Kansas VA Loan Rates, Closing Costs & Stats

Kansas

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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.

    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.