Greenville VA Loan Rates, Closing Costs & Stats

Greenville, OH

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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.

    Greenville's 20 lenders originated 36 VA loans during 2023. The total origination value was $7,690,000, with an average VA loan value of $213,611.

    Greenville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Greenville averaged 6.47% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Greenville's average VA mortgage closing costs are $4,900.

    The average rate for the prior week (2024-12-06) was 6.7% and one month ago for the week of 2024-11-08, the average rate was 6.7%.

    The average rate one year ago was 7.15%.

    For refis of the same type during the week of 2024-12-13, the average rate was 5.98%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    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.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 9 7.11% $5,361
    NEWREZ LLC 4 6.94% $4,476
    Union Savings Bank 2 6.56% $1,746
    UNITED WHOLESALE MORTGAGE, LLC 2 7.31% $4,316
    QUICKEN LOANS, LLC 2 5.74% $9,009
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 7.63% $5,486
    LOANDEPOT.COM, LLC 1 5.99% $7,935
    NAVY FEDERAL CREDIT UNION 1 5.38% $2,202
    NEW DAY FINANCIAL, LLC 1 6.99% $9,834
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.25% $4,940
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $8,863
    The Huntington National Bank 1 6.13% $1,741
    USAA Federal Savings Bank 1 7.13% $2,720
    Waterstone Mortgage Corporation 1 5.63% $22,771
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.00% $2,394
    WRIGHT-PATT CREDIT UNION, INC. 1 7.13% $2,775
    CARDINAL FINANCIAL 1 6.75% $7,355
    Citizens Bank 1 7.50% $5,040
    DAS Acquisition Company, LLC 1 6.88% $8,396
    GUARANTEED RATE, INC. 1 6.63% $3,118

    The top Greenville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 9 VA loans originated. Their average total fees are $5,361, which is $886 higher than the next largest lender, NEWREZ LLC.

    The lowest fee Greenville VA lenders (with over 10 loans originated) are .

    The lowest rate Greenville VA lenders (with over 10 loans originated) are .

