Punta Gorda VA Loan Rates, Closing Costs & Stats

PUNTA GORDA, FL

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    • 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 590 VA loans during 2024. The total origination value was $216,490,000, with an average VA loan value of $366,932.

    Punta Gorda VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Punta Gorda averaged 0.51% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Punta Gorda's average VA mortgage closing costs are $6,787.

    The average rate for the prior week (2025-06-27) was 6.74% and one month ago for the week of 2025-05-30, the average rate was 6.57%.

    The average rate one year ago was 6.58%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.37%.

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

    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.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 82 6.01% $8,587
    Mortgage Research Center, LLC 76 6.39% $6,384
    QUICKEN LOANS, LLC 33 6.04% $12,080
    EAGLE HOME MORTGAGE, LLC 25 5.51% $4,823
    DHI MORTGAGE COMPANY, LTD. 25 5.34% $5,569
    FREEDOM MORTGAGE CORPORATION 23 6.20% $11,501
    NAVY FEDERAL CREDIT UNION 22 6.00% $7,221
    VILLAGE CAPITAL MORTGAGE 15 5.55% $9,665
    PENNYMAC LOAN SERVICES, LLC 14 5.90% $10,364
    LOANDEPOT.COM, LLC 14 6.53% $10,562
    PULTE MORTGAGE LLC 14 5.22% $5,143
    CROSSCOUNTRY MORTGAGE, LLC 11 6.35% $8,480
    NEWREZ LLC 11 6.25% $8,870
    USAA Federal Savings Bank 11 6.03% $10,240
    AMERICAN PACIFIC MORTGAGE CORPORATION 7 6.78% $11,596
    LAKEVIEW LOAN SERVICING, LLC 7 5.91% $6,296
    NEW DAY FINANCIAL, LLC 7 7.21% $15,097
    INSPIRE HOME LOANS INC. 6 4.90% $4,453
    NVR Mortgage Finance, Inc. 6 5.95% $4,950
    UNION HOME MORTGAGE CORP. 5 6.23% $9,440
    PENTAGON FEDERAL CREDIT UNION 4 5.66% $7,938
    MUTUAL OF OMAHA MORTGAGE, INC. 4 6.22% $16,118
    TJC Mortgage, Inc. 4 6.38% $11,325
    CLEARPATH LENDING 4 5.59% $8,747
    THE MORTGAGE FIRM, INC. 4 6.19% $4,840
    BROKER SOLUTIONS, INC. 4 5.97% $10,292
    HOMESIDE FINANCIAL, LLC 3 6.42% $7,730
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 5.46% $5,749
    Carrington Mortgage Services, LLC 3 6.08% $9,145
    CMG MORTGAGE, INC. 3 6.08% $6,898
    EMBRACE HOME LOANS, INC. 3 6.21% $21,767
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.25% $2,854
    Flagstar Bank, FSB 3 6.50% $4,676
    GUILD MORTGAGE COMPANY 3 5.83% $8,133
    Ixonia Bank 3 6.67% $7,630
