Jacksonville VA Loan Rates, Closing Costs & Stats

Jacksonville, IL

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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.

    Jacksonville's 12 lenders originated 27 VA loans during 2024. The total origination value was $5,365,000, with an average VA loan value of $198,704.

    Jacksonville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Jacksonville averaged 6.87% for the week of 2025-07-11, compared to the national average (all VA variants) of 6.37% for the same period.

    Jacksonville's average VA mortgage closing costs are $4,106.

    The average rate for the prior week (2025-07-04) was 6.88% and one month ago for the week of 2025-06-06, the average rate was 6.75%.

    The average rate one year ago was 6.98%.

    For refis of the same type during the week of 2025-07-11, the average rate was 6.17%.

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

    Jacksonville 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 Jacksonville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 13 6.61% $3,867
    USAA Federal Savings Bank 2 5.94% $5,941
    BROKER SOLUTIONS, INC. 2 7.00% $6,615
    INB 1 6.13% $14,623
    NAVY FEDERAL CREDIT UNION 1 5.38% $4,262
    NEWREZ LLC 1 6.25% $5,486
    PNC Bank 1 6.88% $5,439
    QUICKEN LOANS, LLC 1 6.99% $5,252
    UNITED WHOLESALE MORTGAGE, LLC 1 5.61% $2,033
    U.S. Bank 1 6.13% $14,309
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.63% $17,295
    FREEDOM MORTGAGE CORPORATION 1 7.88% $2,244

    The top Jacksonville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 13 VA loans originated. Their average total fees are $3,867, which is $2,074 lower than the next largest lender, USAA Federal Savings Bank.

    The lowest fee Jacksonville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,867), .

