Virginia VA Loan Rates, Closing Costs & Stats

Virginia

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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.

    Virginia VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Virginia averaged 0.35% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Virginia's average VA mortgage closing costs are $7,756.

    The average rate for the prior week (2025-06-13) was 6.7% and one month ago for the week of 2025-05-16, the average rate was 6.96%.

    The average rate one year ago was 6.76%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.25%.

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

    Virginia 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 Virginia level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 3,566 6.37% $7,568
    UNITED WHOLESALE MORTGAGE, LLC 2,439 5.84% $9,063
    FREEDOM MORTGAGE CORPORATION 1,815 6.11% $10,827
    NAVY FEDERAL CREDIT UNION 1,365 5.88% $7,978
    QUICKEN LOANS, LLC 1,364 6.00% $11,946
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 959 6.25% $10,283
    MOVEMENT MORTGAGE, LLC 923 6.23% $10,180
    PENNYMAC LOAN SERVICES, LLC 916 5.63% $9,245
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 874 6.27% $8,683
    NVR Mortgage Finance, Inc. 603 6.15% $8,444
    VILLAGE CAPITAL MORTGAGE 600 5.67% $8,391
    NEWREZ LLC 570 6.10% $9,647
    Atlantic Coast Mortgage, LLC 523 6.23% $12,339
    CMG MORTGAGE, INC. 480 6.09% $12,961
    GUARANTEED RATE, INC. 398 5.96% $9,071
    Prosperity Home Mortgage, LLC 377 6.10% $10,557
    First Heritage Mortgage, LLC 363 6.11% $14,682
    SOUTHERN TRUST MORTGAGE, LLC 359 6.35% $17,283
    CROSSCOUNTRY MORTGAGE, LLC 349 6.25% $11,108
    USAA Federal Savings Bank 348 6.21% $10,336
    LOANDEPOT.COM, LLC 346 5.85% $11,924
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 285 6.27% $10,158
    NEW DAY FINANCIAL, LLC 258 7.45% $15,093
    Alcova Mortgage LLC 226 6.49% $8,183
    The Federal Savings Bank 224 6.28% $16,139
    TIDEWATER MORTGAGE SERVICES, INC. 210 6.37% $10,795
    PLANET HOME LENDING, LLC 204 5.72% $5,385
    Towne Bank 202 6.19% $12,366
    INTERCOASTAL MORTGAGE COMPANY 201 6.23% $14,092
    Presidential Bank, FSB 197 6.39% $9,582
    CALCON MUTUAL MORTGAGE LLC 160 6.21% $10,854
    DHI MORTGAGE COMPANY, LTD. 159 5.22% $12,578
    NFM, INC. 157 6.35% $11,362
    EMBRACE HOME LOANS, INC. 151 6.15% $12,415
    FIRST COMMUNITY MORTGAGE, INC. 146 6.39% $11,422
    Advance Financial Group, LLC 144 6.18% $13,119
    BROKER SOLUTIONS, INC. 135 6.52% $12,981
    FIRST SAVINGS MORTGAGE CORPORATION 129 6.14% $12,615
    LAKEVIEW LOAN SERVICING, LLC 129 5.79% $6,758
    PENTAGON FEDERAL CREDIT UNION 125 6.00% $8,442
    AMERICAN FINANCIAL NETWORK, INC. 125 6.28% $8,582
    Towne Mortgage, LLC 119 6.29% $12,983
    Mr. Cooper ( Nationstar Mortgage ) 114 6.18% $9,770
    MORIA DEVELOPMENT, INC. 110 6.29% $10,990
    GUILD MORTGAGE COMPANY 109 6.29% $12,386
    MUTUAL OF OMAHA MORTGAGE, INC. 104 6.14% $14,350
