Williston VA Loan Rates, Closing Costs & Stats

Williston, ND

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.

Williston's 24 lenders originated 57 VA loans during 2022. The total origination value was $18,145,000, with an average VA loan value of $318,333.

Williston VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Williston averaged -0.37% for the week of 2024-02-23, compared to the national average (all VA variants) of 0% for the same period.

Williston's average VA mortgage closing costs are $6,089.

The average rate for the prior week (2024-02-16) was 6.01% and one month ago for the week of 2024-01-19, the average rate was 5.86%.

The average rate one year ago was 5.98%.

For refis of the same type during the week of 2024-02-23, the average rate was -0.2%.

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

Williston 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 Williston level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 15 4.47% $5,119
QUICKEN LOANS, LLC 4 3.19% $16,232
Unify Home Lending Inc. 3 4.42% $7,657
USAA Federal Savings Bank 3 3.67% $11,490
GUARANTEED RATE, INC. 2 3.50% $7,724
The Federal Savings Bank 2 5.19% $18,646
Mr. Cooper ( Nationstar Mortgage ) 2 3.13% $5,009
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.56% $17,502
NAVY FEDERAL CREDIT UNION 2 3.56% $4,856
U.S. Bank 2 5.88% $8,385
First International Bank & Trust 2 3.94% $4,025
Gate City Bank 2 4.25% $9,204
WESTERN COOPERATIVE CREDIT UNION 1 4.15% $4,055
Barrington Bank & Trust Company, N.A. 1 3.50% $8,132
CALIBER HOME LOANS, INC. 1 4.55% $21,887
Flagstar Bank, FSB 1 3.25% $6,463
FREEDOM MORTGAGE CORPORATION 1 2.38% $3,466
GUILD MORTGAGE COMPANY 1 4.25% $13,271
LOANDEPOT.COM, LLC 1 3.25% $13,198
NEWREZ LLC 1 4.25% $9,754
The Central Trust Bank 1 4.63% $8,265
UNITED WHOLESALE MORTGAGE, LLC 1 5.00% $6,365
VILLAGE CAPITAL MORTGAGE 1 5.38% $7,749
Armed Forces Bank 1 4.25% $3,893

The top Williston VA lender as defined by loan originations is Mortgage Research Center, LLC, with 15 VA loans originated. Their average total fees are $5,119, which is $11,113 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Williston VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,119), .

