Statesboro VA Loan Rates, Closing Costs & Stats

Statesboro, 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.

    Statesboro's 46 lenders originated 160 VA loans during 2023. The total origination value was $49,200,000, with an average VA loan value of $307,500.

    Statesboro VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Statesboro averaged 6.11% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Statesboro's average VA mortgage closing costs are $5,476.

    The average rate for the prior week (2024-12-06) was 6.25% and one month ago for the week of 2024-11-08, the average rate was 6.34%.

    The average rate one year ago was 6.69%.

    For refis of the same type during the week of 2024-12-13, the average rate was 5.98%.

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

    Statesboro 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 Statesboro level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 32 6.79% $6,407
    BROKER SOLUTIONS, INC. 12 6.36% $11,412
    UNITED WHOLESALE MORTGAGE, LLC 11 6.38% $9,506
    BANKSOUTH MORTGAGE COMPANY, LLC 8 6.16% $11,623
    PENNYMAC LOAN SERVICES, LLC 8 5.19% $6,086
    MOVEMENT MORTGAGE, LLC 6 6.94% $6,739
    NAVY FEDERAL CREDIT UNION 6 5.73% $3,414
    QUICKEN LOANS, LLC 6 6.06% $12,455
    GUARANTEED RATE, INC. 5 6.23% $4,476
    Flagstar Bank, FSB 5 6.66% $6,343
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 8.03% $2,463
    GUILD MORTGAGE COMPANY 4 6.34% $12,674
    CARDINAL FINANCIAL 3 6.92% $14,691
    Mr. Cooper ( Nationstar Mortgage ) 3 6.00% $10,948
    The Central Trust Bank 2 5.88% $8,693
    Equity Prime Mortgage LLC 2 6.50% $4,386
    Magnolia Bank 2 5.81% $13,818
    HOMESTAR FINANCIAL CORPORATION 2 6.75% $1,073
    USAA Federal Savings Bank 2 6.06% $4,753
    NEW DAY FINANCIAL, LLC 2 7.74% $15,332
    Willamette Valley Bank 2 6.44% $7,001
    Nations Lending Corporation 2 6.25% $13,018
    FREEDOM MORTGAGE CORPORATION 2 7.00% $14,107
    Synovus Bank 2 5.94% $10,985
    TOWNE MORTGAGE COMPANY 1 6.49% $10,931
    Ameris Bank 1 6.00% $16,774
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.75% $2,815
    Barrington Bank & Trust Company, N.A. 1 7.25% $10,067
    Carrington Mortgage Services, LLC 1 6.75% $12,121
    Colony Bank 1 6.50% $4,287
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.63% $1,209
    GUARANTY HOME MORTGAGE CORPORATION 1 6.25% $10,853
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.50% $6,217
    LOANDEPOT.COM, LLC 1 7.13% $4,226
    MILEND, INC. 1 7.13% $9,635
    MORTGAGE EQUITY PARTNERS LLC 1 7.13% $11,524
    Queensborough National Bank & Trust Company 1 6.75% $4,186
    Renasant Bank 1 6.75% $6,627
    RESIDENTIAL HOME FUNDING CORP. 1 5.50% $21,019
    SOUTHERN TRUST MORTGAGE, LLC 1 6.88% $10,556
    STOCKTON MORTGAGE CORPORATION 1 6.25% $4,228
    SWBC MORTGAGE CORPORATION 1 7.25% $775
    The Federal Savings Bank 1 6.75% $13,925
    AmeriHome Mortgage Company, LLC 1 6.13% $888
    UNION HOME MORTGAGE CORP. 1 5.88% $9,285
    VILLAGE CAPITAL MORTGAGE 1 6.75% $16,520

    The top Statesboro VA lender as defined by loan originations is Mortgage Research Center, LLC, with 32 VA loans originated. Their average total fees are $6,407, which is $5,005 lower than the next largest lender, BROKER SOLUTIONS, INC..

    The lowest fee Statesboro VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,407), UNITED WHOLESALE MORTGAGE, LLC ($9,506), BROKER SOLUTIONS, INC. ($11,412), .

