Texas VA Loan Rates, Closing Costs & Stats

Texas

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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.

    Texas VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Texas averaged 0.17% for the week of 2024-11-15, compared to the national average (all VA variants) of 0% for the same period.

    Texas's average VA mortgage closing costs are $17,889.

    The average rate for the prior week (2024-11-08) was 6.48% and one month ago for the week of 2024-10-11, the average rate was 5.65%.

    The average rate one year ago was 7.24%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.48%.

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

    Texas 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 Texas level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 5,442 6.61% $7,629
    DHI MORTGAGE COMPANY, LTD. 3,160 5.28% $8,173
    UNITED WHOLESALE MORTGAGE, LLC 2,239 6.23% $8,375
    NAVY FEDERAL CREDIT UNION 1,740 5.80% $6,975
    EAGLE HOME MORTGAGE, LLC 1,464 4.73% $4,328
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1,356 6.51% $8,571
    LOANDEPOT.COM, LLC 936 5.96% $11,831
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 831 6.16% $10,547
    CMG MORTGAGE, INC. 783 6.19% $13,099
    USAA Federal Savings Bank 780 6.20% $10,659
    AMCAP MORTGAGE, LTD. 757 6.41% $14,730
    QUICKEN LOANS, LLC 746 6.19% $12,284
    PRIMELENDING, A PLAINSCAPITAL COMPANY 675 6.26% $11,613
    GUARANTEED RATE, INC. 648 6.26% $7,852
    CARDINAL FINANCIAL 600 6.47% $14,130
    AMERICAN PACIFIC MORTGAGE CORPORATION 561 6.36% $12,642
    CORNERSTONE HOME LENDING, INC. 535 6.08% $7,936
    PULTE MORTGAGE LLC 498 5.52% $6,567
    CROSSCOUNTRY MORTGAGE, LLC 496 6.56% $9,351
    KBHS HOME LOANS, LLC 491 5.91% $11,112
    PENNYMAC LOAN SERVICES, LLC 476 5.67% $10,073
    MORTGAGE SOLUTIONS OF COLORADO, LLC 470 7.64% $4,104
    GUILD MORTGAGE COMPANY 440 6.52% $12,415
    VELOCIO MORTGAGE L.L.C. 439 5.49% $7,829
    FREEDOM MORTGAGE CORPORATION 393 6.41% $11,530
    SWBC MORTGAGE CORPORATION 308 6.25% $9,945
    SFMC, LP 294 6.12% $13,876
    PENTAGON FEDERAL CREDIT UNION 293 5.58% $10,073
    MOVEMENT MORTGAGE, LLC 291 6.35% $12,494
    First National Bank Texas 281 6.03% $6,766
    GARDNER FINANCIAL SERVICES, LTD. 273 6.18% $18,257
    EVERETT FINANCIAL, INC. 255 6.55% $13,074
    Paramount Residential Mortgage Group, Inc. 236 6.30% $18,070,435
    THRIVE MORTGAGE, LLC 228 6.31% $15,269
    CLM MORTGAGE, INC 228 6.11% $6,336
    CRESTMARK MORTGAGE COMPANY, LTD. 220 5.83% $8,118
    PLAZA HOME MORTGAGE, INC. 215 6.28% $11,664
    M/I FINANCIAL, LLC 210 5.70% $14,939
    NEWREZ LLC 194 6.41% $9,889
    INSPIRE HOME LOANS INC. 192 5.36% $6,183
    Equity Prime Mortgage LLC 189 6.96% $8,703
    Network Funding, L.P. 178 6.14% $12,773
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 177 6.48% $11,249
    BROKER SOLUTIONS, INC. 169 6.53% $11,392
