Pahrump VA Loan Rates, Closing Costs & Stats

Pahrump, NV

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.