Green Bay VA Loan Rates, Closing Costs & Stats

GREEN BAY, WI

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.

Green Bay's 58 lenders originated 365 VA loans during 2022. The total origination value was $99,525,000, with an average VA loan value of $272,671.

Green Bay VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Green Bay averaged 5.99% for the week of 2024-03-01, compared to the national average (all VA variants) of 6.517% for the same period.

Green Bay's average VA mortgage closing costs are $4,318.

The average rate for the prior week (2024-02-23) was 6.02% and one month ago for the week of 2024-01-26, the average rate was 5.75%.

The average rate one year ago was 5.78%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.1%.

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

Green Bay 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 Green Bay level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 63 5.44% $5,690
UNITED WHOLESALE MORTGAGE, LLC 49 4.09% $5,385
FREEDOM MORTGAGE CORPORATION 25 4.23% $8,849
FINANCE OF AMERICA MORTGAGE LLC 18 4.34% $7,492
QUICKEN LOANS, LLC 18 3.84% $9,292
USAA Federal Savings Bank 16 4.57% $3,763
GUARANTEED RATE, INC. 14 4.26% $4,637
CROSSCOUNTRY MORTGAGE, LLC 10 4.83% $9,091
NAVY FEDERAL CREDIT UNION 9 4.82% $4,153
Wells Fargo Bank 8 3.89% $1,309
NEW DAY FINANCIAL, LLC 7 4.80% $13,723
PENNYMAC LOAN SERVICES, LLC 7 3.25% $7,247
Associated Bank 7 4.91% $1,662
Barrington Bank & Trust Company, N.A. 6 4.98% $5,003
CARDINAL FINANCIAL 5 3.65% $7,179
Flagstar Bank, FSB 5 4.85% $5,567
The Federal Savings Bank 5 5.45% $14,453
TOWNE MORTGAGE COMPANY 5 5.05% $5,897
LOANDEPOT.COM, LLC 5 4.82% $10,517
Mr. Cooper ( Nationstar Mortgage ) 5 5.08% $7,999
Waterstone Mortgage Corporation 4 5.22% $4,290
AMERISAVE MORTGAGE CORPORATION 4 3.47% $10,593
NEWREZ LLC 3 2.91% $5,183
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.46% $6,869
LAKEVIEW LOAN SERVICING, LLC 3 4.21% $2,388
Paramount Residential Mortgage Group, Inc. 3 5.04% $4,151
INLANTA MORTGAGE, INC. 3 3.58% $5,280
Carrington Mortgage Services, LLC 3 5.33% $9,664
VILLAGE CAPITAL MORTGAGE 2 4.13% $5,572
Prosperity Home Mortgage, LLC 2 5.56% $1,792
CLEARPATH LENDING 2 3.50% $6,099
Johnson Bank 2 4.63% $2,521
MUTUAL OF OMAHA MORTGAGE, INC. 2 4.13% $9,005
CALIBER HOME LOANS, INC. 2 5.25% $2,359
U.S. Bank 2 4.63% $7,249
West Town Bank & Trust 1 5.00% $5,982
Bank First, N.A. 1 4.13% $5,521
CALCON MUTUAL MORTGAGE LLC 1 6.13% $5,775
CHERRY CREEK MORTGAGE, LLC 1 5.75% $7,175
CMG MORTGAGE, INC. 1 6.25% $15,094
DAS Acquisition Company, LLC 1 3.25% $9,330
ENVOY MORTGAGE, LTD 1 4.50% $47
EVERETT FINANCIAL, INC. 1 3.75% $1,115
Fifth Third Bank 1 3.00% $6,224
FIRST CENTENNIAL MORTGAGE CORPORATION 1 5.63% $1,419
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.99% $13,189
Loan Simple, Inc. 1 3.88% $27,621
Magnolia Bank 1 5.75% $8,419
MICHIGAN MUTUAL, INC. 1 4.63% $5,360
MOVEMENT MORTGAGE, LLC 1 6.75% $71
Nations Lending Corporation 1 5.75% $5,417
NBKC BANK 1 4.25% $1,426
ON Q FINANCIAL, INC. 1 3.25% $14,538
Plains Commerce Bank 1 4.88% $5,872
PLAZA HOME MORTGAGE, INC. 1 5.63% $11,355
Servion, Inc. 1 3.38% $4,694
SOVEREIGN LENDING GROUP INCORPORATED 1 6.25% $18,227
Amerifirst Financial, Inc. 1 4.00% $10,282

