Brunswick VA Loan Rates, Closing Costs & Stats

BRUNSWICK, GA

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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.

    Brunswick's 53 lenders originated 258 VA loans during 2023. The total origination value was $83,950,000, with an average VA loan value of $325,388.

    Brunswick VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Brunswick averaged 6.74% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Brunswick's average VA mortgage closing costs are $6,013.

    The average rate for the prior week (2024-04-12) was 6.77% and one month ago for the week of 2024-03-15, the average rate was 6.73%.

    The average rate one year ago was 6.02%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

    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/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Brunswick level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 52 6.28% $11,204
    Mortgage Research Center, LLC 37 6.88% $6,293
    PENNYMAC LOAN SERVICES, LLC 14 5.86% $9,423
    NAVY FEDERAL CREDIT UNION 13 6.13% $3,605
    UNITED WHOLESALE MORTGAGE, LLC 12 5.99% $5,902
    Century Mortgage Company DBA Century Lending Company 9 6.04% $10,263
    GUARANTEED RATE, INC. 8 6.25% $6,605
    CMG MORTGAGE, INC. 7 6.25% $10,913
    FREEDOM MORTGAGE CORPORATION 5 6.45% $17,346
    Capital City Home Loans, LLC 5 5.55% $11,344
    BROKER SOLUTIONS, INC. 5 6.62% $5,037
    NEW DAY FINANCIAL, LLC 4 7.09% $15,232
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 5.67% $9,411
    CALIBER HOME LOANS, INC. 3 6.25% $22,854
    AMERICAN FINANCIAL NETWORK, INC. 3 6.79% $11,963
    Equity Prime Mortgage LLC 3 6.79% $6,213
    HOMESTAR FINANCIAL CORPORATION 3 6.75% $6,924
    LOANDEPOT.COM, LLC 3 6.04% $13,369
    Paramount Residential Mortgage Group, Inc. 3 6.08% $5,845
    TOWNE MORTGAGE COMPANY 2 7.13% $12,637
    Plains Commerce Bank 2 5.69% $6,055
    Presidential Bank, FSB 2 6.56% $9,171
    FirstBank 2 6.06% $8,793
    GUILD MORTGAGE COMPANY 2 6.63% $9,583
    NEWREZ LLC 2 6.94% $7,757
    Barrington Bank & Trust Company, N.A. 2 7.00% $7,922
    USAA Federal Savings Bank 2 6.88% $6,671
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.00% $2,031
    INTERCOASTAL MORTGAGE COMPANY 2 6.81% $5,161
    BAY EQUITY LLC 2 7.13% $31,545
    Wells Fargo Bank 1 6.13% $10,421
    Ameris Bank 1 5.75% $8,787
    CARDINAL FINANCIAL 1 5.99% $6,787
    Citizens Bank 1 6.13% $9,165
    CONTOUR MORTGAGE CORPORATION 1 5.63% $11,831
    EMM LOANS LLC 1 6.00% $8,479
    Evolve Bank & Trust 1 7.13% $8,404
    HOMESIDE FINANCIAL, LLC 1 7.25% $17,581
    INSPIRE HOME LOANS INC. 1 5.88% $19,273
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.13% $14,531
    NBKC BANK 1 5.63% $4,177
    PENTAGON FEDERAL CREDIT UNION 1 5.50% $4,205
    PLANET HOME LENDING, LLC 1 6.38% $6,629
    Regions Bank 1 6.25% $4,948
    RESIDENTIAL HOME FUNDING CORP. 1 5.25% $750
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 6.25% $5,713
    SWBC MORTGAGE CORPORATION 1 6.63% $4,966
    Synovus Bank 1 5.75% $25,250
    The Federal Savings Bank 1 7.25% $20,468
    THRIVE MORTGAGE, LLC 1 7.63% $8,665
    United Community Bank 1 5.38% $3,441
    U.S. Bank 1 5.63% $5,472
    VILLAGE CAPITAL MORTGAGE 1 6.50% $6,196

    The top Brunswick VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 52 VA loans originated. Their average total fees are $11,204, which is $4,912 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Brunswick VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($3,605), UNITED WHOLESALE MORTGAGE, LLC ($5,902), Mortgage Research Center, LLC ($6,293), PENNYMAC LOAN SERVICES, LLC ($9,423) and QUICKEN LOANS, LLC ($11,204).

