Kennewick VA Loan Rates, Closing Costs & Stats

KENNEWICK-RICHLAND, WA

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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.

    Kennewick's 69 lenders originated 493 VA loans during 2024. The total origination value was $218,705,000, with an average VA loan value of $443,621.

    Kennewick VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Kennewick averaged 6.46% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Kennewick's average VA mortgage closing costs are $7,573.

    The average rate for the prior week (2025-03-28) was 6.68% and one month ago for the week of 2025-02-28, the average rate was 6.56%.

    The average rate one year ago was 6.77%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.86%.

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

    Kennewick 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 Kennewick level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 82 5.88% $9,416
    Mortgage Research Center, LLC 54 6.25% $6,738
    CMG MORTGAGE, INC. 42 5.93% $15,193
    QUICKEN LOANS, LLC 29 5.96% $15,020
    FREEDOM MORTGAGE CORPORATION 21 6.10% $13,985
    AMERICAN PACIFIC MORTGAGE CORPORATION 18 6.29% $17,510
    NAVY FEDERAL CREDIT UNION 16 5.86% $5,330
    1st Security Bank of Washington 15 6.00% $12,622
    CHURCHILL MORTGAGE CORPORATION 12 6.41% $15,161
    Flagstar Bank, FSB 12 6.26% $12,868
    PENNYMAC LOAN SERVICES, LLC 11 5.51% $8,260
    USAA Federal Savings Bank 11 6.23% $11,475
    CROSSCOUNTRY MORTGAGE, LLC 9 6.01% $10,982
    Cornerstone First Mortgage, Inc 8 6.47% $14,252
    PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.16% $4,967
    Umpqua Bank 6 6.38% $7,994
    PLANET HOME LENDING, LLC 6 6.06% $7,020
    BROKER SOLUTIONS, INC. 6 6.44% $9,053
    LOANDEPOT.COM, LLC 5 6.20% $11,957
    SUMMIT FUNDING, INC. 5 6.30% $14,701
    PREMIER MORTGAGE RESOURCES, L.L.C. 5 5.88% $22,935
    NEWREZ LLC 5 6.15% $8,136
    MOVEMENT MORTGAGE, LLC 5 6.00% $13,668
    LAKEVIEW LOAN SERVICING, LLC 5 5.85% $4,683
    DHI MORTGAGE COMPANY, LTD. 4 5.06% $15,198
    Mr. Cooper ( Nationstar Mortgage ) 4 6.44% $21,387
    The Federal Savings Bank 4 6.28% $24,343
    VILLAGE CAPITAL MORTGAGE 4 5.69% $8,563
    U.S. Bank 3 6.21% $11,324
    Carrington Mortgage Services, LLC 3 6.04% $19,325
    PENTAGON FEDERAL CREDIT UNION 3 6.00% $9,754
    MORTGAGEONE, INC. 3 5.88% $8,045
    MUTUAL OF OMAHA MORTGAGE, INC. 3 6.04% $21,705
    SUN WEST MORTGAGE COMPANY, INC. 2 5.55% $2,898
    NATIONS DIRECT MORTGAGE, LLC 2 5.75% $17,010
    GENEVA FINANCIAL, LLC 2 6.75% $8,083
    AMERICAN FINANCIAL NETWORK, INC. 2 5.56% $14,674
    Willamette Valley Bank 2 6.25% $18,714
    GUILD MORTGAGE COMPANY 2 6.38% $16,081
    HOMESIDE FINANCIAL, LLC 2 6.50% $11,555
    NEW DAY FINANCIAL, LLC 2 7.06% $13,659
    NBKC BANK 2 5.63% $2,442
    JPMorgan Chase Bank 2 5.62% $5,349
    AMERISAVE MORTGAGE CORPORATION 2 5.94% $18,633
    First Federal Bank 2 5.75% $1,771
    GUARANTEED RATE, INC. 2 6.75% $12,153
    Watermark Capital, Inc. 1 6.25% $4,179
    The Loan Store, Inc. 1 6.00% $10,007
    AMERICAN FINANCING CORPORATION 1 5.25% $11,127
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.25% $33,078
    HomeStreet Bank 1 5.63% $25,419
    CARDINAL FINANCIAL 1 6.25% $13,904
    First Western Trust Bank 1 6.13% $5,333
    Washington Trust Bank 1 7.00% $12,488
    Nations Lending Corporation 1 6.75% $1,562
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $7,655
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 7.25% $7,231
    NP, Inc. 1 6.50% $7,203
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.75% $8,238
    Paramount Bank 1 6.13% $2,617
    Paramount Residential Mortgage Group, Inc. 1 6.75% $9,370
    Credence Funding Corporation 1 4.88% $8,966
    PHH Mortgage Corporation 1 5.38% $3,275
    Century Mortgage Company DBA Century Lending Company 1 5.99% $0
    PREMIA MORTGAGE, LLC 1 5.00% $4
    JMAC LENDING, INC. 1 5.25% $12,369
    RESIDENTIAL MORTGAGE, LLC 1 6.75% $4,832
    American Mortgage & Equity Consultants, Inc. 1 5.49% $13,187
    Sunflower Bank 1 5.49% $6,828

