Columbia VA Loan Rates, Closing Costs & Stats

COLUMBIA, 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.

Columbia's 165 lenders originated 3,021 VA loans during 2023. The total origination value was $904,125,000, with an average VA loan value of $299,280.

Columbia VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Columbia averaged 6.68% for the week of 2024-06-07, compared to the national average (all VA variants) of 6.387% for the same period.

Columbia's average VA mortgage closing costs are $5,694.

The average rate for the prior week (2024-05-31) was 6.59% and one month ago for the week of 2024-05-03, the average rate was 6.72%.

The average rate one year ago was 6.62%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.83%.

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

Columbia 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 Columbia level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 354 6.78% $5,923
First Heritage Mortgage, LLC 151 6.33% $12,392
GUILD MORTGAGE COMPANY 146 6.42% $10,068
DHI MORTGAGE COMPANY, LTD. 136 5.40% $7,770
UNITED WHOLESALE MORTGAGE, LLC 130 6.39% $8,841
NAVY FEDERAL CREDIT UNION 124 5.89% $5,961
QUICKEN LOANS, LLC 116 6.13% $10,296
FBC MORTGAGE, LLC 115 5.84% $7,492
VANDERBILT MORTGAGE AND FINANCE, INC. 109 6.15% $7,232
Ameris Bank 101 6.33% $8,281
MOVEMENT MORTGAGE, LLC 90 6.47% $7,298
FREEDOM MORTGAGE CORPORATION 85 6.69% $12,010
CROSSCOUNTRY MORTGAGE, LLC 69 6.63% $7,485
USAA Federal Savings Bank 61 6.13% $8,925
LOANDEPOT.COM, LLC 52 6.12% $9,582
NEW DAY FINANCIAL, LLC 47 7.50% $12,309
PENNYMAC LOAN SERVICES, LLC 46 5.45% $9,266
GUARANTEED RATE AFFINITY, LLC 44 6.55% $7,423
NVR Mortgage Finance, Inc. 40 5.52% $6,672
NTFN, INC. 40 6.26% $9,446
BROKER SOLUTIONS, INC. 38 6.49% $8,431
MORTGAGE SOLUTIONS OF COLORADO, LLC 36 7.75% $4,984
EAGLE HOME MORTGAGE, LLC 34 6.22% $7,639
RESOURCE FINANCIAL SERVICES, INC. 33 6.72% $8,870
GUARANTEED RATE, INC. 30 6.37% $6,676
CARDINAL FINANCIAL 29 6.60% $13,020
Mr. Cooper ( Nationstar Mortgage ) 26 5.94% $11,406
VILLAGE CAPITAL MORTGAGE 24 6.04% $11,780
NEWREZ LLC 24 6.56% $9,941
First Palmetto Bank 23 6.45% $7,381
The Federal Savings Bank 22 6.55% $13,283
Assurance Financial Group, L.L.C. 18 6.56% $8,328
PENTAGON FEDERAL CREDIT UNION 18 5.62% $6,586
Network Funding, L.P. 16 6.39% $12,905
Equity Prime Mortgage LLC 15 7.10% $8,479
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 6.84% $7,143
THRIVE MORTGAGE, LLC 14 6.59% $7,298
UNION HOME MORTGAGE CORP. 14 6.55% $9,322
PRIMELENDING, A PLAINSCAPITAL COMPANY 12 6.80% $8,651
Barrington Bank & Trust Company, N.A. 12 6.65% $9,672
