Lake Havasu City VA Loan Rates, Closing Costs & Stats

LAKE HAVASU CITY-KINGMAN, AZ

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.

Lake Havasu City's 113 lenders originated 914 VA loans during 2022. The total origination value was $261,920,000, with an average VA loan value of $286,565.

Lake Havasu City VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Lake Havasu City averaged 6.23% for the week of 2024-02-16, compared to the national average (all VA variants) of 6.462% for the same period.

Lake Havasu City's average VA mortgage closing costs are $5,880.

The average rate for the prior week (2024-02-09) was 6.29% and one month ago for the week of 2024-01-12, the average rate was 5.85%.

The average rate one year ago was 5.72%.

For refis of the same type during the week of 2024-02-16, the average rate was 5.09%.

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

Lake Havasu City 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 Lake Havasu City level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 90 4.55% $9,277
Mortgage Research Center, LLC 82 4.84% $7,520
QUICKEN LOANS, LLC 67 4.03% $11,110
NEW DAY FINANCIAL, LLC 37 4.87% $11,055
FREEDOM MORTGAGE CORPORATION 36 4.13% $13,755
BROKER SOLUTIONS, INC. 35 4.82% $9,648
LOANDEPOT.COM, LLC 29 4.20% $15,508
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 28 4.62% $7,730
PENNYMAC LOAN SERVICES, LLC 26 3.15% $9,029
ACADEMY MORTGAGE CORPORATION 25 4.83% $10,609
NAVY FEDERAL CREDIT UNION 24 3.77% $6,304
SUN AMERICAN MORTGAGE COMPANY 21 5.03% $10,300
Amerifirst Financial, Inc. 18 5.58% $9,295
HOME POINT FINANCIAL CORPORATION 17 3.89% $6,674
VILLAGE CAPITAL MORTGAGE 15 3.53% $8,372
AXIA FINANCIAL, LLC 14 4.38% $9,786
Hometown Lenders, Inc. 13 4.25% $8,719
NOVA FINANCIAL & INVESTMENT CORPORATION 13 5.51% $4,785
CLEARPATH LENDING 12 3.56% $16,503
PLANET HOME LENDING, LLC 10 4.02% $10,191
AMERISAVE MORTGAGE CORPORATION 10 4.33% $14,029
Barrington Bank & Trust Company, N.A. 10 4.79% $7,698
Paramount Residential Mortgage Group, Inc. 9 4.33% $7,816
Mr. Cooper ( Nationstar Mortgage ) 9 4.07% $9,069
The Federal Savings Bank 8 4.88% $13,765
Wells Fargo Bank 8 4.41% $6,888
LAKEVIEW LOAN SERVICING, LLC 7 3.13% $6,365
Equity Prime Mortgage LLC 7 6.11% $10,579
NFM, INC. 7 4.95% $4,626
INSPIRE HOME LOANS INC. 7 4.73% $7,589
ON Q FINANCIAL, INC. 6 5.90% $11,458
CALIBER HOME LOANS, INC. 6 4.91% $11,360
SECURITYNATIONAL MORTGAGE COMPANY 6 4.48% $13,114
USAA Federal Savings Bank 6 4.77% $6,312
NEWREZ LLC 6 4.08% $8,083
GUILD MORTGAGE COMPANY 6 5.60% $14,599
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 6.15% $14,244
LOANPAL, LLC 5 3.83% $15,156
Low VA Rates, LLC 5 4.43% $12,588
Flagstar Bank, FSB 5 4.33% $12,737
CROSSCOUNTRY MORTGAGE, LLC 5 4.20% $8,090
PRIMARY RESIDENTIAL MORTGAGE, INC. 5 4.98% $10,164
AMERICAN FINANCIAL RESOURCES, INC. 4 4.88% $6,016
CARDINAL FINANCIAL 4 5.15% $10,081
Nations Lending Corporation 4 6.50% $6,091
FBC MORTGAGE, LLC 4 4.59% $12,343
