Columbus VA Loan Rates, Closing Costs & Stats

Columbus, NE

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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.

    Columbus's 14 lenders originated 22 VA loans during 2023. The total origination value was $5,810,000, with an average VA loan value of $264,091.

    Columbus VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Columbus averaged 6.48% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Columbus's average VA mortgage closing costs are $5,635.

    The average rate for the prior week (2025-02-07) was 6.51% and one month ago for the week of 2025-01-10, the average rate was 6.95%.

    The average rate one year ago was 6.77%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.53%.

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

    Columbus 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 Columbus level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 4 6.94% $2,973
    FREEDOM MORTGAGE CORPORATION 3 6.92% $17,380
    UNITED WHOLESALE MORTGAGE, LLC 2 7.50% $5,672
    LIBERTY FIRST 2 6.44% $6,971
    PENNYMAC LOAN SERVICES, LLC 1 6.00% $4,769
    Prosperity Home Mortgage, LLC 1 7.13% $1,481
    QUICKEN LOANS, LLC 1 6.38% $12,000
    Regent Financial Group, Inc. 1 6.50% $3,784
    The Federal Savings Bank 1 6.25% $35,110
    First Federal Bank 1 6.00% $3,190
    U.S. Bank 1 5.75% $2,513
    GUARANTEED RATE, INC. 1 6.25% $12,438
    LOANDEPOT.COM, LLC 1 7.38% $9,582
    NEWREZ LLC 1 6.50% $3,784

    The top Columbus VA lender as defined by loan originations is Mortgage Research Center, LLC, with 4 VA loans originated. Their average total fees are $2,973, which is $14,406 lower than the next largest lender, FREEDOM MORTGAGE CORPORATION.

    The lowest fee Columbus VA lenders (with over 10 loans originated) are .

