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 84 lenders originated 576 VA loans during 2023. The total origination value was $163,640,000, with an average VA loan value of $284,097.

Lake Havasu City VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Lake Havasu City averaged 0.18% for the week of 2024-11-29, compared to the national average (all VA variants) of 0% for the same period.

Lake Havasu City's average VA mortgage closing costs are $6,108.

The average rate for the prior week (2024-11-22) was 6.95% and one month ago for the week of 2024-10-25, the average rate was 6.64%.

The average rate one year ago was 7.39%.

For refis of the same type during the week of 2024-11-29, the average rate was 0.03%.

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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 72 6.77% $6,697
UNITED WHOLESALE MORTGAGE, LLC 62 6.34% $9,718
QUICKEN LOANS, LLC 37 6.18% $11,022
BROKER SOLUTIONS, INC. 28 6.36% $9,828
AMERICAN PACIFIC MORTGAGE CORPORATION 25 6.91% $10,427
Flagstar Bank, FSB 25 6.53% $8,105
NEW DAY FINANCIAL, LLC 17 7.40% $10,078
FREEDOM MORTGAGE CORPORATION 16 6.34% $17,105
NAVY FEDERAL CREDIT UNION 16 5.60% $7,245
LOANDEPOT.COM, LLC 14 6.13% $10,691
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 6.68% $7,117
PENNYMAC LOAN SERVICES, LLC 12 5.55% $5,733
INSPIRE HOME LOANS INC. 12 5.85% $7,917
SUN AMERICAN MORTGAGE COMPANY 9 6.65% $9,623
AMERICAN FINANCIAL NETWORK, INC. 8 6.51% $7,997
NOVA FINANCIAL & INVESTMENT CORPORATION 8 6.44% $5,024
AXIA FINANCIAL, LLC 7 6.27% $7,831
NEWREZ LLC 7 6.29% $8,116
SUN WEST MORTGAGE COMPANY, INC. 6 7.17% $6,463
NFM, INC. 6 6.77% $9,126
MOUNTAIN WEST FINANCIAL, INC. 5 6.40% $13,307
AMERISAVE MORTGAGE CORPORATION 5 5.68% $21,930
USAA Federal Savings Bank 5 6.13% $11,299
The Federal Savings Bank 5 5.95% $13,605
PRIMARY RESIDENTIAL MORTGAGE, INC. 5 6.25% $9,955
Equity Prime Mortgage LLC 5 6.93% $5,451
MOVEMENT MORTGAGE, LLC 5 6.10% $11,074
ACADEMY MORTGAGE CORPORATION 4 6.72% $9,070
AMERICAN FINANCIAL RESOURCES, INC. 4 6.75% $5,488
CROSSCOUNTRY MORTGAGE, LLC 4 6.36% $12,470
JPMorgan Chase Bank 4 6.68% $5,172
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 7.63% $5,529
Mr. Cooper ( Nationstar Mortgage ) 4 5.81% $12,397
Paramount Residential Mortgage Group, Inc. 4 6.81% $18,293
VILLAGE CAPITAL MORTGAGE 4 6.16% $9,328
NETWORK CAPITAL FUNDING CORPORATION 3 5.88% $8,436
LOANPAL, LLC 3 5.63% $9,331
Barrington Bank & Trust Company, N.A. 3 6.08% $5,769
SUMMIT FUNDING, INC. 3 6.50% $5,321
Wells Fargo Bank 3 6.13% $4,559
GENEVA FINANCIAL, LLC 3 6.88% $9,322
GUILD MORTGAGE COMPANY 2 6.50% $10,328
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 7.06% $9,920
Glacier Bank 2 6.63% $5,834
Performance Financial, Inc. 2 6.81% $3,760
Plains Commerce Bank 2 7.06% $6,386
ARIZONA 2 6.13% $5,052
U.S. Bank 2 6.94% $5,111
Magnolia Bank 2 6.31% $19,509
ZILLOW HOME LOANS, LLC 1 5.63% $5,017
NexBank 1 5.63% $5,891
Gateway First Bank 1 6.75% $5,635
Fifth Third Bank 1 5.88% $8,031
OCMBC, INC. 1 5.75% $3,813
Old National Bank 1 5.75% $4,098
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 7.38% $10,058
INFINITY EQUITY GROUP, INC. 1 5.75% $6,479
FBC MORTGAGE, LLC 1 5.38% $4,596
PENTAGON FEDERAL CREDIT UNION 1 4.88% $13,180
VERITAS FUNDING, LLC 1 6.75% $19,085
LEADERONE FINANCIAL CORPORATION 1 6.12% $6,578
PLANET HOME LENDING, LLC 1 6.99% $4,269
PNC Bank 1 6.88% $10,831
POINT Mortgage 1 5.75% $8,362
CMG MORTGAGE, INC. 1 6.63% $13,246
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.13% $6,817
CITYWIDE HOME LOANS, LLC 1 6.88% $8,761
SECURITYNATIONAL MORTGAGE COMPANY 1 5.25% $6,311
Sierra Pacific Mortgage Company, Inc. 1 5.63% $12,313
SOVEREIGN LENDING GROUP INCORPORATED 1 6.25% $15,450
MORIA DEVELOPMENT, INC. 1 7.63% $7,493
CHURCHILL MORTGAGE CORPORATION 1 6.50% $6,960
Carrington Mortgage Services, LLC 1 5.13% $6,592
Mid-Continent Funding, Inc. 1 5.13% $14,010
The Loan Store, Inc. 1 7.00% $3,715
UNION HOME MORTGAGE CORP. 1 7.00% $4,135
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $9,423
GUARANTEED RATE, INC. 1 6.25% $6,543
V.I.P. MORTGAGE, INC. 1 7.13% $4,211
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $24,366
NATIONS DIRECT MORTGAGE, LLC 1 5.75% $26,138
LADERA LENDING, INC. 1 7.25% $5,414
MANN FINANCIAL INC. 1 6.75% $11,796
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.25% $15,213

