Battle Creek VA Loan Rates, Closing Costs & Stats

BATTLE CREEK, MI

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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.

    Battle Creek's 45 lenders originated 203 VA loans during 2024. The total origination value was $49,235,000, with an average VA loan value of $242,537.

    Battle Creek VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Battle Creek averaged 6.46% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Battle Creek's average VA mortgage closing costs are $4,556.

    The average rate for the prior week (2025-03-28) was 6.78% and one month ago for the week of 2025-02-28, the average rate was 6.56%.

    The average rate one year ago was 7.06%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.1%.

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

    Battle Creek 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 Battle Creek level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 49 6.52% $3,925
    UNITED WHOLESALE MORTGAGE, LLC 24 6.00% $4,717
    QUICKEN LOANS, LLC 15 6.11% $9,570
    UNION HOME MORTGAGE CORP. 12 6.80% $5,806
    USAA Federal Savings Bank 8 6.63% $4,998
    PENNYMAC LOAN SERVICES, LLC 8 6.02% $4,714
    FREEDOM MORTGAGE CORPORATION 8 6.11% $7,576
    NEW DAY FINANCIAL, LLC 6 7.54% $10,102
    Mr. Cooper ( Nationstar Mortgage ) 5 6.68% $9,642
    NAVY FEDERAL CREDIT UNION 5 5.90% $3,519
    Plains Commerce Bank 5 6.55% $7,553
    SUCCESS MORTGAGE PARTNERS, INC. 3 6.75% $8,558
    Flagstar Bank, FSB 3 6.00% $5,326
    VILLAGE CAPITAL MORTGAGE 3 5.92% $1,800
    CONTOUR MORTGAGE CORPORATION 2 6.31% $6,126
    GUARANTEED RATE, INC. 2 6.30% $1,661
    JPMorgan Chase Bank 2 6.50% $2,892
    PLANET HOME LENDING, LLC 2 5.75% $1,905
    LAKEVIEW LOAN SERVICING, LLC 2 6.37% $5,516
    LOANDEPOT.COM, LLC 2 4.69% $1,283
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 5.94% $4,456
    The Huntington National Bank 2 6.75% $1,861
    NEWREZ LLC 2 6.44% $11,247
    TOP FLITE FINANCIAL, INC. 2 6.63% $3,808
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.81% $2,354
    Washington Trust Bank 1 6.50% $7,145
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $8,788
    BAY EQUITY LLC 1 5.75% $7,805
    CARDINAL FINANCIAL 1 6.63% $18,249
    CLEARPATH LENDING 1 6.25% $4,181
    CMG MORTGAGE, INC. 1 6.63% $2,974
    EQUITY RESOURCES, INC. 1 5.75% $9,560
    Fifth Third Bank 1 6.13% $8,280
    FIRST COLONY MORTGAGE CORPORATION 1 6.63% $10,156
    FIRST COMMUNITY MORTGAGE, INC. 1 5.88% $19,686
    GUILD MORTGAGE COMPANY 1 7.13% $12,943
    GVC MORTGAGE, INC. 1 6.25% $41
    HALLMARK HOME MORTGAGE, LLC 1 6.75% $4,986
    J. VIRGIL, INC. 1 7.13% $5,563
    MEMBER FIRST MORTGAGE, LLC 1 6.63% $6,069
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $5,448
    T2 FINANCIAL LLC 1 7.63% $11,171
    UNITED 1 6.00% $6,049
    U.S. Bank 1 6.00% $6,049
    ALLIED MORTGAGE GROUP, INC. 1 6.25% $6,476

    The top Battle Creek VA lender as defined by loan originations is Mortgage Research Center, LLC, with 49 VA loans originated. Their average total fees are $3,925, which is $792 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Battle Creek VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,925), UNITED WHOLESALE MORTGAGE, LLC ($4,717), UNION HOME MORTGAGE CORP. ($5,806), QUICKEN LOANS, LLC ($9,570) and .

