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 6.25% for the week of 2024-11-08, compared to the national average (all VA variants) of 6.34% for the same period.

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

    The average rate for the prior week (2024-11-01) was 6.6% and one month ago for the week of 2024-10-04, the average rate was 5.83%.

    The average rate one year ago was 7.49%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.15%.

    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%).

    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.