    Truist 101 6.14% $10,340
    C & F Mortgage Corporation 99 6.36% $11,339
    NBKC BANK 99 5.97% $9,269
    CLEARPATH LENDING 91 5.77% $9,513
    GUARANTEED RATE AFFINITY, LLC 90 6.10% $11,450
    First Federal Bank 88 5.81% $10,032
    HOMEAMERICAN MORTGAGE CORPORATION 87 5.20% $8,365
    T2 FINANCIAL LLC 84 6.48% $12,277
    Armed Forces Bank 83 6.19% $10,025
    EAGLE HOME MORTGAGE, LLC 82 5.64% $6,888
    United Bank 82 6.08% $10,807
    Ameris Bank 80 6.12% $9,405
    HOMESIDE FINANCIAL, LLC 79 6.27% $14,747
    Carrington Mortgage Services, LLC 78 6.09% $12,447
    UNION HOME MORTGAGE CORP. 75 6.33% $13,268
    HOMESPIRE MORTGAGE CORPORATION 74 6.39% $7,742
    Magnolia Bank 72 6.00% $20,177
    Mid-Continent Funding, Inc. 71 6.06% $8,219
    BAY EQUITY LLC 69 6.31% $10,225
    U.S. Bank 67 6.20% $9,940
    CARDINAL FINANCIAL 67 6.65% $15,118
    Barrington Bank & Trust Company, N.A. 66 6.27% $7,425
    FIRST HOME MORTGAGE CORPORATION 64 6.22% $13,915
    SUN WEST MORTGAGE COMPANY, INC. 63 6.11% $9,022
    Century Mortgage Company DBA Century Lending Company 60 6.02% $8,007
    Lakeview Community Capital, LLC 59 5.67% $6,923
    CAPITAL CENTER, L.L.C. 58 6.07% $6,527
    PRIMELENDING, A PLAINSCAPITAL COMPANY 58 6.31% $11,029
    GoPrime Mortgage, Inc. 58 6.19% $10,279
    Equity Prime Mortgage LLC 57 6.87% $10,097
    Integrity Home Mortgage Corp 56 6.40% $8,955
    JAMS-01, INC. 53 6.09% $14,501
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 53 6.27% $9,431
    DRAGAS MORTGAGE COMPANY 52 5.96% $14,046
    Tidewater Home Funding, LLC 51 6.10% $9,133
    North American Savings Bank, F.S.B. 49 5.85% $10,030
    LOANPAL, LLC 48 5.81% $13,520
    AMERISAVE MORTGAGE CORPORATION 47 5.88% $22,317
    Vellum Mortgage, Inc. 44 6.24% $13,294
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 44 6.20% $8,025
    EVERETT FINANCIAL, INC. 40 6.62% $11,380
    Flagstar Bank, FSB 38 6.15% $8,312
    PHH Mortgage Corporation 38 5.62% $6,675
    Plains Commerce Bank 35 6.19% $10,631
    Wells Fargo Bank 35 6.17% $11,487
    Towne First Mortgage, LLC 35 6.34% $11,278
    AmeriHome Mortgage Company, LLC 35 6.12% $5,848
    M&T Bank 34 6.23% $6,633
    PLAZA HOME MORTGAGE, INC. 34 6.37% $14,756
    EMM LOANS LLC 33 5.92% $10,152
    Virginia Credit Union, Inc. 33 6.21% $9,804
    Atlantic Union Bank 31 6.42% $6,695
    FIRST EQUITY MORTGAGE INCORPORATED 29 5.94% $15,893
    CITY FIRST MORTGAGE SERVICES, L.L.C. 29 6.43% $11,630
    Strong Home Mortgage, LLC 29 5.91% $9,405
    GSF Mortgage Corporation 29 6.14% $10,063
    Paramount Residential Mortgage Group, Inc. 28 6.41% $11,425
    Sierra Pacific Mortgage Company, Inc. 28 6.28% $10,508
    Blue Ridge Bank 28 6.45% $7,788
    HOMEBRIDGE FINANCIAL SERVICES, INC. 28 6.38% $3,843
    Ixonia Bank 27 6.18% $13,007
    American Mortgage & Equity Consultants, Inc. 27 6.10% $15,992
    RELIANCE FIRST CAPITAL, LLC 27 6.59% $14,110
    FIDELITY DIRECT MORTGAGE, LLC 25 6.36% $12,509
    The Freedom Bank of Virginia 25 6.02% $14,798
