La Crosse VA Loan Rates, Closing Costs & Stats

LA CROSSE-ONALASKA, WI-MN

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 0.19% for the week of 2024-11-29, compared to the national average (all VA variants) of 0% for the same period.

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

The average rate for the prior week (2024-11-22) was 6.56% and one month ago for the week of 2024-10-25, the average rate was 6.55%.

The average rate one year ago was 7.1%.

For refis of the same type during the week of 2024-11-29, the average rate was -0.01%.

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
2024-04-01 $379,900 (5.6%) $414,313 (11.1%) 0.88 145
2024-05-01 $408,700 (19.4%) $460,791 (23.6%) 0.92 150
2024-06-01 $410,000 (21.5%) $470,866 (22.1%) 0.92 168
2024-07-01 $379,900 (15.5%) $445,375 (16.1%) 0.87 176
2024-08-01 $372,450 (4.7%) $432,813 (8.2%) 0.87 197
2024-09-01 $360,225 (9.5%) $420,157 (8.7%) 0.85 211
2024-10-01 $379,300 (13.8%) $439,466 (15.3%) 0.89 227
La Crosse's median listing price for 2024-10-01 was $379,300, a difference of $45,875 (13.8%) versus the prior year and $19,075 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 2024-10-01 was $439,466, a difference of $58,165 (15.3%) versus the prior year and $19,309 versus the prior month.

For the 2024-10-01 period, La Crosse had 227 MLS listings, a difference of 16 listings (8%) versus the prior month and 62 listings (38%) 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
2024-04-01 33 days 1,925 sqft
2024-05-01 30 days 1,963 sqft
2024-06-01 45 days 1,999 sqft
2024-07-01 37 days 2,006 sqft
2024-08-01 31 days 1,994 sqft
2024-09-01 36 days 1,943 sqft
2024-10-01 41 days 1,955 sqft
La Crosse's median listing age (time on market) for 2024-10-01 was 41 days. This is -1% shorter than the same period one year ago.

La Crosse's median square footage for active listings during the 2024-10-01 period was 1,955 sqft. One year prior, the average listing was 1,914 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.