Bremerton VA Loans

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 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 169 lenders originated 4,336 VA loans during 2021. The total origination value was $1,684,200,000, with an average VA loan value of $388,423.

Bremerton VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Bremerton averaged 5.55% for the week of 2022-05-20, compared to the national average (all VA variants) of 5.143% for the same period.

The average rate for the prior week (2022-05-13) was 5.66% and one month ago for the week of 2022-04-15, the average rate was 4.92%.

The average rate one year ago was 3.32%.

For refis of the same type during the week of 2022-05-20, the average rate was 5.16%.

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 and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Bremerton level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
NAVY FEDERAL CREDIT UNION 280 2.46% $5,909
QUICKEN LOANS, LLC 267 2.42% $5,853
Mortgage Research Center, LLC 238 2.77% $9,728
FREEDOM MORTGAGE CORPORATION 224 2.39% $3,527
CALIBER HOME LOANS, INC. 204 2.56% $9,321
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 170 3.12% $11,850
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 169 2.96% $9,830
PENNYMAC LOAN SERVICES, LLC 168 2.37% $7,763
CROSSCOUNTRY MORTGAGE, LLC 141 2.88% $10,197
LAKEVIEW LOAN SERVICING, LLC 139 2.43% $2,431
NBKC BANK 112 2.48% $10,467
LOANDEPOT.COM, LLC 110 2.55% $9,154
MOVEMENT MORTGAGE, LLC 91 2.90% $8,922
BROKER SOLUTIONS, INC. 85 2.70% $9,352
UNITED WHOLESALE MORTGAGE, LLC 82 2.49% $7,711
The Federal Savings Bank 76 2.62% $8,839
CORNERSTONE HOME LENDING, INC. 63 2.96% $11,788
NEW DAY FINANCIAL, LLC 61 2.84% $8,598
HOME POINT FINANCIAL CORPORATION 59 2.37% $5,969
Mr. Cooper ( Nationstar Mortgage ) 56 2.64% $4,773
GUILD MORTGAGE COMPANY 49 2.61% $6,863
USAA Federal Savings Bank 47 2.88% $5,930
Wells Fargo Bank 46 2.54% $4,700
AXIA FINANCIAL, LLC 46 2.86% $10,994
EAGLE HOME MORTGAGE, LLC 29 2.70% $13,193
VILLAGE CAPITAL & INVESTMENT LLC 29 2.36% $4,231
HomeStreet Bank 28 2.58% $8,184
NEWREZ LLC 25 2.58% $4,456
AMERICAN FINANCIAL NETWORK, INC. 23 2.59% $9,507
Lakeview Community Capital, LLC 21 2.37% $1,755
BAY EQUITY LLC 21 2.71% $10,318
Umpqua Bank 20 2.78% $6,572
HOMEBRIDGE FINANCIAL SERVICES, INC. 20 2.48% $8,601
PRIMELENDING, A PLAINSCAPITAL COMPANY 20 3.00% $14,602
AMERISAVE MORTGAGE CORPORATION 19 2.57% $6,710
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 18 3.06% $12,197
1st Security Bank of Washington 18 2.56% $6,932
PREMIER MORTGAGE RESOURCES, L.L.C. 17 2.84% $16,637
PLANET HOME LENDING, LLC 16 2.43% $4,295