    The lowest rate Jacksonville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.61%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Jacksonville (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 $119,900 (11.0%) $136,808 (3.8%) 0.00 123
    2018-02-01 $119,900 (11.7%) $137,540 (6.7%) 0.00 125
    2018-03-01 $120,000 (0.1%) $144,230 (5.0%) 0.00 137
    2018-04-01 $130,425 (8.8%) $151,039 (10.4%) 0.00 146
    2018-05-01 $128,450 (7.9%) $145,261 (8.9%) 0.00 156
    2018-06-01 $124,900 (4.2%) $143,089 (5.4%) 0.00 159
    2018-07-01 $124,900 (4.2%) $141,265 (4.9%) 0.00 160
    2018-08-01 $126,125 (5.2%) $142,315 (6.4%) 0.00 158
    2018-09-01 $124,900 (4.2%) $135,513 (-0.8%) 0.00 153
    2018-10-01 $120,050 (-1.4%) $135,898 (-3.3%) 0.00 157
    2018-11-01 $116,650 (0.4%) $132,764 (-4.3%) 0.00 152
    2018-12-01 $115,900 (2.2%) $132,680 (1.4%) 0.00 143
    2019-01-01 $116,650 (-2.7%) $132,974 (-2.8%) 0.00 130
    2019-02-01 $118,450 (-1.2%) $135,640 (-1.4%) 0.00 117
    2019-03-01 $122,300 (1.9%) $140,454 (-2.6%) 0.00 114
    2019-04-01 $125,100 (-4.1%) $144,237 (-4.5%) 0.00 115
    2019-05-01 $134,900 (5.0%) $147,993 (1.9%) 0.00 138
    2019-06-01 $134,900 (8.0%) $141,806 (-0.9%) 0.00 172
    2019-07-01 $137,200 (9.9%) $141,653 (0.3%) 0.00 173
    2019-08-01 $136,654 (8.4%) $141,366 (-0.7%) 0.00 171
    2019-09-01 $131,786 (5.5%) $137,917 (1.8%) 0.00 177
    2019-10-01 $123,200 (2.6%) $134,273 (-1.2%) 0.00 181
    2019-11-01 $116,900 (0.2%) $130,458 (-1.7%) 0.00 178
    2019-12-01 $100,925 (-12.9%) $123,275 (-7.1%) 0.00 164
    2020-01-01 $97,950 (-16.0%) $121,707 (-8.5%) 0.00 149
    2020-02-01 $104,900 (-11.4%) $119,369 (-12.0%) 0.00 138
    2020-03-01 $109,900 (-10.1%) $127,705 (-9.1%) 0.00 141
    2020-04-01 $120,950 (-3.3%) $129,672 (-10.1%) 0.00 135
    2020-05-01 $119,900 (-11.1%) $130,719 (-11.7%) 0.00 127
    2020-06-01 $124,550 (-7.7%) $135,106 (-4.7%) 0.00 119
    2020-07-01 $119,900 (-12.6%) $133,819 (-5.5%) 0.00 115
    2020-08-01 $109,900 (-19.6%) $126,505 (-10.5%) 0.00 105
    2020-09-01 $94,000 (-28.7%) $114,583 (-16.9%) 0.00 99
    2020-10-01 $104,900 (-14.9%) $112,468 (-16.2%) 0.00 104
    2020-11-01 $104,900 (-10.3%) $110,482 (-15.3%) 0.00 87
    2020-12-01 $101,150 (0.2%) $111,880 (-9.2%) 0.00 82
    2021-01-01 $87,500 (-10.7%) $114,443 (-6.0%) 0.00 71
    2021-02-01 $86,175 (-17.9%) $112,924 (-5.4%) 0.00 61
    2021-03-01 $79,900 (-27.3%) $103,117 (-19.3%) 0.00 53
    2021-04-01 $72,000 (-40.5%) $99,106 (-23.6%) 0.00 47
    2021-05-01 $80,250 (-33.1%) $124,682 (-4.6%) 0.00 38
    2021-06-01 $77,375 (-37.9%) $127,268 (-5.8%) 0.00 33
    2021-07-01 $69,500 (-42.0%) $110,897 (-17.1%) 0.00 32
    2021-08-01 $82,200 (-25.2%) $120,461 (-4.8%) 0.00 41
