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Arkansas ranked 34th in total VA home loans during 2021

Realestate077

Arkansas ranked 34th in VA home loans in 2021 with 12,396 loans issued, according to figures provided by the Veteran’s Affairs Home Loans Index.

The VA assists service members, veterans, and eligible surviving spouses 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 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
RankStateTotal VA Home Loan
1California$64.8 billion
2Virginia$37.6 billion
3Florida$35.2 billion
4Texas$34.3 billion
5Washington$21.1 billion
6Colorado$20 billion
7North Carolina$17.9 billion
8Arizona$17.3 billion
9Maryland$17 billion
10Georgia$16.7 billion
11South Carolina$9.9 billion
12Tennessee$9.8 billion
13Nevada$9.2 billion
14Hawaii$7.6 billion
15Oregon$7.6 billion
16Ohio$7.4 billion
17Alabama$7.3 billion
18Pennsylvania$6.9 billion
19Illinois$6.5 billion
20Missouri$5.8 billion
21Utah$5.7 billion
22Michigan$5.1 billion
23Minnesota$5 billion
24Massachusetts$4.9 billion
25Indiana$4.9 billion
26New Jersey$4.8 billion
27New York$4.2 billion
28Oklahoma$4.2 billion
29Idaho$3.9 billion
30Wisconsin$3.8 billion
31Louisiana$3.7 billion
32Kentucky$3.6 billion
33New Mexico$3.2 billion
34Arkansas$2.7 billion
35Alaska$2.6 billion
36Kansas$2.6 billion
37Mississippi$2.4 billion
38Connecticut$2.1 billion
39Nebraska$2 billion
40Montana$2 billion
41New Hampshire$1.8 billion
42Iowa$1.8 billion
43Delaware$1.7 billion
44West Virginia$1.3 billion
45Maine$1.3 billion
46Wyoming$1.2 billion
47District of Columbia$1.1 billion
48South Dakota$1.1 billion
49Rhode Island$949 million
50North Dakota$856 million
51Vermont$430.7 million
52Guam$238.5 million
53Puerto Rico$229.3 million
54Virgin Islands$24.8 million

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