Florida VA Loan Rates, Closing Costs & Stats

Florida

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.

Florida VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Florida averaged 6.27% for the week of 2024-02-16, compared to the national average (all VA variants) of 6.462% for the same period.

Florida's average VA mortgage closing costs are $6,679.

The average rate for the prior week (2024-02-09) was 6.13% and one month ago for the week of 2024-01-12, the average rate was 6.19%.

The average rate one year ago was 5.75%.

For refis of the same type during the week of 2024-02-16, the average rate was 5.12%.

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

Florida 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 Florida level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 5,609 4.93% $9,545
UNITED WHOLESALE MORTGAGE, LLC 4,846 4.33% $10,419
QUICKEN LOANS, LLC 3,693 4.03% $12,011
NAVY FEDERAL CREDIT UNION 2,496 3.83% $8,066
FREEDOM MORTGAGE CORPORATION 2,352 4.17% $12,170
DHI MORTGAGE COMPANY, LTD. 2,274 4.22% $8,260
LOANDEPOT.COM, LLC 1,580 4.13% $11,125
PENNYMAC LOAN SERVICES, LLC 1,337 3.49% $10,936
NEW DAY FINANCIAL, LLC 1,198 4.82% $12,847
EAGLE HOME MORTGAGE, LLC 1,161 4.64% $9,164
USAA Federal Savings Bank 1,052 4.32% $9,274
CROSSCOUNTRY MORTGAGE, LLC 925 4.94% $12,002
CALIBER HOME LOANS, INC. 873 4.47% $11,411
BROKER SOLUTIONS, INC. 828 4.67% $11,017
MOVEMENT MORTGAGE, LLC 713 4.91% $9,886
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 661 4.90% $10,018
HOME POINT FINANCIAL CORPORATION 591 4.18% $11,130
Mr. Cooper ( Nationstar Mortgage ) 507 4.45% $10,032
THE MORTGAGE FIRM, INC. 468 5.01% $9,693
CARDINAL FINANCIAL 452 4.79% $12,404
HOMEBRIDGE FINANCIAL SERVICES, INC. 437 4.43% $11,687
Flagstar Bank, FSB 428 4.40% $11,516
PENTAGON FEDERAL CREDIT UNION 421 3.48% $7,490
GUARANTEED RATE, INC. 417 4.48% $9,880
The Federal Savings Bank 394 4.55% $17,566
FBC MORTGAGE, LLC 376 4.74% $10,401
UNIVERSITY LENDING GROUP, LLC 369 4.40% $10,105
Bank of England 369 4.74% $12,702
PULTE MORTGAGE LLC 352 4.54% $7,779
NEWREZ LLC 328 4.29% $10,481
AMERISAVE MORTGAGE CORPORATION 316 4.32% $13,474
LAKEVIEW LOAN SERVICING, LLC 302 3.42% $5,950
KBHS HOME LOANS, LLC 294 4.52% $13,924
PRIMELENDING, A PLAINSCAPITAL COMPANY 290 4.76% $9,754
EVERETT FINANCIAL, INC. 280 4.82% $8,764
Equity Prime Mortgage LLC 250 5.25% $10,778
Carrington Mortgage Services, LLC 248 4.51% $10,215
Paramount Residential Mortgage Group, Inc. 245 4.93% $13,110
CLEARPATH LENDING 242 3.65% $12,573
VILLAGE CAPITAL MORTGAGE 236 3.90% $9,634
CMG MORTGAGE, INC. 231 4.61% $12,343
AMERIFIRST FINANCIAL CORPORATION 230 4.98% $11,519
JET HOMELOANS, LLC 222 4.99% $12,386
MORTGAGE SOLUTIONS OF COLORADO, LLC 220 5.48% $11,144
Wells Fargo Bank 220 3.96% $7,532
Barrington Bank & Trust Company, N.A. 209 4.65% $9,684
HOMEAMERICAN MORTGAGE CORPORATION 206 4.17% $5,598
