Charlotte VA Loan Rates, Closing Costs & Stats
CHARLOTTE-CONCORD-GASTONIA, NC-SC
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.
Charlotte's 208 lenders originated 4,602 VA loans during 2024. The total origination value was $1,864,400,000, with an average VA loan value of $405,128.
Charlotte VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Charlotte
averaged
7.04%
for the week of 2025-05-23, compared to the national average (all VA variants) of
6.52% for the same period.
Charlotte's average VA mortgage closing costs are $6,641.
The average rate for the prior week (2025-05-16) was
6.53% and
one month ago for the week of 2025-04-18, the
average rate was 6.8%.
The average rate one year ago was 6.81%.
For refis of the same type during the week of 2025-05-23, the average rate
was 6.65%.
Charlotte 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 Charlotte level.
The top Charlotte VA lender as defined by loan originations is Mortgage Research Center, LLC, with
539 VA loans originated. Their average total fees are
$6,977, which is $2,861
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Charlotte VA lenders (with over 10 loans originated) are
INSPIRE HOME LOANS INC. ($4,244), DHI MORTGAGE COMPANY, LTD. ($4,502), PULTE MORTGAGE LLC ($4,506), EAGLE HOME MORTGAGE, LLC ($4,571) and NAVY FEDERAL CREDIT UNION ($4,738).
The lowest rate Charlotte VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.21%), INSPIRE HOME LOANS INC. (5.50%), PENNYMAC LOAN SERVICES, LLC (5.57%), MATTAMY HOME FUNDING, LLC (5.72%) and LAKEVIEW LOAN SERVICING, LLC (5.74%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Charlotte (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 | $337,400 (8.9%) | $436,925 (7.7%) | 1.25 | 6,852 |
| 2018-02-01 | $338,500 (6.5%) | $442,752 (6.0%) | 1.23 | 6,887 |
| 2018-03-01 | $349,000 (5.8%) | $452,250 (4.6%) | 1.22 | 7,186 |
| 2018-04-01 | $352,908 (3.8%) | $463,116 (4.3%) | 1.20 | 7,503 |
| 2018-05-01 | $354,660 (2.1%) | $468,278 (3.4%) | 1.18 | 7,948 |
| 2018-06-01 | $352,498 (1.2%) | $464,257 (1.8%) | 1.18 | 8,422 |
| 2018-07-01 | $347,000 (0.6%) | $453,436 (0.7%) | 1.16 | 8,766 |
| 2018-08-01 | $340,000 (0.2%) | $445,788 (1.1%) | 1.14 | 8,906 |
| 2018-09-01 | $339,900 (0.7%) | $443,553 (1.2%) | 1.14 | 8,963 |
| 2018-10-01 | $333,950 (-1.2%) | $436,161 (-0.7%) | 1.13 | 9,029 |
| 2018-11-01 | $329,950 (-0.9%) | $432,722 (-0.3%) | 1.12 | 8,850 |
| 2018-12-01 | $325,000 (-2.0%) | $428,622 (-0.6%) | 1.12 | 8,315 |
| 2019-01-01 | $325,000 (-3.7%) | $429,035 (-1.8%) | 1.12 | 7,887 |
| 2019-02-01 | $329,862 (-2.6%) | $439,769 (-0.7%) | 1.11 | 7,887 |
