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 6.85% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Texas's average VA mortgage closing costs are $16,760.

    The average rate for the prior week (2025-05-16) was 6.33% and one month ago for the week of 2025-04-18, the average rate was 6.6%.

    The average rate one year ago was 6.42%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.4%.

    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 6,040 6.34% $6,690
    UNITED WHOLESALE MORTGAGE, LLC 4,638 5.85% $6,933
    DHI MORTGAGE COMPANY, LTD. 3,162 4.89% $7,621
    FREEDOM MORTGAGE CORPORATION 1,862 5.97% $7,384
    EAGLE HOME MORTGAGE, LLC 1,584 4.45% $3,614
    NAVY FEDERAL CREDIT UNION 1,418 5.90% $6,572
    QUICKEN LOANS, LLC 1,120 5.94% $10,156
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1,119 6.34% $7,653
    PENNYMAC LOAN SERVICES, LLC 1,083 5.58% $8,276
    CMG MORTGAGE, INC. 1,057 6.10% $12,843
    LOANDEPOT.COM, LLC 930 5.72% $11,411
    CROSSCOUNTRY MORTGAGE, LLC 912 6.28% $8,479
    VILLAGE CAPITAL MORTGAGE 835 5.66% $6,618
    MORTGAGE SOLUTIONS OF COLORADO, LLC 794 7.17% $4,225
    USAA Federal Savings Bank 779 6.25% $9,199
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 765 5.98% $7,815
    PRIMELENDING, A PLAINSCAPITAL COMPANY 697 6.05% $7,546
    GUILD MORTGAGE COMPANY 625 6.28% $11,189
    NEWREZ LLC 546 6.03% $8,705
    PULTE MORTGAGE LLC 524 4.96% $5,492
    KBHS HOME LOANS, LLC 484 5.76% $5,834
    GUARANTEED RATE, INC. 463 6.04% $6,762
    VELOCIO MORTGAGE L.L.C. 461 5.09% $5,181
    PLANET HOME LENDING, LLC 394 5.69% $5,821
    DIRECTIONS EQUITY, LLC 376 6.03% $6,478
    SFMC, LP 375 5.95% $12,334
    CORNERSTONE HOME LENDING, INC. 350 5.95% $7,719
    First National Bank Texas 335 5.96% $6,076
    BROKER SOLUTIONS, INC. 332 6.38% $11,386
    HOMESIDE FINANCIAL, LLC 323 6.26% $11,430
    MOVEMENT MORTGAGE, LLC 311 6.18% $10,935
    SWBC MORTGAGE CORPORATION 299 6.18% $8,175
    Equity Prime Mortgage LLC 296 6.56% $9,119
    AMERICAN PACIFIC MORTGAGE CORPORATION 295 6.35% $12,907
    CARDINAL FINANCIAL 290 6.41% $14,902
    LAKEVIEW LOAN SERVICING, LLC 273 5.70% $6,432
    CLM MORTGAGE, INC 264 5.91% $5,605
    M/I FINANCIAL, LLC 255 5.26% $15,039
    INSPIRE HOME LOANS INC. 242 4.89% $7,089
    GARDNER FINANCIAL SERVICES, LTD. 234 6.16% $14,759
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 224 6.34% $9,420
    MORTGAGE FINANCIAL SERVICES, LLC 219 6.32% $11,070
    PLAZA HOME MORTGAGE, INC. 210 6.03% $9,578
    Gateway First Bank 196 6.22% $9,458
    Century Mortgage Company DBA Century Lending Company 196 6.04% $7,443
    Network Funding, L.P. 195 6.08% $10,204
    Mr. Cooper ( Nationstar Mortgage ) 193 6.03% $6,560
    EVERETT FINANCIAL, INC. 192 6.45% $12,362
    Rocky Mountain Mortgage Company 183 5.83% $5,657
