Edwards VA Loans
Edwards, CO
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 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.
Edwards's 34 lenders originated 81 VA loans during 2021. The total origination value was $47,955,000, with an average VA loan value of $592,037.
Edwards VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Edwards
averaged
5.46%
for the week of 2022-08-05, compared to the national average (all VA variants) of
5.013% for the same period.
The average rate for the prior week (2022-07-29) was
5.32% and
one month ago for the week of 2022-07-01, the
average rate was 5.74%.
The average rate one year ago was 3.02%.
For refis of the same type during the week of 2022-08-05, the average rate
was 5.2%.
Edwards VA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Edwards level.
The top Edwards VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with
8 VA loans originated. Their average total fees are
$5,194, which is $8,199
lower than the next largest lender,
NAVY FEDERAL CREDIT UNION.
The lowest fee Edwards VA lenders (with over 10 loans originated) are
.
The lowest rate Edwards VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Edwards (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $699,000 (-1.4%) | $1,680,168 (-4.9%) | 0.00 | 964 |
2018-02-01 | $688,500 (-4.7%) | $1,671,892 (-5.6%) | 0.00 | 963 |
2018-03-01 | $650,000 (-11.8%) | $1,648,596 (-9.5%) | 0.00 | 1,021 |
2018-04-01 | $619,250 (-11.4%) | $1,589,365 (-11.7%) | 0.00 | 1,011 |
2018-05-01 | $562,250 (-21.6%) | $1,485,395 (-15.1%) | 0.00 | 1,015 |
2018-06-01 | $630,000 (-13.6%) | $1,496,901 (-12.8%) | 0.00 | 1,078 |
2018-07-01 | $675,000 (-10.0%) | $1,606,734 (-7.1%) | 0.00 | 1,188 |
2018-08-01 | $668,500 (-12.9%) | $1,637,436 (-6.4%) | 0.00 | 1,184 |
2018-09-01 | $635,000 (-20.5%) | $1,639,962 (-9.5%) | 0.00 | 1,126 |
2018-10-01 | $612,000 (-21.1%) | $1,620,933 (-11.0%) | 0.00 | 1,082 |
2018-11-01 | $579,500 (-21.1%) | $1,623,302 (-10.5%) | 0.00 | 1,062 |
2018-12-01 | $629,000 (-15.3%) | $1,691,574 (-2.2%) | 0.00 | 1,084 |
2019-01-01 | $644,500 (-7.8%) | $1,693,364 (0.8%) | 0.00 | 1,087 |
2019-02-01 | $650,000 (-5.6%) | $1,692,695 (1.2%) | 0.00 | 1,091 |
2019-03-01 | $648,714 (-0.2%) | $1,674,687 (1.6%) | 0.00 | 1,068 |
2019-04-01 | $648,714 (4.8%) | $1,682,418 (5.9%) | 0.00 | 1,033 |
2019-05-01 | $642,000 (14.2%) | $1,692,787 (14.0%) | 0.00 | 983 |
2019-06-01 | $698,000 (10.8%) | $1,721,894 (15.0%) | 0.00 | 1,074 |
2019-07-01 | $737,000 (9.2%) | $1,874,220 (16.7%) | 0.00 | 1,163 |
2019-08-01 | $699,000 (4.6%) | $1,895,126 (15.7%) | 0.00 | 1,130 |
2019-09-01 | $699,500 (10.2%) | $1,943,486 (18.5%) | 0.00 | 1,079 |
2019-10-01 | $692,000 (13.1%) | $1,960,254 (20.9%) | 0.00 | 1,043 |
2019-11-01 | $659,000 (13.7%) | $1,938,188 (19.4%) | 0.00 | 1,039 |
2019-12-01 | $749,950 (19.2%) | $2,019,510 (19.4%) | 0.00 | 1,030 |
2020-01-01 | $749,500 (16.3%) | $2,083,433 (23.0%) | 0.00 | 963 |
2020-02-01 | $775,000 (19.2%) | $2,141,459 (26.5%) | 0.00 | 936 |
2020-03-01 | $749,950 (15.6%) | $2,113,838 (26.2%) | 0.00 | 978 |
2020-04-01 | $682,000 (5.1%) | $1,921,089 (14.2%) | 0.00 | 961 |
2020-05-01 | $659,000 (2.7%) | $1,799,383 (6.3%) | 0.00 | 951 |
2020-06-01 | $702,000 (0.6%) | $1,856,603 (7.8%) | 0.00 | 965 |
2020-07-01 | $725,000 (-1.6%) | $1,963,997 (4.8%) | 0.00 | 955 |
2020-08-01 | $739,000 (5.7%) | $2,128,729 (12.3%) | 0.00 | 922 |
2020-09-01 | $785,000 (12.2%) | $2,203,384 (13.4%) | 0.00 | 832 |
2020-10-01 | $720,000 (4.1%) | $2,326,360 (18.7%) | 0.00 | 747 |
2020-11-01 | $686,250 (4.1%) | $2,447,457 (26.3%) | 0.00 | 708 |
2020-12-01 | $694,000 (-7.5%) | $2,542,877 (25.9%) | 0.00 | 669 |
