California VA Loan Rates, Closing Costs & Stats

California

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.

California VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in California averaged 6.33% for the week of 2023-01-27, compared to the national average (all VA variants) of 5.952% for the same period.

California's average VA mortgage closing costs are $7,356.

The average rate for the prior week (2023-01-20) was 6.26% and one month ago for the week of 2022-12-23, the average rate was 6.23%.

The average rate one year ago was 3.63%.

For refis of the same type during the week of 2023-01-27, the average rate was 5.82%.

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

California 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 California level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 9,825 2.38% $5,677
FREEDOM MORTGAGE CORPORATION 9,152 2.36% $4,078
UNITED WHOLESALE MORTGAGE, LLC 8,442 2.48% $8,223
PENNYMAC LOAN SERVICES, LLC 5,900 2.32% $7,870
LOANDEPOT.COM, LLC 4,825 2.44% $7,213
Mortgage Research Center, LLC 4,262 2.78% $9,955
HOME POINT FINANCIAL CORPORATION 3,791 2.41% $7,132
CALIBER HOME LOANS, INC. 3,381 2.48% $8,681
NAVY FEDERAL CREDIT UNION 2,777 2.45% $6,963
AMERICAN PACIFIC MORTGAGE CORPORATION 2,080 2.71% $11,600
VILLAGE CAPITAL MORTGAGE 2,008 2.23% $5,003
CROSSCOUNTRY MORTGAGE, LLC 1,766 2.68% $12,165
LAKEVIEW LOAN SERVICING, LLC 1,731 2.41% $2,960
CLEARPATH LENDING 1,349 2.27% $5,703
AMERICAN FINANCIAL NETWORK, INC. 1,313 2.57% $13,219
BROKER SOLUTIONS, INC. 1,291 2.57% $7,635
NEW DAY FINANCIAL, LLC 1,180 2.79% $11,102
Mr. Cooper ( Nationstar Mortgage ) 1,178 2.57% $5,016
The Federal Savings Bank 1,132 2.48% $8,943
GUARANTEED RATE, INC. 1,012 2.53% $8,353
FINANCE OF AMERICA MORTGAGE LLC 1,006 2.61% $8,752
GUILD MORTGAGE COMPANY 946 2.64% $7,993
HOMEBRIDGE FINANCIAL SERVICES, INC. 946 2.58% $9,721
NEWREZ LLC 891 2.56% $5,800
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 880 2.74% $10,932
USAA Federal Savings Bank 783 2.84% $5,439
Wells Fargo Bank 761 2.51% $5,461
CMG MORTGAGE, INC. 686 2.50% $10,933
Flagstar Bank, FSB 658 2.58% $8,895
Lakeview Community Capital, LLC 607 2.40% $3,193
SUN WEST MORTGAGE COMPANY, INC. 575 2.46% $6,465
MOVEMENT MORTGAGE, LLC 567 2.77% $8,503
PLANET HOME LENDING, LLC 563 2.43% $5,279
Commerce Home Mortgage, Inc. 493 2.74% $8,283
Carrington Mortgage Services, LLC 492 2.84% $7,153
SUMMIT FUNDING, INC. 476 2.82% $10,301
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 455 2.76% $11,700
