Deltona VA Loan Rates, Closing Costs & Stats
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL
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.
Deltona's 186 lenders originated 2,404 VA loans during 2022. The total origination value was $784,330,000, with an average VA loan value of $326,260.
Deltona VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Deltona
averaged
-0.31%
for the week of 2023-06-02, compared to the national average (all VA variants) of
0% for the same period.
Deltona's average VA mortgage closing costs are $6,055.
The average rate for the prior week (2023-05-26) was
6.42% and
one month ago for the week of 2023-04-28, the
average rate was 6.08%.
The average rate one year ago was 4.53%.
For refis of the same type during the week of 2023-06-02, the average rate
was -1.47%.
Deltona 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 Deltona level.
The top Deltona VA lender as defined by loan originations is Mortgage Research Center, LLC, with
289 VA loans originated. Their average total fees are
$8,468, which is $1,160
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Deltona VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC ($4,759), PENTAGON FEDERAL CREDIT UNION ($5,744), NAVY FEDERAL CREDIT UNION ($7,082), PLANET HOME LENDING, LLC ($7,150) and DHI MORTGAGE COMPANY, LTD. ($7,249).
The lowest rate Deltona VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC (3.28%), PENNYMAC LOAN SERVICES, LLC (3.34%), CLEARPATH LENDING (3.40%), PENTAGON FEDERAL CREDIT UNION (3.54%) and Wells Fargo Bank (3.71%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Deltona (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 | $259,900 (0.0%) | $356,674 (-1.8%) | 0.96 | 4,545 |
| 2018-02-01 | $259,900 (-1.5%) | $355,907 (-3.7%) | 0.94 | 4,613 |
| 2018-03-01 | $264,475 (-0.7%) | $362,125 (-2.2%) | 0.93 | 4,674 |
| 2018-04-01 | $269,450 (0.6%) | $371,611 (0.2%) | 0.91 | 4,722 |
| 2018-05-01 | $274,850 (2.2%) | $372,907 (0.3%) | 0.92 | 4,790 |
| 2018-06-01 | $275,000 (2.1%) | $374,152 (-0.1%) | 0.92 | 4,807 |
| 2018-07-01 | $275,000 (3.8%) | $375,433 (1.8%) | 0.92 | 4,812 |
| 2018-08-01 | $275,000 (3.8%) | $375,025 (1.0%) | 0.92 | 4,774 |
| 2018-09-01 | $271,068 (2.3%) | $368,854 (0.0%) | 0.91 | 4,888 |
| 2018-10-01 | $269,950 (3.9%) | $366,539 (2.3%) | 0.91 | 5,041 |
| 2018-11-01 | $269,900 (3.1%) | $369,681 (3.7%) | 0.91 | 5,195 |
| 2018-12-01 | $269,900 (3.8%) | $372,361 (4.6%) | 0.93 | 5,203 |
| 2019-01-01 | $269,450 (3.7%) | $371,634 (4.2%) | 0.93 | 5,261 |
| 2019-02-01 | $270,430 (4.1%) | $375,012 (5.4%) | 0.91 | 5,382 |
| 2019-03-01 | $274,671 (3.9%) | $376,837 (4.1%) | 0.90 | 5,292 |
| 2019-04-01 | $277,200 (2.9%) | $378,689 (1.9%) | 0.88 | 5,111 |
| 2019-05-01 | $279,900 (1.8%) | $379,656 (1.8%) | 0.87 | 5,013 |
| 2019-06-01 | $279,750 (1.7%) | $377,511 (0.9%) | 0.87 | 5,055 |
| 2019-07-01 | $275,000 (0.0%) | $373,483 (-0.5%) | 0.86 | 4,984 |
| 2019-08-01 | $274,714 (-0.1%) | $369,711 (-1.4%) | 0.87 | 4,992 |
| 2019-09-01 | $274,284 (1.2%) | $368,462 (-0.1%) | 0.88 | 4,938 |
