Greensboro VA Loan Rates, Closing Costs & Stats
GREENSBORO-HIGH POINT, 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.
Greensboro's 127 lenders originated 1,201 VA
loans during 2024. The total origination value was $373,465,000, with an average VA loan value of
$310,962.
Greensboro VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Greensboro
averaged
0.55%
for the week of 2025-06-20, compared to the national average (all VA variants) of
0% for the same period.
Greensboro's average VA mortgage closing costs are $5,745.
The average rate for the prior week (2025-06-13) was
7% and
one month ago for the week of 2025-05-16, the
average rate was 6.56%.
The average rate one year ago was 6.66%.
For refis of the same type during the week of 2025-06-20, the average rate
was 0.42%.
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.
Greensboro 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 Greensboro level.
Name |
# of Loans |
2024 Avg. 30yFix Rate |
2024 Avg. Closing Costs |
Mortgage Research Center, LLC
|
182
|
6.45%
|
$5,406
|
UNITED WHOLESALE MORTGAGE, LLC
|
94
|
5.84%
|
$8,267
|
FREEDOM MORTGAGE CORPORATION
|
85
|
6.11%
|
$8,373
|
QUICKEN LOANS, LLC
|
82
|
6.12%
|
$10,840
|
DHI MORTGAGE COMPANY, LTD.
|
51
|
5.35%
|
$5,494
|
ATLANTIC BAY MORTGAGE GROUP, L.L.C.
|
46
|
6.44%
|
$7,968
|
MOVEMENT MORTGAGE, LLC
|
39
|
6.29%
|
$6,039
|
NAVY FEDERAL CREDIT UNION
|
36
|
5.86%
|
$5,895
|
PENNYMAC LOAN SERVICES, LLC
|
32
|
5.59%
|
$7,276
|
VILLAGE CAPITAL MORTGAGE
|
30
|
5.79%
|
$7,386
|
LOANDEPOT.COM, LLC
|
26
|
5.83%
|
$9,163
|
USAA Federal Savings Bank
|
25
|
6.29%
|
$7,180
|
NEW DAY FINANCIAL, LLC
|
25
|
7.23%
|
$9,487
|
HIGHLANDS RESIDENTIAL MORTGAGE, LTD.
|
18
|
6.44%
|
$7,546
|
NEWREZ LLC
|
17
|
6.22%
|
$7,715
|
UNION HOME MORTGAGE CORP.
|
16
|
6.39%
|
$5,142
|
CROSSCOUNTRY MORTGAGE, LLC
|
15
|
6.32%
|
$10,236
|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
|
13
|
6.53%
|
$5,174
|
MORTGAGE SOLUTIONS OF COLORADO, LLC
|
13
|
6.64%
|
$6,190
|
GUARANTEED RATE, INC.
|
13
|
6.00%
|
$5,202
|
Truist
|
12
|
6.06%
|
$9,452
|
The Federal Savings Bank
|
11
|
6.30%
|
$14,916
|
Barrington Bank & Trust Company, N.A.
|
10
|
6.19%
|
$8,458
|
Prosperity Home Mortgage, LLC
|
9
|
6.00%
|
$6,703
|
CLEARPATH LENDING
|
9
|
5.87%
|
$4,867
|
Mid-Continent Funding, Inc.
|
8
|
6.08%
|
$6,671
|
CMG MORTGAGE, INC.
|
8
|
6.20%
|
$11,460
|
INTERCOASTAL MORTGAGE COMPANY
|
8
|
6.44%
|
$7,761
|
HOWARD HANNA FINANCIAL SERVICES, INC.
|
7
|
6.14%
|
$6,595
|
BROKER SOLUTIONS, INC.
|
7
|
6.41%
|
$6,793
|
AMERISAVE MORTGAGE CORPORATION
|
7
|
5.29%
|
$19,237
|
Carrington Mortgage Services, LLC
|
6
|
6.00%
|
$11,430
|
ARK-LA-TEX FINANCIAL SERVICES, LLC.
|
5
|
6.20%
|
$8,034
|
Mr. Cooper ( Nationstar Mortgage )
|
5
|
6.38%
|
$8,673
|
Ameris Bank
|
5
|
6.30%
|
$14,484
|
Alcova Mortgage LLC
|
5
|
6.95%
|
$4,402
|
EQUITY RESOURCES, INC.
|
5
|
6.10%
|
$4,617
|
First-Citizens Bank & Trust Company
|
5
|
5.75%
|
$5,205
|
PLAZA HOME MORTGAGE, INC.
