South Carolina VA Loan Rates, Closing Costs & Stats

South Carolina

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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.

    South Carolina VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in South Carolina averaged 6.03% for the week of 2025-03-14, compared to the national average (all VA variants) of 6.169% for the same period.

    South Carolina's average VA mortgage closing costs are $6,146.

    The average rate for the prior week (2025-03-07) was 6.28% and one month ago for the week of 2025-02-07, the average rate was 6.63%.

    The average rate one year ago was 6.32%.

    For refis of the same type during the week of 2025-03-14, the average rate was 6.74%.

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

    South Carolina 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 South Carolina level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 1,508 6.72% $6,945
    DHI MORTGAGE COMPANY, LTD. 862 5.31% $7,247
    UNITED WHOLESALE MORTGAGE, LLC 661 6.33% $9,132
    QUICKEN LOANS, LLC 648 6.10% $11,627
    NAVY FEDERAL CREDIT UNION 596 5.80% $6,663
    MOVEMENT MORTGAGE, LLC 488 6.38% $8,027
    EAGLE HOME MORTGAGE, LLC 339 5.86% $6,697
    FREEDOM MORTGAGE CORPORATION 299 6.56% $14,012
    LOANDEPOT.COM, LLC 261 5.94% $11,102
    FBC MORTGAGE, LLC 256 5.70% $7,419
    GUILD MORTGAGE COMPANY 245 6.41% $9,741
    USAA Federal Savings Bank 238 6.19% $9,056
    Ameris Bank 235 6.23% $9,893
    CROSSCOUNTRY MORTGAGE, LLC 233 6.66% $8,442
    First Heritage Mortgage, LLC 198 6.41% $12,150
    NEW DAY FINANCIAL, LLC 197 7.40% $12,842
    PENNYMAC LOAN SERVICES, LLC 185 5.59% $9,326
    VANDERBILT MORTGAGE AND FINANCE, INC. 162 6.07% $6,972
    NVR Mortgage Finance, Inc. 158 5.53% $6,271
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 152 6.59% $8,073
    GUARANTEED RATE, INC. 135 6.28% $7,977
    CARDINAL FINANCIAL 132 6.62% $13,789
    GUARANTEED RATE AFFINITY, LLC 125 6.50% $7,518
    PRIMELENDING, A PLAINSCAPITAL COMPANY 121 6.37% $6,760
    Mr. Cooper ( Nationstar Mortgage ) 110 6.08% $13,361
    BROKER SOLUTIONS, INC. 109 6.36% $10,029
    MORTGAGE SOLUTIONS OF COLORADO, LLC 108 7.63% $4,270
    AMERICAN PACIFIC MORTGAGE CORPORATION 102 6.49% $12,932
    PULTE MORTGAGE LLC 101 6.04% $7,641
    CMG MORTGAGE, INC. 98 6.47% $9,288
    The Federal Savings Bank 96 6.31% $16,286
    Gateway First Bank 88 6.37% $8,239
    NTFN, INC. 85 6.35% $9,325
    VILLAGE CAPITAL MORTGAGE 83 6.17% $10,564
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 82 6.42% $10,133
    NEWREZ LLC 76 6.50% $10,020
    CORNERSTONE HOME LENDING, INC. 74 6.10% $6,659
    RESOURCE FINANCIAL SERVICES, INC. 72 6.77% $8,559
    PENTAGON FEDERAL CREDIT UNION 71 5.55% $7,304
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 65 6.49% $9,145
    Wells Fargo Bank 59 5.74% $6,786
    VELOCIO MORTGAGE L.L.C. 58 5.54% $8,064
    Equity Prime Mortgage LLC 56 7.01% $8,460
    UNION HOME MORTGAGE CORP. 55 6.71% $11,469
    MUTUAL OF OMAHA MORTGAGE, INC. 47 6.42% $13,564
    Renasant Bank 47 6.26% $7,157
    CAROLINA ONE MORTGAGE, LLC 45 6.37% $11,446
