Elizabethtown VA Loan Rates, Closing Costs & Stats

ELIZABETHTOWN-FORT KNOX, KY

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.

Elizabethtown's 102 lenders originated 978 VA loans during 2022. The total origination value was $270,780,000, with an average VA loan value of $276,871.

Elizabethtown VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Elizabethtown averaged 6.11% for the week of 2024-03-01, compared to the national average (all VA variants) of 6.517% for the same period.

Elizabethtown's average VA mortgage closing costs are $4,877.

The average rate for the prior week (2024-02-23) was 6.34% and one month ago for the week of 2024-01-26, the average rate was 5.97%.

The average rate one year ago was 6.01%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.32%.

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

Elizabethtown 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 Elizabethtown level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 179 4.96% $6,552
UNITED WHOLESALE MORTGAGE, LLC 100 4.72% $7,156
FREEDOM MORTGAGE CORPORATION 58 4.38% $9,064
QUICKEN LOANS, LLC 57 4.15% $7,711
NAVY FEDERAL CREDIT UNION 41 3.94% $4,476
NEW DAY FINANCIAL, LLC 38 5.25% $8,810
SOUTH CENTRAL BANK, INC. 35 4.56% $6,916
USAA Federal Savings Bank 27 4.30% $8,672
Prosperity Home Mortgage, LLC 23 4.47% $8,208
Mr. Cooper ( Nationstar Mortgage ) 19 4.95% $7,253
Northpointe Bank 18 5.17% $7,747
PENNYMAC LOAN SERVICES, LLC 17 3.35% $6,879
The Federal Savings Bank 16 5.34% $16,311
AMERIFIRST FINANCIAL CORPORATION 15 5.29% $8,206
HOME POINT FINANCIAL CORPORATION 13 4.78% $11,563
MUTUAL OF OMAHA MORTGAGE, INC. 11 5.11% $5,774
MORTGAGE SOLUTIONS OF COLORADO, LLC 11 6.08% $6,308
EVERETT FINANCIAL, INC. 11 5.10% $4,762
CMG MORTGAGE, INC. 10 4.59% $7,051
LOANDEPOT.COM, LLC 9 4.29% $7,122
AMERISAVE MORTGAGE CORPORATION 9 4.81% $11,194
Magnolia Bank 8 4.25% $11,587
CROSSCOUNTRY MORTGAGE, LLC 8 5.58% $6,457
PLAZA HOME MORTGAGE, INC. 8 4.84% $8,509
GUARANTEED RATE, INC. 8 4.48% $8,372
Armed Forces Bank 7 4.09% $11,240
Citizens Bank 7 4.89% $8,934
RUOFF MORTGAGE COMPANY, INC. 6 5.81% $6,175
LAKEVIEW LOAN SERVICING, LLC 6 4.06% $6,198
PENTAGON FEDERAL CREDIT UNION 6 3.31% $6,853
UNION HOME MORTGAGE CORP. 6 4.17% $7,571
INTERLINC MORTGAGE SERVICES, LLC 6 5.25% $3,946
STOCKTON MORTGAGE CORPORATION 5 4.85% $7,920
CLEARPATH LENDING 4 3.78% $6,536
NEWREZ LLC 4 3.72% $7,556
CALIBER HOME LOANS, INC. 4 4.25% $6,868
Wells Fargo Bank 4 3.72% $6,625
Nations Lending Corporation 4 4.88% $8,817
Barrington Bank & Trust Company, N.A. 4 3.91% $5,785
PNC Bank 4 4.63% $5,214
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 3.59% $4,706
Wilson & Muir Bank & Trust Company 3 4.13% $3,867
AMERICAN FINANCING CORPORATION 3 4.58% $10,024
BROKER SOLUTIONS, INC. 3 6.25% $6,168
Century Mortgage Company DBA Century Lending Company 3 5.08% $4,211
Lakeview Community Capital, LLC 3 4.38% $3,774
North American Savings Bank, F.S.B. 3 3.88% $14,578
SOVEREIGN LENDING GROUP INCORPORATED 3 4.21% $11,672
Abound Federal Credit Union 2 5.44% $3,420
NBH Bank 2 4.43% $5,187
PLANET HOME LENDING, LLC 2 4.50% $4,738
Texana Bank 2 4.25% $7,339
Farmers & Stockmens Bank 2 5.00% $7,704
Equity Prime Mortgage LLC 2 5.81% $5,347
WesBanco 2 4.06% $4,388
Low VA Rates, LLC 2 4.25% $6,589
THRIVE MORTGAGE, LLC 2 3.56% $8,208
RELIANCE FIRST CAPITAL, LLC 2 4.31% $16,063
NETWORK CAPITAL FUNDING CORPORATION 2 3.50% $11,937
Paramount Residential Mortgage Group, Inc. 2 5.19% $8,249
FIRST COMMUNITY MORTGAGE, INC. 2 4.31% $6,970
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 5.50% $8,461
GENEVA FINANCIAL, LLC 2 6.25% $6,458
Carrington Mortgage Services, LLC 2 4.31% $6,145
SOUTHWEST FUNDING, LP 2 4.44% $15,067
LENOX FINANCIAL MORTGAGE CORPORATION 2 3.50% $5,466
DHI MORTGAGE COMPANY, LTD. 1 5.50% $17,227
Republic Bank & Trust Company 1 4.75% $1,833
RESIDENTIAL BANCORP 1 4.38% $6,437
CHURCHILL MORTGAGE CORPORATION 1 5.75% $7,964
Service Federal Credit Union 1 4.38% $9,003
BNC National Bank 1 2.63% $16,974
Strong Home Mortgage, LLC 1 4.50% $4,684
The Central Trust Bank 1 2.75% $11,383
BAY EQUITY LLC 1 3.99% $7,030
The Huntington National Bank 1 4.25% $8,983
THE MORTGAGE WAREHOUSE,LLC 1 5.13% $12,374
Truist 1 4.50% $2,765
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.75% $16,657
Union Savings Bank 1 3.50% $16,503
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.50% $2,281
VILLAGE CAPITAL MORTGAGE 1 2.25% $2,529
KELLER MORTGAGE, LLC 1 4.25% $2,261
AMERICAN INTERNET MORTGAGE, INC. 1 2.75% $15,392
JPMorgan Chase Bank 1 4.38% $12,069
HOMESIDE FINANCIAL, LLC 1 6.75% $13,637
GUILD MORTGAGE COMPANY 1 4.25% $3,659
MID AMERICA MORTGAGE, INC. 1 4.13% $5,499
MORTGAGE MASTERS OF INDIANA, INC. 1 5.63% $2,082
GERSHMAN INVESTMENT CORP. 1 5.75% $19,111
Fortera Federal Credit Union 1 3.38% $2,109
F&M Bank 1 4.25% $25,659
FLAT BRANCH MORTGAGE, INC. 1 3.63% $19,334
Flagstar Bank, FSB 1 4.00% $18,795
NBKC BANK 1 4.88% $2,028
First Guaranty Mortgage Corporation 1 2.88% $10,749
First Federal Bank of Kansas City 1 3.13% $5,479
First Federal Bank 1 3.25% $10,013
NP, Inc. 1 3.25% $5,785
Fifth Third Bank 1 3.75% $3,715
Plains Commerce Bank 1 6.75% $8,511
ENVOY MORTGAGE, LTD 1 5.63% $4,550

