Goldsboro VA Loan Rates, Closing Costs & Stats

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 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.

Goldsboro's 83 lenders originated 544 VA loans during 2023. The total origination value was $143,400,000, with an average VA loan value of $263,603.

Goldsboro VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Goldsboro averaged 5.7% for the week of 2024-10-11, compared to the national average (all VA variants) of 5.854% for the same period.

Goldsboro's average VA mortgage closing costs are $5,259.

The average rate for the prior week (2024-10-04) was 5.47% and one month ago for the week of 2024-09-06, the average rate was 5.86%.

The average rate one year ago was 7.13%.

For refis of the same type during the week of 2024-10-11, the average rate was 6.23%.

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/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Goldsboro level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 76 6.65% $6,242
American Security Mortgage Corp. 60 5.99% $7,947
UNITED WHOLESALE MORTGAGE, LLC 39 6.22% $7,436
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 32 6.39% $7,370
MOVEMENT MORTGAGE, LLC 31 6.53% $7,226
CORNERSTONE HOME LENDING, INC. 23 6.12% $8,989
NAVY FEDERAL CREDIT UNION 22 5.70% $5,852
PENNYMAC LOAN SERVICES, LLC 21 5.97% $7,150
QUICKEN LOANS, LLC 20 6.07% $10,681
NEW DAY FINANCIAL, LLC 14 7.50% $9,149
USAA Federal Savings Bank 13 6.31% $8,345
VELOCIO MORTGAGE L.L.C. 10 5.62% $9,785
FREEDOM MORTGAGE CORPORATION 9 6.57% $14,802
MICHIGAN MUTUAL, INC. 6 6.85% $6,925
TOWNE MORTGAGE COMPANY 6 6.02% $8,523
NEWREZ LLC 5 6.65% $9,154
VILLAGE CAPITAL MORTGAGE 5 6.10% $9,581
LOANDEPOT.COM, LLC 5 6.50% $10,888
FBC MORTGAGE, LLC 5 6.17% $7,890
The Federal Savings Bank 4 6.25% $14,939
Wells Fargo Bank 4 5.50% $6,697
Prosperity Home Mortgage, LLC 4 5.88% $9,674
Truist 4 5.98% $4,358
NBKC BANK 4 6.03% $7,031
DHI MORTGAGE COMPANY, LTD. 4 5.87% $5,012
HOMESPIRE MORTGAGE CORPORATION 4 6.28% $1,751
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 7.22% $3,006
Credence Funding Corporation 3 5.63% $7,365
ACADEMY MORTGAGE CORPORATION 3 5.88% $11,484
Nations Lending Corporation 3 7.04% $13,312
Mid-Continent Funding, Inc. 3 6.46% $6,149
CROSSCOUNTRY MORTGAGE, LLC 3 6.50% $6,169
BROKER SOLUTIONS, INC. 3 6.88% $10,208
Equity Prime Mortgage LLC 3 6.58% $5,268
Barrington Bank & Trust Company, N.A. 2 6.75% $7,603
Blue Ridge Bank 2 6.31% $12,238
CARDINAL FINANCIAL 2 5.69% $15,093
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.00% $7,599
First-Citizens Bank & Trust Company 2 6.75% $7,192
Flagstar Bank, FSB 2 6.50% $5,872
GUARANTEED RATE, INC. 2 6.50% $4,223
Magnolia Bank 2 6.31% $18,173
Mr. Cooper ( Nationstar Mortgage ) 2 5.19% $9,865
NFM, INC. 2 6.50% $5,452
PENTAGON FEDERAL CREDIT UNION 2 5.69% $11,691
Plains Commerce Bank 2 5.88% $7,038
PLAZA HOME MORTGAGE, INC. 2 7.38% $8,295
SECURITYNATIONAL MORTGAGE COMPANY 2 6.50% $9,658
SUCCESS MORTGAGE PARTNERS, INC. 2 6.63% $12,887
Towne Mortgage of the Carolinas, LLC 2 7.19% $10,751
FIDELITY DIRECT MORTGAGE, LLC 1 6.75% $10,310
CRESCENT MORTGAGE COMPANY 1 7.00% $2,937
Core Bank 1 6.13% $10,660
NETWORK CAPITAL FUNDING CORPORATION 1 5.63% $23,603
CityWorth Mortgage LLC 1 7.25% $4,228
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.63% $5,206
Atlantic Coast Mortgage, LLC 1 6.13% $6,236
NJ LENDERS CORP. 1 6.13% $10,365
CHURCHILL MORTGAGE CORPORATION 1 7.50% $12,153
AMERISAVE MORTGAGE CORPORATION 1 7.13% $12,596
U.S. Bank 1 6.13% $8,382
American Mortgage & Equity Consultants, Inc. 1 6.75% $3,818
POLARIS HOME FUNDING CORP. 1 7.00% $11,205
PREMIA MORTGAGE, LLC 1 5.25% $2,890
CBM Mortgage, Inc. 1 6.50% $10,254
CALCON MUTUAL MORTGAGE LLC 1 7.25% $11,690
Regions Bank 1 5.75% $3,743
Victorian Finance, LLC 1 6.50% $6,683
Southern Bank and Trust Company 1 5.38% $7,971
Alcova Mortgage LLC 1 7.25% $5,022
Sunflower Bank 1 6.63% $11,100
BAYSHORE MORTGAGE FUNDING, LLC 1 6.25% $10,226
Towne Bank 1 6.75% $7,627
BANKSOUTH MORTGAGE COMPANY, LLC 1 5.13% $15,540
Advisors Mortgage Group, L.L.C. 1 4.88% $221
LOANPAL, LLC 1 6.75% $15,014
LAKEVIEW LOAN SERVICING, LLC 1 6.25% $7,653
MILEND, INC. 1 7.63% $9,380
INTERCOASTAL MORTGAGE COMPANY 1 7.38% $3,269
First Heritage Mortgage, LLC 1 6.13% $3,706
FIRST COMMUNITY MORTGAGE, INC. 1 6.75% $3,597
Bank of Springfield 1 6.13% $7,571
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $6,992

