Crescent City VA Loan Rates, Closing Costs & Stats
Crescent City, CA
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.
Crescent City's 14 lenders originated 25 VA loans during 2024. The total origination value was $10,285,000, with an average VA loan value of $411,400.
Crescent City VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Crescent City
averaged
6.96%
for the week of 2025-06-27, compared to the national average (all VA variants) of
6.336% for the same period.
Crescent City's average VA mortgage closing costs are $6,813.
The average rate for the prior week (2025-06-20) was
6.95% and
one month ago for the week of 2025-05-23, the
average rate was 7.23%.
The average rate one year ago was 6.75%.
For refis of the same type during the week of 2025-06-27, the average rate
was 6.54%.
Crescent City 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 Crescent City level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | 5 | 6.00% | $12,227 |
| Mortgage Research Center, LLC | 4 | 5.75% | $11,370 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 3 | 6.58% | $5,037 |
| QUICKEN LOANS, LLC | 2 | 6.12% | $34,161 |
| MASON MCDUFFIE MORTGAGE CORPORATION | 2 | 6.25% | $12,460 |
| NEW DAY FINANCIAL, LLC | 1 | 7.75% | $19,101 |
| PENNYMAC LOAN SERVICES, LLC | 1 | 6.25% | $12,150 |
| The Central Trust Bank | 1 | 5.13% | $4,701 |
| The Loan Store, Inc. | 1 | 5.99% | $5,504 |
| NAVY FEDERAL CREDIT UNION | 1 | 6.25% | $5,956 |
| FREEDOM MORTGAGE CORPORATION | 1 | 4.75% | $30,266 |
| GUILD MORTGAGE COMPANY | 1 | 6.50% | $8,135 |
| LAKEVIEW LOAN SERVICING, LLC | 1 | 5.75% | $4,835 |
| AMERISAVE MORTGAGE CORPORATION | 1 | 6.75% | $18,506 |
The top Crescent City VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
5 VA loans originated. Their average total fees are
$12,227, which is $857
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Crescent City VA lenders (with over 10 loans originated) are
.
The lowest rate Crescent City VA lenders (with over 10 loans originated) are
.