Longview VA Loan Rates, Closing Costs & Stats

LONGVIEW, TX

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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.

    Longview's 77 lenders originated 367 VA loans during 2024. The total origination value was $112,955,000, with an average VA loan value of $307,779.

    Longview VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Longview averaged 6.91% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Longview's average VA mortgage closing costs are $7,001.

    The average rate for the prior week (2025-05-16) was 6.8% and one month ago for the week of 2025-04-18, the average rate was 7.07%.

    The average rate one year ago was 6.98%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.32%.

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

    Longview 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 Longview level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 89 6.44% $6,089
    UNITED WHOLESALE MORTGAGE, LLC 43 6.12% $5,530
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 6.71% $10,069
    GUILD MORTGAGE COMPANY 14 6.44% $8,758
    PENNYMAC LOAN SERVICES, LLC 12 5.28% $8,190
    FREEDOM MORTGAGE CORPORATION 10 6.24% $7,886
    USAA Federal Savings Bank 9 6.15% $5,882
    QUICKEN LOANS, LLC 8 6.09% $7,562
    NAVY FEDERAL CREDIT UNION 8 5.83% $3,084
    LAKEVIEW LOAN SERVICING, LLC 6 5.91% $5,813
    BancorpSouth 6 6.35% $5,538
    MORTGAGE FINANCIAL SERVICES, LLC 6 6.56% $8,885
    LOANDEPOT.COM, LLC 6 6.56% $9,842
    CROSSCOUNTRY MORTGAGE, LLC 5 6.40% $3,220
    EUSTIS AND AMERICAN MORTGAGE COMPANY 5 7.40% $7,208
    VILLAGE CAPITAL MORTGAGE 5 5.65% $3,696
    PLANET HOME LENDING, LLC 4 5.56% $6,156
    CMG MORTGAGE, INC. 4 6.69% $11,411
    Barrington Bank & Trust Company, N.A. 4 6.00% $4,573
    SUN WEST MORTGAGE COMPANY, INC. 4 5.71% $5,069
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 6.88% $5,531
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 6.12% $6,194
    CARDINAL FINANCIAL 3 6.38% $9,339
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.17% $7,093
    SOUTHWEST FUNDING, LP 3 5.96% $8,546
    GUARANTEED RATE, INC. 3 6.03% $1,336