Paramount Residential Mortgage Group, Inc. 451 2.77% $9,175
First Guaranty Mortgage Corporation 450 2.40% $5,467
EAGLE HOME MORTGAGE, LLC 448 2.78% $9,192
AMERISAVE MORTGAGE CORPORATION 389 2.53% $8,178
InterContinental Capital Group, Inc 386 2.35% $4,604
PLAZA HOME MORTGAGE, INC. 380 2.47% $5,883
Barrington Bank & Trust Company, N.A. 368 2.65% $7,323
DHI MORTGAGE COMPANY, LTD. 350 2.64% $11,182
PENTAGON FEDERAL CREDIT UNION 342 2.34% $5,341
STEARNS LENDING, LLC 304 2.47% $7,540
Golden Empire Mortgage, Inc. 301 2.81% $9,888
SOVEREIGN LENDING GROUP INCORPORATED 299 2.48% $7,764
Low VA Rates, LLC 296 2.34% $6,314
North American Savings Bank, F.S.B. 285 2.35% $5,959
LENDUS, LLC 279 2.55% $10,765
CELEBRITY HOME LOANS, LLC 268 2.74% $8,759
KBHS HOME LOANS, LLC 264 2.75% $9,798
NETWORK CAPITAL FUNDING CORPORATION 261 2.51% $5,700
LOANPAL, LLC 259 2.48% $8,747
NBKC BANK 258 2.47% $6,212
MORTGAGEONE, INC. 257 2.52% $9,340
NATIONS DIRECT MORTGAGE, LLC 250 2.73% $9,543
OCMBC, INC. 250 2.60% $9,386
COUNTRY CLUB MORTGAGE, INC. 239 2.80% $8,588
ARK-LA-TEX FINANCIAL SERVICES, LLC. 238 2.56% $10,030
Sierra Pacific Mortgage Company, Inc. 235 2.71% $7,776
BAY EQUITY LLC 226 2.65% $9,400
Equity Prime Mortgage LLC 226 2.95% $9,086
PRIMELENDING, A PLAINSCAPITAL COMPANY 223 2.88% $11,010
MUTUAL OF OMAHA MORTGAGE, INC. 209 2.51% $7,839
Prime Choice Funding Inc. 207 2.38% $5,203
NP, Inc. 187 2.32% $5,374
GUARANTEED RATE AFFINITY, LLC 184 2.48% $9,354
BNC National Bank 179 2.30% $6,171
Franklin Loan Corporation 171 2.90% $9,540
HOMEAMERICAN MORTGAGE CORPORATION 167 2.71% $6,286
ALAMEDA MORTGAGE CORPORATION 164 2.77% $9,886
MUFG Union Bank 163 2.45% $4,177
Strong Home Mortgage, LLC 156 2.39% $5,530
U.S. Bank 153 2.65% $10,872
ACCELERATE MORTGAGE, LLC 151 2.24% $7,190
RESIDENTIAL WHOLESALE MORTGAGE, INC. 144 2.63% $8,802
MASON MCDUFFIE MORTGAGE CORPORATION 142 2.62% $9,867
DIGNIFIED HOME LOANS, LLC 141 2.65% $8,333
S1L, Inc. 137 2.80% $10,578
Magnolia Bank 134 2.53% $10,937
FBC MORTGAGE, LLC 129 2.59% $8,724
ROUNDPOINT MORTGAGE SERVICING CORPORATION 126 2.84% $9,034
Hometown Equity Mortgage, LLC 119 2.89% $12,096
JMJ FINANCIAL GROUP 117 2.56% $12,672
GRANDE HOMES, INC. 115 2.40% $6,200
MOUNTAIN WEST FINANCIAL, INC. 114 2.74% $8,689
AUGUSTA FINANCIAL, INC. 114 2.65% $9,687
ACADEMY MORTGAGE CORPORATION 108 2.77% $11,547
Nations Lending Corporation 104 2.85% $11,442
ENVOY MORTGAGE, LTD 104 2.84% $11,252
Pacific Lending LLC 98 2.74% $9,748
DRAPER AND KRAMER MORTGAGE CORP. 96 2.50% $8,016
LADERA LENDING, INC. 93 2.62% $8,485
Prosperity Home Mortgage, LLC 91 2.65% $11,373
