Kearney VA Loan Rates, Closing Costs & Stats

Kearney, NE

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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.

    Kearney's 23 lenders originated 51 VA loans during 2023. The total origination value was $15,065,000, with an average VA loan value of $295,392.

    Kearney VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Kearney averaged 7.19% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Kearney's average VA mortgage closing costs are $5,310.

    The average rate for the prior week (2024-04-12) was 6.72% and one month ago for the week of 2024-03-15, the average rate was 6.58%.

    The average rate one year ago was 6.47%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.76%.

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

    Kearney 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 Kearney level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 10 6.85% $5,890
    First National Bank of Omaha 8 6.33% $9,521
    QUICKEN LOANS, LLC 6 5.81% $10,051
    Pinnacle Bank 5 6.33% $7,753
    NAVY FEDERAL CREDIT UNION 2 5.94% $9,935
    West Gate Bank 2 6.56% $14,215
    MORIA DEVELOPMENT, INC. 1 6.88% $1,528
    Mr. Cooper ( Nationstar Mortgage ) 1 5.63% $16,219
    CHARTER WEST BANK 1 6.50% $12,843
    PENNYMAC LOAN SERVICES, LLC 1 5.13% $11,934
    Plains Commerce Bank 1 6.25% $4,277
    SUN WEST MORTGAGE COMPANY, INC. 1 6.00% $12,056
    The Federal Savings Bank 1 7.25% $12,051
    UNITED WHOLESALE MORTGAGE, LLC 1 6.12% $18,828
    USAA Federal Savings Bank 1 5.75% $7,848
    VILLAGE CAPITAL MORTGAGE 1 5.25% $10,090
    Wells Fargo Bank 1 6.50% $1,516
    NEW DAY FINANCIAL, LLC 1 7.99% $11,297
    CHURCHILL MORTGAGE CORPORATION 1 6.75% $12,120
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $175
    First Federal Bank 1 5.63% $1,557
    Gateway First Bank 1 5.75% $6,591
    Magnolia Bank 1 5.63% $20,123

    The top Kearney VA lender as defined by loan originations is Mortgage Research Center, LLC, with 10 VA loans originated. Their average total fees are $5,890, which is $3,631 lower than the next largest lender, First National Bank of Omaha.

    The lowest fee Kearney VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,890), .

