Coeur D'alene VA Loans

COEUR D'ALENE, ID

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.

Coeur D'alene's 110 lenders originated 2,566 VA loans during 2021. The total origination value was $912,170,000, with an average VA loan value of $355,483.

Coeur D'alene VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Coeur D'alene averaged 5.21% for the week of 2022-04-08, compared to the national average (all VA variants) of 4.693% for the same period.

The average rate for the prior week (2022-04-01) was 4.93% and one month ago for the week of 2022-03-04, the average rate was 4.19%.

The average rate one year ago was 3.37%.

For refis of the same type during the week of 2022-04-08, the average rate was 4.89%.

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

Coeur D'alene 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 Coeur D'alene level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FREEDOM MORTGAGE CORPORATION 99 2.41% $4,498
QUICKEN LOANS, LLC 95 2.41% $6,731
Willamette Valley Bank 86 2.69% $10,116
Glacier Bank 65 2.57% $9,880
PENNYMAC LOAN SERVICES, LLC 49 2.35% $7,177
Mortgage Research Center, LLC 49 2.76% $7,849
NEW DAY FINANCIAL, LLC 47 2.66% $11,404
LAKEVIEW LOAN SERVICING, LLC 35 2.44% $2,872
LOANDEPOT.COM, LLC 34 2.50% $4,116
UNITED WHOLESALE MORTGAGE, LLC 33 2.36% $7,638
CLEARPATH LENDING 30 2.40% $6,737
Platinum Home Mortgage Corporation 27 2.85% $10,880
USAA Federal Savings Bank 22 2.88% $4,601
GUILD MORTGAGE COMPANY 19 2.48% $5,433
CALIBER HOME LOANS, INC. 19 2.61% $6,580
NAVY FEDERAL CREDIT UNION 19 2.39% $6,726
VILLAGE CAPITAL & INVESTMENT LLC 17 2.26% $4,289
PREMIER MORTGAGE RESOURCES, L.L.C. 16 2.86% $11,287
AMERICAN PACIFIC MORTGAGE CORPORATION 16 2.70% $12,946
Umpqua Bank 16 2.51% $11,480
HOMEBRIDGE FINANCIAL SERVICES, INC. 15 2.60% $10,944
The Federal Savings Bank 15 2.54% $12,552
GLOBAL 14 2.46% $7,490
IDAHO CENTRAL 14 2.61% $10,304
PLANET HOME LENDING, LLC 11 2.44% $3,045
First Interstate Bank 11 2.69% $7,509
Washington Trust Bank 10 2.63% $4,353
STEARNS LENDING, LLC 10 2.44% $5,012
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 2.86% $8,474
Mr. Cooper ( Nationstar Mortgage ) 9 2.46% $4,567
HOME POINT FINANCIAL CORPORATION 9 2.35% $3,718
BROKER SOLUTIONS, INC. 8 2.69% $8,785
AMERISAVE MORTGAGE CORPORATION 7 2.59% $3,736
Wells Fargo Bank 7 2.46% $3,819
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 7 3.34% $8,650
ACADEMY MORTGAGE CORPORATION 7 2.84% $17,629
Sunflower Bank 6 2.93% $15,899
Magnolia Bank 6 2.38% $9,458
NEWREZ LLC 5 2.85% $3,549
AMERICAN FINANCING CORPORATION 5 2.63% $4,311
Low VA Rates, LLC 5 2.35% $8,928
Wallick & Volk, Inc. 5 3.10% $9,126
Carrington Mortgage Services, LLC 5 3.30% $5,079
NUMERICA CREDIT UNION 4 2.47% $7,449
Wyndham Capital Mortgage, Inc. 4 2.34% $7,339
U.S. Bank 4 2.78% $3,732
FINANCE OF AMERICA MORTGAGE LLC 4 2.72% $9,908
