Charlotte VA Loan Rates, Closing Costs & Stats

CHARLOTTE-CONCORD-GASTONIA, NC-SC

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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.

    Charlotte's 208 lenders originated 4,602 VA loans during 2024. The total origination value was $1,864,400,000, with an average VA loan value of $405,128.

    Charlotte VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Charlotte averaged 0.42% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Charlotte's average VA mortgage closing costs are $6,641.

    The average rate for the prior week (2025-06-13) was 6.57% and one month ago for the week of 2025-05-16, the average rate was 6.73%.

    The average rate one year ago was 6.92%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.13%.

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

    Charlotte 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 Charlotte level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 539 6.37% $6,977
    UNITED WHOLESALE MORTGAGE, LLC 488 5.88% $9,838
    QUICKEN LOANS, LLC 333 6.06% $11,701
    FREEDOM MORTGAGE CORPORATION 261 6.13% $10,634
    MOVEMENT MORTGAGE, LLC 249 6.25% $8,561
    PENNYMAC LOAN SERVICES, LLC 134 5.57% $9,546
    LOANDEPOT.COM, LLC 132 5.77% $10,998
    NAVY FEDERAL CREDIT UNION 130 5.91% $4,738
    VILLAGE CAPITAL MORTGAGE 98 5.82% $8,105
    NEW DAY FINANCIAL, LLC 92 7.52% $13,214
    American Security Mortgage Corp. 84 6.01% $9,836
    DHI MORTGAGE COMPANY, LTD. 80 5.21% $4,502
    USAA Federal Savings Bank 73 6.14% $9,844
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 71 6.51% $9,021
    NEWREZ LLC 71 6.00% $8,604
    EAGLE HOME MORTGAGE, LLC 69 6.04% $4,571
    CROSSCOUNTRY MORTGAGE, LLC 61 6.24% $10,056
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 60 6.33% $6,481
    NVR Mortgage Finance, Inc. 58 5.93% $4,928
    The Federal Savings Bank 55 6.18% $20,779
    NBKC BANK 36 5.84% $6,086
    LAKEVIEW LOAN SERVICING, LLC 35 5.74% $6,542
    MUTUAL OF OMAHA MORTGAGE, INC. 32 6.20% $17,380
    Mr. Cooper ( Nationstar Mortgage ) 31 6.30% $8,230
    ZILLOW HOME LOANS, LLC 30 6.30% $8,906
    GUARANTEED RATE, INC. 29 6.09% $5,362
    First Federal Bank 28 6.08% $8,008
    GUARANTEED RATE AFFINITY, LLC 26 6.38% $6,448
    MATTAMY HOME FUNDING, LLC 24 5.72% $5,539
    MORTGAGE SOLUTIONS OF COLORADO, LLC 22 6.78% $5,003
    Wells Fargo Bank 22 6.18% $8,406
    Carrington Mortgage Services, LLC 21 5.80% $9,860
    CMG MORTGAGE, INC. 21 5.95% $10,306
    HOWARD HANNA FINANCIAL SERVICES, INC. 21 6.30% $8,356
    GUILD MORTGAGE COMPANY 21 5.87% $9,224
    PENTAGON FEDERAL CREDIT UNION 19 5.97% $5,740
    Barrington Bank & Trust Company, N.A. 19 6.38% $12,466
    BROKER SOLUTIONS, INC. 18 6.34% $11,644
