Columbus VA Loan Rates, Closing Costs & Stats

COLUMBUS, GA-AL

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Columbus's 108 lenders originated 1,842 VA loans during 2024. The total origination value was $533,340,000, with an average VA loan value of $289,544.

    Columbus VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Columbus averaged 6.57% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Columbus's average VA mortgage closing costs are $5,940.

    The average rate for the prior week (2025-03-28) was 6.49% and one month ago for the week of 2025-02-28, the average rate was 6.67%.

    The average rate one year ago was 6.78%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.91%.

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

    Columbus 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 Columbus level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 295 6.47% $5,611
    CANOPY MORTGAGE, LLC 150 6.17% $15,244
    UNITED WHOLESALE MORTGAGE, LLC 127 6.02% $6,851
    FREEDOM MORTGAGE CORPORATION 107 6.28% $7,115
    CMG MORTGAGE, INC. 91 6.24% $10,449
    QUICKEN LOANS, LLC 80 6.03% $9,131
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 70 6.12% $8,908
    CROSSCOUNTRY MORTGAGE, LLC 53 6.37% $6,808
    PENNYMAC LOAN SERVICES, LLC 53 5.73% $6,591
    MOVEMENT MORTGAGE, LLC 44 6.44% $8,798
    Northpointe Bank 43 6.31% $8,594
    NEW DAY FINANCIAL, LLC 42 7.35% $8,997
    Synovus Bank 40 6.07% $8,355
    NAVY FEDERAL CREDIT UNION 39 5.95% $5,888
    VANDERBILT MORTGAGE AND FINANCE, INC. 31 6.37% $7,612
    USAA Federal Savings Bank 31 6.21% $7,277
    GUARANTEED RATE, INC. 26 6.24% $8,340
    VILLAGE CAPITAL MORTGAGE 26 5.97% $5,396
    RUOFF MORTGAGE COMPANY, INC. 24 6.53% $4,998
    NEWREZ LLC 23 6.24% $5,404
    BROKER SOLUTIONS, INC. 22 6.66% $9,849
    GUILD MORTGAGE COMPANY 22 6.02% $11,693
    MORTGAGE SOLUTIONS OF COLORADO, LLC 20 7.66% $5,126
    PLANET HOME LENDING, LLC 16 5.76% $3,181
    LOANDEPOT.COM, LLC 13 5.95% $7,626
    Trustmark National Bank 12 6.04% $9,424
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 6.22% $5,970
    Renasant Bank 10 6.11% $11,231
    The Federal Savings Bank 10 6.29% $14,322
    CLEARPATH LENDING 9 5.67% $6,274
    Barrington Bank & Trust Company, N.A. 8 6.19% $6,848
    Carrington Mortgage Services, LLC 8 6.20% $10,769
    PENTAGON FEDERAL CREDIT UNION 7 6.32% $8,761
    PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.34% $5,204
    Lakeview Community Capital, LLC 6 5.73% $3,833
    Mr. Cooper ( Nationstar Mortgage ) 6 6.15% $6,604
    OPEN MORTGAGE, LLC 6 6.71% $6,849
    PLAZA HOME MORTGAGE, INC. 5 6.77% $8,270
    INTERLINC MORTGAGE SERVICES, LLC 5 5.85% $3,990
    MUTUAL OF OMAHA MORTGAGE, INC. 5 6.38% $8,033
    LAKEVIEW LOAN SERVICING, LLC 5 5.72% $4,797
    Flagstar Bank, FSB 4 6.07% $5,399
    Equity Prime Mortgage LLC 4 6.97% $4,994
