Henderson VA Loan Rates, Closing Costs & Stats

Henderson, NC

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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.

    Henderson's 18 lenders originated 29 VA loans during 2023. The total origination value was $7,735,000, with an average VA loan value of $266,724.

    Henderson VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Henderson averaged 6.81% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Henderson's average VA mortgage closing costs are $5,232.

    The average rate for the prior week (2024-04-12) was 6.84% and one month ago for the week of 2024-03-15, the average rate was 6.8%.

    The average rate one year ago was 6.39%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.66%.

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

    Henderson 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 Henderson level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 6 7.14% $3,235
    QUICKEN LOANS, LLC 4 5.96% $8,659
    CROSSCOUNTRY MORTGAGE, LLC 1 6.19% $14,016
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $8,277
    GUARANTEED RATE, INC. 1 5.75% $65
    HOMESIDE FINANCIAL, LLC 1 6.38% $4,264
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $625
    MOVEMENT MORTGAGE, LLC 1 6.25% $5,082
    NEWREZ LLC 1 6.75% $7,760
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $13,080
    SFMC, LP 1 6.13% $12,767
    Truist 1 6.63% $10,603
    UNION HOME MORTGAGE CORP. 1 7.63% $5,357
    UNITED WHOLESALE MORTGAGE, LLC 1 6.12% $22,400
    USAA Federal Savings Bank 1 6.50% $3,711
    Barrington Bank & Trust Company, N.A. 1 6.75% $7,608
    U.S. Bank 1 6.13% $16,689
    CARDINAL FINANCIAL 1 7.63% $13,336