    NATIONS DIRECT MORTGAGE, LLC 25 6.17% $8,663
    CHURCHILL MORTGAGE CORPORATION 25 6.15% $10,010
    Waterstone Mortgage Corporation 23 6.77% $11,330
    Renasant Bank 23 6.52% $5,324
    VILLAGE BANK MORTGAGE CORPORATION 22 6.30% $7,423
    Credence Funding Corporation 22 5.58% $7,565
    AMERICAN PACIFIC MORTGAGE CORPORATION 21 6.45% $13,870
    MORTGAGE SOLUTIONS OF COLORADO, LLC 21 7.27% $13,114
    NETWORK CAPITAL FUNDING CORPORATION 21 6.08% $16,154
    The Loan Store, Inc. 21 6.19% $12,051
    MILEND, INC. 20 6.64% $18,441
    TBI MORTGAGE COMPANY 20 5.86% $10,105
    ZILLOW HOME LOANS, LLC 19 6.14% $10,961
    Cornerstone First Mortgage, Inc 19 6.33% $12,864
    AMERICAN FINANCIAL RESOURCES, INC. 19 6.34% $11,271
    Shore United Bank 18 6.08% $11,832
    NATIONWIDE MORTGAGE BANKERS, INC. 18 6.46% $16,304
    Sandy Spring Bank 18 6.06% $10,175
    Fulton Bank 17 6.33% $14,008
    ROSS MORTGAGE CORPORATION 17 6.57% $13,623
    SUMMIT FUNDING, INC. 16 6.21% $12,371
    SWBC MORTGAGE CORPORATION 16 6.20% $10,177
    NORWICH COMMERCIAL GROUP, INC. 15 5.81% $9,372
    Meridian Bank Corporation 15 6.09% $12,339
    GENEVA FINANCIAL, LLC 15 6.60% $16,346
    JPMorgan Chase Bank 15 6.01% $5,219
    MORTGAGEONE, INC. 14 6.71% $6,246
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 14 6.19% $8,661
    Keystone Funding, Inc. 13 6.40% $13,922
    INTERCAP LENDING INC. 13 6.19% $11,391
    MORTGAGE ACCESS CORP. 13 6.26% $9,154
    SeaTrust Mortgage Company 13 6.21% $9,021
    ISERVE RESIDENTIAL LENDING, LLC 12 6.81% $9,129
    Citizens Bank 12 6.22% $15,183
    PNC Bank 12 6.33% $9,324
    PULTE MORTGAGE LLC 12 6.09% $6,988
    TJC Mortgage, Inc. 11 5.64% $10,810
    TOWNE MORTGAGE COMPANY 11 6.31% $5,604
    Texana Bank 11 6.09% $14,552
    ENVOY MORTGAGE, LTD 11 6.43% $10,856
    PREMIA MORTGAGE, LLC 11 5.69% $6,602
    Old National Bank 10 5.81% $9,143
    HomePromise Corporation 10 7.53% $3,567
    American Security Mortgage Corp. 9 6.14% $12,082
    South State Bank 9 6.36% $6,325
    THE MORTGAGE LINK, INC. 9 6.25% $18,052
    OceanFirst Bank 9 6.22% $10,091
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 9 6.08% $22,819
    Nations Lending Corporation 8 6.13% $9,903
    JET HOMELOANS, LLC 8 5.82% $12,755
    V.I.P. MORTGAGE, INC. 8 6.20% $11,197
    The Central Trust Bank 7 5.95% $14,675
    CityWorth Mortgage LLC 7 6.57% $12,965
    MASON MCDUFFIE MORTGAGE CORPORATION 7 6.30% $12,230
    Loan Simple, Inc. 7 6.73% $12,808
    FIRST COLONY MORTGAGE CORPORATION 7 6.21% $15,574
    ALLIED MORTGAGE GROUP, INC. 7 6.05% $4,902
    F & M BANK CORP. 7 6.57% $8,757
    Bank of England 6 6.25% $14,628
    BAYSHORE MORTGAGE FUNDING, LLC 6 5.71% $16,132
    DELMAR FINANCIAL COMPANY 6 6.42% $2,448
    LEGEND LENDING CORPORATION 6 6.17% $12,564
    MEMBER ADVANTAGE MORTGAGE, LLC 6 6.48% $6,134
    LANGLEY 6 6.63% $3,095
    AMERICAN FINANCING CORPORATION 6 6.18% $12,563
    CONTOUR MORTGAGE CORPORATION 6 6.40% $10,404
    SUCCESS MORTGAGE PARTNERS, INC. 6 6.16% $19,513
