Arizona VA Loan Rates, Closing Costs & Stats

Arizona

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.

Arizona VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Arizona averaged 6.39% for the week of 2024-05-10, compared to the national average (all VA variants) of 6.593% for the same period.

Arizona's average VA mortgage closing costs are $6,697.

The average rate for the prior week (2024-05-03) was 6.92% and one month ago for the week of 2024-04-05, the average rate was 6.62%.

The average rate one year ago was 5.89%.

For refis of the same type during the week of 2024-05-10, the average rate was 6.81%.

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

Arizona 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 Arizona level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 1,244 6.16% $10,036
Mortgage Research Center, LLC 992 6.61% $7,736
QUICKEN LOANS, LLC 636 6.03% $13,101
LOANDEPOT.COM, LLC 496 5.77% $15,575
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 461 6.31% $9,681
CROSSCOUNTRY MORTGAGE, LLC 411 6.45% $9,456
NOVA FINANCIAL & INVESTMENT CORPORATION 406 6.29% $7,941
NAVY FEDERAL CREDIT UNION 379 5.72% $7,615
DHI MORTGAGE COMPANY, LTD. 337 5.35% $10,184
EAGLE HOME MORTGAGE, LLC 282 5.10% $6,960
GUILD MORTGAGE COMPANY 235 6.30% $12,656
PENNYMAC LOAN SERVICES, LLC 218 5.54% $11,019
FREEDOM MORTGAGE CORPORATION 214 6.40% $18,696
HOMEAMERICAN MORTGAGE CORPORATION 211 5.32% $6,325
V.I.P. MORTGAGE, INC. 202 6.48% $10,503
AMERICAN PACIFIC MORTGAGE CORPORATION 199 6.50% $13,154
USAA Federal Savings Bank 151 6.26% $11,446
NFM, INC. 146 5.69% $11,993
NEW DAY FINANCIAL, LLC 146 7.41% $14,757
The Federal Savings Bank 145 6.15% $20,469
PULTE MORTGAGE LLC 144 5.38% $6,082
ACADEMY MORTGAGE CORPORATION 129 6.44% $10,341
Prosperity Home Mortgage, LLC 120 6.01% $10,684
KBHS HOME LOANS, LLC 115 5.43% $12,485
South Pacific Financial Corporation 113 5.62% $10,687
ALTITUDE FINANCIAL CORPORATION 100 6.38% $7,847
VELOCIO MORTGAGE L.L.C. 97 5.50% $9,901
INSPIRE HOME LOANS INC. 97 5.61% $8,861
GUARANTEED RATE, INC. 94 6.18% $8,575
Paramount Residential Mortgage Group, Inc. 93 6.37% $12,117
CMG MORTGAGE, INC. 89 6.27% $14,115
Mr. Cooper ( Nationstar Mortgage ) 82 6.00% $15,702
MATTAMY HOME FUNDING, LLC 81 5.47% $12,882
MOVEMENT MORTGAGE, LLC 79 6.37% $12,167
Flagstar Bank, FSB 76 6.40% $9,060
GUARANTEED RATE AFFINITY, LLC 75 6.32% $8,151
Plains Commerce Bank 74 5.96% $12,486
BROKER SOLUTIONS, INC. 73 6.39% $13,550
PRIMELENDING, A PLAINSCAPITAL COMPANY 71 6.44% $8,762
NEWREZ LLC 64 6.33% $12,750
VILLAGE CAPITAL MORTGAGE 61 6.05% $11,148
Nations Lending Corporation 57 6.31% $11,868
GENEVA FINANCIAL, LLC 56 6.70% $11,002
HOMEOWNERS FINANCIAL GROUP USA, LLC 56 6.23% $9,298
CARDINAL FINANCIAL 54 6.32% $14,285
Equity Prime Mortgage LLC 53 6.79% $11,576
AMERISAVE MORTGAGE CORPORATION 52 5.80% $18,285
MORIA DEVELOPMENT, INC. 52 6.50% $12,459
Wells Fargo Bank 49 5.73% $6,460
ON Q FINANCIAL, INC. 44 6.48% $10,196
