The specific VA refinance rates that a borrower may be offered can vary depending on several factors, including the borrower’s credit score, debt-to-income ratio, and the current market conditions. VA refinance rates are very competitive with other types of mortgage loans, borrowers can expect to get a rate that is typically lower than conventional loans.
Borrowers who are considering a VA refinance in Washington, Oregon or Idaho should be aware that there are closing costs associated with the loan. While VA refinance generally has lower fees and closing costs than other types of loans, borrowers should factor them in when considering a VA refinance.
It’s important to know that the VA does not set the interest rates for VA loans. Interest rates are set by the individual lenders who offer VA loans. To find out your VA Refinance rate please contact our VA experts at 833-VA-Expert. (833) 823-9737 or apply today!
