Bremerton VA Loan Rates, Closing Costs & Stats

BREMERTON-SILVERDALE-PORT ORCHARD, WA

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.

Bremerton's 102 lenders originated 1,087 VA loans during 2023. The total origination value was $540,615,000, with an average VA loan value of $497,346.

Bremerton VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Bremerton averaged 6.69% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

Bremerton's average VA mortgage closing costs are $8,347.

The average rate for the prior week (2024-04-05) was 6.43% and one month ago for the week of 2024-03-08, the average rate was 6.46%.

The average rate one year ago was 5.76%.

For refis of the same type during the week of 2024-04-12, the average rate was 7.03%.

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

Bremerton 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 Bremerton level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 98 6.49% $10,672
NAVY FEDERAL CREDIT UNION 64 5.73% $8,537
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 63 6.48% $10,670
NBKC BANK 54 5.72% $13,175
EAGLE HOME MORTGAGE, LLC 54 5.71% $13,111
CROSSCOUNTRY MORTGAGE, LLC 51 6.53% $10,354
UNITED WHOLESALE MORTGAGE, LLC 51 6.22% $14,337
DHI MORTGAGE COMPANY, LTD. 43 5.56% $10,559
LOANDEPOT.COM, LLC 41 5.66% $21,474
QUICKEN LOANS, LLC 40 5.96% $15,289
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 38 6.35% $15,349
MOVEMENT MORTGAGE, LLC 37 6.64% $16,346
HOMEAMERICAN MORTGAGE CORPORATION 32 5.40% $9,534
GUILD MORTGAGE COMPANY 27 6.44% $18,128
PENNYMAC LOAN SERVICES, LLC 25 5.82% $14,077
CALIBER HOME LOANS, INC. 23 5.88% $19,242
INSPIRE HOME LOANS INC. 20 5.38% $9,993
FREEDOM MORTGAGE CORPORATION 18 6.35% $21,903
USAA Federal Savings Bank 15 6.17% $11,301
BROKER SOLUTIONS, INC. 15 6.63% $18,429
The Federal Savings Bank 15 6.27% $22,813
CORNERSTONE HOME LENDING, INC. 11 6.33% $14,781
MORTGAGE SOLUTIONS OF COLORADO, LLC 11 7.31% $5,176
NEWREZ LLC 11 6.72% $13,510
AXIA FINANCIAL, LLC 8 6.03% $10,878
CMG MORTGAGE, INC. 8 6.23% $19,844
1st Security Bank of Washington 8 6.09% $13,878
PULTE MORTGAGE LLC 7 5.61% $11,184
NEW DAY FINANCIAL, LLC 6 7.37% $11,079
AMERICAN PACIFIC MORTGAGE CORPORATION 6 6.75% $17,913
BAY EQUITY LLC 5 6.17% $9,051
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.63% $7,900
PREMIER MORTGAGE RESOURCES, L.L.C. 5 6.50% $14,567
PENRITH HOME LOANS LLC 5 6.67% $7,323
HomeStreet Bank 5 5.58% $13,316
PENTAGON FEDERAL CREDIT UNION 4 5.34% $6,559
MASON MCDUFFIE MORTGAGE CORPORATION 4 6.40% $12,744
T2 FINANCIAL LLC 4 6.25% $16,623
NOVA FINANCIAL & INVESTMENT CORPORATION 4 6.00% $12,721
Mr. Cooper ( Nationstar Mortgage ) 4 6.00% $19,629
Prosperity Home Mortgage, LLC 3 6.25% $8,615
Paramount Residential Mortgage Group, Inc. 3 6.92% $14,451
Magnolia Bank 3 5.71% $17,169
MLD MORTGAGE INC. 3 6.00% $4,806
NATIONS DIRECT MORTGAGE, LLC 3 6.67% $7,749
VILLAGE CAPITAL MORTGAGE 3 6.00% $10,683
Armed Forces Bank 3 6.00% $21,947
GUARANTEED RATE AFFINITY, LLC 3 6.23% $13,117
GUARANTEED RATE, INC. 3 6.04% $15,536
Wells Fargo Bank 3 5.88% $9,834
Boeing Employees Credit Union 3 6.71% $7,147
Sunflower Bank 2 5.25% $11,278
AMERICAN FINANCIAL NETWORK, INC. 2 5.94% $21,413
AMERISAVE MORTGAGE CORPORATION 2 5.63% $12,729
CARDINAL FINANCIAL 2 7.00% $27,374
Flagstar Bank, FSB 2 6.93% $15,630
GENEVA FINANCIAL, LLC 2 6.50% $22,711
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.50% $18,295
JPMorgan Chase Bank 2 6.63% $250
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.75% $14,493
NETWORK CAPITAL FUNDING CORPORATION 2 5.44% $7,455
NFM, INC. 2 6.56% $16,548
PRIORITY HOME LENDING, LLC 2 6.50% $7,534
SAMMAMISH MORTGAGE COMPANY 2 5.63% $15,845
SeaTrust Mortgage Company 2 5.44% $19,295
SUN WEST MORTGAGE COMPANY, INC. 2 6.31% $5,360
UNION HOME MORTGAGE CORP. 2 6.69% $4,739
American Mortgage & Equity Consultants, Inc. 1 6.63% $8,590
JMAC LENDING, INC. 1 5.50% $23,441
ON Q FINANCIAL, INC. 1 8.75% $9,013
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.25% $17,228
PENINSULA COMMUNITY 1 6.63% $7,086
First Federal Savings and Loan Association of Port Angeles 1 6.00% $17,258
First Federal Bank 1 6.25% $7,648
Farmers Bank & Trust 1 4.63% $27,288
PLANET HOME LENDING, LLC 1 5.38% $20,855
ENVOY MORTGAGE, LTD 1 6.25% $8,970
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.99% $28,118
DIRECTORS MORTGAGE, INC. 1 5.75% $13,620
U.S. Bank 1 5.75% $14,645
DIGNIFIED HOME LOANS, LLC 1 5.75% $3,442
Credence Funding Corporation 1 7.38% $4,923
CHERRY CREEK MORTGAGE, LLC 1 5.50% $2,139
RELIANCE FIRST CAPITAL, LLC 1 6.00% $9,284
Renasant Bank 1 6.13% $3,178
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 5.63% $13,711
VERITAS FUNDING, LLC 1 6.88% $13,235
AMCAP MORTGAGE, LTD. 1 6.75% $7,347
Stifel Bank and Trust 1 5.75% $14,965
Carrington Mortgage Services, LLC 1 5.13% $3,669
Wallick & Volk, Inc. 1 5.88% $25,700
Barrington Bank & Trust Company, N.A. 1 7.50% $4,927
Banner Bank 1 7.00% $7,411
The Loan Store, Inc. 1 5.88% $9,452
ACADEMY MORTGAGE CORPORATION 1 6.75% $21,172
Mid-Continent Funding, Inc. 1 6.75% $10,535
Meridian Bank Corporation 1 5.75% $17,076
LOANPAL, LLC 1 5.50% $21,400
AmeriHome Mortgage Company, LLC 1 6.00% $17,258
LEADERONE FINANCIAL CORPORATION 1 5.50% $9,518
Keystone Funding, Inc. 1 5.88% $19,674
NexBank 1 6.00% $7,166

