VA Loans are government-backed loans that offer highly competitive interest rates, and there is little to no down payment required. All VA mortgages are backed by the US Department of Veterans Affairs and are available to qualified vets. If you are actively serving in the military, a veteran, or a veteran’s spouse, you may qualify.
What is a VA Fixed Rate Mortgage?
With a VA fixed-rate mortgage, your interest rate stays the same for the loan's life (or term). The interest rate will not change.
Mortgage Knowledge Center
What is a VA Loan?
How Does a VA Loan Work?