Question by Jon J: Where can I find the best mortgage rates in Virginia online?
I am looking for an online mortgage lender thats does mortgages in Virginia Beach, VA. Who has the best rates?
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Answer by S i r i
mortgage dot com
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2 Responses to “Qa Where Can I Find”
The “best rate” depends on many variables. Credit scores, amount of down payment, type of loan, ( Are you a Vet?) etc. If you are a first time home buyer, and need 100% financing, check for USDA loans. But, if you can document your income, have 700 credit scores, not lots of other debt, and sufficent income to qualify, 20% down,figure on 5.625% for a 30 year no points. But bear in mind rates change daily. Mike
I actually just got preapproved to purchase a new home with a pretty nice interest rate at http://www.virginiabeachvamortgage.com/ and they were very helpful. It is my first time purchasing a home.
They also have a page where you can check the daily rates. My rate actually ended up being lower then the rate on that page though because I qualified for an FHA loan and I am a first time home buyer. Make sure to ask about FHA rates.