Ogden VA Loans

OGDEN-CLEARFIELD, UT

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.

Ogden's 155 lenders originated 4,920 VA loans during 2021. The total origination value was $1,756,040,000, with an average VA loan value of $356,919.

Ogden VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Ogden averaged 5.58% 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 5.59% and one month ago for the week of 2022-04-15, the average rate was 4.95%.

The average rate one year ago was 3.04%.

For refis of the same type during the week of 2022-05-20, the average rate was 5.41%.

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

Ogden 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 Ogden level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
UNITED WHOLESALE MORTGAGE, LLC 378 2.50% $6,684
QUICKEN LOANS, LLC 358 2.41% $5,874
FREEDOM MORTGAGE CORPORATION 262 2.45% $3,346
PENNYMAC LOAN SERVICES, LLC 259 2.40% $6,830
Mortgage Research Center, LLC 212 2.77% $8,952
INTERCAP LENDING INC. 166 2.74% $8,372
HOME POINT FINANCIAL CORPORATION 147 2.47% $6,595
ACADEMY MORTGAGE CORPORATION 140 2.83% $9,346
VILLAGE CAPITAL & INVESTMENT LLC 127 2.23% $4,319
The Federal Savings Bank 108 2.56% $9,731
LOANDEPOT.COM, LLC 104 2.52% $4,578
CALIBER HOME LOANS, INC. 103 2.63% $6,624
AMERICAN PACIFIC MORTGAGE CORPORATION 86 2.62% $9,960
LAKEVIEW LOAN SERVICING, LLC 73 2.50% $2,217
CITYWIDE HOME LOANS, LLC 69 2.74% $9,156
Mr. Cooper ( Nationstar Mortgage ) 69 2.64% $4,633
GOLDENWEST 65 2.33% $6,641
USAA Federal Savings Bank 61 2.86% $5,014
NAVY FEDERAL CREDIT UNION 59 2.45% $6,102
CANOPY MORTGAGE, LLC 55 2.36% $7,827
Low VA Rates, LLC 53 2.38% $5,117
FIRST COLONY MORTGAGE CORPORATION 52 2.64% $7,707
BROKER SOLUTIONS, INC. 51 2.58% $7,153
Wells Fargo Bank 51 2.62% $3,647
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 50 2.72% $10,839
GUILD MORTGAGE COMPANY 44 2.62% $6,712
NEWREZ LLC 43 2.62% $5,099
RANLIFE, INC. 42 2.61% $8,646
VERITAS FUNDING, LLC 38 2.60% $8,101
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 35 3.01% $7,621
SUN WEST MORTGAGE COMPANY, INC. 32 2.41% $4,211
NBKC BANK 32 2.45% $5,412
GUARANTEED RATE, INC. 31 2.58% $7,075
AMERICA FIRST 29 2.41% $6,630
Bank of Utah 29 2.65% $7,906
AMERICAN FINANCIAL NETWORK, INC. 25 2.53% $10,212
MY MOVE MORTGAGE, LLC 25 2.56% $8,653
SWBC MORTGAGE CORPORATION 24 2.92% $7,316
Magnolia Bank 24 2.41% $9,784
PRIMARY RESIDENTIAL MORTGAGE, INC. 22 2.95% $9,278
CROSSCOUNTRY MORTGAGE, LLC 22 2.84% $13,285
LOANPAL, LLC 22 2.40% $9,047
AMERICAN FINANCING CORPORATION 21 2.46% $7,612
VAN DYK MORTGAGE CORPORATION 21 2.77% $8,858
SECURITY HOME MORTGAGE, LLC. 19 2.47% $8,569
GUARANTEED RATE AFFINITY, LLC 19 2.47% $8,111
MOUNTAIN AMERICA 19 2.47% $5,465
AMERISAVE MORTGAGE CORPORATION 19 2.49% $9,517
Barrington Bank & Trust Company, N.A. 18 2.75% $8,016
North American Savings Bank, F.S.B. 17 2.25% $2,430
CHERRY CREEK MORTGAGE, LLC 16 2.45% $4,706
DIRECT MORTGAGE, CORP. 15 2.80% $10,737
SECURITYNATIONAL MORTGAGE COMPANY 13 2.57% $10,945
HOMEAMERICAN MORTGAGE CORPORATION 13 2.53% $3,924
STEARNS LENDING, LLC 12 2.53% $6,089
KS StateBank 12 2.26% $2,665
Flagstar Bank, FSB 12 2.59% $8,679
Carrington Mortgage Services, LLC 11 2.73% $6,044
MOVEMENT MORTGAGE, LLC 11 2.89% $10,612
Northpointe Bank 11 2.67% $10,962
BNC National Bank 10 2.26% $5,666
Century Mortgage Company DBA Century Lending Company 10 2.48% $6,980
INSPIRE HOME LOANS INC. 10 2.64% $13,790
PENTAGON FEDERAL CREDIT UNION 10 2.46% $2,198
DHI MORTGAGE COMPANY, LTD. 9 2.56% $9,780
CMG MORTGAGE, INC. 8 2.58% $5,798
CORNERSTONE HOME LENDING, INC. 8 2.95% $5,292
CITY FIRST MORTGAGE SERVICES, L.L.C. 8 2.66% $4,668
MID AMERICA MORTGAGE, INC. 8 2.86% $2,963
HOMEBRIDGE FINANCIAL SERVICES, INC. 7 2.77% $9,179
HOMESIDE FINANCIAL, LLC 7 2.59% $8,614
First Guaranty Mortgage Corporation 7 2.48% $3,178