    The lowest rate Kearney VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.85%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Kearney (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 $201,650 (-6.5%) $243,191 (7.5%) 0.00 132
    2018-02-01 $206,725 (1.6%) $244,694 (4.7%) 0.00 135
    2018-03-01 $225,000 (14.4%) $254,100 (6.8%) 0.00 132
    2018-04-01 $217,425 (10.1%) $248,589 (4.2%) 0.00 139
    2018-05-01 $230,750 (3.7%) $259,462 (1.5%) 0.00 142
    2018-06-01 $234,950 (1.3%) $266,041 (-2.3%) 0.00 157
    2018-07-01 $229,650 (0.6%) $268,691 (-0.3%) 0.00 156
    2018-08-01 $220,000 (-5.4%) $256,871 (-3.1%) 0.00 159
    2018-09-01 $219,900 (-6.8%) $247,433 (-7.8%) 0.00 160
    2018-10-01 $218,925 (-1.7%) $244,147 (-6.6%) 0.00 174
    2018-11-01 $214,225 (-2.5%) $239,581 (-5.6%) 0.00 172
    2018-12-01 $200,000 (-2.4%) $231,729 (-7.3%) 0.00 174
    2019-01-01 $195,400 (-3.1%) $225,739 (-7.2%) 0.00 169
    2019-02-01 $197,175 (-4.6%) $228,630 (-6.6%) 0.00 165
    2019-03-01 $218,514 (-2.9%) $239,372 (-5.8%) 0.00 166
    2019-04-01 $228,575 (5.1%) $242,996 (-2.3%) 0.00 174
    2019-05-01 $219,375 (-4.9%) $236,495 (-8.9%) 0.00 172
    2019-06-01 $225,000 (-4.2%) $245,272 (-7.8%) 0.00 166
    2019-07-01 $229,225 (-0.2%) $244,328 (-9.1%) 0.00 154
    2019-08-01 $228,209 (3.7%) $242,265 (-5.7%) 0.00 154
    2019-09-01 $226,348 (2.9%) $243,964 (-1.4%) 0.00 151
    2019-10-01 $224,900 (2.7%) $243,243 (-0.4%) 0.00 148
    2019-11-01 $219,000 (2.2%) $239,515 (0.0%) 0.00 133
    2019-12-01 $214,900 (7.5%) $232,429 (0.3%) 0.00 128
    2020-01-01 $209,950 (7.5%) $224,656 (-0.5%) 0.00 121
    2020-02-01 $198,250 (0.6%) $224,641 (-1.8%) 0.00 103
    2020-03-01 $209,900 (-3.9%) $236,357 (-1.3%) 0.00 97
    2020-04-01 $209,425 (-8.4%) $243,672 (0.3%) 0.00 102
    2020-05-01 $242,500 (10.5%) $265,009 (12.1%) 0.00 90
    2020-06-01 $255,650 (13.6%) $284,091 (15.8%) 0.00 85
    2020-07-01 $257,725 (12.4%) $289,643 (18.6%) 0.00 81
    2020-08-01 $254,950 (11.7%) $277,951 (14.7%) 0.00 86
    2020-09-01 $216,075 (-4.5%) $246,315 (1.0%) 0.00 63
    2020-10-01 $213,500 (-5.1%) $250,616 (3.0%) 0.00 67
    2020-11-01 $230,950 (5.5%) $267,408 (11.7%) 0.00 63
    2020-12-01 $236,200 (9.9%) $275,384 (18.5%) 0.00 53
    2021-01-01 $239,900 (14.3%) $300,959 (34.0%) 0.00 37
    2021-02-01 $281,225 (41.9%) $312,013 (38.9%) 0.00 38
    2021-03-01 $274,950 (31.0%) $318,012 (34.6%) 0.00 34
    2021-04-01 $333,250 (59.1%) $368,245 (51.1%) 0.00 26
    2021-05-01 $266,200 (9.8%) $352,223 (32.9%) 0.00 31
    2021-06-01 $241,675 (-5.5%) $341,510 (20.2%) 0.00 39
    2021-07-01 $259,900 (0.8%) $358,854 (23.9%) 0.00 41
    2021-08-01 $266,875 (4.7%) $369,204 (32.8%) 0.00 45
    2021-09-01 $249,975 (15.7%) $352,455 (43.1%) 0.00 51
    2021-10-01 $284,900 (33.4%) $335,290 (33.8%) 0.00 51
    2021-11-01 $244,250 (5.8%) $292,621 (9.4%) 0.00 61
    2021-12-01 $265,925 (12.6%) $288,324 (4.7%) 0.00 48
    2022-01-01 $269,000 (12.1%) $289,003 (-4.0%) 0.00 37
    2022-02-01 $284,600 (1.2%) $303,093 (-2.9%) 0.00 30
    2022-03-01 $315,000 (14.6%) $317,012 (-0.3%) 0.00 27
    2022-04-01 $317,500 (-4.7%) $313,704 (-14.8%) 0.00 29
    2022-05-01 $267,450 (0.5%) $304,443 (-13.6%) 0.00 37
    2022-06-01 $329,700 (36.4%) $362,907 (6.3%) 0.00 51
    2022-07-01 $329,700 (26.9%) $371,997 (3.7%) 0.00 60
    2022-08-01 $284,900 (6.8%) $352,474 (-4.5%) 0.00 69
    2022-09-01 $284,800 (13.9%) $342,308 (-2.9%) 0.00 77
    2022-10-01 $312,900 (9.8%) $352,179 (5.0%) 0.00 76
    2022-11-01 $319,900 (31.0%) $354,005 (21.0%) 0.00 71
    2022-12-01 $319,900 (20.3%) $335,388 (16.3%) 0.00 61
    2023-01-01 $322,900 (20.0%) $323,943 (12.1%) 0.00 56
    2023-02-01 $346,225 (21.7%) $331,555 (9.4%) 0.00 47
    2023-03-01 $351,150 (11.5%) $361,753 (14.1%) 0.00 42
    2023-04-01 $349,900 (10.2%) $359,905 (14.7%) 0.00 38
    2023-05-01 $379,000 (41.7%) $389,223 (27.9%) 0.00 39
    2023-06-01 $332,250 (0.8%) $353,632 (-2.6%) 0.00 49
    2023-07-01 $315,000 (-4.5%) $339,403 (-8.8%) 0.00 64
    2023-08-01 $334,675 (17.5%) $363,151 (3.0%) 0.00 71
    2023-09-01 $332,350 (16.7%) $352,259 (2.9%) 0.00 75
    2023-10-01 $333,400 (6.6%) $348,527 (-1.0%) 0.00 96
    2023-11-01 $330,625 (3.4%) $352,542 (-0.4%) 0.00 105
    2023-12-01 $329,950 (3.1%) $360,927 (7.6%) 0.00 95
    2024-01-01 $331,550 (2.7%) $360,193 (11.2%) 0.00 85
    2024-02-01 $333,400 (-3.7%) $359,239 (8.4%) 0.00 77
    2024-03-01 $344,850 (-1.8%) $410,098 (13.4%) 0.00 55
    Kearney's median listing price for 2024-03-01 was $344,850, a difference of $-6,300 (-1.8%) versus the prior year and $11,450 versus the prior month.

