Brunswick VA Loans

BRUNSWICK, GA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Brunswick's 80 lenders originated 728 VA loans during 2021. The total origination value was $195,090,000, with an average VA loan value of $267,981.

    Brunswick VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Brunswick averaged 5.34% for the week of 2022-05-20, compared to the national average (all VA variants) of 5.143% for the same period.

    The average rate for the prior week (2022-05-13) was 5.55% and one month ago for the week of 2022-04-15, the average rate was 5.31%.

    The average rate one year ago was 2.9%.

    For refis of the same type during the week of 2022-05-20, the average rate was 4.98%.

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

    Brunswick 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 Brunswick level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    QUICKEN LOANS, LLC 111 2.44% $4,176
    Mortgage Research Center, LLC 59 2.92% $5,679
    FREEDOM MORTGAGE CORPORATION 56 2.41% $2,456
    PENNYMAC LOAN SERVICES, LLC 40 2.42% $6,346
    HOMEBRIDGE FINANCIAL SERVICES, INC. 36 2.92% $5,950
    NAVY FEDERAL CREDIT UNION 31 2.50% $4,928
    GUARANTEED RATE, INC. 26 2.63% $4,613
    UNITED WHOLESALE MORTGAGE, LLC 22 2.49% $5,682
    NEW DAY FINANCIAL, LLC 18 2.96% $7,566
    HOME POINT FINANCIAL CORPORATION 15 2.62% $6,784
    USAA Federal Savings Bank 14 2.89% $6,004
    Mr. Cooper ( Nationstar Mortgage ) 12 2.95% $6,329
    LOANDEPOT.COM, LLC 12 2.79% $5,523
    VILLAGE CAPITAL & INVESTMENT LLC 11 2.26% $3,491
    VANDERBILT MORTGAGE AND FINANCE, INC. 11 3.01% $7,645
    HOMESTAR FINANCIAL CORPORATION 10 2.95% $6,977
    Wells Fargo Bank 8 2.56% $4,162
    BAY EQUITY LLC 7 2.71% $8,259
    LAKEVIEW LOAN SERVICING, LLC 7 2.41% $2,971
    CALIBER HOME LOANS, INC. 7 2.57% $7,381
    First Federal Bank 6 2.94% $5,786
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 5 2.73% $9,772
    STOCKTON MORTGAGE CORPORATION 5 2.53% $5,418
    Capital City Home Loans, LLC 5 2.55% $6,664
    PENTAGON FEDERAL CREDIT UNION 5 2.58% $2,916
    BROKER SOLUTIONS, INC. 5 2.80% $5,817
    Low VA Rates, LLC 5 2.25% $2,752
    North American Savings Bank, F.S.B. 5 2.50% $7,997
    NEWREZ LLC 5 2.65% $2,254
    STEARNS LENDING, LLC 4 2.78% $9,320
    CLEARPATH LENDING 4 2.13% $2,505
    NBKC BANK 3 2.58% $4,010
    PREMIA MORTGAGE, LLC 3 2.46% $12,639
    DIRECT LENDERS, LLC 3 2.54% $1,632
    Truist Bank 3 2.65% $2,408
    SWBC MORTGAGE CORPORATION 3 2.96% $5,691
    Ameris Bank 3 2.71% $8,840
    AMERICAN FINANCIAL NETWORK, INC. 3 2.42% $18,901
    GUILD MORTGAGE COMPANY 2 2.81% $8,947
    AMERICAN FINANCING CORPORATION 2 2.50% $11,337
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 2.69% $4,438
    BANKSOUTH MORTGAGE COMPANY, LLC 2 2.88% $8,029
    Carrington Mortgage Services, LLC 2 3.44% $5,974
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 2.88% $2,592
    GUARANTY HOME MORTGAGE CORPORATION 2 2.50% $8,098
    InterContinental Capital Group, Inc 2 2.25% $3,305
    Lakeview Community Capital, LLC 2 2.44% $1,479
    Magnolia Bank 2 2.81% $3,927
    MOVEMENT MORTGAGE, LLC 2 3.25% $1,529
    NP, Inc. 2 2.31% $4,526
    Prime Choice Funding Inc. 2 2.62% $6,709
    The Federal Savings Bank 2 2.50% $5,111
    THE MORTGAGE FIRM, INC. 2 2.75% $13,963
    TOWNE MORTGAGE COMPANY 2 3.44% $2,039
    United Community Bank 2 2.88% $500
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 2.75% $11,590
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 3.13% $12,702
    Gateway First Bank 1 2.63% $9,082
    POLARIS HOME FUNDING CORP. 1 2.63% $5,476
    First Internet Bank of Indiana 1 2.63% $12,411
    Presidential Bank, FSB 1 2.38% $21,980
    Blue Ridge Bank 1 2.63% $4,990
    First Home Bank 1 4.13% $6,391
    FINANCE OF AMERICA MORTGAGE LLC 1 2.25% $3,102
    Stifel Bank and Trust 1 2.25% $2,012
    EMM LOANS LLC 1 2.63% $16,464
    CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $8,651
    The Central Trust Bank 1 2.25% $9,222
    Bank of England 1 3.00% $11,970
    AUGUSTA MORTGAGE CO. 1 2.25% $3,112
    TJC Mortgage, Inc. 1 2.38% $3,150
    AMERISAVE MORTGAGE CORPORATION 1 2.63% $5,579
    Citizens Bank 1 3.00% $3,526
    UNION SQUARE 1 2.75% $17,213
    Mortgage Network, Inc. 1 3.13% $9,744
    MORTGAGE INVESTORS GROUP, INC. 1 3.13% $5,125
    MID AMERICA MORTGAGE, INC. 1 1.75% $1,805
    LENDING 3, INC. 1 3.13% $3,792
    INSPIRE HOME LOANS INC. 1 3.00% $1,070
    HomePromise Corporation 1 3.13% $9,300

