VA Loans Offered By Leading Lenders At Low-Interest Rates

02 Feb VA Loans Offered By Leading Lenders At Low-Interest Rates

VA borrowers are often concerned about VA loan rates. While some lenders offer VA loans at flexible rates, others follow a fixed loan rate policy. We have briefly described some of the top VA loan lenders offering home loans at low-interest rates.

Navy Federal Credit Union

Navy Federal Credit Union has served more than 9 million Veterans and active army officers across the United States. The lender offers conventional loans, Veterans Affairs loans, and mortgage refinances loans to eligible borrowers.

Highlights – 

• Mortgage types: Military Choice, VA, conventional fixed-rate, Homebuyers Choice, and ARM
• Maximum loan amount: $2 million
• Minimum FICO credit score: Not disclosed
• Better Business Bureau rating: A+

Benefits – 

• Loans at zero down payment
• Borrowers don’t need to pay for mortgage insurance.

Carrington Mortgage Services

Carrington Mortgage Services offers a wide range of mortgage services including, refinancing to eligible borrowers. The lender offers conventional and government-backed mortgage loans. Since 2011, it has funded over $22 billion in home loans.

Highlights – 

• Mortgage types: VA, conventional loans, USDA, FHA, ARM, Carrington Flexible Advantage, and refinancing
• Maximum loan amount: $2.5 million
• Minimum FICO credit score: 500
• Better Business Bureau rating: A+

Benefits – 

• Applicants with a low credit score can also qualify for home loans.
• Conventional loans are available at a 3% down payment.

Guild Mortgage

Founded in 1960, Guild Mortgage offers home loans to borrowers across the United States. The lender provides home renovation loans besides conventional and government-backed mortgage loans.

Highlights – 

• Mortgage types: FHA, VA, conventional USDA, ARM, refinancing, jumbo, and renovation
• Maximum loan amount: $2 million
• Minimum FICO credit score: 620
• Better Business Bureau rating: A+

 Benefits – 

• A wide range of mortgage loans available for borrowers.
• Special mortgage programs for first-time buyers and manufactured home buyers are available.

New American Funding

New American Funding is a leading national mortgage lender offering an extensive range of services. As of now, the lender has funded over $27 billion in mortgage loans.

Highlights – 

• Mortgage types: VA, Cash-out refinance, ARM, conventional loans, FHA, jumbo, HELOCs, reverse, and USDA
• Maximum loan amount: $3 million
• Minimum FICO credit score: 620
• Better Business Bureau rating: A+

 Benefits –

• Different mortgage loans available, including little-to-no down payment loans.
• Mortgage loans are offered at flexible rates.

Veterans United Home Loans

Veterans United Home Loans offers VA and other mortgage loans to veterans and military families nationwide.

Highlights – 

• Mortgage types: VA, refinance, VA Jumbo
• Maximum loan amount: $1.5 million
• Minimum FICO credit score: 640
• Better Business Bureau rating: A+

 Benefits – 

• Loans are offered with zero down payment and without PMI.

Like any conventional loan, VA loans require borrowers to meet the eligibility criteria. Consult a VA loan agent if you’re applying for the first time.