Missoula VA Loan Rates, Closing Costs & Stats

MISSOULA, MT

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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.

    Missoula's 33 lenders originated 89 VA loans during 2023. The total origination value was $44,695,000, with an average VA loan value of $502,191.

    Missoula VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Missoula averaged 6.77% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Missoula's average VA mortgage closing costs are $6,832.

    The average rate for the prior week (2025-02-07) was 6.3% and one month ago for the week of 2025-01-10, the average rate was 6.54%.

    The average rate one year ago was 6.56%.

    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.

    Missoula 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 Missoula level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 12 5.71% $10,210
    MANN FINANCIAL INC. 10 6.16% $8,805
    Mortgage Research Center, LLC 8 6.62% $14,043
    NAVY FEDERAL CREDIT UNION 5 5.63% $11,586
    FIRST COLONY MORTGAGE CORPORATION 4 5.53% $3,889
    QUICKEN LOANS, LLC 4 6.12% $33,473
    PENNYMAC LOAN SERVICES, LLC 3 5.54% $15,628
    ENVOY MORTGAGE, LTD 3 6.04% $11,091
    Opportunity Bank of Montana 3 6.71% $5,506
    FREEDOM MORTGAGE CORPORATION 3 6.63% $22,441
    Stockman Bank of Montana 3 5.54% $8,865
    GUARANTEED RATE, INC. 3 6.46% $3,741
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.88% $4,379
    CROSSCOUNTRY MORTGAGE, LLC 2 7.00% $8,838
    USAA Federal Savings Bank 2 6.13% $12,769
    Glacier Bank 2 6.19% $5,262
    ACADEMY MORTGAGE CORPORATION 1 6.75% $16,063
    Wells Fargo Bank 1 6.13% $9,107
    AMERICAN FINANCIAL NETWORK, INC. 1 7.00% $10,029
    AMERISAVE MORTGAGE CORPORATION 1 6.25% $4,090
    CALIBER HOME LOANS, INC. 1 6.50% $11,319
    CARDINAL FINANCIAL 1 5.75% $11,224
    Century Mortgage Company DBA Century Lending Company 1 5.75% $3,924
    Ixonia Bank 1 7.50% $5,641
    Magnolia Bank 1 5.25% $26,561
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $21,827
    NBKC BANK 1 6.63% $5,671
    NEW DAY FINANCIAL, LLC 1 7.25% $11,359
    NEWREZ LLC 1 5.75% $16,846
    PREMIA MORTGAGE, LLC 1 6.50% $3,457
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.50% $18,969
    Prosperity Home Mortgage, LLC 1 5.50% $8,218
    VILLAGE CAPITAL MORTGAGE 1 6.63% $11,749

    The top Missoula VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 12 VA loans originated. Their average total fees are $10,210, which is $1,405 higher than the next largest lender, MANN FINANCIAL INC..

    The lowest fee Missoula VA lenders (with over 10 loans originated) are MANN FINANCIAL INC. ($8,805), UNITED WHOLESALE MORTGAGE, LLC ($10,210), .

