Medford VA Loan Rates, Closing Costs & Stats

MEDFORD, 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.

    Medford's 66 lenders originated 350 VA loans during 2024. The total origination value was $138,640,000, with an average VA loan value of $396,114.

    Medford VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Medford averaged 0.24% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Medford's average VA mortgage closing costs are $6,949.

    The average rate for the prior week (2025-06-27) was 6.57% and one month ago for the week of 2025-05-30, the average rate was 6.7%.

    The average rate one year ago was 6.81%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.34%.

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

    Medford 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 Medford level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 41 6.30% $5,673
    UNITED WHOLESALE MORTGAGE, LLC 38 5.95% $9,128
    QUICKEN LOANS, LLC 20 6.02% $11,201
    CROSSCOUNTRY MORTGAGE, LLC 16 6.47% $5,266
    GUILD MORTGAGE COMPANY 15 5.70% $8,680
    MOVEMENT MORTGAGE, LLC 13 6.14% $15,531
    FREEDOM MORTGAGE CORPORATION 12 6.15% $14,020
    Nations Lending Corporation 11 6.35% $9,508
    ROGUE 10 6.71% $7,469
    CMG MORTGAGE, INC. 9 6.36% $13,735
    MUTUAL OF OMAHA MORTGAGE, INC. 9 6.51% $9,135
    Willamette Valley Bank 8 5.81% $11,811
    PENNYMAC LOAN SERVICES, LLC 8 5.77% $8,522
    VILLAGE CAPITAL MORTGAGE 7 5.88% $4,138
    The Federal Savings Bank 6 6.15% $25,707
    LOANDEPOT.COM, LLC 6 5.81% $7,674
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 6 6.17% $13,243
    NAVY FEDERAL CREDIT UNION 5 5.90% $6,124
    NEW DAY FINANCIAL, LLC 5 7.33% $22,683
    USAA Federal Savings Bank 4 5.97% $16,120
    Sunflower Bank 3 5.75% $11,940
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.42% $2,518
    NEWREZ LLC 3 5.48% $11,477
    GoPrime Mortgage, Inc. 3 6.63% $6,173
    SUMMIT FUNDING, INC. 3 6.66% $16,972
    NATIONS DIRECT MORTGAGE, LLC 3 5.50% $10,253
    MORTGAGE EXPRESS, LLC 3 6.04% $13,353
    The Loan Store, Inc. 2 6.25% $9,038
    BROKER SOLUTIONS, INC. 2 6.50% $10,701
    LOANPAL, LLC 2 5.56% $16,098
    Century Mortgage Company DBA Century Lending Company 2 6.12% $2,632
    PACIFIC RESIDENTIAL MORTGAGE, LLC 2 5.94% $18,354
    SUN WEST MORTGAGE COMPANY, INC. 2 5.56% $3,530
    DHI MORTGAGE COMPANY, LTD. 2 5.25% $2,959
    GUARANTEED RATE, INC. 2 6.00% $15,001
    Mr. Cooper ( Nationstar Mortgage ) 2 6.75% $10,895
    Equity Prime Mortgage LLC 2 6.19% $16,967
    T2 FINANCIAL LLC 1 5.75% $2,881
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $9,615
    AMERISAVE MORTGAGE CORPORATION 1 6.75% $8,738
    Armed Forces Bank 1 6.25% $25,164
    Barrington Bank & Trust Company, N.A. 1 5.25% $3,571
    CANOPY MORTGAGE, LLC 1 6.13% $9,716
    Carrington Mortgage Services, LLC 1 5.88% $7,683
    CLEARPATH LENDING 1 5.88% $3,900
    CLM MORTGAGE, INC 1 4.99% $11,072
    DIRECTORS MORTGAGE, INC. 1 6.63% $8,121
    EVERETT FINANCIAL, INC. 1 6.13% $18,603
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.99% $6,600
    Ixonia Bank 1 5.50% $32,032
    JMAC LENDING, INC. 1 5.75% $11,713
    Lakeview Community Capital, LLC 1 5.25% $8,616
    LAKEVIEW LOAN SERVICING, LLC 1 4.88% $12,197
    Magnolia Bank 1 5.50% $22,234
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $0
    NBKC BANK 1 5.88% $6,592
    Paramount Residential Mortgage Group, Inc. 1 7.13% $3,842
    PHH Mortgage Corporation 1 5.99% $5,899
    PLANET HOME LENDING, LLC 1 5.99% $4,484
    PLAZA HOME MORTGAGE, INC. 1 6.13% $27,369
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.13% $32,086
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $5,156
    SUMMIT MORTGAGE CORPORATION 1 6.25% $2,060
    AMERICAN FINANCIAL NETWORK, INC. 1 5.25% $12,762
    TWINSTAR 1 5.88% $12,575
    Umpqua Bank 1 6.88% $12,566

    The top Medford VA lender as defined by loan originations is Mortgage Research Center, LLC, with 41 VA loans originated. Their average total fees are $5,673, which is $3,455 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Medford VA lenders (with over 10 loans originated) are CROSSCOUNTRY MORTGAGE, LLC ($5,266), Mortgage Research Center, LLC ($5,673), ROGUE ($7,469), GUILD MORTGAGE COMPANY ($8,680) and UNITED WHOLESALE MORTGAGE, LLC ($9,128).