Carrington Mortgage Services, LLC 15 2.67% $8,138
LENDUS, LLC 15 2.57% $7,903
DHI MORTGAGE COMPANY, LTD. 15 2.38% $12,578
SUN WEST MORTGAGE COMPANY, INC. 14 2.35% $4,386
Hometown Lenders, Inc. 13 2.83% $8,312
ACADEMY MORTGAGE CORPORATION 12 2.91% $12,868
NFM, INC. 11 2.97% $12,076
NP, Inc. 11 2.25% $5,232
PENRITH HOME LOANS LLC 11 2.73% $7,965
MORTGAGE SOLUTIONS OF COLORADO, LLC 11 2.70% $7,909
KS StateBank 11 2.43% $6,501
AMERICAN PACIFIC MORTGAGE CORPORATION 11 2.81% $11,628
PRIMARY RESIDENTIAL MORTGAGE, INC. 10 2.94% $11,299
PRIORITY HOME LENDING, LLC 10 3.05% $7,367
MUTUAL OF OMAHA MORTGAGE, INC. 10 2.75% $8,853
FINANCE OF AMERICA MORTGAGE LLC 9 2.68% $11,496
HOMEAMERICAN MORTGAGE CORPORATION 9 2.60% $1,492
North American Savings Bank, F.S.B. 9 2.49% $2,551
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 9 2.75% $4,627
Flagstar Bank, FSB 9 2.53% $3,646
PENTAGON FEDERAL CREDIT UNION 9 2.36% $5,516
TJC Mortgage, Inc. 8 2.25% $6,333
GUARANTEED RATE, INC. 7 2.45% $9,032
BNC National Bank 7 2.34% $7,481
First Federal Bank 7 2.79% $9,463
NETWORK CAPITAL FUNDING CORPORATION 7 2.39% $3,285
Strong Home Mortgage, LLC 7 2.38% $4,318
Wyndham Capital Mortgage, Inc. 7 2.39% $8,459
Nations Lending Corporation 6 2.58% $9,592
First Home Bank 6 2.58% $9,478
CMG MORTGAGE, INC. 6 2.33% $8,960
CELEBRITY HOME LOANS, LLC 6 3.02% $12,151
SOVEREIGN LENDING GROUP INCORPORATED 6 2.54% $7,090
INSPIRE HOME LOANS INC. 6 2.63% $17,093
Low VA Rates, LLC 5 2.25% $11,280
AMERICAN FINANCIAL RESOURCES, INC. 5 2.60% $8,074
Barrington Bank & Trust Company, N.A. 5 2.66% $6,365
LADERA LENDING, INC. 5 2.70% $7,270
First Federal Savings and Loan Association of Port Angeles 5 3.08% $6,952
FIRST CONTINENTAL MORTGAGE, LTD. 5 2.90% $7,973
CHURCHILL MORTGAGE CORPORATION 5 2.48% $5,746
Alaska USA Federal Credit Union 4 2.88% $2,254
KITSAP Credit Union 4 3.16% $4,190
First Guaranty Mortgage Corporation 4 2.69% $6,303
Mid-Continent Funding, Inc. 4 2.56% $11,245
Wallick & Volk, Inc. 4 3.00% $19,391
Paramount Residential Mortgage Group, Inc. 4 2.78% $5,155
AMERICAN FINANCING CORPORATION 4 2.25% $5,022
Alaska USA Mortgage Company LLC 4 2.88% $2,254
Victorian Finance, LLC 4 2.84% $9,685
InterContinental Capital Group, Inc 4 2.72% $4,780
ACCELERATE MORTGAGE, LLC 4 2.31% $11,613
GENEVA FINANCIAL, LLC 3 2.75% $4,046
MANN FINANCIAL INC. 3 2.67% $18,036
Manufacturers and Traders Trust Company 3 2.63% $4,737
DIRECTORS MORTGAGE, INC. 3 2.83% $5,535
NATIONS DIRECT MORTGAGE, LLC 3 2.63% $17,007
Commerce Home Mortgage, Inc. 3 2.79% $2,895
OCMBC, INC. 3 2.25% $5,106
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 2.33% $2,545
Truist Bank 3 2.67% $3,728
U S WIDE FINANCIAL LLC 3 2.54% $1,916
