Branson VA Loan Rates, Closing Costs & Stats

Branson, MO

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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.

    Branson's 29 lenders originated 69 VA loans during 2023. The total origination value was $18,135,000, with an average VA loan value of $262,826.

    Branson VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Branson averaged 7.03% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Branson's average VA mortgage closing costs are $4,703.

    The average rate for the prior week (2024-04-12) was 6.86% and one month ago for the week of 2024-03-15, the average rate was 6.92%.

    The average rate one year ago was 6.51%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.56%.

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

    Branson 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 Branson level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 12 6.70% $4,596
    QUICKEN LOANS, LLC 6 5.89% $13,573
    GERSHMAN INVESTMENT CORP. 5 6.63% $1,893
    PRIMELENDING, A PLAINSCAPITAL COMPANY 4 7.16% $4,447
    PENNYMAC LOAN SERVICES, LLC 3 5.50% $6,172
    CARDINAL FINANCIAL 3 6.92% $3,164
    Prosperity Home Mortgage, LLC 3 6.29% $4,772
    NAVY FEDERAL CREDIT UNION 3 6.17% $6,754
    NEW DAY FINANCIAL, LLC 2 6.99% $19,847
    GUILD MORTGAGE COMPANY 2 7.13% $4,376
    PENTAGON FEDERAL CREDIT UNION 2 6.50% $8,163
    The Central Trust Bank 2 6.81% $2,844
    The Federal Savings Bank 2 6.25% $10,624
    Equity Prime Mortgage LLC 2 7.81% $1,992
    AMERISAVE MORTGAGE CORPORATION 1 5.75% $7,277
    VILLAGE CAPITAL MORTGAGE 1 6.25% $5,101
    BNC National Bank 1 5.75% $9,851
    CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $2,420
    DAS Acquisition Company, LLC 1 7.00% $9,364
    First Bank 1 6.63% $2,644
    First Savings Bank 1 5.00% $14,099
    FLAT BRANCH MORTGAGE, INC. 1 7.00% $2,317
    FREEDOM MORTGAGE CORPORATION 1 6.25% $13,016
    LOANDEPOT.COM, LLC 1 5.63% $24,182
    MID AMERICA MORTGAGE, INC. 1 7.63% $2,456
    Midwest Mortgage Associates Corporation 1 7.13% $7,875
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $157
    UNITED WHOLESALE MORTGAGE, LLC 1 7.75% $12,401
    USAA Federal Savings Bank 1 7.38% $2,599

    The top Branson VA lender as defined by loan originations is Mortgage Research Center, LLC, with 12 VA loans originated. Their average total fees are $4,596, which is $8,977 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Branson VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,596), .

