North Platte VA Loan Rates, Closing Costs & Stats
North Platte, NE
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.
North Platte's 15 lenders originated 33 VA loans during 2023. The total origination value was $7,385,000, with an average VA loan value of $223,788.
North Platte VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in North Platte
averaged
7.03%
for the week of 2024-04-19, compared to the national average (all VA variants) of
6.758% for the same period.
North Platte's average VA mortgage closing costs are $5,296.
The average rate for the prior week (2024-04-12) was
6.56% and
one month ago for the week of 2024-03-15, the
average rate was 6.52%.
The average rate one year ago was 6.01%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
North Platte 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 North Platte level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Mortgage Research Center, LLC | 11 | 6.58% | $6,051 |
| QUICKEN LOANS, LLC | 5 | 6.42% | $8,982 |
| NEW DAY FINANCIAL, LLC | 3 | 7.58% | $7,352 |
| First State Bank | 2 | 6.94% | $8,652 |
| FREEDOM MORTGAGE CORPORATION | 1 | 6.25% | $26,932 |
| GENEVA FINANCIAL, LLC | 1 | 7.00% | $4,030 |
| LOANDEPOT.COM, LLC | 1 | 5.63% | $10,062 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 7.25% | $12,874 |
| The Federal Savings Bank | 1 | 7.25% | $5,234 |
| USAA Federal Savings Bank | 1 | 5.75% | $10,230 |
| Adams Bank & Trust | 1 | 7.63% | $4,608 |
| West Gate Bank | 1 | 7.13% | $7,541 |
| CHARTER WEST BANK | 1 | 6.13% | $2,670 |
| CHURCHILL MORTGAGE CORPORATION | 1 | 6.25% | $27,036 |
| First National Bank of Omaha | 1 | 6.50% | $10,119 |
The top North Platte VA lender as defined by loan originations is Mortgage Research Center, LLC, with
11 VA loans originated. Their average total fees are
$6,051, which is $2,931
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee North Platte VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($6,051), .
The lowest rate North Platte VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.58%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - North Platte (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 | $158,700 (2.9%) | $189,683 (5.1%) | 0.00 | 110 |
| 2018-02-01 | $154,900 (-8.1%) | $191,011 (0.9%) | 0.00 | 106 |
| 2018-03-01 | $165,000 (15.1%) | $198,323 (6.3%) | 0.00 | 97 |
| 2018-04-01 | $165,000 (10.4%) | $201,874 (2.3%) | 0.00 | 98 |
