Fort Morgan VA Loan Rates, Closing Costs & Stats

Fort Morgan, CO

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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 Morgan's 24 lenders originated 47 VA loans during 2024. The total origination value was $17,885,000, with an average VA loan value of $380,532.

    Fort Morgan VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Fort Morgan averaged 0.61% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Fort Morgan's average VA mortgage closing costs are $6,542.

    The average rate for the prior week (2025-06-27) was 6.74% and one month ago for the week of 2025-05-30, the average rate was 6.77%.

    The average rate one year ago was 6.88%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.2%.

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

    Fort Morgan 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 Morgan level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 7 5.41% $5,925
    Mortgage Research Center, LLC 7 6.28% $7,120
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.63% $8,877
    FREEDOM MORTGAGE CORPORATION 2 6.69% $7,061
    BROKER SOLUTIONS, INC. 2 6.37% $18,168
    QUICKEN LOANS, LLC 2 6.49% $6,324
    GUILD MORTGAGE COMPANY 2 7.00% $8,531
    VILLAGE CAPITAL MORTGAGE 2 6.00% $9,679
    CROSSCOUNTRY MORTGAGE, LLC 2 5.78% $17,493
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.13% $3,635
    NEWREZ LLC 2 6.25% $7,023
    U.S. Bank 1 5.63% $7,445
    AMERICAN FINANCING CORPORATION 1 6.75% $11,452
    Wells Fargo Bank 1 5.50% $23,627
    American Mortgage & Equity Consultants, Inc. 1 7.13% $3,652
    Carrington Mortgage Services, LLC 1 6.13% $7,822
    CMG MORTGAGE, INC. 1 6.38% $3,025
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.50% $12,012
    GUARANTEED RATE, INC. 1 6.23% $13,154
    NEW DAY FINANCIAL, LLC 1 7.49% $8,125
    Paramount Residential Mortgage Group, Inc. 1 5.75% $4,356
    PHH Mortgage Corporation 1 5.99% $3,898
    PLANET HOME LENDING, LLC 1 5.88% $5,743
    The Federal Savings Bank 1 5.75% $32,275

    The top Fort Morgan VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 7 VA loans originated. Their average total fees are $5,925, which is $1,195 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Fort Morgan VA lenders (with over 10 loans originated) are .

