Lakeland VA Loan Rates, Closing Costs & Stats

LAKELAND-WINTER HAVEN, FL

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Lakeland's 152 lenders originated 1,663 VA loans during 2023. The total origination value was $554,635,000, with an average VA loan value of $333,515.

    Lakeland VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Lakeland averaged 5.87% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Lakeland's average VA mortgage closing costs are $6,253.

    The average rate for the prior week (2024-12-06) was 5.9% and one month ago for the week of 2024-11-08, the average rate was 6.4%.

    The average rate one year ago was 6.34%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.35%.

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

    Lakeland 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 Lakeland level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 203 6.72% $7,656
    UNITED WHOLESALE MORTGAGE, LLC 143 6.29% $9,718
    DHI MORTGAGE COMPANY, LTD. 93 5.42% $6,222
    EAGLE HOME MORTGAGE, LLC 86 5.53% $4,708
    QUICKEN LOANS, LLC 70 6.06% $11,910
    LOANDEPOT.COM, LLC 61 5.94% $9,866
    HOME SOLUTION LENDERS INC. 49 5.77% $11,594
    VANDERBILT MORTGAGE AND FINANCE, INC. 38 5.54% $3,315
    FREEDOM MORTGAGE CORPORATION 36 6.34% $15,999
    NAVY FEDERAL CREDIT UNION 31 5.86% $5,224
    THE MORTGAGE FIRM, INC. 31 6.25% $9,252
    CROSSCOUNTRY MORTGAGE, LLC 29 6.54% $8,849
    NEW DAY FINANCIAL, LLC 27 7.21% $13,955
    USAA Federal Savings Bank 27 6.31% $10,088
    MOVEMENT MORTGAGE, LLC 25 6.57% $7,853
    FBC MORTGAGE, LLC 25 5.98% $6,964
    KBHS HOME LOANS, LLC 22 6.07% $10,234
    PENNYMAC LOAN SERVICES, LLC 22 5.95% $13,663
    EVERETT FINANCIAL, INC. 21 6.95% $10,311
    Plains Commerce Bank 19 6.35% $9,557
    NFM, INC. 19 6.18% $8,967
    NVR Mortgage Finance, Inc. 18 5.53% $6,852
    NEWREZ LLC 18 6.22% $10,821
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 18 6.25% $10,236
    CMG MORTGAGE, INC. 17 5.73% $16,579
    GUARANTEED RATE, INC. 17 6.43% $7,930
    BROKER SOLUTIONS, INC. 16 6.57% $13,478
    The Federal Savings Bank 15 6.31% $16,681
    HOMEBRIDGE FINANCIAL SERVICES, INC. 13 5.48% $15,965
    VILLAGE CAPITAL MORTGAGE 13 6.01% $10,230
    CARDINAL FINANCIAL 13 6.27% $12,301
    South Pacific Financial Corporation 13 5.35% $6,872
    GUILD MORTGAGE COMPANY 13 6.57% $13,759
    STOCKTON MORTGAGE CORPORATION 12 6.69% $9,800
    HOMEAMERICAN MORTGAGE CORPORATION 12 5.64% $7,606
    Flagstar Bank, FSB 10 7.20% $7,969
    Waterstone Mortgage Corporation 10 6.61% $14,257
    PULTE MORTGAGE LLC 8 5.89% $3,561
