Chico VA Loan Rates, Closing Costs & Stats

CHICO, CA

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    • 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.

    Chico's 49 lenders originated 205 VA loans during 2024. The total origination value was $80,765,000, with an average VA loan value of $393,976.

    Chico VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Chico averaged 6.67% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Chico's average VA mortgage closing costs are $6,635.

    The average rate for the prior week (2025-05-16) was 6.96% and one month ago for the week of 2025-04-18, the average rate was 6.83%.

    The average rate one year ago was 6.75%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.55%.

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

    Chico 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 Chico level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 49 5.89% $5,939
    Mortgage Research Center, LLC 37 6.25% $6,009
    QUICKEN LOANS, LLC 15 6.12% $9,395
    NEWREZ LLC 7 6.21% $13,143
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.63% $14,825
    FREEDOM MORTGAGE CORPORATION 6 5.85% $7,105
    Paramount Residential Mortgage Group, Inc. 4 6.59% $6,567
    Flagstar Bank, FSB 4 6.12% $11,826
    NAVY FEDERAL CREDIT UNION 3 6.21% $1,741
    DHI MORTGAGE COMPANY, LTD. 3 5.12% $11,700
    CLEARPATH LENDING 3 5.67% $6,929
    Plains Commerce Bank 3 6.42% $15,578
    Equity Prime Mortgage LLC 3 5.83% $9,056
    PREMIER MORTGAGE RESOURCES, L.L.C. 3 6.00% $11,990
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.25% $10,593
    Ameris Bank 3 5.88% $9,105
    Commerce Home Mortgage, Inc. 3 6.46% $9,094
    CMG MORTGAGE, INC. 2 6.31% $12,268
    Armed Forces Bank 2 6.44% $3,578
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.44% $27,514
    PENNYMAC LOAN SERVICES, LLC 2 6.31% $7,667
    PLAZA HOME MORTGAGE, INC. 2 5.94% $5,740
    GUARANTEED RATE, INC. 2 5.25% $3,322
    Century Mortgage Company DBA Century Lending Company 2 5.94% $3,270
    Lakeview Community Capital, LLC 2 5.69% $7,149
    Wells Fargo Bank 1 6.13% $5,969
    American Mortgage & Equity Consultants, Inc. 1 7.13% $12,004
    AmeriHome Mortgage Company, LLC 1 6.13% $5,601
    CARDINAL FINANCIAL 1 6.75% $14,712
    Carrington Mortgage Services, LLC 1 5.50% $20,325
    CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $15,402
    GUILD MORTGAGE COMPANY 1 6.50% $8,140
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.49% $15,014
    JPMorgan Chase Bank 1 6.00% $7,336
    LAKEVIEW LOAN SERVICING, LLC 1 5.50% $5,502
    LOANDEPOT.COM, LLC 1 5.75% $2,053
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.00% $17,087
    MORTGAGEONE, INC. 1 7.50% $7,718
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.25% $267
    ON Q FINANCIAL, INC. 1 7.13% $2,365
    PENTAGON FEDERAL CREDIT UNION 1 6.63% $7,296
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $579
    Sierra Pacific Mortgage Company, Inc. 1 5.75% $2,631
    SUN WEST MORTGAGE COMPANY, INC. 1 6.25% $12,951
    The Federal Savings Bank 1 6.50% $17,875
    The Loan Store, Inc. 1 6.75% $10,221
    USAA Federal Savings Bank 1 6.00% $3,742
    VILLAGE CAPITAL MORTGAGE 1 5.75% $6,769
    AMERICAN FINANCIAL NETWORK, INC. 1 6.88% $12,434

    The top Chico VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 49 VA loans originated. Their average total fees are $5,939, which is $70 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Chico VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($5,939), Mortgage Research Center, LLC ($6,009), QUICKEN LOANS, LLC ($9,395), .