Cache Valley Bank 7 2.38% $6,778
MORIA DEVELOPMENT, INC. 7 3.13% $5,342
Utah Mortgage Loan Corporation 7 2.89% $9,768
First Federal Bank 6 2.75% $14,647
NBH Bank 6 2.75% $8,290
J. VIRGIL, INC. 6 3.10% $15,146
PREMIA MORTGAGE, LLC 6 2.56% $6,019
First Home Bank 5 2.40% $2,342
Strong Home Mortgage, LLC 5 2.28% $1,342
Network Funding, L.P. 5 2.80% $8,243
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 2.98% $7,675
PLAZA HOME MORTGAGE, INC. 5 2.70% $3,566
SOVEREIGN LENDING GROUP INCORPORATED 5 2.48% $8,751
Watermark Capital, Inc. 5 2.35% $2,521
Mid-Continent Funding, Inc. 5 2.60% $6,009
PANORAMA MORTGAGE GROUP, LLC 5 3.00% $5,853
Florida Capital Bank 4 2.69% $6,372
The Central Trust Bank 4 2.25% $7,604
KELLER MORTGAGE, LLC 4 2.81% $9,159
Glacier Bank 4 2.88% $6,406
NP, Inc. 4 2.28% $5,299
U.S. Bank 4 2.84% $8,280
CELEBRITY HOME LOANS, LLC 4 2.94% $12,430
EVERETT FINANCIAL, INC. 4 3.47% $9,739
S1L, Inc. 4 2.59% $11,543
EAGLE HOME MORTGAGE, LLC 4 2.75% $9,094
Nations Lending Corporation 4 2.25% $8,854
UNITED SECURITY FINANCIAL CORP 3 2.17% $2,462
EVERLEND MORTGAGE COMPANY 3 2.79% $5,501
Meridian Bank Corporation 3 2.67% $4,254
Gateway First Bank 3 2.88% $4,689
Equity Prime Mortgage LLC 3 2.79% $12,018
FINANCE OF AMERICA MORTGAGE LLC 3 2.38% $4,800
Zions Bancorporation, N.A. 2 2.25% $5,167
Goldwater Bank, N.A. 2 2.44% $3,345
JPMorgan Chase Bank 2 2.75% $16,220
First Internet Bank of Indiana 2 2.44% $2,989
MUTUAL OF OMAHA MORTGAGE, INC. 2 2.44% $3,084
D. L. Evans Bank 2 2.94% $3,662
CRESCENT MORTGAGE COMPANY 2 2.31% $8,365
PARKSIDE LENDING, LLC 2 2.25% $8,115
PHH Mortgage Corporation 2 2.69% $9,453
Texana Bank 2 2.88% $3,429
Bank of England 2 2.56% $7,459
AXIA FINANCIAL, LLC 2 2.69% $5,815
Willamette Valley Bank 2 2.50% $10,798
Wyndham Capital Mortgage, Inc. 2 2.50% $5,666
Eagle Bank and Trust Company 1 2.25% $2,515
NATIONS RELIABLE LENDING, LLC 1 3.75% $16,095
Citizens Bank 1 2.25% $3,234
CHURCHILL MORTGAGE CORPORATION 1 3.00% $21,872
RMS & Associates 1 2.50% $22,291
EMBRACE HOME LOANS, INC. 1 2.88% $18,691
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 2.75% $19,303
Capital Bank 1 2.25% $1,572
MANN FINANCIAL INC. 1 2.50% $5,567
SRE MORTGAGE ALLIANCE INC. 1 2.63% $2,819
FirstBank 1 2.38% $1,866
LENOX FINANCIAL MORTGAGE CORPORATION 1 2.75% $5,936
SUMMIT FUNDING, INC. 1 2.75% $3,629
SUN AMERICAN MORTGAGE COMPANY 1 2.88% $10,499
Sunflower Bank 1 2.25% $3,406
BAY EQUITY LLC 1 2.25% $7,203
Bank of Idaho 1 2.25% $5,794
AMERICAN INTERNET MORTGAGE, INC. 1 2.25% $3,149
JAMES B. NUTTER & COMPANY 1 2.75% $2,056
ZILLOW HOME LOANS, LLC 1 2.75% $10,270
First Savings Bank 1 3.00% $3,058
Bank of America 1 3.50% $16,944
GRANITE FEDERAL CREDIT UNION 1 2.25% $9,356
GENEVA FINANCIAL, LLC 1 2.00% $5,750
Hawthorn Bank 1 2.63% $2,938
Austin Capital Bank SSB 1 2.63% $2,254
Armed Forces Bank 1 2.75% $3,650
Victorian Finance, LLC 1 3.13% $15,123
Amerifirst Financial, Inc. 1 2.75% $11,549
Paramount Residential Mortgage Group, Inc. 1 2.75% $10,986
GoPrime Mortgage, Inc. 1 2.25% $5,742
Colonial Savings, F.A. 1 3.00% $17,836
Paramount Bank 1 2.75% $3,171
WEBER STATE FEDERAL CREDIT UNION 1 2.50% $2,762
OCMBC, INC. 1 2.25% $15,601
Core Bank 1 2.50% $9,159

The top Ogden VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 378 VA loans originated. Their average total fees are $6,684, which is $811 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Ogden VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION ($2,198), LAKEVIEW LOAN SERVICING, LLC ($2,217), North American Savings Bank, F.S.B. ($2,430), KS StateBank ($2,665) and FREEDOM MORTGAGE CORPORATION ($3,346).

The lowest rate Ogden VA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC (2.23%), North American Savings Bank, F.S.B. (2.25%), KS StateBank (2.26%), BNC National Bank (2.26%) and GOLDENWEST (2.33%).

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.