Today’s National VA Rates for May 5th, 2011
*Please note that National VA Rates are subject to change, sometimes several times per day.*
*We now have credit score tier specific National VA Rates!*
*All National VA Rates posted are based on 30 day locks. *
*Please note that the National VA Rates posted are subject to adjustments for the following criteria*
1) Loans under $100,000.00.
2) State specific adjustments.
| VA 30 year fixed | Credit Score 620-639 | Rate | APR |
| with 2 points | 4.750% | 4.930% | |
| with 1 point | 4.875% | 5.029% | |
| with 0 points | 5.125% | 5.191% |
| VA 30 year fixed | Credit Score 640-659 | Rate | APR |
| with 1.579 points | 4.250% | 4.467% | |
| with 1.127 points | 4.375% | 4.554% | |
| with .391 point | 4.50% | 4.616% |
| VA 30 year fixed | Credit Score 660-679 | Rate | APR |
| with 1.329 points | 4.250% | 4.445% | |
| with .877 point | 4.375% | 4.532% | |
| with .141 point | 4.50% | 4.594% |
| VA 30 year fixed | Credit Score 680-699 | Rate | APR |
| with 1.329 points | 4.250% | 4.445% | |
| with .877 point | 4.375% | 4.532% | |
| with .141 points | 4.50% | 4.594% |
| VA 30 year fixed | Credit Score 700-740 |
Rate | APR |
| with 1.204 points | 4.250% | 4.434% | |
| with .752 point | 4.375% | 4.521% | |
| with .016 points | 4.50% | 4.583% |
| VA 15 year fixed | Credit Score 620-639 | Rate | APR |
| with 2 points | N/A | N/A | |
| with 1 point | 4.250% | 4.512% | |
| with 0 points | 4.625% | 4.737% |
| VA 15 year fixed | Credit Score 640-659 | Rate | APR |
| with 2 points | N/A | N/A | |
| with 0 points | 4.000% |
4.260% | |
| with 0 points | Credit of $3,230 for Closing Costs | 4.50% | 4.949% |
| VA 15 year fixed | Credit Score 660-679 | Rate | APR |
| with 1.515 points | 3.75% | 4.119% | |
| with .983 point | 3.875% | 4.164% | |
| with 0 points | 4.00% | 4.142% |
| VA 15 year fixed | Credit Score 680-699 | Rate | APR |
| with 1.515 points | 3.750% | 4.160% | |
| with .983 points | 3.875% | 4.164% | |
| with 0 points | 4.00% | 4.124% |
| VA 15 year fixed | Credit Score 700-740 |
Rate | APR |
| with 2.328 points | 3.625% | 4.116% | |
| with 1.390 points | 3.750% | 4.100% | |
| with .858 points | 3.875% | 4.148% |
The VA Hybrid ARM Rates are based on
rate adjustment caps of 1/1/5 and a margin 1.75%
| VA 3/1 Hybrid ARM |
Credit Score 620-639 | Rate | APR |
| with 2 points | 4.375% | 2.911% | |
| with 1 point | 4.875% | 3.006% | |
| with 0 points | N/A | N/A |
| VA 3/1 Hybrid ARM | Credit Score 640-659 | Rate | APR |
| with 2 points | 3.875% | 2.766% | |
| with 1 point | 4.250% | 2.772% | |
| with 0 points | 4.875% | 2.922% |
| VA 3/1 Hybrid ARM | Credit Score 660-679 | Rate | APR |
| with 2 points | 3.625% | 2.650% | |
| with 1 point | 4.125% | 2.726% | |
| with 0 points | 4.750% | 2.875% |
| VA 3/1 Hybrid ARM | Credit Score 680-699 | Rate | APR |
| with 2 points | 3.50% | 2.612% | |
| with 1 point | 4.000% | 2.683% | |
| with 0 points | 4.50% | 2.783% |
| VA 3/1 Hybrid ARM | Credit Score 700-740 |
Rate | APR |
| with 2 points | 3.250% | 2.537% | |
| with 1 point | 3.750% | 2.607% | |
| with .5 points | 4.375% | 2.737% |
The VA Hybrid ARM Rates are based on
rate adjustment caps of 1/1/5 and a margin 1.75%
| VA 5/1 Hybrid ARM | Credit Score 620-639 | Rate | APR |
| with 2 points | 3.750% | 2.906% | |
| with 1 point | 4.250% | 3.053% | |
| with 0 points | 4.625% | 3.155% |
