Warsaw VA Loan Rates, Closing Costs & Stats
Warsaw, IN
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.
Warsaw's 22 lenders originated 52 VA loans during 2023. The total origination value was $13,700,000, with an average VA loan value of $263,462.
Warsaw VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Warsaw
averaged
0.49%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Warsaw's average VA mortgage closing costs are $5,242.
The average rate for the prior week (2024-11-22) was
6.95% and
one month ago for the week of 2024-10-25, the
average rate was 6.75%.
The average rate one year ago was 7.59%.
For refis of the same type during the week of 2024-11-29, the average rate
was 1.52%.
Warsaw 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 Warsaw level.
The top Warsaw VA lender as defined by loan originations is Mortgage Research Center, LLC, with
14 VA loans originated. Their average total fees are
$6,175, which is $2,162
higher than the next largest lender,
RUOFF MORTGAGE COMPANY, INC..
The lowest fee Warsaw VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($6,175), .
The lowest rate Warsaw VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.74%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Warsaw (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 | $230,925 (17.9%) | $357,713 (17.9%) | 0.00 | 298 |
2018-02-01 | $225,950 (6.8%) | $352,718 (4.7%) | 0.00 | 301 |
2018-03-01 | $249,900 (11.1%) | $367,955 (3.9%) | 0.00 | 312 |
2018-04-01 | $269,375 (11.7%) | $386,852 (-0.8%) | 0.00 | 336 |
2018-05-01 | $258,850 (6.8%) | $388,138 (-2.9%) | 0.00 | 382 |
2018-06-01 | $247,900 (3.3%) | $383,682 (0.6%) | 0.00 | 402 |
2018-07-01 | $244,223 (2.2%) | $368,648 (2.8%) | 0.00 | 395 |
2018-08-01 | $234,900 (4.8%) | $354,374 (2.6%) | 0.00 | 389 |
2018-09-01 | $229,900 (2.2%) | $343,820 (0.2%) | 0.00 | 367 |
2018-10-01 | $219,900 (0.0%) | $328,106 (-2.5%) | 0.00 | 342 |
2018-11-01 | $221,200 (-4.8%) | $312,583 (-10.1%) | 0.00 | 280 |
2018-12-01 | $214,900 (-8.6%) | $310,159 (-11.2%) | 0.00 | 247 |
2019-01-01 | $210,645 (-8.8%) | $291,740 (-18.4%) | 0.00 | 241 |
2019-02-01 | $223,750 (-1.0%) | $307,379 (-12.9%) | 0.00 | 239 |
2019-03-01 | $241,514 (-3.4%) | $353,055 (-4.1%) | 0.00 | 232 |
2019-04-01 | $258,450 (-4.1%) | $395,773 (2.3%) | 0.00 | 232 |
2019-05-01 | $257,425 (-0.6%) | $395,800 (2.0%) | 0.00 | 263 |
2019-06-01 | $277,000 (11.7%) | $404,068 (5.3%) | 0.00 | 256 |
2019-07-01 | $261,625 (7.1%) | $407,919 (10.7%) | 0.00 | 262 |
2019-08-01 | $249,900 (6.4%) | $406,581 (14.7%) | 0.00 | 259 |
2019-09-01 | $249,900 (8.7%) | $399,337 (16.2%) | 0.00 | 262 |
2019-10-01 | $249,900 (13.6%) | $394,508 (20.2%) | 0.00 | 263 |
2019-11-01 | $240,000 (8.5%) | $375,726 (20.2%) | 0.00 | 244 |
2019-12-01 | $240,125 (11.7%) | $352,269 (13.6%) | 0.00 | 210 |
2020-01-01 | $247,475 (17.5%) | $377,750 (29.5%) | 0.00 | 185 |
2020-02-01 | $256,450 (14.6%) | $394,689 (28.4%) | 0.00 | 174 |
2020-03-01 | $284,900 (18.0%) | $413,122 (17.0%) | 0.00 | 171 |
2020-04-01 | $284,450 (10.1%) | $395,393 (-0.1%) | 0.00 | 178 |
2020-05-01 | $279,900 (8.7%) | $394,406 (-0.4%) | 0.00 | 173 |
2020-06-01 | $297,875 (7.5%) | $461,366 (14.2%) | 0.00 | 156 |
2020-07-01 | $270,975 (3.6%) | $451,123 (10.6%) | 0.00 | 129 |
2020-08-01 | $264,900 (6.0%) | $418,455 (2.9%) | 0.00 | 107 |
