Heber VA Loan Rates, Closing Costs & Stats

Heber, UT

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.

Heber's 21 lenders originated 37 VA loans during 2023. The total origination value was $30,485,000, with an average VA loan value of $823,919.

Heber VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Heber averaged 6.51% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

Heber's average VA mortgage closing costs are $9,790.

The average rate for the prior week (2024-04-05) was 6.36% and one month ago for the week of 2024-03-08, the average rate was 6.19%.

The average rate one year ago was 5.88%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.95%.

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

Heber 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 Heber level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 6 5.98% $5,631
INTERCAP LENDING INC. 5 6.23% $14,139
QUICKEN LOANS, LLC 2 5.75% $13,083
FREEDOM MORTGAGE CORPORATION 2 6.00% $31,143
GUILD MORTGAGE COMPANY 2 4.38% $13,768
MY MOVE MORTGAGE, LLC 2 6.69% $11,869
CMG MORTGAGE, INC. 2 5.75% $18,540
NAVY FEDERAL CREDIT UNION 1 6.50% $31,245
Northpointe Bank 1 6.75% $7,253
Paramount Residential Mortgage Group, Inc. 1 5.75% $20,201
Plains Commerce Bank 1 6.25% $32,987
The Federal Savings Bank 1 5.13% $42,411
USAA Federal Savings Bank 1 7.13% $3,521
AMERICAN FINANCIAL NETWORK, INC. 1 5.25% $799
VAN DYK MORTGAGE CORPORATION 1 6.63% $13,635
BROKER SOLUTIONS, INC. 1 6.63% $9,907
Carrington Mortgage Services, LLC 1 2.60% $6,054
EAGLE HOME MORTGAGE, LLC 1 4.88% $0
GREENSTATE CREDIT UNION 1 6.75% $7,405
GUARANTEED RATE AFFINITY, LLC 1 7.75% $6,258
Mortgage Research Center, LLC 1 6.99% $12,734

The top Heber VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 6 VA loans originated. Their average total fees are $5,631, which is $8,508 lower than the next largest lender, INTERCAP LENDING INC..

The lowest fee Heber VA lenders (with over 10 loans originated) are .

