Goldsboro VA Loans

GOLDSBORO, NC

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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 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.

    Goldsboro's 115 lenders originated 1,268 VA loans during 2021. The total origination value was $271,180,000, with an average VA loan value of $213,864.

    Goldsboro VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Goldsboro averaged 5.39% for the week of 2022-05-13, compared to the national average (all VA variants) of 5.158% for the same period.

    The average rate for the prior week (2022-05-06) was 5.62% and one month ago for the week of 2022-04-08, the average rate was 4.84%.

    The average rate one year ago was 3.25%.

    For refis of the same type during the week of 2022-05-13, the average rate was 4.96%.

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

    Goldsboro VA Loan Lenders by Rates & Fees

    The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Goldsboro level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    Wells Fargo Bank 148 2.59% $5,181
    Mortgage Research Center, LLC 126 2.92% $5,371
    QUICKEN LOANS, LLC 75 2.55% $4,183
    MOVEMENT MORTGAGE, LLC 68 2.93% $5,613
    FREEDOM MORTGAGE CORPORATION 66 2.44% $2,497
    CORNERSTONE HOME LENDING, INC. 52 2.87% $4,981
    USAA Federal Savings Bank 40 2.89% $6,373
    NAVY FEDERAL CREDIT UNION 40 2.47% $6,413
    LAKEVIEW LOAN SERVICING, LLC 37 2.52% $2,520
    PENNYMAC LOAN SERVICES, LLC 37 2.37% $4,391
    UNITED WHOLESALE MORTGAGE, LLC 30 2.51% $4,489
    NEW DAY FINANCIAL, LLC 27 2.89% $5,977
    VILLAGE CAPITAL & INVESTMENT LLC 24 2.34% $3,471
    CLEARPATH LENDING 16 2.29% $3,061
    LOANDEPOT.COM, LLC 16 2.69% $2,015
    HOME POINT FINANCIAL CORPORATION 10 2.81% $4,477
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 10 3.31% $7,221
    CALIBER HOME LOANS, INC. 10 2.50% $2,514
    CROSSCOUNTRY MORTGAGE, LLC 9 2.87% $5,459
    PENTAGON FEDERAL CREDIT UNION 9 2.42% $1,429
    GUARANTEED RATE, INC. 9 2.74% $3,257
    FIRST COMMUNITY MORTGAGE, INC. 9 2.63% $5,917
    Hometown Lenders, Inc. 8 2.91% $7,884
    KELLER MORTGAGE, LLC 8 2.92% $6,965
    The Federal Savings Bank 7 2.84% $6,619
    Mr. Cooper ( Nationstar Mortgage ) 7 2.63% $3,145
    American Security Mortgage Corp. 7 2.54% $9,698
    MICHIGAN MUTUAL, INC. 7 3.11% $9,542
    Barrington Bank & Trust Company, N.A. 6 2.74% $4,007
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 6 3.56% $5,683
    Truist Bank 5 2.65% $2,943
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 2.90% $5,106
    AMERIFIRST FINANCIAL CORPORATION 5 2.45% $3,520
    Flagstar Bank, FSB 5 2.65% $9,795
    NP, Inc. 5 2.38% $6,758
    ACCELERATE MORTGAGE, LLC 5 2.40% $8,242
    ACADEMY MORTGAGE CORPORATION 4 2.94% $6,832
    Alcova Mortgage LLC 4 3.06% $4,131
    AMERICAN FINANCIAL NETWORK, INC. 4 2.28% $6,860
    AMERISAVE MORTGAGE CORPORATION 4 3.06% $5,290
    Carrington Mortgage Services, LLC 4 3.25% $4,004
    HOMESPIRE MORTGAGE CORPORATION 4 3.06% $3,957
    InterContinental Capital Group, Inc 4 2.47% $3,003
    Low VA Rates, LLC 4 2.63% $3,861
    North American Savings Bank, F.S.B. 4 2.59% $6,263
    Towne Mortgage of the Carolinas, LLC 4 2.69% $9,900
    Prosperity Home Mortgage, LLC 3 2.54% $5,422
    UNION HOME MORTGAGE CORP. 3 2.25% $9,023
