El Campo VA Loan Rates, Closing Costs & Stats
El Campo, TX
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.
El Campo's 17 lenders originated 25 VA loans during 2022. The total origination value was $6,995,000, with an average VA loan value of $279,800.
El Campo VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in El Campo
averaged
6.74%
for the week of 2023-09-22, compared to the national average (all VA variants) of
6.823% for the same period.
El Campo's average VA mortgage closing costs are $5,942.
The average rate for the prior week (2023-09-15) was
6.82% and
one month ago for the week of 2023-08-18, the
average rate was 7.1%.
The average rate one year ago was 5.67%.
For refis of the same type during the week of 2023-09-22, the average rate
was 6.62%.
El Campo 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 El Campo level.
Name | # of Loans | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
---|---|---|---|
Mortgage Research Center, LLC | 4 | 4.76% | $6,197 |
FREEDOM MORTGAGE CORPORATION | 2 | 3.25% | $5,619 |
UNITED WHOLESALE MORTGAGE, LLC | 2 | 4.16% | $3,617 |
Flagstar Bank, FSB | 2 | 3.38% | $7,881 |
ASPIRE FINANCIAL, INC. | 1 | 4.75% | $13,162 |
Century Mortgage Company DBA Century Lending Company | 1 | 5.13% | $23,849 |
CORNERSTONE HOME LENDING, INC. | 1 | 4.85% | $5,600 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.75% | $3,500 |
Gateway First Bank | 1 | 3.88% | $4,807 |
HOMEBRIDGE FINANCIAL SERVICES, INC. | 1 | 3.50% | $8,678 |
Mid-Continent Funding, Inc. | 1 | 3.25% | $10,665 |
North American Savings Bank, F.S.B. | 1 | 5.25% | $1,577 |
ACADEMY MORTGAGE CORPORATION | 1 | 3.75% | $15,687 |
VILLAGE CAPITAL MORTGAGE | 1 | 2.88% | $4,492 |
AMCAP MORTGAGE, LTD. | 1 | 4.63% | $6,131 |
AMERICAN PACIFIC MORTGAGE CORPORATION | 1 | 3.50% | $6,575 |
Armed Forces Bank | 1 | 4.25% | $10,972 |
The top El Campo VA lender as defined by loan originations is Mortgage Research Center, LLC, with
4 VA loans originated. Their average total fees are
$6,197, which is $578
higher than the next largest lender,
FREEDOM MORTGAGE CORPORATION.
The lowest fee El Campo VA lenders (with over 10 loans originated) are
.
The lowest rate El Campo VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - El Campo (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 | $183,500 (7.6%) | $204,283 (8.5%) | 0.00 | 111 |
2018-02-01 | $189,000 (8.0%) | $217,507 (14.6%) | 0.00 | 104 |
2018-03-01 | $183,500 (-2.4%) | $216,244 (8.2%) | 0.00 | 107 |
2018-04-01 | $193,500 (-0.8%) | $223,029 (4.7%) | 0.00 | 119 |
2018-05-01 | $195,950 (0.1%) | $231,238 (8.2%) | 0.00 | 122 |
2018-06-01 | $198,800 (-4.2%) | $234,755 (3.6%) | 0.00 | 132 |
2018-07-01 | $209,500 (5.1%) | $238,921 (7.2%) | 0.00 | 127 |
2018-08-01 | $202,000 (3.6%) | $238,447 (8.4%) | 0.00 | 136 |
2018-09-01 | $189,000 (-3.1%) | $221,707 (2.1%) | 0.00 | 136 |
2018-10-01 | $173,625 (-9.8%) | $210,514 (1.5%) | 0.00 | 137 |
2018-11-01 | $187,000 (-3.4%) | $210,439 (2.6%) | 0.00 | 134 |
2018-12-01 | $185,000 (2.8%) | $214,316 (6.4%) | 0.00 | 133 |
2019-01-01 | $189,125 (3.1%) | $218,688 (7.1%) | 0.00 | 123 |
2019-02-01 | $180,375 (-4.6%) | $216,373 (-0.5%) | 0.00 | 135 |
2019-03-01 | $189,107 (3.1%) | $225,293 (4.2%) | 0.00 | 130 |
2019-04-01 | $190,850 (-1.4%) | $230,406 (3.3%) | 0.00 | 123 |