    Paramount Residential Mortgage Group, Inc. 180 6.24% $10,497
    NBKC BANK 180 5.91% $7,694
    FIRST CONTINENTAL MORTGAGE, LTD. 178 5.57% $6,531
    NATIONS RELIABLE LENDING, LLC 173 6.34% $9,481
    AmeriHome Mortgage Company, LLC 171 6.05% $5,363
    Lakeview Community Capital, LLC 170 5.69% $6,314
    Flagstar Bank, FSB 170 6.29% $8,719
    CRESTMARK MORTGAGE COMPANY, LTD. 170 5.74% $7,706
    First United Bank and Trust Company 168 6.22% $12,423
    V.I.P. MORTGAGE, INC. 157 6.03% $11,187
    Plains Commerce Bank 153 6.12% $11,279
    PRIORITY HOME MORTGAGE, L.P. 153 5.53% $7,756
    PILGRIM MORTGAGE LLC 147 6.19% $10,806
    LOANPEOPLE, LLC 145 6.22% $16,073
    T2 FINANCIAL LLC 135 6.44% $9,486
    First Financial Bank 135 6.10% $8,411
    PENTAGON FEDERAL CREDIT UNION 134 6.01% $8,500
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 127 6.34% $10,471
    SUN WEST MORTGAGE COMPANY, INC. 126 5.93% $7,665
    Barrington Bank & Trust Company, N.A. 124 6.21% $6,893
    INTERLINC MORTGAGE SERVICES, LLC 123 5.71% $5,563
    Commerce Home Mortgage, Inc. 120 6.27% $11,542
    DAS Acquisition Company, LLC 120 6.22% $8,583
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 116 5.78% $4,851
    GUARANTEED RATE AFFINITY, LLC 114 6.14% $7,947
    City Bank 113 6.12% $8,330
    MUTUAL OF OMAHA MORTGAGE, INC. 106 6.22% $9,740
    FLAT BRANCH MORTGAGE, INC. 106 6.45% $8,805
    Mid-Continent Funding, Inc. 103 6.04% $9,152
    JPMorgan Chase Bank 102 5.91% $5,748
    SECURITYNATIONAL MORTGAGE COMPANY 99 6.33% $13,465
    Carrington Mortgage Services, LLC 99 5.94% $8,129
    UNION HOME MORTGAGE CORP. 98 5.99% $13,540
    BROOKHOLLOW MORTGAGE SERVICES, LTD 98 5.52% $9,568
    First Federal Bank 95 5.81% $8,730
    CADENCE LENDING GROUP, INC. 95 6.09% $10,020
    ADVISA MORTGAGE SERVICES, LTD. 92 5.75% $6,724
    South Pacific Financial Corporation 91 5.41% $8,203
    THE MORTGAGE LINK, INC. 91 6.25% $25,297
    TOWNE MORTGAGE COMPANY 84 6.11% $11,764
    EUSTIS AND AMERICAN MORTGAGE COMPANY 84 6.51% $7,348
    JET HOMELOANS, LLC 81 5.66% $8,454
    ENVOY MORTGAGE, LTD 80 6.33% $11,159
    CLEARPATH LENDING 80 5.60% $5,958
    Prosperity Home Mortgage, LLC 79 6.28% $11,686
    The Loan Store, Inc. 79 6.16% $11,220
    BancorpSouth 77 6.21% $8,557
    Armed Forces Bank 77 6.10% $9,605
    SUMMIT FUNDING, INC. 77 6.33% $10,269
    SOUTHWEST FUNDING, LP 76 6.32% $9,787
    American National Bank & Trust 75 6.06% $9,394
    PATRIOT MORTGAGE COMPANY 72 5.70% $7,517
    AMERICAN FINANCIAL NETWORK, INC. 69 6.47% $8,558
    BAY EQUITY LLC 67 6.27% $8,368
    Republic State Mortgage Co. 67 5.86% $9,305
    U.S. Bank 63 5.97% $10,563
    GoPrime Mortgage, Inc. 62 6.18% $10,308
    MID AMERICA MORTGAGE, INC. 60 6.40% $20,146
    CANOPY MORTGAGE, LLC 60 6.18% $14,107
