Punta Gorda VA Loan Rates, Closing Costs & Stats
PUNTA GORDA, 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.
Punta Gorda's 91 lenders originated 440 VA loans during 2023. The total origination value was $156,490,000, with an average VA loan value of $355,659.
Punta Gorda VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Punta Gorda
averaged
5.83%
for the week of 2024-10-04, compared to the national average (all VA variants) of
5.596% for the same period.
Punta Gorda's average VA mortgage closing costs are $6,610.
The average rate for the prior week (2024-09-27) was
5.66% and
one month ago for the week of 2024-08-30, the
average rate was 6.08%.
The average rate one year ago was 7.32%.
For refis of the same type during the week of 2024-10-04, the average rate
was 6.3%.
Punta Gorda 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 Punta Gorda level.
The top Punta Gorda VA lender as defined by loan originations is Mortgage Research Center, LLC, with
60 VA loans originated. Their average total fees are
$8,306, which is $2,438
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Punta Gorda VA lenders (with over 10 loans originated) are
PULTE MORTGAGE LLC ($5,620), DHI MORTGAGE COMPANY, LTD. ($6,537), Mortgage Research Center, LLC ($8,306), NAVY FEDERAL CREDIT UNION ($8,372) and EAGLE HOME MORTGAGE, LLC ($8,687).
The lowest rate Punta Gorda VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.70%), EAGLE HOME MORTGAGE, LLC (5.78%), NAVY FEDERAL CREDIT UNION (5.92%), PULTE MORTGAGE LLC (5.97%) and LOANDEPOT.COM, LLC (6.11%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Punta Gorda (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $274,900 (1.8%) | $364,771 (-2.4%) | 1.02 | 2,207 |
2018-02-01 | $274,950 (2.1%) | $366,572 (-0.4%) | 1.00 | 2,254 |
2018-03-01 | $275,000 (3.6%) | $366,004 (0.2%) | 0.96 | 2,256 |
2018-04-01 | $269,950 (1.5%) | $366,584 (0.5%) | 0.92 | 2,186 |
2018-05-01 | $269,950 (2.8%) | $365,442 (0.9%) | 0.90 | 2,074 |
2018-06-01 | $274,900 (4.1%) | $373,399 (4.4%) | 0.92 | 1,937 |
2018-07-01 | $271,790 (2.6%) | $368,957 (3.8%) | 0.91 | 1,859 |
2018-08-01 | $269,949 (1.8%) | $361,520 (2.0%) | 0.90 | 1,811 |
2018-09-01 | $269,000 (1.6%) | $354,561 (1.0%) | 0.90 | 1,788 |
2018-10-01 | $274,925 (3.0%) | $363,862 (4.7%) | 0.93 | 1,880 |
2018-11-01 | $279,250 (2.9%) | $367,202 (3.2%) | 0.95 | 2,114 |
