Warrensburg VA Loan Rates, Closing Costs & Stats

Warrensburg, MO

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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.

    Warrensburg's 53 lenders originated 255 VA loans during 2023. The total origination value was $72,255,000, with an average VA loan value of $283,353.

    Warrensburg VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Warrensburg averaged 6.76% for the week of 2024-11-08, compared to the national average (all VA variants) of 6.34% for the same period.

    Warrensburg's average VA mortgage closing costs are $5,447.

    The average rate for the prior week (2024-11-01) was 6.52% and one month ago for the week of 2024-10-04, the average rate was 6.04%.

    The average rate one year ago was 7.4%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.34%.

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

    Warrensburg 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 Warrensburg level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 40 6.60% $6,358
    FLAT BRANCH MORTGAGE, INC. 38 6.50% $7,504
    Mortgage Research Center, LLC 36 6.67% $5,940
    Midwest Mortgage Associates Corporation 29 6.56% $6,106
    NAVY FEDERAL CREDIT UNION 12 6.15% $7,113
    QUICKEN LOANS, LLC 11 6.24% $12,641
    USAA Federal Savings Bank 7 6.32% $6,825
    PENNYMAC LOAN SERVICES, LLC 4 5.25% $5,645
    NEW DAY FINANCIAL, LLC 4 7.21% $13,584
    MOVEMENT MORTGAGE, LLC 3 6.92% $9,891
    COMMUNITY MORTGAGE, LLC 3 6.58% $7,737
    LOANDEPOT.COM, LLC 3 6.58% $10,439
    LEADERONE FINANCIAL CORPORATION 2 5.88% $6,413
    Community Mortgage Banc Corporation 2 7.38% $1,748
    The Central Trust Bank 2 6.38% $7,116
    The Federal Savings Bank 2 6.50% $22,561
    UNITED WHOLESALE MORTGAGE, LLC 2 6.63% $6,487
    ZILLOW HOME LOANS, LLC 2 5.31% $8,451
    CROSSCOUNTRY MORTGAGE, LLC 2 6.25% $2,868
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.75% $598
    BROKER SOLUTIONS, INC. 2 6.06% $8,542
    CMG MORTGAGE, INC. 2 6.44% $11,027
    EVERETT FINANCIAL, INC. 2 6.63% $9,924
    GUILD MORTGAGE COMPANY 2 6.88% $10,346
    PENTAGON FEDERAL CREDIT UNION 2 6.00% $8,268
    HALLMARK HOME MORTGAGE, LLC 2 6.37% $12,521
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.25% $8,346
    SUMMIT FUNDING, INC. 1 5.75% $5,144
    CARDINAL FINANCIAL 1 6.75% $36,470
    Community First National Bank 1 6.63% $5,311
    CRESCENT MORTGAGE COMPANY 1 6.50% $3,861
    DELMAR FINANCIAL COMPANY 1 6.63% $7,279
    First Bank 1 6.50% $12,412
    FIRST COMMUNITY MORTGAGE, INC. 1 5.75% $7,049
    FIRST MORTGAGE COMPANY, INC. 1 6.75% $17,685
    First Savings Bank 1 5.75% $21,874
    First State Bank of St. Charles, Missouri 1 6.63% $18,664
    FREEDOM MORTGAGE CORPORATION 1 6.75% $28,688
    LAKEVIEW LOAN SERVICING, LLC 1 6.75% $11,345
    LOANPAL, LLC 1 5.88% $10,791
    Magnolia Bank 1 5.99% $21,033
    Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $6,080
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.13% $1,896
    NBKC BANK 1 5.50% $3,673
    NEWREZ LLC 1 5.75% $6,414
    Paramount Bank 1 7.13% $6,041
    Paramount Residential Mortgage Group, Inc. 1 5.50% $13,330
    Plains Commerce Bank 1 6.13% $13,347
    Prosperity Home Mortgage, LLC 1 6.75% $1,783
    S1L, Inc. 1 7.13% $9,130
    Service Federal Credit Union 1 6.00% $6,419
    BNC National Bank 1 5.25% $6,562
    TruHome Solutions, LLC 1 6.13% $10,141

    The top Warrensburg VA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 40 VA loans originated. Their average total fees are $6,358, which is $1,146 lower than the next largest lender, FLAT BRANCH MORTGAGE, INC..

