Atlantic City VA Loan Rates, Closing Costs & Stats

ATLANTIC CITY-HAMMONTON, NJ

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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.

    Atlantic City's 54 lenders originated 243 VA loans during 2024. The total origination value was $84,975,000, with an average VA loan value of $349,691.

    Atlantic City VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Atlantic City averaged 6.92% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Atlantic City's average VA mortgage closing costs are $7,140.

    The average rate for the prior week (2025-05-16) was 6.8% and one month ago for the week of 2025-04-18, the average rate was 6.77%.

    The average rate one year ago was 7.19%.

    For refis of the same type during the week of 2025-05-23, the average rate was 7%.

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

    Atlantic City 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 Atlantic City level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 28 6.54% $6,084
    UNITED WHOLESALE MORTGAGE, LLC 18 6.10% $14,852
    QUICKEN LOANS, LLC 15 6.07% $12,062
    FREEDOM MORTGAGE CORPORATION 13 6.19% $10,938
    GREENTREE MORTGAGE COMPANY, L.P. 11 6.26% $9,388
    VILLAGE CAPITAL MORTGAGE 10 5.77% $8,528
    AFFORDABLE MORTGAGE ADVISORS, LLC. 9 6.35% $7,570
    NATION ONE MORTGAGE CORPORATION 9 6.82% $8,912
    CROSSCOUNTRY MORTGAGE, LLC 8 6.53% $11,047
    UNION HOME MORTGAGE CORP. 8 6.69% $12,756
    NAVY FEDERAL CREDIT UNION 7 6.04% $9,581
    NEW DAY FINANCIAL, LLC 7 7.74% $12,942
    Advisors Mortgage Group, L.L.C. 7 6.77% $9,666
    PENNYMAC LOAN SERVICES, LLC 6 5.48% $8,716
    LOANDEPOT.COM, LLC 6 6.18% $15,756
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 5 6.85% $10,753
    NEWREZ LLC 5 6.23% $8,499
    NFM, INC. 5 6.40% $12,953
    PLANET HOME LENDING, LLC 5 5.87% $4,582
    Wells Fargo Bank 3 6.04% $8,560
    The Federal Savings Bank 3 6.92% $11,681
    DHI MORTGAGE COMPANY, LTD. 3 6.38% $13,961
    Prosperity Home Mortgage, LLC 3 6.46% $13,108
    1st Colonial Community Bank 2 6.31% $6,943
    ABSOLUTE HOME MORTGAGE CORPORATION 2 6.31% $11,343
    Citizens Bank 2 6.06% $9,656
    Equity Prime Mortgage LLC 2 7.13% $15,216
    FIRST ALLIANCE HOME MORTGAGE, LLC 2 6.50% $8,212
    Flagstar Bank, FSB 2 5.88% $11,040
    Gateway First Bank 2 6.31% $4,441
    LOANPAL, LLC 2 5.81% $14,155
    MOVEMENT MORTGAGE, LLC 2 6.75% $13,907
    SUN WEST MORTGAGE COMPANY, INC. 2 6.50% $4,903
    NETWORK CAPITAL FUNDING CORPORATION 1 6.00% $22,246
    NATIONS DIRECT MORTGAGE, LLC 1 6.25% $15,890
    Mr. Cooper ( Nationstar Mortgage ) 1 6.50% $12,906
    Meridian Bank Corporation 1 7.25% $10,016
    OceanFirst Bank 1 6.00% $3,788
    Paramount Residential Mortgage Group, Inc. 1 6.63% $14,372
    LAKEVIEW LOAN SERVICING, LLC 1 6.13% $17,225
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $6,195
    JPMorgan Chase Bank 1 5.25% $4,799
    Princeton Mortgage Corporation 1 5.75% $13,658
    GUARANTEED RATE, INC. 1 6.25% $9,520
    GENEVA FINANCIAL, LLC 1 6.75% $17,479
    AMERICAN FINANCING CORPORATION 1 5.88% $17,114
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $15,311
    EMM LOANS LLC 1 6.00% $4,234
    UNITED MORTGAGE CORP 1 7.25% $29,027
    CLEARPATH LENDING 1 5.25% $18,341
    USAA Federal Savings Bank 1 6.25% $5,231
    U.S. Bank 1 6.63% $4,062
    AMERISAVE MORTGAGE CORPORATION 1 6.75% $22,761
    NBKC BANK 1 5.63% $19,994

    The top Atlantic City VA lender as defined by loan originations is Mortgage Research Center, LLC, with 28 VA loans originated. Their average total fees are $6,084, which is $8,767 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Atlantic City VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,084), VILLAGE CAPITAL MORTGAGE ($8,528), GREENTREE MORTGAGE COMPANY, L.P. ($9,388), FREEDOM MORTGAGE CORPORATION ($10,938) and QUICKEN LOANS, LLC ($12,062).