    Trustmark National Bank 43 6.61% $7,593
    Barrington Bank & Trust Company, N.A. 43 6.58% $10,797
    Prosperity Home Mortgage, LLC 40 6.08% $9,812
    Flagstar Bank, FSB 39 6.62% $9,029
    Truist 38 6.23% $6,366
    ACOPIA, LLC 38 6.44% $5,593
    American Security Mortgage Corp. 37 6.19% $8,805
    AMERISAVE MORTGAGE CORPORATION 36 5.84% $15,772
    HOMESIDE FINANCIAL, LLC 35 6.88% $9,948
    South State Bank 34 6.11% $8,722
    NBKC BANK 34 5.86% $9,834
    INTERLINC MORTGAGE SERVICES, LLC 33 6.42% $8,697
    First Palmetto Bank 33 6.58% $7,622
    MIDLAND MORTGAGE CORPORATION 32 6.35% $7,092
    INSPIRE HOME LOANS INC. 32 5.82% $5,272
    INTERCOASTAL MORTGAGE COMPANY 32 6.58% $7,140
    RELIANCE FIRST CAPITAL, LLC 32 6.67% $10,400
    Mid-Continent Funding, Inc. 31 6.52% $9,677
    Assurance Financial Group, L.L.C. 31 6.46% $8,607
    Sierra Pacific Mortgage Company, Inc. 30 6.14% $8,847
    Magnolia Bank 30 6.22% $12,864
    Plains Commerce Bank 30 6.10% $11,012
    Paramount Residential Mortgage Group, Inc. 29 6.55% $9,228
    First Federal Bank 29 6.28% $8,670
    CALCON MUTUAL MORTGAGE LLC 28 6.70% $13,286
    AMERICAN FINANCIAL NETWORK, INC. 27 6.64% $8,634
    Nations Lending Corporation 26 6.41% $9,935
    DELMAR FINANCIAL COMPANY 26 6.79% $7,631
    THRIVE MORTGAGE, LLC 26 6.65% $7,645
    ON Q FINANCIAL, INC. 25 6.51% $7,781
    JET HOMELOANS, LLC 25 6.38% $8,721
    PLAZA HOME MORTGAGE, INC. 25 6.43% $11,955
    SUN WEST MORTGAGE COMPANY, INC. 25 6.46% $9,239
    Princeton Mortgage Corporation 23 6.51% $11,170
    American Mortgage & Equity Consultants, Inc. 23 6.46% $6,185
    Network Funding, L.P. 22 6.40% $13,892
    Neighborhood Loans, Inc. 22 6.78% $8,683
    LAKEVIEW LOAN SERVICING, LLC 21 6.23% $13,286
    Atlantic Coast Mortgage, LLC 21 6.62% $10,130
    VERITAS FUNDING, LLC 20 6.36% $22,092
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 20 6.98% $7,319
    FIRST HOME MORTGAGE CORPORATION 19 6.63% $9,548
    MORTGAGE EQUITY PARTNERS LLC 19 6.40% $13,912
    PLANET HOME LENDING, LLC 19 5.91% $6,926
    GSF Mortgage Corporation 19 6.17% $8,900
    TIDEWATER MORTGAGE SERVICES, INC. 18 6.40% $13,950
    CHURCHILL MORTGAGE CORPORATION 18 6.60% $9,486
    Regions Bank 18 6.13% $7,765
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 17 6.38% $9,435
    First Reliance Bank 17 6.47% $8,790
    First-Citizens Bank & Trust Company 17 6.01% $7,849
    Towne Bank 17 6.01% $15,255
    NFM, INC. 16 6.39% $14,400
    DIRECT MORTGAGE LOANS, LLC 16 6.91% $13,055
    BANKSOUTH MORTGAGE COMPANY, LLC 16 5.58% $8,919
    T2 FINANCIAL LLC 15 6.66% $8,216
    Fifth Third Bank 15 6.47% $7,883
    Alcova Mortgage LLC 14 7.16% $9,049
    TOWNE MORTGAGE COMPANY 14 6.41% $11,534
    MORTGAGEONE, INC. 14 7.23% $6,961
    BAY EQUITY LLC 13 6.49% $12,168
    MICHIGAN MUTUAL, INC. 13 5.57% $11,348
    LEGEND LENDING CORPORATION 13 6.92% $15,616
    Synovus Bank 13 6.25% $5,337
    NATION ONE MORTGAGE CORPORATION 12 7.55% $7,883
    SeaTrust Mortgage Company 12 6.22% $10,726
    TBI MORTGAGE COMPANY 12 6.01% $9,635
    Century Mortgage Company DBA Century Lending Company 12 6.45% $8,488
    ACADEMY MORTGAGE CORPORATION 11 7.16% $13,203
