Georgia VA Loan Rates, Closing Costs & Stats

Georgia

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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.

    Georgia VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Georgia averaged 6.44% for the week of 2023-05-26, compared to the national average (all VA variants) of 6.408% for the same period.

    Georgia's average VA mortgage closing costs are $5,745.

    The average rate for the prior week (2023-05-19) was 5.96% and one month ago for the week of 2023-04-21, the average rate was 5.88%.

    The average rate one year ago was 4.95%.

    For refis of the same type during the week of 2023-05-26, the average rate was 5.27%.

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

    Georgia 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 Georgia level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Mortgage Research Center, LLC 4,738 5.07% $7,240
    QUICKEN LOANS, LLC 2,330 4.21% $10,516
    NAVY FEDERAL CREDIT UNION 1,570 3.95% $6,492
    UNITED WHOLESALE MORTGAGE, LLC 1,550 4.52% $9,001
    FREEDOM MORTGAGE CORPORATION 1,199 4.28% $10,766
    PENNYMAC LOAN SERVICES, LLC 1,052 3.55% $9,282
    BROKER SOLUTIONS, INC. 803 4.87% $9,588
    USAA Federal Savings Bank 729 4.46% $7,798
    NEW DAY FINANCIAL, LLC 675 5.15% $10,584
    LOANDEPOT.COM, LLC 670 4.17% $10,080
    HOMESTAR FINANCIAL CORPORATION 582 4.83% $9,646
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 513 4.83% $8,583
    DHI MORTGAGE COMPANY, LTD. 508 4.12% $8,890
    Mr. Cooper ( Nationstar Mortgage ) 385 4.76% $9,417
    Ameris Bank 376 4.61% $10,590
    GUARANTEED RATE, INC. 369 4.66% $6,874
    The Federal Savings Bank 352 4.66% $14,948
    BANKSOUTH MORTGAGE COMPANY, LLC 347 4.39% $10,000
    MOVEMENT MORTGAGE, LLC 337 5.00% $8,372
    MORTGAGE SOLUTIONS OF COLORADO, LLC 325 5.55% $8,817
    VANDERBILT MORTGAGE AND FINANCE, INC. 308 4.63% $8,083
    GUILD MORTGAGE COMPANY 248 4.85% $10,017
    AMERISAVE MORTGAGE CORPORATION 248 4.31% $12,858
    CROSSCOUNTRY MORTGAGE, LLC 239 5.23% $10,478
    Flagstar Bank, FSB 238 4.80% $8,872
    PENTAGON FEDERAL CREDIT UNION 237 3.49% $6,752
    HOMEBRIDGE FINANCIAL SERVICES, INC. 228 4.71% $9,231
    CARDINAL FINANCIAL 217 5.02% $12,472
    HOME POINT FINANCIAL CORPORATION 208 4.37% $10,086
    CALIBER HOME LOANS, INC. 204 4.61% $10,198
    VILLAGE CAPITAL MORTGAGE 200 4.25% $10,021
    EVERETT FINANCIAL, INC. 186 5.21% $6,746
    Colony Bank 179 4.50% $7,066
    Barrington Bank & Trust Company, N.A. 163 4.76% $8,608
    NEWREZ LLC 163 4.31% $8,671
    Carrington Mortgage Services, LLC 161 4.61% $9,056
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 160 5.08% $10,478
    Wells Fargo Bank 158 4.11% $6,186
    CERTAINTY HOME LOANS, LLC 156 4.71% $8,389
    CLEARPATH LENDING 151 3.97% $11,792
    Prosperity Home Mortgage, LLC 144 4.68% $9,411
    SWBC MORTGAGE CORPORATION 144 5.07% $7,944
