Athens VA Loans

Athens, TX

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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 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.

    Athens's 69 lenders originated 216 VA loans during 2021. The total origination value was $54,140,000, with an average VA loan value of $250,648.

    Athens VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Athens averaged 5.35% for the week of 2022-08-05, compared to the national average (all VA variants) of 5.013% for the same period.

    The average rate for the prior week (2022-07-29) was 5.51% and one month ago for the week of 2022-07-01, the average rate was 5.73%.

    The average rate one year ago was 3.01%.

    For refis of the same type during the week of 2022-08-05, the average rate was 5.2%.

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

    Athens VA Loan Lenders by Rates & Fees

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

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    Mortgage Research Center, LLC 26 2.97% $6,169
    FREEDOM MORTGAGE CORPORATION 17 2.49% $3,045
    GUILD MORTGAGE COMPANY 8 2.73% $8,675
    Gateway First Bank 7 2.47% $5,223
    QUICKEN LOANS, LLC 7 2.68% $2,362
    VILLAGE CAPITAL & INVESTMENT LLC 7 2.46% $2,302
    CALIBER HOME LOANS, INC. 6 2.48% $2,009
    PENNYMAC LOAN SERVICES, LLC 6 2.60% $4,754
    USAA Federal Savings Bank 5 2.78% $2,604
    NEW DAY FINANCIAL, LLC 5 2.57% $5,234
    NAVY FEDERAL CREDIT UNION 5 2.58% $7,354
    Mr. Cooper ( Nationstar Mortgage ) 4 3.47% $7,680
    UNITED WHOLESALE MORTGAGE, LLC 4 2.45% $2,561
    CLEARPATH LENDING 4 2.50% $2,342
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 3.15% $5,398
    Hometown Lenders, Inc. 3 3.00% $15,142
    HOME POINT FINANCIAL CORPORATION 3 2.33% $4,927
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 3.17% $12,938
    Wells Fargo Bank 3 2.83% $2,943
    Low VA Rates, LLC 3 2.75% $2,667
    CMG MORTGAGE, INC. 3 2.88% $10,499
    LAKEVIEW LOAN SERVICING, LLC 2 2.62% $3,075
    AMERISAVE MORTGAGE CORPORATION 2 2.69% $5,977
    LOANDEPOT.COM, LLC 2 3.49% $5,124
    MORTGAGE FINANCIAL SERVICES, LLC 2 3.46% $7,318
    ASPIRE FINANCIAL, INC. 2 2.69% $4,385
    Carrington Mortgage Services, LLC 2 3.31% $45
    NEWREZ LLC 2 2.44% $5,873
    North American Savings Bank, F.S.B. 2 2.25% $4,906
    PENTAGON FEDERAL CREDIT UNION 2 2.25% $5,802
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.31% $7,056
    GREAT WESTERN FINANCIAL SERVICES, INC. 2 3.06% $4,925
    GUARANTEED RATE, INC. 2 2.94% $7,744
    UNION HOME MORTGAGE CORP. 2 3.00% $6,493
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 3.25% $11,608
    Barrington Bank & Trust Company, N.A. 2 2.63% $6,109
    COUNTRYPLACE MORTGAGE, LTD. 2 2.88% $10,150
    WILLOW BEND MORTGAGE COMPANY, LLC 1 2.88% $4,360
    ALTRA 1 2.25% $1,757
    AMCAP MORTGAGE, LTD. 1 3.13% $7,087
    AmeriHome Mortgage Company, LLC 1 3.50% $2,116
    Austin Bank, Texas 1 3.00% $5,296
    CANOPY MORTGAGE, LLC 1 2.75% $5,093
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.88% $4,759
    Commerce Home Mortgage, Inc. 1 3.88% $3,723
    CONTOUR MORTGAGE CORPORATION 1 2.25% $2,928
    CROSSCOUNTRY MORTGAGE, LLC 1 3.50% $9,211
    DRAPER AND KRAMER MORTGAGE CORP. 1 3.25% $15,415
    FBC MORTGAGE, LLC 1 2.25% $3,649
    FINANCE OF AMERICA MORTGAGE LLC 1 3.25% $3,655
    First Bank 1 3.13% $7,669
    First Guaranty Mortgage Corporation 1 2.75% $7,409
    First National Bank Texas 1 2.63% $12,115
    HOMESIDE FINANCIAL, LLC 1 2.50% $9,338
    KS StateBank 1 2.25% $2,435
    LEADERONE FINANCIAL CORPORATION 1 3.75% $4,212
    LHM FINANCIAL CORPORATION 1 2.88% $8,081
    MEMBER FIRST MORTGAGE, LLC 1 2.75% $37,082
    NATIONS RELIABLE LENDING, LLC 1 3.25% $12,172
    NBKC BANK 1 2.25% $9,814
    NTFN, INC. 1 3.25% $2,152
    Paramount Bank 1 2.25% $4,840
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 2.75% $11,369
    SFMC, LP 1 3.25% $22,389
    SOUTHWEST STAGE FUNDING, LLC 1 2.88% $0
    SUN WEST MORTGAGE COMPANY, INC. 1 2.25% $2,596
    Town Square Mortgage & Investments, Inc. 1 3.25% $3,672
    VAN DYK MORTGAGE CORPORATION 1 3.50% $1,976
    ACADEMY MORTGAGE CORPORATION 1 2.75% $11,992

