Huntsville VA Loan Rates, Closing Costs & Stats

Huntsville, TX

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.

Huntsville's 31 lenders originated 66 VA loans during 2023. The total origination value was $22,940,000, with an average VA loan value of $347,576.

Huntsville VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Huntsville averaged 6.4% for the week of 2024-07-19, compared to the national average (all VA variants) of 6.303% for the same period.

Huntsville's average VA mortgage closing costs are $6,356.

The average rate for the prior week (2024-07-12) was 6.54% and one month ago for the week of 2024-06-14, the average rate was 6.5%.

The average rate one year ago was 6.68%.

For refis of the same type during the week of 2024-07-19, the average rate was 6.1%.

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

Huntsville 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 Huntsville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
INSPIRE HOME LOANS INC. 10 5.70% $5,544
DHI MORTGAGE COMPANY, LTD. 6 5.23% $7,775
Mortgage Research Center, LLC 5 6.75% $5,723
UNITED WHOLESALE MORTGAGE, LLC 5 6.45% $5,658
AMCAP MORTGAGE, LTD. 3 5.71% $14,693
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.33% $7,190
CORNERSTONE HOME LENDING, INC. 3 6.38% $7,801
SWBC MORTGAGE CORPORATION 2 6.13% $10,726
NAVY FEDERAL CREDIT UNION 2 5.19% $7,074
GUARANTEED RATE, INC. 2 6.75% $2,901
FREEDOM MORTGAGE CORPORATION 2 6.06% $13,308
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.75% $4,486
NATIONS RELIABLE LENDING, LLC 1 6.75% $16,067
Prosperity Bank 1 7.13% $4,243
SECURITYNATIONAL MORTGAGE COMPANY 1 6.75% $8,136
SENTE MORTGAGE, INC. 1 7.13% $5,899
T2 FINANCIAL LLC 1 7.13% $11,869
USAA Federal Savings Bank 1 5.63% $8,107
VILLAGE CAPITAL MORTGAGE 1 5.88% $2,228
WILLOW BEND MORTGAGE COMPANY, LLC 1 6.13% $32,380
CARDINAL FINANCIAL 1 6.75% $13,024
Century Mortgage Company DBA Century Lending Company 1 6.75% $4,314
CROSSCOUNTRY MORTGAGE, LLC 1 5.99% $10,545
Equity Prime Mortgage LLC 1 6.13% $4,756
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.63% $14,505
Flagstar Bank, FSB 1 6.25% $3,106
GSF Mortgage Corporation 1 6.13% $9,678
GUARANTEED RATE AFFINITY, LLC 1 6.15% $677
GUILD MORTGAGE COMPANY 1 6.63% $11,703
HOMETRUST MORTGAGE COMPANY 1 6.50% $5,445
LOANDEPOT.COM, LLC 1 6.99% $10,035

The top Huntsville VA lender as defined by loan originations is INSPIRE HOME LOANS INC., with 10 VA loans originated. Their average total fees are $5,544, which is $2,231 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Huntsville VA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. ($5,544), .

