Gainesville VA Loan Rates, Closing Costs & Stats

GAINESVILLE, FL

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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.

    Gainesville's 90 lenders originated 522 VA loans during 2024. The total origination value was $170,960,000, with an average VA loan value of $327,510.

    Gainesville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Gainesville averaged 0.22% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Gainesville's average VA mortgage closing costs are $6,550.

    The average rate for the prior week (2025-06-13) was 6.86% and one month ago for the week of 2025-05-16, the average rate was 6.92%.

    The average rate one year ago was 6.72%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.21%.

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

    Gainesville 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 Gainesville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 86 6.49% $5,675
    UNITED WHOLESALE MORTGAGE, LLC 70 5.93% $7,093
    FREEDOM MORTGAGE CORPORATION 28 6.18% $10,185
    DHI MORTGAGE COMPANY, LTD. 26 5.02% $7,695
    QUICKEN LOANS, LLC 25 6.08% $14,469
    AFFORDABLE MORTGAGE ADVISORS, LLC. 16 6.14% $10,265
    NAVY FEDERAL CREDIT UNION 11 5.92% $5,629
    LOANDEPOT.COM, LLC 10 6.18% $8,880
    Mortgage Lenders Investment Trading Corporation 10 6.80% $7,699
    USAA Federal Savings Bank 9 6.24% $6,647
    EAGLE HOME MORTGAGE, LLC 9 4.87% $6,411
    VILLAGE CAPITAL MORTGAGE 9 5.82% $7,305
    Ameris Bank 8 5.95% $9,229
    AMERICAN FINANCIAL NETWORK, INC. 8 6.39% $9,525
    NEWREZ LLC 8 6.52% $7,658
    FBC MORTGAGE, LLC 8 5.64% $7,445
    Advisors Mortgage Group, L.L.C. 6 6.31% $7,430
    PLANET HOME LENDING, LLC 6 5.60% $2,382
    PENNYMAC LOAN SERVICES, LLC 6 5.83% $9,859
    GUARANTEED RATE, INC. 6 6.30% $8,233
    Equity Prime Mortgage LLC 5 6.58% $9,648
    MOVEMENT MORTGAGE, LLC 5 6.83% $9,499
    Barrington Bank & Trust Company, N.A. 5 6.18% $11,885
    UNION HOME MORTGAGE CORP. 4 6.09% $7,647
    Mr. Cooper ( Nationstar Mortgage ) 4 6.34% $11,534
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 6.84% $999
    BROKER SOLUTIONS, INC. 4 6.94% $6,630
    THE MORTGAGE FIRM, INC. 4 6.56% $6,401
    NBKC BANK 3 5.87% $2,647
    NEW DAY FINANCIAL, LLC 3 7.74% $17,423
    Carrington Mortgage Services, LLC 3 6.38% $7,442
    Armed Forces Bank 3 6.13% $12,663
    First Federal Bank 3 6.54% $8,762
    LEADERONE FINANCIAL CORPORATION 3 6.83% $3,077
    Mid-Continent Funding, Inc. 3 6.38% $6,373
    CROSSCOUNTRY MORTGAGE, LLC 3 6.38% $2,815
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 6.50% $5,478
    Flagstar Bank, FSB 2 7.25% $13,677
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.50% $1,831
    HOMESIDE FINANCIAL, LLC 2 6.25% $10,865
    LAKEVIEW LOAN SERVICING, LLC 2 5.25% $4,311
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.75% $17,468
    NFM, INC. 2 6.69% $8,178
    Prosperity Home Mortgage, LLC 2 6.69% $6,316
    SUN WEST MORTGAGE COMPANY, INC. 2 5.81% $12,069
    The Federal Savings Bank 2 6.44% $9,488
    Wells Fargo Bank 2 6.75% $6,769
    GoPrime Mortgage, Inc. 1 7.50% $5,437
    MORTGAGE ACCESS CORP. 1 6.50% $5,148
    MORTGAGE FINANCIAL GROUP, INC. 1 7.25% $18,771
    First Option Mortgage, LLC 1 7.13% $3,448
    FIRST COMMUNITY MORTGAGE, INC. 1 7.13% $13,771
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $6,523
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.75% $10,559
    EVERETT FINANCIAL, INC. 1 7.63% $8,951
    U.S. Bank 1 6.63% $3,080
    NATIONS DIRECT MORTGAGE, LLC 1 6.75% $6,034
    DAS Acquisition Company, LLC 1 7.63% $367
    CLEARPATH LENDING 1 5.88% $2,613
    NETWORK CAPITAL FUNDING CORPORATION 1 5.75% $20,081
    Century Mortgage Company DBA Century Lending Company 1 5.75% $3,721
    CARDINAL FINANCIAL 1 7.13% $7,253
    Academy Bank 1 5.75% $2,804
    Capital City Home Loans, LLC 1 6.25% $6,428
    PHH Mortgage Corporation 1 4.99% $8,794
    CALCON MUTUAL MORTGAGE LLC 1 6.00% $11,542
    Waterstone Mortgage Corporation 1 6.25% $1,461
    1ST FINANCIAL, INC. 1 6.25% $12,815
    Regions Bank 1 7.25% $4,708
    ROSS MORTGAGE CORPORATION 1 6.63% $8,468
    SeaTrust Mortgage Company 1 6.13% $17,540
    Sierra Pacific Mortgage Company, Inc. 1 6.25% $12,931
    South State Bank 1 6.75% $11,420
    SOUTHWEST STAGE FUNDING, LLC 1 6.38% $104
    STOCKTON MORTGAGE CORPORATION 1 6.13% $18,649
    WATSON MORTGAGE CORP. 1 6.75% $5,373
    T2 FINANCIAL LLC 1 7.25% $4,053
    Texana Bank 1 6.38% $14,051
    ZILLOW HOME LOANS, LLC 1 7.25% $8,680
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.13% $8,636
    TOWNE MORTGAGE COMPANY 1 6.25% $3,649
    AmeriHome Mortgage Company, LLC 1 6.13% $5,229
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $5,148
    JMAC LENDING, INC. 1 5.75% $15,967
    Lakeview Community Capital, LLC 1 5.75% $5,716
    ALKAN MORTGAGE CORPORATION 1 5.75% $35,133
    Ixonia Bank 1 6.50% $22,248
    HOME SOLUTION LENDERS INC. 1 7.13% $4,808
    Magnolia Bank 1 5.75% $19,506
    METROPLEX MORTGAGE SERVICES, INC. 1 6.25% $5,326

    The top Gainesville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 86 VA loans originated. Their average total fees are $5,675, which is $1,419 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Gainesville VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($5,629), Mortgage Research Center, LLC ($5,675), UNITED WHOLESALE MORTGAGE, LLC ($7,093), DHI MORTGAGE COMPANY, LTD. ($7,695) and Mortgage Lenders Investment Trading Corporation ($7,699).

    The lowest rate Gainesville VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.02%), NAVY FEDERAL CREDIT UNION (5.92%), UNITED WHOLESALE MORTGAGE, LLC (5.93%), QUICKEN LOANS, LLC (6.08%) and AFFORDABLE MORTGAGE ADVISORS, LLC. (6.14%).

    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.