    PRIMARY RESIDENTIAL MORTGAGE, INC. 6 6.23% $19,052
    INTELLILOAN, INC. 6 6.02% $1,858
    MLD MORTGAGE INC. 6 5.94% $5,155
    Dollar Bank, Federal Savings Bank 6 6.50% $9,494
    ALLIANT CREDIT UNION 6 5.81% $8,713
    FIRST ALLIANCE HOME MORTGAGE, LLC 5 5.95% $9,920
    FREEDOM FIRST 5 6.23% $6,277
    First National Bank of Pennsylvania 5 6.23% $11,833
    NATION ONE MORTGAGE CORPORATION 5 6.48% $8,919
    Capital Bank 5 5.97% $7,799
    LENOX FINANCIAL MORTGAGE CORPORATION 5 5.78% $10,227
    DAS Acquisition Company, LLC 5 6.72% $13,304
    VAN DYK MORTGAGE CORPORATION 4 6.72% $6,950
    Evolve Bank & Trust 4 6.53% $8,769
    FBC MORTGAGE, LLC 4 5.87% $8,465
    SOUTHWEST STAGE FUNDING, LLC 4 5.88% $3,634
    Shea Mortgage Inc. 4 6.34% $2,013
    Regions Bank 4 5.81% $24,378
    City Lending Inc. 4 6.53% $18,329
    CORNERSTONE HOME LENDING, INC. 3 6.83% $8,671
    Stride Bank 3 5.96% $13,502
    EQUITY RESOURCES, INC. 3 6.29% $4,676
    Encompass Lending Group, LP 3 6.13% $13,787
    SECURITYNATIONAL MORTGAGE COMPANY 3 6.13% $18,413
    Residential Mortgage Solutions, Inc. 3 5.54% $6,753
    LOANLEADERS OF AMERICA, INC. 3 5.88% $7,515
    ROYAL UNITED MORTGAGE LLC 3 6.88% $23,850
    RUOFF MORTGAGE COMPANY, INC. 3 6.29% $15,346
    S1L, Inc. 3 6.04% $8,467
    MY MORTGAGE, INC. 3 6.58% $7,399
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 5.88% $4,235
    1ST SIGNATURE LENDING, LLC 3 6.71% $11,935
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 6.21% $8,894
    AFFORDABLE MORTGAGE ADVISORS, LLC. 3 6.25% $12,539
    GVC MORTGAGE, INC. 3 6.33% $21,184
    Gateway First Bank 3 6.04% $8,925
    University Bank 3 5.46% $6,574
    First Western Trust Bank 3 6.13% $9,803
    First Reliance Bank 3 6.25% $5,255
    BETTER MORTGAGE CORPORATION 3 6.29% $8,801
    C&F Select LLC 3 6.42% $7,961
    THE MORTGAGE FIRM, INC. 3 6.25% $7,506
    Citibank 2 6.19% $2,860
    MICHIGAN MUTUAL, INC. 2 6.75% $18,977
    MID AMERICA MORTGAGE, INC. 2 5.63% $10,158
    MID-ISLAND MORTGAGE CORP. 2 5.94% $8,231
    MILLENNIUM FINANCIAL GROUP, INC. 2 6.50% $14,877
    LEADERONE FINANCIAL CORPORATION 2 6.44% $17,911
    HOMESTEAD FUNDING CORP. 2 5.69% $7,550
    Home Mortgage Alliance Corp 2 5.50% $8,729
    NBH Bank 2 6.63% $6,388
    NEWPORT NEWS SHIPBUILDING EMPLOYEES 2 6.06% $9,260
    Northpointe Bank 2 6.50% $12,145
    OCEANSIDE MORTGAGE COMPANY 2 6.31% $10,938
    OCMBC, INC. 2 6.75% $8,593
    Paramount Bank 2 5.13% $11,490
    First Horizon Bank 2 6.38% $13,615
    PIKE CREEK MORTGAGE SERVICES, INC. 2 6.50% $10,415
    First-Citizens Bank & Trust Company 2 5.44% $6,346
    Red River Bank 2 6.25% $8,751
    DUPONT COMMUNITY 2 7.13% $9,743
    DIRECT MORTGAGE LOANS, LLC 2 6.63% $9,077
    STOCKTON MORTGAGE CORPORATION 2 7.25% $10,398
    Commerce Home Mortgage, Inc. 2 5.69% $9,203
    The Fidelity Bank 2 6.69% $14,006
    The Huntington National Bank 2 6.38% $4,654
    Capital City Home Loans, LLC 2 6.63% $5,818
    ABSOLUTE HOME MORTGAGE CORPORATION 2 6.75% $19,840
