Beaumont VA Loan Rates, Closing Costs & Stats

BEAUMONT-PORT ARTHUR, 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.

    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.