Kansas VA Loan Rates, Closing Costs & Stats

Kansas

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.

Kansas VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Kansas averaged 6.04% for the week of 2023-05-26, compared to the national average (all VA variants) of 6.408% for the same period.

Kansas's average VA mortgage closing costs are $5,034.

The average rate for the prior week (2023-05-19) was 6.27% and one month ago for the week of 2023-04-21, the average rate was 6.09%.

The average rate one year ago was 5.16%.

For refis of the same type during the week of 2023-05-26, the average rate was 5.48%.

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

Kansas 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 Kansas level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 948 5.08% $5,812
QUICKEN LOANS, LLC 297 4.31% $8,972
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 236 4.88% $7,018
NAVY FEDERAL CREDIT UNION 213 4.18% $5,343
USAA Federal Savings Bank 205 4.58% $6,842
FREEDOM MORTGAGE CORPORATION 166 4.42% $9,144
PENNYMAC LOAN SERVICES, LLC 129 3.57% $7,461
UNITED WHOLESALE MORTGAGE, LLC 123 4.76% $8,473
NEW DAY FINANCIAL, LLC 96 5.45% $8,750
Exchange Bank 89 4.49% $6,833
Landmark National Bank 85 4.81% $5,548
LOANDEPOT.COM, LLC 85 4.70% $8,729
CROSSCOUNTRY MORTGAGE, LLC 80 5.22% $6,860
PENTAGON FEDERAL CREDIT UNION 78 3.87% $7,204
PRIMELENDING, A PLAINSCAPITAL COMPANY 73 4.64% $7,936
FLAT BRANCH MORTGAGE, INC. 72 5.09% $6,900
Mr. Cooper ( Nationstar Mortgage ) 63 4.77% $7,230
Gateway First Bank 61 4.88% $6,956
HOME POINT FINANCIAL CORPORATION 61 4.28% $8,117
NBKC BANK 60 4.28% $7,551
Armed Forces Bank 54 4.39% $6,904
Flagstar Bank, FSB 47 4.50% $7,472
AMERISAVE MORTGAGE CORPORATION 46 4.24% $10,921
Sierra Pacific Mortgage Company, Inc. 46 4.92% $8,683
GUILD MORTGAGE COMPANY 46 4.87% $7,683
MORTGAGE SOLUTIONS OF COLORADO, LLC 42 6.01% $7,467
NBH Bank 39 4.85% $6,220
The Federal Savings Bank 39 4.85% $12,191
Fidelity Bank 38 4.96% $6,255
Plains Commerce Bank 37 4.62% $7,668
OPEN MORTGAGE, LLC 37 4.99% $6,593
NEWREZ LLC 33 4.21% $7,921
LAKEVIEW LOAN SERVICING, LLC 32 3.87% $7,210
Barrington Bank & Trust Company, N.A. 30 4.47% $7,085
Wells Fargo Bank 29 4.23% $5,562
LEADERONE FINANCIAL CORPORATION 26 5.44% $9,117
PLANET HOME LENDING, LLC 25 5.04% $7,438
Sunflower Bank 25 4.47% $5,385
Prosperity Home Mortgage, LLC 25 4.63% $7,466
UNION HOME MORTGAGE CORP. 24 4.75% $7,210
North American Savings Bank, F.S.B. 24 4.47% $8,559
U.S. Bank 24 4.79% $7,903
PRIMARY RESIDENTIAL MORTGAGE, INC. 23 4.99% $5,684
CALIBER HOME LOANS, INC. 23 4.87% $8,837
GUARANTEED RATE, INC. 23 4.76% $7,045
CMG MORTGAGE, INC. 22 4.24% $7,803
ENDEAVOR CAPITAL, LLC. 20 5.05% $7,404
Central National Bank 20 4.72% $3,724
Community First National Bank 20 4.49% $7,596
DAS Acquisition Company, LLC 20 5.55% $9,613
ARK-LA-TEX FINANCIAL SERVICES, LLC. 20 5.38% $6,467
MOVEMENT MORTGAGE, LLC 19 4.56% $6,446
First State Bank of St. Charles, Missouri 18 4.22% $7,739
Bell Bank 18 4.85% $6,984
