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 6.19% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    North Carolina's average VA mortgage closing costs are $5,962.

    The average rate for the prior week (2024-12-06) was 6.33% and one month ago for the week of 2024-11-08, the average rate was 6.42%.

    The average rate one year ago was 6.57%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.09%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 3,573 6.72% $7,177
    NAVY FEDERAL CREDIT UNION 1,494 5.81% $6,451
    UNITED WHOLESALE MORTGAGE, LLC 1,336 6.21% $10,020
    MOVEMENT MORTGAGE, LLC 1,298 6.48% $8,636
    QUICKEN LOANS, LLC 1,154 6.13% $11,263
    FREEDOM MORTGAGE CORPORATION 668 6.56% $13,356
    DHI MORTGAGE COMPANY, LTD. 578 5.38% $5,956
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 539 6.53% $8,565
    PENNYMAC LOAN SERVICES, LLC 498 5.64% $9,267
    GUARANTEED RATE, INC. 483 6.23% $7,209
    USAA Federal Savings Bank 480 6.18% $9,148
    LOANDEPOT.COM, LLC 469 6.06% $10,623
    CROSSCOUNTRY MORTGAGE, LLC 398 6.62% $9,182
    American Security Mortgage Corp. 371 6.16% $9,508
    NEW DAY FINANCIAL, LLC 348 7.45% $12,468
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 278 6.57% $7,650
    NEWREZ LLC 274 6.50% $8,741
    UNION HOME MORTGAGE CORP. 267 6.60% $9,398
    The Federal Savings Bank 258 6.38% $17,033
    CORNERSTONE HOME LENDING, INC. 248 6.26% $8,406
    JET HOMELOANS, LLC 241 6.06% $8,983
    GUILD MORTGAGE COMPANY 214 6.59% $7,439
    MORTGAGE SOLUTIONS OF COLORADO, LLC 189 7.41% $5,463
    Mr. Cooper ( Nationstar Mortgage ) 172 5.93% $14,830
    NVR Mortgage Finance, Inc. 163 5.57% $7,908
    VILLAGE CAPITAL MORTGAGE 163 6.13% $10,698
    INTERCOASTAL MORTGAGE COMPANY 163 6.42% $8,638
    GoPrime Mortgage, Inc. 160 6.14% $9,875
    PENTAGON FEDERAL CREDIT UNION 154 5.75% $8,815
    NFM, INC. 153 6.39% $10,749
    Wells Fargo Bank 152 5.76% $7,046
    CMG MORTGAGE, INC. 150 6.22% $9,790
    CARDINAL FINANCIAL 137 6.68% $14,143
    BROKER SOLUTIONS, INC. 124 6.52% $11,248
    Prosperity Home Mortgage, LLC 122 6.09% $11,783
    Truist 118 5.96% $8,016
    SOUTHERN TRUST MORTGAGE, LLC 113 6.44% $11,511
    PLAZA HOME MORTGAGE, INC. 112 6.31% $8,419
    Alcova Mortgage LLC 111 6.54% $8,371
    ACADEMY MORTGAGE CORPORATION 111 6.45% $10,700
    MUTUAL OF OMAHA MORTGAGE, INC. 103 6.24% $10,005
    AMERISAVE MORTGAGE CORPORATION 97 5.78% $15,851
    Barrington Bank & Trust Company, N.A. 96 6.50% $8,983
    EAGLE HOME MORTGAGE, LLC 91 5.96% $5,742
    Towne Bank 84 6.23% $11,747
    Mid-Continent Funding, Inc. 83 6.47% $10,222
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 74 6.65% $9,826
    Integrity Home Mortgage Corp 73 6.61% $7,477
