Eureka VA Loan Rates, Closing Costs & Stats

Eureka-Arcata, 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.

    Eureka's 24 lenders originated 63 VA loans during 2024. The total origination value was $24,465,000, with an average VA loan value of $388,333.

    Eureka VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Eureka averaged 6.87% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Eureka's average VA mortgage closing costs are $6,813.

    The average rate for the prior week (2025-05-16) was 6.66% and one month ago for the week of 2025-04-18, the average rate was 6.63%.

    The average rate one year ago was 6.85%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.98%.

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

    Eureka 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 Eureka level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 10 6.16% $8,717
    UNITED WHOLESALE MORTGAGE, LLC 9 6.18% $8,076
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.22% $12,225
    FIRST COLONY MORTGAGE CORPORATION 4 5.66% $12,014
    American Mortgage & Equity Consultants, Inc. 3 6.71% $8,565
    Florida Capital Bank 3 5.88% $13,890
    LOANDEPOT.COM, LLC 2 5.94% $2,285
    SUMMIT FUNDING, INC. 2 6.63% $6,939
    Magnolia Bank 2 5.94% $10,157
    FREEDOM MORTGAGE CORPORATION 1 6.25% $8,046
    BROKER SOLUTIONS, INC. 1 6.99% $33,509
    Mr. Cooper ( Nationstar Mortgage ) 1 5.75% $5,316
    NEW DAY FINANCIAL, LLC 1 7.50% $25,667
    NEWREZ LLC 1 6.25% $8,938
    PENNYMAC LOAN SERVICES, LLC 1 5.13% $11,484
    PLANET HOME LENDING, LLC 1 5.38% $5,095
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $8,572
    The Loan Store, Inc. 1 6.99% $5,126
    ATLANTA POSTAL 1 5.63% $6,529
    USAA Federal Savings Bank 1 6.63% $8,973
    Equity Prime Mortgage LLC 1 7.38% $12,448
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 5.13% $11,626
    CLEARPATH LENDING 1 5.88% $1,610
    VILLAGE CAPITAL MORTGAGE 1 5.75% $5,067

    The top Eureka VA lender as defined by loan originations is Mortgage Research Center, LLC, with 10 VA loans originated. Their average total fees are $8,717, which is $641 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Eureka VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($8,717), .