PRIMARY RESIDENTIAL MORTGAGE, INC. 88 3.03% $8,211
South Pacific Financial Corporation 88 2.62% $14,582
Hometown Lenders, Inc. 87 2.82% $9,159
MEGA CAPITAL FUNDING, INC. 84 2.46% $7,963
PULTE MORTGAGE LLC 83 2.77% $8,057
KINGS MORTGAGE SERVICES, INC. 83 2.70% $9,319
KS StateBank 82 2.37% $5,874
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 81 2.79% $8,585
GENEVA FINANCIAL, LLC 80 2.72% $10,444
Home Mortgage Alliance Corp 78 2.51% $7,301
INTERCAP LENDING INC. 78 2.57% $9,982
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 77 3.20% $10,107
Watermark Capital, Inc. 77 2.51% $6,141
First Federal Bank 75 3.03% $14,264
DATA MORTGAGE, INC. 74 2.69% $9,901
Amerifirst Financial, Inc. 74 2.76% $7,540
Wyndham Capital Mortgage, Inc. 71 2.41% $4,107
PREMIER MORTGAGE RESOURCES, L.L.C. 70 2.72% $11,895
RESIDENTIAL BANCORP. 70 2.86% $11,936
INSPIRE HOME LOANS INC. 70 2.86% $9,914
FRONTWAVE 63 2.44% $4,146
NOVA FINANCIAL & INVESTMENT CORPORATION 62 2.53% $5,632
FIRST NATIONS HOME FINANCE CORPORATION 61 2.75% $8,784
San Diego Funding 59 2.54% $9,251
ML Mortgage Corp. 58 2.77% $9,609
TJC Mortgage, Inc. 58 2.28% $7,659
HighTechLending Inc 58 2.68% $9,597
CALCON MUTUAL MORTGAGE LLC 56 3.24% $11,161
Century Mortgage Company DBA Century Lending Company 55 2.65% $10,207
SCENIC OAKS FUNDING, INC. 55 2.66% $8,393
MLD MORTGAGE INC. 54 2.73% $10,042
CENTRAL COAST LENDING, INC. 53 2.45% $6,357
CANOPY MORTGAGE, LLC 52 2.47% $10,674
AMCAP MORTGAGE, LTD. 52 2.76% $13,171
CHERRY CREEK MORTGAGE, LLC 51 2.61% $3,909
ONY GLO, INC. 51 2.60% $7,927
IMPAC MORTGAGE CORP. 51 2.52% $10,936
CHURCHILL MORTGAGE CORPORATION 50 2.56% $8,382
MID AMERICA MORTGAGE, INC. 50 2.53% $3,315
MORTGAGE SOLUTIONS OF COLORADO, LLC 50 2.98% $7,426
CUSTOMER SERVICE MORTGAGE CORPORATION 50 2.57% $10,809
MORTGAGE MANAGEMENT CONSULTANTS, INC. 49 2.92% $9,240
NBH Bank 48 2.58% $9,912
HOMEOWNERS FINANCIAL GROUP USA, LLC 47 2.86% $12,067
CALCULATED RISK ANALYTICS LLC 46 2.84% $10,092
CORNERSTONE HOME LENDING, INC. 46 2.84% $9,097
AXIA FINANCIAL, LLC 45 2.72% $9,070
HOMESIDE FINANCIAL, LLC 43 2.43% $6,195
KD CAPITAL MORTGAGE CORPORATION 43 2.51% $8,849
AmeriHome Mortgage Company, LLC 43 2.76% $2,843
WESTERN EXPRESS LENDING 41 2.66% $5,086
Umpqua Bank 40 2.61% $6,993
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 40 2.73% $7,494
EVERETT FINANCIAL, INC. 38 2.78% $9,410
OPEN MORTGAGE, LLC 38 2.51% $9,999
Platinum Home Mortgage Corporation 36 3.02% $12,332
S&S Financial 36 2.50% $4,298
ISERVE RESIDENTIAL LENDING, LLC 35 2.77% $14,458
