VA Loan Rates for Mar 31, 2026
Check your VA rate now—$0 down, no PMI. Eligible veterans and service members can save thousands. Compare rates below and get a personalized quote in minutes.
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VA Loan Highlights
Eligible veterans and service members get $0 down, no PMI, and competitive rates. Here's what makes the VA loan one of the best benefits in the military.
$0 down
100% financing—no down payment required. Keep your savings for moving, repairs, or reserves. One of the biggest benefits of the VA loan.
No PMI
Unlike conventional loans with less than 20% down, VA loans never require private mortgage insurance. That can save hundreds per month.
Competitive rates
The VA guarantee reduces lender risk, so you often get lower rates than conventional. Shop multiple lenders to find your best rate.
Reusable benefit
Your VA loan benefit never expires. Pay off a loan and your entitlement restores. You can even have two VA loans at once in some cases.
COE required
You need a Certificate of Eligibility from the VA. Most veterans get it in minutes online. Your lender can help you obtain it.
No loan limits
With full entitlement, there are no VA-imposed caps. Your borrowing power is based on income, credit, and what you can afford.
Why VA Works for Veterans
The VA loan was designed to reward military service. If you're eligible, it's often the most affordable path to homeownership—no down payment, no PMI, and competitive rates.
$0 down, no PMI
Keep your savings. No down payment, no PMI—unlike conventional.
Lower total cost with less than 20% down
One-time funding fee vs. years of PMI. Compare total costs, not just rates.
Reusable benefit
Pay off a VA loan and your entitlement restores. Use it again for your next home.
VA At a Glance
Funding fee at a glance
VA charges a one-time funding fee (1.25%–3.3%) instead of monthly PMI. It can be financed into the loan. Veterans with VA disability compensation and certain surviving spouses are exempt.
First-time use with $0 down is typically 2.3%; subsequent use is higher. Your lender will calculate your exact fee.
Loan limits
With full entitlement, there are no VA loan limits. Your borrowing power is based on income, credit, and what you can afford—not a cap.
Partial entitlement or subsequent use may have county-based limits. Your lender will confirm your eligibility.
Eligibility & next steps
You need a Certificate of Eligibility (COE) from the VA—most veterans get it in minutes online. Primary residence only; property must meet VA standards.
A VA-approved lender can help you obtain your COE and compare VA, FHA, and conventional options. First-time home buyer programs →
See if you qualify →VA vs Conventional
VA often wins when putting less than 20% down—no PMI can offset the one-time funding fee. Conventional can compete with 20% down and strong credit.
Not sure if VA is your best option?
Talk with a VA-approved lender about your service history, COE, and budget to compare VA, FHA, and conventional options side by side.
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