Mountain State Times

With $207,051 in loans issued, West Virginia ranked 42nd in the average amount of a VA home loan in 2019, according to figures provided by the Veterans 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 purchase loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are geared toward veterans with a service-connected disability.

The following table shows the ranking of states in terms of average VA home loan.

Average VA Home Loan Value, Ranked by State

Rank	State	Avg. VA Home Loan
1	Hawaii	$555,069
2	District of Columbia	$549,136
3	California	$429,901
4	Maryland	$368,246
5	Massachusetts	$350,014
6	Virginia	$344,720
7	Washington	$343,858
8	Colorado	$343,411
9	Alaska	$316,529
10	Utah	$315,647
11	Nevada	$309,608
12	Oregon	$305,245
13	New Jersey	$296,435
14	Rhode Island	$290,608
15	New Hampshire	$286,051
16	Connecticut	$272,190
17	Delaware	$270,612
18	Arizona	$269,855
19	Idaho	$269,626
20	Montana	$267,292
21	Wyoming	$263,755
22	Florida	$262,754
23	Texas	$261,117
24	New York	$257,642
25	Minnesota	$257,353
26	North Dakota	$248,554
27	Vermont	$245,823
28	South Carolina	$240,264
29	Tennessee	$235,880
30	South Dakota	$235,681
31	Georgia	$235,090
32	New Mexico	$231,948
33	North Carolina	$229,774
34	Maine	$227,325
35	Nebraska	$226,134
36	Pennsylvania	$226,024
37	Louisiana	$225,734
38	Illinois	$224,758
39	Alabama	$222,457
40	Wisconsin	$219,734
41	Kansas	$209,336
42	West Virginia	$207,051
43	Mississippi	$206,526
44	Missouri	$206,120
45	Oklahoma	$205,698
46	Kentucky	$204,998
47	Iowa	$203,230
48	Ohio	$200,183
49	Michigan	$199,680
50	Indiana	$198,188
51	Arkansas	$193,332