Athens VA Loan Rates, Closing Costs & Stats

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 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.

    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 0.34% for the week of 2022-11-25, compared to the national average (all VA variants) of 0% for the same period.

    Athens's average VA mortgage closing costs are $5,326.

    The average rate for the prior week (2022-11-18) was 6.73% and one month ago for the week of 2022-10-21, the average rate was 7.17%.

    The average rate one year ago was 3.66%.

    For refis of the same type during the week of 2022-11-25, the average rate was 0.09%.

    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/closing costs 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. Closing Costs
    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 MORTGAGE 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 $255,250 (6.6%) $427,201 (12.5%) 0.00 502
    2018-02-01 $264,450 (10.2%) $439,852 (18.8%) 0.00 514
    2018-03-01 $284,700 (13.0%) $437,550 (14.3%) 0.00 505
    2018-04-01 $282,500 (13.0%) $436,118 (13.9%) 0.00 538
    2018-05-01 $294,975 (15.9%) $447,420 (12.2%) 0.00 544
    2018-06-01 $285,000 (9.7%) $449,842 (14.1%) 0.00 576
    2018-07-01 $274,500 (6.8%) $420,900 (8.0%) 0.00 561
    2018-08-01 $249,900 (-2.8%) $392,501 (-3.4%) 0.00 590
    2018-09-01 $243,000 (-8.3%) $400,919 (-1.7%) 0.00 587
    2018-10-01 $233,425 (-10.7%) $399,162 (-5.2%) 0.00 587
    2018-11-01 $225,000 (-13.3%) $406,923 (-2.2%) 0.00 560
    2018-12-01 $225,000 (-10.5%) $412,158 (1.6%) 0.00 553
    2019-01-01 $225,000 (-11.9%) $421,969 (-1.2%) 0.00 507
    2019-02-01 $231,000 (-12.7%) $407,701 (-7.3%) 0.00 486
    2019-03-01 $249,714 (-12.3%) $424,257 (-3.0%) 0.00 493
    2019-04-01 $251,875 (-10.8%) $419,744 (-3.8%) 0.00 516
    2019-05-01 $266,750 (-9.6%) $410,853 (-8.2%) 0.00 498
    2019-06-01 $275,000 (-3.5%) $411,081 (-8.6%) 0.00 506
    2019-07-01 $264,500 (-3.6%) $410,441 (-2.5%) 0.00 517
    2019-08-01 $260,000 (4.0%) $414,239 (5.5%) 0.00 519
    2019-09-01 $253,250 (4.2%) $414,507 (3.4%) 0.00 515
    2019-10-01 $254,700 (9.1%) $428,354 (7.3%) 0.00 493
    2019-11-01 $258,300 (14.8%) $435,236 (7.0%) 0.00 459
    2019-12-01 $249,800 (11.0%) $389,897 (-5.4%) 0.00 444
    2020-01-01 $239,225 (6.3%) $398,952 (-5.5%) 0.00 404
    2020-02-01 $230,000 (-0.4%) $379,885 (-6.8%) 0.00 419
    2020-03-01 $232,225 (-7.0%) $381,059 (-10.2%) 0.00 437
    2020-04-01 $228,575 (-9.3%) $365,715 (-12.9%) 0.00 451
    2020-05-01 $229,000 (-14.2%) $415,126 (1.0%) 0.00 407
    2020-06-01 $220,500 (-19.8%) $413,110 (0.5%) 0.00 317
    2020-07-01 $218,125 (-17.5%) $415,581 (1.3%) 0.00 294
    2020-08-01 $220,750 (-15.1%) $452,568 (9.3%) 0.00 299
    2020-09-01 $219,575 (-13.3%) $476,268 (14.9%) 0.00 292
    2020-10-01 $230,000 (-9.7%) $514,481 (20.1%) 0.00 290
    2020-11-01 $243,500 (-5.7%) $528,570 (21.4%) 0.00 305
    2020-12-01 $236,043 (-5.5%) $509,942 (30.8%) 0.00 283
    2021-01-01 $230,000 (-3.9%) $486,454 (21.9%) 0.00 255
    2021-02-01 $243,450 (5.9%) $528,712 (39.2%) 0.00 209
    2021-03-01 $279,350 (20.3%) $497,319 (30.5%) 0.00 179
    2021-04-01 $305,000 (33.4%) $524,578 (43.4%) 0.00 180
    2021-05-01 $332,000 (45.0%) $562,601 (35.5%) 0.00 185
    2021-06-01 $338,500 (53.5%) $630,078 (52.5%) 0.00 204
    2021-07-01 $350,000 (60.5%) $614,779 (47.9%) 0.00 242
    2021-08-01 $399,450 (81.0%) $624,447 (38.0%) 0.00 269
    2021-09-01 $353,250 (60.9%) $570,492 (19.8%) 0.00 287
    2021-10-01 $329,000 (43.0%) $567,712 (10.4%) 0.00 271
    2021-11-01 $327,250 (34.4%) $563,140 (6.5%) 0.00 256
    2021-12-01 $299,325 (26.8%) $537,531 (5.4%) 0.00 247
    2022-01-01 $310,000 (34.8%) $520,322 (7.0%) 0.00 229
    2022-02-01 $345,950 (42.1%) $622,542 (17.8%) 0.00 183
    2022-03-01 $399,000 (42.8%) $724,371 (45.7%) 0.00 191
    2022-04-01 $382,500 (25.4%) $719,374 (37.1%) 0.00 218
    2022-05-01 $393,750 (18.6%) $759,722 (35.0%) 0.00 262
    2022-06-01 $398,500 (17.7%) $795,111 (26.2%) 0.00 332
    2022-07-01 $399,900 (14.3%) $787,812 (28.2%) 0.00 403
    2022-08-01 $389,450 (-2.5%) $760,720 (21.8%) 0.00 456
    2022-09-01 $394,562 (11.7%) $771,203 (35.2%) 0.00 469
    2022-10-01 $385,000 (17.0%) $743,686 (31.0%) 0.00 469
    Athens's median listing price for 2022-10-01 was $385,000, a difference of $56,000 (17.0%) versus the prior year and $-9,562 versus the prior month.