2020-09-01 | $263,125 (5.3%) | $396,411 (-0.7%) | 0.00 | 110 |
2020-10-01 | $241,950 (-3.2%) | $383,223 (-2.9%) | 0.00 | 113 |
2020-11-01 | $236,625 (-1.4%) | $375,226 (-0.1%) | 0.00 | 118 |
2020-12-01 | $238,000 (-0.9%) | $330,231 (-6.3%) | 0.00 | 95 |
2021-01-01 | $254,900 (3.0%) | $396,608 (5.0%) | 0.00 | 77 |
2021-02-01 | $299,900 (16.9%) | $466,499 (18.2%) | 0.00 | 68 |
2021-03-01 | $304,900 (7.0%) | $482,994 (16.9%) | 0.00 | 60 |
2021-04-01 | $303,900 (6.8%) | $527,826 (33.5%) | 0.00 | 63 |
2021-05-01 | $294,900 (5.4%) | $515,156 (30.6%) | 0.00 | 62 |
2021-06-01 | $311,175 (4.5%) | $557,536 (20.8%) | 0.00 | 67 |
2021-07-01 | $304,900 (12.5%) | $471,252 (4.5%) | 0.00 | 97 |
2021-08-01 | $288,225 (8.8%) | $441,460 (5.5%) | 0.00 | 87 |
2021-09-01 | $279,900 (6.4%) | $435,636 (9.9%) | 0.00 | 97 |
2021-10-01 | $269,250 (11.3%) | $428,695 (11.9%) | 0.00 | 95 |
2021-11-01 | $274,900 (16.2%) | $434,692 (15.9%) | 0.00 | 90 |
2021-12-01 | $283,200 (19.0%) | $465,628 (41.0%) | 0.00 | 77 |
2022-01-01 | $285,900 (12.2%) | $499,978 (26.1%) | 0.00 | 66 |
2022-02-01 | $310,175 (3.4%) | $547,481 (17.4%) | 0.00 | 59 |
2022-03-01 | $312,900 (2.6%) | $509,728 (5.5%) | 0.00 | 64 |
2022-04-01 | $339,900 (11.9%) | $571,152 (8.2%) | 0.00 | 64 |
2022-05-01 | $319,800 (8.4%) | $534,163 (3.7%) | 0.00 | 87 |
2022-06-01 | $338,450 (8.8%) | $512,453 (-8.1%) | 0.00 | 95 |
2022-07-01 | $319,000 (4.6%) | $442,508 (-6.1%) | 0.00 | 125 |
2022-08-01 | $317,475 (10.2%) | $429,114 (-2.8%) | 0.00 | 118 |
2022-09-01 | $349,475 (24.9%) | $437,260 (0.4%) | 0.00 | 120 |
2022-10-01 | $330,000 (22.6%) | $428,237 (-0.1%) | 0.00 | 132 |
2022-11-01 | $325,000 (18.2%) | $498,163 (14.6%) | 0.00 | 121 |
2022-12-01 | $337,000 (19.0%) | $497,074 (6.8%) | 0.00 | 90 |
2023-01-01 | $333,725 (16.7%) | $474,438 (-5.1%) | 0.00 | 86 |
2023-02-01 | $337,250 (8.7%) | $482,969 (-11.8%) | 0.00 | 90 |
2023-03-01 | $351,450 (12.3%) | $573,533 (12.5%) | 0.00 | 87 |
2023-04-01 | $350,400 (3.1%) | $542,075 (-5.1%) | 0.00 | 96 |
2023-05-01 | $362,200 (13.3%) | $557,824 (4.4%) | 0.00 | 99 |
2023-06-01 | $350,650 (3.6%) | $531,011 (3.6%) | 0.00 | 109 |
2023-07-01 | $350,900 (10.0%) | $458,783 (3.7%) | 0.00 | 126 |
2023-08-01 | $335,750 (5.8%) | $430,325 (0.3%) | 0.00 | 130 |
2023-09-01 | $319,900 (-8.5%) | $415,551 (-5.0%) | 0.00 | 147 |
2023-10-01 | $299,900 (-9.1%) | $407,161 (-4.9%) | 0.00 | 152 |
2023-11-01 | $299,700 (-7.8%) | $402,060 (-19.3%) | 0.00 | 158 |
2023-12-01 | $299,950 (-11.0%) | $425,786 (-14.3%) | 0.00 | 134 |
2024-01-01 | $305,022 (-8.6%) | $405,223 (-14.6%) | 0.00 | 106 |
2024-02-01 | $322,850 (-4.3%) | $433,498 (-10.2%) | 0.00 | 109 |
2024-03-01 | $344,950 (-1.9%) | $439,747 (-23.3%) | 0.00 | 124 |
2024-04-01 | $362,100 (3.3%) | $485,029 (-10.5%) | 0.00 | 147 |
2024-05-01 | $353,800 (-2.3%) | $495,025 (-11.3%) | 0.00 | 166 |
2024-06-01 | $361,500 (3.1%) | $486,984 (-8.3%) | 0.00 | 184 |
2024-07-01 | $325,000 (-7.4%) | $442,681 (-3.5%) | 0.00 | 210 |
2024-08-01 | $329,000 (-2.0%) | $449,678 (4.5%) | 0.00 | 201 |
2024-09-01 | $329,675 (3.1%) | $429,954 (3.5%) | 0.00 | 209 |
2024-10-01 | $332,000 (10.7%) | $410,138 (0.7%) | 0.00 | 210 |
Warsaw's median listing price comes in at 0% of the national average.
Warsaw's average listing price for 2024-10-01 was $410,138, a difference of $2,977 (0.7%) versus the prior year and $-19,816 versus the prior month.
