Camden VA Loan Rates, Closing Costs & Stats

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 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.

Camden VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Camden averaged 0% for the week of 2024-02-23, compared to the national average (all VA variants) of 0% for the same period.

Camden's average VA mortgage closing costs are $0.

The average rate for the prior week (2024-02-16) was 0% and one month ago for the week of 2024-01-19, the average rate was 0%.

The average rate one year ago was 0%.

For refis of the same type during the week of 2024-02-23, the average rate was 0%.

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

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs

The lowest fee Camden VA lenders (with over 10 loans originated) are .

The lowest rate Camden VA lenders (with over 10 loans originated) are .


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%) $343,148 (3.1%) 0.85 20,091
2018-02-01 $236,495 (7.5%) $345,641 (2.6%) 0.86 20,324
2018-03-01 $240,000 (5.2%) $355,372 (2.9%) 0.84 19,664
2018-04-01 $249,950 (6.4%) $368,667 (4.1%) 0.85 20,536
2018-05-01 $264,500 (8.2%) $382,305 (5.4%) 0.88 21,369
2018-06-01 $269,000 (8.7%) $388,007 (5.6%) 0.90 21,956
2018-07-01 $269,900 (8.2%) $387,673 (6.0%) 0.90 22,046
2018-08-01 $262,450 (5.8%) $381,803 (5.9%) 0.88 22,059
2018-09-01 $260,000 (5.3%) $381,222 (5.3%) 0.87 22,372
2018-10-01 $264,900 (6.0%) $381,630 (4.2%) 0.90 22,719
2018-11-01 $262,000 (8.1%) $378,883 (7.1%) 0.89 21,974
2018-12-01 $252,950 (6.3%) $372,337 (7.1%) 0.87 20,169
2019-01-01 $249,900 (8.7%) $362,674 (5.7%) 0.86 18,670
2019-02-01 $250,000 (5.7%) $367,914 (6.4%) 0.84 18,442
2019-03-01 $263,571 (9.8%) $382,802 (7.7%) 0.86 18,991
2019-04-01 $275,000 (10.0%) $395,384 (7.3%) 0.87 19,615
2019-05-01 $285,275 (7.9%) $405,589 (6.1%) 0.89 20,163
2019-06-01 $289,900 (7.8%) $407,178 (4.9%) 0.91 20,609
2019-07-01 $286,000 (6.0%) $404,857 (4.4%) 0.90 20,476
2019-08-01 $288,811 (10.0%) $407,988 (6.9%) 0.91 19,922
2019-09-01 $294,542 (13.3%) $417,180 (9.4%) 0.94 19,184
2019-10-01 $298,363 (12.6%) $424,153 (11.1%) 0.96 18,547
2019-11-01 $294,800 (12.5%) $421,606 (11.3%) 0.97 17,424
2019-12-01 $285,495 (12.9%) $419,734 (12.7%) 0.95 15,070
2020-01-01 $284,448 (13.8%) $417,078 (15.0%) 0.95 13,599
2020-02-01 $289,986 (16.0%) $430,008 (16.9%) 0.95 13,201
2020-03-01 $299,950 (13.8%) $443,288 (15.8%) 0.94 13,324
2020-04-01 $299,900 (9.1%) $442,711 (12.0%) 0.94 11,889
2020-05-01 $309,945 (8.7%) $451,578 (11.3%) 0.94 12,389
2020-06-01 $327,450 (13.0%) $472,121 (16.0%) 0.96 12,509
