Flint VA Loan Rates, Closing Costs & Stats
FLINT, MI
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
6.58%
for the week of 2024-12-06, compared to the national average (all VA variants) of
6.143% for the same period.
Flint's average VA mortgage closing costs are $4,874.
The average rate for the prior week (2024-11-29) was
6.37% and
one month ago for the week of 2024-11-01, the
average rate was 6.43%.
The average rate one year ago was 6.88%.
For refis of the same type during the week of 2024-12-06, the average rate
was 6.61%.
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.
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. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $139,900 (16.7%) | $192,303 (16.1%) | 0.52 | 1,039 |
2018-02-01 | $148,950 (19.3%) | $197,785 (16.8%) | 0.54 | 973 |
2018-03-01 | $155,000 (24.1%) | $204,875 (16.2%) | 0.54 | 948 |
2018-04-01 | $167,675 (29.1%) | $215,845 (16.1%) | 0.57 | 959 |
2018-05-01 | $169,425 (21.1%) | $218,269 (13.3%) | 0.57 | 1,064 |
2018-06-01 | $169,900 (15.0%) | $214,097 (8.7%) | 0.57 | 1,126 |
2018-07-01 | $169,450 (13.0%) | $211,966 (7.8%) | 0.57 | 1,192 |
2018-08-01 | $166,000 (10.7%) | $209,472 (7.4%) | 0.56 | 1,348 |
2018-09-01 | $162,500 (8.4%) | $207,226 (6.5%) | 0.55 | 1,422 |
2018-10-01 | $159,000 (1.6%) | $201,804 (1.2%) | 0.54 | 1,417 |
2018-11-01 | $151,500 (1.1%) | $196,307 (0.0%) | 0.51 | 1,397 |
2018-12-01 | $144,900 (3.6%) | $190,240 (-0.4%) | 0.50 | 1,329 |
2019-01-01 | $144,600 (3.4%) | $189,537 (-1.4%) | 0.50 | 1,214 |
2019-02-01 | $149,450 (0.3%) | $193,158 (-2.3%) | 0.50 | 1,109 |
2019-03-01 | $156,393 (0.9%) | $202,812 (-1.0%) | 0.51 | 1,059 |
2019-04-01 | $165,000 (-1.6%) | $215,878 (0.0%) | 0.52 | 1,020 |
2019-05-01 | $179,900 (6.2%) | $227,672 (4.3%) | 0.56 | 1,046 |
2019-06-01 | $179,900 (5.9%) | $225,857 (5.5%) | 0.56 | 1,186 |
2019-07-01 | $182,298 (7.6%) | $228,108 (7.6%) | 0.57 | 1,252 |
2019-08-01 | $180,809 (8.9%) | $222,769 (6.4%) | 0.57 | 1,292 |
2019-09-01 | $174,673 (7.5%) | $213,785 (3.2%) | 0.56 | 1,357 |
2019-10-01 | $169,573 (6.7%) | $206,466 (2.3%) | 0.55 | 1,405 |
2019-11-01 | $169,900 (12.2%) | $210,543 (7.3%) | 0.56 | 1,297 |
2019-12-01 | $165,370 (14.1%) | $212,347 (11.6%) | 0.55 | 1,198 |
2020-01-01 | $165,947 (14.8%) | $215,236 (13.6%) | 0.55 | 1,086 |
2020-02-01 | $169,000 (13.1%) | $216,576 (12.1%) | 0.55 | 1,006 |
2020-03-01 | $179,900 (15.0%) | $225,904 (11.4%) | 0.56 | 946 |
2020-04-01 | $182,870 (10.8%) | $226,481 (4.9%) | 0.57 | 877 |
2020-05-01 | $189,850 (5.5%) | $233,420 (2.5%) | 0.58 | 871 |
2020-06-01 | $197,375 (9.7%) | $250,995 (11.1%) | 0.58 | 762 |
2020-07-01 | $199,900 (9.7%) | $261,878 (14.8%) | 0.58 | 690 |
2020-08-01 | $209,900 (16.1%) | $275,079 (23.5%) | 0.60 | 668 |
2020-09-01 | $204,988 (17.4%) | $268,552 (25.6%) | 0.59 | 650 |
2020-10-01 | $199,900 (17.9%) | $260,928 (26.4%) | 0.57 | 626 |
2020-11-01 | $199,900 (17.7%) | $262,430 (24.6%) | 0.58 | 570 |
2020-12-01 | $189,950 (14.9%) | $260,205 (22.5%) | 0.56 | 526 |
2021-01-01 | $179,900 (8.4%) | $258,080 (19.9%) | 0.54 | 470 |
2021-02-01 | $175,000 (3.6%) | $271,029 (25.1%) | 0.51 | 406 |
2021-03-01 | $179,900 (0.0%) | $261,269 (15.7%) | 0.51 | 427 |
2021-04-01 | $179,900 (-1.6%) | $260,140 (14.9%) | 0.49 | 465 |
