Nebraska VA Loan Rates, Closing Costs & Stats

Nebraska

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.

Nebraska VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Nebraska averaged -0.42% for the week of 2023-11-24, compared to the national average (all VA variants) of 0% for the same period.

Nebraska's average VA mortgage closing costs are $4,925.

The average rate for the prior week (2023-11-17) was 6.63% and one month ago for the week of 2023-10-20, the average rate was 7.06%.

The average rate one year ago was 6.27%.

For refis of the same type during the week of 2023-11-24, the average rate was -1.05%.

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

Nebraska 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 Nebraska level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 647 5.05% $6,440
QUICKEN LOANS, LLC 206 4.26% $9,108
FREEDOM MORTGAGE CORPORATION 123 4.32% $9,681
NAVY FEDERAL CREDIT UNION 117 4.09% $6,172
USAA Federal Savings Bank 102 4.28% $7,262
CHARTER WEST BANK 99 4.72% $7,809
UNITED WHOLESALE MORTGAGE, LLC 88 4.25% $7,251
NEW DAY FINANCIAL, LLC 82 5.16% $8,691
PENNYMAC LOAN SERVICES, LLC 78 3.42% $8,078
NEWREZ LLC 74 4.25% $7,960
CMG MORTGAGE, INC. 67 4.84% $8,194
ARK-LA-TEX FINANCIAL SERVICES, LLC. 67 4.69% $10,619
Core Bank 67 4.59% $7,425
Prosperity Home Mortgage, LLC 66 4.64% $6,708
First National Bank of Omaha 60 4.59% $7,026
West Gate Bank 59 4.28% $5,955
LOANDEPOT.COM, LLC 55 4.08% $8,149
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 52 4.98% $8,423
Regent Financial Group, Inc. 52 4.75% $9,694
Lincoln FSB of Nebraska 51 4.19% $6,722
PENTAGON FEDERAL CREDIT UNION 45 4.13% $8,019
MORIA DEVELOPMENT, INC. 41 5.15% $9,803
Wells Fargo Bank 40 4.24% $4,726
GERSHMAN INVESTMENT CORP. 40 4.65% $7,291
Mr. Cooper ( Nationstar Mortgage ) 37 4.76% $7,674
Plains Commerce Bank 37 4.21% $7,633
The Federal Savings Bank 32 5.10% $12,238
Arbor Bank 31 4.10% $7,675
Pinnacle Bank 30 3.81% $5,257
GUILD MORTGAGE COMPANY 28 5.00% $8,573
Access Bank 27 4.90% $7,348
DHI MORTGAGE COMPANY, LTD. 27 4.26% $11,327
CALIBER HOME LOANS, INC. 26 4.53% $8,004
VERIDIAN CREDIT UNION 24 3.97% $5,374
Flagstar Bank, FSB 24 3.74% $6,210
CLEARPATH LENDING 22 3.31% $11,243
CHURCHILL MORTGAGE CORPORATION 20 4.61% $6,971
BROKER SOLUTIONS, INC. 20 5.19% $10,945
Gateway First Bank 20 4.78% $6,629
U.S. Bank 20 4.70% $6,276
MUTUAL OF OMAHA MORTGAGE, INC. 19 4.63% $11,645
AMERISAVE MORTGAGE CORPORATION 17 4.81% $9,621
Citizens Bank 16 4.50% $7,876
Barrington Bank & Trust Company, N.A. 16 4.58% $7,952
HOME POINT FINANCIAL CORPORATION 16 4.42% $7,452
AMCAP MORTGAGE, LTD. 15 4.80% $11,168
First Bank 15 4.41% $7,637
MOVEMENT MORTGAGE, LLC 14 4.48% $6,343
NBKC BANK 14 4.10% $5,951
LAKEVIEW LOAN SERVICING, LLC 14 3.70% $5,495
VILLAGE CAPITAL MORTGAGE 13 4.10% $7,504
LIBERTY FIRST 13 4.07% $5,824
CENTRIS FEDERAL CREDIT UNION 12 4.25% $5,995
First State Bank 12 4.41% $7,489
GUARANTEED RATE, INC. 11 5.21% $6,659
CASTLE & COOKE MORTGAGE, LLC 11 4.60% $8,281
American National Bank 11 5.18% $6,305
Cobalt Credit Union 10 3.90% $4,920
Magnolia Bank 8 5.08% $12,614
DELMAR FINANCIAL COMPANY 8 4.00% $8,853
Armed Forces Bank 8 4.27% $9,484
Frontier Bank 8 3.30% $5,494
AMERICAN FINANCING CORPORATION 7 3.91% $5,381
North American Savings Bank, F.S.B. 7 5.18% $8,165
MORTGAGE SOLUTIONS OF COLORADO, LLC 7 6.23% $12,660
Union Bank and Trust Company 7 5.30% $8,904
CROSSCOUNTRY MORTGAGE, LLC 6 4.88% $7,455
Financial Funding Solutions, Inc. 6 4.96% $4,875
BNC National Bank 5 3.58% $4,156
Security First Bank 5 3.63% $4,760
