Connecticut VA Loan Rates, Closing Costs & Stats

Connecticut

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets

    • 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.

    Connecticut VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Connecticut averaged 7.19% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Connecticut's average VA mortgage closing costs are $7,329.

    The average rate for the prior week (2025-05-16) was 6.88% and one month ago for the week of 2025-04-18, the average rate was 7.05%.

    The average rate one year ago was 7.06%.

    For refis of the same type during the week of 2025-05-23, the average rate was 7.17%.

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

    Connecticut 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 Connecticut level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 504 6.38% $8,057
    UNITED WHOLESALE MORTGAGE, LLC 238 5.94% $10,205
    NAVY FEDERAL CREDIT UNION 142 5.93% $8,017
    QUICKEN LOANS, LLC 138 6.13% $11,858
    FREEDOM MORTGAGE CORPORATION 99 6.35% $8,858
    TOTAL MORTGAGE SERVICES, LLC 77 6.41% $13,169
    USAA Federal Savings Bank 56 6.17% $9,584
    MOVEMENT MORTGAGE, LLC 55 6.25% $8,522
    NEWREZ LLC 53 6.18% $9,762
    PENNYMAC LOAN SERVICES, LLC 52 5.83% $12,149
    LOANDEPOT.COM, LLC 41 5.71% $15,282
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 40 6.37% $9,875
    GUARANTEED RATE, INC. 39 6.11% $7,660
    The Federal Savings Bank 37 6.24% $18,815
    NEW DAY FINANCIAL, LLC 29 7.51% $11,693
    T2 FINANCIAL LLC 28 6.50% $11,564
    CROSSCOUNTRY MORTGAGE, LLC 27 6.51% $11,348
    CMG MORTGAGE, INC. 23 6.28% $12,566
    Prosperity Home Mortgage, LLC 20 6.10% $9,767
    Mr. Cooper ( Nationstar Mortgage ) 20 6.10% $11,024
    MUTUAL OF OMAHA MORTGAGE, INC. 19 6.52% $15,962
    VILLAGE CAPITAL MORTGAGE 19 5.59% $6,854
    Barrington Bank & Trust Company, N.A. 17 6.34% $8,545
    PLAZA HOME MORTGAGE, INC. 17 6.39% $11,180
    Paramount Residential Mortgage Group, Inc. 17 6.47% $10,656
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 16 6.53% $14,109
    LAKEVIEW LOAN SERVICING, LLC 16 5.80% $7,175
    PRIMELENDING, A PLAINSCAPITAL COMPANY 15 6.58% $8,082
    GUARANTEED RATE AFFINITY, LLC 15 6.07% $9,343
    NBKC BANK 13 5.88% $9,647
    PLANET HOME LENDING, LLC 13 5.93% $5,632
    NORWICH COMMERCIAL GROUP, INC. 13 6.29% $8,538
    NATIONS DIRECT MORTGAGE, LLC 12 6.63% $10,571
    BROKER SOLUTIONS, INC. 12 6.67% $7,403
    FIRST WORLD MORTGAGE CORPORATION 12 6.21% $12,214
    Carrington Mortgage Services, LLC 12 6.31% $13,731
    Lakeview Community Capital, LLC 11 5.76% $5,048
    HOMESTEAD FUNDING CORP. 11 6.49% $8,559
    First Federal Bank 10 6.11% $12,114
    PENTAGON FEDERAL CREDIT UNION 9 5.88% $12,023
    HOMEBRIDGE FINANCIAL SERVICES, INC. 8 6.47% $4,096
    Century Mortgage Company DBA Century Lending Company 8 6.26% $10,468
    Armed Forces Bank 7 5.86% $6,295
    UNION HOME MORTGAGE CORP. 7 6.39% $15,236
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 6.23% $12,268
    CALCON MUTUAL MORTGAGE LLC 7 6.43% $7,356
    GUILD MORTGAGE COMPANY 6 6.35% $9,802
    AMERISAVE MORTGAGE CORPORATION 6 6.00% $17,683
    PRIMARY RESIDENTIAL MORTGAGE, INC. 6 6.29% $14,339
    EMM LOANS LLC 5 6.28% $15,361
    Citizens Bank 5 6.18% $10,523
    Equity Prime Mortgage LLC 5 6.18% $15,851
    FIRST ALLIANCE HOME MORTGAGE, LLC 5 5.88% $11,126
    Flagstar Bank, FSB 5 6.38% $7,853
    Semper Home Loans, Inc. 5 6.93% $17,072
    SUN WEST MORTGAGE COMPANY, INC. 5 6.35% $10,436
    JPMorgan Chase Bank 4 6.40% $18,635
    Northpointe Bank 4 6.09% $5,979
    NORTHPOINT MORTGAGE, INC. 4 6.50% $8,848
    M&T Bank 4 5.94% $8,008
    Magnolia Bank 4 6.09% $17,189
