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.