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 57 lenders originated 201 VA loans during 2023. The total origination value was $61,485,000, with an average VA loan value of $305,896.

    Pahrump VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pahrump averaged 7.02% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Pahrump's average VA mortgage closing costs are $6,154.

    The average rate for the prior week (2024-04-12) was 6.55% and one month ago for the week of 2024-03-15, the average rate was 6.51%.

    The average rate one year ago was 6.2%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.56%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 18 6.67% $7,812
    UNITED WHOLESALE MORTGAGE, LLC 17 6.12% $4,791
    DHI MORTGAGE COMPANY, LTD. 13 5.59% $4,868
    QUICKEN LOANS, LLC 11 6.29% $9,028
    GUILD MORTGAGE COMPANY 10 6.49% $13,947
    AXIA FINANCIAL, LLC 9 6.63% $10,051
    South Pacific Financial Corporation 8 5.80% $5,872
    LEADERONE FINANCIAL CORPORATION 7 7.07% $6,025
    LOANDEPOT.COM, LLC 7 6.61% $10,388
    The Federal Savings Bank 6 6.60% $15,556
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.40% $9,567
    BROKER SOLUTIONS, INC. 5 6.80% $12,127
    MUTUAL OF OMAHA MORTGAGE, INC. 4 6.88% $9,508
    FREEDOM MORTGAGE CORPORATION 4 6.19% $17,125
    NEW DAY FINANCIAL, LLC 3 7.00% $17,513
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 6.33% $5,020
    Prosperity Home Mortgage, LLC 3 6.91% $9,172
    AMERISAVE MORTGAGE CORPORATION 3 5.42% $23,217
    NAVY FEDERAL CREDIT UNION 3 6.38% $4,347
    AMERICAN FINANCIAL NETWORK, INC. 3 6.13% $14,003
    GUARANTEED RATE, INC. 3 6.83% $2,849
    CROSSCOUNTRY MORTGAGE, LLC 3 7.08% $9,204
    VILLAGE CAPITAL MORTGAGE 2 6.00% $7,732
    CARDINAL FINANCIAL 2 6.75% $13,228
    Equity Prime Mortgage LLC 2 6.81% $4,635
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.00% $17,409
    HOMEAMERICAN MORTGAGE CORPORATION 2 7.31% $6,942
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.63% $14,548
    MOVEMENT MORTGAGE, LLC 2 7.13% $11,739
    LOANPAL, LLC 1 5.75% $21,014
    Magnolia Bank 1 5.63% $13,269
    Hometown Equity Mortgage, LLC 1 6.75% $4,450
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $615
    ALAMEDA MORTGAGE CORPORATION 1 6.25% $28,253
    HighTechLending Inc 1 6.25% $9,243
    NATIONS DIRECT MORTGAGE, LLC 1 6.75% $12,944
    Nations Lending Corporation 1 7.75% $952
    GENEVA FINANCIAL, LLC 1 7.13% $2,359
    EVERETT FINANCIAL, INC. 1 5.88% $675
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.25% $3,099
    Paramount Residential Mortgage Group, Inc. 1 5.75% $6,101
    PENNYMAC LOAN SERVICES, LLC 1 5.49% $17,140
    PINNACLE LENDING GROUP, INC. 1 6.50% $4,822
    PLANET HOME LENDING, LLC 1 6.13% $8,186
    CHURCHILL MORTGAGE CORPORATION 1 6.75% $4,370
    Century Mortgage Company DBA Century Lending Company 1 4.99% $12,157
    RESIDENTIAL BANCORP 1 6.13% $6,801
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 7.13% $5,892
    Sierra Pacific Mortgage Company, Inc. 1 7.50% $8,369
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.75% $5,974
    SOVEREIGN LENDING GROUP INCORPORATED 1 5.50% $15,155
    SUN WEST MORTGAGE COMPANY, INC. 1 7.13% $4,918
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $7,526
    UNION HOME MORTGAGE CORP. 1 6.63% $13,139
    AMERICAN FINANCING CORPORATION 1 5.25% $11,049
    USAA Federal Savings Bank 1 5.00% $12,588
    INTERCAP LENDING INC. 1 6.63% $9,641

    The top Pahrump VA lender as defined by loan originations is Mortgage Research Center, LLC, with 18 VA loans originated. Their average total fees are $7,812, which is $3,021 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Pahrump VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($4,791), DHI MORTGAGE COMPANY, LTD. ($4,868), Mortgage Research Center, LLC ($7,812), QUICKEN LOANS, LLC ($9,028) and GUILD MORTGAGE COMPANY ($13,947).

    The lowest rate Pahrump VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.59%), UNITED WHOLESALE MORTGAGE, LLC (6.12%), QUICKEN LOANS, LLC (6.29%), GUILD MORTGAGE COMPANY (6.49%) and Mortgage Research Center, LLC (6.67%).

