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 6.01% for the week of 2024-03-01, compared to the national average (all VA variants) of 6.517% for the same period.

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

The average rate for the prior week (2024-02-23) was 6.03% and one month ago for the week of 2024-01-26, the average rate was 6.16%.

The average rate one year ago was 6%.

For refis of the same type during the week of 2024-03-01, the average rate was 5%.

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 $227,975 (15.5%) $264,699 (-3.5%) 0.00 288
2018-02-01 $244,975 (24.9%) $276,284 (-0.5%) 0.00 260
2018-03-01 $249,900 (17.5%) $278,239 (0.5%) 0.00 285
2018-04-01 $249,675 (13.6%) $282,934 (2.2%) 0.00 302
2018-05-01 $249,225 (13.9%) $284,928 (5.3%) 0.00 329
2018-06-01 $249,000 (10.9%) $284,452 (4.6%) 0.00 348
2018-07-01 $253,175 (13.3%) $291,188 (6.6%) 0.00 353
2018-08-01 $249,450 (13.3%) $294,168 (7.3%) 0.00 355
2018-09-01 $249,900 (9.2%) $296,095 (6.5%) 0.00 347
2018-10-01 $239,450 (4.4%) $281,639 (3.7%) 0.00 347
2018-11-01 $231,450 (0.6%) $270,340 (0.5%) 0.00 331
2018-12-01 $229,900 (0.3%) $265,516 (0.9%) 0.00 292
2019-01-01 $229,925 (-0.5%) $273,339 (3.6%) 0.00 273
2019-02-01 $237,000 (-4.0%) $275,989 (0.4%) 0.00 244
2019-03-01 $234,493 (-7.9%) $278,326 (-0.1%) 0.00 264
2019-04-01 $236,993 (-3.1%) $286,450 (3.3%) 0.00 286
2019-05-01 $252,950 (9.1%) $301,782 (12.0%) 0.00 307
2019-06-01 $255,950 (4.4%) $303,603 (5.9%) 0.00 322
2019-07-01 $259,450 (7.0%) $305,472 (4.4%) 0.00 324
2019-08-01 $258,536 (4.8%) $305,487 (2.4%) 0.00 320
2019-09-01 $256,491 (5.3%) $306,070 (2.5%) 0.00 316
2019-10-01 $255,127 (8.3%) $305,067 (8.0%) 0.00 308
2019-11-01 $254,900 (12.4%) $312,610 (18.2%) 0.00 265
2019-12-01 $251,150 (12.7%) $304,905 (17.8%) 0.00 255
2020-01-01 $252,400 (15.6%) $310,360 (16.6%) 0.00 225
2020-02-01 $254,900 (15.8%) $311,415 (16.0%) 0.00 225
2020-03-01 $267,400 (19.6%) $323,138 (18.0%) 0.00 222
2020-04-01 $267,400 (17.8%) $324,110 (15.3%) 0.00 230
2020-05-01 $257,400 (1.1%) $307,687 (0.3%) 0.00 226
2020-06-01 $256,150 (9.1%) $323,975 (14.8%) 0.00 194
2020-07-01 $254,900 (3.7%) $329,456 (15.9%) 0.00 181
2020-08-01 $249,900 (1.0%) $326,796 (15.9%) 0.00 158
2020-09-01 $248,950 (1.6%) $319,346 (14.2%) 0.00 169
2020-10-01 $245,450 (-2.1%) $296,144 (3.5%) 0.00 135
2020-11-01 $239,450 (-2.2%) $294,653 (-0.9%) 0.00 128
2020-12-01 $226,950 (-5.3%) $274,462 (-5.0%) 0.00 113
2021-01-01 $226,950 (-4.4%) $271,348 (-6.1%) 0.00 102
2021-02-01 $227,400 (-5.4%) $288,977 (-1.2%) 0.00 96
2021-03-01 $229,450 (-4.9%) $313,587 (2.7%) 0.00 97
2021-04-01 $226,950 (-3.0%) $322,883 (7.3%) 0.00 102
2021-05-01 $229,450 (1.9%) $317,768 (14.2%) 0.00 99
2021-06-01 $243,425 (-0.1%) $344,835 (4.6%) 0.00 111
2021-07-01 $270,000 (9.4%) $376,331 (17.7%) 0.00 110
2021-08-01 $278,650 (16.7%) $374,446 (18.8%) 0.00 109
2021-09-01 $276,950 (17.2%) $380,388 (21.4%) 0.00 107
2021-10-01 $269,900 (23.8%) $362,199 (25.2%) 0.00 103
2021-11-01 $244,900 (6.2%) $345,297 (17.3%) 0.00 87
2021-12-01 $246,150 (13.6%) $362,629 (36.2%) 0.00 80
2022-01-01 $265,000 (18.1%) $375,970 (49.3%) 0.00 61
2022-02-01 $259,950 (21.0%) $378,448 (42.9%) 0.00 56
2022-03-01 $282,475 (22.3%) $359,174 (22.4%) 0.00 68
2022-04-01 $307,450 (25.6%) $406,082 (29.1%) 0.00 66
2022-05-01 $341,175 (42.6%) $416,830 (29.6%) 0.00 84
2022-06-01 $351,950 (37.2%) $433,231 (31.5%) 0.00 98
2022-07-01 $311,400 (16.4%) $391,247 (7.8%) 0.00 126
2022-08-01 $334,950 (25.3%) $406,005 (11.3%) 0.00 121
2022-09-01 $347,400 (27.3%) $406,351 (11.7%) 0.00 119
2022-10-01 $319,900 (20.6%) $384,192 (10.2%) 0.00 128
2022-11-01 $315,750 (32.7%) $368,254 (11.9%) 0.00 132
2022-12-01 $299,900 (31.8%) $359,657 (2.0%) 0.00 122
2023-01-01 $286,675 (23.3%) $357,792 (-8.2%) 0.00 101
2023-02-01 $293,225 (21.3%) $361,103 (-6.2%) 0.00 90
2023-03-01 $324,225 (11.0%) $367,528 (1.5%) 0.00 85
2023-04-01 $291,000 (0.6%) $425,961 (6.0%) 0.00 86
2023-05-01 $304,950 (-6.6%) $462,800 (15.5%) 0.00 86
2023-06-01 $338,504 (0.0%) $482,811 (14.7%) 0.00 99
2023-07-01 $299,900 (-2.7%) $445,683 (10.1%) 0.00 121
2023-08-01 $319,900 (-9.1%) $445,171 (3.8%) 0.00 126
2023-09-01 $350,000 (-7.3%) $473,779 (6.5%) 0.00 144
2023-10-01 $357,500 (-0.3%) $497,867 (24.4%) 0.00 143
2023-11-01 $369,725 (9.5%) $495,495 (33.0%) 0.00 146
2023-12-01 $354,500 (0.0%) $488,501 (0.0%) 0.00 142
2024-01-01 $348,200 (0.0%) $483,043 (0.0%) 0.00 138
Baraboo's median listing price for 2024-01-01 was $348,200, a difference of $61,525 (0.0%) versus the prior year and $-6,300 versus the prior month.

