Cornelia VA Loan Rates, Closing Costs & Stats

Cornelia, 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.

    Cornelia's 32 lenders originated 64 VA loans during 2024. The total origination value was $21,160,000, with an average VA loan value of $330,625.

    Cornelia VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Cornelia averaged 6.35% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Cornelia's average VA mortgage closing costs are $6,019.

    The average rate for the prior week (2025-03-28) was 6.77% and one month ago for the week of 2025-02-28, the average rate was 6.44%.

    The average rate one year ago was 6.75%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.16%.

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

    Cornelia 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 Cornelia level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 12 6.01% $6,787
    UNITED WHOLESALE MORTGAGE, LLC 8 5.57% $4,726
    FREEDOM MORTGAGE CORPORATION 3 5.83% $17,149
    Renasant Bank 2 6.38% $9,522
    NEW DAY FINANCIAL, LLC 2 7.44% $10,129
    QUICKEN LOANS, LLC 2 5.99% $6,240
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.00% $10,723
    CLEARPATH LENDING 1 5.75% $16,965
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.13% $10,784
    Farmers Bank & Trust 1 5.25% $3,229
    FIRST COMMUNITY MORTGAGE, INC. 1 7.13% $5,041
    GUARANTEED RATE AFFINITY, LLC 1 5.99% $11,955
    Magnolia Bank 1 6.13% $12,298
    Mid-Continent Funding, Inc. 1 6.63% $15,097
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 5.75% $8,577
    MOVEMENT MORTGAGE, LLC 1 5.63% $9,428
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $6,044
    NEWREZ LLC 1 4.70% $12,798
    PENNYMAC LOAN SERVICES, LLC 1 5.99% $20,177
    PHH Mortgage Corporation 1 5.63% $4,679
    Prosperity Home Mortgage, LLC 1 5.75% $8,099
    RELIANCE FIRST CAPITAL, LLC 1 6.75% $19,506
    STOCKTON MORTGAGE CORPORATION 1 7.25% $12,585
    The Federal Savings Bank 1 5.75% $13,886
    UNION HOME MORTGAGE CORP. 1 6.13% $12,513
    USAA Federal Savings Bank 1 6.00% $3,048
    AMERISAVE MORTGAGE CORPORATION 1 5.63% $11,385
    Ameris Bank 1 6.25% $14,716
    Assurance Financial Group, L.L.C. 1 7.13% $3,002
    Barrington Bank & Trust Company, N.A. 1 6.25% $5,266
    BROKER SOLUTIONS, INC. 1 5.75% $6,690
    CARDINAL FINANCIAL 1 6.75% $8,002

    The top Cornelia VA lender as defined by loan originations is Mortgage Research Center, LLC, with 12 VA loans originated. Their average total fees are $6,787, which is $2,061 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Cornelia VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,787), .

