Clarksville VA Loans

CLARKSVILLE, TN-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 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.

    Clarksville's 214 lenders originated 8,080 VA loans during 2021. The total origination value was $2,017,630,000, with an average VA loan value of $249,707.

    Clarksville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Clarksville averaged 5.39% for the week of 2022-05-20, compared to the national average (all VA variants) of 5.143% for the same period.

    The average rate for the prior week (2022-05-13) was 5.2% and one month ago for the week of 2022-04-15, the average rate was 4.96%.

    The average rate one year ago was 2.85%.

    For refis of the same type during the week of 2022-05-20, the average rate was 5.24%.

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

    Clarksville VA Loan Lenders by Rates & Fees

    The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Clarksville level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    Mortgage Research Center, LLC 1,873 2.69% $6,332
    PENNYMAC LOAN SERVICES, LLC 404 2.52% $5,070
    FREEDOM MORTGAGE CORPORATION 390 2.54% $3,212
    QUICKEN LOANS, LLC 364 2.50% $4,502
    F&M Bank 313 2.53% $6,530
    Carrington Mortgage Services, LLC 181 3.40% $5,002
    NAVY FEDERAL CREDIT UNION 173 2.48% $6,210
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 152 3.09% $5,900
    USAA Federal Savings Bank 133 2.84% $5,369
    VILLAGE CAPITAL & INVESTMENT LLC 127 2.35% $3,661
    CALIBER HOME LOANS, INC. 118 2.61% $3,394
    VAN DYK MORTGAGE CORPORATION 115 3.10% $7,588
    GUARANTEED RATE, INC. 113 2.92% $6,320
    LOANDEPOT.COM, LLC 102 2.65% $5,638
    FIRST COMMUNITY MORTGAGE, INC. 102 2.74% $7,848
    SOUTHWEST FUNDING, LP 101 3.48% $11,570
    Flagstar Bank, FSB 97 2.87% $8,673
    NEW DAY FINANCIAL, LLC 97 2.95% $6,275
    UNION HOME MORTGAGE CORP. 94 2.71% $7,557
    LAKEVIEW LOAN SERVICING, LLC 92 2.55% $2,030
    Northpointe Bank 85 3.01% $7,885
    UNITED WHOLESALE MORTGAGE, LLC 80 2.53% $5,291
    HOME POINT FINANCIAL CORPORATION 72 2.69% $7,677
    SWBC MORTGAGE CORPORATION 70 3.21% $5,258
    AMERICAN MORTGAGE SERVICE COMPANY 68 2.72% $7,243
    PENTAGON FEDERAL CREDIT UNION 67 2.35% $5,895
    Mr. Cooper ( Nationstar Mortgage ) 67 3.08% $3,319
    CLEARPATH LENDING 60 2.38% $3,828
    The Federal Savings Bank 58 2.65% $6,771
    AMERICAN FINANCIAL NETWORK, INC. 57 3.32% $9,134
    Wells Fargo Bank 56 2.53% $4,639
    STOCKTON MORTGAGE CORPORATION 55 2.94% $7,570
    First Federal Bank 43 2.54% $5,295
    U.S. Bank 41 2.66% $5,535
    CROSSCOUNTRY MORTGAGE, LLC 35 3.02% $5,869
    Fortera Federal Credit Union 34 2.78% $2,988
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 30 3.09% $6,489
    NFM, INC. 29 3.23% $8,554
    MUTUAL OF OMAHA MORTGAGE, INC. 29 2.72% $6,167
