Moses Lake VA Loan Rates, Closing Costs & Stats

Moses Lake, WA

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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.

    Moses Lake's 36 lenders originated 139 VA loans during 2024. The total origination value was $47,825,000, with an average VA loan value of $344,065.

    Moses Lake VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Moses Lake averaged 6.5% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Moses Lake's average VA mortgage closing costs are $6,880.

    The average rate for the prior week (2025-03-28) was 6.52% and one month ago for the week of 2025-02-28, the average rate was 6.7%.

    The average rate one year ago was 6.71%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.42%.

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

    Moses Lake 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 Moses Lake level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 26 6.41% $5,240
    UNITED WHOLESALE MORTGAGE, LLC 18 5.87% $9,185
    GUILD MORTGAGE COMPANY 11 6.61% $17,402
    FREEDOM MORTGAGE CORPORATION 9 5.99% $6,552
    CMG MORTGAGE, INC. 9 5.55% $17,908
    QUICKEN LOANS, LLC 6 6.04% $9,567
    MOVEMENT MORTGAGE, LLC 6 6.46% $10,123
    LOANDEPOT.COM, LLC 4 6.15% $7,995
    PENNYMAC LOAN SERVICES, LLC 4 6.19% $10,793
    NEW DAY FINANCIAL, LLC 4 7.52% $17,747
    USAA Federal Savings Bank 3 6.04% $7,567
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 6.75% $7,282
    NAVY FEDERAL CREDIT UNION 3 6.08% $4,724
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.44% $15,414
    PLANET HOME LENDING, LLC 2 5.75% $7,250
    Glacier Bank 2 5.94% $9,755
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.31% $8,518
    LAKEVIEW LOAN SERVICING, LLC 2 6.19% $7,325
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.63% $16,820
    VILLAGE CAPITAL MORTGAGE 1 5.25% $7,924
    Alaska USA Federal Credit Union 1 5.63% $9,015
    CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $14,384
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $21,474
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.50% $16,190
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.25% $1,671
    HOMESIDE FINANCIAL, LLC 1 6.63% $32,111
    HomeStreet Bank 1 5.63% $9,628
    HORIZON 1 6.13% $5,233
    Lakeview Community Capital, LLC 1 5.50% $5,360
    MORTGAGEONE, INC. 1 6.75% $0
    NATIONS DIRECT MORTGAGE, LLC 1 6.13% $39,426
    Peoples Bank 1 6.63% $5,043
    PHH Mortgage Corporation 1 6.00% $8,548
    PREMIER LENDING, INC. 1 7.25% $18,266
    The Federal Savings Bank 1 6.25% $9,926
    1st Security Bank of Washington 1 6.25% $12,798

    The top Moses Lake VA lender as defined by loan originations is Mortgage Research Center, LLC, with 26 VA loans originated. Their average total fees are $5,240, which is $3,945 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Moses Lake VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,240), UNITED WHOLESALE MORTGAGE, LLC ($9,185), GUILD MORTGAGE COMPANY ($17,402), .

