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 20 lenders originated 80 VA loans during 2023. The total origination value was $16,080,000, with an average VA loan value of $201,000.

    Poplar Bluff VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Poplar Bluff averaged 6.6% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Poplar Bluff's average VA mortgage closing costs are $3,442.

    The average rate for the prior week (2024-12-06) was 6.23% and one month ago for the week of 2024-11-08, the average rate was 6.83%.

    The average rate one year ago was 6.88%.

    For refis of the same type during the week of 2024-12-13, the average rate was 5.98%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 25 6.82% $3,186
    DAS Acquisition Company, LLC 16 6.97% $1,756
    FLAT BRANCH MORTGAGE, INC. 8 6.98% $3,423
    NAVY FEDERAL CREDIT UNION 3 6.33% $4,625
    Flanagan State Bank 3 6.50% $789
    VILLAGE CAPITAL MORTGAGE 2 6.50% $9,143
    NEWREZ LLC 2 6.75% $2,674
    PENNYMAC LOAN SERVICES, LLC 2 6.13% $2,976
    QUICKEN LOANS, LLC 2 5.24% $10,002
    The Central Trust Bank 2 6.94% $3,651
    USAA Federal Savings Bank 2 5.75% $7,507
    Bank of England 2 6.69% $10,174
    CROSSCOUNTRY MORTGAGE, LLC 1 7.50% $8,151
    NEW DAY FINANCIAL, LLC 1 7.99% $9,436
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $10,961
    Magnolia Bank 1 6.25% $2,805
    Members Mortgage Services, L.L.C. 1 7.25% $2,238
    Mid-Continent Funding, Inc. 1 6.13% $14,190
    GUARANTEED RATE, INC. 1 6.75% $575
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $0

    The top Poplar Bluff VA lender as defined by loan originations is Mortgage Research Center, LLC, with 25 VA loans originated. Their average total fees are $3,186, which is $1,430 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 ($1,756), Mortgage Research Center, LLC ($3,186), .

