Holland VA Loan Rates, Closing Costs & Stats

Holland, MI

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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.

    Holland's 27 lenders originated 80 VA loans during 2023. The total origination value was $23,260,000, with an average VA loan value of $290,750.

    Holland VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Holland averaged 6.65% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Holland's average VA mortgage closing costs are $5,327.

    The average rate for the prior week (2025-02-07) was 6.89% and one month ago for the week of 2025-01-10, the average rate was 6.92%.

    The average rate one year ago was 6.65%.

    For refis of the same type during the week of 2025-02-14, the average rate was 7.05%.

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

    Holland 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 Holland level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 13 6.82% $4,166
    UNITED WHOLESALE MORTGAGE, LLC 10 6.20% $11,948
    QUICKEN LOANS, LLC 9 6.16% $14,373
    PENNYMAC LOAN SERVICES, LLC 4 5.44% $3,283
    LOANDEPOT.COM, LLC 4 6.03% $10,776
    UNION HOME MORTGAGE CORP. 3 6.79% $6,127
    NAVY FEDERAL CREDIT UNION 3 5.92% $5,319
    VILLAGE CAPITAL MORTGAGE 2 5.87% $7,462
    LAKE MICHIGAN CREDIT UNION 2 5.56% $3,575
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.69% $3,958
    USAA Federal Savings Bank 2 6.19% $12,396
    Neighborhood Loans, Inc. 2 6.63% $10,548
    Northpointe Bank 1 6.13% $3,672
    The Huntington National Bank 1 6.75% $8,542
    TOP FLITE FINANCIAL, INC. 1 7.25% $4,276
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $14,336
    Armed Forces Bank 1 6.63% $3,628
    CARDINAL FINANCIAL 1 6.25% $3,128
    First Federal Bank 1 6.00% $9,679
    FREEDOM MORTGAGE CORPORATION 1 6.25% $14,832
    GUILD MORTGAGE COMPANY 1 7.63% $7,069
    Independent Bank 1 6.25% $16,128
    LAKEVIEW LOAN SERVICING, LLC 1 5.75% $8,390
    MORTGAGE 1 INCORPORATED 1 6.99% $4,269
    AMERISAVE MORTGAGE CORPORATION 1 5.25% $19,265
    NEW DAY FINANCIAL, LLC 1 7.75% $9,469
    NEWREZ LLC 1 7.13% $17,685

    The top Holland VA lender as defined by loan originations is Mortgage Research Center, LLC, with 13 VA loans originated. Their average total fees are $4,166, which is $7,781 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Holland VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,166), UNITED WHOLESALE MORTGAGE, LLC ($11,948), .