MORTGAGE MASTER SERVICE CORPORATION 2 2.69% $5,588
West Gate Bank 2 2.25% $3,513
CU HOME MORTGAGE SOLUTIONS, LLC 2 2.31% $17,763
CONTOUR MORTGAGE CORPORATION 2 2.75% $7,262
WESTWOOD MORTGAGE, INC. 2 2.63% $15,389
CITYWIDE HOME LOANS, LLC 2 3.19% $4,087
PLAZA HOME MORTGAGE, INC. 2 2.31% $4,258
GUARANTY HOME MORTGAGE CORPORATION 2 2.81% $4,681
SAMMAMISH MORTGAGE COMPANY 2 2.50% $2,658
SOUND 2 2.38% $1,824
ZILLOW HOME LOANS, LLC 2 2.25% $6,722
T2 FINANCIAL LLC 2 3.31% $5,516
Texana Bank 2 2.44% $26,006
Amerifirst Financial, Inc. 2 2.63% $20,681
HOMESIDE FINANCIAL, LLC 2 2.69% $15,219
U.S. Bank 2 2.38% $12,878
First Savings Bank 2 3.13% $5,716
Magnolia Bank 2 2.56% $9,689
MASON MCDUFFIE MORTGAGE CORPORATION 2 3.00% $13,044
First Federal Bank of Kansas City 1 3.13% $25,901
JMJ FINANCIAL GROUP 1 3.00% $4,203
Capital Bank 1 2.25% $4,448
Boeing Employees Credit Union 1 2.63% $6,034
PHH Mortgage Corporation 1 2.50% $6,186
Plains Commerce Bank 1 2.50% $8,954
BEST CAPITAL FUNDING 1 2.50% $3,315
Florida Capital Bank 1 2.75% $4,557
PNC Bank 1 2.75% $5,816
BELEM SERVICING LLC 1 1.75% $8,338
Ixonia Bank 1 2.38% $3,794
Bank of the Pacific 1 2.25% $1,381
Armed Forces Bank 1 2.38% $9,778
VAN DYK MORTGAGE CORPORATION 1 2.88% $13,877
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 2.25% $4,418
MID AMERICA MORTGAGE, INC. 1 3.25% $1,417
Sierra Pacific Mortgage Company, Inc. 1 3.00% $26,737
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 2.88% $3,699
INTERCAP LENDING INC. 1 2.25% $3,503
LPMC, LLC 1 2.38% $4,575
SUMMIT MORTGAGE CORPORATION 1 2.25% $1,045
Sunflower Bank 1 2.49% $0
Ameris Bank 1 2.50% $14,860
HOME FUNDING CORPORATION 1 2.50% $10,575
Watermark Capital, Inc. 1 2.63% $3,120
The Central Trust Bank 1 3.00% $18,881
FirstBank 1 2.38% $611
IMPAC MORTGAGE CORP. 1 2.38% $0
TOP FLITE FINANCIAL, INC. 1 3.00% $17,458
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 2.63% $15,028
First Mortgage Solutions, LLC 1 2.25% $3,631
FBC MORTGAGE, LLC 1 2.25% $58,203
ENVOY MORTGAGE, LTD 1 3.13% $22,116
EMBRACE HOME LOANS, INC. 1 2.63% $1,749
MUFG Union Bank 1 2.25% $2,928
First Western Trust Bank 1 3.13% $20,286
UNION HOME MORTGAGE CORP. 1 2.75% $2,263
FIRST CENTENNIAL MORTGAGE CORPORATION 1 2.75% $10,005
UNITED MORTGAGE CORP. 1 4.00% $8,718
AMCAP MORTGAGE, LTD. 1 2.88% $1,777
Willamette Valley Bank 1 3.13% $15,943
MEMBER FIRST MORTGAGE, LLC 1 2.88% $3,019
Columbia State Bank 1 2.63% $3,412
LIBERTY HOME MORTGAGE CORPORATION 1 2.38% $10,825
Meridian Bank Corporation 1 2.25% $15,979
LENOX FINANCIAL MORTGAGE CORPORATION 1 2.75% $2,379
Wheatland Bank 1 2.88% $11,126
ONY GLO, INC. 1 2.00% $2,491
Paramount Bank 1 2.25% $2,624

