Thomaston VA Loan Rates, Closing Costs & Stats
Thomaston, 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.
Thomaston's 18 lenders originated 34 VA loans during 2023. The total origination value was $9,560,000, with an average VA loan value of $281,176.
Thomaston VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Thomaston
averaged
7.16%
for the week of 2024-04-19, compared to the national average (all VA variants) of
6.758% for the same period.
Thomaston's average VA mortgage closing costs are $4,651.
The average rate for the prior week (2024-04-12) was
6.79% and
one month ago for the week of 2024-03-15, the
average rate was 6.55%.
The average rate one year ago was 6.24%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
Thomaston 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 Thomaston level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Mortgage Research Center, LLC | 11 | 6.57% | $5,392 |
| QUICKEN LOANS, LLC | 4 | 5.87% | $8,287 |
| PENNYMAC LOAN SERVICES, LLC | 2 | 5.56% | $5,835 |
| VAN DYK MORTGAGE CORPORATION | 2 | 7.00% | $3,500 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.75% | $4,787 |
| First National Bank Texas | 1 | 5.75% | $31,848 |
| FREEDOM MORTGAGE CORPORATION | 1 | 6.75% | $10,116 |
| LAKEVIEW LOAN SERVICING, LLC | 1 | 5.75% | $4,830 |
| Barrington Bank & Trust Company, N.A. | 1 | 7.25% | $20,857 |
| NEW DAY FINANCIAL, LLC | 1 | 7.99% | $11,529 |
| PLAZA HOME MORTGAGE, INC. | 1 | 6.25% | $13,673 |
| SOUTHPOINT FINANCIAL SERVICES, INC. | 1 | 6.99% | $4,749 |
| Synovus Bank | 1 | 6.25% | $1,743 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.63% | $13,207 |
| NAVY FEDERAL CREDIT UNION | 1 | 5.25% | $8,222 |
| BNC National Bank | 1 | 5.25% | $3,757 |
| BROKER SOLUTIONS, INC. | 1 | 5.75% | $4,784 |
| CARDINAL FINANCIAL | 1 | 6.75% | $8,929 |
The top Thomaston VA lender as defined by loan originations is Mortgage Research Center, LLC, with
11 VA loans originated. Their average total fees are
$5,392, which is $2,895
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Thomaston VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($5,392), .
The lowest rate Thomaston VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.57%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Thomaston (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 | $116,875 (12.7%) | $178,756 (20.6%) | 0.00 | 102 |
| 2018-02-01 | $114,475 (16.8%) | $177,982 (26.9%) | 0.00 | 101 |