JPMorgan Chase Bank 4 5.69% $6,971
HOMEOWNERS FINANCIAL GROUP USA, LLC 3 5.13% $10,564
GUARANTEED RATE, INC. 3 4.18% $6,274
RESIDENTIAL BANCORP 3 3.79% $5,294
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 3.25% $10,071
NATIONS DIRECT MORTGAGE, LLC 3 5.00% $6,462
Carrington Mortgage Services, LLC 3 5.08% $5,647
PENTAGON FEDERAL CREDIT UNION 3 2.58% $7,635
MOUNTAIN WEST FINANCIAL, INC. 3 3.88% $18,726
GUARANTEED RATE AFFINITY, LLC 2 3.31% $2,494
AMERICAN FINANCING CORPORATION 2 3.06% $3,052
AMERICAN PACIFIC MORTGAGE CORPORATION 2 3.75% $20,372
BECKAM FUNDING CORP. 2 4.00% $7,667
CMG MORTGAGE, INC. 2 3.25% $10,633
FINANCE OF AMERICA MORTGAGE LLC 2 4.18% $12,251
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 5.13% $10,102
HOMESIDE FINANCIAL, LLC 2 3.50% $7,089
Lakeview Community Capital, LLC 2 3.63% $2,560
LHM FINANCIAL CORPORATION 2 5.31% $6,006
Magnolia Bank 2 3.88% $13,372
MOVEMENT MORTGAGE, LLC 2 5.75% $15,872
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.31% $14,636
North American Savings Bank, F.S.B. 2 4.13% $1,821
RESIDENTIAL MORTGAGE, LLC 2 3.13% $10,212
Sierra Pacific Mortgage Company, Inc. 2 4.81% $8,413
SUN WEST MORTGAGE COMPANY, INC. 2 3.81% $12,512
UNION HOME MORTGAGE CORP. 2 4.50% $2,214
VAN DYK MORTGAGE CORPORATION 2 5.94% $3,347
NETWORK CAPITAL FUNDING CORPORATION 1 3.38% $6,286
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.50% $5,742
GSF Mortgage Corporation 1 5.63% $5,298
Goldwater Bank, N.A. 1 4.75% $8,282
AMERICA FIRST 1 5.13% $9,619
Glacier Bank 1 5.25% $5,428
Gateway First Bank 1 3.13% $45,284
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.75% $7,633
FIRST NATIONS HOME FINANCE CORPORATION 1 4.13% $8,007
First Guaranty Mortgage Corporation 1 4.25% $7,604
First Federal Bank 1 4.38% $8,422
Plains Commerce Bank 1 5.63% $9,231
Community First National Bank 1 6.25% $16,960
Commerce Home Mortgage, Inc. 1 5.25% $12,975
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.25% $1,365
Century Mortgage Company DBA Century Lending Company 1 4.75% $0
RELIANCE FIRST CAPITAL, LLC 1 5.63% $2,883
Capital Bank 1 4.50% $2,175
V.I.P. MORTGAGE, INC. 1 4.25% $18,155
CALCON MUTUAL MORTGAGE LLC 1 5.13% $11,387
Wallick & Volk, Inc. 1 6.50% $7,682
SOVEREIGN LENDING GROUP INCORPORATED 1 3.25% $6,071
Strong Home Mortgage, LLC 1 2.75% $1,735
BNC National Bank 1 3.25% $4,199
Sunflower Bank 1 4.25% $21,339
AMCAP MORTGAGE, LTD. 1 3.75% $14,456
BAY EQUITY LLC 1 5.50% $10,115
TOP FLITE FINANCIAL, INC. 1 4.25% $13,033
TruHome Solutions, LLC 1 3.50% $12,809
ZILLOW HOME LOANS, LLC 1 6.63% $9,764
Austin Capital Bank SSB 1 5.75% $2,049
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.25% $16,153
Lend Smart Mortgage, LLC 1 4.75% $9,151
Zions Bank 1 6.75% $2,580
LEADERONE FINANCIAL CORPORATION 1 5.13% $20,320
LADERA LENDING, INC. 1 2.75% $8,509
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 4.63% $20,069
NBKC BANK 1 3.63% $8,741
Neighborhood Loans, Inc. 1 3.38% $16,607

