Dallas VA Loan Rates, Closing Costs & Stats

Dallas-Fort Worth-Arlington, TX

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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.

    Dallas's 269 lenders originated 8,396 VA loans during 2023. The total origination value was $3,598,120,000, with an average VA loan value of $428,552.

    Dallas VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Dallas averaged 6.05% for the week of 2024-10-25, compared to the national average (all VA variants) of 6.14% for the same period.

    Dallas's average VA mortgage closing costs are $7,242.

    The average rate for the prior week (2024-10-18) was 5.86% and one month ago for the week of 2024-09-20, the average rate was 5.56%.

    The average rate one year ago was 7.48%.

    For refis of the same type during the week of 2024-10-25, the average rate was 6.51%.

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

    Dallas 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 Dallas level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 907 6.62% $9,069
    DHI MORTGAGE COMPANY, LTD. 667 5.37% $8,632
    UNITED WHOLESALE MORTGAGE, LLC 430 6.24% $9,521
    NAVY FEDERAL CREDIT UNION 384 5.78% $7,673
    LOANDEPOT.COM, LLC 260 6.08% $11,278
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 243 6.45% $10,802
    EAGLE HOME MORTGAGE, LLC 213 5.07% $4,507
    SFMC, LP 208 6.11% $13,868
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 196 6.42% $11,276
    QUICKEN LOANS, LLC 173 6.21% $13,017
    PRIMELENDING, A PLAINSCAPITAL COMPANY 166 6.03% $13,578
    CARDINAL FINANCIAL 161 6.37% $16,018
    GUARANTEED RATE, INC. 160 6.24% $9,286
    EVERETT FINANCIAL, INC. 151 6.35% $15,539
    USAA Federal Savings Bank 135 6.24% $11,249
    PENNYMAC LOAN SERVICES, LLC 123 5.72% $11,134
    CMG MORTGAGE, INC. 123 6.07% $15,328
    CROSSCOUNTRY MORTGAGE, LLC 115 6.57% $12,651
    FREEDOM MORTGAGE CORPORATION 111 6.30% $13,451
    AMCAP MORTGAGE, LTD. 107 6.38% $14,821
    HOMESIDE FINANCIAL, LLC 95 5.98% $6,542
    Paramount Residential Mortgage Group, Inc. 91 6.31% $13,440
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 91 6.40% $11,450
    GUILD MORTGAGE COMPANY 87 6.71% $13,086
    PULTE MORTGAGE LLC 84 5.79% $6,267
    MORTGAGE SOLUTIONS OF COLORADO, LLC 82 7.54% $5,072
    Republic State Mortgage Co. 78 6.04% $10,332
    Town Square Mortgage & Investments, Inc. 74 6.38% $10,531
    First United Bank and Trust Company 68 6.47% $15,284
    VELOCIO MORTGAGE L.L.C. 62 5.75% $6,738
    PENTAGON FEDERAL CREDIT UNION 59 5.60% $9,511
    Prosperity Home Mortgage, LLC 54 6.19% $14,140
    CORNERSTONE HOME LENDING, INC. 53 6.20% $11,685
    GUARANTEED RATE AFFINITY, LLC 47 6.21% $7,725
    M/I FINANCIAL, LLC 45 6.08% $13,360
    Wells Fargo Bank 44 5.70% $5,991
