St. Louis VA Loans

ST. LOUIS, MO-IL

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 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.

St. Louis's 220 lenders originated 10,745 VA loans during 2021. The total origination value was $2,614,315,000, with an average VA loan value of $243,305.

St. Louis VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in St. Louis averaged 5.28% for the week of 2022-05-20, compared to the national average (all VA variants) of 5.143% for the same period.

The average rate for the prior week (2022-05-13) was 5.39% and one month ago for the week of 2022-04-15, the average rate was 5.16%.

The average rate one year ago was 3.05%.

For refis of the same type during the week of 2022-05-20, the average rate was 5.4%.

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

St. Louis VA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the St. Louis level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Mortgage Research Center, LLC 1,224 2.85% $5,181
QUICKEN LOANS, LLC 706 2.50% $4,384
FREEDOM MORTGAGE CORPORATION 548 2.48% $2,294
PENNYMAC LOAN SERVICES, LLC 427 2.49% $4,767
UNITED WHOLESALE MORTGAGE, LLC 358 2.56% $4,307
DAS Acquisition Company, LLC 342 3.02% $5,353
GUILD MORTGAGE COMPANY 341 2.81% $5,595
BROKER SOLUTIONS, INC. 263 2.90% $4,963
USAA Federal Savings Bank 236 2.86% $3,955
NAVY FEDERAL CREDIT UNION 224 2.49% $4,909
GERSHMAN INVESTMENT CORP. 214 2.97% $4,817
DELMAR FINANCIAL COMPANY 208 2.64% $4,768
Carrollton Bank 198 2.42% $5,726
CALIBER HOME LOANS, INC. 196 2.56% $3,232
NEW DAY FINANCIAL, LLC 170 2.75% $6,703
VILLAGE CAPITAL & INVESTMENT LLC 158 2.49% $3,270
LAKEVIEW LOAN SERVICING, LLC 140 2.59% $2,658
Wells Fargo Bank 138 2.58% $3,609
LOANDEPOT.COM, LLC 134 2.62% $4,435
GUARANTEED RATE, INC. 128 2.71% $4,830
FLAT BRANCH MORTGAGE, INC. 128 2.94% $5,677
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 126 2.90% $5,908
The Federal Savings Bank 121 2.53% $6,237
Mr. Cooper ( Nationstar Mortgage ) 104 2.92% $3,678
HOME POINT FINANCIAL CORPORATION 100 2.49% $3,915
Stifel Bank and Trust 89 2.49% $3,679
The Home Loan Expert LLC 88 2.78% $6,413
ENDEAVOR CAPITAL, LLC. 87 2.88% $4,134
FCB Banks 78 2.41% $3,305
Low VA Rates, LLC 75 2.38% $3,863
CMG MORTGAGE, INC. 70 2.71% $5,455
GUARANTEED RATE AFFINITY, LLC 61 2.64% $5,269
First Guaranty Mortgage Corporation 60 2.69% $3,562
PLANET HOME LENDING, LLC 56 2.57% $2,808
NEWREZ LLC 55 2.68% $3,528
Paramount Bank 55 2.57% $4,107
U.S. Bank 52 2.80% $4,770
