Search for 15 Year VA Mortgage Rates in Seconds
15 year VA loan programs can be an ideal financing solution for qualifying
military personnel and veterans who want to put little to no money down when
purchasing their homes and who can afford the payments associated with a 15 year
loan. Homeowners and homebuyers can save thousands of dollars in interest by
electing a shorter term fixed rate mortgage rather that
40 year,
30 year,
or 20
year mortgage. 15 year VA loans can also be a wise choice for people who
have a 30 year VA loan who might want to do a VA streamline refinance down to a
15 year term. You can use the rate surveys displayed on BurlingtonMortgage.biz
to get an idea of where 15 FHA mortgage rates are today. Simply choose 15
year VA loan rates from the product choices and begin researching rates, points,
fees, and APRs from various VA mortgage providers. Be sure to contact a few
companies to see if you qualify for what they have posted online.
Why Choose 15 Year VA Loans?
- Little to no money down required.
- 15 Yr VA loan rates are usually close
to that of conventional 15
year mortgage rates.
- 15 year VA mortgages may be assumable
(be sure to ask your loan advisor for
details)
- 15 Year VA loans typically do not carry
mortgage insurance which may make the
programs more appealing than a 15
year FHA loan.
- Gift fund may be used to help cover
some of the closing costs associated with
the loan.
- The VA funding fee may be able to be
financed into the loan amount for 15 year
VA loans.
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