PENTAGON FEDERAL CREDIT UNION 43 5.34% $10,442
MORTGAGE SOLUTIONS OF COLORADO, LLC 42 7.44% $5,733
Waterstone Mortgage Corporation 41 5.92% $17,343
Barrington Bank & Trust Company, N.A. 39 6.21% $10,943
AMERICAN FINANCIAL NETWORK, INC. 38 6.44% $7,479
SUN WEST MORTGAGE COMPANY, INC. 37 6.68% $11,546
ZILLOW HOME LOANS, LLC 37 6.17% $11,168
ARK-LA-TEX FINANCIAL SERVICES, LLC. 36 6.24% $11,972
Gateway First Bank 35 6.41% $8,777
LOANPAL, LLC 33 5.97% $13,344
Bell Bank 32 6.41% $8,313
Magnolia Bank 32 5.99% $19,326
BAY EQUITY LLC 31 6.45% $9,815
Neighborhood Loans, Inc. 30 6.53% $13,953
BROOKHOLLOW MORTGAGE SERVICES, LTD 27 5.45% $10,909
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 27 6.01% $7,449
First Western Trust Bank 26 6.18% $11,882
JPMorgan Chase Bank 25 5.98% $7,438
MUTUAL OF OMAHA MORTGAGE, INC. 25 6.15% $13,534
PACIFIC RESIDENTIAL MORTGAGE, LLC 24 6.30% $13,002
NBKC BANK 23 5.78% $8,234
SUMMIT FUNDING, INC. 22 6.57% $8,339
Wallick & Volk, Inc. 22 6.57% $9,539
PLANET HOME LENDING, LLC 22 5.78% $10,236
PLAZA HOME MORTGAGE, INC. 21 6.07% $16,483
VERITAS FUNDING, LLC 21 6.27% $22,388
American Mortgage & Equity Consultants, Inc. 20 6.10% $12,231
The Loan Store, Inc. 19 6.34% $9,907
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 19 6.03% $13,681
SUN AMERICAN MORTGAGE COMPANY 19 6.53% $11,912
LAKEVIEW LOAN SERVICING, LLC 19 6.06% $16,031
Sunflower Bank 18 6.07% $14,842
U.S. Bank 18 5.94% $14,226
STARBOARD FINANCIAL MANAGEMENT, LLC 17 6.39% $15,053
Century Mortgage Company DBA Century Lending Company 16 6.35% $8,933
Armed Forces Bank 16 5.83% $10,778
SECURITYNATIONAL MORTGAGE COMPANY 16 6.39% $14,360
Shea Mortgage Inc. 15 5.27% $3,585
LEADERONE FINANCIAL CORPORATION 15 6.66% $12,080
MANN FINANCIAL INC. 14 6.74% $9,614
AMERICAN FINANCIAL RESOURCES, INC. 14 6.76% $5,775
AXIA FINANCIAL, LLC 14 6.18% $8,087
LADERA LENDING, INC. 14 6.27% $16,199
TruHome Solutions, LLC 14 5.90% $7,360
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 13 6.00% $14,065
CITYWIDE HOME LOANS, LLC 13 6.14% $14,347
NATIONS DIRECT MORTGAGE, LLC 13 6.65% $15,249
FBC MORTGAGE, LLC 13 6.06% $9,029
HOMEBRIDGE FINANCIAL SERVICES, INC. 13 6.28% $9,692
Mid-Continent Funding, Inc. 12 5.97% $11,693
TOWNE MORTGAGE COMPANY 12 6.22% $12,756
SOVEREIGN LENDING GROUP INCORPORATED 12 5.60% $16,713
MORTGAGEONE, INC. 12 6.92% $9,205
PRIMARY RESIDENTIAL MORTGAGE, INC. 11 6.35% $10,729
Strong Home Mortgage, LLC 11 5.48% $13,147
Sierra Pacific Mortgage Company, Inc. 11 6.06% $9,022
CASTLE & COOKE MORTGAGE, LLC 11 6.28% $11,954
UNION HOME MORTGAGE CORP. 11 6.56% $9,919
SWBC MORTGAGE CORPORATION 10 6.20% $9,897
NETWORK CAPITAL FUNDING CORPORATION 10 6.15% $9,730
Franklin Loan Corporation 9 6.21% $19,802
MASON MCDUFFIE MORTGAGE CORPORATION 9 6.71% $14,741
TBI MORTGAGE COMPANY 9 6.68% $11,474
ALAMEDA MORTGAGE CORPORATION 9 6.46% $10,022
NexBank 9 5.92% $10,777
INTERLINC MORTGAGE SERVICES, LLC 9 6.60% $19,869
NEW WEST LENDING, INC. 9 6.57% $9,717
RESIDENTIAL BANCORP 8 6.00% $17,242
