BB&T RACING
Veteran’s Administration Loans
Veteran's Administration (VA) loans are available to qualified veterans, active duty, reserves and National Guard personnel. Loans are residential mortgages, allowing for the purchase or refinance of an owner-occupied home. BB&T offers a variety of payment terms for VA loans.
- Provides low or no down payment options
- Allows for limited income and credit history
- Offers fixed- and adjustable rate loans
- Overview
- Online Access
A VA loan offers the following benefits to service members looking to purchase or refinance a home:
- Low or no down payment options
- Financing of VA funding fee
- Unlimited seller contribution to buyer's closing costs
- Gift funds allowed
Recommended For
A VA loan might be right for you if you are:- A retired veteran, active duty military, National Guard or reservist buying or refinancing a home
- Would like to make a low down payment
- Are interested in 100% financing
- Lack credit history
- Have income limitations
Terms
BB&T Home Mortgage offers the following terms for VA loans:- 15 and 30 year fixed rate loans
- 3 and 5 year adjustable rate loans
Free to all BB&T mortgage clients, BB&T OnLine® provides 24/7 secure access to your mortgage account, along with your other BB&T accounts. With BB&T OnLine, your mortgage information is at your fingertips.
Complete Self-Service Tasks
- Make a payment
- Set up automatic payments
- Customize email alerts
- Update contact information
Get Loan Information at Your Convenience
- Review loan activity
- Access loan amortization schedule
- Evaluate payoff information
- Review year-end statement
Work with a Local
Mortgage Professional
New Mortgage and
Refinance Help
888-946-8730
My Mortgage
- Resume Saved Application
- Check Application Status
- Log On to Mortgage Account
-
Existing Mortgage Help
800-295-5744
Today's Mortgage Rates
| Product | Rate | APR |
|---|---|---|
| 30yr Fixed | 5.125% | 5.225% |
| 15yr Fixed | 4.500% | 4.600% |
| 7/1 ARM | 4.275% | 4.075% |
| 5/1 ARM | 4.000% | 3.060% |
