Coldwater VA Loan Rates, Closing Costs & Stats
Coldwater, MI
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.
Coldwater's 14 lenders originated 33 VA loans during 2023. The total origination value was $6,825,000, with an average VA loan value of $206,818.
Coldwater VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Coldwater
averaged
7.17%
for the week of 2024-04-19, compared to the national average (all VA variants) of
6.758% for the same period.
Coldwater's average VA mortgage closing costs are $3,890.
The average rate for the prior week (2024-04-12) was
7.11% and
one month ago for the week of 2024-03-15, the
average rate was 7.07%.
The average rate one year ago was 6.56%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.56%.
Coldwater 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 Coldwater level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Mortgage Research Center, LLC | 7 | 6.86% | $2,321 |
| QUICKEN LOANS, LLC | 6 | 6.10% | $8,517 |
| UNION HOME MORTGAGE CORP. | 4 | 6.63% | $11,079 |
| GVC MORTGAGE, INC. | 3 | 6.71% | $880 |
| NEW DAY FINANCIAL, LLC | 2 | 7.88% | $11,104 |
| RUOFF MORTGAGE COMPANY, INC. | 1 | 6.25% | $75 |
| TOP FLITE FINANCIAL, INC. | 1 | 7.13% | $6,251 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.00% | $3,340 |
| Flagstar Bank, FSB | 1 | 6.75% | $9,653 |
| USAA Federal Savings Bank | 1 | 6.88% | $2,349 |
| Mr. Cooper ( Nationstar Mortgage ) | 1 | 6.25% | $4,997 |
| MUTUAL OF OMAHA MORTGAGE, INC. | 1 | 6.75% | $13,688 |
| Neighborhood Loans, Inc. | 1 | 7.00% | $4,923 |
| PENNYMAC LOAN SERVICES, LLC | 1 | 5.25% | $2,812 |
The top Coldwater VA lender as defined by loan originations is Mortgage Research Center, LLC, with
7 VA loans originated. Their average total fees are
$2,321, which is $6,196
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Coldwater VA lenders (with over 10 loans originated) are
.
The lowest rate Coldwater VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Coldwater (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 | $129,950 (-10.9%) | $209,615 (11.6%) | 0.00 | 156 |
| 2018-02-01 | $140,650 (-5.1%) | $223,001 (9.0%) | 0.00 | 158 |
| 2018-03-01 | $149,450 (-0.3%) | $211,120 (-3.6%) | 0.00 | 152 |
| 2018-04-01 | $153,400 (2.3%) | $213,727 (-4.0%) | 0.00 | 160 |
| 2018-05-01 | $158,400 (5.7%) | $213,840 (-3.7%) | 0.00 | 166 |
