Flint VA Loan Rates, Closing Costs & Stats

FLINT, MI

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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.

    Flint's 73 lenders originated 340 VA loans during 2023. The total origination value was $79,900,000, with an average VA loan value of $235,000.

    Flint VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Flint averaged 6.6% for the week of 2025-03-14, compared to the national average (all VA variants) of 6.169% for the same period.

    Flint's average VA mortgage closing costs are $4,874.

    The average rate for the prior week (2025-03-07) was 6.65% and one month ago for the week of 2025-02-07, the average rate was 6.49%.

    The average rate one year ago was 6.59%.

    For refis of the same type during the week of 2025-03-14, the average rate was 6.64%.

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

    Flint 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 Flint level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 68 6.82% $4,985
    QUICKEN LOANS, LLC 31 6.11% $7,862
    UNITED WHOLESALE MORTGAGE, LLC 27 6.59% $8,802
    J. VIRGIL, INC. 16 6.80% $6,572
    NEW DAY FINANCIAL, LLC 12 7.57% $10,710
    Preston Home Loans Inc 11 6.59% $8,710
    NEWREZ LLC 8 6.80% $6,837
    PENNYMAC LOAN SERVICES, LLC 7 5.82% $3,819
    NAVY FEDERAL CREDIT UNION 7 5.79% $2,775
    The Huntington National Bank 6 6.58% $4,999
    CALIBER HOME LOANS, INC. 6 6.56% $7,781
    MORTGAGE 1 INCORPORATED 6 6.31% $5,841
    DAS Acquisition Company, LLC 5 6.93% $6,760
    SUCCESS MORTGAGE PARTNERS, INC. 5 6.70% $10,023
    FREEDOM MORTGAGE CORPORATION 5 6.50% $13,380
    TOWNE MORTGAGE COMPANY 5 6.57% $9,004
    INSPIRE HOME LOANS INC. 4 5.63% $2,997
    LOANDEPOT.COM, LLC 4 5.87% $17,637
    Mr. Cooper ( Nationstar Mortgage ) 4 5.75% $10,219
    ROSS MORTGAGE CORPORATION 4 6.66% $3,763
    The Federal Savings Bank 3 6.58% $11,735
    Flagstar Bank, FSB 3 6.92% $4,946
    First State Bank 3 6.96% $5,168
    AMERICAN FINANCIAL RESOURCES, INC. 3 7.42% $10,870
    MUTUAL OF OMAHA MORTGAGE, INC. 3 6.33% $10,756
    AMERISAVE MORTGAGE CORPORATION 3 6.25% $12,560
