Albertville VA Loan Rates, Closing Costs & Stats

Albertville, AL

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    • A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

    The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

    For additional benefits of VA loans, click here.

    Albertville's 53 lenders originated 197 VA loans during 2024. The total origination value was $58,955,000, with an average VA loan value of $299,264.

    Albertville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Albertville averaged 0.4% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Albertville's average VA mortgage closing costs are $5,627.

    The average rate for the prior week (2025-06-27) was 6.73% and one month ago for the week of 2025-05-30, the average rate was 6.56%.

    The average rate one year ago was 6.68%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.43%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Albertville VA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Albertville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 26 6.42% $4,070
    UNITED WHOLESALE MORTGAGE, LLC 18 6.09% $6,043
    CANOPY MORTGAGE, LLC 10 6.11% $8,870
    QUICKEN LOANS, LLC 8 6.07% $10,410
    REDSTONE Federal Credit Union 7 6.27% $6,836
    VILLAGE CAPITAL MORTGAGE 6 5.41% $7,035
    FREEDOM MORTGAGE CORPORATION 6 6.04% $5,347
    NEWREZ LLC 6 5.75% $8,738
    FirstBank 4 6.44% $4,610
    MOVEMENT MORTGAGE, LLC 4 6.78% $7,928
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.75% $5,107
    UNION HOME MORTGAGE CORP. 4 6.09% $10,257
    TOWNE MORTGAGE COMPANY 4 5.97% $11,842
    TJC Mortgage, Inc. 4 6.56% $8,021
    The Federal Savings Bank 4 6.66% $15,112
    Renasant Bank 4 6.19% $5,908
    LAKEVIEW LOAN SERVICING, LLC 4 6.00% $5,449
    NAVY FEDERAL CREDIT UNION 4 5.56% $4,376
    NEW DAY FINANCIAL, LLC 4 7.68% $11,284
    PENNYMAC LOAN SERVICES, LLC 4 5.47% $8,724
    Victorian Finance, LLC 3 6.83% $6,756
    USAA Federal Savings Bank 3 6.13% $6,489
    Plains Commerce Bank 2 6.38% $4,470
    BROKER SOLUTIONS, INC. 2 6.37% $8,056
    FIRST COLONY MORTGAGE CORPORATION 2 6.06% $4,486
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 8.00% $0
    PLANET HOME LENDING, LLC 2 5.99% $4,265
    Regions Bank 2 6.06% $6,588
    STOCKTON MORTGAGE CORPORATION 2 6.00% $3,005
    Magnolia Bank 1 5.25% $7,618
    LOANFLIGHT LENDING, LLC 1 5.13% $3,906
    PENTAGON FEDERAL CREDIT UNION 1 5.63% $5,481
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.25% $10
    First United Bank and Trust Company 1 6.50% $5,004
    PREMIER LENDING, INC. 1 6.75% $31,470
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $1,289
    Prosperity Home Mortgage, LLC 1 6.88% $17,508
    LOANDEPOT.COM, LLC 1 6.99% $12,483
    LEADERONE FINANCIAL CORPORATION 1 7.75% $8,186
    FIRST COMMUNITY MORTGAGE, INC. 1 6.88% $7,383
    RELIANCE FIRST CAPITAL, LLC 1 5.88% $7,847
    HOMESIDE FINANCIAL, LLC 1 7.13% $15,770
    ROYAL UNITED MORTGAGE LLC 1 6.25% $10,230
    Consumer First Mortgage, Inc. 1 6.25% $11,935
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.50% $6,697
    Hamilton Mortgage Corporation 1 6.75% $4,898
    GUILD MORTGAGE COMPANY 1 6.63% $3,936
    GUARANTEED RATE, INC. 1 6.25% $9,220
    GUARANTEED RATE AFFINITY, LLC 1 5.65% $95
    GMFS LLC 1 6.25% $3,253
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.50% $12,531
    NBKC BANK 1 5.63% $1,187
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $16,226

    The top Albertville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 26 VA loans originated. Their average total fees are $4,070, which is $1,973 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Albertville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,070), UNITED WHOLESALE MORTGAGE, LLC ($6,043), CANOPY MORTGAGE, LLC ($8,870), .

    The lowest rate Albertville VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.09%), CANOPY MORTGAGE, LLC (6.11%), Mortgage Research Center, LLC (6.42%), .

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.