2018-12-01 | $279,900 (3.7%) | $373,128 (2.6%) | 0.97 | 2,309 |
2019-01-01 | $280,000 (1.9%) | $375,992 (3.1%) | 0.97 | 2,441 |
2019-02-01 | $279,950 (1.8%) | $374,421 (2.1%) | 0.95 | 2,606 |
2019-03-01 | $277,857 (1.0%) | $369,580 (1.0%) | 0.91 | 2,572 |
2019-04-01 | $275,000 (1.9%) | $365,321 (-0.3%) | 0.87 | 2,483 |
2019-05-01 | $275,000 (1.9%) | $363,976 (-0.4%) | 0.86 | 2,290 |
2019-06-01 | $274,900 (0.0%) | $364,221 (-2.5%) | 0.86 | 2,092 |
2019-07-01 | $275,000 (1.2%) | $366,634 (-0.6%) | 0.86 | 1,926 |
2019-08-01 | $277,483 (2.8%) | $368,239 (1.9%) | 0.88 | 1,891 |
2019-09-01 | $278,336 (3.5%) | $369,772 (4.3%) | 0.89 | 1,882 |
2019-10-01 | $279,000 (1.5%) | $371,357 (2.1%) | 0.90 | 1,894 |
2019-11-01 | $279,900 (0.2%) | $375,497 (2.3%) | 0.92 | 1,990 |
2019-12-01 | $290,000 (3.6%) | $389,105 (4.3%) | 0.97 | 2,010 |
2020-01-01 | $290,000 (3.6%) | $389,008 (3.5%) | 0.97 | 2,019 |
2020-02-01 | $289,900 (3.6%) | $390,180 (4.2%) | 0.95 | 2,016 |
2020-03-01 | $285,875 (2.9%) | $388,584 (5.1%) | 0.90 | 2,006 |
2020-04-01 | $282,895 (2.9%) | $380,851 (4.3%) | 0.89 | 2,028 |
2020-05-01 | $285,000 (3.6%) | $384,848 (5.7%) | 0.87 | 1,932 |
2020-06-01 | $284,500 (3.5%) | $391,462 (7.5%) | 0.84 | 1,713 |
2020-07-01 | $281,300 (2.3%) | $392,088 (6.9%) | 0.82 | 1,513 |
2020-08-01 | $284,000 (2.4%) | $392,083 (6.5%) | 0.81 | 1,409 |
2020-09-01 | $279,475 (0.4%) | $395,707 (7.0%) | 0.80 | 1,343 |
2020-10-01 | $276,035 (-1.1%) | $401,673 (8.2%) | 0.79 | 1,298 |
2020-11-01 | $278,700 (-0.4%) | $412,786 (9.9%) | 0.81 | 1,253 |
2020-12-01 | $289,675 (-0.1%) | $422,570 (8.6%) | 0.86 | 1,165 |
2021-01-01 | $294,900 (1.7%) | $451,789 (16.1%) | 0.88 | 1,003 |
2021-02-01 | $297,948 (2.8%) | $459,840 (17.9%) | 0.87 | 798 |
2021-03-01 | $300,000 (4.9%) | $462,255 (19.0%) | 0.85 | 615 |
2021-04-01 | $322,425 (14.0%) | $489,867 (28.6%) | 0.87 | 522 |
2021-05-01 | $324,900 (14.0%) | $476,577 (23.8%) | 0.86 | 537 |
2021-06-01 | $337,500 (18.6%) | $488,708 (24.8%) | 0.89 | 535 |
2021-07-01 | $355,900 (26.5%) | $509,041 (29.8%) | 0.94 | 583 |
2021-08-01 | $370,000 (30.3%) | $523,803 (33.6%) | 0.99 | 623 |
2021-09-01 | $374,950 (34.2%) | $528,588 (33.6%) | 1.00 | 641 |
2021-10-01 | $379,900 (37.6%) | $545,744 (35.9%) | 1.01 | 649 |
2021-11-01 | $399,225 (43.3%) | $599,207 (45.2%) | 1.07 | 609 |
2021-12-01 | $395,463 (36.5%) | $595,410 (40.9%) | 1.07 | 639 |
