Brownsville VA Loan Rates, Closing Costs & Stats

BROWNSVILLE-HARLINGEN, 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.

    Brownsville's 67 lenders originated 410 VA loans during 2024. The total origination value was $127,350,000, with an average VA loan value of $310,610.

    Brownsville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Brownsville averaged 6.65% for the week of 2025-07-11, compared to the national average (all VA variants) of 6.37% for the same period.

    Brownsville's average VA mortgage closing costs are $5,649.

    The average rate for the prior week (2025-07-04) was 6.56% and one month ago for the week of 2025-06-06, the average rate was 6.94%.

    The average rate one year ago was 7.06%.

    For refis of the same type during the week of 2025-07-11, the average rate was 6.37%.

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

    Brownsville 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 Brownsville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 89 6.47% $5,098
    UNITED WHOLESALE MORTGAGE, LLC 46 6.12% $5,841
    FREEDOM MORTGAGE CORPORATION 28 5.99% $5,680
    NAVY FEDERAL CREDIT UNION 15 5.99% $4,390
    DAS Acquisition Company, LLC 13 6.12% $7,078
    QUICKEN LOANS, LLC 12 5.70% $7,103
    MORTGAGE SOLUTIONS OF COLORADO, LLC 12 7.34% $5,018
    NATIONS RELIABLE LENDING, LLC 11 6.41% $8,216
    CMG MORTGAGE, INC. 11 6.36% $10,710
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 6.14% $8,254
    PENNYMAC LOAN SERVICES, LLC 9 5.39% $8,102
    CROSSCOUNTRY MORTGAGE, LLC 9 6.30% $5,870
    USAA Federal Savings Bank 8 6.22% $10,869
    VILLAGE CAPITAL MORTGAGE 8 5.56% $5,963
    GUARANTEED RATE, INC. 6 6.23% $23,075
    SECURITYNATIONAL MORTGAGE COMPANY 6 6.50% $11,346
    AMERICAN PACIFIC MORTGAGE CORPORATION 6 6.46% $11,384
    DIRECTIONS EQUITY, LLC 6 6.25% $6,097
    PLANET HOME LENDING, LLC 5 5.65% $4,223
    NBKC BANK 5 6.17% $4,187
    MOVEMENT MORTGAGE, LLC 5 6.05% $5,349
    WILLOW BEND MORTGAGE COMPANY, LLC 5 6.43% $9,055
    GENEVA FINANCIAL, LLC 4 7.31% $5,360
    PLAZA HOME MORTGAGE, INC. 4 5.46% $5,424
    Nations Lending Corporation 3 7.04% $10,848
    Flagstar Bank, FSB 3 5.83% $13,999
    GUILD MORTGAGE COMPANY 3 7.08% $8,423
    HALLMARK HOME MORTGAGE, LLC 3 6.42% $9,419
    HOMESIDE FINANCIAL, LLC 3 6.75% $14,069
    JPMorgan Chase Bank 3 6.12% $6,207
    Mr. Cooper ( Nationstar Mortgage ) 3 5.21% $3,157
    Mid-Continent Funding, Inc. 2 6.00% $11,706
    SUN WEST MORTGAGE COMPANY, INC. 2 5.81% $4,163
    SOUTHWEST FUNDING, LP 2 6.75% $10,636
    Plains Commerce Bank 2 6.13% $9,670
    NEWREZ LLC 2 6.19% $3,317
    Lakeview Community Capital, LLC 2 6.00% $5,013
    ZILLOW HOME LOANS, LLC 1 6.75% $7,190
    ALLIED MORTGAGE GROUP, INC. 1 5.25% $11,624
    AMERICAN FINANCIAL NETWORK, INC. 1 7.13% $462
    AmeriHome Mortgage Company, LLC 1 6.63% $2,682
    ASCENT HOME LENDING, LLC 1 6.25% $16,531
    Barrington Bank & Trust Company, N.A. 1 6.25% $3,524
    Carrington Mortgage Services, LLC 1 5.63% $10,410
    Century Mortgage Company DBA Century Lending Company 1 6.50% $1,217
    CORNERSTONE HOME LENDING, INC. 1 6.07% $9,142
    Credence Funding Corporation 1 5.88% $5,275
    Equity Prime Mortgage LLC 1 6.00% $0
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.75% $12,853
    Gateway First Bank 1 6.63% $9,410
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.75% $4,517
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $12,679
    HomePromise Corporation 1 7.50% $865
    MORTGAGEONE, INC. 1 6.25% $11,557
    NEW FED MORTGAGE, CORP. 1 6.63% $15,784
    Paramount Residential Mortgage Group, Inc. 1 5.99% $13,597
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $7,533
    PNC Bank 1 6.38% $16,415
    PREMIA MORTGAGE, LLC 1 5.50% $3,385
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.13% $11,621
    S1L, Inc. 1 7.13% $8,083
    Stride Bank 1 6.25% $6,526
    The Loan Store, Inc. 1 5.63% $13,322
    UNIVERSITY Federal Credit Union 1 6.13% $3,809
    U.S. Bank 1 5.99% $4,225
    Wallick & Volk, Inc. 1 5.95% $7,643
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.75% $7,770