The top Bremerton VA lender as defined by loan originations is Mortgage Research Center, LLC, with 98 VA loans originated. Their average total fees are $10,672, which is $2,136 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

The lowest fee Bremerton VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,176), NAVY FEDERAL CREDIT UNION ($8,537), HOMEAMERICAN MORTGAGE CORPORATION ($9,534), INSPIRE HOME LOANS INC. ($9,993) and CROSSCOUNTRY MORTGAGE, LLC ($10,354).

The lowest rate Bremerton VA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. (5.38%), HOMEAMERICAN MORTGAGE CORPORATION (5.40%), DHI MORTGAGE COMPANY, LTD. (5.56%), LOANDEPOT.COM, LLC (5.66%) and EAGLE HOME MORTGAGE, LLC (5.71%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Bremerton (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 $400,374 (14.6%) $528,023 (12.3%) 1.48 341
2018-02-01 $404,794 (14.0%) $527,465 (9.5%) 1.47 328
2018-03-01 $399,888 (7.7%) $523,174 (3.1%) 1.40 320
2018-04-01 $422,250 (5.8%) $584,378 (6.5%) 1.43 332
2018-05-01 $455,495 (13.9%) $616,063 (7.2%) 1.52 424
2018-06-01 $433,000 (8.3%) $589,054 (3.2%) 1.44 475
2018-07-01 $439,500 (10.2%) $585,513 (5.6%) 1.47 549
2018-08-01 $427,000 (5.1%) $569,025 (2.4%) 1.43 623
2018-09-01 $409,975 (5.4%) $539,643 (-0.2%) 1.38 679
2018-10-01 $414,444 (10.7%) $545,652 (3.1%) 1.40 663
2018-11-01 $409,894 (13.5%) $539,779 (5.6%) 1.39 587
2018-12-01 $409,900 (9.3%) $528,300 (-1.1%) 1.41 492
2019-01-01 $415,944 (3.9%) $521,598 (-1.2%) 1.44 409
2019-02-01 $444,995 (9.9%) $554,403 (5.1%) 1.50 384
2019-03-01 $467,601 (16.9%) $589,697 (12.7%) 1.53 383
2019-04-01 $476,291 (12.8%) $630,683 (7.9%) 1.51 425
2019-05-01 $472,450 (3.7%) $649,878 (5.5%) 1.48 511
2019-06-01 $485,000 (12.0%) $689,689 (17.1%) 1.52 542
2019-07-01 $488,688 (11.2%) $691,915 (18.2%) 1.53 561
2019-08-01 $487,205 (14.1%) $683,654 (20.1%) 1.54 574
2019-09-01 $483,124 (17.8%) $672,399 (24.6%) 1.55 576
2019-10-01 $477,475 (15.2%) $653,297 (19.7%) 1.54 574
2019-11-01 $464,900 (13.4%) $634,269 (17.5%) 1.52 538
2019-12-01 $447,975 (9.3%) $602,156 (14.0%) 1.49 410
2020-01-01 $456,444 (9.7%) $601,625 (15.3%) 1.53 356
2020-02-01 $455,888 (2.5%) $618,684 (11.6%) 1.49 334
2020-03-01 $474,125 (1.4%) $613,437 (4.0%) 1.49 398
2020-04-01 $488,475 (2.6%) $615,789 (-2.4%) 1.53 450
2020-05-01 $490,000 (3.7%) $627,712 (-3.4%) 1.49 446
2020-06-01 $485,347 (0.1%) $660,520 (-4.2%) 1.43 436
2020-07-01 $498,500 (2.0%) $691,655 (0.0%) 1.44 431
