Klamath Falls VA Loan Rates, Closing Costs & Stats

Klamath Falls, OR

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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.

    Klamath Falls's 52 lenders originated 236 VA loans during 2024. The total origination value was $78,070,000, with an average VA loan value of $330,805.

    Klamath Falls VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Klamath Falls averaged 0.52% for the week of 2026-09-11, compared to the national average (all VA variants) of 0% for the same period.

    Klamath Falls's average VA mortgage closing costs are $6,652.

    The average rate for the prior week (2026-09-04) was 6.61% and one month ago for the week of 2026-08-07, the average rate was 6.7%.

    The average rate one year ago was 6.29%.

    For refis of the same type during the week of 2026-09-11, the average rate was -0.18%.

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

    Klamath Falls 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 Klamath Falls level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 36 6.34% $4,353
    UNITED WHOLESALE MORTGAGE, LLC 26 5.68% $9,298
    SUMMIT FUNDING, INC. 26 6.11% $12,383
    NEWREZ LLC 17 6.32% $10,002
    FREEDOM MORTGAGE CORPORATION 11 6.01% $9,896
    Sierra Pacific Mortgage Company, Inc. 10 6.09% $8,939
    QUICKEN LOANS, LLC 8 5.84% $11,251
    Century Mortgage Company DBA Century Lending Company 6 6.10% $6,516
    MASON MCDUFFIE MORTGAGE CORPORATION 5 6.30% $11,251
    DHI MORTGAGE COMPANY, LTD. 5 5.14% $6,911
    USAA Federal Savings Bank 5 6.03% $17,409
    VILLAGE CAPITAL MORTGAGE 5 5.59% $6,134
    LOANDEPOT.COM, LLC 4 5.56% $8,950
    GUILD MORTGAGE COMPANY 4 5.91% $15,544
    Barrington Bank & Trust Company, N.A. 4 6.13% $5,709
    NAVY FEDERAL CREDIT UNION 3 5.83% $7,073
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 6.42% $10,762
    MOVEMENT MORTGAGE, LLC 3 6.33% $11,364
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 5.88% $7,674
    PLAZA HOME MORTGAGE, INC. 2 6.62% $8,004
    NEW DAY FINANCIAL, LLC 2 7.24% $10,894
    The Federal Savings Bank 2 6.63% $15,068
    CMG MORTGAGE, INC. 2 5.94% $8,627
    Umpqua Bank 2 6.75% $6,765
    ROGUE 1 6.50% $10,748
    SUN WEST MORTGAGE COMPANY, INC. 1 6.25% $17,185
    TOP FLITE FINANCIAL, INC. 1 6.75% $17,485
    Willamette Valley Bank 1 6.13% $8,013
    Nations Lending Corporation 1 6.50% $10,395
    BROKER SOLUTIONS, INC. 1 5.25% $12,820
    CHURCHILL MORTGAGE CORPORATION 1 6.50% $7,636
    Commerce Home Mortgage, Inc. 1 5.63% $5,490
    Credence Funding Corporation 1 5.00% $10,610
    ENVOY MORTGAGE, LTD 1 6.63% $7,152
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $8,543
    First Federal Bank 1 6.75% $3,866
    Flagstar Bank, FSB 1 6.13% $22,939
    GENEVA FINANCIAL, LLC 1 6.63% $9,593
    GUARANTEED RATE AFFINITY, LLC 1 6.53% $10,980
    GUARANTEED RATE, INC. 1 5.63% $7,099
    JMAC LENDING, INC. 1 5.75% $11,433
    LEADERONE FINANCIAL CORPORATION 1 6.88% $13,707
    LOANPAL, LLC 1 5.99% $15,553
    Magnolia Bank 1 6.50% $14,731
    Meridian Bank Corporation 1 5.75% $8,464
    MORTGAGE EXPRESS, LLC 1 7.13% $16,379
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $9,106
    NATIONS DIRECT MORTGAGE, LLC 1 5.75% $8,948
    AMERICAN FINANCING CORPORATION 1 5.75% $8,666
    NBKC BANK 1 5.99% $6,665
    PENNYMAC LOAN SERVICES, LLC 1 5.75% $4,047
    PLANET HOME LENDING, LLC 1 5.50% $2,918

    The top Klamath Falls VA lender as defined by loan originations is Mortgage Research Center, LLC, with 36 VA loans originated. Their average total fees are $4,353, which is $4,946 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Klamath Falls VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,353), Sierra Pacific Mortgage Company, Inc. ($8,939), UNITED WHOLESALE MORTGAGE, LLC ($9,298), FREEDOM MORTGAGE CORPORATION ($9,896) and NEWREZ LLC ($10,002).