    UNION HOME MORTGAGE CORP. 4 6.63% $4,265
    Ameris Bank 4 6.19% $6,821
    Armed Forces Bank 4 6.22% $5,544
    NBKC BANK 4 6.19% $4,273
    AmeriHome Mortgage Company, LLC 4 6.25% $3,419
    AMERISAVE MORTGAGE CORPORATION 4 5.84% $12,587
    Mid-Continent Funding, Inc. 3 6.17% $11,673
    NATIONS DIRECT MORTGAGE, LLC 3 6.13% $9,861
    SUCCESS MORTGAGE PARTNERS, INC. 3 6.58% $12,851
    TJC Mortgage, Inc. 3 6.58% $13,153
    First Federal Bank 3 5.88% $6,274
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 3 6.83% $7,090
    Wells Fargo Bank 3 5.83% $7,272
    CARDINAL FINANCIAL 3 6.67% $17,424
    Paramount Residential Mortgage Group, Inc. 3 6.13% $7,521
    Texana Bank 2 5.63% $18,894
    AMERICAN FINANCIAL NETWORK, INC. 2 6.50% $5,394
    Colony Bank 2 5.56% $14,863
    Cornerstone First Mortgage, Inc 2 7.19% $11,065
    LOANPAL, LLC 2 5.75% $9,207
    Magnolia Bank 2 6.31% $12,517
    MILEND, INC. 2 6.63% $14,930
    MORTGAGEONE, INC. 2 6.69% $2,292
    Plains Commerce Bank 2 6.63% $12,302
    RELIANCE FIRST CAPITAL, LLC 2 5.88% $11,663
    STOCKTON MORTGAGE CORPORATION 2 3.13% $10,821
    THE MORTGAGE FIRM, INC. 2 6.75% $5,198
    Truist 2 6.25% $2,885
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $1,706
    Hancock Whitney Bank 1 6.50% $6,285
    GoPrime Mortgage, Inc. 1 6.13% $7,354
    GENEVA FINANCIAL, LLC 1 6.63% $11,473
    Franklin Loan Corporation 1 6.00% $7,190
    PHH Mortgage Corporation 1 5.63% $3,562
    AMERITRUST MORTGAGE CORPORATION 1 8.25% $3,483
    FLAT BRANCH MORTGAGE, INC. 1 6.25% $7,691
    First Horizon Bank 1 6.50% $5,487
    Presidential Bank, FSB 1 5.63% $21,890
    First Heritage Mortgage, LLC 1 6.25% $9,975
    Prosperity Home Mortgage, LLC 1 5.49% $4,303
    FIRST COMMUNITY MORTGAGE, INC. 1 6.63% $10,639
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.25% $16,492
    FIRST COLONY MORTGAGE CORPORATION 1 6.75% $15,908
    FirstBank 1 6.13% $10,765
    Fifth Third Bank 1 6.50% $8,156
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.63% $6,329
    South State Bank 1 7.13% $2,715
    ALLIED MORTGAGE GROUP, INC. 1 6.25% $4,701
    EVERETT FINANCIAL, INC. 1 7.63% $11,044
    SUN WEST MORTGAGE COMPANY, INC. 1 7.25% $4,447
    EMM LOANS LLC 1 6.75% $4,345
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.63% $13,813
    DIRECT LENDERS, LLC 1 6.25% $4,250
    Wolfe Financial, Inc 1 7.50% $13,276
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $1,932
    ZILLOW HOME LOANS, LLC 1 6.25% $3,915
    CORNERSTONE HOME LENDING, INC. 1 6.25% $22,194
    CONTOUR MORTGAGE CORPORATION 1 6.63% $12,781
    CityWorth Mortgage LLC 1 7.13% $19,543
    CALCON MUTUAL MORTGAGE LLC 1 7.63% $13,969
    MLD MORTGAGE INC. 1 6.13% $7,088
    LIBERTY HOME MORTGAGE CORPORATION 1 7.25% $3,114
    JPMorgan Chase Bank 1 5.50% $0
    HOMESPIRE MORTGAGE CORPORATION 1 6.63% $3,935
    NFM, INC. 1 6.25% $12,933

