Bowling Green VA Loan Rates, Closing Costs & Stats

BOWLING GREEN, KY

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.

Bowling Green's 63 lenders originated 285 VA loans during 2024. The total origination value was $83,015,000, with an average VA loan value of $291,281.

Bowling Green VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Bowling Green averaged 6.28% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

Bowling Green's average VA mortgage closing costs are $5,478.

The average rate for the prior week (2025-03-28) was 6.5% and one month ago for the week of 2025-02-28, the average rate was 6.58%.

The average rate one year ago was 6.89%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.25%.

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

Bowling Green 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 Bowling Green level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 57 6.29% $4,924
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 26 6.37% $7,817
UNITED WHOLESALE MORTGAGE, LLC 20 6.01% $6,799
QUICKEN LOANS, LLC 15 6.08% $11,145
FREEDOM MORTGAGE CORPORATION 14 6.14% $7,664
NAVY FEDERAL CREDIT UNION 10 5.96% $6,492
EVANSVILLE TEACHERS 9 6.33% $8,676
RUOFF MORTGAGE COMPANY, INC. 8 6.69% $4,949
USAA Federal Savings Bank 8 5.88% $5,547
ROSS MORTGAGE CORPORATION 8 6.92% $6,990
FBC MORTGAGE, LLC 8 5.45% $7,374
STOCKTON MORTGAGE CORPORATION 7 6.45% $8,825
NEWREZ LLC 7 6.30% $5,194
PENNYMAC LOAN SERVICES, LLC 6 5.90% $6,867
VILLAGE CAPITAL MORTGAGE 5 5.95% $5,356
NEW DAY FINANCIAL, LLC 4 6.68% $4,508
FirstBank 3 6.25% $2,666
LOANDEPOT.COM, LLC 3 5.13% $6,985
BROKER SOLUTIONS, INC. 3 6.33% $13,740
EVERETT FINANCIAL, INC. 2 6.56% $4,131
The Federal Savings Bank 2 6.63% $17,963
Century Mortgage Company DBA Century Lending Company 2 6.19% $5,787
Truist 2 6.43% $5,754
LEADERONE FINANCIAL CORPORATION 2 7.00% $3,598
BankPlus 2 6.25% $3,094
PLANET HOME LENDING, LLC 2 6.63% $5,509
U.S. Bank 2 6.69% $5,308
CLEARPATH LENDING 2 5.81% $5,151
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 8.13% $50
SUN WEST MORTGAGE COMPANY, INC. 1 5.99% $29,480
Texana Bank 1 6.75% $675
Abound Federal Credit Union 1 6.13% $7,422
UNION HOME MORTGAGE CORP. 1 5.88% $7,520
VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.75% $5,255
TOP FLITE FINANCIAL, INC. 1 6.25% $10,427
Alcova Mortgage LLC 1 6.13% $600
ALLIED MORTGAGE GROUP, INC. 1 6.25% $4,330
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.25% $19,072
Carrington Mortgage Services, LLC 1 5.75% $8,808
CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $5
Equity Prime Mortgage LLC 1 6.13% $4,582
FIRST COMMUNITY MORTGAGE, INC. 1 5.75% $4,795
Flagstar Bank, FSB 1 6.13% $5,057
German American Bank 1 6.75% $8,166
GUARANTEED RATE, INC. 1 5.18% $0
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.50% $2,080
JPMorgan Chase Bank 1 6.88% $3,417
Lakeview Community Capital, LLC 1 5.99% $7,803
Magnolia Bank 1 5.25% $16,885
MORTGAGE INVESTORS GROUP, INC. 1 6.50% $11,325
MOVEMENT MORTGAGE, LLC 1 6.00% $4,187
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $12,945
NBKC BANK 1 6.25% $12,360
Paramount Residential Mortgage Group, Inc. 1 6.25% $20,869
PNC Bank 1 6.75% $2,175
PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.50% $6,609
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $700
Prosperity Home Mortgage, LLC 1 5.99% $15,642
RELIANCE FIRST CAPITAL, LLC 1 6.50% $13,391
ROYAL UNITED MORTGAGE LLC 1 6.00% $8,251
SeaTrust Mortgage Company 1 5.75% $12,131
Stride Bank 1 7.13% $15,526
SUCCESS MORTGAGE PARTNERS, INC. 1 6.63% $19,863

The top Bowling Green VA lender as defined by loan originations is Mortgage Research Center, LLC, with 57 VA loans originated. Their average total fees are $4,924, which is $2,893 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

The lowest fee Bowling Green VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,924), NAVY FEDERAL CREDIT UNION ($6,492), UNITED WHOLESALE MORTGAGE, LLC ($6,799), FREEDOM MORTGAGE CORPORATION ($7,664) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($7,817).

