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 6.31% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Georgia's average VA mortgage closing costs are $6,089.

    The average rate for the prior week (2024-12-06) was 6.14% and one month ago for the week of 2024-11-08, the average rate was 6.24%.

    The average rate one year ago was 6.59%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.33%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 3,390 6.70% $6,614
    QUICKEN LOANS, LLC 1,442 6.15% $11,432
    UNITED WHOLESALE MORTGAGE, LLC 1,274 6.27% $8,909
    NAVY FEDERAL CREDIT UNION 973 5.84% $6,054
    BROKER SOLUTIONS, INC. 651 6.18% $10,356
    FREEDOM MORTGAGE CORPORATION 528 6.60% $14,460
    PENNYMAC LOAN SERVICES, LLC 492 5.61% $8,820
    DHI MORTGAGE COMPANY, LTD. 454 5.38% $6,786
    GUARANTEED RATE, INC. 441 6.29% $7,540
    LOANDEPOT.COM, LLC 398 6.03% $12,204
    USAA Federal Savings Bank 397 6.22% $9,559
    Ameris Bank 363 6.20% $10,414
    NEW DAY FINANCIAL, LLC 359 7.47% $13,258
    MOVEMENT MORTGAGE, LLC 358 6.47% $9,906
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 327 6.60% $8,406
    The Federal Savings Bank 326 6.35% $16,620
    VANDERBILT MORTGAGE AND FINANCE, INC. 244 6.22% $6,541
    GUILD MORTGAGE COMPANY 241 6.51% $9,959
    BANKSOUTH MORTGAGE COMPANY, LLC 237 6.08% $9,616
    HOMESTAR FINANCIAL CORPORATION 233 6.40% $8,202
    MORTGAGE SOLUTIONS OF COLORADO, LLC 216 7.51% $5,050
    Mr. Cooper ( Nationstar Mortgage ) 192 5.97% $13,777
    CARDINAL FINANCIAL 191 6.53% $12,592
    CROSSCOUNTRY MORTGAGE, LLC 189 6.60% $8,834
    CMG MORTGAGE, INC. 176 6.37% $11,106
    Flagstar Bank, FSB 158 6.61% $8,530
    VILLAGE CAPITAL MORTGAGE 145 6.30% $10,211
    Prosperity Home Mortgage, LLC 128 6.13% $9,232
    EVERETT FINANCIAL, INC. 128 6.76% $14,540
    PENTAGON FEDERAL CREDIT UNION 124 5.62% $7,578
    Colony Bank 122 6.15% $7,123
    NEWREZ LLC 116 6.49% $10,349
    NBKC BANK 113 6.05% $7,543
    Barrington Bank & Trust Company, N.A. 111 6.38% $9,265
    Equity Prime Mortgage LLC 111 7.00% $7,836
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 106 6.27% $8,790
    AMERISAVE MORTGAGE CORPORATION 106 5.93% $18,666
    Plains Commerce Bank 101 6.15% $11,225
    CANOPY MORTGAGE, LLC 99 6.56% $16,233
    ACADEMY MORTGAGE CORPORATION 97 6.67% $10,690
    Renasant Bank 96 6.31% $8,095
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 96 6.62% $9,736
    SWBC MORTGAGE CORPORATION 91 6.79% $6,613
    Synovus Bank 91 6.07% $9,505
    Magnolia Bank 89 6.30% $13,824
    HOMEBRIDGE FINANCIAL SERVICES, INC. 87 6.27% $8,321
    Paramount Residential Mortgage Group, Inc. 83 6.28% $9,871
    INSPIRE HOME LOANS INC. 80 5.89% $7,961