|
5
|
6.47%
|
$13,348
|
GUILD MORTGAGE COMPANY
|
4
|
6.50%
|
$7,325
|
VANDERBILT MORTGAGE AND FINANCE, INC.
|
4
|
5.31%
|
$5,236
|
HOMESIDE FINANCIAL, LLC
|
4
|
6.34%
|
$11,338
|
Renasant Bank
|
4
|
6.03%
|
$8,722
|
MUTUAL OF OMAHA MORTGAGE, INC.
|
4
|
6.59%
|
$10,660
|
Wells Fargo Bank
|
4
|
5.16%
|
$13,177
|
Wolfe Financial, Inc
|
4
|
6.56%
|
$4,273
|
RELIANCE FIRST CAPITAL, LLC
|
4
|
7.00%
|
$8,453
|
Truliant Federal Credit Union
|
3
|
6.08%
|
$2,909
|
PLANET HOME LENDING, LLC
|
3
|
5.82%
|
$11,968
|
The Fidelity Bank
|
3
|
6.54%
|
$5,304
|
U.S. Bank
|
3
|
6.08%
|
$2,909
|
CARDINAL FINANCIAL
|
3
|
5.91%
|
$13,215
|
NBKC BANK
|
3
|
5.63%
|
$2,401
|
EVERETT FINANCIAL, INC.
|
3
|
6.79%
|
$3,089
|
Atlantic Coast Mortgage, LLC
|
2
|
6.63%
|
$5,779
|
AMERICAN FINANCIAL RESOURCES, INC.
|
2
|
6.25%
|
$4,653
|
AmeriHome Mortgage Company, LLC
|
2
|
6.00%
|
$3,438
|
AmRes Corporation
|
2
|
6.87%
|
$7,906
|
CAPITAL CENTER, L.L.C.
|
2
|
5.88%
|
$270
|
Equity Prime Mortgage LLC
|
2
|
6.56%
|
$6,684
|
First Federal Bank
|
2
|
5.75%
|
$2,119
|
LAKEVIEW LOAN SERVICING, LLC
|
2
|
6.12%
|
$12,955
|
MORTGAGEONE, INC.
|
2
|
7.50%
|
$1,924
|
NATION ONE MORTGAGE CORPORATION
|
2
|
6.75%
|
$4,357
|
NETWORK CAPITAL FUNDING CORPORATION
|
2
|
6.06%
|
$3,218
|
NFM, INC.
|
2
|
6.94%
|
$5,715
|
PENTAGON FEDERAL CREDIT UNION
|
2
|
6.31%
|
$5,868
|
PHH Mortgage Corporation
|
2
|
6.37%
|
$8,280
|
SOUTHERN TRUST MORTGAGE, LLC
|
2
|
6.63%
|
$5,289
|
SUN WEST MORTGAGE COMPANY, INC.
|
2
|
5.54%
|
$7,956
|
T2 FINANCIAL LLC
|
2
|
7.13%
|
$6,534
|
TOP FLITE FINANCIAL, INC.
|
2
|
6.81%
|
$12,348
|
American Security Mortgage Corp.
|
1
|
5.63%
|
$9,830
|
INSPIRE HOME LOANS INC.
|
1
|
6.13%
|
$1,195
|
HOMESTEAD FUNDING CORP.
|
1
|
7.13%
|
$18,379
|
AMERICAN PACIFIC MORTGAGE CORPORATION
|
1
|
5.25%
|
$3,552
|
GREENSTATE CREDIT UNION
|
1
|
5.75%
|
$640
|
GoPrime Mortgage, Inc.
|
1
|
6.50%
|
$11,592
|
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
|
1
|
6.13%
|
$3,878
|
Paramount Residential Mortgage Group, Inc.
|
1
|
6.50%
|
$4,644
|
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
|
1
|
5.25%
|
$4,972
|
VERITAS FUNDING, LLC
|
1
|
6.75%
|
$10,851
|
Victorian Finance, LLC
|
1
|
6.75%
|
$4,152
|
Flagstar Bank, FSB
|
1
|
6.00%
|
$4,433
|
First National Bank of Pennsylvania
|
1
|
5.63%
|
$3,771
|
Presidential Bank, FSB
|
1
|
5.25%
|
$10,478
|
PRIMELENDING, A PLAINSCAPITAL COMPANY
|
1
|
6.75%
|
$22,620
|
First Bank
|
1
|
6.12%
|
$7,718
|
FIRST ALLIANCE HOME MORTGAGE, LLC
|
1
|
6.63%
|
$8,349
|
EUSTIS AND AMERICAN MORTGAGE COMPANY
|
1
|
6.49%
|
$7,457
|
ENVOY MORTGAGE, LTD
|
1
|
6.25%
|
$8,533
|
RESIDENTIAL WHOLESALE MORTGAGE, INC.
