Rockingham VA Loan Rates, Closing Costs & Stats

Rockingham, 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.

    Rockingham's 27 lenders originated 74 VA loans during 2024. The total origination value was $18,920,000, with an average VA loan value of $255,676.

    Rockingham VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Rockingham averaged 6.96% for the week of 2025-07-11, compared to the national average (all VA variants) of 6.37% for the same period.

    Rockingham's average VA mortgage closing costs are $5,102.

    The average rate for the prior week (2025-07-04) was 6.47% and one month ago for the week of 2025-06-06, the average rate was 6.94%.

    The average rate one year ago was 6.76%.

    For refis of the same type during the week of 2025-07-11, the average rate was 6.17%.

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

    Rockingham 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 Rockingham level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 17 6.12% $5,296
    QUICKEN LOANS, LLC 6 6.60% $9,636
    FREEDOM MORTGAGE CORPORATION 5 6.33% $6,842
    LOANDEPOT.COM, LLC 4 6.81% $3,127
    UNION HOME MORTGAGE CORP. 4 7.09% $9,247
    NAVY FEDERAL CREDIT UNION 4 5.91% $7,407
    VILLAGE CAPITAL MORTGAGE 3 5.54% $5,347
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.38% $4,290
    PENNYMAC LOAN SERVICES, LLC 3 5.79% $4,398
    Prosperity Home Mortgage, LLC 2 6.38% $9,626
    UNITED WHOLESALE MORTGAGE, LLC 2 5.50% $6,733
    CARDINAL FINANCIAL 1 6.99% $8,032
    MOVEMENT MORTGAGE, LLC 1 6.25% $9,033
    BROKER SOLUTIONS, INC. 1 7.25% $13,127
    NEW DAY FINANCIAL, LLC 1 7.75% $8,046
    NEWREZ LLC 1 6.25% $4,181
    NFM, INC. 1 6.13% $1,090
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.75% $7,428
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.99% $8,504
    ROYAL UNITED MORTGAGE LLC 1 6.63% $10,268
    SOUTHWEST STAGE FUNDING, LLC 1 6.38% $0
    Truist 1 6.25% $1,098
    American Security Mortgage Corp. 1 5.75% $10,368
    USAA Federal Savings Bank 1 6.38% $8,670
    GoPrime Mortgage, Inc. 1 5.75% $2,699
    EMM LOANS LLC 1 5.88% $17,951
    CROSSCOUNTRY MORTGAGE, LLC 1 5.75% $14,833

    The top Rockingham VA lender as defined by loan originations is Mortgage Research Center, LLC, with 17 VA loans originated. Their average total fees are $5,296, which is $4,340 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Rockingham VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,296), .