Barrington Bank & Trust Company, N.A. 50 2.80% $3,420
First Bank 47 2.56% $3,117
AMERISAVE MORTGAGE CORPORATION 45 2.61% $6,175
Midwest BankCentre 44 2.44% $6,019
CLEARPATH LENDING 41 2.26% $4,582
First State Bank of St. Charles, Missouri 40 2.56% $5,595
NBKC BANK 40 2.54% $6,031
FAMILY FINANCE MORTGAGE, LLC 39 2.75% $4,184
ARK-LA-TEX FINANCIAL SERVICES, LLC. 39 2.58% $5,183
Carrington Mortgage Services, LLC 37 3.05% $3,341
The Central Trust Bank 34 2.56% $6,977
Town & Country Banc Mortgage Services, Inc. 34 2.95% $5,914
AMERICAN PORTFOLIO MORTGAGE CORPORATION 32 2.44% $2,555
Flagstar Bank, FSB 32 2.69% $3,183
PENTAGON FEDERAL CREDIT UNION 31 2.39% $3,136
MUTUAL OF OMAHA MORTGAGE, INC. 30 2.68% $5,716
CELEBRITY HOME LOANS, LLC 27 2.71% $4,816
Regions Bank 27 2.93% $5,140
F&B Acquisition Group LLC 26 2.71% $5,770
FRONTIER FINANCIAL, INC. 25 2.68% $4,696
Magnolia Bank 25 2.78% $7,689
FIRST INTEGRITY MORTGAGE SERVICES, INC. 24 2.79% $3,167
FIRST COMMUNITY MORTGAGE, INC. 24 2.65% $6,009
SCOTT CREDIT UNION 22 2.57% $2,805
LEADERONE FINANCIAL CORPORATION 22 2.94% $6,878
Mid-Continent Funding, Inc. 21 2.74% $5,909
ACCESS CAPITAL FUNDING, L.L.C. 20 2.61% $2,878
AMERICAN FINANCIAL NETWORK, INC. 20 2.62% $10,445
InterContinental Capital Group, Inc 20 2.55% $3,945
SUN WEST MORTGAGE COMPANY, INC. 18 2.42% $2,304
D.W. BROWN MORTGAGE CORP. 17 3.23% $4,985
North American Savings Bank, F.S.B. 17 2.54% $4,960
AMERICAN HOME LENDING USA, LLC 17 2.57% $3,735
ON Q FINANCIAL, INC. 17 3.01% $5,678
Bank of Springfield 17 2.59% $5,850
COMMUNITY MORTGAGE, LLC 16 2.57% $4,095
First Federal Bank 16 3.18% $7,056
GENEVA FINANCIAL, LLC 16 3.03% $5,028
First Horizon Bank 16 2.59% $4,881
Peoples National Bank , N.A. 15 2.64% $3,292
PRIMELENDING, A PLAINSCAPITAL COMPANY 14 3.09% $4,688
Citizens Bank 13 2.56% $3,997
CROSSCOUNTRY MORTGAGE, LLC 13 2.88% $11,096
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 13 2.82% $5,753
BNC National Bank 12 2.33% $3,628
Paramount Residential Mortgage Group, Inc. 11 2.82% $7,061
Midland States Bank 10 2.76% $5,945
HALLMARK HOME MORTGAGE, LLC 10 3.00% $6,081
HOMESTAR FINANCIAL CORPORATION 9 3.39% $5,119
NP, Inc. 9 2.49% $4,966
Plains Commerce Bank 8 2.78% $5,948
Equity Prime Mortgage LLC 8 3.61% $4,859
BancorpSouth Bank 8 3.06% $3,282
Bell Bank 8 2.72% $5,083
ACCELERATE MORTGAGE, LLC 8 2.36% $6,066
PNC Bank 8 2.91% $5,166
United Community Bank 7 2.54% $3,413
HOMEBRIDGE FINANCIAL SERVICES, INC. 7 2.48% $4,828
