Shreveport VA Loan Rates, Closing Costs & Stats

SHREVEPORT-BOSSIER CITY, LA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets

    • 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.

    Shreveport's 92 lenders originated 1,072 VA loans during 2024. The total origination value was $307,730,000, with an average VA loan value of $287,062.

    Shreveport VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Shreveport averaged 6.54% for the week of 2025-07-18, compared to the national average (all VA variants) of 6.385% for the same period.

    Shreveport's average VA mortgage closing costs are $5,680.

    The average rate for the prior week (2025-07-11) was 6.73% and one month ago for the week of 2025-06-13, the average rate was 6.7%.

    The average rate one year ago was 6.7%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.48%.

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

    Shreveport 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 Shreveport level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 137 6.49% $4,855
    DSLD MORTGAGE, LLC 84 5.81% $6,586
    NAVY FEDERAL CREDIT UNION 84 5.98% $7,258
    UNITED WHOLESALE MORTGAGE, LLC 74 6.12% $5,387
    FREEDOM MORTGAGE CORPORATION 61 6.03% $6,824
    Origin Bank 56 6.10% $5,922
    PLANET HOME LENDING, LLC 47 6.14% $6,942
    QUICKEN LOANS, LLC 34 6.25% $9,586
    MOVEMENT MORTGAGE, LLC 29 6.71% $9,682
    PENNYMAC LOAN SERVICES, LLC 27 5.69% $5,925
    USAA Federal Savings Bank 25 6.19% $10,000
    NEWREZ LLC 22 6.30% $5,886
    GUARANTEED RATE, INC. 18 6.14% $4,367
    EUSTIS AND AMERICAN MORTGAGE COMPANY 17 6.77% $7,226
    NEW DAY FINANCIAL, LLC 16 7.65% $8,301
    S1L, Inc. 15 6.43% $7,946
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 6.46% $10,682
    VILLAGE CAPITAL MORTGAGE 14 5.77% $3,604
    Red River Bank 13 6.00% $7,101
    FIDELITY BANK 13 6.56% $8,044
    The Federal Savings Bank 10 6.56% $17,866
    Assurance Financial Group, L.L.C. 9 6.60% $6,538
    GUILD MORTGAGE COMPANY 9 6.57% $10,492
    Prosperity Home Mortgage, LLC 9 6.44% $7,471
    PIERREMONT MORTGAGE, INC. 6 6.21% $2,850
    Equity Prime Mortgage LLC 6 6.54% $5,927
    CLEARPATH LENDING 6 5.87% $7,911
    Mr. Cooper ( Nationstar Mortgage ) 5 5.60% $4,689
    MORTGAGE SOLUTIONS OF COLORADO, LLC 5 6.90% $2,989
    BARKSDALE 5 6.55% $12,054
    Barrington Bank & Trust Company, N.A. 5 6.45% $5,057
    Trustmark National Bank 5 6.28% $9,649
    LOANDEPOT.COM, LLC 4 6.31% $7,410
    CROSSCOUNTRY MORTGAGE, LLC 4 6.94% $3,985
    STANDARD MORTGAGE CORPORATION 4 6.00% $7,357
    UNION HOME MORTGAGE CORP. 4 6.50% $9,755
    BancorpSouth 4 6.44% $13,538
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.21% $2,572
    Lakeview Community Capital, LLC 3 5.79% $7,097
    HOMESIDE FINANCIAL, LLC 3 6.33% $10,068
    Paramount Residential Mortgage Group, Inc. 3 7.08% $7,388
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 3 6.58% $3,816
    Armed Forces Bank 3 5.75% $6,023
    Carrington Mortgage Services, LLC 3 6.04% $6,943
    BROKER SOLUTIONS, INC. 2 6.87% $13,815
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.56% $4,324
    FIRST COMMUNITY MORTGAGE, INC. 2 7.38% $2,145
    Flagstar Bank, FSB 2 6.60% $8,032
    MUTUAL OF OMAHA MORTGAGE, INC. 2 5.63% $19,778
    NBKC BANK 2 5.81% $5,562
    PENTAGON FEDERAL CREDIT UNION 2 6.69% $7,291
    SOUTHWEST FUNDING, LP 2 6.19% $6,270
    STOCKTON MORTGAGE CORPORATION 2 6.19% $7,473
    TOWNE MORTGAGE COMPANY 2 6.12% $15,201
    KEESLER 1 5.63% $3,543
    NBH Bank 1 5.75% $2,008
    Bank of England 1 6.25% $8,120
    JPMorgan Chase Bank 1 5.49% $3,722
    Home Federal Bank 1 5.50% $21,614
    Old National Bank 1 4.75% $10,894
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.75% $835
    GUARANTEED RATE AFFINITY, LLC 1 6.25% $3,650
    Great Southern Bank 1 6.50% $8,111
    AXIA FINANCIAL, LLC 1 6.25% $5,263
    GENEVA FINANCIAL, LLC 1 7.00% $1,992
    Gateway First Bank 1 7.13% $2,462
    PLAZA HOME MORTGAGE, INC. 1 7.25% $3,514
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.75% $4,430
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $10,219
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $12,773
    First Federal Bank 1 6.00% $4,240
    EMM LOANS LLC 1 5.88% $8,254
    Eagle Bank and Trust Company 1 6.00% $10,905
    RELIANCE FIRST CAPITAL, LLC 1 7.25% $3,347
    ROYAL UNITED MORTGAGE LLC 1 6.00% $9,008
    CORNERSTONE HOME LENDING, INC. 1 6.25% $12,141
    SECURITYNATIONAL MORTGAGE COMPANY 1 7.25% $7,001
    Service Federal Credit Union 1 6.38% $6,502
    U.S. Bank 1 6.50% $4,182
    Cornerstone First Mortgage, Inc 1 6.75% $2,508
    AMERICAN FINANCIAL NETWORK, INC. 1 6.75% $1,040
    SUN WEST MORTGAGE COMPANY, INC. 1 5.50% $3,228
    T2 FINANCIAL LLC 1 6.25% $9,856
    Core Bank 1 5.63% $4,424
    ZILLOW HOME LOANS, LLC 1 7.25% $4,421
    CARDINAL FINANCIAL 1 5.75% $4,461
    MORTGAGEONE, INC. 1 6.00% $785
    MICHIGAN MUTUAL, INC. 1 6.25% $198
    Magnolia Bank 1 6.38% $22,005
    LAND HOME FINANCIAL SERVICES, INC. 1 6.63% $6,375
    ALLIANT CREDIT UNION 1 5.75% $3,350
    NATIONS DIRECT MORTGAGE, LLC 1 7.25% $8,046

    The top Shreveport VA lender as defined by loan originations is Mortgage Research Center, LLC, with 137 VA loans originated. Their average total fees are $4,855, which is $1,731 lower than the next largest lender, DSLD MORTGAGE, LLC.

    The lowest fee Shreveport VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($3,604), GUARANTEED RATE, INC. ($4,367), Mortgage Research Center, LLC ($4,855), UNITED WHOLESALE MORTGAGE, LLC ($5,387) and NEWREZ LLC ($5,886).

    The lowest rate Shreveport VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.69%), VILLAGE CAPITAL MORTGAGE (5.77%), DSLD MORTGAGE, LLC (5.81%), NAVY FEDERAL CREDIT UNION (5.98%) and Red River Bank (6.00%).

    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.