    The lowest rate Columbus VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Columbus (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 $174,950 (-12.1%) $206,393 (-5.6%) 0.00 72
    2018-02-01 $184,600 (-13.9%) $209,148 (-9.0%) 0.00 73
    2018-03-01 $194,900 (-6.5%) $213,947 (-7.6%) 0.00 63
    2018-04-01 $212,225 (16.0%) $223,304 (-1.7%) 0.00 68
    2018-05-01 $225,000 (12.7%) $227,467 (7.6%) 0.00 68
    2018-06-01 $210,000 (12.4%) $224,685 (7.8%) 0.00 77
    2018-07-01 $189,675 (2.5%) $212,495 (2.7%) 0.00 77
    2018-08-01 $197,100 (6.6%) $210,208 (0.4%) 0.00 87
    2018-09-01 $191,950 (-3.0%) $210,486 (-1.6%) 0.00 87
    2018-10-01 $219,425 (18.1%) $223,450 (5.4%) 0.00 80
    2018-11-01 $214,900 (22.8%) $220,442 (5.8%) 0.00 86
    2018-12-01 $208,900 (16.1%) $222,657 (4.8%) 0.00 79
    2019-01-01 $223,725 (27.9%) $239,824 (16.2%) 0.00 72
    2019-02-01 $226,225 (22.6%) $239,132 (14.3%) 0.00 73
    2019-03-01 $225,000 (15.4%) $233,130 (9.0%) 0.00 75
    2019-04-01 $225,000 (6.0%) $231,953 (3.9%) 0.00 78
    2019-05-01 $229,900 (2.2%) $233,413 (2.6%) 0.00 94
    2019-06-01 $229,900 (9.5%) $249,280 (11.0%) 0.00 85
    2019-07-01 $229,900 (21.2%) $248,759 (17.1%) 0.00 86
    2019-08-01 $218,745 (11.0%) $246,180 (17.1%) 0.00 84
    2019-09-01 $202,014 (5.2%) $237,604 (12.9%) 0.00 89
    2019-10-01 $193,334 (-11.9%) $232,685 (4.1%) 0.00 90
    2019-11-01 $200,000 (-6.9%) $245,747 (11.5%) 0.00 83
    2019-12-01 $199,725 (-4.4%) $240,801 (8.2%) 0.00 69
    2020-01-01 $232,200 (3.8%) $251,643 (4.9%) 0.00 63
    2020-02-01 $259,000 (14.5%) $267,135 (11.7%) 0.00 60
    2020-03-01 $270,200 (20.1%) $278,597 (19.5%) 0.00 71
    2020-04-01 $274,925 (22.2%) $287,789 (24.1%) 0.00 73
    2020-05-01 $256,250 (11.5%) $272,380 (16.7%) 0.00 84
    2020-06-01 $254,675 (10.8%) $279,879 (12.3%) 0.00 67
    2020-07-01 $275,975 (20.0%) $288,260 (15.9%) 0.00 58
    2020-08-01 $260,000 (18.9%) $286,599 (16.4%) 0.00 61
    2020-09-01 $244,250 (20.9%) $257,043 (8.2%) 0.00 69
    2020-10-01 $255,000 (31.9%) $262,962 (13.0%) 0.00 74
    2020-11-01 $246,075 (23.0%) $266,814 (8.6%) 0.00 66
    2020-12-01 $249,900 (25.1%) $270,994 (12.5%) 0.00 60
    2021-01-01 $237,450 (2.3%) $263,684 (4.8%) 0.00 49
    2021-02-01 $237,000 (-8.5%) $281,659 (5.4%) 0.00 35
    2021-03-01 $266,500 (-1.4%) $273,650 (-1.8%) 0.00 42
    2021-04-01 $270,625 (-1.6%) $266,997 (-7.2%) 0.00 39
    2021-05-01 $266,950 (4.2%) $276,368 (1.5%) 0.00 36
    2021-06-01 $284,500 (11.7%) $287,278 (2.6%) 0.00 42
    2021-07-01 $285,450 (3.4%) $287,915 (-0.1%) 0.00 50
    2021-08-01 $240,000 (-7.7%) $266,032 (-7.2%) 0.00 48
    2021-09-01 $215,625 (-11.7%) $241,890 (-5.9%) 0.00 47
    2021-10-01 $229,500 (-10.0%) $246,880 (-6.1%) 0.00 56
    2021-11-01 $239,925 (-2.5%) $268,639 (0.7%) 0.00 65
    2021-12-01 $272,475 (9.0%) $290,754 (7.3%) 0.00 58
    2022-01-01 $264,900 (11.6%) $283,105 (7.4%) 0.00 52
    2022-02-01 $264,950 (11.8%) $288,998 (2.6%) 0.00 44
    2022-03-01 $264,900 (-0.6%) $296,163 (8.2%) 0.00 42
    2022-04-01 $309,000 (14.2%) $337,555 (26.4%) 0.00 45
    2022-05-01 $285,000 (6.8%) $325,635 (17.8%) 0.00 63
    2022-06-01 $285,000 (0.2%) $320,296 (11.5%) 0.00 69
    2022-07-01 $285,000 (-0.2%) $343,358 (19.3%) 0.00 72
    2022-08-01 $285,000 (18.8%) $320,825 (20.6%) 0.00 76
    2022-09-01 $288,500 (33.8%) $329,185 (36.1%) 0.00 84
    2022-10-01 $293,200 (27.8%) $323,829 (31.2%) 0.00 77
    2022-11-01 $298,725 (24.5%) $331,921 (23.6%) 0.00 67
    2022-12-01 $285,000 (4.6%) $314,262 (8.1%) 0.00 68
    2023-01-01 $281,250 (6.2%) $308,370 (8.9%) 0.00 71
    2023-02-01 $280,750 (6.0%) $309,853 (7.2%) 0.00 69
    2023-03-01 $285,000 (7.6%) $317,776 (7.3%) 0.00 63
    2023-04-01 $269,900 (-12.7%) $312,677 (-7.4%) 0.00 75
    2023-05-01 $278,450 (-2.3%) $325,055 (-0.2%) 0.00 66
    2023-06-01 $315,000 (10.5%) $366,838 (14.5%) 0.00 64
    2023-07-01 $307,000 (7.7%) $351,273 (2.3%) 0.00 65
    2023-08-01 $316,225 (11.0%) $345,310 (7.6%) 0.00 84
    2023-09-01 $300,000 (4.0%) $337,789 (2.6%) 0.00 84
    2023-10-01 $314,500 (7.3%) $341,086 (5.3%) 0.00 91
    2023-11-01 $319,000 (6.8%) $339,046 (2.2%) 0.00 87
    2023-12-01 $319,900 (12.3%) $330,839 (5.3%) 0.00 84
    2024-01-01 $295,975 (5.2%) $317,905 (3.1%) 0.00 85
    2024-02-01 $284,675 (1.4%) $312,509 (0.9%) 0.00 80
    2024-03-01 $289,950 (1.7%) $311,637 (-1.9%) 0.00 85
    2024-04-01 $296,750 (10.0%) $315,735 (1.0%) 0.00 83
    2024-05-01 $305,000 (9.5%) $332,798 (2.4%) 0.00 82
    2024-06-01 $312,500 (-0.8%) $346,837 (-5.5%) 0.00 73
    2024-07-01 $333,738 (8.7%) $371,099 (5.6%) 0.00 74
    2024-08-01 $328,700 (3.9%) $350,682 (1.6%) 0.00 78
    2024-09-01 $338,675 (12.9%) $367,163 (8.7%) 0.00 82
    2024-10-01 $322,500 (2.5%) $341,011 (0.0%) 0.00 96
    2024-11-01 $295,000 (-7.5%) $329,983 (-2.7%) 0.00 105
    2024-12-01 $299,500 (-6.4%) $332,562 (0.5%) 0.00 99
    2025-01-01 $294,500 (-0.5%) $328,877 (3.5%) 0.00 101
    Columbus's median listing price for 2025-01-01 was $294,500, a difference of $-1,475 (-0.5%) versus the prior year and $-5,000 versus the prior month.

