Greeley VA Loan Rates, Closing Costs & Stats

GREELEY, 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.

Greeley's 106 lenders originated 579 VA loans during 2023. The total origination value was $283,735,000, with an average VA loan value of $490,043.

Greeley VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Greeley averaged 6.51% for the week of 2024-06-14, compared to the national average (all VA variants) of 6.423% for the same period.

Greeley's average VA mortgage closing costs are $7,375.

The average rate for the prior week (2024-06-07) was 6.18% and one month ago for the week of 2024-05-10, the average rate was 6.5%.

The average rate one year ago was 6.14%.

For refis of the same type during the week of 2024-06-14, the average rate was 6.82%.

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

Greeley 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 Greeley level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 81 6.06% $9,982
Mortgage Research Center, LLC 53 6.52% $8,842
DHI MORTGAGE COMPANY, LTD. 35 5.26% $14,818
LOANDEPOT.COM, LLC 32 6.09% $12,170
QUICKEN LOANS, LLC 25 6.07% $15,523
NAVY FEDERAL CREDIT UNION 21 5.69% $8,305
PENNYMAC LOAN SERVICES, LLC 14 5.61% $9,052
EAGLE HOME MORTGAGE, LLC 13 4.81% $4,600
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 6.53% $8,476
CMG MORTGAGE, INC. 11 6.26% $13,535
CROSSCOUNTRY MORTGAGE, LLC 11 6.63% $12,528
HOMEAMERICAN MORTGAGE CORPORATION 10 5.40% $7,096
GUARANTEED RATE, INC. 10 6.09% $4,368
GROUP MORTGAGE, LLC 9 5.69% $9,416
The Federal Savings Bank 9 6.49% $20,950
Bank of Colorado 9 5.75% $14,177
INSPIRE HOME LOANS INC. 9 5.33% $10,380
FREEDOM MORTGAGE CORPORATION 9 6.38% $25,608
V.I.P. MORTGAGE, INC. 7 6.09% $13,921
AMERICAN FINANCING CORPORATION 7 5.71% $13,469
USAA Federal Savings Bank 7 5.82% $14,167
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 6.58% $9,369
CORNERSTONE HOME LENDING, INC. 6 5.33% $6,757
Elevations Credit Union 6 6.13% $10,436
NEWREZ LLC 5 6.40% $12,020
American Mortgage & Equity Consultants, Inc. 5 6.78% $13,874
CARDINAL FINANCIAL 5 6.90% $18,777
BROKER SOLUTIONS, INC. 4 6.28% $7,454
UNIVERSAL LENDING CORPORATION 4 6.63% $6,824
U.S. Bank 4 6.03% $17,898
PENTAGON FEDERAL CREDIT UNION 4 5.81% $16,869
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 7.50% $5,508
NEW DAY FINANCIAL, LLC 3 6.79% $15,983
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.04% $2,183
Bank of England 3 6.13% $8,504
First Western Trust Bank 3 6.21% $7,364
Plains Commerce Bank 3 5.42% $10,452
GUILD MORTGAGE COMPANY 3 5.96% $17,353
TOWNE MORTGAGE COMPANY 2 5.94% $5,947
The Loan Store, Inc. 2 6.18% $11,001
The Central Trust Bank 2 6.69% $8,839
SECURITYNATIONAL MORTGAGE COMPANY 2 5.94% $10,729
S1L, Inc. 2 6.25% $17,359
Ameris Bank 2 6.38% $23,224
VILLAGE CAPITAL MORTGAGE 2 5.88% $17,885
Gateway First Bank 2 6.50% $2,892
Wells Fargo Bank 2 6.00% $2,583
