Beaver Dam VA Loan Rates, Closing Costs & Stats
Beaver Dam, 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.
Beaver Dam's 40 lenders originated 93 VA loans during 2022. The total origination value was $22,655,000, with an average VA loan value of $243,602.
Beaver Dam VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Beaver Dam
averaged
6.36%
for the week of 2023-05-26, compared to the national average (all VA variants) of
6.408% for the same period.
Beaver Dam's average VA mortgage closing costs are $4,722.
The average rate for the prior week (2023-05-19) was
6.08% and
one month ago for the week of 2023-04-21, the
average rate was 5.8%.
The average rate one year ago was 4.67%.
For refis of the same type during the week of 2023-05-26, the average rate
was 5.58%.
Beaver Dam 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 Beaver Dam level.
The top Beaver Dam VA lender as defined by loan originations is Mortgage Research Center, LLC, with
14 VA loans originated. Their average total fees are
$6,049, which is $912
higher than the next largest lender,
NAVY FEDERAL CREDIT UNION.
The lowest fee Beaver Dam VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($6,049), .
The lowest rate Beaver Dam VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (5.23%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Beaver Dam (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $167,350 (8.7%) | $224,862 (8.1%) | 0.00 | 230 |
2018-02-01 | $179,475 (16.2%) | $236,098 (15.8%) | 0.00 | 222 |
2018-03-01 | $185,450 (18.9%) | $240,047 (19.8%) | 0.00 | 225 |
2018-04-01 | $192,175 (6.1%) | $249,444 (11.6%) | 0.00 | 227 |
2018-05-01 | $205,200 (13.6%) | $278,518 (26.6%) | 0.00 | 225 |
2018-06-01 | $219,900 (22.7%) | $279,556 (26.7%) | 0.00 | 236 |
2018-07-01 | $209,900 (13.2%) | $282,413 (26.8%) | 0.00 | 281 |
2018-08-01 | $209,900 (20.2%) | $281,828 (30.0%) | 0.00 | 308 |
2018-09-01 | $199,900 (27.3%) | $266,680 (22.9%) | 0.00 | 323 |
2018-10-01 | $205,000 (31.6%) | $271,829 (31.0%) | 0.00 | 322 |
2018-11-01 | $204,425 (27.6%) | $279,382 (30.6%) | 0.00 | 300 |
2018-12-01 | $199,900 (29.8%) | $272,212 (22.8%) | 0.00 | 257 |
2019-01-01 | $199,900 (25.5%) | $279,419 (21.4%) | 0.00 | 231 |
2019-02-01 | $209,900 (17.5%) | $278,302 (14.5%) | 0.00 | 222 |
2019-03-01 | $219,900 (19.9%) | $280,346 (13.1%) | 0.00 | 218 |
2019-04-01 | $231,200 (21.6%) | $298,070 (16.6%) | 0.00 | 232 |
2019-05-01 | $221,150 (14.1%) | $288,379 (2.7%) | 0.00 | 253 |
2019-06-01 | $235,000 (10.2%) | $286,701 (6.2%) | 0.00 | 263 |
2019-07-01 | $225,900 (13.1%) | $286,761 (4.4%) | 0.00 | 277 |
2019-08-01 | $222,000 (9.4%) | $283,546 (2.4%) | 0.00 | 299 |
2019-09-01 | $219,925 (5.4%) | $274,505 (4.5%) | 0.00 | 323 |
2019-10-01 | $210,000 (1.8%) | $269,752 (-0.2%) | 0.00 | 299 |
