Washington VA Loan Rates, Closing Costs & Stats

Washington-Arlington-Alexandria, DC-VA-MD-WV

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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.

    Washington's 254 lenders originated 14,099 VA loans during 2024. The total origination value was $8,408,715,000, with an average VA loan value of $596,405.

    Washington VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Washington averaged 0.22% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Washington's average VA mortgage closing costs are $8,946.

    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 6.62%.

    The average rate one year ago was 6.72%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.11%.

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

    Washington 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 Washington level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 1,138 5.77% $10,836
    Mortgage Research Center, LLC 1,112 6.24% $10,096
    FREEDOM MORTGAGE CORPORATION 724 6.05% $12,959
    QUICKEN LOANS, LLC 695 5.95% $13,855
    NAVY FEDERAL CREDIT UNION 623 5.86% $8,747
    NVR Mortgage Finance, Inc. 431 6.17% $9,760
    PENNYMAC LOAN SERVICES, LLC 419 5.56% $12,004
    First Heritage Mortgage, LLC 397 6.13% $15,797
    MOVEMENT MORTGAGE, LLC 369 6.16% $11,838
    GUARANTEED RATE, INC. 360 5.91% $10,035
    Atlantic Coast Mortgage, LLC 337 6.22% $13,040
    CMG MORTGAGE, INC. 328 6.06% $14,289
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 269 6.23% $10,969
    VILLAGE CAPITAL MORTGAGE 241 5.51% $9,934
    Prosperity Home Mortgage, LLC 226 6.05% $13,499
    CROSSCOUNTRY MORTGAGE, LLC 223 6.16% $12,710
    FIRST HOME MORTGAGE CORPORATION 219 6.26% $13,888
    NEWREZ LLC 206 6.10% $12,065
    INTERCOASTAL MORTGAGE COMPANY 204 6.22% $14,513
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 185 6.19% $13,413
    USAA Federal Savings Bank 180 6.22% $12,977
    EMBRACE HOME LOANS, INC. 172 6.16% $12,625
    FIRST SAVINGS MORTGAGE CORPORATION 166 6.17% $13,436
    LOANDEPOT.COM, LLC 158 5.69% $13,725
    EAGLE HOME MORTGAGE, LLC 132 6.08% $7,598
    DHI MORTGAGE COMPANY, LTD. 129 5.43% $9,977
    NFM, INC. 127 6.24% $12,193
    PENTAGON FEDERAL CREDIT UNION 116 5.96% $8,351
    Towne Bank 110 6.10% $13,786
    The Federal Savings Bank 107 6.14% $22,325
    GUARANTEED RATE AFFINITY, LLC 104 6.12% $11,826
    Vellum Mortgage, Inc. 92 6.24% $14,144
    BAY EQUITY LLC 91 6.17% $11,585
    NEW DAY FINANCIAL, LLC 90 7.45% $20,315
    PLANET HOME LENDING, LLC 90 5.76% $7,137
    Mr. Cooper ( Nationstar Mortgage ) 84 6.01% $10,929
    NBKC BANK 64 5.88% $10,288
    BROKER SOLUTIONS, INC. 61 6.40% $16,886
    First Federal Bank 58 5.76% $10,434
    Century Mortgage Company DBA Century Lending Company 57 5.95% $9,052
    HOMESIDE FINANCIAL, LLC 56 6.14% $15,635
    JAMS-01, INC. 50 6.08% $14,256
    United Bank 49 6.11% $12,094
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 49 6.23% $7,803
    GUILD MORTGAGE COMPANY 48 6.24% $13,612
    Truist 47 6.17% $11,914
    LAKEVIEW LOAN SERVICING, LLC 46 5.73% $7,238
    Alcova Mortgage LLC 46 6.23% $10,978
    MUTUAL OF OMAHA MORTGAGE, INC. 45 6.07% $18,453
    CLEARPATH LENDING 43 5.73% $12,717
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 43 6.19% $13,406
