Sulphur Springs VA Loan Rates, Closing Costs & Stats
Sulphur Springs, TX
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.
Sulphur Springs's 19 lenders originated 33 VA loans during 2023. The total origination value was $10,275,000, with an average VA loan value of $311,364.
Sulphur Springs VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Sulphur Springs
averaged
6.04%
for the week of 2024-10-04, compared to the national average (all VA variants) of
5.596% for the same period.
Sulphur Springs's average VA mortgage closing costs are $6,053.
The average rate for the prior week (2024-09-27) was
5.87% and
one month ago for the week of 2024-08-30, the
average rate was 6.49%.
The average rate one year ago was 7.73%.
For refis of the same type during the week of 2024-10-04, the average rate
was 5.4%.
Sulphur 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 Sulphur Springs level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
Mortgage Research Center, LLC | 5 | 6.08% | $11,502 |
EVERETT FINANCIAL, INC. | 4 | 7.22% | $10,838 |
Nations Lending Corporation | 3 | 6.83% | $6,274 |
USAA Federal Savings Bank | 3 | 6.50% | $9,014 |
Barrington Bank & Trust Company, N.A. | 2 | 6.50% | $3,879 |
GUILD MORTGAGE COMPANY | 1 | 7.13% | $11,580 |
LEADERONE FINANCIAL CORPORATION | 1 | 5.88% | $6,321 |
NAVY FEDERAL CREDIT UNION | 1 | 5.50% | $9,657 |
PENTAGON FEDERAL CREDIT UNION | 1 | 5.13% | $11,843 |
QUICKEN LOANS, LLC | 1 | 5.75% | $5,606 |
Strong Home Mortgage, LLC | 1 | 7.00% | $13,380 |
T2 FINANCIAL LLC | 1 | 6.75% | $3,740 |
THE MORTGAGE LINK, INC. | 1 | 6.63% | $2,499 |
AMCAP MORTGAGE, LTD. | 1 | 7.13% | $12,437 |
VILLAGE CAPITAL MORTGAGE | 1 | 5.75% | $2,725 |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | 1 | 7.13% | $9,060 |
CMG MORTGAGE, INC. | 1 | 4.63% | $7,567 |
FREEDOM MORTGAGE CORPORATION | 1 | 5.38% | $9,734 |
GUARANTEED RATE, INC. | 1 | 6.75% | $0 |
The top Sulphur Springs VA lender as defined by loan originations is Mortgage Research Center, LLC, with
5 VA loans originated. Their average total fees are
$11,502, which is $664
higher than the next largest lender,
EVERETT FINANCIAL, INC..
The lowest fee Sulphur Springs VA lenders (with over 10 loans originated) are
.
The lowest rate Sulphur Springs VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Sulphur Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $158,675 (-11.1%) | $241,601 (-7.5%) | 0.00 | 94 |
2018-02-01 | $161,950 (-10.0%) | $248,852 (-6.9%) | 0.00 | 84 |
2018-03-01 | $165,000 (-13.4%) | $251,683 (-2.4%) | 0.00 | 75 |