    The lowest rate Klamath Falls VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.68%), FREEDOM MORTGAGE CORPORATION (6.01%), Sierra Pacific Mortgage Company, Inc. (6.09%), SUMMIT FUNDING, INC. (6.11%) and NEWREZ LLC (6.32%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Klamath Falls (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 $211,250 (16.7%) $280,294 (4.5%) 0.00 307
    2018-02-01 $211,975 (17.8%) $274,022 (-1.0%) 0.00 305
    2018-03-01 $219,000 (15.6%) $289,276 (-2.4%) 0.00 304
    2018-04-01 $237,500 (21.8%) $309,779 (4.6%) 0.00 305
    2018-05-01 $250,000 (19.2%) $318,895 (6.0%) 0.00 336
    2018-06-01 $239,000 (19.4%) $308,275 (3.7%) 0.00 376
    2018-07-01 $249,225 (24.3%) $308,957 (4.4%) 0.00 392
    2018-08-01 $248,000 (25.6%) $311,283 (12.0%) 0.00 413
    2018-09-01 $244,900 (19.5%) $314,936 (13.0%) 0.00 447
    2018-10-01 $239,950 (15.0%) $313,740 (9.3%) 0.00 423
    2018-11-01 $249,000 (17.2%) $318,953 (10.1%) 0.00 406
    2018-12-01 $244,900 (16.6%) $317,634 (11.2%) 0.00 364
    2019-01-01 $242,450 (14.8%) $320,283 (14.3%) 0.00 326
    2019-02-01 $248,000 (17.0%) $319,435 (16.6%) 0.00 293
    2019-03-01 $256,350 (17.1%) $330,370 (14.2%) 0.00 284
    2019-04-01 $264,975 (11.6%) $333,016 (7.5%) 0.00 298
    2019-05-01 $266,725 (6.7%) $333,055 (4.4%) 0.00 336
    2019-06-01 $274,950 (15.0%) $339,890 (10.3%) 0.00 399
    2019-07-01 $272,450 (9.3%) $331,526 (7.3%) 0.00 451
    2019-08-01 $268,550 (8.3%) $330,612 (6.2%) 0.00 444
    2019-09-01 $266,525 (8.8%) $330,748 (5.0%) 0.00 429
    2019-10-01 $264,925 (10.4%) $330,489 (5.3%) 0.00 410
    2019-11-01 $259,000 (4.0%) $331,934 (4.1%) 0.00 339
    2019-12-01 $247,100 (0.9%) $330,515 (4.1%) 0.00 290
    2020-01-01 $238,500 (-1.6%) $328,837 (2.7%) 0.00 246
    2020-02-01 $264,900 (6.8%) $349,257 (9.3%) 0.00 233
    2020-03-01 $258,450 (0.8%) $341,752 (3.5%) 0.00 257
    2020-04-01 $259,000 (-2.3%) $323,260 (-2.9%) 0.00 278
    2020-05-01 $275,000 (3.1%) $353,881 (6.3%) 0.00 241
    2020-06-01 $294,949 (7.3%) $379,238 (11.6%) 0.00 207
    2020-07-01 $307,500 (12.9%) $386,452 (16.6%) 0.00 212
    2020-08-01 $327,000 (21.8%) $404,400 (22.3%) 0.00 192
