Goldsboro VA Loans

GOLDSBORO, NC

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.