Arizona VA Loan Rates, Closing Costs & Stats

Arizona

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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.

    Arizona VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Arizona averaged 6.16% for the week of 2023-01-27, compared to the national average (all VA variants) of 5.952% for the same period.

    Arizona's average VA mortgage closing costs are $5,835.

    The average rate for the prior week (2023-01-20) was 6.39% and one month ago for the week of 2022-12-23, the average rate was 6.66%.

    The average rate one year ago was 3.86%.

    For refis of the same type during the week of 2023-01-27, the average rate was 5.86%.

    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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    FREEDOM MORTGAGE CORPORATION 3,871 2.41% $3,525
    QUICKEN LOANS, LLC 3,597 2.42% $5,843
    UNITED WHOLESALE MORTGAGE, LLC 2,562 2.48% $6,473
    Mortgage Research Center, LLC 2,267 2.82% $7,382
    PENNYMAC LOAN SERVICES, LLC 1,985 2.42% $6,232
    LOANDEPOT.COM, LLC 1,909 2.61% $7,122
    NOVA FINANCIAL & INVESTMENT CORPORATION 1,629 2.78% $5,973
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1,314 2.92% $8,444
    GUILD MORTGAGE COMPANY 1,083 2.73% $6,778
    NEW DAY FINANCIAL, LLC 1,064 2.78% $8,800
    LAKEVIEW LOAN SERVICING, LLC 987 2.47% $2,714
    NAVY FEDERAL CREDIT UNION 951 2.48% $5,981
    CLEARPATH LENDING 852 2.31% $4,560
    HOME POINT FINANCIAL CORPORATION 816 2.45% $6,283
    CALIBER HOME LOANS, INC. 783 2.53% $5,568
    VILLAGE CAPITAL MORTGAGE 740 2.33% $3,687
    USAA Federal Savings Bank 736 2.84% $4,848
    V.I.P. MORTGAGE, INC. 602 2.76% $6,746
    The Federal Savings Bank 524 2.53% $9,439
    Mr. Cooper ( Nationstar Mortgage ) 461 2.71% $4,273
    Wells Fargo Bank 457 2.52% $4,037
    Amerifirst Financial, Inc. 442 2.76% $7,537
    ACADEMY MORTGAGE CORPORATION 414 2.92% $9,105
    BROKER SOLUTIONS, INC. 363 2.67% $6,694
    DHI MORTGAGE COMPANY, LTD. 337 2.75% $7,876
    CROSSCOUNTRY MORTGAGE, LLC 332 2.89% $9,692
    GUARANTEED RATE, INC. 321 2.64% $6,467
    NEWREZ LLC 302 2.69% $4,984
    SUNSTREET MORTGAGE, LLC 296 2.84% $7,036
    SUN WEST MORTGAGE COMPANY, INC. 262 2.45% $5,336
    ALTITUDE FINANCIAL CORPORATION 258 2.65% $6,019
    AMERICAN FINANCIAL NETWORK, INC. 258 2.60% $9,455
    HOMEOWNERS FINANCIAL GROUP USA, LLC 252 2.89% $8,045
    AMERISAVE MORTGAGE CORPORATION 250 2.56% $7,391
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 246 2.79% $8,447
    FINANCE OF AMERICA MORTGAGE LLC 235 2.79% $7,931
    MORIA DEVELOPMENT, INC. 234 2.86% $9,354
    Lakeview Community Capital, LLC 231 2.48% $2,536
    PRIMELENDING, A PLAINSCAPITAL COMPANY 224 3.01% $8,014
    LOANPAL, LLC 217 2.49% $7,596