The lowest rate Williston VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (4.47%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Williston (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 $234,500 (-3.1%) $261,852 (-1.9%) 0.00 171
2018-02-01 $229,675 (-4.3%) $258,040 (-0.4%) 0.00 178
2018-03-01 $229,900 (-6.8%) $259,740 (-1.6%) 0.00 185
2018-04-01 $239,225 (-7.6%) $268,355 (-2.4%) 0.00 191
2018-05-01 $250,000 (0.0%) $291,585 (9.6%) 0.00 201
2018-06-01 $259,000 (6.2%) $296,289 (12.8%) 0.00 187
2018-07-01 $257,225 (5.4%) $287,015 (-0.7%) 0.00 188
2018-08-01 $260,000 (4.0%) $298,693 (1.4%) 0.00 195
2018-09-01 $260,000 (4.0%) $294,428 (3.1%) 0.00 204
2018-10-01 $247,450 (7.1%) $293,917 (8.3%) 0.00 192
2018-11-01 $249,925 (9.5%) $300,911 (12.7%) 0.00 178
2018-12-01 $239,900 (6.6%) $302,358 (11.3%) 0.00 158
2019-01-01 $242,475 (3.4%) $323,069 (23.4%) 0.00 133
2019-02-01 $239,900 (4.5%) $307,926 (19.3%) 0.00 119
2019-03-01 $254,814 (10.8%) $319,863 (23.2%) 0.00 119
2019-04-01 $266,089 (11.2%) $311,748 (16.2%) 0.00 124
2019-05-01 $279,450 (11.8%) $300,216 (3.0%) 0.00 130
2019-06-01 $299,950 (15.8%) $330,491 (11.5%) 0.00 161
2019-07-01 $298,475 (16.0%) $333,532 (16.2%) 0.00 153
2019-08-01 $300,418 (15.6%) $334,028 (11.8%) 0.00 155
2019-09-01 $304,120 (17.0%) $331,227 (12.5%) 0.00 157
2019-10-01 $302,589 (22.3%) $325,982 (10.9%) 0.00 162
2019-11-01 $292,500 (17.0%) $322,336 (7.1%) 0.00 172
2019-12-01 $300,000 (25.1%) $325,555 (7.7%) 0.00 165
2020-01-01 $297,425 (22.7%) $320,172 (-0.9%) 0.00 135
2020-02-01 $292,450 (21.9%) $325,187 (5.6%) 0.00 126
2020-03-01 $304,825 (19.6%) $336,370 (5.2%) 0.00 133
2020-04-01 $298,950 (12.4%) $330,959 (6.2%) 0.00 142
2020-05-01 $292,900 (4.8%) $327,323 (9.0%) 0.00 155
2020-06-01 $275,000 (-8.3%) $302,517 (-8.5%) 0.00 143
2020-07-01 $275,000 (-7.9%) $303,277 (-9.1%) 0.00 146
2020-08-01 $274,950 (-8.5%) $300,373 (-10.1%) 0.00 171
2020-09-01 $289,500 (-4.8%) $297,724 (-10.1%) 0.00 182
2020-10-01 $292,900 (-3.2%) $298,502 (-8.4%) 0.00 200
2020-11-01 $279,975 (-4.3%) $305,533 (-5.2%) 0.00 212
2020-12-01 $281,225 (-6.3%) $312,534 (-4.0%) 0.00 211
2021-01-01 $289,000 (-2.8%) $318,611 (-0.5%) 0.00 202
2021-02-01 $296,975 (1.6%) $326,215 (0.3%) 0.00 181
2021-03-01 $299,000 (-1.9%) $327,156 (-2.7%) 0.00 176
2021-04-01 $299,450 (0.2%) $330,487 (-0.1%) 0.00 177
2021-05-01 $307,450 (5.0%) $331,269 (1.2%) 0.00 170
2021-06-01 $321,500 (16.9%) $336,589 (11.3%) 0.00 167
2021-07-01 $322,450 (17.3%) $335,036 (10.5%) 0.00 187
2021-08-01 $294,450 (7.1%) $320,147 (6.6%) 0.00 201
2021-09-01 $283,650 (-2.0%) $319,806 (7.4%) 0.00 190
2021-10-01 $289,900 (-1.0%) $322,625 (8.1%) 0.00 185
2021-11-01 $287,450 (2.7%) $323,426 (5.9%) 0.00 176
2021-12-01 $271,250 (-3.6%) $318,384 (1.9%) 0.00 162
2022-01-01 $297,500 (2.9%) $320,967 (0.7%) 0.00 130
2022-02-01 $280,000 (-5.7%) $317,622 (-2.6%) 0.00 121
2022-03-01 $354,975 (18.7%) $339,402 (3.7%) 0.00 93
2022-04-01 $379,900 (26.9%) $354,371 (7.2%) 0.00 100
2022-05-01 $377,450 (22.8%) $366,338 (10.6%) 0.00 99
2022-06-01 $359,375 (11.8%) $364,040 (8.2%) 0.00 105
2022-07-01 $375,000 (16.3%) $361,876 (8.0%) 0.00 128
2022-08-01 $347,850 (18.1%) $349,436 (9.2%) 0.00 118
2022-09-01 $357,450 (26.0%) $372,981 (16.6%) 0.00 119
2022-10-01 $330,000 (13.8%) $383,425 (18.9%) 0.00 131
2022-11-01 $359,900 (25.2%) $401,121 (24.0%) 0.00 128
2022-12-01 $354,500 (30.7%) $405,862 (27.5%) 0.00 125
2023-01-01 $381,175 (28.1%) $423,973 (32.1%) 0.00 123
2023-02-01 $366,100 (30.8%) $421,709 (32.8%) 0.00 102
2023-03-01 $379,950 (7.0%) $434,748 (28.1%) 0.00 88
2023-04-01 $377,000 (-0.8%) $391,776 (10.6%) 0.00 70
2023-05-01 $395,000 (4.7%) $398,439 (8.8%) 0.00 70
2023-06-01 $437,250 (21.7%) $439,824 (20.8%) 0.00 76
2023-07-01 $389,975 (4.0%) $453,276 (25.3%) 0.00 83
2023-08-01 $397,500 (14.3%) $460,929 (31.9%) 0.00 85
2023-09-01 $395,000 (10.5%) $445,112 (19.3%) 0.00 89
2023-10-01 $359,750 (9.0%) $449,827 (17.3%) 0.00 96
2023-11-01 $331,250 (-8.0%) $426,938 (6.4%) 0.00 92
2023-12-01 $347,450 (-2.0%) $440,932 (8.6%) 0.00 92
Williston's median listing price for 2023-12-01 was $347,450, a difference of $-7,050 (-2.0%) versus the prior year and $16,200 versus the prior month.