2020-08-01 $493,307 (1.3%) $699,499 (2.3%) 1.41 415
2020-09-01 $475,879 (-1.5%) $683,330 (1.6%) 1.36 410
2020-10-01 $479,000 (0.3%) $691,980 (5.9%) 1.37 380
2020-11-01 $499,875 (7.5%) $714,408 (12.6%) 1.46 251
2020-12-01 $470,569 (5.0%) $697,673 (15.9%) 1.40 206
2021-01-01 $469,888 (3.0%) $775,756 (28.9%) 1.40 166
2021-02-01 $549,488 (20.5%) $833,965 (34.8%) 1.60 140
2021-03-01 $542,238 (14.4%) $775,826 (26.5%) 1.54 154
2021-04-01 $562,500 (15.2%) $745,602 (21.1%) 1.52 181
2021-05-01 $550,000 (12.2%) $741,691 (18.2%) 1.46 213
2021-06-01 $546,500 (12.6%) $734,021 (11.1%) 1.44 249
2021-07-01 $551,990 (10.7%) $723,481 (4.6%) 1.46 305
2021-08-01 $576,975 (17.0%) $719,937 (2.9%) 1.54 318
2021-09-01 $580,000 (21.9%) $714,170 (4.5%) 1.55 312
2021-10-01 $597,000 (24.6%) $731,719 (5.7%) 1.59 311
2021-11-01 $599,675 (20.0%) $738,070 (3.3%) 1.60 256
2021-12-01 $599,495 (27.4%) $788,527 (13.0%) 1.62 181
2022-01-01 $599,450 (27.6%) $800,568 (3.2%) 1.62 140
2022-02-01 $599,495 (9.1%) $790,509 (-5.2%) 1.56 165
2022-03-01 $609,490 (12.4%) $805,064 (3.8%) 1.53 167
2022-04-01 $602,000 (7.0%) $798,400 (7.1%) 1.44 190
2022-05-01 $639,975 (16.4%) $816,184 (10.0%) 1.46 271
2022-06-01 $635,675 (16.3%) $813,225 (10.8%) 1.42 388
2022-07-01 $600,000 (8.7%) $796,254 (10.1%) 1.35 537
2022-08-01 $629,948 (9.2%) $846,400 (17.6%) 1.46 555
2022-09-01 $605,000 (4.3%) $820,878 (14.9%) 1.41 514
2022-10-01 $599,000 (0.3%) $796,655 (8.9%) 1.41 511
2022-11-01 $592,500 (-1.2%) $771,017 (4.5%) 1.42 481
2022-12-01 $549,900 (-8.3%) $700,080 (-11.2%) 1.36 399
2023-01-01 $550,000 (-8.3%) $702,589 (-12.2%) 1.36 342
2023-02-01 $555,000 (-7.4%) $727,189 (-8.0%) 1.34 278
2023-03-01 $597,495 (-2.0%) $846,564 (5.2%) 1.41 266
2023-04-01 $607,000 (0.8%) $940,750 (17.8%) 1.41 278
2023-05-01 $649,950 (1.6%) $957,179 (17.3%) 1.47 278
2023-06-01 $649,475 (2.2%) $919,016 (13.0%) 1.46 313
2023-07-01 $650,000 (8.3%) $927,694 (16.5%) 1.48 344
2023-08-01 $650,000 (3.2%) $935,244 (10.5%) 1.49 385
2023-09-01 $634,500 (4.9%) $940,497 (14.6%) 1.48 387
2023-10-01 $637,250 (6.4%) $935,428 (17.4%) 1.50 380
2023-11-01 $599,945 (1.3%) $824,068 (6.9%) 1.43 483
2023-12-01 $599,000 (8.9%) $795,393 (13.6%) 1.46 445
2024-01-01 $599,495 (9.0%) $748,569 (6.5%) 1.46 368
2024-02-01 $588,598 (6.1%) $736,442 (1.3%) 1.42 363
2024-03-01 $600,000 (0.4%) $793,851 (-6.2%) 1.41 376
Bremerton's median listing price for 2024-03-01 was $600,000, a difference of $2,505 (0.4%) versus the prior year and $11,402 versus the prior month.