    The top Brunswick VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 111 VA loans originated. Their average total fees are $4,176, which is $1,503 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Brunswick VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION ($2,456), VILLAGE CAPITAL & INVESTMENT LLC ($3,491), QUICKEN LOANS, LLC ($4,176), GUARANTEED RATE, INC. ($4,613) and NAVY FEDERAL CREDIT UNION ($4,928).

    The lowest rate Brunswick VA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC (2.26%), FREEDOM MORTGAGE CORPORATION (2.41%), PENNYMAC LOAN SERVICES, LLC (2.42%), QUICKEN LOANS, LLC (2.44%) and UNITED WHOLESALE MORTGAGE, LLC (2.49%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Brunswick (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 $342,750 (-1.8%) $692,342 (0.6%) 0.00 1,086
    2018-02-01 $345,450 (-1.3%) $670,639 (-2.8%) 0.00 1,236
    2018-03-01 $345,000 (-1.4%) $682,472 (-2.3%) 0.00 1,313
    2018-04-01 $344,950 (-3.9%) $664,184 (-5.7%) 0.00 1,392
    2018-05-01 $349,900 (-2.5%) $665,447 (-7.3%) 0.00 1,380
    2018-06-01 $359,000 (1.8%) $668,684 (-9.4%) 0.00 1,405
    2018-07-01 $373,750 (6.9%) $683,097 (-5.1%) 0.00 1,390
    2018-08-01 $354,345 (2.9%) $661,570 (-6.2%) 0.00 1,523
    2018-09-01 $379,500 (8.7%) $687,339 (-1.9%) 0.00 1,291
    2018-10-01 $381,200 (9.4%) $695,468 (-1.0%) 0.00 1,261
    2018-11-01 $377,000 (7.8%) $676,624 (-2.1%) 0.00 1,256
    2018-12-01 $363,161 (3.8%) $663,738 (-4.6%) 0.00 1,258
    2019-01-01 $355,000 (3.6%) $666,505 (-3.7%) 0.00 1,238
    2019-02-01 $352,400 (2.0%) $669,680 (-0.1%) 0.00 1,285
    2019-03-01 $360,657 (4.5%) $689,623 (1.1%) 0.00 1,307
    2019-04-01 $373,950 (8.4%) $709,137 (6.8%) 0.00 1,301
    2019-05-01 $379,000 (8.3%) $708,908 (6.5%) 0.00 1,336
    2019-06-01 $394,000 (9.8%) $704,728 (5.4%) 0.00 1,365
    2019-07-01 $396,250 (6.0%) $718,494 (5.2%) 0.00 1,296
    2019-08-01 $392,809 (10.9%) $722,500 (9.2%) 0.00 1,226
    2019-09-01 $388,700 (2.4%) $723,027 (5.2%) 0.00 1,184
    2019-10-01 $375,000 (-1.6%) $707,739 (1.8%) 0.00 1,196
    2019-11-01 $375,000 (-0.5%) $702,481 (3.8%) 0.00 1,187
    2019-12-01 $372,000 (2.4%) $695,710 (4.8%) 0.00 1,156
    2020-01-01 $370,000 (4.2%) $685,307 (2.8%) 0.00 1,103
    2020-02-01 $379,000 (7.6%) $678,257 (1.3%) 0.00 1,184
    2020-03-01 $377,500 (4.7%) $668,587 (-3.1%) 0.00 1,225
    2020-04-01 $379,000 (1.4%) $668,363 (-5.8%) 0.00 1,215
    2020-05-01 $384,900 (1.6%) $663,943 (-6.3%) 0.00 1,197
    2020-06-01 $389,900 (-1.0%) $674,968 (-4.2%) 0.00 1,118
    2020-07-01 $392,500 (-1.0%) $685,054 (-4.7%) 0.00 1,029
    2020-08-01 $399,000 (1.6%) $717,988 (-0.6%) 0.00 907
    2020-09-01 $387,000 (-0.4%) $714,535 (-1.2%) 0.00 854
    2020-10-01 $379,900 (1.3%) $699,449 (-1.2%) 0.00 792
    2020-11-01 $367,489 (-2.0%) $698,371 (-0.6%) 0.00 738
    2020-12-01 $362,500 (-2.6%) $703,662 (1.1%) 0.00 689
    2021-01-01 $359,900 (-2.7%) $731,142 (6.7%) 0.00 636
    2021-02-01 $349,950 (-7.7%) $708,528 (4.5%) 0.00 586
    2021-03-01 $343,250 (-9.1%) $688,474 (3.0%) 0.00 552
    2021-04-01 $344,950 (-9.0%) $691,019 (3.4%) 0.00 527
    2021-05-01 $340,000 (-11.7%) $715,052 (7.7%) 0.00 518
    2021-06-01 $342,500 (-12.2%) $668,251 (-1.0%) 0.00 502
    2021-07-01 $354,900 (-9.6%) $697,796 (1.9%) 0.00 461
    2021-08-01 $365,515 (-8.4%) $668,831 (-6.9%) 0.00 501
    2021-09-01 $366,450 (-5.3%) $676,238 (-5.4%) 0.00 508
    2021-10-01 $375,000 (-1.3%) $691,592 (-1.1%) 0.00 475
    2021-11-01 $387,775 (5.5%) $706,174 (1.1%) 0.00 482
    2021-12-01 $399,900 (10.3%) $738,855 (5.0%) 0.00 430
    2022-01-01 $424,000 (17.8%) $755,494 (3.3%) 0.00 395
    2022-02-01 $442,000 (26.3%) $709,413 (0.1%) 0.00 403
    2022-03-01 $416,445 (21.3%) $719,227 (4.5%) 0.00 400
    2022-04-01 $399,000 (15.7%) $794,870 (15.0%) 0.00 404
    Brunswick's median listing price for 2022-04-01 was $399,000, a difference of $54,050 (15.7%) versus the prior year and $-17,445 versus the prior month.