    The lowest rate Rockingham VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.12%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Rockingham (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 $119,875 (4.7%) $140,858 (-1.9%) 0.00 128
    2018-02-01 $120,875 (1.2%) $144,192 (-2.1%) 0.00 119
    2018-03-01 $123,000 (7.5%) $150,444 (9.5%) 0.00 104
    2018-04-01 $127,875 (10.3%) $151,987 (13.7%) 0.00 105
    2018-05-01 $136,500 (24.1%) $164,025 (21.6%) 0.00 104
    2018-06-01 $121,500 (10.6%) $152,509 (14.3%) 0.00 103
    2018-07-01 $121,250 (12.4%) $153,246 (19.0%) 0.00 105
    2018-08-01 $122,225 (11.1%) $151,337 (13.0%) 0.00 102
    2018-09-01 $119,900 (0.8%) $152,461 (7.4%) 0.00 91
    2018-10-01 $111,625 (-6.4%) $151,795 (3.9%) 0.00 85
    2018-11-01 $129,000 (10.3%) $160,131 (15.5%) 0.00 83
    2018-12-01 $127,000 (6.3%) $148,734 (4.9%) 0.00 83
    2019-01-01 $121,400 (1.3%) $146,818 (4.2%) 0.00 93
    2019-02-01 $120,725 (-0.1%) $146,287 (1.5%) 0.00 96
    2019-03-01 $118,336 (-3.8%) $144,300 (-4.1%) 0.00 89
    2019-04-01 $117,561 (-8.1%) $142,465 (-6.3%) 0.00 84
    2019-05-01 $120,675 (-11.6%) $137,507 (-16.2%) 0.00 82
    2019-06-01 $114,950 (-5.4%) $135,757 (-11.0%) 0.00 82
    2019-07-01 $118,550 (-2.2%) $136,265 (-11.1%) 0.00 91
    2019-08-01 $122,109 (-0.1%) $143,430 (-5.2%) 0.00 88
    2019-09-01 $125,423 (4.6%) $152,049 (-0.3%) 0.00 80
    2019-10-01 $123,482 (10.6%) $153,672 (1.2%) 0.00 75
    2019-11-01 $111,400 (-13.6%) $144,316 (-9.9%) 0.00 79
    2019-12-01 $101,950 (-19.7%) $147,912 (-0.6%) 0.00 70
    2020-01-01 $104,725 (-13.7%) $143,579 (-2.2%) 0.00 62
    2020-02-01 $103,450 (-14.3%) $144,812 (-1.0%) 0.00 70
    2020-03-01 $104,725 (-11.5%) $160,415 (11.2%) 0.00 71
    2020-04-01 $109,975 (-6.5%) $160,746 (12.8%) 0.00 69
    2020-05-01 $120,000 (-0.6%) $168,864 (22.8%) 0.00 64
    2020-06-01 $124,074 (7.9%) $178,202 (31.3%) 0.00 62
    2020-07-01 $122,549 (3.4%) $170,132 (24.9%) 0.00 53
    2020-08-01 $125,000 (2.4%) $161,445 (12.6%) 0.00 52
    2020-09-01 $109,475 (-12.7%) $170,905 (12.4%) 0.00 44
    2020-10-01 $128,250 (3.9%) $177,021 (15.2%) 0.00 41
    2020-11-01 $123,400 (10.8%) $178,169 (23.5%) 0.00 40
    2020-12-01 $133,925 (31.4%) $170,403 (15.2%) 0.00 43
    2021-01-01 $135,700 (29.6%) $174,820 (21.8%) 0.00 37
    2021-02-01 $163,000 (57.6%) $192,170 (32.7%) 0.00 34
    2021-03-01 $147,950 (41.3%) $192,076 (19.7%) 0.00 36
    2021-04-01 $142,675 (29.7%) $182,795 (13.7%) 0.00 41
    2021-05-01 $139,500 (16.3%) $174,569 (3.4%) 0.00 30
    2021-06-01 $154,675 (24.7%) $171,606 (-3.7%) 0.00 27
    2021-07-01 $149,000 (21.6%) $178,755 (5.1%) 0.00 38
    2021-08-01 $168,700 (35.0%) $188,066 (16.5%) 0.00 37
    2021-09-01 $161,125 (47.2%) $185,589 (8.6%) 0.00 35