    The top Columbus VA lender as defined by loan originations is Mortgage Research Center, LLC, with 295 VA loans originated. Their average total fees are $5,611, which is $9,632 lower than the next largest lender, CANOPY MORTGAGE, LLC.

    The lowest fee Columbus VA lenders (with over 10 loans originated) are PLANET HOME LENDING, LLC ($3,181), RUOFF MORTGAGE COMPANY, INC. ($4,998), MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,126), VILLAGE CAPITAL MORTGAGE ($5,396) and NEWREZ LLC ($5,404).

    The lowest rate Columbus VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.73%), PLANET HOME LENDING, LLC (5.76%), LOANDEPOT.COM, LLC (5.95%), NAVY FEDERAL CREDIT UNION (5.95%) and VILLAGE CAPITAL MORTGAGE (5.97%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Columbus (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 $158,998 (11.3%) $205,672 (12.9%) 0.59 1,475
    2018-02-01 $158,495 (9.3%) $204,442 (11.0%) 0.58 1,478
    2018-03-01 $159,250 (6.2%) $206,837 (10.8%) 0.56 1,485
    2018-04-01 $162,540 (6.3%) $211,363 (12.0%) 0.55 1,512
    2018-05-01 $164,000 (5.9%) $212,095 (10.7%) 0.55 1,529
    2018-06-01 $159,900 (3.2%) $204,182 (5.4%) 0.53 1,550
    2018-07-01 $158,945 (2.6%) $204,853 (4.4%) 0.53 1,556
    2018-08-01 $157,225 (1.4%) $200,503 (1.7%) 0.53 1,567
    2018-09-01 $160,000 (3.2%) $205,004 (1.7%) 0.54 1,536
    2018-10-01 $159,950 (3.6%) $206,498 (3.2%) 0.54 1,531
    2018-11-01 $159,250 (1.8%) $208,245 (3.9%) 0.54 1,533
    2018-12-01 $159,945 (2.6%) $210,405 (4.0%) 0.55 1,538
    2019-01-01 $160,000 (0.6%) $212,552 (3.3%) 0.55 1,439
    2019-02-01 $164,760 (4.0%) $212,924 (4.2%) 0.56 1,427
    2019-03-01 $164,957 (3.6%) $218,986 (5.9%) 0.54 1,327
    2019-04-01 $164,328 (1.1%) $223,096 (5.6%) 0.52 1,261
    2019-05-01 $162,945 (-0.6%) $227,134 (7.1%) 0.51 1,223
    2019-06-01 $165,000 (3.2%) $227,857 (11.6%) 0.52 1,203
    2019-07-01 $167,030 (5.1%) $232,270 (13.4%) 0.52 1,114
    2019-08-01 $176,685 (12.4%) $237,297 (18.4%) 0.56 1,084
    2019-09-01 $179,286 (12.1%) $240,695 (17.4%) 0.57 1,076
    2019-10-01 $185,630 (16.1%) $245,604 (18.9%) 0.60 1,070
    2019-11-01 $189,900 (19.3%) $247,451 (18.8%) 0.62 1,046
    2019-12-01 $186,875 (16.8%) $247,465 (17.6%) 0.62 1,016
    2020-01-01 $183,900 (14.9%) $246,573 (16.0%) 0.61 965
    2020-02-01 $189,800 (15.2%) $252,106 (18.4%) 0.62 918
    2020-03-01 $181,968 (10.3%) $246,877 (12.7%) 0.57 871
    2020-04-01 $179,200 (9.1%) $243,952 (9.4%) 0.56 867
    2020-05-01 $179,900 (10.4%) $249,099 (9.7%) 0.55 764
    2020-06-01 $199,900 (21.2%) $262,240 (15.1%) 0.59 685
    2020-07-01 $199,700 (19.6%) $261,736 (12.7%) 0.58 618
    2020-08-01 $201,300 (13.9%) $268,837 (13.3%) 0.58 562
    2020-09-01 $192,450 (7.3%) $288,736 (20.0%) 0.55 483
    2020-10-01 $195,079 (5.1%) $288,135 (17.3%) 0.56 501
    2020-11-01 $194,290 (2.3%) $275,809 (11.5%) 0.57 521
    2020-12-01 $179,950 (-3.7%) $272,599 (10.2%) 0.54 509
    2021-01-01 $194,700 (5.9%) $280,207 (13.6%) 0.58 455
