Florida ranks 2nd in total VA home loans during Q1

Florida ranks 2nd in total VA home loans during Q1
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Florida ranked second in VA home loans in the first quarter of 2024 with 8,065 loans issued, according to the Veterans’ Affairs Home Loans Index.

The Veterans Affairs (VA) assists service members, veterans, and eligible surviving spouses in achieving homeownership through loans that are provided by banks and mortgage companies, offering financial support and benefits unique to those who have served in the military.

A portion of the loan is guaranteed by the VA, enabling lenders to provide better rates.

Several VA housing programs are available to help members buy, build, or repair their homes, each tailored to meet different needs, including those of veterans with service-connected disabilities.

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

Total VA Home Loan Value, Ranked by State (2024, Q1)
Rank State Total VA Home Loan
1 Texas $3.3 billion
2 Florida $3.1 billion
3 California $2.3 billion
4 Virginia $2.1 billion
5 North Carolina $1.7 billion
6 Georgia $1.6 billion
7 Colorado $1.1 billion
8 Washington $1 billion
9 South Carolina $988.4 million
10 Tennessee $941.9 million
11 Arizona $933.8 million
12 Maryland $862.4 million
13 Ohio $691.7 million
14 Alabama $688.2 million
15 Nevada $522.7 million
16 Illinois $506.8 million
17 Missouri $496 million
18 Pennsylvania $486.1 million
19 Indiana $448.4 million
20 Michigan $433.5 million
21 Oklahoma $419.6 million
22 New York $375.2 million
23 New Jersey $337.4 million
24 Kentucky $331.9 million
25 Hawaii $326.6 million
26 Oregon $324.4 million
27 Minnesota $306.3 million
28 Utah $287.5 million
29 Wisconsin $282.9 million
30 Louisiana $281.3 million
31 New Mexico $268.7 million
32 Arkansas $261.2 million
33 Massachusetts $243.8 million
34 Mississippi $243.5 million
35 Idaho $238.9 million
36 Kansas $220.8 million
37 Alaska $188.9 million
38 Nebraska $156 million
39 Iowa $154.2 million
40 Connecticut $145.4 million
41 Montana $138.8 million
42 West Virginia $128.6 million
43 New Hampshire $128.4 million
44 Maine $117.2 million
45 Delaware $114.9 million
46 Wyoming $96.3 million
47 South Dakota $87.6 million
48 North Dakota $62.2 million
49 Rhode Island $59.2 million
50 District of Columbia $47.1 million
51 Puerto Rico $40 million
52 Vermont $32.9 million
53 Guam $21.4 million
54 Virgin Islands $4.8 million


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