Los Angeles VA Loan Rates, Closing Costs & Stats

Los Angeles-Long Beach-Anaheim, CA

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.

Los Angeles's 151 lenders originated 1,920 VA loans during 2023. The total origination value was $1,372,850,000, with an average VA loan value of $715,026.

Los Angeles VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Los Angeles averaged 6.35% for the week of 2024-06-14, compared to the national average (all VA variants) of 6.423% for the same period.

Los Angeles's average VA mortgage closing costs are $8,907.

The average rate for the prior week (2024-06-07) was 6.52% and one month ago for the week of 2024-05-10, the average rate was 6.64%.

The average rate one year ago was 6.78%.

For refis of the same type during the week of 2024-06-14, the average rate was 6.46%.

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

Los Angeles 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 Los Angeles level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 405 6.17% $15,114
QUICKEN LOANS, LLC 211 6.02% $15,933
Mortgage Research Center, LLC 113 6.48% $11,694
NAVY FEDERAL CREDIT UNION 97 5.85% $12,430
LOANDEPOT.COM, LLC 92 5.85% $19,641
PENNYMAC LOAN SERVICES, LLC 56 5.74% $15,456
FREEDOM MORTGAGE CORPORATION 39 6.27% $22,184
CROSSCOUNTRY MORTGAGE, LLC 37 6.57% $17,092
BROKER SOLUTIONS, INC. 36 6.18% $15,326
AMERICAN FINANCIAL NETWORK, INC. 34 6.22% $13,927
The Federal Savings Bank 29 6.11% $27,934
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 29 6.21% $12,693
GUARANTEED RATE, INC. 24 6.15% $13,722
MOVEMENT MORTGAGE, LLC 22 6.40% $16,297
Paramount Residential Mortgage Group, Inc. 22 6.37% $15,094
U.S. Bank 20 6.21% $15,272
CMG MORTGAGE, INC. 20 6.34% $19,200
NEWREZ LLC 18 6.12% $15,179
AMERICAN PACIFIC MORTGAGE CORPORATION 18 6.38% $22,545
OCMBC, INC. 17 6.46% $13,709
Flagstar Bank, FSB 16 6.51% $19,631
JMJ FINANCIAL GROUP 16 6.32% $15,936
AUGUSTA FINANCIAL, INC. 14 6.10% $18,609
PENTAGON FEDERAL CREDIT UNION 13 5.86% $9,425
VILLAGE CAPITAL MORTGAGE 13 6.25% $23,434
NFM, INC. 12 6.28% $17,116
USAA Federal Savings Bank 12 6.56% $11,773
NEW DAY FINANCIAL, LLC 12 7.40% $20,194
ARK-LA-TEX FINANCIAL SERVICES, LLC. 11 5.92% $15,272
JPMorgan Chase Bank 10 6.05% $9,223
NATIONS DIRECT MORTGAGE, LLC 10 6.17% $20,320
PLAZA HOME MORTGAGE, INC. 10 6.21% $10,715
KBHS HOME LOANS, LLC 10 5.83% $14,282
GUILD MORTGAGE COMPANY 10 5.96% $18,034
