Valdosta VA Loan Rates, Closing Costs & Stats

VALDOSTA, 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.

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 6.56% for the week of 2024-11-01, compared to the national average (all VA variants) of 6.305% for the same period.

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

The average rate for the prior week (2024-10-25) was 6.22% and one month ago for the week of 2024-09-27, the average rate was 5.38%.

The average rate one year ago was 7.5%.

For refis of the same type during the week of 2024-11-01, the average rate was 6.85%.

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
2024-04-01 $297,300 (2.6%) $349,182 (-1.0%) 0.00 337
2024-05-01 $296,950 (4.0%) $353,256 (1.7%) 0.00 365
2024-06-01 $279,950 (-0.3%) $340,999 (-1.2%) 0.00 405
2024-07-01 $279,900 (-3.5%) $330,800 (-4.7%) 0.00 456
2024-08-01 $289,900 (0.0%) $328,952 (-5.3%) 0.00 462
2024-09-01 $286,000 (-2.0%) $326,831 (-6.5%) 0.00 460
2024-10-01 $282,175 (-5.0%) $327,134 (-7.2%) 0.00 401
Valdosta's median listing price for 2024-10-01 was $282,175, a difference of $-14,800 (-5.0%) versus the prior year and $-3,825 versus the prior month.

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

Valdosta's average listing price for 2024-10-01 was $327,134, a difference of $-25,473 (-7.2%) versus the prior year and $303 versus the prior month.

For the 2024-10-01 period, Valdosta had 401 MLS listings, a difference of -59 listings (-13%) versus the prior month and 76 listings (23%) 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
2024-04-01 0 days 1,919 sqft
2024-05-01 0 days 1,858 sqft
2024-06-01 0 days 1,850 sqft
2024-07-01 0 days 1,858 sqft
2024-08-01 0 days 1,892 sqft
2024-09-01 0 days 1,871 sqft
2024-10-01 0 days 1,886 sqft
Valdosta's median listing age (time on market) for 2024-10-01 was 0 days.

Valdosta's median square footage for active listings during the 2024-10-01 period was 1,886 sqft. One year prior, the average listing was 1,965 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.