Dalton VA Loan Rates, Closing Costs & Stats

DALTON, GA

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.

Dalton's 34 lenders originated 118 VA loans during 2023. The total origination value was $33,330,000, with an average VA loan value of $282,458.

Dalton VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Dalton averaged 0.05% for the week of 2024-11-29, compared to the national average (all VA variants) of 0% for the same period.

Dalton's average VA mortgage closing costs are $5,622.

The average rate for the prior week (2024-11-22) was 6.82% and one month ago for the week of 2024-10-25, the average rate was 6.52%.

The average rate one year ago was 6.96%.

For refis of the same type during the week of 2024-11-29, the average rate was 0.54%.

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

Dalton 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 Dalton level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 29 6.94% $4,825
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 7.19% $6,332
FirstBank 6 6.25% $5,553
QUICKEN LOANS, LLC 6 6.08% $15,063
STOCKTON MORTGAGE CORPORATION 6 6.29% $8,664
UNITED WHOLESALE MORTGAGE, LLC 6 5.73% $9,724
NAVY FEDERAL CREDIT UNION 5 5.98% $6,913
MOVEMENT MORTGAGE, LLC 5 6.85% $6,638
UNION HOME MORTGAGE CORP. 3 7.29% $6,635
Mid-Continent Funding, Inc. 3 6.42% $5,598
BANKSOUTH MORTGAGE COMPANY, LLC 3 5.96% $4,477
CROSSCOUNTRY MORTGAGE, LLC 3 6.52% $8,480
PENNYMAC LOAN SERVICES, LLC 3 5.88% $11,308
MORTGAGE INVESTORS GROUP, INC. 2 5.94% $4,409
NEW DAY FINANCIAL, LLC 2 7.75% $8,178
SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 7.25% $10,376
SOVEREIGN LENDING GROUP INCORPORATED 1 6.13% $6,851
The Federal Savings Bank 1 7.50% $22,768
AMERICAN FINANCIAL RESOURCES, INC. 1 7.75% $3,965
USAA Federal Savings Bank 1 7.50% $2,296
AMERISAVE MORTGAGE CORPORATION 1 5.75% $20,977
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.13% $7,653
Barrington Bank & Trust Company, N.A. 1 6.13% $2,030
Flagstar Bank, FSB 1 6.75% $6,071
FREEDOM MORTGAGE CORPORATION 1 6.75% $5,711
GUARANTEED RATE, INC. 1 6.13% $13,044
GUILD MORTGAGE COMPANY 1 6.63% $3,739
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.63% $4,320
LEADERONE FINANCIAL CORPORATION 1 6.75% $8,120
MID AMERICA MORTGAGE, INC. 1 6.63% $4,164
MY MORTGAGE, INC. 1 7.13% $16,211
Prosperity Home Mortgage, LLC 1 5.25% $6,913
Regions Bank 1 5.25% $26,304
Renasant Bank 1 7.50% $6,776

The top Dalton VA lender as defined by loan originations is Mortgage Research Center, LLC, with 29 VA loans originated. Their average total fees are $4,825, which is $1,507 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

The lowest fee Dalton VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,825), .

