Kalispell VA Loan Rates, Closing Costs & Stats

Kalispell, MT

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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.

    Kalispell's 68 lenders originated 608 VA loans during 2021. The total origination value was $232,010,000, with an average VA loan value of $381,595.

    Kalispell VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Kalispell averaged 6.69% for the week of 2022-12-02, compared to the national average (all VA variants) of 6.292% for the same period.

    Kalispell's average VA mortgage closing costs are $6,498.

    The average rate for the prior week (2022-11-25) was 6.83% and one month ago for the week of 2022-10-28, the average rate was 7.22%.

    The average rate one year ago was 3.49%.

    For refis of the same type during the week of 2022-12-02, the average rate was 6.53%.

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

    Kalispell 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 Kalispell level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    BAY EQUITY LLC 52 2.80% $5,977
    QUICKEN LOANS, LLC 48 2.42% $8,559
    Mortgage Research Center, LLC 46 2.75% $9,322
    FREEDOM MORTGAGE CORPORATION 36 2.37% $3,933
    LENDUS, LLC 36 2.59% $9,930
    Barrington Bank & Trust Company, N.A. 28 2.71% $6,901
    NEW DAY FINANCIAL, LLC 28 2.75% $10,103
    UNITED WHOLESALE MORTGAGE, LLC 27 2.53% $4,843
    PENNYMAC LOAN SERVICES, LLC 26 2.37% $7,132
    MANN FINANCIAL INC. 23 3.01% $8,911
    NAVY FEDERAL CREDIT UNION 18 2.48% $5,240
    LAKEVIEW LOAN SERVICING, LLC 17 2.55% $2,104
    USAA Federal Savings Bank 14 2.80% $5,505
    LOANDEPOT.COM, LLC 13 2.38% $7,511
    CLEARPATH LENDING 11 2.25% $5,580
    GUILD MORTGAGE COMPANY 9 2.68% $10,797
    Plains Commerce Bank 9 2.57% $6,944
    Wells Fargo Bank 8 2.64% $5,248
    VILLAGE CAPITAL MORTGAGE 8 2.47% $2,771
    Glacier Bank 6 2.77% $13,425
    The Federal Savings Bank 5 2.78% $18,110
    AMERICAN FINANCIAL NETWORK, INC. 5 2.28% $6,750
    CALIBER HOME LOANS, INC. 5 2.55% $5,074
    BROKER SOLUTIONS, INC. 5 2.25% $3,569
    NBKC BANK 5 2.70% $7,134
    Low VA Rates, LLC 4 2.31% $7,282
    GUARANTEED RATE, INC. 4 2.41% $8,295
    PENTAGON FEDERAL CREDIT UNION 3 2.25% $2,711
    AMERISAVE MORTGAGE CORPORATION 3 2.67% $7,031
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 2.83% $11,413
    ACCELERATE MORTGAGE, LLC 3 2.25% $3,392
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.08% $10,186
    Mr. Cooper ( Nationstar Mortgage ) 2 2.50% $5,567
    AMERICAN FINANCING CORPORATION 2 2.25% $4,284
    Amerifirst Financial, Inc. 2 2.81% $3,222
    Equity Prime Mortgage LLC 2 3.63% $9,006
    FINANCE OF AMERICA MORTGAGE LLC 2 2.25% $11,196
    First Interstate Bank 2 2.50% $3,414
    Flagstar Bank, FSB 2 2.56% $4,827
    HOME POINT FINANCIAL CORPORATION 2 2.25% $3,877
    Magnolia Bank 2 2.25% $5,002
    North American Savings Bank, F.S.B. 2 2.56% $5,095
    PLANET HOME LENDING, LLC 2 2.38% $3,917
    SOVEREIGN LENDING GROUP INCORPORATED 2 2.31% $15,393
    Florida Capital Bank 1 2.63% $7,720
    First Savings Bank 1 2.25% $15,709
    First Home Bank 1 2.25% $3,547
    NEWREZ LLC 1 2.50% $1,613
    U.S. Bank 1 3.13% $2,739
    OCMBC, INC. 1 3.25% $3,658
    Opportunity Bank of Montana 1 2.25% $1,209
    ENVOY MORTGAGE, LTD 1 3.13% $4,429
    CORNERSTONE HOME LENDING, INC. 1 2.75% $19,281
    Community First National Bank 1 2.38% $4,902
    BNC National Bank 1 2.25% $2,799
    PLAZA HOME MORTGAGE, INC. 1 2.38% $16,916
    CMG MORTGAGE, INC. 1 2.75% $13,006
    RELIANCE FIRST CAPITAL, LLC 1 2.63% $7,575
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.00% $4,186
    Bell Bank 1 2.88% $1,868
    SUN WEST MORTGAGE COMPANY, INC. 1 2.25% $3,200
    The Central Trust Bank 1 2.25% $1,890
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 3.63% $16,322
    Carrington Mortgage Services, LLC 1 2.88% $2,981
    CANOPY MORTGAGE, LLC 1 2.25% $2,565
    Meridian Bank Corporation 1 2.38% $4,787
    INTERNATIONAL CITY MORTGAGE, INC. 1 3.13% $3,597
    MUTUAL OF OMAHA MORTGAGE, INC. 1 3.25% $1,670

    The top Kalispell VA lender as defined by loan originations is BAY EQUITY LLC, with 52 VA loans originated. Their average total fees are $5,977, which is $2,583 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Kalispell VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,104), FREEDOM MORTGAGE CORPORATION ($3,933), UNITED WHOLESALE MORTGAGE, LLC ($4,843), NAVY FEDERAL CREDIT UNION ($5,240) and USAA Federal Savings Bank ($5,505).

