North Port VA Loan Rates, Closing Costs & Stats

North Port-Sarasota-Bradenton, 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.

North Port's 183 lenders originated 1,738 VA loans during 2022. The total origination value was $725,730,000, with an average VA loan value of $417,566.

North Port VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in North Port averaged 6.22% for the week of 2023-05-26, compared to the national average (all VA variants) of 6.408% for the same period.

North Port's average VA mortgage closing costs are $7,079.

The average rate for the prior week (2023-05-19) was 6.04% and one month ago for the week of 2023-04-21, the average rate was 5.97%.

The average rate one year ago was 5.04%.

For refis of the same type during the week of 2023-05-26, the average rate was 4.9%.

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

North Port 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 North Port level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 137 4.86% $11,540
UNITED WHOLESALE MORTGAGE, LLC 125 4.12% $11,860
QUICKEN LOANS, LLC 116 3.92% $14,386
FREEDOM MORTGAGE CORPORATION 78 4.09% $12,183
LOANDEPOT.COM, LLC 69 3.87% $14,557
NAVY FEDERAL CREDIT UNION 66 3.56% $9,289
DHI MORTGAGE COMPANY, LTD. 52 4.63% $11,372
South Pacific Financial Corporation 42 4.62% $13,478
PENNYMAC LOAN SERVICES, LLC 41 3.33% $13,221
NEW DAY FINANCIAL, LLC 41 4.54% $15,974
Flagstar Bank, FSB 37 4.24% $12,804
PULTE MORTGAGE LLC 37 4.53% $7,886
CALIBER HOME LOANS, INC. 36 4.61% $12,025
HOMEBRIDGE FINANCIAL SERVICES, INC. 35 4.43% $14,286
M/I FINANCIAL, LLC 33 3.89% $11,436
USAA Federal Savings Bank 32 4.27% $10,667
CROSSCOUNTRY MORTGAGE, LLC 30 4.98% $12,883
GUARANTEED RATE AFFINITY, LLC 23 4.28% $9,557
HOME POINT FINANCIAL CORPORATION 22 4.26% $12,525
NVR Mortgage Finance, Inc. 20 4.21% $10,276
The Federal Savings Bank 20 4.46% $20,209
EAGLE HOME MORTGAGE, LLC 19 4.55% $8,978
FBC MORTGAGE, LLC 18 4.80% $11,769
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 4.61% $11,027
MOVEMENT MORTGAGE, LLC 17 4.61% $13,270
FAIRWAY FUNDING GROUP, INC. 16 4.14% $11,382
PENTAGON FEDERAL CREDIT UNION 15 2.91% $9,833
LAKEVIEW LOAN SERVICING, LLC 15 3.92% $10,504
AMERISAVE MORTGAGE CORPORATION 14 4.35% $14,953
NEAL COMMUNITIES FUNDING, LLC 13 4.94% $12,803
THE MORTGAGE FIRM, INC. 13 5.03% $10,623
Bank of England 13 5.06% $16,539
GUARANTEED RATE, INC. 13 4.89% $9,870
CARDINAL FINANCIAL 13 4.11% $16,813
Mr. Cooper ( Nationstar Mortgage ) 12 3.93% $10,759
NEWREZ LLC 12 3.96% $11,630
Carrington Mortgage Services, LLC 10 4.11% $8,512
CLEARPATH LENDING 10 4.31% $13,808
KBHS HOME LOANS, LLC 9 4.79% $15,897
South State Bank 8 4.23% $7,854
BROKER SOLUTIONS, INC. 8 4.90% $11,314
North American Savings Bank, F.S.B. 7 3.73% $4,530
LAND HOME FINANCIAL SERVICES, INC. 7 4.86% $11,228
Paramount Residential Mortgage Group, Inc. 7 5.34% $20,590