    The lowest rate Branson VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.70%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Branson (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 $177,250 (14.4%) $250,015 (13.7%) 0.00 693
    2018-02-01 $179,900 (16.5%) $250,871 (14.9%) 0.00 678
    2018-03-01 $179,900 (16.3%) $248,925 (14.1%) 0.00 705
    2018-04-01 $181,950 (15.9%) $258,601 (15.6%) 0.00 734
    2018-05-01 $187,350 (19.8%) $258,813 (14.2%) 0.00 739
    2018-06-01 $189,900 (18.8%) $259,735 (12.5%) 0.00 758
    2018-07-01 $190,475 (19.1%) $260,578 (11.9%) 0.00 774
    2018-08-01 $189,000 (17.8%) $256,825 (8.9%) 0.00 791
    2018-09-01 $185,000 (12.1%) $254,660 (6.0%) 0.00 759
    2018-10-01 $183,625 (7.4%) $249,743 (0.5%) 0.00 758
    2018-11-01 $188,525 (7.9%) $247,453 (-2.2%) 0.00 784
    2018-12-01 $185,000 (5.7%) $240,080 (-6.9%) 0.00 771
    2019-01-01 $186,950 (5.5%) $241,530 (-3.4%) 0.00 723
    2019-02-01 $189,650 (5.4%) $244,447 (-2.6%) 0.00 721
    2019-03-01 $194,186 (7.9%) $248,164 (-0.3%) 0.00 712
    2019-04-01 $199,900 (9.9%) $251,163 (-2.9%) 0.00 718
    2019-05-01 $199,450 (6.5%) $255,386 (-1.3%) 0.00 741
    2019-06-01 $199,000 (4.8%) $256,308 (-1.3%) 0.00 771
    2019-07-01 $199,900 (5.0%) $264,655 (1.6%) 0.00 770
    2019-08-01 $200,782 (6.2%) $264,740 (3.1%) 0.00 754
    2019-09-01 $198,655 (7.4%) $262,573 (3.1%) 0.00 734
    2019-10-01 $194,750 (6.1%) $261,128 (4.6%) 0.00 711
    2019-11-01 $197,000 (4.5%) $261,178 (5.6%) 0.00 675
    2019-12-01 $189,900 (2.7%) $255,384 (6.4%) 0.00 675
    2020-01-01 $191,450 (2.4%) $248,315 (2.8%) 0.00 613
    2020-02-01 $197,900 (4.4%) $262,465 (7.4%) 0.00 625
    2020-03-01 $199,925 (3.0%) $268,538 (8.2%) 0.00 616
    2020-04-01 $197,500 (-1.2%) $268,500 (6.9%) 0.00 640
    2020-05-01 $198,975 (-0.2%) $270,550 (5.9%) 0.00 624
    2020-06-01 $198,175 (-0.4%) $274,868 (7.2%) 0.00 554
    2020-07-01 $192,400 (-3.8%) $279,913 (5.8%) 0.00 513
    2020-08-01 $199,700 (-0.5%) $304,045 (14.9%) 0.00 426
    2020-09-01 $202,300 (1.8%) $304,094 (15.8%) 0.00 405
    2020-10-01 $203,000 (4.2%) $320,802 (22.9%) 0.00 383
    2020-11-01 $203,925 (3.5%) $326,140 (24.9%) 0.00 361
    2020-12-01 $199,925 (5.3%) $321,162 (25.8%) 0.00 330
    2021-01-01 $214,950 (12.3%) $317,260 (27.8%) 0.00 271
    2021-02-01 $214,925 (8.6%) $307,239 (17.1%) 0.00 220
    2021-03-01 $234,900 (17.5%) $372,435 (38.7%) 0.00 204
    2021-04-01 $243,750 (23.4%) $399,384 (48.8%) 0.00 187
    2021-05-01 $279,900 (40.7%) $452,195 (67.1%) 0.00 188
    2021-06-01 $287,475 (45.1%) $452,491 (64.6%) 0.00 200
    2021-07-01 $296,900 (54.3%) $445,612 (59.2%) 0.00 245
    2021-08-01 $299,350 (49.9%) $434,995 (43.1%) 0.00 249
    2021-09-01 $290,725 (43.7%) $462,462 (52.1%) 0.00 301
    2021-10-01 $289,000 (42.4%) $481,918 (50.2%) 0.00 310
    2021-11-01 $287,000 (40.7%) $513,061 (57.3%) 0.00 265
    2021-12-01 $285,000 (42.6%) $575,204 (79.1%) 0.00 240
    2022-01-01 $299,900 (39.5%) $603,054 (90.1%) 0.00 208
    2022-02-01 $299,900 (39.5%) $564,761 (83.8%) 0.00 168
    2022-03-01 $324,350 (38.1%) $633,121 (70.0%) 0.00 164
    2022-04-01 $349,000 (43.2%) $620,533 (55.4%) 0.00 241
    2022-05-01 $325,000 (16.1%) $578,810 (28.0%) 0.00 285
    2022-06-01 $309,900 (7.8%) $504,690 (11.5%) 0.00 337
    2022-07-01 $299,900 (1.0%) $480,687 (7.9%) 0.00 376
    2022-08-01 $319,900 (6.9%) $507,198 (16.6%) 0.00 412
    2022-09-01 $310,625 (6.8%) $493,198 (6.7%) 0.00 421
    2022-10-01 $319,450 (10.5%) $481,987 (0.0%) 0.00 434
    2022-11-01 $319,900 (11.5%) $453,759 (-11.6%) 0.00 435
    2022-12-01 $339,900 (19.3%) $456,704 (-20.6%) 0.00 408
    2023-01-01 $325,000 (8.4%) $454,370 (-24.7%) 0.00 359
    2023-02-01 $329,225 (9.8%) $465,092 (-17.7%) 0.00 333
    2023-03-01 $335,000 (3.3%) $467,441 (-26.2%) 0.00 348
    2023-04-01 $320,000 (-8.3%) $440,743 (-29.0%) 0.00 395
    2023-05-01 $320,000 (-1.5%) $462,255 (-20.1%) 0.00 395
    2023-06-01 $321,750 (3.8%) $481,299 (-4.6%) 0.00 407
    2023-07-01 $310,750 (3.6%) $466,987 (-2.9%) 0.00 409
    2023-08-01 $319,725 (-0.1%) $482,613 (-4.9%) 0.00 416
    2023-09-01 $299,950 (-3.4%) $472,374 (-4.2%) 0.00 437
    2023-10-01 $301,975 (-5.5%) $464,732 (-3.6%) 0.00 493
    2023-11-01 $300,000 (-6.2%) $453,268 (-0.1%) 0.00 522
    2023-12-01 $299,900 (-11.8%) $442,201 (-3.2%) 0.00 526
    2024-01-01 $294,925 (-9.3%) $434,747 (-4.3%) 0.00 497
    2024-02-01 $286,975 (-12.8%) $428,022 (-8.0%) 0.00 520
    2024-03-01 $280,000 (-16.4%) $418,647 (-10.4%) 0.00 555
    Branson's median listing price for 2024-03-01 was $280,000, a difference of $-55,000 (-16.4%) versus the prior year and $-6,975 versus the prior month.

