North Carolina VA Loan Rates, Closing Costs & Stats

North Carolina

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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.

    North Carolina VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in North Carolina averaged 6.6% for the week of 2023-12-01, compared to the national average (all VA variants) of 6.774% for the same period.

    North Carolina's average VA mortgage closing costs are $5,613.

    The average rate for the prior week (2023-11-24) was 6.64% and one month ago for the week of 2023-10-27, the average rate was 7.07%.

    The average rate one year ago was 6.26%.

    For refis of the same type during the week of 2023-12-01, the average rate was 5.31%.

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

    North Carolina 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 North Carolina level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Mortgage Research Center, LLC 4,464 5.05% $7,777
    QUICKEN LOANS, LLC 1,869 4.15% $10,669
    NAVY FEDERAL CREDIT UNION 1,811 4.02% $6,760
    FREEDOM MORTGAGE CORPORATION 1,574 4.39% $9,899
    MOVEMENT MORTGAGE, LLC 1,511 4.74% $7,642
    UNITED WHOLESALE MORTGAGE, LLC 1,300 4.39% $9,640
    PENNYMAC LOAN SERVICES, LLC 830 3.51% $9,195
    USAA Federal Savings Bank 800 4.43% $7,871
    LOANDEPOT.COM, LLC 722 4.08% $8,680
    GUARANTEED RATE, INC. 658 4.54% $7,841
    NEW DAY FINANCIAL, LLC 655 5.10% $10,702
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 566 4.94% $9,235
    Alpha Mortgage Corporation 460 5.09% $8,280
    DHI MORTGAGE COMPANY, LTD. 430 4.15% $7,450
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 384 4.69% $7,853
    CALIBER HOME LOANS, INC. 363 4.44% $8,360
    Wells Fargo Bank 361 3.97% $6,421
    CROSSCOUNTRY MORTGAGE, LLC 350 4.86% $10,524
    UNION HOME MORTGAGE CORP. 346 4.66% $9,189
    American Security Mortgage Corp. 339 4.62% $9,544
    CORNERSTONE HOME LENDING, INC. 317 4.82% $8,206
    Mr. Cooper ( Nationstar Mortgage ) 306 4.63% $9,163
    The Federal Savings Bank 300 4.72% $14,634
    MORTGAGE SOLUTIONS OF COLORADO, LLC 260 5.43% $7,552
    NFM, INC. 239 4.78% $9,714
    GUILD MORTGAGE COMPANY 236 4.71% $8,200
    GoPrime Mortgage, Inc. 227 4.69% $9,364
    CMG MORTGAGE, INC. 223 4.76% $10,231
    Prosperity Home Mortgage, LLC 215 4.40% $11,311
    PENTAGON FEDERAL CREDIT UNION 211 3.58% $6,266
    AMERISAVE MORTGAGE CORPORATION 202 4.22% $10,987
    JET HOMELOANS, LLC 193 5.24% $9,438
    ANGEL OAK HOME LOANS LLC 188 4.60% $8,241
    SOUTHERN TRUST MORTGAGE, LLC 180 4.58% $10,668
    VILLAGE CAPITAL MORTGAGE 180 3.83% $8,732
    NEWREZ LLC 174 4.39% $8,423
