Lumberton VA Loan Rates, Closing Costs & Stats

Lumberton, 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.

    Lumberton's 65 lenders originated 280 VA loans during 2024. The total origination value was $72,530,000, with an average VA loan value of $259,036.

    Lumberton VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Lumberton averaged 6.4% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Lumberton's average VA mortgage closing costs are $5,385.

    The average rate for the prior week (2025-03-28) was 6.62% and one month ago for the week of 2025-02-28, the average rate was 6.6%.

    The average rate one year ago was 6.91%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.72%.

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

    Lumberton 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 Lumberton level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 53 6.53% $4,829
    UNITED WHOLESALE MORTGAGE, LLC 20 5.97% $7,952
    FREEDOM MORTGAGE CORPORATION 20 5.96% $8,014
    VILLAGE CAPITAL MORTGAGE 14 6.12% $5,032
    NAVY FEDERAL CREDIT UNION 9 5.93% $5,126
    PENNYMAC LOAN SERVICES, LLC 8 5.72% $5,857
    MORTGAGE SOLUTIONS OF COLORADO, LLC 8 7.63% $5,388
    CORNERSTONE HOME LENDING, INC. 7 6.77% $7,400
    QUICKEN LOANS, LLC 6 6.47% $5,925
    NEW DAY FINANCIAL, LLC 5 7.64% $12,604
    Alcova Mortgage LLC 5 6.10% $1,972
    BROKER SOLUTIONS, INC. 5 6.58% $9,489
    MOVEMENT MORTGAGE, LLC 5 6.60% $13,295
    CROSSCOUNTRY MORTGAGE, LLC 5 6.55% $4,818
    LOANDEPOT.COM, LLC 4 6.84% $8,049
    American Security Mortgage Corp. 4 6.84% $9,961
    Equity Prime Mortgage LLC 4 6.78% $5,821
    SOUTHERN TRUST MORTGAGE, LLC 4 6.59% $9,526
    Integrity Home Mortgage Corp 3 7.21% $5,120
    Barrington Bank & Trust Company, N.A. 3 6.08% $3,203
    Flagstar Bank, FSB 3 5.08% $5,805
    GUARANTEED RATE, INC. 3 6.07% $7,290
    HOMESPIRE MORTGAGE CORPORATION 3 5.96% $4,426
    1ST SIGNATURE LENDING, LLC 3 6.92% $8,308
    INTERCOASTAL MORTGAGE COMPANY 3 6.67% $7,596
    UNION HOME MORTGAGE CORP. 3 6.63% $5,805
    USAA Federal Savings Bank 3 6.17% $7,965
    SUCCESS MORTGAGE PARTNERS, INC. 2 7.06% $5,082
    GUILD MORTGAGE COMPANY 2 6.63% $4,896
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.38% $7,017
    VERITAS FUNDING, LLC 2 6.50% $17,197
    Mid-Continent Funding, Inc. 2 6.19% $8,454
    MORTGAGEONE, INC. 2 6.31% $4,609
    CMG MORTGAGE, INC. 2 6.56% $8,637
    NEWREZ LLC 2 6.00% $4,855
    NFM, INC. 2 6.56% $13,059
    PLAZA HOME MORTGAGE, INC. 2 6.06% $6,819
    RELIANCE FIRST CAPITAL, LLC 2 7.50% $3,879
    SeaTrust Mortgage Company 2 6.81% $6,717
    ALLIED MORTGAGE GROUP, INC. 2 5.50% $6,248
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.00% $11,145
    Encompass Lending Group, LP 2 6.38% $11,506
    GoPrime Mortgage, Inc. 2 6.62% $12,414
    AmeriHome Mortgage Company, LLC 1 6.63% $2,847
    FLAT BRANCH MORTGAGE, INC. 1 5.75% $23,073
    SOUTHWEST STAGE FUNDING, LLC 1 5.88% $1,008
    North American Savings Bank, F.S.B. 1 6.12% $2,615
    AMERICAN FINANCING CORPORATION 1 5.99% $9,516
    PENTAGON FEDERAL CREDIT UNION 1 6.13% $0
    PHH Mortgage Corporation 1 5.63% $5,136
    Plains Commerce Bank 1 7.00% $8,264
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.75% $5,712
    PLANET HOME LENDING, LLC 1 5.63% $4,541
    Gateway First Bank 1 7.25% $1,515
    ALLIANT CREDIT UNION 1 5.75% $11,384
    Advance Financial Group, LLC 1 6.25% $2,458
    EMM LOANS LLC 1 6.75% $4,142
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.25% $10,536
    FIDELITY DIRECT MORTGAGE, LLC 1 7.13% $7,570
    CONTOUR MORTGAGE CORPORATION 1 8.00% $14,158
    SOVEREIGN LENDING GROUP INCORPORATED 1 6.25% $2,017
    CALCON MUTUAL MORTGAGE LLC 1 7.00% $18,401
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $9,525
    Nations Lending Corporation 1 6.25% $1,431
    Blue Ridge Bank 1 6.88% $4,868

    The top Lumberton VA lender as defined by loan originations is Mortgage Research Center, LLC, with 53 VA loans originated. Their average total fees are $4,829, which is $3,123 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Lumberton VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,829), VILLAGE CAPITAL MORTGAGE ($5,032), UNITED WHOLESALE MORTGAGE, LLC ($7,952), FREEDOM MORTGAGE CORPORATION ($8,014) and .

