Jacksonville VA Loan Rates, Closing Costs & Stats

JACKSONVILLE, 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.

    Jacksonville's 199 lenders originated 5,878 VA loans during 2023. The total origination value was $2,195,170,000, with an average VA loan value of $373,455.

    Jacksonville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Jacksonville averaged 6.12% for the week of 2024-11-08, compared to the national average (all VA variants) of 6.34% for the same period.

    Jacksonville's average VA mortgage closing costs are $7,248.

    The average rate for the prior week (2024-11-01) was 6.38% and one month ago for the week of 2024-10-04, the average rate was 5.6%.

    The average rate one year ago was 7.36%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.53%.

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

    Jacksonville 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 Jacksonville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 647 6.42% $8,095
    UNITED WHOLESALE MORTGAGE, LLC 637 6.20% $10,171
    DHI MORTGAGE COMPANY, LTD. 509 5.30% $5,961
    NAVY FEDERAL CREDIT UNION 393 5.74% $7,927
    QUICKEN LOANS, LLC 258 6.07% $14,468
    EAGLE HOME MORTGAGE, LLC 181 5.00% $6,976
    JET HOMELOANS, LLC 176 5.75% $9,083
    KBHS HOME LOANS, LLC 148 5.90% $13,197
    FREEDOM MORTGAGE CORPORATION 142 6.37% $16,750
    Bank of England 141 6.09% $13,232
    LOANDEPOT.COM, LLC 126 6.26% $12,545
    HOMEAMERICAN MORTGAGE CORPORATION 112 5.57% $6,233
    MOVEMENT MORTGAGE, LLC 88 6.34% $11,302
    PULTE MORTGAGE LLC 86 5.83% $7,062
    CROSSCOUNTRY MORTGAGE, LLC 80 6.53% $11,979
    MATTAMY HOME FUNDING, LLC 73 5.84% $11,439
    Ameris Bank 71 6.20% $15,324
    USAA Federal Savings Bank 59 6.27% $10,710
    CARDINAL FINANCIAL 52 6.57% $11,280
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 52 6.55% $8,935
    NEW DAY FINANCIAL, LLC 49 7.44% $15,830
    PENNYMAC LOAN SERVICES, LLC 49 5.97% $13,434
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 48 6.40% $9,551
    Prosperity Home Mortgage, LLC 45 5.96% $12,973
    CHURCHILL MORTGAGE CORPORATION 40 6.44% $11,153
    Equity Prime Mortgage LLC 38 6.90% $11,152
    Mr. Cooper ( Nationstar Mortgage ) 36 5.97% $20,267
    FBC MORTGAGE, LLC 36 5.41% $8,982
    WATSON MORTGAGE CORP. 34 6.16% $11,086
    CMG MORTGAGE, INC. 34 6.29% $11,904
    VILLAGE CAPITAL MORTGAGE 33 6.29% $13,085
    MORTGAGE SOLUTIONS OF COLORADO, LLC 32 7.59% $4,316
    INSPIRE HOME LOANS INC. 32 5.68% $7,110
    AMERICAN PACIFIC MORTGAGE CORPORATION 31 6.66% $12,061
    First Federal Bank 26 6.29% $9,150
    UNION HOME MORTGAGE CORP. 26 6.46% $12,278
    TBI MORTGAGE COMPANY 25 5.76% $17,139
    FIRST EQUITY MORTGAGE INCORPORATED 24 5.75% $14,026
    The Federal Savings Bank 24 6.17% $19,395
    NBKC BANK 23 5.67% $9,315
    U.S. Bank 23 6.10% $11,608
    AMERISAVE MORTGAGE CORPORATION 22 5.41% $21,791
    NEWREZ LLC 22 6.19% $15,428
    Plains Commerce Bank 22 6.06% $14,847
    GUARANTEED RATE, INC. 22 6.02% $8,112
    Regions Bank 21 6.08% $14,720
    PENTAGON FEDERAL CREDIT UNION 20 5.54% $9,231
    PLAZA HOME MORTGAGE, INC. 20 6.37% $16,874
    SWBC MORTGAGE CORPORATION 19 6.59% $7,839
    STOCKTON MORTGAGE CORPORATION 18 6.18% $8,800
    South Pacific Financial Corporation 18 5.46% $10,082
    GUARANTEED RATE AFFINITY, LLC 18 6.26% $9,357
    Paramount Residential Mortgage Group, Inc. 18 6.30% $13,973
    Century Mortgage Company DBA Century Lending Company 18 6.20% $11,792
    Flagstar Bank, FSB 17 6.36% $9,826
    ENVOY MORTGAGE, LTD 16 6.39% $13,891