PLAZA HOME MORTGAGE, INC. 7 2.66% $3,626
Lakeview Community Capital, LLC 7 2.55% $1,894
NBH Bank 6 2.60% $6,089
Bank of America 6 2.67% $3,309
TOP FLITE FINANCIAL, INC. 6 3.63% $7,259
U S WIDE FINANCIAL LLC 6 2.40% $2,845
Truist Bank 6 2.66% $2,353
First Mortgage Solutions, LLC 5 2.25% $3,931
Community First National Bank 5 2.35% $2,465
Armed Forces Bank 5 2.50% $2,600
PHH Mortgage Corporation 5 3.28% $3,501
HOMESITE MORTGAGE, LLC 5 2.85% $6,910
LOANPAL, LLC 5 2.45% $6,297
Meridian Bank Corporation 5 2.68% $4,377
Nations Lending Corporation 5 3.13% $9,488
PREMIA MORTGAGE, LLC 4 2.53% $1,624
UMB Bank 4 2.78% $8,878
KS StateBank 4 2.28% $5,115
Commerce Bank 4 3.34% $5,451
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 2.91% $2,626
Bank of England 4 2.88% $10,414
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 2.84% $2,274
ALLTRU Federal Credit Union 4 2.94% $3,979
MICHIGAN MUTUAL, INC. 4 3.22% $5,138
AMERICAN PACIFIC MORTGAGE CORPORATION 4 2.84% $6,038
HOMESIDE FINANCIAL, LLC 4 2.31% $3,296
AMERICAN FINANCING CORPORATION 4 2.63% $3,437
Fifth Third Bank 3 2.92% $10,529
Servion, Inc. 3 2.63% $3,290
GSF Mortgage Corporation 3 2.46% $4,333
Ixonia Bank 3 2.58% $3,931
JPMorgan Chase Bank 3 2.58% $6,665
KELLER MORTGAGE, LLC 3 2.71% $6,914
LAND HOME FINANCIAL SERVICES, INC. 3 2.79% $5,326
BOKF 3 3.04% $8,423
First Home Bank 3 2.25% $2,279
First Federal Bank of Kansas City 3 2.25% $3,128
FIRST CENTENNIAL MORTGAGE CORPORATION 3 2.88% $3,222
FINANCE OF AMERICA MORTGAGE LLC 3 2.46% $4,846
MID AMERICA MORTGAGE, INC. 3 2.50% $3,813
Wyndham Capital Mortgage, Inc. 3 2.71% $11,448
West Town Bank & Trust 3 2.96% $14,704
UNION HOME MORTGAGE CORP. 3 2.42% $7,626
Community Mortgage Banc Corporation 3 3.00% $3,341
HANCOCK MORTGAGE PARTNERS, LLC 3 2.96% $5,656
PANORAMA MORTGAGE GROUP, LLC 3 3.10% $7,202
Service Federal Credit Union 3 2.96% $2,411
CHURCHILL MORTGAGE CORPORATION 3 2.63% $6,604
Core Bank 2 2.50% $2,543
TJC Mortgage, Inc. 2 2.13% $6,117
First Midwest Bank 2 2.38% $5,966
AmeriHome Mortgage Company, LLC 2 2.69% $3,992
BAYSHORE MORTGAGE FUNDING, LLC 2 2.31% $2,076
COMMUNITYAMERICA 2 2.44% $2,926
STEARNS LENDING, LLC 2 2.50% $3,984
NETWORK CAPITAL FUNDING CORPORATION 2 2.44% $4,913
SOVEREIGN LENDING GROUP INCORPORATED 2 3.50% $3,102
Arvest Bank 2 2.81% $7,646
Simmons Bank 2 2.94% $10,352
Northpointe Bank 2 2.63% $1,516
EMBRACE HOME LOANS, INC. 2 2.38% $2,423
DRAPER AND KRAMER MORTGAGE CORP. 2 2.75% $1,053
1ST MIDAMERICA 2 2.94% $5,569
Great Southern Bank 2 2.31% $8,212
