Moscow VA Loan Rates, Closing Costs & Stats

Moscow, ID

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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.

    Moscow's 11 lenders originated 21 VA loans during 2023. The total origination value was $8,945,000, with an average VA loan value of $425,952.

    Moscow VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Moscow averaged 6.87% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

    Moscow's average VA mortgage closing costs are $7,398.

    The average rate for the prior week (2024-04-05) was 6.42% and one month ago for the week of 2024-03-08, the average rate was 6.45%.

    The average rate one year ago was 5.74%.

    For refis of the same type during the week of 2024-04-12, the average rate was 6.67%.

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

    Moscow 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 Moscow level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 4 6.72% $9,372
    CMG MORTGAGE, INC. 2 6.38% $32,288
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.50% $20,955
    UNITED WHOLESALE MORTGAGE, LLC 2 5.96% $18,322
    USAA Federal Savings Bank 2 6.00% $9,629
    GUILD MORTGAGE COMPANY 1 6.63% $11,498
    Banner Bank 1 5.75% $8,137
    NAVY FEDERAL CREDIT UNION 1 5.50% $7,683
    NEW DAY FINANCIAL, LLC 1 7.75% $17,909
    FREEDOM MORTGAGE CORPORATION 1 5.63% $22,665
    GUARANTEED RATE, INC. 1 6.25% $17,254

    The top Moscow VA lender as defined by loan originations is Mortgage Research Center, LLC, with 4 VA loans originated. Their average total fees are $9,372, which is $22,916 lower than the next largest lender, CMG MORTGAGE, INC..

    The lowest fee Moscow VA lenders (with over 10 loans originated) are .

