Florida VA Loan Rates, Closing Costs & Stats

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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.

    Florida VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Florida averaged 6.46% for the week of 2024-11-08, compared to the national average (all VA variants) of 6.34% for the same period.

    Florida's average VA mortgage closing costs are $7,041.

    The average rate for the prior week (2024-11-01) was 6.22% and one month ago for the week of 2024-10-04, the average rate was 5.74%.

    The average rate one year ago was 7.4%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.63%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 4,275 6.59% $8,667
    UNITED WHOLESALE MORTGAGE, LLC 3,792 6.25% $10,489
    DHI MORTGAGE COMPANY, LTD. 2,784 5.40% $6,700
    QUICKEN LOANS, LLC 2,003 6.05% $13,545
    NAVY FEDERAL CREDIT UNION 1,783 5.76% $7,639
    EAGLE HOME MORTGAGE, LLC 1,126 5.46% $6,828
    LOANDEPOT.COM, LLC 937 6.02% $12,692
    FREEDOM MORTGAGE CORPORATION 881 6.41% $16,318
    CROSSCOUNTRY MORTGAGE, LLC 692 6.55% $10,955
    MOVEMENT MORTGAGE, LLC 679 6.42% $10,660
    USAA Federal Savings Bank 648 6.19% $11,096
    BROKER SOLUTIONS, INC. 611 6.15% $11,821
    NEW DAY FINANCIAL, LLC 471 7.42% $15,297
    PENNYMAC LOAN SERVICES, LLC 423 5.86% $14,044
    PULTE MORTGAGE LLC 423 5.96% $6,844
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 423 6.51% $9,926
    CARDINAL FINANCIAL 394 6.39% $13,110
    FBC MORTGAGE, LLC 355 5.93% $9,455
    GUARANTEED RATE, INC. 348 6.16% $8,830
    THE MORTGAGE FIRM, INC. 321 6.61% $10,179
    NEWREZ LLC 304 6.38% $11,595
    CMG MORTGAGE, INC. 303 6.14% $15,157
    Paramount Residential Mortgage Group, Inc. 268 6.22% $11,635
    University Bank 265 6.21% $9,314
    PENTAGON FEDERAL CREDIT UNION 265 5.55% $10,221
    JET HOMELOANS, LLC 249 5.90% $9,134
    Mr. Cooper ( Nationstar Mortgage ) 245 5.90% $16,901
    KBHS HOME LOANS, LLC 238 5.86% $12,892
    Equity Prime Mortgage LLC 235 6.82% $10,529
    Plains Commerce Bank 234 6.18% $12,566
    VILLAGE CAPITAL MORTGAGE 231 6.20% $12,055
    Bank of England 229 6.21% $12,449
    The Federal Savings Bank 220 6.29% $19,780
    PRIMELENDING, A PLAINSCAPITAL COMPANY 200 6.36% $10,096
    Waterstone Mortgage Corporation 198 6.50% $12,636
    AMERICAN FINANCIAL NETWORK, INC. 191 6.64% $10,553
    South Pacific Financial Corporation 178 5.56% $11,175
    GUARANTEED RATE AFFINITY, LLC 177 6.20% $9,787
    HOMEBRIDGE FINANCIAL SERVICES, INC. 177 5.90% $11,929
    EVERETT FINANCIAL, INC. 174 6.79% $12,592
    NFM, INC. 166 6.37% $12,833
    Flagstar Bank, FSB 161 6.55% $11,800
    Wells Fargo Bank 156 5.76% $10,176
    NVR Mortgage Finance, Inc. 150 5.49% $8,011
    Ameris Bank 146 6.31% $12,790
