Grand Junction VA Loan Rates, Closing Costs & Stats

GRAND JUNCTION, 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.

    Grand Junction's 62 lenders originated 388 VA loans during 2024. The total origination value was $154,400,000, with an average VA loan value of $397,938.

    Grand Junction VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Grand Junction averaged 0.59% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Grand Junction's average VA mortgage closing costs are $6,069.

    The average rate for the prior week (2025-06-27) was 6.92% and one month ago for the week of 2025-05-30, the average rate was 6.85%.

    The average rate one year ago was 7.17%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.08%.

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

    Grand Junction 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 Grand Junction level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 68 5.88% $9,142
    Mortgage Research Center, LLC 34 6.30% $5,332
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 32 6.58% $8,278
    QUICKEN LOANS, LLC 22 5.90% $8,358
    GUILD MORTGAGE COMPANY 21 6.14% $8,812
    FREEDOM MORTGAGE CORPORATION 17 6.01% $8,254
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 6.46% $7,649
    PENNYMAC LOAN SERVICES, LLC 9 5.64% $8,207
    VILLAGE CAPITAL MORTGAGE 8 5.62% $5,038
    NAVY FEDERAL CREDIT UNION 7 5.41% $8,558
    NEWREZ LLC 7 6.04% $12,849
    Paramount Residential Mortgage Group, Inc. 7 6.10% $9,631
    V.I.P. MORTGAGE, INC. 7 6.50% $10,880
    MORTGAGE SOLUTIONS OF COLORADO, LLC 7 7.70% $2,278
    PLAZA HOME MORTGAGE, INC. 6 5.98% $9,641
    Northpointe Bank 5 5.65% $5,661
    LAKEVIEW LOAN SERVICING, LLC 5 5.77% $6,544
    PRIMARY RESIDENTIAL MORTGAGE, INC. 5 7.00% $5,442
    The Federal Savings Bank 5 6.30% $21,037
    Equity Prime Mortgage LLC 4 7.22% $12,010
    CMG MORTGAGE, INC. 4 6.50% $10,230
    CROSSCOUNTRY MORTGAGE, LLC 4 6.22% $6,402
    U.S. Bank 3 6.13% $3,903
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 5.83% $9,905
    GUARANTEED RATE, INC. 3 6.58% $11,189
    CORNERSTONE HOME LENDING, INC. 3 6.38% $4,442
    Bank of Colorado 3 6.08% $5,639
    BROKER SOLUTIONS, INC. 3 6.75% $9,594
    SUN WEST MORTGAGE COMPANY, INC. 2 5.62% $2,455
    USAA Federal Savings Bank 2 6.31% $4,279
    Carrington Mortgage Services, LLC 2 5.94% $14,062
    PLANET HOME LENDING, LLC 2 5.56% $11,439
    PHH Mortgage Corporation 2 5.74% $4,321
    CLEARPATH LENDING 2 5.94% $11,494
    HOMESIDE FINANCIAL, LLC 2 6.37% $21,211
    AMERICAN FINANCING CORPORATION 2 5.50% $16,571
    Mr. Cooper ( Nationstar Mortgage ) 2 5.94% $21,557
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.44% $9,690
    Flanagan State Bank 2 6.38% $6,614
    BAY EQUITY LLC 2 6.44% $10,799
    Watermark Capital, Inc. 1 6.75% $8,778
    Ameris Bank 1 5.75% $5,208
    Armed Forces Bank 1 5.50% $9,320
    Century Mortgage Company DBA Century Lending Company 1 4.75% $6,360
    First Federal Bank 1 5.75% $7,384
    Flagstar Bank, FSB 1 5.75% $20,375
    GENEVA FINANCIAL, LLC 1 6.75% $14,793
    GERSHMAN INVESTMENT CORP. 1 5.63% $1,424
    Glacier Bank 1 5.63% $10,612
    GUARANTEED RATE AFFINITY, LLC 1 5.99% $1,200
    HomePromise Corporation 1 7.13% $20,340
    Jonah Bank of Wyoming 1 6.13% $9,401
    JPMorgan Chase Bank 1 6.99% $3,317
    LOANDEPOT.COM, LLC 1 5.25% $25,506
    Magnolia Bank 1 6.13% $23,638
    Nations Lending Corporation 1 5.88% $3,997
    NEW DAY FINANCIAL, LLC 1 7.99% $11,772
    OCMBC, INC. 1 5.25% $2,303
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.50% $6,443
    S1L, Inc. 1 6.63% $3,679
    The Central Trust Bank 1 6.13% $15,409
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.25% $9,413

    The top Grand Junction VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 68 VA loans originated. Their average total fees are $9,142, which is $3,810 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Grand Junction VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,332), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($7,649), FREEDOM MORTGAGE CORPORATION ($8,254), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($8,278) and QUICKEN LOANS, LLC ($8,358).

