Dodge City VA Loan Rates, Closing Costs & Stats

Dodge City, KS

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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.

    Dodge City's 14 lenders originated 20 VA loans during 2024. The total origination value was $5,010,000, with an average VA loan value of $250,500.

    Dodge City VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Dodge City averaged 0.5% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Dodge City's average VA mortgage closing costs are $5,257.

    The average rate for the prior week (2025-06-13) was 6.75% and one month ago for the week of 2025-05-16, the average rate was 6.71%.

    The average rate one year ago was 6.81%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0%.

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

    Dodge City 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 Dodge City level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 3 7.08% $4,046
    QUICKEN LOANS, LLC 2 6.19% $7,951
    PENNYMAC LOAN SERVICES, LLC 2 5.56% $6,197
    CROSSCOUNTRY MORTGAGE, LLC 2 6.44% $4,692
    NEW DAY FINANCIAL, LLC 1 5.99% $3,131
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $13,053
    Prosperity Home Mortgage, LLC 1 7.13% $5,367
    The Federal Savings Bank 1 6.25% $28,628
    UNITED WHOLESALE MORTGAGE, LLC 1 5.63% $3,816
    AMERISAVE MORTGAGE CORPORATION 1 6.25% $12,943
    USAA Federal Savings Bank 1 6.13% $4,221
    Arvest Bank 1 6.50% $3,422
    Flagstar Bank, FSB 1 6.13% $7,951
    FREEDOM MORTGAGE CORPORATION 1 6.25% $2,073

    The top Dodge City VA lender as defined by loan originations is Mortgage Research Center, LLC, with 3 VA loans originated. Their average total fees are $4,046, which is $3,905 lower than the next largest lender, QUICKEN LOANS, LLC.

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

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

    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.