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 6.44% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    South Carolina's average VA mortgage closing costs are $6,370.

    The average rate for the prior week (2025-03-28) was 6.66% and one month ago for the week of 2025-02-28, the average rate was 6.24%.

    The average rate one year ago was 6.45%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.94%.

    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 1,963 6.40% $6,156
    UNITED WHOLESALE MORTGAGE, LLC 1,365 5.92% $8,021
    QUICKEN LOANS, LLC 826 5.99% $10,536
    DHI MORTGAGE COMPANY, LTD. 793 5.07% $7,508
    FREEDOM MORTGAGE CORPORATION 748 6.18% $8,228
    NAVY FEDERAL CREDIT UNION 538 5.88% $6,049
    MOVEMENT MORTGAGE, LLC 469 6.27% $8,912
    EAGLE HOME MORTGAGE, LLC 367 5.99% $5,524
    VANDERBILT MORTGAGE AND FINANCE, INC. 301 5.86% $6,340
    PENNYMAC LOAN SERVICES, LLC 289 5.67% $8,366
    GUILD MORTGAGE COMPANY 289 6.31% $9,228
    FBC MORTGAGE, LLC 273 5.44% $5,649
    NEW DAY FINANCIAL, LLC 273 7.54% $12,179
    First Heritage Mortgage, LLC 260 6.14% $10,923
    LOANDEPOT.COM, LLC 257 5.84% $10,572
    VILLAGE CAPITAL MORTGAGE 250 5.74% $7,585
    CROSSCOUNTRY MORTGAGE, LLC 245 6.40% $8,039
    USAA Federal Savings Bank 224 6.24% $7,901
    NEWREZ LLC 221 6.13% $7,478
    GUARANTEED RATE, INC. 193 6.09% $6,260
    Ameris Bank 182 6.17% $8,988
    RESOURCE FINANCIAL SERVICES, INC. 173 6.41% $8,253
    MORTGAGE SOLUTIONS OF COLORADO, LLC 146 7.10% $4,386
    PULTE MORTGAGE LLC 144 5.55% $6,486
    NVR Mortgage Finance, Inc. 139 5.94% $4,984
    CMG MORTGAGE, INC. 133 6.20% $10,330
    PRIMELENDING, A PLAINSCAPITAL COMPANY 132 6.24% $7,425
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 123 6.49% $8,363
    HOMESIDE FINANCIAL, LLC 120 6.52% $10,370
    BROKER SOLUTIONS, INC. 110 6.39% $10,252
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 109 6.38% $8,138
    Mr. Cooper ( Nationstar Mortgage ) 108 6.23% $11,281
    GUARANTEED RATE AFFINITY, LLC 107 6.31% $7,753
    The Federal Savings Bank 101 6.27% $14,952
    NATION ONE MORTGAGE CORPORATION 94 6.78% $3,584
    Gateway First Bank 93 6.35% $7,815
    LAKEVIEW LOAN SERVICING, LLC 90 5.72% $5,836
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 89 6.26% $9,131
    CLEARPATH LENDING 82 5.70% $7,917
    PLANET HOME LENDING, LLC 80 6.00% $4,918
    Flagstar Bank, FSB 79 6.36% $6,374
    NBKC BANK 79 5.95% $8,008
    SUN WEST MORTGAGE COMPANY, INC. 76 5.90% $8,569
    CAROLINA ONE MORTGAGE, LLC 73 6.33% $10,025
    VELOCIO MORTGAGE L.L.C. 70 5.12% $6,082
    CARDINAL FINANCIAL 64 6.41% $13,790
    UNION HOME MORTGAGE CORP. 62 6.34% $10,029
    Carrington Mortgage Services, LLC 62 5.99% $10,510
    MUTUAL OF OMAHA MORTGAGE, INC. 61 6.36% $14,737
    First Federal Bank 60 5.98% $6,804
    Renasant Bank 55 6.15% $8,708
    South State Bank 53 6.21% $7,252
    Equity Prime Mortgage LLC 52 6.82% $8,597
    JET HOMELOANS, LLC 51 5.74% $12,208
