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 6.18% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

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

    The average rate for the prior week (2025-03-28) was 6.4% and one month ago for the week of 2025-02-28, the average rate was 6.37%.

    The average rate one year ago was 6.58%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.05%.

    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%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Hanford (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 $247,000 (2.9%) $278,093 (4.9%) 0.00 230
    2018-02-01 $249,725 (4.5%) $279,119 (5.2%) 0.00 222
    2018-03-01 $248,900 (6.1%) $278,832 (6.1%) 0.00 216
    2018-04-01 $251,250 (6.0%) $282,186 (6.6%) 0.00 246
    2018-05-01 $249,950 (7.5%) $285,011 (10.2%) 0.00 243
    2018-06-01 $245,000 (4.3%) $291,579 (11.0%) 0.00 238
    2018-07-01 $259,219 (10.3%) $295,584 (11.4%) 0.00 247
    2018-08-01 $265,000 (16.7%) $305,949 (20.5%) 0.00 254
    2018-09-01 $267,500 (13.8%) $302,573 (14.9%) 0.00 265
    2018-10-01 $261,400 (10.7%) $289,780 (16.1%) 0.00 305
    2018-11-01 $256,750 (7.4%) $288,382 (15.3%) 0.00 307
    2018-12-01 $259,000 (7.9%) $293,425 (10.3%) 0.00 272
    2019-01-01 $259,800 (5.2%) $291,836 (4.9%) 0.00 261
    2019-02-01 $258,125 (3.4%) $279,220 (0.0%) 0.00 251
    2019-03-01 $264,313 (6.2%) $285,307 (2.3%) 0.00 287
    2019-04-01 $269,763 (7.4%) $290,559 (3.0%) 0.00 326
    2019-05-01 $265,333 (6.2%) $292,586 (2.7%) 0.00 321
    2019-06-01 $262,988 (7.3%) $297,043 (1.9%) 0.00 309
    2019-07-01 $269,713 (4.1%) $301,248 (1.9%) 0.00 297
    2019-08-01 $262,864 (-0.8%) $298,686 (-2.4%) 0.00 273
    2019-09-01 $261,197 (-2.4%) $294,353 (-2.7%) 0.00 239
    2019-10-01 $258,825 (-1.0%) $291,940 (0.8%) 0.00 216
    2019-11-01 $260,000 (1.3%) $300,064 (4.1%) 0.00 211
    2019-12-01 $263,524 (1.8%) $308,846 (5.3%) 0.00 215
    2020-01-01 $257,000 (-1.1%) $296,792 (1.7%) 0.00 195
    2020-02-01 $249,900 (-3.2%) $299,975 (7.4%) 0.00 171
    2020-03-01 $254,900 (-3.6%) $317,484 (11.3%) 0.00 160
    2020-04-01 $259,575 (-3.8%) $307,420 (5.8%) 0.00 168
    2020-05-01 $259,500 (-2.2%) $306,408 (4.7%) 0.00 145
    2020-06-01 $257,575 (-2.1%) $323,885 (9.0%) 0.00 118
    2020-07-01 $263,575 (-2.3%) $358,392 (19.0%) 0.00 102
    2020-08-01 $271,000 (3.1%) $402,403 (34.7%) 0.00 79
    2020-09-01 $281,200 (7.7%) $440,286 (49.6%) 0.00 96
    2020-10-01 $280,000 (8.2%) $436,021 (49.4%) 0.00 112
    2020-11-01 $268,000 (3.1%) $386,407 (28.8%) 0.00 126
    2020-12-01 $273,925 (4.0%) $409,999 (32.8%) 0.00 96
    2021-01-01 $269,000 (4.7%) $414,150 (39.5%) 0.00 89
    2021-02-01 $289,450 (15.8%) $435,718 (45.3%) 0.00 85
    2021-03-01 $295,750 (16.0%) $429,815 (35.4%) 0.00 95
    2021-04-01 $282,988 (9.0%) $1,404,998 (357.0%) 0.00 88