| 2019-03-01 | $341,329 (-2.2%) | $461,640 (2.1%) | 1.12 | 7,936 |
| 2019-04-01 | $349,950 (-0.8%) | $475,112 (2.6%) | 1.11 | 8,119 |
| 2019-05-01 | $355,750 (0.3%) | $478,617 (2.2%) | 1.11 | 8,345 |
| 2019-06-01 | $358,000 (1.6%) | $478,016 (3.0%) | 1.12 | 8,498 |
| 2019-07-01 | $349,938 (0.9%) | $457,855 (1.0%) | 1.10 | 8,509 |
| 2019-08-01 | $345,100 (1.5%) | $455,360 (2.2%) | 1.09 | 8,486 |
| 2019-09-01 | $339,419 (-0.1%) | $457,354 (3.1%) | 1.09 | 8,400 |
| 2019-10-01 | $335,631 (0.5%) | $449,782 (3.1%) | 1.08 | 8,306 |
| 2019-11-01 | $334,735 (1.5%) | $435,665 (0.7%) | 1.10 | 7,815 |
| 2019-12-01 | $335,882 (3.4%) | $437,118 (2.0%) | 1.12 | 6,997 |
| 2020-01-01 | $336,650 (3.6%) | $443,620 (3.4%) | 1.13 | 6,363 |
| 2020-02-01 | $340,900 (3.4%) | $460,632 (4.7%) | 1.12 | 5,750 |
| 2020-03-01 | $349,950 (2.5%) | $478,124 (3.6%) | 1.10 | 5,977 |
| 2020-04-01 | $340,500 (-2.7%) | $459,847 (-3.2%) | 1.07 | 6,502 |
| 2020-05-01 | $352,975 (-0.8%) | $485,048 (1.3%) | 1.07 | 6,266 |
| 2020-06-01 | $367,430 (2.6%) | $509,490 (6.6%) | 1.08 | 5,334 |
| 2020-07-01 | $369,450 (5.6%) | $513,583 (12.2%) | 1.07 | 4,733 |
| 2020-08-01 | $369,900 (7.2%) | $516,261 (13.4%) | 1.06 | 4,559 |
| 2020-09-01 | $373,591 (10.1%) | $520,552 (13.8%) | 1.07 | 4,442 |
| 2020-10-01 | $368,732 (9.9%) | $516,090 (14.7%) | 1.06 | 4,333 |
| 2020-11-01 | $374,950 (12.0%) | $520,068 (19.4%) | 1.10 | 4,042 |
| 2020-12-01 | $372,244 (10.8%) | $513,485 (17.5%) | 1.11 | 3,532 |
| 2021-01-01 | $367,500 (9.2%) | $508,713 (14.7%) | 1.10 | 3,036 |
| 2021-02-01 | $362,500 (6.3%) | $511,186 (11.0%) | 1.06 | 2,639 |
| 2021-03-01 | $375,079 (7.2%) | $545,249 (14.0%) | 1.06 | 2,330 |
| 2021-04-01 | $385,000 (13.1%) | $554,142 (20.5%) | 1.04 | 2,312 |
| 2021-05-01 | $389,000 (10.2%) | $550,274 (13.5%) | 1.03 | 2,457 |
| 2021-06-01 | $388,770 (5.8%) | $541,856 (6.4%) | 1.02 | 2,784 |
| 2021-07-01 | $385,983 (4.5%) | $527,944 (2.8%) | 1.02 | 3,060 |
| 2021-08-01 | $388,044 (4.9%) | $517,015 (0.2%) | 1.03 | 3,243 |
| 2021-09-01 | $389,180 (4.2%) | $524,253 (0.7%) | 1.04 | 3,270 |
| 2021-10-01 | $398,400 (8.1%) | $525,226 (1.8%) | 1.06 | 3,216 |
| 2021-11-01 | $399,250 (6.5%) | $521,501 (0.3%) | 1.07 | 3,030 |
| 2021-12-01 | $392,000 (5.3%) | $519,994 (1.3%) | 1.06 | 2,549 |
| 2022-01-01 | $399,500 (8.7%) | $529,121 (4.0%) | 1.08 | 2,097 |
| 2022-02-01 | $398,000 (9.8%) | $550,148 (7.6%) | 1.04 | 1,801 |
| 2022-03-01 | $404,000 (7.7%) | $559,327 (2.6%) | 1.01 | 1,894 |
| 2022-04-01 | $415,000 (7.8%) | $582,518 (5.1%) | 0.99 | 2,133 |
| 2022-05-01 | $432,474 (11.2%) | $597,038 (8.5%) | 0.99 | 2,879 |