The top Elizabethtown VA lender as defined by loan originations is Mortgage Research Center, LLC, with 179 VA loans originated. Their average total fees are $6,552, which is $605 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Elizabethtown VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($4,476), EVERETT FINANCIAL, INC. ($4,762), MUTUAL OF OMAHA MORTGAGE, INC. ($5,774), MORTGAGE SOLUTIONS OF COLORADO, LLC ($6,308) and Mortgage Research Center, LLC ($6,552).

The lowest rate Elizabethtown VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.35%), NAVY FEDERAL CREDIT UNION (3.94%), QUICKEN LOANS, LLC (4.15%), USAA Federal Savings Bank (4.30%) and FREEDOM MORTGAGE CORPORATION (4.38%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Elizabethtown (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 $169,900 (6.3%) $196,399 (4.7%) 0.63 492
2018-02-01 $171,250 (7.1%) $202,661 (6.1%) 0.62 460
2018-03-01 $179,900 (9.1%) $213,770 (9.9%) 0.63 443
2018-04-01 $189,900 (11.8%) $215,412 (10.0%) 0.64 457
2018-05-01 $190,425 (12.2%) $217,913 (8.5%) 0.64 460
2018-06-01 $189,900 (11.9%) $218,138 (6.9%) 0.63 500
2018-07-01 $195,225 (14.9%) $223,442 (9.4%) 0.65 523
2018-08-01 $199,900 (15.9%) $221,937 (8.9%) 0.67 539
2018-09-01 $189,700 (11.3%) $216,531 (9.4%) 0.64 569
2018-10-01 $189,700 (10.5%) $212,448 (6.7%) 0.64 548
2018-11-01 $194,000 (14.2%) $213,326 (8.7%) 0.66 544
2018-12-01 $190,000 (11.8%) $215,657 (9.7%) 0.66 525
2019-01-01 $194,600 (14.5%) $212,020 (8.0%) 0.67 490
2019-02-01 $189,950 (10.9%) $211,522 (4.4%) 0.64 492
2019-03-01 $199,857 (11.1%) $214,714 (0.4%) 0.65 454
2019-04-01 $204,725 (7.8%) $217,847 (1.1%) 0.65 424
2019-05-01 $212,000 (11.3%) $228,567 (4.9%) 0.66 431
2019-06-01 $204,900 (7.9%) $224,340 (2.8%) 0.64 466
2019-07-01 $200,000 (2.5%) $227,161 (1.7%) 0.63 463
2019-08-01 $204,009 (2.1%) $229,093 (3.2%) 0.65 477
2019-09-01 $210,023 (10.7%) $231,407 (6.9%) 0.67 485
2019-10-01 $216,600 (14.2%) $236,181 (11.2%) 0.70 490
2019-11-01 $215,900 (11.3%) $238,902 (12.0%) 0.71 480
2019-12-01 $219,450 (15.5%) $239,631 (11.1%) 0.73 435
2020-01-01 $215,900 (11.0%) $236,454 (11.5%) 0.72 398
2020-02-01 $219,000 (15.3%) $233,200 (10.3%) 0.72 368
2020-03-01 $215,000 (7.6%) $233,968 (9.0%) 0.67 325
2020-04-01 $219,225 (7.1%) $235,057 (7.9%) 0.69 307
2020-05-01 $232,900 (9.9%) $244,297 (6.9%) 0.71 245
2020-06-01 $225,650 (10.1%) $253,222 (12.9%) 0.66 189