    THRIVE MORTGAGE, LLC 42 6.13% $17,448
    Trinity Oaks Mortgage, LLC 38 5.93% $15,926
    NEWREZ LLC 37 6.28% $8,991
    THE MORTGAGE LINK, INC. 36 6.55% $17,252
    First Bank 36 6.00% $16,398
    UNION HOME MORTGAGE CORP. 36 6.48% $17,392
    NBKC BANK 35 5.79% $8,875
    Equity Prime Mortgage LLC 33 6.96% $9,204
    PLAZA HOME MORTGAGE, INC. 32 6.21% $13,665
    Plains Commerce Bank 31 6.24% $10,572
    Neighborhood Loans, Inc. 30 6.55% $14,874
    PRIORITY HOME MORTGAGE, L.P. 30 6.19% $7,269
    S1L, Inc. 29 6.19% $15,346
    AMERICAN FINANCIAL NETWORK, INC. 29 6.63% $12,380
    BROKER SOLUTIONS, INC. 29 6.45% $12,225
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 27 6.21% $6,200
    Gateway First Bank 27 6.33% $9,986
    First Financial Bank 27 6.31% $12,214
    AMERICAN PACIFIC MORTGAGE CORPORATION 27 6.51% $15,135
    PLANET HOME LENDING, LLC 27 6.29% $11,472
    JPMorgan Chase Bank 26 5.87% $6,327
    MORTGAGE FINANCIAL SERVICES, LLC 25 6.47% $14,934
    ACADEMY MORTGAGE CORPORATION 24 6.57% $11,947
    BROOKHOLLOW MORTGAGE SERVICES, LTD 24 6.36% $6,357
    Barrington Bank & Trust Company, N.A. 23 6.36% $10,526
    INTEGRITY MORTGAGE CORPORATION OF TEXAS 23 6.35% $11,947
    SWBC MORTGAGE CORPORATION 23 6.31% $8,862
    DAS Acquisition Company, LLC 22 6.74% $6,883
    CLM MORTGAGE, INC 22 5.90% $8,786
    FIRST EQUITY MORTGAGE INCORPORATED 21 5.77% $12,668
    T2 FINANCIAL LLC 21 6.36% $12,269
    MOVEMENT MORTGAGE, LLC 21 6.44% $8,537
    Mr. Cooper ( Nationstar Mortgage ) 19 6.20% $14,147
    Flagstar Bank, FSB 19 6.29% $10,070
    Citizens Bank 18 6.16% $10,565
    VILLAGE CAPITAL MORTGAGE 18 5.95% $9,064
    HOMEBRIDGE FINANCIAL SERVICES, INC. 18 5.87% $11,526
    Century Mortgage Company DBA Century Lending Company 17 6.06% $9,914
    CRESTMARK MORTGAGE COMPANY, LTD. 16 6.06% $11,100
    South Pacific Financial Corporation 16 5.89% $11,235
    GARDNER FINANCIAL SERVICES, LTD. 16 6.29% $17,192
    Mid-Continent Funding, Inc. 15 6.03% $12,814
    City Bank 15 6.23% $11,453
    SECURITYNATIONAL MORTGAGE COMPANY 15 6.66% $13,168
    BAY EQUITY LLC 15 6.54% $9,711
    JET HOMELOANS, LLC 15 5.62% $11,191
    Magnolia Bank 14 5.79% $9,154
    WILLOW BEND MORTGAGE COMPANY, LLC 14 6.61% $10,498
    Independent Bank 13 6.45% $5,361
    MUTUAL OF OMAHA MORTGAGE, INC. 13 6.36% $18,282
    Affiliated Bank 13 6.68% $13,197
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 13 6.64% $6,402
    SUN WEST MORTGAGE COMPANY, INC. 12 6.37% $14,611
    Nations Lending Corporation 12 6.51% $8,712
    CHURCHILL MORTGAGE CORPORATION 12 6.24% $13,191
    CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 12 6.01% $7,986
    NATIONS RELIABLE LENDING, LLC 11 6.85% $9,723
    Waterstone Mortgage Corporation 11 6.42% $9,122
    EUSTIS AND AMERICAN MORTGAGE COMPANY 11 6.37% $11,058
