There were 1,140 VA home purchases in Minnesota in the fourth quarter of the VA's fiscal year 2022, totaling $385.8 million in loans, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA interest rate reduction refinance loan (IRRRL) amount in Minnesota during the fourth quarter of fiscal year 2022 was $255,968, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Minnesota in the first quarter of fiscal year 2023 was $333,816, according to figures provided by the Veterans Affairs Home Loans Index.
The VA issued three Interest Rate Reduction Refinance Loans in Minnesota during the fourth quarter of fiscal year 2022, compared to 43 loans the previous quarter, according to figures provided by the Veterans Affairs Home Loans Index.