Homosassa Springs VA Loan Rates, Closing Costs & Stats

HOMOSASSA SPRINGS, FL

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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.

    Homosassa Springs's 99 lenders originated 513 VA loans during 2023. The total origination value was $148,625,000, with an average VA loan value of $289,717.

    Homosassa Springs VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Homosassa Springs averaged 0.3% for the week of 2024-11-15, compared to the national average (all VA variants) of 0% for the same period.

    Homosassa Springs's average VA mortgage closing costs are $5,875.

    The average rate for the prior week (2024-11-08) was 6.51% and one month ago for the week of 2024-10-11, the average rate was 6.17%.

    The average rate one year ago was 7.46%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.35%.

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

    Homosassa Springs 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 Homosassa Springs level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 92 6.78% $7,055
    UNITED WHOLESALE MORTGAGE, LLC 43 6.34% $8,861
    QUICKEN LOANS, LLC 38 6.04% $10,571
    NAVY FEDERAL CREDIT UNION 20 5.83% $4,142
    CROSSCOUNTRY MORTGAGE, LLC 18 6.65% $7,956
    FREEDOM MORTGAGE CORPORATION 13 6.72% $12,839
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 6.69% $6,846
    LOANDEPOT.COM, LLC 10 6.37% $14,553
    NEW DAY FINANCIAL, LLC 9 7.16% $11,235
    USAA Federal Savings Bank 9 5.68% $9,719
    DHI MORTGAGE COMPANY, LTD. 9 5.43% $5,905
    PENNYMAC LOAN SERVICES, LLC 8 6.08% $11,068
    MOVEMENT MORTGAGE, LLC 8 6.42% $9,970
    UNION HOME MORTGAGE CORP. 7 7.21% $8,393
    CARDINAL FINANCIAL 6 6.92% $11,790
    Mr. Cooper ( Nationstar Mortgage ) 6 6.06% $12,166
    INSPIRE HOME LOANS INC. 6 6.08% $4,066
    HOMEBRIDGE FINANCIAL SERVICES, INC. 5 5.95% $8,740
    Equity Prime Mortgage LLC 5 7.03% $6,552
    EVERETT FINANCIAL, INC. 5 6.58% $9,134
    Regions Bank 5 6.20% $8,400
    VILLAGE CAPITAL MORTGAGE 5 6.10% $10,820
    AMERISAVE MORTGAGE CORPORATION 5 6.08% $14,744
    NEWREZ LLC 5 6.88% $9,985
    Prosperity Home Mortgage, LLC 4 6.59% $7,291
    AMERICAN FINANCIAL NETWORK, INC. 4 7.00% $11,165
    PRIMELENDING, A PLAINSCAPITAL COMPANY 4 5.94% $4,102
    GUARANTEED RATE, INC. 3 6.10% $10,914
    Truist 3 5.68% $3,571
    PENTAGON FEDERAL CREDIT UNION 3 5.29% $9,853
    CMG MORTGAGE, INC. 3 6.21% $10,104
    FBC MORTGAGE, LLC 3 5.83% $2,026
    SUCCESS MORTGAGE PARTNERS, INC. 3 6.50% $12,402
    AMERICAN FINANCIAL RESOURCES, INC. 3 6.88% $4,722
    South State Bank 3 6.46% $12,397
    Barrington Bank & Trust Company, N.A. 3 7.21% $12,338
    TOWNE MORTGAGE COMPANY 3 6.88% $18,046
    First Federal Bank 2 6.13% $15,020
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.31% $13,776
