Greenwood VA Loan Rates, Closing Costs & Stats

Greenwood, 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.

Greenwood's 29 lenders originated 92 VA loans during 2024. The total origination value was $25,620,000, with an average VA loan value of $278,478.

Greenwood VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Greenwood averaged 6.63% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

Greenwood's average VA mortgage closing costs are $5,742.

The average rate for the prior week (2025-03-28) was 6.45% and one month ago for the week of 2025-02-28, the average rate was 6.73%.

The average rate one year ago was 6.74%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.06%.

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

Greenwood 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 Greenwood level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 17 6.54% $5,182
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 13 6.55% $6,019
QUICKEN LOANS, LLC 7 6.10% $6,039
FREEDOM MORTGAGE CORPORATION 5 6.15% $4,437
UNITED WHOLESALE MORTGAGE, LLC 4 5.87% $3,575
DHI MORTGAGE COMPANY, LTD. 4 5.44% $4,358
ACOPIA, LLC 3 6.50% $3,778
CROSSCOUNTRY MORTGAGE, LLC 3 6.42% $7,042
NEW DAY FINANCIAL, LLC 3 7.20% $5,097
PENNYMAC LOAN SERVICES, LLC 3 6.00% $12,516
Mr. Cooper ( Nationstar Mortgage ) 2 5.94% $5,194
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.19% $8,391
GUARANTEED RATE, INC. 2 6.48% $4,961
MOVEMENT MORTGAGE, LLC 2 6.00% $3,090
USAA Federal Savings Bank 2 6.06% $3,628
Countybank 2 6.44% $4,561
Waterstone Mortgage Corporation 1 6.75% $13,459
AXIA FINANCIAL, LLC 1 6.75% $8,662
CLEARPATH LENDING 1 5.88% $15,072
First-Citizens Bank & Trust Company 1 5.88% $4,332
FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 6.75% $1,563
Gateway First Bank 1 6.13% $4,085
LAKEVIEW LOAN SERVICING, LLC 1 5.25% $5,667
MORTGAGE INVESTORS GROUP, INC. 1 6.63% $4,350
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $9,152
SUN WEST MORTGAGE COMPANY, INC. 1 4.75% $7,317
UNION HOME MORTGAGE CORP. 1 7.63% $3,046
VERITAS FUNDING, LLC 1 6.75% $16,810
VILLAGE CAPITAL MORTGAGE 1 5.75% $10,619

The top Greenwood VA lender as defined by loan originations is Mortgage Research Center, LLC, with 17 VA loans originated. Their average total fees are $5,182, which is $837 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

The lowest fee Greenwood VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,182), ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($6,019), .