    2021-02-01 $189,975 (0.1%) $272,361 (8.0%) 0.55 430
    2021-03-01 $187,950 (3.3%) $273,355 (10.7%) 0.53 389
    2021-04-01 $192,000 (7.1%) $286,775 (17.6%) 0.52 366
    2021-05-01 $189,900 (5.6%) $275,434 (10.6%) 0.50 368
    2021-06-01 $184,950 (-7.5%) $271,187 (3.4%) 0.49 394
    2021-07-01 $185,000 (-7.4%) $281,282 (7.5%) 0.49 482
    2021-08-01 $188,700 (-6.3%) $279,126 (3.8%) 0.50 496
    2021-09-01 $189,900 (-1.3%) $292,264 (1.2%) 0.51 522
    2021-10-01 $189,900 (-2.7%) $284,066 (-1.4%) 0.51 521
    2021-11-01 $186,850 (-3.8%) $286,837 (4.0%) 0.50 536
    2021-12-01 $189,450 (5.3%) $296,387 (8.7%) 0.51 436
    2022-01-01 $187,900 (-3.5%) $318,215 (13.6%) 0.51 356
    2022-02-01 $183,625 (-3.3%) $316,498 (16.2%) 0.48 328
    2022-03-01 $185,250 (-1.4%) $308,961 (13.0%) 0.46 331
    2022-04-01 $174,950 (-8.9%) $276,442 (-3.6%) 0.42 356
    2022-05-01 $200,475 (5.6%) $280,407 (1.8%) 0.46 411
    2022-06-01 $227,950 (23.3%) $299,125 (10.3%) 0.51 464
    2022-07-01 $235,000 (27.0%) $299,869 (6.6%) 0.53 537
    2022-08-01 $219,925 (16.6%) $336,478 (20.6%) 0.51 547
    2022-09-01 $221,700 (16.8%) $336,105 (15.0%) 0.52 553
    2022-10-01 $229,950 (21.1%) $300,924 (5.9%) 0.54 601
    2022-11-01 $232,400 (24.4%) $294,109 (2.5%) 0.56 588
    2022-12-01 $225,000 (18.8%) $294,219 (-0.7%) 0.56 531
    2023-01-01 $230,375 (22.6%) $348,604 (9.6%) 0.57 438
    2023-02-01 $215,000 (17.1%) $341,756 (8.0%) 0.52 420
    2023-03-01 $224,975 (21.4%) $355,085 (14.9%) 0.53 402
    2023-04-01 $246,000 (40.6%) $379,317 (37.2%) 0.57 395
    2023-05-01 $275,250 (37.3%) $382,414 (36.4%) 0.62 410
    2023-06-01 $270,138 (18.5%) $386,157 (29.1%) 0.61 415
    2023-07-01 $270,500 (15.1%) $376,858 (25.7%) 0.61 422
    2023-08-01 $276,725 (25.8%) $374,338 (11.3%) 0.64 446
    2023-09-01 $269,900 (21.7%) $349,777 (4.1%) 0.63 536
    2023-10-01 $267,250 (16.2%) $343,849 (14.3%) 0.63 570
    2023-11-01 $259,950 (11.9%) $316,600 (7.7%) 0.62 602
    2023-12-01 $254,950 (13.3%) $320,234 (8.8%) 0.62 592
    2024-01-01 $242,500 (5.3%) $322,860 (-7.4%) 0.59 542
    2024-02-01 $242,425 (12.8%) $330,030 (-3.4%) 0.58 533
    2024-03-01 $245,000 (8.9%) $340,775 (-4.0%) 0.58 518
    2024-04-01 $247,700 (0.7%) $343,807 (-9.4%) 0.58 509
    2024-05-01 $257,500 (-6.5%) $333,421 (-12.8%) 0.59 543
    2024-06-01 $265,000 (-1.9%) $340,060 (-11.9%) 0.60 568
    2024-07-01 $257,725 (-4.7%) $342,433 (-9.1%) 0.59 580
    2024-08-01 $255,000 (-7.9%) $337,443 (-9.9%) 0.59 639
    2024-09-01 $266,250 (-1.4%) $336,312 (-3.9%) 0.63 714
    2024-10-01 $268,975 (0.7%) $339,138 (-1.4%) 0.63 722
    2024-11-01 $273,500 (5.2%) $341,695 (7.9%) 0.66 745
    2024-12-01 $269,900 (5.9%) $339,435 (6.0%) 0.67 717
    2025-01-01 $260,500 (7.4%) $324,349 (0.5%) 0.65 683
    2025-02-01 $269,325 (11.1%) $331,725 (0.5%) 0.65 677
    2025-03-01 $265,000 (8.2%) $338,668 (-0.6%) 0.00 657
    Columbus's median listing price for 2025-03-01 was $265,000, a difference of $20,000 (8.2%) versus the prior year and $-4,325 versus the prior month.