    The lowest rate Atlantic City VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (5.77%), QUICKEN LOANS, LLC (6.07%), UNITED WHOLESALE MORTGAGE, LLC (6.10%), FREEDOM MORTGAGE CORPORATION (6.19%) and GREENTREE MORTGAGE COMPANY, L.P. (6.26%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Atlantic City (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 $289,800 (3.7%) $534,582 (12.2%) 1.07 4,588
    2018-02-01 $296,000 (2.3%) $543,944 (11.2%) 1.07 4,718
    2018-03-01 $290,000 (0.0%) $546,909 (9.8%) 1.02 4,819
    2018-04-01 $295,513 (1.9%) $550,479 (9.8%) 1.00 4,812
    2018-05-01 $299,450 (2.9%) $555,238 (9.7%) 1.00 4,852
    2018-06-01 $299,900 (3.5%) $560,524 (9.4%) 1.00 4,764
    2018-07-01 $299,900 (3.8%) $572,460 (11.8%) 1.00 4,674
    2018-08-01 $306,250 (5.7%) $578,525 (12.6%) 1.03 4,667
    2018-09-01 $309,900 (5.2%) $577,109 (10.7%) 1.04 4,677
    2018-10-01 $309,450 (5.1%) $578,065 (9.0%) 1.05 4,661
    2018-11-01 $307,250 (5.2%) $573,629 (8.2%) 1.04 4,637
    2018-12-01 $309,000 (6.6%) $571,949 (8.0%) 1.07 4,544
    2019-01-01 $312,450 (7.8%) $575,360 (7.6%) 1.08 4,335
    2019-02-01 $319,000 (7.8%) $585,644 (7.7%) 1.08 4,516
    2019-03-01 $321,529 (10.9%) $596,464 (9.1%) 1.05 4,673
    2019-04-01 $324,900 (9.9%) $606,450 (10.2%) 1.03 4,721
    2019-05-01 $322,450 (7.7%) $576,226 (3.8%) 1.01 4,766
    2019-06-01 $323,500 (7.9%) $571,875 (2.0%) 1.01 4,718
    2019-07-01 $319,900 (6.7%) $576,108 (0.6%) 1.00 4,638
    2019-08-01 $313,091 (2.2%) $574,999 (-0.6%) 0.99 4,593
    2019-09-01 $305,727 (-1.4%) $570,540 (-1.1%) 0.98 4,518
    2019-10-01 $305,318 (-1.3%) $569,687 (-1.5%) 0.99 4,452
    2019-11-01 $319,000 (3.8%) $574,439 (0.1%) 1.05 4,236
    2019-12-01 $310,271 (0.4%) $568,434 (-0.6%) 1.03 3,998
    2020-01-01 $316,184 (1.2%) $680,309 (18.2%) 1.06 3,800
    2020-02-01 $319,900 (0.3%) $690,297 (17.9%) 1.05 3,828
    2020-03-01 $321,500 (0.0%) $593,013 (-0.6%) 1.01 3,874
    2020-04-01 $319,900 (-1.5%) $589,920 (-2.7%) 1.00 3,785
    2020-05-01 $319,250 (-1.0%) $594,887 (3.2%) 0.97 3,656
    2020-06-01 $319,900 (-1.1%) $628,577 (9.9%) 0.94 3,311
    2020-07-01 $319,250 (-0.2%) $638,525 (10.8%) 0.93 2,911
    2020-08-01 $319,000 (1.9%) $622,620 (8.3%) 0.91 2,695
    2020-09-01 $327,000 (7.0%) $626,875 (9.9%) 0.94 2,621
    2020-10-01 $329,000 (7.8%) $631,642 (10.9%) 0.94 2,572
    2020-11-01 $324,900 (1.9%) $635,284 (10.6%) 0.95 2,487
    2020-12-01 $318,450 (2.6%) $623,561 (9.7%) 0.95 2,373
    2021-01-01 $310,850 (-1.7%) $620,972 (-8.7%) 0.93 2,050
    2021-02-01 $311,500 (-2.6%) $657,398 (-4.8%) 0.91 1,757
    2021-03-01 $322,450 (0.3%) $684,069 (15.4%) 0.91 1,696
    2021-04-01 $332,325 (3.9%) $734,136 (24.5%) 0.90 1,717
    2021-05-01 $360,000 (12.8%) $748,896 (25.9%) 0.96 1,731
    2021-06-01 $362,450 (13.3%) $743,815 (18.3%) 0.95 1,860
    2021-07-01 $359,450 (12.6%) $692,768 (8.5%) 0.95 2,025