    Plains Commerce Bank 72 6.06% $10,136
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 71 6.51% $9,171
    HOMESIDE FINANCIAL, LLC 70 6.68% $8,939
    SeaTrust Mortgage Company 69 6.59% $8,389
    NBKC BANK 69 5.90% $7,228
    RELIANCE FIRST CAPITAL, LLC 62 6.52% $11,812
    HOMESPIRE MORTGAGE CORPORATION 61 6.63% $6,695
    PRIMELENDING, A PLAINSCAPITAL COMPANY 61 6.42% $7,507
    MATTAMY HOME FUNDING, LLC 60 5.76% $8,100
    INSPIRE HOME LOANS INC. 60 5.98% $6,631
    Flagstar Bank, FSB 53 6.39% $9,216
    Equity Prime Mortgage LLC 52 6.92% $8,627
    Ameris Bank 49 6.35% $8,295
    VANDERBILT MORTGAGE AND FINANCE, INC. 49 6.08% $5,083
    Atlantic Coast Mortgage, LLC 49 6.26% $9,205
    FBC MORTGAGE, LLC 47 5.77% $5,945
    PULTE MORTGAGE LLC 45 5.67% $5,458
    Armed Forces Bank 44 5.98% $10,260
    Magnolia Bank 44 6.25% $17,652
    HOMEBRIDGE FINANCIAL SERVICES, INC. 43 6.35% $9,092
    LOANPAL, LLC 42 6.03% $13,520
    Northpointe Bank 42 6.59% $8,433
    SECURITYNATIONAL MORTGAGE COMPANY 39 6.23% $11,115
    Nations Lending Corporation 38 6.63% $8,361
    HOWARD HANNA FINANCIAL SERVICES, INC. 37 6.58% $7,554
    Encompass Lending Group, LP 37 6.28% $12,701
    Paramount Residential Mortgage Group, Inc. 36 6.42% $8,589
    Sierra Pacific Mortgage Company, Inc. 36 6.14% $10,312
    LAKEVIEW LOAN SERVICING, LLC 35 5.93% $12,128
    VELOCIO MORTGAGE L.L.C. 34 5.91% $9,585
    PLANET HOME LENDING, LLC 33 6.22% $7,927
    EQUITY RESOURCES, INC. 33 6.44% $7,885
    First Heritage Mortgage, LLC 32 6.25% $11,569
    HOMESTAR FINANCIAL CORPORATION 32 6.54% $6,873
    Blue Ridge Bank 32 6.69% $8,477
    Towne Mortgage of the Carolinas, LLC 31 6.33% $10,006
    First Federal Bank 30 6.24% $8,557
    MICHIGAN MUTUAL, INC. 30 5.95% $8,870
    SUN WEST MORTGAGE COMPANY, INC. 30 6.53% $8,349
    AMERICAN FINANCIAL NETWORK, INC. 30 6.45% $10,688
    ZILLOW HOME LOANS, LLC 29 6.38% $9,273
    CONTOUR MORTGAGE CORPORATION 28 6.31% $12,482
    The Central Trust Bank 28 6.11% $10,157
    VERITAS FUNDING, LLC 27 6.61% $17,314
    North State Bank 27 5.98% $7,651
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 27 6.59% $10,273
    T2 FINANCIAL LLC 27 6.75% $8,056
    TIDEWATER MORTGAGE SERVICES, INC. 27 6.47% $12,337
    MILEND, INC. 26 6.98% $15,599
    GUARANTEED RATE AFFINITY, LLC 25 6.37% $6,735
    Renasant Bank 24 6.20% $7,795
    U.S. Bank 24 6.27% $9,049
    FIRST HOME MORTGAGE CORPORATION 22 6.72% $8,785
    CALIBER HOME LOANS, INC. 22 6.14% $8,990
    AMERICAN PACIFIC MORTGAGE CORPORATION 21 6.55% $10,212
    BNC National Bank 20 5.52% $10,558
    SUCCESS MORTGAGE PARTNERS, INC. 20 6.51% $11,893
    Corporate Investors Mortgage Group, Inc. 20 6.56% $10,792
    EMM LOANS LLC 19 5.98% $17,248
