Clarksville VA Loan Rates, Closing Costs & Stats

CLARKSVILLE, TN-KY

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets

    • 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.

    Clarksville's 159 lenders originated 3,303 VA loans during 2023. The total origination value was $1,029,095,000, with an average VA loan value of $311,564.

    Clarksville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Clarksville averaged 6.25% for the week of 2024-07-19, compared to the national average (all VA variants) of 6.303% for the same period.

    Clarksville's average VA mortgage closing costs are $5,982.

    The average rate for the prior week (2024-07-12) was 6.29% and one month ago for the week of 2024-06-14, the average rate was 6.25%.

    The average rate one year ago was 6.54%.

    For refis of the same type during the week of 2024-07-19, the average rate was 6.59%.

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

    Clarksville 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 Clarksville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 949 6.21% $6,518
    GUARANTEED RATE, INC. 217 6.14% $5,978
    UNITED WHOLESALE MORTGAGE, LLC 200 6.23% $8,406
    QUICKEN LOANS, LLC 123 6.18% $10,663
    F&M Bank 115 5.87% $11,542
    NAVY FEDERAL CREDIT UNION 115 5.73% $7,238
    PENNYMAC LOAN SERVICES, LLC 105 5.70% $9,567
    FIRST COMMUNITY MORTGAGE, INC. 67 6.00% $11,868
    FREEDOM MORTGAGE CORPORATION 65 6.47% $12,462
    CROSSCOUNTRY MORTGAGE, LLC 59 6.66% $7,256
    Flagstar Bank, FSB 58 6.53% $9,308
    PENTAGON FEDERAL CREDIT UNION 52 5.52% $11,457
    USAA Federal Savings Bank 50 6.13% $10,509
    BROKER SOLUTIONS, INC. 48 6.39% $10,286
    STOCKTON MORTGAGE CORPORATION 41 6.36% $9,526
    THRIVE MORTGAGE, LLC 38 6.25% $10,098
    CMG MORTGAGE, INC. 36 6.51% $13,173
    NEW DAY FINANCIAL, LLC 34 7.33% $13,318
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 31 6.14% $7,055
    U.S. Bank 29 6.04% $9,737
    LOANDEPOT.COM, LLC 29 6.13% $12,405
    Legends Bank 29 6.19% $12,755
    HOMESIDE FINANCIAL, LLC 28 6.27% $6,218
    SWBC MORTGAGE CORPORATION 25 6.16% $7,449
    Mr. Cooper ( Nationstar Mortgage ) 25 5.84% $13,475
    MORTGAGE SOLUTIONS OF COLORADO, LLC 24 7.52% $2,631
    MOVEMENT MORTGAGE, LLC 23 6.33% $11,722
    The Federal Savings Bank 22 6.31% $16,578
    AMERICAN PACIFIC MORTGAGE CORPORATION 20 6.28% $12,139
    CARDINAL FINANCIAL 18 6.12% $12,922
    VILLAGE CAPITAL MORTGAGE 17 6.17% $10,564
    COMMUNITY MORTGAGE CORPORATION 17 5.55% $13,531
    VAN DYK MORTGAGE CORPORATION 16 6.38% $7,103
    MUTUAL OF OMAHA MORTGAGE, INC. 14 6.50% $9,927
    GERSHMAN INVESTMENT CORP. 12 6.66% $8,369
    PLANET HOME LENDING, LLC 12 5.86% $10,489
    AMERISAVE MORTGAGE CORPORATION 12 5.70% $15,678
    Plains Commerce Bank 11 5.90% $10,825
    NEWREZ LLC 10 6.60% $9,359
    Mid-Continent Funding, Inc. 9 6.43% $10,703
    First Federal Bank 8 6.22% $8,851
    Fortera Federal Credit Union 8 6.63% $4,287