    LOANPAL, LLC 11 5.92% $10,042
    MID AMERICA MORTGAGE, INC. 11 6.92% $16,090
    GENEVA FINANCIAL, LLC 11 6.81% $9,334
    CONTOUR MORTGAGE CORPORATION 11 6.41% $12,728
    HOMEOWNERS FINANCIAL GROUP USA, LLC 11 6.84% $8,122
    HOMEBRIDGE FINANCIAL SERVICES, INC. 10 5.96% $11,466
    Armed Forces Bank 10 6.24% $8,742
    TJC Mortgage, Inc. 9 5.96% $11,206
    PREMIA MORTGAGE, LLC 9 5.93% $4,894
    MILEND, INC. 9 6.64% $14,355
    PRIMARY RESIDENTIAL MORTGAGE, INC. 9 6.49% $5,690
    SUMMIT FUNDING, INC. 9 6.49% $12,200
    Strong Home Mortgage, LLC 8 5.47% $6,377
    EQUITY RESOURCES, INC. 8 6.25% $8,159
    Southern First Bank 8 6.64% $7,633
    Northpointe Bank 8 5.95% $7,884
    ROYAL UNITED MORTGAGE LLC 8 6.72% $15,350
    U.S. Bank 8 6.26% $8,365
    Carrington Mortgage Services, LLC 8 5.84% $4,685
    DAS Acquisition Company, LLC 8 6.97% $9,241
    EMBRACE HOME LOANS, INC. 7 6.14% $9,087
    CRESCENT MORTGAGE COMPANY 7 6.41% $4,309
    South Pacific Financial Corporation 7 6.13% $4,375
    HOWARD HANNA FINANCIAL SERVICES, INC. 7 6.64% $7,711
    CITY FIRST MORTGAGE SERVICES, L.L.C. 7 6.61% $7,786
    Queensborough National Bank & Trust Company 7 6.39% $7,540
    Blue Ridge Bank 6 6.54% $14,673
    US MORTGAGE CORPORATION 6 6.15% $11,389
    Credence Funding Corporation 6 6.25% $4,595
    JPMorgan Chase Bank 6 5.96% $8,741
    Encompass Lending Group, LP 6 6.17% $10,620
    HALLMARK HOME MORTGAGE, LLC 6 6.48% $13,116
    Countybank 6 6.98% $7,006
    SOVEREIGN LENDING GROUP INCORPORATED 6 6.08% $14,091
    The Bank of South Carolina 6 5.94% $11,374
    Lakeview Community Capital, LLC 6 6.27% $11,308
    EMM LOANS LLC 6 5.83% $14,882
    HOMESTAR FINANCIAL CORPORATION 6 6.75% $7,902
    RAPID MORTGAGE COMPANY 5 6.38% $15,438
    First Community Bank 5 6.65% $8,108
    FIRST COMMUNITY MORTGAGE, INC. 5 6.28% $11,084
    TOP FLITE FINANCIAL, INC. 5 6.68% $14,919
    AMERICAN FINANCIAL RESOURCES, INC. 5 6.88% $7,686
    AMERICAN FINANCING CORPORATION 5 6.15% $12,577
    SOUTHWEST STAGE FUNDING, LLC 5 6.98% $191
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 5 6.72% $2,937
    LADERA LENDING, INC. 5 6.63% $25,895
    CALIBER HOME LOANS, INC. 5 6.15% $12,290
    BNC National Bank 5 5.58% $7,793
    Bank of England 5 6.43% $9,951
    SHELTER LENDING SERVICES, L.L.C. 4 6.13% $6,714
    Old National Bank 4 5.59% $8,973
    ZILLOW HOME LOANS, LLC 4 6.50% $7,022
    MORTGAGE ACCESS CORP. 4 6.19% $9,710
    United Bank 4 5.88% $9,272
    LEADERONE FINANCIAL CORPORATION 4 6.69% $8,981
    CBM Mortgage, Inc. 4 6.53% $12,586
    AUGUSTA MORTGAGE CO. 4 6.88% $9,102
    Citizens Bank 4 5.59% $7,120
    PNC Bank 4 6.94% $16,329
    STOCKTON MORTGAGE CORPORATION 4 7.09% $7,507
    ALLIED MORTGAGE GROUP, INC. 4 6.94% $10,061
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 4 7.41% $7,344
    PHH Mortgage Corporation 4 6.00% $11,337
    North American Savings Bank, F.S.B. 4 6.09% $9,277
    The Central Trust Bank 4 5.59% $9,078
    Security Federal Bank 4 6.31% $3,220
    ServisFirst Bank 4 6.06% $8,394
    SOUTHPOINT FINANCIAL SERVICES, INC. 3 7.54% $9,620
    Colony Bank 3 6.33% $8,348