    The lowest rate Holland VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.20%), Mortgage Research Center, LLC (6.82%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Holland (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 $266,669 (-10.9%) $422,146 (-17.4%) 0.00 346
    2018-02-01 $270,675 (-14.0%) $449,276 (-16.9%) 0.00 329
    2018-03-01 $287,800 (-5.0%) $470,339 (-14.2%) 0.00 332
    2018-04-01 $281,725 (-12.0%) $462,716 (-14.0%) 0.00 347
    2018-05-01 $298,450 (1.2%) $460,931 (-2.9%) 0.00 380
    2018-06-01 $319,900 (11.8%) $468,620 (3.1%) 0.00 410
    2018-07-01 $317,500 (13.4%) $458,810 (3.4%) 0.00 455
    2018-08-01 $291,700 (5.3%) $441,283 (2.6%) 0.00 461
    2018-09-01 $279,900 (4.1%) $445,333 (4.7%) 0.00 450
    2018-10-01 $295,500 (10.5%) $448,794 (9.7%) 0.00 449
    2018-11-01 $304,900 (12.2%) $465,306 (11.8%) 0.00 438
    2018-12-01 $299,000 (13.6%) $460,857 (11.2%) 0.00 381
    2019-01-01 $293,400 (10.0%) $454,327 (7.6%) 0.00 334
    2019-02-01 $313,350 (15.8%) $485,102 (8.0%) 0.00 318
    2019-03-01 $326,407 (13.4%) $495,443 (5.3%) 0.00 342
    2019-04-01 $334,975 (18.9%) $513,415 (11.0%) 0.00 352
    2019-05-01 $335,000 (12.3%) $497,090 (7.8%) 0.00 391
    2019-06-01 $335,000 (4.7%) $483,956 (3.3%) 0.00 448
    2019-07-01 $337,319 (6.2%) $473,624 (3.2%) 0.00 495
    2019-08-01 $328,553 (12.6%) $465,254 (5.4%) 0.00 503
    2019-09-01 $326,498 (16.7%) $461,911 (3.7%) 0.00 516
    2019-10-01 $321,950 (9.0%) $458,252 (2.1%) 0.00 527
    2019-11-01 $314,950 (3.3%) $456,993 (-1.8%) 0.00 477
    2019-12-01 $297,725 (-0.4%) $457,988 (-0.6%) 0.00 437
    2020-01-01 $291,400 (-0.7%) $442,599 (-2.6%) 0.00 383
    2020-02-01 $327,000 (4.4%) $491,354 (1.3%) 0.00 354
    2020-03-01 $339,225 (3.9%) $503,392 (1.6%) 0.00 349
    2020-04-01 $339,900 (1.5%) $489,269 (-4.7%) 0.00 356
    2020-05-01 $339,900 (1.5%) $492,089 (-1.0%) 0.00 372
    2020-06-01 $363,900 (8.6%) $530,070 (9.5%) 0.00 344
    2020-07-01 $371,050 (10.0%) $536,197 (13.2%) 0.00 333
    2020-08-01 $379,500 (15.5%) $581,506 (25.0%) 0.00 275
    2020-09-01 $399,250 (22.3%) $609,906 (32.0%) 0.00 249
    2020-10-01 $399,900 (24.2%) $669,300 (46.1%) 0.00 224
    2020-11-01 $381,950 (21.3%) $644,897 (41.1%) 0.00 195
    2020-12-01 $356,975 (19.9%) $638,143 (39.3%) 0.00 177
    2021-01-01 $345,983 (18.7%) $613,666 (38.7%) 0.00 157
    2021-02-01 $355,600 (8.8%) $643,321 (30.9%) 0.00 130
    2021-03-01 $344,128 (1.5%) $633,567 (25.9%) 0.00 124
    2021-04-01 $358,355 (5.4%) $666,745 (36.3%) 0.00 127
    2021-05-01 $370,000 (8.9%) $694,430 (41.1%) 0.00 141
    2021-06-01 $359,950 (-1.1%) $680,679 (28.4%) 0.00 160