Plains Commerce Bank 35 2.68% $7,794
INTELLILOAN, INC. 35 2.57% $5,705
LAND HOME FINANCIAL SERVICES, INC. 35 2.86% $7,749
NFM, INC. 34 2.84% $11,495
PANORAMA MORTGAGE GROUP, LLC 34 2.83% $10,605
MORIA DEVELOPMENT, INC. 34 2.65% $11,732
Meridian Bank Corporation 33 2.41% $9,371
INTERNATIONAL CITY MORTGAGE, INC. 33 2.82% $10,606
AMERICAN FINANCING CORPORATION 33 2.43% $5,013
M&T Bank 32 2.54% $5,572
CAPSTONE DIRECT, INC. 32 2.41% $9,021
HOME APPROVALS DIRECT, INC. 32 2.71% $7,810
CONTOUR MORTGAGE CORPORATION 31 2.54% $8,015
TRAVIS CREDIT UNION 31 2.96% $7,051
Bank of England 31 2.52% $13,724
UNION HOME MORTGAGE CORP. 31 2.36% $8,883
MEGASTAR FINANCIAL CORP. 31 2.69% $8,522
FirstBank 30 2.40% $4,839
NATIONWIDE MORTGAGE BANKERS, INC. 29 2.67% $14,025
BECKAM FUNDING CORP. 29 3.01% $9,719
SECURITYNATIONAL MORTGAGE COMPANY 28 2.96% $11,694
Northpointe Bank 28 2.55% $10,564
Wallick & Volk, Inc. 28 2.73% $14,292
First Mortgage Solutions, LLC 28 2.22% $4,309
Armed Forces Bank 28 2.43% $8,228
Ameris Bank 27 2.52% $5,834
UNITED SECURITY FINANCIAL CORP 26 2.02% $6,148
Credence Funding Corporation 26 2.27% $3,492
Community First National Bank 25 2.55% $4,902
Paramount Bank 25 2.59% $10,543
COASTAL FUNDING SLC, INC. 24 2.76% $6,615
AMERICAN FINANCIAL RESOURCES, INC. 24 2.74% $7,480
SRE MORTGAGE ALLIANCE INC. 24 2.44% $7,268
First Home Bank 24 2.51% $5,576
AHL FUNDING 24 2.69% $10,331
LEADERONE FINANCIAL CORPORATION 23 2.57% $8,863
NATIONS RELIABLE LENDING, LLC 23 2.84% $10,322
ZILLOW HOME LOANS, LLC 22 2.69% $10,044
Capital Bank 22 2.38% $4,212
PREMIER LENDING, INC. 21 2.72% $14,191
PARKSIDE LENDING, LLC 21 2.39% $9,572
First Savings Bank 21 2.48% $8,316
First Federal Bank of Kansas City 21 2.40% $4,330
FIRST CENTENNIAL MORTGAGE CORPORATION 21 2.48% $7,015
KELLER MORTGAGE, LLC 21 2.58% $10,739
First Bank 21 2.65% $4,787
SUNSTREET MORTGAGE, LLC 21 2.64% $8,144
LENOX FINANCIAL MORTGAGE CORPORATION 21 2.58% $7,067
EMBRACE HOME LOANS, INC. 21 2.36% $6,513
MONARCH FUNDING CORP. 21 2.58% $6,083
BEST CAPITAL FUNDING 21 2.76% $10,160
Banner Bank 20 2.61% $6,826
VERITAS FUNDING, LLC 19 2.81% $11,716
Sunflower Bank 18 2.65% $13,682
Citizens Bank 18 2.51% $8,698
PHH Mortgage Corporation 17 2.81% $5,938
CHOICE LENDING CORP. 17 2.74% $8,274
Goldwater Bank, N.A. 17 2.51% $11,672
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 17 2.74% $9,623
Mid-Continent Funding, Inc. 17 2.66% $15,014
ALL WESTERN MORTGAGE, INC. 16 3.66% $12,183
MICHIGAN MUTUAL, INC. 16 3.06% $7,106
Florida Capital Bank 16 2.64% $9,879
VAN DYK MORTGAGE CORPORATION 16 2.86% $13,667