    Sierra Pacific Mortgage Company, Inc. 8 5.86% $11,585
    CALIBER HOME LOANS, INC. 8 5.58% $7,092
    Mr. Cooper ( Nationstar Mortgage ) 7 5.70% $15,715
    Equity Prime Mortgage LLC 7 6.96% $11,262
    Mid-Continent Funding, Inc. 7 6.45% $14,536
    PLAZA HOME MORTGAGE, INC. 6 6.79% $10,268
    GARDNER FINANCIAL SERVICES, LTD. 6 7.08% $8,798
    Barrington Bank & Trust Company, N.A. 6 6.33% $10,419
    AMERICAN FINANCIAL NETWORK, INC. 6 6.40% $8,243
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 6.65% $18,466
    JET HOMELOANS, LLC 5 6.83% $4,880
    Paramount Residential Mortgage Group, Inc. 5 6.50% $9,954
    Century Mortgage Company DBA Century Lending Company 5 5.83% $12,511
    PENTAGON FEDERAL CREDIT UNION 5 5.33% $7,797
    AMERISAVE MORTGAGE CORPORATION 5 5.68% $13,160
    GUARANTEED RATE AFFINITY, LLC 4 6.00% $6,795
    UNION HOME MORTGAGE CORP. 4 6.00% $12,062
    PLANET HOME LENDING, LLC 4 6.59% $9,259
    PARK SQUARE HOME MORTGAGE, LLC 4 4.59% $12,440
    HOMESIDE FINANCIAL, LLC 4 7.00% $9,605
    OCMBC, INC. 4 6.69% $10,338
    MICHIGAN MUTUAL, INC. 4 6.31% $10,777
    MUTUAL OF OMAHA MORTGAGE, INC. 4 6.34% $17,690
    American Mortgage & Equity Consultants, Inc. 4 6.91% $9,915
    GSF Mortgage Corporation 3 6.17% $9,340
    AMCAP MORTGAGE, LTD. 3 6.96% $8,249
    Mortgage Lenders Investment Trading Corporation 3 7.25% $8,718
    SUN WEST MORTGAGE COMPANY, INC. 3 6.15% $8,986
    LAKEVIEW LOAN SERVICING, LLC 3 5.92% $12,392
    Citizens Bank 3 6.38% $7,567
    NBKC BANK 3 6.13% $8,458
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 7.50% $4,112
    RELIANCE FIRST CAPITAL, LLC 3 6.42% $9,916
    VAN DYK MORTGAGE CORPORATION 3 6.75% $6,662
    Ixonia Bank 2 7.19% $10,525
    FIRST COMMUNITY MORTGAGE, INC. 2 6.94% $11,799
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.06% $8,552
    BNC National Bank 2 5.69% $9,185
    Armed Forces Bank 2 5.69% $11,153
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 5.63% $12,268
    WATSON MORTGAGE CORP. 2 6.88% $8,015
    T2 FINANCIAL LLC 2 7.19% $8,487
    Truist 2 6.25% $3,598
    First Federal Bank 2 5.88% $13,538
    METROPLEX MORTGAGE SERVICES, INC. 2 6.38% $16,522
    EMBRACE HOME LOANS, INC. 2 6.69% $19,349
    ALLIED MORTGAGE GROUP, INC. 2 6.69% $10,609
    EQUITY RESOURCES, INC. 2 6.50% $8,936
    GERSHMAN INVESTMENT CORP. 2 6.56% $5,296
    South State Bank 2 5.94% $2,663
    ACOPIA, LLC 2 6.75% $5,175
    Strong Home Mortgage, LLC 2 5.88% $9,012
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 6.44% $8,235
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.69% $9,747