VAN DYK MORTGAGE CORPORATION 7 5.09% $11,049
NFM, INC. 6 5.04% $14,475
TJC Mortgage, Inc. 6 5.08% $20,160
Wells Fargo Bank 6 3.79% $7,533
NBKC BANK 6 4.19% $12,934
Mortgage Lenders Investment Trading Corporation 6 4.54% $5,378
Mid-Continent Funding, Inc. 6 4.67% $12,153
MATTAMY HOME FUNDING, LLC 6 3.94% $8,455
DAS Acquisition Company, LLC 6 5.67% $10,086
AMERICAN PACIFIC MORTGAGE CORPORATION 5 5.60% $10,484
Truist 5 3.68% $9,093
VILLAGE CAPITAL MORTGAGE 5 4.10% $10,205
EMBRACE HOME LOANS, INC. 5 4.45% $19,199
MUTUAL OF OMAHA MORTGAGE, INC. 5 4.73% $11,424
Lakeview Community Capital, LLC 5 2.97% $7,652
Equity Prime Mortgage LLC 5 5.85% $11,008
SUN WEST MORTGAGE COMPANY, INC. 5 3.42% $15,369
NETWORK CAPITAL FUNDING CORPORATION 4 3.84% $9,455
PLANET HOME LENDING, LLC 4 3.59% $5,024
EQUITY RESOURCES, INC. 4 3.66% $10,187
INLANTA MORTGAGE, INC. 4 4.06% $12,404
Northpointe Bank 4 3.81% $13,923
HOMESIDE FINANCIAL, LLC 4 4.50% $16,327
AMERIFIRST FINANCIAL CORPORATION 4 5.22% $14,600
First Federal Bank 4 4.56% $12,596
Strong Home Mortgage, LLC 3 3.54% $5,122
The Central Trust Bank 3 4.63% $8,849
Barrington Bank & Trust Company, N.A. 3 3.96% $5,619
DRAPER AND KRAMER MORTGAGE CORP. 3 4.92% $5,447
Citizens Bank 3 4.04% $15,352
LOANPAL, LLC 3 3.13% $12,758
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 5.04% $10,503
PNC Bank 3 5.13% $6,907
Plains Commerce Bank 3 4.54% $10,241
PARK SQUARE HOME MORTGAGE, LLC 3 5.38% $15,501
Christensen Financial, Inc. 2 4.69% $5,112
Acre Mortgage and Financial Inc 2 5.00% $9,326
AMERICAN FINANCING CORPORATION 2 2.93% $16,610
Armed Forces Bank 2 3.69% $11,796
Atlantic Coast Mortgage, LLC 2 3.50% $5,000
ACADEMY MORTGAGE CORPORATION 2 4.25% $26,510
CMG MORTGAGE, INC. 2 2.93% $14,183
CONTOUR MORTGAGE CORPORATION 2 3.50% $11,110
Credence Funding Corporation 2 3.56% $6,014
EMM LOANS LLC 2 4.81% $19,042
FIRST CENTENNIAL MORTGAGE CORPORATION 2 5.44% $9,731
First Guaranty Mortgage Corporation 2 3.94% $8,170
First Heritage Mortgage, LLC 2 6.19% $11,437
First Home Bank 2 4.56% $8,453
GENEVA FINANCIAL, LLC 2 4.06% $21,266
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 3.94% $7,669
HOME SOLUTION LENDERS INC. 2 4.06% $6,363
HOMESTEAD FUNDING CORP. 2 3.38% $17,093
LADERA LENDING, INC. 2 4.50% $21,550
Low VA Rates, LLC 2 5.00% $15,571
PLAZA HOME MORTGAGE, INC. 2 3.06% $16,331
PREMIA MORTGAGE, LLC 2 3.50% $7,692
PREMIER MORTGAGE RESOURCES, L.L.C. 2 4.06% $9,849
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.06% $12,486
Regions Bank 2 4.75% $8,708
S1L, Inc. 2 5.31% $8,172
Sierra Pacific Mortgage Company, Inc. 2 4.56% $7,474
T2 FINANCIAL LLC 2 3.94% $96,141
U.S. Bank 2 5.81% $9,712
VANDERBILT MORTGAGE AND FINANCE, INC. 2 5.06% $5,382
Waterstone Mortgage Corporation 2 4.81% $13,219
Wyndham Capital Mortgage, Inc. 2 3.88% $4,099
HOMESTAR FINANCIAL CORPORATION 1 2.25% $2,451
NJ LENDERS CORP. 1 3.13% $10,323
