Bowling Green VA Loan Rates, Closing Costs & Stats

BOWLING GREEN, KY

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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.

    Bowling Green's 63 lenders originated 285 VA loans during 2024. The total origination value was $83,015,000, with an average VA loan value of $291,281.

    Bowling Green VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Bowling Green averaged 0.52% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Bowling Green's average VA mortgage closing costs are $5,478.

    The average rate for the prior week (2025-06-27) was 6.65% and one month ago for the week of 2025-05-30, the average rate was 6.98%.

    The average rate one year ago was 6.89%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.29%.

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

    Bowling Green 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 Bowling Green level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 57 6.29% $4,924
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 26 6.37% $7,817
    UNITED WHOLESALE MORTGAGE, LLC 20 6.01% $6,799
    QUICKEN LOANS, LLC 15 6.08% $11,145
    FREEDOM MORTGAGE CORPORATION 14 6.14% $7,664
    NAVY FEDERAL CREDIT UNION 10 5.96% $6,492
    EVANSVILLE TEACHERS 9 6.33% $8,676
    RUOFF MORTGAGE COMPANY, INC. 8 6.69% $4,949
    USAA Federal Savings Bank 8 5.88% $5,547
    ROSS MORTGAGE CORPORATION 8 6.92% $6,990
    FBC MORTGAGE, LLC 8 5.45% $7,374
    STOCKTON MORTGAGE CORPORATION 7 6.45% $8,825
    NEWREZ LLC 7 6.30% $5,194
    PENNYMAC LOAN SERVICES, LLC 6 5.90% $6,867
    VILLAGE CAPITAL MORTGAGE 5 5.95% $5,356
    NEW DAY FINANCIAL, LLC 4 6.68% $4,508
    FirstBank 3 6.25% $2,666
    LOANDEPOT.COM, LLC 3 5.13% $6,985
    BROKER SOLUTIONS, INC. 3 6.33% $13,740
    EVERETT FINANCIAL, INC. 2 6.56% $4,131
    The Federal Savings Bank 2 6.63% $17,963
    Century Mortgage Company DBA Century Lending Company 2 6.19% $5,787
    Truist 2 6.43% $5,754
    LEADERONE FINANCIAL CORPORATION 2 7.00% $3,598
    BankPlus 2 6.25% $3,094
    PLANET HOME LENDING, LLC 2 6.63% $5,509
    U.S. Bank 2 6.69% $5,308
    CLEARPATH LENDING 2 5.81% $5,151
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 8.13% $50
    SUN WEST MORTGAGE COMPANY, INC. 1 5.99% $29,480
    Texana Bank 1 6.75% $675
    Abound Federal Credit Union 1 6.13% $7,422
    UNION HOME MORTGAGE CORP. 1 5.88% $7,520
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.75% $5,255
    TOP FLITE FINANCIAL, INC. 1 6.25% $10,427
    Alcova Mortgage LLC 1 6.13% $600
    ALLIED MORTGAGE GROUP, INC. 1 6.25% $4,330
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.25% $19,072
    Carrington Mortgage Services, LLC 1 5.75% $8,808
    CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $5
    Equity Prime Mortgage LLC 1 6.13% $4,582
    FIRST COMMUNITY MORTGAGE, INC. 1 5.75% $4,795
    Flagstar Bank, FSB 1 6.13% $5,057
    German American Bank 1 6.75% $8,166
    GUARANTEED RATE, INC. 1 5.18% $0
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.50% $2,080
    JPMorgan Chase Bank 1 6.88% $3,417
    Lakeview Community Capital, LLC 1 5.99% $7,803
    Magnolia Bank 1 5.25% $16,885
    MORTGAGE INVESTORS GROUP, INC. 1 6.50% $11,325
    MOVEMENT MORTGAGE, LLC 1 6.00% $4,187
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $12,945
    NBKC BANK 1 6.25% $12,360
    Paramount Residential Mortgage Group, Inc. 1 6.25% $20,869
    PNC Bank 1 6.75% $2,175
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.50% $6,609
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $700
    Prosperity Home Mortgage, LLC 1 5.99% $15,642
    RELIANCE FIRST CAPITAL, LLC 1 6.50% $13,391
    ROYAL UNITED MORTGAGE LLC 1 6.00% $8,251
    SeaTrust Mortgage Company 1 5.75% $12,131
    Stride Bank 1 7.13% $15,526
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.63% $19,863

    The top Bowling Green VA lender as defined by loan originations is Mortgage Research Center, LLC, with 57 VA loans originated. Their average total fees are $4,924, which is $2,893 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

    The lowest fee Bowling Green VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,924), NAVY FEDERAL CREDIT UNION ($6,492), UNITED WHOLESALE MORTGAGE, LLC ($6,799), FREEDOM MORTGAGE CORPORATION ($7,664) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($7,817).

    The lowest rate Bowling Green VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.96%), UNITED WHOLESALE MORTGAGE, LLC (6.01%), QUICKEN LOANS, LLC (6.08%), FREEDOM MORTGAGE CORPORATION (6.14%) and Mortgage Research Center, LLC (6.29%).

    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.