Mount Vernon VA Loan Rates, Closing Costs & Stats

MOUNT VERNON-ANACORTES, 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.

    Mount Vernon's 47 lenders originated 190 VA loans during 2024. The total origination value was $99,030,000, with an average VA loan value of $521,211.

    Mount Vernon VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Mount Vernon averaged 6.3% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Mount Vernon's average VA mortgage closing costs are $8,392.

    The average rate for the prior week (2025-03-28) was 6.42% and one month ago for the week of 2025-02-28, the average rate was 6.59%.

    The average rate one year ago was 6.7%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.49%.

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

    Mount Vernon 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 Mount Vernon level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 24 5.68% $6,847
    Mortgage Research Center, LLC 18 5.83% $7,577
    QUICKEN LOANS, LLC 15 5.96% $10,811
    FREEDOM MORTGAGE CORPORATION 12 6.46% $17,522
    CMG MORTGAGE, INC. 10 6.09% $14,394
    GUILD MORTGAGE COMPANY 9 6.24% $20,594
    CORNERSTONE HOME LENDING, INC. 7 6.61% $8,585
    MOVEMENT MORTGAGE, LLC 7 6.38% $8,250
    ENVOY MORTGAGE, LTD 7 5.80% $11,728
    CROSSCOUNTRY MORTGAGE, LLC 6 6.43% $8,332
    NAVY FEDERAL CREDIT UNION 5 6.05% $8,993
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 6.15% $15,317
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 5 6.50% $12,686
    PENNYMAC LOAN SERVICES, LLC 4 5.84% $16,520
    NEWREZ LLC 3 5.71% $17,031
    NBKC BANK 2 5.56% $18,268
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.44% $12,869
    The Federal Savings Bank 2 6.44% $15,319
    ON Q FINANCIAL, INC. 2 5.87% $12,189
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.13% $5,131
    WHATCOM EDUCATIONAL CREDIT UNION 2 5.81% $6,465
    PLANET HOME LENDING, LLC 2 4.37% $4,801
    PENTAGON FEDERAL CREDIT UNION 2 5.44% $0
    BROKER SOLUTIONS, INC. 2 6.88% $16,376
    NATIONS DIRECT MORTGAGE, LLC 1 6.75% $8,630
    Alaska USA Federal Credit Union 1 6.25% $5,450
    NFM, INC. 1 5.75% $7,191
    Paramount Residential Mortgage Group, Inc. 1 6.75% $8,020
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.99% $13,692
    Barrington Bank & Trust Company, N.A. 1 6.25% $8,490
    SCENIC OAKS FUNDING, INC. 1 6.25% $4,933
    SUN WEST MORTGAGE COMPANY, INC. 1 5.38% $39,442
    Umpqua Bank 1 5.75% $9,724
    Banner Bank 1 6.25% $4,602
    VILLAGE CAPITAL MORTGAGE 1 5.25% $1,328
    FIRST COLONY MORTGAGE CORPORATION 1 5.75% $1,762
    ZILLOW HOME LOANS, LLC 1 6.13% $10,616
    First Federal Bank 1 5.25% $3,097
    GoPrime Mortgage, Inc. 1 5.63% $11,717
    DIRECTORS MORTGAGE, INC. 1 6.50% $24,222
    JPMorgan Chase Bank 1 5.99% $3,296
    LOANDEPOT.COM, LLC 1 6.63% $4,586
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.49% $27,808
    Mid-Continent Funding, Inc. 1 5.75% $7,073
    MORIA DEVELOPMENT, INC. 1 6.63% $11,541
    DAS Acquisition Company, LLC 1 7.25% $0
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $19,896

    The top Mount Vernon VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 24 VA loans originated. Their average total fees are $6,847, which is $729 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Mount Vernon VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($6,847), Mortgage Research Center, LLC ($7,577), QUICKEN LOANS, LLC ($10,811), CMG MORTGAGE, INC. ($14,394) and FREEDOM MORTGAGE CORPORATION ($17,522).

