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
6.27%
for the week of 2024-10-25, compared to the national average (all VA variants) of
6.14% for the same period.
Pueblo's average VA mortgage closing costs are $6,327.
The average rate for the prior week (2024-10-18) was
5.98% and
one month ago for the week of 2024-09-20, the
average rate was 5.28%.
The average rate one year ago was 7.5%.
For refis of the same type during the week of 2024-10-25, the average rate
was 6.49%.
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%).
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.