2018-04-01 | $162,125 (-15.8%) | $240,964 (-11.6%) | 0.00 | 77 |
2018-05-01 | $169,950 (-8.6%) | $254,278 (-7.6%) | 0.00 | 81 |
2018-06-01 | $175,000 (-10.1%) | $249,767 (-12.5%) | 0.00 | 98 |
2018-07-01 | $189,950 (-7.3%) | $266,735 (-13.7%) | 0.00 | 98 |
2018-08-01 | $172,475 (-5.2%) | $263,230 (-7.2%) | 0.00 | 89 |
2018-09-01 | $182,450 (5.8%) | $272,889 (1.5%) | 0.00 | 85 |
2018-10-01 | $179,900 (14.3%) | $269,102 (17.0%) | 0.00 | 93 |
2018-11-01 | $189,450 (26.4%) | $313,253 (36.4%) | 0.00 | 86 |
2018-12-01 | $179,900 (12.5%) | $300,817 (19.6%) | 0.00 | 91 |
2019-01-01 | $177,400 (11.8%) | $282,087 (16.8%) | 0.00 | 84 |
2019-02-01 | $194,225 (19.9%) | $298,635 (20.0%) | 0.00 | 65 |
2019-03-01 | $197,100 (19.5%) | $320,124 (27.2%) | 0.00 | 69 |
2019-04-01 | $209,450 (29.2%) | $344,145 (42.8%) | 0.00 | 73 |
2019-05-01 | $219,975 (29.4%) | $386,347 (51.9%) | 0.00 | 66 |
2019-06-01 | $219,000 (25.1%) | $326,305 (30.6%) | 0.00 | 72 |
2019-07-01 | $175,000 (-7.9%) | $270,261 (1.3%) | 0.00 | 71 |
2019-08-01 | $182,927 (6.1%) | $271,317 (3.1%) | 0.00 | 70 |
2019-09-01 | $182,968 (0.3%) | $271,519 (-0.5%) | 0.00 | 70 |
2019-10-01 | $186,250 (3.5%) | $274,119 (1.9%) | 0.00 | 68 |
2019-11-01 | $194,700 (2.8%) | $295,915 (-5.5%) | 0.00 | 69 |
2019-12-01 | $191,498 (6.5%) | $300,637 (-0.1%) | 0.00 | 66 |
2020-01-01 | $218,450 (23.1%) | $310,850 (10.2%) | 0.00 | 62 |
2020-02-01 | $176,450 (-9.2%) | $279,510 (-6.4%) | 0.00 | 59 |
2020-03-01 | $167,175 (-15.2%) | $278,391 (-13.0%) | 0.00 | 70 |
2020-04-01 | $192,425 (-8.1%) | $302,070 (-12.2%) | 0.00 | 65 |
2020-05-01 | $209,700 (-4.7%) | $300,403 (-22.3%) | 0.00 | 60 |
2020-06-01 | $188,250 (-14.0%) | $289,364 (-11.3%) | 0.00 | 61 |
2020-07-01 | $190,725 (9.0%) | $292,777 (8.3%) | 0.00 | 52 |
2020-08-01 | $229,000 (25.2%) | $315,474 (16.3%) | 0.00 | 47 |
2020-09-01 | $234,200 (28.0%) | $324,065 (19.4%) | 0.00 | 49 |
2020-10-01 | $256,950 (38.0%) | $353,558 (29.0%) | 0.00 | 53 |
2020-11-01 | $237,175 (21.8%) | $349,808 (18.2%) | 0.00 | 45 |
2020-12-01 | $204,956 (7.0%) | $356,022 (18.4%) | 0.00 | 42 |
2021-01-01 | $196,450 (-10.1%) | $355,654 (14.4%) | 0.00 | 40 |
2021-02-01 | $219,500 (24.4%) | $412,614 (47.6%) | 0.00 | 29 |
2021-03-01 | $219,000 (31.0%) | $383,968 (37.9%) | 0.00 | 30 |
2021-04-01 | $216,950 (12.8%) | $391,808 (29.7%) | 0.00 | 29 |
2021-05-01 | $255,000 (21.6%) | $494,191 (64.5%) | 0.00 | 23 |
2021-06-01 | $264,950 (40.7%) | $498,740 (72.4%) | 0.00 | 32 |
2021-07-01 | $254,500 (33.4%) | $440,527 (50.5%) | 0.00 | 39 |
2021-08-01 | $227,500 (-0.7%) | $382,614 (21.3%) | 0.00 | 45 |
