Walla Walla VA Loan Rates, Closing Costs & Stats

WALLA WALLA, WA

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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.

    Walla Walla's 28 lenders originated 75 VA loans during 2024. The total origination value was $29,895,000, with an average VA loan value of $398,600.

    Walla Walla VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Walla Walla averaged 0.26% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Walla Walla's average VA mortgage closing costs are $6,888.

    The average rate for the prior week (2025-06-27) was 6.89% and one month ago for the week of 2025-05-30, the average rate was 7.02%.

    The average rate one year ago was 6.93%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.2%.

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

    Walla Walla 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 Walla Walla level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 11 6.51% $5,158
    CMG MORTGAGE, INC. 6 6.00% $15,612
    QUICKEN LOANS, LLC 6 5.68% $12,093
    UNITED WHOLESALE MORTGAGE, LLC 5 5.80% $10,730
    USAA Federal Savings Bank 5 5.80% $8,784
    NAVY FEDERAL CREDIT UNION 5 5.93% $3,872
    FREEDOM MORTGAGE CORPORATION 5 6.28% $13,286
    PENNYMAC LOAN SERVICES, LLC 3 5.16% $10,459
    PREMIER MORTGAGE RESOURCES, L.L.C. 3 6.58% $8,753
    BROKER SOLUTIONS, INC. 2 6.62% $13,243
    CHURCHILL MORTGAGE CORPORATION 2 6.69% $11,273
    JPMorgan Chase Bank 2 6.00% $2,860
    Banner Bank 2 6.13% $8,836
    UNION HOME MORTGAGE CORP. 1 6.63% $20,472
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.25% $8,370
    VILLAGE CAPITAL MORTGAGE 1 6.63% $2,194
    Barrington Bank & Trust Company, N.A. 1 6.75% $4,005
    CALCON MUTUAL MORTGAGE LLC 1 6.13% $4,835
    Carrington Mortgage Services, LLC 1 5.63% $26,817
    Century Mortgage Company DBA Century Lending Company 1 6.75% $14,251
    CROSSCOUNTRY MORTGAGE, LLC 1 5.25% $6,159
    First Federal Bank 1 5.63% $34,771
    GUILD MORTGAGE COMPANY 1 6.13% $18,699
    NATIONS DIRECT MORTGAGE, LLC 1 6.25% $4,129
    NEW DAY FINANCIAL, LLC 1 7.75% $26,603
    NEWREZ LLC 1 5.99% $6,844
    Old National Bank 1 5.25% $8,453
    The Loan Store, Inc. 1 6.25% $3,778

    The top Walla Walla VA lender as defined by loan originations is Mortgage Research Center, LLC, with 11 VA loans originated. Their average total fees are $5,158, which is $10,454 lower than the next largest lender, CMG MORTGAGE, INC..

    The lowest fee Walla Walla VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,158), .

    The lowest rate Walla Walla VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.51%), .

    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.