Camden VA Loans

CAMDEN, NJ

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.

Camden's 173 lenders originated 3,908 VA loans during 2021. The total origination value was $1,064,650,000, with an average VA loan value of $272,428.

Camden VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Camden averaged 4.74% for the week of 2022-03-25, compared to the national average (all VA variants) of 4.399% for the same period.

The average rate for the prior week (2022-03-18) was 4.52% and one month ago for the week of 2022-02-18, the average rate was 4.14%.

The average rate one year ago was 3.11%.

For refis of the same type during the week of 2022-03-25, the average rate was 4.47%.

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

Camden 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 Camden level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Mortgage Research Center, LLC 367 2.84% $7,090
QUICKEN LOANS, LLC 307 2.49% $4,961
FREEDOM MORTGAGE CORPORATION 283 2.48% $3,181
NAVY FEDERAL CREDIT UNION 128 2.48% $5,888
PENNYMAC LOAN SERVICES, LLC 127 2.44% $5,777
USAA Federal Savings Bank 113 2.88% $6,024
NEW DAY FINANCIAL, LLC 113 2.83% $8,396
GREENTREE MORTGAGE COMPANY, L.P. 106 2.73% $8,505
UNITED WHOLESALE MORTGAGE, LLC 95 2.58% $7,191
LOANDEPOT.COM, LLC 84 2.63% $5,267
CROSSCOUNTRY MORTGAGE, LLC 81 2.83% $8,123
CLEARPATH LENDING 65 2.37% $4,386
LAKEVIEW LOAN SERVICING, LLC 58 2.49% $2,987
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 55 2.80% $8,114
CALIBER HOME LOANS, INC. 54 2.64% $6,312
Mr. Cooper ( Nationstar Mortgage ) 50 2.83% $3,788
The Federal Savings Bank 43 2.55% $6,600
Wells Fargo Bank 39 2.49% $4,220
HOME POINT FINANCIAL CORPORATION 38 2.63% $6,299
Gateway First Bank 34 3.02% $8,121
Low VA Rates, LLC 34 2.39% $4,702
FINANCE OF AMERICA MORTGAGE LLC 33 2.91% $8,428
NATION ONE MORTGAGE CORPORATION 33 3.70% $8,788
NEWREZ LLC 33 2.76% $4,548
VILLAGE CAPITAL & INVESTMENT LLC 32 2.41% $3,461
AMERICAN FINANCIAL NETWORK, INC. 31 2.76% $11,065
Prosperity Home Mortgage, LLC 30 2.64% $8,427
ALLIED MORTGAGE GROUP, INC. 28 2.98% $6,457
NFM, INC. 28 2.98% $10,636
NVR Mortgage Finance, Inc. 26 2.78% $7,605
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 25 3.19% $8,783
MORTGAGE ACCESS CORP. 24 2.89% $8,101
Carrington Mortgage Services, LLC 22 3.19% $5,940
GUARANTEED RATE, INC. 22 2.55% $5,963
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 21 3.04% $5,692
PENTAGON FEDERAL CREDIT UNION 20 2.43% $3,330
Barrington Bank & Trust Company, N.A. 18 2.65% $4,021
Paramount Residential Mortgage Group, Inc. 17 3.12% $6,562
BROKER SOLUTIONS, INC. 17 2.63% $6,762
ABSOLUTE HOME MORTGAGE CORPORATION 16 2.78% $10,668
GUARANTEED RATE AFFINITY, LLC 15 2.57% $5,710
