Port St. Lucie VA Loans

PORT ST. LUCIE, FL

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.

Port St. Lucie's 182 lenders originated 2,558 VA loans during 2021. The total origination value was $754,900,000, with an average VA loan value of $295,113.

Port St. Lucie VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Port St. Lucie averaged 5.43% 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 5.44% and one month ago for the week of 2022-04-15, the average rate was 5.41%.

The average rate one year ago was 3.2%.

For refis of the same type during the week of 2022-05-20, the average rate was 5.38%.

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 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 231 2.46% $5,697
FREEDOM MORTGAGE CORPORATION 205 2.47% $4,147
Mortgage Research Center, LLC 183 2.92% $8,375
PENNYMAC LOAN SERVICES, LLC 115 2.46% $5,660
UNITED WHOLESALE MORTGAGE, LLC 102 2.55% $6,736
NEW DAY FINANCIAL, LLC 84 2.88% $10,079
CALIBER HOME LOANS, INC. 73 2.54% $5,642
LOANDEPOT.COM, LLC 68 2.61% $6,708
NAVY FEDERAL CREDIT UNION 58 2.50% $6,499
LAKEVIEW LOAN SERVICING, LLC 51 2.49% $2,547
CROSSCOUNTRY MORTGAGE, LLC 47 2.97% $7,466
USAA Federal Savings Bank 46 2.90% $5,925
VILLAGE CAPITAL & INVESTMENT LLC 39 2.31% $3,575
CLEARPATH LENDING 36 2.34% $4,631
FBC MORTGAGE, LLC 34 2.95% $7,043
DHI MORTGAGE COMPANY, LTD. 29 2.77% $6,743
SHELTER MORTGAGE COMPANY, L.L.C. 26 3.12% $6,059
HOME POINT FINANCIAL CORPORATION 26 2.49% $7,685
NEWREZ LLC 25 2.76% $5,060
AMERICAN FINANCIAL NETWORK, INC. 25 2.92% $16,305
PLANET HOME LENDING, LLC 24 2.58% $5,494
Mr. Cooper ( Nationstar Mortgage ) 23 2.84% $3,717
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 22 2.90% $8,134
Paramount Residential Mortgage Group, Inc. 21 2.96% $10,464
Flagstar Bank, FSB 21 2.77% $7,734
Carrington Mortgage Services, LLC 20 3.17% $5,667
Wells Fargo Bank 19 2.55% $4,704
PENTAGON FEDERAL CREDIT UNION 18 2.39% $2,698
InterContinental Capital Group, Inc 17 2.45% $5,916
PRIMARY RESIDENTIAL MORTGAGE, INC. 17 3.15% $7,533
EMM LOANS LLC 14 3.05% $13,336
GUARANTEED RATE, INC. 14 2.69% $4,878
NVR Mortgage Finance, Inc. 13 2.97% $4,450
GROUP ONE MORTGAGE, INC. 13 2.62% $8,251
ACOPIA, LLC 13 2.98% $6,829
PRIMELENDING, A PLAINSCAPITAL COMPANY 13 3.16% $8,954
THE MORTGAGE FIRM, INC. 13 2.70% $7,140
PULTE MORTGAGE LLC 12 2.92% $6,655
Equity Prime Mortgage LLC 11 3.32% $7,445
The Federal Savings Bank 11 2.65% $9,326
BROKER SOLUTIONS, INC. 11 2.61% $8,678
HOMEBRIDGE FINANCIAL SERVICES, INC. 10 2.55% $8,153
FIDELITY FUNDING MORTGAGE CORP. 10 2.59% $8,716
Barrington Bank & Trust Company, N.A. 10 2.83% $3,460
EAGLE HOME MORTGAGE, LLC 10 2.99% $5,288
Low VA Rates, LLC 10 2.26% $5,150
BAY EQUITY LLC 10 3.11% $7,818
Lakeview Community Capital, LLC 10 2.43% $2,329
HAMILTON HOME LOANS, INC. 9 3.17% $7,177
AMERISAVE MORTGAGE CORPORATION 9 2.60% $9,186
ACCELERATE MORTGAGE, LLC 9 2.31% $5,453
SUN WEST MORTGAGE COMPANY, INC. 9 2.80% $9,630
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 2.95% $8,700
Truist Bank 8 2.87% $6,232
Mid-Continent Funding, Inc. 8 2.77% $8,111
