Generic 'today's rate' graphics on competitor sites are usually 2–3 days stale and never match your actual quote. Your real VA rate depends on credit score, loan size, LTV, occupancy, points, and lock period. Request a scenario-specific quote.
No-obligation VA pre-qualification review.
Enter your scenario to see live wholesale VA pricing available to Simply Approved Mortgages for Florida and Colorado primary residences. Every figure shown comes from our pricing provider for the scenario you enter — nothing is estimated.
Pricing shown is based on the scenario entered and wholesale pricing available at the time of the search. It is not a rate lock, loan approval, commitment to lend, or guarantee of terms. Rates and pricing change frequently and expire. Your actual rate, APR, payment, and costs depend on a complete application, verified credit and income, property and appraisal review, and lender underwriting approval. Binding figures appear on your Loan Estimate.
Simply Approved Mortgages LLC is not affiliated with, acting on behalf of, or endorsed by the U.S. Department of Veterans Affairs (VA) or any other government agency.
Simply Approved Mortgages LLC | NMLS #2620881 is a mortgage broker and is not a direct lender. Equal Housing Opportunity.
VA mortgage rates are typically among the lowest available because the loan is government-guaranteed, and there's no monthly mortgage insurance to add to the payment. The only VA-specific cost is the one-time funding fee, so compare full monthly payment and total cost, not headline rate alone.
Your quoted rate depends on your score and loan size — compare the full payment, which has no mortgage insurance line, not just the headline rate.
Reviewed by the licensed mortgage team at Simply Approved Mortgages · Last verified August 31, 2026 against the VA Lenders Handbook (M26-7)
Get my rate quoteSAM is the Simply Approved Mortgages AI assistant, grounded in the VA Lenders Handbook M26-7, 38 CFR Part 36 and the county loan-limit file behind this page. It answers general VA questions. A licensed mortgage loan originator reviews every scenario before any terms are confirmed.
Hi — I'm SAM with Simply Approved Mortgages. Ask a question about VA rate context, or pick one of the popular questions beside this box.
AI assistant — general VA loan education only, not financial, legal or tax advice, not a loan approval, pre-approval or commitment to lend. Simply Approved Mortgages LLC (NMLS #2620881) is an independent mortgage broker and is not the VA, HUD or any government agency, and is not endorsed by them. All loans are subject to lender underwriting, appraisal and final approval. Equal Housing Opportunity.
Published survey averages — week of August 27, 2026.
As of August 27, 2026
Source: Freddie Mac PMMS via FRED — series MORTGAGE30US (August 27, 2026)
As of August 27, 2026
Source: Freddie Mac PMMS via FRED — series MORTGAGE15US (August 27, 2026)
As of August 26, 2026
Source: Federal Reserve Bank of St. Louis (FRED) — series DGS10 (August 26, 2026)
These are not our rates and not an offer. They are national conventional survey averages published by Freddie Mac and the Federal Reserve, shown for market context only. They exclude points, fees and APR, are not VA-specific, and no rate is available to any borrower until credit, income, property and occupancy are verified. Your VA rate is quoted against your own file — request a personalized quote.
Source: Freddie Mac Primary Mortgage Market Survey and 10-Year Treasury Constant Maturity, via FRED (Federal Reserve Bank of St. Louis). Refreshed weekly.
VA pricing is risk-neutral above 680. Below 680, expect a 0.125–0.5% rate add.
Loans above the county conforming limit move into VA jumbo/high-balance pricing; very small loans (<$100k) often price worse.
$0-down VA loans price close to loans with money down; the bigger cost lever is the funding fee, which drops from 2.15% to 1.5% at 5% down and 1.25% at 10%+ down.
1-unit primary is best. 2–4 units, condos, and manufactured homes get small adders.
Each point (1% of loan) buys roughly 0.25% off your rate, depending on market.
30-day locks price best. 45- and 60-day locks add 0.125–0.25% to your rate.
Most mortgage sites display a big "today's VA rate" number meant to drive clicks. Two problems with that.
One: the number is usually a manufactured headline rate based on a 740+ FICO, 25% down (impossible on VA), 30-day lock, with 1+ discount point paid. It does not represent what real VA borrowers actually close.
Two: VA rates move 4–8 times per business day. The number you see at 10 a.m. is wrong by lunch.
What we'll do instead: a 2-minute pre-approval gets us your credit, loan size, and property type — and we'll send you a real rate sheet against your file, with APR, monthly P&I, the financed VA funding fee, and total cost over 5 and 7 years. Start a rate quote.
Start a VA pre-qualification with a licensed loan originator. Licensed in Colorado and Florida.
Hand-picked pages that answer the questions most people have after reading this one.
Related VA topics for this page — tap any question to jump straight to the answer.
The VA funding fee schedule sets the one-time cost that replaces mortgage insurance on every VA loan. Here's the current chart, who's exempt, and how it's financed.
A VA loan can finance up to a 4-unit property with $0 down, as long as you live in one unit. Rent from the other units can even help you qualify.
Veterans receiving VA disability compensation pay $0 funding fee — often the single biggest savings in the entire loan. Here's how the exemption is proven and refunded.
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