Eugene VA Loan Rates, Closing Costs & Stats

EUGENE-SPRINGFIELD, OR

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    • 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.

    Eugene's 80 lenders originated 465 VA loans during 2024. The total origination value was $197,895,000, with an average VA loan value of $425,581.

    Eugene VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Eugene averaged 6.4% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Eugene's average VA mortgage closing costs are $7,136.

    The average rate for the prior week (2025-03-28) was 6.72% and one month ago for the week of 2025-02-28, the average rate was 6.3%.

    The average rate one year ago was 6.7%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.54%.

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

    Eugene 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 Eugene level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 75 5.90% $10,014
    Mortgage Research Center, LLC 49 6.20% $7,599
    FREEDOM MORTGAGE CORPORATION 26 6.01% $12,166
    SUMMIT FUNDING, INC. 26 6.18% $12,753
    CMG MORTGAGE, INC. 23 6.02% $11,431
    QUICKEN LOANS, LLC 22 5.92% $14,282
    DHI MORTGAGE COMPANY, LTD. 15 5.22% $7,499
    Century Mortgage Company DBA Century Lending Company 14 5.98% $9,935
    DIRECTORS MORTGAGE, INC. 10 6.01% $20,472
    NEWREZ LLC 9 6.29% $8,633
    GUILD MORTGAGE COMPANY 9 6.58% $16,633
    VILLAGE CAPITAL MORTGAGE 8 5.65% $7,371
    CROSSCOUNTRY MORTGAGE, LLC 8 6.22% $10,612
    USAA Federal Savings Bank 6 5.79% $7,687
    NAVY FEDERAL CREDIT UNION 6 5.69% $9,264
    The Federal Savings Bank 6 5.96% $23,076
    AMERICAN PACIFIC MORTGAGE CORPORATION 6 6.77% $14,485
    PENNYMAC LOAN SERVICES, LLC 6 5.42% $13,753
    NATIONS DIRECT MORTGAGE, LLC 5 6.05% $7,189
    Magnolia Bank 5 5.65% $16,035
    LOANDEPOT.COM, LLC 5 5.77% $7,466
    ENVOY MORTGAGE, LTD 5 5.90% $9,406
    NBKC BANK 5 5.73% $3,921
    Banner Bank 4 5.63% $14,475
    Carrington Mortgage Services, LLC 4 6.00% $9,773
    V.I.P. MORTGAGE, INC. 4 5.88% $12,733
    EAGLE HOME MORTGAGE, LLC 4 5.78% $3,296
    U.S. Bank 3 6.21% $6,309
    SUN WEST MORTGAGE COMPANY, INC. 3 6.00% $7,463
    S1L, Inc. 3 6.04% $14,320
    Umpqua Bank 3 6.58% $7,696
