Mccomb VA Loan Rates, Closing Costs & Stats

McComb, MS

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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.

    Mccomb's 14 lenders originated 25 VA loans during 2023. The total origination value was $5,445,000, with an average VA loan value of $217,800.

    Mccomb VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Mccomb averaged 6.47% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Mccomb's average VA mortgage closing costs are $4,606.

    The average rate for the prior week (2025-02-07) was 6.8% and one month ago for the week of 2025-01-10, the average rate was 6.54%.

    The average rate one year ago was 6.46%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.23%.

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

    Mccomb 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 Mccomb level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 6 7.00% $3,277
    FIDELITY BANK 4 6.69% $6,927
    NAVY FEDERAL CREDIT UNION 2 5.69% $1,421
    QUICKEN LOANS, LLC 2 5.81% $11,642
    MOVEMENT MORTGAGE, LLC 2 7.63% $2,970
    MORTGAGE INVESTORS GROUP, INC. 1 7.25% $36,098
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $13,648
    NEW DAY FINANCIAL, LLC 1 7.75% $5,220
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 7.25% $6,158
    USAA Federal Savings Bank 1 6.25% $9,028
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $5,705
    FREEDOM MORTGAGE CORPORATION 1 5.50% $7,398
    JPMorgan Chase Bank 1 6.50% $1,412
    LOANDEPOT.COM, LLC 1 6.99% $8,831

    The top Mccomb VA lender as defined by loan originations is Mortgage Research Center, LLC, with 6 VA loans originated. Their average total fees are $3,277, which is $3,650 lower than the next largest lender, FIDELITY BANK.

    The lowest fee Mccomb VA lenders (with over 10 loans originated) are .