    The lowest rate Missoula VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.71%), MANN FINANCIAL INC. (6.16%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Missoula (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 $374,100 (6.9%) $527,916 (-9.7%) 0.00 469
    2018-02-01 $384,075 (9.7%) $542,569 (-5.9%) 0.00 443
    2018-03-01 $379,900 (8.6%) $535,354 (-4.5%) 0.00 473
    2018-04-01 $377,450 (9.4%) $532,790 (0.6%) 0.00 488
    2018-05-01 $389,675 (8.4%) $546,308 (2.7%) 0.00 542
    2018-06-01 $389,950 (8.4%) $548,790 (4.9%) 0.00 634
    2018-07-01 $385,000 (4.3%) $539,577 (6.0%) 0.00 684
    2018-08-01 $384,325 (3.6%) $545,723 (7.6%) 0.00 698
    2018-09-01 $379,900 (3.0%) $536,743 (4.5%) 0.00 723
    2018-10-01 $379,975 (2.9%) $537,405 (3.0%) 0.00 698
    2018-11-01 $379,900 (5.5%) $531,922 (3.6%) 0.00 655
    2018-12-01 $384,250 (3.0%) $542,700 (3.2%) 0.00 563
    2019-01-01 $384,850 (2.9%) $550,352 (4.3%) 0.00 513
    2019-02-01 $384,750 (0.2%) $538,850 (-0.7%) 0.00 482
    2019-03-01 $386,836 (1.8%) $541,086 (1.1%) 0.00 470
    2019-04-01 $391,975 (3.9%) $546,226 (2.5%) 0.00 472
    2019-05-01 $399,900 (2.6%) $545,130 (-0.2%) 0.00 521
    2019-06-01 $398,350 (2.2%) $541,965 (-1.2%) 0.00 530
    2019-07-01 $399,950 (3.9%) $540,749 (0.2%) 0.00 538
    2019-08-01 $402,168 (4.6%) $548,712 (0.6%) 0.00 529
    2019-09-01 $405,420 (6.7%) $554,621 (3.3%) 0.00 517
    2019-10-01 $403,589 (6.2%) $560,814 (4.4%) 0.00 497
    2019-11-01 $395,000 (4.0%) $555,264 (4.4%) 0.00 450
    2019-12-01 $398,198 (3.6%) $549,410 (1.2%) 0.00 391
    2020-01-01 $417,000 (8.4%) $577,767 (5.0%) 0.00 323
    2020-02-01 $417,100 (8.4%) $585,565 (8.7%) 0.00 309
    2020-03-01 $430,150 (11.2%) $610,287 (12.8%) 0.00 328
    2020-04-01 $425,000 (8.4%) $599,973 (9.8%) 0.00 356
    2020-05-01 $449,000 (12.3%) $638,640 (17.2%) 0.00 349
    2020-06-01 $449,950 (13.0%) $639,629 (18.0%) 0.00 338
    2020-07-01 $478,225 (19.6%) $700,590 (29.6%) 0.00 311
    2020-08-01 $519,000 (29.1%) $742,464 (35.3%) 0.00 288
    2020-09-01 $525,000 (29.5%) $768,980 (38.7%) 0.00 260
    2020-10-01 $509,000 (26.1%) $769,439 (37.2%) 0.00 240
    2020-11-01 $538,675 (36.4%) $817,657 (47.3%) 0.00 182
    2020-12-01 $539,900 (35.6%) $841,374 (53.1%) 0.00 153
    2021-01-01 $614,500 (47.4%) $905,983 (56.8%) 0.00 123
    2021-02-01 $550,000 (31.9%) $848,582 (44.9%) 0.00 121
    2021-03-01 $487,450 (13.3%) $751,596 (23.2%) 0.00 140
    2021-04-01 $566,475 (33.3%) $795,710 (32.6%) 0.00 128
    2021-05-01 $575,000 (28.1%) $853,008 (33.6%) 0.00 141
    2021-06-01 $583,200 (29.6%) $882,119 (37.9%) 0.00 155
    2021-07-01 $625,000 (30.7%) $885,766 (26.4%) 0.00 175