2020-07-01 $244,675 (22.3%) $274,380 (20.8%) 0.71 176
2020-08-01 $242,500 (18.9%) $272,804 (19.1%) 0.69 172
2020-09-01 $243,475 (15.9%) $276,153 (19.3%) 0.70 183
2020-10-01 $234,500 (8.3%) $270,793 (14.7%) 0.67 169
2020-11-01 $199,500 (-7.6%) $255,648 (7.0%) 0.58 177
2020-12-01 $215,000 (-2.0%) $260,950 (8.9%) 0.64 193
2021-01-01 $209,900 (-2.8%) $269,152 (13.8%) 0.63 164
2021-02-01 $223,650 (2.1%) $274,629 (17.8%) 0.65 138
2021-03-01 $249,900 (16.2%) $289,733 (23.8%) 0.71 134
2021-04-01 $266,350 (21.5%) $299,388 (27.4%) 0.72 128
2021-05-01 $239,950 (3.0%) $289,363 (18.5%) 0.64 125
2021-06-01 $259,900 (15.2%) $321,375 (26.9%) 0.68 140
2021-07-01 $275,900 (12.8%) $321,065 (17.0%) 0.73 181
2021-08-01 $275,000 (13.4%) $305,952 (12.2%) 0.73 211
2021-09-01 $272,475 (11.9%) $300,438 (8.8%) 0.73 226
2021-10-01 $269,900 (15.1%) $313,661 (15.8%) 0.72 233
2021-11-01 $273,700 (37.2%) $307,859 (20.4%) 0.73 233
2021-12-01 $251,225 (16.9%) $295,863 (13.4%) 0.68 199
2022-01-01 $250,000 (19.1%) $309,597 (15.0%) 0.68 159
2022-02-01 $269,900 (20.7%) $318,052 (15.8%) 0.70 142
2022-03-01 $268,000 (7.2%) $327,020 (12.9%) 0.67 125
2022-04-01 $265,000 (-0.5%) $299,284 (0.0%) 0.63 119
2022-05-01 $284,900 (18.7%) $316,573 (9.4%) 0.65 130
2022-06-01 $268,950 (3.5%) $303,494 (-5.6%) 0.60 202
2022-07-01 $278,000 (0.8%) $320,605 (-0.1%) 0.63 277
2022-08-01 $299,650 (9.0%) $318,805 (4.2%) 0.69 303
2022-09-01 $306,050 (12.3%) $331,420 (10.3%) 0.72 249
2022-10-01 $319,900 (18.5%) $347,702 (10.9%) 0.75 287
2022-11-01 $308,450 (12.7%) $341,948 (11.1%) 0.74 321
2022-12-01 $302,500 (20.4%) $341,399 (15.4%) 0.75 289
2023-01-01 $316,500 (26.6%) $338,954 (9.5%) 0.78 237
2023-02-01 $316,500 (17.3%) $342,987 (7.8%) 0.76 226
2023-03-01 $317,500 (18.5%) $349,755 (7.0%) 0.75 215
2023-04-01 $316,000 (19.3%) $346,595 (15.8%) 0.73 218
2023-05-01 $315,500 (10.7%) $341,656 (7.9%) 0.72 204
2023-06-01 $322,200 (19.8%) $347,889 (14.6%) 0.72 220
2023-07-01 $325,000 (16.9%) $349,687 (9.1%) 0.74 257
2023-08-01 $323,323 (7.9%) $350,213 (9.9%) 0.74 277
2023-09-01 $319,900 (4.5%) $339,104 (2.3%) 0.74 288
2023-10-01 $319,395 (-0.2%) $344,635 (-0.9%) 0.75 293
2023-11-01 $312,975 (1.5%) $343,863 (0.6%) 0.75 318
2023-12-01 $315,000 (4.1%) $346,331 (1.4%) 0.77 314
2024-01-01 $316,250 (-0.1%) $347,420 (2.5%) 0.77 289
Elizabethtown's median listing price for 2024-01-01 was $316,250, a difference of $-250 (-0.1%) versus the prior year and $1,250 versus the prior month.

