Greenville VA Loan Rates, Closing Costs & Stats
GREENVILLE-ANDERSON, SC
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.
Greenville's 161 lenders originated 1,904 VA loans during 2022. The total origination value was $587,120,000, with an average VA loan value of $308,361.
Greenville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Greenville
averaged
6.25%
for the week of 2023-05-26, compared to the national average (all VA variants) of
6.408% for the same period.
Greenville's average VA mortgage closing costs are $5,680.
The average rate for the prior week (2023-05-19) was
6.08% and
one month ago for the week of 2023-04-21, the
average rate was 6.1%.
The average rate one year ago was 4.97%.
For refis of the same type during the week of 2023-05-26, the average rate
was 5.27%.
Greenville 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 Greenville level.
The top Greenville VA lender as defined by loan originations is Mortgage Research Center, LLC, with
240 VA loans originated. Their average total fees are
$7,159, which is $2,239
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Greenville VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC ($2,304), APEX HOME LOANS, INC. ($4,630), Wells Fargo Bank ($4,872), Sierra Pacific Mortgage Company, Inc. ($5,653) and NAVY FEDERAL CREDIT UNION ($5,907).
The lowest rate Greenville VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC (3.25%), PENNYMAC LOAN SERVICES, LLC (3.40%), APEX HOME LOANS, INC. (3.72%), NEWREZ LLC (3.78%) and CLEARPATH LENDING (3.82%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Greenville (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 | $268,794 (3.7%) | $352,118 (1.7%) | 1.00 | 3,079 |
| 2018-02-01 | $269,950 (3.9%) | $366,630 (5.6%) | 0.98 | 3,082 |
| 2018-03-01 | $274,600 (3.6%) | $370,112 (4.4%) | 0.96 | 3,140 |
| 2018-04-01 | $274,950 (2.4%) | $375,444 (3.2%) | 0.93 | 3,266 |
| 2018-05-01 | $274,500 (1.7%) | $378,904 (4.8%) | 0.92 | 3,373 |
| 2018-06-01 | $278,711 (1.4%) | $383,196 (4.5%) | 0.93 | 3,456 |
| 2018-07-01 | $275,000 (0.0%) | $378,809 (2.9%) | 0.92 | 3,472 |
| 2018-08-01 | $273,950 (0.0%) | $380,078 (3.8%) | 0.92 | 3,443 |
| 2018-09-01 | $265,137 (-1.8%) | $374,377 (3.5%) | 0.89 | 3,563 |
| 2018-10-01 | $263,810 (-2.5%) | $372,049 (1.8%) | 0.89 | 3,617 |
| 2018-11-01 | $264,700 (-1.9%) | $373,956 (2.4%) | 0.90 | 3,532 |
| 2018-12-01 | $260,000 (-3.4%) | $366,832 (1.8%) | 0.90 | 3,426 |
| 2019-01-01 | $264,243 (-1.7%) | $368,315 (4.6%) | 0.91 | 3,229 |
| 2019-02-01 | $264,709 (-1.9%) | $369,403 (0.8%) | 0.89 | 3,148 |
| 2019-03-01 | $275,000 (0.2%) | $384,007 (3.8%) | 0.92 | 3,010 |
| 2019-04-01 | $284,700 (3.6%) | $388,822 (3.6%) | 0.90 | 3,032 |
| 2019-05-01 | $286,448 (4.4%) | $395,219 (4.3%) | 0.90 | 3,187 |
| 2019-06-01 | $284,622 (2.1%) | $395,985 (3.3%) | 0.89 | 3,332 |
| 2019-07-01 | $280,718 (2.1%) | $400,479 (5.7%) | 0.88 | 3,509 |
| 2019-08-01 | $281,940 (2.9%) | $404,257 (6.4%) | 0.88 | 3,443 |
