VA loans are an incredible resource for eligible American veterans and their families. Upwell Mortgage is dedicated to helping you make the most of all that’s available to you. We’ll work hard to give you a low rate, with the local expertise you need and the personalized service you deserve.

30-Year VA

98.875
6.625
6.952
Lender Fees:
Discount Points:
0.756%
Admin Fee:
$0
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
99.5
6.750
7.041
Lender Fees:
Discount Points:
0.383%
Admin Fee:
$0
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
Rates as of:
2:05PM Pacific Time on September 29th, 2023

Why Do Lower Rates Matter?

Save Money. Enjoy more financial freedom.

1

Save big on mortgage payments

A small difference in rate may not seem like much. But over the first few years, a higher rate costs thousands more.

2

Buy more house

A lower rate can increase your buying power by up to 5%. Buy a bigger home. Get into your dream neighborhood. Wind up with more of what you want – without paying more each month.

3

Pay off credit cards

Credit card debt can soar as high as 23%. If you put the above $87.81 in monthly mortgage payment savings toward $5,000 in credit card debt at 23%, you’d pay off your credit card seven years faster. Saving you thousands in interest.*

*Assumes 10yr credit card payback terms

Why Choose a Local Lender?

Get hands-on guidance. And peace of mind.

1

On-call communication

Our local experts stay connected with you throughout the process. So you always know what’s happening – without relying on an automated system.

2

Expert guidance

Most online lenders direct you to call centers where your contact may or may not have the answers to expertly guide your decision-making. We work hard to advise you on the right rate and loan product for your unique needs, avoiding costly mistakes.

3

Reliable accuracy

Not all pre-approvals are reliable. Only when an actual human reviews your application is your pre-approval rock solid. Our pre-approvals are thoroughly vetted, assuring you and the real estate agents involved in the transaction.

VA Loan Rates

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If you think our rates are good, you should see our fine print.*

*Additional lender fees:

$1395 UW/Admin ($0 for VA loans)

$675 typical appraisal fee (varies)

$0 origination, $0 credit report, $0 processing, $0 doc prep, $0 funding, $0 wire transfer, $0 flood certification.

Always scan the fine print for origination and/or other fees.  When getting verbal quotes from lenders who don’t post rates, request they email a screenshot of their pricing to be sure it matches their verbal quote.

Some mortgage companies quote different rates based on how you were referred to them.  Some of their rates also vary by loan officer and/or by branch.   Upwell rates are consistent regardless of source.

Points are costs usually collected at closing for obtaining a specific rate and may be paid by the borrower or the home seller or may be split between them. Numbers appearing in brackets are credits – example ($2000).

APR=Annual Percentage Rate: A rate that reflects the actual annual cost of a loan and includes the loan interest rate, private mortgage insurance, points and some fees.

The APR includes the approximate cost of prepaid finance charges, including 10 days of prepaid interest, points associated with the rate displayed, and some third-party fees. It does not include other closing costs. Actual APRs for individual loans may differ. All loan applications are subject to credit and property approval. Sample payments shown include only principal and interest. Your interest rate will depend on specific characteristics of your transaction and your credit profile up to the time of closing. Adjustable Rate Mortgage (ARM) interest rates and payments are subject to change during the loan term. That change can increase or decrease your monthly payment. If your down payment or equity is less than 20%, mortgage insurance will be required, which will increase the monthly payment. Assumes no other loans or liens on subject property. Property and/or flood hazard insurance may be required. Maximum loan limits may apply. Additional rates and programs are available.

Hazard insurance is required, and flood insurance may be required if the property is located in a flood zone. Payments do not include amounts for property taxes and insurance premiums. Actual payments may be higher.

This rate sheet is not a credit decision or a commitment to lend and your rate will depend on various factors including your type of loan, credit profile, property value, occupancy, loan size, etc. Rates and product availability may also vary based on the State or region in which your financed property is located. Offer is subject to normal credit qualifications. Rates are subject to change. Consult your tax advisor regarding the deductibility of interest. Some restrictions may apply.

30-Year Fixed-Rate VA Loan:

98.875
Rate is fixed. The payment on a $625,000, 30-year fixed-rate loan at 6.625% and 100% loan-to-value (LTV) is $4,088 with 0.756 points due at closing. The Annual Percentage Rate (APR) is 6.952%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. VA loans do not require PMI. The VA loan is a benefit of military service and only offered to veterans, surviving spouses and active duty military.
99.5
Rate is fixed. The payment on a $625,000, 30-year fixed-rate loan at 6.750% and 100% loan-to-value (LTV) is $4,141 with 0.383 points due at closing. The Annual Percentage Rate (APR) is 7.041%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. VA loans do not require PMI. The VA loan is a benefit of military service and only offered to veterans, surviving spouses and active duty military.