Blytheville VA Loan Rates, Closing Costs & Stats

Blytheville, AR

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.

Blytheville's 22 lenders originated 55 VA loans during 2021. The total origination value was $9,675,000, with an average VA loan value of $175,909.

Blytheville VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Blytheville averaged 6.85% for the week of 2022-12-02, compared to the national average (all VA variants) of 6.292% for the same period.

Blytheville's average VA mortgage closing costs are $3,674.

The average rate for the prior week (2022-11-25) was 6.78% and one month ago for the week of 2022-10-28, the average rate was 6.97%.

The average rate one year ago was 3.75%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.25%.

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

Blytheville 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 Blytheville level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Mortgage Research Center, LLC 11 2.89% $4,445
QUICKEN LOANS, LLC 6 2.44% $3,666
PENNYMAC LOAN SERVICES, LLC 4 2.47% $4,454
ACCELERATE MORTGAGE, LLC 4 2.13% $5,552
FREEDOM MORTGAGE CORPORATION 3 2.96% $1,857
NEW DAY FINANCIAL, LLC 2 2.50% $2,083
First Financial Bank 1 2.75% $5,348
First Guaranty Mortgage Corporation 1 2.75% $4,541
LAKEVIEW LOAN SERVICING, LLC 1 2.88% $943
LOANDEPOT.COM, LLC 1 3.99% $846
Mid-Continent Funding, Inc. 1 3.25% $1,365
Mr. Cooper ( Nationstar Mortgage ) 1 3.13% $779
NAVY FEDERAL CREDIT UNION 1 2.63% $1,395
The Federal Savings Bank 1 2.75% $12,920
USAA Federal Savings Bank 1 3.00% $0
VILLAGE CAPITAL MORTGAGE 1 1.75% $3,141
Wells Fargo Bank 1 2.75% $2,519
AMERISAVE MORTGAGE CORPORATION 1 3.25% $5,076
Barrington Bank & Trust Company, N.A. 1 5.75% $7,112
COMMUNITY MORTGAGE CORPORATION 1 2.88% $5,381
DAS Acquisition Company, LLC 1 3.25% $0
Eagle Bank and Trust Company 1 2.38% $16,790

The top Blytheville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 11 VA loans originated. Their average total fees are $4,445, which is $779 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Blytheville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,445), .

The lowest rate Blytheville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (2.89%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Blytheville (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 $87,500 (0.3%) $118,019 (-1.8%) 0.00 206
2018-02-01 $86,250 (2.0%) $119,166 (3.4%) 0.00 201
2018-03-01 $87,700 (2.1%) $120,885 (3.9%) 0.00 208
2018-04-01 $86,975 (2.4%) $115,555 (0.1%) 0.00 206
2018-05-01 $85,000 (-0.2%) $117,834 (3.9%) 0.00 199
2018-06-01 $86,250 (-3.1%) $116,428 (1.6%) 0.00 203
2018-07-01 $89,000 (0.0%) $123,255 (10.7%) 0.00 196
2018-08-01 $89,975 (0.1%) $126,676 (9.2%) 0.00 195
2018-09-01 $103,950 (15.6%) $130,407 (12.6%) 0.00 189
2018-10-01 $106,700 (18.7%) $128,285 (10.0%) 0.00 188
2018-11-01 $103,650 (15.9%) $125,426 (7.2%) 0.00 197
2018-12-01 $109,900 (23.5%) $128,548 (10.4%) 0.00 194
2019-01-01 $108,700 (24.2%) $129,799 (10.0%) 0.00 191
2019-02-01 $96,125 (11.5%) $122,379 (2.7%) 0.00 195
2019-03-01 $94,143 (7.4%) $119,425 (-1.2%) 0.00 203
2019-04-01 $94,143 (8.2%) $118,631 (2.7%) 0.00 208
2019-05-01 $92,100 (8.4%) $115,356 (-2.1%) 0.00 198
2019-06-01 $94,900 (10.0%) $115,773 (-0.6%) 0.00 203
2019-07-01 $89,300 (0.3%) $114,237 (-7.3%) 0.00 206
2019-08-01 $90,200 (0.3%) $114,240 (-9.8%) 0.00 198
2019-09-01 $90,650 (-12.8%) $115,659 (-11.3%) 0.00 198
2019-10-01 $91,950 (-13.8%) $117,537 (-8.4%) 0.00 199
2019-11-01 $89,950 (-13.2%) $116,744 (-6.9%) 0.00 196
2019-12-01 $89,975 (-18.1%) $117,410 (-8.7%) 0.00 188
2020-01-01 $89,900 (-17.3%) $116,834 (-10.0%) 0.00 190
2020-02-01 $80,000 (-16.8%) $114,494 (-6.4%) 0.00 181
2020-03-01 $79,900 (-15.1%) $110,296 (-7.6%) 0.00 171
2020-04-01 $77,800 (-17.4%) $108,267 (-8.7%) 0.00 163
2020-05-01 $75,000 (-18.6%) $107,694 (-6.6%) 0.00 152
2020-06-01 $79,900 (-15.8%) $111,166 (-4.0%) 0.00 147
2020-07-01 $79,900 (-10.5%) $113,737 (-0.4%) 0.00 130
2020-08-01 $75,000 (-16.9%) $109,478 (-4.2%) 0.00 124
2020-09-01 $75,000 (-17.3%) $107,807 (-6.8%) 0.00 122
2020-10-01 $75,000 (-18.4%) $112,593 (-4.2%) 0.00 112
2020-11-01 $75,000 (-16.6%) $114,193 (-2.2%) 0.00 108
2020-12-01 $78,975 (-12.2%) $119,550 (1.8%) 0.00 110
2021-01-01 $80,000 (-11.0%) $125,388 (7.3%) 0.00 111
2021-02-01 $77,500 (-3.1%) $114,789 (0.3%) 0.00 85
2021-03-01 $79,900 (0.0%) $122,225 (10.8%) 0.00 81
2021-04-01 $82,500 (6.0%) $125,660 (16.1%) 0.00 81
2021-05-01 $79,900 (6.5%) $126,191 (17.2%) 0.00 73
2021-06-01 $89,450 (12.0%) $131,057 (17.9%) 0.00 75
2021-07-01 $82,900 (3.8%) $131,557 (15.7%) 0.00 84
2021-08-01 $81,025 (8.0%) $129,332 (18.1%) 0.00 94
2021-09-01 $79,925 (6.6%) $135,867 (26.0%) 0.00 90
2021-10-01 $95,000 (26.7%) $143,335 (27.3%) 0.00 90
2021-11-01 $95,950 (27.9%) $149,292 (30.7%) 0.00 94
2021-12-01 $97,450 (23.4%) $139,010 (16.3%) 0.00 93
2022-01-01 $99,000 (23.8%) $135,597 (8.1%) 0.00 90
2022-02-01 $103,450 (33.5%) $144,589 (26.0%) 0.00 86
2022-03-01 $99,900 (25.0%) $139,161 (13.9%) 0.00 75
2022-04-01 $89,900 (9.0%) $135,494 (7.8%) 0.00 70
2022-05-01 $98,675 (23.5%) $148,793 (17.9%) 0.00 61
2022-06-01 $103,675 (15.9%) $148,853 (13.6%) 0.00 69
2022-07-01 $109,900 (32.6%) $161,904 (23.1%) 0.00 83
2022-08-01 $99,900 (23.3%) $157,363 (21.7%) 0.00 84
2022-09-01 $115,000 (43.9%) $158,705 (16.8%) 0.00 85
2022-10-01 $118,000 (24.2%) $168,120 (17.3%) 0.00 84
2022-11-01 $122,400 (27.6%) $176,531 (18.3%) 0.00 93
Blytheville's median listing price for 2022-11-01 was $122,400, a difference of $26,450 (27.6%) versus the prior year and $4,400 versus the prior month.

