Texas VA Loan Rates, Closing Costs & Stats

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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 6.34% for the week of 2023-01-27, compared to the national average (all VA variants) of 5.952% for the same period.

    Texas's average VA mortgage closing costs are $5,832.

    The average rate for the prior week (2023-01-20) was 5.98% and one month ago for the week of 2022-12-23, the average rate was 6.35%.

    The average rate one year ago was 4.04%.

    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.

    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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Mortgage Research Center, LLC 8,150 2.85% $6,783
    FREEDOM MORTGAGE CORPORATION 8,054 2.42% $3,011
    QUICKEN LOANS, LLC 4,793 2.39% $4,116
    PENNYMAC LOAN SERVICES, LLC 4,218 2.34% $5,779
    USAA Federal Savings Bank 2,681 2.84% $5,297
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2,433 3.04% $7,735
    DHI MORTGAGE COMPANY, LTD. 2,373 2.73% $7,295
    NAVY FEDERAL CREDIT UNION 2,369 2.48% $5,882
    LOANDEPOT.COM, LLC 2,151 2.73% $6,864
    CALIBER HOME LOANS, INC. 2,049 2.52% $5,179
    LAKEVIEW LOAN SERVICING, LLC 1,868 2.46% $3,048
    Mr. Cooper ( Nationstar Mortgage ) 1,789 2.74% $3,916
    UNITED WHOLESALE MORTGAGE, LLC 1,714 2.51% $5,482
    VILLAGE CAPITAL MORTGAGE 1,566 2.39% $3,271
    CLEARPATH LENDING 1,521 2.32% $4,207
    AMERICAN PACIFIC MORTGAGE CORPORATION 1,327 2.83% $6,848
    Gateway First Bank 1,133 2.79% $6,357
    AMCAP MORTGAGE, LTD. 1,122 3.14% $9,931
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1,104 2.92% $7,036
    Wells Fargo Bank 1,055 2.52% $4,910
    GUARANTEED RATE, INC. 999 2.81% $6,776
    NEW DAY FINANCIAL, LLC 973 2.44% $5,120
    GUILD MORTGAGE COMPANY 897 2.90% $8,180
    PRIMELENDING, A PLAINSCAPITAL COMPANY 883 2.99% $9,537
    Lakeview Community Capital, LLC 862 2.49% $2,835
    EAGLE HOME MORTGAGE, LLC 799 2.86% $5,138
    HOME POINT FINANCIAL CORPORATION 789 2.51% $5,747
    PENTAGON FEDERAL CREDIT UNION 762 2.33% $3,140
    CMG MORTGAGE, INC. 739 2.86% $10,073
    CORNERSTONE HOME LENDING, INC. 610 3.09% $7,490
    PLANET HOME LENDING, LLC 600 2.60% $3,804
    SWBC MORTGAGE CORPORATION 599 3.00% $6,867
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 595 2.94% $8,861
    Low VA Rates, LLC 586 2.42% $4,096
    MOVEMENT MORTGAGE, LLC 569 2.88% $6,839
    PULTE MORTGAGE LLC 521 2.83% $5,467
    THRIVE MORTGAGE, LLC 489 2.95% $8,982
    AMERICAN FINANCIAL NETWORK, INC. 469 2.59% $9,461
    NEWREZ LLC 458 2.61% $4,212
    MORTGAGE FINANCIAL SERVICES, LLC 454 2.84% $7,929
    MID AMERICA MORTGAGE, INC. 448 2.98% $4,784
    BROKER SOLUTIONS, INC. 444 2.66% $6,264
    HOMEBRIDGE FINANCIAL SERVICES, INC. 406 2.52% $5,695