    S1L, Inc. 58 6.22% $12,948
    Sunflower Bank 58 5.99% $13,067
    LEGEND LENDING CORPORATION 58 6.44% $13,541
    Trinity Oaks Mortgage, LLC 56 6.05% $11,425
    First Bank 53 6.17% $13,120
    PHH Mortgage Corporation 53 5.49% $5,675
    WILLOW BEND MORTGAGE COMPANY, LLC 52 6.43% $9,094
    Nations Lending Corporation 51 6.54% $9,096
    ZILLOW HOME LOANS, LLC 51 6.06% $8,176
    SOUTHERN LENDING SERVICES, LTD. 51 5.66% $7,052
    Waterstone Mortgage Corporation 51 6.43% $9,356
    Wallick & Volk, Inc. 50 6.15% $8,978
    Sierra Pacific Mortgage Company, Inc. 50 6.22% $10,462
    NFM, INC. 47 6.28% $11,693
    Encompass Lending Group, LP 46 6.66% $10,172
    Wolfe Financial, Inc 44 6.77% $6,190
    TEXAS TECH 44 6.30% $7,945
    Credence Funding Corporation 44 5.63% $6,567
    RB MORTGAGE LLC 43 6.07% $7,464
    MORTGAGEONE, INC. 42 6.77% $5,410
    GENEVA FINANCIAL, LLC 40 6.77% $9,911
    Extraco Banks 40 6.16% $8,840
    PREMIA MORTGAGE, LLC 40 5.77% $5,810
    SeaTrust Mortgage Company 39 6.26% $11,169
    CHURCHILL MORTGAGE CORPORATION 39 6.52% $13,034
    TBI MORTGAGE COMPANY 38 5.95% $8,384
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 36 6.13% $12,145
    Amarillo National Bank 35 6.15% $7,752
    SUCCESS MORTGAGE PARTNERS, INC. 35 6.66% $11,839
    AMERICAN FINANCIAL RESOURCES, INC. 34 6.51% $7,533
    American Mortgage & Equity Consultants, Inc. 34 6.46% $11,720
    Wells Fargo Bank 34 6.16% $8,273
    HOME FINANCING UNLIMITED, INC. 33 5.53% $9,725
    FBC MORTGAGE, LLC 32 6.01% $9,660
    HOMEBRIDGE FINANCIAL SERVICES, INC. 32 6.33% $7,897
    HALLMARK HOME MORTGAGE, LLC 31 6.43% $9,544
    The Federal Savings Bank 30 6.33% $10,184
    CITY FIRST MORTGAGE SERVICES, L.L.C. 28 6.48% $9,638
    PRIMARY RESIDENTIAL MORTGAGE, INC. 27 6.69% $7,421
    AFFORDABLE MORTGAGE ADVISORS, LLC. 27 6.42% $9,410
    SENTE MORTGAGE, INC. 26 6.14% $14,010
    Alliance Credit Union 26 6.08% $8,148
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 25 6.25% $8,332
    OPEN MORTGAGE, LLC 24 6.44% $7,915
    ASSOCIATED MORTGAGE CORPORATION 24 6.35% $9,291
    NEW FED MORTGAGE, CORP. 24 6.00% $12,050
    INTEGRITY MORTGAGE CORPORATION OF TEXAS 24 6.27% $10,069
    CALCON MUTUAL MORTGAGE LLC 23 6.33% $14,245
    UNIVERSITY Federal Credit Union 22 6.09% $9,288
    Alcova Mortgage LLC 22 5.95% $7,241
    NEW DAY FINANCIAL, LLC 21 6.80% $9,209
    Integrity Home Mortgage Corp 21 6.14% $6,304
    Cornerstone First Mortgage, Inc 21 6.58% $9,828
    American Mortgage Bank, LLC 20 6.24% $13,062
    Strong Home Mortgage, LLC 20 5.88% $10,161
    Ameris Bank 19 6.10% $7,862
    TJC Mortgage, Inc. 19 5.72% $14,060
    FIRST EQUITY MORTGAGE INCORPORATED 19 5.94% $11,978
    HOMETRUST MORTGAGE COMPANY 19 6.52% $9,743
    Independent Bank 18 6.06% $9,161
    Magnolia Bank 16 5.88% $8,667
