Pocatello VA Loan Rates, Closing Costs & Stats

POCATELLO, ID

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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.

    Pocatello's 38 lenders originated 105 VA loans during 2023. The total origination value was $34,565,000, with an average VA loan value of $329,190.

    Pocatello VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pocatello averaged 6.5% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Pocatello's average VA mortgage closing costs are $6,639.

    The average rate for the prior week (2025-02-07) was 6.53% and one month ago for the week of 2025-01-10, the average rate was 6.67%.

    The average rate one year ago was 6.29%.

    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.

    Pocatello 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 Pocatello level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 13 6.64% $4,372
    FIRST COLONY MORTGAGE CORPORATION 9 6.51% $5,067
    UNITED WHOLESALE MORTGAGE, LLC 8 5.94% $10,036
    SUMMIT FUNDING, INC. 6 6.40% $11,250
    QUICKEN LOANS, LLC 5 5.89% $13,674
    Eagle Bank and Trust Company 5 5.95% $11,224
    IDAHO CENTRAL 4 6.19% $8,161
    PREMIER MORTGAGE RESOURCES, L.L.C. 3 5.71% $25,522
    NEW DAY FINANCIAL, LLC 3 7.24% $13,095
    The Federal Savings Bank 3 6.29% $17,422
    LOANDEPOT.COM, LLC 3 5.96% $16,592
    MOUNTAIN AMERICA 2 6.50% $11,803
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.69% $3,752
    NAVY FEDERAL CREDIT UNION 2 5.75% $3,522
    AMERISAVE MORTGAGE CORPORATION 2 5.75% $14,144
    PENNYMAC LOAN SERVICES, LLC 2 5.63% $13,219
    USAA Federal Savings Bank 2 6.19% $10,173
    VILLAGE CAPITAL MORTGAGE 2 5.82% $8,029
    BROKER SOLUTIONS, INC. 2 5.75% $11,461
    Flagstar Bank, FSB 2 6.25% $5,961
    FREEDOM MORTGAGE CORPORATION 2 7.00% $12,529
    Willamette Valley Bank 1 6.38% $537
    D. L. Evans Bank 1 6.75% $22,097
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $7,488
    First Federal Bank 1 6.63% $9,081
    Glacier Bank 1 6.25% $6,648
    GUARANTEED RATE, INC. 1 5.58% $2,314
    GUILD MORTGAGE COMPANY 1 6.63% $4,977
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.88% $9,543
    INTERCAP LENDING INC. 1 5.38% $14,655
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.75% $5,342
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $15,804
    M&T Bank 1 7.25% $5,956
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $20,562
    Paramount Residential Mortgage Group, Inc. 1 6.25% $4,958
    S1L, Inc. 1 6.75% $10,705
    U.S. Bank 1 5.99% $3,579
    ADVANTAGE PLUS 1 6.63% $4,977

    The top Pocatello VA lender as defined by loan originations is Mortgage Research Center, LLC, with 13 VA loans originated. Their average total fees are $4,372, which is $695 lower than the next largest lender, FIRST COLONY MORTGAGE CORPORATION.

    The lowest fee Pocatello VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,372), .

