Tucson VA Loan Rates, Closing Costs & Stats

TUCSON, AZ

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    • A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

    The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

    For additional benefits of VA loans, click here.

    Tucson's 122 lenders originated 2,368 VA loans during 2023. The total origination value was $854,340,000, with an average VA loan value of $360,785.

    Tucson VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Tucson averaged 6.24% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Tucson's average VA mortgage closing costs are $6,392.

    The average rate for the prior week (2024-12-06) was 5.87% and one month ago for the week of 2024-11-08, the average rate was 6.27%.

    The average rate one year ago was 6.72%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.34%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Tucson VA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Tucson level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 210 6.61% $7,681
    LOANDEPOT.COM, LLC 151 5.65% $16,556
    NOVA FINANCIAL & INVESTMENT CORPORATION 147 6.31% $7,895
    CROSSCOUNTRY MORTGAGE, LLC 146 6.37% $10,253
    DHI MORTGAGE COMPANY, LTD. 101 5.37% $13,397
    UNITED WHOLESALE MORTGAGE, LLC 100 6.06% $10,163
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 97 6.29% $9,218
    GUILD MORTGAGE COMPANY 95 6.13% $12,615
    QUICKEN LOANS, LLC 90 5.94% $12,331
    EAGLE HOME MORTGAGE, LLC 87 4.94% $7,441
    Prosperity Home Mortgage, LLC 82 5.98% $11,550
    ALTITUDE FINANCIAL CORPORATION 62 6.38% $8,073
    V.I.P. MORTGAGE, INC. 60 6.55% $8,290
    KBHS HOME LOANS, LLC 57 5.55% $11,871
    NAVY FEDERAL CREDIT UNION 55 5.70% $8,430
    HOMEAMERICAN MORTGAGE CORPORATION 49 5.23% $8,313
    USAA Federal Savings Bank 45 6.23% $10,468
    PULTE MORTGAGE LLC 44 5.32% $7,628
    PENNYMAC LOAN SERVICES, LLC 41 5.51% $11,234
    AMERICAN PACIFIC MORTGAGE CORPORATION 38 6.44% $12,106
    GUARANTEED RATE AFFINITY, LLC 35 6.31% $8,113
    FREEDOM MORTGAGE CORPORATION 32 6.39% $17,678
    MATTAMY HOME FUNDING, LLC 30 5.22% $11,963
    The Federal Savings Bank 27 6.28% $16,515
    MOVEMENT MORTGAGE, LLC 25 6.34% $9,262
    NEW DAY FINANCIAL, LLC 25 7.46% $16,332
    MORIA DEVELOPMENT, INC. 23 6.33% $12,250
    GUARANTEED RATE, INC. 23 6.11% $8,402
    Mr. Cooper ( Nationstar Mortgage ) 18 5.87% $15,133
    PENTAGON FEDERAL CREDIT UNION 17 5.23% $10,797
    VILLAGE CAPITAL MORTGAGE 16 5.77% $11,719
    TruHome Solutions, LLC 11 5.81% $7,653
    BROKER SOLUTIONS, INC. 10 6.44% $14,015
    CARDINAL FINANCIAL 10 6.29% $10,437
    NEWREZ LLC 9 6.31% $9,704
    AMCAP MORTGAGE, LTD. 7 6.30% $14,563
    Flagstar Bank, FSB 7 6.02% $8,679
    Wells Fargo Bank 7 5.77% $6,097
    HOMEOWNERS FINANCIAL GROUP USA, LLC 6 6.44% $11,587
    Plains Commerce Bank 6 5.85% $9,007
    GENEVA FINANCIAL, LLC 6 7.02% $12,110
    Magnolia Bank 6 5.75% $17,874
    AMERISAVE MORTGAGE CORPORATION 6 5.60% $12,307
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.05% $11,054
    Barrington Bank & Trust Company, N.A. 5 5.78% $5,557
    SUN WEST MORTGAGE COMPANY, INC. 4 6.47% $10,837
    LAKEVIEW LOAN SERVICING, LLC 4 6.03% $9,994
    American Mortgage & Equity Consultants, Inc. 4 6.38% $9,483
    Paramount Residential Mortgage Group, Inc. 4 6.44% $12,347
    PLANET HOME LENDING, LLC 4 6.37% $6,527
    Equity Prime Mortgage LLC 4 6.41% $14,848
    RESIDENTIAL BANCORP 4 6.13% $18,286
    VERITAS FUNDING, LLC 4 6.09% $20,357
    Gateway First Bank 4 6.47% $7,683