    The lowest rate Chico VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.89%), QUICKEN LOANS, LLC (6.12%), Mortgage Research Center, LLC (6.25%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Chico (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 $287,450 (-0.1%) $381,482 (10.3%) 1.07 415
    2018-02-01 $293,750 (2.1%) $380,820 (7.5%) 1.07 421
    2018-03-01 $329,000 (14.3%) $409,785 (16.6%) 1.15 471
    2018-04-01 $324,950 (12.4%) $390,758 (5.7%) 1.10 521
    2018-05-01 $329,750 (12.2%) $394,626 (4.6%) 1.10 589
    2018-06-01 $319,000 (9.6%) $383,183 (4.3%) 1.06 629
    2018-07-01 $323,475 (12.4%) $387,403 (7.5%) 1.08 679
    2018-08-01 $316,375 (9.9%) $376,846 (3.3%) 1.06 711
    2018-09-01 $315,500 (9.6%) $366,600 (-1.6%) 1.06 731
    2018-10-01 $312,500 (8.3%) $367,177 (-1.3%) 1.06 726
    2018-11-01 $302,438 (5.1%) $370,054 (0.0%) 1.03 574
    2018-12-01 $329,000 (14.3%) $392,817 (4.0%) 1.13 342
    2019-01-01 $334,500 (16.4%) $391,621 (2.7%) 1.16 395
    2019-02-01 $333,125 (13.4%) $384,086 (0.9%) 1.13 412
    2019-03-01 $346,714 (5.4%) $397,138 (-3.1%) 1.13 388
    2019-04-01 $366,214 (12.7%) $416,363 (6.6%) 1.16 400
    2019-05-01 $370,000 (12.2%) $427,475 (8.3%) 1.16 498
    2019-06-01 $369,000 (15.7%) $424,173 (10.7%) 1.15 554
    2019-07-01 $358,255 (10.8%) $421,912 (8.9%) 1.12 613
    2019-08-01 $355,462 (12.4%) $421,463 (11.8%) 1.13 629
    2019-09-01 $352,390 (11.7%) $421,589 (15.0%) 1.13 613
    2019-10-01 $350,000 (12.0%) $421,673 (14.8%) 1.13 585
    2019-11-01 $349,500 (15.6%) $423,281 (14.4%) 1.15 528
    2019-12-01 $351,715 (6.9%) $431,692 (9.9%) 1.17 464
    2020-01-01 $362,500 (8.4%) $445,568 (13.8%) 1.21 389
    2020-02-01 $379,500 (13.9%) $440,942 (14.8%) 1.24 351
    2020-03-01 $389,000 (12.2%) $454,168 (14.4%) 1.22 346
    2020-04-01 $399,000 (9.0%) $466,651 (12.1%) 1.25 347
    2020-05-01 $418,000 (13.0%) $474,953 (11.1%) 1.27 364
    2020-06-01 $424,000 (14.9%) $475,467 (12.1%) 1.25 345
    2020-07-01 $402,500 (12.4%) $479,779 (13.7%) 1.17 305
    2020-08-01 $417,000 (17.3%) $480,119 (13.9%) 1.19 307
    2020-09-01 $399,750 (13.4%) $473,628 (12.3%) 1.15 288
    2020-10-01 $398,000 (13.7%) $460,962 (9.3%) 1.14 308
    2020-11-01 $389,225 (11.4%) $456,687 (7.9%) 1.14 321
    2020-12-01 $399,000 (13.4%) $459,965 (6.6%) 1.19 265
    2021-01-01 $399,550 (10.2%) $465,300 (4.4%) 1.19 243
    2021-02-01 $421,875 (11.2%) $511,847 (16.1%) 1.23 234
    2021-03-01 $417,500 (7.3%) $514,341 (13.3%) 1.18 233
    2021-04-01 $430,250 (7.8%) $547,253 (17.3%) 1.16 224
    2021-05-01 $450,000 (7.7%) $562,905 (18.5%) 1.20 236
    2021-06-01 $452,250 (6.7%) $564,564 (18.7%) 1.19 252
    2021-07-01 $447,000 (11.1%) $550,888 (14.8%) 1.18 282