    The lowest rate Battle Creek VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.00%), QUICKEN LOANS, LLC (6.11%), Mortgage Research Center, LLC (6.52%), UNION HOME MORTGAGE CORP. (6.80%) and .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Battle Creek (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 $95,875 (2.7%) $156,085 (14.8%) 0.37 391
    2018-02-01 $95,075 (-4.0%) $156,867 (13.3%) 0.36 354
    2018-03-01 $95,000 (-3.2%) $163,802 (17.0%) 0.38 319
    2018-04-01 $119,925 (17.6%) $175,134 (4.0%) 0.43 332
    2018-05-01 $139,419 (19.7%) $186,170 (9.7%) 0.49 359
    2018-06-01 $142,500 (16.4%) $190,051 (13.2%) 0.48 409
    2018-07-01 $140,825 (14.6%) $186,774 (11.7%) 0.47 439
    2018-08-01 $139,438 (12.5%) $184,703 (8.7%) 0.47 467
    2018-09-01 $138,250 (20.2%) $186,436 (13.6%) 0.46 484
    2018-10-01 $137,550 (25.1%) $187,102 (16.3%) 0.47 456
    2018-11-01 $129,950 (21.5%) $175,304 (9.6%) 0.45 444
    2018-12-01 $135,000 (30.6%) $177,593 (13.6%) 0.46 435
    2019-01-01 $132,100 (37.8%) $173,268 (11.0%) 0.46 393
    2019-02-01 $136,075 (43.1%) $177,626 (13.2%) 0.45 363
    2019-03-01 $136,786 (44.0%) $180,197 (10.0%) 0.44 357
    2019-04-01 $140,600 (17.2%) $192,978 (10.2%) 0.43 361
    2019-05-01 $149,925 (7.5%) $207,971 (11.7%) 0.46 367
    2019-06-01 $169,900 (19.2%) $227,585 (19.8%) 0.51 356
    2019-07-01 $169,900 (20.7%) $227,153 (21.6%) 0.50 388
    2019-08-01 $167,391 (20.1%) $221,130 (19.7%) 0.51 412
    2019-09-01 $159,802 (15.6%) $209,316 (12.3%) 0.50 428
    2019-10-01 $154,743 (12.5%) $201,440 (7.7%) 0.50 429
    2019-11-01 $149,900 (15.4%) $199,758 (14.0%) 0.49 387
    2019-12-01 $142,500 (5.6%) $189,842 (6.9%) 0.49 353
    2020-01-01 $143,000 (8.3%) $185,292 (6.9%) 0.48 333
    2020-02-01 $140,000 (2.9%) $189,340 (6.6%) 0.45 316
    2020-03-01 $143,475 (4.9%) $201,602 (11.9%) 0.46 267
    2020-04-01 $137,250 (-2.4%) $197,855 (2.5%) 0.44 262
    2020-05-01 $149,900 (0.0%) $207,452 (-0.3%) 0.46 257
    2020-06-01 $169,950 (0.0%) $229,279 (0.7%) 0.51 244
    2020-07-01 $188,775 (11.1%) $244,345 (7.6%) 0.55 220
    2020-08-01 $189,900 (13.5%) $233,224 (5.5%) 0.56 220
    2020-09-01 $164,675 (3.1%) $211,454 (1.0%) 0.47 238
    2020-10-01 $159,900 (3.3%) $223,960 (11.2%) 0.46 237
    2020-11-01 $159,925 (6.7%) $217,594 (8.9%) 0.46 226
    2020-12-01 $150,550 (5.7%) $209,228 (10.2%) 0.45 226
    2021-01-01 $149,900 (4.8%) $207,567 (12.0%) 0.46 203
    2021-02-01 $151,625 (8.3%) $231,970 (22.5%) 0.45 151
    2021-03-01 $176,900 (23.3%) $255,642 (26.8%) 0.48 114
    2021-04-01 $181,225 (32.0%) $273,770 (38.4%) 0.48 102
    2021-05-01 $184,950 (23.4%) $266,593 (28.5%) 0.47 117
    2021-06-01 $172,425 (1.5%) $261,163 (13.9%) 0.43 167
