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VA MORTGAGE LOANS

Ensuring veterans and their families have every opportunity to live in the home of their dreams.

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WHAT IS A VA MORTGAGE LOAN?

Thanks to its backing by the Federal Government, VA loans allow Wasatch Peaks Credit Union to offer affordable interest rates and flexible payment periods for veteran borrowers. Best of all, down payments may be as low as 0%, letting you secure your dream home as soon as possible.

Loan Features:

  • No down payments for qualified veterans
  • Negotiable interest rates
  • 100% financed funding fee
  • Low closing costs
  • Zero required mortgage insurances
  • Assumable mortgage options with pre-approval
  • Zero prepayment penalties
  • Financial Default Federal assistance
 

LOAN

6-Month Intro

Variable Rate

Home Equity Line of Credit 1.79% APR 4.99% APR
     

LOAN

APR* as low as

Details

30-Yr Fixed Mortgage 3.000 - 3.072%*  
15-Yr Fixed Mortgage 2.625 - 2.756%*  
10-Yr Fixed 2nd Mortgage 9.00% $15,000 Max
5-Y Fixed 1st & 2nd Mortgage 3.10% 80% LTV
7-Yr Fixed 1st & 2nd Mortgage 3.15% 80% LTV
10-Yr Fixed 1st & 2nd Mortgage 3.25% 80% LTV
15-Yr Fixed 1st Mortgage 3.35% 5 Year Call
15-Yr Fixed 2nd Mortgage 4.25% 5 Year Call
30-Yr Fixed Long Term Mortgage  3.50% 10 Year Call

VA Mortgage Loan FAQs

  • Q: What is acceptable proof of military service for Wasatch Peaks Credit Union?

    A: To apply for a VA loan, you must provide proof of military service. If you are on active duty, please supply an original statement of service signed by an authority figure that identifies yourself and your social security number. This statement should include the date of your current active duty period. Find more information about acceptable service proof in the U.S. Department of veteran affairs website.

  • Q: How do I get a certificate of eligibility?

    A: Lenders such as Wasatch Peaks Credit Union can provide you with a certificate of eligibility known as a ‘Web LGY.’ Our loan officers will use your online application to help complete a certificate at the time of submission.

  • Q: I have already had a VA loan in the past. Can I get another?

    A: VA loans are reusable in specific circumstances, and service members may have their eligibility restored under certain clauses. Please call to speak with our loan officers for help related to your situation.

 

SECURE YOUR VA MORTGAGE LOAN TODAY

You’ve sacrificed so much for us over the years, and now it’s time to return the favor. Apply online for a VA mortgage loan and secure the home of your dreams today!

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*Rates, fees, and Annual Percentage Rates (APRs) displayed are intended as mortgage market indicators only, are time-delayed, and may change without notice. The information provided assumes the purpose of the loan is to purchase a primary residence, single-family dwelling in Utah with a 20% down payment. The rate-lock period is 30 days and the assumed credit score is 740. Actual rates, fees, and APRs may vary based on these and other factors. There may be additional fees assessed by the investor that will increase the APR. NMLS#631141

Federal Housing Administration (FHA) loans require a minimum of 3.5% down payment. FHA loans are subject to an up-front mortgage insurance premium of 1.75% of the loan amount, in addition to a monthly mortgage insurance premium, depending on the loan term and loan-to-value (LTV).