Jefferson VA Loan Rates, Closing Costs & Stats

Jefferson, GA

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.

Jefferson's 78 lenders originated 241 VA loans during 2022. The total origination value was $90,735,000, with an average VA loan value of $376,494.

Jefferson VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Jefferson averaged 6.05% for the week of 2024-03-01, compared to the national average (all VA variants) of 6.517% for the same period.

Jefferson's average VA mortgage closing costs are $6,089.

The average rate for the prior week (2024-02-23) was 6.48% and one month ago for the week of 2024-01-26, the average rate was 5.91%.

The average rate one year ago was 5.85%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.41%.

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

Jefferson 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 Jefferson level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 28 5.17% $6,623
QUICKEN LOANS, LLC 17 3.95% $11,518
DHI MORTGAGE COMPANY, LTD. 11 4.32% $8,915
UNITED WHOLESALE MORTGAGE, LLC 9 3.08% $7,067
FREEDOM MORTGAGE CORPORATION 9 3.93% $13,344
PENNYMAC LOAN SERVICES, LLC 9 2.74% $6,764
LOANDEPOT.COM, LLC 9 3.97% $17,134
HOMESTAR FINANCIAL CORPORATION 8 4.61% $9,747
NAVY FEDERAL CREDIT UNION 7 4.55% $8,049
AMERISAVE MORTGAGE CORPORATION 6 3.98% $11,506
SOUTHEAST MORTGAGE OF GEORGIA, INC. 5 4.98% $11,507
BROKER SOLUTIONS, INC. 5 4.07% $11,404
NEW DAY FINANCIAL, LLC 5 4.45% $14,693
VICTORY MORTGAGE, L.L.C. 5 4.63% $10,410
HOMEOWNERS FINANCIAL GROUP USA, LLC 5 5.08% $16,201
GUARANTEED RATE, INC. 4 4.44% $6,318
Mr. Cooper ( Nationstar Mortgage ) 4 3.50% $4,996
VANDERBILT MORTGAGE AND FINANCE, INC. 4 4.09% $14,241
Bank of England 4 5.19% $12,438
MILEND, INC. 3 4.41% $15,264
GENEVA FINANCIAL, LLC 3 6.50% $20,235
Northpointe Bank 3 4.58% $8,804
The Federal Savings Bank 3 4.83% $17,399
VILLAGE CAPITAL MORTGAGE 3 2.38% $11,598
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.54% $8,838
PLANET HOME LENDING, LLC 2 3.56% $1,944
GUARANTY MORTGAGE SERVICES, L.L.C. 2 5.25% $13,342
EVERETT FINANCIAL, INC. 2 6.56% $19,782
PENTAGON FEDERAL CREDIT UNION 2 3.56% $4,886
Flagstar Bank, FSB 2 4.00% $5,520
CMG MORTGAGE, INC. 2 5.19% $7,668
Nations Lending Corporation 2 5.94% $26,095
USAA Federal Savings Bank 2 4.50% $6,952
MOVEMENT MORTGAGE, LLC 2 5.00% $13,176
Prosperity Home Mortgage, LLC 2 3.75% $6,118
Regions Bank 2 4.75% $15,535
Carrington Mortgage Services, LLC 2 4.31% $7,151
South State Bank 1 4.75% $7,922
SUMMIT FUNDING, INC. 1 5.75% $0
Synovus Bank 1 5.88% $9,412
ACOPIA, LLC 1 5.25% $9,562
Wells Fargo Bank 1 3.25% $3,408
Amerifirst Financial, Inc. 1 6.63% $7,972
Ameris Bank 1 5.00% $8,667
ANGEL OAK HOME LOANS LLC 1 5.25% $2,994
Armed Forces Bank 1 2.50% $8,672
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 4.75% $8,141
Atlantic Coast Mortgage, LLC 1 4.75% $4,844
BANKSOUTH MORTGAGE COMPANY, LLC 1 4.75% $8,189
CALIBER HOME LOANS, INC. 1 4.13% $14,681
Century Mortgage Company DBA Century Lending Company 1 6.13% $4,407
CERTAINTY HOME LOANS, LLC 1 5.75% $3,489
CHURCHILL MORTGAGE CORPORATION 1 5.63% $6,456
CLEARPATH LENDING 1 1.75% $4,699
CONTOUR MORTGAGE CORPORATION 1 6.75% $18,485
Credence Funding Corporation 1 2.75% $4,611
CROSSCOUNTRY MORTGAGE, LLC 1 5.99% $18,751
EAGLE HOME MORTGAGE, LLC 1 5.50% $1,448
FIRST COMMUNITY MORTGAGE, INC. 1 6.50% $12,798
First Heritage Mortgage, LLC 1 4.38% $20,445
First Mortgage Solutions, LLC 1 2.75% $12,594
GUARANTEED RATE AFFINITY, LLC 1 3.38% $22,139
GUILD MORTGAGE COMPANY 1 5.13% $18,427
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.88% $11,767
HOMESIDE FINANCIAL, LLC 1 4.75% $4,482
Mid-Continent Funding, Inc. 1 5.50% $4,576
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.75% $18,485
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.75% $2,961
NATIONS DIRECT MORTGAGE, LLC 1 4.13% $21,742
NATIONS RELIABLE LENDING, LLC 1 5.38% $3,661
NEWREZ LLC 1 2.99% $5,693
North American Savings Bank, F.S.B. 1 4.38% $9,989
OAKTREE FUNDING CORP. 1 4.50% $10,723
Paramount Residential Mortgage Group, Inc. 1 3.75% $4,357
Plains Commerce Bank 1 4.75% $9,258
PLAZA HOME MORTGAGE, INC. 1 2.38% $7,215
RESIDENTIAL HOME FUNDING CORP. 1 5.88% $20,871
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.75% $6,841

