Boulder VA Loan Rates, Closing Costs & Stats

BOULDER, CO

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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.

    Boulder's 42 lenders originated 116 VA loans during 2023. The total origination value was $75,340,000, with an average VA loan value of $649,483.

    Boulder VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Boulder averaged 0.15% for the week of 2024-11-15, compared to the national average (all VA variants) of 0% for the same period.

    Boulder's average VA mortgage closing costs are $8,106.

    The average rate for the prior week (2024-11-08) was 6.16% and one month ago for the week of 2024-10-11, the average rate was 5.82%.

    The average rate one year ago was 7.21%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.03%.

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

    Boulder 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 Boulder level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 18 6.18% $11,180
    CMG MORTGAGE, INC. 8 6.13% $15,733
    Mortgage Research Center, LLC 6 6.87% $11,032
    Elevations Credit Union 5 6.40% $13,838
    JET HOMELOANS, LLC 4 6.19% $13,595
    V.I.P. MORTGAGE, INC. 4 6.53% $6,034
    NAVY FEDERAL CREDIT UNION 4 5.47% $5,783
    Plains Commerce Bank 4 5.59% $16,482
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.38% $12,266
    GUILD MORTGAGE COMPANY 3 7.08% $19,128
    PENNYMAC LOAN SERVICES, LLC 3 6.08% $16,204
    QUICKEN LOANS, LLC 3 6.21% $20,390
    EAGLE HOME MORTGAGE, LLC 3 5.42% $3,423
    BROKER SOLUTIONS, INC. 3 6.46% $5,755
    CORNERSTONE HOME LENDING, INC. 2 6.50% $15,525
    NEW DAY FINANCIAL, LLC 2 7.56% $24,406
    Bank of Colorado 2 5.94% $9,619
    CROSSCOUNTRY MORTGAGE, LLC 2 6.66% $17,066
    Mr. Cooper ( Nationstar Mortgage ) 2 6.00% $22,308
    KBHS HOME LOANS, LLC 2 5.00% $15,753
    Bank of England 2 6.50% $6,620
    Prosperity Home Mortgage, LLC 2 5.19% $14,763
    MOVEMENT MORTGAGE, LLC 2 6.69% $13,737
    Sunflower Bank 2 5.25% $8,345
    Landmark National Bank 1 7.13% $3,002
    CALIBER HOME LOANS, INC. 1 6.63% $13,528
    Ent Credit Union 1 5.88% $15,029
    Financial Funding Solutions, Inc. 1 7.13% $2,698
    GUARANTEED RATE AFFINITY, LLC 1 6.50% $5,404
    GUARANTEED RATE, INC. 1 6.20% $800
    HOMEAMERICAN MORTGAGE CORPORATION 1 6.63% $834
    INSPIRE HOME LOANS INC. 1 5.25% $2,865
    KeyBank 1 6.00% $14,044
    American Mortgage & Equity Consultants, Inc. 1 6.75% $14,322
    LOANDEPOT.COM, LLC 1 6.25% $5,752
    LOANPEOPLE, LLC 1 6.38% $15,714
    MEGASTAR FINANCIAL CORP. 1 5.75% $7,920
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $3,511
    NBH Bank 1 4.88% $19,866
    NEWREZ LLC 1 6.63% $9,153
    The Central Trust Bank 1 5.75% $2,100
    Wells Fargo Bank 1 6.00% $19,232

    The top Boulder VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 18 VA loans originated. Their average total fees are $11,180, which is $4,553 lower than the next largest lender, CMG MORTGAGE, INC..

    The lowest fee Boulder VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($11,180), .

