Hattiesburg VA Loan Rates, Closing Costs & Stats

HATTIESBURG, MS

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 53 lenders originated 227 VA loans during 2023. The total origination value was $58,965,000, with an average VA loan value of $259,758.

Hattiesburg VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Hattiesburg averaged 6.58% for the week of 2025-01-31, compared to the national average (all VA variants) of 6.399% for the same period.

Hattiesburg's average VA mortgage closing costs are $5,589.

The average rate for the prior week (2025-01-24) was 6.44% and one month ago for the week of 2024-12-27, the average rate was 6.66%.

The average rate one year ago was 6.25%.

For refis of the same type during the week of 2025-01-31, the average rate was 6.79%.

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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 51 6.64% $5,998
Trustmark National Bank 16 6.50% $4,388
QUICKEN LOANS, LLC 15 6.20% $8,143
UNITED WHOLESALE MORTGAGE, LLC 11 6.80% $8,415
USAA Federal Savings Bank 10 6.45% $5,768
NAVY FEDERAL CREDIT UNION 7 5.89% $5,145
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.75% $4,496
PENNYMAC LOAN SERVICES, LLC 7 5.86% $4,571
NEW DAY FINANCIAL, LLC 7 7.71% $10,643
VILLAGE CAPITAL MORTGAGE 6 6.33% $10,124
Merchants & Marine Bank 5 6.63% $5,876
Hancock Whitney Bank 5 6.28% $9,556
DRAPER AND KRAMER MORTGAGE CORP. 4 7.00% $10,549
The Federal Savings Bank 4 6.59% $10,674
NEWREZ LLC 4 6.22% $10,971
Regions Bank 4 6.97% $7,436
STOCKTON MORTGAGE CORPORATION 3 4.67% $11,939
AMERISAVE MORTGAGE CORPORATION 3 5.88% $11,555
Equity Prime Mortgage LLC 3 6.71% $11,366
GMFS LLC 3 6.08% $3,045
FREEDOM MORTGAGE CORPORATION 3 6.42% $19,574
Barrington Bank & Trust Company, N.A. 3 6.88% $20,560
The Citizens National Bank of Meridian 2 7.44% $9,303
Community Bank of Mississippi 2 5.94% $11,786
CONTOUR MORTGAGE CORPORATION 2 6.63% $10,376
KEESLER 2 5.50% $3,555
LOANDEPOT.COM, LLC 2 6.81% $11,286
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 8.00% $0
PLAZA HOME MORTGAGE, INC. 2 6.63% $5,036
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.63% $1,602
Hamilton Mortgage Corporation 1 6.50% $8,376
U.S. Bank 1 6.13% $19,914
GUARANTEED RATE, INC. 1 5.65% $600
NBH Bank 1 6.75% $10,723
NBKC BANK 1 5.50% $16,314
NETWORK CAPITAL FUNDING CORPORATION 1 6.63% $1,414
GSF Mortgage Corporation 1 6.75% $5,133
First Federal Bank 1 8.49% $4,255
FBC MORTGAGE, LLC 1 6.25% $15,498
AMERICAN FINANCIAL NETWORK, INC. 1 7.38% $894
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $9,158
EVERETT FINANCIAL, INC. 1 8.13% $5,018
CROSSCOUNTRY MORTGAGE, LLC 1 7.75% $7,850
SIRVA MORTGAGE, INC. 1 6.75% $18,439
CMG MORTGAGE, INC. 1 5.13% $17,821
SWBC MORTGAGE CORPORATION 1 6.75% $8,313
ACADEMY MORTGAGE CORPORATION 1 6.75% $13,913
CARDINAL FINANCIAL 1 6.50% $12,119
Bank of America 1 6.38% $11,117
BancorpSouth 1 6.13% $9,416
LAKEVIEW LOAN SERVICING, LLC 1 5.25% $11,410
Armed Forces Bank 1 5.75% $8,981
Magnolia Bank 1 7.13% $16,980

The top Hattiesburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 51 VA loans originated. Their average total fees are $5,998, which is $1,610 higher than the next largest lender, Trustmark National Bank.

The lowest fee Hattiesburg VA lenders (with over 10 loans originated) are Trustmark National Bank ($4,388), USAA Federal Savings Bank ($5,768), Mortgage Research Center, LLC ($5,998), QUICKEN LOANS, LLC ($8,143) and UNITED WHOLESALE MORTGAGE, LLC ($8,415).

