Sheboygan VA Loan Rates, Closing Costs & Stats

SHEBOYGAN, WI

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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.

    Sheboygan's 31 lenders originated 88 VA loans during 2023. The total origination value was $21,190,000, with an average VA loan value of $240,795.

    Sheboygan VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Sheboygan averaged 6.52% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Sheboygan's average VA mortgage closing costs are $5,090.

    The average rate for the prior week (2025-02-07) was 6.35% and one month ago for the week of 2025-01-10, the average rate was 6.69%.

    The average rate one year ago was 6.61%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.23%.

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

    Sheboygan 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 Sheboygan level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 21 6.98% $5,087
    UNITED WHOLESALE MORTGAGE, LLC 5 6.75% $8,158
    UNION HOME MORTGAGE CORP. 5 7.08% $2,828
    NAVY FEDERAL CREDIT UNION 5 6.10% $6,614
    USAA Federal Savings Bank 4 6.44% $7,345
    LOANDEPOT.COM, LLC 3 6.75% $10,812
    QUICKEN LOANS, LLC 3 6.00% $7,964
    NEW DAY FINANCIAL, LLC 3 7.21% $6,439
    FREEDOM MORTGAGE CORPORATION 3 7.25% $16,179
    Barrington Bank & Trust Company, N.A. 3 6.25% $10,865
    CMG MORTGAGE, INC. 2 7.13% $5,251
    PENNYMAC LOAN SERVICES, LLC 2 5.75% $3,007
    ENVOY MORTGAGE, LTD 2 7.19% $1,564
    U.S. Bank 2 6.13% $11,338
    CIBM Bank 2 6.88% $2,356
    NEWREZ LLC 2 7.50% $6,448
    Paramount Residential Mortgage Group, Inc. 2 6.44% $3,364
    V.I.P. MORTGAGE, INC. 1 6.75% $3,220
    Bank of England 1 6.25% $12,458
    BROKER SOLUTIONS, INC. 1 5.63% $7,026
    CARDINAL FINANCIAL 1 7.25% $6,140
    FLAT BRANCH MORTGAGE, INC. 1 6.63% $8,323
    MOVEMENT MORTGAGE, LLC 1 6.25% $5,325
    North American Savings Bank, F.S.B. 1 6.75% $11,289
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $2,572
    PREMIA MORTGAGE, LLC 1 7.25% $4,565
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $5,093
    Prosperity Home Mortgage, LLC 1 5.75% $1,989
    The Federal Savings Bank 1 6.75% $20,493
    VILLAGE CAPITAL MORTGAGE 1 5.38% $18,169
    A + MORTGAGE SERVICES, INC. 1 6.75% $3,326

    The top Sheboygan VA lender as defined by loan originations is Mortgage Research Center, LLC, with 21 VA loans originated. Their average total fees are $5,087, which is $3,072 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Sheboygan VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,087), .

