Coffeyville VA Loan Rates, Closing Costs & Stats

Coffeyville, KS

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.

Coffeyville's 11 lenders originated 27 VA loans during 2023. The total origination value was $4,725,000, with an average VA loan value of $175,000.

Coffeyville VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Coffeyville averaged 7.19% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

Coffeyville's average VA mortgage closing costs are $4,030.

The average rate for the prior week (2024-04-12) was 7.02% and one month ago for the week of 2024-03-15, the average rate was 6.88%.

The average rate one year ago was 6.17%.

For refis of the same type during the week of 2024-04-19, the average rate was 6.56%.

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

Coffeyville 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 Coffeyville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 10 6.51% $2,915
FLAT BRANCH MORTGAGE, INC. 4 6.88% $4,574
USAA Federal Savings Bank 2 6.00% $8,878
Mortgage Investment Services Corporation 2 6.75% $4,431
NEW DAY FINANCIAL, LLC 2 7.69% $9,079
COMMUNITY MORTGAGE, LLC 1 6.88% $3,300
Neighborhood Loans, Inc. 1 7.25% $8,348
BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 6.25% $5,919
QUICKEN LOANS, LLC 1 6.25% $6,416
Community National Bank & Trust 1 6.75% $16,984
United Fidelity Funding Corp. 1 6.99% $4,858

The top Coffeyville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 10 VA loans originated. Their average total fees are $2,915, which is $1,659 lower than the next largest lender, FLAT BRANCH MORTGAGE, INC..

The lowest fee Coffeyville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($2,915), .

