Riverton VA Loan Rates, Closing Costs & Stats

Riverton, WY

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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.

    Riverton's 23 lenders originated 45 VA loans during 2023. The total origination value was $12,735,000, with an average VA loan value of $283,000.

    Riverton VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Riverton averaged 6.53% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Riverton's average VA mortgage closing costs are $5,451.

    The average rate for the prior week (2024-12-06) was 6.37% and one month ago for the week of 2024-11-08, the average rate was 6.76%.

    The average rate one year ago was 6.61%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.18%.

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

    Riverton 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 Riverton level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 13 6.71% $5,274
    QUICKEN LOANS, LLC 3 6.08% $16,431
    USAA Federal Savings Bank 3 6.29% $4,519
    Wallick & Volk, Inc. 2 7.44% $8,431
    Magnolia Bank 2 6.00% $11,456
    PENNYMAC LOAN SERVICES, LLC 2 6.56% $11,834
    The Federal Savings Bank 2 6.63% $7,350
    UNITED WHOLESALE MORTGAGE, LLC 2 6.39% $8,588
    GUILD MORTGAGE COMPANY 1 6.00% $3,380
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.13% $6,453
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $15,666
    NEW DAY FINANCIAL, LLC 1 8.49% $20,792
    PENTAGON FEDERAL CREDIT UNION 1 6.88% $7,773
    VERITAS FUNDING, LLC 1 5.25% $25,094
    Barrington Bank & Trust Company, N.A. 1 5.75% $2,969
    Wells Fargo Bank 1 5.63% $2,940
    BROKER SOLUTIONS, INC. 1 5.25% $19,125
    CENTENNIAL LENDING, LLC 1 6.25% $7,298
    CRESCENT MORTGAGE COMPANY 1 7.00% $4,644
    Equity Prime Mortgage LLC 1 7.25% $7,411
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $7,357
    Gateway First Bank 1 6.75% $3,258
    GUARANTEED RATE, INC. 1 6.18% $7,185

    The top Riverton VA lender as defined by loan originations is Mortgage Research Center, LLC, with 13 VA loans originated. Their average total fees are $5,274, which is $11,157 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Riverton VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,274), .