    2021-08-01 $372,450 (16.8%) $704,241 (13.1%) 0.99 2,166
    2021-09-01 $379,725 (16.1%) $698,402 (11.4%) 1.01 2,197
    2021-10-01 $399,000 (21.3%) $729,286 (15.5%) 1.06 2,072
    2021-11-01 $389,950 (20.0%) $739,947 (16.5%) 1.04 1,913
    2021-12-01 $399,000 (25.3%) $747,873 (19.9%) 1.08 1,750
    2022-01-01 $399,000 (28.4%) $760,841 (22.5%) 1.08 1,480
    2022-02-01 $399,000 (28.1%) $796,817 (21.2%) 1.04 1,331
    2022-03-01 $409,950 (27.1%) $819,378 (19.8%) 1.03 1,325
    2022-04-01 $429,000 (29.1%) $881,237 (20.0%) 1.02 1,388
    2022-05-01 $464,500 (29.0%) $915,676 (22.3%) 1.06 1,582
    2022-06-01 $454,500 (25.4%) $908,215 (22.1%) 1.01 1,742
    2022-07-01 $449,900 (25.2%) $873,844 (26.1%) 1.01 1,982
    2022-08-01 $451,000 (21.1%) $904,382 (28.4%) 1.04 1,982
    2022-09-01 $464,917 (22.4%) $903,786 (29.4%) 1.09 1,932
    2022-10-01 $485,000 (21.6%) $925,660 (26.9%) 1.14 1,954
    2022-11-01 $475,000 (21.8%) $946,678 (27.9%) 1.14 1,944
    2022-12-01 $479,000 (20.1%) $946,728 (26.6%) 1.18 1,753
    2023-01-01 $484,900 (21.5%) $987,878 (29.8%) 1.20 1,625
    2023-02-01 $497,000 (24.6%) $1,023,138 (28.4%) 1.20 1,574
    2023-03-01 $495,500 (20.9%) $1,041,734 (27.1%) 1.17 1,544
    2023-04-01 $559,900 (30.5%) $1,083,979 (23.0%) 1.30 1,482
    2023-05-01 $597,000 (28.5%) $1,119,858 (22.3%) 1.35 1,444
    2023-06-01 $579,370 (27.5%) $1,166,607 (28.5%) 1.30 1,471
    2023-07-01 $595,000 (32.3%) $1,177,180 (34.7%) 1.35 1,483
    2023-08-01 $584,450 (29.6%) $1,179,710 (30.4%) 1.34 1,466
    2023-09-01 $599,900 (29.0%) $1,173,587 (29.9%) 1.40 1,526
    2023-10-01 $600,000 (23.7%) $1,127,503 (21.8%) 1.41 1,609
    2023-11-01 $596,074 (25.5%) $1,102,414 (16.5%) 1.42 1,667
    2023-12-01 $599,000 (25.1%) $1,107,741 (17.0%) 1.46 1,623
    2024-01-01 $574,950 (18.6%) $1,096,351 (11.0%) 1.40 1,522
    2024-02-01 $571,050 (14.9%) $1,105,063 (8.0%) 1.37 1,571
    2024-03-01 $580,000 (17.1%) $1,146,376 (10.0%) 1.37 1,644
    2024-04-01 $580,997 (3.8%) $1,182,456 (9.1%) 1.35 1,682
    2024-05-01 $599,000 (0.3%) $1,188,449 (6.1%) 1.36 1,704
    2024-06-01 $599,000 (3.4%) $1,197,615 (2.7%) 1.36 1,772
    2024-07-01 $592,500 (-0.4%) $1,218,875 (3.5%) 1.36 1,783
    2024-08-01 $579,500 (-0.9%) $1,218,013 (3.3%) 1.35 1,780
    2024-09-01 $579,998 (-3.3%) $1,188,145 (1.2%) 1.36 1,905
    2024-10-01 $550,000 (-8.3%) $1,151,869 (2.2%) 1.29 1,950
    2024-11-01 $559,900 (-6.1%) $1,158,601 (5.1%) 1.34 1,887
    2024-12-01 $554,950 (-7.4%) $1,130,166 (2.0%) 1.38 1,756
    2025-01-01 $549,475 (-4.4%) $1,076,592 (-1.8%) 1.37 1,647
    2025-02-01 $549,500 (-3.8%) $1,073,663 (-2.8%) 1.33 1,737
    2025-03-01 $550,000 (-5.2%) $1,092,449 (-4.7%) 1.29 1,905
    2025-04-01 $571,950 (-1.6%) $1,131,509 (-4.3%) 1.33 2,010
    Atlantic City's median listing price for 2025-04-01 was $571,950, a difference of $-9,047 (-1.6%) versus the prior year and $21,950 versus the prior month.

