Fort Leonard Wood VA Loan Rates, Closing Costs & Stats

Fort Leonard Wood, MO

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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.

    Fort Leonard Wood's 56 lenders originated 629 VA loans during 2024. The total origination value was $163,465,000, with an average VA loan value of $259,881.

    Fort Leonard Wood VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Fort Leonard Wood averaged 0.4% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Fort Leonard Wood's average VA mortgage closing costs are $5,246.

    The average rate for the prior week (2025-06-27) was 6.63% and one month ago for the week of 2025-05-30, 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 2025-07-04, the average rate was -0.63%.

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

    Fort Leonard Wood 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 Leonard Wood level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FLAT BRANCH MORTGAGE, INC. 131 6.61% $7,936
    Mortgage Research Center, LLC 114 6.43% $4,967
    NAVY FEDERAL CREDIT UNION 42 5.93% $5,074
    PENNYMAC LOAN SERVICES, LLC 32 5.75% $5,677
    CROSSCOUNTRY MORTGAGE, LLC 25 6.36% $6,879
    VILLAGE CAPITAL MORTGAGE 22 5.69% $5,507
    FREEDOM MORTGAGE CORPORATION 22 6.54% $6,052
    USAA Federal Savings Bank 18 5.93% $9,510
    BROKER SOLUTIONS, INC. 18 6.85% $8,561
    QUICKEN LOANS, LLC 17 6.16% $7,529
    Armed Forces Bank 16 6.49% $7,529
    NEW DAY FINANCIAL, LLC 11 7.48% $9,067
    LEADERONE FINANCIAL CORPORATION 10 6.35% $10,839
    Ixonia Bank 9 6.35% $7,662
    GUARANTEED RATE, INC. 9 6.47% $5,111
    UNITED WHOLESALE MORTGAGE, LLC 9 6.12% $7,175
    PLANET HOME LENDING, LLC 8 6.28% $3,138
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 6.23% $5,065
    DAS Acquisition Company, LLC 7 7.32% $3,792
    The Central Trust Bank 7 6.46% $6,027
    GUILD MORTGAGE COMPANY 6 6.63% $8,476
    LOANDEPOT.COM, LLC 4 4.90% $5,951
    NEWREZ LLC 4 6.09% $7,937
    First Federal Bank 3 6.00% $7,189
    MUTUAL OF OMAHA MORTGAGE, INC. 3 6.25% $9,309
    The Federal Savings Bank 3 6.25% $11,479
    LAKEVIEW LOAN SERVICING, LLC 3 5.92% $5,539
    ENDEAVOR CAPITAL, LLC. 3 5.67% $9,731
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.00% $10,949
    Flagstar Bank, FSB 2 5.13% $10,930
    SUN WEST MORTGAGE COMPANY, INC. 2 6.00% $2,385
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.44% $773
    NBKC BANK 2 5.56% $10,017
    CMG MORTGAGE, INC. 2 5.88% $7,882
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.38% $7,862
    MOVEMENT MORTGAGE, LLC 2 6.75% $11,669
    SUMMIT FUNDING, INC. 1 6.63% $900
    Arvest Bank 1 5.50% $8,111
    Barrington Bank & Trust Company, N.A. 1 6.25% $6,264
    BAY EQUITY LLC 1 6.75% $6,166
    Bell Bank 1 6.13% $2,419
    Carrington Mortgage Services, LLC 1 5.63% $2,874
    Community Mortgage Banc Corporation 1 6.75% $10,331
    ENVOY MORTGAGE, LTD 1 6.50% $9,185
    Equity Prime Mortgage LLC 1 6.75% $1,304
    FCB Banks 1 5.63% $7,794
    GERSHMAN INVESTMENT CORP. 1 7.13% $8,764
    Members Mortgage Services, L.L.C. 1 6.13% $5,372
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $8,663
    PENTAGON FEDERAL CREDIT UNION 1 6.38% $10,591
    PHH Mortgage Corporation 1 5.63% $5,992
    PLAZA HOME MORTGAGE, INC. 1 6.00% $2,727
    Prosperity Home Mortgage, LLC 1 6.25% $3,409
    Stifel Bank and Trust 1 6.63% $3,388
    AmeriHome Mortgage Company, LLC 1 5.99% $6,193
    TOWNE MORTGAGE COMPANY 1 6.25% $8,666

    The top Fort Leonard Wood VA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 131 VA loans originated. Their average total fees are $7,936, which is $2,969 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Fort Leonard Wood VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,967), NAVY FEDERAL CREDIT UNION ($5,074), VILLAGE CAPITAL MORTGAGE ($5,507), PENNYMAC LOAN SERVICES, LLC ($5,677) and FREEDOM MORTGAGE CORPORATION ($6,052).

    The lowest rate Fort Leonard Wood VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (5.69%), PENNYMAC LOAN SERVICES, LLC (5.75%), NAVY FEDERAL CREDIT UNION (5.93%), USAA Federal Savings Bank (5.93%) and QUICKEN LOANS, LLC (6.16%).

    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.