Huntsville VA Loan Rates, Closing Costs & Stats

Huntsville, TX

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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.

    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 6.95% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.78% and one month ago for the week of 2024-03-15, the average rate was 6.54%.

    The average rate one year ago was 6.23%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.66%.

    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
    Huntsville's median listing price for 2024-03-01 was $272,000, a difference of $2,100 (0.8%) versus the prior year and $-7,900 versus the prior month.

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

    Huntsville's average listing price for 2024-03-01 was $354,634, a difference of $13,656 (4.0%) versus the prior year and $-1,401 versus the prior month.

    For the 2024-03-01 period, Huntsville had 220 MLS listings, a difference of 21 listings (11%) versus the prior month and 47 listings (27%) 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
    Huntsville's median listing age (time on market) for 2024-03-01 was 0 days.

    Huntsville's median square footage for active listings during the 2024-03-01 period was 1,797 sqft. One year prior, the average listing was 1,775 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.