Branson VA Loan Rates, Closing Costs & Stats

Branson, MO

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 6.76% for the week of 2024-06-07, compared to the national average (all VA variants) of 6.387% for the same period.

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

The average rate for the prior week (2024-05-31) was 6.97% and one month ago for the week of 2024-05-03, the average rate was 7.39%.

The average rate one year ago was 6.79%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.49%.

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
2024-04-01 $279,000 (-12.8%) $411,602 (-6.6%) 0.00 615
2024-05-01 $276,750 (-13.5%) $403,333 (-12.8%) 0.00 668
Branson's median listing price for 2024-05-01 was $276,750, a difference of $-43,250 (-13.5%) versus the prior year and $-2,250 versus the prior month.

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

Branson's average listing price for 2024-05-01 was $403,333, a difference of $-58,922 (-12.8%) versus the prior year and $-8,269 versus the prior month.

For the 2024-05-01 period, Branson had 668 MLS listings, a difference of 53 listings (9%) versus the prior month and 273 listings (69%) 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 1,474 sqft
2024-03-01 0 days 1,408 sqft
2024-04-01 0 days 1,378 sqft
2024-05-01 0 days 1,381 sqft
Branson's median listing age (time on market) for 2024-05-01 was 0 days.

Branson's median square footage for active listings during the 2024-05-01 period was 1,381 sqft. One year prior, the average listing was 1,520 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.