Flagstar Bank, FSB 12 6.56% $7,814
MIDLAND MORTGAGE CORPORATION 11 6.41% $5,160
INTERCOASTAL MORTGAGE COMPANY 11 6.41% $4,570
PULTE MORTGAGE LLC 10 5.81% $6,878
Renasant Bank 10 6.41% $10,292
Regions Bank 9 6.40% $7,702
American Security Mortgage Corp. 8 5.94% $12,194
Mid-Continent Funding, Inc. 8 6.37% $7,983
DELMAR FINANCIAL COMPANY 8 6.92% $5,729
MUTUAL OF OMAHA MORTGAGE, INC. 7 6.89% $10,513
INTERLINC MORTGAGE SERVICES, LLC 7 6.57% $7,794
Wells Fargo Bank 6 5.75% $4,794
Trustmark National Bank 6 6.73% $4,704
AMERISAVE MORTGAGE CORPORATION 6 6.44% $11,120
PLAZA HOME MORTGAGE, INC. 6 6.41% $12,254
Plains Commerce Bank 6 6.29% $13,985
TOWNE MORTGAGE COMPANY 6 6.29% $11,960
Nations Lending Corporation 5 6.63% $8,170
Synovus Bank 5 6.30% $4,556
LAKEVIEW LOAN SERVICING, LLC 5 6.48% $16,465
CMG MORTGAGE, INC. 5 6.55% $10,098
MICHIGAN MUTUAL, INC. 5 5.63% $8,325
SUN WEST MORTGAGE COMPANY, INC. 5 6.42% $7,380
First Reliance Bank 5 6.18% $9,429
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.15% $10,606
ACADEMY MORTGAGE CORPORATION 4 7.38% $6,732
RELIANCE FIRST CAPITAL, LLC 4 7.28% $6,365
First Community Bank 4 6.44% $8,890
ROYAL UNITED MORTGAGE LLC 4 7.03% $15,246
LOANPAL, LLC 4 5.90% $11,236
HOMEOWNERS FINANCIAL GROUP USA, LLC 4 6.81% $5,055
First Federal Bank 4 6.53% $7,075
Paramount Residential Mortgage Group, Inc. 4 6.87% $3,396
SUMMIT FUNDING, INC. 3 6.67% $6,772
Encompass Lending Group, LP 3 6.04% $12,865
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.42% $10,054
First-Citizens Bank & Trust Company 3 6.04% $8,115
CONTOUR MORTGAGE CORPORATION 3 6.88% $10,729
CHURCHILL MORTGAGE CORPORATION 3 6.88% $7,566
Carrington Mortgage Services, LLC 3 6.17% $5,053
CALIBER HOME LOANS, INC. 3 6.08% $8,670
AMERICAN FINANCIAL NETWORK, INC. 3 7.46% $17,379
Northpointe Bank 3 6.04% $9,883
HOMESIDE FINANCIAL, LLC 3 6.92% $11,796
Princeton Mortgage Corporation 3 6.58% $6,059
LEADERONE FINANCIAL CORPORATION 3 6.71% $8,110
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 7.21% $6,232
Magnolia Bank 3 6.08% $8,330
MILEND, INC. 3 6.71% $11,374
ZILLOW HOME LOANS, LLC 2 6.81% $9,653
AMERICAN FINANCIAL RESOURCES, INC. 2 6.50% $7,623
Armed Forces Bank 2 5.94% $8,770
Blue Ridge Bank 2 6.56% $16,991
BNC National Bank 2 6.06% $2,995
CALCON MUTUAL MORTGAGE LLC 2 6.69% $17,370
Century Mortgage Company DBA Century Lending Company 2 6.56% $4,302
Citibank 2 5.88% $8,986
DAS Acquisition Company, LLC 2 7.00% $9,209
FIRST HOME MORTGAGE CORPORATION 2 6.94% $10,045
First Horizon Bank 2 6.63% $3,660
First Option Mortgage, LLC 2 6.75% $8,829