The lowest rate Huntsville VA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. (5.70%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Huntsville (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 $206,475 (4.6%) $280,757 (9.9%) 0.00 128
2018-02-01 $212,750 (8.9%) $280,142 (9.4%) 0.00 131
2018-03-01 $219,000 (9.8%) $283,989 (3.7%) 0.00 123
2018-04-01 $228,173 (7.6%) $290,150 (7.7%) 0.00 129
2018-05-01 $236,995 (9.4%) $301,707 (12.7%) 0.00 140
2018-06-01 $239,450 (12.3%) $296,276 (12.0%) 0.00 151
2018-07-01 $219,000 (4.3%) $268,392 (2.3%) 0.00 169
2018-08-01 $214,650 (2.9%) $258,619 (-0.5%) 0.00 172
2018-09-01 $215,000 (2.4%) $255,946 (-3.0%) 0.00 169
2018-10-01 $215,000 (0.4%) $255,695 (-4.5%) 0.00 152
2018-11-01 $215,150 (-0.4%) $257,851 (-5.3%) 0.00 153
2018-12-01 $210,000 (-2.8%) $244,725 (-11.1%) 0.00 148
2019-01-01 $214,975 (4.1%) $241,145 (-14.1%) 0.00 143
2019-02-01 $215,000 (1.1%) $256,692 (-8.4%) 0.00 154
2019-03-01 $214,629 (-2.0%) $261,479 (-7.9%) 0.00 152
2019-04-01 $218,350 (-4.3%) $271,865 (-6.3%) 0.00 155
2019-05-01 $223,725 (-5.6%) $269,510 (-10.7%) 0.00 159
2019-06-01 $225,000 (-6.0%) $269,638 (-9.0%) 0.00 156
2019-07-01 $223,250 (1.9%) $253,163 (-5.7%) 0.00 179
2019-08-01 $219,727 (2.4%) $247,754 (-4.2%) 0.00 183
2019-09-01 $219,318 (2.0%) $246,378 (-3.7%) 0.00 183
2019-10-01 $219,545 (2.1%) $247,837 (-3.1%) 0.00 185
2019-11-01 $220,000 (2.3%) $255,400 (-1.0%) 0.00 190
2019-12-01 $215,411 (2.6%) $257,937 (5.4%) 0.00 200
2020-01-01 $214,500 (-0.2%) $260,790 (8.2%) 0.00 180
2020-02-01 $213,576 (-0.7%) $259,875 (1.2%) 0.00 184
2020-03-01 $217,626 (1.4%) $253,680 (-3.0%) 0.00 189
2020-04-01 $220,000 (0.8%) $261,203 (-3.9%) 0.00 189
2020-05-01 $227,450 (1.7%) $269,409 (0.0%) 0.00 194
2020-06-01 $232,000 (3.1%) $274,250 (1.7%) 0.00 194
2020-07-01 $223,550 (0.1%) $274,387 (8.4%) 0.00 209
2020-08-01 $225,000 (2.4%) $271,505 (9.6%) 0.00 214
2020-09-01 $218,750 (-0.3%) $262,252 (6.4%) 0.00 207
2020-10-01 $212,613 (-3.2%) $266,162 (7.4%) 0.00 170
2020-11-01 $208,300 (-5.3%) $248,952 (-2.5%) 0.00 158
2020-12-01 $205,569 (-4.6%) $245,450 (-4.8%) 0.00 148
2021-01-01 $209,500 (-2.3%) $248,655 (-4.7%) 0.00 115
2021-02-01 $212,481 (-0.5%) $261,482 (0.6%) 0.00 101
2021-03-01 $218,813 (0.6%) $272,324 (7.4%) 0.00 76
2021-04-01 $244,948 (11.3%) $288,100 (10.3%) 0.00 73
2021-05-01 $235,000 (3.3%) $273,993 (1.7%) 0.00 72
2021-06-01 $219,950 (-5.2%) $270,889 (-1.2%) 0.00 73
2021-07-01 $244,500 (9.4%) $292,063 (6.4%) 0.00 74
2021-08-01 $240,725 (7.0%) $293,389 (8.1%) 0.00 70
2021-09-01 $237,225 (8.5%) $285,982 (9.1%) 0.00 74
2021-10-01 $247,900 (16.6%) $301,837 (13.4%) 0.00 81
2021-11-01 $253,743 (21.8%) $336,442 (35.1%) 0.00 97
2021-12-01 $254,470 (23.8%) $333,394 (35.8%) 0.00 97
2022-01-01 $253,900 (21.2%) $334,522 (34.5%) 0.00 105
2022-02-01 $249,600 (17.5%) $325,458 (24.5%) 0.00 103
2022-03-01 $257,650 (17.8%) $335,628 (23.3%) 0.00 97
2022-04-01 $259,850 (6.1%) $334,791 (16.2%) 0.00 102
2022-05-01 $271,929 (15.7%) $344,717 (25.8%) 0.00 158
2022-06-01 $271,344 (23.4%) $330,644 (22.1%) 0.00 200
2022-07-01 $275,990 (12.9%) $339,046 (16.1%) 0.00 222
2022-08-01 $274,743 (14.1%) $338,027 (15.2%) 0.00 197
2022-09-01 $269,954 (13.8%) $329,954 (15.4%) 0.00 195
2022-10-01 $266,990 (7.7%) $324,767 (7.6%) 0.00 208
2022-11-01 $267,695 (5.5%) $328,534 (-2.4%) 0.00 195
2022-12-01 $269,900 (6.1%) $323,430 (-3.0%) 0.00 170
2023-01-01 $266,457 (5.0%) $326,904 (-2.3%) 0.00 164
2023-02-01 $259,450 (4.0%) $321,909 (-1.1%) 0.00 178
2023-03-01 $269,900 (4.8%) $340,978 (1.6%) 0.00 173
2023-04-01 $276,990 (6.6%) $345,165 (3.1%) 0.00 165
2023-05-01 $288,300 (6.0%) $350,240 (1.6%) 0.00 177
2023-06-01 $289,914 (6.8%) $357,233 (8.0%) 0.00 198
2023-07-01 $299,950 (8.7%) $392,873 (15.9%) 0.00 212
2023-08-01 $299,220 (8.9%) $408,549 (20.9%) 0.00 219
2023-09-01 $289,000 (7.1%) $373,507 (13.2%) 0.00 223
2023-10-01 $285,000 (6.8%) $358,129 (10.3%) 0.00 232
2023-11-01 $285,213 (6.5%) $366,025 (11.4%) 0.00 231
2023-12-01 $285,000 (5.6%) $359,859 (11.3%) 0.00 210
2024-01-01 $282,445 (6.0%) $354,876 (8.6%) 0.00 207
2024-02-01 $279,900 (7.9%) $356,035 (10.6%) 0.00 199
2024-03-01 $272,000 (0.8%) $354,634 (4.0%) 0.00 220
2024-04-01 $273,879 (-1.1%) $365,158 (5.8%) 0.00 226
2024-05-01 $273,879 (-5.0%) $374,767 (7.0%) 0.00 212
2024-06-01 $264,916 (-8.6%) $368,991 (3.3%) 0.00 231
Huntsville's median listing price for 2024-06-01 was $264,916, a difference of $-24,998 (-8.6%) versus the prior year and $-8,963 versus the prior month.