| 2018-06-01 | $161,000 (7.7%) | $213,599 (-0.3%) | 0.00 | 166 |
| 2018-07-01 | $160,950 (7.4%) | $212,392 (0.1%) | 0.00 | 179 |
| 2018-08-01 | $160,825 (3.8%) | $212,195 (-0.3%) | 0.00 | 177 |
| 2018-09-01 | $152,000 (1.4%) | $208,986 (-2.0%) | 0.00 | 167 |
| 2018-10-01 | $161,950 (10.0%) | $205,084 (-1.0%) | 0.00 | 159 |
| 2018-11-01 | $157,000 (5.6%) | $197,705 (-6.7%) | 0.00 | 164 |
| 2018-12-01 | $149,900 (6.5%) | $190,658 (-8.4%) | 0.00 | 166 |
| 2019-01-01 | $145,425 (11.9%) | $199,822 (-4.7%) | 0.00 | 145 |
| 2019-02-01 | $136,900 (-2.7%) | $198,104 (-11.2%) | 0.00 | 140 |
| 2019-03-01 | $141,943 (-5.0%) | $200,151 (-5.2%) | 0.00 | 132 |
| 2019-04-01 | $148,993 (-2.9%) | $204,809 (-4.2%) | 0.00 | 133 |
| 2019-05-01 | $160,225 (1.2%) | $222,805 (4.2%) | 0.00 | 131 |
| 2019-06-01 | $159,900 (-0.7%) | $223,954 (4.9%) | 0.00 | 158 |
| 2019-07-01 | $156,625 (-2.7%) | $217,516 (2.4%) | 0.00 | 164 |
| 2019-08-01 | $148,564 (-7.6%) | $210,365 (-0.9%) | 0.00 | 165 |
| 2019-09-01 | $146,559 (-3.6%) | $208,875 (-0.1%) | 0.00 | 166 |
| 2019-10-01 | $144,975 (-10.5%) | $205,583 (0.2%) | 0.00 | 165 |
| 2019-11-01 | $139,900 (-10.9%) | $199,273 (0.8%) | 0.00 | 161 |
| 2019-12-01 | $138,613 (-7.5%) | $205,432 (7.8%) | 0.00 | 161 |
| 2020-01-01 | $139,450 (-4.1%) | $206,607 (3.4%) | 0.00 | 163 |
| 2020-02-01 | $139,900 (2.2%) | $211,958 (7.0%) | 0.00 | 169 |
| 2020-03-01 | $149,000 (5.0%) | $225,414 (12.6%) | 0.00 | 158 |
| 2020-04-01 | $146,000 (-2.0%) | $237,143 (15.8%) | 0.00 | 144 |
| 2020-05-01 | $156,500 (-2.3%) | $248,078 (11.3%) | 0.00 | 139 |
| 2020-06-01 | $149,800 (-6.3%) | $249,355 (11.3%) | 0.00 | 119 |
| 2020-07-01 | $161,150 (2.9%) | $256,894 (18.1%) | 0.00 | 112 |
| 2020-08-01 | $159,900 (7.6%) | $270,220 (28.5%) | 0.00 | 93 |
| 2020-09-01 | $159,900 (9.1%) | $286,437 (37.1%) | 0.00 | 81 |
| 2020-10-01 | $179,900 (24.1%) | $278,581 (35.5%) | 0.00 | 79 |
| 2020-11-01 | $179,900 (28.6%) | $274,698 (37.9%) | 0.00 | 79 |
| 2020-12-01 | $179,900 (29.8%) | $274,044 (33.4%) | 0.00 | 87 |
| 2021-01-01 | $159,900 (14.7%) | $267,224 (29.3%) | 0.00 | 82 |
| 2021-02-01 | $174,900 (25.0%) | $293,856 (38.6%) | 0.00 | 65 |
| 2021-03-01 | $197,425 (32.5%) | $314,868 (39.7%) | 0.00 | 54 |
| 2021-04-01 | $179,450 (22.9%) | $319,652 (34.8%) | 0.00 | 42 |
| 2021-05-01 | $179,500 (14.7%) | $299,847 (20.9%) | 0.00 | 45 |
| 2021-06-01 | $182,500 (21.8%) | $303,049 (21.5%) | 0.00 | 58 |
