Sanford VA Loan Rates, Closing Costs & Stats

Sanford, 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.

    Sanford's 63 lenders originated 306 VA loans during 2024. The total origination value was $107,800,000, with an average VA loan value of $352,288.

    Sanford VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Sanford averaged 5.93% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Sanford's average VA mortgage closing costs are $6,662.

    The average rate for the prior week (2025-03-28) was 6.15% and one month ago for the week of 2025-02-28, the average rate was 6.33%.

    The average rate one year ago was 6.34%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.81%.

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

    Sanford 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 Sanford level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 29 4.96% $7,962
    UNITED WHOLESALE MORTGAGE, LLC 26 5.88% $8,640
    Mortgage Research Center, LLC 24 6.33% $7,565
    FREEDOM MORTGAGE CORPORATION 21 6.34% $7,304
    VILLAGE CAPITAL MORTGAGE 13 5.56% $9,697
    NAVY FEDERAL CREDIT UNION 12 5.99% $5,021
    MOVEMENT MORTGAGE, LLC 12 6.39% $7,889
    NVR Mortgage Finance, Inc. 12 5.73% $7,853
    CORNERSTONE HOME LENDING, INC. 12 6.11% $7,412
    QUICKEN LOANS, LLC 11 6.20% $11,154
    PENNYMAC LOAN SERVICES, LLC 10 5.64% $6,164
    JET HOMELOANS, LLC 8 5.90% $9,135
    CROSSCOUNTRY MORTGAGE, LLC 8 6.39% $9,227
    GUILD MORTGAGE COMPANY 6 6.13% $13,259
    NEW DAY FINANCIAL, LLC 5 7.44% $16,263
    South Pacific Financial Corporation 5 5.55% $8,089
    USAA Federal Savings Bank 5 6.33% $6,510
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 5 6.47% $5,144
    GoPrime Mortgage, Inc. 5 6.25% $5,692
    LOANDEPOT.COM, LLC 4 6.63% $12,096
    CMG MORTGAGE, INC. 4 6.34% $12,571
    FBC MORTGAGE, LLC 4 5.56% $14,243
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 6.67% $8,859
    UNION HOME MORTGAGE CORP. 3 5.50% $6,554
    HOMESPIRE MORTGAGE CORPORATION 2 6.31% $5,213
    American Security Mortgage Corp. 2 6.19% $10,988
    NFM, INC. 2 5.69% $10,668
    BROKER SOLUTIONS, INC. 2 6.38% $13,558
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.25% $4,394
    The Federal Savings Bank 2 6.00% $29,855
    Mid-Continent Funding, Inc. 2 6.06% $8,225
    Prosperity Home Mortgage, LLC 2 6.00% $7,350
    Wells Fargo Bank 1 6.13% $13,708
    ALLIANT CREDIT UNION 1 5.75% $8,696
    AMERICAN FINANCING CORPORATION 1 6.50% $9,015
    AmeriHome Mortgage Company, LLC 1 6.13% $2,975
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $3,972
    Armed Forces Bank 1 6.25% $11,580
    Barrington Bank & Trust Company, N.A. 1 5.25% $4,426
    CARDINAL FINANCIAL 1 5.88% $16,631
    EMM LOANS LLC 1 7.63% $10,916
    Encompass Lending Group, LP 1 6.63% $11,849
    Equity Prime Mortgage LLC 1 6.00% $5,251
    EQUITY RESOURCES, INC. 1 6.25% $5,137
    First Bank 1 5.50% $2,681
    First Heritage Mortgage, LLC 1 6.63% $4,531
    FIRST HOME MORTGAGE CORPORATION 1 5.75% $5,038
    Flagstar Bank, FSB 1 6.13% $5,223
    INTERCOASTAL MORTGAGE COMPANY 1 7.25% $7,999
    Lakeview Community Capital, LLC 1 5.63% $2,795
    Meridian Bank Corporation 1 7.13% $5,184
    Mr. Cooper ( Nationstar Mortgage ) 1 5.50% $18,771
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.38% $12,694
    NEWREZ LLC 1 4.75% $11,199
    PENTAGON FEDERAL CREDIT UNION 1 6.50% $3,642
    PLANET HOME LENDING, LLC 1 7.63% $11,687
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $809
    SOUTHERN TRUST MORTGAGE, LLC 1 5.63% $6,843
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.50% $14,455
    Towne Bank 1 6.25% $5,730
    Towne Mortgage of the Carolinas, LLC 1 5.75% $9,527
    U.S. Bank 1 5.25% $11,895
    Alcova Mortgage LLC 1 6.63% $12,469

    The top Sanford VA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 29 VA loans originated. Their average total fees are $7,962, which is $678 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Sanford VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($5,021), PENNYMAC LOAN SERVICES, LLC ($6,164), FREEDOM MORTGAGE CORPORATION ($7,304), CORNERSTONE HOME LENDING, INC. ($7,412) and Mortgage Research Center, LLC ($7,565).