    Integrity Home Mortgage Corp 41 6.30% $11,135
    SUN WEST MORTGAGE COMPANY, INC. 41 6.21% $13,378
    Carrington Mortgage Services, LLC 40 5.89% $12,987
    HOMEAMERICAN MORTGAGE CORPORATION 40 5.17% $9,269
    Presidential Bank, FSB 37 6.11% $10,968
    Armed Forces Bank 37 5.99% $10,191
    AMERICAN FINANCIAL NETWORK, INC. 37 6.36% $12,000
    Lakeview Community Capital, LLC 35 5.52% $9,362
    M&T Bank 35 6.24% $7,892
    MORIA DEVELOPMENT, INC. 33 6.27% $14,781
    HOMESPIRE MORTGAGE CORPORATION 33 6.10% $10,106
    PULTE MORTGAGE LLC 33 5.61% $6,108
    Sandy Spring Bank 32 6.11% $11,857
    U.S. Bank 31 6.21% $12,443
    Strong Home Mortgage, LLC 30 5.94% $9,975
    Ameris Bank 29 5.97% $11,022
    FIRST EQUITY MORTGAGE INCORPORATED 29 5.94% $15,893
    UNION HOME MORTGAGE CORP. 29 6.32% $17,808
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 28 6.08% $12,326
    Wells Fargo Bank 27 6.13% $13,236
    Meridian Bank Corporation 27 6.38% $13,343
    American Mortgage & Equity Consultants, Inc. 26 5.92% $15,830
    The Freedom Bank of Virginia 26 6.06% $14,905
    SWBC MORTGAGE CORPORATION 25 6.08% $8,994
    PRIMELENDING, A PLAINSCAPITAL COMPANY 25 6.27% $8,074
    PHH Mortgage Corporation 25 5.52% $7,178
    AMERISAVE MORTGAGE CORPORATION 24 5.73% $28,065
    TBI MORTGAGE COMPANY 23 5.88% $10,087
    CHURCHILL MORTGAGE CORPORATION 23 6.17% $10,503
    SOUTHERN TRUST MORTGAGE, LLC 23 6.36% $11,532
    Magnolia Bank 23 5.83% $23,429
    BAY CAPITAL MORTGAGE CORPORATION 22 6.07% $10,798
    THE MORTGAGE LINK, INC. 21 6.17% $25,923
    FIDELITY DIRECT MORTGAGE, LLC 20 6.25% $13,575
    MORTGAGE ACCESS CORP. 19 6.33% $10,749
    Paramount Residential Mortgage Group, Inc. 19 6.41% $12,763
    Barrington Bank & Trust Company, N.A. 18 6.17% $11,946
    DAS Acquisition Company, LLC 18 6.13% $16,807
    ZILLOW HOME LOANS, LLC 18 6.11% $13,274
    Shore United Bank 16 6.22% $14,889
    PLAZA HOME MORTGAGE, INC. 16 6.01% $13,409
    GoPrime Mortgage, Inc. 15 6.07% $9,101
    Mid-Continent Funding, Inc. 15 6.00% $9,999
    Capital Bank 15 6.18% $12,884
    T2 FINANCIAL LLC 15 6.60% $14,744
    Flagstar Bank, FSB 15 6.00% $8,550
    LOANPAL, LLC 14 5.89% $13,709
    PRIMARY RESIDENTIAL MORTGAGE, INC. 14 6.21% $12,468
    JET HOMELOANS, LLC 14 5.99% $12,961
    NATIONS DIRECT MORTGAGE, LLC 14 5.97% $9,757
    Plains Commerce Bank 14 6.28% $9,687
    FIRST COMMUNITY MORTGAGE, INC. 13 6.29% $14,066
    Equity Prime Mortgage LLC 13 6.38% $13,788
    Waterstone Mortgage Corporation 13 5.99% $18,332
    CARDINAL FINANCIAL 12 6.24% $21,757
    AMERICAN PACIFIC MORTGAGE CORPORATION 12 6.32% $19,746
    Atlantic Union Bank 12 6.35% $12,240
    WesBanco 12 6.42% $13,058
    Citizens Bank 11 6.24% $16,086
    DIRECT MORTGAGE LOANS, LLC 11 6.51% $18,735
    NATIONWIDE MORTGAGE BANKERS, INC. 11 6.31% $19,530
    Residential Mortgage Solutions, Inc. 11 5.82% $9,656
    CALCON MUTUAL MORTGAGE LLC 10 6.06% $8,789
    RELIANCE FIRST CAPITAL, LLC 10 6.55% $14,226
    OceanFirst Bank 10 6.13% $10,002
    Credence Funding Corporation 10 5.37% $8,643
    The Loan Store, Inc. 10 6.24% $11,822
    JPMorgan Chase Bank 10 5.86% $3,587
    BAYSHORE MORTGAGE FUNDING, LLC 10 6.06% $18,107
    AmeriHome Mortgage Company, LLC 9 6.08% $8,993
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 9 6.01% $26,178
