Pahrump VA Loan Rates, Closing Costs & Stats

Pahrump, NV

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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.

    Pahrump's 98 lenders originated 748 VA loans during 2021. The total origination value was $190,040,000, with an average VA loan value of $254,064.

    Pahrump VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pahrump averaged 6.67% for the week of 2022-12-02, compared to the national average (all VA variants) of 6.292% for the same period.

    Pahrump's average VA mortgage closing costs are $5,360.

    The average rate for the prior week (2022-11-25) was 6.81% and one month ago for the week of 2022-10-28, the average rate was 7.1%.

    The average rate one year ago was 3.77%.

    For refis of the same type during the week of 2022-12-02, the average rate was 6.53%.

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

    Pahrump 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 Pahrump level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    FREEDOM MORTGAGE CORPORATION 75 2.44% $2,590
    QUICKEN LOANS, LLC 50 2.39% $5,380
    Mortgage Research Center, LLC 36 2.82% $6,018
    FBC MORTGAGE, LLC 32 2.83% $5,326
    CLEARPATH LENDING 29 2.34% $4,599
    BROKER SOLUTIONS, INC. 22 2.90% $5,480
    PENNYMAC LOAN SERVICES, LLC 21 2.43% $5,307
    LOANDEPOT.COM, LLC 19 2.40% $3,475
    GUILD MORTGAGE COMPANY 18 3.06% $8,401
    VILLAGE CAPITAL MORTGAGE 17 2.51% $2,738
    AXIA FINANCIAL, LLC 17 3.24% $6,460
    NEW DAY FINANCIAL, LLC 17 2.96% $9,099
    LAKEVIEW LOAN SERVICING, LLC 16 2.64% $1,886
    CALIBER HOME LOANS, INC. 16 2.65% $5,425
    UNITED WHOLESALE MORTGAGE, LLC 15 2.54% $9,409
    NAVY FEDERAL CREDIT UNION 14 2.49% $4,440
    South Pacific Financial Corporation 13 2.63% $10,026
    Wells Fargo Bank 13 2.42% $3,536
    The Federal Savings Bank 11 2.55% $9,299
    USAA Federal Savings Bank 10 2.83% $4,328
    SUN WEST MORTGAGE COMPANY, INC. 9 2.67% $2,734
    HOME POINT FINANCIAL CORPORATION 8 2.45% $5,978
    Mr. Cooper ( Nationstar Mortgage ) 8 2.77% $4,147
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 3.01% $5,074
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 8 3.14% $8,856
    ALL WESTERN MORTGAGE, INC. 6 3.31% $5,061
    CMG MORTGAGE, INC. 6 3.19% $10,373
    EAGLE HOME MORTGAGE, LLC 6 2.88% $5,752
    HOMEBRIDGE FINANCIAL SERVICES, INC. 6 2.96% $7,341
    MOVEMENT MORTGAGE, LLC 6 2.92% $2,608
    NEWREZ LLC 5 2.90% $2,797
    Barrington Bank & Trust Company, N.A. 5 2.85% $3,290
    Low VA Rates, LLC 5 2.70% $5,595
    Magnolia Bank 5 2.60% $9,567
    LOANPAL, LLC 5 2.55% $13,800
    SWBC MORTGAGE CORPORATION 5 2.93% $8,022
    Nations Lending Corporation 5 3.63% $14,896
    RESIDENTIAL BANCORP. 4 2.84% $4,860
    NP, Inc. 4 2.38% $4,704