    AmeriHome Mortgage Company, LLC 3 5.83% $5,736
    Equity Prime Mortgage LLC 2 5.88% $3,640
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.36% $6,418
    American Mortgage Bank, LLC 2 6.69% $5,311
    EVERETT FINANCIAL, INC. 2 6.94% $11,932
    JPMorgan Chase Bank 2 6.31% $3,046
    NBKC BANK 2 6.63% $5,941
    NEW DAY FINANCIAL, LLC 2 6.74% $12,134
    NEWREZ LLC 2 5.50% $10,509
    Origin Bank 2 6.38% $4,546
    Paramount Residential Mortgage Group, Inc. 2 6.00% $5,098
    Plains Commerce Bank 2 6.19% $12,451
    S1L, Inc. 2 6.19% $4,981
    SWBC MORTGAGE CORPORATION 2 6.56% $2,210
    T2 FINANCIAL LLC 2 7.06% $7,555
    VeraBank 2 6.56% $4,620
    First United Bank and Trust Company 1 5.45% $2,911
    First Federal Bank 1 5.63% $5,668
    MOVEMENT MORTGAGE, LLC 1 5.75% $12,381
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $2,180
    NATIONS RELIABLE LENDING, LLC 1 6.63% $6,227
    EASTMAN 1 8.13% $4,848
    Texas Mortgage Lending, LLC 1 6.13% $2,556
    The Loan Store, Inc. 1 5.63% $8,063
    TOWNE MORTGAGE COMPANY 1 7.75% $4,806
    UNION HOME MORTGAGE CORP. 1 6.99% $5,174
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.38% $44,352
    Core Bank 1 5.75% $6,850
    PHH Mortgage Corporation 1 5.13% $5,973
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $10,483
    CLEARPATH LENDING 1 4.88% $4,130
    PLAZA HOME MORTGAGE, INC. 1 4.99% $24,177
    PNC Bank 1 7.13% $5,330
    Century Mortgage Company DBA Century Lending Company 1 4.99% $2,924
    CANOPY MORTGAGE, LLC 1 5.75% $16,817
    RB MORTGAGE LLC 1 6.00% $5,817
    U.S. Bank 1 6.13% $3,881
    BARKSDALE 1 6.75% $8,550
    AMERITRUST MORTGAGE CORPORATION 1 7.00% $1,486
    Wells Fargo Bank 1 5.75% $7,747
    HOMESIDE FINANCIAL, LLC 1 8.13% $8,058
    HOMESTEAD FUNDING CORP. 1 6.25% $9,530
    INFINITY EQUITY GROUP, INC. 1 7.25% $14,957
    INTERLINC MORTGAGE SERVICES, LLC 1 6.13% $4,385
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.25% $11,409
    GoPrime Mortgage, Inc. 1 5.75% $10,763
    LEGEND LENDING CORPORATION 1 5.63% $7,827
    Gateway First Bank 1 6.38% $6,259
    MID AMERICA MORTGAGE, INC. 1 5.63% $4,446
    Mid-Continent Funding, Inc. 1 5.75% $6,528
    Flagstar Bank, FSB 1 6.75% $2,980