    Atlantic City's median listing price comes in at 133% of the national average.

    Atlantic City's average listing price for 2025-04-01 was $1,131,509, a difference of $-50,947 (-4.3%) versus the prior year and $39,060 versus the prior month.

    For the 2025-04-01 period, Atlantic City had 2,010 MLS listings, a difference of 105 listings (6%) versus the prior month and 328 listings (20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Atlantic City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 101 days 1,645 sqft
    2018-02-01 95 days 1,644 sqft
    2018-03-01 76 days 1,639 sqft
    2018-04-01 74 days 1,664 sqft
    2018-05-01 75 days 1,662 sqft
    2018-06-01 78 days 1,688 sqft
    2018-07-01 81 days 1,688 sqft
    2018-08-01 82 days 1,693 sqft
    2018-09-01 79 days 1,684 sqft
    2018-10-01 78 days 1,679 sqft
    2018-11-01 79 days 1,636 sqft
    2018-12-01 90 days 1,616 sqft
    2019-01-01 98 days 1,626 sqft
    2019-02-01 91 days 1,600 sqft
    2019-03-01 79 days 1,603 sqft
    2019-04-01 71 days 1,609 sqft
    2019-05-01 73 days 1,623 sqft
    2019-06-01 75 days 1,650 sqft
    2019-07-01 80 days 1,684 sqft
    2019-08-01 80 days 1,686 sqft
    2019-09-01 78 days 1,689 sqft
    2019-10-01 77 days 1,690 sqft
    2019-11-01 81 days 1,690 sqft
    2019-12-01 92 days 1,666 sqft
    2020-01-01 97 days 1,646 sqft
    2020-02-01 89 days 1,655 sqft
    2020-03-01 70 days 1,687 sqft
    2020-04-01 79 days 1,685 sqft
    2020-05-01 93 days 1,700 sqft
    2020-06-01 102 days 1,700 sqft
    2020-07-01 78 days 1,700 sqft
    2020-08-01 56 days 1,664 sqft
    2020-09-01 48 days 1,608 sqft
    2020-10-01 50 days 1,600 sqft
    2020-11-01 59 days 1,598 sqft
    2020-12-01 70 days 1,583 sqft
    2021-01-01 78 days 1,560 sqft
    2021-02-01 67 days 1,537 sqft
    2021-03-01 53 days 1,508 sqft
    2021-04-01 47 days 1,516 sqft
    2021-05-01 46 days 1,584 sqft
    2021-06-01 45 days 1,574 sqft
    2021-07-01 44 days 1,576 sqft
    2021-08-01 46 days 1,589 sqft
    2021-09-01 53 days 1,570 sqft
    2021-10-01 57 days 1,570 sqft
    2021-11-01 60 days 1,581 sqft
    2021-12-01 69 days 1,594 sqft
    2022-01-01 79 days 1,590 sqft
    2022-02-01 69 days 1,555 sqft
    2022-03-01 45 days 1,572 sqft
    2022-04-01 41 days 1,600 sqft
    2022-05-01 40 days 1,655 sqft
    2022-06-01 43 days 1,640 sqft
    2022-07-01 45 days 1,620 sqft
    2022-08-01 56 days 1,601 sqft
    2022-09-01 65 days 1,629 sqft
    2022-10-01 62 days 1,653 sqft
    2022-11-01 66 days 1,631 sqft
    2022-12-01 79 days 1,625 sqft
    2023-01-01 84 days 1,624 sqft
    2023-02-01 78 days 1,658 sqft
    2023-03-01 59 days 1,669 sqft
    2023-04-01 56 days 1,697 sqft
    2023-05-01 54 days 1,710 sqft
    2023-06-01 51 days 1,701 sqft
    2023-07-01 51 days 1,700 sqft
    2023-08-01 54 days 1,719 sqft
    2023-09-01 53 days 1,664 sqft
    2023-10-01 51 days 1,665 sqft
    2023-11-01 54 days 1,620 sqft
    2023-12-01 64 days 1,618 sqft
    2024-01-01 74 days 1,604 sqft
    2024-02-01 66 days 1,611 sqft
    2024-03-01 53 days 1,600 sqft
    2024-04-01 56 days 1,622 sqft
    2024-05-01 55 days 1,650 sqft
    2024-06-01 56 days 1,656 sqft
    2024-07-01 57 days 1,660 sqft
    2024-08-01 54 days 1,620 sqft
    2024-09-01 54 days 1,615 sqft
    2024-10-01 55 days 1,612 sqft
    2024-11-01 64 days 1,575 sqft
    2024-12-01 72 days 1,545 sqft
    2025-01-01 78 days 1,541 sqft
    2025-02-01 65 days 1,600 sqft
    2025-03-01 49 days 1,596 sqft
    2025-04-01 51 days 1,570 sqft
    Atlantic City's median listing age (time on market) for 2025-04-01 was 51 days. This is -8% shorter than the same period one year ago.

    Atlantic City's median square footage for active listings during the 2025-04-01 period was 1,570 sqft. One year prior, the average listing was 1,622 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.