Pullman VA Loan Rates, Closing Costs & Stats

Pullman, WA

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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.

    Pullman's 14 lenders originated 30 VA loans during 2023. The total origination value was $9,250,000, with an average VA loan value of $308,333.

    Pullman VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pullman averaged 6.73% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

    Pullman's average VA mortgage closing costs are $5,834.

    The average rate for the prior week (2024-04-05) was 6.48% and one month ago for the week of 2024-03-08, the average rate was 6.51%.

    The average rate one year ago was 6.21%.

    For refis of the same type during the week of 2024-04-12, the average rate was 6.57%.

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

    Pullman 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 Pullman level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 10 7.18% $5,903
    QUICKEN LOANS, LLC 4 6.25% $8,598
    UNITED WHOLESALE MORTGAGE, LLC 3 5.98% $7,176
    CHURCHILL MORTGAGE CORPORATION 1 6.25% $9,023
    CMG MORTGAGE, INC. 1 6.25% $26,185
    MOVEMENT MORTGAGE, LLC 1 6.13% $4,113
    NEWREZ LLC 1 6.25% $8,899
    PENTAGON FEDERAL CREDIT UNION 1 6.50% $3,448
    PRIORITY HOME LENDING, LLC 1 6.13% $6,515
    The Federal Savings Bank 1 7.13% $16,829
    AMERISAVE MORTGAGE CORPORATION 1 5.00% $11,073
    Wells Fargo Bank 1 6.63% $1,742
    Barrington Bank & Trust Company, N.A. 1 6.25% $5,271
    Century Mortgage Company DBA Century Lending Company 1 6.25% $11,668

    The top Pullman VA lender as defined by loan originations is Mortgage Research Center, LLC, with 10 VA loans originated. Their average total fees are $5,903, which is $2,695 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Pullman VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,903), .

