Fresno VA Loan Rates, Closing Costs & Stats

FRESNO, 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.

    Fresno's 73 lenders originated 450 VA loans during 2023. The total origination value was $183,460,000, with an average VA loan value of $407,689.

    Fresno VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Fresno averaged 6.32% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Fresno's average VA mortgage closing costs are $6,333.

    The average rate for the prior week (2025-02-07) was 6.26% and one month ago for the week of 2025-01-10, the average rate was 6.79%.

    The average rate one year ago was 6.22%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.66%.

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

    Fresno 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 Fresno level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 96 6.09% $9,314
    Mortgage Research Center, LLC 48 6.72% $8,180
    QUICKEN LOANS, LLC 36 6.06% $11,446
    ALAMEDA MORTGAGE CORPORATION 22 6.44% $13,232
    FREEDOM MORTGAGE CORPORATION 17 6.47% $15,372
    Century Mortgage Company DBA Century Lending Company 15 6.43% $10,901
    NAVY FEDERAL CREDIT UNION 15 5.61% $5,422
    EAGLE HOME MORTGAGE, LLC 15 5.84% $4,400
    PENNYMAC LOAN SERVICES, LLC 11 5.39% $8,406
    LOANDEPOT.COM, LLC 9 5.93% $12,957
    CMG MORTGAGE, INC. 9 5.87% $13,464
    KBHS HOME LOANS, LLC 8 6.66% $6,257
    The Federal Savings Bank 8 6.38% $15,885
    INSPIRE HOME LOANS INC. 7 5.09% $5,374
    NEW DAY FINANCIAL, LLC 7 7.27% $14,674
    Sierra Pacific Mortgage Company, Inc. 6 6.50% $15,353
    PLAZA HOME MORTGAGE, INC. 6 6.42% $11,782
    USAA Federal Savings Bank 5 6.28% $11,267
    CROSSCOUNTRY MORTGAGE, LLC 5 6.13% $10,860
    GUARANTEED RATE, INC. 5 6.14% $4,864
    PREMIER MORTGAGE RESOURCES, L.L.C. 5 6.47% $12,839
    CARDINAL FINANCIAL 5 5.93% $12,822
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.53% $11,705
    AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.22% $16,316
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.00% $6,520
    VILLAGE CAPITAL MORTGAGE 4 5.91% $15,915
