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What is the going interest rate for a VA Small Business Loan ?
The interest rate on a VA small business loan is set on the basis of the prime interest rate. For a loan of $25,000 or less 7 years or less Prime + 4.25%, and for $50,000 or more 7 years or more Prime + 2.75%
What's VA loan and how to apply for a VA loan?
Go to VA.Gov and look for benefits on the website. A va loan has the lowest interest rate I can think of.paspdjfkkkjkntkjtnk.sdfkj;adfg;lakshdfl;gk.flgkjsadf;lgj.
What is the average interest rate for VA Loans ?
If you have good credit, there's not going to be much difference between a typical mortgage interest rate. If you have bad credit, you can still get rates comparable to what a non-VA good credit borrower would get.
Where could one find more information on the VA loan rate?
A VA loan is one for military members. To find out about getting a loan, benefits, and loan rates one can visit the website for veterans united or the VA loan.
What is the difference between a fixed loan and a conventional loan?
A conventional loan is a loan that is not insured by the FHA, VA or USDA. Some are ARM's and some are fixed. You can get a fixed rate conventional, FHA, VA or USDA loan.
current interest rate for 100% Disabled Veteran that wants to refinance and make repair to home?
You should contact your local va loan center for a quote http://www.homeloans.va.gov/rlcweb.htm We can connect you to a lender that charges NO FEES and can lend up to 100% with cash out on a VA Loan Refinance. FreeVALoan.com
What is the difference between VA mortgage loan interest rate and conventional rates?
VA rates are about the same as FHA. FHA is about the same as conventional or within .25% of conventional. The key with VA is that you don't have any mortgage insurance premiums as you would with FHA and conventional loans when putting a downpayment of less than 20% when purchasing a home. VA is also a zero downpayment loan.
How much does a VA loan cost to get?
Generally, the closing costs associated with a VA loan average between 2% and 5% of the amount to be financed.
How soon can you refinance a VA loan?
If the current VA rate drops 2% or you can save more than 50 per month you can do an Interest Rate Reduction loan. If you want equity out (cash back) you will have to wait 6 mo-1 year (until your VA appraisal expires). Most Lender's will base you new loan on the original Sales Price if it is within the first year. So unless you put a downpayment of 10% or more it usually is not wise to do this during the first 12 mos.
What does VA streamline refinancing do?
It is a refinance loan that is backed by the government available to veterans with a previous VA loan. The VA streamline refinancing allows veterans to replace their loans with new ones that take advantage of the current low interest rates.
What is the range of interest rates currently available for VA loans for 30 year fixed?
the majority of current VA Loans have interest rates that are much lower than the current market, the interest rate is usually around 6.25%, below is a link which has all answers in regards to the current interest rate in regards to the VA loans. http://mortgage-x.com/library/loans.htm
Where can one get a loan for a small business in Richmond VA?
There are several financial institutions where one can get a loan for a small business in Richmond, Va. One place is the Small Business Association. Another is almost any local bank. Local banks usually have a great interest rate for loans. Do not go with a national chain. Go with local or credit union.
