Española VA Loan Rates, Closing Costs & Stats
Española, NM
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.
Española's 17 lenders originated 33 VA loans during 2024. The total origination value was $11,155,000, with an average VA loan value of $338,030.
Española VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Española
averaged
6.62%
for the week of 2025-04-04, compared to the national average (all VA variants) of
6.06% for the same period.
Española's average VA mortgage closing costs are $7,796.
The average rate for the prior week (2025-03-28) was
6.64% and
one month ago for the week of 2025-02-28, the
average rate was 6.92%.
The average rate one year ago was 7.13%.
For refis of the same type during the week of 2025-04-04, the average rate
was 5.96%.
Española 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 Española level.
Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
---|---|---|---|
FREEDOM MORTGAGE CORPORATION | 8 | 6.14% | $10,722 |
Mortgage Research Center, LLC | 4 | 6.31% | $7,653 |
PRIMARY RESIDENTIAL MORTGAGE, INC. | 3 | 5.83% | $10,528 |
Waterstone Mortgage Corporation | 2 | 7.44% | $10,363 |
NAVY FEDERAL CREDIT UNION | 2 | 6.00% | $1,510 |
QUICKEN LOANS, LLC | 2 | 5.43% | $7,105 |
LAKEVIEW LOAN SERVICING, LLC | 1 | 4.75% | $12,526 |
LOANDEPOT.COM, LLC | 1 | 7.50% | $12,102 |
Equity Prime Mortgage LLC | 1 | 6.50% | $6,480 |
VILLAGE CAPITAL MORTGAGE | 1 | 5.38% | $5,911 |
PENNYMAC LOAN SERVICES, LLC | 1 | 5.75% | $6,523 |
CROSSCOUNTRY MORTGAGE, LLC | 1 | 5.99% | $5,747 |
BOKF | 1 | 6.13% | $5,129 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.75% | $3,505 |
USAA Federal Savings Bank | 1 | 6.25% | $9,807 |
GUILD MORTGAGE COMPANY | 1 | 7.13% | $19,258 |
HOMEBRIDGE FINANCIAL SERVICES, INC. | 1 | 6.75% | $2,268 |
The top Española VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with
8 VA loans originated. Their average total fees are
$10,722, which is $3,070
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Española VA lenders (with over 10 loans originated) are
.
The lowest rate Española VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Española (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 | $289,000 (16.1%) | $389,279 (-8.8%) | 0.00 | 158 |
2018-02-01 | $274,500 (19.9%) | $396,636 (-3.0%) | 0.00 | 150 |
2018-03-01 | $275,000 (20.9%) | $397,518 (-1.7%) | 0.00 | 147 |
2018-04-01 | $290,000 (19.8%) | $453,392 (11.0%) | 0.00 | 144 |
2018-05-01 | $289,000 (15.8%) | $481,914 (15.0%) | 0.00 | 160 |
2018-06-01 | $299,000 (19.8%) | $501,270 (24.0%) | 0.00 | 172 |
2018-07-01 | $299,900 (16.0%) | $518,994 (31.5%) | 0.00 | 170 |