    The Loan Store, Inc. 3 7.00% $8,556
    Capital Bank 3 6.25% $6,925
    PREMIER LENDING, INC. 3 6.46% $21,453
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 6.92% $7,761
    ROSS MORTGAGE CORPORATION 3 6.42% $8,845
    Presidential Bank, FSB 3 6.04% $4,265
    United Community Bank 3 5.96% $9,867
    Palmetto Citizens Federal Credit Union 3 6.29% $8,710
    NEW FED MORTGAGE, CORP. 3 6.75% $6,667
    Allen Tate Mortgage Partners, LLC 3 5.75% $8,595
    KELLER MORTGAGE, LLC 3 5.42% $7,642
    SOUTHERN TRUST MORTGAGE, LLC 3 6.25% $9,747
    EVERETT FINANCIAL, INC. 3 6.54% $11,220
    Bank of America 3 6.25% $4,857
    DRAPER AND KRAMER MORTGAGE CORP. 3 6.16% $8,445
    M&T Bank 3 6.08% $8,407
    Meridian Bank Corporation 3 6.21% $9,000
    TD Bank 2 6.00% $2,778
    ALAMEDA MORTGAGE CORPORATION 2 6.50% $9,568
    AMCAP MORTGAGE, LTD. 2 6.37% $10,648
    BancorpSouth 2 6.06% $7,925
    BAYSHORE MORTGAGE FUNDING, LLC 2 7.25% $24,239
    CAPITAL CENTER, L.L.C. 2 6.63% $6,692
    Citibank 2 5.88% $8,986
    FIDELITY DIRECT MORTGAGE, LLC 2 6.94% $11,143
    First Horizon Bank 2 6.63% $3,660
    First Option Mortgage, LLC 2 6.75% $8,829
    First Western Trust Bank 2 5.69% $8,477
    GARDNER FINANCIAL SERVICES, LTD. 2 7.25% $17,261
    George Mason Mortgage, LLC 2 6.31% $8,473
    GMFS LLC 2 5.50% $8,579
    Goldwater Bank, N.A. 2 6.50% $13,232
    Integrity Home Mortgage Corp 2 5.88% $5,100
    KeyBank 2 6.19% $5,652
    Leader Bank 2 5.75% $7,093
    Mortgage Assurance Inc. 2 5.75% $8,418
    Mortgage Lenders Investment Trading Corporation 2 7.25% $15,154
    NATIONS DIRECT MORTGAGE, LLC 2 6.75% $13,270
    NETWORK CAPITAL FUNDING CORPORATION 2 5.44% $5,015
    NORWICH COMMERCIAL GROUP, INC. 2 6.69% $4,558
    Pinnacle Bank 2 6.63% $11,433
    RADIUS FINANCIAL GROUP INC. 2 7.38% $9,516
    Residential Mortgage Solutions, Inc. 2 6.88% $7,915
    Service Federal Credit Union 2 6.13% $6,236
    Shamrock Home Loans, Inc. 2 5.56% $6,809
    SIRVA MORTGAGE, INC. 2 5.75% $7,509
    SWBC MORTGAGE CORPORATION 2 6.75% $5,837
    1ST SIGNATURE LENDING, LLC 2 6.81% $8,244
    UNIVERSAL MORTGAGE & FINANCE, INC. 2 5.63% $19,547
    Victorian Finance, LLC 2 6.75% $5,683
    Waterstone Mortgage Corporation 2 6.88% $10,397
    NORTHPOINT MORTGAGE, INC. 1 7.13% $4,603
    NBH Bank 1 6.49% $6,810
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.25% $16,199
    RESIDENTIAL HOME FUNDING CORP. 1 7.63% $1,581
    Vellum Mortgage, Inc. 1 5.75% $7,091
    MORTGAGE INVESTORS GROUP, INC. 1 7.13% $10,369
    MLD MORTGAGE INC. 1 6.88% $3,732
    MID-ISLAND MORTGAGE CORP. 1 6.25% $18,851
    Sandy Spring Bank 1 7.00% $10,744
    MDE Home Loans, LLC 1 5.63% $1,590
    MCLEAN MORTGAGE CORPORATION 1 5.38% $0
    SECURITYNATIONAL MORTGAGE COMPANY 1 7.25% $7,457
    SENTE MORTGAGE, INC. 1 7.13% $7,667
    AmeriHome Mortgage Company, LLC 1 6.99% $14,944
    MATTAMY HOME FUNDING, LLC 1 5.63% $13,572
    AMERICAN INTERNET MORTGAGE, INC. 1 5.13% $12,035
    MANN FINANCIAL INC. 1 6.63% $8,100
    LENOX FINANCIAL MORTGAGE CORPORATION 1 6.13% $10,278
    Wyndham Capital Mortgage, Inc. 1 5.63% $5,479
    Keystone Funding, Inc. 1 7.00% $5,700