    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 (18.8%) $281,437 (14.2%) 0.00 130
    2018-02-01 $264,725 (16.5%) $279,656 (7.2%) 0.00 146
    2018-03-01 $278,900 (22.9%) $318,389 (18.7%) 0.00 136
    2018-04-01 $280,475 (22.0%) $328,781 (19.6%) 0.00 120
    2018-05-01 $278,485 (19.0%) $324,247 (17.5%) 0.00 116
    2018-06-01 $294,900 (19.4%) $333,482 (17.3%) 0.00 133
    2018-07-01 $284,450 (15.9%) $334,272 (19.1%) 0.00 146
    2018-08-01 $284,725 (14.4%) $337,928 (20.9%) 0.00 166
    2018-09-01 $284,950 (16.4%) $330,018 (17.4%) 0.00 188
    2018-10-01 $291,450 (19.0%) $324,029 (13.9%) 0.00 196
    2018-11-01 $290,000 (16.5%) $323,765 (11.4%) 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 (9.2%) $311,746 (11.5%) 0.00 205
    2019-03-01 $287,835 (3.2%) $305,506 (-4.1%) 0.00 196
    2019-04-01 $284,975 (1.6%) $300,527 (-8.6%) 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 (-7.4%) $287,501 (-11.3%) 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 $289,944 (0.7%) $313,669 (2.7%) 0.00 224
    2020-04-01 $289,900 (1.7%) $321,562 (7.0%) 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 $289,225 (1.5%) $319,795 (7.9%) 0.00 204
    2020-08-01 $299,000 (6.5%) $332,061 (13.1%) 0.00 152
    2020-09-01 $295,250 (7.7%) $334,236 (15.6%) 0.00 146
    2020-10-01 $309,997 (14.9%) $350,137 (21.8%) 0.00 132
    2020-11-01 $300,000 (5.3%) $349,014 (16.8%) 0.00 122
    2020-12-01 $304,998 (5.3%) $352,352 (17.2%) 0.00 110
    2021-01-01 $299,995 (3.9%) $349,387 (15.7%) 0.00 101
    2021-02-01 $302,238 (4.2%) $337,521 (6.5%) 0.00 116
    2021-03-01 $312,218 (7.7%) $342,143 (9.1%) 0.00 109
    2021-04-01 $325,000 (12.1%) $359,027 (11.7%) 0.00 104
    2021-05-01 $349,900 (20.7%) $381,389 (19.2%) 0.00 99
    2021-06-01 $359,950 (22.2%) $389,229 (25.6%) 0.00 122
    2021-07-01 $360,000 (24.5%) $398,835 (24.7%) 0.00 140
    2021-08-01 $369,000 (23.4%) $406,848 (22.5%) 0.00 147
    2021-09-01 $374,975 (27.0%) $407,297 (21.9%) 0.00 179
    2021-10-01 $379,000 (22.3%) $412,898 (17.9%) 0.00 183
    2021-11-01 $379,059 (26.4%) $408,391 (17.0%) 0.00 174
    2021-12-01 $381,222 (25.0%) $411,925 (16.9%) 0.00 154
    2022-01-01 $380,000 (26.7%) $421,175 (20.6%) 0.00 140
    2022-02-01 $394,925 (30.7%) $421,145 (24.8%) 0.00 147
    2022-03-01 $417,225 (33.6%) $434,943 (27.1%) 0.00 139
    2022-04-01 $435,000 (33.9%) $459,953 (28.1%) 0.00 140
    2022-05-01 $437,000 (24.9%) $463,271 (21.5%) 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%) $440,364 (6.7%) 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
    2023-06-01 $398,000 (-8.4%) $423,041 (-11.5%) 0.00 297
    2023-07-01 $399,900 (-5.9%) $429,511 (-8.9%) 0.00 282
    2023-08-01 $393,973 (-5.5%) $424,718 (-7.4%) 0.00 289
    2023-09-01 $395,000 (-2.0%) $450,970 (-1.2%) 0.00 226
    2023-10-01 $397,500 (-0.6%) $451,843 (2.6%) 0.00 226
    2023-11-01 $399,000 (0.0%) $454,280 (5.4%) 0.00 208
    2023-12-01 $400,000 (0.9%) $446,971 (4.7%) 0.00 206
    2024-01-01 $409,500 (3.3%) $446,394 (6.8%) 0.00 199
    2024-02-01 $419,950 (6.1%) $450,775 (8.4%) 0.00 199
    2024-03-01 $419,450 (4.9%) $462,117 (9.8%) 0.00 212
    Pahrump's median listing price for 2024-03-01 was $419,450, a difference of $19,550 (4.9%) versus the prior year and $-500 versus the prior month.

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

    Pahrump's average listing price for 2024-03-01 was $462,117, a difference of $41,204 (9.8%) versus the prior year and $11,342 versus the prior month.

    For the 2024-03-01 period, Pahrump had 212 MLS listings, a difference of 13 listings (7%) versus the prior month and -39 listings (-16%) 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 2,164 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 2,202 sqft
    2018-07-01 0 days 2,144 sqft
    2018-08-01 0 days 2,126 sqft
    2018-09-01 0 days 2,107 sqft
    2018-10-01 0 days 2,141 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 2,076 sqft
    2019-04-01 0 days 2,062 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 2,021 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 2,021 sqft
    2021-04-01 0 days 2,026 sqft
    2021-05-01 0 days 2,057 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
    2023-06-01 0 days 2,022 sqft
    2023-07-01 0 days 2,029 sqft
    2023-08-01 0 days 1,975 sqft
    2023-09-01 0 days 1,977 sqft
    2023-10-01 0 days 1,997 sqft
    2023-11-01 0 days 2,049 sqft
    2023-12-01 0 days 2,055 sqft
    2024-01-01 0 days 2,057 sqft
    2024-02-01 0 days 2,074 sqft
    2024-03-01 0 days 2,057 sqft
    Pahrump's median listing age (time on market) for 2024-03-01 was 0 days.

    Pahrump's median square footage for active listings during the 2024-03-01 period was 2,057 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.