VA Mortgage Rates Today

Today's VA Mortgage Rates

VA mortgage rates change daily based on bond market movements, Federal Reserve policy, and lender competition. The rates shown above are pulled live from VA-approved lenders and reflect real offers available to qualified borrowers today.

What Are VA Loan Rates Today?

VA loans consistently carry the lowest interest rates of any major loan program. Because the Department of Veterans Affairs guarantees a portion of each loan, lenders take on less risk and can offer more competitive pricing. On average, VA rates run 0.25–0.50% below comparable conventional 30-year fixed loans.

The rate table above shows current VA loan offers across 30-year fixed, 15-year fixed, and adjustable-rate programs. Each rate is a real offer from a participating VA-approved lender — not a teaser or estimate.

Who Qualifies for a VA Loan?

VA loan eligibility is based on military service. You may qualify if you are:

• An active-duty servicemember with at least 90 continuous days of service
• A veteran who served the minimum required period (varies by era)
• A National Guard or Reserve member with at least 6 years of service
• The surviving spouse of a servicemember who died in the line of duty or from a service-related disability

To use your VA benefit, you'll need a Certificate of Eligibility (COE), which lenders can typically obtain on your behalf during the loan process.

VA Loan vs. Conventional Loan

VA loans offer several structural advantages over conventional loans:

• No down payment required — Conventional loans typically require 3–20% down. VA loans allow 0% down with no penalty.
• No PMI — Conventional borrowers with less than 20% down pay private mortgage insurance, often $100–$500/month. VA loans have no PMI.
• Lower rates — The VA guarantee reduces lender risk, translating to consistently lower interest rates for eligible borrowers.
• Flexible credit requirements — VA loans are more forgiving of past credit issues than conventional programs.
• Funding fee — The one trade-off: VA loans charge a one-time funding fee (1.25–3.3%), though it can be rolled into the loan. Veterans with a service-connected disability are exempt.

How to Get the Best VA Mortgage Rate

Even within the VA program, rates vary significantly between lenders. To secure the lowest rate available:

1. Get your Certificate of Eligibility before shopping so lenders can give you accurate quotes.
2. Compare at least three VA-approved lenders on the same day.
3. Consider your credit score — higher scores still unlock better pricing within the VA program.
4. Evaluate discount points if you plan to stay in the home long-term.
5. Lock your rate once you have a competitive offer — VA rates can move quickly.

VA Loan FAQs