Nevada VA Loan Rates, Closing Costs & Stats

Nevada

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.

Nevada VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Nevada averaged 6.35% for the week of 2024-05-24, compared to the national average (all VA variants) of 6.567% for the same period.

Nevada's average VA mortgage closing costs are $7,307.

The average rate for the prior week (2024-05-17) was 6.28% and one month ago for the week of 2024-04-19, the average rate was 6.95%.

The average rate one year ago was 6.32%.

For refis of the same type during the week of 2024-05-24, the average rate was 6.7%.

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

Nevada 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 Nevada level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 524 6.59% $8,252
UNITED WHOLESALE MORTGAGE, LLC 401 6.18% $9,481
QUICKEN LOANS, LLC 286 6.07% $14,461
GUILD MORTGAGE COMPANY 285 6.20% $14,909
DHI MORTGAGE COMPANY, LTD. 277 5.51% $8,329
LOANDEPOT.COM, LLC 221 5.79% $14,435
NAVY FEDERAL CREDIT UNION 181 5.75% $7,485
EAGLE HOME MORTGAGE, LLC 178 4.95% $7,377
BROKER SOLUTIONS, INC. 144 6.32% $12,515
FREEDOM MORTGAGE CORPORATION 119 6.35% $19,635
PULTE MORTGAGE LLC 115 5.68% $7,052
HOMEAMERICAN MORTGAGE CORPORATION 104 5.43% $5,822
KBHS HOME LOANS, LLC 95 5.66% $11,989
USAA Federal Savings Bank 92 6.04% $13,923
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 86 6.24% $11,608
PENNYMAC LOAN SERVICES, LLC 82 5.56% $12,800
CROSSCOUNTRY MORTGAGE, LLC 81 6.53% $11,847
The Federal Savings Bank 76 6.26% $20,825
INSPIRE HOME LOANS INC. 73 5.38% $10,767
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 65 6.16% $11,842
GUARANTEED RATE, INC. 63 6.39% $8,714
CARDINAL FINANCIAL 62 6.49% $13,430
NEW DAY FINANCIAL, LLC 62 7.38% $15,972
CMG MORTGAGE, INC. 56 6.33% $16,648
AXIA FINANCIAL, LLC 50 6.12% $14,500
Prosperity Home Mortgage, LLC 50 5.89% $11,678
AMERICAN FINANCIAL NETWORK, INC. 48 6.26% $11,132
MOVEMENT MORTGAGE, LLC 44 6.61% $11,593
NOVA FINANCIAL & INVESTMENT CORPORATION 41 6.29% $9,722
VILLAGE CAPITAL MORTGAGE 40 6.07% $12,388
MUTUAL OF OMAHA MORTGAGE, INC. 40 6.38% $13,767
American Mortgage & Equity Consultants, Inc. 38 6.62% $15,767
NEWREZ LLC 37 6.48% $9,779
South Pacific Financial Corporation 36 5.42% $10,032
PENTAGON FEDERAL CREDIT UNION 34 5.59% $9,963
Paramount Residential Mortgage Group, Inc. 33 6.24% $11,860
Century Mortgage Company DBA Century Lending Company 33 6.16% $6,926
Mr. Cooper ( Nationstar Mortgage ) 32 5.90% $16,543
AMERICAN PACIFIC MORTGAGE CORPORATION 32 6.63% $12,825
U.S. Bank 31 5.78% $9,883
Flagstar Bank, FSB 31 6.35% $9,790
AMERISAVE MORTGAGE CORPORATION 27 5.62% $17,719
NBKC BANK 26 5.84% $8,705
FBC MORTGAGE, LLC 26 6.17% $9,572
LOANPAL, LLC 26 5.72% $16,095
MORTGAGE SOLUTIONS OF COLORADO, LLC 25 7.55% $4,100
PRIMELENDING, A PLAINSCAPITAL COMPANY 24 6.36% $12,136
Barrington Bank & Trust Company, N.A. 23 6.34% $12,647
Plains Commerce Bank 23 5.87% $12,155
SECURITYNATIONAL MORTGAGE COMPANY 23 6.29% $12,739
SUMMIT FUNDING, INC. 22 6.50% $15,334
Wells Fargo Bank 21 5.42% $9,363
SUN WEST MORTGAGE COMPANY, INC. 20 6.31% $10,433
ONE NEVADA CREDIT UNION 20 5.94% $6,369