    AMERICAN FINANCIAL NETWORK, INC. 49 6.41% $7,999
    Trustmark National Bank 49 6.35% $7,532
    INSPIRE HOME LOANS INC. 48 5.65% $4,675
    Barrington Bank & Trust Company, N.A. 43 6.57% $8,198
    Magnolia Bank 41 6.04% $12,730
    PENTAGON FEDERAL CREDIT UNION 40 6.21% $6,076
    Lakeview Community Capital, LLC 39 6.00% $5,191
    T2 FINANCIAL LLC 39 6.63% $11,169
    CALCON MUTUAL MORTGAGE LLC 39 6.13% $10,672
    DIRECT MORTGAGE LOANS, LLC 36 6.44% $13,091
    Atlantic Coast Mortgage, LLC 35 6.28% $11,626
    INTERCOASTAL MORTGAGE COMPANY 34 6.44% $5,677
    Integrity Home Mortgage Corp 33 6.31% $7,137
    Prosperity Home Mortgage, LLC 33 6.04% $9,107
    AMERICAN PACIFIC MORTGAGE CORPORATION 32 6.34% $13,720
    Assurance Financial Group, L.L.C. 31 6.62% $8,382
    AMERICAN FINANCIAL RESOURCES, INC. 31 6.48% $9,651
    DELMAR FINANCIAL COMPANY 30 6.49% $5,395
    SENTE MORTGAGE, INC. 28 6.21% $13,305
    AMERISAVE MORTGAGE CORPORATION 28 5.83% $14,840
    PLAZA HOME MORTGAGE, INC. 27 6.19% $11,028
    VERITAS FUNDING, LLC 27 6.24% $19,812
    AmeriHome Mortgage Company, LLC 27 6.03% $5,988
    RELIANCE FIRST CAPITAL, LLC 27 6.57% $11,538
    TOWNE MORTGAGE COMPANY 26 6.48% $8,478
    First Palmetto Bank 26 6.23% $7,029
    Alcova Mortgage LLC 25 6.33% $8,164
    LOANPAL, LLC 25 5.89% $12,602
    Wells Fargo Bank 24 6.32% $8,601
    American Security Mortgage Corp. 23 5.85% $7,374
    First Reliance Bank 23 6.21% $6,109
    Regions Bank 23 6.04% $8,621
    American Mortgage & Equity Consultants, Inc. 23 6.36% $5,939
    ACOPIA, LLC 23 6.14% $4,667
    TBI MORTGAGE COMPANY 22 6.04% $7,577
    TIDEWATER MORTGAGE SERVICES, INC. 22 6.39% $9,794
    Plains Commerce Bank 22 6.30% $10,867
    The Loan Store, Inc. 22 5.93% $6,878
    NFM, INC. 21 6.43% $10,333
    Southern First Bank 20 6.52% $7,509
    Truist 20 6.35% $4,452
    Armed Forces Bank 18 5.81% $8,436
    Mid-Continent Funding, Inc. 18 5.97% $8,050
    Nations Lending Corporation 18 6.15% $9,295
    HOMEOWNERS FINANCIAL GROUP USA, LLC 17 6.16% $6,144
    Paramount Residential Mortgage Group, Inc. 17 6.51% $13,554
    Towne Bank 17 5.96% $10,639
    SOUTHPOINT FINANCIAL SERVICES, INC. 16 6.52% $8,128
    Century Mortgage Company DBA Century Lending Company 16 6.19% $6,259
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 15 6.13% $7,520
    HOWARD HANNA FINANCIAL SERVICES, INC. 15 6.28% $7,665
    U.S. Bank 15 6.27% $6,596
    PHH Mortgage Corporation 15 5.56% $6,427
    PRIMARY RESIDENTIAL MORTGAGE, INC. 15 6.32% $5,108
    JPMorgan Chase Bank 14 5.86% $4,839
    Princeton Mortgage Corporation 14 6.70% $7,375
    MORTGAGEONE, INC. 14 6.75% $6,594
    GSF Mortgage Corporation 13 6.33% $7,797
    Synovus Bank 13 6.13% $8,404
    First-Citizens Bank & Trust Company 13 5.93% $8,983
    First Community Bank 12 6.54% $8,879
    Fifth Third Bank 12 6.29% $7,111
    EVERETT FINANCIAL, INC. 12 6.86% $11,168
    INTERLINC MORTGAGE SERVICES, LLC 12 6.36% $6,698