    MORTGAGE EXPRESS, LLC 3 5.83% $23,322
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.41% $2,467
    First Federal Bank 3 5.54% $3,453
    PLANET HOME LENDING, LLC 2 5.56% $4,701
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.50% $10,302
    BAY EQUITY LLC 2 5.94% $5,181
    GUARANTEED RATE, INC. 2 6.13% $8,202
    LAKEVIEW LOAN SERVICING, LLC 2 5.63% $3,527
    MASON MCDUFFIE MORTGAGE CORPORATION 2 5.69% $21,278
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.25% $5,908
    NEW DAY FINANCIAL, LLC 2 7.06% $8,852
    NOVA FINANCIAL & INVESTMENT CORPORATION 2 6.44% $9,511
    OnPoint Community Credit Union 2 6.38% $6,148
    Paramount Residential Mortgage Group, Inc. 2 5.75% $4,713
    PLAZA HOME MORTGAGE, INC. 2 6.19% $23,906
    Nations Lending Corporation 1 6.25% $8,270
    HOMESIDE FINANCIAL, LLC 1 6.63% $26,547
    Flagstar Bank, FSB 1 5.38% $21,509
    AMERISAVE MORTGAGE CORPORATION 1 4.88% $30,014
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.63% $725
    VERITAS FUNDING, LLC 1 6.25% $28,263
    American Mortgage & Equity Consultants, Inc. 1 6.75% $10,692
    PANORAMA MORTGAGE GROUP, LLC 1 6.25% $11,785
    AMERICAN FINANCIAL NETWORK, INC. 1 5.75% $2,180
    EVERETT FINANCIAL, INC. 1 6.00% $22,232
    PENTAGON FEDERAL CREDIT UNION 1 5.13% $8,228
    PHH Mortgage Corporation 1 5.99% $2,345
    Plains Commerce Bank 1 6.75% $17,739
    Academy Bank 1 6.25% $6,451
    Wells Fargo Bank 1 6.75% $6,731
    PREMIA MORTGAGE, LLC 1 5.99% $6,694
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.25% $11,470
    CORNERSTONE HOME LENDING, INC. 1 6.25% $9,831
    Citizens Bank 1 4.88% $12,468
    CASTLE & COOKE MORTGAGE, LLC 1 6.13% $13,873
    SUMMIT MORTGAGE CORPORATION 1 5.75% $9,337
    Sunflower Bank 1 6.63% $17,778
    BROKER SOLUTIONS, INC. 1 6.13% $20,384
    BELEM SERVICING LLC 1 5.38% $13,917
    The Loan Store, Inc. 1 6.13% $8,148
    TWINSTAR 1 7.00% $2,464
    Barrington Bank & Trust Company, N.A. 1 5.75% $6,524
    Bank of the Pacific 1 5.25% $4,153
    LPMC, LLC 1 5.99% $20,906
    JPMorgan Chase Bank 1 5.88% $0
    Armed Forces Bank 1 5.75% $10,259
    MOVEMENT MORTGAGE, LLC 1 7.13% $8,000
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $5,788
    Ixonia Bank 1 5.99% $22,678

