Marinette VA Loan Rates, Closing Costs & Stats

Marinette, WI-MI

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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.

    Marinette's 23 lenders originated 64 VA loans during 2023. The total origination value was $13,290,000, with an average VA loan value of $207,656.

    Marinette VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Marinette averaged 6.86% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Marinette's average VA mortgage closing costs are $4,152.

    The average rate for the prior week (2025-02-07) was 6.49% and one month ago for the week of 2025-01-10, the average rate was 7.03%.

    The average rate one year ago was 6.45%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.33%.

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

    Marinette 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 Marinette level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 17 6.94% $5,031
    UNITED WHOLESALE MORTGAGE, LLC 6 6.86% $4,515
    NAVY FEDERAL CREDIT UNION 5 5.75% $5,935
    QUICKEN LOANS, LLC 5 6.22% $6,632
    Barrington Bank & Trust Company, N.A. 3 6.04% $5,839
    Flagstar Bank, FSB 2 7.50% $3,717
    AMERISAVE MORTGAGE CORPORATION 2 6.50% $12,111
    HOMESIDE FINANCIAL, LLC 2 6.94% $9,980
    Mr. Cooper ( Nationstar Mortgage ) 2 7.00% $14,436
    NEW DAY FINANCIAL, LLC 2 7.18% $11,326
    NEWREZ LLC 2 7.00% $11,503
    Plains Commerce Bank 1 5.75% $10,969
    USAA Federal Savings Bank 1 6.63% $4,238
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $3,752
    CHURCHILL MORTGAGE CORPORATION 1 6.75% $2,844
    CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $8,156
    FREEDOM MORTGAGE CORPORATION 1 7.25% $23,117
    GSF Mortgage Corporation 1 6.63% $3,657
    GUARANTEED RATE, INC. 1 7.38% $4,019
    LAKEVIEW LOAN SERVICING, LLC 1 7.25% $6,711
    MICHIGAN MUTUAL, INC. 1 4.75% $8,494
    MOVEMENT MORTGAGE, LLC 1 6.75% $8,790
    PENNYMAC LOAN SERVICES, LLC 1 4.75% $3,666

    The top Marinette VA lender as defined by loan originations is Mortgage Research Center, LLC, with 17 VA loans originated. Their average total fees are $5,031, which is $517 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Marinette VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,031), .