    First National Bank Texas 397 2.67% $7,203
    CROSSCOUNTRY MORTGAGE, LLC 382 2.92% $9,110
    Barrington Bank & Trust Company, N.A. 377 2.78% $5,015
    Carrington Mortgage Services, LLC 369 3.11% $4,728
    Commerce Home Mortgage, Inc. 367 2.78% $7,506
    First Guaranty Mortgage Corporation 361 2.48% $4,336
    INTERLINC MORTGAGE SERVICES, LLC 341 3.10% $8,906
    NATIONS RELIABLE LENDING, LLC 327 3.13% $8,597
    PLAZA HOME MORTGAGE, INC. 322 2.64% $6,605
    KBHS HOME LOANS, LLC 318 3.03% $7,732
    SFMC, LP 312 3.05% $11,633
    InterContinental Capital Group, Inc 304 2.36% $4,052
    SUN WEST MORTGAGE COMPANY, INC. 303 2.52% $4,879
    Flagstar Bank, FSB 293 2.59% $7,218
    First United Bank and Trust Company 292 2.78% $8,283
    NBKC BANK 290 2.47% $6,023
    CERTAINTY HOME LOANS, LLC 281 2.98% $7,985
    CLM MORTGAGE, INC 279 2.80% $6,627
    Rocky Mountain Mortgage Company 272 3.10% $4,278
    NP, Inc. 271 2.34% $5,041
    ACADEMY MORTGAGE CORPORATION 262 2.96% $9,215
    M/I FINANCIAL, LLC 254 2.70% $9,072
    VELOCIO MORTGAGE L.L.C. 253 2.92% $6,775
    ASPIRE FINANCIAL, INC. 247 2.46% $5,184
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 241 2.98% $8,364
    CRESTMARK MORTGAGE COMPANY, LTD. 237 2.82% $8,343
    ACCELERATE MORTGAGE, LLC 232 2.16% $5,755
    City Bank 229 2.74% $7,691
    Paramount Residential Mortgage Group, Inc. 222 2.85% $8,952
    Network Funding, L.P. 221 2.91% $8,241
    First Financial Bank 221 2.63% $7,690
    GUARANTEED RATE AFFINITY, LLC 220 2.62% $6,366
    AMERISAVE MORTGAGE CORPORATION 215 2.66% $5,687
    PILGRIM MORTGAGE LLC 214 2.75% $9,019
    The Federal Savings Bank 209 2.58% $5,877
    MUTUAL OF OMAHA MORTGAGE, INC. 207 2.83% $5,907
    North American Savings Bank, F.S.B. 192 2.46% $5,227
    WILLOW BEND MORTGAGE COMPANY, LLC 189 2.84% $7,928
    HOMESIDE FINANCIAL, LLC 185 3.01% $7,152
    SOUTHWEST FUNDING, LP 178 3.11% $12,411
    Citizens Bank 176 2.62% $8,311
    LOANPAL, LLC 164 2.54% $4,342
    DIRECTIONS EQUITY, LLC 163 2.94% $7,864
    V.I.P. MORTGAGE, INC. 163 2.79% $7,463
    Republic State Mortgage Co. 162 2.89% $7,704
    UNION HOME MORTGAGE CORP. 155 2.64% $6,696
    AmeriHome Mortgage Company, LLC 153 2.84% $2,652
    MORTGAGE SOLUTIONS OF COLORADO, LLC 148 3.32% $7,030
    Trinity Oaks Mortgage, LLC 148 2.87% $10,041
    LEADERONE FINANCIAL CORPORATION 146 2.92% $6,405
    Wallick & Volk, Inc. 143 3.03% $7,360
    EUSTIS AND AMERICAN MORTGAGE COMPANY 142 2.79% $7,103
    BROOKHOLLOW MORTGAGE SERVICES, LTD 140 2.93% $7,346
    CHERRY CREEK MORTGAGE, LLC 140 2.90% $5,532
    INSPIRE HOME LOANS INC. 139 2.97% $8,008
    EVERETT FINANCIAL, INC. 139 3.27% $7,896
    Prosperity Home Mortgage, LLC 134 2.71% $9,371
    BNC National Bank 130 2.33% $6,015
