Cordele VA Loan Rates, Closing Costs & Stats

Cordele, GA

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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 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.

    Cordele's 11 lenders originated 14 VA loans during 2023. The total origination value was $3,660,000, with an average VA loan value of $261,429.

    Cordele VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Cordele averaged 6.63% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Cordele's average VA mortgage closing costs are $5,131.

    The average rate for the prior week (2025-02-07) was 6.67% and one month ago for the week of 2025-01-10, the average rate was 7%.

    The average rate one year ago was 6.63%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.53%.

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

    Cordele 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 Cordele level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    NAVY FEDERAL CREDIT UNION 2 6.31% $3,143
    Mortgage Research Center, LLC 2 6.44% $859
    FREEDOM MORTGAGE CORPORATION 1 6.75% $35,599
    GUARANTEED RATE, INC. 1 7.25% $3,983
    GUILD MORTGAGE COMPANY 1 7.13% $5,092
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $29,075
    QUICKEN LOANS, LLC 1 5.99% $15,197
    UNITED WHOLESALE MORTGAGE, LLC 1 6.25% $9,721
    AMERISAVE MORTGAGE CORPORATION 1 5.63% $8,467
    USAA Federal Savings Bank 1 6.38% $13,784
    Ameris Bank 1 7.13% $5,663

    The top Cordele VA lender as defined by loan originations is NAVY FEDERAL CREDIT UNION, with 2 VA loans originated. Their average total fees are $3,143, which is $2,284 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Cordele VA lenders (with over 10 loans originated) are .