    The lowest rate Marinette VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.94%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Marinette (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 $119,575 (8.8%) $173,789 (0.4%) 0.00 428
    2018-02-01 $124,950 (11.2%) $178,884 (0.8%) 0.00 432
    2018-03-01 $125,925 (5.8%) $178,932 (0.9%) 0.00 412
    2018-04-01 $129,950 (3.2%) $195,345 (6.2%) 0.00 415
    2018-05-01 $137,475 (7.6%) $202,203 (11.6%) 0.00 431
    2018-06-01 $134,900 (3.9%) $183,731 (0.8%) 0.00 493
    2018-07-01 $138,975 (11.3%) $181,650 (-2.9%) 0.00 613
    2018-08-01 $130,000 (4.1%) $175,351 (-7.8%) 0.00 669
    2018-09-01 $134,900 (8.4%) $181,351 (-1.0%) 0.00 569
    2018-10-01 $138,975 (9.9%) $186,767 (1.4%) 0.00 532
    2018-11-01 $139,425 (12.3%) $188,385 (3.1%) 0.00 519
    2018-12-01 $134,900 (12.5%) $188,333 (6.3%) 0.00 473
    2019-01-01 $131,450 (9.9%) $192,308 (10.7%) 0.00 418
    2019-02-01 $131,425 (5.2%) $193,205 (8.0%) 0.00 412
    2019-03-01 $129,900 (3.2%) $189,936 (6.2%) 0.00 417
    2019-04-01 $132,400 (1.9%) $187,421 (-4.1%) 0.00 439
    2019-05-01 $129,900 (-5.5%) $186,603 (-7.7%) 0.00 460
    2019-06-01 $129,900 (-3.7%) $180,384 (-1.8%) 0.00 514
    2019-07-01 $129,900 (-6.5%) $179,901 (-1.0%) 0.00 515
    2019-08-01 $130,200 (0.2%) $181,841 (3.7%) 0.00 511
    2019-09-01 $130,650 (-3.2%) $182,720 (0.8%) 0.00 496
    2019-10-01 $135,450 (-2.5%) $185,545 (-0.7%) 0.00 454
    2019-11-01 $139,000 (-0.3%) $185,779 (-1.4%) 0.00 389
    2019-12-01 $130,925 (-3.0%) $179,266 (-4.8%) 0.00 338
    2020-01-01 $129,900 (-1.2%) $180,154 (-6.3%) 0.00 303
    2020-02-01 $139,900 (6.5%) $181,684 (-6.0%) 0.00 308
    2020-03-01 $149,900 (15.4%) $194,548 (2.4%) 0.00 305
    2020-04-01 $149,900 (13.2%) $195,804 (4.5%) 0.00 272
    2020-05-01 $149,900 (15.4%) $200,102 (7.2%) 0.00 270
    2020-06-01 $146,900 (13.1%) $200,432 (11.1%) 0.00 301
    2020-07-01 $145,900 (12.3%) $202,025 (12.3%) 0.00 315
    2020-08-01 $149,900 (15.1%) $205,264 (12.9%) 0.00 280
    2020-09-01 $149,900 (14.7%) $213,220 (16.7%) 0.00 266
    2020-10-01 $142,450 (5.2%) $205,373 (10.7%) 0.00 237
    2020-11-01 $135,650 (-2.4%) $201,887 (8.7%) 0.00 197
    2020-12-01 $132,900 (1.5%) $211,890 (18.2%) 0.00 172
    2021-01-01 $139,900 (7.7%) $219,616 (21.9%) 0.00 146
    2021-02-01 $148,675 (6.3%) $238,175 (31.1%) 0.00 131
    2021-03-01 $162,650 (8.5%) $252,475 (29.8%) 0.00 115
    2021-04-01 $159,400 (6.3%) $243,010 (24.1%) 0.00 117
    2021-05-01 $157,400 (5.0%) $226,738 (13.3%) 0.00 136
    2021-06-01 $150,950 (2.8%) $223,221 (11.4%) 0.00 160
    2021-07-01 $159,900 (9.6%) $231,550 (14.6%) 0.00 181
    2021-08-01 $169,900 (13.3%) $242,182 (18.0%) 0.00 177
    2021-09-01 $167,450 (11.7%) $235,162 (10.3%) 0.00 180
    2021-10-01 $169,900 (19.3%) $251,115 (22.3%) 0.00 171
    2021-11-01 $156,725 (15.5%) $254,658 (26.1%) 0.00 139
    2021-12-01 $159,300 (19.9%) $270,046 (27.5%) 0.00 113
    2022-01-01 $159,900 (14.3%) $300,582 (36.9%) 0.00 90
    2022-02-01 $159,925 (7.6%) $325,430 (36.6%) 0.00 79
    2022-03-01 $179,900 (10.6%) $372,149 (47.4%) 0.00 78
    2022-04-01 $179,900 (12.9%) $279,851 (15.2%) 0.00 96
    2022-05-01 $204,950 (30.2%) $285,614 (26.0%) 0.00 97
    2022-06-01 $188,650 (25.0%) $271,143 (21.5%) 0.00 131
    2022-07-01 $182,450 (14.1%) $261,704 (13.0%) 0.00 136
    2022-08-01 $177,450 (4.4%) $252,446 (4.2%) 0.00 148
    2022-09-01 $174,900 (4.5%) $246,123 (4.7%) 0.00 160
    2022-10-01 $174,900 (2.9%) $248,861 (-0.9%) 0.00 150
    2022-11-01 $179,900 (14.8%) $242,182 (-4.9%) 0.00 153
    2022-12-01 $190,000 (19.3%) $239,899 (-11.2%) 0.00 144
    2023-01-01 $199,900 (25.0%) $257,331 (-14.4%) 0.00 110
    2023-02-01 $212,975 (33.2%) $273,221 (-16.0%) 0.00 96
    2023-03-01 $222,425 (23.6%) $278,836 (-25.1%) 0.00 84
    2023-04-01 $222,400 (23.6%) $291,148 (4.0%) 0.00 86
    2023-05-01 $219,175 (6.9%) $285,637 (0.0%) 0.00 100
    2023-06-01 $225,000 (19.3%) $293,867 (8.4%) 0.00 110
    2023-07-01 $249,900 (37.0%) $300,932 (15.0%) 0.00 112
    2023-08-01 $224,975 (26.8%) $294,043 (16.5%) 0.00 146
    2023-09-01 $225,000 (28.6%) $294,143 (19.5%) 0.00 153
    2023-10-01 $244,900 (40.0%) $291,723 (17.2%) 0.00 153
    2023-11-01 $227,450 (26.4%) $288,483 (19.1%) 0.00 142
    2023-12-01 $199,900 (5.2%) $280,456 (16.9%) 0.00 122
    2024-01-01 $207,450 (3.8%) $274,630 (6.7%) 0.00 112
    2024-02-01 $207,400 (-2.6%) $306,686 (12.3%) 0.00 101
    2024-03-01 $224,900 (1.1%) $323,241 (15.9%) 0.00 106
    2024-04-01 $239,900 (7.9%) $346,191 (18.9%) 0.00 120
    2024-05-01 $242,400 (10.6%) $338,523 (18.5%) 0.00 145
    2024-06-01 $243,250 (8.1%) $347,747 (18.3%) 0.00 149
    2024-07-01 $268,675 (7.5%) $348,869 (15.9%) 0.00 168
    2024-08-01 $259,900 (15.5%) $346,666 (17.9%) 0.00 188
    2024-09-01 $241,175 (7.2%) $329,027 (11.9%) 0.00 189
    2024-10-01 $234,900 (-4.1%) $327,436 (12.2%) 0.00 183
    2024-11-01 $229,900 (1.1%) $316,101 (9.6%) 0.00 187
    2024-12-01 $224,725 (12.4%) $337,050 (20.2%) 0.00 162
    2025-01-01 $223,500 (7.7%) $344,602 (25.5%) 0.00 133
    Marinette's median listing price for 2025-01-01 was $223,500, a difference of $16,050 (7.7%) versus the prior year and $-1,225 versus the prior month.

