Pine Bluff VA Loan Rates, Closing Costs & Stats

PINE BLUFF, AR

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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.

    Pine Bluff's 31 lenders originated 88 VA loans during 2023. The total origination value was $18,840,000, with an average VA loan value of $214,091.

    Pine Bluff VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pine Bluff averaged 7.14% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Pine Bluff's average VA mortgage closing costs are $4,192.

    The average rate for the prior week (2024-04-12) was 6.97% and one month ago for the week of 2024-03-15, the average rate was 6.83%.

    The average rate one year ago was 6.52%.

    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.

    Pine Bluff 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 Pine Bluff level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 19 7.04% $2,629
    MORTGAGE FINANCIAL SERVICES, LLC 9 6.75% $5,707
    NEW DAY FINANCIAL, LLC 8 7.75% $8,995
    QUICKEN LOANS, LLC 7 6.26% $7,266
    Simmons Bank 3 7.38% $7,581
    PINE BLUFF COTTON BELT Federal Credit Union 3 6.54% $5,559
    FirstTrust Home Loans, Inc. 3 6.75% $3,587
    GUARANTEED RATE, INC. 2 7.25% $5,756
    Mr. Cooper ( Nationstar Mortgage ) 2 6.19% $8,652
    CROSSCOUNTRY MORTGAGE, LLC 2 7.25% $3,077
    NAVY FEDERAL CREDIT UNION 2 5.56% $1,897
    Barrington Bank & Trust Company, N.A. 2 6.50% $5,268
    PILGRIM MORTGAGE LLC 1 6.50% $1,338
    PLANET HOME LENDING, LLC 1 5.88% $3,091
    SOUTHWEST STAGE FUNDING, LLC 1 5.88% $0
    TIB The Independent Bankersbank 1 6.25% $11,093
    Trustmark National Bank 1 6.25% $6,769
    USAA Federal Savings Bank 1 7.13% $3,960
    Armed Forces Bank 1 6.50% $3,726
    U.S. Bank 1 6.75% $2,991
    CARDINAL FINANCIAL 1 5.63% $5,875
    Community First National Bank 1 5.75% $9,271
    DAS Acquisition Company, LLC 1 6.13% $4,677
    ENCORE BANK 1 6.25% $11,792
    EVERETT FINANCIAL, INC. 1 6.63% $14,488
    FLAT BRANCH MORTGAGE, INC. 1 6.25% $13,966
    GSF Mortgage Corporation 1 6.63% $12,057
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.63% $0
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $10,912
    PENNYMAC LOAN SERVICES, LLC 1 5.25% $2,831
    PENTAGON FEDERAL CREDIT UNION 1 6.63% $3,761

    The top Pine Bluff VA lender as defined by loan originations is Mortgage Research Center, LLC, with 19 VA loans originated. Their average total fees are $2,629, which is $3,078 lower than the next largest lender, MORTGAGE FINANCIAL SERVICES, LLC.

    The lowest fee Pine Bluff VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($2,629), .