    Barrington Bank & Trust Company, N.A. 217 2.74% $6,144
    Low VA Rates, LLC 206 2.41% $4,713
    InterContinental Capital Group, Inc 204 2.38% $3,981
    Carrington Mortgage Services, LLC 202 3.06% $5,667
    HOMEAMERICAN MORTGAGE CORPORATION 192 2.71% $5,881
    HOMEBRIDGE FINANCIAL SERVICES, INC. 187 2.56% $6,408
    Paramount Residential Mortgage Group, Inc. 186 2.69% $7,299
    Prosperity Home Mortgage, LLC 185 2.70% $7,717
    PLANET HOME LENDING, LLC 181 2.47% $4,190
    EAGLE HOME MORTGAGE, LLC 178 3.00% $7,142
    NFM, INC. 176 3.06% $9,707
    PENTAGON FEDERAL CREDIT UNION 171 2.35% $3,613
    PULTE MORTGAGE LLC 166 2.76% $5,347
    MOVEMENT MORTGAGE, LLC 161 2.78% $6,166
    LHM FINANCIAL CORPORATION 160 2.72% $7,673
    Flagstar Bank, FSB 159 2.72% $7,819
    AMERICAN PACIFIC MORTGAGE CORPORATION 157 2.90% $8,292
    South Pacific Financial Corporation 153 2.64% $11,574
    SOVEREIGN LENDING GROUP INCORPORATED 137 2.58% $7,971
    First Guaranty Mortgage Corporation 135 2.45% $4,396
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 134 2.75% $7,212
    CMG MORTGAGE, INC. 132 2.63% $8,251
    ON Q FINANCIAL, INC. 131 2.90% $9,230
    GUARANTEED RATE AFFINITY, LLC 130 2.56% $5,920
    BAY EQUITY LLC 123 2.88% $8,751
    UNION HOME MORTGAGE CORP. 121 2.45% $5,481
    SUMMIT FUNDING, INC. 117 2.86% $9,356
    North American Savings Bank, F.S.B. 115 2.38% $5,547
    GENEVA FINANCIAL, LLC 112 2.92% $9,045
    Neighborhood Loans, Inc. 106 3.06% $7,841
    NBKC BANK 103 2.48% $5,104
    NP, Inc. 102 2.29% $4,631
    Commerce Home Mortgage, Inc. 102 2.60% $5,459
    Magnolia Bank 100 2.55% $9,684
    STEARNS LENDING, LLC 97 2.54% $5,624
    PRIMARY RESIDENTIAL MORTGAGE, INC. 96 2.96% $7,418
    PLAZA HOME MORTGAGE, INC. 89 2.58% $7,195
    Bell Bank 88 2.82% $7,928
    MATTAMY HOME FUNDING, LLC 84 2.59% $12,639
    Goldwater Bank, N.A. 84 2.94% $9,624
    Wallick & Volk, Inc. 83 3.02% $9,030
    MUTUAL OF OMAHA MORTGAGE, INC. 82 2.57% $6,182
    KBHS HOME LOANS, LLC 81 2.91% $9,934
    SUBURBAN MORTGAGE, INC. 79 2.73% $6,074
    ACCELERATE MORTGAGE, LLC 77 2.21% $6,001
    Hometown Lenders, Inc. 74 3.11% $8,261
    NETWORK CAPITAL FUNDING CORPORATION 72 2.49% $5,722
    LEADERONE FINANCIAL CORPORATION 69 2.74% $10,021
    SUN AMERICAN MORTGAGE COMPANY 67 2.97% $7,431
    Waterstone Mortgage Corporation 66 2.60% $10,957
    AMERICAN FINANCING CORPORATION 64 2.56% $6,121
    Strong Home Mortgage, LLC 62 2.38% $5,044
    Gateway First Bank 62 2.98% $6,163
    First Federal Bank 60 3.00% $10,493
    SECURITYNATIONAL MORTGAGE COMPANY 56 3.12% $11,369
    Mid-Continent Funding, Inc. 56 2.72% $8,797
    KS StateBank 54 2.38% $6,687
    FBC MORTGAGE, LLC 50 2.76% $6,519
    Watermark Capital, Inc. 50 2.49% $5,873
    Nations Lending Corporation 50 2.90% $11,945
