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

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 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 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 6.58% for the week of 2022-12-02, compared to the national average (all VA variants) of 6.292% for the same period.

Port St. Lucie's average VA mortgage closing costs are $5,992.

The average rate for the prior week (2022-11-25) was 7.02% and one month ago for the week of 2022-10-28, the average rate was 6.91%.

The average rate one year ago was 3.39%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.63%.

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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
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 MORTGAGE 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
HOME POINT FINANCIAL CORPORATION 26 2.49% $7,685
SHELTER MORTGAGE COMPANY, L.L.C. 26 3.12% $6,059
AMERICAN FINANCIAL NETWORK, INC. 25 2.92% $16,305
NEWREZ LLC 25 2.76% $5,060
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
PRIMARY RESIDENTIAL MORTGAGE, INC. 17 3.15% $7,533
InterContinental Capital Group, Inc 17 2.45% $5,916
GUARANTEED RATE, INC. 14 2.69% $4,878
EMM LOANS LLC 14 3.05% $13,336
ACOPIA, LLC 13 2.98% $6,829
NVR Mortgage Finance, Inc. 13 2.97% $4,450
PRIMELENDING, A PLAINSCAPITAL COMPANY 13 3.16% $8,954
THE MORTGAGE FIRM, INC. 13 2.70% $7,140
GROUP ONE MORTGAGE, INC. 13 2.62% $8,251
PULTE MORTGAGE LLC 12 2.92% $6,655
The Federal Savings Bank 11 2.65% $9,326
BROKER SOLUTIONS, INC. 11 2.61% $8,678
Equity Prime Mortgage LLC 11 3.32% $7,445
FIDELITY FUNDING MORTGAGE CORP. 10 2.59% $8,716
Lakeview Community Capital, LLC 10 2.43% $2,329
Barrington Bank & Trust Company, N.A. 10 2.83% $3,460
Low VA Rates, LLC 10 2.26% $5,150
EAGLE HOME MORTGAGE, LLC 10 2.99% $5,288
HOMEBRIDGE FINANCIAL SERVICES, INC. 10 2.55% $8,153
BAY EQUITY LLC 10 3.11% $7,818
AMERISAVE MORTGAGE CORPORATION 9 2.60% $9,186
HAMILTON HOME LOANS, INC. 9 3.17% $7,177
ACCELERATE MORTGAGE, LLC 9 2.31% $5,453
SUN WEST MORTGAGE COMPANY, INC. 9 2.80% $9,630
Goldwater Bank, N.A. 8 5.14% $14,053
Truist 8 2.87% $6,232
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 2.95% $8,700
Mid-Continent Funding, Inc. 8 2.77% $8,111
Christensen Financial, Inc. 7 3.18% $9,090
SWBC MORTGAGE CORPORATION 7 2.98% $8,209
North American Savings Bank, F.S.B. 7 2.30% $3,797
U.S. Bank 7 2.54% $9,199
MATTAMY HOME FUNDING, LLC 7 2.68% $10,545
LOANPAL, LLC 7 2.59% $7,544
CAPITAL PARTNERS MORTGAGE, LLC 7 3.03% $10,845
NP, Inc. 6 2.94% $7,277
Northpointe Bank 6 2.65% $7,144
Mortgage Lenders Investment Trading Corporation 6 3.17% $6,855
NBKC BANK 6 2.60% $3,365
NETWORK CAPITAL FUNDING CORPORATION 6 2.63% $7,659
COMPASS MORTGAGE, INC. 6 2.60% $4,117
AMERICAN FINANCING CORPORATION 6 2.42% $5,148
GENEVA FINANCIAL, LLC 6 3.15% $7,850
Seacoast National Bank 6 2.50% $8,087
CALCON MUTUAL MORTGAGE LLC 5 3.75% $5,057
ACADEMY MORTGAGE CORPORATION 5 2.95% $7,238
Strong Home Mortgage, LLC 5 2.43% $11,711
MUTUAL OF OMAHA MORTGAGE, INC. 5 2.95% $2,833
First Federal Bank 5 3.30% $8,361
PNC Bank 5 2.73% $4,677
TJC Mortgage, Inc. 5 2.50% $3,948
FINANCE OF AMERICA MORTGAGE LLC 4 3.13% $4,841
EVERETT FINANCIAL, INC. 4 3.25% $4,008
EMBRACE HOME LOANS, INC. 4 2.78% $2,246
CMG MORTGAGE, INC. 4 3.44% $10,664
Wyndham Capital Mortgage, Inc. 4 2.41% $1,987
Citizens Bank 4 3.03% $11,190
South Pacific Financial Corporation 4 2.63% $12,898
UNION HOME MORTGAGE CORP. 4 2.38% $14,580
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 2.50% $8,987
SOVEREIGN LENDING GROUP INCORPORATED 4 2.66% $5,614
MICHIGAN MUTUAL, INC. 4 3.06% $2,958
First Guaranty Mortgage Corporation 4 2.50% $7,626
STEARNS LENDING, LLC 4 2.56% $10,835
TOP FLITE FINANCIAL, INC. 4 3.00% $9,341
BNC National Bank 4 2.34% $2,764
South State Bank 4 2.84% $5,568
Commerce Home Mortgage, Inc. 3 2.79% $6,776
SIRVA MORTGAGE, INC. 3 2.88% $6,074
BAYSHORE MORTGAGE FUNDING, LLC 3 3.04% $11,458
TOWNE MORTGAGE COMPANY 3 2.62% $10,104
OCMBC, INC. 3 2.75% $5,267
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 2.46% $14,296
NATIONWIDE MORTGAGE BANKERS, INC. 3 3.42% $12,517
FirstBank 3 2.75% $5,214
PLAZA HOME MORTGAGE, INC. 3 2.46% $4,724
CELEBRITY HOME LOANS, LLC 3 2.33% $6,372
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
MID AMERICA MORTGAGE, INC. 1 3.25% $3,571
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
M&T Bank 1 2.88% $3,738
MILEND, INC. 1 3.25% $6,144