    The top Athens VA lender as defined by loan originations is Mortgage Research Center, LLC, with 26 VA loans originated. Their average total fees are $6,169, which is $3,124 higher than the next largest lender, FREEDOM MORTGAGE CORPORATION.

    The lowest fee Athens VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION ($3,045), Mortgage Research Center, LLC ($6,169), .

    The lowest rate Athens VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION (2.49%), Mortgage Research Center, LLC (2.97%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $259,900 (2.5%) $407,882 (5.4%) 0.00 799
    2018-02-01 $267,450 (5.9%) $414,904 (10.2%) 0.00 813
    2018-03-01 $285,000 (7.3%) $412,864 (4.1%) 0.00 851
    2018-04-01 $289,500 (7.6%) $406,906 (1.9%) 0.00 894
    2018-05-01 $294,450 (8.3%) $419,778 (-0.3%) 0.00 911
    2018-06-01 $289,500 (4.5%) $421,818 (-0.4%) 0.00 972
    2018-07-01 $277,000 (-0.7%) $402,197 (-3.9%) 0.00 945
    2018-08-01 $260,900 (-1.3%) $381,195 (-8.0%) 0.00 963
    2018-09-01 $250,000 (-9.1%) $383,994 (-9.5%) 0.00 973
    2018-10-01 $246,950 (-7.5%) $379,175 (-7.5%) 0.00 973
    2018-11-01 $241,500 (-10.6%) $386,303 (-5.0%) 0.00 935
    2018-12-01 $239,000 (-10.8%) $387,755 (-3.9%) 0.00 914
    2019-01-01 $241,950 (-6.9%) $395,443 (-3.1%) 0.00 837
    2019-02-01 $254,900 (-4.7%) $393,308 (-5.2%) 0.00 853
    2019-03-01 $269,000 (-5.6%) $412,770 (0.0%) 0.00 788
    2019-04-01 $271,250 (-6.3%) $407,869 (0.2%) 0.00 822
    2019-05-01 $289,000 (-1.9%) $406,714 (-3.1%) 0.00 808
    2019-06-01 $295,500 (2.1%) $411,859 (-2.4%) 0.00 820
    2019-07-01 $279,950 (1.1%) $403,494 (0.3%) 0.00 807
    2019-08-01 $274,714 (5.3%) $408,370 (7.1%) 0.00 786
    2019-09-01 $269,450 (7.8%) $411,304 (7.1%) 0.00 774
    2019-10-01 $267,500 (8.3%) $416,752 (9.9%) 0.00 765
    2019-11-01 $265,000 (9.7%) $414,613 (7.3%) 0.00 724
    2019-12-01 $265,000 (10.9%) $385,255 (-0.6%) 0.00 686
    2020-01-01 $254,500 (5.2%) $388,590 (-1.7%) 0.00 623
    2020-02-01 $249,000 (-2.3%) $384,857 (-2.2%) 0.00 666
    2020-03-01 $244,500 (-9.1%) $379,346 (-8.1%) 0.00 700
    2020-04-01 $239,450 (-11.7%) $366,667 (-10.1%) 0.00 721
    2020-05-01 $242,000 (-16.3%) $397,456 (-2.3%) 0.00 632
    2020-06-01 $239,000 (-19.1%) $384,183 (-6.7%) 0.00 499
    2020-07-01 $234,450 (-16.3%) $391,072 (-3.1%) 0.00 461
    2020-08-01 $229,900 (-16.3%) $422,264 (3.4%) 0.00 452
    2020-09-01 $229,900 (-14.7%) $447,346 (8.8%) 0.00 447
    2020-10-01 $239,000 (-10.7%) $462,659 (11.0%) 0.00 449
    2020-11-01 $244,250 (-7.8%) $478,390 (15.4%) 0.00 467
    2020-12-01 $240,950 (-9.1%) $461,762 (19.9%) 0.00 449
    2021-01-01 $239,000 (-6.1%) $449,990 (15.8%) 0.00 407
    2021-02-01 $253,400 (1.8%) $485,870 (26.3%) 0.00 328
    2021-03-01 $282,500 (15.5%) $469,254 (23.7%) 0.00 285
    2021-04-01 $304,950 (27.4%) $490,269 (33.7%) 0.00 277
    2021-05-01 $332,000 (37.2%) $521,683 (31.3%) 0.00 272
    2021-06-01 $332,500 (39.1%) $592,593 (54.3%) 0.00 301
    2021-07-01 $344,500 (46.9%) $599,921 (53.4%) 0.00 364
    2021-08-01 $377,000 (64.0%) $590,393 (39.8%) 0.00 419
    2021-09-01 $359,999 (56.6%) $537,984 (20.3%) 0.00 441
    2021-10-01 $339,000 (41.8%) $534,793 (15.6%) 0.00 426
    2021-11-01 $349,500 (43.1%) $548,175 (14.6%) 0.00 401
    2021-12-01 $327,500 (35.9%) $533,201 (15.5%) 0.00 389
    2022-01-01 $327,900 (37.2%) $523,713 (16.4%) 0.00 342
    2022-02-01 $345,000 (36.2%) $611,179 (25.8%) 0.00 285
    2022-03-01 $399,000 (41.2%) $731,617 (55.9%) 0.00 282
    2022-04-01 $399,000 (30.8%) $733,580 (49.6%) 0.00 322
    2022-05-01 $404,250 (21.8%) $777,385 (49.0%) 0.00 411
    2022-06-01 $417,400 (25.5%) $776,545 (31.0%) 0.00 506
    Athens's median listing price for 2022-06-01 was $417,400, a difference of $84,900 (25.5%) versus the prior year and $13,150 versus the prior month.