    INSPIRE HOME LOANS INC. 2 5.50% $5,615
    Wells Fargo Bank 1 6.38% $17,085
    Advance Financial Group, LLC 1 6.25% $12,852
    Alcova Mortgage LLC 1 5.88% $10,837
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $10,326
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.75% $2,092
    Ameris Bank 1 6.13% $12,973
    Assurance Financial Group, L.L.C. 1 5.75% $15,584
    Bank of England 1 6.25% $6,651
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 5.75% $10,177
    CANOPY MORTGAGE, LLC 1 5.99% $11,387
    Capital Bank 1 5.63% $4,720
    CASTLE & COOKE MORTGAGE, LLC 1 5.99% $25,169
    Centennial Bank 1 6.13% $19,699
    CHERRY CREEK MORTGAGE, LLC 1 7.13% $11,010
    CIBM Bank 1 5.75% $11,103
    CLIFFCO, INC. 1 6.99% $9,797
    Community First National Bank 1 5.25% $5,319
    Cornerstone First Mortgage, Inc 1 6.25% $1,960
    Credence Funding Corporation 1 5.63% $13,054
    EMM LOANS LLC 1 6.13% $21,982
    ENDEAVOR CAPITAL, LLC. 1 6.63% $6,515
    Fifth Third Bank 1 6.00% $630
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.75% $29,295
    First Federal Bank, A FSB 1 5.25% $6,846
    First Heritage Mortgage, LLC 1 6.50% $24,188
    First Savings Bank 1 5.00% $13,902
    GENEVA FINANCIAL, LLC 1 6.25% $23,361
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.49% $8,914
    HomePromise Corporation 1 7.75% $9,002
    JMJ FINANCIAL GROUP 1 6.00% $16,773
    Keystone Funding, Inc. 1 5.25% $7,934
    LEADERONE FINANCIAL CORPORATION 1 6.25% $20,825
    LOANPAL, LLC 1 6.75% $19,252
    Meridian Bank Corporation 1 7.63% $4,551
    MILEND, INC. 1 7.00% $9,811
    MORTGAGE 1 INCORPORATED 1 5.63% $6,509
    MORTGAGE ACCESS CORP. 1 6.63% $37,178
    MORTGAGEONE, INC. 1 7.25% $7,314
    MY MORTGAGE, INC. 1 6.75% $8,712
    Nations Lending Corporation 1 6.75% $22,137
    NATIONS RELIABLE LENDING, LLC 1 6.50% $10,299
    Network Funding, L.P. 1 5.75% $8,010
    ON Q FINANCIAL, INC. 1 7.13% $13,588
    OPEN MORTGAGE, LLC 1 5.25% $3,494
    Pinnacle Bank 1 6.25% $5,346
    PNC Bank 1 6.00% $5,868
    PREMIA MORTGAGE, LLC 1 6.00% $9,930
    ROSS MORTGAGE CORPORATION 1 6.50% $26,267
    Shamrock Home Loans, Inc. 1 6.50% $3,032
    SOUTHWEST STAGE FUNDING, LLC 1 7.50% $1,355
    SWBC MORTGAGE CORPORATION 1 7.00% $8,620
    Synovus Bank 1 6.25% $15,201
    The Central Trust Bank 1 5.75% $14,712
    TOWNE MORTGAGE COMPANY 1 6.25% $7,629
    Town Square Mortgage & Investments, Inc. 1 6.75% $10,050
    U.S. Bank 1 6.13% $2,866
    VELOCIO MORTGAGE L.L.C. 1 5.50% $10,377
    Watermark Capital, Inc. 1 5.50% $12,645
    ACADEMY MORTGAGE CORPORATION 1 7.25% $6,542