The top Lake Havasu City VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 90 VA loans originated. Their average total fees are $9,277, which is $1,758 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Lake Havasu City VA lenders (with over 10 loans originated) are NOVA FINANCIAL & INVESTMENT CORPORATION ($4,785), NAVY FEDERAL CREDIT UNION ($6,304), HOME POINT FINANCIAL CORPORATION ($6,674), Mortgage Research Center, LLC ($7,520) and Barrington Bank & Trust Company, N.A. ($7,698).

The lowest rate Lake Havasu City VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.15%), VILLAGE CAPITAL MORTGAGE (3.53%), CLEARPATH LENDING (3.56%), NAVY FEDERAL CREDIT UNION (3.77%) and HOME POINT FINANCIAL CORPORATION (3.89%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Lake Havasu City (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 $249,900 (3.5%) $319,301 (8.4%) 0.93 1,242
2018-02-01 $255,425 (3.6%) $326,013 (8.8%) 0.93 1,345
2018-03-01 $259,900 (5.2%) $327,712 (7.5%) 0.91 1,210
2018-04-01 $263,900 (6.5%) $333,048 (7.8%) 0.89 1,198
2018-05-01 $275,000 (10.0%) $337,480 (8.1%) 0.92 1,114
2018-06-01 $284,900 (10.0%) $341,023 (8.5%) 0.95 1,046
2018-07-01 $289,975 (12.0%) $348,570 (10.7%) 0.97 1,012
2018-08-01 $279,950 (10.0%) $340,334 (9.2%) 0.94 1,010
2018-09-01 $283,450 (13.4%) $346,918 (11.6%) 0.95 1,064
2018-10-01 $283,200 (11.2%) $345,157 (9.3%) 0.96 1,141
2018-11-01 $283,950 (11.4%) $347,492 (9.1%) 0.96 1,228
2018-12-01 $279,000 (9.5%) $343,805 (8.2%) 0.96 1,217
2019-01-01 $280,575 (12.3%) $348,930 (9.3%) 0.97 1,218
2019-02-01 $289,250 (13.2%) $358,558 (10.0%) 0.98 1,285
2019-03-01 $293,571 (13.0%) $363,074 (10.8%) 0.96 1,285
2019-04-01 $298,321 (13.0%) $369,600 (11.0%) 0.95 1,262
2019-05-01 $299,450 (8.9%) $368,932 (9.3%) 0.94 1,248
2019-06-01 $300,500 (5.5%) $375,998 (10.3%) 0.94 1,184
2019-07-01 $304,750 (5.1%) $374,632 (7.5%) 0.95 1,157
2019-08-01 $305,791 (9.2%) $377,153 (10.8%) 0.97 1,163
2019-09-01 $313,727 (10.7%) $384,091 (10.7%) 1.00 1,148
2019-10-01 $321,310 (13.5%) $388,716 (12.6%) 1.04 1,138
2019-11-01 $319,900 (12.7%) $382,869 (10.2%) 1.05 1,114
2019-12-01 $322,200 (15.5%) $387,554 (12.7%) 1.07 1,085
2020-01-01 $324,950 (15.8%) $391,840 (12.3%) 1.09 1,091
2020-02-01 $325,000 (12.4%) $391,727 (9.3%) 1.06 1,021
2020-03-01 $324,950 (10.7%) $391,943 (8.0%) 1.02 996
2020-04-01 $311,950 (4.6%) $378,462 (2.4%) 0.98 1,075
2020-05-01 $305,000 (1.9%) $377,263 (2.3%) 0.93 1,012
2020-06-01 $299,900 (-0.2%) $383,843 (2.1%) 0.88 810
