Atlanta VA Loan Rates, Closing Costs & Stats

ATLANTA-SANDY SPRINGS-ALPHARETTA, GA

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    • 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.

    Atlanta's 252 lenders originated 8,328 VA loans during 2023. The total origination value was $3,159,450,000, with an average VA loan value of $379,377.

    Atlanta VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Atlanta averaged 6.16% for the week of 2024-10-25, compared to the national average (all VA variants) of 6.14% for the same period.

    Atlanta's average VA mortgage closing costs are $6,394.

    The average rate for the prior week (2024-10-18) was 6.18% and one month ago for the week of 2024-09-20, the average rate was 5.38%.

    The average rate one year ago was 7.6%.

    For refis of the same type during the week of 2024-10-25, the average rate was 6.54%.

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

    Atlanta 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 Atlanta level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 1,063 6.67% $7,122
    QUICKEN LOANS, LLC 667 6.09% $12,447
    UNITED WHOLESALE MORTGAGE, LLC 565 6.26% $9,825
    NAVY FEDERAL CREDIT UNION 335 5.82% $5,854
    FREEDOM MORTGAGE CORPORATION 267 6.60% $15,094
    LOANDEPOT.COM, LLC 247 5.95% $12,677
    BROKER SOLUTIONS, INC. 200 6.07% $11,697
    PENNYMAC LOAN SERVICES, LLC 195 5.59% $9,864
    DHI MORTGAGE COMPANY, LTD. 177 5.45% $6,130
    Ameris Bank 176 6.15% $11,363
    The Federal Savings Bank 167 6.29% $18,623
    USAA Federal Savings Bank 153 6.19% $9,619
    NEW DAY FINANCIAL, LLC 152 7.46% $15,311
    MOVEMENT MORTGAGE, LLC 117 6.47% $11,065
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 116 6.51% $10,064
    GUARANTEED RATE, INC. 108 6.18% $8,295
    EVERETT FINANCIAL, INC. 104 6.74% $14,637
    CROSSCOUNTRY MORTGAGE, LLC 102 6.56% $9,170
    Mr. Cooper ( Nationstar Mortgage ) 100 6.00% $14,834
    HOMESTAR FINANCIAL CORPORATION 87 6.44% $8,863
    Prosperity Home Mortgage, LLC 85 6.15% $9,191
    BANKSOUTH MORTGAGE COMPANY, LLC 83 6.08% $8,129
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 74 6.55% $10,457
    NEWREZ LLC 72 6.42% $11,355
    VILLAGE CAPITAL MORTGAGE 64 6.30% $10,883
    MORTGAGE SOLUTIONS OF COLORADO, LLC 62 7.57% $5,956
    VANDERBILT MORTGAGE AND FINANCE, INC. 60 6.40% $6,719
    AMERISAVE MORTGAGE CORPORATION 57 6.00% $21,981
    HOMEOWNERS FINANCIAL GROUP USA, LLC 55 6.48% $11,198
    CARDINAL FINANCIAL 53 6.47% $15,304
    HOMEBRIDGE FINANCIAL SERVICES, INC. 52 6.18% $9,257
    INSPIRE HOME LOANS INC. 51 5.96% $8,167
    CMG MORTGAGE, INC. 51 6.25% $12,625
    Equity Prime Mortgage LLC 50 6.94% $9,918
    Barrington Bank & Trust Company, N.A. 49 6.24% $11,953
    PULTE MORTGAGE LLC 48 5.81% $6,658
    Magnolia Bank 44 6.41% $15,358
    Plains Commerce Bank 44 6.04% $13,728
    PENTAGON FEDERAL CREDIT UNION 43 5.65% $7,085
    Flagstar Bank, FSB 42 6.38% $10,449
    FBC MORTGAGE, LLC 42 5.69% $6,437
    Paramount Residential Mortgage Group, Inc. 40 6.32% $11,144
    GUARANTEED RATE AFFINITY, LLC 37 6.32% $7,125
    MUTUAL OF OMAHA MORTGAGE, INC. 37 6.40% $14,731
    Synovus Bank 37 5.96% $10,161
    NFM, INC. 35 6.49% $11,286
    SECURITYNATIONAL MORTGAGE COMPANY 34 6.01% $13,413
    NBKC BANK 32 5.79% $10,218
