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.