    First-Citizens Bank & Trust Company 19 6.32% $7,161
    KBHS HOME LOANS, LLC 19 5.80% $12,498
    CHURCHILL MORTGAGE CORPORATION 18 6.44% $12,299
    CBM Mortgage, Inc. 18 6.36% $10,759
    CITY FIRST MORTGAGE SERVICES, L.L.C. 16 6.53% $7,069
    Citizens Bank 16 6.24% $6,920
    PRIMARY RESIDENTIAL MORTGAGE, INC. 16 6.60% $10,942
    United Community Bank 16 6.23% $9,932
    South Pacific Financial Corporation 16 5.79% $7,668
    TOWNE MORTGAGE COMPANY 16 6.37% $8,962
    DAS Acquisition Company, LLC 15 6.65% $8,264
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 14 6.63% $7,706
    Keystone Funding, Inc. 14 5.85% $12,199
    SOVEREIGN LENDING GROUP INCORPORATED 13 5.92% $14,187
    Gateway First Bank 13 6.47% $7,732
    Century Mortgage Company DBA Century Lending Company 13 5.64% $12,833
    AMERICAN FINANCIAL RESOURCES, INC. 13 6.74% $7,413
    GSF Mortgage Corporation 13 6.13% $9,394
    M/I FINANCIAL, LLC 13 5.84% $16,500
    LADERA LENDING, INC. 13 6.69% $16,561
    RESOURCE FINANCIAL SERVICES, INC. 12 6.32% $8,498
    FIRST EQUITY MORTGAGE INCORPORATED 12 5.88% $11,788
    MORTGAGEONE, INC. 12 7.16% $6,571
    Capital Bank 12 6.05% $8,268
    Lakeview Community Capital, LLC 12 6.15% $10,321
    North American Savings Bank, F.S.B. 11 5.59% $8,420
    JPMorgan Chase Bank 11 6.18% $8,723
    DELMAR FINANCIAL COMPANY 11 6.57% $8,257
    FIRST COMMUNITY MORTGAGE, INC. 11 6.60% $10,530
    AMERICAN FINANCING CORPORATION 11 6.14% $13,887
    CAPITAL CENTER, L.L.C. 11 6.36% $5,681
    Southern Bank and Trust Company 10 6.09% $7,122
    Fifth Third Bank 10 6.43% $4,841
    First Horizon Bank 10 6.11% $12,213
    Advance Financial Group, LLC 10 6.14% $14,199
    Pinnacle Bank 10 6.38% $10,571
    Strong Home Mortgage, LLC 10 5.97% $7,187
    Presidential Bank, FSB 10 6.09% $12,542
    Shamrock Home Loans, Inc. 10 6.41% $6,104
    Bank of England 10 6.44% $9,980
    ON Q FINANCIAL, INC. 9 6.86% $5,860
    PNC Bank 9 6.21% $6,112
    Tidewater Home Funding, LLC 9 6.21% $6,502
    RAPID MORTGAGE COMPANY 9 6.78% $18,157
    American Mortgage & Equity Consultants, Inc. 9 6.68% $7,616
    NTFN, INC. 9 6.22% $6,355
    BAY EQUITY LLC 8 6.26% $11,229
    First Bank 8 5.97% $7,247
    Regions Bank 8 6.28% $5,779
    United Bank 8 6.28% $5,239
    First National Bank of Pennsylvania 8 6.41% $9,692
    George Mason Mortgage, LLC 8 6.42% $10,025
    TJC Mortgage, Inc. 8 6.20% $12,221
    Carrington Mortgage Services, LLC 8 5.70% $4,216
    Wyndham Capital Mortgage, Inc. 8 5.50% $11,962
    NETWORK CAPITAL FUNDING CORPORATION 8 5.66% $17,593
    AmeriHome Mortgage Company, LLC 7 6.57% $7,711
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 7 6.82% $4,856
    Allen Tate Mortgage Partners, LLC 7 6.07% $6,148
