VA home loans · North Carolina
VA loans in North Carolina
A VA loan lets eligible veterans and service members buy a North Carolina home with $0 down and no monthly mortgage insurance. What's specific to North Carolina is the property tax relief for disabled veterans and how closing costs are divided.
Monthly principal and interest
$2,319
- Total loan amount
- $357,525
- VA funding fee
- $7,525 (2.15%)
- Property tax and insurance
- Estimated total monthly payment
The funding fee is added to your loan by default, so it isn’t due at closing.
Example only. Not a quote, rate offer, or loan approval. Your rate and payment depend on your credit, the property, and lender approval.
Funding fee percentages from the VA funding fee chart effective April 7, 2023.
Check my VA eligibility in 60 seconds
Four questions. This doesn’t run your credit, and it isn’t an application or an approval.
Question 1 of 4
This check doesn’t run credit and isn’t an approval. A loan officer confirms eligibility against your COE.
Want a loan officer to follow up? Your answers go with your details, so you won’t have to repeat them. This part is optional.
How big is the VA market in North Carolina?
North Carolina is one of the most active VA loan states in the country. The 2025 VA Lender Volume Report table published by Veterans United (data updated October 8, 2025) shows the following.
| Measure | North Carolina |
|---|---|
| Total VA loans | 33,429 |
| Purchase loans | 19,727 |
| Refinance loans | 13,702 |
| Total loan amount | $11.57 billion |
What VA costs are the same in North Carolina?
The VA funding fee doesn’t change by state. It is 2.15% on a first-use purchase with less than 5% down and 3.30% on subsequent use.
| Loan type | First use | Subsequent use |
|---|---|---|
| Purchase, under 5% down | 2.15% | 3.30% |
| Purchase, 5–9.99% down | 1.50% | 1.50% |
| Purchase, 10% or more down | 1.25% | 1.25% |
| Cash-out refinance | 2.15% | 3.30% |
| IRRRL (streamline refinance) | 0.50% | 0.50% |
| Exempt borrowers (see below) | 0% | 0% |
VA funding fee chart effective April 7, 2023.
What property tax relief do disabled veterans get in North Carolina?
North Carolina excludes the first $45,000 of appraised value of a permanent residence for qualifying disabled veterans. It’s an exclusion from taxable value, so your savings depend on your county’s tax rate.
You may qualify if you were discharged honorably or under honorable conditions and have a 100% permanent and total service-connected disability, or receive benefits for specially adapted housing under 38 U.S.C. 2101. A never-remarried surviving spouse may qualify in certain cases.
How to apply:
- Complete Sections 1 and 2 of Form NCDVA-9.
- Take it to your local veterans service office for certification.
- Submit the certified NCDVA-9 and Form AV-9 to your county tax office by June 1.
How do closings work in North Carolina?
North Carolina closings are handled through an attorney, so plan on an attorney fee in your closing costs. The state’s excise tax on the deed, $1 per $500 of the price, is usually paid by the seller.
A $350,000 sale would carry $700 in excise tax. VA rules also limit which fees a veteran can be charged, so ask for your Loan Estimate before assuming a cost is yours.
VA loans by base and city in North Carolina
- Fayetteville — Fort Bragg (Fort Liberty)
Hope Mills, Spring Lake, Raeford, Cameron
- Jacksonville — Camp Lejeune
Sneads Ferry, Holly Ridge, Richlands
- Havelock — MCAS Cherry Point
New Bern, Newport · Guide coming soon
- Charlotte — Charlotte metro veterans
Largest NC metro VA market · Guide coming soon
- Raleigh–Durham — Triangle veterans
Research Triangle veteran community · Guide coming soon
Frequently asked questions
How many VA loans are made in North Carolina?
The 2025 VA Lender Volume Report table published by Veterans United shows 33,429 VA loans in North Carolina totaling about $11.57 billion, with 19,727 purchases and 13,702 refinances. That table was last updated October 8, 2025.
How much is the North Carolina disabled veteran property tax exclusion?
It excludes the first $45,000 of appraised value of a permanent residence for veterans with a 100% permanent and total service-connected disability or specially adapted housing benefits. Certain never-remarried surviving spouses may also qualify.
When is the North Carolina exclusion application due?
The NC Department of Military and Veterans Affairs lists June 1 of the current tax year as the date for timely submission to your county tax office. You need Form AV-9 and a certified Form NCDVA-9.
Does the VA funding fee apply in North Carolina?
Yes, the VA funding fee is the same nationwide. It is 2.15% on a first-use purchase with less than 5% down, unless you are exempt.
Written by Sahaad Washington, licensed mortgage loan officer, NMLS #1446971. Licensed in North Carolina and South Carolina.
Published · Last reviewed
Sources
- Veterans United: VA loan statistics, from the VA Lender Volume Report (2025 table, data updated October 8, 2025)
- NC Department of Military and Veterans Affairs: Veterans property tax relief (checked November 8, 2026)
- VA: Funding fee and closing costs (chart effective April 7, 2023; page updated October 5, 2026)
- True Homes: Closing costs for NC and SC buyers (checked November 8, 2026)
Buying in North Carolina with your VA benefit?
A loan officer can run the payment with your county’s taxes and any veteran property tax relief you qualify for.