Wilson VA Loan Rates, Closing Costs & Stats

Wilson, NC

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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.

    Wilson's 40 lenders originated 113 VA loans during 2023. The total origination value was $29,765,000, with an average VA loan value of $263,407.

    Wilson VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Wilson averaged 6.89% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Wilson's average VA mortgage closing costs are $4,822.

    The average rate for the prior week (2024-04-12) was 6.52% and one month ago for the week of 2024-03-15, the average rate was 6.38%.

    The average rate one year ago was 5.97%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.86%.

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

    Wilson 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 Wilson level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 26 7.02% $3,673
    DHI MORTGAGE COMPANY, LTD. 10 5.55% $6,205
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 7 6.54% $7,887
    PENNYMAC LOAN SERVICES, LLC 5 6.08% $7,572
    NAVY FEDERAL CREDIT UNION 5 5.43% $7,832
    NEW DAY FINANCIAL, LLC 4 7.69% $9,821
    QUICKEN LOANS, LLC 4 5.87% $9,531
    UNITED WHOLESALE MORTGAGE, LLC 3 5.92% $11,496
    USAA Federal Savings Bank 3 6.46% $6,039
    VELOCIO MORTGAGE L.L.C. 3 5.91% $4,727
    American Security Mortgage Corp. 3 6.33% $5,738
    VILLAGE CAPITAL MORTGAGE 2 6.88% $11,909
    Barrington Bank & Trust Company, N.A. 2 6.25% $7,977
    Carrington Mortgage Services, LLC 2 5.13% $1,884
    FREEDOM MORTGAGE CORPORATION 2 7.00% $11,776
    RELIANCE FIRST CAPITAL, LLC 2 6.38% $11,357
    INSPIRE HOME LOANS INC. 1 4.75% $1,195
    INTERCOASTAL MORTGAGE COMPANY 1 6.99% $2,632
    JMJ FINANCIAL GROUP 1 6.25% $20,352
    LOANDEPOT.COM, LLC 1 5.63% $5,463
    GoPrime Mortgage, Inc. 1 5.99% $11,668
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $0
    MOVEMENT MORTGAGE, LLC 1 5.63% $7,676
    Nations Lending Corporation 1 6.75% $3,881
    Fidelity Bank 1 5.75% $12,258
    Equity Prime Mortgage LLC 1 6.50% $13,865
    NFM, INC. 1 7.38% $8,013
    Paramount Residential Mortgage Group, Inc. 1 5.75% $7,159
    DAS Acquisition Company, LLC 1 6.75% $6,908
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $856
    Community First National Bank 1 7.13% $4,367
    Alcova Mortgage LLC 1 5.75% $8,061
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.63% $5,586
    Towne Mortgage of the Carolinas, LLC 1 5.63% $6,575
    Truist 1 6.50% $3,421
    United Bank 1 6.63% $3,168
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.99% $12,622
    AMERISAVE MORTGAGE CORPORATION 1 5.00% $13,391
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $3,171
    GUARANTEED RATE, INC. 1 6.25% $575

    The top Wilson VA lender as defined by loan originations is Mortgage Research Center, LLC, with 26 VA loans originated. Their average total fees are $3,673, which is $2,532 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Wilson VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,673), DHI MORTGAGE COMPANY, LTD. ($6,205), .