Members Mortgage Services, L.L.C. 18 4.63% $5,536
BROKER SOLUTIONS, INC. 17 5.12% $7,327
The Central Trust Bank 15 4.44% $9,102
Arvest Bank 14 4.81% $8,239
Mortgage Investment Services Corporation 14 4.66% $6,434
DELMAR FINANCIAL COMPANY 14 4.88% $8,577
Equity Prime Mortgage LLC 13 5.94% $7,635
Regent Financial Group, Inc. 13 4.58% $6,943
EVERETT FINANCIAL, INC. 13 4.63% $5,222
Carrington Mortgage Services, LLC 13 4.22% $7,287
COMMUNITYAMERICA 13 4.93% $9,364
FBC MORTGAGE, LLC 12 5.43% $4,841
Magnolia Bank 10 4.56% $12,247
Nations Lending Corporation 10 5.35% $8,081
US MORTGAGE CORPORATION 10 4.91% $8,988
BNC National Bank 9 3.78% $4,746
AMERICAN PACIFIC MORTGAGE CORPORATION 9 4.80% $6,038
Intrust Bank 9 4.44% $2,983
THRIVE MORTGAGE, LLC 9 4.82% $8,193
United Fidelity Funding Corp. 9 6.07% $12,955
AMERICAN FINANCING CORPORATION 8 4.80% $12,143
CORNERSTONE HOME LENDING, INC. 8 5.03% $5,966
Mid-Continent Funding, Inc. 8 5.02% $6,389
SUN WEST MORTGAGE COMPANY, INC. 8 4.58% $7,357
SUMMIT FUNDING, INC. 7 5.75% $13,385
American Mortgage & Equity Consultants, Inc. 7 3.77% $5,425
First Federal Bank of Kansas City 6 4.19% $7,873
MUTUAL OF OMAHA MORTGAGE, INC. 6 4.63% $8,179
BOKF 6 5.29% $6,673
CARDINAL FINANCIAL 5 4.27% $16,908
First National Bank of Omaha 5 5.08% $13,914
COMMUNITY MORTGAGE, LLC 5 4.90% $8,587
CREDIT UNION OF AMERICA 5 5.15% $7,456
Commerce Bank 5 4.58% $1,711
HOMEBRIDGE FINANCIAL SERVICES, INC. 5 4.58% $5,439
FIRST COMMUNITY MORTGAGE, INC. 5 3.95% $226,559
Ixonia Bank 4 3.97% $13,784
First Federal Bank 4 4.22% $9,898
PHH Mortgage Corporation 4 4.50% $10,738
PREMIA MORTGAGE, LLC 4 4.22% $7,776
ROYAL UNITED MORTGAGE LLC 4 5.34% $7,860
INLAND BANK & TRUST 4 4.03% $6,494
Low VA Rates, LLC 4 4.22% $10,907
GERSHMAN INVESTMENT CORP. 4 5.22% $6,028
AMERICAN FINANCIAL RESOURCES, INC. 4 6.25% $8,948
VANDERBILT MORTGAGE AND FINANCE, INC. 4 3.63% $12,746
ACADEMY MORTGAGE CORPORATION 4 6.13% $6,949
SUCCESS MORTGAGE PARTNERS, INC. 3 4.71% $8,579
Regions Bank 3 4.58% $11,831
FINANCE OF AMERICA MORTGAGE LLC 3 4.25% $8,274
MID AMERICA MORTGAGE, INC. 3 5.67% $2,715
Bank of England 3 5.25% $14,997
EMBRACE HOME LOANS, INC. 3 5.24% $12,740
JPMorgan Chase Bank 3 5.00% $13,229
HOMESIDE FINANCIAL, LLC 3 4.50% $11,273
Truist 3 3.64% $3,470
CHURCHILL MORTGAGE CORPORATION 3 4.79% $9,595
PLAZA HOME MORTGAGE, INC. 3 4.92% $6,330
LOANPAL, LLC 3 4.08% $11,614
First Bank 3 4.58% $7,394
RELIANCE FIRST CAPITAL, LLC 3 5.54% $11,992
VILLAGE CAPITAL MORTGAGE 2 2.50% $4,176
Citizens Bank 2 4.13% $2,393
MEGASTAR FINANCIAL CORP. 2 4.94% $6,591
NETWORK CAPITAL FUNDING CORPORATION 2 4.31% $7,475
S1L, Inc. 2 3.81% $5,037
Service Federal Credit Union 2 4.81% $5,650
West Gate Bank 2 4.25% $1,377
Texana Bank 2 4.56% $13,673
RCB Bank 2 4.88% $16,286
First Home Bank 2 3.25% $6,307
M&T Bank 2 2.75% $3,169
JAMES B. NUTTER & COMPANY 2 5.31% $2,504
Goldwater Bank, N.A. 2 6.44% $15,757
BAY EQUITY LLC 2 5.13% $7,508
BAYSHORE MORTGAGE FUNDING, LLC 2 7.06% $9,086
Century Mortgage Company DBA Century Lending Company 2 3.44% $7,866
Chambers Bank 2 4.50% $4,268