2021-01-01 | $640,000 (-14.6%) | $2,679,871 (28.6%) | 0.00 | 628 |
2021-02-01 | $549,000 (-29.2%) | $2,768,504 (29.3%) | 0.00 | 597 |
2021-03-01 | $539,500 (-28.1%) | $2,665,429 (26.1%) | 0.00 | 576 |
2021-04-01 | $467,500 (-31.5%) | $2,571,512 (33.9%) | 0.00 | 551 |
2021-05-01 | $525,000 (-20.3%) | $2,587,821 (43.8%) | 0.00 | 495 |
2021-06-01 | $612,450 (-12.8%) | $2,630,733 (41.7%) | 0.00 | 512 |
2021-07-01 | $689,500 (-4.9%) | $2,505,664 (27.6%) | 0.00 | 540 |
2021-08-01 | $817,500 (10.6%) | $2,600,784 (22.2%) | 0.00 | 522 |
2021-09-01 | $774,500 (-1.3%) | $2,541,392 (15.3%) | 0.00 | 505 |
2021-10-01 | $699,000 (-2.9%) | $2,306,885 (-0.8%) | 0.00 | 461 |
2021-11-01 | $342,500 (-50.1%) | $2,194,910 (-10.3%) | 0.00 | 414 |
2021-12-01 | $275,000 (-60.4%) | $2,299,123 (-9.6%) | 0.00 | 405 |
2022-01-01 | $195,000 (-69.5%) | $2,204,928 (-17.7%) | 0.00 | 397 |
2022-02-01 | $459,000 (-16.4%) | $2,270,926 (-18.0%) | 0.00 | 404 |
2022-03-01 | $536,500 (-0.6%) | $2,298,406 (-13.8%) | 0.00 | 383 |
2022-04-01 | $630,000 (34.8%) | $2,174,025 (-15.5%) | 0.00 | 386 |
2022-05-01 | $864,500 (64.7%) | $2,327,179 (-10.1%) | 0.00 | 390 |
2022-06-01 | $1,124,500 (83.6%) | $2,337,692 (-11.1%) | 0.00 | 446 |
Edwards's median listing price comes in at 0% of the national average.
Edwards's average listing price for 2022-06-01 was $2,337,692, a difference of $-293,041 (-11.1%) versus the prior year and $10,513 versus the prior month.
For the 2022-06-01 period, Edwards had 446 MLS listings, a difference of 56 listings (14%) versus the prior month and -66 listings (-13%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Edwards (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,834 sqft |
2018-02-01 | 0 days | 1,800 sqft |
2018-03-01 | 0 days | 1,792 sqft |
2018-04-01 | 0 days | 1,713 sqft |
2018-05-01 | 0 days | 1,698 sqft |
2018-06-01 | 0 days | 1,725 sqft |
2018-07-01 | 0 days | 1,786 sqft |
2018-08-01 | 0 days | 1,775 sqft |
2018-09-01 | 0 days | 1,711 sqft |
2018-10-01 | 0 days | 1,690 sqft |
2018-11-01 | 0 days | 1,660 sqft |
2018-12-01 | 0 days | 1,689 sqft |
2019-01-01 | 0 days | 1,706 sqft |
2019-02-01 | 0 days | 1,703 sqft |
2019-03-01 | 0 days | 1,704 sqft |
2019-04-01 | 0 days | 1,706 sqft |
2019-05-01 | 0 days | 1,749 sqft |
2019-06-01 | 0 days | 1,748 sqft |
2019-07-01 | 0 days | 1,802 sqft |
2019-08-01 | 0 days | 1,805 sqft |
2019-09-01 | 0 days | 1,804 sqft |
2019-10-01 | 0 days | 1,800 sqft |
2019-11-01 | 0 days | 1,781 sqft |
2019-12-01 | 0 days | 1,759 sqft |
2020-01-01 | 0 days | 1,736 sqft |
2020-02-01 | 0 days | 1,785 sqft |
2020-03-01 | 0 days | 1,727 sqft |
2020-04-01 | 0 days | 1,616 sqft |
2020-05-01 | 0 days | 1,619 sqft |
2020-06-01 | 0 days | 1,621 sqft |
2020-07-01 | 0 days | 1,633 sqft |
2020-08-01 | 0 days | 1,606 sqft |
2020-09-01 | 0 days | 1,600 sqft |
2020-10-01 | 0 days | 1,604 sqft |
2020-11-01 | 0 days | 1,619 sqft |
2020-12-01 | 0 days | 1,657 sqft |
2021-01-01 | 0 days | 1,677 sqft |
2021-02-01 | 0 days | 1,663 sqft |
2021-03-01 | 0 days | 1,715 sqft |
2021-04-01 | 0 days | 1,729 sqft |
2021-05-01 | 0 days | 1,793 sqft |
2021-06-01 | 0 days | 1,800 sqft |
2021-07-01 | 0 days | 1,811 sqft |
2021-08-01 | 0 days | 1,845 sqft |
2021-09-01 | 0 days | 1,815 sqft |
2021-10-01 | 0 days | 1,800 sqft |
2021-11-01 | 0 days | 1,666 sqft |
2021-12-01 | 0 days | 1,625 sqft |
2022-01-01 | 0 days | 1,586 sqft |
2022-02-01 | 0 days | 1,619 sqft |
2022-03-01 | 0 days | 1,623 sqft |
2022-04-01 | 0 days | 1,606 sqft |
2022-05-01 | 0 days | 1,639 sqft |
2022-06-01 | 0 days | 1,704 sqft |
Edwards's median square footage for active listings during the 2022-06-01 period was 1,704 sqft. One year prior, the average listing was 1,800 sqft.