2020-07-01 $322,400 (5.8%) $393,680 (5.1%) 0.93 674
2020-08-01 $325,000 (6.3%) $401,617 (6.5%) 0.93 636
2020-09-01 $333,750 (6.4%) $418,161 (8.9%) 0.96 593
2020-10-01 $344,900 (7.3%) $427,707 (10.0%) 0.99 597
2020-11-01 $343,650 (7.4%) $429,091 (12.1%) 1.00 607
2020-12-01 $342,225 (6.2%) $428,867 (10.7%) 1.02 531
2021-01-01 $334,500 (2.9%) $437,781 (11.7%) 1.00 484
2021-02-01 $342,400 (5.4%) $450,550 (15.0%) 1.00 401
2021-03-01 $349,950 (7.7%) $451,091 (15.1%) 0.99 363
2021-04-01 $369,200 (18.4%) $480,715 (27.0%) 1.00 386
2021-05-01 $398,000 (30.5%) $497,608 (31.9%) 1.06 374
2021-06-01 $412,450 (37.5%) $523,777 (36.5%) 1.09 404
2021-07-01 $402,500 (24.8%) $508,619 (29.2%) 1.06 490
2021-08-01 $399,950 (23.1%) $495,614 (23.4%) 1.07 544
2021-09-01 $399,000 (19.6%) $490,209 (17.2%) 1.06 613
2021-10-01 $409,950 (18.9%) $490,393 (14.7%) 1.09 668
2021-11-01 $399,750 (16.3%) $483,933 (12.8%) 1.07 657
2021-12-01 $395,950 (15.7%) $472,933 (10.3%) 1.07 574
2022-01-01 $425,450 (27.2%) $508,148 (16.1%) 1.15 510
2022-02-01 $433,450 (26.6%) $503,147 (11.7%) 1.13 424
2022-03-01 $444,700 (27.1%) $509,454 (12.9%) 1.11 428
2022-04-01 $450,000 (21.9%) $541,733 (12.7%) 1.07 492
2022-05-01 $442,450 (11.2%) $542,256 (9.0%) 1.01 707
2022-06-01 $427,000 (3.5%) $531,902 (1.6%) 0.95 887
2022-07-01 $425,000 (5.6%) $522,095 (2.7%) 0.96 1,133
2022-08-01 $424,900 (6.2%) $514,001 (3.7%) 0.98 1,251
2022-09-01 $419,450 (5.1%) $498,285 (1.7%) 0.98 1,274
2022-10-01 $419,900 (2.4%) $493,599 (0.7%) 0.99 1,295
2022-11-01 $412,450 (3.2%) $486,873 (0.6%) 0.99 1,343
2022-12-01 $405,000 (2.3%) $477,606 (1.0%) 1.00 1,255
2023-01-01 $404,353 (-5.0%) $485,315 (-4.5%) 1.00 1,157
2023-02-01 $404,626 (-6.7%) $486,009 (-3.4%) 0.98 1,081
2023-03-01 $405,000 (-8.9%) $492,445 (-3.3%) 0.96 1,018
2023-04-01 $416,000 (-7.6%) $515,899 (-4.8%) 0.97 964
2023-05-01 $424,925 (-4.0%) $540,535 (-0.3%) 0.96 908
2023-06-01 $417,541 (-2.2%) $529,523 (-0.5%) 0.94 883
2023-07-01 $420,000 (-1.2%) $529,842 (1.5%) 0.95 867
2023-08-01 $423,110 (-0.4%) $518,203 (0.8%) 0.97 866
2023-09-01 $419,900 (0.1%) $536,615 (7.7%) 0.98 937
2023-10-01 $419,900 (0.0%) $544,408 (10.3%) 0.99 1,022
2023-11-01 $417,450 (1.2%) $548,029 (12.6%) 0.99 1,100
2023-12-01 $419,000 (3.5%) $540,845 (13.2%) 1.02 1,059
Lake Havasu City's median listing price for 2023-12-01 was $419,000, a difference of $14,000 (3.5%) versus the prior year and $1,550 versus the prior month.

Lake Havasu City's median listing price comes in at 102% of the national average.

