Johnson City VA Loan Rates, Closing Costs & Stats

JOHNSON CITY, TN

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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.

    Johnson City's 83 lenders originated 438 VA loans during 2024. The total origination value was $138,820,000, with an average VA loan value of $316,941.

    Johnson City VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Johnson City averaged 6.69% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Johnson City's average VA mortgage closing costs are $5,557.

    The average rate for the prior week (2025-03-28) was 6.51% and one month ago for the week of 2025-02-28, the average rate was 6.89%.

    The average rate one year ago was 6.8%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.07%.

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

    Johnson City 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 Johnson City level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 62 6.42% $4,703
    UNITED WHOLESALE MORTGAGE, LLC 47 6.00% $5,982
    MOVEMENT MORTGAGE, LLC 35 6.58% $7,504
    QUICKEN LOANS, LLC 23 6.09% $10,983
    FREEDOM MORTGAGE CORPORATION 20 6.21% $11,109
    PENNYMAC LOAN SERVICES, LLC 17 5.86% $7,082
    USAA Federal Savings Bank 14 6.22% $5,604
    DHI MORTGAGE COMPANY, LTD. 13 5.98% $5,972
    NAVY FEDERAL CREDIT UNION 12 5.86% $3,040
    CARDINAL FINANCIAL 10 6.57% $10,130
    ROSS MORTGAGE CORPORATION 9 6.14% $6,873
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 9 6.04% $6,264
    NEW DAY FINANCIAL, LLC 9 7.60% $12,831
    Sierra Pacific Mortgage Company, Inc. 7 6.21% $8,821
    LOANDEPOT.COM, LLC 6 5.87% $11,469
    CROSSCOUNTRY MORTGAGE, LLC 5 6.36% $6,241
    ALAMEDA MORTGAGE CORPORATION 5 6.85% $11,032
    Mr. Cooper ( Nationstar Mortgage ) 5 6.03% $5,729
    GVC MORTGAGE, INC. 4 6.09% $4,820
    NEWREZ LLC 4 6.31% $5,657
    VILLAGE CAPITAL MORTGAGE 4 6.03% $4,352
    Carrington Mortgage Services, LLC 3 6.58% $7,541
    FIRST COMMUNITY MORTGAGE, INC. 3 6.21% $17,823
    LAKEVIEW LOAN SERVICING, LLC 3 5.92% $5,437
    AmeriHome Mortgage Company, LLC 3 6.25% $9,383
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 6.92% $4,740
    EASTMAN 3 7.13% $4,609
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.33% $10,159
    GUILD MORTGAGE COMPANY 2 6.31% $13,717
    AMERICAN FINANCIAL NETWORK, INC. 2 6.69% $3,583
