Whitewater VA Loan Rates, Closing Costs & Stats

Whitewater, WI

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Whitewater's 30 lenders originated 68 VA loans during 2023. The total origination value was $22,570,000, with an average VA loan value of $331,912.

    Whitewater VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Whitewater averaged 7.04% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Whitewater's average VA mortgage closing costs are $5,230.

    The average rate for the prior week (2024-04-12) was 7.07% and one month ago for the week of 2024-03-15, the average rate was 6.83%.

    The average rate one year ago was 6.42%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.02%.

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

    Whitewater 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 Whitewater level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 15 6.62% $6,127
    UNITED WHOLESALE MORTGAGE, LLC 5 6.47% $15,411
    FREEDOM MORTGAGE CORPORATION 5 6.88% $10,472
    NAVY FEDERAL CREDIT UNION 5 5.73% $7,479
    A + MORTGAGE SERVICES, INC. 3 6.21% $6,815
    USAA Federal Savings Bank 2 6.38% $3,986
    Barrington Bank & Trust Company, N.A. 2 6.25% $7,437
    BROKER SOLUTIONS, INC. 2 5.63% $11,242
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.00% $7,481
    PENNYMAC LOAN SERVICES, LLC 2 6.00% $17,329
    QUICKEN LOANS, LLC 2 6.75% $8,181
    CARDINAL FINANCIAL 1 6.50% $19,395
    GREENSTATE CREDIT UNION 1 5.25% $6,293
    GUARANTEED RATE, INC. 1 5.70% $2,957
    GUILD MORTGAGE COMPANY 1 6.13% $5,137
    HOMESIDE FINANCIAL, LLC 1 6.75% $1,628
    MORTGAGE CENTER L.C 1 7.13% $5,057
    BNC National Bank 1 5.25% $9,379
    MOVEMENT MORTGAGE, LLC 1 5.63% $11,866
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $6,461
    Bank of England 1 6.25% $13,822
    NEW DAY FINANCIAL, LLC 1 8.75% $8,230
    Bank Five Nine 1 6.38% $3,896
    PLANET HOME LENDING, LLC 1 6.50% $10,760
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $9,044
    Regions Bank 1 5.75% $5,475
    THOMPSON KANE & COMPANY, LLC 1 7.50% $4,380
    CMG MORTGAGE, INC. 1 7.13% $5,578
    ENVOY MORTGAGE, LTD 1 7.63% $4,740
    TOWNE MORTGAGE COMPANY 1 6.25% $20,304

    The top Whitewater VA lender as defined by loan originations is Mortgage Research Center, LLC, with 15 VA loans originated. Their average total fees are $6,127, which is $9,284 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Whitewater VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,127), .

