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 130 lenders originated 2,070 VA loans during 2021. The total origination value was $517,760,000, with an average VA loan value of $250,126.

Lake Havasu City VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Lake Havasu City averaged 6.58% for the week of 2022-12-02, compared to the national average (all VA variants) of 6.292% for the same period.

Lake Havasu City's average VA mortgage closing costs are $5,345.

The average rate for the prior week (2022-11-25) was 6.82% and one month ago for the week of 2022-10-28, the average rate was 7.01%.

The average rate one year ago was 3.79%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.28%.

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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
FREEDOM MORTGAGE CORPORATION 181 2.46% $3,021
QUICKEN LOANS, LLC 169 2.43% $5,192
Mortgage Research Center, LLC 141 2.81% $5,996
UNITED WHOLESALE MORTGAGE, LLC 110 2.55% $6,471
NEW DAY FINANCIAL, LLC 87 2.75% $7,555
BROKER SOLUTIONS, INC. 82 3.02% $7,245
PENNYMAC LOAN SERVICES, LLC 80 2.48% $5,121
LOANDEPOT.COM, LLC 70 2.60% $6,339
CLEARPATH LENDING 54 2.37% $4,431
Wells Fargo Bank 46 2.69% $3,273
Hometown Lenders, Inc. 45 3.27% $8,246
AMERICAN FINANCIAL NETWORK, INC. 43 2.72% $9,355
VILLAGE CAPITAL MORTGAGE 42 2.35% $2,999
SUN AMERICAN MORTGAGE COMPANY 41 3.01% $6,341
CALIBER HOME LOANS, INC. 38 2.41% $3,596
NAVY FEDERAL CREDIT UNION 32 2.55% $5,256
LAKEVIEW LOAN SERVICING, LLC 29 2.53% $2,718
HOME POINT FINANCIAL CORPORATION 29 2.59% $6,535
Low VA Rates, LLC 26 2.41% $4,851
USAA Federal Savings Bank 25 2.89% $5,808
NOVA FINANCIAL & INVESTMENT CORPORATION 24 3.33% $4,907
Flagstar Bank, FSB 23 2.71% $6,226
CROSSCOUNTRY MORTGAGE, LLC 22 3.11% $7,868
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 21 3.06% $6,444
Barrington Bank & Trust Company, N.A. 20 2.79% $4,075
Mr. Cooper ( Nationstar Mortgage ) 18 2.95% $2,974
STEARNS LENDING, LLC 17 2.85% $6,240
ACADEMY MORTGAGE CORPORATION 17 2.99% $9,450
The Federal Savings Bank 16 2.50% $8,257
AXIA FINANCIAL, LLC 16 2.91% $5,768
PLANET HOME LENDING, LLC 15 2.56% $3,272
Carrington Mortgage Services, LLC 14 3.23% $3,381
SECURITYNATIONAL MORTGAGE COMPANY 14 3.10% $9,335
NEWREZ LLC 14 2.82% $3,500
AMERISAVE MORTGAGE CORPORATION 12 2.48% $8,131
UNION HOME MORTGAGE CORP. 11 2.51% $3,746
SUN WEST MORTGAGE COMPANY, INC. 11 2.37% $3,776
ON Q FINANCIAL, INC. 9 3.60% $8,234
FINANCE OF AMERICA MORTGAGE LLC 9 2.92% $5,579
InterContinental Capital Group, Inc 9 2.46% $5,398
HOMEBRIDGE FINANCIAL SERVICES, INC. 9 2.50% $3,846
Paramount Residential Mortgage Group, Inc. 7 2.73% $4,884
GUARANTEED RATE, INC. 7 2.54% $6,183
GUILD MORTGAGE COMPANY 7 2.82% $7,348
FBC MORTGAGE, LLC 6 2.89% $9,178
LOANPAL, LLC 6 2.42% $7,774
AMERICAN FINANCIAL RESOURCES, INC. 6 3.29% $5,324
First Guaranty Mortgage Corporation 6 2.63% $4,336
Magnolia Bank 6 2.83% $8,107
AMERICAN FINANCING CORPORATION 5 2.63% $5,058
PRIMARY RESIDENTIAL MORTGAGE, INC. 5 3.23% $5,244
SOVEREIGN LENDING GROUP INCORPORATED 5 2.85% $8,505
Glacier Bank 5 3.23% $7,385
ACCELERATE MORTGAGE, LLC 5 2.25% $4,202
Commerce Home Mortgage, Inc. 5 2.55% $5,120
MUTUAL OF OMAHA MORTGAGE, INC. 4 2.53% $4,314
SOUTHWEST STAGE FUNDING, LLC 4 3.19% $2,449
BECKAM FUNDING CORP. 4 3.84% $7,426
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 2.66% $8,750
