Pensacola VA Loan Rates, Closing Costs & Stats

PENSACOLA-FERRY PASS-BRENT, FL

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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.

    Pensacola's 177 lenders originated 3,624 VA loans during 2024. The total origination value was $1,279,930,000, with an average VA loan value of $353,182.

    Pensacola VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pensacola averaged 0.13% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Pensacola's average VA mortgage closing costs are $6,866.

    The average rate for the prior week (2025-06-13) was 6.48% and one month ago for the week of 2025-05-16, the average rate was 6.24%.

    The average rate one year ago was 6.24%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.01%.

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

    Pensacola 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 Pensacola level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 397 4.85% $5,121
    UNITED WHOLESALE MORTGAGE, LLC 327 5.92% $8,266
    Mortgage Research Center, LLC 290 6.36% $7,339
    NAVY FEDERAL CREDIT UNION 189 5.93% $6,118
    QUICKEN LOANS, LLC 155 6.04% $10,660
    University Bank 148 6.04% $7,782
    EAGLE HOME MORTGAGE, LLC 144 4.84% $6,026
    FREEDOM MORTGAGE CORPORATION 126 6.14% $10,427
    SWBC MORTGAGE CORPORATION 93 6.16% $9,135
    CMG MORTGAGE, INC. 92 6.18% $11,571
    MOVEMENT MORTGAGE, LLC 71 6.48% $10,341
    BROKER SOLUTIONS, INC. 69 6.24% $10,464
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 63 6.11% $9,418
    PENNYMAC LOAN SERVICES, LLC 53 5.72% $9,181
    USAA Federal Savings Bank 48 6.18% $9,323
    VILLAGE CAPITAL MORTGAGE 48 5.69% $6,326
    NEWREZ LLC 44 6.04% $7,655
    THE MORTGAGE FIRM, INC. 43 6.65% $8,083
    NEW DAY FINANCIAL, LLC 42 7.42% $13,961
    GUARANTEED RATE AFFINITY, LLC 38 6.35% $12,095
    DSLD MORTGAGE, LLC 36 5.69% $6,851
    LOANDEPOT.COM, LLC 32 6.09% $12,778
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 30 6.05% $9,975
    FIRST COLONY MORTGAGE CORPORATION 30 5.99% $11,136
    GUARANTEED RATE, INC. 30 5.97% $6,572
    PRIMELENDING, A PLAINSCAPITAL COMPANY 29 6.28% $6,213
    CROSSCOUNTRY MORTGAGE, LLC 29 6.51% $8,178
    Paramount Residential Mortgage Group, Inc. 29 6.13% $9,804
    Equity Prime Mortgage LLC 21 6.32% $9,361
    NBKC BANK 21 5.99% $6,185
    FBC MORTGAGE, LLC 20 4.62% $7,818
    Ameris Bank 20 6.30% $9,940
    Mr. Cooper ( Nationstar Mortgage ) 19 6.06% $9,172
    PLANET HOME LENDING, LLC 18 5.23% $6,071
    LAKEVIEW LOAN SERVICING, LLC 16 5.92% $6,291
    Plains Commerce Bank 15 6.07% $13,732
    MSA MORTGAGE, LLC 14 5.88% $11,212
    Synovus Bank 13 6.22% $8,504
    PENTAGON FEDERAL CREDIT UNION 12 6.06% $7,321
    INSPIRE HOME LOANS INC. 12 5.25% $7,828
    Century Mortgage Company DBA Century Lending Company 11 6.08% $9,067
    MORTGAGE ONE OF THE SOUTH, INC. 11 6.03% $7,317
    First Federal Bank 11 6.05% $9,170
    GARDNER FINANCIAL SERVICES, LTD. 10 6.54% $10,187
    Regions Bank 10 6.21% $9,289
    MUTUAL OF OMAHA MORTGAGE, INC. 10 6.55% $16,615
    Waterstone Mortgage Corporation 9 6.33% $12,927
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 9 6.71% $6,736
