Kinston VA Loan Rates, Closing Costs & Stats

Kinston, NC

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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.

    Kinston's 44 lenders originated 155 VA loans during 2024. The total origination value was $37,815,000, with an average VA loan value of $243,968.

    Kinston VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Kinston averaged 6.94% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Kinston's average VA mortgage closing costs are $5,002.

    The average rate for the prior week (2025-05-16) was 6.82% and one month ago for the week of 2025-04-18, the average rate was 6.8%.

    The average rate one year ago was 6.81%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.62%.

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

    Kinston 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 Kinston level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 27 6.45% $3,761
    DHI MORTGAGE COMPANY, LTD. 18 4.92% $5,848
    MOVEMENT MORTGAGE, LLC 10 6.54% $6,291
    UNITED WHOLESALE MORTGAGE, LLC 9 5.78% $7,997
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 7 6.64% $7,967
    MICHIGAN MUTUAL, INC. 7 6.45% $4,557
    PENNYMAC LOAN SERVICES, LLC 5 5.68% $5,698
    GUARANTEED RATE, INC. 4 6.33% $4,435
    FBC MORTGAGE, LLC 4 5.84% $9,021
    VILLAGE CAPITAL MORTGAGE 4 5.50% $3,829
    QUICKEN LOANS, LLC 3 6.04% $6,152
    GUILD MORTGAGE COMPANY 3 6.75% $7,503
    CROSSCOUNTRY MORTGAGE, LLC 3 6.50% $3,243
    NAVY FEDERAL CREDIT UNION 3 5.83% $5,747
    FREEDOM MORTGAGE CORPORATION 3 6.42% $6,294
    CORNERSTONE HOME LENDING, INC. 2 5.87% $7,097
    INTERCOASTAL MORTGAGE COMPANY 2 7.19% $6,461
    LAKEVIEW LOAN SERVICING, LLC 2 5.50% $5,668
    American Security Mortgage Corp. 2 5.69% $12,892
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.50% $2,111
    NEWREZ LLC 2 5.87% $8,123
    USAA Federal Savings Bank 1 5.75% $6,349
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.75% $990
    Wells Fargo Bank 1 6.50% $2,633
    Alcova Mortgage LLC 1 7.25% $8,868
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $3,194
    Armed Forces Bank 1 6.13% $11,122
    EMM LOANS LLC 1 5.99% $50
    Equity Prime Mortgage LLC 1 8.25% $0
    Flagstar Bank, FSB 1 6.52% $0
    Integrity Home Mortgage Corp 1 5.75% $3,046
    INTERCAP LENDING INC. 1 4.88% $11,067
    LOANPAL, LLC 1 6.25% $7,518
    Mid-Continent Funding, Inc. 1 6.75% $6,938
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $9,914
    NEW DAY FINANCIAL, LLC 1 7.99% $6,268
    North American Savings Bank, F.S.B. 1 5.75% $525
    PLANET HOME LENDING, LLC 1 6.25% $2,341
    RAPID MORTGAGE COMPANY 1 6.99% $11,572
    Southern Bank and Trust Company 1 5.88% $6,781
    SUCCESS MORTGAGE PARTNERS, INC. 1 5.63% $4,852
    SUN WEST MORTGAGE COMPANY, INC. 1 5.25% $5,394
    TIDEWATER MORTGAGE SERVICES, INC. 1 6.25% $18,527
    Truist 1 5.75% $18,298

    The top Kinston VA lender as defined by loan originations is Mortgage Research Center, LLC, with 27 VA loans originated. Their average total fees are $3,761, which is $2,087 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Kinston VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,761), DHI MORTGAGE COMPANY, LTD. ($5,848), MOVEMENT MORTGAGE, LLC ($6,291), .

