If you find a loan with a lower rate, consider other factors like early repayment penalties. (lendedu.com)
Also, you may need to pay early repayment penalty if you want to liquidate the Fixed Rate Mortgage before its maturity. (myfinancekits.com)
In fact, VA loans usually carry lower interest rates than conventional mortgages, don't require private mortgage insurance, and don't include early repayment penalties, among their other advantages. (themortgagereports.com)