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.13% $5,774
GUILD MORTGAGE COMPANY 1 5.13% $9,039
NP, Inc. 1 2.88% $14,074
GREENSTATE CREDIT UNION 1 5.25% $10,664
OAKTREE FUNDING CORP. 1 5.75% $9,390
Old National Bank 1 3.25% $13,040
ON Q FINANCIAL, INC. 1 7.25% $7,493
Gateway First Bank 1 5.75% $11,143
Florida Capital Bank 1 3.63% $42,602
First Mortgage Solutions, LLC 1 2.25% $3,557
FIRST MORTGAGE COMPANY, INC. 1 5.13% $4,859
Peoples Bank 1 4.63% $28,360
First Horizon Bank 1 4.88% $19,846
FIRST HOME MORTGAGE CORPORATION 1 4.75% $18,736
CALCON MUTUAL MORTGAGE LLC 1 5.75% $12,912
FINANCE OF AMERICA MORTGAGE LLC 1 3.99% $547
UNIVERSAL LENDING CORPORATION 1 5.50% $7,904
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.63% $7,449
Presidential Bank, FSB 1 3.63% $18,911
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 4.88% $13,507
ZILLOW HOME LOANS, LLC 1 4.75% $7,327
FIDELITY FUNDING MORTGAGE CORP. 1 4.75% $19,354
EVERETT FINANCIAL, INC. 1 4.50% $38,655
Raymond James Bank 1 5.13% $11,939
ALLIED MORTGAGE GROUP, INC. 1 5.63% $20,771
RELIANCE FIRST CAPITAL, LLC 1 5.25% $8,800
RESIDENTIAL BANCORP. 1 2.25% $3,063
RESOURCE FINANCIAL SERVICES, INC. 1 6.63% $3,703
ROYAL UNITED MORTGAGE LLC 1 4.75% $22,879
American Security Mortgage Corp. 1 3.75% $4,811
SECURITYNATIONAL MORTGAGE COMPANY 1 3.13% $10,681
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.25% $3,077
SIWELL, INC. 1 2.38% $2,849
SOUTHERN TRUST MORTGAGE, LLC 1 3.50% $5,006
DATA MORTGAGE, INC. 1 6.13% $23,796
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 2.88% $12,403
SOUTHWEST FUNDING, LP 1 3.75% $9,585
SOVEREIGN LENDING GROUP INCORPORATED 1 4.25% $10,341
Stifel Bank and Trust 1 2.50% $10,073
STOCKTON MORTGAGE CORPORATION 1 6.00% $7,078
CORNERSTONE HOME LENDING, INC. 1 5.25% $12,034
SUCCESS MORTGAGE PARTNERS, INC. 1 5.13% $17,010
COMMUNITY MORTGAGE CORPORATION 1 3.50% $5,295
Synovus Bank 1 4.75% $9,023
VYSTAR 1 5.25% $0
TBI MORTGAGE COMPANY 1 3.63% $10,174
Texana Bank 1 3.25% $32,762
Community First National Bank 1 4.75% $24,221
CHURCHILL MORTGAGE CORPORATION 1 5.50% $10,983
The Huntington National Bank 1 3.88% $3,090
CHERRY CREEK MORTGAGE, LLC 1 4.63% $24,715
Century Mortgage Company DBA Century Lending Company 1 4.63% $0
TOP FLITE FINANCIAL, INC. 1 4.88% $31,663
TOTAL MORTGAGE SERVICES, LLC 1 5.25% $6,843
Centennial Bank 1 3.25% $5,234
UNION CAPITAL MORTGAGE CORPORATION 1 5.63% $50,430
UNION HOME MORTGAGE CORP. 1 2.25% $13,781
UNITED MORTGAGE CORP. 1 2.50% $10,033
M&T Bank 1 2.50% $6,979
MILEND, INC. 1 5.13% $17,371
Nations Lending Corporation 1 5.00% $11,781
NATIONWIDE MORTGAGE BANKERS, INC. 1 5.63% $54,586
MEGASTAR FINANCIAL CORP. 1 4.13% $19,714
NBH Bank 1 4.25% $13,168
JPMorgan Chase Bank 1 6.25% $500
INTELLILOAN, INC. 1 5.25% $29,947
INSPIRE HOME LOANS INC. 1 3.25% $5,830
Independent Bank 1 5.75% $3,301
Hometown Lenders, Inc. 1 5.63% $6,314
NexBank 1 3.25% $10,912

