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Are conventional mortgage rates better than VA rates?

April 26, 2017conventional mortgage rates rates VA

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Are conventional mortgage rates better than VA rates?

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Conventional mortgage rates aren’t necessarily lower than VA rates. Once approved for a VA Loan, the Veteran or active duty service person is eligible for the best rates regardless of score or credit history. VA rates are comparable to conventional rates where the borrower has near perfect credit and 20% to put down, only with a VA Loan the borrower can have less than perfect credit and no money down. Get started with your VA Loan today by contacting a VA Loan Specialist.