    The lowest rate Poplar Bluff VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.82%), DAS Acquisition Company, LLC (6.97%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Poplar Bluff (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 $125,725 (17.0%) $164,225 (12.9%) 0.00 336
    2018-02-01 $120,950 (14.4%) $160,091 (11.8%) 0.00 384
    2018-03-01 $119,900 (20.0%) $156,748 (12.1%) 0.00 405
    2018-04-01 $124,900 (25.0%) $159,309 (14.5%) 0.00 412
    2018-05-01 $127,500 (25.0%) $161,896 (21.7%) 0.00 405
    2018-06-01 $124,900 (10.5%) $157,963 (10.2%) 0.00 451
    2018-07-01 $119,850 (2.9%) $154,717 (5.6%) 0.00 458
    2018-08-01 $119,900 (0.3%) $156,702 (4.8%) 0.00 451
    2018-09-01 $119,900 (0.2%) $157,529 (4.5%) 0.00 443
    2018-10-01 $119,900 (-0.5%) $159,783 (2.8%) 0.00 443
    2018-11-01 $118,425 (-2.5%) $161,894 (2.3%) 0.00 431
    2018-12-01 $118,000 (-8.5%) $162,070 (-0.7%) 0.00 409
    2019-01-01 $118,850 (-5.5%) $160,100 (-2.5%) 0.00 391
    2019-02-01 $119,400 (-1.3%) $156,523 (-2.2%) 0.00 400
    2019-03-01 $119,943 (0.0%) $155,172 (-1.0%) 0.00 393
    2019-04-01 $121,450 (-2.8%) $154,048 (-3.3%) 0.00 371
    2019-05-01 $122,475 (-3.9%) $152,770 (-5.6%) 0.00 363
    2019-06-01 $126,900 (1.6%) $152,061 (-3.7%) 0.00 370
    2019-07-01 $121,400 (1.3%) $150,607 (-2.7%) 0.00 364
    2019-08-01 $122,655 (2.3%) $150,608 (-3.9%) 0.00 356
    2019-09-01 $122,286 (2.0%) $150,678 (-4.4%) 0.00 343
    2019-10-01 $123,291 (2.8%) $150,724 (-5.7%) 0.00 332
    2019-11-01 $119,950 (1.3%) $149,816 (-7.5%) 0.00 317
    2019-12-01 $119,175 (1.0%) $141,064 (-13.0%) 0.00 301
    2020-01-01 $119,900 (0.9%) $142,781 (-10.8%) 0.00 274
    2020-02-01 $119,900 (0.4%) $141,207 (-9.8%) 0.00 263
    2020-03-01 $119,900 (0.0%) $144,105 (-7.1%) 0.00 269
    2020-04-01 $119,075 (-2.0%) $140,463 (-8.8%) 0.00 261
    2020-05-01 $114,950 (-6.1%) $143,504 (-6.1%) 0.00 233
    2020-06-01 $114,300 (-9.9%) $150,065 (-1.3%) 0.00 225
    2020-07-01 $119,450 (-1.6%) $157,393 (4.5%) 0.00 198
    2020-08-01 $124,950 (1.9%) $156,834 (4.1%) 0.00 182
    2020-09-01 $118,700 (-2.9%) $147,952 (-1.8%) 0.00 188
    2020-10-01 $106,750 (-13.4%) $136,588 (-9.4%) 0.00 190
    2020-11-01 $99,900 (-16.7%) $134,350 (-10.3%) 0.00 191
    2020-12-01 $99,900 (-16.2%) $133,744 (-5.2%) 0.00 188
    2021-01-01 $99,500 (-17.0%) $143,266 (0.3%) 0.00 150
    2021-02-01 $99,900 (-16.7%) $163,202 (15.6%) 0.00 133
    2021-03-01 $99,900 (-16.7%) $175,532 (21.8%) 0.00 127
    2021-04-01 $108,700 (-8.7%) $193,865 (38.0%) 0.00 108
    2021-05-01 $121,200 (5.4%) $210,910 (47.0%) 0.00 93
    2021-06-01 $123,700 (8.2%) $214,494 (42.9%) 0.00 95
    2021-07-01 $111,000 (-7.1%) $210,868 (34.0%) 0.00 116
    2021-08-01 $124,200 (-0.6%) $197,429 (25.9%) 0.00 124
    2021-09-01 $132,286 (11.5%) $193,287 (30.6%) 0.00 126
    2021-10-01 $124,950 (17.1%) $201,175 (47.3%) 0.00 122
    2021-11-01 $132,200 (32.3%) $189,697 (41.2%) 0.00 138
    2021-12-01 $134,950 (35.1%) $189,599 (41.8%) 0.00 142
    2022-01-01 $129,900 (30.6%) $180,232 (25.8%) 0.00 136
    2022-02-01 $131,825 (32.0%) $187,096 (14.6%) 0.00 109
    2022-03-01 $135,000 (35.1%) $189,991 (8.2%) 0.00 94
    2022-04-01 $145,900 (34.2%) $193,778 (0.0%) 0.00 84
    2022-05-01 $157,775 (30.2%) $198,935 (-5.7%) 0.00 107
    2022-06-01 $168,175 (36.0%) $201,151 (-6.2%) 0.00 115
    2022-07-01 $167,900 (51.3%) $196,880 (-6.6%) 0.00 130
    2022-08-01 $166,700 (34.2%) $206,865 (4.8%) 0.00 138
    2022-09-01 $169,800 (28.4%) $225,987 (16.9%) 0.00 153
    2022-10-01 $169,900 (36.0%) $216,370 (7.6%) 0.00 158
    2022-11-01 $172,325 (30.4%) $222,937 (17.5%) 0.00 154
    2022-12-01 $172,450 (27.8%) $217,913 (14.9%) 0.00 145
    2023-01-01 $179,925 (38.5%) $243,496 (35.1%) 0.00 133
    2023-02-01 $177,400 (34.6%) $237,321 (26.8%) 0.00 116
    2023-03-01 $174,950 (29.6%) $247,066 (30.0%) 0.00 120
    2023-04-01 $179,350 (22.9%) $249,537 (28.8%) 0.00 116
    2023-05-01 $177,350 (12.4%) $258,900 (30.1%) 0.00 125
    2023-06-01 $169,800 (1.0%) $251,164 (24.9%) 0.00 140
    2023-07-01 $169,900 (1.2%) $260,053 (32.1%) 0.00 159
    2023-08-01 $169,900 (1.9%) $254,904 (23.2%) 0.00 153
    2023-09-01 $168,000 (-1.1%) $247,208 (9.4%) 0.00 151
    2023-10-01 $185,475 (9.2%) $259,271 (19.8%) 0.00 168
    2023-11-01 $179,950 (4.4%) $248,585 (11.5%) 0.00 176
    2023-12-01 $165,000 (-4.3%) $229,324 (5.2%) 0.00 200
    2024-01-01 $179,925 (0.0%) $233,073 (-4.3%) 0.00 196
    2024-02-01 $189,900 (7.1%) $243,929 (2.8%) 0.00 190
    2024-03-01 $189,900 (8.6%) $244,202 (-1.2%) 0.00 184
    2024-04-01 $199,075 (11.0%) $249,190 (-0.1%) 0.00 181
    2024-05-01 $189,900 (7.1%) $239,169 (-7.6%) 0.00 194
    2024-06-01 $199,900 (17.7%) $241,811 (-3.7%) 0.00 194
    2024-07-01 $198,950 (17.1%) $243,379 (-6.4%) 0.00 204
    2024-08-01 $199,900 (17.7%) $244,798 (-4.0%) 0.00 201
    2024-09-01 $189,900 (13.0%) $243,766 (-1.4%) 0.00 207
    2024-10-01 $189,900 (2.4%) $239,656 (-7.6%) 0.00 217
    2024-11-01 $195,000 (8.4%) $245,903 (-1.1%) 0.00 233
    Poplar Bluff's median listing price for 2024-11-01 was $195,000, a difference of $15,050 (8.4%) versus the prior year and $5,100 versus the prior month.

