Dover VA Loan Rates, Closing Costs & Stats

DOVER, DE

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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.

    Dover's 96 lenders originated 799 VA loans during 2024. The total origination value was $291,175,000, with an average VA loan value of $364,424.

    Dover VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Dover averaged 0.11% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Dover's average VA mortgage closing costs are $7,587.

    The average rate for the prior week (2025-06-27) was 6.34% and one month ago for the week of 2025-05-30, the average rate was 6.67%.

    The average rate one year ago was 6.68%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.06%.

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

    Dover 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 Dover level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 77 6.45% $8,202
    UNITED WHOLESALE MORTGAGE, LLC 58 5.83% $11,262
    Keystone Funding, Inc. 54 6.18% $12,563
    DHI MORTGAGE COMPANY, LTD. 46 5.31% $11,064
    FREEDOM MORTGAGE CORPORATION 45 5.95% $9,303
    QUICKEN LOANS, LLC 41 6.14% $12,133
    NAVY FEDERAL CREDIT UNION 20 5.87% $8,134
    NVR Mortgage Finance, Inc. 19 6.28% $4,720
    Meridian Bank Corporation 19 6.03% $14,700
    PIKE CREEK MORTGAGE SERVICES, INC. 17 6.08% $12,275
    PENNYMAC LOAN SERVICES, LLC 17 5.87% $9,272
    LOANDEPOT.COM, LLC 16 6.07% $10,947
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 16 6.10% $9,648
    The Federal Savings Bank 15 6.14% $16,892
    CROSSCOUNTRY MORTGAGE, LLC 15 6.30% $9,303
    NEW DAY FINANCIAL, LLC 14 7.47% $13,190
    NEWREZ LLC 14 5.87% $8,261
    VILLAGE CAPITAL MORTGAGE 12 5.94% $8,115
    CMG MORTGAGE, INC. 11 6.01% $10,859
    GUILD MORTGAGE COMPANY 10 6.04% $12,921
    EAGLE HOME MORTGAGE, LLC 10 6.10% $6,048
    MOVEMENT MORTGAGE, LLC 9 6.21% $11,228
    USAA Federal Savings Bank 9 6.25% $7,639
    PLANET HOME LENDING, LLC 8 5.36% $6,056
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 6.31% $10,890
    CARDINAL FINANCIAL 8 6.26% $10,274
    HOMESIDE FINANCIAL, LLC 8 6.58% $16,943
    PRIMARY RESIDENTIAL MORTGAGE, INC. 7 6.29% $7,301
    NFM, INC. 7 6.30% $11,883
    MICHIGAN MUTUAL, INC. 7 6.36% $7,740
    American Mortgage & Equity Consultants, Inc. 6 6.56% $12,953
    Magnolia Bank 6 5.81% $21,442
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 6.00% $7,896
    ALLIED MORTGAGE GROUP, INC. 5 6.75% $13,212
    Mr. Cooper ( Nationstar Mortgage ) 5 6.65% $8,751
    LAKEVIEW LOAN SERVICING, LLC 5 5.85% $8,894
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.21% $5,911
    PLAZA HOME MORTGAGE, INC. 4 6.12% $19,920
    HOMEBRIDGE FINANCIAL SERVICES, INC. 4 6.22% $3,475
    TIDEWATER MORTGAGE SERVICES, INC. 4 6.56% $12,754
    Equity Prime Mortgage LLC 3 6.58% $9,357
    BROKER SOLUTIONS, INC. 3 5.96% $11,839
    Carrington Mortgage Services, LLC 3 6.04% $13,335
    AmeriHome Mortgage Company, LLC 3 6.04% $8,710
    RELIANCE FIRST CAPITAL, LLC 3 6.54% $16,453
    Plains Commerce Bank 3 6.00% $10,662
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.54% $18,293
    Barrington Bank & Trust Company, N.A. 3 6.08% $6,202
    EMBRACE HOME LOANS, INC. 2 5.75% $16,679
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.38% $9,610
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 5.94% $23,667
    CHURCHILL MORTGAGE CORPORATION 2 5.81% $22,961
    First Federal Bank 2 5.69% $3,728
    GUARANTEED RATE AFFINITY, LLC 2 6.73% $13,220
    MEMBER FIRST MORTGAGE, LLC 2 7.13% $7,952
    MLD MORTGAGE INC. 2 6.81% $7,562
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.44% $6,025
    NBKC BANK 2 6.00% $9,187
    PENTAGON FEDERAL CREDIT UNION 2 6.00% $3,871
    PHH Mortgage Corporation 2 5.74% $6,357
    Prosperity Home Mortgage, LLC 2 6.06% $9,061
    Waterstone Mortgage Corporation 2 6.63% $24,312
    U.S. Bank 1 6.75% $9,994
    MORTGAGE EQUITY PARTNERS LLC 1 6.75% $14,182
    NEW FED MORTGAGE, CORP. 1 6.25% $13,159
    MDE Home Loans, LLC 1 6.50% $1,511
    LOANPAL, LLC 1 6.38% $18,246
    North American Savings Bank, F.S.B. 1 5.13% $24,800
    Northpointe Bank 1 5.75% $4,885
    JPMorgan Chase Bank 1 5.25% $4,001
    Ixonia Bank 1 6.75% $16,535
    Acre Mortgage and Financial Inc 1 6.25% $17,573
    Wilmington Savings Fund Society, FSB 1 6.25% $3,903
    HOMESTEAD FUNDING CORP. 1 6.13% $3,034
    GREENTREE MORTGAGE COMPANY, L.P. 1 6.75% $8,826
    FIRST HOME MORTGAGE CORPORATION 1 5.13% $33,098
    FIDELITY DIRECT MORTGAGE, LLC 1 6.75% $6,459
    Evolve Bank & Trust 1 6.00% $9,085
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.00% $13,090
    Wells Fargo Bank 1 6.63% $11,465
    Credence Funding Corporation 1 5.63% $2,839
    Cornerstone First Mortgage, Inc 1 6.63% $11,043
    SeaTrust Mortgage Company 1 6.99% $12,113
    South State Bank 1 6.38% $15,474
    SUN WEST MORTGAGE COMPANY, INC. 1 6.34% $3,780
    Texana Bank 1 6.63% $21,975
    The Dart Bank 1 5.75% $7,826
    Capital Bank 1 5.75% $10,771
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 5.63% $0
    Armed Forces Bank 1 5.25% $11,511
    AMERISAVE MORTGAGE CORPORATION 1 6.00% $16,404
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.25% $18,771
    NATION ONE MORTGAGE CORPORATION 1 5.75% $7,568
    Nations Lending Corporation 1 5.75% $18,089
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.25% $5,343
    M&T Bank 1 5.75% $12,857

    The top Dover VA lender as defined by loan originations is Mortgage Research Center, LLC, with 77 VA loans originated. Their average total fees are $8,202, which is $3,059 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Dover VA lenders (with over 10 loans originated) are NVR Mortgage Finance, Inc. ($4,720), EAGLE HOME MORTGAGE, LLC ($6,048), VILLAGE CAPITAL MORTGAGE ($8,115), NAVY FEDERAL CREDIT UNION ($8,134) and Mortgage Research Center, LLC ($8,202).

    The lowest rate Dover VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.31%), UNITED WHOLESALE MORTGAGE, LLC (5.83%), PENNYMAC LOAN SERVICES, LLC (5.87%), NAVY FEDERAL CREDIT UNION (5.87%) and NEWREZ LLC (5.87%).

    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.