Port St. Lucie VA Loan Rates, Closing Costs & Stats

PORT ST. LUCIE, 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.

Port St. Lucie's 110 lenders originated 888 VA loans during 2023. The total origination value was $352,960,000, with an average VA loan value of $397,477.

Port St. Lucie VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Port St. Lucie averaged 6.76% for the week of 2024-05-17, compared to the national average (all VA variants) of 6.502% for the same period.

Port St. Lucie's average VA mortgage closing costs are $7,153.

The average rate for the prior week (2024-05-10) was 6.86% and one month ago for the week of 2024-04-12, the average rate was 6.84%.

The average rate one year ago was 6.45%.

For refis of the same type during the week of 2024-05-17, the average rate was 7.04%.

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

Port St. Lucie 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 Port St. Lucie level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 98 6.31% $10,512
Mortgage Research Center, LLC 94 6.53% $10,967
QUICKEN LOANS, LLC 63 6.03% $13,816
LOANDEPOT.COM, LLC 57 5.98% $12,123
CROSSCOUNTRY MORTGAGE, LLC 36 6.57% $11,285
NAVY FEDERAL CREDIT UNION 34 5.77% $6,423
DHI MORTGAGE COMPANY, LTD. 27 5.18% $6,582
FREEDOM MORTGAGE CORPORATION 21 6.48% $13,466
NVR Mortgage Finance, Inc. 17 5.92% $6,631
NEW DAY FINANCIAL, LLC 16 7.48% $17,788
PULTE MORTGAGE LLC 15 5.93% $5,773
USAA Federal Savings Bank 15 6.37% $12,495
CARDINAL FINANCIAL 15 6.35% $11,081
PENNYMAC LOAN SERVICES, LLC 15 5.79% $14,867
MATTAMY HOME FUNDING, LLC 15 6.19% $9,728
EAGLE HOME MORTGAGE, LLC 13 5.47% $4,743
NEWREZ LLC 12 6.46% $10,244
EVERETT FINANCIAL, INC. 11 6.88% $14,719
MOVEMENT MORTGAGE, LLC 9 6.47% $13,721
THE MORTGAGE FIRM, INC. 9 6.72% $9,435
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 9 6.26% $9,528
FBC MORTGAGE, LLC 8 6.03% $11,147
ACOPIA, LLC 8 6.22% $9,108
VILLAGE CAPITAL MORTGAGE 8 5.75% $14,733
GUARANTEED RATE, INC. 8 6.08% $10,474
Equity Prime Mortgage LLC 8 6.94% $9,646
PLANET HOME LENDING, LLC 7 6.55% $8,289
GUARANTEED RATE AFFINITY, LLC 7 6.18% $10,017
U.S. Bank 6 6.42% $16,988
Wells Fargo Bank 6 5.60% $9,293
The Federal Savings Bank 6 6.04% $20,295
South Pacific Financial Corporation 6 5.52% $6,342
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.45% $8,289
Flagstar Bank, FSB 5 6.68% $12,769
EMM LOANS LLC 5 6.53% $20,263
Mr. Cooper ( Nationstar Mortgage ) 5 5.88% $18,386
AMERISAVE MORTGAGE CORPORATION 4 5.59% $13,070
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.66% $7,986
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 6.53% $9,909
AMERICAN FINANCIAL NETWORK, INC. 4 6.38% $12,014
CALIBER HOME LOANS, INC. 4 5.97% $10,306
BROKER SOLUTIONS, INC. 4 6.31% $10,240
Paramount Residential Mortgage Group, Inc. 4 6.59% $15,120
NFM, INC. 4 6.44% $7,749
Barrington Bank & Trust Company, N.A. 4 6.47% $12,208
BAYSHORE MORTGAGE FUNDING, LLC 3 6.63% $15,396
NBKC BANK 3 5.42% $9,694
South State Bank 3 6.25% $4,924
Plains Commerce Bank 3 6.50% $19,146
