Greensboro VA Loan Rates, Closing Costs & Stats

GREENSBORO-HIGH POINT, 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 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 108 lenders originated 825 VA loans during 2023. The total origination value was $250,365,000, with an average VA loan value of $303,473.

    Greensboro VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Greensboro averaged 6.71% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Greensboro's average VA mortgage closing costs are $5,494.

    The average rate for the prior week (2025-02-07) was 6.64% and one month ago for the week of 2025-01-10, the average rate was 6.68%.

    The average rate one year ago was 6.4%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.96%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 133 6.74% $6,637
    QUICKEN LOANS, LLC 59 6.25% $10,498
    UNITED WHOLESALE MORTGAGE, LLC 40 6.17% $10,163
    NAVY FEDERAL CREDIT UNION 40 5.77% $4,441
    MOVEMENT MORTGAGE, LLC 36 6.60% $7,376
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 34 6.71% $7,349
    FREEDOM MORTGAGE CORPORATION 31 6.60% $13,188
    DHI MORTGAGE COMPANY, LTD. 23 5.62% $4,276
    USAA Federal Savings Bank 23 6.30% $6,145
    The Federal Savings Bank 19 6.44% $14,676
    NEW DAY FINANCIAL, LLC 18 7.61% $10,788
    GUARANTEED RATE, INC. 16 6.15% $9,939
    UNION HOME MORTGAGE CORP. 15 6.51% $9,383
    CROSSCOUNTRY MORTGAGE, LLC 15 6.79% $6,707
    LOANDEPOT.COM, LLC 14 6.35% $9,263
    PENNYMAC LOAN SERVICES, LLC 13 5.62% $13,399
    AMERISAVE MORTGAGE CORPORATION 12 5.73% $12,470
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 6.84% $6,092
    Ameris Bank 11 6.27% $7,325
    Wells Fargo Bank 10 5.84% $6,558
    Mr. Cooper ( Nationstar Mortgage ) 10 5.80% $15,991
    Prosperity Home Mortgage, LLC 10 6.17% $7,103
    CARDINAL FINANCIAL 8 7.19% $14,984
    HOMESIDE FINANCIAL, LLC 8 6.81% $6,912
    MORTGAGE SOLUTIONS OF COLORADO, LLC 7 7.02% $8,822
    Renasant Bank 7 6.27% $7,785
    VILLAGE CAPITAL MORTGAGE 7 5.98% $13,141
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 6.70% $5,819
    NEWREZ LLC 6 6.46% $6,930
    Barrington Bank & Trust Company, N.A. 6 6.75% $10,472
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.80% $5,678
    INTERCOASTAL MORTGAGE COMPANY 5 6.20% $13,574
    Truist 5 5.77% $5,500
    Mid-Continent Funding, Inc. 4 6.62% $8,204
    First Federal Bank 4 6.09% $9,749
    RELIANCE FIRST CAPITAL, LLC 3 7.13% $7,705
    CMG MORTGAGE, INC. 3 6.58% $7,271
    Towne Mortgage of the Carolinas, LLC 3 6.25% $7,923
    Truliant Federal Credit Union 3 6.50% $4,491
    Alcova Mortgage LLC 3 6.92% $2,293
    NBKC BANK 3 5.42% $7,957
    Wolfe Financial, Inc 3 7.17% $5,103
    CONTOUR MORTGAGE CORPORATION 3 5.96% $12,606
    PENTAGON FEDERAL CREDIT UNION 3 5.63% $3,808