| 2018-05-01 | $169,450 (2.7%) | $206,827 (4.1%) | 0.00 | 110 |
| 2018-06-01 | $185,000 (5.2%) | $212,555 (0.0%) | 0.00 | 119 |
| 2018-07-01 | $189,125 (9.3%) | $217,154 (7.0%) | 0.00 | 118 |
| 2018-08-01 | $174,500 (5.5%) | $200,196 (2.5%) | 0.00 | 117 |
| 2018-09-01 | $165,000 (8.6%) | $185,174 (0.4%) | 0.00 | 114 |
| 2018-10-01 | $162,450 (7.6%) | $188,727 (2.3%) | 0.00 | 110 |
| 2018-11-01 | $159,900 (-3.1%) | $186,586 (-3.7%) | 0.00 | 114 |
| 2018-12-01 | $159,500 (-0.3%) | $183,270 (-5.4%) | 0.00 | 114 |
| 2019-01-01 | $159,500 (0.5%) | $185,391 (-2.3%) | 0.00 | 112 |
| 2019-02-01 | $165,975 (7.2%) | $190,567 (-0.2%) | 0.00 | 108 |
| 2019-03-01 | $176,100 (6.7%) | $192,404 (-3.0%) | 0.00 | 108 |
| 2019-04-01 | $173,850 (5.4%) | $195,123 (-3.3%) | 0.00 | 108 |
| 2019-05-01 | $185,000 (9.2%) | $209,387 (1.2%) | 0.00 | 110 |
| 2019-06-01 | $190,000 (2.7%) | $206,596 (-2.8%) | 0.00 | 139 |
| 2019-07-01 | $173,700 (-8.2%) | $198,148 (-8.8%) | 0.00 | 154 |
| 2019-08-01 | $172,686 (-1.0%) | $192,830 (-3.7%) | 0.00 | 171 |
| 2019-09-01 | $182,341 (10.5%) | $193,261 (4.4%) | 0.00 | 184 |
| 2019-10-01 | $189,925 (16.9%) | $193,793 (2.7%) | 0.00 | 196 |
| 2019-11-01 | $190,000 (18.8%) | $193,512 (3.7%) | 0.00 | 177 |
| 2019-12-01 | $188,625 (18.3%) | $192,241 (4.9%) | 0.00 | 165 |
| 2020-01-01 | $187,625 (17.6%) | $192,300 (3.7%) | 0.00 | 146 |
| 2020-02-01 | $179,500 (8.2%) | $186,256 (-2.3%) | 0.00 | 132 |
| 2020-03-01 | $181,225 (2.9%) | $197,578 (2.7%) | 0.00 | 136 |
| 2020-04-01 | $179,350 (3.2%) | $196,867 (0.9%) | 0.00 | 142 |
| 2020-05-01 | $182,950 (-1.1%) | $197,036 (-5.9%) | 0.00 | 138 |
| 2020-06-01 | $179,000 (-5.8%) | $193,208 (-6.5%) | 0.00 | 129 |
| 2020-07-01 | $184,000 (5.9%) | $195,233 (-1.5%) | 0.00 | 113 |
| 2020-08-01 | $159,900 (-7.4%) | $182,044 (-5.6%) | 0.00 | 109 |
| 2020-09-01 | $149,900 (-17.8%) | $187,464 (-3.0%) | 0.00 | 109 |
| 2020-10-01 | $145,000 (-23.7%) | $178,522 (-7.9%) | 0.00 | 117 |
| 2020-11-01 | $127,500 (-32.9%) | $170,174 (-12.1%) | 0.00 | 109 |
| 2020-12-01 | $128,675 (-31.8%) | $166,050 (-13.6%) | 0.00 | 95 |
| 2021-01-01 | $119,900 (-36.1%) | $154,881 (-19.5%) | 0.00 | 86 |
| 2021-02-01 | $119,900 (-33.2%) | $155,548 (-16.5%) | 0.00 | 62 |
| 2021-03-01 | $118,500 (-34.6%) | $171,825 (-13.0%) | 0.00 | 43 |
| 2021-04-01 | $139,175 (-22.4%) | $190,989 (-3.0%) | 0.00 | 32 |
| 2021-05-01 | $126,900 (-30.6%) | $175,135 (-11.1%) | 0.00 | 36 |