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.38% $16,896
Paramount Residential Mortgage Group, Inc. 2 6.69% $4,113
Century Mortgage Company DBA Century Lending Company 2 6.63% $1,609
NFM, INC. 2 7.25% $10,504
Magnolia Bank 2 5.75% $18,244
NEST HOME LENDING, LLC 2 5.12% $1,884
KBHS HOME LOANS, LLC 2 5.25% $9,830
NBH Bank 2 5.75% $5,904
Ent Credit Union 2 6.38% $13,882
AMERICAN PACIFIC MORTGAGE CORPORATION 2 5.63% $20,175
MEGASTAR FINANCIAL CORP. 2 6.13% $11,603
NATIONS DIRECT MORTGAGE, LLC 1 6.63% $7,485
AMERISAVE MORTGAGE CORPORATION 1 5.63% $11,427
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $6,480
Armed Forces Bank 1 6.13% $24,587
Barrington Bank & Trust Company, N.A. 1 7.25% $11,257
BOKF 1 7.13% $3,382
BROOKHOLLOW MORTGAGE SERVICES, LTD 1 3.75% $4,648
CALCON MUTUAL MORTGAGE LLC 1 7.63% $14,321
CALIBER HOME LOANS, INC. 1 5.75% $29,645
CENTENNIAL LENDING, LLC 1 6.50% $8,014
Citizens Bank 1 5.38% $23,101
Commerce Bank 1 6.13% $13,098
DHA FINANCIAL, LLC 1 7.00% $9,633
Equity Prime Mortgage LLC 1 6.75% $11,928
EVERETT FINANCIAL, INC. 1 7.13% $5,250
Financial Funding Solutions, Inc. 1 6.13% $23,506
FIRST CENTENNIAL MORTGAGE CORPORATION 1 6.88% $6,631
First National Bank of Omaha 1 7.00% $14,077
Flagstar Bank, FSB 1 6.99% $3,027
Franklin Loan Corporation 1 7.13% $10,805
GENEVA FINANCIAL, LLC 1 6.75% $11,818
GREENSTATE CREDIT UNION 1 6.63% $29,129
GUARANTEED RATE AFFINITY, LLC 1 7.13% $9,225
HOMESIDE FINANCIAL, LLC 1 6.00% $15,231
Independent Bank 1 6.75% $12,508
Ixonia Bank 1 6.50% $8,355
JET HOMELOANS, LLC 1 5.75% $23,898
Keystone Funding, Inc. 1 6.63% $11,433
LADERA LENDING, INC. 1 6.63% $13,545
LEADERONE FINANCIAL CORPORATION 1 6.13% $7,360
MORTGAGEONE, INC. 1 7.00% $0
MOVEMENT MORTGAGE, LLC 1 5.63% $10,226
Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $13,513
ACADEMY MORTGAGE CORPORATION 1 4.75% $12,517
NBKC BANK 1 5.63% $2,197
Neighborhood Loans, Inc. 1 5.63% $9,674
NORWICH COMMERCIAL GROUP, INC. 1 7.13% $10,508
Peak Financial 1 6.75% $1,187
PHH Mortgage Corporation 1 7.00% $9,428
PLAZA HOME MORTGAGE, INC. 1 5.25% $24,725
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.75% $19,988
RELIANCE FIRST CAPITAL, LLC 1 7.25% $11,309
Servion, Inc. 1 7.38% $2,694
SUMMIT FUNDING, INC. 1 7.25% $4,476
SUN WEST MORTGAGE COMPANY, INC. 1 6.25% $14,872
THRIVE MORTGAGE, LLC 1 5.99% $8,222
VAN DYK MORTGAGE CORPORATION 1 6.13% $4,208
ZILLOW HOME LOANS, LLC 1 6.75% $2,663

The top Greeley VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 81 VA loans originated. Their average total fees are $9,982, which is $1,139 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Greeley VA lenders (with over 10 loans originated) are GUARANTEED RATE, INC. ($4,368), EAGLE HOME MORTGAGE, LLC ($4,600), HOMEAMERICAN MORTGAGE CORPORATION ($7,096), NAVY FEDERAL CREDIT UNION ($8,305) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($8,476).