    HOME POINT FINANCIAL CORPORATION 165 4.33% $9,053
    CLEARPATH LENDING 158 3.76% $10,941
    Carrington Mortgage Services, LLC 155 4.57% $7,441
    BROKER SOLUTIONS, INC. 155 4.71% $9,427
    CARDINAL FINANCIAL 140 4.56% $11,009
    Flagstar Bank, FSB 135 4.68% $9,036
    NVR Mortgage Finance, Inc. 128 4.00% $8,802
    CERTAINTY HOME LOANS, LLC 128 4.65% $8,986
    Barrington Bank & Trust Company, N.A. 128 4.77% $7,613
    LAKEVIEW LOAN SERVICING, LLC 127 3.59% $7,036
    Truist 124 4.19% $7,487
    INTERCOASTAL MORTGAGE COMPANY 123 4.88% $9,123
    Mid-Continent Funding, Inc. 122 4.63% $8,259
    PRIMELENDING, A PLAINSCAPITAL COMPANY 119 4.90% $9,480
    HOMEBRIDGE FINANCIAL SERVICES, INC. 112 4.80% $8,944
    HOMESIDE FINANCIAL, LLC 111 4.56% $9,004
    Alcova Mortgage LLC 101 4.77% $8,499
    North American Savings Bank, F.S.B. 92 4.14% $10,045
    OVM FINANCIAL, INC. 89 4.28% $9,020
    Magnolia Bank 86 4.37% $13,775
    DAS Acquisition Company, LLC 82 5.44% $9,626
    HOMESPIRE MORTGAGE CORPORATION 80 4.93% $7,809
    Towne Bank 73 4.84% $10,893
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 72 5.37% $9,256
    VANDERBILT MORTGAGE AND FINANCE, INC. 71 4.98% $6,672
    HOMESTAR FINANCIAL CORPORATION 71 4.75% $7,521
    PLANET HOME LENDING, LLC 68 4.32% $8,770
    NBKC BANK 68 4.20% $8,809
    SeaTrust Mortgage Company 67 4.75% $9,400
    PLAZA HOME MORTGAGE, INC. 65 5.04% $9,472
    MUTUAL OF OMAHA MORTGAGE, INC. 65 4.32% $10,500
    Equity Prime Mortgage LLC 64 5.28% $8,753
    EAGLE HOME MORTGAGE, LLC 62 4.38% $6,292
    RELIANCE FIRST CAPITAL, LLC 60 4.75% $9,293
    MATTAMY HOME FUNDING, LLC 60 4.22% $11,205
    LOANPAL, LLC 58 3.91% $12,668
    Nations Lending Corporation 57 5.23% $10,015
    Northpointe Bank 54 4.68% $9,253
    Low VA Rates, LLC 52 4.74% $13,655
    Wyndham Capital Mortgage, Inc. 52 4.04% $8,871
    Armed Forces Bank 51 4.73% $9,790
    EQUITY RESOURCES, INC. 51 4.46% $7,851
    Lakeview Community Capital, LLC 50 4.00% $5,502
    Blue Ridge Bank 50 4.80% $10,237
    PULTE MORTGAGE LLC 49 4.48% $5,174
    AMERICAN FINANCING CORPORATION 48 3.96% $9,063
    Strong Home Mortgage, LLC 44 3.54% $8,884
    CONTOUR MORTGAGE CORPORATION 43 4.89% $10,271
    RAPID MORTGAGE COMPANY 42 4.69% $11,347
    AMERICAN PACIFIC MORTGAGE CORPORATION 41 4.95% $9,912
    INSPIRE HOME LOANS INC. 41 4.91% $5,975
    CBM Mortgage, Inc. 40 4.71% $9,503
    Ameris Bank 40 4.69% $10,794
    ACADEMY MORTGAGE CORPORATION 39 4.64% $10,029
    The Central Trust Bank 38 4.49% $9,565
    U.S. Bank 37 4.21% $9,665
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 37 5.19% $9,714
    Hometown Lenders, Inc. 36 4.85% $9,483