The lowest rate Hattiesburg VA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.20%), USAA Federal Savings Bank (6.45%), Trustmark National Bank (6.50%), Mortgage Research Center, LLC (6.64%) and UNITED WHOLESALE MORTGAGE, LLC (6.80%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Hattiesburg (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 $194,500 (10.8%) $260,272 (12.7%) 0.72 506
2018-02-01 $197,825 (11.2%) $267,184 (10.6%) 0.72 495
2018-03-01 $205,000 (13.9%) $275,787 (9.7%) 0.72 527
2018-04-01 $212,400 (12.4%) $279,065 (7.5%) 0.71 560
2018-05-01 $219,450 (19.0%) $285,801 (9.1%) 0.73 551
2018-06-01 $219,900 (15.8%) $286,192 (9.9%) 0.73 573
2018-07-01 $219,900 (13.4%) $285,370 (12.2%) 0.72 605
2018-08-01 $209,500 (10.3%) $277,225 (9.6%) 0.69 580
2018-09-01 $199,750 (4.7%) $265,607 (3.4%) 0.67 572
2018-10-01 $199,825 (2.5%) $264,058 (0.8%) 0.68 558
2018-11-01 $195,075 (2.1%) $263,478 (3.8%) 0.64 546
2018-12-01 $197,700 (1.7%) $264,396 (1.9%) 0.67 522
2019-01-01 $197,975 (1.8%) $264,797 (1.7%) 0.67 493
2019-02-01 $199,900 (1.1%) $270,798 (1.4%) 0.67 486
2019-03-01 $199,900 (-2.5%) $272,635 (-1.1%) 0.64 501
2019-04-01 $199,900 (-5.9%) $274,269 (-1.7%) 0.62 508
2019-05-01 $199,900 (-8.9%) $280,083 (-2.0%) 0.61 484
2019-06-01 $199,900 (-9.1%) $279,934 (-2.2%) 0.62 500
2019-07-01 $209,900 (-4.6%) $277,892 (-2.6%) 0.66 519
2019-08-01 $196,082 (-6.4%) $271,509 (-2.1%) 0.62 520
2019-09-01 $190,355 (-4.7%) $263,291 (-0.9%) 0.60 510
2019-10-01 $186,700 (-6.6%) $257,371 (-2.5%) 0.59 498
2019-11-01 $187,700 (-3.8%) $252,508 (-4.2%) 0.61 489
2019-12-01 $194,925 (-1.4%) $253,968 (-3.9%) 0.64 456
2020-01-01 $192,950 (-2.5%) $254,453 (-3.9%) 0.64 427
2020-02-01 $195,450 (-2.2%) $258,809 (-4.4%) 0.64 428
2020-03-01 $199,575 (-0.2%) $264,824 (-2.9%) 0.62 396
2020-04-01 $199,250 (-0.3%) $264,075 (-3.7%) 0.62 405
2020-05-01 $216,000 (8.1%) $277,744 (-0.8%) 0.65 368
2020-06-01 $224,575 (12.3%) $278,789 (-0.4%) 0.65 355
2020-07-01 $238,075 (13.4%) $282,918 (1.8%) 0.69 323
2020-08-01 $258,500 (31.8%) $301,219 (10.9%) 0.73 284
2020-09-01 $259,450 (36.3%) $308,382 (17.1%) 0.72 288
2020-10-01 $239,450 (28.3%) $316,503 (23.0%) 0.68 302
2020-11-01 $239,000 (27.3%) $321,322 (27.3%) 0.68 285
2020-12-01 $239,350 (22.8%) $336,851 (32.6%) 0.70 261
2021-01-01 $232,000 (20.2%) $351,569 (38.2%) 0.69 227
2021-02-01 $239,315 (22.4%) $357,525 (38.1%) 0.67 210
2021-03-01 $242,900 (21.7%) $365,711 (38.1%) 0.68 202
2021-04-01 $249,700 (25.3%) $390,477 (47.9%) 0.67 186
2021-05-01 $270,950 (25.4%) $416,547 (50.0%) 0.71 189