    Ameris Bank 2 5.94% $13,121
    Capital City Home Loans, LLC 2 6.19% $9,012
    FIRST MORTGAGE COMPANY, INC. 2 5.88% $14,952
    Flagstar Bank, FSB 2 6.81% $6,549
    JPMorgan Chase Bank 2 6.37% $6,120
    METROPLEX MORTGAGE SERVICES, INC. 2 7.56% $9,917
    Mid-Continent Funding, Inc. 2 6.44% $15,054
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.63% $10,394
    NFM, INC. 2 6.38% $13,342
    ROYAL UNITED MORTGAGE LLC 2 7.00% $24,036
    STOCKTON MORTGAGE CORPORATION 2 6.19% $6,596
    SUN WEST MORTGAGE COMPANY, INC. 2 6.00% $10,427
    The Federal Savings Bank 2 5.88% $14,105
    Wells Fargo Bank 2 5.75% $11,273
    LAKEVIEW LOAN SERVICING, LLC 1 5.13% $10,198
    INTELLILOAN, INC. 1 5.88% $6,572
    Nations Lending Corporation 1 6.25% $17,718
    NATIONS RELIABLE LENDING, LLC 1 6.50% $8,923
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.13% $12,602
    NBH Bank 1 6.63% $8,133
    NBKC BANK 1 6.13% $3,200
    GTE Federal Credit Union 1 6.63% $16,179
    GSF Mortgage Corporation 1 6.63% $11,617
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $13,055
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.63% $6,631
    OPEN MORTGAGE, LLC 1 6.63% $8,931
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.75% $5,631
    Paramount Residential Mortgage Group, Inc. 1 7.63% $11,611
    Goldwater Bank, N.A. 1 7.13% $28,415
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.75% $3,823
    PLANET HOME LENDING, LLC 1 5.38% $22,992
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $705
    GENEVA FINANCIAL, LLC 1 6.75% $10,312
    Gateway First Bank 1 6.00% $6,719
    First State Bank 1 7.50% $10,299
    Alcova Mortgage LLC 1 7.50% $8,990
    RELIANCE FIRST CAPITAL, LLC 1 5.50% $18,439
    VAN DYK MORTGAGE CORPORATION 1 7.63% $6,332
    Sierra Pacific Mortgage Company, Inc. 1 7.63% $5,368
    FIRST COMMUNITY MORTGAGE, INC. 1 6.50% $7,202
    SOUTHWEST STAGE FUNDING, LLC 1 6.38% $6,799
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.63% $5,295
    Strong Home Mortgage, LLC 1 6.49% $11,110
    Fifth Third Bank 1 5.88% $4,761
    V.I.P. MORTGAGE, INC. 1 6.25% $18,107
    Waterstone Mortgage Corporation 1 6.50% $13,500
    The Loan Store, Inc. 1 6.88% $11,687
    THRIVE MORTGAGE, LLC 1 6.25% $6,506
    TJC Mortgage, Inc. 1 6.50% $12,366
    CHURCHILL MORTGAGE CORPORATION 1 6.25% $5,833
    Carrington Mortgage Services, LLC 1 5.75% $7,532
    MEMBER FIRST MORTGAGE, LLC 1 6.00% $12,089
    Meridian Bank Corporation 1 5.25% $7,204
    CALIBER HOME LOANS, INC. 1 6.50% $11,784
    United Fidelity Funding Corp. 1 6.88% $18,874
    MJW Financial LLC 1 7.75% $14,885
    MORTGAGE FINANCIAL GROUP, INC. 1 6.00% $6,159
    MORTGAGEONE, INC. 1 7.00% $7,641
    Magnolia Bank 1 6.50% $18,141
    BROKER SOLUTIONS, INC. 1 6.75% $12,131