    Century Mortgage Company DBA Century Lending Company 2 5.69% $6,473
    CMG MORTGAGE, INC. 2 6.50% $5,396
    DELMAR FINANCIAL COMPANY 2 7.44% $3,719
    Equity Prime Mortgage LLC 2 6.00% $6,313
    First Federal Bank 2 5.69% $3,138
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 2 7.06% $3,716
    Flagstar Bank, FSB 2 6.50% $4,336
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.25% $1,120
    MORTGAGE INVESTORS GROUP, INC. 2 5.75% $23,412
    RELIANCE FIRST CAPITAL, LLC 2 6.00% $16,970
    SUN WEST MORTGAGE COMPANY, INC. 2 5.88% $8,030
    Truist 2 6.45% $6,222
    Wells Fargo Bank 2 6.19% $2,800
    VERITAS FUNDING, LLC 1 7.50% $6,932
    LADERA LENDING, INC. 1 6.75% $9,301
    HOMESIDE FINANCIAL, LLC 1 7.25% $8,116
    GUARANTEED RATE, INC. 1 6.53% $3,763
    GERSHMAN INVESTMENT CORP. 1 6.50% $5,881
    Nations Lending Corporation 1 6.25% $12,083
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $4,230
    NBKC BANK 1 5.63% $2,993
    FAIRWAY FUNDING GROUP, INC. 1 6.75% $5,577
    CORNERSTONE HOME LENDING, INC. 1 6.25% $8,447
    NFM, INC. 1 6.63% $6,365
    CLEARPATH LENDING 1 5.88% $11,079
    PENTAGON FEDERAL CREDIT UNION 1 6.88% $6,841
    PLAZA HOME MORTGAGE, INC. 1 5.99% $3,586
    POINT Mortgage 1 4.88% $19,321
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $5,956
    Prosperity Home Mortgage, LLC 1 6.25% $5,058
    BROKER SOLUTIONS, INC. 1 7.75% $5,014
    ALLIED MORTGAGE GROUP, INC. 1 6.25% $5,353
    Renasant Bank 1 6.13% $6,660
    Barrington Bank & Trust Company, N.A. 1 7.25% $2,174
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.25% $10,936
    Bank of Tennessee 1 6.63% $8,180
    SUCCESS MORTGAGE PARTNERS, INC. 1 5.88% $17,561
    SUMMIT FUNDING, INC. 1 5.75% $6,181
    Waterstone Mortgage Corporation 1 6.25% $9,302
    The Central Trust Bank 1 6.63% $8,243
    The Federal Savings Bank 1 6.25% $11,723
    The Loan Store, Inc. 1 5.50% $2,368
    ZILLOW HOME LOANS, LLC 1 7.25% $0
    UNION HOME MORTGAGE CORP. 1 6.50% $3,780
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.25% $5,711
    Ameris Bank 1 6.75% $2,434
    U.S. Bank 1 5.50% $229
    VAN DYK MORTGAGE CORPORATION 1 5.50% $12,228
    LEADERONE FINANCIAL CORPORATION 1 5.75% $7,109
    LOANPAL, LLC 1 6.25% $13,992
    Magnolia Bank 1 4.88% $5,827
    MORIA DEVELOPMENT, INC. 1 6.00% $4,906
    MORTGAGE ACCESS CORP. 1 6.63% $26,469