2019-05-01 | $190,750 (-2.7%) | $234,316 (1.3%) | 0.00 | 118 |
2019-06-01 | $189,000 (-4.9%) | $234,748 (0.0%) | 0.00 | 119 |
2019-07-01 | $189,800 (-9.4%) | $230,855 (-3.4%) | 0.00 | 132 |
2019-08-01 | $189,509 (-6.2%) | $228,003 (-4.4%) | 0.00 | 133 |
2019-09-01 | $189,223 (0.1%) | $223,363 (0.8%) | 0.00 | 129 |
2019-10-01 | $189,282 (9.0%) | $219,003 (4.0%) | 0.00 | 131 |
2019-11-01 | $182,200 (-2.6%) | $214,657 (2.0%) | 0.00 | 135 |
2019-12-01 | $183,700 (-0.7%) | $221,990 (3.6%) | 0.00 | 125 |
2020-01-01 | $179,875 (-4.9%) | $211,325 (-3.4%) | 0.00 | 116 |
2020-02-01 | $196,750 (9.1%) | $231,790 (7.1%) | 0.00 | 125 |
2020-03-01 | $189,948 (0.4%) | $229,146 (1.7%) | 0.00 | 131 |
2020-04-01 | $187,500 (-1.8%) | $220,961 (-4.1%) | 0.00 | 128 |
2020-05-01 | $195,000 (2.2%) | $230,306 (-1.7%) | 0.00 | 129 |
2020-06-01 | $201,450 (6.6%) | $229,751 (-2.1%) | 0.00 | 132 |
2020-07-01 | $188,832 (-0.5%) | $220,867 (-4.3%) | 0.00 | 118 |
2020-08-01 | $189,000 (-0.3%) | $232,699 (2.1%) | 0.00 | 115 |
2020-09-01 | $188,275 (-0.5%) | $231,453 (3.6%) | 0.00 | 115 |
2020-10-01 | $182,250 (-3.7%) | $223,829 (2.2%) | 0.00 | 111 |
2020-11-01 | $179,419 (-1.5%) | $222,770 (3.8%) | 0.00 | 98 |
2020-12-01 | $179,225 (-2.4%) | $216,674 (-2.4%) | 0.00 | 90 |
2021-01-01 | $188,955 (5.1%) | $220,000 (4.1%) | 0.00 | 92 |
2021-02-01 | $199,000 (1.1%) | $238,204 (2.8%) | 0.00 | 100 |
2021-03-01 | $199,975 (5.3%) | $241,393 (5.3%) | 0.00 | 90 |
2021-04-01 | $221,200 (18.0%) | $245,255 (11.0%) | 0.00 | 79 |
2021-05-01 | $219,900 (12.8%) | $244,366 (6.1%) | 0.00 | 76 |
2021-06-01 | $191,975 (-4.7%) | $244,842 (6.6%) | 0.00 | 72 |
2021-07-01 | $190,000 (0.6%) | $233,426 (5.7%) | 0.00 | 82 |
2021-08-01 | $232,500 (23.0%) | $255,252 (9.7%) | 0.00 | 91 |
2021-09-01 | $256,975 (36.5%) | $275,571 (19.1%) | 0.00 | 94 |
2021-10-01 | $238,250 (30.7%) | $257,498 (15.0%) | 0.00 | 98 |
2021-11-01 | $226,000 (26.0%) | $253,342 (13.7%) | 0.00 | 102 |
2021-12-01 | $228,375 (27.4%) | $269,800 (24.5%) | 0.00 | 98 |
2022-01-01 | $219,250 (16.0%) | $261,395 (18.8%) | 0.00 | 98 |
2022-02-01 | $215,000 (8.0%) | $265,222 (11.3%) | 0.00 | 102 |
2022-03-01 | $217,250 (8.6%) | $268,295 (11.1%) | 0.00 | 108 |
2022-04-01 | $214,999 (-2.8%) | $255,850 (4.3%) | 0.00 | 107 |
2022-05-01 | $229,950 (4.6%) | $257,660 (5.4%) | 0.00 | 101 |
2022-06-01 | $258,725 (34.8%) | $260,197 (6.3%) | 0.00 | 101 |
2022-07-01 | $242,450 (27.6%) | $260,224 (11.5%) | 0.00 | 113 |
2022-08-01 | $240,975 (3.7%) | $267,292 (4.7%) | 0.00 | 123 |
2022-09-01 | $239,900 (-6.6%) | $265,232 (-3.8%) | 0.00 | 121 |
2022-10-01 | $245,000 (2.8%) | $264,196 (2.6%) | 0.00 | 127 |
2022-11-01 | $251,250 (11.2%) | $264,389 (4.4%) | 0.00 | 136 |
2022-12-01 | $256,000 (12.1%) | $263,915 (-2.2%) | 0.00 | 126 |
2023-01-01 | $257,925 (17.6%) | $262,120 (0.3%) | 0.00 | 125 |
2023-02-01 | $267,500 (24.4%) | $266,154 (0.4%) | 0.00 | 123 |
2023-03-01 | $257,000 (18.3%) | $262,989 (-2.0%) | 0.00 | 130 |
2023-04-01 | $249,500 (16.1%) | $255,294 (-0.2%) | 0.00 | 130 |
2023-05-01 | $249,975 (8.7%) | $262,312 (1.8%) | 0.00 | 103 |
2023-06-01 | $258,750 (0.0%) | $278,636 (7.1%) | 0.00 | 98 |
2023-07-01 | $246,300 (1.6%) | $269,950 (3.7%) | 0.00 | 107 |
2023-08-01 | $226,000 (-6.2%) | $253,795 (-5.1%) | 0.00 | 117 |
El Campo's median listing price comes in at 0% of the national average.