    The lowest rate Kalispell VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.25%), FREEDOM MORTGAGE CORPORATION (2.37%), PENNYMAC LOAN SERVICES, LLC (2.37%), LOANDEPOT.COM, LLC (2.38%) and QUICKEN LOANS, LLC (2.42%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Kalispell (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 $487,000 (7.2%) $979,762 (9.5%) 0.00 741
    2018-02-01 $499,000 (8.7%) $983,837 (9.5%) 0.00 723
    2018-03-01 $499,000 (7.6%) $939,716 (2.6%) 0.00 788
    2018-04-01 $499,000 (6.3%) $969,438 (3.2%) 0.00 809
    2018-05-01 $499,000 (3.6%) $926,069 (-0.8%) 0.00 918
    2018-06-01 $499,000 (4.6%) $887,150 (-3.0%) 0.00 1,092
    2018-07-01 $470,561 (-1.9%) $836,004 (-8.6%) 0.00 1,286
    2018-08-01 $449,900 (-7.9%) $797,890 (-12.6%) 0.00 1,386
    2018-09-01 $449,500 (-9.2%) $791,899 (-14.1%) 0.00 1,374
    2018-10-01 $449,000 (-9.0%) $786,205 (-15.7%) 0.00 1,297
    2018-11-01 $441,700 (-9.8%) $749,278 (-20.9%) 0.00 1,190
    2018-12-01 $435,000 (-9.4%) $751,012 (-22.0%) 0.00 1,105
    2019-01-01 $433,575 (-11.0%) $768,882 (-21.5%) 0.00 982
    2019-02-01 $437,000 (-12.4%) $780,843 (-20.6%) 0.00 891
    2019-03-01 $474,429 (-4.9%) $838,582 (-10.8%) 0.00 863
    2019-04-01 $499,000 (0.0%) $846,499 (-12.7%) 0.00 898
    2019-05-01 $499,000 (0.0%) $802,451 (-13.4%) 0.00 1,022
    2019-06-01 $499,000 (0.0%) $780,822 (-12.0%) 0.00 1,119
    2019-07-01 $486,750 (3.4%) $778,099 (-6.9%) 0.00 1,196
    2019-08-01 $477,759 (6.2%) $784,517 (-1.7%) 0.00 1,167
    2019-09-01 $475,898 (5.9%) $797,766 (0.7%) 0.00 1,104
    2019-10-01 $474,225 (5.6%) $812,914 (3.4%) 0.00 1,039
    2019-11-01 $460,700 (4.3%) $845,087 (12.8%) 0.00 909
    2019-12-01 $449,900 (3.4%) $876,759 (16.7%) 0.00 828
    2020-01-01 $442,500 (2.1%) $881,483 (14.6%) 0.00 725
    2020-02-01 $439,900 (0.7%) $883,388 (13.1%) 0.00 649
    2020-03-01 $454,450 (-4.2%) $874,678 (4.3%) 0.00 676
    2020-04-01 $459,450 (-7.9%) $831,365 (-1.8%) 0.00 764
    2020-05-01 $489,000 (-2.0%) $842,248 (5.0%) 0.00 755
    2020-06-01 $499,000 (0.0%) $851,005 (9.0%) 0.00 738
    2020-07-01 $519,468 (6.7%) $934,018 (20.0%) 0.00 683
    2020-08-01 $497,700 (4.2%) $912,998 (16.4%) 0.00 658
    2020-09-01 $526,250 (10.6%) $998,284 (25.1%) 0.00 597
    2020-10-01 $489,000 (3.1%) $1,017,014 (25.1%) 0.00 512
    2020-11-01 $475,700 (3.3%) $1,064,966 (26.0%) 0.00 480
    2020-12-01 $448,500 (-0.3%) $1,027,140 (17.2%) 0.00 456
    2021-01-01 $439,000 (-0.8%) $1,000,624 (13.5%) 0.00 404
    2021-02-01 $405,975 (-7.7%) $1,008,902 (14.2%) 0.00 312
    2021-03-01 $464,725 (2.3%) $1,046,870 (19.7%) 0.00 319
    2021-04-01 $534,025 (16.2%) $1,045,426 (25.8%) 0.00 357
    2021-05-01 $599,773 (22.7%) $1,078,425 (28.0%) 0.00 399
    2021-06-01 $649,000 (30.1%) $1,189,360 (39.8%) 0.00 462
    2021-07-01 $699,000 (34.6%) $1,223,731 (31.0%) 0.00 553
    2021-08-01 $734,743 (47.6%) $1,227,683 (34.5%) 0.00 555
    2021-09-01 $725,000 (37.8%) $1,242,903 (24.5%) 0.00 578
    2021-10-01 $725,000 (48.3%) $1,296,566 (27.5%) 0.00 526
    2021-11-01 $699,824 (47.1%) $1,285,258 (20.7%) 0.00 461
    2021-12-01 $699,206 (55.9%) $1,339,526 (30.4%) 0.00 420
    2022-01-01 $499,900 (13.9%) $1,213,913 (21.3%) 0.00 419
    2022-02-01 $472,400 (16.4%) $1,178,083 (16.8%) 0.00 395
    2022-03-01 $487,900 (5.0%) $1,191,091 (13.8%) 0.00 394
    2022-04-01 $567,000 (6.2%) $1,182,797 (13.1%) 0.00 429
    2022-05-01 $629,750 (5.0%) $1,234,416 (14.5%) 0.00 510
    2022-06-01 $694,500 (7.0%) $1,263,273 (6.2%) 0.00 645
    2022-07-01 $749,000 (7.2%) $1,271,848 (3.9%) 0.00 848
    2022-08-01 $722,150 (-1.7%) $1,233,345 (0.5%) 0.00 917
    2022-09-01 $722,025 (-0.4%) $1,278,589 (2.9%) 0.00 859
    2022-10-01 $749,000 (3.3%) $1,317,447 (1.6%) 0.00 757
    2022-11-01 $707,475 (1.1%) $1,299,176 (1.1%) 0.00 727
    Kalispell's median listing price for 2022-11-01 was $707,475, a difference of $7,651 (1.1%) versus the prior year and $-41,525 versus the prior month.

