Winston VA Loan Rates, Closing Costs & Stats

WINSTON-SALEM, NC

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Winston's 105 lenders originated 937 VA loans during 2023. The total origination value was $274,185,000, with an average VA loan value of $292,620.

    Winston VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Winston averaged 6.36% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Winston's average VA mortgage closing costs are $5,276.

    The average rate for the prior week (2025-02-07) was 6.5% and one month ago for the week of 2025-01-10, the average rate was 6.64%.

    The average rate one year ago was 6.26%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.18%.

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

    Winston 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 Winston level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 153 6.77% $5,935
    QUICKEN LOANS, LLC 62 6.11% $9,635
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 51 6.64% $7,157
    DHI MORTGAGE COMPANY, LTD. 47 5.36% $5,293
    MOVEMENT MORTGAGE, LLC 44 6.34% $7,735
    NAVY FEDERAL CREDIT UNION 34 5.94% $5,483
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 31 6.53% $6,105
    NEW DAY FINANCIAL, LLC 27 7.68% $12,759
    USAA Federal Savings Bank 25 6.23% $6,112
    UNITED WHOLESALE MORTGAGE, LLC 23 6.55% $10,438
    FREEDOM MORTGAGE CORPORATION 23 6.76% $12,033
    PENNYMAC LOAN SERVICES, LLC 18 5.60% $6,318
    LOANDEPOT.COM, LLC 17 6.18% $9,027
    The Federal Savings Bank 16 6.43% $13,959
    INSPIRE HOME LOANS INC. 15 6.12% $5,701
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 15 6.45% $11,414
    CROSSCOUNTRY MORTGAGE, LLC 14 6.56% $8,580
    GUARANTEED RATE, INC. 14 6.20% $6,815
    Wells Fargo Bank 14 5.44% $2,932
    MORTGAGE SOLUTIONS OF COLORADO, LLC 13 7.30% $6,851
    CARDINAL FINANCIAL 12 6.50% $15,060
    VANDERBILT MORTGAGE AND FINANCE, INC. 10 5.94% $1,388
    NEWREZ LLC 10 6.44% $7,065
    HOMESIDE FINANCIAL, LLC 10 6.45% $9,234
    VILLAGE CAPITAL MORTGAGE 9 6.24% $8,121
    UNION HOME MORTGAGE CORP. 9 7.06% $6,783
    CMG MORTGAGE, INC. 8 6.42% $6,629
    INTERCOASTAL MORTGAGE COMPANY 8 6.66% $10,205
    Ameris Bank 8 6.55% $10,031
    ACADEMY MORTGAGE CORPORATION 8 7.23% $8,398
    Mr. Cooper ( Nationstar Mortgage ) 6 6.06% $12,288
    AMERISAVE MORTGAGE CORPORATION 6 5.56% $11,215
    PLAZA HOME MORTGAGE, INC. 6 6.23% $8,384
    Barrington Bank & Trust Company, N.A. 5 6.65% $12,028
    Plains Commerce Bank 5 6.18% $12,963
    PENTAGON FEDERAL CREDIT UNION 5 5.28% $7,115
    Atlantic Coast Mortgage, LLC 5 6.63% $3,206
    Prosperity Home Mortgage, LLC 5 6.17% $8,857
    Allen Tate Mortgage Partners, LLC 4 6.16% $5,046
    Blue Ridge Bank 4 6.69% $5,792
    CORNERSTONE HOME LENDING, INC. 4 6.63% $4,829
