Longview VA Loan Rates, Closing Costs & Stats

LONGVIEW, TX

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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.

    Longview's 77 lenders originated 367 VA loans during 2024. The total origination value was $112,955,000, with an average VA loan value of $307,779.

    Longview VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Longview averaged 7.17% for the week of 2025-07-18, compared to the national average (all VA variants) of 6.385% for the same period.

    Longview's average VA mortgage closing costs are $7,001.

    The average rate for the prior week (2025-07-11) was 7.06% and one month ago for the week of 2025-06-13, the average rate was 6.84%.

    The average rate one year ago was 7.13%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.19%.

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

    Longview 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 Longview level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 89 6.44% $6,089
    UNITED WHOLESALE MORTGAGE, LLC 43 6.12% $5,530
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 6.71% $10,069
    GUILD MORTGAGE COMPANY 14 6.44% $8,758
    PENNYMAC LOAN SERVICES, LLC 12 5.28% $8,190
    FREEDOM MORTGAGE CORPORATION 10 6.24% $7,886
    USAA Federal Savings Bank 9 6.15% $5,882
    QUICKEN LOANS, LLC 8 6.09% $7,562
    NAVY FEDERAL CREDIT UNION 8 5.83% $3,084
    LAKEVIEW LOAN SERVICING, LLC 6 5.91% $5,813
    BancorpSouth 6 6.35% $5,538
    MORTGAGE FINANCIAL SERVICES, LLC 6 6.56% $8,885
    LOANDEPOT.COM, LLC 6 6.56% $9,842
    CROSSCOUNTRY MORTGAGE, LLC 5 6.40% $3,220
    EUSTIS AND AMERICAN MORTGAGE COMPANY 5 7.40% $7,208
    VILLAGE CAPITAL MORTGAGE 5 5.65% $3,696
    PLANET HOME LENDING, LLC 4 5.56% $6,156
    CMG MORTGAGE, INC. 4 6.69% $11,411
    Barrington Bank & Trust Company, N.A. 4 6.00% $4,573
    SUN WEST MORTGAGE COMPANY, INC. 4 5.71% $5,069
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 6.88% $5,531
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 6.12% $6,194
    CARDINAL FINANCIAL 3 6.38% $9,339
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.17% $7,093
    SOUTHWEST FUNDING, LP 3 5.96% $8,546
    GUARANTEED RATE, INC. 3 6.03% $1,336
    AmeriHome Mortgage Company, LLC 3 5.83% $5,736
    Equity Prime Mortgage LLC 2 5.88% $3,640
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.36% $6,418
    American Mortgage Bank, LLC 2 6.69% $5,311
    EVERETT FINANCIAL, INC. 2 6.94% $11,932
    JPMorgan Chase Bank 2 6.31% $3,046
    NBKC BANK 2 6.63% $5,941
    NEW DAY FINANCIAL, LLC 2 6.74% $12,134
    NEWREZ LLC 2 5.50% $10,509
    Origin Bank 2 6.38% $4,546
    Paramount Residential Mortgage Group, Inc. 2 6.00% $5,098
    Plains Commerce Bank 2 6.19% $12,451
    S1L, Inc. 2 6.19% $4,981
    SWBC MORTGAGE CORPORATION 2 6.56% $2,210
    T2 FINANCIAL LLC 2 7.06% $7,555
    VeraBank 2 6.56% $4,620
    First United Bank and Trust Company 1 5.45% $2,911
    First Federal Bank 1 5.63% $5,668
    MOVEMENT MORTGAGE, LLC 1 5.75% $12,381
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $2,180
    NATIONS RELIABLE LENDING, LLC 1 6.63% $6,227
    EASTMAN 1 8.13% $4,848
    Texas Mortgage Lending, LLC 1 6.13% $2,556
    The Loan Store, Inc. 1 5.63% $8,063
    TOWNE MORTGAGE COMPANY 1 7.75% $4,806
    UNION HOME MORTGAGE CORP. 1 6.99% $5,174
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.38% $44,352
    Core Bank 1 5.75% $6,850
    PHH Mortgage Corporation 1 5.13% $5,973
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $10,483
    CLEARPATH LENDING 1 4.88% $4,130
    PLAZA HOME MORTGAGE, INC. 1 4.99% $24,177
    PNC Bank 1 7.13% $5,330
    Century Mortgage Company DBA Century Lending Company 1 4.99% $2,924
    CANOPY MORTGAGE, LLC 1 5.75% $16,817
    RB MORTGAGE LLC 1 6.00% $5,817
    U.S. Bank 1 6.13% $3,881
    BARKSDALE 1 6.75% $8,550
    AMERITRUST MORTGAGE CORPORATION 1 7.00% $1,486
    Wells Fargo Bank 1 5.75% $7,747
    HOMESIDE FINANCIAL, LLC 1 8.13% $8,058
    HOMESTEAD FUNDING CORP. 1 6.25% $9,530
    INFINITY EQUITY GROUP, INC. 1 7.25% $14,957
    INTERLINC MORTGAGE SERVICES, LLC 1 6.13% $4,385
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.25% $11,409
    GoPrime Mortgage, Inc. 1 5.75% $10,763
    LEGEND LENDING CORPORATION 1 5.63% $7,827
    Gateway First Bank 1 6.38% $6,259
    MID AMERICA MORTGAGE, INC. 1 5.63% $4,446
    Mid-Continent Funding, Inc. 1 5.75% $6,528
    Flagstar Bank, FSB 1 6.75% $2,980

    The top Longview VA lender as defined by loan originations is Mortgage Research Center, LLC, with 89 VA loans originated. Their average total fees are $6,089, which is $559 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Longview VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($5,530), Mortgage Research Center, LLC ($6,089), FREEDOM MORTGAGE CORPORATION ($7,886), PENNYMAC LOAN SERVICES, LLC ($8,190) and GUILD MORTGAGE COMPANY ($8,758).

    The lowest rate Longview VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.28%), UNITED WHOLESALE MORTGAGE, LLC (6.12%), FREEDOM MORTGAGE CORPORATION (6.24%), GUILD MORTGAGE COMPANY (6.44%) and Mortgage Research Center, LLC (6.44%).

    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.