Battle Creek VA Loan Rates, Closing Costs & Stats

BATTLE CREEK, MI

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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.

    Battle Creek's 45 lenders originated 203 VA loans during 2024. The total origination value was $49,235,000, with an average VA loan value of $242,537.

    Battle Creek VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Battle Creek averaged 0.5% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Battle Creek's average VA mortgage closing costs are $4,556.

    The average rate for the prior week (2025-06-13) was 7.05% and one month ago for the week of 2025-05-16, the average rate was 7.11%.

    The average rate one year ago was 7.2%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.04%.

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

    Battle Creek 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 Battle Creek level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 49 6.52% $3,925
    UNITED WHOLESALE MORTGAGE, LLC 24 6.00% $4,717
    QUICKEN LOANS, LLC 15 6.11% $9,570
    UNION HOME MORTGAGE CORP. 12 6.80% $5,806
    USAA Federal Savings Bank 8 6.63% $4,998
    PENNYMAC LOAN SERVICES, LLC 8 6.02% $4,714
    FREEDOM MORTGAGE CORPORATION 8 6.11% $7,576
    NEW DAY FINANCIAL, LLC 6 7.54% $10,102
    Mr. Cooper ( Nationstar Mortgage ) 5 6.68% $9,642
    NAVY FEDERAL CREDIT UNION 5 5.90% $3,519
    Plains Commerce Bank 5 6.55% $7,553
    SUCCESS MORTGAGE PARTNERS, INC. 3 6.75% $8,558
    Flagstar Bank, FSB 3 6.00% $5,326
    VILLAGE CAPITAL MORTGAGE 3 5.92% $1,800
    CONTOUR MORTGAGE CORPORATION 2 6.31% $6,126
    GUARANTEED RATE, INC. 2 6.30% $1,661
    JPMorgan Chase Bank 2 6.50% $2,892
    PLANET HOME LENDING, LLC 2 5.75% $1,905
    LAKEVIEW LOAN SERVICING, LLC 2 6.37% $5,516
    LOANDEPOT.COM, LLC 2 4.69% $1,283
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 5.94% $4,456
    The Huntington National Bank 2 6.75% $1,861
    NEWREZ LLC 2 6.44% $11,247
    TOP FLITE FINANCIAL, INC. 2 6.63% $3,808
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.81% $2,354
    Washington Trust Bank 1 6.50% $7,145
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $8,788
    BAY EQUITY LLC 1 5.75% $7,805
    CARDINAL FINANCIAL 1 6.63% $18,249
    CLEARPATH LENDING 1 6.25% $4,181
    CMG MORTGAGE, INC. 1 6.63% $2,974
    EQUITY RESOURCES, INC. 1 5.75% $9,560
    Fifth Third Bank 1 6.13% $8,280
    FIRST COLONY MORTGAGE CORPORATION 1 6.63% $10,156
    FIRST COMMUNITY MORTGAGE, INC. 1 5.88% $19,686
    GUILD MORTGAGE COMPANY 1 7.13% $12,943
    GVC MORTGAGE, INC. 1 6.25% $41
    HALLMARK HOME MORTGAGE, LLC 1 6.75% $4,986
    J. VIRGIL, INC. 1 7.13% $5,563
    MEMBER FIRST MORTGAGE, LLC 1 6.63% $6,069
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $5,448
    T2 FINANCIAL LLC 1 7.63% $11,171
    UNITED 1 6.00% $6,049
    U.S. Bank 1 6.00% $6,049
    ALLIED MORTGAGE GROUP, INC. 1 6.25% $6,476

    The top Battle Creek VA lender as defined by loan originations is Mortgage Research Center, LLC, with 49 VA loans originated. Their average total fees are $3,925, which is $792 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Battle Creek VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,925), UNITED WHOLESALE MORTGAGE, LLC ($4,717), UNION HOME MORTGAGE CORP. ($5,806), QUICKEN LOANS, LLC ($9,570) and .

    The lowest rate Battle Creek VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.00%), QUICKEN LOANS, LLC (6.11%), Mortgage Research Center, LLC (6.52%), UNION HOME MORTGAGE CORP. (6.80%) and .

    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.