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 42 lenders originated 102 VA loans during 2023. The total origination value was $29,850,000, with an average VA loan value of $292,647.

    Athens VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Athens averaged 6.6% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Athens's average VA mortgage closing costs are $5,951.

    The average rate for the prior week (2024-12-06) was 6.34% and one month ago for the week of 2024-11-08, the average rate was 6.93%.

    The average rate one year ago was 7.18%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.3%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 29 6.50% $7,891
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.71% $6,916
    NAVY FEDERAL CREDIT UNION 6 5.69% $5,918
    GUILD MORTGAGE COMPANY 6 6.07% $7,275
    DHI MORTGAGE COMPANY, LTD. 4 6.25% $9,617
    GUARANTEED RATE, INC. 4 6.16% $6,160
    ZILLOW HOME LOANS, LLC 2 5.94% $5,782
    CMG MORTGAGE, INC. 2 6.75% $9,203
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.75% $11,468
    Mr. Cooper ( Nationstar Mortgage ) 2 5.88% $13,212
    PENNYMAC LOAN SERVICES, LLC 2 5.25% $3,542
    Prosperity Home Mortgage, LLC 2 6.38% $5,856
    TIB The Independent Bankersbank 2 6.19% $6,091
    Town Square Mortgage & Investments, Inc. 2 6.94% $2,122
    UNITED WHOLESALE MORTGAGE, LLC 2 6.49% $2,954
    BancorpSouth 1 6.63% $4,280
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 4.85% $2,524
    HALLMARK HOME MORTGAGE, LLC 1 6.75% $8,757
    INTEGRITY MORTGAGE CORPORATION OF TEXAS 1 5.75% $13,580
    LOANDEPOT.COM, LLC 1 7.13% $14,648
    Mid-Continent Funding, Inc. 1 6.75% $6,550
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.75% $400
    USAA Federal Savings Bank 1 6.75% $9,258
    WILLOW BEND MORTGAGE COMPANY, LLC 1 6.35% $7,513
    AMERICAN FINANCIAL NETWORK, INC. 1 7.13% $3,070
    NBKC BANK 1 6.25% $6,699
    NEWREZ LLC 1 5.63% $8,316
    Trinity Oaks Mortgage, LLC 1 7.25% $11,047
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.25% $16,226
    AMCAP MORTGAGE, LTD. 1 6.99% $4,715
    QUICKEN LOANS, LLC 1 5.49% $9,824
    SENTE MORTGAGE, INC. 1 7.75% $9,653
    SFMC, LP 1 6.13% $10,190
    Sunflower Bank 1 6.49% $8,793
    The Federal Savings Bank 1 6.75% $9,701
    CARDINAL FINANCIAL 1 7.25% $19,708
    Equity Prime Mortgage LLC 1 6.25% $3,253
    Barrington Bank & Trust Company, N.A. 1 5.13% $2,913
    Farmers Bank & Trust 1 5.63% $3,390
    FREEDOM MORTGAGE CORPORATION 1 7.25% $7,183
    Gateway First Bank 1 5.50% $6,568
    GUARANTEED RATE AFFINITY, LLC 1 6.20% $6,836

    The top Athens VA lender as defined by loan originations is Mortgage Research Center, LLC, with 29 VA loans originated. Their average total fees are $7,891, which is $975 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Athens VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,891), .

    The lowest rate Athens VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.50%), .

