Fremont VA Loan Rates, Closing Costs & Stats

Fremont, OH

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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.

    Fremont's 23 lenders originated 62 VA loans during 2023. The total origination value was $12,080,000, with an average VA loan value of $194,839.

    Fremont VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Fremont averaged 6.8% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Fremont's average VA mortgage closing costs are $4,666.

    The average rate for the prior week (2024-04-12) was 7.03% and one month ago for the week of 2024-03-15, the average rate was 6.8%.

    The average rate one year ago was 6.39%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.56%.

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

    Fremont 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 Fremont level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 21 6.63% $6,758
    NAVY FEDERAL CREDIT UNION 7 5.79% $8,279
    QUICKEN LOANS, LLC 5 6.42% $8,560
    LOANDEPOT.COM, LLC 3 6.83% $7,694
    CROSSCOUNTRY MORTGAGE, LLC 2 6.50% $6,575
    EQUITY RESOURCES, INC. 2 6.56% $5,848
    GUARANTEED RATE, INC. 2 6.24% $3,698
    PLAZA HOME MORTGAGE, INC. 2 6.25% $5,574
    VILLAGE CAPITAL MORTGAGE 2 6.50% $6,345
    Flagstar Bank, FSB 1 6.00% $5,727
    Mr. Cooper ( Nationstar Mortgage ) 1 5.25% $8,845
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $3,111
    First Federal Savings and Loan Association of Lakewood 1 7.25% $4,420
    NEW DAY FINANCIAL, LLC 1 7.50% $11,047
    NEWREZ LLC 1 6.75% $4,039
    USAA Federal Savings Bank 1 5.00% $10,273
    PNC Bank 1 6.25% $5,786
    Fifth Third Bank 1 7.00% $7,560
    The Federal Savings Bank 1 7.25% $3,131
    The Huntington National Bank 1 7.13% $9,466
    UNITED WHOLESALE MORTGAGE, LLC 1 4.88% $8,343
    FREEDOM MORTGAGE CORPORATION 1 7.75% $14,936
    MID AMERICA MORTGAGE, INC. 1 5.50% $22,575

    The top Fremont VA lender as defined by loan originations is Mortgage Research Center, LLC, with 21 VA loans originated. Their average total fees are $6,758, which is $1,521 lower than the next largest lender, NAVY FEDERAL CREDIT UNION.

    The lowest fee Fremont VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,758), .

