Show Low VA Loan Rates, Closing Costs & Stats

Show Low, AZ

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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.

    Show Low's 43 lenders originated 116 VA loans during 2023. The total origination value was $40,610,000, with an average VA loan value of $350,086.

    Show Low VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Show Low averaged 0.62% for the week of 2024-11-15, compared to the national average (all VA variants) of 0% for the same period.

    Show Low's average VA mortgage closing costs are $6,050.

    The average rate for the prior week (2024-11-08) was 6.82% and one month ago for the week of 2024-10-11, the average rate was 6.49%.

    The average rate one year ago was 7.68%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.6%.

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

    Show Low 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 Show Low level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 16 6.36% $11,399
    Mortgage Research Center, LLC 13 6.68% $7,619
    AMERICAN PACIFIC MORTGAGE CORPORATION 7 6.30% $19,675
    QUICKEN LOANS, LLC 6 6.37% $9,035
    V.I.P. MORTGAGE, INC. 5 7.13% $9,252
    GUILD MORTGAGE COMPANY 5 6.28% $14,924
    LOANDEPOT.COM, LLC 4 5.66% $18,434
    CMG MORTGAGE, INC. 3 7.00% $7,181
    Mr. Cooper ( Nationstar Mortgage ) 3 6.21% $13,660
    NAVY FEDERAL CREDIT UNION 3 6.13% $5,955
    FREEDOM MORTGAGE CORPORATION 3 6.08% $25,546
    Plains Commerce Bank 2 6.13% $11,487
    NEW DAY FINANCIAL, LLC 2 7.87% $20,821
    Equity Prime Mortgage LLC 2 7.69% $12,368
    Wells Fargo Bank 2 5.50% $1,245
    AMERISAVE MORTGAGE CORPORATION 2 5.75% $16,645
    AMERICAN FINANCIAL NETWORK, INC. 2 5.81% $6,235
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.19% $7,149
    ALTITUDE FINANCIAL CORPORATION 2 6.75% $12,383
    The Federal Savings Bank 1 6.38% $11,299
    USAA Federal Savings Bank 1 5.00% $12,632
    Wallick & Volk, Inc. 1 5.63% $9,283
    Waterstone Mortgage Corporation 1 5.75% $13,229
    ACADEMY MORTGAGE CORPORATION 1 5.88% $14,822
    Zions Bank 1 6.75% $22,698
    AXIA FINANCIAL, LLC 1 5.50% $12,371
    Barrington Bank & Trust Company, N.A. 1 6.25% $13,068
    Bell Bank 1 6.13% $4,726
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.63% $4,465
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.75% $13,663
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.50% $6,460
    INTERCAP LENDING INC. 1 5.88% $4
    Magnolia Bank 1 6.38% $13,401
    Mid-Continent Funding, Inc. 1 5.13% $22,077
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.75% $16,397
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $650
    NBKC BANK 1 6.13% $5,587
    NFM, INC. 1 5.63% $10,727
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.25% $7,408
    Paramount Residential Mortgage Group, Inc. 1 7.13% $8,289
    PENNYMAC LOAN SERVICES, LLC 1 5.25% $5,627
    SUN AMERICAN MORTGAGE COMPANY 1 6.99% $4,583
    SUN WEST MORTGAGE COMPANY, INC. 1 7.25% $5,951

    The top Show Low VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 16 VA loans originated. Their average total fees are $11,399, which is $3,780 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Show Low VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,619), UNITED WHOLESALE MORTGAGE, LLC ($11,399), .

