Breckenridge VA Loans
Breckenridge, CO
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 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.
Breckenridge's 22 lenders originated 44 VA loans during 2021. The total origination value was $24,780,000, with an average VA loan value of $563,182.
Breckenridge VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Breckenridge
averaged
5.53%
for the week of 2022-08-05, compared to the national average (all VA variants) of
5.013% for the same period.
The average rate for the prior week (2022-07-29) was
5.28% and
one month ago for the week of 2022-07-01, the
average rate was 5.7%.
The average rate one year ago was 2.88%.
For refis of the same type during the week of 2022-08-05, the average rate
was 5.03%.
Breckenridge VA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Breckenridge level.
Name | # of Loans | 2021 Avg. 30yFix Rate | 2021 Avg. Total Fees |
---|---|---|---|
QUICKEN LOANS, LLC | 6 | 2.35% | $11,211 |
UNITED WHOLESALE MORTGAGE, LLC | 5 | 2.48% | $6,750 |
FREEDOM MORTGAGE CORPORATION | 4 | 2.13% | $5,599 |
PENNYMAC LOAN SERVICES, LLC | 3 | 2.33% | $22,097 |
Mortgage Research Center, LLC | 2 | 2.56% | $24,416 |
CLEARPATH LENDING | 2 | 2.00% | $5,140 |
LOANDEPOT.COM, LLC | 2 | 2.25% | $3,414 |
USAA Federal Savings Bank | 2 | 2.81% | $4,057 |
CMG MORTGAGE, INC. | 2 | 2.81% | $68,720 |
NBH Bank | 1 | 3.00% | $5,303 |
Plains Commerce Bank | 1 | 2.50% | $3,341 |
The Federal Savings Bank | 1 | 2.25% | $884 |
AMERICAN FINANCIAL NETWORK, INC. | 1 | 2.25% | $4,200 |
Wells Fargo Bank | 1 | 2.25% | $12,512 |
BOKF | 1 | 3.00% | $4,844 |
CALIBER HOME LOANS, INC. | 1 | 2.25% | $7,179 |
CANOPY MORTGAGE, LLC | 1 | 2.25% | $2,043 |
CROSSCOUNTRY MORTGAGE, LLC | 1 | 2.25% | $3,268 |
FINANCE OF AMERICA MORTGAGE LLC | 1 | 2.25% | $1,766 |
MOVEMENT MORTGAGE, LLC | 1 | 2.75% | $5,647 |
Mr. Cooper ( Nationstar Mortgage ) | 1 | 2.75% | $5,396 |
NAVY FEDERAL CREDIT UNION | 1 | 2.25% | $13,234 |
The top Breckenridge VA lender as defined by loan originations is QUICKEN LOANS, LLC, with
6 VA loans originated. Their average total fees are
$11,211, which is $4,461
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Breckenridge VA lenders (with over 10 loans originated) are
.
The lowest rate Breckenridge VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Breckenridge (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $1,083,500 (13.0%) | $1,509,135 (11.8%) | 0.00 | 290 |
2018-02-01 | $1,013,500 (13.0%) | $1,488,019 (10.7%) | 0.00 | 293 |
2018-03-01 | $949,000 (7.8%) | $1,441,464 (9.6%) | 0.00 | 319 |
2018-04-01 | $839,000 (-1.3%) | $1,321,837 (5.9%) | 0.00 | 387 |
2018-05-01 | $812,000 (-1.9%) | $1,298,731 (8.3%) | 0.00 | 397 |
2018-06-01 | $849,000 (0.0%) | $1,326,467 (10.5%) | 0.00 | 470 |
2018-07-01 | $884,450 (1.2%) | $1,378,123 (10.2%) | 0.00 | 540 |
2018-08-01 | $892,500 (5.7%) | $1,397,395 (12.4%) | 0.00 | 547 |
2018-09-01 | $897,500 (0.3%) | $1,438,882 (10.8%) | 0.00 | 524 |
2018-10-01 | $890,750 (-8.8%) | $1,457,031 (3.9%) | 0.00 | 485 |