    The lowest rate Statesboro VA lenders (with over 10 loans originated) are BROKER SOLUTIONS, INC. (6.36%), UNITED WHOLESALE MORTGAGE, LLC (6.38%), Mortgage Research Center, LLC (6.79%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Statesboro (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 $159,450 (-0.1%) $192,816 (0.2%) 0.00 366
    2018-02-01 $154,100 (-3.1%) $185,185 (-2.8%) 0.00 384
    2018-03-01 $159,900 (0.0%) $193,035 (0.0%) 0.00 403
    2018-04-01 $159,900 (0.0%) $193,622 (-1.0%) 0.00 413
    2018-05-01 $154,900 (-3.1%) $193,544 (-1.3%) 0.00 406
    2018-06-01 $160,000 (0.1%) $202,678 (6.7%) 0.00 388
    2018-07-01 $160,250 (-0.8%) $210,411 (9.0%) 0.00 359
    2018-08-01 $164,800 (-2.3%) $212,664 (8.4%) 0.00 356
    2018-09-01 $160,000 (-3.0%) $209,070 (3.4%) 0.00 347
    2018-10-01 $159,925 (0.2%) $206,955 (3.9%) 0.00 358
    2018-11-01 $168,925 (5.6%) $208,960 (7.8%) 0.00 344
    2018-12-01 $169,900 (7.7%) $202,349 (5.9%) 0.00 336
    2019-01-01 $169,900 (6.6%) $202,908 (5.2%) 0.00 319
    2019-02-01 $171,200 (11.1%) $206,455 (11.5%) 0.00 312
    2019-03-01 $171,786 (7.4%) $206,955 (7.2%) 0.00 314
    2019-04-01 $175,050 (9.5%) $214,035 (10.5%) 0.00 319
    2019-05-01 $177,350 (14.5%) $223,130 (15.3%) 0.00 303
    2019-06-01 $179,550 (12.2%) $230,214 (13.6%) 0.00 292
    2019-07-01 $177,875 (11.0%) $223,301 (6.1%) 0.00 308
    2019-08-01 $174,291 (5.8%) $222,236 (4.5%) 0.00 290
    2019-09-01 $176,377 (10.2%) $224,138 (7.2%) 0.00 264
    2019-10-01 $181,450 (13.5%) $227,799 (10.1%) 0.00 239
    2019-11-01 $179,900 (6.5%) $223,048 (6.7%) 0.00 238
    2019-12-01 $183,075 (7.8%) $220,448 (8.9%) 0.00 248
    2020-01-01 $184,900 (8.8%) $229,379 (13.1%) 0.00 248
    2020-02-01 $183,800 (7.4%) $227,584 (10.2%) 0.00 262
    2020-03-01 $189,900 (10.5%) $232,025 (12.1%) 0.00 253
    2020-04-01 $192,900 (10.2%) $233,036 (8.9%) 0.00 270
    2020-05-01 $199,000 (12.2%) $232,934 (4.4%) 0.00 254
    2020-06-01 $199,900 (11.3%) $244,193 (6.1%) 0.00 225
    2020-07-01 $209,900 (18.0%) $246,555 (10.4%) 0.00 210
    2020-08-01 $208,000 (19.3%) $250,708 (12.8%) 0.00 197
    2020-09-01 $212,925 (20.7%) $255,104 (13.8%) 0.00 170
    2020-10-01 $201,520 (11.1%) $244,618 (7.4%) 0.00 160
    2020-11-01 $203,575 (13.2%) $248,995 (11.6%) 0.00 160
    2020-12-01 $191,200 (4.4%) $243,987 (10.7%) 0.00 151
    2021-01-01 $198,950 (7.6%) $261,127 (13.8%) 0.00 121
    2021-02-01 $215,381 (17.2%) $277,898 (22.1%) 0.00 105
    2021-03-01 $207,200 (9.1%) $273,512 (17.9%) 0.00 92
    2021-04-01 $235,300 (22.0%) $298,374 (28.0%) 0.00 85
