Granbury VA Loan Rates, Closing Costs & Stats

Granbury, TX

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.

Granbury's 72 lenders originated 181 VA loans during 2022. The total origination value was $63,885,000, with an average VA loan value of $352,956.

Granbury VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Granbury averaged 6.69% for the week of 2024-03-01, compared to the national average (all VA variants) of 6.517% for the same period.

Granbury's average VA mortgage closing costs are $6,531.

The average rate for the prior week (2024-02-23) was 6.62% and one month ago for the week of 2024-01-26, the average rate was 6.15%.

The average rate one year ago was 6.39%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.82%.

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

Granbury 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 Granbury level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 23 4.79% $7,695
UNITED WHOLESALE MORTGAGE, LLC 8 5.08% $5,152
SFMC, LP 8 4.60% $13,783
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 5.27% $7,044
Gateway First Bank 7 4.45% $6,195
NAVY FEDERAL CREDIT UNION 6 3.69% $9,427
EVERETT FINANCIAL, INC. 6 5.06% $4,297
USAA Federal Savings Bank 5 3.80% $9,917
CARDINAL FINANCIAL 5 5.18% $15,525
GUILD MORTGAGE COMPANY 5 5.43% $13,487
AMCAP MORTGAGE, LTD. 4 5.06% $10,631
ACADEMY MORTGAGE CORPORATION 4 4.97% $9,800
FREEDOM MORTGAGE CORPORATION 3 3.25% $7,968
CMG MORTGAGE, INC. 3 4.00% $13,146
HOME POINT FINANCIAL CORPORATION 3 4.75% $10,208
QUICKEN LOANS, LLC 3 4.66% $13,696
GUARANTEED RATE, INC. 3 4.25% $11,437
First Financial Bank 3 3.75% $10,692
Paramount Residential Mortgage Group, Inc. 2 3.50% $15,333
AMERICAN PACIFIC MORTGAGE CORPORATION 2 5.19% $5,930
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 4.50% $8,337
ASPIRE FINANCIAL, INC. 2 3.88% $11,961
CALIBER HOME LOANS, INC. 2 4.98% $5,795
DHI MORTGAGE COMPANY, LTD. 2 2.75% $10,460
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 3.75% $8,312
MORTGAGE FINANCIAL SERVICES, LLC 2 4.69% $6,512
PENNYMAC LOAN SERVICES, LLC 2 2.94% $7,028
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.06% $5,071
SUN WEST MORTGAGE COMPANY, INC. 2 5.63% $28,932
Trinity Oaks Mortgage, LLC 2 5.00% $9,750
GREAT WESTERN FINANCIAL SERVICES, INC. 1 4.75% $24,527
GUARANTEED RATE AFFINITY, LLC 1 2.25% $4,024
CROSSCOUNTRY MORTGAGE, LLC 1 6.13% $11,832
Credence Funding Corporation 1 3.13% $2,288
WILLOW BEND MORTGAGE COMPANY, LLC 1 4.50% $34,446
Colonial Savings, F.A. 1 2.40% $12,261
INTEGRITY MORTGAGE CORPORATION OF TEXAS 1 6.25% $22,712
KELLER MORTGAGE, LLC 1 6.75% $23,202
KeyBank 1 4.75% $4,923
LAKEVIEW LOAN SERVICING, LLC 1 2.50% $4,758
LHM FINANCIAL CORPORATION 1 5.25% $4,997
LOANDEPOT.COM, LLC 1 4.99% $11,631
Low VA Rates, LLC 1 5.00% $3,740
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.25% $14,210
Mid-Continent Funding, Inc. 1 4.25% $12,255
AXIA FINANCIAL, LLC 1 4.50% $4,358
City Bank 1 5.91% $6,527
Mr. Cooper ( Nationstar Mortgage ) 1 2.75% $492
MUTUAL OF OMAHA MORTGAGE, INC. 1 2.75% $6,893
CHURCHILL MORTGAGE CORPORATION 1 4.75% $7,264
Neighborhood Loans, Inc. 1 6.00% $9,703
NEWREZ LLC 1 4.38% $14,762
Paramount Bank 1 4.38% $14,762
Chambers Bank 1 4.00% $8,193
Affiliated Bank 1 6.75% $12,497
PLANET HOME LENDING, LLC 1 4.50% $10,083
PREMIER LENDING, INC. 1 5.75% $6,677
VILLAGE CAPITAL MORTGAGE 1 3.63% $3,233
Carrington Mortgage Services, LLC 1 4.38% $1,390
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 5.99% $5,528
Barrington Bank & Trust Company, N.A. 1 6.75% $10,081
SOUTHWEST STAGE FUNDING, LLC 1 5.88% $11,212
Watermark Capital, Inc. 1 4.75% $5,374
The Home Loan Expert LLC 1 5.99% $5,185
THRIVE MORTGAGE, LLC 1 4.13% $6,920
Town Square Mortgage & Investments, Inc. 1 5.38% $2,918
FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.63% $2,907
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 5.63% $9,190
Flagstar Bank, FSB 1 6.75% $0
Equity Prime Mortgage LLC 1 4.88% $6,742
DRAPER AND KRAMER MORTGAGE CORP. 1 5.25% $8,755
GMFS LLC 1 5.63% $16,355

The top Granbury VA lender as defined by loan originations is Mortgage Research Center, LLC, with 23 VA loans originated. Their average total fees are $7,695, which is $2,543 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Granbury VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,695), .

The lowest rate Granbury VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (4.79%), .

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.