    2021-05-01 $299,000 (15.2%) $465,750 (52.0%) 0.00 77
    2021-06-01 $297,950 (15.7%) $478,099 (47.6%) 0.00 78
    2021-07-01 $300,950 (14.2%) $459,774 (28.3%) 0.00 96
    2021-08-01 $302,975 (11.8%) $398,361 (-1.0%) 0.00 116
    2021-09-01 $312,375 (11.1%) $399,732 (-9.2%) 0.00 132
    2021-10-01 $305,425 (9.1%) $394,269 (-9.6%) 0.00 128
    2021-11-01 $303,731 (13.3%) $382,101 (-1.1%) 0.00 122
    2021-12-01 $308,725 (12.7%) $377,603 (-7.9%) 0.00 112
    2022-01-01 $308,950 (14.9%) $387,489 (-6.4%) 0.00 100
    2022-02-01 $321,225 (11.0%) $391,428 (-10.2%) 0.00 86
    2022-03-01 $328,475 (11.1%) $408,258 (-5.0%) 0.00 85
    2022-04-01 $336,200 (18.8%) $399,561 (-71.6%) 0.00 98
    2022-05-01 $376,500 (25.9%) $414,744 (-11.0%) 0.00 122
    2022-06-01 $373,075 (25.2%) $414,419 (-13.3%) 0.00 147
    2022-07-01 $377,700 (25.5%) $410,236 (-10.8%) 0.00 168
    2022-08-01 $376,225 (24.2%) $403,526 (1.3%) 0.00 188
    2022-09-01 $382,450 (22.4%) $405,619 (1.5%) 0.00 186
    2022-10-01 $390,000 (27.7%) $427,628 (8.5%) 0.00 201
    2022-11-01 $376,750 (24.0%) $401,315 (5.0%) 0.00 227
    2022-12-01 $378,000 (22.4%) $398,256 (5.5%) 0.00 201
    2023-01-01 $368,000 (19.1%) $411,295 (6.1%) 0.00 179
    2023-02-01 $375,250 (16.8%) $435,739 (11.3%) 0.00 163
    2023-03-01 $387,450 (18.0%) $439,910 (7.8%) 0.00 153
    2023-04-01 $390,000 (16.0%) $470,751 (17.8%) 0.00 126
    2023-05-01 $397,375 (5.5%) $478,091 (15.3%) 0.00 116
    2023-06-01 $384,925 (3.2%) $482,907 (16.5%) 0.00 125
    2023-07-01 $398,500 (5.5%) $484,170 (18.0%) 0.00 124
    2023-08-01 $395,020 (5.0%) $437,210 (8.4%) 0.00 135
    2023-09-01 $382,885 (0.1%) $415,424 (2.4%) 0.00 144
    2023-10-01 $379,950 (-2.6%) $398,529 (-6.8%) 0.00 150
    2023-11-01 $368,725 (-2.1%) $406,898 (1.4%) 0.00 152
    2023-12-01 $359,900 (-4.8%) $408,730 (2.6%) 0.00 152
    2024-01-01 $367,450 (-0.2%) $407,732 (-0.9%) 0.00 149
    2024-02-01 $373,225 (-0.5%) $405,391 (-7.0%) 0.00 172
    2024-03-01 $378,500 (-2.3%) $428,995 (-2.5%) 0.00 163
    2024-04-01 $378,949 (-2.8%) $429,580 (-8.8%) 0.00 166
    2024-05-01 $375,000 (-5.6%) $438,179 (-8.4%) 0.00 175
    2024-06-01 $380,000 (-1.3%) $453,471 (-6.1%) 0.00 181
    2024-07-01 $376,125 (-5.6%) $447,976 (-7.5%) 0.00 170
    2024-08-01 $375,000 (-5.1%) $447,617 (2.4%) 0.00 164
    2024-09-01 $363,475 (-5.1%) $440,746 (6.1%) 0.00 164
    2024-10-01 $367,000 (-3.4%) $449,876 (12.9%) 0.00 170
    2024-11-01 $364,900 (-1.0%) $433,209 (6.5%) 0.00 196
    2024-12-01 $364,950 (1.4%) $434,176 (6.2%) 0.00 216
    2025-01-01 $364,945 (-0.7%) $432,696 (6.1%) 0.00 209
    2025-02-01 $359,950 (-3.6%) $434,214 (7.1%) 0.00 194
    2025-03-01 $379,000 (0.1%) $480,153 (11.9%) 0.00 197
    Hanford's median listing price for 2025-03-01 was $379,000, a difference of $500 (0.1%) versus the prior year and $19,050 versus the prior month.