    Prime Choice Funding Inc. 49 2.33% $6,114
    CHURCHILL MORTGAGE CORPORATION 44 2.55% $8,620
    CITYWIDE HOME LOANS, LLC 44 2.88% $12,371
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 43 2.40% $11,491
    CELEBRITY HOME LOANS, LLC 42 2.99% $11,108
    AXIA FINANCIAL, LLC 42 2.83% $7,553
    TJC Mortgage, Inc. 42 2.36% $7,174
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 39 2.84% $4,652
    Lend Smart Mortgage, LLC 38 2.78% $8,120
    BNC National Bank 38 2.40% $5,808
    Sunflower Bank 37 2.91% $8,472
    STARBOARD FINANCIAL MANAGEMENT, LLC 37 2.81% $5,728
    Equity Prime Mortgage LLC 37 3.29% $7,691
    Wyndham Capital Mortgage, Inc. 37 2.45% $4,901
    MORTGAGEONE, INC. 36 2.41% $8,125
    CORNERSTONE HOME LENDING, INC. 36 2.86% $9,750
    VELOCIO MORTGAGE L.L.C. 36 2.92% $9,470
    INSPIRE HOME LOANS INC. 36 3.06% $8,911
    CANOPY MORTGAGE, LLC 36 2.45% $4,982
    MID AMERICA MORTGAGE, INC. 35 2.56% $1,663
    ENVOY MORTGAGE, LTD 34 2.79% $8,426
    HOMESIDE FINANCIAL, LLC 34 2.62% $7,627
    NEW WEST LENDING, INC. 32 2.46% $5,841
    ARIZONA 32 2.55% $6,006
    Shea Mortgage Inc. 31 2.75% $5,851
    U.S. Bank 31 2.79% $6,153
    CHERRY CREEK MORTGAGE, LLC 29 2.87% $4,365
    NATIONS DIRECT MORTGAGE, LLC 29 3.17% $9,133
    INTERCAP LENDING INC. 28 2.93% $6,118
    AMERICAN FINANCIAL RESOURCES, INC. 28 3.07% $7,479
    AMCAP MORTGAGE, LTD. 28 3.06% $7,757
    ZILLOW HOME LOANS, LLC 27 2.62% $5,321
    BROOKHOLLOW MORTGAGE SERVICES, LTD 27 2.97% $8,371
    MORTGAGE SOLUTIONS OF COLORADO, LLC 26 3.12% $7,867
    LADERA LENDING, INC. 26 2.61% $6,039
    ALL WESTERN MORTGAGE, INC. 24 3.35% $10,630
    SOUTHWEST STAGE FUNDING, LLC 24 2.96% $4,558
    Loan Simple, Inc. 24 2.73% $9,155
    MANN FINANCIAL INC. 23 3.04% $6,617
    OCMBC, INC. 23 2.77% $8,980
    PREMIER LENDING, INC. 22 3.08% $7,948
    Bank of England 21 2.87% $9,515
    DRAPER AND KRAMER MORTGAGE CORP. 21 2.54% $6,639
    BELEM SERVICING LLC 21 2.61% $8,298
    Armed Forces Bank 21 2.47% $6,350
    TOWNE MORTGAGE COMPANY 21 2.60% $7,502
    First National Bank Texas 20 2.53% $8,805
    MICHIGAN MUTUAL, INC. 20 2.71% $5,290
    M&T Bank 19 2.72% $5,430
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 18 2.87% $7,272
    First Option Mortgage, LLC 17 2.99% $11,150
    Paramount Bank 17 2.45% $8,746
    First Home Bank 17 2.52% $7,144
    KELLER MORTGAGE, LLC 17 2.54% $8,064
    TOP FLITE FINANCIAL, INC. 17 3.01% $12,670
    Sierra Pacific Mortgage Company, Inc. 15 2.60% $10,834
    PANORAMA MORTGAGE GROUP, LLC 15 3.00% $8,432
    SFMC, LP 15 2.92% $6,505
    PHH Mortgage Corporation 14 2.91% $4,993
    Home Mortgage Alliance Corp 14 2.82% $8,304
    Northpointe Bank 14 2.74% $4,982
    Pacific Lending LLC 13 2.51% $5,827