2021-06-01 $275,950 (22.9%) $429,606 (54.1%) 0.71 172
2021-07-01 $239,900 (0.8%) $385,460 (36.2%) 0.63 197
2021-08-01 $239,200 (-7.5%) $350,306 (16.3%) 0.63 235
2021-09-01 $241,950 (-6.8%) $346,532 (12.4%) 0.63 232
2021-10-01 $228,000 (-4.8%) $324,038 (2.4%) 0.60 225
2021-11-01 $228,450 (-4.4%) $316,601 (-1.5%) 0.60 225
2021-12-01 $221,500 (-7.5%) $316,687 (-6.0%) 0.56 204
2022-01-01 $232,500 (0.2%) $358,284 (1.9%) 0.61 167
2022-02-01 $241,700 (1.0%) $406,155 (13.6%) 0.62 134
2022-03-01 $251,000 (3.3%) $402,538 (10.1%) 0.62 138
2022-04-01 $295,000 (18.1%) $418,439 (7.2%) 0.70 138
2022-05-01 $299,900 (10.7%) $411,556 (-1.2%) 0.69 186
2022-06-01 $298,250 (8.1%) $387,985 (-9.7%) 0.67 212
2022-07-01 $295,000 (23.0%) $360,777 (-6.4%) 0.66 261
2022-08-01 $281,075 (17.5%) $326,995 (-6.7%) 0.65 279
2022-09-01 $284,500 (17.6%) $341,714 (-1.4%) 0.65 258
2022-10-01 $299,900 (31.5%) $353,754 (9.2%) 0.70 259
2022-11-01 $298,175 (30.5%) $347,033 (9.6%) 0.70 258
2022-12-01 $289,900 (30.9%) $343,419 (8.4%) 0.69 279
2023-01-01 $289,500 (24.5%) $338,592 (-5.5%) 0.70 267
2023-02-01 $299,225 (23.8%) $365,888 (-9.9%) 0.72 251
2023-03-01 $297,975 (18.7%) $348,793 (-13.4%) 0.70 234
2023-04-01 $290,000 (-1.7%) $356,210 (-14.9%) 0.67 242
2023-05-01 $292,350 (-2.5%) $376,806 (-8.4%) 0.66 242
2023-06-01 $299,900 (0.6%) $374,879 (-3.4%) 0.67 274
2023-07-01 $299,450 (1.5%) $371,940 (3.1%) 0.67 292
2023-08-01 $298,625 (6.2%) $371,282 (13.5%) 0.68 286
2023-09-01 $289,900 (1.9%) $359,297 (5.2%) 0.67 305
2023-10-01 $285,000 (-5.0%) $355,587 (0.5%) 0.67 324
2023-11-01 $282,500 (-5.3%) $374,512 (7.9%) 0.67 346
2023-12-01 $274,900 (-5.2%) $377,406 (9.9%) 0.67 350
2024-01-01 $284,475 (-1.7%) $387,113 (14.3%) 0.69 341
2024-02-01 $291,950 (-2.4%) $387,957 (6.0%) 0.70 335
2024-03-01 $300,000 (0.7%) $403,690 (15.7%) 0.70 339
2024-04-01 $321,400 (10.8%) $398,542 (11.9%) 0.73 363
2024-05-01 $310,700 (6.3%) $384,397 (2.0%) 0.68 396
2024-06-01 $314,950 (5.0%) $387,100 (3.3%) 0.69 405
2024-07-01 $317,400 (6.0%) $394,239 (6.0%) 0.71 412
2024-08-01 $316,495 (6.0%) $397,978 (7.2%) 0.72 448
2024-09-01 $319,995 (10.4%) $412,700 (14.9%) 0.73 461
2024-10-01 $319,900 (12.3%) $407,018 (14.5%) 0.71 461
2024-11-01 $314,900 (11.5%) $397,072 (6.0%) 0.72 454
2024-12-01 $309,900 (12.7%) $403,618 (7.0%) 0.75 431
2025-01-01 $306,250 (7.7%) $410,123 (5.9%) 0.00 403
Hattiesburg's median listing price for 2025-01-01 was $306,250, a difference of $21,775 (7.7%) versus the prior year and $-3,650 versus the prior month.

