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 74 lenders originated 448 VA loans during 2024. The total origination value was $111,210,000, with an average VA loan value of $248,237.

    Flint VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Flint averaged 6.74% for the week of 2025-04-11, compared to the national average (all VA variants) of 6.292% for the same period.

    Flint's average VA mortgage closing costs are $5,029.

    The average rate for the prior week (2025-04-04) was 6.68% and one month ago for the week of 2025-03-07, the average rate was 6.86%.

    The average rate one year ago was 6.87%.

    For refis of the same type during the week of 2025-04-11, the average rate was 6.32%.

    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 81 6.53% $4,152
    UNITED WHOLESALE MORTGAGE, LLC 67 6.12% $6,619
    QUICKEN LOANS, LLC 40 6.19% $9,180
    J. VIRGIL, INC. 19 6.65% $6,458
    FREEDOM MORTGAGE CORPORATION 17 6.36% $4,083
    NEW DAY FINANCIAL, LLC 15 7.40% $8,750
    Preston Home Loans Inc 13 6.83% $6,853
    PENNYMAC LOAN SERVICES, LLC 13 5.87% $5,338
    NAVY FEDERAL CREDIT UNION 12 6.06% $5,931
    VILLAGE CAPITAL MORTGAGE 11 5.97% $5,436
    TOWNE MORTGAGE COMPANY 8 6.17% $5,949
    DAS Acquisition Company, LLC 6 6.75% $5,704
    PLANET HOME LENDING, LLC 6 5.98% $5,250
    NEWREZ LLC 6 6.26% $7,862
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 6.70% $5,833
    The Huntington National Bank 5 6.85% $6,064
    SUCCESS MORTGAGE PARTNERS, INC. 4 6.53% $8,963
    BLG HOLDINGS, INC. 4 6.56% $11,749
    Flagstar Bank, FSB 4 6.15% $4,519
    PHH Mortgage Corporation 4 5.72% $5,651
    Carrington Mortgage Services, LLC 4 5.94% $11,465
    INSPIRE HOME LOANS INC. 4 5.44% $5,434
    GUARANTEED RATE, INC. 3 5.93% $3,395
    CLEARPATH LENDING 3 6.63% $7,274
    LOANDEPOT.COM, LLC 3 5.75% $7,763
    USAA Federal Savings Bank 3 5.71% $5,090
    MORTGAGE CENTER L.C 3 6.50% $2,740
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.67% $4,562
    LAKE MICHIGAN CREDIT UNION 3 6.04% $7,380
    MUTUAL OF OMAHA MORTGAGE, INC. 2 5.81% $5,471
    BROKER SOLUTIONS, INC. 2 6.63% $4,529
    FIRST COLONY MORTGAGE CORPORATION 2 7.00% $7,512
    LAKEVIEW LOAN SERVICING, LLC 2 5.44% $5,165
    Magnolia Bank 2 6.31% $9,802
    MORTGAGE 1 INCORPORATED 2 6.75% $5,543
    GUILD MORTGAGE COMPANY 2 7.13% $5,537
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.25% $8,833
    The Federal Savings Bank 2 7.00% $12,355
    GUARANTEED RATE AFFINITY, LLC 2 6.13% $1,223
    UNION HOME MORTGAGE CORP. 2 6.94% $12,976
    PLAZA HOME MORTGAGE, INC. 2 6.81% $11,841
    First State Bank 2 6.75% $6,376
    Barrington Bank & Trust Company, N.A. 2 6.25% $7,331
    NBKC BANK 1 5.63% $1,134
    AmeriHome Mortgage Company, LLC 1 5.63% $3,774
    AMERISAVE MORTGAGE CORPORATION 1 5.75% $3,151
    CALCON MUTUAL MORTGAGE LLC 1 7.63% $3,033
    Citizens Bank 1 6.63% $2,100
    CMG MORTGAGE, INC. 1 7.25% $12,389
    Cornerstone First Mortgage, Inc 1 6.75% $15,108
    CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $1,893
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.13% $5,663
    ELGA CREDIT UNION 1 7.25% $16,705
    EVERETT FINANCIAL, INC. 1 6.38% $12,554
    First Federal Bank of Kansas City 1 6.50% $12,709
    First Merchants Bank 1 6.63% $4,267
    HALLMARK HOME MORTGAGE, LLC 1 6.75% $14,187
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.00% $5,670
    HomePromise Corporation 1 7.38% $16,847
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.63% $8,188
    Independent Bank 1 6.25% $3,792
    Lakeview Community Capital, LLC 1 5.25% $6,451
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.75% $4,875
    NETWORK CAPITAL FUNDING CORPORATION 1 7.13% $15,373
    NFM, INC. 1 5.75% $2,776
    Northpointe Bank 1 6.25% $5,279
    Paramount Residential Mortgage Group, Inc. 1 6.88% $16,840
    PREMIA MORTGAGE, LLC 1 6.15% $0
    Prosperity Home Mortgage, LLC 1 6.00% $4,590
    Residential Mortgage Solutions, Inc. 1 5.13% $3,327
    ROSS MORTGAGE CORPORATION 1 5.75% $2,204
    RUOFF MORTGAGE COMPANY, INC. 1 7.13% $3,587
    The Dart Bank 1 6.25% $4,089
    The Loan Store, Inc. 1 7.63% $9,970

    The top Flint VA lender as defined by loan originations is Mortgage Research Center, LLC, with 81 VA loans originated. Their average total fees are $4,152, which is $2,466 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Flint VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION ($4,083), Mortgage Research Center, LLC ($4,152), PENNYMAC LOAN SERVICES, LLC ($5,338), VILLAGE CAPITAL MORTGAGE ($5,436) and NAVY FEDERAL CREDIT UNION ($5,931).

    The lowest rate Flint VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.87%), VILLAGE CAPITAL MORTGAGE (5.97%), NAVY FEDERAL CREDIT UNION (6.06%), UNITED WHOLESALE MORTGAGE, LLC (6.12%) and QUICKEN LOANS, LLC (6.19%).

    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
    2025-03-01 $149,900 (-21.1%) $221,243 (-12.9%) 0.00 775
    Flint's median listing price for 2025-03-01 was $149,900, a difference of $-40,097 (-21.1%) versus the prior year and $500 versus the prior month.

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

    Flint's average listing price for 2025-03-01 was $221,243, a difference of $-32,617 (-12.9%) versus the prior year and $11,073 versus the prior month.

    For the 2025-03-01 period, Flint had 775 MLS listings, a difference of -40 listings (-5%) versus the prior month and 140 listings (22%) 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
    2025-03-01 0 days 1,262 sqft
    Flint'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.

    Flint's median square footage for active listings during the 2025-03-01 period was 1,262 sqft. One year prior, the average listing was 1,347 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.