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 139 4.88% $8,781
    NBKC BANK 126 4.45% $7,886
    CMG MORTGAGE, INC. 125 4.62% $9,823
    Equity Prime Mortgage LLC 120 5.26% $8,989
    Mid-Continent Funding, Inc. 111 4.58% $9,336
    PLANET HOME LENDING, LLC 109 4.09% $7,353
    Magnolia Bank 109 4.57% $12,218
    LAKEVIEW LOAN SERVICING, LLC 105 3.65% $6,560
    Queensborough National Bank & Trust Company 102 4.47% $9,645
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 99 4.60% $8,018
    Synovus Bank 98 4.64% $9,276
    Renasant Bank 94 4.79% $8,303
    MUTUAL OF OMAHA MORTGAGE, INC. 92 4.52% $10,873
    ANGEL OAK HOME LOANS LLC 89 4.65% $7,645
    South State Bank 88 4.45% $11,530
    Paramount Residential Mortgage Group, Inc. 87 4.96% $10,768
    GUARANTEED RATE AFFINITY, LLC 84 4.86% $8,605
    PRIMELENDING, A PLAINSCAPITAL COMPANY 82 4.81% $7,214
    HOMEOWNERS FINANCIAL GROUP USA, LLC 78 4.88% $10,911
    INSPIRE HOME LOANS INC. 75 5.19% $8,960
    MILEND, INC. 73 5.19% $13,426
    Century Mortgage Company DBA Century Lending Company 73 4.87% $8,861
    Low VA Rates, LLC 71 4.43% $16,672
    Truist 69 4.19% $6,182
    SECURITYNATIONAL MORTGAGE COMPANY 65 4.77% $10,037
    First Federal Bank 64 4.20% $8,942
    STOCKTON MORTGAGE CORPORATION 64 4.66% $10,313
    North American Savings Bank, F.S.B. 62 4.22% $8,542
    Lakeview Community Capital, LLC 62 3.62% $4,780
    DAS Acquisition Company, LLC 61 5.17% $8,004
    AMERICAN PACIFIC MORTGAGE CORPORATION 60 5.14% $10,153
    PULTE MORTGAGE LLC 57 4.71% $8,928
    Capital City Home Loans, LLC 56 4.74% $10,374
    ENVOY MORTGAGE, LTD 55 5.04% $9,536
    Nations Lending Corporation 54 5.21% $13,105
    CONTOUR MORTGAGE CORPORATION 53 5.03% $12,251
    AUGUSTA MORTGAGE CO. 51 4.59% $11,793
    BAY EQUITY LLC 50 4.80% $11,044
    TJC Mortgage, Inc. 49 4.27% $11,003
    Plains Commerce Bank 48 4.89% $9,639
    ACOPIA, LLC 48 4.96% $7,653
    EAGLE HOME MORTGAGE, LLC 47 4.71% $6,549
    Bank of England 47 4.62% $11,237
    Northpointe Bank 43 4.81% $8,829
    Regions Bank 42 4.77% $9,265
    LOANPAL, LLC 42 4.26% $12,910
    FIRST COMMUNITY MORTGAGE, INC. 40 4.92% $8,684
    Armed Forces Bank 40 4.11% $8,971
    AMERICAN FINANCING CORPORATION 39 4.13% $9,120
    VAN DYK MORTGAGE CORPORATION 39 4.90% $6,318
    THE MORTGAGE FIRM, INC. 35 4.59% $11,226
    Texana Bank 34 4.09% $11,479
    NATIONS DIRECT MORTGAGE, LLC 34 4.66% $10,138
    Wyndham Capital Mortgage, Inc. 33 4.21% $7,933
    TOWNE MORTGAGE COMPANY 33 4.35% $9,922
    SOUTHPOINT FINANCIAL SERVICES, INC. 33 5.19% $10,342
    The Central Trust Bank 31 3.90% $9,833
    NFM, INC. 29 5.66% $8,869
    RELIANCE FIRST CAPITAL, LLC 28 4.81% $9,310
    HOMESIDE FINANCIAL, LLC 28 3.94% $9,845
    INTERLINC MORTGAGE SERVICES, LLC 27 4.64% $7,789
    CALCON MUTUAL MORTGAGE LLC 26 5.90% $8,827
    DIRECT LENDERS, LLC 26 4.81% $6,934