AMERICAN PACIFIC MORTGAGE CORPORATION 4 3.06% $4,556
CELEBRITY HOME LOANS, LLC 4 3.16% $5,478
INSPIRE HOME LOANS INC. 4 3.13% $8,156
Mid-Continent Funding, Inc. 4 2.66% $3,566
ROUNDPOINT MORTGAGE SERVICING CORPORATION 3 3.33% $1,624
First Federal Bank 3 3.42% $4,901
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 2.67% $3,099
AMCAP MORTGAGE, LTD. 3 3.33% $6,999
NP, Inc. 3 2.29% $4,186
North American Savings Bank, F.S.B. 3 2.42% $1,365
SUMMIT FUNDING, INC. 3 3.12% $9,761
CMG MORTGAGE, INC. 3 2.92% $6,975
HOMESIDE FINANCIAL, LLC 3 2.29% $3,951
MOVEMENT MORTGAGE, LLC 3 2.79% $6,082
NBKC BANK 3 2.54% $8,259
Amerifirst Financial, Inc. 3 2.83% $11,993
Gateway First Bank 2 2.94% $5,181
Equity Prime Mortgage LLC 2 2.88% $15,691
PREMIER LENDING, INC. 2 3.31% $9,284
LHM FINANCIAL CORPORATION 2 3.56% $4,225
PENTAGON FEDERAL CREDIT UNION 2 2.25% $1,016
OCMBC, INC. 2 3.00% $7,728
NFM, INC. 2 3.00% $8,000
MOUNTAIN WEST FINANCIAL, INC. 2 2.50% $12,332
Waterstone Mortgage Corporation 2 2.81% $5,246
Willamette Valley Bank 1 2.63% $4,078
ALL WESTERN MORTGAGE, INC. 1 3.25% $3,832
AmeriHome Mortgage Company, LLC 1 2.88% $1,622
Armed Forces Bank 1 2.50% $4,760
Bank of the West 1 3.25% $6,684
BAY EQUITY LLC 1 2.99% $8,300
BAYSHORE MORTGAGE FUNDING, LLC 1 2.25% $2,331
BELEM SERVICING LLC 1 2.50% $18,393
BNC National Bank 1 2.63% $2,435
Century Mortgage Company DBA Century Lending Company 1 2.38% $5,915
Citizens Bank 1 2.75% $6,322
COMPASS MORTGAGE, INC. 1 2.75% $3,616
DAS Acquisition Company, LLC 1 3.50% $1,895
DATA MORTGAGE, INC. 1 2.88% $5,460
ENVOY MORTGAGE, LTD 1 2.75% $13,175
First Home Bank 1 2.25% $2,104
First Option Mortgage, LLC 1 3.13% $4,592
Fortress Bank 1 2.38% $21,806
Golden Empire Mortgage, Inc. 1 3.25% $5,627
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 2.75% $18,903
Goldwater Bank, N.A. 1 2.38% $3,967
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 4.13% $11,216
INTELLILOAN, INC. 1 2.25% $14,432
Ixonia Bank 1 2.88% $15,313
Lakeview Community Capital, LLC 1 2.75% $3,478
LEADERONE FINANCIAL CORPORATION 1 2.88% $21,246
Lend Smart Mortgage, LLC 1 2.75% $13,411
LIBERTY HOME MORTGAGE CORPORATION 1 2.25% $5,737
MID AMERICA MORTGAGE, INC. 1 2.25% $1,150
MORIA DEVELOPMENT, INC. 1 3.75% $6,262
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 3.25% $3,752
Nations Lending Corporation 1 2.50% $2,867
NETWORK CAPITAL FUNDING CORPORATION 1 2.63% $8,386
Northpointe Bank 1 3.75% $3,518
PANORAMA MORTGAGE GROUP, LLC 1 2.50% $8,615
Paramount Bank 1 3.00% $12,390
PREMIER MORTGAGE RESOURCES, L.L.C. 1 2.63% $16,785
Prime Choice Funding Inc. 1 2.25% $2,497
ROYAL UNITED MORTGAGE LLC 1 2.75% $15,012
SWBC MORTGAGE CORPORATION 1 2.88% $4,784
Texana Bank 1 2.25% $3,174
TJC Mortgage, Inc. 1 2.75% $10,057
V.I.P. MORTGAGE, INC. 1 3.63% $3,391
Watermark Capital, Inc. 1 3.25% $7,272
WESTERN EXPRESS LENDING 1 2.38% $11,901
1st Security Bank of Washington 1 2.75% $3,640

The top Lake Havasu City VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 181 VA loans originated. Their average total fees are $3,021, which is $2,171 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Lake Havasu City VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,718), Mr. Cooper ( Nationstar Mortgage ) ($2,974), VILLAGE CAPITAL MORTGAGE ($2,999), FREEDOM MORTGAGE CORPORATION ($3,021) and PLANET HOME LENDING, LLC ($3,272).

