Lakeland VA Loan Rates, Closing Costs & Stats

LAKELAND-WINTER HAVEN, FL

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.

Lakeland's 158 lenders originated 2,061 VA loans during 2024. The total origination value was $698,645,000, with an average VA loan value of $338,984.

Lakeland VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Lakeland averaged -0.11% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

Lakeland's average VA mortgage closing costs are $6,430.

The average rate for the prior week (2025-06-13) was 6.44% and one month ago for the week of 2025-05-16, the average rate was 6.2%.

The average rate one year ago was 6.3%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.05%.

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

Lakeland 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 Lakeland level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 247 5.99% $7,249
Mortgage Research Center, LLC 221 6.33% $6,215
FREEDOM MORTGAGE CORPORATION 121 6.19% $8,612
QUICKEN LOANS, LLC 106 6.03% $10,729
DHI MORTGAGE COMPANY, LTD. 96 5.13% $5,580
EAGLE HOME MORTGAGE, LLC 89 4.91% $2,838
LOANDEPOT.COM, LLC 57 5.70% $10,213
VILLAGE CAPITAL MORTGAGE 46 5.74% $6,412
CROSSCOUNTRY MORTGAGE, LLC 44 6.00% $7,593
NAVY FEDERAL CREDIT UNION 42 5.93% $3,589
HOMEAMERICAN MORTGAGE CORPORATION 35 4.94% $2,912
NEW DAY FINANCIAL, LLC 34 7.23% $12,326
VANDERBILT MORTGAGE AND FINANCE, INC. 34 5.38% $2,194
HOME SOLUTION LENDERS INC. 34 5.94% $7,191
BROKER SOLUTIONS, INC. 33 6.50% $12,131
NEWREZ LLC 28 6.17% $6,378
GUARANTEED RATE, INC. 24 5.74% $5,219
PULTE MORTGAGE LLC 23 5.06% $4,169
NFM, INC. 23 5.71% $11,464
South Pacific Financial Corporation 22 5.13% $6,289
PENNYMAC LOAN SERVICES, LLC 20 5.76% $7,560
GARDNER FINANCIAL SERVICES, LTD. 18 6.72% $6,912
Equity Prime Mortgage LLC 18 6.64% $7,905
KBHS HOME LOANS, LLC 18 6.07% $8,100
USAA Federal Savings Bank 18 6.23% $10,482
CMG MORTGAGE, INC. 17 5.68% $10,450
FBC MORTGAGE, LLC 16 5.85% $5,715
EVERETT FINANCIAL, INC. 14 6.76% $12,972
Waterstone Mortgage Corporation 14 6.21% $15,871
Barrington Bank & Trust Company, N.A. 13 6.57% $8,359
LAKEVIEW LOAN SERVICING, LLC 13 5.81% $6,843
CARDINAL FINANCIAL 13 6.15% $12,502
GUILD MORTGAGE COMPANY 13 6.38% $9,950
MORTGAGE SOLUTIONS OF COLORADO, LLC 13 7.47% $6,967
SUN WEST MORTGAGE COMPANY, INC. 12 5.83% $11,838
HOMESIDE FINANCIAL, LLC 12 6.69% $8,673
Plains Commerce Bank 11 6.38% $11,028
MOVEMENT MORTGAGE, LLC 11 6.10% $10,140
First Heritage Mortgage, LLC 10 5.77% $11,233
Mr. Cooper ( Nationstar Mortgage ) 10 6.29% $8,758
NVR Mortgage Finance, Inc. 10 6.07% $6,388
The Federal Savings Bank 10 6.39% $18,108
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.60% $6,159
Carrington Mortgage Services, LLC 9 5.97% $14,222
Paramount Residential Mortgage Group, Inc. 8 6.48% $12,277
UNION HOME MORTGAGE CORP. 8 6.19% $9,682
Flagstar Bank, FSB 8 6.36% $9,283
STOCKTON MORTGAGE CORPORATION 8 6.50% $10,734
PLANET HOME LENDING, LLC 7 5.93% $5,490
ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 6.15% $3,195
THE MORTGAGE FIRM, INC. 6 6.60% $9,968
PENTAGON FEDERAL CREDIT UNION 6 6.04% $6,199
Mid-Continent Funding, Inc. 6 6.23% $7,931
CLEARPATH LENDING 5 5.65% $10,665
PARK SQUARE HOME MORTGAGE, LLC 5 5.04% $5,938
Nations Lending Corporation 5 6.30% $10,430
First Federal Bank 4 6.22% $11,290
INTELLILOAN, INC. 4 6.00% $2,004
GUARANTEED RATE AFFINITY, LLC 4 6.15% $8,583
JMAC LENDING, INC. 4 5.72% $12,232
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.09% $11,617
AMERICAN FINANCIAL NETWORK, INC. 4 6.41% $11,984
LOANPAL, LLC 4 6.06% $15,792
PHH Mortgage Corporation 4 5.72% $4,542
NBKC BANK 4 5.87% $6,521
M/I FINANCIAL, LLC 3 5.38% $24,912
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.63% $9,532
Gateway First Bank 3 6.58% $3,149
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 6.25% $5,785
GoPrime Mortgage, Inc. 3 6.38% $7,754
PLAZA HOME MORTGAGE, INC. 3 6.21% $11,291
INSPIRE HOME LOANS INC. 3 4.83% $4,722
Ixonia Bank 3 5.83% $13,773
JPMorgan Chase Bank 3 5.75% $4,510
Lakeview Community Capital, LLC 3 5.00% $6,804
ALKAN MORTGAGE CORPORATION 3 6.88% $11,985
The Loan Store, Inc. 3 6.29% $7,023
DAS Acquisition Company, LLC 3 6.29% $10,786
