The Best VA Loan Companies for 2021

Thousands of lenders can process VA Loans. But there are only a handful that specialize in helping military members and veterans achieve the dream of homeownership. We list the best VA Loan providers, including Veterans United, Navy Federal, USAA, and more.
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Best VA Loan Lenders

You can get a VA loan with just about any lender anywhere, right?

Possibly. But some VA lenders are better than others. Many mortgage lenders offer VA loans, but they don’t specialize in the loan type.

For that reason, we’ve compiled this list of the best VA loan companies and/or lenders available in the marketplace. We’ve selected them based on their specialization in VA loans, as well as – in some cases – other financial services they provide.

The list is presented in no special order, but we have given the top three slots to lenders who specialize in loans and/or financial services for consumers with military service backgrounds.

10 Best VA Loan Lenders in 2021

Veterans United Best Veteran-focused Get Rates
USAA Best Total Package Get Rates
Navy Federal Credit Union Largest Credit Union Get Rates
Quicken Loans Best In-House Loan Servicing Get Rates
JG Wentworth Best Refinance Reduction Get Rates
loanDepot “No Steering” Bias Policy Get Rates
Flagstar Bank Best Full Service Get Rates
Wells Fargo Best Face-to-Face Get Rates
PrimeLending Best For VA Jumbo Loans Get Rates
LendingTree Best For Lender Matching Get Rates

1. Veterans United Home Loans

The biggest advantage of Veterans United is that it’s a mortgage lender established specifically for the benefit of providing VA loans to veterans. The company was founded in 2002, in Columbia Missouri – where it’s still located.

The company now has more than 2,400 employees operating in 25 offices across the country.

Not only do they have in-house processing, underwriting, and closing teams, but they also work with former senior enlisted members from each branch of the armed forces.

These military advisers have made it their mission to educate veterans about homeownership and the benefits of VA loans.

  • Purchase and Refinance
  • 15-yr and 30-yr fixed, ARMs
  • 0% down, No PMI
  • 24/7 customer service
Veterans United logo

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They offer mortgages for both purchases and refinances of existing VA loans. They currently offer fixed-rate mortgages with terms of 15 years, 30 years, and adjustable-rate VA mortgages. They also provide 24/7 customer service, which is unusual in the mortgage industry.

Veterans United’s website is extremely comprehensive, walking the veteran through the entire VA mortgage process. They offer related services, such as Veterans United Realty, which represents a network of veteran-friendly real estate agents.

As well, they offer the Veterans United Lighthouse program, which is a free service designed to help homebuyers improve their financial profile in advance of the homebuying process.

Check VA Loan Rates with Veterans United

2. USAA

USAA is another financial services company set up with the military in mind. In fact, USAA was founded in 1922 by a group of 25 US Army officers, primarily to provide mutual self-insurance for automobile coverage. They’ve since expanded to many other financial services, including mortgages, and especially VA loans.

The service claims nearly 12 million members. USAA offers VA fixed-rate mortgages, with 30, 20, 15 and 10-year terms. They also offer the VA 5/1 adjustable-rate mortgage.

Loans are available for both purchase and refinance. But in addition, USAA also offers conventional mortgages.

This could be important because there are certain situations where a conventional mortgage may be preferable to a VA loan, while a veteran may want to retain VA eligibility for a different property.

  • Purchase and Refinance
  • 10, 15, 20 and 30-year VA fixed, 5/1 VA ARM
  • 0% down, No PMI
  • VA and Conventional Mortgages
USAA logo

One of the major advantages to getting a VA loan through USAA is the wide variety of other financial services they provide. You can start out with a mortgage, and then add services as you need them.

Or you could be a current USAA customer with another financial product, taking advantage of the VA loan programs they offer. In addition to mortgage financing, USAA offers banking services, many insurance products, as well as investing and financial planning.

3. Navy Federal Credit Union

Navy Federal Credit Union, or simply Navy Federal, was founded in 1933, specifically to work with members of the Navy. However, it has since expanded to cover all members of the military, regardless of branch.

It even extends to members of the Army and Air National Guard, Delayed Entry Program (DEP), DoD Officer Candidate/ROTC, DoD Reservists, veterans, retirees and annuitants.

One of the major advantages of dealing with Navy Federal is that it is a credit union. In fact, it’s the largest credit union in the US, in terms of both asset size and membership.

Navy Federal currently has more than 7.5 million members and over $90 billion in assets. And as a credit union, they also offer complete banking services, IRAs, credit cards, car loans, personal loans, and student loans. For VA loans, Navy Federal offers both 15 year and 30 year fixed rate loans, but no adjustable-rate loans.