Mortgage Lenders Investment Trading Corporation 205 4.20% $9,161
GUARANTEED RATE AFFINITY, LLC 204 4.69% $9,344
PLANET HOME LENDING, LLC 198 4.09% $8,928
LOANPAL, LLC 192 3.71% $13,528
Mid-Continent Funding, Inc. 181 4.63% $10,522
South Pacific Financial Corporation 173 4.68% $12,597
First Federal Bank 167 4.86% $10,281
MUTUAL OF OMAHA MORTGAGE, INC. 166 4.29% $10,476
Waterstone Mortgage Corporation 165 4.99% $11,254
DYBN FINANCIAL CORP. 150 4.82% $11,321
AMERICAN PACIFIC MORTGAGE CORPORATION 149 4.87% $11,908
NVR Mortgage Finance, Inc. 146 4.01% $8,474
Ameris Bank 138 4.67% $11,012
MATTAMY HOME FUNDING, LLC 138 4.52% $12,349
Nations Lending Corporation 127 4.82% $11,964
M/I FINANCIAL, LLC 126 4.22% $12,428
Lakeview Community Capital, LLC 125 3.44% $6,116
UNION HOME MORTGAGE CORP. 123 4.16% $9,512
Plains Commerce Bank 120 4.54% $10,874
North American Savings Bank, F.S.B. 116 3.94% $9,724
NFM, INC. 115 5.29% $12,795
Truist 112 4.09% $7,575
HOMESIDE FINANCIAL, LLC 112 4.74% $12,195
NBKC BANK 112 4.06% $10,002
HOME SOLUTION LENDERS INC. 106 4.34% $7,339
MORTGAGE ONE OF THE SOUTH, INC. 103 4.05% $9,414
CHURCHILL MORTGAGE CORPORATION 98 4.74% $11,413
Citizens Bank 98 4.62% $10,744
VAN DYK MORTGAGE CORPORATION 98 4.87% $10,632
NETWORK CAPITAL FUNDING CORPORATION 96 3.91% $10,723
CERTAINTY HOME LOANS, LLC 93 4.10% $9,505
ACADEMY MORTGAGE CORPORATION 93 5.08% $11,527
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 88 5.16% $9,898
AMERICAN FINANCING CORPORATION 88 3.79% $11,808
EMBRACE HOME LOANS, INC. 87 4.45% $13,188
Armed Forces Bank 87 4.22% $12,167
GUILD MORTGAGE COMPANY 86 4.90% $12,018
Regions Bank 85 4.36% $12,831
FINANCE OF AMERICA MORTGAGE LLC 85 4.34% $10,548
Strong Home Mortgage, LLC 84 3.64% $8,637
SUCCESS MORTGAGE PARTNERS, INC. 84 4.92% $12,768
U.S. Bank 83 4.32% $10,748
PRIMARY RESIDENTIAL MORTGAGE, INC. 79 4.96% $10,882
TOWNE MORTGAGE COMPANY 75 3.52% $11,450
South State Bank 74 4.34% $11,062
SUN WEST MORTGAGE COMPANY, INC. 72 4.25% $11,041
FIRST COMMUNITY MORTGAGE, INC. 72 4.39% $9,041
VYSTAR 71 4.50% $4,857
Centennial Bank 68 4.55% $11,459
Prosperity Home Mortgage, LLC 68 4.51% $9,717
HAMILTON HOME LOANS, INC. 68 4.44% $12,274
ARK-LA-TEX FINANCIAL SERVICES, LLC. 67 4.79% $13,090
VANDERBILT MORTGAGE AND FINANCE, INC. 66 5.00% $4,469
DAS Acquisition Company, LLC 65 5.40% $11,549
Low VA Rates, LLC 64 4.25% $14,338
PLAZA HOME MORTGAGE, INC. 61 4.73% $12,115
Century Mortgage Company DBA Century Lending Company 58 4.69% $9,563
Sierra Pacific Mortgage Company, Inc. 58 4.74% $11,331
The First, A National Banking Association 58 3.82% $10,855
University Bank 56 5.98% $8,633
BAY EQUITY LLC 55 5.41% $10,184
STOCKTON MORTGAGE CORPORATION 54 4.48% $10,448
Trustmark National Bank 54 4.39% $8,699
Magnolia Bank 53 4.36% $13,887
CONTOUR MORTGAGE CORPORATION 52 4.77% $14,264
GERSHMAN INVESTMENT CORP. 50 5.06% $13,764
The Home Loan Expert LLC 50 4.65% $9,406
