Veterans United or Local Lender VA home loan

Not even taking into account price, the local lender is almost certainly going to be more available, better with communication, fast to close, and will have a better reputation with the sellers’ agents, who gate keep offers a bit and will often tell discourage their clients from taking a VA-backed offer when it’s a ender like Veterans United involved. There’s more to this decision that interest rate/closing costs; you’re going to want RELIABILITY in a purchase transaction where there’s a contract with deadlines in the balance. Always skip the call centers in favor of a strong local lender (whether your local lender is strong or not isn’t known at this point). Average VA rates without points are decently above 6%, so you’ll want to be sure the rate you’re being quoted is legit and doesn’t come with a big origination fee (the broker might say you’re not paying points, but are you paying 1%, the max buyer paid comp for brokers, to him/her for the loan?).

Local lender always. Anytime I have a client working with a box company, like VU, the transaction is always more difficult, and generally the client doesn’t get the same level of explanation and assistance throughout that they do with a local lender.
Also, Veterans United is just a mortgage company that uses the word veteran in the company name. They’re not affiliated with anything related to the department of veteran affairs, or any other veteran affiliation.

Generally I would say a local lender, however I just did a VA assumption with VU (had to use them since we were assuming the previous loan) and had a phenomenal experience. I wouldn’t hesitate to use them at all if it makes sense with the rates/fees.