Hinesville VA Loan Rates, Closing Costs & Stats

HINESVILLE, GA

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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.

    Hinesville's 92 lenders originated 1,482 VA loans during 2023. The total origination value was $387,390,000, with an average VA loan value of $261,397.

    Hinesville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Hinesville averaged 6.67% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Hinesville's average VA mortgage closing costs are $5,740.

    The average rate for the prior week (2024-04-12) was 6.9% and one month ago for the week of 2024-03-15, the average rate was 6.66%.

    The average rate one year ago was 6.35%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.57%.

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

    Hinesville 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 Hinesville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 380 6.75% $6,890
    UNITED WHOLESALE MORTGAGE, LLC 117 6.37% $7,510
    VANDERBILT MORTGAGE AND FINANCE, INC. 103 6.13% $6,847
    BROKER SOLUTIONS, INC. 103 6.39% $9,195
    NAVY FEDERAL CREDIT UNION 98 5.89% $6,613
    QUICKEN LOANS, LLC 55 6.26% $9,589
    MORTGAGE SOLUTIONS OF COLORADO, LLC 54 7.33% $6,062
    SWBC MORTGAGE CORPORATION 46 6.84% $6,662
    GUARANTEED RATE, INC. 39 6.40% $6,847
    PENNYMAC LOAN SERVICES, LLC 34 5.80% $7,024
    FREEDOM MORTGAGE CORPORATION 32 6.80% $11,067
    Flagstar Bank, FSB 25 6.76% $8,228
    CARDINAL FINANCIAL 22 6.79% $8,812
    GUILD MORTGAGE COMPANY 21 6.55% $10,288
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 20 6.66% $7,299
    The Federal Savings Bank 19 6.44% $11,476
    NEW DAY FINANCIAL, LLC 19 7.50% $10,848
    Ameris Bank 16 6.09% $11,026
    USAA Federal Savings Bank 15 6.08% $9,954
    MOVEMENT MORTGAGE, LLC 15 6.50% $8,632
    Equity Prime Mortgage LLC 14 7.01% $6,326
    BANKSOUTH MORTGAGE COMPANY, LLC 11 6.17% $11,761
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 10 6.69% $8,719
    VILLAGE CAPITAL MORTGAGE 10 6.75% $7,595
    Citizens Bank 8 6.88% $7,408
    LOANDEPOT.COM, LLC 7 6.43% $11,458
    AMERICAN PACIFIC MORTGAGE CORPORATION 6 6.58% $11,933
    PENTAGON FEDERAL CREDIT UNION 6 5.63% $10,396
    HOMEBRIDGE FINANCIAL SERVICES, INC. 5 6.67% $5,194
    Paramount Residential Mortgage Group, Inc. 5 6.65% $8,016
    Mr. Cooper ( Nationstar Mortgage ) 5 6.00% $14,809
    CANOPY MORTGAGE, LLC 5 6.93% $12,996
    OCMBC, INC. 5 6.90% $9,762
    Magnolia Bank 5 6.40% $10,799
    Plains Commerce Bank 4 6.16% $9,142
    Prosperity Home Mortgage, LLC 4 6.53% $11,006
    SOUTHPOINT FINANCIAL SERVICES, INC. 4 7.25% $7,547
    CROSSCOUNTRY MORTGAGE, LLC 3 6.60% $8,355
    AMERISAVE MORTGAGE CORPORATION 3 5.42% $14,148
    CMG MORTGAGE, INC. 3 6.42% $7,692
    AMERICAN FINANCIAL NETWORK, INC. 3 7.25% $9,442
    NBKC BANK 3 6.29% $9,002
    CONTOUR MORTGAGE CORPORATION 2 6.00% $11,881
    Northpointe Bank 2 6.19% $7,144
    Renasant Bank 2 6.19% $11,077
    HomePromise Corporation 2 6.38% $13,039
    SeaTrust Mortgage Company 2 6.69% $6,955
    NBH Bank 2 7.44% $3,145
    FIRST COMMUNITY MORTGAGE, INC. 2 6.81% $14,548
    South State Bank 2 5.88% $6,850
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.56% $13,286
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.56% $8,700
    GUARANTEED RATE AFFINITY, LLC 2 7.14% $7,220
    NEWREZ LLC 2 6.50% $10,464
    Mid-Continent Funding, Inc. 2 6.13% $9,369
    PLANET HOME LENDING, LLC 2 5.93% $10,918
    TOWNE MORTGAGE COMPANY 2 6.94% $9,383
    AXIA FINANCIAL, LLC 2 7.00% $5,276
    Armed Forces Bank 2 6.88% $9,972
    PLAZA HOME MORTGAGE, INC. 2 6.94% $8,980
    MUTUAL OF OMAHA MORTGAGE, INC. 2 7.00% $13,197
    Lakeview Community Capital, LLC 2 6.13% $5,981
    RESOURCE FINANCIAL SERVICES, INC. 1 6.75% $16,083
    CityWorth Mortgage LLC 1 5.75% $19,373
    Century Mortgage Company DBA Century Lending Company 1 5.99% $6,067
    Stifel Bank and Trust 1 7.13% $7,270
    SUN WEST MORTGAGE COMPANY, INC. 1 5.25% $15,430
    BNC National Bank 1 5.75% $3,505
    Barrington Bank & Trust Company, N.A. 1 6.75% $3,255
    The Huntington National Bank 1 7.00% $6,819
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.38% $9,452
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $10,659
    JPMorgan Chase Bank 1 6.99% $5,723
    LAKEVIEW LOAN SERVICING, LLC 1 6.75% $4,737
    HOMESTAR FINANCIAL CORPORATION 1 7.25% $3,049
    LOANPAL, LLC 1 7.00% $9,268
    HOMESPIRE MORTGAGE CORPORATION 1 7.25% $14,015
    MILEND, INC. 1 6.63% $17,110
    GMFS LLC 1 6.13% $650
    Gateway First Bank 1 6.75% $7,737
    Wyndham Capital Mortgage, Inc. 1 5.25% $1,770
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 6.25% $8,234
    NFM, INC. 1 7.38% $3,359
    North American Savings Bank, F.S.B. 1 5.88% $3,489
    First Federal Bank 1 6.75% $15,311
    Old National Bank 1 5.25% $3,657
    EMBRACE HOME LOANS, INC. 1 6.25% $4,583
    CREDIT UNION FINANCIAL SERVICES, LLC 1 6.13% $7,907
    PHH Mortgage Corporation 1 7.13% $4,035
    Cornerstone First Mortgage, Inc 1 6.50% $14,256
    PREMIA MORTGAGE, LLC 1 5.63% $4,114
    Community First National Bank 1 6.13% $9,928

