Local Government News

Number of VA loans issued in Illinois increased by 76.6% from Q1 2024 to Q1 2025
The U.S. Department of Veterans Affairs (VA) issued 3,167 home loans in Illinois, totaling $992.8 million, during the first quarter of the fiscal year 2025, according to figures provided by the Veterans Affairs Home Loans Index.

VA issues more Interest Rate Reduction Refinance Loans in Illinois in Q1 2025 vs. Q4 2024
The VA issued 1,054 Interest Rate Reduction Refinance Loans in Illinois during the first quarter of fiscal year 2025, compared to 597 loans the previous quarter, according to figures provided by the Veterans Affairs Home Loans Index.