    MUTUAL OF OMAHA MORTGAGE, INC. 77 6.45% $13,919
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 76 6.39% $10,992
    HOMEOWNERS FINANCIAL GROUP USA, LLC 74 6.51% $11,093
    PULTE MORTGAGE LLC 73 5.93% $6,661
    FBC MORTGAGE, LLC 68 5.64% $6,268
    AMERICAN FINANCIAL NETWORK, INC. 65 6.69% $10,583
    Wells Fargo Bank 64 5.98% $6,321
    PLANET HOME LENDING, LLC 61 6.02% $9,233
    STOCKTON MORTGAGE CORPORATION 59 6.16% $10,425
    AMERICAN PACIFIC MORTGAGE CORPORATION 59 6.53% $10,503
    South State Bank 57 6.17% $10,489
    AUGUSTA MORTGAGE CO. 56 6.15% $10,765
    EAGLE HOME MORTGAGE, LLC 55 5.37% $6,443
    Queensborough National Bank & Trust Company 54 6.18% $10,949
    Mid-Continent Funding, Inc. 51 6.34% $9,328
    MILEND, INC. 51 6.64% $12,973
    First Federal Bank 51 6.29% $9,822
    Northpointe Bank 49 6.36% $8,078
    GUARANTEED RATE AFFINITY, LLC 48 6.31% $7,672
    NFM, INC. 47 6.60% $11,558
    SOUTHPOINT FINANCIAL SERVICES, INC. 46 6.80% $7,187
    Century Mortgage Company DBA Century Lending Company 45 6.36% $9,821
    PRIMELENDING, A PLAINSCAPITAL COMPANY 41 6.67% $6,379
    RELIANCE FIRST CAPITAL, LLC 40 6.47% $12,826
    UNION HOME MORTGAGE CORP. 39 6.79% $8,572
    SECURITYNATIONAL MORTGAGE COMPANY 39 6.08% $13,238
    FIRST COMMUNITY MORTGAGE, INC. 38 6.55% $11,244
    LAKEVIEW LOAN SERVICING, LLC 37 6.13% $10,555
    Regions Bank 36 6.00% $9,848
    PLAZA HOME MORTGAGE, INC. 33 6.42% $13,154
    AMERICAN FINANCING CORPORATION 30 6.58% $13,981
    JPMorgan Chase Bank 30 6.29% $5,686
    TOWNE MORTGAGE COMPANY 28 6.55% $8,438
    ACOPIA, LLC 28 6.64% $6,464
    Truist 28 6.00% $6,312
    ZILLOW HOME LOANS, LLC 28 6.47% $7,383
    THRIVE MORTGAGE, LLC 27 6.41% $12,682
    Capital City Home Loans, LLC 27 6.34% $13,963
    Lakeview Community Capital, LLC 27 6.08% $11,051
    OCMBC, INC. 26 6.88% $9,595
    SUCCESS MORTGAGE PARTNERS, INC. 25 6.48% $12,282
    TJC Mortgage, Inc. 24 6.43% $14,407
    FirstBank 23 6.34% $8,747
    VAN DYK MORTGAGE CORPORATION 23 6.69% $8,085
    NVR Mortgage Finance, Inc. 22 5.24% $8,675
    Armed Forces Bank 22 5.99% $12,107
    BNC National Bank 22 5.55% $8,692
    CONTOUR MORTGAGE CORPORATION 22 6.23% $14,442
    DIRECT LENDERS, LLC 22 6.65% $5,739
    LOANPAL, LLC 22 5.96% $14,569
    United Community Bank 21 6.17% $6,055
    HOMESIDE FINANCIAL, LLC 21 6.78% $12,396
    VERITAS FUNDING, LLC 20 6.43% $22,910
    Bank of England 20 6.21% $10,184
    ServisFirst Bank 20 6.30% $10,305
    CALCON MUTUAL MORTGAGE LLC 19 6.88% $8,280
    SUN WEST MORTGAGE COMPANY, INC. 19 6.40% $11,164
    Presidential Bank, FSB 19 6.88% $11,148
    BAY EQUITY LLC 18 6.49% $12,765