The lowest rate Bowling Green VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.96%), UNITED WHOLESALE MORTGAGE, LLC (6.01%), QUICKEN LOANS, LLC (6.08%), FREEDOM MORTGAGE CORPORATION (6.14%) and Mortgage Research Center, LLC (6.29%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Bowling Green (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 $227,450 (1.1%) $292,287 (2.2%) 0.84 571
2018-02-01 $236,975 (2.0%) $295,081 (-0.7%) 0.86 558
2018-03-01 $239,900 (-3.6%) $292,594 (-3.2%) 0.84 572
2018-04-01 $239,900 (-1.5%) $298,862 (-0.2%) 0.81 589
2018-05-01 $241,331 (-2.2%) $302,945 (-0.2%) 0.81 627
2018-06-01 $255,000 (0.5%) $309,629 (-0.4%) 0.85 640
2018-07-01 $267,100 (6.9%) $319,404 (6.5%) 0.89 656
2018-08-01 $269,925 (8.0%) $322,802 (5.9%) 0.90 694
2018-09-01 $264,900 (10.4%) $318,081 (4.2%) 0.89 715
2018-10-01 $257,450 (8.5%) $308,641 (1.1%) 0.87 753
2018-11-01 $249,900 (9.0%) $300,328 (0.7%) 0.85 778
2018-12-01 $249,900 (13.6%) $303,014 (4.5%) 0.86 746
2019-01-01 $254,875 (12.1%) $305,582 (4.6%) 0.88 660
2019-02-01 $258,400 (9.0%) $306,360 (3.8%) 0.87 682
2019-03-01 $264,186 (10.1%) $312,771 (6.9%) 0.86 681
2019-04-01 $266,710 (11.2%) $313,765 (5.0%) 0.85 701
2019-05-01 $269,900 (11.8%) $313,896 (3.6%) 0.84 741
2019-06-01 $269,900 (5.8%) $308,772 (-0.3%) 0.84 761
2019-07-01 $260,552 (-2.5%) $299,686 (-6.2%) 0.82 788
2019-08-01 $253,536 (-6.1%) $293,867 (-9.0%) 0.80 790
2019-09-01 $251,491 (-5.1%) $289,566 (-9.0%) 0.80 795
2019-10-01 $249,900 (-2.9%) $287,992 (-6.7%) 0.81 806
2019-11-01 $249,700 (-0.1%) $291,097 (-3.1%) 0.82 820
2019-12-01 $249,900 (0.0%) $299,345 (-1.2%) 0.83 688
2020-01-01 $251,400 (-1.4%) $299,400 (-2.0%) 0.84 629
2020-02-01 $259,900 (0.6%) $304,465 (-0.6%) 0.85 609
2020-03-01 $259,900 (-1.6%) $310,925 (-0.6%) 0.81 586
2020-04-01 $258,300 (-3.2%) $306,743 (-2.2%) 0.81 599
2020-05-01 $259,900 (-3.7%) $306,180 (-2.5%) 0.79 577
2020-06-01 $262,175 (-2.9%) $318,057 (3.0%) 0.77 522
2020-07-01 $269,900 (3.6%) $320,927 (7.1%) 0.78 473
2020-08-01 $269,900 (6.5%) $326,147 (11.0%) 0.77 440
2020-09-01 $268,850 (6.9%) $336,722 (16.3%) 0.77 414
2020-10-01 $264,900 (6.0%) $336,112 (16.7%) 0.76 385
2020-11-01 $244,725 (-2.0%) $305,209 (4.9%) 0.72 397
2020-12-01 $239,900 (-4.0%) $300,275 (0.3%) 0.71 381
2021-01-01 $249,900 (-0.6%) $307,529 (2.7%) 0.75 335
2021-02-01 $249,225 (-4.1%) $304,296 (-0.1%) 0.73 281
2021-03-01 $253,675 (-2.4%) $311,551 (0.2%) 0.72 286
2021-04-01 $262,400 (1.6%) $328,906 (7.2%) 0.71 229
2021-05-01 $269,900 (3.9%) $354,912 (15.9%) 0.72 224
2021-06-01 $265,925 (1.4%) $357,171 (12.3%) 0.70 237
