Quote:
Originally Posted by bunk
Has anyone here used their VA Home loan?
I was looking at some housing developments. Within the price range of the houses and what I could afford to put down @ 5% interest, the mortgage would be 500 dollars less than what Im paying in rent.
|
I used mine on this house. $0 down on a 219K house, P&I w/escrow $1650. My interest rate is about 5% if I recall correctly. I did pay some $$ up front to get the rate down a little.
I may refi later this year, the rates are predicted to drop to sub 3%.