    The lowest rate Show Low VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.36%), Mortgage Research Center, LLC (6.68%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Show Low (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 $269,675 (8.1%) $353,956 (3.3%) 0.00 616
    2018-02-01 $271,717 (8.9%) $348,740 (1.5%) 0.00 591
    2018-03-01 $269,900 (3.8%) $349,431 (-1.2%) 0.00 605
    2018-04-01 $282,000 (8.5%) $358,428 (0.3%) 0.00 679
    2018-05-01 $287,875 (8.6%) $366,186 (4.6%) 0.00 716
    2018-06-01 $293,000 (9.7%) $378,420 (8.1%) 0.00 757
    2018-07-01 $289,975 (7.4%) $370,141 (2.9%) 0.00 796
    2018-08-01 $297,250 (10.1%) $374,458 (3.9%) 0.00 791
    2018-09-01 $294,900 (9.2%) $376,212 (3.7%) 0.00 752
    2018-10-01 $299,300 (8.8%) $380,757 (3.0%) 0.00 681
    2018-11-01 $299,900 (11.5%) $376,259 (5.1%) 0.00 606
    2018-12-01 $295,750 (9.8%) $372,762 (4.3%) 0.00 552
    2019-01-01 $284,975 (5.7%) $371,861 (5.1%) 0.00 509
    2019-02-01 $281,950 (3.8%) $371,845 (6.6%) 0.00 520
    2019-03-01 $291,500 (8.0%) $378,439 (8.3%) 0.00 552
    2019-04-01 $297,125 (5.4%) $377,658 (5.4%) 0.00 596
    2019-05-01 $298,663 (3.8%) $374,997 (2.4%) 0.00 674
    2019-06-01 $294,450 (0.5%) $370,138 (-2.2%) 0.00 735
    2019-07-01 $279,769 (-3.5%) $353,063 (-4.6%) 0.00 749
    2019-08-01 $283,692 (-4.6%) $357,512 (-4.5%) 0.00 711
    2019-09-01 $289,771 (-1.7%) $363,628 (-3.3%) 0.00 650
    2019-10-01 $293,824 (-1.8%) $369,200 (-3.0%) 0.00 594
    2019-11-01 $289,900 (-3.3%) $372,962 (-0.9%) 0.00 525
    2019-12-01 $286,950 (-3.0%) $370,030 (-0.7%) 0.00 474
    2020-01-01 $283,925 (-0.4%) $355,560 (-4.4%) 0.00 422
    2020-02-01 $289,000 (2.5%) $356,798 (-4.1%) 0.00 423
    2020-03-01 $289,125 (-0.8%) $363,022 (-4.1%) 0.00 445
    2020-04-01 $289,925 (-2.4%) $360,565 (-4.5%) 0.00 482
    2020-05-01 $309,250 (3.5%) $369,291 (-1.5%) 0.00 467
    2020-06-01 $328,119 (11.4%) $383,723 (3.7%) 0.00 421
    2020-07-01 $346,900 (24.0%) $402,615 (14.0%) 0.00 357
    2020-08-01 $324,900 (14.5%) $412,040 (15.3%) 0.00 292
    2020-09-01 $325,000 (12.2%) $422,873 (16.3%) 0.00 262
    2020-10-01 $325,000 (10.6%) $443,075 (20.0%) 0.00 228
    2020-11-01 $325,250 (12.2%) $441,063 (18.3%) 0.00 206
    2020-12-01 $331,250 (15.4%) $446,397 (20.6%) 0.00 175
    2021-01-01 $355,000 (25.0%) $476,627 (34.1%) 0.00 155
    2021-02-01 $377,225 (30.5%) $511,222 (43.3%) 0.00 127
    2021-03-01 $391,150 (35.3%) $533,165 (46.9%) 0.00 132
    2021-04-01 $384,325 (32.6%) $518,471 (43.8%) 0.00 161