    BROKER SOLUTIONS, INC. 3 5.96% $12,890
    SUN WEST MORTGAGE COMPANY, INC. 3 6.29% $9,520
    AMERICAN FINANCIAL NETWORK, INC. 3 6.54% $8,888
    NEWREZ LLC 2 6.25% $17,448
    Nations Lending Corporation 2 7.00% $16,501
    Magnolia Bank 2 6.63% $18,492
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.13% $19,517
    Barrington Bank & Trust Company, N.A. 2 7.25% $10,042
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 7.18% $21,617
    Paramount Residential Mortgage Group, Inc. 2 6.88% $7,560
    GUILD MORTGAGE COMPANY 2 7.13% $9,569
    NATIONS DIRECT MORTGAGE, LLC 1 5.63% $6,331
    NBKC BANK 1 6.00% $3,576
    Bank of England 1 6.00% $7,664
    NFM, INC. 1 5.38% $14,374
    NORWICH COMMERCIAL GROUP, INC. 1 6.75% $7,153
    DHI MORTGAGE COMPANY, LTD. 1 5.50% $3,889
    Plains Commerce Bank 1 5.00% $13,285
    PLANET HOME LENDING, LLC 1 5.25% $7,440
    Prosperity Home Mortgage, LLC 1 6.63% $3,945
    SCENIC OAKS FUNDING, INC. 1 6.00% $19,813
    AMERICAN FINANCING CORPORATION 1 6.75% $14,170
    Stifel Bank and Trust 1 6.00% $9,824
    SUMMIT FUNDING, INC. 1 6.75% $14,302
    ALTITUDE FINANCIAL CORPORATION 1 5.75% $26
    U.S. Bank 1 5.50% $49,298
    VERITAS FUNDING, LLC 1 6.75% $17,160
    OCMBC, INC. 1 5.50% $11,424
    CASTLE & COOKE MORTGAGE, LLC 1 6.49% $10,796
    ENVOY MORTGAGE, LTD 1 5.75% $20,018
    FBC MORTGAGE, LLC 1 6.25% $461
    FIRST COMMUNITY MORTGAGE, INC. 1 6.99% $3,801
    FRONTWAVE 1 6.25% $2,078
    CALIBER HOME LOANS, INC. 1 5.75% $4,195
    INTERNATIONAL CITY MORTGAGE, INC. 1 6.13% $22,525
    JMJ FINANCIAL GROUP 1 6.63% $9,501
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 1 6.00% $298
    Lakeview Community Capital, LLC 1 5.75% $16,858
    LEADERONE FINANCIAL CORPORATION 1 6.25% $93
    BAY-VALLEY MORTGAGE GROUP 1 7.13% $19,020
    MICHIGAN MUTUAL, INC. 1 5.38% $22,286
    Mid-Continent Funding, Inc. 1 6.75% $5,645
    MORTGAGEONE, INC. 1 6.25% $10,329
    BAY EQUITY LLC 1 5.88% $15,124
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.75% $12,043
    MOUNTAIN WEST FINANCIAL, INC. 1 7.13% $28,974
    Mr. Cooper ( Nationstar Mortgage ) 1 5.75% $4,886