The top Jefferson VA lender as defined by loan originations is Mortgage Research Center, LLC, with 28 VA loans originated. Their average total fees are $6,623, which is $4,895 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Jefferson VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,623), DHI MORTGAGE COMPANY, LTD. ($8,915), QUICKEN LOANS, LLC ($11,518), .

The lowest rate Jefferson VA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.95%), DHI MORTGAGE COMPANY, LTD. (4.32%), Mortgage Research Center, LLC (5.17%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Jefferson (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 $270,785 (15.9%) $317,585 (16.3%) 0.00 527
2018-02-01 $266,975 (11.6%) $314,082 (11.1%) 0.00 537
2018-03-01 $274,015 (11.7%) $320,083 (11.6%) 0.00 474
2018-04-01 $289,725 (16.4%) $334,223 (15.5%) 0.00 451
2018-05-01 $294,804 (18.0%) $342,368 (17.4%) 0.00 426
2018-06-01 $297,950 (16.3%) $349,470 (17.4%) 0.00 424
2018-07-01 $285,149 (12.0%) $342,215 (16.2%) 0.00 465
2018-08-01 $281,759 (10.5%) $336,217 (12.1%) 0.00 483
2018-09-01 $284,923 (9.2%) $334,585 (11.7%) 0.00 492
2018-10-01 $276,775 (5.4%) $330,681 (9.5%) 0.00 610
2018-11-01 $276,305 (5.2%) $328,058 (7.4%) 0.00 609
2018-12-01 $276,459 (4.6%) $329,455 (6.0%) 0.00 589
2019-01-01 $279,900 (3.4%) $331,487 (4.4%) 0.00 544
2019-02-01 $289,675 (8.5%) $343,644 (9.4%) 0.00 536
2019-03-01 $282,976 (3.3%) $329,579 (3.0%) 0.00 603
2019-04-01 $274,728 (-5.2%) $309,977 (-7.3%) 0.00 675
2019-05-01 $274,795 (-6.8%) $307,382 (-10.2%) 0.00 628
2019-06-01 $266,795 (-10.5%) $307,822 (-11.9%) 0.00 634
2019-07-01 $268,751 (-5.8%) $326,523 (-4.6%) 0.00 630
2019-08-01 $267,124 (-5.2%) $317,909 (-5.5%) 0.00 640
2019-09-01 $265,960 (-6.7%) $306,562 (-8.4%) 0.00 620
2019-10-01 $272,157 (-1.7%) $317,676 (-3.9%) 0.00 548
2019-11-01 $279,925 (1.3%) $332,605 (1.4%) 0.00 459
2019-12-01 $284,173 (2.8%) $326,742 (-0.8%) 0.00 428
2020-01-01 $284,900 (1.8%) $324,623 (-2.1%) 0.00 405
2020-02-01 $285,000 (-1.6%) $331,838 (-3.4%) 0.00 402
2020-03-01 $283,743 (0.3%) $330,596 (0.3%) 0.00 379
2020-04-01 $285,193 (3.8%) $329,166 (6.2%) 0.00 411
2020-05-01 $289,990 (5.5%) $338,131 (10.0%) 0.00 407
2020-06-01 $300,256 (12.5%) $350,578 (13.9%) 0.00 367
2020-07-01 $301,327 (12.1%) $355,146 (8.8%) 0.00 357
2020-08-01 $306,285 (14.7%) $354,956 (11.7%) 0.00 348