    2021-05-01 $400,000 (29.4%) $554,635 (50.2%) 0.00 172
    2021-06-01 $421,898 (28.6%) $561,683 (46.4%) 0.00 210
    2021-07-01 $399,900 (15.3%) $539,055 (33.9%) 0.00 250
    2021-08-01 $397,000 (22.2%) $517,870 (25.7%) 0.00 247
    2021-09-01 $449,375 (38.3%) $560,440 (32.5%) 0.00 243
    2021-10-01 $460,000 (41.5%) $578,589 (30.6%) 0.00 200
    2021-11-01 $447,950 (37.7%) $573,630 (30.1%) 0.00 178
    2021-12-01 $447,200 (35.0%) $565,522 (26.7%) 0.00 169
    2022-01-01 $459,000 (29.3%) $589,536 (23.7%) 0.00 147
    2022-02-01 $479,450 (27.1%) $607,876 (18.9%) 0.00 152
    2022-03-01 $484,950 (24.0%) $613,657 (15.1%) 0.00 162
    2022-04-01 $496,500 (29.2%) $605,263 (16.7%) 0.00 211
    2022-05-01 $499,651 (24.9%) $609,590 (9.9%) 0.00 274
    2022-06-01 $498,722 (18.2%) $607,286 (8.1%) 0.00 372
    2022-07-01 $474,900 (18.8%) $589,676 (9.4%) 0.00 438
    2022-08-01 $468,225 (17.9%) $573,406 (10.7%) 0.00 422
    2022-09-01 $457,000 (1.7%) $565,698 (0.9%) 0.00 394
    2022-10-01 $465,000 (1.1%) $574,495 (-0.7%) 0.00 374
    2022-11-01 $488,250 (9.0%) $582,127 (1.5%) 0.00 349
    2022-12-01 $489,900 (9.6%) $591,204 (4.5%) 0.00 317
    2023-01-01 $471,975 (2.8%) $564,792 (-4.2%) 0.00 299
    2023-02-01 $499,000 (4.1%) $571,241 (-6.0%) 0.00 275
    2023-03-01 $495,725 (2.2%) $567,031 (-7.6%) 0.00 284
    2023-04-01 $485,000 (-2.3%) $568,936 (-6.0%) 0.00 360
    2023-05-01 $491,342 (-1.7%) $578,902 (-5.0%) 0.00 433
    2023-06-01 $489,450 (-1.9%) $583,892 (-3.9%) 0.00 472
    2023-07-01 $499,000 (5.1%) $585,794 (-0.7%) 0.00 475
    2023-08-01 $499,000 (6.6%) $581,107 (1.3%) 0.00 478
    2023-09-01 $499,000 (9.2%) $572,910 (1.3%) 0.00 479
    2023-10-01 $494,100 (6.3%) $566,745 (-1.4%) 0.00 472
    2023-11-01 $495,000 (1.4%) $570,539 (-2.0%) 0.00 468
    2023-12-01 $495,000 (1.0%) $569,741 (-3.6%) 0.00 416
    2024-01-01 $497,000 (5.3%) $570,323 (1.0%) 0.00 316
    2024-02-01 $500,000 (0.2%) $587,497 (2.9%) 0.00 336
    2024-03-01 $499,900 (0.8%) $586,302 (3.4%) 0.00 412
    2024-04-01 $499,000 (2.9%) $578,631 (1.7%) 0.00 542
    2024-05-01 $498,925 (1.5%) $578,204 (-0.1%) 0.00 669
    2024-06-01 $499,900 (2.1%) $590,640 (1.2%) 0.00 732
    2024-07-01 $499,900 (0.2%) $600,009 (2.4%) 0.00 631
    2024-08-01 $500,000 (0.2%) $634,225 (9.1%) 0.00 587
    2024-09-01 $517,000 (3.6%) $655,336 (14.4%) 0.00 550
    2024-10-01 $511,000 (3.4%) $652,811 (15.2%) 0.00 523
    Show Low's median listing price for 2024-10-01 was $511,000, a difference of $16,900 (3.4%) versus the prior year and $-6,000 versus the prior month.