    2020-09-01 $336,500 (26.3%) $426,508 (29.0%) 0.00 178
    2020-10-01 $329,000 (24.2%) $424,472 (28.4%) 0.00 170
    2020-11-01 $329,000 (27.0%) $433,023 (30.5%) 0.00 135
    2020-12-01 $319,925 (29.5%) $403,817 (22.2%) 0.00 117
    2021-01-01 $325,000 (36.3%) $418,525 (27.3%) 0.00 103
    2021-02-01 $329,225 (24.3%) $572,366 (63.9%) 0.00 89
    2021-03-01 $310,975 (20.3%) $600,309 (75.7%) 0.00 76
    2021-04-01 $320,000 (23.6%) $584,339 (80.8%) 0.00 92
    2021-05-01 $334,000 (21.5%) $543,542 (53.6%) 0.00 125
    2021-06-01 $330,725 (12.1%) $509,277 (34.3%) 0.00 144
    2021-07-01 $342,450 (11.4%) $517,143 (33.8%) 0.00 152
    2021-08-01 $348,875 (6.7%) $505,600 (25.0%) 0.00 170
    2021-09-01 $342,500 (1.8%) $488,927 (14.6%) 0.00 182
    2021-10-01 $349,000 (6.1%) $492,821 (16.1%) 0.00 182
    2021-11-01 $340,750 (3.6%) $520,694 (20.3%) 0.00 148
    2021-12-01 $359,000 (12.2%) $547,971 (35.7%) 0.00 131
    2022-01-01 $353,700 (8.8%) $567,439 (35.6%) 0.00 108
    2022-02-01 $378,250 (14.9%) $661,569 (15.6%) 0.00 103
    2022-03-01 $380,750 (22.4%) $622,098 (3.6%) 0.00 119
    2022-04-01 $382,450 (19.5%) $619,621 (6.0%) 0.00 141
    2022-05-01 $375,000 (12.3%) $571,826 (5.2%) 0.00 176
    2022-06-01 $362,500 (9.6%) $549,911 (8.0%) 0.00 207
    2022-07-01 $373,000 (8.9%) $575,527 (11.3%) 0.00 214
    2022-08-01 $359,950 (3.2%) $556,749 (10.1%) 0.00 211
    2022-09-01 $370,000 (8.0%) $567,288 (16.0%) 0.00 193
    2022-10-01 $375,000 (7.5%) $556,198 (12.9%) 0.00 204
    2022-11-01 $372,450 (9.3%) $547,460 (5.1%) 0.00 210
    2022-12-01 $352,500 (-1.8%) $471,009 (-14.0%) 0.00 210
    2023-01-01 $355,000 (0.4%) $474,581 (-16.4%) 0.00 200
    2023-02-01 $355,125 (-6.1%) $468,465 (-29.2%) 0.00 199
    2023-03-01 $371,000 (-2.6%) $507,719 (-18.4%) 0.00 185
    2023-04-01 $375,000 (-2.0%) $514,018 (-17.0%) 0.00 196
    2023-05-01 $382,749 (2.1%) $529,569 (-7.4%) 0.00 208
    2023-06-01 $386,999 (6.8%) $524,093 (-4.7%) 0.00 223
    2023-07-01 $385,000 (3.2%) $516,055 (-10.3%) 0.00 267
    2023-08-01 $384,998 (7.0%) $517,124 (-7.1%) 0.00 267
    2023-09-01 $394,500 (6.6%) $528,146 (-6.9%) 0.00 272