    MY MORTGAGE, INC. 9 6.22% $8,079
    MORTGAGE SOLUTIONS OF COLORADO, LLC 9 6.75% $17,243
    NETWORK CAPITAL FUNDING CORPORATION 9 6.07% $24,481
    SUMMIT FUNDING, INC. 9 6.10% $15,357
    Ixonia Bank 8 6.23% $15,544
    ENVOY MORTGAGE, LTD 8 6.25% $10,325
    C & F Mortgage Corporation 8 6.02% $9,331
    MDE Home Loans, LLC 7 6.04% $8,069
    CAPITAL CENTER, L.L.C. 7 6.11% $7,325
    HOMEBRIDGE FINANCIAL SERVICES, INC. 7 6.21% $5,395
    South State Bank 7 6.43% $6,193
    North American Savings Bank, F.S.B. 6 5.94% $6,948
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 6 6.00% $9,127
    First National Bank of Pennsylvania 6 6.10% $9,841
    NORWICH COMMERCIAL GROUP, INC. 6 6.29% $17,528
    GSF Mortgage Corporation 6 6.29% $9,412
    Cornerstone First Mortgage, Inc 6 6.56% $10,271
    American Security Mortgage Corp. 6 6.04% $15,819
    TJC Mortgage, Inc. 6 5.33% $9,543
    Fulton Bank 6 6.35% $12,094
    PREMIA MORTGAGE, LLC 5 5.63% $8,721
    MILLENNIUM FINANCIAL GROUP, INC. 5 6.15% $11,540
    GENEVA FINANCIAL, LLC 5 6.48% $17,951
    Keystone Funding, Inc. 5 6.35% $13,928
    LENOX FINANCIAL MORTGAGE CORPORATION 5 5.78% $10,227
    First Western Trust Bank 4 6.19% $13,937
    Blue Ridge Bank 4 6.44% $4,279
    SUCCESS MORTGAGE PARTNERS, INC. 4 6.28% $18,476
    UNIVERSAL MORTGAGE & FINANCE, INC. 4 6.88% $13,727
    Nations Lending Corporation 4 5.94% $6,052
    AMERICAN FINANCIAL RESOURCES, INC. 4 6.19% $14,330
    OCMBC, INC. 4 6.34% $5,930
    Texana Bank 4 6.13% $24,569
    NORTHPOINT MORTGAGE, INC. 4 6.50% $15,087
    EMM LOANS LLC 4 6.41% $14,863
    D. L. Evans Bank 4 5.66% $14,427
    Old National Bank 3 5.87% $4,589
    ROSS MORTGAGE CORPORATION 3 6.58% $21,181
    The Central Trust Bank 3 5.88% $16,961
    CityWorth Mortgage LLC 3 6.58% $15,622
    Sierra Pacific Mortgage Company, Inc. 3 6.08% $8,255
    Evolve Bank & Trust 3 6.75% $11,961
    MLD MORTGAGE INC. 3 5.88% $5,594
    MORTGAGEONE, INC. 3 6.08% $5,803
    LEADERONE FINANCIAL CORPORATION 3 6.17% $14,405
    EVERETT FINANCIAL, INC. 3 6.88% $18,457
    MILEND, INC. 3 5.92% $18,503
    ROYAL UNITED MORTGAGE LLC 2 6.75% $31,367
    Encompass Lending Group, LP 2 6.06% $14,602
    SeaTrust Mortgage Company 2 6.38% $10,229
    SECURITYNATIONAL MORTGAGE COMPANY 2 5.88% $25,511
    HARTFORD FUNDING, LTD. 2 7.00% $9,936
    LEGEND LENDING CORPORATION 2 6.63% $15,329
    Stride Bank 2 5.94% $16,155
    GVC MORTGAGE, INC. 2 5.94% $27,332
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 5.94% $20,542
    OCEANSIDE MORTGAGE COMPANY 2 6.31% $10,938
    Paramount Bank 2 5.13% $11,490
    City Lending Inc. 2 6.25% $16,420
    TIDEWATER MORTGAGE SERVICES, INC. 2 6.50% $12,779
    LADERA LENDING, INC. 2 6.13% $16,560
    First Option Mortgage, LLC 2 6.94% $2,576
    PNC Bank 2 6.50% $14,723
    JMAC LENDING, INC. 2 5.56% $10,983
    First Horizon Bank 2 6.38% $13,615
    ALLIED MORTGAGE GROUP, INC. 2 6.25% $9,834
    V.I.P. MORTGAGE, INC. 2 6.38% $11,398
    Virginia Credit Union, Inc. 2 5.94% $12,026
    MORTGAGE EQUITY PARTNERS LLC 2 6.75% $7,111
    AFFORDABLE MORTGAGE ADVISORS, LLC. 2 6.00% $7,434
    MID-ISLAND MORTGAGE CORP. 2 5.94% $8,231
    RADIUS FINANCIAL GROUP INC. 2 5.94% $14,221
    1ST FINANCIAL, INC. 2 6.13% $13,072
    EQUITY RESOURCES, INC. 2 6.38% $4,315