    PLAZA HOME MORTGAGE, INC. 3 7.00% $7,259
    JPMorgan Chase Bank 3 6.38% $877
    NATIONWIDE MORTGAGE BANKERS, INC. 2 6.88% $8,593
    NBKC BANK 2 6.00% $4,762
    PENTAGON FEDERAL CREDIT UNION 2 6.63% $3,670
    CROSSCOUNTRY MORTGAGE, LLC 2 6.00% $4,174
    GUARANTEED RATE, INC. 2 6.39% $8,774
    Barrington Bank & Trust Company, N.A. 2 6.00% $3,507
    STAUNTON FINANCIAL, INC. 2 6.88% $7,583
    Sunflower Bank 2 7.44% $5,467
    BROKER SOLUTIONS, INC. 2 6.75% $10,737
    USAA Federal Savings Bank 2 6.19% $6,948
    ACADEMY MORTGAGE CORPORATION 2 6.88% $10,488
    FIRST COMMUNITY MORTGAGE, INC. 2 6.94% $5,755
    MEMBER FIRST MORTGAGE, LLC 2 6.56% $7,054
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.13% $4,069
    VILLAGE CAPITAL MORTGAGE 1 5.25% $11,422
    BM Real Estate Services, Inc. 1 6.50% $3,003
    CARDINAL FINANCIAL 1 6.75% $5,498
    Citizens Bank 1 7.63% $4,154
    ELGA CREDIT UNION 1 7.63% $5,257
    Equity Prime Mortgage LLC 1 6.75% $66
    EQUITY RESOURCES, INC. 1 6.75% $7,692
    EVERETT FINANCIAL, INC. 1 6.63% $10,804
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $816
    First Merchants Bank 1 7.25% $3,718
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.13% $14,332
    GUARANTEED RATE AFFINITY, LLC 1 7.50% $2,994
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.13% $9,644
    HomePromise Corporation 1 8.13% $2,659
    Independent Bank 1 6.00% $8,453
    LAKE MICHIGAN CREDIT UNION 1 6.63% $0
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $7,601
    Magnolia Bank 1 5.99% $22,273
    MICHIGAN MUTUAL, INC. 1 7.13% $4,689
    Paramount Residential Mortgage Group, Inc. 1 6.75% $6,490
    Plains Commerce Bank 1 7.25% $3,306
    PLANET HOME LENDING, LLC 1 5.75% $15,637
    Platinum Home Mortgage Corporation 1 6.75% $8,119
    Prosperity Home Mortgage, LLC 1 6.63% $5,128
    ROYAL UNITED MORTGAGE LLC 1 7.25% $7,310
    SeaTrust Mortgage Company 1 6.75% $19,674
    UNION HOME MORTGAGE CORP. 1 7.75% $6,727
    University Bank 1 6.63% $2,859
    U.S. Bank 1 6.50% $6,667
    US MORTGAGE CORPORATION 1 7.25% $6,680
    VAN DYK MORTGAGE CORPORATION 1 6.88% $3,213

