Killeen VA Loan Rates, Closing Costs & Stats

KILLEEN-TEMPLE, TX

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Killeen's 148 lenders originated 3,853 VA loans during 2023. The total origination value was $1,212,555,000, with an average VA loan value of $314,704.

    Killeen VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Killeen averaged 6.8% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Killeen's average VA mortgage closing costs are $5,770.

    The average rate for the prior week (2024-04-12) was 6.73% and one month ago for the week of 2024-03-15, the average rate was 6.19%.

    The average rate one year ago was 6.08%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.15%.

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

    Killeen 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 Killeen level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 588 6.65% $6,658
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 560 6.57% $7,421
    DHI MORTGAGE COMPANY, LTD. 531 5.26% $8,213
    First National Bank Texas 209 6.02% $6,623
    NAVY FEDERAL CREDIT UNION 169 5.80% $6,482
    SWBC MORTGAGE CORPORATION 152 6.16% $8,716
    UNITED WHOLESALE MORTGAGE, LLC 146 6.26% $7,012
    MORTGAGE SOLUTIONS OF COLORADO, LLC 104 7.73% $4,100
    CMG MORTGAGE, INC. 100 6.44% $11,978
    GUARANTEED RATE, INC. 77 6.32% $5,987
    MUTUAL OF OMAHA MORTGAGE, INC. 57 6.66% $12,123
    AMERICAN PACIFIC MORTGAGE CORPORATION 56 6.42% $11,021
    USAA Federal Savings Bank 55 6.09% $10,153
    BancorpSouth 52 6.30% $6,118
    PLAZA HOME MORTGAGE, INC. 51 6.60% $10,037
    LEADERONE FINANCIAL CORPORATION 50 6.33% $8,112
    CORNERSTONE HOME LENDING, INC. 48 6.77% $8,203
    PENTAGON FEDERAL CREDIT UNION 38 5.54% $9,005
    PENNYMAC LOAN SERVICES, LLC 35 5.37% $8,973
    QUICKEN LOANS, LLC 34 6.22% $11,583
    Wolfe Financial, Inc 33 6.79% $5,279
    Gateway First Bank 30 6.30% $6,624
    CROSSCOUNTRY MORTGAGE, LLC 28 6.88% $5,971
    Equity Prime Mortgage LLC 23 6.97% $9,491
    AMCAP MORTGAGE, LTD. 21 6.69% $12,976
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 20 6.42% $9,296
    FREEDOM MORTGAGE CORPORATION 17 6.68% $11,335
    GUARANTEED RATE AFFINITY, LLC 17 6.71% $4,064
    MOVEMENT MORTGAGE, LLC 17 6.32% $12,691
    KBHS HOME LOANS, LLC 16 5.76% $11,528
    CARDINAL FINANCIAL 16 6.46% $12,383
    NEWREZ LLC 16 6.23% $9,133
    Network Funding, L.P. 15 6.02% $14,209
    GUILD MORTGAGE COMPANY 15 6.43% $12,956
    Paramount Residential Mortgage Group, Inc. 13 6.44% $7,988
    Armed Forces Bank 13 5.99% $11,634
    Flagstar Bank, FSB 13 6.72% $7,160
    LOANDEPOT.COM, LLC 12 6.55% $11,871
    THRIVE MORTGAGE, LLC 12 6.44% $12,942
    NBKC BANK 12 5.90% $7,368
    HOMESIDE FINANCIAL, LLC 12 6.88% $8,134
    First United Bank and Trust Company 11 6.23% $13,548
    The Federal Savings Bank 8 6.78% $8,922
    NATIONS RELIABLE LENDING, LLC 8 6.44% $6,910
    VILLAGE CAPITAL MORTGAGE 8 5.81% $5,398
    SECURITYNATIONAL MORTGAGE COMPANY 8 6.95% $11,084
    Plains Commerce Bank 8 6.25% $12,824
    Wells Fargo Bank 7 5.64% $6,474
    BROKER SOLUTIONS, INC. 7 6.95% $8,711
    Waterstone Mortgage Corporation 7 6.43% $9,791
    ENVOY MORTGAGE, LTD 6 6.52% $3,978
    American Mortgage & Equity Consultants, Inc. 6 6.35% $10,002
    SENTE MORTGAGE, INC. 6 6.17% $8,137
    SUN WEST MORTGAGE COMPANY, INC. 6 6.55% $7,811
    Barrington Bank & Trust Company, N.A. 5 6.33% $7,970
    Mid-Continent Funding, Inc. 5 6.08% $10,412
    NTFN, INC. 5 6.25% $10,437
    JPMorgan Chase Bank 5 6.45% $6,487
    SeaTrust Mortgage Company 5 6.70% $7,883
    GARDNER FINANCIAL SERVICES, LTD. 5 5.30% $14,472
    ACADEMY MORTGAGE CORPORATION 4 5.66% $7,310
    AMERICAN FINANCIAL NETWORK, INC. 4 6.34% $7,574