    The top Fresno VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 96 VA loans originated. Their average total fees are $9,314, which is $1,134 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Fresno VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($4,400), NAVY FEDERAL CREDIT UNION ($5,422), Mortgage Research Center, LLC ($8,180), PENNYMAC LOAN SERVICES, LLC ($8,406) and UNITED WHOLESALE MORTGAGE, LLC ($9,314).

    The lowest rate Fresno VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.39%), NAVY FEDERAL CREDIT UNION (5.61%), EAGLE HOME MORTGAGE, LLC (5.84%), QUICKEN LOANS, LLC (6.06%) and UNITED WHOLESALE MORTGAGE, LLC (6.09%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fresno (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 $305,680 (11.2%) $396,176 (8.0%) 1.11 1,690
    2018-02-01 $304,950 (10.9%) $396,397 (7.3%) 1.09 1,707
    2018-03-01 $309,950 (12.7%) $404,628 (8.7%) 1.05 1,766
    2018-04-01 $313,450 (8.1%) $403,543 (6.0%) 1.05 1,862
    2018-05-01 $315,000 (5.0%) $409,878 (2.9%) 1.05 1,945
    2018-06-01 $316,450 (2.5%) $416,087 (3.1%) 1.05 2,077
    2018-07-01 $315,000 (3.3%) $409,884 (0.9%) 1.05 2,176
    2018-08-01 $315,000 (4.6%) $403,164 (0.1%) 1.06 2,269
    2018-09-01 $310,000 (3.3%) $396,527 (0.5%) 1.05 2,399
    2018-10-01 $309,987 (1.6%) $399,187 (1.8%) 1.05 2,474
    2018-11-01 $309,450 (-0.1%) $396,931 (0.8%) 1.03 2,437
    2018-12-01 $309,900 (0.3%) $396,191 (0.3%) 1.05 2,232
    2019-01-01 $305,250 (-0.1%) $382,184 (-3.5%) 1.04 2,083
    2019-02-01 $308,338 (1.1%) $384,972 (-2.9%) 1.01 2,135
    2019-03-01 $313,429 (1.1%) $400,178 (-1.1%) 1.01 2,133
    2019-04-01 $317,806 (1.4%) $396,815 (-1.7%) 1.00 2,202
    2019-05-01 $325,000 (3.2%) $404,783 (-1.2%) 1.00 2,238
    2019-06-01 $334,900 (5.8%) $415,088 (-0.2%) 1.03 2,283
    2019-07-01 $337,500 (7.1%) $415,442 (1.4%) 1.06 2,257
    2019-08-01 $333,130 (5.8%) $412,057 (2.2%) 1.05 2,289
    2019-09-01 $328,824 (6.1%) $407,101 (2.7%) 1.05 2,298
    2019-10-01 $326,571 (5.4%) $407,345 (2.0%) 1.05 2,267
    2019-11-01 $325,900 (5.3%) $412,119 (3.8%) 1.07 2,133
    2019-12-01 $326,785 (5.5%) $407,612 (2.9%) 1.08 1,931
    2020-01-01 $329,000 (7.8%) $410,971 (7.5%) 1.09 1,677
    2020-02-01 $329,000 (6.7%) $407,099 (5.8%) 1.06 1,641
    2020-03-01 $339,913 (8.5%) $426,183 (6.5%) 1.06 1,601
    2020-04-01 $336,840 (6.0%) $417,015 (5.1%) 1.04 1,686
    2020-05-01 $340,000 (4.6%) $428,926 (6.0%) 1.03 1,575
    2020-06-01 $349,855 (4.5%) $443,563 (6.9%) 1.02 1,323
    2020-07-01 $354,500 (5.0%) $458,808 (10.4%) 1.02 1,119
    2020-08-01 $363,950 (9.3%) $469,221 (13.9%) 1.00 1,022
    2020-09-01 $362,500 (10.2%) $475,461 (16.8%) 1.01 1,040
    2020-10-01 $359,450 (10.1%) $479,276 (17.7%) 1.00 1,022
    2020-11-01 $362,675 (11.3%) $497,854 (20.8%) 1.03 950
    2020-12-01 $354,500 (8.5%) $485,674 (19.2%) 1.02 857
    2021-01-01 $365,000 (10.9%) $500,299 (21.7%) 1.04 694