    ANGEL OAK HOME LOANS LLC 124 2.78% $7,719
    S1L, Inc. 124 3.07% $8,094
    Equity Prime Mortgage LLC 122 3.41% $6,003
    SECURITYNATIONAL MORTGAGE COMPANY 122 3.11% $9,831
    SENTE MORTGAGE, INC. 120 2.98% $8,682
    FIRST CONTINENTAL MORTGAGE, LTD. 119 2.95% $8,187
    South Pacific Financial Corporation 114 2.59% $10,236
    KS StateBank 108 2.35% $7,651
    ADVISA MORTGAGE SERVICES, LTD. 106 2.89% $9,173
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 106 2.86% $6,384
    NTFN, INC. 104 2.75% $7,710
    PRIORITY HOME MORTGAGE, L.P. 103 2.79% $9,574
    Paramount Bank 100 2.62% $8,339
    Nations Lending Corporation 100 2.78% $7,240
    PRIMARY RESIDENTIAL MORTGAGE, INC. 98 3.36% $8,072
    CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 98 3.02% $8,176
    CADENCE LENDING GROUP, INC. 96 2.81% $6,304
    KELLER MORTGAGE, LLC 95 2.73% $9,424
    Hometown Lenders, Inc. 88 3.07% $8,596
    Amerifirst Financial, Inc. 88 2.85% $6,759
    HOMETRUST MORTGAGE COMPANY 86 2.77% $8,378
    First Bank 84 2.93% $8,059
    First Bank & Trust 84 2.93% $6,225
    TJC Mortgage, Inc. 82 2.32% $4,815
    GREAT WESTERN FINANCIAL SERVICES, INC. 81 2.84% $7,949
    RB MORTGAGE LLC 81 2.68% $8,740
    American National Bank & Trust 80 2.51% $7,408
    FINANCE OF AMERICA MORTGAGE LLC 79 2.78% $7,226
    OPEN MORTGAGE, LLC 76 2.94% $7,411
    FBC MORTGAGE, LLC 75 2.78% $6,694
    Town Square Mortgage & Investments, Inc. 75 3.12% $7,314
    CONTOUR MORTGAGE CORPORATION 75 2.48% $4,798
    First Mortgage Solutions, LLC 74 2.27% $6,081
    Credence Funding Corporation 74 2.38% $2,905
    BancorpSouth Bank 74 2.82% $5,478
    DAS Acquisition Company, LLC 74 3.17% $8,248
    NATIONS DIRECT MORTGAGE, LLC 73 3.15% $7,166
    CHURCHILL MORTGAGE CORPORATION 72 2.74% $7,579
    Northpointe Bank 72 2.73% $8,082
    INTEGRITY MORTGAGE CORPORATION OF TEXAS 70 2.65% $7,797
    FIRST CENTENNIAL MORTGAGE CORPORATION 70 2.76% $7,057
    Colonial Savings, F.A. 67 2.88% $6,352
    LHM FINANCIAL CORPORATION 67 2.78% $7,457
    ZILLOW HOME LOANS, LLC 66 2.55% $8,865
    SOUTHERN LENDING SERVICES, LTD. 65 2.99% $6,229
    GENEVA FINANCIAL, LLC 65 3.00% $9,210
    Amarillo National Bank 65 2.57% $8,166
    SUMMIT FUNDING, INC. 64 3.16% $10,388
    Goldwater Bank, N.A. 64 3.06% $9,813
    Sunflower Bank 62 2.79% $6,750
    AMERICAN FINANCING CORPORATION 62 2.52% $5,353
    SOUTHWEST STAGE FUNDING, LLC 59 3.18% $3,465
    T2 FINANCIAL LLC 58 2.83% $8,174
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 58 3.09% $10,057
    TEXAS TECH 58 2.75% $7,690
    U.S. Bank 56 2.70% $8,442
    Magnolia Bank 56 2.54% $5,560
    Strong Home Mortgage, LLC 56 2.39% $5,825
    BOKF 56 2.74% $9,424
    PATRIOT MORTGAGE COMPANY 55 2.71% $5,370
    Wyndham Capital Mortgage, Inc. 54 2.39% $4,487
