VA loans

Can I Apply For A VA Home Loan On Good Friday?

March 29, 2013

Can I Apply For A VA Home Loan On Good Friday?

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Many people have Good Friday off today–there are plenty of businesses and services that are closed today–even the New York Stock Exchange is dark on Good Friday as we head into the Easter weekend.

But you might be surprised to learn that you can still do business with a financial institution today, depending on the company. Good Friday is not a federal holiday, so many lenders and related businesses that do close on federal holidays are open today.

Because there is no domestic trading on this holiday, VA mortgage loan rates may not change at all with many lenders. Those who do choose to reprice their VA mortgage loans today will issue revised rate sheets as they would any other typical day, but due to the closure of the markets for the holiday, you may discover that Thursday’s rates are the ones available today.

Of course, any VA loan applicant who wants to apply online doesn’t need to wonder whether the banks are open or not–you can fill out the forms online at any time, day or night. Once the information has been processed and reviewed a representative will get in touch with you.

 

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