    The lowest rate Whitewater VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.62%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Whitewater (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 $273,945 (10.5%) $451,317 (3.5%) 0.00 718
    2018-02-01 $277,000 (6.6%) $466,860 (2.3%) 0.00 765
    2018-03-01 $279,000 (7.5%) $459,177 (1.4%) 0.00 838
    2018-04-01 $282,450 (10.3%) $452,542 (1.1%) 0.00 875
    2018-05-01 $289,725 (11.9%) $456,645 (3.2%) 0.00 935
    2018-06-01 $285,000 (6.7%) $453,959 (1.6%) 0.00 991
    2018-07-01 $280,993 (5.4%) $451,826 (1.8%) 0.00 1,005
    2018-08-01 $285,995 (8.9%) $441,863 (-0.9%) 0.00 1,017
    2018-09-01 $289,000 (3.3%) $446,660 (-3.8%) 0.00 1,010
    2018-10-01 $284,500 (1.8%) $455,782 (-1.2%) 0.00 974
    2018-11-01 $288,975 (5.1%) $451,591 (-2.0%) 0.00 881
    2018-12-01 $289,900 (5.5%) $460,282 (1.5%) 0.00 771
    2019-01-01 $289,450 (5.7%) $464,169 (2.9%) 0.00 683
    2019-02-01 $299,000 (7.9%) $479,976 (2.8%) 0.00 692
    2019-03-01 $301,411 (8.0%) $489,501 (6.6%) 0.00 760
    2019-04-01 $315,963 (11.9%) $520,804 (15.1%) 0.00 847
    2019-05-01 $325,765 (12.4%) $529,389 (15.9%) 0.00 845
    2019-06-01 $320,915 (12.6%) $518,582 (14.2%) 0.00 882
    2019-07-01 $325,000 (15.7%) $524,406 (16.1%) 0.00 905
    2019-08-01 $320,909 (12.2%) $517,948 (17.2%) 0.00 916
    2019-09-01 $314,773 (8.9%) $508,772 (13.9%) 0.00 905
    2019-10-01 $307,475 (8.1%) $502,654 (10.3%) 0.00 885
    2019-11-01 $299,900 (3.8%) $498,802 (10.5%) 0.00 766
    2019-12-01 $304,173 (4.9%) $519,930 (13.0%) 0.00 637
    2020-01-01 $299,950 (3.6%) $514,309 (10.8%) 0.00 573
    2020-02-01 $315,000 (5.4%) $534,984 (11.5%) 0.00 630
    2020-03-01 $322,125 (6.9%) $531,301 (8.5%) 0.00 676
    2020-04-01 $319,950 (1.3%) $531,792 (2.1%) 0.00 658
    2020-05-01 $315,000 (-3.3%) $529,047 (-0.1%) 0.00 688
    2020-06-01 $320,900 (0.0%) $534,917 (3.2%) 0.00 715
    2020-07-01 $328,250 (1.0%) $534,948 (2.0%) 0.00 718
    2020-08-01 $316,495 (-1.4%) $532,192 (2.8%) 0.00 689
    2020-09-01 $316,073 (0.4%) $510,223 (0.3%) 0.00 683
    2020-10-01 $305,000 (-0.8%) $527,018 (4.9%) 0.00 614
    2020-11-01 $300,000 (0.0%) $533,565 (7.0%) 0.00 542
    2020-12-01 $299,900 (-1.4%) $534,625 (2.8%) 0.00 456
    2021-01-01 $294,900 (-1.7%) $528,740 (2.8%) 0.00 383
    2021-02-01 $309,925 (-1.6%) $556,786 (4.1%) 0.00 407
    2021-03-01 $309,950 (-3.8%) $528,115 (-0.6%) 0.00 412
    2021-04-01 $322,400 (0.8%) $516,938 (-2.8%) 0.00 443
    2021-05-01 $329,900 (4.7%) $523,919 (-1.0%) 0.00 494
    2021-06-01 $326,975 (1.9%) $532,221 (-0.5%) 0.00 534
    2021-07-01 $329,900 (0.5%) $556,206 (4.0%) 0.00 555
    2021-08-01 $349,900 (10.6%) $537,415 (1.0%) 0.00 612
    2021-09-01 $348,250 (10.2%) $522,486 (2.4%) 0.00 607
    2021-10-01 $344,950 (13.1%) $538,264 (2.1%) 0.00 529
    2021-11-01 $342,625 (14.2%) $539,749 (1.2%) 0.00 465
    2021-12-01 $332,000 (10.7%) $529,400 (-1.0%) 0.00 380
    2022-01-01 $342,950 (16.3%) $532,947 (0.8%) 0.00 314
    2022-02-01 $352,250 (13.7%) $589,820 (5.9%) 0.00 284
    2022-03-01 $371,748 (19.9%) $621,519 (17.7%) 0.00 293
    2022-04-01 $375,500 (16.5%) $599,067 (15.9%) 0.00 357
    2022-05-01 $374,500 (13.5%) $607,458 (16.0%) 0.00 372
    2022-06-01 $379,450 (16.1%) $625,391 (17.5%) 0.00 380
    2022-07-01 $374,900 (13.6%) $604,848 (8.8%) 0.00 434
    2022-08-01 $379,000 (8.3%) $634,627 (18.1%) 0.00 458
    2022-09-01 $390,000 (12.0%) $591,098 (13.1%) 0.00 451
    2022-10-01 $389,000 (12.8%) $615,043 (14.3%) 0.00 405
    2022-11-01 $375,000 (9.5%) $597,017 (10.6%) 0.00 385
    2022-12-01 $380,000 (14.5%) $607,984 (14.8%) 0.00 313
    2023-01-01 $392,175 (14.4%) $603,749 (13.3%) 0.00 270
    2023-02-01 $421,820 (19.8%) $619,356 (5.0%) 0.00 279
    2023-03-01 $437,318 (17.6%) $646,349 (4.0%) 0.00 329
    2023-04-01 $458,990 (22.2%) $686,169 (14.5%) 0.00 341
    2023-05-01 $461,595 (23.3%) $755,226 (24.3%) 0.00 379
    2023-06-01 $458,895 (20.9%) $781,816 (25.0%) 0.00 436
    2023-07-01 $465,495 (24.2%) $802,501 (32.7%) 0.00 453
    2023-08-01 $462,045 (21.9%) $781,334 (23.1%) 0.00 454
    2023-09-01 $467,190 (19.8%) $793,047 (34.2%) 0.00 444
    2023-10-01 $463,495 (19.2%) $781,792 (27.1%) 0.00 438
    2023-11-01 $460,198 (22.7%) $802,948 (34.5%) 0.00 424
    2023-12-01 $469,240 (23.5%) $745,503 (22.6%) 0.00 372
    2024-01-01 $474,950 (21.1%) $760,933 (26.0%) 0.00 349
    2024-02-01 $489,975 (16.2%) $751,304 (21.3%) 0.00 369
    2024-03-01 $495,000 (13.2%) $750,240 (16.1%) 0.00 413
    Whitewater's median listing price for 2024-03-01 was $495,000, a difference of $57,682 (13.2%) versus the prior year and $5,025 versus the prior month.