| 2021-07-01 | $177,000 (9.8%) | $300,735 (17.1%) | 0.00 | 60 |
| 2021-08-01 | $177,875 (11.2%) | $304,801 (12.8%) | 0.00 | 64 |
| 2021-09-01 | $168,600 (5.4%) | $267,710 (-6.5%) | 0.00 | 66 |
| 2021-10-01 | $179,000 (-0.5%) | $303,323 (8.9%) | 0.00 | 65 |
| 2021-11-01 | $193,700 (7.7%) | $297,918 (8.5%) | 0.00 | 71 |
| 2021-12-01 | $199,000 (10.6%) | $302,006 (10.2%) | 0.00 | 65 |
| 2022-01-01 | $199,000 (24.5%) | $297,545 (11.4%) | 0.00 | 56 |
| 2022-02-01 | $208,675 (19.3%) | $310,779 (5.8%) | 0.00 | 51 |
| 2022-03-01 | $203,450 (3.1%) | $283,048 (-10.1%) | 0.00 | 44 |
| 2022-04-01 | $204,950 (14.2%) | $299,089 (-6.4%) | 0.00 | 49 |
| 2022-05-01 | $231,950 (29.2%) | $305,563 (1.9%) | 0.00 | 68 |
| 2022-06-01 | $266,950 (46.3%) | $323,919 (6.9%) | 0.00 | 78 |
| 2022-07-01 | $239,900 (35.5%) | $314,394 (4.5%) | 0.00 | 102 |
| 2022-08-01 | $238,425 (34.0%) | $321,617 (5.5%) | 0.00 | 108 |
| 2022-09-01 | $239,675 (42.2%) | $322,903 (20.6%) | 0.00 | 110 |
| 2022-10-01 | $234,900 (31.2%) | $326,754 (7.7%) | 0.00 | 105 |
| 2022-11-01 | $238,675 (23.2%) | $326,518 (9.6%) | 0.00 | 98 |
| 2022-12-01 | $229,900 (15.5%) | $318,975 (5.6%) | 0.00 | 83 |
| 2023-01-01 | $229,675 (15.4%) | $303,539 (2.0%) | 0.00 | 84 |
| 2023-02-01 | $227,975 (9.3%) | $312,571 (0.6%) | 0.00 | 82 |
| 2023-03-01 | $234,900 (15.5%) | $347,630 (22.8%) | 0.00 | 77 |
| 2023-04-01 | $240,000 (17.1%) | $350,829 (17.3%) | 0.00 | 70 |
| 2023-05-01 | $249,000 (7.4%) | $333,771 (9.2%) | 0.00 | 70 |
| 2023-06-01 | $288,638 (8.1%) | $339,468 (4.8%) | 0.00 | 70 |
| 2023-07-01 | $281,950 (17.5%) | $319,413 (1.6%) | 0.00 | 71 |
| 2023-08-01 | $286,175 (20.0%) | $324,034 (0.8%) | 0.00 | 78 |
| 2023-09-01 | $259,900 (8.4%) | $330,173 (2.3%) | 0.00 | 76 |
| 2023-10-01 | $247,450 (5.3%) | $325,106 (-0.5%) | 0.00 | 86 |
| 2023-11-01 | $236,725 (-0.8%) | $305,127 (-6.6%) | 0.00 | 76 |
| 2023-12-01 | $239,000 (4.0%) | $299,271 (-6.2%) | 0.00 | 78 |
| 2024-01-01 | $269,900 (17.5%) | $315,447 (3.9%) | 0.00 | 87 |
| 2024-02-01 | $258,675 (13.5%) | $323,517 (3.5%) | 0.00 | 97 |
| 2024-03-01 | $257,400 (9.6%) | $334,171 (-3.9%) | 0.00 | 94 |
Coldwater's median listing price comes in at 0% of the national average.
Coldwater's average listing price for 2024-03-01 was $334,171, a difference of $-13,459 (-3.9%) versus the prior year and $10,654 versus the prior month.
