Dyersburg VA Loan Rates, Closing Costs & Stats
Dyersburg, TN
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.
Dyersburg's 17 lenders originated 39 VA loans during 2023. The total origination value was $8,555,000, with an average VA loan value of $219,359.
Dyersburg VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Dyersburg
averaged
6.03%
for the week of 2024-10-11, compared to the national average (all VA variants) of
5.854% for the same period.
Dyersburg's average VA mortgage closing costs are $4,574.
The average rate for the prior week (2024-10-04) was
5.5% and
one month ago for the week of 2024-09-06, the
average rate was 5.59%.
The average rate one year ago was 7.16%.
For refis of the same type during the week of 2024-10-11, the average rate
was 6.05%.
Dyersburg 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 Dyersburg level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
Mortgage Research Center, LLC | 10 | 6.99% | $3,300 |
QUICKEN LOANS, LLC | 5 | 6.53% | $10,016 |
Regions Bank | 4 | 6.00% | $5,631 |
PENNYMAC LOAN SERVICES, LLC | 3 | 5.75% | $6,618 |
NEW DAY FINANCIAL, LLC | 2 | 7.63% | $5,649 |
UNITED WHOLESALE MORTGAGE, LLC | 2 | 5.81% | $8,315 |
Legacy Home Loans, LLC | 1 | 6.63% | $8,800 |
Patriot Bank | 1 | 6.88% | $3,927 |
Simmons Bank | 1 | 6.75% | $158 |
The Federal Savings Bank | 1 | 7.38% | $10,262 |
ACADEMY MORTGAGE CORPORATION | 1 | 6.63% | $3,600 |
USAA Federal Savings Bank | 1 | 6.13% | $13,069 |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 1 | 6.25% | $738 |
Barrington Bank & Trust Company, N.A. | 1 | 6.25% | $5,626 |
FirstBank | 1 | 6.99% | $695 |
FREEDOM MORTGAGE CORPORATION | 1 | 6.75% | $11,434 |
Leaders Credit Union | 1 | 5.50% | $11,222 |
The top Dyersburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with
10 VA loans originated. Their average total fees are
$3,300, which is $6,716
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Dyersburg VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($3,300), .
The lowest rate Dyersburg VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.99%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Dyersburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $115,500 (-11.5%) | $141,566 (-6.0%) | 0.00 | 111 |
2018-02-01 | $112,425 (-13.3%) | $144,130 (-5.3%) | 0.00 | 110 |
2018-03-01 | $118,500 (-8.8%) | $145,600 (-5.9%) | 0.00 | 102 |
2018-04-01 | $127,400 (-5.3%) | $152,310 (-0.2%) | 0.00 | 117 |
2018-05-01 | $126,700 (-5.2%) | $154,104 (-0.4%) | 0.00 | 130 |