2019-11-01 | $194,900 (-4.7%) | $252,317 (-8.6%) | 0.00 | 280 |
2019-12-01 | $199,650 (-4.1%) | $252,837 (-4.9%) | 0.00 | 236 |
2020-01-01 | $199,900 (-2.2%) | $271,388 (2.3%) | 0.00 | 205 |
2020-02-01 | $199,900 (-5.3%) | $270,937 (4.3%) | 0.00 | 202 |
2020-03-01 | $199,974 (-2.1%) | $288,670 (11.5%) | 0.00 | 184 |
2020-04-01 | $208,700 (0.1%) | $289,400 (7.2%) | 0.00 | 176 |
2020-05-01 | $239,000 (7.2%) | $302,157 (16.8%) | 0.00 | 179 |
2020-06-01 | $232,175 (2.3%) | $292,674 (9.4%) | 0.00 | 189 |
2020-07-01 | $239,900 (9.5%) | $296,119 (10.2%) | 0.00 | 193 |
2020-08-01 | $239,900 (14.0%) | $305,400 (15.2%) | 0.00 | 181 |
2020-09-01 | $242,425 (13.0%) | $318,464 (21.3%) | 0.00 | 172 |
2020-10-01 | $254,900 (19.3%) | $329,384 (24.1%) | 0.00 | 162 |
2020-11-01 | $233,650 (12.5%) | $318,518 (28.4%) | 0.00 | 143 |
2020-12-01 | $212,450 (9.3%) | $310,781 (27.8%) | 0.00 | 129 |
2021-01-01 | $217,450 (22.5%) | $308,067 (23.9%) | 0.00 | 118 |
2021-02-01 | $225,000 (13.1%) | $325,644 (35.5%) | 0.00 | 104 |
2021-03-01 | $224,900 (8.7%) | $332,039 (28.3%) | 0.00 | 102 |
2021-04-01 | $234,900 (10.2%) | $340,766 (26.5%) | 0.00 | 109 |
2021-05-01 | $249,900 (15.0%) | $318,351 (3.6%) | 0.00 | 122 |
2021-06-01 | $237,450 (3.1%) | $316,277 (6.7%) | 0.00 | 140 |
2021-07-01 | $249,900 (3.9%) | $325,003 (10.3%) | 0.00 | 144 |
2021-08-01 | $242,388 (-2.8%) | $311,442 (-11.9%) | 0.00 | 173 |
2021-09-01 | $244,675 (-5.0%) | $313,853 (-15.1%) | 0.00 | 170 |
2021-10-01 | $232,450 (-2.3%) | $287,903 (-11.2%) | 0.00 | 167 |
2021-11-01 | $223,550 (5.6%) | $286,402 (-8.1%) | 0.00 | 147 |
2021-12-01 | $232,450 (19.6%) | $297,017 (-4.2%) | 0.00 | 123 |
2022-01-01 | $243,400 (16.3%) | $303,000 (-3.4%) | 0.00 | 82 |
2022-02-01 | $289,900 (41.4%) | $343,997 (-3.0%) | 0.00 | 73 |
2022-03-01 | $309,900 (28.9%) | $349,703 (-5.8%) | 0.00 | 76 |
2022-04-01 | $285,000 (14.5%) | $350,999 (-3.3%) | 0.00 | 104 |
2022-05-01 | $274,900 (1.7%) | $332,614 (4.0%) | 0.00 | 124 |
2022-06-01 | $277,450 (22.0%) | $364,948 (15.9%) | 0.00 | 134 |
2022-07-01 | $289,900 (20.4%) | $369,087 (9.3%) | 0.00 | 139 |
2022-08-01 | $301,200 (24.3%) | $371,918 (33.4%) | 0.00 | 128 |
2022-09-01 | $295,225 (28.2%) | $368,526 (32.5%) | 0.00 | 126 |
2022-10-01 | $289,788 (20.5%) | $365,512 (29.6%) | 0.00 | 127 |
2022-11-01 | $284,803 (24.2%) | $374,356 (30.8%) | 0.00 | 114 |
2022-12-01 | $314,900 (34.0%) | $394,857 (32.7%) | 0.00 | 90 |
2023-01-01 | $334,225 (23.7%) | $388,067 (22.7%) | 0.00 | 75 |
2023-02-01 | $345,675 (11.7%) | $385,171 (10.0%) | 0.00 | 78 |
2023-03-01 | $324,700 (0.0%) | $379,416 (0.0%) | 0.00 | 74 |
2023-04-01 | $299,900 (0.0%) | $367,561 (0.0%) | 0.00 | 90 |
Beaver Dam's median listing price comes in at 0% of the national average.