    Athens's median listing price comes in at 0% of the national average.

    Athens's average listing price for 2022-06-01 was $776,545, a difference of $183,952 (31.0%) versus the prior year and $-840 versus the prior month.

    For the 2022-06-01 period, Athens had 506 MLS listings, a difference of 95 listings (23%) versus the prior month and 205 listings (68%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,015 sqft
    2018-02-01 0 days 1,986 sqft
    2018-03-01 0 days 2,017 sqft
    2018-04-01 0 days 2,037 sqft
    2018-05-01 0 days 2,064 sqft
    2018-06-01 0 days 2,050 sqft
    2018-07-01 0 days 2,048 sqft
    2018-08-01 0 days 2,000 sqft
    2018-09-01 0 days 1,924 sqft
    2018-10-01 0 days 1,908 sqft
    2018-11-01 0 days 1,941 sqft
    2018-12-01 0 days 1,894 sqft
    2019-01-01 0 days 1,894 sqft
    2019-02-01 0 days 1,918 sqft
    2019-03-01 0 days 1,988 sqft
    2019-04-01 0 days 1,971 sqft
    2019-05-01 0 days 2,037 sqft
    2019-06-01 0 days 2,067 sqft
    2019-07-01 0 days 2,014 sqft
    2019-08-01 0 days 1,980 sqft
    2019-09-01 0 days 1,947 sqft
    2019-10-01 0 days 1,983 sqft
    2019-11-01 0 days 1,950 sqft
    2019-12-01 0 days 1,937 sqft
    2020-01-01 0 days 1,912 sqft
    2020-02-01 0 days 1,888 sqft
    2020-03-01 0 days 1,858 sqft
    2020-04-01 0 days 1,847 sqft
    2020-05-01 0 days 1,850 sqft
    2020-06-01 0 days 1,850 sqft
    2020-07-01 0 days 1,848 sqft
    2020-08-01 0 days 1,848 sqft
    2020-09-01 0 days 1,845 sqft
    2020-10-01 0 days 1,831 sqft
    2020-11-01 0 days 1,809 sqft
    2020-12-01 0 days 1,773 sqft
    2021-01-01 0 days 1,775 sqft
    2021-02-01 0 days 1,843 sqft
    2021-03-01 0 days 1,864 sqft
    2021-04-01 0 days 1,970 sqft
    2021-05-01 0 days 1,972 sqft
    2021-06-01 0 days 1,965 sqft
    2021-07-01 0 days 1,934 sqft
    2021-08-01 0 days 1,910 sqft
    2021-09-01 0 days 1,878 sqft
    2021-10-01 0 days 1,862 sqft
    2021-11-01 0 days 1,854 sqft
    2021-12-01 0 days 1,800 sqft
    2022-01-01 0 days 1,810 sqft
    2022-02-01 0 days 1,897 sqft
    2022-03-01 0 days 1,901 sqft
    2022-04-01 0 days 1,931 sqft
    2022-05-01 0 days 1,989 sqft
    2022-06-01 0 days 1,959 sqft
    Athens's median listing age (time on market) for 2022-06-01 was 0 days.

    Athens's median square footage for active listings during the 2022-06-01 period was 1,959 sqft. One year prior, the average listing was 1,965 sqft.

    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.