Seattle VA Loan Rates, Closing Costs & Stats

Seattle-Tacoma-Bellevue, WA

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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.

    Seattle's 171 lenders originated 4,635 VA loans during 2024. The total origination value was $2,697,225,000, with an average VA loan value of $581,926.

    Seattle VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Seattle averaged 0.34% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Seattle's average VA mortgage closing costs are $8,696.

    The average rate for the prior week (2025-06-13) was 6.78% and one month ago for the week of 2025-05-16, the average rate was 6.54%.

    The average rate one year ago was 6.74%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.15%.

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

    Seattle 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 Seattle level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 607 5.80% $10,292
    Mortgage Research Center, LLC 424 6.19% $9,474
    QUICKEN LOANS, LLC 259 5.87% $13,158
    CROSSCOUNTRY MORTGAGE, LLC 254 6.21% $10,921
    FREEDOM MORTGAGE CORPORATION 215 6.03% $14,508
    MOVEMENT MORTGAGE, LLC 176 6.23% $13,558
    NAVY FEDERAL CREDIT UNION 163 5.81% $10,532
    GUILD MORTGAGE COMPANY 141 6.05% $13,945
    PENNYMAC LOAN SERVICES, LLC 128 5.61% $12,166
    CMG MORTGAGE, INC. 123 6.02% $13,649
    NEWREZ LLC 123 5.98% $12,455
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 97 6.42% $11,933
    LOANDEPOT.COM, LLC 90 5.85% $13,062
    VILLAGE CAPITAL MORTGAGE 77 5.62% $9,064
    USAA Federal Savings Bank 74 6.16% $10,199
    BAY EQUITY LLC 65 6.30% $11,869
    The Federal Savings Bank 56 5.96% $26,150
    AMERICAN PACIFIC MORTGAGE CORPORATION 55 6.23% $15,816
    Paramount Residential Mortgage Group, Inc. 48 6.31% $12,246
    GUARANTEED RATE, INC. 47 5.92% $9,710
    BROKER SOLUTIONS, INC. 46 6.47% $13,402
    EAGLE HOME MORTGAGE, LLC 42 5.78% $8,405
    CANOPY MORTGAGE, LLC 38 6.19% $25,910
    PLANET HOME LENDING, LLC 36 5.98% $7,634
    NFM, INC. 36 6.10% $13,783
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 35 6.41% $16,845
    Mr. Cooper ( Nationstar Mortgage ) 33 5.77% $11,858
    NEW DAY FINANCIAL, LLC 30 7.35% $18,596
    NOVA FINANCIAL & INVESTMENT CORPORATION 30 6.07% $15,468
    MORTGAGE SOLUTIONS OF COLORADO, LLC 28 6.88% $8,690
    NBKC BANK 26 5.75% $8,810
    LAKEVIEW LOAN SERVICING, LLC 26 5.78% $8,990
    American Mortgage & Equity Consultants, Inc. 23 6.30% $18,087
    KBHS HOME LOANS, LLC 23 5.84% $7,970
    T2 FINANCIAL LLC 22 6.27% $13,761
    SAMMAMISH MORTGAGE COMPANY 20 5.96% $11,779
    HomeStreet Bank 19 6.32% $14,554
    CORNERSTONE HOME LENDING, INC. 19 6.05% $16,061
    HOMEAMERICAN MORTGAGE CORPORATION 18 5.24% $4,706
    SeaTrust Mortgage Company 18 6.64% $13,827
    1st Security Bank of Washington 18 6.03% $17,011
    The Loan Store, Inc. 17 6.12% $11,720
    First Federal Bank 17 5.63% $13,075
    Carrington Mortgage Services, LLC 17 5.87% $14,652
    INSPIRE HOME LOANS INC. 16 5.30% $12,980
    MUTUAL OF OMAHA MORTGAGE, INC. 15 5.98% $14,772
    Lakeview Community Capital, LLC 15 5.66% $5,620