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 3.41% $7,880
    GUARANTEED RATE, INC. 4 2.72% $2,816
    AMERICAN FINANCIAL NETWORK, INC. 3 2.75% $8,270
    CELEBRITY HOME LOANS, LLC 3 2.96% $4,690
    Flagstar Bank, FSB 3 2.63% $8,389
    SOVEREIGN LENDING GROUP INCORPORATED 3 2.75% $12,568
    North American Savings Bank, F.S.B. 3 2.42% $2,442
    Carrington Mortgage Services, LLC 2 3.44% $1,747
    ONE NEVADA CREDIT UNION 2 2.44% $2,555
    Sierra Pacific Mortgage Company, Inc. 2 3.38% $3,066
    Bank of England 2 2.44% $6,307
    BELEM SERVICING LLC 2 2.49% $5,204
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 3.31% $13,188
    CROSSCOUNTRY MORTGAGE, LLC 2 3.00% $7,551
    AMERISAVE MORTGAGE CORPORATION 2 3.38% $7,130
    Amerifirst Financial, Inc. 2 3.56% $5,810
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 2.38% $6,812
    U.S. Bank 2 2.50% $9,567
    AMERICAN FINANCIAL RESOURCES, INC. 2 2.69% $10,162
    First Federal Bank 2 4.75% $11,014
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 2.63% $13,373
    DATA MORTGAGE, INC. 2 2.50% $9,570
    PLANET HOME LENDING, LLC 2 2.31% $4,777
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 2.56% $9,561
    Paramount Residential Mortgage Group, Inc. 2 3.31% $2,332
    MUTUAL OF OMAHA MORTGAGE, INC. 2 2.50% $1,754
    FINANCE OF AMERICA MORTGAGE LLC 1 3.38% $7,029
    First Guaranty Mortgage Corporation 1 2.75% $2,767
    GENEVA FINANCIAL, LLC 1 3.38% $5,896
    Goldwater Bank, N.A. 1 2.63% $3,285
    GREATER NEVADA LLC 1 2.75% $2,760
    HAMILTON HOME LOANS, INC. 1 2.75% $17,393
    HighTechLending Inc 1 2.99% $4,075
    Wyndham Capital Mortgage, Inc. 1 2.50% $0
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 2.88% $9,220
    Community First National Bank 1 3.25% $2,343
    Hometown Lenders, Inc. 1 3.25% $25,389
    INTERCAP LENDING INC. 1 3.13% $10,762
    ISERVE RESIDENTIAL LENDING, LLC 1 3.25% $16,419
    Commerce Home Mortgage, Inc. 1 3.00% $8,270
    MANN FINANCIAL INC. 1 3.00% $7,179
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 3.25% $5,953
    Zions Bancorporation, N.A. 1 2.50% $9,851
    M&T Bank 1 2.75% $4,683
    BRIDGELOCK CAPITAL 1 2.99% $0
    NBKC BANK 1 2.75% $7,610
    Neighborhood Loans, Inc. 1 2.88% $13,710
    Northpointe Bank 1 2.25% $4,540
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 2.75% $5,333
    OCMBC, INC. 1 2.88% $3,609
    ON Q FINANCIAL, INC. 1 4.88% $3,485
    BAY EQUITY LLC 1 2.63% $6,377
    PENTAGON FEDERAL CREDIT UNION 1 2.38% $0
    PINNACLE LENDING GROUP, INC. 1 2.25% $3,882
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.75% $2,387
    Red River Bank 1 2.50% $3,195
    SECURITYNATIONAL MORTGAGE COMPANY 1 4.00% $8,822
    STEARNS LENDING, LLC 1 2.99% $0
    EVERETT FINANCIAL, INC. 1 4.00% $1,803