AMCAP MORTGAGE, LTD. 8 6.36% $14,905
THE MORTGAGE LINK, INC. 8 6.98% $20,297
First National Bank Texas 7 6.36% $10,008
CALCON MUTUAL MORTGAGE LLC 7 6.48% $17,727
BNC National Bank 7 5.46% $12,871
CALIBER HOME LOANS, INC. 7 5.57% $18,354
First Savings Bank 7 6.14% $18,380
OCMBC, INC. 7 6.21% $4,586
ENVOY MORTGAGE, LTD 7 6.32% $14,258
S1L, Inc. 7 6.70% $16,093
INTERCAP LENDING INC. 7 6.36% $14,539
PREMIER LENDING, INC. 6 6.17% $15,432
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 6.06% $20,986
SFMC, LP 6 6.58% $13,325
First Federal Bank 6 6.35% $5,686
MOUNTAIN WEST FINANCIAL, INC. 6 6.46% $13,407
CHURCHILL MORTGAGE CORPORATION 5 7.03% $11,006
ARIZONA 5 6.13% $12,669
CANOPY MORTGAGE, LLC 5 6.25% $11,565
The Central Trust Bank 5 6.40% $4,448
GARDNER FINANCIAL SERVICES, LTD. 5 6.80% $13,576
HOMESIDE FINANCIAL, LLC 5 6.82% $9,944
PREMIA MORTGAGE, LLC 5 5.98% $16,872
MICHIGAN MUTUAL, INC. 5 6.48% $10,284
MID AMERICA MORTGAGE, INC. 4 6.44% $14,051
DIRECTORS MORTGAGE, INC. 4 6.00% $14,657
NEST HOME LENDING, LLC 4 5.96% $1,179
DIRECT MORTGAGE, CORP. 4 6.47% $13,809
DAS Acquisition Company, LLC 4 7.19% $12,617
CORNERSTONE HOME LENDING, INC. 4 6.72% $7,092
North American Savings Bank, F.S.B. 4 6.31% $10,532
Northpointe Bank 4 6.50% $8,409
CHERRY CREEK MORTGAGE, LLC 4 6.44% $6,459
Alaska USA Federal Credit Union 4 6.56% $5,423
CITY FIRST MORTGAGE SERVICES, L.L.C. 4 6.59% $9,399
PNC Bank 4 6.34% $8,950
Performance Financial, Inc. 4 6.41% $4,080
Lakeview Community Capital, LLC 4 5.88% $10,318
AHL FUNDING 4 6.84% $9,957
First State Bank of St. Charles, Missouri 4 6.63% $9,615
RESIDENTIAL WHOLESALE MORTGAGE, INC. 4 6.22% $11,246
SOUTHWEST STAGE FUNDING, LLC 3 6.75% $310
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 6.12% $19,418
Zions Bank 3 6.25% $12,772
PHH Mortgage Corporation 3 6.67% $8,631
CONTOUR MORTGAGE CORPORATION 3 5.96% $20,966
EVERETT FINANCIAL, INC. 3 6.46% $19,977
AMERICAN FINANCING CORPORATION 3 6.46% $14,596
HUNT MORTGAGE CORPORATION 3 6.58% $10,969
Carrington Mortgage Services, LLC 3 5.13% $4,815
Cornerstone First Mortgage, Inc 3 6.41% $17,139
LEGEND LENDING CORPORATION 2 6.19% $23,832
Ameris Bank 2 6.13% $13,172
Bank of England 2 5.75% $11,006
BELEM SERVICING LLC 2 5.06% $10,149
Citizens Bank 2 6.44% $13,858
CLIFFCO, INC. 2 7.06% $16,781
EMBRACE HOME LOANS, INC. 2 6.00% $12,930
First International Bank & Trust 2 6.13% $4,818
Glacier Bank 2 6.63% $5,834
Golden Empire Mortgage, Inc. 2 6.50% $9,674
GSF Mortgage Corporation 2 6.75% $4,895
INFINITY EQUITY GROUP, INC. 2 5.75% $7,251
INTELLILOAN, INC. 2 6.81% $2,816
INTERNATIONAL CITY MORTGAGE, INC. 2 5.13% $7,452
ISERVE RESIDENTIAL LENDING, LLC 2 5.75% $17,485
JMJ FINANCIAL GROUP 2 6.69% $17,846
LHM FINANCIAL CORPORATION 2 5.50% $15,425
Loan Simple, Inc. 2 6.50% $12,159
Old National Bank 2 5.44% $6,166
ONY GLO, INC. 2 6.00% $12,129
PANORAMA MORTGAGE GROUP, LLC 2 5.75% $30,601
POINT Mortgage 2 6.75% $6,596
PREMIER MORTGAGE RESOURCES, L.L.C. 2 7.00% $24,323
