Fort Collins VA Loan Rates, Closing Costs & Stats
FORT COLLINS, CO
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.
Fort Collins's 109 lenders originated 570 VA loans during 2022. The total origination value was $276,420,000, with an average VA loan value of $484,947.
Fort Collins VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Fort Collins
averaged
6%
for the week of 2023-05-26, compared to the national average (all VA variants) of
6.408% for the same period.
Fort Collins's average VA mortgage closing costs are $6,987.
The average rate for the prior week (2023-05-19) was
6.12% and
one month ago for the week of 2023-04-21, the
average rate was 5.94%.
The average rate one year ago was 4.71%.
For refis of the same type during the week of 2023-05-26, the average rate
was 4.93%.
Fort Collins 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 Fort Collins level.
The top Fort Collins VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
67 VA loans originated. Their average total fees are
$9,227, which is $1,332
lower than the next largest lender,
NAVY FEDERAL CREDIT UNION.
The lowest fee Fort Collins VA lenders (with over 10 loans originated) are
GROUP MORTGAGE, LLC ($6,269), NEST HOME LENDING, LLC ($8,198), USAA Federal Savings Bank ($8,536), UNITED WHOLESALE MORTGAGE, LLC ($9,227) and NAVY FEDERAL CREDIT UNION ($10,559).
The lowest rate Fort Collins VA lenders (with over 10 loans originated) are
PENNYMAC LOAN SERVICES, LLC (3.37%), FREEDOM MORTGAGE CORPORATION (3.43%), LOANDEPOT.COM, LLC (3.81%), QUICKEN LOANS, LLC (3.82%) and UNITED WHOLESALE MORTGAGE, LLC (3.90%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Fort Collins (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 | $469,950 (6.8%) | $578,888 (4.6%) | 1.74 | 827 |
2018-02-01 | $473,815 (5.5%) | $593,376 (4.9%) | 1.72 | 811 |
2018-03-01 | $480,599 (6.8%) | $616,341 (9.5%) | 1.69 | 860 |
2018-04-01 | $490,950 (9.1%) | $620,647 (12.2%) | 1.66 | 905 |
2018-05-01 | $491,300 (8.1%) | $616,956 (10.5%) | 1.64 | 1,057 |
2018-06-01 | $481,675 (4.9%) | $610,129 (6.7%) | 1.61 | 1,157 |
2018-07-01 | $481,995 (5.6%) | $603,782 (4.8%) | 1.61 | 1,261 |
2018-08-01 | $466,950 (3.8%) | $588,113 (2.9%) | 1.56 | 1,326 |
2018-09-01 | $464,950 (3.3%) | $586,529 (3.1%) | 1.56 | 1,348 |
2018-10-01 | $452,145 (-0.7%) | $577,143 (0.7%) | 1.53 | 1,295 |
2018-11-01 | $449,000 (-2.1%) | $569,146 (0.2%) | 1.52 | 1,255 |
2018-12-01 | $439,990 (-5.4%) | $560,305 (-2.9%) | 1.52 | 1,128 |
2019-01-01 | $439,498 (-6.5%) | $553,836 (-4.3%) | 1.52 | 1,044 |
2019-02-01 | $441,050 (-6.9%) | $553,336 (-6.8%) | 1.49 | 1,041 |
2019-03-01 | $450,000 (-6.4%) | $561,191 (-9.0%) | 1.50 | 1,007 |
2019-04-01 | $451,200 (-8.1%) | $571,431 (-7.9%) | 1.43 | 1,036 |
2019-05-01 | $452,450 (-7.9%) | $573,828 (-7.0%) | 1.41 | 1,163 |
2019-06-01 | $444,000 (-7.8%) | $558,200 (-8.5%) | 1.39 | 1,382 |
2019-07-01 | $437,583 (-9.2%) | $558,361 (-7.5%) | 1.37 | 1,536 |