AMERICAN INTERNET MORTGAGE, INC. 1 2.25% $19,527
GENEVA FINANCIAL, LLC 1 5.00% $1,220
GSF Mortgage Corporation 1 5.50% $13,148
GUARANTEED RATE AFFINITY, LLC 1 4.88% $2,703
HALLMARK HOME MORTGAGE, LLC 1 6.63% $12,350
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 4.75% $12,412
HOMESTAR FINANCIAL CORPORATION 1 5.75% $12,276
JLB CORPORATION 1 2.63% $3,333
KELLER MORTGAGE, LLC 1 6.75% $17,801
Financial Funding Solutions, Inc. 1 5.38% $2,323
Encompass Lending Group, LP 1 5.99% $9,282
MAINSTREET FEDERAL CREDIT UNION 1 6.13% $1,781
Mazuma Credit Union 1 3.63% $5,826
Midwest Mortgage Associates Corporation 1 6.50% $975
MORIA DEVELOPMENT, INC. 1 3.88% $6,170
DRAPER AND KRAMER MORTGAGE CORP. 1 5.63% $7,397
Cornerstone First Mortgage, Inc 1 5.50% $39,795
Mutual Federal Bank 1 4.75% $6,596
NATIONS RELIABLE LENDING, LLC 1 6.75% $10,081
Colonial Savings, F.A. 1 5.88% $9,013
CLARK COUNTY CREDIT UNION 1 4.88% $3,435
Neighborhood Loans, Inc. 1 3.25% $12,767
Chickasaw Community Bank 1 5.88% $2,629
NexBank 1 3.38% $2,988
Northpointe Bank 1 3.00% $7,748
Oakstar Bank 1 4.75% $1,918
Paramount Residential Mortgage Group, Inc. 1 4.75% $7,018
Capitol Federal Savings Bank 1 3.38% $15,439
Peoples Bank 1 4.00% $15,564
Academy Bank 1 4.75% $6,340
PNC Bank 1 4.63% $8,803
Bank of the West 1 4.13% $3,124
BancorpSouth Bank 1 5.38% $3,124
RESIDENTIAL BANCORP. 1 3.25% $15,169
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 5.50% $7,060
RUOFF MORTGAGE COMPANY, INC. 1 4.75% $2,377
Servion, Inc. 1 3.50% $4,231
Arbor Bank 1 4.99% $5,739
SOUTHWEST FUNDING, LP 1 5.25% $10,257
Amerifirst Financial, Inc. 1 5.13% $3,533
American Mortgage Bank, LLC 1 6.75% $19,421
The Home Loan Expert LLC 1 3.00% $18,176
Wyndham Capital Mortgage, Inc. 1 4.88% $2,614
TJC Mortgage, Inc. 1 6.13% $16,293
TOP FLITE FINANCIAL, INC. 1 6.13% $10,674
TOWNE MORTGAGE COMPANY 1 3.25% $28,982
TRAVIS CREDIT UNION 1 5.63% $5,307
TruHome Solutions, LLC 1 3.88% $12,637
Union Bank and Trust Company 1 3.00% $8,797
First International Bank & Trust 1 4.75% $14,960
ZILLOW HOME LOANS, LLC 1 4.63% $1,739
UNITED MORTGAGE CORP. 1 5.25% $19,482
AMERICAN ADVISORS GROUP 1 3.25% $5,470
Adams Bank & Trust 1 4.25% $3,644
Victorian Finance, LLC 1 5.25% $10,791
Waterstone Mortgage Corporation 1 4.63% $3,905
First Savings Bank 1 6.25% $15,356
First National Bank Texas 1 4.75% $22,360

The top Kansas VA lender as defined by loan originations is Mortgage Research Center, LLC, with 948 VA loans originated. Their average total fees are $5,812, which is $3,160 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Kansas VA lenders (with over 10 loans originated) are Central National Bank ($3,724), FBC MORTGAGE, LLC ($4,841), EVERETT FINANCIAL, INC. ($5,222), NAVY FEDERAL CREDIT UNION ($5,343) and Sunflower Bank ($5,385).

The lowest rate Kansas VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.57%), PENTAGON FEDERAL CREDIT UNION (3.87%), LAKEVIEW LOAN SERVICING, LLC (3.87%), NAVY FEDERAL CREDIT UNION (4.18%) and NEWREZ LLC (4.21%).

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.