    LEADERONE FINANCIAL CORPORATION 16 6.74% $10,375
    UNION SQUARE 16 6.21% $6,880
    HOMEAMERICAN MORTGAGE CORPORATION 16 4.83% $4,242
    Florida Capital Bank 16 6.17% $8,920
    Jefferson Bank 16 5.77% $9,449
    SOUTHWEST STAGE FUNDING, LLC 15 6.03% $2,801
    Ixonia Bank 15 6.57% $11,291
    OCMBC, INC. 14 6.65% $8,319
    ALLIED MORTGAGE GROUP, INC. 13 6.08% $7,798
    First Option Mortgage, LLC 13 6.46% $10,381
    BOKF 13 6.58% $13,423
    First United Bank 13 5.87% $13,047
    FIRST COMMUNITY MORTGAGE, INC. 13 6.33% $9,803
    Bank of England 13 6.34% $9,843
    NORWICH COMMERCIAL GROUP, INC. 13 5.88% $10,604
    INTERCAP LENDING INC. 12 5.97% $8,432
    Old National Bank 12 5.63% $8,744
    JMAC LENDING, INC. 12 5.95% $11,531
    Centennial Bank 12 6.25% $9,727
    NATIONS DIRECT MORTGAGE, LLC 12 5.86% $11,457
    AMERISAVE MORTGAGE CORPORATION 11 5.92% $16,116
    Shea Mortgage Inc. 11 5.72% $5,267
    NBH Bank 11 6.21% $9,970
    HomePromise Corporation 11 7.33% $7,574
    First Horizon Bank 11 6.24% $12,648
    Commercial Bank of Texas 11 6.04% $10,049
    Texana Bank 10 6.44% $12,432
    Golden Empire Mortgage, Inc. 10 6.65% $9,982
    Residential Mortgage Solutions, Inc. 10 5.81% $5,644
    ALLIANT CREDIT UNION 9 5.54% $6,133
    Bank of America 9 5.93% $5,011
    PACIFIC RESIDENTIAL MORTGAGE, LLC 9 6.25% $13,197
    AXIA FINANCIAL, LLC 9 6.19% $16,001
    PNC Bank 9 6.54% $7,332
    DSLD MORTGAGE, LLC 9 5.49% $4,717
    Presidential Bank, FSB 9 6.51% $8,929
    FIRST COLONY MORTGAGE CORPORATION 9 5.64% $5,898
    MATTAMY HOME FUNDING, LLC 9 5.42% $6,718
    Watermark Capital, Inc. 8 5.89% $14,600
    The Central Trust Bank 8 5.98% $8,595
    Home Mortgage Alliance Corp 8 6.51% $14,127
    BETTER MORTGAGE CORPORATION 8 5.73% $9,383
    PREMIER MORTGAGE RESOURCES, L.L.C. 8 6.50% $11,787
    Keystone Funding, Inc. 8 6.16% $10,635
    Princeton Mortgage Corporation 7 6.38% $11,320
    Affiliated Bank 7 6.43% $12,165
    BAYSHORE MORTGAGE FUNDING, LLC 7 6.00% $7,973
    CONTOUR MORTGAGE CORPORATION 7 6.63% $9,189
    DEVELOPER'S MORTGAGE COMPANY 7 6.48% $7,003
    Granite Community Bank 7 6.04% $5,328
    LRS FINANCIAL NETWORK, INC. 7 6.27% $9,396
    North American Savings Bank, F.S.B. 7 5.91% $8,482
    Truist 7 6.39% $13,454
    Hamilton Mortgage Corporation 6 6.31% $9,480
    HOMESPIRE MORTGAGE CORPORATION 6 5.90% $8,439
    US MORTGAGE CORPORATION 6 6.54% $8,537
    Arvest Bank 6 6.19% $10,581
    Bell Bank 6 6.15% $4,715
    MLD MORTGAGE INC. 6 6.31% $6,523
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 6 7.08% $7,588
    RANLIFE, INC. 6 6.17% $12,844
    First State Bank 6 6.17% $10,807
    GMFS LLC 6 6.37% $8,124
    NETWORK CAPITAL FUNDING CORPORATION 6 6.02% $12,256
    TruHome Solutions, LLC 5 6.20% $7,617