    The lowest rate Grand Junction VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.88%), QUICKEN LOANS, LLC (5.90%), FREEDOM MORTGAGE CORPORATION (6.01%), GUILD MORTGAGE COMPANY (6.14%) and Mortgage Research Center, LLC (6.30%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Grand Junction (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 $277,197 (11.5%) $575,995 (75.0%) 1.03 691
    2018-02-01 $275,000 (10.6%) $586,449 (77.3%) 1.00 685
    2018-03-01 $282,000 (12.9%) $571,703 (71.0%) 0.99 744
    2018-04-01 $284,725 (10.4%) $562,343 (59.4%) 0.97 803
    2018-05-01 $288,075 (8.0%) $551,350 (55.0%) 0.96 843
    2018-06-01 $295,250 (8.4%) $549,688 (7.6%) 0.98 901
    2018-07-01 $291,510 (6.0%) $536,094 (4.6%) 0.97 957
    2018-08-01 $284,950 (6.5%) $524,154 (-6.5%) 0.95 982
    2018-09-01 $295,000 (9.3%) $536,326 (3.8%) 0.99 974
    2018-10-01 $299,950 (10.5%) $540,892 (4.6%) 1.02 974
    2018-11-01 $320,000 (16.4%) $602,435 (14.1%) 1.08 790
    2018-12-01 $324,500 (17.6%) $424,246 (-22.0%) 1.12 727
    2019-01-01 $317,225 (14.4%) $428,311 (-25.6%) 1.10 665
    2019-02-01 $324,950 (18.2%) $431,605 (-26.4%) 1.10 665
    2019-03-01 $336,857 (19.5%) $435,952 (-23.8%) 1.10 651
    2019-04-01 $344,725 (21.1%) $441,566 (-21.5%) 1.09 670
    2019-05-01 $353,050 (22.6%) $632,701 (14.8%) 1.10 724
    2019-06-01 $347,900 (17.8%) $778,043 (41.5%) 1.09 816
    2019-07-01 $350,000 (20.1%) $781,813 (45.8%) 1.10 830
    2019-08-01 $351,909 (23.5%) $779,115 (48.6%) 1.11 827
    2019-09-01 $354,773 (20.3%) $784,384 (46.3%) 1.14 814
    2019-10-01 $357,600 (19.2%) $793,395 (46.7%) 1.15 803
    2019-11-01 $359,900 (12.5%) $817,196 (35.7%) 1.18 750
    2019-12-01 $357,950 (10.3%) $851,565 (100.7%) 1.19 681
    2020-01-01 $364,925 (15.0%) $477,671 (11.5%) 1.22 603
    2020-02-01 $377,000 (16.0%) $804,903 (86.5%) 1.23 562
    2020-03-01 $393,675 (16.9%) $493,042 (13.1%) 1.23 569
    2020-04-01 $389,000 (12.8%) $481,084 (9.0%) 1.22 603
    2020-05-01 $399,514 (13.2%) $488,036 (-22.9%) 1.21 600
    2020-06-01 $414,200 (19.1%) $516,267 (-33.7%) 1.22 545
    2020-07-01 $424,950 (21.4%) $531,463 (-32.0%) 1.23 502
    2020-08-01 $404,950 (15.1%) $531,181 (-31.8%) 1.16 453
    2020-09-01 $393,350 (10.9%) $519,917 (-33.7%) 1.13 421
    2020-10-01 $398,250 (11.4%) $531,796 (-33.0%) 1.14 414
    2020-11-01 $413,675 (14.9%) $560,307 (-31.4%) 1.21 390
    2020-12-01 $396,750 (10.8%) $568,960 (-33.2%) 1.18 361
    2021-01-01 $415,000 (13.7%) $600,270 (25.7%) 1.24 267
    2021-02-01 $461,975 (22.5%) $662,809 (-17.7%) 1.34 231
    2021-03-01 $487,400 (23.8%) $648,725 (31.6%) 1.38 215
    2021-04-01 $467,500 (20.2%) $669,224 (39.1%) 1.27 181
    2021-05-01 $474,950 (18.9%) $660,682 (35.4%) 1.26 218
    2021-06-01 $474,750 (14.6%) $642,045 (24.4%) 1.25 267
    2021-07-01 $449,998 (5.9%) $615,353 (15.8%) 1.19 325
