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Friday, September 5, 2025

Number of VA loans issued in North Dakota increased by 15% from Q4 2023 to Q4 2024

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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

The U.S. Department of Veterans Affairs (VA) issued 329 home loans in North Dakota, totaling $99.1 million, during the fourth quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.

In the same quarter of the previous year, North Dakota issued 286 home loans, totaling $83.3 million.

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.

VA Home Loans in North Dakota (Q4 2023 vs. Q4 2024)
QuarterNumber of LoansTotal Loan Amount
Q4 2024329$99.1 million
Q4 2023286$83.3 million

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