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

    Kalispell's average listing price for 2022-11-01 was $1,299,176, a difference of $13,918 (1.1%) versus the prior year and $-18,271 versus the prior month.

    For the 2022-11-01 period, Kalispell had 727 MLS listings, a difference of -30 listings (-4%) versus the prior month and 266 listings (58%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Kalispell (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,479 sqft
    2018-02-01 0 days 2,500 sqft
    2018-03-01 0 days 2,448 sqft
    2018-04-01 0 days 2,479 sqft
    2018-05-01 0 days 2,443 sqft
    2018-06-01 0 days 2,443 sqft
    2018-07-01 0 days 2,321 sqft
    2018-08-01 0 days 2,258 sqft
    2018-09-01 0 days 2,262 sqft
    2018-10-01 0 days 2,248 sqft
    2018-11-01 0 days 2,180 sqft
    2018-12-01 0 days 2,163 sqft
    2019-01-01 0 days 2,112 sqft
    2019-02-01 0 days 2,105 sqft
    2019-03-01 0 days 2,208 sqft
    2019-04-01 0 days 2,279 sqft
    2019-05-01 0 days 2,338 sqft
    2019-06-01 0 days 2,376 sqft
    2019-07-01 0 days 2,293 sqft
    2019-08-01 0 days 2,284 sqft
    2019-09-01 0 days 2,259 sqft
    2019-10-01 0 days 2,250 sqft
    2019-11-01 0 days 2,249 sqft
    2019-12-01 0 days 2,158 sqft
    2020-01-01 0 days 2,128 sqft
    2020-02-01 0 days 2,089 sqft
    2020-03-01 0 days 2,102 sqft
    2020-04-01 0 days 2,106 sqft
    2020-05-01 0 days 2,160 sqft
    2020-06-01 0 days 2,189 sqft
    2020-07-01 0 days 2,199 sqft
    2020-08-01 0 days 2,092 sqft
    2020-09-01 0 days 2,110 sqft
    2020-10-01 0 days 2,091 sqft
    2020-11-01 0 days 2,055 sqft
    2020-12-01 0 days 1,886 sqft
    2021-01-01 0 days 1,722 sqft
    2021-02-01 0 days 1,651 sqft
    2021-03-01 0 days 1,721 sqft
    2021-04-01 0 days 1,943 sqft
    2021-05-01 0 days 1,936 sqft
    2021-06-01 0 days 1,941 sqft
    2021-07-01 0 days 1,948 sqft
    2021-08-01 0 days 2,024 sqft
    2021-09-01 0 days 2,102 sqft
    2021-10-01 0 days 2,031 sqft
    2021-11-01 0 days 2,021 sqft
    2021-12-01 0 days 1,973 sqft
    2022-01-01 0 days 1,542 sqft
    2022-02-01 0 days 1,426 sqft
    2022-03-01 0 days 1,469 sqft
    2022-04-01 0 days 1,563 sqft
    2022-05-01 0 days 1,657 sqft
    2022-06-01 0 days 1,880 sqft
    2022-07-01 0 days 1,915 sqft
    2022-08-01 0 days 1,938 sqft
    2022-09-01 0 days 1,882 sqft
    2022-10-01 0 days 2,030 sqft
    2022-11-01 0 days 2,028 sqft
    Kalispell's median listing age (time on market) for 2022-11-01 was 0 days.

    Kalispell's median square footage for active listings during the 2022-11-01 period was 2,028 sqft. One year prior, the average listing was 2,021 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.