Manufacturers and Traders Trust Company 2 2.75% $3,009
INLANTA MORTGAGE, INC. 2 2.81% $2,359
JAMES B. NUTTER & COMPANY 2 2.75% $2,339
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 2.94% $9,883
ZILLOW HOME LOANS, LLC 1 2.50% $4,628
AMCAP MORTGAGE, LTD. 1 2.75% $1,259
AMERICAN HERITAGE FCU 1 2.38% $8,335
American Mortgage Bank, LLC 1 3.63% $10,089
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 3.25% $4,434
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.50% $8,186
ARC HOME LLC 1 3.13% $1,104
CANOPY MORTGAGE, LLC 1 2.50% $2,676
Capital Bank 1 2.25% $2,917
CHERRY CREEK MORTGAGE, LLC 1 2.38% $823
Christensen Financial, Inc. 1 3.75% $2,475
Citizens National Bank of Greater St. Louis 1 3.25% $15,999
Commerce Home Mortgage, Inc. 1 2.88% $2,571
Commonwealth Bank and Trust Company 1 3.13% $2,473
COMPASS MORTGAGE, INC. 1 4.25% $4,776
Credence Funding Corporation 1 1.75% $3,670
ENCORE BANK 1 2.50% $1,531
EVANSVILLE TEACHERS 1 2.75% $2,273
EVERETT FINANCIAL, INC. 1 3.13% $1,900
First Savings Bank 1 2.25% $6,526
First United Bank and Trust Company 1 2.25% $11,749
Gateway First Bank 1 2.25% $2,680
Goldwater Bank, N.A. 1 2.63% $6,752
GUARANTY HOME MORTGAGE CORPORATION 1 3.25% $1,289
Gulf Coast Bank and Trust Company 1 2.38% $3,232
Hometown Equity Mortgage, LLC 1 2.38% $11,972
Hometown Lenders, Inc. 1 3.75% $6,050
INB 1 2.25% $1,395
Lincoln FSB of Nebraska 1 2.50% $2,820
Marine Bank 1 2.50% $1,508
Members Mortgage Services, L.L.C. 1 2.88% $1,133
MLD MORTGAGE INC. 1 2.63% $5,490
MORIA DEVELOPMENT, INC. 1 3.63% $4,682
MOVEMENT MORTGAGE, LLC 1 3.00% $1,627
Mutual Federal Bank 1 2.63% $2,515
NATIONS DIRECT MORTGAGE, LLC 1 3.25% $4,890
Neighborhood Loans, Inc. 1 2.88% $3,878
Presidential Bank, FSB 1 2.75% $3,830
Prime Choice Funding Inc. 1 2.25% $2,520
Prosperity Home Mortgage, LLC 1 2.63% $1,470
RANLIFE, INC. 1 2.75% $8,297
ROYAL UNITED MORTGAGE LLC 1 3.25% $2,071
S1L, Inc. 1 2.63% $4,844
SECURITYNATIONAL MORTGAGE COMPANY 1 2.63% $4,036
Sierra Pacific Mortgage Company, Inc. 1 3.00% $3,295
SOUTHWEST FUNDING, LP 1 4.50% $10,883
Stride Bank 1 2.75% $10,470
Sunflower Bank 1 2.25% $3,729
T2 FINANCIAL LLC 1 3.25% $17,073
THOMPSON KANE & COMPANY, LLC 1 2.25% $1,273
THRIVE MORTGAGE, LLC 1 2.75% $19,815
TIAA, FSB 1 2.25% $15,564
TOWNE MORTGAGE COMPANY 1 2.38% $5,912
United Fidelity Funding Corp. 1 3.13% $9,263
UNITED SECURITY FINANCIAL CORP 1 1.75% $5,434
Victorian Finance, LLC 1 3.00% $12,556
Waterstone Mortgage Corporation 1 2.38% $17,364