Gateway First Bank 2 6.94% $5,826
GSF Mortgage Corporation 2 6.94% $7,328
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.63% $3,058
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.00% $12,682
LEGEND LENDING CORPORATION 2 6.25% $8,147
MID AMERICA MORTGAGE, INC. 2 6.25% $29,298
NBKC BANK 2 6.25% $13,182
NETWORK CAPITAL FUNDING CORPORATION 2 5.44% $5,015
PREMIA MORTGAGE, LLC 2 5.19% $3,316
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.94% $11,887
Queensborough National Bank & Trust Company 2 6.00% $4,574
Service Federal Credit Union 2 6.13% $6,236
Sierra Pacific Mortgage Company, Inc. 2 6.31% $14,021
South State Bank 2 6.38% $5,941
T2 FINANCIAL LLC 2 6.81% $6,583
TJC Mortgage, Inc. 2 5.88% $7,196
TOP FLITE FINANCIAL, INC. 2 6.56% $15,257
Truist 2 7.25% $7,357
MANN FINANCIAL INC. 1 6.63% $8,100
AmeriHome Mortgage Company, LLC 1 6.99% $14,944
Presidential Bank, FSB 1 5.75% $3,897
American Mortgage & Equity Consultants, Inc. 1 6.75% $26,009
KeyBank 1 6.88% $4,483
JPMorgan Chase Bank 1 7.00% $500
HOMESTAR FINANCIAL CORPORATION 1 7.00% $3,891
U.S. Bank 1 6.63% $6,438
HOMESPIRE MORTGAGE CORPORATION 1 6.63% $8,241
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.50% $9,689
Fifth Third Bank 1 6.63% $3,544
FCB Banks 1 6.25% $11,259
EVERETT FINANCIAL, INC. 1 6.13% $8,947
ROSS MORTGAGE CORPORATION 1 5.50% $11,915
EMM LOANS LLC 1 6.75% $16,998
SeaTrust Mortgage Company 1 7.50% $14,134
AMERICAN FINANCING CORPORATION 1 6.50% $15,942
Vellum Mortgage, Inc. 1 5.75% $7,091
VERITAS FUNDING, LLC 1 7.13% $18,568
SOVEREIGN LENDING GROUP INCORPORATED 1 6.25% $15,064
STOCKTON MORTGAGE CORPORATION 1 8.13% $9,313
EMBRACE HOME LOANS, INC. 1 6.25% $8,524
DIRECT MORTGAGE LOANS, LLC 1 6.99% $11,483
DATA MORTGAGE, INC. 1 6.63% $12,428
AMCAP MORTGAGE, LTD. 1 6.25% $15,573
The Central Trust Bank 1 5.75% $12,502
Credence Funding Corporation 1 6.63% $3,398
The Huntington National Bank 1 5.50% $9,234
Community First National Bank 1 6.75% $4,307
Waterstone Mortgage Corporation 1 6.63% $11,681
ALLIED MORTGAGE GROUP, INC. 1 7.13% $7,876
Towne Bank 1 5.63% $11,910
Centennial Bank 1 6.25% $7,452
Academy Bank 1 5.13% $10,360
BAYSHORE MORTGAGE FUNDING, LLC 1 7.63% $9,503
BAY EQUITY LLC 1 7.00% $5,126
NFM, INC. 1 6.50% $9,624
Neighborhood Loans, Inc. 1 7.25% $4,379
NATION ONE MORTGAGE CORPORATION 1 7.88% $5,870
ON Q FINANCIAL, INC. 1 7.25% $8,850
Palmetto Citizens Federal Credit Union 1 6.63% $10,443
MORTGAGEONE, INC. 1 7.63% $3,823
MORTGAGE EQUITY PARTNERS LLC 1 6.88% $8,868
MORTGAGE ACCESS CORP. 1 6.25% $3,724
Meridian Bank Corporation 1 5.63% $4,749
PLANET HOME LENDING, LLC 1 5.63% $6,647

