San Angelo VA Loan Rates, Closing Costs & Stats

SAN ANGELO, TX

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.

San Angelo's 59 lenders originated 367 VA loans during 2024. The total origination value was $104,995,000, with an average VA loan value of $286,090.

San Angelo VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in San Angelo averaged 0.65% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

San Angelo's average VA mortgage closing costs are $6,874.

The average rate for the prior week (2025-06-27) was 6.98% and one month ago for the week of 2025-05-30, the average rate was 7.01%.

The average rate one year ago was 6.72%.

For refis of the same type during the week of 2025-07-04, the average rate was -0.31%.

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

San Angelo 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 San Angelo level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 51 6.38% $6,246
AMERICAN PACIFIC MORTGAGE CORPORATION 45 6.44% $11,947
MORTGAGE FINANCIAL SERVICES, LLC 39 6.61% $9,455
UNITED WHOLESALE MORTGAGE, LLC 21 5.78% $6,059
First Financial Bank 20 6.08% $9,599
T2 FINANCIAL LLC 19 6.74% $8,236
PENNYMAC LOAN SERVICES, LLC 16 5.62% $6,107
QUICKEN LOANS, LLC 16 5.92% $8,344
NAVY FEDERAL CREDIT UNION 13 6.09% $5,353
VILLAGE CAPITAL MORTGAGE 11 5.50% $6,103
FREEDOM MORTGAGE CORPORATION 10 5.92% $6,817
USAA Federal Savings Bank 10 6.36% $9,303
THE MORTGAGE LINK, INC. 8 7.05% $19,376
GUILD MORTGAGE COMPANY 6 6.13% $6,330
CMG MORTGAGE, INC. 4 6.63% $12,241
GENEVA FINANCIAL, LLC 4 7.13% $6,017
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 6.75% $3,263
CROSSCOUNTRY MORTGAGE, LLC 3 6.38% $7,715
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.94% $8,682
NBKC BANK 2 5.81% $10,871
NEWREZ LLC 2 6.00% $3,218
GUARANTEED RATE, INC. 2 5.65% $1,858
PENTAGON FEDERAL CREDIT UNION 2 5.94% $13,923
DIRECTIONS EQUITY, LLC 2 5.94% $9,260
CLEARPATH LENDING 2 5.25% $5,574
AmeriHome Mortgage Company, LLC 2 6.06% $4,700
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.00% $12,583
Mid-Continent Funding, Inc. 2 6.19% $6,924
Regions Bank 1 5.25% $9,020
Towne Bank 1 5.75% $8,185
UNIVERSITY Federal Credit Union 1 6.25% $3,065
ZILLOW HOME LOANS, LLC 1 5.75% $1,417
Atlantic Coast Mortgage, LLC 1 6.25% $11,784
BROKER SOLUTIONS, INC. 1 6.75% $10,952
CARDINAL FINANCIAL 1 5.99% $3,386
Carrington Mortgage Services, LLC 1 5.63% $4,963
Century Mortgage Company DBA Century Lending Company 1 6.13% $4,628
CHURCHILL MORTGAGE CORPORATION 1 6.75% $14,586
COMMUNITY MORTGAGE FUNDING, LLC 1 7.13% $8,286
Credence Funding Corporation 1 6.25% $1,400
Encompass Lending Group, LP 1 6.25% $10,611
Equity Prime Mortgage LLC 1 5.88% $6,447
Flagstar Bank, FSB 1 6.75% $8,847
GUARANTEED RATE AFFINITY, LLC 1 5.99% $3,944
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.25% $5,253
HOMESIDE FINANCIAL, LLC 1 7.25% $30,242
JPMorgan Chase Bank 1 5.38% $20,069
Lakeview Community Capital, LLC 1 5.75% $2,710
MORTGAGEONE, INC. 1 8.13% $2,382
MOVEMENT MORTGAGE, LLC 1 6.75% $17,748
Mr. Cooper ( Nationstar Mortgage ) 1 5.63% $4,234
Nations Lending Corporation 1 6.75% $19,845
NATIONS RELIABLE LENDING, LLC 1 6.75% $10,812
NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.75% $15,177
PHH Mortgage Corporation 1 4.99% $3,322
PLANET HOME LENDING, LLC 1 5.99% $1,730
PREMIA MORTGAGE, LLC 1 5.50% $0
Prosperity Home Mortgage, LLC 1 5.99% $6,839
RANLIFE, INC. 1 6.50% $6,786

The top San Angelo VA lender as defined by loan originations is Mortgage Research Center, LLC, with 51 VA loans originated. Their average total fees are $6,246, which is $5,701 lower than the next largest lender, AMERICAN PACIFIC MORTGAGE CORPORATION.

The lowest fee San Angelo VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($5,353), UNITED WHOLESALE MORTGAGE, LLC ($6,059), VILLAGE CAPITAL MORTGAGE ($6,103), PENNYMAC LOAN SERVICES, LLC ($6,107) and Mortgage Research Center, LLC ($6,246).

The lowest rate San Angelo VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (5.50%), PENNYMAC LOAN SERVICES, LLC (5.62%), UNITED WHOLESALE MORTGAGE, LLC (5.78%), QUICKEN LOANS, LLC (5.92%) and FREEDOM MORTGAGE CORPORATION (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.