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 56 lenders originated 189 VA loans during 2022. The total origination value was $58,075,000, with an average VA loan value of $307,275.

    Show Low VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Show Low averaged -0.2% for the week of 2023-11-24, compared to the national average (all VA variants) of 0% for the same period.

    Show Low's average VA mortgage closing costs are $5,681.

    The average rate for the prior week (2023-11-17) was 7.25% and one month ago for the week of 2023-10-20, the average rate was 7.48%.

    The average rate one year ago was 6.29%.

    For refis of the same type during the week of 2023-11-24, the average rate was -0.78%.

    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 22 4.54% $8,354
    Mortgage Research Center, LLC 17 5.01% $7,096
    Amerifirst Financial, Inc. 13 4.96% $8,406
    QUICKEN LOANS, LLC 12 3.79% $11,915
    GUILD MORTGAGE COMPANY 8 5.17% $8,624
    PENNYMAC LOAN SERVICES, LLC 6 4.10% $13,912
    NEW DAY FINANCIAL, LLC 6 5.52% $9,626
    FREEDOM MORTGAGE CORPORATION 6 3.29% $10,889
    LOANDEPOT.COM, LLC 6 4.06% $10,449
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 5.03% $7,991
    USAA Federal Savings Bank 4 3.09% $6,236
    HOME POINT FINANCIAL CORPORATION 3 3.71% $9,620
    NAVY FEDERAL CREDIT UNION 3 5.67% $8,527
    NEWREZ LLC 3 3.25% $7,271
    CMG MORTGAGE, INC. 3 4.67% $10,112
    NOVA FINANCIAL & INVESTMENT CORPORATION 3 5.25% $5,429
    GUARANTEED RATE, INC. 3 3.99% $8,592
    CROSSCOUNTRY MORTGAGE, LLC 3 4.92% $11,152
    MUTUAL OF OMAHA MORTGAGE, INC. 3 4.71% $8,044
    VILLAGE CAPITAL MORTGAGE 3 2.75% $6,921
    LAKEVIEW LOAN SERVICING, LLC 2 2.94% $2,753
    NATIONS DIRECT MORTGAGE, LLC 2 3.75% $7,350
    AMERISAVE MORTGAGE CORPORATION 2 4.25% $9,361
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 5.44% $13,482
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.13% $14,454
    Strong Home Mortgage, LLC 1 2.38% $2,009
    SUN WEST MORTGAGE COMPANY, INC. 1 2.75% $1,546
    The Federal Savings Bank 1 5.25% $18,361
    V.I.P. MORTGAGE, INC. 1 4.88% $13,869
    Wallick & Volk, Inc. 1 6.00% $9,744
    AMERICAN FINANCIAL RESOURCES, INC. 1 4.13% $2,998
    ZILLOW HOME LOANS, LLC 1 4.50% $27,602
    American Mortgage & Equity Consultants, Inc. 1 5.75% $4,070
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.88% $7,022
    CALIBER HOME LOANS, INC. 1 4.63% $2,547
    Capital Bank 1 3.25% $9,721
    CARDINAL FINANCIAL 1 6.25% $1,701
    CHURCHILL MORTGAGE CORPORATION 1 5.75% $5,487
    Equity Prime Mortgage LLC 1 5.38% $8,383
    FINANCE OF AMERICA MORTGAGE LLC 1 6.13% $15,633
    GENEVA FINANCIAL, LLC 1 4.13% $20,905
    GUARANTEED RATE AFFINITY, LLC 1 2.88% $1,879
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.13% $5,897
    Hometown Lenders, Inc. 1 5.75% $266
    JPMorgan Chase Bank 1 3.75% $0
    LOANPAL, LLC 1 4.25% $8,954
    Magnolia Bank 1 4.63% $9,183
    Mr. Cooper ( Nationstar Mortgage ) 1 3.75% $7,232
    North American Savings Bank, F.S.B. 1 5.63% $3,543
    ON Q FINANCIAL, INC. 1 3.75% $4,366
    OPEN MORTGAGE, LLC 1 6.75% $7,348
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 3.75% $6,078
    PLANET HOME LENDING, LLC 1 3.75% $3,649
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.63% $10,426
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 5.13% $6,146
    SECURITYNATIONAL MORTGAGE COMPANY 1 5.63% $10,575

    The top Show Low VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 22 VA loans originated. Their average total fees are $8,354, which is $1,258 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 ($7,096), UNITED WHOLESALE MORTGAGE, LLC ($8,354), Amerifirst Financial, Inc. ($8,406), QUICKEN LOANS, LLC ($11,915) and .

    The lowest rate Show Low VA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.79%), UNITED WHOLESALE MORTGAGE, LLC (4.54%), Amerifirst Financial, Inc. (4.96%), Mortgage Research Center, LLC (5.01%) and .