    UNION HOME MORTGAGE CORP. 145 6.58% $11,214
    MORTGAGE SOLUTIONS OF COLORADO, LLC 139 7.45% $7,024
    NBKC BANK 138 5.88% $9,976
    MATTAMY HOME FUNDING, LLC 137 5.84% $11,027
    HOMEAMERICAN MORTGAGE CORPORATION 137 5.55% $6,442
    Regions Bank 136 5.97% $14,021
    M/I FINANCIAL, LLC 136 5.83% $15,479
    Mid-Continent Funding, Inc. 135 6.26% $12,411
    AMERICAN PACIFIC MORTGAGE CORPORATION 135 6.55% $13,318
    AMERISAVE MORTGAGE CORPORATION 131 5.72% $17,703
    Barrington Bank & Trust Company, N.A. 124 6.39% $11,069
    First Federal Bank 115 6.36% $8,433
    Century Mortgage Company DBA Century Lending Company 114 6.21% $9,970
    MUTUAL OF OMAHA MORTGAGE, INC. 113 6.24% $14,997
    SWBC MORTGAGE CORPORATION 105 6.36% $9,193
    PLAZA HOME MORTGAGE, INC. 97 6.46% $13,090
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 93 6.51% $9,300
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 92 6.36% $11,965
    DYBN FINANCIAL CORP. 92 6.21% $15,926
    GUILD MORTGAGE COMPANY 88 6.49% $13,075
    HOME SOLUTION LENDERS INC. 88 5.77% $11,592
    PLANET HOME LENDING, LLC 85 5.90% $11,743
    CALIBER HOME LOANS, INC. 85 6.04% $11,180
    SUN WEST MORTGAGE COMPANY, INC. 84 6.46% $12,262
    U.S. Bank 81 6.17% $11,067
    INSPIRE HOME LOANS INC. 80 5.79% $7,161
    Prosperity Home Mortgage, LLC 80 5.99% $12,575
    HOMESIDE FINANCIAL, LLC 80 6.64% $10,558
    CHURCHILL MORTGAGE CORPORATION 71 6.40% $11,456
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 66 6.32% $10,942
    Mortgage Lenders Investment Trading Corporation 66 6.74% $12,266
    Truist 66 6.11% $7,423
    EMBRACE HOME LOANS, INC. 65 6.08% $14,924
    Ixonia Bank 63 6.65% $12,332
    LOANPAL, LLC 62 5.91% $14,709
    LAKEVIEW LOAN SERVICING, LLC 61 5.97% $13,297
    STOCKTON MORTGAGE CORPORATION 61 6.50% $10,053
    Citizens Bank 61 6.05% $10,985
    MORTGAGE ONE OF THE SOUTH, INC. 58 5.78% $7,348
    Centennial Bank 56 6.36% $12,159
    MICHIGAN MUTUAL, INC. 54 6.25% $12,204
    VANDERBILT MORTGAGE AND FINANCE, INC. 54 5.59% $4,016
    JPMorgan Chase Bank 53 6.11% $7,887
    ACADEMY MORTGAGE CORPORATION 52 6.78% $11,612
    TOWNE MORTGAGE COMPANY 52 6.49% $12,653
    SUCCESS MORTGAGE PARTNERS, INC. 51 6.68% $13,472
    VAN DYK MORTGAGE CORPORATION 48 6.67% $9,968
    South State Bank 47 6.14% $9,168
    DSLD MORTGAGE, LLC 47 5.96% $7,117
    WATSON MORTGAGE CORP. 46 6.21% $10,382
    American Mortgage & Equity Consultants, Inc. 45 6.49% $11,048
    Nations Lending Corporation 44 6.37% $15,480
    GENEVA FINANCIAL, LLC 44 6.60% $16,061
    BAY EQUITY LLC 43 6.35% $9,650
    PRIMARY RESIDENTIAL MORTGAGE, INC. 42 6.59% $12,839
    Sierra Pacific Mortgage Company, Inc. 41 6.15% $10,550
    FIDELITY BANK 41 6.43% $8,054
    EMM LOANS LLC 41 6.46% $14,598
