Aberdeen VA Loan Rates, Closing Costs & Stats

Aberdeen, WA

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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.

    Aberdeen's 51 lenders originated 150 VA loans during 2023. The total origination value was $53,760,000, with an average VA loan value of $358,400.

    Aberdeen VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Aberdeen averaged 6.16% for the week of 2024-10-11, compared to the national average (all VA variants) of 5.854% for the same period.

    Aberdeen's average VA mortgage closing costs are $6,357.

    The average rate for the prior week (2024-10-04) was 6.03% and one month ago for the week of 2024-09-06, the average rate was 5.82%.

    The average rate one year ago was 7.69%.

    For refis of the same type during the week of 2024-10-11, the average rate was 5.95%.

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

    Aberdeen 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 Aberdeen level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 26 6.69% $6,032
    ACADEMY MORTGAGE CORPORATION 12 6.67% $11,871
    UNITED WHOLESALE MORTGAGE, LLC 11 6.37% $10,701
    QUICKEN LOANS, LLC 10 6.04% $13,604
    GUILD MORTGAGE COMPANY 8 6.16% $14,844
    The Federal Savings Bank 5 6.18% $19,030
    AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.16% $10,900
    NAVY FEDERAL CREDIT UNION 4 5.81% $2,163
    CROSSCOUNTRY MORTGAGE, LLC 4 6.84% $16,682
    Equity Prime Mortgage LLC 3 7.08% $9,476
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.46% $3,610
    FREEDOM MORTGAGE CORPORATION 3 6.04% $13,660
    NEWREZ LLC 2 6.94% $15,516
    American Mortgage & Equity Consultants, Inc. 2 7.38% $12,355
    BAY EQUITY LLC 2 6.56% $4,359
    Boeing Employees Credit Union 2 6.50% $2,964
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 7.50% $10,752
    GUARANTEED RATE, INC. 2 6.65% $15,695
    LOANDEPOT.COM, LLC 2 5.94% $19,104
    MOVEMENT MORTGAGE, LLC 2 6.44% $12,059
    NEW DAY FINANCIAL, LLC 2 7.75% $11,210
    PENRITH HOME LOANS LLC 2 5.69% $4,881
    PREMIER MORTGAGE RESOURCES, L.L.C. 2 6.75% $12,328
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.06% $587
    Strong Home Mortgage, LLC 2 5.44% $7,110
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.63% $2,987
    LADERA LENDING, INC. 1 7.63% $6,183
    Armed Forces Bank 1 6.50% $11,453
    LOANPAL, LLC 1 5.00% $17,044
    MANN FINANCIAL INC. 1 6.00% $9,681
    MORTGAGEONE, INC. 1 7.25% $5,499
    BROKER SOLUTIONS, INC. 1 6.63% $13,809
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $10,857
    SOUND 1 5.63% $1,576
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.25% $10,732
    Barrington Bank & Trust Company, N.A. 1 5.63% $5,653
    NBKC BANK 1 6.63% $6,000
    USAA Federal Savings Bank 1 5.50% $5,890
    1st Security Bank of Washington 1 7.25% $22,932
    Paramount Residential Mortgage Group, Inc. 1 6.13% $18,784
    PENNYMAC LOAN SERVICES, LLC 1 5.13% $7,973
    SUN WEST MORTGAGE COMPANY, INC. 1 5.75% $32,183
    DIRECTORS MORTGAGE, INC. 1 6.25% $8,947
    Credence Funding Corporation 1 6.13% $3,381
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $8,882
    CORNERSTONE HOME LENDING, INC. 1 7.38% $26,112
    First Federal Bank 1 6.13% $3,997
    Flagstar Bank, FSB 1 6.25% $22,738
    CMG MORTGAGE, INC. 1 6.38% $13,935
    AMERICAN FINANCING CORPORATION 1 6.25% $3,512
    CARDINAL FINANCIAL 1 5.75% $8,834

    The top Aberdeen VA lender as defined by loan originations is Mortgage Research Center, LLC, with 26 VA loans originated. Their average total fees are $6,032, which is $5,839 lower than the next largest lender, ACADEMY MORTGAGE CORPORATION.