The top Columbia VA lender as defined by loan originations is Mortgage Research Center, LLC, with 354 VA loans originated. Their average total fees are $5,923, which is $6,469 lower than the next largest lender, First Heritage Mortgage, LLC.

The lowest fee Columbia VA lenders (with over 10 loans originated) are INTERCOASTAL MORTGAGE COMPANY ($4,570), MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,984), MIDLAND MORTGAGE CORPORATION ($5,160), Mortgage Research Center, LLC ($5,923) and NAVY FEDERAL CREDIT UNION ($5,961).

The lowest rate Columbia VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.40%), PENNYMAC LOAN SERVICES, LLC (5.45%), NVR Mortgage Finance, Inc. (5.52%), PENTAGON FEDERAL CREDIT UNION (5.62%) and PULTE MORTGAGE LLC (5.81%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Columbia (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 $199,000 (5.3%) $250,635 (6.1%) 0.74 3,403
2018-02-01 $198,750 (8.9%) $252,681 (-4.3%) 0.72 3,362
2018-03-01 $200,000 (8.4%) $261,067 (14.1%) 0.70 3,417
2018-04-01 $212,000 (7.7%) $264,621 (7.0%) 0.72 3,469
2018-05-01 $216,819 (8.7%) $271,944 (8.4%) 0.72 3,422
2018-06-01 $225,000 (12.9%) $281,116 (11.9%) 0.75 3,436
2018-07-01 $225,000 (12.8%) $281,029 (11.3%) 0.75 3,595
2018-08-01 $224,200 (12.2%) $276,881 (8.9%) 0.75 3,536
2018-09-01 $224,900 (13.0%) $275,872 (8.9%) 0.76 3,482
2018-10-01 $222,181 (11.2%) $300,798 (18.9%) 0.75 3,471
2018-11-01 $229,500 (14.9%) $277,963 (10.3%) 0.78 3,372
2018-12-01 $232,990 (16.8%) $280,093 (12.0%) 0.80 3,180
2019-01-01 $229,375 (15.3%) $273,509 (9.1%) 0.79 3,067
2019-02-01 $228,578 (15.0%) $273,652 (8.3%) 0.77 3,097
2019-03-01 $234,186 (17.1%) $281,140 (7.7%) 0.77 3,058
2019-04-01 $239,900 (13.2%) $289,161 (9.3%) 0.76 3,015
2019-05-01 $239,000 (10.2%) $290,134 (6.7%) 0.75 3,031
2019-06-01 $239,000 (6.2%) $284,406 (1.2%) 0.75 3,086
2019-07-01 $234,951 (4.4%) $281,816 (0.3%) 0.74 3,147
2019-08-01 $232,200 (3.6%) $281,164 (1.6%) 0.74 3,151
2019-09-01 $228,150 (1.5%) $280,127 (1.5%) 0.73 3,111
2019-10-01 $227,900 (2.6%) $281,917 (-6.3%) 0.74 3,029
2019-11-01 $228,366 (-0.5%) $282,633 (1.7%) 0.75 2,952
2019-12-01 $227,625 (-2.3%) $282,334 (0.8%) 0.76 2,854
2020-01-01 $228,968 (-0.2%) $280,604 (2.6%) 0.77 2,673
2020-02-01 $234,000 (2.4%) $283,386 (3.6%) 0.77 2,565
2020-03-01 $239,553 (2.3%) $291,886 (3.8%) 0.75 2,436
2020-04-01 $243,527 (1.5%) $296,166 (2.4%) 0.76 2,466
2020-05-01 $248,427 (3.9%) $303,001 (4.4%) 0.76 2,262
2020-06-01 $249,900 (4.6%) $306,177 (7.7%) 0.74 1,958
2020-07-01 $250,000 (6.4%) $310,580 (10.2%) 0.72 1,796
2020-08-01 $253,950 (9.4%) $316,557 (12.6%) 0.73 1,675
