Heber VA Loan Rates, Closing Costs & Stats

Heber, UT

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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.

    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 6.99% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.62% and one month ago for the week of 2024-03-15, the average rate was 6.68%.

    The average rate one year ago was 6.17%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.14%.

    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.