    The top Flint VA lender as defined by loan originations is Mortgage Research Center, LLC, with 68 VA loans originated. Their average total fees are $4,985, which is $2,877 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Flint VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,985), J. VIRGIL, INC. ($6,572), QUICKEN LOANS, LLC ($7,862), Preston Home Loans Inc ($8,710) and UNITED WHOLESALE MORTGAGE, LLC ($8,802).

    The lowest rate Flint VA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.11%), UNITED WHOLESALE MORTGAGE, LLC (6.59%), Preston Home Loans Inc (6.59%), J. VIRGIL, INC. (6.80%) and Mortgage Research Center, LLC (6.82%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Flint (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 $139,900 (16.7%) $190,980 (15.3%) 0.52 1,038
    2018-02-01 $148,700 (19.1%) $196,393 (16.1%) 0.54 972
    2018-03-01 $154,950 (24.0%) $203,516 (15.5%) 0.54 947
    2018-04-01 $167,450 (28.9%) $214,496 (15.4%) 0.57 957
    2018-05-01 $169,400 (21.1%) $217,028 (12.7%) 0.57 1,062
    2018-06-01 $169,400 (14.7%) $213,100 (8.5%) 0.56 1,124
    2018-07-01 $169,450 (13.0%) $210,973 (7.8%) 0.57 1,191
    2018-08-01 $165,500 (10.4%) $208,614 (7.5%) 0.55 1,346
    2018-09-01 $162,500 (8.4%) $206,408 (6.7%) 0.55 1,420
    2018-10-01 $159,000 (1.7%) $201,037 (1.4%) 0.54 1,415
    2018-11-01 $151,450 (1.0%) $195,462 (0.1%) 0.51 1,395
    2018-12-01 $144,900 (3.6%) $189,331 (-0.1%) 0.50 1,327
    2019-01-01 $144,400 (3.2%) $188,563 (-1.3%) 0.50 1,211
    2019-02-01 $148,150 (-0.4%) $191,966 (-2.3%) 0.50 1,108
    2019-03-01 $156,371 (0.9%) $202,158 (-0.7%) 0.51 1,060
    2019-04-01 $165,000 (-1.5%) $216,039 (0.7%) 0.52 1,020
    2019-05-01 $179,900 (6.2%) $227,924 (5.0%) 0.56 1,046
    2019-06-01 $179,900 (6.2%) $226,126 (6.1%) 0.56 1,187
    2019-07-01 $182,400 (7.6%) $228,361 (8.2%) 0.57 1,253
    2019-08-01 $180,809 (9.3%) $222,868 (6.8%) 0.57 1,292
    2019-09-01 $174,673 (7.5%) $213,651 (3.5%) 0.56 1,357
    2019-10-01 $169,450 (6.6%) $206,148 (2.5%) 0.55 1,404
    2019-11-01 $169,695 (12.1%) $210,201 (7.5%) 0.56 1,296
    2019-12-01 $165,245 (14.0%) $211,969 (12.0%) 0.55 1,197
    2020-01-01 $165,700 (14.8%) $214,832 (13.9%) 0.55 1,085
    2020-02-01 $168,950 (14.0%) $216,158 (12.6%) 0.55 1,005
    2020-03-01 $179,900 (15.1%) $225,460 (11.5%) 0.56 945
    2020-04-01 $182,240 (10.5%) $225,979 (4.6%) 0.57 876
    2020-05-01 $189,850 (5.5%) $233,125 (2.3%) 0.58 870
    2020-06-01 $197,375 (9.7%) $250,995 (11.0%) 0.58 762
    2020-07-01 $199,900 (9.6%) $261,541 (14.5%) 0.58 689
    2020-08-01 $209,900 (16.1%) $274,751 (23.3%) 0.60 667
    2020-09-01 $204,975 (17.4%) $268,386 (25.6%) 0.59 650
    2020-10-01 $199,900 (18.0%) $260,928 (26.6%) 0.57 626
    2020-11-01 $199,900 (17.8%) $262,430 (24.9%) 0.58 570
    2020-12-01 $189,950 (15.0%) $260,205 (22.8%) 0.56 526
    2021-01-01 $179,990 (8.6%) $258,324 (20.3%) 0.54 469
    2021-02-01 $175,000 (3.6%) $271,362 (25.5%) 0.51 405