    The top Kennewick VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 82 VA loans originated. Their average total fees are $9,416, which is $2,678 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Kennewick VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($5,330), Mortgage Research Center, LLC ($6,738), PENNYMAC LOAN SERVICES, LLC ($8,260), UNITED WHOLESALE MORTGAGE, LLC ($9,416) and USAA Federal Savings Bank ($11,475).

    The lowest rate Kennewick VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.51%), NAVY FEDERAL CREDIT UNION (5.86%), UNITED WHOLESALE MORTGAGE, LLC (5.88%), CMG MORTGAGE, INC. (5.93%) and QUICKEN LOANS, LLC (5.96%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Kennewick (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 $316,575 (6.6%) $339,630 (2.4%) 1.17 833
    2018-02-01 $322,450 (1.6%) $344,325 (0.4%) 1.17 825
    2018-03-01 $329,800 (1.5%) $354,695 (1.4%) 1.16 850
    2018-04-01 $324,975 (0.0%) $353,587 (1.4%) 1.10 933
    2018-05-01 $330,000 (0.3%) $356,641 (0.6%) 1.10 990
    2018-06-01 $334,000 (0.5%) $356,504 (-1.9%) 1.11 745
    2018-07-01 $330,750 (1.8%) $354,951 (0.4%) 1.10 1,075
    2018-08-01 $322,450 (1.1%) $353,370 (0.9%) 1.08 1,134
    2018-09-01 $318,230 (6.2%) $352,338 (7.1%) 1.07 1,159
    2018-10-01 $318,615 (6.2%) $355,604 (8.4%) 1.08 1,147
    2018-11-01 $316,525 (4.0%) $354,420 (7.2%) 1.07 1,066
    2018-12-01 $320,000 (3.2%) $357,779 (6.9%) 1.10 947
    2019-01-01 $320,000 (1.1%) $353,449 (4.1%) 1.11 884
    2019-02-01 $322,335 (0.0%) $353,936 (2.8%) 1.09 823
    2019-03-01 $338,923 (2.8%) $370,285 (4.4%) 1.11 665
    2019-04-01 $357,725 (10.1%) $391,783 (10.8%) 1.14 519
    2019-05-01 $349,979 (6.1%) $390,175 (9.4%) 1.09 539
    2019-06-01 $359,000 (7.5%) $397,081 (11.4%) 1.12 543
    2019-07-01 $364,225 (10.1%) $402,174 (13.3%) 1.14 583
    2019-08-01 $362,018 (12.3%) $401,043 (13.5%) 1.15 631
    2019-09-01 $352,389 (10.7%) $389,168 (10.5%) 1.13 692
    2019-10-01 $345,970 (8.6%) $381,250 (7.2%) 1.12 712
    2019-11-01 $350,000 (10.6%) $397,106 (12.0%) 1.15 682
    2019-12-01 $351,900 (10.0%) $395,749 (10.6%) 1.17 632
    2020-01-01 $359,900 (12.5%) $401,652 (13.6%) 1.20 577
    2020-02-01 $373,708 (15.9%) $404,642 (14.3%) 1.22 498
    2020-03-01 $384,972 (13.6%) $416,590 (12.5%) 1.21 499
    2020-04-01 $397,400 (11.1%) $421,967 (7.7%) 1.24 498
    2020-05-01 $409,950 (17.1%) $432,531 (10.9%) 1.25 475
    2020-06-01 $402,500 (12.1%) $435,713 (9.7%) 1.19 486
    2020-07-01 $414,288 (13.7%) $446,390 (11.0%) 1.20 502
    2020-08-01 $409,000 (13.0%) $442,641 (10.4%) 1.17 469
    2020-09-01 $399,900 (13.5%) $451,503 (16.0%) 1.15 465
    2020-10-01 $399,900 (15.6%) $452,538 (18.7%) 1.15 469
    2020-11-01 $402,725 (15.1%) $458,393 (15.4%) 1.18 416
    2020-12-01 $418,400 (18.9%) $467,591 (18.2%) 1.24 347
    2021-01-01 $418,825 (16.4%) $472,255 (17.6%) 1.25 313
    2021-02-01 $427,450 (14.4%) $487,732 (20.5%) 1.24 280
