Athens VA Loan Rates, Closing Costs & Stats

Athens, TX

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.