Brenham VA Loan Rates, Closing Costs & Stats

Brenham, TX

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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.

    Brenham's 10 lenders originated 22 VA loans during 2023. The total origination value was $7,170,000, with an average VA loan value of $325,909.

    Brenham VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Brenham averaged 5.81% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Brenham's average VA mortgage closing costs are $6,275.

    The average rate for the prior week (2024-12-06) was 6.24% and one month ago for the week of 2024-11-08, the average rate was 6.14%.

    The average rate one year ago was 6.28%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.28%.

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

    Brenham 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 Brenham level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 5 5.27% $5,411
    Mortgage Research Center, LLC 5 6.53% $10,754
    AMCAP MORTGAGE, LTD. 2 6.50% $12,694
    CROSSCOUNTRY MORTGAGE, LLC 2 5.48% $977
    NAVY FEDERAL CREDIT UNION 2 5.38% $5,148
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.63% $15,990
    Wells Fargo Bank 1 5.75% $5,925
    T2 FINANCIAL LLC 1 6.75% $12,146
    USAA Federal Savings Bank 1 6.13% $15,014
    CORNERSTONE HOME LENDING, INC. 1 5.75% $3,500

    The top Brenham VA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 5 VA loans originated. Their average total fees are $5,411, which is $5,343 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Brenham VA lenders (with over 10 loans originated) are .