    Paramount Residential Mortgage Group, Inc. 3 7.13% $8,307
    EVERETT FINANCIAL, INC. 3 6.38% $10,118
    VERITAS FUNDING, LLC 2 6.75% $11,955
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.00% $7,608
    MORTGAGEONE, INC. 2 7.00% $8,731
    American Security Mortgage Corp. 2 7.19% $8,032
    NTFN, INC. 2 6.25% $3,324
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 4.94% $5,372
    U.S. Bank 2 6.13% $2,743
    Lakeview Community Capital, LLC 2 6.00% $8,242
    EQUITY RESOURCES, INC. 2 5.75% $5,609
    Flagstar Bank, FSB 2 6.38% $6,334
    LOANPAL, LLC 2 5.69% $14,633
    Magnolia Bank 2 6.00% $10,107
    The Fidelity Bank 2 6.75% $8,407
    PLAZA HOME MORTGAGE, INC. 2 7.00% $8,553
    BAY EQUITY LLC 2 6.50% $9,627
    ACADEMY MORTGAGE CORPORATION 2 6.50% $5,990
    SeaTrust Mortgage Company 2 7.19% $4,201
    Pinnacle Bank 2 5.63% $6,394
    Wyndham Capital Mortgage, Inc. 1 5.00% $15,052
    Allen Tate Mortgage Partners, LLC 1 6.13% $8,529
    AMCAP MORTGAGE, LTD. 1 7.25% $3,582
    American Mortgage & Equity Consultants, Inc. 1 5.99% $8,434
    American National Bank and Trust Company 1 5.25% $10,577
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.13% $0
    Armed Forces Bank 1 6.25% $11,549
    Atlantic Coast Mortgage, LLC 1 6.25% $12,930
    Bank of America 1 5.88% $483
    Bank of England 1 7.25% $2,579
    CALCON MUTUAL MORTGAGE LLC 1 6.25% $4,368
    CANOPY MORTGAGE, LLC 1 7.13% $9,395
    Century Mortgage Company DBA Century Lending Company 1 5.00% $0
    CHURCHILL MORTGAGE CORPORATION 1 6.13% $10,052
    Citizens Bank 1 5.38% $5,839
    EMM LOANS LLC 1 6.63% $12,116
    Equity Prime Mortgage LLC 1 7.38% $5,027
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 5.63% $4,330
    FBC MORTGAGE, LLC 1 5.99% $5,264
    First National Bank of Pennsylvania 1 6.50% $12,603
    F&M Bank 1 7.13% $2,901
    GENEVA FINANCIAL, LLC 1 7.00% $3,634
    Goldwater Bank, N.A. 1 7.50% $12,400
    GoPrime Mortgage, Inc. 1 5.25% $2,650
    GSF Mortgage Corporation 1 5.25% $17,292
    GUARANTEED RATE AFFINITY, LLC 1 5.25% $1,960
    GUILD MORTGAGE COMPANY 1 7.50% $2,737
    HOMESTAR FINANCIAL CORPORATION 1 5.75% $9,889
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.63% $10,476
    JET HOMELOANS, LLC 1 6.25% $5,549
    LEADERONE FINANCIAL CORPORATION 1 6.63% $6,897
    MILEND, INC. 1 7.13% $15,915
    MLD MORTGAGE INC. 1 7.38% $3,712
    NATIONS RELIABLE LENDING, LLC 1 7.25% $19,027
    PHH Mortgage Corporation 1 6.49% $4,914
    PNC Bank 1 5.88% $9,404
    PREMIA MORTGAGE, LLC 1 5.63% $1,800
    PULTE MORTGAGE LLC 1 5.25% $9,901
    RAPID MORTGAGE COMPANY 1 7.00% $10,026
    RESOURCE FINANCIAL SERVICES, INC. 1 5.63% $7,306
    ROYAL UNITED MORTGAGE LLC 1 7.25% $7,100
    SIRVA MORTGAGE, INC. 1 6.00% $0
    SOVEREIGN LENDING GROUP INCORPORATED 1 6.38% $10,495
    TOP FLITE FINANCIAL, INC. 1 6.25% $15,235

