Port St. Lucie VA Loan Rates, Closing Costs & Stats

PORT ST. LUCIE, 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.

    Port St. Lucie's 110 lenders originated 888 VA loans during 2023. The total origination value was $352,960,000, with an average VA loan value of $397,477.

    Port St. Lucie VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Port St. Lucie averaged 6.26% for the week of 2024-07-19, compared to the national average (all VA variants) of 6.303% for the same period.

    Port St. Lucie's average VA mortgage closing costs are $7,153.

    The average rate for the prior week (2024-07-12) was 6.6% and one month ago for the week of 2024-06-14, the average rate was 6.36%.

    The average rate one year ago was 6.94%.

    For refis of the same type during the week of 2024-07-19, the average rate was 6.44%.

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

    Port St. Lucie 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 Port St. Lucie level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 98 6.31% $10,512
    Mortgage Research Center, LLC 94 6.53% $10,967
    QUICKEN LOANS, LLC 63 6.03% $13,816
    LOANDEPOT.COM, LLC 57 5.98% $12,123
    CROSSCOUNTRY MORTGAGE, LLC 36 6.57% $11,285
    NAVY FEDERAL CREDIT UNION 34 5.77% $6,423
    DHI MORTGAGE COMPANY, LTD. 27 5.18% $6,582
    FREEDOM MORTGAGE CORPORATION 21 6.48% $13,466
    NVR Mortgage Finance, Inc. 17 5.92% $6,631
    NEW DAY FINANCIAL, LLC 16 7.48% $17,788
    PULTE MORTGAGE LLC 15 5.93% $5,773
    USAA Federal Savings Bank 15 6.37% $12,495
    CARDINAL FINANCIAL 15 6.35% $11,081
    PENNYMAC LOAN SERVICES, LLC 15 5.79% $14,867
    MATTAMY HOME FUNDING, LLC 15 6.19% $9,728
    EAGLE HOME MORTGAGE, LLC 13 5.47% $4,743
    NEWREZ LLC 12 6.46% $10,244
    EVERETT FINANCIAL, INC. 11 6.88% $14,719
    MOVEMENT MORTGAGE, LLC 9 6.47% $13,721
    THE MORTGAGE FIRM, INC. 9 6.72% $9,435
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 9 6.26% $9,528
    FBC MORTGAGE, LLC 8 6.03% $11,147
    ACOPIA, LLC 8 6.22% $9,108
    VILLAGE CAPITAL MORTGAGE 8 5.75% $14,733
    GUARANTEED RATE, INC. 8 6.08% $10,474
    Equity Prime Mortgage LLC 8 6.94% $9,646
    PLANET HOME LENDING, LLC 7 6.55% $8,289
    GUARANTEED RATE AFFINITY, LLC 7 6.18% $10,017
    U.S. Bank 6 6.42% $16,988
    Wells Fargo Bank 6 5.60% $9,293
    The Federal Savings Bank 6 6.04% $20,295
    South Pacific Financial Corporation 6 5.52% $6,342
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.45% $8,289
    Flagstar Bank, FSB 5 6.68% $12,769
    EMM LOANS LLC 5 6.53% $20,263
    Mr. Cooper ( Nationstar Mortgage ) 5 5.88% $18,386
    AMERISAVE MORTGAGE CORPORATION 4 5.59% $13,070
    PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.66% $7,986
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 6.53% $9,909
    AMERICAN FINANCIAL NETWORK, INC. 4 6.38% $12,014
    CALIBER HOME LOANS, INC. 4 5.97% $10,306
    BROKER SOLUTIONS, INC. 4 6.31% $10,240
    Paramount Residential Mortgage Group, Inc. 4 6.59% $15,120
    NFM, INC. 4 6.44% $7,749
    Barrington Bank & Trust Company, N.A. 4 6.47% $12,208
    BAYSHORE MORTGAGE FUNDING, LLC 3 6.63% $15,396
    NBKC BANK 3 5.42% $9,694
    South State Bank 3 6.25% $4,924
    Plains Commerce Bank 3 6.50% $19,146
    BAY EQUITY LLC 3 6.79% $19,041
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.21% $15,001
    Mid-Continent Funding, Inc. 3 6.08% $16,449
