Centralia VA Loan Rates, Closing Costs & Stats

Centralia, WA

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.

Centralia's 59 lenders originated 188 VA loans during 2023. The total origination value was $72,020,000, with an average VA loan value of $383,085.

Centralia VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Centralia averaged 6.64% for the week of 2024-07-12, compared to the national average (all VA variants) of 6.364% for the same period.

Centralia's average VA mortgage closing costs are $6,977.

The average rate for the prior week (2024-07-05) was 6.76% and one month ago for the week of 2024-06-07, the average rate was 6.57%.

The average rate one year ago was 6.85%.

For refis of the same type during the week of 2024-07-12, the average rate was 6.86%.

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

Centralia 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 Centralia level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 17 6.02% $7,695
Mortgage Research Center, LLC 16 6.51% $8,790
QUICKEN LOANS, LLC 12 6.32% $12,379
SUMMIT FUNDING, INC. 9 6.57% $7,087
NAVY FEDERAL CREDIT UNION 8 5.83% $7,168
ACADEMY MORTGAGE CORPORATION 8 6.44% $14,937
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.37% $8,665
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 7 6.88% $12,090
CROSSCOUNTRY MORTGAGE, LLC 6 6.58% $10,304
FREEDOM MORTGAGE CORPORATION 6 5.90% $15,781
Northpointe Bank 5 6.63% $9,325
LOANDEPOT.COM, LLC 4 6.15% $22,984
PENNYMAC LOAN SERVICES, LLC 4 5.50% $16,018
NEWREZ LLC 4 6.38% $14,299
MOVEMENT MORTGAGE, LLC 4 6.88% $12,485
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 5.75% $4,151
CMG MORTGAGE, INC. 3 6.13% $13,320
NOVA FINANCIAL & INVESTMENT CORPORATION 3 6.17% $3,715
BAY EQUITY LLC 3 6.83% $7,317
GUILD MORTGAGE COMPANY 3 6.54% $13,415
MANN FINANCIAL INC. 3 6.50% $6,872
The Federal Savings Bank 3 6.58% $16,110
MASON MCDUFFIE MORTGAGE CORPORATION 2 6.75% $25,783
CARDINAL FINANCIAL 2 7.00% $22,071
U.S. Bank 2 5.75% $2,032
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.63% $6,138
AMERISAVE MORTGAGE CORPORATION 2 5.81% $21,490
SeaTrust Mortgage Company 1 7.88% $9,545
SUN WEST MORTGAGE COMPANY, INC. 1 6.12% $3,256
UNION HOME MORTGAGE CORP. 1 6.88% $29,760
USAA Federal Savings Bank 1 6.38% $2,321
VILLAGE CAPITAL MORTGAGE 1 5.38% $36,209
V.I.P. MORTGAGE, INC. 1 6.00% $12,809
Alaska USA Federal Credit Union 1 6.75% $0
AMERICAN FINANCIAL NETWORK, INC. 1 5.25% $900
AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $20,292
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.25% $20,570
Armed Forces Bank 1 5.75% $8,719
BROKER SOLUTIONS, INC. 1 5.75% $7,988
CALIBER HOME LOANS, INC. 1 3.75% $7,762
CONTOUR MORTGAGE CORPORATION 1 7.50% $12,276
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.13% $12,337
Equity Prime Mortgage LLC 1 7.25% $8,913
Flagstar Bank, FSB 1 5.50% $0
Gateway First Bank 1 7.13% $79
GUARANTEED RATE AFFINITY, LLC 1 6.08% $20,596
GUARANTEED RATE, INC. 1 6.25% $0
HomeStreet Bank 1 6.00% $11,947
MLD MORTGAGE INC. 1 6.75% $4,768
MORTGAGE EXPRESS, LLC 1 6.63% $3,326
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.13% $28,598
NATIONS DIRECT MORTGAGE, LLC 1 6.75% $6,018
NEW DAY FINANCIAL, LLC 1 7.50% $17,061
NFM, INC. 1 7.25% $3,933
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.63% $7,274
Paramount Residential Mortgage Group, Inc. 1 7.25% $10,482
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $17,950
Prosperity Home Mortgage, LLC 1 5.13% $39,455
SAMMAMISH MORTGAGE COMPANY 1 5.75% $83

The top Centralia VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 17 VA loans originated. Their average total fees are $7,695, which is $1,096 lower than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Centralia VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($7,695), Mortgage Research Center, LLC ($8,790), QUICKEN LOANS, LLC ($12,379), .