The top St. Louis VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,224 VA loans originated. Their average total fees are $5,181, which is $797 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee St. Louis VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION ($2,294), SUN WEST MORTGAGE COMPANY, INC. ($2,304), AMERICAN PORTFOLIO MORTGAGE CORPORATION ($2,555), LAKEVIEW LOAN SERVICING, LLC ($2,658) and SCOTT CREDIT UNION ($2,805).

The lowest rate St. Louis VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.26%), BNC National Bank (2.33%), Low VA Rates, LLC (2.38%), PENTAGON FEDERAL CREDIT UNION (2.39%) and FCB Banks (2.41%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - St. Louis (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 $189,900 (11.8%) $274,355 (7.0%) 0.70 8,464
2018-02-01 $195,450 (12.7%) $280,387 (6.1%) 0.71 8,354
2018-03-01 $209,900 (12.1%) $294,055 (5.9%) 0.73 8,698
2018-04-01 $216,900 (11.3%) $303,714 (6.1%) 0.73 8,817
2018-05-01 $220,000 (7.3%) $309,457 (4.7%) 0.73 9,224
2018-06-01 $220,000 (6.7%) $311,532 (5.4%) 0.73 9,790
2018-07-01 $219,900 (7.3%) $306,286 (5.4%) 0.73 10,320
2018-08-01 $219,900 (10.6%) $303,157 (6.6%) 0.73 10,554
2018-09-01 $217,900 (9.2%) $300,257 (5.0%) 0.73 10,573
2018-10-01 $215,000 (7.6%) $297,144 (3.3%) 0.72 10,669
2018-11-01 $211,700 (7.3%) $292,525 (3.0%) 0.71 10,183
2018-12-01 $204,900 (7.9%) $283,477 (2.7%) 0.70 9,134
2019-01-01 $200,850 (5.8%) $278,701 (1.6%) 0.69 7,992
2019-02-01 $214,950 (10.0%) $294,903 (5.2%) 0.72 7,629
2019-03-01 $223,671 (6.6%) $302,221 (2.8%) 0.73 7,781
2019-04-01 $229,900 (6.0%) $309,072 (1.8%) 0.72 7,971
2019-05-01 $235,450 (7.0%) $317,102 (2.5%) 0.73 8,273
2019-06-01 $237,000 (7.7%) $320,219 (2.8%) 0.73 8,637
2019-07-01 $230,000 (4.6%) $317,773 (3.8%) 0.71 8,914
2019-08-01 $227,857 (3.6%) $313,561 (3.4%) 0.72 8,930
2019-09-01 $225,000 (3.3%) $309,940 (3.2%) 0.71 8,978
2019-10-01 $224,900 (4.6%) $306,675 (3.2%) 0.72 9,262
2019-11-01 $223,000 (5.3%) $306,276 (4.7%) 0.72 8,863
2019-12-01 $216,383 (5.6%) $298,943 (5.5%) 0.72 7,861
2020-01-01 $216,192 (7.6%) $296,817 (6.5%) 0.72 6,959
2020-02-01 $225,000 (4.7%) $310,155 (5.2%) 0.73 6,372
2020-03-01 $234,950 (5.0%) $312,693 (3.5%) 0.73 6,417
2020-04-01 $239,700 (4.3%) $314,752 (1.8%) 0.75 6,482
2020-05-01 $249,900 (6.1%) $327,532 (3.3%) 0.76 6,288
2020-06-01 $253,950 (7.2%) $339,790 (6.1%) 0.74 6,024
2020-07-01 $252,500 (9.8%) $343,218 (8.0%) 0.72 5,805
2020-08-01 $255,000 (11.9%) $346,380 (10.5%) 0.73 5,668
2020-09-01 $260,145 (15.6%) $358,072 (15.5%) 0.74 5,582
2020-10-01 $254,900 (13.3%) $353,714 (15.3%) 0.73 5,678
2020-11-01 $244,000 (9.4%) $345,325 (12.8%) 0.70 5,380
2020-12-01 $237,450 (9.7%) $335,857 (12.4%) 0.70 4,783
2021-01-01 $245,900 (13.7%) $341,509 (15.1%) 0.72 4,042
2021-02-01 $251,900 (12.0%) $347,371 (12.0%) 0.72 3,580
2021-03-01 $259,400 (10.4%) $350,015 (11.9%) 0.73 3,585
2021-04-01 $262,337 (9.4%) $360,671 (14.6%) 0.70 3,590
2021-05-01 $259,500 (3.8%) $361,171 (10.3%) 0.68 3,482
2021-06-01 $259,900 (2.3%) $357,122 (5.1%) 0.68 3,877
2021-07-01 $254,950 (1.0%) $353,865 (3.1%) 0.66 4,612
2021-08-01 $250,000 (-2.0%) $347,187 (0.2%) 0.66 4,781
2021-09-01 $250,000 (-3.9%) $343,966 (-3.9%) 0.66 4,727
2021-10-01 $245,000 (-3.9%) $341,249 (-3.5%) 0.64 4,552
2021-11-01 $242,450 (-0.6%) $342,242 (-0.9%) 0.64 4,172
2021-12-01 $245,000 (3.2%) $341,859 (1.8%) 0.65 3,504
2022-01-01 $249,000 (1.3%) $344,529 (0.9%) 0.66 3,021
2022-02-01 $266,450 (5.8%) $350,583 (0.9%) 0.68 2,852
2022-03-01 $274,950 (6.0%) $353,273 (0.9%) 0.68 2,949
2022-04-01 $273,900 (4.4%) $342,727 (-5.0%) 0.64 3,126
St. Louis's median listing price for 2022-04-01 was $273,900, a difference of $11,563 (4.4%) versus the prior year and $-1,050 versus the prior month.