    NTFN, INC. 11 6.60% $12,977
    INSPIRE HOME LOANS INC. 11 5.57% $6,055
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 11 6.60% $13,962
    Sunflower Bank 10 6.25% $9,807
    Network Funding, L.P. 10 6.27% $11,549
    CHERRY CREEK MORTGAGE, LLC 10 6.58% $4,701
    American Mortgage & Equity Consultants, Inc. 10 6.67% $12,645
    Cornerstone First Mortgage, Inc 10 6.36% $12,568
    SUCCESS MORTGAGE PARTNERS, INC. 10 6.71% $16,304
    BNC National Bank 9 5.50% $11,637
    MATTAMY HOME FUNDING, LLC 9 5.75% $9,196
    MID AMERICA MORTGAGE, INC. 9 6.25% $8,653
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 9 6.67% $10,902
    PRIMARY RESIDENTIAL MORTGAGE, INC. 9 7.17% $9,351
    OPEN MORTGAGE, LLC 9 6.31% $7,919
    INTERLINC MORTGAGE SERVICES, LLC 9 6.25% $11,056
    NBH Bank 8 5.66% $8,288
    FIRST CONTINENTAL MORTGAGE, LTD. 8 5.63% $5,424
    U.S. Bank 8 6.00% $9,306
    BancorpSouth 8 6.25% $10,691
    GoPrime Mortgage, Inc. 8 6.83% $13,523
    American National Bank & Trust 8 5.98% $16,004
    Strong Home Mortgage, LLC 8 6.11% $12,345
    First State Bank 7 6.77% $11,356
    Colonial Savings, F.A. 7 6.20% $14,474
    PREMIA MORTGAGE, LLC 7 5.80% $8,802
    First Federal Bank 7 6.29% $8,699
    LOANPEOPLE, LLC 7 6.32% $16,926
    AMERISAVE MORTGAGE CORPORATION 7 6.20% $11,705
    V.I.P. MORTGAGE, INC. 7 6.50% $12,183
    GSF Mortgage Corporation 6 6.15% $13,129
    FLAT BRANCH MORTGAGE, INC. 6 6.54% $12,893
    NFM, INC. 6 7.17% $16,447
    FC LENDING, LTD. 6 5.50% $8,645
    SENTE MORTGAGE, INC. 6 6.77% $12,017
    Encompass Lending Group, LP 6 6.98% $11,178
    CALIBER HOME LOANS, INC. 6 6.21% $10,460
    BOKF 6 6.35% $9,269
    Bank of England 6 6.23% $15,782
    Ameris Bank 6 6.06% $7,934
    GENEVA FINANCIAL, LLC 6 7.00% $8,824
    Armed Forces Bank 5 6.00% $14,640
    Florida Capital Bank 5 6.60% $8,736
    AXIA FINANCIAL, LLC 5 6.12% $6,120
    SUMMIT FUNDING, INC. 5 6.65% $16,246
    AMERICAN FINANCIAL RESOURCES, INC. 5 6.75% $13,309
    Vellum Mortgage, Inc. 5 6.17% $6,502
    ASPIRE FINANCIAL, INC. 5 6.05% $9,623
    BM Real Estate Services, Inc. 4 6.88% $6,459
    CALCON MUTUAL MORTGAGE LLC 4 6.53% $9,231
    Community First National Bank 4 6.31% $10,431
    DRAPER AND KRAMER MORTGAGE CORP. 4 6.50% $19,560
    FIRST CENTENNIAL MORTGAGE CORPORATION 4 6.78% $12,864
    KBHS HOME LOANS, LLC 4 6.69% $10,967
    LEADERONE FINANCIAL CORPORATION 4 6.44% $9,579
    MEMBER FIRST MORTGAGE, LLC 4 6.25% $10,907
    MICHIGAN MUTUAL, INC. 4 6.59% $26,000
    MORTGAGEONE, INC. 4 6.91% $4,799
    North American Savings Bank, F.S.B. 4 5.97% $5,213
    PACIFIC RESIDENTIAL MORTGAGE, LLC 4 6.25% $9,109
    PANORAMA MORTGAGE GROUP, LLC 4 6.25% $11,686
    Prosperity Bank 4 6.06% $9,722
    Renasant Bank 4 5.84% $11,127