The top Bremerton VA lender as defined by loan originations is NAVY FEDERAL CREDIT UNION, with 280 VA loans originated. Their average total fees are $5,909, which is $56 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Bremerton VA lenders (with over 10 loans originated) are Lakeview Community Capital, LLC ($1,755), LAKEVIEW LOAN SERVICING, LLC ($2,431), FREEDOM MORTGAGE CORPORATION ($3,527), VILLAGE CAPITAL & INVESTMENT LLC ($4,231) and PLANET HOME LENDING, LLC ($4,295).

The lowest rate Bremerton VA lenders (with over 10 loans originated) are NP, Inc. (2.25%), SUN WEST MORTGAGE COMPANY, INC. (2.35%), VILLAGE CAPITAL & INVESTMENT LLC (2.36%), Lakeview Community Capital, LLC (2.37%) and PENNYMAC LOAN SERVICES, LLC (2.37%).


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 $397,450 (13.6%) $525,892 (12.3%) 1.46 350
2018-02-01 $398,475 (11.1%) $524,432 (7.7%) 1.44 337
2018-03-01 $399,000 (6.4%) $520,245 (1.6%) 1.38 332
2018-04-01 $417,500 (4.6%) $580,438 (5.3%) 1.40 340
2018-05-01 $450,000 (12.5%) $612,464 (6.2%) 1.50 435
2018-06-01 $435,000 (4.8%) $587,481 (2.4%) 1.45 487
2018-07-01 $437,500 (9.7%) $585,279 (5.8%) 1.46 571
2018-08-01 $425,000 (4.0%) $572,318 (3.1%) 1.42 647
2018-09-01 $409,888 (5.1%) $542,391 (0.9%) 1.37 699
2018-10-01 $414,888 (10.6%) $545,407 (3.5%) 1.39 679
2018-11-01 $410,445 (13.6%) $540,701 (5.9%) 1.38 601
2018-12-01 $409,000 (9.1%) $526,896 (-1.1%) 1.40 492
2019-01-01 $412,388 (3.8%) $521,116 (-0.9%) 1.42 415
2019-02-01 $444,750 (11.6%) $552,533 (5.4%) 1.49 380
2019-03-01 $469,280 (17.6%) $590,048 (13.4%) 1.53 381
2019-04-01 $482,450 (15.6%) $637,826 (9.9%) 1.52 427
2019-05-01 $489,944 (8.9%) $663,853 (8.4%) 1.51 494
2019-06-01 $492,388 (13.2%) $698,374 (18.9%) 1.52 538
2019-07-01 $497,000 (13.6%) $697,086 (19.1%) 1.54 554
2019-08-01 $486,550 (14.5%) $681,565 (19.1%) 1.53 545
2019-09-01 $473,300 (15.5%) $658,973 (21.5%) 1.50 511
2019-10-01 $475,000 (14.5%) $646,742 (18.6%) 1.52 572
2019-11-01 $470,000 (14.5%) $636,428 (17.7%) 1.52 526
2019-12-01 $449,000 (9.8%) $607,865 (15.4%) 1.50 406
2020-01-01 $458,944 (11.3%) $608,436 (16.8%) 1.53 353
2020-02-01 $459,950 (3.4%) $626,940 (13.5%) 1.48 318
2020-03-01 $480,444 (2.4%) $620,036 (5.1%) 1.50 392
2020-04-01 $489,500 (1.5%) $616,157 (-3.4%) 1.52 454
2020-05-01 $499,999 (2.1%) $628,815 (-5.3%) 1.52 439
2020-06-01 $495,000 (0.5%) $666,374 (-4.6%) 1.45 425
2020-07-01 $499,950 (0.6%) $692,549 (-0.7%) 1.43 421
2020-08-01 $495,000 (1.7%) $706,681 (3.7%) 1.41 410
2020-09-01 $477,194 (0.8%) $685,672 (4.1%) 1.36 395
2020-10-01 $479,000 (0.8%) $697,134 (7.8%) 1.37 374
2020-11-01 $517,000 (10.0%) $714,902 (12.3%) 1.48 246
2020-12-01 $471,138 (4.9%) $697,578 (14.8%) 1.38 202
2021-01-01 $469,888 (2.4%) $783,845 (28.8%) 1.38 162
2021-02-01 $564,950 (22.8%) $850,515 (35.7%) 1.62 135
2021-03-01 $545,000 (13.4%) $774,990 (25.0%) 1.53 142
2021-04-01 $582,475 (19.0%) $754,582 (22.5%) 1.57 180
2021-05-01 $570,000 (14.0%) $756,405 (20.3%) 1.50 208
2021-06-01 $555,000 (12.1%) $744,842 (11.8%) 1.44 241
2021-07-01 $562,500 (12.5%) $738,208 (6.6%) 1.46 290
2021-08-01 $587,000 (18.6%) $727,577 (3.0%) 1.54 313
2021-09-01 $587,000 (23.0%) $725,553 (5.8%) 1.54 308
2021-10-01 $599,000 (25.1%) $734,549 (5.4%) 1.58 306
2021-11-01 $599,970 (16.1%) $741,072 (3.7%) 1.58 262
2021-12-01 $599,995 (27.4%) $789,808 (13.2%) 1.60 182
2022-01-01 $599,950 (27.7%) $795,665 (1.5%) 1.60 141
2022-02-01 $599,970 (6.2%) $786,834 (-7.5%) 1.53 166
2022-03-01 $616,495 (13.1%) $808,979 (4.4%) 1.52 161
2022-04-01 $614,995 (5.6%) $803,156 (6.4%) 1.45 183
Bremerton's median listing price for 2022-04-01 was $614,995, a difference of $32,520 (5.6%) versus the prior year and $-1,500 versus the prior month.