    The lowest rate Pullman VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (7.18%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pullman (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 $238,750 (33.4%) $243,313 (13.9%) 0.00 86
    2018-02-01 $242,200 (14.8%) $250,089 (8.6%) 0.00 113
    2018-03-01 $255,000 (16.3%) $262,061 (10.8%) 0.00 151
    2018-04-01 $249,875 (8.6%) $259,803 (7.7%) 0.00 163
    2018-05-01 $254,750 (8.4%) $271,608 (11.1%) 0.00 147
    2018-06-01 $252,000 (1.1%) $273,690 (9.7%) 0.00 121
    2018-07-01 $249,900 (3.1%) $269,441 (8.9%) 0.00 153
    2018-08-01 $249,900 (0.3%) $263,200 (3.4%) 0.00 153
    2018-09-01 $252,000 (1.2%) $264,804 (6.1%) 0.00 139
    2018-10-01 $254,675 (2.1%) $273,095 (9.8%) 0.00 119
    2018-11-01 $257,250 (3.2%) $270,835 (7.9%) 0.00 112
    2018-12-01 $245,000 (2.1%) $257,291 (4.0%) 0.00 96
    2019-01-01 $275,250 (15.3%) $284,320 (16.9%) 0.00 89
    2019-02-01 $278,500 (15.0%) $296,354 (18.5%) 0.00 104
    2019-03-01 $291,886 (14.5%) $310,509 (18.5%) 0.00 95
    2019-04-01 $314,700 (25.9%) $327,663 (26.1%) 0.00 91
    2019-05-01 $307,975 (20.9%) $323,177 (19.0%) 0.00 99
    2019-06-01 $295,000 (17.1%) $320,453 (17.1%) 0.00 112
    2019-07-01 $305,750 (22.4%) $321,544 (19.3%) 0.00 117
    2019-08-01 $286,818 (14.8%) $304,999 (15.9%) 0.00 122
    2019-09-01 $274,545 (9.0%) $296,139 (11.8%) 0.00 120
    2019-10-01 $266,364 (4.6%) $290,232 (6.3%) 0.00 112
    2019-11-01 $269,000 (4.6%) $291,183 (7.5%) 0.00 99
    2019-12-01 $253,125 (3.3%) $276,342 (7.4%) 0.00 75
    2020-01-01 $256,750 (-6.7%) $283,772 (-0.2%) 0.00 72
    2020-02-01 $285,000 (2.3%) $328,344 (10.8%) 0.00 85
    2020-03-01 $313,500 (7.4%) $350,875 (13.0%) 0.00 90
    2020-04-01 $329,949 (4.9%) $356,998 (9.0%) 0.00 97
    2020-05-01 $302,500 (-1.8%) $339,878 (5.2%) 0.00 94
    2020-06-01 $302,250 (2.5%) $332,182 (3.7%) 0.00 78
    2020-07-01 $322,450 (5.5%) $344,576 (7.2%) 0.00 79
    2020-08-01 $292,000 (1.8%) $338,062 (10.8%) 0.00 73
    2020-09-01 $290,750 (5.9%) $323,080 (9.1%) 0.00 79
    2020-10-01 $305,500 (14.7%) $336,484 (15.9%) 0.00 70
    2020-11-01 $323,650 (20.3%) $347,058 (19.2%) 0.00 64
    2020-12-01 $312,500 (23.5%) $335,661 (21.5%) 0.00 63
    2021-01-01 $324,900 (26.5%) $340,899 (20.1%) 0.00 48
    2021-02-01 $356,950 (25.3%) $359,079 (9.4%) 0.00 48
    2021-03-01 $364,923 (16.4%) $368,870 (5.1%) 0.00 45
    2021-04-01 $330,000 (0.0%) $357,331 (0.1%) 0.00 49
    2021-05-01 $359,000 (18.7%) $418,088 (23.0%) 0.00 39
    2021-06-01 $349,000 (15.5%) $391,482 (17.9%) 0.00 52
    2021-07-01 $345,000 (7.0%) $389,875 (13.2%) 0.00 53
    2021-08-01 $336,875 (15.4%) $380,872 (12.7%) 0.00 48
    2021-09-01 $323,350 (11.2%) $377,940 (17.0%) 0.00 42
    2021-10-01 $329,000 (7.7%) $393,875 (17.1%) 0.00 41
    2021-11-01 $348,000 (7.5%) $417,522 (20.3%) 0.00 40
    2021-12-01 $349,500 (11.8%) $418,658 (24.7%) 0.00 41
    2022-01-01 $350,000 (7.7%) $412,024 (20.9%) 0.00 36
    2022-02-01 $382,000 (7.0%) $450,196 (25.4%) 0.00 42
    2022-03-01 $411,000 (12.6%) $453,315 (22.9%) 0.00 36
    2022-04-01 $367,000 (11.2%) $452,224 (26.6%) 0.00 47
    2022-05-01 $399,000 (11.1%) $537,862 (28.7%) 0.00 64
    2022-06-01 $398,450 (14.2%) $500,735 (27.9%) 0.00 75
    2022-07-01 $390,000 (13.0%) $475,222 (21.9%) 0.00 81
    2022-08-01 $407,475 (21.0%) $475,454 (24.8%) 0.00 83
    2022-09-01 $405,000 (25.3%) $475,095 (25.7%) 0.00 83
    2022-10-01 $389,000 (18.2%) $461,530 (17.2%) 0.00 84
    2022-11-01 $375,000 (7.8%) $456,043 (9.2%) 0.00 83
    2022-12-01 $382,450 (9.4%) $473,675 (13.1%) 0.00 77
    2023-01-01 $414,500 (18.4%) $480,786 (16.7%) 0.00 69
    2023-02-01 $415,000 (8.6%) $495,411 (10.0%) 0.00 63
    2023-03-01 $473,375 (15.2%) $525,476 (15.9%) 0.00 67
    2023-04-01 $469,000 (27.8%) $533,726 (18.0%) 0.00 63
    2023-05-01 $457,975 (14.8%) $532,641 (-1.0%) 0.00 77
    2023-06-01 $470,950 (18.2%) $535,420 (6.9%) 0.00 91
    2023-07-01 $482,500 (23.7%) $528,998 (11.3%) 0.00 94
    2023-08-01 $450,000 (10.4%) $513,501 (8.0%) 0.00 99
    2023-09-01 $456,000 (12.6%) $500,891 (5.4%) 0.00 105
    2023-10-01 $426,125 (9.5%) $481,136 (4.3%) 0.00 93
    2023-11-01 $435,000 (16.0%) $488,212 (7.1%) 0.00 91
    2023-12-01 $439,000 (14.8%) $504,458 (6.5%) 0.00 77
    2024-01-01 $473,125 (14.1%) $554,175 (15.3%) 0.00 73
    2024-02-01 $465,875 (12.3%) $534,598 (7.9%) 0.00 77
    2024-03-01 $450,000 (-4.9%) $489,366 (-6.9%) 0.00 94
    Pullman's median listing price for 2024-03-01 was $450,000, a difference of $-23,375 (-4.9%) versus the prior year and $-15,875 versus the prior month.

