The 10 largest VA mortgage lenders [CNBC]

Lowe's Companies, Inc. (LOW)
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Source: CNBC
VA loans are zero-down mortgages for active service members and veterans that are insured by the Department of Veterans Affairs and funded by private lenders. Created in 1944, the VA loan program has aided more than 24 million families achieve homeownership with flexible qualifications, lower rates, no down payment and no private mortgage insurance. No big banks were among the top 10 originators of VA loans in 2024 according to CNBC Select analysis of data from the Department of Veteran Affairs Veterans United topped the list, while online lenders United Wholesale Mortgage and Rocket Mortgage were a close second and third, respectively. The three combined were responsible for nearly a third of all VA loans issued in 2024. 1. Veterans United Annual Percentage Rate (APR) Types of loans Terms Credit needed Minimum down payment Pros Veterans United was the largest VA loan lender in 2024, with 61,182 mortgages totaling $19.3 billion. Founded in 2002, the Columbia, Mi
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