Crestview VA Loan Rates, Closing Costs & Stats

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL

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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.

    Crestview's 153 lenders originated 2,566 VA loans during 2023. The total origination value was $954,260,000, with an average VA loan value of $371,886.

    Crestview VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Crestview averaged 6.16% for the week of 2024-07-19, compared to the national average (all VA variants) of 6.303% for the same period.

    Crestview's average VA mortgage closing costs are $7,520.

    The average rate for the prior week (2024-07-12) was 6.2% and one month ago for the week of 2024-06-14, the average rate was 6.46%.

    The average rate one year ago was 6.74%.

    For refis of the same type during the week of 2024-07-19, the average rate was 6.71%.

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

    Crestview 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 Crestview level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    BROKER SOLUTIONS, INC. 327 5.99% $11,567
    DHI MORTGAGE COMPANY, LTD. 300 5.37% $6,900
    UNITED WHOLESALE MORTGAGE, LLC 171 6.15% $10,318
    Mortgage Research Center, LLC 168 6.61% $9,476
    MOVEMENT MORTGAGE, LLC 165 6.31% $11,347
    University Bank 98 6.13% $9,766
    QUICKEN LOANS, LLC 93 6.03% $13,076
    NAVY FEDERAL CREDIT UNION 84 5.74% $8,578
    PRIMELENDING, A PLAINSCAPITAL COMPANY 67 6.34% $10,142
    EAGLE HOME MORTGAGE, LLC 60 5.24% $6,552
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 48 6.59% $10,788
    PENTAGON FEDERAL CREDIT UNION 48 5.53% $12,505
    Waterstone Mortgage Corporation 44 6.44% $10,927
    FREEDOM MORTGAGE CORPORATION 41 6.36% $15,660
    Paramount Residential Mortgage Group, Inc. 38 5.86% $11,149
    GUARANTEED RATE, INC. 37 6.06% $8,453
    USAA Federal Savings Bank 36 6.11% $10,888
    Bank of England 35 6.38% $11,378
    MORTGAGE ONE OF THE SOUTH, INC. 35 5.69% $7,722
    LOANDEPOT.COM, LLC 25 5.75% $14,321
    GUARANTEED RATE AFFINITY, LLC 24 6.05% $9,718
    PENNYMAC LOAN SERVICES, LLC 21 5.64% $15,298
    FIDELITY BANK 18 6.40% $10,315
    DSLD MORTGAGE, LLC 18 6.05% $6,780
    CROSSCOUNTRY MORTGAGE, LLC 17 6.65% $11,837
    BankPlus 16 6.24% $13,510
    Centennial Bank 16 6.16% $16,294
    Plains Commerce Bank 16 5.80% $12,115
    NEWREZ LLC 14 6.38% $14,054
    AMERICAN PACIFIC MORTGAGE CORPORATION 14 6.68% $13,070
    VILLAGE CAPITAL MORTGAGE 14 6.08% $10,236
    RESOURCE FINANCIAL SERVICES, INC. 14 6.19% $12,955
    CBM Mortgage, Inc. 13 6.13% $19,960
    Mr. Cooper ( Nationstar Mortgage ) 12 6.04% $14,703
    CMG MORTGAGE, INC. 12 6.10% $9,488
    NBKC BANK 12 5.94% $10,330
    NEW DAY FINANCIAL, LLC 11 7.61% $14,572
    GUILD MORTGAGE COMPANY 11 6.40% $16,046
    MUTUAL OF OMAHA MORTGAGE, INC. 9 6.42% $12,370
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 9 6.31% $13,988