    The lowest rate Moscow VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Moscow (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 $261,125 (13.2%) $379,740 (28.0%) 0.00 56
    2018-02-01 $264,450 (17.6%) $389,281 (41.0%) 0.00 60
    2018-03-01 $253,900 (22.1%) $374,126 (34.6%) 0.00 60
    2018-04-01 $283,250 (17.1%) $379,565 (32.7%) 0.00 77
    2018-05-01 $276,000 (6.3%) $386,015 (20.1%) 0.00 84
    2018-06-01 $277,400 (11.0%) $385,338 (25.4%) 0.00 86
    2018-07-01 $275,063 (10.9%) $397,533 (30.4%) 0.00 94
    2018-08-01 $269,700 (6.9%) $398,624 (23.5%) 0.00 100
    2018-09-01 $269,900 (3.9%) $393,949 (17.2%) 0.00 97
    2018-10-01 $269,800 (3.8%) $398,929 (13.8%) 0.00 88
    2018-11-01 $261,625 (1.8%) $395,651 (18.1%) 0.00 76
    2018-12-01 $265,000 (6.4%) $414,866 (15.8%) 0.00 57
    2019-01-01 $308,450 (18.1%) $423,903 (11.6%) 0.00 55
    2019-02-01 $332,750 (25.8%) $459,788 (18.1%) 0.00 49
    2019-03-01 $368,143 (45.0%) $460,072 (23.0%) 0.00 59
    2019-04-01 $384,000 (35.6%) $445,004 (17.2%) 0.00 75
    2019-05-01 $389,000 (40.9%) $443,503 (14.9%) 0.00 78
    2019-06-01 $339,500 (22.4%) $417,099 (8.2%) 0.00 95
    2019-07-01 $342,475 (24.5%) $417,328 (5.0%) 0.00 96
    2019-08-01 $305,545 (13.3%) $403,710 (1.3%) 0.00 93
    2019-09-01 $288,364 (6.8%) $388,344 (-1.4%) 0.00 89
    2019-10-01 $275,000 (1.9%) $380,313 (-4.7%) 0.00 84
    2019-11-01 $295,000 (12.8%) $413,357 (4.5%) 0.00 62
    2019-12-01 $289,750 (9.3%) $438,530 (5.7%) 0.00 53
    2020-01-01 $282,375 (-8.5%) $432,706 (2.1%) 0.00 48
    2020-02-01 $275,000 (-17.4%) $420,123 (-8.6%) 0.00 47
    2020-03-01 $307,875 (-16.4%) $438,837 (-4.6%) 0.00 54
    2020-04-01 $364,000 (-5.2%) $425,478 (-4.4%) 0.00 62
    2020-05-01 $379,000 (-2.6%) $424,752 (-4.2%) 0.00 53
    2020-06-01 $317,500 (-6.5%) $431,327 (3.4%) 0.00 50
    2020-07-01 $353,975 (3.4%) $391,297 (-6.2%) 0.00 40
    2020-08-01 $374,950 (22.7%) $429,751 (6.5%) 0.00 29
    2020-09-01 $326,964 (13.4%) $401,444 (3.4%) 0.00 26
    2020-10-01 $347,000 (26.2%) $403,286 (6.0%) 0.00 26
    2020-11-01 $324,000 (9.8%) $380,843 (-7.9%) 0.00 25
    2020-12-01 $318,225 (9.8%) $377,204 (-14.0%) 0.00 24
    2021-01-01 $311,739 (10.4%) $401,832 (-7.1%) 0.00 19
    2021-02-01 $347,125 (26.2%) $489,238 (16.5%) 0.00 12
    2021-03-01 $329,250 (6.9%) $505,169 (15.1%) 0.00 12
    2021-04-01 $368,068 (1.1%) $663,361 (55.9%) 0.00 16
    2021-05-01 $360,000 (-5.0%) $624,784 (47.1%) 0.00 32
    2021-06-01 $391,000 (23.2%) $632,639 (46.7%) 0.00 35
    2021-07-01 $435,000 (22.9%) $684,792 (75.0%) 0.00 37
    2021-08-01 $475,000 (26.7%) $683,653 (59.1%) 0.00 40
    2021-09-01 $497,000 (52.0%) $709,206 (76.7%) 0.00 35
    2021-10-01 $439,000 (26.5%) $748,928 (85.7%) 0.00 30
    2021-11-01 $469,600 (44.9%) $814,753 (113.9%) 0.00 21
    2021-12-01 $664,500 (108.8%) $940,877 (149.4%) 0.00 13
    2022-01-01 $593,500 (90.4%) $941,963 (134.4%) 0.00 13
    2022-02-01 $546,500 (57.4%) $899,904 (83.9%) 0.00 21
    2022-03-01 $593,200 (80.2%) $864,641 (71.2%) 0.00 16
    2022-04-01 $474,000 (28.8%) $738,386 (11.3%) 0.00 28
    2022-05-01 $470,475 (30.7%) $720,373 (15.3%) 0.00 36
    2022-06-01 $473,000 (21.0%) $650,583 (2.8%) 0.00 47
    2022-07-01 $467,500 (7.5%) $607,904 (-11.2%) 0.00 64
    2022-08-01 $477,000 (0.4%) $653,958 (-4.3%) 0.00 62
    2022-09-01 $489,000 (-1.6%) $676,161 (-4.7%) 0.00 58
    2022-10-01 $489,000 (11.4%) $675,206 (-9.8%) 0.00 62
    2022-11-01 $458,250 (-2.4%) $652,861 (-19.9%) 0.00 53
    2022-12-01 $474,500 (-28.6%) $724,335 (-23.0%) 0.00 45
    2023-01-01 $471,500 (-20.6%) $713,698 (-24.2%) 0.00 41
    2023-02-01 $499,750 (-8.6%) $707,309 (-21.4%) 0.00 41
    2023-03-01 $482,000 (-18.8%) $636,255 (-26.4%) 0.00 50
    2023-04-01 $485,000 (2.3%) $658,098 (-10.9%) 0.00 55
    2023-05-01 $514,000 (9.3%) $712,519 (-1.1%) 0.00 53
    2023-06-01 $515,500 (9.0%) $636,408 (-2.2%) 0.00 67
    2023-07-01 $540,000 (15.5%) $661,864 (8.9%) 0.00 74
    2023-08-01 $530,450 (11.2%) $677,317 (3.6%) 0.00 87
    2023-09-01 $485,000 (-0.8%) $644,439 (-4.7%) 0.00 83
    2023-10-01 $528,750 (8.1%) $694,931 (2.9%) 0.00 76
    2023-11-01 $537,500 (17.3%) $711,032 (8.9%) 0.00 76
    2023-12-01 $529,500 (11.6%) $725,165 (0.1%) 0.00 70
    2024-01-01 $511,500 (8.5%) $749,476 (5.0%) 0.00 57
    2024-02-01 $601,500 (20.4%) $830,917 (17.5%) 0.00 49
    2024-03-01 $587,498 (21.9%) $752,058 (18.2%) 0.00 68
    Moscow's median listing price for 2024-03-01 was $587,498, a difference of $105,498 (21.9%) versus the prior year and $-14,002 versus the prior month.

