St. Marys VA Loan Rates, Closing Costs & Stats

St. Marys, GA

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.

St. Marys's 68 lenders originated 610 VA loans during 2023. The total origination value was $183,890,000, with an average VA loan value of $301,459.

St. Marys VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in St. Marys averaged 5.32% for the week of 2024-10-04, compared to the national average (all VA variants) of 5.596% for the same period.

St. Marys's average VA mortgage closing costs are $6,100.

The average rate for the prior week (2024-09-27) was 5.34% and one month ago for the week of 2024-08-30, the average rate was 5.87%.

The average rate one year ago was 7.2%.

For refis of the same type during the week of 2024-10-04, the average rate was 5.7%.

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

St. Marys 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 St. Marys level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 85 6.29% $11,052
Mortgage Research Center, LLC 85 6.67% $8,082
GUARANTEED RATE, INC. 82 6.16% $7,315
NAVY FEDERAL CREDIT UNION 73 5.84% $6,842
NBKC BANK 36 6.12% $6,352
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 6.53% $10,387
DHI MORTGAGE COMPANY, LTD. 15 5.46% $4,661
FREEDOM MORTGAGE CORPORATION 15 6.63% $14,579
UNITED WHOLESALE MORTGAGE, LLC 14 6.16% $11,826
Century Mortgage Company DBA Century Lending Company 13 6.53% $9,888
THRIVE MORTGAGE, LLC 11 6.33% $9,362
PENNYMAC LOAN SERVICES, LLC 11 5.99% $9,790
CMG MORTGAGE, INC. 10 6.19% $10,823
EMM LOANS LLC 9 6.54% $11,351
NEW DAY FINANCIAL, LLC 7 7.41% $11,351
HOMEBRIDGE FINANCIAL SERVICES, INC. 7 6.14% $4,145
LOANDEPOT.COM, LLC 6 6.35% $8,254
Paramount Residential Mortgage Group, Inc. 6 5.98% $10,326
BROKER SOLUTIONS, INC. 5 6.18% $10,492
USAA Federal Savings Bank 4 6.34% $11,172
PENTAGON FEDERAL CREDIT UNION 4 5.44% $5,188
The Federal Savings Bank 4 5.75% $12,223
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 6.78% $8,295
Plains Commerce Bank 3 6.50% $12,121
AMERISAVE MORTGAGE CORPORATION 3 6.42% $14,189
Citizens Bank 3 6.75% $11,505
CROSSCOUNTRY MORTGAGE, LLC 3 6.12% $8,559
INTERCOASTAL MORTGAGE COMPANY 3 6.67% $9,077
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.54% $8,170
NEWREZ LLC 3 6.75% $12,034
PLANET HOME LENDING, LLC 3 6.33% $9,220
Prosperity Home Mortgage, LLC 3 5.96% $8,362
VILLAGE CAPITAL MORTGAGE 3 5.25% $7,130
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $8,511
Flagstar Bank, FSB 2 6.97% $10,611
Ameris Bank 2 6.19% $10,147
GUARANTEED RATE AFFINITY, LLC 2 6.16% $7,531
The Central Trust Bank 2 5.88% $15,740
Wolfe Financial, Inc 2 6.94% $11,463
CARDINAL FINANCIAL 2 6.25% $13,556
First Federal Bank 1 5.50% $1,609
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.99% $5,038
OPEN MORTGAGE, LLC 1 6.63% $5,801
Origin Bank 1 6.75% $7,337
EVERETT FINANCIAL, INC. 1 6.50% $12,527
CALIBER HOME LOANS, INC. 1 6.25% $1,720
PHH Mortgage Corporation 1 6.88% $7,545
ACOPIA, LLC 1 7.25% $12,325
Platinum Home Mortgage Corporation 1 6.25% $11,309
Waterstone Mortgage Corporation 1 6.63% $9,983
BNC National Bank 1 5.50% $7,643
RELIANCE FIRST CAPITAL, LLC 1 5.50% $14,104
BAY EQUITY LLC 1 7.25% $4,342
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.25% $10,440
TJC Mortgage, Inc. 1 6.25% $14,074
GUILD MORTGAGE COMPANY 1 5.63% $11,781
HOMESIDE FINANCIAL, LLC 1 7.13% $5,908
HOMESTAR FINANCIAL CORPORATION 1 6.63% $9,579
INSPIRE HOME LOANS INC. 1 5.88% $13,210
United Community Bank 1 5.75% $5,729
LOANPAL, LLC 1 5.13% $10,667
GUARANTY HOME MORTGAGE CORPORATION 1 5.63% $15,061
Mid-Continent Funding, Inc. 1 6.99% $7,584
MIDLAND MORTGAGE CORPORATION 1 6.75% $5,165
MORTGAGEONE, INC. 1 7.25% $12,790
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $0
Mr. Cooper ( Nationstar Mortgage ) 1 5.50% $16,527
Gateway First Bank 1 5.25% $12,836