    CARDINAL FINANCIAL 8 6.05% $13,682
    AMERICAN FINANCIAL NETWORK, INC. 7 6.48% $6,601
    PLANET HOME LENDING, LLC 7 5.21% $8,154
    Northpointe Bank 7 5.98% $13,424
    Equity Prime Mortgage LLC 6 6.65% $12,278
    SWBC MORTGAGE CORPORATION 6 6.71% $10,544
    Mid-Continent Funding, Inc. 6 6.58% $14,261
    Ameris Bank 6 6.40% $10,391
    Flagstar Bank, FSB 5 6.92% $9,876
    The Federal Savings Bank 5 5.58% $19,571
    Armed Forces Bank 5 5.63% $11,924
    LOANPAL, LLC 5 6.05% $14,126
    Wells Fargo Bank 5 6.00% $14,420
    United Fidelity Funding Corp. 5 5.97% $12,895
    SUN WEST MORTGAGE COMPANY, INC. 4 6.69% $10,454
    First Federal Bank 4 6.47% $8,526
    OPEN MORTGAGE, LLC 4 6.50% $4,780
    INSPIRE HOME LOANS INC. 4 5.44% $7,595
    FBC MORTGAGE, LLC 4 5.24% $7,500
    BNC National Bank 4 5.47% $12,375
    Regions Bank 4 5.72% $6,900
    AMERISAVE MORTGAGE CORPORATION 3 5.42% $26,179
    LAKEVIEW LOAN SERVICING, LLC 3 6.21% $8,270
    North American Savings Bank, F.S.B. 3 5.37% $15,495
    United Community Bank 3 5.46% $13,664
    PLAZA HOME MORTGAGE, INC. 3 6.21% $9,574
    American Mortgage & Equity Consultants, Inc. 3 6.83% $8,859
    DAS Acquisition Company, LLC 3 6.63% $8,337
    Paramount Bank 3 7.04% $9,974
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.67% $11,876
    FIRST COMMUNITY MORTGAGE, INC. 3 6.13% $8,283
    Century Mortgage Company DBA Century Lending Company 3 5.88% $15,363
    Barrington Bank & Trust Company, N.A. 3 6.08% $7,722
    THRIVE MORTGAGE, LLC 2 6.94% $9,555
    The Central Trust Bank 2 5.19% $10,798
    U.S. Bank 2 5.75% $11,501
    FIRST COLONY MORTGAGE CORPORATION 2 6.75% $16,043
    Victorian Finance, LLC 2 6.38% $17,996
    Strong Home Mortgage, LLC 2 5.56% $13,269
    ACADEMY MORTGAGE CORPORATION 2 7.19% $11,942
    STOCKTON MORTGAGE CORPORATION 2 6.75% $17,806
    AMERICAN FINANCING CORPORATION 2 6.37% $9,148
    SOUTHWEST STAGE FUNDING, LLC 2 7.13% $2,921
    CALIBER HOME LOANS, INC. 2 6.25% $12,727
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 5.75% $11,400
    EQUITY RESOURCES, INC. 2 6.25% $13,436
    HOMESIDE FINANCIAL, LLC 2 6.94% $18,096
    Renasant Bank 2 5.69% $10,163
    Ixonia Bank 2 6.63% $10,737
    LADERA LENDING, INC. 2 5.88% $22,503
    CITY FIRST MORTGAGE SERVICES, L.L.C. 2 6.12% $14,150
    Lend Smart Mortgage, LLC 2 6.06% $9,839
    Community Bank of Mississippi 2 7.19% $7,335
    MORIA DEVELOPMENT, INC. 2 7.44% $11,338
    ENVOY MORTGAGE, LTD 2 6.19% $15,541
    MORTGAGEONE, INC. 2 7.69% $9,896
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.19% $652
    OCMBC, INC. 2 6.94% $2,437
    PHH Mortgage Corporation 2 6.25% $21,656
    NexBank 2 6.06% $18,557
    NFM, INC. 2 6.44% $13,018
    Trustmark National Bank 2 6.56% $7,339
    UNION HOME MORTGAGE CORP. 2 6.00% $19,553
    ZILLOW HOME LOANS, LLC 1 5.25% $24,097
    Acre Mortgage and Financial Inc 1 6.50% $19,968
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.88% $25,206
