La Crosse VA Loan Rates, Closing Costs & Stats

LA CROSSE-ONALASKA, WI-MN

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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.

    La Crosse's 30 lenders originated 86 VA loans during 2023. The total origination value was $25,600,000, with an average VA loan value of $297,674.

    La Crosse VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in La Crosse averaged 7.15% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    La Crosse's average VA mortgage closing costs are $5,033.

    The average rate for the prior week (2024-04-12) was 7.08% and one month ago for the week of 2024-03-15, the average rate was 6.54%.

    The average rate one year ago was 6.13%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.14%.

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

    La Crosse 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 La Crosse level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 23 6.62% $8,241
    USAA Federal Savings Bank 7 6.27% $3,999
    FREEDOM MORTGAGE CORPORATION 4 6.75% $15,263
    QUICKEN LOANS, LLC 4 6.15% $11,028
    NAVY FEDERAL CREDIT UNION 4 5.59% $6,147
    ALTRA 3 6.42% $7,155
    LAND HOME FINANCIAL SERVICES, INC. 3 6.25% $5,818
    UNITED WHOLESALE MORTGAGE, LLC 3 7.54% $9,597
    Merchants Bank 3 7.32% $6,696
    Servion, Inc. 3 6.33% $5,723
    VERITAS FUNDING, LLC 2 6.75% $14,582
    BROKER SOLUTIONS, INC. 2 6.94% $7,626
    EVERETT FINANCIAL, INC. 2 7.13% $8,781
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 7.19% $4,853
    MOVEMENT MORTGAGE, LLC 2 6.75% $9,158
    NEW DAY FINANCIAL, LLC 2 8.00% $11,237
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.25% $23,430
    CROSSCOUNTRY MORTGAGE, LLC 1 7.19% $22,158
    Academy Bank 1 5.25% $10,448
    NEWREZ LLC 1 6.38% $2,572
    PENTAGON FEDERAL CREDIT UNION 1 5.88% $2,463
    Prosperity Home Mortgage, LLC 1 7.25% $7,403
    CARDINAL FINANCIAL 1 7.50% $9,156
    Bremer Bank 1 6.63% $3,556
    The Federal Savings Bank 1 6.75% $15,333
    The Huntington National Bank 1 6.25% $2,980
    UNION HOME MORTGAGE CORP. 1 5.63% $10,397
    Associated Bank 1 5.63% $1,309
    GSF Mortgage Corporation 1 5.63% $6,673
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $9,486

    The top La Crosse VA lender as defined by loan originations is Mortgage Research Center, LLC, with 23 VA loans originated. Their average total fees are $8,241, which is $4,241 higher than the next largest lender, USAA Federal Savings Bank.

    The lowest fee La Crosse VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($8,241), .

