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 13 lenders originated 14 VA loans during 2023. The total origination value was $4,460,000, with an average VA loan value of $318,571.

El Campo VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in El Campo averaged 6.51% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

El Campo's average VA mortgage closing costs are $6,243.

The average rate for the prior week (2024-12-06) was 6.45% and one month ago for the week of 2024-11-08, the average rate was 6.54%.

The average rate one year ago was 6.89%.

For refis of the same type during the week of 2024-12-13, the average rate was 6.18%.

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

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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 2 5.74% $10,562
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.63% $1,962
CMG MORTGAGE, INC. 1 6.25% $5,304
CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $24,176
EVERETT FINANCIAL, INC. 1 7.38% $3,891
Gateway First Bank 1 6.75% $16,267
INTERLINC MORTGAGE SERVICES, LLC 1 6.39% $8,306
Magnolia Bank 1 5.75% $5,910
Mortgage Research Center, LLC 1 8.13% $2,946
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $8,686
QUICKEN LOANS, LLC 1 7.25% $3,599
AMCAP MORTGAGE, LTD. 1 6.75% $23,793
USAA Federal Savings Bank 1 6.50% $5,932

The top El Campo VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 2 VA loans originated. Their average total fees are $10,562, which is $8,600 higher than the next largest lender, AMERICAN PACIFIC 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. Louis
Date 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 $174,313 (-9.4%) $210,479 (1.5%) 0.00 138
2018-11-01 $188,000 (-2.8%) $209,948 (2.3%) 0.00 136
2018-12-01 $187,000 (3.9%) $214,719 (6.6%) 0.00 134
2019-01-01 $189,375 (3.2%) $219,080 (7.2%) 0.00 124
2019-02-01 $181,250 (-4.1%) $216,762 (-0.3%) 0.00 136
2019-03-01 $189,214 (3.1%) $225,621 (4.3%) 0.00 131
2019-04-01 $192,250 (-0.7%) $230,711 (3.4%) 0.00 124
2019-05-01 $192,250 (-1.9%) $234,595 (1.5%) 0.00 119
2019-06-01 $189,000 (-4.9%) $235,021 (0.1%) 0.00 120
2019-07-01 $190,675 (-9.0%) $231,142 (-3.3%) 0.00 133
2019-08-01 $189,723 (-6.1%) $228,310 (-4.3%) 0.00 134
2019-09-01 $189,457 (0.2%) $223,712 (0.9%) 0.00 130
2019-10-01 $190,780 (9.5%) $219,375 (4.2%) 0.00 132
2019-11-01 $184,900 (-1.7%) $215,056 (2.4%) 0.00 136
2019-12-01 $184,950 (-1.1%) $222,350 (3.6%) 0.00 126
2020-01-01 $180,000 (-5.0%) $211,815 (-3.3%) 0.00 117
2020-02-01 $198,500 (9.5%) $232,065 (7.1%) 0.00 126
2020-03-01 $191,223 (1.1%) $229,447 (1.7%) 0.00 132
2020-04-01 $187,500 (-2.5%) $221,328 (-4.1%) 0.00 129
2020-05-01 $195,000 (1.4%) $230,598 (-1.7%) 0.00 130
2020-06-01 $201,850 (6.8%) $230,040 (-2.1%) 0.00 133
2020-07-01 $188,998 (-0.9%) $221,253 (-4.3%) 0.00 119
2020-08-01 $193,000 (1.7%) $233,010 (2.1%) 0.00 116
2020-09-01 $188,637 (-0.4%) $231,770 (3.6%) 0.00 116
2020-10-01 $185,000 (-3.0%) $224,204 (2.2%) 0.00 111
2020-11-01 $179,419 (-3.0%) $222,770 (3.6%) 0.00 98
2020-12-01 $179,225 (-3.1%) $216,674 (-2.6%) 0.00 90
2021-01-01 $188,955 (5.0%) $220,000 (3.9%) 0.00 92
2021-02-01 $199,000 (0.3%) $238,204 (2.7%) 0.00 100
2021-03-01 $199,975 (4.6%) $241,393 (5.2%) 0.00 90
2021-04-01 $221,200 (18.0%) $245,255 (10.8%) 0.00 79
2021-05-01 $219,900 (12.8%) $244,366 (6.0%) 0.00 76
2021-06-01 $191,975 (-4.9%) $244,842 (6.4%) 0.00 72
2021-07-01 $190,000 (0.5%) $233,426 (5.5%) 0.00 82
2021-08-01 $232,500 (20.5%) $255,252 (9.6%) 0.00 91
2021-09-01 $256,975 (36.2%) $275,571 (18.9%) 0.00 94
2021-10-01 $243,125 (31.4%) $257,728 (15.0%) 0.00 99
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 $220,000 (16.4%) $261,602 (18.9%) 0.00 98
2022-02-01 $215,000 (8.0%) $265,222 (11.3%) 0.00 103
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 $259,225 (35.0%) $262,491 (7.2%) 0.00 102
2022-07-01 $254,999 (34.2%) $267,494 (14.6%) 0.00 117
2022-08-01 $246,000 (5.8%) $271,925 (6.5%) 0.00 126
2022-09-01 $240,000 (-6.6%) $268,305 (-2.6%) 0.00 122
2022-10-01 $245,000 (0.8%) $264,196 (2.5%) 0.00 127
2022-11-01 $251,250 (11.2%) $264,389 (4.4%) 0.00 136
2022-12-01 $262,000 (14.7%) $266,354 (-1.3%) 0.00 126
2023-01-01 $257,925 (17.2%) $262,417 (0.3%) 0.00 125
2023-02-01 $267,500 (24.4%) $266,154 (0.4%) 0.00 123
2023-03-01 $258,000 (18.8%) $263,476 (-1.8%) 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 (-0.2%) $278,636 (6.2%) 0.00 98
2023-07-01 $246,300 (-3.4%) $269,950 (0.9%) 0.00 107
2023-08-01 $226,000 (-8.1%) $253,795 (-6.7%) 0.00 117
2023-09-01 $230,000 (-4.2%) $260,070 (-3.1%) 0.00 117
2023-10-01 $249,300 (1.8%) $267,958 (1.4%) 0.00 123
2023-11-01 $241,250 (-4.0%) $271,894 (2.8%) 0.00 127
2023-12-01 $255,000 (-2.7%) $282,550 (6.1%) 0.00 121
2024-01-01 $260,000 (0.8%) $289,214 (10.2%) 0.00 99
2024-02-01 $245,625 (-8.2%) $272,612 (2.4%) 0.00 96
2024-03-01 $248,700 (-3.6%) $284,966 (8.2%) 0.00 94
2024-04-01 $254,250 (1.9%) $289,880 (13.6%) 0.00 102
2024-05-01 $271,250 (8.5%) $307,280 (17.1%) 0.00 105
2024-06-01 $275,000 (6.3%) $304,289 (9.2%) 0.00 107
2024-07-01 $275,000 (11.7%) $309,417 (14.6%) 0.00 108
2024-08-01 $275,000 (21.7%) $310,412 (22.3%) 0.00 100
2024-09-01 $275,000 (19.6%) $309,679 (19.1%) 0.00 100
2024-10-01 $270,000 (8.3%) $301,091 (12.4%) 0.00 113
2024-11-01 $267,000 (10.7%) $290,058 (6.7%) 0.00 119
El Campo's median listing price for 2024-11-01 was $267,000, a difference of $25,750 (10.7%) versus the prior year and $-3,000 versus the prior month.