    LIBERTY HOME MORTGAGE CORPORATION 2 6.06% $19,500
    MID AMERICA MORTGAGE, INC. 1 6.13% $67,218
    MICHIGAN MUTUAL, INC. 1 7.75% $27,156
    Merchants Bank of Indiana 1 5.99% $16,642
    MORTGAGE INVESTORS GROUP, INC. 1 6.00% $600
    LOANLEADERS OF AMERICA, INC. 1 6.13% $12,209
    NASA Federal Credit Union 1 5.75% $4,475
    INTERCAP LENDING INC. 1 5.75% $28,504
    NBH Bank 1 6.63% $5,660
    INTELLILOAN, INC. 1 5.75% $2,841
    HomePromise Corporation 1 7.38% $7,452
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.25% $7,067
    Home Mortgage Alliance Corp 1 5.75% $13,840
    NEXERA HOLDING LLC 1 6.75% $3,118
    NJ LENDERS CORP. 1 6.13% $13,171
    Northpointe Bank 1 5.75% $2,747
    Franklin Loan Corporation 1 6.75% $5,982
    PIKE CREEK MORTGAGE SERVICES, INC. 1 7.25% $5,286
    F & M BANK CORP. 1 5.75% $12,746
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.75% $14,233
    First National Bank 1 6.25% $5,910
    Princeton Mortgage Corporation 1 5.88% $19,087
    FIRST COLONY MORTGAGE CORPORATION 1 5.63% $49,940
    FBC MORTGAGE, LLC 1 4.99% $15,217
    RANLIFE, INC. 1 6.50% $22,485
    Renasant Bank 1 6.50% $3,321
    S1L, Inc. 1 5.63% $3,111
    Service Federal Credit Union 1 6.38% $5,477
    Shea Mortgage Inc. 1 6.75% $7,850
    East Coast Capital Corp. 1 7.25% $6,121
    ABSOLUTE HOME MORTGAGE CORPORATION 1 7.25% $28,201
    SOVEREIGN LENDING GROUP INCORPORATED 1 5.25% $11,837
    STOCKTON MORTGAGE CORPORATION 1 6.00% $7,277
    DELMAR FINANCIAL COMPANY 1 6.50% $1,325
    Sunflower Bank 1 6.13% $21,498
    CrossFirst Bank 1 6.50% $5,166
    CORNERSTONE HOME LENDING, INC. 1 6.25% $625
    TD Bank 1 6.63% $4,966
    The Dart Bank 1 6.13% $22,409
    CONTOUR MORTGAGE CORPORATION 1 6.50% $16,296
    Commerce Home Mortgage, Inc. 1 5.63% $11,296
    The Huntington National Bank 1 6.63% $2,757
    The Union Bank Company 1 6.75% $3,587
    TOTAL MORTGAGE SERVICES, LLC 1 6.25% $11,074
    Capital City Home Loans, LLC 1 6.50% $4,614
    TOWNE MORTGAGE COMPANY 1 6.13% $6,846
    Towne Mortgage, LLC 1 6.25% $20,544
    BETTER MORTGAGE CORPORATION 1 6.25% $12,227
    BAY-VALLEY MORTGAGE GROUP 1 6.75% $9,303
    Bank of England 1 6.50% $29,573
    University Bank 1 5.63% $2,764
    AMERICAN FINANCING CORPORATION 1 6.63% $15,392
    US MORTGAGE CORPORATION 1 6.38% $12,862
    VILLAGE BANK MORTGAGE CORPORATION 1 6.63% $17,419
    Watermark Capital, Inc. 1 6.50% $5,272
    ALAMEDA MORTGAGE CORPORATION 1 6.50% $12,989
    Acre Mortgage and Financial Inc 1 6.63% $14,669
    York Traditions Bank 1 6.75% $8,352

    The top Washington VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 1,138 VA loans originated. Their average total fees are $10,836, which is $741 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Washington VA lenders (with over 10 loans originated) are JPMorgan Chase Bank ($3,587), PULTE MORTGAGE LLC ($6,108), PLANET HOME LENDING, LLC ($7,137), PHH Mortgage Corporation ($7,178) and LAKEVIEW LOAN SERVICING, LLC ($7,238).

    The lowest rate Washington VA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION (5.17%), Credence Funding Corporation (5.37%), DHI MORTGAGE COMPANY, LTD. (5.43%), VILLAGE CAPITAL MORTGAGE (5.51%) and Lakeview Community Capital, LLC (5.52%).

    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.