    2021-07-01 $159,900 (-15.3%) $264,274 (8.2%) 0.40 203
    2021-08-01 $163,950 (-13.7%) $250,214 (7.3%) 0.43 225
    2021-09-01 $155,500 (-5.6%) $248,653 (17.6%) 0.42 217
    2021-10-01 $155,000 (-3.1%) $245,609 (9.7%) 0.41 213
    2021-11-01 $167,450 (4.7%) $267,800 (23.1%) 0.45 181
    2021-12-01 $155,999 (3.6%) $278,991 (33.3%) 0.43 149
    2022-01-01 $149,950 (0.0%) $266,375 (28.3%) 0.41 136
    2022-02-01 $161,700 (6.6%) $292,345 (26.0%) 0.41 114
    2022-03-01 $193,450 (9.4%) $318,708 (24.7%) 0.48 113
    2022-04-01 $194,900 (7.6%) $327,476 (19.6%) 0.47 120
    2022-05-01 $214,950 (16.2%) $316,057 (18.6%) 0.50 165
    2022-06-01 $212,500 (23.2%) $309,057 (18.3%) 0.47 203
    2022-07-01 $197,000 (23.2%) $290,395 (9.9%) 0.44 248
    2022-08-01 $194,364 (18.6%) $282,631 (13.0%) 0.47 248
    2022-09-01 $195,250 (25.6%) $255,822 (2.9%) 0.00 264
    2022-10-01 $185,000 (19.4%) $248,141 (1.0%) 0.00 270
    2022-11-01 $187,125 (11.8%) $252,199 (-5.8%) 0.00 277
    2022-12-01 $189,950 (21.8%) $244,865 (-12.2%) 0.00 244
    2023-01-01 $188,225 (25.5%) $233,361 (-12.4%) 0.00 196
    2023-02-01 $181,175 (12.0%) $218,410 (-25.3%) 0.00 167
    2023-03-01 $194,950 (0.8%) $266,132 (-16.5%) 0.00 159
    2023-04-01 $229,950 (18.0%) $288,671 (-11.9%) 0.00 145
    2023-05-01 $249,999 (16.3%) $299,667 (-5.2%) 0.00 165
    2023-06-01 $243,200 (14.5%) $301,345 (-2.5%) 0.00 168
    2023-07-01 $240,000 (21.8%) $299,069 (3.0%) 0.00 191
    2023-08-01 $227,450 (17.0%) $295,742 (4.6%) 0.00 209
    2023-09-01 $220,000 (12.7%) $286,637 (12.1%) 0.00 215
    2023-10-01 $227,450 (23.0%) $283,830 (14.4%) 0.00 225
    2023-11-01 $217,450 (16.2%) $273,100 (8.3%) 0.00 232
    2023-12-01 $195,000 (2.7%) $256,206 (4.6%) 0.00 203
    2024-01-01 $192,000 (2.0%) $242,606 (4.0%) 0.00 187
    2024-02-01 $207,975 (14.8%) $258,066 (18.2%) 0.00 195
    2024-03-01 $249,900 (28.2%) $282,869 (6.3%) 0.00 190
    2024-04-01 $250,380 (8.9%) $283,051 (-2.0%) 0.00 181
    2024-05-01 $261,377 (4.6%) $305,778 (2.0%) 0.00 192
    2024-06-01 $250,000 (2.8%) $283,989 (-5.8%) 0.00 231
    2024-07-01 $253,415 (5.6%) $297,201 (-0.6%) 0.00 252
    2024-08-01 $249,900 (9.9%) $294,766 (-0.3%) 0.00 262
    2024-09-01 $244,950 (11.3%) $289,539 (1.0%) 0.00 290
    2024-10-01 $232,850 (2.4%) $277,516 (-2.2%) 0.00 301
    2024-11-01 $219,900 (1.1%) $268,794 (-1.6%) 0.00 293
    2024-12-01 $189,700 (-2.7%) $241,218 (-5.9%) 0.00 259
    2025-01-01 $189,763 (-1.2%) $240,991 (-0.7%) 0.00 237
    2025-02-01 $209,900 (0.9%) $261,381 (1.3%) 0.00 209
    2025-03-01 $235,000 (-6.0%) $274,417 (-3.0%) 0.00 194
    Battle Creek's median listing price for 2025-03-01 was $235,000, a difference of $-14,900 (-6.0%) versus the prior year and $25,100 versus the prior month.