| 2019-10-01 | $273,975 (1.5%) | $367,629 (0.3%) | 0.88 | 4,901 |
| 2019-11-01 | $270,990 (0.4%) | $366,103 (-1.0%) | 0.89 | 4,855 |
| 2019-12-01 | $274,000 (1.5%) | $366,319 (-1.6%) | 0.91 | 4,751 |
| 2020-01-01 | $273,691 (1.6%) | $369,643 (-0.5%) | 0.91 | 4,749 |
| 2020-02-01 | $279,900 (3.5%) | $377,483 (0.7%) | 0.92 | 4,669 |
| 2020-03-01 | $279,450 (1.7%) | $375,679 (-0.3%) | 0.88 | 4,765 |
| 2020-04-01 | $274,950 (-0.8%) | $370,964 (-2.0%) | 0.86 | 4,870 |
| 2020-05-01 | $275,400 (-1.6%) | $372,301 (-1.9%) | 0.84 | 4,633 |
| 2020-06-01 | $279,000 (-0.3%) | $377,826 (0.1%) | 0.82 | 3,992 |
| 2020-07-01 | $279,900 (1.8%) | $384,912 (3.1%) | 0.81 | 3,548 |
| 2020-08-01 | $279,975 (1.9%) | $388,208 (5.0%) | 0.80 | 3,157 |
| 2020-09-01 | $286,895 (4.6%) | $400,268 (8.6%) | 0.82 | 2,906 |
| 2020-10-01 | $289,000 (5.5%) | $403,491 (9.8%) | 0.83 | 2,866 |
| 2020-11-01 | $289,218 (6.7%) | $402,824 (10.0%) | 0.85 | 2,814 |
| 2020-12-01 | $287,945 (5.1%) | $405,626 (10.7%) | 0.86 | 2,616 |
| 2021-01-01 | $289,900 (5.9%) | $413,065 (11.8%) | 0.87 | 2,311 |
| 2021-02-01 | $299,700 (7.1%) | $436,558 (15.7%) | 0.87 | 1,929 |
| 2021-03-01 | $302,450 (8.2%) | $447,881 (19.2%) | 0.86 | 1,534 |
| 2021-04-01 | $315,000 (14.6%) | $464,588 (25.2%) | 0.85 | 1,387 |
| 2021-05-01 | $320,000 (16.2%) | $469,207 (26.0%) | 0.85 | 1,393 |
| 2021-06-01 | $334,975 (20.1%) | $469,148 (24.2%) | 0.88 | 1,534 |
| 2021-07-01 | $330,000 (17.9%) | $459,735 (19.4%) | 0.87 | 1,724 |
| 2021-08-01 | $339,000 (21.1%) | $456,175 (17.5%) | 0.90 | 1,875 |
| 2021-09-01 | $343,183 (19.6%) | $460,732 (15.1%) | 0.92 | 1,994 |
| 2021-10-01 | $349,900 (21.1%) | $470,754 (16.7%) | 0.93 | 1,977 |
| 2021-11-01 | $349,900 (21.0%) | $479,586 (19.1%) | 0.94 | 1,907 |
| 2021-12-01 | $349,900 (21.5%) | $479,123 (18.1%) | 0.95 | 1,733 |
| 2022-01-01 | $349,900 (20.7%) | $474,035 (14.8%) | 0.95 | 1,499 |
| 2022-02-01 | $375,000 (25.1%) | $513,823 (17.7%) | 0.98 | 1,316 |
| 2022-03-01 | $381,495 (26.1%) | $526,980 (17.7%) | 0.96 | 1,251 |
| 2022-04-01 | $399,900 (27.0%) | $553,875 (19.2%) | 0.95 | 1,299 |
| 2022-05-01 | $402,500 (25.8%) | $552,388 (17.7%) | 0.92 | 1,705 |
| 2022-06-01 | $417,837 (24.7%) | $539,889 (15.1%) | 0.93 | 2,087 |
| 2022-07-01 | $403,500 (22.3%) | $531,127 (15.5%) | 0.91 | 2,727 |
| 2022-08-01 | $399,900 (18.0%) | $518,690 (13.7%) | 0.92 | 3,103 |
| 2022-09-01 | $399,450 (16.4%) | $506,516 (9.9%) | 0.93 | 3,159 |
| 2022-10-01 | $399,000 (14.0%) | $507,423 (7.8%) | 0.94 | 3,108 |
| 2022-11-01 | $395,000 (12.9%) | $503,268 (4.9%) | 0.95 | 3,363 |
| 2022-12-01 | $389,900 (11.4%) | $495,483 (3.4%) | 0.96 | 3,431 |
| 2023-01-01 | $394,445 (12.7%) | $505,824 (6.7%) | 0.98 | 3,394 |
| 2023-02-01 | $395,573 (5.5%) | $508,601 (-1.0%) | 0.96 | 3,443 |
| 2023-03-01 | $399,000 (4.6%) | $515,491 (-2.2%) | 0.94 | 3,348 |
| 2023-04-01 | $399,900 (0.0%) | $520,290 (-6.1%) | 0.93 | 3,241 |
| 2023-05-01 | $399,900 (-0.7%) | $524,289 (-5.1%) | 0.91 | 3,353 |
Deltona's median listing price comes in at 91% of the national average.