    RESIDENTIAL HOME FUNDING CORP. 4 5.53% $12,091
    The Central Trust Bank 4 5.75% $9,855
    The Federal Savings Bank 4 6.38% $9,508
    Watermark Capital, Inc. 4 6.06% $13,718
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 3 6.83% $9,053
    AmeriHome Mortgage Company, LLC 3 6.13% $10,204
    Truist 3 5.67% $15,020
    First National Bank Texas 3 6.17% $10,726
    PILGRIM MORTGAGE LLC 3 6.91% $19,959
    Origin Bank 3 5.79% $11,884
    The Loan Store, Inc. 3 5.83% $12,682
    TBI MORTGAGE COMPANY 3 5.13% $5,317
    Centennial Bank 3 7.13% $13,716
    MOUNTAIN WEST FINANCIAL, INC. 3 6.58% $5,639
    Arvest Bank 3 6.25% $7,329
    Commercial Bank of Texas 3 6.79% $5,661
    HOMESPIRE MORTGAGE CORPORATION 3 6.46% $13,943
    HomePromise Corporation 3 7.29% $11,072
    ML Mortgage Corp. 3 6.75% $22,844
    ENVOY MORTGAGE, LTD 3 6.08% $11,247
    SeaTrust Mortgage Company 3 6.50% $9,627
    VAN DYK MORTGAGE CORPORATION 2 6.75% $17,184
    LEGEND LENDING CORPORATION 2 6.69% $23,667
    INTERCAP LENDING INC. 2 6.31% $6,987
    HOMETRUST MORTGAGE COMPANY 2 6.19% $5,881
    NEW DAY FINANCIAL, LLC 2 6.87% $21,309
    NP, Inc. 2 5.69% $5,343
    Wallick & Volk, Inc. 2 5.75% $22,488
    GMFS LLC 2 7.25% $9,254
    First National Bank of Omaha 2 5.88% $28,659
    First National Bank 2 6.06% $17,704
    First Horizon Bank 2 6.31% $15,536
    American Bank of Commerce 2 6.25% $25,097
    RESIDENTIAL BANCORP 2 6.75% $21,070
    Farmers Bank & Trust 2 5.06% $7,884
    ENDEAVOR CAPITAL, LLC. 2 6.44% $10,578
    SIRVA MORTGAGE, INC. 2 6.06% $4,473
    SOUTHWEST STAGE FUNDING, LLC 2 6.44% $1,684
    Credence Funding Corporation 2 5.69% $14,960
    CityWorth Mortgage LLC 2 6.88% $9,060
    Wyndham Capital Mortgage, Inc. 2 5.94% $5,228
    Carrington Mortgage Services, LLC 2 5.94% $4,005
    CANOPY MORTGAGE, LLC 2 5.88% $19,268
    Trustmark National Bank 2 5.88% $15,848
    BAYSHORE MORTGAGE FUNDING, LLC 2 6.75% $12,183
    Bank of Colorado 2 6.13% $4,408
    Bank of America 2 6.06% $18,363
    ASSOCIATED MORTGAGE CORPORATION 2 6.38% $9,594
    Victorian Finance, LLC 2 7.38% $9,275
    Midwest Mortgage Associates Corporation 2 5.56% $4,039
    Alcova Mortgage LLC 1 6.38% $3,398
    FINANCIAL CONCEPTS MORTGAGE, LLC 1 6.25% $272
    Keystone Funding, Inc. 1 7.13% $5,251
    Willamette Valley Bank 1 6.75% $3,997
    HALLMARK HOME MORTGAGE, LLC 1 5.75% $8,746
    RESOURCE FINANCIAL SERVICES, INC. 1 7.25% $17,059
    MORIA DEVELOPMENT, INC. 1 5.25% $24,188
    NexBank 1 5.63% $5,410
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.75% $18,214
    Security State Bank & Trust 1 6.88% $6,139
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.00% $7,054
    DIRECTIONS EQUITY, LLC 1 4.95% $5,176
    SHELTER HOME MORTGAGE, LLC 1 6.75% $11,410
    Sierra Pacific Mortgage Company, Inc. 1 6.13% $27,347