    The lowest rate Fremont VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.63%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fremont (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 $109,425 (28.9%) $156,475 (40.8%) 0.00 136
    2018-02-01 $114,900 (27.8%) $155,633 (27.8%) 0.00 125
    2018-03-01 $110,544 (25.6%) $162,824 (33.3%) 0.00 112
    2018-04-01 $116,750 (24.9%) $163,625 (24.5%) 0.00 117
    2018-05-01 $125,950 (29.7%) $168,388 (22.1%) 0.00 120
    2018-06-01 $129,900 (23.8%) $179,830 (21.9%) 0.00 119
    2018-07-01 $132,725 (14.2%) $180,843 (13.3%) 0.00 137
    2018-08-01 $132,725 (11.8%) $179,957 (14.1%) 0.00 146
    2018-09-01 $126,900 (6.7%) $170,952 (10.1%) 0.00 142
    2018-10-01 $117,450 (-1.3%) $164,960 (4.2%) 0.00 138
    2018-11-01 $107,167 (-9.0%) $157,934 (3.0%) 0.00 137
    2018-12-01 $100,500 (-7.8%) $149,494 (-2.0%) 0.00 128
    2019-01-01 $98,450 (-10.0%) $146,927 (-6.1%) 0.00 120
    2019-02-01 $104,625 (-8.9%) $147,647 (-5.1%) 0.00 115
    2019-03-01 $114,857 (3.9%) $155,165 (-4.7%) 0.00 111
    2019-04-01 $125,932 (7.9%) $162,682 (-0.6%) 0.00 110
    2019-05-01 $129,175 (2.6%) $167,082 (-0.8%) 0.00 119
    2019-06-01 $127,000 (-2.2%) $161,094 (-10.4%) 0.00 132
    2019-07-01 $125,175 (-5.7%) $159,502 (-11.8%) 0.00 125
    2019-08-01 $124,927 (-5.9%) $157,093 (-12.7%) 0.00 124
    2019-09-01 $124,968 (-1.5%) $153,749 (-10.1%) 0.00 133
    2019-10-01 $123,720 (5.3%) $151,520 (-8.2%) 0.00 139
    2019-11-01 $128,450 (19.9%) $148,089 (-6.2%) 0.00 138
    2019-12-01 $129,425 (28.8%) $142,618 (-4.6%) 0.00 118
    2020-01-01 $131,925 (34.0%) $141,399 (-3.8%) 0.00 102
    2020-02-01 $98,000 (-6.3%) $126,823 (-14.1%) 0.00 105
    2020-03-01 $103,850 (-9.6%) $131,096 (-15.5%) 0.00 98
    2020-04-01 $108,700 (-13.7%) $127,369 (-21.7%) 0.00 93
    2020-05-01 $109,900 (-14.9%) $130,173 (-22.1%) 0.00 92
    2020-06-01 $124,975 (-1.6%) $166,462 (3.3%) 0.00 59
    2020-07-01 $140,500 (12.2%) $174,382 (9.3%) 0.00 53
    2020-08-01 $149,700 (19.8%) $167,757 (6.8%) 0.00 64
    2020-09-01 $119,950 (-4.0%) $145,707 (-5.2%) 0.00 80
    2020-10-01 $124,900 (1.0%) $148,195 (-2.2%) 0.00 79
    2020-11-01 $119,000 (-7.4%) $147,545 (-0.4%) 0.00 75
    2020-12-01 $124,950 (-3.5%) $145,868 (2.3%) 0.00 67
    2021-01-01 $120,000 (-9.0%) $140,944 (-0.3%) 0.00 55
    2021-02-01 $129,925 (32.6%) $145,239 (14.5%) 0.00 46
    2021-03-01 $120,750 (16.3%) $145,957 (11.3%) 0.00 40
    2021-04-01 $134,050 (23.3%) $153,066 (20.2%) 0.00 31
    2021-05-01 $149,500 (36.0%) $164,229 (26.2%) 0.00 30
    2021-06-01 $172,675 (38.2%) $178,415 (7.2%) 0.00 37
    2021-07-01 $175,000 (24.6%) $189,146 (8.5%) 0.00 51
    2021-08-01 $199,750 (33.4%) $200,087 (19.3%) 0.00 62
    2021-09-01 $172,975 (44.2%) $193,345 (32.7%) 0.00 66
    2021-10-01 $172,400 (38.0%) $189,011 (27.5%) 0.00 70
    2021-11-01 $162,450 (36.5%) $181,587 (23.1%) 0.00 66
    2021-12-01 $136,150 (9.0%) $171,606 (17.6%) 0.00 49
    2022-01-01 $155,450 (29.5%) $184,903 (31.2%) 0.00 40
    2022-02-01 $167,400 (28.8%) $192,261 (32.4%) 0.00 37
    2022-03-01 $147,000 (21.7%) $173,462 (18.8%) 0.00 42
    2022-04-01 $145,000 (8.2%) $175,010 (14.3%) 0.00 36
    2022-05-01 $164,425 (10.0%) $194,109 (18.2%) 0.00 45
    2022-06-01 $156,800 (-9.2%) $183,968 (3.1%) 0.00 54
    2022-07-01 $149,900 (-14.3%) $182,584 (-3.5%) 0.00 66
    2022-08-01 $141,650 (-29.1%) $173,322 (-13.4%) 0.00 68
    2022-09-01 $157,000 (-9.2%) $201,362 (4.2%) 0.00 62
    2022-10-01 $149,950 (-13.0%) $195,171 (3.3%) 0.00 66
    2022-11-01 $162,850 (0.3%) $179,391 (-1.2%) 0.00 50
    2022-12-01 $154,950 (13.8%) $171,682 (0.0%) 0.00 52
    2023-01-01 $143,225 (-7.9%) $161,180 (-12.8%) 0.00 44
    2023-02-01 $154,750 (-7.6%) $192,677 (0.2%) 0.00 27
    2023-03-01 $164,975 (12.2%) $188,732 (8.8%) 0.00 30
    2023-04-01 $185,000 (27.6%) $220,516 (26.0%) 0.00 31
    2023-05-01 $206,000 (25.3%) $240,476 (23.9%) 0.00 37
    2023-06-01 $227,500 (45.1%) $239,055 (29.9%) 0.00 48
    2023-07-01 $225,500 (50.4%) $243,526 (33.4%) 0.00 45
    2023-08-01 $225,950 (59.5%) $247,336 (42.7%) 0.00 49
    2023-09-01 $202,250 (28.8%) $230,878 (14.7%) 0.00 52
    2023-10-01 $187,325 (24.9%) $224,674 (15.1%) 0.00 48
    2023-11-01 $187,483 (15.1%) $212,796 (18.6%) 0.00 56
    2023-12-01 $177,400 (14.5%) $209,612 (22.1%) 0.00 52
    2024-01-01 $167,400 (16.9%) $200,221 (24.2%) 0.00 52
    2024-02-01 $162,450 (5.0%) $202,538 (5.1%) 0.00 50
    2024-03-01 $190,950 (15.7%) $227,718 (20.7%) 0.00 42
    Fremont's median listing price for 2024-03-01 was $190,950, a difference of $25,975 (15.7%) versus the prior year and $28,500 versus the prior month.

