How is My Interest Rate Determined?

Interest rates vary by customer and consider several factors, including credit history (based on a consumer credit report), military rank, years of service, and debt-to-income ratio. As we look at the entire credit profile, we are unable to determine a specific interest rate until completion of application.

The interest rate for your military loan is based on the likelihood of an applicant to repay the loan. A helpful way to understand loan interest rates is to look at how car insurance is priced—the lower the risk, the lower the rate. 
Credit profiles are defined by a unique Military Scoring Model which takes into account the military lifestyle when making a loan decision.

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