| 2022-06-01 | $445,450 (14.6%) | $597,243 (10.2%) | 0.99 | 3,649 |
| 2022-07-01 | $432,000 (11.9%) | $578,406 (9.6%) | 0.97 | 4,964 |
| 2022-08-01 | $425,000 (9.5%) | $567,924 (9.9%) | 0.98 | 5,334 |
| 2022-09-01 | $420,500 (8.1%) | $567,757 (8.3%) | 0.98 | 5,391 |
| 2022-10-01 | $415,000 (4.2%) | $552,120 (5.1%) | 0.98 | 5,672 |
| 2022-11-01 | $403,923 (1.2%) | $540,255 (3.6%) | 0.97 | 5,925 |
| 2022-12-01 | $396,795 (1.2%) | $528,064 (1.6%) | 0.98 | 5,429 |
| 2023-01-01 | $395,000 (-1.1%) | $528,793 (-0.1%) | 0.98 | 4,916 |
| 2023-02-01 | $397,324 (-0.2%) | $540,358 (-1.8%) | 0.96 | 4,367 |
| 2023-03-01 | $401,784 (-0.6%) | $556,878 (-0.4%) | 0.95 | 4,088 |
| 2023-04-01 | $425,000 (2.4%) | $590,203 (1.3%) | 0.99 | 4,010 |
| 2023-05-01 | $434,881 (0.6%) | $624,514 (4.6%) | 0.99 | 3,964 |
| 2023-06-01 | $440,725 (-1.1%) | $642,110 (7.5%) | 0.99 | 4,109 |
| 2023-07-01 | $439,900 (1.8%) | $635,874 (9.9%) | 1.00 | 4,234 |
| 2023-08-01 | $429,736 (1.1%) | $620,073 (9.2%) | 0.99 | 4,400 |
| 2023-09-01 | $425,000 (1.1%) | $618,632 (9.0%) | 0.99 | 4,628 |
| 2023-10-01 | $420,945 (1.4%) | $601,747 (9.0%) | 0.99 | 5,105 |
| 2023-11-01 | $414,945 (2.7%) | $587,819 (8.8%) | 0.99 | 5,284 |
| 2023-12-01 | $400,000 (0.8%) | $572,924 (8.5%) | 0.98 | 5,014 |
| 2024-01-01 | $400,000 (1.3%) | $576,167 (9.0%) | 0.98 | 4,621 |
| 2024-02-01 | $400,000 (0.7%) | $590,764 (9.3%) | 0.96 | 4,563 |
| 2024-03-01 | $411,000 (2.3%) | $597,183 (7.2%) | 0.97 | 4,896 |
| 2024-04-01 | $422,450 (-0.6%) | $623,511 (5.6%) | 0.98 | 5,287 |
| 2024-05-01 | $435,000 (0.0%) | $643,778 (3.1%) | 0.99 | 5,642 |
| 2024-06-01 | $440,000 (-0.2%) | $643,094 (0.2%) | 1.00 | 6,127 |
| 2024-07-01 | $439,000 (-0.2%) | $624,560 (-1.8%) | 1.00 | 6,752 |
| 2024-08-01 | $435,000 (1.2%) | $621,049 (0.2%) | 1.01 | 7,146 |
| 2024-09-01 | $430,000 (1.2%) | $615,857 (-0.5%) | 1.01 | 7,451 |
| 2024-10-01 | $429,947 (2.1%) | $603,537 (0.3%) | 1.01 | 7,456 |
| 2024-11-01 | $428,750 (3.3%) | $598,623 (1.8%) | 1.03 | 7,268 |
| 2024-12-01 | $422,450 (5.6%) | $583,462 (1.8%) | 1.05 | 6,698 |
| 2025-01-01 | $420,000 (5.0%) | $576,435 (0.1%) | 1.05 | 6,379 |
| 2025-02-01 | $419,475 (4.9%) | $570,421 (-3.4%) | 1.02 | 6,647 |
| 2025-03-01 | $425,000 (3.4%) | $590,574 (-1.1%) | 1.00 | 7,219 |
| 2025-04-01 | $439,500 (4.0%) | $613,193 (-1.7%) | 1.02 | 8,088 |
Charlotte's median listing price comes in at 102% of the national average.
Charlotte's average listing price for 2025-04-01 was $613,193, a difference of $-10,318 (-1.7%) versus the prior year and $22,619 versus the prior month.