El Campo's average listing price for 2023-08-01 was $253,795, a difference of $-13,497 (-5.1%) versus the prior year and $-16,155 versus the prior month.
For the 2023-08-01 period, El Campo had 117 MLS listings, a difference of 10 listings (9%) versus the prior month and -6 listings (-5%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - El Campo (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,054 sqft |
2018-02-01 | 0 days | 2,133 sqft |
2018-03-01 | 0 days | 2,135 sqft |
2018-04-01 | 0 days | 2,127 sqft |
2018-05-01 | 0 days | 2,132 sqft |
2018-06-01 | 0 days | 2,135 sqft |
2018-07-01 | 0 days | 2,112 sqft |
2018-08-01 | 0 days | 2,090 sqft |
2018-09-01 | 0 days | 2,036 sqft |
2018-10-01 | 0 days | 1,978 sqft |
2018-11-01 | 0 days | 1,952 sqft |
2018-12-01 | 0 days | 1,986 sqft |
2019-01-01 | 0 days | 1,973 sqft |
2019-02-01 | 0 days | 1,901 sqft |
2019-03-01 | 0 days | 1,915 sqft |
2019-04-01 | 0 days | 1,924 sqft |
2019-05-01 | 0 days | 1,904 sqft |
2019-06-01 | 0 days | 1,813 sqft |
2019-07-01 | 0 days | 1,757 sqft |
2019-08-01 | 0 days | 1,761 sqft |
2019-09-01 | 0 days | 1,747 sqft |
2019-10-01 | 0 days | 1,739 sqft |
2019-11-01 | 0 days | 1,741 sqft |
2019-12-01 | 0 days | 1,749 sqft |
2020-01-01 | 0 days | 1,763 sqft |
2020-02-01 | 0 days | 1,832 sqft |
2020-03-01 | 0 days | 1,782 sqft |
2020-04-01 | 0 days | 1,751 sqft |
2020-05-01 | 0 days | 1,808 sqft |
2020-06-01 | 0 days | 1,808 sqft |
2020-07-01 | 0 days | 1,748 sqft |
2020-08-01 | 0 days | 1,744 sqft |
2020-09-01 | 0 days | 1,731 sqft |
2020-10-01 | 0 days | 1,736 sqft |
2020-11-01 | 0 days | 1,768 sqft |
2020-12-01 | 0 days | 1,765 sqft |
2021-01-01 | 0 days | 1,761 sqft |
2021-02-01 | 0 days | 1,764 sqft |
2021-03-01 | 0 days | 1,792 sqft |
2021-04-01 | 0 days | 1,827 sqft |
2021-05-01 | 0 days | 1,851 sqft |
2021-06-01 | 0 days | 1,790 sqft |
2021-07-01 | 0 days | 1,714 sqft |
2021-08-01 | 0 days | 1,826 sqft |
2021-09-01 | 0 days | 1,868 sqft |
2021-10-01 | 0 days | 1,761 sqft |
2021-11-01 | 0 days | 1,710 sqft |
2021-12-01 | 0 days | 1,676 sqft |
2022-01-01 | 0 days | 1,621 sqft |
2022-02-01 | 0 days | 1,631 sqft |
2022-03-01 | 0 days | 1,646 sqft |
2022-04-01 | 0 days | 1,640 sqft |
2022-05-01 | 0 days | 1,812 sqft |
2022-06-01 | 0 days | 1,706 sqft |
2022-07-01 | 0 days | 1,690 sqft |
2022-08-01 | 0 days | 1,695 sqft |
2022-09-01 | 0 days | 1,720 sqft |
2022-10-01 | 0 days | 1,737 sqft |
2022-11-01 | 0 days | 1,774 sqft |
2022-12-01 | 0 days | 1,750 sqft |
2023-01-01 | 0 days | 1,724 sqft |
2023-02-01 | 0 days | 1,680 sqft |
2023-03-01 | 0 days | 1,659 sqft |
2023-04-01 | 0 days | 1,651 sqft |
2023-05-01 | 0 days | 1,655 sqft |
2023-06-01 | 0 days | 1,747 sqft |
2023-07-01 | 0 days | 1,751 sqft |
2023-08-01 | 0 days | 1,704 sqft |
El Campo's median square footage for active listings during the 2023-08-01 period was 1,704 sqft. One year prior, the average listing was 1,695 sqft.