    The top Eugene VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 75 VA loans originated. Their average total fees are $10,014, which is $2,415 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Eugene VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($7,499), Mortgage Research Center, LLC ($7,599), Century Mortgage Company DBA Century Lending Company ($9,935), UNITED WHOLESALE MORTGAGE, LLC ($10,014) and CMG MORTGAGE, INC. ($11,431).

    The lowest rate Eugene VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.22%), UNITED WHOLESALE MORTGAGE, LLC (5.90%), QUICKEN LOANS, LLC (5.92%), Century Mortgage Company DBA Century Lending Company (5.98%) and FREEDOM MORTGAGE CORPORATION (6.01%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Eugene (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 $343,248 (5.6%) $424,259 (1.7%) 1.27 657
    2018-02-01 $372,450 (8.2%) $464,865 (6.4%) 1.35 598
    2018-03-01 $394,950 (13.2%) $476,747 (8.2%) 1.39 599
    2018-04-01 $399,995 (14.3%) $489,077 (9.9%) 1.36 654
    2018-05-01 $407,498 (11.0%) $498,672 (11.1%) 1.36 697
    2018-06-01 $385,000 (7.1%) $472,030 (7.6%) 1.28 872
    2018-07-01 $389,375 (11.3%) $481,076 (11.5%) 1.30 915
    2018-08-01 $371,200 (7.6%) $470,755 (12.2%) 1.24 1,036
    2018-09-01 $369,000 (10.2%) $467,745 (13.8%) 1.24 1,012
    2018-10-01 $368,625 (8.5%) $465,156 (11.7%) 1.25 952
    2018-11-01 $361,450 (3.3%) $461,338 (7.7%) 1.23 908
    2018-12-01 $365,000 (7.4%) $470,922 (10.1%) 1.26 784
    2019-01-01 $366,950 (6.9%) $475,780 (12.1%) 1.27 654
    2019-02-01 $382,350 (2.7%) $478,407 (2.9%) 1.29 625
    2019-03-01 $385,643 (-2.4%) $474,513 (-0.5%) 1.26 603
    2019-04-01 $379,450 (-5.1%) $454,309 (-7.1%) 1.20 623
    2019-05-01 $383,620 (-5.9%) $456,465 (-8.5%) 1.20 704
    2019-06-01 $385,000 (0.0%) $463,953 (-1.7%) 1.20 793
    2019-07-01 $398,950 (2.5%) $473,853 (-1.5%) 1.25 799
    2019-08-01 $395,455 (6.5%) $469,577 (-0.3%) 1.25 796
    2019-09-01 $392,386 (6.3%) $466,944 (-0.2%) 1.26 800
    2019-10-01 $390,248 (5.9%) $463,136 (-0.4%) 1.26 790
    2019-11-01 $397,000 (9.8%) $469,424 (1.8%) 1.30 670
    2019-12-01 $399,000 (9.3%) $469,106 (-0.4%) 1.33 530
    2020-01-01 $399,000 (8.7%) $471,745 (-0.9%) 1.33 493
    2020-02-01 $399,450 (4.5%) $478,021 (-0.1%) 1.31 458
    2020-03-01 $403,725 (4.7%) $480,505 (1.3%) 1.27 510
    2020-04-01 $399,500 (5.3%) $468,482 (3.1%) 1.25 641
    2020-05-01 $419,000 (9.2%) $477,853 (4.7%) 1.27 635
    2020-06-01 $434,350 (12.8%) $493,556 (6.4%) 1.28 581
    2020-07-01 $422,000 (5.8%) $493,513 (4.2%) 1.22 519
    2020-08-01 $425,000 (7.5%) $501,757 (6.9%) 1.22 488
    2020-09-01 $434,350 (10.7%) $510,294 (9.3%) 1.24 480
    2020-10-01 $424,250 (8.7%) $513,229 (10.8%) 1.22 448
    2020-11-01 $410,000 (3.3%) $513,655 (9.4%) 1.20 371
    2020-12-01 $420,000 (5.3%) $537,269 (14.5%) 1.25 321
    2021-01-01 $425,000 (6.5%) $541,681 (14.8%) 1.27 263
    2021-02-01 $414,988 (3.9%) $526,335 (10.1%) 1.21 250