2020-09-01 $315,164 (18.5%) $360,969 (17.8%) 0.00 311
2020-10-01 $315,338 (15.9%) $358,674 (12.9%) 0.00 287
2020-11-01 $313,204 (11.9%) $368,775 (10.9%) 0.00 264
2020-12-01 $305,438 (7.5%) $377,255 (15.5%) 0.00 250
2021-01-01 $303,823 (6.6%) $379,587 (16.9%) 0.00 217
2021-02-01 $315,456 (10.7%) $402,994 (21.4%) 0.00 171
2021-03-01 $320,725 (13.0%) $418,543 (26.6%) 0.00 141
2021-04-01 $335,360 (17.6%) $424,934 (29.1%) 0.00 135
2021-05-01 $352,500 (21.6%) $438,764 (29.8%) 0.00 130
2021-06-01 $372,475 (24.1%) $453,771 (29.4%) 0.00 154
2021-07-01 $379,950 (26.1%) $470,921 (32.6%) 0.00 169
2021-08-01 $379,450 (23.9%) $461,446 (30.0%) 0.00 203
2021-09-01 $404,111 (28.2%) $478,092 (32.5%) 0.00 234
2021-10-01 $409,990 (30.0%) $480,423 (33.9%) 0.00 244
2021-11-01 $423,366 (35.2%) $483,047 (31.0%) 0.00 237
2021-12-01 $445,235 (45.8%) $497,587 (31.9%) 0.00 226
2022-01-01 $471,995 (55.4%) $527,877 (39.1%) 0.00 165
2022-02-01 $458,339 (45.3%) $532,013 (32.0%) 0.00 152
2022-03-01 $471,185 (46.9%) $543,778 (29.9%) 0.00 152
2022-04-01 $475,654 (41.8%) $556,629 (31.0%) 0.00 165
2022-05-01 $487,495 (38.3%) $567,489 (29.3%) 0.00 214
2022-06-01 $478,495 (28.5%) $559,689 (23.3%) 0.00 265
2022-07-01 $474,829 (25.0%) $555,571 (18.0%) 0.00 352
2022-08-01 $474,900 (25.2%) $552,361 (19.7%) 0.00 391
2022-09-01 $472,664 (17.0%) $535,658 (12.0%) 0.00 428
2022-10-01 $450,000 (9.8%) $517,588 (7.7%) 0.00 464
2022-11-01 $444,613 (5.0%) $523,506 (8.4%) 0.00 457
2022-12-01 $429,999 (-3.4%) $525,351 (5.6%) 0.00 436
2023-01-01 $432,770 (-8.3%) $529,425 (0.3%) 0.00 389
2023-02-01 $443,187 (-3.3%) $527,337 (-0.9%) 0.00 366
2023-03-01 $446,848 (-5.2%) $532,029 (-2.2%) 0.00 353
2023-04-01 $442,479 (-7.0%) $524,800 (-5.7%) 0.00 355
2023-05-01 $446,887 (-8.3%) $532,338 (-6.2%) 0.00 345
2023-06-01 $449,725 (-6.0%) $510,357 (-8.8%) 0.00 352
2023-07-01 $449,973 (-5.2%) $514,114 (-7.5%) 0.00 356
2023-08-01 $447,627 (-5.7%) $508,992 (-7.9%) 0.00 364
2023-09-01 $448,710 (-5.1%) $496,452 (-7.3%) 0.00 374
2023-10-01 $442,122 (-1.8%) $504,232 (-2.6%) 0.00 405
2023-11-01 $446,302 (0.4%) $515,205 (-1.6%) 0.00 416
2023-12-01 $444,345 (3.3%) $519,169 (-1.2%) 0.00 410
2024-01-01 $447,327 (3.4%) $528,459 (-0.2%) 0.00 383
Jefferson's median listing price for 2024-01-01 was $447,327, a difference of $14,557 (3.4%) versus the prior year and $2,982 versus the prior month.