    2021-10-01 $158,400 (23.5%) $199,656 (12.8%) 0.00 34
    2021-11-01 $164,650 (33.4%) $208,329 (16.9%) 0.00 33
    2021-12-01 $158,100 (18.1%) $200,967 (17.9%) 0.00 28
    2022-01-01 $159,900 (17.8%) $210,754 (20.6%) 0.00 30
    2022-02-01 $157,675 (-3.3%) $182,256 (-5.2%) 0.00 36
    2022-03-01 $164,225 (11.0%) $228,422 (18.9%) 0.00 37
    2022-04-01 $151,000 (5.8%) $230,306 (26.0%) 0.00 40
    2022-05-01 $161,175 (15.5%) $232,643 (33.3%) 0.00 42
    2022-06-01 $152,425 (-1.5%) $210,736 (22.8%) 0.00 45
    2022-07-01 $164,900 (10.7%) $217,119 (21.5%) 0.00 41
    2022-08-01 $157,063 (-6.9%) $244,785 (30.2%) 0.00 34
    2022-09-01 $168,000 (4.3%) $231,563 (24.8%) 0.00 41
    2022-10-01 $168,000 (6.1%) $231,661 (16.0%) 0.00 48
    2022-11-01 $176,175 (7.0%) $220,384 (5.8%) 0.00 50
    2022-12-01 $197,900 (25.2%) $218,332 (8.6%) 0.00 52
    2023-01-01 $192,950 (20.7%) $214,033 (1.6%) 0.00 51
    2023-02-01 $194,750 (23.5%) $246,254 (35.1%) 0.00 54
    2023-03-01 $192,450 (17.2%) $234,383 (2.6%) 0.00 49
    2023-04-01 $209,500 (38.7%) $246,284 (6.9%) 0.00 42
    2023-05-01 $194,900 (20.9%) $255,349 (9.8%) 0.00 36
    2023-06-01 $214,750 (40.9%) $273,408 (29.7%) 0.00 39
    2023-07-01 $195,000 (18.3%) $246,807 (13.7%) 0.00 43
    2023-08-01 $167,950 (6.9%) $209,231 (-14.5%) 0.00 48
    2023-09-01 $195,000 (16.1%) $244,649 (5.7%) 0.00 58
    2023-10-01 $214,475 (27.7%) $271,093 (17.0%) 0.00 60
    2023-11-01 $209,225 (18.8%) $256,329 (16.3%) 0.00 60
    2023-12-01 $212,000 (7.1%) $264,608 (21.2%) 0.00 63
    2024-01-01 $199,950 (3.6%) $257,727 (20.4%) 0.00 56
    2024-02-01 $219,250 (12.6%) $269,448 (9.4%) 0.00 58
    2024-03-01 $227,450 (18.2%) $272,281 (16.2%) 0.00 65
    2024-04-01 $232,750 (11.1%) $269,429 (9.4%) 0.00 61
    2024-05-01 $231,250 (18.7%) $258,575 (1.3%) 0.00 56
    2024-06-01 $229,900 (7.1%) $273,752 (0.1%) 0.00 65
    2024-07-01 $226,000 (15.9%) $264,118 (7.0%) 0.00 74
    2024-08-01 $230,000 (37.0%) $256,126 (22.4%) 0.00 67
    2024-09-01 $220,000 (12.8%) $247,213 (1.1%) 0.00 68
    2024-10-01 $214,750 (0.1%) $247,240 (-8.8%) 0.00 71
    2024-11-01 $215,000 (2.8%) $262,570 (2.4%) 0.00 78
    2024-12-01 $189,675 (-10.5%) $252,172 (-4.7%) 0.00 78
    2025-01-01 $190,500 (-4.7%) $275,218 (6.8%) 0.00 72
    2025-02-01 $191,000 (-12.9%) $270,777 (0.5%) 0.00 69
    2025-03-01 $217,450 (-4.4%) $305,219 (12.1%) 0.00 72
    2025-04-01 $214,950 (-7.7%) $307,688 (14.2%) 0.00 77
    2025-05-01 $214,750 (-7.1%) $303,611 (17.4%) 0.00 72
    2025-06-01 $226,400 (-1.5%) $306,859 (12.1%) 0.00 70
    Rockingham's median listing price for 2025-06-01 was $226,400, a difference of $-3,500 (-1.5%) versus the prior year and $11,650 versus the prior month.