Acre Mortgage and Financial Inc 15 3.13% $11,366
Republic Bank 14 2.79% $10,349
PLANET HOME LENDING, LLC 14 2.75% $3,820
North American Savings Bank, F.S.B. 13 2.60% $8,162
AMERISAVE MORTGAGE CORPORATION 13 2.58% $6,984
DHI MORTGAGE COMPANY, LTD. 13 2.65% $8,411
Meridian Bank Corporation 13 2.63% $5,633
InterContinental Capital Group, Inc 13 2.48% $4,616
Citizens Bank 12 2.61% $7,457
ACCELERATE MORTGAGE, LLC 12 2.10% $6,298
MOVEMENT MORTGAGE, LLC 12 2.81% $5,033
Equity Prime Mortgage LLC 11 3.13% $9,814
NP, Inc. 11 2.28% $5,776
Lakeview Community Capital, LLC 11 2.60% $3,429
First Guaranty Mortgage Corporation 11 2.59% $5,339
NBKC BANK 11 2.60% $7,178
US MORTGAGE CORPORATION 10 3.06% $6,810
Northpointe Bank 10 2.75% $6,907
Advisors Mortgage Group, L.L.C. 10 2.70% $10,179
SUN WEST MORTGAGE COMPANY, INC. 9 2.71% $7,770
First Federal Bank 9 2.81% $8,392
CMG MORTGAGE, INC. 9 3.03% $10,197
HOMEBRIDGE FINANCIAL SERVICES, INC. 8 2.75% $8,130
Nations Lending Corporation 8 2.67% $7,467
AmeriHome Mortgage Company, LLC 8 2.84% $2,114
UNION HOME MORTGAGE CORP. 8 2.38% $5,486
Flagstar Bank, FSB 7 2.90% $8,613
EMBRACE HOME LOANS, INC. 7 2.63% $7,566
MUTUAL OF OMAHA MORTGAGE, INC. 7 2.61% $7,285
Mid-Continent Funding, Inc. 7 2.82% $7,012
SOVEREIGN LENDING GROUP INCORPORATED 6 2.55% $3,345
NJ LENDERS CORP. 6 2.75% $13,790
ENVOY MORTGAGE, LTD 6 3.35% $9,978
1st Colonial Community Bank 5 2.78% $9,900
First Home Bank 5 2.80% $6,089
Huntingdon Valley Bank 5 3.15% $6,901
ROUNDPOINT MORTGAGE SERVICING CORPORATION 5 2.90% $8,652
TOWNE MORTGAGE COMPANY 5 2.95% $9,501
Magnolia Bank 4 2.78% $11,196
Keystone Funding, Inc. 4 2.41% $6,482
AMERICAN HERITAGE FCU 4 3.09% $10,123
NETWORK CAPITAL FUNDING CORPORATION 4 2.56% $3,950
FAMILY FIRST FUNDING LLC 4 3.00% $6,283
HOMESIDE FINANCIAL, LLC 4 2.64% $9,366
PHH Mortgage Corporation 4 3.09% $2,756
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 2.81% $16,099
BNC National Bank 4 2.31% $8,688
LOANPAL, LLC 4 2.66% $3,051
Strong Home Mortgage, LLC 4 2.34% $5,049
SUCCESS MORTGAGE PARTNERS, INC. 4 3.28% $8,267
Evesham Mortgage, LLC 3 2.92% $7,454
Princeton Mortgage Corporation 3 2.75% $7,764
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 3.29% $7,087
Credence Funding Corporation 3 2.29% $2,050
CONTOUR MORTGAGE CORPORATION 3 2.67% $6,488
Plains Commerce Bank 3 2.67% $6,280
Wyndham Capital Mortgage, Inc. 3 2.25% $5,101
HOMESPIRE MORTGAGE CORPORATION 3 2.46% $5,953
UNITED MORTGAGE CORP. 3 2.75% $6,953
Summit Mortgage Corporation 3 2.75% $14,295
PLAZA HOME MORTGAGE, INC. 3 2.71% $11,585
West Town Bank & Trust 3 2.83% $4,939
RESIDENTIAL HOME FUNDING CORP. 3 3.00% $9,606
FIRST HOME MORTGAGE CORPORATION 2 2.56% $6,146
Financial Freedom Mortgage, LLC 2 3.13% $7,212