    FBC MORTGAGE, LLC 25 5.40% $5,822
    Citizens Bank 25 4.58% $9,682
    FIRST CHOICE MORTGAGE, INC. 24 4.54% $10,693
    FirstBank 24 4.61% $7,924
    SUCCESS MORTGAGE PARTNERS, INC. 22 4.78% $11,345
    OCMBC, INC. 22 5.53% $8,503
    FINANCE OF AMERICA MORTGAGE LLC 22 4.28% $5,020
    First Option Mortgage, LLC 22 4.91% $9,141
    ROBINS FINANCIAL 21 4.93% $6,808
    Credence Funding Corporation 21 3.36% $5,715
    MORTGAGE INVESTORS GROUP, INC. 20 4.49% $7,864
    VICTORY MORTGAGE, L.L.C. 20 4.42% $11,215
    First Guaranty Mortgage Corporation 20 3.66% $6,520
    GUARANTY HOME MORTGAGE CORPORATION 20 4.99% $8,832
    M&T Bank 20 4.24% $6,982
    BNC National Bank 19 3.88% $8,570
    GENEVA FINANCIAL, LLC 18 5.49% $11,955
    UNION HOME MORTGAGE CORP. 18 4.32% $9,139
    U.S. Bank 17 3.66% $7,852
    SOVEREIGN LENDING GROUP INCORPORATED 17 4.60% $11,395
    EMM LOANS LLC 17 4.90% $10,766
    PRIMARY RESIDENTIAL MORTGAGE, INC. 17 4.70% $8,672
    THRIVE MORTGAGE, LLC 17 6.23% $8,095
    JPMorgan Chase Bank 17 4.65% $6,662
    Gateway First Bank 16 5.41% $9,452
    T2 FINANCIAL LLC 16 5.16% $12,838
    ZILLOW HOME LOANS, LLC 16 4.21% $9,968
    South Pacific Financial Corporation 16 4.33% $12,672
    JET HOMELOANS, LLC 16 5.00% $9,737
    CHURCHILL MORTGAGE CORPORATION 15 4.80% $8,989
    LEADERONE FINANCIAL CORPORATION 15 4.68% $12,009
    RADIUS FINANCIAL GROUP INC. 14 4.91% $10,522
    HOMESPIRE MORTGAGE CORPORATION 14 4.56% $15,128
    SHELTER HOME MORTGAGE, LLC 14 4.98% $11,213
    United Community Bank 14 4.51% $6,006
    ACADEMY MORTGAGE CORPORATION 13 5.00% $9,765
    Alcova Mortgage LLC 13 4.74% $5,419
    SUMMIT FUNDING, INC. 13 5.26% $10,700
    PANORAMA MORTGAGE GROUP, LLC 12 5.44% $10,185
    CityWorth Mortgage LLC 12 4.21% $11,634
    DRAPER AND KRAMER MORTGAGE CORP. 11 3.77% $13,107
    GMFS LLC 11 4.34% $10,633
    NP, Inc. 11 2.77% $6,998
    OPEN MORTGAGE, LLC 11 4.89% $8,769
    GUARANTY MORTGAGE SERVICES, L.L.C. 11 5.40% $12,505
    Fifth Third Bank 11 3.82% $4,665
    PNC Bank 11 4.19% $5,476
    CRESCENT MORTGAGE COMPANY 11 3.97% $6,432
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 11 4.85% $8,653
    ON Q FINANCIAL, INC. 10 4.51% $6,032
    MID AMERICA MORTGAGE, INC. 10 4.99% $4,518
    Goldwater Bank, N.A. 10 4.79% $11,787
    US MORTGAGE CORPORATION 10 4.80% $14,788
    EMBRACE HOME LOANS, INC. 10 4.86% $8,466
    PREMIA MORTGAGE, LLC 10 4.71% $11,915
    1ST SIGNATURE LENDING, LLC 9 4.56% $9,614
    RESIDENTIAL BANCORP. 9 3.98% $6,968
    United Bank 9 3.93% $7,469
    Sunflower Bank 9 4.09% $10,864
    INTERCOASTAL MORTGAGE COMPANY 9 5.04% $7,758
    Paramount Bank 9 4.71% $8,408
    First Mortgage Solutions, LLC 9 3.21% $12,391
    NATIONWIDE MORTGAGE BANKERS, INC. 9 5.65% $12,528
    LIBERTY HOME MORTGAGE CORPORATION 8 5.06% $10,710
    FLAT BRANCH MORTGAGE, INC. 8 5.06% $7,208
    HomePromise Corporation 8 5.63% $13,764