The top St. Marys VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 85 VA loans originated. Their average total fees are $11,052, which is $2,969 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee St. Marys VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($4,661), NBKC BANK ($6,352), NAVY FEDERAL CREDIT UNION ($6,842), GUARANTEED RATE, INC. ($7,315) and Mortgage Research Center, LLC ($8,082).

The lowest rate St. Marys VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.46%), NAVY FEDERAL CREDIT UNION (5.84%), PENNYMAC LOAN SERVICES, LLC (5.99%), NBKC BANK (6.12%) and UNITED WHOLESALE MORTGAGE, LLC (6.16%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - St. Marys (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 $219,948 (-2.2%) $258,449 (2.6%) 0.00 302
2018-02-01 $225,000 (-0.4%) $272,766 (6.8%) 0.00 301
2018-03-01 $229,000 (4.1%) $265,182 (4.1%) 0.00 310
2018-04-01 $234,450 (7.1%) $277,752 (7.6%) 0.00 302
2018-05-01 $239,000 (12.8%) $283,658 (11.4%) 0.00 297
2018-06-01 $233,900 (13.6%) $281,865 (11.2%) 0.00 324
2018-07-01 $229,995 (12.5%) $276,414 (11.0%) 0.00 341
2018-08-01 $228,223 (12.4%) $279,778 (13.2%) 0.00 355
2018-09-01 $225,000 (10.8%) $278,298 (13.4%) 0.00 360
2018-10-01 $219,700 (5.4%) $271,280 (7.7%) 0.00 390
2018-11-01 $217,000 (1.3%) $264,388 (3.5%) 0.00 403
2018-12-01 $219,250 (-0.8%) $266,210 (2.2%) 0.00 382
2019-01-01 $217,000 (-1.3%) $270,291 (4.6%) 0.00 340
2019-02-01 $215,000 (-4.4%) $274,317 (0.6%) 0.00 338
2019-03-01 $218,086 (-4.8%) $283,136 (6.8%) 0.00 323
2019-04-01 $217,136 (-7.4%) $287,116 (3.4%) 0.00 307
2019-05-01 $219,444 (-8.2%) $285,606 (0.7%) 0.00 298
2019-06-01 $219,450 (-6.2%) $282,672 (0.3%) 0.00 299
2019-07-01 $234,850 (2.1%) $286,517 (3.7%) 0.00 296
2019-08-01 $238,873 (4.7%) $288,399 (3.1%) 0.00 283
2019-09-01 $245,132 (9.0%) $292,904 (5.3%) 0.00 265
2019-10-01 $251,250 (14.4%) $295,665 (9.0%) 0.00 253
2019-11-01 $255,000 (17.5%) $293,965 (11.2%) 0.00 268
2019-12-01 $249,900 (14.0%) $298,622 (12.2%) 0.00 256
2020-01-01 $249,925 (15.2%) $302,512 (11.9%) 0.00 249
2020-02-01 $240,000 (11.6%) $299,970 (9.4%) 0.00 241
2020-03-01 $264,900 (21.5%) $321,032 (13.4%) 0.00 230
2020-04-01 $277,400 (27.8%) $322,687 (12.4%) 0.00 230
2020-05-01 $299,900 (36.7%) $337,981 (18.3%) 0.00 198
2020-06-01 $304,725 (38.9%) $342,977 (21.3%) 0.00 202
2020-07-01 $299,225 (27.4%) $338,687 (18.2%) 0.00 196
2020-08-01 $296,000 (23.9%) $337,613 (17.1%) 0.00 175
2020-09-01 $287,400 (17.2%) $334,702 (14.3%) 0.00 180
2020-10-01 $289,000 (15.0%) $335,727 (13.6%) 0.00 185
2020-11-01 $294,446 (15.5%) $339,651 (15.5%) 0.00 175