    ENVOY MORTGAGE, LTD 53 3.16% $9,090
    M&T Bank 53 2.56% $4,600
    Austin Capital Bank SSB 52 2.73% $7,983
    NETWORK CAPITAL FUNDING CORPORATION 52 2.47% $2,752
    STEARNS LENDING, LLC 51 2.49% $5,026
    Mid-Continent Funding, Inc. 51 2.78% $8,117
    CANOPY MORTGAGE, LLC 49 2.49% $9,081
    AMERICA'S CHOICE HOME LOANS LP 48 2.83% $7,248
    FC LENDING, LTD. 47 2.91% $11,419
    VAN DYK MORTGAGE CORPORATION 46 2.88% $5,531
    The Home Loan Expert LLC 45 2.46% $7,684
    SOVEREIGN LENDING GROUP INCORPORATED 45 2.55% $3,515
    CELEBRITY HOME LOANS, LLC 45 2.91% $9,996
    PREMIA MORTGAGE, LLC 45 2.46% $6,785
    LEGEND LENDING CORPORATION 44 3.02% $7,953
    BARTON CREEK LENDING GROUP, LLC 44 2.55% $7,390
    Waterstone Mortgage Corporation 42 3.16% $7,972
    GIBRALTAR MORTGAGE SERVICES, LLC 42 2.90% $9,325
    Independent Bank 42 2.86% $7,444
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 41 3.07% $6,286
    CALCON MUTUAL MORTGAGE LLC 40 3.67% $8,178
    UNION SQUARE 39 2.61% $6,974
    DRAPER AND KRAMER MORTGAGE CORP. 39 2.98% $7,526
    LEGACY MORTGAGE LLC 38 3.19% $8,963
    ASSOCIATED MORTGAGE CORPORATION 38 2.77% $7,703
    HOME FINANCING UNLIMITED, INC. 35 2.65% $10,847
    Bank of England 34 2.90% $7,596
    Armed Forces Bank 32 2.42% $4,082
    PHH Mortgage Corporation 31 2.92% $3,207
    Truist 31 2.70% $4,144
    First National Bank 30 2.81% $7,219
    INTERCAP LENDING INC. 30 2.49% $3,914
    FIRST EQUITY MORTGAGE INCORPORATED 30 2.57% $11,322
    First Home Bank 30 2.87% $7,052
    JPMorgan Chase Bank 29 2.81% $6,550
    First Federal Bank of Kansas City 29 2.34% $5,196
    Happy State Bank 29 2.53% $7,856
    First Savings Bank 28 2.76% $9,675
    LOANPEOPLE, LLC 28 2.77% $7,350
    First State Bank 27 2.77% $9,035
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C 27 2.81% $12,821
    Affiliated Bank 26 2.55% $8,417
    MICHIGAN MUTUAL, INC. 26 3.31% $11,490
    PANORAMA MORTGAGE GROUP, LLC 26 3.13% $6,679
    INFINITY MORTGAGE HOLDINGS, LLC 25 2.82% $6,699
    Jefferson Bank 24 2.61% $8,732
    COUNTRYPLACE MORTGAGE, LTD. 23 3.08% $13,846
    HAMILTON HOME LOANS, INC. 23 3.26% $7,970
    HANCOCK MORTGAGE PARTNERS, LLC 23 3.26% $9,526
    LRS FINANCIAL NETWORK, INC. 22 2.49% $7,550
    Encompass Lending Group, LP 21 2.95% $13,088
    Meridian Bank Corporation 21 2.38% $4,881
    CITY FIRST MORTGAGE SERVICES, L.L.C. 21 3.21% $6,460
    AMERICAN FINANCIAL RESOURCES, INC. 21 3.61% $7,510
    Capital Bank 21 2.30% $6,235
    Prime Choice Funding Inc. 21 2.40% $4,268
    THE MORTGAGE FIRM, INC. 20 2.68% $6,918
    NBH Bank 20 2.47% $9,010
    Assurance Financial Group, L.L.C. 20 2.66% $9,612
    NexBank 20 2.76% $9,148
    LENDING 3, INC. 20 2.66% $5,712
    Commercial Bank of Texas 19 2.58% $6,060