    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 $118,250 (22.6%) $139,612 (0.7%) 0.00 152
    2018-02-01 $115,339 (18.3%) $141,532 (1.6%) 0.00 154
    2018-03-01 $119,900 (18.8%) $144,954 (3.4%) 0.00 160
    2018-04-01 $124,750 (25.4%) $148,678 (6.4%) 0.00 150
    2018-05-01 $126,250 (28.3%) $157,133 (13.4%) 0.00 146
    2018-06-01 $128,900 (22.2%) $160,501 (14.3%) 0.00 161
    2018-07-01 $129,875 (19.8%) $160,022 (16.8%) 0.00 178
    2018-08-01 $129,450 (15.0%) $160,643 (13.5%) 0.00 190
    2018-09-01 $119,950 (13.7%) $154,926 (11.1%) 0.00 192
    2018-10-01 $120,000 (9.6%) $150,508 (4.9%) 0.00 190
    2018-11-01 $117,675 (12.9%) $144,992 (3.0%) 0.00 182
    2018-12-01 $120,000 (17.7%) $144,344 (6.9%) 0.00 174
    2019-01-01 $109,792 (-7.2%) $132,538 (-5.1%) 0.00 152
    2019-02-01 $106,575 (-7.6%) $129,034 (-8.8%) 0.00 147
    2019-03-01 $107,708 (-10.2%) $137,468 (-5.2%) 0.00 155
    2019-04-01 $108,388 (-13.1%) $140,972 (-5.2%) 0.00 168
    2019-05-01 $112,000 (-11.3%) $143,885 (-8.4%) 0.00 164
    2019-06-01 $109,900 (-14.7%) $148,145 (-7.7%) 0.00 149
    2019-07-01 $103,817 (-20.1%) $152,746 (-4.6%) 0.00 159
    2019-08-01 $105,288 (-18.7%) $159,646 (-0.6%) 0.00 143
    2019-09-01 $116,095 (-3.2%) $161,115 (4.0%) 0.00 149
    2019-10-01 $125,950 (5.0%) $163,071 (8.4%) 0.00 149
    2019-11-01 $123,350 (4.8%) $164,758 (13.6%) 0.00 145
    2019-12-01 $122,400 (2.0%) $164,657 (14.1%) 0.00 143
    2020-01-01 $134,875 (22.9%) $171,415 (29.3%) 0.00 136
    2020-02-01 $135,950 (27.6%) $172,714 (33.9%) 0.00 125
    2020-03-01 $136,200 (26.5%) $173,642 (26.3%) 0.00 125
    2020-04-01 $131,250 (21.1%) $176,213 (25.0%) 0.00 109
    2020-05-01 $128,763 (15.0%) $177,530 (23.4%) 0.00 112
    2020-06-01 $136,050 (23.8%) $185,273 (25.1%) 0.00 107
    2020-07-01 $129,150 (24.4%) $173,580 (13.6%) 0.00 113
    2020-08-01 $123,250 (17.1%) $165,729 (3.8%) 0.00 101
    2020-09-01 $115,000 (-0.9%) $153,365 (-4.8%) 0.00 99
    2020-10-01 $129,900 (3.1%) $176,135 (8.0%) 0.00 103
    2020-11-01 $125,000 (1.3%) $175,576 (6.6%) 0.00 109
    2020-12-01 $119,350 (-2.5%) $169,971 (3.2%) 0.00 89
    2021-01-01 $127,750 (-5.3%) $173,912 (1.5%) 0.00 82
    2021-02-01 $142,425 (4.8%) $176,737 (2.3%) 0.00 77
    2021-03-01 $154,825 (13.7%) $194,126 (11.8%) 0.00 53
    2021-04-01 $164,750 (25.5%) $201,945 (14.6%) 0.00 56
    2021-05-01 $169,900 (32.0%) $218,706 (23.2%) 0.00 49
    2021-06-01 $172,400 (26.7%) $224,084 (21.0%) 0.00 50
    2021-07-01 $157,000 (21.6%) $206,504 (19.0%) 0.00 55
    2021-08-01 $151,225 (22.7%) $198,698 (19.9%) 0.00 67
    2021-09-01 $149,000 (29.6%) $211,567 (38.0%) 0.00 61
    2021-10-01 $149,000 (14.7%) $206,008 (17.0%) 0.00 68
    2021-11-01 $154,950 (24.0%) $215,288 (22.6%) 0.00 73
    2021-12-01 $149,925 (25.6%) $206,157 (21.3%) 0.00 62
    2022-01-01 $146,999 (15.1%) $205,688 (18.3%) 0.00 53
    2022-02-01 $168,000 (18.0%) $214,047 (21.1%) 0.00 52
    2022-03-01 $168,675 (9.0%) $204,352 (5.3%) 0.00 49
    2022-04-01 $164,900 (0.1%) $209,256 (3.6%) 0.00 56
    2022-05-01 $162,550 (-4.3%) $219,777 (0.5%) 0.00 75
    2022-06-01 $179,900 (4.4%) $230,907 (3.0%) 0.00 89
    2022-07-01 $185,000 (17.8%) $235,387 (14.0%) 0.00 91
    2022-08-01 $182,500 (20.7%) $219,181 (10.3%) 0.00 90
    2022-09-01 $168,350 (13.0%) $210,678 (-0.4%) 0.00 90
    2022-10-01 $189,900 (27.5%) $226,610 (10.0%) 0.00 91
    2022-11-01 $180,650 (16.6%) $216,289 (0.5%) 0.00 82
    2022-12-01 $199,900 (33.3%) $245,062 (18.9%) 0.00 71
    2023-01-01 $209,300 (42.4%) $270,692 (31.6%) 0.00 68
    2023-02-01 $199,900 (19.0%) $247,472 (15.6%) 0.00 64
    2023-03-01 $194,450 (15.3%) $243,109 (19.0%) 0.00 66
    2023-04-01 $191,000 (15.8%) $238,076 (13.8%) 0.00 63
    2023-05-01 $197,525 (21.5%) $245,034 (11.5%) 0.00 62
    2023-06-01 $190,550 (5.9%) $245,477 (6.3%) 0.00 81
    2023-07-01 $190,000 (2.7%) $237,844 (1.0%) 0.00 62
    2023-08-01 $191,500 (4.9%) $235,767 (7.6%) 0.00 64
    2023-09-01 $209,900 (24.7%) $243,628 (15.6%) 0.00 58
    2023-10-01 $211,250 (11.2%) $239,779 (5.8%) 0.00 58
    2023-11-01 $211,200 (16.9%) $240,292 (11.1%) 0.00 57
    2023-12-01 $225,000 (12.6%) $267,157 (9.0%) 0.00 80
    2024-01-01 $259,200 (23.8%) $277,769 (2.6%) 0.00 76
    2024-02-01 $252,400 (26.3%) $272,310 (10.0%) 0.00 77
    2024-03-01 $265,500 (36.5%) $283,816 (16.7%) 0.00 72
    2024-04-01 $299,950 (57.0%) $309,558 (30.0%) 0.00 70
    2024-05-01 $342,350 (73.3%) $336,202 (37.2%) 0.00 63
    2024-06-01 $262,000 (37.5%) $313,611 (27.8%) 0.00 50
    2024-07-01 $264,000 (39.0%) $303,449 (27.6%) 0.00 62
    2024-08-01 $247,250 (29.1%) $287,708 (22.0%) 0.00 77
    2024-09-01 $256,000 (22.0%) $290,501 (19.2%) 0.00 91
    2024-10-01 $243,475 (15.3%) $272,840 (13.8%) 0.00 94
    2024-11-01 $235,000 (11.3%) $270,901 (12.7%) 0.00 97
    Greenville's median listing price for 2024-11-01 was $235,000, a difference of $23,800 (11.3%) versus the prior year and $-8,475 versus the prior month.

