Corinth VA Loan Rates, Closing Costs & Stats

Corinth, MS

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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.

    Corinth's 15 lenders originated 34 VA loans during 2023. The total origination value was $7,860,000, with an average VA loan value of $231,176.

    Corinth VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Corinth averaged 6.52% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Corinth's average VA mortgage closing costs are $4,923.

    The average rate for the prior week (2025-02-07) was 6.36% and one month ago for the week of 2025-01-10, the average rate was 6.69%.

    The average rate one year ago was 6.32%.

    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.

    Corinth 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 Corinth level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 14 6.90% $5,615
    STOCKTON MORTGAGE CORPORATION 3 6.25% $4,937
    Trustmark National Bank 2 6.44% $1,971
    USAA Federal Savings Bank 2 6.13% $14,499
    Regions Bank 2 6.13% $8,320
    NEW DAY FINANCIAL, LLC 1 7.50% $10,556
    NEWREZ LLC 1 6.75% $5,554
    PENTAGON FEDERAL CREDIT UNION 1 5.13% $2,717
    SOUTHWEST STAGE FUNDING, LLC 1 6.88% $0
    CARDINAL FINANCIAL 1 7.13% $6,112
    Wells Fargo Bank 1 6.50% $0
    Flagstar Bank, FSB 1 7.25% $4,811
    MORTGAGE ACCESS CORP. 1 5.63% $18,400
    MORTGAGE INVESTORS GROUP, INC. 1 5.63% $4,139
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.50% $2,819

    The top Corinth VA lender as defined by loan originations is Mortgage Research Center, LLC, with 14 VA loans originated. Their average total fees are $5,615, which is $678 higher than the next largest lender, STOCKTON MORTGAGE CORPORATION.

    The lowest fee Corinth VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,615), .

