Steamboat Springs VA Loan Rates, Closing Costs & Stats
Steamboat Springs, CO
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
6.95%
for the week of 2024-04-19, compared to the national average (all VA variants) of
6.758% for the same period.
Steamboat Springs's average VA mortgage closing costs are $8,096.
The average rate for the prior week (2024-04-12) was
6.78% and
one month ago for the week of 2024-03-15, the
average rate was 6.64%.
The average rate one year ago was 6.23%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.76%.
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 | $699,000 (17.2%) | $1,258,733 (18.7%) | 0.00 | 337 |
| 2018-02-01 | $687,000 (15.1%) | $1,252,716 (16.6%) | 0.00 | 344 |
| 2018-03-01 | $730,000 (22.7%) | $1,306,045 (25.0%) | 0.00 | 350 |
| 2018-04-01 | $695,000 (16.0%) | $1,272,883 (22.5%) | 0.00 | 365 |
| 2018-05-01 | $699,000 (17.9%) | $1,268,659 (26.8%) | 0.00 | 366 |
| 2018-06-01 | $665,000 (12.8%) | $1,251,244 (23.3%) | 0.00 | 416 |
| 2018-07-01 | $677,000 (14.9%) | $1,257,117 (22.9%) | 0.00 | 470 |
| 2018-08-01 | $698,125 (18.5%) | $1,232,359 (16.4%) | 0.00 | 485 |
| 2018-09-01 | $700,000 (7.7%) | $1,269,185 (11.3%) | 0.00 | 466 |
| 2018-10-01 | $699,000 (4.6%) | $1,275,973 (7.1%) | 0.00 | 448 |
| 2018-11-01 | $699,500 (12.4%) | $1,270,177 (13.9%) | 0.00 | 425 |
| 2018-12-01 | $699,000 (3.6%) | $1,257,363 (4.0%) | 0.00 | 417 |
| 2019-01-01 | $699,250 (0.0%) | $1,249,327 (-0.8%) | 0.00 | 411 |
| 2019-02-01 | $650,000 (-5.4%) | $1,199,457 (-4.3%) | 0.00 | 418 |
| 2019-03-01 | $652,143 (-10.7%) | $1,214,682 (-7.0%) | 0.00 | 408 |
| 2019-04-01 | $649,368 (-6.6%) | $1,222,080 (-4.0%) | 0.00 | 408 |
| 2019-05-01 | $672,500 (-3.8%) | $1,230,681 (-3.0%) | 0.00 | 406 |
| 2019-06-01 | $674,000 (1.4%) | $1,202,666 (-3.9%) | 0.00 | 483 |
| 2019-07-01 | $725,750 (7.2%) | $1,215,575 (-3.3%) | 0.00 | 535 |
| 2019-08-01 | $731,250 (4.7%) | $1,239,605 (0.6%) | 0.00 | 512 |
| 2019-09-01 | $741,375 (5.9%) | $1,285,711 (1.3%) | 0.00 | 470 |
| 2019-10-01 | $752,125 (7.6%) | $1,327,075 (4.0%) | 0.00 | 433 |
| 2019-11-01 | $765,000 (9.4%) | $1,372,545 (8.1%) | 0.00 | 393 |
| 2019-12-01 | $767,500 (9.8%) | $1,426,411 (13.4%) | 0.00 | 359 |
| 2020-01-01 | $777,500 (11.2%) | $1,477,361 (18.3%) | 0.00 | 268 |
| 2020-02-01 | $750,000 (15.4%) | $1,410,236 (17.6%) | 0.00 | 264 |
| 2020-03-01 | $734,875 (12.7%) | $1,301,839 (7.2%) | 0.00 | 286 |
| 2020-04-01 | $633,500 (-2.4%) | $1,208,750 (-1.1%) | 0.00 | 298 |
| 2020-05-01 | $642,000 (-4.5%) | $1,159,674 (-5.8%) | 0.00 | 304 |
| 2020-06-01 | $646,000 (-4.2%) | $1,115,968 (-7.2%) | 0.00 | 367 |
| 2020-07-01 | $685,000 (-5.6%) | $1,207,115 (-0.7%) | 0.00 | 346 |
| 2020-08-01 | $650,000 (-11.1%) | $1,320,706 (6.5%) | 0.00 | 275 |
| 2020-09-01 | $769,500 (3.8%) | $1,395,907 (8.6%) | 0.00 | 254 |
| 2020-10-01 | $819,500 (9.0%) | $1,423,463 (7.3%) | 0.00 | 228 |
| 2020-11-01 | $860,000 (12.4%) | $1,412,915 (2.9%) | 0.00 | 201 |
| 2020-12-01 | $837,500 (9.1%) | $1,475,226 (3.4%) | 0.00 | 185 |
