Rock Springs VA Loan Rates, Closing Costs & Stats

Rock Springs, 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.

    Rock Springs's 21 lenders originated 64 VA loans during 2024. The total origination value was $20,020,000, with an average VA loan value of $312,813.

    Rock Springs VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Rock Springs averaged 6.26% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Rock Springs's average VA mortgage closing costs are $5,767.

    The average rate for the prior week (2025-03-28) was 6.48% and one month ago for the week of 2025-02-28, the average rate was 6.45%.

    The average rate one year ago was 6.56%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.16%.

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

    Rock Springs 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 Rock Springs level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 16 6.49% $6,909
    UNITED WHOLESALE MORTGAGE, LLC 7 5.91% $5,629
    QUICKEN LOANS, LLC 5 5.89% $9,154
    FREEDOM MORTGAGE CORPORATION 4 6.13% $12,135
    U.S. Bank 3 6.00% $5,201
    USAA Federal Savings Bank 3 6.50% $9,336
    NEWREZ LLC 3 6.42% $7,793
    NEW DAY FINANCIAL, LLC 2 7.56% $14,654
    CROSSCOUNTRY MORTGAGE, LLC 2 6.00% $3,969
    Barrington Bank & Trust Company, N.A. 2 5.50% $4,206
    Wells Fargo Bank 2 6.19% $5,426
    Paramount Residential Mortgage Group, Inc. 1 5.63% $4,082
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.00% $4,249
    GUILD MORTGAGE COMPANY 1 6.63% $19,237
    LAKEVIEW LOAN SERVICING, LLC 1 6.50% $4,407
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $10,258
    PENNYMAC LOAN SERVICES, LLC 1 6.00% $7,371
    PHH Mortgage Corporation 1 4.99% $9,422
    PLANET HOME LENDING, LLC 1 5.50% $4,256
    The Federal Savings Bank 1 6.75% $7,483
    VILLAGE CAPITAL MORTGAGE 1 5.75% $6,987

    The top Rock Springs VA lender as defined by loan originations is Mortgage Research Center, LLC, with 16 VA loans originated. Their average total fees are $6,909, which is $1,280 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Rock Springs VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,909), .