    The lowest rate Kinston VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.92%), Mortgage Research Center, LLC (6.45%), MOVEMENT MORTGAGE, LLC (6.54%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Kinston (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 $114,950 (-3.4%) $130,920 (-6.5%) 0.00 200
    2018-02-01 $114,900 (-5.0%) $130,791 (-10.0%) 0.00 199
    2018-03-01 $119,000 (-7.2%) $131,613 (-10.2%) 0.00 196
    2018-04-01 $119,000 (-7.8%) $134,463 (-6.2%) 0.00 183
    2018-05-01 $113,425 (-8.8%) $131,031 (-5.4%) 0.00 171
    2018-06-01 $115,000 (-7.2%) $133,755 (-3.7%) 0.00 156
    2018-07-01 $122,425 (-2.0%) $140,123 (3.4%) 0.00 159
    2018-08-01 $115,000 (-7.9%) $136,785 (2.0%) 0.00 152
    2018-09-01 $119,900 (0.0%) $142,141 (6.9%) 0.00 153
    2018-10-01 $122,275 (2.0%) $140,097 (5.2%) 0.00 134
    2018-11-01 $119,100 (4.2%) $141,818 (10.1%) 0.00 126
    2018-12-01 $119,000 (3.6%) $142,712 (9.9%) 0.00 128
    2019-01-01 $119,000 (3.5%) $149,291 (14.0%) 0.00 114
    2019-02-01 $119,000 (3.6%) $155,465 (18.9%) 0.00 100
    2019-03-01 $119,429 (0.4%) $161,845 (23.0%) 0.00 94
    2019-04-01 $124,250 (4.4%) $163,733 (21.8%) 0.00 93
    2019-05-01 $129,800 (14.4%) $167,893 (28.1%) 0.00 103
    2019-06-01 $129,000 (12.2%) $160,606 (20.1%) 0.00 114
    2019-07-01 $124,500 (1.7%) $153,722 (9.7%) 0.00 108
    2019-08-01 $124,859 (8.6%) $158,550 (15.9%) 0.00 106
    2019-09-01 $117,598 (-1.9%) $155,766 (9.6%) 0.00 103
    2019-10-01 $114,007 (-6.8%) $153,341 (9.5%) 0.00 101
    2019-11-01 $109,950 (-7.7%) $140,251 (-1.1%) 0.00 115
    2019-12-01 $100,050 (-15.9%) $132,852 (-6.9%) 0.00 117
    2020-01-01 $114,400 (-3.9%) $136,831 (-8.4%) 0.00 102
    2020-02-01 $114,900 (-3.5%) $136,362 (-12.3%) 0.00 108
    2020-03-01 $113,725 (-4.8%) $139,194 (-14.0%) 0.00 104
    2020-04-01 $114,950 (-7.5%) $150,513 (-8.1%) 0.00 94
    2020-05-01 $118,950 (-8.4%) $146,635 (-12.7%) 0.00 89
    2020-06-01 $124,425 (-3.6%) $156,760 (-2.4%) 0.00 68
    2020-07-01 $123,200 (-1.0%) $163,560 (6.4%) 0.00 63
    2020-08-01 $129,450 (3.7%) $170,647 (7.6%) 0.00 55
    2020-09-01 $129,999 (10.6%) $168,922 (8.5%) 0.00 47
    2020-10-01 $137,500 (20.6%) $179,919 (17.3%) 0.00 45
    2020-11-01 $148,450 (35.0%) $179,929 (28.3%) 0.00 55
    2020-12-01 $138,350 (38.3%) $160,292 (20.7%) 0.00 52
    2021-01-01 $148,000 (29.4%) $175,434 (28.2%) 0.00 47
    2021-02-01 $134,900 (17.4%) $169,139 (24.0%) 0.00 43
    2021-03-01 $125,000 (9.9%) $164,852 (18.4%) 0.00 33
    2021-04-01 $135,225 (17.6%) $173,146 (15.0%) 0.00 34
    2021-05-01 $125,000 (5.1%) $173,309 (18.2%) 0.00 32
    2021-06-01 $159,925 (28.5%) $183,245 (16.9%) 0.00 35
    2021-07-01 $154,900 (25.7%) $181,706 (11.1%) 0.00 33
