Question by R S: How do I find out what the current VA mortgage interest rates are? Is there a web site i can check?
I’ve just been pre approved for a VA mortgage. I’m only in the looking phase and don’t plan to close til June. How do I find out the average interest rates on VA home loans. I don’t want to find out the last minute my interest rate would be high. I heard you can find them on the VA’s website, medications advice does anyone know the exact link to find it?
Best answer:
Answer by src50
There is no one “rate.” Shop around with different lenders. The VA only insures the loan – they don’t lend.
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Question by Eric L: Are there any banks that offer second mortgages to homeowners in California, ask that are stating their income?
I am a loan officer in California looking for a bank to send a second mortgage too. I am having trouble finding a home for a second mortgage. Here is the scenario:
750 FICO
70% LTV
Stated Income
Please help me find a home for this loan…
THANKS!
Best answer:
Answer by dtemple1983
Nobody does stated loans anymore. Forge some rental contracts and get some BS bank statements.
What do you think? Answer below!
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The guy above me is wrong. We do stated loans all day long, but NOT at a 70%LTV on a second mortgage. sorry
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