California VA Loan Rates, Closing Costs & Stats

California

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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.

    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.