Twin Falls VA Loan Rates, Closing Costs & Stats
TWIN FALLS, ID
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.
Twin Falls's 36 lenders originated 184 VA loans during 2024. The total origination value was $64,720,000, with an average VA loan value of $351,739.
Twin Falls VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Twin Falls
averaged
0.2%
for the week of 2025-06-20, compared to the national average (all VA variants) of
0% for the same period.
Twin Falls's average VA mortgage closing costs are $7,304.
The average rate for the prior week (2025-06-13) was
6.54% and
one month ago for the week of 2025-05-16, the
average rate was 6.8%.
The average rate one year ago was 6.8%.
For refis of the same type during the week of 2025-06-20, the average rate
was 0.11%.
Twin Falls 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 Twin Falls level.
The top Twin Falls VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
21 VA loans originated. Their average total fees are
$6,015, which is $671
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Twin Falls VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($5,344), UNITED WHOLESALE MORTGAGE, LLC ($6,015), PREMIER MORTGAGE RESOURCES, L.L.C. ($9,963), GUILD MORTGAGE COMPANY ($13,169) and IDAHO CENTRAL ($13,679).
The lowest rate Twin Falls VA lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (5.88%), IDAHO CENTRAL (6.00%), GUILD MORTGAGE COMPANY (6.11%), Mortgage Research Center, LLC (6.27%) and PREMIER MORTGAGE RESOURCES, L.L.C. (6.37%).