    The lowest rate Mccomb VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Mccomb (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 $139,200 (-0.5%) $188,496 (-2.8%) 0.00 255
    2018-02-01 $132,000 (-6.6%) $187,442 (-3.3%) 0.00 260
    2018-03-01 $128,900 (-13.6%) $179,582 (-8.8%) 0.00 274
    2018-04-01 $126,950 (-9.3%) $179,913 (-7.2%) 0.00 285
    2018-05-01 $119,975 (-14.3%) $169,651 (-13.2%) 0.00 286
    2018-06-01 $124,900 (-10.0%) $172,692 (-10.7%) 0.00 300
    2018-07-01 $125,000 (-7.1%) $177,438 (-5.1%) 0.00 308
    2018-08-01 $124,725 (-8.4%) $175,656 (-7.8%) 0.00 312
    2018-09-01 $125,000 (-4.9%) $175,184 (-5.7%) 0.00 319
    2018-10-01 $124,900 (-7.5%) $178,404 (-4.8%) 0.00 315
    2018-11-01 $124,900 (-8.9%) $178,870 (-4.2%) 0.00 313
    2018-12-01 $125,000 (-10.7%) $181,120 (-6.3%) 0.00 318
    2019-01-01 $124,950 (-10.2%) $180,353 (-4.3%) 0.00 302
    2019-02-01 $129,325 (-2.0%) $183,817 (-1.9%) 0.00 306
    2019-03-01 $129,900 (0.8%) $186,535 (3.9%) 0.00 289
    2019-04-01 $129,900 (2.3%) $186,859 (3.9%) 0.00 273
    2019-05-01 $129,900 (8.3%) $183,635 (8.2%) 0.00 270
    2019-06-01 $132,500 (6.1%) $176,377 (2.1%) 0.00 255
    2019-07-01 $129,250 (3.4%) $171,123 (-3.6%) 0.00 252
    2019-08-01 $132,311 (6.1%) $175,010 (-0.4%) 0.00 251
    2019-09-01 $136,903 (9.5%) $179,359 (2.4%) 0.00 251
    2019-10-01 $139,965 (12.1%) $183,023 (2.6%) 0.00 244
    2019-11-01 $132,400 (6.0%) $182,765 (2.2%) 0.00 246
    2019-12-01 $129,900 (3.9%) $189,265 (4.5%) 0.00 248
    2020-01-01 $129,800 (3.9%) $189,171 (4.9%) 0.00 246
    2020-02-01 $129,500 (0.1%) $190,806 (3.8%) 0.00 240
    2020-03-01 $137,500 (5.9%) $198,192 (6.3%) 0.00 237
    2020-04-01 $135,625 (4.4%) $196,460 (5.1%) 0.00 231
    2020-05-01 $133,700 (2.9%) $192,533 (4.9%) 0.00 218
    2020-06-01 $130,000 (-1.9%) $194,855 (10.5%) 0.00 206
    2020-07-01 $134,375 (4.0%) $200,453 (17.1%) 0.00 184
    2020-08-01 $133,700 (1.1%) $199,480 (14.0%) 0.00 188
    2020-09-01 $149,900 (9.5%) $211,235 (17.8%) 0.00 172
    2020-10-01 $149,900 (7.1%) $211,668 (15.7%) 0.00 162
    2020-11-01 $150,425 (13.6%) $214,187 (17.2%) 0.00 155
    2020-12-01 $149,975 (15.5%) $217,775 (15.1%) 0.00 136
    2021-01-01 $159,900 (23.2%) $225,405 (19.2%) 0.00 130
    2021-02-01 $166,450 (28.5%) $228,502 (19.8%) 0.00 114
    2021-03-01 $179,375 (30.5%) $252,872 (27.6%) 0.00 100
    2021-04-01 $175,925 (29.7%) $264,633 (34.7%) 0.00 81
    2021-05-01 $169,000 (26.4%) $269,767 (40.1%) 0.00 70
    2021-06-01 $172,250 (32.5%) $270,709 (38.9%) 0.00 82
    2021-07-01 $169,000 (25.8%) $256,064 (27.7%) 0.00 91
    2021-08-01 $160,625 (20.1%) $252,613 (26.6%) 0.00 87
    2021-09-01 $139,900 (-6.7%) $247,395 (17.1%) 0.00 89
    2021-10-01 $161,950 (8.0%) $246,954 (16.7%) 0.00 94
    2021-11-01 $182,500 (21.3%) $263,962 (23.2%) 0.00 83
    2021-12-01 $194,500 (29.7%) $259,274 (19.1%) 0.00 82
    2022-01-01 $175,000 (9.4%) $242,668 (7.7%) 0.00 77
    2022-02-01 $170,200 (2.3%) $246,328 (7.8%) 0.00 61
    2022-03-01 $171,950 (-4.1%) $252,188 (-0.3%) 0.00 65
    2022-04-01 $171,950 (-2.3%) $254,280 (-3.9%) 0.00 56
    2022-05-01 $174,125 (3.0%) $271,637 (0.7%) 0.00 69
    2022-06-01 $174,750 (1.5%) $248,528 (-8.2%) 0.00 81
    2022-07-01 $182,500 (8.0%) $239,463 (-6.5%) 0.00 82
    2022-08-01 $189,475 (18.0%) $257,674 (2.0%) 0.00 80
    2022-09-01 $188,993 (35.1%) $342,964 (38.6%) 0.00 83
    2022-10-01 $187,250 (15.6%) $322,903 (30.8%) 0.00 107
    2022-11-01 $182,250 (-0.1%) $295,622 (12.0%) 0.00 108
    2022-12-01 $185,500 (-4.6%) $280,417 (8.2%) 0.00 112
    2023-01-01 $178,250 (1.9%) $279,259 (15.1%) 0.00 105
    2023-02-01 $170,000 (-0.1%) $260,765 (5.9%) 0.00 101
    2023-03-01 $168,725 (-1.9%) $264,782 (5.0%) 0.00 97
    2023-04-01 $179,000 (4.1%) $260,925 (2.6%) 0.00 102
    2023-05-01 $169,000 (-2.9%) $247,330 (-9.0%) 0.00 104
    2023-06-01 $173,725 (-0.6%) $267,357 (7.6%) 0.00 110
    2023-07-01 $189,900 (4.1%) $282,515 (18.0%) 0.00 109
    2023-08-01 $179,725 (-5.2%) $265,883 (3.2%) 0.00 113
    2023-09-01 $169,950 (-10.1%) $255,782 (-25.4%) 0.00 123
    2023-10-01 $173,450 (-7.4%) $268,290 (-16.9%) 0.00 127
    2023-11-01 $185,000 (1.5%) $259,568 (-12.2%) 0.00 135
    2023-12-01 $179,250 (-3.4%) $226,004 (-19.4%) 0.00 124
    2024-01-01 $179,250 (0.6%) $229,616 (-17.8%) 0.00 121
    2024-02-01 $179,900 (5.8%) $239,665 (-8.1%) 0.00 115
    2024-03-01 $205,000 (21.5%) $265,593 (0.3%) 0.00 111
    2024-04-01 $215,750 (20.5%) $276,748 (6.1%) 0.00 107
    2024-05-01 $219,000 (29.6%) $292,874 (18.4%) 0.00 101
    2024-06-01 $237,000 (36.4%) $291,100 (8.9%) 0.00 104
    2024-07-01 $249,375 (31.3%) $271,299 (-4.0%) 0.00 112
    2024-08-01 $229,000 (27.4%) $265,836 (0.0%) 0.00 118
    2024-09-01 $226,900 (33.5%) $273,718 (7.0%) 0.00 116
    2024-10-01 $214,000 (23.4%) $268,799 (0.2%) 0.00 118
    2024-11-01 $199,675 (7.9%) $262,253 (1.0%) 0.00 127
    2024-12-01 $200,850 (12.1%) $267,808 (18.5%) 0.00 115
    2025-01-01 $199,000 (11.0%) $260,797 (13.6%) 0.00 117
    Mccomb's median listing price for 2025-01-01 was $199,000, a difference of $19,750 (11.0%) versus the prior year and $-1,850 versus the prior month.

