Safford VA Loan Rates, Closing Costs & Stats
Safford, AZ
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.
Safford's 17 lenders originated 42 VA loans during 2023. The total origination value was $11,990,000, with an average VA loan value of $285,476.
Safford VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Safford
averaged
6.22%
for the week of 2024-12-13, compared to the national average (all VA variants) of
6.077% for the same period.
Safford's average VA mortgage closing costs are $5,868.
The average rate for the prior week (2024-12-06) was
6.36% and
one month ago for the week of 2024-11-08, the
average rate was 6.45%.
The average rate one year ago was 6.8%.
For refis of the same type during the week of 2024-12-13, the average rate
was 5.88%.
Safford 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 Safford level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 7 | 6.62% | $7,906 |
Mortgage Research Center, LLC | 6 | 7.16% | $7,539 |
GUILD MORTGAGE COMPANY | 5 | 6.13% | $12,618 |
QUICKEN LOANS, LLC | 4 | 6.21% | $10,499 |
MANN FINANCIAL INC. | 3 | 6.25% | $7,882 |
AMERICAN PACIFIC MORTGAGE CORPORATION | 2 | 6.75% | $7,767 |
NOVA FINANCIAL & INVESTMENT CORPORATION | 2 | 6.25% | $5,602 |
NETWORK CAPITAL FUNDING CORPORATION | 2 | 5.63% | $12,575 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.25% | $1,399 |
USAA Federal Savings Bank | 1 | 6.25% | $12,211 |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | 1 | 6.13% | $9,615 |
BAY EQUITY LLC | 1 | 7.25% | $2,461 |
FREEDOM MORTGAGE CORPORATION | 1 | 6.25% | $10,967 |
NAVY FEDERAL CREDIT UNION | 1 | 6.38% | $3,650 |
PENNYMAC LOAN SERVICES, LLC | 1 | 5.13% | $2,499 |
SOVEREIGN LENDING GROUP INCORPORATED | 1 | 6.75% | $9,989 |
UNION HOME MORTGAGE CORP. | 1 | 6.13% | $6,105 |
The top Safford VA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
7 VA loans originated. Their average total fees are
$7,906, which is $367
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Safford VA lenders (with over 10 loans originated) are
.
The lowest rate Safford VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Safford (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 | $170,600 (7.3%) | $203,766 (11.9%) | 0.00 | 85 |
2018-02-01 | $173,250 (1.9%) | $205,433 (11.6%) | 0.00 | 81 |
2018-03-01 | $179,700 (-0.1%) | $211,267 (7.1%) | 0.00 | 80 |
2018-04-01 | $179,125 (2.4%) | $208,209 (6.3%) | 0.00 | 85 |
2018-05-01 | $179,350 (8.4%) | $204,458 (6.8%) | 0.00 | 81 |
2018-06-01 | $179,900 (6.5%) | $205,004 (5.7%) | 0.00 | 99 |
