Winston VA Loan Rates, Closing Costs & Stats

WINSTON-SALEM, NC

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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.

    Winston's 127 lenders originated 1,306 VA loans during 2024. The total origination value was $397,030,000, with an average VA loan value of $304,005.

    Winston VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Winston averaged 6.93% for the week of 2025-07-18, compared to the national average (all VA variants) of 6.385% for the same period.

    Winston's average VA mortgage closing costs are $5,529.

    The average rate for the prior week (2025-07-11) was 6.72% and one month ago for the week of 2025-06-13, the average rate was 6.99%.

    The average rate one year ago was 6.79%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.52%.

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

    Winston 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 Winston level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 196 6.51% $5,621
    UNITED WHOLESALE MORTGAGE, LLC 97 5.85% $8,865
    QUICKEN LOANS, LLC 89 6.08% $9,464
    FREEDOM MORTGAGE CORPORATION 75 6.26% $7,293
    DHI MORTGAGE COMPANY, LTD. 58 5.23% $4,695
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 54 6.46% $7,126
    PENNYMAC LOAN SERVICES, LLC 48 5.64% $6,037
    NAVY FEDERAL CREDIT UNION 41 5.89% $4,078
    MOVEMENT MORTGAGE, LLC 36 6.38% $7,936
    VILLAGE CAPITAL MORTGAGE 35 5.77% $6,330
    USAA Federal Savings Bank 26 6.17% $6,745
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 25 6.28% $5,273
    NEW DAY FINANCIAL, LLC 23 7.52% $12,623
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 23 6.51% $7,573
    CROSSCOUNTRY MORTGAGE, LLC 22 6.73% $8,203
    LOANDEPOT.COM, LLC 16 6.24% $9,777
    VANDERBILT MORTGAGE AND FINANCE, INC. 14 6.16% $7,600
    CMG MORTGAGE, INC. 14 6.18% $6,888
    GUARANTEED RATE, INC. 13 6.10% $5,001
    MORTGAGE SOLUTIONS OF COLORADO, LLC 13 7.42% $4,957
    INSPIRE HOME LOANS INC. 12 5.68% $2,914
    UNION HOME MORTGAGE CORP. 12 6.11% $5,778
    NEWREZ LLC 11 5.99% $6,011
    The Federal Savings Bank 10 6.35% $13,340
    Prosperity Home Mortgage, LLC 9 6.11% $8,371
    Atlantic Coast Mortgage, LLC 9 6.60% $5,949
    Carrington Mortgage Services, LLC 8 5.95% $9,140
    PULTE MORTGAGE LLC 7 5.05% $4,583
    CLEARPATH LENDING 7 5.48% $5,911
    Barrington Bank & Trust Company, N.A. 6 6.75% $6,063
    Truist 6 6.11% $7,751
    Mid-Continent Funding, Inc. 6 6.25% $7,536
    Wells Fargo Bank 6 6.40% $5,312
    LAKEVIEW LOAN SERVICING, LLC 6 5.58% $10,040
    ENVOY MORTGAGE, LTD 6 6.96% $8,323
    PLANET HOME LENDING, LLC 6 6.14% $8,951
    SUMMIT FUNDING, INC. 5 5.84% $7,043
    NFM, INC. 5 6.88% $6,968
    American Security Mortgage Corp. 5 6.05% $7,737
    ALLEGACY FEDERAL CREDIT UNION 5 6.58% $13,700
    SUN WEST MORTGAGE COMPANY, INC. 5 5.30% $9,745
    BAY EQUITY LLC 4 5.75% $8,831
    INTERCOASTAL MORTGAGE COMPANY 4 6.09% $9,096
    Ameris Bank 4 6.19% $6,113
    U.S. Bank 4 6.09% $7,624
    PLAZA HOME MORTGAGE, INC. 4 6.69% $7,276
    Mr. Cooper ( Nationstar Mortgage ) 4 6.09% $6,499
    CARDINAL FINANCIAL 4 6.75% $9,623
    Alcova Mortgage LLC 4 6.09% $6,662
    HOMESIDE FINANCIAL, LLC 4 6.31% $12,201
    Credence Funding Corporation 4 5.75% $6,473
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.08% $3,769
    Lakeview Community Capital, LLC 3 5.75% $5,473
    Paramount Residential Mortgage Group, Inc. 3 6.63% $4,809
    MICHIGAN MUTUAL, INC. 3 6.42% $5,047
    Summit Mortgage Corporation 3 7.13% $7,080
    PHH Mortgage Corporation 3 5.99% $5,178
    First National Bank of Pennsylvania 3 6.08% $5,212
    EAGLE HOME MORTGAGE, LLC 3 5.54% $5,216
    CHURCHILL MORTGAGE CORPORATION 3 6.25% $4,991