Elizabethtown's median listing price comes in at 77% of the national average.

Elizabethtown's average listing price for 2024-01-01 was $347,420, a difference of $8,466 (2.5%) versus the prior year and $1,089 versus the prior month.

For the 2024-01-01 period, Elizabethtown had 289 MLS listings, a difference of -25 listings (-8%) versus the prior month and 52 listings (22%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Elizabethtown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 82 days 1,800 sqft
2018-02-01 80 days 1,838 sqft
2018-03-01 56 days 1,869 sqft
2018-04-01 55 days 1,960 sqft
2018-05-01 53 days 1,987 sqft
2018-06-01 44 days 2,004 sqft
2018-07-01 46 days 2,012 sqft
2018-08-01 52 days 2,014 sqft
2018-09-01 55 days 1,973 sqft
2018-10-01 65 days 1,969 sqft
2018-11-01 69 days 1,985 sqft
2018-12-01 80 days 1,977 sqft
2019-01-01 80 days 1,983 sqft
2019-02-01 72 days 1,993 sqft
2019-03-01 63 days 2,000 sqft
2019-04-01 54 days 1,999 sqft
2019-05-01 51 days 1,987 sqft
2019-06-01 50 days 1,942 sqft
2019-07-01 53 days 1,937 sqft
2019-08-01 54 days 1,983 sqft
2019-09-01 55 days 2,053 sqft
2019-10-01 56 days 2,122 sqft
2019-11-01 61 days 2,125 sqft
2019-12-01 68 days 2,151 sqft
2020-01-01 80 days 2,123 sqft
2020-02-01 71 days 2,127 sqft
2020-03-01 50 days 1,921 sqft
2020-04-01 50 days 1,926 sqft
2020-05-01 57 days 1,968 sqft
2020-06-01 52 days 2,170 sqft
2020-07-01 40 days 2,204 sqft
2020-08-01 37 days 2,160 sqft
2020-09-01 39 days 2,056 sqft
2020-10-01 38 days 1,920 sqft
2020-11-01 33 days 1,835 sqft
2020-12-01 43 days 1,855 sqft
2021-01-01 54 days 1,859 sqft
2021-02-01 50 days 1,870 sqft
2021-03-01 31 days 1,895 sqft
2021-04-01 30 days 1,967 sqft
2021-05-01 30 days 1,945 sqft
2021-06-01 24 days 1,988 sqft
2021-07-01 24 days 2,012 sqft
2021-08-01 28 days 2,062 sqft
2021-09-01 33 days 2,060 sqft
2021-10-01 39 days 2,010 sqft
2021-11-01 37 days 1,923 sqft
2021-12-01 45 days 1,824 sqft
2022-01-01 58 days 1,828 sqft
2022-02-01 28 days 1,833 sqft
2022-03-01 25 days 1,922 sqft
2022-04-01 24 days 1,923 sqft
2022-05-01 19 days 1,987 sqft
2022-06-01 17 days 1,851 sqft
2022-07-01 29 days 1,890 sqft
2022-08-01 46 days 1,894 sqft
2022-09-01 48 days 1,951 sqft
2022-10-01 42 days 2,128 sqft
2022-11-01 45 days 2,069 sqft
2022-12-01 58 days 2,035 sqft
2023-01-01 67 days 2,039 sqft
2023-02-01 43 days 1,922 sqft
2023-03-01 44 days 2,013 sqft
2023-04-01 36 days 1,904 sqft
2023-05-01 42 days 1,823 sqft
2023-06-01 41 days 1,939 sqft
2023-07-01 36 days 1,984 sqft
2023-08-01 44 days 2,004 sqft
2023-09-01 44 days 1,967 sqft
2023-10-01 46 days 1,924 sqft
2023-11-01 46 days 1,923 sqft
2023-12-01 53 days 1,924 sqft
2024-01-01 67 days 1,902 sqft
Elizabethtown's median listing age (time on market) for 2024-01-01 was 67 days. This is 1% longer than the same period one year ago.

Elizabethtown's median square footage for active listings during the 2024-01-01 period was 1,902 sqft. One year prior, the average listing was 2,039 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.