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

Blytheville's average listing price for 2022-11-01 was $176,531, a difference of $27,239 (18.3%) versus the prior year and $8,411 versus the prior month.

For the 2022-11-01 period, Blytheville had 93 MLS listings, a difference of 9 listings (11%) versus the prior month and -1 listings (-1%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Blytheville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,747 sqft
2018-02-01 0 days 1,747 sqft
2018-03-01 0 days 1,749 sqft
2018-04-01 0 days 1,797 sqft
2018-05-01 0 days 1,860 sqft
2018-06-01 0 days 1,872 sqft
2018-07-01 0 days 1,915 sqft
2018-08-01 0 days 1,892 sqft
2018-09-01 0 days 1,826 sqft
2018-10-01 0 days 1,837 sqft
2018-11-01 0 days 1,812 sqft
2018-12-01 0 days 1,870 sqft
2019-01-01 0 days 1,903 sqft
2019-02-01 0 days 1,803 sqft
2019-03-01 0 days 1,765 sqft
2019-04-01 0 days 1,728 sqft
2019-05-01 0 days 1,731 sqft
2019-06-01 0 days 1,736 sqft
2019-07-01 0 days 1,734 sqft
2019-08-01 0 days 1,747 sqft
2019-09-01 0 days 1,763 sqft
2019-10-01 0 days 1,788 sqft
2019-11-01 0 days 1,739 sqft
2019-12-01 0 days 1,724 sqft
2020-01-01 0 days 1,654 sqft
2020-02-01 0 days 1,662 sqft
2020-03-01 0 days 1,582 sqft
2020-04-01 0 days 1,565 sqft
2020-05-01 0 days 1,513 sqft
2020-06-01 0 days 1,568 sqft
2020-07-01 0 days 1,582 sqft
2020-08-01 0 days 1,525 sqft
2020-09-01 0 days 1,548 sqft
2020-10-01 0 days 1,560 sqft
2020-11-01 0 days 1,550 sqft
2020-12-01 0 days 1,559 sqft
2021-01-01 0 days 1,551 sqft
2021-02-01 0 days 1,544 sqft
2021-03-01 0 days 1,631 sqft
2021-04-01 0 days 1,598 sqft
2021-05-01 0 days 1,568 sqft
2021-06-01 0 days 1,568 sqft
2021-07-01 0 days 1,568 sqft
2021-08-01 0 days 1,555 sqft
2021-09-01 0 days 1,548 sqft
2021-10-01 0 days 1,565 sqft
2021-11-01 0 days 1,599 sqft
2021-12-01 0 days 1,626 sqft
2022-01-01 0 days 1,580 sqft
2022-02-01 0 days 1,578 sqft
2022-03-01 0 days 1,510 sqft
2022-04-01 0 days 1,468 sqft
2022-05-01 0 days 1,433 sqft
2022-06-01 0 days 1,486 sqft
2022-07-01 0 days 1,570 sqft
2022-08-01 0 days 1,507 sqft
2022-09-01 0 days 1,475 sqft
2022-10-01 0 days 1,486 sqft
2022-11-01 0 days 1,521 sqft
Blytheville's median listing age (time on market) for 2022-11-01 was 0 days.

Blytheville's median square footage for active listings during the 2022-11-01 period was 1,521 sqft. One year prior, the average listing was 1,599 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.