    METROPLEX MORTGAGE SERVICES, INC. 38 6.72% $7,672
    GERSHMAN INVESTMENT CORP. 37 6.56% $10,352
    NETWORK CAPITAL FUNDING CORPORATION 36 6.16% $13,673
    BNC National Bank 36 5.47% $11,439
    Strong Home Mortgage, LLC 35 5.79% $12,101
    Trustmark National Bank 35 6.32% $7,709
    TBI MORTGAGE COMPANY 34 5.82% $15,014
    RESOURCE FINANCIAL SERVICES, INC. 33 6.36% $10,609
    Armed Forces Bank 33 6.08% $13,282
    Keystone Funding, Inc. 33 6.09% $11,539
    AMERICAN FINANCIAL RESOURCES, INC. 32 6.67% $9,021
    ACOPIA, LLC 31 6.40% $8,787
    Bell Bank 31 6.16% $8,402
    ENVOY MORTGAGE, LTD 31 6.47% $11,525
    RELIANCE FIRST CAPITAL, LLC 30 6.40% $12,112
    NEAL COMMUNITIES FUNDING, LLC 30 6.63% $9,923
    DAS Acquisition Company, LLC 29 6.51% $11,582
    LEADERONE FINANCIAL CORPORATION 29 6.51% $10,449
    BAYSHORE MORTGAGE FUNDING, LLC 29 6.75% $15,221
    Synovus Bank 28 6.33% $6,458
    NORTHPOINT MORTGAGE, INC. 28 6.13% $9,221
    First Horizon Bank 28 6.24% $14,081
    HOMEOWNERS FINANCIAL GROUP USA, LLC 27 6.56% $11,684
    First Heritage Mortgage, LLC 27 6.41% $18,632
    FIRST COMMUNITY MORTGAGE, INC. 27 6.37% $9,567
    CONTOUR MORTGAGE CORPORATION 26 6.45% $16,135
    VERITAS FUNDING, LLC 25 6.33% $23,273
    PREFERRED LENDING SERVICES, LLC 25 6.51% $8,749
    MORTGAGE 1 INCORPORATED 24 6.29% $9,044
    MILEND, INC. 24 6.82% $17,370
    PARK SQUARE HOME MORTGAGE, LLC 24 5.60% $6,724
    THRIVE MORTGAGE, LLC 24 6.75% $11,554
    FIRST EQUITY MORTGAGE INCORPORATED 24 5.75% $14,026
    OPEN MORTGAGE, LLC 23 6.28% $6,809
    VELOCIO MORTGAGE L.L.C. 23 5.51% $8,808
    TJC Mortgage, Inc. 23 6.48% $13,315
    CBM Mortgage, Inc. 23 6.03% $17,883
    NATIONS DIRECT MORTGAGE, LLC 22 6.52% $13,550
    HOMESTAR FINANCIAL CORPORATION 21 6.46% $11,814
    PREMIA MORTGAGE, LLC 21 5.77% $6,447
    ABSOLUTE HOME MORTGAGE CORPORATION 21 6.67% $12,605
    BankPlus 20 6.34% $12,550
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 20 6.02% $10,297
    Lakeview Community Capital, LLC 19 6.09% $12,216
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 19 6.52% $15,913
    FIRST MORTGAGE COMPANY, INC. 19 6.18% $11,210
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 19 6.51% $8,588
    DIRECT MORTGAGE LOANS, LLC 19 6.66% $12,647
    Northpointe Bank 18 5.88% $16,430
    NATIONWIDE MORTGAGE BANKERS, INC. 18 6.63% $15,291
    T2 FINANCIAL LLC 18 6.75% $10,589
    Presidential Bank, FSB 17 6.35% $10,090
    MY MORTGAGE, INC. 17 7.08% $12,497
    Cornerstone First Mortgage, Inc 17 6.91% $11,092
    CRESCENT MORTGAGE COMPANY 17 6.64% $5,316
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 17 6.37% $10,677
    MORTGAGEONE, INC. 17 7.17% $5,100
    LADERA LENDING, INC. 17 6.14% $15,291
    GSF Mortgage Corporation 17 6.49% $10,166
    United Community Bank 17 6.03% $12,593