    First State Bank of St. Charles, Missouri 13 2.66% $8,821
    BAYSHORE MORTGAGE FUNDING, LLC 12 2.82% $7,929
    IDEAL HOME LOANS LLC 12 2.78% $8,462
    LENDUS, LLC 12 2.28% $3,990
    Opendoor Home Loans LLC 12 2.42% $8,069
    RESIDENTIAL BANCORP. 12 3.14% $9,830
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 12 2.97% $4,908
    TBI MORTGAGE COMPANY 12 2.69% $9,332
    SWBC MORTGAGE CORPORATION 11 3.30% $10,089
    INTERNATIONAL CITY MORTGAGE, INC. 11 2.97% $6,743
    FirstBank 11 2.52% $4,873
    VERITAS FUNDING, LLC 11 2.47% $6,999
    Alaska USA Federal Credit Union 11 2.77% $4,074
    LENOX FINANCIAL MORTGAGE CORPORATION 11 2.66% $5,503
    EMBRACE HOME LOANS, INC. 10 2.67% $4,475
    DAS Acquisition Company, LLC 10 3.30% $8,887
    PINNACLE LENDING GROUP, INC. 10 2.50% $5,154
    Plains Commerce Bank 10 2.67% $5,668
    AmeriHome Mortgage Company, LLC 10 2.86% $3,108
    Zions Bancorporation, N.A. 10 2.49% $3,602
    First Federal Bank of Kansas City 10 2.38% $3,415
    PREMIA MORTGAGE, LLC 10 2.50% $6,103
    MOUNTAIN WEST FINANCIAL, INC. 9 2.65% $7,374
    OPEN MORTGAGE, LLC 9 2.60% $4,246
    Capital Bank 9 2.42% $4,740
    RELIANCE FIRST CAPITAL, LLC 8 2.72% $6,092
    Meridian Bank Corporation 8 2.28% $3,837
    Texana Bank 8 2.34% $7,701
    Community First National Bank 8 2.64% $11,899
    The Central Trust Bank 8 2.38% $9,543
    The Home Loan Expert LLC 8 2.46% $5,990
    Glacier Bank 8 2.98% $7,386
    S1L, Inc. 8 2.67% $12,000
    UNITED SECURITY FINANCIAL CORP 8 2.00% $4,078
    LENDING 3, INC. 7 2.89% $6,672
    HOMESTEAD FUNDING CORP. 7 2.45% $4,618
    FIRST CENTENNIAL MORTGAGE CORPORATION 7 2.80% $9,265
    Century Mortgage Company DBA Century Lending Company 7 2.34% $8,310
    MOUNTAIN AMERICA 7 2.29% $5,683
    Umpqua Bank 7 2.59% $8,232
    WESTERN EXPRESS LENDING 7 2.43% $3,248
    GoPrime Mortgage, Inc. 7 2.96% $7,087
    Ixonia Bank 7 2.36% $9,086
    GSF Mortgage Corporation 7 3.41% $8,427
    INTERLINC MORTGAGE SERVICES, LLC 7 3.32% $14,313
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 6 3.33% $12,953
    BOKF 6 3.02% $4,628
    NBH Bank 6 2.50% $5,100
    JPMorgan Chase Bank 6 3.10% $4,347
    CREDIT UNION WEST 6 2.85% $3,729
    MEGASTAR FINANCIAL CORP. 5 2.50% $6,846
    CITY FIRST MORTGAGE SERVICES, L.L.C. 5 2.98% $9,966
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 5 2.85% $10,555
    Bank of America 5 2.60% $3,855
    BECKAM FUNDING CORP. 5 3.85% $8,937
    Evolve Bank & Trust 5 2.78% $9,780
    MUFG Union Bank 5 2.55% $5,607
    COUNTRYPLACE MORTGAGE, LTD. 5 4.05% $5,748
    SUCCESS MORTGAGE PARTNERS, INC. 5 3.12% $12,329
    DATA MORTGAGE, INC. 5 2.50% $5,769
    SIRVA MORTGAGE, INC. 5 2.65% $2,189
    INTELLILOAN, INC. 5 2.52% $12,925
    Financial Funding Solutions, Inc. 5 2.68% $2,962