2018-06-01 | $133,500 (-4.3%) | $162,459 (1.4%) | 0.00 | 131 |
2018-07-01 | $133,500 (2.8%) | $157,814 (2.9%) | 0.00 | 133 |
2018-08-01 | $132,450 (4.0%) | $154,272 (3.5%) | 0.00 | 135 |
2018-09-01 | $136,700 (9.8%) | $155,215 (5.6%) | 0.00 | 140 |
2018-10-01 | $148,650 (22.7%) | $165,813 (15.2%) | 0.00 | 137 |
2018-11-01 | $136,000 (13.4%) | $159,651 (10.7%) | 0.00 | 141 |
2018-12-01 | $138,000 (17.0%) | $160,570 (10.4%) | 0.00 | 133 |
2019-01-01 | $139,900 (21.1%) | $161,815 (14.3%) | 0.00 | 121 |
2019-02-01 | $144,200 (28.3%) | $165,088 (14.5%) | 0.00 | 119 |
2019-03-01 | $154,186 (30.1%) | $168,642 (15.8%) | 0.00 | 115 |
2019-04-01 | $159,900 (25.5%) | $169,778 (11.5%) | 0.00 | 119 |
2019-05-01 | $157,400 (24.2%) | $172,385 (11.9%) | 0.00 | 122 |
2019-06-01 | $154,700 (15.9%) | $173,422 (6.8%) | 0.00 | 114 |
2019-07-01 | $134,975 (1.1%) | $164,315 (4.1%) | 0.00 | 105 |
2019-08-01 | $139,091 (5.0%) | $162,871 (5.6%) | 0.00 | 104 |
2019-09-01 | $145,227 (6.2%) | $160,657 (3.5%) | 0.00 | 104 |
2019-10-01 | $150,000 (0.9%) | $159,439 (-3.8%) | 0.00 | 106 |
2019-11-01 | $154,900 (13.9%) | $165,472 (3.7%) | 0.00 | 100 |
2019-12-01 | $152,425 (10.5%) | $168,804 (5.1%) | 0.00 | 86 |
2020-01-01 | $149,900 (7.2%) | $164,682 (1.8%) | 0.00 | 89 |
2020-02-01 | $138,700 (-3.8%) | $155,846 (-5.6%) | 0.00 | 80 |
2020-03-01 | $143,000 (-7.3%) | $150,409 (-10.8%) | 0.00 | 80 |
2020-04-01 | $148,950 (-6.9%) | $156,599 (-7.8%) | 0.00 | 77 |
2020-05-01 | $149,250 (-5.2%) | $161,292 (-6.4%) | 0.00 | 80 |
2020-06-01 | $164,550 (6.4%) | $178,677 (3.0%) | 0.00 | 62 |
2020-07-01 | $161,450 (19.6%) | $171,369 (4.3%) | 0.00 | 62 |
2020-08-01 | $131,200 (-5.7%) | $165,520 (1.6%) | 0.00 | 59 |
2020-09-01 | $132,450 (-8.8%) | $164,942 (2.7%) | 0.00 | 39 |
2020-10-01 | $117,400 (-21.7%) | $145,814 (-8.6%) | 0.00 | 36 |
2020-11-01 | $119,000 (-23.2%) | $151,340 (-8.5%) | 0.00 | 39 |
2020-12-01 | $107,250 (-29.6%) | $151,791 (-10.1%) | 0.00 | 38 |
2021-01-01 | $104,950 (-30.0%) | $138,903 (-15.7%) | 0.00 | 34 |
2021-02-01 | $94,500 (-31.9%) | $126,282 (-19.0%) | 0.00 | 38 |
2021-03-01 | $78,000 (-45.5%) | $130,358 (-13.3%) | 0.00 | 32 |
2021-04-01 | $130,125 (-12.6%) | $181,957 (16.2%) | 0.00 | 27 |
2021-05-01 | $149,400 (0.1%) | $213,950 (32.7%) | 0.00 | 23 |
2021-06-01 | $134,450 (-18.3%) | $188,250 (5.4%) | 0.00 | 39 |
2021-07-01 | $139,900 (-13.4%) | $188,666 (10.1%) | 0.00 | 44 |
2021-08-01 | $139,500 (6.3%) | $172,890 (4.5%) | 0.00 | 53 |
2021-09-01 | $151,150 (14.1%) | $177,651 (7.7%) | 0.00 | 57 |
