Lebanon VA Loan Rates, Closing Costs & Stats

Lebanon, NH-VT

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets

    • 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.

    Lebanon's 48 lenders originated 224 VA loans during 2024. The total origination value was $80,060,000, with an average VA loan value of $357,411.

    Lebanon VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Lebanon averaged 6.56% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Lebanon's average VA mortgage closing costs are $5,959.

    The average rate for the prior week (2025-03-28) was 6.98% and one month ago for the week of 2025-02-28, the average rate was 6.86%.

    The average rate one year ago was 7.16%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.23%.

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

    Lebanon 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 Lebanon level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 47 6.29% $7,409
    UNITED WHOLESALE MORTGAGE, LLC 16 6.05% $5,204
    EMM LOANS LLC 15 6.25% $11,077
    QUICKEN LOANS, LLC 15 6.04% $10,807
    PENNYMAC LOAN SERVICES, LLC 11 5.82% $8,510
    FREEDOM MORTGAGE CORPORATION 10 6.39% $15,613
    NAVY FEDERAL CREDIT UNION 9 5.82% $6,381
    USAA Federal Savings Bank 8 6.50% $7,984
    CMG MORTGAGE, INC. 7 6.48% $6,891
    PRIMELENDING, A PLAINSCAPITAL COMPANY 6 6.77% $5,639
    NEWREZ LLC 6 6.50% $10,737
    LAKEVIEW LOAN SERVICING, LLC 5 6.13% $5,282
    NEW DAY FINANCIAL, LLC 3 7.91% $19,944
    VILLAGE CAPITAL MORTGAGE 3 5.33% $8,843
    Barrington Bank & Trust Company, N.A. 3 6.04% $8,725
    ENVOY MORTGAGE, LTD 2 6.81% $11,553
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.38% $8,068
    BROKER SOLUTIONS, INC. 2 6.87% $5,569
    GUILD MORTGAGE COMPANY 2 6.00% $16,785
    PENTAGON FEDERAL CREDIT UNION 2 5.56% $11,995
    PLANET HOME LENDING, LLC 2 5.56% $4,411
    POLARIS HOME FUNDING CORP. 2 7.69% $15,768
    RELIANCE FIRST CAPITAL, LLC 2 6.81% $11,007
    SUN WEST MORTGAGE COMPANY, INC. 2 5.80% $4,018
    The Federal Savings Bank 2 6.13% $11,200
    LOANDEPOT.COM, LLC 2 6.43% $18,701
    AMERISAVE MORTGAGE CORPORATION 2 6.19% $18,566
    Mr. Cooper ( Nationstar Mortgage ) 2 6.13% $21,354
    NORTHEAST HOME LOAN, LLC 1 6.25% $19,546
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.63% $17,091
    American Mortgage & Equity Consultants, Inc. 1 6.63% $8,493
    Bank of America 1 6.63% $8,348
    BAY EQUITY LLC 1 6.75% $3,339
    Carrington Mortgage Services, LLC 1 5.75% $9,727
    CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $15,766
    GUARANTEED RATE, INC. 1 5.53% $2,970
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.75% $11,848
    Keystone Funding, Inc. 1 5.63% $13,280
    Magnolia Bank 1 5.25% $26,229
    MEMBER FIRST MORTGAGE, LLC 1 8.13% $12,416
    NEW ENGLAND FEDERAL CREDIT UNION 1 6.00% $14,252
    North American Savings Bank, F.S.B. 1 6.50% $2,792
    Advisors Mortgage Group, L.L.C. 1 6.25% $7,620
    Northfield Savings Bank 1 6.25% $3,060
    NORTHPOINT MORTGAGE, INC. 1 6.25% $20,658
    Presidential Bank, FSB 1 6.75% $4,281
    TOTAL MORTGAGE SERVICES, LLC 1 7.00% $4,383
    Willamette Valley Bank 1 6.75% $8,742

    The top Lebanon VA lender as defined by loan originations is Mortgage Research Center, LLC, with 47 VA loans originated. Their average total fees are $7,409, which is $2,205 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Lebanon VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($5,204), Mortgage Research Center, LLC ($7,409), PENNYMAC LOAN SERVICES, LLC ($8,510), QUICKEN LOANS, LLC ($10,807) and EMM LOANS LLC ($11,077).

    The lowest rate Lebanon VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.82%), QUICKEN LOANS, LLC (6.04%), UNITED WHOLESALE MORTGAGE, LLC (6.05%), EMM LOANS LLC (6.25%) and Mortgage Research Center, LLC (6.29%).

    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.