Orangeburg VA Loan Rates, Closing Costs & Stats

Orangeburg, SC

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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.

    Orangeburg's 40 lenders originated 148 VA loans during 2024. The total origination value was $40,500,000, with an average VA loan value of $273,649.

    Orangeburg VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Orangeburg averaged 6.36% for the week of 2025-07-18, compared to the national average (all VA variants) of 6.385% for the same period.

    Orangeburg's average VA mortgage closing costs are $5,220.

    The average rate for the prior week (2025-07-11) was 6.45% and one month ago for the week of 2025-06-13, the average rate was 6.72%.

    The average rate one year ago was 6.72%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.87%.

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

    Orangeburg 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 Orangeburg level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 25 6.59% $5,087
    DHI MORTGAGE COMPANY, LTD. 18 4.62% $5,533
    UNITED WHOLESALE MORTGAGE, LLC 12 5.93% $7,625
    QUICKEN LOANS, LLC 9 6.32% $7,595
    NATION ONE MORTGAGE CORPORATION 7 6.57% $2,030
    NAVY FEDERAL CREDIT UNION 5 6.03% $4,716
    VILLAGE CAPITAL MORTGAGE 4 5.88% $4,372
    NEW DAY FINANCIAL, LLC 4 7.65% $10,457
    BROKER SOLUTIONS, INC. 4 6.75% $7,119
    USAA Federal Savings Bank 3 6.50% $4,715
    FREEDOM MORTGAGE CORPORATION 3 5.92% $5,075
    RESOURCE FINANCIAL SERVICES, INC. 3 6.88% $7,820
    MOVEMENT MORTGAGE, LLC 3 6.33% $4,327
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.75% $2,978
    CALCON MUTUAL MORTGAGE LLC 2 6.81% $9,406
    CAROLINA ONE MORTGAGE, LLC 2 6.50% $2,603
    CROSSCOUNTRY MORTGAGE, LLC 2 7.00% $2,419
    Equity Prime Mortgage LLC 2 7.81% $13,767
    GUILD MORTGAGE COMPANY 2 6.88% $5,914
    Lakeview Community Capital, LLC 2 5.44% $6,517
    NVR Mortgage Finance, Inc. 2 5.75% $5,168
    PLANET HOME LENDING, LLC 2 6.25% $1,180
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $1,798
    Gateway First Bank 1 6.75% $13,037
    First Community Bank 1 6.75% $8,692
    DIRECT MORTGAGE LOANS, LLC 1 6.50% $10,816
    Ameris Bank 1 6.63% $8,679
    PENNYMAC LOAN SERVICES, LLC 1 5.75% $8,173
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $4,488
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.75% $6,971
    CONTOUR MORTGAGE CORPORATION 1 6.50% $12,812
    Carrington Mortgage Services, LLC 1 8.13% $4,547
    SENTE MORTGAGE, INC. 1 6.63% $10,448
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 7.25% $8,547
    The Federal Savings Bank 1 7.25% $6,828
    TJC Mortgage, Inc. 1 5.25% $4,277
    UNION HOME MORTGAGE CORP. 1 6.50% $2,995
    Atlantic Coast Mortgage, LLC 1 6.75% $4,557
    AMERICAN FINANCIAL NETWORK, INC. 1 5.25% $875
    HOMESIDE FINANCIAL, LLC 1 6.63% $4,233

    The top Orangeburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 25 VA loans originated. Their average total fees are $5,087, which is $446 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Orangeburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,087), DHI MORTGAGE COMPANY, LTD. ($5,533), UNITED WHOLESALE MORTGAGE, LLC ($7,625), .

    The lowest rate Orangeburg VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.62%), UNITED WHOLESALE MORTGAGE, LLC (5.93%), Mortgage Research Center, LLC (6.59%), .

    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.