    Gateway First Bank 17 6.69% $9,987
    LAND HOME FINANCIAL SERVICES, INC. 16 6.45% $10,859
    North American Savings Bank, F.S.B. 16 5.62% $11,106
    Fifth Third Bank 16 6.39% $5,016
    Renasant Bank 16 5.89% $7,292
    United Fidelity Funding Corp. 16 6.27% $13,655
    HomePromise Corporation 16 7.38% $10,757
    Hancock Whitney Bank 15 5.98% $11,056
    AMERICAN BANCSHARES MORTGAGE 15 6.63% $12,552
    Capital City Home Loans, LLC 15 6.53% $7,990
    PHH Mortgage Corporation 15 6.49% $11,671
    Towne Bank 15 6.13% $13,848
    GMFS LLC 15 5.98% $11,436
    AMCAP MORTGAGE, LTD. 15 6.93% $14,142
    CANOPY MORTGAGE, LLC 15 6.73% $12,666
    Magnolia Bank 14 6.21% $18,748
    Tyndall Federal Credit Union 14 6.64% $7,689
    OCMBC, INC. 14 6.85% $8,819
    The Central Trust Bank 14 5.50% $14,205
    ROSS MORTGAGE CORPORATION 13 6.75% $11,144
    Network Funding, L.P. 13 6.56% $13,128
    RESIDENTIAL BANCORP 13 6.15% $14,642
    AMERICAN FINANCING CORPORATION 13 6.38% $11,913
    TOP FLITE FINANCIAL, INC. 12 6.68% $19,996
    Summit Mortgage Corporation 12 6.55% $8,578
    Goldwater Bank, N.A. 12 7.08% $13,445
    MID AMERICA MORTGAGE, INC. 12 6.26% $19,465
    DRAPER AND KRAMER MORTGAGE CORP. 12 6.19% $9,708
    ZILLOW HOME LOANS, LLC 11 6.03% $10,304
    MORTGAGE EQUITY PARTNERS LLC 11 6.48% $21,032
    PNC Bank 11 6.60% $7,420
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 10 6.71% $8,860
    SECURITYNATIONAL MORTGAGE COMPANY 10 6.33% $15,701
    NP, Inc. 10 6.45% $13,225
    HOMESPIRE MORTGAGE CORPORATION 10 7.01% $9,258
    MORTGAGE FINANCIAL GROUP, INC. 10 6.49% $10,369
    CITY FIRST MORTGAGE SERVICES, L.L.C. 10 6.89% $12,193
    First Option Mortgage, LLC 10 7.26% $9,891
    GoPrime Mortgage, Inc. 10 6.20% $10,488
    LEGEND LENDING CORPORATION 10 6.31% $14,973
    NexBank 9 6.03% $14,466
    GARDNER FINANCIAL SERVICES, LTD. 9 7.01% $10,399
    Advisors Mortgage Group, L.L.C. 9 6.07% $7,424
    SOUTHWEST STAGE FUNDING, LLC 9 6.60% $3,028
    COMMUNITY CREDIT UNION OF FLORIDA 9 6.06% $7,905
    PREMIER MORTGAGE RESOURCES, L.L.C. 9 6.38% $10,741
    SeaTrust Mortgage Company 9 6.29% $10,423
    BAY CAPITAL MORTGAGE CORPORATION 9 6.40% $13,890
    VYSTAR 9 6.65% $8,186
    KELLER MORTGAGE, LLC 9 5.76% $13,859
    ALLIED MORTGAGE GROUP, INC. 8 6.66% $9,065
    Carrington Mortgage Services, LLC 8 6.09% $6,602
    EQUITY RESOURCES, INC. 8 6.72% $10,178
    FIRST HOME MORTGAGE CORPORATION 8 6.41% $18,522
    PACIFIC RESIDENTIAL MORTGAGE, LLC 8 6.52% $10,660
    SOUTHPOINT FINANCIAL SERVICES, INC. 8 6.80% $8,904
    Florida Capital Bank 8 6.30% $10,473
    Alcova Mortgage LLC 8 6.92% $11,693
    RUOFF MORTGAGE COMPANY, INC. 8 6.34% $10,796
    ON Q FINANCIAL, INC. 8 7.00% $11,886
    Meridian Bank Corporation 8 6.37% $8,576