The lowest rate Centralia VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.02%), QUICKEN LOANS, LLC (6.32%), Mortgage Research Center, LLC (6.51%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Centralia (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 $250,000 (30.9%) $324,084 (18.0%) 0.00 222
2018-02-01 $250,350 (22.3%) $327,215 (17.3%) 0.00 197
2018-03-01 $265,000 (21.0%) $333,720 (15.8%) 0.00 182
2018-04-01 $287,475 (19.8%) $351,094 (16.0%) 0.00 177
2018-05-01 $292,475 (17.0%) $347,039 (13.8%) 0.00 191
2018-06-01 $289,450 (14.7%) $340,071 (8.2%) 0.00 232
2018-07-01 $299,500 (19.9%) $352,802 (12.8%) 0.00 245
2018-08-01 $297,200 (18.9%) $345,225 (10.3%) 0.00 282
2018-09-01 $299,000 (19.6%) $341,470 (10.2%) 0.00 302
2018-10-01 $299,250 (20.2%) $343,781 (13.1%) 0.00 296
2018-11-01 $299,000 (19.6%) $346,281 (10.0%) 0.00 289
2018-12-01 $314,900 (26.0%) $368,393 (17.0%) 0.00 245
2019-01-01 $321,250 (28.5%) $379,863 (17.2%) 0.00 200
2019-02-01 $315,000 (25.8%) $371,656 (13.6%) 0.00 200
2019-03-01 $314,171 (18.6%) $359,424 (7.7%) 0.00 203
2019-04-01 $308,584 (7.3%) $353,951 (0.8%) 0.00 186
2019-05-01 $308,675 (5.5%) $354,552 (2.2%) 0.00 194
2019-06-01 $312,472 (8.0%) $354,493 (4.2%) 0.00 216
2019-07-01 $319,000 (6.5%) $364,756 (3.4%) 0.00 234
2019-08-01 $316,273 (6.4%) $367,084 (6.3%) 0.00 255
2019-09-01 $312,182 (4.4%) $363,601 (6.5%) 0.00 269
2019-10-01 $309,455 (3.4%) $361,279 (5.1%) 0.00 279
2019-11-01 $309,000 (3.3%) $358,218 (3.5%) 0.00 271
2019-12-01 $299,950 (-4.8%) $363,234 (-1.4%) 0.00 231
2020-01-01 $312,400 (-2.8%) $386,583 (1.8%) 0.00 224
2020-02-01 $317,900 (0.9%) $378,725 (1.9%) 0.00 223
2020-03-01 $313,225 (-0.3%) $378,952 (5.4%) 0.00 232
2020-04-01 $326,125 (5.7%) $384,492 (8.6%) 0.00 235
2020-05-01 $329,900 (6.9%) $396,930 (12.0%) 0.00 232
2020-06-01 $334,500 (7.1%) $401,604 (13.3%) 0.00 221
2020-07-01 $337,000 (5.6%) $399,479 (9.5%) 0.00 230
2020-08-01 $349,800 (10.6%) $415,097 (13.1%) 0.00 222
2020-09-01 $330,000 (5.7%) $410,932 (13.0%) 0.00 233
2020-10-01 $339,900 (9.8%) $422,429 (16.9%) 0.00 222
2020-11-01 $342,225 (10.8%) $436,652 (21.9%) 0.00 136
2020-12-01 $332,000 (10.7%) $430,070 (18.4%) 0.00 111
2021-01-01 $342,500 (9.6%) $436,670 (13.0%) 0.00 96
2021-02-01 $349,750 (10.0%) $457,206 (20.7%) 0.00 86
