The 2024 Top VA Lenders Ranking: Top 30 List

The 2024 Top VA Lenders Ranking highlights the top 30 lenders, showcasing the financial institutions that have played a crucial role in helping veterans and active-duty service members achieve homeownership. This ranking is determined by loan origination, reflecting the number of VA loans closed and the total dollar amount financed by each lender.

What is a VA Loan?

A VA loan is a mortgage program backed by the U.S. Department of Veterans Affairs (VA), offering eligible military personnel, veterans, and their families access to affordable home financing. These loans come with significant benefits, such as no down payment requirements, competitive interest rates, and no private mortgage insurance (PMI), making them a preferred choice for many borrowers.

How the 2024 Top VA Lenders Were Ranked

The Top 30 VA Lenders ranking is based on the total VA loan origination processed in 2024. Factors considered in the ranking include:

Total number of VA loans closed
Lender reputation and borrower satisfaction
Approval and closing efficiency

Why This Ranking Matters

This list provides valuable insights into the best-performing VA lenders, helping military homebuyers and refinancing borrowers make informed decisions when choosing a lender. The rankings also reflect which lenders are most experienced in handling VA loans, ensuring a smoother and more efficient home-buying process.

Top 30 VA Lenders in 2024

Here are the top thirty VA lenders that led the market:

Rank	Company Name	Headquarters	Years in Business
1	Pennymac	Westlake Village, CA	16
2	Newrez	Fort Washington, PA	7
3	Planet Home Lending LLC	Meriden, CT	12
4	AmeriHome Mortgage Company	Thousand Oaks, CA	11
5	loanDepot	Irvine, CA	14
6	Fairway Independent Mortgage Corporation	Madison, WI	28
7	Movement Mortgage LLC	Indian Land, SC	15
8	CrossCountry Mortgage	Cleveland, OH	21
9	CMG Financial	San Ramon, CA	31
10	Guaranteed Rate	Chicago, IL	24
11	Plaza Home Mortgage	San Diego, CA	24
12	Guild Mortgage Company	San Diego, CA	63
13	FBC Mortgage LLC	Orlando, FL	19
14	New American Funding	Tustin, CA	20
15	American Pacific Mortgage	Roseville, CA	28
16	Paramount Residential Mortgage Group	Corona, CA	23
17	Cornerstone Home Lending	Houston, TX	36
18	PrimeLending, a PlainsCapital Company	Dallas, TX	37
19	Atlantic Bay Mortgage Group	Virginia Beach, VA	27
20	NFM Lending	Linthicum, MD	26
21	Guaranteed Rate Affinity	Chicago, IL	7
22	Wintrust Mortgage	Rosemont, IL	45
23	KBHS Home Loans	Irving, TX	8
24	American Financial Network Inc.	Brea, CA	21
25	Mutual of Omaha Mortgage Inc.	San Diego, CA	11
26	AnnieMac Home Mortgage	Mount Laurel Township, NJ	14
27	Bay Equity Home Loans	Corte Madera, CA	17
28	Kind Lending LLC	Santa Ana, CA	4
29	Trident Home Loans LLC	Pensacola, FL	17
30	TowneBank Mortgage	Norfolk, VA	25

How to Choose the Right VA Lender

When selecting a VA lender, consider the following:

Experience with VA loans: Choose a lender that specializes in VA financing.
Interest rates and fees: Compare rates, closing costs, and lender fees.
Customer service ratings: Look for lenders with positive reviews and high satisfaction scores.
Loan approval speed: Opt for lenders with fast processing and closing times.

Final Thoughts

The 2024 Top VA Lenders ranking serves as a useful resource for veterans and service members looking to finance a home with a VA loan. By choosing a lender from this list, borrowers can ensure they are working with a trusted, experienced, and efficient financial institution that understands the unique needs of military homebuyers.

For the complete Top 30 VA Lenders list and detailed insights, check with the latest VA loan market reports and lender rankings.

Disclaimer: This article is for informational purposes only. The details provided, including rankings, company information, and years in business, are subject to change over time. Readers should not rely on this content for making financial decisions and are encouraged to verify details with official sources before proceeding.