    Community First National Bank 7 6.45% $5,454
    SOVEREIGN LENDING GROUP INCORPORATED 7 5.55% $15,809
    FIRST ALLIANCE HOME MORTGAGE, LLC 7 6.96% $38,003
    Paramount Bank 7 7.04% $9,451
    J. VIRGIL, INC. 7 6.54% $12,106
    HALLMARK HOME MORTGAGE, LLC 7 6.48% $9,864
    Atlantic Coast Mortgage, LLC 7 6.57% $8,782
    HOMETRUST MORTGAGE COMPANY 7 6.16% $6,630
    SOUTHERN TRUST MORTGAGE, LLC 6 5.96% $12,967
    ServisFirst Bank 6 6.44% $10,185
    PANORAMA MORTGAGE GROUP, LLC 6 6.69% $16,651
    First Savings Bank 6 5.71% $17,025
    NORWICH COMMERCIAL GROUP, INC. 6 6.48% $18,379
    City National Bank of Florida 6 6.65% $10,565
    TIDEWATER MORTGAGE SERVICES, INC. 6 6.54% $11,471
    MORIA DEVELOPMENT, INC. 6 6.83% $11,917
    Wolfe Financial, Inc 6 6.75% $19,940
    ROYAL UNITED MORTGAGE LLC 6 6.71% $23,410
    NJ LENDERS CORP. 6 4.88% $5,622
    FAIRWAY FUNDING GROUP, INC. 6 6.23% $12,027
    SUMMIT FUNDING, INC. 6 6.58% $12,017
    Franklin Loan Corporation 6 6.15% $22,525
    The Loan Store, Inc. 6 6.23% $16,040
    Farmers Bank & Trust 5 5.33% $7,248
    NBH Bank 5 6.35% $8,160
    FIRST EQUITY MORTGAGE BANKERS, INC. 5 6.58% $12,861
    US MORTGAGE CORPORATION 5 7.05% $16,787
    AmeriHome Mortgage Company, LLC 5 6.13% $8,000
    DELMAR FINANCIAL COMPANY 5 6.90% $6,078
    Town Square Mortgage & Investments, Inc. 5 6.68% $11,100
    Service Federal Credit Union 5 6.33% $4,057
    INTERCOASTAL MORTGAGE COMPANY 5 6.53% $12,624
    TOTAL MORTGAGE SERVICES, LLC 5 6.18% $15,454
    Total Media Management, LLC 5 6.25% $11,224
    POINT Mortgage 5 6.73% $14,561
    HOMESTEAD FUNDING CORP. 5 5.80% $11,170
    AXIA FINANCIAL, LLC 5 5.92% $11,800
    Residential Mortgage Solutions, Inc. 5 7.15% $14,064
    CORNERSTONE HOME LENDING, INC. 5 7.05% $9,456
    Seacoast National Bank 5 7.00% $9,841
    Midwest Mortgage Associates Corporation 5 7.23% $8,344
    Bank of America 5 6.63% $8,871
    Premium Mortgage Corporation 5 6.20% $10,921
    M&T Bank 5 6.35% $9,084
    Commerce Home Mortgage, Inc. 4 6.34% $9,808
    1ST SIGNATURE LENDING, LLC 4 7.16% $12,118
    American Security Mortgage Corp. 4 5.81% $15,945
    LAKE MICHIGAN CREDIT UNION 4 6.06% $8,483
    LENOX FINANCIAL MORTGAGE CORPORATION 4 5.97% $10,909
    THE EQUITABLE MORTGAGE CORPORATION 4 5.97% $8,188
    Wyndham Capital Mortgage, Inc. 4 5.59% $4,499
    MORTGAGE INVESTORS GROUP, INC. 4 6.59% $24,147
    FIRST CENTENNIAL MORTGAGE CORPORATION 4 6.63% $8,269
    FEDERATED MORTGAGE CORP. 4 6.28% $10,005
    NATIONS RELIABLE LENDING, LLC 4 6.41% $11,333
    V.I.P. MORTGAGE, INC. 4 6.03% $16,850
    INTELLILOAN, INC. 4 6.38% $17,091
    INTERCAP LENDING INC. 4 6.97% $3,014
    NOVA FINANCIAL & INVESTMENT CORPORATION 4 6.28% $9,625
    SHELTER MORTGAGE COMPANY, L.L.C. 4 6.06% $10,345