    The top Greensboro VA lender as defined by loan originations is Mortgage Research Center, LLC, with 133 VA loans originated. Their average total fees are $6,637, which is $3,861 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Greensboro VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($4,276), NAVY FEDERAL CREDIT UNION ($4,441), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,092), USAA Federal Savings Bank ($6,145) and Wells Fargo Bank ($6,558).

    The lowest rate Greensboro VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.62%), PENNYMAC LOAN SERVICES, LLC (5.62%), AMERISAVE MORTGAGE CORPORATION (5.73%), NAVY FEDERAL CREDIT UNION (5.77%) and Mr. Cooper ( Nationstar Mortgage ) (5.80%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Greensboro (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 $205,000 (14.1%) $307,535 (14.8%) 0.76 2,360
    2018-02-01 $214,238 (16.0%) $313,783 (13.8%) 0.77 2,285
    2018-03-01 $225,000 (19.8%) $321,380 (14.9%) 0.79 2,267
    2018-04-01 $242,000 (21.1%) $329,300 (14.8%) 0.82 2,246
    2018-05-01 $244,000 (16.2%) $330,513 (11.1%) 0.82 2,353
    2018-06-01 $239,900 (12.0%) $328,792 (9.5%) 0.80 2,406
    2018-07-01 $244,975 (17.2%) $326,378 (10.1%) 0.82 2,401
    2018-08-01 $247,030 (16.7%) $306,499 (3.6%) 0.83 2,095
    2018-09-01 $249,000 (15.8%) $308,923 (2.6%) 0.84 2,086
    2018-10-01 $247,690 (14.7%) $306,357 (0.7%) 0.84 2,112
    2018-11-01 $244,950 (20.4%) $301,704 (-0.2%) 0.83 2,090
    2018-12-01 $246,330 (23.5%) $303,298 (1.4%) 0.85 2,002
    2019-01-01 $249,900 (21.9%) $307,227 (-0.1%) 0.86 1,822
    2019-02-01 $254,400 (18.8%) $306,646 (-2.3%) 0.86 1,724
    2019-03-01 $260,714 (15.9%) $317,009 (-1.4%) 0.85 1,681
    2019-04-01 $265,000 (9.5%) $327,157 (-0.7%) 0.84 1,688
    2019-05-01 $269,900 (10.6%) $328,700 (-0.6%) 0.84 1,790
    2019-06-01 $264,485 (10.3%) $324,708 (-1.2%) 0.83 1,866
    2019-07-01 $266,750 (8.9%) $324,428 (-0.6%) 0.84 1,887
    2019-08-01 $262,490 (6.3%) $318,705 (4.0%) 0.83 1,920
    2019-09-01 $261,033 (4.8%) $315,805 (2.2%) 0.84 1,926
    2019-10-01 $262,419 (6.0%) $316,748 (3.4%) 0.85 1,902
    2019-11-01 $264,174 (7.9%) $318,476 (5.6%) 0.87 1,839
    2019-12-01 $265,515 (7.8%) $316,698 (4.4%) 0.89 1,616
    2020-01-01 $264,597 (5.9%) $313,990 (2.2%) 0.88 1,454
    2020-02-01 $261,310 (2.7%) $314,845 (2.7%) 0.85 1,355
    2020-03-01 $268,450 (3.0%) $324,171 (2.3%) 0.84 1,347
    2020-04-01 $260,623 (-1.7%) $324,129 (-0.9%) 0.81 1,410
    2020-05-01 $284,000 (5.2%) $346,651 (5.5%) 0.87 1,372
    2020-06-01 $291,248 (10.1%) $369,955 (13.9%) 0.86 1,254
    2020-07-01 $296,578 (11.2%) $368,479 (13.6%) 0.86 1,135
    2020-08-01 $299,000 (13.9%) $372,479 (16.9%) 0.86 1,066
    2020-09-01 $296,900 (13.7%) $374,241 (18.5%) 0.85 994
    2020-10-01 $284,900 (8.6%) $361,741 (14.2%) 0.82 968
    2020-11-01 $264,500 (0.1%) $339,746 (6.7%) 0.77 923
    2020-12-01 $257,695 (-3.0%) $339,258 (7.1%) 0.77 910