    T2 FINANCIAL LLC 35 5.08% $10,310
    THE MORTGAGE FIRM, INC. 35 4.73% $11,212
    SUN WEST MORTGAGE COMPANY, INC. 35 4.25% $8,323
    Paramount Residential Mortgage Group, Inc. 34 4.68% $10,980
    First Guaranty Mortgage Corporation 33 3.58% $7,738
    MCLEAN MORTGAGE CORPORATION 33 4.31% $7,457
    North State Bank 33 4.27% $7,646
    RESOURCE FINANCIAL SERVICES, INC. 32 4.59% $8,893
    SOVEREIGN LENDING GROUP INCORPORATED 31 3.87% $12,424
    West Town Bank & Trust 29 4.65% $9,444
    Towne Mortgage of the Carolinas, LLC 29 4.44% $8,673
    BNC National Bank 29 4.03% $9,927
    First Heritage Mortgage, LLC 28 4.91% $11,531
    TOWNE MORTGAGE COMPANY 28 4.21% $8,495
    Atlantic Coast Mortgage, LLC 28 4.99% $12,441
    VERITAS FUNDING, LLC 27 4.89% $21,189
    CAPITAL CENTER, L.L.C. 26 3.31% $3,123
    First Federal Bank 26 4.27% $9,558
    Texana Bank 26 3.96% $13,088
    United Community Bank 26 4.87% $9,909
    PNC Bank 26 3.77% $6,377
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 25 5.13% $9,238
    South Pacific Financial Corporation 25 4.35% $15,364
    SUCCESS MORTGAGE PARTNERS, INC. 23 5.05% $9,256
    Allen Tate Mortgage Partners, LLC 23 5.10% $7,551
    ACOPIA, LLC 22 4.66% $8,912
    FINANCE OF AMERICA MORTGAGE LLC 22 4.45% $9,682
    First-Citizens Bank & Trust Company 22 4.63% $7,230
    TIDEWATER MORTGAGE SERVICES, INC. 22 4.41% $10,371
    Citizens Bank 21 4.12% $7,252
    PRIMARY RESIDENTIAL MORTGAGE, INC. 21 4.91% $9,270
    SECURITYNATIONAL MORTGAGE COMPANY 19 5.82% $10,569
    Gateway First Bank 19 4.59% $7,861
    CHURCHILL MORTGAGE CORPORATION 19 4.86% $8,247
    First Horizon Bank 18 4.13% $6,955
    FIRST HOME MORTGAGE CORPORATION 18 4.75% $11,546
    Advance Financial Group, LLC 17 4.52% $10,067
    M/I FINANCIAL, LLC 17 4.46% $11,639
    Bank of England 17 5.01% $10,466
    Corporate Investors Mortgage Group, Inc. 17 4.21% $11,867
    KBHS HOME LOANS, LLC 17 4.46% $9,060
    Sierra Pacific Mortgage Company, Inc. 16 4.95% $6,816
    EVERETT FINANCIAL, INC. 16 4.94% $7,513
    GUARANTEED RATE AFFINITY, LLC 16 4.55% $6,991
    AMERIFIRST FINANCIAL CORPORATION 16 5.16% $6,611
    Renasant Bank 16 4.40% $7,666
    Regions Bank 15 4.52% $9,407
    ON Q FINANCIAL, INC. 15 3.76% $5,716
    TJC Mortgage, Inc. 14 4.26% $8,219
    Fifth Third Bank 14 4.14% $5,376
    The Fidelity Bank 14 4.28% $12,064
    NP, Inc. 14 2.69% $7,327
    PREMIA MORTGAGE, LLC 14 4.16% $5,032
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 14 3.76% $4,760
    BAY EQUITY LLC 14 4.75% $11,604
    Southern Bank and Trust Company 13 3.90% $4,549
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 13 5.02% $14,299
