The Best VA Loan Lenders
If you’re a veteran, active-duty service member, or a surviving spouse, you may be eligible for a VA loan. It’s a great option for financing a home purchase, but you should always research the best VA loan lenders before you commit to one. Here, we’ll provide an overview of the top VA loan lenders and what to look for when choosing one.
What to Look for in a VA Loan Lender
When comparing VA lenders, there are a few key factors to consider:
Types of Loans Offered
One of the most important factors to consider is what types of loans the lender offers. Generally, VA loan lenders can offer loans for purchasing a home, refinancing a current mortgage, and making home improvements. Additionally, some VA loan lenders may specialize in certain loan types or offer additional features, such as a VA debt consolidation loan or VA home equity loan.
Interest Rates and Fees
Another key consideration when selecting a VA loan lender is the interest rate and fees they offer. VA loan lenders are required to provide competitive interest rates and fees, so it’s important to compare different lenders to ensure you’re getting the best deal possible.
The customer service provided by the VA loan lender is also an important factor to consider. You want to make sure the lender you choose is responsive to your needs, provides clear information, and is willing to answer any questions you may have throughout the loan process.
Finally, it’s important to research the reputation of the VA loan lender. Check online reviews, the Better Business Bureau rating, and other sources to ensure the lender is trustworthy and has a good track record.
The Best VA Loan Lenders
Now that you know what to look for in a VA loan lender, let’s discuss some of the best VA loan lenders. Here are our top picks:
1. Quicken Loans
Quicken Loans is one of the leading VA loan lenders. They offer competitive interest rates, low fees, and excellent customer service. Additionally, Quicken Loans has an A+ rating from the Better Business Bureau.
2. Navy Federal Credit Union
Navy Federal Credit Union is another excellent choice for VA loan lenders. They provide competitive interest rates and fees, as well as great customer service. Additionally, Navy Federal offers additional services, such as VA debt consolidation loans and VA home equity loans.
3. Veterans United Home Loans
Veterans United Home Loans is one of the largest VA loan lenders in the country. They offer competitive interest rates, low fees, and excellent customer service. Additionally, they offer additional services, such as VA debt consolidation loans and VA home equity loans.
USAA is one of the best VA loan lenders available. They offer competitive interest rates, low fees, and excellent customer service. Additionally, USAA has an A+ rating from the Better Business Bureau.
Choosing the right VA loan lender is an important decision and one that shouldn’t be taken lightly. When selecting a lender, make sure to research the types of loans offered, the interest rates and fees, the customer service, and the reputation of the lender. Additionally, the lenders mentioned above are some of the best VA loan lenders available.