Valdosta VA Loan Rates, Closing Costs & Stats

VALDOSTA, 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.

    Valdosta's 73 lenders originated 628 VA loans during 2023. The total origination value was $161,390,000, with an average VA loan value of $256,990.

    Valdosta VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Valdosta averaged 6.91% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Valdosta's average VA mortgage closing costs are $5,560.

    The average rate for the prior week (2024-04-12) was 6.45% and one month ago for the week of 2024-03-15, the average rate was 6.61%.

    The average rate one year ago was 6.1%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.01%.

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

    Valdosta 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 Valdosta level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 162 6.69% $6,044
    Ameris Bank 45 6.32% $9,289
    UNITED WHOLESALE MORTGAGE, LLC 42 6.43% $6,491
    NAVY FEDERAL CREDIT UNION 36 5.84% $6,564
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 30 6.50% $7,886
    DHI MORTGAGE COMPANY, LTD. 28 5.52% $6,491
    USAA Federal Savings Bank 26 6.13% $10,304
    QUICKEN LOANS, LLC 24 5.97% $10,209
    BANKSOUTH MORTGAGE COMPANY, LLC 16 6.19% $10,847
    NBKC BANK 16 6.30% $6,793
    FREEDOM MORTGAGE CORPORATION 14 6.54% $11,302
    LOANDEPOT.COM, LLC 10 6.01% $10,767
    NEW DAY FINANCIAL, LLC 10 7.41% $9,359
    The Federal Savings Bank 8 6.20% $19,557
    PENNYMAC LOAN SERVICES, LLC 7 5.66% $9,544
    Mr. Cooper ( Nationstar Mortgage ) 7 5.79% $12,353
    Colony Bank 7 6.98% $7,340
    HOMESTAR FINANCIAL CORPORATION 6 6.33% $9,375
    BROKER SOLUTIONS, INC. 6 6.35% $9,760
    Barrington Bank & Trust Company, N.A. 6 6.33% $7,207
    Mid-Continent Funding, Inc. 5 7.05% $7,575
    PENTAGON FEDERAL CREDIT UNION 4 5.34% $10,916
    Renasant Bank 4 6.59% $8,683
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 7.88% $201
    GUARANTEED RATE, INC. 4 6.13% $6,980
    STOCKTON MORTGAGE CORPORATION 4 6.28% $8,185
    CMG MORTGAGE, INC. 3 6.04% $16,442
    AMERISAVE MORTGAGE CORPORATION 3 6.21% $9,242
    CANOPY MORTGAGE, LLC 3 5.91% $15,408
    CROSSCOUNTRY MORTGAGE, LLC 3 6.48% $9,631
    Equity Prime Mortgage LLC 3 7.21% $2,612
    GUILD MORTGAGE COMPANY 3 6.33% $9,679
    JPMorgan Chase Bank 2 5.74% $4,916
    LAKEVIEW LOAN SERVICING, LLC 2 6.44% $8,059
    AMERICAN FINANCIAL NETWORK, INC. 2 7.13% $5,424
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.69% $6,145
    First Federal Bank 2 6.44% $8,174
    Paramount Residential Mortgage Group, Inc. 2 6.38% $4,917
    FLAT BRANCH MORTGAGE, INC. 2 6.75% $12,119
    MILEND, INC. 1 6.13% $9,072
    DAS Acquisition Company, LLC 1 6.50% $5,444
    CONTOUR MORTGAGE CORPORATION 1 5.75% $8,408
    Citizens Bank 1 6.63% $14,789
    Century Mortgage Company DBA Century Lending Company 1 5.63% $25,974
    Capital City Home Loans, LLC 1 7.63% $3,322
    NEWREZ LLC 1 5.63% $6,119
    NFM, INC. 1 6.88% $11,056
    OCMBC, INC. 1 6.88% $1,295
    CALIBER HOME LOANS, INC. 1 6.75% $11,737
    BNC National Bank 1 5.63% $15,042
    PNC Bank 1 7.50% $1,724
    Prosperity Home Mortgage, LLC 1 4.75% $13,139
    BAY CAPITAL MORTGAGE CORPORATION 1 5.75% $10,902
    RELIANCE FIRST CAPITAL, LLC 1 6.63% $6,919
    BancorpSouth 1 6.50% $7,320
    SECURITYNATIONAL MORTGAGE COMPANY 1 5.13% $26,288
    Service Federal Credit Union 1 5.50% $817
    South State Bank 1 6.13% $17,630
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.75% $2,563
    Synovus Bank 1 6.25% $11,067
    The Central Trust Bank 1 6.25% $2,942
    GSF Mortgage Corporation 1 6.13% $7,638
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.25% $10,726
    University Bank 1 5.63% $5,562
    American Mortgage & Equity Consultants, Inc. 1 7.25% $2,989
    VILLAGE CAPITAL MORTGAGE 1 5.25% $5,243
    ANGEL OAK HOME LOANS LLC 1 6.63% $5,300
    Flagstar Bank, FSB 1 6.25% $6,757
    Wells Fargo Bank 1 5.88% $7,735
    HomePromise Corporation 1 7.25% $14,184
    First Option Mortgage, LLC 1 7.00% $7,901
    MICHIGAN MUTUAL, INC. 1 7.13% $3,223
    EMM LOANS LLC 1 7.13% $10,593

