Lake Havasu City VA Loans
LAKE HAVASU CITY-KINGMAN, AZ
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 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.
Lake Havasu City's 130 lenders originated 2,070 VA
loans during 2021. The total origination value was $517,760,000, with an average VA loan value of
$250,126.
Lake Havasu City VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Lake Havasu City
averaged
5.43%
for the week of 2022-05-20, compared to the national average (all VA variants) of
5.143% for the same period.
The average rate for the prior week (2022-05-13) was
5.64% and
one month ago for the week of 2022-04-15, the
average rate was 5.21%.
The average rate one year ago was 3.1%.
For refis of the same type during the week of 2022-05-20, the average rate
was 5.14%.
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.
Lake Havasu City VA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender
at the Lake Havasu City level.
Name |
# of Loans |
2021 Avg. 30yFix Rate |
2021 Avg. Total Fees |
FREEDOM MORTGAGE CORPORATION
|
181
|
2.46%
|
$3,021
|
QUICKEN LOANS, LLC
|
169
|
2.43%
|
$5,192
|
Mortgage Research Center, LLC
|
141
|
2.81%
|
$5,996
|
UNITED WHOLESALE MORTGAGE, LLC
|
110
|
2.55%
|
$6,471
|
NEW DAY FINANCIAL, LLC
|
87
|
2.75%
|
$7,555
|
BROKER SOLUTIONS, INC.
|
82
|
3.02%
|
$7,245
|
PENNYMAC LOAN SERVICES, LLC
|
80
|
2.48%
|
$5,121
|
LOANDEPOT.COM, LLC
|
70
|
2.60%
|
$6,339
|
CLEARPATH LENDING
|
54
|
2.37%
|
$4,431
|
Wells Fargo Bank
|
46
|
2.69%
|
$3,273
|
Hometown Lenders, Inc.
|
45
|
3.27%
|
$8,246
|
AMERICAN FINANCIAL NETWORK, INC.
|
43
|
2.72%
|
$9,355
|
VILLAGE CAPITAL & INVESTMENT LLC
|
42
|
2.35%
|
$2,999
|
SUN AMERICAN MORTGAGE COMPANY
|
41
|
3.01%
|
$6,341
|
CALIBER HOME LOANS, INC.
|
38
|
2.41%
|
$3,596
|
NAVY FEDERAL CREDIT UNION
|
32
|
2.55%
|
$5,256
|
LAKEVIEW LOAN SERVICING, LLC
|
29
|
2.53%
|
$2,718
|
HOME POINT FINANCIAL CORPORATION
|
29
|
2.59%
|
$6,535
|
Low VA Rates, LLC
|
26
|
2.41%
|
$4,851
|
USAA Federal Savings Bank
|
25
|
2.89%
|
$5,808
|
NOVA FINANCIAL & INVESTMENT CORPORATION
|
24
|
3.33%
|
$4,907
|
Flagstar Bank, FSB
|
23
|
2.71%
|
$6,226
|
CROSSCOUNTRY MORTGAGE, LLC
|
22
|
3.11%
|
$7,868
|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
|
21
|
3.06%
|
$6,444
|
Barrington Bank & Trust Company, N.A.
|
20
|
2.79%
|
$4,075
|
Mr. Cooper ( Nationstar Mortgage )
|
18
|
2.95%
|
$2,974
|
STEARNS LENDING, LLC
|
17
|
2.85%
|
$6,240
|
ACADEMY MORTGAGE CORPORATION
|
17
|
2.99%
|
$9,450
|
The Federal Savings Bank
|
16
|
2.50%
|
$8,257
|
AXIA FINANCIAL, LLC
|
16
|
2.91%
|
$5,768
|
PLANET HOME LENDING, LLC
|
15
|
2.56%
|
$3,272
|
Carrington Mortgage Services, LLC
|
14
|
3.23%
|
$3,381
|
SECURITYNATIONAL MORTGAGE COMPANY
|
14
|
3.10%
|
$9,335
|
NEWREZ LLC
|
14
|
2.82%
|
$3,500
|
AMERISAVE MORTGAGE CORPORATION
|
12
|
2.48%
|
$8,131
|
UNION HOME MORTGAGE CORP.
|
11
|
2.51%
|
$3,746
|
SUN WEST MORTGAGE COMPANY, INC.
|
11
|
2.37%
|
$3,776
|
ON Q FINANCIAL, INC.
