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
6.46%
for the week of 2023-12-01, compared to the national average (all VA variants) of
6.774% for the same period.
Fort Collins's average VA mortgage closing costs are $6,987.
The average rate for the prior week (2023-11-24) was
6.6% and
one month ago for the week of 2023-10-27, the
average rate was 7.23%.
The average rate one year ago was 6.32%.
For refis of the same type during the week of 2023-12-01, the average rate
was 5.4%.
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 (6.7%) | $578,375 (4.6%) | 1.74 | 827 |
2018-02-01 | $473,815 (5.6%) | $593,184 (4.9%) | 1.72 | 811 |
2018-03-01 | $479,000 (6.5%) | $613,146 (9.0%) | 1.68 | 860 |
2018-04-01 | $491,200 (9.2%) | $621,106 (12.3%) | 1.67 | 905 |
2018-05-01 | $490,966 (8.0%) | $616,989 (10.5%) | 1.64 | 1,057 |
2018-06-01 | $481,675 (4.8%) | $610,600 (6.7%) | 1.61 | 1,157 |
2018-07-01 | $482,473 (6.2%) | $604,629 (4.9%) | 1.61 | 1,261 |
2018-08-01 | $466,475 (3.7%) | $588,416 (3.0%) | 1.56 | 1,326 |
2018-09-01 | $465,000 (3.3%) | $588,422 (3.4%) | 1.56 | 1,348 |
2018-10-01 | $454,493 (-0.1%) | $578,080 (0.9%) | 1.54 | 1,295 |
2018-11-01 | $449,000 (-2.1%) | $569,891 (0.4%) | 1.52 | 1,255 |
2018-12-01 | $439,900 (-5.4%) | $562,647 (-2.5%) | 1.52 | 1,128 |
2019-01-01 | $439,950 (-6.4%) | $554,773 (-4.1%) | 1.52 | 1,044 |
2019-02-01 | $441,260 (-6.9%) | $553,021 (-6.8%) | 1.49 | 1,041 |
2019-03-01 | $447,143 (-6.7%) | $562,920 (-8.2%) | 1.46 | 1,023 |
2019-04-01 | $451,200 (-8.1%) | $571,432 (-8.0%) | 1.43 | 1,036 |
2019-05-01 | $452,450 (-7.8%) | $573,828 (-7.0%) | 1.41 | 1,163 |
2019-06-01 | $444,000 (-7.8%) | $558,200 (-8.6%) | 1.39 | 1,382 |
2019-07-01 | $437,583 (-9.3%) | $558,361 (-7.7%) | 1.37 | 1,536 |
2019-08-01 | $433,754 (-7.0%) | $554,319 (-5.8%) | 1.37 | 1,510 |
2019-09-01 | $431,885 (-7.1%) | $552,136 (-6.2%) | 1.38 | 1,471 |
2019-10-01 | $430,639 (-5.3%) | $551,537 (-4.6%) | 1.39 | 1,425 |
2019-11-01 | $430,582 (-4.1%) | $552,315 (-3.1%) | 1.41 | 1,304 |
2019-12-01 | $433,127 (-1.5%) | $553,131 (-1.7%) | 1.44 | 1,128 |
2020-01-01 | $439,239 (-0.2%) | $565,759 (2.0%) | 1.47 | 1,009 |
2020-02-01 | $449,900 (2.0%) | $571,034 (3.3%) | 1.48 | 966 |
2020-03-01 | $451,767 (1.0%) | $575,737 (2.3%) | 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 (8.3%) | $602,834 (8.8%) | 1.35 | 1,031 |
2020-09-01 | $464,785 (7.6%) | $608,824 (10.3%) | 1.33 | 925 |
2020-10-01 | $474,950 (10.3%) | $616,231 (11.7%) | 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 | $479,800 (9.2%) | $645,270 (14.1%) | 1.43 | 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%) | $693,905 (18.6%) | 1.35 | 378 |
2021-05-01 | $545,000 (18.5%) | $706,838 (20.1%) | 1.45 | 378 |
2021-06-01 | $532,426 (12.7%) | $697,139 (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 | $555,000 (16.9%) | $707,612 (14.8%) | 1.48 | 544 |
2021-11-01 | $563,258 (18.9%) | $712,951 (15.0%) | 1.51 | 431 |
2021-12-01 | $510,765 (7.5%) | $625,356 (0.0%) | 1.38 | 986 |
2022-01-01 | $604,245 (25.9%) | $790,142 (22.5%) | 1.63 | 262 |
2022-02-01 | $598,950 (21.1%) | $832,905 (19.6%) | 1.56 | 226 |
2022-03-01 | $606,250 (17.0%) | $833,754 (17.0%) | 1.52 | 246 |
2022-04-01 | $600,000 (20.0%) | $809,965 (16.7%) | 1.43 | 326 |
2022-05-01 | $625,050 (14.7%) | $800,924 (13.3%) | 1.43 | 504 |
2022-06-01 | $627,450 (17.9%) | $794,139 (13.9%) | 1.40 | 670 |
2022-07-01 | $635,750 (15.8%) | $781,926 (12.3%) | 1.43 | 828 |
2022-08-01 | $636,500 (16.8%) | $809,283 (17.3%) | 1.47 | 839 |
2022-09-01 | $621,200 (14.1%) | $786,184 (14.6%) | 1.45 | 880 |
2022-10-01 | $611,875 (10.3%) | $787,574 (11.3%) | 1.44 | 891 |
2022-11-01 | $592,000 (5.1%) | $758,030 (6.3%) | 1.42 | 889 |
2022-12-01 | $589,950 (15.5%) | $762,601 (22.0%) | 1.46 | 725 |
2023-01-01 | $592,500 (-1.9%) | $770,004 (-2.6%) | 1.47 | 616 |
2023-02-01 | $587,445 (-1.9%) | $753,028 (-9.6%) | 1.42 | 604 |
2023-03-01 | $604,995 (-0.2%) | $776,008 (-6.9%) | 1.43 | 607 |
2023-04-01 | $615,990 (2.7%) | $803,155 (-0.8%) | 1.43 | 646 |
2023-05-01 | $636,883 (1.9%) | $812,667 (1.5%) | 1.44 | 803 |
2023-06-01 | $642,900 (2.5%) | $823,187 (3.7%) | 1.44 | 940 |
2023-07-01 | $640,000 (0.7%) | $820,271 (4.9%) | 1.45 | 1,048 |
2023-08-01 | $627,473 (-1.4%) | $800,228 (-1.1%) | 1.44 | 1,088 |
2023-09-01 | $625,000 (0.6%) | $809,636 (3.0%) | 1.46 | 1,064 |
2023-10-01 | $619,995 (1.3%) | $818,851 (4.0%) | 1.46 | 1,091 |
2023-11-01 | $607,500 (2.6%) | $819,870 (8.2%) | 1.45 | 1,016 |
Fort Collins's median listing price comes in at 145% of the national average.