    The lowest rate Sheboygan VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.98%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sheboygan (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 $196,700 (40.6%) $256,376 (21.9%) 0.00 358
    2018-02-01 $192,450 (32.8%) $251,430 (19.0%) 0.00 349
    2018-03-01 $199,900 (34.1%) $260,816 (19.4%) 0.00 376
    2018-04-01 $214,850 (34.4%) $273,351 (17.8%) 0.00 386
    2018-05-01 $217,500 (28.2%) $281,665 (18.1%) 0.00 386
    2018-06-01 $216,000 (25.3%) $280,808 (14.7%) 0.00 418
    2018-07-01 $218,250 (21.3%) $282,382 (10.3%) 0.00 428
    2018-08-01 $218,500 (21.1%) $275,417 (7.6%) 0.00 461
    2018-09-01 $204,941 (2.5%) $276,677 (4.9%) 0.00 461
    2018-10-01 $210,000 (0.1%) $277,356 (7.1%) 0.00 455
    2018-11-01 $210,000 (-1.8%) $273,263 (4.0%) 0.00 444
    2018-12-01 $199,900 (1.1%) $275,101 (7.1%) 0.00 367
    2019-01-01 $199,900 (1.6%) $271,813 (6.0%) 0.00 337
    2019-02-01 $199,900 (3.9%) $267,350 (6.3%) 0.00 338
    2019-03-01 $204,636 (2.4%) $268,585 (3.0%) 0.00 353
    2019-04-01 $227,200 (5.8%) $289,042 (5.7%) 0.00 378
    2019-05-01 $232,175 (6.8%) $290,434 (3.1%) 0.00 379
    2019-06-01 $209,800 (-2.9%) $275,693 (-1.8%) 0.00 415
    2019-07-01 $215,950 (-1.1%) $279,758 (-0.9%) 0.00 441
    2019-08-01 $214,914 (-1.6%) $276,436 (0.4%) 0.00 444
    2019-09-01 $214,934 (4.9%) $273,961 (-1.0%) 0.00 440
    2019-10-01 $214,923 (2.3%) $272,586 (-1.7%) 0.00 434
    2019-11-01 $227,450 (8.3%) $272,577 (-0.3%) 0.00 428
    2019-12-01 $225,250 (12.7%) $266,925 (-3.0%) 0.00 373
    2020-01-01 $224,950 (12.5%) $267,474 (-1.6%) 0.00 319
    2020-02-01 $227,000 (13.6%) $276,147 (3.3%) 0.00 323
    2020-03-01 $229,675 (12.2%) $283,829 (5.7%) 0.00 326
    2020-04-01 $237,700 (4.6%) $286,105 (-1.0%) 0.00 309
    2020-05-01 $237,450 (2.3%) $295,437 (1.7%) 0.00 309
    2020-06-01 $229,900 (9.6%) $298,153 (8.2%) 0.00 307
    2020-07-01 $227,000 (5.1%) $291,892 (4.3%) 0.00 318
    2020-08-01 $229,000 (6.6%) $291,534 (5.5%) 0.00 338
    2020-09-01 $213,575 (-0.6%) $282,683 (3.2%) 0.00 345
    2020-10-01 $199,900 (-7.0%) $275,310 (1.0%) 0.00 323
    2020-11-01 $199,900 (-12.1%) $271,203 (-0.5%) 0.00 291
    2020-12-01 $197,400 (-12.4%) $274,275 (2.8%) 0.00 249
    2021-01-01 $198,450 (-11.8%) $272,847 (2.0%) 0.00 213
    2021-02-01 $219,925 (-3.1%) $278,888 (1.0%) 0.00 194
    2021-03-01 $227,400 (-1.0%) $289,529 (2.0%) 0.00 204
    2021-04-01 $219,900 (-7.5%) $288,287 (0.8%) 0.00 221
    2021-05-01 $229,000 (-3.6%) $313,438 (6.1%) 0.00 259
    2021-06-01 $229,950 (0.0%) $312,114 (4.7%) 0.00 281
