Pueblo VA Loan Rates, Closing Costs & Stats

PUEBLO, CO

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.

Pueblo's 100 lenders originated 630 VA loans during 2023. The total origination value was $208,010,000, with an average VA loan value of $330,175.

Pueblo VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Pueblo averaged 6.8% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

Pueblo's average VA mortgage closing costs are $6,327.

The average rate for the prior week (2024-04-05) was 6.45% and one month ago for the week of 2024-03-08, the average rate was 6.58%.

The average rate one year ago was 5.67%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.93%.

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

Pueblo 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 Pueblo level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 97 6.59% $5,850
UNITED WHOLESALE MORTGAGE, LLC 94 6.05% $7,855
MORTGAGE SOLUTIONS OF COLORADO, LLC 38 6.64% $7,724
QUICKEN LOANS, LLC 34 6.19% $12,787
GUARANTEED RATE, INC. 33 6.07% $7,576
CORNERSTONE HOME LENDING, INC. 12 4.24% $4,975
LOANDEPOT.COM, LLC 12 6.09% $12,450
Ent Credit Union 12 5.82% $5,944
PENNYMAC LOAN SERVICES, LLC 11 5.75% $9,655
HOMEAMERICAN MORTGAGE CORPORATION 9 5.51% $4,196
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.08% $8,681
NAVY FEDERAL CREDIT UNION 9 5.93% $4,363
MOVEMENT MORTGAGE, LLC 9 6.64% $11,970
AMERICAN FINANCIAL NETWORK, INC. 8 6.30% $7,372
ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 6.61% $6,939
FREEDOM MORTGAGE CORPORATION 8 6.42% $11,730
AMERICAN PACIFIC MORTGAGE CORPORATION 7 6.18% $13,713
NFM, INC. 7 5.98% $12,766
VILLAGE CAPITAL MORTGAGE 6 5.86% $8,098
PREMIER MORTGAGE SERVICES, INC. 6 6.21% $10,638
CARDINAL FINANCIAL 6 6.40% $16,543
MASON MCDUFFIE MORTGAGE CORPORATION 5 6.75% $9,234
INTERCAP LENDING INC. 5 6.60% $2,793
UNIVERSAL LENDING CORPORATION 5 6.85% $3,823
THRIVE MORTGAGE, LLC 5 6.65% $10,089
USAA Federal Savings Bank 5 6.23% $15,864
CROSSCOUNTRY MORTGAGE, LLC 5 6.45% $8,329
NEWREZ LLC 5 6.75% $10,340
Equity Prime Mortgage LLC 5 6.90% $6,465
Mr. Cooper ( Nationstar Mortgage ) 4 5.69% $15,106
NBH Bank 4 6.00% $9,192
Plains Commerce Bank 4 6.19% $9,532
BROKER SOLUTIONS, INC. 4 6.38% $12,741
Mid-Continent Funding, Inc. 4 6.25% $10,066
The Central Trust Bank 4 6.59% $9,081
MID AMERICA MORTGAGE, INC. 4 6.25% $3,217
NEW DAY FINANCIAL, LLC 3 7.46% $8,592
AXIA FINANCIAL, LLC 3 6.63% $4,340
Barrington Bank & Trust Company, N.A. 3 6.92% $11,725
CMG MORTGAGE, INC. 3 6.00% $7,929
Northpointe Bank 3 6.04% $9,630
PLANET HOME LENDING, LLC 3 6.21% $11,628
Century Mortgage Company DBA Century Lending Company 2 6.63% $15,992
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.38% $14,143
The Federal Savings Bank 2 6.50% $10,368
MUTUAL OF OMAHA MORTGAGE, INC. 2 5.94% $7,946
BAY EQUITY LLC 2 6.75% $7,785
DAS Acquisition Company, LLC 2 7.25% $9,332
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 5.94% $10,431
JPMorgan Chase Bank 2 5.31% $8,616
Ixonia Bank 2 6.56% $12,939
LOANPAL, LLC 2 5.44% $19,489
Lakeview Community Capital, LLC 2 5.75% $16,139
U.S. Bank 2 6.63% $2,652
Midwest Mortgage Associates Corporation 2 6.13% $16,401
Sunflower Bank 2 6.94% $5,932
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 2 6.69% $15,444
HUNT MORTGAGE CORPORATION 2 6.06% $10,821
ENDEAVOR CAPITAL, LLC. 1 6.13% $18,863
DRAPER AND KRAMER MORTGAGE CORP. 1 6.75% $2,748
North American Savings Bank, F.S.B. 1 5.63% $15,857
Wells Fargo Bank 1 5.25% $12,671
NP, Inc. 1 7.63% $2,709
OPEN MORTGAGE, LLC 1 6.13% $9,222
Citizens Bank 1 6.00% $10,075
ZILLOW HOME LOANS, LLC 1 6.63% $1,865
PLAZA HOME MORTGAGE, INC. 1 6.49% $5,578
PREMIA MORTGAGE, LLC 1 5.50% $2,372
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $12,917
CALIBER HOME LOANS, INC. 1 7.25% $16,414
S1L, Inc. 1 7.13% $28,664
SECURITYNATIONAL MORTGAGE COMPANY 1 6.13% $20,449
Servion, Inc. 1 6.75% $12,906
SOVEREIGN LENDING GROUP INCORPORATED 1 5.50% $32,192
SUN WEST MORTGAGE COMPANY, INC. 1 7.82% $5,368
BNC National Bank 1 5.75% $10,030
The Huntington National Bank 1 5.38% $875
TOWNE MORTGAGE COMPANY 1 5.13% $19,645
TruHome Solutions, LLC 1 6.63% $6,403
UNION HOME MORTGAGE CORP. 1 6.13% $3,701
AMERISAVE MORTGAGE CORPORATION 1 6.75% $22,628
American Mortgage & Equity Consultants, Inc. 1 5.63% $3,050
AMERICAN FINANCING CORPORATION 1 7.25% $10,965
V.I.P. MORTGAGE, INC. 1 6.12% $5,122
Armed Forces Bank 1 5.75% $16,609
LAKEVIEW LOAN SERVICING, LLC 1 5.75% $9,997
LEADERONE FINANCIAL CORPORATION 1 7.13% $6,051
HOMESIDE FINANCIAL, LLC 1 7.25% $8,290
Loan Simple, Inc. 1 6.63% $10,456
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.75% $15,277
GUILD MORTGAGE COMPANY 1 7.63% $10,948
GUARANTEED RATE AFFINITY, LLC 1 5.65% $1,334
GROUP MORTGAGE, LLC 1 6.25% $0
GENEVA FINANCIAL, LLC 1 7.75% $22,835
FLAT BRANCH MORTGAGE, INC. 1 7.63% $3,054
Flagstar Bank, FSB 1 6.75% $23,856
First Western Trust Bank 1 6.13% $5,748
FIRST COMMUNITY MORTGAGE, INC. 1 7.63% $7,429
NBKC BANK 1 5.63% $2,950
ACADEMY MORTGAGE CORPORATION 1 5.25% $9,842