    U.S. Bank 15 5.90% $12,343
    Boeing Employees Credit Union 14 6.43% $4,614
    GoPrime Mortgage, Inc. 12 6.08% $11,878
    MLD MORTGAGE INC. 12 5.92% $10,988
    Equity Prime Mortgage LLC 12 6.33% $14,403
    SUN WEST MORTGAGE COMPANY, INC. 12 6.09% $14,268
    Alaska USA Federal Credit Union 12 6.27% $7,755
    DHI MORTGAGE COMPANY, LTD. 12 5.04% $8,018
    AMERICAN FINANCIAL NETWORK, INC. 11 5.93% $15,508
    PRIMELENDING, A PLAINSCAPITAL COMPANY 11 6.39% $10,145
    Century Mortgage Company DBA Century Lending Company 11 5.99% $4,496
    Cornerstone First Mortgage, Inc 10 6.06% $16,012
    DIRECTORS MORTGAGE, INC. 10 6.53% $14,434
    CARDINAL FINANCIAL 9 5.94% $19,455
    Armed Forces Bank 9 6.04% $15,268
    SCENIC OAKS FUNDING, INC. 9 6.42% $13,316
    NATIONS DIRECT MORTGAGE, LLC 8 6.20% $15,013
    Barrington Bank & Trust Company, N.A. 8 6.34% $8,050
    SOUND 8 5.86% $9,654
    Sunflower Bank 8 6.34% $15,620
    AMERISAVE MORTGAGE CORPORATION 8 5.91% $31,317
    PENTAGON FEDERAL CREDIT UNION 8 5.94% $5,788
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 5.91% $11,295
    Credence Funding Corporation 7 5.52% $10,003
    S1L, Inc. 7 6.27% $19,541
    MASON MCDUFFIE MORTGAGE CORPORATION 7 6.43% $17,063
    PLAZA HOME MORTGAGE, INC. 6 5.71% $17,225
    JPMorgan Chase Bank 6 5.87% $4,634
    FIRST COLONY MORTGAGE CORPORATION 6 5.88% $4,943
    Umpqua Bank 6 6.40% $10,840
    LOANPAL, LLC 6 5.54% $17,177
    PREMIA MORTGAGE, LLC 6 5.68% $7,662
    PREMIER MORTGAGE RESOURCES, L.L.C. 6 6.27% $10,493
    LEADERONE FINANCIAL CORPORATION 5 6.80% $12,462
    V.I.P. MORTGAGE, INC. 5 5.85% $15,566
    ENVOY MORTGAGE, LTD 5 6.28% $13,750
    Banner Bank 5 5.98% $9,505
    HOMEBRIDGE FINANCIAL SERVICES, INC. 5 6.45% $8,614
    Prosperity Home Mortgage, LLC 5 6.00% $14,148
    Plains Commerce Bank 5 6.40% $11,146
    GENEVA FINANCIAL, LLC 5 6.28% $41,865
    GUARANTEED RATE AFFINITY, LLC 5 6.49% $9,307
    UNION HOME MORTGAGE CORP. 5 6.15% $9,535
    ON Q FINANCIAL, INC. 4 5.87% $4,624
    ZILLOW HOME LOANS, LLC 4 6.06% $18,831
    Ixonia Bank 4 5.59% $28,043
    Mid-Continent Funding, Inc. 4 6.03% $9,512
    Flagstar Bank, FSB 4 6.13% $5,853
    FIRST CONTINENTAL MORTGAGE, LTD. 3 6.50% $8,699
    TBI MORTGAGE COMPANY 3 6.17% $16,880
    Strong Home Mortgage, LLC 3 6.08% $7,517
    Nations Lending Corporation 3 6.38% $18,174
    HOMESIDE FINANCIAL, LLC 3 6.79% $27,298
    PHH Mortgage Corporation 3 5.50% $10,612
    RESIDENTIAL MORTGAGE, LLC 3 6.29% $23,887
    CITY FIRST MORTGAGE SERVICES, L.L.C. 3 6.38% $5,934
    LADERA LENDING, INC. 3 6.17% $16,513
    DAS Acquisition Company, LLC 2 6.43% $6,288
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.44% $5,600
    NP, Inc. 2 6.19% $5,304
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 5.88% $17,516
    TJC Mortgage, Inc. 2 5.56% $19,561
    HomePromise Corporation 2 7.38% $1,283
    Waterstone Mortgage Corporation 2 6.44% $18,411
    Magnolia Bank 2 5.81% $17,391
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.25% $21,125
    Shea Mortgage Inc. 2 5.88% $8,419
    MORTGAGE EXPRESS, LLC 2 6.88% $8,453
    SECURITYNATIONAL MORTGAGE COMPANY 2 6.75% $22,606
