North Carolina VA Loan Rates, Closing Costs & Stats

North Carolina

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.

North Carolina VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in North Carolina averaged -0.08% for the week of 2024-11-29, compared to the national average (all VA variants) of 0% for the same period.

North Carolina's average VA mortgage closing costs are $5,962.

The average rate for the prior week (2024-11-22) was 6.18% and one month ago for the week of 2024-10-25, the average rate was 6.08%.

The average rate one year ago was 6.82%.

For refis of the same type during the week of 2024-11-29, the average rate was 0.01%.

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

North Carolina 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 North Carolina level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 3,573 6.72% $7,177
NAVY FEDERAL CREDIT UNION 1,494 5.81% $6,451
UNITED WHOLESALE MORTGAGE, LLC 1,336 6.21% $10,020
MOVEMENT MORTGAGE, LLC 1,298 6.48% $8,636
QUICKEN LOANS, LLC 1,154 6.13% $11,263
FREEDOM MORTGAGE CORPORATION 668 6.56% $13,356
DHI MORTGAGE COMPANY, LTD. 578 5.38% $5,956
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 539 6.53% $8,565
PENNYMAC LOAN SERVICES, LLC 498 5.64% $9,267
GUARANTEED RATE, INC. 483 6.23% $7,209
USAA Federal Savings Bank 480 6.18% $9,148
LOANDEPOT.COM, LLC 469 6.06% $10,623
CROSSCOUNTRY MORTGAGE, LLC 398 6.62% $9,182
American Security Mortgage Corp. 371 6.16% $9,508
NEW DAY FINANCIAL, LLC 348 7.45% $12,468
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 278 6.57% $7,650
NEWREZ LLC 274 6.50% $8,741
UNION HOME MORTGAGE CORP. 267 6.60% $9,398
The Federal Savings Bank 258 6.38% $17,033
CORNERSTONE HOME LENDING, INC. 248 6.26% $8,406
JET HOMELOANS, LLC 241 6.06% $8,983
GUILD MORTGAGE COMPANY 214 6.59% $7,439
MORTGAGE SOLUTIONS OF COLORADO, LLC 189 7.41% $5,463
Mr. Cooper ( Nationstar Mortgage ) 172 5.93% $14,830
NVR Mortgage Finance, Inc. 163 5.57% $7,908
VILLAGE CAPITAL MORTGAGE 163 6.13% $10,698
INTERCOASTAL MORTGAGE COMPANY 163 6.42% $8,638
GoPrime Mortgage, Inc. 160 6.14% $9,875
PENTAGON FEDERAL CREDIT UNION 154 5.75% $8,815
NFM, INC. 153 6.39% $10,749
Wells Fargo Bank 152 5.76% $7,046
CMG MORTGAGE, INC. 150 6.22% $9,790
CARDINAL FINANCIAL 137 6.68% $14,143
BROKER SOLUTIONS, INC. 124 6.52% $11,248
Prosperity Home Mortgage, LLC 122 6.09% $11,783
Truist 118 5.96% $8,016
SOUTHERN TRUST MORTGAGE, LLC 113 6.44% $11,511
PLAZA HOME MORTGAGE, INC. 112 6.31% $8,419
Alcova Mortgage LLC 111 6.54% $8,371
ACADEMY MORTGAGE CORPORATION 111 6.45% $10,700