FIDELITY BANK 49 4.54% $8,918
First Horizon Bank 49 4.72% $12,714
Progress Bank and Trust 49 4.43% $12,386
INSPIRE HOME LOANS INC. 48 5.10% $8,030
NATIONS DIRECT MORTGAGE, LLC 48 4.72% $10,065
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 47 4.49% $12,613
JPMorgan Chase Bank 47 4.29% $9,591
Hometown Lenders, Inc. 46 4.36% $11,281
Wyndham Capital Mortgage, Inc. 46 3.59% $6,919
Northpointe Bank 45 4.22% $11,304
AMERICAN FINANCIAL RESOURCES, INC. 41 5.38% $8,685
BNC National Bank 41 4.00% $8,179
RESOURCE FINANCIAL SERVICES, INC. 41 5.06% $11,647
AMERICAN MORTGAGE SERVICE COMPANY 40 4.34% $11,213
CBM Mortgage, Inc. 40 4.90% $12,674
Gateway First Bank 39 5.04% $8,790
NORTHPOINT MORTGAGE, INC. 39 4.96% $8,126
EMM LOANS LLC 39 4.88% $13,568
ABSOLUTE HOME MORTGAGE CORPORATION 38 5.25% $15,523
Hancock Whitney Bank 38 4.07% $9,921
MILEND, INC. 37 5.16% $15,270
WATSON MORTGAGE CORP. 37 4.61% $11,646
SOVEREIGN LENDING GROUP INCORPORATED 36 4.15% $15,217
GENEVA FINANCIAL, LLC 36 5.02% $13,027
METROPLEX MORTGAGE SERVICES, INC. 36 4.90% $5,746
RELIANCE FIRST CAPITAL, LLC 35 4.97% $12,866
SWBC MORTGAGE CORPORATION 35 4.98% $9,769
FIRST EQUITY MORTGAGE INCORPORATED 35 4.04% $9,220
The Central Trust Bank 34 3.89% $11,415
Texana Bank 34 3.99% $12,327
LADERA LENDING, INC. 33 4.32% $12,813
SOUTHEAST MORTGAGE OF GEORGIA, INC. 33 5.06% $11,191
TJC Mortgage, Inc. 33 4.46% $13,070
OPEN MORTGAGE, LLC 32 4.79% $9,720
Lend Smart Mortgage, LLC 32 5.07% $10,265
LAND HOME FINANCIAL SERVICES, INC. 32 5.25% $9,724
BAYSHORE MORTGAGE FUNDING, LLC 32 4.70% $12,216
First Guaranty Mortgage Corporation 32 3.57% $10,274
ACOPIA, LLC 32 5.27% $9,727
GSF Mortgage Corporation 32 5.24% $10,982
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 31 5.15% $13,238
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 30 5.00% $13,776
SECURITYNATIONAL MORTGAGE COMPANY 30 5.10% $14,383
OVM FINANCIAL, INC. 29 4.59% $10,620
HOMESTAR FINANCIAL CORPORATION 29 4.63% $10,914
VERITAS FUNDING, LLC 29 4.58% $19,870
ANGEL OAK HOME LOANS LLC 28 4.55% $9,281
LEADERONE FINANCIAL CORPORATION 28 4.48% $11,343
Ixonia Bank 27 4.99% $12,568
FAIRWAY FUNDING GROUP, INC. 27 4.23% $11,837
PARK SQUARE HOME MORTGAGE, LLC 27 4.69% $8,001
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 27 4.81% $5,646
CRESCENT MORTGAGE COMPANY 26 4.46% $4,593
SOUTHWEST STAGE FUNDING, LLC 26 4.71% $3,010
First Home Bank 26 4.37% $9,801
PREMIA MORTGAGE, LLC 26 3.94% $8,775
Christensen Financial, Inc. 25 4.41% $9,955
HOMEOWNERS FINANCIAL GROUP USA, LLC 25 5.01% $12,777
ENVOY MORTGAGE, LTD 25 5.02% $6,838
Tyndall Federal Credit Union 25 4.75% $8,214
Commerce Home Mortgage, Inc. 25 4.58% $14,145
FIDELITY FUNDING MORTGAGE CORP. 25 4.73% $10,154
VELOCIO MORTGAGE L.L.C. 24 4.34% $8,482
NATIONS RELIABLE LENDING, LLC 24 4.28% $13,311
Synovus Bank 23 4.79% $7,568
Network Funding, L.P. 23 5.04% $13,323