Mr. Cooper ( Nationstar Mortgage ) 10 6.24% $22,187
SUN WEST MORTGAGE COMPANY, INC. 10 6.42% $14,116
HOMEBRIDGE FINANCIAL SERVICES, INC. 9 5.89% $22,271
CARDINAL FINANCIAL 9 5.99% $24,985
BAY-VALLEY MORTGAGE GROUP 9 6.36% $23,692
American Mortgage & Equity Consultants, Inc. 8 6.58% $23,373
Plains Commerce Bank 8 6.23% $9,059
Golden Empire Mortgage, Inc. 7 6.34% $12,254
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.61% $17,006
MUTUAL OF OMAHA MORTGAGE, INC. 7 6.23% $12,229
AMERISAVE MORTGAGE CORPORATION 7 5.70% $23,010
DHI MORTGAGE COMPANY, LTD. 7 5.49% $6,323
HighTechLending Inc 7 6.41% $13,766
EAGLE HOME MORTGAGE, LLC 7 5.62% $5,145
Wells Fargo Bank 6 5.85% $16,574
PLANET HOME LENDING, LLC 6 6.31% $10,877
GUARANTEED RATE AFFINITY, LLC 6 6.36% $18,095
RESIDENTIAL BANCORP 6 6.77% $15,330
LADERA LENDING, INC. 5 6.30% $22,726
AXIA FINANCIAL, LLC 5 6.50% $21,005
ONY GLO, INC. 5 6.33% $15,211
Sierra Pacific Mortgage Company, Inc. 5 5.95% $6,226
HOMEAMERICAN MORTGAGE CORPORATION 5 5.47% $15,357
MORTGAGE MANAGEMENT CONSULTANTS, INC. 5 6.40% $7,202
ACADEMY MORTGAGE CORPORATION 5 6.70% $18,419
Franklin Loan Corporation 4 6.41% $14,390
DRAPER AND KRAMER MORTGAGE CORP. 4 6.22% $13,457
Century Mortgage Company DBA Century Lending Company 4 5.81% $9,544
MORTGAGE CAPITAL PARTNERS, INC. 4 6.75% $16,574
LOANPAL, LLC 4 5.78% $14,846
BM Real Estate Services, Inc. 4 6.88% $6,659
Equity Prime Mortgage LLC 4 6.13% $8,133
Citizens Bank 3 5.71% $11,026
CALIBER HOME LOANS, INC. 3 5.17% $13,601
EVERETT FINANCIAL, INC. 3 6.38% $24,339
SOVEREIGN LENDING GROUP INCORPORATED 3 5.17% $26,001
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 3 5.42% $4,947
NBKC BANK 3 5.75% $10,424
Lakeview Community Capital, LLC 3 5.75% $23,262
CONTOUR MORTGAGE CORPORATION 3 6.21% $24,517
NETWORK CAPITAL FUNDING CORPORATION 3 5.96% $22,927
Prosperity Home Mortgage, LLC 3 5.88% $18,141
PREMIA MORTGAGE, LLC 2 6.50% $5,172
POINT Mortgage 2 6.63% $14,858
PNC Bank 2 5.94% $16,061
LAKEVIEW LOAN SERVICING, LLC 2 6.19% $28,557
The Loan Store, Inc. 2 6.13% $15,975
SECURITYNATIONAL MORTGAGE COMPANY 2 6.88% $36,868
VERITAS FUNDING, LLC 2 6.69% $19,541
Magnolia Bank 2 5.94% $23,869
MASON MCDUFFIE MORTGAGE CORPORATION 2 6.94% $39,228
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 6.81% $6,550
BAY EQUITY LLC 2 7.38% $16,437
Mid-Continent Funding, Inc. 2 5.75% $13,840
BNC National Bank 2 5.81% $5,413
Armed Forces Bank 2 5.56% $22,411
ML Mortgage Corp. 2 6.44% $8,508