    The top Lakeland VA lender as defined by loan originations is Mortgage Research Center, LLC, with 203 VA loans originated. Their average total fees are $7,656, which is $2,062 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Lakeland VA lenders (with over 10 loans originated) are VANDERBILT MORTGAGE AND FINANCE, INC. ($3,315), EAGLE HOME MORTGAGE, LLC ($4,708), NAVY FEDERAL CREDIT UNION ($5,224), DHI MORTGAGE COMPANY, LTD. ($6,222) and NVR Mortgage Finance, Inc. ($6,852).

    The lowest rate Lakeland VA lenders (with over 10 loans originated) are South Pacific Financial Corporation (5.35%), DHI MORTGAGE COMPANY, LTD. (5.42%), HOMEBRIDGE FINANCIAL SERVICES, INC. (5.48%), EAGLE HOME MORTGAGE, LLC (5.53%) and NVR Mortgage Finance, Inc. (5.53%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Lakeland (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 $219,000 (9.6%) $258,660 (8.0%) 0.81 2,628
    2018-02-01 $219,900 (7.6%) $259,706 (6.9%) 0.80 2,648
    2018-03-01 $222,825 (8.8%) $263,192 (7.6%) 0.78 2,578
    2018-04-01 $224,950 (7.1%) $273,636 (9.4%) 0.76 2,502
    2018-05-01 $224,950 (4.7%) $275,616 (9.4%) 0.75 2,519
    2018-06-01 $225,000 (3.9%) $275,270 (7.5%) 0.75 2,535
    2018-07-01 $228,375 (4.8%) $278,348 (7.9%) 0.76 2,534
    2018-08-01 $227,425 (3.6%) $276,628 (7.0%) 0.76 2,663
    2018-09-01 $225,000 (2.5%) $272,424 (5.3%) 0.76 2,802
    2018-10-01 $224,900 (2.5%) $271,559 (4.3%) 0.76 2,886
    2018-11-01 $223,948 (1.6%) $268,801 (2.6%) 0.76 3,047
    2018-12-01 $224,000 (2.3%) $266,583 (3.4%) 0.77 3,040
    2019-01-01 $222,024 (1.4%) $261,527 (1.1%) 0.77 3,193
    2019-02-01 $224,450 (2.1%) $260,067 (0.1%) 0.76 3,320
    2019-03-01 $224,998 (1.0%) $267,344 (1.6%) 0.74 3,197
    2019-04-01 $225,000 (0.0%) $273,390 (-0.1%) 0.71 3,034
    2019-05-01 $229,450 (2.0%) $276,876 (0.5%) 0.72 2,877
    2019-06-01 $229,900 (2.2%) $282,390 (2.6%) 0.72 2,808
    2019-07-01 $229,553 (0.5%) $286,851 (3.1%) 0.72 2,810
    2019-08-01 $229,245 (0.8%) $286,698 (3.6%) 0.73 2,933
    2019-09-01 $229,614 (2.1%) $280,595 (3.0%) 0.73 3,018
    2019-10-01 $229,859 (2.2%) $276,430 (1.8%) 0.74 3,070
    2019-11-01 $229,000 (2.3%) $273,715 (1.8%) 0.75 3,035
    2019-12-01 $229,700 (2.5%) $271,864 (2.0%) 0.77 2,977
    2020-01-01 $230,056 (3.6%) $273,843 (4.7%) 0.77 2,916
    2020-02-01 $234,000 (4.3%) $278,540 (7.1%) 0.77 2,810
    2020-03-01 $234,900 (4.4%) $281,285 (5.2%) 0.74 2,692
    2020-04-01 $234,463 (4.2%) $272,947 (-0.2%) 0.73 2,874
    2020-05-01 $234,490 (2.2%) $274,454 (-0.9%) 0.71 2,723
    2020-06-01 $234,950 (2.2%) $274,532 (-2.8%) 0.69 2,453
    2020-07-01 $235,250 (2.5%) $275,408 (-4.0%) 0.68 2,319
    2020-08-01 $239,900 (4.7%) $284,268 (-0.9%) 0.69 2,078
    2020-09-01 $243,605 (6.1%) $287,781 (2.6%) 0.70 2,003
    2020-10-01 $245,000 (6.6%) $286,107 (3.5%) 0.70 2,020
    2020-11-01 $245,860 (7.4%) $288,862 (5.5%) 0.72 2,052
    2020-12-01 $249,695 (8.7%) $290,439 (6.8%) 0.74 1,928
