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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 30.8% $152,874,681,302 $344,274
Refinance 69.2% $294,317,852,261 $294,998
Total 1,441,745 $447,192,533,563 $310,174

State VA Loan Statistics

  Total Purchase Loans Total Refinance Loans Total Home Loans Total Loan Amount Avg. Loan Amount
Alabama 10,532 18,762 29,294 $7,252,734,220 $247,584
Alaska 3,086 4,904 7,990 $2,640,244,408 $330,444
Arizona 14,684 44,009 58,693 $17,304,523,545 $294,831
Arkansas 4,393 8,003 12,396 $2,654,365,322 $214,131
California 28,014 113,288 141,302 $64,767,355,221 $458,361
Colorado 14,434 39,570 54,004 $20,025,741,506 $370,820
Connecticut 2,377 4,913 7,290 $2,131,884,901 $292,440
DC 529 1,314 1,843 $1,136,243,202 $616,518
Delaware 1,654 4,267 5,921 $1,693,358,837 $285,992
Florida 41,587 79,377 120,964 $35,187,999,443 $290,896
Georgia 22,568 41,567 64,135 $16,725,074,894 $260,779
Guam 329 248 577 $238,500,868 $413,346
Hawaii 3,371 9,542 12,913 $7,595,417,174 $588,199
Idaho 3,094 9,822 12,916 $3,942,743,776 $305,260
Illinois 8,952 17,352 26,304 $6,525,030,499 $248,062
Indiana 6,452 16,057 22,509 $4,865,199,475 $216,145
Iowa 2,804 5,139 7,943 $1,784,813,449 $224,703
Kansas 4,160 6,997 11,157 $2,565,803,783 $229,973
Kentucky 5,447 10,464 15,911 $3,579,289,912 $224,957
Louisiana 5,639 9,702 15,341 $3,725,739,528 $242,862
Maine 1,396 3,780 5,176 $1,261,921,818 $243,803
Maryland 11,429 31,974 43,403 $17,018,441,017 $392,103
Massachusetts 2,756 10,627 13,383 $4,908,524,774 $366,773
Michigan 6,536 17,159 23,695 $5,096,716,481 $215,097
Minnesota 4,653 13,652 18,305 $4,973,215,755 $271,686
Mississippi 4,391 6,181 10,572 $2,376,155,739 $224,759
Missouri 8,547 17,124 25,671 $5,796,368,844 $225,794
Montana 2,021 4,711 6,732 $1,988,434,314 $295,371
Nebraska 2,602 5,839 8,441 $2,042,116,435 $241,928
Nevada 7,752 20,040 27,792 $9,178,749,028 $330,266
New Hampshire 1,343 4,636 5,979 $1,816,572,153 $303,825
New Jersey 4,151 10,852 15,003 $4,817,106,392 $321,076
New Mexico 4,272 8,415 12,687 $3,191,226,677 $251,535
New York 5,611 8,580 14,191 $4,198,566,631 $295,861
North Carolina 25,227 45,250 70,477 $17,890,689,926 $253,851
North Dakota 1,229 2,049 3,278 $855,998,466 $261,134
Ohio 10,582 23,016 33,598 $7,400,203,023 $220,257
Oklahoma 7,357 10,855 18,212 $4,167,655,023 $228,841
Oregon 5,206 17,961 23,167 $7,566,637,351 $326,613
Pennsylvania 8,316 19,710 28,026 $6,936,714,657 $247,510
Puerto Rico 798 421 1,219 $229,261,965 $188,074
Rhode Island 803 2,247 3,050 $949,015,983 $311,153
South Carolina 13,031 24,480 37,511 $9,896,639,707 $263,833
South Dakota 1,475 2,789 4,264 $1,087,893,648 $255,135
Tennessee 12,790 24,229 37,019 $9,808,284,557 $264,953
Texas 49,153 71,910 121,063 $34,345,691,964 $283,701
Utah 3,649 12,809 16,458 $5,656,802,720 $343,711
Vermont 510 1,126 1,636 $430,708,578 $263,269
Virgin Islands 34 21 55 $24,822,778 $451,323
Virginia 30,384 69,111 99,495 $37,555,573,245 $377,462
Washington 13,849 42,850 56,699 $21,076,082,456 $371,719
West Virginia 2,091 3,603 5,694 $1,313,187,282 $230,626
Wisconsin 4,554 11,476 16,030 $3,755,880,608 $234,303
Wyoming 1,438 2,915 4,353 $1,237,934,470 $284,387

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: 10/8/2021