Fort Worth VA Loans
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 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's 273 lenders originated 9,005 VA loans during 2021. The total origination value was $2,786,975,000, with an average VA loan value of $309,492.
Fort Worth VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Fort Worth
averaged
4.83%
for the week of 2022-03-25, compared to the national average (all VA variants) of
4.399% for the same period.
The average rate for the prior week (2022-03-18) was
4.51% and
one month ago for the week of 2022-02-18, the
average rate was 4.42%.
The average rate one year ago was 3.5%.
For refis of the same type during the week of 2022-03-25, the average rate
was 4.53%.
Fort Worth VA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Fort Worth level.
The top Fort Worth VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with
767 VA loans originated. Their average total fees are
$2,923, which is $4,344
lower than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Fort Worth VA lenders (with over 10 loans originated) are
PENTAGON FEDERAL CREDIT UNION ($2,242), Lakeview Community Capital, LLC ($2,836), FREEDOM MORTGAGE CORPORATION ($2,923), AmeriHome Mortgage Company, LLC ($3,066) and LAKEVIEW LOAN SERVICING, LLC ($3,080).
The lowest rate Fort Worth VA lenders (with over 10 loans originated) are
ACCELERATE MORTGAGE, LLC (2.13%), BNC National Bank (2.29%), CLEARPATH LENDING (2.29%), PENTAGON FEDERAL CREDIT UNION (2.31%) and PENNYMAC LOAN SERVICES, LLC (2.31%).
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 | $351,878 (0.5%) | $495,654 (-1.6%) | 1.30 | 14,408 |
| 2018-02-01 | $367,586 (1.5%) | $519,017 (0.1%) | 1.33 | 14,403 |
| 2018-03-01 | $370,000 (0.1%) | $526,908 (-1.7%) | 1.28 | 15,331 |
| 2018-04-01 | $376,369 (-0.7%) | $536,251 (-2.1%) | 1.26 | 16,677 |
| 2018-05-01 | $384,950 (1.6%) | $543,991 (-1.0%) | 1.28 | 18,262 |
| 2018-06-01 | $374,900 (0.0%) | $525,365 (-2.4%) | 1.25 | 20,224 |
| 2018-07-01 | $366,250 (0.2%) | $511,223 (-1.9%) | 1.22 | 22,140 |
| 2018-08-01 | $349,950 (-1.7%) | $485,936 (-2.3%) | 1.17 | 22,475 |
| 2018-09-01 | $345,000 (-1.4%) | $482,649 (-2.7%) | 1.15 | 22,382 |
| 2018-10-01 | $342,520 (-2.1%) | $481,161 (-3.4%) | 1.15 | 22,509 |
| 2018-11-01 | $340,000 (-2.9%) | $482,594 (-2.6%) | 1.14 | 22,084 |
| 2018-12-01 | $339,000 (-3.1%) | $476,066 (-3.1%) | 1.16 | 20,347 |
| 2019-01-01 | $338,000 (-3.9%) | $470,639 (-5.1%) | 1.17 | 18,975 |
| 2019-02-01 | $344,738 (-6.2%) | $483,746 (-6.8%) | 1.15 | 19,188 |
| 2019-03-01 | $351,957 (-4.9%) | $498,132 (-5.5%) | 1.15 | 19,833 |
| 2019-04-01 | $359,700 (-4.4%) | $511,026 (-4.7%) | 1.13 | 20,734 |
| 2019-05-01 | $360,000 (-6.5%) | $509,897 (-6.3%) | 1.11 | 21,981 |
| 2019-06-01 | $358,400 (-4.4%) | $504,692 (-3.9%) | 1.10 | 23,540 |
| 2019-07-01 | $353,450 (-3.5%) | $493,702 (-3.4%) | 1.10 | 24,435 |
| 2019-08-01 | $347,757 (-0.6%) | $481,341 (-1.0%) | 1.09 | 23,890 |
| 2019-09-01 | $344,226 (-0.2%) | $478,149 (-0.9%) | 1.09 | 23,144 |
| 2019-10-01 | $341,740 (-0.2%) | $477,954 (-0.7%) | 1.09 | 23,402 |
| 2019-11-01 | $340,000 (0.0%) | $475,723 (-1.4%) | 1.10 | 21,903 |
| 2019-12-01 | $335,436 (-1.1%) | $468,817 (-1.5%) | 1.12 | 19,514 |
| 2020-01-01 | $333,388 (-1.4%) | $465,385 (-1.1%) | 1.11 | 17,767 |
| 2020-02-01 | $339,900 (-1.4%) | $475,261 (-1.8%) | 1.10 | 17,440 |
| 2020-03-01 | $342,495 (-2.7%) | $481,248 (-3.4%) | 1.07 | 18,088 |
| 2020-04-01 | $339,479 (-5.6%) | $470,711 (-7.9%) | 1.06 | 18,523 |
| 2020-05-01 | $349,900 (-2.8%) | $497,619 (-2.4%) | 1.06 | 18,581 |
| 2020-06-01 | $356,000 (-0.7%) | $515,387 (2.1%) | 1.04 | 16,756 |
| 2020-07-01 | $359,846 (1.8%) | $523,384 (6.0%) | 1.03 | 15,709 |