    The lowest rate Pocatello VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.64%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pocatello (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 $185,925 (20.0%) $249,955 (24.3%) 0.00 145
    2018-02-01 $192,200 (23.1%) $258,349 (25.0%) 0.00 137
    2018-03-01 $199,900 (26.6%) $262,448 (27.1%) 0.00 145
    2018-04-01 $220,000 (37.6%) $263,683 (22.8%) 0.00 143
    2018-05-01 $215,975 (24.3%) $256,631 (11.4%) 0.00 175
    2018-06-01 $200,000 (13.4%) $243,459 (6.4%) 0.00 231
    2018-07-01 $184,950 (10.4%) $232,030 (4.4%) 0.00 244
    2018-08-01 $197,450 (20.5%) $246,230 (10.9%) 0.00 226
    2018-09-01 $204,900 (22.7%) $252,679 (11.2%) 0.00 217
    2018-10-01 $213,900 (27.7%) $249,413 (7.9%) 0.00 204
    2018-11-01 $212,450 (23.7%) $258,042 (10.5%) 0.00 196
    2018-12-01 $210,000 (13.6%) $257,792 (3.5%) 0.00 184
    2019-01-01 $207,450 (11.6%) $258,814 (3.5%) 0.00 155
    2019-02-01 $224,900 (17.0%) $269,809 (4.4%) 0.00 150
    2019-03-01 $236,929 (18.5%) $275,084 (4.8%) 0.00 139
    2019-04-01 $243,029 (10.5%) $274,958 (4.3%) 0.00 132
    2019-05-01 $241,825 (12.0%) $277,016 (7.9%) 0.00 131
    2019-06-01 $245,000 (22.5%) $308,026 (26.5%) 0.00 162
    2019-07-01 $237,450 (28.4%) $312,673 (34.8%) 0.00 201
    2019-08-01 $243,736 (23.4%) $318,254 (29.3%) 0.00 219
    2019-09-01 $249,341 (21.7%) $319,804 (26.6%) 0.00 224
    2019-10-01 $255,600 (19.5%) $326,388 (30.9%) 0.00 228
    2019-11-01 $261,250 (23.0%) $331,950 (28.6%) 0.00 224
    2019-12-01 $255,000 (21.4%) $327,107 (26.9%) 0.00 206
    2020-01-01 $258,075 (24.4%) $326,983 (26.3%) 0.00 171
    2020-02-01 $267,500 (18.9%) $347,417 (28.8%) 0.00 146
    2020-03-01 $280,200 (18.3%) $354,336 (28.8%) 0.00 153
    2020-04-01 $289,675 (19.2%) $351,138 (27.7%) 0.00 168
    2020-05-01 $289,900 (19.9%) $350,899 (26.7%) 0.00 171
    2020-06-01 $316,575 (29.2%) $374,317 (21.5%) 0.00 159
    2020-07-01 $306,975 (29.3%) $381,478 (22.0%) 0.00 154
    2020-08-01 $290,000 (19.0%) $392,128 (23.2%) 0.00 133
    2020-09-01 $254,950 (2.3%) $352,627 (10.3%) 0.00 118
    2020-10-01 $239,950 (-6.1%) $381,311 (16.8%) 0.00 103
    2020-11-01 $247,425 (-5.3%) $424,000 (27.7%) 0.00 84
    2020-12-01 $249,950 (-2.0%) $426,516 (30.4%) 0.00 87
    2021-01-01 $264,900 (2.6%) $429,566 (31.4%) 0.00 70
    2021-02-01 $301,250 (12.6%) $506,979 (45.9%) 0.00 62
    2021-03-01 $352,450 (25.8%) $572,269 (61.5%) 0.00 57
    2021-04-01 $323,500 (11.7%) $459,583 (30.9%) 0.00 62
    2021-05-01 $305,250 (5.3%) $437,937 (24.8%) 0.00 72
    2021-06-01 $376,175 (18.8%) $500,430 (33.7%) 0.00 85