    The lowest rate La Crosse VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.62%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - La Crosse (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 $219,900 (5.0%) $262,148 (-3.0%) 0.82 283
    2018-02-01 $237,400 (13.9%) $281,065 (3.4%) 0.86 272
    2018-03-01 $239,900 (19.3%) $292,557 (8.4%) 0.84 270
    2018-04-01 $256,575 (24.6%) $310,117 (15.3%) 0.87 274
    2018-05-01 $249,900 (12.4%) $316,174 (15.8%) 0.83 314
    2018-06-01 $244,900 (7.9%) $320,217 (16.7%) 0.82 357
    2018-07-01 $242,400 (3.2%) $316,935 (11.7%) 0.81 379
    2018-08-01 $243,900 (9.1%) $315,739 (15.5%) 0.82 395
    2018-09-01 $249,900 (13.6%) $318,044 (16.9%) 0.84 387
    2018-10-01 $249,500 (15.7%) $311,795 (18.0%) 0.85 368
    2018-11-01 $244,175 (17.1%) $306,820 (20.9%) 0.83 338
    2018-12-01 $240,000 (11.7%) $312,105 (25.0%) 0.83 291
    2019-01-01 $244,500 (11.2%) $312,616 (19.3%) 0.84 239
    2019-02-01 $256,175 (7.9%) $319,520 (13.7%) 0.87 233
    2019-03-01 $259,900 (8.3%) $323,229 (10.5%) 0.85 245
    2019-04-01 $259,900 (1.3%) $323,213 (4.2%) 0.83 286
    2019-05-01 $259,425 (3.8%) $325,859 (3.1%) 0.81 310
    2019-06-01 $249,900 (2.0%) $315,335 (-1.5%) 0.78 389
    2019-07-01 $251,150 (3.6%) $315,601 (-0.4%) 0.79 397
    2019-08-01 $249,900 (2.5%) $312,735 (-1.0%) 0.79 400
    2019-09-01 $249,900 (0.0%) $308,084 (-3.1%) 0.80 407
    2019-10-01 $249,900 (0.2%) $303,929 (-2.5%) 0.81 406
    2019-11-01 $249,900 (2.3%) $303,095 (-1.2%) 0.82 361
    2019-12-01 $249,900 (4.1%) $295,001 (-5.5%) 0.83 322
    2020-01-01 $247,850 (1.4%) $290,788 (-7.0%) 0.83 278
    2020-02-01 $259,900 (1.5%) $310,798 (-2.7%) 0.85 258
    2020-03-01 $259,225 (-0.3%) $308,035 (-4.7%) 0.81 277
    2020-04-01 $269,900 (3.9%) $314,019 (-2.8%) 0.85 273
    2020-05-01 $265,000 (2.2%) $307,901 (-5.5%) 0.81 276
    2020-06-01 $274,925 (10.0%) $311,548 (-1.2%) 0.81 286
    2020-07-01 $288,085 (14.7%) $323,434 (2.5%) 0.84 290
    2020-08-01 $269,900 (8.0%) $307,371 (-1.7%) 0.77 296
    2020-09-01 $246,925 (-1.2%) $291,244 (-5.5%) 0.71 275
    2020-10-01 $243,500 (-2.6%) $290,028 (-4.6%) 0.70 240
    2020-11-01 $245,975 (-1.6%) $297,684 (-1.8%) 0.72 212
    2020-12-01 $234,375 (-6.2%) $300,642 (1.9%) 0.70 178
    2021-01-01 $250,500 (1.1%) $321,980 (10.7%) 0.75 127
    2021-02-01 $266,150 (2.4%) $337,261 (8.5%) 0.77 123
    2021-03-01 $292,400 (12.8%) $332,835 (8.1%) 0.83 120
    2021-04-01 $304,475 (12.8%) $348,565 (11.0%) 0.82 120
    2021-05-01 $315,800 (19.2%) $344,918 (12.0%) 0.84 124
    2021-06-01 $304,675 (10.8%) $337,960 (8.5%) 0.80 129
    2021-07-01 $286,250 (-0.6%) $326,439 (0.9%) 0.76 161
    2021-08-01 $288,900 (7.0%) $329,973 (7.4%) 0.77 169
    2021-09-01 $274,825 (11.3%) $320,321 (10.0%) 0.73 188
    2021-10-01 $295,000 (21.2%) $323,815 (11.7%) 0.79 180
    2021-11-01 $294,950 (19.9%) $323,443 (8.7%) 0.79 150
    2021-12-01 $282,475 (20.5%) $329,298 (9.5%) 0.77 150
    2022-01-01 $304,950 (21.7%) $341,480 (6.1%) 0.82 116
    2022-02-01 $299,950 (12.7%) $342,124 (1.4%) 0.78 93
    2022-03-01 $312,425 (6.9%) $361,655 (8.7%) 0.78 94
    2022-04-01 $324,900 (6.7%) $370,716 (6.4%) 0.77 98
    2022-05-01 $329,300 (4.3%) $384,194 (11.4%) 0.75 128
    2022-06-01 $324,225 (6.4%) $382,388 (13.2%) 0.72 144
    2022-07-01 $324,900 (13.5%) $386,071 (18.3%) 0.73 158
    2022-08-01 $341,875 (18.3%) $400,422 (21.4%) 0.79 168
    2022-09-01 $352,400 (28.2%) $398,908 (24.5%) 0.82 168
    2022-10-01 $359,900 (22.0%) $398,639 (23.1%) 0.85 168
    2022-11-01 $356,500 (20.9%) $372,384 (15.1%) 0.86 159
    2022-12-01 $365,000 (29.2%) $376,665 (14.4%) 0.90 133
    2023-01-01 $359,900 (18.0%) $375,788 (10.1%) 0.89 113
    2023-02-01 $364,900 (21.7%) $375,825 (9.9%) 0.88 104
    2023-03-01 $334,484 (7.1%) $351,221 (-2.9%) 0.79 112
    2023-04-01 $359,900 (10.8%) $372,925 (0.6%) 0.84 124
    2023-05-01 $342,400 (4.0%) $372,757 (-3.0%) 0.78 133
    2023-06-01 $337,400 (4.1%) $385,689 (0.9%) 0.76 138
    2023-07-01 $329,000 (1.3%) $383,523 (-0.7%) 0.75 135
    2023-08-01 $355,833 (4.1%) $399,859 (-0.1%) 0.82 150
    2023-09-01 $329,000 (-6.6%) $386,503 (-3.1%) 0.77 154
    2023-10-01 $333,425 (-7.4%) $381,301 (-4.4%) 0.78 165
    2023-11-01 $332,825 (-6.6%) $378,926 (1.8%) 0.79 158
    2023-12-01 $339,900 (-6.9%) $374,679 (-0.5%) 0.83 155
    2024-01-01 $342,400 (-4.9%) $384,985 (2.5%) 0.84 123
    2024-02-01 $341,450 (-6.4%) $395,874 (5.3%) 0.82 112
    2024-03-01 $377,450 (12.9%) $399,663 (13.8%) 0.89 122
    La Crosse's median listing price for 2024-03-01 was $377,450, a difference of $42,966 (12.9%) versus the prior year and $36,000 versus the prior month.