    2021-07-01 $229,950 (1.3%) $324,233 (11.1%) 0.00 279
    2021-08-01 $233,575 (2.0%) $309,657 (6.2%) 0.00 292
    2021-09-01 $236,825 (10.9%) $305,251 (8.0%) 0.00 289
    2021-10-01 $240,000 (20.1%) $306,729 (11.4%) 0.00 277
    2021-11-01 $249,900 (25.0%) $298,072 (9.9%) 0.00 239
    2021-12-01 $243,725 (23.5%) $291,835 (6.4%) 0.00 203
    2022-01-01 $239,000 (20.4%) $301,018 (10.3%) 0.00 164
    2022-02-01 $237,875 (8.2%) $297,633 (6.7%) 0.00 152
    2022-03-01 $243,325 (7.0%) $320,536 (10.7%) 0.00 140
    2022-04-01 $274,900 (25.0%) $331,616 (15.0%) 0.00 149
    2022-05-01 $292,475 (27.7%) $338,866 (8.1%) 0.00 198
    2022-06-01 $287,450 (25.0%) $350,265 (12.2%) 0.00 225
    2022-07-01 $279,950 (21.7%) $356,199 (9.9%) 0.00 224
    2022-08-01 $266,925 (14.3%) $352,060 (13.7%) 0.00 224
    2022-09-01 $269,900 (14.0%) $343,668 (12.6%) 0.00 226
    2022-10-01 $275,000 (14.6%) $348,406 (13.6%) 0.00 200
    2022-11-01 $276,225 (10.5%) $334,811 (12.3%) 0.00 191
    2022-12-01 $299,450 (22.9%) $335,468 (15.0%) 0.00 155
    2023-01-01 $307,200 (28.5%) $350,078 (16.3%) 0.00 131
    2023-02-01 $280,925 (18.1%) $350,338 (17.7%) 0.00 147
    2023-03-01 $340,400 (39.9%) $361,638 (12.8%) 0.00 149
    2023-04-01 $339,450 (23.5%) $353,376 (6.6%) 0.00 170
    2023-05-01 $339,475 (16.1%) $367,288 (8.4%) 0.00 179
    2023-06-01 $323,700 (12.6%) $360,848 (3.0%) 0.00 193
    2023-07-01 $322,400 (15.2%) $351,261 (-1.4%) 0.00 201
    2023-08-01 $323,675 (21.3%) $344,655 (-2.1%) 0.00 209
    2023-09-01 $347,000 (28.6%) $351,890 (2.4%) 0.00 191
    2023-10-01 $338,675 (23.2%) $352,476 (1.2%) 0.00 186
    2023-11-01 $334,950 (21.3%) $355,996 (6.3%) 0.00 177
    2023-12-01 $337,400 (12.7%) $362,003 (7.9%) 0.00 163
    2024-01-01 $353,675 (15.1%) $380,941 (8.8%) 0.00 127
    2024-02-01 $374,900 (33.5%) $443,281 (26.5%) 0.00 121
    2024-03-01 $350,000 (2.8%) $463,127 (28.1%) 0.00 127
    2024-04-01 $374,900 (10.4%) $472,119 (33.6%) 0.00 145
    2024-05-01 $389,900 (14.9%) $495,219 (34.8%) 0.00 191
    2024-06-01 $387,500 (19.7%) $498,528 (38.2%) 0.00 231
    2024-07-01 $368,425 (14.3%) $494,954 (40.9%) 0.00 231
    2024-08-01 $357,950 (10.6%) $497,952 (44.5%) 0.00 250
    2024-09-01 $341,850 (-1.5%) $492,223 (39.9%) 0.00 252
    2024-10-01 $338,675 (0.0%) $473,752 (34.4%) 0.00 249
    2024-11-01 $339,900 (1.5%) $462,057 (29.8%) 0.00 251
    2024-12-01 $347,200 (2.9%) $458,212 (26.6%) 0.00 202
    2025-01-01 $366,000 (3.5%) $505,319 (32.7%) 0.00 181
    Sheboygan's median listing price for 2025-01-01 was $366,000, a difference of $12,325 (3.5%) versus the prior year and $18,800 versus the prior month.