2018-07-01 | $184,243 (7.7%) | $213,696 (7.3%) | 0.00 | 94 |
2018-08-01 | $184,200 (5.9%) | $211,214 (4.6%) | 0.00 | 93 |
2018-09-01 | $180,998 (3.4%) | $208,521 (1.6%) | 0.00 | 98 |
2018-10-01 | $179,900 (3.0%) | $204,600 (3.0%) | 0.00 | 98 |
2018-11-01 | $178,050 (4.8%) | $198,092 (0.1%) | 0.00 | 91 |
2018-12-01 | $174,000 (4.7%) | $190,741 (1.7%) | 0.00 | 89 |
2019-01-01 | $175,000 (2.6%) | $186,700 (-8.4%) | 0.00 | 82 |
2019-02-01 | $175,000 (1.0%) | $188,744 (-8.1%) | 0.00 | 76 |
2019-03-01 | $185,286 (3.1%) | $212,270 (0.5%) | 0.00 | 73 |
2019-04-01 | $196,286 (9.6%) | $238,615 (14.6%) | 0.00 | 70 |
2019-05-01 | $213,850 (19.2%) | $255,946 (25.2%) | 0.00 | 67 |
2019-06-01 | $219,515 (22.0%) | $260,263 (27.0%) | 0.00 | 67 |
2019-07-01 | $223,700 (21.4%) | $271,679 (27.1%) | 0.00 | 64 |
2019-08-01 | $216,040 (17.3%) | $270,737 (28.2%) | 0.00 | 69 |
2019-09-01 | $206,799 (14.3%) | $266,413 (27.8%) | 0.00 | 78 |
2019-10-01 | $199,256 (10.8%) | $260,362 (27.3%) | 0.00 | 84 |
2019-11-01 | $196,750 (10.5%) | $254,847 (28.7%) | 0.00 | 90 |
2019-12-01 | $193,125 (11.0%) | $245,800 (28.9%) | 0.00 | 89 |
2020-01-01 | $196,725 (12.4%) | $254,212 (36.2%) | 0.00 | 75 |
2020-02-01 | $219,998 (25.7%) | $264,833 (40.3%) | 0.00 | 78 |
2020-03-01 | $218,699 (18.0%) | $271,861 (28.1%) | 0.00 | 67 |
2020-04-01 | $209,995 (7.0%) | $257,829 (8.1%) | 0.00 | 61 |
2020-05-01 | $220,000 (2.9%) | $250,889 (-2.0%) | 0.00 | 57 |
2020-06-01 | $217,475 (-0.9%) | $255,874 (-1.7%) | 0.00 | 47 |
2020-07-01 | $220,500 (-1.4%) | $265,769 (-2.2%) | 0.00 | 40 |
2020-08-01 | $237,000 (9.7%) | $291,915 (7.8%) | 0.00 | 34 |
2020-09-01 | $241,725 (16.9%) | $328,528 (23.3%) | 0.00 | 30 |
2020-10-01 | $237,000 (18.9%) | $289,369 (11.1%) | 0.00 | 40 |
2020-11-01 | $235,000 (19.4%) | $296,647 (16.4%) | 0.00 | 44 |
2020-12-01 | $234,950 (21.7%) | $311,915 (26.9%) | 0.00 | 39 |
2021-01-01 | $230,000 (16.9%) | $272,840 (7.3%) | 0.00 | 44 |
2021-02-01 | $201,700 (-8.3%) | $255,679 (-3.5%) | 0.00 | 38 |
2021-03-01 | $223,750 (2.3%) | $283,303 (4.2%) | 0.00 | 32 |
2021-04-01 | $216,999 (3.3%) | $276,592 (7.3%) | 0.00 | 26 |
2021-05-01 | $229,500 (4.3%) | $272,952 (8.8%) | 0.00 | 23 |
2021-06-01 | $249,950 (14.9%) | $282,778 (10.5%) | 0.00 | 27 |
2021-07-01 | $249,900 (13.3%) | $273,603 (3.0%) | 0.00 | 32 |
2021-08-01 | $289,375 (22.1%) | $325,226 (11.4%) | 0.00 | 39 |
2021-09-01 | $257,225 (6.4%) | $318,387 (-3.1%) | 0.00 | 42 |
2021-10-01 | $273,500 (15.4%) | $320,113 (10.6%) | 0.00 | 52 |