    The lowest rate Eureka VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.16%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Eureka (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 $425,000 (13.3%) $634,604 (6.4%) 1.58 338
    2018-02-01 $425,000 (13.0%) $627,612 (-7.4%) 1.54 357
    2018-03-01 $425,000 (7.9%) $613,023 (-0.8%) 1.49 377
    2018-04-01 $425,000 (11.2%) $590,027 (-6.8%) 1.44 385
    2018-05-01 $421,000 (5.5%) $556,150 (-23.0%) 1.41 437
    2018-06-01 $399,000 (-2.2%) $554,816 (-18.3%) 1.33 490
    2018-07-01 $395,000 (-1.2%) $548,506 (-12.1%) 1.32 490
    2018-08-01 $395,000 (1.0%) $544,744 (-3.2%) 1.32 509
    2018-09-01 $392,450 (0.8%) $540,892 (-6.2%) 1.31 506
    2018-10-01 $377,350 (-5.3%) $530,741 (-8.9%) 1.28 492
    2018-11-01 $383,500 (-3.9%) $531,879 (-7.2%) 1.30 474
    2018-12-01 $379,000 (-5.0%) $531,313 (-11.4%) 1.31 428
    2019-01-01 $376,625 (-11.4%) $526,483 (-17.0%) 1.30 375
    2019-02-01 $369,000 (-13.2%) $514,051 (-18.1%) 1.25 380
    2019-03-01 $376,607 (-11.4%) $528,396 (-13.8%) 1.23 377
    2019-04-01 $386,750 (-9.0%) $544,027 (-7.8%) 1.22 381
    2019-05-01 $397,000 (-5.7%) $548,403 (-1.4%) 1.24 399
    2019-06-01 $395,000 (-1.0%) $542,476 (-2.2%) 1.23 432
    2019-07-01 $389,700 (-1.3%) $542,961 (-1.0%) 1.22 444
    2019-08-01 $384,145 (-2.8%) $539,691 (-0.9%) 1.22 440
    2019-09-01 $376,189 (-4.1%) $528,673 (-2.3%) 1.20 420
    2019-10-01 $370,000 (-2.0%) $515,897 (-2.8%) 1.19 400
    2019-11-01 $368,932 (-3.8%) $503,729 (-5.3%) 1.21 364
    2019-12-01 $361,000 (-4.8%) $504,468 (-5.1%) 1.20 323
    2020-01-01 $354,500 (-5.9%) $486,348 (-7.6%) 1.18 286
    2020-02-01 $350,000 (-5.2%) $507,420 (-1.3%) 1.15 265
    2020-03-01 $352,500 (-6.4%) $499,384 (-5.5%) 1.11 274
    2020-04-01 $360,475 (-6.8%) $495,289 (-9.0%) 1.13 270
    2020-05-01 $357,000 (-10.1%) $485,619 (-11.5%) 1.09 269
    2020-06-01 $377,500 (-4.4%) $581,452 (7.2%) 1.11 235
    2020-07-01 $379,000 (-2.8%) $622,921 (14.7%) 1.10 217
    2020-08-01 $399,250 (3.9%) $641,777 (18.9%) 1.14 210
    2020-09-01 $399,375 (6.2%) $659,244 (24.7%) 1.14 188
    2020-10-01 $425,000 (14.9%) $684,059 (32.6%) 1.22 162
    2020-11-01 $422,225 (14.5%) $691,846 (37.3%) 1.23 171
    2020-12-01 $428,225 (18.6%) $685,903 (36.0%) 1.27 132
    2021-01-01 $425,000 (19.9%) $698,426 (43.6%) 1.27 115
    2021-02-01 $428,250 (22.4%) $771,500 (52.0%) 1.25 103
    2021-03-01 $427,450 (21.3%) $732,215 (46.6%) 1.21 110
    2021-04-01 $444,475 (23.3%) $704,625 (42.3%) 1.20 124
    2021-05-01 $429,900 (20.4%) $674,760 (39.0%) 1.14 133
    2021-06-01 $434,100 (15.0%) $710,684 (22.2%) 1.14 149
    2021-07-01 $449,000 (18.5%) $725,572 (16.5%) 1.18 158
    2021-08-01 $449,750 (12.7%) $724,320 (12.9%) 1.20 175
