Washington VA Loan Rates, Closing Costs & Stats

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

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.