Austin VA Loan Rates, Closing Costs & Stats

AUSTIN-ROUND ROCK-GEORGETOWN, TX

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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.

    Austin's 182 lenders originated 3,201 VA loans during 2024. The total origination value was $1,446,935,000, with an average VA loan value of $452,026.

    Austin VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Austin averaged -0.22% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Austin's average VA mortgage closing costs are $146,548.

    The average rate for the prior week (2025-06-27) was 6.31% and one month ago for the week of 2025-05-30, the average rate was 6.44%.

    The average rate one year ago was 6.55%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.2%.

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

    Austin 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 Austin level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 295 5.78% $7,516
    Mortgage Research Center, LLC 275 6.19% $8,524
    DHI MORTGAGE COMPANY, LTD. 199 4.91% $7,328
    CMG MORTGAGE, INC. 154 5.74% $12,887
    EAGLE HOME MORTGAGE, LLC 151 4.44% $2,801
    LOANDEPOT.COM, LLC 106 5.40% $12,842
    FREEDOM MORTGAGE CORPORATION 98 5.96% $7,988
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 77 6.27% $9,243
    KBHS HOME LOANS, LLC 73 5.83% $5,315
    PENNYMAC LOAN SERVICES, LLC 68 5.48% $9,857
    VELOCIO MORTGAGE L.L.C. 68 5.04% $6,309
    NAVY FEDERAL CREDIT UNION 59 5.93% $6,871
    NEWREZ LLC 57 5.96% $10,046
    QUICKEN LOANS, LLC 56 5.93% $12,654
    USAA Federal Savings Bank 53 6.18% $9,430
    ADVISA MORTGAGE SERVICES, LTD. 49 5.57% $6,447
    PULTE MORTGAGE LLC 48 5.39% $5,759
    SFMC, LP 44 5.77% $10,572
    South Pacific Financial Corporation 41 5.27% $9,658
    CLM MORTGAGE, INC 40 5.87% $5,844
    PRIMELENDING, A PLAINSCAPITAL COMPANY 37 5.89% $7,076
    VILLAGE CAPITAL MORTGAGE 37 5.68% $7,259
    MORTGAGE SOLUTIONS OF COLORADO, LLC 36 7.20% $5,121
    HOME FINANCING UNLIMITED, INC. 32 5.48% $9,925
    MOVEMENT MORTGAGE, LLC 31 6.10% $11,890
    PLANET HOME LENDING, LLC 27 5.20% $5,978
    GUILD MORTGAGE COMPANY 25 5.97% $12,034
    CROSSCOUNTRY MORTGAGE, LLC 24 6.28% $8,418
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 24 6.23% $9,328
    INSPIRE HOME LOANS INC. 23 4.88% $5,303
    PRIORITY HOME MORTGAGE, L.P. 22 5.00% $10,003
    Network Funding, L.P. 22 6.36% $11,642
    GUARANTEED RATE, INC. 21 5.92% $6,916
    HOMESIDE FINANCIAL, LLC 19 6.31% $13,375
    LAKEVIEW LOAN SERVICING, LLC 19 5.64% $8,193
    LOANPEOPLE, LLC 18 6.16% $14,046
    PLAZA HOME MORTGAGE, INC. 16 5.86% $10,523
    INTERLINC MORTGAGE SERVICES, LLC 16 5.85% $5,815
    Century Mortgage Company DBA Century Lending Company 15 5.94% $14,801
    Equity Prime Mortgage LLC 15 6.48% $12,601
    AMERICAN PACIFIC MORTGAGE CORPORATION 15 6.32% $13,664
    BROKER SOLUTIONS, INC. 14 6.55% $14,221
    First United Bank and Trust Company 14 5.94% $16,214
    HOMEAMERICAN MORTGAGE CORPORATION 14 4.84% $4,816
    Paramount Residential Mortgage Group, Inc. 14 6.19% $12,025
    UNIVERSITY Federal Credit Union 14 6.04% $10,945
    SOUTHERN LENDING SERVICES, LTD. 12 5.70% $9,238
    EVERETT FINANCIAL, INC. 12 6.43% $12,874
    M/I FINANCIAL, LLC 12 5.24% $20,430
