Roswell VA Loan Rates, Closing Costs & Stats

Roswell, NM

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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.

    Roswell's 25 lenders originated 83 VA loans during 2024. The total origination value was $21,885,000, with an average VA loan value of $263,675.

    Roswell VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Roswell averaged 6.75% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Roswell's average VA mortgage closing costs are $5,790.

    The average rate for the prior week (2025-03-28) was 6.47% and one month ago for the week of 2025-02-28, the average rate was 6.44%.

    The average rate one year ago was 6.95%.

    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.

    Roswell 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 Roswell level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    CMG MORTGAGE, INC. 15 6.07% $9,460
    Mortgage Research Center, LLC 15 6.30% $7,901
    QUICKEN LOANS, LLC 6 6.24% $11,536
    UNITED WHOLESALE MORTGAGE, LLC 6 6.23% $10,360
    FREEDOM MORTGAGE CORPORATION 4 6.31% $2,263
    USAA Federal Savings Bank 4 6.09% $3,912
    NAVY FEDERAL CREDIT UNION 4 5.75% $4,582
    BROKER SOLUTIONS, INC. 3 7.21% $11,056
    NEW DAY FINANCIAL, LLC 3 7.91% $6,993
    LOANDEPOT.COM, LLC 3 6.92% $9,143
    VILLAGE CAPITAL MORTGAGE 2 5.75% $5,183
    GUILD MORTGAGE COMPANY 2 6.69% $10,803
    PENNYMAC LOAN SERVICES, LLC 2 5.37% $15,788
    Wells Fargo Bank 1 6.25% $3,083
    Barrington Bank & Trust Company, N.A. 1 6.25% $2,101
    BOKF 1 6.63% $4,510
    Century Mortgage Company DBA Century Lending Company 1 6.50% $1,661
    CORNERSTONE HOME LENDING, INC. 1 6.25% $16,409
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.00% $0
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $5,335
    Prosperity Home Mortgage, LLC 1 6.88% $5,912
    SOUTHWEST STAGE FUNDING, LLC 1 5.38% $4,632
    Texana Bank 1 6.63% $2,352
    The Federal Savings Bank 1 7.13% $10,394
    AmeriHome Mortgage Company, LLC 1 6.13% $8,582

    The top Roswell VA lender as defined by loan originations is CMG MORTGAGE, INC., with 15 VA loans originated. Their average total fees are $9,460, which is $1,559 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Roswell VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,901), CMG MORTGAGE, INC. ($9,460), .