2021-07-01 $269,900 (0.0%) $370,789 (15.5%) 0.71 287
2021-08-01 $287,175 (6.4%) $372,681 (14.3%) 0.77 318
2021-09-01 $285,000 (6.0%) $371,162 (10.2%) 0.76 346
2021-10-01 $285,000 (7.6%) $376,347 (12.0%) 0.76 359
2021-11-01 $296,950 (21.3%) $381,733 (25.1%) 0.79 359
2021-12-01 $299,225 (24.7%) $381,791 (27.2%) 0.81 314
2022-01-01 $289,900 (16.0%) $378,813 (23.2%) 0.78 254
2022-02-01 $297,950 (19.6%) $372,264 (22.3%) 0.77 226
2022-03-01 $297,450 (17.3%) $396,530 (27.3%) 0.74 188
2022-04-01 $309,900 (18.1%) $405,316 (23.2%) 0.74 199
2022-05-01 $305,200 (13.1%) $402,446 (13.4%) 0.70 223
2022-06-01 $324,900 (22.2%) $401,342 (12.4%) 0.72 270
2022-07-01 $329,900 (22.2%) $395,778 (6.7%) 0.74 354
2022-08-01 $334,131 (16.4%) $397,923 (6.8%) 0.77 355
2022-09-01 $338,813 (18.9%) $399,218 (7.6%) 0.79 359
2022-10-01 $338,900 (18.9%) $408,910 (8.7%) 0.80 399
2022-11-01 $331,098 (11.5%) $658,892 (72.6%) 0.80 435
2022-12-01 $323,450 (8.1%) $393,807 (3.2%) 0.80 417
2023-01-01 $318,950 (10.0%) $392,463 (3.6%) 0.79 383
2023-02-01 $329,650 (10.6%) $397,143 (6.7%) 0.80 397
2023-03-01 $329,900 (10.9%) $400,933 (1.1%) 0.78 404
2023-04-01 $337,250 (8.8%) $406,755 (0.4%) 0.78 402
2023-05-01 $343,950 (12.7%) $422,198 (4.9%) 0.78 416
2023-06-01 $352,750 (8.6%) $427,775 (6.6%) 0.79 464
2023-07-01 $345,000 (4.6%) $422,066 (6.6%) 0.78 489
2023-08-01 $337,400 (1.0%) $413,544 (3.9%) 0.77 524
2023-09-01 $324,900 (-4.1%) $401,046 (0.5%) 0.76 545
2023-10-01 $325,725 (-3.9%) $393,542 (-3.8%) 0.77 573
2023-11-01 $318,175 (-3.9%) $383,193 (-41.8%) 0.76 594
2023-12-01 $304,950 (-5.7%) $369,252 (-6.2%) 0.74 603
2024-01-01 $309,400 (-3.0%) $366,644 (-6.6%) 0.76 571
2024-02-01 $309,900 (-6.0%) $371,778 (-6.4%) 0.75 584
2024-03-01 $314,900 (-4.6%) $385,711 (-3.8%) 0.74 598
2024-04-01 $324,400 (-3.8%) $394,698 (-3.0%) 0.75 624
2024-05-01 $324,900 (-5.5%) $397,782 (-5.8%) 0.74 621
2024-06-01 $324,900 (-7.9%) $391,528 (-8.5%) 0.74 660
2024-07-01 $322,450 (-6.5%) $384,721 (-8.9%) 0.74 709
2024-08-01 $315,000 (-6.6%) $382,895 (-7.4%) 0.73 729
2024-09-01 $315,000 (-3.1%) $380,546 (-5.1%) 0.74 762
2024-10-01 $313,400 (-3.8%) $376,296 (-4.4%) 0.74 772
2024-11-01 $314,500 (-1.2%) $372,854 (-2.7%) 0.75 812
2024-12-01 $314,375 (3.1%) $366,277 (-0.8%) 0.78 760
2025-01-01 $314,500 (1.7%) $366,661 (0.0%) 0.79 727
2025-02-01 $314,900 (1.6%) $375,147 (0.9%) 0.76 711
2025-03-01 $319,900 (1.6%) $380,480 (-1.4%) 0.00 735
Bowling Green's median listing price for 2025-03-01 was $319,900, a difference of $5,000 (1.6%) versus the prior year and $5,000 versus the prior month.