    Gateway First Bank 169 6.34% $9,139
    Plains Commerce Bank 168 6.09% $10,751
    NATIONS RELIABLE LENDING, LLC 162 6.64% $11,303
    Flagstar Bank, FSB 154 6.48% $8,953
    SECURITYNATIONAL MORTGAGE COMPANY 152 6.53% $11,655
    INTERLINC MORTGAGE SERVICES, LLC 152 6.17% $7,000
    First United Bank and Trust Company 148 6.36% $14,470
    NBKC BANK 138 5.84% $9,265
    MORTGAGE FINANCIAL SERVICES, LLC 138 6.53% $11,760
    GUARANTEED RATE AFFINITY, LLC 134 6.31% $7,846
    Wells Fargo Bank 126 5.79% $6,723
    T2 FINANCIAL LLC 125 6.56% $10,514
    Rocky Mountain Mortgage Company 124 6.21% $4,798
    HOMESIDE FINANCIAL, LLC 121 6.10% $7,210
    MUTUAL OF OMAHA MORTGAGE, INC. 119 6.48% $11,795
    PILGRIM MORTGAGE LLC 117 6.38% $13,123
    First Financial Bank 116 6.27% $9,368
    Town Square Mortgage & Investments, Inc. 115 6.44% $10,011
    City Bank 115 6.28% $8,455
    Century Mortgage Company DBA Century Lending Company 115 6.25% $8,971
    Republic State Mortgage Co. 109 6.11% $10,717
    Barrington Bank & Trust Company, N.A. 100 6.31% $8,305
    EUSTIS AND AMERICAN MORTGAGE COMPANY 97 6.46% $7,866
    BancorpSouth 95 6.34% $7,715
    South Pacific Financial Corporation 94 5.52% $12,728
    Prosperity Home Mortgage, LLC 93 6.18% $12,499
    PLANET HOME LENDING, LLC 92 5.97% $9,605
    PRIORITY HOME MORTGAGE, L.P. 91 5.85% $6,952
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 91 6.13% $6,071
    JPMorgan Chase Bank 91 6.03% $5,620
    UNION HOME MORTGAGE CORP. 89 6.44% $13,549
    ACADEMY MORTGAGE CORPORATION 89 6.39% $11,295
    V.I.P. MORTGAGE, INC. 89 6.16% $12,275
    DIRECTIONS EQUITY, LLC 87 5.75% $8,220
    VILLAGE CAPITAL MORTGAGE 86 6.07% $8,227
    Mr. Cooper ( Nationstar Mortgage ) 85 6.22% $12,607
    BROOKHOLLOW MORTGAGE SERVICES, LTD 83 5.82% $7,259
    CADENCE LENDING GROUP, INC. 82 6.26% $10,097
    Sunflower Bank 82 6.08% $11,719
    AMERICAN FINANCIAL NETWORK, INC. 79 6.59% $10,577
    LOANPEOPLE, LLC 78 6.20% $15,413
    Nations Lending Corporation 78 6.59% $9,746
    LEGEND LENDING CORPORATION 78 6.59% $14,370
    Armed Forces Bank 77 5.98% $11,556
    FLAT BRANCH MORTGAGE, INC. 73 6.43% $8,747
    LEADERONE FINANCIAL CORPORATION 72 6.37% $9,671
    CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 71 5.77% $8,619
    Mid-Continent Funding, Inc. 69 6.15% $11,728
    THE MORTGAGE LINK, INC. 68 6.61% $15,673
    Citizens Bank 65 6.26% $10,707
    MID AMERICA MORTGAGE, INC. 64 6.50% $18,017
    ADVISA MORTGAGE SERVICES, LTD. 63 6.01% $8,519
    Wallick & Volk, Inc. 62 6.06% $9,688
    SUCCESS MORTGAGE PARTNERS, INC. 60 6.76% $11,357
    WILLOW BEND MORTGAGE COMPANY, LLC 59 6.64% $11,556
    SUN WEST MORTGAGE COMPANY, INC. 58 6.71% $9,320
    BAY EQUITY LLC 55 6.39% $9,210
    JET HOMELOANS, LLC 54 5.70% $11,618
    DRAPER AND KRAMER MORTGAGE CORP. 54 6.61% $13,038
    Waterstone Mortgage Corporation 53 6.50% $10,772