    The top Valdosta VA lender as defined by loan originations is Mortgage Research Center, LLC, with 162 VA loans originated. Their average total fees are $6,044, which is $3,246 lower than the next largest lender, Ameris Bank.

    The lowest fee Valdosta VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,044), DHI MORTGAGE COMPANY, LTD. ($6,491), UNITED WHOLESALE MORTGAGE, LLC ($6,491), NAVY FEDERAL CREDIT UNION ($6,564) and NBKC BANK ($6,793).

    The lowest rate Valdosta VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.52%), NAVY FEDERAL CREDIT UNION (5.84%), QUICKEN LOANS, LLC (5.97%), LOANDEPOT.COM, LLC (6.01%) and USAA Federal Savings Bank (6.13%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Valdosta (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 $159,900 (6.9%) $202,873 (10.0%) 0.00 671
    2018-02-01 $157,950 (3.0%) $202,041 (7.0%) 0.00 688
    2018-03-01 $159,900 (3.2%) $203,683 (6.6%) 0.00 668
    2018-04-01 $163,450 (3.7%) $204,709 (3.6%) 0.00 664
    2018-05-01 $167,350 (4.7%) $208,770 (4.7%) 0.00 654
    2018-06-01 $169,900 (6.3%) $212,903 (5.4%) 0.00 625
    2018-07-01 $168,950 (5.7%) $209,240 (2.0%) 0.00 640
    2018-08-01 $168,950 (5.7%) $212,035 (3.9%) 0.00 612
    2018-09-01 $167,500 (4.8%) $204,587 (1.2%) 0.00 626
    2018-10-01 $165,650 (3.6%) $202,358 (-1.2%) 0.00 630
    2018-11-01 $164,900 (3.1%) $204,794 (2.3%) 0.00 634
    2018-12-01 $164,500 (2.9%) $207,027 (2.3%) 0.00 594
    2019-01-01 $167,650 (4.9%) $211,159 (4.1%) 0.00 563
    2019-02-01 $169,900 (7.6%) $217,174 (7.5%) 0.00 566
    2019-03-01 $172,043 (7.6%) $216,600 (6.3%) 0.00 565
    2019-04-01 $174,443 (6.7%) $216,638 (5.8%) 0.00 564
    2019-05-01 $172,400 (3.0%) $215,484 (3.2%) 0.00 568
    2019-06-01 $162,700 (-4.2%) $215,044 (1.0%) 0.00 567
    2019-07-01 $163,450 (-3.3%) $215,668 (3.1%) 0.00 600
    2019-08-01 $166,264 (-1.6%) $225,736 (6.5%) 0.00 617
    2019-09-01 $168,309 (0.5%) $237,515 (16.1%) 0.00 612
    2019-10-01 $169,900 (2.6%) $245,529 (21.3%) 0.00 610
    2019-11-01 $172,900 (4.9%) $245,494 (19.9%) 0.00 606
    2019-12-01 $179,900 (9.4%) $247,966 (19.8%) 0.00 594
    2020-01-01 $179,700 (7.2%) $245,708 (16.4%) 0.00 565
    2020-02-01 $179,900 (5.9%) $249,675 (15.0%) 0.00 537
    2020-03-01 $179,900 (4.6%) $252,970 (16.8%) 0.00 507
    2020-04-01 $179,900 (3.1%) $233,579 (7.8%) 0.00 520
    2020-05-01 $179,900 (4.4%) $238,281 (10.6%) 0.00 473
    2020-06-01 $189,350 (16.4%) $244,040 (13.5%) 0.00 407
    2020-07-01 $192,200 (17.6%) $255,408 (18.4%) 0.00 382
    2020-08-01 $199,900 (20.2%) $261,491 (15.8%) 0.00 368
