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with a credit score of 696 and va loan approval, what should my mortgage rate be around?
Posted on October 7th, 2010 4 commentsKara C asked:
Does anyone have experience with this sort of thing. I am currently in the military. I have a credit score of 696. I am buying my first home so I am thinking of going VA. Really I am not sure yet if that is best. I want to purchase a house at 146,000. What do you think or advice you may have??
RussellPersonal Finance Credit Score, Loan Approval, Loan Mortgage, Loan Rate, Mortgage Rate, Va Loan, Va Mortgage4 responses to “with a credit score of 696 and va loan approval, what should my mortgage rate be around?”

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Unless you have a fixed-rate mortgage, the current mortgage interest rates are very important to deciding how much you should pay every monthcompanies offer different interest rates so it is a good idea to shop around for the best deal before settling on one particular lender.
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Hello,
Your rate will be around 6% with todays rate.
There is good and bad with va loans, but mostly good. The only bad with va loans is the funding fee which is around 2.5% and can be reduced if you put more money down. If you plan on putting at least 20% down then I would not use my va loan and just go regular because you will not have mortgage insurance on a normal loan with a 20% down payment. The advantages of va loans is 100% financing with no mortgage insurance, and you can borrow more then 100% with good credit like yours.Need the loan done for you go here:
Thanks
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Deboral K October 12th, 2010 at 14:36
Hi
I saw your question I have decided to help people out due to the fact that I myself has been scammed twice by fake lenders in my search for a loan but at last I got a reliable lender that gave me the loan($60,000 USD) that I was in dire need of. Hence I decided that I will refer anybody I come across to this God sent lender he is reliable and his terms are fair. You can get to him via his email address:, Please tell him that Deborah Kirk he gave out a loan to me . I have search for a legit lender until I got him and I decided to help my fellow humans with this because there are a lot of fake lenders out there and I do not want any body to fall a prey please get to him and tell him that I referred you to him.”
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creditsc0re October 15th, 2010 at 21:47
Rates change daily. Make sure you work with a lender who understands what makes rates change.
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Sanaa October 10th, 2010 at 02:20