    Watermark Capital, Inc. 19 2.53% $6,780
    UNIVERSITY LENDING GROUP, LLC 18 2.88% $8,536
    LENDUS, LLC 18 2.81% $10,348
    SIWELL, INC. 18 2.58% $4,359
    Community First National Bank 18 2.49% $4,756
    NOVA FINANCIAL & INVESTMENT CORPORATION 18 2.69% $5,645
    Ixonia Bank 17 2.86% $8,939
    Origin Bank 17 2.84% $5,697
    TOWNE MORTGAGE COMPANY 17 2.91% $6,905
    TBI MORTGAGE COMPANY 17 2.59% $10,611
    FLAT BRANCH MORTGAGE, INC. 17 3.08% $12,000
    MORTGAGEONE, INC. 16 2.73% $4,681
    DIRECT MORTGAGE LOANS, LLC 16 3.37% $6,276
    Loan Simple, Inc. 16 2.95% $7,739
    HOMEOWNERS FINANCIAL GROUP USA, LLC 16 2.90% $13,015
    Midwest Mortgage Associates Corporation 16 2.64% $8,286
    Southwest Bank 15 2.98% $5,517
    First United Bank 15 2.59% $9,789
    UNITED MORTGAGE CORP. 15 2.56% $4,105
    Hometown Equity Mortgage, LLC 14 3.19% $7,911
    BAY EQUITY LLC 14 2.80% $7,700
    LIBERTY HOME MORTGAGE CORPORATION 14 2.39% $5,718
    Guaranty Bank & Trust, N.A. 14 2.72% $9,496
    EMBRACE HOME LOANS, INC. 14 2.49% $5,398
    BAYSHORE MORTGAGE FUNDING, LLC 14 2.56% $4,246
    Regions Bank 13 2.67% $6,660
    MANN FINANCIAL INC. 12 2.84% $6,129
    HOMESTEAD FUNDING CORP. 12 2.28% $2,955
    SUCCESS MORTGAGE PARTNERS, INC. 12 3.11% $11,225
    FirstBank 11 2.52% $6,944
    GMFS LLC 11 2.77% $4,318
    CityWorth Mortgage LLC 11 2.55% $4,812
    Plains Commerce Bank 11 2.44% $6,662
    Atlantic Home Loans, Inc. 11 2.87% $5,955
    SIRVA MORTGAGE, INC. 11 3.09% $5,806
    Bank of America 10 2.86% $8,691
    GSF Mortgage Corporation 10 3.16% $6,603
    BECKAM FUNDING CORP. 10 3.18% $6,429
    RANLIFE, INC. 10 2.85% $8,282
    Extraco Banks 10 2.74% $7,483
    PNC Bank 10 2.79% $5,383
    First Midwest Bank 10 2.28% $3,419
    First Federal Bank 10 2.69% $8,629
    The Central Trust Bank 9 2.42% $6,759
    Opendoor Home Loans LLC 9 2.44% $8,379
    JET HOMELOANS, LLC 9 3.07% $10,992
    OVM FINANCIAL, INC. 9 3.19% $8,816
    JAMES B. NUTTER & COMPANY 9 2.60% $2,023
    State Bank of De Kalb 9 2.46% $4,901
    Prosperity Bank 9 2.60% $8,938
    United Fidelity Funding Corp. 9 3.14% $8,210
    CRESCENT MORTGAGE COMPANY 9 3.00% $4,648
    Zions Bancorporation, N.A. 9 2.57% $6,761
    Texana Bank 9 2.33% $4,103
    MEMBER FIRST MORTGAGE, LLC 9 3.17% $11,026
    FirstLight Federal Credit Union 9 2.42% $5,889
    OCMBC, INC. 9 3.14% $8,260
    OCEANSIDE MORTGAGE COMPANY 8 2.48% $1,181
    AmRes Corporation 8 2.61% $5,415
    First Horizon Bank 8 2.63% $10,718
    Pacific Lending LLC 8 2.64% $3,776
    Ameris Bank 8 2.58% $6,253
    MORTGAGE ACCESS CORP. 8 2.66% $10,560
    Great Plains National Bank 8 2.39% $7,500
    NFM, INC. 8 3.09% $5,638
    COMPASS MORTGAGE, INC. 7 2.54% $3,744
    BELEM SERVICING LLC 7 2.73% $4,471