Bremerton's median listing price comes in at 145% of the national average.

Bremerton's average listing price for 2022-04-01 was $803,156, a difference of $48,574 (6.4%) versus the prior year and $-5,823 versus the prior month.

For the 2022-04-01 period, Bremerton had 183 MLS listings, a difference of 22 listings (14%) versus the prior month and 3 listings (2%) 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 59 days 2,135 sqft
2018-02-01 39 days 2,117 sqft
2018-03-01 36 days 2,049 sqft
2018-04-01 34 days 2,091 sqft
2018-05-01 23 days 2,199 sqft
2018-06-01 31 days 2,164 sqft
2018-07-01 32 days 2,191 sqft
2018-08-01 35 days 2,170 sqft
2018-09-01 40 days 2,145 sqft
2018-10-01 49 days 2,119 sqft
2018-11-01 58 days 2,129 sqft
2018-12-01 63 days 2,110 sqft
2019-01-01 66 days 2,093 sqft
2019-02-01 61 days 2,124 sqft
2019-03-01 43 days 2,198 sqft
2019-04-01 28 days 2,282 sqft
2019-05-01 30 days 2,294 sqft
2019-06-01 34 days 2,300 sqft
2019-07-01 44 days 2,267 sqft
2019-08-01 44 days 2,209 sqft
2019-09-01 49 days 2,154 sqft
2019-10-01 48 days 2,145 sqft
2019-11-01 48 days 2,111 sqft
2019-12-01 59 days 2,053 sqft
2020-01-01 66 days 2,069 sqft
2020-02-01 42 days 2,104 sqft
2020-03-01 29 days 2,129 sqft
2020-04-01 34 days 2,058 sqft
2020-05-01 45 days 2,058 sqft
2020-06-01 41 days 2,072 sqft
2020-07-01 37 days 2,101 sqft
2020-08-01 35 days 2,058 sqft
2020-09-01 33 days 2,056 sqft
2020-10-01 32 days 1,986 sqft
2020-11-01 39 days 1,970 sqft
2020-12-01 47 days 1,922 sqft
2021-01-01 51 days 1,932 sqft
2021-02-01 42 days 2,131 sqft
2021-03-01 33 days 1,929 sqft
2021-04-01 25 days 2,076 sqft
2021-05-01 30 days 2,028 sqft
2021-06-01 29 days 2,031 sqft
2021-07-01 30 days 1,959 sqft
2021-08-01 33 days 2,004 sqft
2021-09-01 36 days 2,068 sqft
2021-10-01 37 days 2,080 sqft
2021-11-01 39 days 2,079 sqft
2021-12-01 45 days 2,069 sqft
2022-01-01 48 days 1,999 sqft
2022-02-01 29 days 1,976 sqft
2022-03-01 29 days 2,023 sqft
2022-04-01 25 days 2,016 sqft
Bremerton's median listing age (time on market) for 2022-04-01 was 25 days. This is 0% longer than the same period one year ago.

Bremerton's median square footage for active listings during the 2022-04-01 period was 2,016 sqft. One year prior, the average listing was 2,076 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.