Fort Worth VA Loan Rates, Closing Costs & Stats

FORT WORTH-ARLINGTON-GRAPEVINE, TX

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 Worth VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Fort Worth averaged 0% for the week of 2023-11-17, compared to the national average (all VA variants) of 7.057% for the same period.

Fort Worth's average VA mortgage closing costs are $0.

The average rate for the prior week (2023-11-10) was 0% and one month ago for the week of 2023-10-13, the average rate was 0%.

The average rate one year ago was 0%.

For refis of the same type during the week of 2023-11-17, the average rate was 0%.

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

Fort Worth 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 Worth level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Fort Worth (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 $354,950 (0.0%) $496,773 (-2.5%) 1.32 14,317
2018-02-01 $369,450 (0.7%) $519,841 (-0.8%) 1.34 14,306
2018-03-01 $374,279 (0.0%) $528,271 (-2.6%) 1.31 15,283
2018-04-01 $378,710 (-0.3%) $537,030 (-3.0%) 1.28 16,642
2018-05-01 $384,950 (0.8%) $543,163 (-1.7%) 1.29 18,234
2018-06-01 $374,900 (0.0%) $525,196 (-2.9%) 1.25 20,162
2018-07-01 $366,000 (-0.7%) $511,276 (-2.3%) 1.22 22,057
2018-08-01 $350,000 (-2.0%) $486,556 (-2.3%) 1.17 22,552
2018-09-01 $347,124 (-0.8%) $482,982 (-2.8%) 1.17 22,653
2018-10-01 $345,000 (-1.6%) $482,496 (-3.3%) 1.17 22,820
2018-11-01 $344,900 (-1.5%) $482,687 (-2.9%) 1.17 22,380
2018-12-01 $339,990 (-2.9%) $476,790 (-3.4%) 1.17 20,551
2019-01-01 $339,945 (-4.2%) $472,034 (-5.0%) 1.17 19,006
2019-02-01 $347,450 (-6.0%) $486,361 (-6.4%) 1.17 19,532
2019-03-01 $353,714 (-5.5%) $497,752 (-5.8%) 1.16 20,208
2019-04-01 $360,000 (-4.9%) $508,687 (-5.3%) 1.14 21,056
2019-05-01 $364,440 (-5.3%) $508,099 (-6.5%) 1.14 22,298
2019-06-01 $359,085 (-4.2%) $503,330 (-4.2%) 1.12 23,926
2019-07-01 $355,098 (-3.0%) $493,681 (-3.4%) 1.11 24,747
2019-08-01 $347,924 (-0.6%) $481,621 (-1.0%) 1.10 24,720
2019-09-01 $344,825 (-0.7%) $477,904 (-1.1%) 1.10 24,331
2019-10-01 $344,002 (-0.3%) $477,189 (-1.1%) 1.11 23,820
2019-11-01 $342,900 (-0.6%) $476,180 (-1.4%) 1.12 22,157
2019-12-01 $337,495 (-0.7%) $469,599 (-1.5%) 1.13 19,639
2020-01-01 $336,000 (-1.2%) $466,360 (-1.2%) 1.12 17,957
2020-02-01 $340,000 (-2.1%) $474,889 (-2.4%) 1.11 17,651
2020-03-01 $329,221 (-6.9%) $449,476 (-9.7%) 1.03 19,676
2020-04-01 $339,996 (-5.6%) $471,118 (-7.4%) 1.07 18,627
2020-05-01 $350,000 (-4.0%) $497,328 (-2.1%) 1.06 18,812