    The lowest rate Brenham VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Brenham (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 $267,425 (22.0%) $346,875 (29.7%) 0.00 92
    2018-02-01 $255,425 (8.8%) $367,602 (38.0%) 0.00 87
    2018-03-01 $254,500 (5.6%) $400,915 (49.7%) 0.00 92
    2018-04-01 $277,250 (18.0%) $403,590 (48.7%) 0.00 103
    2018-05-01 $286,300 (22.5%) $384,049 (38.1%) 0.00 108
    2018-06-01 $301,950 (29.1%) $380,669 (25.4%) 0.00 108
    2018-07-01 $295,950 (23.5%) $365,357 (17.4%) 0.00 94
    2018-08-01 $274,700 (15.4%) $362,672 (17.6%) 0.00 96
    2018-09-01 $297,950 (24.7%) $368,686 (14.0%) 0.00 81
    2018-10-01 $279,900 (16.8%) $355,030 (12.0%) 0.00 81
    2018-11-01 $289,475 (16.1%) $351,907 (14.2%) 0.00 74
    2018-12-01 $269,000 (6.1%) $336,260 (5.8%) 0.00 72
    2019-01-01 $270,000 (1.0%) $376,592 (8.6%) 0.00 68
    2019-02-01 $274,875 (7.6%) $404,852 (10.1%) 0.00 71
    2019-03-01 $261,621 (2.8%) $391,833 (-2.3%) 0.00 77
    2019-04-01 $254,246 (-8.3%) $380,860 (-5.6%) 0.00 87
    2019-05-01 $249,600 (-12.8%) $377,258 (-1.8%) 0.00 86
    2019-06-01 $250,000 (-17.2%) $359,512 (-5.6%) 0.00 88
    2019-07-01 $295,733 (-0.1%) $383,708 (5.0%) 0.00 93
    2019-08-01 $299,079 (8.9%) $392,169 (8.1%) 0.00 92
    2019-09-01 $292,847 (-1.7%) $381,257 (3.4%) 0.00 83
    2019-10-01 $288,225 (3.0%) $369,844 (4.2%) 0.00 78
    2019-11-01 $275,000 (-5.0%) $388,013 (10.3%) 0.00 79
    2019-12-01 $276,000 (2.6%) $405,553 (20.6%) 0.00 76
    2020-01-01 $282,250 (4.5%) $409,928 (8.9%) 0.00 74
    2020-02-01 $299,000 (8.8%) $428,031 (5.7%) 0.00 73
    2020-03-01 $327,000 (25.0%) $447,883 (14.3%) 0.00 84
    2020-04-01 $301,488 (18.6%) $432,150 (13.5%) 0.00 90
    2020-05-01 $298,475 (19.6%) $427,603 (13.4%) 0.00 95
    2020-06-01 $279,000 (11.6%) $424,509 (18.1%) 0.00 85
    2020-07-01 $306,250 (3.6%) $431,662 (12.5%) 0.00 78
    2020-08-01 $291,000 (-2.7%) $399,694 (1.9%) 0.00 68
    2020-09-01 $297,750 (1.7%) $409,770 (7.5%) 0.00 66
    2020-10-01 $299,500 (3.9%) $398,116 (7.6%) 0.00 63
    2020-11-01 $282,250 (2.6%) $342,367 (-11.8%) 0.00 58
    2020-12-01 $282,600 (2.4%) $350,567 (-13.6%) 0.00 55
    2021-01-01 $299,000 (5.9%) $353,932 (-13.7%) 0.00 46
    2021-02-01 $272,869 (-8.7%) $333,340 (-22.1%) 0.00 55
    2021-03-01 $272,675 (-16.6%) $372,612 (-16.8%) 0.00 53
    2021-04-01 $302,500 (0.3%) $412,416 (-4.6%) 0.00 36
    2021-05-01 $310,000 (3.9%) $434,887 (1.7%) 0.00 25
    2021-06-01 $313,750 (12.5%) $434,407 (2.3%) 0.00 29
    2021-07-01 $318,000 (3.8%) $436,064 (1.0%) 0.00 30
    2021-08-01 $370,500 (27.3%) $460,196 (15.1%) 0.00 40
    2021-09-01 $374,000 (25.6%) $478,753 (16.8%) 0.00 52
    2021-10-01 $375,000 (25.2%) $475,049 (19.3%) 0.00 57
    2021-11-01 $329,000 (16.6%) $441,651 (29.0%) 0.00 52
    2021-12-01 $354,575 (25.5%) $429,218 (22.4%) 0.00 55
    2022-01-01 $344,000 (15.1%) $439,421 (24.2%) 0.00 47
    2022-02-01 $316,615 (16.0%) $422,495 (26.8%) 0.00 44
    2022-03-01 $299,375 (9.8%) $415,998 (11.6%) 0.00 41
    2022-04-01 $299,000 (-1.2%) $395,711 (-4.1%) 0.00 35
    2022-05-01 $320,723 (3.5%) $442,278 (1.7%) 0.00 45
    2022-06-01 $322,500 (2.8%) $449,000 (3.4%) 0.00 65
    2022-07-01 $327,000 (2.8%) $445,896 (2.3%) 0.00 77
    2022-08-01 $321,000 (-13.4%) $443,975 (-3.5%) 0.00 83
    2022-09-01 $336,225 (-10.1%) $472,914 (-1.2%) 0.00 88
    2022-10-01 $325,000 (-13.3%) $467,286 (-1.6%) 0.00 97
    2022-11-01 $319,925 (-2.8%) $444,336 (0.6%) 0.00 95
    2022-12-01 $319,700 (-9.8%) $453,637 (5.7%) 0.00 86
    2023-01-01 $320,985 (-6.7%) $454,017 (3.3%) 0.00 67
    2023-02-01 $326,338 (3.1%) $439,598 (4.1%) 0.00 69
    2023-03-01 $320,725 (7.1%) $445,181 (7.0%) 0.00 66
    2023-04-01 $322,893 (8.0%) $415,392 (5.0%) 0.00 71
    2023-05-01 $339,450 (5.8%) $411,920 (-6.9%) 0.00 69
    2023-06-01 $337,500 (4.7%) $438,153 (-2.4%) 0.00 91
    2023-07-01 $339,900 (3.9%) $458,017 (2.7%) 0.00 97
    2023-08-01 $338,950 (5.6%) $448,718 (1.1%) 0.00 102
    2023-09-01 $336,000 (-0.1%) $539,728 (14.1%) 0.00 101
    2023-10-01 $346,975 (6.8%) $540,902 (15.8%) 0.00 99
    2023-11-01 $349,950 (9.4%) $604,430 (36.0%) 0.00 94
    2023-12-01 $350,000 (9.5%) $603,350 (33.0%) 0.00 93
    2024-01-01 $346,170 (7.9%) $595,216 (31.1%) 0.00 89
    2024-02-01 $364,975 (11.8%) $642,235 (46.1%) 0.00 89
    2024-03-01 $341,250 (6.4%) $575,993 (29.4%) 0.00 100
    2024-04-01 $336,250 (4.1%) $541,578 (30.4%) 0.00 117
    2024-05-01 $353,875 (4.3%) $641,825 (55.8%) 0.00 125
    2024-06-01 $365,000 (8.2%) $627,828 (43.3%) 0.00 132
    2024-07-01 $356,750 (5.0%) $649,483 (41.8%) 0.00 149
    2024-08-01 $352,250 (3.9%) $657,205 (46.5%) 0.00 145
    2024-09-01 $349,975 (4.2%) $679,704 (25.9%) 0.00 137
    2024-10-01 $349,075 (0.6%) $662,669 (22.5%) 0.00 149
    2024-11-01 $366,900 (4.8%) $683,851 (13.1%) 0.00 142
    Brenham's median listing price for 2024-11-01 was $366,900, a difference of $16,950 (4.8%) versus the prior year and $17,825 versus the prior month.

