Do VA loans really require nothing down?

Yes, for most eligible borrowers within the county loan limit. You still pay closing costs, and a down payment reduces the funding fee.

Can I use a VA loan more than once?

Yes. Entitlement is restored once a prior VA loan is paid off, and partial entitlement can sometimes support a second simultaneous loan.

VA Loan Mortgage Rates

Current rates and history for va loan loans.

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VA Loan — 12-Month History

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About va loan loans

VA loans are guaranteed by the Department of Veterans Affairs and available to eligible service members, veterans and some surviving spouses. They require no down payment and no ongoing mortgage insurance, which makes them the cheapest financing available to those who qualify.

Instead of mortgage insurance there is a one-time funding fee, which varies with down payment and whether it is a first use. Borrowers receiving VA disability compensation are exempt from it entirely.

Rate versus APR

The interest rate sets your monthly payment. The APR folds in points, lender fees and any mortgage insurance, which makes it the right number for comparing two offers. A lower rate paired with higher fees often costs more over the life of the loan.

Frequently asked questions

Do VA loans really require nothing down?: Yes, for most eligible borrowers within the county loan limit. You still pay closing costs, and a down payment reduces the funding fee.
Can I use a VA loan more than once?: Yes. Entitlement is restored once a prior VA loan is paid off, and partial entitlement can sometimes support a second simultaneous loan.

Rates are collected from public sources and update daily. Verify current terms with the institution before opening an account.