    2021-05-01 $219,950 (10.5%) $294,657 (26.5%) 0.00 89
    2021-06-01 $222,450 (11.3%) $282,620 (15.7%) 0.00 83
    2021-07-01 $229,900 (9.5%) $282,039 (14.4%) 0.00 93
    2021-08-01 $251,650 (21.0%) $298,176 (18.9%) 0.00 98
    2021-09-01 $257,775 (21.1%) $307,003 (20.3%) 0.00 103
    2021-10-01 $267,000 (32.5%) $317,673 (29.9%) 0.00 92
    2021-11-01 $265,850 (30.6%) $345,815 (38.9%) 0.00 89
    2021-12-01 $275,500 (44.1%) $337,973 (38.5%) 0.00 88
    2022-01-01 $269,500 (35.5%) $337,832 (29.4%) 0.00 82
    2022-02-01 $264,500 (22.8%) $336,672 (21.2%) 0.00 74
    2022-03-01 $275,735 (33.1%) $323,764 (18.4%) 0.00 83
    2022-04-01 $290,000 (23.3%) $333,365 (11.7%) 0.00 98
    2022-05-01 $299,500 (36.2%) $346,387 (17.6%) 0.00 95
    2022-06-01 $293,745 (32.1%) $335,678 (18.8%) 0.00 104
    2022-07-01 $299,999 (30.5%) $348,481 (23.6%) 0.00 107
    2022-08-01 $318,994 (26.8%) $376,547 (26.3%) 0.00 105
    2022-09-01 $325,500 (26.3%) $398,343 (29.8%) 0.00 104
    2022-10-01 $339,000 (27.0%) $396,944 (25.0%) 0.00 124
    2022-11-01 $326,750 (22.9%) $385,429 (11.5%) 0.00 138
    2022-12-01 $339,900 (23.4%) $399,342 (18.2%) 0.00 126
    2023-01-01 $347,250 (28.9%) $401,846 (19.0%) 0.00 114
    2023-02-01 $351,975 (33.1%) $428,281 (27.2%) 0.00 97
    2023-03-01 $332,675 (20.7%) $422,017 (30.4%) 0.00 88
    2023-04-01 $319,900 (10.3%) $409,650 (22.9%) 0.00 85
    2023-05-01 $332,450 (11.0%) $388,058 (12.0%) 0.00 94
    2023-06-01 $338,250 (15.2%) $398,300 (18.7%) 0.00 88
    2023-07-01 $339,900 (13.3%) $414,897 (19.1%) 0.00 91
    2023-08-01 $336,175 (5.4%) $396,675 (5.4%) 0.00 98
    2023-09-01 $333,383 (2.4%) $374,447 (-6.0%) 0.00 108
    2023-10-01 $329,725 (-2.7%) $371,372 (-6.4%) 0.00 128
    2023-11-01 $322,800 (-1.2%) $384,612 (-0.2%) 0.00 154
    2023-12-01 $325,000 (-4.4%) $399,184 (0.0%) 0.00 150
    2024-01-01 $324,925 (-6.4%) $398,269 (-0.9%) 0.00 146
    2024-02-01 $319,700 (-9.2%) $381,711 (-10.9%) 0.00 136
    2024-03-01 $330,900 (-0.5%) $396,235 (-6.1%) 0.00 124
    2024-04-01 $325,973 (1.9%) $396,386 (-3.2%) 0.00 138
    2024-05-01 $340,250 (2.4%) $413,129 (6.5%) 0.00 165
    2024-06-01 $340,000 (0.5%) $415,781 (4.4%) 0.00 161
    2024-07-01 $344,600 (1.4%) $424,957 (2.4%) 0.00 159
    2024-08-01 $349,900 (4.1%) $422,890 (6.6%) 0.00 151
    2024-09-01 $349,923 (5.0%) $409,141 (9.3%) 0.00 167
    2024-10-01 $347,450 (5.4%) $422,853 (13.9%) 0.00 151
    2024-11-01 $339,900 (5.3%) $431,643 (12.2%) 0.00 153
    Statesboro's median listing price for 2024-11-01 was $339,900, a difference of $17,100 (5.3%) versus the prior year and $-7,550 versus the prior month.