    The lowest rate Roswell VA lenders (with over 10 loans originated) are CMG MORTGAGE, INC. (6.07%), Mortgage Research Center, LLC (6.30%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Roswell (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 $160,000 (13.9%) $203,605 (-65.7%) 0.00 267
    2018-02-01 $163,750 (21.1%) $204,490 (8.6%) 0.00 269
    2018-03-01 $176,500 (26.1%) $208,997 (7.7%) 0.00 268
    2018-04-01 $185,225 (24.3%) $215,900 (8.6%) 0.00 270
    2018-05-01 $193,688 (35.8%) $215,376 (8.7%) 0.00 275
    2018-06-01 $185,000 (26.6%) $216,360 (9.5%) 0.00 295
    2018-07-01 $185,000 (19.6%) $215,778 (6.4%) 0.00 294
    2018-08-01 $185,000 (8.8%) $215,146 (2.2%) 0.00 279
    2018-09-01 $183,000 (11.8%) $211,042 (6.1%) 0.00 271
    2018-10-01 $182,500 (10.6%) $204,263 (0.8%) 0.00 261
    2018-11-01 $181,250 (9.9%) $206,999 (1.9%) 0.00 252
    2018-12-01 $189,000 (18.1%) $221,017 (7.2%) 0.00 242
    2019-01-01 $195,450 (22.2%) $222,829 (9.4%) 0.00 226
    2019-02-01 $202,000 (23.4%) $223,648 (9.4%) 0.00 216
    2019-03-01 $202,564 (14.8%) $222,190 (6.3%) 0.00 202
    2019-04-01 $193,238 (4.3%) $223,159 (3.4%) 0.00 201
    2019-05-01 $189,500 (-2.2%) $218,623 (1.5%) 0.00 198
    2019-06-01 $189,475 (2.4%) $215,113 (-0.6%) 0.00 173
    2019-07-01 $182,950 (-1.1%) $211,229 (-2.1%) 0.00 156
    2019-08-01 $191,318 (3.4%) $218,513 (1.6%) 0.00 156
    2019-09-01 $199,295 (8.9%) $227,908 (8.0%) 0.00 156
    2019-10-01 $204,614 (12.1%) $234,895 (15.0%) 0.00 157
    2019-11-01 $209,700 (15.7%) $243,875 (17.8%) 0.00 156
    2019-12-01 $186,750 (-1.2%) $228,888 (3.6%) 0.00 144
    2020-01-01 $181,150 (-7.3%) $215,423 (-3.3%) 0.00 138
    2020-02-01 $191,250 (-5.3%) $238,895 (6.8%) 0.00 124
    2020-03-01 $179,975 (-11.2%) $232,375 (4.6%) 0.00 134
    2020-04-01 $206,250 (6.7%) $245,687 (10.1%) 0.00 135
    2020-05-01 $197,000 (4.0%) $239,437 (9.5%) 0.00 118
    2020-06-01 $205,750 (8.6%) $240,884 (12.0%) 0.00 116
    2020-07-01 $194,975 (6.6%) $230,792 (9.3%) 0.00 113
    2020-08-01 $180,000 (-5.9%) $223,425 (2.3%) 0.00 124
    2020-09-01 $176,250 (-11.6%) $224,941 (-1.3%) 0.00 120
    2020-10-01 $167,400 (-18.2%) $214,743 (-8.6%) 0.00 125
    2020-11-01 $164,975 (-21.3%) $206,213 (-15.4%) 0.00 124
    2020-12-01 $172,750 (-7.5%) $216,641 (-5.4%) 0.00 131
    2021-01-01 $165,000 (-8.9%) $208,624 (-3.2%) 0.00 113
    2021-02-01 $167,150 (-12.6%) $217,466 (-9.0%) 0.00 112
    2021-03-01 $189,750 (5.4%) $238,236 (2.5%) 0.00 106
    2021-04-01 $193,600 (-6.1%) $234,416 (-4.6%) 0.00 117
    2021-05-01 $199,900 (1.5%) $246,221 (2.8%) 0.00 123
    2021-06-01 $202,100 (-1.8%) $249,458 (3.6%) 0.00 135
    2021-07-01 $199,900 (2.5%) $239,907 (4.0%) 0.00 146
