Natchez VA Loan Rates, Closing Costs & Stats

Natchez, MS-LA

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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.

    Natchez's 13 lenders originated 32 VA loans during 2023. The total origination value was $5,870,000, with an average VA loan value of $183,438.

    Natchez VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Natchez averaged 6.63% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Natchez's average VA mortgage closing costs are $4,917.

    The average rate for the prior week (2025-02-07) was 6.76% and one month ago for the week of 2025-01-10, the average rate was 6.9%.

    The average rate one year ago was 6.52%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.43%.

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

    Natchez 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 Natchez level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 8 7.01% $1,794
    CROSSCOUNTRY MORTGAGE, LLC 4 7.05% $6,001
    QUICKEN LOANS, LLC 4 6.12% $10,032
    Assurance Financial Group, L.L.C. 2 6.37% $6,231
    NAVY FEDERAL CREDIT UNION 2 5.75% $9,138
    PENNYMAC LOAN SERVICES, LLC 2 5.56% $12,573
    UNITED WHOLESALE MORTGAGE, LLC 2 6.38% $4,184
    NEWREZ LLC 1 7.25% $2,330
    USAA Federal Savings Bank 1 6.50% $3,756
    CARDINAL FINANCIAL 1 7.50% $11,048
    GMFS LLC 1 6.63% $5,947
    CORNERSTONE HOME LENDING, INC. 1 6.13% $5,612
    ROYAL UNITED MORTGAGE LLC 1 7.13% $6,049

