Vidalia VA Loan Rates, Closing Costs & Stats

Vidalia, 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.

Vidalia's 15 lenders originated 41 VA loans during 2024. The total origination value was $11,615,000, with an average VA loan value of $283,293.

Vidalia VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Vidalia averaged 6.88% for the week of 2025-05-09, compared to the national average (all VA variants) of 6.369% for the same period.

Vidalia's average VA mortgage closing costs are $5,311.

The average rate for the prior week (2025-05-02) was 6.69% and one month ago for the week of 2025-04-04, the average rate was 6.64%.

The average rate one year ago was 7.43%.

For refis of the same type during the week of 2025-05-09, the average rate was 6.27%.

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

Vidalia 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 Vidalia level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 13 6.68% $4,515
FREEDOM MORTGAGE CORPORATION 5 6.33% $6,879
UNITED WHOLESALE MORTGAGE, LLC 3 5.83% $3,572
QUICKEN LOANS, LLC 3 6.04% $6,178
VILLAGE CAPITAL MORTGAGE 2 5.62% $6,695
PLANET HOME LENDING, LLC 2 6.13% $8,288
GUILD MORTGAGE COMPANY 1 7.63% $8,397
Bell Bank 1 5.88% $7,414
Mr. Cooper ( Nationstar Mortgage ) 1 5.75% $4,267
NEW DAY FINANCIAL, LLC 1 7.99% $14,023
Plains Commerce Bank 1 5.63% $5,332
1ST SIGNATURE LENDING, LLC 1 6.75% $10,125
AMERISAVE MORTGAGE CORPORATION 1 5.38% $13,675
Alcova Mortgage LLC 1 6.25% $4,908
Equity Prime Mortgage LLC 1 6.00% $16,410

The top Vidalia VA lender as defined by loan originations is Mortgage Research Center, LLC, with 13 VA loans originated. Their average total fees are $4,515, which is $2,364 lower than the next largest lender, FREEDOM MORTGAGE CORPORATION.

The lowest fee Vidalia VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,515), .

The lowest rate Vidalia VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.68%), .

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.