    1ST SIGNATURE LENDING, LLC 7 6.77% $9,198
    POLARIS HOME FUNDING CORP. 7 6.68% $11,411
    ACOPIA, LLC 7 6.71% $7,916
    HUNT MORTGAGE CORPORATION 7 6.04% $7,551
    Uwharrie Bank 7 6.16% $10,862
    The Fidelity Bank 7 6.71% $8,379
    Truliant Federal Credit Union 6 6.58% $5,224
    CALCON MUTUAL MORTGAGE LLC 6 6.83% $15,611
    NATIONWIDE MORTGAGE BANKERS, INC. 6 6.92% $13,989
    PHH Mortgage Corporation 6 6.52% $7,369
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 6 6.15% $8,244
    RADIUS FINANCIAL GROUP INC. 6 6.67% $13,196
    EVERETT FINANCIAL, INC. 6 6.50% $11,223
    SFMC, LP 6 7.14% $18,471
    Credence Funding Corporation 6 5.73% $6,953
    TOP FLITE FINANCIAL, INC. 6 6.75% $18,429
    BAYSHORE MORTGAGE FUNDING, LLC 6 6.88% $11,237
    Wolfe Financial, Inc 5 6.80% $5,844
    NATIONS DIRECT MORTGAGE, LLC 5 6.68% $9,429
    Ixonia Bank 5 6.38% $8,865
    SWBC MORTGAGE CORPORATION 5 6.35% $9,528
    ROYAL UNITED MORTGAGE LLC 5 6.83% $17,081
    MDE Home Loans, LLC 5 6.00% $8,104
    GENEVA FINANCIAL, LLC 5 6.53% $8,139
    Sunflower Bank 5 6.15% $7,840
    Residential Mortgage Solutions, Inc. 5 7.20% $10,945
    Towne Mortgage, LLC 5 6.55% $8,615
    SOUTHWEST STAGE FUNDING, LLC 5 7.15% $6,261
    PREMIA MORTGAGE, LLC 5 5.55% $4,177
    LEGEND LENDING CORPORATION 5 6.48% $21,216
    PREMIER LENDING, INC. 5 6.83% $8,989
    M&T Bank 5 6.18% $8,273
    FIRST SAVINGS MORTGAGE CORPORATION 4 6.00% $7,538
    AMCAP MORTGAGE, LTD. 4 6.69% $8,011
    HOMESTEAD FUNDING CORP. 4 6.19% $11,774
    HOMEOWNERS FINANCIAL GROUP USA, LLC 4 6.31% $9,697
    CityWorth Mortgage LLC 4 6.00% $10,763
    Meridian Bank Corporation 4 7.16% $11,243
    MID AMERICA MORTGAGE, INC. 4 6.69% $15,397
    F&M Bank 4 6.13% $10,385
    First Western Trust Bank 4 5.81% $12,668
    South State Bank 4 6.09% $6,081
    NATIONS RELIABLE LENDING, LLC 4 6.31% $15,678
    Platinum Home Mortgage Corporation 4 6.75% $3,186
    RESIDENTIAL HOME FUNDING CORP. 4 5.72% $5,864
    First Savings Bank 3 6.00% $19,321
    EMBRACE HOME LOANS, INC. 3 6.50% $9,386
    MORTGAGE FINANCIAL GROUP, INC. 3 6.79% $3,410
    MORTGAGE EQUITY PARTNERS LLC 3 7.00% $9,968
    RESIDENTIAL BANCORP 3 6.33% $9,506
    THRIVE MORTGAGE, LLC 3 5.46% $7,942
    ALLIED MORTGAGE GROUP, INC. 3 6.58% $6,867
    TOTAL MORTGAGE SERVICES, LLC 3 6.88% $13,130
    The Loan Store, Inc. 3 6.46% $15,047
    STAUNTON FINANCIAL, INC. 3 5.96% $8,470
    FIDELITY DIRECT MORTGAGE, LLC 3 7.21% $9,206
    CANOPY MORTGAGE, LLC 3 6.41% $6,806
    Waterstone Mortgage Corporation 3 6.83% $7,861
    DIRECT MORTGAGE LOANS, LLC 3 6.29% $13,839
    HARBORONE MORTGAGE, LLC 2 7.25% $10,204
    DEVELOPER'S MORTGAGE COMPANY 2 6.38% $14,267
