Butte VA Loan Rates, Closing Costs & Stats

Butte-Silver Bow, MT

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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.

    Butte's 30 lenders originated 84 VA loans during 2024. The total origination value was $27,570,000, with an average VA loan value of $328,214.

    Butte VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Butte averaged 6.43% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Butte's average VA mortgage closing costs are $6,836.

    The average rate for the prior week (2025-03-28) was 6.35% and one month ago for the week of 2025-02-28, the average rate was 6.32%.

    The average rate one year ago was 6.63%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.06%.

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

    Butte 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 Butte level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 20 6.29% $7,595
    GUILD MORTGAGE COMPANY 7 5.95% $12,266
    UNITED WHOLESALE MORTGAGE, LLC 7 5.93% $7,508
    QUICKEN LOANS, LLC 6 6.12% $10,968
    USAA Federal Savings Bank 3 6.00% $7,755
    Mr. Cooper ( Nationstar Mortgage ) 3 5.67% $16,650
    NEW DAY FINANCIAL, LLC 3 7.29% $7,786
    LOANDEPOT.COM, LLC 2 5.49% $11,821
    CROSSCOUNTRY MORTGAGE, LLC 2 5.87% $10,289
    Barrington Bank & Trust Company, N.A. 2 6.25% $9,048
    GUARANTEED RATE, INC. 2 6.65% $6,627
    FREEDOM MORTGAGE CORPORATION 2 6.38% $13,173
    The Federal Savings Bank 2 6.88% $9,626
    Ixonia Bank 2 6.94% $10,274
    NEWREZ LLC 2 6.25% $4,227
    LAKEVIEW LOAN SERVICING, LLC 2 6.25% $3,430
    S1L, Inc. 1 5.63% $7,618
    Stockman Bank of Montana 1 7.25% $10,383
    UNION HOME MORTGAGE CORP. 1 6.00% $15,799
    Equity Prime Mortgage LLC 1 6.13% $2,842
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $17,546
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 5.63% $7,244
    Glacier Bank 1 6.13% $10,222
    ENVOY MORTGAGE, LTD 1 5.88% $13,726
    MOUNTAIN AMERICA 1 5.88% $2,776
    AXIA FINANCIAL, LLC 1 6.63% $9,206
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $11,168
    Opportunity Bank of Montana 1 5.75% $4,821
    Paramount Residential Mortgage Group, Inc. 1 6.63% $9,156
    PENNYMAC LOAN SERVICES, LLC 1 5.75% $5,842

    The top Butte VA lender as defined by loan originations is Mortgage Research Center, LLC, with 20 VA loans originated. Their average total fees are $7,595, which is $4,670 lower than the next largest lender, GUILD MORTGAGE COMPANY.

    The lowest fee Butte VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,595), .