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

    Brunswick's average listing price for 2022-04-01 was $794,870, a difference of $103,851 (15.0%) versus the prior year and $75,643 versus the prior month.

    For the 2022-04-01 period, Brunswick had 404 MLS listings, a difference of 4 listings (1%) versus the prior month and -123 listings (-23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Brunswick (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,171 sqft
    2018-02-01 0 days 2,154 sqft
    2018-03-01 0 days 2,137 sqft
    2018-04-01 0 days 2,131 sqft
    2018-05-01 0 days 2,171 sqft
    2018-06-01 0 days 2,200 sqft
    2018-07-01 0 days 2,219 sqft
    2018-08-01 0 days 2,248 sqft
    2018-09-01 0 days 2,221 sqft
    2018-10-01 0 days 2,225 sqft
    2018-11-01 0 days 2,202 sqft
    2018-12-01 0 days 2,167 sqft
    2019-01-01 0 days 2,147 sqft
    2019-02-01 0 days 2,110 sqft
    2019-03-01 0 days 2,138 sqft
    2019-04-01 0 days 2,194 sqft
    2019-05-01 0 days 2,195 sqft
    2019-06-01 0 days 2,223 sqft
    2019-07-01 0 days 2,216 sqft
    2019-08-01 0 days 2,210 sqft
    2019-09-01 0 days 2,202 sqft
    2019-10-01 0 days 2,193 sqft
    2019-11-01 0 days 2,147 sqft
    2019-12-01 0 days 2,130 sqft
    2020-01-01 0 days 2,104 sqft
    2020-02-01 0 days 2,105 sqft
    2020-03-01 0 days 2,053 sqft
    2020-04-01 0 days 2,123 sqft
    2020-05-01 0 days 2,130 sqft
    2020-06-01 0 days 2,143 sqft
    2020-07-01 0 days 2,087 sqft
    2020-08-01 0 days 2,087 sqft
    2020-09-01 0 days 2,063 sqft
    2020-10-01 0 days 2,056 sqft
    2020-11-01 0 days 2,017 sqft
    2020-12-01 0 days 1,987 sqft
    2021-01-01 0 days 2,009 sqft
    2021-02-01 0 days 2,009 sqft
    2021-03-01 0 days 2,009 sqft
    2021-04-01 0 days 2,000 sqft
    2021-05-01 0 days 1,952 sqft
    2021-06-01 0 days 1,938 sqft
    2021-07-01 0 days 1,950 sqft
    2021-08-01 0 days 2,028 sqft
    2021-09-01 0 days 1,995 sqft
    2021-10-01 0 days 2,046 sqft
    2021-11-01 0 days 2,075 sqft
    2021-12-01 0 days 2,128 sqft
    2022-01-01 0 days 2,159 sqft
    2022-02-01 0 days 2,053 sqft
    2022-03-01 0 days 1,950 sqft
    2022-04-01 0 days 1,940 sqft
    Brunswick's median listing age (time on market) for 2022-04-01 was 0 days.

    Brunswick's median square footage for active listings during the 2022-04-01 period was 1,940 sqft. One year prior, the average listing was 2,000 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.