GoPrime Mortgage, Inc. 16 2.85% $13,104
MORTGAGE 2000, INC. 16 2.50% $10,372
DAS Acquisition Company, LLC 16 2.76% $15,018
VISION ONE MORTGAGE, INC. 15 2.78% $7,996
HomePromise Corporation 15 3.12% $23,406
Shea Mortgage Inc. 15 2.55% $7,876
MORTGAGE CAPITAL PARTNERS, INC. 15 2.73% $10,286
ST FIN CORP 15 2.72% $13,755
JPMorgan Chase Bank 15 2.80% $9,999
HOMEOWNERS FIRST MORTGAGE, LLC 14 2.93% $10,884
The Central Trust Bank 14 2.39% $10,240
United Fidelity Funding Corp. 14 2.46% $8,376
BELEM SERVICING LLC 13 2.41% $10,657
TOP FLITE FINANCIAL, INC. 13 2.93% $25,328
AMERICAN PORTFOLIO MORTGAGE CORPORATION 13 2.45% $3,889
OAKTREE FUNDING CORP. 13 2.75% $6,996
PACIFIC RESIDENTIAL MORTGAGE, LLC 13 2.87% $7,591
ON Q FINANCIAL, INC. 13 3.63% $16,315
LIBERTY HOME MORTGAGE CORPORATION 12 2.51% $10,514
AMERIFIRST FINANCIAL CORPORATION 12 3.04% $12,411
DIRECT MORTGAGE, CORP. 12 2.49% $16,112
Texana Bank 12 2.29% $8,718
Willamette Valley Bank 11 2.73% $9,576
LENDING 3, INC. 11 2.74% $8,455
JMAC LENDING, INC. 11 2.55% $11,463
THRIVE MORTGAGE, LLC 11 2.90% $10,188
GET A RATE LLC 11 2.65% $6,794
TOWNE MORTGAGE COMPANY 10 2.81% $9,546
HomeStreet Bank 10 2.74% $6,371
V.I.P. MORTGAGE, INC. 10 2.39% $4,905
LOANLEADERS OF AMERICA, INC. 10 2.53% $7,589
BAYSHORE MORTGAGE FUNDING, LLC 9 2.81% $7,641
AmRes Corporation 9 2.50% $5,709
BRIDGELOCK CAPITAL 9 2.54% $5,874
CAMPOS FINANCIAL CORP. 9 2.99% $10,651
CITYWIDE HOME LOANS, LLC 9 2.50% $6,509
SNAPFI, INC. 9 2.71% $7,009
NexBank 8 2.55% $6,140
iCore Lending, Inc. 8 2.75% $16,914
LHM FINANCIAL CORPORATION 8 2.61% $7,598
ABSOLUTE HOME MORTGAGE CORPORATION 8 2.58% $6,148
AMERICAN HOME LENDING USA, LLC 8 2.28% $3,458
EMM LOANS LLC 8 2.63% $14,383
RANLIFE, INC. 8 2.67% $7,059
Arvest Bank 8 2.52% $3,846
HOMESTEAD FUNDING CORP. 7 2.34% $4,401
Peoples Bank 7 2.86% $10,249
Neighborhood Loans, Inc. 7 2.75% $12,087
PREMIA MORTGAGE, LLC 7 2.45% $7,182
PNC Bank 6 3.08% $2,712
SOUTHWEST STAGE FUNDING, LLC 6 2.88% $4,814
Summit Mortgage Corporation 6 2.50% $4,999
T2 FINANCIAL LLC 6 2.83% $5,448
Bank of the West 6 3.15% $8,974
AMERICAN ADVISORS GROUP 5 2.78% $5,810
Colten Mortgage, LLC 5 2.85% $6,925
ROYAL UNITED MORTGAGE LLC 5 2.80% $14,603
HOME FUNDING CORPORATION 5 2.98% $16,502
Alaska USA Federal Credit Union 5 2.80% $5,423
Alaska USA Mortgage Company LLC 5 2.80% $5,423
PRIMUS LENDING CORP. 4 3.06% $14,380
Colonial Savings, F.A. 4 2.69% $8,562
SIRVA MORTGAGE, INC. 4 2.78% $4,221
MEMBER FIRST MORTGAGE, LLC 4 2.81% $9,297
INFINITY EQUITY GROUP, INC. 4 2.78% $5,094