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

Hattiesburg's average listing price for 2025-01-01 was $410,123, a difference of $23,010 (5.9%) versus the prior year and $6,505 versus the prior month.

For the 2025-01-01 period, Hattiesburg had 403 MLS listings, a difference of -28 listings (-6%) versus the prior month and 62 listings (18%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Hattiesburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 95 days 1,985 sqft
2018-02-01 88 days 2,020 sqft
2018-03-01 61 days 2,103 sqft
2018-04-01 59 days 2,127 sqft
2018-05-01 68 days 2,158 sqft
2018-06-01 72 days 2,188 sqft
2018-07-01 71 days 2,154 sqft
2018-08-01 75 days 2,115 sqft
2018-09-01 78 days 2,059 sqft
2018-10-01 81 days 2,066 sqft
2018-11-01 83 days 2,077 sqft
2018-12-01 95 days 2,072 sqft
2019-01-01 92 days 2,033 sqft
2019-02-01 91 days 2,016 sqft
2019-03-01 73 days 2,057 sqft
2019-04-01 61 days 2,103 sqft
2019-05-01 62 days 2,138 sqft
2019-06-01 64 days 2,147 sqft
2019-07-01 66 days 2,166 sqft
2019-08-01 68 days 2,142 sqft
2019-09-01 68 days 2,070 sqft
2019-10-01 71 days 2,021 sqft
2019-11-01 75 days 2,010 sqft
2019-12-01 81 days 1,977 sqft
2020-01-01 80 days 1,979 sqft
2020-02-01 78 days 1,953 sqft
2020-03-01 62 days 1,993 sqft
2020-04-01 64 days 1,978 sqft
2020-05-01 67 days 2,032 sqft
2020-06-01 68 days 2,054 sqft
2020-07-01 64 days 2,053 sqft
2020-08-01 57 days 2,211 sqft
2020-09-01 56 days 2,187 sqft
2020-10-01 52 days 2,132 sqft
2020-11-01 59 days 2,162 sqft
2020-12-01 66 days 2,094 sqft
2021-01-01 69 days 2,061 sqft
2021-02-01 54 days 2,083 sqft
2021-03-01 46 days 2,065 sqft
2021-04-01 44 days 2,174 sqft
2021-05-01 43 days 2,244 sqft
2021-06-01 44 days 2,368 sqft
2021-07-01 37 days 2,136 sqft
2021-08-01 37 days 2,021 sqft
2021-09-01 45 days 1,980 sqft
2021-10-01 50 days 1,906 sqft
2021-11-01 55 days 1,905 sqft
2021-12-01 60 days 1,767 sqft
2022-01-01 64 days 1,823 sqft
2022-02-01 62 days 2,024 sqft
2022-03-01 33 days 2,151 sqft
2022-04-01 35 days 2,183 sqft
2022-05-01 25 days 2,158 sqft
2022-06-01 32 days 2,093 sqft
2022-07-01 34 days 2,100 sqft
2022-08-01 48 days 2,058 sqft
2022-09-01 58 days 2,177 sqft
2022-10-01 58 days 2,191 sqft
2022-11-01 62 days 2,171 sqft
2022-12-01 64 days 2,102 sqft
2023-01-01 65 days 2,110 sqft
2023-02-01 66 days 2,184 sqft
2023-03-01 53 days 2,147 sqft
2023-04-01 46 days 2,074 sqft
2023-05-01 44 days 2,029 sqft
2023-06-01 41 days 2,058 sqft
2023-07-01 50 days 2,056 sqft
2023-08-01 58 days 2,088 sqft
2023-09-01 51 days 2,011 sqft
2023-10-01 52 days 2,002 sqft
2023-11-01 56 days 2,010 sqft
2023-12-01 61 days 1,928 sqft
2024-01-01 67 days 1,931 sqft
2024-02-01 63 days 1,992 sqft
2024-03-01 49 days 2,040 sqft
2024-04-01 46 days 2,120 sqft
2024-05-01 43 days 2,049 sqft
2024-06-01 54 days 2,029 sqft
2024-07-01 58 days 2,063 sqft
2024-08-01 58 days 2,047 sqft
2024-09-01 63 days 2,110 sqft
2024-10-01 68 days 2,078 sqft
2024-11-01 72 days 2,054 sqft
2024-12-01 79 days 2,076 sqft
2025-01-01 0 days 2,066 sqft
Hattiesburg'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.

Hattiesburg's median square footage for active listings during the 2025-01-01 period was 2,066 sqft. One year prior, the average listing was 1,931 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.