Pinehurst VA Loan Rates, Closing Costs & Stats

Pinehurst-Southern Pines, NC

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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.

    Pinehurst's 98 lenders originated 829 VA loans during 2023. The total origination value was $348,725,000, with an average VA loan value of $420,657.

    Pinehurst VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pinehurst averaged 6.41% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Pinehurst's average VA mortgage closing costs are $7,342.

    The average rate for the prior week (2024-04-12) was 6.34% and one month ago for the week of 2024-03-15, the average rate was 6.41%.

    The average rate one year ago was 5.7%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Pinehurst 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 Pinehurst level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 74 5.97% $11,310
    MOVEMENT MORTGAGE, LLC 65 6.24% $13,200
    NFM, INC. 62 6.28% $11,592
    Mortgage Research Center, LLC 58 6.49% $10,551
    JET HOMELOANS, LLC 42 6.13% $8,170
    GoPrime Mortgage, Inc. 41 6.12% $8,975
    PENNYMAC LOAN SERVICES, LLC 30 5.76% $16,085
    Prosperity Home Mortgage, LLC 29 5.96% $13,723
    QUICKEN LOANS, LLC 24 5.90% $15,030
    NAVY FEDERAL CREDIT UNION 24 5.78% $9,040
    DHI MORTGAGE COMPANY, LTD. 21 5.21% $8,398
    USAA Federal Savings Bank 20 6.09% $9,869
    American Security Mortgage Corp. 16 6.00% $10,930
    UNION HOME MORTGAGE CORP. 15 6.30% $14,154
    BROKER SOLUTIONS, INC. 14 6.20% $13,971
    CROSSCOUNTRY MORTGAGE, LLC 14 6.45% $13,279
    ACADEMY MORTGAGE CORPORATION 13 6.05% $18,128
    INTERCOASTAL MORTGAGE COMPANY 13 6.22% $11,326
    MUTUAL OF OMAHA MORTGAGE, INC. 12 5.80% $13,642
    Alcova Mortgage LLC 11 6.65% $9,839
    Wells Fargo Bank 8 5.77% $8,412
    FREEDOM MORTGAGE CORPORATION 8 6.48% $15,752
    CARDINAL FINANCIAL 7 7.07% $15,311
    LOANDEPOT.COM, LLC 7 5.80% $9,731
    GUARANTEED RATE, INC. 7 6.50% $7,966
    Mr. Cooper ( Nationstar Mortgage ) 6 5.56% $17,679
    CORNERSTONE HOME LENDING, INC. 6 5.96% $9,354
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.42% $12,564
    NEW DAY FINANCIAL, LLC 6 7.14% $13,517
    Plains Commerce Bank 5 5.63% $14,013
    PENTAGON FEDERAL CREDIT UNION 5 6.03% $7,963
    SOUTHERN TRUST MORTGAGE, LLC 5 6.23% $14,927
    HOMESIDE FINANCIAL, LLC 5 6.53% $14,725
    Armed Forces Bank 5 5.78% $14,157
    CMG MORTGAGE, INC. 4 6.13% $10,845
    HOMEBRIDGE FINANCIAL SERVICES, INC. 4 5.75% $15,575
    NEWREZ LLC 4 5.97% $9,295
    PLAZA HOME MORTGAGE, INC. 4 6.00% $7,782
    The Federal Savings Bank 4 6.63% $23,528
    First Bank 3 5.63% $6,676
    Truist 3 5.95% $12,073
    Century Mortgage Company DBA Century Lending Company 3 5.79% $13,511
    BNC National Bank 3 5.46% $12,729
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.38% $14,557
    TIDEWATER MORTGAGE SERVICES, INC. 3 6.50% $12,424
    EMM LOANS LLC 2 5.75% $40,057
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.94% $8,536
    DELMAR FINANCIAL COMPANY 2 7.19% $10,590
    HOMESPIRE MORTGAGE CORPORATION 2 6.63% $6,723
    LOANPAL, LLC 2 6.75% $6,328
    Mid-Continent Funding, Inc. 2 6.00% $5,734
    NBKC BANK 2 5.69% $12,787
    North American Savings Bank, F.S.B. 2 5.00% $6,268
    Paramount Residential Mortgage Group, Inc. 2 5.88% $12,824
    Sierra Pacific Mortgage Company, Inc. 2 5.81% $17,451
    The Central Trust Bank 2 5.69% $13,776
    VERITAS FUNDING, LLC 2 6.75% $18,988
    ZILLOW HOME LOANS, LLC 2 6.00% $11,146
    NEW FED MORTGAGE, CORP. 1 6.25% $26,568
    Integrity Home Mortgage Corp 1 7.25% $11,653
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.75% $3,970
    AMERICAN FINANCIAL NETWORK, INC. 1 6.75% $13,033
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.75% $10,194
    First Western Trust Bank 1 6.25% $9,779
    First National Bank Texas 1 5.63% $14,880
    First National Bank of Pennsylvania 1 6.88% $2,766
    First National Bank of Omaha 1 6.63% $3,092
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.25% $23,000
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.75% $10,289
    Fifth Third Bank 1 6.50% $2,154
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $4,019
    Sandy Spring Bank 1 7.25% $3,164
    SeaTrust Mortgage Company 1 6.13% $20,651
    SECURITYNATIONAL MORTGAGE COMPANY 1 5.75% $4,485
    Shamrock Home Loans, Inc. 1 6.25% $4,619
    ACOPIA, LLC 1 7.49% $10,999
    CONTOUR MORTGAGE CORPORATION 1 6.25% $11,747
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.63% $11,648
    Sunflower Bank 1 5.63% $3,478
    SUN WEST MORTGAGE COMPANY, INC. 1 6.00% $8,095
    T2 FINANCIAL LLC 1 7.13% $825
    Watermark Capital, Inc. 1 5.13% $11,922
    Citizens Bank 1 6.00% $13,089
    The Fidelity Bank 1 6.25% $8,902
    Capital Bank 1 5.75% $10,675
    TOP FLITE FINANCIAL, INC. 1 6.75% $27,827
    TOWNE MORTGAGE COMPANY 1 6.25% $6,804
    Towne Mortgage of the Carolinas, LLC 1 6.50% $7,341
    CALCON MUTUAL MORTGAGE LLC 1 6.75% $28,690
    AMERISAVE MORTGAGE CORPORATION 1 5.75% $14,892
    Union Savings Bank 1 6.25% $0
    MICHIGAN MUTUAL, INC. 1 6.63% $16,935
    Magnolia Bank 1 6.00% $36,368
    Lakeview Community Capital, LLC 1 6.25% $10,112
    Keystone Funding, Inc. 1 5.25% $23,712
    JPMorgan Chase Bank 1 5.88% $37,909
    AMERICAN FINANCING CORPORATION 1 5.75% $31,518
    JAMS-01, INC. 1 6.63% $20,146