2021-10-01 | $154,900 (31.9%) | $182,128 (24.9%) | 0.00 | 48 |
2021-11-01 | $117,300 (-1.4%) | $169,215 (11.8%) | 0.00 | 50 |
2021-12-01 | $99,450 (-7.3%) | $148,042 (-2.5%) | 0.00 | 58 |
2022-01-01 | $85,000 (-19.0%) | $135,140 (-2.7%) | 0.00 | 48 |
2022-02-01 | $117,500 (24.3%) | $153,827 (21.8%) | 0.00 | 42 |
2022-03-01 | $136,175 (74.6%) | $172,291 (32.2%) | 0.00 | 37 |
2022-04-01 | $154,950 (19.1%) | $184,703 (1.5%) | 0.00 | 46 |
2022-05-01 | $171,950 (15.1%) | $199,708 (-6.7%) | 0.00 | 51 |
2022-06-01 | $158,450 (17.9%) | $202,585 (7.6%) | 0.00 | 49 |
2022-07-01 | $159,000 (13.7%) | $215,137 (14.0%) | 0.00 | 57 |
2022-08-01 | $198,650 (42.4%) | $241,876 (39.9%) | 0.00 | 68 |
2022-09-01 | $231,925 (53.4%) | $254,783 (43.4%) | 0.00 | 74 |
2022-10-01 | $239,500 (54.6%) | $261,365 (43.5%) | 0.00 | 70 |
2022-11-01 | $226,925 (93.5%) | $253,377 (49.7%) | 0.00 | 75 |
2022-12-01 | $247,250 (148.6%) | $261,697 (76.8%) | 0.00 | 71 |
2023-01-01 | $248,450 (192.3%) | $255,585 (89.1%) | 0.00 | 68 |
2023-02-01 | $238,950 (103.4%) | $245,211 (59.4%) | 0.00 | 54 |
2023-03-01 | $241,150 (77.1%) | $239,532 (39.0%) | 0.00 | 52 |
2023-04-01 | $226,200 (46.0%) | $236,987 (28.3%) | 0.00 | 53 |
2023-05-01 | $229,900 (33.7%) | $236,862 (18.6%) | 0.00 | 53 |
2023-06-01 | $235,975 (48.9%) | $244,924 (20.9%) | 0.00 | 65 |
2023-07-01 | $224,250 (41.0%) | $254,703 (18.4%) | 0.00 | 54 |
2023-08-01 | $232,300 (16.9%) | $246,567 (1.9%) | 0.00 | 62 |
2023-09-01 | $214,950 (-7.3%) | $222,427 (-12.7%) | 0.00 | 71 |
2023-10-01 | $197,975 (-17.3%) | $215,769 (-17.5%) | 0.00 | 70 |
2023-11-01 | $194,450 (-14.3%) | $214,259 (-15.4%) | 0.00 | 77 |
2023-12-01 | $184,900 (-25.2%) | $221,346 (-15.4%) | 0.00 | 80 |
2024-01-01 | $189,825 (-23.6%) | $225,176 (-11.9%) | 0.00 | 83 |
2024-02-01 | $198,975 (-16.7%) | $226,582 (-7.6%) | 0.00 | 69 |
2024-03-01 | $224,900 (-6.7%) | $262,599 (9.6%) | 0.00 | 67 |
2024-04-01 | $232,325 (2.7%) | $257,581 (8.7%) | 0.00 | 81 |
2024-05-01 | $237,975 (3.5%) | $253,099 (6.9%) | 0.00 | 79 |
2024-06-01 | $229,900 (-2.6%) | $244,189 (-0.3%) | 0.00 | 82 |
2024-07-01 | $232,450 (3.7%) | $251,269 (-1.4%) | 0.00 | 73 |
2024-08-01 | $229,900 (-1.0%) | $248,398 (0.7%) | 0.00 | 80 |
2024-09-01 | $229,675 (6.9%) | $252,644 (13.6%) | 0.00 | 81 |
Dyersburg's median listing price comes in at 0% of the national average.
Dyersburg's average listing price for 2024-09-01 was $252,644, a difference of $30,217 (13.6%) versus the prior year and $4,246 versus the prior month.