Equity Prime Mortgage LLC 19 6.91% $11,149
PLANET HOME LENDING, LLC 19 6.07% $11,575
Armed Forces Bank 18 6.12% $12,342
PINNACLE LENDING GROUP, INC. 18 6.44% $15,066
Magnolia Bank 16 6.19% $18,782
Nations Lending Corporation 15 6.18% $13,667
RESIDENTIAL BANCORP 15 6.33% $13,927
GENEVA FINANCIAL, LLC 13 6.66% $13,202
Bank of England 13 6.12% $10,906
LEADERONE FINANCIAL CORPORATION 12 6.72% $9,217
JPMorgan Chase Bank 12 6.13% $6,938
ISERVE RESIDENTIAL LENDING, LLC 11 6.70% $16,420
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 11 6.53% $10,946
UNION HOME MORTGAGE CORP. 11 6.35% $11,481
Gateway First Bank 11 6.56% $9,061
TBI MORTGAGE COMPANY 10 6.31% $11,816
GREATER NEVADA LLC 10 6.36% $11,141
Ixonia Bank 10 6.65% $9,145
TJC Mortgage, Inc. 10 6.81% $13,494
INFINITY EQUITY GROUP, INC. 9 6.58% $11,828
Sierra Pacific Mortgage Company, Inc. 9 6.51% $13,765
CASTLE & COOKE MORTGAGE, LLC 9 6.49% $10,435
The Central Trust Bank 9 6.11% $6,610
INTERCAP LENDING INC. 9 6.06% $8,569
LADERA LENDING, INC. 8 6.26% $25,903
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 8 6.50% $8,293
BNC National Bank 8 5.38% $12,925
EVERETT FINANCIAL, INC. 8 6.33% $11,816
MANN FINANCIAL INC. 7 7.16% $11,661
DATA MORTGAGE, INC. 7 6.27% $10,726
PACIFIC RESIDENTIAL MORTGAGE, LLC 7 6.05% $12,477
CHERRY CREEK MORTGAGE, LLC 7 6.68% $3,184
ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 6.25% $8,752
MASON MCDUFFIE MORTGAGE CORPORATION 7 6.66% $16,933
NFM, INC. 6 6.54% $19,080
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 6.73% $8,865
HighTechLending Inc 6 5.92% $11,301
OCMBC, INC. 6 6.71% $14,735
ML Mortgage Corp. 6 6.44% $14,461
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 6.58% $9,951
BAY EQUITY LLC 5 6.03% $5,958
BAY-VALLEY MORTGAGE GROUP 5 5.88% $10,752
CITYWIDE HOME LOANS, LLC 5 6.05% $16,079
DAS Acquisition Company, LLC 5 7.30% $16,542
LAKEVIEW LOAN SERVICING, LLC 5 6.15% $13,246
PREMIER MORTGAGE RESOURCES, L.L.C. 5 6.20% $18,081
SOVEREIGN LENDING GROUP INCORPORATED 5 5.30% $18,916
VERITAS FUNDING, LLC 5 6.93% $21,825
Franklin Loan Corporation 4 6.50% $10,429
AMERICA FIRST 4 6.75% $8,006
SWBC MORTGAGE CORPORATION 4 6.41% $5,743
SIMPLIFI MORTGAGE, LLC 4 5.91% $27,018
Zions Bank 4 6.66% $9,837
ACADEMY MORTGAGE CORPORATION 4 6.56% $10,809
INTELLILOAN, INC. 4 6.13% $6,431
TOP FLITE FINANCIAL, INC. 4 6.41% $25,278
CANOPY MORTGAGE, LLC 4 5.72% $13,182
NATIONS DIRECT MORTGAGE, LLC 4 6.50% $9,050
ALAMEDA MORTGAGE CORPORATION 4 6.00% $12,779
First Federal Bank 4 6.28% $6,979
CALCON MUTUAL MORTGAGE LLC 3 6.38% $7,771
CHURCHILL MORTGAGE CORPORATION 3 6.88% $8,740
Citizens Bank 3 5.13% $17,301
PLAZA HOME MORTGAGE, INC. 3 5.75% $14,329
CITY FIRST MORTGAGE SERVICES, L.L.C. 3 6.24% $13,182
Cornerstone First Mortgage, Inc 3 6.25% $38,900
PANORAMA MORTGAGE GROUP, LLC 3 6.46% $17,333
HOMESIDE FINANCIAL, LLC 3 6.79% $11,747
VAN DYK MORTGAGE CORPORATION 3 6.54% $10,451
First Savings Bank 3 6.08% $20,323
First Option Mortgage, LLC 3 6.46% $11,418
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 7.38% $5,048
FIRST COMMUNITY MORTGAGE, INC. 3 6.38% $18,500
KELLER MORTGAGE, LLC 3 6.00% $15,585
RESIDENTIAL WHOLESALE MORTGAGE, INC. 3 6.29% $10,582