    BNC National Bank 3 5.50% $12,137
    JPMorgan Chase Bank 3 5.96% $2,314
    LADERA LENDING, INC. 3 6.42% $22,159
    Lakeview Community Capital, LLC 3 6.08% $11,189
    LOANPAL, LLC 3 6.75% $16,672
    NBKC BANK 3 5.50% $3,281
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.54% $6,203
    Mid-Continent Funding, Inc. 3 6.17% $8,325
    NETWORK CAPITAL FUNDING CORPORATION 3 6.33% $8,588
    CMG MORTGAGE, INC. 3 5.92% $11,882
    SUMMIT FUNDING, INC. 2 6.48% $4,867
    AMERICAN FINANCIAL NETWORK, INC. 2 6.88% $5,790
    The Loan Store, Inc. 2 6.43% $11,007
    MORTGAGEONE, INC. 2 6.69% $4,180
    Strong Home Mortgage, LLC 2 5.50% $7,168
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.25% $7,057
    First Western Trust Bank 2 5.88% $9,681
    BAY EQUITY LLC 2 7.06% $26,777
    ONY GLO, INC. 2 6.00% $12,129
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.50% $7,700
    MANN FINANCIAL INC. 2 6.94% $5,961
    U.S. Bank 2 5.93% $8,900
    MICHIGAN MUTUAL, INC. 2 6.56% $7,459
    Zions Bank 1 5.75% $9,896
    ACADEMY MORTGAGE CORPORATION 1 5.50% $12,464
    AHL FUNDING 1 6.75% $14,741
    ALAMEDA MORTGAGE CORPORATION 1 6.00% $17,673
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $2,905
    AMERICAN FINANCING CORPORATION 1 6.25% $13,353
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $35,672
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.25% $4,401
    Armed Forces Bank 1 5.75% $5,276
    Bank of America 1 6.50% $18,381
    Carrington Mortgage Services, LLC 1 5.13% $4,533
    CASTLE & COOKE MORTGAGE, LLC 1 7.25% $8,603
    Century Mortgage Company DBA Century Lending Company 1 6.25% $4,629
    CITYWIDE HOME LOANS, LLC 1 6.75% $13,824
    Colonial Savings, F.A. 1 6.00% $4,911
    Cornerstone First Mortgage, Inc 1 5.99% $15,225
    DAS Acquisition Company, LLC 1 6.88% $10,398
    EMBRACE HOME LOANS, INC. 1 5.75% $6,696
    First Savings Bank 1 6.13% $20,612
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.00% $17,831
    HOMESTEAD FUNDING CORP. 1 6.00% $8,545
    HUNT MORTGAGE CORPORATION 1 7.00% $15,954
    INTERCAP LENDING INC. 1 5.88% $23,572
    INTERLINC MORTGAGE SERVICES, LLC 1 6.88% $11,937
    INTERNATIONAL CITY MORTGAGE, INC. 1 6.00% $8,893
    MORTGAGE EXPRESS, LLC 1 5.25% $7,679
    Nations Lending Corporation 1 6.75% $4,893
    North American Savings Bank, F.S.B. 1 5.75% $1,561
    Northpointe Bank 1 6.50% $9,644
    Old National Bank 1 5.13% $8,233
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.13% $823
    PNC Bank 1 5.75% $2,450
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $5
    RELIANCE FIRST CAPITAL, LLC 1 5.50% $12,102
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 6.63% $4,664
    SECURITYNATIONAL MORTGAGE COMPANY 1 7.00% $17,161
    SIRVA MORTGAGE, INC. 1 7.13% $8,910
    SUCCESS MORTGAGE PARTNERS, INC. 1 5.99% $575
    Sunflower Bank 1 6.63% $8,516
    The Central Trust Bank 1 7.00% $3,589
    The Huntington National Bank 1 6.00% $25,959
    UNION HOME MORTGAGE CORP. 1 7.25% $5,004
    VELOCIO MORTGAGE L.L.C. 1 5.75% $19,441
    ZILLOW HOME LOANS, LLC 1 5.63% $11,929
    Academy Bank 1 6.50% $4,870

    The top Tucson VA lender as defined by loan originations is Mortgage Research Center, LLC, with 210 VA loans originated. Their average total fees are $7,681, which is $8,875 lower than the next largest lender, LOANDEPOT.COM, LLC.

    The lowest fee Tucson VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($7,441), PULTE MORTGAGE LLC ($7,628), TruHome Solutions, LLC ($7,653), Mortgage Research Center, LLC ($7,681) and NOVA FINANCIAL & INVESTMENT CORPORATION ($7,895).