2020-09-01 $249,950 (9.6%) $308,246 (10.0%) 0.72 1,628
2020-10-01 $245,000 (7.5%) $300,419 (6.6%) 0.70 1,601
2020-11-01 $249,904 (9.4%) $306,915 (8.6%) 0.73 1,534
2020-12-01 $250,086 (9.9%) $308,620 (9.3%) 0.74 1,388
2021-01-01 $249,100 (8.8%) $310,895 (10.8%) 0.74 1,257
2021-02-01 $252,590 (7.9%) $314,869 (11.1%) 0.74 1,094
2021-03-01 $253,419 (5.8%) $322,907 (10.6%) 0.72 953
2021-04-01 $264,354 (8.6%) $332,964 (12.4%) 0.72 859
2021-05-01 $259,900 (4.6%) $328,695 (8.5%) 0.69 828
2021-06-01 $254,950 (2.0%) $321,860 (5.1%) 0.67 884
2021-07-01 $265,000 (6.0%) $327,948 (5.6%) 0.70 1,076
2021-08-01 $273,421 (7.7%) $336,667 (6.4%) 0.73 1,204
2021-09-01 $275,293 (10.1%) $341,300 (10.7%) 0.73 1,240
2021-10-01 $281,295 (14.8%) $345,470 (15.0%) 0.75 1,284
2021-11-01 $290,271 (16.2%) $351,790 (14.6%) 0.78 1,161
2021-12-01 $297,077 (18.8%) $358,814 (16.3%) 0.80 1,107
2022-01-01 $299,971 (20.4%) $361,340 (16.2%) 0.81 960
2022-02-01 $301,876 (19.5%) $365,776 (16.2%) 0.79 866
2022-03-01 $305,580 (20.6%) $360,275 (11.6%) 0.77 865
2022-04-01 $306,066 (15.8%) $362,888 (9.0%) 0.73 856
2022-05-01 $312,866 (20.4%) $379,551 (15.5%) 0.72 1,071
2022-06-01 $317,300 (24.5%) $386,397 (20.1%) 0.71 1,191
2022-07-01 $319,900 (20.7%) $388,504 (18.5%) 0.72 1,561
2022-08-01 $319,308 (16.8%) $385,978 (14.7%) 0.74 1,662
2022-09-01 $309,950 (12.6%) $379,174 (11.1%) 0.72 1,720
2022-10-01 $306,356 (8.9%) $375,121 (8.6%) 0.72 1,790
2022-11-01 $303,024 (4.4%) $370,116 (5.2%) 0.73 1,791
2022-12-01 $299,000 (0.7%) $364,851 (1.7%) 0.74 1,677
2023-01-01 $299,950 (0.0%) $358,450 (-0.8%) 0.74 1,558
2023-02-01 $301,694 (-0.1%) $359,312 (-1.8%) 0.73 1,479
2023-03-01 $304,725 (-0.3%) $366,898 (1.8%) 0.72 1,438
2023-04-01 $315,000 (2.9%) $382,686 (5.5%) 0.73 1,391
2023-05-01 $325,394 (4.0%) $390,560 (2.9%) 0.74 1,348
2023-06-01 $337,000 (6.2%) $407,512 (5.5%) 0.76 1,418
2023-07-01 $327,165 (2.3%) $393,687 (1.3%) 0.74 1,502
2023-08-01 $320,000 (0.2%) $385,043 (-0.2%) 0.73 1,604
2023-09-01 $310,000 (0.0%) $374,580 (-1.2%) 0.72 1,757
2023-10-01 $304,345 (-0.7%) $373,618 (-0.4%) 0.72 1,859
2023-11-01 $302,504 (-0.2%) $375,002 (1.3%) 0.72 1,959
2023-12-01 $299,900 (0.3%) $368,034 (0.9%) 0.73 1,936
2024-01-01 $299,620 (-0.1%) $394,792 (10.1%) 0.73 1,902
2024-02-01 $300,000 (-0.6%) $376,824 (4.9%) 0.72 1,872
2024-03-01 $300,000 (-1.6%) $384,100 (4.7%) 0.71 1,882
2024-04-01 $307,705 (-2.3%) $391,655 (2.3%) 0.72 1,907
2024-05-01 $312,431 (-4.0%) $406,067 (4.0%) 0.71 1,911
Columbia's median listing price for 2024-05-01 was $312,431, a difference of $-12,963 (-4.0%) versus the prior year and $4,726 versus the prior month.

