Eau Claire VA Loan Rates, Closing Costs & Stats

EAU CLAIRE, WI

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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.

    Eau Claire's 40 lenders originated 164 VA loans during 2024. The total origination value was $50,040,000, with an average VA loan value of $305,122.

    Eau Claire VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Eau Claire averaged 6.44% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Eau Claire's average VA mortgage closing costs are $5,340.

    The average rate for the prior week (2025-03-28) was 6.56% and one month ago for the week of 2025-02-28, the average rate was 6.74%.

    The average rate one year ago was 6.95%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.07%.

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

    Eau Claire 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 Eau Claire level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 36 6.40% $6,090
    QUICKEN LOANS, LLC 15 6.10% $8,552
    UNITED WHOLESALE MORTGAGE, LLC 11 6.00% $6,823
    Royal Credit Union 10 6.34% $7,312
    FREEDOM MORTGAGE CORPORATION 8 6.39% $8,729
    USAA Federal Savings Bank 5 5.90% $6,672
    Barrington Bank & Trust Company, N.A. 5 6.35% $4,476
    VILLAGE CAPITAL MORTGAGE 5 5.75% $5,013
    PENNYMAC LOAN SERVICES, LLC 5 5.63% $5,118
    NAVY FEDERAL CREDIT UNION 4 5.94% $1,972
    LOANDEPOT.COM, LLC 4 6.09% $10,095
    NEW DAY FINANCIAL, LLC 3 7.33% $12,300
    FIRST COMMUNITY MORTGAGE, INC. 3 6.67% $11,351
    NEWREZ LLC 3 5.75% $4,373
    U.S. Bank 3 6.00% $12,705
    Carrington Mortgage Services, LLC 2 6.13% $11,292
    PLANET HOME LENDING, LLC 2 5.75% $2,709
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.00% $2,975
    Associated Bank 2 6.38% $4,542
    CROSSCOUNTRY MORTGAGE, LLC 2 5.88% $9,944
    The Federal Savings Bank 2 5.81% $17,137
    AMERISAVE MORTGAGE CORPORATION 1 5.25% $15,017
    Paramount Residential Mortgage Group, Inc. 1 6.75% $1,627
    PENTAGON FEDERAL CREDIT UNION 1 6.63% $10,242
    Plains Commerce Bank 1 6.25% $2,053
    Prosperity Home Mortgage, LLC 1 6.63% $1,678
    SUN WEST MORTGAGE COMPANY, INC. 1 6.00% $8,035
    Texana Bank 1 6.50% $11,428
    The Central Trust Bank 1 5.75% $4,679
    TOP FLITE FINANCIAL, INC. 1 7.13% $10,478
    UNION HOME MORTGAGE CORP. 1 6.50% $3,323
    BAY EQUITY LLC 1 7.25% $5,052
    HOMESIDE FINANCIAL, LLC 1 7.25% $710
    MORTGAGE ACCESS CORP. 1 6.13% $7,819
    Magnolia Bank 1 5.63% $17,836
    GUARANTEED RATE, INC. 1 5.75% $6,482
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.00% $7,194
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $4,329
    Flagstar Bank, FSB 1 6.67% $1,798
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.75% $5,209

    The top Eau Claire VA lender as defined by loan originations is Mortgage Research Center, LLC, with 36 VA loans originated. Their average total fees are $6,090, which is $2,461 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Eau Claire VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,090), UNITED WHOLESALE MORTGAGE, LLC ($6,823), Royal Credit Union ($7,312), QUICKEN LOANS, LLC ($8,552) and .