    The lowest rate Moses Lake VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.87%), Mortgage Research Center, LLC (6.41%), GUILD MORTGAGE COMPANY (6.61%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Moses Lake (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 $229,000 (5.2%) $294,699 (18.0%) 0.00 214
    2018-02-01 $238,700 (9.5%) $306,311 (21.8%) 0.00 204
    2018-03-01 $244,750 (9.2%) $312,761 (18.9%) 0.00 185
    2018-04-01 $251,625 (7.1%) $312,787 (10.4%) 0.00 203
    2018-05-01 $245,750 (2.8%) $312,124 (8.0%) 0.00 216
    2018-06-01 $259,000 (6.1%) $307,067 (4.7%) 0.00 234
    2018-07-01 $254,950 (5.9%) $308,278 (7.1%) 0.00 264
    2018-08-01 $259,450 (6.4%) $336,854 (14.7%) 0.00 278
    2018-09-01 $249,250 (3.2%) $332,645 (12.0%) 0.00 297
    2018-10-01 $249,450 (4.4%) $326,672 (8.9%) 0.00 291
    2018-11-01 $239,900 (3.0%) $319,183 (9.9%) 0.00 257
    2018-12-01 $239,000 (3.5%) $311,687 (5.9%) 0.00 248
    2019-01-01 $242,198 (5.8%) $324,053 (10.0%) 0.00 198
    2019-02-01 $250,315 (4.9%) $335,353 (9.5%) 0.00 204
    2019-03-01 $267,257 (9.2%) $350,554 (12.1%) 0.00 206
    2019-04-01 $282,782 (12.4%) $364,837 (16.6%) 0.00 217
    2019-05-01 $285,982 (16.4%) $362,057 (16.0%) 0.00 259
    2019-06-01 $286,470 (10.6%) $357,695 (16.5%) 0.00 255
    2019-07-01 $299,700 (17.6%) $377,117 (22.3%) 0.00 233
    2019-08-01 $296,336 (14.2%) $371,444 (10.3%) 0.00 247
    2019-09-01 $292,716 (17.4%) $360,235 (8.3%) 0.00 269
    2019-10-01 $292,802 (17.4%) $356,810 (9.2%) 0.00 278
    2019-11-01 $294,470 (22.8%) $362,141 (13.5%) 0.00 233
    2019-12-01 $290,070 (21.4%) $362,617 (16.3%) 0.00 206
    2020-01-01 $274,625 (13.4%) $324,633 (0.2%) 0.00 201
    2020-02-01 $280,000 (11.9%) $317,689 (-5.3%) 0.00 210
    2020-03-01 $281,500 (5.3%) $318,827 (-9.1%) 0.00 240
    2020-04-01 $288,258 (1.9%) $320,897 (-12.0%) 0.00 223
    2020-05-01 $279,950 (-2.1%) $315,497 (-12.9%) 0.00 233
    2020-06-01 $281,350 (-1.8%) $321,662 (-10.1%) 0.00 218
    2020-07-01 $276,200 (-7.8%) $323,894 (-14.1%) 0.00 214
    2020-08-01 $269,900 (-8.9%) $313,029 (-15.7%) 0.00 217
    2020-09-01 $279,625 (-4.5%) $331,816 (-7.9%) 0.00 212
    2020-10-01 $274,900 (-6.1%) $329,122 (-7.8%) 0.00 218
    2020-11-01 $298,475 (1.4%) $343,859 (-5.1%) 0.00 129
    2020-12-01 $285,000 (-1.8%) $339,971 (-6.3%) 0.00 114
    2021-01-01 $279,900 (1.9%) $338,631 (4.3%) 0.00 96
    2021-02-01 $297,500 (6.3%) $352,667 (11.0%) 0.00 82
    2021-03-01 $312,725 (11.1%) $362,703 (13.8%) 0.00 96
    2021-04-01 $319,250 (10.8%) $388,868 (21.2%) 0.00 74
    2021-05-01 $302,250 (8.0%) $373,722 (18.5%) 0.00 84
    2021-06-01 $321,475 (14.3%) $431,350 (34.1%) 0.00 102