BAY EQUITY LLC 3 6.79% $19,041
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.21% $15,001
Mid-Continent Funding, Inc. 3 6.08% $16,449
MICHIGAN MUTUAL, INC. 3 6.13% $14,307
PLAZA HOME MORTGAGE, INC. 3 6.00% $10,972
PREMIA MORTGAGE, LLC 2 5.69% $889
Ameris Bank 2 5.75% $7,616
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.69% $11,162
Century Mortgage Company DBA Century Lending Company 2 6.69% $540
Citizens Bank 2 5.75% $8,512
INSPIRE HOME LOANS INC. 2 5.13% $9,201
J. VIRGIL, INC. 2 6.19% $15,915
LAKEVIEW LOAN SERVICING, LLC 2 6.19% $11,540
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.63% $8,518
PENTAGON FEDERAL CREDIT UNION 2 5.94% $14,820
PHH Mortgage Corporation 2 6.50% $10,236
PNC Bank 2 7.00% $11,686
ACADEMY MORTGAGE CORPORATION 2 6.00% $14,935
Seacoast National Bank 2 6.94% $9,954
Sierra Pacific Mortgage Company, Inc. 2 6.38% $5,252
VERITAS FUNDING, LLC 2 5.94% $26,446
Waterstone Mortgage Corporation 2 6.25% $10,731
HOMESTEAD FUNDING CORP. 1 5.75% $17,429
Northpointe Bank 1 4.88% $7,035
NOVA FINANCIAL & INVESTMENT CORPORATION 1 5.75% $13,458
HOMESIDE FINANCIAL, LLC 1 5.75% $1,518
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.13% $3,161
GoPrime Mortgage, Inc. 1 6.25% $18,003
TOP FLITE FINANCIAL, INC. 1 6.63% $28,567
Carrington Mortgage Services, LLC 1 5.13% $2,239
GENEVA FINANCIAL, LLC 1 5.63% $31,977
FIRST HOME MORTGAGE CORPORATION 1 6.75% $12,950
FIRST COMMUNITY MORTGAGE, INC. 1 6.63% $10,833
American Security Mortgage Corp. 1 5.75% $5,141
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $12,363
ENVOY MORTGAGE, LTD 1 7.25% $11,742
DRAPER AND KRAMER MORTGAGE CORP. 1 5.75% $9,355
Prosperity Home Mortgage, LLC 1 6.62% $8,296
DIRECT MORTGAGE LOANS, LLC 1 7.50% $4,526
DELMAR FINANCIAL COMPANY 1 6.63% $4,491
Regions Bank 1 5.25% $11,747
Renasant Bank 1 7.25% $4,843
Advisors Mortgage Group, L.L.C. 1 6.13% $9,212
AMERICAN BANCSHARES MORTGAGE 1 7.00% $10,195
CONTOUR MORTGAGE CORPORATION 1 6.63% $14,636
COMPASS MORTGAGE, INC. 1 6.50% $6,485
Strong Home Mortgage, LLC 1 7.25% $8,230
SUCCESS MORTGAGE PARTNERS, INC. 1 6.50% $25,667
SWBC MORTGAGE CORPORATION 1 6.75% $20,658
CMG MORTGAGE, INC. 1 7.13% $12,713
CASTLE & COOKE MORTGAGE, LLC 1 5.00% $19,701
THE MORTGAGE LINK, INC. 1 6.88% $26,105
TJC Mortgage, Inc. 1 5.75% $11,619
MLD MORTGAGE INC. 1 6.00% $13,738
Magnolia Bank 1 5.75% $15,748
NATIONS DIRECT MORTGAGE, LLC 1 6.25% $17,138
Nations Lending Corporation 1 6.25% $16,265
LEADERONE FINANCIAL CORPORATION 1 6.25% $14,754
LADERA LENDING, INC. 1 5.25% $7,017
KEESLER 1 5.00% $5,716
JPMorgan Chase Bank 1 6.99% $11,544

The top Port St. Lucie VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 98 VA loans originated. Their average total fees are $10,512, which is $455 lower than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Port St. Lucie VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($4,743), PULTE MORTGAGE LLC ($5,773), NAVY FEDERAL CREDIT UNION ($6,423), DHI MORTGAGE COMPANY, LTD. ($6,582) and NVR Mortgage Finance, Inc. ($6,631).