| VA 5/1 Hybrid ARM | Credit Score 640-659 | Rate | APR |
| with 2.164 points | 3.625% | 2.832% | |
| with .758 point | 3.75% | 2.769% | |
| with 0 points | 4.125% | 2.875% |
| VA 5/1 Hybrid ARM | Credit Score 660-679 | Rate | APR |
| with 2.184 points | 3.50% | 2.781% | |
| with .508 point | 3.750% | 2.749% | |
| with 0 points | 4.00% | 2.815% |
| VA 5/1 Hybrid ARM | Credit Score 680-699 | Rate | APR |
| with 2.184 points | 3.50% | 2.781% | |
| with .508 point | 3.750% | 2.749% | |
| with 0 points | 4.00% | 2.815% |
| VA 5/1 Hybrid ARM | Credit Score 700-740 |
Rate | APR |
| with 2.059 points | 3.500% | 2.770% | |
| with 1.789 points | 3.625% | 2.801% | |
| with .383 points | 3.750% | 2.739% |
Compare Today’s National VA Rates with Today’s USDA Rates and Today’s FHA Rates.
Click below for your free customized quote.
You can also compare our rates posted above to those offered by Pentagon Federal Credit Union, please see the box below.
Here is the link to their rates: https://www.penfed.org/productsAndRates/mortgages/mortgageRatesListing.asp
VA Fixed Mortgage Loans
Fixed Rate Mortgages carry a 1% Origination Fee.
| 30-Year VA Fixed Loan | |||
| Rate | Points | APR | |
| 5.125 | 0.000 | 5.553 | |
| 5.000 | 0.250 | 5.448 | |
| 4.875 | 1.000 | 5.391 | |
| 15-Year VA Fixed Loan | |||
| Rate | Points | APR | |
| 4.000 | 0.000 | 4.711 | |
| 3.875 | 0.500 | 4.663 | |
| 3.750 | 1.125 | 4.634 | |
Pentagon Federal Credit Union Disclosures
Lenders Title Insurance: Close with our preferred title/settlement provider and PenFed will credit your loan the cost of Lenders Title Insurance at closing on 30 & 15 year fixed mortgages and all 5/5 ARM loans (VA loans are excluded). The applicant is responsible for the following fees and costs at the time of closing: Origination fee (Fixed rate loans, except 15-year jumbo), Title costs, recording fees, survey or pest inspection costs, escrow reserves and interest due until first payment, other cost may be included on a case-by-case basis. Escrow will only be waived at 75% LTV. If a loan is withdrawn, does not close, or the purchase contract is terminated, all third-party fees and costs incurred will become the responsibility of the applicant. Other terms and conditions for closing costs may apply, please contact a mortgage representative for details. Different terms and conditions may apply in Puerto Rico. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
All Fixed Rate Mortgages, except the 15-Year Jumbo, carry a 1% Origination Fee.
The maximum combined loan-to-value ratio (CLTV) for homes financed in the state of Florida is 70%.
All rates and offers are as of May 5, 2011 and subject to change without notice. To receive advertised product you must become a member of Pentagon Federal Credit Union (PenFed) by opening a share (savings) account.
*30-Year Fixed Rate Mortgage loan example: $300,000 at initial rate of 5.25% (5.340% APR), 360 monthly payments of approximately $1,656 each (principal and interest only). Rate includes 1% origination fee.
All rates are effective May 5th, 2011 and are subject to change without notice. Information provided is solely for use by licensed real estate agents, builders and consumer use but not for distribution. Rates and APR are accurate as of date shown above and subject to change without notice. *APR and rates are based on $200,000 loan amount and 30 day rate locks.