    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 $259,250 (8.5%) $425,705 (12.8%) 0.00 518
    2018-02-01 $267,450 (11.7%) $437,826 (19.0%) 0.00 528
    2018-03-01 $285,000 (13.0%) $434,398 (14.1%) 0.00 521
    2018-04-01 $287,000 (14.8%) $435,692 (14.4%) 0.00 553
    2018-05-01 $297,700 (17.0%) $445,068 (12.0%) 0.00 558
    2018-06-01 $289,000 (11.5%) $448,028 (13.9%) 0.00 587
    2018-07-01 $275,000 (10.0%) $422,609 (8.8%) 0.00 571
    2018-08-01 $249,950 (-2.4%) $392,860 (-3.1%) 0.00 600
    2018-09-01 $241,500 (-10.2%) $398,384 (-2.4%) 0.00 605
    2018-10-01 $229,000 (-12.9%) $396,857 (-5.9%) 0.00 606
    2018-11-01 $225,000 (-15.4%) $404,436 (-2.9%) 0.00 577
    2018-12-01 $219,900 (-15.1%) $409,161 (0.8%) 0.00 570
    2019-01-01 $222,500 (-14.2%) $419,662 (-1.4%) 0.00 523
    2019-02-01 $234,000 (-12.5%) $409,052 (-6.6%) 0.00 496
    2019-03-01 $253,050 (-11.2%) $422,973 (-2.6%) 0.00 502
    2019-04-01 $258,725 (-9.9%) $421,429 (-3.3%) 0.00 526
    2019-05-01 $272,000 (-8.6%) $412,975 (-7.2%) 0.00 507
    2019-06-01 $275,000 (-4.8%) $414,018 (-7.6%) 0.00 518
    2019-07-01 $269,125 (-2.1%) $409,655 (-3.1%) 0.00 530
    2019-08-01 $263,973 (5.6%) $412,646 (5.0%) 0.00 535
    2019-09-01 $256,057 (6.0%) $411,871 (3.4%) 0.00 532
    2019-10-01 $257,830 (12.6%) $424,784 (7.0%) 0.00 510
    2019-11-01 $258,300 (14.8%) $432,073 (6.8%) 0.00 481
    2019-12-01 $249,125 (13.3%) $384,653 (-6.0%) 0.00 464
    2020-01-01 $238,944 (7.4%) $392,964 (-6.4%) 0.00 422
    2020-02-01 $232,627 (-0.6%) $375,641 (-8.2%) 0.00 441
    2020-03-01 $234,325 (-7.4%) $379,692 (-10.2%) 0.00 453
    2020-04-01 $230,325 (-11.0%) $365,648 (-13.2%) 0.00 467
    2020-05-01 $234,900 (-13.6%) $413,327 (0.1%) 0.00 419
    2020-06-01 $228,675 (-16.9%) $410,018 (-1.0%) 0.00 335
    2020-07-01 $225,000 (-16.4%) $412,576 (0.7%) 0.00 310
    2020-08-01 $229,000 (-13.3%) $452,460 (9.7%) 0.00 309
    2020-09-01 $227,000 (-11.4%) $469,135 (13.9%) 0.00 311
    2020-10-01 $232,250 (-9.9%) $482,817 (13.7%) 0.00 331
    2020-11-01 $237,500 (-8.1%) $498,632 (15.4%) 0.00 340
    2020-12-01 $231,100 (-7.2%) $479,820 (24.7%) 0.00 318
    2021-01-01 $228,700 (-4.3%) $459,328 (16.9%) 0.00 292
    2021-02-01 $244,200 (5.0%) $491,851 (30.9%) 0.00 247
    2021-03-01 $264,800 (13.0%) $461,792 (21.6%) 0.00 216
    2021-04-01 $277,269 (20.4%) $486,327 (33.0%) 0.00 214
    2021-05-01 $288,875 (23.0%) $513,728 (24.3%) 0.00 221
    2021-06-01 $294,099 (28.6%) $582,928 (42.2%) 0.00 238
