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VA Loan Statistics

See how the VA Loan program is helping Veterans and service members achieve the dream of homeownership nationwide. Sort by state below.

Chart data is represented in tables below.

Recent VA Loan Data

The VA Home Loan is an amazing benefit that has helped more than 24 million Veterans achieve the dream of homeownership. Created in 1944, the program continues to provide borrowers with powerful mortgage and refinancing options.

Veterans and military families have turned to the VA Loan program in record numbers in recent years.

National VA Loan Statistics

  Total Number of Loans Total Loan Amount Avg. Loan Amount
Purchase Loan 34.4% $130,603,321,890 $304,848
Refinance 65.6% $244,743,095,725 $299,053
Total 1,246,815 $375,346,417,615 $301,044

State VA Loan Statistics

  Total Purchase Loans Total Refinance Loans Total Home Loans Total Loan Amount Avg. Loan Amount
Alabama 9,264 14,210 23,474 $5,586,586,631 $237,990
Alaska 2,525 3,786 6,311 $2,084,620,252 $330,315
Arizona 15,763 38,974 54,737 $15,335,623,803 $280,169
Arkansas 4,083 5,843 9,926 $2,050,219,989 $206,550
California 28,679 101,980 130,659 $57,357,457,686 $438,986
Colorado 14,650 36,655 51,305 $18,220,584,896 $355,142
Connecticut 2,128 3,584 5,712 $1,630,331,615 $285,422
DC 475 1,017 1,492 $877,042,808 $587,830
Delaware 1,528 3,144 4,672 $1,303,158,287 $278,929
Florida 41,136 64,979 106,115 $29,561,229,594 $278,577
Georgia 20,911 33,865 54,776 $13,738,209,509 $250,807
Guam 225 123 348 $135,067,160 $388,124
Hawaii 2,908 7,887 10,795 $6,248,562,212 $578,839
Idaho 3,799 7,820 11,619 $3,312,926,795 $285,130
Illinois 7,976 13,999 21,975 $5,381,462,867 $244,890
Indiana 6,665 13,670 20,335 $4,291,180,724 $211,024
Iowa 2,523 3,932 6,455 $1,412,539,210 $218,829
Kansas 3,784 5,263 9,047 $2,014,172,803 $222,634
Kentucky 4,828 8,404 13,232 $2,886,545,394 $218,149
Louisiana 4,805 7,947 12,752 $3,026,230,508 $237,314
Maine 1,471 2,976 4,447 $1,068,317,016 $240,233
Maryland 10,219 24,996 35,215 $13,456,145,946 $382,114
Massachusetts 2,894 8,464 11,358 $4,105,712,953 $361,482
Michigan 6,488 14,516 21,004 $4,439,102,561 $211,346
Minnesota 4,601 11,355 15,956 $4,280,993,283 $268,300
Mississippi 3,795 4,732 8,527 $1,831,292,748 $214,764
Missouri 7,995 13,539 21,534 $4,738,600,027 $220,052
Montana 1,965 3,657 5,622 $1,583,851,445 $281,724
Nebraska 2,785 4,661 7,446 $1,754,295,491 $235,602
Nevada 7,756 18,773 26,529 $8,441,816,520 $318,211
New Hampshire 1,537 3,500 5,037 $1,496,413,750 $297,084
New Jersey 4,064 8,479 12,543 $3,909,148,164 $311,660
New Mexico 3,563 5,936 9,499 $2,340,225,722 $246,365
New York 4,981 5,671 10,652 $3,025,350,831 $284,017
North Carolina 24,011 35,376 59,387 $14,607,758,660 $245,976
North Dakota 999 1,522 2,521 $668,298,631 $265,093
Ohio 10,645 18,506 29,151 $6,277,600,485 $215,348
Oklahoma 6,796 7,539 14,335 $3,199,137,355 $223,170
Oregon 5,631 15,708 21,339 $6,786,799,023 $318,047
Pennsylvania 7,771 14,349 22,120 $5,377,168,625 $243,091
Puerto Rico 694 269 963 $169,292,142 $175,797
Rhode Island 798 1,706 2,504 $757,920,805 $302,684
South Carolina 12,365 19,564 31,929 $8,132,774,023 $254,714
South Dakota 1,411 2,367 3,778 $936,417,639 $247,861
Tennessee 12,138 19,979 32,117 $8,152,584,899 $253,840
Texas 48,902 54,805 103,707 $28,582,891,123 $275,612
Utah 4,163 11,047 15,210 $4,962,064,269 $326,237
Vermont 490 753 1,243 $309,403,954 $248,917
Virgin Islands 24 6 30 $12,986,720 $432,891
Virginia 26,764 53,654 80,418 $29,476,203,776 $366,537
Washington 14,370 38,065 52,435 $18,687,938,497 $356,402
West Virginia 1,891 2,681 4,572 $1,027,345,743 $224,704
Wisconsin 4,518 9,756 14,274 $3,285,860,476 $230,199
Wyoming 1,268 2,405 3,673 $1,010,714,658 $275,174

VA Home Loan Demographic Statistics

Chart data is represented in tables below.

VA Loan Demographics

  Total Number of Loans Total Loan Amount Avg. Loan Amount Total Guaranty Amount Avg. Guaranty Amount
First Time Home Buyer 159,714 $38,502,631,938 $241,072 $9,753,331,581 $61,067
Previous Home Buyer 223,401 $64,885,019,460 $290,442 $15,695,613,674 $70,258
No Down Payment 303,337 $75,919,696,855 $250,282 $19,175,332,265 $63,215
Down Payment 79,778 $27,467,954,543 $334,305 $6,273,612,991 $78,638
Age 18-35 167,866 $42,495,376,711 $234,418 $10,624,628,784 $59,165
Age 36-55 246,537 $72,350,169,269 $293,294 $17,638,118,226 $71,505
Age 56+ 196,110 $46,449,967,790 $232,704 $11,677,209,673 $58,727

Loans Guaranteed by Period of Service

  2018 2017 2016 2015 2014 2013
WWII 253 421 492 562 475 733
Post WWII 90 148 174 197 123 206
Korean War 647 992 1,059 1,135 865 1,242
Post-Korean War 5,153 7,337 7,318 7,171 5,134 6,248
Vietnam 28,749 38,829 37,843 36,327 25,589 32,359
Post-Vietnam 33,081 42,461 41,673 38,272 27,756 35,763
Gulf War 172,830 205,032 201,523 185,124 137,075 174,465
Restored Entitlement 273,700 335,427 309,242 262,569 162,298 256,705
Service Personnel 80,241 90,804 88,295 84,501 68,246 108,778
Reservists 11,703 14,749 14,141 12,168 8,468 10,319
Un-Remarried Survivors 4,066 4,189 3,714 3,116 2,369 2,494

Data Source: Department of Veterans Affairs Lender Volume Report. Percentage change is calculated from the previous year. Numbers are subject to change as reporting finalized.

Updated: 12/1/2020