    2021-08-01 $618,295 (19.1%) $850,777 (14.6%) 0.00 204
    2021-09-01 $642,500 (22.4%) $873,980 (13.7%) 0.00 189
    2021-10-01 $657,500 (29.2%) $885,236 (15.1%) 0.00 167
    2021-11-01 $709,000 (31.6%) $997,234 (22.0%) 0.00 131
    2021-12-01 $767,450 (42.2%) $1,056,272 (25.5%) 0.00 111
    2022-01-01 $795,000 (29.4%) $1,109,893 (22.5%) 0.00 85
    2022-02-01 $821,725 (49.4%) $1,170,110 (37.9%) 0.00 85
    2022-03-01 $774,500 (58.9%) $1,037,050 (38.0%) 0.00 92
    2022-04-01 $839,500 (48.2%) $1,045,472 (31.4%) 0.00 115
    2022-05-01 $751,000 (30.6%) $954,329 (11.9%) 0.00 172
    2022-06-01 $731,000 (25.3%) $935,549 (6.1%) 0.00 224
    2022-07-01 $724,900 (16.0%) $975,586 (10.1%) 0.00 258
    2022-08-01 $705,375 (14.1%) $951,554 (11.9%) 0.00 287
    2022-09-01 $688,741 (7.2%) $939,459 (7.5%) 0.00 293
    2022-10-01 $689,000 (4.8%) $939,705 (6.2%) 0.00 280
    2022-11-01 $679,791 (-4.1%) $955,832 (-4.2%) 0.00 268
    2022-12-01 $689,900 (-10.1%) $972,017 (-8.0%) 0.00 231
    2023-01-01 $699,000 (-12.1%) $1,022,040 (-7.9%) 0.00 217
    2023-02-01 $722,499 (-12.1%) $1,017,323 (-13.1%) 0.00 209
    2023-03-01 $794,725 (2.6%) $1,021,377 (-1.5%) 0.00 187
    2023-04-01 $800,000 (-4.7%) $1,105,049 (5.7%) 0.00 199
    2023-05-01 $778,725 (3.7%) $1,084,807 (13.7%) 0.00 250
    2023-06-01 $754,000 (3.2%) $1,051,620 (12.4%) 0.00 288
    2023-07-01 $724,900 (0.0%) $1,044,020 (7.0%) 0.00 303
    2023-08-01 $690,500 (-2.1%) $1,054,851 (10.9%) 0.00 318
    2023-09-01 $699,900 (1.6%) $1,065,582 (13.4%) 0.00 354
    2023-10-01 $699,900 (1.6%) $1,081,030 (15.0%) 0.00 358
    2023-11-01 $699,450 (2.9%) $1,097,677 (14.8%) 0.00 337
    2023-12-01 $679,900 (-1.5%) $1,018,648 (4.8%) 0.00 302
    2024-01-01 $671,248 (-4.0%) $1,022,607 (0.1%) 0.00 281
    2024-02-01 $689,250 (-4.6%) $1,009,794 (-0.7%) 0.00 249
    2024-03-01 $717,450 (-9.7%) $1,013,446 (-0.8%) 0.00 247
    2024-04-01 $707,000 (-11.6%) $1,010,386 (-8.6%) 0.00 286
    2024-05-01 $699,000 (-10.2%) $1,034,845 (-4.6%) 0.00 348
    2024-06-01 $699,000 (-7.3%) $992,067 (-5.7%) 0.00 385
    2024-07-01 $709,000 (-2.2%) $1,018,142 (-2.5%) 0.00 405
    2024-08-01 $699,000 (1.2%) $983,486 (-6.8%) 0.00 416
    2024-09-01 $695,000 (-0.7%) $949,814 (-10.9%) 0.00 440
    2024-10-01 $691,950 (-1.1%) $956,188 (-11.6%) 0.00 437
    2024-11-01 $675,000 (-3.5%) $972,044 (-11.5%) 0.00 394
    2024-12-01 $674,750 (-0.8%) $1,013,830 (-0.5%) 0.00 351
    2025-01-01 $695,000 (3.5%) $1,057,105 (3.4%) 0.00 309
    Missoula's median listing price for 2025-01-01 was $695,000, a difference of $23,752 (3.5%) versus the prior year and $20,250 versus the prior month.