    2021-09-01 $90,475 (-3.8%) $125,549 (9.6%) 0.00 40
    2021-10-01 $84,900 (-19.1%) $126,835 (12.8%) 0.00 44
    2021-11-01 $98,425 (-6.2%) $146,079 (32.2%) 0.00 50
    2021-12-01 $101,974 (0.8%) $127,990 (14.4%) 0.00 48
    2022-01-01 $99,900 (14.2%) $127,710 (11.6%) 0.00 30
    2022-02-01 $102,450 (18.9%) $121,199 (7.3%) 0.00 29
    2022-03-01 $89,725 (12.3%) $110,000 (6.7%) 0.00 32
    2022-04-01 $95,700 (32.9%) $118,864 (19.9%) 0.00 33
    2022-05-01 $104,900 (30.7%) $130,849 (5.0%) 0.00 34
    2022-06-01 $125,650 (62.4%) $148,616 (16.8%) 0.00 36
    2022-07-01 $114,900 (65.3%) $149,095 (34.4%) 0.00 45
    2022-08-01 $117,425 (42.9%) $158,037 (31.2%) 0.00 33
    2022-09-01 $130,450 (44.2%) $208,333 (65.9%) 0.00 30
    2022-10-01 $124,900 (47.1%) $169,099 (33.3%) 0.00 39
    2022-11-01 $123,950 (25.9%) $153,768 (5.3%) 0.00 46
    2022-12-01 $137,450 (34.8%) $138,510 (8.2%) 0.00 38
    2023-01-01 $125,000 (25.1%) $132,466 (3.7%) 0.00 31
    2023-02-01 $117,225 (14.4%) $128,744 (6.2%) 0.00 22
    2023-03-01 $128,225 (42.9%) $130,152 (18.3%) 0.00 25
    2023-04-01 $134,450 (40.5%) $154,956 (30.4%) 0.00 23
    2023-05-01 $130,138 (24.1%) $149,475 (14.2%) 0.00 28
    2023-06-01 $133,163 (6.0%) $142,334 (-4.2%) 0.00 29
    2023-07-01 $130,000 (13.1%) $137,638 (-7.7%) 0.00 25
    2023-08-01 $126,088 (7.4%) $149,693 (-5.3%) 0.00 22
    2023-09-01 $134,675 (3.2%) $143,335 (-31.2%) 0.00 34
    2023-10-01 $129,900 (4.0%) $146,903 (-13.1%) 0.00 33
    2023-11-01 $129,900 (4.8%) $155,643 (1.2%) 0.00 37
    2023-12-01 $149,900 (9.1%) $176,498 (27.4%) 0.00 31
    2024-01-01 $156,175 (24.9%) $153,472 (15.9%) 0.00 30
    2024-02-01 $128,675 (9.8%) $142,027 (10.3%) 0.00 27
    2024-03-01 $123,400 (-3.8%) $145,852 (12.1%) 0.00 28
    2024-04-01 $143,650 (6.8%) $219,837 (41.9%) 0.00 28
    2024-05-01 $134,900 (3.7%) $229,349 (53.4%) 0.00 29
    2024-06-01 $139,900 (5.1%) $206,314 (45.0%) 0.00 30
    2024-07-01 $145,500 (11.9%) $197,076 (43.2%) 0.00 37
    2024-08-01 $139,900 (11.0%) $195,711 (30.7%) 0.00 48
    2024-09-01 $147,900 (9.8%) $196,012 (36.8%) 0.00 54
    2024-10-01 $121,500 (-6.5%) $177,478 (20.8%) 0.00 50
    2024-11-01 $137,400 (5.8%) $191,933 (23.3%) 0.00 44
    2024-12-01 $132,400 (-11.7%) $179,302 (1.6%) 0.00 39
    2025-01-01 $139,900 (-10.4%) $165,472 (7.8%) 0.00 34
    2025-02-01 $148,450 (15.4%) $186,780 (31.5%) 0.00 34
    2025-03-01 $144,900 (17.4%) $187,456 (28.5%) 0.00 33
    2025-04-01 $156,925 (9.2%) $198,703 (-9.6%) 0.00 38
    2025-05-01 $125,000 (-7.3%) $186,528 (-18.7%) 0.00 45
    2025-06-01 $149,425 (6.8%) $199,683 (-3.2%) 0.00 49
    Jacksonville's median listing price for 2025-06-01 was $149,425, a difference of $9,525 (6.8%) versus the prior year and $24,425 versus the prior month.

