Pueblo VA Loans

PUEBLO, CO

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.

Pueblo's 139 lenders originated 1,642 VA loans during 2021. The total origination value was $451,990,000, with an average VA loan value of $275,268.

Pueblo VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Pueblo averaged 5.27% 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 5.58% and one month ago for the week of 2022-04-15, the average rate was 5.04%.

The average rate one year ago was 2.93%.

For refis of the same type during the week of 2022-05-20, the average rate was 5.2%.

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

Pueblo 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 Pueblo level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
UNITED WHOLESALE MORTGAGE, LLC 116 2.51% $6,001
QUICKEN LOANS, LLC 110 2.49% $5,039
Mortgage Research Center, LLC 108 2.93% $6,458
FREEDOM MORTGAGE CORPORATION 105 2.50% $3,221
Ent Credit Union 73 2.57% $4,726
PENNYMAC LOAN SERVICES, LLC 56 2.48% $5,479
MORTGAGE SOLUTIONS OF COLORADO, LLC 53 2.88% $7,195
LOANDEPOT.COM, LLC 45 2.73% $5,623
GUARANTEED RATE, INC. 42 2.88% $7,951
VILLAGE CAPITAL & INVESTMENT LLC 32 2.45% $2,646
CALIBER HOME LOANS, INC. 31 2.69% $5,133
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 27 2.89% $9,464
MOVEMENT MORTGAGE, LLC 26 3.14% $7,814
NEW DAY FINANCIAL, LLC 26 2.82% $7,427
CLEARPATH LENDING 24 2.32% $3,611
USAA Federal Savings Bank 24 2.84% $5,158
NEWREZ LLC 21 2.60% $7,513
LAKEVIEW LOAN SERVICING, LLC 21 2.44% $3,071
UNIVERSAL LENDING CORPORATION 20 2.79% $9,312
HOME POINT FINANCIAL CORPORATION 19 2.59% $6,483
NAVY FEDERAL CREDIT UNION 19 2.47% $5,932
NBH Bank 19 2.53% $5,016
BROKER SOLUTIONS, INC. 18 2.66% $6,724
Financial Funding Solutions, Inc. 17 2.94% $8,398
PREMIER MORTGAGE SERVICES, INC. 15 2.66% $9,284
Northpointe Bank 14 2.95% $7,857
ACADEMY MORTGAGE CORPORATION 14 2.71% $6,392
AMERICAN FINANCIAL NETWORK, INC. 12 2.90% $8,558
HOMEAMERICAN MORTGAGE CORPORATION 12 2.51% $5,707
THRIVE MORTGAGE, LLC 12 3.18% $6,731
NP, Inc. 11 2.58% $5,400
Barrington Bank & Trust Company, N.A. 11 2.51% $4,711
Wells Fargo Bank 11 2.56% $4,051
CROSSCOUNTRY MORTGAGE, LLC 11 3.27% $6,972
ARK-LA-TEX FINANCIAL SERVICES, LLC. 10 3.09% $8,580
FINANCE OF AMERICA MORTGAGE LLC 10 2.75% $5,976
The Federal Savings Bank 10 2.53% $8,365
DRAPER AND KRAMER MORTGAGE CORP. 8 2.61% $8,158
Mr. Cooper ( Nationstar Mortgage ) 8 2.97% $3,314
PLANET HOME LENDING, LLC 8 2.55% $3,187
LOANPAL, LLC 8 2.64% $8,167
PENTAGON FEDERAL CREDIT UNION 8 2.33% $4,354
AMERISAVE MORTGAGE CORPORATION 8 2.63% $6,541
InterContinental Capital Group, Inc 7 2.39% $3,663
Carrington Mortgage Services, LLC 7 3.05% $5,451
CHERRY CREEK MORTGAGE, LLC 7 2.95% $5,784
Midwest Mortgage Associates Corporation 7 2.64% $8,736
S1L, Inc. 7 3.05% $5,732
CORNERSTONE HOME LENDING, INC. 6 2.69% $7,693
BAY EQUITY LLC 6 2.75% $9,318
GUILD MORTGAGE COMPANY 6 2.92% $4,500
AMERICAN FINANCING CORPORATION 6 2.52% $9,281
CONTOUR MORTGAGE CORPORATION 5 2.75% $5,173
Farmers & Stockmens Bank 5 2.33% $9,687
Low VA Rates, LLC 5 2.25% $4,066
MANN FINANCIAL INC. 5 3.30% $4,772
Commerce Home Mortgage, Inc. 5 2.85% $5,429
Flagstar Bank, FSB 5 2.70% $4,570
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 2.94% $5,401
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 2.94% $10,261
The Central Trust Bank 4 2.88% $3,157
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 4 2.50% $7,526
MUTUAL OF OMAHA MORTGAGE, INC. 4 2.63% $7,603
NOVA FINANCIAL & INVESTMENT CORPORATION 4 2.59% $4,878
HUNT MORTGAGE CORPORATION 4 3.06% $6,925
CHURCHILL MORTGAGE CORPORATION 4 2.47% $4,873
Trinity Oaks Mortgage, LLC 4 3.19% $9,663