RESIDENTIAL BANCORP 22 4.31% $12,315
Goldwater Bank, N.A. 22 5.64% $12,983
SOUTHPOINT FINANCIAL SERVICES, INC. 22 4.61% $9,437
ZILLOW HOME LOANS, LLC 21 4.24% $9,157
AMCAP MORTGAGE, LTD. 21 5.34% $14,786
First Mortgage Solutions, LLC 21 2.96% $10,365
KELLER MORTGAGE, LLC 21 4.35% $11,954
MICHIGAN MUTUAL, INC. 21 5.00% $9,563
MORTGAGE 1 INCORPORATED 21 4.88% $9,166
PNC Bank 21 4.04% $5,705
NATIONWIDE MORTGAGE BANKERS, INC. 20 5.29% $21,524
United Fidelity Funding Corp. 20 4.71% $14,998
TBI MORTGAGE COMPANY 20 4.22% $12,701
Capital City Home Loans, LLC 20 4.42% $11,949
GMFS LLC 20 4.53% $8,983
First Heritage Mortgage, LLC 19 5.22% $12,195
Credence Funding Corporation 19 3.07% $5,101
CAPITAL PARTNERS MORTGAGE, LLC 18 4.78% $10,858
Paramount Bank 18 4.63% $10,751
DRAPER AND KRAMER MORTGAGE CORP. 18 4.40% $7,670
M&T Bank 18 3.76% $6,079
SHELTER MORTGAGE COMPANY, L.L.C. 18 4.38% $9,360
Bank of America 17 4.37% $13,578
EQUITY RESOURCES, INC. 17 4.32% $8,322
AMERICAN BANCSHARES MORTGAGE 17 4.51% $16,295
Renasant Bank 17 4.49% $9,864
INLANTA MORTGAGE, INC. 17 4.24% $9,482
MORTGAGE EQUITY PARTNERS LLC 17 4.90% $11,605
Fifth Third Bank 17 4.76% $6,768
Summit Mortgage Corporation 16 4.98% $11,425
Amerifirst Financial, Inc. 16 5.03% $12,308
DIRECT MORTGAGE LOANS, LLC 16 5.30% $15,399
NP, Inc. 16 4.47% $9,910
HOMESPIRE MORTGAGE CORPORATION 15 5.19% $8,583
MID AMERICA MORTGAGE, INC. 15 4.22% $10,384
DSLD MORTGAGE, LLC 15 4.72% $9,342
CALCON MUTUAL MORTGAGE LLC 15 4.63% $14,286
RADIUS FINANCIAL GROUP INC. 15 4.51% $9,350
ROUNDPOINT MORTGAGE SERVICING CORPORATION 15 4.51% $8,846
HANCOCK MORTGAGE PARTNERS, LLC 15 5.07% $11,944
SOUTHERN TRUST MORTGAGE, LLC 14 4.26% $16,544
BAY CAPITAL MORTGAGE CORPORATION 14 4.54% $15,315
Wolfe Financial, Inc 14 5.35% $12,679
FIRST EQUITY MORTGAGE BANKERS, INC. 14 4.94% $15,335
COMPASS MORTGAGE, INC. 13 4.88% $10,203
FirstBank 13 3.39% $11,488
HOMETRUST MORTGAGE COMPANY 13 5.25% $7,938
T2 FINANCIAL LLC 13 4.59% $25,774
Bell Bank 13 4.64% $8,388
MCLEAN MORTGAGE CORPORATION 13 3.81% $15,723
NEAL COMMUNITIES FUNDING, LLC 13 4.94% $12,803
INTERCOASTAL MORTGAGE COMPANY 12 4.64% $14,267
Total Media Management, LLC 12 4.43% $12,241
Community First National Bank 12 4.53% $9,469
Towne Bank 12 4.36% $12,489
CityWorth Mortgage LLC 12 3.93% $16,604
TD Bank 12 3.95% $6,164
Advisors Mortgage Group, L.L.C. 12 5.24% $10,113
ROYAL UNITED MORTGAGE LLC 12 3.91% $22,060
Meridian Bank Corporation 12 3.95% $13,411
Alcova Mortgage LLC 11 4.95% $7,328
MY MORTGAGE, INC. 11 4.81% $12,486
Austin Capital Bank SSB 11 4.31% $17,712
CHERRY CREEK MORTGAGE, LLC 11 4.58% $5,905
UNITED MORTGAGE CORP 11 4.52% $17,148
Hometown Equity Mortgage, LLC 10 4.21% $9,885
Atlantic Coast Mortgage, LLC 10 4.71% $11,286
TOP FLITE FINANCIAL, INC. 10 4.78% $21,966
TOTAL MORTGAGE SERVICES, LLC 10 5.09% $11,435
Town Square Mortgage & Investments, Inc. 10 4.79% $14,205