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

Williston's average listing price for 2023-12-01 was $440,932, a difference of $35,070 (8.6%) versus the prior year and $13,994 versus the prior month.

For the 2023-12-01 period, Williston had 92 MLS listings, a difference of 0 listings (0%) versus the prior month and -33 listings (-26%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Williston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,004 sqft
2018-02-01 0 days 1,886 sqft
2018-03-01 0 days 1,819 sqft
2018-04-01 0 days 1,920 sqft
2018-05-01 0 days 2,000 sqft
2018-06-01 0 days 1,984 sqft
2018-07-01 0 days 1,944 sqft
2018-08-01 0 days 1,997 sqft
2018-09-01 0 days 1,993 sqft
2018-10-01 0 days 1,895 sqft
2018-11-01 0 days 1,912 sqft
2018-12-01 0 days 1,920 sqft
2019-01-01 0 days 1,956 sqft
2019-02-01 0 days 1,952 sqft
2019-03-01 0 days 1,938 sqft
2019-04-01 0 days 1,902 sqft
2019-05-01 0 days 1,882 sqft
2019-06-01 0 days 2,038 sqft
2019-07-01 0 days 2,087 sqft
2019-08-01 0 days 2,160 sqft
2019-09-01 0 days 2,205 sqft
2019-10-01 0 days 2,188 sqft
2019-11-01 0 days 2,130 sqft
2019-12-01 0 days 2,106 sqft
2020-01-01 0 days 2,079 sqft
2020-02-01 0 days 2,013 sqft
2020-03-01 0 days 2,025 sqft
2020-04-01 0 days 2,083 sqft
2020-05-01 0 days 2,084 sqft
2020-06-01 0 days 2,056 sqft
2020-07-01 0 days 2,046 sqft
2020-08-01 0 days 2,072 sqft
2020-09-01 0 days 2,030 sqft
2020-10-01 0 days 2,150 sqft
2020-11-01 0 days 2,030 sqft
2020-12-01 0 days 2,083 sqft
2021-01-01 0 days 2,128 sqft
2021-02-01 0 days 2,202 sqft
2021-03-01 0 days 2,184 sqft
2021-04-01 0 days 2,243 sqft
2021-05-01 0 days 2,280 sqft
2021-06-01 0 days 2,272 sqft
2021-07-01 0 days 2,244 sqft
2021-08-01 0 days 2,097 sqft
2021-09-01 0 days 2,099 sqft
2021-10-01 0 days 2,156 sqft
2021-11-01 0 days 2,196 sqft
2021-12-01 0 days 2,150 sqft
2022-01-01 0 days 2,174 sqft
2022-02-01 0 days 2,189 sqft
2022-03-01 0 days 1,895 sqft
2022-04-01 0 days 1,820 sqft
2022-05-01 0 days 1,805 sqft
2022-06-01 0 days 1,897 sqft
2022-07-01 0 days 1,832 sqft
2022-08-01 0 days 1,821 sqft
2022-09-01 0 days 1,823 sqft
2022-10-01 0 days 1,890 sqft
2022-11-01 0 days 1,906 sqft
2022-12-01 0 days 1,847 sqft
2023-01-01 0 days 1,821 sqft
2023-02-01 0 days 1,741 sqft
2023-03-01 0 days 1,785 sqft
2023-04-01 0 days 1,756 sqft
2023-05-01 0 days 1,735 sqft
2023-06-01 0 days 1,850 sqft
2023-07-01 0 days 1,880 sqft
2023-08-01 0 days 1,913 sqft
2023-09-01 0 days 1,879 sqft
2023-10-01 0 days 1,921 sqft
2023-11-01 0 days 1,878 sqft
2023-12-01 0 days 1,886 sqft
Williston's median listing age (time on market) for 2023-12-01 was 0 days.

Williston's median square footage for active listings during the 2023-12-01 period was 1,886 sqft. One year prior, the average listing was 1,847 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.