    2021-03-01 $434,719 (7.7%) $547,781 (14.0%) 1.23 244
    2021-04-01 $434,500 (8.8%) $559,384 (19.4%) 1.18 260
    2021-05-01 $449,950 (7.4%) $567,339 (18.7%) 1.20 306
    2021-06-01 $450,000 (3.6%) $589,166 (19.4%) 1.18 344
    2021-07-01 $449,900 (6.6%) $580,074 (17.5%) 1.19 396
    2021-08-01 $461,975 (8.7%) $603,840 (20.4%) 1.23 452
    2021-09-01 $454,673 (4.7%) $604,833 (18.5%) 1.21 423
    2021-10-01 $456,230 (7.5%) $605,193 (17.9%) 1.22 398
    2021-11-01 $467,450 (14.0%) $626,640 (22.0%) 1.25 340
    2021-12-01 $461,250 (9.8%) $616,898 (14.8%) 1.25 263
    2022-01-01 $468,750 (10.3%) $625,983 (15.6%) 1.27 233
    2022-02-01 $469,950 (13.2%) $648,400 (23.2%) 1.22 230
    2022-03-01 $467,450 (7.5%) $611,534 (11.6%) 1.17 245
    2022-04-01 $485,000 (11.6%) $611,522 (9.3%) 1.16 258
    2022-05-01 $492,725 (9.5%) $621,080 (9.5%) 1.13 361
    2022-06-01 $505,000 (12.2%) $610,638 (3.6%) 1.12 436
    2022-07-01 $514,950 (14.5%) $619,614 (6.8%) 1.16 581
    2022-08-01 $508,198 (10.0%) $617,211 (2.2%) 1.17 573
    2022-09-01 $500,965 (10.2%) $631,360 (4.4%) 1.17 524
    2022-10-01 $510,000 (11.8%) $638,794 (5.6%) 1.20 536
    2022-11-01 $499,950 (7.0%) $628,990 (0.4%) 1.20 516
    2022-12-01 $500,000 (8.4%) $626,399 (1.5%) 1.23 439
    2023-01-01 $518,063 (10.5%) $633,234 (1.2%) 1.28 406
    2023-02-01 $511,200 (8.8%) $626,042 (-3.5%) 1.23 367
    2023-03-01 $515,425 (10.3%) $627,285 (2.6%) 1.22 397
    2023-04-01 $524,950 (8.2%) $625,437 (2.3%) 1.22 426
    2023-05-01 $532,000 (8.0%) $633,129 (1.9%) 1.21 467
    2023-06-01 $537,475 (6.4%) $645,417 (5.7%) 1.21 554
    2023-07-01 $535,000 (3.9%) $657,883 (6.2%) 1.22 646
    2023-08-01 $525,000 (3.3%) $650,321 (5.4%) 1.21 721
    2023-09-01 $535,000 (6.8%) $647,388 (2.5%) 1.25 769
    2023-10-01 $529,475 (3.8%) $653,311 (2.3%) 1.25 745
    2023-11-01 $522,447 (4.5%) $649,023 (3.2%) 1.24 696
    2023-12-01 $522,450 (4.5%) $656,759 (4.9%) 1.27 644
    2024-01-01 $527,000 (1.7%) $666,661 (5.3%) 1.29 549
    2024-02-01 $521,236 (2.0%) $663,837 (6.0%) 1.25 498
    2024-03-01 $525,000 (1.9%) $663,301 (5.7%) 1.24 534
    2024-04-01 $534,500 (1.8%) $665,599 (6.4%) 1.24 607
    2024-05-01 $549,000 (3.2%) $682,267 (7.8%) 1.25 675
    2024-06-01 $539,900 (0.5%) $669,678 (3.8%) 1.23 767
    2024-07-01 $547,124 (2.3%) $672,724 (2.3%) 1.25 835
    2024-08-01 $546,798 (4.2%) $665,338 (2.3%) 1.27 896
    2024-09-01 $549,450 (2.7%) $670,206 (3.5%) 1.29 928
    2024-10-01 $540,700 (2.1%) $670,994 (2.7%) 1.27 907
    2024-11-01 $525,000 (0.5%) $650,680 (0.3%) 1.26 858
    2024-12-01 $524,925 (0.5%) $644,925 (-1.8%) 1.30 742
    2025-01-01 $523,675 (-0.6%) $644,891 (-3.3%) 1.31 654
    2025-02-01 $529,725 (1.6%) $665,835 (0.3%) 1.29 646
    2025-03-01 $529,950 (0.9%) $666,722 (0.5%) 0.00 676
    Eugene's median listing price for 2025-03-01 was $529,950, a difference of $4,950 (0.9%) versus the prior year and $225 versus the prior month.

