Baraboo VA Loan Rates, Closing Costs & Stats

Baraboo, WI

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.