[QUOTE=DustoffVT;1598929]Can you give examples? As of 2 minutes ago PenFed is showing 4.25% for both regular and VA Loans (30yr fixed).
Here is the pricing as of 3/10/14 at 9:30 CST. Please note rates are subject to change at any time with no notice per market conditions.
This Example is based on the following Scenario:$250,000 Purchase Price with 10% Down, Active Duty - No exemption from the Funding Fee, State - Virginia, Qualifying Credit Score - 720 and a 30 Day Rate Lock
VA 30 Year Fixed
Loan Value = $250K Purchase Price - 10% Down + 1.25% VA Funding Fee = $227,812
3.75%
NO Points, NO Origination/Broker Fees, NO Lender Junk/Processing Fees
$1055.03 Principal & Interest Payment
3.897% APR
OR
VA 30 Year Fixed
Loan Value = $250K Purchase Price - 10% Down = $225,000
4.00%
NO Points, NO Origination/Broker Fees, NO Lender Junk/Processing Fees
LENDER CREDIT to pay for the 1.25% VA Funding Fee
$1074.18 Principal & Interest Payment
4.152% APR
OR
30 Year Fixed Conventional
4.375%
NO Points, NO Origination/Broker Fees, NO Lender Junk/Processing Fees
$1123.39 Principal & Interest Payment
+$82.50 Private Mortgage Insurance
Total Combined P+I + PMI Payment = $1205.89
4.735% APR
Let me know if there are any other scenarios you would like to see!