    The top Natchez VA lender as defined by loan originations is Mortgage Research Center, LLC, with 8 VA loans originated. Their average total fees are $1,794, which is $4,207 lower than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Natchez (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 $189,950 (21.8%) $250,142 (-1.4%) 0.00 288
    2018-02-01 $189,350 (26.3%) $248,224 (-0.9%) 0.00 301
    2018-03-01 $183,750 (22.5%) $244,459 (-1.2%) 0.00 319
    2018-04-01 $183,625 (15.5%) $248,562 (2.5%) 0.00 344
    2018-05-01 $182,350 (6.3%) $244,425 (-4.5%) 0.00 337
    2018-06-01 $176,250 (0.7%) $243,229 (-3.1%) 0.00 367
    2018-07-01 $168,750 (-3.1%) $240,816 (0.0%) 0.00 386
    2018-08-01 $165,750 (-7.7%) $244,514 (-1.4%) 0.00 374
    2018-09-01 $169,000 (-8.4%) $254,393 (4.1%) 0.00 373
    2018-10-01 $169,450 (-0.3%) $261,204 (8.4%) 0.00 367
    2018-11-01 $165,000 (-11.3%) $255,676 (3.2%) 0.00 361
    2018-12-01 $169,000 (-10.8%) $261,364 (6.3%) 0.00 337
    2019-01-01 $169,000 (-11.0%) $257,736 (3.0%) 0.00 313
    2019-02-01 $176,950 (-6.6%) $258,217 (4.0%) 0.00 317
    2019-03-01 $189,671 (3.2%) $268,755 (9.9%) 0.00 325
    2019-04-01 $189,871 (3.4%) $272,750 (9.7%) 0.00 340
    2019-05-01 $188,875 (3.6%) $261,888 (7.1%) 0.00 362
    2019-06-01 $185,000 (5.0%) $262,187 (7.8%) 0.00 369
    2019-07-01 $186,125 (10.3%) $265,502 (10.3%) 0.00 377
    2019-08-01 $182,873 (10.3%) $250,708 (2.5%) 0.00 372
    2019-09-01 $179,682 (6.3%) $246,870 (-3.0%) 0.00 367
    2019-10-01 $177,150 (4.5%) $243,880 (-6.6%) 0.00 362
    2019-11-01 $179,500 (8.8%) $246,005 (-3.8%) 0.00 357
    2019-12-01 $175,000 (3.6%) $243,934 (-6.7%) 0.00 358
    2020-01-01 $176,500 (4.4%) $244,006 (-5.3%) 0.00 352
    2020-02-01 $183,250 (3.6%) $247,929 (-4.0%) 0.00 366
    2020-03-01 $187,438 (-1.2%) $255,382 (-5.0%) 0.00 358
    2020-04-01 $187,563 (-1.2%) $253,282 (-7.1%) 0.00 327
    2020-05-01 $182,500 (-3.4%) $254,415 (-2.9%) 0.00 310
    2020-06-01 $192,500 (4.1%) $263,716 (0.6%) 0.00 315
    2020-07-01 $195,500 (5.0%) $266,077 (0.2%) 0.00 314
    2020-08-01 $192,500 (5.3%) $257,066 (2.5%) 0.00 322
    2020-09-01 $186,250 (3.7%) $262,010 (6.1%) 0.00 328
    2020-10-01 $186,500 (5.3%) $273,767 (12.3%) 0.00 319
    2020-11-01 $189,250 (5.4%) $285,236 (16.0%) 0.00 291
    2020-12-01 $186,500 (6.6%) $279,814 (14.7%) 0.00 288
    2021-01-01 $191,000 (8.2%) $294,274 (20.6%) 0.00 265
    2021-02-01 $193,875 (5.8%) $300,606 (21.3%) 0.00 247
    2021-03-01 $185,875 (-0.8%) $301,140 (17.9%) 0.00 202
    2021-04-01 $178,250 (-5.0%) $298,294 (17.8%) 0.00 185
    2021-05-01 $179,000 (-1.9%) $300,603 (18.2%) 0.00 178
    2021-06-01 $183,812 (-4.5%) $298,690 (13.3%) 0.00 180
    2021-07-01 $187,000 (-4.4%) $316,203 (18.8%) 0.00 190
    2021-08-01 $187,000 (-2.9%) $312,463 (21.6%) 0.00 193
    2021-09-01 $199,000 (6.9%) $327,024 (24.8%) 0.00 174
    2021-10-01 $195,000 (4.6%) $328,215 (19.9%) 0.00 153
    2021-11-01 $185,000 (-2.3%) $331,626 (16.3%) 0.00 148
    2021-12-01 $176,750 (-5.2%) $325,602 (16.4%) 0.00 149
    2022-01-01 $185,000 (-3.1%) $349,387 (18.7%) 0.00 136
    2022-02-01 $185,000 (-4.6%) $365,354 (21.5%) 0.00 130
    2022-03-01 $196,250 (5.6%) $356,876 (18.5%) 0.00 140
    2022-04-01 $182,400 (2.3%) $347,384 (16.5%) 0.00 146
    2022-05-01 $194,500 (8.7%) $322,352 (7.2%) 0.00 145
    2022-06-01 $221,000 (20.2%) $342,505 (14.7%) 0.00 138
    2022-07-01 $210,000 (12.3%) $324,420 (2.6%) 0.00 147
    2022-08-01 $197,450 (5.6%) $332,323 (6.4%) 0.00 128
    2022-09-01 $193,750 (-2.6%) $309,811 (-5.3%) 0.00 136
    2022-10-01 $195,000 (0.0%) $303,454 (-7.5%) 0.00 137
    2022-11-01 $195,000 (5.4%) $307,920 (-7.2%) 0.00 133
    2022-12-01 $195,000 (10.3%) $323,754 (-0.6%) 0.00 132
    2023-01-01 $220,950 (19.4%) $345,574 (-1.1%) 0.00 129
    2023-02-01 $211,125 (14.1%) $335,358 (-8.2%) 0.00 131
    2023-03-01 $223,250 (13.8%) $353,683 (-0.9%) 0.00 134
    2023-04-01 $229,000 (25.6%) $360,815 (3.9%) 0.00 138
    2023-05-01 $224,950 (15.7%) $355,245 (10.2%) 0.00 145
    2023-06-01 $226,000 (2.3%) $366,012 (6.9%) 0.00 157
    2023-07-01 $225,000 (7.1%) $368,396 (13.6%) 0.00 159
    2023-08-01 $215,750 (9.3%) $356,649 (7.3%) 0.00 172
    2023-09-01 $225,000 (16.1%) $371,238 (19.8%) 0.00 174
    2023-10-01 $238,750 (22.4%) $378,212 (24.6%) 0.00 171
    2023-11-01 $232,075 (19.0%) $367,905 (19.5%) 0.00 172
    2023-12-01 $227,450 (16.6%) $363,134 (12.2%) 0.00 153
    2024-01-01 $246,500 (11.6%) $379,333 (9.8%) 0.00 147
    2024-02-01 $263,725 (24.9%) $400,955 (19.6%) 0.00 143
    2024-03-01 $273,500 (22.5%) $397,123 (12.3%) 0.00 168
    2024-04-01 $294,000 (28.4%) $417,281 (15.7%) 0.00 182
    2024-05-01 $299,874 (33.3%) $429,501 (20.9%) 0.00 193
    2024-06-01 $293,750 (30.0%) $421,247 (15.1%) 0.00 206
    2024-07-01 $319,225 (41.9%) $425,397 (15.5%) 0.00 211
    2024-08-01 $329,000 (52.5%) $416,582 (16.8%) 0.00 208
    2024-09-01 $324,225 (44.1%) $422,661 (13.9%) 0.00 218
    2024-10-01 $295,000 (23.6%) $401,797 (6.2%) 0.00 229
    2024-11-01 $295,000 (27.1%) $391,885 (6.5%) 0.00 229
    2024-12-01 $290,725 (27.8%) $401,600 (10.6%) 0.00 215
    2025-01-01 $283,250 (14.9%) $393,655 (3.8%) 0.00 218
    Natchez's median listing price for 2025-01-01 was $283,250, a difference of $36,750 (14.9%) versus the prior year and $-7,475 versus the prior month.