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

    Moscow's average listing price for 2024-03-01 was $752,058, a difference of $115,803 (18.2%) versus the prior year and $-78,859 versus the prior month.

    For the 2024-03-01 period, Moscow had 68 MLS listings, a difference of 19 listings (39%) versus the prior month and 18 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Moscow (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,177 sqft
    2018-02-01 0 days 2,110 sqft
    2018-03-01 0 days 1,950 sqft
    2018-04-01 0 days 2,086 sqft
    2018-05-01 0 days 2,048 sqft
    2018-06-01 0 days 2,072 sqft
    2018-07-01 0 days 2,072 sqft
    2018-08-01 0 days 2,104 sqft
    2018-09-01 0 days 2,200 sqft
    2018-10-01 0 days 2,325 sqft
    2018-11-01 0 days 2,305 sqft
    2018-12-01 0 days 2,311 sqft
    2019-01-01 0 days 2,415 sqft
    2019-02-01 0 days 2,534 sqft
    2019-03-01 0 days 2,539 sqft
    2019-04-01 0 days 2,539 sqft
    2019-05-01 0 days 2,714 sqft
    2019-06-01 0 days 2,420 sqft
    2019-07-01 0 days 2,445 sqft
    2019-08-01 0 days 2,168 sqft
    2019-09-01 0 days 2,024 sqft
    2019-10-01 0 days 1,901 sqft
    2019-11-01 0 days 1,951 sqft
    2019-12-01 0 days 2,235 sqft
    2020-01-01 0 days 2,187 sqft
    2020-02-01 0 days 1,889 sqft
    2020-03-01 0 days 2,049 sqft
    2020-04-01 0 days 2,260 sqft
    2020-05-01 0 days 2,210 sqft
    2020-06-01 0 days 1,871 sqft
    2020-07-01 0 days 2,126 sqft
    2020-08-01 0 days 2,430 sqft
    2020-09-01 0 days 1,906 sqft
    2020-10-01 0 days 2,193 sqft
    2020-11-01 0 days 1,871 sqft
    2020-12-01 0 days 1,621 sqft
    2021-01-01 0 days 1,587 sqft
    2021-02-01 0 days 1,800 sqft
    2021-03-01 0 days 1,726 sqft
    2021-04-01 0 days 1,902 sqft
    2021-05-01 0 days 1,833 sqft
    2021-06-01 0 days 1,899 sqft
    2021-07-01 0 days 2,118 sqft
    2021-08-01 0 days 2,282 sqft
    2021-09-01 0 days 2,522 sqft
    2021-10-01 0 days 2,156 sqft
    2021-11-01 0 days 2,385 sqft
    2021-12-01 0 days 2,752 sqft
    2022-01-01 0 days 2,673 sqft
    2022-02-01 0 days 2,610 sqft
    2022-03-01 0 days 2,134 sqft
    2022-04-01 0 days 2,029 sqft
    2022-05-01 0 days 2,017 sqft
    2022-06-01 0 days 2,002 sqft
    2022-07-01 0 days 1,660 sqft
    2022-08-01 0 days 2,138 sqft
    2022-09-01 0 days 2,191 sqft
    2022-10-01 0 days 2,147 sqft
    2022-11-01 0 days 2,151 sqft
    2022-12-01 0 days 2,292 sqft
    2023-01-01 0 days 2,124 sqft
    2023-02-01 0 days 2,376 sqft
    2023-03-01 0 days 2,150 sqft
    2023-04-01 0 days 2,285 sqft
    2023-05-01 0 days 2,273 sqft
    2023-06-01 0 days 2,247 sqft
    2023-07-01 0 days 2,320 sqft
    2023-08-01 0 days 2,207 sqft
    2023-09-01 0 days 2,200 sqft
    2023-10-01 0 days 2,283 sqft
    2023-11-01 0 days 2,367 sqft
    2023-12-01 0 days 2,363 sqft
    2024-01-01 0 days 1,964 sqft
    2024-02-01 0 days 2,330 sqft
    2024-03-01 0 days 2,396 sqft
    Moscow's median listing age (time on market) for 2024-03-01 was 0 days.

    Moscow's median square footage for active listings during the 2024-03-01 period was 2,396 sqft. One year prior, the average listing was 2,150 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.