    UNION HOME MORTGAGE CORP. 17 6.13% $10,235
    PLANET HOME LENDING, LLC 17 6.21% $6,954
    CLEARPATH LENDING 17 5.83% $8,237
    Truist 16 6.16% $7,629
    INSPIRE HOME LOANS INC. 16 5.50% $4,244
    SeaTrust Mortgage Company 15 6.19% $11,021
    South Pacific Financial Corporation 15 5.78% $5,728
    CARDINAL FINANCIAL 15 6.61% $13,666
    INTERCOASTAL MORTGAGE COMPANY 15 6.39% $6,204
    Equity Prime Mortgage LLC 15 6.83% $13,863
    RELIANCE FIRST CAPITAL, LLC 14 6.39% $9,905
    Mid-Continent Funding, Inc. 14 6.16% $8,890
    Alcova Mortgage LLC 14 6.04% $10,349
    Flagstar Bank, FSB 14 5.93% $12,052
    Towne Bank 13 6.23% $13,731
    AMERISAVE MORTGAGE CORPORATION 13 6.00% $19,685
    PRIMELENDING, A PLAINSCAPITAL COMPANY 11 6.11% $13,382
    U.S. Bank 11 6.03% $8,063
    Lakeview Community Capital, LLC 11 5.82% $4,894
    AMERICAN FINANCIAL RESOURCES, INC. 11 6.38% $9,252
    Plains Commerce Bank 11 6.14% $8,028
    PLAZA HOME MORTGAGE, INC. 11 6.29% $16,853
    Ameris Bank 10 6.23% $7,828
    PRIMARY RESIDENTIAL MORTGAGE, INC. 10 6.06% $5,583
    South State Bank 10 5.94% $7,307
    PULTE MORTGAGE LLC 10 6.18% $4,506
    SUN WEST MORTGAGE COMPANY, INC. 10 6.27% $11,551
    AMERICAN PACIFIC MORTGAGE CORPORATION 9 6.51% $11,492
    TBI MORTGAGE COMPANY 9 5.83% $6,388
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 9 6.49% $6,622
    Armed Forces Bank 9 6.13% $6,286
    AmeriHome Mortgage Company, LLC 9 6.15% $5,429
    HOMESIDE FINANCIAL, LLC 9 6.10% $8,752
    KBHS HOME LOANS, LLC 8 6.03% $11,234
    JMAC LENDING, INC. 8 6.25% $14,112
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 7 5.66% $15,787
    JET HOMELOANS, LLC 7 6.14% $11,422
    JPMorgan Chase Bank 7 6.28% $6,800
    First Heritage Mortgage, LLC 7 6.34% $12,830
    SUMMIT FUNDING, INC. 7 6.14% $8,880
    BAY EQUITY LLC 7 6.03% $9,643
    Magnolia Bank 7 5.89% $19,721
    Atlantic Coast Mortgage, LLC 6 6.31% $10,619
    Paramount Residential Mortgage Group, Inc. 6 6.23% $9,259
    CORNERSTONE HOME LENDING, INC. 6 6.44% $4,021
    Northpointe Bank 6 6.17% $6,755
    NFM, INC. 6 6.23% $8,318
    CHURCHILL MORTGAGE CORPORATION 6 6.15% $10,464
    CALCON MUTUAL MORTGAGE LLC 6 5.75% $11,465
    The Loan Store, Inc. 6 5.98% $7,442
    Pinnacle Bank 6 6.15% $4,749
    M/I FINANCIAL, LLC 6 5.42% $23,123
    AMERICAN FINANCIAL NETWORK, INC. 6 6.02% $12,469
    VERITAS FUNDING, LLC 6 6.19% $20,639
    Prosperity Home Mortgage, LLC 5 5.95% $12,247
    FBC MORTGAGE, LLC 5 5.24% $5,623
    First National Bank of Pennsylvania 5 6.20% $16,106
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 6.37% $12,032
    PREMIA MORTGAGE, LLC 5 5.88% $2,254
    PREMIER LENDING, INC. 5 6.25% $8,825
    RESOURCE FINANCIAL SERVICES, INC. 5 6.58% $8,478
    VANDERBILT MORTGAGE AND FINANCE, INC. 5 6.35% $8,084