| 2021-01-01 | $862,500 (10.9%) | $1,597,356 (8.1%) | 0.00 | 155 |
| 2021-02-01 | $824,500 (9.9%) | $1,525,643 (8.2%) | 0.00 | 156 |
| 2021-03-01 | $916,250 (24.7%) | $1,671,285 (28.4%) | 0.00 | 150 |
| 2021-04-01 | $878,750 (38.7%) | $1,794,414 (48.5%) | 0.00 | 121 |
| 2021-05-01 | $1,100,000 (71.3%) | $1,757,054 (51.5%) | 0.00 | 128 |
| 2021-06-01 | $893,500 (38.3%) | $1,690,006 (51.4%) | 0.00 | 137 |
| 2021-07-01 | $989,000 (44.4%) | $1,684,380 (39.5%) | 0.00 | 144 |
| 2021-08-01 | $1,096,250 (68.7%) | $1,706,121 (29.2%) | 0.00 | 143 |
| 2021-09-01 | $1,039,000 (35.0%) | $2,014,130 (44.3%) | 0.00 | 150 |
| 2021-10-01 | $1,087,250 (32.7%) | $2,097,144 (47.3%) | 0.00 | 137 |
| 2021-11-01 | $1,337,500 (55.5%) | $2,582,482 (82.8%) | 0.00 | 86 |
| 2021-12-01 | $1,457,000 (74.0%) | $2,925,163 (98.3%) | 0.00 | 82 |
| 2022-01-01 | $1,452,500 (68.4%) | $3,352,628 (109.9%) | 0.00 | 66 |
| 2022-02-01 | $1,437,500 (74.4%) | $3,529,154 (131.3%) | 0.00 | 58 |
| 2022-03-01 | $1,797,500 (96.2%) | $3,474,138 (107.9%) | 0.00 | 64 |
| 2022-04-01 | $1,435,000 (63.3%) | $2,969,432 (65.5%) | 0.00 | 63 |
| 2022-05-01 | $1,164,500 (5.9%) | $2,421,756 (37.8%) | 0.00 | 84 |
| 2022-06-01 | $1,405,750 (57.3%) | $2,361,427 (39.7%) | 0.00 | 132 |
| 2022-07-01 | $1,400,000 (41.6%) | $2,183,354 (29.6%) | 0.00 | 189 |
| 2022-08-01 | $1,314,250 (19.9%) | $1,905,424 (11.7%) | 0.00 | 186 |
| 2022-09-01 | $1,192,000 (14.7%) | $1,956,901 (-2.8%) | 0.00 | 185 |
| 2022-10-01 | $1,060,000 (-2.5%) | $1,769,415 (-15.6%) | 0.00 | 179 |
| 2022-11-01 | $978,750 (-26.8%) | $1,777,386 (-31.2%) | 0.00 | 159 |
| 2022-12-01 | $925,000 (-36.5%) | $1,730,223 (-40.9%) | 0.00 | 149 |
| 2023-01-01 | $1,007,493 (-30.6%) | $1,803,240 (-46.2%) | 0.00 | 132 |
| 2023-02-01 | $1,000,000 (-30.4%) | $1,923,152 (-45.5%) | 0.00 | 116 |
| 2023-03-01 | $998,745 (-44.4%) | $1,914,377 (-44.9%) | 0.00 | 106 |
| 2023-04-01 | $1,150,000 (-19.9%) | $1,971,005 (-33.6%) | 0.00 | 95 |
| 2023-05-01 | $1,128,500 (-3.1%) | $1,972,332 (-18.6%) | 0.00 | 101 |
| 2023-06-01 | $1,293,750 (-8.0%) | $2,118,976 (-10.3%) | 0.00 | 134 |
| 2023-07-01 | $1,293,000 (-7.6%) | $2,278,426 (4.4%) | 0.00 | 163 |
| 2023-08-01 | $1,288,750 (-1.9%) | $2,228,237 (16.9%) | 0.00 | 166 |
| 2023-09-01 | $1,324,500 (11.1%) | $2,256,291 (15.3%) | 0.00 | 164 |
| 2023-10-01 | $1,431,250 (35.0%) | $2,235,084 (26.3%) | 0.00 | 147 |
| 2023-11-01 | $1,482,500 (51.5%) | $2,345,820 (32.0%) | 0.00 | 140 |
| 2023-12-01 | $1,697,500 (83.5%) | $2,533,133 (46.4%) | 0.00 | 137 |
| 2024-01-01 | $1,823,000 (80.9%) | $2,611,608 (44.8%) | 0.00 | 116 |
| 2024-02-01 | $1,875,000 (87.5%) | $2,689,675 (39.9%) | 0.00 | 106 |
| 2024-03-01 | $1,900,000 (90.2%) | $2,702,714 (41.2%) | 0.00 | 104 |
Steamboat Springs's median listing price comes in at 0% of the national average.
Steamboat Springs's average listing price for 2024-03-01 was $2,702,714, a difference of $788,337 (41.2%) versus the prior year and $13,039 versus the prior month.