2020-12-01 $288,998 (15.7%) $336,245 (12.6%) 0.00 177
2021-01-01 $290,000 (16.0%) $345,105 (14.1%) 0.00 137
2021-02-01 $290,425 (21.0%) $363,020 (21.0%) 0.00 120
2021-03-01 $314,900 (18.9%) $386,511 (20.4%) 0.00 101
2021-04-01 $318,250 (14.7%) $403,673 (25.1%) 0.00 67
2021-05-01 $299,450 (-0.2%) $394,747 (16.8%) 0.00 76
2021-06-01 $302,450 (-0.8%) $378,796 (10.4%) 0.00 88
2021-07-01 $299,900 (0.2%) $367,062 (8.4%) 0.00 105
2021-08-01 $298,200 (0.7%) $360,316 (6.7%) 0.00 115
2021-09-01 $294,800 (2.6%) $375,190 (12.1%) 0.00 95
2021-10-01 $309,900 (7.2%) $379,014 (12.9%) 0.00 112
2021-11-01 $332,500 (12.9%) $366,393 (7.9%) 0.00 119
2021-12-01 $322,450 (11.6%) $413,703 (23.0%) 0.00 119
2022-01-01 $349,050 (20.4%) $438,966 (27.2%) 0.00 105
2022-02-01 $386,250 (33.0%) $488,974 (34.7%) 0.00 83
2022-03-01 $380,970 (21.0%) $487,457 (26.1%) 0.00 62
2022-04-01 $378,195 (18.8%) $500,733 (24.0%) 0.00 65
2022-05-01 $377,200 (26.0%) $473,122 (19.9%) 0.00 79
2022-06-01 $377,473 (24.8%) $476,163 (25.7%) 0.00 92
2022-07-01 $370,000 (23.4%) $443,883 (20.9%) 0.00 133
2022-08-01 $387,150 (29.8%) $443,300 (23.0%) 0.00 143
2022-09-01 $369,900 (25.5%) $419,402 (11.8%) 0.00 143
2022-10-01 $371,400 (19.9%) $423,875 (11.8%) 0.00 159
2022-11-01 $368,323 (10.8%) $431,167 (17.7%) 0.00 175
2022-12-01 $359,900 (11.6%) $411,294 (-0.6%) 0.00 172
2023-01-01 $369,900 (6.0%) $423,141 (-3.6%) 0.00 149
2023-02-01 $369,900 (-4.2%) $425,228 (-13.0%) 0.00 125
2023-03-01 $399,900 (5.0%) $453,802 (-6.9%) 0.00 124
2023-04-01 $397,486 (5.1%) $491,219 (-1.9%) 0.00 124
2023-05-01 $399,900 (6.0%) $507,175 (7.2%) 0.00 133
2023-06-01 $390,098 (3.3%) $486,653 (2.2%) 0.00 163
2023-07-01 $366,900 (-0.8%) $477,858 (7.7%) 0.00 170
2023-08-01 $356,425 (-7.9%) $460,405 (3.9%) 0.00 178
2023-09-01 $354,400 (-4.2%) $462,125 (10.2%) 0.00 194
2023-10-01 $350,950 (-5.5%) $461,612 (8.9%) 0.00 215
2023-11-01 $349,300 (-5.2%) $455,358 (5.6%) 0.00 225
2023-12-01 $351,900 (-2.2%) $457,099 (11.1%) 0.00 218
2024-01-01 $356,400 (-3.7%) $445,373 (5.3%) 0.00 228
2024-02-01 $374,095 (1.1%) $455,591 (7.1%) 0.00 213
2024-03-01 $376,900 (-5.8%) $462,695 (2.0%) 0.00 226
2024-04-01 $384,450 (-3.3%) $443,561 (-9.7%) 0.00 287
2024-05-01 $407,450 (1.9%) $459,478 (-9.4%) 0.00 277
2024-06-01 $419,900 (7.6%) $470,585 (-3.3%) 0.00 297
2024-07-01 $409,530 (11.6%) $463,370 (-3.0%) 0.00 314
2024-08-01 $399,900 (12.2%) $458,270 (-0.5%) 0.00 323
2024-09-01 $399,950 (12.9%) $455,446 (-1.5%) 0.00 321
St. Marys's median listing price for 2024-09-01 was $399,950, a difference of $45,550 (12.9%) versus the prior year and $50 versus the prior month.

