Missoula VA Loan Rates, Closing Costs & Stats

MISSOULA, MT

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 38 lenders originated 122 VA loans during 2024. The total origination value was $66,900,000, with an average VA loan value of $548,361.

Missoula VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Missoula averaged 6.29% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

Missoula's average VA mortgage closing costs are $7,222.

The average rate for the prior week (2025-03-28) was 6.61% and one month ago for the week of 2025-02-28, the average rate was 6.49%.

The average rate one year ago was 6.89%.

For refis of the same type during the week of 2025-04-04, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
FREEDOM MORTGAGE CORPORATION 14 6.03% $11,192
Mortgage Research Center, LLC 11 6.34% $6,309
UNITED WHOLESALE MORTGAGE, LLC 10 6.05% $13,882
QUICKEN LOANS, LLC 9 5.98% $16,145
CROSSCOUNTRY MORTGAGE, LLC 7 6.13% $5,405
ENVOY MORTGAGE, LTD 7 6.50% $8,503
Opportunity Bank of Montana 5 6.03% $3,869
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.25% $6,188
CHURCHILL MORTGAGE CORPORATION 4 5.25% $26,335
USAA Federal Savings Bank 4 6.50% $10,323
Stockman Bank of Montana 3 5.79% $14,302
The Loan Store, Inc. 3 6.04% $6,208
PENNYMAC LOAN SERVICES, LLC 3 5.37% $14,554
GUARANTEED RATE, INC. 3 5.88% $5,503
Plains Commerce Bank 3 6.08% $4,972
American Mortgage & Equity Consultants, Inc. 2 6.44% $51,324
LAKEVIEW LOAN SERVICING, LLC 2 5.69% $3,595
NAVY FEDERAL CREDIT UNION 2 6.06% $8,040
NEW DAY FINANCIAL, LLC 2 7.24% $11,207
PLANET HOME LENDING, LLC 2 5.68% $5,544
PREMIER MORTGAGE RESOURCES, L.L.C. 2 5.43% $24,188
VILLAGE CAPITAL MORTGAGE 2 5.62% $9,204
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $38,470
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.50% $4,575
Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $31,141
PHH Mortgage Corporation 1 5.13% $12,207
LOANDEPOT.COM, LLC 1 4.99% $22,284
BROKER SOLUTIONS, INC. 1 7.25% $5,577
Barrington Bank & Trust Company, N.A. 1 6.25% $13,648
GUILD MORTGAGE COMPANY 1 6.13% $32,267
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.38% $12,774
S1L, Inc. 1 5.63% $5,230
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.25% $13,285
SUN WEST MORTGAGE COMPANY, INC. 1 7.38% $40,107
NBH Bank 1 5.63% $7,111
NBKC BANK 1 5.49% $910
Carrington Mortgage Services, LLC 1 5.00% $26,556
NEWREZ LLC 1 4.95% $10,945

The top Missoula VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 14 VA loans originated. Their average total fees are $11,192, which is $4,883 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Missoula VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,309), FREEDOM MORTGAGE CORPORATION ($11,192), UNITED WHOLESALE MORTGAGE, LLC ($13,882), .

The lowest rate Missoula VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION (6.03%), UNITED WHOLESALE MORTGAGE, LLC (6.05%), Mortgage Research Center, LLC (6.34%), .


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
2025-02-01 $714,500 (3.7%) $1,083,988 (7.4%) 0.00 295
2025-03-01 $699,450 (-2.5%) $1,044,190 (3.0%) 0.00 298
Missoula's median listing price for 2025-03-01 was $699,450, a difference of $-18,000 (-2.5%) versus the prior year and $-15,050 versus the prior month.

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

Missoula's average listing price for 2025-03-01 was $1,044,190, a difference of $30,744 (3.0%) versus the prior year and $-39,798 versus the prior month.

For the 2025-03-01 period, Missoula had 298 MLS listings, a difference of 3 listings (1%) versus the prior month and 51 listings (21%) 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
2025-02-01 0 days 2,127 sqft
2025-03-01 0 days 2,080 sqft
Missoula's median listing age (time on market) for 2025-03-01 was 0 days.

Missoula's median square footage for active listings during the 2025-03-01 period was 2,080 sqft. One year prior, the average listing was 2,136 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.