The top North Port VA lender as defined by loan originations is Mortgage Research Center, LLC, with 137 VA loans originated. Their average total fees are $11,540, which is $321 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee North Port VA lenders (with over 10 loans originated) are PULTE MORTGAGE LLC ($7,886), Carrington Mortgage Services, LLC ($8,512), EAGLE HOME MORTGAGE, LLC ($8,978), NAVY FEDERAL CREDIT UNION ($9,289) and GUARANTEED RATE AFFINITY, LLC ($9,557).

The lowest rate North Port VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (2.91%), PENNYMAC LOAN SERVICES, LLC (3.33%), NAVY FEDERAL CREDIT UNION (3.56%), LOANDEPOT.COM, LLC (3.87%) and M/I FINANCIAL, LLC (3.89%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - North Port (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 $352,500 (-2.6%) $580,897 (-6.2%) 1.31 7,765
2018-02-01 $354,950 (-1.9%) $585,162 (-5.1%) 1.29 8,279
2018-03-01 $350,950 (-2.5%) $584,585 (-4.5%) 1.23 8,298
2018-04-01 $350,000 (-3.3%) $584,611 (-4.5%) 1.19 8,079
2018-05-01 $357,000 (-0.8%) $592,572 (-3.0%) 1.19 7,723
2018-06-01 $359,900 (-0.5%) $600,007 (-1.1%) 1.20 7,338
2018-07-01 $364,625 (1.3%) $609,870 (1.3%) 1.22 7,056
2018-08-01 $359,556 (2.7%) $610,476 (3.4%) 1.20 6,805
2018-09-01 $350,000 (0.0%) $590,581 (0.5%) 1.18 6,811
2018-10-01 $354,792 (1.4%) $595,651 (2.0%) 1.20 7,077
2018-11-01 $350,000 (0.0%) $599,091 (3.0%) 1.19 7,767
2018-12-01 $349,900 (0.0%) $598,304 (3.0%) 1.21 8,209
2019-01-01 $350,000 (-0.7%) $595,425 (2.5%) 1.21 8,774
2019-02-01 $352,250 (-0.8%) $596,325 (1.9%) 1.19 9,204
2019-03-01 $350,000 (-0.3%) $592,429 (1.3%) 1.17 9,212
2019-04-01 $360,937 (3.1%) $605,378 (3.6%) 1.15 8,704
2019-05-01 $364,614 (2.1%) $610,497 (3.0%) 1.14 7,985
2019-06-01 $369,250 (2.6%) $616,789 (2.8%) 1.15 7,430
2019-07-01 $369,000 (1.2%) $617,389 (1.2%) 1.16 6,948
2019-08-01 $369,900 (2.9%) $616,720 (1.0%) 1.16 6,612
2019-09-01 $367,496 (5.0%) $613,480 (3.9%) 1.16 6,001
2019-10-01 $363,633 (2.5%) $610,079 (2.4%) 1.17 6,575
2019-11-01 $369,000 (5.4%) $621,084 (3.7%) 1.21 6,858
2019-12-01 $370,925 (6.0%) $631,504 (5.6%) 1.24 6,893
2020-01-01 $369,995 (5.7%) $635,966 (6.8%) 1.24 7,066
2020-02-01 $371,178 (5.4%) $648,253 (8.7%) 1.22 7,267
2020-03-01 $371,250 (6.1%) $642,165 (8.4%) 1.16 7,363
