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 6.18% for the week of 2023-01-27, compared to the national average (all VA variants) of 5.952% for the same period.

Nevada's average VA mortgage closing costs are $6,460.

The average rate for the prior week (2023-01-20) was 6.11% and one month ago for the week of 2022-12-23, the average rate was 6.38%.

The average rate one year ago was 3.97%.

For refis of the same type during the week of 2023-01-27, the average rate was 6.26%.

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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
FREEDOM MORTGAGE CORPORATION 2,124 2.39% $3,892
QUICKEN LOANS, LLC 1,628 2.44% $5,811
Mortgage Research Center, LLC 1,299 2.81% $7,375
PENNYMAC LOAN SERVICES, LLC 1,185 2.35% $6,435
GUILD MORTGAGE COMPANY 1,050 2.74% $8,324
LOANDEPOT.COM, LLC 1,044 2.48% $5,870
UNITED WHOLESALE MORTGAGE, LLC 621 2.52% $6,870
CLEARPATH LENDING 594 2.28% $5,103
NAVY FEDERAL CREDIT UNION 541 2.47% $5,806
LAKEVIEW LOAN SERVICING, LLC 432 2.44% $2,872
BROKER SOLUTIONS, INC. 416 2.84% $7,351
The Federal Savings Bank 379 2.52% $8,335
USAA Federal Savings Bank 378 2.81% $4,399
NEW DAY FINANCIAL, LLC 374 2.74% $9,135
HOME POINT FINANCIAL CORPORATION 359 2.50% $7,171
DHI MORTGAGE COMPANY, LTD. 331 2.54% $10,274
CALIBER HOME LOANS, INC. 310 2.56% $6,140
Wells Fargo Bank 307 2.51% $4,803
ALL WESTERN MORTGAGE, INC. 245 3.42% $8,177
Low VA Rates, LLC 241 2.43% $6,103
Mr. Cooper ( Nationstar Mortgage ) 235 2.64% $4,795
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 216 2.90% $9,034
AMERICAN FINANCIAL NETWORK, INC. 188 2.54% $8,132
EAGLE HOME MORTGAGE, LLC 184 2.91% $6,476
VILLAGE CAPITAL MORTGAGE 181 2.38% $3,775
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 180 2.80% $8,963
GUARANTEED RATE, INC. 163 2.74% $7,326
INSPIRE HOME LOANS INC. 162 2.80% $12,380
CROSSCOUNTRY MORTGAGE, LLC 150 2.80% $8,898
HOMEAMERICAN MORTGAGE CORPORATION 148 2.53% $5,251
PULTE MORTGAGE LLC 147 2.83% $4,272
LOANPAL, LLC 146 2.49% $7,258
PLANET HOME LENDING, LLC 144 2.62% $6,259
FINANCE OF AMERICA MORTGAGE LLC 138 2.88% $8,008
CELEBRITY HOME LOANS, LLC 129 3.01% $12,542
Barrington Bank & Trust Company, N.A. 129 2.71% $5,966
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 126 3.22% $11,499
NBKC BANK 125 2.45% $7,017
KBHS HOME LOANS, LLC 123 2.72% $11,280
CMG MORTGAGE, INC. 121 2.98% $11,968
Carrington Mortgage Services, LLC 117 2.77% $5,417
NOVA FINANCIAL & INVESTMENT CORPORATION 115 2.80% $7,467
SUN WEST MORTGAGE COMPANY, INC. 113 2.47% $6,647
AMERISAVE MORTGAGE CORPORATION 106 2.54% $5,658
MUTUAL OF OMAHA MORTGAGE, INC. 105 2.52% $7,080
NEWREZ LLC 103 2.66% $4,014
North American Savings Bank, F.S.B. 101 2.35% $4,696
FBC MORTGAGE, LLC 100 2.82% $7,859
MOVEMENT MORTGAGE, LLC 94 2.83% $5,837
