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Friday, July 11, 2025

Illinois ranks 17th in total VA home loans during Q1

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Kimberly M. Jackson VA Chief of Staff | https://department.va.gov

Kimberly M. Jackson VA Chief of Staff | https://department.va.gov

Illinois ranked 17th in the nation in VA home loans in the first quarter of 2025, with 3,167 loans issued, according to the Veterans' Affairs Home Loans Index.

The VA assists service members, veterans and eligible surviving spouses to 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 eligible individuals buy, build, or repair their homes. These include Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are designed for 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 (2025, Q1)
RankStateTotal VA Home Loan
1Texas$5.6 billion
2California$4.8 billion
3Florida$4.7 billion
4Virginia$3.9 billion
5North Carolina$3.1 billion
6Georgia$2.6 billion
7Colorado$2.1 billion
8Washington$2.1 billion
9Arizona$2 billion
10Maryland$1.8 billion
11Tennessee$1.7 billion
12South Carolina$1.6 billion
13Ohio$1.3 billion
14Alabama$1.2 billion
15Nevada$999.1 million
16Missouri$994.8 million
17Illinois$992.8 million
18Pennsylvania$979.2 million
19Indiana$842 million
20Michigan$836.1 million
21Oklahoma$731.5 million
22Oregon$703.4 million
23Utah$639.8 million
24New Jersey$635.4 million
25Hawaii$622 million
26Kentucky$621.1 million
27Wisconsin$583.7 million
28Minnesota$580.6 million
29Massachusetts$523.5 million
30New York$510 million
31Idaho$508.1 million
32Arkansas$501.4 million
33Louisiana$477.9 million
34New Mexico$430 million
35Mississippi$428.5 million
36Kansas$412.6 million
37Alaska$312.8 million
38Iowa$310.3 million
39Nebraska$308.6 million
40Connecticut$285.1 million
41Montana$269.9 million
42New Hampshire$250.1 million
43Maine$233.3 million
44West Virginia$233 million
45Delaware$226.6 million
46Wyoming$172.1 million
47South Dakota$158.2 million
48Rhode Island$124.4 million
49North Dakota$117.7 million
50District of Columbia$95.8 million
51Vermont$59 million
52Puerto Rico$55.5 million
53Guam$29.4 million
54Virgin Islands$6.9 million

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