    The lowest rate Boulder VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.18%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Boulder (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 $662,167 (-2.9%) $1,110,807 (-8.3%) 2.45 478
    2018-02-01 $727,000 (4.8%) $1,213,461 (-2.6%) 2.64 479
    2018-03-01 $749,945 (8.1%) $1,182,921 (-1.2%) 2.63 533
    2018-04-01 $749,400 (7.8%) $1,185,909 (2.0%) 2.54 658
    2018-05-01 $746,338 (7.1%) $1,163,743 (5.3%) 2.49 740
    2018-06-01 $719,450 (5.2%) $1,082,882 (3.7%) 2.40 849
    2018-07-01 $704,975 (6.8%) $1,060,146 (2.7%) 2.35 881
    2018-08-01 $662,400 (3.1%) $1,006,390 (0.2%) 2.22 937
    2018-09-01 $644,000 (1.5%) $985,298 (-0.9%) 2.16 946
    2018-10-01 $643,500 (-1.0%) $1,001,372 (-3.1%) 2.18 922
    2018-11-01 $644,350 (-0.9%) $1,030,284 (-3.8%) 2.18 810
    2018-12-01 $660,000 (0.5%) $1,037,180 (-7.5%) 2.28 669
    2019-01-01 $631,225 (-4.7%) $1,010,506 (-9.0%) 2.18 612
    2019-02-01 $649,450 (-10.7%) $1,021,671 (-15.8%) 2.19 663
    2019-03-01 $643,004 (-14.3%) $1,034,596 (-12.5%) 2.10 756
    2019-04-01 $657,082 (-12.3%) $1,035,090 (-12.7%) 2.09 865
    2019-05-01 $660,698 (-11.5%) $1,037,347 (-10.9%) 2.07 1,000
    2019-06-01 $667,600 (-7.2%) $1,039,165 (-4.0%) 2.09 1,096
    2019-07-01 $679,000 (-3.7%) $1,020,297 (-3.8%) 2.13 1,178
    2019-08-01 $665,980 (0.5%) $1,004,911 (-0.2%) 2.11 1,178
    2019-09-01 $668,199 (3.8%) $1,009,249 (2.4%) 2.14 1,165
    2019-10-01 $667,666 (3.8%) $1,012,140 (1.1%) 2.15 1,143
    2019-11-01 $664,900 (3.2%) $1,025,842 (-0.4%) 2.18 977
    2019-12-01 $664,950 (0.8%) $1,065,166 (2.7%) 2.22 757
    2020-01-01 $650,000 (3.0%) $1,057,952 (4.7%) 2.17 616
    2020-02-01 $688,000 (5.9%) $1,105,181 (8.2%) 2.25 596
    2020-03-01 $719,731 (11.9%) $1,106,809 (7.0%) 2.26 634
    2020-04-01 $712,802 (8.5%) $1,059,426 (2.4%) 2.23 700
    2020-05-01 $742,455 (12.4%) $1,063,371 (2.5%) 2.26 855
    2020-06-01 $745,989 (11.7%) $1,077,526 (3.7%) 2.20 955
    2020-07-01 $749,500 (10.4%) $1,089,300 (6.8%) 2.17 889
    2020-08-01 $756,250 (13.6%) $1,122,208 (11.7%) 2.17 803
    2020-09-01 $715,945 (7.2%) $1,113,430 (10.3%) 2.05 798
    2020-10-01 $745,000 (11.6%) $1,175,023 (16.1%) 2.13 773
    2020-11-01 $767,488 (15.4%) $1,223,779 (19.3%) 2.24 597
    2020-12-01 $798,000 (20.0%) $1,302,359 (22.3%) 2.37 474
    2021-01-01 $856,653 (31.8%) $1,356,233 (28.2%) 2.56 362
    2021-02-01 $886,000 (28.8%) $1,346,694 (21.9%) 2.58 308
    2021-03-01 $844,000 (17.3%) $1,362,872 (23.1%) 2.39 287
    2021-04-01 $809,500 (13.6%) $1,368,154 (29.1%) 2.19 326
    2021-05-01 $800,000 (7.8%) $1,347,354 (26.7%) 2.13 330