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

    Statesboro's average listing price for 2024-11-01 was $431,643, a difference of $47,031 (12.2%) versus the prior year and $8,790 versus the prior month.

    For the 2024-11-01 period, Statesboro had 153 MLS listings, a difference of 2 listings (1%) versus the prior month and -1 listings (-1%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Statesboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,854 sqft
    2018-02-01 0 days 1,810 sqft
    2018-03-01 0 days 1,841 sqft
    2018-04-01 0 days 1,853 sqft
    2018-05-01 0 days 1,841 sqft
    2018-06-01 0 days 1,845 sqft
    2018-07-01 0 days 1,882 sqft
    2018-08-01 0 days 1,877 sqft
    2018-09-01 0 days 1,845 sqft
    2018-10-01 0 days 1,850 sqft
    2018-11-01 0 days 1,922 sqft
    2018-12-01 0 days 1,922 sqft
    2019-01-01 0 days 1,895 sqft
    2019-02-01 0 days 1,904 sqft
    2019-03-01 0 days 1,893 sqft
    2019-04-01 0 days 1,923 sqft
    2019-05-01 0 days 1,930 sqft
    2019-06-01 0 days 1,966 sqft
    2019-07-01 0 days 1,964 sqft
    2019-08-01 0 days 1,946 sqft
    2019-09-01 0 days 1,929 sqft
    2019-10-01 0 days 1,921 sqft
    2019-11-01 0 days 1,934 sqft
    2019-12-01 0 days 1,956 sqft
    2020-01-01 0 days 1,962 sqft
    2020-02-01 0 days 1,965 sqft
    2020-03-01 0 days 2,098 sqft
    2020-04-01 0 days 2,150 sqft
    2020-05-01 0 days 2,201 sqft
    2020-06-01 0 days 2,219 sqft
    2020-07-01 0 days 2,205 sqft
    2020-08-01 0 days 2,185 sqft
    2020-09-01 0 days 2,232 sqft
    2020-10-01 0 days 2,008 sqft
    2020-11-01 0 days 1,958 sqft
    2020-12-01 0 days 1,944 sqft
    2021-01-01 0 days 1,915 sqft
    2021-02-01 0 days 1,959 sqft
    2021-03-01 0 days 1,961 sqft
    2021-04-01 0 days 2,055 sqft
    2021-05-01 0 days 1,991 sqft
    2021-06-01 0 days 1,986 sqft
    2021-07-01 0 days 1,986 sqft
    2021-08-01 0 days 2,042 sqft
    2021-09-01 0 days 2,114 sqft
    2021-10-01 0 days 2,068 sqft
    2021-11-01 0 days 2,120 sqft
    2021-12-01 0 days 2,089 sqft
    2022-01-01 0 days 2,110 sqft
    2022-02-01 0 days 2,046 sqft
    2022-03-01 0 days 1,985 sqft
    2022-04-01 0 days 2,016 sqft
    2022-05-01 0 days 2,111 sqft
    2022-06-01 0 days 2,041 sqft
    2022-07-01 0 days 2,065 sqft
    2022-08-01 0 days 2,127 sqft
    2022-09-01 0 days 2,196 sqft
    2022-10-01 0 days 2,282 sqft
    2022-11-01 0 days 2,200 sqft
    2022-12-01 0 days 2,363 sqft
    2023-01-01 0 days 2,445 sqft
    2023-02-01 0 days 2,433 sqft
    2023-03-01 0 days 2,294 sqft
    2023-04-01 0 days 2,040 sqft
    2023-05-01 0 days 2,089 sqft
    2023-06-01 0 days 2,063 sqft
    2023-07-01 0 days 2,100 sqft
    2023-08-01 0 days 2,048 sqft
    2023-09-01 0 days 1,961 sqft
    2023-10-01 0 days 1,913 sqft
    2023-11-01 0 days 1,911 sqft
    2023-12-01 0 days 1,890 sqft
    2024-01-01 0 days 1,936 sqft
    2024-02-01 0 days 1,891 sqft
    2024-03-01 0 days 2,005 sqft
    2024-04-01 0 days 1,932 sqft
    2024-05-01 0 days 1,910 sqft
    2024-06-01 0 days 1,978 sqft
    2024-07-01 0 days 1,983 sqft
    2024-08-01 0 days 1,979 sqft
    2024-09-01 0 days 1,981 sqft
    2024-10-01 0 days 1,990 sqft
    2024-11-01 0 days 1,952 sqft
    Statesboro's median listing age (time on market) for 2024-11-01 was 0 days.

    Statesboro's median square footage for active listings during the 2024-11-01 period was 1,952 sqft. One year prior, the average listing was 1,911 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.