    The top Hinesville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 380 VA loans originated. Their average total fees are $6,890, which is $620 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Hinesville VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($6,062), Equity Prime Mortgage LLC ($6,326), NAVY FEDERAL CREDIT UNION ($6,613), SWBC MORTGAGE CORPORATION ($6,662) and VANDERBILT MORTGAGE AND FINANCE, INC. ($6,847).

    The lowest rate Hinesville VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.80%), NAVY FEDERAL CREDIT UNION (5.89%), USAA Federal Savings Bank (6.08%), Ameris Bank (6.09%) and VANDERBILT MORTGAGE AND FINANCE, INC. (6.13%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Hinesville (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 $162,500 (8.4%) $181,264 (13.2%) 0.00 419
    2018-02-01 $160,000 (5.9%) $174,249 (6.0%) 0.00 433
    2018-03-01 $164,900 (7.3%) $174,040 (4.6%) 0.00 478
    2018-04-01 $164,900 (6.5%) $174,739 (5.5%) 0.00 481
    2018-05-01 $162,400 (3.9%) $174,558 (4.4%) 0.00 482
    2018-06-01 $164,500 (5.8%) $178,160 (5.5%) 0.00 468
    2018-07-01 $169,900 (6.2%) $197,012 (13.7%) 0.00 506
    2018-08-01 $169,275 (4.2%) $197,850 (12.4%) 0.00 489
    2018-09-01 $170,000 (6.3%) $199,431 (10.8%) 0.00 490
    2018-10-01 $172,000 (8.4%) $201,864 (13.6%) 0.00 500
    2018-11-01 $174,425 (7.7%) $204,500 (13.2%) 0.00 481
    2018-12-01 $167,775 (2.3%) $200,260 (9.8%) 0.00 491
    2019-01-01 $168,673 (3.8%) $200,367 (10.5%) 0.00 488
    2019-02-01 $165,998 (3.8%) $198,046 (13.7%) 0.00 499
    2019-03-01 $166,811 (1.2%) $196,720 (13.0%) 0.00 494
    2019-04-01 $165,189 (0.2%) $195,033 (11.6%) 0.00 487
    2019-05-01 $165,700 (2.0%) $196,022 (12.3%) 0.00 487
    2019-06-01 $163,450 (-0.6%) $193,785 (8.8%) 0.00 482
    2019-07-01 $159,945 (-5.9%) $190,992 (-3.1%) 0.00 478
    2019-08-01 $160,282 (-5.3%) $191,034 (-3.5%) 0.00 463
    2019-09-01 $160,855 (-5.4%) $193,567 (-2.9%) 0.00 451
    2019-10-01 $163,100 (-5.2%) $195,430 (-3.2%) 0.00 444
    2019-11-01 $170,925 (-2.0%) $204,397 (-0.1%) 0.00 452
    2019-12-01 $173,825 (3.6%) $204,796 (2.3%) 0.00 455
    2020-01-01 $177,381 (5.2%) $208,115 (3.9%) 0.00 426
    2020-02-01 $181,325 (9.2%) $215,837 (9.0%) 0.00 418
    2020-03-01 $179,933 (7.9%) $218,075 (10.9%) 0.00 417
    2020-04-01 $183,475 (11.1%) $219,891 (12.8%) 0.00 397
    2020-05-01 $185,813 (12.1%) $222,132 (13.3%) 0.00 361
    2020-06-01 $184,728 (13.0%) $223,317 (15.2%) 0.00 320
    2020-07-01 $188,875 (18.1%) $210,002 (10.0%) 0.00 320
    2020-08-01 $189,900 (18.5%) $210,270 (10.1%) 0.00 290
