Loan Terms | Veterans' Home Purchase Board of the State of Mississippi Skip to main content
The official website of the State of Mississippi

The VHPB has recently launched new servicing software to better serve our Veterans.  Due to this change, reporting to the VA was temporarily interrupted.  If you have received a letter from the VA stating your account is delinquent, and you have made your monthly payments, please disregard this notice.  We are working to rectify the situation and submit a report to the VA to update their records.  Thank you for your patience.

Effective July 1, 2023

Current 5-15 year rates for purchase or VHPB refinance are 5.00% 
Current 16-30 year rates for purchase or VHPB refinance are 5.50 % 

*Actual APR will be determined by VA funding fee, loan amount and term.

 Only applications with a valid property, under contract will be considered.    

  • The maximum loan limit is currently $400,000.00 
  • The interest rate is fixed for the term of the loan.
  • Interest rates are typically 1 to 2 percent below market rates.
  • Available terms are 5-, 10-, 15-, 20-, 25-, and 30-year monthly amortizations.
  • Hazard insurance and taxes are collected monthly along with payments and placed in an escrow account.

Veterans' Home Purchase Board of Mississippi

3466 Highway 80 East
P.O. Box 54411
Pearl, MS 39288-4411
​Phone: (601) 576-4800​​