    The lowest rate Butte VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.29%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Butte (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 $173,750 (12.3%) $242,961 (-4.5%) 0.00 154
    2018-02-01 $169,475 (13.1%) $243,688 (-1.7%) 0.00 155
    2018-03-01 $181,000 (20.9%) $261,614 (12.3%) 0.00 133
    2018-04-01 $213,000 (42.0%) $278,531 (25.3%) 0.00 136
    2018-05-01 $208,000 (31.3%) $259,046 (17.6%) 0.00 140
    2018-06-01 $179,900 (9.0%) $246,195 (12.7%) 0.00 168
    2018-07-01 $177,875 (7.2%) $234,914 (6.2%) 0.00 169
    2018-08-01 $186,250 (17.1%) $233,854 (10.2%) 0.00 183
    2018-09-01 $167,500 (5.4%) $229,956 (9.3%) 0.00 191
    2018-10-01 $158,750 (-0.2%) $218,577 (1.8%) 0.00 175
    2018-11-01 $149,249 (-6.7%) $200,463 (-11.5%) 0.00 169
    2018-12-01 $154,900 (-7.3%) $208,060 (-12.6%) 0.00 147
    2019-01-01 $155,000 (-10.8%) $211,686 (-12.9%) 0.00 126
    2019-02-01 $152,000 (-10.3%) $206,050 (-15.5%) 0.00 124
    2019-03-01 $176,570 (-2.5%) $214,436 (-18.0%) 0.00 130
    2019-04-01 $206,250 (-3.2%) $229,279 (-17.7%) 0.00 135
    2019-05-01 $222,000 (6.7%) $245,216 (-5.3%) 0.00 142
    2019-06-01 $214,997 (19.5%) $254,639 (3.4%) 0.00 167
    2019-07-01 $204,749 (15.1%) $246,071 (4.8%) 0.00 177
    2019-08-01 $194,500 (4.4%) $237,629 (1.6%) 0.00 189
    2019-09-01 $187,750 (12.1%) $233,737 (1.6%) 0.00 180
    2019-10-01 $180,000 (13.4%) $229,493 (5.0%) 0.00 174
    2019-11-01 $172,000 (15.2%) $230,304 (14.9%) 0.00 153
    2019-12-01 $189,600 (22.4%) $237,162 (14.0%) 0.00 136
    2020-01-01 $183,850 (18.6%) $236,338 (11.7%) 0.00 125
    2020-02-01 $192,500 (26.6%) $250,340 (21.5%) 0.00 113
    2020-03-01 $198,375 (12.4%) $263,210 (22.8%) 0.00 111
    2020-04-01 $221,850 (7.6%) $263,412 (14.9%) 0.00 110
    2020-05-01 $255,000 (14.9%) $268,611 (9.5%) 0.00 120
    2020-06-01 $232,000 (7.9%) $275,044 (8.0%) 0.00 114
    2020-07-01 $239,000 (16.7%) $262,964 (6.9%) 0.00 107
    2020-08-01 $254,500 (30.9%) $262,669 (10.5%) 0.00 109
    2020-09-01 $260,000 (38.5%) $258,887 (10.8%) 0.00 99
    2020-10-01 $239,000 (32.8%) $266,941 (16.3%) 0.00 97
    2020-11-01 $204,663 (19.0%) $250,605 (8.8%) 0.00 103
    2020-12-01 $196,000 (3.4%) $237,751 (0.3%) 0.00 88
    2021-01-01 $175,000 (-4.8%) $229,673 (-2.8%) 0.00 62
    2021-02-01 $190,500 (-1.0%) $230,045 (-8.1%) 0.00 47
    2021-03-01 $190,250 (-4.1%) $375,625 (42.7%) 0.00 29
    2021-04-01 $193,750 (-12.7%) $484,634 (84.0%) 0.00 39
    2021-05-01 $225,000 (-11.8%) $446,884 (66.4%) 0.00 45
    2021-06-01 $267,475 (15.3%) $417,720 (51.9%) 0.00 60
    2021-07-01 $237,000 (-0.8%) $507,000 (92.8%) 0.00 64