    2021-06-01 $812,450 (8.9%) $1,294,942 (20.2%) 2.14 434
    2021-07-01 $787,500 (5.1%) $1,258,888 (15.6%) 2.08 446
    2021-08-01 $759,500 (0.4%) $1,198,662 (6.8%) 2.03 472
    2021-09-01 $749,988 (4.8%) $1,154,947 (3.7%) 2.00 464
    2021-10-01 $796,000 (6.9%) $1,214,778 (3.4%) 2.12 395
    2021-11-01 $811,975 (5.8%) $1,333,273 (9.0%) 2.17 299
    2021-12-01 $804,950 (0.9%) $1,344,914 (3.3%) 2.18 416
    2022-01-01 $825,000 (-3.7%) $1,522,455 (12.3%) 2.23 151
    2022-02-01 $877,183 (-1.0%) $1,628,962 (21.0%) 2.28 168
    2022-03-01 $826,250 (-2.1%) $1,470,080 (7.9%) 2.07 210
    2022-04-01 $874,900 (8.1%) $1,489,471 (8.9%) 2.09 255
    2022-05-01 $870,000 (8.8%) $1,422,370 (5.6%) 1.99 472
    2022-06-01 $887,500 (9.2%) $1,415,625 (9.3%) 1.98 635
    2022-07-01 $864,000 (9.7%) $1,355,758 (7.7%) 1.95 761
    2022-08-01 $829,000 (9.2%) $1,312,045 (9.5%) 1.92 811
    2022-09-01 $835,000 (11.3%) $1,342,753 (16.3%) 1.95 793
    2022-10-01 $825,000 (3.6%) $1,353,181 (11.4%) 1.94 800
    2022-11-01 $835,000 (2.8%) $1,404,504 (5.3%) 2.01 693
    2022-12-01 $843,450 (4.8%) $1,427,316 (6.1%) 2.08 503
    2023-01-01 $846,000 (2.6%) $1,490,739 (-2.1%) 2.10 438
    2023-02-01 $875,000 (-0.3%) $1,519,179 (-6.7%) 2.11 482
    2023-03-01 $959,275 (16.1%) $1,587,138 (8.0%) 2.26 532
    2023-04-01 $982,550 (12.3%) $1,605,475 (7.8%) 2.29 618
    2023-05-01 $985,000 (13.2%) $1,564,648 (10.0%) 2.23 720
    2023-06-01 $950,000 (7.0%) $1,521,583 (7.5%) 2.13 827
    2023-07-01 $909,475 (5.3%) $1,493,150 (10.1%) 2.07 869
    2023-08-01 $901,475 (8.7%) $1,520,394 (15.9%) 2.07 840
    2023-09-01 $896,250 (7.3%) $1,491,076 (11.1%) 2.09 889
    2023-10-01 $913,750 (10.8%) $1,501,237 (10.9%) 2.15 924
    2023-11-01 $899,016 (7.7%) $1,488,340 (6.0%) 2.14 835
    2023-12-01 $887,500 (5.2%) $1,499,844 (5.1%) 2.16 669
    2024-01-01 $899,000 (6.3%) $1,569,593 (5.3%) 2.20 534
    2024-02-01 $914,441 (4.5%) $1,532,453 (0.9%) 2.20 573
    2024-03-01 $940,000 (-2.0%) $1,520,552 (-4.2%) 2.21 701
    2024-04-01 $915,000 (-6.9%) $1,545,817 (-3.7%) 2.13 826
    2024-05-01 $960,975 (-2.4%) $1,623,699 (3.8%) 2.17 987
    2024-06-01 $900,000 (-5.3%) $1,535,940 (0.9%) 2.02 1,165
    2024-07-01 $864,750 (-4.9%) $1,430,934 (-4.2%) 1.98 1,227
    2024-08-01 $849,000 (-5.8%) $1,406,828 (-7.5%) 1.97 1,246
    2024-09-01 $812,500 (-9.3%) $1,370,321 (-8.1%) 1.91 1,290
    2024-10-01 $803,500 (-12.1%) $1,348,849 (-10.2%) 1.89 1,266
    Boulder's median listing price for 2024-10-01 was $803,500, a difference of $-110,250 (-12.1%) versus the prior year and $-9,000 versus the prior month.

