VA Mortgage Program

VA purchase loans featuring seller-paid buydowns to provide a lower interest rate for the first 12 or 24 months.

Underwriting at a glance

Minimum FICO
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Max LTV (purchase / rate-term)
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Max LTV (cash-out)
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Loan amount
-
Documentation
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States
most states

Highlights

  • Seller-paid buydown reduces rate for first 12 or 24 months
  • Borrower qualified off note rate
  • Seller concessions max 4% on VA
  • High balance options available

Want to see if you qualify?

Tell us about your scenario - we'll come back with current pricing and exact guidelines.

Program guidelines and rates can change at any time without notice. Last confirmed 5/22/2026. Not a commitment to lend.

Today's mortgage rates

Conventional

5.875%

5.906% APR

FHA

5.375%

5.405% APR

VA

5.375%

5.402% APR

Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.

Today's mortgage rates

Conventional

5.875%

5.906% APR

FHA

5.375%

5.405% APR

VA

5.375%

5.402% APR

Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.

VA Mortgage Program | Rate Direct