    2021-07-01 $354,950 (15.6%) $486,017 (27.4%) 0.00 123
    2021-08-01 $388,725 (34.0%) $489,607 (24.9%) 0.00 131
    2021-09-01 $399,725 (56.8%) $479,877 (36.1%) 0.00 144
    2021-10-01 $399,950 (66.7%) $463,794 (21.6%) 0.00 141
    2021-11-01 $365,950 (47.9%) $440,425 (3.9%) 0.00 133
    2021-12-01 $353,250 (41.3%) $434,115 (1.8%) 0.00 104
    2022-01-01 $355,000 (34.0%) $457,573 (6.5%) 0.00 70
    2022-02-01 $444,975 (47.7%) $583,032 (15.0%) 0.00 49
    2022-03-01 $447,450 (27.0%) $592,514 (3.5%) 0.00 58
    2022-04-01 $449,900 (39.1%) $547,398 (19.1%) 0.00 79
    2022-05-01 $417,500 (36.8%) $502,374 (14.7%) 0.00 126
    2022-06-01 $393,250 (4.5%) $474,011 (-5.3%) 0.00 171
    2022-07-01 $400,000 (12.7%) $465,026 (-4.3%) 0.00 223
    2022-08-01 $399,975 (2.9%) $459,864 (-6.1%) 0.00 235
    2022-09-01 $388,675 (-2.8%) $439,785 (-8.4%) 0.00 265
    2022-10-01 $389,700 (-2.6%) $449,849 (-3.0%) 0.00 272
    2022-11-01 $384,700 (5.1%) $439,213 (-0.3%) 0.00 245
    2022-12-01 $380,000 (7.6%) $437,651 (0.8%) 0.00 224
    2023-01-01 $388,750 (9.5%) $439,929 (-3.9%) 0.00 207
    2023-02-01 $410,225 (-7.8%) $461,576 (-20.8%) 0.00 193
    2023-03-01 $419,950 (-6.2%) $473,283 (-20.1%) 0.00 173
    2023-04-01 $429,950 (-4.4%) $491,764 (-10.2%) 0.00 162
    2023-05-01 $471,200 (12.9%) $520,135 (3.5%) 0.00 180
    2023-06-01 $444,900 (13.1%) $528,803 (11.6%) 0.00 187
    2023-07-01 $416,500 (4.1%) $517,566 (11.3%) 0.00 219
    2023-08-01 $428,100 (7.0%) $516,365 (12.3%) 0.00 234
    2023-09-01 $419,900 (8.0%) $506,496 (15.2%) 0.00 238
    2023-10-01 $399,788 (2.6%) $495,505 (10.2%) 0.00 261
    2023-11-01 $389,500 (1.3%) $468,775 (6.7%) 0.00 259
    2023-12-01 $384,700 (1.2%) $464,371 (6.1%) 0.00 238
    2024-01-01 $386,850 (-0.5%) $461,007 (4.8%) 0.00 209
    2024-02-01 $392,975 (-4.2%) $473,771 (2.6%) 0.00 195
    2024-03-01 $399,900 (-4.8%) $492,106 (4.0%) 0.00 210
    2024-04-01 $424,450 (-1.3%) $502,085 (2.1%) 0.00 228
    2024-05-01 $429,250 (-8.9%) $499,447 (-4.0%) 0.00 251
    2024-06-01 $425,450 (-4.4%) $505,373 (-4.4%) 0.00 295
    2024-07-01 $419,900 (0.8%) $496,463 (-4.1%) 0.00 330
    2024-08-01 $409,900 (-4.3%) $493,396 (-4.5%) 0.00 330
    2024-09-01 $413,675 (-1.5%) $494,230 (-2.4%) 0.00 332
    2024-10-01 $399,900 (0.0%) $488,915 (-1.3%) 0.00 321
    2024-11-01 $394,950 (1.4%) $478,270 (2.0%) 0.00 324
    2024-12-01 $390,750 (1.6%) $464,798 (0.1%) 0.00 304
    2025-01-01 $394,950 (2.1%) $470,258 (2.0%) 0.00 258
    Pocatello's median listing price for 2025-01-01 was $394,950, a difference of $8,100 (2.1%) versus the prior year and $4,200 versus the prior month.