    The top Henderson VA lender as defined by loan originations is Mortgage Research Center, LLC, with 6 VA loans originated. Their average total fees are $3,235, which is $5,423 lower than the next largest lender, QUICKEN LOANS, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Henderson (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 $180,495 (40.3%) $204,240 (17.4%) 0.00 72
    2018-02-01 $173,993 (17.6%) $204,679 (19.2%) 0.00 71
    2018-03-01 $149,900 (-0.6%) $195,859 (3.6%) 0.00 78
    2018-04-01 $177,150 (18.1%) $200,655 (4.7%) 0.00 78
    2018-05-01 $159,925 (2.4%) $190,599 (1.3%) 0.00 77
    2018-06-01 $169,000 (5.8%) $197,254 (0.2%) 0.00 73
    2018-07-01 $170,700 (-0.8%) $239,677 (17.1%) 0.00 69
    2018-08-01 $159,675 (0.8%) $236,310 (21.1%) 0.00 65
    2018-09-01 $172,400 (6.4%) $244,861 (24.5%) 0.00 70
    2018-10-01 $184,200 (8.4%) $255,563 (28.7%) 0.00 70
    2018-11-01 $158,725 (-9.8%) $239,134 (18.0%) 0.00 78
    2018-12-01 $129,000 (-29.9%) $201,560 (-3.1%) 0.00 85
    2019-01-01 $116,500 (-35.5%) $168,456 (-17.5%) 0.00 78
    2019-02-01 $126,000 (-27.6%) $170,822 (-16.5%) 0.00 77
    2019-03-01 $136,621 (-8.9%) $180,080 (-8.1%) 0.00 72
    2019-04-01 $149,225 (-15.8%) $186,502 (-7.1%) 0.00 77
    2019-05-01 $149,475 (-6.5%) $191,693 (0.6%) 0.00 72
    2019-06-01 $197,000 (16.6%) $217,856 (10.4%) 0.00 57
    2019-07-01 $198,450 (16.3%) $217,380 (-9.3%) 0.00 56
    2019-08-01 $189,536 (18.7%) $210,349 (-11.0%) 0.00 57
    2019-09-01 $173,991 (0.9%) $201,169 (-17.8%) 0.00 60
    2019-10-01 $153,400 (-16.7%) $190,604 (-25.4%) 0.00 63
    2019-11-01 $159,000 (0.2%) $185,432 (-22.5%) 0.00 70
    2019-12-01 $150,448 (16.6%) $177,770 (-11.8%) 0.00 64
    2020-01-01 $179,000 (53.7%) $214,664 (27.4%) 0.00 46
    2020-02-01 $172,450 (36.9%) $193,388 (13.2%) 0.00 49
    2020-03-01 $153,750 (12.5%) $185,814 (3.2%) 0.00 55
    2020-04-01 $189,553 (27.0%) $194,777 (4.4%) 0.00 60
    2020-05-01 $189,990 (27.1%) $195,948 (2.2%) 0.00 57
    2020-06-01 $172,225 (-12.6%) $203,796 (-6.5%) 0.00 40
    2020-07-01 $197,933 (-0.3%) $218,825 (0.7%) 0.00 39
    2020-08-01 $235,000 (24.0%) $271,041 (28.9%) 0.00 34
    2020-09-01 $244,000 (40.2%) $293,939 (46.1%) 0.00 36
    2020-10-01 $161,500 (5.3%) $276,897 (45.3%) 0.00 35
    2020-11-01 $166,750 (4.9%) $271,825 (46.6%) 0.00 38
    2020-12-01 $159,250 (5.9%) $226,227 (27.3%) 0.00 33
    2021-01-01 $167,500 (-6.4%) $241,832 (12.7%) 0.00 28
    2021-02-01 $160,000 (-7.2%) $222,386 (15.0%) 0.00 27
    2021-03-01 $166,475 (8.3%) $316,724 (70.5%) 0.00 20
    2021-04-01 $229,725 (21.2%) $339,516 (74.3%) 0.00 22
    2021-05-01 $202,400 (6.5%) $283,732 (44.8%) 0.00 24
    2021-06-01 $212,250 (23.2%) $292,077 (43.3%) 0.00 25
    2021-07-01 $175,000 (-11.6%) $289,244 (32.2%) 0.00 32
    2021-08-01 $163,725 (-30.3%) $262,568 (-3.1%) 0.00 49
    2021-09-01 $165,000 (-32.4%) $282,604 (-3.9%) 0.00 48
    2021-10-01 $186,250 (15.3%) $269,061 (-2.8%) 0.00 40
    2021-11-01 $159,975 (-4.1%) $226,142 (-16.8%) 0.00 35
    2021-12-01 $160,000 (0.5%) $264,610 (17.0%) 0.00 31
    2022-01-01 $169,950 (1.5%) $274,730 (13.6%) 0.00 30
    2022-02-01 $158,450 (-1.0%) $242,231 (8.9%) 0.00 25
    2022-03-01 $268,475 (61.3%) $319,880 (1.0%) 0.00 26
    2022-04-01 $289,900 (26.2%) $352,072 (3.7%) 0.00 26
    2022-05-01 $270,000 (33.4%) $328,350 (15.7%) 0.00 34
    2022-06-01 $275,975 (30.0%) $325,080 (11.3%) 0.00 40
    2022-07-01 $282,200 (61.3%) $327,973 (13.4%) 0.00 49
    2022-08-01 $282,200 (72.4%) $331,591 (26.3%) 0.00 56
    2022-09-01 $277,000 (67.9%) $320,670 (13.5%) 0.00 54
    2022-10-01 $270,000 (45.0%) $321,365 (19.4%) 0.00 56
    2022-11-01 $258,675 (61.7%) $305,042 (34.9%) 0.00 55
    2022-12-01 $244,950 (53.1%) $308,570 (16.6%) 0.00 52
    2023-01-01 $275,000 (61.8%) $312,858 (13.9%) 0.00 48
    2023-02-01 $262,500 (65.7%) $296,606 (22.5%) 0.00 52
    2023-03-01 $299,450 (11.5%) $341,061 (6.6%) 0.00 52
    2023-04-01 $325,000 (12.1%) $367,552 (4.4%) 0.00 40
    2023-05-01 $325,000 (20.4%) $371,692 (13.2%) 0.00 40
    2023-06-01 $325,000 (17.8%) $383,532 (18.0%) 0.00 44
    2023-07-01 $315,000 (11.6%) $386,841 (18.0%) 0.00 48
    2023-08-01 $299,725 (6.2%) $358,169 (8.0%) 0.00 55
    2023-09-01 $299,500 (8.1%) $351,961 (9.8%) 0.00 55
    2023-10-01 $295,000 (9.3%) $346,173 (7.7%) 0.00 53
    2023-11-01 $289,000 (11.7%) $323,289 (6.0%) 0.00 53
    2023-12-01 $299,250 (22.2%) $349,452 (13.3%) 0.00 54
    2024-01-01 $282,300 (2.7%) $328,231 (4.9%) 0.00 54
    2024-02-01 $284,500 (8.4%) $324,633 (9.5%) 0.00 56
    2024-03-01 $304,900 (1.8%) $337,181 (-1.1%) 0.00 50
    Henderson's median listing price for 2024-03-01 was $304,900, a difference of $5,450 (1.8%) versus the prior year and $20,400 versus the prior month.