    2021-03-01 $440,925 (14.5%) $488,179 (17.2%) 1.25 234
    2021-04-01 $443,975 (11.7%) $497,243 (17.8%) 1.20 203
    2021-05-01 $460,000 (12.2%) $504,389 (16.6%) 1.22 200
    2021-06-01 $477,723 (18.7%) $514,869 (18.2%) 1.26 205
    2021-07-01 $472,500 (14.1%) $516,576 (15.7%) 1.25 243
    2021-08-01 $506,213 (23.8%) $539,037 (21.8%) 1.35 293
    2021-09-01 $499,450 (24.9%) $532,473 (17.9%) 1.33 356
    2021-10-01 $512,875 (28.3%) $552,306 (22.1%) 1.37 389
    2021-11-01 $526,938 (30.8%) $566,403 (23.6%) 1.41 416
    2021-12-01 $531,913 (27.1%) $576,270 (23.2%) 1.44 392
    2022-01-01 $551,400 (31.7%) $581,924 (23.2%) 1.49 338
    2022-02-01 $534,940 (25.2%) $572,735 (17.4%) 1.39 305
    2022-03-01 $542,188 (23.0%) $577,866 (18.4%) 1.36 309
    2022-04-01 $525,000 (18.3%) $563,840 (13.4%) 1.25 328
    2022-05-01 $530,150 (15.3%) $564,771 (12.0%) 1.21 355
    2022-06-01 $537,000 (12.4%) $573,579 (11.4%) 1.20 409
    2022-07-01 $525,000 (11.1%) $565,848 (9.5%) 1.18 541
    2022-08-01 $525,000 (3.7%) $567,231 (5.2%) 1.21 572
    2022-09-01 $539,700 (8.1%) $580,669 (9.1%) 1.26 547
    2022-10-01 $549,900 (7.2%) $583,976 (5.7%) 1.29 641
    2022-11-01 $545,975 (3.6%) $582,037 (2.8%) 1.31 674
    2022-12-01 $549,900 (3.4%) $577,170 (0.2%) 1.36 614
    2023-01-01 $551,950 (0.1%) $575,748 (-1.1%) 1.37 555
    2023-02-01 $559,450 (4.6%) $580,726 (1.4%) 1.35 526
    2023-03-01 $549,948 (1.4%) $584,283 (1.1%) 1.30 504
    2023-04-01 $544,950 (3.8%) $590,356 (4.7%) 1.27 526
    2023-05-01 $542,423 (2.3%) $600,010 (6.2%) 1.23 601
    2023-06-01 $542,850 (1.1%) $595,611 (3.8%) 1.22 644
    2023-07-01 $549,875 (4.7%) $608,595 (7.6%) 1.25 655
    2023-08-01 $541,263 (3.1%) $610,331 (7.6%) 1.24 707
    2023-09-01 $534,875 (-0.9%) $601,651 (3.6%) 1.25 751
    2023-10-01 $517,500 (-5.9%) $589,543 (1.0%) 1.22 775
    2023-11-01 $519,900 (-4.8%) $588,596 (1.1%) 1.24 795
    2023-12-01 $517,900 (-5.8%) $582,290 (0.9%) 1.26 751
    2024-01-01 $519,113 (-6.0%) $582,593 (1.2%) 1.27 689
    2024-02-01 $501,148 (-10.4%) $569,972 (-1.9%) 1.21 669
    2024-03-01 $515,000 (-6.4%) $584,268 (0.0%) 1.21 638
    2024-04-01 $527,000 (-3.3%) $592,273 (0.3%) 1.23 662
    2024-05-01 $526,415 (-3.0%) $596,152 (-0.6%) 1.20 709
    2024-06-01 $529,850 (-2.4%) $595,967 (0.1%) 1.20 772
    2024-07-01 $525,000 (-4.5%) $594,305 (-2.4%) 1.20 812
    2024-08-01 $520,000 (-3.9%) $595,273 (-2.5%) 1.21 830
    2024-09-01 $517,450 (-3.3%) $595,224 (-1.1%) 1.22 879
    2024-10-01 $512,263 (-1.0%) $594,795 (0.9%) 1.21 878
    2024-11-01 $508,900 (-2.1%) $590,977 (0.4%) 1.22 869
    2024-12-01 $499,950 (-3.5%) $582,214 (0.0%) 1.24 796
    2025-01-01 $509,875 (-1.8%) $584,398 (0.3%) 1.27 740
    2025-02-01 $511,355 (2.0%) $583,782 (2.4%) 1.24 720
    2025-03-01 $529,000 (2.7%) $589,264 (0.9%) 0.00 708
    Kennewick's median listing price for 2025-03-01 was $529,000, a difference of $14,000 (2.7%) versus the prior year and $17,645 versus the prior month.