MUTUAL OF OMAHA MORTGAGE, INC. 103 6.24% $10,005
AMERISAVE MORTGAGE CORPORATION 97 5.78% $15,851
Barrington Bank & Trust Company, N.A. 96 6.50% $8,983
EAGLE HOME MORTGAGE, LLC 91 5.96% $5,742
Towne Bank 84 6.23% $11,747
Mid-Continent Funding, Inc. 83 6.47% $10,222
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 74 6.65% $9,826
Integrity Home Mortgage Corp 73 6.61% $7,477
Plains Commerce Bank 72 6.06% $10,136
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 71 6.51% $9,171
HOMESIDE FINANCIAL, LLC 70 6.68% $8,939
SeaTrust Mortgage Company 69 6.59% $8,389
NBKC BANK 69 5.90% $7,228
RELIANCE FIRST CAPITAL, LLC 62 6.52% $11,812
HOMESPIRE MORTGAGE CORPORATION 61 6.63% $6,695
PRIMELENDING, A PLAINSCAPITAL COMPANY 61 6.42% $7,507
MATTAMY HOME FUNDING, LLC 60 5.76% $8,100
INSPIRE HOME LOANS INC. 60 5.98% $6,631
Flagstar Bank, FSB 53 6.39% $9,216
Equity Prime Mortgage LLC 52 6.92% $8,627
Ameris Bank 49 6.35% $8,295
VANDERBILT MORTGAGE AND FINANCE, INC. 49 6.08% $5,083
Atlantic Coast Mortgage, LLC 49 6.26% $9,205
FBC MORTGAGE, LLC 47 5.77% $5,945
PULTE MORTGAGE LLC 45 5.67% $5,458
Armed Forces Bank 44 5.98% $10,260
Magnolia Bank 44 6.25% $17,652
HOMEBRIDGE FINANCIAL SERVICES, INC. 43 6.35% $9,092
LOANPAL, LLC 42 6.03% $13,520
Northpointe Bank 42 6.59% $8,433
SECURITYNATIONAL MORTGAGE COMPANY 39 6.23% $11,115
Nations Lending Corporation 38 6.63% $8,361
HOWARD HANNA FINANCIAL SERVICES, INC. 37 6.58% $7,554
Encompass Lending Group, LP 37 6.28% $12,701
Paramount Residential Mortgage Group, Inc. 36 6.42% $8,589
Sierra Pacific Mortgage Company, Inc. 36 6.14% $10,312
LAKEVIEW LOAN SERVICING, LLC 35 5.93% $12,128
VELOCIO MORTGAGE L.L.C. 34 5.91% $9,585
PLANET HOME LENDING, LLC 33 6.22% $7,927
EQUITY RESOURCES, INC. 33 6.44% $7,885
First Heritage Mortgage, LLC 32 6.25% $11,569
HOMESTAR FINANCIAL CORPORATION 32 6.54% $6,873
Blue Ridge Bank 32 6.69% $8,477
Towne Mortgage of the Carolinas, LLC 31 6.33% $10,006
First Federal Bank 30 6.24% $8,557
MICHIGAN MUTUAL, INC. 30 5.95% $8,870
SUN WEST MORTGAGE COMPANY, INC. 30 6.53% $8,349
AMERICAN FINANCIAL NETWORK, INC. 30 6.45% $10,688
ZILLOW HOME LOANS, LLC 29 6.38% $9,273
CONTOUR MORTGAGE CORPORATION 28 6.31% $12,482
The Central Trust Bank 28 6.11% $10,157
VERITAS FUNDING, LLC 27 6.61% $17,314
North State Bank 27 5.98% $7,651
ARK-LA-TEX FINANCIAL SERVICES, LLC. 27 6.59% $10,273
T2 FINANCIAL LLC 27 6.75% $8,056
TIDEWATER MORTGAGE SERVICES, INC. 27 6.47% $12,337
MILEND, INC. 26 6.98% $15,599
GUARANTEED RATE AFFINITY, LLC 25 6.37% $6,735
Renasant Bank 24 6.20% $7,795
U.S. Bank 24 6.27% $9,049
