San Francisco VA Loan Rates, Closing Costs & Stats

San Francisco-Oakland-Berkeley, CA

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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.

    San Francisco's 102 lenders originated 752 VA loans during 2024. The total origination value was $605,490,000, with an average VA loan value of $805,173.

    San Francisco VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in San Francisco averaged 0.32% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    San Francisco's average VA mortgage closing costs are $9,972.

    The average rate for the prior week (2025-06-13) was 6.96% and one month ago for the week of 2025-05-16, the average rate was 6.52%.

    The average rate one year ago was 6.82%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.1%.

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

    San Francisco 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 Francisco level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 141 5.78% $11,548
    Mortgage Research Center, LLC 79 6.19% $11,243
    QUICKEN LOANS, LLC 74 5.92% $12,769
    CROSSCOUNTRY MORTGAGE, LLC 36 6.09% $13,676
    NAVY FEDERAL CREDIT UNION 26 5.82% $9,364
    PENNYMAC LOAN SERVICES, LLC 21 5.65% $13,471
    FREEDOM MORTGAGE CORPORATION 20 6.06% $16,489
    LOANDEPOT.COM, LLC 19 5.63% $18,902
    NEWREZ LLC 17 5.93% $13,608
    CMG MORTGAGE, INC. 17 6.05% $11,794
    EVERETT FINANCIAL, INC. 13 6.64% $14,536
    AMERICAN PACIFIC MORTGAGE CORPORATION 10 6.31% $10,988
    GUARANTEED RATE AFFINITY, LLC 9 6.02% $11,053
    USAA Federal Savings Bank 9 6.03% $15,237
    VILLAGE CAPITAL MORTGAGE 8 5.67% $9,239
    Paramount Residential Mortgage Group, Inc. 8 6.09% $10,668
    BROKER SOLUTIONS, INC. 8 6.01% $20,157
    NBKC BANK 7 5.77% $10,599
    The Federal Savings Bank 7 5.84% $34,382
    GUARANTEED RATE, INC. 7 5.98% $12,642
    SUN WEST MORTGAGE COMPANY, INC. 6 6.03% $17,385
    ALAMEDA MORTGAGE CORPORATION 6 6.60% $16,655
    Wells Fargo Bank 5 6.40% $13,676
    Barrington Bank & Trust Company, N.A. 5 6.40% $22,167
    KBHS HOME LOANS, LLC 5 5.84% $6,600
    MUTUAL OF OMAHA MORTGAGE, INC. 5 5.73% $25,382
    PULTE MORTGAGE LLC 5 5.73% $23,982
    U.S. Bank 5 6.12% $14,890
    MLD MORTGAGE INC. 4 5.88% $6,879
    Commerce Home Mortgage, Inc. 4 6.41% $12,072
    Mr. Cooper ( Nationstar Mortgage ) 4 6.44% $17,125
    Vellum Mortgage, Inc. 4 6.00% $13,079
    The Loan Store, Inc. 4 5.91% $11,346
    PENTAGON FEDERAL CREDIT UNION 4 6.09% $7,743
    JPMorgan Chase Bank 4 5.65% $15,124
    Flagstar Bank, FSB 4 5.90% $15,578
    Cornerstone First Mortgage, Inc 4 6.41% $22,617
    Magnolia Bank 3 5.71% $37,082
    NFM, INC. 3 4.99% $20,417
    Ameris Bank 3 5.92% $8,402
    Sierra Pacific Mortgage Company, Inc. 3 6.62% $17,564
    GUILD MORTGAGE COMPANY 3 6.38% $12,806
    EAGLE HOME MORTGAGE, LLC 3 5.29% $3,675
    S1L, Inc. 3 6.38% $7,224
    LAKEVIEW LOAN SERVICING, LLC 3 5.75% $7,347
    First Federal Bank 2 5.50% $4,624
    MASON MCDUFFIE MORTGAGE CORPORATION 2 7.00% $14,239
    Home Mortgage Alliance Corp 2 6.37% $11,026
    NATIONS DIRECT MORTGAGE, LLC 2 5.25% $15,608
    AMERICAN FINANCIAL NETWORK, INC. 2 6.25% $20,301
    Century Mortgage Company DBA Century Lending Company 2 6.13% $7,269