AXIA FINANCIAL, LLC 93 2.81% $8,545
MANN FINANCIAL INC. 90 3.01% $10,422
PENTAGON FEDERAL CREDIT UNION 89 2.33% $2,608
PRIMELENDING, A PLAINSCAPITAL COMPANY 82 3.10% $9,338
SUMMIT FUNDING, INC. 76 2.96% $9,836
KS StateBank 76 2.45% $6,016
AMERICAN PACIFIC MORTGAGE CORPORATION 71 2.82% $8,427
SOVEREIGN LENDING GROUP INCORPORATED 68 2.62% $6,750
Flagstar Bank, FSB 66 2.68% $8,288
InterContinental Capital Group, Inc 66 2.36% $4,241
Magnolia Bank 65 2.48% $9,414
HOMEBRIDGE FINANCIAL SERVICES, INC. 65 2.83% $8,159
RESIDENTIAL BANCORP. 64 2.91% $11,624
SWBC MORTGAGE CORPORATION 64 3.15% $8,140
South Pacific Financial Corporation 59 2.64% $11,556
Sierra Pacific Mortgage Company, Inc. 57 2.88% $8,757
ONE NEVADA CREDIT UNION 54 2.38% $4,066
PINNACLE LENDING GROUP, INC. 54 2.54% $8,860
NP, Inc. 54 2.31% $4,742
First Federal Bank 51 3.23% $9,979
BNC National Bank 49 2.30% $3,823
ISERVE RESIDENTIAL LENDING, LLC 47 3.14% $10,158
Paramount Residential Mortgage Group, Inc. 45 2.74% $6,132
Amerifirst Financial, Inc. 41 2.79% $7,813
PRIMARY RESIDENTIAL MORTGAGE, INC. 40 2.97% $8,341
DATA MORTGAGE, INC. 39 2.95% $9,326
U.S. Bank 39 2.73% $8,151
Hometown Lenders, Inc. 39 2.96% $9,436
LEADERONE FINANCIAL CORPORATION 38 2.62% $7,146
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 38 2.53% $8,088
Northpointe Bank 35 2.90% $7,801
CANOPY MORTGAGE, LLC 35 2.40% $7,262
SECURITYNATIONAL MORTGAGE COMPANY 34 2.97% $10,747
Neighborhood Loans, Inc. 33 2.87% $10,713
HAMILTON HOME LOANS, INC. 32 2.62% $5,004
RMS & Associates 32 2.76% $8,856
MORTGAGE SOLUTIONS OF COLORADO, LLC 32 3.07% $7,976
First Guaranty Mortgage Corporation 32 2.64% $3,781
Zions Bancorporation, N.A. 30 2.52% $5,274
First Option Mortgage, LLC 30 2.99% $9,664
KELLER MORTGAGE, LLC 28 2.61% $9,468
LADERA LENDING, INC. 28 2.63% $7,323
Bank of England 28 2.67% $6,489
GREATER NEVADA LLC 27 2.94% $11,369
BAY EQUITY LLC 27 2.76% $11,826
TBI MORTGAGE COMPANY 26 2.70% $8,410
Nations Lending Corporation 25 3.36% $13,521
CALCON MUTUAL MORTGAGE LLC 25 3.11% $12,678
RESIDENTIAL WHOLESALE MORTGAGE, INC. 24 2.86% $10,243
Armed Forces Bank 24 2.43% $4,972
Wyndham Capital Mortgage, Inc. 24 2.33% $4,487
BELEM SERVICING LLC 24 2.60% $7,469
ARK-LA-TEX FINANCIAL SERVICES, LLC. 22 3.12% $12,018
ROUNDPOINT MORTGAGE SERVICING CORPORATION 22 2.98% $10,064
SYNERGY HOME MORTGAGE, LLC 22 2.85% $9,240
DIGNIFIED HOME LOANS, LLC 21 2.90% $7,568
Commerce Home Mortgage, Inc. 20 2.86% $6,445
VAN DYK MORTGAGE CORPORATION 20 2.56% $5,614
AMERICAN FINANCING CORPORATION 20 2.53% $5,960
LENDUS, LLC 20 2.48% $7,891
INTERCAP LENDING INC. 19 2.80% $8,434
AMERICAN PORTFOLIO MORTGAGE CORPORATION 19 2.47% $2,520
DRAPER AND KRAMER MORTGAGE CORP. 19 2.72% $5,479
Wolfe Financial, Inc 18 3.16% $8,150
ON Q FINANCIAL, INC. 17 3.18% $9,627