    The lowest rate Eau Claire VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.00%), QUICKEN LOANS, LLC (6.10%), Royal Credit Union (6.34%), Mortgage Research Center, LLC (6.40%) and .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Eau Claire (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 $234,500 (6.6%) $286,821 (3.4%) 0.87 294
    2018-02-01 $246,400 (4.9%) $296,035 (0.3%) 0.89 305
    2018-03-01 $249,900 (3.1%) $288,572 (-4.0%) 0.88 356
    2018-04-01 $244,900 (2.1%) $286,945 (-7.3%) 0.83 358
    2018-05-01 $250,200 (0.1%) $290,947 (-8.0%) 0.84 375
    2018-06-01 $258,900 (4.3%) $303,249 (-2.2%) 0.86 374
    2018-07-01 $252,400 (1.0%) $297,758 (-4.2%) 0.84 428
    2018-08-01 $249,900 (3.0%) $293,079 (-3.3%) 0.84 481
    2018-09-01 $239,900 (2.1%) $290,121 (-2.9%) 0.81 472
    2018-10-01 $232,000 (0.9%) $283,826 (-4.5%) 0.79 476
    2018-11-01 $229,488 (0.8%) $283,624 (-3.9%) 0.78 438
    2018-12-01 $234,900 (2.8%) $287,007 (4.3%) 0.81 354
    2019-01-01 $239,675 (2.2%) $290,736 (1.4%) 0.83 330
    2019-02-01 $253,050 (2.7%) $308,460 (4.2%) 0.85 317
    2019-03-01 $259,207 (3.7%) $325,671 (12.9%) 0.85 312
    2019-04-01 $259,207 (5.8%) $320,894 (11.8%) 0.82 327
    2019-05-01 $249,900 (-0.1%) $311,662 (7.1%) 0.78 346
    2019-06-01 $249,900 (-3.5%) $302,723 (-0.2%) 0.78 386
    2019-07-01 $245,425 (-2.8%) $304,093 (2.1%) 0.77 403
    2019-08-01 $242,936 (-2.8%) $306,837 (4.7%) 0.77 408
    2019-09-01 $238,416 (-0.6%) $304,466 (4.9%) 0.76 418
    2019-10-01 $234,925 (1.3%) $300,063 (5.7%) 0.76 440
    2019-11-01 $229,900 (0.2%) $299,729 (5.7%) 0.75 432
    2019-12-01 $226,400 (-3.6%) $303,482 (5.7%) 0.75 375
    2020-01-01 $229,900 (-4.1%) $307,970 (5.9%) 0.77 306
    2020-02-01 $259,900 (2.7%) $329,594 (6.9%) 0.85 282
    2020-03-01 $262,650 (1.3%) $332,754 (2.2%) 0.82 301
    2020-04-01 $262,588 (1.3%) $323,619 (0.9%) 0.82 334
    2020-05-01 $270,150 (8.1%) $326,960 (4.9%) 0.82 324
    2020-06-01 $278,225 (11.3%) $345,324 (14.1%) 0.82 303
    2020-07-01 $286,350 (16.7%) $354,886 (16.7%) 0.83 267
    2020-08-01 $274,900 (13.2%) $341,480 (11.3%) 0.79 260
    2020-09-01 $262,475 (10.1%) $323,945 (6.4%) 0.75 280
    2020-10-01 $255,000 (8.6%) $313,587 (4.5%) 0.73 237
    2020-11-01 $248,450 (8.1%) $298,216 (-0.5%) 0.73 241
    2020-12-01 $248,481 (9.8%) $301,051 (-0.8%) 0.74 208
    2021-01-01 $259,900 (13.1%) $335,312 (8.9%) 0.78 139
    2021-02-01 $272,550 (4.9%) $354,542 (7.6%) 0.79 136
    2021-03-01 $266,150 (1.3%) $380,747 (14.4%) 0.76 121
    2021-04-01 $272,400 (3.7%) $382,497 (18.2%) 0.74 125
    2021-05-01 $274,900 (1.8%) $351,034 (7.4%) 0.73 155
    2021-06-01 $284,900 (2.4%) $351,426 (1.8%) 0.75 176
    2021-07-01 $289,900 (1.2%) $349,366 (-1.6%) 0.76 204