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

El Campo's average listing price for 2024-11-01 was $290,058, a difference of $18,164 (6.7%) versus the prior year and $-11,033 versus the prior month.

For the 2024-11-01 period, El Campo had 119 MLS listings, a difference of 6 listings (5%) versus the prior month and -8 listings (-6%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - El Campo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date 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 2,140 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 1,969 sqft
2018-11-01 0 days 1,935 sqft
2018-12-01 0 days 1,985 sqft
2019-01-01 0 days 1,953 sqft
2019-02-01 0 days 1,889 sqft
2019-03-01 0 days 1,910 sqft
2019-04-01 0 days 1,914 sqft
2019-05-01 0 days 1,904 sqft
2019-06-01 0 days 1,811 sqft
2019-07-01 0 days 1,750 sqft
2019-08-01 0 days 1,753 sqft
2019-09-01 0 days 1,743 sqft
2019-10-01 0 days 1,737 sqft
2019-11-01 0 days 1,740 sqft
2019-12-01 0 days 1,746 sqft
2020-01-01 0 days 1,754 sqft
2020-02-01 0 days 1,808 sqft
2020-03-01 0 days 1,774 sqft
2020-04-01 0 days 1,747 sqft
2020-05-01 0 days 1,808 sqft
2020-06-01 0 days 1,807 sqft
2020-07-01 0 days 1,744 sqft
2020-08-01 0 days 1,743 sqft
2020-09-01 0 days 1,724 sqft
2020-10-01 0 days 1,734 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 1,760 sqft
2021-11-01 0 days 1,710 sqft
2021-12-01 0 days 1,676 sqft
2022-01-01 0 days 1,622 sqft
2022-02-01 0 days 1,631 sqft
2022-03-01 0 days 1,640 sqft
2022-04-01 0 days 1,640 sqft
2022-05-01 0 days 1,812 sqft
2022-06-01 0 days 1,709 sqft
2022-07-01 0 days 1,710 sqft
2022-08-01 0 days 1,714 sqft
2022-09-01 0 days 1,730 sqft
2022-10-01 0 days 1,743 sqft
2022-11-01 0 days 1,786 sqft
2022-12-01 0 days 1,774 sqft
2023-01-01 0 days 1,724 sqft
2023-02-01 0 days 1,680 sqft
2023-03-01 0 days 1,660 sqft
2023-04-01 0 days 1,660 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
2023-09-01 0 days 1,699 sqft
2023-10-01 0 days 1,774 sqft
2023-11-01 0 days 1,759 sqft
2023-12-01 0 days 1,833 sqft
2024-01-01 0 days 1,865 sqft
2024-02-01 0 days 1,808 sqft
2024-03-01 0 days 1,842 sqft
2024-04-01 0 days 1,914 sqft
2024-05-01 0 days 1,993 sqft
2024-06-01 0 days 1,997 sqft
2024-07-01 0 days 1,983 sqft
2024-08-01 0 days 1,850 sqft
2024-09-01 0 days 1,836 sqft
2024-10-01 0 days 1,829 sqft
2024-11-01 0 days 1,808 sqft
El Campo's median listing age (time on market) for 2024-11-01 was 0 days.

El Campo's median square footage for active listings during the 2024-11-01 period was 1,808 sqft. One year prior, the average listing was 1,759 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.