Deltona's average listing price for 2023-05-01 was $524,289, a difference of $-28,099 (-5.1%) versus the prior year and $3,999 versus the prior month.
For the 2023-05-01 period, Deltona had 3,353 MLS listings, a difference of 112 listings (3%) versus the prior month and 1,648 listings (97%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Deltona (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 73 days | 1,888 sqft |
| 2018-02-01 | 67 days | 1,864 sqft |
| 2018-03-01 | 60 days | 1,871 sqft |
| 2018-04-01 | 61 days | 1,866 sqft |
| 2018-05-01 | 65 days | 1,890 sqft |
| 2018-06-01 | 67 days | 1,895 sqft |
| 2018-07-01 | 71 days | 1,879 sqft |
| 2018-08-01 | 71 days | 1,872 sqft |
| 2018-09-01 | 67 days | 1,860 sqft |
| 2018-10-01 | 66 days | 1,860 sqft |
| 2018-11-01 | 66 days | 1,862 sqft |
| 2018-12-01 | 73 days | 1,859 sqft |
| 2019-01-01 | 79 days | 1,832 sqft |
| 2019-02-01 | 73 days | 1,841 sqft |
| 2019-03-01 | 71 days | 1,845 sqft |
| 2019-04-01 | 70 days | 1,845 sqft |
| 2019-05-01 | 70 days | 1,811 sqft |
| 2019-06-01 | 70 days | 1,815 sqft |
| 2019-07-01 | 71 days | 1,807 sqft |
| 2019-08-01 | 71 days | 1,806 sqft |
| 2019-09-01 | 72 days | 1,804 sqft |
| 2019-10-01 | 74 days | 1,802 sqft |
| 2019-11-01 | 68 days | 1,789 sqft |
| 2019-12-01 | 72 days | 1,785 sqft |
| 2020-01-01 | 75 days | 1,760 sqft |
| 2020-02-01 | 67 days | 1,765 sqft |
| 2020-03-01 | 59 days | 1,755 sqft |
| 2020-04-01 | 66 days | 1,728 sqft |
| 2020-05-01 | 76 days | 1,724 sqft |
| 2020-06-01 | 85 days | 1,732 sqft |
| 2020-07-01 | 71 days | 1,751 sqft |
| 2020-08-01 | 64 days | 1,732 sqft |
| 2020-09-01 | 58 days | 1,760 sqft |
| 2020-10-01 | 51 days | 1,774 sqft |
| 2020-11-01 | 52 days | 1,753 sqft |
| 2020-12-01 | 58 days | 1,718 sqft |
| 2021-01-01 | 61 days | 1,714 sqft |
| 2021-02-01 | 44 days | 1,718 sqft |
| 2021-03-01 | 43 days | 1,723 sqft |
| 2021-04-01 | 36 days | 1,731 sqft |
| 2021-05-01 | 32 days | 1,704 sqft |
| 2021-06-01 | 31 days | 1,714 sqft |
| 2021-07-01 | 31 days | 1,700 sqft |
| 2021-08-01 | 35 days | 1,696 sqft |
| 2021-09-01 | 38 days | 1,681 sqft |
| 2021-10-01 | 40 days | 1,702 sqft |
| 2021-11-01 | 43 days | 1,698 sqft |
| 2021-12-01 | 52 days | 1,690 sqft |
| 2022-01-01 | 46 days | 1,680 sqft |
| 2022-02-01 | 33 days | 1,683 sqft |
| 2022-03-01 | 31 days | 1,697 sqft |
| 2022-04-01 | 29 days | 1,724 sqft |
| 2022-05-01 | 27 days | 1,731 sqft |
| 2022-06-01 | 30 days | 1,754 sqft |
| 2022-07-01 | 32 days | 1,724 sqft |
| 2022-08-01 | 39 days | 1,712 sqft |
| 2022-09-01 | 49 days | 1,717 sqft |
| 2022-10-01 | 60 days | 1,724 sqft |
| 2022-11-01 | 62 days | 1,733 sqft |
| 2022-12-01 | 64 days | 1,711 sqft |
| 2023-01-01 | 67 days | 1,701 sqft |
| 2023-02-01 | 59 days | 1,692 sqft |
| 2023-03-01 | 54 days | 1,701 sqft |
| 2023-04-01 | 56 days | 1,689 sqft |
| 2023-05-01 | 52 days | 1,682 sqft |
Deltona's median square footage for active listings during the 2023-05-01 period was 1,682 sqft. One year prior, the average listing was 1,731 sqft.