    2021-02-01 $362,500 (10.2%) $510,906 (25.5%) 1.02 637
    2021-03-01 $373,900 (10.0%) $520,334 (22.1%) 1.01 640
    2021-04-01 $389,225 (15.6%) $537,645 (28.9%) 1.02 679
    2021-05-01 $399,900 (17.6%) $554,522 (29.3%) 1.02 725
    2021-06-01 $406,143 (16.1%) $557,319 (25.7%) 1.05 855
    2021-07-01 $399,950 (12.8%) $545,308 (18.9%) 1.05 964
    2021-08-01 $401,750 (10.4%) $542,345 (15.6%) 1.06 1,035
    2021-09-01 $413,500 (14.1%) $634,237 (33.4%) 1.07 1,073
    2021-10-01 $419,000 (16.6%) $542,913 (13.3%) 1.07 1,029
    2021-11-01 $427,000 (17.7%) $552,727 (11.0%) 1.07 967
    2021-12-01 $437,000 (23.3%) $567,941 (16.9%) 1.13 838
    2022-01-01 $439,000 (20.3%) $580,001 (15.9%) 1.11 677
    2022-02-01 $420,000 (15.9%) $566,072 (10.8%) 1.02 671
    2022-03-01 $434,950 (16.3%) $582,657 (12.0%) 1.02 722
    2022-04-01 $449,000 (15.4%) $595,920 (10.8%) 1.02 812
    2022-05-01 $454,997 (13.8%) $591,873 (6.7%) 1.01 1,022
    2022-06-01 $452,950 (11.5%) $577,404 (3.6%) 0.98 1,245
    2022-07-01 $449,900 (12.5%) $563,143 (3.3%) 0.99 1,614
    2022-08-01 $442,500 (10.1%) $551,008 (1.6%) 1.00 1,646
    2022-09-01 $447,450 (8.2%) $551,236 (-13.1%) 1.01 1,651
    2022-10-01 $435,000 (3.8%) $542,135 (-0.1%) 1.00 1,722
    2022-11-01 $427,000 (0.0%) $543,406 (-1.7%) 1.01 1,713
    2022-12-01 $430,000 (-1.6%) $549,282 (-3.3%) 1.05 1,487
    2023-01-01 $437,000 (-0.5%) $557,223 (-3.9%) 1.07 1,313
    2023-02-01 $441,250 (5.1%) $578,412 (2.2%) 1.03 1,159
    2023-03-01 $444,968 (2.3%) $588,557 (1.0%) 1.01 1,067
    2023-04-01 $450,000 (0.2%) $611,634 (2.6%) 1.03 981
    2023-05-01 $472,275 (3.8%) $623,300 (5.3%) 1.04 1,023
    2023-06-01 $477,533 (5.4%) $624,819 (8.2%) 1.06 1,062
    2023-07-01 $486,250 (8.1%) $635,826 (12.9%) 1.08 1,115
    2023-08-01 $481,250 (8.8%) $635,747 (15.4%) 1.07 1,279
    2023-09-01 $473,960 (5.9%) $616,563 (11.9%) 1.06 1,345
    2023-10-01 $469,000 (7.8%) $607,462 (12.1%) 1.06 1,443
    2023-11-01 $460,000 (7.7%) $597,325 (9.9%) 1.07 1,545
    2023-12-01 $461,500 (7.3%) $608,460 (10.8%) 1.10 1,469
    2024-01-01 $453,470 (3.8%) $604,108 (8.4%) 1.09 1,307
    2024-02-01 $467,300 (5.9%) $619,217 (7.1%) 1.09 1,222
    2024-03-01 $469,000 (5.4%) $623,043 (5.9%) 1.06 1,206
    2024-04-01 $478,500 (6.3%) $628,172 (2.7%) 1.07 1,306
    2024-05-01 $482,250 (2.1%) $637,976 (2.4%) 1.08 1,402
    2024-06-01 $482,000 (0.9%) $626,506 (0.3%) 1.07 1,430
    2024-07-01 $478,426 (-1.6%) $617,149 (-2.9%) 1.05 1,593
    2024-08-01 $479,950 (-0.3%) $630,266 (-0.9%) 1.07 1,634
    2024-09-01 $481,000 (1.5%) $626,951 (1.7%) 1.09 1,755
    2024-10-01 $477,327 (1.8%) $611,290 (0.6%) 1.08 1,759
    2024-11-01 $479,694 (4.3%) $607,430 (1.7%) 1.10 1,751
    2024-12-01 $477,485 (3.5%) $600,479 (-1.3%) 1.14 1,555
    2025-01-01 $475,000 (4.8%) $594,861 (-1.5%) 0.00 1,516
    Fresno's median listing price for 2025-01-01 was $475,000, a difference of $21,530 (4.8%) versus the prior year and $-2,485 versus the prior month.

