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.