    The lowest rate Brunswick VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.86%), UNITED WHOLESALE MORTGAGE, LLC (5.99%), NAVY FEDERAL CREDIT UNION (6.13%), QUICKEN LOANS, LLC (6.28%) and Mortgage Research Center, LLC (6.88%).

    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 $343,250 (-1.1%) $701,424 (1.6%) 0.00 1,061
    2018-02-01 $344,950 (-1.4%) $681,628 (-1.6%) 0.00 1,143
    2018-03-01 $344,900 (-1.4%) $693,006 (-0.9%) 0.00 1,216
    2018-04-01 $347,450 (-1.2%) $682,517 (-3.4%) 0.00 1,268
    2018-05-01 $349,900 (-1.5%) $683,589 (-5.2%) 0.00 1,270
    2018-06-01 $359,000 (2.5%) $685,628 (-6.0%) 0.00 1,285
    2018-07-01 $372,495 (8.0%) $700,969 (-1.2%) 0.00 1,272
    2018-08-01 $349,900 (2.3%) $674,251 (-4.1%) 0.00 1,396
    2018-09-01 $379,700 (9.4%) $705,882 (0.1%) 0.00 1,173
    2018-10-01 $379,900 (9.5%) $711,138 (0.7%) 0.00 1,145
    2018-11-01 $374,500 (7.2%) $684,753 (-2.2%) 0.00 1,138
    2018-12-01 $359,000 (2.6%) $672,730 (-4.6%) 0.00 1,131
    2019-01-01 $349,971 (2.0%) $672,737 (-4.1%) 0.00 1,116
    2019-02-01 $349,900 (1.4%) $678,019 (-0.5%) 0.00 1,161
    2019-03-01 $360,657 (4.6%) $699,236 (0.9%) 0.00 1,174
    2019-04-01 $374,900 (7.9%) $720,345 (5.5%) 0.00 1,165
    2019-05-01 $378,000 (8.0%) $719,914 (5.3%) 0.00 1,197
    2019-06-01 $379,900 (5.8%) $721,623 (5.3%) 0.00 1,192
    2019-07-01 $385,000 (3.4%) $743,323 (6.0%) 0.00 1,136
    2019-08-01 $383,364 (9.6%) $749,130 (11.1%) 0.00 1,080
    2019-09-01 $380,909 (0.3%) $747,713 (5.9%) 0.00 1,053
    2019-10-01 $377,225 (-0.7%) $746,308 (5.0%) 0.00 1,036
    2019-11-01 $375,000 (0.1%) $736,873 (7.6%) 0.00 1,031
    2019-12-01 $375,000 (4.5%) $721,969 (7.3%) 0.00 1,009
    2020-01-01 $379,000 (8.3%) $705,214 (4.8%) 0.00 959
    2020-02-01 $382,000 (9.2%) $699,457 (3.2%) 0.00 1,060
    2020-03-01 $384,975 (6.7%) $686,799 (-1.8%) 0.00 1,103
    2020-04-01 $381,000 (1.6%) $675,710 (-6.2%) 0.00 1,099
    2020-05-01 $388,000 (2.7%) $669,050 (-7.1%) 0.00 1,082
    2020-06-01 $397,250 (4.6%) $684,477 (-5.2%) 0.00 1,018
    2020-07-01 $399,000 (3.6%) $698,745 (-6.0%) 0.00 954
    2020-08-01 $390,000 (1.7%) $708,144 (-5.5%) 0.00 845
    2020-09-01 $382,000 (0.3%) $705,048 (-5.7%) 0.00 786
    2020-10-01 $375,000 (-0.6%) $693,789 (-7.0%) 0.00 739
    2020-11-01 $362,400 (-3.4%) $684,756 (-7.1%) 0.00 696
    2020-12-01 $358,425 (-4.4%) $694,862 (-3.8%) 0.00 639
    2021-01-01 $355,900 (-6.1%) $724,450 (2.7%) 0.00 596
    2021-02-01 $349,950 (-8.4%) $701,529 (0.3%) 0.00 552