    ACADEMY MORTGAGE CORPORATION 16 6.59% $13,518
    Mid-Continent Funding, Inc. 16 6.20% $15,168
    NVR Mortgage Finance, Inc. 16 5.05% $10,697
    PLANET HOME LENDING, LLC 15 5.97% $14,382
    RESOURCE FINANCIAL SERVICES, INC. 14 6.59% $9,317
    BROKER SOLUTIONS, INC. 14 6.47% $14,587
    SUN WEST MORTGAGE COMPANY, INC. 14 6.73% $11,726
    EMM LOANS LLC 14 6.59% $12,839
    ACOPIA, LLC 14 6.46% $8,152
    EVERETT FINANCIAL, INC. 13 7.08% $9,027
    MUTUAL OF OMAHA MORTGAGE, INC. 13 6.26% $15,689
    Wells Fargo Bank 12 5.75% $9,108
    Network Funding, L.P. 12 6.63% $13,554
    PRIMELENDING, A PLAINSCAPITAL COMPANY 11 6.44% $10,248
    Keystone Funding, Inc. 11 6.02% $14,001
    LAKEVIEW LOAN SERVICING, LLC 11 5.85% $14,624
    HOMEBRIDGE FINANCIAL SERVICES, INC. 10 6.34% $10,356
    VYSTAR 10 6.69% $9,159
    Barrington Bank & Trust Company, N.A. 10 6.44% $11,844
    Waterstone Mortgage Corporation 9 6.71% $14,950
    AMERICAN FINANCIAL NETWORK, INC. 9 6.57% $7,700
    SUCCESS MORTGAGE PARTNERS, INC. 9 6.74% $11,596
    Summit Mortgage Corporation 9 6.47% $7,610
    Gateway First Bank 8 6.53% $9,143
    NFM, INC. 7 6.43% $15,187
    Citizens Bank 7 5.86% $11,094
    HOMEOWNERS FINANCIAL GROUP USA, LLC 7 6.48% $11,862
    MICHIGAN MUTUAL, INC. 6 5.85% $8,613
    Presidential Bank, FSB 6 6.23% $10,535
    RESIDENTIAL BANCORP 6 6.29% $14,571
    LOANPAL, LLC 6 6.04% $10,751
    HOMESTAR FINANCIAL CORPORATION 6 6.48% $13,080
    Renasant Bank 6 5.94% $5,710
    NETWORK CAPITAL FUNDING CORPORATION 6 5.90% $18,744
    NORWICH COMMERCIAL GROUP, INC. 5 6.43% $18,177
    NATIONS DIRECT MORTGAGE, LLC 5 6.90% $11,673
    AMCAP MORTGAGE, LTD. 5 7.05% $17,384
    CONTOUR MORTGAGE CORPORATION 5 6.35% $16,954
    Mortgage Lenders Investment Trading Corporation 5 6.65% $7,305
    CALIBER HOME LOANS, INC. 5 5.95% $7,147
    First Option Mortgage, LLC 5 7.10% $11,521
    VERITAS FUNDING, LLC 4 6.69% $22,613
    BAY EQUITY LLC 4 6.00% $10,929
    MORTGAGE 1 INCORPORATED 4 6.31% $4,761
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.13% $9,492
    AMERICAN FINANCIAL RESOURCES, INC. 4 6.00% $10,012
    OCMBC, INC. 4 7.00% $7,836
    RELIANCE FIRST CAPITAL, LLC 4 6.47% $12,733
    Nations Lending Corporation 3 6.00% $11,385
    GUILD MORTGAGE COMPANY 3 7.00% $12,170
    LEADERONE FINANCIAL CORPORATION 3 6.38% $17,340
    TOWNE MORTGAGE COMPANY 3 6.21% $13,905
    PREMIA MORTGAGE, LLC 3 5.46% $5,965
    South State Bank 3 6.25% $18,736
    Fifth Third Bank 3 6.08% $4,358
    THE MORTGAGE FIRM, INC. 3 6.75% $12,455
    Sierra Pacific Mortgage Company, Inc. 3 5.63% $13,734
    BNC National Bank 3 5.38% $11,842
    JPMorgan Chase Bank 3 5.75% $6,738
    Towne Bank 3 7.04% $11,472
    Florida Capital Bank 3 6.54% $11,681
    SeaTrust Mortgage Company 3 6.38% $14,574
    Ixonia Bank 3 7.04% $11,297
    United Community Bank 3 6.54% $9,779
    GENEVA FINANCIAL, LLC 3 6.63% $20,695
    SUMMIT FUNDING, INC. 2 6.50% $4,065
    CBM Mortgage, Inc. 2 6.25% $19,079
    Lakeview Community Capital, LLC 2 5.75% $11,848
    Capital City Home Loans, LLC 2 6.19% $7,115
    Strong Home Mortgage, LLC 2 5.63% $4,817
    PNC Bank 2 6.63% $5,524
    MILEND, INC. 2 6.50% $25,024
    FIDELITY BANK 2 6.75% $16,444
    SECURITYNATIONAL MORTGAGE COMPANY 2 5.88% $17,531
    Bell Bank 2 6.38% $10,616
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.25% $11,502
    University Bank 2 6.25% $15,964
    HOMESIDE FINANCIAL, LLC 2 6.19% $10,634
    Truist 2 6.75% $4,195
    GUARANTY HOME MORTGAGE CORPORATION 2 6.94% $11,628
    VAN DYK MORTGAGE CORPORATION 2 7.13% $8,438