    The top Johnson City VA lender as defined by loan originations is Mortgage Research Center, LLC, with 62 VA loans originated. Their average total fees are $4,703, which is $1,279 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Johnson City VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($3,040), Mortgage Research Center, LLC ($4,703), USAA Federal Savings Bank ($5,604), DHI MORTGAGE COMPANY, LTD. ($5,972) and UNITED WHOLESALE MORTGAGE, LLC ($5,982).

    The lowest rate Johnson City VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.86%), NAVY FEDERAL CREDIT UNION (5.86%), DHI MORTGAGE COMPANY, LTD. (5.98%), UNITED WHOLESALE MORTGAGE, LLC (6.00%) and QUICKEN LOANS, LLC (6.09%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Johnson City (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 $202,500 (6.6%) $276,404 (6.1%) 0.75 775
    2018-02-01 $209,900 (10.8%) $275,206 (4.2%) 0.76 740
    2018-03-01 $215,000 (13.5%) $284,373 (8.4%) 0.75 752
    2018-04-01 $219,900 (11.8%) $292,039 (8.8%) 0.75 748
    2018-05-01 $229,900 (15.5%) $298,884 (10.3%) 0.77 754
    2018-06-01 $229,900 (15.6%) $296,846 (10.6%) 0.77 820
    2018-07-01 $222,400 (11.8%) $292,356 (8.6%) 0.74 841
    2018-08-01 $220,675 (10.5%) $290,214 (8.6%) 0.74 856
    2018-09-01 $219,900 (10.0%) $287,017 (6.7%) 0.74 895
    2018-10-01 $216,750 (5.8%) $279,732 (1.9%) 0.73 896
    2018-11-01 $210,000 (4.4%) $275,707 (3.3%) 0.71 903
    2018-12-01 $199,900 (-2.5%) $267,487 (-2.6%) 0.69 858
    2019-01-01 $199,400 (-1.5%) $267,198 (-3.3%) 0.69 793
    2019-02-01 $189,900 (-9.5%) $264,278 (-4.0%) 0.64 791
    2019-03-01 $204,943 (-4.7%) $283,247 (-0.4%) 0.67 711
    2019-04-01 $226,875 (3.2%) $305,608 (4.7%) 0.72 621
    2019-05-01 $237,450 (3.3%) $316,564 (5.9%) 0.74 637
    2019-06-01 $239,900 (4.4%) $322,950 (8.8%) 0.75 631
    2019-07-01 $239,973 (7.9%) $319,698 (9.4%) 0.75 655
    2019-08-01 $239,791 (8.7%) $316,302 (9.0%) 0.76 666
    2019-09-01 $239,627 (9.0%) $316,604 (10.3%) 0.77 673
    2019-10-01 $242,218 (11.8%) $318,962 (14.0%) 0.78 673
    2019-11-01 $239,900 (14.2%) $320,236 (16.2%) 0.79 643
    2019-12-01 $236,450 (18.3%) $318,248 (19.0%) 0.79 590
    2020-01-01 $244,911 (22.8%) $324,598 (21.5%) 0.82 536
    2020-02-01 $249,900 (31.6%) $332,754 (25.9%) 0.82 494
    2020-03-01 $252,450 (23.2%) $339,704 (19.9%) 0.79 457
    2020-04-01 $265,325 (17.0%) $341,943 (11.9%) 0.83 413
    2020-05-01 $279,700 (17.8%) $352,209 (11.3%) 0.85 384
    2020-06-01 $272,350 (13.5%) $352,046 (9.0%) 0.80 355
    2020-07-01 $269,800 (12.4%) $373,121 (16.7%) 0.78 341
    2020-08-01 $286,000 (19.3%) $400,147 (26.5%) 0.82 327
    2020-09-01 $290,250 (21.1%) $412,495 (30.3%) 0.83 316
    2020-10-01 $284,950 (17.6%) $403,079 (26.4%) 0.82 332
    2020-11-01 $277,425 (15.6%) $411,904 (28.6%) 0.81 295
    2020-12-01 $282,425 (19.4%) $409,371 (28.6%) 0.84 282
    2021-01-01 $278,700 (13.8%) $406,024 (25.1%) 0.83 232
    2021-02-01 $277,225 (10.9%) $427,785 (28.6%) 0.81 175