    The lowest rate Cornelia VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.01%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Cornelia (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 $299,000 (-0.2%) $472,658 (-12.5%) 0.00 228
    2018-02-01 $303,100 (5.2%) $481,822 (-9.0%) 0.00 225
    2018-03-01 $324,900 (18.4%) $566,702 (7.7%) 0.00 226
    2018-04-01 $334,450 (6.2%) $579,816 (6.9%) 0.00 227
    2018-05-01 $329,900 (3.1%) $587,001 (8.2%) 0.00 218
    2018-06-01 $339,450 (4.7%) $581,490 (5.5%) 0.00 235
    2018-07-01 $334,925 (2.3%) $583,940 (9.5%) 0.00 253
    2018-08-01 $330,200 (9.3%) $592,336 (14.9%) 0.00 243
    2018-09-01 $334,900 (8.4%) $595,367 (18.9%) 0.00 260
    2018-10-01 $327,750 (4.5%) $595,622 (19.2%) 0.00 281
    2018-11-01 $302,200 (0.8%) $601,094 (24.7%) 0.00 279
    2018-12-01 $299,900 (0.0%) $627,203 (31.7%) 0.00 263
    2019-01-01 $298,425 (-0.2%) $640,070 (35.4%) 0.00 241
    2019-02-01 $335,000 (10.5%) $646,154 (34.1%) 0.00 237
    2019-03-01 $329,307 (1.4%) $643,205 (13.5%) 0.00 237
    2019-04-01 $305,725 (-8.6%) $612,012 (5.6%) 0.00 257
    2019-05-01 $344,450 (4.4%) $635,073 (8.2%) 0.00 261
    2019-06-01 $339,900 (0.1%) $625,617 (7.6%) 0.00 271
    2019-07-01 $320,999 (-4.2%) $625,454 (7.1%) 0.00 275
    2019-08-01 $294,077 (-10.9%) $594,133 (0.3%) 0.00 272
    2019-09-01 $277,693 (-17.1%) $563,298 (-5.4%) 0.00 279
    2019-10-01 $284,020 (-13.3%) $569,527 (-4.4%) 0.00 264
    2019-11-01 $299,900 (-0.8%) $601,555 (0.1%) 0.00 232
    2019-12-01 $299,675 (-0.1%) $641,840 (2.3%) 0.00 226
    2020-01-01 $323,375 (8.4%) $682,955 (6.7%) 0.00 206
    2020-02-01 $327,200 (-2.3%) $655,987 (1.5%) 0.00 210
    2020-03-01 $346,000 (5.1%) $637,989 (-0.8%) 0.00 194
    2020-04-01 $346,225 (13.3%) $625,977 (2.3%) 0.00 203
    2020-05-01 $339,900 (-1.3%) $627,209 (-1.2%) 0.00 203
    2020-06-01 $349,450 (2.8%) $674,457 (7.8%) 0.00 186
    2020-07-01 $336,175 (4.7%) $657,331 (5.1%) 0.00 171
    2020-08-01 $327,450 (11.4%) $645,677 (8.7%) 0.00 149
    2020-09-01 $320,925 (15.6%) $601,078 (6.7%) 0.00 134
    2020-10-01 $324,900 (14.4%) $627,285 (10.1%) 0.00 111
    2020-11-01 $325,000 (8.4%) $640,937 (6.6%) 0.00 109
    2020-12-01 $299,450 (-0.1%) $656,174 (2.2%) 0.00 104
    2021-01-01 $354,900 (9.8%) $658,137 (-3.6%) 0.00 94
    2021-02-01 $334,000 (2.1%) $590,010 (-10.1%) 0.00 86
    2021-03-01 $352,225 (1.8%) $601,967 (-5.7%) 0.00 83
    2021-04-01 $359,725 (3.9%) $595,307 (-4.9%) 0.00 66
    2021-05-01 $331,000 (-2.6%) $565,322 (-9.9%) 0.00 68
    2021-06-01 $337,250 (-3.5%) $587,376 (-12.9%) 0.00 76
    2021-07-01 $399,900 (19.0%) $651,865 (-0.8%) 0.00 73