    The top Homosassa Springs VA lender as defined by loan originations is Mortgage Research Center, LLC, with 92 VA loans originated. Their average total fees are $7,055, which is $1,806 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Homosassa Springs VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($4,142), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,846), Mortgage Research Center, LLC ($7,055), CROSSCOUNTRY MORTGAGE, LLC ($7,956) and UNITED WHOLESALE MORTGAGE, LLC ($8,861).

    The lowest rate Homosassa Springs VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.83%), QUICKEN LOANS, LLC (6.04%), UNITED WHOLESALE MORTGAGE, LLC (6.34%), LOANDEPOT.COM, LLC (6.37%) and CROSSCOUNTRY MORTGAGE, LLC (6.65%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Homosassa Springs (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 $224,950 (12.9%) $278,771 (13.1%) 0.83 1,135
    2018-02-01 $229,575 (15.4%) $278,371 (12.2%) 0.83 1,177
    2018-03-01 $230,000 (15.1%) $276,441 (11.2%) 0.81 1,197
    2018-04-01 $229,225 (14.7%) $275,590 (10.4%) 0.78 1,204
    2018-05-01 $228,425 (13.1%) $273,889 (6.8%) 0.76 1,157
    2018-06-01 $225,000 (9.8%) $275,133 (6.6%) 0.75 1,107
    2018-07-01 $224,900 (12.8%) $272,808 (5.8%) 0.75 1,110
    2018-08-01 $223,125 (14.2%) $268,676 (5.0%) 0.75 1,138
    2018-09-01 $224,900 (15.3%) $274,809 (6.8%) 0.76 1,174
    2018-10-01 $224,950 (13.1%) $274,484 (4.8%) 0.76 1,243
    2018-11-01 $224,900 (9.7%) $273,758 (2.9%) 0.76 1,300
    2018-12-01 $219,900 (0.8%) $263,609 (-4.3%) 0.76 1,389
    2019-01-01 $219,900 (-2.2%) $262,622 (-5.8%) 0.76 1,403
    2019-02-01 $213,325 (-7.1%) $268,041 (-3.7%) 0.72 1,433
    2019-03-01 $216,564 (-5.8%) $273,210 (-1.2%) 0.71 1,388
    2019-04-01 $218,175 (-4.8%) $275,116 (-0.2%) 0.69 1,306
    2019-05-01 $217,450 (-4.8%) $271,755 (-0.8%) 0.68 1,234
    2019-06-01 $219,900 (-2.3%) $273,124 (-0.7%) 0.69 1,136
    2019-07-01 $214,950 (-4.4%) $265,140 (-2.8%) 0.67 1,102
    2019-08-01 $212,591 (-4.7%) $267,106 (-0.6%) 0.67 1,068
    2019-09-01 $216,477 (-3.8%) $271,486 (-1.2%) 0.69 1,063
    2019-10-01 $219,068 (-2.6%) $276,606 (0.8%) 0.71 1,059
    2019-11-01 $220,000 (-2.2%) $286,819 (4.8%) 0.72 1,062
    2019-12-01 $219,500 (-0.2%) $287,306 (9.0%) 0.73 1,068
    2020-01-01 $220,000 (0.1%) $288,169 (9.7%) 0.74 1,050
    2020-02-01 $219,950 (3.1%) $284,953 (6.3%) 0.72 1,053
    2020-03-01 $224,900 (3.9%) $293,805 (7.5%) 0.71 993
    2020-04-01 $219,900 (0.8%) $289,291 (5.2%) 0.69 925
    2020-05-01 $224,900 (3.4%) $298,424 (9.8%) 0.68 824
    2020-06-01 $221,013 (0.5%) $295,795 (8.3%) 0.65 698
    2020-07-01 $230,925 (7.4%) $312,487 (17.9%) 0.67 601
    2020-08-01 $229,900 (8.1%) $309,860 (16.0%) 0.66 534
    2020-09-01 $230,975 (6.7%) $320,811 (18.2%) 0.66 492
    2020-10-01 $235,250 (7.4%) $314,721 (13.8%) 0.67 564
    2020-11-01 $234,950 (6.8%) $311,424 (8.6%) 0.69 585
