Flint VA Loan Rates, Closing Costs & Stats

FLINT, MI

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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.

    Flint's 74 lenders originated 448 VA loans during 2024. The total origination value was $111,210,000, with an average VA loan value of $248,237.

    Flint VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Flint averaged 7.13% for the week of 2025-07-18, compared to the national average (all VA variants) of 6.385% for the same period.

    Flint's average VA mortgage closing costs are $5,029.

    The average rate for the prior week (2025-07-11) was 6.92% and one month ago for the week of 2025-06-13, the average rate was 7.09%.

    The average rate one year ago was 6.69%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.42%.

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

    Flint 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 Flint level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 81 6.53% $4,152
    UNITED WHOLESALE MORTGAGE, LLC 67 6.12% $6,619
    QUICKEN LOANS, LLC 40 6.19% $9,180
    J. VIRGIL, INC. 19 6.65% $6,458
    FREEDOM MORTGAGE CORPORATION 17 6.36% $4,083
    NEW DAY FINANCIAL, LLC 15 7.40% $8,750
    Preston Home Loans Inc 13 6.83% $6,853
    PENNYMAC LOAN SERVICES, LLC 13 5.87% $5,338
    NAVY FEDERAL CREDIT UNION 12 6.06% $5,931
    VILLAGE CAPITAL MORTGAGE 11 5.97% $5,436
    TOWNE MORTGAGE COMPANY 8 6.17% $5,949
    DAS Acquisition Company, LLC 6 6.75% $5,704
    PLANET HOME LENDING, LLC 6 5.98% $5,250
    NEWREZ LLC 6 6.26% $7,862
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 6.70% $5,833
    The Huntington National Bank 5 6.85% $6,064
    SUCCESS MORTGAGE PARTNERS, INC. 4 6.53% $8,963
    BLG HOLDINGS, INC. 4 6.56% $11,749
    Flagstar Bank, FSB 4 6.15% $4,519
    PHH Mortgage Corporation 4 5.72% $5,651
    Carrington Mortgage Services, LLC 4 5.94% $11,465
    INSPIRE HOME LOANS INC. 4 5.44% $5,434
    GUARANTEED RATE, INC. 3 5.93% $3,395
    CLEARPATH LENDING 3 6.63% $7,274
    LOANDEPOT.COM, LLC 3 5.75% $7,763
    USAA Federal Savings Bank 3 5.71% $5,090
    MORTGAGE CENTER L.C 3 6.50% $2,740
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.67% $4,562
    LAKE MICHIGAN CREDIT UNION 3 6.04% $7,380
    MUTUAL OF OMAHA MORTGAGE, INC. 2 5.81% $5,471
    BROKER SOLUTIONS, INC. 2 6.63% $4,529
    FIRST COLONY MORTGAGE CORPORATION 2 7.00% $7,512
    LAKEVIEW LOAN SERVICING, LLC 2 5.44% $5,165
    Magnolia Bank 2 6.31% $9,802
    MORTGAGE 1 INCORPORATED 2 6.75% $5,543
    GUILD MORTGAGE COMPANY 2 7.13% $5,537
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.25% $8,833
    The Federal Savings Bank 2 7.00% $12,355
    GUARANTEED RATE AFFINITY, LLC 2 6.13% $1,223
    UNION HOME MORTGAGE CORP. 2 6.94% $12,976
    PLAZA HOME MORTGAGE, INC. 2 6.81% $11,841
    First State Bank 2 6.75% $6,376
    Barrington Bank & Trust Company, N.A. 2 6.25% $7,331
    NBKC BANK 1 5.63% $1,134
    AmeriHome Mortgage Company, LLC 1 5.63% $3,774
    AMERISAVE MORTGAGE CORPORATION 1 5.75% $3,151
    CALCON MUTUAL MORTGAGE LLC 1 7.63% $3,033
    Citizens Bank 1 6.63% $2,100
    CMG MORTGAGE, INC. 1 7.25% $12,389
    Cornerstone First Mortgage, Inc 1 6.75% $15,108
    CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $1,893
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.13% $5,663
    ELGA CREDIT UNION 1 7.25% $16,705
    EVERETT FINANCIAL, INC. 1 6.38% $12,554
    First Federal Bank of Kansas City 1 6.50% $12,709
    First Merchants Bank 1 6.63% $4,267
    HALLMARK HOME MORTGAGE, LLC 1 6.75% $14,187
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.00% $5,670
    HomePromise Corporation 1 7.38% $16,847
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.63% $8,188
    Independent Bank 1 6.25% $3,792
    Lakeview Community Capital, LLC 1 5.25% $6,451
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.75% $4,875
    NETWORK CAPITAL FUNDING CORPORATION 1 7.13% $15,373
    NFM, INC. 1 5.75% $2,776
    Northpointe Bank 1 6.25% $5,279
    Paramount Residential Mortgage Group, Inc. 1 6.88% $16,840
    PREMIA MORTGAGE, LLC 1 6.15% $0
    Prosperity Home Mortgage, LLC 1 6.00% $4,590
    Residential Mortgage Solutions, Inc. 1 5.13% $3,327
    ROSS MORTGAGE CORPORATION 1 5.75% $2,204
    RUOFF MORTGAGE COMPANY, INC. 1 7.13% $3,587
    The Dart Bank 1 6.25% $4,089
    The Loan Store, Inc. 1 7.63% $9,970

    The top Flint VA lender as defined by loan originations is Mortgage Research Center, LLC, with 81 VA loans originated. Their average total fees are $4,152, which is $2,466 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Flint VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION ($4,083), Mortgage Research Center, LLC ($4,152), PENNYMAC LOAN SERVICES, LLC ($5,338), VILLAGE CAPITAL MORTGAGE ($5,436) and NAVY FEDERAL CREDIT UNION ($5,931).

    The lowest rate Flint VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.87%), VILLAGE CAPITAL MORTGAGE (5.97%), NAVY FEDERAL CREDIT UNION (6.06%), UNITED WHOLESALE MORTGAGE, LLC (6.12%) and QUICKEN LOANS, LLC (6.19%).

    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.