CELEBRITY HOME LOANS, LLC 4 3.22% $19,183
First Federal Bank 4 2.75% $11,468
SUN WEST MORTGAGE COMPANY, INC. 4 2.53% $8,002
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 2.72% $4,999
AMERICAN FINANCIAL NETWORK, INC. 4 2.84% $15,074
GUARANTEED RATE, INC. 4 2.47% $10,195
CROSSCOUNTRY MORTGAGE, LLC 4 2.81% $9,244
Barrington Bank & Trust Company, N.A. 4 2.71% $4,713
MUTUAL OF OMAHA MORTGAGE, INC. 4 2.56% $3,514
North American Savings Bank, F.S.B. 3 2.38% $8,260
Paramount Residential Mortgage Group, Inc. 3 2.71% $7,732
NBKC BANK 3 2.33% $4,068
KELLER MORTGAGE, LLC 3 2.42% $14,453
Prime Choice Funding Inc. 3 2.33% $2,817
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.04% $11,291
Flagstar Bank, FSB 3 2.63% $3,201
ZILLOW HOME LOANS, LLC 2 2.50% $11,408
ACCELERATE MORTGAGE, LLC 2 2.25% $5,508
Banner Bank 2 2.50% $7,987
BAY EQUITY LLC 2 2.81% $10,173
BELEM SERVICING LLC 2 2.87% $6,337
BNC National Bank 2 2.31% $16,022
CHURCHILL MORTGAGE CORPORATION 2 3.06% $11,265
Columbia State Bank 2 2.75% $6,923
Goldwater Bank, N.A. 2 2.81% $12,685
Meridian Bank Corporation 2 2.94% $4,765
MOVEMENT MORTGAGE, LLC 2 2.81% $9,178
Wheatland Bank 2 3.19% $17,853
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 2.63% $7,689
Paramount Bank 1 2.50% $4,496
Northpointe Bank 1 3.00% $0
MOUNTAIN AMERICA 1 2.00% $3,781
PENTAGON FEDERAL CREDIT UNION 1 2.25% $0
LENDUS, LLC 1 2.25% $2,605
LEADERONE FINANCIAL CORPORATION 1 2.25% $3,097
KS StateBank 1 2.25% $3,381
HORIZON 1 2.88% $5,026
HomeStreet Bank 1 3.00% $4,931
GENEVA FINANCIAL, LLC 1 3.13% $23,243
S1L, Inc. 1 2.50% $4,665
Servion, Inc. 1 2.75% $5,164
Sierra Pacific Mortgage Company, Inc. 1 2.88% $10,075
Florida Capital Bank 1 2.38% $4,841
Strong Home Mortgage, LLC 1 2.25% $3,254
First Home Bank 1 2.63% $2,529
First Guaranty Mortgage Corporation 1 2.25% $6,611
SWBC MORTGAGE CORPORATION 1 3.13% $19,227
The Central Trust Bank 1 2.25% $10,241
FirstBank 1 2.38% $2,921
Truist Bank 1 2.75% $2,599
Farmers & Stockmens Bank 1 2.25% $0
UNITED SECURITY FINANCIAL CORP 1 1.75% $5,077
ENVOY MORTGAGE, LTD 1 2.50% $10,245
CMG MORTGAGE, INC. 1 3.75% $35,272
CITYWIDE HOME LOANS, LLC 1 2.75% $67,246
CANOPY MORTGAGE, LLC 1 2.88% $3,009
Bell Bank 1 2.63% $2,448
Bank of England 1 3.38% $21,077
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 2.25% $4,929
1st Security Bank of Washington 1 2.62% $5,833
AmeriHome Mortgage Company, LLC 1 2.88% $3,785
AMERICA FIRST 1 2.50% $28,644
NP, Inc. 1 2.25% $3,299

The top Coeur D'alene VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 99 VA loans originated. Their average total fees are $4,498, which is $2,234 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Coeur D'alene VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,872), PLANET HOME LENDING, LLC ($3,045), LOANDEPOT.COM, LLC ($4,116), VILLAGE CAPITAL & INVESTMENT LLC ($4,289) and Washington Trust Bank ($4,353).