    Presidential Bank, FSB 11 6.09% $6,606
    Sierra Pacific Mortgage Company, Inc. 11 6.13% $8,820
    CHURCHILL MORTGAGE CORPORATION 11 6.40% $9,635
    Pinnacle Bank 11 6.03% $7,655
    Countybank 11 6.39% $4,862
    MORTGAGE EQUITY PARTNERS LLC 11 6.42% $11,365
    TJC Mortgage, Inc. 10 5.79% $10,535
    BANKSOUTH MORTGAGE COMPANY, LLC 10 6.04% $12,380
    CITY FIRST MORTGAGE SERVICES, L.L.C. 10 6.29% $8,648
    LEGEND LENDING CORPORATION 10 6.43% $20,686
    NATIONS DIRECT MORTGAGE, LLC 10 6.36% $6,413
    JMAC LENDING, INC. 9 5.97% $14,830
    FIRST HOME MORTGAGE CORPORATION 9 6.58% $4,491
    AMERICAN FINANCING CORPORATION 9 5.97% $11,754
    Ixonia Bank 9 6.60% $10,527
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 9 6.44% $3,037
    MID AMERICA MORTGAGE, INC. 9 6.65% $6,945
    FIRST COMMUNITY MORTGAGE, INC. 8 6.32% $7,622
    Strong Home Mortgage, LLC 8 5.70% $7,134
    Mortgage Lenders Investment Trading Corporation 8 6.67% $14,948
    SOUTHERN TRUST MORTGAGE, LLC 8 6.56% $15,651
    GoPrime Mortgage, Inc. 8 6.50% $8,603
    LADERA LENDING, INC. 8 6.52% $12,127
    ALLIED MORTGAGE GROUP, INC. 8 5.92% $5,199
    BAY EQUITY LLC 8 6.22% $9,752
    Colony Bank 7 6.27% $2,304
    MILEND, INC. 7 6.50% $11,604
    PREMIA MORTGAGE, LLC 7 6.10% $5,109
    SeaTrust Mortgage Company 7 6.30% $9,171
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 7 6.61% $9,182
    SOUTHWEST STAGE FUNDING, LLC 7 6.21% $1,684
    Waterstone Mortgage Corporation 6 6.81% $10,868
    SOUTHWEST FUNDING, LP 6 6.69% $11,421
    STOCKTON MORTGAGE CORPORATION 6 5.46% $9,853
    Old National Bank 6 5.71% $6,682
    SUMMIT FUNDING, INC. 6 6.25% $7,529
    ZILLOW HOME LOANS, LLC 6 6.06% $7,394
    Queensborough National Bank & Trust Company 6 6.06% $8,067
    Texana Bank 6 6.33% $15,373
    Paramount Bank 6 6.35% $8,346
    GENEVA FINANCIAL, LLC 6 6.54% $6,087
    United Community Bank 6 5.98% $9,980
    TOP FLITE FINANCIAL, INC. 6 6.96% $12,905
    1ST SIGNATURE LENDING, LLC 5 6.80% $11,041
    Bank of England 5 6.50% $9,091
    CANOPY MORTGAGE, LLC 5 5.95% $11,424
    East Coast Capital Corp. 5 6.23% $6,235
    FIRST CHOICE MORTGAGE, INC. 5 6.63% $9,331
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 5 6.80% $2,785
    GMFS LLC 5 6.33% $6,317
    Mortgage Assurance Inc. 5 6.35% $11,520
    MORTGAGE INVESTORS GROUP, INC. 5 6.15% $4,603
    M&T Bank 5 6.48% $5,249
    Network Funding, L.P. 5 6.73% $6,419
    NORWICH COMMERCIAL GROUP, INC. 5 5.73% $10,063
    RADIUS FINANCIAL GROUP INC. 5 6.50% $6,470
    ENVOY MORTGAGE, LTD 4 6.75% $6,834
    The Central Trust Bank 4 6.28% $10,714
    First National Bank of Pennsylvania 4 6.41% $17,872
    OCMBC, INC. 4 6.34% $6,181
    MORTGAGE ACCESS CORP. 4 6.22% $12,566
    ON Q FINANCIAL, INC. 4 5.87% $5,883
    SIRVA MORTGAGE, INC. 4 6.75% $9,425
    EMM LOANS LLC 4 6.38% $8,984
    HOMEBRIDGE FINANCIAL SERVICES, INC. 4 6.78% $6,118
    North American Savings Bank, F.S.B. 4 5.97% $9,958
    AFFORDABLE MORTGAGE ADVISORS, LLC. 4 6.19% $9,128