Nations Lending Corporation 2 5.75% $3,518
Barrington Bank & Trust Company, N.A. 2 6.50% $19,337
GENEVA FINANCIAL, LLC 2 7.13% $12,810
First Federal Bank 2 6.38% $9,697
iCore Lending, Inc. 2 5.81% $15,121
AHL FUNDING 2 7.63% $3,307
SUMMIT FUNDING, INC. 2 6.19% $5,972
Hometown Equity Mortgage, LLC 2 6.31% $13,057
Strong Home Mortgage, LLC 2 6.25% $13,252
FIRST CENTENNIAL MORTGAGE CORPORATION 2 6.38% $14,541
AmeriHome Mortgage Company, LLC 2 5.88% $9,769
MORTGAGEONE, INC. 1 7.63% $8,100
AMERICAN FINANCIAL RESOURCES, INC. 1 5.88% $39,569
AMERICAN INTERNET MORTGAGE, INC. 1 5.00% $12,674
AMERITRUST MORTGAGE CORPORATION 1 6.99% $16,013
Arvest Bank 1 6.38% $3,822
BELEM SERVICING LLC 1 5.25% $19,506
BRIDGELOCK CAPITAL 1 6.50% $5,489
CALCON MUTUAL MORTGAGE LLC 1 6.75% $3,168
CAMPOS FINANCIAL CORP. 1 6.25% $7,589
Capital Bank 1 6.13% $4,743
CITYWIDE HOME LOANS, LLC 1 6.25% $1,743
Cornerstone First Mortgage, Inc 1 5.75% $39,682
CORNERSTONE HOME LENDING, INC. 1 7.75% $9,376
CUSTOMER SERVICE MORTGAGE CORPORATION 1 6.75% $9,490
DATA MORTGAGE, INC. 1 7.00% $18,412
DIGNIFIED HOME LOANS, LLC 1 5.88% $15,134
ENVOY MORTGAGE, LTD 1 5.75% $17,548
Evolve Bank & Trust 1 6.50% $22,406
FBC MORTGAGE, LLC 1 6.75% $9,174
FIRST NATIONS HOME FINANCE CORPORATION 1 5.75% $11,647
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.63% $7,335
GoPrime Mortgage, Inc. 1 6.00% $27,963
HOME APPROVALS DIRECT, INC. 1 7.25% $33,769
HomePromise Corporation 1 7.88% $21,813
HOMESIDE FINANCIAL, LLC 1 5.75% $4,204
HOMESTEAD FUNDING CORP. 1 6.00% $2,888
INTERCAP LENDING INC. 1 5.75% $29,175
INTERNATIONAL CITY MORTGAGE, INC. 1 6.75% $19,567
JMAC LENDING, INC. 1 5.50% $16,015
Leaders Credit Union 1 6.25% $9,244
Meridian Bank Corporation 1 6.63% $17,459
MICHIGAN MUTUAL, INC. 1 6.63% $18,490
MK LENDING CORP. 1 6.00% $6,114
MLD MORTGAGE INC. 1 6.13% $29,220
NATIONWIDE MORTGAGE BANKERS, INC. 1 5.63% $24,366
Northpointe Bank 1 6.25% $7,715
NuVision Federal Credit Union 1 7.25% $5,061
ON Q FINANCIAL, INC. 1 6.25% $6,404
OPEN MORTGAGE, LLC 1 5.25% $23,927
PANORAMA MORTGAGE GROUP, LLC 1 5.63% $5,249
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $7,963
PRIMUS LENDING CORP. 1 7.50% $19,769
PULTE MORTGAGE LLC 1 6.63% $13,799
SIMPLIFI MORTGAGE, LLC 1 6.63% $26,328
Sunflower Bank 1 6.63% $21,771
TJC Mortgage, Inc. 1 5.75% $26,398
UNION HOME MORTGAGE CORP. 1 7.13% $22,987
UNITED 1 7.75% $6,637
VISION ONE MORTGAGE, INC. 1 6.75% $16,559