FIRST HOME MORTGAGE CORPORATION 22 6.72% $8,785
CALIBER HOME LOANS, INC. 22 6.14% $8,990
AMERICAN PACIFIC MORTGAGE CORPORATION 21 6.55% $10,212
BNC National Bank 20 5.52% $10,558
SUCCESS MORTGAGE PARTNERS, INC. 20 6.51% $11,893
Corporate Investors Mortgage Group, Inc. 20 6.56% $10,792
EMM LOANS LLC 19 5.98% $17,248
First-Citizens Bank & Trust Company 19 6.32% $7,161
KBHS HOME LOANS, LLC 19 5.80% $12,498
CHURCHILL MORTGAGE CORPORATION 18 6.44% $12,299
CBM Mortgage, Inc. 18 6.36% $10,759
CITY FIRST MORTGAGE SERVICES, L.L.C. 16 6.53% $7,069
Citizens Bank 16 6.24% $6,920
PRIMARY RESIDENTIAL MORTGAGE, INC. 16 6.60% $10,942
United Community Bank 16 6.23% $9,932
South Pacific Financial Corporation 16 5.79% $7,668
TOWNE MORTGAGE COMPANY 16 6.37% $8,962
DAS Acquisition Company, LLC 15 6.65% $8,264
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 14 6.63% $7,706
Keystone Funding, Inc. 14 5.85% $12,199
SOVEREIGN LENDING GROUP INCORPORATED 13 5.92% $14,187
Gateway First Bank 13 6.47% $7,732
Century Mortgage Company DBA Century Lending Company 13 5.64% $12,833
AMERICAN FINANCIAL RESOURCES, INC. 13 6.74% $7,413
GSF Mortgage Corporation 13 6.13% $9,394
M/I FINANCIAL, LLC 13 5.84% $16,500
LADERA LENDING, INC. 13 6.69% $16,561
RESOURCE FINANCIAL SERVICES, INC. 12 6.32% $8,498
FIRST EQUITY MORTGAGE INCORPORATED 12 5.88% $11,788
MORTGAGEONE, INC. 12 7.16% $6,571
Capital Bank 12 6.05% $8,268
Lakeview Community Capital, LLC 12 6.15% $10,321
North American Savings Bank, F.S.B. 11 5.59% $8,420
JPMorgan Chase Bank 11 6.18% $8,723
DELMAR FINANCIAL COMPANY 11 6.57% $8,257
FIRST COMMUNITY MORTGAGE, INC. 11 6.60% $10,530
AMERICAN FINANCING CORPORATION 11 6.14% $13,887
CAPITAL CENTER, L.L.C. 11 6.36% $5,681
Southern Bank and Trust Company 10 6.09% $7,122
Fifth Third Bank 10 6.43% $4,841
First Horizon Bank 10 6.11% $12,213
Advance Financial Group, LLC 10 6.14% $14,199
Pinnacle Bank 10 6.38% $10,571
Strong Home Mortgage, LLC 10 5.97% $7,187
Presidential Bank, FSB 10 6.09% $12,542
Shamrock Home Loans, Inc. 10 6.41% $6,104
Bank of England 10 6.44% $9,980
ON Q FINANCIAL, INC. 9 6.86% $5,860
PNC Bank 9 6.21% $6,112
Tidewater Home Funding, LLC 9 6.21% $6,502
RAPID MORTGAGE COMPANY 9 6.78% $18,157
American Mortgage & Equity Consultants, Inc. 9 6.68% $7,616
NTFN, INC. 9 6.22% $6,355
BAY EQUITY LLC 8 6.26% $11,229
First Bank 8 5.97% $7,247
Regions Bank 8 6.28% $5,779
United Bank 8 6.28% $5,239
First National Bank of Pennsylvania 8 6.41% $9,692
George Mason Mortgage, LLC 8 6.42% $10,025
TJC Mortgage, Inc. 8 6.20% $12,221
Carrington Mortgage Services, LLC 8 5.70% $4,216