The top Pueblo VA lender as defined by loan originations is Mortgage Research Center, LLC, with 97 VA loans originated. Their average total fees are $5,850, which is $2,005 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Pueblo VA lenders (with over 10 loans originated) are CORNERSTONE HOME LENDING, INC. ($4,975), Mortgage Research Center, LLC ($5,850), Ent Credit Union ($5,944), GUARANTEED RATE, INC. ($7,576) and MORTGAGE SOLUTIONS OF COLORADO, LLC ($7,724).

The lowest rate Pueblo VA lenders (with over 10 loans originated) are CORNERSTONE HOME LENDING, INC. (4.24%), PENNYMAC LOAN SERVICES, LLC (5.75%), Ent Credit Union (5.82%), UNITED WHOLESALE MORTGAGE, LLC (6.05%) and GUARANTEED RATE, INC. (6.07%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Pueblo (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 $239,900 (15.3%) $315,392 (16.1%) 0.89 387
2018-02-01 $239,950 (20.0%) $322,342 (20.9%) 0.87 364
2018-03-01 $249,450 (22.0%) $330,762 (18.8%) 0.88 371
2018-04-01 $249,950 (16.3%) $342,182 (21.1%) 0.85 369
2018-05-01 $249,900 (13.6%) $343,896 (9.4%) 0.83 380
2018-06-01 $250,000 (7.0%) $346,266 (12.8%) 0.83 434
2018-07-01 $266,381 (15.9%) $350,480 (17.5%) 0.89 467
2018-08-01 $255,000 (11.4%) $335,715 (14.0%) 0.85 511
2018-09-01 $249,950 (9.5%) $327,047 (11.2%) 0.84 542
2018-10-01 $249,929 (9.4%) $327,170 (4.7%) 0.85 527
2018-11-01 $249,900 (6.9%) $327,630 (2.8%) 0.85 515
2018-12-01 $244,900 (4.2%) $319,330 (-0.8%) 0.84 477
2019-01-01 $239,950 (0.0%) $316,624 (0.4%) 0.83 446
2019-02-01 $248,725 (3.7%) $320,990 (-0.4%) 0.84 429
2019-03-01 $258,471 (3.6%) $332,450 (0.5%) 0.85 414
2019-04-01 $269,625 (7.9%) $345,360 (0.9%) 0.86 393
2019-05-01 $272,450 (9.0%) $350,605 (2.0%) 0.85 349
2019-06-01 $254,450 (1.8%) $341,161 (-1.5%) 0.80 357
2019-07-01 $247,250 (-7.2%) $337,344 (-3.8%) 0.77 389
2019-08-01 $252,200 (-1.1%) $333,026 (-0.8%) 0.80 411
2019-09-01 $248,150 (-0.7%) $323,849 (-1.0%) 0.79 447
2019-10-01 $244,950 (-2.0%) $315,885 (-3.5%) 0.79 469
2019-11-01 $239,900 (-4.0%) $313,934 (-4.2%) 0.79 411
2019-12-01 $252,450 (3.1%) $337,646 (5.7%) 0.84 366
2020-01-01 $259,900 (8.3%) $356,929 (12.7%) 0.87 343
2020-02-01 $275,000 (10.6%) $378,752 (18.0%) 0.90 293
2020-03-01 $282,400 (9.3%) $395,671 (19.0%) 0.89 268
2020-04-01 $278,675 (3.4%) $393,768 (14.0%) 0.87 279
2020-05-01 $296,750 (8.9%) $387,630 (10.6%) 0.90 285
2020-06-01 $286,275 (12.5%) $387,367 (13.5%) 0.84 263
2020-07-01 $304,750 (23.3%) $430,774 (27.7%) 0.88 229