    First Federal Bank 3 2.92% $4,454
    PLANET HOME LENDING, LLC 3 3.42% $3,542
    North State Bank 3 2.38% $1,744
    NFM, INC. 3 3.00% $8,043
    CRESCENT MORTGAGE COMPANY 3 3.04% $2,510
    First Guaranty Mortgage Corporation 3 2.58% $7,022
    RESIDENTIAL MORTGAGE SERVICES, INC. 3 2.54% $4,796
    First-Citizens Bank & Trust Company 2 2.75% $2,897
    GUILD MORTGAGE COMPANY 2 3.31% $6,375
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 2.87% $4,483
    Fifth Third Bank 2 2.69% $3,632
    Ameris Bank 2 2.50% $2,541
    FBC MORTGAGE, LLC 2 2.88% $6,650
    Lakeview Community Capital, LLC 2 2.63% $2,713
    Magnolia Bank 2 3.00% $8,692
    Mid-Continent Funding, Inc. 2 2.75% $3,678
    CONTOUR MORTGAGE CORPORATION 2 2.69% $9,752
    NBKC BANK 2 2.75% $3,634
    BROKER SOLUTIONS, INC. 2 2.43% $3,189
    PNC Bank 2 2.69% $1,684
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.06% $3,137
    RELIANCE FIRST CAPITAL, LLC 2 2.63% $4,725
    TOWNE MORTGAGE COMPANY 2 3.19% $7,191
    Wyndham Capital Mortgage, Inc. 2 2.44% $1,493
    Trustmark National Bank 2 2.31% $2,609
    GoPrime Mortgage, Inc. 2 2.63% $3,150
    Nations Lending Corporation 1 3.63% $7,621
    CHURCHILL MORTGAGE CORPORATION 1 2.88% $2,389
    FINANCE OF AMERICA MORTGAGE LLC 1 2.38% $1,935
    CAPITAL CENTER, L.L.C. 1 2.75% $0
    NEWREZ LLC 1 2.38% $5,713
    LOANPAL, LLC 1 2.50% $3,694
    AMCAP MORTGAGE, LTD. 1 5.13% $3,887
    EMBRACE HOME LOANS, INC. 1 2.25% $2,898
    Capital Bank 1 2.50% $6,631
    ON Q FINANCIAL, INC. 1 2.25% $4,292
    Paramount Residential Mortgage Group, Inc. 1 3.13% $5,612
    HOMESTEAD FUNDING CORP. 1 2.88% $6,860
    BNC National Bank 1 2.25% $2,318
    Plains Commerce Bank 1 2.75% $3,450
    Equity Prime Mortgage LLC 1 3.00% $1,724
    United Bank 1 2.75% $2,883
    UNITED SECURITY FINANCIAL CORP 1 1.75% $5,987
    JPMorgan Chase Bank 1 3.25% $1,395
    BAYSHORE MORTGAGE FUNDING, LLC 1 2.50% $4,345
    Regions Bank 1 2.63% $10,902
    First Horizon Bank 1 2.75% $10,099
    JET HOMELOANS, LLC 1 3.13% $1,755
    Residential Mortgage Solutions, Inc. 1 2.88% $9,644
    ROYAL UNITED MORTGAGE LLC 1 2.88% $10,437
    SOVEREIGN LENDING GROUP INCORPORATED 1 2.75% $5,513
    STEARNS LENDING, LLC 1 2.75% $1,899
    SUN WEST MORTGAGE COMPANY, INC. 1 2.25% $1,308
    Arvest Bank 1 2.75% $0
    TJC Mortgage, Inc. 1 2.63% $3,135
    First Midwest Bank 1 2.25% $1,740
    Manufacturers and Traders Trust Company 1 2.38% $4,010
    DAS Acquisition Company, LLC 1 3.25% $6,475
    MID AMERICA MORTGAGE, INC. 1 2.25% $1,152
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 2.25% $2,783
    MILEND, INC. 1 2.50% $4,286
    MORTGAGE EQUITY PARTNERS LLC 1 3.25% $3,473
    AMERICAN FINANCING CORPORATION 1 2.75% $2,705
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 2.50% $2,300
    Armed Forces Bank 1 2.25% $4,411
    CMG MORTGAGE, INC. 1 2.25% $13,441
    MUTUAL OF OMAHA MORTGAGE, INC. 1 2.25% $1,706

    The top Goldsboro VA lender as defined by loan originations is Wells Fargo Bank, with 148 VA loans originated. Their average total fees are $5,181, which is $191 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Goldsboro VA lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC ($2,015), FREEDOM MORTGAGE CORPORATION ($2,497), CALIBER HOME LOANS, INC. ($2,514), LAKEVIEW LOAN SERVICING, LLC ($2,520) and CLEARPATH LENDING ($3,061).