    Commerce Home Mortgage, Inc. 53 6.58% $11,515
    Neighborhood Loans, Inc. 52 6.51% $13,535
    Trinity Oaks Mortgage, LLC 51 6.02% $15,219
    First Bank 49 6.07% $14,437
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 48 6.72% $7,549
    American National Bank & Trust 47 6.15% $9,784
    NTFN, INC. 46 6.44% $10,625
    S1L, Inc. 45 6.27% $14,074
    PATRIOT MORTGAGE COMPANY 43 5.86% $8,209
    MORTGAGEONE, INC. 41 7.00% $5,976
    HOMEBRIDGE FINANCIAL SERVICES, INC. 41 6.17% $12,437
    U.S. Bank 41 6.03% $10,248
    SENTE MORTGAGE, INC. 40 6.39% $14,710
    TEXAS TECH 38 6.14% $6,001
    DAS Acquisition Company, LLC 38 6.67% $7,349
    SUMMIT FUNDING, INC. 37 6.55% $11,199
    GENEVA FINANCIAL, LLC 36 6.99% $9,559
    Amarillo National Bank 36 6.20% $7,055
    CHERRY CREEK MORTGAGE, LLC 36 6.05% $4,568
    Wolfe Financial, Inc 35 6.80% $5,624
    The Federal Savings Bank 35 6.56% $11,375
    PREMIA MORTGAGE, LLC 34 5.94% $8,194
    FIRST EQUITY MORTGAGE INCORPORATED 33 5.80% $13,606
    BNC National Bank 33 5.47% $9,578
    CHURCHILL MORTGAGE CORPORATION 33 6.34% $12,652
    MANN FINANCIAL INC. 32 6.51% $7,644
    INTEGRITY MORTGAGE CORPORATION OF TEXAS 31 6.35% $12,994
    Magnolia Bank 30 5.97% $9,825
    ENVOY MORTGAGE, LTD 30 6.60% $9,963
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 30 6.53% $14,085
    AMERISAVE MORTGAGE CORPORATION 30 5.82% $12,425
    RB MORTGAGE LLC 30 6.45% $6,351
    Ameris Bank 29 6.07% $9,614
    PRIMARY RESIDENTIAL MORTGAGE, INC. 29 6.80% $9,460
    Encompass Lending Group, LP 29 6.74% $11,628
    American Mortgage & Equity Consultants, Inc. 29 6.59% $12,497
    FC LENDING, LTD. 27 5.71% $7,743
    NFM, INC. 26 6.81% $14,311
    FBC MORTGAGE, LLC 25 6.09% $8,101
    Ixonia Bank 25 6.73% $11,559
    Strong Home Mortgage, LLC 24 5.94% $10,791
    The Central Trust Bank 24 5.55% $10,466
    OPEN MORTGAGE, LLC 24 6.66% $8,050
    SOUTHERN LENDING SERVICES, LTD. 24 5.43% $7,793
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C 23 5.99% $15,978
    Bank of England 23 6.35% $13,492
    HOME FINANCING UNLIMITED, INC. 23 5.83% $9,849
    FIRST CENTENNIAL MORTGAGE CORPORATION 23 6.40% $6,348
    NEW DAY FINANCIAL, LLC 23 7.22% $9,230
    TOWNE MORTGAGE COMPANY 22 6.55% $12,722
    NATIONS DIRECT MORTGAGE, LLC 22 6.57% $11,407
    CALIBER HOME LOANS, INC. 22 6.06% $11,591
    CANOPY MORTGAGE, LLC 22 6.23% $15,248
    HOMETRUST MORTGAGE COMPANY 21 6.30% $9,396
    SOUTHWEST STAGE FUNDING, LLC 21 6.57% $3,021
    Prosperity Bank 21 6.41% $8,924
    SeaTrust Mortgage Company 20 6.50% $9,969
    ASSOCIATED MORTGAGE CORPORATION 20 6.56% $7,959
    HALLMARK HOME MORTGAGE, LLC 18 6.67% $9,139
    AMERICAN FINANCIAL RESOURCES, INC. 18 6.73% $10,352
    First Federal Bank 18 6.38% $9,292
    Independent Bank 17 6.34% $6,810
    The Loan Store, Inc. 17 6.12% $11,450
    GoPrime Mortgage, Inc. 17 6.74% $9,451
    Affiliated Bank 17 6.64% $12,502
    Northpointe Bank 17 6.12% $9,723
