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 6.59% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

    Kansas's average VA mortgage closing costs are $5,255.

    The average rate for the prior week (2024-04-05) was 6.44% and one month ago for the week of 2024-03-08, the average rate was 6.37%.

    The average rate one year ago was 5.96%.

    For refis of the same type during the week of 2024-04-12, the average rate was 6.57%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 866 6.78% $5,546
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 209 6.60% $5,882
    QUICKEN LOANS, LLC 186 6.26% $8,952
    NAVY FEDERAL CREDIT UNION 180 5.89% $5,370
    USAA Federal Savings Bank 131 6.21% $6,836
    UNITED WHOLESALE MORTGAGE, LLC 123 6.44% $8,240
    FLAT BRANCH MORTGAGE, INC. 103 6.60% $7,750
    PENNYMAC LOAN SERVICES, LLC 81 5.92% $6,990
    Exchange Bank 78 6.18% $6,638
    PENTAGON FEDERAL CREDIT UNION 76 5.82% $8,000
    NEW DAY FINANCIAL, LLC 68 7.45% $10,222
    FREEDOM MORTGAGE CORPORATION 63 6.59% $14,487
    LOANDEPOT.COM, LLC 53 6.42% $9,590
    CROSSCOUNTRY MORTGAGE, LLC 53 6.80% $7,499
    Landmark National Bank 51 6.63% $4,961
    NBKC BANK 48 5.98% $5,583
    Gateway First Bank 37 6.37% $5,853
    Fidelity Bank 37 6.55% $7,539
    Armed Forces Bank 36 6.27% $6,992
    Mr. Cooper ( Nationstar Mortgage ) 35 6.17% $11,982
    NBH Bank 34 6.19% $5,921
    Sierra Pacific Mortgage Company, Inc. 33 6.47% $8,044
    MORTGAGE SOLUTIONS OF COLORADO, LLC 32 7.50% $2,653
    OPEN MORTGAGE, LLC 30 6.56% $6,549
    Plains Commerce Bank 30 6.34% $6,957
    The Federal Savings Bank 28 6.51% $13,039
    PLANET HOME LENDING, LLC 28 6.61% $7,919
    Prosperity Home Mortgage, LLC 28 6.45% $7,671
    PRIMELENDING, A PLAINSCAPITAL COMPANY 27 6.78% $6,894
    Barrington Bank & Trust Company, N.A. 26 6.50% $6,293
    NEWREZ LLC 26 6.68% $10,373
    AMERISAVE MORTGAGE CORPORATION 26 5.96% $14,318
    First State Bank of St. Charles, Missouri 26 6.38% $7,100
    Flagstar Bank, FSB 26 6.50% $8,069
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 25 6.51% $9,134
    Neighborhood Loans, Inc. 23 6.88% $10,031
    LEADERONE FINANCIAL CORPORATION 21 6.72% $10,225
    Sunflower Bank 20 5.85% $6,794
    BROKER SOLUTIONS, INC. 20 6.71% $10,421
    Central National Bank 20 6.52% $2,394
    GUILD MORTGAGE COMPANY 20 6.48% $9,800
    GUARANTEED RATE, INC. 19 6.29% $8,231
    ENDEAVOR CAPITAL, LLC. 19 6.36% $6,460
    COMMUNITYAMERICA 18 6.33% $6,993
    Community First National Bank 18 6.71% $6,096
    Equity Prime Mortgage LLC 18 7.06% $7,013
    PRIMARY RESIDENTIAL MORTGAGE, INC. 16 6.91% $8,191
    MOVEMENT MORTGAGE, LLC 15 6.72% $4,471
    ACADEMY MORTGAGE CORPORATION 15 6.78% $6,880
    Intrust Bank 14 6.02% $3,309
    Regent Financial Group, Inc. 14 6.66% $11,772
    The Central Trust Bank 14 6.26% $9,389
    Mortgage Investment Services Corporation 14 6.88% $5,029
    Bell Bank 13 6.33% $8,177
    US MORTGAGE CORPORATION 13 6.75% $7,849
    BAYSHORE MORTGAGE FUNDING, LLC 12 6.54% $8,511
    Wells Fargo Bank 12 5.92% $4,495
    Arvest Bank 10 6.39% $4,072
    MUTUAL OF OMAHA MORTGAGE, INC. 10 6.31% $12,960
    U.S. Bank 10 6.71% $6,765
    Old National Bank 10 6.10% $8,790
    First Bank 10 6.53% $5,697
    HOMESIDE FINANCIAL, LLC 9 6.39% $8,400
    CMG MORTGAGE, INC. 9 5.97% $12,559
    DAS Acquisition Company, LLC 8 7.11% $4,330
    Community National Bank & Trust 8 6.91% $8,178
    Academy Bank 8 6.52% $8,386
    LAKEVIEW LOAN SERVICING, LLC 7 6.52% $14,505
    North American Savings Bank, F.S.B. 7 6.14% $4,595
    VANDERBILT MORTGAGE AND FINANCE, INC. 6 6.17% $4,148
    Paramount Residential Mortgage Group, Inc. 6 6.48% $6,743
    United Fidelity Funding Corp. 6 6.92% $15,738
    The Loan Store, Inc. 6 6.94% $10,295
    American Mortgage & Equity Consultants, Inc. 6 6.17% $8,850
    CREDIT UNION OF AMERICA 6 6.77% $6,052
    Magnolia Bank 6 6.21% $14,935
    Members Mortgage Services, L.L.C. 6 6.29% $8,479
    MID AMERICA MORTGAGE, INC. 6 6.98% $3,506
    COMMUNITY MORTGAGE, LLC 6 6.04% $3,723
    CARDINAL FINANCIAL 5 6.20% $11,680
    Mid-Continent Funding, Inc. 5 6.40% $5,985