    The lowest rate Medford VA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (5.70%), UNITED WHOLESALE MORTGAGE, LLC (5.95%), QUICKEN LOANS, LLC (6.02%), MOVEMENT MORTGAGE, LLC (6.14%) and FREEDOM MORTGAGE CORPORATION (6.15%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Medford (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 $399,500 (3.3%) $586,557 (2.4%) 1.48 745
    2018-02-01 $412,100 (3.4%) $594,461 (3.2%) 1.50 758
    2018-03-01 $410,000 (3.8%) $594,144 (5.1%) 1.44 799
    2018-04-01 $400,000 (-0.6%) $573,661 (-3.7%) 1.36 877
    2018-05-01 $422,000 (4.0%) $583,464 (-0.7%) 1.41 958
    2018-06-01 $430,000 (7.5%) $612,892 (5.4%) 1.43 1,004
    2018-07-01 $428,125 (7.3%) $586,293 (-0.5%) 1.43 1,096
    2018-08-01 $409,988 (3.8%) $567,500 (0.8%) 1.37 1,107
    2018-09-01 $400,000 (1.3%) $563,064 (-2.6%) 1.34 1,141
    2018-10-01 $399,950 (1.9%) $555,337 (-2.3%) 1.35 1,206
    2018-11-01 $399,975 (0.1%) $566,895 (1.2%) 1.36 1,163
    2018-12-01 $399,900 (0.0%) $561,064 (-3.9%) 1.38 1,038
    2019-01-01 $399,900 (0.1%) $553,744 (-5.6%) 1.38 940
    2019-02-01 $399,900 (-3.0%) $558,512 (-6.1%) 1.35 953
    2019-03-01 $408,514 (-0.4%) $566,919 (-4.6%) 1.34 1,005
    2019-04-01 $424,500 (6.1%) $573,899 (0.0%) 1.35 1,077
    2019-05-01 $442,000 (4.7%) $584,737 (0.2%) 1.38 1,167
    2019-06-01 $439,000 (2.1%) $582,043 (-5.0%) 1.37 1,267
    2019-07-01 $424,500 (-0.9%) $581,070 (-0.9%) 1.33 1,247
    2019-08-01 $417,245 (1.8%) $582,549 (2.7%) 1.32 1,203
    2019-09-01 $413,114 (3.3%) $585,713 (4.0%) 1.32 1,141
    2019-10-01 $404,950 (1.3%) $583,363 (5.1%) 1.31 1,096
    2019-11-01 $407,000 (1.8%) $586,971 (3.5%) 1.33 956
    2019-12-01 $408,500 (2.2%) $596,749 (6.4%) 1.36 795
    2020-01-01 $399,950 (0.0%) $604,484 (9.2%) 1.34 703
    2020-02-01 $416,450 (4.1%) $610,166 (9.3%) 1.36 692
    2020-03-01 $437,000 (7.0%) $639,712 (12.8%) 1.37 699
    2020-04-01 $435,000 (2.5%) $636,647 (10.9%) 1.36 752
    2020-05-01 $449,450 (1.7%) $646,115 (10.5%) 1.37 701
    2020-06-01 $460,750 (5.0%) $665,598 (14.4%) 1.36 615
    2020-07-01 $460,950 (8.6%) $668,741 (15.1%) 1.34 562
    2020-08-01 $475,000 (13.8%) $666,949 (14.5%) 1.36 506
    2020-09-01 $484,000 (17.2%) $681,578 (16.4%) 1.39 402
    2020-10-01 $484,900 (19.7%) $684,225 (17.3%) 1.39 321
    2020-11-01 $486,500 (19.5%) $692,166 (17.9%) 1.42 311
    2020-12-01 $499,500 (22.3%) $671,052 (12.5%) 1.49 294
    2021-01-01 $500,000 (25.0%) $688,603 (13.9%) 1.49 246
    2021-02-01 $503,625 (20.9%) $722,127 (18.4%) 1.47 244
    2021-03-01 $499,000 (14.2%) $680,957 (6.5%) 1.42 278
    2021-04-01 $483,750 (11.2%) $663,470 (4.2%) 1.31 273
    2021-05-01 $520,000 (15.7%) $686,716 (6.3%) 1.38 317
    2021-06-01 $525,000 (13.9%) $679,109 (2.0%) 1.38 377
    2021-07-01 $515,000 (11.7%) $679,800 (1.7%) 1.36 418
