Arkansas VA Loan Rates, Closing Costs & Stats

Arkansas

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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.

    Arkansas VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Arkansas averaged 6.53% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Arkansas's average VA mortgage closing costs are $5,173.

    The average rate for the prior week (2025-03-28) was 6.65% and one month ago for the week of 2025-02-28, the average rate was 6.42%.

    The average rate one year ago was 6.83%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.02%.

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

    Arkansas 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 Arkansas level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 1,034 6.43% $4,456
    QUICKEN LOANS, LLC 349 6.12% $9,600
    UNITED WHOLESALE MORTGAGE, LLC 326 5.85% $7,480
    FREEDOM MORTGAGE CORPORATION 237 6.19% $6,794
    PENNYMAC LOAN SERVICES, LLC 171 5.69% $6,795
    NEW DAY FINANCIAL, LLC 163 7.44% $8,954
    NAVY FEDERAL CREDIT UNION 161 5.92% $4,389
    Arvest Bank 151 6.32% $4,763
    USAA Federal Savings Bank 149 6.31% $6,257
    FLAT BRANCH MORTGAGE, INC. 131 6.48% $7,853
    VILLAGE CAPITAL MORTGAGE 99 5.80% $5,363
    Eagle Bank and Trust Company 83 6.14% $6,421
    MORTGAGE SOLUTIONS OF COLORADO, LLC 70 7.25% $3,374
    NEWREZ LLC 68 5.99% $6,139
    EUSTIS AND AMERICAN MORTGAGE COMPANY 64 6.53% $8,193
    Centennial Bank 62 6.25% $9,215
    SENTE MORTGAGE, INC. 59 6.69% $8,733
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 56 6.74% $4,500
    LOANDEPOT.COM, LLC 51 6.13% $8,990
    The Federal Savings Bank 51 6.41% $13,810
    First Community Bank 49 6.12% $7,791
    GUARANTEED RATE, INC. 47 6.33% $4,941
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 46 6.58% $4,155
    Chambers Bank 46 6.11% $7,755
    SWBC MORTGAGE CORPORATION 46 6.36% $6,085
    COMMUNITY MORTGAGE CORPORATION 43 6.20% $8,048
    Firstar Bank 41 6.15% $7,410
    First Horizon Bank 40 6.17% $6,015
    Bank of England 39 6.37% $5,620
    PLANET HOME LENDING, LLC 37 5.94% $3,990
    CROSSCOUNTRY MORTGAGE, LLC 34 6.49% $6,301
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 34 6.34% $3,875
    MORTGAGE FINANCIAL SERVICES, LLC 33 6.73% $8,586
    DHI MORTGAGE COMPANY, LTD. 32 5.51% $6,963
    CLEARPATH LENDING 31 5.67% $5,207
    BROKER SOLUTIONS, INC. 30 6.71% $9,157
    Barrington Bank & Trust Company, N.A. 30 6.30% $6,243
    ARKANSAS Federal Credit Union 29 6.45% $4,764
    Regions Bank 28 6.13% $7,193
    NBKC BANK 28 6.07% $5,496
    GUILD MORTGAGE COMPANY 27 6.45% $8,638
    Mr. Cooper ( Nationstar Mortgage ) 27 6.35% $7,600
    Carrington Mortgage Services, LLC 26 6.02% $8,617
    GERSHMAN INVESTMENT CORP. 25 6.20% $5,905
    ENCORE BANK 25 6.19% $5,135
    T2 FINANCIAL LLC 24 6.31% $9,615
    LAKEVIEW LOAN SERVICING, LLC 23 5.64% $6,136
    DAS Acquisition Company, LLC 21 6.68% $3,739
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 21 6.63% $6,887
    First Financial Bank 21 6.08% $7,067
    American Mortgage & Equity Consultants, Inc. 21 6.60% $12,955
    HOMESIDE FINANCIAL, LLC 20 6.52% $10,301
    Equity Prime Mortgage LLC 19 7.10% $8,805