The top Green Bay VA lender as defined by loan originations is Mortgage Research Center, LLC, with 63 VA loans originated. Their average total fees are $5,690, which is $305 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Green Bay VA lenders (with over 10 loans originated) are USAA Federal Savings Bank ($3,763), GUARANTEED RATE, INC. ($4,637), UNITED WHOLESALE MORTGAGE, LLC ($5,385), Mortgage Research Center, LLC ($5,690) and FINANCE OF AMERICA MORTGAGE LLC ($7,492).

The lowest rate Green Bay VA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.84%), UNITED WHOLESALE MORTGAGE, LLC (4.09%), FREEDOM MORTGAGE CORPORATION (4.23%), GUARANTEED RATE, INC. (4.26%) and FINANCE OF AMERICA MORTGAGE LLC (4.34%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Green Bay (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 $214,925 (19.5%) $261,790 (14.9%) 0.80 1,071
2018-02-01 $219,650 (20.4%) $264,024 (12.9%) 0.80 1,116
2018-03-01 $224,900 (18.7%) $263,619 (11.7%) 0.79 1,129
2018-04-01 $253,200 (33.3%) $301,735 (28.5%) 0.86 765
2018-05-01 $259,900 (32.7%) $304,616 (28.5%) 0.87 798
2018-06-01 $249,900 (25.1%) $300,595 (26.6%) 0.83 892
2018-07-01 $249,925 (27.2%) $301,410 (29.0%) 0.83 944
2018-08-01 $246,400 (28.7%) $292,538 (24.5%) 0.83 1,040
2018-09-01 $244,900 (27.3%) $290,070 (21.4%) 0.82 1,065
2018-10-01 $237,450 (19.1%) $281,539 (16.7%) 0.80 1,031
2018-11-01 $229,925 (15.5%) $277,827 (13.7%) 0.78 992
2018-12-01 $230,700 (15.4%) $280,880 (11.4%) 0.80 895
2019-01-01 $239,900 (11.6%) $279,088 (6.6%) 0.83 790
2019-02-01 $249,900 (13.8%) $291,350 (10.4%) 0.84 728
2019-03-01 $256,371 (14.0%) $303,773 (15.2%) 0.84 713
2019-04-01 $267,450 (5.6%) $315,132 (4.4%) 0.85 712
2019-05-01 $264,950 (1.9%) $310,507 (1.9%) 0.83 785
2019-06-01 $259,900 (4.0%) $306,030 (1.8%) 0.81 881
2019-07-01 $252,075 (0.9%) $292,743 (-2.9%) 0.79 950
2019-08-01 $249,099 (1.1%) $288,085 (-1.5%) 0.79 959
2019-09-01 $247,748 (1.2%) $287,444 (-0.9%) 0.79 957
2019-10-01 $248,449 (4.6%) $290,746 (3.3%) 0.80 927
2019-11-01 $259,900 (13.0%) $297,937 (7.2%) 0.85 793
2019-12-01 $266,225 (15.4%) $309,772 (10.3%) 0.89 735
2020-01-01 $269,900 (12.5%) $321,528 (15.2%) 0.90 652
2020-02-01 $279,900 (12.0%) $325,204 (11.6%) 0.92 622
2020-03-01 $286,100 (11.6%) $333,918 (9.9%) 0.90 645
2020-04-01 $282,425 (5.6%) $335,331 (6.4%) 0.88 637
2020-05-01 $289,900 (9.4%) $343,183 (10.5%) 0.88 589
2020-06-01 $292,675 (12.6%) $340,825 (11.4%) 0.86 576
2020-07-01 $296,450 (17.6%) $347,789 (18.8%) 0.86 531