They also offer VA Streamline Refinances, which enable you to do an interest rate reduction refinance loan (IRRRL) on an existing VA mortgage to lower your rate. One of the benefits of the streamline refinance is that no appraisal or inspections are required on your home.

The credit union has nearly 300 branches across the country, and nearly 580 ATMs. They also maintain 24/7 customer service through their call centers.

4. Quicken Loans

Based in Detroit, Michigan, Quicken Loans, along with its Rocket Mortgage arm, is the largest retail mortgage lender in the country. They’ve closed more than $400 billion in mortgage volume between 2013 and 2017.

The company operates in all 50 states and has more than 24,000 employees nationally, but Quicken Loans operates entirely online.

But that also has its advantages. You can apply online and get a loan decision issued in a matter of minutes after completing your application.

Quicken Loans offers VA mortgages. They’ll work directly with the Veteran’s Administration to get your Certificate of Eligibility, and other paperwork needed to qualify for the loan.

One big advantage with Quicken Loans is that they service nearly all of their loans in-house.

That means the servicing on your loan is unlikely to be sold to another company, as is usually the case with most mortgage lenders.

Quicken Loans offers fixed rate, 30, 20 and 15-year loans, as well as the 5/1 adjustable-rate mortgage for VA loans. They even offered Jumbo VA loans for as much as $1.5 million. They do require a minimum credit score of 620.

And like some of the other lenders on this list, they also offer conventional and FHA mortgages, in case you want to save your eligibility for another property.

Check VA Loan Rates with Quicken Loans

5. JG Wentworth

JG Wentworth is a direct mortgage lender, in business since 1992. They maintain a policy of “customer-first” mortgage lending, helping the borrower to feel in control during every step of the process.

The company also offer some of the lowest interest rates in the industry. The company has an A+ rating (ranging from A+ to F) with the Better Business Bureau, where they have been accredited since 1996.

As a full-service mortgage lender, JG Wentworth offers conventional and FHA mortgages, in addition to VA loans. The company offers VA loans for both purchases and refinancing.

On the refinancing side, they offer the interest rate reduction refinance loan, as well as cash-out refinances.

They offer fixed rate VA loans with terms of 30, 20 and 15 years, as well as adjustable-rate mortgages. The company has more than 20 branch locations located around the country.

Check VA Loan Rates with JG Wentworth

6. loanDepot

You’re not reading that name wrong – it’s loanDepot, beginning with a lowercase “l”, with an uppercase “D” in the middle. Peculiar name aside, loanDepot is one of the largest mortgage lenders in the country.

They’re headquartered in Southern California, but they have more than 6,500 employees across the country, operating in more than 180 local loan locations nationwide. They’ve funded more than $100 billion in loans, including $70 billion in refinances.

As a full-service mortgage lender, loanDepot offers a full range of mortgage products, including conventional and FHA mortgages, as well as home equity lines of credit.

VA loans include VA cash-out refinance loans, interest rate reduction refinance loans, and loans for purchases.

One disadvantage with loanDepot is limited customer service availability. They’re available only Monday through Friday, from 5:00 AM to 7:00 PM, and Saturdays, 8:00 AM to 3:00 PM, all times Pacific. They are not available on Sundays.

Check VA Loan Rates with loanDepot

7. Flagstar Bank

Flagstar Bank is a Michigan-based bank, with branches in the Midwest, but they offer mortgages in all 50 states.

As a bank, they offer the advantage of the various banking services they provide, including, checking, savings, credit cards, health savings accounts, IRAs, auto loans, recreational loans, and both online and mobile banking.

They’re also a full-service mortgage lender, and one of the more prominent mortgage companies in the country.

Flagstar offers conventional loans, FHA, Jumbo loans, and even construction and renovation loans. And yes, Flagstar offers VA loans. They’re available for both purchase and refinance.

They offer the VA fixed-rate mortgage, ranging in terms from 10 years to 30 years. They also offer two types of the VA adjustable-rate mortgage, with a three year and a five-year initial fixed rate term (then converting to a one-year adjustable).

8. Wells Fargo

Wells Fargo is one of the very largest banks in the United States (#3 to be precise). As of the end of 2017, they had total deposits of $1.3 trillion, and $2 trillion dollars in total assets.

The bank also has 70 million customers, 8,300 branch locations, and 13,000 ATMs. The bank naturally provides all of the services you would expect, including checking and savings accounts, credit cards, auto loans, student loans, mortgages, and home equity lines of credit.

Mortgages include conventional and FHA loans, as well as VA mortgages. On VA loans, they offer both fixed and adjustable-rate loans.

One of the big advantages of Wells Fargo is the many thousands of branches they have available.

That will enable you to initiate and complete the mortgage application process on a face-to-face level. It may, in fact, be a preferred lender for anyone who prefers the traditional mortgage loan application process, complete with a human face.