    NETWORK CAPITAL FUNDING CORPORATION 4 6.00% $23,025
    RAPID MORTGAGE COMPANY 4 6.84% $9,942
    Credence Funding Corporation 4 5.72% $6,609
    ENVOY MORTGAGE, LTD 4 5.84% $7,263
    Ixonia Bank 4 5.97% $17,364
    AMERICAN FINANCING CORPORATION 4 6.18% $10,584
    LEGEND LENDING CORPORATION 4 7.06% $13,374
    MILEND, INC. 4 6.37% $22,765
    TOWNE MORTGAGE COMPANY 4 6.63% $9,031
    TJC Mortgage, Inc. 4 5.88% $8,813
    Texana Bank 4 6.66% $10,015
    Strong Home Mortgage, LLC 4 5.84% $4,428
    Shea Mortgage Inc. 4 6.13% $352
    Renasant Bank 4 6.63% $8,749
    FIRST HOME MORTGAGE CORPORATION 3 6.42% $5,559
    C & F Mortgage Corporation 3 6.54% $7,169
    LOANPAL, LLC 3 5.96% $18,064
    Integrity Home Mortgage Corp 3 6.42% $5,354
    Uwharrie Bank 3 6.33% $8,831
    Fifth Third Bank 3 6.29% $6,161
    MORTGAGEONE, INC. 3 6.54% $6,396
    ON Q FINANCIAL, INC. 3 6.71% $5,206
    Fulton Bank 3 5.88% $9,592
    T2 FINANCIAL LLC 3 6.96% $7,437
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.54% $9,239
    MICHIGAN MUTUAL, INC. 3 6.88% $7,573
    Regions Bank 3 6.63% $5,482
    Truliant Federal Credit Union 3 6.33% $7,696
    LADERA LENDING, INC. 3 5.92% $4,644
    Gateway First Bank 2 6.50% $3,474
    LENOX FINANCIAL MORTGAGE CORPORATION 2 5.38% $6,211
    GoPrime Mortgage, Inc. 2 6.81% $5,952
    MID AMERICA MORTGAGE, INC. 2 7.25% $14,294
    First Horizon Bank 2 6.13% $6,308
    FIRST COMMUNITY MORTGAGE, INC. 2 6.25% $15,631
    First-Citizens Bank & Trust Company 2 5.94% $4,523
    EVERETT FINANCIAL, INC. 2 7.13% $12,864
    Encompass Lending Group, LP 2 6.50% $10,484
    DIRECT MORTGAGE LOANS, LLC 2 6.69% $8,383
    Waterstone Mortgage Corporation 2 5.94% $12,689
    Residential Mortgage Solutions, Inc. 2 6.38% $6,904
    Century Mortgage Company DBA Century Lending Company 2 6.00% $8,161
    CANOPY MORTGAGE, LLC 2 5.81% $14,378
    BANKSOUTH MORTGAGE COMPANY, LLC 2 6.44% $11,061
    The Central Trust Bank 2 6.31% $4,740
    Bank of England 2 5.88% $5,115
    American Mortgage & Equity Consultants, Inc. 2 6.69% $6,635
    ALLIED MORTGAGE GROUP, INC. 2 5.75% $2,957
    INTERLINC MORTGAGE SERVICES, LLC 2 6.75% $8,613
    POLARIS HOME FUNDING CORP. 1 7.25% $21,673
    ALLEGACY FEDERAL CREDIT UNION 1 6.13% $14,849
    HOMESPIRE MORTGAGE CORPORATION 1 5.50% $2,561
    Presidential Bank, FSB 1 6.25% $8,796
    COMPASS MORTGAGE, INC. 1 5.63% $4,056
    CityWorth Mortgage LLC 1 6.25% $6,052
    1st National Bank 1 6.13% $5,353
    City National Bank of Florida 1 6.63% $13,896
    City Lending Inc. 1 7.38% $23,371
    RADIUS FINANCIAL GROUP INC. 1 6.75% $7,335
    NEW FED MORTGAGE, CORP. 1 6.75% $3,776
    Nations Lending Corporation 1 6.25% $5,259
    Citizens Bank 1 5.38% $7,908
    NATIONS DIRECT MORTGAGE, LLC 1 5.99% $10,438