2020-06-01 $359,000 (0.0%) $514,743 (2.3%) 1.06 16,987
2020-07-01 $360,000 (1.4%) $523,066 (6.0%) 1.04 15,874
2020-08-01 $360,000 (3.5%) $531,259 (10.3%) 1.03 14,754
2020-09-01 $361,500 (4.8%) $542,661 (13.6%) 1.04 13,612
2020-10-01 $359,000 (4.4%) $549,697 (15.2%) 1.03 12,753
2020-11-01 $361,450 (5.4%) $559,759 (17.6%) 1.06 11,200
2020-12-01 $357,430 (5.9%) $558,809 (19.0%) 1.06 9,439
2021-01-01 $350,000 (4.2%) $551,662 (18.3%) 1.04 8,099
2021-02-01 $359,450 (5.7%) $576,809 (21.5%) 1.05 6,251
2021-03-01 $363,998 (10.6%) $577,637 (28.5%) 1.03 5,854
2021-04-01 $375,000 (10.3%) $593,494 (26.0%) 1.02 5,720
2021-05-01 $380,000 (8.6%) $582,529 (17.1%) 1.01 6,042
2021-06-01 $389,900 (8.6%) $589,826 (14.6%) 1.03 6,976
2021-07-01 $395,600 (9.9%) $575,387 (10.0%) 1.04 8,421
2021-08-01 $399,000 (10.8%) $565,291 (6.4%) 1.06 9,275
2021-09-01 $398,431 (10.2%) $562,490 (3.7%) 1.06 8,944
2021-10-01 $399,000 (11.1%) $574,764 (4.6%) 1.06 8,284
2021-11-01 $400,000 (10.7%) $583,175 (4.2%) 1.07 7,363
2021-12-01 $400,000 (11.9%) $583,647 (4.4%) 1.08 6,269
2022-01-01 $401,988 (14.9%) $596,448 (8.1%) 1.09 4,905
2022-02-01 $412,000 (14.6%) $639,573 (10.9%) 1.07 4,149
2022-03-01 $425,000 (16.8%) $656,642 (13.7%) 1.06 4,558
2022-04-01 $441,320 (17.7%) $672,621 (13.3%) 1.05 5,427
2022-05-01 $475,500 (25.1%) $677,523 (16.3%) 1.09 8,080
2022-06-01 $490,233 (25.7%) $672,274 (14.0%) 1.09 11,276
2022-07-01 $480,000 (21.3%) $644,455 (12.0%) 1.08 14,838
2022-08-01 $462,500 (15.9%) $617,732 (9.3%) 1.07 16,529
2022-09-01 $453,950 (13.9%) $610,801 (8.6%) 1.06 16,501
2022-10-01 $449,999 (12.8%) $612,183 (6.5%) 1.06 17,465
2022-11-01 $447,500 (11.9%) $609,026 (4.4%) 1.08 17,883
2022-12-01 $438,959 (9.7%) $598,143 (2.5%) 1.08 16,322
2023-01-01 $432,500 (7.6%) $589,915 (-1.1%) 1.07 14,677
2023-02-01 $435,000 (5.6%) $597,856 (-6.5%) 1.05 12,789
2023-03-01 $442,000 (4.0%) $618,429 (-5.8%) 1.04 12,401
2023-04-01 $459,900 (4.2%) $648,815 (-3.5%) 1.07 12,533
2023-05-01 $468,995 (-1.4%) $667,325 (-1.5%) 1.06 13,160
2023-06-01 $472,912 (-3.5%) $671,644 (-0.1%) 1.06 14,674
2023-07-01 $469,999 (-2.1%) $666,049 (3.4%) 1.07 16,142
2023-08-01 $464,376 (0.4%) $651,017 (5.4%) 1.07 16,929
2023-09-01 $450,000 (-0.9%) $643,819 (5.4%) 1.05 17,285
2023-10-01 $449,000 (-0.2%) $647,420 (5.8%) 1.06 18,625
Fort Worth's median listing price for 2023-10-01 was $449,000, a difference of $-999 (-0.2%) versus the prior year and $-1,000 versus the prior month.

Fort Worth's median listing price comes in at 106% of the national average.