Wyndham Capital Mortgage, Inc. 8 5.50% $11,962
NETWORK CAPITAL FUNDING CORPORATION 8 5.66% $17,593
AmeriHome Mortgage Company, LLC 7 6.57% $7,711
SOUTHEAST MORTGAGE OF GEORGIA, INC. 7 6.82% $4,856
Allen Tate Mortgage Partners, LLC 7 6.07% $6,148
1ST SIGNATURE LENDING, LLC 7 6.77% $9,198
POLARIS HOME FUNDING CORP. 7 6.68% $11,411
ACOPIA, LLC 7 6.71% $7,916
HUNT MORTGAGE CORPORATION 7 6.04% $7,551
Uwharrie Bank 7 6.16% $10,862
The Fidelity Bank 7 6.71% $8,379
Truliant Federal Credit Union 6 6.58% $5,224
CALCON MUTUAL MORTGAGE LLC 6 6.83% $15,611
NATIONWIDE MORTGAGE BANKERS, INC. 6 6.92% $13,989
PHH Mortgage Corporation 6 6.52% $7,369
CREDIT UNION MORTGAGE ASSOCIATION, INC. 6 6.15% $8,244
RADIUS FINANCIAL GROUP INC. 6 6.67% $13,196
EVERETT FINANCIAL, INC. 6 6.50% $11,223
SFMC, LP 6 7.14% $18,471
Credence Funding Corporation 6 5.73% $6,953
TOP FLITE FINANCIAL, INC. 6 6.75% $18,429
BAYSHORE MORTGAGE FUNDING, LLC 6 6.88% $11,237
Wolfe Financial, Inc 5 6.80% $5,844
NATIONS DIRECT MORTGAGE, LLC 5 6.68% $9,429
Ixonia Bank 5 6.38% $8,865
SWBC MORTGAGE CORPORATION 5 6.35% $9,528
ROYAL UNITED MORTGAGE LLC 5 6.83% $17,081
MDE Home Loans, LLC 5 6.00% $8,104
GENEVA FINANCIAL, LLC 5 6.53% $8,139
Sunflower Bank 5 6.15% $7,840
Residential Mortgage Solutions, Inc. 5 7.20% $10,945
Towne Mortgage, LLC 5 6.55% $8,615
SOUTHWEST STAGE FUNDING, LLC 5 7.15% $6,261
PREMIA MORTGAGE, LLC 5 5.55% $4,177
LEGEND LENDING CORPORATION 5 6.48% $21,216
PREMIER LENDING, INC. 5 6.83% $8,989
M&T Bank 5 6.18% $8,273
FIRST SAVINGS MORTGAGE CORPORATION 4 6.00% $7,538
AMCAP MORTGAGE, LTD. 4 6.69% $8,011
HOMESTEAD FUNDING CORP. 4 6.19% $11,774
HOMEOWNERS FINANCIAL GROUP USA, LLC 4 6.31% $9,697
CityWorth Mortgage LLC 4 6.00% $10,763
Meridian Bank Corporation 4 7.16% $11,243
MID AMERICA MORTGAGE, INC. 4 6.69% $15,397
F&M Bank 4 6.13% $10,385
First Western Trust Bank 4 5.81% $12,668
South State Bank 4 6.09% $6,081
NATIONS RELIABLE LENDING, LLC 4 6.31% $15,678
Platinum Home Mortgage Corporation 4 6.75% $3,186
RESIDENTIAL HOME FUNDING CORP. 4 5.72% $5,864
First Savings Bank 3 6.00% $19,321
EMBRACE HOME LOANS, INC. 3 6.50% $9,386
MORTGAGE FINANCIAL GROUP, INC. 3 6.79% $3,410
MORTGAGE EQUITY PARTNERS LLC 3 7.00% $9,968
RESIDENTIAL BANCORP 3 6.33% $9,506
THRIVE MORTGAGE, LLC 3 5.46% $7,942
ALLIED MORTGAGE GROUP, INC. 3 6.58% $6,867
TOTAL MORTGAGE SERVICES, LLC 3 6.88% $13,130
The Loan Store, Inc. 3 6.46% $15,047
STAUNTON FINANCIAL, INC. 3 5.96% $8,470
FIDELITY DIRECT MORTGAGE, LLC 3 7.21% $9,206
CANOPY MORTGAGE, LLC 3 6.41% $6,806
Waterstone Mortgage Corporation 3 6.83% $7,861
DIRECT MORTGAGE LOANS, LLC 3 6.29% $13,839