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 6.13% $6,322
    Core Bank 2 5.94% $6,811
    FEDERATED MORTGAGE CORP. 2 5.94% $11,110
    First Federal Bank 2 6.25% $7,778
    GUARANTY HOME MORTGAGE CORPORATION 2 6.50% $9,084
    CRESCENT MORTGAGE COMPANY 2 6.56% $6,516
    C & F Mortgage Corporation 2 6.88% $18,157
    JAMS-01, INC. 2 6.38% $16,833
    KELLER MORTGAGE, LLC 2 5.75% $8,296
    Leader Bank 2 7.12% $8,027
    MCLEAN MORTGAGE CORPORATION 2 5.63% $4,253
    MLD MORTGAGE INC. 2 6.63% $6,300
    MORTGAGE ACCESS CORP. 2 5.88% $4,027
    Bell Bank 2 6.38% $7,935
    Network Funding, L.P. 2 5.88% $17,406
    BANKSOUTH MORTGAGE COMPANY, LLC 2 6.06% $15,213
    NEW FED MORTGAGE, CORP. 2 6.00% $16,449
    NJ LENDERS CORP. 2 5.56% $12,066
    Bank of America 2 6.56% $4,468
    NP, Inc. 2 6.69% $7,546
    OCMBC, INC. 2 6.88% $4,121
    Old National Bank 2 5.56% $7,174
    OPEN MORTGAGE, LLC 2 7.50% $3,945
    Paramount Bank 2 7.31% $4,425
    Atlantic Union Bank 2 6.19% $6,048
    American National Bank and Trust Company 2 5.50% $11,531
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 6.50% $5,043
    SIRVA MORTGAGE, INC. 2 6.81% $1,259
    TBI MORTGAGE COMPANY 2 5.63% $14,355
    TD Bank 2 6.63% $7,362
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 2 6.38% $11,395
    Victorian Finance, LLC 2 6.44% $7,423
    ABSOLUTE HOME MORTGAGE CORPORATION 2 7.25% $8,775
    ONY GLO, INC. 1 6.99% $7,262
    RUOFF MORTGAGE COMPANY, INC. 1 6.00% $3,412
    S1L, Inc. 1 6.13% $19,764
    Sandy Spring Bank 1 7.25% $3,164
    Oakstar Bank 1 7.13% $8,242
    Bank Five Nine 1 6.38% $15,324
    Servion, Inc. 1 5.63% $24,260
    NexBank 1 5.63% $10,157
    Bank of Springfield 1 6.13% $7,571
    Shea Mortgage Inc. 1 6.50% $2,374
    BAY CAPITAL MORTGAGE CORPORATION 1 5.63% $12,821
    Watermark Capital, Inc. 1 5.13% $11,922
    NATION ONE MORTGAGE CORPORATION 1 6.75% $14,727
    MY MORTGAGE, INC. 1 6.63% $13,628
    American Bank of Oklahoma 1 6.13% $13,229
    BAY-VALLEY MORTGAGE GROUP 1 6.63% $4,667
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.75% $10,372
    BM Real Estate Services, Inc. 1 7.75% $53
    MORTGAGE INVESTORS GROUP, INC. 1 6.99% $6,075
    MORIA DEVELOPMENT, INC. 1 6.75% $18,583
    MIDLAND MORTGAGE CORPORATION 1 6.75% $12,941
    Stifel Bank and Trust 1 6.50% $14,729
    STOCKTON MORTGAGE CORPORATION 1 7.75% $9,112
    LOANLEADERS OF AMERICA, INC. 1 5.25% $12,800
    LEADERONE FINANCIAL CORPORATION 1 6.63% $6,897
    SUMMIT FUNDING, INC. 1 6.75% $17,094
    LANGLEY 1 6.25% $867
    LAND HOME FINANCIAL SERVICES, INC. 1 5.63% $10,157
    JMJ FINANCIAL GROUP 1 6.25% $20,352
    INTERLINC MORTGAGE SERVICES, LLC 1 6.75% $13,936
    Exchange Bank 1 5.63% $2,910
    DRAPER AND KRAMER MORTGAGE CORP. 1 6.63% $18,675
