Wisconsin VA Loan Rates, Closing Costs & Stats

Wisconsin

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.

Wisconsin VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Wisconsin averaged 6.31% for the week of 2024-02-16, compared to the national average (all VA variants) of 6.462% for the same period.

Wisconsin's average VA mortgage closing costs are $4,777.

The average rate for the prior week (2024-02-09) was 5.87% and one month ago for the week of 2024-01-12, the average rate was 5.73%.

The average rate one year ago was 5.6%.

For refis of the same type during the week of 2024-02-16, the average rate was 5.25%.

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

Wisconsin 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 Wisconsin level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 1,189 5.15% $6,360
QUICKEN LOANS, LLC 386 4.12% $9,050
FREEDOM MORTGAGE CORPORATION 247 4.37% $8,833
UNITED WHOLESALE MORTGAGE, LLC 241 4.31% $6,992
USAA Federal Savings Bank 214 4.49% $6,583
NAVY FEDERAL CREDIT UNION 202 4.07% $5,683
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 164 5.12% $7,209
FINANCE OF AMERICA MORTGAGE LLC 141 4.76% $6,960
NEW DAY FINANCIAL, LLC 132 5.15% $10,110
PENNYMAC LOAN SERVICES, LLC 129 3.55% $7,419
LOANDEPOT.COM, LLC 97 4.29% $9,098
Barrington Bank & Trust Company, N.A. 93 4.67% $7,359
CROSSCOUNTRY MORTGAGE, LLC 89 5.01% $7,900
GUARANTEED RATE, INC. 84 4.71% $6,450
Mr. Cooper ( Nationstar Mortgage ) 75 4.85% $8,878
INLANTA MORTGAGE, INC. 72 4.72% $6,281
The Federal Savings Bank 67 4.76% $14,776
Prosperity Home Mortgage, LLC 63 4.79% $7,465
U.S. Bank 59 4.83% $7,216
Wells Fargo Bank 55 4.07% $5,469
Paramount Residential Mortgage Group, Inc. 51 5.34% $7,437
Waterstone Mortgage Corporation 48 5.07% $9,718
Associated Bank 48 4.32% $3,615
Flagstar Bank, FSB 48 4.33% $4,789
AMERISAVE MORTGAGE CORPORATION 43 4.67% $9,351
CARDINAL FINANCIAL 43 4.59% $9,276
NEWREZ LLC 42 4.24% $6,078
HOMEBRIDGE FINANCIAL SERVICES, INC. 39 4.54% $8,694
BROKER SOLUTIONS, INC. 35 5.31% $9,933
CALIBER HOME LOANS, INC. 35 4.75% $7,467
CMG MORTGAGE, INC. 33 4.64% $9,945
Nations Lending Corporation 31 5.70% $5,413
Bank of England 30 4.78% $10,085
FIRST CENTENNIAL MORTGAGE CORPORATION 30 5.05% $5,305
CHERRY CREEK MORTGAGE, LLC 30 5.01% $2,972
GUILD MORTGAGE COMPANY 30 5.25% $11,899
WISCONSIN MORTGAGE CORPORATION 29 4.67% $5,407
GUARANTEED RATE AFFINITY, LLC 29 4.64% $8,140
THOMPSON KANE & COMPANY, LLC 29 4.37% $7,672
CLEARPATH LENDING 28 3.58% $9,644
HOME POINT FINANCIAL CORPORATION 27 4.47% $6,230
LAKEVIEW LOAN SERVICING, LLC 27 3.63% $3,118
MUTUAL OF OMAHA MORTGAGE, INC. 27 4.78% $8,042