    2021-03-01 $299,900 (18.8%) $479,849 (41.3%) 0.85 157
    2021-04-01 $319,675 (20.5%) $481,930 (40.9%) 0.87 166
    2021-05-01 $324,950 (16.2%) $476,422 (35.3%) 0.86 177
    2021-06-01 $299,900 (10.1%) $427,434 (21.4%) 0.79 204
    2021-07-01 $277,450 (2.8%) $417,942 (12.0%) 0.73 206
    2021-08-01 $304,925 (6.6%) $460,877 (15.2%) 0.81 250
    2021-09-01 $303,675 (4.6%) $475,199 (15.2%) 0.81 247
    2021-10-01 $310,000 (8.8%) $446,457 (10.8%) 0.83 285
    2021-11-01 $310,000 (11.7%) $469,224 (13.9%) 0.83 236
    2021-12-01 $315,000 (11.5%) $486,439 (18.8%) 0.85 194
    2022-01-01 $324,900 (16.6%) $499,382 (23.0%) 0.88 145
    2022-02-01 $373,675 (34.8%) $543,400 (27.0%) 0.97 121
    2022-03-01 $346,175 (15.4%) $502,383 (4.7%) 0.87 143
    2022-04-01 $350,000 (9.5%) $520,505 (8.0%) 0.83 153
    2022-05-01 $350,000 (7.7%) $495,391 (4.0%) 0.80 190
    2022-06-01 $350,000 (16.7%) $488,773 (14.4%) 0.78 216
    2022-07-01 $360,000 (29.8%) $489,205 (17.1%) 0.81 271
    2022-08-01 $384,250 (26.0%) $559,765 (21.5%) 0.89 277
    2022-09-01 $379,450 (25.0%) $540,810 (13.8%) 0.89 281
    2022-10-01 $380,000 (22.6%) $522,865 (17.1%) 0.89 318
    2022-11-01 $362,450 (16.9%) $497,653 (6.1%) 0.87 330
    2022-12-01 $379,950 (20.6%) $500,552 (2.9%) 0.94 289
    2023-01-01 $388,675 (19.6%) $487,606 (-2.4%) 0.96 275
    2023-02-01 $399,350 (6.9%) $487,990 (-10.2%) 0.96 245
    2023-03-01 $412,500 (19.2%) $500,449 (-0.4%) 0.97 243
    2023-04-01 $410,000 (17.1%) $491,964 (-5.5%) 0.95 264
    2023-05-01 $429,900 (22.8%) $545,793 (10.2%) 0.97 250
    2023-06-01 $422,473 (20.7%) $505,286 (3.4%) 0.95 260
    2023-07-01 $415,000 (15.3%) $524,712 (7.3%) 0.94 257
    2023-08-01 $417,439 (8.6%) $522,899 (-6.6%) 0.96 276
    2023-09-01 $424,950 (12.0%) $523,783 (-3.2%) 0.99 298
    2023-10-01 $394,675 (3.9%) $508,930 (-2.7%) 0.93 358
    2023-11-01 $373,750 (3.1%) $481,471 (-3.3%) 0.89 389
    2023-12-01 $369,650 (-2.7%) $476,072 (-4.9%) 0.90 390
    2024-01-01 $367,450 (-5.5%) $481,845 (-1.2%) 0.90 359
    2024-02-01 $357,450 (-10.5%) $481,962 (-1.2%) 0.86 325
    2024-03-01 $376,950 (-8.6%) $496,178 (-0.9%) 0.89 342
    2024-04-01 $379,430 (-7.5%) $512,653 (4.2%) 0.88 333
    2024-05-01 $377,450 (-12.2%) $525,698 (-3.7%) 0.86 344
    2024-06-01 $361,450 (-14.4%) $490,865 (-2.9%) 0.82 396
    2024-07-01 $360,650 (-13.1%) $478,737 (-8.8%) 0.82 452
    2024-08-01 $369,900 (-11.4%) $482,173 (-7.8%) 0.86 474
    2024-09-01 $379,950 (-10.6%) $491,020 (-6.3%) 0.89 506
    2024-10-01 $374,850 (-5.0%) $488,797 (-4.0%) 0.88 543
    2024-11-01 $375,000 (0.3%) $486,498 (1.0%) 0.90 552
    2024-12-01 $369,950 (0.1%) $467,159 (-1.9%) 0.92 478
    2025-01-01 $388,000 (5.6%) $474,204 (-1.6%) 0.97 437
    2025-02-01 $387,175 (8.3%) $478,500 (-0.7%) 0.94 440
    2025-03-01 $385,000 (2.1%) $489,061 (-1.4%) 0.00 493
    Johnson City's median listing price for 2025-03-01 was $385,000, a difference of $8,050 (2.1%) versus the prior year and $-2,175 versus the prior month.