The top Goldsboro VA lender as defined by loan originations is Mortgage Research Center, LLC, with 76 VA loans originated. Their average total fees are $6,242, which is $1,705 lower than the next largest lender, American Security Mortgage Corp..

The lowest fee Goldsboro VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($5,852), Mortgage Research Center, LLC ($6,242), PENNYMAC LOAN SERVICES, LLC ($7,150), MOVEMENT MORTGAGE, LLC ($7,226) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($7,370).

The lowest rate Goldsboro VA lenders (with over 10 loans originated) are VELOCIO MORTGAGE L.L.C. (5.62%), NAVY FEDERAL CREDIT UNION (5.70%), PENNYMAC LOAN SERVICES, LLC (5.97%), American Security Mortgage Corp. (5.99%) and QUICKEN LOANS, LLC (6.07%).


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 $169,100 (3.0%) $178,120 (-0.2%) 0.00 458
2018-02-01 $165,450 (1.1%) $175,936 (-0.2%) 0.00 432
2018-03-01 $165,000 (1.8%) $179,209 (1.6%) 0.00 387
2018-04-01 $164,975 (0.0%) $180,249 (-0.3%) 0.00 407
2018-05-01 $165,975 (-1.3%) $179,851 (-1.7%) 0.00 416
2018-06-01 $167,000 (0.0%) $180,710 (-0.6%) 0.00 416
2018-07-01 $167,850 (1.8%) $183,400 (1.3%) 0.00 433
2018-08-01 $164,925 (1.2%) $180,848 (0.9%) 0.00 445
2018-09-01 $169,900 (3.4%) $183,337 (3.3%) 0.00 444
2018-10-01 $173,700 (6.3%) $186,384 (6.3%) 0.00 404
2018-11-01 $168,925 (3.3%) $183,715 (4.7%) 0.00 383
2018-12-01 $169,900 (0.5%) $185,272 (3.9%) 0.00 363
2019-01-01 $169,900 (0.5%) $184,869 (3.8%) 0.00 335
2019-02-01 $175,075 (5.8%) $189,866 (7.9%) 0.00 325
2019-03-01 $182,186 (10.4%) $193,069 (7.7%) 0.00 307
2019-04-01 $188,900 (14.5%) $197,284 (9.5%) 0.00 293
2019-05-01 $191,227 (15.2%) $198,677 (10.5%) 0.00 288
2019-06-01 $185,900 (11.3%) $195,873 (8.4%) 0.00 293
2019-07-01 $182,450 (8.7%) $193,270 (5.4%) 0.00 289
2019-08-01 $181,213 (9.9%) $190,991 (5.6%) 0.00 282
2019-09-01 $183,181 (7.8%) $192,042 (4.8%) 0.00 286
2019-10-01 $182,863 (5.3%) $192,503 (3.3%) 0.00 285
2019-11-01 $189,250 (12.0%) $190,803 (3.9%) 0.00 261
2019-12-01 $189,000 (11.2%) $187,267 (1.1%) 0.00 254
2020-01-01 $188,825 (11.1%) $186,880 (1.1%) 0.00 233
2020-02-01 $191,400 (9.3%) $190,219 (0.2%) 0.00 205
2020-03-01 $189,550 (4.0%) $188,567 (-2.3%) 0.00 210
2020-04-01 $185,950 (-1.6%) $185,019 (-6.2%) 0.00 201
2020-05-01 $189,900 (-0.7%) $186,682 (-6.0%) 0.00 161
2020-06-01 $193,425 (4.1%) $199,095 (1.6%) 0.00 179
2020-07-01 $200,750 (10.0%) $201,673 (4.4%) 0.00 147
2020-08-01 $187,500 (3.5%) $198,544 (4.0%) 0.00 140
2020-09-01 $186,950 (2.1%) $203,270 (5.9%) 0.00 127
2020-10-01 $180,000 (-1.6%) $201,634 (4.7%) 0.00 110
2020-11-01 $185,445 (-2.0%) $206,390 (8.2%) 0.00 119