    AMERICAN FINANCING CORPORATION 30 6.58% $13,981
    ACADEMY MORTGAGE CORPORATION 29 6.46% $13,088
    SWBC MORTGAGE CORPORATION 28 6.86% $5,851
    GUILD MORTGAGE COMPANY 28 6.31% $11,628
    First Federal Bank 28 6.15% $11,791
    Renasant Bank 27 6.15% $9,165
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 27 6.25% $9,315
    PLANET HOME LENDING, LLC 27 5.71% $8,049
    CANOPY MORTGAGE, LLC 26 6.60% $22,695
    EAGLE HOME MORTGAGE, LLC 25 5.09% $5,092
    ZILLOW HOME LOANS, LLC 25 6.41% $7,936
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 24 6.44% $11,436
    STOCKTON MORTGAGE CORPORATION 24 6.14% $10,576
    FIRST COMMUNITY MORTGAGE, INC. 24 6.53% $10,395
    MILEND, INC. 24 6.54% $14,739
    AMERICAN FINANCIAL NETWORK, INC. 23 6.82% $10,602
    AMERICAN PACIFIC MORTGAGE CORPORATION 23 6.41% $11,450
    SOUTHPOINT FINANCIAL SERVICES, INC. 22 6.47% $6,967
    Wells Fargo Bank 21 6.06% $6,324
    RELIANCE FIRST CAPITAL, LLC 20 6.27% $15,997
    ACOPIA, LLC 20 6.52% $7,650
    PRIMELENDING, A PLAINSCAPITAL COMPANY 20 6.69% $5,761
    PLAZA HOME MORTGAGE, INC. 20 6.46% $13,712
    Mid-Continent Funding, Inc. 19 6.30% $10,618
    SUCCESS MORTGAGE PARTNERS, INC. 18 6.35% $13,011
    DIRECT LENDERS, LLC 18 6.60% $6,279
    JPMorgan Chase Bank 18 6.27% $6,294
    CALCON MUTUAL MORTGAGE LLC 16 6.84% $7,238
    TJC Mortgage, Inc. 16 6.39% $16,142
    VERITAS FUNDING, LLC 16 6.39% $22,665
    Truist 14 6.00% $7,841
    NVR Mortgage Finance, Inc. 14 5.37% $7,722
    HOMESIDE FINANCIAL, LLC 14 6.66% $12,022
    Century Mortgage Company DBA Century Lending Company 14 6.29% $9,591
    Nations Lending Corporation 13 6.47% $9,891
    Presidential Bank, FSB 13 7.04% $12,172
    Lakeview Community Capital, LLC 13 6.15% $10,866
    CHURCHILL MORTGAGE CORPORATION 12 6.40% $13,638
    Capital City Home Loans, LLC 12 6.35% $16,438
    VAN DYK MORTGAGE CORPORATION 12 6.70% $8,615
    LAKEVIEW LOAN SERVICING, LLC 12 6.18% $11,289
    THRIVE MORTGAGE, LLC 11 6.39% $16,404
    First Option Mortgage, LLC 11 6.36% $11,008
    OCMBC, INC. 11 7.00% $12,199
    BNC National Bank 11 5.58% $8,630
    BAY EQUITY LLC 11 6.28% $9,534
    United Community Bank 10 6.28% $6,268
    Regions Bank 10 5.91% $8,837
    SHELTER HOME MORTGAGE, LLC 10 6.73% $9,764
    DAS Acquisition Company, LLC 10 6.98% $9,146
    NATIONS DIRECT MORTGAGE, LLC 9 6.65% $13,191
    MORTGAGEONE, INC. 9 7.06% $6,886
    CONTOUR MORTGAGE CORPORATION 9 6.06% $16,718
    SUN WEST MORTGAGE COMPANY, INC. 9 6.31% $11,939
    Bank of England 9 6.38% $12,908
    Armed Forces Bank 8 5.86% $17,219
    UNION HOME MORTGAGE CORP. 8 7.03% $8,650
    MEMBER FIRST MORTGAGE, LLC 8 7.06% $9,331
    GENEVA FINANCIAL, LLC 7 6.95% $8,758
    Alcova Mortgage LLC 7 6.66% $10,135
    First Heritage Mortgage, LLC 7 6.50% $14,847
    Goldwater Bank, N.A. 7 7.11% $10,720
    LOANPAL, LLC 6 5.92% $14,768
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 6 6.46% $5,796
    U.S. Bank 6 5.92% $8,886
    AMERICAN FINANCIAL RESOURCES, INC. 5 7.28% $5,047
    SANCTUARY HOME MORTGAGE LLC 5 6.75% $11,884
    South State Bank 5 6.33% $7,781
    SUMMIT FUNDING, INC. 5 6.50% $9,590
    TBI MORTGAGE COMPANY 5 6.30% $12,451
    TOWNE MORTGAGE COMPANY 5 6.40% $8,075
    PHH Mortgage Corporation 5 6.84% $8,455