    The lowest rate Pine Bluff VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (7.04%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pine Bluff (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 $95,250 (4.7%) $112,958 (-6.7%) 0.00 201
    2018-02-01 $95,000 (-2.5%) $112,624 (-8.2%) 0.00 198
    2018-03-01 $84,959 (-15.0%) $103,314 (-17.7%) 0.00 192
    2018-04-01 $88,600 (-8.7%) $112,743 (-9.1%) 0.00 196
    2018-05-01 $95,000 (-0.1%) $116,755 (-3.3%) 0.00 204
    2018-06-01 $99,700 (4.8%) $117,496 (-4.4%) 0.00 209
    2018-07-01 $99,800 (0.7%) $118,049 (-4.2%) 0.00 205
    2018-08-01 $99,600 (7.7%) $116,754 (-0.1%) 0.00 218
    2018-09-01 $99,900 (5.2%) $120,419 (3.1%) 0.00 218
    2018-10-01 $97,950 (3.6%) $118,503 (4.4%) 0.00 218
    2018-11-01 $89,800 (-0.1%) $112,312 (2.0%) 0.00 231
    2018-12-01 $90,000 (-2.2%) $112,533 (1.5%) 0.00 217
    2019-01-01 $88,900 (-6.7%) $107,169 (-5.1%) 0.00 214
    2019-02-01 $88,500 (-6.8%) $107,807 (-4.3%) 0.00 207
    2019-03-01 $88,186 (3.8%) $110,421 (6.9%) 0.00 212
    2019-04-01 $92,500 (4.4%) $114,906 (1.9%) 0.00 217
    2019-05-01 $91,850 (-3.3%) $112,410 (-3.7%) 0.00 206
    2019-06-01 $85,000 (-14.7%) $115,059 (-2.1%) 0.00 203
    2019-07-01 $85,575 (-14.3%) $116,494 (-1.3%) 0.00 200
    2019-08-01 $82,336 (-17.3%) $115,149 (-1.4%) 0.00 211
    2019-09-01 $78,491 (-21.4%) $113,881 (-5.4%) 0.00 232
    2019-10-01 $75,927 (-22.5%) $112,518 (-5.1%) 0.00 248
    2019-11-01 $74,900 (-16.6%) $105,553 (-6.0%) 0.00 250
    2019-12-01 $70,000 (-22.2%) $101,588 (-9.7%) 0.00 239
    2020-01-01 $69,900 (-21.4%) $102,113 (-4.7%) 0.00 223
    2020-02-01 $74,900 (-15.4%) $106,028 (-1.7%) 0.00 214
    2020-03-01 $79,500 (-9.9%) $108,243 (-2.0%) 0.00 209
    2020-04-01 $75,875 (-18.0%) $105,783 (-7.9%) 0.00 204
    2020-05-01 $74,950 (-18.4%) $103,249 (-8.2%) 0.00 182
    2020-06-01 $71,163 (-16.3%) $101,807 (-11.5%) 0.00 159
    2020-07-01 $75,000 (-12.4%) $114,423 (-1.8%) 0.00 144
    2020-08-01 $74,700 (-9.3%) $116,163 (0.9%) 0.00 129
    2020-09-01 $85,475 (8.9%) $127,223 (11.7%) 0.00 127
    2020-10-01 $96,500 (27.1%) $123,176 (9.5%) 0.00 132
    2020-11-01 $102,400 (36.7%) $127,453 (20.8%) 0.00 130
    2020-12-01 $104,950 (49.9%) $129,450 (27.4%) 0.00 130
    2021-01-01 $98,000 (40.2%) $129,679 (27.0%) 0.00 100
    2021-02-01 $86,000 (14.8%) $116,167 (9.6%) 0.00 90
    2021-03-01 $100,450 (26.4%) $117,785 (8.8%) 0.00 89
    2021-04-01 $99,950 (31.7%) $117,711 (11.3%) 0.00 87
    2021-05-01 $90,500 (20.8%) $114,130 (10.5%) 0.00 83
    2021-06-01 $91,875 (29.1%) $117,733 (15.6%) 0.00 84
    2021-07-01 $102,450 (36.6%) $132,835 (16.1%) 0.00 100
    2021-08-01 $105,188 (40.8%) $136,325 (17.4%) 0.00 116
    2021-09-01 $109,975 (28.7%) $142,433 (12.0%) 0.00 127
    2021-10-01 $110,000 (14.0%) $142,411 (15.6%) 0.00 136
    2021-11-01 $110,000 (7.4%) $141,090 (10.7%) 0.00 135
    2021-12-01 $114,000 (8.6%) $142,493 (10.1%) 0.00 128
    2022-01-01 $115,000 (17.4%) $149,602 (15.4%) 0.00 109
    2022-02-01 $108,225 (25.8%) $140,369 (20.8%) 0.00 98
    2022-03-01 $118,875 (18.3%) $149,703 (27.1%) 0.00 93
    2022-04-01 $135,000 (35.1%) $161,578 (37.3%) 0.00 98
    2022-05-01 $144,975 (60.2%) $160,212 (40.4%) 0.00 99
    2022-06-01 $131,250 (42.9%) $160,574 (36.4%) 0.00 105
    2022-07-01 $129,900 (26.8%) $161,454 (21.5%) 0.00 114
    2022-08-01 $126,175 (20.0%) $156,579 (14.9%) 0.00 115
    2022-09-01 $139,000 (26.4%) $161,706 (13.5%) 0.00 130
    2022-10-01 $149,950 (36.3%) $173,318 (21.7%) 0.00 129
    2022-11-01 $145,000 (31.8%) $164,302 (16.5%) 0.00 139
    2022-12-01 $140,000 (22.8%) $162,458 (14.0%) 0.00 135
    2023-01-01 $136,475 (18.7%) $157,774 (5.5%) 0.00 121
    2023-02-01 $139,750 (29.1%) $152,701 (8.8%) 0.00 123
    2023-03-01 $130,750 (10.0%) $150,683 (0.7%) 0.00 143
    2023-04-01 $138,500 (2.6%) $159,679 (-1.2%) 0.00 148
    2023-05-01 $119,900 (-17.3%) $155,589 (-2.9%) 0.00 142
    2023-06-01 $131,750 (0.4%) $159,798 (-0.5%) 0.00 151
    2023-07-01 $130,000 (0.1%) $156,416 (-3.1%) 0.00 152
    2023-08-01 $131,000 (3.8%) $170,883 (9.1%) 0.00 165
    2023-09-01 $139,000 (0.0%) $174,888 (8.2%) 0.00 172
    2023-10-01 $138,000 (-8.0%) $174,780 (0.8%) 0.00 178
    2023-11-01 $136,925 (-5.6%) $172,825 (5.2%) 0.00 174
    2023-12-01 $132,250 (-5.5%) $167,634 (3.2%) 0.00 184
    2024-01-01 $136,600 (0.1%) $172,532 (9.4%) 0.00 172
    2024-02-01 $134,250 (-3.9%) $161,991 (6.1%) 0.00 183
    2024-03-01 $135,000 (3.3%) $163,534 (8.5%) 0.00 166
    Pine Bluff's median listing price for 2024-03-01 was $135,000, a difference of $4,250 (3.3%) versus the prior year and $750 versus the prior month.