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

St. Marys's average listing price for 2024-09-01 was $455,446, a difference of $-6,679 (-1.5%) versus the prior year and $-2,824 versus the prior month.

For the 2024-09-01 period, St. Marys had 321 MLS listings, a difference of -2 listings (-1%) versus the prior month and 127 listings (65%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - St. Marys (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,073 sqft
2018-02-01 0 days 2,108 sqft
2018-03-01 0 days 2,083 sqft
2018-04-01 0 days 2,081 sqft
2018-05-01 0 days 2,078 sqft
2018-06-01 0 days 2,081 sqft
2018-07-01 0 days 2,026 sqft
2018-08-01 0 days 2,054 sqft
2018-09-01 0 days 2,036 sqft
2018-10-01 0 days 1,984 sqft
2018-11-01 0 days 1,934 sqft
2018-12-01 0 days 1,947 sqft
2019-01-01 0 days 1,922 sqft
2019-02-01 0 days 1,937 sqft
2019-03-01 0 days 1,960 sqft
2019-04-01 0 days 1,994 sqft
2019-05-01 0 days 1,954 sqft
2019-06-01 0 days 1,946 sqft
2019-07-01 0 days 2,012 sqft
2019-08-01 0 days 2,012 sqft
2019-09-01 0 days 2,046 sqft
2019-10-01 0 days 2,071 sqft
2019-11-01 0 days 2,065 sqft
2019-12-01 0 days 2,062 sqft
2020-01-01 0 days 2,045 sqft
2020-02-01 0 days 2,034 sqft
2020-03-01 0 days 2,061 sqft
2020-04-01 0 days 2,088 sqft
2020-05-01 0 days 2,180 sqft
2020-06-01 0 days 2,255 sqft
2020-07-01 0 days 2,215 sqft
2020-08-01 0 days 2,137 sqft
2020-09-01 0 days 2,155 sqft
2020-10-01 0 days 2,100 sqft
2020-11-01 0 days 2,099 sqft
2020-12-01 0 days 2,080 sqft
2021-01-01 0 days 2,103 sqft
2021-02-01 0 days 2,060 sqft
2021-03-01 0 days 2,066 sqft
2021-04-01 0 days 2,070 sqft
2021-05-01 0 days 1,997 sqft
2021-06-01 0 days 2,076 sqft
2021-07-01 0 days 2,000 sqft
2021-08-01 0 days 2,059 sqft
2021-09-01 0 days 1,997 sqft
2021-10-01 0 days 2,026 sqft
2021-11-01 0 days 2,040 sqft
2021-12-01 0 days 2,044 sqft
2022-01-01 0 days 2,114 sqft
2022-02-01 0 days 2,155 sqft
2022-03-01 0 days 2,089 sqft
2022-04-01 0 days 2,100 sqft
2022-05-01 0 days 2,084 sqft
2022-06-01 0 days 2,102 sqft
2022-07-01 0 days 2,130 sqft
2022-08-01 0 days 2,132 sqft
2022-09-01 0 days 2,055 sqft
2022-10-01 0 days 2,101 sqft
2022-11-01 0 days 2,044 sqft
2022-12-01 0 days 2,036 sqft
2023-01-01 0 days 2,014 sqft
2023-02-01 0 days 2,028 sqft
2023-03-01 0 days 2,117 sqft
2023-04-01 0 days 2,096 sqft
2023-05-01 0 days 2,061 sqft
2023-06-01 0 days 2,064 sqft
2023-07-01 0 days 2,045 sqft
2023-08-01 0 days 2,039 sqft
2023-09-01 0 days 2,008 sqft
2023-10-01 0 days 1,986 sqft
2023-11-01 0 days 1,934 sqft
2023-12-01 0 days 1,956 sqft
2024-01-01 0 days 1,969 sqft
2024-02-01 0 days 2,021 sqft
2024-03-01 0 days 2,067 sqft
2024-04-01 0 days 2,110 sqft
2024-05-01 0 days 2,158 sqft
2024-06-01 0 days 2,211 sqft
2024-07-01 0 days 2,159 sqft
2024-08-01 0 days 2,117 sqft
2024-09-01 0 days 2,067 sqft
St. Marys's median listing age (time on market) for 2024-09-01 was 0 days.

St. Marys's median square footage for active listings during the 2024-09-01 period was 2,067 sqft. One year prior, the average listing was 2,008 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.