    CMG MORTGAGE, INC. 29 2.97% $9,811
    INTERCOASTAL MORTGAGE COMPANY 28 2.81% $7,460
    Barrington Bank & Trust Company, N.A. 27 2.75% $5,772
    ACOPIA, LLC 27 3.27% $5,357
    SECURITYNATIONAL MORTGAGE COMPANY 26 3.23% $7,660
    Reliant Bank 26 2.53% $5,962
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 26 2.96% $6,592
    MOVEMENT MORTGAGE, LLC 26 3.02% $6,501
    Citizens Bank 25 2.74% $6,167
    COMMUNITY MORTGAGE CORPORATION 24 2.91% $7,614
    AMERISAVE MORTGAGE CORPORATION 24 2.82% $5,922
    Low VA Rates, LLC 24 2.40% $3,549
    VANDERBILT MORTGAGE AND FINANCE, INC. 23 3.08% $5,207
    ALTRA 22 2.56% $2,716
    NEWREZ LLC 21 2.76% $3,257
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 21 2.95% $7,273
    First Guaranty Mortgage Corporation 21 2.48% $3,937
    BROKER SOLUTIONS, INC. 20 2.81% $5,775
    SUN WEST MORTGAGE COMPANY, INC. 19 2.43% $3,350
    MORTGAGE SOLUTIONS OF COLORADO, LLC 18 3.62% $6,813
    PLANET HOME LENDING, LLC 18 2.71% $2,768
    AMERICAN PACIFIC MORTGAGE CORPORATION 17 3.01% $6,209
    Legends Bank 17 2.65% $4,685
    NP, Inc. 17 2.38% $3,711
    NBKC BANK 15 2.45% $5,889
    Bank of England 15 3.10% $7,501
    CONTOUR MORTGAGE CORPORATION 14 2.56% $3,742
    FirstBank 14 2.80% $6,963
    A Mortgage Boutique, LLC 14 2.64% $6,817
    Mid-Continent Funding, Inc. 13 2.80% $5,778
    InterContinental Capital Group, Inc 13 2.39% $2,811
    North American Savings Bank, F.S.B. 12 2.42% $4,840
    HOMEBRIDGE FINANCIAL SERVICES, INC. 12 2.80% $4,354
    Paramount Bank 12 2.57% $6,545
    Nations Lending Corporation 11 2.92% $5,154
    AMERICAN FINANCING CORPORATION 11 2.33% $3,516
    PRIMARY RESIDENTIAL MORTGAGE, INC. 11 3.14% $5,677
    DAS Acquisition Company, LLC 10 2.83% $8,070
    Hometown Lenders, Inc. 10 3.68% $8,162
    SOVEREIGN LENDING GROUP INCORPORATED 9 2.82% $7,411
    Magnolia Bank 9 2.60% $5,919
    TJC Mortgage, Inc. 9 2.42% $4,937
    First Federal Bank 9 2.74% $5,586
    Paramount Residential Mortgage Group, Inc. 8 2.72% $9,695
    KELLER MORTGAGE, LLC 8 2.88% $10,161
    Ameris Bank 8 2.83% $5,721
    GUARANTY HOME MORTGAGE CORPORATION 8 2.69% $5,536
    HOMESIDE FINANCIAL, LLC 7 2.84% $4,236
    ACCELERATE MORTGAGE, LLC 7 2.21% $4,599
    CELEBRITY HOME LOANS, LLC 7 2.98% $11,042
    AMCAP MORTGAGE, LTD. 7 2.84% $10,911
    INTERLINC MORTGAGE SERVICES, LLC 6 3.29% $8,086
    Colten Mortgage, LLC 6 3.54% $6,099
    CHURCHILL MORTGAGE CORPORATION 6 2.63% $8,530
    Equity Prime Mortgage LLC 6 3.23% $3,844
    KS StateBank 6 2.50% $3,426
    MORTGAGE INVESTORS GROUP, INC. 6 2.71% $6,677
    Commerce Home Mortgage, Inc. 6 2.65% $3,599
    BNC National Bank 5 2.30% $6,975
    The Home Loan Expert LLC 5 2.40% $6,447
    Truist Bank 5 2.70% $4,083
    LOANPAL, LLC 5 2.45% $5,273
    PRIMELENDING, A PLAINSCAPITAL COMPANY 5 3.00% $5,938