Glacier Bank 16 2.73% $5,854
Umpqua Bank 16 2.73% $7,876
GENEVA FINANCIAL, LLC 16 2.98% $7,218
OCMBC, INC. 15 2.55% $5,729
ZILLOW HOME LOANS, LLC 14 2.67% $7,143
Watermark Capital, Inc. 14 2.42% $4,769
MASON MCDUFFIE MORTGAGE CORPORATION 14 2.59% $9,161
AMERICA FIRST 13 2.45% $7,198
AmRes Corporation 13 2.59% $7,477
First Home Bank 13 2.59% $9,274
First Federal Bank of Kansas City 12 2.54% $6,551
HighTechLending Inc 12 2.91% $7,672
CHERRY CREEK MORTGAGE, LLC 12 2.72% $2,913
HOMEOWNERS FINANCIAL GROUP USA, LLC 12 3.04% $8,435
Meridian Bank Corporation 11 2.45% $4,863
MID AMERICA MORTGAGE, INC. 11 2.53% $2,033
DAS Acquisition Company, LLC 11 2.86% $11,315
FIRST COLONY MORTGAGE CORPORATION 11 2.80% $4,565
PANORAMA MORTGAGE GROUP, LLC 11 3.01% $10,367
SIMPLIFI MORTGAGE, LLC 11 2.45% $7,689
Sunflower Bank 10 2.51% $8,543
NATIONS DIRECT MORTGAGE, LLC 10 3.51% $6,368
Gateway First Bank 9 2.82% $11,734
Austin Capital Bank SSB 9 2.83% $6,193
Capital Bank 9 2.57% $5,917
Equity Prime Mortgage LLC 9 3.11% $6,491
EVERETT FINANCIAL, INC. 9 3.44% $9,960
MORTGAGE MANAGEMENT CONSULTANTS, INC. 9 3.08% $5,802
M&T Bank 9 2.58% $3,918
WESTERN EXPRESS LENDING 9 2.65% $7,004
UNITED MORTGAGE CORP. 8 2.71% $6,800
FirstBank 8 2.45% $1,388
Loan Simple, Inc. 8 2.97% $5,898
TOP FLITE FINANCIAL, INC. 8 3.14% $17,565
Paramount Bank 8 2.86% $7,483
GUARANTEED RATE AFFINITY, LLC 8 2.58% $4,961
Goldwater Bank, N.A. 7 2.48% $8,452
Pacific Lending LLC 7 2.70% $5,286
ALAMEDA MORTGAGE CORPORATION 7 3.11% $10,033
ANGEL OAK HOME LOANS LLC 7 2.89% $6,824
LAND HOME FINANCIAL SERVICES, INC. 7 3.00% $5,543
UNION HOME MORTGAGE CORP. 6 2.65% $7,648
First Savings Bank 6 2.40% $6,393
ML Mortgage Corp. 6 3.04% $4,820
PREMIER MORTGAGE RESOURCES, L.L.C. 6 2.77% $6,488
Community First National Bank 5 2.85% $4,399
IMPAC MORTGAGE CORP. 5 2.50% $2,644
PLAZA HOME MORTGAGE, INC. 5 2.90% $6,198
Citizens Bank 5 2.48% $7,346
ACADEMY MORTGAGE CORPORATION 5 2.98% $7,267
STEARNS LENDING, LLC 5 2.80% $7,901
INTERNATIONAL CITY MORTGAGE, INC. 5 3.15% $12,145
S&S Financial 5 2.25% $4,600
NBH Bank 4 2.38% $1,170
JMJ FINANCIAL GROUP 4 2.81% $11,524
JAMES B. NUTTER & COMPANY 4 2.47% $1,727
Florida Capital Bank 4 2.72% $4,868
PHH Mortgage Corporation 4 2.81% $3,041
Red River Bank 4 2.44% $2,287
CITY FIRST MORTGAGE SERVICES, L.L.C. 4 2.38% $9,935
BRIDGELOCK CAPITAL 4 2.75% $5,129
Truist 4 2.72% $4,280
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 3.31% $8,734
AMERICAN FINANCIAL RESOURCES, INC. 4 3.09% $10,958
JPMorgan Chase Bank 3 2.96% $8,029
Texana Bank 3 2.38% $4,152
Ixonia Bank 3 2.21% $7,923
CITYWIDE HOME LOANS, LLC 3 3.13% $6,416
S1L, Inc. 3 3.16% $10,230
SIRVA MORTGAGE, INC. 3 3.33% $10,696
Franklin Loan Corporation 3 3.33% $5,458
BEST CAPITAL FUNDING 3 2.88% $4,347
HOME FUNDING CORPORATION 3 2.46% $3,887
