Dover VA Loan Rates, Closing Costs & Stats
DOVER, DE
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
0.41%
for the week of 2025-06-20, 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 (2025-06-13) was
6.45% and
one month ago for the week of 2025-05-16, the
average rate was 6.41%.
The average rate one year ago was 6.81%.
For refis of the same type during the week of 2025-06-20, 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.