    The top Brownsville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 89 VA loans originated. Their average total fees are $5,098, which is $743 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Brownsville VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($4,390), MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,018), Mortgage Research Center, LLC ($5,098), FREEDOM MORTGAGE CORPORATION ($5,680) and UNITED WHOLESALE MORTGAGE, LLC ($5,841).

    The lowest rate Brownsville VA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (5.70%), FREEDOM MORTGAGE CORPORATION (5.99%), NAVY FEDERAL CREDIT UNION (5.99%), DAS Acquisition Company, LLC (6.12%) and UNITED WHOLESALE MORTGAGE, LLC (6.12%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Brownsville (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 $200,000 (2.6%) $282,802 (2.6%) 0.74 1,594
    2018-02-01 $203,725 (5.1%) $284,188 (2.7%) 0.74 1,609
    2018-03-01 $209,000 (6.4%) $294,612 (4.6%) 0.73 1,607
    2018-04-01 $209,950 (5.2%) $297,105 (4.4%) 0.71 1,566
    2018-05-01 $221,950 (8.3%) $303,947 (5.5%) 0.74 1,560
    2018-06-01 $225,000 (6.5%) $307,866 (3.8%) 0.75 1,602
    2018-07-01 $224,950 (7.1%) $306,965 (3.3%) 0.75 1,630
    2018-08-01 $220,975 (8.1%) $305,594 (4.6%) 0.74 1,636
    2018-09-01 $215,000 (7.6%) $302,299 (4.2%) 0.72 1,582
    2018-10-01 $218,174 (9.1%) $308,276 (6.7%) 0.74 1,558
    2018-11-01 $217,900 (6.7%) $305,311 (5.3%) 0.74 1,556
    2018-12-01 $215,000 (3.6%) $301,647 (4.2%) 0.74 1,521
    2019-01-01 $212,500 (6.3%) $298,967 (5.7%) 0.73 1,458
    2019-02-01 $214,675 (5.4%) $299,483 (5.4%) 0.73 1,472
    2019-03-01 $221,786 (6.1%) $303,218 (2.9%) 0.73 1,475
    2019-04-01 $224,900 (7.1%) $303,365 (2.1%) 0.71 1,487
    2019-05-01 $229,950 (3.6%) $308,294 (1.4%) 0.72 1,479
    2019-06-01 $229,900 (2.2%) $309,374 (0.5%) 0.72 1,493
    2019-07-01 $232,000 (3.1%) $317,994 (3.6%) 0.73 1,421
    2019-08-01 $232,818 (5.4%) $322,183 (5.4%) 0.74 1,403
    2019-09-01 $234,045 (8.9%) $326,980 (8.2%) 0.75 1,383
    2019-10-01 $237,000 (8.6%) $332,088 (7.7%) 0.76 1,356