Goldwater Bank, N.A. 8 5.14% $14,053
LOANPAL, LLC 7 2.59% $7,544
U.S. Bank 7 2.54% $9,199
North American Savings Bank, F.S.B. 7 2.30% $3,797
CAPITAL PARTNERS MORTGAGE, LLC 7 3.03% $10,845
MATTAMY HOME FUNDING, LLC 7 2.68% $10,545
Christensen Financial, Inc. 7 3.18% $9,090
SWBC MORTGAGE CORPORATION 7 2.98% $8,209
Mortgage Lenders Investment Trading Corporation 6 3.17% $6,855
AMERICAN FINANCING CORPORATION 6 2.42% $5,148
COMPASS MORTGAGE, INC. 6 2.60% $4,117
NP, Inc. 6 2.94% $7,277
Northpointe Bank 6 2.65% $7,144
NBKC BANK 6 2.60% $3,365
NETWORK CAPITAL FUNDING CORPORATION 6 2.63% $7,659
GENEVA FINANCIAL, LLC 6 3.15% $7,850
Seacoast National Bank 6 2.50% $8,087
First Federal Bank 5 3.30% $8,361
CALCON MUTUAL MORTGAGE LLC 5 3.75% $5,057
MUTUAL OF OMAHA MORTGAGE, INC. 5 2.95% $2,833
ACADEMY MORTGAGE CORPORATION 5 2.95% $7,238
Strong Home Mortgage, LLC 5 2.43% $11,711
TJC Mortgage, Inc. 5 2.50% $3,948
PNC Bank 5 2.73% $4,677
South State Bank 4 2.84% $5,568
UNION HOME MORTGAGE CORP. 4 2.38% $14,580
BNC National Bank 4 2.34% $2,764
TOP FLITE FINANCIAL, INC. 4 3.00% $9,341
Citizens Bank 4 3.03% $11,190
Wyndham Capital Mortgage, Inc. 4 2.41% $1,987
CMG MORTGAGE, INC. 4 3.44% $10,664
EMBRACE HOME LOANS, INC. 4 2.78% $2,246
EVERETT FINANCIAL, INC. 4 3.25% $4,008
FINANCE OF AMERICA MORTGAGE LLC 4 3.13% $4,841
STEARNS LENDING, LLC 4 2.56% $10,835
First Guaranty Mortgage Corporation 4 2.50% $7,626
SOVEREIGN LENDING GROUP INCORPORATED 4 2.66% $5,614
MICHIGAN MUTUAL, INC. 4 3.06% $2,958
South Pacific Financial Corporation 4 2.63% $12,898
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 2.50% $8,987
PLAZA HOME MORTGAGE, INC. 3 2.46% $4,724
SIRVA MORTGAGE, INC. 3 2.88% $6,074
FirstBank 3 2.75% $5,214
Commerce Home Mortgage, Inc. 3 2.79% $6,776
OCMBC, INC. 3 2.75% $5,267
CELEBRITY HOME LOANS, LLC 3 2.33% $6,372
BAYSHORE MORTGAGE FUNDING, LLC 3 3.04% $11,458
TOWNE MORTGAGE COMPANY 3 2.62% $10,104
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 2.46% $14,296
NATIONWIDE MORTGAGE BANKERS, INC. 3 3.42% $12,517
MOVEMENT MORTGAGE, LLC 3 3.17% $10,143
ZILLOW HOME LOANS, LLC 2 2.56% $7,027
AMERIFIRST FINANCIAL CORPORATION 2 3.81% $13,167
AmeriHome Mortgage Company, LLC 2 2.69% $2,252
CHURCHILL MORTGAGE CORPORATION 2 3.00% $15,018
City National Bank of Florida 2 2.50% $7,176
CityWorth Mortgage LLC 2 2.81% $3,527
Community First National Bank 2 2.50% $5,782
CONTOUR MORTGAGE CORPORATION 2 2.25% $9,334
FIRST COMMUNITY MORTGAGE, INC. 2 2.31% $3,974
First Home Bank 2 2.75% $8,196
First Mortgage Solutions, LLC 2 2.25% $1,723
GUARANTEED RATE AFFINITY, LLC 2 2.94% $2,989
HOMESIDE FINANCIAL, LLC 2 2.75% $7,627
Hometown Lenders, Inc. 2 2.87% $12,342
KELLER MORTGAGE, LLC 2 2.50% $6,558
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 3.25% $6,767
SUCCESS MORTGAGE PARTNERS, INC. 2 2.68% $14,838
TD Bank 2 3.19% $3,120
US MORTGAGE CORPORATION 2 3.13% $7,954
Manufacturers and Traders Trust Company 1 2.88% $3,738
Magnolia Bank 1 3.25% $4,394
LAND HOME FINANCIAL SERVICES, INC. 1 3.63% $5,527
Paramount Bank 1 2.50% $9,701
