Grand Junction VA Loan Rates, Closing Costs & Stats

GRAND JUNCTION, CO

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.