    The lowest fee Warrensburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,940), Midwest Mortgage Associates Corporation ($6,106), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,358), NAVY FEDERAL CREDIT UNION ($7,113) and FLAT BRANCH MORTGAGE, INC. ($7,504).

    The lowest rate Warrensburg VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (6.15%), QUICKEN LOANS, LLC (6.24%), FLAT BRANCH MORTGAGE, INC. (6.50%), Midwest Mortgage Associates Corporation (6.56%) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.60%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Warrensburg (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 $159,200 (5.7%) $214,881 (11.8%) 0.00 154
    2018-02-01 $174,925 (16.6%) $220,554 (13.0%) 0.00 159
    2018-03-01 $174,900 (11.8%) $218,945 (9.6%) 0.00 166
    2018-04-01 $178,275 (8.4%) $223,796 (10.2%) 0.00 169
    2018-05-01 $184,900 (4.2%) $227,850 (10.4%) 0.00 175
    2018-06-01 $187,450 (7.4%) $236,092 (14.9%) 0.00 192
    2018-07-01 $192,500 (10.0%) $247,536 (18.1%) 0.00 198
    2018-08-01 $191,250 (15.0%) $248,698 (16.6%) 0.00 188
    2018-09-01 $198,200 (22.0%) $249,763 (18.3%) 0.00 187
    2018-10-01 $194,675 (21.7%) $237,096 (13.6%) 0.00 171
    2018-11-01 $184,900 (23.3%) $224,866 (9.6%) 0.00 159
    2018-12-01 $183,900 (17.2%) $219,372 (6.5%) 0.00 143
    2019-01-01 $181,575 (14.1%) $226,539 (5.4%) 0.00 131
    2019-02-01 $178,888 (2.3%) $227,328 (3.1%) 0.00 134
    2019-03-01 $181,893 (4.0%) $230,105 (5.1%) 0.00 146
    2019-04-01 $186,700 (4.7%) $237,587 (6.2%) 0.00 151
    2019-05-01 $194,200 (5.0%) $246,484 (8.2%) 0.00 160
    2019-06-01 $204,950 (9.3%) $256,558 (8.7%) 0.00 165
    2019-07-01 $184,200 (-4.3%) $238,120 (-3.8%) 0.00 179
    2019-08-01 $180,273 (-5.7%) $232,298 (-6.6%) 0.00 180
    2019-09-01 $182,932 (-7.7%) $231,049 (-7.5%) 0.00 181
    2019-10-01 $185,000 (-5.0%) $230,215 (-2.9%) 0.00 182
    2019-11-01 $180,000 (-2.7%) $224,094 (-0.3%) 0.00 163
    2019-12-01 $179,450 (-2.4%) $224,740 (2.5%) 0.00 142
    2020-01-01 $177,975 (-2.0%) $223,372 (-1.4%) 0.00 129
    2020-02-01 $187,000 (4.5%) $237,499 (4.5%) 0.00 110
    2020-03-01 $214,500 (17.9%) $247,669 (7.6%) 0.00 117
    2020-04-01 $247,238 (32.4%) $258,219 (8.7%) 0.00 118
    2020-05-01 $256,950 (32.3%) $272,644 (10.6%) 0.00 105
    2020-06-01 $243,700 (18.9%) $267,825 (4.4%) 0.00 100
    2020-07-01 $236,075 (28.2%) $269,057 (13.0%) 0.00 103
    2020-08-01 $249,900 (38.6%) $283,420 (22.0%) 0.00 89
    2020-09-01 $253,700 (38.7%) $281,020 (21.6%) 0.00 95
    2020-10-01 $219,900 (18.9%) $278,704 (21.1%) 0.00 92
    2020-11-01 $222,450 (23.6%) $284,764 (27.1%) 0.00 89
    2020-12-01 $226,125 (26.0%) $295,801 (31.6%) 0.00 73
    2021-01-01 $237,500 (33.5%) $312,772 (40.0%) 0.00 72