    DIRECTORS MORTGAGE, INC. 5 3.45% $11,220
    PARKSIDE LENDING, LLC 5 2.38% $5,454
    PREMIER MORTGAGE RESOURCES, L.L.C. 5 2.93% $8,032
    Utah Mortgage Loan Corporation 5 2.83% $7,490
    First Western Trust Bank 4 2.44% $2,520
    ARC HOME LLC 4 2.50% $4,677
    First Savings Bank 4 2.47% $4,125
    First Midwest Bank 4 2.25% $5,856
    First Internet Bank of Indiana 4 2.47% $2,324
    LIBERTY HOME MORTGAGE CORPORATION 4 2.50% $5,348
    EVERETT FINANCIAL, INC. 4 2.88% $4,331
    HighTechLending Inc 4 2.38% $5,842
    Citizens Bank 4 2.50% $4,817
    MidFirst Bank 4 2.44% $7,003
    SRE MORTGAGE ALLIANCE INC. 4 2.13% $5,566
    EMM LOANS LLC 3 2.54% $7,529
    JAMES B. NUTTER & COMPANY 3 2.63% $1,529
    LAND HOME FINANCIAL SERVICES, INC. 3 3.08% $11,968
    IMPAC MORTGAGE CORP. 3 2.29% $2,032
    Western State Bank 3 2.79% $3,979
    AMERICA FIRST 3 2.42% $5,730
    VAN DYK MORTGAGE CORPORATION 3 2.79% $3,634
    AMERICAN INTERNET MORTGAGE, INC. 3 2.29% $7,459
    Stifel Bank and Trust 3 2.54% $2,194
    UNITED MORTGAGE CORP. 3 3.04% $9,860
    ISERVE RESIDENTIAL LENDING, LLC 3 2.58% $8,456
    Willamette Valley Bank 3 2.96% $10,254
    ROYAL UNITED MORTGAGE LLC 3 2.54% $14,472
    TIAA, FSB 3 2.38% $8,795
    ML Mortgage Corp. 3 2.67% $8,820
    Franklin Loan Corporation 3 2.63% $15,058
    Austin Capital Bank SSB 3 3.08% $9,347
    Florida Capital Bank 3 2.63% $7,488
    1st Security Bank of Washington 3 2.67% $4,877
    ONY GLO, INC. 3 2.21% $4,427
    Arvest Bank 2 2.75% $1,680
    Golden Empire Mortgage, Inc. 2 3.06% $7,975
    BBVA USA 2 2.81% $5,196
    BEST CAPITAL FUNDING 2 2.38% $7,441
    THE ANDERSON FINANCIAL GROUP, INC. 2 2.50% $842
    RESIDENTIAL MORTGAGE, LLC 2 2.63% $2,748
    FISHER FINANCIAL GROUP, INCORPORATED 2 2.69% $2,250
    LOANFLIGHT LENDING, LLC 2 2.31% $2,420
    ABSOLUTE HOME MORTGAGE CORPORATION 2 2.75% $8,113
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 3.13% $19,429
    Bank of the West 2 3.50% $9,611
    IDAHO CENTRAL 2 2.50% $10,988
    HUNT MORTGAGE CORPORATION 2 3.00% $4,066
    FIRST STATE MORTGAGE SERVICES, LLC 2 2.50% $21,535
    MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 2 2.25% $24,081
    AHL FUNDING 2 2.75% $10,829
    PNC Bank 2 2.63% $4,589
    ALAMEDA MORTGAGE CORPORATION 2 2.50% $11,268
    Alerus Financial 2 2.63% $1,733
    Service Federal Credit Union 2 2.75% $3,171
    Presidential Bank, FSB 2 2.38% $6,607
    AMERICAN ADVISORS GROUP 2 2.88% $3,335
    VANTAGE WEST 2 3.25% $8,260
    DIRECT MORTGAGE, CORP. 2 2.25% $8,670
    The Huntington National Bank 2 2.75% $18,376
    NATIONWIDE MORTGAGE BANKERS, INC. 2 3.19% $10,097
    AMERICAN HERITAGE LENDING, INC. 1 2.75% $10,774
    LEGACY MORTGAGE LLC 1 2.75% $11,284
    HomeStreet Bank 1 2.50% $2,791
