Deridder VA Loan Rates, Closing Costs & Stats

DeRidder, LA

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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.

    Deridder's 34 lenders originated 165 VA loans during 2024. The total origination value was $41,025,000, with an average VA loan value of $248,636.

    Deridder VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Deridder averaged 6.6% for the week of 2025-07-18, compared to the national average (all VA variants) of 6.385% for the same period.

    Deridder's average VA mortgage closing costs are $5,502.

    The average rate for the prior week (2025-07-11) was 6.69% and one month ago for the week of 2025-06-13, the average rate was 6.96%.

    The average rate one year ago was 6.56%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.06%.

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

    Deridder 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 Deridder level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 34 6.26% $4,546
    Mortgage Research Center, LLC 31 6.31% $5,517
    FREEDOM MORTGAGE CORPORATION 14 6.51% $6,026
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 6.50% $6,587
    NAVY FEDERAL CREDIT UNION 9 6.00% $6,132
    EUSTIS AND AMERICAN MORTGAGE COMPANY 8 6.48% $4,077
    PENNYMAC LOAN SERVICES, LLC 7 5.38% $5,775
    USAA Federal Savings Bank 4 6.56% $12,086
    QUICKEN LOANS, LLC 4 6.15% $8,074
    VILLAGE CAPITAL MORTGAGE 3 6.08% $5,128
    NEW DAY FINANCIAL, LLC 3 7.54% $7,592
    NEWREZ LLC 3 6.00% $3,351
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 7.58% $2,846
    The Federal Savings Bank 2 6.19% $11,787
    T2 FINANCIAL LLC 2 6.44% $19,298
    LOANDEPOT.COM, LLC 2 6.43% $15,492
    Red River Bank 1 5.75% $4,414
    SUN WEST MORTGAGE COMPANY, INC. 1 2.25% $3,355
    NBKC BANK 1 6.13% $2,612
    CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $9,669
    Equity Prime Mortgage LLC 1 6.75% $5,610
    Farmers Bank & Trust 1 6.13% $3,423
    First Federal Bank, A FSB 1 7.25% $8,319
    Flagstar Bank, FSB 1 6.00% $2,943
    GMFS LLC 1 6.50% $13,238
    LAKEVIEW LOAN SERVICING, LLC 1 5.25% $4,912
    MOVEMENT MORTGAGE, LLC 1 6.75% $13,043
    Mr. Cooper ( Nationstar Mortgage ) 1 5.63% $6,696
    CLEARPATH LENDING 1 5.25% $1,920
    NETWORK CAPITAL FUNDING CORPORATION 1 5.75% $1,926
    PENTAGON FEDERAL CREDIT UNION 1 5.38% $11,906
    PHH Mortgage Corporation 1 5.63% $4,319
    Plains Commerce Bank 1 6.63% $8,717
    PLANET HOME LENDING, LLC 1 6.38% $1,036

    The top Deridder VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 34 VA loans originated. Their average total fees are $4,546, which is $971 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Deridder VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($4,546), Mortgage Research Center, LLC ($5,517), FREEDOM MORTGAGE CORPORATION ($6,026), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,587) and .

    The lowest rate Deridder VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.26%), Mortgage Research Center, LLC (6.31%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.50%), FREEDOM MORTGAGE CORPORATION (6.51%) and .

    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.