HARBORONE MORTGAGE, LLC 2 7.25% $10,204
DEVELOPER'S MORTGAGE COMPANY 2 6.38% $14,267
EUSTIS AND AMERICAN MORTGAGE COMPANY 2 6.13% $6,322
Core Bank 2 5.94% $6,811
FEDERATED MORTGAGE CORP. 2 5.94% $11,110
First Federal Bank 2 6.25% $7,778
GUARANTY HOME MORTGAGE CORPORATION 2 6.50% $9,084
CRESCENT MORTGAGE COMPANY 2 6.56% $6,516
C & F Mortgage Corporation 2 6.88% $18,157
JAMS-01, INC. 2 6.38% $16,833
KELLER MORTGAGE, LLC 2 5.75% $8,296
Leader Bank 2 7.12% $8,027
MCLEAN MORTGAGE CORPORATION 2 5.63% $4,253
MLD MORTGAGE INC. 2 6.63% $6,300
MORTGAGE ACCESS CORP. 2 5.88% $4,027
Bell Bank 2 6.38% $7,935
Network Funding, L.P. 2 5.88% $17,406
BANKSOUTH MORTGAGE COMPANY, LLC 2 6.06% $15,213
NEW FED MORTGAGE, CORP. 2 6.00% $16,449
NJ LENDERS CORP. 2 5.56% $12,066
Bank of America 2 6.56% $4,468
NP, Inc. 2 6.69% $7,546
OCMBC, INC. 2 6.88% $4,121
Old National Bank 2 5.56% $7,174
OPEN MORTGAGE, LLC 2 7.50% $3,945
Paramount Bank 2 7.31% $4,425
Atlantic Union Bank 2 6.19% $6,048
American National Bank and Trust Company 2 5.50% $11,531
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 6.50% $5,043
SIRVA MORTGAGE, INC. 2 6.81% $1,259
TBI MORTGAGE COMPANY 2 5.63% $14,355
TD Bank 2 6.63% $7,362
UNITED NORTHERN MORTGAGE BANKERS LIMITED 2 6.38% $11,395
Victorian Finance, LLC 2 6.44% $7,423
ABSOLUTE HOME MORTGAGE CORPORATION 2 7.25% $8,775
ONY GLO, INC. 1 6.99% $7,262
RUOFF MORTGAGE COMPANY, INC. 1 6.00% $3,412
S1L, Inc. 1 6.13% $19,764
Sandy Spring Bank 1 7.25% $3,164
Oakstar Bank 1 7.13% $8,242
Bank Five Nine 1 6.38% $15,324
Servion, Inc. 1 5.63% $24,260
NexBank 1 5.63% $10,157
Bank of Springfield 1 6.13% $7,571
Shea Mortgage Inc. 1 6.50% $2,374
BAY CAPITAL MORTGAGE CORPORATION 1 5.63% $12,821
Watermark Capital, Inc. 1 5.13% $11,922
NATION ONE MORTGAGE CORPORATION 1 6.75% $14,727
MY MORTGAGE, INC. 1 6.63% $13,628
American Bank of Oklahoma 1 6.13% $13,229
BAY-VALLEY MORTGAGE GROUP 1 6.63% $4,667
SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.75% $10,372
BM Real Estate Services, Inc. 1 7.75% $53
MORTGAGE INVESTORS GROUP, INC. 1 6.99% $6,075
MORIA DEVELOPMENT, INC. 1 6.75% $18,583
MIDLAND MORTGAGE CORPORATION 1 6.75% $12,941
Stifel Bank and Trust 1 6.50% $14,729
STOCKTON MORTGAGE CORPORATION 1 7.75% $9,112
LOANLEADERS OF AMERICA, INC. 1 5.25% $12,800
LEADERONE FINANCIAL CORPORATION 1 6.63% $6,897
SUMMIT FUNDING, INC. 1 6.75% $17,094
LANGLEY 1 6.25% $867
LAND HOME FINANCIAL SERVICES, INC. 1 5.63% $10,157
JMJ FINANCIAL GROUP 1 6.25% $20,352
INTERLINC MORTGAGE SERVICES, LLC 1 6.75% $13,936
Exchange Bank 1 5.63% $2,910