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

    Kennewick's average listing price for 2025-03-01 was $589,264, a difference of $4,996 (0.9%) versus the prior year and $5,482 versus the prior month.

    For the 2025-03-01 period, Kennewick had 708 MLS listings, a difference of -12 listings (-2%) versus the prior month and 70 listings (11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Kennewick (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 65 days 2,148 sqft
    2018-02-01 51 days 2,167 sqft
    2018-03-01 37 days 2,187 sqft
    2018-04-01 33 days 2,159 sqft
    2018-05-01 36 days 2,192 sqft
    2018-06-01 36 days 2,200 sqft
    2018-07-01 36 days 2,183 sqft
    2018-08-01 38 days 2,137 sqft
    2018-09-01 43 days 2,107 sqft
    2018-10-01 46 days 2,121 sqft
    2018-11-01 51 days 2,122 sqft
    2018-12-01 61 days 2,118 sqft
    2019-01-01 65 days 2,099 sqft
    2019-02-01 61 days 2,062 sqft
    2019-03-01 55 days 2,113 sqft
    2019-04-01 47 days 2,173 sqft
    2019-05-01 39 days 2,142 sqft
    2019-06-01 37 days 2,181 sqft
    2019-07-01 31 days 2,204 sqft
    2019-08-01 34 days 2,214 sqft
    2019-09-01 40 days 2,197 sqft
    2019-10-01 46 days 2,185 sqft
    2019-11-01 46 days 2,234 sqft
    2019-12-01 53 days 2,164 sqft
    2020-01-01 60 days 2,198 sqft
    2020-02-01 56 days 2,200 sqft
    2020-03-01 37 days 2,207 sqft
    2020-04-01 42 days 2,239 sqft
    2020-05-01 53 days 2,327 sqft
    2020-06-01 44 days 2,305 sqft
    2020-07-01 41 days 2,300 sqft
    2020-08-01 37 days 2,270 sqft
    2020-09-01 36 days 2,248 sqft
    2020-10-01 36 days 2,202 sqft
    2020-11-01 46 days 2,201 sqft
    2020-12-01 61 days 2,193 sqft
    2021-01-01 53 days 2,161 sqft
    2021-02-01 42 days 2,144 sqft
    2021-03-01 33 days 2,180 sqft
    2021-04-01 33 days 2,174 sqft
    2021-05-01 29 days 2,232 sqft
    2021-06-01 28 days 2,236 sqft
    2021-07-01 22 days 2,145 sqft
    2021-08-01 23 days 2,213 sqft
    2021-09-01 22 days 2,190 sqft
    2021-10-01 33 days 2,179 sqft
    2021-11-01 38 days 2,221 sqft
    2021-12-01 52 days 2,220 sqft
    2022-01-01 64 days 2,212 sqft
    2022-02-01 49 days 2,176 sqft
    2022-03-01 38 days 2,138 sqft
    2022-04-01 33 days 2,184 sqft
    2022-05-01 28 days 2,176 sqft
    2022-06-01 27 days 2,222 sqft
    2022-07-01 31 days 2,204 sqft
    2022-08-01 37 days 2,225 sqft
    2022-09-01 47 days 2,254 sqft
    2022-10-01 44 days 2,200 sqft
    2022-11-01 50 days 2,177 sqft
    2022-12-01 68 days 2,143 sqft
    2023-01-01 79 days 2,139 sqft
    2023-02-01 83 days 2,162 sqft
    2023-03-01 59 days 2,200 sqft
    2023-04-01 53 days 2,162 sqft
    2023-05-01 44 days 2,158 sqft
    2023-06-01 45 days 2,137 sqft
    2023-07-01 52 days 2,192 sqft
    2023-08-01 46 days 2,194 sqft
    2023-09-01 49 days 2,168 sqft
    2023-10-01 53 days 2,133 sqft
    2023-11-01 59 days 2,144 sqft
    2023-12-01 68 days 2,092 sqft
    2024-01-01 78 days 2,085 sqft
    2024-02-01 70 days 2,025 sqft
    2024-03-01 53 days 2,021 sqft
    2024-04-01 50 days 2,071 sqft
    2024-05-01 43 days 2,123 sqft
    2024-06-01 41 days 2,160 sqft
    2024-07-01 45 days 2,123 sqft
    2024-08-01 51 days 2,120 sqft
    2024-09-01 51 days 2,096 sqft
    2024-10-01 54 days 2,082 sqft
    2024-11-01 64 days 2,057 sqft
    2024-12-01 71 days 1,991 sqft
    2025-01-01 76 days 2,022 sqft
    2025-02-01 75 days 2,037 sqft
    2025-03-01 0 days 2,083 sqft
    Kennewick's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Kennewick's median square footage for active listings during the 2025-03-01 period was 2,083 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.