    The lowest rate Lumberton VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION (5.96%), UNITED WHOLESALE MORTGAGE, LLC (5.97%), VILLAGE CAPITAL MORTGAGE (6.12%), Mortgage Research Center, LLC (6.53%) and .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Lumberton (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 (9.3%) $143,934 (-0.8%) 0.00 212
    2018-02-01 $111,175 (-4.2%) $144,463 (-1.2%) 0.00 217
    2018-03-01 $114,900 (-7.2%) $147,811 (0.1%) 0.00 214
    2018-04-01 $117,450 (-6.0%) $145,620 (-5.2%) 0.00 214
    2018-05-01 $115,975 (-3.3%) $148,373 (-2.0%) 0.00 236
    2018-06-01 $118,000 (-3.7%) $148,892 (-1.2%) 0.00 249
    2018-07-01 $110,500 (-13.7%) $146,291 (-5.1%) 0.00 239
    2018-08-01 $119,900 (-4.1%) $156,741 (3.7%) 0.00 239
    2018-09-01 $115,000 (-10.0%) $155,976 (4.3%) 0.00 233
    2018-10-01 $120,100 (-7.2%) $163,259 (9.2%) 0.00 226
    2018-11-01 $123,500 (-0.7%) $161,300 (7.7%) 0.00 223
    2018-12-01 $119,900 (0.0%) $158,122 (8.1%) 0.00 218
    2019-01-01 $116,700 (-2.7%) $156,807 (8.9%) 0.00 218
    2019-02-01 $114,950 (3.4%) $151,872 (5.1%) 0.00 218
    2019-03-01 $115,300 (0.4%) $152,465 (3.2%) 0.00 214
    2019-04-01 $115,775 (-1.4%) $157,300 (8.0%) 0.00 210
    2019-05-01 $119,200 (2.8%) $161,038 (8.5%) 0.00 220
    2019-06-01 $120,000 (1.7%) $154,354 (3.7%) 0.00 219
    2019-07-01 $121,700 (10.1%) $159,605 (9.1%) 0.00 230
    2019-08-01 $125,000 (4.3%) $158,167 (0.9%) 0.00 227
    2019-09-01 $125,000 (8.7%) $155,479 (-0.3%) 0.00 221
    2019-10-01 $125,000 (4.1%) $154,853 (-5.2%) 0.00 215
    2019-11-01 $124,250 (0.6%) $155,360 (-3.7%) 0.00 195
    2019-12-01 $119,975 (0.1%) $150,150 (-5.0%) 0.00 199
    2020-01-01 $119,950 (2.8%) $150,183 (-4.2%) 0.00 184
    2020-02-01 $110,000 (-4.3%) $144,929 (-4.6%) 0.00 182
    2020-03-01 $115,450 (0.1%) $149,376 (-2.0%) 0.00 181
    2020-04-01 $120,000 (3.7%) $155,270 (-1.3%) 0.00 164
    2020-05-01 $123,250 (3.4%) $158,051 (-1.9%) 0.00 141
    2020-06-01 $115,000 (-4.2%) $168,124 (8.9%) 0.00 135
    2020-07-01 $136,700 (12.3%) $181,180 (13.5%) 0.00 131
    2020-08-01 $147,000 (17.6%) $189,516 (19.8%) 0.00 111
    2020-09-01 $148,450 (18.8%) $186,018 (19.6%) 0.00 98
    2020-10-01 $144,900 (15.9%) $182,204 (17.7%) 0.00 95
    2020-11-01 $142,450 (14.7%) $192,448 (23.9%) 0.00 84
    2020-12-01 $148,313 (23.6%) $206,536 (37.6%) 0.00 87
    2021-01-01 $164,500 (37.1%) $225,639 (50.2%) 0.00 82
    2021-02-01 $147,225 (33.8%) $208,132 (43.6%) 0.00 84
    2021-03-01 $139,250 (20.6%) $199,382 (33.5%) 0.00 71
    2021-04-01 $130,718 (8.9%) $206,103 (32.7%) 0.00 59
    2021-05-01 $163,750 (32.9%) $231,337 (46.4%) 0.00 65
    2021-06-01 $171,250 (48.9%) $232,107 (38.1%) 0.00 67