    MEMBER FIRST MORTGAGE, LLC 8 4.70% $7,931
    NBH Bank 8 5.39% $7,522
    RAPID MORTGAGE COMPANY 8 4.66% $17,386
    RUOFF MORTGAGE COMPANY, INC. 8 5.08% $6,923
    TOP FLITE FINANCIAL, INC. 7 5.61% $16,336
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 7 5.45% $7,627
    Bank of America 7 4.61% $7,580
    LAND HOME FINANCIAL SERVICES, INC. 7 5.34% $9,418
    ROYAL UNITED MORTGAGE LLC 7 5.64% $11,181
    Assurance Financial Group, L.L.C. 7 4.61% $7,098
    Amerifirst Financial, Inc. 6 4.77% $13,532
    KELLER MORTGAGE, LLC 6 5.15% $8,959
    SRP Federal Credit Union 6 4.63% $6,714
    Sierra Pacific Mortgage Company, Inc. 6 3.98% $6,048
    Trustmark National Bank 6 5.38% $7,219
    NexBank 6 4.25% $6,541
    AMERICAN FINANCIAL RESOURCES, INC. 6 4.38% $5,278
    First Federal Bank of Kansas City 6 3.52% $6,006
    AMERIFIRST FINANCIAL CORPORATION 6 5.85% $10,240
    PLAZA HOME MORTGAGE, INC. 6 4.52% $12,235
    MORTGAGEONE, INC. 6 5.48% $6,594
    Acre Mortgage and Financial Inc 6 5.77% $22,108
    First Savings Bank 5 4.73% $15,295
    First Heritage Mortgage, LLC 5 5.08% $11,315
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 5 4.43% $6,354
    Community First National Bank 5 4.63% $9,321
    Towne Bank 5 4.63% $10,793
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 5 6.03% $12,596
    PHH Mortgage Corporation 5 5.38% $9,199
    Service Federal Credit Union 5 4.40% $8,302
    SOUTHWEST STAGE FUNDING, LLC 5 4.95% $3,028
    Security Federal Bank 4 4.53% $6,829
    SANCTUARY HOME MORTGAGE LLC 4 4.44% $6,239
    Prime Choice Funding Inc. 4 2.78% $6,857
    V.I.P. MORTGAGE, INC. 4 5.03% $10,798
    CREDIT UNION FINANCIAL SERVICES, LLC 4 4.87% $7,660
    LOANFLIGHT LENDING, LLC 4 3.12% $5,998
    JMJ FINANCIAL GROUP 4 3.69% $10,037
    COMMUNITY MORTGAGE CORPORATION 4 5.09% $8,780
    UNIVERSITY LENDING GROUP, LLC 4 4.88% $11,946
    Mortgage Network, Inc. 4 5.38% $14,328
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 5.78% $14,750
    AmeriHome Mortgage Company, LLC 4 5.94% $11,272
    GSF Mortgage Corporation 4 5.56% $6,081
    Ixonia Bank 4 5.06% $7,795
    George Mason Mortgage, LLC 4 4.31% $8,423
    BancorpSouth Bank 4 6.09% $8,817
    MICHIGAN MUTUAL, INC. 4 5.03% $6,203
    BELEM SERVICING LLC 4 3.88% $9,021
    First Internet Bank of Indiana 4 4.41% $3,418
    First Community Bank 4 4.94% $8,091
    Evolve Bank & Trust 4 6.03% $4,281
    POLARIS HOME FUNDING CORP. 4 6.28% $15,090
    PREMIER LENDING, INC. 4 4.34% $6,627
    GERSHMAN INVESTMENT CORP. 3 5.08% $6,453
    BAY CAPITAL MORTGAGE CORPORATION 3 4.25% $10,157
    BAYSHORE MORTGAGE FUNDING, LLC 3 5.75% $14,035
    BECKAM FUNDING CORP. 3 5.29% $8,330
    Platinum Home Mortgage Corporation 3 5.04% $9,131
    Blue Ridge Bank 3 5.58% $12,545
    GoPrime Mortgage, Inc. 3 5.41% $5,422
    VYSTAR 3 4.83% $5,806
    First Horizon Bank 3 4.25% $11,739
    Capital Bank 3 3.42% $7,422