    BOKF 4 5.75% $12,641
    FIRST COMMUNITY MORTGAGE, INC. 4 6.31% $10,009
    Mr. Cooper ( Nationstar Mortgage ) 4 6.41% $5,466
    Trinity Oaks Mortgage, LLC 4 6.16% $16,998
    UNION HOME MORTGAGE CORP. 3 7.04% $6,651
    Northpointe Bank 3 6.00% $8,500
    UNIVERSITY Federal Credit Union 3 5.75% $10,996
    Century Mortgage Company DBA Century Lending Company 3 6.88% $14,881
    SUMMIT FUNDING, INC. 3 6.63% $6,129
    CITY FIRST MORTGAGE SERVICES, L.L.C. 3 7.25% $15,196
    CHURCHILL MORTGAGE CORPORATION 3 6.54% $12,126
    Extraco Banks 3 7.08% $10,253
    The Loan Store, Inc. 3 6.79% $9,436
    EVERETT FINANCIAL, INC. 3 7.08% $9,196
    CALIBER HOME LOANS, INC. 3 6.25% $10,745
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.33% $6,954
    AMERISAVE MORTGAGE CORPORATION 2 6.50% $12,005
    V.I.P. MORTGAGE, INC. 2 5.56% $3,533
    CANOPY MORTGAGE, LLC 2 6.25% $13,397
    Encompass Lending Group, LP 2 7.06% $10,793
    SFMC, LP 2 6.37% $3,985
    Neighborhood Loans, Inc. 2 6.50% $4,168
    GENEVA FINANCIAL, LLC 2 6.88% $6,154
    T2 FINANCIAL LLC 2 6.63% $13,700
    PILGRIM MORTGAGE LLC 2 5.81% $12,979
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.69% $4,950
    PLANET HOME LENDING, LLC 2 5.63% $20,605
    LAKEVIEW LOAN SERVICING, LLC 2 5.38% $17,529
    PREMIER MORTGAGE RESOURCES, L.L.C. 2 7.63% $19,702
    U.S. Bank 2 6.06% $6,475
    MORTGAGE FINANCIAL SERVICES, LLC 2 6.31% $10,363
    MORTGAGEONE, INC. 2 7.25% $2,188
    Citizens Bank 1 7.25% $6,723
    PNC Bank 1 6.50% $9,116
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $15,631
    Prosperity Home Mortgage, LLC 1 5.75% $10,190
    Renasant Bank 1 5.25% $7,027
    CBM Mortgage, Inc. 1 6.25% $10,688
    SOUTHWEST STAGE FUNDING, LLC 1 6.38% $5,233
    Strong Home Mortgage, LLC 1 6.99% $16,369
    CALCON MUTUAL MORTGAGE LLC 1 8.43% $12,905
    Bell Bank 1 5.75% $24,155
    Texas Mortgage Lending, LLC 1 6.63% $16,028
    BAY EQUITY LLC 1 6.13% $14,784
    THE MORTGAGE LINK, INC. 1 6.00% $15,888
    BARTON CREEK LENDING GROUP, LLC 1 6.63% $6,555
    TJC Mortgage, Inc. 1 6.13% $14,429
    TOTAL MORTGAGE SERVICES, LLC 1 6.63% $5,878
    TOWNE MORTGAGE COMPANY 1 6.75% $11,707
    Affiliated Bank 1 7.63% $2,167
    TruHome Solutions, LLC 1 6.88% $4,163
    Bank of England 1 6.25% $9,492
    Ameris Bank 1 6.13% $9,209
    VAN DYK MORTGAGE CORPORATION 1 7.13% $11,009
    VELOCIO MORTGAGE L.L.C. 1 6.75% $6,927
    Alcova Mortgage LLC 1 5.75% $9,748
    Ixonia Bank 1 5.63% $20,474
    HOME FINANCING UNLIMITED, INC. 1 6.25% $10,207
    INTELLILOAN, INC. 1 6.75% $2,268
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.88% $6,414
    LOANPEOPLE, LLC 1 5.50% $29,264
    MICHIGAN MUTUAL, INC. 1 5.38% $4,439
    MID AMERICA MORTGAGE, INC. 1 6.13% $20,466
    MLB RESIDENTIAL LENDING, LLC 1 7.50% $7,158
    ML Mortgage Corp. 1 6.25% $20,710
    F&M Bank 1 5.63% $12,075
    First Financial Bank 1 7.38% $4,176
    MOUNTAIN WEST FINANCIAL, INC. 1 8.13% $3,384
    First Bank 1 6.63% $10,926
    ALAMEDA MORTGAGE CORPORATION 1 6.13% $7,615
    M&T Bank 1 5.75% $8,459
    NATIONS DIRECT MORTGAGE, LLC 1 7.75% $50,054
    Nations Lending Corporation 1 7.50% $10,931
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.99% $7,994
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 5.50% $5,880
    DAS Acquisition Company, LLC 1 7.25% $12,852
    NEW DAY FINANCIAL, LLC 1 7.50% $6,057
    CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 1 6.75% $8,058
    NexBank 1 6.75% $6,481
    NFM, INC. 1 7.00% $10,859
    Cornerstone First Mortgage, Inc 1 6.63% $2,674
    OCMBC, INC. 1 6.75% $9,876
    Origin Bank 1 5.88% $819
    PANORAMA MORTGAGE GROUP, LLC 1 6.25% $6,231
    CONTOUR MORTGAGE CORPORATION 1 6.13% $5,587
    CLM MORTGAGE, INC 1 6.50% $4,125

