Mccomb VA Loan Rates, Closing Costs & Stats
McComb, MS
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
6.59%
for the week of 2024-12-06, compared to the national average (all VA variants) of
6.143% for the same period.
Mccomb's average VA mortgage closing costs are $4,606.
The average rate for the prior week (2024-11-29) was
6.28% and
one month ago for the week of 2024-11-01, the
average rate was 6.34%.
The average rate one year ago was 6.99%.
For refis of the same type during the week of 2024-12-06, the average rate
was 6.14%.
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. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $129,000 (-8.2%) | $166,097 (-6.8%) | 0.00 | 205 |
2018-02-01 | $125,000 (-11.7%) | $165,319 (-6.0%) | 0.00 | 204 |
2018-03-01 | $120,900 (-19.4%) | $158,267 (-12.0%) | 0.00 | 215 |
2018-04-01 | $119,900 (-19.5%) | $159,152 (-11.0%) | 0.00 | 227 |
2018-05-01 | $115,725 (-18.8%) | $151,984 (-15.1%) | 0.00 | 228 |
2018-06-01 | $119,950 (-14.3%) | $156,600 (-11.4%) | 0.00 | 242 |
2018-07-01 | $124,450 (-10.1%) | $164,775 (-4.5%) | 0.00 | 254 |
2018-08-01 | $122,450 (-12.5%) | $165,346 (-6.6%) | 0.00 | 257 |
2018-09-01 | $124,450 (-4.2%) | $164,548 (-2.4%) | 0.00 | 265 |
2018-10-01 | $120,875 (-7.9%) | $165,569 (-2.0%) | 0.00 | 262 |
2018-11-01 | $119,600 (-7.5%) | $166,565 (-1.5%) | 0.00 | 258 |
2018-12-01 | $123,500 (-6.3%) | $169,838 (-1.3%) | 0.00 | 260 |
2019-01-01 | $119,750 (-7.2%) | $169,368 (2.0%) | 0.00 | 247 |
2019-02-01 | $126,850 (1.5%) | $171,827 (3.9%) | 0.00 | 247 |
2019-03-01 | $129,214 (6.9%) | $173,329 (9.5%) | 0.00 | 234 |
2019-04-01 | $129,214 (7.8%) | $171,266 (7.6%) | 0.00 | 223 |
2019-05-01 | $129,075 (11.5%) | $169,570 (11.6%) | 0.00 | 217 |
2019-06-01 | $129,700 (8.1%) | $171,319 (9.4%) | 0.00 | 201 |
2019-07-01 | $120,000 (-3.6%) | $165,807 (0.6%) | 0.00 | 200 |
2019-08-01 | $122,509 (0.1%) | $168,534 (1.9%) | 0.00 | 199 |
2019-09-01 | $126,273 (1.5%) | $171,374 (4.2%) | 0.00 | 195 |
2019-10-01 | $128,782 (6.5%) | $175,448 (6.0%) | 0.00 | 187 |
2019-11-01 | $125,000 (4.5%) | $174,890 (5.0%) | 0.00 | 182 |
2019-12-01 | $125,000 (1.2%) | $173,847 (2.4%) | 0.00 | 186 |
2020-01-01 | $124,950 (4.3%) | $174,308 (2.9%) | 0.00 | 181 |
2020-02-01 | $125,000 (-1.5%) | $177,146 (3.1%) | 0.00 | 180 |
2020-03-01 | $131,625 (1.9%) | $184,408 (6.4%) | 0.00 | 178 |
2020-04-01 | $129,950 (0.6%) | $184,452 (7.7%) | 0.00 | 174 |
2020-05-01 | $130,000 (0.7%) | $183,893 (8.5%) | 0.00 | 159 |
2020-06-01 | $129,250 (-0.4%) | $183,608 (7.2%) | 0.00 | 155 |
2020-07-01 | $129,700 (8.1%) | $187,984 (13.4%) | 0.00 | 139 |
2020-08-01 | $129,900 (6.0%) | $190,015 (12.8%) | 0.00 | 143 |
2020-09-01 | $149,900 (18.7%) | $208,916 (21.9%) | 0.00 | 132 |
2020-10-01 | $149,900 (16.4%) | $212,579 (21.2%) | 0.00 | 124 |
2020-11-01 | $152,000 (21.6%) | $215,841 (23.4%) | 0.00 | 121 |
2020-12-01 | $153,500 (22.8%) | $222,085 (27.8%) | 0.00 | 109 |
2021-01-01 | $168,000 (34.5%) | $229,842 (31.9%) | 0.00 | 105 |
2021-02-01 | $169,500 (35.6%) | $232,377 (31.2%) | 0.00 | 94 |
