Waycross VA Loan Rates, Closing Costs & Stats

Waycross, 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.

    Waycross's 32 lenders originated 111 VA loans during 2024. The total origination value was $27,705,000, with an average VA loan value of $249,595.

    Waycross VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Waycross averaged 6.46% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Waycross's average VA mortgage closing costs are $4,716.

    The average rate for the prior week (2025-03-28) was 6.78% and one month ago for the week of 2025-02-28, the average rate was 6.65%.

    The average rate one year ago was 6.56%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.92%.

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

    Waycross 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 Waycross level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 26 6.76% $4,301
    UNITED WHOLESALE MORTGAGE, LLC 19 6.12% $5,146
    QUICKEN LOANS, LLC 10 6.26% $7,955
    FREEDOM MORTGAGE CORPORATION 6 6.38% $7,849
    VILLAGE CAPITAL MORTGAGE 5 5.55% $4,612
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 6.56% $4,435
    GUARANTEED RATE, INC. 4 6.36% $4,675
    NEWREZ LLC 3 5.83% $5,042
    PLANET HOME LENDING, LLC 2 6.06% $2,520
    Presidential Bank, FSB 2 6.50% $2,220
    PENNYMAC LOAN SERVICES, LLC 2 5.81% $8,088
    Barrington Bank & Trust Company, N.A. 2 6.75% $2,554
    TOWNE MORTGAGE COMPANY 2 5.75% $6,393
    CARDINAL FINANCIAL 2 6.50% $10,143
    Mid-Continent Funding, Inc. 2 5.63% $5,784
    USAA Federal Savings Bank 1 5.63% $3,962
    VERITAS FUNDING, LLC 1 6.63% $14,984
    MOVEMENT MORTGAGE, LLC 1 7.25% $7,648
    AMERICAN FINANCING CORPORATION 1 6.13% $11,793
    AMERISAVE MORTGAGE CORPORATION 1 6.38% $17,376
    AXIA FINANCIAL, LLC 1 7.25% $6,603
    BROKER SOLUTIONS, INC. 1 6.75% $13,052
    Carrington Mortgage Services, LLC 1 5.63% $13,423
    CMG MORTGAGE, INC. 1 6.13% $7,440
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $9,643
    LOANDEPOT.COM, LLC 1 6.13% $4,746
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $10,018
    NAVY FEDERAL CREDIT UNION 1 5.88% $3,444
    RELIANCE FIRST CAPITAL, LLC 1 6.63% $6,838
    Renasant Bank 1 6.25% $5,854
    SUN WEST MORTGAGE COMPANY, INC. 1 6.38% $2,616
    The Loan Store, Inc. 1 5.38% $14,758

    The top Waycross VA lender as defined by loan originations is Mortgage Research Center, LLC, with 26 VA loans originated. Their average total fees are $4,301, which is $845 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Waycross VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,301), UNITED WHOLESALE MORTGAGE, LLC ($5,146), QUICKEN LOANS, LLC ($7,955), .