    Prime Choice Funding Inc. 5 2.65% $2,112
    Manufacturers and Traders Trust Company 5 2.73% $4,929
    SUCCESS MORTGAGE PARTNERS, INC. 4 2.78% $6,090
    BAYSHORE MORTGAGE FUNDING, LLC 4 2.50% $2,462
    Austin Capital Bank SSB 4 2.59% $7,220
    MID AMERICA MORTGAGE, INC. 4 2.81% $2,021
    Wyndham Capital Mortgage, Inc. 4 2.38% $2,798
    The First National Bank of Middle Tennessee 4 2.72% $5,511
    TOTAL MORTGAGE SERVICES, LLC 4 3.00% $7,049
    OPEN MORTGAGE, LLC 3 2.79% $6,449
    RELIANCE FIRST CAPITAL, LLC 3 2.88% $5,000
    Renasant Bank 3 2.96% $3,162
    Sierra Pacific Mortgage Company, Inc. 3 3.33% $6,075
    ZILLOW HOME LOANS, LLC 3 2.96% $3,127
    AMERICAN FINANCIAL RESOURCES, INC. 3 3.25% $6,143
    PHH Mortgage Corporation 3 2.75% $2,609
    THE MORTGAGE FIRM, INC. 3 3.13% $3,730
    Community First National Bank 3 2.88% $4,569
    Legacy Home Loans, LLC 3 3.21% $8,104
    LENDUS, LLC 3 2.25% $2,891
    CapStar Bank 3 2.88% $6,020
    AmeriHome Mortgage Company, LLC 3 2.79% $3,299
    NETWORK CAPITAL FUNDING CORPORATION 2 2.25% $1,530
    Armed Forces Bank 2 2.25% $3,493
    Atlantic Union Bank 2 3.81% $8,769
    BELEM SERVICING LLC 2 2.75% $6,050
    Credence Funding Corporation 2 2.25% $2,759
    EMBRACE HOME LOANS, INC. 2 2.75% $7,610
    EVANSVILLE TEACHERS 2 2.56% $3,547
    EVERETT FINANCIAL, INC. 2 3.88% $9,062
    FINANCE OF AMERICA MORTGAGE LLC 2 2.94% $7,339
    First National Bank Texas 2 2.69% $7,321
    Gateway First Bank 2 2.75% $3,577
    GUILD MORTGAGE COMPANY 2 2.88% $3,609
    ISERVE RESIDENTIAL LENDING, LLC 2 3.25% $7,336
    Lakeview Community Capital, LLC 2 2.81% $1,010
    LIBERTY HOME MORTGAGE CORPORATION 2 2.75% $20,997
    PANORAMA MORTGAGE GROUP, LLC 2 2.75% $7,273
    Pinnacle Bank 2 2.50% $8,214
    PLAZA HOME MORTGAGE, INC. 2 3.88% $5,519
    Presidential Bank, FSB 2 2.31% $6,935
    Prosperity Home Mortgage, LLC 2 2.81% $5,034
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 2.50% $4,632
    ROYAL UNITED MORTGAGE LLC 2 2.56% $13,356
    SeaTrust Mortgage Company 2 2.75% $3,245
    SHELTER LENDING SERVICES, L.L.C. 2 2.69% $2,294
    SOUTHWEST STAGE FUNDING, LLC 2 3.06% $4,922
    SUMMIT FUNDING, INC. 2 3.06% $5,680
    UNITED MORTGAGE CORP. 2 2.63% $4,063
    POLARIS HOME FUNDING CORP. 1 3.25% $7,609
    Victorian Finance, LLC 1 3.75% $500
    Horizon Bank 1 3.00% $8,382
    HOMESTEAD FUNDING CORP. 1 2.50% $8,247
    HOMESPIRE MORTGAGE CORPORATION 1 3.25% $4,139
    Bank of America 1 2.88% $3,401
    HALLMARK HOME MORTGAGE, LLC 1 2.99% $10,702
    RAPID MORTGAGE COMPANY 1 3.50% $9,668
    Regions Bank 1 2.75% $8,524
    GSF Mortgage Corporation 1 2.25% $8,469
    GREAT WESTERN FINANCIAL SERVICES, INC. 1 3.25% $2,534
    GoPrime Mortgage, Inc. 1 2.85% $13,158
    RESIDENTIAL BANCORP. 1 2.63% $2,460
    Watermark Capital, Inc. 1 2.25% $10,030