The lowest rate Coeur D'alene VA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC (2.26%), PENNYMAC LOAN SERVICES, LLC (2.35%), UNITED WHOLESALE MORTGAGE, LLC (2.36%), NAVY FEDERAL CREDIT UNION (2.39%) and CLEARPATH LENDING (2.40%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Coeur D'alene (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 $388,000 (18.7%) $672,507 (18.4%) 1.43 992
2018-02-01 $399,000 (24.4%) $672,578 (21.4%) 1.44 996
2018-03-01 $385,000 (18.6%) $670,097 (18.2%) 1.33 1,058
2018-04-01 $383,450 (9.6%) $667,027 (11.2%) 1.29 1,189
2018-05-01 $397,000 (10.3%) $687,690 (11.5%) 1.32 1,359
2018-06-01 $399,900 (6.7%) $675,566 (8.1%) 1.33 1,483
2018-07-01 $398,673 (6.3%) $670,402 (8.0%) 1.33 1,552
2018-08-01 $399,995 (4.9%) $676,922 (5.6%) 1.34 1,550
2018-09-01 $399,900 (1.2%) $666,364 (1.1%) 1.34 1,517
2018-10-01 $399,950 (0.8%) $652,117 (-3.3%) 1.34 1,423
2018-11-01 $400,773 (0.4%) $656,296 (-4.8%) 1.34 1,239
2018-12-01 $400,000 (0.0%) $659,963 (-6.7%) 1.37 1,122
2019-01-01 $427,185 (10.1%) $712,901 (6.0%) 1.47 854
2019-02-01 $444,000 (11.3%) $751,109 (11.7%) 1.49 783
2019-03-01 $439,229 (14.1%) $743,620 (11.0%) 1.43 812
2019-04-01 $431,729 (12.6%) $722,110 (8.3%) 1.36 914
2019-05-01 $465,000 (17.1%) $739,513 (7.5%) 1.43 1,025
2019-06-01 $469,900 (17.5%) $736,727 (9.1%) 1.45 1,121
2019-07-01 $469,450 (17.8%) $739,013 (10.2%) 1.46 1,207
2019-08-01 $474,900 (18.7%) $740,709 (9.4%) 1.49 1,188
2019-09-01 $476,200 (19.1%) $739,940 (11.0%) 1.51 1,144
2019-10-01 $450,650 (12.7%) $715,264 (9.7%) 1.44 1,084
2019-11-01 $449,000 (12.0%) $693,428 (5.7%) 1.45 912
2019-12-01 $449,375 (12.3%) $690,726 (4.7%) 1.50 787
2020-01-01 $452,202 (5.9%) $725,704 (1.8%) 1.51 649
2020-02-01 $469,500 (5.7%) $769,664 (2.5%) 1.52 564
2020-03-01 $452,202 (3.0%) $744,837 (0.2%) 1.41 650
2020-04-01 $440,675 (2.1%) $692,323 (-4.1%) 1.37 840
2020-05-01 $449,900 (-3.3%) $691,824 (-6.5%) 1.36 958
2020-06-01 $482,000 (2.6%) $734,758 (-0.3%) 1.41 958
2020-07-01 $479,700 (2.2%) $789,444 (6.8%) 1.37 880
2020-08-01 $490,000 (3.2%) $868,338 (17.2%) 1.40 739
2020-09-01 $499,949 (5.0%) $990,537 (33.9%) 1.43 607
2020-10-01 $526,600 (16.9%) $1,145,309 (60.1%) 1.50 473
2020-11-01 $549,444 (22.4%) $1,191,690 (71.9%) 1.57 281
2020-12-01 $732,500 (63.0%) $1,578,009 (128.5%) 2.15 172
2021-01-01 $750,000 (65.9%) $1,581,657 (118.0%) 2.21 148
2021-02-01 $694,950 (48.0%) $1,509,483 (96.1%) 2.00 203
2021-03-01 $677,000 (49.7%) $1,333,731 (79.1%) 1.90 297
2021-04-01 $825,000 (87.2%) $1,506,856 (117.7%) 2.22 314
2021-05-01 $849,000 (88.7%) $1,544,147 (123.2%) 2.23 362
2021-06-01 $832,000 (72.6%) $1,548,945 (110.8%) 2.16 427
2021-07-01 $784,950 (63.6%) $1,449,170 (83.6%) 2.04 532
2021-08-01 $748,250 (52.7%) $1,246,696 (43.6%) 1.97 596
2021-09-01 $749,450 (49.9%) $1,291,997 (30.4%) 1.97 593
2021-10-01 $713,400 (35.5%) $2,195,440 (91.7%) 1.88 557
2021-11-01 $789,500 (43.7%) $1,402,676 (17.7%) 2.08 391
2021-12-01 $842,450 (15.0%) $1,482,503 (-6.1%) 2.25 313
2022-01-01 $858,150 (14.4%) $1,550,502 (-2.0%) 2.29 202
2022-02-01 $989,375 (42.4%) $1,751,103 (16.0%) 2.52 184
2022-03-01 $1,007,891 (48.9%) $1,805,419 (35.4%) 2.49 237
Coeur D'alene's median listing price for 2022-03-01 was $1,007,891, a difference of $330,891 (48.9%) versus the prior year and $18,516 versus the prior month.