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

    Pullman's average listing price for 2024-03-01 was $489,366, a difference of $-36,110 (-6.9%) versus the prior year and $-45,232 versus the prior month.

    For the 2024-03-01 period, Pullman had 94 MLS listings, a difference of 17 listings (22%) versus the prior month and 27 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pullman (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,088 sqft
    2018-02-01 0 days 2,047 sqft
    2018-03-01 0 days 1,903 sqft
    2018-04-01 0 days 1,907 sqft
    2018-05-01 0 days 2,008 sqft
    2018-06-01 0 days 1,949 sqft
    2018-07-01 0 days 1,914 sqft
    2018-08-01 0 days 1,884 sqft
    2018-09-01 0 days 1,876 sqft
    2018-10-01 0 days 1,915 sqft
    2018-11-01 0 days 1,968 sqft
    2018-12-01 0 days 1,872 sqft
    2019-01-01 0 days 1,900 sqft
    2019-02-01 0 days 1,972 sqft
    2019-03-01 0 days 2,124 sqft
    2019-04-01 0 days 2,333 sqft
    2019-05-01 0 days 2,233 sqft
    2019-06-01 0 days 2,200 sqft
    2019-07-01 0 days 2,179 sqft
    2019-08-01 0 days 2,151 sqft
    2019-09-01 0 days 2,179 sqft
    2019-10-01 0 days 2,197 sqft
    2019-11-01 0 days 2,112 sqft
    2019-12-01 0 days 2,037 sqft
    2020-01-01 0 days 2,076 sqft
    2020-02-01 0 days 2,279 sqft
    2020-03-01 0 days 2,335 sqft
    2020-04-01 0 days 2,361 sqft
    2020-05-01 0 days 2,262 sqft
    2020-06-01 0 days 2,178 sqft
    2020-07-01 0 days 2,349 sqft
    2020-08-01 0 days 2,224 sqft
    2020-09-01 0 days 1,930 sqft
    2020-10-01 0 days 2,108 sqft
    2020-11-01 0 days 2,181 sqft
    2020-12-01 0 days 2,072 sqft
    2021-01-01 0 days 2,021 sqft
    2021-02-01 0 days 2,148 sqft
    2021-03-01 0 days 2,373 sqft
    2021-04-01 0 days 2,227 sqft
    2021-05-01 0 days 2,288 sqft
    2021-06-01 0 days 2,410 sqft
    2021-07-01 0 days 2,400 sqft
    2021-08-01 0 days 2,147 sqft
    2021-09-01 0 days 2,297 sqft
    2021-10-01 0 days 2,390 sqft
    2021-11-01 0 days 2,355 sqft
    2021-12-01 0 days 2,141 sqft
    2022-01-01 0 days 2,012 sqft
    2022-02-01 0 days 2,316 sqft
    2022-03-01 0 days 2,158 sqft
    2022-04-01 0 days 2,108 sqft
    2022-05-01 0 days 2,163 sqft
    2022-06-01 0 days 2,208 sqft
    2022-07-01 0 days 2,174 sqft
    2022-08-01 0 days 2,213 sqft
    2022-09-01 0 days 2,193 sqft
    2022-10-01 0 days 2,125 sqft
    2022-11-01 0 days 2,109 sqft
    2022-12-01 0 days 2,109 sqft
    2023-01-01 0 days 2,052 sqft
    2023-02-01 0 days 2,034 sqft
    2023-03-01 0 days 2,109 sqft
    2023-04-01 0 days 2,218 sqft
    2023-05-01 0 days 2,284 sqft
    2023-06-01 0 days 2,274 sqft
    2023-07-01 0 days 2,386 sqft
    2023-08-01 0 days 2,279 sqft
    2023-09-01 0 days 2,396 sqft
    2023-10-01 0 days 2,327 sqft
    2023-11-01 0 days 2,381 sqft
    2023-12-01 0 days 2,351 sqft
    2024-01-01 0 days 2,403 sqft
    2024-02-01 0 days 2,373 sqft
    2024-03-01 0 days 2,353 sqft
    Pullman's median listing age (time on market) for 2024-03-01 was 0 days.

    Pullman's median square footage for active listings during the 2024-03-01 period was 2,353 sqft. One year prior, the average listing was 2,109 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.