|
9
|
3.60%
|
$8,234
|
FINANCE OF AMERICA MORTGAGE LLC
|
9
|
2.92%
|
$5,579
|
InterContinental Capital Group, Inc
|
9
|
2.46%
|
$5,398
|
HOMEBRIDGE FINANCIAL SERVICES, INC.
|
9
|
2.50%
|
$3,846
|
Paramount Residential Mortgage Group, Inc.
|
7
|
2.73%
|
$4,884
|
GUARANTEED RATE, INC.
|
7
|
2.54%
|
$6,183
|
GUILD MORTGAGE COMPANY
|
7
|
2.82%
|
$7,348
|
FBC MORTGAGE, LLC
|
6
|
2.89%
|
$9,178
|
LOANPAL, LLC
|
6
|
2.42%
|
$7,774
|
AMERICAN FINANCIAL RESOURCES, INC.
|
6
|
3.29%
|
$5,324
|
First Guaranty Mortgage Corporation
|
6
|
2.63%
|
$4,336
|
Magnolia Bank
|
6
|
2.83%
|
$8,107
|
AMERICAN FINANCING CORPORATION
|
5
|
2.63%
|
$5,058
|
PRIMARY RESIDENTIAL MORTGAGE, INC.
|
5
|
3.23%
|
$5,244
|
SOVEREIGN LENDING GROUP INCORPORATED
|
5
|
2.85%
|
$8,505
|
Glacier Bank
|
5
|
3.23%
|
$7,385
|
ACCELERATE MORTGAGE, LLC
|
5
|
2.25%
|
$4,202
|
Commerce Home Mortgage, Inc.
|
5
|
2.55%
|
$5,120
|
MUTUAL OF OMAHA MORTGAGE, INC.
|
4
|
2.53%
|
$4,314
|
SOUTHWEST STAGE FUNDING, LLC
|
4
|
3.19%
|
$2,449
|
BECKAM FUNDING CORP.
|
4
|
3.84%
|
$7,426
|
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
|
4
|
2.66%
|
$8,750
|
AMERICAN PACIFIC MORTGAGE CORPORATION
|
4
|
3.06%
|
$4,556
|
CELEBRITY HOME LOANS, LLC
|
4
|
3.16%
|
$5,478
|
INSPIRE HOME LOANS INC.
|
4
|
3.13%
|
$8,156
|
Mid-Continent Funding, Inc.
|
4
|
2.66%
|
$3,566
|
ROUNDPOINT MORTGAGE SERVICING CORPORATION
|
3
|
3.33%
|
$1,624
|
First Federal Bank
|
3
|
3.42%
|
$4,901
|
ARK-LA-TEX FINANCIAL SERVICES, LLC.
|
3
|
2.67%
|
$3,099
|
AMCAP MORTGAGE, LTD.
|
3
|
3.33%
|
$6,999
|
NP, Inc.
|
3
|
2.29%
|
$4,186
|
North American Savings Bank, F.S.B.
|
3
|
2.42%
|
$1,365
|
SUMMIT FUNDING, INC.
|
3
|
3.12%
|
$9,761
|
CMG MORTGAGE, INC.
|
3
|
2.92%
|
$6,975
|
HOMESIDE FINANCIAL, LLC
|
3
|
2.29%
|
$3,951
|
MOVEMENT MORTGAGE, LLC
|
3
|
2.79%
|
$6,082
|
NBKC BANK
|
3
|
2.54%
|
$8,259
|
Amerifirst Financial, Inc.
|
3
|
2.83%
|
$11,993
|
Gateway First Bank
|
2
|
2.94%
|
$5,181
|
Equity Prime Mortgage LLC
|
2
|
2.88%
|
$15,691
|
PREMIER LENDING, INC.
|
2
|
3.31%
|
$9,284
|
LHM FINANCIAL CORPORATION
|
2
|
3.56%
|
$4,225
|
PENTAGON FEDERAL CREDIT UNION
|
2
|
2.25%
|
$1,016
|
OCMBC, INC.
|
2
|
3.00%
|
$7,728
|
NFM, INC.
|
2
|
3.00%
|
$8,000
|
MOUNTAIN WEST FINANCIAL, INC.
|
2
|
2.50%
|
$12,332
|
Waterstone Mortgage Corporation
|
2
|
2.81%
|
$5,246
|
Willamette Valley Bank
|
1
|
2.63%
|
$4,078
|
ALL WESTERN MORTGAGE, INC.
