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Today's Mortgage Rates

Sunday, February 5, 2012

30 Year Fixed 3.89%
30 Year FHA 3.75%
15 Year Fixed 3.28%
5/1 ARM 3.00%

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Military VA Loan

Buy a home with no down-payment

Fill out the 1-minute VA home loan quote form. Get pre-approved in advance so that you can go shopping for your new home with confidence. Click on the button below to get pre-approved.

VA Home Loan

Additional VA home loan programs

For veterans who want to refinance their homes. Percentage rates are the lowest in decades.

For veterans who want to refinance and get additional cash-out of their home.

Using Your VA Loan Benefits

VA Jumbo Loan

A VA jumbo loan is any loan greater than $417,000. If you are a veteran who lives in a high cost area or you wish to purchase or refinance a home that cost more than $417,000 you can use your VA status to do so. The VA jumbo loan requires that the veteran put down a 100% down payment on any amount over the $417,000.

An example of a VA jumbo loan transaction would be an eligible veteran wanting to purchase a new home for $427,000. The maximum VA loan amount would be $417,000 with a $0 down payment, and the veteran would need to come up with a cash down payment of 100% of the amount over $417,000 which is $10,000. So, in this example, the Veteran could purchase this home for a down payment of $10,000 plus closing cost and obtain a mortgage in the amount of $417,000.

If you would like to get pre-qualified for a VA Jumbo Loan, please follow this link: VA Jumbo Loan

VA home loan quotes are freely available

The VA home loan program is an excellent deal for active duty military personnel and non-active duty veterans. Take advantage of your benefits.

  • Loan Amounts Up to $417,000.00
  • 15, 25 or 30 Year Loan Terms
  • Up to 6% Seller Paid Closing Cost Allowed
  • No Mortgage Insurance
  • Allowed To Finance Up to $6000 For Energy Improvements

How can I obtain more information about VA home loans?

You can telephone the US Veterans Affairs offices at (800)827-1000

Here are some links to additional information