North Carolina ranked fifth in the nation in VA home loans in the first quarter of 2025, with 8,915 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.
| Rank | State | Total VA Home Loan |
|---|---|---|
| 1 | Texas | $5.6 billion |
| 2 | California | $4.8 billion |
| 3 | Florida | $4.7 billion |
| 4 | Virginia | $3.9 billion |
| 5 | North Carolina | $3.1 billion |
| 6 | Georgia | $2.6 billion |
| 7 | Colorado | $2.1 billion |
| 8 | Washington | $2.1 billion |
| 9 | Arizona | $2 billion |
| 10 | Maryland | $1.8 billion |
| 11 | Tennessee | $1.7 billion |
| 12 | South Carolina | $1.6 billion |
| 13 | Ohio | $1.3 billion |
| 14 | Alabama | $1.2 billion |
| 15 | Nevada | $999.1 million |
| 16 | Missouri | $994.8 million |
| 17 | Illinois | $992.8 million |
| 18 | Pennsylvania | $979.2 million |
| 19 | Indiana | $842 million |
| 20 | Michigan | $836.1 million |
| 21 | Oklahoma | $731.5 million |
| 22 | Oregon | $703.4 million |
| 23 | Utah | $639.8 million |
| 24 | New Jersey | $635.4 million |
| 25 | Hawaii | $622 million |
| 26 | Kentucky | $621.1 million |
| 27 | Wisconsin | $583.7 million |
| 28 | Minnesota | $580.6 million |
| 29 | Massachusetts | $523.5 million |
| 30 | New York | $510 million |
| 31 | Idaho | $508.1 million |
| 32 | Arkansas | $501.4 million |
| 33 | Louisiana | $477.9 million |
| 34 | New Mexico | $430 million |
| 35 | Mississippi | $428.5 million |
| 36 | Kansas | $412.6 million |
| 37 | Alaska | $312.8 million |
| 38 | Iowa | $310.3 million |
| 39 | Nebraska | $308.6 million |
| 40 | Connecticut | $285.1 million |
| 41 | Montana | $269.9 million |
| 42 | New Hampshire | $250.1 million |
| 43 | Maine | $233.3 million |
| 44 | West Virginia | $233 million |
| 45 | Delaware | $226.6 million |
| 46 | Wyoming | $172.1 million |
| 47 | South Dakota | $158.2 million |
| 48 | Rhode Island | $124.4 million |
| 49 | North Dakota | $117.7 million |
| 50 | District of Columbia | $95.8 million |
| 51 | Vermont | $59 million |
| 52 | Puerto Rico | $55.5 million |
| 53 | Guam | $29.4 million |
| 54 | Virgin Islands | $6.9 million |
