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Tuesday, September 30, 2025

Number of VA loans issued in Missouri increased by 82% from Q1 2024 to Q1 2025

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Tanya Bradshe Deputy Secretary of Veterans Affairs | https://department.va.gov

Tanya Bradshe Deputy Secretary of Veterans Affairs | https://department.va.gov

The U.S. Department of Veterans Affairs (VA) issued 3,306 home loans in Missouri, totaling $994.8 million, during the first quarter of the fiscal year 2025, according to figures provided by the Veterans Affairs Home Loans Index.

In the same quarter of the previous year, Missouri issued 1,816 home loans, totaling $496 million.

The VA assists service members, veterans and eligible surviving spouses to achieve 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 eligible individuals buy, build, or repair their homes. These include Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are designed for veterans with service-connected disabilities.

VA Home Loans in Missouri (Q1 2024 vs. Q1 2025)
QuarterNumber of LoansTotal Loan Amount
Q1 20253,306$994.8 million
Q1 20241,816$496 million

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