2019-08-01 | $439,900 (-5.8%) | $561,024 (-4.6%) | 1.38 | 1,503 |
2019-09-01 | $435,000 (-6.4%) | $561,350 (-4.3%) | 1.37 | 1,375 |
2019-10-01 | $431,165 (-4.6%) | $551,248 (-4.5%) | 1.39 | 1,425 |
2019-11-01 | $430,582 (-4.1%) | $552,315 (-3.0%) | 1.41 | 1,304 |
2019-12-01 | $433,127 (-1.6%) | $553,131 (-1.3%) | 1.44 | 1,128 |
2020-01-01 | $439,239 (-0.1%) | $565,759 (2.2%) | 1.47 | 1,009 |
2020-02-01 | $449,900 (2.0%) | $571,034 (3.2%) | 1.47 | 966 |
2020-03-01 | $451,767 (0.4%) | $575,737 (2.6%) | 1.42 | 975 |
2020-04-01 | $452,000 (0.2%) | $585,106 (2.4%) | 1.42 | 1,124 |
2020-05-01 | $460,000 (1.7%) | $588,664 (2.6%) | 1.40 | 1,288 |
2020-06-01 | $472,253 (6.4%) | $600,111 (7.5%) | 1.39 | 1,213 |
2020-07-01 | $469,900 (7.4%) | $596,656 (6.9%) | 1.36 | 1,147 |
2020-08-01 | $469,900 (6.8%) | $602,834 (7.5%) | 1.35 | 1,031 |
2020-09-01 | $464,785 (6.9%) | $608,824 (8.5%) | 1.33 | 925 |
2020-10-01 | $474,950 (10.2%) | $616,231 (11.8%) | 1.36 | 799 |
2020-11-01 | $473,750 (10.0%) | $619,890 (12.2%) | 1.39 | 731 |
2020-12-01 | $475,027 (9.7%) | $625,102 (13.0%) | 1.41 | 649 |
2021-01-01 | $476,663 (8.5%) | $647,307 (14.4%) | 1.42 | 490 |
2021-02-01 | $494,450 (9.9%) | $696,258 (21.9%) | 1.44 | 433 |
2021-03-01 | $518,028 (14.7%) | $712,504 (23.8%) | 1.47 | 377 |
2021-04-01 | $499,950 (10.6%) | $694,310 (18.7%) | 1.35 | 378 |
2021-05-01 | $545,000 (18.5%) | $706,838 (20.1%) | 1.45 | 378 |
2021-06-01 | $532,500 (12.8%) | $697,387 (16.2%) | 1.40 | 475 |
2021-07-01 | $549,000 (16.8%) | $696,591 (16.8%) | 1.45 | 554 |
2021-08-01 | $544,900 (16.0%) | $690,116 (14.5%) | 1.45 | 600 |
2021-09-01 | $544,450 (17.1%) | $686,051 (12.7%) | 1.45 | 590 |
2021-10-01 | $554,500 (16.8%) | $707,612 (14.8%) | 1.48 | 544 |
2021-11-01 | $563,248 (18.9%) | $712,776 (15.0%) | 1.51 | 431 |
2021-12-01 | $510,765 (7.5%) | $625,356 (0.0%) | 1.38 | 986 |
2022-01-01 | $604,245 (26.8%) | $790,142 (22.1%) | 1.63 | 262 |
2022-02-01 | $598,950 (21.1%) | $832,905 (19.6%) | 1.56 | 226 |
2022-03-01 | $607,500 (17.3%) | $833,754 (17.0%) | 1.52 | 246 |
2022-04-01 | $600,000 (20.0%) | $810,046 (16.7%) | 1.43 | 326 |
2022-05-01 | $625,550 (14.8%) | $801,586 (13.4%) | 1.43 | 504 |
2022-06-01 | $627,450 (17.8%) | $794,956 (14.0%) | 1.40 | 670 |
2022-07-01 | $636,500 (15.9%) | $782,989 (12.4%) | 1.44 | 828 |
2022-08-01 | $636,250 (16.8%) | $809,365 (17.3%) | 1.47 | 839 |
2022-09-01 | $621,365 (14.1%) | $787,127 (14.7%) | 1.45 | 880 |
2022-10-01 | $614,900 (10.9%) | $789,053 (11.5%) | 1.45 | 891 |
2022-11-01 | $589,450 (4.7%) | $757,588 (6.3%) | 1.42 | 892 |
2022-12-01 | $587,448 (15.0%) | $760,562 (21.6%) | 1.45 | 727 |
2023-01-01 | $588,500 (-2.6%) | $765,912 (-3.1%) | 1.46 | 627 |
2023-02-01 | $583,906 (-2.5%) | $750,127 (-9.9%) | 1.41 | 609 |
2023-03-01 | $604,970 (-0.4%) | $775,401 (-7.0%) | 1.43 | 610 |
2023-04-01 | $615,495 (2.6%) | $806,846 (-0.4%) | 1.43 | 647 |
Fort Collins's median listing price comes in at 143% of the national average.