    The top Killeen VA lender as defined by loan originations is Mortgage Research Center, LLC, with 588 VA loans originated. Their average total fees are $6,658, which is $763 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Killeen VA lenders (with over 10 loans originated) are GUARANTEED RATE AFFINITY, LLC ($4,064), MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,100), Wolfe Financial, Inc ($5,279), CROSSCOUNTRY MORTGAGE, LLC ($5,971) and GUARANTEED RATE, INC. ($5,987).

    The lowest rate Killeen VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.26%), PENNYMAC LOAN SERVICES, LLC (5.37%), PENTAGON FEDERAL CREDIT UNION (5.54%), KBHS HOME LOANS, LLC (5.76%) and NAVY FEDERAL CREDIT UNION (5.80%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Killeen (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 $189,175 (11.6%) $219,818 (12.0%) 0.70 1,408
    2018-02-01 $189,818 (11.0%) $224,262 (13.2%) 0.69 1,388
    2018-03-01 $190,225 (8.6%) $227,093 (12.5%) 0.67 1,404
    2018-04-01 $199,913 (10.8%) $234,341 (12.3%) 0.68 1,371
    2018-05-01 $207,498 (14.3%) $245,646 (16.9%) 0.69 1,368
    2018-06-01 $210,000 (17.0%) $249,536 (18.2%) 0.70 1,439
    2018-07-01 $215,522 (20.5%) $252,545 (20.3%) 0.72 1,439
    2018-08-01 $205,925 (16.0%) $244,946 (17.6%) 0.69 1,486
    2018-09-01 $209,755 (19.6%) $242,166 (16.0%) 0.71 1,538
    2018-10-01 $199,944 (12.2%) $235,729 (12.7%) 0.68 1,506
    2018-11-01 $206,950 (15.6%) $235,109 (11.9%) 0.70 1,436
    2018-12-01 $209,900 (16.6%) $234,945 (9.8%) 0.72 1,370
    2019-01-01 $210,950 (11.5%) $238,313 (8.4%) 0.73 1,300
    2019-02-01 $218,425 (15.1%) $248,003 (10.6%) 0.74 1,221
    2019-03-01 $224,271 (17.9%) $255,539 (12.5%) 0.73 1,198
    2019-04-01 $230,000 (15.1%) $262,283 (11.9%) 0.73 1,191
    2019-05-01 $231,250 (11.5%) $266,227 (8.4%) 0.72 1,171
    2019-06-01 $229,900 (9.5%) $264,784 (6.1%) 0.72 1,258
    2019-07-01 $225,850 (4.8%) $262,226 (3.8%) 0.71 1,338
    2019-08-01 $226,091 (9.8%) $261,558 (6.8%) 0.72 1,346
    2019-09-01 $227,727 (8.6%) $264,069 (9.0%) 0.73 1,336
    2019-10-01 $228,818 (14.4%) $265,743 (12.7%) 0.74 1,330
    2019-11-01 $225,000 (8.7%) $267,659 (13.8%) 0.74 1,321
    2019-12-01 $220,450 (5.0%) $261,630 (11.4%) 0.74 1,273
    2020-01-01 $224,950 (6.6%) $262,480 (10.1%) 0.75 1,219
    2020-02-01 $225,000 (3.0%) $264,544 (6.7%) 0.74 1,168
    2020-03-01 $224,975 (0.3%) $264,800 (3.6%) 0.71 1,200
    2020-04-01 $229,325 (-0.3%) $266,982 (1.8%) 0.72 1,189
    2020-05-01 $234,900 (1.6%) $276,558 (3.9%) 0.71 1,033
    2020-06-01 $241,975 (5.3%) $287,048 (8.4%) 0.71 893
    2020-07-01 $243,950 (8.0%) $287,960 (9.8%) 0.71 785
    2020-08-01 $249,000 (10.1%) $298,993 (14.3%) 0.71 716