    2021-08-01 $249,000 (-2.2%) $501,995 (91.1%) 0.00 83
    2021-09-01 $291,750 (12.2%) $527,482 (103.8%) 0.00 94
    2021-10-01 $269,000 (12.6%) $543,773 (103.7%) 0.00 77
    2021-11-01 $277,250 (35.5%) $539,343 (115.2%) 0.00 73
    2021-12-01 $296,750 (51.4%) $625,927 (163.3%) 0.00 59
    2022-01-01 $325,000 (85.7%) $697,997 (203.9%) 0.00 44
    2022-02-01 $322,500 (69.3%) $537,453 (133.6%) 0.00 46
    2022-03-01 $329,250 (73.1%) $545,574 (45.2%) 0.00 50
    2022-04-01 $329,000 (69.8%) $551,479 (13.8%) 0.00 45
    2022-05-01 $375,000 (66.7%) $597,976 (33.8%) 0.00 45
    2022-06-01 $280,750 (5.0%) $485,354 (16.2%) 0.00 60
    2022-07-01 $311,000 (31.2%) $550,776 (8.6%) 0.00 84
    2022-08-01 $347,225 (39.5%) $550,100 (9.6%) 0.00 106
    2022-09-01 $360,000 (23.4%) $593,973 (12.6%) 0.00 99
    2022-10-01 $348,000 (29.4%) $611,743 (12.5%) 0.00 87
    2022-11-01 $340,250 (22.7%) $613,256 (13.7%) 0.00 91
    2022-12-01 $339,950 (14.6%) $621,009 (-0.8%) 0.00 93
    2023-01-01 $339,500 (4.5%) $628,611 (-9.9%) 0.00 86
    2023-02-01 $337,500 (4.7%) $532,297 (-1.0%) 0.00 78
    2023-03-01 $346,750 (5.3%) $567,341 (4.0%) 0.00 77
    2023-04-01 $373,000 (13.4%) $567,808 (3.0%) 0.00 68
    2023-05-01 $356,000 (-5.1%) $573,614 (-4.1%) 0.00 75
    2023-06-01 $351,250 (25.1%) $574,147 (18.3%) 0.00 90
    2023-07-01 $377,000 (21.2%) $556,114 (1.0%) 0.00 105
    2023-08-01 $354,000 (2.0%) $512,888 (-6.8%) 0.00 129
    2023-09-01 $344,500 (-4.3%) $504,696 (-15.0%) 0.00 126
    2023-10-01 $326,000 (-6.3%) $493,474 (-19.3%) 0.00 137
    2023-11-01 $324,250 (-4.7%) $498,228 (-18.8%) 0.00 136
    2023-12-01 $325,000 (-4.4%) $500,220 (-19.5%) 0.00 123
    2024-01-01 $320,000 (-5.7%) $531,304 (-15.5%) 0.00 111
    2024-02-01 $305,125 (-9.6%) $529,196 (-0.6%) 0.00 104
    2024-03-01 $299,413 (-13.7%) $505,433 (-10.9%) 0.00 106
    2024-04-01 $336,000 (-9.9%) $524,781 (-7.6%) 0.00 119
    2024-05-01 $340,031 (-4.5%) $520,563 (-9.3%) 0.00 141
    2024-06-01 $347,000 (-1.2%) $518,958 (-9.6%) 0.00 178
    2024-07-01 $344,531 (-8.6%) $518,762 (-6.7%) 0.00 189
    2024-08-01 $342,563 (-3.2%) $513,801 (0.2%) 0.00 199
    2024-09-01 $351,000 (1.9%) $491,073 (-2.7%) 0.00 195
    2024-10-01 $345,500 (6.0%) $495,859 (0.5%) 0.00 187
    2024-11-01 $348,500 (7.5%) $504,641 (1.3%) 0.00 161
    2024-12-01 $340,000 (4.6%) $509,948 (1.9%) 0.00 128
    2025-01-01 $325,750 (1.8%) $463,101 (-12.8%) 0.00 115
    2025-02-01 $344,538 (12.9%) $479,286 (-9.4%) 0.00 110
    2025-03-01 $349,900 (16.9%) $460,760 (-8.8%) 0.00 114
    Butte's median listing price for 2025-03-01 was $349,900, a difference of $50,487 (16.9%) versus the prior year and $5,362 versus the prior month.