    2020-09-01 $199,900 (18.8%) $253,348 (6.7%) 0.00 355
    2020-10-01 $209,000 (23.0%) $261,247 (6.4%) 0.00 315
    2020-11-01 $209,900 (21.4%) $262,317 (6.9%) 0.00 264
    2020-12-01 $204,900 (13.9%) $265,157 (6.9%) 0.00 262
    2021-01-01 $201,450 (12.1%) $266,427 (8.4%) 0.00 244
    2021-02-01 $204,900 (13.9%) $273,885 (9.7%) 0.00 228
    2021-03-01 $224,900 (25.0%) $271,016 (7.1%) 0.00 212
    2021-04-01 $231,950 (28.9%) $280,691 (20.2%) 0.00 199
    2021-05-01 $235,500 (30.9%) $284,671 (19.5%) 0.00 213
    2021-06-01 $229,300 (21.1%) $273,032 (11.9%) 0.00 241
    2021-07-01 $229,900 (19.6%) $284,335 (11.3%) 0.00 253
    2021-08-01 $233,675 (16.9%) $287,384 (9.9%) 0.00 267
    2021-09-01 $217,450 (8.8%) $270,294 (6.7%) 0.00 267
    2021-10-01 $219,900 (5.2%) $279,558 (7.0%) 0.00 244
    2021-11-01 $224,900 (7.2%) $280,094 (6.8%) 0.00 244
    2021-12-01 $229,900 (12.2%) $282,628 (6.6%) 0.00 232
    2022-01-01 $249,900 (24.1%) $307,805 (15.5%) 0.00 217
    2022-02-01 $277,425 (35.4%) $338,702 (23.7%) 0.00 191
    2022-03-01 $279,900 (24.5%) $348,850 (28.7%) 0.00 169
    2022-04-01 $265,000 (14.3%) $358,648 (27.8%) 0.00 162
    2022-05-01 $265,825 (12.9%) $334,837 (17.6%) 0.00 199
    2022-06-01 $269,950 (17.7%) $325,697 (19.3%) 0.00 257
    2022-07-01 $282,450 (22.9%) $332,124 (16.8%) 0.00 286
    2022-08-01 $271,425 (16.2%) $318,305 (10.8%) 0.00 277
    2022-09-01 $262,475 (20.7%) $315,764 (16.8%) 0.00 281
    2022-10-01 $266,450 (21.2%) $313,911 (12.3%) 0.00 311
    2022-11-01 $274,925 (22.2%) $319,514 (14.1%) 0.00 307
    2022-12-01 $270,000 (17.4%) $324,408 (14.8%) 0.00 277
    2023-01-01 $273,917 (9.6%) $334,878 (8.8%) 0.00 244
    2023-02-01 $279,900 (0.9%) $335,869 (-0.8%) 0.00 239
    2023-03-01 $279,900 (0.0%) $332,584 (-4.7%) 0.00 241
    2023-04-01 $289,900 (9.4%) $352,677 (-1.7%) 0.00 256
    2023-05-01 $285,475 (7.4%) $347,459 (3.8%) 0.00 278
    2023-06-01 $280,675 (4.0%) $344,961 (5.9%) 0.00 293
    2023-07-01 $289,900 (2.6%) $347,063 (4.5%) 0.00 298
    2023-08-01 $289,900 (6.8%) $347,390 (9.1%) 0.00 311
    2023-09-01 $291,900 (11.2%) $349,560 (10.7%) 0.00 331
    2023-10-01 $296,975 (11.5%) $352,607 (12.3%) 0.00 325
    2023-11-01 $296,950 (8.0%) $353,711 (10.7%) 0.00 329
    2023-12-01 $295,000 (9.3%) $349,192 (7.6%) 0.00 323
    2024-01-01 $299,900 (9.5%) $354,040 (5.7%) 0.00 315
    2024-02-01 $293,500 (4.9%) $354,522 (5.6%) 0.00 326
    2024-03-01 $294,900 (5.4%) $348,619 (4.8%) 0.00 322
    Valdosta's median listing price for 2024-03-01 was $294,900, a difference of $15,000 (5.4%) versus the prior year and $1,400 versus the prior month.