    2020-09-01 $189,950 (18.1%) $212,323 (9.7%) 0.00 269
    2020-10-01 $193,990 (18.9%) $212,363 (8.7%) 0.00 246
    2020-11-01 $195,348 (14.3%) $210,465 (3.0%) 0.00 252
    2020-12-01 $198,350 (14.1%) $211,618 (3.3%) 0.00 251
    2021-01-01 $199,691 (12.6%) $213,276 (2.5%) 0.00 250
    2021-02-01 $210,448 (16.1%) $223,265 (3.4%) 0.00 237
    2021-03-01 $207,400 (15.3%) $234,052 (7.3%) 0.00 176
    2021-04-01 $234,700 (27.9%) $268,794 (22.2%) 0.00 147
    2021-05-01 $239,500 (28.9%) $269,099 (21.1%) 0.00 141
    2021-06-01 $239,694 (29.8%) $268,092 (20.1%) 0.00 140
    2021-07-01 $240,050 (27.1%) $269,767 (28.5%) 0.00 138
    2021-08-01 $249,972 (31.6%) $268,338 (27.6%) 0.00 141
    2021-09-01 $248,236 (30.7%) $281,722 (32.7%) 0.00 140
    2021-10-01 $250,000 (28.9%) $281,962 (32.8%) 0.00 169
    2021-11-01 $254,190 (30.1%) $289,125 (37.4%) 0.00 140
    2021-12-01 $285,837 (44.1%) $309,034 (46.0%) 0.00 149
    2022-01-01 $275,837 (38.1%) $296,249 (38.9%) 0.00 112
    2022-02-01 $274,057 (30.2%) $301,774 (35.2%) 0.00 84
    2022-03-01 $281,788 (35.9%) $298,385 (27.5%) 0.00 104
    2022-04-01 $267,940 (14.2%) $295,255 (9.8%) 0.00 113
    2022-05-01 $275,749 (15.1%) $291,287 (8.3%) 0.00 179
    2022-06-01 $275,448 (14.9%) $295,823 (10.3%) 0.00 214
    2022-07-01 $275,995 (15.0%) $299,840 (11.2%) 0.00 223
    2022-08-01 $270,371 (8.2%) $290,352 (8.2%) 0.00 245
    2022-09-01 $271,500 (9.4%) $291,408 (3.4%) 0.00 234
    2022-10-01 $268,100 (7.2%) $286,921 (1.8%) 0.00 247
    2022-11-01 $268,431 (5.6%) $292,389 (1.1%) 0.00 260
    2022-12-01 $268,300 (-6.1%) $289,853 (-6.2%) 0.00 267
    2023-01-01 $268,838 (-2.5%) $290,867 (-1.8%) 0.00 254
    2023-02-01 $271,125 (-1.1%) $296,468 (-1.8%) 0.00 254
    2023-03-01 $270,125 (-4.1%) $296,931 (-0.5%) 0.00 249
    2023-04-01 $274,900 (2.6%) $300,145 (1.7%) 0.00 228
    2023-05-01 $277,350 (0.6%) $305,715 (5.0%) 0.00 228
    2023-06-01 $279,813 (1.6%) $306,278 (3.5%) 0.00 228
    2023-07-01 $282,900 (2.5%) $314,750 (5.0%) 0.00 240
    2023-08-01 $279,813 (3.5%) $302,517 (4.2%) 0.00 260
    2023-09-01 $283,525 (4.4%) $305,964 (5.0%) 0.00 325
    2023-10-01 $285,180 (6.4%) $309,721 (8.0%) 0.00 360
    2023-11-01 $284,975 (6.2%) $311,332 (6.5%) 0.00 379
    2023-12-01 $283,663 (5.7%) $315,886 (9.0%) 0.00 369
    2024-01-01 $279,999 (4.2%) $315,941 (8.6%) 0.00 357
    2024-02-01 $277,500 (2.4%) $309,770 (4.5%) 0.00 370
    2024-03-01 $282,000 (4.4%) $311,839 (5.0%) 0.00 339
    Hinesville's median listing price for 2024-03-01 was $282,000, a difference of $11,875 (4.4%) versus the prior year and $4,500 versus the prior month.