    Plains Commerce Bank 13 5.31% $7,474
    First Bank 13 3.74% $6,526
    C & F Mortgage Corporation 12 5.04% $7,959
    South State Bank 12 4.04% $6,703
    Credence Funding Corporation 12 3.11% $4,238
    CityWorth Mortgage LLC 12 4.44% $8,075
    Colten Mortgage, LLC 12 4.43% $11,835
    RESIDENTIAL BANCORP 12 4.58% $9,473
    Bank of America 12 3.85% $7,965
    JPMorgan Chase Bank 11 5.04% $7,993
    POLARIS HOME FUNDING CORP. 11 5.24% $9,713
    Sunflower Bank 11 4.41% $8,832
    MICHIGAN MUTUAL, INC. 10 5.33% $8,502
    EMBRACE HOME LOANS, INC. 10 4.51% $10,571
    EMM LOANS LLC 10 5.04% $11,623
    ZILLOW HOME LOANS, LLC 10 5.10% $15,023
    First Mortgage Solutions, LLC 10 3.07% $10,279
    First National Bank of Pennsylvania 10 4.58% $9,906
    George Mason Mortgage, LLC 10 4.73% $9,044
    HAMILTON HOME LOANS, INC. 10 4.42% $6,118
    HUNT MORTGAGE CORPORATION 10 5.39% $8,833
    RADIUS FINANCIAL GROUP INC. 10 4.74% $8,922
    Meridian Bank Corporation 10 4.70% $10,067
    MID AMERICA MORTGAGE, INC. 10 3.60% $3,253
    MORTGAGE FINANCIAL GROUP, INC. 10 5.50% $12,610
    NATIONS DIRECT MORTGAGE, LLC 10 4.66% $10,203
    NETWORK CAPITAL FUNDING CORPORATION 10 5.55% $8,105
    PHH Mortgage Corporation 10 4.40% $5,916
    Capital Bank 9 4.44% $5,002
    AMERICAN FINANCIAL RESOURCES, INC. 9 5.14% $5,042
    Amerifirst Financial, Inc. 9 4.78% $6,264
    M&T Bank 9 4.53% $4,948
    SOUTHWEST STAGE FUNDING, LLC 9 5.44% $2,682
    SHELTER HOME MORTGAGE, LLC 9 4.37% $6,158
    Community First National Bank 9 4.83% $10,062
    Integrity Home Mortgage Corp 9 6.04% $7,654
    BELEM SERVICING LLC 9 2.63% $8,773
    FIRST EQUITY MORTGAGE INCORPORATED 9 4.08% $10,806
    ARC HOME LLC 9 3.74% $8,590
    Cornerstone First Mortgage, Inc 8 4.19% $10,725
    PREMIER LENDING, INC. 8 4.86% $14,058
    Century Mortgage Company DBA Century Lending Company 8 4.50% $15,213
    GENEVA FINANCIAL, LLC 8 5.47% $14,477
    FAIR WAY LENDING LLC 8 4.67% $7,516
    Shamrock Home Loans, Inc. 7 5.57% $12,170
    Towne Mortgage, LLC 7 4.98% $11,195
    Paramount Bank 7 4.48% $12,899
    HOMESTEAD FUNDING CORP. 7 4.88% $6,435
    KELLER MORTGAGE, LLC 7 4.63% $11,460
    FBC MORTGAGE, LLC 7 5.28% $5,697
    FIRST COMMUNITY MORTGAGE, INC. 7 3.96% $12,867
    Encompass Lending Group, LP 7 4.61% $6,552
    NewTowne Mortgage, LLC 6 5.33% $12,487
    LADERA LENDING, INC. 6 3.98% $14,926
    TOP FLITE FINANCIAL, INC. 6 5.79% $16,431
    VELOCIO MORTGAGE L.L.C. 6 4.52% $17,253
    FLAT BRANCH MORTGAGE, INC. 6 4.92% $8,590
    ALLIED MORTGAGE GROUP, INC. 6 5.42% $6,549
    CITY FIRST MORTGAGE SERVICES, L.L.C. 6 6.38% $9,894
    Victorian Finance, LLC 6 3.69% $5,967