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 MORTGAGE ($3,575).

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Port St. Lucie (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $285,000 (5.2%) $522,503 (9.0%) 1.06 3,473
2018-02-01 $284,950 (4.2%) $516,632 (2.2%) 1.03 3,587
2018-03-01 $284,888 (2.2%) $526,371 (1.6%) 1.00 3,563
2018-04-01 $283,700 (2.1%) $512,454 (1.1%) 0.96 3,512
2018-05-01 $284,350 (1.6%) $507,859 (-2.6%) 0.95 3,307
2018-06-01 $284,900 (0.3%) $501,708 (-3.3%) 0.95 3,209
2018-07-01 $289,894 (1.7%) $509,204 (-3.2%) 0.97 3,148
2018-08-01 $289,900 (1.7%) $515,107 (-2.2%) 0.97 3,176
2018-09-01 $289,000 (1.4%) $510,611 (-1.1%) 0.97 3,257
2018-10-01 $289,200 (1.6%) $511,056 (-1.0%) 0.98 3,386
2018-11-01 $289,450 (0.3%) $520,273 (-3.2%) 0.98 3,617
2018-12-01 $289,000 (3.2%) $531,624 (0.8%) 1.00 3,726
2019-01-01 $287,175 (0.8%) $523,910 (0.3%) 0.99 3,952
2019-02-01 $289,300 (1.5%) $517,076 (0.1%) 0.98 4,138
2019-03-01 $289,279 (1.5%) $517,945 (-1.6%) 0.95 4,099
2019-04-01 $289,279 (2.0%) $521,061 (1.7%) 0.92 3,970
2019-05-01 $289,900 (2.0%) $506,960 (-0.2%) 0.91 3,849
2019-06-01 $294,900 (3.5%) $491,501 (-2.0%) 0.92 3,729
2019-07-01 $293,250 (1.2%) $496,487 (-2.5%) 0.92 3,569
2019-08-01 $289,727 (-0.1%) $506,927 (-1.6%) 0.92 3,483
2019-09-01 $289,318 (0.1%) $510,104 (-0.1%) 0.93 3,389
2019-10-01 $289,045 (-0.1%) $513,484 (0.5%) 0.93 3,353
2019-11-01 $289,894 (0.2%) $531,893 (2.2%) 0.95 3,414
2019-12-01 $289,397 (0.1%) $536,444 (0.9%) 0.97 3,485
2020-01-01 $289,000 (0.6%) $534,532 (2.0%) 0.97 3,584
2020-02-01 $288,150 (-0.4%) $521,753 (0.9%) 0.94 3,673
2020-03-01 $290,000 (0.3%) $512,803 (-1.0%) 0.91 3,662
2020-04-01 $289,900 (0.2%) $503,787 (-3.3%) 0.91 3,609
2020-05-01 $289,900 (0.0%) $515,310 (1.7%) 0.88 3,379
2020-06-01 $299,000 (1.4%) $517,133 (5.2%) 0.88 2,949
2020-07-01 $302,950 (3.3%) $524,119 (5.6%) 0.88 2,575
2020-08-01 $307,983 (6.3%) $536,492 (5.8%) 0.88 2,362
2020-09-01 $307,450 (6.3%) $549,517 (7.7%) 0.88 2,112
2020-10-01 $314,990 (9.0%) $555,760 (8.2%) 0.90 2,030
2020-11-01 $318,450 (9.9%) $573,726 (7.9%) 0.93 2,016
2020-12-01 $321,500 (11.1%) $582,225 (8.5%) 0.96 1,982
2021-01-01 $325,000 (12.5%) $625,326 (17.0%) 0.97 1,782
2021-02-01 $323,995 (12.4%) $643,728 (23.4%) 0.94 1,451
2021-03-01 $322,450 (11.2%) $678,740 (32.4%) 0.91 1,261
2021-04-01 $342,348 (18.1%) $689,005 (36.8%) 0.93 1,135
2021-05-01 $350,000 (20.7%) $712,636 (38.3%) 0.93 1,063
2021-06-01 $379,950 (27.1%) $737,811 (42.7%) 1.00 1,051
2021-07-01 $394,990 (30.4%) $722,572 (37.9%) 1.04 1,090
2021-08-01 $397,450 (29.1%) $705,851 (31.6%) 1.06 1,138
2021-09-01 $399,450 (29.9%) $717,903 (30.6%) 1.07 1,151
2021-10-01 $411,900 (30.8%) $713,840 (28.4%) 1.10 1,118
2021-11-01 $421,100 (32.2%) $685,495 (19.5%) 1.12 1,070
2021-12-01 $425,000 (32.2%) $755,369 (29.7%) 1.15 1,016
2022-01-01 $429,000 (32.0%) $798,541 (27.7%) 1.16 866
2022-02-01 $424,950 (31.2%) $807,511 (25.4%) 1.11 866
2022-03-01 $436,975 (35.5%) $833,401 (22.8%) 1.09 886
2022-04-01 $450,000 (31.5%) $866,041 (25.7%) 1.07 971
2022-05-01 $467,000 (33.4%) $889,872 (24.9%) 1.07 1,206
2022-06-01 $480,000 (26.3%) $894,176 (21.2%) 1.07 1,514
2022-07-01 $470,900 (19.2%) $833,312 (15.3%) 1.07 1,902
2022-08-01 $462,500 (16.4%) $801,992 (13.6%) 1.07 2,178
2022-09-01 $450,000 (12.7%) $794,467 (10.7%) 1.05 2,277
2022-10-01 $449,984 (9.3%) $794,136 (11.3%) 1.06 2,355
2022-11-01 $444,950 (5.7%) $751,068 (9.6%) 1.07 2,532
Port St. Lucie's median listing price for 2022-11-01 was $444,950, a difference of $23,850 (5.7%) versus the prior year and $-5,034 versus the prior month.

