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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 61.6% $106,825,107,226 $277,834
Refinance 38.4% $68,810,637,420 $286,655
Total 624,540 $175,635,744,646 $281,224

State VA Loan Statistics

  Total Purchase Loans Total Refinance Loans Total Home Loans Total Loan Amount Avg. Loan Amount
Alabama 8,168 4,168 12,336 $2,744,234,955 $222,457
Alaska 2,203 947 3,150 $997,066,470 $316,529
Arizona 13,985 11,886 25,871 $6,981,427,088 $269,855
Arkansas 3,670 1,855 5,525 $1,068,160,033 $193,332
California 24,877 31,082 55,959 $24,056,926,325 $429,903
Colorado 12,661 12,176 24,837 $8,529,454,410 $343,417
Connecticut 1,876 916 2,792 $759,955,547 $272,190
DC 391 233 624 $342,660,962 $549,136
Delaware 1,272 918 2,190 $592,633,208 $270,609
Florida 36,797 19,499 56,296 $14,791,869,917 $262,752
Georgia 18,611 10,803 29,414 $6,914,969,490 $235,091
Guam 225 45 270 $98,803,865 $365,940
Hawaii 2,467 2,011 4,478 $2,485,583,537 $555,066
Idaho 3,444 2,842 6,286 $1,694,875,184 $269,627
Illinois 7,181 4,290 11,471 $2,578,211,269 $224,759
Indiana 6,244 4,507 10,751 $2,130,743,215 $198,190
Iowa 2,511 1,369 3,880 $788,530,485 $203,230
Kansas 3,464 1,644 5,108 $1,069,289,168 $209,336
Kentucky 4,466 2,762 7,228 $1,481,773,791 $205,005
Louisiana 4,530 2,257 6,787 $1,532,025,642 $225,729
Maine 1,402 991 2,393 $543,988,753 $227,325
Maryland 9,052 6,104 15,156 $5,581,140,896 $368,246
Massachusetts 2,742 2,555 5,297 $1,854,032,556 $350,016
Michigan 6,271 5,177 11,448 $2,285,940,335 $199,680
Minnesota 4,520 3,363 7,883 $2,028,727,505 $257,355
Mississippi 3,628 1,458 5,086 $1,050,384,277 $206,525
Missouri 7,530 4,301 11,831 $2,438,609,703 $206,120
Montana 1,711 1,073 2,784 $744,140,673 $267,292
Nebraska 2,555 1,380 3,935 $889,837,901 $226,134
Nevada 7,018 6,595 13,613 $4,214,601,825 $309,601
New Hampshire 1,498 1,078 2,576 $736,856,766 $286,047
New Jersey 3,462 2,466 5,928 $1,757,243,258 $296,431
New Mexico 3,316 1,884 5,200 $1,206,125,857 $231,947
New York 5,077 2,325 7,402 $1,907,058,931 $257,641
North Carolina 20,661 9,707 30,368 $6,977,513,981 $229,765
North Dakota 874 423 1,297 $322,374,201 $248,554
Ohio 10,507 5,920 16,427 $3,288,411,194 $200,183
Oklahoma 6,060 2,329 8,389 $1,725,598,313 $205,698
Oregon 5,143 5,596 10,739 $3,278,030,530 $305,245
Pennsylvania 7,822 4,520 12,342 $2,789,662,993 $226,030
Puerto Rico 756 99 855 $137,438,786 $160,747
Rhode Island 707 542 1,249 $362,968,784 $290,608
South Carolina 10,730 5,611 16,341 $3,926,154,473 $240,264
South Dakota 1,249 617 1,866 $439,779,431 $235,680
Tennessee 11,058 6,548 17,606 $4,152,904,228 $235,880
Texas 42,242 7,935 50,177 $13,102,045,843 $261,117
Utah 3,746 3,689 7,435 $2,346,817,534 $315,645
Vermont 419 214 633 $155,605,646 $245,823
Virgin Islands 39 4 43 $17,687,960 $411,348
Virginia 23,257 12,236 35,493 $12,235,079,231 $344,718
Washington 13,194 12,702 25,896 $8,904,735,951 $343,865
West Virginia 1,755 809 2,564 $530,876,434 $207,050
Wisconsin 4,241 2,970 7,211 $1,584,487,486 $219,732
Wyoming 1,201 616 1,817 $479,242,883 $263,755

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: 11/19/2019