Camden VA Loans

CAMDEN, NJ

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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 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.