    The Loan Store, Inc. 4 5.78% $9,700
    MORTGAGE EQUITY PARTNERS LLC 3 6.58% $10,409
    NATIONWIDE MORTGAGE BANKERS, INC. 3 6.42% $9,861
    Keystone Funding, Inc. 3 6.25% $11,297
    HomePromise Corporation 3 7.38% $14,675
    LOANPAL, LLC 3 5.54% $16,818
    PHH Mortgage Corporation 3 5.87% $15,855
    Ixonia Bank 3 6.67% $7,729
    Strong Home Mortgage, LLC 3 5.96% $9,659
    NFM, INC. 3 6.33% $12,522
    V.I.P. MORTGAGE, INC. 3 6.04% $8,028
    ALLIANT CREDIT UNION 3 5.83% $16,006
    RELIANCE FIRST CAPITAL, LLC 3 6.08% $20,141
    Leader Bank 2 6.19% $5,065
    WILLIAM RAVEIS MORTGAGE, LLC 2 6.44% $19,933
    EVERETT FINANCIAL, INC. 2 7.25% $11,163
    CARDINAL FINANCIAL 2 6.25% $7,972
    KeyBank 2 5.69% $6,724
    Wells Fargo Bank 2 6.75% $4,759
    POLARIS HOME FUNDING CORP. 2 6.69% $16,116
    Presidential Bank, FSB 2 6.19% $12,724
    U.S. Bank 2 6.25% $7,249
    AMERICAN FINANCIAL NETWORK, INC. 2 6.44% $9,236
    CANOPY MORTGAGE, LLC 2 6.63% $22,835
    Waterstone Mortgage Corporation 2 6.69% $13,876
    SECURITYNATIONAL MORTGAGE COMPANY 1 5.75% $21,601
    Service Federal Credit Union 1 5.63% $4,410
    SUCCESS MORTGAGE PARTNERS, INC. 1 5.63% $17,734
    ZILLOW HOME LOANS, LLC 1 6.75% $8,222
    Atlantic Coast Mortgage, LLC 1 5.75% $7,263
    AmRes Corporation 1 6.25% $4,739
    The Washington Trust Company, of Westerly 1 6.13% $8,068
    AmeriHome Mortgage Company, LLC 1 6.13% $4,952
    Truist 1 6.25% $5,349
    American Mortgage & Equity Consultants, Inc. 1 6.63% $12,540
    UNITED MORTGAGE CORP 1 6.50% $9,097
    AMERICAN FINANCING CORPORATION 1 6.50% $16,419
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.25% $10,083
    JMAC LENDING, INC. 1 5.75% $6,931
    Home Loan Investment Bank, F.S.B. 1 5.75% $4,279
    Liberty Bank 1 6.25% $9,417
    Great Southern Bank 1 6.25% $37,032
    GENEVA FINANCIAL, LLC 1 6.75% $11,138
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $5,076
    FIRST MORTGAGE COMPANY, INC. 1 6.25% $4,339
    FIRST HOME MORTGAGE CORPORATION 1 6.75% $9,168
    FIRST COLONY MORTGAGE CORPORATION 1 5.25% $10,281
    Evolve Bank & Trust 1 6.25% $9,975
    NATIONS RELIABLE LENDING, LLC 1 6.75% $7,310
    NBH Bank 1 5.75% $14,811
    Cornerstone First Mortgage, Inc 1 5.75% $31,328
    Core Bank 1 6.00% $5,005
    Newtown Savings Bank 1 5.25% $3,298
    CONTOUR MORTGAGE CORPORATION 1 6.13% $11,992
    OceanFirst Bank 1 6.13% $16,680
    OCMBC, INC. 1 6.75% $1,995
    Commerce Home Mortgage, Inc. 1 5.63% $4,637
    CLIFFCO, INC. 1 6.63% $9,954
    City National Bank of Florida 1 6.12% $5,075
    Plains Commerce Bank 1 6.25% $7,546
    Citibank 1 6.25% $16,349
    CIBM Bank 1 7.13% $4,534
    PREMIA MORTGAGE, LLC 1 5.88% $0
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.25% $4,735
    Berkshire Bank 1 5.63% $3,548
    PROVINCE MORTGAGE ASSOCIATES, INC. 1 6.75% $5,499
    BAYCOAST MORTGAGE COMPANY, LLC 1 5.25% $21,798
    Residential Mortgage Solutions, Inc. 1 5.50% $5,544

    The top Connecticut VA lender as defined by loan originations is Mortgage Research Center, LLC, with 504 VA loans originated. Their average total fees are $8,057, which is $2,148 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Connecticut VA lenders (with over 10 loans originated) are Lakeview Community Capital, LLC ($5,048), PLANET HOME LENDING, LLC ($5,632), VILLAGE CAPITAL MORTGAGE ($6,854), LAKEVIEW LOAN SERVICING, LLC ($7,175) and BROKER SOLUTIONS, INC. ($7,403).

    The lowest rate Connecticut VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (5.59%), LOANDEPOT.COM, LLC (5.71%), Lakeview Community Capital, LLC (5.76%), LAKEVIEW LOAN SERVICING, LLC (5.80%) and PENNYMAC LOAN SERVICES, LLC (5.83%).

    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.