TOWNE MORTGAGE COMPANY 25 4.66% $8,777
AMERICAN PACIFIC MORTGAGE CORPORATION 24 5.06% $7,059
A + MORTGAGE SERVICES, INC. 24 4.54% $7,581
PLANET HOME LENDING, LLC 24 4.18% $7,537
ENVOY MORTGAGE, LTD 23 5.20% $6,457
Servion, Inc. 22 4.90% $5,574
VILLAGE CAPITAL MORTGAGE 22 3.79% $7,121
PENTAGON FEDERAL CREDIT UNION 20 3.52% $6,153
GSF Mortgage Corporation 20 4.65% $5,967
ARK-LA-TEX FINANCIAL SERVICES, LLC. 18 4.22% $6,596
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 17 5.51% $6,183
Ixonia Bank 17 4.68% $10,665
American Mortgage & Equity Consultants, Inc. 16 5.28% $8,930
GATEWAY MORTGAGE CORPORATION 15 4.29% $7,475
Carrington Mortgage Services, LLC 15 4.20% $8,500
Mid-Continent Funding, Inc. 15 5.19% $7,551
Bell Bank 15 4.96% $5,778
Bank Five Nine 15 4.64% $8,529
PRIMELENDING, A PLAINSCAPITAL COMPANY 13 4.89% $7,100
EVERETT FINANCIAL, INC. 13 5.16% $4,201
LAND HOME FINANCIAL SERVICES, INC. 13 4.63% $12,762
Low VA Rates, LLC 13 4.70% $11,644
CORNERSTONE HOME LENDING, INC. 12 4.97% $5,961
Magnolia Bank 12 4.44% $12,433
Bank First, N.A. 12 5.11% $7,014
Johnson Bank 12 5.51% $7,150
Tradition Mortgage, LLC 12 4.97% $8,913
ACADEMY MORTGAGE CORPORATION 12 5.18% $9,848
MID AMERICA MORTGAGE, INC. 12 4.90% $4,709
JPMorgan Chase Bank 11 5.11% $3,938
First Federal Bank 11 4.51% $7,320
AMERICAN FINANCING CORPORATION 9 3.97% $8,901
Waukesha State Bank 9 4.63% $6,788
DAS Acquisition Company, LLC 9 4.64% $7,058
The Huntington National Bank 8 4.41% $3,189
Royal Credit Union 8 5.20% $12,196
SUCCESS MORTGAGE PARTNERS, INC. 8 5.08% $6,924
Citizens Bank 8 5.31% $4,901
Equity Prime Mortgage LLC 7 4.91% $4,940
PLAZA HOME MORTGAGE, INC. 7 4.66% $7,438
Armed Forces Bank 7 4.54% $7,431
UNION HOME MORTGAGE CORP. 7 5.93% $10,381
TOTAL MORTGAGE SERVICES, LLC 7 3.82% $4,187
Century Mortgage Company DBA Century Lending Company 7 5.09% $6,508
T2 FINANCIAL LLC 7 4.79% $8,478
Loan Simple, Inc. 7 4.39% $9,680
SOVEREIGN LENDING GROUP INCORPORATED 7 3.75% $12,860
MOVEMENT MORTGAGE, LLC 7 5.11% $4,323
Bremer Bank 7 4.86% $5,311
NBKC BANK 7 3.70% $5,488
SUN WEST MORTGAGE COMPANY, INC. 6 5.73% $10,954
Northpointe Bank 6 4.79% $8,437
EDUCATORS CREDIT UNION 6 6.00% $7,099
Wolfe Financial, Inc 6 5.31% $6,246
LOANPAL, LLC 6 4.38% $9,191
NATIONS RELIABLE LENDING, LLC 5 4.50% $4,749
Summit Mortgage Corporation 5 5.25% $10,589
PNC Bank 5 4.70% $6,752
Regent Financial Group, Inc. 5 5.58% $10,082
HOMESIDE FINANCIAL, LLC 5 4.27% $9,062
ROYAL UNITED MORTGAGE LLC 5 4.48% $11,745
CITY FIRST MORTGAGE SERVICES, L.L.C. 5 5.25% $6,670
Wyndham Capital Mortgage, Inc. 5 3.95% $9,660
AXIA FINANCIAL, LLC 5 5.10% $6,497
