Today’s VA Loan Rates for
| VA Loan Type | Interest Rate | APR | Points |
|---|---|---|---|
| 30‑Year Fixed VA (Purchase) | 6.125% | 6.474% | 1.500 pts ($4,425.00) |
| 15‑Year Fixed VA (Purchase) | 5.875% | 6.659% | 1.875 pts ($5,527.50) |
| 20‑Year Fixed VA (Purchase) | 6.125% | 6.629% | 1.500 pts ($4,425.00) |
| 30‑Year Fixed VA Jumbo (Purchase) | 6.250% | 6.589% | 1.000 pt ($7,665.51) |
| 30‑Year VA Cash‑Out Refinance | 6.625% | 6.957% | 0.625 pt ($1,843.75) |
| 30‑Year VA Cash‑Out Jumbo Refinance | 6.500% | 6.812% | 0.250 pt ($1,916.39) |
| 30‑Year Streamline (IRRRL) Refinance | 6.250% | 6.541% | 1.500 pts ($4,425.00) |
| 30‑Year Streamline (IRRRL) Jumbo Refinance | 6.750% | 6.915% | 0.250 pt ($1,916.39) |
These rates are based on a $300,000 loan amount and may vary depending on individual circumstances such as credit score, loan amount, and property location. It’s advisable to consult with a VA-approved lender to obtain personalized rate quotes.
Disclosure: Rates shown assume a primary-residence VA loan for a borrower with a 740 FICO® score, ≤ 80 % loan-to-value, and full income, asset, and property verification. Actual rate, APR, and points will differ based on credit profile, loan amount, occupancy, property type, and other underwriting factors. Rates are subject to change without notice and are not guaranteed until a written rate-lock agreement is executed. This communication is for informational purposes only, does not constitute a commitment to lend, and all loans remain subject to credit approval, program guidelines, and applicable federal lending regulations.
Daily VA Mortgage Rate Changes
VA loan mortgage rates change daily—sometimes even hourly—based on credit score, loan type, lender fees, and broader economic factors. For veterans, active-duty service members, and eligible spouses, VA loans offer below-market interest rates, no PMI, and flexible approval guidelines. Whether you’re purchasing your first home, refinancing, or accessing home equity, knowing today’s VA loan rates helps you make an informed decision.
Mortgage rates for VA home loans remain competitive despite slight fluctuations in the market. These loans continue to provide eligible veterans with an affordable path to homeownership, offering lower rates and more favorable terms compared to conventional loan options. Below are the latest rates for various VA loan types:
- 30-Year Fixed VA Purchase Loans remain below 6%, making them a cost-effective option for veterans purchasing a home.
- 15-Year Fixed VA Loans offer a slightly lower interest rate for borrowers looking to pay off their mortgage faster.
- VA Cash-Out Refinances are trending around 6.7%, allowing borrowers to tap into their home equity at competitive rates.
- Streamline Refinances (IRRRLs) continue to provide an easy path to refinance your VA loan into lower rates.
Tips for Locking in Rates:
- Monitor Daily Changes: VA loan rates can vary based on the broader market and individual lender offerings.
- Compare Lenders: Different lenders may offer varying rates and APRs, so shop around for the best deal.
- Consider Timing: Lock in a rate when the market is favorable to avoid potential increases.
For veterans and service members considering purchasing a home or refinancing their current VA loan, these rates demonstrate the continued affordability of VA-backed mortgages.
Check Today’s Rates with Our Network of VA Lenders
What Affects VA Loan Mortgage Rates in 2025?
A variety of variables can influence the interest rate offered to you, including:
Credit Score
Generally, borrowers with excellent credit (720+) can secure the lowest rates%, while borrowers with lower credit scores of at least 580 will get higher mortgage rates.
Loan Type
- VA purchase loans often come with slightly lower rates compared to certain refinance products.
- IRRRL (Streamline Refinance) rates can be among the lowest but depend on your existing VA loan’s terms.
- Cash-out refinance rates can be higher due to increased lender risk.
Loan Term
15-year loans typically offer lower rates than 30-year loans, but the monthly payment will be higher.
Market Conditions
Factors like economic growth, inflation, and Federal Reserve policies can cause daily or even hourly rate changes.
Lender Fees
- Discount points can reduce your rate but require an upfront cost.
- Origination fees and other lender fees can slightly affect your APR.
- Down Payment & Loan-to-Value (LTV)
Although VA loans often require no down payment, providing some down payment might improve the interest rate or associated fees.
Expert Tip: “Even a 0.125% lower interest rate can potentially save borrowers thousands of dollars over a 30-year term,” says Michael Burns, Mortgage Advisor at Patriot Home Lending.
VA Loan Types and Their Interest Rates in 2025
1. VA Purchase Loans
Ideal For: First-time homebuyers and repeat buyers who are eligible veterans, service members, or surviving spouses.
Key Benefits:
- Often requires no down payment.
- Competitive, below-market interest rates.
- No private mortgage insurance (PMI).
2. VA IRRRL (Streamline Refinance)
Ideal For: Current VA loan holders looking to lower their interest rate or reduce monthly payments.
Key Features:
- Minimal documentation and faster closing.
- Rates often lower than standard refinance loans.