LADERA LENDING, INC. 1 2.50% $18,746
KS StateBank 1 2.50% $2,879
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 1 2.63% $2,678
PHH Mortgage Corporation 1 2.88% $13,483
Plains Commerce Bank 1 2.50% $10,385
Keystone Funding, Inc. 1 2.38% $1,988
KBHS HOME LOANS, LLC 1 3.13% $5,013
J. VIRGIL, INC. 1 3.00% $8,544
PREMIA MORTGAGE, LLC 1 2.25% $5,660
Hometown Equity Mortgage, LLC 1 3.13% $12,151
Prime Choice Funding Inc. 1 2.75% $531
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 2.88% $6,148
Prosperity Home Mortgage, LLC 1 2.50% $3,594
HANCOCK MORTGAGE PARTNERS, LLC 1 4.00% $17,000
GSF Mortgage Corporation 1 3.75% $6,595
Quontic Bank 1 2.38% $20,744
Regions Bank 1 2.63% $5,171
RELIANCE FIRST CAPITAL, LLC 1 3.13% $12,348
ROYAL UNITED MORTGAGE LLC 1 3.75% $5,972
GoPrime Mortgage, Inc. 1 2.75% $2,228
Gateway First Bank 1 2.75% $4,265
FOUNDATION MORTGAGE CORPORATION 1 3.25% $14,593
SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 3.50% $3,606
FLAT BRANCH MORTGAGE, INC. 1 3.88% $3,252
First Horizon Bank 1 2.88% $11,581
FIRST HOME MORTGAGE CORPORATION 1 2.63% $7,002
SPACE COAST Credit Union 1 3.00% $3,591
First Federal Bank of Kansas City 1 2.75% $1,885
FAMILY FIRST FUNDING LLC 1 2.50% $4,903
AMERICAN FINANCIAL RESOURCES, INC. 1 3.63% $4,728
DATA MORTGAGE, INC. 1 3.00% $3,584
Colonial Savings, F.A. 1 2.88% $5,269
Synovus Bank 1 2.50% $8,508
AMCAP MORTGAGE, LTD. 1 3.25% $16,271
CIS Financial Services, Inc. 1 3.13% $6,244
CHAMPIONS MORTGAGE LLC 1 2.00% $4,672
TIDEWATER MORTGAGE SERVICES, INC. 1 2.50% $4,133
Centennial Bank 1 3.00% $9,815
Capital City Home Loans, LLC 1 2.75% $4,139
Towne Bank 1 2.88% $5,416
Bank of England 1 2.50% $8,424
BANKERS MORTGAGE LENDING, INC. 1 2.63% $9,565
ANGEL OAK HOME LOANS LLC 1 3.25% $2,988
UNITED MORTGAGE CORP. 1 2.25% $1,925
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.00% $5,042
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.00% $8,927
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 3.00% $5,359
ABSOLUTE HOME MORTGAGE CORPORATION 1 2.50% $19,863
American Mortgage and Insurance Inc. 1 3.75% $1,295
Waterstone Mortgage Corporation 1 2.38% $15,320
NATIONS RELIABLE LENDING, LLC 1 3.13% $15,193
MILEND, INC. 1 3.25% $6,144
MID AMERICA MORTGAGE, INC. 1 3.25% $3,571

The top Port St. Lucie VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 231 VA loans originated. Their average total fees are $5,697, which is $1,551 higher than the next largest lender, FREEDOM MORTGAGE CORPORATION.

The lowest fee Port St. Lucie VA lenders (with over 10 loans originated) are Lakeview Community Capital, LLC ($2,329), LAKEVIEW LOAN SERVICING, LLC ($2,547), PENTAGON FEDERAL CREDIT UNION ($2,698), Barrington Bank & Trust Company, N.A. ($3,460) and VILLAGE CAPITAL & INVESTMENT LLC ($3,575).

The lowest rate Port St. Lucie VA lenders (with over 10 loans originated) are Low VA Rates, LLC (2.26%), VILLAGE CAPITAL & INVESTMENT LLC (2.31%), CLEARPATH LENDING (2.34%), PENTAGON FEDERAL CREDIT UNION (2.39%) and Lakeview Community Capital, LLC (2.43%).

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.