    KeyBank 2 6.13% $12,675
    PULTE MORTGAGE LLC 2 5.75% $10,511
    ALLIED MORTGAGE GROUP, INC. 2 5.88% $8,176
    Commerce Home Mortgage, Inc. 2 7.06% $5,248
    Wells Fargo Bank 2 6.00% $7,112
    NETWORK CAPITAL FUNDING CORPORATION 2 5.94% $17,988
    AMERICAN FINANCING CORPORATION 2 5.19% $24,473
    CHURCHILL MORTGAGE CORPORATION 2 6.50% $11,267
    America's Credit Union 2 6.31% $7,682
    North American Savings Bank, F.S.B. 2 5.88% $11,246
    City Lending Inc. 1 6.25% $29,093
    EMBRACE HOME LOANS, INC. 1 6.49% $5,725
    Encompass Lending Group, LP 1 7.25% $4,982
    Farmers Bank & Trust 1 6.50% $3,245
    First Western Trust Bank 1 6.13% $9,034
    Franklin Loan Corporation 1 6.50% $850
    CALCON MUTUAL MORTGAGE LLC 1 5.63% $7,726
    GARDNER FINANCIAL SERVICES, LTD. 1 6.50% $10,112
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.13% $4,610
    HighTechLending Inc 1 5.63% $14,101
    Home Mortgage Alliance Corp 1 6.50% $9,755
    INTELLILOAN, INC. 1 6.00% $2,703
    JMAC LENDING, INC. 1 5.75% $22,319
    Keystone Funding, Inc. 1 6.13% $36,242
    LENOX FINANCIAL MORTGAGE CORPORATION 1 5.50% $4,774
    LPMC, LLC 1 5.99% $0
    MEGASTAR FINANCIAL CORP. 1 6.50% $17,256
    MICHIGAN MUTUAL, INC. 1 6.75% $12,470
    MORTGAGEONE, INC. 1 6.00% $13,615
    Bank of England 1 6.25% $2,344
    Bank of America 1 6.88% $23,163
    AXIA FINANCIAL, LLC 1 6.25% $28,350
    MY MOVE MORTGAGE, LLC 1 5.75% $45,043
    NASA Federal Credit Union 1 5.75% $20,295
    AmeriHome Mortgage Company, LLC 1 5.75% $19,874
    Northpointe Bank 1 6.13% $24,610
    NORWICH COMMERCIAL GROUP, INC. 1 5.25% $5,560
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $24,140
    NuVision Federal Credit Union 1 6.75% $28,263
    ONY GLO, INC. 1 6.13% $33,012
    PENRITH HOME LOANS LLC 1 6.25% $26,586
    POINT Mortgage 1 6.25% $15,270
    Presidential Bank, FSB 1 6.75% $3,346
    Sierra Pacific Mortgage Company, Inc. 1 6.75% $33,357
    Stride Bank 1 6.50% $22,881
    SUMMIT FUNDING, INC. 1 6.13% $8,457
    Summit Mortgage Corporation 1 7.00% $4,648
    Texana Bank 1 6.75% $1,422
    The Central Trust Bank 1 5.99% $2,889
    Truist 1 6.75% $16,573
    ALLIANT CREDIT UNION 1 5.75% $2,310
    Academy Bank 1 6.25% $32,089
    WASHINGTON STATE EMPLOYEES Credit Union 1 5.75% $24,059
    Willamette Valley Bank 1 6.25% $1,643
    CLEARPATH LENDING 1 5.75% $11,812

    The top Seattle VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 607 VA loans originated. Their average total fees are $10,292, which is $819 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Seattle VA lenders (with over 10 loans originated) are Century Mortgage Company DBA Century Lending Company ($4,496), Boeing Employees Credit Union ($4,614), HOMEAMERICAN MORTGAGE CORPORATION ($4,706), Lakeview Community Capital, LLC ($5,620) and PLANET HOME LENDING, LLC ($7,634).

    The lowest rate Seattle VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.04%), HOMEAMERICAN MORTGAGE CORPORATION (5.24%), INSPIRE HOME LOANS INC. (5.30%), PENNYMAC LOAN SERVICES, LLC (5.61%) and VILLAGE CAPITAL MORTGAGE (5.62%).

    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.