    DAS Acquisition Company, LLC 18 6.92% $8,640
    CHURCHILL MORTGAGE CORPORATION 18 6.49% $11,657
    Nations Lending Corporation 18 6.59% $11,145
    EMM LOANS LLC 18 6.49% $10,854
    SUMMIT FUNDING, INC. 17 6.71% $7,915
    FIRST CHOICE MORTGAGE, INC. 17 6.49% $11,110
    First Option Mortgage, LLC 17 6.42% $10,778
    Citizens Bank 17 6.69% $8,977
    CALIBER HOME LOANS, INC. 17 6.22% $12,942
    The Central Trust Bank 16 5.66% $11,309
    MORTGAGEONE, INC. 16 7.17% $6,478
    BancorpSouth 16 6.48% $8,120
    ENVOY MORTGAGE, LTD 15 6.39% $9,690
    GENEVA FINANCIAL, LLC 14 6.82% $13,966
    RUOFF MORTGAGE COMPANY, INC. 14 6.55% $5,599
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 13 5.55% $7,975
    JET HOMELOANS, LLC 13 6.31% $9,189
    GMFS LLC 13 6.13% $7,144
    HomePromise Corporation 13 7.12% $15,484
    First Heritage Mortgage, LLC 13 6.53% $14,441
    SHELTER HOME MORTGAGE, LLC 12 6.72% $10,505
    NATIONS DIRECT MORTGAGE, LLC 11 6.75% $12,307
    Carrington Mortgage Services, LLC 11 5.50% $8,737
    NBH Bank 11 6.49% $9,030
    AMERICAN FINANCIAL RESOURCES, INC. 11 7.02% $5,524
    INTERCOASTAL MORTGAGE COMPANY 11 6.82% $8,621
    ROYAL UNITED MORTGAGE LLC 11 6.70% $15,222
    NATIONWIDE MORTGAGE BANKERS, INC. 11 7.03% $16,307
    CityWorth Mortgage LLC 11 6.28% $10,833
    MEMBER FIRST MORTGAGE, LLC 10 6.86% $9,411
    Cornerstone First Mortgage, Inc 10 7.12% $10,323
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 10 6.83% $7,855
    Alcova Mortgage LLC 10 6.55% $8,445
    PHH Mortgage Corporation 9 6.93% $8,590
    Goldwater Bank, N.A. 9 6.90% $10,352
    Gateway First Bank 9 6.79% $8,490
    FIRST CONTINENTAL MORTGAGE, LTD. 9 6.32% $9,412
    MORTGAGE INVESTORS GROUP, INC. 9 6.17% $7,961
    Security Federal Bank 8 6.44% $6,225
    Assurance Financial Group, L.L.C. 8 6.84% $9,314
    PREMIA MORTGAGE, LLC 8 6.22% $5,027
    ROBINS FINANCIAL 8 6.09% $6,521
    MICHIGAN MUTUAL, INC. 8 6.16% $6,999
    U.S. Bank 7 5.88% $8,398
    HOMESPIRE MORTGAGE CORPORATION 7 6.16% $15,315
    Franklin Loan Corporation 7 5.96% $17,604
    Trustmark National Bank 7 6.11% $4,121
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 7 6.52% $7,072
    LEADERONE FINANCIAL CORPORATION 7 6.70% $10,110
    VICTORY MORTGAGE, L.L.C. 7 6.43% $6,626
    RESIDENTIAL HOME FUNDING CORP. 7 6.18% $9,108
    RADIUS FINANCIAL GROUP INC. 6 6.96% $9,160
    North American Savings Bank, F.S.B. 6 5.75% $7,479
    OPEN MORTGAGE, LLC 6 6.42% $10,431
    GUARANTY HOME MORTGAGE CORPORATION 6 6.06% $12,937
    Pinnacle Bank 6 6.17% $8,040
    MID AMERICA MORTGAGE, INC. 6 6.83% $4,725
    US MORTGAGE CORPORATION 6 6.96% $11,342
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 6 6.67% $7,754