    The lowest rate Goldsboro VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.29%), VILLAGE CAPITAL & INVESTMENT LLC (2.34%), PENNYMAC LOAN SERVICES, LLC (2.37%), FREEDOM MORTGAGE CORPORATION (2.44%) and NAVY FEDERAL CREDIT UNION (2.47%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Goldsboro (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 $172,900 (4.9%) $180,211 (0.7%) 0.00 482
    2018-02-01 $170,900 (6.6%) $180,029 (2.9%) 0.00 462
    2018-03-01 $169,900 (6.3%) $183,487 (5.0%) 0.00 415
    2018-04-01 $164,950 (2.5%) $182,588 (1.7%) 0.00 436
    2018-05-01 $165,950 (-0.9%) $183,335 (0.7%) 0.00 445
    2018-06-01 $167,000 (1.3%) $185,775 (2.9%) 0.00 441
    2018-07-01 $169,450 (2.8%) $187,641 (3.6%) 0.00 463
    2018-08-01 $169,200 (5.8%) $184,449 (2.9%) 0.00 473
    2018-09-01 $174,900 (8.0%) $187,271 (4.9%) 0.00 477
    2018-10-01 $179,900 (10.1%) $190,958 (8.3%) 0.00 442
    2018-11-01 $178,400 (6.6%) $188,326 (6.6%) 0.00 418
    2018-12-01 $179,900 (4.7%) $188,510 (4.8%) 0.00 402
    2019-01-01 $177,400 (2.6%) $186,490 (3.5%) 0.00 361
    2019-02-01 $183,900 (7.6%) $193,684 (7.6%) 0.00 359
    2019-03-01 $187,043 (10.1%) $195,838 (6.7%) 0.00 341
    2019-04-01 $192,400 (16.6%) $200,841 (10.0%) 0.00 319
    2019-05-01 $193,555 (16.6%) $200,988 (9.6%) 0.00 314
    2019-06-01 $194,500 (16.5%) $200,154 (7.7%) 0.00 317
    2019-07-01 $182,400 (7.6%) $193,741 (3.3%) 0.00 313
    2019-08-01 $177,371 (4.8%) $190,171 (3.1%) 0.00 291
    2019-09-01 $177,371 (1.4%) $190,413 (1.7%) 0.00 288
    2019-10-01 $177,450 (-1.4%) $192,264 (0.7%) 0.00 290
    2019-11-01 $185,000 (3.7%) $189,472 (0.6%) 0.00 274
    2019-12-01 $189,700 (5.5%) $187,080 (-0.8%) 0.00 273
    2020-01-01 $191,900 (8.2%) $188,646 (1.2%) 0.00 254
    2020-02-01 $195,500 (6.3%) $192,534 (-0.6%) 0.00 237
    2020-03-01 $189,700 (1.4%) $192,592 (-1.7%) 0.00 218
    2020-04-01 $188,500 (-2.0%) $187,132 (-6.8%) 0.00 220
    2020-05-01 $192,000 (-0.8%) $187,803 (-6.6%) 0.00 175
    2020-06-01 $202,000 (3.9%) $203,069 (1.5%) 0.00 200
    2020-07-01 $212,400 (16.5%) $205,043 (5.8%) 0.00 159
    2020-08-01 $192,900 (8.8%) $200,651 (5.5%) 0.00 148
    2020-09-01 $190,450 (7.4%) $203,841 (7.1%) 0.00 130
    2020-10-01 $180,000 (1.4%) $212,798 (10.7%) 0.00 114
    2020-11-01 $188,970 (2.2%) $213,930 (12.9%) 0.00 129
    2020-12-01 $195,950 (3.3%) $228,065 (21.9%) 0.00 108
    2021-01-01 $195,000 (1.6%) $230,852 (22.4%) 0.00 118
    2021-02-01 $198,450 (1.5%) $240,128 (24.7%) 0.00 105
    2021-03-01 $192,000 (1.2%) $218,138 (13.3%) 0.00 86
    2021-04-01 $206,000 (9.3%) $239,455 (28.0%) 0.00 87
    2021-05-01 $249,000 (29.7%) $254,657 (35.6%) 0.00 110
    2021-06-01 $241,990 (19.8%) $246,101 (21.2%) 0.00 118
    2021-07-01 $219,950 (3.6%) $234,981 (14.6%) 0.00 137
    2021-08-01 $229,900 (19.2%) $237,747 (18.5%) 0.00 152
    2021-09-01 $194,950 (2.4%) $211,728 (3.9%) 0.00 135
    2021-10-01 $185,900 (3.3%) $202,628 (-4.8%) 0.00 129
    2021-11-01 $187,450 (-0.8%) $228,945 (7.0%) 0.00 108
    2021-12-01 $208,950 (6.6%) $232,390 (1.9%) 0.00 118
    2022-01-01 $249,000 (27.7%) $255,905 (10.9%) 0.00 110
    2022-02-01 $249,450 (25.7%) $254,584 (6.0%) 0.00 93
    2022-03-01 $242,900 (26.5%) $255,067 (16.9%) 0.00 90
    2022-04-01 $274,900 (33.5%) $271,046 (13.2%) 0.00 77
    Goldsboro's median listing price for 2022-04-01 was $274,900, a difference of $68,900 (33.5%) versus the prior year and $32,000 versus the prior month.