    Union Savings Bank 3 4.67% $13,817
    First Home Bank 3 4.21% $12,979
    HANCOCK MORTGAGE PARTNERS, LLC 3 5.50% $9,452
    AMERICAN INTERNET MORTGAGE, INC. 3 4.33% $11,787
    SIRVA MORTGAGE, INC. 3 4.25% $6,638
    Peoples Bank 3 5.33% $14,966
    RESIDENTIAL HOME FUNDING CORP. 3 5.00% $12,552
    Residential Mortgage Solutions, Inc. 3 4.50% $11,132
    Pinnacle Bank 3 4.00% $11,004
    Meridian Bank Corporation 3 4.75% $10,834
    LENOX FINANCIAL MORTGAGE CORPORATION 3 4.83% $8,957
    Florida Capital Bank 3 4.96% $15,252
    Wolfe Financial, Inc 3 6.54% $12,732
    Austin Capital Bank SSB 3 4.25% $12,611
    Princeton Mortgage Corporation 3 4.50% $6,940
    NATIONS RELIABLE LENDING, LLC 3 5.29% $2,447
    Shamrock Home Loans, Inc. 3 4.08% $14,371
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 2 3.38% $19,202
    ISERVE RESIDENTIAL LENDING, LLC 2 3.56% $18,359
    INTERCAP LENDING INC. 2 5.00% $10,167
    MCLEAN MORTGAGE CORPORATION 2 5.44% $8,510
    MEGASTAR FINANCIAL CORP. 2 6.19% $8,020
    Willamette Valley Bank 2 5.50% $8,201
    MIDLAND MORTGAGE CORPORATION 2 4.31% $3,315
    Hometown Equity Mortgage, LLC 2 6.38% $12,910
    MORTGAGE ACCESS CORP. 2 5.19% $13,309
    MY MORTGAGE, INC. 2 5.81% $11,877
    Neighborhood Loans, Inc. 2 3.69% $4,286
    Network Funding, L.P. 2 4.94% $9,801
    First National Bank Texas 2 6.12% $7,656
    Presidential Bank, FSB 2 4.94% $10,044
    DEVELOPER'S MORTGAGE COMPANY 2 4.75% $9,503
    DATA MORTGAGE, INC. 2 5.56% $8,935
    Advisors Mortgage Group, L.L.C. 2 4.06% $5,623
    Cornerstone First Mortgage, Inc 2 5.00% $6,803
    S1L, Inc. 2 3.19% $4,906
    Commerce Home Mortgage, Inc. 2 2.75% $6,302
    Citibank 2 5.44% $14,333
    STEARNS LENDING, LLC 2 2.69% $10,513
    CANOPY MORTGAGE, LLC 2 5.13% $1,890
    TBI MORTGAGE COMPANY 2 4.38% $3,827
    1ST PREFERENCE MORTGAGE CORP. 2 4.75% $9,707
    The Huntington National Bank 2 4.63% $3,528
    AXIA FINANCIAL, LLC 2 6.63% $9,467
    Atlantic Union Bank 2 5.00% $20,709
    Arvest Bank 2 6.25% $3,921
    United Fidelity Funding Corp. 2 5.44% $11,349
    American Security Mortgage Corp. 2 4.69% $6,483
    AMERICAN ADVISORS GROUP 2 5.44% $3,921
    Watermark Capital, Inc. 2 3.19% $11,080
    Waterstone Mortgage Corporation 2 4.25% $11,208
    PIKE CREEK MORTGAGE SERVICES, INC. 1 5.25% $13,464
    First Federal Bank, A FSB 1 4.75% $3,833
    Vellum Mortgage, Inc. 1 2.75% $8,009
    Christensen Financial, Inc. 1 3.63% $4,763
    Centennial Bank 1 4.13% $3,750
    CASTLE & COOKE MORTGAGE, LLC 1 5.50% $12,017
    FIRST HOME MORTGAGE CORPORATION 1 4.00% $2,623
    OVM FINANCIAL, INC. 1 4.25% $3,630
    ONE NEVADA CREDIT UNION 1 5.50% $6,821
    Victorian Finance, LLC 1 4.88% $5,140
    Stifel Bank and Trust 1 4.50% $5,326
    MDE Home Loans, LLC 1 6.13% $6,693
    BRIDGELOCK CAPITAL 1 2.99% $12,207
    BOKF 1 6.25% $3,577
    Old National Bank 1 2.75% $996
    FIRST MORTGAGE COMPANY, INC. 1 6.13% $4,806