For the 2024-03-01 period, Coldwater had 94 MLS listings, a difference of -3 listings (-3%) versus the prior month and 17 listings (22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Coldwater (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,590 sqft |
| 2018-02-01 | 0 days | 1,590 sqft |
| 2018-03-01 | 0 days | 1,600 sqft |
| 2018-04-01 | 0 days | 1,591 sqft |
| 2018-05-01 | 0 days | 1,582 sqft |
| 2018-06-01 | 0 days | 1,560 sqft |
| 2018-07-01 | 0 days | 1,600 sqft |
| 2018-08-01 | 0 days | 1,603 sqft |
| 2018-09-01 | 0 days | 1,600 sqft |
| 2018-10-01 | 0 days | 1,600 sqft |
| 2018-11-01 | 0 days | 1,600 sqft |
| 2018-12-01 | 0 days | 1,584 sqft |
| 2019-01-01 | 0 days | 1,613 sqft |
| 2019-02-01 | 0 days | 1,600 sqft |
| 2019-03-01 | 0 days | 1,594 sqft |
| 2019-04-01 | 0 days | 1,600 sqft |
| 2019-05-01 | 0 days | 1,632 sqft |
| 2019-06-01 | 0 days | 1,600 sqft |
| 2019-07-01 | 0 days | 1,624 sqft |
| 2019-08-01 | 0 days | 1,601 sqft |
| 2019-09-01 | 0 days | 1,650 sqft |
| 2019-10-01 | 0 days | 1,683 sqft |
| 2019-11-01 | 0 days | 1,688 sqft |
| 2019-12-01 | 0 days | 1,670 sqft |
| 2020-01-01 | 0 days | 1,688 sqft |
| 2020-02-01 | 0 days | 1,664 sqft |
| 2020-03-01 | 0 days | 1,682 sqft |
| 2020-04-01 | 0 days | 1,679 sqft |
| 2020-05-01 | 0 days | 1,672 sqft |
| 2020-06-01 | 0 days | 1,600 sqft |
| 2020-07-01 | 0 days | 1,650 sqft |
| 2020-08-01 | 0 days | 1,706 sqft |
| 2020-09-01 | 0 days | 1,759 sqft |
| 2020-10-01 | 0 days | 1,693 sqft |
| 2020-11-01 | 0 days | 1,640 sqft |
| 2020-12-01 | 0 days | 1,646 sqft |
| 2021-01-01 | 0 days | 1,546 sqft |
| 2021-02-01 | 0 days | 1,682 sqft |
| 2021-03-01 | 0 days | 1,659 sqft |
| 2021-04-01 | 0 days | 1,581 sqft |
| 2021-05-01 | 0 days | 1,530 sqft |
| 2021-06-01 | 0 days | 1,600 sqft |
| 2021-07-01 | 0 days | 1,526 sqft |
| 2021-08-01 | 0 days | 1,765 sqft |
| 2021-09-01 | 0 days | 1,630 sqft |
| 2021-10-01 | 0 days | 1,743 sqft |
| 2021-11-01 | 0 days | 1,813 sqft |
| 2021-12-01 | 0 days | 1,800 sqft |
| 2022-01-01 | 0 days | 1,800 sqft |
| 2022-02-01 | 0 days | 1,855 sqft |
| 2022-03-01 | 0 days | 1,831 sqft |
| 2022-04-01 | 0 days | 1,726 sqft |
| 2022-05-01 | 0 days | 1,805 sqft |
| 2022-06-01 | 0 days | 1,971 sqft |
| 2022-07-01 | 0 days | 1,826 sqft |
| 2022-08-01 | 0 days | 1,697 sqft |
| 2022-09-01 | 0 days | 1,838 sqft |
| 2022-10-01 | 0 days | 1,876 sqft |
| 2022-11-01 | 0 days | 1,869 sqft |
| 2022-12-01 | 0 days | 1,760 sqft |
| 2023-01-01 | 0 days | 1,800 sqft |
| 2023-02-01 | 0 days | 1,800 sqft |
| 2023-03-01 | 0 days | 1,831 sqft |
| 2023-04-01 | 0 days | 1,800 sqft |
| 2023-05-01 | 0 days | 1,782 sqft |
| 2023-06-01 | 0 days | 1,774 sqft |
| 2023-07-01 | 0 days | 1,586 sqft |
| 2023-08-01 | 0 days | 1,601 sqft |
| 2023-09-01 | 0 days | 1,600 sqft |
| 2023-10-01 | 0 days | 1,570 sqft |
| 2023-11-01 | 0 days | 1,526 sqft |
| 2023-12-01 | 0 days | 1,570 sqft |
| 2024-01-01 | 0 days | 1,723 sqft |
| 2024-02-01 | 0 days | 1,617 sqft |
| 2024-03-01 | 0 days | 1,685 sqft |
Coldwater's median square footage for active listings during the 2024-03-01 period was 1,685 sqft. One year prior, the average listing was 1,831 sqft.