    The lowest rate Tucson VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.94%), MATTAMY HOME FUNDING, LLC (5.22%), PENTAGON FEDERAL CREDIT UNION (5.23%), HOMEAMERICAN MORTGAGE CORPORATION (5.23%) and PULTE MORTGAGE LLC (5.32%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Tucson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $266,950 (7.0%) $381,596 (5.7%) 0.99 3,610
    2018-02-01 $274,246 (7.0%) $388,338 (4.1%) 1.00 3,499
    2018-03-01 $274,900 (4.1%) $388,216 (2.8%) 0.96 3,449
    2018-04-01 $279,925 (5.9%) $394,203 (4.8%) 0.95 3,276
    2018-05-01 $282,400 (8.7%) $397,709 (5.9%) 0.94 3,219
    2018-06-01 $278,000 (5.5%) $391,960 (4.2%) 0.93 3,121
    2018-07-01 $279,808 (8.5%) $385,922 (5.1%) 0.93 3,089
    2018-08-01 $279,948 (9.8%) $384,745 (6.1%) 0.94 3,044
    2018-09-01 $279,900 (9.2%) $384,625 (5.9%) 0.94 3,102
    2018-10-01 $277,450 (7.0%) $383,700 (4.3%) 0.94 3,358
    2018-11-01 $279,313 (6.7%) $382,574 (1.7%) 0.95 3,480
    2018-12-01 $278,000 (6.9%) $388,460 (2.8%) 0.96 3,440
    2019-01-01 $279,500 (4.7%) $394,391 (3.4%) 0.97 3,367
    2019-02-01 $285,750 (4.2%) $403,772 (4.0%) 0.97 3,416
    2019-03-01 $293,857 (6.9%) $416,220 (7.2%) 0.96 3,288
    2019-04-01 $298,581 (6.7%) $421,878 (7.0%) 0.95 3,201
    2019-05-01 $298,641 (5.8%) $422,167 (6.2%) 0.93 3,040
    2019-06-01 $294,500 (5.9%) $413,490 (5.5%) 0.92 2,886
    2019-07-01 $287,995 (2.9%) $406,364 (5.3%) 0.90 2,793
    2019-08-01 $289,273 (3.3%) $412,402 (7.2%) 0.92 2,717
    2019-09-01 $289,682 (3.5%) $417,264 (8.5%) 0.93 2,739
    2019-10-01 $289,955 (4.5%) $419,182 (9.3%) 0.94 2,783
    2019-11-01 $286,989 (2.8%) $415,873 (8.7%) 0.94 2,814
    2019-12-01 $285,500 (2.7%) $413,647 (6.5%) 0.95 2,672
    2020-01-01 $287,500 (2.9%) $414,853 (5.2%) 0.96 2,501
    2020-02-01 $297,830 (4.2%) $429,226 (6.3%) 0.97 2,448
    2020-03-01 $299,675 (2.0%) $431,529 (3.7%) 0.94 2,404
    2020-04-01 $296,963 (-0.5%) $413,561 (-2.0%) 0.93 2,642
    2020-05-01 $300,000 (0.5%) $425,640 (0.8%) 0.91 2,336
    2020-06-01 $321,950 (9.3%) $456,526 (10.4%) 0.95 1,772
    2020-07-01 $325,000 (12.9%) $453,254 (11.5%) 0.94 1,549
    2020-08-01 $323,270 (11.8%) $459,454 (11.4%) 0.93 1,521
    2020-09-01 $316,332 (9.2%) $465,601 (11.6%) 0.91 1,532
    2020-10-01 $310,000 (6.9%) $459,550 (9.6%) 0.89 1,641
    2020-11-01 $313,439 (9.2%) $470,630 (13.2%) 0.92 1,553
    2020-12-01 $315,000 (10.3%) $472,568 (14.2%) 0.94 1,367
    2021-01-01 $320,000 (11.3%) $494,616 (19.2%) 0.96 1,169
    2021-02-01 $325,000 (9.1%) $515,150 (20.0%) 0.95 940
    2021-03-01 $335,035 (11.8%) $527,183 (22.2%) 0.95 879
    2021-04-01 $342,000 (15.2%) $528,171 (27.7%) 0.93 893