    2021-08-01 $429,950 (6.2%) $582,561 (9.7%) 1.15 385
    2021-09-01 $424,500 (7.9%) $561,139 (7.9%) 1.13 447
    2021-10-01 $427,500 (7.3%) $551,682 (3.7%) 1.14 442
    2021-11-01 $433,125 (4.7%) $564,210 (0.7%) 1.16 366
    2021-12-01 $449,450 (13.3%) $578,327 (1.7%) 1.22 292
    2022-01-01 $485,000 (16.9%) $618,022 (3.0%) 1.31 222
    2022-02-01 $450,176 (-2.6%) $598,409 (-9.7%) 1.17 203
    2022-03-01 $522,500 (7.2%) $642,526 (-1.0%) 1.31 231
    2022-04-01 $498,500 (6.6%) $628,544 (-6.1%) 1.19 256
    2022-05-01 $475,000 (0.0%) $600,768 (-9.1%) 1.09 353
    2022-06-01 $477,350 (0.6%) $610,622 (-4.9%) 1.06 395
    2022-07-01 $469,750 (4.4%) $599,165 (-2.6%) 1.06 486
    2022-08-01 $482,188 (12.2%) $615,389 (5.6%) 1.11 543
    2022-09-01 $481,064 (13.3%) $613,046 (9.3%) 1.12 559
    2022-10-01 $472,000 (10.4%) $597,240 (8.3%) 1.11 594
    2022-11-01 $467,599 (8.0%) $592,161 (5.0%) 1.12 580
    2022-12-01 $475,000 (5.7%) $599,579 (3.7%) 1.17 525
    2023-01-01 $489,975 (1.0%) $602,261 (-2.6%) 1.21 489
    2023-02-01 $485,750 (7.9%) $607,884 (1.6%) 1.17 465
    2023-03-01 $509,107 (-2.6%) $634,457 (-1.3%) 1.20 436
    2023-04-01 $525,000 (5.3%) $658,670 (4.8%) 1.22 403
    2023-05-01 $531,975 (12.0%) $680,948 (13.4%) 1.21 389
    2023-06-01 $519,425 (8.8%) $670,366 (9.8%) 1.17 411
    2023-07-01 $529,000 (12.6%) $661,244 (10.4%) 1.20 427
    2023-08-01 $524,100 (8.7%) $640,276 (4.0%) 1.20 465
    2023-09-01 $539,900 (12.2%) $653,140 (6.5%) 1.26 482
    2023-10-01 $519,975 (10.2%) $639,572 (7.1%) 1.22 513
    2023-11-01 $499,000 (6.7%) $627,104 (5.9%) 1.19 509
    2023-12-01 $494,750 (4.2%) $635,757 (6.0%) 1.21 463
    2024-01-01 $496,450 (1.3%) $642,910 (6.8%) 1.21 436
    2024-02-01 $505,482 (4.1%) $644,364 (6.0%) 1.22 423
    2024-03-01 $518,000 (1.8%) $650,335 (2.5%) 1.22 416
    2024-04-01 $521,875 (-0.6%) $655,897 (-0.4%) 1.21 413
    2024-05-01 $517,450 (-2.7%) $656,275 (-3.6%) 1.18 434
    2024-06-01 $499,900 (-3.8%) $646,986 (-3.5%) 1.14 470
    2024-07-01 $517,450 (-2.2%) $650,747 (-1.6%) 1.18 502
    2024-08-01 $514,950 (-1.8%) $655,419 (2.4%) 1.20 523
    2024-09-01 $499,000 (-7.6%) $637,762 (-2.4%) 1.17 572
    2024-10-01 $497,250 (-4.4%) $636,753 (-0.4%) 1.17 611
    2024-11-01 $491,500 (-1.5%) $641,245 (2.3%) 1.18 602
    2024-12-01 $480,113 (-3.0%) $622,852 (-2.0%) 1.19 547
    2025-01-01 $478,250 (-3.7%) $622,485 (-3.2%) 1.19 500
    2025-02-01 $469,000 (-7.2%) $636,342 (-1.2%) 1.14 522
    2025-03-01 $474,250 (-8.5%) $664,551 (2.2%) 1.12 514
    2025-04-01 $470,750 (-9.8%) $629,714 (-4.0%) 1.09 546
    2025-05-01 $473,250 (-8.5%) $633,940 (-3.4%) 1.08 621
    Grand Junction's median listing price for 2025-05-01 was $473,250, a difference of $-44,200 (-8.5%) versus the prior year and $2,500 versus the prior month.