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

    Natchez's average listing price for 2025-01-01 was $393,655, a difference of $14,322 (3.8%) versus the prior year and $-7,945 versus the prior month.

    For the 2025-01-01 period, Natchez had 218 MLS listings, a difference of 3 listings (1%) versus the prior month and 71 listings (48%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Natchez (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,116 sqft
    2018-02-01 0 days 2,099 sqft
    2018-03-01 0 days 2,011 sqft
    2018-04-01 0 days 2,029 sqft
    2018-05-01 0 days 1,998 sqft
    2018-06-01 0 days 1,966 sqft
    2018-07-01 0 days 1,885 sqft
    2018-08-01 0 days 1,900 sqft
    2018-09-01 0 days 1,960 sqft
    2018-10-01 0 days 1,976 sqft
    2018-11-01 0 days 1,932 sqft
    2018-12-01 0 days 1,939 sqft
    2019-01-01 0 days 1,913 sqft
    2019-02-01 0 days 1,931 sqft
    2019-03-01 0 days 1,964 sqft
    2019-04-01 0 days 1,960 sqft
    2019-05-01 0 days 1,993 sqft
    2019-06-01 0 days 1,986 sqft
    2019-07-01 0 days 1,982 sqft
    2019-08-01 0 days 1,966 sqft
    2019-09-01 0 days 1,944 sqft
    2019-10-01 0 days 1,926 sqft
    2019-11-01 0 days 1,960 sqft
    2019-12-01 0 days 1,953 sqft
    2020-01-01 0 days 1,967 sqft
    2020-02-01 0 days 1,986 sqft
    2020-03-01 0 days 2,009 sqft
    2020-04-01 0 days 2,003 sqft
    2020-05-01 0 days 2,000 sqft
    2020-06-01 0 days 2,076 sqft
    2020-07-01 0 days 2,085 sqft
    2020-08-01 0 days 2,068 sqft
    2020-09-01 0 days 2,052 sqft
    2020-10-01 0 days 2,048 sqft
    2020-11-01 0 days 2,084 sqft
    2020-12-01 0 days 2,052 sqft
    2021-01-01 0 days 2,089 sqft
    2021-02-01 0 days 2,042 sqft
    2021-03-01 0 days 2,024 sqft
    2021-04-01 0 days 1,917 sqft
    2021-05-01 0 days 1,876 sqft
    2021-06-01 0 days 1,905 sqft
    2021-07-01 0 days 1,925 sqft
    2021-08-01 0 days 1,950 sqft
    2021-09-01 0 days 1,977 sqft
    2021-10-01 0 days 1,925 sqft
    2021-11-01 0 days 1,914 sqft
    2021-12-01 0 days 1,893 sqft
    2022-01-01 0 days 1,950 sqft
    2022-02-01 0 days 2,211 sqft
    2022-03-01 0 days 2,252 sqft
    2022-04-01 0 days 2,133 sqft
    2022-05-01 0 days 2,029 sqft
    2022-06-01 0 days 2,191 sqft
    2022-07-01 0 days 2,130 sqft
    2022-08-01 0 days 1,909 sqft
    2022-09-01 0 days 1,863 sqft
    2022-10-01 0 days 1,843 sqft
    2022-11-01 0 days 1,884 sqft
    2022-12-01 0 days 1,879 sqft
    2023-01-01 0 days 2,039 sqft
    2023-02-01 0 days 1,987 sqft
    2023-03-01 0 days 2,028 sqft
    2023-04-01 0 days 2,188 sqft
    2023-05-01 0 days 2,113 sqft
    2023-06-01 0 days 2,154 sqft
    2023-07-01 0 days 2,060 sqft
    2023-08-01 0 days 2,005 sqft
    2023-09-01 0 days 2,281 sqft
    2023-10-01 0 days 2,294 sqft
    2023-11-01 0 days 2,281 sqft
    2023-12-01 0 days 2,248 sqft
    2024-01-01 0 days 2,279 sqft
    2024-02-01 0 days 2,297 sqft
    2024-03-01 0 days 2,374 sqft
    2024-04-01 0 days 2,450 sqft
    2024-05-01 0 days 2,437 sqft
    2024-06-01 0 days 2,395 sqft
    2024-07-01 0 days 2,455 sqft
    2024-08-01 0 days 2,447 sqft
    2024-09-01 0 days 2,390 sqft
    2024-10-01 0 days 2,317 sqft
    2024-11-01 0 days 2,248 sqft
    2024-12-01 0 days 2,168 sqft
    2025-01-01 0 days 2,167 sqft
    Natchez's median listing age (time on market) for 2025-01-01 was 0 days.

    Natchez's median square footage for active listings during the 2025-01-01 period was 2,167 sqft. One year prior, the average listing was 2,279 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.