2022-01-01 | $391,527 (32.8%) | $587,603 (30.1%) | 1.06 | 534 |
2022-02-01 | $422,500 (41.8%) | $623,182 (35.5%) | 1.10 | 530 |
2022-03-01 | $430,227 (43.4%) | $630,148 (36.3%) | 1.08 | 555 |
2022-04-01 | $435,699 (35.1%) | $627,310 (28.1%) | 1.04 | 659 |
2022-05-01 | $454,500 (39.9%) | $625,924 (31.3%) | 1.04 | 849 |
2022-06-01 | $457,625 (35.6%) | $621,058 (27.1%) | 1.02 | 1,019 |
2022-07-01 | $449,900 (26.4%) | $603,564 (18.6%) | 1.01 | 1,165 |
2022-08-01 | $448,068 (21.1%) | $565,689 (8.0%) | 1.04 | 1,264 |
2022-09-01 | $449,396 (19.9%) | $565,559 (7.0%) | 1.05 | 1,291 |
2022-10-01 | $449,900 (18.4%) | $571,322 (4.7%) | 1.06 | 1,158 |
2022-11-01 | $441,500 (10.6%) | $560,292 (-6.5%) | 1.06 | 1,171 |
2022-12-01 | $426,050 (7.7%) | $556,437 (-6.6%) | 1.05 | 1,189 |
2023-01-01 | $429,000 (9.6%) | $561,564 (-4.4%) | 1.06 | 1,290 |
2023-02-01 | $437,450 (3.5%) | $583,740 (-6.3%) | 1.06 | 1,397 |
2023-03-01 | $438,850 (2.0%) | $575,524 (-8.7%) | 1.04 | 1,583 |
2023-04-01 | $430,410 (-1.2%) | $569,089 (-9.3%) | 1.00 | 1,767 |
2023-05-01 | $432,475 (-4.9%) | $573,269 (-8.4%) | 0.98 | 1,813 |
2023-06-01 | $434,975 (-5.0%) | $567,375 (-8.6%) | 0.98 | 1,919 |
2023-07-01 | $429,000 (-4.7%) | $554,172 (-8.2%) | 0.98 | 2,004 |
2023-08-01 | $426,523 (-4.8%) | $542,444 (-4.1%) | 0.98 | 2,037 |
2023-09-01 | $429,000 (-4.5%) | $537,217 (-5.0%) | 1.00 | 2,203 |
2023-10-01 | $431,788 (-4.0%) | $546,044 (-4.4%) | 1.02 | 2,419 |
2023-11-01 | $429,900 (-2.6%) | $551,449 (-1.6%) | 1.02 | 2,687 |
2023-12-01 | $427,500 (0.3%) | $553,021 (-0.6%) | 1.04 | 2,987 |
2024-01-01 | $425,000 (-0.9%) | $558,551 (-0.5%) | 1.04 | 3,216 |
2024-02-01 | $425,000 (-2.9%) | $558,029 (-4.4%) | 1.02 | 3,502 |
2024-03-01 | $419,000 (-4.5%) | $547,362 (-4.9%) | 0.99 | 3,636 |
2024-04-01 | $415,088 (-3.6%) | $535,672 (-5.9%) | 0.97 | 3,673 |
2024-05-01 | $413,500 (-4.4%) | $535,170 (-6.7%) | 0.93 | 3,677 |
2024-06-01 | $407,950 (-6.2%) | $527,764 (-7.0%) | 0.92 | 3,564 |
2024-07-01 | $399,900 (-6.8%) | $512,990 (-7.4%) | 0.91 | 3,392 |
2024-08-01 | $397,000 (-6.9%) | $502,420 (-7.4%) | 0.92 | 3,277 |
2024-09-01 | $391,650 (-8.7%) | $492,526 (-8.3%) | 0.00 | 3,258 |
Punta Gorda's median listing price comes in at 0% of the national average.
Punta Gorda's average listing price for 2024-09-01 was $492,526, a difference of $-44,691 (-8.3%) versus the prior year and $-9,894 versus the prior month.