    GUILD MORTGAGE COMPANY 3 6.96% $7,613
    NBKC BANK 3 6.17% $6,496
    PLANET HOME LENDING, LLC 3 6.37% $6,282
    SeaTrust Mortgage Company 3 6.50% $2,473
    Truist 3 6.24% $11,084
    LOANPAL, LLC 3 5.83% $11,322
    MILEND, INC. 3 6.92% $10,943
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.25% $10,724
    Truliant Federal Credit Union 2 6.88% $7,070
    TOWNE MORTGAGE COMPANY 2 7.44% $3,415
    Pinnacle Bank 2 6.06% $8,578
    Magnolia Bank 2 6.06% $26,237
    CONTOUR MORTGAGE CORPORATION 2 6.31% $9,421
    MICHIGAN MUTUAL, INC. 2 5.75% $3,827
    Mid-Continent Funding, Inc. 2 6.56% $10,971
    EAGLE HOME MORTGAGE, LLC 2 5.81% $11,566
    The Fidelity Bank 2 7.00% $7,999
    MORTGAGEONE, INC. 2 7.06% $7,851
    First Federal Bank 2 6.00% $9,307
    RELIANCE FIRST CAPITAL, LLC 2 6.94% $7,872
    HOWARD HANNA FINANCIAL SERVICES, INC. 2 6.25% $11,047
    U.S. Bank 2 6.06% $9,431
    ZILLOW HOME LOANS, LLC 1 6.13% $4,863
    Alcova Mortgage LLC 1 7.38% $1,339
    AMERICAN FINANCIAL NETWORK, INC. 1 7.13% $11,802
    AMERICAN FINANCIAL RESOURCES, INC. 1 5.75% $10,777
    AMERICAN FINANCING CORPORATION 1 5.25% $6,869
    American Mortgage & Equity Consultants, Inc. 1 6.25% $8,837
    American Security Mortgage Corp. 1 6.13% $6,001
    AmeriHome Mortgage Company, LLC 1 6.63% $6,260
    BM Real Estate Services, Inc. 1 7.75% $53
    BNC National Bank 1 5.25% $10,047
    Capital Bank 1 6.63% $5,771
    Century Mortgage Company DBA Century Lending Company 1 6.63% $5,612
    Citizens Bank 1 6.25% $6,565
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.63% $21,995
    DIRECT MORTGAGE LOANS, LLC 1 6.63% $20,470
    Equity Prime Mortgage LLC 1 7.38% $585
    FIDELITY DIRECT MORTGAGE, LLC 1 6.75% $14,526
    First Federal Bank 1 6.75% $3,899
    Flagstar Bank, FSB 1 6.61% $2,443
    Gateway First Bank 1 7.75% $11,465
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.50% $8,825
    Ixonia Bank 1 6.63% $17,026
    JPMorgan Chase Bank 1 7.25% $500
    LAKEVIEW LOAN SERVICING, LLC 1 5.75% $14,336
    MDE Home Loans, LLC 1 6.63% $0
    MORTGAGE FINANCIAL GROUP, INC. 1 6.75% $2,490
    North American Savings Bank, F.S.B. 1 5.75% $12,216
    Northpointe Bank 1 6.13% $8,173
    NP, Inc. 1 6.75% $3,735
    ONY GLO, INC. 1 6.99% $7,262
    Paramount Residential Mortgage Group, Inc. 1 6.63% $8,458
    PREMIER LENDING, INC. 1 6.88% $14,513
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $516
    RADIUS FINANCIAL GROUP INC. 1 7.25% $9,979
    Renasant Bank 1 5.75% $4,992
    Strong Home Mortgage, LLC 1 5.75% $3,003
    SUN WEST MORTGAGE COMPANY, INC. 1 7.13% $10,455
    T2 FINANCIAL LLC 1 6.50% $18,032
    The Central Trust Bank 1 5.75% $5,622
    Towne Mortgage of the Carolinas, LLC 1 7.75% $7,134
    Victorian Finance, LLC 1 6.38% $8,163
    ABSOLUTE HOME MORTGAGE CORPORATION 1 7.75% $7,564