    Pacific Lending LLC 4 6.97% $17,850
    RADIUS FINANCIAL GROUP INC. 3 6.12% $10,281
    EUSTIS AND AMERICAN MORTGAGE COMPANY 3 6.75% $12,313
    JMAC LENDING, INC. 3 6.54% $7,110
    The Huntington National Bank 3 6.79% $14,692
    ENDEAVOR CAPITAL, LLC. 3 6.54% $7,328
    Capital Bank 3 6.17% $14,161
    NEW FED MORTGAGE, CORP. 3 6.17% $12,876
    Hometown Equity Mortgage, LLC 3 6.38% $34,367
    THE MORTGAGE WAREHOUSE,LLC 3 6.67% $9,007
    Shamrock Home Loans, Inc. 3 6.00% $3,927
    BancorpSouth 3 6.33% $8,368
    First State Bank of St. Charles, Missouri 3 6.33% $9,069
    Gulf Coast Bank and Trust Company 3 6.38% $20,931
    DHA FINANCIAL, LLC 3 6.54% $6,427
    Victorian Finance, LLC 3 6.50% $16,906
    SmartBank 3 5.92% $9,659
    First United Bank and Trust Company 3 6.71% $7,938
    SFMC, LP 3 6.96% $16,526
    Lend Smart Mortgage, LLC 3 6.13% $8,925
    CASTLE & COOKE MORTGAGE, LLC 3 5.75% $22,358
    First Western Trust Bank 3 5.96% $7,880
    Pen Air Federal Credit Union 3 6.04% $6,141
    FLAT BRANCH MORTGAGE, INC. 3 7.13% $8,362
    SHELTER HOME MORTGAGE, LLC 3 6.18% $14,990
    Union Savings Bank 3 6.21% $2,536
    ONY GLO, INC. 3 6.54% $8,796
    Shea Mortgage Inc. 3 5.88% $4,828
    Credence Funding Corporation 3 5.79% $8,221
    GUARANTY HOME MORTGAGE CORPORATION 3 6.54% $10,048
    FirstBank 3 6.58% $12,036
    Integrity Home Mortgage Corp 3 6.79% $17,783
    RESIDENTIAL HOME FUNDING CORP. 3 5.50% $11,345
    FIRST COLONY MORTGAGE CORPORATION 3 6.75% $12,303
    BOKF 3 6.13% $10,493
    Sunflower Bank 3 5.91% $17,135
    HOME FINANCING CENTER, INC. 2 7.63% $20,104
    GVC MORTGAGE, INC. 2 6.63% $9,758
    GTE Federal Credit Union 2 6.44% $18,168
    KEESLER 2 5.19% $11,017
    LENDING 3, INC. 2 7.00% $17,956
    LIBERTY HOME MORTGAGE CORPORATION 2 6.38% $22,239
    LOANFLIGHT LENDING, LLC 2 6.13% $11,585
    MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 2 5.94% $13,993
    MID-ISLAND MORTGAGE CORP. 2 5.94% $9,640
    MORTGAGE ACCESS CORP. 2 6.69% $20,478
    First Federal Bank, A FSB 2 5.63% $7,561
    FIDELITY DIRECT MORTGAGE, LLC 2 6.38% $10,960
    FAIR WAY LENDING LLC 2 6.25% $9,245
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 6.75% $16,974
    Neighborhood Loans, Inc. 2 6.88% $20,246
    East Coast Capital Corp. 2 7.25% $11,727
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 7.00% $13,089
    DG PINNACLE FUNDING LLC 2 6.19% $7,322
    DEVELOPER'S MORTGAGE COMPANY 2 6.13% $17,748
    Core Bank 2 6.44% $8,594
    COMMUNITY MORTGAGE CORPORATION 2 6.25% $9,205
    POLARIS HOME FUNDING CORP. 2 6.56% $21,486
    Community Bank of Mississippi 2 7.19% $7,335
    CityWorth Mortgage LLC 2 6.19% $11,683
    Citibank 2 6.13% $18,481
    CERTAINTY HOME LOANS, LLC 2 5.56% $2,363
    Sandy Spring Bank 2 5.75% $13,454