2020-08-01 $284,900 (14.4%) $340,829 (18.3%) 0.82 504
2020-09-01 $262,900 (6.1%) $330,598 (15.0%) 0.75 494
2020-10-01 $267,450 (7.7%) $341,303 (17.4%) 0.77 462
2020-11-01 $267,450 (2.9%) $345,476 (16.0%) 0.78 438
2020-12-01 $271,150 (1.9%) $351,244 (13.4%) 0.81 370
2021-01-01 $279,900 (3.7%) $363,740 (13.1%) 0.84 310
2021-02-01 $296,400 (5.9%) $392,997 (20.9%) 0.86 276
2021-03-01 $309,900 (8.3%) $407,490 (22.0%) 0.88 271
2021-04-01 $299,900 (6.2%) $402,127 (19.9%) 0.81 273
2021-05-01 $299,900 (3.5%) $396,105 (15.4%) 0.80 286
2021-06-01 $307,400 (5.0%) $388,909 (14.1%) 0.81 331
2021-07-01 $319,900 (7.9%) $392,407 (12.8%) 0.84 385
2021-08-01 $320,450 (12.5%) $395,822 (16.1%) 0.85 396
2021-09-01 $309,750 (17.8%) $380,167 (15.0%) 0.83 428
2021-10-01 $317,450 (18.7%) $375,611 (10.1%) 0.85 422
2021-11-01 $325,950 (21.9%) $394,062 (14.1%) 0.87 346
2021-12-01 $335,900 (23.9%) $409,136 (16.5%) 0.91 302
2022-01-01 $337,400 (20.5%) $432,986 (19.0%) 0.91 254
2022-02-01 $343,450 (15.9%) $449,314 (14.3%) 0.89 222
2022-03-01 $343,925 (11.0%) $450,719 (10.6%) 0.86 229
2022-04-01 $384,700 (28.3%) $467,618 (16.3%) 0.92 309
2022-05-01 $377,450 (25.9%) $458,203 (15.7%) 0.86 357
2022-06-01 $392,400 (27.7%) $461,871 (18.8%) 0.87 430
2022-07-01 $389,900 (21.9%) $447,231 (14.0%) 0.88 505
2022-08-01 $389,925 (21.7%) $449,833 (13.7%) 0.90 489
2022-09-01 $392,400 (26.7%) $448,419 (18.0%) 0.92 469
2022-10-01 $405,900 (27.9%) $467,983 (24.6%) 0.96 501
2022-11-01 $399,950 (22.7%) $466,885 (18.5%) 0.96 487
2022-12-01 $408,900 (21.7%) $473,107 (15.6%) 1.01 441
2023-01-01 $424,488 (25.8%) $489,184 (13.0%) 1.05 397
2023-02-01 $434,400 (26.5%) $506,508 (12.7%) 1.05 330
2023-03-01 $429,900 (25.0%) $527,303 (17.0%) 1.01 320
2023-04-01 $413,750 (7.6%) $516,266 (10.4%) 0.96 274
2023-05-01 $401,925 (6.5%) $511,361 (11.6%) 0.91 279
2023-06-01 $398,700 (1.6%) $488,707 (5.8%) 0.90 311
2023-07-01 $410,000 (5.2%) $512,449 (14.6%) 0.93 374
2023-08-01 $417,425 (7.1%) $507,319 (12.8%) 0.96 380
2023-09-01 $417,400 (6.4%) $502,908 (12.2%) 0.97 415
2023-10-01 $422,400 (4.1%) $500,113 (6.9%) 0.99 451
2023-11-01 $412,200 (3.1%) $518,380 (11.0%) 0.98 443
2023-12-01 $424,800 (3.9%) $540,915 (14.3%) 1.04 389
2024-01-01 $426,150 (0.4%) $547,637 (12.0%) 1.04 361
Green Bay's median listing price for 2024-01-01 was $426,150, a difference of $1,662 (0.4%) versus the prior year and $1,350 versus the prior month.

Green Bay's median listing price comes in at 104% of the national average.