    The lowest fee Aberdeen VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,032), UNITED WHOLESALE MORTGAGE, LLC ($10,701), ACADEMY MORTGAGE CORPORATION ($11,871), QUICKEN LOANS, LLC ($13,604) and .

    The lowest rate Aberdeen VA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.04%), UNITED WHOLESALE MORTGAGE, LLC (6.37%), ACADEMY MORTGAGE CORPORATION (6.67%), Mortgage Research Center, LLC (6.69%) and .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Aberdeen (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 $209,900 (22.8%) $249,846 (17.3%) 0.00 293
    2018-02-01 $217,625 (21.3%) $258,065 (19.7%) 0.00 286
    2018-03-01 $217,900 (19.4%) $257,528 (16.1%) 0.00 299
    2018-04-01 $217,250 (14.5%) $254,314 (13.4%) 0.00 313
    2018-05-01 $222,475 (14.1%) $253,062 (9.4%) 0.00 329
    2018-06-01 $220,000 (12.8%) $258,524 (12.6%) 0.00 379
    2018-07-01 $222,100 (11.2%) $262,451 (13.3%) 0.00 415
    2018-08-01 $224,450 (12.3%) $268,013 (16.1%) 0.00 415
    2018-09-01 $229,450 (14.7%) $272,843 (15.0%) 0.00 402
    2018-10-01 $233,500 (16.8%) $270,422 (10.6%) 0.00 382
    2018-11-01 $232,500 (15.0%) $264,200 (6.3%) 0.00 359
    2018-12-01 $228,200 (14.2%) $260,684 (6.8%) 0.00 323
    2019-01-01 $229,225 (9.2%) $260,987 (4.5%) 0.00 272
    2019-02-01 $230,750 (6.0%) $265,108 (2.7%) 0.00 275
    2019-03-01 $235,247 (8.0%) $272,593 (5.9%) 0.00 285
    2019-04-01 $243,871 (12.3%) $283,600 (11.5%) 0.00 298
    2019-05-01 $249,725 (12.3%) $298,314 (17.9%) 0.00 298
    2019-06-01 $243,250 (10.6%) $287,212 (11.1%) 0.00 337
    2019-07-01 $246,500 (11.0%) $291,957 (11.2%) 0.00 376
    2019-08-01 $246,182 (9.7%) $289,747 (8.1%) 0.00 391
    2019-09-01 $242,705 (5.8%) $283,956 (4.1%) 0.00 397
    2019-10-01 $240,000 (2.8%) $278,196 (2.9%) 0.00 396
    2019-11-01 $246,250 (5.9%) $275,780 (4.4%) 0.00 360
    2019-12-01 $244,920 (7.3%) $266,857 (2.4%) 0.00 322
    2020-01-01 $244,950 (6.9%) $268,603 (2.9%) 0.00 299
    2020-02-01 $245,900 (6.6%) $265,500 (0.2%) 0.00 284
    2020-03-01 $249,700 (6.1%) $271,373 (-0.5%) 0.00 279
    2020-04-01 $257,413 (5.6%) $280,692 (-1.0%) 0.00 277
    2020-05-01 $259,450 (3.9%) $282,511 (-5.3%) 0.00 267
    2020-06-01 $263,700 (8.4%) $291,338 (1.4%) 0.00 250
    2020-07-01 $265,000 (7.5%) $301,090 (3.1%) 0.00 260
    2020-08-01 $260,000 (5.6%) $307,026 (6.0%) 0.00 254
    2020-09-01 $263,500 (8.6%) $322,567 (13.6%) 0.00 235
    2020-10-01 $265,000 (10.4%) $331,151 (19.0%) 0.00 210
    2020-11-01 $273,450 (11.1%) $354,169 (28.4%) 0.00 140
    2020-12-01 $283,675 (15.8%) $364,189 (36.5%) 0.00 124
    2021-01-01 $279,000 (13.9%) $373,342 (39.0%) 0.00 90