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

    Johnson City's average listing price for 2025-03-01 was $489,061, a difference of $-7,117 (-1.4%) versus the prior year and $10,561 versus the prior month.

    For the 2025-03-01 period, Johnson City had 493 MLS listings, a difference of 53 listings (12%) versus the prior month and 151 listings (44%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Johnson City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 94 days 2,008 sqft
    2018-02-01 88 days 1,995 sqft
    2018-03-01 67 days 1,996 sqft
    2018-04-01 65 days 2,022 sqft
    2018-05-01 61 days 2,064 sqft
    2018-06-01 54 days 2,110 sqft
    2018-07-01 61 days 2,123 sqft
    2018-08-01 66 days 2,052 sqft
    2018-09-01 65 days 2,054 sqft
    2018-10-01 72 days 2,036 sqft
    2018-11-01 74 days 1,933 sqft
    2018-12-01 87 days 1,944 sqft
    2019-01-01 93 days 1,838 sqft
    2019-02-01 93 days 1,845 sqft
    2019-03-01 76 days 1,966 sqft
    2019-04-01 57 days 2,087 sqft
    2019-05-01 51 days 2,129 sqft
    2019-06-01 58 days 2,128 sqft
    2019-07-01 62 days 2,128 sqft
    2019-08-01 58 days 2,114 sqft
    2019-09-01 60 days 2,100 sqft
    2019-10-01 63 days 2,101 sqft
    2019-11-01 67 days 2,138 sqft
    2019-12-01 79 days 2,100 sqft
    2020-01-01 93 days 2,118 sqft
    2020-02-01 88 days 2,053 sqft
    2020-03-01 59 days 2,029 sqft
    2020-04-01 56 days 2,039 sqft
    2020-05-01 65 days 2,032 sqft
    2020-06-01 46 days 1,982 sqft
    2020-07-01 44 days 1,980 sqft
    2020-08-01 38 days 2,029 sqft
    2020-09-01 40 days 2,035 sqft
    2020-10-01 41 days 2,027 sqft
    2020-11-01 45 days 2,050 sqft
    2020-12-01 51 days 2,005 sqft
    2021-01-01 58 days 1,946 sqft
    2021-02-01 44 days 1,927 sqft
    2021-03-01 31 days 2,107 sqft
    2021-04-01 27 days 2,151 sqft
    2021-05-01 19 days 2,138 sqft
    2021-06-01 23 days 2,013 sqft
    2021-07-01 24 days 1,872 sqft
    2021-08-01 25 days 1,936 sqft
    2021-09-01 30 days 1,942 sqft
    2021-10-01 30 days 1,846 sqft
    2021-11-01 45 days 1,819 sqft
    2021-12-01 56 days 1,872 sqft
    2022-01-01 60 days 1,800 sqft
    2022-02-01 34 days 1,909 sqft
    2022-03-01 24 days 1,858 sqft
    2022-04-01 22 days 1,880 sqft
    2022-05-01 23 days 1,912 sqft
    2022-06-01 27 days 1,866 sqft
    2022-07-01 24 days 1,920 sqft
    2022-08-01 36 days 1,972 sqft
    2022-09-01 40 days 1,972 sqft
    2022-10-01 47 days 1,975 sqft
    2022-11-01 46 days 1,963 sqft
    2022-12-01 58 days 2,001 sqft
    2023-01-01 69 days 1,944 sqft
    2023-02-01 63 days 2,000 sqft
    2023-03-01 45 days 2,058 sqft
    2023-04-01 36 days 2,029 sqft
    2023-05-01 37 days 2,011 sqft
    2023-06-01 36 days 1,950 sqft
    2023-07-01 36 days 1,928 sqft
    2023-08-01 34 days 1,910 sqft
    2023-09-01 39 days 2,027 sqft
    2023-10-01 43 days 1,896 sqft
    2023-11-01 45 days 1,811 sqft
    2023-12-01 54 days 1,806 sqft
    2024-01-01 68 days 1,802 sqft
    2024-02-01 67 days 1,796 sqft
    2024-03-01 56 days 1,808 sqft
    2024-04-01 47 days 1,841 sqft
    2024-05-01 44 days 1,844 sqft
    2024-06-01 43 days 1,856 sqft
    2024-07-01 40 days 1,845 sqft
    2024-08-01 49 days 1,862 sqft
    2024-09-01 53 days 1,876 sqft
    2024-10-01 55 days 1,862 sqft
    2024-11-01 65 days 1,872 sqft
    2024-12-01 65 days 1,824 sqft
    2025-01-01 71 days 1,824 sqft
    2025-02-01 66 days 1,787 sqft
    2025-03-01 0 days 1,764 sqft
    Johnson City's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Johnson City's median square footage for active listings during the 2025-03-01 period was 1,764 sqft. One year prior, the average listing was 1,808 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.