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

    Battle Creek's average listing price for 2025-03-01 was $274,417, a difference of $-8,452 (-3.0%) versus the prior year and $13,036 versus the prior month.

    For the 2025-03-01 period, Battle Creek had 194 MLS listings, a difference of -15 listings (-7%) versus the prior month and 4 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Battle Creek (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 78 days 1,544 sqft
    2018-02-01 72 days 1,572 sqft
    2018-03-01 61 days 1,626 sqft
    2018-04-01 50 days 1,665 sqft
    2018-05-01 45 days 1,726 sqft
    2018-06-01 42 days 1,792 sqft
    2018-07-01 45 days 1,690 sqft
    2018-08-01 43 days 1,706 sqft
    2018-09-01 45 days 1,711 sqft
    2018-10-01 54 days 1,699 sqft
    2018-11-01 60 days 1,641 sqft
    2018-12-01 69 days 1,664 sqft
    2019-01-01 72 days 1,635 sqft
    2019-02-01 65 days 1,597 sqft
    2019-03-01 57 days 1,588 sqft
    2019-04-01 51 days 1,608 sqft
    2019-05-01 45 days 1,621 sqft
    2019-06-01 50 days 1,703 sqft
    2019-07-01 51 days 1,744 sqft
    2019-08-01 52 days 1,771 sqft
    2019-09-01 52 days 1,760 sqft
    2019-10-01 56 days 1,757 sqft
    2019-11-01 57 days 1,678 sqft
    2019-12-01 68 days 1,724 sqft
    2020-01-01 73 days 1,673 sqft
    2020-02-01 66 days 1,620 sqft
    2020-03-01 62 days 1,674 sqft
    2020-04-01 62 days 1,619 sqft
    2020-05-01 72 days 1,679 sqft
    2020-06-01 58 days 1,755 sqft
    2020-07-01 52 days 1,736 sqft
    2020-08-01 53 days 1,654 sqft
    2020-09-01 49 days 1,556 sqft
    2020-10-01 49 days 1,556 sqft
    2020-11-01 57 days 1,556 sqft
    2020-12-01 60 days 1,567 sqft
    2021-01-01 71 days 1,556 sqft
    2021-02-01 86 days 1,556 sqft
    2021-03-01 84 days 1,556 sqft
    2021-04-01 53 days 1,591 sqft
    2021-05-01 42 days 1,616 sqft
    2021-06-01 34 days 1,616 sqft
    2021-07-01 35 days 1,616 sqft
    2021-08-01 37 days 1,585 sqft
    2021-09-01 46 days 1,533 sqft
    2021-10-01 49 days 1,577 sqft
    2021-11-01 53 days 1,613 sqft
    2021-12-01 61 days 1,611 sqft
    2022-01-01 67 days 1,586 sqft
    2022-02-01 76 days 1,527 sqft
    2022-03-01 59 days 1,587 sqft
    2022-04-01 42 days 1,616 sqft
    2022-05-01 32 days 1,609 sqft
    2022-06-01 35 days 1,599 sqft
    2022-07-01 42 days 1,616 sqft
    2022-08-01 43 days 1,597 sqft
    2022-09-01 0 days 1,624 sqft
    2022-10-01 0 days 1,616 sqft
    2022-11-01 0 days 1,565 sqft
    2022-12-01 0 days 1,611 sqft
    2023-01-01 0 days 1,581 sqft
    2023-02-01 0 days 1,616 sqft
    2023-03-01 0 days 1,616 sqft
    2023-04-01 0 days 1,616 sqft
    2023-05-01 0 days 1,616 sqft
    2023-06-01 0 days 1,616 sqft
    2023-07-01 0 days 1,616 sqft
    2023-08-01 0 days 1,554 sqft
    2023-09-01 0 days 1,568 sqft
    2023-10-01 0 days 1,560 sqft
    2023-11-01 0 days 1,540 sqft
    2023-12-01 0 days 1,496 sqft
    2024-01-01 0 days 1,495 sqft
    2024-02-01 0 days 1,487 sqft
    2024-03-01 0 days 1,552 sqft
    2024-04-01 0 days 1,592 sqft
    2024-05-01 0 days 1,616 sqft
    2024-06-01 0 days 1,616 sqft
    2024-07-01 0 days 1,622 sqft
    2024-08-01 0 days 1,674 sqft
    2024-09-01 0 days 1,671 sqft
    2024-10-01 0 days 1,660 sqft
    2024-11-01 0 days 1,627 sqft
    2024-12-01 0 days 1,582 sqft
    2025-01-01 0 days 1,611 sqft
    2025-02-01 0 days 1,626 sqft
    2025-03-01 0 days 1,664 sqft
    Battle Creek's median listing age (time on market) for 2025-03-01 was 0 days.

    Battle Creek's median square footage for active listings during the 2025-03-01 period was 1,664 sqft. One year prior, the average listing was 1,552 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.