Wausau VA Loan Rates, Closing Costs & Stats

WAUSAU-WESTON, WI

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.

Wausau's 42 lenders originated 176 VA loans during 2024. The total origination value was $50,080,000, with an average VA loan value of $284,545.

Wausau VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Wausau averaged 0.23% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

Wausau's average VA mortgage closing costs are $4,868.

The average rate for the prior week (2025-06-13) was 6.78% and one month ago for the week of 2025-05-16, the average rate was 7.04%.

The average rate one year ago was 6.94%.

For refis of the same type during the week of 2025-06-20, the average rate was 0.14%.

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

Wausau 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 Wausau level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 51 6.54% $5,588
FREEDOM MORTGAGE CORPORATION 15 6.03% $6,549
UNITED WHOLESALE MORTGAGE, LLC 13 5.90% $6,721
USAA Federal Savings Bank 12 6.01% $7,750
PENNYMAC LOAN SERVICES, LLC 8 5.78% $7,815
GUILD MORTGAGE COMPANY 7 6.64% $8,043
NAVY FEDERAL CREDIT UNION 7 5.96% $3,458
QUICKEN LOANS, LLC 6 5.89% $5,956
PLANET HOME LENDING, LLC 4 6.00% $2,172
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.84% $8,346
Mr. Cooper ( Nationstar Mortgage ) 3 6.00% $11,293
Paramount Residential Mortgage Group, Inc. 3 6.79% $10,017
Barrington Bank & Trust Company, N.A. 3 6.25% $11,196
Prosperity Home Mortgage, LLC 3 6.38% $6,776
EVERETT FINANCIAL, INC. 2 6.63% $10,297
CLEARPATH LENDING 2 5.50% $8,583
NEWREZ LLC 2 6.00% $3,706
Associated Bank 2 6.31% $10,787
NEW DAY FINANCIAL, LLC 1 8.24% $5,974
Plains Commerce Bank 1 7.25% $3,724
Royal Credit Union 1 6.75% $3,668
University of Wisconsin Credit Union 1 6.75% $3,858
U.S. Bank 1 6.50% $19,132
Armed Forces Bank 1 6.25% $4,259
Wells Fargo Bank 1 6.63% $1,753
Bank Five Nine 1 5.63% $3,875
BROKER SOLUTIONS, INC. 1 6.25% $18,804
CARDINAL FINANCIAL 1 7.25% $9,620
Carrington Mortgage Services, LLC 1 6.63% $7,832
CROSSCOUNTRY MORTGAGE, LLC 1 5.75% $10,026
FIRST COMMUNITY MORTGAGE, INC. 1 6.25% $5,468
FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 7.25% $15,658
GoPrime Mortgage, Inc. 1 5.88% $3,934
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.50% $2,738
Ixonia Bank 1 7.25% $968
LAKEVIEW LOAN SERVICING, LLC 1 6.75% $5,653
LEADERONE FINANCIAL CORPORATION 1 7.75% $8,743
LOANDEPOT.COM, LLC 1 6.63% $2,816
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $5,343
MOVEMENT MORTGAGE, LLC 1 6.13% $3,791
Nations Lending Corporation 1 6.50% $3,576
NBKC BANK 1 6.13% $2,565

The top Wausau VA lender as defined by loan originations is Mortgage Research Center, LLC, with 51 VA loans originated. Their average total fees are $5,588, which is $961 lower than the next largest lender, FREEDOM MORTGAGE CORPORATION.

The lowest fee Wausau VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,588), FREEDOM MORTGAGE CORPORATION ($6,549), UNITED WHOLESALE MORTGAGE, LLC ($6,721), USAA Federal Savings Bank ($7,750) and .

The lowest rate Wausau VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.90%), USAA Federal Savings Bank (6.01%), FREEDOM MORTGAGE CORPORATION (6.03%), Mortgage Research Center, LLC (6.54%) and .

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.