    The top Longview VA lender as defined by loan originations is Mortgage Research Center, LLC, with 89 VA loans originated. Their average total fees are $6,089, which is $559 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Longview VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($5,530), Mortgage Research Center, LLC ($6,089), FREEDOM MORTGAGE CORPORATION ($7,886), PENNYMAC LOAN SERVICES, LLC ($8,190) and GUILD MORTGAGE COMPANY ($8,758).

    The lowest rate Longview VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.28%), UNITED WHOLESALE MORTGAGE, LLC (6.12%), FREEDOM MORTGAGE CORPORATION (6.24%), GUILD MORTGAGE COMPANY (6.44%) and Mortgage Research Center, LLC (6.44%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Longview (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 $179,288 (5.5%) $242,812 (4.8%) 0.66 1,397
    2018-02-01 $175,000 (0.8%) $238,337 (2.2%) 0.64 1,418
    2018-03-01 $179,900 (2.9%) $244,808 (5.1%) 0.63 1,395
    2018-04-01 $181,250 (2.7%) $247,059 (5.1%) 0.61 1,407
    2018-05-01 $185,500 (3.1%) $247,669 (7.4%) 0.62 1,430
    2018-06-01 $192,500 (7.0%) $259,730 (12.3%) 0.64 1,426
    2018-07-01 $197,625 (9.8%) $260,476 (11.1%) 0.66 1,448
    2018-08-01 $193,450 (7.5%) $255,574 (8.5%) 0.65 1,413
    2018-09-01 $189,900 (5.6%) $255,522 (8.1%) 0.64 1,366
    2018-10-01 $191,250 (6.3%) $258,458 (9.7%) 0.65 1,325
    2018-11-01 $189,925 (5.7%) $258,141 (7.7%) 0.64 1,293
    2018-12-01 $189,900 (5.6%) $259,555 (6.5%) 0.66 1,241
    2019-01-01 $191,250 (6.7%) $261,614 (7.7%) 0.66 1,163
    2019-02-01 $193,125 (10.4%) $264,682 (11.1%) 0.65 1,179
    2019-03-01 $196,000 (9.0%) $268,592 (9.7%) 0.64 1,201
    2019-04-01 $199,250 (9.9%) $271,018 (9.7%) 0.63 1,223
    2019-05-01 $199,000 (7.3%) $276,046 (11.5%) 0.62 1,222
    2019-06-01 $199,000 (3.4%) $271,403 (4.5%) 0.62 1,200
    2019-07-01 $199,900 (1.2%) $267,403 (2.7%) 0.63 1,206
    2019-08-01 $199,900 (3.3%) $267,341 (4.6%) 0.63 1,213
    2019-09-01 $199,900 (5.3%) $266,462 (4.3%) 0.64 1,184
    2019-10-01 $199,700 (4.4%) $265,149 (2.6%) 0.64 1,149
    2019-11-01 $199,500 (5.0%) $262,907 (1.9%) 0.65 1,084
    2019-12-01 $194,700 (2.5%) $255,463 (-1.6%) 0.65 979
    2020-01-01 $194,900 (1.9%) $257,396 (-1.6%) 0.65 884
    2020-02-01 $195,000 (1.0%) $259,807 (-1.8%) 0.64 876
    2020-03-01 $199,250 (1.7%) $270,053 (0.5%) 0.62 832
    2020-04-01 $197,225 (-1.0%) $270,636 (-0.1%) 0.62 817
    2020-05-01 $199,900 (0.5%) $280,371 (1.6%) 0.61 788
    2020-06-01 $215,222 (8.2%) $293,539 (8.2%) 0.63 715
    2020-07-01 $224,950 (12.5%) $298,867 (11.8%) 0.65 658
    2020-08-01 $223,250 (11.7%) $303,358 (13.5%) 0.64 640
    2020-09-01 $229,900 (15.0%) $315,718 (18.5%) 0.66 608
    2020-10-01 $227,900 (14.1%) $318,534 (20.1%) 0.65 551
    2020-11-01 $222,500 (11.5%) $314,207 (19.5%) 0.65 526
    2020-12-01 $212,500 (9.1%) $306,068 (19.8%) 0.63 505
    2021-01-01 $209,900 (7.7%) $311,267 (20.9%) 0.63 468
    2021-02-01 $199,900 (2.5%) $322,120 (24.0%) 0.58 387