    INTERCAP LENDING INC. 1 6.38% $15,111
    Chickasaw Community Bank 1 7.75% $13,134
    Hometown Equity Mortgage, LLC 1 5.75% $16,920
    The Freedom Bank of Virginia 1 5.75% $3,759
    City Bank 1 5.50% $25,400
    THE MORTGAGE LINK, INC. 1 5.25% $17,794
    The Park National Bank 1 6.63% $4,851
    HALLMARK HOME MORTGAGE, LLC 1 7.25% $19,998
    Gulf Coast Bank and Trust Company 1 7.13% $4,282
    City National Bank of Florida 1 5.75% $5,667
    Civista Bank 1 6.63% $14,934
    Goldwater Bank, N.A. 1 7.50% $12,400
    Fulton Bank 1 6.25% $10,317
    COMMUNITYAMERICA 1 6.63% $11,454
    Florida Capital Bank 1 6.75% $5,316
    Community First National Bank 1 7.13% $4,367
    First Reliance Bank 1 6.50% $19,715
    First Palmetto Bank 1 5.63% $5,207
    First National Bank Texas 1 5.63% $14,880
    ALAMEDA MORTGAGE CORPORATION 1 6.25% $6,672
    Union Savings Bank 1 6.25% $0
    First National Bank of Omaha 1 6.63% $3,092
    First Internet Bank of Indiana 1 5.49% $3,461
    United Fidelity Funding Corp. 1 6.38% $10,990
    Evolve Bank & Trust 1 5.75% $17,680
    Advisors Mortgage Group, L.L.C. 1 4.88% $221
    First Federal Bank of the Midwest 1 5.88% $8,505
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.75% $13,791
    US MORTGAGE CORPORATION 1 5.75% $19,254
    Fidelity Bank 1 5.75% $12,258
    Farmers Bank & Trust 1 4.75% $11,620
    VAN DYK MORTGAGE CORPORATION 1 6.88% $16,478
    FAIR WAY LENDING LLC 1 5.75% $11,218
    Extraco Banks 1 7.38% $13,368
    Cornerstone First Mortgage, Inc 1 5.50% $14,915
    Academy Bank 1 5.25% $2,938
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.63% $16,499
    AmRes Corporation 1 5.63% $5,444
    ASSEMBLIES OF GOD Credit Union 1 5.25% $10,475
    AXIA FINANCIAL, LLC 1 6.25% $10,219
    V.I.P. MORTGAGE, INC. 1 6.99% $1,673
    PANORAMA MORTGAGE GROUP, LLC 1 5.88% $4,398
    ROSS MORTGAGE CORPORATION 1 7.13% $4,317

    The top North Carolina VA lender as defined by loan originations is Mortgage Research Center, LLC, with 3,573 VA loans originated. Their average total fees are $7,177, which is $726 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

    The lowest fee North Carolina VA lenders (with over 10 loans originated) are Fifth Third Bank ($4,841), VANDERBILT MORTGAGE AND FINANCE, INC. ($5,083), PULTE MORTGAGE LLC ($5,458), MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,463) and CAPITAL CENTER, L.L.C. ($5,681).

    The lowest rate North Carolina VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.38%), BNC National Bank (5.52%), NVR Mortgage Finance, Inc. (5.57%), North American Savings Bank, F.S.B. (5.59%) and PENNYMAC LOAN SERVICES, LLC (5.64%).

    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.