    2021-02-01 $282,175 (14.8%) $382,773 (44.2%) 0.00 83
    2021-03-01 $286,450 (14.7%) $366,032 (34.9%) 0.00 87
    2021-04-01 $302,250 (17.4%) $372,982 (32.9%) 0.00 84
    2021-05-01 $349,000 (34.5%) $404,953 (43.3%) 0.00 120
    2021-06-01 $369,900 (40.3%) $431,286 (48.0%) 0.00 142
    2021-07-01 $349,950 (32.1%) $414,109 (37.5%) 0.00 186
    2021-08-01 $356,000 (36.9%) $428,724 (39.6%) 0.00 200
    2021-09-01 $362,500 (37.6%) $429,842 (33.3%) 0.00 212
    2021-10-01 $384,900 (45.3%) $442,955 (33.8%) 0.00 194
    2021-11-01 $382,450 (39.9%) $431,039 (21.7%) 0.00 167
    2021-12-01 $384,700 (35.6%) $425,404 (16.8%) 0.00 152
    2022-01-01 $389,000 (39.4%) $423,175 (13.4%) 0.00 135
    2022-02-01 $392,350 (39.0%) $423,691 (10.7%) 0.00 132
    2022-03-01 $406,150 (41.8%) $459,141 (25.4%) 0.00 156
    2022-04-01 $424,900 (40.6%) $471,830 (26.5%) 0.00 160
    2022-05-01 $407,400 (16.7%) $454,197 (12.2%) 0.00 203
    2022-06-01 $412,210 (11.4%) $454,692 (5.4%) 0.00 267
    2022-07-01 $405,000 (15.7%) $450,110 (8.7%) 0.00 348
    2022-08-01 $399,999 (12.4%) $446,996 (4.3%) 0.00 360
    2022-09-01 $399,450 (10.2%) $438,494 (2.0%) 0.00 349
    2022-10-01 $399,000 (3.7%) $425,631 (-3.9%) 0.00 335
    2022-11-01 $388,972 (1.7%) $405,991 (-5.8%) 0.00 292
    2022-12-01 $397,000 (3.2%) $411,105 (-3.4%) 0.00 250
    2023-01-01 $399,900 (2.8%) $422,895 (-0.1%) 0.00 240
    2023-02-01 $399,987 (2.0%) $421,591 (-0.5%) 0.00 223
    2023-03-01 $413,750 (1.9%) $442,334 (-3.7%) 0.00 217
    2023-04-01 $410,000 (-3.5%) $451,468 (-4.3%) 0.00 220
    2023-05-01 $411,250 (1.0%) $447,237 (-1.5%) 0.00 243
    2023-06-01 $415,475 (0.8%) $466,674 (2.6%) 0.00 275
    2023-07-01 $419,000 (3.5%) $499,938 (11.1%) 0.00 330
    2023-08-01 $407,450 (1.9%) $486,731 (8.9%) 0.00 343
    2023-09-01 $419,000 (4.9%) $488,356 (11.4%) 0.00 325
    2023-10-01 $419,950 (5.3%) $495,146 (16.3%) 0.00 316
    2023-11-01 $409,450 (5.3%) $482,498 (18.8%) 0.00 336
    2023-12-01 $405,000 (2.0%) $476,164 (15.8%) 0.00 303
    2024-01-01 $399,900 (0.0%) $459,703 (8.7%) 0.00 276
    2024-02-01 $399,450 (-0.1%) $460,645 (9.3%) 0.00 246
    2024-03-01 $401,800 (-2.9%) $466,220 (5.4%) 0.00 266
    2024-04-01 $418,450 (2.1%) $484,244 (7.3%) 0.00 313
    2024-05-01 $415,950 (1.1%) $482,553 (7.9%) 0.00 393
    2024-06-01 $419,900 (1.1%) $488,271 (4.6%) 0.00 417
    2024-07-01 $419,425 (0.1%) $494,134 (-1.2%) 0.00 462
    2024-08-01 $417,500 (2.5%) $477,497 (-1.9%) 0.00 482
    2024-09-01 $413,750 (-1.3%) $477,958 (-2.1%) 0.00 471
    Aberdeen's median listing price for 2024-09-01 was $413,750, a difference of $-5,250 (-1.3%) versus the prior year and $-3,750 versus the prior month.