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

    Jacksonville's average listing price for 2025-06-01 was $199,683, a difference of $-6,631 (-3.2%) versus the prior year and $13,155 versus the prior month.

    For the 2025-06-01 period, Jacksonville had 49 MLS listings, a difference of 4 listings (9%) versus the prior month and 19 listings (63%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Jacksonville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,855 sqft
    2018-02-01 0 days 1,852 sqft
    2018-03-01 0 days 1,847 sqft
    2018-04-01 0 days 1,864 sqft
    2018-05-01 0 days 1,847 sqft
    2018-06-01 0 days 1,843 sqft
    2018-07-01 0 days 1,824 sqft
    2018-08-01 0 days 1,848 sqft
    2018-09-01 0 days 1,835 sqft
    2018-10-01 0 days 1,728 sqft
    2018-11-01 0 days 1,679 sqft
    2018-12-01 0 days 1,680 sqft
    2019-01-01 0 days 1,648 sqft
    2019-02-01 0 days 1,640 sqft
    2019-03-01 0 days 1,734 sqft
    2019-04-01 0 days 1,843 sqft
    2019-05-01 0 days 1,855 sqft
    2019-06-01 0 days 1,853 sqft
    2019-07-01 0 days 1,894 sqft
    2019-08-01 0 days 1,855 sqft
    2019-09-01 0 days 1,811 sqft
    2019-10-01 0 days 1,777 sqft
    2019-11-01 0 days 1,777 sqft
    2019-12-01 0 days 1,683 sqft
    2020-01-01 0 days 1,702 sqft
    2020-02-01 0 days 1,683 sqft
    2020-03-01 0 days 1,786 sqft
    2020-04-01 0 days 1,810 sqft
    2020-05-01 0 days 1,728 sqft
    2020-06-01 0 days 1,796 sqft
    2020-07-01 0 days 1,722 sqft
    2020-08-01 0 days 1,683 sqft
    2020-09-01 0 days 1,588 sqft
    2020-10-01 0 days 1,592 sqft
    2020-11-01 0 days 1,558 sqft
    2020-12-01 0 days 1,540 sqft
    2021-01-01 0 days 1,536 sqft
    2021-02-01 0 days 1,545 sqft
    2021-03-01 0 days 1,401 sqft
    2021-04-01 0 days 1,388 sqft
    2021-05-01 0 days 1,688 sqft
    2021-06-01 0 days 1,301 sqft
    2021-07-01 0 days 1,312 sqft
    2021-08-01 0 days 1,563 sqft
    2021-09-01 0 days 1,555 sqft
    2021-10-01 0 days 1,651 sqft
    2021-11-01 0 days 1,928 sqft
    2021-12-01 0 days 1,766 sqft
    2022-01-01 0 days 1,760 sqft
    2022-02-01 0 days 1,872 sqft
    2022-03-01 0 days 1,405 sqft
    2022-04-01 0 days 1,656 sqft
    2022-05-01 0 days 1,604 sqft
    2022-06-01 0 days 1,858 sqft
    2022-07-01 0 days 1,520 sqft
    2022-08-01 0 days 1,541 sqft
    2022-09-01 0 days 1,681 sqft
    2022-10-01 0 days 1,728 sqft
    2022-11-01 0 days 1,627 sqft
    2022-12-01 0 days 1,770 sqft
    2023-01-01 0 days 1,580 sqft
    2023-02-01 0 days 1,623 sqft
    2023-03-01 0 days 1,615 sqft
    2023-04-01 0 days 1,728 sqft
    2023-05-01 0 days 1,848 sqft
    2023-06-01 0 days 1,729 sqft
    2023-07-01 0 days 1,604 sqft
    2023-08-01 0 days 1,662 sqft
    2023-09-01 0 days 1,604 sqft
    2023-10-01 0 days 1,672 sqft
    2023-11-01 0 days 1,660 sqft
    2023-12-01 0 days 1,852 sqft
    2024-01-01 0 days 1,678 sqft
    2024-02-01 0 days 1,665 sqft
    2024-03-01 0 days 1,604 sqft
    2024-04-01 0 days 1,767 sqft
    2024-05-01 0 days 1,720 sqft
    2024-06-01 0 days 1,830 sqft
    2024-07-01 0 days 1,837 sqft
    2024-08-01 0 days 1,854 sqft
    2024-09-01 0 days 1,851 sqft
    2024-10-01 0 days 1,742 sqft
    2024-11-01 0 days 1,804 sqft
    2024-12-01 0 days 1,779 sqft
    2025-01-01 0 days 1,808 sqft
    2025-02-01 0 days 1,829 sqft
    2025-03-01 0 days 1,823 sqft
    2025-04-01 0 days 1,801 sqft
    2025-05-01 0 days 1,549 sqft
    2025-06-01 0 days 1,703 sqft
    Jacksonville's median listing age (time on market) for 2025-06-01 was 0 days.

    Jacksonville's median square footage for active listings during the 2025-06-01 period was 1,703 sqft. One year prior, the average listing was 1,830 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.