    CANOPY MORTGAGE, LLC 3 6.04% $7,008
    BROKER SOLUTIONS, INC. 3 6.92% $10,730
    AMERICAN FINANCING CORPORATION 3 6.17% $14,977
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.50% $2,157
    HOWARD HANNA FINANCIAL SERVICES, INC. 3 6.54% $6,710
    NBKC BANK 3 5.87% $8,091
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.94% $9,030
    AmeriHome Mortgage Company, LLC 2 6.13% $3,608
    AMERISAVE MORTGAGE CORPORATION 2 5.63% $11,510
    AmRes Corporation 2 6.94% $16,902
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.88% $4,566
    Blue Ridge Bank 2 6.44% $5,448
    Equity Prime Mortgage LLC 2 6.19% $6,453
    EQUITY RESOURCES, INC. 2 6.87% $8,065
    First Bank 2 5.94% $11,430
    FIRST HOME MORTGAGE CORPORATION 2 6.75% $10,875
    Gateway First Bank 2 6.69% $7,011
    GUILD MORTGAGE COMPANY 2 6.56% $8,053
    HALLMARK HOME MORTGAGE, LLC 2 6.69% $7,848
    LOANPAL, LLC 2 5.63% $11,253
    MORTGAGEONE, INC. 2 6.19% $4,238
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.00% $22,516
    PENTAGON FEDERAL CREDIT UNION 2 5.81% $3,921
    RAPID MORTGAGE COMPANY 2 7.12% $3,009
    RELIANCE FIRST CAPITAL, LLC 2 6.69% $5,025
    SeaTrust Mortgage Company 2 6.31% $8,304
    The Fidelity Bank 2 6.19% $10,411
    Truliant Federal Credit Union 2 6.00% $4,911
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.25% $17,635
    LOANFLIGHT LENDING, LLC 1 4.99% $2,800
    Pinnacle Bank 1 6.13% $7,815
    Plains Commerce Bank 1 6.25% $19,583
    Keystone Funding, Inc. 1 6.63% $10,247
    JPMorgan Chase Bank 1 5.75% $3,249
    POLARIS HOME FUNDING CORP. 1 6.25% $17,597
    JMAC LENDING, INC. 1 6.13% $4,323
    JET HOMELOANS, LLC 1 6.75% $8,846
    Franklin Loan Corporation 1 6.25% $5,199
    Flagstar Bank, FSB 1 5.75% $6,786
    VERITAS FUNDING, LLC 1 5.75% $27,051
    Regions Bank 1 6.63% $3,601
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $3,086
    Residential Mortgage Solutions, Inc. 1 6.13% $2,566
    ROSS MORTGAGE CORPORATION 1 7.38% $7,921
    ALLIED MORTGAGE GROUP, INC. 1 5.75% $4,935
    STOCKTON MORTGAGE CORPORATION 1 6.25% $7,457
    First Federal Bank 1 6.13% $2,197
    FIRST COMMUNITY MORTGAGE, INC. 1 4.99% $2,668
    First-Citizens Bank & Trust Company 1 5.88% $3,304
    SWBC MORTGAGE CORPORATION 1 5.63% $10,065
    T2 FINANCIAL LLC 1 7.13% $17,947
    Texana Bank 1 6.75% $11,273
    DAS Acquisition Company, LLC 1 7.13% $13,264
    Wolfe Financial, Inc 1 7.25% $6,280
    THE MORTGAGE FIRM, INC. 1 6.88% $5,542
    Corporate Investors Mortgage Group, Inc. 1 6.75% $3,441
    ZILLOW HOME LOANS, LLC 1 6.75% $0
    CORNERSTONE HOME LENDING, INC. 1 5.99% $0
    CAPITAL CENTER, L.L.C. 1 6.13% $9,870
    CALCON MUTUAL MORTGAGE LLC 1 7.88% $64,270
    Armed Forces Bank 1 6.25% $6,973
    NETWORK CAPITAL FUNDING CORPORATION 1 5.63% $19,593
    NATION ONE MORTGAGE CORPORATION 1 6.25% $10,038
    MORIA DEVELOPMENT, INC. 1 6.13% $13,887
    ONY GLO, INC. 1 5.50% $4,376
    MILEND, INC. 1 6.63% $10,922
    LOANLEADERS OF AMERICA, INC. 1 5.75% $29,722

    The top Winston VA lender as defined by loan originations is Mortgage Research Center, LLC, with 196 VA loans originated. Their average total fees are $5,621, which is $3,244 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Winston VA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. ($2,914), NAVY FEDERAL CREDIT UNION ($4,078), DHI MORTGAGE COMPANY, LTD. ($4,695), MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,957) and GUARANTEED RATE, INC. ($5,001).

    The lowest rate Winston VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.23%), PENNYMAC LOAN SERVICES, LLC (5.64%), INSPIRE HOME LOANS INC. (5.68%), VILLAGE CAPITAL MORTGAGE (5.77%) and UNITED WHOLESALE MORTGAGE, LLC (5.85%).

    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.