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

    Poplar Bluff's average listing price for 2024-11-01 was $245,903, a difference of $-2,682 (-1.1%) versus the prior year and $6,247 versus the prior month.

    For the 2024-11-01 period, Poplar Bluff had 233 MLS listings, a difference of 16 listings (7%) versus the prior month and 57 listings (32%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Poplar Bluff (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,697 sqft
    2018-02-01 0 days 1,672 sqft
    2018-03-01 0 days 1,626 sqft
    2018-04-01 0 days 1,646 sqft
    2018-05-01 0 days 1,645 sqft
    2018-06-01 0 days 1,650 sqft
    2018-07-01 0 days 1,652 sqft
    2018-08-01 0 days 1,670 sqft
    2018-09-01 0 days 1,650 sqft
    2018-10-01 0 days 1,629 sqft
    2018-11-01 0 days 1,602 sqft
    2018-12-01 0 days 1,600 sqft
    2019-01-01 0 days 1,599 sqft
    2019-02-01 0 days 1,572 sqft
    2019-03-01 0 days 1,568 sqft
    2019-04-01 0 days 1,568 sqft
    2019-05-01 0 days 1,595 sqft
    2019-06-01 0 days 1,600 sqft
    2019-07-01 0 days 1,600 sqft
    2019-08-01 0 days 1,602 sqft
    2019-09-01 0 days 1,605 sqft
    2019-10-01 0 days 1,608 sqft
    2019-11-01 0 days 1,606 sqft
    2019-12-01 0 days 1,601 sqft
    2020-01-01 0 days 1,608 sqft
    2020-02-01 0 days 1,605 sqft
    2020-03-01 0 days 1,600 sqft
    2020-04-01 0 days 1,582 sqft
    2020-05-01 0 days 1,541 sqft
    2020-06-01 0 days 1,570 sqft
    2020-07-01 0 days 1,632 sqft
    2020-08-01 0 days 1,637 sqft
    2020-09-01 0 days 1,540 sqft
    2020-10-01 0 days 1,560 sqft
    2020-11-01 0 days 1,542 sqft
    2020-12-01 0 days 1,466 sqft
    2021-01-01 0 days 1,433 sqft
    2021-02-01 0 days 1,403 sqft
    2021-03-01 0 days 1,357 sqft
    2021-04-01 0 days 1,385 sqft
    2021-05-01 0 days 1,500 sqft
    2021-06-01 0 days 1,462 sqft
    2021-07-01 0 days 1,380 sqft
    2021-08-01 0 days 1,399 sqft
    2021-09-01 0 days 1,422 sqft
    2021-10-01 0 days 1,400 sqft
    2021-11-01 0 days 1,476 sqft
    2021-12-01 0 days 1,499 sqft
    2022-01-01 0 days 1,421 sqft
    2022-02-01 0 days 1,561 sqft
    2022-03-01 0 days 1,513 sqft
    2022-04-01 0 days 1,556 sqft
    2022-05-01 0 days 1,572 sqft
    2022-06-01 0 days 1,671 sqft
    2022-07-01 0 days 1,650 sqft
    2022-08-01 0 days 1,703 sqft
    2022-09-01 0 days 1,694 sqft
    2022-10-01 0 days 1,648 sqft
    2022-11-01 0 days 1,660 sqft
    2022-12-01 0 days 1,619 sqft
    2023-01-01 0 days 1,584 sqft
    2023-02-01 0 days 1,542 sqft
    2023-03-01 0 days 1,532 sqft
    2023-04-01 0 days 1,571 sqft
    2023-05-01 0 days 1,537 sqft
    2023-06-01 0 days 1,526 sqft
    2023-07-01 0 days 1,523 sqft
    2023-08-01 0 days 1,541 sqft
    2023-09-01 0 days 1,496 sqft
    2023-10-01 0 days 1,676 sqft
    2023-11-01 0 days 1,627 sqft
    2023-12-01 0 days 1,512 sqft
    2024-01-01 0 days 1,549 sqft
    2024-02-01 0 days 1,664 sqft
    2024-03-01 0 days 1,667 sqft
    2024-04-01 0 days 1,645 sqft
    2024-05-01 0 days 1,555 sqft
    2024-06-01 0 days 1,652 sqft
    2024-07-01 0 days 1,689 sqft
    2024-08-01 0 days 1,652 sqft
    2024-09-01 0 days 1,614 sqft
    2024-10-01 0 days 1,678 sqft
    2024-11-01 0 days 1,670 sqft
    Poplar Bluff's median listing age (time on market) for 2024-11-01 was 0 days.

    Poplar Bluff's median square footage for active listings during the 2024-11-01 period was 1,670 sqft. One year prior, the average listing was 1,627 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.