|
1
|
3.25%
|
$3,832
|
AmeriHome Mortgage Company, LLC
|
1
|
2.88%
|
$1,622
|
Armed Forces Bank
|
1
|
2.50%
|
$4,760
|
Bank of the West
|
1
|
3.25%
|
$6,684
|
BAY EQUITY LLC
|
1
|
2.99%
|
$8,300
|
BAYSHORE MORTGAGE FUNDING, LLC
|
1
|
2.25%
|
$2,331
|
BELEM SERVICING LLC
|
1
|
2.50%
|
$18,393
|
BNC National Bank
|
1
|
2.63%
|
$2,435
|
Century Mortgage Company DBA Century Lending Company
|
1
|
2.38%
|
$5,915
|
Citizens Bank
|
1
|
2.75%
|
$6,322
|
COMPASS MORTGAGE, INC.
|
1
|
2.75%
|
$3,616
|
DAS Acquisition Company, LLC
|
1
|
3.50%
|
$1,895
|
DATA MORTGAGE, INC.
|
1
|
2.88%
|
$5,460
|
ENVOY MORTGAGE, LTD
|
1
|
2.75%
|
$13,175
|
First Home Bank
|
1
|
2.25%
|
$2,104
|
First Option Mortgage, LLC
|
1
|
3.13%
|
$4,592
|
Fortress Bank
|
1
|
2.38%
|
$21,806
|
Golden Empire Mortgage, Inc.
|
1
|
3.25%
|
$5,627
|
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
|
1
|
2.75%
|
$18,903
|
Goldwater Bank, N.A.
|
1
|
2.38%
|
$3,967
|
HOMEOWNERS FINANCIAL GROUP USA, LLC
|
1
|
4.13%
|
$11,216
|
INTELLILOAN, INC.
|
1
|
2.25%
|
$14,432
|
Ixonia Bank
|
1
|
2.88%
|
$15,313
|
Lakeview Community Capital, LLC
|
1
|
2.75%
|
$3,478
|
LEADERONE FINANCIAL CORPORATION
|
1
|
2.88%
|
$21,246
|
Lend Smart Mortgage, LLC
|
1
|
2.75%
|
$13,411
|
LIBERTY HOME MORTGAGE CORPORATION
|
1
|
2.25%
|
$5,737
|
MID AMERICA MORTGAGE, INC.
|
1
|
2.25%
|
$1,150
|
MORIA DEVELOPMENT, INC.
|
1
|
3.75%
|
$6,262
|
MORTGAGE SOLUTIONS OF COLORADO, LLC
|
1
|
3.25%
|
$3,752
|
Nations Lending Corporation
|
1
|
2.50%
|
$2,867
|
NETWORK CAPITAL FUNDING CORPORATION
|
1
|
2.63%
|
$8,386
|
Northpointe Bank
|
1
|
3.75%
|
$3,518
|
PANORAMA MORTGAGE GROUP, LLC
|
1
|
2.50%
|
$8,615
|
Paramount Bank
|
1
|
3.00%
|
$12,390
|
PREMIER MORTGAGE RESOURCES, L.L.C.
|
1
|
2.63%
|
$16,785
|
Prime Choice Funding Inc.
|
1
|
2.25%
|
$2,497
|
ROYAL UNITED MORTGAGE LLC
|
1
|
2.75%
|
$15,012
|
SWBC MORTGAGE CORPORATION
|
1
|
2.88%
|
$4,784
|
Texana Bank
|
1
|
2.25%
|
$3,174
|
TJC Mortgage, Inc.
|
1
|
2.75%
|
$10,057
|
V.I.P. MORTGAGE, INC.
|
1
|
3.63%
|
$3,391
|
Watermark Capital, Inc.
|
1
|
3.25%
|
$7,272
|
WESTERN EXPRESS LENDING
|
1
|
2.38%
|
$11,901
|
1st Security Bank of Washington
|
1
|
2.75%
|
$3,640
|
The top Lake Havasu City VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with
181 VA loans originated. Their average total fees are
$3,021, which is $2,171
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Lake Havasu City VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC ($2,718), Mr. Cooper ( Nationstar Mortgage ) ($2,974), VILLAGE CAPITAL & INVESTMENT LLC ($2,999), FREEDOM MORTGAGE CORPORATION ($3,021) and PLANET HOME LENDING, LLC ($3,272).
The lowest rate Lake Havasu City VA lenders (with over 10 loans originated) are
VILLAGE CAPITAL & INVESTMENT LLC (2.35%), CLEARPATH LENDING (2.37%), SUN WEST MORTGAGE COMPANY, INC. (2.37%), Low VA Rates, LLC (2.41%) and CALIBER HOME LOANS, INC. (2.41%).
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.