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

    Greenville's average listing price for 2024-11-01 was $270,901, a difference of $30,609 (12.7%) versus the prior year and $-1,939 versus the prior month.

    For the 2024-11-01 period, Greenville had 97 MLS listings, a difference of 3 listings (3%) versus the prior month and 40 listings (70%) 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 0 days 1,738 sqft
    2018-02-01 0 days 1,721 sqft
    2018-03-01 0 days 1,755 sqft
    2018-04-01 0 days 1,806 sqft
    2018-05-01 0 days 1,882 sqft
    2018-06-01 0 days 1,812 sqft
    2018-07-01 0 days 1,787 sqft
    2018-08-01 0 days 1,852 sqft
    2018-09-01 0 days 1,811 sqft
    2018-10-01 0 days 1,722 sqft
    2018-11-01 0 days 1,710 sqft
    2018-12-01 0 days 1,695 sqft
    2019-01-01 0 days 1,615 sqft
    2019-02-01 0 days 1,554 sqft
    2019-03-01 0 days 1,572 sqft
    2019-04-01 0 days 1,568 sqft
    2019-05-01 0 days 1,568 sqft
    2019-06-01 0 days 1,592 sqft
    2019-07-01 0 days 1,576 sqft
    2019-08-01 0 days 1,612 sqft
    2019-09-01 0 days 1,659 sqft
    2019-10-01 0 days 1,695 sqft
    2019-11-01 0 days 1,689 sqft
    2019-12-01 0 days 1,745 sqft
    2020-01-01 0 days 1,728 sqft
    2020-02-01 0 days 1,784 sqft
    2020-03-01 0 days 1,753 sqft
    2020-04-01 0 days 1,758 sqft
    2020-05-01 0 days 1,642 sqft
    2020-06-01 0 days 1,630 sqft
    2020-07-01 0 days 1,652 sqft
    2020-08-01 0 days 1,656 sqft
    2020-09-01 0 days 1,635 sqft
    2020-10-01 0 days 1,680 sqft
    2020-11-01 0 days 1,804 sqft
    2020-12-01 0 days 1,734 sqft
    2021-01-01 0 days 1,777 sqft
    2021-02-01 0 days 1,659 sqft
    2021-03-01 0 days 1,677 sqft
    2021-04-01 0 days 1,732 sqft
    2021-05-01 0 days 1,865 sqft
    2021-06-01 0 days 1,738 sqft
    2021-07-01 0 days 1,678 sqft
    2021-08-01 0 days 1,658 sqft
    2021-09-01 0 days 1,666 sqft
    2021-10-01 0 days 1,555 sqft
    2021-11-01 0 days 1,542 sqft
    2021-12-01 0 days 1,582 sqft
    2022-01-01 0 days 1,445 sqft
    2022-02-01 0 days 1,458 sqft
    2022-03-01 0 days 1,475 sqft
    2022-04-01 0 days 1,583 sqft
    2022-05-01 0 days 1,622 sqft
    2022-06-01 0 days 1,661 sqft
    2022-07-01 0 days 1,703 sqft
    2022-08-01 0 days 1,609 sqft
    2022-09-01 0 days 1,639 sqft
    2022-10-01 0 days 1,720 sqft
    2022-11-01 0 days 1,609 sqft
    2022-12-01 0 days 1,794 sqft
    2023-01-01 0 days 1,776 sqft
    2023-02-01 0 days 1,772 sqft
    2023-03-01 0 days 1,705 sqft
    2023-04-01 0 days 1,692 sqft
    2023-05-01 0 days 1,679 sqft
    2023-06-01 0 days 1,559 sqft
    2023-07-01 0 days 1,600 sqft
    2023-08-01 0 days 1,635 sqft
    2023-09-01 0 days 1,651 sqft
    2023-10-01 0 days 1,623 sqft
    2023-11-01 0 days 1,585 sqft
    2023-12-01 0 days 1,688 sqft
    2024-01-01 0 days 1,730 sqft
    2024-02-01 0 days 1,730 sqft
    2024-03-01 0 days 1,730 sqft
    2024-04-01 0 days 1,730 sqft
    2024-05-01 0 days 1,730 sqft
    2024-06-01 0 days 1,702 sqft
    2024-07-01 0 days 1,783 sqft
    2024-08-01 0 days 1,738 sqft
    2024-09-01 0 days 1,739 sqft
    2024-10-01 0 days 1,740 sqft
    2024-11-01 0 days 1,748 sqft
    Greenville's median listing age (time on market) for 2024-11-01 was 0 days.

    Greenville's median square footage for active listings during the 2024-11-01 period was 1,748 sqft. One year prior, the average listing was 1,585 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.