    The lowest rate Riverton VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.71%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Riverton (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 $245,000 (23.2%) $307,341 (12.0%) 0.00 297
    2018-02-01 $235,000 (18.0%) $300,481 (6.7%) 0.00 305
    2018-03-01 $229,000 (15.1%) $294,495 (3.7%) 0.00 313
    2018-04-01 $229,000 (11.7%) $285,971 (-1.2%) 0.00 320
    2018-05-01 $239,000 (9.9%) $288,545 (0.0%) 0.00 320
    2018-06-01 $242,500 (9.9%) $298,227 (1.7%) 0.00 320
    2018-07-01 $244,875 (9.7%) $301,117 (1.4%) 0.00 319
    2018-08-01 $236,000 (4.2%) $302,713 (2.3%) 0.00 313
    2018-09-01 $230,000 (2.2%) $300,703 (1.9%) 0.00 308
    2018-10-01 $229,900 (1.1%) $293,254 (-2.2%) 0.00 300
    2018-11-01 $229,950 (-2.2%) $302,970 (2.3%) 0.00 291
    2018-12-01 $235,000 (2.6%) $307,478 (6.5%) 0.00 275
    2019-01-01 $229,925 (-6.2%) $299,137 (-2.7%) 0.00 266
    2019-02-01 $217,000 (-7.7%) $288,384 (-4.0%) 0.00 273
    2019-03-01 $221,000 (-3.5%) $288,040 (-2.2%) 0.00 261
    2019-04-01 $229,000 (0.0%) $286,051 (0.0%) 0.00 266
    2019-05-01 $229,000 (-4.2%) $279,633 (-3.1%) 0.00 296
    2019-06-01 $229,000 (-5.6%) $284,881 (-4.5%) 0.00 318
    2019-07-01 $230,000 (-6.1%) $289,789 (-3.8%) 0.00 321
    2019-08-01 $230,727 (-2.2%) $287,029 (-5.2%) 0.00 312
    2019-09-01 $230,318 (0.1%) $282,698 (-6.0%) 0.00 298
    2019-10-01 $234,545 (2.0%) $285,536 (-2.6%) 0.00 273
    2019-11-01 $242,500 (5.5%) $296,033 (-2.3%) 0.00 242
    2019-12-01 $239,000 (1.7%) $294,417 (-4.3%) 0.00 225
    2020-01-01 $239,000 (4.0%) $295,640 (-1.2%) 0.00 211
    2020-02-01 $234,950 (8.3%) $290,193 (0.6%) 0.00 213
    2020-03-01 $229,975 (4.1%) $290,459 (0.8%) 0.00 212
    2020-04-01 $224,925 (-1.8%) $283,597 (-0.9%) 0.00 198
    2020-05-01 $219,000 (-4.4%) $285,955 (2.3%) 0.00 214
    2020-06-01 $219,875 (-4.0%) $306,884 (7.7%) 0.00 251
    2020-07-01 $239,000 (3.9%) $316,996 (9.4%) 0.00 261
    2020-08-01 $245,000 (6.2%) $324,829 (13.2%) 0.00 237
    2020-09-01 $248,950 (8.1%) $335,793 (18.8%) 0.00 214
    2020-10-01 $245,000 (4.5%) $333,970 (17.0%) 0.00 198
    2020-11-01 $245,000 (1.0%) $320,245 (8.2%) 0.00 177
    2020-12-01 $245,500 (2.7%) $319,775 (8.6%) 0.00 167
    2021-01-01 $245,000 (2.5%) $310,960 (5.2%) 0.00 154
    2021-02-01 $241,500 (2.8%) $316,225 (9.0%) 0.00 144
    2021-03-01 $250,750 (9.0%) $345,704 (19.0%) 0.00 144
    2021-04-01 $265,000 (17.8%) $367,060 (29.4%) 0.00 137
    2021-05-01 $265,000 (21.0%) $367,879 (28.7%) 0.00 143
    2021-06-01 $295,750 (34.5%) $400,545 (30.5%) 0.00 144
    2021-07-01 $289,000 (20.9%) $531,201 (67.6%) 0.00 143
    2021-08-01 $278,500 (13.7%) $406,319 (25.1%) 0.00 135
    2021-09-01 $315,000 (26.5%) $429,747 (28.0%) 0.00 137
    2021-10-01 $319,450 (30.4%) $435,027 (30.3%) 0.00 144
    2021-11-01 $315,000 (28.6%) $431,902 (34.9%) 0.00 126
    2021-12-01 $319,900 (30.3%) $439,481 (37.4%) 0.00 102
    2022-01-01 $317,450 (29.6%) $449,311 (44.5%) 0.00 83
    2022-02-01 $350,000 (44.9%) $466,447 (47.5%) 0.00 75
    2022-03-01 $371,250 (48.1%) $476,325 (37.8%) 0.00 79
    2022-04-01 $399,500 (50.8%) $534,711 (45.7%) 0.00 93
    2022-05-01 $381,750 (44.1%) $503,399 (36.8%) 0.00 95
    2022-06-01 $375,000 (26.8%) $516,126 (28.9%) 0.00 112
    2022-07-01 $382,500 (32.4%) $504,646 (-5.0%) 0.00 131
    2022-08-01 $385,000 (38.2%) $636,398 (56.6%) 0.00 139
    2022-09-01 $359,500 (14.1%) $597,560 (39.1%) 0.00 144
    2022-10-01 $359,500 (12.5%) $622,231 (43.0%) 0.00 131
    2022-11-01 $352,250 (11.8%) $627,451 (45.3%) 0.00 128
    2022-12-01 $347,500 (8.6%) $544,094 (23.8%) 0.00 116
    2023-01-01 $308,000 (-3.0%) $507,565 (13.0%) 0.00 111
    2023-02-01 $326,000 (-6.9%) $514,953 (10.4%) 0.00 102
    2023-03-01 $323,000 (-13.0%) $523,014 (9.8%) 0.00 95
    2023-04-01 $367,000 (-8.1%) $541,080 (1.2%) 0.00 96
    2023-05-01 $376,750 (-1.3%) $512,117 (1.7%) 0.00 128
    2023-06-01 $375,000 (0.0%) $530,114 (2.7%) 0.00 145
    2023-07-01 $379,000 (-0.9%) $525,712 (4.2%) 0.00 158
    2023-08-01 $396,000 (2.9%) $521,841 (-18.0%) 0.00 160
    2023-09-01 $375,000 (4.3%) $553,269 (-7.4%) 0.00 181
    2023-10-01 $375,000 (4.3%) $562,565 (-9.6%) 0.00 185
    2023-11-01 $394,625 (12.0%) $562,305 (-10.4%) 0.00 151
    2023-12-01 $360,000 (3.6%) $535,425 (-1.6%) 0.00 137
    2024-01-01 $349,250 (13.4%) $496,474 (-2.2%) 0.00 121
    2024-02-01 $348,500 (6.9%) $483,203 (-6.2%) 0.00 129
    2024-03-01 $357,500 (10.7%) $497,806 (-4.8%) 0.00 133
    2024-04-01 $377,500 (2.9%) $542,397 (0.2%) 0.00 148
    2024-05-01 $381,250 (1.2%) $582,449 (13.7%) 0.00 161
    2024-06-01 $425,000 (13.3%) $605,694 (14.3%) 0.00 176
    2024-07-01 $449,450 (18.6%) $633,119 (20.4%) 0.00 193
    2024-08-01 $449,900 (13.6%) $672,267 (28.8%) 0.00 190
    2024-09-01 $487,500 (30.0%) $698,035 (26.2%) 0.00 175
    2024-10-01 $495,000 (32.0%) $725,406 (29.0%) 0.00 162
    2024-11-01 $499,000 (26.5%) $791,664 (40.8%) 0.00 131
    Riverton's median listing price for 2024-11-01 was $499,000, a difference of $104,375 (26.5%) versus the prior year and $4,000 versus the prior month.

