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VA Loan question?

February 14, 2011 by admin  
Filed under Arizona VA Loan

I am preapproved for 250K loan and decided to go the VA route. My question is do these rates vary per individual or is pretty much standard across the baord. Will a veteran in Arizona get the same rate in NY? This isnt very clear I do however see a 30yrVA fixed listed but wonder if it is even worth dhopping rates and closing costs or is pretty consistent across the board. Should I get 2 quotes, with 2 good faith estimates or is pretty darn close with this type of mortage

Any one help me with this

A VA loan is a va loan. The only difference is the cap amount from one region to the other. Some areas have higher real estate prices so the cap rate is high there. But the rates are generally same. You can shop banks & Mortgage brokers to see who will give you a better deal.

Comments

One Response to “VA Loan question?”
  1. jen_ny6 says:

    A VA loan is a VA loan. The only difference is the cap amount from one region to the other. Some areas have higher real estate prices so the cap rate is high there. But the rates are generally same. You can shop banks & mortgage brokers to see who will give you a better deal.
    References :

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