Baraboo VA Loan Rates, Closing Costs & Stats

Baraboo, WI

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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.

    Baraboo's 30 lenders originated 59 VA loans during 2022. The total origination value was $15,195,000, with an average VA loan value of $257,542.

    Baraboo VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Baraboo averaged 6.3% for the week of 2023-05-26, compared to the national average (all VA variants) of 6.408% for the same period.

    Baraboo's average VA mortgage closing costs are $4,620.

    The average rate for the prior week (2023-05-19) was 5.72% and one month ago for the week of 2023-04-21, the average rate was 5.74%.

    The average rate one year ago was 4.61%.

    For refis of the same type during the week of 2023-05-26, the average rate was 4.79%.

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

    Baraboo 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 Baraboo level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Mortgage Research Center, LLC 10 4.54% $6,540
    GUILD MORTGAGE COMPANY 4 4.28% $16,896
    QUICKEN LOANS, LLC 4 4.65% $9,039
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 5.19% $7,285
    Barrington Bank & Trust Company, N.A. 3 5.08% $7,747
    Wells Fargo Bank 2 2.69% $2,199
    FREEDOM MORTGAGE CORPORATION 2 5.25% $8,195
    GUARANTEED RATE, INC. 2 4.08% $5,804
    NEW DAY FINANCIAL, LLC 2 5.18% $7,962
    USAA Federal Savings Bank 2 4.56% $7,349
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $5,118
    LOANDEPOT.COM, LLC 1 4.00% $12,012
    Magnolia Bank 1 2.75% $17,495
    First Federal Bank 1 3.13% $8,912
    Mr. Cooper ( Nationstar Mortgage ) 1 3.00% $2,172
    MUTUAL OF OMAHA MORTGAGE, INC. 1 2.75% $1,705
    NAVY FEDERAL CREDIT UNION 1 3.00% $2,244
    NBH Bank 1 5.63% $4,778
    NBKC BANK 1 4.25% $6,155
    VILLAGE CAPITAL MORTGAGE 1 4.88% $13,620
    NEWREZ LLC 1 5.75% $6,886
    North American Savings Bank, F.S.B. 1 3.25% $12,711
    PLANET HOME LENDING, LLC 1 2.75% $12,254
    Prosperity Home Mortgage, LLC 1 4.75% $4,121
    DAS Acquisition Company, LLC 1 4.75% $9,412
    THOMPSON KANE & COMPANY, LLC 1 4.63% $16,558
    CRESCENT MORTGAGE COMPANY 1 5.00% $8,509
    U.S. Bank 1 4.13% $2,334
    Flagstar Bank, FSB 1 2.38% $1,739
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.75% $873

    The top Baraboo VA lender as defined by loan originations is Mortgage Research Center, LLC, with 10 VA loans originated. Their average total fees are $6,540, which is $10,356 lower than the next largest lender, GUILD MORTGAGE COMPANY.

    The lowest fee Baraboo VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,540), .