The lowest rate Greeley VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.81%), DHI MORTGAGE COMPANY, LTD. (5.26%), HOMEAMERICAN MORTGAGE CORPORATION (5.40%), PENNYMAC LOAN SERVICES, LLC (5.61%) and NAVY FEDERAL CREDIT UNION (5.69%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Greeley (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 $399,950 (9.2%) $462,104 (5.3%) 1.48 697
2018-02-01 $400,000 (5.3%) $472,890 (4.5%) 1.45 673
2018-03-01 $406,041 (7.2%) $476,242 (5.0%) 1.42 669
2018-04-01 $399,950 (3.1%) $472,330 (2.4%) 1.36 683
2018-05-01 $409,975 (3.2%) $490,916 (4.0%) 1.37 681
2018-06-01 $409,000 (2.4%) $487,772 (4.8%) 1.36 752
2018-07-01 $398,855 (2.3%) $488,633 (6.7%) 1.33 803
2018-08-01 $395,056 (-0.1%) $474,132 (1.4%) 1.32 869
2018-09-01 $395,000 (-1.2%) $466,386 (-0.5%) 1.33 966
2018-10-01 $389,975 (-3.3%) $465,074 (-1.6%) 1.32 1,041
2018-11-01 $396,000 (-1.0%) $466,735 (-0.5%) 1.34 1,024
2018-12-01 $398,495 (-0.4%) $469,296 (0.7%) 1.37 928
2019-01-01 $395,104 (-1.2%) $473,477 (2.5%) 1.37 863
2019-02-01 $393,500 (-1.6%) $469,445 (-0.7%) 1.33 855
2019-03-01 $406,386 (0.1%) $475,290 (-0.2%) 1.33 895
2019-04-01 $411,361 (2.9%) $479,445 (1.5%) 1.31 961
2019-05-01 $412,200 (0.5%) $477,500 (-2.7%) 1.29 990
2019-06-01 $409,900 (0.2%) $472,627 (-3.1%) 1.28 1,105
2019-07-01 $400,000 (0.3%) $462,963 (-5.3%) 1.25 1,161
2019-08-01 $399,900 (1.2%) $463,264 (-2.3%) 1.27 1,183
2019-09-01 $399,900 (1.2%) $464,072 (-0.5%) 1.28 1,174
2019-10-01 $399,875 (2.5%) $464,596 (-0.1%) 1.29 1,157
2019-11-01 $402,250 (1.6%) $471,820 (1.1%) 1.32 1,076
2019-12-01 $404,904 (1.6%) $478,880 (2.0%) 1.35 950
2020-01-01 $417,225 (5.6%) $498,128 (5.2%) 1.39 780
2020-02-01 $425,000 (8.0%) $503,700 (7.3%) 1.39 687
2020-03-01 $437,013 (7.5%) $508,974 (7.1%) 1.37 713
2020-04-01 $425,000 (3.3%) $501,433 (4.6%) 1.33 854
2020-05-01 $425,000 (3.1%) $501,748 (5.1%) 1.29 965
2020-06-01 $424,903 (3.7%) $504,842 (6.8%) 1.25 929
2020-07-01 $431,825 (8.0%) $513,437 (10.9%) 1.25 841
2020-08-01 $424,579 (6.2%) $512,270 (10.6%) 1.22 820
2020-09-01 $426,175 (6.6%) $516,394 (11.3%) 1.22 786
2020-10-01 $429,725 (7.5%) $518,186 (11.5%) 1.23 685
2020-11-01 $428,823 (6.6%) $521,891 (10.6%) 1.25 638
2020-12-01 $424,975 (5.0%) $519,953 (8.6%) 1.26 543
2021-01-01 $442,522 (6.1%) $552,102 (10.8%) 1.32 456
