Assisting Veterans
for over ten years

We currently employ 6 of the
Nation's Top 25 VA loan officers

Or give us a call at

866-569-8272

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Mortgage Calculators


Not sure how much you can afford to borrow? Or maybe you're wondering how much you VA loan payments will be. We have a variety of VA mortgage calculators to help you figure it all out.

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VA Purchase Loans


If you're ready to buy a new home, whether it's your first home or because you've received your PCS orders, Low VA Rates can help you get a new home loan. We'll guide you through the entire process.

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VA Refinance Loans


If you already own a home and you want to refinance to a lower rate or to get cash out to pay off bills, make home repairs, or go on a trip, let us help match you to the perfect refinance loan.

Prepare

Are You Ready for a Home Loan?

Preparing for a home loan before starting the process will prevent you from experiencing any surprises later on.
Check your credit score and fix any errors on your report. Additionally, don't open any new lines of credit or close old accounts. Consider cutting back your credit card spending.
Other ways to prepare include figuring out how much you can afford to pay each month and saving up for closing costs, if you don't plan on rolling them into the loan balance.

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Choose Your Lender

Contact & Compare Multiple Lenders

Each lender sets their own terms, conditions, and rates, so contacting multiple VA-approved lenders (we recommend at least 3) will help you save money.
Ask about the rates they offer and request a list of lender fees from each one. In addition, read reviews for each lender and trust your gut regarding their honesty and transparency.
Based on their responses to your questions and your experience talking with them, choose the lender you want to work with.

Lender

Get Pre-Approved

Apply for Your COE & Pre-Approval

Next your lender will confirm your VA loan eligibility by requesting your certificate of eligibility (COE).
With your COE in hand, they will then be able to put together your pre-approval letter by checking your credit score and verifying other financial information.
Based on this information, they will then provide the loan amount, interest rate, and term that you're approved for. This letter is crucial during the next stages of the process.

Pre-approved

Find your home

Look for Your Dream Home

Start the search for your perfect home by browsing online, attending open houses, or hiring a real estate agent.
Once you've found a house you love, you'll definitely want an agent's help. If we're your lender, we can help you find one who's local and experienced with VA loans.
An agent can show you houses that fit your budget, and they'll be able to walk you through the steps of securing that dream home, once you find it.

Find a Home

Make an Offer

Negotiate the Purchase of the Home

With the help of a real estate agent, you can make an offer and negotiate the purchase price and any fees the seller is willing to pay. Once negotiations are complete, you're ready to sign a purchase agreement. This should include contingencies for financing, the appraisal, and/or the home inspection.
After finalizing these details and signing the contract, your lender can then move forward with your VA loan.

Make and Offer

Order the Appraisal

Does the Home Meet VA Guidelines?

Now that you're under contract, your lender will order an appraisal to make sure the home meets the VA's minimum property requirements (MPRs).
This process usually takes about 10 days. In order to pass, the home must be safe, sound, and sanitary.
The VA appraiser will also determine the home's value. Ideally, this will be equal to (or greater than) the price you've agreed to pay.

Appraisal

Finalize Loan Terms

Review & Lock Your Loan Terms

After the appraisal, your lender will process your application and send it to underwriting.
They will either give the clear to close or offer conditional approval. You will also receive the loan document so you review the rate, terms, and fees.
If the loan doesn't meet your expectations, you can still contact other lenders. At Low VA Rates, we offer a $250 guarantee if we can't beat another lender's locked terms.

Loan Terms

Close & Move In

Time to Enjoy Your New Home!

Once you've locked your rate and terms and you've made your final decision, your lender will set a closing date.
When this day arrives, you'll need to show proof that you have homeowners insurance. You'll also sign all of the paperwork that grants you ownership of the home.
Finally, after everything is signed and verified, you'll be given the keys to your new house so you can move in and make it a home.

Close
Prepare
Choose Your Lender
Get Pre-Approved
Find Your Home
Make an Offer
Order the Appraisal
Finalize Loan Terms
Close & Move In

Find your home today

Get Started

How much could you be saving?

Refinance

Refinance Your Current VA Loan

If you want a lower interest rate, lower monthly payment, or cash to pay off some bills, now might be the right time to get a VA refinance loan.

If you already have a VA loan, the VA's interest rate reduction refinance loan (IRRRL) is fast, easy, and can save you money.

If you have a conventional or any other loan type, a cash-out refinance loan could help you switch over so you can enjoy all the benefits a VA loan has to offer.

Not sure which one you want? That's ok! We can help. Simply click the button to get started. We'll get your information, and then one of our loan officers will help you decide which loan will best meet your needs.

Start Your Refinance
Purchase

Purchasing a Home with a VA Loan

Whether you're ready to purchase your first home loan, or you're moving to a new duty station and want to find a home there, we're experts when it comes to VA purchase loans.

There are a variety of options when it comes to the kind of VA purchase loan you can get, including hybrid ARM loans, fixed-rate loans, and even jumbo loans.

We have experience writing them all.

So no matter what you need, we're willing and able to work with you. While other lenders might turn you away for a low credit score, we do our best to make your loan happen.

So click below to make your homeownership dreams a reality.

Get a VA Purchase