The lowest rate Coffeyville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.51%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Coffeyville (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 $69,250 (-4.8%) $91,687 (-4.8%) 0.00 290
2018-02-01 $64,850 (-7.2%) $86,923 (-6.7%) 0.00 288
2018-03-01 $63,000 (-6.7%) $93,999 (0.3%) 0.00 294
2018-04-01 $59,950 (-14.2%) $101,658 (6.9%) 0.00 295
2018-05-01 $64,900 (-7.2%) $103,698 (7.5%) 0.00 292
2018-06-01 $64,600 (-9.3%) $104,145 (8.2%) 0.00 291
2018-07-01 $63,475 (-14.1%) $96,954 (0.7%) 0.00 292
2018-08-01 $65,125 (-12.5%) $106,638 (7.3%) 0.00 291
2018-09-01 $69,500 (-0.6%) $109,197 (15.7%) 0.00 288
2018-10-01 $63,750 (-6.1%) $102,613 (13.1%) 0.00 293
2018-11-01 $58,500 (-13.0%) $98,459 (9.4%) 0.00 309
2018-12-01 $54,900 (-21.5%) $100,133 (6.9%) 0.00 294
2019-01-01 $60,250 (-13.0%) $104,750 (14.3%) 0.00 268
2019-02-01 $58,250 (-10.2%) $104,402 (20.1%) 0.00 271
2019-03-01 $62,814 (-0.3%) $108,476 (15.4%) 0.00 271
2019-04-01 $68,814 (14.8%) $111,975 (10.2%) 0.00 271
2019-05-01 $70,200 (8.2%) $117,736 (13.5%) 0.00 248
2019-06-01 $69,900 (8.2%) $116,984 (12.3%) 0.00 249
2019-07-01 $69,975 (10.2%) $117,880 (21.6%) 0.00 246
2019-08-01 $73,700 (13.2%) $121,861 (14.3%) 0.00 241
2019-09-01 $71,900 (3.5%) $116,737 (6.9%) 0.00 230
2019-10-01 $70,225 (10.2%) $111,141 (8.3%) 0.00 227
2019-11-01 $65,000 (11.1%) $101,029 (2.6%) 0.00 235
2019-12-01 $63,125 (15.0%) $102,444 (2.3%) 0.00 217
2020-01-01 $69,500 (15.4%) $107,339 (2.5%) 0.00 195
2020-02-01 $75,000 (28.8%) $112,105 (7.4%) 0.00 191
2020-03-01 $79,000 (25.8%) $113,544 (4.7%) 0.00 182
2020-04-01 $82,225 (19.5%) $115,084 (2.8%) 0.00 184
2020-05-01 $75,500 (7.6%) $113,064 (-4.0%) 0.00 183
2020-06-01 $90,725 (29.8%) $120,450 (3.0%) 0.00 161
2020-07-01 $94,950 (35.7%) $122,546 (4.0%) 0.00 160
2020-08-01 $90,000 (22.1%) $117,233 (-3.8%) 0.00 152
2020-09-01 $87,000 (21.0%) $112,784 (-3.4%) 0.00 139
2020-10-01 $75,000 (6.8%) $103,083 (-7.3%) 0.00 134
2020-11-01 $75,375 (16.0%) $102,641 (1.6%) 0.00 126
2020-12-01 $69,900 (10.7%) $97,196 (-5.1%) 0.00 131
2021-01-01 $69,900 (0.6%) $95,953 (-10.6%) 0.00 113
2021-02-01 $69,974 (-6.7%) $99,204 (-11.5%) 0.00 91
2021-03-01 $73,300 (-7.2%) $103,501 (-8.9%) 0.00 81
2021-04-01 $66,000 (-19.7%) $97,666 (-15.1%) 0.00 75
2021-05-01 $69,750 (-7.6%) $95,770 (-15.3%) 0.00 80
2021-06-01 $77,325 (-14.8%) $103,641 (-14.0%) 0.00 86
2021-07-01 $69,250 (-27.1%) $108,354 (-11.6%) 0.00 71
2021-08-01 $65,475 (-27.3%) $98,864 (-15.7%) 0.00 68
2021-09-01 $65,000 (-25.3%) $100,835 (-10.6%) 0.00 63
2021-10-01 $79,000 (5.3%) $111,132 (7.8%) 0.00 60
2021-11-01 $69,175 (-8.2%) $104,626 (1.9%) 0.00 71
2021-12-01 $69,375 (-0.8%) $96,284 (-0.9%) 0.00 80
2022-01-01 $70,000 (0.1%) $92,520 (-3.6%) 0.00 74
2022-02-01 $73,000 (4.3%) $99,559 (0.4%) 0.00 63
2022-03-01 $82,925 (13.1%) $125,829 (21.6%) 0.00 60
2022-04-01 $79,000 (19.7%) $113,979 (16.7%) 0.00 68
2022-05-01 $83,225 (19.3%) $121,830 (27.2%) 0.00 65
2022-06-01 $96,525 (24.8%) $130,169 (25.6%) 0.00 64
2022-07-01 $125,000 (80.5%) $162,428 (49.9%) 0.00 67
2022-08-01 $103,750 (58.5%) $160,744 (62.6%) 0.00 90
2022-09-01 $96,800 (48.9%) $175,150 (73.7%) 0.00 85
2022-10-01 $96,450 (22.1%) $173,745 (56.3%) 0.00 90
2022-11-01 $93,175 (34.7%) $170,064 (62.5%) 0.00 87
2022-12-01 $95,000 (36.9%) $169,781 (76.3%) 0.00 70
2023-01-01 $97,900 (39.9%) $164,996 (78.3%) 0.00 68
2023-02-01 $119,950 (64.3%) $172,338 (73.1%) 0.00 69
2023-03-01 $121,125 (46.1%) $163,743 (30.1%) 0.00 76
2023-04-01 $124,750 (57.9%) $172,464 (51.3%) 0.00 78
2023-05-01 $130,175 (56.4%) $173,121 (42.1%) 0.00 82
2023-06-01 $116,150 (20.3%) $155,818 (19.7%) 0.00 78
2023-07-01 $119,950 (-4.0%) $173,790 (7.0%) 0.00 80
2023-08-01 $125,000 (20.5%) $175,953 (9.5%) 0.00 83
2023-09-01 $125,000 (29.1%) $192,359 (9.8%) 0.00 73
2023-10-01 $122,500 (27.0%) $187,948 (8.2%) 0.00 76
2023-11-01 $107,225 (15.1%) $168,106 (-1.2%) 0.00 88
2023-12-01 $130,750 (37.6%) $185,685 (9.4%) 0.00 87
2024-01-01 $142,350 (45.4%) $201,334 (22.0%) 0.00 83
2024-02-01 $145,750 (21.5%) $213,031 (23.6%) 0.00 76
2024-03-01 $159,500 (31.7%) $215,843 (31.8%) 0.00 75
Coffeyville's median listing price for 2024-03-01 was $159,500, a difference of $38,375 (31.7%) versus the prior year and $13,750 versus the prior month.