    Pinnacle Bank 6 4.71% $11,139
    FEDERATED MORTGAGE CORP. 5 5.22% $8,302
    NEW FED MORTGAGE, CORP. 5 5.43% $9,746
    NATIONWIDE MORTGAGE BANKERS, INC. 5 5.00% $9,119
    DRAPER AND KRAMER MORTGAGE CORP. 5 4.73% $10,640
    NBH Bank 5 4.27% $9,576
    Service Federal Credit Union 5 4.23% $4,965
    NTFN, INC. 5 5.38% $9,066
    CALCON MUTUAL MORTGAGE LLC 5 4.13% $16,286
    AMCAP MORTGAGE, LTD. 5 5.38% $10,237
    S1L, Inc. 4 4.78% $9,985
    RUOFF MORTGAGE COMPANY, INC. 4 4.75% $7,407
    THRIVE MORTGAGE, LLC 4 4.81% $11,295
    LIBERTY HOME MORTGAGE CORPORATION 4 5.84% $12,409
    Wolfe Financial, Inc 4 5.63% $9,215
    PANORAMA MORTGAGE GROUP, LLC 4 5.44% $9,432
    DIRECT MORTGAGE LOANS, LLC 4 4.63% $11,886
    GSF Mortgage Corporation 4 6.00% $8,819
    RESIDENTIAL HOME FUNDING CORP. 4 5.09% $10,246
    United Bank 4 4.94% $3,081
    PREMIER MORTGAGE RESOURCES, L.L.C. 4 5.91% $13,949
    SOUTHWEST FUNDING, LP 4 5.22% $10,913
    MIDLAND MORTGAGE CORPORATION 4 4.91% $11,912
    FirstBank 4 3.65% $4,567
    The Huntington National Bank 4 4.59% $6,846
    First Savings Bank 4 3.69% $8,095
    GUARANTY HOME MORTGAGE CORPORATION 4 5.47% $4,726
    AmRes Corporation 4 4.22% $10,795
    SIRVA MORTGAGE, INC. 4 4.84% $8,319
    LOANFLIGHT LENDING, LLC 4 3.44% $5,707
    Mutual Federal Bank 4 4.94% $21,261
    Uwharrie Bank 4 3.75% $7,350
    LEADERONE FINANCIAL CORPORATION 3 5.58% $12,463
    First Federal Bank of Kansas City 3 3.29% $4,456
    First Home Bank 3 4.21% $9,688
    Goldwater Bank, N.A. 3 4.75% $12,845
    JMJ FINANCIAL GROUP 3 4.92% $5,695
    1ST SIGNATURE LENDING, LLC 3 5.38% $10,946
    Lend Smart Mortgage, LLC 3 6.08% $15,605
    MANN FINANCIAL INC. 3 4.25% $5,247
    MILEND, INC. 3 4.67% $14,224
    Mortgage Lenders Investment Trading Corporation 3 4.63% $9,350
    MORTGAGEONE, INC. 3 5.79% $13,012
    NATIONS RELIABLE LENDING, LLC 3 4.37% $5,619
    OAKTREE FUNDING CORP. 3 5.50% $19,413
    OPEN MORTGAGE, LLC 3 4.46% $7,857
    Peoples Bank 3 5.54% $14,149
    Presidential Bank, FSB 3 4.92% $11,988
    ROSS MORTGAGE CORPORATION 3 6.13% $7,871
    ROYAL UNITED MORTGAGE LLC 3 4.04% $15,549
    SUMMIT FUNDING, INC. 3 4.21% $7,256
    TOTAL MORTGAGE SERVICES, LLC 3 4.75% $7,201
    US MORTGAGE CORPORATION 3 4.50% $5,548
    VAN DYK MORTGAGE CORPORATION 3 5.58% $8,086
    Waterstone Mortgage Corporation 3 4.21% $13,522
    SOUTHPOINT FINANCIAL SERVICES, INC. 2 5.13% $11,869
    TD Bank 2 3.06% $3,043
    BOKF 2 5.75% $10,125
    First Internet Bank of Indiana 2 5.13% $4,801
    F&M Bank 2 4.69% $7,888
    Shea Mortgage Inc. 2 6.31% $1,957
    BEST CAPITAL FUNDING 2 3.38% $10,588
