Wausau VA Loan Rates, Closing Costs & Stats

WAUSAU-WESTON, WI

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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.

    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.