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

    Kearney's average listing price for 2024-03-01 was $410,098, a difference of $48,345 (13.4%) versus the prior year and $50,859 versus the prior month.

    For the 2024-03-01 period, Kearney had 55 MLS listings, a difference of -22 listings (-29%) versus the prior month and 13 listings (31%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Kearney (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,454 sqft
    2018-02-01 0 days 2,490 sqft
    2018-03-01 0 days 2,659 sqft
    2018-04-01 0 days 2,401 sqft
    2018-05-01 0 days 2,693 sqft
    2018-06-01 0 days 2,744 sqft
    2018-07-01 0 days 2,673 sqft
    2018-08-01 0 days 2,562 sqft
    2018-09-01 0 days 2,544 sqft
    2018-10-01 0 days 2,540 sqft
    2018-11-01 0 days 2,496 sqft
    2018-12-01 0 days 2,464 sqft
    2019-01-01 0 days 2,404 sqft
    2019-02-01 0 days 2,434 sqft
    2019-03-01 0 days 2,539 sqft
    2019-04-01 0 days 2,532 sqft
    2019-05-01 0 days 2,498 sqft
    2019-06-01 0 days 2,542 sqft
    2019-07-01 0 days 2,580 sqft
    2019-08-01 0 days 2,564 sqft
    2019-09-01 0 days 2,564 sqft
    2019-10-01 0 days 2,563 sqft
    2019-11-01 0 days 2,520 sqft
    2019-12-01 0 days 2,520 sqft
    2020-01-01 0 days 2,444 sqft
    2020-02-01 0 days 2,356 sqft
    2020-03-01 0 days 2,349 sqft
    2020-04-01 0 days 2,588 sqft
    2020-05-01 0 days 2,602 sqft
    2020-06-01 0 days 2,645 sqft
    2020-07-01 0 days 2,696 sqft
    2020-08-01 0 days 2,688 sqft
    2020-09-01 0 days 2,514 sqft
    2020-10-01 0 days 2,520 sqft
    2020-11-01 0 days 2,507 sqft
    2020-12-01 0 days 2,520 sqft
    2021-01-01 0 days 2,704 sqft
    2021-02-01 0 days 2,920 sqft
    2021-03-01 0 days 2,886 sqft
    2021-04-01 0 days 3,168 sqft
    2021-05-01 0 days 2,746 sqft
    2021-06-01 0 days 2,608 sqft
    2021-07-01 0 days 2,621 sqft
    2021-08-01 0 days 2,706 sqft
    2021-09-01 0 days 2,648 sqft
    2021-10-01 0 days 2,740 sqft
    2021-11-01 0 days 2,602 sqft
    2021-12-01 0 days 2,597 sqft
    2022-01-01 0 days 2,760 sqft
    2022-02-01 0 days 2,707 sqft
    2022-03-01 0 days 2,585 sqft
    2022-04-01 0 days 2,548 sqft
    2022-05-01 0 days 2,548 sqft
    2022-06-01 0 days 2,576 sqft
    2022-07-01 0 days 2,576 sqft
    2022-08-01 0 days 2,572 sqft
    2022-09-01 0 days 2,566 sqft
    2022-10-01 0 days 2,734 sqft
    2022-11-01 0 days 2,725 sqft
    2022-12-01 0 days 2,667 sqft
    2023-01-01 0 days 2,543 sqft
    2023-02-01 0 days 2,555 sqft
    2023-03-01 0 days 2,755 sqft
    2023-04-01 0 days 2,754 sqft
    2023-05-01 0 days 2,777 sqft
    2023-06-01 0 days 2,631 sqft
    2023-07-01 0 days 2,614 sqft
    2023-08-01 0 days 2,728 sqft
    2023-09-01 0 days 2,751 sqft
    2023-10-01 0 days 2,718 sqft
    2023-11-01 0 days 2,715 sqft
    2023-12-01 0 days 2,693 sqft
    2024-01-01 0 days 2,717 sqft
    2024-02-01 0 days 2,569 sqft
    2024-03-01 0 days 2,568 sqft
    Kearney's median listing age (time on market) for 2024-03-01 was 0 days.

    Kearney's median square footage for active listings during the 2024-03-01 period was 2,568 sqft. One year prior, the average listing was 2,755 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.