St. Louis's median listing price comes in at 64% of the national average.

St. Louis's average listing price for 2022-04-01 was $342,727, a difference of $-17,944 (-5.0%) versus the prior year and $-10,546 versus the prior month.

For the 2022-04-01 period, St. Louis had 3,126 MLS listings, a difference of 177 listings (6%) versus the prior month and -464 listings (-13%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - St. Louis (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 87 days 1,677 sqft
2018-02-01 82 days 1,692 sqft
2018-03-01 59 days 1,746 sqft
2018-04-01 58 days 1,772 sqft
2018-05-01 57 days 1,782 sqft
2018-06-01 54 days 1,768 sqft
2018-07-01 57 days 1,753 sqft
2018-08-01 58 days 1,743 sqft
2018-09-01 63 days 1,728 sqft
2018-10-01 66 days 1,715 sqft
2018-11-01 69 days 1,699 sqft
2018-12-01 80 days 1,680 sqft
2019-01-01 92 days 1,661 sqft
2019-02-01 89 days 1,717 sqft
2019-03-01 69 days 1,741 sqft
2019-04-01 57 days 1,749 sqft
2019-05-01 56 days 1,764 sqft
2019-06-01 57 days 1,771 sqft
2019-07-01 59 days 1,765 sqft
2019-08-01 58 days 1,756 sqft
2019-09-01 63 days 1,745 sqft
2019-10-01 65 days 1,736 sqft
2019-11-01 70 days 1,720 sqft
2019-12-01 82 days 1,692 sqft
2020-01-01 90 days 1,674 sqft
2020-02-01 88 days 1,708 sqft
2020-03-01 63 days 1,753 sqft
2020-04-01 60 days 1,788 sqft
2020-05-01 68 days 1,823 sqft
2020-06-01 69 days 1,856 sqft
2020-07-01 60 days 1,856 sqft
2020-08-01 57 days 1,839 sqft
2020-09-01 59 days 1,843 sqft
2020-10-01 57 days 1,800 sqft
2020-11-01 59 days 1,763 sqft
2020-12-01 70 days 1,733 sqft
2021-01-01 77 days 1,736 sqft
2021-02-01 74 days 1,728 sqft
2021-03-01 59 days 1,730 sqft
2021-04-01 55 days 1,741 sqft
2021-05-01 44 days 1,712 sqft
2021-06-01 42 days 1,715 sqft
2021-07-01 39 days 1,720 sqft
2021-08-01 41 days 1,704 sqft
2021-09-01 46 days 1,684 sqft
2021-10-01 49 days 1,646 sqft
2021-11-01 50 days 1,618 sqft
2021-12-01 58 days 1,612 sqft
2022-01-01 63 days 1,600 sqft
2022-02-01 59 days 1,626 sqft
2022-03-01 45 days 1,663 sqft
2022-04-01 40 days 1,665 sqft
St. Louis's median listing age (time on market) for 2022-04-01 was 40 days. This is -27% shorter than the same period one year ago.

St. Louis's median square footage for active listings during the 2022-04-01 period was 1,665 sqft. One year prior, the average listing was 1,741 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.