Delaware VA Loan Rates, Closing Costs & Stats

Delaware

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.

Delaware VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Delaware averaged 6.44% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

Delaware's average VA mortgage closing costs are $7,642.

The average rate for the prior week (2025-03-28) was 6.76% and one month ago for the week of 2025-02-28, the average rate was 6.53%.

The average rate one year ago was 6.94%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.33%.

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

Delaware 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 Delaware level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 194 6.30% $8,042
UNITED WHOLESALE MORTGAGE, LLC 136 5.84% $10,882
QUICKEN LOANS, LLC 119 6.10% $12,932
FREEDOM MORTGAGE CORPORATION 102 6.05% $10,097
Keystone Funding, Inc. 73 6.17% $12,532
DHI MORTGAGE COMPANY, LTD. 68 5.39% $9,922
NVR Mortgage Finance, Inc. 67 6.29% $6,926
NAVY FEDERAL CREDIT UNION 53 5.84% $8,303
PENNYMAC LOAN SERVICES, LLC 46 5.80% $9,912
PIKE CREEK MORTGAGE SERVICES, INC. 44 6.19% $12,206
Meridian Bank Corporation 43 6.21% $12,461
NEW DAY FINANCIAL, LLC 39 7.52% $16,073
LOANDEPOT.COM, LLC 37 5.88% $11,565
CROSSCOUNTRY MORTGAGE, LLC 34 6.33% $8,947
NEWREZ LLC 33 6.03% $8,882
The Federal Savings Bank 31 6.14% $19,177
VILLAGE CAPITAL MORTGAGE 31 5.78% $8,295
Prosperity Home Mortgage, LLC 29 6.13% $9,346
GUILD MORTGAGE COMPANY 28 6.18% $10,359
EAGLE HOME MORTGAGE, LLC 26 6.08% $7,012
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 25 6.14% $10,319
CMG MORTGAGE, INC. 24 5.97% $11,054
USAA Federal Savings Bank 22 6.23% $10,464
MOVEMENT MORTGAGE, LLC 20 6.04% $10,281
PLANET HOME LENDING, LLC 17 5.64% $6,481
Magnolia Bank 16 6.02% $17,544
CARDINAL FINANCIAL 15 6.26% $11,211
PRIMARY RESIDENTIAL MORTGAGE, INC. 14 6.47% $7,726
LAKEVIEW LOAN SERVICING, LLC 14 5.96% $8,129
Mr. Cooper ( Nationstar Mortgage ) 14 6.38% $9,213
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 13 6.38% $8,136
NFM, INC. 13 6.20% $11,451
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 13 6.21% $12,428
HOMESIDE FINANCIAL, LLC 12 6.44% $15,800
BROKER SOLUTIONS, INC. 12 6.28% $9,862
American Mortgage & Equity Consultants, Inc. 11 6.58% $9,144
TIDEWATER MORTGAGE SERVICES, INC. 11 6.59% $11,204
ARK-LA-TEX FINANCIAL SERVICES, LLC. 9 6.33% $11,209
MICHIGAN MUTUAL, INC. 8 6.45% $7,568
ALLIED MORTGAGE GROUP, INC. 8 6.48% $11,779
Capital Bank 8 6.01% $13,548
GUARANTEED RATE AFFINITY, LLC 7 6.46% $12,233
Equity Prime Mortgage LLC 7 6.91% $11,359
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 6.35% $3,181
Carrington Mortgage Services, LLC 6 5.88% $11,717
PLAZA HOME MORTGAGE, INC. 6 6.29% $15,592
Wilmington Savings Fund Society, FSB 6 6.33% $11,445
MLD MORTGAGE INC. 6 6.21% $8,793
PENTAGON FEDERAL CREDIT UNION 6 6.02% $6,651
GUARANTEED RATE, INC. 5 5.99% $5,100
Barrington Bank & Trust Company, N.A. 5 6.30% $11,356
Credence Funding Corporation 5 5.63% $9,153
EMBRACE HOME LOANS, INC. 5 5.93% $14,094
Evolve Bank & Trust 5 6.15% $10,447
First Federal Bank 5 5.93% $5,110
MORTGAGE ACCESS CORP. 5 6.43% $12,640
Nations Lending Corporation 5 5.78% $14,222
NBKC BANK 5 6.03% $6,646
PHH Mortgage Corporation 4 5.71% $5,850
AMERICAN FINANCIAL RESOURCES, INC. 4 6.06% $11,078
NATION ONE MORTGAGE CORPORATION 4 5.75% $10,051