    2023-10-01 $373,623 (-0.4%) $534,157 (-4.0%) 0.00 266
    2023-11-01 $364,950 (-2.0%) $538,707 (-1.6%) 0.00 235
    2023-12-01 $370,000 (5.0%) $557,033 (18.3%) 0.00 218
    2024-01-01 $387,998 (9.3%) $545,597 (15.0%) 0.00 186
    2024-02-01 $385,975 (8.7%) $541,325 (15.6%) 0.00 185
    2024-03-01 $389,000 (4.9%) $569,976 (12.3%) 0.00 203
    2024-04-01 $386,725 (3.1%) $564,661 (9.9%) 0.00 236
    2024-05-01 $398,750 (4.2%) $574,064 (8.4%) 0.00 253
    2024-06-01 $400,000 (3.4%) $554,484 (5.8%) 0.00 281
    2024-07-01 $404,850 (5.2%) $550,088 (6.6%) 0.00 315
    2024-08-01 $399,000 (3.6%) $537,798 (4.0%) 0.00 344
    2024-09-01 $399,981 (1.4%) $528,237 (0.0%) 0.00 377
    2024-10-01 $399,500 (6.9%) $521,258 (-2.4%) 0.00 384
    2024-11-01 $399,000 (9.3%) $520,814 (-3.3%) 0.00 382
    2024-12-01 $399,900 (8.1%) $510,335 (-8.4%) 0.00 368
    2025-01-01 $392,450 (1.2%) $492,962 (-9.7%) 0.00 373
    2025-02-01 $390,975 (1.3%) $493,836 (-8.8%) 0.00 363
    2025-03-01 $389,900 (0.2%) $500,245 (-12.2%) 0.00 365
    2025-04-01 $399,000 (3.2%) $518,228 (-8.2%) 0.00 400
    2025-05-01 $398,500 (-0.1%) $507,719 (-11.6%) 0.00 469
    2025-06-01 $398,000 (-0.5%) $500,477 (-9.7%) 0.00 521
    2025-07-01 $399,000 (-1.4%) $520,126 (-5.5%) 0.00 546
    2025-08-01 $399,000 (0.0%) $516,867 (-3.9%) 0.00 556
    2025-09-01 $394,250 (-1.4%) $504,085 (-4.6%) 0.00 529
    2025-10-01 $389,000 (-2.6%) $494,237 (-5.2%) 0.00 509
    2025-11-01 $380,000 (-4.8%) $488,970 (-6.1%) 0.00 491
    2025-12-01 $379,000 (-5.2%) $493,647 (-3.3%) 0.00 445
    2026-01-01 $373,688 (-4.8%) $458,755 (-6.9%) 0.00 409
    2026-02-01 $378,000 (-3.3%) $461,220 (-6.6%) 0.00 408
    2026-03-01 $379,000 (-2.8%) $487,474 (-2.6%) 0.00 425
    2026-04-01 $383,750 (-3.8%) $536,078 (3.4%) 0.00 438
    2026-05-01 $399,000 (0.1%) $528,503 (4.1%) 0.00 448
    2026-06-01 $399,450 (0.4%) $526,769 (5.3%) 0.00 464
    2026-07-01 $404,950 (1.5%) $545,475 (4.9%) 0.00 491
    2026-08-01 $398,750 (-0.1%) $539,296 (4.3%) 0.00 525
    Klamath Falls's median listing price for 2026-08-01 was $398,750, a difference of $-250 (-0.1%) versus the prior year and $-6,200 versus the prior month.