The lowest rate Lake Havasu City VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (2.35%), CLEARPATH LENDING (2.37%), SUN WEST MORTGAGE COMPANY, INC. (2.37%), Low VA Rates, LLC (2.41%) and CALIBER HOME LOANS, INC. (2.41%).


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 (3.6%) $319,301 (8.5%) 0.93 1,242
2018-02-01 $254,075 (3.2%) $325,834 (8.7%) 0.92 1,345
2018-03-01 $259,900 (5.3%) $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 (8.2%) 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%) $340,315 (9.2%) 0.94 1,011
2018-09-01 $283,900 (13.6%) $346,878 (11.6%) 0.95 1,065
2018-10-01 $283,450 (11.3%) $345,121 (9.3%) 0.96 1,142
2018-11-01 $283,950 (11.4%) $347,456 (9.1%) 0.96 1,229
2018-12-01 $279,450 (9.6%) $343,770 (8.2%) 0.96 1,218
2019-01-01 $281,200 (12.5%) $348,893 (9.3%) 0.97 1,219
2019-02-01 $289,250 (13.8%) $358,515 (10.0%) 0.98 1,286
2019-03-01 $293,571 (13.0%) $363,187 (10.8%) 0.96 1,285
2019-04-01 $298,321 (13.0%) $369,961 (11.1%) 0.95 1,262
2019-05-01 $299,450 (8.9%) $369,067 (9.4%) 0.94 1,250
2019-06-01 $300,000 (5.3%) $375,772 (10.2%) 0.94 1,186
2019-07-01 $304,500 (5.0%) $374,274 (7.4%) 0.95 1,159
2019-08-01 $305,427 (9.1%) $376,899 (10.8%) 0.97 1,165
2019-09-01 $313,568 (10.5%) $383,984 (10.7%) 1.00 1,149
2019-10-01 $321,630 (13.5%) $388,708 (12.6%) 1.04 1,139
2019-11-01 $319,900 (12.7%) $382,682 (10.1%) 1.05 1,114
2019-12-01 $321,890 (15.2%) $387,148 (12.6%) 1.07 1,087
2020-01-01 $324,950 (15.6%) $391,425 (12.2%) 1.09 1,093
2020-02-01 $324,900 (12.3%) $391,299 (9.1%) 1.06 1,024
2020-03-01 $324,900 (10.7%) $391,316 (7.7%) 1.02 999
2020-04-01 $311,000 (4.3%) $377,901 (2.2%) 0.97 1,078
2020-05-01 $305,000 (1.9%) $376,572 (2.0%) 0.93 1,016
2020-06-01 $299,738 (-0.1%) $383,089 (2.0%) 0.88 814
2020-07-01 $322,400 (5.9%) $392,819 (5.0%) 0.93 678
2020-08-01 $325,000 (6.4%) $400,713 (6.3%) 0.93 640
2020-09-01 $331,225 (5.6%) $416,977 (8.6%) 0.95 597
2020-10-01 $342,900 (6.6%) $426,469 (9.7%) 0.98 601
2020-11-01 $342,400 (7.0%) $427,852 (11.8%) 1.00 611
2020-12-01 $341,950 (6.2%) $427,491 (10.4%) 1.02 535
2021-01-01 $333,000 (2.5%) $436,332 (11.5%) 0.99 488
2021-02-01 $339,400 (4.5%) $448,570 (14.6%) 0.99 405
2021-03-01 $349,750 (7.7%) $449,062 (14.8%) 0.99 366
2021-04-01 $368,400 (18.5%) $478,688 (26.7%) 1.00 389
2021-05-01 $395,200 (29.6%) $495,394 (31.6%) 1.05 377
2021-06-01 $410,822 (37.1%) $521,191 (36.1%) 1.08 408
2021-07-01 $399,900 (24.0%) $506,668 (29.0%) 1.05 494
2021-08-01 $399,900 (23.1%) $493,756 (23.2%) 1.07 548
2021-09-01 $399,000 (20.5%) $488,616 (17.2%) 1.06 617
2021-10-01 $409,000 (19.3%) $488,907 (14.6%) 1.09 672
2021-11-01 $399,450 (16.7%) $482,483 (12.8%) 1.07 661
2021-12-01 $394,450 (15.4%) $471,437 (10.3%) 1.07 578
2022-01-01 $425,000 (27.6%) $506,096 (16.0%) 1.15 514
2022-02-01 $430,000 (26.7%) $500,885 (11.7%) 1.12 428
2022-03-01 $444,400 (27.1%) $507,326 (13.0%) 1.11 432
2022-04-01 $450,000 (22.2%) $539,885 (12.8%) 1.07 496
2022-05-01 $442,200 (11.9%) $540,638 (9.1%) 1.01 711
2022-06-01 $425,000 (3.5%) $530,651 (1.8%) 0.95 891
2022-07-01 $425,000 (6.3%) $521,122 (2.9%) 0.96 1,137
2022-08-01 $422,450 (5.6%) $513,132 (3.9%) 0.98 1,255
2022-09-01 $418,975 (5.0%) $497,483 (1.8%) 0.98 1,278
2022-10-01 $419,450 (2.6%) $492,812 (0.8%) 0.99 1,299
2022-11-01 $412,200 (3.2%) $486,152 (0.8%) 0.99 1,346
Lake Havasu City's median listing price for 2022-11-01 was $412,200, a difference of $12,750 (3.2%) versus the prior year and $-7,250 versus the prior month.