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

    Marinette's average listing price for 2025-01-01 was $344,602, a difference of $69,972 (25.5%) versus the prior year and $7,552 versus the prior month.

    For the 2025-01-01 period, Marinette had 133 MLS listings, a difference of -29 listings (-18%) versus the prior month and 21 listings (19%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Marinette (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,430 sqft
    2018-02-01 0 days 1,447 sqft
    2018-03-01 0 days 1,428 sqft
    2018-04-01 0 days 1,421 sqft
    2018-05-01 0 days 1,512 sqft
    2018-06-01 0 days 1,494 sqft
    2018-07-01 0 days 1,422 sqft
    2018-08-01 0 days 1,400 sqft
    2018-09-01 0 days 1,465 sqft
    2018-10-01 0 days 1,474 sqft
    2018-11-01 0 days 1,456 sqft
    2018-12-01 0 days 1,434 sqft
    2019-01-01 0 days 1,418 sqft
    2019-02-01 0 days 1,439 sqft
    2019-03-01 0 days 1,420 sqft
    2019-04-01 0 days 1,392 sqft
    2019-05-01 0 days 1,399 sqft
    2019-06-01 0 days 1,440 sqft
    2019-07-01 0 days 1,412 sqft
    2019-08-01 0 days 1,418 sqft
    2019-09-01 0 days 1,408 sqft
    2019-10-01 0 days 1,426 sqft
    2019-11-01 0 days 1,460 sqft
    2019-12-01 0 days 1,452 sqft
    2020-01-01 0 days 1,448 sqft
    2020-02-01 0 days 1,521 sqft
    2020-03-01 0 days 1,536 sqft
    2020-04-01 0 days 1,537 sqft
    2020-05-01 0 days 1,512 sqft
    2020-06-01 0 days 1,445 sqft
    2020-07-01 0 days 1,432 sqft
    2020-08-01 0 days 1,458 sqft
    2020-09-01 0 days 1,449 sqft
    2020-10-01 0 days 1,400 sqft
    2020-11-01 0 days 1,408 sqft
    2020-12-01 0 days 1,505 sqft
    2021-01-01 0 days 1,600 sqft
    2021-02-01 0 days 1,681 sqft
    2021-03-01 0 days 1,697 sqft
    2021-04-01 0 days 1,600 sqft
    2021-05-01 0 days 1,556 sqft
    2021-06-01 0 days 1,568 sqft
    2021-07-01 0 days 1,456 sqft
    2021-08-01 0 days 1,497 sqft
    2021-09-01 0 days 1,499 sqft
    2021-10-01 0 days 1,500 sqft
    2021-11-01 0 days 1,492 sqft
    2021-12-01 0 days 1,504 sqft
    2022-01-01 0 days 1,500 sqft
    2022-02-01 0 days 1,435 sqft
    2022-03-01 0 days 1,400 sqft
    2022-04-01 0 days 1,509 sqft
    2022-05-01 0 days 1,583 sqft
    2022-06-01 0 days 1,497 sqft
    2022-07-01 0 days 1,450 sqft
    2022-08-01 0 days 1,446 sqft
    2022-09-01 0 days 1,401 sqft
    2022-10-01 0 days 1,424 sqft
    2022-11-01 0 days 1,402 sqft
    2022-12-01 0 days 1,457 sqft
    2023-01-01 0 days 1,627 sqft
    2023-02-01 0 days 1,687 sqft
    2023-03-01 0 days 1,593 sqft
    2023-04-01 0 days 1,568 sqft
    2023-05-01 0 days 1,478 sqft
    2023-06-01 0 days 1,474 sqft
    2023-07-01 0 days 1,500 sqft
    2023-08-01 0 days 1,483 sqft
    2023-09-01 0 days 1,512 sqft
    2023-10-01 0 days 1,599 sqft
    2023-11-01 0 days 1,610 sqft
    2023-12-01 0 days 1,535 sqft
    2024-01-01 0 days 1,467 sqft
    2024-02-01 0 days 1,527 sqft
    2024-03-01 0 days 1,554 sqft
    2024-04-01 0 days 1,567 sqft
    2024-05-01 0 days 1,546 sqft
    2024-06-01 0 days 1,562 sqft
    2024-07-01 0 days 1,553 sqft
    2024-08-01 0 days 1,523 sqft
    2024-09-01 0 days 1,543 sqft
    2024-10-01 0 days 1,512 sqft
    2024-11-01 0 days 1,500 sqft
    2024-12-01 0 days 1,449 sqft
    2025-01-01 0 days 1,443 sqft
    Marinette's median listing age (time on market) for 2025-01-01 was 0 days.

    Marinette's median square footage for active listings during the 2025-01-01 period was 1,443 sqft. One year prior, the average listing was 1,467 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.