    2021-03-01 $194,000 (-2.6%) $321,420 (19.0%) 0.55 346
    2021-04-01 $214,900 (9.0%) $321,836 (18.9%) 0.58 336
    2021-05-01 $219,900 (10.0%) $336,137 (19.9%) 0.58 287
    2021-06-01 $239,450 (11.3%) $371,048 (26.4%) 0.63 309
    2021-07-01 $259,925 (15.6%) $378,525 (26.7%) 0.69 404
    2021-08-01 $259,975 (16.5%) $373,087 (23.0%) 0.69 420
    2021-09-01 $262,500 (14.2%) $374,397 (18.6%) 0.70 416
    2021-10-01 $259,944 (14.1%) $378,964 (19.0%) 0.69 373
    2021-11-01 $250,000 (12.4%) $366,356 (16.6%) 0.67 376
    2021-12-01 $250,000 (17.7%) $370,357 (21.0%) 0.68 359
    2022-01-01 $230,000 (9.6%) $360,507 (15.8%) 0.62 308
    2022-02-01 $244,000 (22.1%) $379,684 (17.9%) 0.63 283
    2022-03-01 $273,569 (41.0%) $406,174 (26.4%) 0.68 280
    2022-04-01 $275,500 (28.2%) $385,762 (19.9%) 0.66 266
    2022-05-01 $276,000 (25.5%) $407,102 (21.1%) 0.63 322
    2022-06-01 $301,840 (26.1%) $407,811 (9.9%) 0.67 366
    2022-07-01 $299,000 (15.0%) $397,698 (5.1%) 0.67 444
    2022-08-01 $297,975 (14.6%) $394,895 (5.9%) 0.69 519
    2022-09-01 $298,250 (13.6%) $390,271 (4.2%) 0.70 552
    2022-10-01 $299,999 (15.4%) $394,558 (4.1%) 0.71 554
    2022-11-01 $299,999 (20.0%) $398,407 (8.8%) 0.72 551
    2022-12-01 $299,863 (19.9%) $388,359 (4.9%) 0.74 540
    2023-01-01 $299,663 (30.3%) $393,760 (9.2%) 0.74 512
    2023-02-01 $295,000 (20.9%) $387,475 (2.1%) 0.71 485
    2023-03-01 $291,918 (6.7%) $395,316 (-2.7%) 0.69 468
    2023-04-01 $299,900 (8.9%) $403,083 (4.5%) 0.70 475
    2023-05-01 $306,725 (11.1%) $384,442 (-5.6%) 0.70 498
    2023-06-01 $299,000 (-0.9%) $381,777 (-6.4%) 0.67 557
    2023-07-01 $312,870 (4.6%) $395,748 (-0.5%) 0.71 612
    2023-08-01 $314,750 (5.6%) $404,323 (2.4%) 0.72 671
    2023-09-01 $299,250 (0.3%) $389,667 (-0.2%) 0.70 707
    2023-10-01 $299,900 (0.0%) $392,696 (-0.5%) 0.71 743
    2023-11-01 $299,125 (-0.3%) $376,934 (-5.4%) 0.71 795
    2023-12-01 $299,000 (-0.3%) $376,093 (-3.2%) 0.73 797
    2024-01-01 $299,450 (-0.1%) $375,936 (-4.5%) 0.73 749
    2024-02-01 $299,900 (1.7%) $375,865 (-3.0%) 0.72 756
    2024-03-01 $305,000 (4.5%) $379,401 (-4.0%) 0.72 787
    2024-04-01 $310,000 (3.4%) $384,050 (-4.7%) 0.72 816
    2024-05-01 $309,737 (1.0%) $389,819 (1.4%) 0.70 856
    2024-06-01 $315,000 (5.4%) $386,208 (1.2%) 0.72 901
    2024-07-01 $314,919 (0.7%) $384,911 (-2.7%) 0.72 940
    2024-08-01 $313,950 (-0.3%) $383,513 (-5.2%) 0.73 936
    2024-09-01 $300,000 (0.3%) $380,673 (-2.3%) 0.71 968
    2024-10-01 $306,000 (2.0%) $377,372 (-3.9%) 0.72 990
    2024-11-01 $300,000 (0.3%) $378,285 (0.4%) 0.72 971
    2024-12-01 $299,980 (0.3%) $377,168 (0.3%) 0.75 931
    2025-01-01 $299,900 (0.2%) $374,421 (-0.4%) 0.75 894
    2025-02-01 $300,700 (0.3%) $380,535 (1.2%) 0.73 910
    2025-03-01 $315,000 (3.3%) $382,151 (0.7%) 0.74 966
    2025-04-01 $318,950 (2.9%) $382,592 (-0.4%) 0.74 1,039
    Longview's median listing price for 2025-04-01 was $318,950, a difference of $8,950 (2.9%) versus the prior year and $3,950 versus the prior month.