FBC MORTGAGE, LLC 2 2.25% $5,262
PIKE CREEK MORTGAGE SERVICES, INC. 2 3.94% $7,344
BEST CAPITAL FUNDING 2 3.50% $14,110
NATIONWIDE MORTGAGE BANKERS, INC. 2 2.94% $6,715
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 3.00% $4,191
KELLER MORTGAGE, LLC 2 2.75% $16,205
BAYSHORE MORTGAGE FUNDING, LLC 2 2.94% $4,381
Bank of England 2 3.69% $7,848
GENEVA FINANCIAL, LLC 2 2.88% $15,691
DRAPER AND KRAMER MORTGAGE CORP. 2 2.63% $5,284
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 3.44% $5,429
AmRes Corporation 2 2.25% $3,581
CHURCHILL MORTGAGE CORPORATION 2 2.63% $10,738
AMERICAN FINANCIAL RESOURCES, INC. 2 3.56% $8,846
OCMBC, INC. 2 2.94% $6,429
PANORAMA MORTGAGE GROUP, LLC 2 3.06% $11,633
Paramount Bank 2 2.69% $4,405
The Huntington National Bank 1 2.75% $8,242
AMERICAN FINANCING CORPORATION 1 2.50% $4,268
AMERICAN ADVISORS GROUP 1 2.50% $5,038
ACADEMY MORTGAGE CORPORATION 1 2.75% $7,259
Home Mortgage Alliance Corp 1 3.38% $7,505
Home Loan Investment Bank, F.S.B. 1 2.25% $4,394
Truist Bank 1 3.00% $1,938
HOMESTEAD FUNDING CORP. 1 2.38% $1,765
Willamette Valley Bank 1 3.13% $12,094
HARTFORD FUNDING, LTD. 1 3.25% $7,446
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 1 3.75% $15,114
JPMorgan Chase Bank 1 2.75% $2,744
KS StateBank 1 2.25% $1,864
LADERA LENDING, INC. 1 2.50% $3,704
HANSCOM 1 3.00% $2,817
Goldwater Bank, N.A. 1 2.25% $6,474
LEADERONE FINANCIAL CORPORATION 1 2.75% $6,953
LENDUS, LLC 1 2.75% $1,860
LENOX FINANCIAL MORTGAGE CORPORATION 1 2.50% $2,178
Fulton Bank 1 2.25% $5,567
Manufacturers and Traders Trust Company 1 2.63% $2,470
FM Home Loans, LLC 1 2.75% $13,535
MID AMERICA MORTGAGE, INC. 1 2.75% $1,696
Florida Capital Bank 1 2.75% $4,086
MLD MORTGAGE INC. 1 3.38% $4,664
First Savings Bank 1 2.25% $5,441
Mortgage America, Inc. 1 2.75% $9,268
First Mortgage Solutions, LLC 1 2.25% $2,578
Mortgage Unlimited, L.L.C. 1 2.50% $8,143
First Federal Bank of Kansas City 1 2.25% $1,425
EMM LOANS LLC 1 2.38% $3,066
EAGLE HOME MORTGAGE, LLC 1 3.25% $8,337
DEVELOPER'S MORTGAGE COMPANY 1 3.00% $9,976
Community First National Bank 1 3.13% $9,593
NORWICH COMMERCIAL GROUP, INC. 1 2.75% $6,147
CHERRY CREEK MORTGAGE, LLC 1 2.25% $648
CELEBRITY HOME LOANS, LLC 1 2.75% $3,450
Capital Bank 1 2.25% $5,174
Philadelphia Mortgage Advisors, Inc. 1 3.13% $10,017
PNC Bank 1 2.63% $6,012
POLARIS HOME FUNDING CORP. 1 2.75% $3,962
PREMIA MORTGAGE, LLC 1 2.75% $10,297
Prime Choice Funding Inc. 1 2.25% $1,544
Quaint Oak Mortgage, LLC 1 2.88% $8,208
Atlantic Home Loans, Inc. 1 3.25% $5,344
Wilmington Savings Fund Society, FSB 1 3.00% $6,591
Armed Forces Bank 1 2.25% $2,825
SWBC MORTGAGE CORPORATION 1 3.25% $6,252
TD Bank 1 2.75% $2,549
APEX HOME LOANS, INC. 1 2.88% $25