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

    Missoula's average listing price for 2025-01-01 was $1,057,105, a difference of $34,498 (3.4%) versus the prior year and $43,275 versus the prior month.

    For the 2025-01-01 period, Missoula had 309 MLS listings, a difference of -42 listings (-12%) versus the prior month and 28 listings (10%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Missoula (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,190 sqft
    2018-02-01 0 days 2,215 sqft
    2018-03-01 0 days 2,175 sqft
    2018-04-01 0 days 2,216 sqft
    2018-05-01 0 days 2,189 sqft
    2018-06-01 0 days 2,155 sqft
    2018-07-01 0 days 2,113 sqft
    2018-08-01 0 days 2,135 sqft
    2018-09-01 0 days 2,087 sqft
    2018-10-01 0 days 2,080 sqft
    2018-11-01 0 days 2,054 sqft
    2018-12-01 0 days 2,091 sqft
    2019-01-01 0 days 2,095 sqft
    2019-02-01 0 days 2,069 sqft
    2019-03-01 0 days 2,069 sqft
    2019-04-01 0 days 2,082 sqft
    2019-05-01 0 days 2,229 sqft
    2019-06-01 0 days 2,230 sqft
    2019-07-01 0 days 2,229 sqft
    2019-08-01 0 days 2,237 sqft
    2019-09-01 0 days 2,234 sqft
    2019-10-01 0 days 2,231 sqft
    2019-11-01 0 days 2,196 sqft
    2019-12-01 0 days 2,138 sqft
    2020-01-01 0 days 2,163 sqft
    2020-02-01 0 days 2,112 sqft
    2020-03-01 0 days 2,216 sqft
    2020-04-01 0 days 2,202 sqft
    2020-05-01 0 days 2,289 sqft
    2020-06-01 0 days 2,286 sqft
    2020-07-01 0 days 2,394 sqft
    2020-08-01 0 days 2,432 sqft
    2020-09-01 0 days 2,415 sqft
    2020-10-01 0 days 2,438 sqft
    2020-11-01 0 days 2,442 sqft
    2020-12-01 0 days 2,344 sqft
    2021-01-01 0 days 2,515 sqft
    2021-02-01 0 days 2,263 sqft
    2021-03-01 0 days 2,086 sqft
    2021-04-01 0 days 2,200 sqft
    2021-05-01 0 days 2,335 sqft
    2021-06-01 0 days 2,172 sqft
    2021-07-01 0 days 2,197 sqft
    2021-08-01 0 days 2,298 sqft
    2021-09-01 0 days 2,330 sqft
    2021-10-01 0 days 2,263 sqft
    2021-11-01 0 days 2,347 sqft
    2021-12-01 0 days 2,406 sqft
    2022-01-01 0 days 2,323 sqft
    2022-02-01 0 days 2,353 sqft
    2022-03-01 0 days 2,272 sqft
    2022-04-01 0 days 2,296 sqft
    2022-05-01 0 days 2,242 sqft
    2022-06-01 0 days 2,294 sqft
    2022-07-01 0 days 2,305 sqft
    2022-08-01 0 days 2,221 sqft
    2022-09-01 0 days 2,199 sqft
    2022-10-01 0 days 2,274 sqft
    2022-11-01 0 days 2,198 sqft
    2022-12-01 0 days 2,184 sqft
    2023-01-01 0 days 2,199 sqft
    2023-02-01 0 days 2,234 sqft
    2023-03-01 0 days 2,282 sqft
    2023-04-01 0 days 2,279 sqft
    2023-05-01 0 days 2,230 sqft
    2023-06-01 0 days 2,244 sqft
    2023-07-01 0 days 2,076 sqft
    2023-08-01 0 days 2,095 sqft
    2023-09-01 0 days 2,126 sqft
    2023-10-01 0 days 2,141 sqft
    2023-11-01 0 days 2,139 sqft
    2023-12-01 0 days 2,120 sqft
    2024-01-01 0 days 2,117 sqft
    2024-02-01 0 days 2,086 sqft
    2024-03-01 0 days 2,136 sqft
    2024-04-01 0 days 2,080 sqft
    2024-05-01 0 days 2,021 sqft
    2024-06-01 0 days 1,992 sqft
    2024-07-01 0 days 2,077 sqft
    2024-08-01 0 days 2,082 sqft
    2024-09-01 0 days 2,021 sqft
    2024-10-01 0 days 2,063 sqft
    2024-11-01 0 days 2,043 sqft
    2024-12-01 0 days 2,081 sqft
    2025-01-01 0 days 2,121 sqft
    Missoula's median listing age (time on market) for 2025-01-01 was 0 days.

    Missoula's median square footage for active listings during the 2025-01-01 period was 2,121 sqft. One year prior, the average listing was 2,117 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.