    2021-08-01 $352,860 (7.8%) $588,933 (-8.8%) 0.00 78
    2021-09-01 $307,225 (-4.3%) $586,199 (-2.5%) 0.00 87
    2021-10-01 $316,400 (-2.6%) $545,199 (-13.1%) 0.00 88
    2021-11-01 $334,500 (2.9%) $528,220 (-17.6%) 0.00 88
    2021-12-01 $327,000 (9.2%) $537,275 (-18.1%) 0.00 78
    2022-01-01 $334,900 (-5.6%) $490,004 (-25.6%) 0.00 79
    2022-02-01 $334,300 (0.1%) $478,378 (-18.9%) 0.00 80
    2022-03-01 $349,975 (-0.6%) $441,563 (-26.7%) 0.00 77
    2022-04-01 $333,000 (-7.4%) $455,218 (-23.5%) 0.00 81
    2022-05-01 $329,450 (-0.5%) $481,219 (-14.9%) 0.00 76
    2022-06-01 $346,225 (2.7%) $545,424 (-7.1%) 0.00 99
    2022-07-01 $369,900 (-7.5%) $576,483 (-11.6%) 0.00 136
    2022-08-01 $368,675 (4.5%) $537,663 (-8.7%) 0.00 149
    2022-09-01 $353,988 (15.2%) $519,974 (-11.3%) 0.00 149
    2022-10-01 $349,900 (10.6%) $546,946 (0.3%) 0.00 157
    2022-11-01 $357,400 (6.9%) $584,759 (10.7%) 0.00 167
    2022-12-01 $379,900 (16.2%) $661,026 (23.0%) 0.00 151
    2023-01-01 $399,200 (19.2%) $724,269 (47.8%) 0.00 133
    2023-02-01 $399,900 (19.6%) $749,116 (56.6%) 0.00 122
    2023-03-01 $401,950 (14.9%) $795,782 (80.2%) 0.00 114
    2023-04-01 $410,000 (23.1%) $782,233 (71.8%) 0.00 101
    2023-05-01 $448,000 (36.0%) $813,195 (69.0%) 0.00 104
    2023-06-01 $439,675 (27.0%) $737,625 (35.2%) 0.00 107
    2023-07-01 $399,000 (7.9%) $680,224 (18.0%) 0.00 133
    2023-08-01 $388,250 (5.3%) $650,895 (21.1%) 0.00 132
    2023-09-01 $390,000 (10.2%) $635,411 (22.2%) 0.00 139
    2023-10-01 $384,450 (9.9%) $566,400 (3.6%) 0.00 139
    2023-11-01 $385,725 (7.9%) $629,078 (7.6%) 0.00 133
    2023-12-01 $375,000 (-1.3%) $641,177 (-3.0%) 0.00 137
    2024-01-01 $373,375 (-6.5%) $631,104 (-12.9%) 0.00 123
    2024-02-01 $399,225 (-0.2%) $679,358 (-9.3%) 0.00 111
    2024-03-01 $399,900 (-0.5%) $669,282 (-15.9%) 0.00 124
    2024-04-01 $433,750 (5.8%) $679,779 (-13.1%) 0.00 131
    2024-05-01 $427,000 (-4.7%) $627,932 (-22.8%) 0.00 138
    2024-06-01 $425,500 (-3.2%) $611,920 (-17.0%) 0.00 147
    2024-07-01 $430,000 (7.8%) $609,507 (-10.4%) 0.00 156
    2024-08-01 $422,250 (8.8%) $612,891 (-5.8%) 0.00 165
    2024-09-01 $417,475 (7.0%) $595,040 (-6.4%) 0.00 169
    2024-10-01 $414,475 (7.8%) $570,268 (0.7%) 0.00 177
    2024-11-01 $389,000 (0.9%) $574,326 (-8.7%) 0.00 182
    2024-12-01 $379,849 (1.3%) $573,106 (-10.6%) 0.00 181
    2025-01-01 $384,950 (3.1%) $565,947 (-10.3%) 0.00 172
    2025-02-01 $382,348 (-4.2%) $625,635 (-7.9%) 0.00 175
    2025-03-01 $376,550 (-5.8%) $625,050 (-6.6%) 0.00 196
    Cornelia's median listing price for 2025-03-01 was $376,550, a difference of $-23,350 (-5.8%) versus the prior year and $-5,798 versus the prior month.