    2021-08-01 $199,975 (11.1%) $234,365 (4.9%) 0.00 165
    2021-09-01 $195,975 (11.2%) $224,197 (-0.3%) 0.00 157
    2021-10-01 $191,500 (14.4%) $222,286 (3.5%) 0.00 147
    2021-11-01 $202,500 (22.8%) $238,891 (15.9%) 0.00 136
    2021-12-01 $207,500 (20.1%) $244,023 (12.6%) 0.00 126
    2022-01-01 $230,000 (39.4%) $258,235 (23.8%) 0.00 127
    2022-02-01 $236,125 (41.3%) $276,227 (27.0%) 0.00 123
    2022-03-01 $226,500 (19.4%) $271,723 (14.1%) 0.00 124
    2022-04-01 $244,825 (26.5%) $271,704 (15.9%) 0.00 131
    2022-05-01 $253,750 (26.9%) $291,347 (18.3%) 0.00 145
    2022-06-01 $247,456 (22.4%) $284,311 (14.0%) 0.00 148
    2022-07-01 $241,000 (20.6%) $278,459 (16.1%) 0.00 169
    2022-08-01 $235,000 (17.5%) $269,508 (15.0%) 0.00 169
    2022-09-01 $235,000 (19.9%) $272,775 (21.7%) 0.00 169
    2022-10-01 $224,000 (17.0%) $266,594 (19.9%) 0.00 179
    2022-11-01 $225,000 (11.1%) $274,290 (14.8%) 0.00 179
    2022-12-01 $239,000 (15.2%) $278,518 (14.1%) 0.00 178
    2023-01-01 $237,000 (3.0%) $288,226 (11.6%) 0.00 166
    2023-02-01 $232,319 (-1.6%) $280,303 (1.5%) 0.00 152
    2023-03-01 $246,913 (9.0%) $284,274 (4.6%) 0.00 143
    2023-04-01 $269,450 (10.1%) $297,073 (9.3%) 0.00 137
    2023-05-01 $295,000 (16.3%) $309,704 (6.3%) 0.00 91
    2023-06-01 $260,000 (5.1%) $297,065 (4.5%) 0.00 107
    2023-07-01 $249,500 (3.5%) $299,671 (7.6%) 0.00 103
    2023-08-01 $240,000 (2.1%) $285,382 (5.9%) 0.00 122
    2023-09-01 $233,000 (-0.9%) $278,203 (2.0%) 0.00 131
    2023-10-01 $220,500 (-1.6%) $271,251 (1.8%) 0.00 139
    2023-11-01 $220,250 (-2.1%) $278,910 (1.7%) 0.00 145
    2023-12-01 $220,000 (-8.0%) $284,900 (2.3%) 0.00 144
    2024-01-01 $220,250 (-7.1%) $283,239 (-1.7%) 0.00 152
    2024-02-01 $225,000 (-3.2%) $284,526 (1.5%) 0.00 147
    2024-03-01 $239,000 (-3.2%) $289,941 (2.0%) 0.00 147
    2024-04-01 $262,475 (-2.6%) $303,487 (2.2%) 0.00 149
    2024-05-01 $267,250 (-9.4%) $307,866 (-0.6%) 0.00 158
    2024-06-01 $276,250 (6.3%) $310,920 (4.7%) 0.00 168
    2024-07-01 $293,450 (17.6%) $321,107 (7.2%) 0.00 186
    2024-08-01 $279,900 (16.6%) $319,571 (12.0%) 0.00 193
    2024-09-01 $283,200 (21.6%) $324,580 (16.7%) 0.00 192
    2024-10-01 $275,000 (24.7%) $321,624 (18.6%) 0.00 196
    2024-11-01 $270,000 (22.6%) $314,580 (12.8%) 0.00 199
    2024-12-01 $264,875 (20.4%) $302,393 (6.1%) 0.00 191
    2025-01-01 $267,250 (21.3%) $302,273 (6.7%) 0.00 183
    2025-02-01 $265,750 (18.1%) $299,007 (5.1%) 0.00 176
    2025-03-01 $285,250 (19.4%) $315,320 (8.8%) 0.00 160
    Roswell's median listing price for 2025-03-01 was $285,250, a difference of $46,250 (19.4%) versus the prior year and $19,500 versus the prior month.