    2021-08-01 $149,975 (15.9%) $198,248 (16.2%) 0.00 34
    2021-09-01 $153,500 (18.1%) $204,737 (21.2%) 0.00 40
    2021-10-01 $150,000 (9.1%) $211,114 (17.3%) 0.00 38
    2021-11-01 $172,750 (16.4%) $211,293 (17.4%) 0.00 38
    2021-12-01 $153,725 (11.1%) $196,007 (22.3%) 0.00 37
    2022-01-01 $157,450 (6.4%) $197,435 (12.5%) 0.00 35
    2022-02-01 $151,200 (12.1%) $191,519 (13.2%) 0.00 32
    2022-03-01 $184,000 (47.2%) $214,209 (29.9%) 0.00 32
    2022-04-01 $177,000 (30.9%) $204,324 (18.0%) 0.00 36
    2022-05-01 $186,450 (49.2%) $201,198 (16.1%) 0.00 50
    2022-06-01 $192,725 (20.5%) $206,011 (12.4%) 0.00 66
    2022-07-01 $207,500 (34.0%) $220,632 (21.4%) 0.00 88
    2022-08-01 $207,725 (38.5%) $226,305 (14.2%) 0.00 87
    2022-09-01 $212,475 (38.4%) $226,563 (10.7%) 0.00 88
    2022-10-01 $226,500 (51.0%) $233,822 (10.8%) 0.00 100
    2022-11-01 $221,445 (28.2%) $254,722 (20.6%) 0.00 113
    2022-12-01 $235,990 (53.5%) $280,385 (43.1%) 0.00 121
    2023-01-01 $241,196 (53.2%) $290,079 (46.9%) 0.00 116
    2023-02-01 $240,450 (59.0%) $291,435 (52.2%) 0.00 112
    2023-03-01 $239,450 (30.1%) $294,357 (37.4%) 0.00 98
    2023-04-01 $229,000 (29.4%) $234,562 (14.8%) 0.00 73
    2023-05-01 $242,470 (30.1%) $278,613 (38.5%) 0.00 84
    2023-06-01 $257,748 (33.7%) $313,719 (52.3%) 0.00 97
    2023-07-01 $250,990 (21.0%) $316,372 (43.4%) 0.00 95
    2023-08-01 $247,740 (19.3%) $308,701 (36.4%) 0.00 95
    2023-09-01 $279,900 (31.7%) $320,632 (41.5%) 0.00 105
    2023-10-01 $263,700 (16.4%) $294,748 (26.1%) 0.00 93
    2023-11-01 $239,813 (8.3%) $280,370 (10.1%) 0.00 116
    2023-12-01 $236,500 (0.2%) $272,323 (-2.9%) 0.00 115
    2024-01-01 $219,500 (-9.0%) $233,334 (-19.6%) 0.00 91
    2024-02-01 $231,175 (-3.9%) $249,436 (-14.4%) 0.00 86
    2024-03-01 $230,000 (-4.0%) $252,378 (-14.3%) 0.00 87
    2024-04-01 $238,675 (4.2%) $254,686 (8.6%) 0.00 93
    2024-05-01 $234,750 (-3.2%) $250,043 (-10.3%) 0.00 91
    2024-06-01 $236,250 (-8.3%) $247,793 (-21.0%) 0.00 94
    2024-07-01 $243,450 (-3.0%) $259,227 (-18.1%) 0.00 106
    2024-08-01 $241,990 (-2.3%) $246,908 (-20.0%) 0.00 114
    2024-09-01 $234,125 (-16.4%) $239,382 (-25.3%) 0.00 111
    2024-10-01 $229,925 (-12.8%) $231,537 (-21.5%) 0.00 108
    2024-11-01 $229,900 (-4.1%) $234,811 (-16.3%) 0.00 105
    2024-12-01 $229,945 (-2.8%) $247,873 (-9.0%) 0.00 107
    2025-01-01 $239,750 (9.2%) $252,176 (8.1%) 0.00 100
    2025-02-01 $236,175 (2.2%) $245,444 (-1.6%) 0.00 87
    2025-03-01 $239,900 (4.3%) $246,358 (-2.4%) 0.00 90
    2025-04-01 $244,950 (2.6%) $255,699 (0.4%) 0.00 95
    Kinston's median listing price for 2025-04-01 was $244,950, a difference of $6,275 (2.6%) versus the prior year and $5,050 versus the prior month.

