Where to Get VA Loans

The American political climate has become more volatile than we’ve seen for quite some time. Various branches of government are going through serious changes, and some services may end. One thing that will not change quickly is the land. Uncertain times can provide some of the best opportunities to purchase your own home, which can bring a calm sense of self-confidence no matter what is going on around you.

Veteran Homecoming

Learning About VA Loans

Whether or not you are a veteran, interest rates on home loans are excellent right now. The VA loan program for veterans provides even better prospects for buying your own home. If you are looking to buy a home and are a retired or active United States serviceman, it's important to understand how VA loans work. We recommend visiting the U.S. Department of Veteran Affairs website for their home-loan program. From there, you can look at your options, learn more about the various programs, and check for your eligibility.

Finding a VA Lender

After you have finished learning all you can at the Department of Veteran Affairs, you will need to find a lender. One thing the VA web site will point out is that loans are distributed through private lenders, giving you the freedom to choose the lender you want. This is not a decision to be taken lightly.

While there is a national loan interest rate set by the Federal Reserve, the actual interest rate you will pay on you mortgage will vary from lender to lender. You’re going to be accountable for the loan for a very long time, and it will be your home. Find the best rate you can with the most reliable lender you can find.

You may prefer to search online, or you may prefer to look around your community. Local lenders can be good options, however it should be noted that they may sell your loan to a national lender anyway, so you shouldn’t set yourself on that idea.

Rite Lend for VA Loans

Based in Irvine, California, Rite Lend is a dedicated lender with an impressive array of online mortgage calculation tools. We can help you calculate your mortgage in various scenarios, including a specific area just for veterans seeking VA home loans. As we are also a lender, we can assist in getting you a VA loan with the best possible terms.