    TOWNE MORTGAGE COMPANY 9 6.01% $12,743
    SUN WEST MORTGAGE COMPANY, INC. 9 5.67% $8,773
    The Federal Savings Bank 9 6.39% $15,194
    MORTGAGE SOLUTIONS OF COLORADO, LLC 9 6.90% $2,833
    FIDELITY BANK 8 6.39% $9,123
    SUMMIT FUNDING, INC. 8 6.22% $7,573
    Carrington Mortgage Services, LLC 8 5.77% $13,251
    The Loan Store, Inc. 8 5.97% $12,942
    Mid-Continent Funding, Inc. 8 6.08% $8,785
    Flagstar Bank, FSB 8 6.14% $6,205
    GUILD MORTGAGE COMPANY 7 6.25% $8,830
    BankPlus 7 5.88% $9,175
    PRIMARY RESIDENTIAL MORTGAGE, INC. 7 6.41% $3,737
    Barrington Bank & Trust Company, N.A. 7 6.36% $6,968
    CARDINAL FINANCIAL 7 6.16% $14,003
    City National Bank of Florida 7 5.93% $11,949
    NFM, INC. 6 6.25% $11,509
    Bank of England 6 6.50% $8,546
    CANOPY MORTGAGE, LLC 6 6.04% $11,739
    CLEARPATH LENDING 6 5.46% $5,101
    HOMESIDE FINANCIAL, LLC 6 6.54% $16,228
    LOANPAL, LLC 6 5.83% $13,175
    NORWICH COMMERCIAL GROUP, INC. 6 6.06% $8,563
    Trustmark National Bank 6 6.60% $3,042
    UNION HOME MORTGAGE CORP. 6 5.63% $6,208
    FIRST COMMUNITY MORTGAGE, INC. 5 6.12% $10,203
    DAS Acquisition Company, LLC 5 6.75% $5,610
    EVERETT FINANCIAL, INC. 5 6.68% $12,436
    MORTGAGEONE, INC. 5 6.63% $4,828
    AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.47% $5,583
    Truist 4 6.13% $8,524
    PHH Mortgage Corporation 4 5.96% $5,114
    PLAZA HOME MORTGAGE, INC. 4 6.03% $12,159
    FirstBank 4 6.34% $8,716
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 6.31% $10,318
    ZILLOW HOME LOANS, LLC 3 7.04% $8,363
    JMAC LENDING, INC. 3 5.79% $9,720
    AMERISAVE MORTGAGE CORPORATION 3 6.71% $17,307
    STOCKTON MORTGAGE CORPORATION 3 6.58% $13,285
    LADERA LENDING, INC. 3 6.75% $6,111
    NETWORK CAPITAL FUNDING CORPORATION 3 5.96% $11,535
    JPMorgan Chase Bank 3 6.29% $8,716
    INTELLILOAN, INC. 3 6.17% $6,038
    TJC Mortgage, Inc. 3 5.71% $15,417
    GoPrime Mortgage, Inc. 3 6.50% $8,806
    Wells Fargo Bank 3 6.04% $4,580
    SUCCESS MORTGAGE PARTNERS, INC. 3 6.54% $12,669
    U.S. Bank 2 5.50% $9,166
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.06% $2,424
    NATIONS DIRECT MORTGAGE, LLC 2 5.94% $10,214
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.00% $6,186
    Nations Lending Corporation 2 6.75% $14,318
    VERITAS FUNDING, LLC 2 6.38% $15,599
    Prosperity Home Mortgage, LLC 2 6.44% $7,965
    KEESLER 2 5.63% $11,330
    S1L, Inc. 2 6.00% $15,922
    Service Federal Credit Union 2 6.19% $11,066
    MORIA DEVELOPMENT, INC. 2 6.19% $17,531
    Lakeview Community Capital, LLC 2 6.37% $6,634
    South State Bank 2 6.19% $3,750
    NJ LENDERS CORP. 2 6.44% $14,154
    GMFS LLC 2 7.00% $6,300
    AFFORDABLE MORTGAGE ADVISORS, LLC. 2 6.25% $8,440
    AmeriHome Mortgage Company, LLC 2 6.25% $23,028
    Texana Bank 2 6.75% $8,379
    The Central Trust Bank 2 6.19% $7,877
    Ixonia Bank 2 7.13% $7,285
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 5.87% $18,896
    American Mortgage Bank, LLC 2 6.06% $7,963
    CHURCHILL MORTGAGE CORPORATION 2 6.63% $17,824
    Centennial Bank 2 5.94% $16,405
    AMERICAN FINANCING CORPORATION 2 6.06% $15,381
    Magnolia Bank 2 5.69% $13,842
