Bremerton VA Loans

BREMERTON-SILVERDALE-PORT ORCHARD, WA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.