Lake Havasu City's median listing price comes in at 99% of the national average.

Lake Havasu City's average listing price for 2022-11-01 was $486,152, a difference of $3,669 (0.8%) versus the prior year and $-6,660 versus the prior month.

For the 2022-11-01 period, Lake Havasu City had 1,346 MLS listings, a difference of 47 listings (4%) versus the prior month and 685 listings (104%) 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 84 days 1,714 sqft
2018-02-01 88 days 1,712 sqft
2018-03-01 77 days 1,713 sqft
2018-04-01 80 days 1,720 sqft
2018-05-01 72 days 1,728 sqft
2018-06-01 75 days 1,761 sqft
2018-07-01 89 days 1,772 sqft
2018-08-01 72 days 1,747 sqft
2018-09-01 63 days 1,755 sqft
2018-10-01 66 days 1,756 sqft
2018-11-01 64 days 1,746 sqft
2018-12-01 72 days 1,725 sqft
2019-01-01 80 days 1,732 sqft
2019-02-01 80 days 1,737 sqft
2019-03-01 74 days 1,748 sqft
2019-04-01 68 days 1,760 sqft
2019-05-01 68 days 1,748 sqft
2019-06-01 72 days 1,774 sqft
2019-07-01 77 days 1,786 sqft
2019-08-01 81 days 1,797 sqft
2019-09-01 81 days 1,804 sqft
2019-10-01 81 days 1,808 sqft
2019-11-01 78 days 1,791 sqft
2019-12-01 87 days 1,780 sqft
2020-01-01 87 days 1,797 sqft
2020-02-01 85 days 1,804 sqft
2020-03-01 72 days 1,782 sqft
2020-04-01 68 days 1,728 sqft
2020-05-01 75 days 1,720 sqft
2020-06-01 88 days 1,716 sqft
2020-07-01 80 days 1,731 sqft
2020-08-01 74 days 1,720 sqft
2020-09-01 71 days 1,718 sqft
2020-10-01 60 days 1,720 sqft
2020-11-01 56 days 1,709 sqft
2020-12-01 60 days 1,742 sqft
2021-01-01 62 days 1,704 sqft
2021-02-01 64 days 1,697 sqft
2021-03-01 50 days 1,737 sqft
2021-04-01 39 days 1,758 sqft
2021-05-01 40 days 1,742 sqft
2021-06-01 41 days 1,736 sqft
2021-07-01 40 days 1,721 sqft
2021-08-01 39 days 1,698 sqft
2021-09-01 39 days 1,712 sqft
2021-10-01 44 days 1,718 sqft
2021-11-01 49 days 1,718 sqft
2021-12-01 58 days 1,714 sqft
2022-01-01 68 days 1,736 sqft
2022-02-01 60 days 1,723 sqft
2022-03-01 42 days 1,736 sqft
2022-04-01 39 days 1,739 sqft
2022-05-01 34 days 1,706 sqft
2022-06-01 36 days 1,642 sqft
2022-07-01 46 days 1,630 sqft
2022-08-01 52 days 1,640 sqft
2022-09-01 62 days 1,642 sqft
2022-10-01 73 days 1,644 sqft
2022-11-01 78 days 1,639 sqft
Lake Havasu City's median listing age (time on market) for 2022-11-01 was 78 days. This is 61% longer than the same period one year ago.

Lake Havasu City's median square footage for active listings during the 2022-11-01 period was 1,639 sqft. One year prior, the average listing was 1,718 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.