    INTERNATIONAL CITY MORTGAGE, INC. 1 4.88% $10,932
    HOMESTEAD FUNDING CORP. 1 5.75% $1,583
    HOMESPIRE MORTGAGE CORPORATION 1 6.63% $8,241
    HANSCOM 1 6.50% $3,717
    GUARANTY HOME MORTGAGE CORPORATION 1 6.00% $7,967
    GoPrime Mortgage, Inc. 1 6.38% $6,501
    SRP Federal Credit Union 1 6.13% $21,803
    Florida Capital Bank 1 6.75% $12,072
    First Savings Bank 1 6.25% $3,537
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.99% $6,837
    First National Bank of Pennsylvania 1 6.00% $17,069
    Sunflower Bank 1 6.63% $27,786
    FIRST HERITAGE FINANCIAL, LLC 1 6.75% $19,392
    Alerus Financial 1 6.25% $2,682
    First Federal Bank of the Midwest 1 5.63% $10,941
    First Federal Bank, A FSB 1 5.75% $0
    FIRST COLONY MORTGAGE CORPORATION 1 6.63% $4,016
    Academy Bank 1 5.13% $10,360
    FIRST CHOICE MORTGAGE, INC. 1 7.75% $16,674
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 8.25% $19,546
    FIDELITY BANK 1 6.25% $15,968
    The Huntington National Bank 1 5.50% $9,234
    FCB Banks 1 6.25% $11,259
    Farmers Bank & Trust 1 5.75% $12,439
    East Coast Capital Corp. 1 5.63% $18,262
    DIRECT MORTGAGE, CORP. 1 5.63% $21,563
    DATA MORTGAGE, INC. 1 6.63% $12,428
    Community First National Bank 1 6.75% $4,307
    Colonial Savings, F.A. 1 6.50% $6,338
    TruHome Solutions, LLC 1 5.88% $5,407
    CityWorth Mortgage LLC 1 5.63% $5,427
    Truliant Federal Credit Union 1 6.75% $10,013
    C & F Mortgage Corporation 1 6.63% $4,790
    UMB Bank 1 7.13% $5,719
    Centennial Bank 1 6.25% $7,452
    Union Savings Bank 1 5.25% $5,627
    UNITED 1 6.75% $9,255
    Capital City Home Loans, LLC 1 5.75% $9,407
    BM Real Estate Services, Inc. 1 6.75% $165
    Bank of Tennessee 1 5.75% $7,497
    Advisors Mortgage Group, L.L.C. 1 5.63% $12,990
    University Bank 1 6.13% $6,496
    Aurora Financial, LLC 1 5.25% $2,375
    Arvest Bank 1 6.00% $6,875
    Arbor Bank 1 6.75% $5,022
    Uwharrie Bank 1 6.75% $2,225
    AMERITRUST MORTGAGE CORPORATION 1 7.50% $10,347
    POLARIS HOME FUNDING CORP. 1 7.13% $13,870
    PLUS RELOCATION MORTGAGE, LLC 1 7.25% $8,416
    Platinum Home Mortgage Corporation 1 6.00% $10,070
    Paramount Bank 1 5.75% $9,496
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.13% $18,757
    Pacific Lending LLC 1 7.50% $10,672
    OPEN MORTGAGE, LLC 1 6.13% $6,682
    OCMBC, INC. 1 6.25% $7,672
    VAN DYK MORTGAGE CORPORATION 1 7.00% $12,628
    OCEANSIDE MORTGAGE COMPANY 1 5.38% $4,669

    The top South Carolina VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,508 VA loans originated. Their average total fees are $6,945, which is $302 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee South Carolina VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,270), INSPIRE HOME LOANS INC. ($5,272), Synovus Bank ($5,337), ACOPIA, LLC ($5,593) and American Mortgage & Equity Consultants, Inc. ($6,185).

    The lowest rate South Carolina VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.31%), NVR Mortgage Finance, Inc. (5.53%), VELOCIO MORTGAGE L.L.C. (5.54%), PENTAGON FEDERAL CREDIT UNION (5.55%) and MICHIGAN MUTUAL, INC. (5.57%).

    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.