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

    Valdosta's average listing price for 2024-03-01 was $348,619, a difference of $16,035 (4.8%) versus the prior year and $-5,903 versus the prior month.

    For the 2024-03-01 period, Valdosta had 322 MLS listings, a difference of -4 listings (-1%) versus the prior month and 81 listings (34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Valdosta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,850 sqft
    2018-02-01 0 days 1,858 sqft
    2018-03-01 0 days 1,858 sqft
    2018-04-01 0 days 1,847 sqft
    2018-05-01 0 days 1,872 sqft
    2018-06-01 0 days 1,905 sqft
    2018-07-01 0 days 1,882 sqft
    2018-08-01 0 days 1,865 sqft
    2018-09-01 0 days 1,863 sqft
    2018-10-01 0 days 1,847 sqft
    2018-11-01 0 days 1,835 sqft
    2018-12-01 0 days 1,834 sqft
    2019-01-01 0 days 1,836 sqft
    2019-02-01 0 days 1,870 sqft
    2019-03-01 0 days 1,885 sqft
    2019-04-01 0 days 1,895 sqft
    2019-05-01 0 days 1,880 sqft
    2019-06-01 0 days 1,815 sqft
    2019-07-01 0 days 1,829 sqft
    2019-08-01 0 days 1,874 sqft
    2019-09-01 0 days 1,867 sqft
    2019-10-01 0 days 1,862 sqft
    2019-11-01 0 days 1,877 sqft
    2019-12-01 0 days 1,888 sqft
    2020-01-01 0 days 1,873 sqft
    2020-02-01 0 days 1,902 sqft
    2020-03-01 0 days 1,906 sqft
    2020-04-01 0 days 1,924 sqft
    2020-05-01 0 days 1,923 sqft
    2020-06-01 0 days 1,996 sqft
    2020-07-01 0 days 2,003 sqft
    2020-08-01 0 days 1,995 sqft
    2020-09-01 0 days 1,946 sqft
    2020-10-01 0 days 1,986 sqft
    2020-11-01 0 days 1,959 sqft
    2020-12-01 0 days 1,901 sqft
    2021-01-01 0 days 1,925 sqft
    2021-02-01 0 days 1,933 sqft
    2021-03-01 0 days 1,950 sqft
    2021-04-01 0 days 1,952 sqft
    2021-05-01 0 days 1,983 sqft
    2021-06-01 0 days 1,938 sqft
    2021-07-01 0 days 1,950 sqft
    2021-08-01 0 days 1,955 sqft
    2021-09-01 0 days 1,914 sqft
    2021-10-01 0 days 1,945 sqft
    2021-11-01 0 days 1,943 sqft
    2021-12-01 0 days 1,943 sqft
    2022-01-01 0 days 1,950 sqft
    2022-02-01 0 days 1,999 sqft
    2022-03-01 0 days 2,044 sqft
    2022-04-01 0 days 2,045 sqft
    2022-05-01 0 days 1,973 sqft
    2022-06-01 0 days 1,997 sqft
    2022-07-01 0 days 2,003 sqft
    2022-08-01 0 days 1,968 sqft
    2022-09-01 0 days 1,906 sqft
    2022-10-01 0 days 1,914 sqft
    2022-11-01 0 days 1,938 sqft
    2022-12-01 0 days 1,999 sqft
    2023-01-01 0 days 1,984 sqft
    2023-02-01 0 days 2,000 sqft
    2023-03-01 0 days 1,951 sqft
    2023-04-01 0 days 1,963 sqft
    2023-05-01 0 days 1,935 sqft
    2023-06-01 0 days 1,939 sqft
    2023-07-01 0 days 1,925 sqft
    2023-08-01 0 days 1,913 sqft
    2023-09-01 0 days 1,945 sqft
    2023-10-01 0 days 1,965 sqft
    2023-11-01 0 days 1,933 sqft
    2023-12-01 0 days 1,925 sqft
    2024-01-01 0 days 1,941 sqft
    2024-02-01 0 days 1,925 sqft
    2024-03-01 0 days 1,940 sqft
    Valdosta's median listing age (time on market) for 2024-03-01 was 0 days.

    Valdosta's median square footage for active listings during the 2024-03-01 period was 1,940 sqft. One year prior, the average listing was 1,951 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.