2018-08-01 | $299,900 (22.4%) | $504,333 (34.6%) | 0.00 | 178 |
2018-09-01 | $299,450 (18.1%) | $493,819 (34.7%) | 0.00 | 192 |
2018-10-01 | $298,450 (11.7%) | $484,906 (28.7%) | 0.00 | 187 |
2018-11-01 | $297,225 (8.1%) | $483,901 (30.5%) | 0.00 | 182 |
2018-12-01 | $297,000 (2.8%) | $486,240 (27.4%) | 0.00 | 179 |
2019-01-01 | $293,750 (1.6%) | $502,253 (29.0%) | 0.00 | 167 |
2019-02-01 | $287,250 (4.6%) | $535,801 (35.1%) | 0.00 | 167 |
2019-03-01 | $279,957 (1.8%) | $545,994 (37.4%) | 0.00 | 163 |
2019-04-01 | $278,675 (-3.9%) | $559,934 (23.5%) | 0.00 | 161 |
2019-05-01 | $284,500 (-1.6%) | $558,373 (15.9%) | 0.00 | 166 |
2019-06-01 | $295,000 (-1.3%) | $568,049 (13.3%) | 0.00 | 175 |
2019-07-01 | $299,900 (0.0%) | $581,585 (12.1%) | 0.00 | 175 |
2019-08-01 | $299,777 (0.0%) | $608,211 (20.6%) | 0.00 | 177 |
2019-09-01 | $299,593 (0.1%) | $639,202 (29.4%) | 0.00 | 176 |
2019-10-01 | $304,745 (2.1%) | $667,298 (37.6%) | 0.00 | 173 |
2019-11-01 | $302,450 (1.8%) | $682,398 (41.0%) | 0.00 | 154 |
2019-12-01 | $292,500 (-1.5%) | $670,139 (37.8%) | 0.00 | 145 |
2020-01-01 | $285,000 (-3.0%) | $625,901 (24.6%) | 0.00 | 133 |
2020-02-01 | $282,500 (-1.7%) | $551,071 (2.9%) | 0.00 | 129 |
2020-03-01 | $279,000 (-0.3%) | $554,213 (1.5%) | 0.00 | 136 |
2020-04-01 | $275,000 (-1.3%) | $524,609 (-6.3%) | 0.00 | 133 |
2020-05-01 | $279,500 (-1.8%) | $542,476 (-2.9%) | 0.00 | 138 |
2020-06-01 | $309,675 (5.0%) | $582,790 (2.6%) | 0.00 | 123 |
2020-07-01 | $298,450 (-0.5%) | $579,211 (-0.4%) | 0.00 | 123 |
2020-08-01 | $350,000 (16.8%) | $648,539 (6.6%) | 0.00 | 120 |
2020-09-01 | $334,250 (11.6%) | $654,270 (2.4%) | 0.00 | 116 |
2020-10-01 | $325,000 (6.7%) | $683,315 (2.4%) | 0.00 | 107 |
2020-11-01 | $316,225 (4.6%) | $716,564 (5.0%) | 0.00 | 100 |
2020-12-01 | $325,000 (11.1%) | $741,457 (10.6%) | 0.00 | 96 |
2021-01-01 | $327,950 (15.1%) | $724,468 (15.8%) | 0.00 | 83 |
2021-02-01 | $344,975 (22.1%) | $789,605 (43.3%) | 0.00 | 73 |
2021-03-01 | $377,500 (35.3%) | $846,629 (52.8%) | 0.00 | 62 |
2021-04-01 | $363,000 (32.0%) | $888,398 (69.3%) | 0.00 | 60 |
2021-05-01 | $365,000 (30.6%) | $879,184 (62.1%) | 0.00 | 60 |
2021-06-01 | $396,250 (28.0%) | $936,529 (60.7%) | 0.00 | 60 |
2021-07-01 | $371,500 (24.5%) | $927,181 (60.1%) | 0.00 | 64 |
2021-08-01 | $463,750 (32.5%) | $1,037,846 (60.0%) | 0.00 | 66 |
2021-09-01 | $482,500 (44.4%) | $947,938 (44.9%) | 0.00 | 71 |
2021-10-01 | $485,000 (49.2%) | $1,232,782 (80.4%) | 0.00 | 73 |
2021-11-01 | $564,999 (78.7%) | $1,363,899 (90.3%) | 0.00 | 61 |
2021-12-01 | $564,750 (73.8%) | $1,338,325 (80.5%) | 0.00 | 56 |
2022-01-01 | $524,500 (59.9%) | $1,473,592 (103.4%) | 0.00 | 48 |