    2019-11-01 $235,000 (7.9%) $326,843 (7.1%) 0.77 1,322
    2019-12-01 $230,000 (7.0%) $320,129 (6.1%) 0.77 1,325
    2020-01-01 $229,383 (7.9%) $318,980 (6.7%) 0.77 1,261
    2020-02-01 $230,000 (7.1%) $319,744 (6.8%) 0.75 1,271
    2020-03-01 $239,000 (7.8%) $326,854 (7.8%) 0.75 1,243
    2020-04-01 $239,000 (6.3%) $326,603 (7.7%) 0.75 1,217
    2020-05-01 $245,900 (6.9%) $365,176 (18.5%) 0.75 1,178
    2020-06-01 $250,000 (8.7%) $371,113 (20.0%) 0.74 1,017
    2020-07-01 $256,000 (10.3%) $375,911 (18.2%) 0.74 933
    2020-08-01 $249,000 (7.0%) $367,748 (14.1%) 0.71 873
    2020-09-01 $249,000 (6.4%) $373,373 (14.2%) 0.71 819
    2020-10-01 $249,900 (5.4%) $379,767 (14.4%) 0.72 761
    2020-11-01 $249,450 (6.2%) $383,033 (17.2%) 0.73 740
    2020-12-01 $249,949 (8.7%) $386,507 (20.7%) 0.74 713
    2021-01-01 $255,999 (11.6%) $395,026 (23.8%) 0.76 623
    2021-02-01 $260,000 (13.0%) $397,632 (24.4%) 0.76 566
    2021-03-01 $257,950 (7.9%) $403,939 (23.6%) 0.73 522
    2021-04-01 $260,000 (8.8%) $427,602 (30.9%) 0.70 445
    2021-05-01 $279,500 (13.7%) $467,976 (28.2%) 0.74 370
    2021-06-01 $278,000 (11.2%) $469,109 (26.4%) 0.73 353
    2021-07-01 $285,000 (11.3%) $472,651 (25.7%) 0.75 408
    2021-08-01 $286,600 (15.1%) $462,323 (25.7%) 0.76 439
    2021-09-01 $292,000 (17.3%) $463,792 (24.2%) 0.78 464
    2021-10-01 $282,500 (13.1%) $470,175 (23.8%) 0.75 465
    2021-11-01 $294,750 (18.2%) $478,704 (25.0%) 0.79 457
    2021-12-01 $296,000 (18.4%) $491,233 (27.1%) 0.80 452
    2022-01-01 $299,950 (17.2%) $519,096 (31.4%) 0.81 408
    2022-02-01 $304,975 (17.3%) $520,426 (30.9%) 0.79 405
    2022-03-01 $321,000 (24.4%) $523,280 (29.5%) 0.80 405
    2022-04-01 $325,000 (25.0%) $521,244 (21.9%) 0.77 427
    2022-05-01 $323,348 (15.7%) $487,061 (4.1%) 0.74 462
    2022-06-01 $339,475 (22.1%) $469,147 (0.0%) 0.76 544
    2022-07-01 $325,000 (14.0%) $463,121 (-2.0%) 0.73 613
    2022-08-01 $325,000 (13.4%) $456,110 (-1.3%) 0.75 686
    2022-09-01 $328,375 (12.5%) $449,899 (-3.0%) 0.77 714
    2022-10-01 $321,000 (13.6%) $428,511 (-8.9%) 0.76 821