ANGEL OAK HOME LOANS LLC 4 2.75% $8,915
UNITED MORTGAGE CORP. 4 2.50% $3,590
TruHome Solutions, LLC 4 2.91% $8,687
Presidential Bank, FSB 4 2.59% $9,252
Loan Simple, Inc. 4 2.28% $7,903
Evolve Bank & Trust 4 2.81% $4,333
First Internet Bank of Indiana 4 2.44% $3,966
TBI MORTGAGE COMPANY 4 2.94% $18,668
RELIANCE FIRST CAPITAL, LLC 4 2.69% $23,365
Financial Funding Solutions, Inc. 4 2.53% $6,441
Truist 3 2.75% $2,045
DIRECTORS MORTGAGE, INC. 3 2.87% $14,518
Lend Smart Mortgage, LLC 3 2.58% $15,922
Core Bank 3 2.50% $6,801
LOANFLIGHT LENDING, LLC 3 2.25% $2,616
1st Security Bank of Washington 3 2.63% $6,000
Service Federal Credit Union 3 2.88% $10,858
Residential Mortgage Solutions, Inc. 3 2.75% $12,120
Academy Bank 3 2.42% $22,235
TIAA, FSB 3 2.54% $3,783
FIRST ALLIANCE HOME MORTGAGE, LLC 3 2.79% $15,506
COMPASS MORTGAGE, INC. 3 2.71% $11,367
BOKF 3 2.92% $5,224
Citibank 3 2.96% $3,666
CALIFORNIA CREDIT UNION 3 1.17% $0
AMERICAN INTERNET MORTGAGE, INC. 3 2.33% $1,247
GUARANTY HOME MORTGAGE CORPORATION 3 2.63% $10,014
HOMESPIRE MORTGAGE CORPORATION 3 2.38% $2,599
CITY FIRST MORTGAGE SERVICES, L.L.C. 3 2.96% $16,825
ARC HOME LLC 3 2.33% $6,624
INLAND BANK & TRUST 3 2.96% $7,354
MANN FINANCIAL INC. 3 2.96% $10,546
West Town Bank & Trust 3 3.04% $17,980
Stifel Bank and Trust 3 2.50% $2,244
GOLDEN WEST ALLIANCE, INC. 3 2.88% $13,370
MYCUMORTGAGE, LLC 2 2.81% $4,968
MERCO Credit Union 2 2.44% $5,299
NEW WEST LENDING, INC. 2 2.63% $11,276
NEXERA HOLDING LLC 2 3.00% $10,448
NORWICH COMMERCIAL GROUP, INC. 2 2.50% $5,289
NuVision Federal Credit Union 2 2.56% $3,444
OCEANSIDE MORTGAGE COMPANY 2 2.50% $574
GSF Mortgage Corporation 2 2.50% $2,799
PINNACLE LENDING GROUP, INC. 2 2.56% $20,862
First State Bank of St. Charles, Missouri 2 2.50% $4,349
First National Bank Texas 2 2.50% $4,539
Princeton Mortgage Corporation 2 2.56% $4,726
Zions Bancorporation, N.A. 2 2.50% $5,553
STARBOARD FINANCIAL MANAGEMENT, LLC 2 2.63% $14,044
COASTHILLS 2 3.25% $2,059
SWBC MORTGAGE CORPORATION 2 3.00% $14,620
TCF National Bank 2 2.44% $3,808
CHU & ASSOCIATES, INC. 2 3.44% $5,296
Bank of America 2 2.75% $6,260
Austin Capital Bank SSB 2 3.56% $13,669
US MORTGAGE CORPORATION 2 3.00% $7,659
Valley First Credit Union 2 2.50% $4,275
American Mortgage and Insurance Inc. 2 2.75% $8,063
Waterstone Mortgage Corporation 2 2.87% $15,311
SUMMIT MORTGAGE CORPORATION 1 2.75% $3,074
SUN AMERICAN MORTGAGE COMPANY 1 2.50% $3,724
FAMILY FIRST FUNDING LLC 1 2.25% $4,881
ROGUE 1 2.75% $10,645
CIS Financial Services, Inc. 1 2.88% $14,963
MID-VALLEY SERVICES, INC. 1 2.38% $1,748