    AmeriHome Mortgage Company, LLC 1 6.38% $10,242
    AXIA FINANCIAL, LLC 1 5.63% $12,374
    BAY CAPITAL MORTGAGE CORPORATION 1 6.38% $19,453
    BAY EQUITY LLC 1 5.63% $15,801
    BOKF 1 6.63% $8,531
    CHURCHILL MORTGAGE CORPORATION 1 6.25% $10,938
    CORNERSTONE HOME LENDING, INC. 1 7.50% $3,067
    DATA MORTGAGE, INC. 1 6.00% $4,597
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.25% $12,701
    Farmers Bank & Trust 1 5.25% $13,445
    FEDERATED MORTGAGE CORP. 1 6.25% $9,954
    Firstar Bank 1 5.88% $6,858
    FirstBank 1 6.50% $28,710
    First Heritage Mortgage, LLC 1 6.75% $12,415
    FIRST HOME MORTGAGE CORPORATION 1 6.63% $21,356
    First National Bank 1 7.63% $19,849
    First State Bank of St. Charles, Missouri 1 6.00% $9,561
    Flanagan State Bank 1 6.63% $4,301
    Florida Capital Bank 1 5.75% $4,370
    Gateway First Bank 1 7.50% $18,404
    GERSHMAN INVESTMENT CORP. 1 7.25% $3,208
    Gulf Coast Bank and Trust Company 1 6.25% $25,411
    HOMESTAR FINANCIAL CORPORATION 1 6.25% $21,693
    Hometown Equity Mortgage, LLC 1 7.50% $11,573
    KELLER MORTGAGE, LLC 1 5.50% $18,453
    LAND HOME FINANCIAL SERVICES, INC. 1 6.25% $11,458
    LEADERONE FINANCIAL CORPORATION 1 6.75% $9,229
    MICHIGAN MUTUAL, INC. 1 7.13% $6,634
    MILEND, INC. 1 6.38% $8,207
    MORTGAGE FINANCIAL SERVICES, LLC 1 7.25% $14,169
    Nations Lending Corporation 1 6.25% $12,233
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.63% $7,873
    NETWORK CAPITAL FUNDING CORPORATION 1 5.25% $22,502
    POINT Mortgage 1 6.25% $10,997
    PREFERRED LENDING SERVICES, LLC 1 6.75% $9,516
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $13,898
    Prosperity Home Mortgage, LLC 1 5.25% $10,195
    RESIDENTIAL HOME FUNDING CORP. 1 6.00% $11,831
    RUOFF MORTGAGE COMPANY, INC. 1 6.25% $8,636
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 7.13% $14,408
    SOUTHERN TRUST MORTGAGE, LLC 1 6.63% $18,258
    South State Bank 1 5.25% $7,062
    SUCCESS MORTGAGE PARTNERS, INC. 1 7.00% $2,410
    Truist 1 5.63% $5,314
    Tyndall Federal Credit Union 1 6.75% $4,324
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.75% $725
    VAN DYK MORTGAGE CORPORATION 1 6.38% $12,841

    The top Crestview VA lender as defined by loan originations is BROKER SOLUTIONS, INC., with 327 VA loans originated. Their average total fees are $11,567, which is $4,667 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Crestview VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($6,552), DSLD MORTGAGE, LLC ($6,780), DHI MORTGAGE COMPANY, LTD. ($6,900), MORTGAGE ONE OF THE SOUTH, INC. ($7,722) and GUARANTEED RATE, INC. ($8,453).

    The lowest rate Crestview VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.24%), DHI MORTGAGE COMPANY, LTD. (5.37%), PENTAGON FEDERAL CREDIT UNION (5.53%), PENNYMAC LOAN SERVICES, LLC (5.64%) and MORTGAGE ONE OF THE SOUTH, INC. (5.69%).

    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.