Anchorage VA Loan Rates, Closing Costs & Stats

ANCHORAGE, AK

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Anchorage's 77 lenders originated 1,734 VA loans during 2024. The total origination value was $753,590,000, with an average VA loan value of $434,596.

Anchorage VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Anchorage averaged 0.34% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

Anchorage's average VA mortgage closing costs are $7,704.

The average rate for the prior week (2025-06-13) was 6.78% and one month ago for the week of 2025-05-16, the average rate was 6.64%.

The average rate one year ago was 6.44%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.48%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Anchorage VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Anchorage level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 221 6.25% $7,848
UNITED WHOLESALE MORTGAGE, LLC 130 6.07% $10,886
NEWREZ LLC 129 6.31% $12,016
RESIDENTIAL MORTGAGE, LLC 109 6.03% $10,834
Alaska USA Federal Credit Union 88 6.17% $9,014
MOVEMENT MORTGAGE, LLC 69 6.13% $11,706
FREEDOM MORTGAGE CORPORATION 66 6.00% $10,277
QUICKEN LOANS, LLC 62 6.05% $13,711
PENNYMAC LOAN SERVICES, LLC 61 5.53% $9,200
NAVY FEDERAL CREDIT UNION 45 5.86% $7,775
USAA Federal Savings Bank 42 6.26% $8,546
GUARANTEED RATE, INC. 38 6.10% $8,913
The Loan Store, Inc. 34 5.94% $11,360
ARK-LA-TEX FINANCIAL SERVICES, LLC. 31 6.34% $11,658
The Federal Savings Bank 30 6.23% $20,603
CANOPY MORTGAGE, LLC 25 6.01% $14,107
VILLAGE CAPITAL MORTGAGE 24 5.65% $7,962
North American Savings Bank, F.S.B. 23 5.76% $14,253
PRIMELENDING, A PLAINSCAPITAL COMPANY 21 6.02% $7,971
LAKEVIEW LOAN SERVICING, LLC 18 5.82% $5,925
NBKC BANK 16 5.98% $9,074
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 6.30% $14,449
LOANDEPOT.COM, LLC 13 5.59% $10,330
GUILD MORTGAGE COMPANY 11 6.11% $10,437
HOMEOWNERS FINANCIAL GROUP USA, LLC 11 6.14% $10,425
Century Mortgage Company DBA Century Lending Company 10 6.01% $7,905
Paramount Residential Mortgage Group, Inc. 10 6.35% $15,705
BROKER SOLUTIONS, INC. 10 6.09% $16,919
PLAZA HOME MORTGAGE, INC. 10 5.51% $13,712
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 8 6.31% $11,734
PRIMARY RESIDENTIAL MORTGAGE, INC. 8 5.73% $821
PLANET HOME LENDING, LLC 7 5.82% $4,269
Plains Commerce Bank 7 5.95% $12,852
Flagstar Bank, FSB 7 5.39% $10,888
CMG MORTGAGE, INC. 6 6.25% $14,409
CROSSCOUNTRY MORTGAGE, LLC 6 6.00% $5,377
First National Bank Alaska 6 6.13% $8,246
GENEVA FINANCIAL, LLC 6 6.27% $12,319
Prosperity Home Mortgage, LLC 5 5.80% $11,710
UNION HOME MORTGAGE CORP. 5 6.18% $10,179
SUN WEST MORTGAGE COMPANY, INC. 5 5.95% $8,125
Mr. Cooper ( Nationstar Mortgage ) 5 6.35% $12,354
Magnolia Bank 4 6.03% $20,536
Barrington Bank & Trust Company, N.A. 4 6.63% $10,714
MUTUAL OF OMAHA MORTGAGE, INC. 4 5.50% $10,929
NEW DAY FINANCIAL, LLC 4 7.87% $15,869
NuVision Federal Credit Union 3 5.96% $9,726
Armed Forces Bank 3 6.08% $4,906
AMERICAN FINANCING CORPORATION 3 5.92% $17,190
Wells Fargo Bank 3 5.75% $13,329
CITY FIRST MORTGAGE SERVICES, L.L.C. 3 5.67% $16,407
NP, Inc. 3 6.67% $4,788
AMERICAN FINANCIAL NETWORK, INC. 2 6.31% $20,408
CREDIT UNION 1 2 5.88% $7,673
AmeriHome Mortgage Company, LLC 2 6.38% $7,340
PREMIA MORTGAGE, LLC 2 5.31% $8,829
ENVOY MORTGAGE, LTD 2 5.94% $4,494
AMERISAVE MORTGAGE CORPORATION 2 5.75% $22,912
AMERICAN FINANCIAL RESOURCES, INC. 2 5.75% $19,510
AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.37% $18,719
ZILLOW HOME LOANS, LLC 1 6.75% $575
GoPrime Mortgage, Inc. 1 6.50% $11,296
First Federal Bank 1 6.13% $2,352
Farmers Bank & Trust 1 5.75% $11,677
Evolve Bank & Trust 1 5.75% $6,597
DIRECTORS MORTGAGE, INC. 1 6.88% $24,363
NORWICH COMMERCIAL GROUP, INC. 1 6.25% $16,138
CORNERSTONE HOME LENDING, INC. 1 5.63% $35,560
PENTAGON FEDERAL CREDIT UNION 1 5.63% $3,732
PHH Mortgage Corporation 1 5.63% $5,475
CHURCHILL MORTGAGE CORPORATION 1 6.63% $16,200
Chickasaw Community Bank 1 6.63% $20,101
BETTER MORTGAGE CORPORATION 1 6.50% $6,471
RESIDENTIAL BANCORP 1 6.13% $674
Sierra Pacific Mortgage Company, Inc. 1 6.00% $8,359
TRUE NORTH FEDERAL CREDIT UNION 1 6.38% $10,099
U.S. Bank 1 5.63% $5,086

The top Anchorage VA lender as defined by loan originations is Mortgage Research Center, LLC, with 221 VA loans originated. Their average total fees are $7,848, which is $3,038 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Anchorage VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($5,925), NAVY FEDERAL CREDIT UNION ($7,775), Mortgage Research Center, LLC ($7,848), Century Mortgage Company DBA Century Lending Company ($7,905) and VILLAGE CAPITAL MORTGAGE ($7,962).

The lowest rate Anchorage VA lenders (with over 10 loans originated) are PLAZA HOME MORTGAGE, INC. (5.51%), PENNYMAC LOAN SERVICES, LLC (5.53%), LOANDEPOT.COM, LLC (5.59%), VILLAGE CAPITAL MORTGAGE (5.65%) and North American Savings Bank, F.S.B. (5.76%).

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.