First Federal Bank 4 3.90% $8,738
Magnolia Bank 4 2.78% $13,355
Loan Simple, Inc. 3 2.38% $6,253
Amerifirst Financial, Inc. 3 3.08% $10,785
SUN WEST MORTGAGE COMPANY, INC. 3 2.75% $7,671
SOVEREIGN LENDING GROUP INCORPORATED 3 2.25% $6,365
ZILLOW HOME LOANS, LLC 3 2.67% $9,038
North American Savings Bank, F.S.B. 3 2.46% $6,901
NFM, INC. 3 3.08% $7,268
Lakeview Community Capital, LLC 3 2.46% $2,544
First Guaranty Mortgage Corporation 2 2.50% $5,160
GUARANTEED RATE AFFINITY, LLC 2 3.06% $4,484
Equity Prime Mortgage LLC 2 3.56% $2,928
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 3.25% $3,423
DAS Acquisition Company, LLC 2 2.88% $12,102
Credence Funding Corporation 2 2.38% $2,297
Mid-Continent Funding, Inc. 2 2.75% $7,059
Nations Lending Corporation 2 3.19% $13,874
NETWORK CAPITAL FUNDING CORPORATION 2 2.31% $5,710
BNC National Bank 2 2.25% $5,458
Paramount Residential Mortgage Group, Inc. 2 2.63% $7,866
Plains Commerce Bank 2 2.50% $3,877
THE MORTGAGE COMPANY 2 3.44% $7,040
AMERICAN PACIFIC MORTGAGE CORPORATION 2 3.00% $7,965
VAN DYK MORTGAGE CORPORATION 2 2.75% $14,935
V.I.P. MORTGAGE, INC. 2 3.19% $7,864
ACCELERATE MORTGAGE, LLC 2 2.00% $6,464
WESTERRA CREDIT UNION 2 3.00% $3,429
WILLOW BEND MORTGAGE COMPANY, LLC 2 3.00% $8,839
KS StateBank 1 2.25% $17,197
J. VIRGIL, INC. 1 2.88% $3,464
INTERCOASTAL MORTGAGE COMPANY 1 2.75% $3,600
First Mortgage Solutions, LLC 1 2.25% $2,199
INTERCAP LENDING INC. 1 3.00% $3,226
BECKAM FUNDING CORP. 1 3.63% $7,620
OPEN MORTGAGE, LLC 1 3.25% $16,532
U.S. Bank 1 2.38% $2,598
BAYSHORE MORTGAGE FUNDING, LLC 1 2.25% $1,046
Independent Bank 1 2.38% $3,415
First Home Bank 1 2.75% $1,055
Bank of England 1 2.50% $23
PREMIA MORTGAGE, LLC 1 2.25% $5,317
Armed Forces Bank 1 2.25% $12,296
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.38% $1,251
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.99% $20,810
ANGEL OAK HOME LOANS LLC 1 2.50% $7,197
RANLIFE, INC. 1 2.88% $4,126
ROYAL UNITED MORTGAGE LLC 1 2.38% $15,665
Hometown Lenders, Inc. 1 2.25% $3,289
SECURITYNATIONAL MORTGAGE COMPANY 1 2.25% $10,852
Elevations Credit Union 1 2.63% $2,019
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.75% $12,001
T2 FINANCIAL LLC 1 2.50% $2,389
EMBRACE HOME LOANS, INC. 1 2.75% $2,980
Glacier Bank 1 2.75% $3,267
AIR ACADEMY 1 2.63% $888
Fifth Third Bank 1 2.75% $2,917
GENEVA FINANCIAL, LLC 1 2.50% $5,268
UNION HOME MORTGAGE CORP. 1 2.25% $16,516
UNITED SECURITY FINANCIAL CORP 1 2.25% $3,657
Wyndham Capital Mortgage, Inc. 1 2.38% $1,895
MID AMERICA MORTGAGE, INC. 1 2.63% $1,975
Meridian Bank Corporation 1 2.38% $13,906
Colonial Savings, F.A. 1 3.00% $8,520
CMG MORTGAGE, INC. 1 2.25% $4,317
Manufacturers and Traders Trust Company 1 2.50% $2,293
First Western Trust Bank 1 2.63% $8,817
Citizens Bank 1 2.75% $766
CRESCENT MORTGAGE COMPANY 1 2.75% $2,240
NBKC BANK 1 2.63% $1,944
American Mortgage & Equity Consultants, Inc. 1 2.63% $6,595
CELEBRITY HOME LOANS, LLC 1 2.50% $13,512

The top Pueblo VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 116 VA loans originated. Their average total fees are $6,001, which is $962 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Pueblo VA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC ($2,646), LAKEVIEW LOAN SERVICING, LLC ($3,071), FREEDOM MORTGAGE CORPORATION ($3,221), CLEARPATH LENDING ($3,611) and Wells Fargo Bank ($4,051).

The lowest rate Pueblo VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.32%), LAKEVIEW LOAN SERVICING, LLC (2.44%), VILLAGE CAPITAL & INVESTMENT LLC (2.45%), NAVY FEDERAL CREDIT UNION (2.47%) and PENNYMAC LOAN SERVICES, LLC (2.48%).

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.