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You are here: Home / Mortgage Programs / VA Home Loans

VA Home Loans

What is VA Loan?

A VA home loan is a mortgage loan in the United States that’s guaranteed by the United States Department of Veteran Affairs. The VA is the loan guarantor; the lenders offering VA home loans vary by location.

The principle behind veterans’ home loans is to provide veterans with long-term financing and no-money-down home loans.

How does a VA home loan work?

The VA loan allows veterans:

  • No-money-down home loans
  • 103% financing without private mortgage insurance
  • 20% second mortgage
  • up to $6,000 for energy-efficient improvements

As you can imagine, VA home loan rates are among the best available in the US, and the southern Florida and Georgia markets are no exception. At Avrus Financial and Mortgage, we can show you all the options open to you, and can help you find the absolute best VA home loan mortgage rates available.

You’ll find that VA loans’ interest rates are the best available and will help you get the mortgage you need for the home of your dreams. Avrus Financial and Mortgage can help!

Call us today at 800-741-4004 and ask us how!

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Today’s Mortgage Rates
Rates, points and APRs shown are for a 30-day lock, single family residence, loan to value 80% or less, purchase and fully documented income.
Conforming APRs based on $260,000 loan in Florida, Georgia, and California. Jumbo APRs based on $420,000 loan in Florida. Adjustable Rate Mortgages (ARMs) have 30-year terms, with rate fixed for initial 3,5, 7 or 10 years. State and other conditions and restrictions may apply.
Loans up to $417,000 Rate APR
30 Year Fixed 3.500% 3.650%
15 Year Fixed 2.500% 2.690%
5 Year ARM 2.500% 2.910%
FHA - VA Rate APR
30 Year Fixed 3.250% 3.895%
15 Year Fixed 2.750% 3.630%
JUMBO LOANS Rate APR
30 Year Fixed 3.750% 3.960%
15 Year Fixed 3.250% 3.390%
Rate Details as of 10/12/2016

 

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