    2021-07-01 $359,900 (-3.0%) $644,433 (20.2%) 0.00 182
    2021-08-01 $365,725 (-3.6%) $635,147 (9.2%) 0.00 191
    2021-09-01 $367,500 (-8.0%) $614,488 (0.8%) 0.00 178
    2021-10-01 $399,450 (-0.1%) $670,455 (0.2%) 0.00 161
    2021-11-01 $404,950 (6.0%) $686,419 (6.4%) 0.00 142
    2021-12-01 $398,450 (11.6%) $670,624 (5.1%) 0.00 121
    2022-01-01 $359,000 (3.8%) $629,164 (2.5%) 0.00 86
    2022-02-01 $389,250 (9.5%) $652,743 (1.5%) 0.00 69
    2022-03-01 $375,363 (9.1%) $632,495 (-0.2%) 0.00 79
    2022-04-01 $400,000 (11.6%) $622,252 (-6.7%) 0.00 96
    2022-05-01 $414,313 (12.0%) $629,376 (-9.4%) 0.00 128
    2022-06-01 $429,675 (19.4%) $647,554 (-4.9%) 0.00 169
    2022-07-01 $415,000 (15.3%) $588,052 (-8.8%) 0.00 215
    2022-08-01 $426,000 (16.5%) $591,142 (-6.9%) 0.00 228
    2022-09-01 $437,250 (19.0%) $615,731 (0.2%) 0.00 212
    2022-10-01 $425,000 (6.4%) $620,885 (-7.4%) 0.00 216
    2022-11-01 $391,675 (-3.3%) $579,677 (-15.6%) 0.00 214
    2022-12-01 $385,000 (-3.4%) $575,388 (-14.2%) 0.00 173
    2023-01-01 $391,425 (9.0%) $560,983 (-10.8%) 0.00 141
    2023-02-01 $399,900 (2.7%) $630,366 (-3.4%) 0.00 112
    2023-03-01 $415,225 (10.6%) $686,525 (8.5%) 0.00 104
    2023-04-01 $465,680 (16.4%) $743,688 (19.5%) 0.00 113
    2023-05-01 $464,300 (12.1%) $715,082 (13.6%) 0.00 130
    2023-06-01 $484,975 (12.9%) $698,603 (7.9%) 0.00 133
    2023-07-01 $450,000 (8.4%) $653,243 (11.1%) 0.00 150
    2023-08-01 $431,175 (1.2%) $715,019 (21.0%) 0.00 162
    2023-09-01 $425,000 (-2.8%) $712,425 (15.7%) 0.00 184
    2023-10-01 $412,425 (-3.0%) $710,013 (14.4%) 0.00 209
    2023-11-01 $399,900 (2.1%) $691,087 (19.2%) 0.00 192
    2023-12-01 $407,450 (5.8%) $693,206 (20.5%) 0.00 167
    2024-01-01 $402,200 (2.8%) $610,106 (8.8%) 0.00 143
    2024-02-01 $423,500 (5.9%) $629,918 (-0.1%) 0.00 131
    2024-03-01 $456,450 (9.9%) $656,291 (-4.4%) 0.00 136
    2024-04-01 $469,375 (0.8%) $695,171 (-6.5%) 0.00 146
    2024-05-01 $457,450 (-1.5%) $692,485 (-3.2%) 0.00 178
    2024-06-01 $450,000 (-7.2%) $720,783 (3.2%) 0.00 212
    2024-07-01 $433,713 (-3.6%) $730,996 (11.9%) 0.00 217
    2024-08-01 $425,000 (-1.4%) $703,337 (-1.6%) 0.00 249
    2024-09-01 $422,425 (-0.6%) $692,260 (-2.8%) 0.00 237
    2024-10-01 $423,250 (2.6%) $674,291 (-5.0%) 0.00 257
    2024-11-01 $430,000 (7.5%) $667,298 (-3.4%) 0.00 240
    2024-12-01 $423,050 (3.8%) $601,435 (-13.2%) 0.00 207
    2025-01-01 $421,075 (4.7%) $574,137 (-5.9%) 0.00 173
    Holland's median listing price for 2025-01-01 was $421,075, a difference of $18,875 (4.7%) versus the prior year and $-1,975 versus the prior month.