    The lowest rate Sanford VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.96%), VILLAGE CAPITAL MORTGAGE (5.56%), PENNYMAC LOAN SERVICES, LLC (5.64%), NVR Mortgage Finance, Inc. (5.73%) and UNITED WHOLESALE MORTGAGE, LLC (5.88%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sanford (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 $213,400 (12.1%) $228,987 (4.4%) 0.00 212
    2018-02-01 $209,700 (7.5%) $226,430 (0.3%) 0.00 198
    2018-03-01 $214,823 (7.6%) $233,130 (0.9%) 0.00 195
    2018-04-01 $214,292 (2.1%) $233,739 (2.1%) 0.00 187
    2018-05-01 $219,450 (4.0%) $234,783 (-2.2%) 0.00 173
    2018-06-01 $216,900 (3.3%) $235,548 (-0.6%) 0.00 165
    2018-07-01 $221,950 (5.7%) $238,209 (-1.1%) 0.00 176
    2018-08-01 $226,550 (13.3%) $242,001 (9.0%) 0.00 169
    2018-09-01 $224,950 (12.5%) $230,157 (6.3%) 0.00 171
    2018-10-01 $225,000 (13.9%) $235,143 (10.1%) 0.00 180
    2018-11-01 $225,950 (12.0%) $236,930 (8.2%) 0.00 180
    2018-12-01 $225,000 (9.0%) $232,970 (5.8%) 0.00 187
    2019-01-01 $225,000 (5.4%) $238,466 (4.1%) 0.00 180
    2019-02-01 $225,375 (7.5%) $247,965 (9.5%) 0.00 177
    2019-03-01 $226,071 (5.2%) $256,654 (10.1%) 0.00 178
    2019-04-01 $227,321 (6.1%) $265,278 (13.5%) 0.00 185
    2019-05-01 $226,250 (3.1%) $268,730 (14.5%) 0.00 189
    2019-06-01 $234,900 (8.3%) $277,664 (17.9%) 0.00 178
    2019-07-01 $237,063 (6.8%) $277,701 (16.6%) 0.00 181
    2019-08-01 $239,900 (5.9%) $280,297 (15.8%) 0.00 179
    2019-09-01 $239,900 (6.7%) $280,115 (21.7%) 0.00 186
    2019-10-01 $239,450 (6.4%) $278,603 (18.5%) 0.00 188
    2019-11-01 $235,000 (4.0%) $281,262 (18.7%) 0.00 178
    2019-12-01 $228,850 (1.7%) $277,683 (19.2%) 0.00 166
    2020-01-01 $224,250 (-0.3%) $267,883 (12.3%) 0.00 165
    2020-02-01 $229,200 (1.7%) $280,719 (13.2%) 0.00 138
    2020-03-01 $244,925 (8.3%) $288,098 (12.3%) 0.00 134
    2020-04-01 $245,975 (8.2%) $292,274 (10.2%) 0.00 134
    2020-05-01 $236,000 (4.3%) $285,270 (6.2%) 0.00 124
    2020-06-01 $266,550 (13.5%) $306,978 (10.6%) 0.00 91
    2020-07-01 $257,900 (8.8%) $298,283 (7.4%) 0.00 76
    2020-08-01 $249,450 (4.0%) $298,772 (6.6%) 0.00 78
    2020-09-01 $270,637 (12.8%) $312,178 (11.5%) 0.00 81
    2020-10-01 $259,000 (8.2%) $316,642 (13.7%) 0.00 67
    2020-11-01 $251,300 (6.9%) $316,725 (12.6%) 0.00 68
    2020-12-01 $260,000 (13.6%) $327,462 (17.9%) 0.00 61
    2021-01-01 $259,000 (15.5%) $322,398 (20.4%) 0.00 58
    2021-02-01 $276,946 (20.8%) $319,508 (13.8%) 0.00 61
    2021-03-01 $269,925 (10.2%) $281,918 (-2.2%) 0.00 53
    2021-04-01 $285,210 (16.0%) $306,484 (4.9%) 0.00 50
    2021-05-01 $275,000 (16.5%) $349,718 (22.6%) 0.00 47
    2021-06-01 $315,190 (18.3%) $391,097 (27.4%) 0.00 47