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

    Columbus's average listing price for 2025-01-01 was $328,877, a difference of $10,972 (3.5%) versus the prior year and $-3,685 versus the prior month.

    For the 2025-01-01 period, Columbus had 101 MLS listings, a difference of 2 listings (2%) versus the prior month and 16 listings (19%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Columbus (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,582 sqft
    2018-02-01 0 days 1,540 sqft
    2018-03-01 0 days 1,456 sqft
    2018-04-01 0 days 1,519 sqft
    2018-05-01 0 days 1,536 sqft
    2018-06-01 0 days 1,557 sqft
    2018-07-01 0 days 1,572 sqft
    2018-08-01 0 days 1,544 sqft
    2018-09-01 0 days 1,527 sqft
    2018-10-01 0 days 1,588 sqft
    2018-11-01 0 days 1,588 sqft
    2018-12-01 0 days 1,560 sqft
    2019-01-01 0 days 1,685 sqft
    2019-02-01 0 days 1,654 sqft
    2019-03-01 0 days 1,650 sqft
    2019-04-01 0 days 1,650 sqft
    2019-05-01 0 days 1,700 sqft
    2019-06-01 0 days 1,729 sqft
    2019-07-01 0 days 1,753 sqft
    2019-08-01 0 days 1,731 sqft
    2019-09-01 0 days 1,662 sqft
    2019-10-01 0 days 1,588 sqft
    2019-11-01 0 days 1,666 sqft
    2019-12-01 0 days 1,660 sqft
    2020-01-01 0 days 1,687 sqft
    2020-02-01 0 days 1,713 sqft
    2020-03-01 0 days 1,635 sqft
    2020-04-01 0 days 1,739 sqft
    2020-05-01 0 days 1,699 sqft
    2020-06-01 0 days 1,706 sqft
    2020-07-01 0 days 1,861 sqft
    2020-08-01 0 days 1,861 sqft
    2020-09-01 0 days 1,661 sqft
    2020-10-01 0 days 1,589 sqft
    2020-11-01 0 days 1,638 sqft
    2020-12-01 0 days 1,635 sqft
    2021-01-01 0 days 1,656 sqft
    2021-02-01 0 days 1,612 sqft
    2021-03-01 0 days 1,581 sqft
    2021-04-01 0 days 1,505 sqft
    2021-05-01 0 days 1,456 sqft
    2021-06-01 0 days 1,620 sqft
    2021-07-01 0 days 1,587 sqft
    2021-08-01 0 days 1,443 sqft
    2021-09-01 0 days 1,383 sqft
    2021-10-01 0 days 1,448 sqft
    2021-11-01 0 days 1,480 sqft
    2021-12-01 0 days 1,537 sqft
    2022-01-01 0 days 1,456 sqft
    2022-02-01 0 days 1,456 sqft
    2022-03-01 0 days 1,462 sqft
    2022-04-01 0 days 1,603 sqft
    2022-05-01 0 days 1,539 sqft
    2022-06-01 0 days 1,559 sqft
    2022-07-01 0 days 1,600 sqft
    2022-08-01 0 days 1,538 sqft
    2022-09-01 0 days 1,471 sqft
    2022-10-01 0 days 1,485 sqft
    2022-11-01 0 days 1,543 sqft
    2022-12-01 0 days 1,449 sqft
    2023-01-01 0 days 1,422 sqft
    2023-02-01 0 days 1,422 sqft
    2023-03-01 0 days 1,422 sqft
    2023-04-01 0 days 1,431 sqft
    2023-05-01 0 days 1,511 sqft
    2023-06-01 0 days 1,549 sqft
    2023-07-01 0 days 1,545 sqft
    2023-08-01 0 days 1,511 sqft
    2023-09-01 0 days 1,499 sqft
    2023-10-01 0 days 1,552 sqft
    2023-11-01 0 days 1,508 sqft
    2023-12-01 0 days 1,516 sqft
    2024-01-01 0 days 1,466 sqft
    2024-02-01 0 days 1,424 sqft
    2024-03-01 0 days 1,446 sqft
    2024-04-01 0 days 1,454 sqft
    2024-05-01 0 days 1,430 sqft
    2024-06-01 0 days 1,481 sqft
    2024-07-01 0 days 1,604 sqft
    2024-08-01 0 days 1,606 sqft
    2024-09-01 0 days 1,550 sqft
    2024-10-01 0 days 1,388 sqft
    2024-11-01 0 days 1,378 sqft
    2024-12-01 0 days 1,424 sqft
    2025-01-01 0 days 1,423 sqft
    Columbus's median listing age (time on market) for 2025-01-01 was 0 days.

    Columbus's median square footage for active listings during the 2025-01-01 period was 1,423 sqft. One year prior, the average listing was 1,466 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.