M&T Bank 5 4.58% $7,611
BNC National Bank 5 4.13% $5,633
RESULTS MORTGAGE, LLC 5 4.93% $7,376
North Shore Bank FSB 5 3.70% $4,174
First Guaranty Mortgage Corporation 5 3.38% $3,199
North American Savings Bank, F.S.B. 5 4.15% $8,209
FIRST COMMUNITY MORTGAGE, INC. 4 6.25% $4,898
UNIVERSAL LENDING CORPORATION 4 4.56% $13,366
CIBM Bank 4 3.63% $7,659
North Shore Bank of Commerce 4 5.41% $9,173
The Equitable Bank, S.S.B. 4 4.34% $5,379
The Central Trust Bank 4 5.03% $13,925
Old National Bank 4 3.97% $11,433
Plains Commerce Bank 4 4.44% $4,560
Amerifirst Financial, Inc. 4 3.81% $7,886
CRESCENT MORTGAGE COMPANY 4 5.16% $13,015
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 4.25% $5,780
FIRST STATE MORTGAGE SERVICES, LLC 3 5.50% $6,977
ENDEAVOR CAPITAL, LLC. 3 6.08% $6,796
INLAND BANK & TRUST 3 5.50% $6,276
AMERICAN PORTFOLIO MORTGAGE CORPORATION 3 4.83% $5,724
BAY EQUITY LLC 3 4.58% $4,617
Key Mortgage Services, Inc. 3 3.88% $10,723
LEADERONE FINANCIAL CORPORATION 3 4.58% $8,183
Lend Smart Mortgage, LLC 3 3.71% $5,897
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 5.75% $14,762
AMCAP MORTGAGE, LTD. 3 6.00% $9,768
VAN DYK MORTGAGE CORPORATION 3 3.79% $5,866
AMERICAN FINANCIAL RESOURCES, INC. 3 4.67% $8,973
FLAT BRANCH MORTGAGE, INC. 3 4.83% $5,343
ALAMEDA MORTGAGE CORPORATION 3 6.16% $10,709
West Town Bank & Trust 3 4.58% $11,707
EMM LOANS LLC 2 4.06% $12,448
Fifth Third Bank 2 4.88% $5,908
First-Citizens Bank & Trust Company 2 5.00% $4,942
First Savings Bank 2 3.75% $11,423
Goldwater Bank, N.A. 2 6.88% $9,471
Colonial Savings, F.A. 2 4.50% $12,402
Hometown Lenders, Inc. 2 5.31% $10,890
Lakeview Community Capital, LLC 2 3.81% $4,320
LIBERTY HOME MORTGAGE CORPORATION 2 5.63% $14,086
ZILLOW HOME LOANS, LLC 2 4.13% $14,701
MEMBER FIRST MORTGAGE, LLC 2 5.63% $6,528
Merchants Bank 2 3.53% $7,127
MICHIGAN MUTUAL, INC. 2 4.88% $6,447
NBH Bank 2 5.69% $4,256
PHH Mortgage Corporation 2 4.63% $8,150
PREMIA MORTGAGE, LLC 2 4.75% $7,683
SECURITYNATIONAL MORTGAGE COMPANY 2 4.19% $7,856
Truist 2 3.80% $7,328
University of Wisconsin Credit Union 2 5.63% $4,733
V.I.P. MORTGAGE, INC. 2 6.69% $6,528
ALTRA 2 5.75% $6,471
Alerus Financial 2 5.06% $15,807
EMBRACE HOME LOANS, INC. 2 4.37% $6,026
DRAPER AND KRAMER MORTGAGE CORP. 1 5.13% $15,552
PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.25% $6,060
NETWORK CAPITAL FUNDING CORPORATION 1 4.38% $12,014
BAYSHORE MORTGAGE FUNDING, LLC 1 6.25% $16,594
ANGEL OAK HOME LOANS LLC 1 4.50% $10,855
Ameris Bank 1 5.50% $2,531
Blackhawk Bank 1 5.25% $5,544
NATIONS DIRECT MORTGAGE, LLC 1 5.63% $19,059
ROSS MORTGAGE CORPORATION 1 5.63% $3,798
Mutual Federal Bank 1 5.75% $6,831
