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 75 lenders originated 333 VA loans during 2022. The total origination value was $102,405,000, with an average VA loan value of $307,523.

    Pahrump VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pahrump averaged -0.25% for the week of 2023-06-02, compared to the national average (all VA variants) of 0% for the same period.

    Pahrump's average VA mortgage closing costs are $5,923.

    The average rate for the prior week (2023-05-26) was 6.29% and one month ago for the week of 2023-04-28, the average rate was 5.94%.

    The average rate one year ago was 4.9%.

    For refis of the same type during the week of 2023-06-02, the average rate was -1.26%.

    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    LOANDEPOT.COM, LLC 25 4.11% $10,796
    Mortgage Research Center, LLC 25 5.23% $6,845
    FREEDOM MORTGAGE CORPORATION 23 3.73% $11,309
    QUICKEN LOANS, LLC 20 3.62% $10,675
    UNITED WHOLESALE MORTGAGE, LLC 19 4.54% $11,065
    AXIA FINANCIAL, LLC 18 5.13% $6,793
    NAVY FEDERAL CREDIT UNION 11 3.48% $5,049
    USAA Federal Savings Bank 8 4.61% $6,161
    CLEARPATH LENDING 8 3.87% $16,837
    South Pacific Financial Corporation 8 3.72% $9,995
    HOME POINT FINANCIAL CORPORATION 7 4.35% $7,390
    PENNYMAC LOAN SERVICES, LLC 7 4.09% $14,565
    VILLAGE CAPITAL MORTGAGE 7 3.96% $7,337
    NEW DAY FINANCIAL, LLC 7 4.07% $13,101
    GUILD MORTGAGE COMPANY 6 4.46% $12,639
    BROKER SOLUTIONS, INC. 6 5.35% $9,130
    Barrington Bank & Trust Company, N.A. 5 4.93% $6,061
    CALIBER HOME LOANS, INC. 5 4.67% $7,558
    The Federal Savings Bank 5 4.25% $17,127
    Mr. Cooper ( Nationstar Mortgage ) 4 4.09% $15,623
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 4.31% $8,502
    CARDINAL FINANCIAL 4 4.09% $8,682
    Wells Fargo Bank 4 5.00% $5,214
    DHI MORTGAGE COMPANY, LTD. 3 4.63% $3,823
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 4.67% $10,186
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 5.42% $8,300
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.08% $12,130
    CROSSCOUNTRY MORTGAGE, LLC 3 5.92% $10,245
    MUTUAL OF OMAHA MORTGAGE, INC. 3 4.21% $8,431
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 4.41% $12,779
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 5.54% $18,794
    GUARANTEED RATE, INC. 3 4.78% $12,299
    Zions Bancorporation, N.A. 2 3.69% $1,673
    CANOPY MORTGAGE, LLC 2 5.06% $8,815
    CMG MORTGAGE, INC. 2 4.19% $6,263
    FBC MORTGAGE, LLC 2 4.75% $8,860
    First Guaranty Mortgage Corporation 2 4.00% $8,942
    Flagstar Bank, FSB 2 4.25% $21,809
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 7.00% $12,849
    LAKEVIEW LOAN SERVICING, LLC 2 2.88% $3,617
    Low VA Rates, LLC 2 4.56% $9,114
    Magnolia Bank 2 4.00% $11,332
    Nations Lending Corporation 2 5.69% $12,659
    NEWREZ LLC 2 3.69% $13,932
    PENTAGON FEDERAL CREDIT UNION 2 3.38% $7,902
    Prosperity Home Mortgage, LLC 2 5.00% $7,540
    Texana Bank 2 4.13% $13,578
    NATIONS DIRECT MORTGAGE, LLC 1 3.25% $4,216
    AMERISAVE MORTGAGE CORPORATION 1 3.50% $37,033
    GREATER NEVADA LLC 1 5.00% $5,827
    Goldwater Bank, N.A. 1 4.25% $3,456
    U.S. Bank 1 3.25% $2,797
    North American Savings Bank, F.S.B. 1 2.75% $17,587
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 4.75% $8,809
    Paramount Residential Mortgage Group, Inc. 1 4.75% $10,111
    First Home Bank 1 5.75% $9,826
    AmeriHome Mortgage Company, LLC 1 5.99% $13,603
    PINNACLE LENDING GROUP, INC. 1 5.75% $21,150
    PLANET HOME LENDING, LLC 1 3.75% $4,347
    AMERICAN INTERNET MORTGAGE, INC. 1 2.38% $6,350
    FINANCE OF AMERICA MORTGAGE LLC 1 4.99% $4,198
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 5.25% $4,697
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.25% $9,955
    Sierra Pacific Mortgage Company, Inc. 1 5.13% $4,450
    SIMPLIFI MORTGAGE, LLC 1 6.00% $8,487
    EVERETT FINANCIAL, INC. 1 4.00% $2,524
    SUN WEST MORTGAGE COMPANY, INC. 1 4.25% $3,604
    AMERICA FIRST 1 2.63% $18,927
    Equity Prime Mortgage LLC 1 6.50% $10,944
    Bank of England 1 4.13% $16,568
    ML Mortgage Corp. 1 5.25% $5,189
    MID AMERICA MORTGAGE, INC. 1 6.13% $3,849
    MOVEMENT MORTGAGE, LLC 1 6.25% $10,816
    MANN FINANCIAL INC. 1 3.00% $6,726
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.50% $10,473