    The lowest rate Baraboo VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (4.54%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Baraboo (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 $230,950 (15.5%) $262,660 (-3.5%) 0.00 247
    2018-02-01 $249,675 (24.9%) $275,829 (-0.5%) 0.00 220
    2018-03-01 $259,900 (17.5%) $280,645 (0.5%) 0.00 234
    2018-04-01 $249,900 (13.6%) $281,680 (2.2%) 0.00 252
    2018-05-01 $244,725 (13.9%) $280,750 (5.3%) 0.00 280
    2018-06-01 $249,000 (10.9%) $287,708 (4.6%) 0.00 293
    2018-07-01 $254,700 (13.3%) $295,242 (6.6%) 0.00 299
    2018-08-01 $254,900 (13.3%) $299,554 (7.3%) 0.00 299
    2018-09-01 $249,900 (9.2%) $298,745 (6.5%) 0.00 294
    2018-10-01 $239,900 (4.4%) $282,769 (3.7%) 0.00 299
    2018-11-01 $231,325 (0.6%) $267,773 (0.5%) 0.00 287
    2018-12-01 $229,900 (0.3%) $264,579 (0.9%) 0.00 252
    2019-01-01 $229,900 (-0.5%) $272,032 (3.6%) 0.00 233
    2019-02-01 $239,675 (-4.0%) $276,940 (0.4%) 0.00 202
    2019-03-01 $239,900 (-7.7%) $282,939 (0.8%) 0.00 213
    2019-04-01 $242,225 (-3.1%) $291,532 (3.5%) 0.00 241
    2019-05-01 $266,950 (9.1%) $314,464 (12.0%) 0.00 258
    2019-06-01 $260,000 (4.4%) $304,739 (5.9%) 0.00 267
    2019-07-01 $272,400 (7.0%) $308,336 (4.4%) 0.00 271
    2019-08-01 $273,900 (7.5%) $314,890 (5.1%) 0.00 272
    2019-09-01 $269,225 (7.7%) $315,936 (5.8%) 0.00 259
    2019-10-01 $259,900 (8.3%) $305,369 (8.0%) 0.00 257
    2019-11-01 $259,900 (12.4%) $316,431 (18.2%) 0.00 218
    2019-12-01 $259,175 (12.7%) $311,650 (17.8%) 0.00 205
    2020-01-01 $265,700 (15.6%) $317,049 (16.6%) 0.00 181
    2020-02-01 $277,500 (15.8%) $321,192 (16.0%) 0.00 176
    2020-03-01 $286,350 (19.4%) $330,865 (16.9%) 0.00 178
    2020-04-01 $285,350 (17.8%) $335,477 (15.1%) 0.00 190
    2020-05-01 $269,900 (1.1%) $315,443 (0.3%) 0.00 186
    2020-06-01 $283,700 (9.1%) $349,728 (14.8%) 0.00 152
    2020-07-01 $282,450 (3.7%) $357,342 (15.9%) 0.00 144
    2020-08-01 $269,900 (-1.5%) $355,371 (12.9%) 0.00 124
    2020-09-01 $267,400 (-0.7%) $349,803 (10.7%) 0.00 132
    2020-10-01 $254,500 (-2.1%) $315,956 (3.5%) 0.00 105
    2020-11-01 $254,225 (-2.2%) $313,558 (-0.9%) 0.00 97
    2020-12-01 $245,475 (-5.3%) $295,971 (-5.0%) 0.00 81
    2021-01-01 $254,000 (-4.4%) $297,727 (-6.1%) 0.00 74
    2021-02-01 $262,400 (-5.4%) $317,250 (-1.2%) 0.00 68
    2021-03-01 $272,450 (-4.9%) $339,717 (2.7%) 0.00 72
    2021-04-01 $276,925 (-3.0%) $360,091 (7.3%) 0.00 72
    2021-05-01 $274,950 (1.9%) $360,202 (14.2%) 0.00 74
    2021-06-01 $283,450 (-0.1%) $365,772 (4.6%) 0.00 88
    2021-07-01 $308,900 (9.4%) $420,601 (17.7%) 0.00 88
    2021-08-01 $314,925 (16.7%) $422,152 (18.8%) 0.00 86
    2021-09-01 $313,425 (17.2%) $424,635 (21.4%) 0.00 86
    2021-10-01 $315,000 (23.8%) $395,655 (25.2%) 0.00 83
    2021-11-01 $269,900 (6.2%) $367,707 (17.3%) 0.00 73
    2021-12-01 $278,750 (13.6%) $403,220 (36.2%) 0.00 61
    2022-01-01 $299,900 (18.1%) $444,392 (49.3%) 0.00 43
    2022-02-01 $317,500 (21.0%) $453,420 (42.9%) 0.00 40
    2022-03-01 $333,150 (22.3%) $415,755 (22.4%) 0.00 51
    2022-04-01 $347,900 (25.6%) $464,835 (29.1%) 0.00 47
    2022-05-01 $392,175 (42.6%) $466,639 (29.6%) 0.00 64
    2022-06-01 $389,000 (37.2%) $481,074 (31.5%) 0.00 77
    2022-07-01 $359,500 (16.4%) $453,217 (7.8%) 0.00 92
    2022-08-01 $394,450 (25.3%) $469,710 (11.3%) 0.00 91
    2022-09-01 $399,000 (27.3%) $474,482 (11.7%) 0.00 90
    2022-10-01 $379,900 (20.6%) $435,814 (10.2%) 0.00 99
    2022-11-01 $358,225 (32.7%) $411,618 (11.9%) 0.00 108
    2022-12-01 $367,400 (31.8%) $411,078 (2.0%) 0.00 96
    2023-01-01 $369,900 (23.3%) $407,758 (-8.2%) 0.00 79
    2023-02-01 $385,000 (21.3%) $425,340 (-6.2%) 0.00 67
    2023-03-01 $369,900 (11.0%) $421,855 (1.5%) 0.00 67
    2023-04-01 $350,000 (0.6%) $492,905 (6.0%) 0.00 66
    Baraboo's median listing price for 2023-04-01 was $350,000, a difference of $2,100 (0.6%) versus the prior year and $-19,900 versus the prior month.