    NATIONWIDE MORTGAGE BANKERS, INC. 5 6.78% $17,004
    FIRST CONTINENTAL MORTGAGE, LTD. 5 6.20% $13,482
    US MORTGAGE CORPORATION 5 7.20% $12,656
    RADIUS FINANCIAL GROUP INC. 4 6.94% $8,493
    CityWorth Mortgage LLC 4 6.22% $10,907
    Mortgage Assurance Inc. 4 6.09% $7,562
    CRESCENT MORTGAGE COMPANY 4 6.34% $6,398
    MID AMERICA MORTGAGE, INC. 4 6.78% $4,086
    NexBank 4 6.28% $14,611
    Assurance Financial Group, L.L.C. 4 6.87% $7,952
    Gateway First Bank 4 6.84% $8,077
    ROYAL UNITED MORTGAGE LLC 4 6.47% $21,839
    Franklin Loan Corporation 4 5.72% $20,473
    PREMIER MORTGAGE RESOURCES, L.L.C. 4 6.97% $9,521
    Carrington Mortgage Services, LLC 4 5.38% $6,445
    The Central Trust Bank 3 4.88% $12,336
    FirstBank 3 5.67% $14,605
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 6.88% $6,640
    Evolve Bank & Trust 3 6.67% $7,934
    HomePromise Corporation 3 7.71% $30,973
    Meridian Bank Corporation 3 6.33% $8,616
    Cornerstone First Mortgage, Inc 3 7.21% $11,113
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.79% $9,566
    COMMUNITY MORTGAGE CORPORATION 3 6.91% $15,036
    Wyndham Capital Mortgage, Inc. 3 6.08% $11,682
    North American Savings Bank, F.S.B. 3 5.50% $9,463
    Strong Home Mortgage, LLC 3 6.25% $7,321
    CALIBER HOME LOANS, INC. 3 5.92% $15,247
    GUARANTY MORTGAGE SERVICES, L.L.C. 3 6.75% $19,695
    BancorpSouth 3 6.38% $6,701
    First Savings Bank 3 5.58% $18,452
    EMBRACE HOME LOANS, INC. 3 6.24% $11,904
    Princeton Mortgage Corporation 2 6.69% $7,619
    ISERVE RESIDENTIAL LENDING, LLC 2 6.06% $19,163
    LENOX FINANCIAL MORTGAGE CORPORATION 2 5.31% $17,171
    First Horizon Bank 2 6.56% $10,846
    RESIDENTIAL BANCORP 2 6.37% $11,043
    Ixonia Bank 2 6.94% $7,689
    JMAC LENDING, INC. 2 6.44% $9,127
    RUOFF MORTGAGE COMPANY, INC. 2 5.94% $6,010
    George Mason Mortgage, LLC 2 6.06% $8,615
    1ST SIGNATURE LENDING, LLC 2 7.31% $9,240
    Sierra Pacific Mortgage Company, Inc. 2 6.50% $23,715
    Southern First Bank 2 6.25% $30,463
    BAYSHORE MORTGAGE FUNDING, LLC 2 7.44% $15,055
    Northpointe Bank 2 6.75% $4,590
    NORWICH COMMERCIAL GROUP, INC. 2 7.19% $15,451
    EMM LOANS LLC 2 6.25% $17,887
    Old National Bank 2 6.13% $4,524
    TOP FLITE FINANCIAL, INC. 2 7.00% $24,131
    OPEN MORTGAGE, LLC 2 6.56% $17,504
    PANORAMA MORTGAGE GROUP, LLC 2 6.63% $25,162
    MLD MORTGAGE INC. 2 7.44% $1,659
    Keystone Funding, Inc. 2 6.81% $9,751
    Hometown Equity Mortgage, LLC 2 6.00% $10,076
    PNC Bank 2 5.88% $5,486
    GMFS LLC 2 7.00% $8,023
    VICTORY MORTGAGE, L.L.C. 2 7.00% $3,715
    Waterstone Mortgage Corporation 2 6.69% $19,303
    Academy Bank 1 5.50% $46,316
    WesBanco 1 5.50% $7,576
    Wolfe Financial, Inc 1 7.75% $9,701
    HOMESPIRE MORTGAGE CORPORATION 1 7.25% $9,213
    ABSOLUTE HOME MORTGAGE CORPORATION 1 7.25% $4,022
    HOMESTEAD FUNDING CORP. 1 5.75% $9,902
    HOMEXPRESS MORTGAGE CORP. 1 7.13% $660
    GREENSTATE CREDIT UNION 1 6.13% $3,969
    LAND HOME FINANCIAL SERVICES, INC. 1 6.63% $3,218
    LEADERONE FINANCIAL CORPORATION 1 7.75% $19,956
    LIBERTY HOME MORTGAGE CORPORATION 1 5.63% $13,909
    GERSHMAN INVESTMENT CORP. 1 6.63% $0
    MICHIGAN MUTUAL, INC. 1 6.13% $6,905
    MORIA DEVELOPMENT, INC. 1 6.75% $5,344
    FLAT BRANCH MORTGAGE, INC. 1 6.75% $3,898