    2021-07-01 $332,400 (28.9%) $386,684 (29.6%) 0.00 59
    2021-08-01 $328,640 (31.8%) $377,005 (26.2%) 0.00 83
    2021-09-01 $324,950 (20.1%) $367,163 (17.6%) 0.00 83
    2021-10-01 $299,750 (15.7%) $383,360 (21.1%) 0.00 77
    2021-11-01 $337,400 (34.3%) $385,684 (21.8%) 0.00 65
    2021-12-01 $347,996 (33.8%) $418,728 (27.9%) 0.00 52
    2022-01-01 $339,900 (31.2%) $412,850 (28.1%) 0.00 38
    2022-02-01 $325,725 (17.6%) $382,424 (19.7%) 0.00 37
    2022-03-01 $328,675 (21.8%) $413,325 (46.6%) 0.00 31
    2022-04-01 $357,225 (25.3%) $473,170 (54.4%) 0.00 36
    2022-05-01 $356,975 (29.8%) $456,815 (30.6%) 0.00 39
    2022-06-01 $368,250 (16.8%) $420,302 (7.5%) 0.00 62
    2022-07-01 $350,000 (5.3%) $391,357 (1.2%) 0.00 74
    2022-08-01 $358,950 (9.2%) $391,281 (3.8%) 0.00 66
    2022-09-01 $374,500 (15.3%) $410,232 (11.7%) 0.00 64
    2022-10-01 $369,900 (23.4%) $419,584 (9.5%) 0.00 81
    2022-11-01 $376,729 (11.7%) $421,680 (9.3%) 0.00 85
    2022-12-01 $394,000 (13.2%) $434,198 (3.7%) 0.00 85
    2023-01-01 $382,375 (12.5%) $408,875 (-1.0%) 0.00 86
    2023-02-01 $373,500 (14.7%) $412,067 (7.8%) 0.00 88
    2023-03-01 $374,998 (14.1%) $411,920 (-0.3%) 0.00 103
    2023-04-01 $380,000 (6.4%) $397,285 (-16.0%) 0.00 109
    2023-05-01 $377,501 (5.8%) $405,301 (-11.3%) 0.00 124
    2023-06-01 $383,240 (4.1%) $420,186 (0.0%) 0.00 144
    2023-07-01 $374,990 (7.1%) $406,603 (3.9%) 0.00 150
    2023-08-01 $360,458 (0.4%) $392,049 (0.2%) 0.00 160
    2023-09-01 $358,500 (-4.3%) $400,292 (-2.4%) 0.00 164
    2023-10-01 $362,938 (-1.9%) $407,799 (-2.8%) 0.00 181
    2023-11-01 $358,120 (-4.9%) $407,420 (-3.4%) 0.00 184
    2023-12-01 $360,000 (-8.6%) $414,414 (-4.6%) 0.00 182
    2024-01-01 $367,767 (-3.8%) $423,492 (3.6%) 0.00 177
    2024-02-01 $361,571 (-3.2%) $414,715 (0.6%) 0.00 181
    2024-03-01 $362,175 (-3.4%) $415,932 (1.0%) 0.00 168
    2024-04-01 $361,200 (-5.0%) $397,145 (0.0%) 0.00 179
    2024-05-01 $356,475 (-5.6%) $401,988 (-0.8%) 0.00 202
    2024-06-01 $365,000 (-4.8%) $405,960 (-3.4%) 0.00 210
    2024-07-01 $372,450 (-0.7%) $411,915 (1.3%) 0.00 200
    2024-08-01 $371,150 (3.0%) $413,571 (5.5%) 0.00 204
    2024-09-01 $360,593 (0.6%) $404,420 (1.0%) 0.00 203
    2024-10-01 $362,000 (-0.3%) $402,594 (-1.3%) 0.00 227
    2024-11-01 $364,948 (1.9%) $398,072 (-2.3%) 0.00 239
    2024-12-01 $357,250 (-0.8%) $389,493 (-6.0%) 0.00 234
    2025-01-01 $355,750 (-3.3%) $387,518 (-8.5%) 0.00 226
    2025-02-01 $356,070 (-1.5%) $386,933 (-6.7%) 0.00 207
    2025-03-01 $359,900 (-0.6%) $392,174 (-5.7%) 0.00 205
    Sanford's median listing price for 2025-03-01 was $359,900, a difference of $-2,275 (-0.6%) versus the prior year and $3,830 versus the prior month.