    The lowest rate Cordele VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Cordele (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 $223,625 (24.6%) $263,131 (2.5%) 0.00 87
    2018-02-01 $223,750 (24.5%) $262,769 (2.4%) 0.00 87
    2018-03-01 $217,500 (12.3%) $260,566 (0.1%) 0.00 93
    2018-04-01 $222,000 (14.7%) $255,838 (0.8%) 0.00 107
    2018-05-01 $233,500 (22.6%) $261,275 (3.3%) 0.00 109
    2018-06-01 $229,900 (19.7%) $255,244 (0.0%) 0.00 111
    2018-07-01 $229,725 (15.4%) $259,125 (-3.1%) 0.00 115
    2018-08-01 $218,250 (-0.6%) $257,049 (-4.4%) 0.00 119
    2018-09-01 $212,449 (-1.2%) $262,516 (-2.3%) 0.00 124
    2018-10-01 $206,975 (-8.7%) $258,955 (-6.0%) 0.00 119
    2018-11-01 $198,500 (-11.1%) $248,005 (-7.8%) 0.00 112
    2018-12-01 $198,250 (-12.8%) $247,569 (-8.3%) 0.00 112
    2019-01-01 $223,050 (-0.3%) $273,925 (4.1%) 0.00 92
    2019-02-01 $222,600 (-0.5%) $271,018 (3.1%) 0.00 98
    2019-03-01 $225,429 (3.7%) $272,338 (4.5%) 0.00 96
    2019-04-01 $209,554 (-5.6%) $262,527 (2.6%) 0.00 94
    2019-05-01 $218,875 (-6.3%) $269,137 (3.0%) 0.00 90
    2019-06-01 $235,000 (2.2%) $274,355 (7.5%) 0.00 85
    2019-07-01 $232,500 (1.2%) $273,072 (5.4%) 0.00 85
    2019-08-01 $200,395 (-8.2%) $260,261 (1.3%) 0.00 80
    2019-09-01 $178,489 (-16.0%) $244,381 (-6.9%) 0.00 77
    2019-10-01 $161,450 (-22.0%) $233,299 (-9.9%) 0.00 72
    2019-11-01 $179,000 (-9.8%) $232,029 (-6.4%) 0.00 73
    2019-12-01 $179,000 (-9.7%) $236,909 (-4.3%) 0.00 75
    2020-01-01 $187,250 (-16.1%) $244,363 (-10.8%) 0.00 77
    2020-02-01 $217,500 (-2.3%) $260,207 (-4.0%) 0.00 75
    2020-03-01 $225,000 (-0.2%) $268,006 (-1.6%) 0.00 72
    2020-04-01 $213,750 (2.0%) $262,283 (-0.1%) 0.00 72
    2020-05-01 $210,000 (-4.1%) $261,485 (-2.8%) 0.00 71
    2020-06-01 $169,000 (-28.1%) $265,381 (-3.3%) 0.00 69
    2020-07-01 $194,500 (-16.3%) $277,740 (1.7%) 0.00 64
    2020-08-01 $195,000 (-2.7%) $288,113 (10.7%) 0.00 61
    2020-09-01 $250,000 (40.1%) $306,773 (25.5%) 0.00 61
    2020-10-01 $250,000 (54.9%) $313,256 (34.3%) 0.00 57
    2020-11-01 $258,500 (44.4%) $324,480 (39.8%) 0.00 46
    2020-12-01 $269,000 (50.3%) $336,049 (41.9%) 0.00 49
    2021-01-01 $255,000 (36.2%) $315,757 (29.2%) 0.00 46
    2021-02-01 $247,400 (13.8%) $289,457 (11.2%) 0.00 39
    2021-03-01 $228,725 (1.7%) $300,633 (12.2%) 0.00 42
    2021-04-01 $247,500 (15.8%) $323,676 (23.4%) 0.00 38
    2021-05-01 $233,400 (11.1%) $299,633 (14.6%) 0.00 33
    2021-06-01 $259,000 (53.3%) $310,648 (17.1%) 0.00 34
    2021-07-01 $260,000 (33.7%) $323,231 (16.4%) 0.00 37
    2021-08-01 $246,250 (26.3%) $343,089 (19.1%) 0.00 40
    2021-09-01 $254,500 (1.8%) $337,220 (9.9%) 0.00 38
    2021-10-01 $247,000 (-1.2%) $334,005 (6.6%) 0.00 42
    2021-11-01 $243,000 (-6.0%) $307,639 (-5.2%) 0.00 36
    2021-12-01 $175,000 (-34.9%) $287,501 (-14.5%) 0.00 31
    2022-01-01 $207,250 (-18.7%) $303,623 (-3.8%) 0.00 22
    2022-02-01 $189,250 (-23.5%) $279,575 (-3.4%) 0.00 22
    2022-03-01 $179,000 (-21.7%) $269,153 (-10.5%) 0.00 25
    2022-04-01 $235,000 (-5.1%) $268,955 (-16.9%) 0.00 21
    2022-05-01 $242,225 (3.8%) $297,564 (-0.7%) 0.00 32
    2022-06-01 $273,125 (5.5%) $364,115 (17.2%) 0.00 29
    2022-07-01 $254,000 (-2.3%) $329,923 (2.1%) 0.00 28
    2022-08-01 $254,000 (3.2%) $347,816 (1.4%) 0.00 33
    2022-09-01 $211,250 (-17.0%) $351,660 (4.3%) 0.00 35
    2022-10-01 $264,000 (6.9%) $397,053 (18.9%) 0.00 37
    2022-11-01 $245,250 (0.9%) $350,481 (13.9%) 0.00 48
    2022-12-01 $189,000 (8.0%) $367,780 (27.9%) 0.00 43
    2023-01-01 $275,750 (33.1%) $387,260 (27.6%) 0.00 49
    2023-02-01 $297,500 (57.2%) $384,077 (37.4%) 0.00 49
    2023-03-01 $320,000 (78.8%) $390,757 (45.2%) 0.00 49
    2023-04-01 $307,500 (30.9%) $373,971 (39.1%) 0.00 50
    2023-05-01 $288,225 (19.0%) $377,483 (26.9%) 0.00 49
    2023-06-01 $326,250 (19.5%) $406,854 (11.7%) 0.00 44
    2023-07-01 $315,000 (24.0%) $396,959 (20.3%) 0.00 49
    2023-08-01 $287,000 (13.0%) $386,972 (11.3%) 0.00 46
    2023-09-01 $289,000 (36.8%) $382,073 (8.7%) 0.00 45
    2023-10-01 $314,750 (19.2%) $406,461 (2.4%) 0.00 47
    2023-11-01 $313,500 (27.8%) $379,831 (8.4%) 0.00 52
    2023-12-01 $315,000 (66.7%) $396,247 (7.7%) 0.00 53
    2024-01-01 $273,500 (-0.8%) $339,863 (-12.2%) 0.00 51
    2024-02-01 $278,500 (-6.4%) $318,939 (-17.0%) 0.00 53
    2024-03-01 $315,000 (-1.6%) $336,083 (-14.0%) 0.00 54
    2024-04-01 $315,000 (2.4%) $332,162 (-11.2%) 0.00 56
    2024-05-01 $312,000 (8.3%) $328,028 (-13.1%) 0.00 61
    2024-06-01 $315,000 (-3.5%) $339,989 (-16.4%) 0.00 63
    2024-07-01 $314,750 (-0.1%) $366,522 (-7.7%) 0.00 70
    2024-08-01 $314,000 (9.4%) $368,638 (-4.7%) 0.00 71
    2024-09-01 $318,500 (10.2%) $387,494 (1.4%) 0.00 69
    2024-10-01 $320,000 (1.7%) $406,030 (-0.1%) 0.00 69
    2024-11-01 $320,000 (2.1%) $429,155 (13.0%) 0.00 65
    2024-12-01 $320,000 (1.6%) $424,987 (7.3%) 0.00 65
    2025-01-01 $322,950 (18.1%) $445,622 (31.1%) 0.00 63
    Cordele's median listing price for 2025-01-01 was $322,950, a difference of $49,450 (18.1%) versus the prior year and $2,950 versus the prior month.