The top Los Angeles VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 405 VA loans originated. Their average total fees are $15,114, which is $819 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Los Angeles VA lenders (with over 10 loans originated) are JPMorgan Chase Bank ($9,223), PENTAGON FEDERAL CREDIT UNION ($9,425), PLAZA HOME MORTGAGE, INC. ($10,715), Mortgage Research Center, LLC ($11,694) and USAA Federal Savings Bank ($11,773).

The lowest rate Los Angeles VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.74%), KBHS HOME LOANS, LLC (5.83%), NAVY FEDERAL CREDIT UNION (5.85%), LOANDEPOT.COM, LLC (5.85%) and PENTAGON FEDERAL CREDIT UNION (5.86%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Los Angeles (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 $778,250 (9.7%) $1,736,109 (14.6%) 2.89 12,707
2018-02-01 $789,250 (7.8%) $1,725,422 (11.2%) 2.87 13,760
2018-03-01 $799,900 (5.8%) $1,721,029 (6.8%) 2.81 14,581
2018-04-01 $825,000 (6.5%) $1,701,177 (4.8%) 2.80 15,990
2018-05-01 $824,450 (4.0%) $1,701,830 (4.0%) 2.75 17,287
2018-06-01 $820,000 (4.3%) $1,686,096 (3.7%) 2.73 18,772
2018-07-01 $799,975 (2.7%) $1,651,202 (2.9%) 2.67 20,303
2018-08-01 $784,450 (2.0%) $1,584,507 (-1.3%) 2.63 21,229
2018-09-01 $769,200 (0.0%) $1,559,038 (-3.0%) 2.59 22,128
2018-10-01 $762,500 (-0.5%) $1,557,399 (-4.8%) 2.58 22,809
2018-11-01 $753,500 (-2.1%) $1,549,112 (-6.8%) 2.55 22,803
2018-12-01 $749,000 (-3.7%) $1,569,232 (-9.7%) 2.58 20,248
2019-01-01 $741,250 (-4.8%) $1,567,544 (-9.7%) 2.56 18,975
2019-02-01 $749,450 (-5.0%) $1,602,138 (-7.2%) 2.53 19,541
2019-03-01 $770,571 (-3.7%) $1,632,577 (-5.1%) 2.52 19,909
2019-04-01 $798,500 (-3.2%) $1,651,006 (-3.0%) 2.54 20,307
2019-05-01 $805,000 (-2.4%) $1,679,919 (-1.3%) 2.52 21,469
2019-06-01 $825,000 (0.6%) $1,677,961 (-0.5%) 2.58 21,739
2019-07-01 $829,950 (3.8%) $1,689,244 (2.3%) 2.60 22,092
2019-08-01 $836,091 (6.6%) $1,703,724 (7.5%) 2.65 21,517
2019-09-01 $837,727 (8.9%) $1,727,508 (10.8%) 2.68 20,560
2019-10-01 $836,818 (9.8%) $1,750,108 (12.4%) 2.70 19,670
2019-11-01 $835,000 (10.8%) $1,809,403 (16.8%) 2.74 17,777
2019-12-01 $845,000 (12.8%) $1,896,057 (20.8%) 2.82 14,152
2020-01-01 $849,000 (14.5%) $1,956,413 (24.8%) 2.84 12,822
2020-02-01 $889,000 (18.6%) $1,993,912 (24.5%) 2.91 12,891
2020-03-01 $908,500 (17.9%) $2,004,105 (22.8%) 2.85 12,818
2020-04-01 $855,000 (7.1%) $1,829,547 (10.8%) 2.68 13,319
2020-05-01 $875,000 (8.7%) $1,820,358 (8.4%) 2.66 15,151
2020-06-01 $917,000 (11.2%) $1,918,493 (14.3%) 2.70 15,155
2020-07-01 $947,000 (14.1%) $2,002,816 (18.6%) 2.74 14,649
2020-08-01 $950,000 (13.6%) $2,039,166 (19.7%) 2.72 14,426
2020-09-01 $949,475 (13.3%) $2,019,469 (16.9%) 2.72 14,549
2020-10-01 $949,500 (13.5%) $2,028,867 (15.9%) 2.72 14,837
2020-11-01 $949,500 (13.7%) $2,057,568 (13.7%) 2.78 14,197
2020-12-01 $949,450 (12.4%) $2,167,504 (14.3%) 2.82 12,032
2021-01-01 $950,000 (11.9%) $2,271,561 (16.1%) 2.84 10,268
2021-02-01 $969,000 (9.0%) $2,348,451 (17.8%) 2.82 9,944
2021-03-01 $970,000 (6.8%) $2,318,254 (15.7%) 2.75 9,753
2021-04-01 $974,900 (14.0%) $2,285,206 (24.9%) 2.64 9,783
2021-05-01 $975,000 (11.4%) $2,295,012 (26.1%) 2.59 9,725
2021-06-01 $966,450 (5.4%) $2,268,343 (18.2%) 2.54 10,226
2021-07-01 $949,999 (0.3%) $2,184,845 (9.1%) 2.51 11,067
2021-08-01 $921,223 (-3.0%) $2,131,113 (4.5%) 2.46 11,122
2021-09-01 $912,100 (-3.9%) $2,120,682 (5.0%) 2.43 10,569
2021-10-01 $925,000 (-2.6%) $2,167,961 (6.9%) 2.47 10,089
2021-11-01 $910,000 (-4.2%) $2,219,415 (7.9%) 2.43 8,871
2021-12-01 $909,725 (-4.2%) $2,347,834 (8.3%) 2.46 7,097
2022-01-01 $920,000 (-3.2%) $2,487,238 (9.5%) 2.49 6,105
2022-02-01 $949,000 (-2.1%) $2,520,710 (7.3%) 2.47 6,506
2022-03-01 $975,000 (0.5%) $2,457,614 (6.0%) 2.44 6,938
2022-04-01 $980,000 (0.5%) $2,351,919 (2.9%) 2.34 7,541
2022-05-01 $992,875 (1.8%) $2,244,648 (-2.2%) 2.27 10,013
2022-06-01 $996,500 (3.1%) $2,152,828 (-5.1%) 2.22 11,978
2022-07-01 $970,000 (2.1%) $2,020,230 (-7.5%) 2.19 14,723
2022-08-01 $950,000 (3.1%) $1,962,449 (-7.9%) 2.20 15,038
2022-09-01 $949,450 (4.1%) $1,976,198 (-6.8%) 2.22 14,466
2022-10-01 $940,000 (1.6%) $1,966,289 (-9.3%) 2.21 14,600
2022-11-01 $933,944 (2.6%) $2,000,023 (-9.9%) 2.25 14,345
2022-12-01 $935,000 (2.8%) $2,089,747 (-11.0%) 2.31 12,280
2023-01-01 $938,458 (2.0%) $2,182,624 (-12.3%) 2.32 10,562
2023-02-01 $973,500 (2.6%) $2,408,638 (-4.5%) 2.35 9,824
2023-03-01 $999,500 (2.5%) $2,533,452 (3.1%) 2.36 9,240
2023-04-01 $1,099,999 (12.2%) $2,633,826 (12.0%) 2.56 8,852
2023-05-01 $1,150,444 (15.9%) $2,688,545 (19.8%) 2.61 9,039
2023-06-01 $1,169,975 (17.4%) $2,665,519 (23.8%) 2.63 9,471
2023-07-01 $1,195,000 (23.2%) $2,668,863 (32.1%) 2.72 9,990
2023-08-01 $1,162,500 (22.4%) $2,581,695 (31.6%) 2.67 10,503
2023-09-01 $1,175,000 (23.8%) $2,578,895 (30.5%) 2.74 10,611
2023-10-01 $1,159,000 (23.3%) $2,526,260 (28.5%) 2.73 11,224
2023-11-01 $1,150,000 (23.1%) $2,552,219 (27.6%) 2.74 11,424
2023-12-01 $1,100,000 (17.7%) $2,601,702 (24.5%) 2.68 10,044
2024-01-01 $1,100,000 (17.2%) $2,663,478 (22.0%) 2.69 9,158
2024-02-01 $1,137,000 (16.8%) $2,700,737 (12.1%) 2.74 9,411
2024-03-01 $1,150,000 (15.1%) $2,683,379 (5.9%) 2.71 9,736
2024-04-01 $1,192,000 (8.4%) $2,670,091 (1.4%) 2.77 10,595
2024-05-01 $1,248,400 (8.5%) $2,788,625 (3.7%) 2.82 11,795
Los Angeles's median listing price for 2024-05-01 was $1,248,400, a difference of $97,956 (8.5%) versus the prior year and $56,400 versus the prior month.

Los Angeles's median listing price comes in at 282% of the national average.

Los Angeles's average listing price for 2024-05-01 was $2,788,625, a difference of $100,080 (3.7%) versus the prior year and $118,534 versus the prior month.

For the 2024-05-01 period, Los Angeles had 11,795 MLS listings, a difference of 1,200 listings (11%) versus the prior month and 2,756 listings (30%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Los Angeles (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 46 days 1,865 sqft
2018-02-01 30 days 1,876 sqft
2018-03-01 31 days 1,888 sqft
2018-04-01 31 days 1,907 sqft
2018-05-01 30 days 1,913 sqft
2018-06-01 32 days 1,906 sqft
2018-07-01 35 days 1,898 sqft
2018-08-01 37 days 1,849 sqft
2018-09-01 39 days 1,819 sqft
2018-10-01 41 days 1,798 sqft
2018-11-01 44 days 1,778 sqft
2018-12-01 54 days 1,766 sqft
2019-01-01 57 days 1,750 sqft
2019-02-01 40 days 1,756 sqft
2019-03-01 41 days 1,795 sqft
2019-04-01 43 days 1,830 sqft
2019-05-01 43 days 1,857 sqft
2019-06-01 45 days 1,875 sqft
2019-07-01 47 days 1,889 sqft
2019-08-01 48 days 1,883 sqft
2019-09-01 50 days 1,875 sqft
2019-10-01 51 days 1,865 sqft
2019-11-01 53 days 1,861 sqft
2019-12-01 64 days 1,860 sqft
2020-01-01 64 days 1,864 sqft
2020-02-01 44 days 1,901 sqft
2020-03-01 44 days 1,920 sqft
2020-04-01 51 days 1,830 sqft
2020-05-01 59 days 1,843 sqft
2020-06-01 48 days 1,870 sqft
2020-07-01 46 days 1,884 sqft
2020-08-01 44 days 1,873 sqft
2020-09-01 45 days 1,853 sqft
2020-10-01 45 days 1,840 sqft
2020-11-01 50 days 1,823 sqft
2020-12-01 62 days 1,814 sqft
2021-01-01 63 days 1,808 sqft
2021-02-01 43 days 1,800 sqft
2021-03-01 39 days 1,799 sqft
2021-04-01 40 days 1,807 sqft
2021-05-01 38 days 1,805 sqft
2021-06-01 36 days 1,786 sqft
2021-07-01 35 days 1,760 sqft
2021-08-01 36 days 1,725 sqft
2021-09-01 39 days 1,718 sqft
2021-10-01 38 days 1,720 sqft
2021-11-01 43 days 1,714 sqft
2021-12-01 49 days 1,714 sqft
2022-01-01 45 days 1,694 sqft
2022-02-01 30 days 1,700 sqft
2022-03-01 30 days 1,722 sqft
2022-04-01 29 days 1,732 sqft
2022-05-01 29 days 1,729 sqft
2022-06-01 31 days 1,737 sqft
2022-07-01 33 days 1,703 sqft
2022-08-01 41 days 1,701 sqft
2022-09-01 47 days 1,704 sqft
2022-10-01 47 days 1,702 sqft
2022-11-01 51 days 1,702 sqft
2022-12-01 61 days 1,713 sqft
2023-01-01 68 days 1,704 sqft
2023-02-01 52 days 1,737 sqft
2023-03-01 46 days 1,757 sqft
2023-04-01 44 days 1,792 sqft
2023-05-01 39 days 1,815 sqft
2023-06-01 39 days 1,832 sqft
2023-07-01 41 days 1,854 sqft
2023-08-01 41 days 1,835 sqft
2023-09-01 45 days 1,830 sqft
2023-10-01 44 days 1,813 sqft
2023-11-01 47 days 1,809 sqft
2023-12-01 54 days 1,789 sqft
2024-01-01 57 days 1,784 sqft
2024-02-01 40 days 1,795 sqft
2024-03-01 42 days 1,800 sqft
2024-04-01 39 days 1,817 sqft
2024-05-01 33 days 1,845 sqft
Los Angeles's median listing age (time on market) for 2024-05-01 was 33 days. This is -14% shorter than the same period one year ago.

Los Angeles's median square footage for active listings during the 2024-05-01 period was 1,845 sqft. One year prior, the average listing was 1,815 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.