MEMBER FIRST MORTGAGE, LLC 3 2.46% $8,778
MOUNTAIN AMERICA 3 2.42% $11,228
The Central Trust Bank 3 2.33% $6,425
Colten Mortgage, LLC 2 3.03% $5,907
PNC Bank 2 2.88% $7,530
PREMIA MORTGAGE, LLC 2 2.87% $3,087
Prosperity Home Mortgage, LLC 2 2.62% $2,397
First International Bank & Trust 2 2.44% $2,441
NFM, INC. 2 2.88% $10,329
CORNERSTONE HOME LENDING, INC. 2 2.75% $22,590
Core Bank 2 2.38% $11,292
SNAPFI, INC. 2 2.63% $10,043
INFINITY EQUITY GROUP, INC. 2 2.88% $7,240
Plains Commerce Bank 2 2.56% $7,195
INTELLILOAN, INC. 2 2.63% $5,539
Stride Bank 2 2.94% $13,958
Willamette Valley Bank 2 3.19% $11,183
CHURCHILL MORTGAGE CORPORATION 2 3.19% $7,728
CASTLE & COOKE MORTGAGE, LLC 2 2.69% $5,304
United Fidelity Funding Corp. 2 2.56% $7,512
Bank of the West 2 3.06% $9,580
Arvest Bank 2 2.75% $6,686
EMBRACE HOME LOANS, INC. 1 2.50% $21,742
Hometown Equity Mortgage, LLC 1 3.75% $3,278
First Western Trust Bank 1 2.38% $2,384
First Bank 1 3.25% $3,266
MOUNTAIN WEST FINANCIAL, INC. 1 3.00% $1,437
MORIA DEVELOPMENT, INC. 1 2.38% $3,436
The First National Bank of Middle Tennessee 1 2.63% $18,672
TIAA, FSB 1 2.25% $3,846
TJC Mortgage, Inc. 1 3.00% $4,917
JMAC LENDING, INC. 1 2.25% $5,672
First Internet Bank of Indiana 1 2.50% $26,303
BOKF 1 2.50% $3,862
Allied First Bank,sb 1 2.25% $14,544
FIRST STATE MORTGAGE SERVICES, LLC 1 2.25% $2,812
Jonah Bank of Wyoming 1 2.38% $29,319
UNITED SECURITY FINANCIAL CORP 1 2.38% $5,868
First Midwest Bank 1 2.38% $11,348
UNIVERSAL MORTGAGE & FINANCE, INC. 1 3.00% $6,812
Service Federal Credit Union 1 2.88% $2,292
BECKAM FUNDING CORP. 1 2.63% $2,501
Bank of Utah 1 2.75% $4,321
DIRECT MORTGAGE, CORP. 1 2.25% $2,817
HomeStreet Bank 1 2.38% $3,286
FIRST NATIONS HOME FINANCE CORPORATION 1 2.75% $3,658
V.I.P. MORTGAGE, INC. 1 3.25% $4,937
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 3.50% $8,726
AMERICAN ADVISORS GROUP 1 2.38% $6,633
First National Bank 1 2.38% $5,448
East Coast Capital Corp. 1 2.75% $3,260
Great Plains National Bank 1 2.25% $2,381
Citizens National Bank of Greater St. Louis 1 2.75% $14,861

The top Nevada VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 2,124 VA loans originated. Their average total fees are $3,892, which is $1,918 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Nevada VA lenders (with over 10 loans originated) are MID AMERICA MORTGAGE, INC. ($2,033), AMERICAN PORTFOLIO MORTGAGE CORPORATION ($2,520), PENTAGON FEDERAL CREDIT UNION ($2,608), LAKEVIEW LOAN SERVICING, LLC ($2,872) and CHERRY CREEK MORTGAGE, LLC ($2,913).

The lowest rate Nevada VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.28%), BNC National Bank (2.30%), NP, Inc. (2.31%), Wyndham Capital Mortgage, Inc. (2.33%) and PENTAGON FEDERAL CREDIT UNION (2.33%).

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.