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

    Cordele's average listing price for 2025-01-01 was $445,622, a difference of $105,759 (31.1%) versus the prior year and $20,635 versus the prior month.

    For the 2025-01-01 period, Cordele had 63 MLS listings, a difference of -2 listings (-3%) versus the prior month and 12 listings (24%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cordele (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,558 sqft
    2018-02-01 0 days 2,569 sqft
    2018-03-01 0 days 2,365 sqft
    2018-04-01 0 days 2,448 sqft
    2018-05-01 0 days 2,571 sqft
    2018-06-01 0 days 2,369 sqft
    2018-07-01 0 days 2,476 sqft
    2018-08-01 0 days 2,386 sqft
    2018-09-01 0 days 2,496 sqft
    2018-10-01 0 days 2,480 sqft
    2018-11-01 0 days 2,281 sqft
    2018-12-01 0 days 2,369 sqft
    2019-01-01 0 days 2,504 sqft
    2019-02-01 0 days 2,488 sqft
    2019-03-01 0 days 2,422 sqft
    2019-04-01 0 days 2,324 sqft
    2019-05-01 0 days 2,471 sqft
    2019-06-01 0 days 2,444 sqft
    2019-07-01 0 days 2,443 sqft
    2019-08-01 0 days 2,327 sqft
    2019-09-01 0 days 2,262 sqft
    2019-10-01 0 days 2,224 sqft
    2019-11-01 0 days 2,280 sqft
    2019-12-01 0 days 2,291 sqft
    2020-01-01 0 days 2,423 sqft
    2020-02-01 0 days 2,527 sqft
    2020-03-01 0 days 2,262 sqft
    2020-04-01 0 days 2,368 sqft
    2020-05-01 0 days 2,420 sqft
    2020-06-01 0 days 2,558 sqft
    2020-07-01 0 days 2,631 sqft
    2020-08-01 0 days 3,276 sqft
    2020-09-01 0 days 3,235 sqft
    2020-10-01 0 days 3,056 sqft
    2020-11-01 0 days 3,113 sqft
    2020-12-01 0 days 3,270 sqft
    2021-01-01 0 days 2,685 sqft
    2021-02-01 0 days 2,626 sqft
    2021-03-01 0 days 2,514 sqft
    2021-04-01 0 days 2,841 sqft
    2021-05-01 0 days 2,685 sqft
    2021-06-01 0 days 2,532 sqft
    2021-07-01 0 days 2,428 sqft
    2021-08-01 0 days 2,052 sqft
    2021-09-01 0 days 1,953 sqft
    2021-10-01 0 days 1,980 sqft
    2021-11-01 0 days 1,981 sqft
    2021-12-01 0 days 1,977 sqft
    2022-01-01 0 days 2,080 sqft
    2022-02-01 0 days 2,133 sqft
    2022-03-01 0 days 2,072 sqft
    2022-04-01 0 days 1,973 sqft
    2022-05-01 0 days 2,627 sqft
    2022-06-01 0 days 2,890 sqft
    2022-07-01 0 days 2,372 sqft
    2022-08-01 0 days 2,313 sqft
    2022-09-01 0 days 1,978 sqft
    2022-10-01 0 days 1,911 sqft
    2022-11-01 0 days 1,737 sqft
    2022-12-01 0 days 1,697 sqft
    2023-01-01 0 days 1,747 sqft
    2023-02-01 0 days 1,824 sqft
    2023-03-01 0 days 1,752 sqft
    2023-04-01 0 days 1,765 sqft
    2023-05-01 0 days 1,846 sqft
    2023-06-01 0 days 2,005 sqft
    2023-07-01 0 days 2,021 sqft
    2023-08-01 0 days 2,031 sqft
    2023-09-01 0 days 1,951 sqft
    2023-10-01 0 days 2,092 sqft
    2023-11-01 0 days 2,099 sqft
    2023-12-01 0 days 2,149 sqft
    2024-01-01 0 days 2,120 sqft
    2024-02-01 0 days 1,952 sqft
    2024-03-01 0 days 1,924 sqft
    2024-04-01 0 days 1,924 sqft
    2024-05-01 0 days 1,916 sqft
    2024-06-01 0 days 1,924 sqft
    2024-07-01 0 days 1,942 sqft
    2024-08-01 0 days 1,985 sqft
    2024-09-01 0 days 2,182 sqft
    2024-10-01 0 days 2,169 sqft
    2024-11-01 0 days 2,320 sqft
    2024-12-01 0 days 2,266 sqft
    2025-01-01 0 days 2,126 sqft
    Cordele's median listing age (time on market) for 2025-01-01 was 0 days.

    Cordele's median square footage for active listings during the 2025-01-01 period was 2,126 sqft. One year prior, the average listing was 2,120 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.