    First Western Trust Bank 1 5.25% $9,705
    First State Bank 1 6.00% $9,209
    First National Bank of Pennsylvania 1 6.50% $11,680
    M&T Bank 1 6.13% $19,332
    MY MORTGAGE, INC. 1 7.75% $5,954
    FIRST HOME MORTGAGE CORPORATION 1 6.50% $9,204
    First Federal Bank of Kansas City 1 6.25% $8,436
    NBH Bank 1 5.99% $5,405
    FIRST COLONY MORTGAGE CORPORATION 1 6.75% $15,975
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 7.25% $16,458
    Northwest Federal Credit Union 1 6.25% $4,335
    OCEANSIDE MORTGAGE COMPANY 1 6.00% $3,022
    ON Q FINANCIAL, INC. 1 5.99% $7,793
    Paramount Bank 1 6.75% $10,596
    DIRECT MORTGAGE LOANS, LLC 1 5.75% $14,279
    DEVELOPER'S MORTGAGE COMPANY 1 7.25% $32,213
    DELMAR FINANCIAL COMPANY 1 6.00% $6,525
    Credence Funding Corporation 1 5.25% $4,578
    POINT Mortgage 1 5.50% $10,191
    PREMIA MORTGAGE, LLC 1 6.13% $5,976
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.13% $0
    Citizens Bank 1 5.75% $11,826
    RANLIFE, INC. 1 7.99% $10,109
    Capital Bank 1 5.88% $6,788
    RESIDENTIAL HOME FUNDING CORP. 1 6.25% $14,440
    Residential Mortgage Solutions, Inc. 1 7.50% $11,527
    ROBINS FINANCIAL 1 6.13% $5,066
    SCOTT CREDIT UNION 1 6.13% $3,784
    BM Real Estate Services, Inc. 1 7.75% $11,106
    ServisFirst Bank 1 6.38% $12,330
    Bell Bank 1 6.13% $14,581
    SIRVA MORTGAGE, INC. 1 6.63% $17,348
    BELEM SERVICING LLC 1 5.13% $13,628
    South Pacific Financial Corporation 1 4.88% $3,545
    SOVEREIGN LENDING GROUP INCORPORATED 1 5.38% $19,756
    BankPlus 1 6.25% $1,759
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 7.13% $10,296
    Sunflower Bank 1 6.63% $15,084
    Aurora Financial, LLC 1 5.75% $15,953
    Atlantic Coast Mortgage, LLC 1 6.99% $3,690
    ATLANTA POSTAL 1 6.38% $8,981
    The Loan Store, Inc. 1 6.25% $19,328
    THE MORTGAGE FIRM, INC. 1 6.25% $1,449
    Arvest Bank 1 6.00% $6,552
    Towne Bank 1 6.13% $5,882
    AmeriHome Mortgage Company, LLC 1 6.50% $30,103
    UNION CAPITAL MORTGAGE CORPORATION 1 5.50% $16,165
    American Security Mortgage Corp. 1 6.25% $10,603
    United Bank 1 6.25% $11,669
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 6.75% $12,439
    UNITED SECURITY FINANCIAL CORP 1 6.88% $46,428
    American Mortgage Bank, LLC 1 7.00% $7,344
    ALLIED MORTGAGE GROUP, INC. 1 5.63% $8,480
    ALAMEDA MORTGAGE CORPORATION 1 6.25% $25,229
    Vellum Mortgage, Inc. 1 5.75% $4,508
    Advisors Mortgage Group, L.L.C. 1 7.38% $3,820
    Acre Mortgage and Financial Inc 1 6.25% $2,722
    Watermark Capital, Inc. 1 5.63% $21,335

    The top Atlanta VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,063 VA loans originated. Their average total fees are $7,122, which is $5,325 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Atlanta VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($5,092), PRIMELENDING, A PLAINSCAPITAL COMPANY ($5,761), SWBC MORTGAGE CORPORATION ($5,851), NAVY FEDERAL CREDIT UNION ($5,854) and MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,956).

    The lowest rate Atlanta VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.09%), NVR Mortgage Finance, Inc. (5.37%), DHI MORTGAGE COMPANY, LTD. (5.45%), BNC National Bank (5.58%) and PENNYMAC LOAN SERVICES, LLC (5.59%).

    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.