Home mortgage loan rates for these home mortgages should be obtained from home mortgage loan rate brokers qualified to give out home mortgage loan rates on these loans. For the most up to date information and for the most current home mortgage loan rates, the best home mortgage loan rates option is to contact the VA office directly. They can give you home mortgage loan rates, or direct you to brokers who can give you home mortgage loan rates.
These mortgage loans are Veterans Administration Loans. The VA does not actually make and loan out money for veterans to purchase loans; they assure qualified veterans of loans that are available to them. They give backing to loans for veterans.
Financing that is guaranteed by the Veterans Administration can be used for more than purchasing a home. It can be used to repair, upgrade or build a house, buy a condo or townhome in a place approved by the VA, refinance a regular or VA home loan, purchase a manufactured home or lot, improve a manufactured lot (where your existing house is located), and more.
For home mortgage loan rate specifics on Veterans Administration Loans, please contact the Veterans Administration office nearest to you.
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Reference text: Mortgage Loans: What’s Right for You?, by James E. Bridges with Deborah J. Bridges. Copyright 1989, Published by Betterway Publications, Inc., Crozet, VA