Rolla VA Loan Rates, Closing Costs & Stats

Rolla, MO

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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.

    Rolla's 30 lenders originated 98 VA loans during 2024. The total origination value was $25,730,000, with an average VA loan value of $262,551.

    Rolla VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Rolla averaged 0.68% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Rolla's average VA mortgage closing costs are $4,780.

    The average rate for the prior week (2025-06-13) was 7.13% and one month ago for the week of 2025-05-16, the average rate was 7.09%.

    The average rate one year ago was 7.09%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0%.

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

    Rolla 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 Rolla level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 18 6.28% $4,030
    FLAT BRANCH MORTGAGE, INC. 11 6.76% $4,604
    FREEDOM MORTGAGE CORPORATION 9 6.11% $3,659
    USAA Federal Savings Bank 7 6.11% $7,247
    GUILD MORTGAGE COMPANY 5 6.53% $8,957
    QUICKEN LOANS, LLC 4 6.18% $12,500
    PENNYMAC LOAN SERVICES, LLC 3 5.75% $4,728
    VILLAGE CAPITAL MORTGAGE 3 6.37% $2,222
    BROKER SOLUTIONS, INC. 3 6.08% $5,684
    NEW DAY FINANCIAL, LLC 3 7.62% $7,006
    The Central Trust Bank 3 6.38% $9,795
    DAS Acquisition Company, LLC 3 7.08% $401
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.25% $3,272
    SUN WEST MORTGAGE COMPANY, INC. 2 5.54% $3,144
    UNITED WHOLESALE MORTGAGE, LLC 2 7.00% $1,282
    Carrington Mortgage Services, LLC 2 5.69% $12,186
    LOANDEPOT.COM, LLC 1 7.13% $1,825
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.25% $575
    CMG MORTGAGE, INC. 1 6.13% $3,687
    CROSSCOUNTRY MORTGAGE, LLC 1 5.50% $31,609
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.25% $3,339
    First Federal Bank 1 6.25% $2,698
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.75% $3,278
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $988
    LAKEVIEW LOAN SERVICING, LLC 1 5.75% $5,419
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.50% $3,834
    NAVY FEDERAL CREDIT UNION 1 6.25% $2,212
    NEWREZ LLC 1 6.25% $6,198
    PLAZA HOME MORTGAGE, INC. 1 6.50% $11,755
    Servion, Inc. 1 6.25% $3,327

    The top Rolla VA lender as defined by loan originations is Mortgage Research Center, LLC, with 18 VA loans originated. Their average total fees are $4,030, which is $574 lower than the next largest lender, FLAT BRANCH MORTGAGE, INC..

    The lowest fee Rolla VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,030), FLAT BRANCH MORTGAGE, INC. ($4,604), .

    The lowest rate Rolla VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.28%), FLAT BRANCH MORTGAGE, INC. (6.76%), .

    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.