    La Crosse's median listing price comes in at 89% of the national average.

    La Crosse's average listing price for 2024-03-01 was $399,663, a difference of $48,442 (13.8%) versus the prior year and $3,789 versus the prior month.

    For the 2024-03-01 period, La Crosse had 122 MLS listings, a difference of 10 listings (9%) versus the prior month and 10 listings (9%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - La Crosse (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 73 days 1,921 sqft
    2018-02-01 70 days 1,980 sqft
    2018-03-01 51 days 1,951 sqft
    2018-04-01 39 days 2,080 sqft
    2018-05-01 35 days 2,038 sqft
    2018-06-01 37 days 2,097 sqft
    2018-07-01 41 days 2,114 sqft
    2018-08-01 41 days 2,181 sqft
    2018-09-01 46 days 2,208 sqft
    2018-10-01 51 days 2,214 sqft
    2018-11-01 58 days 2,200 sqft
    2018-12-01 68 days 2,129 sqft
    2019-01-01 77 days 1,988 sqft
    2019-02-01 64 days 2,176 sqft
    2019-03-01 50 days 2,162 sqft
    2019-04-01 33 days 2,178 sqft
    2019-05-01 32 days 2,156 sqft
    2019-06-01 32 days 2,200 sqft
    2019-07-01 37 days 2,134 sqft
    2019-08-01 41 days 2,098 sqft
    2019-09-01 43 days 2,065 sqft
    2019-10-01 46 days 2,043 sqft
    2019-11-01 54 days 2,014 sqft
    2019-12-01 67 days 2,043 sqft
    2020-01-01 80 days 2,067 sqft
    2020-02-01 71 days 2,067 sqft
    2020-03-01 44 days 2,058 sqft
    2020-04-01 43 days 2,048 sqft
    2020-05-01 51 days 2,036 sqft
    2020-06-01 38 days 2,088 sqft
    2020-07-01 42 days 2,276 sqft
    2020-08-01 39 days 2,100 sqft
    2020-09-01 41 days 1,912 sqft
    2020-10-01 43 days 1,900 sqft
    2020-11-01 45 days 1,847 sqft
    2020-12-01 47 days 1,826 sqft
    2021-01-01 54 days 1,852 sqft
    2021-02-01 33 days 1,921 sqft
    2021-03-01 24 days 1,952 sqft
    2021-04-01 23 days 1,972 sqft
    2021-05-01 19 days 1,973 sqft
    2021-06-01 25 days 1,906 sqft
    2021-07-01 21 days 1,835 sqft
    2021-08-01 24 days 1,877 sqft
    2021-09-01 31 days 1,902 sqft
    2021-10-01 40 days 1,890 sqft
    2021-11-01 44 days 1,926 sqft
    2021-12-01 46 days 1,902 sqft
    2022-01-01 58 days 2,000 sqft
    2022-02-01 42 days 1,939 sqft
    2022-03-01 13 days 1,885 sqft
    2022-04-01 15 days 1,930 sqft
    2022-05-01 14 days 1,915 sqft
    2022-06-01 23 days 1,883 sqft
    2022-07-01 23 days 1,880 sqft
    2022-08-01 27 days 1,904 sqft
    2022-09-01 34 days 1,970 sqft
    2022-10-01 33 days 2,000 sqft
    2022-11-01 42 days 2,003 sqft
    2022-12-01 60 days 2,100 sqft
    2023-01-01 72 days 1,942 sqft
    2023-02-01 63 days 1,866 sqft
    2023-03-01 31 days 1,865 sqft
    2023-04-01 32 days 1,903 sqft
    2023-05-01 31 days 1,880 sqft
    2023-06-01 40 days 1,865 sqft
    2023-07-01 44 days 1,872 sqft
    2023-08-01 39 days 1,927 sqft
    2023-09-01 39 days 1,892 sqft
    2023-10-01 41 days 1,914 sqft
    2023-11-01 41 days 1,906 sqft
    2023-12-01 48 days 1,871 sqft
    2024-01-01 67 days 1,871 sqft
    2024-02-01 59 days 1,850 sqft
    2024-03-01 38 days 1,960 sqft
    La Crosse's median listing age (time on market) for 2024-03-01 was 38 days. This is 23% longer than the same period one year ago.

    La Crosse's median square footage for active listings during the 2024-03-01 period was 1,960 sqft. One year prior, the average listing was 1,865 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.