VA loans only comprise about 5% of the total mortgage lending market. Veterans United originates the lion's share of VA loans in that market. In fact, in 2024, it originated almost 15% of all VA loans funded that year. That expertise translates into strong customer service, which is reflected in positive customer reviews and in recent J.D Power Mortgage Loan Origination Studies.

Our researchers were impressed by the breadth and depth of educational material it offers borrowers on its website. Informed borrowers make more confident choices, and our ranking model rewards lenders that provide customers with accurate i☂nformation and advice.

One thing missing is a low-friction 澳洲幸运5开奖号码历史查询:pre-qualification system to help you know what you might be approved for. Instead, you’ll find a form that collec🎐ts financial and꧂ other details for an email that connects you with a loan advisor.

Veterans United Ho♛me Loans was founded in 2002 and is headquartered in Columbia, Missouri.

Depending on when you look at the numbers, Rocket Mortgage is the first or second largest 澳洲幸运5开奖号码历史查询:originator of mortgage loans in the nation. So it’s🧸 no surprise it is also among the largest VA loan originators.

Rocket Mortgage pioneered online mortgage lending, and most of the lender’s application and approval pꦏrocess, including closing and document signing, can be undertaken over the internet. However, not everything can be handled digitally: Some home appraisals must be conducted in person, and self-employed borrowers must work with a loan advisor.

Rocket Mortgage (formerly known as Quicken Loans) was founded in 1986 and is headquar🅰te꧑red in Detroit, Michigan.

Rate can approv𓃲e ꧒and fund a mortgage, including VA loans, in as few as 18 days, on average. And while most lenders require borrowers to have a few months of cash in reserve after the transaction, Rate has no such requirement, which makes buying a home that much easier.

Rate also stands out with its many loan officers (over 2,000) and its many brick-and-mortar locations (over 450). Combine its real-world presence with its robust digital offering, and borrowers have plenty of ways to stay on top of their loans, including knowing when they can expect them to close.

Unfortunately, this combination has not translated to high customer service scores. In the 2024 J.D. Power U.S. Mortgage Origination Satisfaction Study, Rate placed 17th out of 22 lenders. Also troubling are fines and lawsuits by state𓆉-level regulator🎃s.

Rate was founded in 2000 and is headquartered ওin Chicago, Illinois. 

There’s no fixed minimum credit score requirement for VA loans—lenders set their own underwriting requ♊irements, including credit score requirements. American Pacific Mortgage has easier credit standards than other lenders we researched. That could mean an easier time getting approved for a VA loan.

With over 1,700 loan officers and more than 400 locations nationwide, the lender h൲as the infrastructure to handle yo෴ur loan efficiently. According to our research, its average closing time is 21 days, which is among the fastest we measured.

Unfortunately, many key details,💎 like rates and fees, are missing from its website. That’s challenging for our researchers and also challenging for borrowers shopping around for a loan. The lender’s loans aren’t available in New York, either.

American Pacific Mortgage was founded in 1996 and is headquart🔜ered in Roseville, California.

U.S. Bank is the fifth-large♈st bank in the nation, with about 2,000 branches in 27 states and 14,000 loan officers. So it has the infrastructure in place to process mortgages efficiently. Despite its footprint, it was just the 60th most active VA loan lender in 202𓂃4. 

The bꦡank offers a few tools and resources for military🐻 members and veterans, including a rate boost on savings accounts.

U.S. Bank was founded in 1863,⭕ and itꦐs headquarters are in Minneapolis, Minnesota.

Navy Federal Credit Union is the nation’s largest 澳洲幸运5开奖号码历史查询:credit union and one of the most active VA loan lenders, issuing the fifth most in 2024. It has branches worldwide and thousands of loan officers to process loans. That infrastructure translates to positive customer reviews. In the 2024 J.D. Power Mortgage Originator Satisfaction Study, its score would have placed it in the top quarter of lenders if it were eligible.

You must be a member♚ of the credit union to be e🐻ligible for a loan, and you must be a member of the military, a veteran, or a family member to join NFCU. You must also be a member to get a pre-approval. That’s unfortunate because some loan details aren’t available otherwise, so comparing offers with other lenders without joining the credit union is difficult.

If you’ve used up your VA loan entitlement, you can opt for a “Military Choice Loan,” which has some features of a VA loan, like no minim൩um down payment requirement and no private mortgage insurance💞 requirement.

Nav𝄹y Federal Credit Union was founded in 1933 and is headquartered in Vienna, Virgin𓄧ia.