Bluffton VA Loan Rates, Closing Costs & Stats
Bluffton, IN
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.
Bluffton's 20 lenders originated 38 VA loans during 2024. The total origination value was $10,880,000, with an average VA loan value of $286,316.
Bluffton VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Bluffton
averaged
6.35%
for the week of 2025-04-04, compared to the national average (all VA variants) of
6.06% for the same period.
Bluffton's average VA mortgage closing costs are $4,454.
The average rate for the prior week (2025-03-28) was
6.47% and
one month ago for the week of 2025-02-28, the
average rate was 6.75%.
The average rate one year ago was 6.96%.
For refis of the same type during the week of 2025-04-04, the average rate
was 5.86%.
Bluffton 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 Bluffton level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| Mortgage Research Center, LLC | 7 | 5.99% | $3,832 |
| RUOFF MORTGAGE COMPANY, INC. | 6 | 6.48% | $3,224 |
| STOCKTON MORTGAGE CORPORATION | 3 | 6.54% | $5,348 |
| USAA Federal Savings Bank | 2 | 6.13% | $3,239 |
| DHI MORTGAGE COMPANY, LTD. | 2 | 5.25% | $6,158 |
| Mr. Cooper ( Nationstar Mortgage ) | 2 | 6.50% | $9,355 |
| Nations Lending Corporation | 2 | 5.81% | $6,513 |
| QUICKEN LOANS, LLC | 2 | 6.06% | $5,311 |
| First Federal Bank | 1 | 5.75% | $7,865 |
| The Federal Savings Bank | 1 | 5.75% | $11,170 |
| UNION HOME MORTGAGE CORP. | 1 | 7.75% | $5,203 |
| NAVY FEDERAL CREDIT UNION | 1 | 6.00% | $1,504 |
| NEW DAY FINANCIAL, LLC | 1 | 7.13% | $13,613 |
| PENNYMAC LOAN SERVICES, LLC | 1 | 5.49% | $19,088 |
| Arvest Bank | 1 | 5.75% | $393 |
| Carrington Mortgage Services, LLC | 1 | 6.63% | $7,246 |
| Barrington Bank & Trust Company, N.A. | 1 | 6.75% | $12,061 |
| GENEVA FINANCIAL, LLC | 1 | 6.25% | $3,283 |
| GVC MORTGAGE, INC. | 1 | 5.75% | $5,847 |
| Mid-Continent Funding, Inc. | 1 | 5.88% | $10,593 |
The top Bluffton VA lender as defined by loan originations is Mortgage Research Center, LLC, with
7 VA loans originated. Their average total fees are
$3,832, which is $608
higher than the next largest lender,
RUOFF MORTGAGE COMPANY, INC..
The lowest fee Bluffton VA lenders (with over 10 loans originated) are
.
The lowest rate Bluffton VA lenders (with over 10 loans originated) are
.