Fort Collins's average listing price for 2023-04-01 was $806,846, a difference of $-3,200 (-0.4%) versus the prior year and $31,445 versus the prior month.
For the 2023-04-01 period, Fort Collins had 647 MLS listings, a difference of 37 listings (6%) versus the prior month and 321 listings (98%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fort Collins (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 89 days | 3,007 sqft |
2018-02-01 | 68 days | 2,977 sqft |
2018-03-01 | 47 days | 3,033 sqft |
2018-04-01 | 43 days | 3,004 sqft |
2018-05-01 | 38 days | 2,896 sqft |
2018-06-01 | 37 days | 2,840 sqft |
2018-07-01 | 44 days | 2,823 sqft |
2018-08-01 | 47 days | 2,793 sqft |
2018-09-01 | 52 days | 2,784 sqft |
2018-10-01 | 57 days | 2,743 sqft |
2018-11-01 | 59 days | 2,735 sqft |
2018-12-01 | 72 days | 2,698 sqft |
2019-01-01 | 71 days | 2,606 sqft |
2019-02-01 | 59 days | 2,663 sqft |
2019-03-01 | 57 days | 2,736 sqft |
2019-04-01 | 45 days | 2,755 sqft |
2019-05-01 | 38 days | 2,795 sqft |
2019-06-01 | 38 days | 2,696 sqft |
2019-07-01 | 41 days | 2,686 sqft |
2019-08-01 | 54 days | 2,656 sqft |
2019-09-01 | 61 days | 2,620 sqft |
2019-10-01 | 58 days | 2,589 sqft |
2019-11-01 | 63 days | 2,594 sqft |
2019-12-01 | 82 days | 2,663 sqft |
2020-01-01 | 83 days | 2,663 sqft |
2020-02-01 | 74 days | 2,695 sqft |
2020-03-01 | 53 days | 2,700 sqft |
2020-04-01 | 52 days | 2,694 sqft |
2020-05-01 | 53 days | 2,741 sqft |
2020-06-01 | 51 days | 2,745 sqft |
2020-07-01 | 52 days | 2,730 sqft |
2020-08-01 | 57 days | 2,717 sqft |
2020-09-01 | 59 days | 2,638 sqft |
2020-10-01 | 61 days | 2,578 sqft |
2020-11-01 | 68 days | 2,517 sqft |
2020-12-01 | 82 days | 2,521 sqft |
2021-01-01 | 87 days | 2,492 sqft |
2021-02-01 | 55 days | 2,486 sqft |
2021-03-01 | 61 days | 2,537 sqft |
2021-04-01 | 53 days | 2,417 sqft |
2021-05-01 | 39 days | 2,535 sqft |
2021-06-01 | 31 days | 2,476 sqft |
2021-07-01 | 38 days | 2,491 sqft |
2021-08-01 | 37 days | 2,476 sqft |
2021-09-01 | 37 days | 2,482 sqft |
2021-10-01 | 39 days | 2,464 sqft |
2021-11-01 | 45 days | 2,500 sqft |
2021-12-01 | 62 days | 2,396 sqft |
2022-01-01 | 53 days | 2,600 sqft |
2022-02-01 | 31 days | 2,470 sqft |
2022-03-01 | 27 days | 2,516 sqft |
2022-04-01 | 19 days | 2,528 sqft |
2022-05-01 | 18 days | 2,518 sqft |
2022-06-01 | 23 days | 2,615 sqft |
2022-07-01 | 28 days | 2,649 sqft |
2022-08-01 | 36 days | 2,653 sqft |
2022-09-01 | 39 days | 2,573 sqft |
2022-10-01 | 44 days | 2,602 sqft |
2022-11-01 | 47 days | 2,485 sqft |
2022-12-01 | 65 days | 2,480 sqft |
2023-01-01 | 72 days | 2,462 sqft |
2023-02-01 | 63 days | 2,435 sqft |
2023-03-01 | 48 days | 2,499 sqft |
2023-04-01 | 37 days | 2,582 sqft |
Fort Collins's median square footage for active listings during the 2023-04-01 period was 2,582 sqft. One year prior, the average listing was 2,528 sqft.