    2020-09-01 $240,911 (5.8%) $291,424 (10.4%) 0.69 638
    2020-10-01 $239,450 (4.7%) $290,507 (9.3%) 0.69 567
    2020-11-01 $245,949 (9.3%) $299,061 (11.7%) 0.72 535
    2020-12-01 $243,300 (10.4%) $290,518 (11.0%) 0.72 525
    2021-01-01 $245,500 (9.1%) $299,804 (14.2%) 0.73 439
    2021-02-01 $234,175 (4.1%) $299,650 (13.3%) 0.68 347
    2021-03-01 $224,500 (-0.2%) $298,340 (12.7%) 0.64 349
    2021-04-01 $226,575 (-1.2%) $299,069 (12.0%) 0.61 353
    2021-05-01 $225,000 (-4.2%) $295,606 (6.9%) 0.60 358
    2021-06-01 $228,350 (-5.6%) $295,183 (2.8%) 0.60 390
    2021-07-01 $249,900 (2.4%) $311,592 (8.2%) 0.66 483
    2021-08-01 $254,900 (2.4%) $329,296 (10.1%) 0.68 521
    2021-09-01 $259,699 (7.8%) $346,066 (18.8%) 0.69 505
    2021-10-01 $275,000 (14.9%) $371,741 (28.0%) 0.73 514
    2021-11-01 $275,000 (11.8%) $393,032 (31.4%) 0.74 516
    2021-12-01 $269,000 (10.6%) $397,193 (36.7%) 0.73 485
    2022-01-01 $271,560 (10.6%) $413,973 (38.1%) 0.73 375
    2022-02-01 $283,875 (21.2%) $423,264 (41.3%) 0.74 329
    2022-03-01 $276,725 (23.3%) $412,366 (38.2%) 0.69 354
    2022-04-01 $292,500 (29.1%) $444,274 (48.6%) 0.70 409
    2022-05-01 $306,000 (36.0%) $446,188 (50.9%) 0.70 540
    2022-06-01 $314,000 (37.5%) $457,919 (55.1%) 0.70 699
    2022-07-01 $314,778 (26.0%) $444,352 (42.6%) 0.71 907
    2022-08-01 $310,635 (21.9%) $430,998 (30.9%) 0.72 1,178
    2022-09-01 $310,000 (19.4%) $418,110 (20.8%) 0.72 1,290
    2022-10-01 $315,000 (14.6%) $414,405 (11.5%) 0.74 1,390
    2022-11-01 $313,700 (14.1%) $405,772 (3.2%) 0.75 1,475
    2022-12-01 $308,400 (14.7%) $399,714 (0.6%) 0.76 1,464
    2023-01-01 $309,950 (14.1%) $399,616 (-3.5%) 0.77 1,365
    2023-02-01 $310,900 (9.5%) $398,797 (-5.8%) 0.75 1,300
    2023-03-01 $315,000 (13.8%) $402,898 (-2.3%) 0.74 1,305
    2023-04-01 $329,800 (12.8%) $416,348 (-6.3%) 0.77 1,270
    2023-05-01 $333,501 (9.0%) $432,229 (-3.1%) 0.76 1,336
    2023-06-01 $329,900 (5.1%) $421,716 (-7.9%) 0.74 1,461
    2023-07-01 $325,350 (3.4%) $417,241 (-6.1%) 0.74 1,621
    2023-08-01 $325,000 (4.6%) $417,987 (-3.0%) 0.75 1,687
    2023-09-01 $325,000 (4.8%) $408,595 (-2.3%) 0.76 1,769
    2023-10-01 $315,750 (0.2%) $400,214 (-3.4%) 0.74 1,932
    2023-11-01 $314,458 (0.2%) $394,079 (-2.9%) 0.75 1,958
    2023-12-01 $315,400 (2.3%) $396,896 (-0.7%) 0.77 1,832
    2024-01-01 $311,158 (0.4%) $391,080 (-2.1%) 0.76 1,746
    2024-02-01 $309,987 (-0.3%) $389,429 (-2.4%) 0.75 1,740
    2024-03-01 $314,900 (0.0%) $394,248 (-2.2%) 0.74 1,862
    Killeen's median listing price for 2024-03-01 was $314,900, a difference of $-100 (0.0%) versus the prior year and $4,913 versus the prior month.