Lake Havasu City's average listing price for 2023-12-01 was $540,845, a difference of $63,239 (13.2%) versus the prior year and $-7,184 versus the prior month.

For the 2023-12-01 period, Lake Havasu City had 1,059 MLS listings, a difference of -41 listings (-4%) versus the prior month and -196 listings (-16%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Lake Havasu City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 78 days 1,714 sqft
2018-02-01 75 days 1,711 sqft
2018-03-01 66 days 1,713 sqft
2018-04-01 70 days 1,720 sqft
2018-05-01 62 days 1,728 sqft
2018-06-01 67 days 1,761 sqft
2018-07-01 81 days 1,772 sqft
2018-08-01 62 days 1,747 sqft
2018-09-01 56 days 1,754 sqft
2018-10-01 57 days 1,755 sqft
2018-11-01 58 days 1,746 sqft
2018-12-01 65 days 1,724 sqft
2019-01-01 74 days 1,732 sqft
2019-02-01 72 days 1,737 sqft
2019-03-01 64 days 1,747 sqft
2019-04-01 62 days 1,758 sqft
2019-05-01 61 days 1,746 sqft
2019-06-01 66 days 1,774 sqft
2019-07-01 72 days 1,786 sqft
2019-08-01 72 days 1,797 sqft
2019-09-01 71 days 1,804 sqft
2019-10-01 71 days 1,808 sqft
2019-11-01 70 days 1,789 sqft
2019-12-01 79 days 1,780 sqft
2020-01-01 79 days 1,797 sqft
2020-02-01 79 days 1,804 sqft
2020-03-01 65 days 1,783 sqft
2020-04-01 61 days 1,728 sqft
2020-05-01 68 days 1,720 sqft
2020-06-01 77 days 1,716 sqft
2020-07-01 63 days 1,731 sqft
2020-08-01 60 days 1,721 sqft
2020-09-01 58 days 1,720 sqft
2020-10-01 49 days 1,724 sqft
2020-11-01 49 days 1,710 sqft
2020-12-01 51 days 1,743 sqft
2021-01-01 55 days 1,709 sqft
2021-02-01 45 days 1,700 sqft
2021-03-01 37 days 1,741 sqft
2021-04-01 31 days 1,758 sqft
2021-05-01 35 days 1,743 sqft
2021-06-01 34 days 1,738 sqft
2021-07-01 35 days 1,722 sqft
2021-08-01 34 days 1,701 sqft
2021-09-01 35 days 1,713 sqft
2021-10-01 41 days 1,720 sqft
2021-11-01 44 days 1,719 sqft
2021-12-01 53 days 1,715 sqft
2022-01-01 63 days 1,737 sqft
2022-02-01 50 days 1,725 sqft
2022-03-01 39 days 1,739 sqft
2022-04-01 36 days 1,741 sqft
2022-05-01 31 days 1,706 sqft
2022-06-01 35 days 1,643 sqft
2022-07-01 45 days 1,630 sqft
2022-08-01 50 days 1,641 sqft
2022-09-01 60 days 1,642 sqft
2022-10-01 71 days 1,644 sqft
2022-11-01 74 days 1,639 sqft
2022-12-01 84 days 1,633 sqft
2023-01-01 89 days 1,655 sqft
2023-02-01 86 days 1,653 sqft
2023-03-01 69 days 1,657 sqft
2023-04-01 66 days 1,696 sqft
2023-05-01 66 days 1,765 sqft
2023-06-01 58 days 1,721 sqft
2023-07-01 58 days 1,726 sqft
2023-08-01 60 days 1,745 sqft
2023-09-01 56 days 1,717 sqft
2023-10-01 54 days 1,710 sqft
2023-11-01 57 days 1,695 sqft
2023-12-01 71 days 1,683 sqft
Lake Havasu City's median listing age (time on market) for 2023-12-01 was 71 days. This is -15% shorter than the same period one year ago.

Lake Havasu City's median square footage for active listings during the 2023-12-01 period was 1,683 sqft. One year prior, the average listing was 1,633 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.