    2021-07-01 $299,500 (33.1%) $575,139 (39.4%) 0.00 278
    2021-08-01 $352,000 (53.7%) $581,386 (28.5%) 0.00 304
    2021-09-01 $312,450 (37.6%) $540,131 (15.1%) 0.00 322
    2021-10-01 $320,000 (37.8%) $548,454 (13.6%) 0.00 282
    2021-11-01 $309,574 (30.4%) $545,779 (9.5%) 0.00 279
    2021-12-01 $304,248 (31.7%) $524,570 (9.3%) 0.00 269
    2022-01-01 $304,428 (33.1%) $515,353 (12.2%) 0.00 246
    2022-02-01 $342,225 (40.1%) $605,127 (23.0%) 0.00 196
    2022-03-01 $378,600 (43.0%) $706,502 (53.0%) 0.00 205
    2022-04-01 $375,000 (35.3%) $704,657 (44.9%) 0.00 230
    2022-05-01 $382,000 (32.2%) $739,436 (43.9%) 0.00 279
    2022-06-01 $385,250 (31.0%) $770,261 (32.1%) 0.00 353
    2022-07-01 $399,000 (33.2%) $771,343 (34.1%) 0.00 423
    2022-08-01 $386,188 (9.7%) $745,296 (28.2%) 0.00 479
    2022-09-01 $394,250 (26.2%) $755,395 (39.9%) 0.00 492
    2022-10-01 $379,800 (18.7%) $728,274 (32.8%) 0.00 494
    2022-11-01 $370,750 (19.8%) $714,513 (30.9%) 0.00 536
    2022-12-01 $379,000 (24.6%) $732,897 (39.7%) 0.00 488
    2023-01-01 $378,250 (24.3%) $716,545 (39.0%) 0.00 441
    2023-02-01 $385,000 (12.5%) $719,971 (19.0%) 0.00 460
    2023-03-01 $390,000 (3.0%) $727,109 (2.9%) 0.00 498
    2023-04-01 $391,000 (4.3%) $713,421 (1.2%) 0.00 558
    2023-05-01 $395,656 (3.6%) $738,231 (-0.2%) 0.00 609
    2023-06-01 $402,475 (4.5%) $799,054 (3.7%) 0.00 636
    2023-07-01 $412,000 (3.3%) $813,951 (5.5%) 0.00 661
    2023-08-01 $399,450 (3.4%) $759,410 (1.9%) 0.00 699
    2023-09-01 $389,000 (-1.3%) $712,062 (-5.7%) 0.00 677
    2023-10-01 $349,500 (-8.0%) $680,882 (-6.5%) 0.00 708
    2023-11-01 $349,600 (-5.7%) $659,514 (-7.7%) 0.00 702
    2023-12-01 $330,000 (-12.9%) $612,437 (-16.4%) 0.00 693
    2024-01-01 $321,498 (-15.0%) $639,403 (-10.8%) 0.00 666
    2024-02-01 $322,998 (-16.1%) $661,870 (-8.1%) 0.00 691
    2024-03-01 $364,900 (-6.4%) $694,847 (-4.4%) 0.00 742
    2024-04-01 $363,425 (-7.1%) $703,121 (-1.4%) 0.00 789
    2024-05-01 $375,000 (-5.2%) $718,402 (-2.7%) 0.00 791
    2024-06-01 $372,750 (-7.4%) $695,666 (-12.9%) 0.00 811
    2024-07-01 $381,500 (-7.4%) $695,220 (-14.6%) 0.00 839
    2024-08-01 $375,000 (-6.1%) $693,698 (-8.7%) 0.00 830
    2024-09-01 $364,125 (-6.4%) $692,610 (-2.7%) 0.00 848
    2024-10-01 $359,450 (2.9%) $679,867 (-0.2%) 0.00 828
    2024-11-01 $350,000 (0.1%) $670,765 (1.7%) 0.00 790
    Athens's median listing price for 2024-11-01 was $350,000, a difference of $400 (0.1%) versus the prior year and $-9,450 versus the prior month.