    LHM FINANCIAL CORPORATION 1 5.75% $9,069
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.00% $16,055
    Assurance Financial Group, L.L.C. 1 6.75% $11,464
    Stifel Bank and Trust 1 5.75% $3,154
    Stride Bank 1 5.88% $16,056
    DELMAR FINANCIAL COMPANY 1 6.13% $547
    MORTGAGE ACCESS CORP. 1 5.75% $25,815
    CONTOUR MORTGAGE CORPORATION 1 6.25% $9,050
    Hometown Equity Mortgage, LLC 1 7.13% $24,230
    METROPLEX MORTGAGE SERVICES, INC. 1 7.75% $27,263
    CITYWIDE HOME LOANS, LLC 1 5.75% $17,252
    NATIONWIDE MORTGAGE BANKERS, INC. 1 5.63% $34,632
    Inwood National Bank 1 5.63% $15,503
    TEXAS DOW EMPLOYEES CREDIT UNION 1 6.13% $22,771
    Acre Mortgage and Financial Inc 1 6.13% $16,773
    LOANPAL, LLC 1 5.00% $15,359
    Ixonia Bank 1 6.50% $7,925
    MEGASTAR FINANCIAL CORP. 1 6.25% $25,611
    THOMPSON KANE & COMPANY, LLC 1 6.38% $11,009
    MANN FINANCIAL INC. 1 5.89% $9,348
    TJC Mortgage, Inc. 1 7.13% $8,575
    TOWNE MORTGAGE COMPANY 1 6.99% $37,180
    Bell Bank 1 6.13% $8,208
    BAY-VALLEY MORTGAGE GROUP 1 5.75% $17,249
    GUARANTY HOME MORTGAGE CORPORATION 1 5.50% $19,101
    JMJ FINANCIAL GROUP 1 4.88% $25,066
    ZILLOW HOME LOANS, LLC 1 6.13% $5,552
    Goldwater Bank, N.A. 1 7.13% $10,796
    LADERA LENDING, INC. 1 6.00% $13,884
    F & M Bank 1 5.25% $5,000
    ONY GLO, INC. 1 5.25% $13,688
    FirstTrust Home Loans, Inc. 1 6.63% $27,774
    First Savings Bank 1 5.50% $10,663
    Gulf Coast Bank and Trust Company 1 6.13% $10,058
    LRS FINANCIAL NETWORK, INC. 1 7.25% $26,956
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.50% $10,732
    Preston Home Loans Inc 1 6.75% $7,771
    UNION SQUARE 1 6.25% $4,950
    United Texas Credit Union 1 6.25% $11,829
    FIRST COMMUNITY MORTGAGE, INC. 1 7.13% $11,090
    BARTON CREEK LENDING GROUP, LLC 1 6.25% $18,519
    FIRST COLONY MORTGAGE CORPORATION 1 5.00% $36,663
    First-Citizens Bank & Trust Company 1 5.75% $4,151
    FirstBank 1 7.00% $7,792
    RANLIFE, INC. 1 6.75% $14,595
    RB MORTGAGE LLC 1 6.00% $3,106
    Regions Bank 1 5.63% $19,596

    The top Dallas VA lender as defined by loan originations is Mortgage Research Center, LLC, with 907 VA loans originated. Their average total fees are $9,069, which is $437 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Dallas VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($4,507), CHERRY CREEK MORTGAGE, LLC ($4,701), MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,072), Independent Bank ($5,361) and Wells Fargo Bank ($5,991).

    The lowest rate Dallas VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.07%), DHI MORTGAGE COMPANY, LTD. (5.37%), INSPIRE HOME LOANS INC. (5.57%), PENTAGON FEDERAL CREDIT UNION (5.60%) and JET HOMELOANS, LLC (5.62%).

    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.