    Mr. Cooper ( Nationstar Mortgage ) 3 6.08% $13,799
    The Federal Savings Bank 3 6.50% $9,052
    Century Mortgage Company DBA Century Lending Company 2 6.50% $5,052
    Nations Lending Corporation 2 6.31% $21,054
    GUARANTEED RATE, INC. 2 6.46% $2,696
    M/I FINANCIAL, LLC 2 6.00% $8,170
    TBI MORTGAGE COMPANY 2 5.94% $2,886
    NBKC BANK 2 6.38% $3,479
    Wells Fargo Bank 2 6.31% $3,679
    MORTGAGE 1 INCORPORATED 2 6.63% $4,550
    The Loan Store, Inc. 2 6.00% $7,132
    CARDINAL FINANCIAL 2 6.25% $20,452
    MORTGAGEONE, INC. 2 6.94% $7,500
    Granite Community Bank 2 6.00% $14,939
    MOVEMENT MORTGAGE, LLC 2 6.25% $5,955
    Waterstone Mortgage Corporation 2 7.50% $11,286
    FAIRWAY FUNDING GROUP, INC. 2 6.19% $15,841
    EVERETT FINANCIAL, INC. 2 6.56% $8,945
    JPMorgan Chase Bank 2 5.88% $6,522
    PLANET HOME LENDING, LLC 2 4.06% $6,532
    PLAZA HOME MORTGAGE, INC. 2 6.37% $13,429
    Equity Prime Mortgage LLC 2 7.00% $13,062
    HOMESTEAD FUNDING CORP. 2 6.13% $6,627
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 7.00% $8,132
    Bell Bank 1 5.25% $650
    TOWNE MORTGAGE COMPANY 1 5.75% $7,768
    Truist 1 5.75% $3,288
    Trustmark National Bank 1 6.75% $5,949
    Barrington Bank & Trust Company, N.A. 1 5.75% $13,639
    Atlantic Coast Mortgage, LLC 1 5.50% $16,547
    Armed Forces Bank 1 6.63% $4,200
    VAN DYK MORTGAGE CORPORATION 1 6.63% $4,026
    VERITAS FUNDING, LLC 1 6.75% $15,119
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.00% $5,413
    Regions Bank 1 5.75% $8,181
    J. VIRGIL, INC. 1 6.25% $9,180
    LAKE MICHIGAN CREDIT UNION 1 5.88% $4,841
    Lakeview Community Capital, LLC 1 5.25% $5,507
    LENOX FINANCIAL MORTGAGE CORPORATION 1 6.13% $3,198
    GUARANTEED RATE AFFINITY, LLC 1 6.63% $14,005
    LOANPAL, LLC 1 5.25% $19,442
    Mid-Continent Funding, Inc. 1 6.63% $4,392
    GERSHMAN INVESTMENT CORP. 1 6.25% $11,928
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.75% $16,909
    GENEVA FINANCIAL, LLC 1 6.25% $0
    NETWORK CAPITAL FUNDING CORPORATION 1 6.50% $20,075
    First National Bank Texas 1 5.75% $330
    First Merchants Bank 1 7.00% $7,636
    FBC MORTGAGE, LLC 1 5.75% $9,746
    PARK SQUARE HOME MORTGAGE, LLC 1 4.99% $460
    Plains Commerce Bank 1 6.13% $6,732
    AMERICAN FINANCING CORPORATION 1 5.63% $10,716
    South Pacific Financial Corporation 1 7.25% $3,577
    SUN WEST MORTGAGE COMPANY, INC. 1 6.87% $6,189
    The Dart Bank 1 6.63% $9,423
    The Huntington National Bank 1 7.13% $3,438