    The top Pinehurst VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 74 VA loans originated. Their average total fees are $11,310, which is $1,890 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

    The lowest fee Pinehurst VA lenders (with over 10 loans originated) are JET HOMELOANS, LLC ($8,170), DHI MORTGAGE COMPANY, LTD. ($8,398), GoPrime Mortgage, Inc. ($8,975), NAVY FEDERAL CREDIT UNION ($9,040) and Alcova Mortgage LLC ($9,839).

    The lowest rate Pinehurst VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.21%), PENNYMAC LOAN SERVICES, LLC (5.76%), NAVY FEDERAL CREDIT UNION (5.78%), MUTUAL OF OMAHA MORTGAGE, INC. (5.80%) and QUICKEN LOANS, LLC (5.90%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pinehurst (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 $299,900 (1.3%) $379,508 (4.2%) 0.00 837
    2018-02-01 $301,137 (2.5%) $384,663 (4.8%) 0.00 832
    2018-03-01 $309,950 (3.8%) $389,808 (6.1%) 0.00 843
    2018-04-01 $308,719 (3.1%) $391,013 (6.4%) 0.00 872
    2018-05-01 $300,000 (0.0%) $387,286 (4.9%) 0.00 899
    2018-06-01 $300,000 (0.3%) $391,773 (6.8%) 0.00 884
    2018-07-01 $307,541 (2.9%) $393,962 (7.6%) 0.00 830
    2018-08-01 $305,500 (1.9%) $391,360 (6.2%) 0.00 821
    2018-09-01 $306,815 (2.3%) $386,721 (3.8%) 0.00 808
    2018-10-01 $309,168 (3.1%) $387,944 (5.0%) 0.00 785
    2018-11-01 $306,816 (2.3%) $385,798 (2.4%) 0.00 769
    2018-12-01 $304,950 (1.7%) $386,789 (2.3%) 0.00 761
    2019-01-01 $307,000 (2.4%) $390,857 (3.0%) 0.00 716
    2019-02-01 $312,500 (3.8%) $396,296 (3.0%) 0.00 738
    2019-03-01 $318,416 (2.7%) $412,745 (5.9%) 0.00 717
    2019-04-01 $323,985 (5.0%) $427,694 (9.4%) 0.00 713
    2019-05-01 $336,250 (12.1%) $431,560 (11.4%) 0.00 713
    2019-06-01 $333,860 (11.3%) $424,199 (8.3%) 0.00 715
    2019-07-01 $334,360 (8.7%) $428,895 (8.9%) 0.00 679
    2019-08-01 $332,678 (8.9%) $428,178 (9.4%) 0.00 675
    2019-09-01 $331,115 (7.9%) $426,861 (10.4%) 0.00 671
    2019-10-01 $329,950 (6.7%) $426,222 (9.9%) 0.00 667
    2019-11-01 $329,900 (7.5%) $433,028 (12.2%) 0.00 623
    2019-12-01 $331,865 (8.8%) $440,174 (13.8%) 0.00 588
    2020-01-01 $333,595 (8.7%) $436,886 (11.8%) 0.00 561
    2020-02-01 $339,210 (8.6%) $430,001 (8.5%) 0.00 548
    2020-03-01 $339,675 (6.7%) $428,234 (3.8%) 0.00 575
    2020-04-01 $337,179 (4.1%) $414,272 (-3.1%) 0.00 589
    2020-05-01 $339,450 (1.0%) $417,576 (-3.2%) 0.00 528
    2020-06-01 $335,750 (0.6%) $424,898 (0.2%) 0.00 468
    2020-07-01 $330,000 (-1.3%) $424,895 (-0.9%) 0.00 414
    2020-08-01 $331,237 (-0.4%) $440,858 (3.0%) 0.00 391