2020-08-01 $317,450 (25.9%) $459,565 (38.0%) 0.91 229
2020-09-01 $302,225 (21.8%) $469,348 (44.9%) 0.87 235
2020-10-01 $312,000 (27.4%) $496,818 (57.3%) 0.89 215
2020-11-01 $304,175 (26.8%) $493,841 (57.3%) 0.89 196
2020-12-01 $303,650 (20.3%) $511,692 (51.6%) 0.90 172
2021-01-01 $305,900 (17.7%) $531,495 (48.9%) 0.91 141
2021-02-01 $332,000 (20.7%) $535,886 (41.5%) 0.97 150
2021-03-01 $323,375 (14.5%) $524,877 (32.7%) 0.92 152
2021-04-01 $330,825 (18.7%) $528,583 (34.2%) 0.90 174
2021-05-01 $324,900 (9.5%) $501,093 (29.3%) 0.86 200
2021-06-01 $332,475 (16.1%) $484,801 (25.2%) 0.88 239
2021-07-01 $340,000 (11.6%) $450,850 (4.7%) 0.90 314
2021-08-01 $334,000 (5.2%) $444,139 (-3.4%) 0.89 381
2021-09-01 $334,950 (10.8%) $449,135 (-4.3%) 0.89 360
2021-10-01 $329,900 (5.7%) $450,091 (-9.4%) 0.88 341
2021-11-01 $347,450 (14.2%) $440,782 (-10.7%) 0.93 366
2021-12-01 $348,975 (14.9%) $450,472 (-12.0%) 0.95 328
2022-01-01 $339,450 (11.0%) $444,435 (-16.4%) 0.92 271
2022-02-01 $365,000 (9.9%) $442,473 (-17.4%) 0.95 232
2022-03-01 $362,554 (12.1%) $412,637 (-21.4%) 0.91 211
2022-04-01 $374,750 (13.3%) $431,803 (-18.3%) 0.89 275
2022-05-01 $394,900 (21.6%) $461,759 (-7.9%) 0.90 317
2022-06-01 $399,900 (20.3%) $459,047 (-5.3%) 0.89 388
2022-07-01 $399,900 (17.6%) $444,149 (-1.5%) 0.90 513
2022-08-01 $397,899 (19.1%) $445,911 (0.4%) 0.92 558
2022-09-01 $389,950 (16.4%) $440,521 (-1.9%) 0.91 583
2022-10-01 $375,000 (13.7%) $433,696 (-3.6%) 0.88 630
2022-11-01 $359,238 (3.4%) $416,955 (-5.4%) 0.86 664
2022-12-01 $349,900 (0.3%) $411,609 (-8.6%) 0.86 621
2023-01-01 $348,450 (2.7%) $418,626 (-5.8%) 0.86 570
2023-02-01 $347,425 (-4.8%) $416,949 (-5.8%) 0.84 549
2023-03-01 $351,750 (-3.0%) $428,062 (3.7%) 0.83 517
2023-04-01 $365,000 (-2.6%) $445,880 (3.3%) 0.85 508
2023-05-01 $377,811 (-4.3%) $462,638 (0.2%) 0.86 502
2023-06-01 $379,900 (-5.0%) $451,792 (-1.6%) 0.85 533
2023-07-01 $379,900 (-5.0%) $439,824 (-1.0%) 0.86 546
2023-08-01 $369,900 (-7.0%) $421,459 (-5.5%) 0.85 630
2023-09-01 $369,000 (-5.4%) $404,096 (-8.3%) 0.86 638
2023-10-01 $363,450 (-3.1%) $416,622 (-3.9%) 0.86 661
2023-11-01 $350,000 (-2.6%) $396,153 (-5.0%) 0.83 652
2023-12-01 $349,900 (0.0%) $382,528 (-7.1%) 0.85 616
2024-01-01 $349,950 (0.4%) $377,933 (-9.7%) 0.85 600
2024-02-01 $359,950 (3.6%) $387,679 (-7.0%) 0.87 611
2024-03-01 $363,900 (3.5%) $387,917 (-9.4%) 0.86 615
Pueblo's median listing price for 2024-03-01 was $363,900, a difference of $12,150 (3.5%) versus the prior year and $3,950 versus the prior month.