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

    Goldsboro's average listing price for 2022-04-01 was $271,046, a difference of $31,591 (13.2%) versus the prior year and $15,979 versus the prior month.

    For the 2022-04-01 period, Goldsboro had 77 MLS listings, a difference of -13 listings (-14%) versus the prior month and -10 listings (-11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Goldsboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,860 sqft
    2018-02-01 0 days 1,821 sqft
    2018-03-01 0 days 1,865 sqft
    2018-04-01 0 days 1,849 sqft
    2018-05-01 0 days 1,835 sqft
    2018-06-01 0 days 1,834 sqft
    2018-07-01 0 days 1,859 sqft
    2018-08-01 0 days 1,853 sqft
    2018-09-01 0 days 1,860 sqft
    2018-10-01 0 days 1,893 sqft
    2018-11-01 0 days 1,884 sqft
    2018-12-01 0 days 1,921 sqft
    2019-01-01 0 days 1,922 sqft
    2019-02-01 0 days 1,990 sqft
    2019-03-01 0 days 2,011 sqft
    2019-04-01 0 days 2,061 sqft
    2019-05-01 0 days 2,091 sqft
    2019-06-01 0 days 2,110 sqft
    2019-07-01 0 days 2,094 sqft
    2019-08-01 0 days 2,052 sqft
    2019-09-01 0 days 2,011 sqft
    2019-10-01 0 days 2,003 sqft
    2019-11-01 0 days 1,916 sqft
    2019-12-01 0 days 1,856 sqft
    2020-01-01 0 days 1,907 sqft
    2020-02-01 0 days 1,975 sqft
    2020-03-01 0 days 1,999 sqft
    2020-04-01 0 days 1,903 sqft
    2020-05-01 0 days 1,926 sqft
    2020-06-01 0 days 2,096 sqft
    2020-07-01 0 days 2,189 sqft
    2020-08-01 0 days 2,102 sqft
    2020-09-01 0 days 2,024 sqft
    2020-10-01 0 days 1,976 sqft
    2020-11-01 0 days 1,865 sqft
    2020-12-01 0 days 1,925 sqft
    2021-01-01 0 days 1,770 sqft
    2021-02-01 0 days 1,820 sqft
    2021-03-01 0 days 1,726 sqft
    2021-04-01 0 days 1,763 sqft
    2021-05-01 0 days 1,895 sqft
    2021-06-01 0 days 2,016 sqft
    2021-07-01 0 days 1,915 sqft
    2021-08-01 0 days 2,003 sqft
    2021-09-01 0 days 1,813 sqft
    2021-10-01 0 days 1,664 sqft
    2021-11-01 0 days 1,772 sqft
    2021-12-01 0 days 1,807 sqft
    2022-01-01 0 days 1,975 sqft
    2022-02-01 0 days 1,921 sqft
    2022-03-01 0 days 1,759 sqft
    2022-04-01 0 days 1,826 sqft
    Goldsboro's median listing age (time on market) for 2022-04-01 was 0 days.

    Goldsboro's median square footage for active listings during the 2022-04-01 period was 1,826 sqft. One year prior, the average listing was 1,763 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.