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

    Longview's average listing price for 2025-04-01 was $382,592, a difference of $-1,458 (-0.4%) versus the prior year and $441 versus the prior month.

    For the 2025-04-01 period, Longview had 1,039 MLS listings, a difference of 73 listings (8%) versus the prior month and 223 listings (27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Longview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 110 days 2,016 sqft
    2018-02-01 106 days 1,973 sqft
    2018-03-01 93 days 1,995 sqft
    2018-04-01 72 days 2,031 sqft
    2018-05-01 66 days 2,024 sqft
    2018-06-01 68 days 2,046 sqft
    2018-07-01 68 days 2,035 sqft
    2018-08-01 71 days 2,032 sqft
    2018-09-01 81 days 2,020 sqft
    2018-10-01 88 days 2,031 sqft
    2018-11-01 89 days 2,041 sqft
    2018-12-01 90 days 2,017 sqft
    2019-01-01 97 days 2,026 sqft
    2019-02-01 95 days 2,059 sqft
    2019-03-01 83 days 2,073 sqft
    2019-04-01 70 days 2,089 sqft
    2019-05-01 64 days 2,075 sqft
    2019-06-01 61 days 2,058 sqft
    2019-07-01 61 days 2,053 sqft
    2019-08-01 63 days 2,070 sqft
    2019-09-01 68 days 2,085 sqft
    2019-10-01 72 days 2,094 sqft
    2019-11-01 75 days 2,074 sqft
    2019-12-01 81 days 2,029 sqft
    2020-01-01 94 days 2,030 sqft
    2020-02-01 86 days 2,027 sqft
    2020-03-01 65 days 2,031 sqft
    2020-04-01 70 days 2,025 sqft
    2020-05-01 73 days 2,053 sqft
    2020-06-01 78 days 2,129 sqft
    2020-07-01 64 days 2,135 sqft
    2020-08-01 59 days 2,148 sqft
    2020-09-01 61 days 2,158 sqft
    2020-10-01 63 days 2,152 sqft
    2020-11-01 61 days 2,116 sqft
    2020-12-01 63 days 2,046 sqft
    2021-01-01 64 days 2,028 sqft
    2021-02-01 77 days 2,056 sqft
    2021-03-01 66 days 2,048 sqft
    2021-04-01 37 days 2,044 sqft
    2021-05-01 33 days 1,972 sqft
    2021-06-01 31 days 2,045 sqft
    2021-07-01 31 days 2,078 sqft
    2021-08-01 37 days 2,041 sqft
    2021-09-01 42 days 2,053 sqft
    2021-10-01 50 days 2,021 sqft
    2021-11-01 52 days 2,016 sqft
    2021-12-01 49 days 1,981 sqft
    2022-01-01 60 days 1,945 sqft
    2022-02-01 40 days 1,882 sqft
    2022-03-01 33 days 2,051 sqft
    2022-04-01 36 days 2,046 sqft
    2022-05-01 24 days 2,082 sqft
    2022-06-01 33 days 2,142 sqft
    2022-07-01 36 days 2,109 sqft
    2022-08-01 38 days 2,095 sqft
    2022-09-01 46 days 2,102 sqft
    2022-10-01 54 days 2,078 sqft
    2022-11-01 52 days 2,094 sqft
    2022-12-01 67 days 2,076 sqft
    2023-01-01 84 days 2,085 sqft
    2023-02-01 79 days 2,022 sqft
    2023-03-01 56 days 2,025 sqft
    2023-04-01 46 days 2,064 sqft
    2023-05-01 50 days 2,074 sqft
    2023-06-01 46 days 2,019 sqft
    2023-07-01 48 days 2,041 sqft
    2023-08-01 52 days 2,064 sqft
    2023-09-01 57 days 2,030 sqft
    2023-10-01 65 days 2,044 sqft
    2023-11-01 61 days 2,020 sqft
    2023-12-01 68 days 2,001 sqft
    2024-01-01 77 days 2,025 sqft
    2024-02-01 78 days 2,025 sqft
    2024-03-01 64 days 2,040 sqft
    2024-04-01 55 days 2,056 sqft
    2024-05-01 58 days 2,062 sqft
    2024-06-01 61 days 2,026 sqft
    2024-07-01 64 days 2,024 sqft
    2024-08-01 65 days 2,034 sqft
    2024-09-01 71 days 2,020 sqft
    2024-10-01 69 days 2,007 sqft
    2024-11-01 74 days 2,010 sqft
    2024-12-01 84 days 2,013 sqft
    2025-01-01 91 days 2,009 sqft
    2025-02-01 85 days 2,014 sqft
    2025-03-01 70 days 2,030 sqft
    2025-04-01 65 days 2,041 sqft
    Longview's median listing age (time on market) for 2025-04-01 was 65 days. This is 17% longer than the same period one year ago.

    Longview's median square footage for active listings during the 2025-04-01 period was 2,041 sqft. One year prior, the average listing was 2,056 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.