| 2021-06-01 | $162,425 (-9.3%) | $197,948 (2.5%) | 0.00 | 34 |
| 2021-07-01 | $175,000 (-4.9%) | $199,925 (2.4%) | 0.00 | 53 |
| 2021-08-01 | $178,475 (11.6%) | $190,798 (4.8%) | 0.00 | 57 |
| 2021-09-01 | $167,925 (12.0%) | $195,490 (4.3%) | 0.00 | 48 |
| 2021-10-01 | $160,000 (10.3%) | $207,721 (16.4%) | 0.00 | 49 |
| 2021-11-01 | $177,150 (38.9%) | $223,279 (31.2%) | 0.00 | 41 |
| 2021-12-01 | $144,900 (12.6%) | $200,376 (20.7%) | 0.00 | 34 |
| 2022-01-01 | $142,450 (18.8%) | $214,776 (38.7%) | 0.00 | 32 |
| 2022-02-01 | $146,975 (22.6%) | $224,097 (44.1%) | 0.00 | 31 |
| 2022-03-01 | $151,450 (27.8%) | $260,731 (51.7%) | 0.00 | 32 |
| 2022-04-01 | $251,500 (80.7%) | $299,371 (56.8%) | 0.00 | 35 |
| 2022-05-01 | $363,500 (186.5%) | $362,153 (106.8%) | 0.00 | 28 |
| 2022-06-01 | $346,250 (113.2%) | $362,899 (83.3%) | 0.00 | 33 |
| 2022-07-01 | $251,950 (44.0%) | $312,000 (56.1%) | 0.00 | 44 |
| 2022-08-01 | $248,675 (39.3%) | $306,860 (60.8%) | 0.00 | 47 |
| 2022-09-01 | $227,750 (35.6%) | $318,430 (62.9%) | 0.00 | 47 |
| 2022-10-01 | $215,000 (34.4%) | $307,853 (48.2%) | 0.00 | 54 |
| 2022-11-01 | $267,500 (51.0%) | $291,143 (30.4%) | 0.00 | 71 |
| 2022-12-01 | $240,000 (65.6%) | $280,622 (40.1%) | 0.00 | 74 |
| 2023-01-01 | $240,000 (68.5%) | $288,273 (34.2%) | 0.00 | 66 |
| 2023-02-01 | $278,000 (89.2%) | $309,323 (38.0%) | 0.00 | 50 |
| 2023-03-01 | $292,000 (92.8%) | $316,440 (21.4%) | 0.00 | 43 |
| 2023-04-01 | $284,500 (13.1%) | $299,812 (0.2%) | 0.00 | 41 |
| 2023-05-01 | $283,000 (-22.2%) | $317,351 (-12.4%) | 0.00 | 43 |
| 2023-06-01 | $254,188 (-26.6%) | $297,138 (-18.1%) | 0.00 | 41 |
| 2023-07-01 | $269,900 (7.1%) | $312,714 (0.2%) | 0.00 | 61 |
| 2023-08-01 | $249,500 (0.3%) | $309,829 (1.0%) | 0.00 | 70 |
| 2023-09-01 | $245,000 (7.6%) | $298,064 (-6.4%) | 0.00 | 67 |
| 2023-10-01 | $238,750 (11.1%) | $290,556 (-5.6%) | 0.00 | 71 |
| 2023-11-01 | $219,000 (-18.1%) | $297,227 (2.1%) | 0.00 | 77 |
| 2023-12-01 | $225,000 (-6.3%) | $291,749 (4.0%) | 0.00 | 68 |
| 2024-01-01 | $231,000 (-3.8%) | $311,049 (7.9%) | 0.00 | 62 |
| 2024-02-01 | $252,688 (-9.1%) | $323,646 (4.6%) | 0.00 | 49 |
| 2024-03-01 | $258,700 (-11.4%) | $331,597 (4.8%) | 0.00 | 53 |
North Platte's median listing price comes in at 0% of the national average.
North Platte's average listing price for 2024-03-01 was $331,597, a difference of $15,157 (4.8%) versus the prior year and $7,951 versus the prior month.