2021-02-01 $456,520 (7.4%) $580,546 (15.3%) 1.33 388
2021-03-01 $462,276 (5.8%) $582,681 (14.5%) 1.31 383
2021-04-01 $474,625 (11.7%) $592,535 (18.2%) 1.28 370
2021-05-01 $475,000 (11.8%) $571,683 (13.9%) 1.26 355
2021-06-01 $486,250 (14.4%) $576,137 (14.1%) 1.28 375
2021-07-01 $485,000 (12.3%) $580,371 (13.0%) 1.28 449
2021-08-01 $499,995 (17.8%) $589,574 (15.1%) 1.33 452
2021-09-01 $494,348 (16.0%) $609,558 (18.0%) 1.32 460
2021-10-01 $498,000 (15.9%) $632,268 (22.0%) 1.33 463
2021-11-01 $490,388 (14.4%) $627,021 (20.1%) 1.31 426
2021-12-01 $453,755 (6.8%) $563,842 (8.4%) 1.23 763
2022-01-01 $499,950 (13.0%) $657,478 (19.1%) 1.35 286
2022-02-01 $505,000 (10.6%) $699,308 (20.5%) 1.31 273
2022-03-01 $518,400 (12.1%) $678,983 (16.5%) 1.30 302
2022-04-01 $539,950 (13.8%) $694,062 (17.1%) 1.29 311
2022-05-01 $543,125 (14.3%) $700,373 (22.5%) 1.24 448
2022-06-01 $550,000 (13.1%) $685,478 (19.0%) 1.22 648
2022-07-01 $545,000 (12.4%) $677,201 (16.7%) 1.23 877
2022-08-01 $531,500 (6.3%) $670,568 (13.7%) 1.23 919
2022-09-01 $523,095 (5.8%) $658,267 (8.0%) 1.22 927
2022-10-01 $514,883 (3.4%) $645,087 (2.0%) 1.21 909
2022-11-01 $515,000 (5.0%) $630,578 (0.6%) 1.24 919
2022-12-01 $514,900 (13.5%) $632,311 (12.1%) 1.27 758
2023-01-01 $519,475 (3.9%) $631,152 (-4.0%) 1.29 679
2023-02-01 $518,908 (2.8%) $638,648 (-8.7%) 1.25 597
2023-03-01 $527,450 (1.8%) $650,815 (-4.2%) 1.24 595
2023-04-01 $540,000 (0.0%) $675,661 (-2.7%) 1.26 656
2023-05-01 $540,045 (-0.6%) $679,066 (-3.0%) 1.22 720
2023-06-01 $541,950 (-1.5%) $676,695 (-1.3%) 1.22 797
2023-07-01 $540,000 (-0.9%) $653,877 (-3.4%) 1.23 892
2023-08-01 $533,650 (0.4%) $657,414 (-2.0%) 1.23 925
2023-09-01 $530,000 (1.3%) $637,597 (-3.1%) 1.23 916
2023-10-01 $519,950 (1.0%) $634,295 (-1.7%) 1.22 971
2023-11-01 $513,325 (-0.3%) $634,299 (0.6%) 1.22 971
2023-12-01 $515,000 (0.0%) $646,962 (2.3%) 1.26 832
2024-01-01 $519,975 (0.1%) $666,488 (5.6%) 1.27 730
2024-02-01 $524,334 (1.1%) $690,549 (8.1%) 1.26 776
2024-03-01 $532,400 (0.9%) $697,685 (7.2%) 1.25 830
2024-04-01 $540,565 (0.1%) $703,608 (4.1%) 1.26 829
2024-05-01 $554,118 (2.6%) $733,463 (8.0%) 1.25 898
Greeley's median listing price for 2024-05-01 was $554,118, a difference of $14,073 (2.6%) versus the prior year and $13,553 versus the prior month.