    The lowest rate Wilson VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.55%), Mortgage Research Center, LLC (7.02%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Wilson (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 $129,600 (8.1%) $159,623 (3.8%) 0.00 252
    2018-02-01 $129,900 (9.5%) $160,284 (2.6%) 0.00 243
    2018-03-01 $132,500 (0.8%) $153,041 (-9.2%) 0.00 247
    2018-04-01 $129,950 (-4.7%) $151,563 (-11.5%) 0.00 255
    2018-05-01 $123,875 (-8.2%) $158,053 (-8.0%) 0.00 260
    2018-06-01 $120,990 (-13.5%) $161,506 (-7.8%) 0.00 238
    2018-07-01 $121,490 (-16.7%) $168,368 (-5.3%) 0.00 239
    2018-08-01 $123,500 (-8.0%) $168,477 (0.5%) 0.00 248
    2018-09-01 $132,250 (0.2%) $173,025 (4.6%) 0.00 243
    2018-10-01 $129,850 (-2.6%) $168,222 (2.6%) 0.00 245
    2018-11-01 $129,925 (-5.5%) $166,602 (-1.0%) 0.00 250
    2018-12-01 $129,700 (-0.2%) $162,930 (-0.1%) 0.00 239
    2019-01-01 $132,350 (2.1%) $161,673 (1.3%) 0.00 233
    2019-02-01 $136,250 (4.9%) $169,315 (5.6%) 0.00 211
    2019-03-01 $141,386 (6.7%) $173,444 (13.3%) 0.00 187
    2019-04-01 $152,400 (17.3%) $182,110 (20.2%) 0.00 172
    2019-05-01 $152,400 (23.0%) $187,889 (18.9%) 0.00 177
    2019-06-01 $169,900 (40.4%) $199,393 (23.5%) 0.00 181
    2019-07-01 $173,700 (43.0%) $211,744 (25.8%) 0.00 167
    2019-08-01 $174,645 (41.4%) $215,167 (27.7%) 0.00 164
    2019-09-01 $174,564 (32.0%) $214,171 (23.8%) 0.00 161
    2019-10-01 $174,500 (34.4%) $212,499 (26.3%) 0.00 153
    2019-11-01 $165,900 (27.7%) $200,498 (20.4%) 0.00 144
    2019-12-01 $169,900 (31.0%) $195,875 (20.2%) 0.00 150
    2020-01-01 $154,000 (16.4%) $186,031 (15.1%) 0.00 145
    2020-02-01 $165,000 (21.1%) $201,625 (19.1%) 0.00 143
    2020-03-01 $164,000 (16.0%) $201,660 (16.3%) 0.00 142
    2020-04-01 $169,900 (11.5%) $210,721 (15.7%) 0.00 138
    2020-05-01 $182,400 (19.7%) $210,918 (12.3%) 0.00 140
    2020-06-01 $189,900 (11.8%) $218,814 (9.7%) 0.00 121
    2020-07-01 $193,375 (11.3%) $228,903 (8.1%) 0.00 101
    2020-08-01 $199,950 (14.5%) $240,734 (11.9%) 0.00 95
    2020-09-01 $221,200 (26.7%) $276,663 (29.2%) 0.00 76
    2020-10-01 $205,450 (17.7%) $278,595 (31.1%) 0.00 64
    2020-11-01 $179,900 (8.4%) $244,471 (21.9%) 0.00 73
    2020-12-01 $207,100 (21.9%) $249,199 (27.2%) 0.00 62
    2021-01-01 $208,000 (35.1%) $256,267 (37.8%) 0.00 60
    2021-02-01 $219,950 (33.3%) $255,406 (26.7%) 0.00 66
    2021-03-01 $209,425 (27.7%) $254,591 (26.3%) 0.00 59
    2021-04-01 $216,150 (27.2%) $265,492 (26.0%) 0.00 53
    2021-05-01 $199,990 (9.6%) $243,175 (15.3%) 0.00 40
    2021-06-01 $187,425 (-1.3%) $224,651 (2.7%) 0.00 62
    2021-07-01 $182,500 (-5.6%) $226,130 (-1.2%) 0.00 64
    2021-08-01 $189,900 (-5.0%) $232,783 (-3.3%) 0.00 63
    2021-09-01 $186,150 (-15.9%) $222,076 (-19.7%) 0.00 58
    2021-10-01 $197,400 (-3.9%) $236,517 (-15.1%) 0.00 66
    2021-11-01 $187,950 (4.5%) $231,094 (-5.5%) 0.00 67
    2021-12-01 $220,700 (6.6%) $251,364 (0.9%) 0.00 57
    2022-01-01 $197,400 (-5.1%) $244,224 (-4.7%) 0.00 38
    2022-02-01 $184,950 (-15.9%) $230,582 (-9.7%) 0.00 35
    2022-03-01 $223,500 (6.7%) $254,148 (-0.2%) 0.00 34
    2022-04-01 $205,000 (-5.2%) $269,454 (1.5%) 0.00 48
    2022-05-01 $237,500 (18.8%) $290,443 (19.4%) 0.00 48
    2022-06-01 $249,925 (33.4%) $305,469 (36.0%) 0.00 65
    2022-07-01 $247,450 (35.6%) $287,362 (27.1%) 0.00 102
    2022-08-01 $237,225 (24.9%) $274,070 (17.7%) 0.00 105
    2022-09-01 $254,500 (36.7%) $267,549 (20.5%) 0.00 83
    2022-10-01 $249,900 (26.6%) $275,013 (16.3%) 0.00 82
    2022-11-01 $243,800 (29.7%) $294,511 (27.4%) 0.00 83
    2022-12-01 $249,000 (12.8%) $273,931 (9.0%) 0.00 83
    2023-01-01 $260,700 (32.1%) $291,886 (19.5%) 0.00 79
    2023-02-01 $274,175 (48.2%) $298,794 (29.6%) 0.00 83
    2023-03-01 $283,750 (27.0%) $315,511 (24.1%) 0.00 81
    2023-04-01 $299,990 (46.3%) $326,361 (21.1%) 0.00 71
    2023-05-01 $316,298 (33.2%) $337,370 (16.2%) 0.00 71
    2023-06-01 $290,673 (16.3%) $316,742 (3.7%) 0.00 84
    2023-07-01 $275,000 (11.1%) $308,807 (7.5%) 0.00 83
    2023-08-01 $264,945 (11.7%) $299,509 (9.3%) 0.00 82
    2023-09-01 $270,990 (6.5%) $299,620 (12.0%) 0.00 80
    2023-10-01 $276,225 (10.5%) $300,954 (9.4%) 0.00 105
    2023-11-01 $279,950 (14.8%) $299,418 (1.7%) 0.00 111
    2023-12-01 $290,000 (16.5%) $307,287 (12.2%) 0.00 113
    2024-01-01 $291,225 (11.7%) $305,892 (4.8%) 0.00 111
    2024-02-01 $296,334 (8.1%) $306,578 (2.6%) 0.00 122
    2024-03-01 $275,000 (-3.1%) $283,096 (-10.3%) 0.00 154
    Wilson's median listing price for 2024-03-01 was $275,000, a difference of $-8,750 (-3.1%) versus the prior year and $-21,334 versus the prior month.