    CORNERSTONE HOME LENDING, INC. 11 6.24% $7,513
    Plains Commerce Bank 11 5.97% $12,640
    CRESTMARK MORTGAGE COMPANY, LTD. 10 5.75% $7,935
    AmeriHome Mortgage Company, LLC 10 6.21% $4,334
    Flagstar Bank, FSB 9 5.99% $11,039
    CANOPY MORTGAGE, LLC 9 6.08% $11,501
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 9 6.17% $9,547
    JET HOMELOANS, LLC 9 5.72% $7,313
    Lakeview Community Capital, LLC 8 5.65% $8,027
    The Loan Store, Inc. 8 6.17% $13,394
    NFM, INC. 8 5.45% $11,903
    FIRST CONTINENTAL MORTGAGE, LTD. 8 5.59% $10,963
    Waterstone Mortgage Corporation 8 6.20% $8,990
    PILGRIM MORTGAGE LLC 8 6.14% $13,654
    BAY EQUITY LLC 8 6.39% $8,114
    NBKC BANK 8 5.84% $7,952
    Golden Empire Mortgage, Inc. 7 6.62% $9,708
    Alcova Mortgage LLC 7 5.91% $7,870
    GARDNER FINANCIAL SERVICES, LTD. 7 6.07% $10,684
    GUARANTEED RATE AFFINITY, LLC 7 6.20% $12,804
    Mr. Cooper ( Nationstar Mortgage ) 7 5.34% $9,866
    PENTAGON FEDERAL CREDIT UNION 7 5.88% $7,567
    AFFORDABLE MORTGAGE ADVISORS, LLC. 6 6.35% $12,109
    FIRST EQUITY MORTGAGE INCORPORATED 6 6.00% $13,325
    First Federal Bank 6 5.77% $9,046
    V.I.P. MORTGAGE, INC. 6 6.23% $12,381
    TBI MORTGAGE COMPANY 6 6.04% $8,265
    SWBC MORTGAGE CORPORATION 6 5.82% $10,912
    Encompass Lending Group, LP 6 6.67% $11,223
    CARDINAL FINANCIAL 6 6.48% $21,888
    SECURITYNATIONAL MORTGAGE COMPANY 6 6.46% $19,086
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 5 6.30% $9,725
    First National Bank Texas 5 6.18% $5,404
    JPMorgan Chase Bank 5 5.92% $7,932
    SeaTrust Mortgage Company 5 6.55% $11,148
    MORTGAGE FINANCIAL SERVICES, LLC 5 6.65% $8,292
    Barrington Bank & Trust Company, N.A. 5 6.10% $6,211
    MUTUAL OF OMAHA MORTGAGE, INC. 5 6.50% $12,374
    TOWNE MORTGAGE COMPANY 4 6.00% $8,476
    DIRECTIONS EQUITY, LLC 4 6.31% $3,113
    The Federal Savings Bank 4 6.28% $10,392
    First Bank 4 5.97% $18,937
    Gateway First Bank 4 6.25% $7,017
    CLEARPATH LENDING 4 5.59% $7,185
    Republic State Mortgage Co. 4 6.69% $6,944
    Credence Funding Corporation 4 5.50% $10,205
    RB MORTGAGE LLC 4 6.38% $10,826
    Florida Capital Bank 4 5.97% $9,971
    CITY FIRST MORTGAGE SERVICES, L.L.C. 4 6.63% $6,264
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 6.47% $23,306
    AMERICAN FINANCIAL NETWORK, INC. 4 6.19% $12,285
    ZILLOW HOME LOANS, LLC 3 5.92% $11,448
    Wells Fargo Bank 3 6.04% $3,756
    LEADERONE FINANCIAL CORPORATION 3 6.54% $13,946
    SUN WEST MORTGAGE COMPANY, INC. 3 5.58% $14,606
    BancorpSouth 3 5.75% $13,179
    GoPrime Mortgage, Inc. 3 6.54% $17,700
    NBH Bank 3 5.79% $5,915
    BM Real Estate Services, Inc. 3 6.25% $8,804
    HOMEOWNERS FINANCIAL GROUP USA, LLC 3 6.29% $10,572
    S1L, Inc. 3 6.50% $14,837
    SUMMIT FUNDING, INC. 3 6.50% $6,321
    American Mortgage & Equity Consultants, Inc. 2 6.69% $12,837
    City Bank 2 6.13% $10,660
    Carrington Mortgage Services, LLC 2 5.75% $12,163
    LEGEND LENDING CORPORATION 2 6.69% $13,372
    MID AMERICA MORTGAGE, INC. 2 6.69% $43,696
    NATIONS RELIABLE LENDING, LLC 2 6.56% $7,367
    AXIA FINANCIAL, LLC 2 5.50% $15,342
    NORWICH COMMERCIAL GROUP, INC. 2 5.88% $4,528
    Old National Bank 2 5.50% $5,281
    Sierra Pacific Mortgage Company, Inc. 2 6.25% $17,376
    SOUTHWEST FUNDING, LP 2 6.06% $9,241