2021-11-01 | $286,750 (22.0%) | $321,764 (8.5%) | 0.00 | 52 |
2021-12-01 | $295,475 (25.8%) | $325,977 (4.5%) | 0.00 | 43 |
2022-01-01 | $299,000 (30.0%) | $330,851 (21.3%) | 0.00 | 40 |
2022-02-01 | $317,000 (57.2%) | $356,644 (39.5%) | 0.00 | 37 |
2022-03-01 | $298,500 (33.4%) | $364,617 (28.7%) | 0.00 | 38 |
2022-04-01 | $279,900 (29.0%) | $322,715 (16.7%) | 0.00 | 31 |
2022-05-01 | $307,000 (33.8%) | $351,652 (28.8%) | 0.00 | 39 |
2022-06-01 | $305,000 (22.0%) | $354,432 (25.3%) | 0.00 | 54 |
2022-07-01 | $317,500 (27.1%) | $363,667 (32.9%) | 0.00 | 62 |
2022-08-01 | $322,450 (11.4%) | $353,157 (8.6%) | 0.00 | 76 |
2022-09-01 | $311,250 (21.0%) | $373,156 (17.2%) | 0.00 | 82 |
2022-10-01 | $300,000 (9.7%) | $365,581 (14.2%) | 0.00 | 90 |
2022-11-01 | $299,450 (4.4%) | $362,533 (12.7%) | 0.00 | 76 |
2022-12-01 | $292,000 (-1.2%) | $355,909 (9.2%) | 0.00 | 65 |
2023-01-01 | $299,000 (0.0%) | $372,974 (12.7%) | 0.00 | 54 |
2023-02-01 | $330,375 (4.2%) | $347,112 (-2.7%) | 0.00 | 43 |
2023-03-01 | $305,000 (2.2%) | $362,333 (-0.6%) | 0.00 | 42 |
2023-04-01 | $305,000 (9.0%) | $387,340 (20.0%) | 0.00 | 38 |
2023-05-01 | $328,500 (7.0%) | $407,400 (15.9%) | 0.00 | 36 |
2023-06-01 | $340,000 (11.5%) | $431,846 (21.8%) | 0.00 | 33 |
2023-07-01 | $360,000 (13.4%) | $428,855 (17.9%) | 0.00 | 36 |
2023-08-01 | $360,000 (11.7%) | $391,804 (10.9%) | 0.00 | 43 |
2023-09-01 | $372,000 (19.5%) | $512,418 (37.3%) | 0.00 | 48 |
2023-10-01 | $379,950 (26.7%) | $515,665 (41.1%) | 0.00 | 55 |
2023-11-01 | $372,250 (24.3%) | $506,326 (39.7%) | 0.00 | 57 |
2023-12-01 | $379,995 (30.1%) | $521,103 (46.4%) | 0.00 | 55 |
2024-01-01 | $384,500 (28.6%) | $534,713 (43.4%) | 0.00 | 48 |
2024-02-01 | $373,749 (13.1%) | $417,315 (20.2%) | 0.00 | 45 |
2024-03-01 | $369,995 (21.3%) | $416,207 (14.9%) | 0.00 | 51 |
2024-04-01 | $370,000 (21.3%) | $423,263 (9.3%) | 0.00 | 48 |
2024-05-01 | $376,249 (14.5%) | $422,701 (3.8%) | 0.00 | 51 |
2024-06-01 | $365,000 (7.4%) | $420,080 (-2.7%) | 0.00 | 51 |
2024-07-01 | $370,000 (2.8%) | $412,737 (-3.8%) | 0.00 | 58 |
2024-08-01 | $375,000 (4.2%) | $410,219 (4.7%) | 0.00 | 60 |
2024-09-01 | $375,000 (0.8%) | $394,375 (-23.0%) | 0.00 | 51 |
2024-10-01 | $398,500 (4.9%) | $396,639 (-23.1%) | 0.00 | 61 |
2024-11-01 | $400,000 (7.5%) | $394,134 (-22.2%) | 0.00 | 68 |
Safford's median listing price comes in at 0% of the national average.
Safford's average listing price for 2024-11-01 was $394,134, a difference of $-112,192 (-22.2%) versus the prior year and $-2,505 versus the prior month.