    First Option Mortgage, LLC 7 3.38% $7,555
    Stride Bank 7 3.13% $11,913
    Florida Capital Bank 7 2.43% $10,163
    Stifel Bank and Trust 7 2.36% $5,099
    TruHome Solutions, LLC 7 2.80% $9,014
    Shea Mortgage Inc. 7 2.55% $7,140
    J. VIRGIL, INC. 6 2.96% $9,746
    TIAA, FSB 6 2.52% $8,136
    First National Bank of Omaha 6 2.85% $9,947
    FIRST COMMUNITY MORTGAGE, INC. 6 2.67% $6,186
    MORIA DEVELOPMENT, INC. 6 3.04% $9,009
    BKCO MORTGAGE, LLC 6 2.60% $5,631
    Priority Bank 6 2.25% $3,972
    Wolfe Financial, Inc 6 3.58% $6,747
    Lend Smart Mortgage, LLC 6 3.17% $8,920
    FIDELITY BANK 6 2.81% $9,603
    Simmons Bank 6 2.58% $4,397
    TEXAS DOW EMPLOYEES CREDIT UNION 6 3.40% $9,750
    NATIONWIDE MORTGAGE BANKERS, INC. 6 2.77% $6,348
    LADERA LENDING, INC. 6 2.67% $5,702
    Trustmark National Bank 6 2.48% $8,506
    Home Mortgage Alliance Corp 6 2.90% $8,060
    AXIA FINANCIAL, LLC 6 2.81% $6,205
    First Western Trust Bank 6 2.37% $4,477
    Arvest Bank 6 2.50% $6,307
    S&S Financial 6 2.25% $3,584
    R Bank 5 2.33% $3,875
    VeraBank 5 2.80% $3,965
    GERSHMAN INVESTMENT CORP. 5 2.78% $5,599
    Presidential Bank, FSB 5 2.55% $7,441
    Willamette Valley Bank 5 2.80% $10,616
    INLANTA MORTGAGE, INC. 5 2.88% $12,879
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 2.45% $8,678
    American Mortgage Bank, LLC 5 2.93% $6,159
    PLUS RELOCATION MORTGAGE, LLC 4 2.94% $10,456
    ARC HOME LLC 4 2.50% $5,795
    INTERCOASTAL MORTGAGE COMPANY 4 2.56% $3,868
    Core Bank 4 2.37% $6,616
    ML Mortgage Corp. 4 2.81% $4,570
    CHAMPIONS MORTGAGE LLC 4 2.44% $5,362
    UNIVERSAL LENDING CORPORATION 4 2.56% $3,994
    ALTRA 4 2.63% $8,398
    HOMEWAY MORTGAGE LLC 4 2.94% $10,170
    American Bank of Oklahoma 4 2.97% $8,680
    Blue Ridge Bank 4 2.75% $5,240
    West Town Bank & Trust 4 2.69% $6,846
    GSB MORTGAGE, INC. 4 3.09% $8,677
    Texas Bank Financial 4 3.06% $7,120
    Inwood National Bank 4 2.09% $12,501
    1ST FINANCIAL, INC. 4 3.09% $2,949
    WESTSTAR MORTGAGE CORPORATION 4 2.66% $4,017
    ROYAL UNITED MORTGAGE LLC 4 2.41% $2,411
    EECU 3 3.21% $6,738
    CALCULATED RISK ANALYTICS LLC 3 2.83% $9,455
    First Internet Bank of Indiana 3 2.38% $6,116
    Cambria Financial Group, LLC 3 2.25% $4,033
    Neighborhood Loans, Inc. 3 2.79% $6,058
    AMPLIFY 3 2.63% $15,475
    PREMIER LENDING, INC. 3 2.67% $5,976
    JMAC LENDING, INC. 3 3.04% $5,249
    UNITED SECURITY FINANCIAL CORP 3 2.21% $4,847
    Century Mortgage Company DBA Century Lending Company 3 2.79% $8,302
    Citibank 3 2.71% $5,680
    Citizens Bank of Las Cruces 3 2.88% $4,070
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 3 2.83% $5,226
    ALL WESTERN MORTGAGE, INC. 3 3.17% $8,662
    INTELLILOAN, INC. 3 2.54% $7,250
    Austin Bank, Texas 3 2.63% $9,916