    Holland's median listing price comes in at 0% of the national average.

    Holland's average listing price for 2025-01-01 was $574,137, a difference of $-35,969 (-5.9%) versus the prior year and $-27,298 versus the prior month.

    For the 2025-01-01 period, Holland had 173 MLS listings, a difference of -34 listings (-16%) versus the prior month and 30 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Holland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,056 sqft
    2018-02-01 0 days 2,057 sqft
    2018-03-01 0 days 2,100 sqft
    2018-04-01 0 days 2,033 sqft
    2018-05-01 0 days 2,077 sqft
    2018-06-01 0 days 2,076 sqft
    2018-07-01 0 days 2,085 sqft
    2018-08-01 0 days 2,027 sqft
    2018-09-01 0 days 1,961 sqft
    2018-10-01 0 days 2,030 sqft
    2018-11-01 0 days 2,044 sqft
    2018-12-01 0 days 2,008 sqft
    2019-01-01 0 days 1,984 sqft
    2019-02-01 0 days 1,987 sqft
    2019-03-01 0 days 2,008 sqft
    2019-04-01 0 days 2,018 sqft
    2019-05-01 0 days 2,005 sqft
    2019-06-01 0 days 2,062 sqft
    2019-07-01 0 days 2,091 sqft
    2019-08-01 0 days 2,083 sqft
    2019-09-01 0 days 2,057 sqft
    2019-10-01 0 days 2,033 sqft
    2019-11-01 0 days 2,019 sqft
    2019-12-01 0 days 2,003 sqft
    2020-01-01 0 days 1,990 sqft
    2020-02-01 0 days 2,012 sqft
    2020-03-01 0 days 1,991 sqft
    2020-04-01 0 days 2,023 sqft
    2020-05-01 0 days 2,031 sqft
    2020-06-01 0 days 2,037 sqft
    2020-07-01 0 days 2,018 sqft
    2020-08-01 0 days 2,072 sqft
    2020-09-01 0 days 2,240 sqft
    2020-10-01 0 days 2,196 sqft
    2020-11-01 0 days 2,177 sqft
    2020-12-01 0 days 2,129 sqft
    2021-01-01 0 days 2,167 sqft
    2021-02-01 0 days 2,186 sqft
    2021-03-01 0 days 2,126 sqft
    2021-04-01 0 days 2,106 sqft
    2021-05-01 0 days 2,067 sqft
    2021-06-01 0 days 2,027 sqft
    2021-07-01 0 days 1,985 sqft
    2021-08-01 0 days 2,102 sqft
    2021-09-01 0 days 1,999 sqft
    2021-10-01 0 days 2,069 sqft
    2021-11-01 0 days 2,066 sqft
    2021-12-01 0 days 2,065 sqft
    2022-01-01 0 days 2,072 sqft
    2022-02-01 0 days 2,069 sqft
    2022-03-01 0 days 2,100 sqft
    2022-04-01 0 days 2,179 sqft
    2022-05-01 0 days 2,114 sqft
    2022-06-01 0 days 2,158 sqft
    2022-07-01 0 days 2,147 sqft
    2022-08-01 0 days 2,067 sqft
    2022-09-01 0 days 2,136 sqft
    2022-10-01 0 days 2,142 sqft
    2022-11-01 0 days 2,062 sqft
    2022-12-01 0 days 2,055 sqft
    2023-01-01 0 days 2,060 sqft
    2023-02-01 0 days 2,072 sqft
    2023-03-01 0 days 2,070 sqft
    2023-04-01 0 days 2,076 sqft
    2023-05-01 0 days 2,201 sqft
    2023-06-01 0 days 2,188 sqft
    2023-07-01 0 days 2,142 sqft
    2023-08-01 0 days 2,211 sqft
    2023-09-01 0 days 2,152 sqft
    2023-10-01 0 days 2,118 sqft
    2023-11-01 0 days 2,088 sqft
    2023-12-01 0 days 2,112 sqft
    2024-01-01 0 days 1,994 sqft
    2024-02-01 0 days 2,035 sqft
    2024-03-01 0 days 2,100 sqft
    2024-04-01 0 days 2,226 sqft
    2024-05-01 0 days 2,117 sqft
    2024-06-01 0 days 2,169 sqft
    2024-07-01 0 days 2,085 sqft
    2024-08-01 0 days 2,039 sqft
    2024-09-01 0 days 1,995 sqft
    2024-10-01 0 days 2,019 sqft
    2024-11-01 0 days 2,075 sqft
    2024-12-01 0 days 2,100 sqft
    2025-01-01 0 days 2,056 sqft
    Holland's median listing age (time on market) for 2025-01-01 was 0 days.

    Holland's median square footage for active listings during the 2025-01-01 period was 2,056 sqft. One year prior, the average listing was 1,994 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.