GITNUX MARKETDATA REPORT 2024
Va Loan Quantity Statistics
The VA Loan Quantity Statistics show the average number of VA loans approved in a given time period.
In this post, we explore a range of statistics related to VA loans, shedding light on their impact and utilization among diverse borrower demographics. From the significant number of VA home loans insured by the government to the comparatively low delinquency rates, these figures provide valuable insights into the role of VA loans in the residential mortgage market.
Statistic 1
"Among African American and Latino borrowers, VA loans represented approximately 10% of all home purchase loans."
Statistic 2
"As of 2020, over 25 million VA home loans have been insured by the government."
Statistic 3
"Veterans Affairs Home Loans service has helped over 22 million veterans own their own home since its inception."
Statistic 4
"The VA Loan program has the lowest delinquency rate of all loan types."
Statistic 5
"VA loans have a 4.16% 30-year Fixed Rate compared to Conforming loans which have a 4.27% Rate."
Statistic 6
"Approximately 90% of VA Loans are made with no money down."
Statistic 7
"Only 13% of veterans are taking advantage of their VA Loan benefits."
Statistic 8
"VA Loans represent approximately 10% of the residential mortgage market."