DRAPER AND KRAMER MORTGAGE CORP. 1 6.63% $18,675
INTERCAP LENDING INC. 1 6.38% $15,111
Chickasaw Community Bank 1 7.75% $13,134
Hometown Equity Mortgage, LLC 1 5.75% $16,920
The Freedom Bank of Virginia 1 5.75% $3,759
City Bank 1 5.50% $25,400
THE MORTGAGE LINK, INC. 1 5.25% $17,794
The Park National Bank 1 6.63% $4,851
HALLMARK HOME MORTGAGE, LLC 1 7.25% $19,998
Gulf Coast Bank and Trust Company 1 7.13% $4,282
City National Bank of Florida 1 5.75% $5,667
Civista Bank 1 6.63% $14,934
Goldwater Bank, N.A. 1 7.50% $12,400
Fulton Bank 1 6.25% $10,317
COMMUNITYAMERICA 1 6.63% $11,454
Florida Capital Bank 1 6.75% $5,316
Community First National Bank 1 7.13% $4,367
First Reliance Bank 1 6.50% $19,715
First Palmetto Bank 1 5.63% $5,207
First National Bank Texas 1 5.63% $14,880
ALAMEDA MORTGAGE CORPORATION 1 6.25% $6,672
Union Savings Bank 1 6.25% $0
First National Bank of Omaha 1 6.63% $3,092
First Internet Bank of Indiana 1 5.49% $3,461
United Fidelity Funding Corp. 1 6.38% $10,990
Evolve Bank & Trust 1 5.75% $17,680
Advisors Mortgage Group, L.L.C. 1 4.88% $221
First Federal Bank of the Midwest 1 5.88% $8,505
FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.75% $13,791
US MORTGAGE CORPORATION 1 5.75% $19,254
Fidelity Bank 1 5.75% $12,258
Farmers Bank & Trust 1 4.75% $11,620
VAN DYK MORTGAGE CORPORATION 1 6.88% $16,478
FAIR WAY LENDING LLC 1 5.75% $11,218
Extraco Banks 1 7.38% $13,368
Cornerstone First Mortgage, Inc 1 5.50% $14,915
Academy Bank 1 5.25% $2,938
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.63% $16,499
AmRes Corporation 1 5.63% $5,444
ASSEMBLIES OF GOD Credit Union 1 5.25% $10,475
AXIA FINANCIAL, LLC 1 6.25% $10,219
V.I.P. MORTGAGE, INC. 1 6.99% $1,673
PANORAMA MORTGAGE GROUP, LLC 1 5.88% $4,398
ROSS MORTGAGE CORPORATION 1 7.13% $4,317

The top North Carolina VA lender as defined by loan originations is Mortgage Research Center, LLC, with 3,573 VA loans originated. Their average total fees are $7,177, which is $726 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

The lowest fee North Carolina VA lenders (with over 10 loans originated) are Fifth Third Bank ($4,841), VANDERBILT MORTGAGE AND FINANCE, INC. ($5,083), PULTE MORTGAGE LLC ($5,458), MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,463) and CAPITAL CENTER, L.L.C. ($5,681).

The lowest rate North Carolina VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.38%), BNC National Bank (5.52%), NVR Mortgage Finance, Inc. (5.57%), North American Savings Bank, F.S.B. (5.59%) and PENNYMAC LOAN SERVICES, LLC (5.64%).

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.