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

    Eugene's average listing price for 2025-03-01 was $666,722, a difference of $3,421 (0.5%) versus the prior year and $887 versus the prior month.

    For the 2025-03-01 period, Eugene had 676 MLS listings, a difference of 30 listings (5%) versus the prior month and 142 listings (27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Eugene (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 76 days 1,907 sqft
    2018-02-01 59 days 1,965 sqft
    2018-03-01 44 days 2,000 sqft
    2018-04-01 38 days 2,045 sqft
    2018-05-01 36 days 2,058 sqft
    2018-06-01 32 days 1,951 sqft
    2018-07-01 38 days 1,939 sqft
    2018-08-01 39 days 1,929 sqft
    2018-09-01 46 days 1,912 sqft
    2018-10-01 55 days 1,902 sqft
    2018-11-01 55 days 1,858 sqft
    2018-12-01 59 days 1,851 sqft
    2019-01-01 68 days 1,847 sqft
    2019-02-01 62 days 1,886 sqft
    2019-03-01 49 days 1,879 sqft
    2019-04-01 37 days 1,842 sqft
    2019-05-01 28 days 1,877 sqft
    2019-06-01 32 days 1,876 sqft
    2019-07-01 37 days 1,960 sqft
    2019-08-01 40 days 1,944 sqft
    2019-09-01 46 days 1,938 sqft
    2019-10-01 50 days 1,935 sqft
    2019-11-01 64 days 1,957 sqft
    2019-12-01 76 days 1,929 sqft
    2020-01-01 75 days 1,927 sqft
    2020-02-01 51 days 1,949 sqft
    2020-03-01 44 days 1,925 sqft
    2020-04-01 41 days 1,866 sqft
    2020-05-01 59 days 1,916 sqft
    2020-06-01 60 days 1,952 sqft
    2020-07-01 48 days 1,934 sqft
    2020-08-01 46 days 1,935 sqft
    2020-09-01 44 days 1,844 sqft
    2020-10-01 49 days 1,810 sqft
    2020-11-01 69 days 1,707 sqft
    2020-12-01 78 days 1,702 sqft
    2021-01-01 61 days 1,638 sqft
    2021-02-01 48 days 1,564 sqft
    2021-03-01 41 days 1,626 sqft
    2021-04-01 33 days 1,618 sqft
    2021-05-01 26 days 1,689 sqft
    2021-06-01 27 days 1,732 sqft
    2021-07-01 31 days 1,710 sqft
    2021-08-01 35 days 1,707 sqft
    2021-09-01 42 days 1,761 sqft
    2021-10-01 54 days 1,726 sqft
    2021-11-01 55 days 1,739 sqft
    2021-12-01 49 days 1,671 sqft
    2022-01-01 64 days 1,688 sqft
    2022-02-01 31 days 1,707 sqft
    2022-03-01 29 days 1,649 sqft
    2022-04-01 29 days 1,686 sqft
    2022-05-01 23 days 1,709 sqft
    2022-06-01 26 days 1,738 sqft
    2022-07-01 29 days 1,789 sqft
    2022-08-01 35 days 1,815 sqft
    2022-09-01 44 days 1,796 sqft
    2022-10-01 43 days 1,816 sqft
    2022-11-01 46 days 1,840 sqft
    2022-12-01 60 days 1,812 sqft
    2023-01-01 69 days 1,815 sqft
    2023-02-01 56 days 1,759 sqft
    2023-03-01 38 days 1,799 sqft
    2023-04-01 40 days 1,786 sqft
    2023-05-01 40 days 1,817 sqft
    2023-06-01 36 days 1,823 sqft
    2023-07-01 38 days 1,814 sqft
    2023-08-01 40 days 1,844 sqft
    2023-09-01 44 days 1,842 sqft
    2023-10-01 52 days 1,823 sqft
    2023-11-01 56 days 1,801 sqft
    2023-12-01 64 days 1,802 sqft
    2024-01-01 73 days 1,817 sqft
    2024-02-01 73 days 1,794 sqft
    2024-03-01 44 days 1,755 sqft
    2024-04-01 44 days 1,785 sqft
    2024-05-01 42 days 1,829 sqft
    2024-06-01 44 days 1,825 sqft
    2024-07-01 46 days 1,839 sqft
    2024-08-01 47 days 1,846 sqft
    2024-09-01 53 days 1,869 sqft
    2024-10-01 58 days 1,858 sqft
    2024-11-01 66 days 1,795 sqft
    2024-12-01 77 days 1,762 sqft
    2025-01-01 82 days 1,762 sqft
    2025-02-01 72 days 1,773 sqft
    2025-03-01 0 days 1,795 sqft
    Eugene's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Eugene's median square footage for active listings during the 2025-03-01 period was 1,795 sqft. One year prior, the average listing was 1,755 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.