For the 2024-09-01 period, Dyersburg had 81 MLS listings, a difference of 1 listings (1%) versus the prior month and 10 listings (14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Dyersburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,665 sqft |
2018-02-01 | 0 days | 1,655 sqft |
2018-03-01 | 0 days | 1,648 sqft |
2018-04-01 | 0 days | 1,673 sqft |
2018-05-01 | 0 days | 1,648 sqft |
2018-06-01 | 0 days | 1,778 sqft |
2018-07-01 | 0 days | 1,769 sqft |
2018-08-01 | 0 days | 1,769 sqft |
2018-09-01 | 0 days | 1,792 sqft |
2018-10-01 | 0 days | 1,947 sqft |
2018-11-01 | 0 days | 1,865 sqft |
2018-12-01 | 0 days | 1,902 sqft |
2019-01-01 | 0 days | 1,847 sqft |
2019-02-01 | 0 days | 1,843 sqft |
2019-03-01 | 0 days | 1,847 sqft |
2019-04-01 | 0 days | 1,841 sqft |
2019-05-01 | 0 days | 1,882 sqft |
2019-06-01 | 0 days | 1,928 sqft |
2019-07-01 | 0 days | 1,848 sqft |
2019-08-01 | 0 days | 1,865 sqft |
2019-09-01 | 0 days | 1,902 sqft |
2019-10-01 | 0 days | 1,927 sqft |
2019-11-01 | 0 days | 1,946 sqft |
2019-12-01 | 0 days | 1,990 sqft |
2020-01-01 | 0 days | 2,022 sqft |
2020-02-01 | 0 days | 1,883 sqft |
2020-03-01 | 0 days | 1,862 sqft |
2020-04-01 | 0 days | 1,962 sqft |
2020-05-01 | 0 days | 1,915 sqft |
2020-06-01 | 0 days | 1,990 sqft |
2020-07-01 | 0 days | 2,089 sqft |
2020-08-01 | 0 days | 1,937 sqft |
2020-09-01 | 0 days | 2,073 sqft |
2020-10-01 | 0 days | 1,539 sqft |
2020-11-01 | 0 days | 1,604 sqft |
2020-12-01 | 0 days | 1,696 sqft |
2021-01-01 | 0 days | 1,512 sqft |
2021-02-01 | 0 days | 1,477 sqft |
2021-03-01 | 0 days | 1,440 sqft |
2021-04-01 | 0 days | 1,670 sqft |
2021-05-01 | 0 days | 1,891 sqft |
2021-06-01 | 0 days | 1,620 sqft |
2021-07-01 | 0 days | 1,642 sqft |
2021-08-01 | 0 days | 1,683 sqft |
2021-09-01 | 0 days | 1,801 sqft |
2021-10-01 | 0 days | 1,729 sqft |
2021-11-01 | 0 days | 1,510 sqft |
2021-12-01 | 0 days | 1,475 sqft |
2022-01-01 | 0 days | 1,392 sqft |
2022-02-01 | 0 days | 1,695 sqft |
2022-03-01 | 0 days | 1,677 sqft |
2022-04-01 | 0 days | 1,660 sqft |
2022-05-01 | 0 days | 1,696 sqft |
2022-06-01 | 0 days | 1,732 sqft |
2022-07-01 | 0 days | 1,782 sqft |
2022-08-01 | 0 days | 1,840 sqft |
2022-09-01 | 0 days | 1,871 sqft |
2022-10-01 | 0 days | 1,892 sqft |
2022-11-01 | 0 days | 1,876 sqft |
2022-12-01 | 0 days | 2,022 sqft |
2023-01-01 | 0 days | 2,025 sqft |
2023-02-01 | 0 days | 1,875 sqft |
2023-03-01 | 0 days | 1,938 sqft |
2023-04-01 | 0 days | 1,933 sqft |
2023-05-01 | 0 days | 1,943 sqft |
2023-06-01 | 0 days | 1,922 sqft |
2023-07-01 | 0 days | 1,987 sqft |
2023-08-01 | 0 days | 1,999 sqft |
2023-09-01 | 0 days | 1,869 sqft |
2023-10-01 | 0 days | 1,876 sqft |
2023-11-01 | 0 days | 1,840 sqft |
2023-12-01 | 0 days | 1,633 sqft |
2024-01-01 | 0 days | 1,635 sqft |
2024-02-01 | 0 days | 1,721 sqft |
2024-03-01 | 0 days | 1,789 sqft |
2024-04-01 | 0 days | 1,780 sqft |
2024-05-01 | 0 days | 1,805 sqft |
2024-06-01 | 0 days | 1,731 sqft |
2024-07-01 | 0 days | 1,727 sqft |
2024-08-01 | 0 days | 1,678 sqft |
2024-09-01 | 0 days | 1,695 sqft |
Dyersburg's median square footage for active listings during the 2024-09-01 period was 1,695 sqft. One year prior, the average listing was 1,869 sqft.