    The lowest rate Fort Morgan VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fort Morgan (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 $290,000 (16.1%) $283,280 (9.9%) 0.00 103
    2018-02-01 $290,000 (14.7%) $291,054 (11.5%) 0.00 96
    2018-03-01 $290,000 (9.4%) $300,993 (10.9%) 0.00 86
    2018-04-01 $290,000 (5.5%) $309,696 (11.7%) 0.00 80
    2018-05-01 $290,000 (5.5%) $306,124 (9.7%) 0.00 91
    2018-06-01 $290,000 (5.5%) $298,566 (4.8%) 0.00 99
    2018-07-01 $290,000 (5.5%) $300,978 (4.7%) 0.00 93
    2018-08-01 $290,000 (5.5%) $303,680 (4.3%) 0.00 103
    2018-09-01 $290,000 (5.5%) $307,930 (11.4%) 0.00 119
    2018-10-01 $294,625 (7.1%) $300,498 (7.4%) 0.00 113
    2018-11-01 $299,000 (8.7%) $309,788 (10.2%) 0.00 105
    2018-12-01 $299,000 (3.1%) $302,843 (4.2%) 0.00 97
    2019-01-01 $299,000 (3.1%) $302,892 (6.9%) 0.00 91
    2019-02-01 $299,000 (3.1%) $309,704 (6.4%) 0.00 84
    2019-03-01 $299,000 (3.1%) $308,934 (2.6%) 0.00 88
    2019-04-01 $299,000 (3.1%) $308,755 (-0.3%) 0.00 105
    2019-05-01 $299,000 (3.1%) $314,851 (2.9%) 0.00 111
    2019-06-01 $299,000 (3.1%) $319,525 (7.0%) 0.00 119
    2019-07-01 $299,119 (3.1%) $335,406 (11.4%) 0.00 127
    2019-08-01 $300,764 (3.7%) $339,439 (11.8%) 0.00 131
    2019-09-01 $304,553 (5.0%) $336,769 (9.4%) 0.00 130
    2019-10-01 $311,250 (5.6%) $343,405 (14.3%) 0.00 126
    2019-11-01 $304,900 (2.0%) $340,490 (9.9%) 0.00 107
    2019-12-01 $299,900 (0.3%) $334,439 (10.4%) 0.00 98
    2020-01-01 $300,825 (0.6%) $338,199 (11.7%) 0.00 98
    2020-02-01 $308,000 (3.0%) $339,466 (9.6%) 0.00 90
    2020-03-01 $299,675 (0.2%) $347,557 (12.5%) 0.00 91
    2020-04-01 $308,625 (3.2%) $354,382 (14.8%) 0.00 90
    2020-05-01 $307,500 (2.8%) $336,047 (6.7%) 0.00 90
    2020-06-01 $321,225 (7.4%) $348,957 (9.2%) 0.00 78
    2020-07-01 $314,688 (5.2%) $343,714 (2.5%) 0.00 74
    2020-08-01 $298,000 (-0.9%) $335,069 (-1.3%) 0.00 60
    2020-09-01 $295,950 (-2.8%) $336,827 (0.0%) 0.00 55
    2020-10-01 $305,000 (-2.0%) $345,120 (0.5%) 0.00 52
    2020-11-01 $303,625 (-0.4%) $323,407 (-5.0%) 0.00 54
    2020-12-01 $279,838 (-6.7%) $310,649 (-7.1%) 0.00 48
    2021-01-01 $264,400 (-12.1%) $313,476 (-7.3%) 0.00 37
    2021-02-01 $305,000 (-1.0%) $347,836 (2.5%) 0.00 31
    2021-03-01 $293,718 (-2.0%) $318,188 (-8.5%) 0.00 27
    2021-04-01 $316,250 (2.5%) $373,456 (5.4%) 0.00 28
    2021-05-01 $334,500 (8.8%) $412,860 (22.9%) 0.00 27
    2021-06-01 $368,475 (14.7%) $415,581 (19.1%) 0.00 34
    2021-07-01 $376,450 (19.6%) $416,307 (21.1%) 0.00 31
    2021-08-01 $368,500 (23.7%) $408,465 (21.9%) 0.00 35
    2021-09-01 $362,500 (22.5%) $387,141 (14.9%) 0.00 40