For the 2024-10-01 period, Warsaw had 210 MLS listings, a difference of 1 listings (0%) versus the prior month and 58 listings (38%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Warsaw (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,914 sqft |
2018-02-01 | 0 days | 1,898 sqft |
2018-03-01 | 0 days | 1,891 sqft |
2018-04-01 | 0 days | 1,917 sqft |
2018-05-01 | 0 days | 1,897 sqft |
2018-06-01 | 0 days | 1,891 sqft |
2018-07-01 | 0 days | 1,812 sqft |
2018-08-01 | 0 days | 1,799 sqft |
2018-09-01 | 0 days | 1,834 sqft |
2018-10-01 | 0 days | 1,800 sqft |
2018-11-01 | 0 days | 1,822 sqft |
2018-12-01 | 0 days | 1,809 sqft |
2019-01-01 | 0 days | 1,772 sqft |
2019-02-01 | 0 days | 1,835 sqft |
2019-03-01 | 0 days | 1,889 sqft |
2019-04-01 | 0 days | 1,925 sqft |
2019-05-01 | 0 days | 1,899 sqft |
2019-06-01 | 0 days | 1,863 sqft |
2019-07-01 | 0 days | 1,842 sqft |
2019-08-01 | 0 days | 1,872 sqft |
2019-09-01 | 0 days | 1,907 sqft |
2019-10-01 | 0 days | 1,945 sqft |
2019-11-01 | 0 days | 1,886 sqft |
2019-12-01 | 0 days | 1,897 sqft |
2020-01-01 | 0 days | 1,936 sqft |
2020-02-01 | 0 days | 1,867 sqft |
2020-03-01 | 0 days | 1,898 sqft |
2020-04-01 | 0 days | 1,911 sqft |
2020-05-01 | 0 days | 1,956 sqft |
2020-06-01 | 0 days | 2,100 sqft |
2020-07-01 | 0 days | 1,941 sqft |
2020-08-01 | 0 days | 1,996 sqft |
2020-09-01 | 0 days | 2,010 sqft |
2020-10-01 | 0 days | 1,966 sqft |
2020-11-01 | 0 days | 1,910 sqft |
2020-12-01 | 0 days | 1,883 sqft |
2021-01-01 | 0 days | 1,779 sqft |
2021-02-01 | 0 days | 1,870 sqft |
2021-03-01 | 0 days | 1,885 sqft |
2021-04-01 | 0 days | 1,939 sqft |
2021-05-01 | 0 days | 1,870 sqft |
2021-06-01 | 0 days | 1,906 sqft |
2021-07-01 | 0 days | 1,846 sqft |
2021-08-01 | 0 days | 1,854 sqft |
2021-09-01 | 0 days | 1,767 sqft |
2021-10-01 | 0 days | 1,780 sqft |
2021-11-01 | 0 days | 1,757 sqft |
2021-12-01 | 0 days | 1,760 sqft |
2022-01-01 | 0 days | 1,772 sqft |
2022-02-01 | 0 days | 1,643 sqft |
2022-03-01 | 0 days | 1,659 sqft |
2022-04-01 | 0 days | 1,776 sqft |
2022-05-01 | 0 days | 1,785 sqft |
2022-06-01 | 0 days | 1,851 sqft |
2022-07-01 | 0 days | 1,939 sqft |
2022-08-01 | 0 days | 1,884 sqft |
2022-09-01 | 0 days | 1,866 sqft |
2022-10-01 | 0 days | 1,826 sqft |
2022-11-01 | 0 days | 1,956 sqft |
2022-12-01 | 0 days | 1,950 sqft |
2023-01-01 | 0 days | 1,890 sqft |
2023-02-01 | 0 days | 1,857 sqft |
2023-03-01 | 0 days | 2,060 sqft |
2023-04-01 | 0 days | 2,092 sqft |
2023-05-01 | 0 days | 2,116 sqft |
2023-06-01 | 0 days | 2,048 sqft |
2023-07-01 | 0 days | 2,011 sqft |
2023-08-01 | 0 days | 1,904 sqft |
2023-09-01 | 0 days | 1,914 sqft |
2023-10-01 | 0 days | 1,867 sqft |
2023-11-01 | 0 days | 1,778 sqft |
2023-12-01 | 0 days | 1,760 sqft |
2024-01-01 | 0 days | 1,794 sqft |
2024-02-01 | 0 days | 1,846 sqft |
2024-03-01 | 0 days | 1,932 sqft |
2024-04-01 | 0 days | 1,997 sqft |
2024-05-01 | 0 days | 2,002 sqft |
2024-06-01 | 0 days | 1,796 sqft |
2024-07-01 | 0 days | 1,769 sqft |
2024-08-01 | 0 days | 1,804 sqft |
2024-09-01 | 0 days | 1,792 sqft |
2024-10-01 | 0 days | 1,725 sqft |
Warsaw's median square footage for active listings during the 2024-10-01 period was 1,725 sqft. One year prior, the average listing was 1,867 sqft.