| 2019-09-01 | $280,000 (5.6%) | $399,616 (6.7%) | 0.88 | 3,247 |
| 2019-10-01 | $275,388 (4.4%) | $391,151 (5.1%) | 0.89 | 3,468 |
| 2019-11-01 | $274,900 (3.9%) | $393,042 (5.1%) | 0.90 | 3,387 |
| 2019-12-01 | $269,900 (3.8%) | $386,789 (5.4%) | 0.90 | 3,197 |
| 2020-01-01 | $269,913 (2.2%) | $386,363 (4.9%) | 0.90 | 3,049 |
| 2020-02-01 | $276,150 (4.3%) | $400,622 (8.5%) | 0.90 | 2,872 |
| 2020-03-01 | $279,900 (1.8%) | $408,674 (6.4%) | 0.88 | 2,886 |
| 2020-04-01 | $279,900 (-1.7%) | $405,306 (4.2%) | 0.88 | 2,986 |
| 2020-05-01 | $285,500 (-0.3%) | $419,113 (6.1%) | 0.87 | 2,899 |
| 2020-06-01 | $298,000 (4.7%) | $435,295 (9.9%) | 0.88 | 2,558 |
| 2020-07-01 | $289,975 (3.3%) | $433,102 (8.2%) | 0.84 | 2,459 |
| 2020-08-01 | $290,000 (2.9%) | $441,522 (9.2%) | 0.83 | 2,297 |
| 2020-09-01 | $289,950 (3.6%) | $445,746 (11.5%) | 0.83 | 2,127 |
| 2020-10-01 | $283,293 (2.9%) | $431,464 (10.3%) | 0.81 | 2,103 |
| 2020-11-01 | $279,900 (1.8%) | $417,267 (6.2%) | 0.82 | 2,103 |
| 2020-12-01 | $276,695 (2.5%) | $411,850 (6.5%) | 0.82 | 1,945 |
| 2021-01-01 | $275,000 (1.9%) | $420,084 (8.7%) | 0.82 | 1,693 |
| 2021-02-01 | $283,247 (2.6%) | $434,238 (8.4%) | 0.82 | 1,463 |
| 2021-03-01 | $297,450 (6.3%) | $454,912 (11.3%) | 0.84 | 1,246 |
| 2021-04-01 | $313,048 (11.8%) | $479,832 (18.4%) | 0.85 | 1,099 |
| 2021-05-01 | $303,936 (6.5%) | $497,743 (18.8%) | 0.81 | 1,007 |
| 2021-06-01 | $318,825 (7.0%) | $502,063 (15.3%) | 0.84 | 1,071 |
| 2021-07-01 | $318,752 (9.9%) | $492,093 (13.6%) | 0.84 | 1,253 |
| 2021-08-01 | $342,000 (17.9%) | $511,913 (15.9%) | 0.91 | 1,304 |
| 2021-09-01 | $347,978 (20.0%) | $516,142 (15.8%) | 0.93 | 1,308 |
| 2021-10-01 | $337,900 (19.3%) | $508,166 (17.8%) | 0.90 | 1,304 |
| 2021-11-01 | $331,490 (18.4%) | $505,660 (21.2%) | 0.89 | 1,239 |
| 2021-12-01 | $329,950 (19.3%) | $500,006 (21.4%) | 0.89 | 1,183 |
| 2022-01-01 | $327,500 (19.1%) | $498,350 (18.6%) | 0.89 | 1,037 |
| 2022-02-01 | $345,000 (21.8%) | $509,806 (17.4%) | 0.90 | 866 |
| 2022-03-01 | $341,950 (15.0%) | $510,586 (12.2%) | 0.86 | 824 |
| 2022-04-01 | $352,495 (12.6%) | $511,330 (6.6%) | 0.84 | 863 |
| 2022-05-01 | $354,973 (16.8%) | $507,766 (2.0%) | 0.81 | 1,108 |
| 2022-06-01 | $354,500 (11.2%) | $490,827 (-2.2%) | 0.79 | 1,397 |
| 2022-07-01 | $352,610 (10.6%) | $486,743 (-1.1%) | 0.80 | 1,801 |
| 2022-08-01 | $350,496 (2.5%) | $486,621 (-4.9%) | 0.81 | 1,938 |
| 2022-09-01 | $349,800 (0.5%) | $478,648 (-7.3%) | 0.82 | 2,045 |
| 2022-10-01 | $345,245 (2.2%) | $476,756 (-6.2%) | 0.81 | 2,294 |
| 2022-11-01 | $342,505 (3.3%) | $475,704 (-5.9%) | 0.82 | 2,432 |
| 2022-12-01 | $339,900 (3.0%) | $471,618 (-5.7%) | 0.84 | 2,264 |
| 2023-01-01 | $337,000 (2.9%) | $463,617 (-7.0%) | 0.83 | 2,050 |
| 2023-02-01 | $335,900 (-2.6%) | $465,727 (-8.7%) | 0.81 | 1,986 |
| 2023-03-01 | $337,900 (-1.2%) | $477,455 (-6.5%) | 0.80 | 1,903 |
| 2023-04-01 | $348,900 (-1.0%) | $511,743 (0.1%) | 0.81 | 1,740 |
Greenville's median listing price comes in at 81% of the national average.