    The lowest rate Rock Springs VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.49%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Rock Springs (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 $229,900 (12.2%) $266,166 (13.2%) 0.00 231
    2018-02-01 $229,900 (13.6%) $267,415 (13.7%) 0.00 223
    2018-03-01 $242,000 (9.5%) $270,704 (10.8%) 0.00 217
    2018-04-01 $246,000 (5.8%) $278,099 (7.9%) 0.00 237
    2018-05-01 $243,450 (3.4%) $280,137 (9.4%) 0.00 229
    2018-06-01 $239,000 (-2.1%) $275,272 (4.6%) 0.00 259
    2018-07-01 $239,000 (-1.8%) $271,081 (4.6%) 0.00 261
    2018-08-01 $235,000 (-1.9%) $273,826 (7.3%) 0.00 260
    2018-09-01 $235,000 (-1.5%) $267,813 (4.9%) 0.00 261
    2018-10-01 $234,950 (3.6%) $264,177 (6.7%) 0.00 261
    2018-11-01 $231,450 (3.4%) $265,723 (5.5%) 0.00 243
    2018-12-01 $224,900 (-2.0%) $263,012 (1.2%) 0.00 228
    2019-01-01 $219,900 (-4.4%) $259,019 (-2.7%) 0.00 208
    2019-02-01 $219,925 (-4.3%) $258,331 (-3.4%) 0.00 221
    2019-03-01 $220,143 (-9.0%) $258,320 (-4.6%) 0.00 209
    2019-04-01 $224,900 (-8.6%) $258,401 (-7.1%) 0.00 196
    2019-05-01 $227,000 (-6.8%) $260,777 (-6.9%) 0.00 191
    2019-06-01 $229,900 (-3.8%) $262,644 (-4.6%) 0.00 191
    2019-07-01 $237,625 (-0.6%) $270,528 (-0.2%) 0.00 186
    2019-08-01 $239,818 (2.1%) $271,896 (-0.7%) 0.00 182
    2019-09-01 $244,420 (4.0%) $272,228 (1.7%) 0.00 185
    2019-10-01 $248,000 (5.6%) $272,648 (3.2%) 0.00 191
    2019-11-01 $248,000 (7.2%) $276,698 (4.1%) 0.00 170
    2019-12-01 $239,850 (6.7%) $279,898 (6.4%) 0.00 166
    2020-01-01 $235,225 (7.0%) $273,860 (5.7%) 0.00 169
    2020-02-01 $232,950 (5.9%) $272,153 (5.4%) 0.00 164
    2020-03-01 $228,450 (3.8%) $264,371 (2.3%) 0.00 175
    2020-04-01 $228,000 (1.4%) $273,004 (5.7%) 0.00 171
    2020-05-01 $228,000 (0.4%) $269,334 (3.3%) 0.00 173
    2020-06-01 $232,450 (1.1%) $274,001 (4.3%) 0.00 168
    2020-07-01 $234,075 (-1.5%) $273,309 (1.0%) 0.00 174
    2020-08-01 $232,400 (-3.1%) $274,601 (1.0%) 0.00 178
    2020-09-01 $234,950 (-3.9%) $268,217 (-1.5%) 0.00 179
    2020-10-01 $233,225 (-6.0%) $269,936 (-1.0%) 0.00 174
    2020-11-01 $228,500 (-7.9%) $266,933 (-3.5%) 0.00 159
    2020-12-01 $224,975 (-6.2%) $262,871 (-6.1%) 0.00 152
    2021-01-01 $224,900 (-4.4%) $259,206 (-5.4%) 0.00 139
    2021-02-01 $232,450 (-0.2%) $261,880 (-3.8%) 0.00 125
    2021-03-01 $225,250 (-1.4%) $258,488 (-2.2%) 0.00 117
    2021-04-01 $223,500 (-2.0%) $260,929 (-4.4%) 0.00 105
    2021-05-01 $219,000 (-4.0%) $273,993 (1.7%) 0.00 89
    2021-06-01 $219,750 (-5.5%) $269,502 (-1.6%) 0.00 98
    2021-07-01 $222,000 (-5.2%) $261,195 (-4.4%) 0.00 91
