Delaware VA Loan Rates, Closing Costs & Stats

Delaware

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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.

    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.