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

    Fremont's average listing price for 2024-03-01 was $227,718, a difference of $38,986 (20.7%) versus the prior year and $25,180 versus the prior month.

    For the 2024-03-01 period, Fremont had 42 MLS listings, a difference of -8 listings (-16%) versus the prior month and 12 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fremont (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,588 sqft
    2018-02-01 0 days 1,645 sqft
    2018-03-01 0 days 1,696 sqft
    2018-04-01 0 days 1,688 sqft
    2018-05-01 0 days 1,673 sqft
    2018-06-01 0 days 1,676 sqft
    2018-07-01 0 days 1,712 sqft
    2018-08-01 0 days 1,752 sqft
    2018-09-01 0 days 1,740 sqft
    2018-10-01 0 days 1,704 sqft
    2018-11-01 0 days 1,652 sqft
    2018-12-01 0 days 1,598 sqft
    2019-01-01 0 days 1,578 sqft
    2019-02-01 0 days 1,577 sqft
    2019-03-01 0 days 1,625 sqft
    2019-04-01 0 days 1,664 sqft
    2019-05-01 0 days 1,667 sqft
    2019-06-01 0 days 1,598 sqft
    2019-07-01 0 days 1,666 sqft
    2019-08-01 0 days 1,649 sqft
    2019-09-01 0 days 1,639 sqft
    2019-10-01 0 days 1,633 sqft
    2019-11-01 0 days 1,629 sqft
    2019-12-01 0 days 1,628 sqft
    2020-01-01 0 days 1,596 sqft
    2020-02-01 0 days 1,542 sqft
    2020-03-01 0 days 1,577 sqft
    2020-04-01 0 days 1,590 sqft
    2020-05-01 0 days 1,572 sqft
    2020-06-01 0 days 1,724 sqft
    2020-07-01 0 days 1,773 sqft
    2020-08-01 0 days 1,773 sqft
    2020-09-01 0 days 1,815 sqft
    2020-10-01 0 days 1,717 sqft
    2020-11-01 0 days 1,698 sqft
    2020-12-01 0 days 1,624 sqft
    2021-01-01 0 days 1,570 sqft
    2021-02-01 0 days 1,687 sqft
    2021-03-01 0 days 1,711 sqft
    2021-04-01 0 days 1,719 sqft
    2021-05-01 0 days 1,618 sqft
    2021-06-01 0 days 1,721 sqft
    2021-07-01 0 days 1,734 sqft
    2021-08-01 0 days 1,773 sqft
    2021-09-01 0 days 1,717 sqft
    2021-10-01 0 days 1,658 sqft
    2021-11-01 0 days 1,647 sqft
    2021-12-01 0 days 1,627 sqft
    2022-01-01 0 days 1,753 sqft
    2022-02-01 0 days 1,773 sqft
    2022-03-01 0 days 1,581 sqft
    2022-04-01 0 days 1,654 sqft
    2022-05-01 0 days 1,659 sqft
    2022-06-01 0 days 1,579 sqft
    2022-07-01 0 days 1,580 sqft
    2022-08-01 0 days 1,502 sqft
    2022-09-01 0 days 1,542 sqft
    2022-10-01 0 days 1,540 sqft
    2022-11-01 0 days 1,550 sqft
    2022-12-01 0 days 1,504 sqft
    2023-01-01 0 days 1,487 sqft
    2023-02-01 0 days 1,600 sqft
    2023-03-01 0 days 1,571 sqft
    2023-04-01 0 days 1,619 sqft
    2023-05-01 0 days 1,624 sqft
    2023-06-01 0 days 1,711 sqft
    2023-07-01 0 days 1,728 sqft
    2023-08-01 0 days 1,774 sqft
    2023-09-01 0 days 1,652 sqft
    2023-10-01 0 days 1,564 sqft
    2023-11-01 0 days 1,542 sqft
    2023-12-01 0 days 1,514 sqft
    2024-01-01 0 days 1,499 sqft
    2024-02-01 0 days 1,535 sqft
    2024-03-01 0 days 1,600 sqft
    Fremont's median listing age (time on market) for 2024-03-01 was 0 days.

    Fremont's median square footage for active listings during the 2024-03-01 period was 1,600 sqft. One year prior, the average listing was 1,571 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.