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.23% $10,515
    Legacy Home Loans, LLC 7 6.62% $11,542
    Century Mortgage Company DBA Century Lending Company 7 6.27% $8,539
    ROSS MORTGAGE CORPORATION 7 6.77% $11,032
    GoPrime Mortgage, Inc. 6 6.48% $7,984
    Carrington Mortgage Services, LLC 6 5.25% $4,430
    Nations Lending Corporation 6 6.33% $8,712
    CHURCHILL MORTGAGE CORPORATION 6 6.42% $9,064
    NBKC BANK 6 5.90% $7,935
    Magnolia Bank 6 6.00% $14,352
    Equity Prime Mortgage LLC 5 6.38% $10,113
    Paramount Residential Mortgage Group, Inc. 5 5.80% $13,438
    Wells Fargo Bank 5 6.10% $6,754
    Citizens Bank 5 5.95% $11,401
    LAKEVIEW LOAN SERVICING, LLC 5 5.75% $9,895
    Northpointe Bank 5 5.90% $19,916
    RUOFF MORTGAGE COMPANY, INC. 5 6.55% $5,903
    SUN WEST MORTGAGE COMPANY, INC. 5 6.62% $9,447
    Barrington Bank & Trust Company, N.A. 5 6.95% $11,915
    RELIANCE FIRST CAPITAL, LLC 5 6.38% $12,778
    HOMEBRIDGE FINANCIAL SERVICES, INC. 4 6.44% $4,233
    ACOPIA, LLC 4 6.31% $4,041
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 6.50% $7,939
    Prosperity Home Mortgage, LLC 4 6.41% $11,988
    Renasant Bank 4 6.56% $15,079
    ALTRA 4 5.84% $14,992
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.66% $8,816
    ACADEMY MORTGAGE CORPORATION 4 7.03% $7,742
    FLAT BRANCH MORTGAGE, INC. 4 6.69% $7,313
    BAY EQUITY LLC 4 5.69% $10,732
    MILEND, INC. 4 6.66% $15,140
    CANOPY MORTGAGE, LLC 3 6.58% $9,872
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.21% $11,646
    LOANPAL, LLC 3 6.08% $19,788
    BNC National Bank 3 5.25% $13,660
    CASTLE & COOKE MORTGAGE, LLC 3 6.66% $17,163
    DAS Acquisition Company, LLC 3 6.54% $6,079
    MANN FINANCIAL INC. 3 7.08% $5,930
    FirstBank 3 5.67% $4,739
    SeaTrust Mortgage Company 3 6.67% $8,253
    CONTOUR MORTGAGE CORPORATION 3 6.83% $14,376
    JPMorgan Chase Bank 3 6.41% $2,482
    LEADERONE FINANCIAL CORPORATION 3 5.83% $12,439
    AMERICAN FINANCIAL NETWORK, INC. 3 6.63% $11,060
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 6.25% $10,339
    LADERA LENDING, INC. 3 7.04% $13,718
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.31% $9,026
    SECURITYNATIONAL MORTGAGE COMPANY 2 5.94% $18,977
    AmeriHome Mortgage Company, LLC 2 5.88% $10,635
    PLAZA HOME MORTGAGE, INC. 2 6.44% $10,660
    NexBank 2 5.69% $5,655
    NFM, INC. 2 6.31% $5,763
    ISERVE RESIDENTIAL LENDING, LLC 2 7.31% $17,382
    INTERLINC MORTGAGE SERVICES, LLC 2 7.44% $10,835
    Bell Bank 2 5.63% $10,033
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.69% $6,016
    AMERICAN FINANCING CORPORATION 2 5.88% $11,787
    HomePromise Corporation 2 7.38% $19,324
    Bank of England 2 6.50% $16,082
    Armed Forces Bank 2 5.50% $12,508
    MID AMERICA MORTGAGE, INC. 2 6.69% $5,077
    VERITAS FUNDING, LLC 2 6.38% $26,613
    PHH Mortgage Corporation 2 6.49% $10,290
    UNION HOME MORTGAGE CORP. 2 6.31% $7,122
    EVERETT FINANCIAL, INC. 2 7.56% $12,615
    TOTAL MORTGAGE SERVICES, LLC 2 5.25% $12,447