2020-04-01 $357,200 (-1.0%) $616,814 (1.9%) 1.12 7,078
2020-05-01 $359,300 (-1.5%) $623,665 (2.2%) 1.09 6,499
2020-06-01 $365,000 (-1.2%) $651,404 (5.6%) 1.08 5,762
2020-07-01 $369,824 (0.2%) $660,814 (7.0%) 1.07 5,233
2020-08-01 $372,000 (0.6%) $659,178 (6.9%) 1.07 4,846
2020-09-01 $374,950 (2.0%) $672,728 (9.7%) 1.07 4,479
2020-10-01 $375,000 (3.1%) $687,924 (12.8%) 1.07 4,355
2020-11-01 $375,000 (1.6%) $700,528 (12.8%) 1.10 4,042
2020-12-01 $379,000 (2.2%) $710,953 (12.6%) 1.13 3,681
2021-01-01 $382,199 (3.3%) $752,068 (18.3%) 1.14 3,103
2021-02-01 $393,714 (6.1%) $819,134 (26.4%) 1.14 2,236
2021-03-01 $415,000 (11.8%) $830,742 (29.4%) 1.18 1,725
2021-04-01 $422,045 (18.2%) $854,438 (38.5%) 1.14 1,518
2021-05-01 $425,000 (18.3%) $881,351 (41.3%) 1.13 1,415
2021-06-01 $445,841 (22.2%) $916,686 (40.7%) 1.17 1,395
2021-07-01 $455,000 (23.0%) $930,294 (40.8%) 1.20 1,495
2021-08-01 $464,431 (24.9%) $945,272 (43.4%) 1.24 1,557
2021-09-01 $476,678 (27.1%) $945,157 (40.5%) 1.27 1,609
2021-10-01 $496,138 (32.3%) $988,653 (43.7%) 1.32 1,575
2021-11-01 $507,500 (35.3%) $1,032,255 (47.4%) 1.36 1,480
2021-12-01 $512,450 (35.2%) $1,085,201 (52.6%) 1.39 1,392
2022-01-01 $534,680 (39.9%) $1,195,050 (58.9%) 1.45 1,142
2022-02-01 $556,706 (41.4%) $1,254,482 (53.2%) 1.45 1,108
2022-03-01 $575,248 (38.6%) $1,268,277 (52.7%) 1.44 1,224
2022-04-01 $595,990 (41.2%) $1,255,000 (46.9%) 1.42 1,522
2022-05-01 $599,450 (41.1%) $1,185,750 (34.5%) 1.37 2,014
2022-06-01 $599,000 (34.4%) $1,153,859 (25.9%) 1.33 2,643
2022-07-01 $584,990 (28.6%) $1,065,617 (14.6%) 1.32 3,348
2022-08-01 $556,300 (19.8%) $1,006,450 (6.5%) 1.28 3,601
2022-09-01 $548,500 (15.1%) $965,532 (2.2%) 1.28 3,578
2022-10-01 $539,900 (8.8%) $961,004 (-2.8%) 1.27 3,466
2022-11-01 $527,313 (3.9%) $965,674 (-6.5%) 1.27 3,822
2022-12-01 $525,000 (2.5%) $991,293 (-8.7%) 1.30 3,885
2023-01-01 $539,950 (1.0%) $1,040,522 (-12.9%) 1.34 4,101
2023-02-01 $539,474 (-3.1%) $1,063,513 (-15.2%) 1.30 4,370
2023-03-01 $547,450 (-4.8%) $1,078,942 (-14.9%) 1.29 4,597
2023-04-01 $549,900 (-7.7%) $1,070,954 (-14.7%) 1.28 4,700
North Port's median listing price for 2023-04-01 was $549,900, a difference of $-46,090 (-7.7%) versus the prior year and $2,450 versus the prior month.