For the 2024-03-01 period, North Platte had 53 MLS listings, a difference of 4 listings (8%) versus the prior month and 10 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - North Platte (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,774 sqft |
| 2018-02-01 | 0 days | 1,893 sqft |
| 2018-03-01 | 0 days | 1,920 sqft |
| 2018-04-01 | 0 days | 1,979 sqft |
| 2018-05-01 | 0 days | 2,049 sqft |
| 2018-06-01 | 0 days | 2,064 sqft |
| 2018-07-01 | 0 days | 2,108 sqft |
| 2018-08-01 | 0 days | 2,005 sqft |
| 2018-09-01 | 0 days | 1,964 sqft |
| 2018-10-01 | 0 days | 1,908 sqft |
| 2018-11-01 | 0 days | 1,845 sqft |
| 2018-12-01 | 0 days | 1,902 sqft |
| 2019-01-01 | 0 days | 1,908 sqft |
| 2019-02-01 | 0 days | 1,944 sqft |
| 2019-03-01 | 0 days | 1,876 sqft |
| 2019-04-01 | 0 days | 1,789 sqft |
| 2019-05-01 | 0 days | 1,806 sqft |
| 2019-06-01 | 0 days | 1,880 sqft |
| 2019-07-01 | 0 days | 1,822 sqft |
| 2019-08-01 | 0 days | 1,763 sqft |
| 2019-09-01 | 0 days | 1,720 sqft |
| 2019-10-01 | 0 days | 1,704 sqft |
| 2019-11-01 | 0 days | 1,680 sqft |
| 2019-12-01 | 0 days | 1,679 sqft |
| 2020-01-01 | 0 days | 1,680 sqft |
| 2020-02-01 | 0 days | 1,728 sqft |
| 2020-03-01 | 0 days | 1,757 sqft |
| 2020-04-01 | 0 days | 1,761 sqft |
| 2020-05-01 | 0 days | 1,824 sqft |
| 2020-06-01 | 0 days | 1,813 sqft |
| 2020-07-01 | 0 days | 1,842 sqft |
| 2020-08-01 | 0 days | 1,824 sqft |
| 2020-09-01 | 0 days | 1,779 sqft |
| 2020-10-01 | 0 days | 1,768 sqft |
| 2020-11-01 | 0 days | 1,740 sqft |
| 2020-12-01 | 0 days | 1,704 sqft |
| 2021-01-01 | 0 days | 1,556 sqft |
| 2021-02-01 | 0 days | 1,526 sqft |
| 2021-03-01 | 0 days | 1,515 sqft |
| 2021-04-01 | 0 days | 1,623 sqft |
| 2021-05-01 | 0 days | 1,470 sqft |
| 2021-06-01 | 0 days | 1,677 sqft |
| 2021-07-01 | 0 days | 1,721 sqft |
| 2021-08-01 | 0 days | 1,711 sqft |
| 2021-09-01 | 0 days | 1,700 sqft |
| 2021-10-01 | 0 days | 1,680 sqft |
| 2021-11-01 | 0 days | 1,690 sqft |
| 2021-12-01 | 0 days | 1,326 sqft |
| 2022-01-01 | 0 days | 1,280 sqft |
| 2022-02-01 | 0 days | 1,570 sqft |
| 2022-03-01 | 0 days | 1,485 sqft |
| 2022-04-01 | 0 days | 1,608 sqft |
| 2022-05-01 | 0 days | 1,769 sqft |
| 2022-06-01 | 0 days | 1,915 sqft |
| 2022-07-01 | 0 days | 1,842 sqft |
| 2022-08-01 | 0 days | 1,581 sqft |
| 2022-09-01 | 0 days | 1,306 sqft |
| 2022-10-01 | 0 days | 1,561 sqft |
| 2022-11-01 | 0 days | 1,686 sqft |
| 2022-12-01 | 0 days | 1,620 sqft |
| 2023-01-01 | 0 days | 1,629 sqft |
| 2023-02-01 | 0 days | 1,620 sqft |
| 2023-03-01 | 0 days | 1,626 sqft |
| 2023-04-01 | 0 days | 1,904 sqft |
| 2023-05-01 | 0 days | 1,956 sqft |
| 2023-06-01 | 0 days | 1,726 sqft |
| 2023-07-01 | 0 days | 1,758 sqft |
| 2023-08-01 | 0 days | 1,782 sqft |
| 2023-09-01 | 0 days | 1,757 sqft |
| 2023-10-01 | 0 days | 1,652 sqft |
| 2023-11-01 | 0 days | 1,641 sqft |
| 2023-12-01 | 0 days | 1,580 sqft |
| 2024-01-01 | 0 days | 1,580 sqft |
| 2024-02-01 | 0 days | 1,649 sqft |
| 2024-03-01 | 0 days | 1,812 sqft |
North Platte's median square footage for active listings during the 2024-03-01 period was 1,812 sqft. One year prior, the average listing was 1,626 sqft.