    ROSS MORTGAGE CORPORATION 1 2.75% $8,171
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.63% $11,739
    ASPIRE FINANCIAL, INC. 1 2.75% $8,085
    RUOFF MORTGAGE COMPANY, INC. 1 3.25% $13,095
    WESTERN EXPRESS LENDING 1 3.25% $9,047
    GERSHMAN INVESTMENT CORP. 1 2.38% $9,746
    Service Federal Credit Union 1 3.25% $3,051
    Shamrock Home Loans, Inc. 1 2.75% $4,283
    West Town Bank & Trust 1 2.88% $8,455
    George Mason Mortgage, LLC 1 2.63% $28,565
    GENEVA FINANCIAL, LLC 1 2.88% $4,020
    Wilson Bank And Trust 1 2.25% $5,330
    Florida Capital Bank 1 2.63% $7,474
    SRE MORTGAGE ALLIANCE INC. 1 2.25% $2,821
    FLAT BRANCH MORTGAGE, INC. 1 3.63% $3,154
    Strong Home Mortgage, LLC 1 2.38% $2,175
    First Western Trust Bank 1 2.75% $10,112
    AmRes Corporation 1 2.75% $4,802
    Sunflower Bank 1 2.99% $1,127
    First Midwest Bank 1 2.25% $2,454
    First Horizon Bank 1 2.50% $7,577
    T2 FINANCIAL LLC 1 3.25% $13,950
    The Central Trust Bank 1 2.75% $14,632
    FBC MORTGAGE, LLC 1 2.25% $12,324
    Evolve Bank & Trust 1 2.63% $4,100
    EQUITY RESOURCES, INC. 1 2.99% $5,355
    ENVOY MORTGAGE, LTD 1 3.13% $8,104
    ENDEAVOR CAPITAL, LLC. 1 3.63% $1,859
    TOP FLITE FINANCIAL, INC. 1 3.38% $10,186
    DELMAR FINANCIAL COMPANY 1 2.38% $8,554
    CityWorth Mortgage LLC 1 3.25% $9,662
    Trustmark National Bank 1 2.50% $7,285
    CHERRY CREEK MORTGAGE, LLC 1 2.38% $317
    Amerifirst Financial, Inc. 1 2.88% $8,113
    CERTAINTY HOME LOANS, LLC 1 2.25% $3,011
    CAPSTONE DIRECT, INC. 1 2.38% $16,836
    CALCON MUTUAL MORTGAGE LLC 1 2.75% $6,372
    ABSOLUTE HOME MORTGAGE CORPORATION 1 2.50% $2,410
    MILEND, INC. 1 4.63% $6,792
    US COMMUNITY 1 2.88% $2,766
    Meridian Bank Corporation 1 2.13% $8,383
    MEGASTAR FINANCIAL CORP. 1 3.25% $3,535
    MCLEAN MORTGAGE CORPORATION 1 2.25% $1,566
    LEADERONE FINANCIAL CORPORATION 1 2.25% $5,047
    LADERA LENDING, INC. 1 2.50% $4,518
    Bell Bank 1 2.88% $8,590
    Plains Commerce Bank 1 2.88% $1,904
    Ixonia Bank 1 3.25% $2,971
    Bank of Tennessee 1 3.13% $3,862

    The top Clarksville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,873 VA loans originated. Their average total fees are $6,332, which is $1,262 higher than the next largest lender, PENNYMAC LOAN SERVICES, LLC.

    The lowest fee Clarksville VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,030), ALTRA ($2,716), PLANET HOME LENDING, LLC ($2,768), InterContinental Capital Group, Inc ($2,811) and Fortera Federal Credit Union ($2,988).

    The lowest rate Clarksville VA lenders (with over 10 loans originated) are AMERICAN FINANCING CORPORATION (2.33%), VILLAGE CAPITAL & INVESTMENT LLC (2.35%), PENTAGON FEDERAL CREDIT UNION (2.35%), CLEARPATH LENDING (2.38%) and NP, Inc. (2.38%).

    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.