Sunrise · VA against the alternatives
Sunrise VA Loans
Is VA really the best loan for you? In Sunrise we price it against conventional and FHA with live numbers, and show whether putting cash down on a VA loan pays off.
We specialize in Sunrise VA home loan programs.
Most veterans assume VA wins every comparison, and usually it does. But a borrower with excellent credit and real savings can find conventional surprisingly close, and a veteran who has a down payment saved may wonder whether to use it. Sunrise, with a median price near $405,000 and a mix of single-family homes in Welleby and Sawgrass Estates and condos and villas closer to Oakland Park Boulevard, is a good place to run those numbers honestly.
On Mortgage prices every option side by side before you choose. Explore all programs on the Sunrise mortgage rates page, or ask our Sunrise mortgage broker team to quote your exact situation.
Today’s Sunrise VA Mortgage Rate
0.224 points
No points, no credit
0.250 points
0.064 points
0.112 points
Par rate per program for a single-family primary residence in Broward County, 20% down, 780+ credit, 30-day lock, escrows included. Rates change through the day and are not a commitment to lend. Price your own Sunrise scenario, no credit pull.
Sunrise VA Loan Benefits: Flexible, Affordable Home Financing
To test VA against its strongest competition, take a borrower with a 740 score buying a $405,000 Sunrise home. Conventional pricing and PMI both improve with high credit, so this is where the gap is smallest. Live Broward quotes this morning:
| $405,000 purchase, 740 credit | Conventional, 5% down | FHA, 3.5% down | VA, 0% down |
|---|---|---|---|
| Down payment | $20,250 | $14,175 | $0 |
| Loan amount | $384,750 | $397,664 (includes 1.75% upfront MIP) | $413,708 (includes 2.15% funding fee) |
| Today’s rate | 7.000% | 6.599% | 6.500% |
| Principal and interest | $2,560/mo | $2,539/mo | $2,615/mo |
| Mortgage insurance | $170/mo PMI | $179/mo MIP | None |
| Total before taxes and insurance | $2,730/mo | $2,719/mo | $2,615/mo |
| Mortgage insurance ends | When you reach 20% equity (cancellable) | Usually lasts the life of the loan with under 10% down | Never charged; fee waived with a service-connected disability |
Owner-occupied purchase, 740 credit, quoted for Broward today. VA shown with the first-use funding fee financed. Property taxes, homeowners insurance and any association dues come on top of every column.
Even at 740, VA’s lack of mortgage insurance keeps the monthly cost lower, and it gets there with no money down. Conventional has two real arguments: the PMI eventually cancels, and there is no funding fee. If you plan to stay a long time and keep extra cash in reserve, those deserve a look. For most Sunrise buyers, they do not outweigh paying nothing at closing.
VA Loans in Sunrise for First-Time and Veteran Homebuyers
Zero down is VA’s famous feature, but it is optional. A veteran who has saved can put 5% or 10% down, and VA rewards that with a lower funding fee on top of the smaller loan. Whether that is a good use of savings depends on what the money would otherwise do. On the same $405,000 home at today’s VA rate:
| $405,000 home, first VA use | Nothing down | 5% down | 10% down |
|---|---|---|---|
| Down payment | $0 | $20,250 | $40,500 |
| Funding fee rate | 2.15% | 1.5% | 1.25% |
| Funding fee, financed | $8,708 | $5,771 | $4,556 |
| Total loan | $413,708 | $390,521 | $369,056 |
| Principal and interest | $2,615/mo | $2,468/mo | $2,333/mo |
| Monthly saving against nothing down | $147 | $282 | |
| Funding fee saved | $2,936 | $4,151 |
Priced at Broward’s 30-year VA par of 6.500% today; the rate itself is assumed the same at each down payment, since VA pricing changes little with it. Veterans exempt from the funding fee save only the interest on the smaller loan.
How to read it: the 5% column is the most efficient step, because it both shrinks the loan and drops the fee tier from 2.15% to 1.5%. Going on to 10% saves less per dollar. A first-time buyer who would be left with thin savings after closing is usually better off putting nothing down and keeping the cash for the first hurricane season, a new water heater or the gap until the first paycheck in a new job. A buyer with plenty in reserve may prefer the smaller loan.