The top Camden VA lender as defined by loan originations is Mortgage Research Center, LLC, with 367 VA loans originated. Their average total fees are $7,090, which is $2,129 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Camden VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,987), FREEDOM MORTGAGE CORPORATION ($3,181), PENTAGON FEDERAL CREDIT UNION ($3,330), Lakeview Community Capital, LLC ($3,429) and VILLAGE CAPITAL & INVESTMENT LLC ($3,461).

The lowest rate Camden VA lenders (with over 10 loans originated) are ACCELERATE MORTGAGE, LLC (2.10%), NP, Inc. (2.28%), CLEARPATH LENDING (2.37%), Low VA Rates, LLC (2.39%) and VILLAGE CAPITAL & INVESTMENT LLC (2.41%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Camden (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 $229,995 (5.0%) $343,281 (3.3%) 0.85 20,339
2018-02-01 $237,000 (7.8%) $345,647 (2.3%) 0.85 20,590
2018-03-01 $240,000 (4.7%) $355,764 (2.7%) 0.83 19,886
2018-04-01 $249,950 (6.4%) $369,050 (3.8%) 0.84 20,785
2018-05-01 $264,500 (8.0%) $383,010 (5.4%) 0.88 21,602
2018-06-01 $269,000 (8.1%) $388,456 (5.5%) 0.90 22,210
2018-07-01 $269,450 (7.8%) $387,880 (6.1%) 0.90 22,358
2018-08-01 $262,450 (5.7%) $382,698 (6.2%) 0.88 22,361
2018-09-01 $262,000 (6.1%) $382,055 (5.6%) 0.88 22,688
2018-10-01 $264,950 (6.0%) $382,170 (4.5%) 0.89 23,033
2018-11-01 $263,522 (8.7%) $379,513 (7.4%) 0.88 22,287
2018-12-01 $254,900 (7.5%) $373,201 (7.6%) 0.87 20,457
2019-01-01 $249,900 (8.7%) $363,923 (6.0%) 0.86 18,903
2019-02-01 $251,500 (6.1%) $368,398 (6.6%) 0.84 18,647
2019-03-01 $265,286 (10.5%) $383,560 (7.8%) 0.86 19,042
2019-04-01 $275,000 (10.0%) $395,831 (7.3%) 0.87 19,536
2019-05-01 $287,950 (8.9%) $406,697 (6.2%) 0.89 20,302
2019-06-01 $289,900 (7.8%) $408,518 (5.2%) 0.89 20,743
2019-07-01 $287,000 (6.5%) $406,737 (4.9%) 0.89 20,591
2019-08-01 $289,286 (10.2%) $409,485 (7.0%) 0.91 19,629
2019-09-01 $297,000 (13.4%) $421,214 (10.3%) 0.94 18,514
2019-10-01 $299,000 (12.9%) $428,117 (12.0%) 0.95 18,561
2019-11-01 $295,000 (12.0%) $423,999 (11.7%) 0.95 17,530
2019-12-01 $287,604 (12.8%) $422,320 (13.2%) 0.96 15,078
2020-01-01 $285,000 (14.1%) $420,342 (15.5%) 0.95 13,657
2020-02-01 $291,900 (16.1%) $433,129 (17.6%) 0.94 13,176
2020-03-01 $299,950 (13.1%) $447,228 (16.6%) 0.94 13,245
2020-04-01 $299,900 (9.1%) $445,648 (12.6%) 0.93 11,986
2020-05-01 $311,131 (8.1%) $454,994 (11.9%) 0.94 12,462
2020-06-01 $327,450 (13.0%) $475,821 (16.5%) 0.96 12,455
2020-07-01 $339,950 (18.5%) $496,733 (22.1%) 0.97 11,429
2020-08-01 $342,900 (18.5%) $506,456 (23.7%) 0.98 10,834
2020-09-01 $343,032 (15.5%) $510,361 (21.2%) 0.98 10,799
2020-10-01 $349,000 (16.7%) $516,866 (20.7%) 1.00 10,808
2020-11-01 $339,500 (15.1%) $512,902 (21.0%) 0.97 10,399
2020-12-01 $327,000 (13.7%) $505,018 (19.6%) 0.96 9,091
2021-01-01 $324,000 (13.7%) $507,994 (20.9%) 0.95 7,911
2021-02-01 $322,450 (10.5%) $518,908 (19.8%) 0.93 7,113
2021-03-01 $325,000 (8.4%) $529,998 (18.5%) 0.91 7,227
2021-04-01 $339,450 (13.2%) $546,861 (22.7%) 0.91 7,574
2021-05-01 $339,900 (9.3%) $526,530 (15.7%) 0.89 8,161
2021-06-01 $334,900 (2.3%) $504,213 (6.0%) 0.87 9,826
2021-07-01 $325,000 (-4.4%) $490,693 (-1.2%) 0.84 10,530
2021-08-01 $320,000 (-6.7%) $473,091 (-6.6%) 0.84 10,911
2021-09-01 $319,950 (-6.7%) $470,053 (-7.9%) 0.84 10,970
2021-10-01 $319,999 (-8.3%) $472,739 (-8.5%) 0.84 10,623
2021-11-01 $312,450 (-8.0%) $472,371 (-7.9%) 0.82 9,729
2021-12-01 $299,950 (-8.3%) $468,154 (-7.3%) 0.80 8,358
2022-01-01 $299,900 (-7.4%) $479,692 (-5.6%) 0.80 6,917
Camden's median listing price for 2022-01-01 was $299,900, a difference of $-24,100 (-7.4%) versus the prior year and $-50 versus the prior month.