    2021-08-01 $515,250 (8.5%) $673,066 (0.9%) 1.37 450
    2021-09-01 $499,500 (3.2%) $658,445 (-3.4%) 1.33 498
    2021-10-01 $510,000 (5.2%) $667,077 (-2.5%) 1.36 558
    2021-11-01 $525,000 (7.9%) $694,382 (0.3%) 1.40 500
    2021-12-01 $513,625 (2.8%) $709,749 (5.8%) 1.39 417
    2022-01-01 $549,500 (9.9%) $742,930 (7.9%) 1.49 342
    2022-02-01 $577,500 (14.7%) $768,349 (6.4%) 1.50 342
    2022-03-01 $550,000 (10.2%) $748,099 (9.9%) 1.38 377
    2022-04-01 $552,500 (14.2%) $726,965 (9.6%) 1.32 464
    2022-05-01 $556,250 (7.0%) $717,151 (4.4%) 1.27 605
    2022-06-01 $557,500 (6.2%) $720,300 (6.1%) 1.24 717
    2022-07-01 $535,000 (3.9%) $699,466 (2.9%) 1.21 839
    2022-08-01 $529,450 (2.8%) $698,940 (3.8%) 1.22 836
    2022-09-01 $528,750 (5.9%) $695,211 (5.6%) 1.24 766
    2022-10-01 $534,900 (4.9%) $719,484 (7.9%) 1.26 745
    2022-11-01 $524,950 (0.0%) $706,360 (1.7%) 1.26 707
    2022-12-01 $510,000 (-0.7%) $715,888 (0.9%) 1.26 626
    2023-01-01 $517,225 (-5.9%) $723,692 (-2.6%) 1.28 533
    2023-02-01 $548,000 (-5.1%) $753,862 (-1.9%) 1.32 501
    2023-03-01 $541,925 (-1.5%) $743,258 (-0.7%) 1.28 516
    2023-04-01 $544,950 (-1.4%) $738,022 (1.5%) 1.27 532
    2023-05-01 $549,000 (-1.3%) $741,518 (3.4%) 1.24 624
    2023-06-01 $552,500 (-0.9%) $767,250 (6.5%) 1.24 675
    2023-07-01 $549,900 (2.8%) $753,810 (7.8%) 1.25 706
    2023-08-01 $550,000 (3.9%) $741,088 (6.0%) 1.26 679
    2023-09-01 $535,000 (1.2%) $710,473 (2.2%) 1.25 696
    2023-10-01 $505,000 (-5.6%) $685,860 (-4.7%) 1.19 725
    2023-11-01 $525,000 (0.0%) $718,529 (1.7%) 1.25 673
    2023-12-01 $514,500 (0.9%) $700,194 (-2.2%) 1.25 628
    2024-01-01 $499,000 (-3.5%) $687,083 (-5.1%) 1.22 562
    2024-02-01 $499,473 (-8.9%) $684,429 (-9.2%) 1.20 541
    2024-03-01 $529,500 (-2.3%) $706,215 (-5.0%) 1.25 597
    2024-04-01 $526,750 (-3.3%) $715,120 (-3.1%) 1.23 672
    2024-05-01 $553,500 (0.8%) $748,652 (1.0%) 1.26 725
    2024-06-01 $545,000 (-1.4%) $734,517 (-4.3%) 1.24 752
    2024-07-01 $552,863 (0.5%) $754,045 (0.0%) 1.26 806
    2024-08-01 $540,000 (-1.8%) $729,450 (-1.6%) 1.26 821
    2024-09-01 $526,000 (-1.7%) $721,707 (1.6%) 1.24 828
    2024-10-01 $536,000 (6.1%) $717,684 (4.6%) 1.26 848
    2024-11-01 $525,000 (0.0%) $708,531 (-1.4%) 1.26 828
    2024-12-01 $524,997 (2.0%) $692,921 (-1.0%) 1.30 708
    2025-01-01 $516,346 (3.5%) $688,381 (0.2%) 1.29 659
    2025-02-01 $511,821 (2.5%) $717,089 (4.8%) 1.24 654
    2025-03-01 $529,000 (-0.1%) $733,845 (3.9%) 1.25 664
    2025-04-01 $530,000 (0.6%) $712,320 (-0.4%) 1.23 753
    2025-05-01 $539,000 (-2.6%) $712,367 (-4.9%) 1.23 893
    Medford's median listing price for 2025-05-01 was $539,000, a difference of $-14,500 (-2.6%) versus the prior year and $9,000 versus the prior month.