    2021-03-01 $343,625 (-10.7%) $706,833 (2.9%) 0.00 519
    2021-04-01 $346,600 (-9.0%) $708,710 (4.9%) 0.00 485
    2021-05-01 $329,900 (-15.0%) $729,834 (9.1%) 0.00 488
    2021-06-01 $345,749 (-13.0%) $692,805 (1.2%) 0.00 468
    2021-07-01 $349,900 (-12.3%) $700,605 (0.3%) 0.00 452
    2021-08-01 $354,400 (-9.1%) $673,866 (-4.8%) 0.00 470
    2021-09-01 $361,675 (-5.3%) $692,041 (-1.8%) 0.00 472
    2021-10-01 $375,000 (0.0%) $694,683 (0.1%) 0.00 444
    2021-11-01 $384,194 (6.0%) $706,428 (3.2%) 0.00 450
    2021-12-01 $399,900 (11.6%) $749,958 (7.9%) 0.00 397
    2022-01-01 $420,096 (18.0%) $763,210 (5.4%) 0.00 364
    2022-02-01 $435,716 (24.5%) $732,365 (4.4%) 0.00 363
    2022-03-01 $399,900 (16.4%) $749,908 (6.1%) 0.00 349
    2022-04-01 $379,900 (9.6%) $841,784 (18.8%) 0.00 344
    2022-05-01 $398,118 (20.7%) $869,242 (19.1%) 0.00 372
    2022-06-01 $389,175 (12.6%) $831,914 (20.1%) 0.00 385
    2022-07-01 $412,400 (17.9%) $764,934 (9.2%) 0.00 401
    2022-08-01 $412,200 (16.3%) $789,741 (17.2%) 0.00 415
    2022-09-01 $419,654 (16.0%) $803,103 (16.1%) 0.00 421
    2022-10-01 $399,900 (6.6%) $859,829 (23.8%) 0.00 450
    2022-11-01 $398,925 (3.8%) $819,662 (16.0%) 0.00 467
    2022-12-01 $395,000 (-1.2%) $820,740 (9.4%) 0.00 459
    2023-01-01 $396,675 (-5.6%) $886,274 (16.1%) 0.00 400
    2023-02-01 $394,950 (-9.4%) $877,333 (19.8%) 0.00 393
    2023-03-01 $406,225 (1.6%) $881,636 (17.6%) 0.00 383
    2023-04-01 $398,850 (5.0%) $897,049 (6.6%) 0.00 380
    2023-05-01 $404,900 (1.7%) $924,711 (6.4%) 0.00 374
    2023-06-01 $424,995 (9.2%) $955,380 (14.8%) 0.00 378
    2023-07-01 $444,450 (7.8%) $1,022,430 (33.7%) 0.00 385
    2023-08-01 $450,000 (9.2%) $1,038,490 (31.5%) 0.00 405
    2023-09-01 $435,000 (3.7%) $988,232 (23.1%) 0.00 420
    2023-10-01 $438,600 (9.7%) $943,351 (9.7%) 0.00 462
    2023-11-01 $453,725 (13.7%) $960,844 (17.2%) 0.00 480
    2023-12-01 $437,446 (10.8%) $924,216 (12.6%) 0.00 481
    2024-01-01 $438,144 (10.5%) $902,642 (1.9%) 0.00 456
    2024-02-01 $428,250 (8.4%) $901,857 (2.8%) 0.00 462
    2024-03-01 $439,500 (8.2%) $960,538 (9.0%) 0.00 476
    Brunswick's median listing price for 2024-03-01 was $439,500, a difference of $33,275 (8.2%) versus the prior year and $11,250 versus the prior month.

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

    Brunswick's average listing price for 2024-03-01 was $960,538, a difference of $78,902 (9.0%) versus the prior year and $58,681 versus the prior month.