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

    Pocatello's average listing price for 2025-01-01 was $470,258, a difference of $9,251 (2.0%) versus the prior year and $5,460 versus the prior month.

    For the 2025-01-01 period, Pocatello had 258 MLS listings, a difference of -46 listings (-15%) versus the prior month and 49 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pocatello (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,389 sqft
    2018-02-01 0 days 2,372 sqft
    2018-03-01 0 days 2,341 sqft
    2018-04-01 0 days 2,371 sqft
    2018-05-01 0 days 2,333 sqft
    2018-06-01 0 days 2,228 sqft
    2018-07-01 0 days 2,112 sqft
    2018-08-01 0 days 2,259 sqft
    2018-09-01 0 days 2,295 sqft
    2018-10-01 0 days 2,365 sqft
    2018-11-01 0 days 2,442 sqft
    2018-12-01 0 days 2,458 sqft
    2019-01-01 0 days 2,225 sqft
    2019-02-01 0 days 2,407 sqft
    2019-03-01 0 days 2,555 sqft
    2019-04-01 0 days 2,538 sqft
    2019-05-01 0 days 2,534 sqft
    2019-06-01 0 days 2,430 sqft
    2019-07-01 0 days 2,329 sqft
    2019-08-01 0 days 2,313 sqft
    2019-09-01 0 days 2,277 sqft
    2019-10-01 0 days 2,292 sqft
    2019-11-01 0 days 2,300 sqft
    2019-12-01 0 days 2,345 sqft
    2020-01-01 0 days 2,300 sqft
    2020-02-01 0 days 2,207 sqft
    2020-03-01 0 days 2,497 sqft
    2020-04-01 0 days 2,539 sqft
    2020-05-01 0 days 2,550 sqft
    2020-06-01 0 days 2,735 sqft
    2020-07-01 0 days 2,622 sqft
    2020-08-01 0 days 2,418 sqft
    2020-09-01 0 days 2,202 sqft
    2020-10-01 0 days 2,018 sqft
    2020-11-01 0 days 2,080 sqft
    2020-12-01 0 days 2,004 sqft
    2021-01-01 0 days 2,128 sqft
    2021-02-01 0 days 2,423 sqft
    2021-03-01 0 days 2,532 sqft
    2021-04-01 0 days 2,348 sqft
    2021-05-01 0 days 2,184 sqft
    2021-06-01 0 days 2,251 sqft
    2021-07-01 0 days 2,360 sqft
    2021-08-01 0 days 2,574 sqft
    2021-09-01 0 days 2,563 sqft
    2021-10-01 0 days 2,341 sqft
    2021-11-01 0 days 2,251 sqft
    2021-12-01 0 days 2,217 sqft
    2022-01-01 0 days 2,217 sqft
    2022-02-01 0 days 2,680 sqft
    2022-03-01 0 days 2,783 sqft
    2022-04-01 0 days 2,800 sqft
    2022-05-01 0 days 2,322 sqft
    2022-06-01 0 days 2,260 sqft
    2022-07-01 0 days 2,264 sqft
    2022-08-01 0 days 2,242 sqft
    2022-09-01 0 days 2,181 sqft
    2022-10-01 0 days 2,263 sqft
    2022-11-01 0 days 2,267 sqft
    2022-12-01 0 days 2,256 sqft
    2023-01-01 0 days 2,274 sqft
    2023-02-01 0 days 2,499 sqft
    2023-03-01 0 days 2,551 sqft
    2023-04-01 0 days 2,657 sqft
    2023-05-01 0 days 2,593 sqft
    2023-06-01 0 days 2,575 sqft
    2023-07-01 0 days 2,492 sqft
    2023-08-01 0 days 2,514 sqft
    2023-09-01 0 days 2,464 sqft
    2023-10-01 0 days 2,232 sqft
    2023-11-01 0 days 2,174 sqft
    2023-12-01 0 days 2,150 sqft
    2024-01-01 0 days 2,152 sqft
    2024-02-01 0 days 2,245 sqft
    2024-03-01 0 days 2,242 sqft
    2024-04-01 0 days 2,365 sqft
    2024-05-01 0 days 2,359 sqft
    2024-06-01 0 days 2,425 sqft
    2024-07-01 0 days 2,330 sqft
    2024-08-01 0 days 2,247 sqft
    2024-09-01 0 days 2,251 sqft
    2024-10-01 0 days 2,188 sqft
    2024-11-01 0 days 2,189 sqft
    2024-12-01 0 days 2,154 sqft
    2025-01-01 0 days 2,143 sqft
    Pocatello's median listing age (time on market) for 2025-01-01 was 0 days.

    Pocatello's median square footage for active listings during the 2025-01-01 period was 2,143 sqft. One year prior, the average listing was 2,152 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.