    2020-12-01 $238,750 (8.8%) $329,546 (14.7%) 0.71 572
    2021-01-01 $239,900 (9.1%) $335,770 (16.5%) 0.72 465
    2021-02-01 $248,900 (13.2%) $377,274 (32.4%) 0.72 393
    2021-03-01 $249,475 (10.9%) $390,486 (32.9%) 0.71 297
    2021-04-01 $251,100 (14.2%) $377,127 (30.4%) 0.68 286
    2021-05-01 $249,900 (11.1%) $398,408 (33.5%) 0.66 268
    2021-06-01 $264,250 (19.6%) $401,526 (35.7%) 0.70 296
    2021-07-01 $275,000 (19.1%) $408,716 (30.8%) 0.73 331
    2021-08-01 $274,700 (19.5%) $411,121 (32.7%) 0.73 381
    2021-09-01 $267,350 (15.8%) $408,761 (27.4%) 0.71 391
    2021-10-01 $278,375 (18.3%) $418,069 (32.8%) 0.74 418
    2021-11-01 $296,773 (26.3%) $436,646 (40.2%) 0.79 413
    2021-12-01 $299,950 (25.6%) $445,120 (35.1%) 0.81 414
    2022-01-01 $309,450 (29.0%) $462,183 (37.7%) 0.84 353
    2022-02-01 $309,975 (24.5%) $467,543 (23.9%) 0.81 321
    2022-03-01 $313,500 (25.7%) $462,616 (18.5%) 0.78 294
    2022-04-01 $317,350 (26.4%) $433,865 (15.0%) 0.76 317
    2022-05-01 $313,750 (25.6%) $424,159 (6.5%) 0.72 403
    2022-06-01 $339,125 (28.3%) $456,400 (13.7%) 0.76 491
    2022-07-01 $335,000 (21.8%) $435,160 (6.5%) 0.75 617
    2022-08-01 $329,250 (19.9%) $408,647 (-0.6%) 0.76 658
    2022-09-01 $319,450 (19.5%) $399,460 (-2.3%) 0.75 687
    2022-10-01 $329,950 (18.5%) $409,196 (-2.1%) 0.78 741
    2022-11-01 $327,250 (10.3%) $400,127 (-8.4%) 0.79 887
    2022-12-01 $319,925 (6.7%) $390,272 (-12.3%) 0.79 938
    2023-01-01 $321,313 (3.8%) $389,814 (-15.7%) 0.80 897
    2023-02-01 $329,988 (6.5%) $400,165 (-14.4%) 0.80 861
    2023-03-01 $332,475 (6.1%) $399,914 (-13.6%) 0.78 864
    2023-04-01 $325,000 (2.4%) $395,965 (-8.7%) 0.76 832
    2023-05-01 $324,950 (3.6%) $400,316 (-5.6%) 0.74 813
    2023-06-01 $327,450 (-3.4%) $414,711 (-9.1%) 0.74 800
    2023-07-01 $329,950 (-1.5%) $409,625 (-5.9%) 0.75 800
    2023-08-01 $340,731 (3.5%) $414,244 (1.4%) 0.78 823
    2023-09-01 $340,000 (6.4%) $414,749 (3.8%) 0.79 829
    2023-10-01 $345,425 (4.7%) $415,283 (1.5%) 0.81 900
    2023-11-01 $339,900 (3.9%) $409,366 (2.3%) 0.81 1,048
    2023-12-01 $339,000 (6.0%) $409,102 (4.8%) 0.83 1,109
    2024-01-01 $329,900 (2.7%) $400,867 (2.8%) 0.81 1,111
    2024-02-01 $330,075 (0.0%) $403,422 (0.8%) 0.79 1,170
    2024-03-01 $329,900 (-0.8%) $419,281 (4.8%) 0.78 1,237
    2024-04-01 $332,450 (2.3%) $406,349 (2.6%) 0.77 1,242
    2024-05-01 $335,000 (3.1%) $409,908 (2.4%) 0.76 1,242
    2024-06-01 $325,000 (-0.8%) $415,097 (0.1%) 0.73 1,321
    2024-07-01 $325,000 (-1.5%) $416,953 (1.8%) 0.74 1,339
    2024-08-01 $325,000 (-4.6%) $417,169 (0.7%) 0.76 1,405
    2024-09-01 $329,900 (-3.0%) $414,754 (0.0%) 0.78 1,376
    2024-10-01 $324,900 (-5.9%) $402,810 (-3.0%) 0.76 1,336
    Homosassa Springs's median listing price for 2024-10-01 was $324,900, a difference of $-20,525 (-5.9%) versus the prior year and $-5,000 versus the prior month.