    The top Winston VA lender as defined by loan originations is Mortgage Research Center, LLC, with 153 VA loans originated. Their average total fees are $5,935, which is $3,699 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Winston VA lenders (with over 10 loans originated) are VANDERBILT MORTGAGE AND FINANCE, INC. ($1,388), Wells Fargo Bank ($2,932), DHI MORTGAGE COMPANY, LTD. ($5,293), NAVY FEDERAL CREDIT UNION ($5,483) and INSPIRE HOME LOANS INC. ($5,701).

    The lowest rate Winston VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.36%), Wells Fargo Bank (5.44%), PENNYMAC LOAN SERVICES, LLC (5.60%), VANDERBILT MORTGAGE AND FINANCE, INC. (5.94%) and NAVY FEDERAL CREDIT UNION (5.94%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Winston (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 $204,150 (10.4%) $301,976 (14.5%) 0.76 2,077
    2018-02-01 $218,675 (17.1%) $312,575 (16.4%) 0.79 2,037
    2018-03-01 $228,118 (18.2%) $314,482 (13.3%) 0.80 2,107
    2018-04-01 $233,009 (17.2%) $318,006 (11.9%) 0.79 2,161
    2018-05-01 $239,371 (18.9%) $319,988 (11.1%) 0.80 2,233
    2018-06-01 $240,000 (18.9%) $319,048 (10.8%) 0.80 2,275
    2018-07-01 $243,950 (19.3%) $316,025 (7.5%) 0.81 2,351
    2018-08-01 $238,923 (19.5%) $305,813 (3.5%) 0.80 2,154
    2018-09-01 $239,000 (19.6%) $305,604 (4.3%) 0.80 2,179
    2018-10-01 $239,900 (17.9%) $304,662 (1.8%) 0.81 2,167
    2018-11-01 $232,400 (12.0%) $298,707 (-1.0%) 0.79 2,106
    2018-12-01 $229,900 (15.0%) $297,079 (-0.3%) 0.79 1,893
    2019-01-01 $234,675 (15.0%) $300,636 (-0.4%) 0.81 1,764
    2019-02-01 $242,388 (10.8%) $311,068 (-0.5%) 0.82 1,699
    2019-03-01 $255,471 (12.0%) $322,223 (2.5%) 0.84 1,755
    2019-04-01 $267,925 (15.0%) $333,713 (4.9%) 0.85 1,794
    2019-05-01 $273,575 (14.3%) $338,795 (5.9%) 0.86 1,857
    2019-06-01 $274,950 (14.6%) $343,709 (7.7%) 0.86 1,866
    2019-07-01 $275,000 (12.7%) $345,713 (9.4%) 0.86 1,842
    2019-08-01 $276,847 (15.9%) $345,395 (12.9%) 0.88 1,861
    2019-09-01 $274,368 (14.8%) $344,980 (12.9%) 0.88 1,896
    2019-10-01 $273,995 (14.2%) $347,574 (14.1%) 0.89 1,899
    2019-11-01 $274,900 (18.3%) $349,355 (17.0%) 0.90 1,784
    2019-12-01 $269,975 (17.4%) $346,568 (16.7%) 0.90 1,624
    2020-01-01 $269,950 (15.0%) $348,326 (15.9%) 0.90 1,526
    2020-02-01 $289,990 (19.6%) $368,791 (18.6%) 0.95 1,418
    2020-03-01 $288,700 (13.0%) $366,790 (13.8%) 0.90 1,440
    2020-04-01 $284,088 (6.0%) $365,844 (9.6%) 0.89 1,522
    2020-05-01 $299,900 (9.6%) $381,822 (12.7%) 0.91 1,369
    2020-06-01 $301,359 (9.6%) $391,121 (13.8%) 0.89 1,237
    2020-07-01 $309,725 (12.6%) $399,352 (15.5%) 0.90 1,117
    2020-08-01 $304,280 (9.9%) $387,272 (12.1%) 0.87 1,060
    2020-09-01 $299,600 (9.2%) $371,642 (7.7%) 0.86 1,085
    2020-10-01 $299,900 (9.5%) $376,131 (8.2%) 0.86 1,065
    2020-11-01 $279,900 (1.8%) $353,083 (1.1%) 0.82 981
    2020-12-01 $269,499 (-0.2%) $353,112 (1.9%) 0.80 891