North Port's median listing price comes in at 128% of the national average.

North Port's average listing price for 2023-04-01 was $1,070,954, a difference of $-184,046 (-14.7%) versus the prior year and $-7,988 versus the prior month.

For the 2023-04-01 period, North Port had 4,700 MLS listings, a difference of 103 listings (2%) versus the prior month and 3,178 listings (209%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - North Port (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 79 days 1,847 sqft
2018-02-01 73 days 1,857 sqft
2018-03-01 66 days 1,858 sqft
2018-04-01 74 days 1,857 sqft
2018-05-01 80 days 1,863 sqft
2018-06-01 86 days 1,873 sqft
2018-07-01 89 days 1,882 sqft
2018-08-01 91 days 1,885 sqft
2018-09-01 88 days 1,865 sqft
2018-10-01 84 days 1,867 sqft
2018-11-01 76 days 1,852 sqft
2018-12-01 75 days 1,834 sqft
2019-01-01 80 days 1,828 sqft
2019-02-01 80 days 1,835 sqft
2019-03-01 78 days 1,835 sqft
2019-04-01 82 days 1,838 sqft
2019-05-01 88 days 1,840 sqft
2019-06-01 93 days 1,849 sqft
2019-07-01 93 days 1,856 sqft
2019-08-01 98 days 1,856 sqft
2019-09-01 95 days 1,852 sqft
2019-10-01 86 days 1,846 sqft
2019-11-01 75 days 1,856 sqft
2019-12-01 76 days 1,857 sqft
2020-01-01 79 days 1,853 sqft
2020-02-01 74 days 1,861 sqft
2020-03-01 68 days 1,853 sqft
2020-04-01 77 days 1,826 sqft
2020-05-01 90 days 1,818 sqft
2020-06-01 100 days 1,817 sqft
2020-07-01 96 days 1,828 sqft
2020-08-01 72 days 1,816 sqft
2020-09-01 65 days 1,818 sqft
2020-10-01 60 days 1,811 sqft
2020-11-01 61 days 1,784 sqft
2020-12-01 64 days 1,769 sqft
2021-01-01 66 days 1,774 sqft
2021-02-01 58 days 1,754 sqft
2021-03-01 46 days 1,773 sqft
2021-04-01 39 days 1,766 sqft
2021-05-01 38 days 1,752 sqft
2021-06-01 36 days 1,758 sqft
2021-07-01 36 days 1,759 sqft
2021-08-01 37 days 1,784 sqft
2021-09-01 38 days 1,769 sqft
2021-10-01 38 days 1,791 sqft
2021-11-01 41 days 1,811 sqft
2021-12-01 61 days 1,786 sqft
2022-01-01 44 days 1,795 sqft
2022-02-01 32 days 1,794 sqft
2022-03-01 30 days 1,815 sqft
2022-04-01 26 days 1,831 sqft
2022-05-01 28 days 1,836 sqft
2022-06-01 30 days 1,848 sqft
2022-07-01 35 days 1,839 sqft
2022-08-01 44 days 1,832 sqft
2022-09-01 51 days 1,825 sqft
2022-10-01 59 days 1,830 sqft
2022-11-01 59 days 1,809 sqft
2022-12-01 56 days 1,768 sqft
2023-01-01 61 days 1,783 sqft
2023-02-01 50 days 1,789 sqft
2023-03-01 48 days 1,808 sqft
2023-04-01 51 days 1,786 sqft
North Port's median listing age (time on market) for 2023-04-01 was 51 days. This is 96% longer than the same period one year ago.

North Port's median square footage for active listings during the 2023-04-01 period was 1,786 sqft. One year prior, the average listing was 1,831 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.