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

    Branson's average listing price for 2024-03-01 was $418,647, a difference of $-48,794 (-10.4%) versus the prior year and $-9,375 versus the prior month.

    For the 2024-03-01 period, Branson had 555 MLS listings, a difference of 35 listings (7%) versus the prior month and 207 listings (59%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Branson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,756 sqft
    2018-02-01 0 days 1,764 sqft
    2018-03-01 0 days 1,757 sqft
    2018-04-01 0 days 1,755 sqft
    2018-05-01 0 days 1,758 sqft
    2018-06-01 0 days 1,793 sqft
    2018-07-01 0 days 1,810 sqft
    2018-08-01 0 days 1,747 sqft
    2018-09-01 0 days 1,714 sqft
    2018-10-01 0 days 1,686 sqft
    2018-11-01 0 days 1,691 sqft
    2018-12-01 0 days 1,692 sqft
    2019-01-01 0 days 1,690 sqft
    2019-02-01 0 days 1,693 sqft
    2019-03-01 0 days 1,718 sqft
    2019-04-01 0 days 1,725 sqft
    2019-05-01 0 days 1,700 sqft
    2019-06-01 0 days 1,692 sqft
    2019-07-01 0 days 1,698 sqft
    2019-08-01 0 days 1,723 sqft
    2019-09-01 0 days 1,705 sqft
    2019-10-01 0 days 1,692 sqft
    2019-11-01 0 days 1,692 sqft
    2019-12-01 0 days 1,692 sqft
    2020-01-01 0 days 1,677 sqft
    2020-02-01 0 days 1,682 sqft
    2020-03-01 0 days 1,696 sqft
    2020-04-01 0 days 1,649 sqft
    2020-05-01 0 days 1,637 sqft
    2020-06-01 0 days 1,630 sqft
    2020-07-01 0 days 1,600 sqft
    2020-08-01 0 days 1,650 sqft
    2020-09-01 0 days 1,570 sqft
    2020-10-01 0 days 1,560 sqft
    2020-11-01 0 days 1,613 sqft
    2020-12-01 0 days 1,603 sqft
    2021-01-01 0 days 1,625 sqft
    2021-02-01 0 days 1,600 sqft
    2021-03-01 0 days 1,650 sqft
    2021-04-01 0 days 1,617 sqft
    2021-05-01 0 days 1,650 sqft
    2021-06-01 0 days 1,739 sqft
    2021-07-01 0 days 1,888 sqft
    2021-08-01 0 days 1,829 sqft
    2021-09-01 0 days 1,730 sqft
    2021-10-01 0 days 1,715 sqft
    2021-11-01 0 days 1,711 sqft
    2021-12-01 0 days 1,697 sqft
    2022-01-01 0 days 1,688 sqft
    2022-02-01 0 days 1,672 sqft
    2022-03-01 0 days 1,715 sqft
    2022-04-01 0 days 1,750 sqft
    2022-05-01 0 days 1,747 sqft
    2022-06-01 0 days 1,618 sqft
    2022-07-01 0 days 1,558 sqft
    2022-08-01 0 days 1,644 sqft
    2022-09-01 0 days 1,604 sqft
    2022-10-01 0 days 1,605 sqft
    2022-11-01 0 days 1,658 sqft
    2022-12-01 0 days 1,631 sqft
    2023-01-01 0 days 1,606 sqft
    2023-02-01 0 days 1,614 sqft
    2023-03-01 0 days 1,640 sqft
    2023-04-01 0 days 1,546 sqft
    2023-05-01 0 days 1,520 sqft
    2023-06-01 0 days 1,567 sqft
    2023-07-01 0 days 1,580 sqft
    2023-08-01 0 days 1,592 sqft
    2023-09-01 0 days 1,483 sqft
    2023-10-01 0 days 1,515 sqft
    2023-11-01 0 days 1,513 sqft
    2023-12-01 0 days 1,512 sqft
    2024-01-01 0 days 1,518 sqft
    2024-02-01 0 days 1,468 sqft
    2024-03-01 0 days 1,408 sqft
    Branson's median listing age (time on market) for 2024-03-01 was 0 days.

    Branson's median square footage for active listings during the 2024-03-01 period was 1,408 sqft. One year prior, the average listing was 1,640 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.