    2021-01-01 $272,990 (1.1%) $351,659 (1.0%) 0.81 785
    2021-02-01 $280,285 (-3.4%) $362,995 (-1.6%) 0.82 682
    2021-03-01 $283,530 (-1.8%) $380,758 (3.8%) 0.80 653
    2021-04-01 $277,983 (-2.2%) $376,938 (3.0%) 0.75 643
    2021-05-01 $265,000 (-11.6%) $355,750 (-6.8%) 0.70 656
    2021-06-01 $267,450 (-11.3%) $354,636 (-9.3%) 0.70 727
    2021-07-01 $274,317 (-11.4%) $350,350 (-12.3%) 0.72 772
    2021-08-01 $267,400 (-12.1%) $341,592 (-11.8%) 0.71 819
    2021-09-01 $267,400 (-10.8%) $340,841 (-8.3%) 0.71 887
    2021-10-01 $269,900 (-10.0%) $346,196 (-8.0%) 0.72 891
    2021-11-01 $275,975 (-1.4%) $346,101 (-2.0%) 0.74 832
    2021-12-01 $269,900 (0.2%) $341,611 (-3.3%) 0.73 696
    2022-01-01 $290,609 (6.5%) $368,825 (4.9%) 0.78 571
    2022-02-01 $292,375 (4.3%) $373,307 (2.8%) 0.76 529
    2022-03-01 $287,450 (1.4%) $367,309 (-3.5%) 0.72 568
    2022-04-01 $299,900 (7.9%) $372,589 (-1.2%) 0.71 603
    2022-05-01 $304,498 (14.9%) $375,700 (5.6%) 0.69 763
    2022-06-01 $317,475 (18.7%) $382,704 (7.9%) 0.71 839
    2022-07-01 $320,995 (17.0%) $380,322 (8.6%) 0.72 940
    2022-08-01 $320,493 (19.9%) $368,682 (7.9%) 0.74 1,017
    2022-09-01 $315,000 (17.8%) $368,033 (8.0%) 0.74 1,012
    2022-10-01 $319,995 (18.6%) $374,137 (8.1%) 0.75 1,091
    2022-11-01 $319,950 (15.9%) $374,161 (8.1%) 0.77 1,088
    2022-12-01 $319,997 (18.6%) $378,179 (10.7%) 0.79 1,038
    2023-01-01 $325,000 (11.8%) $379,661 (2.9%) 0.81 972
    2023-02-01 $329,764 (12.8%) $383,441 (2.7%) 0.80 963
    2023-03-01 $332,882 (15.8%) $383,835 (4.5%) 0.79 907
    2023-04-01 $339,900 (13.3%) $401,600 (7.8%) 0.79 901
    2023-05-01 $345,983 (13.6%) $407,131 (8.4%) 0.78 874
    2023-06-01 $341,017 (7.4%) $420,368 (9.8%) 0.77 889
    2023-07-01 $340,000 (5.9%) $429,776 (13.0%) 0.77 895
    2023-08-01 $339,910 (6.1%) $427,871 (16.1%) 0.78 962
    2023-09-01 $331,508 (5.2%) $415,641 (12.9%) 0.77 1,044
    2023-10-01 $335,000 (4.7%) $413,538 (10.5%) 0.79 1,100
    2023-11-01 $334,975 (4.7%) $405,738 (8.4%) 0.80 1,181
    2023-12-01 $330,000 (3.1%) $397,833 (5.2%) 0.80 1,182
    2024-01-01 $335,000 (3.1%) $398,993 (5.1%) 0.82 1,085
    2024-02-01 $328,750 (-0.3%) $394,607 (2.9%) 0.79 1,070
    2024-03-01 $334,900 (0.6%) $408,099 (6.3%) 0.79 1,103
    2024-04-01 $337,450 (-0.7%) $416,685 (3.8%) 0.78 1,146
    2024-05-01 $354,511 (2.5%) $428,674 (5.3%) 0.81 1,168
    2024-06-01 $357,392 (4.8%) $419,349 (-0.2%) 0.82 1,214
    2024-07-01 $349,950 (2.9%) $420,582 (-2.1%) 0.80 1,304
    2024-08-01 $349,900 (2.9%) $421,277 (-1.5%) 0.81 1,347
    2024-09-01 $348,700 (5.2%) $419,334 (0.9%) 0.82 1,456
    2024-10-01 $347,575 (3.8%) $416,402 (0.7%) 0.82 1,502
    2024-11-01 $335,000 (0.0%) $416,250 (2.6%) 0.80 1,593
    2024-12-01 $335,950 (1.8%) $418,473 (5.2%) 0.83 1,495
    2025-01-01 $335,000 (0.0%) $424,900 (6.5%) 0.00 1,375
    Winston's median listing price for 2025-01-01 was $335,000, a difference of $0 (0.0%) versus the prior year and $-950 versus the prior month.

