Mountain Home VA Loan Rates, Closing Costs & Stats

Mountain Home, AR

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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.

    Mountain Home's 26 lenders originated 105 VA loans during 2024. The total origination value was $25,995,000, with an average VA loan value of $247,571.

    Mountain Home VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Mountain Home averaged 0.36% for the week of 2026-05-29, compared to the national average (all VA variants) of 0% for the same period.

    Mountain Home's average VA mortgage closing costs are $4,070.

    The average rate for the prior week (2026-05-22) was 6.42% and one month ago for the week of 2026-04-24, the average rate was 6.11%.

    The average rate one year ago was 6.77%.

    For refis of the same type during the week of 2026-05-29, the average rate was -0.2%.

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

    Mountain Home 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 Mountain Home level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FREEDOM MORTGAGE CORPORATION 16 6.28% $5,951
    NAVY FEDERAL CREDIT UNION 8 5.89% $5,758
    Mortgage Research Center, LLC 8 6.41% $4,443
    NEW DAY FINANCIAL, LLC 7 6.82% $5,586
    UNITED WHOLESALE MORTGAGE, LLC 6 6.04% $7,321
    QUICKEN LOANS, LLC 5 5.57% $10,628
    Carrington Mortgage Services, LLC 3 5.71% $11,635
    Arvest Bank 2 6.25% $4,360
    DAS Acquisition Company, LLC 2 6.63% $2,432
    The Federal Savings Bank 2 6.75% $13,768
    First Community Bank 1 6.00% $16,613
    Gateway First Bank 1 6.63% $2,852
    GUILD MORTGAGE COMPANY 1 6.63% $4,845
    Equity Prime Mortgage LLC 1 7.25% $6,795
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $0
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $2,952
    CROSSCOUNTRY MORTGAGE, LLC 1 6.69% $13,240
    CMG MORTGAGE, INC. 1 6.25% $2,296
    NEWREZ LLC 1 5.75% $2,970
    PENNYMAC LOAN SERVICES, LLC 1 5.75% $4,931
    Centennial Bank 1 6.88% $6,713
    ROSS MORTGAGE CORPORATION 1 6.75% $13,562
    SUN WEST MORTGAGE COMPANY, INC. 1 5.99% $8,400
    U.S. Bank 1 6.75% $2,795
    BROKER SOLUTIONS, INC. 1 6.75% $5,151
    Flagstar Bank, FSB 1 6.00% $4,212

    The top Mountain Home VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 16 VA loans originated. Their average total fees are $5,951, which is $193 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

    The lowest fee Mountain Home VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION ($5,951), .

    The lowest rate Mountain Home VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION (6.28%), .

    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.