    U.S. Bank 19 6.30% $7,827
    First Security Bank 19 5.93% $6,049
    ASSOCIATED MORTGAGE CORPORATION 18 6.22% $6,927
    Simmons Bank 17 6.53% $5,344
    LOANPAL, LLC 16 5.73% $11,744
    FIRST COMMUNITY MORTGAGE, INC. 16 6.22% $5,756
    First Federal Bank 15 5.65% $6,167
    PENTAGON FEDERAL CREDIT UNION 15 6.12% $4,400
    Paramount Residential Mortgage Group, Inc. 15 6.29% $6,678
    Priority Bank 14 5.85% $6,641
    AMERISAVE MORTGAGE CORPORATION 13 5.93% $14,716
    Sierra Pacific Mortgage Company, Inc. 13 6.48% $7,604
    Magnolia Bank 13 6.03% $14,751
    Gateway First Bank 13 6.27% $4,775
    MUTUAL OF OMAHA MORTGAGE, INC. 11 6.32% $15,105
    MY MOVE MORTGAGE, LLC 11 6.15% $11,811
    PRIMARY RESIDENTIAL MORTGAGE, INC. 11 6.97% $5,577
    Armed Forces Bank 11 6.03% $8,595
    HOMEBRIDGE FINANCIAL SERVICES, INC. 11 6.31% $3,041
    Flagstar Bank, FSB 11 6.16% $3,514
    PRIMELENDING, A PLAINSCAPITAL COMPANY 11 6.54% $3,865
    VERITAS FUNDING, LLC 10 6.28% $16,949
    Nations Lending Corporation 9 6.96% $4,577
    MOVEMENT MORTGAGE, LLC 9 6.64% $4,311
    RELIANCE FIRST CAPITAL, LLC 8 6.61% $9,897
    SUN WEST MORTGAGE COMPANY, INC. 8 5.92% $5,174
    GMFS LLC 8 6.36% $3,406
    PILGRIM MORTGAGE LLC 8 6.72% $5,790
    CMG MORTGAGE, INC. 8 6.73% $5,245
    MORTGAGEONE, INC. 8 6.48% $6,069
    MORTGAGE INVESTORS GROUP, INC. 8 6.19% $3,420
    AMERICAN FINANCIAL RESOURCES, INC. 7 6.68% $10,167
    BancorpSouth 7 6.38% $6,316
    Plains Commerce Bank 7 6.21% $9,859
    FIRST WESTERN MORTGAGE, INC. 7 6.04% $5,146
    Century Mortgage Company DBA Century Lending Company 7 6.02% $3,763
    Texana Bank 6 6.56% $9,338
    STOCKTON MORTGAGE CORPORATION 6 6.56% $7,172
    The Central Trust Bank 6 5.98% $5,776
    AMERICAN FINANCIAL NETWORK, INC. 6 6.73% $2,832
    CORNERSTONE HOME LENDING, INC. 6 7.29% $5,015
    JPMorgan Chase Bank 6 6.27% $2,472
    Cornerstone First Mortgage, Inc 5 7.18% $9,203
    AmeriHome Mortgage Company, LLC 5 5.95% $6,862
    Lakeview Community Capital, LLC 5 6.15% $3,710
    ZILLOW HOME LOANS, LLC 4 5.81% $6,344
    AMERICAN FINANCING CORPORATION 4 6.66% $13,101
    American Mortgage Bank, LLC 4 6.47% $6,027
    AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.56% $6,362
    Bank of America 4 5.34% $4,699
    Bank OZK 4 6.22% $5,473
    EVERETT FINANCIAL, INC. 4 6.53% $1,516
    LEADERONE FINANCIAL CORPORATION 4 6.25% $9,595
    MID AMERICA MORTGAGE, INC. 4 6.31% $3,293
    Mid-Continent Funding, Inc. 4 5.87% $4,895
    PREMIA MORTGAGE, LLC 4 6.28% $6,272
    Prosperity Home Mortgage, LLC 4 6.15% $12,967
    Renasant Bank 4 5.84% $5,595
    Wells Fargo Bank 4 6.16% $11,536
    PINE BLUFF COTTON BELT Federal Credit Union 3 6.46% $2,576
    Mortgage Assurance Inc. 3 6.46% $7,632
    PHH Mortgage Corporation 3 5.75% $4,699
    TOWNE MORTGAGE COMPANY 3 6.00% $10,417
    The Loan Store, Inc. 3 6.13% $6,717
    NFM, INC. 3 5.96% $13,953
    Midwest Mortgage Associates Corporation 3 6.71% $3,163
    ENDEAVOR CAPITAL, LLC. 3 6.46% $8,157
    Service Federal Credit Union 3 5.92% $2,278
    Evolve Bank & Trust 3 6.54% $5,469
    PLAZA HOME MORTGAGE, INC. 3 6.92% $7,500
    MICHIGAN MUTUAL, INC. 2 5.88% $1,268
    North American Savings Bank, F.S.B. 2 6.19% $4,481