    2021-01-01 $260,000 (-1.7%) $347,303 (10.6%) 0.78 731
    2021-02-01 $248,698 (-4.8%) $345,475 (9.7%) 0.73 631
    2021-03-01 $252,500 (-5.9%) $355,146 (9.6%) 0.72 550
    2021-04-01 $250,000 (-4.1%) $349,550 (7.8%) 0.68 548
    2021-05-01 $245,900 (-13.4%) $341,850 (-1.4%) 0.66 605
    2021-06-01 $256,175 (-12.0%) $346,599 (-6.3%) 0.67 673
    2021-07-01 $250,000 (-15.7%) $339,945 (-7.7%) 0.66 744
    2021-08-01 $256,995 (-14.1%) $353,253 (-5.2%) 0.69 856
    2021-09-01 $257,000 (-13.4%) $350,308 (-6.4%) 0.69 908
    2021-10-01 $255,000 (-10.5%) $355,984 (-1.6%) 0.68 897
    2021-11-01 $259,195 (-2.0%) $355,152 (4.5%) 0.69 826
    2021-12-01 $258,847 (0.5%) $365,089 (7.6%) 0.70 685
    2022-01-01 $274,900 (5.7%) $374,901 (8.0%) 0.74 557
    2022-02-01 $275,000 (10.6%) $381,210 (10.3%) 0.71 478
    2022-03-01 $278,950 (10.5%) $383,296 (7.9%) 0.69 469
    2022-04-01 $299,000 (19.6%) $402,895 (15.3%) 0.71 486
    2022-05-01 $319,500 (29.9%) $407,220 (19.1%) 0.73 646
    2022-06-01 $337,225 (31.6%) $405,643 (17.0%) 0.75 777
    2022-07-01 $324,900 (30.0%) $395,154 (16.2%) 0.73 909
    2022-08-01 $325,000 (26.5%) $402,467 (13.9%) 0.75 942
    2022-09-01 $326,060 (26.9%) $396,057 (13.1%) 0.76 969
    2022-10-01 $324,640 (27.3%) $390,235 (9.6%) 0.76 1,032
    2022-11-01 $322,450 (24.4%) $392,033 (10.4%) 0.77 1,076
    2022-12-01 $317,895 (22.8%) $389,017 (6.6%) 0.79 1,032
    2023-01-01 $322,551 (17.3%) $388,551 (3.6%) 0.80 902
    2023-02-01 $323,700 (17.7%) $399,691 (4.9%) 0.78 826
    2023-03-01 $326,882 (17.2%) $416,480 (8.7%) 0.77 747
    2023-04-01 $338,400 (13.2%) $420,308 (4.3%) 0.79 766
    2023-05-01 $334,500 (4.7%) $415,079 (1.9%) 0.76 837
    2023-06-01 $341,995 (1.4%) $416,883 (2.8%) 0.77 838
    2023-07-01 $345,000 (6.2%) $423,813 (7.3%) 0.78 843
    2023-08-01 $331,495 (2.0%) $419,054 (4.1%) 0.76 912
    2023-09-01 $330,000 (1.2%) $410,553 (3.7%) 0.77 940
    2023-10-01 $320,875 (-1.2%) $396,975 (1.7%) 0.76 1,082
    2023-11-01 $317,450 (-1.6%) $386,051 (-1.5%) 0.76 1,130
    2023-12-01 $308,965 (-2.8%) $377,177 (-3.0%) 0.75 1,158
    2024-01-01 $310,968 (-3.6%) $374,609 (-3.6%) 0.76 1,108
    2024-02-01 $312,950 (-3.3%) $373,486 (-6.6%) 0.76 1,058
    2024-03-01 $318,900 (-2.4%) $375,722 (-9.8%) 0.75 1,037
    2024-04-01 $329,548 (-2.6%) $390,456 (-7.1%) 0.77 1,062
    2024-05-01 $342,037 (2.3%) $409,642 (-1.3%) 0.78 1,092
    2024-06-01 $339,990 (-0.6%) $416,010 (-0.2%) 0.78 1,180
    2024-07-01 $337,000 (-2.3%) $418,050 (-1.4%) 0.77 1,235
    2024-08-01 $335,000 (1.1%) $418,109 (-0.2%) 0.78 1,265
    2024-09-01 $335,123 (1.6%) $425,340 (3.6%) 0.79 1,359
    2024-10-01 $337,350 (5.1%) $421,238 (6.1%) 0.79 1,460
    2024-11-01 $325,000 (2.4%) $411,927 (6.7%) 0.78 1,546
    2024-12-01 $317,500 (2.8%) $409,279 (8.5%) 0.79 1,465
    2025-01-01 $320,000 (2.9%) $405,796 (8.3%) 0.00 1,342
    Greensboro's median listing price for 2025-01-01 was $320,000, a difference of $9,032 (2.9%) versus the prior year and $2,500 versus the prior month.