RESIDENTIAL MORTGAGE, LLC 2 6.69% $18,147
SUCCESS MORTGAGE PARTNERS, INC. 2 6.31% $14,477
THRIVE MORTGAGE, LLC 2 6.63% $8,611
TOP FLITE FINANCIAL, INC. 2 6.50% $17,155
VAN DYK MORTGAGE CORPORATION 2 7.38% $5,363
NBH Bank 1 6.75% $4,730
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.75% $21,507
SeaTrust Mortgage Company 1 6.49% $7,282
NATIONS RELIABLE LENDING, LLC 1 7.13% $24,853
MOUNTAIN AMERICA 1 5.50% $4,779
MORTGAGE EXPRESS, LLC 1 5.25% $7,679
ML Mortgage Corp. 1 7.75% $15,459
SIRVA MORTGAGE, INC. 1 7.13% $8,910
MidFirst Bank 1 6.25% $10,535
Merchants Bank 1 6.00% $5,686
1st Security Bank of Washington 1 6.13% $4,524
Keystone Funding, Inc. 1 6.13% $7,196
Independent Bank 1 6.50% $1,137
Willamette Valley Bank 1 6.25% $28,937
iCore Lending, Inc. 1 5.88% $8,455
Summit Mortgage Corporation 1 6.13% $9,752
HOMEXPRESS MORTGAGE CORP. 1 7.00% $5,976
HOMESTEAD FUNDING CORP. 1 6.00% $8,545
GoPrime Mortgage, Inc. 1 7.38% $16,238
FLAT BRANCH MORTGAGE, INC. 1 7.63% $14,752
T2 FINANCIAL LLC 1 6.38% $7,869
FISHER FINANCIAL GROUP, INCORPORATED 1 5.50% $12,747
First Option Mortgage, LLC 1 6.75% $35,421
First Credit Union 1 6.75% $8,327
The Huntington National Bank 1 6.00% $25,959
FIRST CENTENNIAL MORTGAGE CORPORATION 1 6.00% $2,106
FINANCE OF AMERICA MORTGAGE LLC 1 5.25% $12,134
Wyndham Capital Mortgage, Inc. 1 5.63% $18,739
TJC Mortgage, Inc. 1 7.63% $11,191
Allied First Bank,sb 1 5.50% $10,603
Fifth Third Bank 1 5.88% $8,031
Tradition Mortgage, LLC 1 6.75% $14,599
Enterprise Bank & Trust 1 6.25% $10,080
EMM LOANS LLC 1 6.50% $19,149
EagleBank 1 5.50% $16,537
DRAPER AND KRAMER MORTGAGE CORP. 1 6.63% $4,552
CUSTOMER SERVICE MORTGAGE CORPORATION 1 6.13% $8,041
VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.50% $0
Academy Bank 1 6.50% $4,870
CREDIT UNION WEST 1 7.13% $5,128
Colonial Savings, F.A. 1 6.00% $4,911
Citibank 1 5.75% $12,561
BOKF 1 6.13% $5,955
BAY-VALLEY MORTGAGE GROUP 1 6.13% $9,194
Watermark Capital, Inc. 1 5.38% $15,526
Bank of America 1 6.50% $18,381
PINNACLE LENDING GROUP, INC. 1 5.75% $19,372
Pacific Lending LLC 1 6.63% $12,947
RELIANCE FIRST CAPITAL, LLC 1 5.50% $12,102
OAKTREE FUNDING CORP. 1 5.13% $16,140
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.25% $4,401

The top Arizona VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 1,244 VA loans originated. Their average total fees are $10,036, which is $2,300 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Arizona VA lenders (with over 10 loans originated) are Shea Mortgage Inc. ($3,585), MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,733), AMERICAN FINANCIAL RESOURCES, INC. ($5,775), PULTE MORTGAGE LLC ($6,082) and HOMEAMERICAN MORTGAGE CORPORATION ($6,325).

The lowest rate Arizona VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.10%), Shea Mortgage Inc. (5.27%), HOMEAMERICAN MORTGAGE CORPORATION (5.32%), PENTAGON FEDERAL CREDIT UNION (5.34%) and DHI MORTGAGE COMPANY, LTD. (5.35%).

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.