    ENDEAVOR CAPITAL, LLC. 2 6.44% $4,013
    Tyndall Federal Credit Union 1 6.00% $12,174
    UNITED MORTGAGE CORP 1 5.75% $9,459
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.13% $22,173
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $6,138
    AMERICAN BANCSHARES MORTGAGE 1 6.63% $12,473
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.50% $7,284
    AXIA FINANCIAL, LLC 1 6.75% $12,479
    GERSHMAN INVESTMENT CORP. 1 6.75% $1,625
    Gateway First Bank 1 6.50% $4,275
    LOANFLIGHT LENDING, LLC 1 5.75% $6,533
    ALLIED MORTGAGE GROUP, INC. 1 5.75% $6,198
    METROPLEX MORTGAGE SERVICES, INC. 1 7.88% $7,920
    First National Bank and Trust Company 1 6.63% $3,003
    MILEND, INC. 1 6.13% $19,274
    MORTGAGE 1 INCORPORATED 1 6.13% $2,000
    MORTGAGE ACCESS CORP. 1 5.75% $2,742
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 6.63% $1,600
    FEDERATED MORTGAGE CORP. 1 6.13% $9,991
    ENVOY MORTGAGE, LTD 1 6.63% $9,320
    M&T Bank 1 6.25% $5,090
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.25% $23,299
    Credence Funding Corporation 1 5.63% $5,259
    Cornerstone First Mortgage, Inc 1 6.12% $8,527
    Core Bank 1 6.25% $3,574
    1ST SIGNATURE LENDING, LLC 1 7.25% $7,633
    Northpointe Bank 1 6.25% $14,627
    OceanFirst Bank 1 5.75% $3,683
    OCEANSIDE MORTGAGE COMPANY 1 5.63% $10,903
    OCMBC, INC. 1 7.13% $5,244
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.75% $3,707
    CityWorth Mortgage LLC 1 6.25% $4,627
    Pen Air Federal Credit Union 1 7.00% $1,816
    Capital City Home Loans, LLC 1 5.25% $10,860
    BETTER MORTGAGE CORPORATION 1 5.63% $6,367
    Presidential Bank, FSB 1 6.25% $8,063
    Bell Bank 1 5.63% $6,246
    BAY EQUITY LLC 1 6.25% $828
    Princeton Mortgage Corporation 1 6.25% $4,760
    BANKSOUTH MORTGAGE COMPANY, LLC 1 6.25% $17,084
    BancorpSouth 1 6.38% $2,884
    RELIANCE FIRST CAPITAL, LLC 1 6.38% $3,894
    SeaTrust Mortgage Company 1 7.25% $18,984
    Sierra Pacific Mortgage Company, Inc. 1 6.25% $10,516
    HOMETRUST MORTGAGE COMPANY 1 6.75% $9,554
    SOUTHWEST STAGE FUNDING, LLC 1 6.38% $50
    Stride Bank 1 6.25% $8,131
    Strong Home Mortgage, LLC 1 5.49% $3,635
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.50% $3,932
    Sunflower Bank 1 6.63% $17,505
    Armed Forces Bank 1 6.25% $9,591
    T2 FINANCIAL LLC 1 5.75% $4,839
    The Dart Bank 1 6.75% $9,663
    The Huntington National Bank 1 6.88% $5,544
    THE MORTGAGE LINK, INC. 1 6.50% $14,235
    Towne Bank 1 6.63% $26,859

    The top Pensacola VA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 397 VA loans originated. Their average total fees are $5,121, which is $3,145 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Pensacola VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($5,121), EAGLE HOME MORTGAGE, LLC ($6,026), PLANET HOME LENDING, LLC ($6,071), NAVY FEDERAL CREDIT UNION ($6,118) and NBKC BANK ($6,185).

    The lowest rate Pensacola VA lenders (with over 10 loans originated) are FBC MORTGAGE, LLC (4.62%), EAGLE HOME MORTGAGE, LLC (4.84%), DHI MORTGAGE COMPANY, LTD. (4.85%), PLANET HOME LENDING, LLC (5.23%) and INSPIRE HOME LOANS INC. (5.25%).

    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.