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

    Fresno's average listing price for 2025-01-01 was $594,861, a difference of $-9,247 (-1.5%) versus the prior year and $-5,618 versus the prior month.

    For the 2025-01-01 period, Fresno had 1,516 MLS listings, a difference of -39 listings (-3%) versus the prior month and 209 listings (16%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fresno (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 58 days 1,885 sqft
    2018-02-01 39 days 1,869 sqft
    2018-03-01 40 days 1,900 sqft
    2018-04-01 41 days 1,900 sqft
    2018-05-01 37 days 1,893 sqft
    2018-06-01 38 days 1,892 sqft
    2018-07-01 39 days 1,877 sqft
    2018-08-01 40 days 1,873 sqft
    2018-09-01 43 days 1,862 sqft
    2018-10-01 46 days 1,849 sqft
    2018-11-01 50 days 1,852 sqft
    2018-12-01 60 days 1,861 sqft
    2019-01-01 60 days 1,851 sqft
    2019-02-01 45 days 1,841 sqft
    2019-03-01 42 days 1,872 sqft
    2019-04-01 39 days 1,890 sqft
    2019-05-01 40 days 1,906 sqft
    2019-06-01 45 days 1,919 sqft
    2019-07-01 46 days 1,920 sqft
    2019-08-01 46 days 1,908 sqft
    2019-09-01 46 days 1,892 sqft
    2019-10-01 47 days 1,882 sqft
    2019-11-01 50 days 1,872 sqft
    2019-12-01 57 days 1,867 sqft
    2020-01-01 62 days 1,854 sqft
    2020-02-01 43 days 1,834 sqft
    2020-03-01 40 days 1,876 sqft
    2020-04-01 42 days 1,872 sqft
    2020-05-01 49 days 1,895 sqft
    2020-06-01 42 days 1,908 sqft
    2020-07-01 37 days 1,908 sqft
    2020-08-01 29 days 1,920 sqft
    2020-09-01 25 days 1,889 sqft
    2020-10-01 26 days 1,886 sqft
    2020-11-01 34 days 1,880 sqft
    2020-12-01 36 days 1,836 sqft
    2021-01-01 39 days 1,851 sqft
    2021-02-01 22 days 1,822 sqft
    2021-03-01 17 days 1,853 sqft
    2021-04-01 15 days 1,872 sqft
    2021-05-01 13 days 1,848 sqft
    2021-06-01 16 days 1,872 sqft
    2021-07-01 21 days 1,866 sqft
    2021-08-01 23 days 1,870 sqft
    2021-09-01 27 days 1,890 sqft
    2021-10-01 26 days 1,868 sqft
    2021-11-01 30 days 1,891 sqft
    2021-12-01 35 days 1,872 sqft
    2022-01-01 33 days 1,880 sqft
    2022-02-01 29 days 1,806 sqft
    2022-03-01 29 days 1,798 sqft
    2022-04-01 26 days 1,829 sqft
    2022-05-01 23 days 1,840 sqft
    2022-06-01 26 days 1,843 sqft
    2022-07-01 31 days 1,836 sqft
    2022-08-01 37 days 1,820 sqft
    2022-09-01 43 days 1,835 sqft
    2022-10-01 46 days 1,817 sqft
    2022-11-01 46 days 1,796 sqft
    2022-12-01 55 days 1,818 sqft
    2023-01-01 59 days 1,827 sqft
    2023-02-01 47 days 1,833 sqft
    2023-03-01 45 days 1,849 sqft
    2023-04-01 44 days 1,883 sqft
    2023-05-01 38 days 1,892 sqft
    2023-06-01 36 days 1,905 sqft
    2023-07-01 36 days 1,900 sqft
    2023-08-01 38 days 1,909 sqft
    2023-09-01 39 days 1,911 sqft
    2023-10-01 40 days 1,904 sqft
    2023-11-01 44 days 1,891 sqft
    2023-12-01 50 days 1,890 sqft
    2024-01-01 57 days 1,875 sqft
    2024-02-01 44 days 1,891 sqft
    2024-03-01 40 days 1,909 sqft
    2024-04-01 39 days 1,921 sqft
    2024-05-01 33 days 1,913 sqft
    2024-06-01 38 days 1,897 sqft
    2024-07-01 41 days 1,886 sqft
    2024-08-01 45 days 1,879 sqft
    2024-09-01 42 days 1,873 sqft
    2024-10-01 46 days 1,870 sqft
    2024-11-01 51 days 1,881 sqft
    2024-12-01 59 days 1,866 sqft
    2025-01-01 0 days 1,846 sqft
    Fresno's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Fresno's median square footage for active listings during the 2025-01-01 period was 1,846 sqft. One year prior, the average listing was 1,875 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.