Best 9 VA Loan Lenders

Friends, VA Loan is a military benefit that doesn’t require a down payment or private mortgage insurance (PMI). However, your credit score and credit history may still affect whether a lender is willing to offer you a loan with zero down payment.

Best 9 VA Mortgage Lenders

Best 9 VA Loan Lenders

Veterans Affairs loans come with significant benefits, especially if you aren’t putting a big down payment on your house and you have a higher debt-to-income ratio (DTI) than what conventional mortgage lenders require. There are no minimum credit score requirements; however, some lenders might apply their own credit standards. You’ll also typically need to be a member of the U.S. armed forces or a veteran to qualify.

VA HOME LOAN LENDERS

Main pillars of the VA home loan benefit

No downpayment required 
(*Note: Lenders may require downpayments for some borrowers using the VA home loan guaranty, but VA does not require a downpayment)

Best 9 Health Insurance Plan

Competitively low interest rates

Limited closing costs

No need for Private Mortgage Insurance (PMI)

The VA home loan is a lifetime benefit: you can use the guaranty multiple times

Best overall VA lender

Best 9 Credit cards Offers

We also break down the best VA loan lenders of 2022. Whether you’re looking for low rates, a fully online mortgage experience or options that can work with lower credit scores, we’ve chosen mortgage lenders that can adapt to most borrowers’ needs.

Our Top Picks for Best VA Loan Lenders

The best VA mortgage lenders have low minimum credit score requirements. Most of our chosen lenders ranked high in J.D. Power’s 2022 Mortgage Origination Satisfaction Studyand earned strong ratings from the Better Business Bureau. Many also have special features that help them stand out, such as no lender fees or hybrid closing options.

The pros of Veterans United:

Globalization Partners reviews 2022 | What is Globalization Partners

Available in all 50 states

Methodology

To determine the best VA mortgage lenders, Bankrate evaluated lenders based on several criteria, including availability; borrower experience; cost (competitive VA loan rates and low or no fees); and scope of VA loan offerings.

A+ rating from the BBB

High score in J.D. Power’s 2022 study on customer satisfaction (Veterans United doesn’t qualify to rank because it doesn’t meet certain criteria, but J.D. Power notes that the lender would rank highly if it were eligible)