    2021-02-01 $214,950 (15.0%) $303,994 (28.0%) 0.00 52
    2021-03-01 $203,625 (-5.1%) $268,895 (8.6%) 0.00 47
    2021-04-01 $234,375 (-5.2%) $282,455 (9.4%) 0.00 45
    2021-05-01 $239,950 (-6.6%) $284,171 (4.2%) 0.00 44
    2021-06-01 $243,750 (0.0%) $303,175 (13.2%) 0.00 66
    2021-07-01 $224,900 (-4.7%) $272,282 (1.2%) 0.00 83
    2021-08-01 $213,125 (-14.7%) $263,575 (-7.0%) 0.00 96
    2021-09-01 $230,950 (-9.0%) $284,601 (1.3%) 0.00 89
    2021-10-01 $244,900 (11.4%) $319,010 (14.5%) 0.00 81
    2021-11-01 $248,000 (11.5%) $324,385 (13.9%) 0.00 85
    2021-12-01 $245,000 (8.4%) $324,839 (9.8%) 0.00 69
    2022-01-01 $239,000 (0.6%) $311,975 (-0.3%) 0.00 50
    2022-02-01 $257,975 (20.0%) $342,882 (12.8%) 0.00 48
    2022-03-01 $236,750 (16.3%) $298,505 (11.0%) 0.00 56
    2022-04-01 $249,450 (6.4%) $335,406 (18.8%) 0.00 68
    2022-05-01 $256,175 (6.8%) $349,367 (22.9%) 0.00 81
    2022-06-01 $249,750 (2.5%) $300,141 (-1.0%) 0.00 98
    2022-07-01 $249,000 (10.7%) $294,699 (8.2%) 0.00 136
    2022-08-01 $259,900 (22.0%) $299,634 (13.7%) 0.00 143
    2022-09-01 $257,250 (11.4%) $293,483 (3.1%) 0.00 143
    2022-10-01 $240,000 (-2.0%) $280,458 (-12.1%) 0.00 150
    2022-11-01 $259,900 (4.8%) $295,325 (-9.0%) 0.00 134
    2022-12-01 $259,050 (5.7%) $296,316 (-8.8%) 0.00 134
    2023-01-01 $279,675 (17.0%) $307,945 (-1.3%) 0.00 93
    2023-02-01 $280,000 (8.5%) $341,535 (-0.4%) 0.00 83
    2023-03-01 $292,475 (23.5%) $351,132 (17.6%) 0.00 80
    2023-04-01 $315,000 (26.3%) $359,716 (7.3%) 0.00 65
    2023-05-01 $299,175 (16.8%) $353,134 (1.1%) 0.00 66
    2023-06-01 $329,450 (31.9%) $396,267 (32.0%) 0.00 91
    2023-07-01 $325,000 (30.5%) $409,249 (38.9%) 0.00 100
    2023-08-01 $332,225 (27.8%) $392,095 (30.9%) 0.00 107
    2023-09-01 $335,000 (30.2%) $401,949 (37.0%) 0.00 128
    2023-10-01 $332,450 (38.5%) $388,927 (38.7%) 0.00 143
    2023-11-01 $317,425 (22.1%) $366,852 (24.2%) 0.00 153
    2023-12-01 $294,950 (13.9%) $362,224 (22.2%) 0.00 148
    2024-01-01 $322,475 (15.3%) $374,590 (21.6%) 0.00 125
    2024-02-01 $333,450 (19.1%) $394,744 (15.6%) 0.00 120
    2024-03-01 $332,400 (13.7%) $398,231 (13.4%) 0.00 130
    2024-04-01 $328,700 (4.4%) $402,946 (12.0%) 0.00 120
    2024-05-01 $360,100 (20.4%) $435,820 (23.4%) 0.00 123
    2024-06-01 $345,900 (5.0%) $416,065 (5.0%) 0.00 139
    2024-07-01 $330,750 (1.8%) $416,539 (1.8%) 0.00 162
    2024-08-01 $325,000 (-2.2%) $422,091 (7.7%) 0.00 168
    2024-09-01 $323,500 (-3.4%) $406,631 (1.2%) 0.00 175
    2024-10-01 $320,000 (-3.7%) $396,018 (1.8%) 0.00 182
    Warrensburg's median listing price for 2024-10-01 was $320,000, a difference of $-12,450 (-3.7%) versus the prior year and $-3,500 versus the prior month.

