Hattiesburg VA Loan Rates, Closing Costs & Stats

HATTIESBURG, MS

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets

    • 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.

    Hattiesburg's 56 lenders originated 328 VA loans during 2024. The total origination value was $91,720,000, with an average VA loan value of $279,634.

    Hattiesburg VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Hattiesburg averaged 0.12% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Hattiesburg's average VA mortgage closing costs are $5,759.

    The average rate for the prior week (2025-06-13) was 6.97% and one month ago for the week of 2025-05-16, the average rate was 6.83%.

    The average rate one year ago was 6.73%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.31%.

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

    Hattiesburg 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 Hattiesburg level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 58 6.58% $4,419
    FREEDOM MORTGAGE CORPORATION 30 6.11% $7,605
    UNITED WHOLESALE MORTGAGE, LLC 24 6.27% $7,225
    VILLAGE CAPITAL MORTGAGE 13 5.73% $7,367
    QUICKEN LOANS, LLC 12 6.05% $8,309
    Trustmark National Bank 11 6.43% $5,389
    PENNYMAC LOAN SERVICES, LLC 11 5.77% $8,021
    BROKER SOLUTIONS, INC. 10 6.75% $8,843
    DHI MORTGAGE COMPANY, LTD. 8 4.81% $7,202
    NEWREZ LLC 8 6.08% $6,214
    NEW DAY FINANCIAL, LLC 8 7.53% $8,533
    Hancock Whitney Bank 7 6.20% $9,513
    GMFS LLC 6 6.21% $5,482
    NAVY FEDERAL CREDIT UNION 6 5.88% $5,225
    GUARANTEED RATE, INC. 6 6.45% $2,454
    Barrington Bank & Trust Company, N.A. 5 6.38% $6,650
    The Federal Savings Bank 4 6.72% $9,476
    CROSSCOUNTRY MORTGAGE, LLC 4 6.50% $7,285
    Community Bank of Mississippi 4 6.27% $3,302
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 7.25% $1,699
    Merchants & Marine Bank 4 6.22% $5,737
    AMERISAVE MORTGAGE CORPORATION 4 6.03% $12,328
    SWBC MORTGAGE CORPORATION 4 6.36% $6,233
    LOANDEPOT.COM, LLC 3 6.58% $7,063
    STOCKTON MORTGAGE CORPORATION 3 6.54% $8,011
    Regions Bank 3 6.17% $12,452
    GUILD MORTGAGE COMPANY 3 6.83% $9,504
    KEESLER 3 5.58% $6,847
    BancorpSouth 3 6.67% $5,732
    USAA Federal Savings Bank 3 6.08% $5,324
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.00% $4,618
    Carrington Mortgage Services, LLC 2 6.31% $10,890
    Citizens Bank 2 6.50% $2,133
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.75% $13,452
    Grand Bank for Savings, FSB 2 6.44% $2,810
    Lakeview Community Capital, LLC 2 5.75% $5,327
    LAKEVIEW LOAN SERVICING, LLC 2 5.38% $5,313
    PLANET HOME LENDING, LLC 2 6.18% $5,126
    Princeton Mortgage Corporation 2 6.44% $5,047
    The Citizens National Bank of Meridian 2 6.25% $14,661
    American Mortgage & Equity Consultants, Inc. 1 6.13% $29,320
    AMERICAN FINANCING CORPORATION 1 5.75% $5,938
    American Mortgage Bank, LLC 1 6.13% $15,301
    Ixonia Bank 1 7.25% $29,030
    GENEVA FINANCIAL, LLC 1 6.75% $5,671
    Flagstar Bank, FSB 1 6.25% $2,929
    SUN WEST MORTGAGE COMPANY, INC. 1 6.00% $20,287
    DAS Acquisition Company, LLC 1 5.75% $5,049
    ZILLOW HOME LOANS, LLC 1 7.25% $3,874
    Bank of England 1 6.00% $10,410
    TOWNE MORTGAGE COMPANY 1 7.13% $5,355
    Armed Forces Bank 1 6.63% $12,402
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.75% $3,954
    M&T Bank 1 7.13% $10,208
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $8,215
    Magnolia Bank 1 6.25% $10,884

    The top Hattiesburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 58 VA loans originated. Their average total fees are $4,419, which is $3,186 lower than the next largest lender, FREEDOM MORTGAGE CORPORATION.

    The lowest fee Hattiesburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,419), Trustmark National Bank ($5,389), UNITED WHOLESALE MORTGAGE, LLC ($7,225), VILLAGE CAPITAL MORTGAGE ($7,367) and FREEDOM MORTGAGE CORPORATION ($7,605).

    The lowest rate Hattiesburg VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (5.73%), PENNYMAC LOAN SERVICES, LLC (5.77%), QUICKEN LOANS, LLC (6.05%), FREEDOM MORTGAGE CORPORATION (6.11%) and UNITED WHOLESALE MORTGAGE, LLC (6.27%).

    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.