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

    Winston's average listing price for 2025-01-01 was $424,900, a difference of $25,907 (6.5%) versus the prior year and $6,427 versus the prior month.

    For the 2025-01-01 period, Winston had 1,375 MLS listings, a difference of -120 listings (-8%) versus the prior month and 290 listings (27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Winston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 92 days 2,115 sqft
    2018-02-01 86 days 2,112 sqft
    2018-03-01 60 days 2,141 sqft
    2018-04-01 59 days 2,168 sqft
    2018-05-01 58 days 2,200 sqft
    2018-06-01 58 days 2,222 sqft
    2018-07-01 66 days 2,248 sqft
    2018-08-01 65 days 2,214 sqft
    2018-09-01 65 days 2,208 sqft
    2018-10-01 70 days 2,174 sqft
    2018-11-01 75 days 2,106 sqft
    2018-12-01 85 days 2,077 sqft
    2019-01-01 94 days 2,082 sqft
    2019-02-01 92 days 2,134 sqft
    2019-03-01 71 days 2,228 sqft
    2019-04-01 54 days 2,319 sqft
    2019-05-01 52 days 2,338 sqft
    2019-06-01 58 days 2,352 sqft
    2019-07-01 64 days 2,377 sqft
    2019-08-01 64 days 2,380 sqft
    2019-09-01 61 days 2,340 sqft
    2019-10-01 59 days 2,338 sqft
    2019-11-01 65 days 2,334 sqft
    2019-12-01 76 days 2,300 sqft
    2020-01-01 80 days 2,282 sqft
    2020-02-01 79 days 2,362 sqft
    2020-03-01 52 days 2,385 sqft
    2020-04-01 50 days 2,327 sqft
    2020-05-01 64 days 2,433 sqft
    2020-06-01 69 days 2,413 sqft
    2020-07-01 57 days 2,483 sqft
    2020-08-01 51 days 2,431 sqft
    2020-09-01 41 days 2,334 sqft
    2020-10-01 46 days 2,341 sqft
    2020-11-01 63 days 2,218 sqft
    2020-12-01 79 days 2,109 sqft
    2021-01-01 78 days 2,110 sqft
    2021-02-01 73 days 2,099 sqft
    2021-03-01 45 days 2,109 sqft
    2021-04-01 45 days 2,065 sqft
    2021-05-01 51 days 1,975 sqft
    2021-06-01 44 days 1,942 sqft
    2021-07-01 46 days 1,927 sqft
    2021-08-01 37 days 1,908 sqft
    2021-09-01 36 days 1,903 sqft
    2021-10-01 38 days 1,908 sqft
    2021-11-01 45 days 1,925 sqft
    2021-12-01 52 days 1,860 sqft
    2022-01-01 57 days 1,953 sqft
    2022-02-01 48 days 1,987 sqft
    2022-03-01 32 days 1,935 sqft
    2022-04-01 35 days 2,002 sqft
    2022-05-01 35 days 2,030 sqft
    2022-06-01 37 days 2,056 sqft
    2022-07-01 39 days 2,065 sqft
    2022-08-01 43 days 2,051 sqft
    2022-09-01 45 days 2,027 sqft
    2022-10-01 44 days 2,100 sqft
    2022-11-01 51 days 2,083 sqft
    2022-12-01 58 days 2,123 sqft
    2023-01-01 63 days 2,107 sqft
    2023-02-01 48 days 2,092 sqft
    2023-03-01 45 days 2,062 sqft
    2023-04-01 40 days 2,036 sqft
    2023-05-01 46 days 2,080 sqft
    2023-06-01 44 days 2,074 sqft
    2023-07-01 43 days 2,031 sqft
    2023-08-01 42 days 2,014 sqft
    2023-09-01 42 days 1,964 sqft
    2023-10-01 42 days 1,997 sqft
    2023-11-01 44 days 1,915 sqft
    2023-12-01 51 days 1,836 sqft
    2024-01-01 60 days 1,847 sqft
    2024-02-01 48 days 1,796 sqft
    2024-03-01 44 days 1,774 sqft
    2024-04-01 43 days 1,871 sqft
    2024-05-01 41 days 1,908 sqft
    2024-06-01 42 days 1,961 sqft
    2024-07-01 46 days 1,911 sqft
    2024-08-01 47 days 1,795 sqft
    2024-09-01 48 days 1,774 sqft
    2024-10-01 49 days 1,767 sqft
    2024-11-01 52 days 1,764 sqft
    2024-12-01 60 days 1,675 sqft
    2025-01-01 0 days 1,611 sqft
    Winston's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Winston's median square footage for active listings during the 2025-01-01 period was 1,611 sqft. One year prior, the average listing was 1,847 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.