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

    Warrensburg's average listing price for 2024-10-01 was $396,018, a difference of $7,091 (1.8%) versus the prior year and $-10,613 versus the prior month.

    For the 2024-10-01 period, Warrensburg had 182 MLS listings, a difference of 7 listings (4%) versus the prior month and 39 listings (27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Warrensburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,727 sqft
    2018-02-01 0 days 1,778 sqft
    2018-03-01 0 days 1,800 sqft
    2018-04-01 0 days 1,796 sqft
    2018-05-01 0 days 1,759 sqft
    2018-06-01 0 days 1,800 sqft
    2018-07-01 0 days 1,828 sqft
    2018-08-01 0 days 1,933 sqft
    2018-09-01 0 days 1,998 sqft
    2018-10-01 0 days 2,001 sqft
    2018-11-01 0 days 1,902 sqft
    2018-12-01 0 days 1,825 sqft
    2019-01-01 0 days 1,785 sqft
    2019-02-01 0 days 1,831 sqft
    2019-03-01 0 days 1,841 sqft
    2019-04-01 0 days 1,848 sqft
    2019-05-01 0 days 1,876 sqft
    2019-06-01 0 days 1,996 sqft
    2019-07-01 0 days 1,929 sqft
    2019-08-01 0 days 1,887 sqft
    2019-09-01 0 days 1,926 sqft
    2019-10-01 0 days 1,952 sqft
    2019-11-01 0 days 1,936 sqft
    2019-12-01 0 days 1,912 sqft
    2020-01-01 0 days 1,899 sqft
    2020-02-01 0 days 1,854 sqft
    2020-03-01 0 days 1,893 sqft
    2020-04-01 0 days 1,995 sqft
    2020-05-01 0 days 2,084 sqft
    2020-06-01 0 days 2,110 sqft
    2020-07-01 0 days 2,082 sqft
    2020-08-01 0 days 2,085 sqft
    2020-09-01 0 days 2,070 sqft
    2020-10-01 0 days 1,957 sqft
    2020-11-01 0 days 2,054 sqft
    2020-12-01 0 days 2,014 sqft
    2021-01-01 0 days 1,978 sqft
    2021-02-01 0 days 1,788 sqft
    2021-03-01 0 days 1,844 sqft
    2021-04-01 0 days 1,800 sqft
    2021-05-01 0 days 1,768 sqft
    2021-06-01 0 days 1,802 sqft
    2021-07-01 0 days 1,779 sqft
    2021-08-01 0 days 1,699 sqft
    2021-09-01 0 days 1,788 sqft
    2021-10-01 0 days 1,860 sqft
    2021-11-01 0 days 1,908 sqft
    2021-12-01 0 days 1,821 sqft
    2022-01-01 0 days 1,812 sqft
    2022-02-01 0 days 1,984 sqft
    2022-03-01 0 days 1,779 sqft
    2022-04-01 0 days 1,905 sqft
    2022-05-01 0 days 1,859 sqft
    2022-06-01 0 days 1,823 sqft
    2022-07-01 0 days 1,838 sqft
    2022-08-01 0 days 1,800 sqft
    2022-09-01 0 days 1,836 sqft
    2022-10-01 0 days 1,783 sqft
    2022-11-01 0 days 1,791 sqft
    2022-12-01 0 days 1,762 sqft
    2023-01-01 0 days 1,855 sqft
    2023-02-01 0 days 1,971 sqft
    2023-03-01 0 days 1,934 sqft
    2023-04-01 0 days 1,885 sqft
    2023-05-01 0 days 2,054 sqft
    2023-06-01 0 days 2,101 sqft
    2023-07-01 0 days 2,005 sqft
    2023-08-01 0 days 2,004 sqft
    2023-09-01 0 days 1,891 sqft
    2023-10-01 0 days 1,932 sqft
    2023-11-01 0 days 1,837 sqft
    2023-12-01 0 days 1,790 sqft
    2024-01-01 0 days 1,789 sqft
    2024-02-01 0 days 1,881 sqft
    2024-03-01 0 days 1,899 sqft
    2024-04-01 0 days 1,863 sqft
    2024-05-01 0 days 1,975 sqft
    2024-06-01 0 days 1,968 sqft
    2024-07-01 0 days 1,958 sqft
    2024-08-01 0 days 1,956 sqft
    2024-09-01 0 days 1,973 sqft
    2024-10-01 0 days 1,934 sqft
    Warrensburg's median listing age (time on market) for 2024-10-01 was 0 days.

    Warrensburg's median square footage for active listings during the 2024-10-01 period was 1,934 sqft. One year prior, the average listing was 1,932 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.