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

    Baraboo's average listing price for 2023-04-01 was $492,905, a difference of $28,070 (6.0%) versus the prior year and $71,050 versus the prior month.

    For the 2023-04-01 period, Baraboo had 66 MLS listings, a difference of -1 listings (-1%) versus the prior month and 19 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Baraboo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,810 sqft
    2018-02-01 0 days 1,897 sqft
    2018-03-01 0 days 1,899 sqft
    2018-04-01 0 days 1,949 sqft
    2018-05-01 0 days 1,939 sqft
    2018-06-01 0 days 1,954 sqft
    2018-07-01 0 days 1,942 sqft
    2018-08-01 0 days 2,000 sqft
    2018-09-01 0 days 2,000 sqft
    2018-10-01 0 days 1,863 sqft
    2018-11-01 0 days 1,776 sqft
    2018-12-01 0 days 1,776 sqft
    2019-01-01 0 days 1,784 sqft
    2019-02-01 0 days 1,776 sqft
    2019-03-01 0 days 1,760 sqft
    2019-04-01 0 days 1,778 sqft
    2019-05-01 0 days 1,850 sqft
    2019-06-01 0 days 1,828 sqft
    2019-07-01 0 days 1,832 sqft
    2019-08-01 0 days 1,854 sqft
    2019-09-01 0 days 1,875 sqft
    2019-10-01 0 days 1,845 sqft
    2019-11-01 0 days 1,774 sqft
    2019-12-01 0 days 1,783 sqft
    2020-01-01 0 days 1,800 sqft
    2020-02-01 0 days 1,792 sqft
    2020-03-01 0 days 1,863 sqft
    2020-04-01 0 days 1,900 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,808 sqft
    2020-07-01 0 days 1,850 sqft
    2020-08-01 0 days 1,800 sqft
    2020-09-01 0 days 1,781 sqft
    2020-10-01 0 days 1,732 sqft
    2020-11-01 0 days 1,692 sqft
    2020-12-01 0 days 1,648 sqft
    2021-01-01 0 days 1,624 sqft
    2021-02-01 0 days 1,613 sqft
    2021-03-01 0 days 1,688 sqft
    2021-04-01 0 days 1,672 sqft
    2021-05-01 0 days 1,645 sqft
    2021-06-01 0 days 1,759 sqft
    2021-07-01 0 days 1,859 sqft
    2021-08-01 0 days 1,967 sqft
    2021-09-01 0 days 1,950 sqft
    2021-10-01 0 days 1,909 sqft
    2021-11-01 0 days 1,776 sqft
    2021-12-01 0 days 1,864 sqft
    2022-01-01 0 days 1,866 sqft
    2022-02-01 0 days 1,835 sqft
    2022-03-01 0 days 1,669 sqft
    2022-04-01 0 days 1,723 sqft
    2022-05-01 0 days 1,881 sqft
    2022-06-01 0 days 2,015 sqft
    2022-07-01 0 days 1,801 sqft
    2022-08-01 0 days 1,887 sqft
    2022-09-01 0 days 2,035 sqft
    2022-10-01 0 days 1,832 sqft
    2022-11-01 0 days 1,774 sqft
    2022-12-01 0 days 1,744 sqft
    2023-01-01 0 days 1,681 sqft
    2023-02-01 0 days 1,681 sqft
    2023-03-01 0 days 1,725 sqft
    2023-04-01 0 days 1,747 sqft
    Baraboo's median listing age (time on market) for 2023-04-01 was 0 days.

    Baraboo's median square footage for active listings during the 2023-04-01 period was 1,747 sqft. One year prior, the average listing was 1,723 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.