    2021-09-01 $470,475 (17.8%) $753,658 (14.3%) 1.25 165
    2021-10-01 $493,000 (16.0%) $776,367 (13.5%) 1.31 168
    2021-11-01 $519,500 (23.0%) $819,265 (18.4%) 1.39 169
    2021-12-01 $499,000 (16.5%) $775,383 (13.1%) 1.35 171
    2022-01-01 $519,000 (22.1%) $833,508 (19.3%) 1.40 157
    2022-02-01 $524,250 (22.4%) $833,163 (8.0%) 1.36 163
    2022-03-01 $542,500 (26.9%) $802,758 (9.6%) 1.36 174
    2022-04-01 $549,000 (23.5%) $811,380 (15.2%) 1.31 187
    2022-05-01 $539,000 (25.4%) $789,243 (17.0%) 1.23 233
    2022-06-01 $530,000 (22.1%) $755,652 (6.3%) 1.19 274
    2022-07-01 $499,000 (11.1%) $679,627 (-6.3%) 1.12 329
    2022-08-01 $498,000 (10.7%) $667,642 (-7.8%) 1.15 324
    2022-09-01 $499,500 (6.2%) $663,296 (-12.0%) 1.17 325
    2022-10-01 $495,000 (0.4%) $646,637 (-16.7%) 1.16 341
    2022-11-01 $486,500 (-6.4%) $637,263 (-22.2%) 1.17 332
    2022-12-01 $489,000 (-2.0%) $641,715 (-17.2%) 1.21 317
    2023-01-01 $478,000 (-7.9%) $627,962 (-24.7%) 1.19 272
    2023-02-01 $468,725 (-10.6%) $616,553 (-26.0%) 1.13 263
    2023-03-01 $480,975 (-11.3%) $637,436 (-20.6%) 1.13 254
    2023-04-01 $499,000 (-9.1%) $644,477 (-20.6%) 1.16 252
    2023-05-01 $499,500 (-7.3%) $654,365 (-17.1%) 1.13 274
    2023-06-01 $489,450 (-7.7%) $622,443 (-17.6%) 1.10 321
    2023-07-01 $489,000 (-2.0%) $620,586 (-8.7%) 1.11 347
    2023-08-01 $495,000 (-0.6%) $625,746 (-6.3%) 1.13 346
    2023-09-01 $475,000 (-4.9%) $624,879 (-5.8%) 1.11 361
    2023-10-01 $475,000 (-4.0%) $612,457 (-5.3%) 1.12 376
    2023-11-01 $469,000 (-3.6%) $601,651 (-5.6%) 1.11 345
    2023-12-01 $460,000 (-5.9%) $570,566 (-11.1%) 0.00 325
    2024-01-01 $441,012 (-7.7%) $550,781 (-12.3%) 0.00 304
    2024-02-01 $462,225 (-1.4%) $550,182 (-10.8%) 0.00 293
    2024-03-01 $465,000 (-3.3%) $553,519 (-13.2%) 0.00 308
    2024-04-01 $466,250 (-6.6%) $561,913 (-12.8%) 0.00 329
    2024-05-01 $494,100 (-1.1%) $574,026 (-12.3%) 0.00 373
    2024-06-01 $499,000 (2.0%) $584,531 (-6.1%) 0.00 414
    2024-07-01 $498,500 (1.9%) $585,063 (-5.7%) 0.00 457
    2024-08-01 $492,500 (-0.5%) $579,405 (-7.4%) 0.00 453
    2024-09-01 $489,000 (3.0%) $570,499 (-8.7%) 0.00 453
    2024-10-01 $479,000 (0.8%) $572,197 (-6.6%) 0.00 450
    2024-11-01 $475,000 (1.3%) $578,755 (-3.8%) 0.00 444
    2024-12-01 $474,000 (3.0%) $583,755 (2.3%) 0.00 385
    2025-01-01 $467,000 (5.9%) $571,569 (3.8%) 0.00 350
    2025-02-01 $459,250 (-0.6%) $562,629 (2.3%) 0.00 379
    2025-03-01 $490,000 (5.4%) $554,643 (0.2%) 0.00 406
    2025-04-01 $496,500 (6.5%) $570,727 (1.6%) 0.00 418
    Eureka's median listing price for 2025-04-01 was $496,500, a difference of $30,250 (6.5%) versus the prior year and $6,500 versus the prior month.