    The lowest rate Waycross VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.12%), QUICKEN LOANS, LLC (6.26%), Mortgage Research Center, LLC (6.76%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Waycross (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 $125,950 (5.5%) $159,004 (9.8%) 0.00 212
    2018-02-01 $128,425 (9.2%) $156,007 (5.0%) 0.00 209
    2018-03-01 $129,900 (11.3%) $152,582 (2.6%) 0.00 208
    2018-04-01 $129,675 (3.8%) $157,560 (3.4%) 0.00 198
    2018-05-01 $129,450 (4.4%) $156,351 (3.4%) 0.00 198
    2018-06-01 $129,900 (4.0%) $161,076 (4.3%) 0.00 190
    2018-07-01 $129,950 (0.5%) $165,119 (5.6%) 0.00 190
    2018-08-01 $131,975 (-3.7%) $167,443 (-0.4%) 0.00 184
    2018-09-01 $134,950 (-1.3%) $184,686 (10.1%) 0.00 176
    2018-10-01 $144,950 (7.4%) $198,962 (18.5%) 0.00 159
    2018-11-01 $146,163 (8.3%) $206,275 (24.2%) 0.00 152
    2018-12-01 $135,000 (0.0%) $200,155 (22.2%) 0.00 157
    2019-01-01 $135,975 (8.0%) $193,794 (21.9%) 0.00 156
    2019-02-01 $145,000 (12.9%) $194,203 (24.5%) 0.00 158
    2019-03-01 $146,371 (12.7%) $196,312 (28.7%) 0.00 161
    2019-04-01 $153,346 (18.3%) $203,339 (29.1%) 0.00 161
    2019-05-01 $152,175 (17.6%) $206,485 (32.1%) 0.00 150
    2019-06-01 $149,900 (15.4%) $204,668 (27.1%) 0.00 147
    2019-07-01 $148,850 (14.5%) $195,844 (18.6%) 0.00 164
    2019-08-01 $150,418 (14.0%) $191,559 (14.4%) 0.00 189
    2019-09-01 $152,995 (13.4%) $192,468 (4.2%) 0.00 191
    2019-10-01 $154,714 (6.7%) $193,074 (-3.0%) 0.00 189
    2019-11-01 $149,900 (2.6%) $189,072 (-8.3%) 0.00 191
    2019-12-01 $149,450 (10.7%) $189,089 (-5.5%) 0.00 188
    2020-01-01 $150,450 (10.7%) $189,979 (-2.0%) 0.00 170
    2020-02-01 $164,900 (13.7%) $198,710 (2.3%) 0.00 162
    2020-03-01 $164,725 (12.5%) $199,541 (1.6%) 0.00 155
    2020-04-01 $167,975 (9.5%) $204,687 (0.7%) 0.00 156
    2020-05-01 $157,450 (3.5%) $202,245 (-2.1%) 0.00 146
    2020-06-01 $151,925 (1.4%) $212,996 (4.1%) 0.00 131
    2020-07-01 $149,900 (0.7%) $213,371 (9.0%) 0.00 126
    2020-08-01 $139,450 (-7.3%) $214,593 (12.0%) 0.00 119
    2020-09-01 $155,000 (1.3%) $212,909 (10.6%) 0.00 118
    2020-10-01 $159,450 (3.1%) $213,466 (10.6%) 0.00 109
    2020-11-01 $157,000 (4.7%) $221,033 (16.9%) 0.00 95
    2020-12-01 $169,900 (13.7%) $236,613 (25.1%) 0.00 81
    2021-01-01 $174,950 (16.3%) $239,343 (26.0%) 0.00 79
    2021-02-01 $169,900 (3.0%) $238,004 (19.8%) 0.00 70
    2021-03-01 $159,450 (-3.2%) $238,386 (19.5%) 0.00 76
    2021-04-01 $169,900 (1.2%) $260,138 (27.1%) 0.00 71
    2021-05-01 $169,900 (7.9%) $259,130 (28.1%) 0.00 72
    2021-06-01 $159,900 (5.3%) $232,533 (9.2%) 0.00 76
    2021-07-01 $159,900 (6.7%) $228,821 (7.2%) 0.00 86