9. PrimeLending

PrimeLending may not be a household name, but it is one of the top mortgage lenders in the country, with an “A” rating from the Better Business Bureau.

Based in Dallas, Texas, the company has almost 1,500 loan officers located throughout the country.

The company is strictly a mortgage lender and offers conventional, Jumbo and FHA mortgages, as well as VA mortgages.

PrimeLending offers the VA fixed-rate mortgage with terms of 15 and 30 years, as well as the VA adjustable-rate mortgage.

You can also apply for a VA Jumbo loan, enabling you to purchase a home for as much as $1 million.

10. Lending Tree

Lending Tree is a bit different than the other lenders on this list. For starters, Lending Tree isn’t even a lender. It’s actually an online lending exchange, that gives borrowers an opportunity to obtain financing from a wide variety of lenders.

The company was founded in 1998 and has participated in more than 32 million loan requests since. Lending Tree offers virtually every type of financing available. In addition to home mortgages, they also offer personal loans, auto loans, business loans, and home equity loans.

They also offer credit cards, student loans, insurance, and credit repair. Over the years, Lending Tree has developed into a well-diversified financial platform, offering every type of service needed.

You’ll find loan programs available for every type of mortgage as well. This includes conventional and FHA financing, in addition to VA loans.

VA loans are available for both purchase and refinance. In order to get the process going, you will fill out a series of questions on the website.

You’ll then be directed to various lenders who can provide for your loan needs. This will create competition between lenders, enabling you to choose the one you feel will work best for you.

Check VA Loan Rates with Lending Tree

Final Thoughts on Our Top VA Loan Lenders

If you search the web or ask friends, coworkers and others, who the best VA loan companies are, most of the companies on this list are likely to come up. Choose the one with the most personal recommendations, and then investigate the specific service levels they provide.

Virtually hundreds of mortgage lenders offer VA loans, but few specialize in the field.

Some of the lenders on this list even have current or former members of the military on staff in an advisory capacity. This will help to deal with the specific va loan requirements that active-duty military members, in particular, are likely to have.

Not all mortgage lenders are the same, and when it comes to VA loans, you’re best to go with the companies that specialize in these programs. Not only will there be a greater likelihood of loan approval, but you’re likely to find the loan application process faster and much more pleasant.

USAA Disclosure: Use of the term “member” or “membership” refers to membership in USAA Membership Services and does not convey any legal or ownership rights in USAA. Restrictions apply and are subject to change. To join USAA, separated military personnel must have received a discharge type of “Honorable.” Eligible former dependents of USAA members may join USAA. Bank products provided by USAA Federal Savings Bank, Member FDIC and Equal Housing Lender NMLS ID 401058.

Equal Housing OpportunityEqual Housing Opportunity. The Department of Veterans Affairs affirmatively administers the VA Home Loan Program by assuring that all Veterans are given an equal opportunity to buy homes with VA assistance. Federal law requires all VA Home Loan Program participants – builders, brokers and lenders offering housing for sale with VA financing – must comply with Fair Housing Laws and may not discriminate based on the race, color, religion, sex, handicap, familial status, or national origin of the Veteran.

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About Ryan Guina

Ryan Guina is The Military Wallet's founder. He is a writer, small business owner, and entrepreneur. He served over six years on active duty in the USAF and is a current member of the Illinois Air National Guard.

Ryan started The Military Wallet in 2007 after separating from active duty military service and has been writing about financial, small business, and military benefits topics since then. He also writes about personal finance and investing at Cash Money Life.

Ryan uses Personal Capital to track and manage his finances. Personal Capital is a free software program that allows him to track his net worth, balance his investment portfolio, track his income and expenses, and much more. You can open a free Personal Capital account here.

Featured In: Ryan's writing has been featured in the following publications: Forbes, Military.com, US News & World Report, Yahoo Finance, Reserve & National Guard Magazine (print and online editions), Military Influencer Magazine, Cash Money Life, The Military Guide, USAA, Go Banking Rates, and many other publications.

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  1. Paulus Ford says

    Do you have any information for Veterans looking to obtain a construction loan then turn the loan into a VA mortgage?

  2. Harold Ruiz says

    I had a very bad experience with Quicken Loans. I will advise everyone to stay away from them. They are not the professional experienced team that they portray.
    I was paired up with David from the fresh start program to help get my score into the appropriate zone for the loan. David did squat. I did the majority of the work. All he did was submit my info into a computer program and read me the results. I could have done that. I did though, gather the collection dates from a few of my creditors. I followed my score off Experian. I even called him, to follow up on my case, every time. You’ll accomplish much more on your own than working with Quicken Loans.

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