    Access Bank 2 6.00% $13,230
    EASTMAN 1 6.75% $3,754
    Lincoln FSB of Nebraska 1 5.50% $3,888
    Princeton Mortgage Corporation 1 5.88% $19,087
    CrossFirst Bank 1 6.50% $5,166
    EVANSVILLE TEACHERS 1 6.25% $15,524
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $36,717
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.75% $6,222
    Core Bank 1 6.13% $3,586
    FirstBank 1 6.63% $4,715
    COMPASS MORTGAGE, INC. 1 6.25% $7,153
    Willamette Valley Bank 1 6.75% $9,131
    First Federal Bank of Kansas City 1 5.75% $987
    The Dart Bank 1 6.75% $2,194
    Performance Financial, Inc. 1 6.25% $15,738
    MLB RESIDENTIAL LENDING, LLC 1 7.00% $8,769
    FIRST HERITAGE FINANCIAL, LLC 1 5.99% $8,998
    Acre Mortgage and Financial Inc 1 5.13% $10,402
    First Merchants Bank 1 7.13% $12,785
    PANORAMA MORTGAGE GROUP, LLC 1 7.25% $32,393
    CIS Financial Services, Inc. 1 7.63% $6,469
    The Union Bank Company 1 6.75% $3,587
    OPEN MORTGAGE, LLC 1 5.75% $7,882
    Midwest BankCentre 1 6.13% $16,190
    ONY GLO, INC. 1 6.50% $6,666
    BOND STREET MORTGAGE, LLC 1 6.25% $6,739
    First National Bank 1 6.25% $5,910
    First Option Mortgage, LLC 1 7.13% $10,191
    BAY CAPITAL MORTGAGE CORPORATION 1 6.50% $11,435
    BANKSOUTH MORTGAGE COMPANY, LLC 1 5.88% $17,615
    Truliant Federal Credit Union 1 6.25% $2,252
    First State Bank of St. Charles, Missouri 1 6.25% $15,021
    Bank of Clarke County 1 5.75% $4,647
    UNITED MORTGAGE CORP 1 6.50% $17,150
    Bank of America 1 5.50% $9,938
    UNIVERSAL MORTGAGE & FINANCE, INC. 1 5.50% $9,735
    NexBank 1 6.63% $12,703
    AXIA FINANCIAL, LLC 1 6.13% $5,869
    Assurance Financial Group, L.L.C. 1 6.75% $7,125
    US MORTGAGE CORPORATION 1 6.38% $12,862
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.25% $7,067
    Homesale Mortgage, LLC 1 6.25% $10,892
    LAND HOME FINANCIAL SERVICES, INC. 1 6.13% $7,459
    Dominion Capital Mortgage Inc. 1 5.63% $5,448
    RESIDENTIAL BANCORP 1 6.75% $1,678
    Eagle Bank and Trust Company 1 5.88% $19,777
    D. L. Evans Bank 1 5.25% $9,920
    MORTGAGE INVESTORS GROUP, INC. 1 6.00% $600
    Southern Bank and Trust Company 1 6.50% $3,755
    East Coast Capital Corp. 1 7.25% $6,121
    RANLIFE, INC. 1 6.50% $22,485

    The top Virginia VA lender as defined by loan originations is Mortgage Research Center, LLC, with 3,566 VA loans originated. Their average total fees are $7,568, which is $1,496 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Virginia VA lenders (with over 10 loans originated) are HomePromise Corporation ($3,567), HOMEBRIDGE FINANCIAL SERVICES, INC. ($3,843), JPMorgan Chase Bank ($5,219), Renasant Bank ($5,324) and PLANET HOME LENDING, LLC ($5,385).

    The lowest rate Virginia VA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION (5.20%), DHI MORTGAGE COMPANY, LTD. (5.22%), Credence Funding Corporation (5.58%), PHH Mortgage Corporation (5.62%) and PENNYMAC LOAN SERVICES, LLC (5.63%).

    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.