Riverton VA Loan Rates, Closing Costs & Stats

Riverton, WY

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 0.36% for the week of 2024-11-29, compared to the national average (all VA variants) of 0% for the same period.

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

The average rate for the prior week (2024-11-22) was 6.43% and one month ago for the week of 2024-10-25, the average rate was 6.42%.

The average rate one year ago was 7.26%.

For refis of the same type during the week of 2024-11-29, the average rate was 0.1%.

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
Riverton's median listing price for 2024-10-01 was $495,000, a difference of $120,000 (32.0%) versus the prior year and $7,500 versus the prior month.

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

Riverton's average listing price for 2024-10-01 was $725,406, a difference of $162,841 (29.0%) versus the prior year and $27,371 versus the prior month.

For the 2024-10-01 period, Riverton had 162 MLS listings, a difference of -13 listings (-7%) versus the prior month and -23 listings (-12%) 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
Riverton's median listing age (time on market) for 2024-10-01 was 0 days.

Riverton's median square footage for active listings during the 2024-10-01 period was 2,125 sqft. One year prior, the average listing was 2,059 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.