| 2020-08-01 | $359,990 (3.5%) | $532,123 (10.6%) | 1.03 | 14,567 |
| 2020-09-01 | $359,550 (4.5%) | $543,543 (13.7%) | 1.03 | 13,442 |
| 2020-10-01 | $356,000 (4.2%) | $549,352 (14.9%) | 1.02 | 12,456 |
| 2020-11-01 | $358,950 (5.6%) | $559,768 (17.7%) | 1.03 | 11,106 |
| 2020-12-01 | $353,995 (5.5%) | $558,517 (19.1%) | 1.04 | 9,391 |
| 2021-01-01 | $349,900 (5.0%) | $550,512 (18.3%) | 1.03 | 8,041 |
| 2021-02-01 | $358,495 (5.5%) | $578,669 (21.8%) | 1.03 | 6,218 |
| 2021-03-01 | $361,413 (5.5%) | $581,201 (20.8%) | 1.01 | 5,730 |
| 2021-04-01 | $373,495 (10.0%) | $602,114 (27.9%) | 1.00 | 5,618 |
| 2021-05-01 | $379,900 (8.6%) | $587,549 (18.1%) | 1.00 | 5,936 |
| 2021-06-01 | $387,000 (8.7%) | $594,650 (15.4%) | 1.01 | 6,873 |
| 2021-07-01 | $395,000 (9.8%) | $580,237 (10.9%) | 1.03 | 8,098 |
| 2021-08-01 | $395,300 (9.8%) | $567,592 (6.7%) | 1.04 | 9,132 |
| 2021-09-01 | $396,080 (10.2%) | $562,909 (3.6%) | 1.04 | 8,860 |
| 2021-10-01 | $397,072 (11.5%) | $576,139 (4.9%) | 1.04 | 8,246 |
| 2021-11-01 | $400,000 (11.4%) | $585,654 (4.6%) | 1.05 | 7,339 |
| 2021-12-01 | $399,950 (13.0%) | $585,819 (4.9%) | 1.07 | 6,252 |
| 2022-01-01 | $400,000 (14.3%) | $598,299 (8.7%) | 1.07 | 4,910 |
Fort Worth's median listing price comes in at 107% of the national average.
Fort Worth's average listing price for 2022-01-01 was $598,299, a difference of $47,787 (8.7%) versus the prior year and $12,480 versus the prior month.
For the 2022-01-01 period, Fort Worth had 4,910 MLS listings, a difference of -1,342 listings (-21%) versus the prior month and -3,131 listings (-39%) 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 | 66 days | 2,585 sqft |
| 2018-02-01 | 52 days | 2,631 sqft |
| 2018-03-01 | 44 days | 2,644 sqft |
| 2018-04-01 | 43 days | 2,672 sqft |
| 2018-05-01 | 39 days | 2,723 sqft |
| 2018-06-01 | 42 days | 2,669 sqft |
| 2018-07-01 | 42 days | 2,627 sqft |
| 2018-08-01 | 48 days | 2,545 sqft |
| 2018-09-01 | 53 days | 2,509 sqft |
| 2018-10-01 | 58 days | 2,480 sqft |
| 2018-11-01 | 59 days | 2,457 sqft |
| 2018-12-01 | 66 days | 2,426 sqft |
| 2019-01-01 | 70 days | 2,399 sqft |
| 2019-02-01 | 59 days | 2,424 sqft |
| 2019-03-01 | 49 days | 2,462 sqft |
| 2019-04-01 | 45 days | 2,494 sqft |
| 2019-05-01 | 45 days | 2,508 sqft |
| 2019-06-01 | 49 days | 2,500 sqft |
| 2019-07-01 | 49 days | 2,477 sqft |
| 2019-08-01 | 51 days | 2,424 sqft |
| 2019-09-01 | 56 days | 2,402 sqft |
| 2019-10-01 | 57 days | 2,392 sqft |
| 2019-11-01 | 59 days | 2,387 sqft |
| 2019-12-01 | 65 days | 2,338 sqft |
| 2020-01-01 | 68 days | 2,320 sqft |
| 2020-02-01 | 57 days | 2,329 sqft |
| 2020-03-01 | 46 days | 2,340 sqft |
| 2020-04-01 | 50 days | 2,316 sqft |
| 2020-05-01 | 55 days | 2,374 sqft |
| 2020-06-01 | 48 days | 2,387 sqft |
| 2020-07-01 | 47 days | 2,379 sqft |
| 2020-08-01 | 46 days | 2,360 sqft |
| 2020-09-01 | 46 days | 2,312 sqft |
| 2020-10-01 | 48 days | 2,280 sqft |
| 2020-11-01 | 50 days | 2,248 sqft |
| 2020-12-01 | 52 days | 2,194 sqft |
| 2021-01-01 | 53 days | 2,144 sqft |
| 2021-02-01 | 43 days | 2,147 sqft |
| 2021-03-01 | 41 days | 2,145 sqft |
| 2021-04-01 | 33 days | 2,141 sqft |
| 2021-05-01 | 31 days | 2,167 sqft |
| 2021-06-01 | 29 days | 2,169 sqft |
| 2021-07-01 | 30 days | 2,164 sqft |
| 2021-08-01 | 31 days | 2,169 sqft |
| 2021-09-01 | 36 days | 2,162 sqft |
| 2021-10-01 | 37 days | 2,150 sqft |
| 2021-11-01 | 39 days | 2,150 sqft |
| 2021-12-01 | 43 days | 2,145 sqft |
| 2022-01-01 | 43 days | 2,116 sqft |
Fort Worth's median square footage for active listings during the 2022-01-01 period was 2,116 sqft. One year prior, the average listing was 2,144 sqft.
