Natchitoches VA Loan Rates, Closing Costs & Stats

Natchitoches, LA

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.

Natchitoches's 15 lenders originated 25 VA loans during 2023. The total origination value was $6,855,000, with an average VA loan value of $274,200.

Natchitoches VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Natchitoches averaged 0.52% for the week of 2024-11-29, compared to the national average (all VA variants) of 0% for the same period.

Natchitoches's average VA mortgage closing costs are $5,358.

The average rate for the prior week (2024-11-22) was 6.69% and one month ago for the week of 2024-10-25, the average rate was 6.29%.

The average rate one year ago was 7.33%.

For refis of the same type during the week of 2024-11-29, the average rate was 0%.

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

Natchitoches 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 Natchitoches level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 5 6.08% $8,924
Mortgage Research Center, LLC 3 6.96% $7,621
GMFS LLC 3 7.25% $1,292
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.50% $7,590
NEWREZ LLC 2 6.69% $7,848
NEW DAY FINANCIAL, LLC 1 5.99% $9,729
PENNYMAC LOAN SERVICES, LLC 1 5.63% $8,094
Plains Commerce Bank 1 6.13% $6,397
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.75% $1,614
Barrington Bank & Trust Company, N.A. 1 6.25% $8,165
TOP FLITE FINANCIAL, INC. 1 7.00% $16,351
BROKER SOLUTIONS, INC. 1 6.00% $6,226
CALIBER HOME LOANS, INC. 1 7.25% $6,734
FREEDOM MORTGAGE CORPORATION 1 6.75% $19,646
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $0