    2021-03-01 $179,900 (0.0%) $261,576 (16.0%) 0.51 426
    2021-04-01 $179,900 (-1.3%) $260,140 (15.1%) 0.49 465
    2021-05-01 $185,000 (-2.6%) $255,205 (9.5%) 0.49 506
    2021-06-01 $192,500 (-2.5%) $257,043 (2.4%) 0.51 591
    2021-07-01 $199,900 (0.0%) $269,783 (3.2%) 0.53 651
    2021-08-01 $209,925 (0.0%) $264,262 (-3.8%) 0.56 735
    2021-09-01 $189,800 (-7.4%) $248,279 (-7.5%) 0.51 765
    2021-10-01 $189,900 (-5.0%) $252,047 (-3.4%) 0.51 789
    2021-11-01 $176,450 (-11.7%) $245,392 (-6.5%) 0.47 734
    2021-12-01 $174,900 (-7.9%) $244,484 (-6.0%) 0.47 656
    2022-01-01 $172,400 (-4.2%) $241,668 (-6.5%) 0.47 598
    2022-02-01 $175,950 (0.5%) $258,750 (-4.7%) 0.46 539
    2022-03-01 $199,950 (11.2%) $262,465 (0.3%) 0.50 553
    2022-04-01 $214,950 (19.5%) $267,178 (2.7%) 0.51 575
    2022-05-01 $219,900 (18.9%) $276,155 (8.2%) 0.50 645
    2022-06-01 $234,975 (22.1%) $287,652 (11.9%) 0.52 726
    2022-07-01 $220,000 (10.1%) $275,275 (2.0%) 0.50 959
    2022-08-01 $219,900 (4.8%) $266,990 (1.0%) 0.51 1,025
    2022-09-01 $214,900 (13.2%) $266,044 (7.2%) 0.50 1,007
    2022-10-01 $209,900 (10.5%) $259,385 (2.9%) 0.49 1,046
    2022-11-01 $198,475 (12.5%) $251,224 (2.4%) 0.48 1,049
    2022-12-01 $185,000 (5.8%) $244,001 (-0.2%) 0.46 947
    2023-01-01 $181,950 (5.5%) $247,261 (2.3%) 0.45 821
    2023-02-01 $189,338 (7.6%) $257,628 (-0.4%) 0.46 746
    2023-03-01 $181,975 (-9.0%) $253,016 (-3.6%) 0.43 662
    2023-04-01 $184,250 (-14.3%) $258,197 (-3.4%) 0.43 614
    2023-05-01 $184,675 (-16.0%) $258,683 (-6.3%) 0.42 637
    2023-06-01 $179,450 (-23.6%) $261,576 (-9.1%) 0.40 649
    2023-07-01 $206,200 (-6.3%) $268,414 (-2.5%) 0.47 654
    2023-08-01 $209,925 (-4.5%) $260,099 (-2.6%) 0.48 742
    2023-09-01 $199,900 (-7.0%) $254,818 (-4.2%) 0.47 794
    2023-10-01 $192,000 (-8.5%) $252,667 (-2.6%) 0.45 829
    2023-11-01 $199,900 (0.7%) $254,377 (1.3%) 0.48 827
    2023-12-01 $198,900 (7.5%) $249,611 (2.3%) 0.49 804
    2024-01-01 $192,425 (5.8%) $251,190 (1.6%) 0.47 711
    2024-02-01 $194,900 (2.9%) $255,432 (-0.9%) 0.47 648
    2024-03-01 $189,997 (4.4%) $253,860 (0.3%) 0.45 635
    2024-04-01 $202,500 (9.9%) $258,529 (0.1%) 0.47 645
    2024-05-01 $199,950 (8.3%) $264,769 (2.4%) 0.45 716
    2024-06-01 $199,900 (11.4%) $256,941 (-1.8%) 0.45 801
    2024-07-01 $199,500 (-3.3%) $259,088 (-3.5%) 0.46 851
    2024-08-01 $200,000 (-4.7%) $254,484 (-2.2%) 0.47 897
    2024-09-01 $192,425 (-3.7%) $237,906 (-6.6%) 0.45 928
    2024-10-01 $184,950 (-3.7%) $228,770 (-9.5%) 0.44 962
    2024-11-01 $174,900 (-12.5%) $224,443 (-11.8%) 0.42 1,040
    2024-12-01 $159,900 (-19.6%) $222,615 (-10.8%) 0.40 983
    2025-01-01 $157,198 (-18.3%) $217,411 (-13.5%) 0.39 880
    2025-02-01 $149,400 (-23.4%) $210,170 (-17.7%) 0.36 815
    Flint's median listing price for 2025-02-01 was $149,400, a difference of $-45,500 (-23.4%) versus the prior year and $-7,798 versus the prior month.