3. VA Cash-Out Refinance
Ideal For: Borrowers who want to tap into home equity or consolidate debt at a lower interest rate.
Key Benefits:
- Access to cash for home improvements, medical bills, etc.
- Can refinance non-VA loans into a VA loan if eligible.
4. VA Jumbo Loans
Ideal For: VA Jumbo Loans are for purchases or refinances above standard county loan limits (typically above $806,500 in most areas, though this limit may vary).
Key Considerations:
- Jumbo VA loan rates can be slightly higher than standard VA loan rates.
- Higher credit score requirements may apply.
VA Loan Rate Trends: 2020–2025
Understanding past rate trends can help you see where the market might be headed. Below is a hypothetical example chart of historical VA loan rates over the last five years (annual average):
| Year | Average VA Rate (30-Year Fixed) |
|---|---|
| 2020 | 3.10% |
| 2021 | 3.25% |
| 2022 | 4.00% |
| 2023 | 5.20% |
| 2024 | 5.80% |
| 2025 | 6.45% |
VA Loan Rate Forecasts
Some industry experts predict that VA loan mortgage rates could remain relatively stable through the next quarter, though economic uncertainty may cause brief spikes or drops. Forecasting mortgage rates is highly speculative; global events, inflation, and policy decisions can rapidly shift the market.
Disclaimer: Rate forecasts are subject to change. Always focus on your personal financial situation rather than timing the market.
2025 VA Loan Limits and Entitlement Rules
As of 2025, the standard conforming loan limit for VA loans is $806,500 in most counties, but high-cost areas can exceed $1 million.
Since 2020, eligible veterans with full entitlement have no official loan limit for most primary-home purchases, but lenders may still impose certain maximums based on credit profile and local property values.
Check your county’s loan limits:
Use the VA’s Official Loan Limit Tool or contact your Regional VA Loan Center for detailed information.
How to Lock the Best VA Mortgage Rate in 2025
- Compare Offers: Gather quotes from three or more VA-approved lenders.
- Evaluate Fees & Points: Look at APR to understand total costs.
- Lock In Your Rate: Once you’ve chosen a lender, request a rate lock (usually 30–60 days). This protects you from market fluctuations.
- Close the Loan: Finalize paperwork and enjoy the benefits of your VA loan.
Check Today’s VA Rates with Multiple Lenders
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Securing a rate lock at the right time can save you thousands over the life of your mortgage. According to Sarah Thompson, Senior Loan Specialist at Veteran Lending Solutions, “A locked rate guarantees peace of mind in a market where interest rates can shift daily.”
2025 VA Loan Eligibility Criteria
To be eligible for a VA loan, applicants must satisfy the Department of Veterans Affairs’ service and eligibility requirements.
- Veterans: Veterans who have completed the required active-duty service and were discharged honorably or under conditions other than dishonorable may qualify.
- Active-duty service members: Those currently serving on active duty can apply.
- National Guard and Reserve members: Eligible if they have completed six years of service or at least 90 days of active-duty service during wartime.
- Surviving spouses: Spouses of service members who died in the line of duty or due to a service-related injury may also be eligible for VA loan benefits.
Service Time Requirements Include:
- 90 consecutive days of active duty during wartime
- 181 consecutive days of active duty during peacetime
- Six years of service in the National Guard or Reserves, or at least 90 days of active-duty service under Title 32 orders (with at least 30 consecutive days served)
VA Loan Eligibility Calculator
Frequently Asked Questions about 2025 VA Mortgage Rates
What is the current VA mortgage rate?
VA mortgage rates as of June 15, 2025, are around 6.125% for a 30-year fixed loan. Rates vary based on loan type, credit score, lender, and discount points paid.
Are VA loan rates lower than conventional?
Yes, VA loan rates are typically lower than conventional mortgage rates due to the government guarantee, which reduces lender risk and allows for more competitive interest rate offerings.
Do VA mortgage rates change daily?
Yes, VA loan rates can change daily based on market conditions, inflation, and Federal Reserve policy. It’s important to check rates regularly or lock in when rates are favorable.
Can you negotiate VA loan interest rates?
Yes, VA loan rates can be negotiated. Different lenders offer different rates and fees, so shopping around and comparing quotes can help you secure the best rate available.
Does credit score affect VA loan rates?
Yes, credit score impacts VA mortgage rates. Higher scores typically qualify for lower interest rates, while lower scores may result in higher rates or additional fees.
Are VA refinance rates different from purchase rates?
Yes, VA refinance rates can differ from purchase rates. IRRRL (Streamline) and cash-out refinance options may have slightly higher or lower rates based on the loan structure.
How are VA loan rates determined?
VA mortgage rates are determined by lenders based on market conditions, borrower creditworthiness, loan term, discount points, and the type of VA loan being issued or refinanced.
What is a good VA mortgage rate in 2025?
A good VA mortgage rate in 2025 is generally between 5.75% and 6.25% depending on loan type, term, credit score, and discount points paid at closing.
Do VA rates include PMI?
No, VA loans do not require private mortgage insurance (PMI), which helps lower monthly payments compared to conventional loans that require PMI when the down payment is under 20%.
Can I buy down my VA rate with points?
Yes, you can pay discount points to lower your VA interest rate. One point equals 1% of the loan amount and can reduce your rate depending on the lender’s pricing.
