Kingsport VA Loan Rates, Closing Costs & Stats

KINGSPORT-BRISTOL, TN-VA

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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.

    Kingsport's 88 lenders originated 641 VA loans during 2024. The total origination value was $187,235,000, with an average VA loan value of $292,098.

    Kingsport VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Kingsport averaged 0.46% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Kingsport's average VA mortgage closing costs are $5,378.

    The average rate for the prior week (2025-06-27) was 6.99% and one month ago for the week of 2025-05-30, the average rate was 6.92%.

    The average rate one year ago was 6.84%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.02%.

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

    Kingsport 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 Kingsport level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 127 6.35% $4,443
    UNITED WHOLESALE MORTGAGE, LLC 78 5.96% $5,450
    QUICKEN LOANS, LLC 45 6.16% $11,112
    FREEDOM MORTGAGE CORPORATION 31 6.08% $5,999
    MOVEMENT MORTGAGE, LLC 29 6.45% $6,904
    DHI MORTGAGE COMPANY, LTD. 19 5.93% $5,160
    PENNYMAC LOAN SERVICES, LLC 18 5.67% $7,343
    NEW DAY FINANCIAL, LLC 17 7.61% $9,616
    USAA Federal Savings Bank 16 6.06% $5,283
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 15 6.26% $6,392
    CARDINAL FINANCIAL 14 6.80% $9,969
    NAVY FEDERAL CREDIT UNION 11 5.86% $4,319
    MORTGAGE INVESTORS GROUP, INC. 11 6.11% $5,446
    VILLAGE CAPITAL MORTGAGE 11 5.86% $4,797
    LAKEVIEW LOAN SERVICING, LLC 8 5.72% $6,192
    Carrington Mortgage Services, LLC 8 6.20% $8,666
    The Federal Savings Bank 7 6.14% $11,917
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 6.40% $6,764
    Sierra Pacific Mortgage Company, Inc. 5 5.90% $11,056
    GVC MORTGAGE, INC. 5 6.48% $3,292
    NEWREZ LLC 5 6.13% $6,351
    EVERETT FINANCIAL, INC. 5 6.78% $5,394
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.15% $1,794
    BROKER SOLUTIONS, INC. 4 6.19% $9,988
    Barrington Bank & Trust Company, N.A. 4 6.22% $3,808
    FIRST COMMUNITY MORTGAGE, INC. 4 6.25% $4,546
    ROSS MORTGAGE CORPORATION 4 6.12% $9,276
    STOCKTON MORTGAGE CORPORATION 4 6.47% $7,382
    VERITAS FUNDING, LLC 4 6.97% $8,877
    Mid-Continent Funding, Inc. 4 5.84% $5,744
    AMERICAN FINANCIAL RESOURCES, INC. 3 6.38% $2,790
    GUILD MORTGAGE COMPANY 3 6.96% $8,280
    EASTMAN 3 6.71% $4,032
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 8.17% $4,178
    ALAMEDA MORTGAGE CORPORATION 3 6.96% $6,098
    CLEARPATH LENDING 3 5.75% $3,065
    LOANDEPOT.COM, LLC 3 6.54% $5,817
    CROSSCOUNTRY MORTGAGE, LLC 3 6.85% $7,161
    Equity Prime Mortgage LLC 3 6.42% $6,403
    PENTAGON FEDERAL CREDIT UNION 3 6.08% $8,261
    Century Mortgage Company DBA Century Lending Company 3 6.67% $3,174
    GUARANTEED RATE, INC. 3 6.61% $5,300
    UNION HOME MORTGAGE CORP. 2 6.50% $7,067
    LEADERONE FINANCIAL CORPORATION 2 6.69% $10,841
    PLANET HOME LENDING, LLC 2 5.88% $3,048
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 2 7.44% $4,213
    CMG MORTGAGE, INC. 2 5.94% $4,807
    CORNERSTONE HOME LENDING, INC. 2 6.75% $7,357
    NBKC BANK 2 6.44% $8,376
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $16,713
    AMERISAVE MORTGAGE CORPORATION 1 5.50% $36,108
    Ameris Bank 1 5.75% $5,987
    Bank of England 1 6.75% $4,707
    Bank of Tennessee 1 6.75% $3,707
    CALCON MUTUAL MORTGAGE LLC 1 7.49% $11,872
    CAPITAL CENTER, L.L.C. 1 6.25% $600
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.12% $18,349
    DELMAR FINANCIAL COMPANY 1 6.50% $8,023
    ENDEAVOR CAPITAL, LLC. 1 5.88% $4,775
    Financial Funding Solutions, Inc. 1 6.63% $0
    FIRST COLONY MORTGAGE CORPORATION 1 7.13% $7,275
    First Federal Bank 1 6.50% $10,680
    Flagstar Bank, FSB 1 6.25% $12,784
    Gateway First Bank 1 6.75% $16,500
    GREENSTATE CREDIT UNION 1 6.50% $3,938
    HomePromise Corporation 1 6.38% $945
    LENOX FINANCIAL MORTGAGE CORPORATION 1 5.25% $7,001
    Magnolia Bank 1 6.50% $32,489
    MILEND, INC. 1 7.25% $8,013
    MORIA DEVELOPMENT, INC. 1 6.75% $12,149
    MORTGAGEONE, INC. 1 7.38% $2,760
    Mr. Cooper ( Nationstar Mortgage ) 1 5.13% $11,738
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.75% $36,907
    Nations Lending Corporation 1 5.75% $9,808
    PHH Mortgage Corporation 1 5.99% $2,743
    Plains Commerce Bank 1 6.00% $7,606
    PLAZA HOME MORTGAGE, INC. 1 5.13% $4,316
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $3,511
    RELIANCE FIRST CAPITAL, LLC 1 5.63% $15,351
    Renasant Bank 1 6.25% $9,899
    RUOFF MORTGAGE COMPANY, INC. 1 6.75% $6,099
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.63% $7,885
    SIRVA MORTGAGE, INC. 1 6.38% $0
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.13% $6,366
    T2 FINANCIAL LLC 1 6.25% $18,440
    U.S. Bank 1 6.13% $7,346
    VAN DYK MORTGAGE CORPORATION 1 5.38% $26,024
    Wolfe Financial, Inc 1 6.75% $14,290

    The top Kingsport VA lender as defined by loan originations is Mortgage Research Center, LLC, with 127 VA loans originated. Their average total fees are $4,443, which is $1,007 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Kingsport VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($4,319), Mortgage Research Center, LLC ($4,443), VILLAGE CAPITAL MORTGAGE ($4,797), DHI MORTGAGE COMPANY, LTD. ($5,160) and USAA Federal Savings Bank ($5,283).

    The lowest rate Kingsport VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.67%), VILLAGE CAPITAL MORTGAGE (5.86%), NAVY FEDERAL CREDIT UNION (5.86%), DHI MORTGAGE COMPANY, LTD. (5.93%) and UNITED WHOLESALE MORTGAGE, LLC (5.96%).

    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.