    THE MORTGAGE LINK, INC. 2 6.25% $42,362
    Truist 2 6.38% $5,751
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.50% $5,910
    Wallick & Volk, Inc. 2 5.51% $8,781
    DEVELOPER'S MORTGAGE COMPANY 2 6.06% $9,133
    NEW DAY FINANCIAL, LLC 1 6.74% $10,478
    NETWORK CAPITAL FUNDING CORPORATION 1 5.50% $3,343
    Armed Forces Bank 1 5.63% $13,279
    AMPLIFY 1 6.63% $1,238
    PNC Bank 1 6.25% $20,409
    PREMIA MORTGAGE, LLC 1 5.55% $1,750
    Presidential Bank, FSB 1 6.25% $4,387
    AMERITRUST MORTGAGE CORPORATION 1 7.88% $6,779
    Ameris Bank 1 5.25% $7,019
    Prosperity Bank 1 7.13% $4,254
    Bank of England 1 5.75% $11,088
    Nations Lending Corporation 1 6.25% $18,833
    NATIONS DIRECT MORTGAGE, LLC 1 5.63% $33,415
    MORTGAGEONE, INC. 1 6.25% $10,545
    Mid-Continent Funding, Inc. 1 4.99% $11,755
    Meridian Bank Corporation 1 6.25% $5,898
    Magnolia Bank 1 5.50% $6,654
    Security State Bank & Trust 1 7.13% $8,435
    Semper Home Loans, Inc. 1 6.25% $17,231
    SENTE MORTGAGE, INC. 1 5.99% $24,394
    CASTLE & COOKE MORTGAGE, LLC 1 6.75% $14,914
    FLAT BRANCH MORTGAGE, INC. 1 6.13% $9,823
    JMAC LENDING, INC. 1 6.25% $17,878
    AMERICAN INTERNET MORTGAGE, INC. 1 5.50% $11,322
    Extraco Banks 1 5.75% $3,660
    SOUTHWEST STAGE FUNDING, LLC 1 5.88% $8,820
    STANDARD MORTGAGE CORPORATION 1 5.88% $17,104
    Strong Home Mortgage, LLC 1 5.88% $16,350
    International Bank of Commerce 1 5.75% $18,857
    INTERCAP LENDING INC. 1 6.00% $3,560
    Integrity Home Mortgage Corp 1 5.88% $8,861
    T2 FINANCIAL LLC 1 5.75% $7,577
    HOMETRUST MORTGAGE COMPANY 1 6.25% $24,147
    The Central Trust Bank 1 5.75% $4,181
    HomePromise Corporation 1 7.13% $1,789
    The Freedom Bank of Virginia 1 5.25% $6,379
    CONTOUR MORTGAGE CORPORATION 1 5.88% $10,953
    Watermark Capital, Inc. 1 5.38% $11,142
    Cornerstone First Mortgage, Inc 1 6.50% $22,198
    TruHome Solutions, LLC 1 6.63% $6,846
    FBC MORTGAGE, LLC 1 5.13% $1,814
    DAS Acquisition Company, LLC 1 6.50% $3,350
    Guaranty Bank & Trust, N.A. 1 5.63% $6,590
    GROUP MORTGAGE, LLC 1 6.25% $13,975
    U.S. Bank 1 6.63% $18,992
    GREENSTATE CREDIT UNION 1 5.75% $18,931
    VeraBank 1 6.50% $24,159
    OCMBC, INC. 1 6.75% $19,586
    GENEVA FINANCIAL, LLC 1 6.13% $12,066
    ON Q FINANCIAL, INC. 1 6.25% $6,834
    Pacific Lending LLC 1 6.75% $27,928
    WILLOW BEND MORTGAGE COMPANY, LLC 1 6.25% $2,479
    Assurance Financial Group, L.L.C. 1 6.25% $20,564
    Northpointe Bank 1 5.13% $6,235
    PHH Mortgage Corporation 1 4.99% $4,519

    The top Austin VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 295 VA loans originated. Their average total fees are $7,516, which is $1,008 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Austin VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($2,801), AmeriHome Mortgage Company, LLC ($4,334), HOMEAMERICAN MORTGAGE CORPORATION ($4,816), MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,121) and INSPIRE HOME LOANS INC. ($5,303).

    The lowest rate Austin VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.44%), HOMEAMERICAN MORTGAGE CORPORATION (4.84%), INSPIRE HOME LOANS INC. (4.88%), DHI MORTGAGE COMPANY, LTD. (4.91%) and PRIORITY HOME MORTGAGE, L.P. (5.00%).

    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.