    The lowest rate Mount Vernon VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.68%), Mortgage Research Center, LLC (5.83%), QUICKEN LOANS, LLC (5.96%), CMG MORTGAGE, INC. (6.09%) and FREEDOM MORTGAGE CORPORATION (6.46%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Mount Vernon (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 $399,500 (11.1%) $617,046 (18.4%) 0.00 275
    2018-02-01 $418,588 (14.5%) $629,984 (20.9%) 0.00 266
    2018-03-01 $437,000 (20.2%) $648,294 (25.3%) 0.00 264
    2018-04-01 $468,750 (25.0%) $662,821 (23.3%) 0.00 287
    2018-05-01 $468,430 (22.5%) $637,518 (16.8%) 0.00 344
    2018-06-01 $475,000 (12.1%) $651,033 (9.5%) 0.00 368
    2018-07-01 $497,000 (22.7%) $655,852 (12.4%) 0.00 382
    2018-08-01 $476,975 (16.0%) $632,946 (9.8%) 0.00 443
    2018-09-01 $465,000 (11.3%) $621,670 (9.1%) 0.00 462
    2018-10-01 $454,400 (9.2%) $607,515 (5.6%) 0.00 448
    2018-11-01 $446,750 (7.2%) $602,980 (2.9%) 0.00 407
    2018-12-01 $439,925 (9.3%) $613,891 (1.1%) 0.00 360
    2019-01-01 $439,475 (10.0%) $633,036 (2.6%) 0.00 313
    2019-02-01 $487,500 (16.5%) $659,151 (4.6%) 0.00 285
    2019-03-01 $483,193 (10.6%) $645,379 (-0.5%) 0.00 307
    2019-04-01 $478,168 (2.0%) $632,152 (-4.6%) 0.00 334
    2019-05-01 $460,000 (-1.8%) $654,299 (2.6%) 0.00 365
    2019-06-01 $439,000 (-7.6%) $638,758 (-1.9%) 0.00 412
    2019-07-01 $426,000 (-14.3%) $620,541 (-5.4%) 0.00 436
    2019-08-01 $426,455 (-10.6%) $615,690 (-2.7%) 0.00 440
    2019-09-01 $425,636 (-8.5%) $605,806 (-2.6%) 0.00 432
    2019-10-01 $422,500 (-7.0%) $599,217 (-1.4%) 0.00 424
    2019-11-01 $430,000 (-3.8%) $617,073 (2.3%) 0.00 363
    2019-12-01 $442,000 (0.5%) $622,372 (1.4%) 0.00 311
    2020-01-01 $447,750 (1.9%) $624,371 (-1.4%) 0.00 267
    2020-02-01 $441,900 (-9.4%) $609,863 (-7.5%) 0.00 262
    2020-03-01 $462,450 (-4.3%) $626,081 (-3.0%) 0.00 281
    2020-04-01 $487,000 (1.9%) $647,945 (2.5%) 0.00 298
    2020-05-01 $464,200 (0.9%) $628,137 (-4.0%) 0.00 317
    2020-06-01 $462,000 (5.2%) $624,596 (-2.2%) 0.00 296
    2020-07-01 $484,700 (13.8%) $647,296 (4.3%) 0.00 275
    2020-08-01 $499,000 (17.0%) $660,109 (7.2%) 0.00 267
    2020-09-01 $491,475 (15.5%) $662,279 (9.3%) 0.00 271
    2020-10-01 $489,000 (15.7%) $673,631 (12.4%) 0.00 225
    2020-11-01 $512,000 (19.1%) $697,824 (13.1%) 0.00 137
    2020-12-01 $545,500 (23.4%) $738,683 (18.7%) 0.00 113
    2021-01-01 $528,000 (17.9%) $712,109 (14.1%) 0.00 98
    2021-02-01 $517,500 (17.1%) $757,225 (24.2%) 0.00 92
    2021-03-01 $497,000 (7.5%) $709,657 (13.4%) 0.00 99
    2021-04-01 $524,500 (7.7%) $732,553 (13.1%) 0.00 114
    2021-05-01 $565,000 (21.7%) $764,799 (21.8%) 0.00 122
    2021-06-01 $562,438 (21.7%) $776,874 (24.4%) 0.00 130