Beaver Dam's average listing price for 2023-04-01 was $367,561, a difference of $16,562 (0.0%) versus the prior year and $-11,855 versus the prior month.
For the 2023-04-01 period, Beaver Dam had 90 MLS listings, a difference of 16 listings (22%) versus the prior month and -14 listings (-13%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Beaver Dam (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,609 sqft |
2018-02-01 | 0 days | 1,619 sqft |
2018-03-01 | 0 days | 1,700 sqft |
2018-04-01 | 0 days | 1,652 sqft |
2018-05-01 | 0 days | 1,702 sqft |
2018-06-01 | 0 days | 1,731 sqft |
2018-07-01 | 0 days | 1,726 sqft |
2018-08-01 | 0 days | 1,739 sqft |
2018-09-01 | 0 days | 1,668 sqft |
2018-10-01 | 0 days | 1,688 sqft |
2018-11-01 | 0 days | 1,741 sqft |
2018-12-01 | 0 days | 1,700 sqft |
2019-01-01 | 0 days | 1,673 sqft |
2019-02-01 | 0 days | 1,681 sqft |
2019-03-01 | 0 days | 1,668 sqft |
2019-04-01 | 0 days | 1,674 sqft |
2019-05-01 | 0 days | 1,729 sqft |
2019-06-01 | 0 days | 1,800 sqft |
2019-07-01 | 0 days | 1,736 sqft |
2019-08-01 | 0 days | 1,740 sqft |
2019-09-01 | 0 days | 1,755 sqft |
2019-10-01 | 0 days | 1,717 sqft |
2019-11-01 | 0 days | 1,711 sqft |
2019-12-01 | 0 days | 1,700 sqft |
2020-01-01 | 0 days | 1,686 sqft |
2020-02-01 | 0 days | 1,735 sqft |
2020-03-01 | 0 days | 1,723 sqft |
2020-04-01 | 0 days | 1,684 sqft |
2020-05-01 | 0 days | 1,781 sqft |
2020-06-01 | 0 days | 1,721 sqft |
2020-07-01 | 0 days | 1,808 sqft |
2020-08-01 | 0 days | 1,830 sqft |
2020-09-01 | 0 days | 1,879 sqft |
2020-10-01 | 0 days | 1,904 sqft |
2020-11-01 | 0 days | 1,812 sqft |
2020-12-01 | 0 days | 1,714 sqft |
2021-01-01 | 0 days | 1,677 sqft |
2021-02-01 | 0 days | 1,746 sqft |
2021-03-01 | 0 days | 1,779 sqft |
2021-04-01 | 0 days | 1,792 sqft |
2021-05-01 | 0 days | 1,783 sqft |
2021-06-01 | 0 days | 1,723 sqft |
2021-07-01 | 0 days | 1,781 sqft |
2021-08-01 | 0 days | 1,729 sqft |
2021-09-01 | 0 days | 1,724 sqft |
2021-10-01 | 0 days | 1,699 sqft |
2021-11-01 | 0 days | 1,716 sqft |
2021-12-01 | 0 days | 1,747 sqft |
2022-01-01 | 0 days | 1,636 sqft |
2022-02-01 | 0 days | 1,693 sqft |
2022-03-01 | 0 days | 1,620 sqft |
2022-04-01 | 0 days | 1,720 sqft |
2022-05-01 | 0 days | 1,671 sqft |
2022-06-01 | 0 days | 1,711 sqft |
2022-07-01 | 0 days | 1,792 sqft |
2022-08-01 | 0 days | 1,819 sqft |
2022-09-01 | 0 days | 1,780 sqft |
2022-10-01 | 0 days | 1,693 sqft |
2022-11-01 | 0 days | 1,682 sqft |
2022-12-01 | 0 days | 1,696 sqft |
2023-01-01 | 0 days | 1,688 sqft |
2023-02-01 | 0 days | 1,641 sqft |
2023-03-01 | 0 days | 1,625 sqft |
2023-04-01 | 0 days | 1,672 sqft |
Beaver Dam's median square footage for active listings during the 2023-04-01 period was 1,672 sqft. One year prior, the average listing was 1,720 sqft.