    2021-10-01 $325,000 (6.6%) $352,465 (2.1%) 0.00 45
    2021-11-01 $325,000 (7.0%) $356,367 (10.2%) 0.00 44
    2021-12-01 $322,500 (15.3%) $360,107 (15.9%) 0.00 91
    2022-01-01 $314,950 (19.1%) $334,104 (6.6%) 0.00 52
    2022-02-01 $322,475 (5.7%) $360,566 (3.7%) 0.00 40
    2022-03-01 $325,000 (10.7%) $361,986 (13.8%) 0.00 37
    2022-04-01 $385,000 (21.7%) $406,043 (8.7%) 0.00 42
    2022-05-01 $448,250 (34.0%) $461,279 (11.7%) 0.00 57
    2022-06-01 $447,750 (21.5%) $467,005 (12.4%) 0.00 66
    2022-07-01 $453,271 (20.4%) $506,794 (21.7%) 0.00 82
    2022-08-01 $455,000 (23.5%) $512,481 (25.5%) 0.00 96
    2022-09-01 $439,000 (21.1%) $497,361 (28.5%) 0.00 105
    2022-10-01 $425,000 (30.8%) $477,933 (35.6%) 0.00 96
    2022-11-01 $412,750 (27.0%) $499,383 (40.1%) 0.00 97
    2022-12-01 $400,000 (24.0%) $533,308 (48.1%) 0.00 92
    2023-01-01 $368,000 (16.8%) $499,341 (49.5%) 0.00 80
    2023-02-01 $395,750 (22.7%) $499,526 (38.5%) 0.00 75
    2023-03-01 $392,500 (20.8%) $508,613 (40.5%) 0.00 75
    2023-04-01 $375,000 (-2.6%) $515,745 (27.0%) 0.00 77
    2023-05-01 $408,500 (-8.9%) $534,298 (15.8%) 0.00 85
    2023-06-01 $416,250 (-7.0%) $524,831 (12.4%) 0.00 83
    2023-07-01 $440,000 (-2.9%) $528,212 (4.2%) 0.00 82
    2023-08-01 $406,250 (-10.7%) $498,820 (-2.7%) 0.00 93
    2023-09-01 $399,000 (-9.1%) $518,723 (4.3%) 0.00 88
    2023-10-01 $392,500 (-7.7%) $509,707 (6.7%) 0.00 87
    2023-11-01 $387,950 (-6.0%) $463,816 (-7.1%) 0.00 86
    2023-12-01 $375,000 (-6.3%) $441,213 (-17.3%) 0.00 89
    2024-01-01 $368,250 (0.1%) $435,627 (-12.8%) 0.00 77
    2024-02-01 $362,475 (-8.4%) $427,019 (-14.5%) 0.00 71
    2024-03-01 $362,000 (-7.8%) $418,637 (-17.7%) 0.00 71
    2024-04-01 $381,000 (1.6%) $446,032 (-13.5%) 0.00 85
    2024-05-01 $377,000 (-7.7%) $435,960 (-18.4%) 0.00 85
    2024-06-01 $375,000 (-9.9%) $423,536 (-19.3%) 0.00 90
    2024-07-01 $412,500 (-6.3%) $449,865 (-14.8%) 0.00 78
    2024-08-01 $402,500 (-0.9%) $442,993 (-11.2%) 0.00 92
    2024-09-01 $386,225 (-3.2%) $455,220 (-12.2%) 0.00 113
    2024-10-01 $373,475 (-4.9%) $466,959 (-8.4%) 0.00 114
    2024-11-01 $375,000 (-3.3%) $481,632 (3.8%) 0.00 119
    2024-12-01 $365,500 (-2.5%) $469,287 (6.4%) 0.00 126
    2025-01-01 $367,252 (-0.3%) $464,946 (6.7%) 0.00 124
    2025-02-01 $354,950 (-2.1%) $459,937 (7.7%) 0.00 114
    2025-03-01 $370,000 (2.2%) $481,060 (14.9%) 0.00 119
    2025-04-01 $398,000 (4.5%) $498,414 (11.7%) 0.00 142
    2025-05-01 $408,500 (8.4%) $498,004 (14.2%) 0.00 148
    Fort Morgan's median listing price for 2025-05-01 was $408,500, a difference of $31,500 (8.4%) versus the prior year and $10,500 versus the prior month.