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

    Rockingham's average listing price for 2025-06-01 was $306,859, a difference of $33,107 (12.1%) versus the prior year and $3,248 versus the prior month.

    For the 2025-06-01 period, Rockingham had 70 MLS listings, a difference of -2 listings (-3%) versus the prior month and 5 listings (8%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Rockingham (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,746 sqft
    2018-02-01 0 days 1,574 sqft
    2018-03-01 0 days 1,515 sqft
    2018-04-01 0 days 1,735 sqft
    2018-05-01 0 days 1,721 sqft
    2018-06-01 0 days 1,520 sqft
    2018-07-01 0 days 1,534 sqft
    2018-08-01 0 days 1,629 sqft
    2018-09-01 0 days 1,667 sqft
    2018-10-01 0 days 1,628 sqft
    2018-11-01 0 days 1,628 sqft
    2018-12-01 0 days 1,603 sqft
    2019-01-01 0 days 1,603 sqft
    2019-02-01 0 days 1,651 sqft
    2019-03-01 0 days 1,641 sqft
    2019-04-01 0 days 1,602 sqft
    2019-05-01 0 days 1,577 sqft
    2019-06-01 0 days 1,540 sqft
    2019-07-01 0 days 1,576 sqft
    2019-08-01 0 days 1,573 sqft
    2019-09-01 0 days 1,593 sqft
    2019-10-01 0 days 1,623 sqft
    2019-11-01 0 days 1,576 sqft
    2019-12-01 0 days 1,587 sqft
    2020-01-01 0 days 1,560 sqft
    2020-02-01 0 days 1,644 sqft
    2020-03-01 0 days 1,613 sqft
    2020-04-01 0 days 1,588 sqft
    2020-05-01 0 days 1,669 sqft
    2020-06-01 0 days 1,623 sqft
    2020-07-01 0 days 1,595 sqft
    2020-08-01 0 days 1,512 sqft
    2020-09-01 0 days 1,536 sqft
    2020-10-01 0 days 1,641 sqft
    2020-11-01 0 days 1,616 sqft
    2020-12-01 0 days 1,556 sqft
    2021-01-01 0 days 1,520 sqft
    2021-02-01 0 days 1,545 sqft
    2021-03-01 0 days 1,677 sqft
    2021-04-01 0 days 1,500 sqft
    2021-05-01 0 days 1,568 sqft
    2021-06-01 0 days 1,565 sqft
    2021-07-01 0 days 1,600 sqft
    2021-08-01 0 days 1,571 sqft
    2021-09-01 0 days 1,604 sqft
    2021-10-01 0 days 1,604 sqft
    2021-11-01 0 days 1,601 sqft
    2021-12-01 0 days 1,408 sqft
    2022-01-01 0 days 1,456 sqft
    2022-02-01 0 days 1,586 sqft
    2022-03-01 0 days 1,498 sqft
    2022-04-01 0 days 1,463 sqft
    2022-05-01 0 days 1,545 sqft
    2022-06-01 0 days 1,418 sqft
    2022-07-01 0 days 1,461 sqft
    2022-08-01 0 days 1,496 sqft
    2022-09-01 0 days 1,522 sqft
    2022-10-01 0 days 1,425 sqft
    2022-11-01 0 days 1,467 sqft
    2022-12-01 0 days 1,607 sqft
    2023-01-01 0 days 1,559 sqft
    2023-02-01 0 days 1,571 sqft
    2023-03-01 0 days 1,565 sqft
    2023-04-01 0 days 1,629 sqft
    2023-05-01 0 days 1,650 sqft
    2023-06-01 0 days 1,587 sqft
    2023-07-01 0 days 1,548 sqft
    2023-08-01 0 days 1,454 sqft
    2023-09-01 0 days 1,564 sqft
    2023-10-01 0 days 1,570 sqft
    2023-11-01 0 days 1,682 sqft
    2023-12-01 0 days 1,714 sqft
    2024-01-01 0 days 1,651 sqft
    2024-02-01 0 days 1,710 sqft
    2024-03-01 0 days 1,683 sqft
    2024-04-01 0 days 1,686 sqft
    2024-05-01 0 days 1,678 sqft
    2024-06-01 0 days 1,720 sqft
    2024-07-01 0 days 1,687 sqft
    2024-08-01 0 days 1,711 sqft
    2024-09-01 0 days 1,614 sqft
    2024-10-01 0 days 1,537 sqft
    2024-11-01 0 days 1,526 sqft
    2024-12-01 0 days 1,469 sqft
    2025-01-01 0 days 1,557 sqft
    2025-02-01 0 days 1,478 sqft
    2025-03-01 0 days 1,523 sqft
    2025-04-01 0 days 1,523 sqft
    2025-05-01 0 days 1,501 sqft
    2025-06-01 0 days 1,502 sqft
    Rockingham's median listing age (time on market) for 2025-06-01 was 0 days.

    Rockingham's median square footage for active listings during the 2025-06-01 period was 1,502 sqft. One year prior, the average listing was 1,720 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.