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

    Brenham's average listing price for 2024-11-01 was $683,851, a difference of $79,421 (13.1%) versus the prior year and $21,182 versus the prior month.

    For the 2024-11-01 period, Brenham had 142 MLS listings, a difference of -7 listings (-5%) versus the prior month and 48 listings (51%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Brenham (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,268 sqft
    2018-02-01 0 days 2,268 sqft
    2018-03-01 0 days 2,241 sqft
    2018-04-01 0 days 2,372 sqft
    2018-05-01 0 days 2,303 sqft
    2018-06-01 0 days 2,397 sqft
    2018-07-01 0 days 2,308 sqft
    2018-08-01 0 days 2,162 sqft
    2018-09-01 0 days 2,144 sqft
    2018-10-01 0 days 2,194 sqft
    2018-11-01 0 days 2,286 sqft
    2018-12-01 0 days 2,149 sqft
    2019-01-01 0 days 2,131 sqft
    2019-02-01 0 days 2,105 sqft
    2019-03-01 0 days 2,056 sqft
    2019-04-01 0 days 1,985 sqft
    2019-05-01 0 days 1,939 sqft
    2019-06-01 0 days 1,951 sqft
    2019-07-01 0 days 2,082 sqft
    2019-08-01 0 days 2,091 sqft
    2019-09-01 0 days 2,091 sqft
    2019-10-01 0 days 2,091 sqft
    2019-11-01 0 days 1,935 sqft
    2019-12-01 0 days 1,941 sqft
    2020-01-01 0 days 1,949 sqft
    2020-02-01 0 days 2,072 sqft
    2020-03-01 0 days 2,100 sqft
    2020-04-01 0 days 2,089 sqft
    2020-05-01 0 days 2,094 sqft
    2020-06-01 0 days 2,097 sqft
    2020-07-01 0 days 2,103 sqft
    2020-08-01 0 days 2,073 sqft
    2020-09-01 0 days 2,093 sqft
    2020-10-01 0 days 2,101 sqft
    2020-11-01 0 days 2,041 sqft
    2020-12-01 0 days 1,889 sqft
    2021-01-01 0 days 1,850 sqft
    2021-02-01 0 days 1,865 sqft
    2021-03-01 0 days 1,857 sqft
    2021-04-01 0 days 1,808 sqft
    2021-05-01 0 days 1,863 sqft
    2021-06-01 0 days 1,836 sqft
    2021-07-01 0 days 1,706 sqft
    2021-08-01 0 days 1,951 sqft
    2021-09-01 0 days 2,050 sqft
    2021-10-01 0 days 1,888 sqft
    2021-11-01 0 days 1,879 sqft
    2021-12-01 0 days 1,828 sqft
    2022-01-01 0 days 1,816 sqft
    2022-02-01 0 days 1,817 sqft
    2022-03-01 0 days 1,816 sqft
    2022-04-01 0 days 1,632 sqft
    2022-05-01 0 days 1,770 sqft
    2022-06-01 0 days 1,829 sqft
    2022-07-01 0 days 1,817 sqft
    2022-08-01 0 days 1,783 sqft
    2022-09-01 0 days 1,824 sqft
    2022-10-01 0 days 1,857 sqft
    2022-11-01 0 days 1,825 sqft
    2022-12-01 0 days 1,916 sqft
    2023-01-01 0 days 1,925 sqft
    2023-02-01 0 days 1,892 sqft
    2023-03-01 0 days 1,849 sqft
    2023-04-01 0 days 1,845 sqft
    2023-05-01 0 days 1,809 sqft
    2023-06-01 0 days 1,697 sqft
    2023-07-01 0 days 1,754 sqft
    2023-08-01 0 days 1,754 sqft
    2023-09-01 0 days 1,823 sqft
    2023-10-01 0 days 1,789 sqft
    2023-11-01 0 days 1,780 sqft
    2023-12-01 0 days 1,902 sqft
    2024-01-01 0 days 1,929 sqft
    2024-02-01 0 days 1,997 sqft
    2024-03-01 0 days 1,955 sqft
    2024-04-01 0 days 1,730 sqft
    2024-05-01 0 days 1,905 sqft
    2024-06-01 0 days 1,957 sqft
    2024-07-01 0 days 1,953 sqft
    2024-08-01 0 days 1,845 sqft
    2024-09-01 0 days 1,817 sqft
    2024-10-01 0 days 1,841 sqft
    2024-11-01 0 days 1,841 sqft
    Brenham's median listing age (time on market) for 2024-11-01 was 0 days.

    Brenham's median square footage for active listings during the 2024-11-01 period was 1,841 sqft. One year prior, the average listing was 1,780 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.