West Virginia VA Loan Rates, Closing Costs & Stats

West 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.

    West Virginia VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in West Virginia 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.

    West Virginia's average VA mortgage closing costs are $5,667.

    The average rate for the prior week (2025-05-16) was 6.84% and one month ago for the week of 2025-04-18, the average rate was 6.61%.

    The average rate one year ago was 7.03%.

    For refis of the same type during the week of 2025-05-23, the average rate was 7.13%.

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

    West 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 West Virginia level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 588 6.51% $5,309
    QUICKEN LOANS, LLC 153 6.26% $9,782
    PENNYMAC LOAN SERVICES, LLC 122 5.65% $6,467
    NAVY FEDERAL CREDIT UNION 115 5.96% $6,032
    UNITED WHOLESALE MORTGAGE, LLC 114 5.98% $6,754
    FREEDOM MORTGAGE CORPORATION 90 6.22% $8,964
    LOANDEPOT.COM, LLC 82 6.37% $7,460
    MOVEMENT MORTGAGE, LLC 73 6.46% $6,181
    USAA Federal Savings Bank 65 6.24% $7,733
    Integrity Home Mortgage Corp 55 6.33% $8,969
    HOMESPIRE MORTGAGE CORPORATION 40 6.23% $8,670
    NVR Mortgage Finance, Inc. 39 6.41% $4,528
    VILLAGE CAPITAL MORTGAGE 39 5.74% $6,206
    DHI MORTGAGE COMPANY, LTD. 37 5.34% $9,112
    The Huntington National Bank 32 6.32% $5,514
    EAGLE HOME MORTGAGE, LLC 31 6.04% $7,935
    CROSSCOUNTRY MORTGAGE, LLC 28 6.69% $9,029
    Alcova Mortgage LLC 27 6.76% $4,452
    PRIMELENDING, A PLAINSCAPITAL COMPANY 27 6.25% $5,408
    NEWREZ LLC 27 6.16% $7,585
    Barrington Bank & Trust Company, N.A. 25 6.35% $4,612
    WesBanco 24 5.90% $5,015
    Gateway First Bank 22 6.62% $4,574
    The Federal Savings Bank 21 6.27% $13,365
    PLANET HOME LENDING, LLC 19 6.16% $4,752
    GUARANTEED RATE, INC. 19 6.38% $6,207
    Atlantic Coast Mortgage, LLC 18 6.39% $11,786
    Truist 17 5.99% $6,334
    MORTGAGE SOLUTIONS OF COLORADO, LLC 15 6.97% $2,356
    BROKER SOLUTIONS, INC. 15 6.85% $9,392
    First Heritage Mortgage, LLC 15 5.97% $12,950
    LAKEVIEW LOAN SERVICING, LLC 14 6.30% $6,886
    INTERCOASTAL MORTGAGE COMPANY 14 6.13% $6,414
    Nations Lending Corporation 12 6.54% $8,151
    UNION HOME MORTGAGE CORP. 12 5.98% $8,848
    NBKC BANK 11 5.86% $4,925
    Mr. Cooper ( Nationstar Mortgage ) 11 6.48% $8,518
    Victorian Finance, LLC 11 6.86% $7,036
    Equity Prime Mortgage LLC 11 6.65% $7,136
    AMERISAVE MORTGAGE CORPORATION 10 5.76% $14,497
    U.S. Bank 10 6.27% $5,270
    Sierra Pacific Mortgage Company, Inc. 10 6.26% $9,185
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 9 6.40% $3,731
    GUARANTEED RATE AFFINITY, LLC 9 6.01% $5,523
    JPMorgan Chase Bank 8 6.39% $4,639
    Atlantic Union Bank 8 6.63% $3,721
    EMBRACE HOME LOANS, INC. 8 6.48% $7,518
    First Federal Bank 8 5.84% $7,166
    Magnolia Bank 8 5.88% $16,005
    PENTAGON FEDERAL CREDIT UNION 8 6.28% $9,214
    Carrington Mortgage Services, LLC 7 6.09% $12,662
    MICHIGAN MUTUAL, INC. 7 5.96% $6,439
    POLARIS HOME FUNDING CORP. 6 6.85% $11,516
    HOMEBRIDGE FINANCIAL SERVICES, INC. 6 6.54% $1,987
    SUCCESS MORTGAGE PARTNERS, INC. 6 6.54% $8,447
    STOCKTON MORTGAGE CORPORATION 6 6.90% $8,741
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 6 6.25% $3,926
    AMERICAN FINANCIAL RESOURCES, INC. 6 6.52% $8,797
    GSF Mortgage Corporation 6 5.94% $8,163
    CALCON MUTUAL MORTGAGE LLC 6 6.40% $7,443
    Wells Fargo Bank 6 6.31% $6,947
    PNC Bank 6 6.50% $10,521
    Clear Mountain Bank 5 5.58% $6,785
    CMG MORTGAGE, INC. 5 5.80% $7,649
    Waterstone Mortgage Corporation 5 6.98% $8,475
    AmeriHome Mortgage Company, LLC 5 6.20% $5,455
    United Bank 5 6.07% $11,376
    ENVOY MORTGAGE, LTD 5 6.30% $15,959
    Prosperity Home Mortgage, LLC 5 5.90% $7,607
    Texana Bank 4 6.09% $9,979
    GUILD MORTGAGE COMPANY 4 6.16% $8,666