    2021-07-01 $169,900 (24.3%) $240,175 (32.6%) 0.00 68
    2021-08-01 $175,000 (19.1%) $230,936 (21.9%) 0.00 71
    2021-09-01 $170,000 (14.5%) $223,764 (20.3%) 0.00 77
    2021-10-01 $160,000 (10.4%) $202,252 (11.0%) 0.00 72
    2021-11-01 $169,950 (19.3%) $204,222 (6.1%) 0.00 70
    2021-12-01 $175,000 (18.0%) $211,230 (2.3%) 0.00 64
    2022-01-01 $175,000 (6.4%) $205,826 (-8.8%) 0.00 52
    2022-02-01 $192,750 (30.9%) $199,494 (-4.2%) 0.00 59
    2022-03-01 $180,000 (29.3%) $195,014 (-2.2%) 0.00 54
    2022-04-01 $207,500 (58.7%) $223,519 (8.5%) 0.00 51
    2022-05-01 $218,000 (33.1%) $231,541 (0.1%) 0.00 60
    2022-06-01 $193,950 (13.3%) $223,129 (-3.9%) 0.00 80
    2022-07-01 $222,500 (31.0%) $237,677 (-1.0%) 0.00 94
    2022-08-01 $217,225 (24.1%) $227,825 (-1.4%) 0.00 98
    2022-09-01 $219,750 (29.3%) $230,605 (3.1%) 0.00 106
    2022-10-01 $220,000 (37.5%) $238,835 (18.1%) 0.00 113
    2022-11-01 $242,850 (42.9%) $235,807 (15.5%) 0.00 120
    2022-12-01 $249,990 (42.9%) $256,419 (21.4%) 0.00 128
    2023-01-01 $252,490 (44.3%) $264,072 (28.3%) 0.00 116
    2023-02-01 $264,450 (37.2%) $281,960 (41.3%) 0.00 99
    2023-03-01 $257,950 (43.3%) $295,012 (51.3%) 0.00 78
    2023-04-01 $259,950 (25.3%) $283,544 (26.9%) 0.00 86
    2023-05-01 $259,925 (19.2%) $289,362 (25.0%) 0.00 89
    2023-06-01 $251,225 (29.5%) $278,496 (24.8%) 0.00 100
    2023-07-01 $254,900 (14.6%) $281,006 (18.2%) 0.00 109
    2023-08-01 $258,225 (18.9%) $275,506 (20.9%) 0.00 129
    2023-09-01 $259,000 (17.9%) $272,304 (18.1%) 0.00 116
    2023-10-01 $262,000 (19.1%) $287,493 (20.4%) 0.00 110
    2023-11-01 $261,963 (7.9%) $274,291 (16.3%) 0.00 127
    2023-12-01 $260,950 (4.4%) $295,778 (15.4%) 0.00 136
    2024-01-01 $249,850 (-1.1%) $292,101 (10.6%) 0.00 129
    2024-02-01 $247,350 (-6.5%) $285,228 (1.2%) 0.00 141
    2024-03-01 $249,450 (-3.3%) $284,769 (-3.5%) 0.00 147
    2024-04-01 $249,450 (-4.0%) $298,555 (5.3%) 0.00 124
    2024-05-01 $255,950 (-1.5%) $310,391 (7.3%) 0.00 127
    2024-06-01 $249,950 (-0.5%) $292,038 (4.9%) 0.00 132
    2024-07-01 $265,925 (4.3%) $287,198 (2.2%) 0.00 133
    2024-08-01 $266,450 (3.2%) $281,391 (2.1%) 0.00 125
    2024-09-01 $257,000 (-0.8%) $269,957 (-0.9%) 0.00 142
    2024-10-01 $252,250 (-3.7%) $271,786 (-5.5%) 0.00 155
    2024-11-01 $249,900 (-4.6%) $264,674 (-3.5%) 0.00 166
    2024-12-01 $249,600 (-4.4%) $269,975 (-8.7%) 0.00 158
    2025-01-01 $255,950 (2.4%) $275,093 (-5.8%) 0.00 161
    2025-02-01 $251,975 (1.9%) $299,305 (4.9%) 0.00 164
    2025-03-01 $250,000 (0.2%) $271,934 (-4.5%) 0.00 165
    Lumberton's median listing price for 2025-03-01 was $250,000, a difference of $550 (0.2%) versus the prior year and $-1,975 versus the prior month.