    TJC Mortgage, Inc. 16 6.42% $16,587
    Cornerstone First Mortgage, Inc 16 6.37% $19,951
    CITY FIRST MORTGAGE SERVICES, L.L.C. 16 7.04% $9,678
    AmeriHome Mortgage Company, LLC 16 6.45% $8,676
    North American Savings Bank, F.S.B. 16 5.94% $9,388
    Colonial Savings, F.A. 15 6.21% $12,262
    Extraco Banks 15 6.43% $13,964
    Renasant Bank 15 6.21% $11,506
    BOKF 15 6.18% $10,564
    Commercial Bank of Texas 15 6.35% $8,133
    CALCON MUTUAL MORTGAGE LLC 14 6.87% $11,885
    UNION SQUARE 14 6.88% $7,360
    AXIA FINANCIAL, LLC 14 6.20% $11,588
    NexBank 13 6.32% $8,543
    MICHIGAN MUTUAL, INC. 13 5.78% $14,201
    FIRST COMMUNITY MORTGAGE, INC. 13 6.29% $10,263
    FIRST CONTINENTAL MORTGAGE, LTD. 13 5.69% $4,438
    VAN DYK MORTGAGE CORPORATION 12 6.56% $12,767
    BARTON CREEK LENDING GROUP, LLC 12 6.61% $11,461
    RESIDENTIAL BANCORP 12 6.50% $12,098
    PREMIER MORTGAGE RESOURCES, L.L.C. 11 6.85% $14,313
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 11 6.75% $9,923
    LAKEVIEW LOAN SERVICING, LLC 11 5.76% $10,978
    GSF Mortgage Corporation 11 5.99% $9,889
    UNIVERSITY Federal Credit Union 11 6.05% $9,716
    OCMBC, INC. 11 6.61% $8,253
    NBH Bank 11 5.93% $7,147
    First Savings Bank 10 6.30% $10,758
    PREMIER LENDING, INC. 10 6.63% $9,136
    First State Bank 10 6.60% $11,490
    HOMESPIRE MORTGAGE CORPORATION 10 6.58% $11,190
    LRS FINANCIAL NETWORK, INC. 10 6.14% $12,461
    HomePromise Corporation 10 7.68% $8,215
    ZILLOW HOME LOANS, LLC 10 6.35% $9,248
    TBI MORTGAGE COMPANY 9 5.90% $7,075
    MATTAMY HOME FUNDING, LLC 9 5.75% $9,196
    Centennial Bank 9 6.69% $9,920
    INTERCAP LENDING INC. 9 6.50% $6,726
    First United Bank 9 6.65% $8,448
    Alcova Mortgage LLC 9 6.75% $10,246
    Alliance Credit Union 8 5.92% $9,218
    Presidential Bank, FSB 8 5.98% $13,720
    CASTLE & COOKE MORTGAGE, LLC 8 6.20% $12,769
    RESIDENTIAL HOME FUNDING CORP. 8 5.69% $8,969
    Carrington Mortgage Services, LLC 8 6.27% $7,230
    Credence Funding Corporation 8 5.69% $7,730
    HOMEOWNERS FINANCIAL GROUP USA, LLC 8 6.45% $20,462
    MEMBER FIRST MORTGAGE, LLC 8 6.31% $8,324
    Florida Capital Bank 8 6.53% $10,302
    FirstLight Federal Credit Union 8 5.97% $5,997
    Keystone Funding, Inc. 8 6.37% $9,720
    Farmers Bank & Trust 7 5.57% $7,067
    GIBRALTAR MORTGAGE SERVICES, LLC 7 5.86% $8,663
    TIB The Independent Bankersbank 7 6.38% $7,019
    PACIFIC RESIDENTIAL MORTGAGE, LLC 7 6.39% $8,973
    SIRVA MORTGAGE, INC. 7 6.61% $6,328
    NOVA FINANCIAL & INVESTMENT CORPORATION 7 6.38% $8,901
    JMAC LENDING, INC. 7 6.68% $9,733
    BM Real Estate Services, Inc. 7 6.34% $10,627
    PANORAMA MORTGAGE GROUP, LLC 7 6.39% $10,445
    MORTGAGE ACCESS CORP. 7 6.36% $15,133
    Southwest Bank 7 6.82% $8,228
    Truist 7 5.94% $12,706
    Bank of America 7 5.91% $8,462
    HOMEAMERICAN MORTGAGE CORPORATION 7 5.36% $938