| 2018-03-01 | $109,950 (15.9%) | $172,557 (28.2%) | 0.00 | 90 |
| 2018-04-01 | $119,750 (33.2%) | $188,357 (40.4%) | 0.00 | 82 |
| 2018-05-01 | $125,125 (39.2%) | $193,265 (41.9%) | 0.00 | 83 |
| 2018-06-01 | $119,450 (33.0%) | $188,278 (38.8%) | 0.00 | 81 |
| 2018-07-01 | $125,125 (25.3%) | $198,906 (38.1%) | 0.00 | 87 |
| 2018-08-01 | $123,500 (8.5%) | $190,138 (19.5%) | 0.00 | 91 |
| 2018-09-01 | $118,500 (3.3%) | $180,028 (10.1%) | 0.00 | 92 |
| 2018-10-01 | $143,325 (21.6%) | $202,570 (28.7%) | 0.00 | 89 |
| 2018-11-01 | $155,925 (30.1%) | $213,536 (24.0%) | 0.00 | 87 |
| 2018-12-01 | $144,950 (21.1%) | $246,029 (39.0%) | 0.00 | 86 |
| 2019-01-01 | $153,700 (31.5%) | $257,465 (44.0%) | 0.00 | 87 |
| 2019-02-01 | $149,900 (31.0%) | $247,173 (38.9%) | 0.00 | 94 |
| 2019-03-01 | $153,136 (39.3%) | $263,653 (52.8%) | 0.00 | 84 |
| 2019-04-01 | $156,911 (31.0%) | $274,816 (45.9%) | 0.00 | 81 |
| 2019-05-01 | $148,700 (18.8%) | $275,327 (42.5%) | 0.00 | 84 |
| 2019-06-01 | $156,499 (31.0%) | $247,851 (31.6%) | 0.00 | 107 |
| 2019-07-01 | $151,999 (21.5%) | $231,836 (16.6%) | 0.00 | 102 |
| 2019-08-01 | $154,181 (24.8%) | $224,803 (18.2%) | 0.00 | 96 |
| 2019-09-01 | $155,204 (31.0%) | $214,780 (19.3%) | 0.00 | 92 |
| 2019-10-01 | $153,885 (7.4%) | $203,190 (0.3%) | 0.00 | 90 |
| 2019-11-01 | $149,900 (-3.9%) | $197,010 (-7.7%) | 0.00 | 96 |
| 2019-12-01 | $147,425 (1.7%) | $187,188 (-23.9%) | 0.00 | 92 |
| 2020-01-01 | $147,450 (-4.1%) | $197,151 (-23.4%) | 0.00 | 89 |
| 2020-02-01 | $149,900 (0.0%) | $212,606 (-14.0%) | 0.00 | 78 |
| 2020-03-01 | $145,000 (-5.3%) | $212,511 (-19.4%) | 0.00 | 77 |
| 2020-04-01 | $154,100 (-1.8%) | $202,595 (-26.3%) | 0.00 | 74 |
| 2020-05-01 | $152,999 (2.9%) | $200,582 (-27.2%) | 0.00 | 65 |
| 2020-06-01 | $161,999 (3.5%) | $216,308 (-12.7%) | 0.00 | 56 |
| 2020-07-01 | $163,450 (7.5%) | $212,262 (-8.4%) | 0.00 | 51 |
| 2020-08-01 | $164,900 (7.0%) | $232,466 (3.4%) | 0.00 | 43 |
| 2020-09-01 | $156,425 (0.8%) | $236,206 (10.0%) | 0.00 | 45 |
| 2020-10-01 | $174,450 (13.4%) | $239,309 (17.8%) | 0.00 | 45 |
| 2020-11-01 | $164,999 (10.1%) | $225,133 (14.3%) | 0.00 | 47 |
| 2020-12-01 | $149,900 (1.7%) | $201,872 (7.8%) | 0.00 | 49 |
| 2021-01-01 | $134,950 (-8.5%) | $204,429 (3.7%) | 0.00 | 48 |
| 2021-02-01 | $134,925 (-10.0%) | $256,993 (20.9%) | 0.00 | 43 |
| 2021-03-01 | $137,500 (-5.2%) | $226,699 (6.7%) | 0.00 | 31 |
| 2021-04-01 | $160,000 (3.8%) | $253,973 (25.4%) | 0.00 | 30 |
| 2021-05-01 | $183,700 (20.1%) | $251,279 (25.3%) | 0.00 | 24 |