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

    Riverton's average listing price for 2024-11-01 was $791,664, a difference of $229,359 (40.8%) versus the prior year and $66,258 versus the prior month.

    For the 2024-11-01 period, Riverton had 131 MLS listings, a difference of -31 listings (-19%) versus the prior month and -20 listings (-13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Riverton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,920 sqft
    2018-02-01 0 days 1,920 sqft
    2018-03-01 0 days 1,920 sqft
    2018-04-01 0 days 1,847 sqft
    2018-05-01 0 days 1,878 sqft
    2018-06-01 0 days 1,920 sqft
    2018-07-01 0 days 1,920 sqft
    2018-08-01 0 days 1,920 sqft
    2018-09-01 0 days 1,922 sqft
    2018-10-01 0 days 1,923 sqft
    2018-11-01 0 days 1,931 sqft
    2018-12-01 0 days 1,939 sqft
    2019-01-01 0 days 1,941 sqft
    2019-02-01 0 days 1,920 sqft
    2019-03-01 0 days 1,949 sqft
    2019-04-01 0 days 1,998 sqft
    2019-05-01 0 days 2,012 sqft
    2019-06-01 0 days 1,987 sqft
    2019-07-01 0 days 1,957 sqft
    2019-08-01 0 days 1,965 sqft
    2019-09-01 0 days 1,944 sqft
    2019-10-01 0 days 1,974 sqft
    2019-11-01 0 days 2,016 sqft
    2019-12-01 0 days 2,016 sqft
    2020-01-01 0 days 2,012 sqft
    2020-02-01 0 days 1,978 sqft
    2020-03-01 0 days 1,966 sqft
    2020-04-01 0 days 1,931 sqft
    2020-05-01 0 days 1,912 sqft
    2020-06-01 0 days 1,924 sqft
    2020-07-01 0 days 1,959 sqft
    2020-08-01 0 days 1,991 sqft
    2020-09-01 0 days 1,990 sqft
    2020-10-01 0 days 2,040 sqft
    2020-11-01 0 days 2,068 sqft
    2020-12-01 0 days 2,027 sqft
    2021-01-01 0 days 1,987 sqft
    2021-02-01 0 days 1,976 sqft
    2021-03-01 0 days 2,003 sqft
    2021-04-01 0 days 1,997 sqft
    2021-05-01 0 days 1,920 sqft
    2021-06-01 0 days 1,964 sqft
    2021-07-01 0 days 1,976 sqft
    2021-08-01 0 days 1,807 sqft
    2021-09-01 0 days 1,854 sqft
    2021-10-01 0 days 1,875 sqft
    2021-11-01 0 days 1,903 sqft
    2021-12-01 0 days 1,920 sqft
    2022-01-01 0 days 1,843 sqft
    2022-02-01 0 days 1,825 sqft
    2022-03-01 0 days 1,905 sqft
    2022-04-01 0 days 2,063 sqft
    2022-05-01 0 days 2,011 sqft
    2022-06-01 0 days 1,950 sqft
    2022-07-01 0 days 1,928 sqft
    2022-08-01 0 days 1,966 sqft
    2022-09-01 0 days 1,967 sqft
    2022-10-01 0 days 1,971 sqft
    2022-11-01 0 days 1,965 sqft
    2022-12-01 0 days 1,940 sqft
    2023-01-01 0 days 1,954 sqft
    2023-02-01 0 days 1,925 sqft
    2023-03-01 0 days 1,955 sqft
    2023-04-01 0 days 2,014 sqft
    2023-05-01 0 days 2,040 sqft
    2023-06-01 0 days 2,028 sqft
    2023-07-01 0 days 2,016 sqft
    2023-08-01 0 days 2,043 sqft
    2023-09-01 0 days 2,096 sqft
    2023-10-01 0 days 2,059 sqft
    2023-11-01 0 days 2,110 sqft
    2023-12-01 0 days 2,032 sqft
    2024-01-01 0 days 2,000 sqft
    2024-02-01 0 days 2,000 sqft
    2024-03-01 0 days 2,148 sqft
    2024-04-01 0 days 2,089 sqft
    2024-05-01 0 days 2,158 sqft
    2024-06-01 0 days 2,102 sqft
    2024-07-01 0 days 2,158 sqft
    2024-08-01 0 days 2,092 sqft
    2024-09-01 0 days 2,122 sqft
    2024-10-01 0 days 2,125 sqft
    2024-11-01 0 days 2,201 sqft
    Riverton's median listing age (time on market) for 2024-11-01 was 0 days.

    Riverton's median square footage for active listings during the 2024-11-01 period was 2,201 sqft. One year prior, the average listing was 2,110 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.