    OCEANSIDE MORTGAGE COMPANY 1 5.50% $7,012
    OAKTREE FUNDING CORP. 1 4.50% $10,723
    ALLIED MORTGAGE GROUP, INC. 1 6.63% $9,883
    NVR Mortgage Finance, Inc. 1 4.25% $26,971
    The Camden National Bank 1 3.50% $4,129
    MID-ISLAND MORTGAGE CORP. 1 5.25% $14,746
    NTFN, INC. 1 6.75% $2,086
    INB 1 4.75% $22,983
    First State Bank of St. Charles, Missouri 1 6.25% $14,050
    The Union Bank Company 1 5.38% $24,096
    LOANLEADERS OF AMERICA, INC. 1 4.50% $12,737
    TIDEWATER MORTGAGE SERVICES, INC. 1 6.25% $14,267
    First United Bank and Trust Company 1 7.13% $8,890
    F&M Bank 1 4.75% $29,220
    Franklin Loan Corporation 1 5.13% $27,429
    JMAC LENDING, INC. 1 6.13% $7,642
    Trinity Oaks Mortgage, LLC 1 5.75% $7,894
    Atlantic Coast Mortgage, LLC 1 4.75% $4,844
    GEO-CORP, INC. 1 4.63% $10,681
    Great Plains National Bank 1 6.50% $3,823
    Mutual Federal Bank 1 3.75% $3,356
    WATSON MORTGAGE CORP. 1 5.25% $8,851
    HAMILTON HOME LOANS, INC. 1 3.25% $15,291
    ALAMEDA MORTGAGE CORPORATION 1 3.88% $7,798
    UNITED SECURITY FINANCIAL CORP 1 2.88% $9,257
    Hancock Whitney Bank 1 4.75% $6,152
    University Bank 1 6.13% $10,436
    HOMESTEAD FUNDING CORP. 1 4.75% $20,380
    Univest Bank and Trust Co. 1 3.00% $13,762
    MORTGAGE FINANCIAL GROUP, INC. 1 5.13% $11,870
    INTELLILOAN, INC. 1 4.75% $11,800
    MORTGAGE EQUITY PARTNERS LLC 1 5.75% $7,840
    Core Bank 1 4.25% $17,228
    COUNTRYPLACE MORTGAGE, LTD. 1 6.25% $8,262
    Red River Bank 1 5.25% $5,750
    RESOURCE FINANCIAL SERVICES, INC. 1 3.13% $8,133
    RiverHills Bank 1 4.50% $4,357
    Countybank 1 3.25% $3,305
    DELMAR FINANCIAL COMPANY 1 5.63% $1,668
    Progress Bank and Trust 1 4.63% $14,341
    Encompass Lending Group, LP 1 3.75% $19,142
    MORIA DEVELOPMENT, INC. 1 4.25% $9,731
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.75% $11,583
    EVANSVILLE TEACHERS 1 4.88% $2,418
    MLD MORTGAGE INC. 1 5.88% $1,633
    PLUS RELOCATION MORTGAGE, LLC 1 6.75% $25,564
    First Citizens National Bank 1 3.38% $10,854
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.75% $24,847

    The top Georgia VA lender as defined by loan originations is Mortgage Research Center, LLC, with 4,738 VA loans originated. Their average total fees are $7,240, which is $3,275 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Georgia VA lenders (with over 10 loans originated) are MID AMERICA MORTGAGE, INC. ($4,518), Fifth Third Bank ($4,665), Lakeview Community Capital, LLC ($4,780), FINANCE OF AMERICA MORTGAGE LLC ($5,020) and Alcova Mortgage LLC ($5,419).

    The lowest rate Georgia VA lenders (with over 10 loans originated) are NP, Inc. (2.77%), Credence Funding Corporation (3.36%), PENTAGON FEDERAL CREDIT UNION (3.49%), PENNYMAC LOAN SERVICES, LLC (3.55%) and Lakeview Community Capital, LLC (3.62%).

    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.