    The top Punta Gorda VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 82 VA loans originated. Their average total fees are $8,587, which is $2,203 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Punta Gorda VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($4,823), PULTE MORTGAGE LLC ($5,143), DHI MORTGAGE COMPANY, LTD. ($5,569), Mortgage Research Center, LLC ($6,384) and NAVY FEDERAL CREDIT UNION ($7,221).

    The lowest rate Punta Gorda VA lenders (with over 10 loans originated) are PULTE MORTGAGE LLC (5.22%), DHI MORTGAGE COMPANY, LTD. (5.34%), EAGLE HOME MORTGAGE, LLC (5.51%), VILLAGE CAPITAL MORTGAGE (5.55%) and PENNYMAC LOAN SERVICES, LLC (5.90%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Punta Gorda (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 $274,900 (1.9%) $364,771 (-2.3%) 1.02 2,208
    2018-02-01 $274,950 (2.2%) $366,508 (-0.3%) 1.00 2,254
    2018-03-01 $275,000 (3.8%) $365,951 (0.2%) 0.96 2,257
    2018-04-01 $269,950 (1.6%) $366,466 (0.6%) 0.92 2,187
    2018-05-01 $269,950 (2.8%) $365,442 (1.0%) 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 (3.9%) 0.91 1,859
    2018-08-01 $269,949 (1.9%) $361,520 (2.0%) 0.90 1,811
    2018-09-01 $269,000 (1.6%) $354,561 (1.1%) 0.90 1,788
    2018-10-01 $274,925 (3.0%) $363,862 (4.7%) 0.93 1,880
    2018-11-01 $279,250 (3.0%) $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 2,442
    2019-02-01 $279,950 (1.8%) $374,255 (2.1%) 0.95 2,608
    2019-03-01 $277,857 (1.0%) $369,372 (0.9%) 0.91 2,575
    2019-04-01 $275,000 (1.9%) $365,050 (-0.4%) 0.87 2,486
    2019-05-01 $275,000 (1.9%) $363,630 (-0.5%) 0.86 2,293
    2019-06-01 $274,900 (0.0%) $363,767 (-2.6%) 0.86 2,096
    2019-07-01 $274,998 (1.2%) $366,279 (-0.7%) 0.86 1,929
    2019-08-01 $276,091 (2.3%) $367,859 (1.8%) 0.87 1,894
    2019-09-01 $277,727 (3.2%) $369,370 (4.2%) 0.89 1,885
    2019-10-01 $279,000 (1.5%) $370,941 (2.0%) 0.90 1,897
    2019-11-01 $279,900 (0.2%) $375,094 (2.2%) 0.92 1,993
    2019-12-01 $290,000 (3.6%) $389,098 (4.3%) 0.97 2,011
    2020-01-01 $290,000 (3.6%) $389,001 (3.5%) 0.97 2,020
    2020-02-01 $289,900 (3.6%) $390,172 (4.3%) 0.95 2,017
    2020-03-01 $286,000 (2.9%) $388,578 (5.2%) 0.90 2,007
    2020-04-01 $283,195 (3.0%) $380,849 (4.3%) 0.89 2,029
    2020-05-01 $285,000 (3.6%) $384,844 (5.8%) 0.87 1,933
    2020-06-01 $284,510 (3.5%) $391,581 (7.7%) 0.84 1,716
    2020-07-01 $282,235 (2.6%) $392,216 (7.1%) 0.82 1,516
    2020-08-01 $284,040 (2.9%) $392,176 (6.6%) 0.81 1,411
    2020-09-01 $279,800 (0.8%) $395,767 (7.2%) 0.80 1,344
    2020-10-01 $276,590 (-0.9%) $401,713 (8.3%) 0.79 1,299
    2020-11-01 $278,950 (-0.3%) $412,795 (10.1%) 0.82 1,254
    2020-12-01 $289,675 (-0.1%) $422,575 (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 (13.9%) $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 (26.1%) $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 (34.0%) $528,588 (33.6%) 1.00 641
    2021-10-01 $379,900 (37.4%) $545,744 (35.9%) 1.01 649
    2021-11-01 $399,225 (43.1%) $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 $454,475 (39.9%) $625,715 (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 $448,000 (21.1%) $565,445 (8.0%) 1.04 1,265
    2022-09-01 $449,347 (19.8%) $565,328 (7.0%) 1.05 1,292
    2022-10-01 $449,900 (18.4%) $571,051 (4.6%) 1.06 1,159
    2022-11-01 $440,875 (10.4%) $560,025 (-6.5%) 1.06 1,172
    2022-12-01 $425,000 (7.5%) $555,939 (-6.6%) 1.05 1,190
    2023-01-01 $428,925 (9.6%) $560,946 (-4.5%) 1.06 1,291
    2023-02-01 $436,972 (3.4%) $583,270 (-6.4%) 1.05 1,399
    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 (-4.8%) $573,236 (-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 $432,000 (-4.0%) $546,167 (-4.4%) 1.02 2,418
    2023-11-01 $429,900 (-2.5%) $551,449 (-1.5%) 1.02 2,687
    2023-12-01 $427,500 (0.6%) $553,021 (-0.5%) 1.04 2,987
    2024-01-01 $425,000 (-0.9%) $558,551 (-0.4%) 1.04 3,216
    2024-02-01 $425,000 (-2.7%) $558,029 (-4.3%) 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 $413,225 (-4.5%) $533,090 (-7.0%) 0.94 3,677
    2024-06-01 $402,225 (-7.5%) $524,554 (-7.6%) 0.91 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 $391,663 (-8.7%) $492,605 (-8.3%) 0.92 3,257
    2024-10-01 $389,900 (-9.8%) $487,007 (-10.8%) 0.92 3,176
    2024-11-01 $389,900 (-9.3%) $486,948 (-11.7%) 0.94 3,601
    2024-12-01 $394,900 (-7.6%) $492,177 (-11.0%) 0.98 3,882
    2025-01-01 $395,000 (-7.1%) $496,271 (-11.2%) 0.99 4,147
    2025-02-01 $397,350 (-6.5%) $503,740 (-9.7%) 0.96 4,585
    2025-03-01 $392,000 (-6.4%) $503,098 (-8.1%) 0.92 4,865
    2025-04-01 $392,000 (-5.6%) $506,363 (-5.5%) 0.91 4,871
    2025-05-01 $389,900 (-5.6%) $506,656 (-5.0%) 0.89 4,595
    Punta Gorda's median listing price for 2025-05-01 was $389,900, a difference of $-23,325 (-5.6%) versus the prior year and $-2,100 versus the prior month.