    2022-11-01 $323,000 (9.6%) $425,359 (-11.1%) 0.78 868
    2022-12-01 $320,000 (8.1%) $421,106 (-14.3%) 0.79 863
    2023-01-01 $317,475 (5.8%) $419,735 (-19.1%) 0.79 864
    2023-02-01 $319,000 (4.6%) $419,299 (-19.4%) 0.77 882
    2023-03-01 $319,000 (-0.6%) $418,580 (-20.0%) 0.75 863
    2023-04-01 $324,500 (-0.2%) $428,276 (-17.8%) 0.75 828
    2023-05-01 $325,000 (0.5%) $434,061 (-10.9%) 0.74 824
    2023-06-01 $330,000 (-2.8%) $452,308 (-3.6%) 0.74 857
    2023-07-01 $330,000 (1.5%) $450,929 (-2.6%) 0.75 903
    2023-08-01 $325,000 (0.0%) $444,890 (-2.5%) 0.75 955
    2023-09-01 $319,000 (-2.9%) $424,352 (-5.7%) 0.74 999
    2023-10-01 $319,450 (-0.5%) $417,748 (-2.5%) 0.75 1,069
    2023-11-01 $311,250 (-3.6%) $407,704 (-4.2%) 0.74 1,155
    2023-12-01 $305,000 (-4.7%) $398,248 (-5.4%) 0.74 1,232
    2024-01-01 $307,850 (-3.0%) $402,184 (-4.2%) 0.75 1,215
    2024-02-01 $304,900 (-4.4%) $397,136 (-5.3%) 0.73 1,272
    2024-03-01 $308,000 (-3.5%) $407,178 (-2.7%) 0.72 1,309
    2024-04-01 $315,000 (-2.9%) $411,069 (-4.0%) 0.73 1,370
    2024-05-01 $317,000 (-2.5%) $410,289 (-5.5%) 0.72 1,392
    2024-06-01 $315,000 (-4.6%) $402,263 (-11.1%) 0.72 1,473
    2024-07-01 $312,500 (-5.3%) $394,809 (-12.5%) 0.71 1,506
    2024-08-01 $309,900 (-4.7%) $396,231 (-10.9%) 0.72 1,546
    2024-09-01 $306,000 (-4.1%) $396,999 (-6.5%) 0.72 1,583
    2024-10-01 $299,999 (-6.1%) $392,804 (-6.0%) 0.71 1,676
    2024-11-01 $299,000 (-3.9%) $387,877 (-4.9%) 0.72 1,752
    2024-12-01 $299,950 (-1.7%) $389,366 (-2.2%) 0.75 1,688
    2025-01-01 $305,750 (-0.7%) $391,427 (-2.7%) 0.76 1,621
    2025-02-01 $305,000 (0.0%) $392,414 (-1.2%) 0.74 1,659
    2025-03-01 $310,000 (0.7%) $393,183 (-3.4%) 0.73 1,732
    2025-04-01 $314,725 (-0.1%) $400,014 (-2.7%) 0.73 1,741
    2025-05-01 $315,000 (-0.6%) $405,402 (-1.2%) 0.72 1,744
    2025-06-01 $315,000 (0.0%) $410,226 (2.0%) 0.71 1,733
    Brownsville's median listing price for 2025-06-01 was $315,000, a difference of $0 (0.0%) versus the prior year and $0 versus the prior month.

