Idaho ranks 30th in total VA home loans during Q3 2022

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Idaho ranked 30th in VA home loans in the third quarter of 2022 with 1,226 loans issued, according to the Veteran’s 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 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 (2022, Q3)
Rank State Total VA Home Loan
1 California $5.9 billion
2 Florida $5.8 billion
3 Texas $4.8 billion
4 Virginia $4.5 billion
5 North Carolina $2.8 billion
6 Georgia $2.7 billion
7 Colorado $2.3 billion
8 Washington $2.3 billion
9 Arizona $2.3 billion
10 Maryland $1.8 billion
11 Tennessee $1.6 billion
12 South Carolina $1.5 billion
13 Alabama $1.2 billion
14 Nevada $1.2 billion
15 Ohio $978.3 million
16 Oregon $836.7 million
17 Illinois $828.5 million
18 Missouri $816.8 million
19 Pennsylvania $812.9 million
20 Hawaii $808 million
21 Oklahoma $707.3 million
22 Indiana $680.9 million
23 Utah $658.5 million
24 Michigan $651 million
25 New York $567.7 million
26 Kentucky $553.7 million
27 New Jersey $545.7 million
28 Louisiana $541.1 million
29 Minnesota $522.9 million
30 Idaho $503.5 million
31 New Mexico $460 million
32 Massachusetts $450.8 million
33 Mississippi $431.7 million
34 Wisconsin $428.3 million
35 Arkansas $419.9 million
36 Alaska $391.6 million
37 Kansas $356.9 million
38 Nebraska $262.1 million
39 Connecticut $234.1 million
40 Montana $231.4 million
41 Iowa $226.8 million
42 Delaware $218.7 million
43 New Hampshire $182.2 million
44 Maine $179.1 million
45 West Virginia $177.6 million
46 Wyoming $150.9 million
47 South Dakota $139.7 million
48 Rhode Island $114.7 million
49 District of Columbia $103.1 million
50 North Dakota $97 million
51 Puerto Rico $49.9 million
52 Guam $48.7 million
53 Vermont $46.2 million
54 Virgin Islands $3.2 million


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