    Grand Junction's median listing price comes in at 108% of the national average.

    Grand Junction's average listing price for 2025-05-01 was $633,940, a difference of $-22,335 (-3.4%) versus the prior year and $4,226 versus the prior month.

    For the 2025-05-01 period, Grand Junction had 621 MLS listings, a difference of 75 listings (14%) versus the prior month and 187 listings (43%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Grand Junction (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 73 days 1,762 sqft
    2018-02-01 62 days 1,792 sqft
    2018-03-01 46 days 1,792 sqft
    2018-04-01 40 days 1,793 sqft
    2018-05-01 40 days 1,797 sqft
    2018-06-01 40 days 1,820 sqft
    2018-07-01 43 days 1,811 sqft
    2018-08-01 47 days 1,792 sqft
    2018-09-01 53 days 1,817 sqft
    2018-10-01 57 days 1,819 sqft
    2018-11-01 60 days 1,946 sqft
    2018-12-01 67 days 1,944 sqft
    2019-01-01 75 days 1,887 sqft
    2019-02-01 69 days 1,945 sqft
    2019-03-01 57 days 1,943 sqft
    2019-04-01 46 days 1,939 sqft
    2019-05-01 43 days 1,985 sqft
    2019-06-01 43 days 1,985 sqft
    2019-07-01 51 days 2,002 sqft
    2019-08-01 54 days 1,980 sqft
    2019-09-01 57 days 1,963 sqft
    2019-10-01 59 days 1,947 sqft
    2019-11-01 64 days 1,947 sqft
    2019-12-01 70 days 1,948 sqft
    2020-01-01 75 days 1,964 sqft
    2020-02-01 67 days 1,978 sqft
    2020-03-01 45 days 2,049 sqft
    2020-04-01 48 days 2,020 sqft
    2020-05-01 54 days 2,000 sqft
    2020-06-01 53 days 2,042 sqft
    2020-07-01 51 days 2,106 sqft
    2020-08-01 47 days 2,019 sqft
    2020-09-01 41 days 1,933 sqft
    2020-10-01 37 days 1,942 sqft
    2020-11-01 46 days 1,947 sqft
    2020-12-01 50 days 1,907 sqft
    2021-01-01 61 days 1,932 sqft
    2021-02-01 38 days 1,978 sqft
    2021-03-01 32 days 1,972 sqft
    2021-04-01 27 days 1,913 sqft
    2021-05-01 15 days 1,891 sqft
    2021-06-01 19 days 1,866 sqft
    2021-07-01 23 days 1,822 sqft
    2021-08-01 30 days 1,830 sqft
    2021-09-01 32 days 1,837 sqft
    2021-10-01 35 days 1,848 sqft
    2021-11-01 45 days 1,836 sqft
    2021-12-01 55 days 1,883 sqft
    2022-01-01 58 days 1,950 sqft
    2022-02-01 31 days 1,855 sqft
    2022-03-01 22 days 1,933 sqft
    2022-04-01 24 days 1,891 sqft
    2022-05-01 23 days 1,877 sqft
    2022-06-01 30 days 1,895 sqft
    2022-07-01 30 days 1,853 sqft
    2022-08-01 38 days 1,896 sqft
    2022-09-01 44 days 1,891 sqft
    2022-10-01 50 days 1,866 sqft
    2022-11-01 61 days 1,866 sqft
    2022-12-01 71 days 1,876 sqft
    2023-01-01 73 days 1,896 sqft
    2023-02-01 67 days 1,913 sqft
    2023-03-01 64 days 1,943 sqft
    2023-04-01 54 days 2,000 sqft
    2023-05-01 47 days 2,000 sqft
    2023-06-01 44 days 1,977 sqft
    2023-07-01 46 days 1,939 sqft
    2023-08-01 45 days 1,932 sqft
    2023-09-01 47 days 1,934 sqft
    2023-10-01 51 days 1,937 sqft
    2023-11-01 57 days 1,851 sqft
    2023-12-01 68 days 1,829 sqft
    2024-01-01 74 days 1,830 sqft
    2024-02-01 60 days 1,847 sqft
    2024-03-01 50 days 1,854 sqft
    2024-04-01 48 days 1,829 sqft
    2024-05-01 46 days 1,841 sqft
    2024-06-01 46 days 1,856 sqft
    2024-07-01 51 days 1,820 sqft
    2024-08-01 47 days 1,836 sqft
    2024-09-01 45 days 1,816 sqft
    2024-10-01 46 days 1,788 sqft
    2024-11-01 56 days 1,783 sqft
    2024-12-01 69 days 1,754 sqft
    2025-01-01 77 days 1,734 sqft
    2025-02-01 72 days 1,735 sqft
    2025-03-01 53 days 1,714 sqft
    2025-04-01 48 days 1,737 sqft
    2025-05-01 44 days 1,746 sqft
    Grand Junction's median listing age (time on market) for 2025-05-01 was 44 days. This is -4% shorter than the same period one year ago.

    Grand Junction's median square footage for active listings during the 2025-05-01 period was 1,746 sqft. One year prior, the average listing was 1,841 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.