Hanford VA Loan Rates, Closing Costs & Stats

HANFORD-CORCORAN, 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.

    Hanford's 55 lenders originated 489 VA loans during 2024. The total origination value was $192,405,000, with an average VA loan value of $393,466.

    Hanford VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Hanford averaged 0.02% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Hanford's average VA mortgage closing costs are $7,457.

    The average rate for the prior week (2025-06-13) was 6.76% and one month ago for the week of 2025-05-16, the average rate was 6.32%.

    The average rate one year ago was 6.62%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.01%.

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

    Hanford 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 Hanford level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 73 5.79% $7,637
    Mortgage Research Center, LLC 57 6.26% $7,746
    Golden Empire Mortgage, Inc. 43 6.05% $11,256
    EAGLE HOME MORTGAGE, LLC 36 5.59% $5,447
    AMERICAN PACIFIC MORTGAGE CORPORATION 32 6.41% $12,582
    ALAMEDA MORTGAGE CORPORATION 26 6.02% $15,518
    INSPIRE HOME LOANS INC. 25 5.20% $12,013
    FREEDOM MORTGAGE CORPORATION 21 5.98% $6,558
    NAVY FEDERAL CREDIT UNION 18 6.01% $8,486
    QUICKEN LOANS, LLC 17 5.92% $12,753
    The Loan Store, Inc. 13 6.38% $11,571
    CLM MORTGAGE, INC 10 5.89% $6,604
    OCMBC, INC. 7 6.45% $12,159
    PENNYMAC LOAN SERVICES, LLC 7 5.32% $7,500
    CROSSCOUNTRY MORTGAGE, LLC 7 5.88% $7,914
    VILLAGE CAPITAL MORTGAGE 6 5.58% $7,500
    USAA Federal Savings Bank 5 6.05% $7,897
    NEWREZ LLC 5 5.55% $7,158
    GUARANTEED RATE, INC. 5 5.84% $3,675
    Magnolia Bank 4 6.00% $19,769
    LOANPAL, LLC 4 5.62% $7,952
    CMG MORTGAGE, INC. 3 6.17% $13,294
    NBKC BANK 3 5.66% $2,521
    Sierra Pacific Mortgage Company, Inc. 3 5.71% $10,178
    SUN WEST MORTGAGE COMPANY, INC. 3 5.96% $9,556
    Commerce Home Mortgage, Inc. 3 6.79% $8,599
    Lakeview Community Capital, LLC 3 5.79% $4,086
    COASTAL FUNDING SLC, INC. 2 6.75% $14,028
    Barrington Bank & Trust Company, N.A. 2 7.00% $8,315
    BROKER SOLUTIONS, INC. 2 6.56% $15,490
    CLEARPATH LENDING 2 5.88% $9,335
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.00% $8,518
    LOANDEPOT.COM, LLC 2 5.63% $13,348
    U.S. Bank 2 6.19% $20,019
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $2,783
    NATIONS DIRECT MORTGAGE, LLC 1 5.50% $6,840
    HomePromise Corporation 1 7.38% $2,857
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.13% $14,915
    First Federal Bank 1 5.25% $10,771
    EVERETT FINANCIAL, INC. 1 6.63% $17,128
    PANORAMA MORTGAGE GROUP, LLC 1 5.75% $16,957
    Equity Prime Mortgage LLC 1 6.75% $23,096
    PHH Mortgage Corporation 1 4.75% $8,747
    PLANET HOME LENDING, LLC 1 4.99% $11,213
    EMM LOANS LLC 1 6.25% $12,250
    DAS Acquisition Company, LLC 1 6.88% $15,530
    SIRVA MORTGAGE, INC. 1 7.00% $700
    Civista Bank 1 6.25% $13,623
    Century Mortgage Company DBA Century Lending Company 1 6.75% $5,730
    UNION HOME MORTGAGE CORP. 1 5.63% $6,608
    Armed Forces Bank 1 5.75% $3,983
    AMERISAVE MORTGAGE CORPORATION 1 5.38% $28,653
    Wells Fargo Bank 1 6.13% $4,090
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $7,039
    LAKEVIEW LOAN SERVICING, LLC 1 5.75% $8,576

    The top Hanford VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 73 VA loans originated. Their average total fees are $7,637, which is $109 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Hanford VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($5,447), FREEDOM MORTGAGE CORPORATION ($6,558), CLM MORTGAGE, INC ($6,604), UNITED WHOLESALE MORTGAGE, LLC ($7,637) and Mortgage Research Center, LLC ($7,746).

    The lowest rate Hanford VA lenders (with over 10 loans originated) are INSPIRE HOME LOANS INC. (5.20%), EAGLE HOME MORTGAGE, LLC (5.59%), UNITED WHOLESALE MORTGAGE, LLC (5.79%), CLM MORTGAGE, INC (5.89%) and QUICKEN LOANS, LLC (5.92%).

    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.