    2021-08-01 $220,000 (-5.3%) $264,879 (-3.5%) 0.00 92
    2021-09-01 $224,900 (-4.3%) $264,222 (-1.5%) 0.00 90
    2021-10-01 $227,500 (-2.5%) $260,237 (-3.6%) 0.00 84
    2021-11-01 $222,450 (-2.7%) $239,272 (-10.4%) 0.00 83
    2021-12-01 $226,550 (0.7%) $242,889 (-7.6%) 0.00 69
    2022-01-01 $225,000 (0.0%) $261,114 (0.7%) 0.00 64
    2022-02-01 $222,200 (-4.4%) $263,492 (0.6%) 0.00 57
    2022-03-01 $230,000 (2.1%) $274,711 (6.3%) 0.00 62
    2022-04-01 $238,000 (6.5%) $294,111 (12.7%) 0.00 58
    2022-05-01 $251,000 (14.6%) $316,710 (15.6%) 0.00 74
    2022-06-01 $229,000 (4.2%) $309,163 (14.7%) 0.00 69
    2022-07-01 $229,900 (3.6%) $333,715 (27.8%) 0.00 75
    2022-08-01 $236,000 (7.3%) $347,857 (31.3%) 0.00 83
    2022-09-01 $241,500 (7.4%) $342,061 (29.5%) 0.00 76
    2022-10-01 $249,450 (9.7%) $355,921 (36.8%) 0.00 68
    2022-11-01 $242,950 (9.2%) $349,909 (46.2%) 0.00 70
    2022-12-01 $255,000 (12.6%) $359,782 (48.1%) 0.00 66
    2023-01-01 $255,000 (13.3%) $335,143 (28.4%) 0.00 64
    2023-02-01 $282,925 (27.3%) $355,007 (34.7%) 0.00 62
    2023-03-01 $302,925 (31.7%) $367,813 (33.9%) 0.00 53
    2023-04-01 $291,000 (22.3%) $366,055 (24.5%) 0.00 56
    2023-05-01 $287,450 (14.5%) $344,901 (8.9%) 0.00 60
    2023-06-01 $314,975 (37.5%) $341,514 (10.5%) 0.00 69
    2023-07-01 $310,000 (34.8%) $340,790 (2.1%) 0.00 87
    2023-08-01 $309,975 (31.4%) $338,541 (-2.7%) 0.00 91
    2023-09-01 $315,000 (30.4%) $334,766 (-2.1%) 0.00 103
    2023-10-01 $311,875 (25.0%) $328,178 (-7.8%) 0.00 90
    2023-11-01 $296,000 (21.8%) $321,567 (-8.1%) 0.00 91
    2023-12-01 $289,000 (13.3%) $326,008 (-9.4%) 0.00 90
    2024-01-01 $289,250 (13.4%) $331,403 (-1.1%) 0.00 73
    2024-02-01 $283,750 (0.3%) $330,125 (-7.0%) 0.00 71
    2024-03-01 $280,000 (-7.6%) $335,838 (-8.7%) 0.00 69
    2024-04-01 $297,500 (2.2%) $353,181 (-3.5%) 0.00 72
    2024-05-01 $322,750 (12.3%) $378,667 (9.8%) 0.00 80
    2024-06-01 $322,000 (2.2%) $380,444 (11.4%) 0.00 84
    2024-07-01 $329,500 (6.3%) $391,846 (15.0%) 0.00 78
    2024-08-01 $330,000 (6.5%) $388,309 (14.7%) 0.00 85
    2024-09-01 $310,000 (-1.6%) $363,241 (8.5%) 0.00 87
    2024-10-01 $324,750 (4.1%) $379,032 (15.5%) 0.00 85
    2024-11-01 $339,000 (14.5%) $382,949 (19.1%) 0.00 86
    2024-12-01 $312,000 (8.0%) $374,833 (15.0%) 0.00 75
    2025-01-01 $332,175 (14.8%) $378,608 (14.2%) 0.00 73
    2025-02-01 $331,450 (16.8%) $379,950 (15.1%) 0.00 72
    2025-03-01 $362,500 (29.5%) $405,544 (20.8%) 0.00 69
    Rock Springs's median listing price for 2025-03-01 was $362,500, a difference of $82,500 (29.5%) versus the prior year and $31,050 versus the prior month.