The lowest rate Greenwood VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.54%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.55%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Greenwood (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 $175,200 (10.3%) $239,340 (4.7%) 0.00 242
2018-02-01 $172,400 (10.6%) $239,897 (5.8%) 0.00 237
2018-03-01 $174,900 (10.1%) $245,927 (5.9%) 0.00 279
2018-04-01 $178,300 (-0.4%) $246,314 (3.9%) 0.00 291
2018-05-01 $182,950 (1.9%) $252,837 (5.7%) 0.00 297
2018-06-01 $192,000 (8.5%) $254,080 (8.0%) 0.00 297
2018-07-01 $199,450 (9.6%) $260,130 (7.5%) 0.00 286
2018-08-01 $189,900 (2.7%) $252,266 (3.0%) 0.00 284
2018-09-01 $199,000 (5.0%) $253,113 (1.2%) 0.00 290
2018-10-01 $199,450 (7.8%) $251,812 (-0.4%) 0.00 274
2018-11-01 $192,525 (2.2%) $253,524 (1.4%) 0.00 263
2018-12-01 $189,999 (6.1%) $257,312 (4.3%) 0.00 237
2019-01-01 $191,114 (9.1%) $260,673 (8.9%) 0.00 227
2019-02-01 $187,000 (8.5%) $260,635 (8.6%) 0.00 214
2019-03-01 $199,900 (14.3%) $273,097 (11.1%) 0.00 201
2019-04-01 $217,950 (22.2%) $286,609 (16.4%) 0.00 199
2019-05-01 $254,575 (39.2%) $311,203 (23.1%) 0.00 230
2019-06-01 $235,000 (22.4%) $316,831 (24.7%) 0.00 228
2019-07-01 $236,978 (18.8%) $319,453 (22.8%) 0.00 254
2019-08-01 $241,089 (27.0%) $327,377 (29.8%) 0.00 255
2019-09-01 $251,417 (26.3%) $332,177 (31.2%) 0.00 251
2019-10-01 $258,302 (29.5%) $335,377 (33.2%) 0.00 249
2019-11-01 $249,900 (29.8%) $318,394 (25.6%) 0.00 255
2019-12-01 $244,925 (28.9%) $315,471 (22.6%) 0.00 232
2020-01-01 $247,425 (29.5%) $316,204 (21.3%) 0.00 227
2020-02-01 $249,900 (33.6%) $314,942 (20.8%) 0.00 223
2020-03-01 $273,350 (36.7%) $327,060 (19.8%) 0.00 213
2020-04-01 $275,000 (26.2%) $332,894 (16.2%) 0.00 218
2020-05-01 $279,000 (9.6%) $340,419 (9.4%) 0.00 218
2020-06-01 $292,350 (24.4%) $345,251 (9.0%) 0.00 192
2020-07-01 $291,925 (23.2%) $347,332 (8.7%) 0.00 161
2020-08-01 $283,500 (17.6%) $315,626 (-3.6%) 0.00 156
2020-09-01 $275,850 (9.7%) $312,653 (-5.9%) 0.00 162
2020-10-01 $269,900 (4.5%) $315,353 (-6.0%) 0.00 160
2020-11-01 $275,975 (10.4%) $324,919 (2.1%) 0.00 133
2020-12-01 $270,560 (10.5%) $329,714 (4.5%) 0.00 103
2021-01-01 $244,250 (-1.3%) $301,395 (-4.7%) 0.00 87
2021-02-01 $233,568 (-6.5%) $285,720 (-9.3%) 0.00 85
2021-03-01 $262,700 (-3.9%) $337,969 (3.3%) 0.00 82
2021-04-01 $261,500 (-4.9%) $354,760 (6.6%) 0.00 70
2021-05-01 $249,900 (-10.4%) $323,970 (-4.8%) 0.00 66
2021-06-01 $241,500 (-17.4%) $311,613 (-9.7%) 0.00 78
2021-07-01 $249,900 (-14.4%) $313,171 (-9.8%) 0.00 83