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

    Athens's average listing price for 2024-11-01 was $670,765, a difference of $11,251 (1.7%) versus the prior year and $-9,102 versus the prior month.

    For the 2024-11-01 period, Athens had 790 MLS listings, a difference of -38 listings (-5%) versus the prior month and 88 listings (13%) 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 1,960 sqft
    2018-03-01 0 days 1,997 sqft
    2018-04-01 0 days 2,000 sqft
    2018-05-01 0 days 2,001 sqft
    2018-06-01 0 days 2,000 sqft
    2018-07-01 0 days 1,964 sqft
    2018-08-01 0 days 1,909 sqft
    2018-09-01 0 days 1,831 sqft
    2018-10-01 0 days 1,809 sqft
    2018-11-01 0 days 1,796 sqft
    2018-12-01 0 days 1,773 sqft
    2019-01-01 0 days 1,800 sqft
    2019-02-01 0 days 1,835 sqft
    2019-03-01 0 days 1,901 sqft
    2019-04-01 0 days 1,902 sqft
    2019-05-01 0 days 1,952 sqft
    2019-06-01 0 days 1,944 sqft
    2019-07-01 0 days 1,924 sqft
    2019-08-01 0 days 1,911 sqft
    2019-09-01 0 days 1,876 sqft
    2019-10-01 0 days 1,895 sqft
    2019-11-01 0 days 1,888 sqft
    2019-12-01 0 days 1,869 sqft
    2020-01-01 0 days 1,848 sqft
    2020-02-01 0 days 1,822 sqft
    2020-03-01 0 days 1,819 sqft
    2020-04-01 0 days 1,804 sqft
    2020-05-01 0 days 1,824 sqft
    2020-06-01 0 days 1,821 sqft
    2020-07-01 0 days 1,814 sqft
    2020-08-01 0 days 1,816 sqft
    2020-09-01 0 days 1,779 sqft
    2020-10-01 0 days 1,742 sqft
    2020-11-01 0 days 1,728 sqft
    2020-12-01 0 days 1,691 sqft
    2021-01-01 0 days 1,685 sqft
    2021-02-01 0 days 1,744 sqft
    2021-03-01 0 days 1,744 sqft
    2021-04-01 0 days 1,736 sqft
    2021-05-01 0 days 1,750 sqft
    2021-06-01 0 days 1,794 sqft
    2021-07-01 0 days 1,813 sqft
    2021-08-01 0 days 1,859 sqft
    2021-09-01 0 days 1,782 sqft
    2021-10-01 0 days 1,826 sqft
    2021-11-01 0 days 1,781 sqft
    2021-12-01 0 days 1,754 sqft
    2022-01-01 0 days 1,760 sqft
    2022-02-01 0 days 1,868 sqft
    2022-03-01 0 days 1,852 sqft
    2022-04-01 0 days 1,868 sqft
    2022-05-01 0 days 1,902 sqft
    2022-06-01 0 days 1,850 sqft
    2022-07-01 0 days 1,900 sqft
    2022-08-01 0 days 1,892 sqft
    2022-09-01 0 days 1,899 sqft
    2022-10-01 0 days 1,870 sqft
    2022-11-01 0 days 1,834 sqft
    2022-12-01 0 days 1,862 sqft
    2023-01-01 0 days 1,877 sqft
    2023-02-01 0 days 1,869 sqft
    2023-03-01 0 days 1,900 sqft
    2023-04-01 0 days 1,900 sqft
    2023-05-01 0 days 1,906 sqft
    2023-06-01 0 days 1,955 sqft
    2023-07-01 0 days 1,956 sqft
    2023-08-01 0 days 1,917 sqft
    2023-09-01 0 days 1,871 sqft
    2023-10-01 0 days 1,865 sqft
    2023-11-01 0 days 1,857 sqft
    2023-12-01 0 days 1,827 sqft
    2024-01-01 0 days 1,804 sqft
    2024-02-01 0 days 1,810 sqft
    2024-03-01 0 days 1,848 sqft
    2024-04-01 0 days 1,845 sqft
    2024-05-01 0 days 1,869 sqft
    2024-06-01 0 days 1,890 sqft
    2024-07-01 0 days 1,893 sqft
    2024-08-01 0 days 1,904 sqft
    2024-09-01 0 days 1,903 sqft
    2024-10-01 0 days 1,888 sqft
    2024-11-01 0 days 1,902 sqft
    Athens's median listing age (time on market) for 2024-11-01 was 0 days.

    Athens's median square footage for active listings during the 2024-11-01 period was 1,902 sqft. One year prior, the average listing was 1,857 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.