2021-09-01 | $238,675 (1.9%) | $422,928 (30.5%) | 0.00 | 42 |
2021-10-01 | $219,000 (-14.8%) | $401,055 (13.4%) | 0.00 | 48 |
2021-11-01 | $261,850 (10.4%) | $398,097 (13.8%) | 0.00 | 43 |
2021-12-01 | $294,250 (43.6%) | $426,740 (19.9%) | 0.00 | 26 |
2022-01-01 | $247,445 (26.0%) | $433,068 (21.8%) | 0.00 | 24 |
2022-02-01 | $267,245 (21.8%) | $482,315 (16.9%) | 0.00 | 28 |
2022-03-01 | $274,750 (25.5%) | $440,410 (14.7%) | 0.00 | 30 |
2022-04-01 | $329,000 (51.7%) | $472,978 (20.7%) | 0.00 | 35 |
2022-05-01 | $358,725 (40.7%) | $477,035 (-3.5%) | 0.00 | 42 |
2022-06-01 | $318,725 (20.3%) | $476,817 (-4.4%) | 0.00 | 57 |
2022-07-01 | $336,250 (32.1%) | $479,984 (9.0%) | 0.00 | 73 |
2022-08-01 | $332,000 (45.9%) | $461,981 (20.7%) | 0.00 | 80 |
2022-09-01 | $327,000 (37.0%) | $445,214 (5.3%) | 0.00 | 80 |
2022-10-01 | $325,000 (48.4%) | $457,614 (14.1%) | 0.00 | 84 |
2022-11-01 | $299,000 (14.2%) | $436,047 (9.5%) | 0.00 | 100 |
2022-12-01 | $299,000 (1.6%) | $449,999 (5.5%) | 0.00 | 90 |
2023-01-01 | $309,749 (25.2%) | $464,639 (7.3%) | 0.00 | 88 |
2023-02-01 | $313,500 (17.3%) | $463,513 (-3.9%) | 0.00 | 83 |
2023-03-01 | $301,194 (9.6%) | $438,607 (-0.4%) | 0.00 | 88 |
2023-04-01 | $272,888 (-17.1%) | $384,113 (-18.8%) | 0.00 | 86 |
2023-05-01 | $279,725 (-22.0%) | $359,408 (-24.7%) | 0.00 | 85 |
2023-06-01 | $277,500 (-12.9%) | $391,373 (-17.9%) | 0.00 | 97 |
2023-07-01 | $287,000 (-14.7%) | $382,802 (-20.3%) | 0.00 | 107 |
2023-08-01 | $294,313 (-11.4%) | $398,354 (-13.8%) | 0.00 | 115 |
2023-09-01 | $325,000 (-0.6%) | $423,372 (-4.9%) | 0.00 | 108 |
2023-10-01 | $313,416 (-3.6%) | $413,890 (-9.6%) | 0.00 | 103 |
2023-11-01 | $300,944 (0.7%) | $403,602 (-7.4%) | 0.00 | 110 |
2023-12-01 | $330,000 (10.4%) | $419,865 (-6.7%) | 0.00 | 102 |
2024-01-01 | $349,000 (12.7%) | $415,062 (-10.7%) | 0.00 | 108 |
2024-02-01 | $358,725 (14.4%) | $431,633 (-6.9%) | 0.00 | 123 |
2024-03-01 | $365,000 (21.2%) | $437,386 (-0.3%) | 0.00 | 121 |
2024-04-01 | $365,000 (33.8%) | $429,950 (11.9%) | 0.00 | 120 |
2024-05-01 | $363,750 (30.0%) | $442,418 (23.1%) | 0.00 | 123 |
2024-06-01 | $320,000 (15.3%) | $430,717 (10.1%) | 0.00 | 126 |
2024-07-01 | $312,950 (9.0%) | $416,882 (8.9%) | 0.00 | 128 |
2024-08-01 | $315,000 (7.0%) | $407,030 (2.2%) | 0.00 | 142 |
2024-09-01 | $316,766 (-2.5%) | $404,755 (-4.4%) | 0.00 | 156 |
Sulphur Springs's median listing price comes in at 0% of the national average.
Sulphur Springs's average listing price for 2024-09-01 was $404,755, a difference of $-18,617 (-4.4%) versus the prior year and $-2,275 versus the prior month.
