Paris VA Loan Rates, Closing Costs & Stats

Paris, TX

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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.

    Paris's 18 lenders originated 43 VA loans during 2023. The total origination value was $11,525,000, with an average VA loan value of $268,023.

    Paris VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Paris averaged 6.62% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Paris's average VA mortgage closing costs are $5,143.

    The average rate for the prior week (2025-02-07) was 6.65% and one month ago for the week of 2025-01-10, the average rate was 6.69%.

    The average rate one year ago was 6.41%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.23%.

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

    Paris 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 Paris level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 12 6.29% $7,286
    GUARANTEED RATE, INC. 7 6.31% $9,762
    GUILD MORTGAGE COMPANY 2 5.94% $3,317
    UNITED WHOLESALE MORTGAGE, LLC 2 4.94% $10,380
    NAVY FEDERAL CREDIT UNION 2 6.00% $2,279
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.81% $2,734
    SFMC, LP 2 6.50% $4,990
    QUICKEN LOANS, LLC 1 5.50% $15,764
    Town Square Mortgage & Investments, Inc. 1 6.99% $13,796
    VILLAGE CAPITAL MORTGAGE 1 8.13% $12,969
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $4,019
    Wells Fargo Bank 1 5.63% $6,635
    Barrington Bank & Trust Company, N.A. 1 6.19% $9,605
    Equity Prime Mortgage LLC 1 7.50% $7,490
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.75% $10,686
    EVERETT FINANCIAL, INC. 1 7.13% $7,192
    Nations Lending Corporation 1 7.75% $5,423
    PENNYMAC LOAN SERVICES, LLC 1 6.13% $8,107

    The top Paris VA lender as defined by loan originations is Mortgage Research Center, LLC, with 12 VA loans originated. Their average total fees are $7,286, which is $2,476 lower than the next largest lender, GUARANTEED RATE, INC..

    The lowest fee Paris VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,286), .