    2021-01-01 $252,180 (9.6%) $296,770 (8.4%) 0.75 1,660
    2021-02-01 $252,265 (7.8%) $301,684 (8.3%) 0.73 1,359
    2021-03-01 $256,950 (9.4%) $314,013 (11.6%) 0.73 1,048
    2021-04-01 $264,950 (13.0%) $326,804 (19.7%) 0.72 884
    2021-05-01 $274,900 (17.2%) $347,849 (26.7%) 0.73 777
    2021-06-01 $283,960 (20.9%) $363,544 (32.4%) 0.75 808
    2021-07-01 $285,000 (21.2%) $355,889 (29.2%) 0.75 1,011
    2021-08-01 $296,617 (23.6%) $357,204 (25.7%) 0.79 1,083
    2021-09-01 $307,500 (26.2%) $372,904 (29.6%) 0.82 1,096
    2021-10-01 $319,900 (30.6%) $379,838 (32.8%) 0.85 1,127
    2021-11-01 $317,013 (28.9%) $380,058 (31.6%) 0.85 1,106
    2021-12-01 $327,450 (31.1%) $394,418 (35.8%) 0.89 1,044
    2022-01-01 $325,000 (28.9%) $401,222 (35.2%) 0.88 939
    2022-02-01 $331,033 (31.2%) $410,887 (36.2%) 0.86 859
    2022-03-01 $342,900 (33.5%) $415,868 (32.4%) 0.86 888
    2022-04-01 $350,000 (32.1%) $430,510 (31.7%) 0.83 933
    2022-05-01 $364,765 (32.7%) $430,146 (23.7%) 0.83 1,267
    2022-06-01 $370,030 (30.3%) $429,737 (18.2%) 0.82 1,594
    2022-07-01 $365,000 (28.1%) $414,408 (16.4%) 0.82 2,178
    2022-08-01 $364,000 (22.7%) $414,283 (16.0%) 0.84 2,565
    2022-09-01 $359,999 (17.1%) $409,778 (9.9%) 0.84 2,743
    2022-10-01 $359,900 (12.5%) $408,043 (7.4%) 0.85 2,816
    2022-11-01 $351,125 (10.8%) $400,055 (5.3%) 0.84 3,101
    2022-12-01 $349,900 (6.9%) $397,010 (0.7%) 0.86 3,071
    2023-01-01 $349,000 (7.4%) $400,193 (-0.3%) 0.86 2,994
    2023-02-01 $349,000 (5.4%) $400,838 (-2.5%) 0.84 2,897
    2023-03-01 $349,950 (2.1%) $408,401 (-1.8%) 0.83 2,725
    2023-04-01 $349,495 (-0.1%) $403,789 (-6.2%) 0.81 2,680
    2023-05-01 $350,000 (-4.1%) $415,882 (-3.3%) 0.79 2,633
    2023-06-01 $353,700 (-4.4%) $420,839 (-2.1%) 0.79 2,571
    2023-07-01 $358,000 (-1.9%) $423,952 (2.3%) 0.81 2,561
    2023-08-01 $359,495 (-1.2%) $426,306 (2.9%) 0.83 2,765
    2023-09-01 $358,793 (-0.3%) $415,459 (1.4%) 0.84 3,010
    2023-10-01 $355,000 (-1.4%) $416,330 (2.0%) 0.84 3,307
    2023-11-01 $355,000 (1.1%) $421,488 (5.4%) 0.85 3,481
    2023-12-01 $350,000 (0.0%) $419,754 (5.7%) 0.85 3,582
    2024-01-01 $350,000 (0.3%) $418,243 (4.5%) 0.85 3,554
    2024-02-01 $350,000 (0.3%) $414,251 (3.4%) 0.84 3,746
    2024-03-01 $349,950 (0.0%) $409,691 (0.3%) 0.82 3,922
    2024-04-01 $349,000 (-0.1%) $405,803 (0.5%) 0.81 4,028
    2024-05-01 $349,425 (-0.2%) $406,224 (-2.3%) 0.79 4,114
    2024-06-01 $349,900 (-1.1%) $408,774 (-2.9%) 0.79 4,295
    2024-07-01 $349,250 (-2.4%) $405,246 (-4.4%) 0.80 4,424
    2024-08-01 $345,000 (-4.0%) $401,209 (-5.9%) 0.80 4,544
    2024-09-01 $347,736 (-3.1%) $401,076 (-3.5%) 0.82 4,732
    2024-10-01 $344,947 (-2.8%) $396,905 (-4.7%) 0.81 4,825
    2024-11-01 $343,000 (-3.4%) $392,111 (-7.0%) 0.82 4,913
    Lakeland's median listing price for 2024-11-01 was $343,000, a difference of $-12,000 (-3.4%) versus the prior year and $-1,947 versus the prior month.