VA Home Loans in Sunrise: Low Rates, No PMI
On Mortgage helps veterans and military families compare VA rates across lenders, whether you are buying in Welleby, Sawgrass Estates or Sunrise Golf Village, near the arena and Sawgrass Mills. Rates differ between VA lenders by more than people expect, and credits toward closing costs differ even more, so the lowest advertised rate is not always the cheapest loan.
Sellers in Sunrise were waiting roughly three months for buyers in mid-2026, which makes it reasonable to ask the seller to cover your closing costs. VA lets a seller pay all of your normal costs and add concessions on top, capped at 4% of the price, which can cover the funding fee from the table above.
2026 VA Loan Limits in Sunrise
The old version of this page said Sunrise veterans could finance up to $832,750. That figure is not a VA cap. A veteran with full entitlement can borrow more with nothing down, as long as income and residual income support the payment. The 2026 Broward conforming number becomes relevant when a previous VA loan is still outstanding, because it sets how much of the purchase VA can still guarantee:
| Entitlement already in use | Remaining guaranty | Largest loan with no down payment | Down payment on $405,000 |
|---|---|---|---|
| None (full entitlement) | Full | No VA limit | $0 |
| $70,000 | $138,188 | $552,750 | $0 |
| $130,000 | $78,188 | $312,750 | $23,063 |
| $190,000 | $18,188 | $72,750 | $83,063 |
At the Sunrise median of $405,000. When the price passes the zero-down ceiling, the down payment needed is a quarter of the difference.
VA-Approved Condos in Sunrise
Sunrise has a large share of condos, from the age-restricted Sunrise Lakes community in the west to garden complexes near University Drive and newer villas. Big complexes are often made up of many separate associations, and VA reviews each condominium project on its own, so the approval of one building tells you nothing about the one across the parking lot. We look up the exact project before you make an offer, and if it is not approved, we tell you how long an approval request is likely to take. Age-restricted communities can be approved like any other.
Compare VA Loan Rates in Sunrise
Sunrise homes sold for a median of around $405,000 in mid-2026 and spent about 91 days on the market on average. At that price a quarter point of rate is worth roughly $70 a month, which is why we compare VA lenders as carefully as we compare VA against the other programs.
Why Veterans Choose On Mortgage for VA Loans in Sunrise
Straight answers, real comparisons and a smooth process from eligibility to closing.
Honest comparisons
VA priced against conventional and FHA.
Down payment strategy
Fee tiers and reserves weighed for you.
Condo checks
Each association’s VA status confirmed.
Frequently Asked Questions: VA Loans
Is a VA loan always better than conventional in Sunrise?
Usually, because VA has no mortgage insurance and needs no down payment. With top credit, a large down payment or a long stay, conventional can come close, so we price both.
Should I put money down on a VA loan?
It lowers the funding fee to 1.5% at 5% down and 1.25% at 10% down on a first use, and shrinks the payment. It only makes sense if you will still have healthy savings after closing.
Does a down payment get me a lower VA rate?
Generally not by much. VA pricing changes little with the down payment; the main savings are the smaller loan and the lower funding fee.
Can I use VA for a condo in Sunrise Lakes?
Only if that specific association is VA approved. Large complexes are often several associations, and each one is reviewed separately.
Is there a VA loan limit in Sunrise?
No limit applies with full entitlement. With partial entitlement, the 2026 Broward conforming figure of $832,750 sets how much you can borrow with nothing down.
Our Reviews
What Florida borrowers say after closing with On Mortgage. Five stars on Google (130 reviews) and Zillow (92 reviews).
“We cannot say enough amazing things about Caroline! As a first-time homebuyer, this was such a huge and exciting milestone for us, and we’re so grateful that we had her by our side throughout the entire process. Caroline was incredibly knowledgeable, patient, responsive, and supportive from beginning to end.”
“Caroline was great. Always responsive and available whenever I needed assistance or had questions. 10/10 would recommend to any veteran or anyone for that matter.”
“Highly recommend working with her! She was professional, courteous, and always on time. She is soft-spoken, extremely knowledgeable, and took the time to answer all of my questions with patience and care. She made the entire mortgage process smooth and stress-free.”
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Price your Sunrise VA loan
See VA next to conventional and FHA for your score and savings. On Mortgage will confirm eligibility, check the property and compare VA lenders. Call or start online today.