2021-08-01 $245,473 (-13.4%) $301,820 (-4.4%) 0.00 107
2021-09-01 $250,248 (-9.3%) $285,677 (-8.6%) 0.00 126
2021-10-01 $225,000 (-16.6%) $264,246 (-16.2%) 0.00 129
2021-11-01 $240,950 (-12.7%) $269,211 (-17.2%) 0.00 137
2021-12-01 $249,950 (-7.6%) $275,503 (-16.4%) 0.00 145
2022-01-01 $280,000 (14.6%) $307,326 (2.0%) 0.00 119
2022-02-01 $281,875 (20.7%) $303,780 (6.3%) 0.00 125
2022-03-01 $276,945 (5.4%) $308,647 (-8.7%) 0.00 122
2022-04-01 $292,500 (11.9%) $331,865 (-6.5%) 0.00 118
2022-05-01 $297,725 (19.1%) $353,749 (9.2%) 0.00 125
2022-06-01 $279,175 (15.6%) $341,927 (9.7%) 0.00 142
2022-07-01 $282,250 (13.0%) $357,471 (14.2%) 0.00 153
2022-08-01 $278,250 (13.4%) $341,972 (13.3%) 0.00 166
2022-09-01 $276,000 (10.3%) $353,521 (23.8%) 0.00 190
2022-10-01 $281,000 (24.9%) $361,542 (36.8%) 0.00 192
2022-11-01 $280,500 (16.4%) $349,758 (29.9%) 0.00 192
2022-12-01 $275,245 (10.1%) $342,181 (24.2%) 0.00 191
2023-01-01 $277,073 (-1.1%) $346,283 (12.7%) 0.00 178
2023-02-01 $291,240 (3.3%) $369,062 (21.5%) 0.00 159
2023-03-01 $291,740 (5.3%) $378,506 (22.6%) 0.00 153
2023-04-01 $299,900 (2.5%) $380,055 (14.5%) 0.00 143
2023-05-01 $314,675 (5.7%) $397,345 (12.3%) 0.00 143
2023-06-01 $319,925 (14.6%) $412,536 (20.7%) 0.00 157
2023-07-01 $299,900 (6.3%) $391,263 (9.5%) 0.00 145
2023-08-01 $299,000 (7.5%) $375,334 (9.8%) 0.00 152
2023-09-01 $285,000 (3.3%) $370,753 (4.9%) 0.00 166
2023-10-01 $279,450 (-0.6%) $352,151 (-2.6%) 0.00 179
2023-11-01 $287,450 (2.5%) $358,323 (2.5%) 0.00 189
2023-12-01 $281,990 (2.5%) $337,037 (-1.5%) 0.00 198
2024-01-01 $297,125 (7.2%) $339,852 (-1.9%) 0.00 185
2024-02-01 $292,950 (0.6%) $339,930 (-7.9%) 0.00 189
2024-03-01 $294,900 (1.1%) $350,982 (-7.3%) 0.00 218
2024-04-01 $299,900 (0.0%) $348,271 (-8.4%) 0.00 240
2024-05-01 $288,950 (-8.2%) $354,868 (-10.7%) 0.00 226
2024-06-01 $299,000 (-6.5%) $352,822 (-14.5%) 0.00 249
2024-07-01 $293,250 (-2.2%) $355,275 (-9.2%) 0.00 244
2024-08-01 $299,945 (0.3%) $370,160 (-1.4%) 0.00 258
2024-09-01 $296,125 (3.9%) $362,706 (-2.2%) 0.00 249
2024-10-01 $293,269 (4.9%) $365,499 (3.8%) 0.00 228
2024-11-01 $267,500 (-6.9%) $343,241 (-4.2%) 0.00 234
2024-12-01 $271,200 (-3.8%) $324,584 (-3.7%) 0.00 240
2025-01-01 $274,000 (-7.8%) $319,937 (-5.9%) 0.00 232
2025-02-01 $269,950 (-7.9%) $324,802 (-4.5%) 0.00 228
2025-03-01 $274,900 (-6.8%) $341,906 (-2.6%) 0.00 254
Greenwood's median listing price for 2025-03-01 was $274,900, a difference of $-20,000 (-6.8%) versus the prior year and $4,950 versus the prior month.