    For the 2024-03-01 period, Brunswick had 476 MLS listings, a difference of 14 listings (3%) versus the prior month and 93 listings (24%) 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 2,140 sqft
    2018-02-01 0 days 2,113 sqft
    2018-03-01 0 days 2,100 sqft
    2018-04-01 0 days 2,103 sqft
    2018-05-01 0 days 2,148 sqft
    2018-06-01 0 days 2,185 sqft
    2018-07-01 0 days 2,200 sqft
    2018-08-01 0 days 2,205 sqft
    2018-09-01 0 days 2,200 sqft
    2018-10-01 0 days 2,201 sqft
    2018-11-01 0 days 2,182 sqft
    2018-12-01 0 days 2,104 sqft
    2019-01-01 0 days 2,084 sqft
    2019-02-01 0 days 2,052 sqft
    2019-03-01 0 days 2,094 sqft
    2019-04-01 0 days 2,158 sqft
    2019-05-01 0 days 2,169 sqft
    2019-06-01 0 days 2,200 sqft
    2019-07-01 0 days 2,200 sqft
    2019-08-01 0 days 2,200 sqft
    2019-09-01 0 days 2,200 sqft
    2019-10-01 0 days 2,200 sqft
    2019-11-01 0 days 2,149 sqft
    2019-12-01 0 days 2,143 sqft
    2020-01-01 0 days 2,115 sqft
    2020-02-01 0 days 2,076 sqft
    2020-03-01 0 days 2,053 sqft
    2020-04-01 0 days 2,091 sqft
    2020-05-01 0 days 2,116 sqft
    2020-06-01 0 days 2,135 sqft
    2020-07-01 0 days 2,101 sqft
    2020-08-01 0 days 2,079 sqft
    2020-09-01 0 days 2,045 sqft
    2020-10-01 0 days 2,063 sqft
    2020-11-01 0 days 2,014 sqft
    2020-12-01 0 days 1,994 sqft
    2021-01-01 0 days 2,000 sqft
    2021-02-01 0 days 2,002 sqft
    2021-03-01 0 days 2,008 sqft
    2021-04-01 0 days 1,951 sqft
    2021-05-01 0 days 1,923 sqft
    2021-06-01 0 days 1,924 sqft
    2021-07-01 0 days 1,926 sqft
    2021-08-01 0 days 1,995 sqft
    2021-09-01 0 days 1,953 sqft
    2021-10-01 0 days 2,032 sqft
    2021-11-01 0 days 2,037 sqft
    2021-12-01 0 days 2,114 sqft
    2022-01-01 0 days 2,123 sqft
    2022-02-01 0 days 2,034 sqft
    2022-03-01 0 days 1,944 sqft
    2022-04-01 0 days 1,922 sqft
    2022-05-01 0 days 2,037 sqft
    2022-06-01 0 days 1,984 sqft
    2022-07-01 0 days 1,987 sqft
    2022-08-01 0 days 1,961 sqft
    2022-09-01 0 days 2,031 sqft
    2022-10-01 0 days 2,029 sqft
    2022-11-01 0 days 1,995 sqft
    2022-12-01 0 days 1,953 sqft
    2023-01-01 0 days 1,963 sqft
    2023-02-01 0 days 2,000 sqft
    2023-03-01 0 days 2,028 sqft
    2023-04-01 0 days 1,975 sqft
    2023-05-01 0 days 2,016 sqft
    2023-06-01 0 days 2,058 sqft
    2023-07-01 0 days 2,053 sqft
    2023-08-01 0 days 2,040 sqft
    2023-09-01 0 days 2,015 sqft
    2023-10-01 0 days 2,039 sqft
    2023-11-01 0 days 2,094 sqft
    2023-12-01 0 days 2,006 sqft
    2024-01-01 0 days 2,008 sqft
    2024-02-01 0 days 1,931 sqft
    2024-03-01 0 days 1,932 sqft
    Brunswick's median listing age (time on market) for 2024-03-01 was 0 days.

    Brunswick's median square footage for active listings during the 2024-03-01 period was 1,932 sqft. One year prior, the average listing was 2,028 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.