The lowest rate Heber VA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Heber (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 $1,265,000 (12.5%) $2,067,227 (6.3%) 0.00 1,147
2018-02-01 $1,292,000 (9.8%) $2,073,586 (5.0%) 0.00 1,177
2018-03-01 $1,250,000 (5.5%) $2,031,179 (2.5%) 0.00 1,236
2018-04-01 $1,117,000 (1.6%) $1,907,535 (-2.4%) 0.00 1,244
2018-05-01 $983,750 (-1.3%) $1,822,529 (-3.9%) 0.00 1,281
2018-06-01 $995,000 (4.8%) $1,783,775 (-2.1%) 0.00 1,378
2018-07-01 $1,039,750 (8.9%) $1,791,162 (0.1%) 0.00 1,431
2018-08-01 $975,000 (2.7%) $1,720,479 (-3.1%) 0.00 1,497
2018-09-01 $969,250 (-1.9%) $1,711,937 (-6.3%) 0.00 1,508
2018-10-01 $947,500 (-5.2%) $1,702,495 (-8.9%) 0.00 1,495
2018-11-01 $1,002,750 (-8.3%) $1,764,490 (-7.8%) 0.00 1,447
2018-12-01 $1,035,000 (-8.0%) $1,802,888 (-8.4%) 0.00 1,469
2019-01-01 $1,087,500 (-14.0%) $1,843,900 (-10.8%) 0.00 1,470
2019-02-01 $1,112,500 (-13.9%) $1,856,510 (-10.5%) 0.00 1,454
2019-03-01 $1,112,143 (-11.0%) $1,841,424 (-9.3%) 0.00 1,428
2019-04-01 $1,095,000 (-2.0%) $1,816,587 (-4.8%) 0.00 1,377
2019-05-01 $1,000,000 (1.7%) $1,746,912 (-4.2%) 0.00 1,410
2019-06-01 $1,026,500 (3.2%) $1,751,994 (-1.8%) 0.00 1,507
2019-07-01 $1,096,000 (5.4%) $1,805,938 (0.8%) 0.00 1,553
2019-08-01 $1,118,182 (14.7%) $1,831,694 (6.5%) 0.00 1,500
2019-09-01 $1,107,955 (14.3%) $1,854,400 (8.3%) 0.00 1,422
2019-10-01 $1,121,111 (18.3%) $1,874,391 (10.1%) 0.00 1,350
2019-11-01 $1,195,000 (19.2%) $1,953,854 (10.7%) 0.00 1,290
2019-12-01 $1,180,000 (14.0%) $1,990,304 (10.4%) 0.00 1,267
2020-01-01 $1,247,500 (14.7%) $2,058,286 (11.6%) 0.00 1,239
2020-02-01 $1,279,000 (15.0%) $2,109,702 (13.6%) 0.00 1,222
2020-03-01 $1,155,000 (3.9%) $2,029,973 (10.2%) 0.00 1,259
2020-04-01 $950,000 (-13.2%) $1,860,235 (2.4%) 0.00 1,245
2020-05-01 $924,900 (-7.5%) $1,767,392 (1.2%) 0.00 1,336
2020-06-01 $929,950 (-9.4%) $1,780,349 (1.6%) 0.00 1,396
2020-07-01 $973,500 (-11.2%) $1,879,623 (4.1%) 0.00 1,384
2020-08-01 $973,500 (-12.9%) $1,950,092 (6.5%) 0.00 1,232
2020-09-01 $973,750 (-12.1%) $2,055,203 (10.8%) 0.00 1,053
2020-10-01 $939,000 (-16.2%) $2,069,131 (10.4%) 0.00 897
2020-11-01 $995,112 (-16.7%) $2,210,992 (13.2%) 0.00 737
2020-12-01 $1,083,375 (-8.2%) $2,288,661 (15.0%) 0.00 671
2021-01-01 $1,250,000 (0.2%) $2,468,974 (20.0%) 0.00 610
2021-02-01 $1,312,500 (2.6%) $2,648,419 (25.5%) 0.00 533
2021-03-01 $1,350,000 (16.9%) $2,769,154 (36.4%) 0.00 476
2021-04-01 $1,367,500 (44.0%) $2,765,228 (48.7%) 0.00 468
2021-05-01 $1,299,000 (40.5%) $2,595,558 (46.9%) 0.00 508
2021-06-01 $1,290,000 (38.7%) $2,610,955 (46.7%) 0.00 547
2021-07-01 $1,300,000 (33.5%) $2,676,127 (42.4%) 0.00 556
2021-08-01 $1,299,500 (33.5%) $2,504,668 (28.4%) 0.00 564
2021-09-01 $1,303,750 (33.9%) $2,568,018 (25.0%) 0.00 525
2021-10-01 $1,499,999 (59.7%) $2,744,026 (32.6%) 0.00 468
2021-11-01 $1,737,500 (74.6%) $3,003,732 (35.9%) 0.00 379
2021-12-01 $1,842,500 (70.1%) $3,091,667 (35.1%) 0.00 350
2022-01-01 $1,770,000 (41.6%) $2,960,056 (19.9%) 0.00 327
2022-02-01 $1,759,750 (34.1%) $3,012,697 (13.8%) 0.00 311
2022-03-01 $1,797,000 (33.1%) $2,986,802 (7.9%) 0.00 364
2022-04-01 $1,785,500 (30.6%) $2,823,592 (2.1%) 0.00 401
2022-05-01 $1,617,000 (24.5%) $2,677,799 (3.2%) 0.00 544
2022-06-01 $1,550,000 (20.2%) $2,636,508 (1.0%) 0.00 767
2022-07-01 $1,499,999 (15.4%) $2,582,042 (-3.5%) 0.00 1,036
2022-08-01 $1,524,725 (17.3%) $2,607,981 (4.1%) 0.00 1,081
2022-09-01 $1,500,000 (15.1%) $2,644,821 (3.0%) 0.00 1,035
2022-10-01 $1,554,101 (3.6%) $2,661,009 (-3.0%) 0.00 986
2022-11-01 $1,596,500 (-8.1%) $2,837,871 (-5.5%) 0.00 960
2022-12-01 $1,616,045 (-12.3%) $3,008,787 (-2.7%) 0.00 888
2023-01-01 $1,788,250 (1.0%) $3,080,310 (4.1%) 0.00 860
2023-02-01 $1,697,225 (-3.6%) $3,075,387 (2.1%) 0.00 864
2023-03-01 $1,695,000 (-5.7%) $2,959,959 (-0.9%) 0.00 846
2023-04-01 $1,499,250 (-16.0%) $2,743,551 (-2.8%) 0.00 894
2023-05-01 $1,495,000 (-7.5%) $2,624,727 (-2.0%) 0.00 952
2023-06-01 $1,498,500 (-3.3%) $2,666,362 (1.1%) 0.00 1,065
2023-07-01 $1,595,000 (6.3%) $2,751,164 (6.6%) 0.00 1,220
2023-08-01 $1,541,250 (1.1%) $2,670,345 (2.4%) 0.00 1,225
2023-09-01 $1,492,500 (-0.5%) $2,688,590 (1.7%) 0.00 1,186
2023-10-01 $1,462,500 (-5.9%) $2,657,503 (-0.1%) 0.00 1,141
2023-11-01 $1,495,000 (-6.4%) $2,685,222 (-5.4%) 0.00 1,134
2023-12-01 $1,499,000 (-7.2%) $2,734,503 (-9.1%) 0.00 1,087
2024-01-01 $1,500,000 (-16.1%) $2,889,214 (-6.2%) 0.00 1,076
2024-02-01 $1,564,736 (-7.8%) $2,881,512 (-6.3%) 0.00 1,044
2024-03-01 $1,495,000 (-11.8%) $2,936,094 (-0.8%) 0.00 1,020
Heber's median listing price for 2024-03-01 was $1,495,000, a difference of $-200,000 (-11.8%) versus the prior year and $-69,736 versus the prior month.