ENVOY MORTGAGE, LTD 4 6.28% $10,916
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 7.09% $5,795
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.72% $13,747
SUN WEST MORTGAGE COMPANY, INC. 4 6.43% $4,531
Acre Mortgage and Financial Inc 4 6.69% $15,012
RELIANCE FIRST CAPITAL, LLC 4 6.31% $18,334
Waterstone Mortgage Corporation 4 6.63% $21,312
AMERISAVE MORTGAGE CORPORATION 3 5.83% $27,376
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.38% $20,170
Armed Forces Bank 3 6.04% $9,106
U.S. Bank 3 6.46% $12,720
NEW FED MORTGAGE, CORP. 3 6.25% $14,285
North American Savings Bank, F.S.B. 3 5.83% $13,546
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.50% $2,234
PNC Bank 3 6.33% $7,681
Plains Commerce Bank 3 6.00% $10,662
AmeriHome Mortgage Company, LLC 3 6.04% $8,710
Flagstar Bank, FSB 3 5.92% $7,631
Towne Bank 3 6.21% $9,596
LOANPAL, LLC 3 6.29% $12,369
M&T Bank 3 6.04% $16,754
Ixonia Bank 2 6.25% $19,695
MEMBER FIRST MORTGAGE, LLC 2 7.13% $7,952
ABSOLUTE HOME MORTGAGE CORPORATION 2 5.88% $10,737
Fulton Bank 2 6.25% $23,351
FIRST COMMUNITY MORTGAGE, INC. 2 6.25% $10,365
MUTUAL OF OMAHA MORTGAGE, INC. 2 5.94% $20,164
Wells Fargo Bank 2 6.63% $9,487
EVERETT FINANCIAL, INC. 2 6.75% $15,532
EMM LOANS LLC 2 5.25% $20,590
Paramount Residential Mortgage Group, Inc. 2 5.44% $5,531
Cornerstone First Mortgage, Inc 2 6.31% $7,929
CHURCHILL MORTGAGE CORPORATION 2 5.81% $22,961
South State Bank 2 6.44% $12,392
JPMorgan Chase Bank 2 5.38% $9,133
Lakeview Community Capital, LLC 1 5.63% $8,382
BAY EQUITY LLC 1 4.63% $14,717
OceanFirst Bank 1 5.75% $5,316
Bank of America 1 6.50% $2,441
NORWICH COMMERCIAL GROUP, INC. 1 6.25% $12,247
Princeton Mortgage Corporation 1 5.88% $8,323
Atlantic Coast Mortgage, LLC 1 6.13% $16,749
Northpointe Bank 1 5.75% $4,885
RADIUS FINANCIAL GROUP INC. 1 5.99% $27,273
FIDELITY DIRECT MORTGAGE, LLC 1 6.75% $6,459
Residential Mortgage Solutions, Inc. 1 5.75% $4,972
Sandy Spring Bank 1 5.49% $5,243
SeaTrust Mortgage Company 1 6.99% $12,113
HOMESTEAD FUNDING CORP. 1 6.13% $3,034
FIRST COLONY MORTGAGE CORPORATION 1 6.25% $4,821
Texana Bank 1 6.63% $21,975
The Dart Bank 1 5.75% $7,826
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.25% $5,343
NATIONS DIRECT MORTGAGE, LLC 1 5.25% $3,091
FIRST HOME MORTGAGE CORPORATION 1 5.13% $33,098
MORTGAGE EQUITY PARTNERS LLC 1 6.75% $14,182
GREENTREE MORTGAGE COMPANY, L.P. 1 6.75% $8,826
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 6.25% $14,777
MDE Home Loans, LLC 1 6.50% $1,511
DAS Acquisition Company, LLC 1 5.75% $11,463
CONTOUR MORTGAGE CORPORATION 1 6.75% $16,290
OCEANSIDE MORTGAGE COMPANY 1 5.63% $21,684

The top Delaware VA lender as defined by loan originations is Mortgage Research Center, LLC, with 194 VA loans originated. Their average total fees are $8,042, which is $2,841 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Delaware VA lenders (with over 10 loans originated) are PLANET HOME LENDING, LLC ($6,481), NVR Mortgage Finance, Inc. ($6,926), EAGLE HOME MORTGAGE, LLC ($7,012), PRIMARY RESIDENTIAL MORTGAGE, INC. ($7,726) and Mortgage Research Center, LLC ($8,042).

The lowest rate Delaware VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.39%), PLANET HOME LENDING, LLC (5.64%), VILLAGE CAPITAL MORTGAGE (5.78%), PENNYMAC LOAN SERVICES, LLC (5.80%) and UNITED WHOLESALE MORTGAGE, LLC (5.84%).

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.