    Boulder's median listing price comes in at 189% of the national average.

    Boulder's average listing price for 2024-10-01 was $1,348,849, a difference of $-152,388 (-10.2%) versus the prior year and $-21,472 versus the prior month.

    For the 2024-10-01 period, Boulder had 1,266 MLS listings, a difference of -24 listings (-2%) versus the prior month and 342 listings (37%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Boulder (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 59 days 2,993 sqft
    2018-02-01 39 days 3,138 sqft
    2018-03-01 35 days 3,074 sqft
    2018-04-01 30 days 3,091 sqft
    2018-05-01 31 days 3,009 sqft
    2018-06-01 31 days 2,938 sqft
    2018-07-01 37 days 2,758 sqft
    2018-08-01 43 days 2,585 sqft
    2018-09-01 47 days 2,589 sqft
    2018-10-01 45 days 2,605 sqft
    2018-11-01 53 days 2,596 sqft
    2018-12-01 68 days 2,607 sqft
    2019-01-01 70 days 2,455 sqft
    2019-02-01 38 days 2,400 sqft
    2019-03-01 37 days 2,570 sqft
    2019-04-01 34 days 2,679 sqft
    2019-05-01 32 days 2,677 sqft
    2019-06-01 38 days 2,628 sqft
    2019-07-01 39 days 2,599 sqft
    2019-08-01 44 days 2,549 sqft
    2019-09-01 49 days 2,542 sqft
    2019-10-01 51 days 2,524 sqft
    2019-11-01 58 days 2,523 sqft
    2019-12-01 74 days 2,583 sqft
    2020-01-01 74 days 2,542 sqft
    2020-02-01 38 days 2,553 sqft
    2020-03-01 37 days 2,570 sqft
    2020-04-01 41 days 2,496 sqft
    2020-05-01 40 days 2,517 sqft
    2020-06-01 36 days 2,496 sqft
    2020-07-01 42 days 2,449 sqft
    2020-08-01 42 days 2,382 sqft
    2020-09-01 38 days 2,304 sqft
    2020-10-01 39 days 2,305 sqft
    2020-11-01 51 days 2,320 sqft
    2020-12-01 68 days 2,330 sqft
    2021-01-01 79 days 2,192 sqft
    2021-02-01 73 days 2,266 sqft
    2021-03-01 39 days 2,257 sqft
    2021-04-01 31 days 2,219 sqft
    2021-05-01 30 days 2,305 sqft
    2021-06-01 18 days 2,356 sqft
    2021-07-01 31 days 2,356 sqft
    2021-08-01 30 days 2,295 sqft
    2021-09-01 30 days 2,276 sqft
    2021-10-01 33 days 2,228 sqft
    2021-11-01 37 days 2,355 sqft
    2021-12-01 44 days 2,296 sqft
    2022-01-01 33 days 2,476 sqft
    2022-02-01 19 days 2,458 sqft
    2022-03-01 16 days 2,366 sqft
    2022-04-01 15 days 2,485 sqft
    2022-05-01 16 days 2,520 sqft
    2022-06-01 22 days 2,539 sqft
    2022-07-01 30 days 2,496 sqft
    2022-08-01 36 days 2,370 sqft
    2022-09-01 40 days 2,398 sqft
    2022-10-01 43 days 2,423 sqft
    2022-11-01 51 days 2,480 sqft
    2022-12-01 68 days 2,426 sqft
    2023-01-01 79 days 2,487 sqft
    2023-02-01 44 days 2,516 sqft
    2023-03-01 36 days 2,634 sqft
    2023-04-01 36 days 2,710 sqft
    2023-05-01 32 days 2,633 sqft
    2023-06-01 33 days 2,606 sqft
    2023-07-01 41 days 2,587 sqft
    2023-08-01 45 days 2,652 sqft
    2023-09-01 43 days 2,602 sqft
    2023-10-01 44 days 2,577 sqft
    2023-11-01 55 days 2,558 sqft
    2023-12-01 76 days 2,464 sqft
    2024-01-01 81 days 2,416 sqft
    2024-02-01 44 days 2,449 sqft
    2024-03-01 32 days 2,434 sqft
    2024-04-01 34 days 2,403 sqft
    2024-05-01 31 days 2,455 sqft
    2024-06-01 37 days 2,422 sqft
    2024-07-01 44 days 2,397 sqft
    2024-08-01 53 days 2,364 sqft
    2024-09-01 55 days 2,215 sqft
    2024-10-01 56 days 2,164 sqft
    Boulder's median listing age (time on market) for 2024-10-01 was 56 days. This is 29% longer than the same period one year ago.

    Boulder's median square footage for active listings during the 2024-10-01 period was 2,164 sqft. One year prior, the average listing was 2,577 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.