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

    Butte's average listing price for 2025-03-01 was $460,760, a difference of $-44,673 (-8.8%) versus the prior year and $-18,526 versus the prior month.

    For the 2025-03-01 period, Butte had 114 MLS listings, a difference of 4 listings (4%) versus the prior month and 8 listings (8%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Butte (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,679 sqft
    2018-02-01 0 days 1,698 sqft
    2018-03-01 0 days 1,736 sqft
    2018-04-01 0 days 1,806 sqft
    2018-05-01 0 days 1,800 sqft
    2018-06-01 0 days 1,800 sqft
    2018-07-01 0 days 1,741 sqft
    2018-08-01 0 days 1,894 sqft
    2018-09-01 0 days 1,922 sqft
    2018-10-01 0 days 1,767 sqft
    2018-11-01 0 days 1,644 sqft
    2018-12-01 0 days 1,680 sqft
    2019-01-01 0 days 1,713 sqft
    2019-02-01 0 days 1,705 sqft
    2019-03-01 0 days 1,744 sqft
    2019-04-01 0 days 1,774 sqft
    2019-05-01 0 days 1,925 sqft
    2019-06-01 0 days 1,990 sqft
    2019-07-01 0 days 1,814 sqft
    2019-08-01 0 days 1,892 sqft
    2019-09-01 0 days 1,908 sqft
    2019-10-01 0 days 1,893 sqft
    2019-11-01 0 days 1,789 sqft
    2019-12-01 0 days 1,741 sqft
    2020-01-01 0 days 1,693 sqft
    2020-02-01 0 days 1,656 sqft
    2020-03-01 0 days 1,680 sqft
    2020-04-01 0 days 1,696 sqft
    2020-05-01 0 days 1,874 sqft
    2020-06-01 0 days 1,914 sqft
    2020-07-01 0 days 1,411 sqft
    2020-08-01 0 days 1,298 sqft
    2020-09-01 0 days 1,298 sqft
    2020-10-01 0 days 1,298 sqft
    2020-11-01 0 days 1,482 sqft
    2020-12-01 0 days 1,520 sqft
    2021-01-01 0 days 1,468 sqft
    2021-02-01 0 days 1,655 sqft
    2021-03-01 0 days 1,675 sqft
    2021-04-01 0 days 1,767 sqft
    2021-05-01 0 days 2,112 sqft
    2021-06-01 0 days 1,998 sqft
    2021-07-01 0 days 1,824 sqft
    2021-08-01 0 days 1,795 sqft
    2021-09-01 0 days 2,016 sqft
    2021-10-01 0 days 2,081 sqft
    2021-11-01 0 days 2,109 sqft
    2021-12-01 0 days 2,210 sqft
    2022-01-01 0 days 2,195 sqft
    2022-02-01 0 days 2,166 sqft
    2022-03-01 0 days 2,184 sqft
    2022-04-01 0 days 2,213 sqft
    2022-05-01 0 days 2,352 sqft
    2022-06-01 0 days 1,832 sqft
    2022-07-01 0 days 1,934 sqft
    2022-08-01 0 days 1,920 sqft
    2022-09-01 0 days 2,219 sqft
    2022-10-01 0 days 2,129 sqft
    2022-11-01 0 days 2,016 sqft
    2022-12-01 0 days 2,048 sqft
    2023-01-01 0 days 1,989 sqft
    2023-02-01 0 days 1,889 sqft
    2023-03-01 0 days 1,808 sqft
    2023-04-01 0 days 1,875 sqft
    2023-05-01 0 days 1,787 sqft
    2023-06-01 0 days 1,771 sqft
    2023-07-01 0 days 1,824 sqft
    2023-08-01 0 days 1,740 sqft
    2023-09-01 0 days 1,792 sqft
    2023-10-01 0 days 1,753 sqft
    2023-11-01 0 days 1,713 sqft
    2023-12-01 0 days 1,764 sqft
    2024-01-01 0 days 1,616 sqft
    2024-02-01 0 days 1,529 sqft
    2024-03-01 0 days 1,404 sqft
    2024-04-01 0 days 1,683 sqft
    2024-05-01 0 days 1,739 sqft
    2024-06-01 0 days 1,845 sqft
    2024-07-01 0 days 1,825 sqft
    2024-08-01 0 days 1,809 sqft
    2024-09-01 0 days 1,878 sqft
    2024-10-01 0 days 1,823 sqft
    2024-11-01 0 days 1,867 sqft
    2024-12-01 0 days 1,845 sqft
    2025-01-01 0 days 1,851 sqft
    2025-02-01 0 days 1,894 sqft
    2025-03-01 0 days 1,818 sqft
    Butte's median listing age (time on market) for 2025-03-01 was 0 days.

    Butte's median square footage for active listings during the 2025-03-01 period was 1,818 sqft. One year prior, the average listing was 1,404 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.