    TEXAS DOW EMPLOYEES CREDIT UNION 7 6.55% $10,163
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 6 6.42% $8,979
    CONTOUR MORTGAGE CORPORATION 6 6.29% $8,114
    Community First National Bank 6 6.46% $11,596
    Regions Bank 6 6.40% $12,693
    Vellum Mortgage, Inc. 6 6.08% $7,181
    MASON MCDUFFIE MORTGAGE CORPORATION 6 6.65% $7,040
    ASPIRE FINANCIAL, INC. 6 5.98% $11,414
    First Horizon Bank 6 6.04% $10,156
    Watermark Capital, Inc. 6 5.88% $12,748
    GMFS LLC 6 7.15% $7,416
    Loan Simple, Inc. 5 5.70% $16,806
    Origin Bank 5 5.80% $8,525
    University Bank 5 6.05% $11,076
    Jefferson Bank 5 5.86% $6,766
    Sierra Pacific Mortgage Company, Inc. 5 6.10% $13,236
    MOUNTAIN WEST FINANCIAL, INC. 5 6.95% $5,043
    Shea Mortgage Inc. 5 6.00% $4,976
    Goldwater Bank, N.A. 5 6.78% $16,454
    State Bank of De Kalb 5 5.90% $5,597
    PNC Bank 5 6.18% $4,389
    Performance Financial, Inc. 5 6.68% $12,575
    ML Mortgage Corp. 5 6.75% $20,787
    First Option Mortgage, LLC 5 6.73% $12,114
    MORIA DEVELOPMENT, INC. 5 6.08% $20,317
    US MORTGAGE CORPORATION 5 6.53% $11,528
    AMERICAN FINANCING CORPORATION 4 6.41% $10,266
    Assurance Financial Group, L.L.C. 4 6.28% $11,844
    MLB RESIDENTIAL LENDING, LLC 4 6.66% $14,108
    Arvest Bank 4 6.28% $10,498
    EMBRACE HOME LOANS, INC. 4 5.68% $11,394
    ENCORE BANK 4 6.03% $11,296
    TruHome Solutions, LLC 4 6.44% $6,287
    Paramount Bank 4 7.19% $9,598
    Red River Bank 4 6.44% $7,239
    Zions Bank 3 6.13% $9,855
    Academy Bank 3 6.04% $10,593
    American Bank of Commerce 3 6.25% $18,239
    American Momentum Bank 3 5.88% $7,345
    Bell Bank 3 5.88% $12,491
    CITYWIDE HOME LOANS, LLC 3 6.13% $16,099
    COMPASS MORTGAGE, INC. 3 6.50% $9,509
    ENDEAVOR CAPITAL, LLC. 3 6.71% $8,472
    FirstBank 3 6.25% $6,988
    First National Bank 3 6.38% $13,459
    First National Bank of Omaha 3 6.29% $20,612
    GREENSTATE CREDIT UNION 3 6.04% $6,891
    GUARANTY HOME MORTGAGE CORPORATION 3 6.21% $13,826
    HOMESTEAD FUNDING CORP. 3 6.33% $6,406
    Hometown Equity Mortgage, LLC 3 6.58% $13,924
    Integrity Home Mortgage Corp 3 6.75% $6,624
    INTELLILOAN, INC. 3 6.33% $3,889
    Midwest Mortgage Associates Corporation 3 6.25% $5,729
    NATIONWIDE MORTGAGE BANKERS, INC. 3 6.25% $16,988
    NEW FED MORTGAGE, CORP. 3 5.88% $15,152
    STOCKTON MORTGAGE CORPORATION 3 6.42% $11,145
    Stride Bank 3 6.29% $12,480
    Trustmark National Bank 3 6.00% $15,262
    United Fidelity Funding Corp. 3 6.83% $8,104
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 6.29% $5,078
    Victorian Finance, LLC 3 7.33% $8,562
    GERSHMAN INVESTMENT CORP. 2 6.31% $5,164
    AHL FUNDING 2 6.00% $7,183
    Lone Star National Bank 2 6.75% $4,921
    Hancock Whitney Bank 2 6.06% $15,649
    JMJ FINANCIAL GROUP 2 5.38% $20,591
    FIDELITY BANK 2 6.13% $5,725
    First Western Trust Bank 2 6.56% $5,771
    FirstTrust Home Loans, Inc. 2 6.31% $17,359