    FIDELITY BANK 2 4.19% $9,204
    UNITED MORTGAGE CORP 2 5.31% $12,032
    BAYSHORE MORTGAGE FUNDING, LLC 2 6.19% $4,510
    HOMEOWNERS FINANCIAL GROUP USA, LLC 2 5.63% $10,801
    HANCOCK MORTGAGE PARTNERS, LLC 2 6.31% $5,320
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 4.38% $11,276
    BANKSOUTH MORTGAGE COMPANY, LLC 2 4.68% $14,820
    ABSOLUTE HOME MORTGAGE CORPORATION 2 4.19% $4,265
    Loan Simple, Inc. 2 4.00% $3,655
    Austin Capital Bank SSB 2 4.50% $6,010
    Academy Bank 2 5.13% $9,457
    Atlantic Union Bank 2 4.31% $8,920
    APEX HOME LOANS, INC. 2 3.94% $11,883
    AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 2 3.13% $8,254
    American National Bank and Trust Company 2 4.69% $11,027
    Colonial Savings, F.A. 2 5.69% $6,847
    Tidewater Home Funding, LLC 2 3.94% $15,469
    OCMBC, INC. 2 6.25% $11,317
    First Palmetto Bank 2 5.00% $19,053
    CIS Financial Services, Inc. 2 4.50% $5,129
    Evolve Bank & Trust 2 4.88% $8,239
    Princeton Mortgage Corporation 2 4.00% $7,565
    First Option Mortgage, LLC 2 5.00% $5,585
    MY MORTGAGE, INC. 2 4.06% $9,967
    INLAND BANK & TRUST 2 5.50% $17,403
    FIDELITY DIRECT MORTGAGE, LLC 1 5.25% $16,353
    STEARNS LENDING, LLC 1 2.38% $2,836
    STOCKTON MORTGAGE CORPORATION 1 6.25% $3,625
    Stride Bank 1 5.13% $4,023
    FEDEX EMPLOYEES CREDIT ASSOCIATION 1 5.00% $9,783
    Exchange Bank 1 3.25% $7,098
    Willamette Valley Bank 1 2.75% $14,253
    ENVOY MORTGAGE, LTD 1 6.63% $7,677
    SWBC MORTGAGE CORPORATION 1 5.25% $4,679
    Dollar Bank, Federal Savings Bank 1 4.50% $6,257
    TBI MORTGAGE COMPANY 1 3.63% $9,894
    DELMAR FINANCIAL COMPANY 1 3.75% $8,889
    The Camden National Bank 1 5.25% $3,125
    DATA MORTGAGE, INC. 1 4.75% $14,149
    CRESCENT MORTGAGE COMPANY 1 3.25% $10,036
    Countybank 1 5.13% $4,496
    The Freedom Bank of Virginia 1 5.38% $20,377
    Congressional Bank 1 2.75% $5,989
    Colony Bank 1 4.75% $11,793
    The Union Bank Company 1 5.63% $9,587
    Citibank 1 3.00% $12,941
    Chickasaw Community Bank 1 2.75% $3,630
    Acre Mortgage and Financial Inc 1 3.75% $7,368
    CASTLE & COOKE MORTGAGE, LLC 1 2.75% $31,524
    Towne First Mortgage, LLC 1 3.00% $11,630
    Capital City Home Loans, LLC 1 4.38% $3,332
    CANOPY MORTGAGE, LLC 1 3.25% $21,841
    Beverly - Hanks Mortgage Services, Inc. 1 3.75% $1,325
    Trustmark National Bank 1 4.50% $12,779
    BETTER MORTGAGE CORPORATION 1 2.75% $3,206
    Bell Bank 1 3.63% $3,565
    UNIVERSAL MORTGAGE & FINANCE, INC. 1 4.25% $16,249
    UNIVERSITY LENDING GROUP, LLC 1 4.88% $17,366
    BAY CAPITAL MORTGAGE CORPORATION 1 3.25% $19,416
    WRIGHT-PATT CREDIT UNION, INC. 1 5.13% $2,251