    2021-07-01 $597,000 (23.2%) $835,148 (29.0%) 0.00 146
    2021-08-01 $594,063 (19.1%) $806,859 (22.2%) 0.00 163
    2021-09-01 $599,000 (21.9%) $786,470 (18.8%) 0.00 175
    2021-10-01 $599,900 (22.7%) $794,789 (18.0%) 0.00 172
    2021-11-01 $599,900 (17.2%) $791,399 (13.4%) 0.00 127
    2021-12-01 $600,450 (10.1%) $809,042 (9.5%) 0.00 113
    2022-01-01 $575,000 (8.9%) $839,594 (17.9%) 0.00 89
    2022-02-01 $584,750 (13.0%) $814,246 (7.5%) 0.00 96
    2022-03-01 $599,938 (20.7%) $796,352 (12.2%) 0.00 106
    2022-04-01 $622,500 (18.7%) $863,287 (17.9%) 0.00 134
    2022-05-01 $619,999 (9.7%) $840,030 (9.8%) 0.00 170
    2022-06-01 $621,500 (10.5%) $828,107 (6.6%) 0.00 211
    2022-07-01 $600,000 (0.5%) $781,727 (-6.4%) 0.00 265
    2022-08-01 $599,925 (1.0%) $763,318 (-5.4%) 0.00 304
    2022-09-01 $612,500 (2.3%) $760,796 (-3.3%) 0.00 302
    2022-10-01 $632,500 (5.4%) $767,767 (-3.4%) 0.00 280
    2022-11-01 $637,500 (6.3%) $760,825 (-3.9%) 0.00 266
    2022-12-01 $616,875 (2.7%) $751,453 (-7.1%) 0.00 226
    2023-01-01 $596,850 (3.8%) $728,909 (-13.2%) 0.00 189
    2023-02-01 $604,325 (3.4%) $756,493 (-7.1%) 0.00 161
    2023-03-01 $616,725 (2.8%) $780,151 (-2.0%) 0.00 145
    2023-04-01 $657,250 (5.6%) $833,902 (-3.4%) 0.00 168
    2023-05-01 $647,000 (4.4%) $816,211 (-2.8%) 0.00 184
    2023-06-01 $633,750 (2.0%) $879,067 (6.2%) 0.00 203
    2023-07-01 $698,000 (16.3%) $924,522 (18.3%) 0.00 205
    2023-08-01 $696,250 (16.1%) $923,509 (21.0%) 0.00 221
    2023-09-01 $708,000 (15.6%) $958,411 (26.0%) 0.00 232
    2023-10-01 $726,750 (14.9%) $963,327 (25.5%) 0.00 238
    2023-11-01 $699,900 (9.8%) $949,109 (24.8%) 0.00 218
    2023-12-01 $675,000 (9.4%) $875,928 (16.6%) 0.00 185
    2024-01-01 $679,975 (13.9%) $904,495 (24.1%) 0.00 149
    2024-02-01 $669,963 (10.9%) $947,932 (25.3%) 0.00 138
    2024-03-01 $657,450 (6.6%) $930,511 (19.3%) 0.00 160
    2024-04-01 $651,225 (-0.9%) $918,099 (10.1%) 0.00 206
    2024-05-01 $686,250 (6.1%) $893,692 (9.5%) 0.00 295
    2024-06-01 $699,900 (10.4%) $906,085 (3.1%) 0.00 297
    2024-07-01 $699,975 (0.3%) $900,982 (-2.6%) 0.00 299
    2024-08-01 $699,000 (0.4%) $897,708 (-2.8%) 0.00 306
    2024-09-01 $699,000 (-1.3%) $887,376 (-7.4%) 0.00 315
    2024-10-01 $699,000 (-3.8%) $877,452 (-8.9%) 0.00 299
    2024-11-01 $675,000 (-3.6%) $819,619 (-13.6%) 0.00 277
    2024-12-01 $671,975 (-0.5%) $816,156 (-6.8%) 0.00 226
    2025-01-01 $677,975 (-0.3%) $813,911 (-10.0%) 0.00 195
    2025-02-01 $678,913 (1.3%) $793,843 (-16.3%) 0.00 192
    2025-03-01 $677,500 (3.1%) $807,542 (-13.2%) 0.00 199
    Mount Vernon's median listing price for 2025-03-01 was $677,500, a difference of $20,050 (3.1%) versus the prior year and $-1,413 versus the prior month.

