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 6.81% for the week of 2025-07-11, compared to the national average (all VA variants) of 6.37% for the same period.

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

    The average rate for the prior week (2025-07-04) was 6.52% and one month ago for the week of 2025-06-06, the average rate was 6.9%.

    The average rate one year ago was 7.12%.

    For refis of the same type during the week of 2025-07-11, the average rate was 6.63%.

    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%), .

    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.