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

    Kinston's average listing price for 2025-04-01 was $255,699, a difference of $1,013 (0.4%) versus the prior year and $9,341 versus the prior month.

    For the 2025-04-01 period, Kinston had 95 MLS listings, a difference of 5 listings (6%) versus the prior month and 2 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Kinston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,863 sqft
    2018-02-01 0 days 1,866 sqft
    2018-03-01 0 days 1,825 sqft
    2018-04-01 0 days 1,836 sqft
    2018-05-01 0 days 1,813 sqft
    2018-06-01 0 days 1,840 sqft
    2018-07-01 0 days 1,819 sqft
    2018-08-01 0 days 1,760 sqft
    2018-09-01 0 days 1,862 sqft
    2018-10-01 0 days 1,930 sqft
    2018-11-01 0 days 1,845 sqft
    2018-12-01 0 days 1,800 sqft
    2019-01-01 0 days 1,827 sqft
    2019-02-01 0 days 1,791 sqft
    2019-03-01 0 days 1,799 sqft
    2019-04-01 0 days 1,812 sqft
    2019-05-01 0 days 1,937 sqft
    2019-06-01 0 days 1,947 sqft
    2019-07-01 0 days 1,943 sqft
    2019-08-01 0 days 1,907 sqft
    2019-09-01 0 days 1,839 sqft
    2019-10-01 0 days 1,812 sqft
    2019-11-01 0 days 1,805 sqft
    2019-12-01 0 days 1,772 sqft
    2020-01-01 0 days 1,766 sqft
    2020-02-01 0 days 1,746 sqft
    2020-03-01 0 days 1,756 sqft
    2020-04-01 0 days 1,781 sqft
    2020-05-01 0 days 1,805 sqft
    2020-06-01 0 days 1,863 sqft
    2020-07-01 0 days 1,823 sqft
    2020-08-01 0 days 1,901 sqft
    2020-09-01 0 days 1,912 sqft
    2020-10-01 0 days 1,948 sqft
    2020-11-01 0 days 2,014 sqft
    2020-12-01 0 days 1,900 sqft
    2021-01-01 0 days 1,818 sqft
    2021-02-01 0 days 1,811 sqft
    2021-03-01 0 days 1,579 sqft
    2021-04-01 0 days 1,614 sqft
    2021-05-01 0 days 1,739 sqft
    2021-06-01 0 days 2,008 sqft
    2021-07-01 0 days 1,874 sqft
    2021-08-01 0 days 1,949 sqft
    2021-09-01 0 days 1,942 sqft
    2021-10-01 0 days 1,805 sqft
    2021-11-01 0 days 1,857 sqft
    2021-12-01 0 days 1,808 sqft
    2022-01-01 0 days 1,712 sqft
    2022-02-01 0 days 1,718 sqft
    2022-03-01 0 days 1,800 sqft
    2022-04-01 0 days 1,654 sqft
    2022-05-01 0 days 1,718 sqft
    2022-06-01 0 days 1,814 sqft
    2022-07-01 0 days 1,895 sqft
    2022-08-01 0 days 1,895 sqft
    2022-09-01 0 days 1,866 sqft
    2022-10-01 0 days 1,890 sqft
    2022-11-01 0 days 1,805 sqft
    2022-12-01 0 days 1,626 sqft
    2023-01-01 0 days 1,609 sqft
    2023-02-01 0 days 1,657 sqft
    2023-03-01 0 days 1,593 sqft
    2023-04-01 0 days 1,843 sqft
    2023-05-01 0 days 1,765 sqft
    2023-06-01 0 days 1,662 sqft
    2023-07-01 0 days 1,664 sqft
    2023-08-01 0 days 1,712 sqft
    2023-09-01 0 days 1,644 sqft
    2023-10-01 0 days 1,773 sqft
    2023-11-01 0 days 1,676 sqft
    2023-12-01 0 days 1,698 sqft
    2024-01-01 0 days 1,769 sqft
    2024-02-01 0 days 1,788 sqft
    2024-03-01 0 days 1,777 sqft
    2024-04-01 0 days 1,794 sqft
    2024-05-01 0 days 1,764 sqft
    2024-06-01 0 days 1,751 sqft
    2024-07-01 0 days 1,767 sqft
    2024-08-01 0 days 1,843 sqft
    2024-09-01 0 days 1,761 sqft
    2024-10-01 0 days 1,758 sqft
    2024-11-01 0 days 1,710 sqft
    2024-12-01 0 days 1,767 sqft
    2025-01-01 0 days 1,755 sqft
    2025-02-01 0 days 1,707 sqft
    2025-03-01 0 days 1,740 sqft
    2025-04-01 0 days 1,721 sqft
    Kinston's median listing age (time on market) for 2025-04-01 was 0 days.

    Kinston's median square footage for active listings during the 2025-04-01 period was 1,721 sqft. One year prior, the average listing was 1,794 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.