    The top Pahrump VA lender as defined by loan originations is LOANDEPOT.COM, LLC, with 25 VA loans originated. Their average total fees are $10,796, which is $3,951 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Pahrump VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($5,049), AXIA FINANCIAL, LLC ($6,793), Mortgage Research Center, LLC ($6,845), QUICKEN LOANS, LLC ($10,675) and LOANDEPOT.COM, LLC ($10,796).

    The lowest rate Pahrump VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (3.48%), QUICKEN LOANS, LLC (3.62%), FREEDOM MORTGAGE CORPORATION (3.73%), LOANDEPOT.COM, LLC (4.11%) and UNITED WHOLESALE MORTGAGE, LLC (4.54%).

    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%) $348,967 (21.4%) 0.00 133
    2020-11-01 $299,998 (5.3%) $347,820 (16.4%) 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 (18.3%) 0.00 183
    2021-11-01 $379,059 (26.4%) $408,391 (17.4%) 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
    2022-12-01 $396,500 (4.0%) $426,936 (3.6%) 0.00 258
    2023-01-01 $396,500 (4.3%) $417,865 (-0.8%) 0.00 228
    2023-02-01 $395,675 (0.2%) $415,690 (-1.3%) 0.00 244
    2023-03-01 $399,900 (-4.2%) $420,913 (-3.2%) 0.00 251
    2023-04-01 $400,000 (-8.1%) $429,692 (-6.6%) 0.00 245
    2023-05-01 $391,124 (-10.5%) $420,138 (-9.3%) 0.00 286
    Pahrump's median listing price for 2023-05-01 was $391,124, a difference of $-45,876 (-10.5%) versus the prior year and $-8,876 versus the prior month.

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

    Pahrump's average listing price for 2023-05-01 was $420,138, a difference of $-43,133 (-9.3%) versus the prior year and $-9,554 versus the prior month.

    For the 2023-05-01 period, Pahrump had 286 MLS listings, a difference of 41 listings (17%) versus the prior month and 130 listings (83%) 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 2,161 sqft
    2018-03-01 0 days 2,224 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 2,005 sqft
    2019-11-01 0 days 2,023 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 2,086 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
    2022-12-01 0 days 2,009 sqft
    2023-01-01 0 days 2,019 sqft
    2023-02-01 0 days 2,008 sqft
    2023-03-01 0 days 2,022 sqft
    2023-04-01 0 days 2,022 sqft
    2023-05-01 0 days 2,012 sqft
    Pahrump's median listing age (time on market) for 2023-05-01 was 0 days.

    Pahrump's median square footage for active listings during the 2023-05-01 period was 2,012 sqft. One year prior, the average listing was 2,022 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.