For the 2024-11-01 period, Safford had 68 MLS listings, a difference of 7 listings (11%) versus the prior month and 11 listings (19%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Safford (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,840 sqft |
2018-02-01 | 0 days | 1,840 sqft |
2018-03-01 | 0 days | 1,897 sqft |
2018-04-01 | 0 days | 1,856 sqft |
2018-05-01 | 0 days | 1,771 sqft |
2018-06-01 | 0 days | 1,696 sqft |
2018-07-01 | 0 days | 1,746 sqft |
2018-08-01 | 0 days | 1,718 sqft |
2018-09-01 | 0 days | 1,748 sqft |
2018-10-01 | 0 days | 1,748 sqft |
2018-11-01 | 0 days | 1,677 sqft |
2018-12-01 | 0 days | 1,664 sqft |
2019-01-01 | 0 days | 1,673 sqft |
2019-02-01 | 0 days | 1,635 sqft |
2019-03-01 | 0 days | 1,683 sqft |
2019-04-01 | 0 days | 1,740 sqft |
2019-05-01 | 0 days | 1,985 sqft |
2019-06-01 | 0 days | 1,990 sqft |
2019-07-01 | 0 days | 1,983 sqft |
2019-08-01 | 0 days | 1,942 sqft |
2019-09-01 | 0 days | 1,906 sqft |
2019-10-01 | 0 days | 1,880 sqft |
2019-11-01 | 0 days | 1,875 sqft |
2019-12-01 | 0 days | 1,880 sqft |
2020-01-01 | 0 days | 1,812 sqft |
2020-02-01 | 0 days | 1,812 sqft |
2020-03-01 | 0 days | 1,925 sqft |
2020-04-01 | 0 days | 1,908 sqft |
2020-05-01 | 0 days | 1,827 sqft |
2020-06-01 | 0 days | 1,853 sqft |
2020-07-01 | 0 days | 1,897 sqft |
2020-08-01 | 0 days | 2,007 sqft |
2020-09-01 | 0 days | 2,157 sqft |
2020-10-01 | 0 days | 1,936 sqft |
2020-11-01 | 0 days | 1,854 sqft |
2020-12-01 | 0 days | 1,866 sqft |
2021-01-01 | 0 days | 1,851 sqft |
2021-02-01 | 0 days | 1,625 sqft |
2021-03-01 | 0 days | 1,763 sqft |
2021-04-01 | 0 days | 1,769 sqft |
2021-05-01 | 0 days | 1,872 sqft |
2021-06-01 | 0 days | 1,821 sqft |
2021-07-01 | 0 days | 1,727 sqft |
2021-08-01 | 0 days | 1,872 sqft |
2021-09-01 | 0 days | 1,830 sqft |
2021-10-01 | 0 days | 1,904 sqft |
2021-11-01 | 0 days | 1,898 sqft |
2021-12-01 | 0 days | 1,903 sqft |
2022-01-01 | 0 days | 2,014 sqft |
2022-02-01 | 0 days | 1,957 sqft |
2022-03-01 | 0 days | 1,824 sqft |
2022-04-01 | 0 days | 1,695 sqft |
2022-05-01 | 0 days | 1,758 sqft |
2022-06-01 | 0 days | 1,847 sqft |
2022-07-01 | 0 days | 1,870 sqft |
2022-08-01 | 0 days | 1,888 sqft |
2022-09-01 | 0 days | 1,883 sqft |
2022-10-01 | 0 days | 1,845 sqft |
2022-11-01 | 0 days | 1,842 sqft |
2022-12-01 | 0 days | 1,845 sqft |
2023-01-01 | 0 days | 1,947 sqft |
2023-02-01 | 0 days | 1,847 sqft |
2023-03-01 | 0 days | 1,880 sqft |
2023-04-01 | 0 days | 1,928 sqft |
2023-05-01 | 0 days | 2,080 sqft |
2023-06-01 | 0 days | 2,065 sqft |
2023-07-01 | 0 days | 2,032 sqft |
2023-08-01 | 0 days | 2,032 sqft |
2023-09-01 | 0 days | 1,890 sqft |
2023-10-01 | 0 days | 2,032 sqft |
2023-11-01 | 0 days | 1,966 sqft |
2023-12-01 | 0 days | 2,032 sqft |
2024-01-01 | 0 days | 2,019 sqft |
2024-02-01 | 0 days | 1,954 sqft |
2024-03-01 | 0 days | 2,064 sqft |
2024-04-01 | 0 days | 2,005 sqft |
2024-05-01 | 0 days | 1,884 sqft |
2024-06-01 | 0 days | 1,820 sqft |
2024-07-01 | 0 days | 1,861 sqft |
2024-08-01 | 0 days | 1,876 sqft |
2024-09-01 | 0 days | 1,877 sqft |
2024-10-01 | 0 days | 2,179 sqft |
2024-11-01 | 0 days | 2,144 sqft |
Safford's median square footage for active listings during the 2024-11-01 period was 2,144 sqft. One year prior, the average listing was 1,966 sqft.