The top Lake Havasu City VA lender as defined by loan originations is Mortgage Research Center, LLC, with 72 VA loans originated. Their average total fees are $6,697, which is $3,021 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Lake Havasu City VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC ($5,733), Mortgage Research Center, LLC ($6,697), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($7,117), NAVY FEDERAL CREDIT UNION ($7,245) and INSPIRE HOME LOANS INC. ($7,917).

The lowest rate Lake Havasu City VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.55%), NAVY FEDERAL CREDIT UNION (5.60%), INSPIRE HOME LOANS INC. (5.85%), LOANDEPOT.COM, LLC (6.13%) and QUICKEN LOANS, LLC (6.18%).


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
2024-01-01 $426,533 (5.5%) $553,866 (14.1%) 1.04 1,023
2024-02-01 $429,450 (6.1%) $560,234 (15.3%) 1.03 1,052
2024-03-01 $425,000 (4.9%) $553,910 (12.5%) 1.00 1,107
2024-04-01 $423,534 (1.8%) $573,979 (11.3%) 0.99 1,075
2024-05-01 $429,900 (1.2%) $574,841 (6.4%) 0.97 1,138
2024-06-01 $424,900 (1.8%) $560,913 (5.9%) 0.95 1,155
2024-07-01 $410,741 (-2.2%) $533,129 (0.6%) 0.94 1,155
2024-08-01 $409,000 (-3.3%) $532,443 (2.8%) 0.95 1,173
2024-09-01 $408,175 (-2.8%) $533,783 (-0.5%) 0.96 1,206
2024-10-01 $404,975 (-3.6%) $535,530 (-1.6%) 0.95 1,244
Lake Havasu City's median listing price for 2024-10-01 was $404,975, a difference of $-14,925 (-3.6%) versus the prior year and $-3,200 versus the prior month.

Lake Havasu City's median listing price comes in at 95% of the national average.

Lake Havasu City's average listing price for 2024-10-01 was $535,530, a difference of $-8,878 (-1.6%) versus the prior year and $1,747 versus the prior month.

For the 2024-10-01 period, Lake Havasu City had 1,244 MLS listings, a difference of 38 listings (3%) versus the prior month and 222 listings (22%) 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 63 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 1,745 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 1,697 sqft
2023-05-01 66 days 1,765 sqft
2023-06-01 58 days 1,722 sqft
2023-07-01 58 days 1,728 sqft
2023-08-01 60 days 1,745 sqft
2023-09-01 56 days 1,719 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
2024-01-01 71 days 1,708 sqft
2024-02-01 58 days 1,707 sqft
2024-03-01 57 days 1,697 sqft
2024-04-01 63 days 1,687 sqft
2024-05-01 56 days 1,686 sqft
2024-06-01 59 days 1,667 sqft
2024-07-01 69 days 1,637 sqft
2024-08-01 66 days 1,633 sqft
2024-09-01 64 days 1,640 sqft
2024-10-01 64 days 1,632 sqft
Lake Havasu City's median listing age (time on market) for 2024-10-01 was 64 days. This is 20% longer than the same period one year ago.

Lake Havasu City's median square footage for active listings during the 2024-10-01 period was 1,632 sqft. One year prior, the average listing was 1,710 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.