    2020-09-01 $347,225 (4.9%) $446,312 (4.6%) 0.00 362
    2020-10-01 $346,534 (5.0%) $446,540 (4.8%) 0.00 322
    2020-11-01 $352,625 (6.9%) $443,957 (2.5%) 0.00 298
    2020-12-01 $350,000 (5.5%) $461,338 (4.8%) 0.00 273
    2021-01-01 $365,000 (9.4%) $494,942 (13.3%) 0.00 206
    2021-02-01 $365,893 (7.9%) $499,326 (16.1%) 0.00 174
    2021-03-01 $358,200 (5.5%) $480,815 (12.3%) 0.00 236
    2021-04-01 $364,750 (8.2%) $479,781 (15.8%) 0.00 270
    2021-05-01 $366,915 (8.1%) $527,880 (26.4%) 0.00 139
    2021-06-01 $372,475 (10.9%) $504,552 (18.8%) 0.00 152
    2021-07-01 $377,000 (14.2%) $529,372 (24.6%) 0.00 155
    2021-08-01 $382,796 (15.6%) $508,731 (15.4%) 0.00 183
    2021-09-01 $385,000 (10.9%) $485,188 (8.7%) 0.00 181
    2021-10-01 $390,000 (12.5%) $516,229 (15.6%) 0.00 189
    2021-11-01 $399,000 (13.2%) $590,779 (33.1%) 0.00 193
    2021-12-01 $399,000 (14.0%) $587,025 (27.2%) 0.00 156
    2022-01-01 $399,000 (9.3%) $605,545 (22.4%) 0.00 144
    2022-02-01 $432,313 (18.2%) $656,980 (31.6%) 0.00 100
    2022-03-01 $465,375 (29.9%) $623,057 (29.6%) 0.00 104
    2022-04-01 $452,500 (24.1%) $616,449 (28.5%) 0.00 134
    2022-05-01 $449,975 (22.6%) $573,836 (8.7%) 0.00 176
    2022-06-01 $450,000 (20.8%) $619,007 (22.7%) 0.00 217
    2022-07-01 $461,720 (22.5%) $616,908 (16.5%) 0.00 246
    2022-08-01 $449,950 (17.5%) $598,264 (17.6%) 0.00 279
    2022-09-01 $462,450 (20.1%) $589,998 (21.6%) 0.00 311
    2022-10-01 $465,000 (19.2%) $592,861 (14.8%) 0.00 342
    2022-11-01 $455,795 (14.2%) $584,403 (-1.1%) 0.00 347
    2022-12-01 $459,000 (15.0%) $575,941 (-1.9%) 0.00 333
    2023-01-01 $456,285 (14.4%) $564,532 (-6.8%) 0.00 300
    2023-02-01 $453,570 (4.9%) $562,503 (-14.4%) 0.00 255
    2023-03-01 $466,225 (0.2%) $553,962 (-11.1%) 0.00 236
    2023-04-01 $480,000 (6.1%) $573,825 (-6.9%) 0.00 230
    2023-05-01 $487,125 (8.3%) $571,268 (-0.5%) 0.00 249
    2023-06-01 $480,000 (6.7%) $568,730 (-8.1%) 0.00 290
    2023-07-01 $482,900 (4.6%) $591,123 (-4.2%) 0.00 307
    2023-08-01 $484,450 (7.7%) $597,356 (-0.2%) 0.00 322
    2023-09-01 $471,400 (1.9%) $583,795 (-1.1%) 0.00 363
    2023-10-01 $455,000 (-2.2%) $561,459 (-5.3%) 0.00 381
    2023-11-01 $463,475 (1.7%) $582,491 (-0.3%) 0.00 402
    2023-12-01 $463,521 (1.0%) $588,526 (2.2%) 0.00 407
    2024-01-01 $468,925 (2.8%) $583,747 (3.4%) 0.00 390
    2024-02-01 $463,225 (2.1%) $596,240 (6.0%) 0.00 358
    2024-03-01 $455,000 (-2.4%) $602,148 (8.7%) 0.00 358
    Pinehurst's median listing price for 2024-03-01 was $455,000, a difference of $-11,225 (-2.4%) versus the prior year and $-8,225 versus the prior month.