    The Central Trust Bank 2 6.25% $5,145
    Ameris Bank 2 5.25% $17,251
    ZILLOW HOME LOANS, LLC 1 5.50% $5,043
    AMCAP MORTGAGE, LTD. 1 6.25% $11,995
    American Security Mortgage Corp. 1 6.00% $9,196
    AmRes Corporation 1 6.38% $7,028
    BancorpSouth 1 6.63% $11,405
    Bank of Tennessee 1 5.38% $10,277
    BAYSHORE MORTGAGE FUNDING, LLC 1 7.38% $29,771
    CALIBER HOME LOANS, INC. 1 5.75% $14,181
    CapStar Bank 1 6.13% $7,895
    CIS Financial Services, Inc. 1 5.50% $8,511
    Community First National Bank 1 6.75% $15,730
    CORNERSTONE HOME LENDING, INC. 1 6.25% $0
    EMBRACE HOME LOANS, INC. 1 5.49% $14,481
    Farmers Bank & Trust 1 5.25% $14,077
    Fifth Third Bank 1 6.13% $495
    First Federal Bank 1 5.88% $14,281
    First Savings Bank 1 5.50% $22,850
    First Vision Bank of Tennessee 1 7.25% $8,490
    Florida Capital Bank 1 6.75% $16,379
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.25% $12,909
    GUARANTEED RATE AFFINITY, LLC 1 6.25% $5,361
    GUILD MORTGAGE COMPANY 1 6.63% $7,380
    INTERCAP LENDING INC. 1 7.00% $4,718
    Ixonia Bank 1 7.13% $8,427
    KELLER MORTGAGE, LLC 1 6.13% $12,829
    KINECTA 1 5.88% $13,977
    Lakeview Community Capital, LLC 1 6.75% $5,592
    LENOX FINANCIAL MORTGAGE CORPORATION 1 5.63% $6,877
    Meridian Bank Corporation 1 6.25% $4,571
    MORTGAGE INVESTORS GROUP, INC. 1 6.25% $12,996
    MORTGAGEONE, INC. 1 7.75% $4,945
    M&T Bank 1 6.63% $10,945
    NATIONS DIRECT MORTGAGE, LLC 1 6.50% $25,697
    North American Savings Bank, F.S.B. 1 5.63% $13,012
    OCEANSIDE MORTGAGE COMPANY 1 6.25% $15,812
    Old National Bank 1 5.63% $16,458
    Presidential Bank, FSB 1 7.00% $6,228
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $4,140
    Regions Bank 1 7.25% $3,272
    RESIDENTIAL HOME FUNDING CORP. 1 4.75% $19,854
    Residential Mortgage Solutions, Inc. 1 7.25% $11,916
    Shore United Bank 1 5.75% $23,163
    Sunflower Bank 1 5.13% $14,798
    T2 FINANCIAL LLC 1 7.25% $14,555
    THE MORTGAGE FIRM, INC. 1 5.63% $8,657
    TruHome Solutions, LLC 1 5.88% $3,760
    United Community Bank 1 7.00% $8,435
    Waterstone Mortgage Corporation 1 6.63% $13,087
    1ST SIGNATURE LENDING, LLC 1 6.88% $9,596

    The top Clarksville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 949 VA loans originated. Their average total fees are $6,518, which is $540 higher than the next largest lender, GUARANTEED RATE, INC..

    The lowest fee Clarksville VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($2,631), GUARANTEED RATE, INC. ($5,978), HOMESIDE FINANCIAL, LLC ($6,218), Mortgage Research Center, LLC ($6,518) and HIGHLANDS RESIDENTIAL MORTGAGE, LTD. ($7,055).

    The lowest rate Clarksville VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (5.52%), COMMUNITY MORTGAGE CORPORATION (5.55%), PENNYMAC LOAN SERVICES, LLC (5.70%), AMERISAVE MORTGAGE CORPORATION (5.70%) and NAVY FEDERAL CREDIT UNION (5.73%).

    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.