    EMBRACE HOME LOANS, INC. 6 6.06% $11,010
    Credence Funding Corporation 6 5.79% $3,507
    CRESCENT MORTGAGE COMPANY 6 6.19% $5,844
    NTFN, INC. 6 6.81% $9,851
    ALAMEDA MORTGAGE CORPORATION 6 6.54% $16,844
    PREMIER MORTGAGE RESOURCES, L.L.C. 6 7.10% $8,515
    FLAT BRANCH MORTGAGE, INC. 5 6.65% $9,644
    American Mortgage & Equity Consultants, Inc. 5 6.90% $6,985
    Keystone Funding, Inc. 5 6.28% $8,313
    Shamrock Home Loans, Inc. 5 6.50% $4,097
    FIRST COLONY MORTGAGE CORPORATION 5 6.80% $10,534
    Mortgage Assurance Inc. 5 6.13% $7,417
    BAYSHORE MORTGAGE FUNDING, LLC 5 7.15% $11,951
    SANCTUARY HOME MORTGAGE LLC 5 6.75% $11,884
    Bell Bank 5 6.13% $12,038
    First Savings Bank 5 6.15% $17,953
    TBI MORTGAGE COMPANY 5 6.30% $12,451
    T2 FINANCIAL LLC 5 6.20% $11,396
    GUARANTY MORTGAGE SERVICES, L.L.C. 5 6.75% $15,227
    ISERVE RESIDENTIAL LENDING, LLC 5 6.75% $19,366
    TOP FLITE FINANCIAL, INC. 5 6.85% $17,348
    NexBank 4 6.28% $14,611
    COMMUNITY MORTGAGE CORPORATION 4 6.75% $12,648
    Evolve Bank & Trust 4 6.78% $8,052
    George Mason Mortgage, LLC 4 5.75% $11,654
    INTERLINC MORTGAGE SERVICES, LLC 4 6.56% $7,557
    Ixonia Bank 4 7.13% $9,053
    Meridian Bank Corporation 4 6.28% $9,938
    M&T Bank 4 6.16% $14,272
    1ST SIGNATURE LENDING, LLC 4 7.13% $11,186
    PNC Bank 4 6.13% $7,144
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 7.00% $8,964
    Sierra Pacific Mortgage Company, Inc. 4 6.81% $15,428
    Strong Home Mortgage, LLC 4 6.13% $8,741
    Waterstone Mortgage Corporation 4 6.75% $14,987
    Wyndham Capital Mortgage, Inc. 4 5.88% $9,204
    CERTAINTY HOME LOANS, LLC 3 5.08% $12,745
    Hometown Equity Mortgage, LLC 3 6.25% $9,908
    LIBERTY HOME MORTGAGE CORPORATION 3 6.58% $13,710
    AmeriHome Mortgage Company, LLC 3 6.58% $12,427
    American Security Mortgage Corp. 3 6.33% $12,360
    ROSS MORTGAGE CORPORATION 3 6.88% $9,238
    Capital Bank 3 5.75% $6,178
    Platinum Home Mortgage Corporation 3 6.58% $8,502
    Princeton Mortgage Corporation 3 6.46% $7,841
    First Community Bank 3 6.42% $9,560
    LENOX FINANCIAL MORTGAGE CORPORATION 3 5.29% $14,426
    Old National Bank 3 5.83% $4,235
    SOUTHWEST STAGE FUNDING, LLC 3 6.92% $7,329
    Wolfe Financial, Inc 3 7.21% $10,876
    SOVEREIGN LENDING GROUP INCORPORATED 3 5.50% $13,981
    THE MORTGAGE FIRM, INC. 3 6.83% $5,377
    SRP Federal Credit Union 3 6.25% $7,578
    GSF Mortgage Corporation 3 6.83% $9,287
    First Horizon Bank 3 6.75% $9,797
    NORWICH COMMERCIAL GROUP, INC. 3 7.04% $11,912
    MEGASTAR FINANCIAL CORP. 3 7.21% $5,682
    ALLIED MORTGAGE GROUP, INC. 2 5.94% $7,132
    JMAC LENDING, INC. 2 6.44% $9,127