2018-11-01 | $907,000 (-9.3%) | $1,478,509 (0.5%) | 0.00 | 442 |
2018-12-01 | $959,000 (-4.1%) | $1,541,667 (3.4%) | 0.00 | 400 |
2019-01-01 | $877,500 (-19.0%) | $1,549,139 (2.7%) | 0.00 | 368 |
2019-02-01 | $769,000 (-24.1%) | $1,390,059 (-6.6%) | 0.00 | 397 |
2019-03-01 | $709,714 (-25.2%) | $1,249,377 (-13.3%) | 0.00 | 475 |
2019-04-01 | $639,000 (-23.8%) | $1,050,708 (-20.5%) | 0.00 | 615 |
2019-05-01 | $644,000 (-20.7%) | $1,016,288 (-21.8%) | 0.00 | 699 |
2019-06-01 | $635,000 (-25.2%) | $999,333 (-24.7%) | 0.00 | 859 |
2019-07-01 | $649,000 (-26.6%) | $1,016,063 (-26.3%) | 0.00 | 956 |
2019-08-01 | $632,286 (-29.2%) | $1,006,323 (-28.0%) | 0.00 | 997 |
2019-09-01 | $612,786 (-31.7%) | $983,403 (-31.7%) | 0.00 | 987 |
2019-10-01 | $619,000 (-30.5%) | $979,430 (-32.8%) | 0.00 | 907 |
2019-11-01 | $639,000 (-29.6%) | $997,510 (-32.5%) | 0.00 | 986 |
2019-12-01 | $644,950 (-32.8%) | $1,006,301 (-34.7%) | 0.00 | 885 |
2020-01-01 | $642,450 (-26.8%) | $1,026,803 (-33.7%) | 0.00 | 769 |
2020-02-01 | $675,000 (-12.2%) | $1,181,592 (-15.0%) | 0.00 | 645 |
2020-03-01 | $674,900 (-4.9%) | $1,159,092 (-7.2%) | 0.00 | 691 |
2020-04-01 | $659,000 (3.1%) | $1,110,394 (5.7%) | 0.00 | 733 |
2020-05-01 | $645,000 (0.2%) | $1,083,638 (6.6%) | 0.00 | 792 |
2020-06-01 | $652,500 (2.8%) | $1,039,589 (4.0%) | 0.00 | 1,005 |
2020-07-01 | $662,400 (2.1%) | $1,047,032 (3.1%) | 0.00 | 1,108 |
2020-08-01 | $675,000 (6.8%) | $1,091,267 (8.4%) | 0.00 | 1,052 |
2020-09-01 | $675,000 (10.2%) | $1,111,455 (13.0%) | 0.00 | 957 |
2020-10-01 | $675,000 (9.1%) | $1,144,905 (16.9%) | 0.00 | 818 |
2020-11-01 | $695,500 (8.8%) | $1,191,280 (19.4%) | 0.00 | 635 |
2020-12-01 | $699,000 (8.4%) | $1,207,007 (19.9%) | 0.00 | 567 |
2021-01-01 | $710,000 (10.5%) | $1,214,686 (18.3%) | 0.00 | 541 |
2021-02-01 | $682,000 (1.0%) | $1,103,967 (-6.6%) | 0.00 | 602 |
2021-03-01 | $710,000 (5.2%) | $1,190,107 (2.7%) | 0.00 | 590 |
2021-04-01 | $749,000 (13.7%) | $1,264,665 (13.9%) | 0.00 | 582 |
2021-05-01 | $765,000 (18.6%) | $1,239,908 (14.4%) | 0.00 | 615 |
2021-06-01 | $792,500 (21.5%) | $1,264,338 (21.6%) | 0.00 | 647 |
2021-07-01 | $782,000 (18.1%) | $1,269,385 (21.2%) | 0.00 | 723 |
2021-08-01 | $780,250 (15.6%) | $1,334,778 (22.3%) | 0.00 | 762 |
2021-09-01 | $817,000 (21.0%) | $1,334,603 (20.1%) | 0.00 | 747 |
2021-10-01 | $849,000 (25.8%) | $1,401,055 (22.4%) | 0.00 | 663 |
2021-11-01 | $855,000 (22.9%) | $1,546,866 (29.9%) | 0.00 | 547 |
2021-12-01 | $895,000 (28.0%) | $1,658,192 (37.4%) | 0.00 | 500 |
2022-01-01 | $950,000 (33.8%) | $1,760,710 (45.0%) | 0.00 | 462 |
2022-02-01 | $907,500 (33.1%) | $1,673,926 (51.6%) | 0.00 | 519 |
2022-03-01 | $946,500 (33.3%) | $1,730,380 (45.4%) | 0.00 | 544 |
2022-04-01 | $1,068,677 (42.7%) | $1,737,546 (37.4%) | 0.00 | 562 |
2022-05-01 | $1,068,677 (39.7%) | $1,770,142 (42.8%) | 0.00 | 640 |
2022-06-01 | $1,056,354 (33.3%) | $1,791,178 (41.7%) | 0.00 | 747 |
Breckenridge's median listing price comes in at 0% of the national average.
