Fayetteville VA Loan Rates, Closing Costs & Stats

FAYETTEVILLE-SPRINGDALE-ROGERS, AR

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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.

    Fayetteville's 106 lenders originated 1,000 VA loans during 2024. The total origination value was $359,680,000, with an average VA loan value of $359,680.

    Fayetteville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Fayetteville averaged 0.5% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Fayetteville's average VA mortgage closing costs are $5,918.

    The average rate for the prior week (2025-06-27) was 6.83% and one month ago for the week of 2025-05-30, the average rate was 6.76%.

    The average rate one year ago was 6.67%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.05%.

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

    Fayetteville 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 Fayetteville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 149 6.33% $5,477
    QUICKEN LOANS, LLC 73 6.04% $11,219
    UNITED WHOLESALE MORTGAGE, LLC 65 5.72% $8,813
    Arvest Bank 50 6.23% $4,929
    NAVY FEDERAL CREDIT UNION 41 5.87% $5,035
    FREEDOM MORTGAGE CORPORATION 38 6.18% $8,470
    FLAT BRANCH MORTGAGE, INC. 34 6.18% $7,947
    USAA Federal Savings Bank 31 6.24% $7,991
    DHI MORTGAGE COMPANY, LTD. 29 5.53% $7,232
    PENNYMAC LOAN SERVICES, LLC 28 5.58% $7,675
    Centennial Bank 26 6.10% $10,070
    NEWREZ LLC 16 5.81% $7,634
    GERSHMAN INVESTMENT CORP. 15 5.95% $7,687
    ASSOCIATED MORTGAGE CORPORATION 15 6.17% $7,453
    NEW DAY FINANCIAL, LLC 13 7.45% $10,951
    Priority Bank 12 5.84% $7,111
    Gateway First Bank 11 6.19% $5,071
    First Horizon Bank 11 6.13% $6,487
    MY MOVE MORTGAGE, LLC 11 6.15% $11,811
    LOANDEPOT.COM, LLC 10 5.95% $10,224
    MORTGAGE SOLUTIONS OF COLORADO, LLC 10 7.24% $6,411
    PLANET HOME LENDING, LLC 10 6.00% $3,348
    The Federal Savings Bank 9 6.42% $14,232
    First Federal Bank 8 5.50% $5,415
    NBKC BANK 8 6.33% $4,425
    VILLAGE CAPITAL MORTGAGE 7 5.60% $4,742
    Paramount Residential Mortgage Group, Inc. 7 6.30% $7,944
    Eagle Bank and Trust Company 7 5.86% $6,310
    ENCORE BANK 7 6.18% $8,956
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.81% $6,066
    LAKEVIEW LOAN SERVICING, LLC 6 5.56% $5,034
    Mr. Cooper ( Nationstar Mortgage ) 6 6.40% $7,691
    BROKER SOLUTIONS, INC. 6 6.50% $13,789
    Flagstar Bank, FSB 5 6.33% $5,107
    PENTAGON FEDERAL CREDIT UNION 5 6.18% $3,057
    VERITAS FUNDING, LLC 5 6.33% $19,318
    American Mortgage & Equity Consultants, Inc. 5 6.83% $14,943
    GUARANTEED RATE, INC. 5 5.84% $8,342
    GUILD MORTGAGE COMPANY 5 6.03% $11,723
    CLEARPATH LENDING 5 5.72% $5,227
    CROSSCOUNTRY MORTGAGE, LLC 5 6.43% $7,441
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 4 6.41% $5,020
    Carrington Mortgage Services, LLC 4 5.69% $12,295
    U.S. Bank 4 6.56% $6,460
    T2 FINANCIAL LLC 4 6.28% $17,045
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 6.31% $7,006
    AMERICAN FINANCIAL RESOURCES, INC. 4 6.94% $12,945
    Barrington Bank & Trust Company, N.A. 4 6.00% $7,257
    First Security Bank 3 5.83% $15,178