2020-12-01 $191,225 (1.2%) $213,047 (13.8%) 0.00 106
2021-01-01 $195,000 (3.3%) $208,538 (11.6%) 0.00 104
2021-02-01 $183,675 (-4.0%) $214,813 (12.9%) 0.00 94
2021-03-01 $197,100 (4.0%) $207,966 (10.3%) 0.00 82
2021-04-01 $218,188 (17.3%) $227,797 (23.1%) 0.00 77
2021-05-01 $239,900 (26.3%) $238,175 (27.6%) 0.00 93
2021-06-01 $227,425 (17.6%) $239,154 (20.1%) 0.00 102
2021-07-01 $210,000 (4.6%) $227,590 (12.9%) 0.00 120
2021-08-01 $217,033 (15.8%) $224,059 (12.9%) 0.00 129
2021-09-01 $180,850 (-3.3%) $200,159 (-1.5%) 0.00 119
2021-10-01 $189,900 (5.5%) $202,325 (0.3%) 0.00 116
2021-11-01 $184,700 (-0.4%) $221,344 (7.3%) 0.00 97
2021-12-01 $201,250 (5.2%) $230,060 (8.0%) 0.00 102
2022-01-01 $247,900 (27.1%) $254,541 (22.1%) 0.00 96
2022-02-01 $234,950 (27.9%) $247,651 (15.3%) 0.00 77
2022-03-01 $226,150 (14.7%) $245,303 (18.0%) 0.00 69
2022-04-01 $260,000 (19.2%) $270,018 (18.5%) 0.00 69
2022-05-01 $235,950 (-1.7%) $278,970 (17.1%) 0.00 121
2022-06-01 $223,575 (-1.7%) $293,665 (22.8%) 0.00 149
2022-07-01 $240,000 (14.3%) $292,088 (28.3%) 0.00 179
2022-08-01 $252,250 (16.2%) $277,075 (23.7%) 0.00 186
2022-09-01 $243,520 (34.7%) $272,629 (36.2%) 0.00 197
2022-10-01 $249,900 (31.6%) $285,517 (41.1%) 0.00 170
2022-11-01 $249,900 (35.3%) $276,275 (24.8%) 0.00 195
2022-12-01 $262,900 (30.6%) $285,292 (24.0%) 0.00 188
2023-01-01 $263,175 (6.2%) $284,509 (11.8%) 0.00 164
2023-02-01 $283,200 (20.5%) $289,028 (16.7%) 0.00 150
2023-03-01 $290,400 (28.4%) $290,938 (18.6%) 0.00 123
2023-04-01 $300,900 (15.7%) $306,925 (13.7%) 0.00 111
2023-05-01 $306,725 (30.0%) $311,023 (11.5%) 0.00 122
2023-06-01 $296,173 (32.5%) $302,374 (3.0%) 0.00 130
2023-07-01 $282,900 (17.9%) $303,271 (3.8%) 0.00 126
2023-08-01 $284,250 (12.7%) $299,822 (8.2%) 0.00 150
2023-09-01 $285,000 (17.0%) $322,586 (18.3%) 0.00 170
2023-10-01 $289,400 (15.8%) $322,304 (12.9%) 0.00 201
2023-11-01 $286,015 (14.5%) $318,392 (15.2%) 0.00 225
2023-12-01 $288,999 (9.9%) $319,590 (12.0%) 0.00 241
2024-01-01 $289,925 (10.2%) $320,290 (12.6%) 0.00 231
2024-02-01 $287,725 (1.6%) $317,123 (9.7%) 0.00 222
2024-03-01 $280,000 (-3.6%) $315,486 (8.4%) 0.00 226
2024-04-01 $287,700 (-4.4%) $315,141 (2.7%) 0.00 229
2024-05-01 $300,925 (-1.9%) $337,121 (8.4%) 0.00 237
2024-06-01 $304,200 (2.7%) $344,910 (14.1%) 0.00 250
2024-07-01 $298,000 (5.3%) $329,321 (8.6%) 0.00 273
2024-08-01 $294,900 (3.8%) $324,147 (8.1%) 0.00 287
2024-09-01 $291,175 (2.2%) $315,516 (-2.2%) 0.00 290
Goldsboro's median listing price for 2024-09-01 was $291,175, a difference of $6,175 (2.2%) versus the prior year and $-3,725 versus the prior month.