Fort Worth's average listing price for 2023-10-01 was $647,420, a difference of $35,237 (5.8%) versus the prior year and $3,601 versus the prior month.

For the 2023-10-01 period, Fort Worth had 18,625 MLS listings, a difference of 1,340 listings (8%) versus the prior month and 1,160 listings (7%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fort Worth (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 64 days 2,590 sqft
2018-02-01 49 days 2,634 sqft
2018-03-01 43 days 2,643 sqft
2018-04-01 39 days 2,675 sqft
2018-05-01 37 days 2,721 sqft
2018-06-01 39 days 2,672 sqft
2018-07-01 40 days 2,627 sqft
2018-08-01 47 days 2,551 sqft
2018-09-01 52 days 2,515 sqft
2018-10-01 56 days 2,498 sqft
2018-11-01 59 days 2,469 sqft
2018-12-01 65 days 2,437 sqft
2019-01-01 67 days 2,414 sqft
2019-02-01 57 days 2,438 sqft
2019-03-01 46 days 2,474 sqft
2019-04-01 44 days 2,506 sqft
2019-05-01 44 days 2,521 sqft
2019-06-01 47 days 2,515 sqft
2019-07-01 49 days 2,489 sqft
2019-08-01 51 days 2,439 sqft
2019-09-01 53 days 2,416 sqft
2019-10-01 54 days 2,405 sqft
2019-11-01 58 days 2,397 sqft
2019-12-01 65 days 2,350 sqft
2020-01-01 66 days 2,327 sqft
2020-02-01 50 days 2,336 sqft
2020-03-01 43 days 2,305 sqft
2020-04-01 49 days 2,328 sqft
2020-05-01 52 days 2,392 sqft
2020-06-01 46 days 2,403 sqft
2020-07-01 45 days 2,396 sqft
2020-08-01 44 days 2,369 sqft
2020-09-01 45 days 2,319 sqft
2020-10-01 46 days 2,294 sqft
2020-11-01 48 days 2,253 sqft
2020-12-01 52 days 2,202 sqft
2021-01-01 49 days 2,155 sqft
2021-02-01 39 days 2,150 sqft
2021-03-01 38 days 2,150 sqft
2021-04-01 30 days 2,146 sqft
2021-05-01 29 days 2,170 sqft
2021-06-01 28 days 2,172 sqft
2021-07-01 28 days 2,170 sqft
2021-08-01 31 days 2,175 sqft
2021-09-01 36 days 2,166 sqft
2021-10-01 36 days 2,154 sqft
2021-11-01 38 days 2,151 sqft
2021-12-01 42 days 2,147 sqft
2022-01-01 41 days 2,123 sqft
2022-02-01 32 days 2,104 sqft
2022-03-01 24 days 2,116 sqft
2022-04-01 23 days 2,153 sqft
2022-05-01 21 days 2,248 sqft
2022-06-01 22 days 2,304 sqft
2022-07-01 29 days 2,293 sqft
2022-08-01 35 days 2,261 sqft
2022-09-01 43 days 2,248 sqft
2022-10-01 44 days 2,246 sqft
2022-11-01 49 days 2,241 sqft
2022-12-01 59 days 2,215 sqft
2023-01-01 64 days 2,189 sqft
2023-02-01 59 days 2,191 sqft
2023-03-01 46 days 2,217 sqft
2023-04-01 39 days 2,272 sqft
2023-05-01 37 days 2,305 sqft
2023-06-01 36 days 2,321 sqft
2023-07-01 37 days 2,318 sqft
2023-08-01 42 days 2,295 sqft
2023-09-01 44 days 2,248 sqft
2023-10-01 46 days 2,226 sqft
Fort Worth's median listing age (time on market) for 2023-10-01 was 46 days. This is 5% longer than the same period one year ago.

Fort Worth's median square footage for active listings during the 2023-10-01 period was 2,226 sqft. One year prior, the average listing was 2,246 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.