Ogden VA Loan Rates, Closing Costs & Stats
OGDEN-CLEARFIELD, UT
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.
Ogden's 155 lenders originated 4,920 VA loans during 2021. The total origination value was $1,756,040,000, with an average VA loan value of $356,919.
Ogden VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Ogden
averaged
6.33%
for the week of 2022-12-02, compared to the national average (all VA variants) of
6.292% for the same period.
Ogden's average VA mortgage closing costs are $6,357.
The average rate for the prior week (2022-11-25) was
6.56% and
one month ago for the week of 2022-10-28, the
average rate was 7.15%.
The average rate one year ago was 3.53%.
For refis of the same type during the week of 2022-12-02, the average rate
was 6.16%.
Ogden 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 Ogden level.
The top Ogden VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
378 VA loans originated. Their average total fees are
$6,684, which is $811
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Ogden VA lenders (with over 10 loans originated) are
PENTAGON FEDERAL CREDIT UNION ($2,198), LAKEVIEW LOAN SERVICING, LLC ($2,217), North American Savings Bank, F.S.B. ($2,430), KS StateBank ($2,665) and FREEDOM MORTGAGE CORPORATION ($3,346).
The lowest rate Ogden VA lenders (with over 10 loans originated) are
VILLAGE CAPITAL MORTGAGE (2.23%), North American Savings Bank, F.S.B. (2.25%), KS StateBank (2.26%), BNC National Bank (2.26%) and GOLDENWEST (2.33%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Ogden (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 | $350,700 (7.9%) | $413,450 (9.9%) | 1.30 | 1,036 |
| 2018-02-01 | $366,950 (4.5%) | $439,011 (9.8%) | 1.33 | 941 |
| 2018-03-01 | $379,950 (4.0%) | $457,408 (10.0%) | 1.33 | 956 |
| 2018-04-01 | $386,200 (3.8%) | $463,257 (8.9%) | 1.31 | 1,022 |
| 2018-05-01 | $384,950 (4.2%) | $465,903 (10.7%) | 1.29 | 1,151 |
| 2018-06-01 | $384,700 (5.2%) | $466,443 (11.7%) | 1.28 | 1,266 |
| 2018-07-01 | $378,700 (8.2%) | $460,206 (13.5%) | 1.26 | 1,409 |
| 2018-08-01 | $373,250 (9.8%) | $447,646 (11.5%) | 1.25 | 1,562 |
| 2018-09-01 | $368,900 (11.6%) | $439,322 (11.7%) | 1.24 | 1,718 |
| 2018-10-01 | $364,900 (10.6%) | $440,159 (11.1%) | 1.23 | 1,720 |
| 2018-11-01 | $364,500 (9.7%) | $441,934 (11.7%) | 1.24 | 1,644 |
| 2018-12-01 | $369,925 (8.8%) | $454,460 (14.7%) | 1.28 | 1,497 |
| 2019-01-01 | $379,900 (8.3%) | $472,259 (14.2%) | 1.31 | 1,324 |
| 2019-02-01 | $384,900 (4.9%) | $476,893 (8.6%) | 1.30 | 1,253 |
| 2019-03-01 | $396,943 (4.5%) | $494,741 (8.2%) | 1.30 | 1,210 |
| 2019-04-01 | $407,495 (5.5%) | $503,726 (8.7%) | 1.29 | 1,262 |
| 2019-05-01 | $399,125 (3.7%) | $492,137 (5.6%) | 1.25 | 1,404 |
| 2019-06-01 | $390,000 (1.4%) | $485,324 (4.1%) | 1.22 | 1,476 |
