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.