    The Central Trust Bank 3 6.37% $3,115
    Texana Bank 3 6.54% $4,443
    American Mortgage Bank, LLC 3 6.42% $7,149
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.71% $2,730
    Plains Commerce Bank 3 6.08% $10,840
    AMERISAVE MORTGAGE CORPORATION 3 4.96% $17,440
    Equity Prime Mortgage LLC 3 7.54% $4,284
    LEADERONE FINANCIAL CORPORATION 3 6.08% $11,722
    LOANPAL, LLC 3 5.46% $17,079
    Mortgage Assurance Inc. 3 6.46% $7,632
    COMMUNITY MORTGAGE CORPORATION 3 6.25% $5,255
    PHH Mortgage Corporation 2 6.13% $4,322
    AMERICAN FINANCIAL NETWORK, INC. 2 6.69% $1,096
    CMG MORTGAGE, INC. 2 6.38% $4,470
    Bank of England 2 6.31% $3,477
    Armed Forces Bank 2 5.75% $6,537
    HOMESIDE FINANCIAL, LLC 2 6.75% $7,131
    Regions Bank 2 6.13% $4,022
    Prosperity Home Mortgage, LLC 2 6.06% $13,627
    FIRST WESTERN MORTGAGE, INC. 2 6.25% $2,472
    ENDEAVOR CAPITAL, LLC. 2 6.31% $7,081
    First Financial Bank 2 5.50% $5,523
    ZILLOW HOME LOANS, LLC 1 5.00% $12,113
    AMERICAN FINANCING CORPORATION 1 6.25% $12,960
    BancorpSouth 1 6.63% $3,451
    Bank of America 1 5.50% $6,597
    CARDINAL FINANCIAL 1 5.25% $8,771
    Century Mortgage Company DBA Century Lending Company 1 5.75% $4,195
    DAS Acquisition Company, LLC 1 6.50% $3,539
    DELMAR FINANCIAL COMPANY 1 6.75% $2,773
    ENVOY MORTGAGE, LTD 1 6.63% $4,019
    Evolve Bank & Trust 1 5.75% $5,307
    Farmers Bank & Trust 1 6.25% $7,268
    Fifth Third Bank 1 6.13% $0
    Firstar Bank 1 5.25% $13,520
    First Community Bank 1 5.50% $5,388
    First Merchants Bank 1 6.63% $2,076
    GENEVA FINANCIAL, LLC 1 6.63% $10,062
    GMFS LLC 1 6.75% $119
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $1,221
    Ixonia Bank 1 6.25% $15,791
    MID AMERICA MORTGAGE, INC. 1 5.88% $3,246
    Mortgage Investment Services Corporation 1 5.75% $4,909
    MORTGAGE INVESTORS GROUP, INC. 1 5.63% $1,408
    MORTGAGEONE, INC. 1 6.75% $6,654
    NEXERA HOLDING LLC 1 6.75% $3,241
    Paramount Bank 1 6.13% $2,204
    Renasant Bank 1 5.63% $8,179
    RUOFF MORTGAGE COMPANY, INC. 1 6.75% $9,173
    Service Federal Credit Union 1 6.00% $1,430
    Sierra Pacific Mortgage Company, Inc. 1 6.25% $15,422
    Simmons Bank 1 5.75% $22,288
    SOUTHWEST STAGE FUNDING, LLC 1 5.88% $18
    Springfield First Community Bank 1 6.75% $3,690
    Sunflower Bank 1 6.13% $5,224
    SUN WEST MORTGAGE COMPANY, INC. 1 6.00% $1,197
    Waterstone Mortgage Corporation 1 5.75% $19,589

    The top Fayetteville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 149 VA loans originated. Their average total fees are $5,477, which is $5,742 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Fayetteville VA lenders (with over 10 loans originated) are PLANET HOME LENDING, LLC ($3,348), Arvest Bank ($4,929), NAVY FEDERAL CREDIT UNION ($5,035), Gateway First Bank ($5,071) and Mortgage Research Center, LLC ($5,477).

    The lowest rate Fayetteville VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.53%), PENNYMAC LOAN SERVICES, LLC (5.58%), UNITED WHOLESALE MORTGAGE, LLC (5.72%), NEWREZ LLC (5.81%) and Priority Bank (5.84%).

    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.