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

    Sanford's average listing price for 2025-03-01 was $392,174, a difference of $-23,758 (-5.7%) versus the prior year and $5,241 versus the prior month.

    For the 2025-03-01 period, Sanford had 205 MLS listings, a difference of -2 listings (-1%) versus the prior month and 37 listings (22%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sanford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,286 sqft
    2018-02-01 0 days 2,173 sqft
    2018-03-01 0 days 2,100 sqft
    2018-04-01 0 days 2,100 sqft
    2018-05-01 0 days 2,189 sqft
    2018-06-01 0 days 2,104 sqft
    2018-07-01 0 days 2,281 sqft
    2018-08-01 0 days 2,289 sqft
    2018-09-01 0 days 2,100 sqft
    2018-10-01 0 days 2,100 sqft
    2018-11-01 0 days 2,100 sqft
    2018-12-01 0 days 2,100 sqft
    2019-01-01 0 days 2,111 sqft
    2019-02-01 0 days 2,142 sqft
    2019-03-01 0 days 2,155 sqft
    2019-04-01 0 days 2,160 sqft
    2019-05-01 0 days 2,173 sqft
    2019-06-01 0 days 2,256 sqft
    2019-07-01 0 days 2,179 sqft
    2019-08-01 0 days 2,158 sqft
    2019-09-01 0 days 2,126 sqft
    2019-10-01 0 days 2,100 sqft
    2019-11-01 0 days 2,100 sqft
    2019-12-01 0 days 2,100 sqft
    2020-01-01 0 days 2,093 sqft
    2020-02-01 0 days 2,100 sqft
    2020-03-01 0 days 2,144 sqft
    2020-04-01 0 days 2,207 sqft
    2020-05-01 0 days 2,141 sqft
    2020-06-01 0 days 2,304 sqft
    2020-07-01 0 days 2,322 sqft
    2020-08-01 0 days 2,300 sqft
    2020-09-01 0 days 2,329 sqft
    2020-10-01 0 days 2,300 sqft
    2020-11-01 0 days 2,297 sqft
    2020-12-01 0 days 2,336 sqft
    2021-01-01 0 days 2,300 sqft
    2021-02-01 0 days 2,296 sqft
    2021-03-01 0 days 2,100 sqft
    2021-04-01 0 days 2,216 sqft
    2021-05-01 0 days 1,950 sqft
    2021-06-01 0 days 2,171 sqft
    2021-07-01 0 days 2,300 sqft
    2021-08-01 0 days 2,233 sqft
    2021-09-01 0 days 2,195 sqft
    2021-10-01 0 days 2,240 sqft
    2021-11-01 0 days 2,316 sqft
    2021-12-01 0 days 2,298 sqft
    2022-01-01 0 days 2,301 sqft
    2022-02-01 0 days 1,976 sqft
    2022-03-01 0 days 2,089 sqft
    2022-04-01 0 days 2,300 sqft
    2022-05-01 0 days 2,160 sqft
    2022-06-01 0 days 2,357 sqft
    2022-07-01 0 days 2,189 sqft
    2022-08-01 0 days 2,271 sqft
    2022-09-01 0 days 2,256 sqft
    2022-10-01 0 days 2,151 sqft
    2022-11-01 0 days 2,158 sqft
    2022-12-01 0 days 2,243 sqft
    2023-01-01 0 days 2,104 sqft
    2023-02-01 0 days 2,085 sqft
    2023-03-01 0 days 2,039 sqft
    2023-04-01 0 days 2,130 sqft
    2023-05-01 0 days 2,134 sqft
    2023-06-01 0 days 2,157 sqft
    2023-07-01 0 days 2,083 sqft
    2023-08-01 0 days 2,067 sqft
    2023-09-01 0 days 2,078 sqft
    2023-10-01 0 days 2,082 sqft
    2023-11-01 0 days 2,053 sqft
    2023-12-01 0 days 2,053 sqft
    2024-01-01 0 days 2,099 sqft
    2024-02-01 0 days 2,027 sqft
    2024-03-01 0 days 2,057 sqft
    2024-04-01 0 days 2,099 sqft
    2024-05-01 0 days 2,069 sqft
    2024-06-01 0 days 2,115 sqft
    2024-07-01 0 days 2,124 sqft
    2024-08-01 0 days 2,129 sqft
    2024-09-01 0 days 2,040 sqft
    2024-10-01 0 days 2,006 sqft
    2024-11-01 0 days 2,006 sqft
    2024-12-01 0 days 1,990 sqft
    2025-01-01 0 days 1,972 sqft
    2025-02-01 0 days 1,986 sqft
    2025-03-01 0 days 1,991 sqft
    Sanford's median listing age (time on market) for 2025-03-01 was 0 days.

    Sanford's median square footage for active listings during the 2025-03-01 period was 1,991 sqft. One year prior, the average listing was 2,057 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.