    2021-08-01 $433,750 (4.0%) $510,201 (6.3%) 1.16 312
    2021-09-01 $437,450 (9.4%) $502,209 (6.0%) 1.17 317
    2021-10-01 $449,000 (12.8%) $541,429 (17.5%) 1.20 324
    2021-11-01 $450,000 (15.6%) $555,696 (21.7%) 1.20 287
    2021-12-01 $449,000 (12.5%) $543,326 (18.1%) 1.22 245
    2022-01-01 $442,500 (10.8%) $541,457 (16.4%) 1.20 198
    2022-02-01 $449,950 (6.7%) $535,830 (4.7%) 1.17 211
    2022-03-01 $449,225 (7.6%) $523,628 (1.8%) 1.12 226
    2022-04-01 $480,000 (11.6%) $553,498 (1.1%) 1.14 264
    2022-05-01 $472,000 (4.9%) $888,874 (57.9%) 1.08 341
    2022-06-01 $468,750 (3.7%) $547,222 (-3.1%) 1.04 391
    2022-07-01 $455,000 (1.8%) $532,510 (-3.3%) 1.03 482
    2022-08-01 $457,450 (5.5%) $529,080 (3.7%) 1.06 523
    2022-09-01 $450,000 (2.9%) $517,905 (3.1%) 1.05 509
    2022-10-01 $444,900 (-0.9%) $515,680 (-4.8%) 1.05 509
    2022-11-01 $434,950 (-3.3%) $510,628 (-8.1%) 1.05 480
    2022-12-01 $435,000 (-3.1%) $513,784 (-5.4%) 1.07 446
    2023-01-01 $423,000 (-4.4%) $506,806 (-6.4%) 1.05 382
    2023-02-01 $427,113 (-5.1%) $519,039 (-3.1%) 1.03 342
    2023-03-01 $431,175 (-4.0%) $518,304 (-1.0%) 1.02 318
    2023-04-01 $438,500 (-8.7%) $521,388 (-5.8%) 1.02 302
    2023-05-01 $429,975 (-8.9%) $519,607 (-41.5%) 0.98 339
    2023-06-01 $429,113 (-8.5%) $516,580 (-5.6%) 0.96 359
    2023-07-01 $429,925 (-5.5%) $514,767 (-3.3%) 0.98 366
    2023-08-01 $433,625 (-5.2%) $521,724 (-1.4%) 1.00 374
    2023-09-01 $425,000 (-5.6%) $510,437 (-1.4%) 0.99 406
    2023-10-01 $426,975 (-4.0%) $506,339 (-1.8%) 1.00 426
    2023-11-01 $439,500 (1.1%) $557,197 (9.1%) 1.05 420
    2023-12-01 $431,750 (-0.8%) $541,538 (5.4%) 1.05 360
    2024-01-01 $424,950 (0.5%) $525,493 (3.7%) 1.04 328
    2024-02-01 $420,925 (-1.5%) $522,244 (0.6%) 1.01 316
    2024-03-01 $430,000 (-0.3%) $528,711 (2.0%) 1.01 349
    2024-04-01 $434,000 (-1.0%) $542,244 (4.0%) 1.01 391
    2024-05-01 $449,125 (4.5%) $549,908 (5.8%) 1.02 454
    2024-06-01 $449,000 (4.6%) $546,864 (5.9%) 1.02 488
    2024-07-01 $434,500 (1.1%) $543,103 (5.5%) 0.99 515
    2024-08-01 $424,900 (-2.0%) $537,131 (3.0%) 0.99 520
    2024-09-01 $425,000 (0.0%) $532,535 (4.3%) 1.00 515
    2024-10-01 $425,500 (-0.4%) $529,317 (4.5%) 1.00 540
    2024-11-01 $429,900 (-2.2%) $526,152 (-5.6%) 1.03 537
    2024-12-01 $423,650 (-1.9%) $508,971 (-6.0%) 1.05 451
    2025-01-01 $424,875 (0.0%) $506,155 (-3.7%) 1.06 420
    2025-02-01 $414,100 (-1.6%) $490,455 (-6.1%) 1.01 440
    2025-03-01 $426,000 (-0.9%) $498,503 (-5.7%) 1.00 475
    2025-04-01 $427,500 (-1.5%) $509,064 (-6.1%) 0.99 525
    Chico's median listing price for 2025-04-01 was $427,500, a difference of $-6,500 (-1.5%) versus the prior year and $1,500 versus the prior month.