    2021-08-01 $299,925 (9.1%) $348,591 (2.1%) 0.80 220
    2021-09-01 $299,925 (14.3%) $356,041 (9.9%) 0.80 254
    2021-10-01 $279,900 (9.8%) $338,022 (7.8%) 0.75 247
    2021-11-01 $283,675 (14.2%) $360,209 (20.8%) 0.76 216
    2021-12-01 $299,450 (20.5%) $361,394 (20.0%) 0.81 185
    2022-01-01 $289,900 (11.5%) $351,607 (4.9%) 0.78 137
    2022-02-01 $316,400 (16.1%) $373,890 (5.5%) 0.82 114
    2022-03-01 $326,900 (22.8%) $400,242 (5.1%) 0.82 118
    2022-04-01 $319,900 (17.4%) $379,914 (-0.7%) 0.76 133
    2022-05-01 $334,450 (21.7%) $395,835 (12.8%) 0.76 170
    2022-06-01 $354,200 (24.3%) $405,192 (15.3%) 0.79 201
    2022-07-01 $346,000 (19.4%) $393,190 (12.5%) 0.78 255
    2022-08-01 $364,925 (21.7%) $413,070 (18.5%) 0.84 244
    2022-09-01 $369,900 (23.3%) $417,179 (17.2%) 0.86 224
    2022-10-01 $372,400 (33.1%) $423,456 (25.3%) 0.88 220
    2022-11-01 $357,425 (26.0%) $405,384 (12.5%) 0.86 223
    2022-12-01 $359,900 (20.2%) $405,882 (12.3%) 0.89 190
    2023-01-01 $359,450 (24.0%) $409,840 (16.6%) 0.89 159
    2023-02-01 $330,000 (4.3%) $407,844 (9.1%) 0.80 140
    2023-03-01 $334,950 (2.5%) $413,961 (3.4%) 0.79 134
    2023-04-01 $346,900 (8.4%) $433,717 (14.2%) 0.81 131
    2023-05-01 $382,425 (14.3%) $467,230 (18.0%) 0.87 142
    2023-06-01 $382,425 (8.0%) $451,480 (11.4%) 0.86 156
    2023-07-01 $392,400 (13.4%) $468,214 (19.1%) 0.89 181
    2023-08-01 $372,375 (2.0%) $450,260 (9.0%) 0.86 216
    2023-09-01 $364,900 (-1.4%) $445,924 (6.9%) 0.85 240
    2023-10-01 $367,450 (-1.3%) $442,092 (4.4%) 0.86 275
    2023-11-01 $383,700 (7.4%) $455,640 (12.4%) 0.91 245
    2023-12-01 $389,950 (8.4%) $456,110 (12.4%) 0.95 210
    2024-01-01 $399,900 (11.3%) $468,058 (14.2%) 0.98 169
    2024-02-01 $399,900 (21.2%) $473,257 (16.0%) 0.96 160
    2024-03-01 $399,900 (19.4%) $464,711 (12.3%) 0.94 171
    2024-04-01 $393,450 (13.4%) $469,377 (8.2%) 0.92 207
    2024-05-01 $384,950 (0.7%) $465,754 (-0.3%) 0.88 237
    2024-06-01 $389,900 (2.0%) $478,037 (5.9%) 0.89 272
    2024-07-01 $373,400 (-4.8%) $470,107 (0.4%) 0.85 292
    2024-08-01 $369,900 (-0.7%) $451,818 (0.4%) 0.86 312
    2024-09-01 $369,888 (1.4%) $449,277 (0.8%) 0.87 340
    2024-10-01 $349,925 (-4.8%) $439,490 (-0.6%) 0.82 358
    2024-11-01 $343,400 (-10.5%) $433,493 (-4.9%) 0.82 333
    2024-12-01 $345,575 (-11.4%) $425,242 (-6.8%) 0.86 285
    2025-01-01 $357,425 (-10.6%) $426,868 (-8.8%) 0.89 257
    2025-02-01 $369,950 (-7.5%) $444,482 (-6.1%) 0.90 233
    2025-03-01 $386,900 (-3.3%) $458,619 (-1.3%) 0.00 230
    Eau Claire's median listing price for 2025-03-01 was $386,900, a difference of $-13,000 (-3.3%) versus the prior year and $16,950 versus the prior month.