2021-05-01 | $185,000 (-2.6%) | $255,205 (9.3%) | 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 (3.0%) | 0.53 | 651 |
2021-08-01 | $209,925 (0.0%) | $264,262 (-3.9%) | 0.56 | 735 |
2021-09-01 | $189,800 (-7.4%) | $248,279 (-7.6%) | 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%) | $244,614 (-6.0%) | 0.47 | 656 |
2022-01-01 | $172,400 (-4.2%) | $241,668 (-6.4%) | 0.47 | 597 |
2022-02-01 | $175,963 (0.6%) | $258,762 (-4.5%) | 0.46 | 539 |
2022-03-01 | $199,950 (11.2%) | $262,465 (0.5%) | 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 (-0.3%) | 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 | $184,925 (-15.9%) | $259,006 (-6.2%) | 0.42 | 638 |
2023-06-01 | $179,450 (-23.6%) | $261,576 (-9.1%) | 0.40 | 649 |
2023-07-01 | $207,500 (-5.7%) | $268,610 (-2.4%) | 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 | $198,950 (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 (8.1%) | $268,714 (3.8%) | 0.45 | 716 |
2024-06-01 | $199,900 (11.4%) | $257,947 (-1.4%) | 0.45 | 801 |
2024-07-01 | $199,500 (-3.9%) | $259,088 (-3.6%) | 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%) | 0.00 | 1,040 |
Flint's median listing price comes in at 0% of the national average.
Flint's average listing price for 2024-11-01 was $224,443, a difference of $-29,934 (-11.8%) versus the prior year and $-4,327 versus the prior month.
For the 2024-11-01 period, Flint had 1,040 MLS listings, a difference of 78 listings (8%) versus the prior month and 213 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. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 74 days | 1,511 sqft |
2018-02-01 | 68 days | 1,551 sqft |
2018-03-01 | 61 days | 1,568 sqft |
2018-04-01 | 48 days | 1,615 sqft |
2018-05-01 | 39 days | 1,624 sqft |
2018-06-01 | 38 days | 1,602 sqft |
2018-07-01 | 43 days | 1,609 sqft |
2018-08-01 | 40 days | 1,607 sqft |
2018-09-01 | 47 days | 1,600 sqft |
2018-10-01 | 51 days | 1,587 sqft |
2018-11-01 | 55 days | 1,551 sqft |
2018-12-01 | 62 days | 1,504 sqft |
2019-01-01 | 73 days | 1,500 sqft |
2019-02-01 | 69 days | 1,500 sqft |
2019-03-01 | 56 days | 1,541 sqft |
2019-04-01 | 46 days | 1,576 sqft |
2019-05-01 | 43 days | 1,600 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 | 1,594 sqft |
2019-10-01 | 51 days | 1,570 sqft |
2019-11-01 | 59 days | 1,562 sqft |
2019-12-01 | 67 days | 1,580 sqft |
2020-01-01 | 79 days | 1,600 sqft |
2020-02-01 | 73 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 | 1,619 sqft |
2020-06-01 | 40 days | 1,676 sqft |
2020-07-01 | 39 days | 1,706 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 | 40 days | 1,520 sqft |
2021-02-01 | 34 days | 1,455 sqft |
2021-03-01 | 30 days | 1,462 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 | 1,435 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 | 1,437 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 | 1,340 sqft |
2024-03-01 | 53 days | 1,347 sqft |
2024-04-01 | 46 days | 1,421 sqft |
2024-05-01 | 37 days | 1,385 sqft |
2024-06-01 | 39 days | 1,389 sqft |
2024-07-01 | 41 days | 1,378 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 | 0 days | 1,320 sqft |
Flint's median square footage for active listings during the 2024-11-01 period was 1,320 sqft. One year prior, the average listing was 1,424 sqft.