    PANORAMA MORTGAGE GROUP, LLC 2 6.63% $25,162
    Watermark Capital, Inc. 2 6.19% $13,357
    MY MORTGAGE, INC. 2 7.44% $11,083
    NATIONS RELIABLE LENDING, LLC 2 7.00% $662
    MORIA DEVELOPMENT, INC. 2 6.63% $4,913
    MLD MORTGAGE INC. 2 7.44% $1,659
    LAND HOME FINANCIAL SERVICES, INC. 2 6.06% $9,325
    CITY FIRST MORTGAGE SERVICES, L.L.C. 2 7.19% $3,806
    POLARIS HOME FUNDING CORP. 2 6.75% $6,263
    Residential Mortgage Solutions, Inc. 2 7.38% $10,288
    RESOURCE FINANCIAL SERVICES, INC. 2 6.94% $11,618
    BOKF 2 6.63% $12,874
    BM Real Estate Services, Inc. 2 7.25% $10,092
    BELEM SERVICING LLC 2 5.25% $12,763
    HOMESTEAD FUNDING CORP. 2 6.38% $6,853
    The Loan Store, Inc. 2 6.50% $15,540
    First National Bank Texas 2 6.00% $18,438
    SeaTrust Mortgage Company 2 6.69% $6,955
    Bank of America 2 6.50% $4,509
    AXIA FINANCIAL, LLC 2 7.00% $5,276
    Service Federal Credit Union 2 6.00% $796
    RESIDENTIAL BANCORP 2 6.37% $11,043
    DELMAR FINANCIAL COMPANY 2 6.38% $7,472
    Willamette Valley Bank 2 6.44% $7,001
    SIRVA MORTGAGE, INC. 2 6.31% $11,511
    University Bank 2 5.88% $3,643
    Southern First Bank 2 6.25% $30,463
    Sunflower Bank 1 6.63% $15,084
    CASTLE & COOKE MORTGAGE, LLC 1 6.75% $7,805
    CAROLINA ONE MORTGAGE, LLC 1 7.75% $11,181
    BAY CAPITAL MORTGAGE CORPORATION 1 5.75% $10,902
    The Huntington National Bank 1 7.00% $6,819
    BankPlus 1 6.25% $1,759
    Bank of the Pacific 1 6.25% $2,452
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 7.13% $10,296
    Towne Bank 1 6.13% $5,882
    Aurora Financial, LLC 1 5.75% $15,953
    UNION CAPITAL MORTGAGE CORPORATION 1 5.50% $16,165
    Atlantic Coast Mortgage, LLC 1 6.99% $3,690
    United Bank 1 6.25% $11,669
    ATLANTA POSTAL 1 6.38% $8,981
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 6.75% $12,439
    UNITED SECURITY FINANCIAL CORP 1 6.88% $46,428
    Arvest Bank 1 6.00% $6,552
    ANGEL OAK HOME LOANS LLC 1 6.63% $5,300
    American Mortgage Bank, LLC 1 7.00% $7,344
    Vellum Mortgage, Inc. 1 5.75% $4,508
    Allied First Bank,sb 1 8.25% $4,265
    Advisors Mortgage Group, L.L.C. 1 7.38% $3,820
    Acre Mortgage and Financial Inc 1 6.25% $2,722
    V.I.P. MORTGAGE, INC. 1 6.50% $22,318
    VYSTAR 1 6.13% $6,500
    NATION ONE MORTGAGE CORPORATION 1 8.38% $11,805
    MORTGAGE EQUITY PARTNERS LLC 1 7.13% $11,524
    MIDLAND MORTGAGE CORPORATION 1 6.75% $5,165
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.75% $5,944
    ABSOLUTE HOME MORTGAGE CORPORATION 1 7.25% $4,022
    Lend Smart Mortgage, LLC 1 6.25% $2,127
    LENDING 3, INC. 1 8.00% $15,743
    Northwest Federal Credit Union 1 6.25% $4,335
    Legends Bank 1 6.38% $9,335