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

Huntsville's average listing price for 2024-06-01 was $368,991, a difference of $11,758 (3.3%) versus the prior year and $-5,776 versus the prior month.

For the 2024-06-01 period, Huntsville had 231 MLS listings, a difference of 19 listings (9%) versus the prior month and 33 listings (17%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Huntsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,916 sqft
2018-02-01 0 days 1,918 sqft
2018-03-01 0 days 2,038 sqft
2018-04-01 0 days 2,048 sqft
2018-05-01 0 days 2,055 sqft
2018-06-01 0 days 2,060 sqft
2018-07-01 0 days 2,023 sqft
2018-08-01 0 days 1,984 sqft
2018-09-01 0 days 1,966 sqft
2018-10-01 0 days 1,939 sqft
2018-11-01 0 days 1,920 sqft
2018-12-01 0 days 1,868 sqft
2019-01-01 0 days 1,884 sqft
2019-02-01 0 days 1,871 sqft
2019-03-01 0 days 1,894 sqft
2019-04-01 0 days 1,920 sqft
2019-05-01 0 days 1,920 sqft
2019-06-01 0 days 1,923 sqft
2019-07-01 0 days 1,905 sqft
2019-08-01 0 days 1,860 sqft
2019-09-01 0 days 1,858 sqft
2019-10-01 0 days 1,856 sqft
2019-11-01 0 days 1,851 sqft
2019-12-01 0 days 1,820 sqft
2020-01-01 0 days 1,851 sqft
2020-02-01 0 days 1,853 sqft
2020-03-01 0 days 1,846 sqft
2020-04-01 0 days 1,886 sqft
2020-05-01 0 days 1,905 sqft
2020-06-01 0 days 1,939 sqft
2020-07-01 0 days 1,903 sqft
2020-08-01 0 days 1,868 sqft
2020-09-01 0 days 1,858 sqft
2020-10-01 0 days 1,815 sqft
2020-11-01 0 days 1,756 sqft
2020-12-01 0 days 1,681 sqft
2021-01-01 0 days 1,710 sqft
2021-02-01 0 days 1,710 sqft
2021-03-01 0 days 1,796 sqft
2021-04-01 0 days 2,009 sqft
2021-05-01 0 days 1,830 sqft
2021-06-01 0 days 1,733 sqft
2021-07-01 0 days 1,821 sqft
2021-08-01 0 days 1,747 sqft
2021-09-01 0 days 1,713 sqft
2021-10-01 0 days 1,758 sqft
2021-11-01 0 days 1,763 sqft
2021-12-01 0 days 1,705 sqft
2022-01-01 0 days 1,740 sqft
2022-02-01 0 days 1,678 sqft
2022-03-01 0 days 1,759 sqft
2022-04-01 0 days 1,672 sqft
2022-05-01 0 days 1,759 sqft
2022-06-01 0 days 1,774 sqft
2022-07-01 0 days 1,776 sqft
2022-08-01 0 days 1,776 sqft
2022-09-01 0 days 1,760 sqft
2022-10-01 0 days 1,748 sqft
2022-11-01 0 days 1,750 sqft
2022-12-01 0 days 1,776 sqft
2023-01-01 0 days 1,788 sqft
2023-02-01 0 days 1,704 sqft
2023-03-01 0 days 1,775 sqft
2023-04-01 0 days 1,763 sqft
2023-05-01 0 days 1,775 sqft
2023-06-01 0 days 1,803 sqft
2023-07-01 0 days 1,960 sqft
2023-08-01 0 days 1,951 sqft
2023-09-01 0 days 1,848 sqft
2023-10-01 0 days 1,839 sqft
2023-11-01 0 days 1,839 sqft
2023-12-01 0 days 1,842 sqft
2024-01-01 0 days 1,833 sqft
2024-02-01 0 days 1,821 sqft
2024-03-01 0 days 1,797 sqft
2024-04-01 0 days 1,747 sqft
2024-05-01 0 days 1,773 sqft
2024-06-01 0 days 1,720 sqft
Huntsville's median listing age (time on market) for 2024-06-01 was 0 days.

Huntsville's median square footage for active listings during the 2024-06-01 period was 1,720 sqft. One year prior, the average listing was 1,803 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.