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

    Lumberton's average listing price for 2025-03-01 was $271,934, a difference of $-12,835 (-4.5%) versus the prior year and $-27,371 versus the prior month.

    For the 2025-03-01 period, Lumberton had 165 MLS listings, a difference of 1 listings (1%) versus the prior month and 18 listings (12%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Lumberton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,833 sqft
    2018-02-01 0 days 1,750 sqft
    2018-03-01 0 days 1,750 sqft
    2018-04-01 0 days 1,790 sqft
    2018-05-01 0 days 1,779 sqft
    2018-06-01 0 days 1,750 sqft
    2018-07-01 0 days 1,650 sqft
    2018-08-01 0 days 1,750 sqft
    2018-09-01 0 days 1,650 sqft
    2018-10-01 0 days 1,750 sqft
    2018-11-01 0 days 1,750 sqft
    2018-12-01 0 days 1,750 sqft
    2019-01-01 0 days 1,650 sqft
    2019-02-01 0 days 1,690 sqft
    2019-03-01 0 days 1,746 sqft
    2019-04-01 0 days 1,789 sqft
    2019-05-01 0 days 1,775 sqft
    2019-06-01 0 days 1,750 sqft
    2019-07-01 0 days 1,750 sqft
    2019-08-01 0 days 1,750 sqft
    2019-09-01 0 days 1,750 sqft
    2019-10-01 0 days 1,750 sqft
    2019-11-01 0 days 1,750 sqft
    2019-12-01 0 days 1,714 sqft
    2020-01-01 0 days 1,650 sqft
    2020-02-01 0 days 1,550 sqft
    2020-03-01 0 days 1,550 sqft
    2020-04-01 0 days 1,600 sqft
    2020-05-01 0 days 1,550 sqft
    2020-06-01 0 days 1,550 sqft
    2020-07-01 0 days 1,660 sqft
    2020-08-01 0 days 1,750 sqft
    2020-09-01 0 days 1,803 sqft
    2020-10-01 0 days 1,750 sqft
    2020-11-01 0 days 1,750 sqft
    2020-12-01 0 days 1,770 sqft
    2021-01-01 0 days 1,840 sqft
    2021-02-01 0 days 1,670 sqft
    2021-03-01 0 days 1,835 sqft
    2021-04-01 0 days 1,750 sqft
    2021-05-01 0 days 1,850 sqft
    2021-06-01 0 days 1,867 sqft
    2021-07-01 0 days 1,850 sqft
    2021-08-01 0 days 1,950 sqft
    2021-09-01 0 days 1,850 sqft
    2021-10-01 0 days 1,829 sqft
    2021-11-01 0 days 1,700 sqft
    2021-12-01 0 days 1,850 sqft
    2022-01-01 0 days 1,850 sqft
    2022-02-01 0 days 1,850 sqft
    2022-03-01 0 days 1,900 sqft
    2022-04-01 0 days 1,935 sqft
    2022-05-01 0 days 1,937 sqft
    2022-06-01 0 days 1,859 sqft
    2022-07-01 0 days 1,873 sqft
    2022-08-01 0 days 1,850 sqft
    2022-09-01 0 days 1,850 sqft
    2022-10-01 0 days 1,850 sqft
    2022-11-01 0 days 1,850 sqft
    2022-12-01 0 days 1,850 sqft
    2023-01-01 0 days 1,850 sqft
    2023-02-01 0 days 1,850 sqft
    2023-03-01 0 days 1,832 sqft
    2023-04-01 0 days 1,850 sqft
    2023-05-01 0 days 1,850 sqft
    2023-06-01 0 days 1,873 sqft
    2023-07-01 0 days 1,837 sqft
    2023-08-01 0 days 1,789 sqft
    2023-09-01 0 days 1,779 sqft
    2023-10-01 0 days 1,784 sqft
    2023-11-01 0 days 1,783 sqft
    2023-12-01 0 days 1,787 sqft
    2024-01-01 0 days 1,779 sqft
    2024-02-01 0 days 1,779 sqft
    2024-03-01 0 days 1,766 sqft
    2024-04-01 0 days 1,782 sqft
    2024-05-01 0 days 1,808 sqft
    2024-06-01 0 days 1,793 sqft
    2024-07-01 0 days 1,786 sqft
    2024-08-01 0 days 1,771 sqft
    2024-09-01 0 days 1,604 sqft
    2024-10-01 0 days 1,628 sqft
    2024-11-01 0 days 1,611 sqft
    2024-12-01 0 days 1,601 sqft
    2025-01-01 0 days 1,654 sqft
    2025-02-01 0 days 1,637 sqft
    2025-03-01 0 days 1,714 sqft
    Lumberton's median listing age (time on market) for 2025-03-01 was 0 days.

    Lumberton's median square footage for active listings during the 2025-03-01 period was 1,714 sqft. One year prior, the average listing was 1,766 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.