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

Coffeyville's average listing price for 2024-03-01 was $215,843, a difference of $52,100 (31.8%) versus the prior year and $2,812 versus the prior month.

For the 2024-03-01 period, Coffeyville had 75 MLS listings, a difference of -1 listings (-1%) versus the prior month and -1 listings (-1%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Coffeyville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,561 sqft
2018-02-01 0 days 1,532 sqft
2018-03-01 0 days 1,527 sqft
2018-04-01 0 days 1,510 sqft
2018-05-01 0 days 1,534 sqft
2018-06-01 0 days 1,560 sqft
2018-07-01 0 days 1,542 sqft
2018-08-01 0 days 1,609 sqft
2018-09-01 0 days 1,620 sqft
2018-10-01 0 days 1,546 sqft
2018-11-01 0 days 1,506 sqft
2018-12-01 0 days 1,518 sqft
2019-01-01 0 days 1,541 sqft
2019-02-01 0 days 1,540 sqft
2019-03-01 0 days 1,554 sqft
2019-04-01 0 days 1,579 sqft
2019-05-01 0 days 1,548 sqft
2019-06-01 0 days 1,591 sqft
2019-07-01 0 days 1,560 sqft
2019-08-01 0 days 1,591 sqft
2019-09-01 0 days 1,592 sqft
2019-10-01 0 days 1,592 sqft
2019-11-01 0 days 1,542 sqft
2019-12-01 0 days 1,565 sqft
2020-01-01 0 days 1,601 sqft
2020-02-01 0 days 1,657 sqft
2020-03-01 0 days 1,673 sqft
2020-04-01 0 days 1,672 sqft
2020-05-01 0 days 1,673 sqft
2020-06-01 0 days 1,666 sqft
2020-07-01 0 days 1,694 sqft
2020-08-01 0 days 1,656 sqft
2020-09-01 0 days 1,593 sqft
2020-10-01 0 days 1,508 sqft
2020-11-01 0 days 1,583 sqft
2020-12-01 0 days 1,475 sqft
2021-01-01 0 days 1,459 sqft
2021-02-01 0 days 1,548 sqft
2021-03-01 0 days 1,544 sqft
2021-04-01 0 days 1,360 sqft
2021-05-01 0 days 1,316 sqft
2021-06-01 0 days 1,424 sqft
2021-07-01 0 days 1,344 sqft
2021-08-01 0 days 1,359 sqft
2021-09-01 0 days 1,383 sqft
2021-10-01 0 days 1,392 sqft
2021-11-01 0 days 1,381 sqft
2021-12-01 0 days 1,380 sqft
2022-01-01 0 days 1,392 sqft
2022-02-01 0 days 1,400 sqft
2022-03-01 0 days 1,478 sqft
2022-04-01 0 days 1,615 sqft
2022-05-01 0 days 1,643 sqft
2022-06-01 0 days 1,595 sqft
2022-07-01 0 days 1,566 sqft
2022-08-01 0 days 1,487 sqft
2022-09-01 0 days 1,468 sqft
2022-10-01 0 days 1,520 sqft
2022-11-01 0 days 1,548 sqft
2022-12-01 0 days 1,573 sqft
2023-01-01 0 days 1,617 sqft
2023-02-01 0 days 1,570 sqft
2023-03-01 0 days 1,523 sqft
2023-04-01 0 days 1,531 sqft
2023-05-01 0 days 1,543 sqft
2023-06-01 0 days 1,551 sqft
2023-07-01 0 days 1,614 sqft
2023-08-01 0 days 1,630 sqft
2023-09-01 0 days 1,650 sqft
2023-10-01 0 days 1,571 sqft
2023-11-01 0 days 1,575 sqft
2023-12-01 0 days 1,590 sqft
2024-01-01 0 days 1,537 sqft
2024-02-01 0 days 1,539 sqft
2024-03-01 0 days 1,537 sqft
Coffeyville's median listing age (time on market) for 2024-03-01 was 0 days.

Coffeyville's median square footage for active listings during the 2024-03-01 period was 1,537 sqft. One year prior, the average listing was 1,523 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.