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

    Sheboygan's average listing price for 2025-01-01 was $505,319, a difference of $124,378 (32.7%) versus the prior year and $47,107 versus the prior month.

    For the 2025-01-01 period, Sheboygan had 181 MLS listings, a difference of -21 listings (-10%) versus the prior month and 54 listings (43%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sheboygan (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,674 sqft
    2018-02-01 0 days 1,674 sqft
    2018-03-01 0 days 1,687 sqft
    2018-04-01 0 days 1,729 sqft
    2018-05-01 0 days 1,724 sqft
    2018-06-01 0 days 1,751 sqft
    2018-07-01 0 days 1,754 sqft
    2018-08-01 0 days 1,694 sqft
    2018-09-01 0 days 1,665 sqft
    2018-10-01 0 days 1,678 sqft
    2018-11-01 0 days 1,701 sqft
    2018-12-01 0 days 1,686 sqft
    2019-01-01 0 days 1,682 sqft
    2019-02-01 0 days 1,621 sqft
    2019-03-01 0 days 1,589 sqft
    2019-04-01 0 days 1,575 sqft
    2019-05-01 0 days 1,591 sqft
    2019-06-01 0 days 1,606 sqft
    2019-07-01 0 days 1,649 sqft
    2019-08-01 0 days 1,643 sqft
    2019-09-01 0 days 1,631 sqft
    2019-10-01 0 days 1,633 sqft
    2019-11-01 0 days 1,602 sqft
    2019-12-01 0 days 1,618 sqft
    2020-01-01 0 days 1,647 sqft
    2020-02-01 0 days 1,634 sqft
    2020-03-01 0 days 1,627 sqft
    2020-04-01 0 days 1,690 sqft
    2020-05-01 0 days 1,687 sqft
    2020-06-01 0 days 1,722 sqft
    2020-07-01 0 days 1,680 sqft
    2020-08-01 0 days 1,678 sqft
    2020-09-01 0 days 1,617 sqft
    2020-10-01 0 days 1,596 sqft
    2020-11-01 0 days 1,551 sqft
    2020-12-01 0 days 1,531 sqft
    2021-01-01 0 days 1,546 sqft
    2021-02-01 0 days 1,569 sqft
    2021-03-01 0 days 1,582 sqft
    2021-04-01 0 days 1,570 sqft
    2021-05-01 0 days 1,616 sqft
    2021-06-01 0 days 1,643 sqft
    2021-07-01 0 days 1,571 sqft
    2021-08-01 0 days 1,569 sqft
    2021-09-01 0 days 1,624 sqft
    2021-10-01 0 days 1,632 sqft
    2021-11-01 0 days 1,587 sqft
    2021-12-01 0 days 1,562 sqft
    2022-01-01 0 days 1,562 sqft
    2022-02-01 0 days 1,570 sqft
    2022-03-01 0 days 1,673 sqft
    2022-04-01 0 days 1,697 sqft
    2022-05-01 0 days 1,711 sqft
    2022-06-01 0 days 1,739 sqft
    2022-07-01 0 days 1,744 sqft
    2022-08-01 0 days 1,688 sqft
    2022-09-01 0 days 1,702 sqft
    2022-10-01 0 days 1,685 sqft
    2022-11-01 0 days 1,623 sqft
    2022-12-01 0 days 1,648 sqft
    2023-01-01 0 days 1,633 sqft
    2023-02-01 0 days 1,603 sqft
    2023-03-01 0 days 1,580 sqft
    2023-04-01 0 days 1,569 sqft
    2023-05-01 0 days 1,616 sqft
    2023-06-01 0 days 1,642 sqft
    2023-07-01 0 days 1,604 sqft
    2023-08-01 0 days 1,571 sqft
    2023-09-01 0 days 1,539 sqft
    2023-10-01 0 days 1,564 sqft
    2023-11-01 0 days 1,572 sqft
    2023-12-01 0 days 1,589 sqft
    2024-01-01 0 days 1,561 sqft
    2024-02-01 0 days 1,515 sqft
    2024-03-01 0 days 1,542 sqft
    2024-04-01 0 days 1,575 sqft
    2024-05-01 0 days 1,598 sqft
    2024-06-01 0 days 1,696 sqft
    2024-07-01 0 days 1,666 sqft
    2024-08-01 0 days 1,649 sqft
    2024-09-01 0 days 1,607 sqft
    2024-10-01 0 days 1,602 sqft
    2024-11-01 0 days 1,641 sqft
    2024-12-01 0 days 1,625 sqft
    2025-01-01 0 days 1,634 sqft
    Sheboygan's median listing age (time on market) for 2025-01-01 was 0 days.

    Sheboygan's median square footage for active listings during the 2025-01-01 period was 1,634 sqft. One year prior, the average listing was 1,561 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.