FIRST HOME MORTGAGE CORPORATION 10 4.25% $10,012
GUARANTY HOME MORTGAGE CORPORATION 10 5.03% $9,844
AMERICAN ADVISORS GROUP 10 3.59% $9,263
ALLIED MORTGAGE GROUP, INC. 10 4.95% $12,542
CANOPY MORTGAGE, LLC 10 3.70% $9,424
Capital Bank 10 4.14% $6,772
PREMIER MORTGAGE RESOURCES, L.L.C. 10 5.50% $11,692
GREAT WESTERN FINANCIAL SERVICES, INC. 10 5.15% $10,533
First Savings Bank 9 4.68% $11,539
DELMAR FINANCIAL COMPANY 9 5.14% $10,118
HomePromise Corporation 9 5.53% $17,961
Prime Choice Funding Inc. 9 2.79% $8,592
AmRes Corporation 9 4.14% $10,450
POLARIS HOME FUNDING CORP. 9 4.57% $13,069
FOUNDATION MORTGAGE CORPORATION 9 4.05% $14,806
Sunflower Bank 9 4.10% $13,265
FLAT BRANCH MORTGAGE, INC. 9 3.89% $12,255
Shea Mortgage Inc. 9 4.78% $7,559
S1L, Inc. 9 4.86% $15,313
West Town Bank & Trust 9 4.65% $14,087
NBH Bank 8 4.08% $14,694
AXIA FINANCIAL, LLC 8 3.78% $15,701
Florida Capital Bank 8 5.06% $15,013
GoPrime Mortgage, Inc. 8 4.39% $11,761
Loan Simple, Inc. 8 4.42% $8,640
Eagle Bank and Trust Company 8 5.14% $7,711
MORTGAGE FINANCIAL GROUP, INC. 8 4.78% $6,627
1ST FINANCIAL, INC. 8 4.51% $12,325
LEGEND LENDING CORPORATION 8 4.89% $27,520
THRIVE MORTGAGE, LLC 8 5.66% $9,295
Evolve Bank & Trust 7 4.77% $14,567
First Option Mortgage, LLC 7 4.77% $10,310
FIRST CENTENNIAL MORTGAGE CORPORATION 7 5.02% $10,899
V.I.P. MORTGAGE, INC. 7 4.98% $8,097
Arvest Bank 7 3.91% $8,399
AMERICAN PORTFOLIO MORTGAGE CORPORATION 7 4.61% $15,333
PREFERRED LENDING SERVICES, LLC 7 5.29% $8,828
TIDEWATER MORTGAGE SERVICES, INC. 7 4.52% $12,936
Seacoast National Bank 7 4.30% $9,646
PHH Mortgage Corporation 7 4.63% $11,992
1ST SIGNATURE LENDING, LLC 7 4.54% $7,182
Preston Home Loans Inc 7 5.55% $12,347
RESIDENTIAL HOME FUNDING CORP. 7 4.14% $15,186
HOMESTEAD FUNDING CORP. 6 4.04% $12,499
George Mason Mortgage, LLC 6 4.02% $9,992
First Federal Bank of Kansas City 6 4.52% $12,712
HUNT MORTGAGE CORPORATION 6 3.98% $4,471
INTELLILOAN, INC. 6 4.85% $19,919
INTERCAP LENDING INC. 6 4.33% $6,834
FEDERATED MORTGAGE CORP. 6 4.10% $10,114
KEESLER 6 4.33% $5,947
CORNERSTONE HOME LENDING, INC. 6 5.08% $5,107
NEW FED MORTGAGE, CORP. 6 4.98% $8,793
Colten Mortgage, LLC 6 4.85% $11,392
CITY FIRST MORTGAGE SERVICES, L.L.C. 6 5.42% $10,508
OCMBC, INC. 6 4.50% $9,594
PANORAMA MORTGAGE GROUP, LLC 6 5.29% $13,609
PROPER RATE, LLC 6 3.94% $5,977
ROSS MORTGAGE CORPORATION 6 4.75% $7,488
BancorpSouth 6 4.40% $5,300
The Huntington National Bank 6 4.92% $7,436
US MORTGAGE CORPORATION 6 4.96% $14,354
Service Federal Credit Union 5 4.33% $10,021
SPACE COAST Credit Union 5 3.88% $9,382
Mutual Federal Bank 5 4.65% $15,754
NJ LENDERS CORP. 5 4.28% $9,168
American Mortgage & Equity Consultants, Inc. 5 4.40% $7,113
East Coast Capital Corp. 5 5.12% $10,591
FIRST MORTGAGE COMPANY, INC. 5 4.55% $9,355
LIBERTY HOME MORTGAGE CORPORATION 5 4.90% $13,379
CHAMPIONS MORTGAGE LLC 5 4.93% $11,542
Residential Mortgage Solutions, Inc. 5 5.30% $12,650
