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Updated almost 9 years ago, 02/10/2016

User Stats

43
Posts
15
Votes
Richard Cook
  • Investor
  • Wichita Falls, TX
15
Votes |
43
Posts

VA Loan: Worth Shopping Around?

Richard Cook
  • Investor
  • Wichita Falls, TX
Posted

So, we're active duty military and looking at using our VA loan at our next station, Sheppard AFB in Texas. Been looking around at rates and I'm getting rates between 3.6-4% It seems that there are a lot of fees that are fairly standard (I know the VA funding fee is fixed and other costs seem to be similar between a few loan estimates I've received).

Aside from interest rates, is it really worth shopping around different lenders and will I save that much? Is the main difference a few hundred dollars in various closing costs or will rates vary significantly between lenders? If costs are fairly standard, probably best to go with the highest quality lender. Anyone have any recommendations?

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