The lowest rate Dalton VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.94%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Dalton (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 $169,500 (2.4%) $250,905 (10.3%) 0.00 318
2018-02-01 $169,900 (3.0%) $249,409 (13.2%) 0.00 327
2018-03-01 $169,900 (3.0%) $250,115 (17.1%) 0.00 321
2018-04-01 $175,250 (3.7%) $259,321 (18.2%) 0.00 327
2018-05-01 $179,900 (5.9%) $256,616 (10.4%) 0.00 305
2018-06-01 $179,900 (4.4%) $243,175 (2.6%) 0.00 314
2018-07-01 $172,450 (-6.8%) $241,297 (-3.8%) 0.00 322
2018-08-01 $170,425 (-1.7%) $241,644 (-1.1%) 0.00 317
2018-09-01 $174,950 (3.0%) $245,357 (3.4%) 0.00 337
2018-10-01 $179,200 (8.7%) $240,156 (3.7%) 0.00 326
2018-11-01 $178,225 (5.7%) $242,477 (3.4%) 0.00 313
2018-12-01 $173,500 (2.1%) $233,727 (-2.4%) 0.00 317
2019-01-01 $175,450 (3.5%) $230,426 (-8.2%) 0.00 301
2019-02-01 $177,000 (4.2%) $235,879 (-5.4%) 0.00 291
2019-03-01 $182,171 (7.2%) $242,505 (-3.0%) 0.00 280
2019-04-01 $185,871 (6.1%) $243,252 (-6.2%) 0.00 266
2019-05-01 $188,400 (4.7%) $239,600 (-6.6%) 0.00 271
2019-06-01 $189,900 (5.6%) $247,092 (1.6%) 0.00 297
2019-07-01 $189,450 (9.9%) $243,905 (1.1%) 0.00 298
2019-08-01 $189,973 (11.5%) $250,112 (3.5%) 0.00 312
2019-09-01 $189,932 (8.6%) $247,303 (0.8%) 0.00 329
2019-10-01 $189,875 (6.0%) $245,028 (2.0%) 0.00 337
2019-11-01 $184,400 (3.5%) $241,137 (-0.6%) 0.00 332
2019-12-01 $184,400 (6.3%) $237,791 (1.7%) 0.00 314
2020-01-01 $179,900 (2.5%) $234,315 (1.7%) 0.00 289
2020-02-01 $192,450 (8.7%) $243,199 (3.1%) 0.00 291
2020-03-01 $199,900 (9.7%) $245,061 (1.1%) 0.00 274
2020-04-01 $203,400 (9.4%) $249,220 (2.5%) 0.00 258
2020-05-01 $219,900 (16.7%) $263,623 (10.0%) 0.00 227
2020-06-01 $228,450 (20.3%) $275,568 (11.5%) 0.00 198
2020-07-01 $235,558 (24.3%) $279,505 (14.6%) 0.00 170
2020-08-01 $230,000 (21.1%) $292,117 (16.8%) 0.00 162
2020-09-01 $249,400 (31.3%) $291,798 (18.0%) 0.00 165
2020-10-01 $239,900 (26.4%) $285,896 (16.7%) 0.00 175
2020-11-01 $246,988 (33.9%) $278,171 (15.4%) 0.00 191
2020-12-01 $249,925 (35.5%) $291,971 (22.8%) 0.00 170
2021-01-01 $249,900 (38.9%) $290,281 (23.9%) 0.00 154
2021-02-01 $265,950 (38.2%) $307,920 (26.6%) 0.00 120
2021-03-01 $239,900 (20.0%) $302,692 (23.5%) 0.00 93
2021-04-01 $243,900 (19.9%) $319,553 (28.2%) 0.00 91
2021-05-01 $249,900 (13.6%) $324,793 (23.2%) 0.00 96
2021-06-01 $259,600 (13.6%) $354,912 (28.8%) 0.00 107
2021-07-01 $249,900 (6.1%) $343,415 (22.9%) 0.00 140
2021-08-01 $254,725 (10.8%) $341,429 (16.9%) 0.00 171
2021-09-01 $238,700 (-4.3%) $341,163 (16.9%) 0.00 176
2021-10-01 $250,000 (4.2%) $347,117 (21.4%) 0.00 180
2021-11-01 $249,675 (1.1%) $354,874 (27.6%) 0.00 185
2021-12-01 $248,000 (-0.8%) $358,796 (22.9%) 0.00 183
2022-01-01 $239,900 (-4.0%) $365,754 (26.0%) 0.00 167
2022-02-01 $249,950 (-6.0%) $380,305 (23.5%) 0.00 143
2022-03-01 $268,700 (12.0%) $383,927 (26.8%) 0.00 130
2022-04-01 $272,500 (11.7%) $400,407 (25.3%) 0.00 125
2022-05-01 $266,225 (6.5%) $375,086 (15.5%) 0.00 204
2022-06-01 $282,425 (8.8%) $360,173 (1.5%) 0.00 233
2022-07-01 $279,900 (12.0%) $360,291 (4.9%) 0.00 271
2022-08-01 $279,788 (9.8%) $362,219 (6.1%) 0.00 301
2022-09-01 $279,950 (17.3%) $352,624 (3.4%) 0.00 309
2022-10-01 $274,900 (10.0%) $337,738 (-2.7%) 0.00 301
2022-11-01 $266,075 (6.6%) $334,559 (-5.7%) 0.00 288
2022-12-01 $273,450 (10.3%) $350,302 (-2.4%) 0.00 249
2023-01-01 $269,950 (12.5%) $345,771 (-5.5%) 0.00 199
2023-02-01 $279,925 (12.0%) $364,843 (-4.1%) 0.00 188
2023-03-01 $299,900 (11.6%) $368,771 (-4.0%) 0.00 157
2023-04-01 $299,900 (10.1%) $363,475 (-9.2%) 0.00 143
2023-05-01 $315,250 (18.4%) $389,203 (3.8%) 0.00 147
2023-06-01 $312,500 (10.7%) $390,344 (8.4%) 0.00 177
2023-07-01 $310,000 (10.8%) $381,316 (5.8%) 0.00 195
2023-08-01 $312,113 (11.6%) $380,274 (5.0%) 0.00 220
2023-09-01 $325,000 (16.1%) $436,588 (23.8%) 0.00 207
2023-10-01 $324,950 (18.2%) $446,628 (32.2%) 0.00 233
2023-11-01 $315,000 (18.4%) $446,615 (33.5%) 0.00 258
2023-12-01 $325,000 (18.9%) $456,984 (30.5%) 0.00 255
2024-01-01 $325,000 (20.4%) $462,571 (33.8%) 0.00 249
2024-02-01 $334,625 (19.5%) $470,420 (28.9%) 0.00 240
2024-03-01 $341,950 (14.0%) $467,933 (26.9%) 0.00 238
2024-04-01 $329,925 (10.0%) $428,789 (18.0%) 0.00 249
2024-05-01 $360,000 (14.2%) $486,022 (24.9%) 0.00 253
2024-06-01 $354,900 (13.6%) $473,652 (21.3%) 0.00 273
2024-07-01 $334,393 (7.9%) $448,672 (17.7%) 0.00 291
2024-08-01 $329,900 (5.7%) $430,019 (13.1%) 0.00 295
2024-09-01 $312,475 (-3.9%) $418,805 (-4.1%) 0.00 291
2024-10-01 $300,783 (-7.4%) $407,944 (-8.7%) 0.00 323
Dalton's median listing price for 2024-10-01 was $300,783, a difference of $-24,167 (-7.4%) versus the prior year and $-11,692 versus the prior month.