    Town Square Mortgage & Investments, Inc. 5 7.05% $10,336
    Texas Mortgage Lending, LLC 5 6.50% $6,713
    TEXAS DOW EMPLOYEES CREDIT UNION 5 6.50% $6,894
    Prosperity Bank 5 7.03% $4,676
    CASTLE & COOKE MORTGAGE, LLC 5 6.23% $8,855
    Stride Bank 5 6.28% $8,528
    INTELLILOAN, INC. 5 5.90% $2,279
    VeraBank 5 6.78% $10,005
    Regions Bank 5 5.85% $11,163
    HOMEOWNERS FINANCIAL GROUP USA, LLC 5 6.13% $12,964
    Vellum Mortgage, Inc. 5 5.93% $7,586
    VAN DYK MORTGAGE CORPORATION 5 6.02% $7,371
    Guaranty Bank & Trust, N.A. 5 6.33% $5,103
    ALTRA 5 6.45% $4,955
    MORTGAGE ACCESS CORP. 5 6.05% $12,265
    ASCENT HOME LENDING, LLC 5 6.01% $10,354
    UNITED MORTGAGE CORP 5 6.53% $16,611
    Assurance Financial Group, L.L.C. 5 6.53% $8,273
    SIRVA MORTGAGE, INC. 4 6.53% $9,645
    MASON MCDUFFIE MORTGAGE CORPORATION 4 5.94% $20,285
    HOMESTEAD FUNDING CORP. 4 5.78% $3,557
    NATIONWIDE MORTGAGE BANKERS, INC. 4 6.75% $12,823
    NAVY ARMY COMMUNITY CREDIT UNION 4 6.03% $5,788
    Great Plains National Bank 4 6.00% $6,295
    NOVA FINANCIAL & INVESTMENT CORPORATION 4 6.62% $12,481
    Goldwater Bank, N.A. 4 6.72% $8,046
    Origin Bank 4 6.38% $3,283
    PANORAMA MORTGAGE GROUP, LLC 4 6.38% $10,859
    Performance Financial, Inc. 4 6.09% $9,812
    First National Bank 4 5.91% $13,150
    FirstLight Federal Credit Union 4 5.81% $6,153
    Farmers Bank & Trust 4 6.09% $4,864
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 4 6.03% $13,968
    Renasant Bank 4 5.97% $7,649
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 4 5.81% $13,167
    COMPASS MORTGAGE, INC. 4 6.94% $10,874
    BM Real Estate Services, Inc. 4 6.09% $7,621
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 4 6.09% $14,786
    Zions Bank 4 5.81% $22,395
    Stifel Bank and Trust 3 5.92% $8,295
    STOCKTON MORTGAGE CORPORATION 3 5.50% $17,078
    CLIFFCO, INC. 3 7.00% $12,068
    Citizens Bank 3 6.46% $9,339
    AMERICAN INTERNET MORTGAGE, INC. 3 5.63% $12,380
    MORIA DEVELOPMENT, INC. 3 6.17% $14,503
    WESTSTAR MORTGAGE CORPORATION 3 5.13% $8,818
    Midwest Mortgage Associates Corporation 3 6.12% $10,681
    ENDEAVOR CAPITAL, LLC. 3 6.46% $5,316
    Flanagan State Bank 3 6.63% $5,327
    EECU 3 6.42% $7,674
    Towne Bank 3 6.00% $10,314
    Atlantic Coast Mortgage, LLC 3 6.16% $11,805
    MICHIGAN MUTUAL, INC. 3 6.50% $5,865
    MEMBER FIRST MORTGAGE, LLC 3 6.29% $8,730
    DIRECT MORTGAGE, CORP. 3 6.00% $17,491
    Legends Bank 3 5.91% $12,977
    Farmers Bank & Trust Company 3 6.79% $12,424
    AHL FUNDING 3 6.08% $4,726
    AMERICAN FINANCING CORPORATION 3 6.38% $6,352
    NexBank 3 6.21% $6,248
    PREMIER LENDING, INC. 2 6.87% $8,021
    TIB The Independent Bankersbank 2 6.63% $8,066
    INFINITY EQUITY GROUP, INC. 2 7.00% $10,240
    FIDELITY BANK 2 6.75% $24,499
