VA Loans are government-backed 30-year mortgages for purchasing or refinancing a home. This special military benefit is offered only to active-duty military personnel, veterans and select borrowers meeting qualifications from the U.S. Department of Veterans Affairs.
No Private Mortgage Insurance required
VA-backing lets lender offer lower interest rates
Qualify with a lower credit score of 580 or higher or outside sources of income
Lower cost lets buyers pay more principal than interest
Travis Credit Union has been serving the military and its communities since 1951. Let’s get started on your VA loan.
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Rates subject to change. APY= Annual Percentage Yield. APR= Annual Percentage Rate.
30 day lock Purchase. Click product for rates, terms & conditions.
Rates as of 12/20/2024, 10:00 AM PT
Please note that rates and fees are subject to change without notice.
VA 30-year Fixed Purchase require a minimum credit score of 580. Based on a loan amount of $300,000, the effective interest rate as of December 20, 2024 is 6.225%, with an Annual Percentage Rate (APR) of 6.889%. Monthly payment is $1,842.28 for months 1-359 and $1,838.84 for month 360. Monthly payment disclosed is principal & interest and does not include taxes and insurance. VA loans are guaranteed by the U.S. Department of Veteran Affairs (VA) loans who require taxes and insurance to be impounded per month, and depending on eligibility may require a VA Funding Fee of 1.25% to 3.30% of the base loan amount. VA maximum mortgage loan limit based on loan limits for specified Metropolitan Statistical Area as defined by Federal Housing Finance Agency (FHFA). For owner-occupied CA primary residence properties only. Everyone who lives, works, worships or attends school in our 12-county area is eligible to join. Certain membership eligibility requirements may apply. Equal Housing Opportunity. NMLS #643926.