Mortgages Unlimited Inc. 1 5.25% $18,704
Westbury Bank 1 3.00% $10,800
CALCON MUTUAL MORTGAGE LLC 1 6.13% $5,775
Settlers Bank 1 5.38% $1,737
Sierra Pacific Mortgage Company, Inc. 1 3.25% $8,588
SIRVA MORTGAGE, INC. 1 4.50% $8,640
MORIA DEVELOPMENT, INC. 1 2.75% $12,893
Strong Home Mortgage, LLC 1 4.75% $1,129
Midwest Community Bank 1 3.38% $2,290
Cambria Financial Group, LLC 1 2.75% $2,795
Sunflower Bank 1 4.63% $4,527
Meridian Bank Corporation 1 3.13% $2,822
Capital Bank 1 6.13% $8,719
Texana Bank 1 4.25% $8,535
The Bank of New Glarus 1 3.00% $10,236
Centennial Bank 1 5.50% $15,725
KELLER MORTGAGE, LLC 1 3.88% $13,618
INTERCAP LENDING INC. 1 2.25% $510
CHURCHILL MORTGAGE CORPORATION 1 6.13% $8,870
The Union Bank Company 1 3.25% $3,645
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.75% $6,659
TJC Mortgage, Inc. 1 2.25% $4,078
HOMESTEAD FUNDING CORP. 1 5.75% $4,442
AMERICAN INTERNET MORTGAGE, INC. 1 4.63% $2,025
HOMESPIRE MORTGAGE CORPORATION 1 4.25% $3,575
CORTRUST MORTGAGE, INC. 1 5.00% $8,169
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 1 3.63% $1,713
HANCOCK MORTGAGE PARTNERS, LLC 1 5.25% $4,575
UNITED HOME LOANS, INC. 1 3.75% $10,458
Colten Mortgage, LLC 1 4.13% $8,782
Community First National Bank 1 5.25% $4,334
DATA MORTGAGE, INC. 1 6.63% $20,642
GREENSTATE CREDIT UNION 1 6.13% $18,185
AMERICAN ADVISORS GROUP 1 2.75% $3,028
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.75% $2,172
VERITAS FUNDING, LLC 1 4.99% $17,809
COMPASS MORTGAGE, INC. 1 3.63% $14,401
WRIGHT-PATT CREDIT UNION, INC. 1 3.00% $2,134
EAGLE HOME MORTGAGE, LLC 1 4.63% $23,504
Paramount Bank 1 3.13% $10,643
ON Q FINANCIAL, INC. 1 3.25% $14,538
Atlantic Coast Mortgage, LLC 1 5.13% $19,193
Florida Capital Bank 1 5.63% $6,955
OCMBC, INC. 1 4.75% $3,813
OCEANSIDE MORTGAGE COMPANY 1 2.25% $4,755
NFM, INC. 1 5.63% $6,654
PLUS RELOCATION MORTGAGE, LLC 1 5.75% $21,063
BANKWEST, INC. 1 3.50% $15,117

The top Wisconsin VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,189 VA loans originated. Their average total fees are $6,360, which is $2,690 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Wisconsin VA lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($2,972), LAKEVIEW LOAN SERVICING, LLC ($3,118), Associated Bank ($3,615), JPMorgan Chase Bank ($3,938) and EVERETT FINANCIAL, INC. ($4,201).

The lowest rate Wisconsin VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (3.52%), PENNYMAC LOAN SERVICES, LLC (3.55%), CLEARPATH LENDING (3.58%), LAKEVIEW LOAN SERVICING, LLC (3.63%) and VILLAGE CAPITAL MORTGAGE (3.79%).

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.