    Lakeland's median listing price comes in at 82% of the national average.

    Lakeland's average listing price for 2024-11-01 was $392,111, a difference of $-29,377 (-7.0%) versus the prior year and $-4,794 versus the prior month.

    For the 2024-11-01 period, Lakeland had 4,913 MLS listings, a difference of 88 listings (2%) versus the prior month and 1,432 listings (41%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Lakeland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 68 days 1,884 sqft
    2018-02-01 65 days 1,880 sqft
    2018-03-01 58 days 1,882 sqft
    2018-04-01 58 days 1,918 sqft
    2018-05-01 58 days 1,911 sqft
    2018-06-01 57 days 1,911 sqft
    2018-07-01 58 days 1,918 sqft
    2018-08-01 54 days 1,919 sqft
    2018-09-01 55 days 1,883 sqft
    2018-10-01 60 days 1,862 sqft
    2018-11-01 59 days 1,859 sqft
    2018-12-01 65 days 1,855 sqft
    2019-01-01 68 days 1,848 sqft
    2019-02-01 59 days 1,836 sqft
    2019-03-01 56 days 1,847 sqft
    2019-04-01 60 days 1,847 sqft
    2019-05-01 63 days 1,854 sqft
    2019-06-01 64 days 1,877 sqft
    2019-07-01 61 days 1,856 sqft
    2019-08-01 61 days 1,845 sqft
    2019-09-01 62 days 1,836 sqft
    2019-10-01 63 days 1,829 sqft
    2019-11-01 60 days 1,828 sqft
    2019-12-01 67 days 1,828 sqft
    2020-01-01 69 days 1,828 sqft
    2020-02-01 67 days 1,831 sqft
    2020-03-01 57 days 1,836 sqft
    2020-04-01 57 days 1,828 sqft
    2020-05-01 68 days 1,828 sqft
    2020-06-01 75 days 1,828 sqft
    2020-07-01 64 days 1,818 sqft
    2020-08-01 57 days 1,821 sqft
    2020-09-01 53 days 1,814 sqft
    2020-10-01 51 days 1,787 sqft
    2020-11-01 49 days 1,803 sqft
    2020-12-01 54 days 1,816 sqft
    2021-01-01 61 days 1,813 sqft
    2021-02-01 54 days 1,776 sqft
    2021-03-01 44 days 1,806 sqft
    2021-04-01 40 days 1,806 sqft
    2021-05-01 38 days 1,798 sqft
    2021-06-01 34 days 1,807 sqft
    2021-07-01 33 days 1,798 sqft
    2021-08-01 36 days 1,810 sqft
    2021-09-01 37 days 1,807 sqft
    2021-10-01 36 days 1,825 sqft
    2021-11-01 38 days 1,802 sqft
    2021-12-01 51 days 1,819 sqft
    2022-01-01 43 days 1,814 sqft
    2022-02-01 33 days 1,800 sqft
    2022-03-01 32 days 1,777 sqft
    2022-04-01 31 days 1,798 sqft
    2022-05-01 28 days 1,821 sqft
    2022-06-01 30 days 1,826 sqft
    2022-07-01 33 days 1,820 sqft
    2022-08-01 37 days 1,823 sqft
    2022-09-01 44 days 1,827 sqft
    2022-10-01 55 days 1,828 sqft
    2022-11-01 61 days 1,820 sqft
    2022-12-01 67 days 1,824 sqft
    2023-01-01 71 days 1,824 sqft
    2023-02-01 67 days 1,828 sqft
    2023-03-01 56 days 1,831 sqft
    2023-04-01 58 days 1,819 sqft
    2023-05-01 54 days 1,828 sqft
    2023-06-01 55 days 1,838 sqft
    2023-07-01 54 days 1,851 sqft
    2023-08-01 51 days 1,851 sqft
    2023-09-01 53 days 1,837 sqft
    2023-10-01 54 days 1,834 sqft
    2023-11-01 57 days 1,829 sqft
    2023-12-01 64 days 1,820 sqft
    2024-01-01 73 days 1,819 sqft
    2024-02-01 70 days 1,823 sqft
    2024-03-01 59 days 1,818 sqft
    2024-04-01 60 days 1,809 sqft
    2024-05-01 58 days 1,811 sqft
    2024-06-01 59 days 1,823 sqft
    2024-07-01 65 days 1,820 sqft
    2024-08-01 70 days 1,813 sqft
    2024-09-01 71 days 1,811 sqft
    2024-10-01 75 days 1,797 sqft
    2024-11-01 80 days 1,811 sqft
    Lakeland's median listing age (time on market) for 2024-11-01 was 80 days. This is 40% longer than the same period one year ago.

    Lakeland's median square footage for active listings during the 2024-11-01 period was 1,811 sqft. One year prior, the average listing was 1,829 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.