2020-07-01 $339,900 (18.9%) $495,413 (22.4%) 0.99 11,427
2020-08-01 $339,900 (17.7%) $503,338 (23.4%) 0.97 10,853
2020-09-01 $339,950 (15.4%) $506,058 (21.3%) 0.97 10,877
2020-10-01 $344,900 (15.6%) $514,093 (21.2%) 0.99 10,827
2020-11-01 $337,450 (14.5%) $509,052 (20.7%) 0.99 10,406
2020-12-01 $325,000 (13.8%) $499,138 (18.9%) 0.97 9,098
2021-01-01 $320,000 (12.5%) $500,475 (20.0%) 0.96 7,975
2021-02-01 $320,000 (10.4%) $512,115 (19.1%) 0.93 7,133
2021-03-01 $325,000 (8.4%) $521,990 (17.8%) 0.92 7,273
2021-04-01 $336,450 (12.2%) $537,418 (21.4%) 0.91 7,632
2021-05-01 $339,000 (9.4%) $524,162 (16.1%) 0.90 8,302
2021-06-01 $330,000 (0.8%) $501,219 (6.2%) 0.87 9,874
2021-07-01 $325,000 (-4.4%) $483,789 (-2.4%) 0.86 10,683
2021-08-01 $319,900 (-5.9%) $470,989 (-6.4%) 0.85 10,997
2021-09-01 $319,500 (-6.0%) $468,032 (-7.5%) 0.85 11,020
2021-10-01 $319,900 (-7.3%) $470,906 (-8.4%) 0.85 10,709
2021-11-01 $311,200 (-7.8%) $469,869 (-7.7%) 0.83 9,790
2021-12-01 $299,950 (-7.7%) $465,523 (-6.7%) 0.81 8,423
2022-01-01 $299,900 (-6.3%) $476,101 (-4.9%) 0.81 6,980
2022-02-01 $299,950 (-6.3%) $485,606 (-5.2%) 0.78 6,569
2022-03-01 $312,125 (-4.0%) $495,502 (-5.1%) 0.78 6,933
2022-04-01 $325,000 (-3.4%) $500,971 (-6.8%) 0.77 7,331
2022-05-01 $339,950 (0.3%) $505,725 (-3.5%) 0.78 8,561
2022-06-01 $348,900 (5.7%) $504,160 (0.6%) 0.78 9,672
2022-07-01 $345,000 (6.2%) $499,486 (3.2%) 0.78 10,801
2022-08-01 $339,450 (6.1%) $495,209 (5.1%) 0.78 10,790
2022-09-01 $335,000 (4.9%) $495,062 (5.8%) 0.78 10,749
2022-10-01 $335,000 (4.7%) $498,370 (5.8%) 0.79 11,162
2022-11-01 $331,450 (6.5%) $497,789 (5.9%) 0.80 11,004
2022-12-01 $325,000 (8.4%) $492,295 (5.8%) 0.80 9,606
2023-01-01 $322,000 (7.4%) $496,357 (4.3%) 0.80 8,730
2023-02-01 $322,450 (7.5%) $510,642 (5.2%) 0.78 8,088
2023-03-01 $328,450 (5.2%) $516,575 (4.3%) 0.77 7,967
2023-04-01 $339,640 (4.5%) $538,707 (7.5%) 0.79 8,053
2023-05-01 $349,450 (2.8%) $544,226 (7.6%) 0.79 8,047
2023-06-01 $354,950 (1.7%) $560,838 (11.2%) 0.80 8,318
2023-07-01 $350,000 (1.5%) $553,808 (10.9%) 0.80 8,348
2023-08-01 $350,000 (3.1%) $543,128 (9.7%) 0.80 8,555
2023-09-01 $350,000 (4.5%) $541,242 (9.3%) 0.81 9,092
2023-10-01 $350,000 (4.5%) $543,703 (9.1%) 0.82 9,607
2023-11-01 $349,900 (5.6%) $536,853 (7.9%) 0.83 9,708
2023-12-01 $340,000 (4.6%) $531,015 (7.9%) 0.83 8,879
Camden's median listing price for 2023-12-01 was $340,000, a difference of $15,000 (4.6%) versus the prior year and $-9,900 versus the prior month.

Camden's median listing price comes in at 83% of the national average.

