Beaumont VA Loan Rates, Closing Costs & Stats

BEAUMONT-PORT ARTHUR, TX

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.

Beaumont's 59 lenders originated 368 VA loans during 2024. The total origination value was $103,430,000, with an average VA loan value of $281,060.

Beaumont VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Beaumont averaged 0.55% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

Beaumont's average VA mortgage closing costs are $6,023.

The average rate for the prior week (2025-06-27) was 6.78% and one month ago for the week of 2025-05-30, the average rate was 6.71%.

The average rate one year ago was 6.62%.

For refis of the same type during the week of 2025-07-04, the average rate was 0.21%.

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

Beaumont 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 Beaumont level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 77 6.50% $5,098
UNITED WHOLESALE MORTGAGE, LLC 38 6.03% $5,342
DHI MORTGAGE COMPANY, LTD. 18 4.77% $6,854
FREEDOM MORTGAGE CORPORATION 16 6.45% $8,734
GUILD MORTGAGE COMPANY 15 6.56% $10,302
Flagstar Bank, FSB 12 6.57% $5,740
USAA Federal Savings Bank 11 6.32% $5,818
CROSSCOUNTRY MORTGAGE, LLC 11 6.36% $9,044
PENNYMAC LOAN SERVICES, LLC 10 5.46% $5,668
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.17% $8,474
OPEN MORTGAGE, LLC 8 6.92% $5,111
CANOPY MORTGAGE, LLC 8 6.19% $13,962
NAVY FEDERAL CREDIT UNION 8 6.08% $6,910
QUICKEN LOANS, LLC 7 6.42% $9,997
NATIONS RELIABLE LENDING, LLC 6 6.24% $5,207
VILLAGE CAPITAL MORTGAGE 6 5.67% $4,396
EVERETT FINANCIAL, INC. 6 6.69% $9,450
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 6.27% $5,155
PLANET HOME LENDING, LLC 5 5.55% $4,190
FBC MORTGAGE, LLC 5 6.27% $10,337
DSLD MORTGAGE, LLC 5 6.04% $4,956
American Mortgage Bank, LLC 4 6.72% $9,683
Gateway First Bank 4 5.96% $12,101
Mr. Cooper ( Nationstar Mortgage ) 3 5.83% $4,790
Carrington Mortgage Services, LLC 3 5.83% $5,731
Mid-Continent Funding, Inc. 3 6.12% $6,463
Lakeview Community Capital, LLC 2 5.50% $7,092
SOUTHWEST FUNDING, LP 2 5.86% $30
CMG MORTGAGE, INC. 2 6.56% $10,187
SUN WEST MORTGAGE COMPANY, INC. 2 5.88% $4,144
PREMIA MORTGAGE, LLC 2 5.25% $10,217
City Bank 2 5.88% $9,152
Equity Prime Mortgage LLC 2 6.81% $6,030
Paramount Residential Mortgage Group, Inc. 2 6.37% $5,557
NEWREZ LLC 2 6.50% $9,118
First Federal Bank 1 6.13% $22,463
FIDELITY BANK 1 6.75% $17,750
DIRECT MORTGAGE LOANS, LLC 1 6.00% $8,947
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.99% $22,037
DAS Acquisition Company, LLC 1 6.88% $8,273
Plains Commerce Bank 1 6.75% $7,165
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.25% $5,569
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $2,097
Prosperity Home Mortgage, LLC 1 6.12% $7,035
CLEARPATH LENDING 1 5.75% $3,005
Stifel Bank and Trust 1 6.13% $4,491
UNION HOME MORTGAGE CORP. 1 5.75% $13,378
Barrington Bank & Trust Company, N.A. 1 6.75% $4,190
AmeriHome Mortgage Company, LLC 1 5.63% $7,168
GUARANTEED RATE, INC. 1 5.75% $8,459
GUARANTEED RATE AFFINITY, LLC 1 6.13% $13,891
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 4.99% $30,444
HomePromise Corporation 1 7.00% $810
HOMESIDE FINANCIAL, LLC 1 6.63% $6,618
JPMorgan Chase Bank 1 5.75% $500
LAKEVIEW LOAN SERVICING, LLC 1 5.75% $2,893
V.I.P. MORTGAGE, INC. 1 6.99% $7,931
GMFS LLC 1 6.99% $2,066
First Financial Bank 1 5.75% $9,453

The top Beaumont VA lender as defined by loan originations is Mortgage Research Center, LLC, with 77 VA loans originated. Their average total fees are $5,098, which is $244 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Beaumont VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,098), UNITED WHOLESALE MORTGAGE, LLC ($5,342), PENNYMAC LOAN SERVICES, LLC ($5,668), Flagstar Bank, FSB ($5,740) and USAA Federal Savings Bank ($5,818).

The lowest rate Beaumont VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.77%), PENNYMAC LOAN SERVICES, LLC (5.46%), UNITED WHOLESALE MORTGAGE, LLC (6.03%), USAA Federal Savings Bank (6.32%) and CROSSCOUNTRY MORTGAGE, LLC (6.36%).

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.