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

    Hanford's average listing price for 2025-03-01 was $480,153, a difference of $51,158 (11.9%) versus the prior year and $45,939 versus the prior month.

    For the 2025-03-01 period, Hanford had 197 MLS listings, a difference of 3 listings (2%) versus the prior month and 34 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Hanford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,686 sqft
    2018-02-01 0 days 1,699 sqft
    2018-03-01 0 days 1,687 sqft
    2018-04-01 0 days 1,715 sqft
    2018-05-01 0 days 1,712 sqft
    2018-06-01 0 days 1,711 sqft
    2018-07-01 0 days 1,728 sqft
    2018-08-01 0 days 1,786 sqft
    2018-09-01 0 days 1,717 sqft
    2018-10-01 0 days 1,687 sqft
    2018-11-01 0 days 1,674 sqft
    2018-12-01 0 days 1,710 sqft
    2019-01-01 0 days 1,693 sqft
    2019-02-01 0 days 1,708 sqft
    2019-03-01 0 days 1,743 sqft
    2019-04-01 0 days 1,793 sqft
    2019-05-01 0 days 1,763 sqft
    2019-06-01 0 days 1,734 sqft
    2019-07-01 0 days 1,803 sqft
    2019-08-01 0 days 1,772 sqft
    2019-09-01 0 days 1,725 sqft
    2019-10-01 0 days 1,678 sqft
    2019-11-01 0 days 1,647 sqft
    2019-12-01 0 days 1,700 sqft
    2020-01-01 0 days 1,658 sqft
    2020-02-01 0 days 1,574 sqft
    2020-03-01 0 days 1,669 sqft
    2020-04-01 0 days 1,626 sqft
    2020-05-01 0 days 1,658 sqft
    2020-06-01 0 days 1,667 sqft
    2020-07-01 0 days 1,697 sqft
    2020-08-01 0 days 1,629 sqft
    2020-09-01 0 days 1,620 sqft
    2020-10-01 0 days 1,753 sqft
    2020-11-01 0 days 1,698 sqft
    2020-12-01 0 days 1,724 sqft
    2021-01-01 0 days 1,685 sqft
    2021-02-01 0 days 1,778 sqft
    2021-03-01 0 days 1,783 sqft
    2021-04-01 0 days 1,698 sqft
    2021-05-01 0 days 1,733 sqft
    2021-06-01 0 days 1,722 sqft
    2021-07-01 0 days 1,663 sqft
    2021-08-01 0 days 1,644 sqft
    2021-09-01 0 days 1,644 sqft
    2021-10-01 0 days 1,616 sqft
    2021-11-01 0 days 1,596 sqft
    2021-12-01 0 days 1,577 sqft
    2022-01-01 0 days 1,548 sqft
    2022-02-01 0 days 1,570 sqft
    2022-03-01 0 days 1,558 sqft
    2022-04-01 0 days 1,531 sqft
    2022-05-01 0 days 1,631 sqft
    2022-06-01 0 days 1,655 sqft
    2022-07-01 0 days 1,649 sqft
    2022-08-01 0 days 1,699 sqft
    2022-09-01 0 days 1,703 sqft
    2022-10-01 0 days 1,761 sqft
    2022-11-01 0 days 1,655 sqft
    2022-12-01 0 days 1,653 sqft
    2023-01-01 0 days 1,676 sqft
    2023-02-01 0 days 1,697 sqft
    2023-03-01 0 days 1,716 sqft
    2023-04-01 0 days 1,800 sqft
    2023-05-01 0 days 1,806 sqft
    2023-06-01 0 days 1,606 sqft
    2023-07-01 0 days 1,635 sqft
    2023-08-01 0 days 1,707 sqft
    2023-09-01 0 days 1,635 sqft
    2023-10-01 0 days 1,573 sqft
    2023-11-01 0 days 1,587 sqft
    2023-12-01 0 days 1,600 sqft
    2024-01-01 0 days 1,647 sqft
    2024-02-01 0 days 1,630 sqft
    2024-03-01 0 days 1,655 sqft
    2024-04-01 0 days 1,624 sqft
    2024-05-01 0 days 1,609 sqft
    2024-06-01 0 days 1,603 sqft
    2024-07-01 0 days 1,609 sqft
    2024-08-01 0 days 1,609 sqft
    2024-09-01 0 days 1,566 sqft
    2024-10-01 0 days 1,574 sqft
    2024-11-01 0 days 1,575 sqft
    2024-12-01 0 days 1,552 sqft
    2025-01-01 0 days 1,583 sqft
    2025-02-01 0 days 1,552 sqft
    2025-03-01 0 days 1,621 sqft
    Hanford's median listing age (time on market) for 2025-03-01 was 0 days.

    Hanford's median square footage for active listings during the 2025-03-01 period was 1,621 sqft. One year prior, the average listing was 1,655 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.