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

    Mount Vernon's average listing price for 2025-03-01 was $807,542, a difference of $-122,969 (-13.2%) versus the prior year and $13,699 versus the prior month.

    For the 2025-03-01 period, Mount Vernon had 199 MLS listings, a difference of 7 listings (4%) versus the prior month and 39 listings (24%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Mount Vernon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,036 sqft
    2018-02-01 0 days 2,094 sqft
    2018-03-01 0 days 2,068 sqft
    2018-04-01 0 days 2,151 sqft
    2018-05-01 0 days 2,134 sqft
    2018-06-01 0 days 2,160 sqft
    2018-07-01 0 days 2,167 sqft
    2018-08-01 0 days 2,094 sqft
    2018-09-01 0 days 2,039 sqft
    2018-10-01 0 days 2,007 sqft
    2018-11-01 0 days 2,005 sqft
    2018-12-01 0 days 2,008 sqft
    2019-01-01 0 days 2,030 sqft
    2019-02-01 0 days 2,104 sqft
    2019-03-01 0 days 2,058 sqft
    2019-04-01 0 days 2,008 sqft
    2019-05-01 0 days 1,979 sqft
    2019-06-01 0 days 1,914 sqft
    2019-07-01 0 days 1,899 sqft
    2019-08-01 0 days 1,891 sqft
    2019-09-01 0 days 1,880 sqft
    2019-10-01 0 days 1,880 sqft
    2019-11-01 0 days 1,920 sqft
    2019-12-01 0 days 1,918 sqft
    2020-01-01 0 days 1,920 sqft
    2020-02-01 0 days 1,897 sqft
    2020-03-01 0 days 1,919 sqft
    2020-04-01 0 days 1,980 sqft
    2020-05-01 0 days 1,907 sqft
    2020-06-01 0 days 1,920 sqft
    2020-07-01 0 days 1,934 sqft
    2020-08-01 0 days 1,933 sqft
    2020-09-01 0 days 1,897 sqft
    2020-10-01 0 days 1,924 sqft
    2020-11-01 0 days 1,886 sqft
    2020-12-01 0 days 2,005 sqft
    2021-01-01 0 days 1,948 sqft
    2021-02-01 0 days 1,847 sqft
    2021-03-01 0 days 1,789 sqft
    2021-04-01 0 days 1,816 sqft
    2021-05-01 0 days 1,888 sqft
    2021-06-01 0 days 1,866 sqft
    2021-07-01 0 days 2,016 sqft
    2021-08-01 0 days 2,025 sqft
    2021-09-01 0 days 2,013 sqft
    2021-10-01 0 days 1,966 sqft
    2021-11-01 0 days 1,946 sqft
    2021-12-01 0 days 1,904 sqft
    2022-01-01 0 days 1,871 sqft
    2022-02-01 0 days 1,800 sqft
    2022-03-01 0 days 1,801 sqft
    2022-04-01 0 days 1,809 sqft
    2022-05-01 0 days 1,850 sqft
    2022-06-01 0 days 1,913 sqft
    2022-07-01 0 days 1,929 sqft
    2022-08-01 0 days 1,910 sqft
    2022-09-01 0 days 1,880 sqft
    2022-10-01 0 days 1,949 sqft
    2022-11-01 0 days 1,955 sqft
    2022-12-01 0 days 1,942 sqft
    2023-01-01 0 days 1,936 sqft
    2023-02-01 0 days 1,974 sqft
    2023-03-01 0 days 2,020 sqft
    2023-04-01 0 days 2,128 sqft
    2023-05-01 0 days 1,930 sqft
    2023-06-01 0 days 1,959 sqft
    2023-07-01 0 days 2,001 sqft
    2023-08-01 0 days 2,066 sqft
    2023-09-01 0 days 2,014 sqft
    2023-10-01 0 days 2,116 sqft
    2023-11-01 0 days 2,065 sqft
    2023-12-01 0 days 2,020 sqft
    2024-01-01 0 days 2,211 sqft
    2024-02-01 0 days 2,218 sqft
    2024-03-01 0 days 2,058 sqft
    2024-04-01 0 days 1,988 sqft
    2024-05-01 0 days 1,955 sqft
    2024-06-01 0 days 1,954 sqft
    2024-07-01 0 days 1,997 sqft
    2024-08-01 0 days 1,996 sqft
    2024-09-01 0 days 1,968 sqft
    2024-10-01 0 days 1,956 sqft
    2024-11-01 0 days 1,960 sqft
    2024-12-01 0 days 1,974 sqft
    2025-01-01 0 days 2,001 sqft
    2025-02-01 0 days 1,942 sqft
    2025-03-01 0 days 1,932 sqft
    Mount Vernon's median listing age (time on market) for 2025-03-01 was 0 days.

    Mount Vernon's median square footage for active listings during the 2025-03-01 period was 1,932 sqft. One year prior, the average listing was 2,058 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.