    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 (8.0%) $353,956 (2.2%) 0.00 616
    2018-02-01 $271,717 (8.9%) $348,740 (0.5%) 0.00 591
    2018-03-01 $269,900 (3.6%) $348,949 (-2.3%) 0.00 606
    2018-04-01 $281,475 (8.3%) $357,976 (-0.8%) 0.00 680
    2018-05-01 $287,625 (8.5%) $365,508 (3.7%) 0.00 718
    2018-06-01 $291,500 (9.1%) $377,548 (7.0%) 0.00 759
    2018-07-01 $289,925 (7.4%) $369,732 (2.0%) 0.00 797
    2018-08-01 $296,750 (9.9%) $374,045 (3.4%) 0.00 792
    2018-09-01 $293,000 (8.5%) $375,768 (3.6%) 0.00 753
    2018-10-01 $299,225 (8.8%) $380,275 (2.9%) 0.00 682
    2018-11-01 $299,900 (11.5%) $375,720 (4.9%) 0.00 607
    2018-12-01 $295,500 (9.7%) $372,163 (4.1%) 0.00 553
    2019-01-01 $283,750 (5.2%) $371,212 (4.9%) 0.00 510
    2019-02-01 $280,720 (3.3%) $371,209 (6.4%) 0.00 521
    2019-03-01 $290,786 (7.7%) $377,818 (8.3%) 0.00 553
    2019-04-01 $297,036 (5.5%) $377,084 (5.3%) 0.00 597
    2019-05-01 $298,663 (3.8%) $374,741 (2.5%) 0.00 675
    2019-06-01 $294,450 (1.0%) $370,138 (-2.0%) 0.00 735
    2019-07-01 $279,769 (-3.5%) $353,063 (-4.5%) 0.00 749
    2019-08-01 $283,692 (-4.4%) $357,512 (-4.4%) 0.00 711
    2019-09-01 $289,771 (-1.1%) $363,628 (-3.2%) 0.00 650
    2019-10-01 $293,824 (-1.8%) $369,200 (-2.9%) 0.00 594
    2019-11-01 $289,900 (-3.3%) $372,962 (-0.7%) 0.00 525
    2019-12-01 $286,950 (-2.9%) $370,030 (-0.6%) 0.00 474
    2020-01-01 $283,925 (0.1%) $355,560 (-4.2%) 0.00 422
    2020-02-01 $289,000 (3.0%) $356,798 (-3.9%) 0.00 423
    2020-03-01 $289,125 (-0.6%) $362,815 (-4.0%) 0.00 445
    2020-04-01 $289,900 (-2.4%) $360,168 (-4.5%) 0.00 483
    2020-05-01 $309,000 (3.5%) $368,879 (-1.6%) 0.00 468
    2020-06-01 $326,600 (10.9%) $383,254 (3.5%) 0.00 422
    2020-07-01 $345,950 (23.7%) $402,045 (13.9%) 0.00 358
    2020-08-01 $324,450 (14.4%) $411,179 (15.0%) 0.00 293
    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 (47.0%) 0.00 132
    2021-04-01 $384,325 (32.6%) $518,471 (44.0%) 0.00 161
    2021-05-01 $400,000 (29.5%) $554,635 (50.4%) 0.00 172
    2021-06-01 $421,898 (29.2%) $561,683 (46.6%) 0.00 210
    2021-07-01 $399,900 (15.6%) $539,055 (34.1%) 0.00 250
    2021-08-01 $397,000 (22.4%) $517,870 (26.0%) 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 $492,092 (-1.5%) $579,141 (-5.0%) 0.00 434
    2023-06-01 $489,450 (-1.9%) $584,085 (-3.8%) 0.00 473
    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
    Show Low's median listing price for 2023-10-01 was $494,100, a difference of $29,100 (6.3%) versus the prior year and $-4,900 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 2023-10-01 was $566,745, a difference of $-7,750 (-1.4%) versus the prior year and $-6,165 versus the prior month.

    For the 2023-10-01 period, Show Low had 472 MLS listings, a difference of -7 listings (-1%) versus the prior month and 98 listings (26%) 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 1,848 sqft
    2018-04-01 0 days 1,882 sqft
    2018-05-01 0 days 1,918 sqft
    2018-06-01 0 days 1,921 sqft
    2018-07-01 0 days 1,918 sqft
    2018-08-01 0 days 1,950 sqft
    2018-09-01 0 days 1,932 sqft
    2018-10-01 0 days 1,976 sqft
    2018-11-01 0 days 1,997 sqft
    2018-12-01 0 days 1,949 sqft
    2019-01-01 0 days 1,861 sqft
    2019-02-01 0 days 1,847 sqft
    2019-03-01 0 days 1,879 sqft
    2019-04-01 0 days 1,905 sqft
    2019-05-01 0 days 1,882 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 1,835 sqft
    2020-05-01 0 days 1,850 sqft
    2020-06-01 0 days 1,871 sqft
    2020-07-01 0 days 1,992 sqft
    2020-08-01 0 days 1,965 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 1,828 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 1,831 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
    Show Low's median listing age (time on market) for 2023-10-01 was 0 days.

    Show Low's median square footage for active listings during the 2023-10-01 period was 1,822 sqft. One year prior, the average listing was 1,854 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.