The lowest rate Port St. Lucie VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.18%), EAGLE HOME MORTGAGE, LLC (5.47%), NAVY FEDERAL CREDIT UNION (5.77%), PENNYMAC LOAN SERVICES, LLC (5.79%) and NVR Mortgage Finance, Inc. (5.92%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Port St. Lucie (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 $285,000 (5.3%) $522,839 (10.2%) 1.06 3,471
2018-02-01 $284,950 (4.4%) $516,912 (3.2%) 1.03 3,585
2018-03-01 $284,894 (2.3%) $526,540 (2.5%) 1.00 3,561
2018-04-01 $283,800 (2.1%) $512,496 (1.1%) 0.96 3,509
2018-05-01 $283,900 (1.4%) $506,440 (-2.9%) 0.95 3,305
2018-06-01 $284,900 (0.3%) $501,856 (-2.4%) 0.95 3,207
2018-07-01 $289,854 (1.7%) $509,253 (-3.1%) 0.97 3,147
2018-08-01 $289,900 (1.7%) $515,156 (-2.2%) 0.97 3,175
2018-09-01 $289,000 (1.4%) $510,669 (-1.1%) 0.97 3,246
2018-10-01 $289,444 (1.7%) $512,256 (-0.8%) 0.98 3,374
2018-11-01 $289,700 (0.4%) $521,254 (-3.1%) 0.98 3,607
2018-12-01 $289,000 (3.2%) $532,706 (0.9%) 1.00 3,715
2019-01-01 $287,750 (1.0%) $524,977 (0.4%) 0.99 3,941
2019-02-01 $289,444 (1.6%) $518,056 (0.2%) 0.98 4,127
2019-03-01 $289,514 (1.6%) $518,853 (-1.5%) 0.95 4,089
2019-04-01 $289,514 (2.0%) $521,926 (1.8%) 0.92 3,958
2019-05-01 $289,900 (2.1%) $507,876 (0.3%) 0.91 3,835
2019-06-01 $294,900 (3.5%) $492,037 (-2.0%) 0.92 3,714
2019-07-01 $294,175 (1.5%) $497,097 (-2.4%) 0.92 3,554
2019-08-01 $289,768 (-0.1%) $507,626 (-1.5%) 0.92 3,467
2019-09-01 $289,420 (0.2%) $510,805 (0.0%) 0.93 3,374
2019-10-01 $289,189 (-0.1%) $514,195 (0.4%) 0.93 3,338
2019-11-01 $289,900 (0.1%) $532,699 (2.2%) 0.95 3,398
2019-12-01 $289,450 (0.2%) $537,206 (0.8%) 0.97 3,470
2020-01-01 $289,000 (0.4%) $535,141 (1.9%) 0.97 3,570
2020-02-01 $289,000 (-0.2%) $522,231 (0.8%) 0.95 3,660
2020-03-01 $290,579 (0.4%) $513,251 (-1.1%) 0.91 3,649
2020-04-01 $289,900 (0.1%) $504,197 (-3.4%) 0.91 3,596
2020-05-01 $289,900 (0.0%) $515,820 (1.6%) 0.88 3,366
2020-06-01 $299,000 (1.4%) $518,099 (5.3%) 0.88 2,936
2020-07-01 $303,400 (3.1%) $525,639 (5.7%) 0.88 2,561
2020-08-01 $309,000 (6.6%) $538,084 (6.0%) 0.89 2,348
2020-09-01 $307,498 (6.3%) $551,458 (8.0%) 0.88 2,099
2020-10-01 $315,000 (8.9%) $557,823 (8.5%) 0.90 2,017
2020-11-01 $319,225 (10.1%) $575,901 (8.1%) 0.93 2,003
2020-12-01 $322,450 (11.4%) $584,482 (8.8%) 0.96 1,969
2021-01-01 $325,000 (12.5%) $628,673 (17.5%) 0.97 1,769