    Chico's median listing price comes in at 99% of the national average.

    Chico's average listing price for 2025-04-01 was $509,064, a difference of $-33,180 (-6.1%) versus the prior year and $10,561 versus the prior month.

    For the 2025-04-01 period, Chico had 525 MLS listings, a difference of 50 listings (11%) versus the prior month and 134 listings (34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Chico (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 55 days 1,621 sqft
    2018-02-01 38 days 1,610 sqft
    2018-03-01 31 days 1,696 sqft
    2018-04-01 39 days 1,668 sqft
    2018-05-01 35 days 1,709 sqft
    2018-06-01 36 days 1,684 sqft
    2018-07-01 39 days 1,673 sqft
    2018-08-01 44 days 1,639 sqft
    2018-09-01 48 days 1,615 sqft
    2018-10-01 53 days 1,615 sqft
    2018-11-01 55 days 1,629 sqft
    2018-12-01 25 days 1,615 sqft
    2019-01-01 30 days 1,594 sqft
    2019-02-01 32 days 1,557 sqft
    2019-03-01 40 days 1,588 sqft
    2019-04-01 43 days 1,632 sqft
    2019-05-01 36 days 1,640 sqft
    2019-06-01 38 days 1,684 sqft
    2019-07-01 45 days 1,699 sqft
    2019-08-01 49 days 1,684 sqft
    2019-09-01 54 days 1,684 sqft
    2019-10-01 59 days 1,688 sqft
    2019-11-01 65 days 1,714 sqft
    2019-12-01 75 days 1,715 sqft
    2020-01-01 77 days 1,710 sqft
    2020-02-01 80 days 1,712 sqft
    2020-03-01 60 days 1,755 sqft
    2020-04-01 63 days 1,833 sqft
    2020-05-01 64 days 1,855 sqft
    2020-06-01 54 days 1,865 sqft
    2020-07-01 62 days 1,856 sqft
    2020-08-01 51 days 1,830 sqft
    2020-09-01 55 days 1,756 sqft
    2020-10-01 52 days 1,748 sqft
    2020-11-01 49 days 1,750 sqft
    2020-12-01 72 days 1,754 sqft
    2021-01-01 83 days 1,743 sqft
    2021-02-01 63 days 1,728 sqft
    2021-03-01 53 days 1,709 sqft
    2021-04-01 47 days 1,729 sqft
    2021-05-01 36 days 1,791 sqft
    2021-06-01 40 days 1,755 sqft
    2021-07-01 40 days 1,729 sqft
    2021-08-01 45 days 1,702 sqft
    2021-09-01 51 days 1,713 sqft
    2021-10-01 44 days 1,731 sqft
    2021-11-01 51 days 1,729 sqft
    2021-12-01 53 days 1,702 sqft
    2022-01-01 57 days 1,626 sqft
    2022-02-01 36 days 1,655 sqft
    2022-03-01 35 days 1,646 sqft
    2022-04-01 33 days 1,722 sqft
    2022-05-01 36 days 1,732 sqft
    2022-06-01 37 days 1,714 sqft
    2022-07-01 39 days 1,693 sqft
    2022-08-01 46 days 1,711 sqft
    2022-09-01 58 days 1,690 sqft
    2022-10-01 65 days 1,680 sqft
    2022-11-01 64 days 1,709 sqft
    2022-12-01 73 days 1,712 sqft
    2023-01-01 82 days 1,707 sqft
    2023-02-01 81 days 1,709 sqft
    2023-03-01 72 days 1,676 sqft
    2023-04-01 59 days 1,674 sqft
    2023-05-01 43 days 1,670 sqft
    2023-06-01 46 days 1,668 sqft
    2023-07-01 51 days 1,653 sqft
    2023-08-01 50 days 1,669 sqft
    2023-09-01 51 days 1,658 sqft
    2023-10-01 55 days 1,638 sqft
    2023-11-01 58 days 1,674 sqft
    2023-12-01 68 days 1,671 sqft
    2024-01-01 78 days 1,654 sqft
    2024-02-01 78 days 1,631 sqft
    2024-03-01 61 days 1,654 sqft
    2024-04-01 48 days 1,673 sqft
    2024-05-01 44 days 1,719 sqft
    2024-06-01 53 days 1,700 sqft
    2024-07-01 61 days 1,694 sqft
    2024-08-01 65 days 1,643 sqft
    2024-09-01 68 days 1,636 sqft
    2024-10-01 67 days 1,619 sqft
    2024-11-01 67 days 1,631 sqft
    2024-12-01 79 days 1,633 sqft
    2025-01-01 88 days 1,640 sqft
    2025-02-01 78 days 1,622 sqft
    2025-03-01 58 days 1,632 sqft
    2025-04-01 56 days 1,668 sqft
    Chico's median listing age (time on market) for 2025-04-01 was 56 days. This is 18% longer than the same period one year ago.

    Chico's median square footage for active listings during the 2025-04-01 period was 1,668 sqft. One year prior, the average listing was 1,673 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.