2021-03-01 | $192,200 (46.0%) | $252,734 (37.1%) | 0.00 | 81 |
2021-04-01 | $192,475 (48.1%) | $276,536 (49.9%) | 0.00 | 69 |
2021-05-01 | $175,000 (34.6%) | $265,771 (44.5%) | 0.00 | 61 |
2021-06-01 | $175,000 (35.4%) | $267,881 (45.9%) | 0.00 | 69 |
2021-07-01 | $169,000 (30.3%) | $244,320 (30.0%) | 0.00 | 74 |
2021-08-01 | $149,900 (15.4%) | $231,497 (21.8%) | 0.00 | 74 |
2021-09-01 | $139,475 (-7.0%) | $225,616 (8.0%) | 0.00 | 78 |
2021-10-01 | $154,450 (3.0%) | $237,837 (11.9%) | 0.00 | 81 |
2021-11-01 | $180,000 (18.4%) | $253,420 (17.4%) | 0.00 | 70 |
2021-12-01 | $189,750 (23.6%) | $258,412 (16.4%) | 0.00 | 69 |
2022-01-01 | $175,000 (4.2%) | $248,041 (7.9%) | 0.00 | 64 |
2022-02-01 | $179,500 (5.9%) | $266,295 (14.6%) | 0.00 | 51 |
2022-03-01 | $173,425 (-9.8%) | $266,341 (5.4%) | 0.00 | 51 |
2022-04-01 | $175,000 (-9.1%) | $270,012 (-2.4%) | 0.00 | 41 |
2022-05-01 | $171,825 (-1.8%) | $255,388 (-3.9%) | 0.00 | 55 |
2022-06-01 | $174,375 (-0.4%) | $243,010 (-9.3%) | 0.00 | 68 |
2022-07-01 | $188,485 (11.5%) | $239,970 (-1.8%) | 0.00 | 66 |
2022-08-01 | $194,900 (30.0%) | $252,034 (8.9%) | 0.00 | 65 |
2022-09-01 | $194,725 (39.6%) | $344,588 (52.7%) | 0.00 | 69 |
2022-10-01 | $189,500 (22.7%) | $315,168 (32.5%) | 0.00 | 82 |
2022-11-01 | $186,375 (3.5%) | $293,260 (15.7%) | 0.00 | 85 |
2022-12-01 | $189,500 (-0.1%) | $269,839 (4.4%) | 0.00 | 87 |
2023-01-01 | $174,175 (-0.5%) | $271,286 (9.4%) | 0.00 | 82 |
2023-02-01 | $164,250 (-8.5%) | $248,712 (-6.6%) | 0.00 | 83 |
2023-03-01 | $166,825 (-3.8%) | $257,316 (-3.4%) | 0.00 | 84 |
2023-04-01 | $170,000 (-2.9%) | $255,541 (-5.4%) | 0.00 | 88 |
2023-05-01 | $169,225 (-1.5%) | $242,958 (-4.9%) | 0.00 | 93 |
2023-06-01 | $178,625 (2.4%) | $240,068 (-1.2%) | 0.00 | 94 |
2023-07-01 | $190,950 (1.3%) | $246,399 (2.7%) | 0.00 | 94 |
2023-08-01 | $180,725 (-7.3%) | $234,429 (-7.0%) | 0.00 | 95 |
2023-09-01 | $166,750 (-14.4%) | $217,981 (-36.7%) | 0.00 | 101 |
2023-10-01 | $165,000 (-12.9%) | $214,631 (-31.9%) | 0.00 | 102 |
2023-11-01 | $178,675 (-4.1%) | $223,263 (-23.9%) | 0.00 | 106 |
2023-12-01 | $175,000 (-7.7%) | $223,390 (-17.2%) | 0.00 | 101 |
2024-01-01 | $173,725 (-0.3%) | $229,279 (-15.5%) | 0.00 | 99 |
2024-02-01 | $179,900 (9.5%) | $244,709 (-1.6%) | 0.00 | 91 |
2024-03-01 | $197,250 (18.2%) | $237,129 (-7.8%) | 0.00 | 86 |
2024-04-01 | $191,125 (12.4%) | $236,115 (-7.6%) | 0.00 | 80 |
2024-05-01 | $199,000 (17.6%) | $250,621 (3.2%) | 0.00 | 78 |
2024-06-01 | $185,000 (3.6%) | $239,507 (-0.2%) | 0.00 | 74 |
2024-07-01 | $219,625 (15.0%) | $252,732 (2.6%) | 0.00 | 82 |
2024-08-01 | $214,250 (18.6%) | $243,124 (3.7%) | 0.00 | 85 |
2024-09-01 | $199,125 (19.4%) | $229,497 (5.3%) | 0.00 | 82 |
2024-10-01 | $189,225 (14.7%) | $220,558 (2.8%) | 0.00 | 80 |
2024-11-01 | $189,000 (5.8%) | $217,165 (-2.7%) | 0.00 | 88 |
Mccomb's median listing price comes in at 0% of the national average.
Mccomb's average listing price for 2024-11-01 was $217,165, a difference of $-6,098 (-2.7%) versus the prior year and $-3,393 versus the prior month.