    The top Pahrump VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 75 VA loans originated. Their average total fees are $2,590, which is $2,790 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Pahrump VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($1,886), FREEDOM MORTGAGE CORPORATION ($2,590), VILLAGE CAPITAL MORTGAGE ($2,738), LOANDEPOT.COM, LLC ($3,475) and Wells Fargo Bank ($3,536).

    The lowest rate Pahrump VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.34%), QUICKEN LOANS, LLC (2.39%), LOANDEPOT.COM, LLC (2.40%), Wells Fargo Bank (2.42%) and PENNYMAC LOAN SERVICES, LLC (2.43%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pahrump (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 $263,700 (18.3%) $281,437 (14.0%) 0.00 130
    2018-02-01 $266,000 (17.0%) $280,221 (7.2%) 0.00 146
    2018-03-01 $278,900 (22.9%) $318,389 (18.4%) 0.00 136
    2018-04-01 $280,475 (22.0%) $328,781 (19.4%) 0.00 120
    2018-05-01 $278,485 (18.8%) $324,247 (17.3%) 0.00 116
    2018-06-01 $294,900 (19.4%) $333,482 (17.2%) 0.00 133
    2018-07-01 $284,450 (15.7%) $334,272 (18.8%) 0.00 146
    2018-08-01 $284,725 (14.2%) $337,928 (20.7%) 0.00 166
    2018-09-01 $284,900 (16.3%) $330,004 (17.2%) 0.00 188
    2018-10-01 $290,675 (18.4%) $321,847 (12.9%) 0.00 195
    2018-11-01 $290,000 (16.3%) $323,765 (11.1%) 0.00 203
    2018-12-01 $286,750 (12.9%) $316,815 (10.0%) 0.00 204
    2019-01-01 $289,875 (9.9%) $311,005 (10.5%) 0.00 205
    2019-02-01 $289,150 (8.7%) $311,746 (11.3%) 0.00 205
    2019-03-01 $287,856 (3.2%) $305,654 (-4.0%) 0.00 195
    2019-04-01 $285,000 (1.6%) $300,846 (-8.5%) 0.00 183
    2019-05-01 $279,675 (0.4%) $296,390 (-8.6%) 0.00 198
    2019-06-01 $289,630 (-1.8%) $296,706 (-11.0%) 0.00 208
    2019-07-01 $285,000 (0.2%) $296,308 (-11.4%) 0.00 209
    2019-08-01 $280,636 (-1.4%) $293,613 (-13.1%) 0.00 235
    2019-09-01 $274,091 (-3.8%) $289,167 (-12.4%) 0.00 276
    2019-10-01 $269,894 (-7.2%) $287,501 (-10.7%) 0.00 303
    2019-11-01 $285,000 (-1.7%) $298,948 (-7.7%) 0.00 259
    2019-12-01 $289,665 (1.0%) $300,599 (-5.1%) 0.00 237
    2020-01-01 $288,674 (-0.4%) $301,885 (-2.9%) 0.00 221
    2020-02-01 $290,000 (0.3%) $316,900 (1.7%) 0.00 220
    2020-03-01 $289,963 (0.7%) $313,857 (2.7%) 0.00 224
    2020-04-01 $289,900 (1.7%) $321,562 (6.9%) 0.00 218
    2020-05-01 $289,900 (3.7%) $319,863 (7.9%) 0.00 213
    2020-06-01 $294,500 (1.7%) $309,848 (4.4%) 0.00 213
    2020-07-01 $289,000 (1.4%) $319,323 (7.8%) 0.00 203
    2020-08-01 $297,950 (6.2%) $331,019 (12.7%) 0.00 151
    2020-09-01 $291,250 (6.3%) $332,686 (15.1%) 0.00 146
    2020-10-01 $309,949 (14.8%) $349,501 (21.6%) 0.00 133
    2020-11-01 $299,999 (5.3%) $348,394 (16.5%) 0.00 122
    2020-12-01 $302,495 (4.4%) $350,982 (16.8%) 0.00 109
    2021-01-01 $299,990 (3.9%) $347,886 (15.2%) 0.00 101
    2021-02-01 $299,988 (3.4%) $335,334 (5.8%) 0.00 116
    2021-03-01 $310,223 (7.0%) $336,929 (7.4%) 0.00 107
    2021-04-01 $323,750 (11.7%) $354,796 (10.3%) 0.00 103
    2021-05-01 $349,900 (20.7%) $377,184 (17.9%) 0.00 99
    2021-06-01 $359,950 (22.2%) $389,229 (25.6%) 0.00 122
    2021-07-01 $359,999 (24.6%) $398,835 (24.9%) 0.00 140
    2021-08-01 $369,000 (23.9%) $406,848 (22.9%) 0.00 147
    2021-09-01 $374,975 (28.8%) $407,297 (22.4%) 0.00 179
    2021-10-01 $379,000 (22.3%) $412,898 (18.1%) 0.00 183
    2021-11-01 $379,059 (26.4%) $408,391 (17.2%) 0.00 174
    2021-12-01 $381,222 (26.0%) $411,925 (17.4%) 0.00 154
    2022-01-01 $380,000 (26.7%) $421,175 (21.1%) 0.00 140
    2022-02-01 $394,925 (31.7%) $421,145 (25.6%) 0.00 147
    2022-03-01 $417,225 (34.5%) $434,943 (29.1%) 0.00 139
    2022-04-01 $435,000 (34.4%) $459,953 (29.6%) 0.00 140
    2022-05-01 $437,000 (24.9%) $463,271 (22.8%) 0.00 156
    2022-06-01 $434,250 (20.6%) $477,758 (22.7%) 0.00 199
    2022-07-01 $425,000 (18.1%) $471,275 (18.2%) 0.00 254
    2022-08-01 $416,975 (13.0%) $458,841 (12.8%) 0.00 266
    2022-09-01 $403,097 (7.5%) $456,411 (12.1%) 0.00 282
    2022-10-01 $399,900 (5.5%) $440,209 (6.6%) 0.00 281
    2022-11-01 $399,000 (5.3%) $431,116 (5.6%) 0.00 278
    Pahrump's median listing price for 2022-11-01 was $399,000, a difference of $19,941 (5.3%) versus the prior year and $-900 versus the prior month.