    Capital Bank 4 6.31% $11,446
    UNITED MORTGAGE CORP 4 6.31% $23,475
    Citizens Bank 3 6.38% $6,642
    ONY GLO, INC. 3 5.92% $6,650
    PREMIER MORTGAGE RESOURCES, L.L.C. 3 6.29% $6,079
    CityWorth Mortgage LLC 3 5.71% $9,634
    CONTOUR MORTGAGE CORPORATION 3 6.63% $11,823
    GARDNER FINANCIAL SERVICES, LTD. 3 6.67% $5,360
    Cornerstone First Mortgage, Inc 3 6.37% $8,778
    Credence Funding Corporation 3 5.75% $7,648
    South Pacific Financial Corporation 3 5.21% $3,433
    CRESCENT MORTGAGE COMPANY 3 6.04% $6,245
    DAS Acquisition Company, LLC 3 6.71% $12,985
    Victorian Finance, LLC 3 6.75% $5,237
    ALLIANT CREDIT UNION 3 5.46% $2,604
    AXIA FINANCIAL, LLC 3 6.21% $12,612
    Security Federal Bank 3 6.58% $2,304
    Sunflower Bank 3 7.12% $16,393
    BancorpSouth 3 6.04% $15,125
    United Bank 3 6.33% $8,275
    FIRST COLONY MORTGAGE CORPORATION 3 5.79% $12,936
    Encompass Lending Group, LP 3 6.58% $7,061
    TruHome Solutions, LLC 3 6.42% $6,904
    FIRST ALLIANCE HOME MORTGAGE, LLC 3 5.63% $6,278
    ABSOLUTE HOME MORTGAGE CORPORATION 3 6.58% $28,237
    Bell Bank 3 6.33% $3,283
    EQUITY RESOURCES, INC. 3 6.71% $6,604
    NEW FED MORTGAGE, CORP. 3 6.04% $4,227
    HOMESTEAD FUNDING CORP. 3 5.88% $5,197
    CAPITAL CENTER, L.L.C. 3 6.08% $9,803
    Northpointe Bank 2 5.94% $14,917
    MICHIGAN MUTUAL, INC. 2 6.13% $12,819
    Meridian Bank Corporation 2 5.43% $10,444
    Goldwater Bank, N.A. 2 8.06% $23,897
    PLUS RELOCATION MORTGAGE, LLC 2 5.75% $12,786
    PNC Bank 2 6.81% $3,108
    POLARIS HOME FUNDING CORP. 2 7.69% $13,601
    PREMIER LENDING, INC. 2 6.25% $9,555
    First Horizon Bank 2 6.19% $2,834
    FIRST CONTINENTAL MORTGAGE, LTD. 2 5.75% $997
    First Bank 2 5.87% $4,164
    RAPID MORTGAGE COMPANY 2 6.44% $7,091
    Residential Mortgage Solutions, Inc. 2 7.00% $8,172
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 6.19% $4,335
    ROSS MORTGAGE CORPORATION 2 7.19% $1,770
    ServisFirst Bank 2 5.56% $9,460
    EMBRACE HOME LOANS, INC. 2 6.06% $7,453
    CORNERSTONE HOME LENDING, INC. 2 6.44% $15,072
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.63% $17,164
    The Park National Bank 2 5.63% $4,449
    TOTAL MORTGAGE SERVICES, LLC 2 7.00% $21,089
    Barley Mortgage, LLC 2 6.00% $11,914
    Bank of America 2 5.63% $4,519
    AmRes Corporation 2 6.44% $9,844
    First National Bank Texas 1 6.00% $16,318
    First Option Mortgage, LLC 1 6.13% $2,862
    Service Federal Credit Union 1 5.88% $671
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.25% $9,000
    SHELTER LENDING SERVICES, L.L.C. 1 6.75% $12,991
    ALAMEDA MORTGAGE CORPORATION 1 6.13% $6,473
    FIRST SAVINGS MORTGAGE CORPORATION 1 6.13% $4,309
    First State Bank of St. Charles, Missouri 1 6.13% $6,412
    First United Bank and Trust Company 1 5.88% $11,598
    First Western Trust Bank 1 6.13% $10,171
    FLAT BRANCH MORTGAGE, INC. 1 6.00% $2,965
    LENOX FINANCIAL MORTGAGE CORPORATION 1 5.50% $4,349
