Veterans United Analysis Identifies $41 Billion in Untapped VA Loan Volume
A new analysis by Veterans United Home Loans reveals that approximately 83,100 VA loans, representing $41 billion in potential volume, went untapped across U.S. metro areas last year. Despite VA loans growing to account for over 10% of the mortgage market in 2025, utilization rates remain significantly lower than expected when compared to local Veteran populations. The study highlights a widening gap between potential and actual loan originations, increasing from $37.9 billion in 2024. Major metropolitan areas such as New York, Philadelphia, and Chicago show the highest levels of untapped volume. Experts suggest that misconceptions regarding VA loans among service members, sellers, and agents may be contributing to this underutilization despite the benefit's zero-down payment advantage.