VA Loans
Honoring a legacy of service to the armed forces, Ascend is proud to offer the option of a mortgage loan backed by the Department of Veterans Affairs (VA).
VA loans are specifically for veterans; current, former and discharged National Guard or Selected Reserve members; active duty servicemembers; and surviving spouses. Applicants will need to provide a Certificate of Eligibility.
If you qualify for a VA loan then there is no down payment necessary. You can finance up to 100 percent of the purchase price of your home.
Also with a VA loan, no private mortgage insurance (PMI) is required, and there’s no prepayment penalty.
Purchase or refinance the home you have always wanted with a VA loan from Ascend.
| Program | RATE | APR | POINTS |
|---|---|---|---|
| 30 Year Fixed | 6.250% | 6.401% | 0.00 |
| 15 Year Fixed | 5.750 | 6.838% | 0.00 |
| VA 30 Year Fixed Rate | 6.250% | 6.363% | 0.000 |
| FHA 30 Year Fixed Rate | 6.250% | 7.092% | 0.000 |
| 5/5 ARM 30 Year | 5.375% | 5.646% | 0.00 |
| 7/1 ARM 30 Year | 5.625% | 6.475% | 0.00 |
| 10/1 ARM 30 Year | 5.875% | 6.549% | 0.00 |
| 5/1 Vacant Land | 7.750% | 8.580% | 0.00 |
| 5/5 ARM First Time Homebuyer | 6.125% | 6.406% | 0.00 |
Rates effective September 5, 2025.
Legal Disclosures and Additional Information
The actual annual percentage rate you will receive will be based upon your credit score. You will be informed of the annual percentage rate for which you qualify before you become contractually liable for the loan account. Restrictions may apply. For complete details on all loan products, please review our loan product pages or contact us at 800-342-3086, extension 1300.
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- What is a VA Loan?
VA loans are mortgages that are guaranteed by the United States Department of Veterans Affairs (VA). To determine eligibility, please review the eligibility requirements for VA home loan programs.
- What is a VA Funding Fee?
The Department of Veteran’s Affairs (VA) charges a Funding Fee to most veterans who obtain a VA mortgage loan to help sustain the VA home loan program. The VA Funding Fee is a percentage of the principal loan amount and is due at closing. The amount of the VA Funding Fee varies depending on specifics of the transaction. The full amount can usually be financed as part of the loan amount or paid in cash.
- Who is exempt from the VA Funding Fee?
Only veterans receiving VA disability are exempt from paying the VA Funding Fee.
- What service is not eligible for a VA Loan?
You are not eligible for VA financing solely based upon Active Duty for Training in the Reserves or National Guard. Note: Guard and Reservists are eligible if they were “activated” under the authority of title 10 U.S. Code as was the case for the Iraq/Afghanistan war.
- If I were discharged years ago and want to qualify for a VA Loan, what other documents will I need?
Everyone is required to obtain a Certificate of Eligibility. If you do not have this Certificate, you will need to apply using VA Form 26-1880, and this will require a copy of DD-214 (Certificate of Release or Discharge from Active Duty) showing charter of service. Along with the Certificate of Eligibility, loan applicants will need to document their credit, savings and employment information.
- What other types of mortgage loans are available at Ascend?
If a VA loan is not right for you, Ascend offers conventional fixed-rate mortgages; adjustable rate mortgages (ARMs); a first-time homebuyer mortgage; manufactured housing loans; and equity loans. Learn more here.
Don't see the question you're looking for?
There are two ways to apply for an Ascend home loan: