Lakeland VA Loan Rates, Closing Costs & Stats

LAKELAND-WINTER HAVEN, FL

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 186 lenders originated 2,403 VA loans during 2022. The total origination value was $773,385,000, with an average VA loan value of $321,841.

Lakeland VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Lakeland averaged -0.21% for the week of 2023-11-24, compared to the national average (all VA variants) of 0% for the same period.

Lakeland's average VA mortgage closing costs are $5,877.

The average rate for the prior week (2023-11-17) was 6.74% and one month ago for the week of 2023-10-20, the average rate was 7.27%.

The average rate one year ago was 6.48%.

For refis of the same type during the week of 2023-11-24, the average rate was -1.25%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 258 4.98% $9,335
UNITED WHOLESALE MORTGAGE, LLC 190 4.41% $9,578
QUICKEN LOANS, LLC 140 4.19% $11,734
FREEDOM MORTGAGE CORPORATION 110 4.26% $11,765
DHI MORTGAGE COMPANY, LTD. 108 4.42% $7,388
LOANDEPOT.COM, LLC 82 4.35% $8,888
NAVY FEDERAL CREDIT UNION 71 3.56% $7,221
HOME SOLUTION LENDERS INC. 67 4.55% $7,605
EAGLE HOME MORTGAGE, LLC 60 4.77% $6,611
HOMEBRIDGE FINANCIAL SERVICES, INC. 58 4.41% $9,143
CALIBER HOME LOANS, INC. 57 4.45% $10,583
PENNYMAC LOAN SERVICES, LLC 55 3.48% $8,349
VANDERBILT MORTGAGE AND FINANCE, INC. 52 4.98% $3,450
NEW DAY FINANCIAL, LLC 48 5.13% $12,612
CROSSCOUNTRY MORTGAGE, LLC 46 5.20% $9,530
THE MORTGAGE FIRM, INC. 40 5.23% $9,613
USAA Federal Savings Bank 39 4.36% $8,918
KBHS HOME LOANS, LLC 31 4.36% $13,677
MOVEMENT MORTGAGE, LLC 28 5.10% $7,621
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 25 4.75% $7,053
Plains Commerce Bank 24 4.19% $10,415
HOME POINT FINANCIAL CORPORATION 24 4.27% $10,302
FBC MORTGAGE, LLC 21 5.00% $6,594
HOMEAMERICAN MORTGAGE CORPORATION 21 3.81% $3,319
The Federal Savings Bank 20 4.45% $12,677
Mr. Cooper ( Nationstar Mortgage ) 20 4.74% $10,693
Mortgage Lenders Investment Trading Corporation 18 3.96% $6,339
South Pacific Financial Corporation 18 4.89% $11,751
GUARANTEED RATE, INC. 16 4.61% $6,889
AMERIFIRST FINANCIAL CORPORATION 16 5.13% $10,170
BROKER SOLUTIONS, INC. 16 4.92% $9,171
Equity Prime Mortgage LLC 15 5.18% $10,680
PENTAGON FEDERAL CREDIT UNION 14 3.16% $5,511
Carrington Mortgage Services, LLC 13 4.27% $8,189
MUTUAL OF OMAHA MORTGAGE, INC. 13 4.95% $8,076
NVR Mortgage Finance, Inc. 13 3.97% $6,626
LOANPAL, LLC 13 3.89% $15,005
PULTE MORTGAGE LLC 12 4.46% $3,676
NEWREZ LLC 12 4.38% $10,062
CARDINAL FINANCIAL 12 4.78% $12,507
LAKEVIEW LOAN SERVICING, LLC 12 3.29% $3,495
Flagstar Bank, FSB 12 4.17% $9,748
AMERISAVE MORTGAGE CORPORATION 11 3.89% $13,606
MORTGAGE SOLUTIONS OF COLORADO, LLC 11 5.76% $7,846
Wells Fargo Bank 10 4.23% $7,332
Waterstone Mortgage Corporation 10 4.73% $9,812
PLANET HOME LENDING, LLC 10 4.40% $6,463
Barrington Bank & Trust Company, N.A. 9 5.13% $11,007
VILLAGE CAPITAL MORTGAGE 9 3.51% $10,813
EVERETT FINANCIAL, INC. 9 5.14% $6,970
First Federal Bank 8 4.48% $17,444
CLEARPATH LENDING 8 3.92% $13,339
Hometown Lenders, Inc. 8 5.00% $10,788
Lakeview Community Capital, LLC 7 4.00% $4,424
Nations Lending Corporation 7 4.55% $14,928
PARK SQUARE HOME MORTGAGE, LLC 6 5.73% $6,792
EMBRACE HOME LOANS, INC. 6 4.71% $10,264
NFM, INC. 6 5.44% $10,275
Paramount Residential Mortgage Group, Inc. 6 5.21% $12,767
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 4.92% $9,331
STOCKTON MORTGAGE CORPORATION 6 5.33% $10,189
SUCCESS MORTGAGE PARTNERS, INC. 6 4.39% $9,193
GSF Mortgage Corporation 6 4.85% $4,494
GUILD MORTGAGE COMPANY 6 5.27% $9,920
AMCAP MORTGAGE, LTD. 5 5.95% $9,778
Mid-Continent Funding, Inc. 5 5.58% $11,905
RELIANCE FIRST CAPITAL, LLC 5 4.83% $7,716
GUARANTEED RATE AFFINITY, LLC 5 5.28% $6,787
Low VA Rates, LLC 5 4.15% $17,126
GERSHMAN INVESTMENT CORP. 5 5.38% $9,102
The Home Loan Expert LLC 5 4.33% $7,502
DAS Acquisition Company, LLC 5 4.60% $6,128
ABSOLUTE HOME MORTGAGE CORPORATION 4 4.72% $10,281
HOMESIDE FINANCIAL, LLC 4 4.88% $8,417
AMERICAN FINANCIAL RESOURCES, INC. 4 5.09% $10,161
AMERICAN FINANCING CORPORATION 4 4.25% $13,400
AMERICAN PACIFIC MORTGAGE CORPORATION 4 5.06% $10,811
CMG MORTGAGE, INC. 4 4.56% $14,323
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 5.03% $7,097
INSPIRE HOME LOANS INC. 3 5.33% $8,988
VERITAS FUNDING, LLC 3 3.88% $15,944
NETWORK CAPITAL FUNDING CORPORATION 3 3.33% $7,592
Citizens Bank 3 5.25% $3,942
Gateway First Bank 3 5.75% $8,995
SUN WEST MORTGAGE COMPANY, INC. 3 5.04% $14,508
JET HOMELOANS, LLC 3 4.08% $7,931
Strong Home Mortgage, LLC 3 2.92% $4,704
South State Bank 3 4.42% $7,338
First Guaranty Mortgage Corporation 3 3.50% $7,536
COMPASS MORTGAGE, INC. 3 5.33% $10,486
BAY EQUITY LLC 3 5.29% $14,606
VAN DYK MORTGAGE CORPORATION 3 5.21% $8,407
North American Savings Bank, F.S.B. 2 3.56% $2,192
SECURITYNATIONAL MORTGAGE COMPANY 2 4.44% $12,964
Bank of America 2 3.50% $2,961
ROUNDPOINT MORTGAGE SERVICING CORPORATION 2 4.00% $7,513
Loan Simple, Inc. 2 4.63% $8,543
Century Mortgage Company DBA Century Lending Company 2 4.75% $14,710
Bank of England 2 4.44% $10,487
CRESCENT MORTGAGE COMPANY 2 4.13% $8,507
CHURCHILL MORTGAGE CORPORATION 2 5.06% $25,434
HAMILTON HOME LOANS, INC. 2 3.94% $12,869
MILEND, INC. 2 4.94% $16,496
Town Square Mortgage & Investments, Inc. 2 4.56% $13,740
Regions Bank 2 4.13% $9,021
Truist 2 3.78% $3,621
FirstBank 2 3.94% $15,389
UNION HOME MORTGAGE CORP. 2 3.13% $4,648
Ixonia Bank 2 3.25% $6,761
Prime Choice Funding Inc. 2 3.19% $2,208
VELOCIO MORTGAGE L.L.C. 2 4.75% $8,373
AMERICAN BANCSHARES MORTGAGE 2 4.13% $8,006
U.S. Bank 2 2.69% $8,997
Sierra Pacific Mortgage Company, Inc. 2 5.06% $7,607
ZILLOW HOME LOANS, LLC 1 3.25% $10,719
ACADEMY MORTGAGE CORPORATION 1 5.63% $2,992
ACOPIA, LLC 1 5.25% $20,526
Alcova Mortgage LLC 1 5.50% $4,830
Ameris Bank 1 4.13% $5,793
AmRes Corporation 1 4.75% $16,758
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $3,728
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.25% $11,445
Austin Capital Bank SSB 1 3.25% $3,698
AXIA FINANCIAL, LLC 1 2.75% $7,847
BAY CAPITAL MORTGAGE CORPORATION 1 4.75% $8,395
BAYSHORE MORTGAGE FUNDING, LLC 1 4.88% $3,634
BECKAM FUNDING CORP. 1 4.38% $18,494
Bell Bank 1 4.38% $9,785
Capital Bank 1 3.75% $9,897
COLUMBUS CAPITAL LENDING, LLC 1 5.63% $9,435
Community First National Bank 1 4.75% $5,458
CONTOUR MORTGAGE CORPORATION 1 4.63% $10,884
Cornerstone First Mortgage, Inc 1 5.75% $31,172
Eagle Bank and Trust Company 1 6.13% $6,117
East Coast Capital Corp. 1 4.75% $23,339
EQUITY RESOURCES, INC. 1 5.25% $5,806
FAIRWAY FUNDING GROUP, INC. 1 4.75% $29,752
FIDELITY FUNDING MORTGAGE CORP. 1 3.25% $11,997
FIRST EQUITY MORTGAGE BANKERS, INC. 1 3.75% $6,184
First Heritage Mortgage, LLC 1 5.25% $12,185
First Mortgage Solutions, LLC 1 3.00% $5,170
Florida Capital Bank 1 5.75% $8,916
FOUNDATION MORTGAGE CORPORATION 1 3.75% $16,425
GMFS LLC 1 3.38% $1,189
Goldwater Bank, N.A. 1 7.50% $16,143
HANCOCK MORTGAGE PARTNERS, LLC 1 4.13% $27,477
Hancock Whitney Bank 1 5.63% $11,537
HomePromise Corporation 1 7.25% $11,975
JPMorgan Chase Bank 1 4.88% $4,734
KEESLER 1 4.38% $8,269
LAND HOME FINANCIAL SERVICES, INC. 1 6.00% $6,513
LEADERONE FINANCIAL CORPORATION 1 2.75% $6,130
LOANLEADERS OF AMERICA, INC. 1 4.88% $16,224
Magnolia Bank 1 5.13% $10,363
Meridian Bank Corporation 1 3.75% $3,638
METROPLEX MORTGAGE SERVICES, INC. 1 6.63% $815
MLB RESIDENTIAL LENDING, LLC 1 3.75% $9,536
M&T Bank 1 3.38% $13,429
MY MORTGAGE, INC. 1 4.63% $6,580
NATIONS DIRECT MORTGAGE, LLC 1 4.99% $9,795
NATIONS RELIABLE LENDING, LLC 1 4.25% $3,511
NEXERA HOLDING LLC 1 3.50% $12,899
Northpointe Bank 1 5.50% $13,242
NORTHPOINT MORTGAGE, INC. 1 6.50% $17,232
OCMBC, INC. 1 7.25% $11,901
OPEN MORTGAGE, LLC 1 5.63% $20,140
PLAZA HOME MORTGAGE, INC. 1 4.63% $12,668
PREFERRED LENDING SERVICES, LLC 1 6.75% $20,073
PREMIA MORTGAGE, LLC 1 3.75% $6,595
Prosperity Home Mortgage, LLC 1 3.25% $3,335
Raymond James Bank 1 5.25% $5,912
Residential Mortgage Solutions, Inc. 1 3.75% $5,061
SOUTHERN TRUST MORTGAGE, LLC 1 4.63% $14,188
SOUTHWEST STAGE FUNDING, LLC 1 6.25% $2,070
SOVEREIGN LENDING GROUP INCORPORATED 1 3.75% $14,639
Summit Mortgage Corporation 1 3.13% $11,296
Sunflower Bank 1 3.38% $13,072
SWBC MORTGAGE CORPORATION 1 5.50% $18,309
Texana Bank 1 4.75% $13,409
The Central Trust Bank 1 4.13% $3,379
THRIVE MORTGAGE, LLC 1 5.63% $9,554
TOP FLITE FINANCIAL, INC. 1 3.25% $16,319
TOWNE MORTGAGE COMPANY 1 4.13% $3,944
Trustmark National Bank 1 4.50% $5,929
V.I.P. MORTGAGE, INC. 1 4.25% $125
Watermark Capital, Inc. 1 2.38% $4,602

The top Lakeland VA lender as defined by loan originations is Mortgage Research Center, LLC, with 258 VA loans originated. Their average total fees are $9,335, which is $242 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Lakeland VA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION ($3,319), VANDERBILT MORTGAGE AND FINANCE, INC. ($3,450), LAKEVIEW LOAN SERVICING, LLC ($3,495), PULTE MORTGAGE LLC ($3,676) and PENTAGON FEDERAL CREDIT UNION ($5,511).

The lowest rate Lakeland VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (3.16%), LAKEVIEW LOAN SERVICING, LLC (3.29%), PENNYMAC LOAN SERVICES, LLC (3.48%), NAVY FEDERAL CREDIT UNION (3.56%) and HOMEAMERICAN MORTGAGE CORPORATION (3.81%).


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%) $258,707 (8.0%) 0.81 2,625
2018-02-01 $219,900 (7.7%) $259,748 (6.9%) 0.80 2,645
2018-03-01 $222,625 (8.7%) $263,209 (7.6%) 0.78 2,576
2018-04-01 $224,950 (7.1%) $273,667 (9.4%) 0.76 2,501
2018-05-01 $224,950 (4.7%) $275,646 (9.4%) 0.75 2,518
2018-06-01 $225,000 (3.8%) $275,270 (7.5%) 0.75 2,535
2018-07-01 $228,375 (4.6%) $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%) $272,464 (5.3%) 0.76 2,803
2018-10-01 $224,900 (2.5%) $271,597 (4.3%) 0.76 2,887
2018-11-01 $223,950 (1.6%) $268,839 (2.6%) 0.76 3,048
2018-12-01 $224,000 (2.3%) $266,613 (3.4%) 0.77 3,041
2019-01-01 $222,138 (1.4%) $261,558 (1.1%) 0.77 3,193
2019-02-01 $224,450 (2.1%) $260,096 (0.1%) 0.76 3,320
2019-03-01 $224,999 (1.1%) $267,361 (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%) $276,708 (0.4%) 0.72 2,875
2019-06-01 $229,900 (2.2%) $282,162 (2.5%) 0.72 2,807
2019-07-01 $229,397 (0.5%) $286,624 (3.0%) 0.72 2,809
2019-08-01 $229,245 (0.8%) $286,482 (3.6%) 0.73 2,931
2019-09-01 $229,614 (2.1%) $280,384 (2.9%) 0.73 3,017
2019-10-01 $229,859 (2.2%) $276,220 (1.7%) 0.74 3,068
2019-11-01 $228,920 (2.2%) $273,506 (1.7%) 0.75 3,033
2019-12-01 $229,700 (2.5%) $271,642 (1.9%) 0.77 2,976
2020-01-01 $229,950 (3.5%) $273,618 (4.6%) 0.77 2,915
2020-02-01 $234,000 (4.3%) $278,296 (7.0%) 0.77 2,809
2020-03-01 $234,900 (4.4%) $281,322 (5.2%) 0.74 2,691
2020-04-01 $234,463 (4.2%) $272,964 (-0.2%) 0.73 2,873
2020-05-01 $234,490 (2.2%) $274,454 (-0.8%) 0.71 2,723
2020-06-01 $234,950 (2.2%) $274,532 (-2.7%) 0.69 2,453
2020-07-01 $235,250 (2.6%) $275,408 (-3.9%) 0.68 2,319
2020-08-01 $239,900 (4.7%) $284,259 (-0.8%) 0.69 2,078
2020-09-01 $243,775 (6.2%) $287,766 (2.6%) 0.70 2,003
2020-10-01 $245,000 (6.6%) $286,092 (3.6%) 0.70 2,021
2020-11-01 $245,860 (7.4%) $288,854 (5.6%) 0.72 2,053
2020-12-01 $249,695 (8.7%) $290,439 (6.9%) 0.74 1,928
2021-01-01 $252,195 (9.7%) $296,805 (8.5%) 0.75 1,659
2021-02-01 $252,335 (7.8%) $301,726 (8.4%) 0.73 1,358
2021-03-01 $256,950 (9.4%) $314,074 (11.6%) 0.73 1,047
2021-04-01 $264,950 (13.0%) $326,872 (19.8%) 0.72 883
2021-05-01 $274,900 (17.2%) $347,960 (26.8%) 0.73 777
2021-06-01 $284,470 (21.1%) $363,492 (32.4%) 0.75 809
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 (26.1%) $372,904 (29.6%) 0.82 1,096
2021-10-01 $319,900 (30.6%) $379,800 (32.8%) 0.85 1,128
2021-11-01 $317,013 (28.9%) $380,041 (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%) 0.88 938
2022-02-01 $331,033 (31.2%) $410,921 (36.2%) 0.86 859
2022-03-01 $342,798 (33.4%) $415,821 (32.4%) 0.86 888
2022-04-01 $350,000 (32.1%) $430,510 (31.7%) 0.83 933
2022-05-01 $364,990 (32.8%) $430,095 (23.6%) 0.83 1,266
2022-06-01 $370,030 (30.1%) $429,829 (18.3%) 0.82 1,591
2022-07-01 $365,000 (28.1%) $414,626 (16.5%) 0.82 2,179
2022-08-01 $364,000 (22.7%) $414,298 (16.0%) 0.84 2,566
2022-09-01 $359,999 (17.1%) $409,728 (9.9%) 0.84 2,745
2022-10-01 $359,900 (12.5%) $408,117 (7.5%) 0.85 2,819
2022-11-01 $351,475 (10.9%) $400,046 (5.3%) 0.84 3,102
2022-12-01 $349,900 (6.9%) $397,010 (0.7%) 0.86 3,073
2023-01-01 $349,000 (7.4%) $400,193 (-0.3%) 0.87 2,996
2023-02-01 $349,000 (5.4%) $400,838 (-2.5%) 0.84 2,897
2023-03-01 $349,950 (2.1%) $408,397 (-1.8%) 0.83 2,725
2023-04-01 $349,490 (-0.2%) $403,767 (-6.2%) 0.81 2,681
2023-05-01 $350,000 (-4.1%) $415,914 (-3.3%) 0.79 2,631
2023-06-01 $353,728 (-4.4%) $420,868 (-2.1%) 0.79 2,569
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
Lakeland's median listing price for 2023-10-01 was $355,000, a difference of $-4,900 (-1.4%) versus the prior year and $-3,793 versus the prior month.

Lakeland's median listing price comes in at 84% of the national average.

Lakeland's average listing price for 2023-10-01 was $416,330, a difference of $8,213 (2.0%) versus the prior year and $871 versus the prior month.

For the 2023-10-01 period, Lakeland had 3,307 MLS listings, a difference of 297 listings (10%) versus the prior month and 488 listings (17%) 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 1,879 sqft
2018-03-01 58 days 1,882 sqft
2018-04-01 58 days 1,918 sqft
2018-05-01 58 days 1,912 sqft
2018-06-01 57 days 1,912 sqft
2018-07-01 58 days 1,918 sqft
2018-08-01 54 days 1,919 sqft
2018-09-01 55 days 1,884 sqft
2018-10-01 60 days 1,864 sqft
2018-11-01 59 days 1,859 sqft
2018-12-01 65 days 1,856 sqft
2019-01-01 68 days 1,848 sqft
2019-02-01 59 days 1,837 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 1,837 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 1,815 sqft
2021-02-01 54 days 1,777 sqft
2021-03-01 44 days 1,806 sqft
2021-04-01 40 days 1,806 sqft
2021-05-01 38 days 1,799 sqft
2021-06-01 34 days 1,808 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 1,818 sqft
2022-01-01 43 days 1,814 sqft
2022-02-01 33 days 1,801 sqft
2022-03-01 32 days 1,778 sqft
2022-04-01 31 days 1,798 sqft
2022-05-01 28 days 1,823 sqft
2022-06-01 30 days 1,827 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 1,832 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 1,838 sqft
2023-10-01 54 days 1,836 sqft
Lakeland's median listing age (time on market) for 2023-10-01 was 54 days. This is -2% shorter than the same period one year ago.

Lakeland's median square footage for active listings during the 2023-10-01 period was 1,836 sqft. One year prior, the average listing was 1,828 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.