Pennsylvania ranks 17th in total VA home loans during Q3

Pennsylvania ranks 17th in total VA home loans during Q3
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Pennsylvania ranked 17th in VA home loans in the third quarter of 2021 with 6,513 loans issued, according to the Veteran’s Affairs Home Loans Index.

The VA assists service members, veterans, and eligible surviving spouses in achieving homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.

Several VA housing programs can help members buy, build or repair their homes. Loan types may include home purchase loans, interest rate reduction refinance loans (IRRRL), and adapted housing grants geared toward veterans with a service-connected disability.

The following table shows the ranking of states in terms of total VA home loans.

Total VA Home Loan Value, Ranked by State (2021, Q3)
Rank State Total VA Home Loan
1 California $14.4 billion
2 Virginia $8.8 billion
3 Texas $8.4 billion
4 Florida $8.4 billion
5 Washington $4.6 billion
6 Colorado $4.4 billion
7 North Carolina $4.3 billion
8 Georgia $4 billion
9 Maryland $4 billion
10 Arizona $3.8 billion
11 South Carolina $2.5 billion
12 Tennessee $2.3 billion
13 Nevada $2.1 billion
14 Alabama $1.8 billion
15 Ohio $1.7 billion
16 Oregon $1.7 billion
17 Pennsylvania $1.6 billion
18 Illinois $1.6 billion
19 Hawaii $1.5 billion
20 Missouri $1.3 billion
21 Utah $1.2 billion
22 Michigan $1.1 billion
23 Massachusetts $1.1 billion
24 Minnesota $1.1 billion
25 New Jersey $1.1 billion
26 Indiana $1.1 billion
27 Oklahoma $1 billion
28 New York $945.5 million
29 Louisiana $940 million
30 Idaho $910.5 million
31 Wisconsin $873.3 million
32 Kentucky $822.8 million
33 New Mexico $770.9 million
34 Alaska $739 million
35 Kansas $629 million
36 Arkansas $619 million
37 Mississippi $613 million
38 Connecticut $494.1 million
39 Montana $473.1 million
40 Nebraska $448.9 million
41 Iowa $431.6 million
42 Delaware $430.3 million
43 New Hampshire $398.9 million
44 West Virginia $329.1 million
45 District of Columbia $309.3 million
46 Maine $298.1 million
47 Wyoming $283.1 million
48 South Dakota $236.1 million
49 Rhode Island $232 million
50 North Dakota $209.3 million
51 Vermont $97.5 million
52 Guam $66.6 million
53 Puerto Rico $58.7 million
54 Virgin Islands $6.9 million


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