    Security State Bank & Trust 2 7.13% $8,166
    International Bank of Commerce 2 6.50% $11,252
    ALAMEDA MORTGAGE CORPORATION 2 6.25% $16,131
    Semper Home Loans, Inc. 2 6.63% $11,246
    Eagle Bank and Trust Company 2 5.94% $7,388
    GSF Mortgage Corporation 2 6.19% $11,654
    Service Federal Credit Union 2 6.38% $7,409
    Servion, Inc. 2 6.56% $8,730
    UMB Bank 2 6.25% $15,288
    Preston Home Loans Inc 2 7.13% $8,517
    ASSOCIATED CREDIT UNION OF TEXAS 2 6.69% $9,593
    Merchants Bank of Indiana 2 6.06% $16,514
    AMERITRUST MORTGAGE CORPORATION 2 7.44% $4,133
    DIRECT MORTGAGE LOANS, LLC 2 5.88% $13,937
    GROUP MORTGAGE, LLC 2 6.25% $13,210
    AMPLIFY 2 6.13% $5,105
    MLB RESIDENTIAL LENDING, LLC 2 6.50% $13,666
    Pacific Lending LLC 2 5.94% $28,803
    CityWorth Mortgage LLC 2 6.13% $14,865
    EVANSVILLE TEACHERS 2 6.69% $14,409
    ML Mortgage Corp. 2 7.12% $12,921
    LOANPAL, LLC 2 5.81% $7,823
    GERSHMAN INVESTMENT CORP. 2 5.19% $12,109
    Northpointe Bank 2 5.44% $10,479
    Academy Bank 2 5.75% $4,417
    LENOX FINANCIAL MORTGAGE CORPORATION 2 5.56% $21,760
    Residential Acceptance Corporation 2 7.75% $9,592
    Paramount Bank 2 6.13% $6,424
    ENCORE BANK 2 6.06% $7,317
    M&T Bank 2 5.94% $5,832
    PLUS RELOCATION MORTGAGE, LLC 2 6.50% $24,390
    Loan Simple, Inc. 2 7.31% $12,721
    OCEANSIDE MORTGAGE COMPANY 2 5.75% $9,946
    First Federal Bank, A FSB 2 5.81% $11,903
    THE MORTGAGE FIRM, INC. 2 6.50% $2,588
    LOANLEADERS OF AMERICA, INC. 1 5.75% $7,643
    Trustmark National Bank 1 6.88% $21,437
    Meridian Bank Corporation 1 6.25% $5,898
    Leaders Credit Union 1 6.25% $7,450
    ARC HOME LLC 1 5.99% $10,082
    Lone Star National Bank 1 6.13% $15,131
    NASA Federal Credit Union 1 6.25% $12,105
    HighTechLending Inc 1 5.99% $8,510
    HIGHLAND HOMELOANS, LLC 1 5.88% $3,626
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.00% $1,075
    Gulf Coast Bank and Trust Company 1 6.50% $6,417
    Hometown Equity Mortgage, LLC 1 7.63% $13,494
    MOUNTAIN WEST FINANCIAL, INC. 1 6.00% $4,483
    GSB MORTGAGE, INC. 1 5.63% $7,918
    GREENSTATE CREDIT UNION 1 5.75% $18,931
    Great Southern Bank 1 6.63% $11,894
    Acre Mortgage and Financial Inc 1 6.25% $9,409
    NATION ONE MORTGAGE CORPORATION 1 6.00% $17,055
    NP, Inc. 1 6.50% $10,825
    HOMEXPRESS MORTGAGE CORP. 1 5.88% $14,123
    ON Q FINANCIAL, INC. 1 6.25% $6,834
    ONY GLO, INC. 1 6.25% $6,879
    Victorian Finance, LLC 1 5.25% $24,145
    FM Home Loans, LLC 1 6.75% $5,628
    First Western Trust Bank 1 6.00% $4,170
    First Reliance Bank 1 5.63% $13,207
    First National Bank and Trust Company 1 6.75% $17,105
    AMERICAN FEDERAL MORTGAGE CORPORATION 1 6.25% $3,631
    Pinnacle Bank 1 5.75% $8,958
    FIRSTMARK 1 6.13% $8,971
    American Bank of Oklahoma 1 6.75% $7,045