    OCEANSIDE MORTGAGE COMPANY 1 6.00% $3,022
    ON Q FINANCIAL, INC. 1 5.99% $7,793
    ONY GLO, INC. 1 5.13% $33,005
    HOMEXPRESS MORTGAGE CORP. 1 7.13% $660
    Origin Bank 1 6.75% $7,337
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.63% $14,310
    Paramount Bank 1 6.75% $10,596
    GREENSTATE CREDIT UNION 1 6.13% $3,969
    GoPrime Mortgage, Inc. 1 5.88% $8,729
    GERSHMAN INVESTMENT CORP. 1 6.63% $0
    GARDNER FINANCIAL SERVICES, LTD. 1 6.88% $16,427
    F&M Bank 1 6.25% $10,892
    Academy Bank 1 5.50% $46,316
    POINT Mortgage 1 5.50% $10,191
    Florida Capital Bank 1 6.25% $6,388
    First Western Trust Bank 1 5.25% $9,705
    First State Bank 1 6.00% $9,209
    WesBanco 1 5.50% $7,576
    First National Bank of Pennsylvania 1 6.50% $11,680
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 6.25% $8,234
    FIRST HOME MORTGAGE CORPORATION 1 6.50% $9,204
    First Federal Bank of Kansas City 1 6.25% $8,436
    RANLIFE, INC. 1 7.99% $10,109
    First-Citizens Bank & Trust Company 1 5.88% $4,626
    First Bank 1 6.63% $4,538
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 7.00% $10,617
    FIDELITY BANK 1 7.25% $5,308
    Farmers Bank & Trust 1 5.25% $9,503
    EVANSVILLE TEACHERS 1 6.13% $7,748
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 7.25% $16,458
    SCOTT CREDIT UNION 1 6.13% $3,784
    DRAPER AND KRAMER MORTGAGE CORP. 1 6.25% $22,424
    DIRECT MORTGAGE LOANS, LLC 1 5.75% $14,279
    DEVELOPER'S MORTGAGE COMPANY 1 7.25% $32,213
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 7.25% $2,932
    CREDIT UNION FINANCIAL SERVICES, LLC 1 6.13% $7,907
    SOUTHERN TRUST MORTGAGE, LLC 1 6.88% $10,556
    South Pacific Financial Corporation 1 4.88% $3,545
    SouthPoint Bank 1 7.13% $6,013
    CORNERSTONE HOME LENDING, INC. 1 6.25% $9,356
    Community First National Bank 1 6.13% $9,928
    Stifel Bank and Trust 1 7.13% $7,270
    CHERRY CREEK MORTGAGE, LLC 1 6.75% $0

    The top Georgia VA lender as defined by loan originations is Mortgage Research Center, LLC, with 3,390 VA loans originated. Their average total fees are $6,614, which is $4,818 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Georgia VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,050), AMERICAN FINANCIAL RESOURCES, INC. ($5,524), RUOFF MORTGAGE COMPANY, INC. ($5,599), JPMorgan Chase Bank ($5,686) and DIRECT LENDERS, LLC ($5,739).

    The lowest rate Georgia VA lenders (with over 10 loans originated) are NVR Mortgage Finance, Inc. (5.24%), EAGLE HOME MORTGAGE, LLC (5.37%), DHI MORTGAGE COMPANY, LTD. (5.38%), Carrington Mortgage Services, LLC (5.50%) and BNC National Bank (5.55%).

    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.