Loading latest rates…

2026-09-14T00:00:00|6.968|0.023|6.274|0.035|6.725|-0.009|6.623|0.032||

Updated

VA Mortgage Rates: Today's Best Rates

Current VA loan rates updated daily. Exclusive mortgage benefit for veterans, active-duty military, and eligible spouses — zero down payment, no PMI, and competitive rates.

30-Year FHA

6.725

Daily · Optimal Blue

Today's VA Loan Rates

30-Year VA (Daily)

Optimal Blue OBMMI via FRED

Daily Change

vs. previous business day

What Is a VA Loan?

A VA loan is a mortgage benefit guaranteed by the U.S. Department of Veterans Affairs. It is available to eligible veterans, active-duty service members, National Guard and Reserve members, and certain surviving spouses.

Today's VA rate is , compared to ____ for a conventional 30-year fixed loan.

Key VA Loan Benefits

🏠

$0 Down Payment

Potential 100% financing for eligible borrowers

🛡️

No Monthly PMI

May reduce monthly cost compared with low-down conventional loans

📉

Competitive Rates

Government backing may support favorable pricing

♻️

Reusable Benefit

Use entitlement again subject to VA rules

Who Is Eligible for a VA Loan?

Eligible

Veterans meeting service and discharge requirements
Active-duty service members
Qualifying National Guard members
Qualifying Reserve members
Certain surviving spouses

Requirements

Certificate of Eligibility from the VA
Meet lender credit requirements
Sufficient income and acceptable DTI
Property must be a primary residence
Home must meet VA appraisal standards

VA Funding Fee

Instead of monthly PMI, many VA loans include a one-time funding fee. The fee varies based on transaction type, prior use, down payment, and exemption status.

Usage	0% Down	5%+ Down
First use	2.15%	1.50%
Subsequent use	3.30%	1.50%

Veterans with qualifying service-connected disabilities may be exempt from the funding fee.

VA vs. Conventional vs. FHA

VA loans may avoid monthly PMI and can offer zero-down financing for eligible borrowers. Compare the rate, funding fee, total closing costs, and long-term payment against FHA and conventional options.

How to Get the Best VA Rate

Maintain a strong credit profile, reduce outstanding debt, compare several VA-approved lenders, and review whether making a down payment improves your total cost.

VA Loan FAQ

What is today's VA mortgage rate?

Today's VA mortgage rate is 6.25% from Optimal Blue daily data. VA rates are typically 0.25-0.50% lower than conventional rates because the government guarantee reduces lender risk.

Do VA loans really require no down payment?

Yes. VA loans offer 100% financing with zero down payment required. Making a down payment can lower your VA funding fee.

Is there a VA loan limit?

For borrowers with full entitlement, there is no VA loan limit. If you have reduced entitlement from a prior VA loan, county limits based on FHFA conforming limits apply.

What is the VA funding fee?

A one-time charge (2.15% for first use with $0 down) that replaces PMI. Veterans with service-connected disabilities are fully exempt.

Can I use a VA loan more than once?

Yes. Your VA loan benefit is reusable. You can restore entitlement after selling and paying off a VA loan, or have two VA loans in certain situations.

What credit score do I need for a VA loan?

The VA doesn't set a minimum, but most lenders require 620+. Higher scores (700+) get the best rates.

Can surviving spouses get a VA loan?

Yes. Unremarried surviving spouses of veterans who died in service or from a service-connected disability are eligible and exempt from the funding fee.