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

Bowling Green's average listing price for 2025-03-01 was $380,480, a difference of $-5,231 (-1.4%) versus the prior year and $5,333 versus the prior month.

For the 2025-03-01 period, Bowling Green had 735 MLS listings, a difference of 24 listings (3%) versus the prior month and 137 listings (23%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Bowling Green (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 94 days 2,001 sqft
2018-02-01 94 days 2,004 sqft
2018-03-01 67 days 2,003 sqft
2018-04-01 60 days 2,058 sqft
2018-05-01 59 days 2,069 sqft
2018-06-01 54 days 2,173 sqft
2018-07-01 58 days 2,214 sqft
2018-08-01 61 days 2,283 sqft
2018-09-01 68 days 2,250 sqft
2018-10-01 71 days 2,194 sqft
2018-11-01 73 days 2,122 sqft
2018-12-01 85 days 2,100 sqft
2019-01-01 88 days 2,100 sqft
2019-02-01 87 days 2,100 sqft
2019-03-01 81 days 2,146 sqft
2019-04-01 74 days 2,170 sqft
2019-05-01 63 days 2,180 sqft
2019-06-01 59 days 2,181 sqft
2019-07-01 61 days 2,163 sqft
2019-08-01 62 days 2,090 sqft
2019-09-01 66 days 2,067 sqft
2019-10-01 68 days 2,053 sqft
2019-11-01 71 days 2,035 sqft
2019-12-01 81 days 2,012 sqft
2020-01-01 95 days 2,011 sqft
2020-02-01 99 days 2,049 sqft
2020-03-01 75 days 2,072 sqft
2020-04-01 68 days 2,029 sqft
2020-05-01 74 days 2,011 sqft
2020-06-01 75 days 2,047 sqft
2020-07-01 73 days 2,062 sqft
2020-08-01 68 days 2,075 sqft
2020-09-01 55 days 2,054 sqft
2020-10-01 57 days 2,000 sqft
2020-11-01 51 days 1,856 sqft
2020-12-01 58 days 1,844 sqft
2021-01-01 73 days 1,862 sqft
2021-02-01 66 days 1,796 sqft
2021-03-01 45 days 1,834 sqft
2021-04-01 39 days 1,812 sqft
2021-05-01 38 days 1,860 sqft
2021-06-01 32 days 1,798 sqft
2021-07-01 31 days 1,850 sqft
2021-08-01 32 days 1,900 sqft
2021-09-01 37 days 1,914 sqft
2021-10-01 44 days 1,866 sqft
2021-11-01 49 days 1,955 sqft
2021-12-01 52 days 1,988 sqft
2022-01-01 65 days 1,851 sqft
2022-02-01 50 days 1,813 sqft
2022-03-01 37 days 1,821 sqft
2022-04-01 26 days 1,830 sqft
2022-05-01 31 days 1,854 sqft
2022-06-01 31 days 1,963 sqft
2022-07-01 33 days 2,008 sqft
2022-08-01 46 days 1,940 sqft
2022-09-01 49 days 1,943 sqft
2022-10-01 45 days 1,979 sqft
2022-11-01 52 days 1,950 sqft
2022-12-01 64 days 1,940 sqft
2023-01-01 79 days 1,930 sqft
2023-02-01 62 days 1,917 sqft
2023-03-01 52 days 1,919 sqft
2023-04-01 59 days 1,925 sqft
2023-05-01 53 days 1,961 sqft
2023-06-01 46 days 1,977 sqft
2023-07-01 47 days 1,914 sqft
2023-08-01 50 days 1,899 sqft
2023-09-01 53 days 1,825 sqft
2023-10-01 63 days 1,817 sqft
2023-11-01 67 days 1,801 sqft
2023-12-01 73 days 1,723 sqft
2024-01-01 79 days 1,735 sqft
2024-02-01 67 days 1,748 sqft
2024-03-01 52 days 1,750 sqft
2024-04-01 52 days 1,770 sqft
2024-05-01 56 days 1,808 sqft
2024-06-01 51 days 1,793 sqft
2024-07-01 51 days 1,748 sqft
2024-08-01 60 days 1,717 sqft
2024-09-01 61 days 1,704 sqft
2024-10-01 64 days 1,700 sqft
2024-11-01 68 days 1,694 sqft
2024-12-01 80 days 1,691 sqft
2025-01-01 81 days 1,693 sqft
2025-02-01 81 days 1,700 sqft
2025-03-01 0 days 1,734 sqft
Bowling Green's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Bowling Green's median square footage for active listings during the 2025-03-01 period was 1,734 sqft. One year prior, the average listing was 1,750 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.