Coeur D'alene's median listing price comes in at 249% of the national average.

Coeur D'alene's average listing price for 2022-03-01 was $1,805,419, a difference of $471,688 (35.4%) versus the prior year and $54,316 versus the prior month.

For the 2022-03-01 period, Coeur D'alene had 237 MLS listings, a difference of 53 listings (29%) versus the prior month and -60 listings (-20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Coeur D'alene (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 101 days 2,266 sqft
2018-02-01 85 days 2,251 sqft
2018-03-01 56 days 2,184 sqft
2018-04-01 43 days 2,215 sqft
2018-05-01 42 days 2,224 sqft
2018-06-01 45 days 2,258 sqft
2018-07-01 52 days 2,254 sqft
2018-08-01 56 days 2,261 sqft
2018-09-01 59 days 2,210 sqft
2018-10-01 69 days 2,183 sqft
2018-11-01 77 days 2,152 sqft
2018-12-01 88 days 2,153 sqft
2019-01-01 89 days 2,193 sqft
2019-02-01 87 days 2,217 sqft
2019-03-01 57 days 2,169 sqft
2019-04-01 40 days 2,151 sqft
2019-05-01 41 days 2,236 sqft
2019-06-01 46 days 2,310 sqft
2019-07-01 49 days 2,325 sqft
2019-08-01 55 days 2,353 sqft
2019-09-01 61 days 2,344 sqft
2019-10-01 69 days 2,247 sqft
2019-11-01 83 days 2,192 sqft
2019-12-01 87 days 2,204 sqft
2020-01-01 93 days 2,232 sqft
2020-02-01 79 days 2,300 sqft
2020-03-01 28 days 2,209 sqft
2020-04-01 35 days 2,167 sqft
2020-05-01 43 days 2,192 sqft
2020-06-01 42 days 2,236 sqft
2020-07-01 39 days 2,245 sqft
2020-08-01 38 days 2,232 sqft
2020-09-01 38 days 2,230 sqft
2020-10-01 37 days 2,214 sqft
2020-11-01 41 days 2,260 sqft
2020-12-01 50 days 2,357 sqft
2021-01-01 46 days 2,396 sqft
2021-02-01 19 days 2,304 sqft
2021-03-01 16 days 2,276 sqft
2021-04-01 23 days 2,398 sqft
2021-05-01 24 days 2,388 sqft
2021-06-01 24 days 2,400 sqft
2021-07-01 27 days 2,303 sqft
2021-08-01 31 days 2,263 sqft
2021-09-01 35 days 2,292 sqft
2021-10-01 42 days 2,288 sqft
2021-11-01 55 days 2,311 sqft
2021-12-01 65 days 2,328 sqft
2022-01-01 60 days 2,356 sqft
2022-02-01 29 days 2,390 sqft
2022-03-01 26 days 2,445 sqft
Coeur D'alene's median listing age (time on market) for 2022-03-01 was 26 days. This is 63% longer than the same period one year ago.

Coeur D'alene's median square footage for active listings during the 2022-03-01 period was 2,445 sqft. One year prior, the average listing was 2,276 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.