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

    Pahrump's average listing price for 2022-11-01 was $431,116, a difference of $22,725 (5.6%) versus the prior year and $-9,093 versus the prior month.

    For the 2022-11-01 period, Pahrump had 278 MLS listings, a difference of -3 listings (-1%) versus the prior month and 104 listings (60%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pahrump (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,218 sqft
    2018-02-01 0 days 2,166 sqft
    2018-03-01 0 days 2,228 sqft
    2018-04-01 0 days 2,200 sqft
    2018-05-01 0 days 2,202 sqft
    2018-06-01 0 days 2,201 sqft
    2018-07-01 0 days 2,134 sqft
    2018-08-01 0 days 2,118 sqft
    2018-09-01 0 days 2,110 sqft
    2018-10-01 0 days 2,156 sqft
    2018-11-01 0 days 2,180 sqft
    2018-12-01 0 days 2,113 sqft
    2019-01-01 0 days 2,090 sqft
    2019-02-01 0 days 2,088 sqft
    2019-03-01 0 days 2,078 sqft
    2019-04-01 0 days 2,065 sqft
    2019-05-01 0 days 2,036 sqft
    2019-06-01 0 days 2,025 sqft
    2019-07-01 0 days 2,024 sqft
    2019-08-01 0 days 2,014 sqft
    2019-09-01 0 days 2,003 sqft
    2019-10-01 0 days 2,009 sqft
    2019-11-01 0 days 2,024 sqft
    2019-12-01 0 days 2,050 sqft
    2020-01-01 0 days 2,036 sqft
    2020-02-01 0 days 2,036 sqft
    2020-03-01 0 days 2,022 sqft
    2020-04-01 0 days 2,027 sqft
    2020-05-01 0 days 2,048 sqft
    2020-06-01 0 days 2,022 sqft
    2020-07-01 0 days 2,025 sqft
    2020-08-01 0 days 2,080 sqft
    2020-09-01 0 days 2,038 sqft
    2020-10-01 0 days 2,087 sqft
    2020-11-01 0 days 2,087 sqft
    2020-12-01 0 days 2,087 sqft
    2021-01-01 0 days 2,021 sqft
    2021-02-01 0 days 1,959 sqft
    2021-03-01 0 days 2,009 sqft
    2021-04-01 0 days 2,025 sqft
    2021-05-01 0 days 2,043 sqft
    2021-06-01 0 days 2,065 sqft
    2021-07-01 0 days 2,022 sqft
    2021-08-01 0 days 2,013 sqft
    2021-09-01 0 days 2,013 sqft
    2021-10-01 0 days 1,977 sqft
    2021-11-01 0 days 1,983 sqft
    2021-12-01 0 days 1,997 sqft
    2022-01-01 0 days 1,990 sqft
    2022-02-01 0 days 1,985 sqft
    2022-03-01 0 days 2,006 sqft
    2022-04-01 0 days 2,074 sqft
    2022-05-01 0 days 2,022 sqft
    2022-06-01 0 days 2,022 sqft
    2022-07-01 0 days 2,017 sqft
    2022-08-01 0 days 2,003 sqft
    2022-09-01 0 days 1,991 sqft
    2022-10-01 0 days 1,999 sqft
    2022-11-01 0 days 1,999 sqft
    Pahrump's median listing age (time on market) for 2022-11-01 was 0 days.

    Pahrump's median square footage for active listings during the 2022-11-01 period was 1,999 sqft. One year prior, the average listing was 1,983 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.