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

    Cornelia's average listing price for 2025-03-01 was $625,050, a difference of $-44,232 (-6.6%) versus the prior year and $-585 versus the prior month.

    For the 2025-03-01 period, Cornelia had 196 MLS listings, a difference of 21 listings (12%) versus the prior month and 72 listings (58%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cornelia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,345 sqft
    2018-02-01 0 days 2,466 sqft
    2018-03-01 0 days 2,520 sqft
    2018-04-01 0 days 2,631 sqft
    2018-05-01 0 days 2,627 sqft
    2018-06-01 0 days 2,562 sqft
    2018-07-01 0 days 2,500 sqft
    2018-08-01 0 days 2,528 sqft
    2018-09-01 0 days 2,582 sqft
    2018-10-01 0 days 2,517 sqft
    2018-11-01 0 days 2,425 sqft
    2018-12-01 0 days 2,400 sqft
    2019-01-01 0 days 2,475 sqft
    2019-02-01 0 days 2,583 sqft
    2019-03-01 0 days 2,579 sqft
    2019-04-01 0 days 2,574 sqft
    2019-05-01 0 days 2,582 sqft
    2019-06-01 0 days 2,579 sqft
    2019-07-01 0 days 2,527 sqft
    2019-08-01 0 days 2,452 sqft
    2019-09-01 0 days 2,423 sqft
    2019-10-01 0 days 2,386 sqft
    2019-11-01 0 days 2,350 sqft
    2019-12-01 0 days 2,403 sqft
    2020-01-01 0 days 2,529 sqft
    2020-02-01 0 days 2,496 sqft
    2020-03-01 0 days 2,458 sqft
    2020-04-01 0 days 2,469 sqft
    2020-05-01 0 days 2,555 sqft
    2020-06-01 0 days 2,560 sqft
    2020-07-01 0 days 2,442 sqft
    2020-08-01 0 days 2,400 sqft
    2020-09-01 0 days 2,320 sqft
    2020-10-01 0 days 2,218 sqft
    2020-11-01 0 days 2,278 sqft
    2020-12-01 0 days 2,279 sqft
    2021-01-01 0 days 2,451 sqft
    2021-02-01 0 days 2,153 sqft
    2021-03-01 0 days 2,187 sqft
    2021-04-01 0 days 2,161 sqft
    2021-05-01 0 days 2,040 sqft
    2021-06-01 0 days 2,192 sqft
    2021-07-01 0 days 2,288 sqft
    2021-08-01 0 days 2,166 sqft
    2021-09-01 0 days 2,135 sqft
    2021-10-01 0 days 2,126 sqft
    2021-11-01 0 days 2,000 sqft
    2021-12-01 0 days 2,012 sqft
    2022-01-01 0 days 1,991 sqft
    2022-02-01 0 days 1,869 sqft
    2022-03-01 0 days 1,981 sqft
    2022-04-01 0 days 1,794 sqft
    2022-05-01 0 days 1,747 sqft
    2022-06-01 0 days 1,919 sqft
    2022-07-01 0 days 2,089 sqft
    2022-08-01 0 days 2,185 sqft
    2022-09-01 0 days 2,177 sqft
    2022-10-01 0 days 2,110 sqft
    2022-11-01 0 days 2,220 sqft
    2022-12-01 0 days 2,161 sqft
    2023-01-01 0 days 2,199 sqft
    2023-02-01 0 days 2,197 sqft
    2023-03-01 0 days 2,229 sqft
    2023-04-01 0 days 2,393 sqft
    2023-05-01 0 days 2,440 sqft
    2023-06-01 0 days 2,248 sqft
    2023-07-01 0 days 2,161 sqft
    2023-08-01 0 days 2,155 sqft
    2023-09-01 0 days 2,131 sqft
    2023-10-01 0 days 2,162 sqft
    2023-11-01 0 days 2,164 sqft
    2023-12-01 0 days 2,102 sqft
    2024-01-01 0 days 1,912 sqft
    2024-02-01 0 days 2,179 sqft
    2024-03-01 0 days 2,180 sqft
    2024-04-01 0 days 2,158 sqft
    2024-05-01 0 days 2,144 sqft
    2024-06-01 0 days 2,205 sqft
    2024-07-01 0 days 2,266 sqft
    2024-08-01 0 days 2,262 sqft
    2024-09-01 0 days 2,221 sqft
    2024-10-01 0 days 2,189 sqft
    2024-11-01 0 days 2,131 sqft
    2024-12-01 0 days 2,058 sqft
    2025-01-01 0 days 1,931 sqft
    2025-02-01 0 days 1,927 sqft
    2025-03-01 0 days 1,912 sqft
    Cornelia's median listing age (time on market) for 2025-03-01 was 0 days.

    Cornelia's median square footage for active listings during the 2025-03-01 period was 1,912 sqft. One year prior, the average listing was 2,180 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.