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VA Mortgage Rates

Because the federal government backs VA home loans, lenders have the luxury of charging competitively low interest rates. Eligible veterans and service members find that rates are generally lower with a VA home loan than a conventional mortgage.

The Department of Veterans Affairs (VA) doesn’t set interest rates. Your lender determines the rate on your VA loan based on your unique financial situation.

Speak with a home loan specialist about current VA loan rates.

Current VA Mortgage Rates

VA loan rates change daily based on market conditions. Your personal interest rate depends on your eligibility, your credit, income, purchase price, down payment (if used), and other factors.

Below is a guideline based on recent interest rates.

VA Loan Type Interest Rate APR
30-Year Fixed VA Purchase 2.500%-3.500% 2.823%-4.000%
15-Year Fixed VA Purchase 2.250%-3.500% 2.710%-3.750%
30-Year Streamline (IRRRL) 2.750%-3.750% 2.932%-4.000%
15-Year Streamline (IRRRL) 2.250%-3.500% 2.547%-3.650%
30-Year VA Cash-Out 2.750%-3.750% 3.068%-4.100%
15-year VA Cash-Out 2.250%-3.250% 2.795%-3.950%
30-Year Fixed VA Jumbo 2.500%-3.500% 2.832%-3.950%
30-Year Streamline (IRRRL) Jumbo 2.750%-3.750% 2.922%-3.950%
30-Year VA Cash-Out Jumbo 2.750%-3.750% 3.059%-4.100%
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