Brunswick VA Loans

BRUNSWICK, GA

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.