What are current va rates in Winnebago County?

Today's va rates in Winnebago County start at 7.172% for qualified borrowers. Rates are updated daily using live investor pricing data from Safe Rate's pricing engine.

VA Loan Rates — who qualifies in Winnebago County?

VA loans offer 0% down payment with no PMI for eligible veterans and active-duty military. See today's VA rates.

What are current mortgage rates in Winnebago County?

As of today, a standard conventional rate in Winnebago County is 7.172% (APR 7.207%) for a 30-year fixed loan. This assumes a 20% down payment and a 740+ credit score. Rates are updated daily using Safe Rate's live pricing engine.

How much does a home cost in Winnebago County?

The average home value in Winnebago County is $194,092, with +23.9% appreciation over the past two years. At a 2.8x price-to-income ratio, affordability remains reasonable compared to many U.S. markets.

What is the typical monthly mortgage payment in Winnebago County?

Based on the average home value with a standard conventional loan, the estimated principal and interest payment is $1,088/mo. Total PITI costs will also include property taxes ($3,782/yr locally), homeowners insurance (est. $75/mo), and any applicable mortgage insurance.

How do I qualify for a mortgage?

Conventional loans typically require a 620+ credit score and 3–20% down. With 20% down you avoid PMI. FHA loans are available with as little as 3.5% down and a 580+ credit score. VA loans offer 0% down for eligible veterans. Requirements vary by loan program. Contact a licensed loan officer for guidance specific to your situation.

How are these mortgage rates calculated?

Safe Rate Mortgage (NMLS #1590949) updates these rates daily using live investor rate sheets. Your actual rate may vary based on credit score, down payment, and property type.

Safe Rate Local

Mortgage Rates in Winnebago County, IL

7.172%APR 7.207% · $1,088/mo (20% Down)

Updated daily · May 21, 2026+0.213% (14d)

Safe Rate Mortgage20% Down Conv.

← Back to Winnebago County Hub

14-Day Rate Trend

↑ +0.213%

LO 6.923%HI 7.172%TODAY 7.172%

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VA Loan Details for Winnebago County

2025 VA guidelines · Eligible veterans, active duty & surviving spouses

✅

No monthly mortgage insurance — ever

A comparable conventional loan with <20% down would add approx. $142/mo in PMI. VA loans eliminate this cost for the life of the loan.

Down Payment

0% required · no loan limit

Min. Credit Score

620+

Varies by lender

VA Funding Fee

$4,320

2.15% first use · can be financed

PMI

None

Eliminated for all VA loans

VA Funding Fee Table (2025)

Use	0% Down	5–9% Down	10%+ Down
First Use	2.15%	1.50%	1.25%
Subsequent	3.30%	1.50%	1.25%
Exempt	10%+ VA disability rating · Purple Heart · surviving spouses

• VA entitlement allows multiple VA loans simultaneously if prior loan is paid off or entitlement is restored
• No prepayment penalty — pay off your loan early at no cost
• VA IRRRL (streamline refinance) available with no appraisal, minimal paperwork

Product	Key Attributes	Rate / APR ↑	Mo. Payment ↕	Points
VA 0% Down VA purchase, no down payment	0% Down700 FICO30-yr	6.460% 6.709% APR	$1,292 Principal & Interest	$0 Points
VA IRRRL VA streamline refinance	0% Down640 FICO30-yr	6.483% 6.639% APR	$1,155 Principal & Interest	$0 Points

Safe Rate Mortgage Pricing for Winnebago County

Median Home Value

$194,092

2-Yr Appreciation

23.9%

increase

Median Income

$70,173

household

Price-to-Income

2.8x

within reach

Rates updated daily by Safe Rate Mortgage (NMLS #1590949). Your actual rate depends on credit score, down payment, and property details.

Frequently Asked Questions

Market Snapshot

FIPS 17201

Average Home Value: $194,092
Average Rent: $1,095/mo
Average Income: $70,173
Property Tax: $3,782/yr
Avg Loan: $163,144
Avg LTV: 81.2%

Estimated Insurance

Homeowners Insurance

HO-3 policy · covers dwelling, property & liability

$75/mo

Flood Insurance$32/mo

Risk TierModerate

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Safe Rate Mortgage. NMLS #1590949. Rates shown are representative estimates. Illinois Residential Mortgage Licensee. Loans subject to credit and property approval. Rates and terms are subject to change without notice.