2021-02-01 $325,000 (12.5%) $646,918 (23.9%) 0.95 1,438
2021-03-01 $323,010 (11.2%) $682,221 (32.9%) 0.92 1,248
2021-04-01 $342,425 (18.1%) $693,066 (37.5%) 0.93 1,122
2021-05-01 $350,000 (20.7%) $716,991 (39.0%) 0.93 1,050
2021-06-01 $382,000 (27.8%) $742,234 (43.3%) 1.01 1,038
2021-07-01 $397,000 (30.9%) $727,101 (38.3%) 1.05 1,077
2021-08-01 $398,913 (29.1%) $710,059 (32.0%) 1.06 1,125
2021-09-01 $399,848 (30.0%) $722,208 (31.0%) 1.07 1,138
2021-10-01 $414,900 (31.7%) $718,254 (28.8%) 1.11 1,105
2021-11-01 $422,450 (32.3%) $689,838 (19.8%) 1.13 1,057
2021-12-01 $425,000 (31.8%) $760,405 (30.1%) 1.15 1,003
2022-01-01 $429,450 (32.1%) $805,596 (28.1%) 1.16 853
2022-02-01 $425,000 (30.8%) $814,617 (25.9%) 1.11 853
2022-03-01 $439,450 (36.1%) $840,766 (23.2%) 1.10 873
2022-04-01 $450,000 (31.4%) $873,035 (26.0%) 1.07 958
2022-05-01 $469,025 (34.0%) $895,272 (24.9%) 1.07 1,192
2022-06-01 $482,450 (26.3%) $897,568 (20.9%) 1.07 1,500
2022-07-01 $474,000 (19.4%) $835,851 (15.0%) 1.07 1,888
2022-08-01 $463,075 (16.1%) $807,274 (13.7%) 1.07 2,166
2022-09-01 $452,925 (13.3%) $797,303 (10.4%) 1.06 2,264
2022-10-01 $450,000 (8.5%) $797,107 (11.0%) 1.06 2,342
2022-11-01 $446,950 (5.8%) $753,559 (9.2%) 1.07 2,519
2022-12-01 $445,000 (4.7%) $772,899 (1.6%) 1.10 2,535
2023-01-01 $448,000 (4.3%) $774,449 (-3.9%) 1.11 2,563
2023-02-01 $450,000 (5.9%) $797,340 (-2.1%) 1.09 2,597
2023-03-01 $459,900 (4.7%) $835,832 (-0.6%) 1.08 2,465
2023-04-01 $469,000 (4.2%) $868,730 (-0.5%) 1.09 2,359
2023-05-01 $474,900 (1.3%) $879,880 (-1.7%) 1.08 2,264
2023-06-01 $474,925 (-1.6%) $883,805 (-1.5%) 1.07 2,184
2023-07-01 $475,000 (0.2%) $869,379 (4.0%) 1.08 2,162
2023-08-01 $476,573 (2.9%) $840,201 (4.1%) 1.09 2,160
2023-09-01 $475,000 (4.9%) $821,787 (3.1%) 1.11 2,354
2023-10-01 $472,658 (5.0%) $804,620 (0.9%) 1.11 2,613
2023-11-01 $464,000 (3.8%) $800,661 (6.3%) 1.10 2,937
2023-12-01 $459,945 (3.4%) $795,960 (3.0%) 1.12 3,187
2024-01-01 $459,750 (2.6%) $768,603 (-0.8%) 1.12 3,396
2024-02-01 $460,000 (2.2%) $770,241 (-3.4%) 1.11 3,574
2024-03-01 $459,888 (0.0%) $760,543 (-9.0%) 1.08 3,648
2024-04-01 $455,895 (-2.8%) $764,610 (-12.0%) 1.06 3,703
Port St. Lucie's median listing price for 2024-04-01 was $455,895, a difference of $-13,105 (-2.8%) versus the prior year and $-3,993 versus the prior month.