    Alliance Credit Union 3 2.80% $5,466
    ALAMEDA MORTGAGE CORPORATION 3 2.63% $5,062
    First State Bank of St. Charles, Missouri 3 2.58% $6,950
    SOUTHPOINT FINANCIAL SERVICES, INC. 3 3.50% $4,619
    Red River Bank 3 2.38% $10,346
    Evolve Bank & Trust 3 2.71% $12,600
    RELIANCE FIRST CAPITAL, LLC 3 2.63% $4,503
    Renasant Bank 3 2.33% $8,973
    MASON MCDUFFIE MORTGAGE CORPORATION 3 2.67% $3,450
    Atlantic Union Bank 3 3.21% $4,949
    EASTMAN 3 3.63% $6,382
    ONY GLO, INC. 3 2.25% $3,325
    The Huntington National Bank 3 2.83% $10,884
    UMB Bank 3 2.50% $8,966
    BBVA USA 3 3.04% $5,836
    Cadence Bank, N.A. 3 2.54% $10,436
    COMMUNITYAMERICA 2 2.63% $13,185
    LENOX FINANCIAL MORTGAGE CORPORATION 2 3.00% $3,828
    LOANFLIGHT LENDING, LLC 2 2.38% $3,850
    MEGASTAR FINANCIAL CORP. 2 2.94% $4,638
    METROPLEX MORTGAGE SERVICES, INC. 2 2.50% $5,045
    DELMAR FINANCIAL COMPANY 2 2.63% $4,360
    MOUNTAIN WEST FINANCIAL, INC. 2 2.38% $11,366
    INLAND BANK & TRUST 2 2.81% $10,460
    CASTLE & COOKE MORTGAGE, LLC 2 2.69% $7,718
    IMPAC MORTGAGE CORP. 2 2.50% $1,236
    Eagle Bank and Trust Company 2 2.25% $9,003
    ON Q FINANCIAL, INC. 2 2.75% $13,530
    Hawthorn Bank 2 2.44% $8,964
    PARKSIDE LENDING, LLC 2 2.63% $4,372
    BARKSDALE 2 2.88% $6,525
    Bank of Colorado 2 2.44% $6,194
    RESIDENTIAL BANCORP. 2 2.25% $4,454
    RESIDENTIAL HOME FUNDING CORP. 2 2.50% $5,736
    SeaTrust Mortgage Company 2 2.75% $4,380
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 3.06% $11,311
    Sierra Pacific Mortgage Company, Inc. 2 2.88% $11,880
    F & M Bank 2 2.31% $8,340
    SRE MORTGAGE ALLIANCE INC. 2 2.06% $6,225
    STANDARD MORTGAGE CORPORATION 2 2.50% $11,659
    FirstTrust Home Loans, Inc. 2 2.88% $3,734
    STOCKTON MORTGAGE CORPORATION 2 2.75% $10,137
    Farmers Bank & Trust Company 2 2.50% $2,611
    THE EQUITABLE MORTGAGE CORPORATION 2 2.44% $10,808
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 2 2.25% $2,847
    First National Bank 2 2.25% $3,646
    American Momentum Bank 2 2.69% $7,862
    Farmers & Stockmens Bank 2 2.56% $8,420
    Triumph Bank 2 2.25% $3,401
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 2 3.00% $13,141
    FBT Mortgage, L.L.C. 2 2.25% $3,719
    FEDEX EMPLOYEES CREDIT ASSOCIATION 2 3.00% $14,025
    LAND HOME FINANCIAL SERVICES, INC. 2 2.50% $5,337
    BANKSOUTH MORTGAGE COMPANY, LLC 1 3.00% $7,731
    EMM LOANS LLC 1 2.75% $1,773
    Platinum Home Mortgage Corporation 1 3.75% $3,485
    TEXOMA COMMUNITY CREDIT UNION 1 7.75% $3,357
    Fifth Third Bank 1 2.63% $4,221
    AHL FUNDING 1 3.25% $4,263
    WESTERN EXPRESS LENDING 1 2.99% $4,022
    PIKE CREEK MORTGAGE SERVICES, INC. 1 4.00% $3,874
    GUARANTY HOME MORTGAGE CORPORATION 1 2.50% $7,793