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

    Athens's average listing price for 2022-10-01 was $743,686, a difference of $175,974 (31.0%) versus the prior year and $-27,517 versus the prior month.

    For the 2022-10-01 period, Athens had 469 MLS listings, a difference of 0 listings (0%) versus the prior month and 198 listings (73%) 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 1,979 sqft
    2018-02-01 0 days 1,957 sqft
    2018-03-01 0 days 1,992 sqft
    2018-04-01 0 days 1,995 sqft
    2018-05-01 0 days 2,000 sqft
    2018-06-01 0 days 2,000 sqft
    2018-07-01 0 days 1,949 sqft
    2018-08-01 0 days 1,907 sqft
    2018-09-01 0 days 1,834 sqft
    2018-10-01 0 days 1,822 sqft
    2018-11-01 0 days 1,800 sqft
    2018-12-01 0 days 1,786 sqft
    2019-01-01 0 days 1,808 sqft
    2019-02-01 0 days 1,839 sqft
    2019-03-01 0 days 1,902 sqft
    2019-04-01 0 days 1,902 sqft
    2019-05-01 0 days 1,947 sqft
    2019-06-01 0 days 1,942 sqft
    2019-07-01 0 days 1,915 sqft
    2019-08-01 0 days 1,909 sqft
    2019-09-01 0 days 1,875 sqft
    2019-10-01 0 days 1,896 sqft
    2019-11-01 0 days 1,886 sqft
    2019-12-01 0 days 1,867 sqft
    2020-01-01 0 days 1,849 sqft
    2020-02-01 0 days 1,822 sqft
    2020-03-01 0 days 1,816 sqft
    2020-04-01 0 days 1,801 sqft
    2020-05-01 0 days 1,824 sqft
    2020-06-01 0 days 1,814 sqft
    2020-07-01 0 days 1,796 sqft
    2020-08-01 0 days 1,800 sqft
    2020-09-01 0 days 1,769 sqft
    2020-10-01 0 days 1,782 sqft
    2020-11-01 0 days 1,780 sqft
    2020-12-01 0 days 1,749 sqft
    2021-01-01 0 days 1,742 sqft
    2021-02-01 0 days 1,841 sqft
    2021-03-01 0 days 1,867 sqft
    2021-04-01 0 days 1,969 sqft
    2021-05-01 0 days 1,970 sqft
    2021-06-01 0 days 1,968 sqft
    2021-07-01 0 days 1,958 sqft
    2021-08-01 0 days 1,950 sqft
    2021-09-01 0 days 1,861 sqft
    2021-10-01 0 days 1,861 sqft
    2021-11-01 0 days 1,827 sqft
    2021-12-01 0 days 1,766 sqft
    2022-01-01 0 days 1,784 sqft
    2022-02-01 0 days 1,897 sqft
    2022-03-01 0 days 1,879 sqft
    2022-04-01 0 days 1,900 sqft
    2022-05-01 0 days 1,943 sqft
    2022-06-01 0 days 1,885 sqft
    2022-07-01 0 days 1,928 sqft
    2022-08-01 0 days 1,929 sqft
    2022-09-01 0 days 1,926 sqft
    2022-10-01 0 days 1,902 sqft
    Athens's median listing age (time on market) for 2022-10-01 was 0 days.

    Athens's median square footage for active listings during the 2022-10-01 period was 1,902 sqft. One year prior, the average listing was 1,861 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.