    The lowest rate Corinth VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.90%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Corinth (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 $157,800 (1.9%) $197,135 (6.8%) 0.00 99
    2018-02-01 $150,000 (-0.3%) $192,725 (8.4%) 0.00 101
    2018-03-01 $149,000 (-1.5%) $183,820 (3.0%) 0.00 116
    2018-04-01 $158,000 (5.4%) $192,618 (12.4%) 0.00 112
    2018-05-01 $158,500 (5.7%) $189,886 (10.6%) 0.00 112
    2018-06-01 $149,000 (-1.5%) $176,350 (-2.4%) 0.00 106
    2018-07-01 $149,450 (-0.4%) $178,819 (0.7%) 0.00 103
    2018-08-01 $149,700 (-6.0%) $175,628 (-4.0%) 0.00 104
    2018-09-01 $154,000 (-6.8%) $175,945 (-11.1%) 0.00 112
    2018-10-01 $169,000 (2.5%) $185,902 (-5.1%) 0.00 97
    2018-11-01 $170,600 (3.4%) $190,244 (-2.8%) 0.00 88
    2018-12-01 $162,500 (1.6%) $184,656 (-6.7%) 0.00 81
    2019-01-01 $149,700 (-5.1%) $174,328 (-11.6%) 0.00 76
    2019-02-01 $151,200 (0.8%) $173,463 (-10.0%) 0.00 78
    2019-03-01 $169,746 (13.9%) $184,369 (0.3%) 0.00 81
    2019-04-01 $178,021 (12.7%) $190,126 (-1.3%) 0.00 76
    2019-05-01 $179,475 (13.2%) $198,548 (4.6%) 0.00 86
    2019-06-01 $169,950 (14.1%) $185,081 (5.0%) 0.00 105
    2019-07-01 $173,500 (16.1%) $190,438 (6.5%) 0.00 107
    2019-08-01 $175,700 (17.4%) $193,743 (10.3%) 0.00 105
    2019-09-01 $180,875 (17.5%) $200,612 (14.0%) 0.00 99
    2019-10-01 $184,325 (9.1%) $205,191 (10.4%) 0.00 95
    2019-11-01 $179,900 (5.5%) $202,908 (6.7%) 0.00 89
    2019-12-01 $154,925 (-4.7%) $191,216 (3.6%) 0.00 89
    2020-01-01 $155,950 (4.2%) $191,660 (9.9%) 0.00 86
    2020-02-01 $166,450 (10.1%) $201,121 (15.9%) 0.00 87
    2020-03-01 $182,175 (7.3%) $202,376 (9.8%) 0.00 90
    2020-04-01 $195,500 (9.8%) $211,227 (11.1%) 0.00 86
    2020-05-01 $197,500 (10.0%) $209,850 (5.7%) 0.00 89
    2020-06-01 $188,750 (11.1%) $200,730 (8.5%) 0.00 77
    2020-07-01 $191,500 (10.4%) $202,290 (6.2%) 0.00 70
    2020-08-01 $194,000 (10.4%) $219,673 (13.4%) 0.00 59
    2020-09-01 $191,750 (6.0%) $222,453 (10.9%) 0.00 58
    2020-10-01 $197,500 (7.2%) $231,182 (12.7%) 0.00 51
    2020-11-01 $195,000 (8.4%) $230,633 (13.7%) 0.00 50
    2020-12-01 $210,250 (35.7%) $235,483 (23.2%) 0.00 45
    2021-01-01 $214,000 (37.2%) $234,653 (22.4%) 0.00 42
    2021-02-01 $183,250 (10.1%) $222,030 (10.4%) 0.00 34
    2021-03-01 $177,000 (-2.8%) $231,150 (14.2%) 0.00 33
    2021-04-01 $192,400 (-1.6%) $249,268 (18.0%) 0.00 28
    2021-05-01 $199,900 (1.2%) $244,324 (16.4%) 0.00 34
    2021-06-01 $210,000 (11.3%) $235,650 (17.4%) 0.00 33
    2021-07-01 $259,000 (35.3%) $246,706 (22.0%) 0.00 25
    2021-08-01 $241,750 (24.6%) $241,261 (9.8%) 0.00 45
    2021-09-01 $158,100 (-17.6%) $225,399 (1.3%) 0.00 52
    2021-10-01 $150,000 (-24.1%) $230,150 (-0.5%) 0.00 50
    2021-11-01 $223,950 (14.9%) $252,454 (9.5%) 0.00 48
    2021-12-01 $214,925 (2.2%) $239,739 (1.8%) 0.00 45
    2022-01-01 $214,400 (0.2%) $245,018 (4.4%) 0.00 45
    2022-02-01 $210,450 (14.8%) $250,438 (12.8%) 0.00 36
    2022-03-01 $149,900 (-15.3%) $200,397 (-13.3%) 0.00 34
    2022-04-01 $149,900 (-22.1%) $208,133 (-16.5%) 0.00 35
    2022-05-01 $139,450 (-30.2%) $186,557 (-23.6%) 0.00 32
    2022-06-01 $163,725 (-22.0%) $225,854 (-4.2%) 0.00 29
    2022-07-01 $175,000 (-32.4%) $243,715 (-1.2%) 0.00 31
    2022-08-01 $202,250 (-16.3%) $269,706 (11.8%) 0.00 34
    2022-09-01 $191,750 (21.3%) $252,777 (12.2%) 0.00 42
    2022-10-01 $192,450 (28.3%) $237,281 (3.1%) 0.00 54
    2022-11-01 $189,675 (-15.3%) $228,512 (-9.5%) 0.00 58
    2022-12-01 $189,450 (-11.9%) $226,692 (-5.4%) 0.00 54
    2023-01-01 $190,950 (-10.9%) $227,556 (-7.1%) 0.00 45
    2023-02-01 $177,475 (-15.7%) $218,164 (-12.9%) 0.00 45
    2023-03-01 $178,675 (19.2%) $224,021 (11.8%) 0.00 42
    2023-04-01 $169,500 (13.1%) $214,427 (3.0%) 0.00 36
    2023-05-01 $183,250 (31.4%) $262,851 (40.9%) 0.00 38
    2023-06-01 $186,975 (14.2%) $255,382 (13.1%) 0.00 46
    2023-07-01 $199,000 (13.7%) $252,935 (3.8%) 0.00 49
    2023-08-01 $216,425 (7.0%) $239,581 (-11.2%) 0.00 59
    2023-09-01 $219,950 (14.7%) $241,823 (-4.3%) 0.00 62
    2023-10-01 $243,675 (26.6%) $265,382 (11.8%) 0.00 65
    2023-11-01 $233,675 (23.2%) $253,671 (11.0%) 0.00 64
    2023-12-01 $227,450 (20.1%) $249,228 (9.9%) 0.00 60
    2024-01-01 $246,225 (29.0%) $256,279 (12.6%) 0.00 51
    2024-02-01 $232,450 (31.0%) $256,358 (17.5%) 0.00 54
    2024-03-01 $245,000 (37.1%) $278,985 (24.5%) 0.00 54
    2024-04-01 $251,875 (48.6%) $294,988 (37.6%) 0.00 50
    2024-05-01 $285,125 (55.6%) $313,488 (19.3%) 0.00 52
    2024-06-01 $259,900 (39.0%) $291,424 (14.1%) 0.00 64
    2024-07-01 $242,225 (21.7%) $279,750 (10.6%) 0.00 66
    2024-08-01 $249,500 (15.3%) $276,730 (15.5%) 0.00 62
    2024-09-01 $249,200 (13.3%) $269,857 (11.6%) 0.00 64
    2024-10-01 $252,450 (3.6%) $275,340 (3.8%) 0.00 69
    2024-11-01 $249,900 (6.9%) $263,111 (3.7%) 0.00 69
    2024-12-01 $249,900 (9.9%) $262,481 (5.3%) 0.00 71
    2025-01-01 $249,950 (1.5%) $266,510 (4.0%) 0.00 71
    Corinth's median listing price for 2025-01-01 was $249,950, a difference of $3,725 (1.5%) versus the prior year and $50 versus the prior month.