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

Heber's average listing price for 2024-03-01 was $2,936,094, a difference of $-23,865 (-0.8%) versus the prior year and $54,582 versus the prior month.

For the 2024-03-01 period, Heber had 1,020 MLS listings, a difference of -24 listings (-2%) versus the prior month and 174 listings (21%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Heber (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,807 sqft
2018-02-01 0 days 2,807 sqft
2018-03-01 0 days 2,849 sqft
2018-04-01 0 days 2,859 sqft
2018-05-01 0 days 2,961 sqft
2018-06-01 0 days 3,000 sqft
2018-07-01 0 days 3,018 sqft
2018-08-01 0 days 2,983 sqft
2018-09-01 0 days 3,025 sqft
2018-10-01 0 days 3,033 sqft
2018-11-01 0 days 3,043 sqft
2018-12-01 0 days 2,850 sqft
2019-01-01 0 days 2,801 sqft
2019-02-01 0 days 2,746 sqft
2019-03-01 0 days 2,699 sqft
2019-04-01 0 days 2,732 sqft
2019-05-01 0 days 2,726 sqft
2019-06-01 0 days 2,857 sqft
2019-07-01 0 days 2,968 sqft
2019-08-01 0 days 3,012 sqft
2019-09-01 0 days 3,030 sqft
2019-10-01 0 days 3,050 sqft
2019-11-01 0 days 3,030 sqft
2019-12-01 0 days 2,958 sqft
2020-01-01 0 days 2,969 sqft
2020-02-01 0 days 2,904 sqft
2020-03-01 0 days 2,878 sqft
2020-04-01 0 days 2,751 sqft
2020-05-01 0 days 2,722 sqft
2020-06-01 0 days 2,710 sqft
2020-07-01 0 days 2,727 sqft
2020-08-01 0 days 2,716 sqft
2020-09-01 0 days 2,711 sqft
2020-10-01 0 days 2,630 sqft
2020-11-01 0 days 2,571 sqft
2020-12-01 0 days 2,556 sqft
2021-01-01 0 days 2,498 sqft
2021-02-01 0 days 2,450 sqft
2021-03-01 0 days 2,459 sqft
2021-04-01 0 days 2,539 sqft
2021-05-01 0 days 2,565 sqft
2021-06-01 0 days 2,750 sqft
2021-07-01 0 days 2,766 sqft
2021-08-01 0 days 2,727 sqft
2021-09-01 0 days 2,909 sqft
2021-10-01 0 days 3,197 sqft
2021-11-01 0 days 3,371 sqft
2021-12-01 0 days 3,267 sqft
2022-01-01 0 days 3,107 sqft
2022-02-01 0 days 2,722 sqft
2022-03-01 0 days 2,804 sqft
2022-04-01 0 days 2,791 sqft
2022-05-01 0 days 2,759 sqft
2022-06-01 0 days 2,814 sqft
2022-07-01 0 days 2,807 sqft
2022-08-01 0 days 2,761 sqft
2022-09-01 0 days 2,781 sqft
2022-10-01 0 days 2,799 sqft
2022-11-01 0 days 2,822 sqft
2022-12-01 0 days 2,942 sqft
2023-01-01 0 days 2,918 sqft
2023-02-01 0 days 2,818 sqft
2023-03-01 0 days 2,897 sqft
2023-04-01 0 days 2,807 sqft
2023-05-01 0 days 2,804 sqft
2023-06-01 0 days 2,985 sqft
2023-07-01 0 days 3,028 sqft
2023-08-01 0 days 3,038 sqft
2023-09-01 0 days 3,005 sqft
2023-10-01 0 days 3,006 sqft
2023-11-01 0 days 3,033 sqft
2023-12-01 0 days 3,024 sqft
2024-01-01 0 days 2,976 sqft
2024-02-01 0 days 2,901 sqft
2024-03-01 0 days 2,849 sqft
Heber's median listing age (time on market) for 2024-03-01 was 0 days.

Heber's median square footage for active listings during the 2024-03-01 period was 2,849 sqft. One year prior, the average listing was 2,897 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.