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

    Henderson's average listing price for 2024-03-01 was $337,181, a difference of $-3,880 (-1.1%) versus the prior year and $12,548 versus the prior month.

    For the 2024-03-01 period, Henderson had 50 MLS listings, a difference of -6 listings (-11%) versus the prior month and -2 listings (-4%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Henderson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,933 sqft
    2018-02-01 0 days 1,897 sqft
    2018-03-01 0 days 1,800 sqft
    2018-04-01 0 days 1,782 sqft
    2018-05-01 0 days 1,783 sqft
    2018-06-01 0 days 1,805 sqft
    2018-07-01 0 days 1,860 sqft
    2018-08-01 0 days 1,808 sqft
    2018-09-01 0 days 1,820 sqft
    2018-10-01 0 days 1,819 sqft
    2018-11-01 0 days 1,771 sqft
    2018-12-01 0 days 1,532 sqft
    2019-01-01 0 days 1,396 sqft
    2019-02-01 0 days 1,511 sqft
    2019-03-01 0 days 1,539 sqft
    2019-04-01 0 days 1,575 sqft
    2019-05-01 0 days 1,616 sqft
    2019-06-01 0 days 1,760 sqft
    2019-07-01 0 days 1,809 sqft
    2019-08-01 0 days 1,782 sqft
    2019-09-01 0 days 1,736 sqft
    2019-10-01 0 days 1,673 sqft
    2019-11-01 0 days 1,569 sqft
    2019-12-01 0 days 1,469 sqft
    2020-01-01 0 days 1,757 sqft
    2020-02-01 0 days 1,813 sqft
    2020-03-01 0 days 1,847 sqft
    2020-04-01 0 days 1,922 sqft
    2020-05-01 0 days 1,814 sqft
    2020-06-01 0 days 1,810 sqft
    2020-07-01 0 days 1,854 sqft
    2020-08-01 0 days 1,854 sqft
    2020-09-01 0 days 1,761 sqft
    2020-10-01 0 days 1,850 sqft
    2020-11-01 0 days 1,781 sqft
    2020-12-01 0 days 1,641 sqft
    2021-01-01 0 days 1,617 sqft
    2021-02-01 0 days 1,544 sqft
    2021-03-01 0 days 1,757 sqft
    2021-04-01 0 days 2,022 sqft
    2021-05-01 0 days 1,721 sqft
    2021-06-01 0 days 1,794 sqft
    2021-07-01 0 days 1,740 sqft
    2021-08-01 0 days 1,576 sqft
    2021-09-01 0 days 1,502 sqft
    2021-10-01 0 days 1,456 sqft
    2021-11-01 0 days 1,456 sqft
    2021-12-01 0 days 1,608 sqft
    2022-01-01 0 days 1,396 sqft
    2022-02-01 0 days 1,307 sqft
    2022-03-01 0 days 1,602 sqft
    2022-04-01 0 days 1,665 sqft
    2022-05-01 0 days 1,665 sqft
    2022-06-01 0 days 1,672 sqft
    2022-07-01 0 days 1,667 sqft
    2022-08-01 0 days 1,736 sqft
    2022-09-01 0 days 1,730 sqft
    2022-10-01 0 days 1,660 sqft
    2022-11-01 0 days 1,658 sqft
    2022-12-01 0 days 1,568 sqft
    2023-01-01 0 days 1,650 sqft
    2023-02-01 0 days 1,669 sqft
    2023-03-01 0 days 1,735 sqft
    2023-04-01 0 days 1,738 sqft
    2023-05-01 0 days 1,738 sqft
    2023-06-01 0 days 1,751 sqft
    2023-07-01 0 days 1,740 sqft
    2023-08-01 0 days 1,738 sqft
    2023-09-01 0 days 1,612 sqft
    2023-10-01 0 days 1,717 sqft
    2023-11-01 0 days 1,520 sqft
    2023-12-01 0 days 1,618 sqft
    2024-01-01 0 days 1,607 sqft
    2024-02-01 0 days 1,610 sqft
    2024-03-01 0 days 1,694 sqft
    Henderson's median listing age (time on market) for 2024-03-01 was 0 days.

    Henderson's median square footage for active listings during the 2024-03-01 period was 1,694 sqft. One year prior, the average listing was 1,735 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.