Bremerton's median listing price comes in at 141% of the national average.

Bremerton's average listing price for 2024-03-01 was $793,851, a difference of $-52,713 (-6.2%) versus the prior year and $57,409 versus the prior month.

For the 2024-03-01 period, Bremerton had 376 MLS listings, a difference of 13 listings (4%) versus the prior month and 110 listings (41%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Bremerton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 56 days 2,151 sqft
2018-02-01 37 days 2,135 sqft
2018-03-01 33 days 2,054 sqft
2018-04-01 30 days 2,086 sqft
2018-05-01 21 days 2,208 sqft
2018-06-01 30 days 2,159 sqft
2018-07-01 31 days 2,185 sqft
2018-08-01 33 days 2,162 sqft
2018-09-01 38 days 2,145 sqft
2018-10-01 47 days 2,120 sqft
2018-11-01 56 days 2,124 sqft
2018-12-01 65 days 2,111 sqft
2019-01-01 67 days 2,099 sqft
2019-02-01 64 days 2,143 sqft
2019-03-01 50 days 2,206 sqft
2019-04-01 30 days 2,262 sqft
2019-05-01 28 days 2,267 sqft
2019-06-01 36 days 2,276 sqft
2019-07-01 41 days 2,248 sqft
2019-08-01 43 days 2,196 sqft
2019-09-01 47 days 2,176 sqft
2019-10-01 47 days 2,145 sqft
2019-11-01 48 days 2,110 sqft
2019-12-01 59 days 2,043 sqft
2020-01-01 63 days 2,045 sqft
2020-02-01 37 days 2,078 sqft
2020-03-01 23 days 2,102 sqft
2020-04-01 34 days 2,058 sqft
2020-05-01 43 days 2,058 sqft
2020-06-01 35 days 2,058 sqft
2020-07-01 32 days 2,106 sqft
2020-08-01 31 days 2,058 sqft
2020-09-01 32 days 2,056 sqft
2020-10-01 30 days 1,975 sqft
2020-11-01 36 days 1,958 sqft
2020-12-01 45 days 1,915 sqft
2021-01-01 42 days 1,932 sqft
2021-02-01 32 days 2,124 sqft
2021-03-01 25 days 2,019 sqft
2021-04-01 23 days 2,059 sqft
2021-05-01 22 days 2,028 sqft
2021-06-01 22 days 2,007 sqft
2021-07-01 23 days 1,904 sqft
2021-08-01 30 days 1,990 sqft
2021-09-01 35 days 2,058 sqft
2021-10-01 36 days 2,069 sqft
2021-11-01 37 days 2,054 sqft
2021-12-01 44 days 2,057 sqft
2022-01-01 42 days 1,974 sqft
2022-02-01 23 days 1,979 sqft
2022-03-01 23 days 2,006 sqft
2022-04-01 22 days 2,005 sqft
2022-05-01 20 days 2,039 sqft
2022-06-01 23 days 2,100 sqft
2022-07-01 28 days 2,080 sqft
2022-08-01 34 days 2,098 sqft
2022-09-01 44 days 2,078 sqft
2022-10-01 49 days 2,078 sqft
2022-11-01 52 days 2,064 sqft
2022-12-01 64 days 2,018 sqft
2023-01-01 74 days 2,029 sqft
2023-02-01 68 days 2,074 sqft
2023-03-01 46 days 2,089 sqft
2023-04-01 38 days 2,158 sqft
2023-05-01 35 days 2,116 sqft
2023-06-01 32 days 2,120 sqft
2023-07-01 32 days 2,112 sqft
2023-08-01 38 days 2,149 sqft
2023-09-01 43 days 2,113 sqft
2023-10-01 44 days 2,142 sqft
2023-11-01 52 days 2,143 sqft
2023-12-01 57 days 2,168 sqft
2024-01-01 55 days 2,132 sqft
2024-02-01 43 days 2,070 sqft
2024-03-01 40 days 2,064 sqft
Bremerton's median listing age (time on market) for 2024-03-01 was 40 days. This is -12% shorter than the same period one year ago.

Bremerton's median square footage for active listings during the 2024-03-01 period was 2,064 sqft. One year prior, the average listing was 2,089 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.