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

    Fort Morgan's average listing price for 2025-05-01 was $498,004, a difference of $62,044 (14.2%) versus the prior year and $-410 versus the prior month.

    For the 2025-05-01 period, Fort Morgan had 148 MLS listings, a difference of 6 listings (4%) versus the prior month and 63 listings (74%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fort Morgan (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,915 sqft
    2018-02-01 0 days 1,898 sqft
    2018-03-01 0 days 2,012 sqft
    2018-04-01 0 days 2,226 sqft
    2018-05-01 0 days 2,233 sqft
    2018-06-01 0 days 2,080 sqft
    2018-07-01 0 days 2,126 sqft
    2018-08-01 0 days 2,175 sqft
    2018-09-01 0 days 2,184 sqft
    2018-10-01 0 days 2,087 sqft
    2018-11-01 0 days 2,176 sqft
    2018-12-01 0 days 2,275 sqft
    2019-01-01 0 days 2,184 sqft
    2019-02-01 0 days 2,171 sqft
    2019-03-01 0 days 2,191 sqft
    2019-04-01 0 days 2,207 sqft
    2019-05-01 0 days 2,217 sqft
    2019-06-01 0 days 2,311 sqft
    2019-07-01 0 days 2,351 sqft
    2019-08-01 0 days 2,363 sqft
    2019-09-01 0 days 2,369 sqft
    2019-10-01 0 days 2,417 sqft
    2019-11-01 0 days 2,404 sqft
    2019-12-01 0 days 2,422 sqft
    2020-01-01 0 days 2,411 sqft
    2020-02-01 0 days 2,466 sqft
    2020-03-01 0 days 2,480 sqft
    2020-04-01 0 days 2,491 sqft
    2020-05-01 0 days 2,336 sqft
    2020-06-01 0 days 2,480 sqft
    2020-07-01 0 days 2,275 sqft
    2020-08-01 0 days 2,180 sqft
    2020-09-01 0 days 2,210 sqft
    2020-10-01 0 days 2,369 sqft
    2020-11-01 0 days 2,223 sqft
    2020-12-01 0 days 2,110 sqft
    2021-01-01 0 days 2,315 sqft
    2021-02-01 0 days 2,075 sqft
    2021-03-01 0 days 2,112 sqft
    2021-04-01 0 days 2,246 sqft
    2021-05-01 0 days 2,235 sqft
    2021-06-01 0 days 2,181 sqft
    2021-07-01 0 days 2,335 sqft
    2021-08-01 0 days 2,227 sqft
    2021-09-01 0 days 2,127 sqft
    2021-10-01 0 days 1,981 sqft
    2021-11-01 0 days 2,027 sqft
    2021-12-01 0 days 2,030 sqft
    2022-01-01 0 days 2,020 sqft
    2022-02-01 0 days 2,020 sqft
    2022-03-01 0 days 2,099 sqft
    2022-04-01 0 days 2,264 sqft
    2022-05-01 0 days 2,772 sqft
    2022-06-01 0 days 2,795 sqft
    2022-07-01 0 days 2,754 sqft
    2022-08-01 0 days 2,770 sqft
    2022-09-01 0 days 2,491 sqft
    2022-10-01 0 days 2,300 sqft
    2022-11-01 0 days 2,300 sqft
    2022-12-01 0 days 2,280 sqft
    2023-01-01 0 days 2,086 sqft
    2023-02-01 0 days 2,233 sqft
    2023-03-01 0 days 2,176 sqft
    2023-04-01 0 days 2,104 sqft
    2023-05-01 0 days 2,252 sqft
    2023-06-01 0 days 2,449 sqft
    2023-07-01 0 days 2,478 sqft
    2023-08-01 0 days 2,465 sqft
    2023-09-01 0 days 2,375 sqft
    2023-10-01 0 days 2,444 sqft
    2023-11-01 0 days 2,446 sqft
    2023-12-01 0 days 2,402 sqft
    2024-01-01 0 days 2,294 sqft
    2024-02-01 0 days 2,376 sqft
    2024-03-01 0 days 1,936 sqft
    2024-04-01 0 days 2,224 sqft
    2024-05-01 0 days 2,238 sqft
    2024-06-01 0 days 2,321 sqft
    2024-07-01 0 days 2,342 sqft
    2024-08-01 0 days 2,132 sqft
    2024-09-01 0 days 2,084 sqft
    2024-10-01 0 days 2,212 sqft
    2024-11-01 0 days 2,242 sqft
    2024-12-01 0 days 2,278 sqft
    2025-01-01 0 days 2,280 sqft
    2025-02-01 0 days 2,222 sqft
    2025-03-01 0 days 2,280 sqft
    2025-04-01 0 days 2,421 sqft
    2025-05-01 0 days 2,397 sqft
    Fort Morgan's median listing age (time on market) for 2025-05-01 was 0 days.

    Fort Morgan's median square footage for active listings during the 2025-05-01 period was 2,397 sqft. One year prior, the average listing was 2,238 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.