| 2019-07-01 | $382,523 (1.0%) | $476,880 (3.6%) | 1.20 | 1,560 |
| 2019-08-01 | $374,535 (0.3%) | $472,708 (5.6%) | 1.19 | 1,589 |
| 2019-09-01 | $363,546 (-1.5%) | $462,380 (5.3%) | 1.16 | 1,653 |
| 2019-10-01 | $356,221 (-2.4%) | $457,828 (4.0%) | 1.15 | 1,681 |
| 2019-11-01 | $359,900 (-1.3%) | $459,491 (4.0%) | 1.18 | 1,526 |
| 2019-12-01 | $372,450 (0.7%) | $479,084 (5.4%) | 1.24 | 1,225 |
| 2020-01-01 | $387,450 (2.0%) | $525,226 (11.2%) | 1.29 | 1,012 |
| 2020-02-01 | $396,450 (3.0%) | $552,137 (15.8%) | 1.30 | 878 |
| 2020-03-01 | $399,475 (0.6%) | $566,350 (14.5%) | 1.25 | 924 |
| 2020-04-01 | $392,500 (-3.7%) | $509,961 (1.2%) | 1.23 | 1,185 |
| 2020-05-01 | $414,900 (4.0%) | $557,564 (13.3%) | 1.26 | 1,003 |
| 2020-06-01 | $439,225 (12.6%) | $603,023 (24.3%) | 1.29 | 862 |
| 2020-07-01 | $444,000 (16.1%) | $609,391 (27.8%) | 1.29 | 739 |
| 2020-08-01 | $425,000 (13.5%) | $609,969 (29.0%) | 1.22 | 619 |
| 2020-09-01 | $427,450 (17.6%) | $614,568 (32.9%) | 1.22 | 544 |
| 2020-10-01 | $434,900 (22.1%) | $653,746 (42.8%) | 1.25 | 487 |
| 2020-11-01 | $440,000 (22.3%) | $691,607 (50.5%) | 1.28 | 436 |
| 2020-12-01 | $446,225 (19.8%) | $734,875 (53.4%) | 1.33 | 347 |
| 2021-01-01 | $459,000 (18.5%) | $733,335 (39.6%) | 1.37 | 287 |
| 2021-02-01 | $453,486 (14.4%) | $761,532 (37.9%) | 1.32 | 248 |
| 2021-03-01 | $452,000 (13.2%) | $742,899 (31.2%) | 1.28 | 279 |
| 2021-04-01 | $459,950 (17.2%) | $736,585 (44.4%) | 1.25 | 284 |
| 2021-05-01 | $500,000 (20.5%) | $739,072 (32.6%) | 1.32 | 344 |
| 2021-06-01 | $487,800 (11.1%) | $696,718 (15.5%) | 1.28 | 466 |
| 2021-07-01 | $477,000 (7.4%) | $640,110 (5.0%) | 1.26 | 518 |
| 2021-08-01 | $487,250 (14.7%) | $656,294 (7.6%) | 1.30 | 616 |
| 2021-09-01 | $494,430 (15.7%) | $640,934 (4.3%) | 1.32 | 672 |
| 2021-10-01 | $485,000 (11.5%) | $617,378 (-5.6%) | 1.29 | 630 |
| 2021-11-01 | $483,853 (10.0%) | $611,348 (-11.6%) | 1.29 | 562 |
| 2021-12-01 | $497,475 (11.5%) | $632,978 (-13.9%) | 1.35 | 420 |
| 2022-01-01 | $494,950 (7.8%) | $620,529 (-15.4%) | 1.34 | 276 |
| 2022-02-01 | $527,400 (16.3%) | $667,502 (-12.4%) | 1.37 | 286 |
| 2022-03-01 | $517,750 (14.6%) | $669,957 (-9.8%) | 1.30 | 343 |
| 2022-04-01 | $567,800 (23.5%) | $693,926 (-5.8%) | 1.36 | 483 |
| 2022-05-01 | $578,950 (15.8%) | $688,442 (-6.9%) | 1.32 | 798 |
| 2022-06-01 | $582,345 (19.4%) | $679,917 (-2.4%) | 1.30 | 1,129 |
| 2022-07-01 | $559,900 (17.4%) | $637,509 (-0.4%) | 1.27 | 1,594 |
| 2022-08-01 | $543,150 (11.5%) | $630,818 (-3.9%) | 1.25 | 1,815 |
| 2022-09-01 | $532,500 (7.7%) | $625,391 (-2.4%) | 1.25 | 1,888 |
| 2022-10-01 | $525,000 (8.3%) | $615,673 (-0.3%) | 1.24 | 1,938 |
| 2022-11-01 | $519,450 (7.4%) | $607,867 (-0.6%) | 1.25 | 1,896 |
Ogden's median listing price comes in at 125% of the national average.
