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 6.88% for the week of 2025-07-18, compared to the national average (all VA variants) of 6.385% for the same period.

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

    The average rate for the prior week (2025-07-11) was 6.97% and one month ago for the week of 2025-06-13, the average rate was 6.84%.

    The average rate one year ago was 6.64%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.2%.

    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%).

    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.