    Columbus's median listing price comes in at 0% of the national average.

    Columbus's average listing price for 2025-03-01 was $338,668, a difference of $-2,107 (-0.6%) versus the prior year and $6,943 versus the prior month.

    For the 2025-03-01 period, Columbus had 657 MLS listings, a difference of -20 listings (-3%) versus the prior month and 139 listings (27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Columbus (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 92 days 1,919 sqft
    2018-02-01 87 days 1,930 sqft
    2018-03-01 74 days 1,929 sqft
    2018-04-01 73 days 1,928 sqft
    2018-05-01 72 days 1,970 sqft
    2018-06-01 68 days 1,936 sqft
    2018-07-01 73 days 1,914 sqft
    2018-08-01 80 days 1,922 sqft
    2018-09-01 84 days 1,938 sqft
    2018-10-01 85 days 1,951 sqft
    2018-11-01 91 days 1,943 sqft
    2018-12-01 96 days 1,932 sqft
    2019-01-01 101 days 1,926 sqft
    2019-02-01 96 days 1,939 sqft
    2019-03-01 91 days 1,951 sqft
    2019-04-01 79 days 1,952 sqft
    2019-05-01 73 days 1,942 sqft
    2019-06-01 67 days 1,993 sqft
    2019-07-01 66 days 2,006 sqft
    2019-08-01 68 days 2,024 sqft
    2019-09-01 71 days 2,054 sqft
    2019-10-01 70 days 2,099 sqft
    2019-11-01 67 days 2,150 sqft
    2019-12-01 74 days 2,115 sqft
    2020-01-01 82 days 2,100 sqft
    2020-02-01 80 days 2,109 sqft
    2020-03-01 71 days 2,062 sqft
    2020-04-01 67 days 2,012 sqft
    2020-05-01 68 days 2,049 sqft
    2020-06-01 58 days 2,147 sqft
    2020-07-01 50 days 2,128 sqft
    2020-08-01 44 days 2,037 sqft
    2020-09-01 45 days 2,010 sqft
    2020-10-01 39 days 2,004 sqft
    2020-11-01 42 days 1,965 sqft
    2020-12-01 46 days 1,932 sqft
    2021-01-01 54 days 1,984 sqft
    2021-02-01 33 days 1,902 sqft
    2021-03-01 32 days 1,885 sqft
    2021-04-01 32 days 1,870 sqft
    2021-05-01 19 days 1,819 sqft
    2021-06-01 22 days 1,816 sqft
    2021-07-01 26 days 1,794 sqft
    2021-08-01 37 days 1,821 sqft
    2021-09-01 37 days 1,786 sqft
    2021-10-01 38 days 1,796 sqft
    2021-11-01 42 days 1,828 sqft
    2021-12-01 55 days 1,881 sqft
    2022-01-01 57 days 1,848 sqft
    2022-02-01 31 days 1,792 sqft
    2022-03-01 25 days 1,721 sqft
    2022-04-01 23 days 1,696 sqft
    2022-05-01 22 days 1,808 sqft
    2022-06-01 26 days 1,885 sqft
    2022-07-01 30 days 1,936 sqft
    2022-08-01 37 days 1,866 sqft
    2022-09-01 44 days 1,879 sqft
    2022-10-01 42 days 1,955 sqft
    2022-11-01 50 days 1,971 sqft
    2022-12-01 65 days 1,952 sqft
    2023-01-01 64 days 1,963 sqft
    2023-02-01 38 days 1,873 sqft
    2023-03-01 40 days 1,896 sqft
    2023-04-01 36 days 2,028 sqft
    2023-05-01 36 days 2,096 sqft
    2023-06-01 40 days 2,050 sqft
    2023-07-01 42 days 2,054 sqft
    2023-08-01 35 days 2,104 sqft
    2023-09-01 37 days 2,035 sqft
    2023-10-01 39 days 1,986 sqft
    2023-11-01 44 days 2,038 sqft
    2023-12-01 53 days 1,969 sqft
    2024-01-01 60 days 1,877 sqft
    2024-02-01 48 days 1,855 sqft
    2024-03-01 45 days 1,893 sqft
    2024-04-01 43 days 1,878 sqft
    2024-05-01 41 days 1,850 sqft
    2024-06-01 44 days 1,957 sqft
    2024-07-01 47 days 1,928 sqft
    2024-08-01 45 days 1,890 sqft
    2024-09-01 48 days 1,899 sqft
    2024-10-01 53 days 1,928 sqft
    2024-11-01 59 days 1,963 sqft
    2024-12-01 65 days 1,942 sqft
    2025-01-01 63 days 1,888 sqft
    2025-02-01 63 days 1,894 sqft
    2025-03-01 0 days 1,887 sqft
    Columbus's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Columbus's median square footage for active listings during the 2025-03-01 period was 1,887 sqft. One year prior, the average listing was 1,893 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.