2022-02-01 | $549,000 (59.1%) | $1,416,978 (79.5%) | 0.00 | 49 |
2022-03-01 | $543,500 (44.0%) | $1,456,643 (72.1%) | 0.00 | 48 |
2022-04-01 | $572,000 (57.6%) | $1,850,100 (108.3%) | 0.00 | 45 |
2022-05-01 | $601,000 (64.7%) | $1,555,028 (76.9%) | 0.00 | 56 |
2022-06-01 | $547,450 (38.2%) | $1,298,480 (38.7%) | 0.00 | 65 |
2022-07-01 | $590,000 (58.8%) | $1,159,710 (25.1%) | 0.00 | 67 |
2022-08-01 | $587,500 (26.7%) | $1,123,202 (8.2%) | 0.00 | 72 |
2022-09-01 | $499,500 (3.5%) | $1,064,697 (12.3%) | 0.00 | 71 |
2022-10-01 | $475,000 (-2.1%) | $982,276 (-20.3%) | 0.00 | 80 |
2022-11-01 | $446,000 (-21.1%) | $990,491 (-27.4%) | 0.00 | 79 |
2022-12-01 | $445,000 (-21.2%) | $950,460 (-29.0%) | 0.00 | 79 |
2023-01-01 | $461,163 (-12.1%) | $984,691 (-33.2%) | 0.00 | 72 |
2023-02-01 | $452,000 (-17.7%) | $801,795 (-43.4%) | 0.00 | 65 |
2023-03-01 | $432,000 (-20.5%) | $781,015 (-46.4%) | 0.00 | 63 |
2023-04-01 | $360,000 (-37.1%) | $841,413 (-54.5%) | 0.00 | 52 |
2023-05-01 | $439,500 (-26.9%) | $942,313 (-39.4%) | 0.00 | 62 |
2023-06-01 | $465,500 (-15.0%) | $914,321 (-29.6%) | 0.00 | 70 |
2023-07-01 | $499,500 (-15.3%) | $906,159 (-21.9%) | 0.00 | 70 |
2023-08-01 | $546,000 (-7.1%) | $1,016,842 (-9.5%) | 0.00 | 75 |
2023-09-01 | $517,250 (3.6%) | $919,181 (-13.7%) | 0.00 | 75 |
2023-10-01 | $485,625 (2.2%) | $907,048 (-7.7%) | 0.00 | 69 |
2023-11-01 | $496,000 (11.2%) | $921,549 (-7.0%) | 0.00 | 69 |
2023-12-01 | $499,000 (12.1%) | $868,001 (-8.7%) | 0.00 | 68 |
2024-01-01 | $499,000 (8.2%) | $918,974 (-6.7%) | 0.00 | 57 |
2024-02-01 | $499,450 (10.5%) | $915,991 (14.2%) | 0.00 | 59 |
2024-03-01 | $525,000 (21.5%) | $895,614 (14.7%) | 0.00 | 59 |
2024-04-01 | $514,500 (42.9%) | $916,394 (8.9%) | 0.00 | 59 |
2024-05-01 | $459,725 (4.6%) | $698,596 (-25.9%) | 0.00 | 63 |
2024-06-01 | $449,000 (-3.5%) | $726,918 (-20.5%) | 0.00 | 79 |
2024-07-01 | $469,875 (-5.9%) | $755,513 (-16.6%) | 0.00 | 92 |
2024-08-01 | $492,000 (-9.9%) | $876,873 (-13.8%) | 0.00 | 99 |
2024-09-01 | $499,000 (-3.5%) | $887,038 (-3.5%) | 0.00 | 100 |
2024-10-01 | $497,450 (2.4%) | $930,213 (2.6%) | 0.00 | 102 |
2024-11-01 | $532,500 (7.4%) | $1,097,755 (19.1%) | 0.00 | 96 |
2024-12-01 | $508,750 (2.0%) | $1,163,254 (34.0%) | 0.00 | 90 |
2025-01-01 | $522,375 (4.7%) | $991,928 (7.9%) | 0.00 | 89 |
2025-02-01 | $514,500 (3.0%) | $1,020,847 (11.5%) | 0.00 | 85 |
2025-03-01 | $504,500 (-3.9%) | $1,018,639 (13.7%) | 0.00 | 82 |
Española's median listing price comes in at 0% of the national average.
Española's average listing price for 2025-03-01 was $1,018,639, a difference of $123,025 (13.7%) versus the prior year and $-2,208 versus the prior month.