Green Bay's average listing price for 2024-01-01 was $547,637, a difference of $58,453 (12.0%) versus the prior year and $6,722 versus the prior month.

For the 2024-01-01 period, Green Bay had 361 MLS listings, a difference of -28 listings (-7%) versus the prior month and -36 listings (-9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Green Bay (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 99 days 1,780 sqft
2018-02-01 91 days 1,784 sqft
2018-03-01 61 days 1,820 sqft
2018-04-01 58 days 1,851 sqft
2018-05-01 54 days 1,868 sqft
2018-06-01 49 days 1,878 sqft
2018-07-01 52 days 1,890 sqft
2018-08-01 57 days 1,887 sqft
2018-09-01 59 days 1,866 sqft
2018-10-01 66 days 1,840 sqft
2018-11-01 71 days 1,806 sqft
2018-12-01 85 days 1,796 sqft
2019-01-01 91 days 1,801 sqft
2019-02-01 96 days 1,820 sqft
2019-03-01 83 days 1,822 sqft
2019-04-01 68 days 1,833 sqft
2019-05-01 53 days 1,852 sqft
2019-06-01 50 days 1,855 sqft
2019-07-01 53 days 1,869 sqft
2019-08-01 58 days 1,860 sqft
2019-09-01 62 days 1,821 sqft
2019-10-01 66 days 1,799 sqft
2019-11-01 74 days 1,796 sqft
2019-12-01 81 days 1,791 sqft
2020-01-01 92 days 1,778 sqft
2020-02-01 92 days 1,786 sqft
2020-03-01 63 days 1,819 sqft
2020-04-01 65 days 1,830 sqft
2020-05-01 78 days 1,848 sqft
2020-06-01 71 days 1,849 sqft
2020-07-01 58 days 1,888 sqft
2020-08-01 57 days 1,841 sqft
2020-09-01 55 days 1,811 sqft
2020-10-01 59 days 1,821 sqft
2020-11-01 61 days 1,817 sqft
2020-12-01 71 days 1,737 sqft
2021-01-01 85 days 1,738 sqft
2021-02-01 70 days 1,759 sqft
2021-03-01 52 days 1,863 sqft
2021-04-01 39 days 1,854 sqft
2021-05-01 37 days 1,817 sqft
2021-06-01 34 days 1,762 sqft
2021-07-01 43 days 1,808 sqft
2021-08-01 45 days 1,799 sqft
2021-09-01 47 days 1,795 sqft
2021-10-01 49 days 1,759 sqft
2021-11-01 53 days 1,788 sqft
2021-12-01 60 days 1,755 sqft
2022-01-01 66 days 1,660 sqft
2022-02-01 70 days 1,716 sqft
2022-03-01 42 days 1,799 sqft
2022-04-01 24 days 1,649 sqft
2022-05-01 40 days 1,640 sqft
2022-06-01 39 days 1,638 sqft
2022-07-01 44 days 1,650 sqft
2022-08-01 55 days 1,669 sqft
2022-09-01 65 days 1,650 sqft
2022-10-01 67 days 1,696 sqft
2022-11-01 69 days 1,675 sqft
2022-12-01 80 days 1,664 sqft
2023-01-01 99 days 1,627 sqft
2023-02-01 109 days 1,672 sqft
2023-03-01 79 days 1,726 sqft
2023-04-01 47 days 1,887 sqft
2023-05-01 40 days 1,941 sqft
2023-06-01 36 days 1,936 sqft
2023-07-01 36 days 1,909 sqft
2023-08-01 44 days 1,903 sqft
2023-09-01 45 days 1,902 sqft
2023-10-01 49 days 1,883 sqft
2023-11-01 54 days 1,895 sqft
2023-12-01 74 days 1,912 sqft
2024-01-01 81 days 1,893 sqft
Green Bay's median listing age (time on market) for 2024-01-01 was 81 days. This is -18% shorter than the same period one year ago.

Green Bay's median square footage for active listings during the 2024-01-01 period was 1,893 sqft. One year prior, the average listing was 1,627 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.