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

    Rock Springs's average listing price for 2025-03-01 was $405,544, a difference of $69,706 (20.8%) versus the prior year and $25,594 versus the prior month.

    For the 2025-03-01 period, Rock Springs had 69 MLS listings, a difference of -3 listings (-4%) versus the prior month and 0 listings (0%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Rock Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,141 sqft
    2018-02-01 0 days 2,122 sqft
    2018-03-01 0 days 2,166 sqft
    2018-04-01 0 days 2,244 sqft
    2018-05-01 0 days 2,291 sqft
    2018-06-01 0 days 2,176 sqft
    2018-07-01 0 days 2,224 sqft
    2018-08-01 0 days 2,247 sqft
    2018-09-01 0 days 2,222 sqft
    2018-10-01 0 days 2,227 sqft
    2018-11-01 0 days 2,193 sqft
    2018-12-01 0 days 2,176 sqft
    2019-01-01 0 days 2,064 sqft
    2019-02-01 0 days 2,064 sqft
    2019-03-01 0 days 2,064 sqft
    2019-04-01 0 days 2,049 sqft
    2019-05-01 0 days 2,050 sqft
    2019-06-01 0 days 2,049 sqft
    2019-07-01 0 days 2,088 sqft
    2019-08-01 0 days 2,113 sqft
    2019-09-01 0 days 2,158 sqft
    2019-10-01 0 days 2,187 sqft
    2019-11-01 0 days 2,263 sqft
    2019-12-01 0 days 2,136 sqft
    2020-01-01 0 days 2,097 sqft
    2020-02-01 0 days 2,060 sqft
    2020-03-01 0 days 2,056 sqft
    2020-04-01 0 days 2,024 sqft
    2020-05-01 0 days 2,016 sqft
    2020-06-01 0 days 2,035 sqft
    2020-07-01 0 days 2,096 sqft
    2020-08-01 0 days 2,112 sqft
    2020-09-01 0 days 2,112 sqft
    2020-10-01 0 days 2,104 sqft
    2020-11-01 0 days 2,082 sqft
    2020-12-01 0 days 2,013 sqft
    2021-01-01 0 days 1,932 sqft
    2021-02-01 0 days 1,949 sqft
    2021-03-01 0 days 1,971 sqft
    2021-04-01 0 days 1,973 sqft
    2021-05-01 0 days 1,984 sqft
    2021-06-01 0 days 2,016 sqft
    2021-07-01 0 days 1,996 sqft
    2021-08-01 0 days 1,980 sqft
    2021-09-01 0 days 1,953 sqft
    2021-10-01 0 days 2,016 sqft
    2021-11-01 0 days 1,963 sqft
    2021-12-01 0 days 1,967 sqft
    2022-01-01 0 days 1,978 sqft
    2022-02-01 0 days 2,112 sqft
    2022-03-01 0 days 2,142 sqft
    2022-04-01 0 days 2,082 sqft
    2022-05-01 0 days 2,091 sqft
    2022-06-01 0 days 1,980 sqft
    2022-07-01 0 days 2,016 sqft
    2022-08-01 0 days 2,109 sqft
    2022-09-01 0 days 2,104 sqft
    2022-10-01 0 days 1,992 sqft
    2022-11-01 0 days 1,981 sqft
    2022-12-01 0 days 1,976 sqft
    2023-01-01 0 days 1,966 sqft
    2023-02-01 0 days 2,120 sqft
    2023-03-01 0 days 2,187 sqft
    2023-04-01 0 days 2,224 sqft
    2023-05-01 0 days 2,368 sqft
    2023-06-01 0 days 2,456 sqft
    2023-07-01 0 days 2,314 sqft
    2023-08-01 0 days 2,285 sqft
    2023-09-01 0 days 2,280 sqft
    2023-10-01 0 days 2,122 sqft
    2023-11-01 0 days 2,065 sqft
    2023-12-01 0 days 2,100 sqft
    2024-01-01 0 days 2,122 sqft
    2024-02-01 0 days 2,125 sqft
    2024-03-01 0 days 2,115 sqft
    2024-04-01 0 days 2,102 sqft
    2024-05-01 0 days 2,225 sqft
    2024-06-01 0 days 2,207 sqft
    2024-07-01 0 days 2,264 sqft
    2024-08-01 0 days 2,378 sqft
    2024-09-01 0 days 2,241 sqft
    2024-10-01 0 days 2,206 sqft
    2024-11-01 0 days 2,285 sqft
    2024-12-01 0 days 2,194 sqft
    2025-01-01 0 days 2,256 sqft
    2025-02-01 0 days 2,275 sqft
    2025-03-01 0 days 2,388 sqft
    Rock Springs's median listing age (time on market) for 2025-03-01 was 0 days.

    Rock Springs's median square footage for active listings during the 2025-03-01 period was 2,388 sqft. One year prior, the average listing was 2,115 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.