For the 2024-11-01 period, Mccomb had 88 MLS listings, a difference of 8 listings (10%) versus the prior month and -18 listings (-17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Mccomb (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,936 sqft |
2018-02-01 | 0 days | 1,940 sqft |
2018-03-01 | 0 days | 1,900 sqft |
2018-04-01 | 0 days | 1,906 sqft |
2018-05-01 | 0 days | 1,903 sqft |
2018-06-01 | 0 days | 1,907 sqft |
2018-07-01 | 0 days | 1,929 sqft |
2018-08-01 | 0 days | 1,927 sqft |
2018-09-01 | 0 days | 1,901 sqft |
2018-10-01 | 0 days | 1,888 sqft |
2018-11-01 | 0 days | 1,870 sqft |
2018-12-01 | 0 days | 1,872 sqft |
2019-01-01 | 0 days | 1,883 sqft |
2019-02-01 | 0 days | 1,881 sqft |
2019-03-01 | 0 days | 1,875 sqft |
2019-04-01 | 0 days | 1,856 sqft |
2019-05-01 | 0 days | 1,843 sqft |
2019-06-01 | 0 days | 1,840 sqft |
2019-07-01 | 0 days | 1,810 sqft |
2019-08-01 | 0 days | 1,818 sqft |
2019-09-01 | 0 days | 1,830 sqft |
2019-10-01 | 0 days | 1,861 sqft |
2019-11-01 | 0 days | 1,894 sqft |
2019-12-01 | 0 days | 1,892 sqft |
2020-01-01 | 0 days | 1,891 sqft |
2020-02-01 | 0 days | 1,895 sqft |
2020-03-01 | 0 days | 1,894 sqft |
2020-04-01 | 0 days | 1,892 sqft |
2020-05-01 | 0 days | 1,896 sqft |
2020-06-01 | 0 days | 1,920 sqft |
2020-07-01 | 0 days | 1,972 sqft |
2020-08-01 | 0 days | 1,999 sqft |
2020-09-01 | 0 days | 2,149 sqft |
2020-10-01 | 0 days | 2,118 sqft |
2020-11-01 | 0 days | 2,144 sqft |
2020-12-01 | 0 days | 2,187 sqft |
2021-01-01 | 0 days | 2,256 sqft |
2021-02-01 | 0 days | 2,219 sqft |
2021-03-01 | 0 days | 2,251 sqft |
2021-04-01 | 0 days | 2,246 sqft |
2021-05-01 | 0 days | 2,120 sqft |
2021-06-01 | 0 days | 2,268 sqft |
2021-07-01 | 0 days | 2,004 sqft |
2021-08-01 | 0 days | 1,940 sqft |
2021-09-01 | 0 days | 1,900 sqft |
2021-10-01 | 0 days | 2,004 sqft |
2021-11-01 | 0 days | 2,009 sqft |
2021-12-01 | 0 days | 2,132 sqft |
2022-01-01 | 0 days | 2,417 sqft |
2022-02-01 | 0 days | 2,159 sqft |
2022-03-01 | 0 days | 2,012 sqft |
2022-04-01 | 0 days | 2,008 sqft |
2022-05-01 | 0 days | 2,022 sqft |
2022-06-01 | 0 days | 2,003 sqft |
2022-07-01 | 0 days | 2,000 sqft |
2022-08-01 | 0 days | 2,000 sqft |
2022-09-01 | 0 days | 2,035 sqft |
2022-10-01 | 0 days | 2,014 sqft |
2022-11-01 | 0 days | 2,006 sqft |
2022-12-01 | 0 days | 2,004 sqft |
2023-01-01 | 0 days | 2,014 sqft |
2023-02-01 | 0 days | 2,011 sqft |
2023-03-01 | 0 days | 2,015 sqft |
2023-04-01 | 0 days | 2,069 sqft |
2023-05-01 | 0 days | 2,014 sqft |
2023-06-01 | 0 days | 2,052 sqft |
2023-07-01 | 0 days | 2,030 sqft |
2023-08-01 | 0 days | 2,033 sqft |
2023-09-01 | 0 days | 1,906 sqft |
2023-10-01 | 0 days | 1,913 sqft |
2023-11-01 | 0 days | 1,946 sqft |
2023-12-01 | 0 days | 1,953 sqft |
2024-01-01 | 0 days | 1,894 sqft |
2024-02-01 | 0 days | 1,885 sqft |
2024-03-01 | 0 days | 1,936 sqft |
2024-04-01 | 0 days | 1,985 sqft |
2024-05-01 | 0 days | 2,145 sqft |
2024-06-01 | 0 days | 2,200 sqft |
2024-07-01 | 0 days | 2,247 sqft |
2024-08-01 | 0 days | 2,138 sqft |
2024-09-01 | 0 days | 2,035 sqft |
2024-10-01 | 0 days | 2,023 sqft |
2024-11-01 | 0 days | 2,018 sqft |
Mccomb's median square footage for active listings during the 2024-11-01 period was 2,018 sqft. One year prior, the average listing was 1,946 sqft.