For the 2024-09-01 period, Sulphur Springs had 156 MLS listings, a difference of 14 listings (10%) versus the prior month and 48 listings (44%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sulphur Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,947 sqft |
2018-02-01 | 0 days | 1,948 sqft |
2018-03-01 | 0 days | 1,952 sqft |
2018-04-01 | 0 days | 1,984 sqft |
2018-05-01 | 0 days | 1,974 sqft |
2018-06-01 | 0 days | 1,938 sqft |
2018-07-01 | 0 days | 1,927 sqft |
2018-08-01 | 0 days | 1,871 sqft |
2018-09-01 | 0 days | 1,880 sqft |
2018-10-01 | 0 days | 1,917 sqft |
2018-11-01 | 0 days | 1,967 sqft |
2018-12-01 | 0 days | 1,919 sqft |
2019-01-01 | 0 days | 1,923 sqft |
2019-02-01 | 0 days | 1,919 sqft |
2019-03-01 | 0 days | 1,906 sqft |
2019-04-01 | 0 days | 1,951 sqft |
2019-05-01 | 0 days | 1,925 sqft |
2019-06-01 | 0 days | 1,834 sqft |
2019-07-01 | 0 days | 1,783 sqft |
2019-08-01 | 0 days | 1,803 sqft |
2019-09-01 | 0 days | 1,823 sqft |
2019-10-01 | 0 days | 1,874 sqft |
2019-11-01 | 0 days | 1,933 sqft |
2019-12-01 | 0 days | 1,953 sqft |
2020-01-01 | 0 days | 1,955 sqft |
2020-02-01 | 0 days | 1,813 sqft |
2020-03-01 | 0 days | 1,799 sqft |
2020-04-01 | 0 days | 1,940 sqft |
2020-05-01 | 0 days | 2,012 sqft |
2020-06-01 | 0 days | 1,850 sqft |
2020-07-01 | 0 days | 1,936 sqft |
2020-08-01 | 0 days | 1,904 sqft |
2020-09-01 | 0 days | 1,943 sqft |
2020-10-01 | 0 days | 1,997 sqft |
2020-11-01 | 0 days | 1,959 sqft |
2020-12-01 | 0 days | 1,897 sqft |
2021-01-01 | 0 days | 1,799 sqft |
2021-02-01 | 0 days | 1,907 sqft |
2021-03-01 | 0 days | 1,875 sqft |
2021-04-01 | 0 days | 1,850 sqft |
2021-05-01 | 0 days | 1,960 sqft |
2021-06-01 | 0 days | 1,939 sqft |
2021-07-01 | 0 days | 1,947 sqft |
2021-08-01 | 0 days | 1,899 sqft |
2021-09-01 | 0 days | 1,913 sqft |
2021-10-01 | 0 days | 1,800 sqft |
2021-11-01 | 0 days | 1,803 sqft |
2021-12-01 | 0 days | 1,931 sqft |
2022-01-01 | 0 days | 1,690 sqft |
2022-02-01 | 0 days | 1,904 sqft |
2022-03-01 | 0 days | 1,780 sqft |
2022-04-01 | 0 days | 1,784 sqft |
2022-05-01 | 0 days | 1,975 sqft |
2022-06-01 | 0 days | 1,950 sqft |
2022-07-01 | 0 days | 1,947 sqft |
2022-08-01 | 0 days | 1,905 sqft |
2022-09-01 | 0 days | 1,871 sqft |
2022-10-01 | 0 days | 1,840 sqft |
2022-11-01 | 0 days | 1,748 sqft |
2022-12-01 | 0 days | 1,763 sqft |
2023-01-01 | 0 days | 1,890 sqft |
2023-02-01 | 0 days | 1,801 sqft |
2023-03-01 | 0 days | 1,815 sqft |
2023-04-01 | 0 days | 1,771 sqft |
2023-05-01 | 0 days | 1,714 sqft |
2023-06-01 | 0 days | 1,753 sqft |
2023-07-01 | 0 days | 1,754 sqft |
2023-08-01 | 0 days | 1,794 sqft |
2023-09-01 | 0 days | 1,894 sqft |
2023-10-01 | 0 days | 1,863 sqft |
2023-11-01 | 0 days | 1,850 sqft |
2023-12-01 | 0 days | 1,997 sqft |
2024-01-01 | 0 days | 2,037 sqft |
2024-02-01 | 0 days | 2,009 sqft |
2024-03-01 | 0 days | 1,986 sqft |
2024-04-01 | 0 days | 1,942 sqft |
2024-05-01 | 0 days | 1,941 sqft |
2024-06-01 | 0 days | 1,873 sqft |
2024-07-01 | 0 days | 1,877 sqft |
2024-08-01 | 0 days | 1,879 sqft |
2024-09-01 | 0 days | 1,865 sqft |
Sulphur Springs's median square footage for active listings during the 2024-09-01 period was 1,865 sqft. One year prior, the average listing was 1,894 sqft.