    SIRVA MORTGAGE, INC. 2 6.00% $20,828
    CALCON MUTUAL MORTGAGE LLC 2 7.00% $16,409
    SPACE COAST Credit Union 2 6.13% $5,490
    Blue Ridge Bank 2 6.13% $6,544
    BANKSOUTH MORTGAGE COMPANY, LLC 2 5.88% $9,712
    TD Bank 2 6.69% $3,724
    BANKING MORTGAGE SERVICES, B.M.S. CORP. 2 6.81% $22,881
    Assurance Financial Group, L.L.C. 2 5.75% $12,241
    AMERICAN FEDERAL MORTGAGE CORPORATION 2 6.69% $11,035
    Valley National Bank 2 6.56% $3,246
    Advance Financial Group, LLC 2 6.50% $12,163
    Watermark Capital, Inc. 2 6.25% $14,072
    Western Ohio Mortgage Corporation 2 6.75% $9,990
    Preston Home Loans Inc 1 6.63% $14,553
    1ST FINANCIAL, INC. 1 7.50% $4,374
    COMMUNITY MORTGAGE, LLC 1 5.75% $14,999
    COMPASS MORTGAGE, INC. 1 6.50% $6,485
    Pinnacle Bank 1 6.25% $5,346
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.25% $5,977
    CUSTOMER SERVICE MORTGAGE CORPORATION 1 6.63% $14,294
    DATA MORTGAGE, INC. 1 6.00% $4,597
    Old National Bank 1 6.99% $4,520
    OCEANSIDE MORTGAGE COMPANY 1 6.13% $11,184
    NTFN, INC. 1 6.75% $9,469
    Simmons Bank 1 6.50% $4,023
    WRIGHT-PATT CREDIT UNION, INC. 1 6.63% $1,136
    Northwest Federal Credit Union 1 6.25% $5,753
    NORTHERN MORTGAGE SERVICES, LLC 1 6.00% $4,854
    Southern First Bank 1 6.25% $16,700
    Elements Financial Federal Credit Union 1 6.50% $28,948
    Encompass Lending Group, LP 1 6.25% $16,241
    Evolve Bank & Trust 1 6.00% $8,643
    INTEGRITY MORTGAGE LLC 1 7.25% $2,834
    NASA Federal Credit Union 1 6.13% $11,358
    Firstar Bank 1 5.88% $6,858
    HOMEXPRESS MORTGAGE CORP. 1 5.63% $14,032
    STAUNTON FINANCIAL, INC. 1 6.13% $5,133
    Stifel Bank and Trust 1 5.63% $5,857
    Cache Valley Bank 1 5.63% $15,920
    Stride Bank 1 6.00% $15,578
    BRIGHTSTAR 1 6.63% $4,668
    MORTGAGE MANAGEMENT CONSULTANTS, INC. 1 6.25% $650
    MORTGAGE FINANCIAL SERVICES, LLC 1 7.25% $14,169
    BM Real Estate Services, Inc. 1 7.13% $33,072
    First Federal Bank of Kansas City 1 5.75% $15,193
    Heartland Bank 1 6.50% $20,537
    MLD MORTGAGE INC. 1 6.00% $13,738
    Acre Mortgage and Financial Inc 1 6.50% $19,968
    Bank of Springfield 1 6.63% $5,536
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 5.75% $10,177
    Academy Bank 1 6.75% $24,444
    The Camden National Bank 1 6.25% $10,149
    Bank of Colorado 1 5.50% $12,228
    MJW Financial LLC 1 7.75% $14,885
    First Liberty Bank 1 5.75% $4,601
    The Freedom Bank of Virginia 1 5.25% $16,604
    Mid Penn Bank 1 6.38% $32,423
    First Merchants Bank 1 6.25% $5,321
    THE MONEY HOUSE INC. 1 7.13% $9,587
    HANSCOM 1 6.50% $3,254
    THE MORTGAGE LINK, INC. 1 6.88% $26,105
    First National Bank 1 7.63% $19,849
    The Union Bank Company 1 5.50% $10,172
    First National Bank of Pennsylvania 1 6.63% $20,163