    2021-05-01 $344,000 (14.7%) $520,700 (22.3%) 0.91 934
    2021-06-01 $350,000 (8.7%) $520,919 (14.1%) 0.92 993
    2021-07-01 $350,000 (7.7%) $489,786 (8.1%) 0.92 1,180
    2021-08-01 $359,725 (11.3%) $483,535 (5.2%) 0.96 1,328
    2021-09-01 $359,950 (13.8%) $484,218 (4.0%) 0.96 1,497
    2021-10-01 $359,000 (15.8%) $479,305 (4.3%) 0.96 1,697
    2021-11-01 $359,950 (14.8%) $483,323 (2.7%) 0.96 1,674
    2021-12-01 $361,950 (14.9%) $480,444 (1.7%) 0.98 1,521
    2022-01-01 $364,990 (14.1%) $500,987 (1.3%) 0.99 1,362
    2022-02-01 $375,495 (15.5%) $538,244 (4.5%) 0.98 1,083
    2022-03-01 $388,247 (15.9%) $562,017 (6.6%) 0.97 999
    2022-04-01 $399,500 (16.8%) $566,315 (7.2%) 0.95 1,030
    2022-05-01 $407,008 (18.3%) $580,535 (11.5%) 0.93 1,205
    2022-06-01 $409,950 (17.1%) $567,549 (9.0%) 0.91 1,513
    2022-07-01 $399,990 (14.3%) $540,818 (10.4%) 0.90 1,946
    2022-08-01 $391,000 (8.7%) $519,170 (7.4%) 0.90 2,163
    2022-09-01 $383,356 (6.5%) $507,188 (4.7%) 0.90 2,363
    2022-10-01 $379,000 (5.6%) $505,419 (5.5%) 0.89 2,636
    2022-11-01 $375,000 (4.2%) $510,223 (5.6%) 0.90 2,782
    2022-12-01 $375,000 (3.6%) $508,106 (5.8%) 0.93 2,596
    2023-01-01 $377,000 (3.3%) $524,574 (4.7%) 0.93 2,370
    2023-02-01 $389,000 (3.6%) $547,620 (1.7%) 0.94 2,121
    2023-03-01 $399,950 (3.0%) $565,451 (0.6%) 0.94 1,953
    2023-04-01 $403,675 (1.1%) $582,574 (2.9%) 0.94 1,692
    2023-05-01 $414,350 (1.8%) $595,129 (2.5%) 0.94 1,608
    2023-06-01 $414,997 (1.2%) $588,646 (3.7%) 0.93 1,609
    2023-07-01 $410,000 (2.5%) $583,215 (7.8%) 0.93 1,622
    2023-08-01 $406,025 (3.8%) $575,012 (10.8%) 0.93 1,630
    2023-09-01 $399,900 (4.3%) $570,632 (12.5%) 0.93 1,757
    2023-10-01 $399,000 (5.3%) $552,351 (9.3%) 0.94 2,083
    2023-11-01 $399,900 (6.6%) $555,334 (8.8%) 0.95 2,309
    2023-12-01 $398,900 (6.4%) $548,714 (8.0%) 0.97 2,347
    2024-01-01 $399,000 (5.8%) $556,034 (6.0%) 0.97 2,375
    2024-02-01 $400,000 (2.8%) $570,948 (4.3%) 0.96 2,399
    2024-03-01 $402,700 (0.7%) $568,129 (0.5%) 0.95 2,420
    2024-04-01 $409,299 (1.4%) $572,034 (-1.8%) 0.95 2,491
    2024-05-01 $403,876 (-2.5%) $577,147 (-3.0%) 0.91 2,630
    2024-06-01 $399,900 (-3.6%) $557,371 (-5.3%) 0.90 2,665
    2024-07-01 $395,000 (-3.7%) $534,184 (-8.4%) 0.90 2,751
    2024-08-01 $390,000 (-4.0%) $526,621 (-8.4%) 0.91 2,776
    2024-09-01 $390,000 (-2.5%) $533,285 (-6.5%) 0.92 3,070
    2024-10-01 $395,000 (-1.0%) $536,185 (-2.9%) 0.93 3,274
    2024-11-01 $390,000 (-2.5%) $538,364 (-3.1%) 0.94 3,526
    Tucson's median listing price for 2024-11-01 was $390,000, a difference of $-9,900 (-2.5%) versus the prior year and $-5,000 versus the prior month.

