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 54 lenders originated 195 VA loans during 2024. The total origination value was $60,395,000, with an average VA loan value of $309,718.

    Statesboro VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Statesboro averaged 0.21% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Statesboro's average VA mortgage closing costs are $5,828.

    The average rate for the prior week (2025-06-13) was 6.66% and one month ago for the week of 2025-05-16, the average rate was 7.02%.

    The average rate one year ago was 6.82%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.03%.

    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 39 6.48% $6,706
    UNITED WHOLESALE MORTGAGE, LLC 23 5.87% $5,933
    MOVEMENT MORTGAGE, LLC 11 6.66% $8,833
    QUICKEN LOANS, LLC 11 6.18% $10,065
    BROKER SOLUTIONS, INC. 11 6.33% $7,500
    NAVY FEDERAL CREDIT UNION 6 6.10% $7,850
    FREEDOM MORTGAGE CORPORATION 6 6.25% $2,697
    USAA Federal Savings Bank 4 6.44% $3,845
    GUILD MORTGAGE COMPANY 4 6.06% $16,193
    VILLAGE CAPITAL MORTGAGE 4 5.63% $6,944
    LOANDEPOT.COM, LLC 3 5.70% $10,143
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.33% $1,573
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 6.08% $5,229
    Magnolia Bank 3 5.83% $7,598
    LAKEVIEW LOAN SERVICING, LLC 3 5.96% $18,788
    GUARANTEED RATE, INC. 2 5.50% $7,771
    AMERICAN FINANCIAL NETWORK, INC. 2 5.88% $9,822
    Ameris Bank 2 6.75% $8,449
    Equity Prime Mortgage LLC 2 6.75% $4,173
    Flagstar Bank, FSB 2 6.24% $4,911
    Mr. Cooper ( Nationstar Mortgage ) 2 6.25% $8,789
    NEW DAY FINANCIAL, LLC 2 7.62% $18,908
    PENNYMAC LOAN SERVICES, LLC 2 5.50% $3,284
    Renasant Bank 2 6.19% $10,611
    Synovus Bank 2 6.19% $11,489
    The Federal Savings Bank 2 6.38% $21,687
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.75% $1,209
    DIRECT MORTGAGE LOANS, LLC 1 6.50% $10,087
    Colony Bank 1 6.13% $20,462
    CLEARPATH LENDING 1 7.00% $6,234
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $9,136
    Nations Lending Corporation 1 5.75% $3,772
    CHURCHILL MORTGAGE CORPORATION 1 6.25% $4,217
    NBKC BANK 1 6.13% $12,182
    TOWNE MORTGAGE COMPANY 1 7.75% $17,143
    NEWREZ LLC 1 6.25% $14,730
    PANORAMA MORTGAGE GROUP, LLC 1 7.25% $10,558
    UNION HOME MORTGAGE CORP. 1 6.63% $15,465
    PHH Mortgage Corporation 1 4.99% $8,803
    Plains Commerce Bank 1 5.75% $7,507
    PLANET HOME LENDING, LLC 1 6.13% $6,194
    Barrington Bank & Trust Company, N.A. 1 5.99% $5,376
    ATLANTA POSTAL 1 5.25% $39,376
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 6.25% $6,883
    SUMMIT FUNDING, INC. 1 7.25% $395
    Sunflower Bank 1 5.99% $3,912
    SUN WEST MORTGAGE COMPANY, INC. 1 5.50% $4,275
    AmeriHome Mortgage Company, LLC 1 6.00% $9,759
    GoPrime Mortgage, Inc. 1 6.25% $4,146
    1ST SIGNATURE LENDING, LLC 1 6.13% $11,863
    First Reliance Bank 1 5.75% $16,986
    First Federal Bank 1 5.25% $10,628
    FIRST COMMUNITY MORTGAGE, INC. 1 5.99% $10,468
    FIRST COLONY MORTGAGE CORPORATION 1 6.25% $3,253

    The top Statesboro VA lender as defined by loan originations is Mortgage Research Center, LLC, with 39 VA loans originated. Their average total fees are $6,706, which is $773 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Statesboro VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($5,933), Mortgage Research Center, LLC ($6,706), BROKER SOLUTIONS, INC. ($7,500), MOVEMENT MORTGAGE, LLC ($8,833) and QUICKEN LOANS, LLC ($10,065).

    The lowest rate Statesboro VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.87%), QUICKEN LOANS, LLC (6.18%), BROKER SOLUTIONS, INC. (6.33%), Mortgage Research Center, LLC (6.48%) and MOVEMENT MORTGAGE, LLC (6.66%).

    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.