    Homosassa Springs's median listing price comes in at 76% of the national average.

    Homosassa Springs's average listing price for 2024-10-01 was $402,810, a difference of $-12,473 (-3.0%) versus the prior year and $-11,944 versus the prior month.

    For the 2024-10-01 period, Homosassa Springs had 1,336 MLS listings, a difference of -40 listings (-3%) versus the prior month and 436 listings (48%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Homosassa Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 75 days 1,869 sqft
    2018-02-01 75 days 1,875 sqft
    2018-03-01 66 days 1,884 sqft
    2018-04-01 66 days 1,857 sqft
    2018-05-01 68 days 1,848 sqft
    2018-06-01 68 days 1,846 sqft
    2018-07-01 72 days 1,831 sqft
    2018-08-01 73 days 1,831 sqft
    2018-09-01 74 days 1,830 sqft
    2018-10-01 70 days 1,838 sqft
    2018-11-01 69 days 1,841 sqft
    2018-12-01 72 days 1,815 sqft
    2019-01-01 79 days 1,822 sqft
    2019-02-01 76 days 1,814 sqft
    2019-03-01 74 days 1,808 sqft
    2019-04-01 74 days 1,802 sqft
    2019-05-01 75 days 1,795 sqft
    2019-06-01 79 days 1,808 sqft
    2019-07-01 79 days 1,789 sqft
    2019-08-01 77 days 1,772 sqft
    2019-09-01 74 days 1,773 sqft
    2019-10-01 72 days 1,773 sqft
    2019-11-01 68 days 1,817 sqft
    2019-12-01 72 days 1,812 sqft
    2020-01-01 75 days 1,816 sqft
    2020-02-01 75 days 1,820 sqft
    2020-03-01 70 days 1,829 sqft
    2020-04-01 77 days 1,820 sqft
    2020-05-01 89 days 1,820 sqft
    2020-06-01 90 days 1,812 sqft
    2020-07-01 66 days 1,823 sqft
    2020-08-01 65 days 1,777 sqft
    2020-09-01 61 days 1,746 sqft
    2020-10-01 49 days 1,762 sqft
    2020-11-01 50 days 1,727 sqft
    2020-12-01 53 days 1,734 sqft
    2021-01-01 61 days 1,726 sqft
    2021-02-01 49 days 1,734 sqft
    2021-03-01 42 days 1,709 sqft
    2021-04-01 46 days 1,690 sqft
    2021-05-01 40 days 1,656 sqft
    2021-06-01 34 days 1,670 sqft
    2021-07-01 37 days 1,706 sqft
    2021-08-01 37 days 1,705 sqft
    2021-09-01 41 days 1,706 sqft
    2021-10-01 50 days 1,673 sqft
    2021-11-01 46 days 1,762 sqft
    2021-12-01 47 days 1,732 sqft
    2022-01-01 47 days 1,725 sqft
    2022-02-01 37 days 1,713 sqft
    2022-03-01 36 days 1,698 sqft
    2022-04-01 32 days 1,681 sqft
    2022-05-01 30 days 1,679 sqft
    2022-06-01 30 days 1,743 sqft
    2022-07-01 35 days 1,739 sqft
    2022-08-01 44 days 1,715 sqft
    2022-09-01 48 days 1,705 sqft
    2022-10-01 52 days 1,726 sqft
    2022-11-01 50 days 1,719 sqft
    2022-12-01 60 days 1,690 sqft
    2023-01-01 72 days 1,700 sqft
    2023-02-01 70 days 1,712 sqft
    2023-03-01 55 days 1,714 sqft
    2023-04-01 54 days 1,690 sqft
    2023-05-01 54 days 1,693 sqft
    2023-06-01 52 days 1,722 sqft
    2023-07-01 56 days 1,720 sqft
    2023-08-01 57 days 1,732 sqft
    2023-09-01 58 days 1,726 sqft
    2023-10-01 58 days 1,740 sqft
    2023-11-01 53 days 1,707 sqft
    2023-12-01 60 days 1,701 sqft
    2024-01-01 70 days 1,698 sqft
    2024-02-01 63 days 1,705 sqft
    2024-03-01 57 days 1,692 sqft
    2024-04-01 64 days 1,692 sqft
    2024-05-01 64 days 1,688 sqft
    2024-06-01 61 days 1,672 sqft
    2024-07-01 66 days 1,672 sqft
    2024-08-01 72 days 1,676 sqft
    2024-09-01 73 days 1,676 sqft
    2024-10-01 79 days 1,656 sqft
    Homosassa Springs's median listing age (time on market) for 2024-10-01 was 79 days. This is 36% longer than the same period one year ago.

    Homosassa Springs's median square footage for active listings during the 2024-10-01 period was 1,656 sqft. One year prior, the average listing was 1,740 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.