Mortgage Lenders Investment Trading Corporation 3 6.33% $13,152
SWBC MORTGAGE CORPORATION 3 6.04% $5,646
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.35% $2,759
Magnolia Bank 2 6.19% $12,961
RELIANCE FIRST CAPITAL, LLC 2 6.13% $18,170
TOP FLITE FINANCIAL, INC. 2 6.50% $9,592
Sierra Pacific Mortgage Company, Inc. 2 5.75% $4,409
METROPLEX MORTGAGE SERVICES, INC. 2 6.75% $4,080
MICHIGAN MUTUAL, INC. 2 7.00% $25,982
South State Bank 2 6.00% $9,019
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 7.50% $9,557
Armed Forces Bank 2 6.38% $4,756
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.62% $16,992
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.19% $12,344
PREFERRED LENDING SERVICES, LLC 2 5.88% $9,437
AMERICAN BANCSHARES MORTGAGE 2 6.88% $15,633
GENEVA FINANCIAL, LLC 2 7.00% $15,762
Encompass Lending Group, LP 2 6.12% $9,317
Century Mortgage Company DBA Century Lending Company 2 6.44% $853
NETWORK CAPITAL FUNDING CORPORATION 2 6.31% $22,070
Hometown Equity Mortgage, LLC 2 6.63% $8,953
AMERISAVE MORTGAGE CORPORATION 2 6.06% $18,128
Ameris Bank 2 5.75% $10,218
Wolfe Financial, Inc 1 7.00% $2,041
Alcova Mortgage LLC 1 7.00% $5,573
ALLIANT CREDIT UNION 1 5.50% $1,866
ALLIED MORTGAGE GROUP, INC. 1 5.75% $8,194
AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $7,678
American Mortgage Bank, LLC 1 6.25% $6,913
AmeriHome Mortgage Company, LLC 1 5.38% $6,743
AmRes Corporation 1 6.63% $9,983
BancorpSouth 1 6.50% $8,226
BAYSHORE MORTGAGE FUNDING, LLC 1 6.75% $19,945
BELEM SERVICING LLC 1 5.25% $4,432
Blue Ridge Bank 1 6.63% $6,596
CASTLE & COOKE MORTGAGE, LLC 1 6.25% $13,617
Centennial Bank 1 6.75% $4,554
CityWorth Mortgage LLC 1 6.25% $650
Cornerstone First Mortgage, Inc 1 6.25% $10,515
Credence Funding Corporation 1 6.50% $1,375
DELMAR FINANCIAL COMPANY 1 6.25% $7,884
DG PINNACLE FUNDING LLC 1 6.75% $7,500
EMM LOANS LLC 1 6.75% $6,558
EQUITY RESOURCES, INC. 1 6.63% $6,997
FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.63% $5,006
FIRST HOME MORTGAGE CORPORATION 1 7.13% $7,918
First Horizon Bank 1 6.13% $2,414
FIRST MORTGAGE COMPANY, INC. 1 6.25% $8,360
First National Bank of Omaha 1 6.50% $9,423
HOMESTEAD FUNDING CORP. 1 6.75% $3,551
LADERA LENDING, INC. 1 5.00% $25,738
LEADERONE FINANCIAL CORPORATION 1 6.49% $7,859
MASON MCDUFFIE MORTGAGE CORPORATION 1 7.25% $21,238
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 6.25% $10,469
Meridian Bank Corporation 1 5.25% $4,362
MORIA DEVELOPMENT, INC. 1 7.00% $14,980
MORTGAGE ACCESS CORP. 1 5.25% $7,708
MORTGAGE EQUITY PARTNERS LLC 1 5.75% $7,489
MORTGAGEONE, INC. 1 6.75% $455
NATIONS DIRECT MORTGAGE, LLC 1 6.25% $4,321
NORWICH COMMERCIAL GROUP, INC. 1 5.75% $8,403
OCMBC, INC. 1 7.13% $7,294
OPEN MORTGAGE, LLC 1 6.00% $6,633
Performance Financial, Inc. 1 6.13% $4,914
PREMIER LENDING, INC. 1 6.13% $8,306
PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.13% $12,391
Prosperity Home Mortgage, LLC 1 6.49% $9,951
Regions Bank 1 6.25% $7,579
RESOURCE FINANCIAL SERVICES, INC. 1 6.25% $6,116
SeaTrust Mortgage Company 1 7.00% $11,385
SFMC, LP 1 6.63% $11,968
Strong Home Mortgage, LLC 1 5.75% $2,943
SUCCESS MORTGAGE PARTNERS, INC. 1 5.99% $35,597
T2 FINANCIAL LLC 1 7.25% $7,590
University Bank 1 5.75% $3,137
VERITAS FUNDING, LLC 1 6.25% $25,277
VYSTAR 1 6.13% $16,054
WATSON MORTGAGE CORP. 1 6.75% $6,006
Wells Fargo Bank 1 5.88% $2,899
AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.50% $5,613

The top Lakeland VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 247 VA loans originated. Their average total fees are $7,249, which is $1,034 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Lakeland VA lenders (with over 10 loans originated) are VANDERBILT MORTGAGE AND FINANCE, INC. ($2,194), EAGLE HOME MORTGAGE, LLC ($2,838), HOMEAMERICAN MORTGAGE CORPORATION ($2,912), NAVY FEDERAL CREDIT UNION ($3,589) and PULTE MORTGAGE LLC ($4,169).

The lowest rate Lakeland VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.91%), HOMEAMERICAN MORTGAGE CORPORATION (4.94%), PULTE MORTGAGE LLC (5.06%), South Pacific Financial Corporation (5.13%) and DHI MORTGAGE COMPANY, LTD. (5.13%).

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.