Pueblo's median listing price comes in at 86% of the national average.

Pueblo's average listing price for 2024-03-01 was $387,917, a difference of $-40,145 (-9.4%) versus the prior year and $238 versus the prior month.

For the 2024-03-01 period, Pueblo had 615 MLS listings, a difference of 4 listings (1%) versus the prior month and 98 listings (19%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Pueblo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 57 days 1,959 sqft
2018-02-01 45 days 1,991 sqft
2018-03-01 40 days 2,088 sqft
2018-04-01 40 days 2,102 sqft
2018-05-01 40 days 2,113 sqft
2018-06-01 38 days 2,064 sqft
2018-07-01 37 days 2,110 sqft
2018-08-01 43 days 2,022 sqft
2018-09-01 45 days 2,028 sqft
2018-10-01 48 days 1,946 sqft
2018-11-01 51 days 1,897 sqft
2018-12-01 62 days 1,893 sqft
2019-01-01 66 days 1,859 sqft
2019-02-01 50 days 1,901 sqft
2019-03-01 45 days 2,053 sqft
2019-04-01 41 days 2,188 sqft
2019-05-01 38 days 2,202 sqft
2019-06-01 36 days 2,058 sqft
2019-07-01 37 days 2,057 sqft
2019-08-01 39 days 2,076 sqft
2019-09-01 40 days 2,012 sqft
2019-10-01 39 days 1,970 sqft
2019-11-01 45 days 1,953 sqft
2019-12-01 58 days 2,042 sqft
2020-01-01 56 days 2,014 sqft
2020-02-01 44 days 1,993 sqft
2020-03-01 35 days 1,975 sqft
2020-04-01 36 days 1,872 sqft
2020-05-01 38 days 2,040 sqft
2020-06-01 32 days 2,026 sqft
2020-07-01 34 days 2,171 sqft
2020-08-01 32 days 2,146 sqft
2020-09-01 27 days 2,118 sqft
2020-10-01 30 days 2,121 sqft
2020-11-01 33 days 1,940 sqft
2020-12-01 36 days 1,870 sqft
2021-01-01 32 days 1,976 sqft
2021-02-01 19 days 1,908 sqft
2021-03-01 24 days 1,864 sqft
2021-04-01 27 days 1,875 sqft
2021-05-01 24 days 1,950 sqft
2021-06-01 21 days 1,917 sqft
2021-07-01 23 days 1,930 sqft
2021-08-01 25 days 2,008 sqft
2021-09-01 27 days 1,897 sqft
2021-10-01 27 days 1,910 sqft
2021-11-01 26 days 1,833 sqft
2021-12-01 40 days 1,785 sqft
2022-01-01 44 days 1,754 sqft
2022-02-01 27 days 1,752 sqft
2022-03-01 22 days 1,766 sqft
2022-04-01 16 days 1,732 sqft
2022-05-01 28 days 1,780 sqft
2022-06-01 29 days 1,765 sqft
2022-07-01 29 days 1,872 sqft
2022-08-01 38 days 1,901 sqft
2022-09-01 43 days 1,949 sqft
2022-10-01 43 days 1,987 sqft
2022-11-01 46 days 1,980 sqft
2022-12-01 59 days 1,920 sqft
2023-01-01 70 days 1,904 sqft
2023-02-01 61 days 1,853 sqft
2023-03-01 47 days 1,861 sqft
2023-04-01 43 days 1,884 sqft
2023-05-01 41 days 1,973 sqft
2023-06-01 45 days 1,976 sqft
2023-07-01 48 days 1,981 sqft
2023-08-01 47 days 1,945 sqft
2023-09-01 47 days 1,965 sqft
2023-10-01 53 days 1,945 sqft
2023-11-01 56 days 1,893 sqft
2023-12-01 65 days 1,872 sqft
2024-01-01 73 days 1,851 sqft
2024-02-01 64 days 1,898 sqft
2024-03-01 56 days 1,908 sqft
Pueblo's median listing age (time on market) for 2024-03-01 was 56 days. This is 20% longer than the same period one year ago.

Pueblo's median square footage for active listings during the 2024-03-01 period was 1,908 sqft. One year prior, the average listing was 1,861 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.