Home Buying in Plano>Question Details

paul_jason_r…, Home Buyer in Plano, TX

I have a mid score of 660 and qualify for a va loan. What kind of interest rate can I expect?

Asked by paul_jason_rodriguez, Plano, TX Wed Feb 13, 2013

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12
Hi Paul,

You can expect a great low interest rate, I would like to help you find your dream home. Please call me to discuss what you are looking for in your new home. I would love to sit and visit with you to find out what is important to you in the home you are interested in buying.

Thanks,
Mario Rios, Realtor
Global Realty
214-202-8415
0 votes Thank Flag Link Sun Apr 28, 2013
If you are veteran or a military member then you are quite eligible for VA loan. The best part of the loan is that you can be approved even having the bad credit and sometimes the rate of interest is also low. Usually VA loan allows lower down payments and everything depends on the appraisal amount of the old loan you are holding and the home, for which VA loan allow the fees to be rolled into the loan amount.
http://www.kwikpayday.co.uk
0 votes Thank Flag Link Wed Feb 20, 2013
Hi Paul!

You've gotten great guidance on the lending aspect of your home purchase, but do you have a Realtor lined up to assist with your home search? If not, I'd welcome the opportunity to talk with you further about your home buying plans. You can visit my site at http://www.topagent.co for FAQs about the buying process, direct MLS access, and information about my services.

Please feel free to call me direct at 469-450-1326 or email andrea.brooks@kw.com.

I look forward to hearing from you!

Andrea Brooks
Keller Williams
0 votes Thank Flag Link Sun Feb 17, 2013
Recent changes in Federal law, especially Regulation N, make answering this question rather thorny.

The Dodd-Frank law and other changes since 2008 make the disclaimers or conditions for the advertised percentage somewhat difficult to compress into one of these answer blocks.

You would probably be better served asking a broker, bank or other professional to look at your situation to give you a customized answer that applies to you. Some websites do report the nominal interest rate that loans of various types are offered, but even those are not actually an offer to you specifically.

Here in Texas the Veterans Land Board also has rates for resident veterans, both for smaller loans directly with VLB and larger loans from other lenders but through VLB at their rates. You should investigate those loans as well. Today (2/15/13) they are advertising 3.11%.

http://www.glo.texas.gov/vlb/veterans-benefits/veteran-loans…

Disabled veterans are also offered lower rates than the regular TexVet rate by 1/2%.

Being a vet myself, I want to help you get the best you can - you deserve it.
Web Reference: http://www.SumnerRealty.com
0 votes Thank Flag Link Fri Feb 15, 2013
Hi Paul,

Interest rate should be around 3.5% just depends on the day as it changes by the hour.

You can email me at dixondfw@gmail.com if you need a VA lender. You can visit my website at http://www.findyourtexashome.com/plano for homes in the area.

Thanks

Dixon
Realtor
http://www.findyourtexashome.com
0 votes Thank Flag Link Thu Feb 14, 2013
Great, you have a good credit score. A lender will be able to look at the big picture and give you all the facts. My job is to help you find the home and neg the contract. If you need some names of lenders, give me a call.

Tricia 972 896-5986
0 votes Thank Flag Link Thu Feb 14, 2013
Paul,

I would suggest that you talk to a lender. Let me know if you need some contacts.

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
English-Indonesian-Hokkien
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net

http://www.dfwdreamhomes.net

Servicing your real estate need is my priority!
0 votes Thank Flag Link Wed Feb 13, 2013
You will have to speak with a lender, who will take a look at your complete financial picture. Your credit score is just one piece of the puzzling in coming up with a rate and the amount you qualify for.
0 votes Thank Flag Link Wed Feb 13, 2013
It is hard to quote rates because us lenders are bound by some specific rules.

I am seeing people get quoted 3.5% - 4% depending on the fee level.... Which affects APR* (fees vary with rates)



Tom Burris
Mortgage Banker
http://www.servicefirstmckinney.com/
(214) 763-4629 cell/text/nights/weekends(Really!!)
tburris@servicefirstmtg.com
Lending all across the entire Great State of Texas!!
NMLS# 335055
Search Dallas area MLS for FREE. No registration => http://www.ntreisinnovia.net/cgi-ntr/BR_login?0501134
0 votes Thank Flag Link Wed Feb 13, 2013
Hi Paul...

As my colleagues has said, your best advice will come mortgage professional. We have a relationship with Veterans United who works with Veterans. Would be glad to set you up with them, give me a call!

Sandy Setliff
http://www.sandysetliffhomes@gmail.com
0 votes Thank Flag Link Wed Feb 13, 2013
Hello Paul,

I am a Veteran like you, I retired from the Army after 24 years and also had the opportunity to use a VA-backed loan.

I work with some awesome lenders who would be more than happy to help; please call me today at 214-872-0400 or by e-mail at MBrownstead@msn.com so I can further learn about your real estate goals.



Providing Solutions Because...Your Move Matters!


Michael L. Brownstead, GRI, ABR
REALTOR®
Keller Williams Realty
1002 Raintree Cir., Ste. 100
Allen, TX 75013
E-mail: MBrownstead@msn.com
Cell: 214-872-0400
0 votes Thank Flag Link Wed Feb 13, 2013
Interest rates change daily. No professional can render an opinion till you are ready to proceed forward and lock the loan.



Contact my office today where I can show you many amazing homes work with your family specifications.

Lynn911 Dallas Realtor & Consultant
Multimillion Dollar Sales Producer
972-699-9111
http://www.lynn911.com

Follow me on Facebook
http://www.facebook.com/lynn911dallas
0 votes Thank Flag Link Wed Feb 13, 2013
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