    Luxury Mortgage Corp. 1 2.88% $5,043
    Peoples Bank 1 3.25% $12,246
    BEST CAPITAL FUNDING 1 2.50% $4,167
    Colten Mortgage, LLC 1 2.63% $1,766
    TOP FLITE FINANCIAL, INC. 1 3.75% $4,078
    TOWN AND COUNTRY Credit Union 1 2.25% $2,925
    Lincoln FSB of Nebraska 1 2.25% $11,184
    AMERICAN INTERNET MORTGAGE, INC. 1 2.38% $2,788
    Hancock Whitney Bank 1 2.38% $6,388
    JMJ FINANCIAL GROUP 1 2.75% $9,362
    BLUELEAF LENDING, LLC 1 3.13% $7,997
    Oakstar Bank 1 2.50% $2,051
    East Coast Capital Corp. 1 2.75% $19,485
    Northwest Federal Credit Union 1 3.25% $7,891
    EagleBank 1 2.25% $3,758
    Union Savings Bank 1 2.25% $2
    CALIFORNIA CREDIT UNION 1 3.50% $0
    DSLD MORTGAGE, LLC 1 2.55% $4,583
    HOMESPIRE MORTGAGE CORPORATION 1 3.88% $8,248
    COMMUNITIES OF ABILENE FEDERAL CREDIT UNION 1 2.88% $4,431
    INFINITY EQUITY GROUP, INC. 1 2.75% $5,771
    Cf Bank 1 2.25% $36,078
    Chambers Bank 1 2.63% $2,348
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 2.63% $4,389
    ALTITUDE FINANCIAL CORPORATION 1 2.63% $10,826
    Citizens National Bank of Greater St. Louis 1 2.25% $2,740
    U S WIDE FINANCIAL LLC 1 2.25% $9,606
    First Federal Bank 1 2.25% $2,293
    DEVELOPER'S MORTGAGE COMPANY 1 2.25% $5,476
    MidFirst Bank 1 2.88% $9,397
    Victorian Finance, LLC 1 2.38% $10,233
    CITYWIDE HOME LOANS, LLC 1 3.38% $2,606
    Alerus Financial 1 2.50% $10,802
    VISION ONE MORTGAGE, INC. 1 2.88% $9,435
    DATA MORTGAGE, INC. 1 2.75% $16,367
    Congressional Bank 1 2.25% $2,257
    Exchange Bank 1 2.25% $7,823
    FIRST STATE MORTGAGE SERVICES, LLC 1 2.25% $3,230
    Southside Bank 1 4.00% $3,360
    First Bank 1 2.25% $3,887
    EVANSVILLE TEACHERS 1 3.00% $4,170
    SUNSTREET MORTGAGE, LLC 1 2.25% $4,813
    Servion, Inc. 1 3.13% $3,191
    Academy Bank 1 2.50% $3,501
    GET A RATE LLC 1 2.88% $7,600
    INTERNATIONAL CITY MORTGAGE, INC. 1 2.88% $3,181
    Golden Empire Mortgage, Inc. 1 2.75% $10,593

    The top Texas VA lender as defined by loan originations is Mortgage Research Center, LLC, with 8,150 VA loans originated. Their average total fees are $6,783, which is $3,772 higher than the next largest lender, FREEDOM MORTGAGE CORPORATION.

    The lowest fee Texas VA lenders (with over 10 loans originated) are AmeriHome Mortgage Company, LLC ($2,652), NETWORK CAPITAL FUNDING CORPORATION ($2,752), Lakeview Community Capital, LLC ($2,835), Credence Funding Corporation ($2,905) and HOMESTEAD FUNDING CORP. ($2,955).

    The lowest rate Texas VA lenders (with over 10 loans originated) are ACCELERATE MORTGAGE, LLC (2.16%), First Mortgage Solutions, LLC (2.27%), First Midwest Bank (2.28%), HOMESTEAD FUNDING CORP. (2.28%) and Capital Bank (2.30%).

    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.