    MICHIGAN MUTUAL, INC. 3 6.13% $14,307
    PLAZA HOME MORTGAGE, INC. 3 6.00% $10,972
    PREMIA MORTGAGE, LLC 2 5.69% $889
    Ameris Bank 2 5.75% $7,616
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.69% $11,162
    Century Mortgage Company DBA Century Lending Company 2 6.69% $540
    Citizens Bank 2 5.75% $8,512
    INSPIRE HOME LOANS INC. 2 5.13% $9,201
    J. VIRGIL, INC. 2 6.19% $15,915
    LAKEVIEW LOAN SERVICING, LLC 2 6.19% $11,540
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.63% $8,518
    PENTAGON FEDERAL CREDIT UNION 2 5.94% $14,820
    PHH Mortgage Corporation 2 6.50% $10,236
    PNC Bank 2 7.00% $11,686
    ACADEMY MORTGAGE CORPORATION 2 6.00% $14,935
    Seacoast National Bank 2 6.94% $9,954
    Sierra Pacific Mortgage Company, Inc. 2 6.38% $5,252
    VERITAS FUNDING, LLC 2 5.94% $26,446
    Waterstone Mortgage Corporation 2 6.25% $10,731
    HOMESTEAD FUNDING CORP. 1 5.75% $17,429
    Northpointe Bank 1 4.88% $7,035
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 5.75% $13,458
    HOMESIDE FINANCIAL, LLC 1 5.75% $1,518
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.13% $3,161
    GoPrime Mortgage, Inc. 1 6.25% $18,003
    TOP FLITE FINANCIAL, INC. 1 6.63% $28,567
    Carrington Mortgage Services, LLC 1 5.13% $2,239
    GENEVA FINANCIAL, LLC 1 5.63% $31,977
    FIRST HOME MORTGAGE CORPORATION 1 6.75% $12,950
    FIRST COMMUNITY MORTGAGE, INC. 1 6.63% $10,833
    American Security Mortgage Corp. 1 5.75% $5,141
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $12,363
    ENVOY MORTGAGE, LTD 1 7.25% $11,742
    DRAPER AND KRAMER MORTGAGE CORP. 1 5.75% $9,355
    Prosperity Home Mortgage, LLC 1 6.62% $8,296
    DIRECT MORTGAGE LOANS, LLC 1 7.50% $4,526
    DELMAR FINANCIAL COMPANY 1 6.63% $4,491
    Regions Bank 1 5.25% $11,747
    Renasant Bank 1 7.25% $4,843
    Advisors Mortgage Group, L.L.C. 1 6.13% $9,212
    AMERICAN BANCSHARES MORTGAGE 1 7.00% $10,195
    CONTOUR MORTGAGE CORPORATION 1 6.63% $14,636
    COMPASS MORTGAGE, INC. 1 6.50% $6,485
    Strong Home Mortgage, LLC 1 7.25% $8,230
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.50% $25,667
    SWBC MORTGAGE CORPORATION 1 6.75% $20,658
    CMG MORTGAGE, INC. 1 7.13% $12,713
    CASTLE & COOKE MORTGAGE, LLC 1 5.00% $19,701
    THE MORTGAGE LINK, INC. 1 6.88% $26,105
    TJC Mortgage, Inc. 1 5.75% $11,619
    MLD MORTGAGE INC. 1 6.00% $13,738
    Magnolia Bank 1 5.75% $15,748
    NATIONS DIRECT MORTGAGE, LLC 1 6.25% $17,138
    Nations Lending Corporation 1 6.25% $16,265
    LEADERONE FINANCIAL CORPORATION 1 6.25% $14,754
    LADERA LENDING, INC. 1 5.25% $7,017
    KEESLER 1 5.00% $5,716
    JPMorgan Chase Bank 1 6.99% $11,544

    The top Port St. Lucie VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 98 VA loans originated. Their average total fees are $10,512, which is $455 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Port St. Lucie VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($4,743), PULTE MORTGAGE LLC ($5,773), NAVY FEDERAL CREDIT UNION ($6,423), DHI MORTGAGE COMPANY, LTD. ($6,582) and NVR Mortgage Finance, Inc. ($6,631).

    The lowest rate Port St. Lucie VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.18%), EAGLE HOME MORTGAGE, LLC (5.47%), NAVY FEDERAL CREDIT UNION (5.77%), PENNYMAC LOAN SERVICES, LLC (5.79%) and NVR Mortgage Finance, Inc. (5.92%).

    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.