    Fulton Bank 1 6.13% $24,087
    GERSHMAN INVESTMENT CORP. 1 5.50% $7,482
    SOVEREIGN LENDING GROUP INCORPORATED 1 5.50% $6,290
    SRP Federal Credit Union 1 6.50% $1,494
    Stifel Bank and Trust 1 7.25% $14,280
    Commerce Home Mortgage, Inc. 1 6.13% $5,182
    CLIFFCO, INC. 1 6.49% $3,827
    AHL FUNDING 1 6.12% $11,151
    PANORAMA MORTGAGE GROUP, LLC 1 6.25% $10,912
    OPEN MORTGAGE, LLC 1 5.50% $5,494
    City National Bank of Florida 1 5.99% $10,353
    City Lending Inc. 1 7.38% $23,371
    City Bank 1 6.75% $12,402
    OAKTREE FUNDING CORP. 1 5.75% $14,195
    TD Bank 1 6.50% $2,151
    CIBM Bank 1 7.63% $3,153
    Granite Community Bank 1 6.50% $3,871
    CIBC Bank USA 1 6.25% $18,968
    The Huntington National Bank 1 6.50% $11,186
    C & F Mortgage Corporation 1 7.25% $6,192
    V.I.P. MORTGAGE, INC. 1 6.25% $29,298
    NP, Inc. 1 6.50% $13,466
    Wolfe Financial, Inc 1 7.38% $3,857
    BOKF 1 6.63% $4,840
    MATTAMY HOME FUNDING, LLC 1 5.88% $2,790
    Blue Ridge Bank 1 6.12% $9,196
    INFINITY EQUITY GROUP, INC. 1 5.75% $6,787
    Academy Bank 1 6.75% $3,106
    MORIA DEVELOPMENT, INC. 1 5.75% $7,419
    Truliant Federal Credit Union 1 6.50% $3,696
    Midwest Mortgage Associates Corporation 1 6.25% $12,460
    Bank Five Nine 1 6.50% $3,425
    NETWORK CAPITAL FUNDING CORPORATION 1 6.50% $10,118
    Keystone Funding, Inc. 1 5.75% $5,493
    NBH Bank 1 6.25% $4,615
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 6.25% $14,660
    LEADERONE FINANCIAL CORPORATION 1 7.13% $20,746
    UNIVERSAL MORTGAGE & FINANCE, INC. 1 7.25% $12,562
    Arbor Bank 1 6.25% $3,984
    MID-ISLAND MORTGAGE CORP. 1 5.00% $13,021
    US MORTGAGE CORPORATION 1 6.25% $9,190
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.75% $14,706
    Extraco Banks 1 6.50% $13,905
    Republic Bank & Trust Company 1 6.00% $11,107
    Residential Acceptance Corporation 1 8.25% $9,210
    Uwharrie Bank 1 5.63% $4,345
    American Mortgage Bank, LLC 1 6.75% $6,348
    FAIRWAY FUNDING GROUP, INC. 1 6.00% $49,639
    Vellum Mortgage, Inc. 1 6.75% $4,225
    ROYAL UNITED MORTGAGE LLC 1 4.88% $35,013
    RUOFF MORTGAGE COMPANY, INC. 1 6.25% $3,147
    Sandy Spring Bank 1 5.99% $5,713
    FirstBank 1 6.75% $15,938

    The top South Carolina VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,963 VA loans originated. Their average total fees are $6,156, which is $1,865 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee South Carolina VA lenders (with over 10 loans originated) are NATION ONE MORTGAGE CORPORATION ($3,584), MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,386), Truist ($4,452), ACOPIA, LLC ($4,667) and INSPIRE HOME LOANS INC. ($4,675).

    The lowest rate South Carolina VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.07%), VELOCIO MORTGAGE L.L.C. (5.12%), FBC MORTGAGE, LLC (5.44%), PULTE MORTGAGE LLC (5.55%) and PHH Mortgage Corporation (5.56%).

    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.