    Tucson's median listing price comes in at 94% of the national average.

    Tucson's average listing price for 2024-11-01 was $538,364, a difference of $-16,970 (-3.1%) versus the prior year and $2,179 versus the prior month.

    For the 2024-11-01 period, Tucson had 3,526 MLS listings, a difference of 252 listings (8%) versus the prior month and 1,217 listings (53%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Tucson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 64 days 2,004 sqft
    2018-02-01 51 days 2,030 sqft
    2018-03-01 50 days 2,036 sqft
    2018-04-01 50 days 2,050 sqft
    2018-05-01 48 days 2,058 sqft
    2018-06-01 50 days 2,013 sqft
    2018-07-01 53 days 2,026 sqft
    2018-08-01 54 days 2,019 sqft
    2018-09-01 52 days 2,020 sqft
    2018-10-01 50 days 1,987 sqft
    2018-11-01 51 days 1,987 sqft
    2018-12-01 58 days 1,962 sqft
    2019-01-01 63 days 1,993 sqft
    2019-02-01 48 days 2,030 sqft
    2019-03-01 48 days 2,058 sqft
    2019-04-01 51 days 2,062 sqft
    2019-05-01 51 days 2,047 sqft
    2019-06-01 51 days 2,049 sqft
    2019-07-01 50 days 2,020 sqft
    2019-08-01 50 days 2,027 sqft
    2019-09-01 49 days 2,026 sqft
    2019-10-01 49 days 2,024 sqft
    2019-11-01 52 days 1,976 sqft
    2019-12-01 60 days 1,960 sqft
    2020-01-01 59 days 1,981 sqft
    2020-02-01 44 days 1,996 sqft
    2020-03-01 43 days 1,997 sqft
    2020-04-01 44 days 1,958 sqft
    2020-05-01 55 days 1,980 sqft
    2020-06-01 57 days 2,010 sqft
    2020-07-01 53 days 2,008 sqft
    2020-08-01 51 days 1,986 sqft
    2020-09-01 47 days 1,937 sqft
    2020-10-01 48 days 1,905 sqft
    2020-11-01 50 days 1,911 sqft
    2020-12-01 55 days 1,905 sqft
    2021-01-01 52 days 1,912 sqft
    2021-02-01 40 days 1,907 sqft
    2021-03-01 38 days 1,920 sqft
    2021-04-01 35 days 1,872 sqft
    2021-05-01 32 days 1,871 sqft
    2021-06-01 32 days 1,880 sqft
    2021-07-01 30 days 1,844 sqft
    2021-08-01 30 days 1,854 sqft
    2021-09-01 32 days 1,851 sqft
    2021-10-01 33 days 1,845 sqft
    2021-11-01 37 days 1,868 sqft
    2021-12-01 44 days 1,862 sqft
    2022-01-01 44 days 1,861 sqft
    2022-02-01 37 days 1,868 sqft
    2022-03-01 35 days 1,879 sqft
    2022-04-01 32 days 1,883 sqft
    2022-05-01 30 days 1,920 sqft
    2022-06-01 30 days 1,914 sqft
    2022-07-01 32 days 1,873 sqft
    2022-08-01 37 days 1,839 sqft
    2022-09-01 41 days 1,817 sqft
    2022-10-01 44 days 1,812 sqft
    2022-11-01 50 days 1,813 sqft
    2022-12-01 60 days 1,812 sqft
    2023-01-01 61 days 1,822 sqft
    2023-02-01 52 days 1,837 sqft
    2023-03-01 47 days 1,860 sqft
    2023-04-01 47 days 1,904 sqft
    2023-05-01 43 days 1,924 sqft
    2023-06-01 43 days 1,959 sqft
    2023-07-01 43 days 1,944 sqft
    2023-08-01 41 days 1,918 sqft
    2023-09-01 41 days 1,904 sqft
    2023-10-01 39 days 1,868 sqft
    2023-11-01 43 days 1,862 sqft
    2023-12-01 51 days 1,852 sqft
    2024-01-01 54 days 1,847 sqft
    2024-02-01 44 days 1,852 sqft
    2024-03-01 44 days 1,849 sqft
    2024-04-01 45 days 1,852 sqft
    2024-05-01 40 days 1,852 sqft
    2024-06-01 43 days 1,844 sqft
    2024-07-01 49 days 1,816 sqft
    2024-08-01 51 days 1,812 sqft
    2024-09-01 52 days 1,812 sqft
    2024-10-01 51 days 1,812 sqft
    2024-11-01 56 days 1,804 sqft
    Tucson's median listing age (time on market) for 2024-11-01 was 56 days. This is 32% longer than the same period one year ago.

    Tucson's median square footage for active listings during the 2024-11-01 period was 1,804 sqft. One year prior, the average listing was 1,862 sqft.

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.