For the 2025-03-01 period, Española had 82 MLS listings, a difference of -3 listings (-4%) versus the prior month and 23 listings (39%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Española (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,339 sqft |
2018-02-01 | 0 days | 2,334 sqft |
2018-03-01 | 0 days | 2,310 sqft |
2018-04-01 | 0 days | 2,368 sqft |
2018-05-01 | 0 days | 2,400 sqft |
2018-06-01 | 0 days | 2,403 sqft |
2018-07-01 | 0 days | 2,662 sqft |
2018-08-01 | 0 days | 2,452 sqft |
2018-09-01 | 0 days | 2,400 sqft |
2018-10-01 | 0 days | 2,400 sqft |
2018-11-01 | 0 days | 2,397 sqft |
2018-12-01 | 0 days | 2,286 sqft |
2019-01-01 | 0 days | 2,290 sqft |
2019-02-01 | 0 days | 2,326 sqft |
2019-03-01 | 0 days | 2,304 sqft |
2019-04-01 | 0 days | 2,275 sqft |
2019-05-01 | 0 days | 2,324 sqft |
2019-06-01 | 0 days | 2,400 sqft |
2019-07-01 | 0 days | 2,403 sqft |
2019-08-01 | 0 days | 2,404 sqft |
2019-09-01 | 0 days | 2,402 sqft |
2019-10-01 | 0 days | 2,400 sqft |
2019-11-01 | 0 days | 2,320 sqft |
2019-12-01 | 0 days | 2,270 sqft |
2020-01-01 | 0 days | 2,268 sqft |
2020-02-01 | 0 days | 2,265 sqft |
2020-03-01 | 0 days | 2,278 sqft |
2020-04-01 | 0 days | 2,278 sqft |
2020-05-01 | 0 days | 2,265 sqft |
2020-06-01 | 0 days | 2,265 sqft |
2020-07-01 | 0 days | 2,268 sqft |
2020-08-01 | 0 days | 2,334 sqft |
2020-09-01 | 0 days | 2,377 sqft |
2020-10-01 | 0 days | 2,500 sqft |
2020-11-01 | 0 days | 2,420 sqft |
2020-12-01 | 0 days | 2,377 sqft |
2021-01-01 | 0 days | 2,534 sqft |
2021-02-01 | 0 days | 2,537 sqft |
2021-03-01 | 0 days | 2,539 sqft |
2021-04-01 | 0 days | 2,616 sqft |
2021-05-01 | 0 days | 2,241 sqft |
2021-06-01 | 0 days | 2,597 sqft |
2021-07-01 | 0 days | 2,607 sqft |
2021-08-01 | 0 days | 2,750 sqft |
2021-09-01 | 0 days | 2,835 sqft |
2021-10-01 | 0 days | 2,914 sqft |
2021-11-01 | 0 days | 2,931 sqft |
2021-12-01 | 0 days | 3,127 sqft |
2022-01-01 | 0 days | 2,580 sqft |
2022-02-01 | 0 days | 2,588 sqft |
2022-03-01 | 0 days | 2,375 sqft |
2022-04-01 | 0 days | 2,550 sqft |
2022-05-01 | 0 days | 2,656 sqft |
2022-06-01 | 0 days | 2,417 sqft |
2022-07-01 | 0 days | 2,232 sqft |
2022-08-01 | 0 days | 2,208 sqft |
2022-09-01 | 0 days | 2,128 sqft |
2022-10-01 | 0 days | 2,047 sqft |
2022-11-01 | 0 days | 2,000 sqft |
2022-12-01 | 0 days | 2,000 sqft |
2023-01-01 | 0 days | 2,001 sqft |
2023-02-01 | 0 days | 1,943 sqft |
2023-03-01 | 0 days | 1,920 sqft |
2023-04-01 | 0 days | 2,001 sqft |
2023-05-01 | 0 days | 2,119 sqft |
2023-06-01 | 0 days | 2,063 sqft |
2023-07-01 | 0 days | 2,000 sqft |
2023-08-01 | 0 days | 2,022 sqft |
2023-09-01 | 0 days | 2,014 sqft |
2023-10-01 | 0 days | 2,000 sqft |
2023-11-01 | 0 days | 2,004 sqft |
2023-12-01 | 0 days | 2,073 sqft |
2024-01-01 | 0 days | 2,169 sqft |
2024-02-01 | 0 days | 2,496 sqft |
2024-03-01 | 0 days | 2,228 sqft |
2024-04-01 | 0 days | 2,225 sqft |
2024-05-01 | 0 days | 1,960 sqft |
2024-06-01 | 0 days | 1,947 sqft |
2024-07-01 | 0 days | 2,079 sqft |
2024-08-01 | 0 days | 2,050 sqft |
2024-09-01 | 0 days | 2,104 sqft |
2024-10-01 | 0 days | 2,109 sqft |
2024-11-01 | 0 days | 2,300 sqft |
2024-12-01 | 0 days | 2,280 sqft |
2025-01-01 | 0 days | 2,272 sqft |
2025-02-01 | 0 days | 2,254 sqft |
2025-03-01 | 0 days | 2,273 sqft |
Española's median square footage for active listings during the 2025-03-01 period was 2,273 sqft. One year prior, the average listing was 2,228 sqft.