    Killeen's median listing price comes in at 74% of the national average.

    Killeen's average listing price for 2024-03-01 was $394,248, a difference of $-8,650 (-2.2%) versus the prior year and $4,819 versus the prior month.

    For the 2024-03-01 period, Killeen had 1,862 MLS listings, a difference of 122 listings (7%) versus the prior month and 557 listings (43%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Killeen (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 71 days 2,036 sqft
    2018-02-01 67 days 2,059 sqft
    2018-03-01 57 days 2,061 sqft
    2018-04-01 51 days 2,069 sqft
    2018-05-01 48 days 2,083 sqft
    2018-06-01 47 days 2,088 sqft
    2018-07-01 51 days 2,100 sqft
    2018-08-01 51 days 2,064 sqft
    2018-09-01 51 days 2,066 sqft
    2018-10-01 60 days 2,059 sqft
    2018-11-01 67 days 2,081 sqft
    2018-12-01 71 days 2,068 sqft
    2019-01-01 74 days 2,075 sqft
    2019-02-01 70 days 2,094 sqft
    2019-03-01 60 days 2,109 sqft
    2019-04-01 45 days 2,124 sqft
    2019-05-01 45 days 2,137 sqft
    2019-06-01 41 days 2,100 sqft
    2019-07-01 45 days 2,092 sqft
    2019-08-01 49 days 2,087 sqft
    2019-09-01 52 days 2,085 sqft
    2019-10-01 54 days 2,084 sqft
    2019-11-01 54 days 2,097 sqft
    2019-12-01 63 days 2,059 sqft
    2020-01-01 69 days 2,056 sqft
    2020-02-01 64 days 2,038 sqft
    2020-03-01 53 days 2,037 sqft
    2020-04-01 59 days 2,055 sqft
    2020-05-01 72 days 2,089 sqft
    2020-06-01 57 days 2,124 sqft
    2020-07-01 51 days 2,136 sqft
    2020-08-01 57 days 2,106 sqft
    2020-09-01 57 days 2,077 sqft
    2020-10-01 63 days 2,069 sqft
    2020-11-01 51 days 2,033 sqft
    2020-12-01 44 days 1,988 sqft
    2021-01-01 49 days 2,000 sqft
    2021-02-01 43 days 1,951 sqft
    2021-03-01 36 days 1,876 sqft
    2021-04-01 34 days 1,908 sqft
    2021-05-01 40 days 1,875 sqft
    2021-06-01 38 days 1,875 sqft
    2021-07-01 31 days 1,903 sqft
    2021-08-01 31 days 1,875 sqft
    2021-09-01 42 days 1,922 sqft
    2021-10-01 44 days 1,927 sqft
    2021-11-01 42 days 1,931 sqft
    2021-12-01 53 days 1,903 sqft
    2022-01-01 61 days 1,928 sqft
    2022-02-01 30 days 1,909 sqft
    2022-03-01 28 days 1,882 sqft
    2022-04-01 27 days 1,901 sqft
    2022-05-01 24 days 1,938 sqft
    2022-06-01 25 days 1,978 sqft
    2022-07-01 30 days 1,984 sqft
    2022-08-01 31 days 1,982 sqft
    2022-09-01 42 days 1,971 sqft
    2022-10-01 47 days 1,982 sqft
    2022-11-01 55 days 1,960 sqft
    2022-12-01 65 days 1,942 sqft
    2023-01-01 72 days 1,945 sqft
    2023-02-01 64 days 1,948 sqft
    2023-03-01 54 days 1,964 sqft
    2023-04-01 49 days 1,985 sqft
    2023-05-01 46 days 2,029 sqft
    2023-06-01 46 days 2,019 sqft
    2023-07-01 51 days 2,012 sqft
    2023-08-01 55 days 2,007 sqft
    2023-09-01 55 days 2,012 sqft
    2023-10-01 59 days 1,960 sqft
    2023-11-01 65 days 1,960 sqft
    2023-12-01 70 days 1,958 sqft
    2024-01-01 76 days 1,951 sqft
    2024-02-01 69 days 1,940 sqft
    2024-03-01 52 days 1,948 sqft
    Killeen's median listing age (time on market) for 2024-03-01 was 52 days. This is -4% shorter than the same period one year ago.

    Killeen's median square footage for active listings during the 2024-03-01 period was 1,948 sqft. One year prior, the average listing was 1,964 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.