    Goldwater Bank, N.A. 1 6.75% $28,501
    ACOPIA, LLC 1 6.12% $9,022
    ROSS MORTGAGE CORPORATION 1 6.25% $12,189
    M&T Bank 1 6.63% $7,730
    SENTE MORTGAGE, INC. 1 6.75% $13,797
    First Option Mortgage, LLC 1 6.13% $2,862
    Sierra Pacific Mortgage Company, Inc. 1 6.25% $9,678
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 7.75% $794
    SOUTHERN TRUST MORTGAGE, LLC 1 7.63% $3,386
    GSF Mortgage Corporation 1 6.63% $33,163
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.25% $7,943
    CAPITAL CENTER, L.L.C. 1 6.50% $6,012
    STOCKTON MORTGAGE CORPORATION 1 5.75% $16,329
    First State Bank of St. Charles, Missouri 1 6.13% $6,412
    1ST SIGNATURE LENDING, LLC 1 6.50% $8,097
    Summit Mortgage Corporation 1 7.25% $7,378
    Sunflower Bank 1 5.99% $8,332
    BAYSHORE MORTGAGE FUNDING, LLC 1 5.25% $5,001
    Franklin Loan Corporation 1 6.25% $16,273
    HOMESTEAD FUNDING CORP. 1 6.13% $17,266
    MORTGAGE EQUITY PARTNERS LLC 1 6.75% $33,914
    Victorian Finance, LLC 1 7.25% $575
    JAMS-01, INC. 1 5.75% $4,599
    Bank of America 1 6.13% $13,278
    Mortgage Assurance Inc. 1 6.75% $23,222
    TOP FLITE FINANCIAL, INC. 1 7.25% $20,906
    TOTAL MORTGAGE SERVICES, LLC 1 6.63% $15,758
    Atlantic Union Bank 1 6.25% $1,159
    MLB RESIDENTIAL LENDING, LLC 1 5.75% $2,519
    Assurance Financial Group, L.L.C. 1 6.63% $10,330
    GENEVA FINANCIAL, LLC 1 6.75% $1,481
    MDE Home Loans, LLC 1 6.50% $25,885
    Fidelity Bank 1 7.13% $18,582
    NORWICH COMMERCIAL GROUP, INC. 1 5.75% $20,106
    OPEN MORTGAGE, LLC 1 6.63% $22,187
    Paramount Bank 1 6.13% $9,149
    United Bank 1 6.49% $2,894
    FIDELITY DIRECT MORTGAGE, LLC 1 7.13% $17,848
    United Community Bank 1 6.13% $3,777
    Peoples Bank 1 6.25% $3,405
    PHH Mortgage Corporation 1 4.88% $7,734
    AMERITRUST MORTGAGE CORPORATION 1 7.00% $5,827
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.75% $4,579
    Cornerstone First Mortgage, Inc 1 5.88% $19,874
    CONTOUR MORTGAGE CORPORATION 1 5.75% $8,264

    The top Charlotte VA lender as defined by loan originations is Mortgage Research Center, LLC, with 539 VA loans originated. Their average total fees are $6,977, which is $2,861 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Charlotte VA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. ($4,244), DHI MORTGAGE COMPANY, LTD. ($4,502), PULTE MORTGAGE LLC ($4,506), EAGLE HOME MORTGAGE, LLC ($4,571) and NAVY FEDERAL CREDIT UNION ($4,738).

    The lowest rate Charlotte VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.21%), INSPIRE HOME LOANS INC. (5.50%), PENNYMAC LOAN SERVICES, LLC (5.57%), MATTAMY HOME FUNDING, LLC (5.72%) and LAKEVIEW LOAN SERVICING, LLC (5.74%).

    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.