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

Baraboo's average listing price for 2024-01-01 was $483,043, a difference of $125,251 (0.0%) versus the prior year and $-5,458 versus the prior month.

For the 2024-01-01 period, Baraboo had 138 MLS listings, a difference of -4 listings (-3%) versus the prior month and 37 listings (37%) 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 1,789 sqft
2018-02-01 0 days 1,803 sqft
2018-03-01 0 days 1,800 sqft
2018-04-01 0 days 1,899 sqft
2018-05-01 0 days 1,878 sqft
2018-06-01 0 days 1,874 sqft
2018-07-01 0 days 1,854 sqft
2018-08-01 0 days 1,867 sqft
2018-09-01 0 days 1,900 sqft
2018-10-01 0 days 1,800 sqft
2018-11-01 0 days 1,776 sqft
2018-12-01 0 days 1,778 sqft
2019-01-01 0 days 1,783 sqft
2019-02-01 0 days 1,770 sqft
2019-03-01 0 days 1,705 sqft
2019-04-01 0 days 1,742 sqft
2019-05-01 0 days 1,784 sqft
2019-06-01 0 days 1,784 sqft
2019-07-01 0 days 1,812 sqft
2019-08-01 0 days 1,788 sqft
2019-09-01 0 days 1,795 sqft
2019-10-01 0 days 1,799 sqft
2019-11-01 0 days 1,722 sqft
2019-12-01 0 days 1,720 sqft
2020-01-01 0 days 1,784 sqft
2020-02-01 0 days 1,724 sqft
2020-03-01 0 days 1,803 sqft
2020-04-01 0 days 1,829 sqft
2020-05-01 0 days 1,800 sqft
2020-06-01 0 days 1,752 sqft
2020-07-01 0 days 1,730 sqft
2020-08-01 0 days 1,744 sqft
2020-09-01 0 days 1,724 sqft
2020-10-01 0 days 1,732 sqft
2020-11-01 0 days 1,678 sqft
2020-12-01 0 days 1,600 sqft
2021-01-01 0 days 1,591 sqft
2021-02-01 0 days 1,580 sqft
2021-03-01 0 days 1,674 sqft
2021-04-01 0 days 1,637 sqft
2021-05-01 0 days 1,581 sqft
2021-06-01 0 days 1,708 sqft
2021-07-01 0 days 1,750 sqft
2021-08-01 0 days 1,836 sqft
2021-09-01 0 days 1,885 sqft
2021-10-01 0 days 1,790 sqft
2021-11-01 0 days 1,657 sqft
2021-12-01 0 days 1,735 sqft
2022-01-01 0 days 1,744 sqft
2022-02-01 0 days 1,632 sqft
2022-03-01 0 days 1,590 sqft
2022-04-01 0 days 1,586 sqft
2022-05-01 0 days 1,751 sqft
2022-06-01 0 days 1,800 sqft
2022-07-01 0 days 1,703 sqft
2022-08-01 0 days 1,771 sqft
2022-09-01 0 days 1,785 sqft
2022-10-01 0 days 1,718 sqft
2022-11-01 0 days 1,684 sqft
2022-12-01 0 days 1,653 sqft
2023-01-01 0 days 1,587 sqft
2023-02-01 0 days 1,604 sqft
2023-03-01 0 days 1,616 sqft
2023-04-01 0 days 1,635 sqft
2023-05-01 0 days 1,784 sqft
2023-06-01 0 days 1,829 sqft
2023-07-01 0 days 1,770 sqft
2023-08-01 0 days 1,809 sqft
2023-09-01 0 days 1,869 sqft
2023-10-01 0 days 1,877 sqft
2023-11-01 0 days 1,869 sqft
2023-12-01 0 days 1,803 sqft
2024-01-01 0 days 1,784 sqft
Baraboo's median listing age (time on market) for 2024-01-01 was 0 days.

Baraboo's median square footage for active listings during the 2024-01-01 period was 1,784 sqft. One year prior, the average listing was 1,587 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.