Ogden's average listing price for 2022-11-01 was $607,867, a difference of $-3,481 (-0.6%) versus the prior year and $-7,806 versus the prior month.
For the 2022-11-01 period, Ogden had 1,896 MLS listings, a difference of -42 listings (-2%) versus the prior month and 1,334 listings (237%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Ogden (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 59 days | 2,947 sqft |
| 2018-02-01 | 42 days | 3,037 sqft |
| 2018-03-01 | 36 days | 3,138 sqft |
| 2018-04-01 | 32 days | 3,129 sqft |
| 2018-05-01 | 30 days | 3,063 sqft |
| 2018-06-01 | 33 days | 3,063 sqft |
| 2018-07-01 | 36 days | 3,002 sqft |
| 2018-08-01 | 36 days | 2,933 sqft |
| 2018-09-01 | 36 days | 2,888 sqft |
| 2018-10-01 | 39 days | 2,857 sqft |
| 2018-11-01 | 46 days | 2,847 sqft |
| 2018-12-01 | 54 days | 2,898 sqft |
| 2019-01-01 | 64 days | 2,972 sqft |
| 2019-02-01 | 51 days | 2,996 sqft |
| 2019-03-01 | 42 days | 3,069 sqft |
| 2019-04-01 | 37 days | 3,128 sqft |
| 2019-05-01 | 31 days | 3,050 sqft |
| 2019-06-01 | 32 days | 3,000 sqft |
| 2019-07-01 | 36 days | 2,948 sqft |
| 2019-08-01 | 37 days | 2,870 sqft |
| 2019-09-01 | 38 days | 2,774 sqft |
| 2019-10-01 | 39 days | 2,700 sqft |
| 2019-11-01 | 46 days | 2,692 sqft |
| 2019-12-01 | 57 days | 2,749 sqft |
| 2020-01-01 | 69 days | 2,890 sqft |
| 2020-02-01 | 38 days | 2,923 sqft |
| 2020-03-01 | 26 days | 2,900 sqft |
| 2020-04-01 | 28 days | 2,801 sqft |
| 2020-05-01 | 43 days | 2,928 sqft |
| 2020-06-01 | 32 days | 2,984 sqft |
| 2020-07-01 | 34 days | 2,869 sqft |
| 2020-08-01 | 26 days | 2,737 sqft |
| 2020-09-01 | 25 days | 2,696 sqft |
| 2020-10-01 | 23 days | 2,560 sqft |
| 2020-11-01 | 27 days | 2,617 sqft |
| 2020-12-01 | 38 days | 2,443 sqft |
| 2021-01-01 | 30 days | 2,421 sqft |
| 2021-02-01 | 13 days | 2,409 sqft |
| 2021-03-01 | 5 days | 2,394 sqft |
| 2021-04-01 | 5 days | 2,527 sqft |
| 2021-05-01 | 9 days | 2,628 sqft |
| 2021-06-01 | 10 days | 2,439 sqft |
| 2021-07-01 | 13 days | 2,394 sqft |
| 2021-08-01 | 15 days | 2,422 sqft |
| 2021-09-01 | 18 days | 2,439 sqft |
| 2021-10-01 | 23 days | 2,334 sqft |
| 2021-11-01 | 25 days | 2,271 sqft |
| 2021-12-01 | 38 days | 2,385 sqft |
| 2022-01-01 | 38 days | 2,332 sqft |
| 2022-02-01 | 23 days | 2,430 sqft |
| 2022-03-01 | 23 days | 2,253 sqft |
| 2022-04-01 | 21 days | 2,433 sqft |
| 2022-05-01 | 23 days | 2,493 sqft |
| 2022-06-01 | 26 days | 2,534 sqft |
| 2022-07-01 | 31 days | 2,400 sqft |
| 2022-08-01 | 38 days | 2,389 sqft |
| 2022-09-01 | 45 days | 2,389 sqft |
| 2022-10-01 | 50 days | 2,382 sqft |
| 2022-11-01 | 57 days | 2,377 sqft |
Ogden's median square footage for active listings during the 2022-11-01 period was 2,377 sqft. One year prior, the average listing was 2,271 sqft.