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 4.83% $4,013
Wyndham Capital Mortgage, Inc. 4 3.19% $6,004
Home Federal Savings & Loan Association of Grand Island 4 4.75% $5,606
Low VA Rates, LLC 4 5.31% $8,934
PLANET HOME LENDING, LLC 4 4.00% $3,975
SOVEREIGN LENDING GROUP INCORPORATED 3 4.17% $9,744
UNION HOME MORTGAGE CORP. 3 4.96% $7,014
Adams Bank & Trust 3 5.58% $7,107
Texana Bank 3 4.04% $9,209
FLAT BRANCH MORTGAGE, INC. 3 3.75% $5,202
U.S. HOME MORTGAGE, INC. 3 4.96% $7,022
BAY EQUITY LLC 2 5.69% $4,776
Paramount Residential Mortgage Group, Inc. 2 4.75% $13,032
CARDINAL FINANCIAL 2 3.19% $6,676
First Interstate Bank 2 4.31% $4,031
S1L, Inc. 2 4.19% $14,591
Allied First Bank,sb 2 4.31% $8,408
First Guaranty Mortgage Corporation 2 3.94% $5,482
Servion, Inc. 2 5.25% $10,339
Nations Lending Corporation 2 5.13% $11,215
Goldwater Bank, N.A. 2 7.13% $8,769
The Central Trust Bank 2 3.56% $5,725
LEADERONE FINANCIAL CORPORATION 2 5.69% $4,165
PREMIA MORTGAGE, LLC 2 5.88% $2,792
Central National Bank 2 4.25% $13,364
Northpointe Bank 1 5.25% $19,221
NOVA FINANCIAL & INVESTMENT CORPORATION 1 5.49% $4,100
DAS Acquisition Company, LLC 1 4.13% $2,002
Community First National Bank 1 4.75% $6,800
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 5.75% $7,044
CHERRY CREEK MORTGAGE, LLC 1 6.13% $7,475
PLAZA HOME MORTGAGE, INC. 1 5.63% $1,581
PNC Bank 1 2.75% $4,086
CENTENNIAL LENDING, LLC 1 3.13% $14,318
Carrington Mortgage Services, LLC 1 5.00% $6,494
RESIDENTIAL BANCORP 1 2.63% $3,548
Capital Bank 1 6.13% $4,295
Service Federal Credit Union 1 5.75% $5,053
SIRVA MORTGAGE, INC. 1 4.50% $3,672
Sunflower Bank 1 4.49% $2,065
CALCON MUTUAL MORTGAGE LLC 1 5.13% $11,727
The Freedom Bank of Virginia 1 5.25% $18,099
BLUELEAF LENDING, LLC 1 3.25% $1,896
Bank of the West 1 4.00% $9,470
Ameris Bank 1 4.13% $4,306
Amerifirst Financial, Inc. 1 3.75% $8,018
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.13% $11,457
Wallick & Volk, Inc. 1 6.00% $10,124
HOMESIDE FINANCIAL, LLC 1 3.13% $19,141
IMPAC MORTGAGE CORP. 1 4.50% $4,446
Hometown Lenders, Inc. 1 3.88% $6,110
IOWA BANKERS MORTGAGE CORPORATION 1 3.50% $17,918
Jonah Bank of Wyoming 1 4.63% $0
Lakeview Community Capital, LLC 1 5.13% $1,747
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.50% $393
FRONTIER FINANCIAL, INC. 1 5.88% $18,580
AIR ACADEMY 1 2.75% $7,419
First Nebraska Bank 1 5.88% $2,127
Meridian Bank Corporation 1 4.25% $8,475
First Federal Bank of Kansas City 1 3.75% $3,328
First Federal Bank 1 4.63% $4,961
FIRST COMMUNITY MORTGAGE, INC. 1 5.13% $11,562
M&T Bank 1 3.25% $3,437
First Bank & Trust 1 3.38% $4,306
FirstBank 1 2.50% $1,671
FINANCE OF AMERICA MORTGAGE LLC 1 3.88% $23,459
Neighborhood Loans, Inc. 1 4.38% $4,943
EVERETT FINANCIAL, INC. 1 3.13% $905
Equity Prime Mortgage LLC 1 4.88% $26,846
Encompass Lending Group, LP 1 4.75% $8,145

The top Nebraska VA lender as defined by loan originations is Mortgage Research Center, LLC, with 647 VA loans originated. Their average total fees are $6,440, which is $2,668 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Nebraska VA lenders (with over 10 loans originated) are Wells Fargo Bank ($4,726), Cobalt Credit Union ($4,920), Pinnacle Bank ($5,257), VERIDIAN CREDIT UNION ($5,374) and LAKEVIEW LOAN SERVICING, LLC ($5,495).

The lowest rate Nebraska VA lenders (with over 10 loans originated) are CLEARPATH LENDING (3.31%), PENNYMAC LOAN SERVICES, LLC (3.42%), LAKEVIEW LOAN SERVICING, LLC (3.70%), Flagstar Bank, FSB (3.74%) and Pinnacle Bank (3.81%).

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.