Poplar Bluff VA Loan Rates, Closing Costs & Stats

Poplar Bluff, MO

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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.

    Poplar Bluff's 26 lenders originated 117 VA loans during 2024. The total origination value was $25,105,000, with an average VA loan value of $214,573.

    Poplar Bluff VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Poplar Bluff averaged 0.32% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Poplar Bluff's average VA mortgage closing costs are $3,449.

    The average rate for the prior week (2025-06-13) was 6.96% and one month ago for the week of 2025-05-16, the average rate was 6.72%.

    The average rate one year ago was 6.72%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0%.

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

    Poplar Bluff 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 Poplar Bluff level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 33 6.36% $3,229
    DAS Acquisition Company, LLC 22 6.67% $1,495
    VILLAGE CAPITAL MORTGAGE 7 5.75% $3,667
    FREEDOM MORTGAGE CORPORATION 6 6.27% $4,105
    Flanagan State Bank 6 6.54% $1,931
    PENNYMAC LOAN SERVICES, LLC 6 5.83% $7,506
    QUICKEN LOANS, LLC 5 6.32% $6,168
    UNITED WHOLESALE MORTGAGE, LLC 4 6.00% $2,449
    USAA Federal Savings Bank 3 6.08% $2,179
    GUARANTEED RATE, INC. 3 6.36% $1,265
    FLAT BRANCH MORTGAGE, INC. 2 6.94% $6,575
    NEWREZ LLC 2 5.69% $5,528
    Barrington Bank & Trust Company, N.A. 2 6.50% $4,169
    NEW DAY FINANCIAL, LLC 2 7.87% $8,490
    Magnolia Bank 1 7.13% $7,175
    AmeriHome Mortgage Company, LLC 1 5.63% $4,387
    BROKER SOLUTIONS, INC. 1 6.63% $10,391
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.75% $4,044
    JPMorgan Chase Bank 1 6.25% $0
    LAKEVIEW LOAN SERVICING, LLC 1 5.25% $7,352
    LOANDEPOT.COM, LLC 1 7.75% $1,664
    AMERICAN FINANCING CORPORATION 1 6.25% $2,378
    Members Mortgage Services, L.L.C. 1 7.38% $2,326
    NAVY FEDERAL CREDIT UNION 1 6.25% $10,117
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.63% $1,591
    U.S. Bank 1 6.75% $2,374

    The top Poplar Bluff VA lender as defined by loan originations is Mortgage Research Center, LLC, with 33 VA loans originated. Their average total fees are $3,229, which is $1,734 higher than the next largest lender, DAS Acquisition Company, LLC.

    The lowest fee Poplar Bluff VA lenders (with over 10 loans originated) are DAS Acquisition Company, LLC ($1,495), Mortgage Research Center, LLC ($3,229), .

    The lowest rate Poplar Bluff VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.36%), DAS Acquisition Company, LLC (6.67%), .

    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.