|
1
|
5.99%
|
$8,289
|
RESOURCE FINANCIAL SERVICES, INC.
|
1
|
6.13%
|
$15,316
|
ROYAL UNITED MORTGAGE LLC
|
1
|
7.25%
|
$14,660
|
SeaTrust Mortgage Company
|
1
|
6.13%
|
$5,824
|
Sierra Pacific Mortgage Company, Inc.
|
1
|
5.75%
|
$6,097
|
SOUTH CENTRAL BANK, INC.
|
1
|
6.50%
|
$2,384
|
Southern First Bank
|
1
|
6.75%
|
$2,720
|
AMERICAN FINANCING CORPORATION
|
1
|
5.63%
|
$11,758
|
SOVEREIGN LENDING GROUP INCORPORATED
|
1
|
5.75%
|
$2,852
|
SUCCESS MORTGAGE PARTNERS, INC.
|
1
|
6.50%
|
$10,311
|
SUMMIT FUNDING, INC.
|
1
|
6.13%
|
$9,931
|
AMERICAN FINANCIAL NETWORK, INC.
|
1
|
5.75%
|
$2,083
|
ALLIED MORTGAGE GROUP, INC.
|
1
|
6.25%
|
$6,091
|
TD Bank
|
1
|
6.50%
|
$644
|
Texana Bank
|
1
|
8.13%
|
$21,620
|
EMBRACE HOME LOANS, INC.
|
1
|
6.38%
|
$11,791
|
Corporate Investors Mortgage Group, Inc.
|
1
|
6.13%
|
$9,371
|
The Loan Store, Inc.
|
1
|
5.63%
|
$3,195
|
TIDEWATER MORTGAGE SERVICES, INC.
|
1
|
6.75%
|
$4,615
|
TJC Mortgage, Inc.
|
1
|
6.63%
|
$8,553
|
ZILLOW HOME LOANS, LLC
|
1
|
6.50%
|
$15,109
|
TOWNE MORTGAGE COMPANY
|
1
|
5.99%
|
$7,373
|
Towne Mortgage of the Carolinas, LLC
|
1
|
5.63%
|
$6,016
|
CORNERSTONE HOME LENDING, INC.
|
1
|
6.63%
|
$24,778
|
Citizens Bank
|
1
|
6.00%
|
$7,720
|
Blue Ridge Bank
|
1
|
6.13%
|
$8,276
|
Magnolia Bank
|
1
|
5.75%
|
$8,990
|
MICHIGAN MUTUAL, INC.
|
1
|
6.75%
|
$5,923
|
LOANPAL, LLC
|
1
|
6.13%
|
$3,545
|
MILEND, INC.
|
1
|
7.25%
|
$9,153
|
Arvest Bank
|
1
|
5.88%
|
$9,548
|
LOANFLIGHT LENDING, LLC
|
1
|
6.75%
|
$5,643
|
LADERA LENDING, INC.
|
1
|
7.25%
|
$9,320
|
JMAC LENDING, INC.
|
1
|
6.25%
|
$3,024
|
JET HOMELOANS, LLC
|
1
|
5.99%
|
$3,553
|
Ixonia Bank
|
1
|
6.75%
|
$5,420
|
The top Greensboro VA lender as defined by loan originations is Mortgage Research Center, LLC, with
182 VA loans originated. Their average total fees are
$5,406, which is $2,861
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Greensboro VA lenders (with over 10 loans originated) are
UNION HOME MORTGAGE CORP. ($5,142), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,174), GUARANTEED RATE, INC. ($5,202), Mortgage Research Center, LLC ($5,406) and DHI MORTGAGE COMPANY, LTD. ($5,494).
The lowest rate Greensboro VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.35%), PENNYMAC LOAN SERVICES, LLC (5.59%), VILLAGE CAPITAL MORTGAGE (5.79%), LOANDEPOT.COM, LLC (5.83%) and UNITED WHOLESALE MORTGAGE, LLC (5.84%).
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.