    Medford's median listing price comes in at 123% of the national average.

    Medford's average listing price for 2025-05-01 was $712,367, a difference of $-36,285 (-4.9%) versus the prior year and $47 versus the prior month.

    For the 2025-05-01 period, Medford had 893 MLS listings, a difference of 140 listings (19%) versus the prior month and 168 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Medford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 80 days 1,906 sqft
    2018-02-01 74 days 1,914 sqft
    2018-03-01 61 days 1,948 sqft
    2018-04-01 50 days 1,947 sqft
    2018-05-01 50 days 1,993 sqft
    2018-06-01 51 days 2,032 sqft
    2018-07-01 53 days 2,017 sqft
    2018-08-01 59 days 1,992 sqft
    2018-09-01 71 days 1,964 sqft
    2018-10-01 71 days 1,942 sqft
    2018-11-01 67 days 1,946 sqft
    2018-12-01 78 days 1,919 sqft
    2019-01-01 87 days 1,881 sqft
    2019-02-01 84 days 1,889 sqft
    2019-03-01 69 days 1,904 sqft
    2019-04-01 52 days 1,931 sqft
    2019-05-01 45 days 1,998 sqft
    2019-06-01 50 days 1,978 sqft
    2019-07-01 59 days 1,938 sqft
    2019-08-01 65 days 1,933 sqft
    2019-09-01 70 days 1,941 sqft
    2019-10-01 73 days 1,937 sqft
    2019-11-01 75 days 1,938 sqft
    2019-12-01 78 days 1,874 sqft
    2020-01-01 80 days 1,860 sqft
    2020-02-01 72 days 1,858 sqft
    2020-03-01 45 days 1,907 sqft
    2020-04-01 49 days 1,906 sqft
    2020-05-01 60 days 2,025 sqft
    2020-06-01 69 days 2,055 sqft
    2020-07-01 69 days 2,086 sqft
    2020-08-01 61 days 2,080 sqft
    2020-09-01 68 days 2,116 sqft
    2020-10-01 78 days 2,044 sqft
    2020-11-01 59 days 1,984 sqft
    2020-12-01 57 days 1,914 sqft
    2021-01-01 66 days 1,893 sqft
    2021-02-01 44 days 1,872 sqft
    2021-03-01 39 days 1,904 sqft
    2021-04-01 43 days 1,851 sqft
    2021-05-01 33 days 1,883 sqft
    2021-06-01 38 days 1,885 sqft
    2021-07-01 39 days 1,881 sqft
    2021-08-01 43 days 1,868 sqft
    2021-09-01 43 days 1,848 sqft
    2021-10-01 44 days 1,838 sqft
    2021-11-01 54 days 1,872 sqft
    2021-12-01 67 days 1,837 sqft
    2022-01-01 75 days 1,866 sqft
    2022-02-01 55 days 1,928 sqft
    2022-03-01 40 days 1,842 sqft
    2022-04-01 38 days 1,860 sqft
    2022-05-01 36 days 1,848 sqft
    2022-06-01 40 days 1,881 sqft
    2022-07-01 46 days 1,825 sqft
    2022-08-01 56 days 1,825 sqft
    2022-09-01 65 days 1,811 sqft
    2022-10-01 73 days 1,829 sqft
    2022-11-01 80 days 1,834 sqft
    2022-12-01 86 days 1,795 sqft
    2023-01-01 94 days 1,822 sqft
    2023-02-01 92 days 1,858 sqft
    2023-03-01 59 days 1,866 sqft
    2023-04-01 53 days 1,840 sqft
    2023-05-01 49 days 1,858 sqft
    2023-06-01 49 days 1,891 sqft
    2023-07-01 56 days 1,894 sqft
    2023-08-01 62 days 1,890 sqft
    2023-09-01 64 days 1,886 sqft
    2023-10-01 65 days 1,828 sqft
    2023-11-01 72 days 1,828 sqft
    2023-12-01 78 days 1,798 sqft
    2024-01-01 84 days 1,785 sqft
    2024-02-01 82 days 1,777 sqft
    2024-03-01 59 days 1,836 sqft
    2024-04-01 49 days 1,852 sqft
    2024-05-01 52 days 1,876 sqft
    2024-06-01 57 days 1,886 sqft
    2024-07-01 61 days 1,925 sqft
    2024-08-01 63 days 1,920 sqft
    2024-09-01 69 days 1,871 sqft
    2024-10-01 70 days 1,902 sqft
    2024-11-01 73 days 1,890 sqft
    2024-12-01 84 days 1,877 sqft
    2025-01-01 95 days 1,811 sqft
    2025-02-01 95 days 1,803 sqft
    2025-03-01 73 days 1,861 sqft
    2025-04-01 52 days 1,853 sqft
    2025-05-01 50 days 1,876 sqft
    Medford's median listing age (time on market) for 2025-05-01 was 50 days. This is -4% shorter than the same period one year ago.

    Medford's median square footage for active listings during the 2025-05-01 period was 1,876 sqft. One year prior, the average listing was 1,876 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.