Punta Gorda VA Loan Rates, Closing Costs & Stats

PUNTA GORDA, 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.

    Punta Gorda's 91 lenders originated 590 VA loans during 2024. The total origination value was $216,490,000, with an average VA loan value of $366,932.

    Punta Gorda VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Punta Gorda averaged 0.21% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Punta Gorda's average VA mortgage closing costs are $6,787.

    The average rate for the prior week (2025-06-13) was 6.86% and one month ago for the week of 2025-05-16, the average rate was 6.72%.

    The average rate one year ago was 6.92%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.27%.

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

    Punta Gorda 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 Punta Gorda level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 82 6.01% $8,587
    Mortgage Research Center, LLC 76 6.39% $6,384
    QUICKEN LOANS, LLC 33 6.04% $12,080
    EAGLE HOME MORTGAGE, LLC 25 5.51% $4,823
    DHI MORTGAGE COMPANY, LTD. 25 5.34% $5,569
    FREEDOM MORTGAGE CORPORATION 23 6.20% $11,501
    NAVY FEDERAL CREDIT UNION 22 6.00% $7,221
    VILLAGE CAPITAL MORTGAGE 15 5.55% $9,665
    PENNYMAC LOAN SERVICES, LLC 14 5.90% $10,364
    LOANDEPOT.COM, LLC 14 6.53% $10,562
    PULTE MORTGAGE LLC 14 5.22% $5,143
    CROSSCOUNTRY MORTGAGE, LLC 11 6.35% $8,480
    NEWREZ LLC 11 6.25% $8,870
    USAA Federal Savings Bank 11 6.03% $10,240
    AMERICAN PACIFIC MORTGAGE CORPORATION 7 6.78% $11,596
    LAKEVIEW LOAN SERVICING, LLC 7 5.91% $6,296
    NEW DAY FINANCIAL, LLC 7 7.21% $15,097
    INSPIRE HOME LOANS INC. 6 4.90% $4,453
    NVR Mortgage Finance, Inc. 6 5.95% $4,950
    UNION HOME MORTGAGE CORP. 5 6.23% $9,440
    PENTAGON FEDERAL CREDIT UNION 4 5.66% $7,938
    MUTUAL OF OMAHA MORTGAGE, INC. 4 6.22% $16,118
    TJC Mortgage, Inc. 4 6.38% $11,325
    CLEARPATH LENDING 4 5.59% $8,747
    THE MORTGAGE FIRM, INC. 4 6.19% $4,840
    BROKER SOLUTIONS, INC. 4 5.97% $10,292
    HOMESIDE FINANCIAL, LLC 3 6.42% $7,730
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 5.46% $5,749
    Carrington Mortgage Services, LLC 3 6.08% $9,145
    CMG MORTGAGE, INC. 3 6.08% $6,898
    EMBRACE HOME LOANS, INC. 3 6.21% $21,767
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.25% $2,854
    Flagstar Bank, FSB 3 6.50% $4,676
    GUILD MORTGAGE COMPANY 3 5.83% $8,133
    Ixonia Bank 3 6.67% $7,630
    Mr. Cooper ( Nationstar Mortgage ) 3 6.08% $13,799
    The Federal Savings Bank 3 6.50% $9,052
    Century Mortgage Company DBA Century Lending Company 2 6.50% $5,052
    Nations Lending Corporation 2 6.31% $21,054
    GUARANTEED RATE, INC. 2 6.46% $2,696
    M/I FINANCIAL, LLC 2 6.00% $8,170
    TBI MORTGAGE COMPANY 2 5.94% $2,886
    NBKC BANK 2 6.38% $3,479
    Wells Fargo Bank 2 6.31% $3,679
    MORTGAGE 1 INCORPORATED 2 6.63% $4,550
    The Loan Store, Inc. 2 6.00% $7,132
    CARDINAL FINANCIAL 2 6.25% $20,452
    MORTGAGEONE, INC. 2 6.94% $7,500
    Granite Community Bank 2 6.00% $14,939
    MOVEMENT MORTGAGE, LLC 2 6.25% $5,955
    Waterstone Mortgage Corporation 2 7.50% $11,286
    FAIRWAY FUNDING GROUP, INC. 2 6.19% $15,841
    EVERETT FINANCIAL, INC. 2 6.56% $8,945
    JPMorgan Chase Bank 2 5.88% $6,522
    PLANET HOME LENDING, LLC 2 4.06% $6,532
    PLAZA HOME MORTGAGE, INC. 2 6.37% $13,429
    Equity Prime Mortgage LLC 2 7.00% $13,062
    HOMESTEAD FUNDING CORP. 2 6.13% $6,627
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 7.00% $8,132
    Bell Bank 1 5.25% $650
    TOWNE MORTGAGE COMPANY 1 5.75% $7,768
    Truist 1 5.75% $3,288
    Trustmark National Bank 1 6.75% $5,949
    Barrington Bank & Trust Company, N.A. 1 5.75% $13,639
    Atlantic Coast Mortgage, LLC 1 5.50% $16,547
    Armed Forces Bank 1 6.63% $4,200
    VAN DYK MORTGAGE CORPORATION 1 6.63% $4,026
    VERITAS FUNDING, LLC 1 6.75% $15,119
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.00% $5,413
    Regions Bank 1 5.75% $8,181
    J. VIRGIL, INC. 1 6.25% $9,180
    LAKE MICHIGAN CREDIT UNION 1 5.88% $4,841
    Lakeview Community Capital, LLC 1 5.25% $5,507
    LENOX FINANCIAL MORTGAGE CORPORATION 1 6.13% $3,198
    GUARANTEED RATE AFFINITY, LLC 1 6.63% $14,005
    LOANPAL, LLC 1 5.25% $19,442
    Mid-Continent Funding, Inc. 1 6.63% $4,392
    GERSHMAN INVESTMENT CORP. 1 6.25% $11,928
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.75% $16,909
    GENEVA FINANCIAL, LLC 1 6.25% $0
    NETWORK CAPITAL FUNDING CORPORATION 1 6.50% $20,075
    First National Bank Texas 1 5.75% $330
    First Merchants Bank 1 7.00% $7,636
    FBC MORTGAGE, LLC 1 5.75% $9,746
    PARK SQUARE HOME MORTGAGE, LLC 1 4.99% $460
    Plains Commerce Bank 1 6.13% $6,732
    AMERICAN FINANCING CORPORATION 1 5.63% $10,716
    South Pacific Financial Corporation 1 7.25% $3,577
    SUN WEST MORTGAGE COMPANY, INC. 1 6.87% $6,189
    The Dart Bank 1 6.63% $9,423
    The Huntington National Bank 1 7.13% $3,438

    The top Punta Gorda VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 82 VA loans originated. Their average total fees are $8,587, which is $2,203 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Punta Gorda VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($4,823), PULTE MORTGAGE LLC ($5,143), DHI MORTGAGE COMPANY, LTD. ($5,569), Mortgage Research Center, LLC ($6,384) and NAVY FEDERAL CREDIT UNION ($7,221).

    The lowest rate Punta Gorda VA lenders (with over 10 loans originated) are PULTE MORTGAGE LLC (5.22%), DHI MORTGAGE COMPANY, LTD. (5.34%), EAGLE HOME MORTGAGE, LLC (5.51%), VILLAGE CAPITAL MORTGAGE (5.55%) and PENNYMAC LOAN SERVICES, LLC (5.90%).

    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.