    Bank of Tennessee 1 4.25% $3,299
    V.I.P. MORTGAGE, INC. 1 5.25% $5,535
    Watermark Capital, Inc. 1 4.63% $4,244
    PIKE CREEK MORTGAGE SERVICES, INC. 1 4.25% $11,524
    NJ LENDERS CORP. 1 4.13% $14,493
    NEWPORT NEWS SHIPBUILDING EMPLOYEES 1 4.50% $2,139
    Network Funding, L.P. 1 4.75% $7,775
    Platinum Home Mortgage Corporation 1 5.75% $12,974
    MORTGAGE INVESTORS GROUP, INC. 1 3.88% $4,266
    Mortgage Network, Inc. 1 3.63% $5,254
    MORTGAGE EQUITY PARTNERS LLC 1 4.63% $9,443
    MORIA DEVELOPMENT, INC. 1 5.13% $11,821
    Midwest BankCentre 1 2.50% $10,236
    MID-ISLAND MORTGAGE CORP. 1 3.75% $8,304
    Prime Choice Funding Inc. 1 3.63% $22,791
    LENOX FINANCIAL MORTGAGE CORPORATION 1 4.75% $20,370
    LEGEND LENDING CORPORATION 1 7.13% $20,957
    Leader Bank 1 3.88% $10,155
    LANGLEY 1 3.88% $3,797
    LAND HOME FINANCIAL SERVICES, INC. 1 4.75% $16,918
    KeyBank 1 4.38% $9,413
    ISERVE RESIDENTIAL LENDING, LLC 1 5.75% $14,912
    INTERLINC MORTGAGE SERVICES, LLC 1 5.25% $28,287
    INTERCAP LENDING INC. 1 2.25% $2,726
    Independent Bank 1 4.75% $20,111
    AMERICAN ADVISORS GROUP 1 3.75% $6,246
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 2.75% $10,582
    Advisors Mortgage Group, L.L.C. 1 3.63% $15,250
    Sabine State Bank and Trust Company 1 3.50% $9,593
    GMFS LLC 1 5.63% $12,125
    GEO-CORP, INC. 1 2.50% $4,396
    F & M BANK CORP. 1 2.75% $8,959
    Servion, Inc. 1 4.75% $3,372
    First Western Trust Bank 1 5.13% $9,539
    First United Bank and Trust Company 1 4.88% $3,940
    FIRST SAVINGS MORTGAGE CORPORATION 1 5.25% $17,917
    SOUTH CENTRAL BANK, INC. 1 7.13% $3,217
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 3.75% $11,462
    Southern First Bank 1 3.75% $2,157
    FIRST MORTGAGE COMPANY, INC. 1 5.63% $9,828
    First Bank & Trust 1 5.25% $11,970

    The top North Carolina VA lender as defined by loan originations is Mortgage Research Center, LLC, with 4,464 VA loans originated. Their average total fees are $7,777, which is $2,892 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee North Carolina VA lenders (with over 10 loans originated) are CAPITAL CENTER, L.L.C. ($3,123), MID AMERICA MORTGAGE, INC. ($3,253), Credence Funding Corporation ($4,238), Southern Bank and Trust Company ($4,549) and CREDIT UNION MORTGAGE ASSOCIATION, INC. ($4,760).

    The lowest rate North Carolina VA lenders (with over 10 loans originated) are NP, Inc. (2.69%), First Mortgage Solutions, LLC (3.07%), Credence Funding Corporation (3.11%), CAPITAL CENTER, L.L.C. (3.31%) and PENNYMAC LOAN SERVICES, LLC (3.51%).

    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.