| 2021-06-01 | $198,675 (22.6%) | $277,293 (28.2%) | 0.00 | 36 |
| 2021-07-01 | $204,950 (25.4%) | $312,544 (47.2%) | 0.00 | 34 |
| 2021-08-01 | $202,450 (22.8%) | $331,240 (42.5%) | 0.00 | 35 |
| 2021-09-01 | $194,900 (24.6%) | $302,881 (28.2%) | 0.00 | 49 |
| 2021-10-01 | $199,900 (14.6%) | $316,985 (32.5%) | 0.00 | 47 |
| 2021-11-01 | $194,400 (17.8%) | $280,690 (24.7%) | 0.00 | 34 |
| 2021-12-01 | $193,150 (28.9%) | $282,174 (39.8%) | 0.00 | 29 |
| 2022-01-01 | $199,900 (48.1%) | $309,015 (51.2%) | 0.00 | 24 |
| 2022-02-01 | $229,900 (70.4%) | $333,846 (29.9%) | 0.00 | 29 |
| 2022-03-01 | $213,900 (55.6%) | $289,830 (27.9%) | 0.00 | 39 |
| 2022-04-01 | $215,000 (34.4%) | $275,807 (8.6%) | 0.00 | 41 |
| 2022-05-01 | $203,500 (10.8%) | $285,733 (13.7%) | 0.00 | 47 |
| 2022-06-01 | $198,625 (0.0%) | $264,280 (-4.7%) | 0.00 | 63 |
| 2022-07-01 | $199,500 (-2.7%) | $269,163 (-13.9%) | 0.00 | 80 |
| 2022-08-01 | $202,250 (-0.1%) | $270,318 (-18.4%) | 0.00 | 96 |
| 2022-09-01 | $216,200 (10.9%) | $274,707 (-9.3%) | 0.00 | 102 |
| 2022-10-01 | $221,000 (10.6%) | $278,349 (-12.2%) | 0.00 | 108 |
| 2022-11-01 | $207,550 (6.8%) | $267,118 (-4.8%) | 0.00 | 115 |
| 2022-12-01 | $215,000 (11.3%) | $277,697 (-1.6%) | 0.00 | 102 |
| 2023-01-01 | $198,650 (-0.6%) | $268,788 (-13.0%) | 0.00 | 90 |
| 2023-02-01 | $179,900 (-21.8%) | $257,744 (-22.8%) | 0.00 | 88 |
| 2023-03-01 | $183,450 (-14.2%) | $255,832 (-11.7%) | 0.00 | 79 |
| 2023-04-01 | $183,700 (-14.6%) | $276,668 (0.3%) | 0.00 | 70 |
| 2023-05-01 | $177,200 (-12.9%) | $282,713 (-1.1%) | 0.00 | 62 |
| 2023-06-01 | $228,950 (15.3%) | $329,774 (24.8%) | 0.00 | 42 |
| 2023-07-01 | $234,900 (17.7%) | $299,352 (11.2%) | 0.00 | 44 |
| 2023-08-01 | $231,800 (14.6%) | $262,941 (-2.7%) | 0.00 | 58 |
| 2023-09-01 | $214,900 (-0.6%) | $254,559 (-7.3%) | 0.00 | 64 |
| 2023-10-01 | $206,250 (-6.7%) | $261,543 (-6.0%) | 0.00 | 75 |
| 2023-11-01 | $217,450 (4.8%) | $294,151 (10.1%) | 0.00 | 79 |
| 2023-12-01 | $212,500 (-1.2%) | $296,120 (6.6%) | 0.00 | 80 |
| 2024-01-01 | $216,200 (8.8%) | $311,577 (15.9%) | 0.00 | 73 |
| 2024-02-01 | $248,675 (38.2%) | $352,273 (36.7%) | 0.00 | 69 |
| 2024-03-01 | $225,000 (22.7%) | $346,467 (35.4%) | 0.00 | 73 |
Thomaston's median listing price comes in at 0% of the national average.
Thomaston's average listing price for 2024-03-01 was $346,467, a difference of $90,635 (35.4%) versus the prior year and $-5,806 versus the prior month.