For the 2025-04-01 period, Charlotte had 8,088 MLS listings, a difference of 869 listings (12%) versus the prior month and 2,801 listings (53%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Charlotte (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 79 days | 2,575 sqft |
| 2018-02-01 | 69 days | 2,556 sqft |
| 2018-03-01 | 46 days | 2,622 sqft |
| 2018-04-01 | 45 days | 2,639 sqft |
| 2018-05-01 | 45 days | 2,650 sqft |
| 2018-06-01 | 46 days | 2,650 sqft |
| 2018-07-01 | 50 days | 2,601 sqft |
| 2018-08-01 | 51 days | 2,560 sqft |
| 2018-09-01 | 56 days | 2,540 sqft |
| 2018-10-01 | 59 days | 2,500 sqft |
| 2018-11-01 | 59 days | 2,467 sqft |
| 2018-12-01 | 65 days | 2,432 sqft |
| 2019-01-01 | 72 days | 2,415 sqft |
| 2019-02-01 | 63 days | 2,423 sqft |
| 2019-03-01 | 51 days | 2,480 sqft |
| 2019-04-01 | 46 days | 2,518 sqft |
| 2019-05-01 | 46 days | 2,557 sqft |
| 2019-06-01 | 47 days | 2,546 sqft |
| 2019-07-01 | 50 days | 2,481 sqft |
| 2019-08-01 | 50 days | 2,435 sqft |
| 2019-09-01 | 52 days | 2,406 sqft |
| 2019-10-01 | 53 days | 2,387 sqft |
| 2019-11-01 | 56 days | 2,362 sqft |
| 2019-12-01 | 64 days | 2,359 sqft |
| 2020-01-01 | 70 days | 2,334 sqft |
| 2020-02-01 | 57 days | 2,356 sqft |
| 2020-03-01 | 38 days | 2,388 sqft |
| 2020-04-01 | 41 days | 2,327 sqft |
| 2020-05-01 | 52 days | 2,409 sqft |
| 2020-06-01 | 45 days | 2,437 sqft |
| 2020-07-01 | 42 days | 2,424 sqft |
| 2020-08-01 | 37 days | 2,384 sqft |
| 2020-09-01 | 33 days | 2,356 sqft |
| 2020-10-01 | 35 days | 2,278 sqft |
| 2020-11-01 | 41 days | 2,236 sqft |
| 2020-12-01 | 47 days | 2,194 sqft |
| 2021-01-01 | 47 days | 2,190 sqft |
| 2021-02-01 | 30 days | 2,056 sqft |
| 2021-03-01 | 28 days | 2,076 sqft |
| 2021-04-01 | 25 days | 2,096 sqft |
| 2021-05-01 | 22 days | 2,109 sqft |
| 2021-06-01 | 22 days | 2,086 sqft |
| 2021-07-01 | 24 days | 2,058 sqft |
| 2021-08-01 | 25 days | 2,047 sqft |
| 2021-09-01 | 28 days | 2,060 sqft |
| 2021-10-01 | 30 days | 2,046 sqft |
| 2021-11-01 | 31 days | 2,041 sqft |
| 2021-12-01 | 38 days | 1,985 sqft |
| 2022-01-01 | 39 days | 1,986 sqft |
| 2022-02-01 | 26 days | 1,961 sqft |
| 2022-03-01 | 17 days | 1,978 sqft |
| 2022-04-01 | 17 days | 1,994 sqft |
| 2022-05-01 | 20 days | 2,045 sqft |
| 2022-06-01 | 26 days | 2,105 sqft |
| 2022-07-01 | 30 days | 2,085 sqft |
| 2022-08-01 | 36 days | 2,083 sqft |
| 2022-09-01 | 43 days | 2,080 sqft |
| 2022-10-01 | 44 days | 2,048 sqft |
| 2022-11-01 | 47 days | 2,017 sqft |
| 2022-12-01 | 57 days | 1,960 sqft |
| 2023-01-01 | 67 days | 1,939 sqft |
| 2023-02-01 | 55 days | 1,951 sqft |
| 2023-03-01 | 42 days | 1,968 sqft |
| 2023-04-01 | 39 days | 2,016 sqft |
| 2023-05-01 | 39 days | 2,056 sqft |
| 2023-06-01 | 38 days | 2,078 sqft |
| 2023-07-01 | 39 days | 2,089 sqft |
| 2023-08-01 | 38 days | 2,050 sqft |
| 2023-09-01 | 40 days | 2,031 sqft |
| 2023-10-01 | 39 days | 2,000 sqft |
| 2023-11-01 | 43 days | 1,946 sqft |
| 2023-12-01 | 53 days | 1,911 sqft |
| 2024-01-01 | 59 days | 1,890 sqft |
| 2024-02-01 | 45 days | 1,886 sqft |
| 2024-03-01 | 38 days | 1,918 sqft |
| 2024-04-01 | 37 days | 1,952 sqft |
| 2024-05-01 | 35 days | 2,020 sqft |
| 2024-06-01 | 40 days | 2,023 sqft |
| 2024-07-01 | 41 days | 2,015 sqft |
| 2024-08-01 | 44 days | 2,025 sqft |
| 2024-09-01 | 48 days | 2,011 sqft |
| 2024-10-01 | 53 days | 1,991 sqft |
| 2024-11-01 | 55 days | 1,961 sqft |
| 2024-12-01 | 63 days | 1,929 sqft |
| 2025-01-01 | 67 days | 1,918 sqft |
| 2025-02-01 | 56 days | 1,904 sqft |
| 2025-03-01 | 43 days | 1,925 sqft |
| 2025-04-01 | 42 days | 1,982 sqft |
Charlotte's median square footage for active listings during the 2025-04-01 period was 1,982 sqft. One year prior, the average listing was 1,952 sqft.