Camden's median listing price comes in at 80% of the national average.

Camden's average listing price for 2022-01-01 was $479,692, a difference of $-28,302 (-5.6%) versus the prior year and $11,538 versus the prior month.

For the 2022-01-01 period, Camden had 6,917 MLS listings, a difference of -1,441 listings (-17%) versus the prior month and -994 listings (-13%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Camden (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 87 days 1,700 sqft
2018-02-01 80 days 1,702 sqft
2018-03-01 59 days 1,714 sqft
2018-04-01 55 days 1,749 sqft
2018-05-01 52 days 1,795 sqft
2018-06-01 53 days 1,820 sqft
2018-07-01 60 days 1,824 sqft
2018-08-01 63 days 1,803 sqft
2018-09-01 64 days 1,800 sqft
2018-10-01 64 days 1,800 sqft
2018-11-01 66 days 1,800 sqft
2018-12-01 75 days 1,780 sqft
2019-01-01 83 days 1,806 sqft
2019-02-01 79 days 1,853 sqft
2019-03-01 57 days 1,853 sqft
2019-04-01 49 days 1,853 sqft
2019-05-01 48 days 1,878 sqft
2019-06-01 52 days 1,884 sqft
2019-07-01 59 days 1,860 sqft
2019-08-01 63 days 1,864 sqft
2019-09-01 63 days 1,892 sqft
2019-10-01 61 days 1,890 sqft
2019-11-01 64 days 1,853 sqft
2019-12-01 75 days 1,832 sqft
2020-01-01 82 days 1,800 sqft
2020-02-01 69 days 1,825 sqft
2020-03-01 49 days 1,849 sqft
2020-04-01 62 days 1,831 sqft
2020-05-01 73 days 1,864 sqft
2020-06-01 59 days 1,885 sqft
2020-07-01 46 days 1,879 sqft
2020-08-01 45 days 1,850 sqft
2020-09-01 43 days 1,797 sqft
2020-10-01 48 days 1,786 sqft
2020-11-01 52 days 1,745 sqft
2020-12-01 61 days 1,688 sqft
2021-01-01 70 days 1,643 sqft
2021-02-01 65 days 1,618 sqft
2021-03-01 48 days 1,628 sqft
2021-04-01 40 days 1,663 sqft
2021-05-01 38 days 1,680 sqft
2021-06-01 37 days 1,671 sqft
2021-07-01 41 days 1,655 sqft
2021-08-01 43 days 1,625 sqft
2021-09-01 47 days 1,605 sqft
2021-10-01 49 days 1,598 sqft
2021-11-01 51 days 1,558 sqft
2021-12-01 58 days 1,533 sqft
2022-01-01 65 days 1,508 sqft
Camden's median listing age (time on market) for 2022-01-01 was 65 days. This is -7% shorter than the same period one year ago.

Camden's median square footage for active listings during the 2022-01-01 period was 1,508 sqft. One year prior, the average listing was 1,643 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.