Port St. Lucie's median listing price comes in at 107% of the national average.

Port St. Lucie's average listing price for 2022-11-01 was $751,068, a difference of $65,573 (9.6%) versus the prior year and $-43,068 versus the prior month.

For the 2022-11-01 period, Port St. Lucie had 2,532 MLS listings, a difference of 177 listings (8%) versus the prior month and 1,462 listings (137%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Port St. Lucie (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 72 days 1,946 sqft
2018-02-01 70 days 1,935 sqft
2018-03-01 64 days 1,929 sqft
2018-04-01 66 days 1,928 sqft
2018-05-01 68 days 1,917 sqft
2018-06-01 71 days 1,919 sqft
2018-07-01 73 days 1,939 sqft
2018-08-01 71 days 1,944 sqft
2018-09-01 70 days 1,908 sqft
2018-10-01 67 days 1,908 sqft
2018-11-01 65 days 1,921 sqft
2018-12-01 71 days 1,905 sqft
2019-01-01 77 days 1,896 sqft
2019-02-01 74 days 1,904 sqft
2019-03-01 73 days 1,907 sqft
2019-04-01 73 days 1,907 sqft
2019-05-01 74 days 1,903 sqft
2019-06-01 78 days 1,908 sqft
2019-07-01 82 days 1,910 sqft
2019-08-01 82 days 1,900 sqft
2019-09-01 81 days 1,888 sqft
2019-10-01 80 days 1,877 sqft
2019-11-01 72 days 1,874 sqft
2019-12-01 73 days 1,864 sqft
2020-01-01 76 days 1,845 sqft
2020-02-01 72 days 1,832 sqft
2020-03-01 66 days 1,829 sqft
2020-04-01 76 days 1,815 sqft
2020-05-01 88 days 1,800 sqft
2020-06-01 96 days 1,824 sqft
2020-07-01 83 days 1,839 sqft
2020-08-01 73 days 1,832 sqft
2020-09-01 69 days 1,846 sqft
2020-10-01 63 days 1,836 sqft
2020-11-01 61 days 1,842 sqft
2020-12-01 63 days 1,849 sqft
2021-01-01 67 days 1,866 sqft
2021-02-01 62 days 1,881 sqft
2021-03-01 51 days 1,828 sqft
2021-04-01 45 days 1,835 sqft
2021-05-01 41 days 1,866 sqft
2021-06-01 40 days 1,900 sqft
2021-07-01 41 days 1,881 sqft
2021-08-01 42 days 1,880 sqft
2021-09-01 43 days 1,833 sqft
2021-10-01 42 days 1,832 sqft
2021-11-01 44 days 1,862 sqft
2021-12-01 47 days 1,830 sqft
2022-01-01 47 days 1,850 sqft
2022-02-01 31 days 1,758 sqft
2022-03-01 29 days 1,804 sqft
2022-04-01 29 days 1,806 sqft
2022-05-01 29 days 1,818 sqft
2022-06-01 31 days 1,857 sqft
2022-07-01 36 days 1,859 sqft
2022-08-01 43 days 1,838 sqft
2022-09-01 50 days 1,821 sqft
2022-10-01 57 days 1,828 sqft
2022-11-01 60 days 1,828 sqft
Port St. Lucie's median listing age (time on market) for 2022-11-01 was 60 days. This is 38% longer than the same period one year ago.

Port St. Lucie's median square footage for active listings during the 2022-11-01 period was 1,828 sqft. One year prior, the average listing was 1,862 sqft.

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.