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

    Show Low's average listing price for 2024-10-01 was $652,811, a difference of $86,066 (15.2%) versus the prior year and $-2,525 versus the prior month.

    For the 2024-10-01 period, Show Low had 523 MLS listings, a difference of -27 listings (-5%) versus the prior month and 51 listings (11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Show Low (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,890 sqft
    2018-02-01 0 days 1,894 sqft
    2018-03-01 0 days 1,849 sqft
    2018-04-01 0 days 1,885 sqft
    2018-05-01 0 days 1,919 sqft
    2018-06-01 0 days 1,921 sqft
    2018-07-01 0 days 1,919 sqft
    2018-08-01 0 days 1,951 sqft
    2018-09-01 0 days 1,937 sqft
    2018-10-01 0 days 1,979 sqft
    2018-11-01 0 days 1,997 sqft
    2018-12-01 0 days 1,950 sqft
    2019-01-01 0 days 1,864 sqft
    2019-02-01 0 days 1,851 sqft
    2019-03-01 0 days 1,880 sqft
    2019-04-01 0 days 1,906 sqft
    2019-05-01 0 days 1,885 sqft
    2019-06-01 0 days 1,886 sqft
    2019-07-01 0 days 1,834 sqft
    2019-08-01 0 days 1,858 sqft
    2019-09-01 0 days 1,865 sqft
    2019-10-01 0 days 1,877 sqft
    2019-11-01 0 days 1,890 sqft
    2019-12-01 0 days 1,889 sqft
    2020-01-01 0 days 1,859 sqft
    2020-02-01 0 days 1,846 sqft
    2020-03-01 0 days 1,828 sqft
    2020-04-01 0 days 1,836 sqft
    2020-05-01 0 days 1,850 sqft
    2020-06-01 0 days 1,880 sqft
    2020-07-01 0 days 1,993 sqft
    2020-08-01 0 days 1,966 sqft
    2020-09-01 0 days 2,008 sqft
    2020-10-01 0 days 1,946 sqft
    2020-11-01 0 days 1,911 sqft
    2020-12-01 0 days 1,937 sqft
    2021-01-01 0 days 1,955 sqft
    2021-02-01 0 days 1,941 sqft
    2021-03-01 0 days 1,998 sqft
    2021-04-01 0 days 1,887 sqft
    2021-05-01 0 days 1,865 sqft
    2021-06-01 0 days 1,823 sqft
    2021-07-01 0 days 1,852 sqft
    2021-08-01 0 days 1,807 sqft
    2021-09-01 0 days 1,920 sqft
    2021-10-01 0 days 1,959 sqft
    2021-11-01 0 days 1,922 sqft
    2021-12-01 0 days 1,870 sqft
    2022-01-01 0 days 1,834 sqft
    2022-02-01 0 days 1,842 sqft
    2022-03-01 0 days 1,898 sqft
    2022-04-01 0 days 1,841 sqft
    2022-05-01 0 days 1,870 sqft
    2022-06-01 0 days 1,868 sqft
    2022-07-01 0 days 1,820 sqft
    2022-08-01 0 days 1,829 sqft
    2022-09-01 0 days 1,812 sqft
    2022-10-01 0 days 1,854 sqft
    2022-11-01 0 days 1,886 sqft
    2022-12-01 0 days 1,944 sqft
    2023-01-01 0 days 1,883 sqft
    2023-02-01 0 days 1,882 sqft
    2023-03-01 0 days 1,854 sqft
    2023-04-01 0 days 1,828 sqft
    2023-05-01 0 days 1,828 sqft
    2023-06-01 0 days 1,830 sqft
    2023-07-01 0 days 1,830 sqft
    2023-08-01 0 days 1,814 sqft
    2023-09-01 0 days 1,821 sqft
    2023-10-01 0 days 1,822 sqft
    2023-11-01 0 days 1,825 sqft
    2023-12-01 0 days 1,823 sqft
    2024-01-01 0 days 1,844 sqft
    2024-02-01 0 days 1,838 sqft
    2024-03-01 0 days 1,836 sqft
    2024-04-01 0 days 1,800 sqft
    2024-05-01 0 days 1,790 sqft
    2024-06-01 0 days 1,797 sqft
    2024-07-01 0 days 1,801 sqft
    2024-08-01 0 days 1,808 sqft
    2024-09-01 0 days 1,830 sqft
    2024-10-01 0 days 1,831 sqft
    Show Low's median listing age (time on market) for 2024-10-01 was 0 days.

    Show Low's median square footage for active listings during the 2024-10-01 period was 1,831 sqft. One year prior, the average listing was 1,822 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.