    2021-08-01 $163,000 (16.9%) $244,962 (14.2%) 0.00 99
    2021-09-01 $168,000 (8.4%) $231,815 (8.9%) 0.00 110
    2021-10-01 $185,900 (16.6%) $227,465 (6.6%) 0.00 106
    2021-11-01 $189,000 (20.4%) $253,099 (14.5%) 0.00 101
    2021-12-01 $194,050 (14.2%) $260,852 (10.2%) 0.00 86
    2022-01-01 $202,400 (15.7%) $267,758 (11.9%) 0.00 77
    2022-02-01 $192,400 (13.2%) $254,980 (7.1%) 0.00 81
    2022-03-01 $202,450 (27.0%) $270,594 (13.5%) 0.00 79
    2022-04-01 $198,000 (16.5%) $280,347 (7.8%) 0.00 74
    2022-05-01 $194,275 (14.4%) $269,650 (4.1%) 0.00 84
    2022-06-01 $199,900 (25.0%) $262,393 (12.8%) 0.00 79
    2022-07-01 $194,000 (21.3%) $244,361 (6.8%) 0.00 84
    2022-08-01 $212,475 (30.4%) $249,743 (2.0%) 0.00 96
    2022-09-01 $229,000 (36.3%) $259,111 (11.8%) 0.00 95
    2022-10-01 $230,000 (23.7%) $260,644 (14.6%) 0.00 100
    2022-11-01 $209,500 (10.9%) $257,845 (1.9%) 0.00 108
    2022-12-01 $205,000 (5.6%) $256,534 (-1.7%) 0.00 106
    2023-01-01 $199,000 (-1.7%) $241,597 (-9.8%) 0.00 104
    2023-02-01 $189,900 (-1.3%) $233,875 (-8.3%) 0.00 93
    2023-03-01 $209,225 (3.4%) $246,648 (-8.9%) 0.00 93
    2023-04-01 $229,900 (16.1%) $293,369 (4.7%) 0.00 92
    2023-05-01 $239,950 (23.5%) $312,075 (15.7%) 0.00 88
    2023-06-01 $229,450 (14.8%) $306,461 (16.8%) 0.00 86
    2023-07-01 $229,450 (18.3%) $315,236 (29.0%) 0.00 94
    2023-08-01 $234,925 (10.6%) $311,661 (24.8%) 0.00 99
    2023-09-01 $230,000 (0.4%) $301,571 (16.4%) 0.00 104
    2023-10-01 $218,500 (-5.0%) $292,124 (12.1%) 0.00 118
    2023-11-01 $210,225 (0.4%) $260,349 (1.0%) 0.00 132
    2023-12-01 $207,000 (1.0%) $254,790 (-0.7%) 0.00 123
    2024-01-01 $204,920 (3.0%) $248,619 (2.9%) 0.00 129
    2024-02-01 $199,500 (5.1%) $248,794 (6.4%) 0.00 126
    2024-03-01 $205,000 (-2.0%) $249,468 (1.1%) 0.00 128
    2024-04-01 $216,925 (-5.6%) $268,202 (-8.6%) 0.00 142
    2024-05-01 $238,500 (-0.6%) $287,880 (-7.8%) 0.00 149
    2024-06-01 $235,000 (2.4%) $281,443 (-8.2%) 0.00 151
    2024-07-01 $215,950 (-5.9%) $275,632 (-12.6%) 0.00 158
    2024-08-01 $217,400 (-7.5%) $280,825 (-9.9%) 0.00 183
    2024-09-01 $215,363 (-6.4%) $279,292 (-7.4%) 0.00 187
    2024-10-01 $212,500 (-2.8%) $268,506 (-8.1%) 0.00 182
    2024-11-01 $212,000 (0.8%) $269,698 (3.6%) 0.00 190
    2024-12-01 $226,000 (9.2%) $271,101 (6.4%) 0.00 176
    2025-01-01 $231,200 (12.8%) $290,609 (16.9%) 0.00 169
    2025-02-01 $224,950 (12.8%) $284,385 (14.3%) 0.00 196
    2025-03-01 $246,990 (20.5%) $297,932 (19.4%) 0.00 205
    Waycross's median listing price for 2025-03-01 was $246,990, a difference of $41,990 (20.5%) versus the prior year and $22,040 versus the prior month.