    Punta Gorda's median listing price comes in at 89% of the national average.

    Punta Gorda's average listing price for 2025-05-01 was $506,656, a difference of $-26,434 (-5.0%) versus the prior year and $293 versus the prior month.

    For the 2025-05-01 period, Punta Gorda had 4,595 MLS listings, a difference of -276 listings (-6%) versus the prior month and 918 listings (25%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Punta Gorda (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date 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 1,765 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 71 days 1,756 sqft
    2019-03-01 72 days 1,745 sqft
    2019-04-01 74 days 1,728 sqft
    2019-05-01 81 days 1,721 sqft
    2019-06-01 89 days 1,722 sqft
    2019-07-01 93 days 1,729 sqft
    2019-08-01 92 days 1,754 sqft
    2019-09-01 90 days 1,753 sqft
    2019-10-01 86 days 1,754 sqft
    2019-11-01 71 days 1,766 sqft
    2019-12-01 73 days 1,789 sqft
    2020-01-01 78 days 1,780 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 1,732 sqft
    2020-06-01 90 days 1,696 sqft
    2020-07-01 89 days 1,699 sqft
    2020-08-01 74 days 1,694 sqft
    2020-09-01 72 days 1,716 sqft
    2020-10-01 61 days 1,685 sqft
    2020-11-01 61 days 1,692 sqft
    2020-12-01 66 days 1,692 sqft
    2021-01-01 70 days 1,692 sqft
    2021-02-01 59 days 1,686 sqft
    2021-03-01 44 days 1,665 sqft
    2021-04-01 43 days 1,678 sqft
    2021-05-01 38 days 1,684 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 1,736 sqft
    2022-06-01 39 days 1,714 sqft
    2022-07-01 43 days 1,728 sqft
    2022-08-01 48 days 1,737 sqft
    2022-09-01 52 days 1,753 sqft
    2022-10-01 73 days 1,775 sqft
    2022-11-01 75 days 1,782 sqft
    2022-12-01 79 days 1,744 sqft
    2023-01-01 68 days 1,734 sqft
    2023-02-01 49 days 1,745 sqft
    2023-03-01 45 days 1,729 sqft
    2023-04-01 47 days 1,726 sqft
    2023-05-01 57 days 1,727 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 78 days 1,704 sqft
    2024-06-01 82 days 1,698 sqft
    2024-07-01 89 days 1,700 sqft
    2024-08-01 94 days 1,690 sqft
    2024-09-01 93 days 1,688 sqft
    2024-10-01 96 days 1,693 sqft
    2024-11-01 88 days 1,705 sqft
    2024-12-01 81 days 1,712 sqft
    2025-01-01 79 days 1,710 sqft
    2025-02-01 79 days 1,722 sqft
    2025-03-01 75 days 1,725 sqft
    2025-04-01 79 days 1,722 sqft
    2025-05-01 91 days 1,720 sqft
    Punta Gorda's median listing age (time on market) for 2025-05-01 was 91 days. This is 17% longer than the same period one year ago.

    Punta Gorda's median square footage for active listings during the 2025-05-01 period was 1,720 sqft. One year prior, the average listing was 1,704 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.