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

    Eau Claire's average listing price for 2025-03-01 was $458,619, a difference of $-6,092 (-1.3%) versus the prior year and $14,137 versus the prior month.

    For the 2025-03-01 period, Eau Claire had 230 MLS listings, a difference of -3 listings (-1%) versus the prior month and 59 listings (35%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Eau Claire (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 118 days 2,015 sqft
    2018-02-01 101 days 1,963 sqft
    2018-03-01 40 days 2,020 sqft
    2018-04-01 45 days 2,080 sqft
    2018-05-01 53 days 2,040 sqft
    2018-06-01 50 days 2,033 sqft
    2018-07-01 48 days 2,063 sqft
    2018-08-01 47 days 2,041 sqft
    2018-09-01 54 days 1,980 sqft
    2018-10-01 61 days 1,977 sqft
    2018-11-01 70 days 1,878 sqft
    2018-12-01 92 days 1,851 sqft
    2019-01-01 97 days 1,807 sqft
    2019-02-01 92 days 1,949 sqft
    2019-03-01 69 days 2,010 sqft
    2019-04-01 50 days 1,988 sqft
    2019-05-01 44 days 1,822 sqft
    2019-06-01 40 days 1,909 sqft
    2019-07-01 49 days 1,893 sqft
    2019-08-01 55 days 1,820 sqft
    2019-09-01 58 days 1,791 sqft
    2019-10-01 58 days 1,771 sqft
    2019-11-01 64 days 1,748 sqft
    2019-12-01 80 days 1,719 sqft
    2020-01-01 89 days 1,722 sqft
    2020-02-01 96 days 1,800 sqft
    2020-03-01 58 days 1,905 sqft
    2020-04-01 51 days 1,901 sqft
    2020-05-01 49 days 1,965 sqft
    2020-06-01 58 days 2,063 sqft
    2020-07-01 62 days 2,004 sqft
    2020-08-01 47 days 2,034 sqft
    2020-09-01 32 days 1,926 sqft
    2020-10-01 40 days 1,890 sqft
    2020-11-01 43 days 1,785 sqft
    2020-12-01 59 days 1,785 sqft
    2021-01-01 72 days 1,800 sqft
    2021-02-01 52 days 1,855 sqft
    2021-03-01 31 days 1,800 sqft
    2021-04-01 25 days 1,797 sqft
    2021-05-01 17 days 1,672 sqft
    2021-06-01 26 days 1,679 sqft
    2021-07-01 25 days 1,707 sqft
    2021-08-01 30 days 1,903 sqft
    2021-09-01 38 days 1,843 sqft
    2021-10-01 45 days 1,679 sqft
    2021-11-01 56 days 1,691 sqft
    2021-12-01 56 days 1,731 sqft
    2022-01-01 66 days 1,618 sqft
    2022-02-01 63 days 1,643 sqft
    2022-03-01 38 days 1,732 sqft
    2022-04-01 23 days 1,825 sqft
    2022-05-01 22 days 2,047 sqft
    2022-06-01 28 days 2,084 sqft
    2022-07-01 30 days 1,952 sqft
    2022-08-01 42 days 2,136 sqft
    2022-09-01 52 days 2,098 sqft
    2022-10-01 48 days 2,014 sqft
    2022-11-01 49 days 1,981 sqft
    2022-12-01 68 days 2,000 sqft
    2023-01-01 78 days 1,970 sqft
    2023-02-01 78 days 1,825 sqft
    2023-03-01 59 days 1,837 sqft
    2023-04-01 36 days 1,893 sqft
    2023-05-01 30 days 2,120 sqft
    2023-06-01 28 days 2,150 sqft
    2023-07-01 29 days 2,120 sqft
    2023-08-01 30 days 2,014 sqft
    2023-09-01 39 days 1,990 sqft
    2023-10-01 43 days 2,066 sqft
    2023-11-01 62 days 2,070 sqft
    2023-12-01 80 days 2,022 sqft
    2024-01-01 100 days 2,005 sqft
    2024-02-01 84 days 2,020 sqft
    2024-03-01 40 days 2,085 sqft
    2024-04-01 32 days 2,065 sqft
    2024-05-01 31 days 2,025 sqft
    2024-06-01 37 days 2,123 sqft
    2024-07-01 44 days 2,092 sqft
    2024-08-01 43 days 2,020 sqft
    2024-09-01 43 days 2,071 sqft
    2024-10-01 51 days 2,039 sqft
    2024-11-01 60 days 2,000 sqft
    2024-12-01 75 days 1,929 sqft
    2025-01-01 89 days 1,994 sqft
    2025-02-01 79 days 2,036 sqft
    2025-03-01 0 days 2,022 sqft
    Eau Claire's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Eau Claire's median square footage for active listings during the 2025-03-01 period was 2,022 sqft. One year prior, the average listing was 2,085 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.