    TIDEWATER MORTGAGE SERVICES, INC. 4 6.09% $8,566
    EVERETT FINANCIAL, INC. 4 6.66% $10,634
    Paramount Residential Mortgage Group, Inc. 4 6.03% $10,551
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.38% $2,338
    Flagstar Bank, FSB 4 5.66% $6,211
    SUN WEST MORTGAGE COMPANY, INC. 3 5.83% $4,428
    FIRST HOME MORTGAGE CORPORATION 3 6.29% $6,628
    First National Bank of Pennsylvania 3 6.46% $6,468
    Century Mortgage Company DBA Century Lending Company 3 6.33% $5,939
    NFM, INC. 3 6.54% $15,918
    PHH Mortgage Corporation 3 6.46% $6,088
    Plains Commerce Bank 3 6.29% $11,505
    BAYSHORE MORTGAGE FUNDING, LLC 3 5.92% $6,674
    T2 FINANCIAL LLC 3 7.17% $6,746
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.50% $6,230
    Armed Forces Bank 3 6.33% $8,985
    Fifth Third Bank 3 5.92% $5,039
    SIRVA MORTGAGE, INC. 2 5.69% $9,627
    The Loan Store, Inc. 2 4.99% $5,427
    MORTGAGE ACCESS CORP. 2 5.75% $9,271
    ALLIED MORTGAGE GROUP, INC. 2 6.00% $6,502
    DAS Acquisition Company, LLC 2 6.69% $650
    The Central Trust Bank 2 5.75% $5,062
    Presidential Bank, FSB 2 6.00% $6,365
    Ameris Bank 2 6.38% $5,830
    Capital Bank 2 5.50% $4,737
    Farmers Bank & Trust 1 5.25% $2,807
    Blue Ridge Bank 1 7.63% $16,397
    PLAZA HOME MORTGAGE, INC. 1 7.25% $14,541
    JAMS-01, INC. 1 6.13% $15,364
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.25% $6,489
    PREMIA MORTGAGE, LLC 1 5.25% $20,785
    AMERICAN FINANCIAL NETWORK, INC. 1 7.25% $11,223
    Bank of America 1 6.63% $8,097
    Renasant Bank 1 6.75% $10,654
    ROYAL UNITED MORTGAGE LLC 1 7.25% $7,035
    Sandy Spring Bank 1 5.63% $4,712
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.75% $14,923
    Service Federal Credit Union 1 6.38% $6,415
    Shore United Bank 1 5.75% $7,979
    BancorpSouth 1 5.75% $12,068
    South State Bank 1 5.75% $20,817
    DEVELOPER'S MORTGAGE COMPANY 1 6.13% $3,534
    Homesale Mortgage, LLC 1 6.75% $4,835
    FIRST COMMUNITY MORTGAGE, INC. 1 7.13% $8,205
    HARTFORD FUNDING, LTD. 1 6.25% $22,157
    FIDELITY DIRECT MORTGAGE, LLC 1 6.63% $4,427
    The Freedom Bank of Virginia 1 6.13% $4,010
    Assurance Financial Group, L.L.C. 1 7.63% $4,905
    THE MORTGAGE FIRM, INC. 1 7.25% $4,853
    DIRECT MORTGAGE LOANS, LLC 1 6.75% $10,933
    Towne Bank 1 5.63% $15,406
    FIRST COLONY MORTGAGE CORPORATION 1 5.75% $15,328
    GoPrime Mortgage, Inc. 1 7.00% $4,890
    MILLENNIUM FINANCIAL GROUP, INC. 1 7.25% $4,307
    MORIA DEVELOPMENT, INC. 1 7.25% $11,964
    Meridian Bank Corporation 1 6.13% $4,510
    MEMBER FIRST MORTGAGE, LLC 1 6.75% $20,963
    City Bank 1 6.75% $6,639
    Chambers Bank 1 6.25% $6,968
    M&T Bank 1 6.25% $8,150
    UNITED MORTGAGE CORP 1 6.75% $10,588
    C & F Mortgage Corporation 1 6.75% $13,662
    CONTOUR MORTGAGE CORPORATION 1 5.50% $18,182
    CARDINAL FINANCIAL 1 5.50% $15,745
    Fulton Bank 1 5.75% $4,926
    NORWICH COMMERCIAL GROUP, INC. 1 6.75% $10,981
    CORNERSTONE HOME LENDING, INC. 1 6.13% $11,100
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.75% $8,962
    ALLIANT CREDIT UNION 1 5.88% $2,190
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.75% $10,630

    The top West Virginia VA lender as defined by loan originations is Mortgage Research Center, LLC, with 588 VA loans originated. Their average total fees are $5,309, which is $4,473 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee West Virginia VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($2,356), Alcova Mortgage LLC ($4,452), NVR Mortgage Finance, Inc. ($4,528), Gateway First Bank ($4,574) and Barrington Bank & Trust Company, N.A. ($4,612).

    The lowest rate West Virginia VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.34%), PENNYMAC LOAN SERVICES, LLC (5.65%), VILLAGE CAPITAL MORTGAGE (5.74%), AMERISAVE MORTGAGE CORPORATION (5.76%) and NBKC BANK (5.86%).

    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.