Fort Collins's average listing price for 2023-11-01 was $819,870, a difference of $61,840 (8.2%) versus the prior year and $1,019 versus the prior month.
For the 2023-11-01 period, Fort Collins had 1,016 MLS listings, a difference of -75 listings (-7%) versus the prior month and 127 listings (14%) 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 | 85 days | 3,007 sqft |
2018-02-01 | 59 days | 2,976 sqft |
2018-03-01 | 45 days | 3,031 sqft |
2018-04-01 | 41 days | 3,013 sqft |
2018-05-01 | 36 days | 2,895 sqft |
2018-06-01 | 37 days | 2,839 sqft |
2018-07-01 | 43 days | 2,826 sqft |
2018-08-01 | 45 days | 2,795 sqft |
2018-09-01 | 50 days | 2,784 sqft |
2018-10-01 | 53 days | 2,744 sqft |
2018-11-01 | 57 days | 2,735 sqft |
2018-12-01 | 69 days | 2,695 sqft |
2019-01-01 | 66 days | 2,606 sqft |
2019-02-01 | 55 days | 2,664 sqft |
2019-03-01 | 48 days | 2,688 sqft |
2019-04-01 | 43 days | 2,756 sqft |
2019-05-01 | 37 days | 2,796 sqft |
2019-06-01 | 37 days | 2,696 sqft |
2019-07-01 | 40 days | 2,686 sqft |
2019-08-01 | 47 days | 2,608 sqft |
2019-09-01 | 53 days | 2,597 sqft |
2019-10-01 | 57 days | 2,589 sqft |
2019-11-01 | 60 days | 2,594 sqft |
2019-12-01 | 71 days | 2,663 sqft |
2020-01-01 | 74 days | 2,663 sqft |
2020-02-01 | 60 days | 2,695 sqft |
2020-03-01 | 44 days | 2,700 sqft |
2020-04-01 | 44 days | 2,694 sqft |
2020-05-01 | 46 days | 2,741 sqft |
2020-06-01 | 40 days | 2,745 sqft |
2020-07-01 | 40 days | 2,730 sqft |
2020-08-01 | 40 days | 2,720 sqft |
2020-09-01 | 44 days | 2,641 sqft |
2020-10-01 | 43 days | 2,579 sqft |
2020-11-01 | 52 days | 2,520 sqft |
2020-12-01 | 59 days | 2,525 sqft |
2021-01-01 | 73 days | 2,493 sqft |
2021-02-01 | 40 days | 2,490 sqft |
2021-03-01 | 49 days | 2,541 sqft |
2021-04-01 | 45 days | 2,418 sqft |
2021-05-01 | 33 days | 2,542 sqft |
2021-06-01 | 30 days | 2,478 sqft |
2021-07-01 | 37 days | 2,493 sqft |
2021-08-01 | 32 days | 2,476 sqft |
2021-09-01 | 36 days | 2,482 sqft |
2021-10-01 | 37 days | 2,464 sqft |
2021-11-01 | 44 days | 2,500 sqft |
2021-12-01 | 59 days | 2,396 sqft |
2022-01-01 | 50 days | 2,600 sqft |
2022-02-01 | 29 days | 2,470 sqft |
2022-03-01 | 25 days | 2,516 sqft |
2022-04-01 | 18 days | 2,529 sqft |
2022-05-01 | 17 days | 2,519 sqft |
2022-06-01 | 23 days | 2,607 sqft |
2022-07-01 | 27 days | 2,648 sqft |
2022-08-01 | 36 days | 2,651 sqft |
2022-09-01 | 39 days | 2,573 sqft |
2022-10-01 | 44 days | 2,608 sqft |
2022-11-01 | 46 days | 2,486 sqft |
2022-12-01 | 64 days | 2,486 sqft |
2023-01-01 | 72 days | 2,472 sqft |
2023-02-01 | 60 days | 2,449 sqft |
2023-03-01 | 47 days | 2,502 sqft |
2023-04-01 | 37 days | 2,581 sqft |
2023-05-01 | 32 days | 2,590 sqft |
2023-06-01 | 34 days | 2,611 sqft |
2023-07-01 | 37 days | 2,577 sqft |
2023-08-01 | 41 days | 2,542 sqft |
2023-09-01 | 45 days | 2,610 sqft |
2023-10-01 | 47 days | 2,547 sqft |
2023-11-01 | 51 days | 2,488 sqft |
Fort Collins's median square footage for active listings during the 2023-11-01 period was 2,488 sqft. One year prior, the average listing was 2,486 sqft.