    SUMMIT FUNDING, INC. 5 6.48% $4,777
    SUN WEST MORTGAGE COMPANY, INC. 5 6.38% $12,364
    BAY EQUITY LLC 4 6.59% $6,668
    First National Bank of Omaha 4 6.44% $5,881
    UNION HOME MORTGAGE CORP. 4 6.59% $7,278
    BOKF 4 7.25% $13,130
    PREMIA MORTGAGE, LLC 4 5.78% $7,753
    MEGASTAR FINANCIAL CORP. 4 6.78% $8,234
    LOANPAL, LLC 4 6.56% $9,309
    EVERETT FINANCIAL, INC. 4 6.81% $11,037
    CALIBER HOME LOANS, INC. 3 5.83% $7,309
    Nations Lending Corporation 3 6.54% $12,611
    CORNERSTONE HOME LENDING, INC. 3 6.00% $12,966
    SIRVA MORTGAGE, INC. 3 6.50% $3,734
    BNC National Bank 3 5.83% $5,555
    Farmers Bank & Trust 3 6.21% $8,143
    VILLAGE CAPITAL MORTGAGE 3 6.50% $10,837
    West Gate Bank 3 6.79% $8,636
    Citizens Bank 3 6.04% $12,410
    AMERICAN FINANCIAL NETWORK, INC. 3 7.17% $2,446
    THRIVE MORTGAGE, LLC 3 6.58% $15,267
    Waterstone Mortgage Corporation 3 6.63% $6,307
    PLAZA HOME MORTGAGE, INC. 2 5.50% $6,995
    FIRST COMMUNITY MORTGAGE, INC. 2 6.00% $9,104
    First United Bank and Trust Company 2 5.94% $5,928
    Fifth Third Bank 2 7.25% $3,107
    GREENSTATE CREDIT UNION 2 6.25% $7,117
    DELMAR FINANCIAL COMPANY 2 7.00% $6,682
    HALLMARK HOME MORTGAGE, LLC 2 6.25% $11,713
    Midwest Mortgage Associates Corporation 2 6.88% $4,168
    CHURCHILL MORTGAGE CORPORATION 2 6.50% $12,807
    M&T Bank 2 5.69% $6,318
    Capitol Federal Savings Bank 2 7.19% $3,905
    NexBank 2 6.44% $6,382
    NFM, INC. 2 6.13% $6,781
    Northpointe Bank 2 5.63% $12,058
    Oakstar Bank 2 5.94% $4,802
    PHH Mortgage Corporation 2 6.56% $7,220
    PREMIER MORTGAGE RESOURCES, L.L.C. 2 6.50% $10,106
    RCB Bank 2 6.38% $6,443
    ROYAL UNITED MORTGAGE LLC 2 6.94% $17,345
    Servion, Inc. 2 6.63% $5,559
    SUCCESS MORTGAGE PARTNERS, INC. 2 7.31% $5,460
    UMB Bank 2 6.62% $4,652
    AMERICAN FINANCIAL RESOURCES, INC. 2 7.19% $7,844
    Bank of America 1 6.13% $2,326
    Azura Credit Union 1 7.63% $650
    OCMBC, INC. 1 7.13% $3,397
    Hawthorn Bank 1 6.75% $2,831
    AmeriHome Mortgage Company, LLC 1 4.99% $13,964
    RELIANCE FIRST CAPITAL, LLC 1 6.50% $9,165
    Renasant Bank 1 5.75% $10,071
    Encompass Lending Group, LP 1 7.13% $4,545
    S1L, Inc. 1 7.25% $19,328
    SeaTrust Mortgage Company 1 6.63% $6,729
    Great Southern Bank 1 6.25% $2,249
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.25% $15,519
    Carrington Mortgage Services, LLC 1 5.13% $1,705
    Fortress Bank 1 7.25% $4,837
    Citibank 1 6.50% $6,543
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $1,576
    Mazuma Credit Union 1 6.38% $6,561
    T2 FINANCIAL LLC 1 6.75% $13,576
    LAND HOME FINANCIAL SERVICES, INC. 1 7.00% $7,905
    AMERICAN FINANCING CORPORATION 1 5.25% $10,808
    KANSAS STATE UNIVERSITY Federal Credit Union 1 7.50% $5,613
    JPMorgan Chase Bank 1 6.63% $6,990
    FirstTrust Home Loans, Inc. 1 6.75% $16,885
    Ixonia Bank 1 6.75% $7,220
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.25% $2,375
    First Federal Bank 1 6.63% $7,608
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.50% $5,494
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.25% $9,996
    Pinnacle Bank 1 5.63% $15,314
    Bank of the West 1 6.38% $10,461
    Peak Financial 1 6.50% $10,037
    PNC Bank 1 6.13% $14,915
    BLACK HILLS FEDERAL CREDIT UNION 1 5.88% $4,481
    ZILLOW HOME LOANS, LLC 1 6.25% $10,600
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 6.25% $5,919

    The top Kansas VA lender as defined by loan originations is Mortgage Research Center, LLC, with 866 VA loans originated. Their average total fees are $5,546, which is $336 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Kansas VA lenders (with over 10 loans originated) are Central National Bank ($2,394), MORTGAGE SOLUTIONS OF COLORADO, LLC ($2,653), Intrust Bank ($3,309), Arvest Bank ($4,072) and MOVEMENT MORTGAGE, LLC ($4,471).

    The lowest rate Kansas VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (5.82%), Sunflower Bank (5.85%), NAVY FEDERAL CREDIT UNION (5.89%), Wells Fargo Bank (5.92%) and PENNYMAC LOAN SERVICES, LLC (5.92%).

    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.