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

    Klamath Falls's average listing price for 2026-08-01 was $539,296, a difference of $22,429 (4.3%) versus the prior year and $-6,179 versus the prior month.

    For the 2026-08-01 period, Klamath Falls had 525 MLS listings, a difference of 34 listings (7%) versus the prior month and -31 listings (-6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Klamath Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,664 sqft
    2018-02-01 0 days 1,677 sqft
    2018-03-01 0 days 1,736 sqft
    2018-04-01 0 days 1,806 sqft
    2018-05-01 0 days 1,829 sqft
    2018-06-01 0 days 1,782 sqft
    2018-07-01 0 days 1,782 sqft
    2018-08-01 0 days 1,775 sqft
    2018-09-01 0 days 1,783 sqft
    2018-10-01 0 days 1,781 sqft
    2018-11-01 0 days 1,795 sqft
    2018-12-01 0 days 1,792 sqft
    2019-01-01 0 days 1,793 sqft
    2019-02-01 0 days 1,787 sqft
    2019-03-01 0 days 1,839 sqft
    2019-04-01 0 days 1,874 sqft
    2019-05-01 0 days 1,850 sqft
    2019-06-01 0 days 1,888 sqft
    2019-07-01 0 days 1,873 sqft
    2019-08-01 0 days 1,871 sqft
    2019-09-01 0 days 1,867 sqft
    2019-10-01 0 days 1,872 sqft
    2019-11-01 0 days 1,879 sqft
    2019-12-01 0 days 1,844 sqft
    2020-01-01 0 days 1,788 sqft
    2020-02-01 0 days 1,824 sqft
    2020-03-01 0 days 1,788 sqft
    2020-04-01 0 days 1,779 sqft
    2020-05-01 0 days 1,865 sqft
    2020-06-01 0 days 1,917 sqft
    2020-07-01 0 days 1,920 sqft
    2020-08-01 0 days 2,050 sqft
    2020-09-01 0 days 2,087 sqft
    2020-10-01 0 days 1,972 sqft
    2020-11-01 0 days 1,938 sqft
    2020-12-01 0 days 1,788 sqft
    2021-01-01 0 days 1,805 sqft
    2021-02-01 0 days 1,905 sqft
    2021-03-01 0 days 1,933 sqft
    2021-04-01 0 days 2,019 sqft
    2021-05-01 0 days 1,864 sqft
    2021-06-01 0 days 1,770 sqft
    2021-07-01 0 days 1,787 sqft
    2021-08-01 0 days 1,720 sqft
    2021-09-01 0 days 1,589 sqft
    2021-10-01 0 days 1,603 sqft
    2021-11-01 0 days 1,589 sqft
    2021-12-01 0 days 1,615 sqft
    2022-01-01 0 days 1,632 sqft
    2022-02-01 0 days 1,764 sqft
    2022-03-01 0 days 1,891 sqft
    2022-04-01 0 days 1,898 sqft
    2022-05-01 0 days 1,840 sqft
    2022-06-01 0 days 1,870 sqft
    2022-07-01 0 days 1,792 sqft
    2022-08-01 0 days 1,710 sqft
    2022-09-01 0 days 1,741 sqft
    2022-10-01 0 days 1,732 sqft
    2022-11-01 0 days 1,745 sqft
    2022-12-01 0 days 1,748 sqft
    2023-01-01 0 days 1,696 sqft
    2023-02-01 0 days 1,685 sqft
    2023-03-01 0 days 1,658 sqft
    2023-04-01 0 days 1,706 sqft
    2023-05-01 0 days 1,726 sqft
    2023-06-01 0 days 1,761 sqft
    2023-07-01 0 days 1,680 sqft
    2023-08-01 0 days 1,760 sqft
    2023-09-01 0 days 1,800 sqft
    2023-10-01 0 days 1,694 sqft
    2023-11-01 0 days 1,653 sqft
    2023-12-01 0 days 1,704 sqft
    2024-01-01 0 days 1,789 sqft
    2024-02-01 0 days 1,731 sqft
    2024-03-01 0 days 1,700 sqft
    2024-04-01 0 days 1,695 sqft
    2024-05-01 0 days 1,704 sqft
    2024-06-01 0 days 1,714 sqft
    2024-07-01 0 days 1,721 sqft
    2024-08-01 0 days 1,731 sqft
    2024-09-01 0 days 1,774 sqft
    2024-10-01 0 days 1,761 sqft
    2024-11-01 0 days 1,782 sqft
    2024-12-01 0 days 1,803 sqft
    2025-01-01 0 days 1,751 sqft
    2025-02-01 0 days 1,735 sqft
    2025-03-01 0 days 1,731 sqft
    2025-04-01 0 days 1,769 sqft
    2025-05-01 0 days 1,740 sqft
    2025-06-01 0 days 1,780 sqft
    2025-07-01 0 days 1,796 sqft
    2025-08-01 0 days 1,760 sqft
    2025-09-01 0 days 1,737 sqft
    2025-10-01 0 days 1,747 sqft
    2025-11-01 0 days 1,760 sqft
    2025-12-01 0 days 1,728 sqft
    2026-01-01 0 days 1,720 sqft
    2026-02-01 0 days 1,728 sqft
    2026-03-01 0 days 1,716 sqft
    2026-04-01 0 days 1,764 sqft
    2026-05-01 0 days 1,820 sqft
    2026-06-01 0 days 1,827 sqft
    2026-07-01 0 days 1,825 sqft
    2026-08-01 0 days 1,803 sqft
    Klamath Falls's median listing age (time on market) for 2026-08-01 was 0 days.

    Klamath Falls's median square footage for active listings during the 2026-08-01 period was 1,803 sqft. One year prior, the average listing was 1,760 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.