2021-03-01 $361,250 (15.3%) $458,335 (21.0%) 0.00 79
2021-04-01 $386,500 (18.5%) $467,885 (21.7%) 0.00 72
2021-05-01 $399,000 (21.0%) $478,292 (20.5%) 0.00 91
2021-06-01 $398,225 (19.1%) $512,574 (27.6%) 0.00 107
2021-07-01 $425,000 (26.1%) $525,499 (31.6%) 0.00 119
2021-08-01 $436,750 (24.9%) $521,995 (25.8%) 0.00 140
2021-09-01 $449,450 (36.2%) $510,244 (24.2%) 0.00 152
2021-10-01 $430,000 (26.5%) $509,445 (20.6%) 0.00 148
2021-11-01 $449,600 (31.4%) $515,520 (18.1%) 0.00 117
2021-12-01 $429,500 (29.4%) $494,326 (14.9%) 0.00 92
2022-01-01 $420,000 (22.6%) $502,297 (15.0%) 0.00 65
2022-02-01 $429,700 (22.9%) $527,532 (15.4%) 0.00 70
2022-03-01 $452,000 (25.1%) $571,897 (24.8%) 0.00 74
2022-04-01 $487,450 (26.1%) $648,477 (38.6%) 0.00 88
2022-05-01 $539,225 (35.1%) $653,420 (36.6%) 0.00 125
2022-06-01 $498,700 (25.2%) $618,109 (20.6%) 0.00 194
2022-07-01 $525,000 (23.5%) $583,845 (11.1%) 0.00 245
2022-08-01 $499,925 (14.5%) $563,131 (7.9%) 0.00 285
2022-09-01 $487,250 (8.4%) $550,365 (7.9%) 0.00 289
2022-10-01 $489,000 (13.7%) $545,424 (7.1%) 0.00 271
2022-11-01 $487,475 (8.4%) $550,486 (6.8%) 0.00 252
2022-12-01 $497,500 (15.8%) $556,719 (12.6%) 0.00 194
2023-01-01 $449,500 (7.0%) $559,476 (11.4%) 0.00 173
2023-02-01 $485,000 (12.9%) $577,568 (9.5%) 0.00 156
2023-03-01 $499,000 (10.4%) $584,444 (2.2%) 0.00 145
2023-04-01 $499,000 (2.4%) $591,389 (-8.8%) 0.00 145
2023-05-01 $565,750 (4.9%) $612,692 (-6.2%) 0.00 142
2023-06-01 $550,000 (10.3%) $602,754 (-2.5%) 0.00 162
2023-07-01 $565,000 (7.6%) $614,020 (5.2%) 0.00 175
2023-08-01 $545,000 (9.0%) $625,426 (11.1%) 0.00 195
2023-09-01 $532,500 (9.3%) $618,830 (12.4%) 0.00 203
2023-10-01 $512,475 (4.8%) $601,639 (10.3%) 0.00 226
2023-11-01 $506,223 (3.9%) $586,621 (6.6%) 0.00 242
2023-12-01 $512,450 (3.0%) $592,268 (6.4%) 0.00 224
2024-01-01 $546,000 (21.5%) $615,292 (10.0%) 0.00 203
2024-02-01 $545,950 (12.6%) $611,532 (5.9%) 0.00 187
2024-03-01 $529,900 (6.2%) $589,277 (0.8%) 0.00 201
2024-04-01 $499,962 (0.2%) $578,194 (-2.2%) 0.00 200
2024-05-01 $524,950 (-7.2%) $594,238 (-3.0%) 0.00 234
2024-06-01 $525,000 (-4.6%) $596,015 (-1.1%) 0.00 267
Centralia's median listing price for 2024-06-01 was $525,000, a difference of $-25,000 (-4.6%) versus the prior year and $50 versus the prior month.