LAND HOME FINANCIAL SERVICES, INC. 2 6.63% $10,329
GUARANTY HOME MORTGAGE CORPORATION 2 6.00% $9,158
Network Funding, L.P. 2 7.38% $7,879
DRAPER AND KRAMER MORTGAGE CORP. 2 6.13% $11,006
Paramount Bank 2 6.13% $9,602
CORNERSTONE HOME LENDING, INC. 2 6.75% $10,589
CLARK COUNTY CREDIT UNION 2 6.19% $29,623
Willamette Valley Bank 2 6.19% $16,634
CALIBER HOME LOANS, INC. 2 6.50% $16,985
RMS & Associates 2 6.44% $15,914
S1L, Inc. 2 6.44% $7,017
BRIDGELOCK CAPITAL 2 6.99% $11,524
Arvest Bank 2 6.19% $4,292
ZILLOW HOME LOANS, LLC 2 6.13% $17,665
AmRes Corporation 2 6.31% $14,484
SUN AMERICAN MORTGAGE COMPANY 2 7.13% $8,390
AmeriHome Mortgage Company, LLC 2 6.31% $10,971
Truist 2 6.44% $9,268
AMERICAN FINANCING CORPORATION 2 5.06% $12,919
INTERNATIONAL CITY MORTGAGE, INC. 2 6.50% $7,471
North American Savings Bank, F.S.B. 1 5.13% $6,405
MOUNTAIN AMERICA 1 6.25% $6,924
Encompass Lending Group, LP 1 6.75% $24,315
Farmers Bank & Trust 1 5.13% $4,988
ALLIED MORTGAGE GROUP, INC. 1 7.25% $5,423
Hancock Whitney Bank 1 6.00% $6,493
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 5.88% $13,661
FINANCE OF AMERICA MORTGAGE LLC 1 5.50% $19,007
Neighborhood Loans, Inc. 1 5.63% $15,437
SIRVA MORTGAGE, INC. 1 6.38% $38,851
SNAPFI, INC. 1 6.63% $12,622
HomeStreet Bank 1 6.63% $12,064
Watermark Capital, Inc. 1 5.63% $17,059
Stifel Bank and Trust 1 5.63% $18,693
Waterstone Mortgage Corporation 1 6.63% $23,543
AIR ACADEMY 1 5.63% $8,938
Ameris Bank 1 6.75% $6,516
FirstBank 1 6.38% $14,023
SYNERGY HOME MORTGAGE, LLC 1 5.75% $10,696
Hometown Equity Mortgage, LLC 1 6.75% $4,450
NATIONWIDE MORTGAGE BANKERS, INC. 1 5.63% $10,320
American Mortgage Bank, LLC 1 7.00% $6,845
The Loan Store, Inc. 1 6.99% $3,836
AMERICAN INTERNET MORTGAGE, INC. 1 5.63% $8,188
First Federal Bank of Kansas City 1 7.13% $4,063
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.38% $5,814
Pacific Lending LLC 1 6.50% $4,856
JMJ FINANCIAL GROUP 1 5.63% $13,565
West Gate Bank 1 5.75% $13,358
ONY GLO, INC. 1 6.75% $6,049
UNITED SECURITY FINANCIAL CORP 1 6.63% $9,272
Performance Financial, Inc. 1 7.63% $12,219
DIRECT MORTGAGE, CORP. 1 7.50% $16,000
Old National Bank 1 5.63% $6,178
Citibank 1 5.75% $10,940
DIRECT MORTGAGE LOANS, LLC 1 5.75% $20,387
PNC Bank 1 7.50% $38,074
AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $6,193
Northpointe Bank 1 6.63% $45,315
Carrington Mortgage Services, LLC 1 2.75% $3,180
Capital Bank 1 5.75% $4,507

The top Nevada VA lender as defined by loan originations is Mortgage Research Center, LLC, with 524 VA loans originated. Their average total fees are $8,252, which is $1,230 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Nevada VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,100), HOMEAMERICAN MORTGAGE CORPORATION ($5,822), ONE NEVADA CREDIT UNION ($6,369), Century Mortgage Company DBA Century Lending Company ($6,926) and JPMorgan Chase Bank ($6,938).

The lowest rate Nevada VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.95%), INSPIRE HOME LOANS INC. (5.38%), South Pacific Financial Corporation (5.42%), Wells Fargo Bank (5.42%) and HOMEAMERICAN MORTGAGE CORPORATION (5.43%).

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.