For the 2024-03-01 period, Steamboat Springs had 104 MLS listings, a difference of -2 listings (-2%) versus the prior month and -2 listings (-2%) 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 | 2,296 sqft |
| 2018-02-01 | 0 days | 2,290 sqft |
| 2018-03-01 | 0 days | 2,288 sqft |
| 2018-04-01 | 0 days | 2,244 sqft |
| 2018-05-01 | 0 days | 2,339 sqft |
| 2018-06-01 | 0 days | 2,284 sqft |
| 2018-07-01 | 0 days | 2,244 sqft |
| 2018-08-01 | 0 days | 2,190 sqft |
| 2018-09-01 | 0 days | 2,280 sqft |
| 2018-10-01 | 0 days | 2,217 sqft |
| 2018-11-01 | 0 days | 2,175 sqft |
| 2018-12-01 | 0 days | 2,032 sqft |
| 2019-01-01 | 0 days | 2,018 sqft |
| 2019-02-01 | 0 days | 1,836 sqft |
| 2019-03-01 | 0 days | 1,846 sqft |
| 2019-04-01 | 0 days | 1,893 sqft |
| 2019-05-01 | 0 days | 2,035 sqft |
| 2019-06-01 | 0 days | 2,071 sqft |
| 2019-07-01 | 0 days | 2,181 sqft |
| 2019-08-01 | 0 days | 2,223 sqft |
| 2019-09-01 | 0 days | 2,286 sqft |
| 2019-10-01 | 0 days | 2,328 sqft |
| 2019-11-01 | 0 days | 2,383 sqft |
| 2019-12-01 | 0 days | 2,363 sqft |
| 2020-01-01 | 0 days | 2,369 sqft |
| 2020-02-01 | 0 days | 2,371 sqft |
| 2020-03-01 | 0 days | 2,304 sqft |
| 2020-04-01 | 0 days | 2,102 sqft |
| 2020-05-01 | 0 days | 2,068 sqft |
| 2020-06-01 | 0 days | 2,168 sqft |
| 2020-07-01 | 0 days | 2,206 sqft |
| 2020-08-01 | 0 days | 2,266 sqft |
| 2020-09-01 | 0 days | 2,294 sqft |
| 2020-10-01 | 0 days | 2,290 sqft |
| 2020-11-01 | 0 days | 2,285 sqft |
| 2020-12-01 | 0 days | 2,295 sqft |
| 2021-01-01 | 0 days | 2,371 sqft |
| 2021-02-01 | 0 days | 2,331 sqft |
| 2021-03-01 | 0 days | 2,371 sqft |
| 2021-04-01 | 0 days | 2,468 sqft |
| 2021-05-01 | 0 days | 2,427 sqft |
| 2021-06-01 | 0 days | 2,429 sqft |
| 2021-07-01 | 0 days | 2,551 sqft |
| 2021-08-01 | 0 days | 2,549 sqft |
| 2021-09-01 | 0 days | 2,291 sqft |
| 2021-10-01 | 0 days | 2,302 sqft |
| 2021-11-01 | 0 days | 3,002 sqft |
| 2021-12-01 | 0 days | 3,127 sqft |
| 2022-01-01 | 0 days | 3,024 sqft |
| 2022-02-01 | 0 days | 2,831 sqft |
| 2022-03-01 | 0 days | 3,019 sqft |
| 2022-04-01 | 0 days | 2,545 sqft |
| 2022-05-01 | 0 days | 2,351 sqft |
| 2022-06-01 | 0 days | 2,577 sqft |
| 2022-07-01 | 0 days | 2,420 sqft |
| 2022-08-01 | 0 days | 2,300 sqft |
| 2022-09-01 | 0 days | 2,289 sqft |
| 2022-10-01 | 0 days | 2,069 sqft |
| 2022-11-01 | 0 days | 2,042 sqft |
| 2022-12-01 | 0 days | 2,030 sqft |
| 2023-01-01 | 0 days | 2,076 sqft |
| 2023-02-01 | 0 days | 2,248 sqft |
| 2023-03-01 | 0 days | 2,176 sqft |
| 2023-04-01 | 0 days | 2,253 sqft |
| 2023-05-01 | 0 days | 2,071 sqft |
| 2023-06-01 | 0 days | 2,213 sqft |
| 2023-07-01 | 0 days | 2,286 sqft |
| 2023-08-01 | 0 days | 2,552 sqft |
| 2023-09-01 | 0 days | 2,573 sqft |
| 2023-10-01 | 0 days | 2,573 sqft |
| 2023-11-01 | 0 days | 2,603 sqft |
| 2023-12-01 | 0 days | 2,586 sqft |
| 2024-01-01 | 0 days | 2,682 sqft |
| 2024-02-01 | 0 days | 2,743 sqft |
| 2024-03-01 | 0 days | 2,397 sqft |
Steamboat Springs's median square footage for active listings during the 2024-03-01 period was 2,397 sqft. One year prior, the average listing was 2,176 sqft.