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

    Mccomb's average listing price for 2025-01-01 was $260,797, a difference of $31,181 (13.6%) versus the prior year and $-7,011 versus the prior month.

    For the 2025-01-01 period, Mccomb had 117 MLS listings, a difference of 2 listings (2%) versus the prior month and -4 listings (-3%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Mccomb (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,953 sqft
    2018-02-01 0 days 1,982 sqft
    2018-03-01 0 days 1,907 sqft
    2018-04-01 0 days 1,910 sqft
    2018-05-01 0 days 1,905 sqft
    2018-06-01 0 days 1,906 sqft
    2018-07-01 0 days 1,920 sqft
    2018-08-01 0 days 1,923 sqft
    2018-09-01 0 days 1,901 sqft
    2018-10-01 0 days 1,885 sqft
    2018-11-01 0 days 1,880 sqft
    2018-12-01 0 days 1,875 sqft
    2019-01-01 0 days 1,880 sqft
    2019-02-01 0 days 1,882 sqft
    2019-03-01 0 days 1,883 sqft
    2019-04-01 0 days 1,877 sqft
    2019-05-01 0 days 1,848 sqft
    2019-06-01 0 days 1,848 sqft
    2019-07-01 0 days 1,830 sqft
    2019-08-01 0 days 1,846 sqft
    2019-09-01 0 days 1,857 sqft
    2019-10-01 0 days 1,877 sqft
    2019-11-01 0 days 1,909 sqft
    2019-12-01 0 days 1,896 sqft
    2020-01-01 0 days 1,895 sqft
    2020-02-01 0 days 1,902 sqft
    2020-03-01 0 days 1,892 sqft
    2020-04-01 0 days 1,896 sqft
    2020-05-01 0 days 1,903 sqft
    2020-06-01 0 days 1,912 sqft
    2020-07-01 0 days 1,972 sqft
    2020-08-01 0 days 1,942 sqft
    2020-09-01 0 days 2,033 sqft
    2020-10-01 0 days 2,036 sqft
    2020-11-01 0 days 2,120 sqft
    2020-12-01 0 days 2,166 sqft
    2021-01-01 0 days 2,228 sqft
    2021-02-01 0 days 2,184 sqft
    2021-03-01 0 days 2,153 sqft
    2021-04-01 0 days 2,226 sqft
    2021-05-01 0 days 2,120 sqft
    2021-06-01 0 days 2,256 sqft
    2021-07-01 0 days 2,033 sqft
    2021-08-01 0 days 1,979 sqft
    2021-09-01 0 days 1,906 sqft
    2021-10-01 0 days 2,025 sqft
    2021-11-01 0 days 2,058 sqft
    2021-12-01 0 days 2,119 sqft
    2022-01-01 0 days 2,215 sqft
    2022-02-01 0 days 2,112 sqft
    2022-03-01 0 days 2,004 sqft
    2022-04-01 0 days 2,004 sqft
    2022-05-01 0 days 2,006 sqft
    2022-06-01 0 days 2,000 sqft
    2022-07-01 0 days 1,990 sqft
    2022-08-01 0 days 1,999 sqft
    2022-09-01 0 days 2,027 sqft
    2022-10-01 0 days 2,013 sqft
    2022-11-01 0 days 2,000 sqft
    2022-12-01 0 days 2,014 sqft
    2023-01-01 0 days 2,060 sqft
    2023-02-01 0 days 2,011 sqft
    2023-03-01 0 days 2,024 sqft
    2023-04-01 0 days 2,024 sqft
    2023-05-01 0 days 2,006 sqft
    2023-06-01 0 days 2,015 sqft
    2023-07-01 0 days 2,072 sqft
    2023-08-01 0 days 2,042 sqft
    2023-09-01 0 days 1,920 sqft
    2023-10-01 0 days 1,968 sqft
    2023-11-01 0 days 2,001 sqft
    2023-12-01 0 days 1,953 sqft
    2024-01-01 0 days 1,894 sqft
    2024-02-01 0 days 1,884 sqft
    2024-03-01 0 days 2,004 sqft
    2024-04-01 0 days 2,167 sqft
    2024-05-01 0 days 2,330 sqft
    2024-06-01 0 days 2,320 sqft
    2024-07-01 0 days 2,314 sqft
    2024-08-01 0 days 2,161 sqft
    2024-09-01 0 days 2,088 sqft
    2024-10-01 0 days 2,071 sqft
    2024-11-01 0 days 2,023 sqft
    2024-12-01 0 days 2,056 sqft
    2025-01-01 0 days 2,014 sqft
    Mccomb's median listing age (time on market) for 2025-01-01 was 0 days.

    Mccomb's median square footage for active listings during the 2025-01-01 period was 2,014 sqft. One year prior, the average listing was 1,894 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.