COMMUNITY CREDIT UNION OF FLORIDA 5 4.50% $5,914
FIRST FLORIDA Credit Union 5 4.78% $12,164
SOUTHWEST FUNDING, LP 4 4.97% $21,416
Raymond James Bank 4 4.75% $8,397
Financial Freedom Mortgage, LLC 4 4.69% $7,013
SUMMIT FUNDING, INC. 4 5.75% $5,490
NORTHERN MORTGAGE SERVICES, LLC 4 4.34% $8,637
LOANFLIGHT LENDING, LLC 4 3.44% $8,300
Presidential Bank, FSB 4 3.94% $11,215
LAKE MICHIGAN CREDIT UNION 4 4.38% $11,943
HARVESTERS FEDERAL CREDIT UNION 4 4.56% $5,957
NTFN, INC. 4 5.72% $6,910
Cornerstone First Mortgage, Inc 4 5.41% $20,289
BANKSOUTH MORTGAGE COMPANY, LLC 4 4.66% $9,315
THE EQUITABLE MORTGAGE CORPORATION 4 5.03% $15,545
NOVA FINANCIAL & INVESTMENT CORPORATION 4 5.28% $9,323
Peoples Bank 4 5.13% $16,062
First Internet Bank of Indiana 4 3.06% $4,993
Premium Mortgage Corporation 4 4.66% $10,377
Watermark Capital, Inc. 3 2.29% $9,670
LOANLEADERS OF AMERICA, INC. 3 4.67% $12,187
NexBank 3 3.42% $7,782
CASTLE & COOKE MORTGAGE, LLC 3 4.25% $9,392
Core Bank 3 4.79% $12,916
BANKERS MORTGAGE LENDING, INC. 3 5.04% $9,413
Encompass Lending Group, LP 3 5.25% $13,913
Midwest BankCentre 3 3.46% $10,126
FIRST ALLIANCE HOME MORTGAGE, LLC 3 3.46% $6,875
DIRECT MORTGAGE, CORP. 3 5.21% $9,192
ASPIRE FINANCIAL, INC. 3 4.29% $9,894
ARC HOME LLC 3 4.00% $11,563
Northwest Federal Credit Union 3 5.04% $3,664
NORWICH COMMERCIAL GROUP, INC. 3 4.17% $12,267
THE MORTGAGE LINK, INC. 3 5.13% $5,357
HighTechLending Inc 3 4.25% $25,467
OAKTREE FUNDING CORP. 3 4.83% $11,446
Blue Ridge Bank 3 4.21% $13,645
AmeriHome Mortgage Company, LLC 3 4.79% $5,428
American Security Mortgage Corp. 3 4.42% $11,558
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 3 4.25% $14,989
ON Q FINANCIAL, INC. 3 5.29% $6,152
Gulf Coast Bank and Trust Company 3 4.04% $9,812
UNITED NORTHERN MORTGAGE BANKERS LIMITED 3 5.50% $15,943
Neighborhood Loans, Inc. 3 4.92% $24,040
UNIVERSAL LENDING CORPORATION 3 4.67% $8,300
Republic Bank & Trust Company 3 4.79% $19,947
Willamette Valley Bank 3 4.71% $23,583
MORIA DEVELOPMENT, INC. 3 5.33% $10,091
MLB RESIDENTIAL LENDING, LLC 3 4.08% $6,706
MORTGAGE INVESTORS GROUP, INC. 3 4.71% $5,834
SeaTrust Mortgage Company 3 5.58% $8,930
GVC MORTGAGE, INC. 2 5.56% $11,587
Midwest Mortgage Associates Corporation 2 4.81% $10,522
Acre Mortgage and Financial Inc 2 5.00% $9,326
Old National Bank 2 3.44% $8,785
WRIGHT-PATT CREDIT UNION, INC. 2 3.75% $5,293
DATA MORTGAGE, INC. 2 6.13% $16,791
J. VIRGIL, INC. 2 6.13% $12,368
JAMES B. NUTTER & COMPANY 2 5.44% $4,454
Shamrock Home Loans, Inc. 2 4.63% $8,379
Stifel Bank and Trust 2 2.63% $6,203
MORTGAGEONE, INC. 2 4.81% $10,966
BECKAM FUNDING CORP. 2 4.56% $11,464
MEMBER FIRST MORTGAGE, LLC 2 5.50% $20,032
BANKING MORTGAGE SERVICES, B.M.S. CORP. 2 5.75% $11,905
BANK OF LITTLE ROCK MORTGAGE CORPORATION 2 3.25% $10,906
SIRVA MORTGAGE, INC. 2 4.06% $8,180
First United Bank and Trust Company 2 4.88% $14,682