    NEW DAY FINANCIAL, LLC 2 7.37% $18,281
    CARDINAL FINANCIAL 2 6.31% $25,293
    North American Savings Bank, F.S.B. 2 6.19% $7,923
    AMERISAVE MORTGAGE CORPORATION 2 6.06% $55,018
    TOWNE MORTGAGE COMPANY 2 5.38% $8,321
    Franklin Loan Corporation 2 6.00% $14,232
    AmeriHome Mortgage Company, LLC 2 6.13% $19,191
    OCMBC, INC. 2 5.94% $8,792
    LOANPAL, LLC 2 5.69% $22,331
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.44% $17,084
    SCENIC OAKS FUNDING, INC. 1 7.13% $31,450
    South Pacific Financial Corporation 1 5.38% $5,028
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.99% $6,493
    Texana Bank 1 6.63% $19,859
    UNION HOME MORTGAGE CORP. 1 6.13% $24,491
    American Mortgage & Equity Consultants, Inc. 1 5.62% $14,367
    ALLIED MORTGAGE GROUP, INC. 1 6.75% $15,332
    DAS Acquisition Company, LLC 1 7.13% $3,351
    PHH Mortgage Corporation 1 5.38% $1,235
    Credence Funding Corporation 1 5.50% $18,964
    HOMEAMERICAN MORTGAGE CORPORATION 1 6.63% $0
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.13% $12,770
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.63% $26,880
    HOMESIDE FINANCIAL, LLC 1 6.25% $16,598
    JMAC LENDING, INC. 1 6.13% $10,815
    JMJ FINANCIAL GROUP 1 6.75% $9,508
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.25% $3,848
    LADERA LENDING, INC. 1 5.63% $5,104
    Lakeview Community Capital, LLC 1 5.25% $14,327
    LAND HOME FINANCIAL SERVICES, INC. 1 6.25% $7,439
    COASTAL FUNDING SLC, INC. 1 5.75% $9,610
    MORTGAGEONE, INC. 1 6.25% $56,418
    CLEARPATH LENDING 1 5.75% $6,903
    MOVEMENT MORTGAGE, LLC 1 5.63% $1,685
    Carrington Mortgage Services, LLC 1 6.13% $17,602
    NETWORK CAPITAL FUNDING CORPORATION 1 6.13% $34,399
    Northpointe Bank 1 6.25% $32,970
    NORWICH COMMERCIAL GROUP, INC. 1 5.63% $5,686
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.25% $10,592
    Paramount Bank 1 5.75% $6,570
    BMO Harris Bank 1 5.63% $27,509
    BAY-VALLEY MORTGAGE GROUP 1 6.75% $29,679
    Performance Financial, Inc. 1 6.25% $41,813
    Plains Commerce Bank 1 6.25% $8,625
    PLANET HOME LENDING, LLC 1 5.99% $2,506
    PREMIA MORTGAGE, LLC 1 6.15% $420
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.00% $7,380
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.99% $18,596
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.75% $9,316
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 5.75% $9,373
    San Diego Funding 1 5.99% $17,621

    The top San Francisco VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 141 VA loans originated. Their average total fees are $11,548, which is $305 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee San Francisco VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($9,364), AMERICAN PACIFIC MORTGAGE CORPORATION ($10,988), Mortgage Research Center, LLC ($11,243), UNITED WHOLESALE MORTGAGE, LLC ($11,548) and CMG MORTGAGE, INC. ($11,794).

    The lowest rate San Francisco VA lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (5.63%), PENNYMAC LOAN SERVICES, LLC (5.65%), UNITED WHOLESALE MORTGAGE, LLC (5.78%), NAVY FEDERAL CREDIT UNION (5.82%) and QUICKEN LOANS, LLC (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.