Greeley's median listing price comes in at 125% of the national average.

Greeley's average listing price for 2024-05-01 was $733,463, a difference of $54,397 (8.0%) versus the prior year and $29,855 versus the prior month.

For the 2024-05-01 period, Greeley had 898 MLS listings, a difference of 69 listings (8%) versus the prior month and 178 listings (25%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Greeley (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 67 days 3,109 sqft
2018-02-01 52 days 3,099 sqft
2018-03-01 36 days 3,082 sqft
2018-04-01 32 days 2,995 sqft
2018-05-01 33 days 3,087 sqft
2018-06-01 34 days 3,012 sqft
2018-07-01 36 days 2,961 sqft
2018-08-01 33 days 2,922 sqft
2018-09-01 37 days 2,928 sqft
2018-10-01 40 days 2,890 sqft
2018-11-01 49 days 2,911 sqft
2018-12-01 58 days 2,893 sqft
2019-01-01 57 days 2,842 sqft
2019-02-01 39 days 2,832 sqft
2019-03-01 38 days 2,872 sqft
2019-04-01 38 days 2,922 sqft
2019-05-01 38 days 2,906 sqft
2019-06-01 37 days 2,876 sqft
2019-07-01 41 days 2,833 sqft
2019-08-01 42 days 2,814 sqft
2019-09-01 43 days 2,810 sqft
2019-10-01 44 days 2,810 sqft
2019-11-01 49 days 2,851 sqft
2019-12-01 56 days 2,837 sqft
2020-01-01 65 days 2,910 sqft
2020-02-01 44 days 2,994 sqft
2020-03-01 31 days 3,031 sqft
2020-04-01 35 days 2,909 sqft
2020-05-01 40 days 2,873 sqft
2020-06-01 37 days 2,840 sqft
2020-07-01 37 days 2,915 sqft
2020-08-01 35 days 2,836 sqft
2020-09-01 37 days 2,713 sqft
2020-10-01 37 days 2,735 sqft
2020-11-01 42 days 2,659 sqft
2020-12-01 52 days 2,634 sqft
2021-01-01 64 days 2,687 sqft
2021-02-01 36 days 2,741 sqft
2021-03-01 25 days 2,680 sqft
2021-04-01 27 days 2,671 sqft
2021-05-01 25 days 2,681 sqft
2021-06-01 26 days 2,583 sqft
2021-07-01 26 days 2,570 sqft
2021-08-01 31 days 2,597 sqft
2021-09-01 35 days 2,519 sqft
2021-10-01 35 days 2,561 sqft
2021-11-01 37 days 2,544 sqft
2021-12-01 40 days 2,493 sqft
2022-01-01 38 days 2,496 sqft
2022-02-01 31 days 2,576 sqft
2022-03-01 22 days 2,591 sqft
2022-04-01 21 days 2,707 sqft
2022-05-01 18 days 2,763 sqft
2022-06-01 21 days 2,807 sqft
2022-07-01 27 days 2,761 sqft
2022-08-01 35 days 2,630 sqft
2022-09-01 40 days 2,590 sqft
2022-10-01 44 days 2,560 sqft
2022-11-01 46 days 2,559 sqft
2022-12-01 61 days 2,564 sqft
2023-01-01 70 days 2,574 sqft
2023-02-01 51 days 2,577 sqft
2023-03-01 39 days 2,646 sqft
2023-04-01 31 days 2,651 sqft
2023-05-01 33 days 2,764 sqft
2023-06-01 38 days 2,739 sqft
2023-07-01 38 days 2,745 sqft
2023-08-01 41 days 2,715 sqft
2023-09-01 44 days 2,653 sqft
2023-10-01 43 days 2,559 sqft
2023-11-01 47 days 2,558 sqft
2023-12-01 63 days 2,546 sqft
2024-01-01 69 days 2,558 sqft
2024-02-01 42 days 2,593 sqft
2024-03-01 38 days 2,576 sqft
2024-04-01 43 days 2,606 sqft
2024-05-01 32 days 2,638 sqft
Greeley's median listing age (time on market) for 2024-05-01 was 32 days. This is -5% shorter than the same period one year ago.

Greeley's median square footage for active listings during the 2024-05-01 period was 2,638 sqft. One year prior, the average listing was 2,764 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.