    Brownsville's median listing price comes in at 71% of the national average.

    Brownsville's average listing price for 2025-06-01 was $410,226, a difference of $7,963 (2.0%) versus the prior year and $4,824 versus the prior month.

    For the 2025-06-01 period, Brownsville had 1,733 MLS listings, a difference of -11 listings (-1%) versus the prior month and 260 listings (18%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Brownsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 110 days 1,649 sqft
    2018-02-01 110 days 1,642 sqft
    2018-03-01 109 days 1,650 sqft
    2018-04-01 95 days 1,665 sqft
    2018-05-01 89 days 1,675 sqft
    2018-06-01 89 days 1,700 sqft
    2018-07-01 91 days 1,708 sqft
    2018-08-01 94 days 1,694 sqft
    2018-09-01 101 days 1,694 sqft
    2018-10-01 107 days 1,709 sqft
    2018-11-01 109 days 1,708 sqft
    2018-12-01 115 days 1,706 sqft
    2019-01-01 110 days 1,688 sqft
    2019-02-01 102 days 1,670 sqft
    2019-03-01 96 days 1,659 sqft
    2019-04-01 92 days 1,650 sqft
    2019-05-01 89 days 1,664 sqft
    2019-06-01 82 days 1,692 sqft
    2019-07-01 93 days 1,687 sqft
    2019-08-01 95 days 1,685 sqft
    2019-09-01 98 days 1,694 sqft
    2019-10-01 97 days 1,706 sqft
    2019-11-01 94 days 1,695 sqft
    2019-12-01 96 days 1,701 sqft
    2020-01-01 96 days 1,688 sqft
    2020-02-01 95 days 1,734 sqft
    2020-03-01 77 days 1,755 sqft
    2020-04-01 87 days 1,728 sqft
    2020-05-01 96 days 1,738 sqft
    2020-06-01 100 days 1,783 sqft
    2020-07-01 79 days 1,781 sqft
    2020-08-01 81 days 1,761 sqft
    2020-09-01 76 days 1,792 sqft
    2020-10-01 81 days 1,800 sqft
    2020-11-01 83 days 1,825 sqft
    2020-12-01 81 days 1,800 sqft
    2021-01-01 89 days 1,848 sqft
    2021-02-01 77 days 1,830 sqft
    2021-03-01 68 days 1,886 sqft
    2021-04-01 48 days 1,916 sqft
    2021-05-01 44 days 1,945 sqft
    2021-06-01 41 days 1,907 sqft
    2021-07-01 37 days 1,886 sqft
    2021-08-01 46 days 1,883 sqft
    2021-09-01 46 days 1,918 sqft
    2021-10-01 51 days 1,871 sqft
    2021-11-01 50 days 1,858 sqft
    2021-12-01 55 days 1,856 sqft
    2022-01-01 63 days 1,943 sqft
    2022-02-01 46 days 1,883 sqft
    2022-03-01 45 days 1,881 sqft
    2022-04-01 40 days 1,843 sqft
    2022-05-01 41 days 1,800 sqft
    2022-06-01 38 days 1,849 sqft
    2022-07-01 44 days 1,808 sqft
    2022-08-01 47 days 1,793 sqft
    2022-09-01 58 days 1,799 sqft
    2022-10-01 58 days 1,820 sqft
    2022-11-01 62 days 1,824 sqft
    2022-12-01 72 days 1,813 sqft
    2023-01-01 78 days 1,806 sqft
    2023-02-01 71 days 1,801 sqft
    2023-03-01 63 days 1,818 sqft
    2023-04-01 66 days 1,833 sqft
    2023-05-01 66 days 1,789 sqft
    2023-06-01 56 days 1,801 sqft
    2023-07-01 60 days 1,800 sqft
    2023-08-01 66 days 1,777 sqft
    2023-09-01 65 days 1,747 sqft
    2023-10-01 66 days 1,758 sqft
    2023-11-01 66 days 1,750 sqft
    2023-12-01 67 days 1,710 sqft
    2024-01-01 79 days 1,713 sqft
    2024-02-01 79 days 1,701 sqft
    2024-03-01 69 days 1,701 sqft
    2024-04-01 67 days 1,697 sqft
    2024-05-01 71 days 1,693 sqft
    2024-06-01 74 days 1,699 sqft
    2024-07-01 78 days 1,691 sqft
    2024-08-01 77 days 1,664 sqft
    2024-09-01 78 days 1,643 sqft
    2024-10-01 83 days 1,627 sqft
    2024-11-01 92 days 1,620 sqft
    2024-12-01 90 days 1,623 sqft
    2025-01-01 94 days 1,648 sqft
    2025-02-01 89 days 1,664 sqft
    2025-03-01 78 days 1,666 sqft
    2025-04-01 76 days 1,650 sqft
    2025-05-01 79 days 1,644 sqft
    2025-06-01 81 days 1,641 sqft
    Brownsville's median listing age (time on market) for 2025-06-01 was 81 days. This is 9% longer than the same period one year ago.

    Brownsville's median square footage for active listings during the 2025-06-01 period was 1,641 sqft. One year prior, the average listing was 1,699 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.