    Wyndham Capital Mortgage, Inc. 2 5.94% $5,228
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 7.00% $7,067
    United Texas Credit Union 2 6.44% $7,611
    EMM LOANS LLC 2 5.81% $6,683
    Meridian Bank Corporation 2 5.50% $13,414
    RADIUS FINANCIAL GROUP INC. 2 7.38% $5,639
    BECKAM FUNDING CORP. 2 7.00% $5,970
    DSLD MORTGAGE, LLC 2 5.74% $838
    BAYSHORE MORTGAGE FUNDING, LLC 2 6.75% $12,183
    BARKSDALE 2 6.81% $10,291
    RUOFF MORTGAGE COMPANY, INC. 2 6.94% $6,567
    Bank of Colorado 2 6.13% $4,408
    Austin Bank, Texas 2 6.19% $13,545
    DIRECT MORTGAGE LOANS, LLC 2 7.19% $8,577
    Guaranty Bank & Trust, N.A. 2 6.19% $4,699
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 6.81% $9,683
    1ST SIGNATURE LENDING, LLC 2 7.25% $5,404
    GROUP MORTGAGE, LLC 2 5.88% $12,880
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 6.50% $4,576
    M&T Bank 2 5.75% $13,154
    American Mortgage Bank, LLC 2 7.19% $3,389
    Security State Bank & Trust 2 6.94% $4,268
    S&S Financial 2 6.50% $7,078
    CityWorth Mortgage LLC 2 6.88% $9,060
    FIRST COLONY MORTGAGE CORPORATION 2 5.13% $20,909
    MLD MORTGAGE INC. 2 6.56% $10,675
    ON Q FINANCIAL, INC. 2 6.75% $2,729
    Old National Bank 2 5.94% $11,197
    Pacific Lending LLC 2 7.00% $6,157
    NP, Inc. 2 5.69% $5,343
    NJ LENDERS CORP. 2 5.69% $9,440
    First National Bank and Trust Company 1 5.13% $9,862
    First Internet Bank of Indiana 1 5.49% $4,101
    First International Bank & Trust 1 5.25% $10,107
    Southside Bank 1 7.13% $14,630
    First Federal Bank of Kansas City 1 6.13% $12,243
    First Community Bank 1 5.75% $10,704
    Stifel Bank and Trust 1 5.75% $3,154
    Willamette Valley Bank 1 6.75% $3,997
    First-Citizens Bank & Trust Company 1 5.75% $4,151
    FINANCIAL CONCEPTS MORTGAGE, LLC 1 6.25% $272
    Fifth Third Bank 1 5.88% $1,202
    Exchange Bank 1 5.63% $4,360
    Evolve Bank & Trust 1 6.38% $12,306
    Eagle Bank and Trust Company 1 5.75% $19,842
    Texas Mortgage Lending, LLC 1 6.63% $16,028
    D. L. Evans Bank 1 5.25% $12,067
    NETWORK CAPITAL FUNDING CORPORATION 1 5.50% $14,325
    DELMAR FINANCIAL COMPANY 1 6.13% $547
    THOMPSON KANE & COMPANY, LLC 1 6.38% $11,009
    CRESCENT MORTGAGE COMPANY 1 5.75% $7,354
    Core Bank 1 5.75% $6,049
    TOTAL MORTGAGE SERVICES, LLC 1 6.63% $5,878
    Towne Bank 1 5.63% $11,587
    City National Bank of Florida 1 7.13% $28,555
    Citizens Bank of Las Cruces 1 6.25% $10,130
    Citibank 1 5.75% $7,215
    Chickasaw Community Bank 1 6.50% $5,488
    CHARTER WEST BANK 1 4.75% $5,961
    Acre Mortgage and Financial Inc 1 6.13% $16,773
    CBM Mortgage, Inc. 1 6.25% $10,688
    CAPITAL CONCEPTS, INC. 1 7.00% $9,192
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 6.88% $12,299
    Cambria Financial Group, LLC 1 4.99% $6,089
    UNIVERSAL MORTGAGE & FINANCE, INC. 1 7.25% $12,586
    BELEM SERVICING LLC 1 7.00% $1,990