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

Centralia's average listing price for 2024-06-01 was $596,015, a difference of $-6,739 (-1.1%) versus the prior year and $1,777 versus the prior month.

For the 2024-06-01 period, Centralia had 267 MLS listings, a difference of 33 listings (14%) versus the prior month and 105 listings (65%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Centralia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,782 sqft
2018-02-01 0 days 1,775 sqft
2018-03-01 0 days 1,875 sqft
2018-04-01 0 days 1,932 sqft
2018-05-01 0 days 1,918 sqft
2018-06-01 0 days 1,908 sqft
2018-07-01 0 days 1,945 sqft
2018-08-01 0 days 1,865 sqft
2018-09-01 0 days 1,864 sqft
2018-10-01 0 days 1,843 sqft
2018-11-01 0 days 1,834 sqft
2018-12-01 0 days 1,878 sqft
2019-01-01 0 days 1,886 sqft
2019-02-01 0 days 1,880 sqft
2019-03-01 0 days 1,851 sqft
2019-04-01 0 days 1,833 sqft
2019-05-01 0 days 1,847 sqft
2019-06-01 0 days 1,782 sqft
2019-07-01 0 days 1,782 sqft
2019-08-01 0 days 1,777 sqft
2019-09-01 0 days 1,770 sqft
2019-10-01 0 days 1,765 sqft
2019-11-01 0 days 1,782 sqft
2019-12-01 0 days 1,782 sqft
2020-01-01 0 days 1,793 sqft
2020-02-01 0 days 1,782 sqft
2020-03-01 0 days 1,757 sqft
2020-04-01 0 days 1,747 sqft
2020-05-01 0 days 1,781 sqft
2020-06-01 0 days 1,801 sqft
2020-07-01 0 days 1,813 sqft
2020-08-01 0 days 1,792 sqft
2020-09-01 0 days 1,716 sqft
2020-10-01 0 days 1,702 sqft
2020-11-01 0 days 1,711 sqft
2020-12-01 0 days 1,761 sqft
2021-01-01 0 days 1,705 sqft
2021-02-01 0 days 1,682 sqft
2021-03-01 0 days 1,577 sqft
2021-04-01 0 days 1,616 sqft
2021-05-01 0 days 1,592 sqft
2021-06-01 0 days 1,644 sqft
2021-07-01 0 days 1,760 sqft
2021-08-01 0 days 1,821 sqft
2021-09-01 0 days 1,839 sqft
2021-10-01 0 days 1,958 sqft
2021-11-01 0 days 1,899 sqft
2021-12-01 0 days 1,800 sqft
2022-01-01 0 days 1,722 sqft
2022-02-01 0 days 1,705 sqft
2022-03-01 0 days 1,786 sqft
2022-04-01 0 days 1,876 sqft
2022-05-01 0 days 1,789 sqft
2022-06-01 0 days 1,762 sqft
2022-07-01 0 days 1,850 sqft
2022-08-01 0 days 1,863 sqft
2022-09-01 0 days 1,810 sqft
2022-10-01 0 days 1,810 sqft
2022-11-01 0 days 1,794 sqft
2022-12-01 0 days 1,792 sqft
2023-01-01 0 days 1,759 sqft
2023-02-01 0 days 1,831 sqft
2023-03-01 0 days 1,864 sqft
2023-04-01 0 days 1,941 sqft
2023-05-01 0 days 1,929 sqft
2023-06-01 0 days 1,873 sqft
2023-07-01 0 days 1,928 sqft
2023-08-01 0 days 1,883 sqft
2023-09-01 0 days 1,888 sqft
2023-10-01 0 days 1,917 sqft
2023-11-01 0 days 1,927 sqft
2023-12-01 0 days 1,898 sqft
2024-01-01 0 days 1,975 sqft
2024-02-01 0 days 1,981 sqft
2024-03-01 0 days 1,958 sqft
2024-04-01 0 days 1,868 sqft
2024-05-01 0 days 1,946 sqft
2024-06-01 0 days 1,930 sqft
Centralia's median listing age (time on market) for 2024-06-01 was 0 days.

Centralia's median square footage for active listings during the 2024-06-01 period was 1,930 sqft. One year prior, the average listing was 1,873 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.