The top Natchitoches VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 5 VA loans originated. Their average total fees are $8,924, which is $1,303 higher than the next largest lender, Mortgage Research Center, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Natchitoches (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 $175,000 (-7.5%) $236,027 (9.9%) 0.00 107
2018-02-01 $176,625 (-6.6%) $236,203 (8.0%) 0.00 110
2018-03-01 $179,450 (-0.7%) $226,098 (0.1%) 0.00 110
2018-04-01 $203,125 (16.1%) $252,633 (15.0%) 0.00 122
2018-05-01 $204,375 (15.1%) $254,022 (14.8%) 0.00 132
2018-06-01 $199,000 (18.5%) $254,670 (22.6%) 0.00 146
2018-07-01 $200,950 (20.0%) $255,025 (19.3%) 0.00 146
2018-08-01 $216,225 (23.6%) $256,652 (14.6%) 0.00 145
2018-09-01 $217,450 (7.4%) $251,839 (6.4%) 0.00 147
2018-10-01 $209,975 (0.8%) $246,123 (4.2%) 0.00 147
2018-11-01 $216,675 (19.7%) $250,301 (10.4%) 0.00 139
2018-12-01 $220,000 (22.9%) $246,083 (3.8%) 0.00 139
2019-01-01 $218,725 (25.0%) $246,447 (4.4%) 0.00 138
2019-02-01 $214,450 (21.4%) $250,638 (6.1%) 0.00 136
2019-03-01 $213,821 (19.2%) $247,314 (9.4%) 0.00 147
2019-04-01 $223,875 (10.2%) $248,576 (-1.6%) 0.00 150
2019-05-01 $225,000 (10.1%) $248,016 (-2.4%) 0.00 153
2019-06-01 $228,250 (14.7%) $251,883 (-1.1%) 0.00 151
2019-07-01 $227,000 (13.0%) $257,811 (1.1%) 0.00 152
2019-08-01 $229,636 (6.2%) $260,360 (1.4%) 0.00 146
2019-09-01 $229,841 (5.7%) $260,912 (3.6%) 0.00 148
2019-10-01 $229,927 (9.5%) $260,919 (6.0%) 0.00 147
2019-11-01 $225,000 (3.8%) $252,030 (0.7%) 0.00 137
2019-12-01 $217,225 (-1.3%) $249,741 (1.5%) 0.00 135
2020-01-01 $221,250 (1.2%) $247,016 (0.2%) 0.00 126
2020-02-01 $225,000 (4.9%) $234,925 (-6.3%) 0.00 128
2020-03-01 $225,000 (5.2%) $242,073 (-2.1%) 0.00 112
2020-04-01 $225,000 (0.5%) $243,137 (-2.2%) 0.00 107
2020-05-01 $224,900 (0.0%) $242,367 (-2.3%) 0.00 107
2020-06-01 $222,125 (-2.7%) $251,252 (-0.3%) 0.00 104
2020-07-01 $202,550 (-10.8%) $239,285 (-7.2%) 0.00 98
2020-08-01 $205,775 (-10.4%) $250,416 (-3.8%) 0.00 87
2020-09-01 $224,750 (-2.2%) $259,403 (-0.6%) 0.00 89
2020-10-01 $224,750 (-2.3%) $267,514 (2.5%) 0.00 79
2020-11-01 $239,125 (6.3%) $288,346 (14.4%) 0.00 70
2020-12-01 $232,000 (6.8%) $278,447 (11.5%) 0.00 66
2021-01-01 $249,250 (12.7%) $286,728 (16.1%) 0.00 65
2021-02-01 $264,450 (17.5%) $294,786 (25.5%) 0.00 65
2021-03-01 $264,225 (17.4%) $289,996 (19.8%) 0.00 73
2021-04-01 $249,125 (10.7%) $276,768 (13.8%) 0.00 58
2021-05-01 $207,325 (-7.8%) $249,213 (2.8%) 0.00 51
2021-06-01 $209,950 (-5.5%) $243,971 (-2.9%) 0.00 41
2021-07-01 $204,750 (1.1%) $269,127 (12.5%) 0.00 44
2021-08-01 $216,100 (5.0%) $318,460 (27.2%) 0.00 50
2021-09-01 $215,000 (-4.3%) $304,864 (17.5%) 0.00 51
2021-10-01 $215,000 (-4.3%) $298,427 (11.6%) 0.00 52
2021-11-01 $212,499 (-11.1%) $286,864 (-0.5%) 0.00 57
2021-12-01 $217,000 (-6.5%) $265,670 (-4.6%) 0.00 58
2022-01-01 $186,450 (-25.2%) $235,168 (-18.0%) 0.00 50
2022-02-01 $188,675 (-28.7%) $258,892 (-12.2%) 0.00 40
2022-03-01 $219,250 (-17.0%) $286,033 (-1.4%) 0.00 42
2022-04-01 $249,000 (-0.1%) $293,956 (6.2%) 0.00 43
2022-05-01 $254,500 (22.8%) $299,414 (20.1%) 0.00 36
2022-06-01 $273,725 (30.4%) $303,884 (24.6%) 0.00 43
2022-07-01 $265,000 (29.4%) $272,282 (1.2%) 0.00 43
2022-08-01 $231,375 (7.1%) $250,102 (-21.5%) 0.00 42
2022-09-01 $226,225 (5.2%) $243,952 (-20.0%) 0.00 44
2022-10-01 $217,500 (1.2%) $239,099 (-19.9%) 0.00 43
2022-11-01 $189,999 (-10.6%) $249,872 (-12.9%) 0.00 45
2022-12-01 $210,000 (-3.2%) $252,873 (-4.8%) 0.00 49
2023-01-01 $235,375 (26.2%) $262,321 (11.6%) 0.00 53
2023-02-01 $245,875 (30.3%) $268,895 (3.9%) 0.00 50
2023-03-01 $299,400 (36.6%) $288,623 (0.9%) 0.00 50
2023-04-01 $310,000 (24.5%) $298,634 (1.6%) 0.00 54
2023-05-01 $304,450 (19.6%) $308,067 (2.9%) 0.00 59
2023-06-01 $301,900 (10.3%) $304,822 (0.3%) 0.00 60
2023-07-01 $291,375 (10.0%) $293,029 (7.6%) 0.00 71
2023-08-01 $293,250 (26.7%) $305,070 (22.0%) 0.00 82
2023-09-01 $289,900 (28.2%) $312,759 (28.2%) 0.00 93
2023-10-01 $326,950 (50.3%) $332,317 (39.0%) 0.00 87
2023-11-01 $322,450 (69.7%) $324,470 (29.9%) 0.00 94
2023-12-01 $315,000 (50.0%) $321,922 (27.3%) 0.00 94
2024-01-01 $291,375 (23.8%) $324,930 (23.9%) 0.00 95
2024-02-01 $297,450 (21.0%) $324,396 (20.6%) 0.00 86
2024-03-01 $290,000 (-3.1%) $317,297 (9.9%) 0.00 88
2024-04-01 $291,000 (-6.1%) $319,863 (7.1%) 0.00 90
2024-05-01 $297,000 (-2.5%) $314,123 (2.0%) 0.00 103
2024-06-01 $298,000 (-1.3%) $315,918 (3.6%) 0.00 110
2024-07-01 $297,500 (2.1%) $308,547 (5.3%) 0.00 108
2024-08-01 $299,500 (2.1%) $320,065 (4.9%) 0.00 99
2024-09-01 $299,000 (3.1%) $323,662 (3.5%) 0.00 89
2024-10-01 $295,000 (-9.8%) $321,693 (-3.2%) 0.00 92
Natchitoches's median listing price for 2024-10-01 was $295,000, a difference of $-31,950 (-9.8%) versus the prior year and $-4,000 versus the prior month.