    2021-07-01 $333,993 (20.9%) $438,116 (35.3%) 0.00 123
    2021-08-01 $329,492 (22.1%) $426,388 (36.2%) 0.00 140
    2021-09-01 $337,675 (20.8%) $437,974 (32.0%) 0.00 132
    2021-10-01 $365,000 (32.8%) $458,116 (39.2%) 0.00 133
    2021-11-01 $367,232 (23.0%) $468,371 (36.2%) 0.00 134
    2021-12-01 $368,250 (29.2%) $449,209 (32.1%) 0.00 125
    2022-01-01 $358,750 (28.2%) $459,298 (35.6%) 0.00 108
    2022-02-01 $356,706 (19.9%) $409,608 (16.2%) 0.00 103
    2022-03-01 $383,000 (22.5%) $430,800 (18.8%) 0.00 91
    2022-04-01 $387,000 (21.2%) $497,658 (28.0%) 0.00 82
    2022-05-01 $384,950 (27.4%) $482,106 (29.0%) 0.00 104
    2022-06-01 $381,500 (18.7%) $471,163 (9.2%) 0.00 141
    2022-07-01 $391,200 (17.1%) $483,300 (10.3%) 0.00 158
    2022-08-01 $387,500 (17.6%) $486,110 (14.0%) 0.00 164
    2022-09-01 $395,975 (17.3%) $479,967 (9.6%) 0.00 160
    2022-10-01 $390,000 (6.9%) $491,688 (7.3%) 0.00 178
    2022-11-01 $387,000 (5.4%) $487,176 (4.0%) 0.00 188
    2022-12-01 $389,500 (5.8%) $494,091 (10.0%) 0.00 160
    2023-01-01 $382,975 (6.8%) $480,266 (4.6%) 0.00 154
    2023-02-01 $356,040 (-0.2%) $436,901 (6.7%) 0.00 164
    2023-03-01 $372,816 (-2.7%) $460,285 (6.8%) 0.00 160
    2023-04-01 $381,381 (-1.5%) $462,687 (-7.0%) 0.00 169
    2023-05-01 $399,945 (3.9%) $488,784 (1.4%) 0.00 197
    2023-06-01 $399,995 (4.9%) $500,573 (6.2%) 0.00 203
    2023-07-01 $399,990 (2.3%) $511,354 (5.8%) 0.00 222
    2023-08-01 $412,228 (6.4%) $516,048 (6.2%) 0.00 231
    2023-09-01 $392,495 (-0.9%) $516,484 (7.6%) 0.00 215
    2023-10-01 $391,654 (0.4%) $508,100 (3.3%) 0.00 207
    2023-11-01 $412,425 (6.6%) $498,272 (2.3%) 0.00 217
    2023-12-01 $409,450 (5.1%) $489,410 (-1.0%) 0.00 195
    2024-01-01 $397,975 (3.9%) $465,348 (-3.1%) 0.00 175
    2024-02-01 $404,661 (13.7%) $469,744 (7.5%) 0.00 184
    2024-03-01 $400,000 (7.3%) $481,296 (4.6%) 0.00 185
    2024-04-01 $406,472 (6.6%) $506,350 (9.4%) 0.00 217
    2024-05-01 $417,500 (4.4%) $505,316 (3.4%) 0.00 251
    2024-06-01 $464,900 (16.2%) $528,433 (5.6%) 0.00 252
    2024-07-01 $461,900 (15.5%) $537,883 (5.2%) 0.00 283
    2024-08-01 $444,375 (7.8%) $513,278 (-0.5%) 0.00 322
    2024-09-01 $446,713 (13.8%) $507,601 (-1.7%) 0.00 330
    2024-10-01 $441,675 (12.8%) $506,547 (-0.3%) 0.00 333
    2024-11-01 $425,000 (3.1%) $496,623 (-0.3%) 0.00 331
    2024-12-01 $419,257 (2.4%) $486,771 (-0.5%) 0.00 304
    2025-01-01 $407,138 (2.3%) $479,360 (3.0%) 0.00 286
    2025-02-01 $409,500 (1.2%) $476,385 (1.4%) 0.00 289
    2025-03-01 $406,495 (1.6%) $467,815 (-2.8%) 0.00 307
    Moses Lake's median listing price for 2025-03-01 was $406,495, a difference of $6,495 (1.6%) versus the prior year and $-3,005 versus the prior month.