Camden's average listing price for 2023-12-01 was $531,015, a difference of $38,720 (7.9%) versus the prior year and $-5,838 versus the prior month.

For the 2023-12-01 period, Camden had 8,879 MLS listings, a difference of -829 listings (-9%) versus the prior month and -727 listings (-8%) 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 81 days 1,700 sqft
2018-02-01 73 days 1,705 sqft
2018-03-01 54 days 1,718 sqft
2018-04-01 52 days 1,755 sqft
2018-05-01 48 days 1,800 sqft
2018-06-01 51 days 1,825 sqft
2018-07-01 57 days 1,826 sqft
2018-08-01 59 days 1,804 sqft
2018-09-01 60 days 1,800 sqft
2018-10-01 60 days 1,800 sqft
2018-11-01 63 days 1,800 sqft
2018-12-01 72 days 1,762 sqft
2019-01-01 79 days 1,751 sqft
2019-02-01 72 days 1,772 sqft
2019-03-01 58 days 1,803 sqft
2019-04-01 46 days 1,829 sqft
2019-05-01 45 days 1,862 sqft
2019-06-01 50 days 1,876 sqft
2019-07-01 57 days 1,855 sqft
2019-08-01 57 days 1,858 sqft
2019-09-01 58 days 1,875 sqft
2019-10-01 58 days 1,884 sqft
2019-11-01 61 days 1,850 sqft
2019-12-01 73 days 1,827 sqft
2020-01-01 79 days 1,800 sqft
2020-02-01 62 days 1,825 sqft
2020-03-01 45 days 1,846 sqft
2020-04-01 58 days 1,829 sqft
2020-05-01 71 days 1,860 sqft
2020-06-01 53 days 1,882 sqft
2020-07-01 43 days 1,875 sqft
2020-08-01 40 days 1,848 sqft
2020-09-01 39 days 1,792 sqft
2020-10-01 45 days 1,776 sqft
2020-11-01 49 days 1,740 sqft
2020-12-01 58 days 1,686 sqft
2021-01-01 64 days 1,635 sqft
2021-02-01 56 days 1,611 sqft
2021-03-01 42 days 1,624 sqft
2021-04-01 35 days 1,659 sqft
2021-05-01 32 days 1,675 sqft
2021-06-01 33 days 1,668 sqft
2021-07-01 37 days 1,650 sqft
2021-08-01 41 days 1,624 sqft
2021-09-01 45 days 1,602 sqft
2021-10-01 45 days 1,598 sqft
2021-11-01 49 days 1,558 sqft
2021-12-01 56 days 1,530 sqft
2022-01-01 61 days 1,504 sqft
2022-02-01 49 days 1,516 sqft
2022-03-01 35 days 1,536 sqft
2022-04-01 33 days 1,545 sqft
2022-05-01 32 days 1,597 sqft
2022-06-01 35 days 1,644 sqft
2022-07-01 38 days 1,620 sqft
2022-08-01 44 days 1,591 sqft
2022-09-01 49 days 1,586 sqft
2022-10-01 49 days 1,598 sqft
2022-11-01 52 days 1,589 sqft
2022-12-01 61 days 1,562 sqft
2023-01-01 67 days 1,546 sqft
2023-02-01 63 days 1,545 sqft
2023-03-01 50 days 1,556 sqft
2023-04-01 44 days 1,562 sqft
2023-05-01 44 days 1,591 sqft
2023-06-01 45 days 1,629 sqft
2023-07-01 45 days 1,619 sqft
2023-08-01 45 days 1,595 sqft
2023-09-01 45 days 1,578 sqft
2023-10-01 44 days 1,597 sqft
2023-11-01 46 days 1,574 sqft
2023-12-01 56 days 1,541 sqft
Camden's median listing age (time on market) for 2023-12-01 was 56 days. This is -8% shorter than the same period one year ago.

Camden's median square footage for active listings during the 2023-12-01 period was 1,541 sqft. One year prior, the average listing was 1,562 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.