Breckenridge's average listing price for 2022-06-01 was $1,791,178, a difference of $526,840 (41.7%) versus the prior year and $21,036 versus the prior month.
For the 2022-06-01 period, Breckenridge had 747 MLS listings, a difference of 107 listings (17%) versus the prior month and 100 listings (15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Breckenridge (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,329 sqft |
2018-02-01 | 0 days | 2,133 sqft |
2018-03-01 | 0 days | 2,051 sqft |
2018-04-01 | 0 days | 1,924 sqft |
2018-05-01 | 0 days | 1,847 sqft |
2018-06-01 | 0 days | 1,954 sqft |
2018-07-01 | 0 days | 2,004 sqft |
2018-08-01 | 0 days | 1,999 sqft |
2018-09-01 | 0 days | 2,051 sqft |
2018-10-01 | 0 days | 2,027 sqft |
2018-11-01 | 0 days | 1,941 sqft |
2018-12-01 | 0 days | 2,030 sqft |
2019-01-01 | 0 days | 1,700 sqft |
2019-02-01 | 0 days | 1,562 sqft |
2019-03-01 | 0 days | 1,408 sqft |
2019-04-01 | 0 days | 1,197 sqft |
2019-05-01 | 0 days | 1,175 sqft |
2019-06-01 | 0 days | 1,183 sqft |
2019-07-01 | 0 days | 1,200 sqft |
2019-08-01 | 0 days | 1,203 sqft |
2019-09-01 | 0 days | 1,200 sqft |
2019-10-01 | 0 days | 1,212 sqft |
2019-11-01 | 0 days | 1,216 sqft |
2019-12-01 | 0 days | 1,200 sqft |
2020-01-01 | 0 days | 1,193 sqft |
2020-02-01 | 0 days | 1,233 sqft |
2020-03-01 | 0 days | 1,220 sqft |
2020-04-01 | 0 days | 1,220 sqft |
2020-05-01 | 0 days | 1,223 sqft |
2020-06-01 | 0 days | 1,223 sqft |
2020-07-01 | 0 days | 1,253 sqft |
2020-08-01 | 0 days | 1,291 sqft |
2020-09-01 | 0 days | 1,232 sqft |
2020-10-01 | 0 days | 1,223 sqft |
2020-11-01 | 0 days | 1,240 sqft |
2020-12-01 | 0 days | 1,228 sqft |
2021-01-01 | 0 days | 1,238 sqft |
2021-02-01 | 0 days | 1,234 sqft |
2021-03-01 | 0 days | 1,224 sqft |
2021-04-01 | 0 days | 1,235 sqft |
2021-05-01 | 0 days | 1,223 sqft |
2021-06-01 | 0 days | 1,246 sqft |
2021-07-01 | 0 days | 1,320 sqft |
2021-08-01 | 0 days | 1,336 sqft |
2021-09-01 | 0 days | 1,309 sqft |
2021-10-01 | 0 days | 1,336 sqft |
2021-11-01 | 0 days | 1,385 sqft |
2021-12-01 | 0 days | 1,385 sqft |
2022-01-01 | 0 days | 1,397 sqft |
2022-02-01 | 0 days | 1,383 sqft |
2022-03-01 | 0 days | 1,349 sqft |
2022-04-01 | 0 days | 1,380 sqft |
2022-05-01 | 0 days | 1,397 sqft |
2022-06-01 | 0 days | 1,397 sqft |
Breckenridge's median square footage for active listings during the 2022-06-01 period was 1,397 sqft. One year prior, the average listing was 1,246 sqft.