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 -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.