    GUARANTEED RATE AFFINITY, LLC 2 6.28% $2,775
    Goldwater Bank, N.A. 2 7.19% $23,057
    FirstTrust Home Loans, Inc. 2 6.44% $12,744
    Fifth Third Bank 2 6.19% $5,915
    SIRVA MORTGAGE, INC. 2 6.50% $2,485
    SOUTHWEST STAGE FUNDING, LLC 2 6.13% $9
    Stride Bank 2 6.50% $6,278
    SUCCESS MORTGAGE PARTNERS, INC. 2 5.75% $14,289
    Sunflower Bank 2 6.31% $9,590
    CITY FIRST MORTGAGE SERVICES, L.L.C. 2 7.06% $5,677
    CARDINAL FINANCIAL 2 5.94% $6,271
    TJC Mortgage, Inc. 2 5.31% $7,129
    TOP FLITE FINANCIAL, INC. 2 6.81% $9,192
    UNION HOME MORTGAGE CORP. 2 5.87% $4,073
    CALCON MUTUAL MORTGAGE LLC 2 7.38% $4,093
    Bell Bank 2 6.38% $7,457
    Farmers Bank & Trust 1 6.25% $7,268
    Old National Bank 1 5.75% $6,064
    Wolfe Financial, Inc 1 5.75% $7,106
    ROSS MORTGAGE CORPORATION 1 6.75% $13,562
    ROYAL UNITED MORTGAGE LLC 1 6.00% $15,759
    RUOFF MORTGAGE COMPANY, INC. 1 6.75% $9,173
    SeaTrust Mortgage Company 1 6.50% $4,682
    ENVOY MORTGAGE, LTD 1 6.63% $4,019
    NP, Inc. 1 5.25% $1,273
    Servion, Inc. 1 5.75% $6,052
    NORWICH COMMERCIAL GROUP, INC. 1 5.25% $7,930
    EMBRACE HOME LOANS, INC. 1 6.13% $4,345
    Ixonia Bank 1 6.25% $15,791
    SOUTHWEST FUNDING, LP 1 7.75% $8,414
    MYCUMORTGAGE, LLC 1 6.75% $3,421
    Springfield First Community Bank 1 6.75% $3,690
    DELMAR FINANCIAL COMPANY 1 6.75% $2,773
    MASON MCDUFFIE MORTGAGE CORPORATION 1 5.75% $8,474
    Meridian Bank Corporation 1 5.75% $16,041
    BAY EQUITY LLC 1 5.75% $11,287
    COMMUNITYAMERICA 1 6.13% $18,479
    Ameris Bank 1 6.25% $2,935
    CHURCHILL MORTGAGE CORPORATION 1 5.63% $18,223
    Century Next Bank 1 6.13% $2,793
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 5.63% $17,531
    Capital Bank 1 5.75% $5,309
    NEXERA HOLDING LLC 1 6.75% $3,241
    Great Southern Bank 1 5.25% $6,690
    THE MORTGAGE LINK, INC. 1 5.75% $32,000
    INTERLINC MORTGAGE SERVICES, LLC 1 6.25% $4,183
    Pinnacle Bank 1 6.25% $3,071
    GENEVA FINANCIAL, LLC 1 6.63% $10,062
    Flanagan State Bank 1 6.13% $0
    Paramount Bank 1 6.13% $2,204
    POLARIS HOME FUNDING CORP. 1 6.75% $12,668
    Waterstone Mortgage Corporation 1 5.75% $19,589
    Presidential Bank, FSB 1 6.63% $10,150
    V.I.P. MORTGAGE, INC. 1 6.25% $749
    First Merchants Bank 1 6.63% $2,076
    Mortgage Investment Services Corporation 1 5.75% $4,909
    Access Bank 1 6.13% $4,704
    Farmers Bank & Trust Company 1 7.13% $1,343

    The top Arkansas VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,034 VA loans originated. Their average total fees are $4,456, which is $5,143 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Arkansas VA lenders (with over 10 loans originated) are HOMEBRIDGE FINANCIAL SERVICES, INC. ($3,041), MORTGAGE SOLUTIONS OF COLORADO, LLC ($3,374), Flagstar Bank, FSB ($3,514), DAS Acquisition Company, LLC ($3,739) and PRIMELENDING, A PLAINSCAPITAL COMPANY ($3,865).

    The lowest rate Arkansas VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.51%), LAKEVIEW LOAN SERVICING, LLC (5.64%), First Federal Bank (5.65%), CLEARPATH LENDING (5.67%) and PENNYMAC LOAN SERVICES, LLC (5.69%).

    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.