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

    Greensboro's average listing price for 2025-01-01 was $405,796, a difference of $31,187 (8.3%) versus the prior year and $-3,483 versus the prior month.

    For the 2025-01-01 period, Greensboro had 1,342 MLS listings, a difference of -123 listings (-8%) versus the prior month and 234 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Greensboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 92 days 2,082 sqft
    2018-02-01 91 days 2,090 sqft
    2018-03-01 66 days 2,159 sqft
    2018-04-01 59 days 2,290 sqft
    2018-05-01 58 days 2,302 sqft
    2018-06-01 57 days 2,290 sqft
    2018-07-01 65 days 2,275 sqft
    2018-08-01 62 days 2,240 sqft
    2018-09-01 64 days 2,232 sqft
    2018-10-01 65 days 2,211 sqft
    2018-11-01 70 days 2,192 sqft
    2018-12-01 78 days 2,169 sqft
    2019-01-01 87 days 2,195 sqft
    2019-02-01 79 days 2,222 sqft
    2019-03-01 67 days 2,297 sqft
    2019-04-01 51 days 2,366 sqft
    2019-05-01 50 days 2,390 sqft
    2019-06-01 53 days 2,348 sqft
    2019-07-01 57 days 2,309 sqft
    2019-08-01 56 days 2,272 sqft
    2019-09-01 56 days 2,254 sqft
    2019-10-01 56 days 2,245 sqft
    2019-11-01 64 days 2,246 sqft
    2019-12-01 74 days 2,266 sqft
    2020-01-01 81 days 2,239 sqft
    2020-02-01 79 days 2,231 sqft
    2020-03-01 49 days 2,224 sqft
    2020-04-01 52 days 2,200 sqft
    2020-05-01 60 days 2,319 sqft
    2020-06-01 53 days 2,400 sqft
    2020-07-01 52 days 2,389 sqft
    2020-08-01 45 days 2,312 sqft
    2020-09-01 43 days 2,270 sqft
    2020-10-01 36 days 2,225 sqft
    2020-11-01 55 days 2,147 sqft
    2020-12-01 66 days 2,069 sqft
    2021-01-01 74 days 2,050 sqft
    2021-02-01 62 days 2,011 sqft
    2021-03-01 43 days 2,050 sqft
    2021-04-01 43 days 1,959 sqft
    2021-05-01 44 days 1,900 sqft
    2021-06-01 43 days 1,872 sqft
    2021-07-01 40 days 1,841 sqft
    2021-08-01 37 days 1,836 sqft
    2021-09-01 38 days 1,820 sqft
    2021-10-01 43 days 1,818 sqft
    2021-11-01 45 days 1,843 sqft
    2021-12-01 49 days 1,821 sqft
    2022-01-01 56 days 1,813 sqft
    2022-02-01 48 days 1,875 sqft
    2022-03-01 38 days 1,798 sqft
    2022-04-01 32 days 1,906 sqft
    2022-05-01 29 days 1,987 sqft
    2022-06-01 30 days 2,012 sqft
    2022-07-01 34 days 1,944 sqft
    2022-08-01 39 days 1,956 sqft
    2022-09-01 43 days 1,974 sqft
    2022-10-01 44 days 2,016 sqft
    2022-11-01 48 days 2,034 sqft
    2022-12-01 59 days 2,004 sqft
    2023-01-01 65 days 1,981 sqft
    2023-02-01 50 days 1,923 sqft
    2023-03-01 50 days 1,895 sqft
    2023-04-01 40 days 1,938 sqft
    2023-05-01 38 days 1,873 sqft
    2023-06-01 43 days 1,888 sqft
    2023-07-01 43 days 1,900 sqft
    2023-08-01 38 days 1,861 sqft
    2023-09-01 39 days 1,914 sqft
    2023-10-01 38 days 1,853 sqft
    2023-11-01 40 days 1,791 sqft
    2023-12-01 46 days 1,725 sqft
    2024-01-01 54 days 1,670 sqft
    2024-02-01 47 days 1,752 sqft
    2024-03-01 45 days 1,666 sqft
    2024-04-01 40 days 1,776 sqft
    2024-05-01 38 days 2,014 sqft
    2024-06-01 37 days 1,951 sqft
    2024-07-01 43 days 1,912 sqft
    2024-08-01 43 days 1,894 sqft
    2024-09-01 44 days 1,865 sqft
    2024-10-01 45 days 1,840 sqft
    2024-11-01 51 days 1,834 sqft
    2024-12-01 59 days 1,778 sqft
    2025-01-01 0 days 1,790 sqft
    Greensboro's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Greensboro's median square footage for active listings during the 2025-01-01 period was 1,790 sqft. One year prior, the average listing was 1,670 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.