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

    Roswell's average listing price for 2025-03-01 was $315,320, a difference of $25,379 (8.8%) versus the prior year and $16,313 versus the prior month.

    For the 2025-03-01 period, Roswell had 160 MLS listings, a difference of -16 listings (-9%) versus the prior month and 13 listings (9%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Roswell (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,971 sqft
    2018-02-01 0 days 1,975 sqft
    2018-03-01 0 days 1,961 sqft
    2018-04-01 0 days 1,976 sqft
    2018-05-01 0 days 2,050 sqft
    2018-06-01 0 days 2,024 sqft
    2018-07-01 0 days 2,004 sqft
    2018-08-01 0 days 1,940 sqft
    2018-09-01 0 days 1,911 sqft
    2018-10-01 0 days 1,911 sqft
    2018-11-01 0 days 1,941 sqft
    2018-12-01 0 days 1,973 sqft
    2019-01-01 0 days 1,991 sqft
    2019-02-01 0 days 2,007 sqft
    2019-03-01 0 days 2,024 sqft
    2019-04-01 0 days 2,043 sqft
    2019-05-01 0 days 2,009 sqft
    2019-06-01 0 days 2,000 sqft
    2019-07-01 0 days 1,957 sqft
    2019-08-01 0 days 1,984 sqft
    2019-09-01 0 days 2,024 sqft
    2019-10-01 0 days 2,061 sqft
    2019-11-01 0 days 2,105 sqft
    2019-12-01 0 days 1,909 sqft
    2020-01-01 0 days 1,879 sqft
    2020-02-01 0 days 1,935 sqft
    2020-03-01 0 days 1,863 sqft
    2020-04-01 0 days 1,974 sqft
    2020-05-01 0 days 1,967 sqft
    2020-06-01 0 days 1,990 sqft
    2020-07-01 0 days 1,900 sqft
    2020-08-01 0 days 1,866 sqft
    2020-09-01 0 days 1,808 sqft
    2020-10-01 0 days 1,729 sqft
    2020-11-01 0 days 1,661 sqft
    2020-12-01 0 days 1,711 sqft
    2021-01-01 0 days 1,672 sqft
    2021-02-01 0 days 1,720 sqft
    2021-03-01 0 days 1,881 sqft
    2021-04-01 0 days 1,892 sqft
    2021-05-01 0 days 1,912 sqft
    2021-06-01 0 days 1,889 sqft
    2021-07-01 0 days 1,832 sqft
    2021-08-01 0 days 1,805 sqft
    2021-09-01 0 days 1,728 sqft
    2021-10-01 0 days 1,731 sqft
    2021-11-01 0 days 1,744 sqft
    2021-12-01 0 days 1,753 sqft
    2022-01-01 0 days 1,820 sqft
    2022-02-01 0 days 1,902 sqft
    2022-03-01 0 days 1,815 sqft
    2022-04-01 0 days 1,815 sqft
    2022-05-01 0 days 1,910 sqft
    2022-06-01 0 days 1,875 sqft
    2022-07-01 0 days 1,886 sqft
    2022-08-01 0 days 1,842 sqft
    2022-09-01 0 days 1,858 sqft
    2022-10-01 0 days 1,889 sqft
    2022-11-01 0 days 1,959 sqft
    2022-12-01 0 days 1,930 sqft
    2023-01-01 0 days 1,944 sqft
    2023-02-01 0 days 1,923 sqft
    2023-03-01 0 days 1,965 sqft
    2023-04-01 0 days 2,105 sqft
    2023-05-01 0 days 2,154 sqft
    2023-06-01 0 days 2,095 sqft
    2023-07-01 0 days 2,154 sqft
    2023-08-01 0 days 2,073 sqft
    2023-09-01 0 days 1,965 sqft
    2023-10-01 0 days 1,927 sqft
    2023-11-01 0 days 1,824 sqft
    2023-12-01 0 days 1,766 sqft
    2024-01-01 0 days 1,776 sqft
    2024-02-01 0 days 1,760 sqft
    2024-03-01 0 days 1,800 sqft
    2024-04-01 0 days 1,875 sqft
    2024-05-01 0 days 1,960 sqft
    2024-06-01 0 days 1,984 sqft
    2024-07-01 0 days 1,989 sqft
    2024-08-01 0 days 1,981 sqft
    2024-09-01 0 days 1,968 sqft
    2024-10-01 0 days 1,931 sqft
    2024-11-01 0 days 1,964 sqft
    2024-12-01 0 days 1,974 sqft
    2025-01-01 0 days 2,031 sqft
    2025-02-01 0 days 1,994 sqft
    2025-03-01 0 days 2,090 sqft
    Roswell's median listing age (time on market) for 2025-03-01 was 0 days.

    Roswell's median square footage for active listings during the 2025-03-01 period was 2,090 sqft. One year prior, the average listing was 1,800 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.