RESIDENTIAL HOME MORTGAGE CORPORATION 2 3.63% $17,298
PIKE CREEK MORTGAGE SERVICES, INC. 2 3.50% $15,996
Arbor Bank 2 4.88% $2,518
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 3.00% $11,066
Vellum Mortgage, Inc. 2 5.63% $19,295
COLUMBUS CAPITAL LENDING, LLC 2 5.13% $22,188
First Bank 2 4.56% $3,387
The Union Bank Company 2 4.00% $5,800
COMMUNITY MORTGAGE CORPORATION 2 3.31% $4,046
IMPAC MORTGAGE CORP. 2 3.75% $13,528
FIDELITY DIRECT MORTGAGE, LLC 2 5.31% $12,638
West Gate Bank 2 4.81% $6,812
Academy Bank 2 3.88% $7,650
ENDEAVOR CAPITAL, LLC. 2 5.00% $5,700
Great Plains National Bank 2 5.69% $7,976
CIS Financial Services, Inc. 2 5.75% $10,877
Atlantic Union Bank 2 3.31% $6,642
LENOX FINANCIAL MORTGAGE CORPORATION 2 3.88% $7,018
OCEANSIDE MORTGAGE COMPANY 2 4.81% $2,222
First State Bank of St. Charles, Missouri 2 5.44% $6,762
RAPID MORTGAGE COMPANY 2 4.94% $20,746
Semper Home Loans, Inc. 2 2.75% $5,579
MORTGAGE ACCESS CORP. 1 7.63% $6,251
MLD MORTGAGE INC. 1 3.50% $3,547
DG PINNACLE FUNDING LLC 1 6.13% $6,199
Mortgage Network, Inc. 1 5.13% $20,340
MJW Financial LLC 1 5.25% $2,249
GEO-CORP, INC. 1 2.88% $5,279
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 5.13% $3,137
COUNTRYPLACE MORTGAGE, LTD. 1 5.88% $12,846
DIRECT LENDERS, LLC 1 7.13% $2,750
MYCUMORTGAGE, LLC 1 6.13% $13,205
NATION ONE MORTGAGE CORPORATION 1 5.25% $19,393
Congressional Bank 1 4.75% $6,701
Midwest Community Bank 1 3.50% $16,405
FIRST SAVINGS MORTGAGE CORPORATION 1 5.75% $14,200
WesBanco 1 3.50% $4,935
NEXERA HOLDING LLC 1 3.50% $12,899
Colony Bank 1 3.00% $8,454
Colonial Savings, F.A. 1 5.38% $4,232
MEGASTAR FINANCIAL CORP. 1 4.13% $19,714
CITYWIDE HOME LOANS, LLC 1 3.00% $20,340
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 5.38% $18,634
ONE NEVADA CREDIT UNION 1 3.75% $7,110
City Bank 1 5.38% $10,786
Citibank 1 3.25% $4,462
Pacific Lending LLC 1 3.25% $3,704
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.63% $4,269
MDE Home Loans, LLC 1 4.75% $40,889
CHARTER WEST BANK 1 5.25% $17,641
PILGRIM MORTGAGE LLC 1 3.25% $15,378
CapStar Bank 1 4.50% $10,905
PLUS RELOCATION MORTGAGE, LLC 1 4.63% $9,617
121 FINANCIAL 1 3.13% $3,669
Lincoln Savings Bank 1 3.25% $17,554
PREMIER LENDING, INC. 1 4.00% $5,118
Legends Bank 1 6.13% $9,501
Enterprise Bank & Trust 1 4.00% $34,918
Envision Bank 1 3.25% $3,948
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 3.25% $7,180
WILLOW BEND MORTGAGE COMPANY, LLC 1 5.75% $12,923
Prosperity Bank 1 4.88% $13,305
BRIGHTSTAR 1 4.13% $5,565
BOKF 1 3.88% $3,477
Queensborough National Bank & Trust Company 1 4.50% $3,438
RAILROAD & INDUSTRIAL 1 6.63% $10,612
RANLIFE, INC. 1 5.00% $9,655
Red River Bank 1 3.75% $13,270
BETTER MORTGAGE CORPORATION 1 3.25% $3,387
BEST CAPITAL FUNDING 1 3.25% $12,080
EVANSVILLE TEACHERS 1 5.25% $16,087
Key Mortgage Services, Inc. 1 5.88% $4,456
KeyBank 1 2.88% $8,917