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

Goldsboro's average listing price for 2024-09-01 was $315,516, a difference of $-7,070 (-2.2%) versus the prior year and $-8,631 versus the prior month.

For the 2024-09-01 period, Goldsboro had 290 MLS listings, a difference of 3 listings (1%) versus the prior month and 120 listings (71%) 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 1,863 sqft
2018-02-01 0 days 1,807 sqft
2018-03-01 0 days 1,852 sqft
2018-04-01 0 days 1,859 sqft
2018-05-01 0 days 1,846 sqft
2018-06-01 0 days 1,834 sqft
2018-07-01 0 days 1,860 sqft
2018-08-01 0 days 1,856 sqft
2018-09-01 0 days 1,858 sqft
2018-10-01 0 days 1,889 sqft
2018-11-01 0 days 1,870 sqft
2018-12-01 0 days 1,907 sqft
2019-01-01 0 days 1,924 sqft
2019-02-01 0 days 1,983 sqft
2019-03-01 0 days 2,000 sqft
2019-04-01 0 days 2,047 sqft
2019-05-01 0 days 2,099 sqft
2019-06-01 0 days 2,109 sqft
2019-07-01 0 days 2,101 sqft
2019-08-01 0 days 2,066 sqft
2019-09-01 0 days 2,030 sqft
2019-10-01 0 days 2,010 sqft
2019-11-01 0 days 1,939 sqft
2019-12-01 0 days 1,866 sqft
2020-01-01 0 days 1,916 sqft
2020-02-01 0 days 2,000 sqft
2020-03-01 0 days 1,925 sqft
2020-04-01 0 days 1,902 sqft
2020-05-01 0 days 1,939 sqft
2020-06-01 0 days 2,038 sqft
2020-07-01 0 days 2,139 sqft
2020-08-01 0 days 2,085 sqft
2020-09-01 0 days 2,015 sqft
2020-10-01 0 days 1,939 sqft
2020-11-01 0 days 1,856 sqft
2020-12-01 0 days 1,860 sqft
2021-01-01 0 days 1,770 sqft
2021-02-01 0 days 1,693 sqft
2021-03-01 0 days 1,862 sqft
2021-04-01 0 days 1,840 sqft
2021-05-01 0 days 1,958 sqft
2021-06-01 0 days 1,928 sqft
2021-07-01 0 days 1,877 sqft
2021-08-01 0 days 1,853 sqft
2021-09-01 0 days 1,755 sqft
2021-10-01 0 days 1,611 sqft
2021-11-01 0 days 1,748 sqft
2021-12-01 0 days 1,826 sqft
2022-01-01 0 days 1,874 sqft
2022-02-01 0 days 1,867 sqft
2022-03-01 0 days 1,769 sqft
2022-04-01 0 days 1,883 sqft
2022-05-01 0 days 1,928 sqft
2022-06-01 0 days 2,043 sqft
2022-07-01 0 days 1,916 sqft
2022-08-01 0 days 1,846 sqft
2022-09-01 0 days 1,764 sqft
2022-10-01 0 days 1,807 sqft
2022-11-01 0 days 1,811 sqft
2022-12-01 0 days 1,912 sqft
2023-01-01 0 days 1,874 sqft
2023-02-01 0 days 1,858 sqft
2023-03-01 0 days 1,909 sqft
2023-04-01 0 days 1,919 sqft
2023-05-01 0 days 2,002 sqft
2023-06-01 0 days 1,831 sqft
2023-07-01 0 days 1,911 sqft
2023-08-01 0 days 1,881 sqft
2023-09-01 0 days 1,893 sqft
2023-10-01 0 days 1,946 sqft
2023-11-01 0 days 1,905 sqft
2023-12-01 0 days 1,796 sqft
2024-01-01 0 days 1,793 sqft
2024-02-01 0 days 1,746 sqft
2024-03-01 0 days 1,782 sqft
2024-04-01 0 days 1,807 sqft
2024-05-01 0 days 1,800 sqft
2024-06-01 0 days 1,810 sqft
2024-07-01 0 days 1,773 sqft
2024-08-01 0 days 1,720 sqft
2024-09-01 0 days 1,709 sqft
Goldsboro's median listing age (time on market) for 2024-09-01 was 0 days.

Goldsboro's median square footage for active listings during the 2024-09-01 period was 1,709 sqft. One year prior, the average listing was 1,893 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.