    Flint's median listing price comes in at 36% of the national average.

    Flint's average listing price for 2025-02-01 was $210,170, a difference of $-45,262 (-17.7%) versus the prior year and $-7,241 versus the prior month.

    For the 2025-02-01 period, Flint had 815 MLS listings, a difference of -65 listings (-7%) versus the prior month and 167 listings (26%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Flint (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 74 days 1,511 sqft
    2018-02-01 67 days 1,551 sqft
    2018-03-01 60 days 1,566 sqft
    2018-04-01 48 days 1,614 sqft
    2018-05-01 39 days 1,624 sqft
    2018-06-01 38 days 1,601 sqft
    2018-07-01 43 days 1,608 sqft
    2018-08-01 40 days 1,606 sqft
    2018-09-01 47 days 1,600 sqft
    2018-10-01 51 days 1,586 sqft
    2018-11-01 55 days 1,550 sqft
    2018-12-01 63 days 1,501 sqft
    2019-01-01 73 days 1,499 sqft
    2019-02-01 69 days 1,500 sqft
    2019-03-01 56 days 1,540 sqft
    2019-04-01 46 days 1,576 sqft
    2019-05-01 43 days 1,601 sqft
    2019-06-01 38 days 1,614 sqft
    2019-07-01 43 days 1,627 sqft
    2019-08-01 46 days 1,613 sqft
    2019-09-01 49 days 1,593 sqft
    2019-10-01 51 days 1,569 sqft
    2019-11-01 59 days 1,561 sqft
    2019-12-01 67 days 1,579 sqft
    2020-01-01 79 days 1,599 sqft
    2020-02-01 72 days 1,600 sqft
    2020-03-01 53 days 1,621 sqft
    2020-04-01 67 days 1,623 sqft
    2020-05-01 72 days 1,618 sqft
    2020-06-01 40 days 1,676 sqft
    2020-07-01 39 days 1,708 sqft
    2020-08-01 33 days 1,766 sqft
    2020-09-01 32 days 1,700 sqft
    2020-10-01 31 days 1,691 sqft
    2020-11-01 39 days 1,692 sqft
    2020-12-01 45 days 1,603 sqft
    2021-01-01 41 days 1,521 sqft
    2021-02-01 34 days 1,457 sqft
    2021-03-01 30 days 1,465 sqft
    2021-04-01 25 days 1,462 sqft
    2021-05-01 26 days 1,481 sqft
    2021-06-01 26 days 1,500 sqft
    2021-07-01 25 days 1,576 sqft
    2021-08-01 29 days 1,494 sqft
    2021-09-01 33 days 1,448 sqft
    2021-10-01 36 days 1,478 sqft
    2021-11-01 45 days 1,419 sqft
    2021-12-01 51 days 1,422 sqft
    2022-01-01 52 days 1,418 sqft
    2022-02-01 41 days 1,434 sqft
    2022-03-01 29 days 1,451 sqft
    2022-04-01 32 days 1,451 sqft
    2022-05-01 31 days 1,495 sqft
    2022-06-01 31 days 1,537 sqft
    2022-07-01 29 days 1,536 sqft
    2022-08-01 39 days 1,546 sqft
    2022-09-01 46 days 1,544 sqft
    2022-10-01 45 days 1,516 sqft
    2022-11-01 48 days 1,469 sqft
    2022-12-01 59 days 1,420 sqft
    2023-01-01 68 days 1,400 sqft
    2023-02-01 65 days 1,428 sqft
    2023-03-01 50 days 1,395 sqft
    2023-04-01 40 days 1,400 sqft
    2023-05-01 31 days 1,435 sqft
    2023-06-01 33 days 1,406 sqft
    2023-07-01 37 days 1,450 sqft
    2023-08-01 35 days 1,450 sqft
    2023-09-01 44 days 1,450 sqft
    2023-10-01 43 days 1,425 sqft
    2023-11-01 45 days 1,424 sqft
    2023-12-01 53 days 1,376 sqft
    2024-01-01 61 days 1,343 sqft
    2024-02-01 59 days 1,341 sqft
    2024-03-01 53 days 1,347 sqft
    2024-04-01 46 days 1,421 sqft
    2024-05-01 38 days 1,385 sqft
    2024-06-01 40 days 1,390 sqft
    2024-07-01 41 days 1,379 sqft
    2024-08-01 43 days 1,400 sqft
    2024-09-01 45 days 1,362 sqft
    2024-10-01 48 days 1,347 sqft
    2024-11-01 52 days 1,320 sqft
    2024-12-01 58 days 1,284 sqft
    2025-01-01 66 days 1,280 sqft
    2025-02-01 73 days 1,266 sqft
    Flint's median listing age (time on market) for 2025-02-01 was 73 days. This is 24% longer than the same period one year ago.

    Flint's median square footage for active listings during the 2025-02-01 period was 1,266 sqft. One year prior, the average listing was 1,341 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.