Nebraska VA Loan Rates, Closing Costs & Stats

Nebraska

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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.

    Nebraska VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Nebraska averaged 7.05% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Nebraska's average VA mortgage closing costs are $5,178.

    The average rate for the prior week (2024-04-12) was 6.58% and one month ago for the week of 2024-03-15, the average rate was 6.64%.

    The average rate one year ago was 6.03%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.38%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 561 6.59% $6,121
    QUICKEN LOANS, LLC 139 6.14% $10,393
    NAVY FEDERAL CREDIT UNION 96 5.85% $5,564
    UNITED WHOLESALE MORTGAGE, LLC 74 6.38% $7,731
    GUARANTEED RATE, INC. 74 6.44% $7,815
    CHARTER WEST BANK 63 6.49% $6,513
    First National Bank of Omaha 57 6.54% $8,786
    USAA Federal Savings Bank 57 6.37% $8,507
    Prosperity Home Mortgage, LLC 55 6.35% $5,509
    CMG MORTGAGE, INC. 53 6.34% $8,903
    PENNYMAC LOAN SERVICES, LLC 46 5.67% $9,857
    Lincoln FSB of Nebraska 45 6.29% $5,417
    Access Bank 42 6.41% $8,670
    Core Bank 41 6.09% $7,603
    FREEDOM MORTGAGE CORPORATION 41 6.52% $14,548
    West Gate Bank 41 6.16% $7,172
    DHI MORTGAGE COMPANY, LTD. 36 5.35% $11,197
    GERSHMAN INVESTMENT CORP. 35 6.47% $6,844
    GUILD MORTGAGE COMPANY 35 6.36% $10,617
    NEW DAY FINANCIAL, LLC 35 7.68% $9,188
    MORIA DEVELOPMENT, INC. 31 6.61% $9,153
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 31 6.43% $8,755
    Regent Financial Group, Inc. 31 6.71% $10,222
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 29 6.68% $6,474
    Pinnacle Bank 29 6.32% $5,623
    LOANDEPOT.COM, LLC 28 6.12% $11,942
    NEWREZ LLC 27 6.60% $11,607
    Wells Fargo Bank 24 5.91% $6,244
    The Federal Savings Bank 22 6.52% $16,554
    VERIDIAN CREDIT UNION 21 5.53% $8,860
    Gateway First Bank 19 6.36% $5,370
    MUTUAL OF OMAHA MORTGAGE, INC. 15 6.51% $12,294
    Mr. Cooper ( Nationstar Mortgage ) 15 6.34% $12,152
    Plains Commerce Bank 14 6.41% $3,363
    LIBERTY FIRST 14 6.27% $4,925
    U.S. Bank 13 6.52% $6,733
    MORTGAGE SOLUTIONS OF COLORADO, LLC 13 7.70% $2,243
    First Bank 12 6.30% $5,109
    CHURCHILL MORTGAGE CORPORATION 11 6.61% $12,560
    Citizens Bank 11 6.30% $11,869
    NBKC BANK 11 5.75% $9,263
    Cobalt Credit Union 10 5.54% $4,325
    Paramount Residential Mortgage Group, Inc. 10 6.43% $7,268
    Flagstar Bank, FSB 10 6.46% $7,170
    Barrington Bank & Trust Company, N.A. 10 6.50% $7,442
    PENTAGON FEDERAL CREDIT UNION 9 5.99% $7,068
    BROKER SOLUTIONS, INC. 9 6.18% $11,091
    HOMEBRIDGE FINANCIAL SERVICES, INC. 8 6.86% $6,465
    VILLAGE CAPITAL MORTGAGE 8 6.03% $8,420
    Arbor Bank 8 6.30% $4,964
    MOVEMENT MORTGAGE, LLC 7 6.55% $12,122
    LAKEVIEW LOAN SERVICING, LLC 7 6.34% $8,744
    CASTLE & COOKE MORTGAGE, LLC 7 6.64% $5,544
    CENTRIS FEDERAL CREDIT UNION 7 6.93% $7,020
    AMERISAVE MORTGAGE CORPORATION 7 5.86% $13,675
    Magnolia Bank 6 5.96% $12,706
    American National Bank 6 6.83% $10,859
    Union Bank and Trust Company 6 6.23% $5,519