For the 2024-09-01 period, Punta Gorda had 3,258 MLS listings, a difference of -19 listings (-1%) versus the prior month and 1,055 listings (48%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Punta Gorda (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 69 days | 1,800 sqft |
2018-02-01 | 68 days | 1,790 sqft |
2018-03-01 | 66 days | 1,787 sqft |
2018-04-01 | 71 days | 1,777 sqft |
2018-05-01 | 74 days | 1,759 sqft |
2018-06-01 | 85 days | 1,768 sqft |
2018-07-01 | 87 days | 1,782 sqft |
2018-08-01 | 86 days | 1,758 sqft |
2018-09-01 | 86 days | 1,756 sqft |
2018-10-01 | 84 days | 1,764 sqft |
2018-11-01 | 65 days | 1,760 sqft |
2018-12-01 | 66 days | 1,767 sqft |
2019-01-01 | 73 days | 1,771 sqft |
2019-02-01 | 72 days | 1,756 sqft |
2019-03-01 | 72 days | 1,745 sqft |
2019-04-01 | 74 days | 1,729 sqft |
2019-05-01 | 81 days | 1,723 sqft |
2019-06-01 | 89 days | 1,723 sqft |
2019-07-01 | 93 days | 1,731 sqft |
2019-08-01 | 92 days | 1,754 sqft |
2019-09-01 | 90 days | 1,754 sqft |
2019-10-01 | 86 days | 1,754 sqft |
2019-11-01 | 71 days | 1,766 sqft |
2019-12-01 | 73 days | 1,788 sqft |
2020-01-01 | 78 days | 1,779 sqft |
2020-02-01 | 73 days | 1,770 sqft |
2020-03-01 | 66 days | 1,760 sqft |
2020-04-01 | 70 days | 1,742 sqft |
2020-05-01 | 78 days | 1,731 sqft |
2020-06-01 | 90 days | 1,694 sqft |
2020-07-01 | 89 days | 1,698 sqft |
2020-08-01 | 74 days | 1,692 sqft |
2020-09-01 | 72 days | 1,715 sqft |
2020-10-01 | 61 days | 1,685 sqft |
2020-11-01 | 61 days | 1,692 sqft |
2020-12-01 | 66 days | 1,691 sqft |
2021-01-01 | 70 days | 1,693 sqft |
2021-02-01 | 59 days | 1,686 sqft |
2021-03-01 | 44 days | 1,667 sqft |
2021-04-01 | 43 days | 1,678 sqft |
2021-05-01 | 38 days | 1,685 sqft |
2021-06-01 | 38 days | 1,686 sqft |
2021-07-01 | 37 days | 1,685 sqft |
2021-08-01 | 41 days | 1,708 sqft |
2021-09-01 | 43 days | 1,691 sqft |
2021-10-01 | 46 days | 1,710 sqft |
2021-11-01 | 46 days | 1,738 sqft |
2021-12-01 | 54 days | 1,733 sqft |
2022-01-01 | 49 days | 1,715 sqft |
2022-02-01 | 37 days | 1,755 sqft |
2022-03-01 | 37 days | 1,728 sqft |
2022-04-01 | 34 days | 1,697 sqft |
2022-05-01 | 35 days | 1,738 sqft |
2022-06-01 | 39 days | 1,714 sqft |
2022-07-01 | 43 days | 1,729 sqft |
2022-08-01 | 48 days | 1,737 sqft |
2022-09-01 | 52 days | 1,753 sqft |
2022-10-01 | 73 days | 1,776 sqft |
2022-11-01 | 75 days | 1,783 sqft |
2022-12-01 | 79 days | 1,745 sqft |
2023-01-01 | 68 days | 1,737 sqft |
2023-02-01 | 49 days | 1,746 sqft |
2023-03-01 | 45 days | 1,729 sqft |
2023-04-01 | 47 days | 1,726 sqft |
2023-05-01 | 57 days | 1,728 sqft |
2023-06-01 | 62 days | 1,714 sqft |
2023-07-01 | 66 days | 1,704 sqft |
2023-08-01 | 66 days | 1,713 sqft |
2023-09-01 | 71 days | 1,720 sqft |
2023-10-01 | 71 days | 1,717 sqft |
2023-11-01 | 64 days | 1,720 sqft |
2023-12-01 | 67 days | 1,713 sqft |
2024-01-01 | 78 days | 1,717 sqft |
2024-02-01 | 75 days | 1,712 sqft |
2024-03-01 | 69 days | 1,700 sqft |
2024-04-01 | 73 days | 1,700 sqft |
2024-05-01 | 76 days | 1,705 sqft |
2024-06-01 | 80 days | 1,696 sqft |
2024-07-01 | 89 days | 1,700 sqft |
2024-08-01 | 94 days | 1,690 sqft |
2024-09-01 | 0 days | 1,687 sqft |
Punta Gorda's median square footage for active listings during the 2024-09-01 period was 1,687 sqft. One year prior, the average listing was 1,720 sqft.