    HANCOCK MORTGAGE PARTNERS, LLC 1 3.13% $12,289
    MEMBER FIRST MORTGAGE, LLC 1 3.25% $22,224
    MLD MORTGAGE INC. 1 2.38% $3,255
    Fortress Bank 1 2.38% $21,806
    Flanagan State Bank 1 2.75% $14,091
    FIRST NATIONS HOME FINANCE CORPORATION 1 2.38% $13,455
    NATIONS RELIABLE LENDING, LLC 1 2.25% $1,164
    First International Bank & Trust 1 3.00% $2,602
    First Horizon Bank 1 3.00% $27,448
    Network Funding, L.P. 1 3.25% $17,451
    Fidelity Bank 1 2.50% $4,377
    FCB Banks 1 2.25% $10,016
    NuVision Federal Credit Union 1 2.38% $11,593
    WRIGHT-PATT CREDIT UNION, INC. 1 2.75% $12,163
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 2.38% $4,794
    Peoples Bank 1 2.25% $3,502
    Peoples National Bank , N.A. 1 2.75% $2,739
    Core Bank 1 2.50% $4,551
    COMPASS MORTGAGE, INC. 1 2.75% $3,616
    COMMUNITYAMERICA 1 2.50% $2,390
    Columbia State Bank 1 2.88% $7,018
    Colonial Savings, F.A. 1 3.00% $30,252
    PRIORITY HOME LENDING, LLC 1 2.75% $4,358
    CHOICE LENDING CORP. 1 2.75% $13,333
    RANLIFE, INC. 1 2.88% $4,327
    Academy Bank 1 2.25% $2,462
    Servion, Inc. 1 3.38% $3,362
    CASTLE & COOKE MORTGAGE, LLC 1 3.25% $2,809
    Cache Valley Bank 1 3.00% $4,494
    BLUELEAF LENDING, LLC 1 2.38% $2,398
    BLACK HILLS FEDERAL CREDIT UNION 1 2.63% $3,037
    Atlantic Union Bank 1 3.13% $40,526
    ASHLAND Credit Union 1 2.88% $11,719
    T2 FINANCIAL LLC 1 2.88% $7,817
    TCF National Bank 1 2.50% $3,140
    The First National Bank of Middle Tennessee 1 3.25% $3,427
    THRIVE MORTGAGE, LLC 1 2.75% $5,872
    THRIVENT Federal Credit Union 1 2.63% $5,972
    AmRes Corporation 1 2.25% $4,753
    Ameris Bank 1 2.38% $10,249
    American Mortgage & Equity Consultants, Inc. 1 2.50% $16,237
    UNIVERSAL LENDING CORPORATION 1 3.25% $6,024
    Victorian Finance, LLC 1 2.50% $4,350
    Allied First Bank,sb 1 2.25% $3,877
    West Gate Bank 1 2.25% $1,585
    WESTSTAR MORTGAGE CORPORATION 1 1.75% $14,858
    Jonah Bank of Wyoming 1 2.25% $706
    KeyBank 1 2.50% $12,290
    JMJ FINANCIAL GROUP 1 2.75% $2,645

    The top Arizona VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 3,871 VA loans originated. Their average total fees are $3,525, which is $2,318 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Arizona VA lenders (with over 10 loans originated) are MID AMERICA MORTGAGE, INC. ($1,663), Lakeview Community Capital, LLC ($2,536), LAKEVIEW LOAN SERVICING, LLC ($2,714), AmeriHome Mortgage Company, LLC ($3,108) and First Federal Bank of Kansas City ($3,415).

    The lowest rate Arizona VA lenders (with over 10 loans originated) are ACCELERATE MORTGAGE, LLC (2.21%), LENDUS, LLC (2.28%), NP, Inc. (2.29%), CLEARPATH LENDING (2.31%) and Prime Choice Funding Inc. (2.33%).

    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.