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

Dalton's average listing price for 2024-10-01 was $407,944, a difference of $-38,684 (-8.7%) versus the prior year and $-10,861 versus the prior month.

For the 2024-10-01 period, Dalton had 323 MLS listings, a difference of 32 listings (11%) versus the prior month and 90 listings (39%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Dalton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,001 sqft
2018-02-01 0 days 1,979 sqft
2018-03-01 0 days 2,028 sqft
2018-04-01 0 days 2,108 sqft
2018-05-01 0 days 2,114 sqft
2018-06-01 0 days 2,130 sqft
2018-07-01 0 days 2,086 sqft
2018-08-01 0 days 1,931 sqft
2018-09-01 0 days 1,917 sqft
2018-10-01 0 days 2,028 sqft
2018-11-01 0 days 2,015 sqft
2018-12-01 0 days 1,918 sqft
2019-01-01 0 days 1,985 sqft
2019-02-01 0 days 1,976 sqft
2019-03-01 0 days 2,047 sqft
2019-04-01 0 days 2,084 sqft
2019-05-01 0 days 2,062 sqft
2019-06-01 0 days 2,033 sqft
2019-07-01 0 days 1,939 sqft
2019-08-01 0 days 1,967 sqft
2019-09-01 0 days 1,951 sqft
2019-10-01 0 days 1,932 sqft
2019-11-01 0 days 1,943 sqft
2019-12-01 0 days 1,948 sqft
2020-01-01 0 days 1,915 sqft
2020-02-01 0 days 1,913 sqft
2020-03-01 0 days 1,910 sqft
2020-04-01 0 days 1,894 sqft
2020-05-01 0 days 2,080 sqft
2020-06-01 0 days 2,226 sqft
2020-07-01 0 days 2,312 sqft
2020-08-01 0 days 2,340 sqft
2020-09-01 0 days 2,382 sqft
2020-10-01 0 days 2,268 sqft
2020-11-01 0 days 2,218 sqft
2020-12-01 0 days 2,154 sqft
2021-01-01 0 days 2,069 sqft
2021-02-01 0 days 2,141 sqft
2021-03-01 0 days 1,881 sqft
2021-04-01 0 days 1,947 sqft
2021-05-01 0 days 1,880 sqft
2021-06-01 0 days 1,901 sqft
2021-07-01 0 days 1,900 sqft
2021-08-01 0 days 1,873 sqft
2021-09-01 0 days 1,792 sqft
2021-10-01 0 days 1,802 sqft
2021-11-01 0 days 1,796 sqft
2021-12-01 0 days 1,738 sqft
2022-01-01 0 days 1,700 sqft
2022-02-01 0 days 1,765 sqft
2022-03-01 0 days 1,819 sqft
2022-04-01 0 days 1,814 sqft
2022-05-01 0 days 1,572 sqft
2022-06-01 0 days 1,588 sqft
2022-07-01 0 days 1,764 sqft
2022-08-01 0 days 1,710 sqft
2022-09-01 0 days 1,680 sqft
2022-10-01 0 days 1,680 sqft
2022-11-01 0 days 1,664 sqft
2022-12-01 0 days 1,744 sqft
2023-01-01 0 days 1,696 sqft
2023-02-01 0 days 1,724 sqft
2023-03-01 0 days 1,838 sqft
2023-04-01 0 days 1,863 sqft
2023-05-01 0 days 1,876 sqft
2023-06-01 0 days 1,860 sqft
2023-07-01 0 days 1,928 sqft
2023-08-01 0 days 1,925 sqft
2023-09-01 0 days 1,923 sqft
2023-10-01 0 days 1,920 sqft
2023-11-01 0 days 1,931 sqft
2023-12-01 0 days 1,895 sqft
2024-01-01 0 days 1,819 sqft
2024-02-01 0 days 1,810 sqft
2024-03-01 0 days 1,807 sqft
2024-04-01 0 days 1,800 sqft
2024-05-01 0 days 1,984 sqft
2024-06-01 0 days 1,877 sqft
2024-07-01 0 days 1,887 sqft
2024-08-01 0 days 1,826 sqft
2024-09-01 0 days 1,800 sqft
2024-10-01 0 days 1,800 sqft
Dalton's median listing age (time on market) for 2024-10-01 was 0 days.

Dalton's median square footage for active listings during the 2024-10-01 period was 1,800 sqft. One year prior, the average listing was 1,920 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.