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

    Waycross's average listing price for 2025-03-01 was $297,932, a difference of $48,464 (19.4%) versus the prior year and $13,547 versus the prior month.

    For the 2025-03-01 period, Waycross had 205 MLS listings, a difference of 9 listings (5%) versus the prior month and 77 listings (60%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Waycross (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,041 sqft
    2018-02-01 0 days 2,069 sqft
    2018-03-01 0 days 2,056 sqft
    2018-04-01 0 days 2,050 sqft
    2018-05-01 0 days 1,992 sqft
    2018-06-01 0 days 2,007 sqft
    2018-07-01 0 days 2,015 sqft
    2018-08-01 0 days 2,037 sqft
    2018-09-01 0 days 2,053 sqft
    2018-10-01 0 days 2,120 sqft
    2018-11-01 0 days 2,174 sqft
    2018-12-01 0 days 2,157 sqft
    2019-01-01 0 days 2,143 sqft
    2019-02-01 0 days 2,029 sqft
    2019-03-01 0 days 2,035 sqft
    2019-04-01 0 days 2,037 sqft
    2019-05-01 0 days 2,043 sqft
    2019-06-01 0 days 2,054 sqft
    2019-07-01 0 days 2,053 sqft
    2019-08-01 0 days 2,047 sqft
    2019-09-01 0 days 2,124 sqft
    2019-10-01 0 days 2,182 sqft
    2019-11-01 0 days 2,150 sqft
    2019-12-01 0 days 2,133 sqft
    2020-01-01 0 days 2,160 sqft
    2020-02-01 0 days 2,186 sqft
    2020-03-01 0 days 2,157 sqft
    2020-04-01 0 days 2,083 sqft
    2020-05-01 0 days 2,098 sqft
    2020-06-01 0 days 2,087 sqft
    2020-07-01 0 days 2,085 sqft
    2020-08-01 0 days 1,920 sqft
    2020-09-01 0 days 1,851 sqft
    2020-10-01 0 days 1,924 sqft
    2020-11-01 0 days 1,882 sqft
    2020-12-01 0 days 2,029 sqft
    2021-01-01 0 days 2,101 sqft
    2021-02-01 0 days 2,067 sqft
    2021-03-01 0 days 1,963 sqft
    2021-04-01 0 days 2,009 sqft
    2021-05-01 0 days 1,901 sqft
    2021-06-01 0 days 1,847 sqft
    2021-07-01 0 days 1,804 sqft
    2021-08-01 0 days 1,842 sqft
    2021-09-01 0 days 1,823 sqft
    2021-10-01 0 days 1,854 sqft
    2021-11-01 0 days 1,810 sqft
    2021-12-01 0 days 1,832 sqft
    2022-01-01 0 days 1,933 sqft
    2022-02-01 0 days 1,844 sqft
    2022-03-01 0 days 1,906 sqft
    2022-04-01 0 days 1,965 sqft
    2022-05-01 0 days 1,915 sqft
    2022-06-01 0 days 1,892 sqft
    2022-07-01 0 days 1,972 sqft
    2022-08-01 0 days 2,003 sqft
    2022-09-01 0 days 2,093 sqft
    2022-10-01 0 days 2,003 sqft
    2022-11-01 0 days 2,001 sqft
    2022-12-01 0 days 2,058 sqft
    2023-01-01 0 days 2,006 sqft
    2023-02-01 0 days 1,865 sqft
    2023-03-01 0 days 1,928 sqft
    2023-04-01 0 days 2,036 sqft
    2023-05-01 0 days 2,092 sqft
    2023-06-01 0 days 1,909 sqft
    2023-07-01 0 days 1,910 sqft
    2023-08-01 0 days 1,901 sqft
    2023-09-01 0 days 1,953 sqft
    2023-10-01 0 days 1,872 sqft
    2023-11-01 0 days 1,892 sqft
    2023-12-01 0 days 1,820 sqft
    2024-01-01 0 days 1,754 sqft
    2024-02-01 0 days 1,744 sqft
    2024-03-01 0 days 1,760 sqft
    2024-04-01 0 days 1,772 sqft
    2024-05-01 0 days 1,835 sqft
    2024-06-01 0 days 1,785 sqft
    2024-07-01 0 days 1,679 sqft
    2024-08-01 0 days 1,685 sqft
    2024-09-01 0 days 1,685 sqft
    2024-10-01 0 days 1,656 sqft
    2024-11-01 0 days 1,682 sqft
    2024-12-01 0 days 1,724 sqft
    2025-01-01 0 days 1,796 sqft
    2025-02-01 0 days 1,781 sqft
    2025-03-01 0 days 1,811 sqft
    Waycross's median listing age (time on market) for 2025-03-01 was 0 days.

    Waycross's median square footage for active listings during the 2025-03-01 period was 1,811 sqft. One year prior, the average listing was 1,760 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.