    The lowest rate Paris VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.29%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Paris (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 $161,538 (15.5%) $210,062 (15.4%) 0.00 217
    2018-02-01 $157,675 (12.7%) $199,231 (9.6%) 0.00 221
    2018-03-01 $162,000 (19.2%) $210,601 (15.0%) 0.00 217
    2018-04-01 $170,425 (31.2%) $218,167 (23.2%) 0.00 211
    2018-05-01 $176,925 (31.1%) $225,634 (13.8%) 0.00 218
    2018-06-01 $164,950 (18.3%) $200,492 (5.6%) 0.00 231
    2018-07-01 $162,450 (16.1%) $199,101 (2.0%) 0.00 251
    2018-08-01 $165,000 (14.2%) $208,632 (2.7%) 0.00 258
    2018-09-01 $169,900 (19.2%) $216,720 (8.5%) 0.00 259
    2018-10-01 $169,900 (14.9%) $216,771 (3.3%) 0.00 283
    2018-11-01 $169,600 (12.1%) $210,483 (2.7%) 0.00 271
    2018-12-01 $159,900 (6.6%) $204,124 (-2.2%) 0.00 245
    2019-01-01 $150,750 (-6.7%) $200,487 (-4.6%) 0.00 239
    2019-02-01 $157,925 (0.2%) $203,741 (2.3%) 0.00 234
    2019-03-01 $160,350 (-1.0%) $201,049 (-4.5%) 0.00 231
    2019-04-01 $164,725 (-3.3%) $205,201 (-5.9%) 0.00 230
    2019-05-01 $184,850 (4.5%) $218,455 (-3.2%) 0.00 250
    2019-06-01 $169,500 (2.8%) $209,274 (4.4%) 0.00 263
    2019-07-01 $175,075 (7.8%) $216,313 (8.6%) 0.00 265
    2019-08-01 $186,087 (12.8%) $221,390 (6.1%) 0.00 263
    2019-09-01 $187,726 (10.5%) $220,598 (1.8%) 0.00 257
    2019-10-01 $189,000 (11.2%) $221,822 (2.3%) 0.00 251
    2019-11-01 $174,700 (3.0%) $213,108 (1.3%) 0.00 245
    2019-12-01 $166,500 (4.1%) $206,504 (1.2%) 0.00 235
    2020-01-01 $171,850 (14.0%) $220,264 (9.9%) 0.00 205
    2020-02-01 $174,900 (10.8%) $231,705 (13.7%) 0.00 195
    2020-03-01 $168,948 (5.4%) $237,081 (17.9%) 0.00 187
    2020-04-01 $167,035 (1.4%) $229,317 (11.8%) 0.00 175
    2020-05-01 $165,000 (-10.7%) $220,581 (1.0%) 0.00 158
    2020-06-01 $174,325 (2.9%) $224,434 (7.2%) 0.00 145
    2020-07-01 $186,250 (6.4%) $223,233 (3.2%) 0.00 143
    2020-08-01 $179,900 (-3.3%) $216,417 (-2.3%) 0.00 110
    2020-09-01 $193,250 (2.9%) $226,717 (2.8%) 0.00 106
    2020-10-01 $191,500 (1.3%) $229,563 (3.5%) 0.00 120
    2020-11-01 $192,425 (10.2%) $248,338 (16.5%) 0.00 116
    2020-12-01 $174,950 (5.1%) $231,745 (12.2%) 0.00 108
    2021-01-01 $174,900 (1.8%) $232,808 (5.7%) 0.00 100
    2021-02-01 $158,863 (-9.2%) $218,872 (-5.5%) 0.00 98
    2021-03-01 $167,450 (-0.9%) $224,186 (-5.4%) 0.00 81
    2021-04-01 $174,900 (4.7%) $232,434 (1.4%) 0.00 69
    2021-05-01 $189,900 (15.1%) $243,727 (10.5%) 0.00 69
    2021-06-01 $192,000 (10.1%) $235,804 (5.1%) 0.00 85
    2021-07-01 $189,900 (2.0%) $259,991 (16.5%) 0.00 84
    2021-08-01 $205,900 (14.5%) $258,716 (19.5%) 0.00 95
    2021-09-01 $243,325 (25.9%) $285,240 (25.8%) 0.00 120
    2021-10-01 $238,000 (24.3%) $281,800 (22.8%) 0.00 131
    2021-11-01 $223,975 (16.4%) $293,133 (18.0%) 0.00 111
    2021-12-01 $219,750 (25.6%) $303,208 (30.8%) 0.00 107
    2022-01-01 $247,450 (41.5%) $320,800 (37.8%) 0.00 108
    2022-02-01 $234,900 (47.9%) $317,227 (44.9%) 0.00 97
    2022-03-01 $272,450 (62.7%) $347,283 (54.9%) 0.00 95
    2022-04-01 $252,450 (44.3%) $357,456 (53.8%) 0.00 106
    2022-05-01 $257,825 (35.8%) $384,751 (57.9%) 0.00 117
    2022-06-01 $241,225 (25.6%) $344,987 (46.3%) 0.00 140
    2022-07-01 $241,400 (27.1%) $330,777 (27.2%) 0.00 163
    2022-08-01 $228,495 (11.0%) $304,088 (17.5%) 0.00 191
    2022-09-01 $225,000 (-7.5%) $308,892 (8.3%) 0.00 197
    2022-10-01 $219,500 (-7.8%) $294,886 (4.6%) 0.00 224
    2022-11-01 $215,000 (-4.0%) $303,599 (3.6%) 0.00 232
    2022-12-01 $222,500 (1.3%) $310,393 (2.4%) 0.00 226
    2023-01-01 $235,225 (-4.9%) $315,631 (-1.6%) 0.00 214
    2023-02-01 $247,475 (5.4%) $334,440 (5.4%) 0.00 215
    2023-03-01 $256,250 (-6.0%) $341,818 (-1.6%) 0.00 210
    2023-04-01 $260,000 (3.0%) $355,775 (-0.5%) 0.00 209
    2023-05-01 $274,925 (6.6%) $365,555 (-5.0%) 0.00 199
    2023-06-01 $277,500 (15.0%) $359,606 (4.2%) 0.00 205
    2023-07-01 $260,000 (7.7%) $347,258 (5.0%) 0.00 227
    2023-08-01 $259,000 (13.4%) $360,428 (18.5%) 0.00 235
    2023-09-01 $254,000 (12.9%) $358,859 (16.2%) 0.00 242
    2023-10-01 $249,975 (13.9%) $360,422 (22.2%) 0.00 244
    2023-11-01 $248,500 (15.6%) $351,242 (15.7%) 0.00 257
    2023-12-01 $248,500 (11.7%) $354,814 (14.3%) 0.00 257
    2024-01-01 $248,500 (5.6%) $362,054 (14.7%) 0.00 231
    2024-02-01 $247,000 (-0.2%) $358,006 (7.1%) 0.00 212
    2024-03-01 $241,900 (-5.6%) $343,927 (0.6%) 0.00 209
    2024-04-01 $241,900 (-7.0%) $338,180 (-5.0%) 0.00 217
    2024-05-01 $241,900 (-12.0%) $326,203 (-10.8%) 0.00 211
    2024-06-01 $259,000 (-6.7%) $330,212 (-8.2%) 0.00 242
    2024-07-01 $254,000 (-2.3%) $358,016 (3.1%) 0.00 257
    2024-08-01 $259,950 (0.4%) $355,253 (-1.4%) 0.00 262
    2024-09-01 $262,475 (3.3%) $361,205 (0.7%) 0.00 262
    2024-10-01 $270,725 (8.3%) $355,812 (-1.3%) 0.00 272
    2024-11-01 $269,900 (8.6%) $351,253 (0.0%) 0.00 277
    2024-12-01 $276,375 (11.2%) $355,807 (0.3%) 0.00 271
    2025-01-01 $277,000 (11.5%) $336,611 (-7.0%) 0.00 275
    Paris's median listing price for 2025-01-01 was $277,000, a difference of $28,500 (11.5%) versus the prior year and $625 versus the prior month.