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 6.50% $17,220
    First Heritage Mortgage, LLC 1 5.88% $9,266
    First Federal Bank 1 6.25% $7,076
    Fidelity Bank 1 6.13% $11,447
    American Bank of Commerce 1 6.50% $17,814
    Exchange Bank 1 6.00% $13,398
    Evolve Bank & Trust 1 5.75% $4,557
    MORTGAGE 1 INCORPORATED 1 6.00% $3,205
    Red River Bank 1 5.50% $3,357
    RESIDENTIAL MORTGAGE, LLC 1 6.13% $19,720
    Willamette Valley Bank 1 6.75% $800
    EMM LOANS LLC 1 6.25% $9,536
    RUOFF MORTGAGE COMPANY, INC. 1 6.25% $1,457
    Sabine State Bank and Trust Company 1 6.63% $5,086
    Sandy Spring Bank 1 5.25% $6,748
    EASTMAN 1 8.13% $4,848
    East Coast Capital Corp. 1 6.75% $20,091
    ServisFirst Bank 1 6.13% $1,968
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C 1 6.00% $8,041
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.25% $8,426
    Core Bank 1 5.75% $6,850
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.38% $8,862
    South State Bank 1 6.25% $11,802
    COMMUNITY MORTGAGE FUNDING, LLC 1 7.13% $8,286
    S&S Financial 1 5.63% $4,315
    STANDARD MORTGAGE CORPORATION 1 5.88% $17,104
    STAUNTON FINANCIAL, INC. 1 6.50% $8,634
    CITYWIDE HOME LOANS, LLC 1 6.08% $5,215
    Inwood National Bank 1 6.13% $13,894
    Capital Bank 1 6.75% $4,041
    Lincoln FSB of Nebraska 1 6.13% $2,577
    BELEM SERVICING LLC 1 6.88% $6,168
    MidFirst Bank 1 6.50% $17,112
    KeyBank 1 6.50% $5,928
    BARTLETT MORTGAGE, INC. 1 5.99% $12,174
    BARKSDALE 1 6.75% $8,550
    BANKSOUTH MORTGAGE COMPANY, LLC 1 6.50% $9,723
    The Freedom Bank of Virginia 1 5.25% $6,379
    The Huntington National Bank 1 6.25% $12,776
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 7.13% $2,289
    Axos Bank 1 6.63% $11,473
    Austin Bank, Texas 1 6.13% $7,159
    TOTAL MORTGAGE SERVICES, LLC 1 5.63% $15,009
    TOWN AND COUNTRY Credit Union 1 5.75% $8,870
    LADERA LENDING, INC. 1 5.50% $3,520
    LOANFLIGHT LENDING, LLC 1 6.13% $2,702

    The top Texas VA lender as defined by loan originations is Mortgage Research Center, LLC, with 6,040 VA loans originated. Their average total fees are $6,690, which is $243 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Texas VA lenders (with over 10 loans originated) are SOUTHWEST STAGE FUNDING, LLC ($2,801), EAGLE HOME MORTGAGE, LLC ($3,614), MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,225), HOMEAMERICAN MORTGAGE CORPORATION ($4,242) and K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. ($4,851).

    The lowest rate Texas VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.45%), HOMEAMERICAN MORTGAGE CORPORATION (4.83%), INSPIRE HOME LOANS INC. (4.89%), DHI MORTGAGE COMPANY, LTD. (4.89%) and PULTE MORTGAGE LLC (4.96%).

    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.