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

    Corinth's average listing price for 2025-01-01 was $266,510, a difference of $10,231 (4.0%) versus the prior year and $4,029 versus the prior month.

    For the 2025-01-01 period, Corinth had 71 MLS listings, a difference of 0 listings (0%) versus the prior month and 20 listings (39%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Corinth (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,207 sqft
    2018-02-01 0 days 2,122 sqft
    2018-03-01 0 days 2,015 sqft
    2018-04-01 0 days 2,117 sqft
    2018-05-01 0 days 2,059 sqft
    2018-06-01 0 days 1,868 sqft
    2018-07-01 0 days 1,866 sqft
    2018-08-01 0 days 1,899 sqft
    2018-09-01 0 days 1,976 sqft
    2018-10-01 0 days 2,007 sqft
    2018-11-01 0 days 1,984 sqft
    2018-12-01 0 days 1,988 sqft
    2019-01-01 0 days 2,048 sqft
    2019-02-01 0 days 2,043 sqft
    2019-03-01 0 days 2,094 sqft
    2019-04-01 0 days 2,200 sqft
    2019-05-01 0 days 2,291 sqft
    2019-06-01 0 days 2,213 sqft
    2019-07-01 0 days 2,293 sqft
    2019-08-01 0 days 2,308 sqft
    2019-09-01 0 days 2,338 sqft
    2019-10-01 0 days 2,359 sqft
    2019-11-01 0 days 2,321 sqft
    2019-12-01 0 days 2,207 sqft
    2020-01-01 0 days 2,083 sqft
    2020-02-01 0 days 2,233 sqft
    2020-03-01 0 days 2,301 sqft
    2020-04-01 0 days 2,378 sqft
    2020-05-01 0 days 2,316 sqft
    2020-06-01 0 days 2,291 sqft
    2020-07-01 0 days 2,320 sqft
    2020-08-01 0 days 2,363 sqft
    2020-09-01 0 days 2,301 sqft
    2020-10-01 0 days 2,481 sqft
    2020-11-01 0 days 2,309 sqft
    2020-12-01 0 days 2,327 sqft
    2021-01-01 0 days 2,387 sqft
    2021-02-01 0 days 1,936 sqft
    2021-03-01 0 days 2,127 sqft
    2021-04-01 0 days 2,352 sqft
    2021-05-01 0 days 2,245 sqft
    2021-06-01 0 days 2,221 sqft
    2021-07-01 0 days 2,198 sqft
    2021-08-01 0 days 2,103 sqft
    2021-09-01 0 days 1,789 sqft
    2021-10-01 0 days 2,001 sqft
    2021-11-01 0 days 2,130 sqft
    2021-12-01 0 days 2,134 sqft
    2022-01-01 0 days 2,184 sqft
    2022-02-01 0 days 2,099 sqft
    2022-03-01 0 days 1,728 sqft
    2022-04-01 0 days 1,759 sqft
    2022-05-01 0 days 1,688 sqft
    2022-06-01 0 days 1,665 sqft
    2022-07-01 0 days 1,759 sqft
    2022-08-01 0 days 2,105 sqft
    2022-09-01 0 days 2,088 sqft
    2022-10-01 0 days 2,020 sqft
    2022-11-01 0 days 1,959 sqft
    2022-12-01 0 days 1,874 sqft
    2023-01-01 0 days 1,862 sqft
    2023-02-01 0 days 1,769 sqft
    2023-03-01 0 days 1,858 sqft
    2023-04-01 0 days 1,758 sqft
    2023-05-01 0 days 1,877 sqft
    2023-06-01 0 days 1,900 sqft
    2023-07-01 0 days 1,821 sqft
    2023-08-01 0 days 1,896 sqft
    2023-09-01 0 days 1,899 sqft
    2023-10-01 0 days 2,114 sqft
    2023-11-01 0 days 2,059 sqft
    2023-12-01 0 days 2,013 sqft
    2024-01-01 0 days 1,983 sqft
    2024-02-01 0 days 1,928 sqft
    2024-03-01 0 days 1,948 sqft
    2024-04-01 0 days 2,232 sqft
    2024-05-01 0 days 2,241 sqft
    2024-06-01 0 days 2,109 sqft
    2024-07-01 0 days 2,021 sqft
    2024-08-01 0 days 2,000 sqft
    2024-09-01 0 days 2,092 sqft
    2024-10-01 0 days 2,102 sqft
    2024-11-01 0 days 2,090 sqft
    2024-12-01 0 days 1,999 sqft
    2025-01-01 0 days 1,986 sqft
    Corinth's median listing age (time on market) for 2025-01-01 was 0 days.

    Corinth's median square footage for active listings during the 2025-01-01 period was 1,986 sqft. One year prior, the average listing was 1,983 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.