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

Jefferson's average listing price for 2024-01-01 was $528,459, a difference of $-966 (-0.2%) versus the prior year and $9,290 versus the prior month.

For the 2024-01-01 period, Jefferson had 383 MLS listings, a difference of -27 listings (-7%) versus the prior month and -6 listings (-2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Jefferson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,591 sqft
2018-02-01 0 days 2,577 sqft
2018-03-01 0 days 2,549 sqft
2018-04-01 0 days 2,582 sqft
2018-05-01 0 days 2,576 sqft
2018-06-01 0 days 2,587 sqft
2018-07-01 0 days 2,569 sqft
2018-08-01 0 days 2,529 sqft
2018-09-01 0 days 2,580 sqft
2018-10-01 0 days 2,536 sqft
2018-11-01 0 days 2,548 sqft
2018-12-01 0 days 2,545 sqft
2019-01-01 0 days 2,580 sqft
2019-02-01 0 days 2,602 sqft
2019-03-01 0 days 2,605 sqft
2019-04-01 0 days 2,584 sqft
2019-05-01 0 days 2,602 sqft
2019-06-01 0 days 2,580 sqft
2019-07-01 0 days 2,584 sqft
2019-08-01 0 days 2,573 sqft
2019-09-01 0 days 2,551 sqft
2019-10-01 0 days 2,518 sqft
2019-11-01 0 days 2,511 sqft
2019-12-01 0 days 2,501 sqft
2020-01-01 0 days 2,504 sqft
2020-02-01 0 days 2,501 sqft
2020-03-01 0 days 2,500 sqft
2020-04-01 0 days 2,497 sqft
2020-05-01 0 days 2,493 sqft
2020-06-01 0 days 2,508 sqft
2020-07-01 0 days 2,536 sqft
2020-08-01 0 days 2,550 sqft
2020-09-01 0 days 2,560 sqft
2020-10-01 0 days 2,500 sqft
2020-11-01 0 days 2,506 sqft
2020-12-01 0 days 2,500 sqft
2021-01-01 0 days 2,500 sqft
2021-02-01 0 days 2,390 sqft
2021-03-01 0 days 2,445 sqft
2021-04-01 0 days 2,392 sqft
2021-05-01 0 days 2,384 sqft
2021-06-01 0 days 2,390 sqft
2021-07-01 0 days 2,366 sqft
2021-08-01 0 days 2,466 sqft
2021-09-01 0 days 2,562 sqft
2021-10-01 0 days 2,543 sqft
2021-11-01 0 days 2,648 sqft
2021-12-01 0 days 2,711 sqft
2022-01-01 0 days 2,688 sqft
2022-02-01 0 days 2,582 sqft
2022-03-01 0 days 2,617 sqft
2022-04-01 0 days 2,504 sqft
2022-05-01 0 days 2,490 sqft
2022-06-01 0 days 2,562 sqft
2022-07-01 0 days 2,508 sqft
2022-08-01 0 days 2,488 sqft
2022-09-01 0 days 2,488 sqft
2022-10-01 0 days 2,436 sqft
2022-11-01 0 days 2,479 sqft
2022-12-01 0 days 2,432 sqft
2023-01-01 0 days 2,443 sqft
2023-02-01 0 days 2,471 sqft
2023-03-01 0 days 2,467 sqft
2023-04-01 0 days 2,462 sqft
2023-05-01 0 days 2,465 sqft
2023-06-01 0 days 2,467 sqft
2023-07-01 0 days 2,500 sqft
2023-08-01 0 days 2,499 sqft
2023-09-01 0 days 2,445 sqft
2023-10-01 0 days 2,444 sqft
2023-11-01 0 days 2,448 sqft
2023-12-01 0 days 2,442 sqft
2024-01-01 0 days 2,494 sqft
Jefferson's median listing age (time on market) for 2024-01-01 was 0 days.

Jefferson's median square footage for active listings during the 2024-01-01 period was 2,494 sqft. One year prior, the average listing was 2,443 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.