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

    Moses Lake's average listing price for 2025-03-01 was $467,815, a difference of $-13,481 (-2.8%) versus the prior year and $-8,570 versus the prior month.

    For the 2025-03-01 period, Moses Lake had 307 MLS listings, a difference of 18 listings (6%) versus the prior month and 122 listings (66%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Moses Lake (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,805 sqft
    2018-02-01 0 days 1,824 sqft
    2018-03-01 0 days 1,890 sqft
    2018-04-01 0 days 1,862 sqft
    2018-05-01 0 days 1,828 sqft
    2018-06-01 0 days 1,822 sqft
    2018-07-01 0 days 1,783 sqft
    2018-08-01 0 days 1,819 sqft
    2018-09-01 0 days 1,805 sqft
    2018-10-01 0 days 1,813 sqft
    2018-11-01 0 days 1,785 sqft
    2018-12-01 0 days 1,784 sqft
    2019-01-01 0 days 1,807 sqft
    2019-02-01 0 days 1,798 sqft
    2019-03-01 0 days 1,804 sqft
    2019-04-01 0 days 1,813 sqft
    2019-05-01 0 days 1,788 sqft
    2019-06-01 0 days 1,792 sqft
    2019-07-01 0 days 1,846 sqft
    2019-08-01 0 days 1,856 sqft
    2019-09-01 0 days 1,857 sqft
    2019-10-01 0 days 1,858 sqft
    2019-11-01 0 days 1,918 sqft
    2019-12-01 0 days 1,854 sqft
    2020-01-01 0 days 1,788 sqft
    2020-02-01 0 days 1,744 sqft
    2020-03-01 0 days 1,656 sqft
    2020-04-01 0 days 1,674 sqft
    2020-05-01 0 days 1,660 sqft
    2020-06-01 0 days 1,656 sqft
    2020-07-01 0 days 1,669 sqft
    2020-08-01 0 days 1,599 sqft
    2020-09-01 0 days 1,621 sqft
    2020-10-01 0 days 1,623 sqft
    2020-11-01 0 days 1,691 sqft
    2020-12-01 0 days 1,665 sqft
    2021-01-01 0 days 1,578 sqft
    2021-02-01 0 days 1,568 sqft
    2021-03-01 0 days 1,581 sqft
    2021-04-01 0 days 1,596 sqft
    2021-05-01 0 days 1,588 sqft
    2021-06-01 0 days 1,656 sqft
    2021-07-01 0 days 1,728 sqft
    2021-08-01 0 days 1,694 sqft
    2021-09-01 0 days 1,707 sqft
    2021-10-01 0 days 1,798 sqft
    2021-11-01 0 days 1,793 sqft
    2021-12-01 0 days 1,778 sqft
    2022-01-01 0 days 1,795 sqft
    2022-02-01 0 days 1,738 sqft
    2022-03-01 0 days 1,745 sqft
    2022-04-01 0 days 1,797 sqft
    2022-05-01 0 days 1,764 sqft
    2022-06-01 0 days 1,707 sqft
    2022-07-01 0 days 1,682 sqft
    2022-08-01 0 days 1,691 sqft
    2022-09-01 0 days 1,766 sqft
    2022-10-01 0 days 1,752 sqft
    2022-11-01 0 days 1,726 sqft
    2022-12-01 0 days 1,685 sqft
    2023-01-01 0 days 1,614 sqft
    2023-02-01 0 days 1,549 sqft
    2023-03-01 0 days 1,559 sqft
    2023-04-01 0 days 1,603 sqft
    2023-05-01 0 days 1,645 sqft
    2023-06-01 0 days 1,717 sqft
    2023-07-01 0 days 1,742 sqft
    2023-08-01 0 days 1,736 sqft
    2023-09-01 0 days 1,683 sqft
    2023-10-01 0 days 1,712 sqft
    2023-11-01 0 days 1,743 sqft
    2023-12-01 0 days 1,741 sqft
    2024-01-01 0 days 1,696 sqft
    2024-02-01 0 days 1,739 sqft
    2024-03-01 0 days 1,724 sqft
    2024-04-01 0 days 1,744 sqft
    2024-05-01 0 days 1,747 sqft
    2024-06-01 0 days 1,785 sqft
    2024-07-01 0 days 1,802 sqft
    2024-08-01 0 days 1,755 sqft
    2024-09-01 0 days 1,791 sqft
    2024-10-01 0 days 1,787 sqft
    2024-11-01 0 days 1,746 sqft
    2024-12-01 0 days 1,674 sqft
    2025-01-01 0 days 1,644 sqft
    2025-02-01 0 days 1,651 sqft
    2025-03-01 0 days 1,680 sqft
    Moses Lake's median listing age (time on market) for 2025-03-01 was 0 days.

    Moses Lake's median square footage for active listings during the 2025-03-01 period was 1,680 sqft. One year prior, the average listing was 1,724 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.