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

    Hinesville's average listing price for 2024-03-01 was $311,839, a difference of $14,908 (5.0%) versus the prior year and $2,069 versus the prior month.

    For the 2024-03-01 period, Hinesville had 339 MLS listings, a difference of -31 listings (-8%) versus the prior month and 90 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Hinesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,761 sqft
    2018-02-01 0 days 1,729 sqft
    2018-03-01 0 days 1,768 sqft
    2018-04-01 0 days 1,755 sqft
    2018-05-01 0 days 1,713 sqft
    2018-06-01 0 days 1,749 sqft
    2018-07-01 0 days 1,797 sqft
    2018-08-01 0 days 1,801 sqft
    2018-09-01 0 days 1,848 sqft
    2018-10-01 0 days 1,872 sqft
    2018-11-01 0 days 1,900 sqft
    2018-12-01 0 days 1,862 sqft
    2019-01-01 0 days 1,852 sqft
    2019-02-01 0 days 1,807 sqft
    2019-03-01 0 days 1,810 sqft
    2019-04-01 0 days 1,802 sqft
    2019-05-01 0 days 1,801 sqft
    2019-06-01 0 days 1,792 sqft
    2019-07-01 0 days 1,681 sqft
    2019-08-01 0 days 1,702 sqft
    2019-09-01 0 days 1,743 sqft
    2019-10-01 0 days 1,774 sqft
    2019-11-01 0 days 1,799 sqft
    2019-12-01 0 days 1,801 sqft
    2020-01-01 0 days 1,796 sqft
    2020-02-01 0 days 1,855 sqft
    2020-03-01 0 days 1,827 sqft
    2020-04-01 0 days 1,817 sqft
    2020-05-01 0 days 1,894 sqft
    2020-06-01 0 days 1,803 sqft
    2020-07-01 0 days 1,860 sqft
    2020-08-01 0 days 1,831 sqft
    2020-09-01 0 days 1,874 sqft
    2020-10-01 0 days 1,902 sqft
    2020-11-01 0 days 1,874 sqft
    2020-12-01 0 days 1,882 sqft
    2021-01-01 0 days 1,866 sqft
    2021-02-01 0 days 1,893 sqft
    2021-03-01 0 days 1,822 sqft
    2021-04-01 0 days 2,049 sqft
    2021-05-01 0 days 2,030 sqft
    2021-06-01 0 days 2,049 sqft
    2021-07-01 0 days 2,002 sqft
    2021-08-01 0 days 1,997 sqft
    2021-09-01 0 days 1,958 sqft
    2021-10-01 0 days 2,002 sqft
    2021-11-01 0 days 1,981 sqft
    2021-12-01 0 days 2,155 sqft
    2022-01-01 0 days 2,133 sqft
    2022-02-01 0 days 2,125 sqft
    2022-03-01 0 days 1,987 sqft
    2022-04-01 0 days 1,810 sqft
    2022-05-01 0 days 1,918 sqft
    2022-06-01 0 days 1,975 sqft
    2022-07-01 0 days 1,971 sqft
    2022-08-01 0 days 1,899 sqft
    2022-09-01 0 days 1,891 sqft
    2022-10-01 0 days 1,869 sqft
    2022-11-01 0 days 1,928 sqft
    2022-12-01 0 days 1,900 sqft
    2023-01-01 0 days 1,866 sqft
    2023-02-01 0 days 1,893 sqft
    2023-03-01 0 days 1,868 sqft
    2023-04-01 0 days 1,960 sqft
    2023-05-01 0 days 1,929 sqft
    2023-06-01 0 days 1,924 sqft
    2023-07-01 0 days 1,937 sqft
    2023-08-01 0 days 1,929 sqft
    2023-09-01 0 days 1,926 sqft
    2023-10-01 0 days 1,925 sqft
    2023-11-01 0 days 1,923 sqft
    2023-12-01 0 days 1,925 sqft
    2024-01-01 0 days 1,882 sqft
    2024-02-01 0 days 1,836 sqft
    2024-03-01 0 days 1,920 sqft
    Hinesville's median listing age (time on market) for 2024-03-01 was 0 days.

    Hinesville's median square footage for active listings during the 2024-03-01 period was 1,920 sqft. One year prior, the average listing was 1,868 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.