Taylor Getler
Holden Lewis
Dawnielle Robinson-Walker
This service is free and will not affect your credit score.
Best for VA specialization
Our take on Veterans United
Veterans United is the largest VA loan originator in the country by far, according to the latest federal data.
Best for low rates and fees
Our take on NBKC
NBKC stands out for offering low VA rates and origination fees, as well as energy-efficient mortgages.
Best for low rates and fees
Our take on First Federal Bank
First Federal stands out for having low interest rates and origination fees compared to other VA lenders.
Best for variety of VA loan types
Our take on Rate
Guaranteed rate stands out for offering a range of VA loans, including renovation loans, refinancing, energy-efficient mortgages and Native American Direct Loans.
Best for low rates and fees
Our take on Alliant
Alliant has low interest rates and fees compared to other VA lenders, according to the latest federal data.
Best for rate shopping
Our take on Wells Fargo
Wells Fargo offers low interest rates compared to other VA lenders.
Best for variety of VA loan types
Our take on Flagstar
Flagstar offers a range of VA loans, including VA refinancing and VA renovation loans.
Best for variety of VA loan types
Our take on PenFed
PenFed offers VA refinancing and offers low interest rates for VA loans.
Best for rate shopping
Our take on USAA
USAA is among the top five VA loan lenders by volume, though conventional loans are available, too.
Best for low rates and fees
Our take on Navy Federal
Navy Federal Credit Union stands out for having exceptionally low VA interest rates and fees.
Best for rate shopping
Our take on Pennymac
Pennymac stands out for having low interest rates and for offering a customizable rate tool on its website.
Best for rate shopping
Our take on U.S. Bank
U.S. Bank stands out for having one of the highest customer experience scores among surveyed VA lenders.
Best for rate shopping
Our take on Truist
Truist offers low interest rates compared to other VA lenders.
Down Payment | Funding Fee — Purchase or Construction Loan, First Use |
|---|---|
0% to 4.9% | 2.15% |
5% to 9.9% | 1.5% |
10% or more | 1.25% |
Down Payment | Funding Fee — Purchase or Construction Loan, Subsequent Use |
|---|---|
0% to 4.9% | 3.3% |
5% to 9.9% | 1.5% |
10% or more | 1.25% |
VA Refinance Loan | Funding Fee |
|---|---|
Cash-out refinance — first use | 2.15% |
Cash-out refinance — subsequent use | 3.3% |
VA IRRRL Loan | 0.5% |
 | How do I choose a VA lender? This is different for everyone and depends on your specific needs. My advice would be that while you might prioritize using a lender tailored to veterans, the right choice for you may not be the one with the most aggressive military marketing. Consider broadening your search and applying with a few different lenders — even if they’re not as familiar — to ensure you're getting the best possible offer. Taylor Getler, Lead Writer, Mortgages |