    BAYSHORE MORTGAGE FUNDING, LLC 2 7.00% $19,785
    NATIONWIDE MORTGAGE BANKERS, INC. 2 6.50% $9,789
    TOP FLITE FINANCIAL, INC. 2 7.00% $17,878
    EMBRACE HOME LOANS, INC. 2 6.19% $17,140
    NBH Bank 2 6.06% $7,130
    First Savings Bank 2 5.69% $26,358
    GSF Mortgage Corporation 2 7.00% $9,814
    The Central Trust Bank 2 5.56% $5,727
    Franklin Loan Corporation 2 5.75% $24,541
    Farmers Bank & Trust 2 5.44% $5,801
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 7.00% $3,794
    PACIFIC RESIDENTIAL MORTGAGE, LLC 2 6.19% $11,977
    Sunflower Bank 2 5.81% $12,385
    Residential Mortgage Solutions, Inc. 1 7.75% $19,090
    GoPrime Mortgage, Inc. 1 7.00% $7,299
    Heartland Bank 1 6.50% $20,537
    HomePromise Corporation 1 5.75% $14,819
    Hometown Equity Mortgage, LLC 1 6.38% $9,485
    INTERSTATE HOME LOAN CENTER, INC. 1 6.13% $11,239
    JMAC LENDING, INC. 1 6.50% $13,782
    FIRST HOME MORTGAGE CORPORATION 1 6.50% $17,858
    KELLER MORTGAGE, LLC 1 5.75% $2,880
    LADERA LENDING, INC. 1 6.63% $13,326
    LIBERTY HOME MORTGAGE CORPORATION 1 6.25% $25,865
    FIRST COMMUNITY MORTGAGE, INC. 1 7.25% $17,660
    Meridian Bank Corporation 1 6.50% $12,987
    MORTGAGEONE, INC. 1 7.88% $5,977
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.25% $18,657
    ENDEAVOR CAPITAL, LLC. 1 6.25% $4,428
    M&T Bank 1 5.63% $6,070
    Wolfe Financial, Inc 1 5.88% $3,678
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.75% $13,477
    DAS Acquisition Company, LLC 1 5.75% $17,384
    CORNERSTONE HOME LENDING, INC. 1 6.25% $7,314
    Cornerstone First Mortgage, Inc 1 7.50% $5,080
    NexBank 1 5.63% $16,490
    North American Savings Bank, F.S.B. 1 5.50% $2,897
    COMMUNITY MORTGAGE CORPORATION 1 5.25% $15,588
    PHH Mortgage Corporation 1 6.49% $8,495
    Capital Bank 1 7.25% $23,464
    CANOPY MORTGAGE, LLC 1 6.99% $10,065
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.75% $13,150
    Blue Ridge Bank 1 5.50% $6,629
    RESIDENTIAL HOME MORTGAGE CORPORATION 1 5.50% $15,065
    ROYAL UNITED MORTGAGE LLC 1 6.75% $11,631
    Sandy Spring Bank 1 5.75% $19,843
    SIRVA MORTGAGE, INC. 1 5.25% $10,673
    Southern First Bank 1 6.25% $16,700
    SOUTHERN TRUST MORTGAGE, LLC 1 5.50% $16,537
    SOUTHWEST STAGE FUNDING, LLC 1 5.88% $0
    STAUNTON FINANCIAL, INC. 1 6.13% $5,133
    Assurance Financial Group, L.L.C. 1 5.75% $8,899
    Synovus Bank 1 6.25% $7,298
    Armed Forces Bank 1 7.13% $5,995
    Tidewater Home Funding, LLC 1 5.25% $10,406
    TIDEWATER MORTGAGE SERVICES, INC. 1 6.63% $21,621
    Towne Mortgage, LLC 1 6.00% $15,359
    UNION CAPITAL MORTGAGE CORPORATION 1 6.63% $26,507
    American Mortgage & Equity Consultants, Inc. 1 7.13% $20,376
    Advisors Mortgage Group, L.L.C. 1 6.50% $21,337
    Advance Financial Group, LLC 1 6.75% $11,475
    Western Ohio Mortgage Corporation 1 6.50% $9,195

    The top Jacksonville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 647 VA loans originated. Their average total fees are $8,095, which is $2,076 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Jacksonville VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,316), DHI MORTGAGE COMPANY, LTD. ($5,961), HOMEAMERICAN MORTGAGE CORPORATION ($6,233), EAGLE HOME MORTGAGE, LLC ($6,976) and PULTE MORTGAGE LLC ($7,062).

    The lowest rate Jacksonville VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.00%), NVR Mortgage Finance, Inc. (5.05%), DHI MORTGAGE COMPANY, LTD. (5.30%), AMERISAVE MORTGAGE CORPORATION (5.41%) and FBC MORTGAGE, LLC (5.41%).

    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.