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

    Whitewater's average listing price for 2024-03-01 was $750,240, a difference of $103,891 (16.1%) versus the prior year and $-1,064 versus the prior month.

    For the 2024-03-01 period, Whitewater had 413 MLS listings, a difference of 44 listings (12%) versus the prior month and 84 listings (26%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Whitewater (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,809 sqft
    2018-02-01 0 days 1,816 sqft
    2018-03-01 0 days 1,819 sqft
    2018-04-01 0 days 1,819 sqft
    2018-05-01 0 days 1,811 sqft
    2018-06-01 0 days 1,821 sqft
    2018-07-01 0 days 1,804 sqft
    2018-08-01 0 days 1,807 sqft
    2018-09-01 0 days 1,802 sqft
    2018-10-01 0 days 1,799 sqft
    2018-11-01 0 days 1,800 sqft
    2018-12-01 0 days 1,800 sqft
    2019-01-01 0 days 1,801 sqft
    2019-02-01 0 days 1,817 sqft
    2019-03-01 0 days 1,816 sqft
    2019-04-01 0 days 1,873 sqft
    2019-05-01 0 days 1,910 sqft
    2019-06-01 0 days 1,896 sqft
    2019-07-01 0 days 1,938 sqft
    2019-08-01 0 days 1,934 sqft
    2019-09-01 0 days 1,931 sqft
    2019-10-01 0 days 1,915 sqft
    2019-11-01 0 days 1,875 sqft
    2019-12-01 0 days 1,864 sqft
    2020-01-01 0 days 1,801 sqft
    2020-02-01 0 days 1,882 sqft
    2020-03-01 0 days 1,867 sqft
    2020-04-01 0 days 1,862 sqft
    2020-05-01 0 days 1,840 sqft
    2020-06-01 0 days 1,889 sqft
    2020-07-01 0 days 1,900 sqft
    2020-08-01 0 days 1,898 sqft
    2020-09-01 0 days 1,893 sqft
    2020-10-01 0 days 1,860 sqft
    2020-11-01 0 days 1,809 sqft
    2020-12-01 0 days 1,812 sqft
    2021-01-01 0 days 1,748 sqft
    2021-02-01 0 days 1,748 sqft
    2021-03-01 0 days 1,714 sqft
    2021-04-01 0 days 1,754 sqft
    2021-05-01 0 days 1,800 sqft
    2021-06-01 0 days 1,808 sqft
    2021-07-01 0 days 1,746 sqft
    2021-08-01 0 days 1,740 sqft
    2021-09-01 0 days 1,738 sqft
    2021-10-01 0 days 1,734 sqft
    2021-11-01 0 days 1,753 sqft
    2021-12-01 0 days 1,736 sqft
    2022-01-01 0 days 1,704 sqft
    2022-02-01 0 days 1,765 sqft
    2022-03-01 0 days 1,773 sqft
    2022-04-01 0 days 1,750 sqft
    2022-05-01 0 days 1,792 sqft
    2022-06-01 0 days 1,826 sqft
    2022-07-01 0 days 1,800 sqft
    2022-08-01 0 days 1,814 sqft
    2022-09-01 0 days 1,824 sqft
    2022-10-01 0 days 1,898 sqft
    2022-11-01 0 days 1,848 sqft
    2022-12-01 0 days 1,856 sqft
    2023-01-01 0 days 1,870 sqft
    2023-02-01 0 days 1,903 sqft
    2023-03-01 0 days 1,852 sqft
    2023-04-01 0 days 1,962 sqft
    2023-05-01 0 days 1,920 sqft
    2023-06-01 0 days 1,853 sqft
    2023-07-01 0 days 1,887 sqft
    2023-08-01 0 days 1,899 sqft
    2023-09-01 0 days 1,922 sqft
    2023-10-01 0 days 1,906 sqft
    2023-11-01 0 days 1,935 sqft
    2023-12-01 0 days 2,017 sqft
    2024-01-01 0 days 2,005 sqft
    2024-02-01 0 days 2,000 sqft
    2024-03-01 0 days 2,018 sqft
    Whitewater's median listing age (time on market) for 2024-03-01 was 0 days.

    Whitewater's median square footage for active listings during the 2024-03-01 period was 2,018 sqft. One year prior, the average listing was 1,852 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.