BELEM SERVICING LLC 1 5.99% $13,162
Ross Mortgage Company, Inc. 1 5.75% $18,827
F&M Bank 1 3.88% $39,750
Exchange Bank 1 5.00% $4,447
RUOFF MORTGAGE COMPANY, INC. 1 5.13% $24,751
JMAC LENDING, INC. 1 5.13% $4,262
JET DIRECT FUNDING CORP 1 5.75% $9,248
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 1 4.75% $8,210
Shore United Bank 1 2.75% $6,450
Simmons Bank 1 2.75% $3,682
SIWELL, INC. 1 2.38% $2,849
INTERSTATE HOME LOAN CENTER, INC. 1 4.25% $10,103
BankPlus 1 5.13% $5,889
INTERLINC MORTGAGE SERVICES, LLC 1 3.25% $11,717
STAUNTON FINANCIAL, INC. 1 4.25% $15,500
STEARNS LENDING, LLC 1 2.99% $6,914
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 2.88% $12,403
Stride Bank 1 4.75% $26,266
Integrity Home Mortgage Corp 1 5.38% $24,780
INSIGHT 1 5.13% $6,987
SUMMIT MORTGAGE CORPORATION 1 5.75% $18,997
Independent Bank 1 5.75% $3,301
Aurora Financial, LLC 1 4.25% $13,169
INB 1 2.75% $8,473
iCore Lending, Inc. 1 4.63% $7,810
Assurance Financial Group, L.L.C. 1 2.75% $10,696
Franklin Loan Corporation 1 5.63% $3,182
APEX HOME LOANS, INC. 1 3.25% $3,309
THE MORTGAGE WAREHOUSE,LLC 1 5.25% $6,053
First Dakota National Bank 1 4.25% $6,999
First Federal Bank 1 3.63% $10,132
First Federal Bank of the Midwest 1 5.13% $9,449
Hawthorn Bank 1 4.88% $13,904
HANSCOM 1 4.13% $2,756
Towne Mortgage, LLC 1 5.13% $2,924
Trinity Oaks Mortgage, LLC 1 4.75% $26,173
TruHome Solutions, LLC 1 3.38% $10,134
HALLMARK HOME MORTGAGE, LLC 1 5.13% $10,264
UNION CAPITAL MORTGAGE CORPORATION 1 5.63% $50,430
Union Savings Bank 1 5.00% $1,786
United Community Bank 1 4.25% $15,572
Gulf Winds Credit Union 1 2.50% $8,422
UNITED SECURITY FINANCIAL CORP 1 5.38% $20,314
AMERICAN INTERNET MORTGAGE, INC. 1 4.13% $3,159
AMERICAN HOME LENDING USA, LLC 1 3.99% $14,958
Univest Bank and Trust Co. 1 4.00% $22,384
Utah Mortgage Loan Corporation 1 5.13% $21,563
Alpha Mortgage Corporation 1 5.88% $32,104
GREENWAY MORTGAGE FUNDING CORP. 1 5.25% $21,052
Alerus Financial 1 3.50% $1,880
GREENTREE MORTGAGE COMPANY, L.P. 1 3.50% $4,810
GREENSTATE CREDIT UNION 1 5.25% $10,664
Advance Financial Group, LLC 1 6.75% $30,309
ML Mortgage Corp. 1 2.88% $30,951

The top Florida VA lender as defined by loan originations is Mortgage Research Center, LLC, with 5,609 VA loans originated. Their average total fees are $9,545, which is $873 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Florida VA lenders (with over 10 loans originated) are SOUTHWEST STAGE FUNDING, LLC ($3,010), VANDERBILT MORTGAGE AND FINANCE, INC. ($4,469), CRESCENT MORTGAGE COMPANY ($4,593), VYSTAR ($4,857) and Credence Funding Corporation ($5,101).

The lowest rate Florida VA lenders (with over 10 loans originated) are First Mortgage Solutions, LLC (2.96%), Credence Funding Corporation (3.07%), FirstBank (3.39%), LAKEVIEW LOAN SERVICING, LLC (3.42%) and Lakeview Community Capital, LLC (3.44%).

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.