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

    Pinehurst's average listing price for 2024-03-01 was $602,148, a difference of $48,186 (8.7%) versus the prior year and $5,908 versus the prior month.

    For the 2024-03-01 period, Pinehurst had 358 MLS listings, a difference of 0 listings (0%) versus the prior month and 122 listings (52%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pinehurst (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,500 sqft
    2018-02-01 0 days 2,500 sqft
    2018-03-01 0 days 2,500 sqft
    2018-04-01 0 days 2,500 sqft
    2018-05-01 0 days 2,500 sqft
    2018-06-01 0 days 2,500 sqft
    2018-07-01 0 days 2,512 sqft
    2018-08-01 0 days 2,500 sqft
    2018-09-01 0 days 2,500 sqft
    2018-10-01 0 days 2,500 sqft
    2018-11-01 0 days 2,500 sqft
    2018-12-01 0 days 2,500 sqft
    2019-01-01 0 days 2,500 sqft
    2019-02-01 0 days 2,448 sqft
    2019-03-01 0 days 2,478 sqft
    2019-04-01 0 days 2,540 sqft
    2019-05-01 0 days 2,562 sqft
    2019-06-01 0 days 2,545 sqft
    2019-07-01 0 days 2,556 sqft
    2019-08-01 0 days 2,551 sqft
    2019-09-01 0 days 2,550 sqft
    2019-10-01 0 days 2,549 sqft
    2019-11-01 0 days 2,510 sqft
    2019-12-01 0 days 2,551 sqft
    2020-01-01 0 days 2,521 sqft
    2020-02-01 0 days 2,514 sqft
    2020-03-01 0 days 2,516 sqft
    2020-04-01 0 days 2,500 sqft
    2020-05-01 0 days 2,500 sqft
    2020-06-01 0 days 2,512 sqft
    2020-07-01 0 days 2,492 sqft
    2020-08-01 0 days 2,500 sqft
    2020-09-01 0 days 2,544 sqft
    2020-10-01 0 days 2,550 sqft
    2020-11-01 0 days 2,536 sqft
    2020-12-01 0 days 2,518 sqft
    2021-01-01 0 days 2,512 sqft
    2021-02-01 0 days 2,389 sqft
    2021-03-01 0 days 2,345 sqft
    2021-04-01 0 days 2,343 sqft
    2021-05-01 0 days 2,262 sqft
    2021-06-01 0 days 2,298 sqft
    2021-07-01 0 days 2,254 sqft
    2021-08-01 0 days 2,312 sqft
    2021-09-01 0 days 2,281 sqft
    2021-10-01 0 days 2,288 sqft
    2021-11-01 0 days 2,369 sqft
    2021-12-01 0 days 2,357 sqft
    2022-01-01 0 days 2,367 sqft
    2022-02-01 0 days 2,344 sqft
    2022-03-01 0 days 2,463 sqft
    2022-04-01 0 days 2,445 sqft
    2022-05-01 0 days 2,427 sqft
    2022-06-01 0 days 2,415 sqft
    2022-07-01 0 days 2,500 sqft
    2022-08-01 0 days 2,453 sqft
    2022-09-01 0 days 2,491 sqft
    2022-10-01 0 days 2,497 sqft
    2022-11-01 0 days 2,474 sqft
    2022-12-01 0 days 2,455 sqft
    2023-01-01 0 days 2,444 sqft
    2023-02-01 0 days 2,416 sqft
    2023-03-01 0 days 2,429 sqft
    2023-04-01 0 days 2,468 sqft
    2023-05-01 0 days 2,383 sqft
    2023-06-01 0 days 2,355 sqft
    2023-07-01 0 days 2,375 sqft
    2023-08-01 0 days 2,331 sqft
    2023-09-01 0 days 2,283 sqft
    2023-10-01 0 days 2,209 sqft
    2023-11-01 0 days 2,253 sqft
    2023-12-01 0 days 2,292 sqft
    2024-01-01 0 days 2,299 sqft
    2024-02-01 0 days 2,304 sqft
    2024-03-01 0 days 2,352 sqft
    Pinehurst's median listing age (time on market) for 2024-03-01 was 0 days.

    Pinehurst's median square footage for active listings during the 2024-03-01 period was 2,352 sqft. One year prior, the average listing was 2,429 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.