    BAY-VALLEY MORTGAGE GROUP 1 5.75% $17,249
    AAXY L.L.C. 1 6.13% $10,245
    Atlantic Union Bank 1 6.25% $6,134
    VeraBank 1 7.75% $6,507
    VERITAS FUNDING, LLC 1 5.99% $6,516
    Atlantic Coast Mortgage, LLC 1 5.25% $7,392
    ASCENT HOME LENDING, LLC 1 6.25% $10,392
    ALLIED MORTGAGE GROUP, INC. 1 7.63% $5,943
    ALAMEDA MORTGAGE CORPORATION 1 6.13% $7,615
    WesBanco 1 5.00% $7,199
    WESTSTAR MORTGAGE CORPORATION 1 5.75% $15,490
    ONY GLO, INC. 1 5.25% $13,688
    The Huntington National Bank 1 5.88% $28,569
    NASA Federal Credit Union 1 6.13% $25,082
    MORTGAGE EQUITY PARTNERS LLC 1 6.99% $11,240
    MOBILOIL 1 7.13% $6,171
    MidFirst Bank 1 5.63% $17,433
    METROPLEX MORTGAGE SERVICES, INC. 1 7.75% $27,263
    Platinum Home Mortgage Corporation 1 7.25% $7,410
    MEGASTAR FINANCIAL CORP. 1 6.25% $25,611
    POINT Mortgage 1 5.13% $3,272
    LOANPAL, LLC 1 5.00% $15,359
    LOANFLIGHT LENDING, LLC 1 6.25% $11,488
    Lincoln Savings Bank 1 6.63% $3,553
    LIBERTY HOME MORTGAGE CORPORATION 1 7.13% $3,344
    Preston Home Loans Inc 1 6.75% $7,771
    LHM FINANCIAL CORPORATION 1 5.75% $9,069
    LENOX FINANCIAL MORTGAGE CORPORATION 1 5.25% $14,324
    Princeton Mortgage Corporation 1 7.25% $8,119
    LADERA LENDING, INC. 1 6.00% $13,884
    KeyBank 1 6.25% $13,381
    KELLER MORTGAGE, LLC 1 4.88% $12,034
    Inwood National Bank 1 5.63% $15,503
    RANLIFE, INC. 1 6.75% $14,595
    R Bank 1 6.50% $12,213
    INTERCOASTAL MORTGAGE COMPANY 1 5.75% $10,060
    HOMEXPRESS MORTGAGE CORP. 1 7.00% $2,852
    HOMEWAY MORTGAGE LLC 1 6.63% $5,686
    RELIANCE FIRST CAPITAL, LLC 1 7.25% $3,836
    HOMESTAR FINANCIAL CORPORATION 1 6.63% $9,682
    HOME FUNDING CORPORATION 1 6.50% $16,580
    HighTechLending Inc 1 7.13% $21,077
    Hamilton Mortgage Corporation 1 6.75% $8,523
    RESOURCE FINANCIAL SERVICES, INC. 1 7.25% $17,059
    Gulf Coast Bank and Trust Company 1 6.13% $10,058
    Golden Empire Mortgage, Inc. 1 6.63% $5,390
    Semper Home Loans, Inc. 1 7.00% $23,421
    F&M Bank 1 5.63% $12,075
    F & M Bank 1 5.25% $5,000
    SHELTER HOME MORTGAGE, LLC 1 6.75% $11,410
    SIWELL, INC. 1 6.25% $9,395

    The top Texas VA lender as defined by loan originations is Mortgage Research Center, LLC, with 5,442 VA loans originated. Their average total fees are $7,629, which is $544 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Texas VA lenders (with over 10 loans originated) are SOUTHWEST STAGE FUNDING, LLC ($3,021), MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,104), EAGLE HOME MORTGAGE, LLC ($4,328), FIRST CONTINENTAL MORTGAGE, LTD. ($4,438) and CHERRY CREEK MORTGAGE, LLC ($4,568).

    The lowest rate Texas VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.73%), DHI MORTGAGE COMPANY, LTD. (5.28%), INSPIRE HOME LOANS INC. (5.36%), SOUTHERN LENDING SERVICES, LTD. (5.43%) and BNC National Bank (5.47%).

    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.