Port St. Lucie's median listing price comes in at 106% of the national average.

Port St. Lucie's average listing price for 2024-04-01 was $764,610, a difference of $-104,120 (-12.0%) versus the prior year and $4,067 versus the prior month.

For the 2024-04-01 period, Port St. Lucie had 3,703 MLS listings, a difference of 55 listings (2%) versus the prior month and 1,344 listings (57%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Port St. Lucie (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 68 days 1,944 sqft
2018-02-01 65 days 1,935 sqft
2018-03-01 60 days 1,929 sqft
2018-04-01 62 days 1,927 sqft
2018-05-01 64 days 1,919 sqft
2018-06-01 67 days 1,917 sqft
2018-07-01 68 days 1,936 sqft
2018-08-01 66 days 1,945 sqft
2018-09-01 65 days 1,909 sqft
2018-10-01 63 days 1,909 sqft
2018-11-01 62 days 1,922 sqft
2018-12-01 67 days 1,908 sqft
2019-01-01 73 days 1,899 sqft
2019-02-01 69 days 1,904 sqft
2019-03-01 68 days 1,907 sqft
2019-04-01 69 days 1,908 sqft
2019-05-01 71 days 1,905 sqft
2019-06-01 73 days 1,908 sqft
2019-07-01 77 days 1,913 sqft
2019-08-01 77 days 1,904 sqft
2019-09-01 75 days 1,893 sqft
2019-10-01 73 days 1,881 sqft
2019-11-01 64 days 1,874 sqft
2019-12-01 69 days 1,867 sqft
2020-01-01 71 days 1,847 sqft
2020-02-01 66 days 1,832 sqft
2020-03-01 61 days 1,829 sqft
2020-04-01 72 days 1,815 sqft
2020-05-01 82 days 1,800 sqft
2020-06-01 90 days 1,824 sqft
2020-07-01 72 days 1,839 sqft
2020-08-01 65 days 1,833 sqft
2020-09-01 60 days 1,847 sqft
2020-10-01 57 days 1,839 sqft
2020-11-01 55 days 1,844 sqft
2020-12-01 57 days 1,850 sqft
2021-01-01 62 days 1,869 sqft
2021-02-01 53 days 1,886 sqft
2021-03-01 46 days 1,834 sqft
2021-04-01 41 days 1,838 sqft
2021-05-01 39 days 1,873 sqft
2021-06-01 38 days 1,901 sqft
2021-07-01 38 days 1,885 sqft
2021-08-01 41 days 1,883 sqft
2021-09-01 41 days 1,835 sqft
2021-10-01 40 days 1,837 sqft
2021-11-01 42 days 1,867 sqft
2021-12-01 44 days 1,837 sqft
2022-01-01 45 days 1,857 sqft
2022-02-01 29 days 1,767 sqft
2022-03-01 27 days 1,807 sqft
2022-04-01 27 days 1,808 sqft
2022-05-01 27 days 1,819 sqft
2022-06-01 31 days 1,858 sqft
2022-07-01 35 days 1,860 sqft
2022-08-01 42 days 1,839 sqft
2022-09-01 49 days 1,824 sqft
2022-10-01 55 days 1,829 sqft
2022-11-01 59 days 1,829 sqft
2022-12-01 62 days 1,813 sqft
2023-01-01 66 days 1,811 sqft
2023-02-01 57 days 1,798 sqft
2023-03-01 52 days 1,819 sqft
2023-04-01 54 days 1,833 sqft
2023-05-01 57 days 1,846 sqft
2023-06-01 57 days 1,852 sqft
2023-07-01 59 days 1,851 sqft
2023-08-01 59 days 1,864 sqft
2023-09-01 57 days 1,840 sqft
2023-10-01 53 days 1,826 sqft
2023-11-01 53 days 1,813 sqft
2023-12-01 60 days 1,790 sqft
2024-01-01 65 days 1,780 sqft
2024-02-01 61 days 1,769 sqft
2024-03-01 57 days 1,762 sqft
2024-04-01 60 days 1,758 sqft
Port St. Lucie's median listing age (time on market) for 2024-04-01 was 60 days. This is 10% longer than the same period one year ago.

Port St. Lucie's median square footage for active listings during the 2024-04-01 period was 1,758 sqft. One year prior, the average listing was 1,833 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.