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

    Wilson's average listing price for 2024-03-01 was $283,096, a difference of $-32,415 (-10.3%) versus the prior year and $-23,482 versus the prior month.

    For the 2024-03-01 period, Wilson had 154 MLS listings, a difference of 32 listings (26%) versus the prior month and 73 listings (90%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Wilson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,657 sqft
    2018-02-01 0 days 1,610 sqft
    2018-03-01 0 days 1,653 sqft
    2018-04-01 0 days 1,652 sqft
    2018-05-01 0 days 1,582 sqft
    2018-06-01 0 days 1,536 sqft
    2018-07-01 0 days 1,580 sqft
    2018-08-01 0 days 1,563 sqft
    2018-09-01 0 days 1,609 sqft
    2018-10-01 0 days 1,583 sqft
    2018-11-01 0 days 1,564 sqft
    2018-12-01 0 days 1,541 sqft
    2019-01-01 0 days 1,537 sqft
    2019-02-01 0 days 1,605 sqft
    2019-03-01 0 days 1,646 sqft
    2019-04-01 0 days 1,734 sqft
    2019-05-01 0 days 1,878 sqft
    2019-06-01 0 days 2,019 sqft
    2019-07-01 0 days 2,006 sqft
    2019-08-01 0 days 2,022 sqft
    2019-09-01 0 days 2,008 sqft
    2019-10-01 0 days 2,003 sqft
    2019-11-01 0 days 1,800 sqft
    2019-12-01 0 days 1,835 sqft
    2020-01-01 0 days 1,734 sqft
    2020-02-01 0 days 1,796 sqft
    2020-03-01 0 days 1,724 sqft
    2020-04-01 0 days 1,773 sqft
    2020-05-01 0 days 1,714 sqft
    2020-06-01 0 days 1,811 sqft
    2020-07-01 0 days 1,880 sqft
    2020-08-01 0 days 1,952 sqft
    2020-09-01 0 days 2,171 sqft
    2020-10-01 0 days 2,054 sqft
    2020-11-01 0 days 1,838 sqft
    2020-12-01 0 days 1,868 sqft
    2021-01-01 0 days 1,870 sqft
    2021-02-01 0 days 1,766 sqft
    2021-03-01 0 days 1,692 sqft
    2021-04-01 0 days 1,804 sqft
    2021-05-01 0 days 1,550 sqft
    2021-06-01 0 days 1,551 sqft
    2021-07-01 0 days 1,650 sqft
    2021-08-01 0 days 1,607 sqft
    2021-09-01 0 days 1,552 sqft
    2021-10-01 0 days 1,655 sqft
    2021-11-01 0 days 1,625 sqft
    2021-12-01 0 days 1,718 sqft
    2022-01-01 0 days 1,743 sqft
    2022-02-01 0 days 1,679 sqft
    2022-03-01 0 days 1,765 sqft
    2022-04-01 0 days 1,603 sqft
    2022-05-01 0 days 1,593 sqft
    2022-06-01 0 days 1,553 sqft
    2022-07-01 0 days 1,586 sqft
    2022-08-01 0 days 1,547 sqft
    2022-09-01 0 days 1,669 sqft
    2022-10-01 0 days 1,691 sqft
    2022-11-01 0 days 1,732 sqft
    2022-12-01 0 days 1,705 sqft
    2023-01-01 0 days 1,700 sqft
    2023-02-01 0 days 1,693 sqft
    2023-03-01 0 days 1,682 sqft
    2023-04-01 0 days 1,727 sqft
    2023-05-01 0 days 1,887 sqft
    2023-06-01 0 days 1,730 sqft
    2023-07-01 0 days 1,720 sqft
    2023-08-01 0 days 1,738 sqft
    2023-09-01 0 days 1,772 sqft
    2023-10-01 0 days 1,763 sqft
    2023-11-01 0 days 1,741 sqft
    2023-12-01 0 days 1,742 sqft
    2024-01-01 0 days 1,729 sqft
    2024-02-01 0 days 1,722 sqft
    2024-03-01 0 days 1,682 sqft
    Wilson's median listing age (time on market) for 2024-03-01 was 0 days.

    Wilson's median square footage for active listings during the 2024-03-01 period was 1,682 sqft. One year prior, the average listing was 1,682 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.