Show Low VA Loan Rates, Closing Costs & Stats

Show Low, AZ

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.