Columbia's median listing price comes in at 71% of the national average.

Columbia's average listing price for 2024-05-01 was $406,067, a difference of $15,507 (4.0%) versus the prior year and $14,412 versus the prior month.

For the 2024-05-01 period, Columbia had 1,911 MLS listings, a difference of 4 listings (0%) versus the prior month and 563 listings (42%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Columbia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 75 days 2,153 sqft
2018-02-01 68 days 2,158 sqft
2018-03-01 55 days 2,205 sqft
2018-04-01 52 days 2,238 sqft
2018-05-01 52 days 2,245 sqft
2018-06-01 52 days 2,278 sqft
2018-07-01 54 days 2,274 sqft
2018-08-01 58 days 2,248 sqft
2018-09-01 63 days 2,231 sqft
2018-10-01 67 days 2,225 sqft
2018-11-01 72 days 2,254 sqft
2018-12-01 77 days 2,266 sqft
2019-01-01 77 days 2,241 sqft
2019-02-01 65 days 2,232 sqft
2019-03-01 56 days 2,249 sqft
2019-04-01 53 days 2,263 sqft
2019-05-01 53 days 2,246 sqft
2019-06-01 52 days 2,255 sqft
2019-07-01 50 days 2,241 sqft
2019-08-01 51 days 2,228 sqft
2019-09-01 54 days 2,224 sqft
2019-10-01 56 days 2,228 sqft
2019-11-01 60 days 2,218 sqft
2019-12-01 69 days 2,204 sqft
2020-01-01 71 days 2,199 sqft
2020-02-01 60 days 2,225 sqft
2020-03-01 49 days 2,242 sqft
2020-04-01 46 days 2,251 sqft
2020-05-01 57 days 2,250 sqft
2020-06-01 50 days 2,252 sqft
2020-07-01 44 days 2,249 sqft
2020-08-01 39 days 2,248 sqft
2020-09-01 38 days 2,238 sqft
2020-10-01 37 days 2,196 sqft
2020-11-01 42 days 2,213 sqft
2020-12-01 46 days 2,208 sqft
2021-01-01 43 days 2,143 sqft
2021-02-01 32 days 2,076 sqft
2021-03-01 22 days 2,045 sqft
2021-04-01 18 days 2,061 sqft
2021-05-01 16 days 2,027 sqft
2021-06-01 15 days 1,993 sqft
2021-07-01 17 days 2,020 sqft
2021-08-01 22 days 2,051 sqft
2021-09-01 26 days 2,080 sqft
2021-10-01 29 days 2,126 sqft
2021-11-01 32 days 2,168 sqft
2021-12-01 38 days 2,196 sqft
2022-01-01 43 days 2,166 sqft
2022-02-01 23 days 2,076 sqft
2022-03-01 19 days 2,017 sqft
2022-04-01 17 days 2,000 sqft
2022-05-01 17 days 2,004 sqft
2022-06-01 23 days 2,075 sqft
2022-07-01 24 days 2,137 sqft
2022-08-01 35 days 2,172 sqft
2022-09-01 38 days 2,148 sqft
2022-10-01 44 days 2,170 sqft
2022-11-01 51 days 2,171 sqft
2022-12-01 58 days 2,153 sqft
2023-01-01 52 days 2,166 sqft
2023-02-01 41 days 2,178 sqft
2023-03-01 36 days 2,175 sqft
2023-04-01 35 days 2,205 sqft
2023-05-01 33 days 2,229 sqft
2023-06-01 34 days 2,246 sqft
2023-07-01 35 days 2,198 sqft
2023-08-01 35 days 2,165 sqft
2023-09-01 38 days 2,093 sqft
2023-10-01 41 days 2,075 sqft
2023-11-01 42 days 2,051 sqft
2023-12-01 48 days 2,000 sqft
2024-01-01 51 days 2,000 sqft
2024-02-01 43 days 2,027 sqft
2024-03-01 42 days 2,032 sqft
2024-04-01 38 days 2,029 sqft
2024-05-01 38 days 2,047 sqft
Columbia's median listing age (time on market) for 2024-05-01 was 38 days. This is 17% longer than the same period one year ago.

Columbia's median square footage for active listings during the 2024-05-01 period was 2,047 sqft. One year prior, the average listing was 2,229 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.