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

    Pine Bluff's average listing price for 2024-03-01 was $163,534, a difference of $12,851 (8.5%) versus the prior year and $1,543 versus the prior month.

    For the 2024-03-01 period, Pine Bluff had 166 MLS listings, a difference of -17 listings (-9%) versus the prior month and 23 listings (16%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pine Bluff (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,815 sqft
    2018-02-01 0 days 1,811 sqft
    2018-03-01 0 days 1,800 sqft
    2018-04-01 0 days 1,776 sqft
    2018-05-01 0 days 1,796 sqft
    2018-06-01 0 days 1,810 sqft
    2018-07-01 0 days 1,825 sqft
    2018-08-01 0 days 1,838 sqft
    2018-09-01 0 days 1,833 sqft
    2018-10-01 0 days 1,808 sqft
    2018-11-01 0 days 1,802 sqft
    2018-12-01 0 days 1,748 sqft
    2019-01-01 0 days 1,700 sqft
    2019-02-01 0 days 1,687 sqft
    2019-03-01 0 days 1,712 sqft
    2019-04-01 0 days 1,749 sqft
    2019-05-01 0 days 1,742 sqft
    2019-06-01 0 days 1,712 sqft
    2019-07-01 0 days 1,690 sqft
    2019-08-01 0 days 1,663 sqft
    2019-09-01 0 days 1,649 sqft
    2019-10-01 0 days 1,638 sqft
    2019-11-01 0 days 1,605 sqft
    2019-12-01 0 days 1,613 sqft
    2020-01-01 0 days 1,622 sqft
    2020-02-01 0 days 1,580 sqft
    2020-03-01 0 days 1,567 sqft
    2020-04-01 0 days 1,572 sqft
    2020-05-01 0 days 1,544 sqft
    2020-06-01 0 days 1,527 sqft
    2020-07-01 0 days 1,560 sqft
    2020-08-01 0 days 1,572 sqft
    2020-09-01 0 days 1,667 sqft
    2020-10-01 0 days 1,639 sqft
    2020-11-01 0 days 1,689 sqft
    2020-12-01 0 days 1,648 sqft
    2021-01-01 0 days 1,713 sqft
    2021-02-01 0 days 1,625 sqft
    2021-03-01 0 days 1,655 sqft
    2021-04-01 0 days 1,624 sqft
    2021-05-01 0 days 1,573 sqft
    2021-06-01 0 days 1,526 sqft
    2021-07-01 0 days 1,632 sqft
    2021-08-01 0 days 1,754 sqft
    2021-09-01 0 days 1,750 sqft
    2021-10-01 0 days 1,664 sqft
    2021-11-01 0 days 1,657 sqft
    2021-12-01 0 days 1,671 sqft
    2022-01-01 0 days 1,714 sqft
    2022-02-01 0 days 1,578 sqft
    2022-03-01 0 days 1,718 sqft
    2022-04-01 0 days 1,819 sqft
    2022-05-01 0 days 1,898 sqft
    2022-06-01 0 days 1,845 sqft
    2022-07-01 0 days 1,754 sqft
    2022-08-01 0 days 1,775 sqft
    2022-09-01 0 days 1,735 sqft
    2022-10-01 0 days 1,774 sqft
    2022-11-01 0 days 1,722 sqft
    2022-12-01 0 days 1,731 sqft
    2023-01-01 0 days 1,760 sqft
    2023-02-01 0 days 1,694 sqft
    2023-03-01 0 days 1,676 sqft
    2023-04-01 0 days 1,728 sqft
    2023-05-01 0 days 1,626 sqft
    2023-06-01 0 days 1,679 sqft
    2023-07-01 0 days 1,633 sqft
    2023-08-01 0 days 1,672 sqft
    2023-09-01 0 days 1,720 sqft
    2023-10-01 0 days 1,707 sqft
    2023-11-01 0 days 1,666 sqft
    2023-12-01 0 days 1,651 sqft
    2024-01-01 0 days 1,652 sqft
    2024-02-01 0 days 1,646 sqft
    2024-03-01 0 days 1,636 sqft
    Pine Bluff's median listing age (time on market) for 2024-03-01 was 0 days.

    Pine Bluff's median square footage for active listings during the 2024-03-01 period was 1,636 sqft. One year prior, the average listing was 1,676 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.