Greenville's average listing price for 2023-04-01 was $511,743, a difference of $413 (0.1%) versus the prior year and $34,288 versus the prior month.
For the 2023-04-01 period, Greenville had 1,740 MLS listings, a difference of -163 listings (-9%) versus the prior month and 877 listings (102%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Greenville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 87 days | 2,184 sqft |
| 2018-02-01 | 82 days | 2,200 sqft |
| 2018-03-01 | 65 days | 2,371 sqft |
| 2018-04-01 | 61 days | 2,400 sqft |
| 2018-05-01 | 58 days | 2,364 sqft |
| 2018-06-01 | 61 days | 2,340 sqft |
| 2018-07-01 | 67 days | 2,331 sqft |
| 2018-08-01 | 73 days | 2,305 sqft |
| 2018-09-01 | 72 days | 2,220 sqft |
| 2018-10-01 | 71 days | 2,185 sqft |
| 2018-11-01 | 74 days | 2,146 sqft |
| 2018-12-01 | 85 days | 2,130 sqft |
| 2019-01-01 | 94 days | 2,119 sqft |
| 2019-02-01 | 93 days | 2,093 sqft |
| 2019-03-01 | 69 days | 2,120 sqft |
| 2019-04-01 | 62 days | 2,217 sqft |
| 2019-05-01 | 56 days | 2,242 sqft |
| 2019-06-01 | 58 days | 2,212 sqft |
| 2019-07-01 | 59 days | 2,216 sqft |
| 2019-08-01 | 67 days | 2,247 sqft |
| 2019-09-01 | 77 days | 2,215 sqft |
| 2019-10-01 | 71 days | 2,151 sqft |
| 2019-11-01 | 73 days | 2,139 sqft |
| 2019-12-01 | 81 days | 2,101 sqft |
| 2020-01-01 | 85 days | 2,120 sqft |
| 2020-02-01 | 82 days | 2,174 sqft |
| 2020-03-01 | 66 days | 2,199 sqft |
| 2020-04-01 | 65 days | 2,204 sqft |
| 2020-05-01 | 70 days | 2,238 sqft |
| 2020-06-01 | 78 days | 2,249 sqft |
| 2020-07-01 | 65 days | 2,230 sqft |
| 2020-08-01 | 59 days | 2,249 sqft |
| 2020-09-01 | 58 days | 2,111 sqft |
| 2020-10-01 | 58 days | 2,053 sqft |
| 2020-11-01 | 56 days | 1,995 sqft |
| 2020-12-01 | 65 days | 2,003 sqft |
| 2021-01-01 | 73 days | 1,977 sqft |
| 2021-02-01 | 62 days | 1,929 sqft |
| 2021-03-01 | 55 days | 1,884 sqft |
| 2021-04-01 | 53 days | 1,971 sqft |
| 2021-05-01 | 43 days | 1,929 sqft |
| 2021-06-01 | 40 days | 1,956 sqft |
| 2021-07-01 | 35 days | 1,971 sqft |
| 2021-08-01 | 38 days | 2,036 sqft |
| 2021-09-01 | 46 days | 2,029 sqft |
| 2021-10-01 | 46 days | 1,932 sqft |
| 2021-11-01 | 46 days | 1,922 sqft |
| 2021-12-01 | 50 days | 1,949 sqft |
| 2022-01-01 | 58 days | 1,903 sqft |
| 2022-02-01 | 42 days | 1,935 sqft |
| 2022-03-01 | 38 days | 1,907 sqft |
| 2022-04-01 | 35 days | 1,881 sqft |
| 2022-05-01 | 32 days | 1,971 sqft |
| 2022-06-01 | 33 days | 1,939 sqft |
| 2022-07-01 | 35 days | 2,014 sqft |
| 2022-08-01 | 42 days | 1,978 sqft |
| 2022-09-01 | 47 days | 2,057 sqft |
| 2022-10-01 | 47 days | 2,164 sqft |
| 2022-11-01 | 52 days | 2,159 sqft |
| 2022-12-01 | 65 days | 2,052 sqft |
| 2023-01-01 | 78 days | 2,017 sqft |
| 2023-02-01 | 69 days | 1,973 sqft |
| 2023-03-01 | 53 days | 1,956 sqft |
| 2023-04-01 | 50 days | 2,068 sqft |
Greenville's median square footage for active listings during the 2023-04-01 period was 2,068 sqft. One year prior, the average listing was 1,881 sqft.