FIRST COLONY MORTGAGE CORPORATION 1 2.50% $1,495
FIRST COMMUNITY MORTGAGE, INC. 1 2.50% $1,465
ONE NEVADA CREDIT UNION 1 2.25% $4,966
AIR ACADEMY 1 2.75% $23,628
CALLISTO GROUP, INC. 1 3.25% $3,461
FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 2.50% $2,679
The Home Loan Expert LLC 1 2.25% $3,810
Progress Bank and Trust 1 2.25% $4,595
THRIVENT Federal Credit Union 1 2.63% $3,650
First Midwest Bank 1 2.25% $3,396
Bell Bank 1 2.25% $8,732
First Western Trust Bank 1 2.25% $3,046
FISHER FINANCIAL GROUP, INCORPORATED 1 2.38% $2,790
Bank of Idaho 1 3.00% $2,248
PLUS RELOCATION MORTGAGE, LLC 1 2.50% $40,857
Glacier Bank 1 2.25% $5,380
Landmark National Bank 1 2.38% $5,065
Axos Bank 1 3.25% $5,061
Advisors Mortgage Group, L.L.C. 1 2.75% $4,237
GREATER NEVADA LLC 1 2.88% $8,431
Great Plains National Bank 1 2.50% $32,122
Peoples National Bank , N.A. 1 2.25% $2,902
People's Bank of Commerce 1 2.25% $3,709
American Mortgage & Equity Consultants, Inc. 1 2.50% $2,179
WRIGHT-PATT CREDIT UNION, INC. 1 2.75% $1,022
Northwest Federal Credit Union 1 3.00% $4,386
MDE Home Loans, LLC 1 2.75% $17,822
HANCOCK MORTGAGE PARTNERS, LLC 1 3.00% $5,024
HARTFORD FUNDING, LTD. 1 2.75% $13,542
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 2.63% $33,625
ALLIED MORTGAGE GROUP, INC. 1 2.25% $3,024
SKYONE Federal Credit Union 1 2.38% $17,595
Constant Investments, Inc. 1 2.63% $5,910
Congressional Bank 1 2.63% $21,285
SIWELL, INC. 1 2.63% $5,309
Alerus Financial 1 2.38% $5,519
COMMUNITYAMERICA 1 2.25% $5,947
SIMPLIFI MORTGAGE, LLC 1 2.25% $2,280
DHA FINANCIAL, LLC 1 2.25% $4,069
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.75% $4,848
JAMES B. NUTTER & COMPANY 1 2.63% $922
SECURITY HOME MORTGAGE, LLC. 1 2.50% $4,222

The top California VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 9,825 VA loans originated. Their average total fees are $5,677, which is $1,599 higher than the next largest lender, FREEDOM MORTGAGE CORPORATION.

The lowest fee California VA lenders (with over 10 loans originated) are AmeriHome Mortgage Company, LLC ($2,843), LAKEVIEW LOAN SERVICING, LLC ($2,960), Lakeview Community Capital, LLC ($3,193), MID AMERICA MORTGAGE, INC. ($3,315) and Credence Funding Corporation ($3,492).

The lowest rate California VA lenders (with over 10 loans originated) are UNITED SECURITY FINANCIAL CORP (2.02%), First Mortgage Solutions, LLC (2.22%), VILLAGE CAPITAL MORTGAGE (2.23%), ACCELERATE MORTGAGE, LLC (2.24%) and CLEARPATH LENDING (2.27%).

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.