Steamboat Springs VA Loan Rates, Closing Costs & Stats

Steamboat Springs, CO

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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.

    Steamboat Springs's 6 lenders originated 7 VA loans during 2023. The total origination value was $3,435,000, with an average VA loan value of $490,714.

    Steamboat Springs VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Steamboat Springs averaged 6.62% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Steamboat Springs's average VA mortgage closing costs are $8,096.

    The average rate for the prior week (2025-02-07) was 6.86% and one month ago for the week of 2025-01-10, the average rate was 6.69%.

    The average rate one year ago was 6.42%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.63%.

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

    Steamboat Springs 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 Steamboat Springs level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    NFM, INC. 2 6.75% $12,395
    First Federal Bank 1 7.00% $13,830
    LOANDEPOT.COM, LLC 1 6.50% $13,042
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $3,717
    UNITED WHOLESALE MORTGAGE, LLC 1 6.50% $24,787
    VILLAGE CAPITAL MORTGAGE 1 5.75% $12,700

    The top Steamboat Springs VA lender as defined by loan originations is NFM, INC., with 2 VA loans originated. Their average total fees are $12,395, which is $1,435 lower than the next largest lender, First Federal Bank.

    The lowest fee Steamboat Springs VA lenders (with over 10 loans originated) are .

    The lowest rate Steamboat Springs VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Steamboat Springs (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 $499,000 (1.3%) $1,023,248 (14.8%) 0.00 434
    2018-02-01 $489,750 (-1.1%) $1,026,993 (14.1%) 0.00 440
    2018-03-01 $499,000 (1.3%) $1,076,057 (22.0%) 0.00 443
    2018-04-01 $477,000 (-3.6%) $1,060,942 (21.0%) 0.00 453
    2018-05-01 $452,500 (-7.6%) $1,021,673 (21.5%) 0.00 476
    2018-06-01 $449,000 (-7.8%) $1,002,526 (18.4%) 0.00 554
    2018-07-01 $452,500 (-0.8%) $1,008,811 (19.5%) 0.00 614
    2018-08-01 $449,000 (2.2%) $990,763 (16.9%) 0.00 632
    2018-09-01 $465,000 (3.3%) $1,028,938 (13.8%) 0.00 598
    2018-10-01 $494,750 (3.5%) $1,046,490 (11.2%) 0.00 570
    2018-11-01 $526,000 (16.9%) $1,065,930 (15.4%) 0.00 534
    2018-12-01 $516,450 (9.9%) $1,072,428 (10.7%) 0.00 515
    2019-01-01 $508,750 (2.0%) $1,063,244 (3.9%) 0.00 501
    2019-02-01 $499,000 (1.9%) $1,034,564 (0.7%) 0.00 504
    2019-03-01 $498,143 (-0.2%) $1,035,351 (-3.8%) 0.00 503
    2019-04-01 $495,750 (3.9%) $1,033,038 (-2.6%) 0.00 510
    2019-05-01 $499,000 (10.3%) $1,031,364 (1.0%) 0.00 515
    2019-06-01 $517,000 (15.1%) $1,009,671 (0.7%) 0.00 604
    2019-07-01 $530,625 (17.3%) $1,022,587 (1.4%) 0.00 672
    2019-08-01 $509,545 (13.5%) $1,022,456 (3.2%) 0.00 655
    2019-09-01 $501,364 (7.8%) $1,044,780 (1.5%) 0.00 609
    2019-10-01 $498,134 (0.7%) $1,069,926 (2.2%) 0.00 568
    2019-11-01 $464,500 (-11.7%) $1,071,133 (0.5%) 0.00 522
    2019-12-01 $483,625 (-6.4%) $1,119,472 (4.4%) 0.00 491
    2020-01-01 $435,000 (-14.5%) $1,110,856 (4.5%) 0.00 385
    2020-02-01 $415,000 (-16.8%) $1,043,377 (0.9%) 0.00 385
    2020-03-01 $437,000 (-12.3%) $958,415 (-7.4%) 0.00 421
    2020-04-01 $419,500 (-15.4%) $912,893 (-11.6%) 0.00 431
    2020-05-01 $399,000 (-20.0%) $842,926 (-18.3%) 0.00 460
    2020-06-01 $399,900 (-22.7%) $846,368 (-16.2%) 0.00 534