    Eureka's median listing price comes in at 0% of the national average.

    Eureka's average listing price for 2025-04-01 was $570,727, a difference of $8,814 (1.6%) versus the prior year and $16,084 versus the prior month.

    For the 2025-04-01 period, Eureka had 418 MLS listings, a difference of 12 listings (3%) versus the prior month and 89 listings (27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Eureka (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 78 days 1,553 sqft
    2018-02-01 77 days 1,554 sqft
    2018-03-01 69 days 1,558 sqft
    2018-04-01 68 days 1,584 sqft
    2018-05-01 59 days 1,570 sqft
    2018-06-01 61 days 1,577 sqft
    2018-07-01 71 days 1,599 sqft
    2018-08-01 74 days 1,605 sqft
    2018-09-01 83 days 1,600 sqft
    2018-10-01 83 days 1,586 sqft
    2018-11-01 87 days 1,596 sqft
    2018-12-01 88 days 1,598 sqft
    2019-01-01 89 days 1,580 sqft
    2019-02-01 90 days 1,530 sqft
    2019-03-01 79 days 1,559 sqft
    2019-04-01 60 days 1,600 sqft
    2019-05-01 52 days 1,618 sqft
    2019-06-01 53 days 1,600 sqft
    2019-07-01 66 days 1,630 sqft
    2019-08-01 70 days 1,590 sqft
    2019-09-01 75 days 1,569 sqft
    2019-10-01 77 days 1,554 sqft
    2019-11-01 83 days 1,554 sqft
    2019-12-01 88 days 1,540 sqft
    2020-01-01 81 days 1,495 sqft
    2020-02-01 71 days 1,500 sqft
    2020-03-01 56 days 1,506 sqft
    2020-04-01 66 days 1,574 sqft
    2020-05-01 67 days 1,550 sqft
    2020-06-01 63 days 1,597 sqft
    2020-07-01 45 days 1,639 sqft
    2020-08-01 38 days 1,658 sqft
    2020-09-01 38 days 1,651 sqft
    2020-10-01 49 days 1,789 sqft
    2020-11-01 39 days 1,697 sqft
    2020-12-01 59 days 1,682 sqft
    2021-01-01 61 days 1,624 sqft
    2021-02-01 34 days 1,659 sqft
    2021-03-01 19 days 1,680 sqft
    2021-04-01 19 days 1,631 sqft
    2021-05-01 22 days 1,600 sqft
    2021-06-01 21 days 1,546 sqft
    2021-07-01 30 days 1,515 sqft
    2021-08-01 30 days 1,459 sqft
    2021-09-01 31 days 1,500 sqft
    2021-10-01 31 days 1,540 sqft
    2021-11-01 41 days 1,553 sqft
    2021-12-01 59 days 1,500 sqft
    2022-01-01 73 days 1,540 sqft
    2022-02-01 65 days 1,589 sqft
    2022-03-01 46 days 1,570 sqft
    2022-04-01 43 days 1,600 sqft
    2022-05-01 41 days 1,591 sqft
    2022-06-01 42 days 1,600 sqft
    2022-07-01 43 days 1,533 sqft
    2022-08-01 52 days 1,513 sqft
    2022-09-01 64 days 1,546 sqft
    2022-10-01 66 days 1,513 sqft
    2022-11-01 73 days 1,536 sqft
    2022-12-01 88 days 1,515 sqft
    2023-01-01 98 days 1,507 sqft
    2023-02-01 96 days 1,518 sqft
    2023-03-01 91 days 1,524 sqft
    2023-04-01 72 days 1,500 sqft
    2023-05-01 57 days 1,524 sqft
    2023-06-01 45 days 1,572 sqft
    2023-07-01 52 days 1,600 sqft
    2023-08-01 66 days 1,651 sqft
    2023-09-01 64 days 1,600 sqft
    2023-10-01 68 days 1,600 sqft
    2023-11-01 73 days 1,588 sqft
    2023-12-01 0 days 1,559 sqft
    2024-01-01 0 days 1,506 sqft
    2024-02-01 0 days 1,506 sqft
    2024-03-01 0 days 1,500 sqft
    2024-04-01 0 days 1,500 sqft
    2024-05-01 0 days 1,548 sqft
    2024-06-01 0 days 1,535 sqft
    2024-07-01 0 days 1,517 sqft
    2024-08-01 0 days 1,516 sqft
    2024-09-01 0 days 1,562 sqft
    2024-10-01 0 days 1,560 sqft
    2024-11-01 0 days 1,575 sqft
    2024-12-01 0 days 1,550 sqft
    2025-01-01 0 days 1,544 sqft
    2025-02-01 0 days 1,487 sqft
    2025-03-01 0 days 1,507 sqft
    2025-04-01 0 days 1,535 sqft
    Eureka's median listing age (time on market) for 2025-04-01 was 0 days.

    Eureka's median square footage for active listings during the 2025-04-01 period was 1,535 sqft. One year prior, the average listing was 1,500 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.