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

Natchitoches's average listing price for 2024-10-01 was $321,693, a difference of $-10,624 (-3.2%) versus the prior year and $-1,969 versus the prior month.

For the 2024-10-01 period, Natchitoches had 92 MLS listings, a difference of 3 listings (3%) versus the prior month and 5 listings (6%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Natchitoches (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,993 sqft
2018-02-01 0 days 1,944 sqft
2018-03-01 0 days 1,944 sqft
2018-04-01 0 days 2,040 sqft
2018-05-01 0 days 2,008 sqft
2018-06-01 0 days 1,990 sqft
2018-07-01 0 days 1,999 sqft
2018-08-01 0 days 2,043 sqft
2018-09-01 0 days 2,074 sqft
2018-10-01 0 days 2,012 sqft
2018-11-01 0 days 2,026 sqft
2018-12-01 0 days 1,999 sqft
2019-01-01 0 days 2,001 sqft
2019-02-01 0 days 1,998 sqft
2019-03-01 0 days 2,002 sqft
2019-04-01 0 days 2,006 sqft
2019-05-01 0 days 2,005 sqft
2019-06-01 0 days 2,010 sqft
2019-07-01 0 days 2,008 sqft
2019-08-01 0 days 2,065 sqft
2019-09-01 0 days 2,070 sqft
2019-10-01 0 days 2,078 sqft
2019-11-01 0 days 2,018 sqft
2019-12-01 0 days 2,014 sqft
2020-01-01 0 days 2,019 sqft
2020-02-01 0 days 2,017 sqft
2020-03-01 0 days 2,026 sqft
2020-04-01 0 days 2,046 sqft
2020-05-01 0 days 2,010 sqft
2020-06-01 0 days 2,059 sqft
2020-07-01 0 days 1,900 sqft
2020-08-01 0 days 1,900 sqft
2020-09-01 0 days 1,998 sqft
2020-10-01 0 days 1,984 sqft
2020-11-01 0 days 2,068 sqft
2020-12-01 0 days 2,069 sqft
2021-01-01 0 days 2,117 sqft
2021-02-01 0 days 2,240 sqft
2021-03-01 0 days 2,223 sqft
2021-04-01 0 days 2,148 sqft
2021-05-01 0 days 2,083 sqft
2021-06-01 0 days 2,065 sqft
2021-07-01 0 days 1,985 sqft
2021-08-01 0 days 2,033 sqft
2021-09-01 0 days 1,945 sqft
2021-10-01 0 days 1,945 sqft
2021-11-01 0 days 1,904 sqft
2021-12-01 0 days 1,913 sqft
2022-01-01 0 days 1,834 sqft
2022-02-01 0 days 1,864 sqft
2022-03-01 0 days 1,936 sqft
2022-04-01 0 days 2,019 sqft
2022-05-01 0 days 2,156 sqft
2022-06-01 0 days 2,141 sqft
2022-07-01 0 days 2,096 sqft
2022-08-01 0 days 1,955 sqft
2022-09-01 0 days 1,865 sqft
2022-10-01 0 days 1,911 sqft
2022-11-01 0 days 1,842 sqft
2022-12-01 0 days 1,900 sqft
2023-01-01 0 days 2,024 sqft
2023-02-01 0 days 2,095 sqft
2023-03-01 0 days 2,100 sqft
2023-04-01 0 days 2,019 sqft
2023-05-01 0 days 2,000 sqft
2023-06-01 0 days 2,100 sqft
2023-07-01 0 days 2,044 sqft
2023-08-01 0 days 2,022 sqft
2023-09-01 0 days 2,051 sqft
2023-10-01 0 days 2,162 sqft
2023-11-01 0 days 2,068 sqft
2023-12-01 0 days 2,046 sqft
2024-01-01 0 days 2,038 sqft
2024-02-01 0 days 2,054 sqft
2024-03-01 0 days 2,008 sqft
2024-04-01 0 days 2,021 sqft
2024-05-01 0 days 2,021 sqft
2024-06-01 0 days 2,018 sqft
2024-07-01 0 days 2,014 sqft
2024-08-01 0 days 2,046 sqft
2024-09-01 0 days 2,082 sqft
2024-10-01 0 days 2,062 sqft
Natchitoches's median listing age (time on market) for 2024-10-01 was 0 days.

Natchitoches's median square footage for active listings during the 2024-10-01 period was 2,062 sqft. One year prior, the average listing was 2,162 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.