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

    Aberdeen's average listing price for 2024-09-01 was $477,958, a difference of $-10,398 (-2.1%) versus the prior year and $461 versus the prior month.

    For the 2024-09-01 period, Aberdeen had 471 MLS listings, a difference of -11 listings (-2%) versus the prior month and 146 listings (45%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Aberdeen (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,509 sqft
    2018-02-01 0 days 1,517 sqft
    2018-03-01 0 days 1,509 sqft
    2018-04-01 0 days 1,478 sqft
    2018-05-01 0 days 1,500 sqft
    2018-06-01 0 days 1,516 sqft
    2018-07-01 0 days 1,487 sqft
    2018-08-01 0 days 1,533 sqft
    2018-09-01 0 days 1,545 sqft
    2018-10-01 0 days 1,543 sqft
    2018-11-01 0 days 1,499 sqft
    2018-12-01 0 days 1,489 sqft
    2019-01-01 0 days 1,487 sqft
    2019-02-01 0 days 1,502 sqft
    2019-03-01 0 days 1,505 sqft
    2019-04-01 0 days 1,504 sqft
    2019-05-01 0 days 1,491 sqft
    2019-06-01 0 days 1,465 sqft
    2019-07-01 0 days 1,488 sqft
    2019-08-01 0 days 1,500 sqft
    2019-09-01 0 days 1,519 sqft
    2019-10-01 0 days 1,508 sqft
    2019-11-01 0 days 1,491 sqft
    2019-12-01 0 days 1,463 sqft
    2020-01-01 0 days 1,469 sqft
    2020-02-01 0 days 1,470 sqft
    2020-03-01 0 days 1,419 sqft
    2020-04-01 0 days 1,419 sqft
    2020-05-01 0 days 1,440 sqft
    2020-06-01 0 days 1,462 sqft
    2020-07-01 0 days 1,484 sqft
    2020-08-01 0 days 1,520 sqft
    2020-09-01 0 days 1,517 sqft
    2020-10-01 0 days 1,528 sqft
    2020-11-01 0 days 1,425 sqft
    2020-12-01 0 days 1,445 sqft
    2021-01-01 0 days 1,434 sqft
    2021-02-01 0 days 1,498 sqft
    2021-03-01 0 days 1,478 sqft
    2021-04-01 0 days 1,524 sqft
    2021-05-01 0 days 1,527 sqft
    2021-06-01 0 days 1,513 sqft
    2021-07-01 0 days 1,532 sqft
    2021-08-01 0 days 1,534 sqft
    2021-09-01 0 days 1,502 sqft
    2021-10-01 0 days 1,518 sqft
    2021-11-01 0 days 1,486 sqft
    2021-12-01 0 days 1,490 sqft
    2022-01-01 0 days 1,425 sqft
    2022-02-01 0 days 1,375 sqft
    2022-03-01 0 days 1,445 sqft
    2022-04-01 0 days 1,440 sqft
    2022-05-01 0 days 1,450 sqft
    2022-06-01 0 days 1,428 sqft
    2022-07-01 0 days 1,468 sqft
    2022-08-01 0 days 1,487 sqft
    2022-09-01 0 days 1,486 sqft
    2022-10-01 0 days 1,488 sqft
    2022-11-01 0 days 1,460 sqft
    2022-12-01 0 days 1,446 sqft
    2023-01-01 0 days 1,448 sqft
    2023-02-01 0 days 1,476 sqft
    2023-03-01 0 days 1,461 sqft
    2023-04-01 0 days 1,491 sqft
    2023-05-01 0 days 1,484 sqft
    2023-06-01 0 days 1,523 sqft
    2023-07-01 0 days 1,500 sqft
    2023-08-01 0 days 1,514 sqft
    2023-09-01 0 days 1,512 sqft
    2023-10-01 0 days 1,492 sqft
    2023-11-01 0 days 1,484 sqft
    2023-12-01 0 days 1,490 sqft
    2024-01-01 0 days 1,489 sqft
    2024-02-01 0 days 1,489 sqft
    2024-03-01 0 days 1,495 sqft
    2024-04-01 0 days 1,497 sqft
    2024-05-01 0 days 1,491 sqft
    2024-06-01 0 days 1,488 sqft
    2024-07-01 0 days 1,492 sqft
    2024-08-01 0 days 1,498 sqft
    2024-09-01 0 days 1,503 sqft
    Aberdeen's median listing age (time on market) for 2024-09-01 was 0 days.

    Aberdeen's median square footage for active listings during the 2024-09-01 period was 1,503 sqft. One year prior, the average listing was 1,512 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.