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

    Paris's average listing price for 2025-01-01 was $336,611, a difference of $-25,443 (-7.0%) versus the prior year and $-19,196 versus the prior month.

    For the 2025-01-01 period, Paris had 275 MLS listings, a difference of 4 listings (1%) versus the prior month and 44 listings (19%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Paris (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,079 sqft
    2018-02-01 0 days 2,015 sqft
    2018-03-01 0 days 2,082 sqft
    2018-04-01 0 days 2,258 sqft
    2018-05-01 0 days 2,383 sqft
    2018-06-01 0 days 2,257 sqft
    2018-07-01 0 days 2,158 sqft
    2018-08-01 0 days 2,184 sqft
    2018-09-01 0 days 2,111 sqft
    2018-10-01 0 days 2,058 sqft
    2018-11-01 0 days 2,034 sqft
    2018-12-01 0 days 2,036 sqft
    2019-01-01 0 days 1,957 sqft
    2019-02-01 0 days 1,986 sqft
    2019-03-01 0 days 2,001 sqft
    2019-04-01 0 days 1,999 sqft
    2019-05-01 0 days 2,140 sqft
    2019-06-01 0 days 2,006 sqft
    2019-07-01 0 days 2,021 sqft
    2019-08-01 0 days 2,122 sqft
    2019-09-01 0 days 2,178 sqft
    2019-10-01 0 days 2,233 sqft
    2019-11-01 0 days 2,173 sqft
    2019-12-01 0 days 2,151 sqft
    2020-01-01 0 days 2,156 sqft
    2020-02-01 0 days 2,171 sqft
    2020-03-01 0 days 2,059 sqft
    2020-04-01 0 days 2,035 sqft
    2020-05-01 0 days 1,976 sqft
    2020-06-01 0 days 2,102 sqft
    2020-07-01 0 days 2,044 sqft
    2020-08-01 0 days 2,044 sqft
    2020-09-01 0 days 2,299 sqft
    2020-10-01 0 days 2,340 sqft
    2020-11-01 0 days 2,324 sqft
    2020-12-01 0 days 2,086 sqft
    2021-01-01 0 days 2,066 sqft
    2021-02-01 0 days 1,814 sqft
    2021-03-01 0 days 1,832 sqft
    2021-04-01 0 days 2,015 sqft
    2021-05-01 0 days 1,992 sqft
    2021-06-01 0 days 1,953 sqft
    2021-07-01 0 days 1,899 sqft
    2021-08-01 0 days 1,873 sqft
    2021-09-01 0 days 1,865 sqft
    2021-10-01 0 days 1,832 sqft
    2021-11-01 0 days 1,786 sqft
    2021-12-01 0 days 1,789 sqft
    2022-01-01 0 days 1,849 sqft
    2022-02-01 0 days 1,768 sqft
    2022-03-01 0 days 1,868 sqft
    2022-04-01 0 days 1,801 sqft
    2022-05-01 0 days 1,800 sqft
    2022-06-01 0 days 1,803 sqft
    2022-07-01 0 days 1,786 sqft
    2022-08-01 0 days 1,784 sqft
    2022-09-01 0 days 1,774 sqft
    2022-10-01 0 days 1,712 sqft
    2022-11-01 0 days 1,722 sqft
    2022-12-01 0 days 1,777 sqft
    2023-01-01 0 days 1,773 sqft
    2023-02-01 0 days 1,797 sqft
    2023-03-01 0 days 1,791 sqft
    2023-04-01 0 days 1,809 sqft
    2023-05-01 0 days 1,887 sqft
    2023-06-01 0 days 1,924 sqft
    2023-07-01 0 days 1,898 sqft
    2023-08-01 0 days 1,844 sqft
    2023-09-01 0 days 1,800 sqft
    2023-10-01 0 days 1,794 sqft
    2023-11-01 0 days 1,790 sqft
    2023-12-01 0 days 1,792 sqft
    2024-01-01 0 days 1,759 sqft
    2024-02-01 0 days 1,732 sqft
    2024-03-01 0 days 1,700 sqft
    2024-04-01 0 days 1,778 sqft
    2024-05-01 0 days 1,781 sqft
    2024-06-01 0 days 1,790 sqft
    2024-07-01 0 days 1,804 sqft
    2024-08-01 0 days 1,926 sqft
    2024-09-01 0 days 1,917 sqft
    2024-10-01 0 days 1,874 sqft
    2024-11-01 0 days 1,840 sqft
    2024-12-01 0 days 1,848 sqft
    2025-01-01 0 days 1,855 sqft
    Paris's median listing age (time on market) for 2025-01-01 was 0 days.

    Paris's median square footage for active listings during the 2025-01-01 period was 1,855 sqft. One year prior, the average listing was 1,759 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.