For the 2024-03-01 period, Thomaston had 73 MLS listings, a difference of 4 listings (6%) versus the prior month and -6 listings (-8%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Thomaston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,941 sqft |
| 2018-02-01 | 0 days | 1,911 sqft |
| 2018-03-01 | 0 days | 1,900 sqft |
| 2018-04-01 | 0 days | 1,965 sqft |
| 2018-05-01 | 0 days | 1,851 sqft |
| 2018-06-01 | 0 days | 1,897 sqft |
| 2018-07-01 | 0 days | 1,945 sqft |
| 2018-08-01 | 0 days | 1,900 sqft |
| 2018-09-01 | 0 days | 1,720 sqft |
| 2018-10-01 | 0 days | 1,752 sqft |
| 2018-11-01 | 0 days | 1,924 sqft |
| 2018-12-01 | 0 days | 1,971 sqft |
| 2019-01-01 | 0 days | 1,986 sqft |
| 2019-02-01 | 0 days | 1,979 sqft |
| 2019-03-01 | 0 days | 2,028 sqft |
| 2019-04-01 | 0 days | 2,043 sqft |
| 2019-05-01 | 0 days | 2,056 sqft |
| 2019-06-01 | 0 days | 1,972 sqft |
| 2019-07-01 | 0 days | 1,930 sqft |
| 2019-08-01 | 0 days | 1,891 sqft |
| 2019-09-01 | 0 days | 1,843 sqft |
| 2019-10-01 | 0 days | 1,778 sqft |
| 2019-11-01 | 0 days | 1,750 sqft |
| 2019-12-01 | 0 days | 1,698 sqft |
| 2020-01-01 | 0 days | 1,750 sqft |
| 2020-02-01 | 0 days | 1,772 sqft |
| 2020-03-01 | 0 days | 1,747 sqft |
| 2020-04-01 | 0 days | 1,825 sqft |
| 2020-05-01 | 0 days | 1,731 sqft |
| 2020-06-01 | 0 days | 1,749 sqft |
| 2020-07-01 | 0 days | 1,833 sqft |
| 2020-08-01 | 0 days | 1,968 sqft |
| 2020-09-01 | 0 days | 1,763 sqft |
| 2020-10-01 | 0 days | 1,972 sqft |
| 2020-11-01 | 0 days | 1,890 sqft |
| 2020-12-01 | 0 days | 1,640 sqft |
| 2021-01-01 | 0 days | 1,632 sqft |
| 2021-02-01 | 0 days | 1,665 sqft |
| 2021-03-01 | 0 days | 1,602 sqft |
| 2021-04-01 | 0 days | 1,698 sqft |
| 2021-05-01 | 0 days | 1,748 sqft |
| 2021-06-01 | 0 days | 1,885 sqft |
| 2021-07-01 | 0 days | 1,775 sqft |
| 2021-08-01 | 0 days | 1,904 sqft |
| 2021-09-01 | 0 days | 1,750 sqft |
| 2021-10-01 | 0 days | 1,800 sqft |
| 2021-11-01 | 0 days | 1,672 sqft |
| 2021-12-01 | 0 days | 1,820 sqft |
| 2022-01-01 | 0 days | 1,765 sqft |
| 2022-02-01 | 0 days | 1,877 sqft |
| 2022-03-01 | 0 days | 1,540 sqft |
| 2022-04-01 | 0 days | 1,616 sqft |
| 2022-05-01 | 0 days | 1,664 sqft |
| 2022-06-01 | 0 days | 1,578 sqft |
| 2022-07-01 | 0 days | 1,609 sqft |
| 2022-08-01 | 0 days | 1,626 sqft |
| 2022-09-01 | 0 days | 1,606 sqft |
| 2022-10-01 | 0 days | 1,604 sqft |
| 2022-11-01 | 0 days | 1,585 sqft |
| 2022-12-01 | 0 days | 1,573 sqft |
| 2023-01-01 | 0 days | 1,539 sqft |
| 2023-02-01 | 0 days | 1,438 sqft |
| 2023-03-01 | 0 days | 1,457 sqft |
| 2023-04-01 | 0 days | 1,535 sqft |
| 2023-05-01 | 0 days | 1,474 sqft |
| 2023-06-01 | 0 days | 1,534 sqft |
| 2023-07-01 | 0 days | 1,613 sqft |
| 2023-08-01 | 0 days | 1,554 sqft |
| 2023-09-01 | 0 days | 1,611 sqft |
| 2023-10-01 | 0 days | 1,520 sqft |
| 2023-11-01 | 0 days | 1,592 sqft |
| 2023-12-01 | 0 days | 1,602 sqft |
| 2024-01-01 | 0 days | 1,663 sqft |
| 2024-02-01 | 0 days | 1,781 sqft |
| 2024-03-01 | 0 days | 1,656 sqft |
Thomaston's median square footage for active listings during the 2024-03-01 period was 1,656 sqft. One year prior, the average listing was 1,457 sqft.