    Tidewater Home Funding, LLC 1 5.25% $10,406
    MEMBER FIRST MORTGAGE, LLC 1 6.00% $12,089
    MEGASTAR FINANCIAL CORP. 1 6.75% $10,490
    MASON MCDUFFIE MORTGAGE CORPORATION 1 7.00% $13,338
    MANN FINANCIAL INC. 1 5.63% $7,073
    First State Bank 1 7.50% $10,299
    TOWN AND COUNTRY Credit Union 1 5.99% $5,045
    HARTFORD FUNDING, LTD. 1 5.63% $14,138
    Arvest Bank 1 6.50% $2,384
    Towne Mortgage, LLC 1 6.00% $15,359
    Leader Bank 1 5.75% $4,254
    ARC HOME LLC 1 5.00% $9,599
    AmRes Corporation 1 5.99% $8,414
    AMERITRUST MORTGAGE CORPORATION 1 6.00% $13,843
    UNION CAPITAL MORTGAGE CORPORATION 1 6.63% $26,507
    Flanagan State Bank 1 6.63% $4,301
    George Mason Mortgage, LLC 1 7.00% $9,079
    KeyBank 1 6.75% $7,326
    GREENTREE MORTGAGE COMPANY, L.P. 1 6.88% $6,900
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 6.75% $14,501
    AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 7.00% $7,039
    UNIVERSAL LENDING CORPORATION 1 6.00% $19,060
    AMERICAN INTERNET MORTGAGE, INC. 1 5.00% $13,019
    Willamette Valley Bank 1 6.25% $10,368
    JMJ FINANCIAL GROUP 1 6.00% $16,773
    GREENWAY MORTGAGE FUNDING CORP. 1 7.38% $11,727
    HARBORONE MORTGAGE, LLC 1 5.50% $20,533
    Alliance Credit Union 1 6.63% $6,946
    JET DIRECT FUNDING CORP 1 6.13% $49,184
    Vellum Mortgage, Inc. 1 7.63% $13,698
    RAPID MORTGAGE COMPANY 1 7.63% $7,089
    READY MORTGAGE LENDERS, LLC 1 7.25% $6,195
    AIR ACADEMY 1 5.50% $5,576
    CIBM Bank 1 5.75% $11,103
    Chickasaw Community Bank 1 6.75% $8,493
    Republic Bank & Trust Company 1 6.13% $7,563
    CHERRY CREEK MORTGAGE, LLC 1 7.13% $11,010
    RAILROAD & INDUSTRIAL 1 6.63% $20,797
    RESIDENTIAL HOME MORTGAGE CORPORATION 1 5.50% $15,065
    Prosperity Bank 1 6.13% $10,595
    ISERVE RESIDENTIAL LENDING, LLC 1 7.25% $10,904
    CB&S Bank, Inc. 1 5.13% $31,981
    Princeton Mortgage Corporation 1 7.25% $7,842
    CLIFFCO, INC. 1 6.99% $9,797
    S1L, Inc. 1 6.75% $11,565
    INTERSTATE HOME LOAN CENTER, INC. 1 6.13% $11,239

    The top Florida VA lender as defined by loan originations is Mortgage Research Center, LLC, with 4,275 VA loans originated. Their average total fees are $8,667, which is $1,822 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Florida VA lenders (with over 10 loans originated) are VANDERBILT MORTGAGE AND FINANCE, INC. ($4,016), Fifth Third Bank ($5,016), MORTGAGEONE, INC. ($5,100), CRESCENT MORTGAGE COMPANY ($5,316) and HOMEAMERICAN MORTGAGE CORPORATION ($6,442).

    The lowest rate Florida VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.40%), EAGLE HOME MORTGAGE, LLC (5.46%), BNC National Bank (5.47%), NVR Mortgage Finance, Inc. (5.49%) and The Central Trust Bank (5.50%).

    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.