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

Greenwood's average listing price for 2025-03-01 was $341,906, a difference of $-9,076 (-2.6%) versus the prior year and $17,104 versus the prior month.

For the 2025-03-01 period, Greenwood had 254 MLS listings, a difference of 26 listings (11%) versus the prior month and 36 listings (17%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Greenwood (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,909 sqft
2018-02-01 0 days 1,900 sqft
2018-03-01 0 days 1,950 sqft
2018-04-01 0 days 1,931 sqft
2018-05-01 0 days 1,943 sqft
2018-06-01 0 days 1,950 sqft
2018-07-01 0 days 1,971 sqft
2018-08-01 0 days 1,996 sqft
2018-09-01 0 days 2,026 sqft
2018-10-01 0 days 2,061 sqft
2018-11-01 0 days 2,098 sqft
2018-12-01 0 days 2,086 sqft
2019-01-01 0 days 2,030 sqft
2019-02-01 0 days 1,964 sqft
2019-03-01 0 days 2,019 sqft
2019-04-01 0 days 2,090 sqft
2019-05-01 0 days 2,086 sqft
2019-06-01 0 days 2,084 sqft
2019-07-01 0 days 2,099 sqft
2019-08-01 0 days 2,124 sqft
2019-09-01 0 days 2,161 sqft
2019-10-01 0 days 2,186 sqft
2019-11-01 0 days 2,190 sqft
2019-12-01 0 days 2,161 sqft
2020-01-01 0 days 2,203 sqft
2020-02-01 0 days 2,167 sqft
2020-03-01 0 days 2,216 sqft
2020-04-01 0 days 2,228 sqft
2020-05-01 0 days 2,288 sqft
2020-06-01 0 days 2,312 sqft
2020-07-01 0 days 2,359 sqft
2020-08-01 0 days 2,312 sqft
2020-09-01 0 days 2,427 sqft
2020-10-01 0 days 2,399 sqft
2020-11-01 0 days 2,361 sqft
2020-12-01 0 days 2,294 sqft
2021-01-01 0 days 2,200 sqft
2021-02-01 0 days 2,207 sqft
2021-03-01 0 days 2,243 sqft
2021-04-01 0 days 2,211 sqft
2021-05-01 0 days 2,046 sqft
2021-06-01 0 days 1,878 sqft
2021-07-01 0 days 2,100 sqft
2021-08-01 0 days 1,973 sqft
2021-09-01 0 days 1,849 sqft
2021-10-01 0 days 1,800 sqft
2021-11-01 0 days 1,832 sqft
2021-12-01 0 days 1,855 sqft
2022-01-01 0 days 1,881 sqft
2022-02-01 0 days 1,874 sqft
2022-03-01 0 days 1,879 sqft
2022-04-01 0 days 1,874 sqft
2022-05-01 0 days 1,879 sqft
2022-06-01 0 days 1,878 sqft
2022-07-01 0 days 1,862 sqft
2022-08-01 0 days 1,889 sqft
2022-09-01 0 days 1,899 sqft
2022-10-01 0 days 1,900 sqft
2022-11-01 0 days 1,900 sqft
2022-12-01 0 days 1,928 sqft
2023-01-01 0 days 1,937 sqft
2023-02-01 0 days 1,965 sqft
2023-03-01 0 days 1,981 sqft
2023-04-01 0 days 2,000 sqft
2023-05-01 0 days 2,000 sqft
2023-06-01 0 days 1,995 sqft
2023-07-01 0 days 1,958 sqft
2023-08-01 0 days 1,878 sqft
2023-09-01 0 days 1,880 sqft
2023-10-01 0 days 1,825 sqft
2023-11-01 0 days 1,849 sqft
2023-12-01 0 days 1,900 sqft
2024-01-01 0 days 1,872 sqft
2024-02-01 0 days 1,864 sqft
2024-03-01 0 days 1,928 sqft
2024-04-01 0 days 1,964 sqft
2024-05-01 0 days 1,892 sqft
2024-06-01 0 days 1,824 sqft
2024-07-01 0 days 1,743 sqft
2024-08-01 0 days 1,746 sqft
2024-09-01 0 days 1,750 sqft
2024-10-01 0 days 1,777 sqft
2024-11-01 0 days 1,778 sqft
2024-12-01 0 days 1,774 sqft
2025-01-01 0 days 1,771 sqft
2025-02-01 0 days 1,780 sqft
2025-03-01 0 days 1,820 sqft
Greenwood's median listing age (time on market) for 2025-03-01 was 0 days.

Greenwood's median square footage for active listings during the 2025-03-01 period was 1,820 sqft. One year prior, the average listing was 1,928 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.