    2020-07-01 $386,000 (-27.3%) $883,895 (-13.6%) 0.00 520
    2020-08-01 $338,250 (-33.6%) $898,595 (-12.1%) 0.00 454
    2020-09-01 $341,250 (-31.9%) $930,365 (-11.0%) 0.00 428
    2020-10-01 $329,000 (-34.0%) $921,918 (-13.8%) 0.00 398
    2020-11-01 $388,750 (-16.3%) $971,255 (-9.3%) 0.00 330
    2020-12-01 $391,250 (-19.1%) $1,050,469 (-6.2%) 0.00 292
    2021-01-01 $372,143 (-14.5%) $1,130,943 (1.8%) 0.00 243
    2021-02-01 $397,500 (-4.2%) $1,088,293 (4.3%) 0.00 241
    2021-03-01 $382,375 (-12.5%) $1,148,636 (19.9%) 0.00 238
    2021-04-01 $330,000 (-21.3%) $1,098,130 (20.3%) 0.00 220
    2021-05-01 $350,000 (-12.3%) $1,086,390 (28.9%) 0.00 241
    2021-06-01 $359,750 (-10.0%) $1,065,629 (25.9%) 0.00 239
    2021-07-01 $395,000 (2.3%) $1,106,453 (25.2%) 0.00 239
    2021-08-01 $428,000 (26.5%) $1,117,969 (24.4%) 0.00 241
    2021-09-01 $452,975 (32.7%) $1,360,096 (46.2%) 0.00 244
    2021-10-01 $452,500 (37.5%) $1,397,961 (51.6%) 0.00 223
    2021-11-01 $390,456 (0.4%) $1,541,840 (58.8%) 0.00 166
    2021-12-01 $396,156 (1.3%) $1,828,316 (74.1%) 0.00 148
    2022-01-01 $371,950 (-0.1%) $1,944,091 (71.9%) 0.00 125
    2022-02-01 $397,500 (0.0%) $1,990,883 (82.9%) 0.00 116
    2022-03-01 $516,750 (35.1%) $1,969,702 (71.5%) 0.00 119
    2022-04-01 $419,900 (27.2%) $1,615,301 (47.1%) 0.00 127
    2022-05-01 $446,000 (27.4%) $1,452,456 (33.7%) 0.00 160
    2022-06-01 $631,250 (75.5%) $1,593,861 (49.6%) 0.00 206
    2022-07-01 $779,000 (97.2%) $1,654,279 (49.5%) 0.00 259
    2022-08-01 $707,250 (65.3%) $1,430,348 (27.9%) 0.00 269
    2022-09-01 $705,000 (55.6%) $1,464,802 (7.7%) 0.00 267
    2022-10-01 $697,000 (54.0%) $1,378,454 (-1.4%) 0.00 243
    2022-11-01 $643,500 (64.8%) $1,385,459 (-10.1%) 0.00 221
    2022-12-01 $650,000 (64.1%) $1,363,795 (-25.4%) 0.00 202
    2023-01-01 $720,725 (93.8%) $1,478,431 (-24.0%) 0.00 173
    2023-02-01 $719,950 (81.1%) $1,572,692 (-21.0%) 0.00 154
    2023-03-01 $562,250 (8.8%) $1,439,811 (-26.9%) 0.00 151
    2023-04-01 $455,000 (8.4%) $1,414,209 (-12.5%) 0.00 153
    2023-05-01 $492,100 (10.3%) $1,335,634 (-8.0%) 0.00 167
    2023-06-01 $592,000 (-6.2%) $1,489,811 (-6.5%) 0.00 214
    2023-07-01 $649,950 (-16.6%) $1,625,942 (-1.7%) 0.00 255
    2023-08-01 $672,500 (-4.9%) $1,517,563 (6.1%) 0.00 272
    2023-09-01 $750,000 (6.4%) $1,652,018 (12.8%) 0.00 254
    2023-10-01 $795,000 (14.1%) $1,647,811 (19.5%) 0.00 225
    2023-11-01 $870,000 (35.2%) $1,746,767 (26.1%) 0.00 209
    2023-12-01 $940,000 (44.6%) $1,921,814 (40.9%) 0.00 194
    2024-01-01 $1,132,500 (57.1%) $2,063,102 (39.6%) 0.00 160
    2024-02-01 $1,171,000 (62.7%) $2,118,186 (34.7%) 0.00 148
    2024-03-01 $1,325,000 (135.7%) $2,020,336 (40.3%) 0.00 140
    2024-04-01 $870,500 (91.3%) $2,021,547 (43.0%) 0.00 103
    2024-05-01 $934,725 (90.0%) $1,940,220 (45.3%) 0.00 165
    2024-06-01 $1,095,000 (85.0%) $1,984,251 (33.2%) 0.00 251
    2024-07-01 $1,055,750 (62.4%) $2,070,960 (27.4%) 0.00 349
    2024-08-01 $999,999 (48.7%) $2,017,842 (33.0%) 0.00 360
    2024-09-01 $1,055,000 (40.7%) $2,018,870 (22.2%) 0.00 337
    2024-10-01 $962,250 (21.0%) $1,913,828 (16.1%) 0.00 312
    2024-11-01 $949,000 (9.1%) $1,971,103 (12.8%) 0.00 259
    2024-12-01 $973,750 (3.6%) $2,141,135 (11.4%) 0.00 247
    2025-01-01 $1,198,150 (5.8%) $2,281,691 (10.6%) 0.00 242
    Steamboat Springs's median listing price for 2025-01-01 was $1,198,150, a difference of $65,650 (5.8%) versus the prior year and $224,400 versus the prior month.