    First State Bank 5 6.83% $8,972
    CROSSCOUNTRY MORTGAGE, LLC 5 6.91% $10,955
    Security First Bank 4 5.81% $9,427
    First Federal Bank 4 6.03% $4,383
    PLAZA HOME MORTGAGE, INC. 3 5.87% $9,230
    PREMIA MORTGAGE, LLC 3 6.00% $7,219
    AMCAP MORTGAGE, LTD. 3 7.21% $7,325
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.38% $7,141
    CORNERSTONE HOME LENDING, INC. 3 6.50% $12,384
    FLAT BRANCH MORTGAGE, INC. 3 6.88% $7,548
    UNION HOME MORTGAGE CORP. 3 6.29% $1,992
    BNC National Bank 3 5.75% $8,775
    CALIBER HOME LOANS, INC. 3 6.08% $7,916
    U.S. HOME MORTGAGE, INC. 3 6.29% $2,252
    SIRVA MORTGAGE, INC. 2 6.25% $14,452
    EVERETT FINANCIAL, INC. 2 6.56% $4,440
    Financial Funding Solutions, Inc. 2 5.81% $5,526
    Flanagan State Bank 2 7.06% $4,172
    LEADERONE FINANCIAL CORPORATION 2 6.69% $13,323
    Central National Bank 2 6.19% $3,981
    CARDINAL FINANCIAL 2 5.75% $12,693
    NBH Bank 2 6.50% $18,483
    PLANET HOME LENDING, LLC 2 6.06% $3,771
    Armed Forces Bank 2 6.00% $7,726
    DELMAR FINANCIAL COMPANY 2 6.38% $3,218
    The Central Trust Bank 2 5.88% $8,567
    TruHome Solutions, LLC 2 6.56% $4,025
    Truist 2 6.25% $8,955
    American Mortgage & Equity Consultants, Inc. 2 7.12% $9,434
    AMERICAN FINANCING CORPORATION 2 6.13% $11,983
    Wallick & Volk, Inc. 2 6.94% $18,224
    Adams Bank & Trust 2 7.13% $4,016
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.13% $3,671
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.38% $8,824
    ASSEMBLIES OF GOD Credit Union 1 5.99% $4,300
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.25% $14,865
    GUARANTEED RATE AFFINITY, LLC 1 5.00% $17,550
    GENEVA FINANCIAL, LLC 1 7.00% $4,030
    First National Bank and Trust Company 1 7.00% $4,260
    SUMMIT FUNDING, INC. 1 5.63% $19,503
    SUN WEST MORTGAGE COMPANY, INC. 1 6.00% $12,056
    Academy Bank 1 7.00% $7,119
    Cornerstone First Mortgage, Inc 1 5.75% $5,823
    FIRST COMMUNITY MORTGAGE, INC. 1 7.63% $10,019
    Dacotah Bank 1 6.13% $7,960
    First Savings Bank 1 5.25% $11,711
    CRESCENT MORTGAGE COMPANY 1 6.75% $8,232
    Northpointe Bank 1 6.00% $10,429
    Oakstar Bank 1 5.75% $2,612
    BAY EQUITY LLC 1 5.75% $10,689
    Bell Bank 1 6.50% $6,463
    CENTENNIAL LENDING, LLC 1 5.75% $2,589
    Bank of England 1 5.63% $13,109
    Bank of Colorado 1 6.50% $12,742
    United Fidelity Funding Corp. 1 7.13% $5,825
    Independent Bank 1 5.50% $12,742
    HOMESIDE FINANCIAL, LLC 1 7.25% $18,852

    The top Nebraska VA lender as defined by loan originations is Mortgage Research Center, LLC, with 561 VA loans originated. Their average total fees are $6,121, which is $4,272 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Nebraska VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($2,243), Plains Commerce Bank ($3,363), Cobalt Credit Union ($4,325), LIBERTY FIRST ($4,925) and First Bank ($5,109).

    The lowest rate Nebraska VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.35%), VERIDIAN CREDIT UNION (5.53%), Cobalt Credit Union (5.54%), PENNYMAC LOAN SERVICES, LLC (5.67%) and NBKC BANK (5.75%).

    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.