St. Marys VA Loan Rates, Closing Costs & Stats

St. Marys, GA

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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.

    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 6.58% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.61% and one month ago for the week of 2024-03-15, the average rate was 6.27%.

    The average rate one year ago was 5.96%.

    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.

    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
    St. Marys's median listing price for 2024-03-01 was $376,900, a difference of $-23,000 (-5.8%) versus the prior year and $2,805 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 2024-03-01 was $462,695, a difference of $8,893 (2.0%) versus the prior year and $7,104 versus the prior month.

    For the 2024-03-01 period, St. Marys had 226 MLS listings, a difference of 13 listings (6%) versus the prior month and 102 listings (82%) 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 1,973 sqft
    2024-02-01 0 days 2,021 sqft
    2024-03-01 0 days 2,067 sqft
    St. Marys's median listing age (time on market) for 2024-03-01 was 0 days.

    St. Marys's median square footage for active listings during the 2024-03-01 period was 2,067 sqft. One year prior, the average listing was 2,117 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.