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

    Steamboat Springs's average listing price for 2025-01-01 was $2,281,691, a difference of $218,589 (10.6%) versus the prior year and $140,556 versus the prior month.

    For the 2025-01-01 period, Steamboat Springs had 242 MLS listings, a difference of -5 listings (-2%) versus the prior month and 82 listings (51%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Steamboat Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,135 sqft
    2018-02-01 0 days 2,134 sqft
    2018-03-01 0 days 2,140 sqft
    2018-04-01 0 days 2,078 sqft
    2018-05-01 0 days 2,075 sqft
    2018-06-01 0 days 1,996 sqft
    2018-07-01 0 days 1,992 sqft
    2018-08-01 0 days 1,987 sqft
    2018-09-01 0 days 2,016 sqft
    2018-10-01 0 days 1,998 sqft
    2018-11-01 0 days 1,994 sqft
    2018-12-01 0 days 1,917 sqft
    2019-01-01 0 days 1,926 sqft
    2019-02-01 0 days 1,769 sqft
    2019-03-01 0 days 1,767 sqft
    2019-04-01 0 days 1,790 sqft
    2019-05-01 0 days 1,928 sqft
    2019-06-01 0 days 1,990 sqft
    2019-07-01 0 days 2,022 sqft
    2019-08-01 0 days 2,036 sqft
    2019-09-01 0 days 2,061 sqft
    2019-10-01 0 days 2,095 sqft
    2019-11-01 0 days 2,168 sqft
    2019-12-01 0 days 2,179 sqft
    2020-01-01 0 days 2,186 sqft
    2020-02-01 0 days 2,192 sqft
    2020-03-01 0 days 2,150 sqft
    2020-04-01 0 days 2,038 sqft
    2020-05-01 0 days 1,990 sqft
    2020-06-01 0 days 2,025 sqft
    2020-07-01 0 days 2,008 sqft
    2020-08-01 0 days 1,967 sqft
    2020-09-01 0 days 1,994 sqft
    2020-10-01 0 days 2,015 sqft
    2020-11-01 0 days 2,056 sqft
    2020-12-01 0 days 2,259 sqft
    2021-01-01 0 days 2,267 sqft
    2021-02-01 0 days 2,165 sqft
    2021-03-01 0 days 2,155 sqft
    2021-04-01 0 days 2,147 sqft
    2021-05-01 0 days 2,052 sqft
    2021-06-01 0 days 2,012 sqft
    2021-07-01 0 days 2,054 sqft
    2021-08-01 0 days 2,070 sqft
    2021-09-01 0 days 2,014 sqft
    2021-10-01 0 days 1,977 sqft
    2021-11-01 0 days 2,028 sqft
    2021-12-01 0 days 2,124 sqft
    2022-01-01 0 days 1,925 sqft
    2022-02-01 0 days 2,068 sqft
    2022-03-01 0 days 2,280 sqft
    2022-04-01 0 days 2,000 sqft
    2022-05-01 0 days 1,940 sqft
    2022-06-01 0 days 2,014 sqft
    2022-07-01 0 days 2,116 sqft
    2022-08-01 0 days 2,114 sqft
    2022-09-01 0 days 2,101 sqft
    2022-10-01 0 days 2,010 sqft
    2022-11-01 0 days 2,010 sqft
    2022-12-01 0 days 2,004 sqft
    2023-01-01 0 days 2,002 sqft
    2023-02-01 0 days 2,043 sqft
    2023-03-01 0 days 1,960 sqft
    2023-04-01 0 days 1,814 sqft
    2023-05-01 0 days 1,845 sqft
    2023-06-01 0 days 1,940 sqft
    2023-07-01 0 days 1,969 sqft
    2023-08-01 0 days 2,032 sqft
    2023-09-01 0 days 2,118 sqft
    2023-10-01 0 days 2,154 sqft
    2023-11-01 0 days 2,122 sqft
    2023-12-01 0 days 2,196 sqft
    2024-01-01 0 days 2,295 sqft
    2024-02-01 0 days 2,322 sqft
    2024-03-01 0 days 2,191 sqft
    2024-04-01 0 days 2,130 sqft
    2024-05-01 0 days 1,891 sqft
    2024-06-01 0 days 1,953 sqft
    2024-07-01 0 days 1,877 sqft
    2024-08-01 0 days 1,775 sqft
    2024-09-01 0 days 1,816 sqft
    2024-10-01 0 days 1,800 sqft
    2024-11-01 0 days 1,861 sqft
    2024-12-01 0 days 1,829 sqft
    2025-01-01 0 days 1,828 sqft
    Steamboat Springs's median listing age (time on market) for 2025-01-01 was 0 days.

    Steamboat Springs's median square footage for active listings during the 2025-01-01 period was 1,828 sqft. One year prior, the average listing was 2,295 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.