San Francisco VA Loan Rates, Closing Costs & Stats
San Francisco-Oakland-Berkeley, CA
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.
San Francisco's 81 lenders originated 500 VA loans during 2023. The total origination value was $389,410,000, with an average VA loan value of $778,820.
San Francisco VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in San Francisco
averaged
-0.16%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
San Francisco's average VA mortgage closing costs are $9,811.
The average rate for the prior week (2024-11-22) was
6.2% and
one month ago for the week of 2024-10-25, the
average rate was 5.9%.
The average rate one year ago was 6.84%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.16%.
San Francisco 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 San Francisco level.
The top San Francisco VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
89 VA loans originated. Their average total fees are
$17,797, which is $4,554
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee San Francisco VA lenders (with over 10 loans originated) are
NAVY FEDERAL CREDIT UNION ($9,135), Mortgage Research Center, LLC ($13,243), CROSSCOUNTRY MORTGAGE, LLC ($16,049), UNITED WHOLESALE MORTGAGE, LLC ($17,797) and QUICKEN LOANS, LLC ($18,015).
The lowest rate San Francisco VA lenders (with over 10 loans originated) are
PENNYMAC LOAN SERVICES, LLC (5.81%), NAVY FEDERAL CREDIT UNION (5.83%), LOANDEPOT.COM, LLC (5.89%), BROKER SOLUTIONS, INC. (6.03%) and UNITED WHOLESALE MORTGAGE, LLC (6.04%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - San Francisco (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 | $843,944 (6.9%) | $1,503,769 (14.4%) | 3.13 | 2,292 |
2018-02-01 | $898,944 (6.3%) | $1,548,177 (12.1%) | 3.26 | 2,714 |
2018-03-01 | $949,499 (6.2%) | $1,583,415 (10.9%) | 3.33 | 3,120 |
2018-04-01 | $987,500 (9.8%) | $1,611,232 (8.1%) | 3.35 | 3,617 |
2018-05-01 | $996,500 (10.7%) | $1,618,157 (8.4%) | 3.33 | 4,067 |
2018-06-01 | $988,000 (9.5%) | $1,576,500 (6.0%) | 3.29 | 4,489 |
2018-07-01 | $929,000 (6.2%) | $1,483,373 (3.9%) | 3.10 | 4,799 |
2018-08-01 | $890,000 (4.8%) | $1,385,964 (-0.6%) | 2.98 | 4,914 |
2018-09-01 | $899,000 (2.8%) | $1,402,963 (-4.4%) | 3.02 | 5,954 |
2018-10-01 | $899,000 (0.0%) | $1,411,172 (-8.1%) | 3.04 | 6,152 |
2018-11-01 | $890,000 (-1.0%) | $1,429,547 (-8.0%) | 3.02 | 5,841 |
2018-12-01 | $849,950 (-3.3%) | $1,339,856 (-16.4%) | 2.93 | 4,173 |
2019-01-01 | $831,417 (-1.5%) | $1,301,294 (-13.5%) | 2.87 | 3,563 |
2019-02-01 | $887,000 (-1.3%) | $1,416,770 (-8.5%) | 3.00 | 4,084 |
2019-03-01 | $916,429 (-3.5%) | $1,481,212 (-6.5%) | 3.00 | 4,499 |
2019-04-01 | $947,000 (-4.1%) | $1,548,778 (-3.9%) | 3.01 | 4,891 |
2019-05-01 | $968,500 (-2.8%) | $1,495,371 (-7.6%) | 3.03 | 5,464 |
2019-06-01 | $959,975 (-2.8%) | $1,484,222 (-5.9%) | 3.00 | 5,923 |
2019-07-01 | $927,000 (-0.2%) | $1,530,652 (3.2%) | 2.90 | 5,827 |
2019-08-01 | $919,182 (3.3%) | $1,549,914 (11.8%) | 2.91 | 5,897 |
2019-09-01 | $935,955 (4.1%) | $1,537,212 (9.6%) | 3.00 | 6,009 |
2019-10-01 | $949,500 (5.6%) | $1,534,928 (8.8%) | 3.06 | 6,068 |
2019-11-01 | $949,000 (6.6%) | $1,610,397 (12.7%) | 3.11 | 4,956 |
2019-12-01 | $899,000 (5.8%) | $1,687,094 (25.9%) | 3.00 | 2,987 |
2020-01-01 | $893,500 (7.5%) | $1,700,818 (30.7%) | 2.99 | 2,560 |
2020-02-01 | $997,500 (12.5%) | $1,747,524 (23.4%) | 3.27 | 3,087 |
2020-03-01 | $998,944 (9.0%) | $1,709,823 (15.4%) | 3.13 | 3,525 |
2020-04-01 | $959,233 (1.3%) | $1,535,131 (-0.9%) | 3.00 | 3,417 |
2020-05-01 | $999,894 (3.2%) | $1,611,448 (7.8%) | 3.04 | 4,580 |
2020-06-01 | $1,078,750 (12.4%) | $1,662,466 (12.0%) | 3.18 | 4,950 |
2020-07-01 | $1,091,500 (17.8%) | $1,680,032 (9.8%) | 3.16 | 5,059 |
2020-08-01 | $1,050,000 (14.2%) | $1,673,766 (8.0%) | 3.01 | 5,202 |
2020-09-01 | $1,052,500 (12.5%) | $1,676,954 (9.1%) | 3.02 | 5,401 |
2020-10-01 | $1,070,833 (12.8%) | $1,673,980 (9.1%) | 3.07 | 5,806 |
2020-11-01 | $1,049,450 (10.6%) | $1,663,582 (3.3%) | 3.07 | 5,168 |
2020-12-01 | $998,462 (11.1%) | $1,711,270 (1.4%) | 2.97 | 3,713 |
2021-01-01 | $989,000 (10.7%) | $1,749,265 (2.9%) | 2.95 | 3,034 |
2021-02-01 | $999,500 (0.2%) | $1,774,344 (1.5%) | 2.91 | 3,230 |
2021-03-01 | $1,014,498 (1.6%) | $1,858,547 (8.7%) | 2.88 | 3,372 |
2021-04-01 | $1,049,500 (9.4%) | $1,866,299 (21.6%) | 2.84 | 3,458 |
2021-05-01 | $1,079,975 (8.0%) | $1,871,839 (16.2%) | 2.87 | 3,497 |
2021-06-01 | $1,067,000 (-1.1%) | $1,795,178 (8.0%) | 2.81 | 3,898 |
2021-07-01 | $999,000 (-8.5%) | $1,684,450 (0.3%) | 2.64 | 4,242 |
2021-08-01 | $995,000 (-5.2%) | $1,641,359 (-1.9%) | 2.65 | 4,264 |
2021-09-01 | $993,950 (-5.6%) | $1,695,801 (1.1%) | 2.65 | 4,600 |
2021-10-01 | $997,000 (-6.9%) | $1,757,206 (5.0%) | 2.66 | 4,566 |
2021-11-01 | $984,225 (-6.2%) | $1,870,181 (12.4%) | 2.63 | 3,545 |
2021-12-01 | $952,450 (-4.6%) | $1,845,434 (7.8%) | 2.58 | 2,327 |
2022-01-01 | $949,000 (-4.0%) | $1,752,366 (0.2%) | 2.57 | 2,030 |
2022-02-01 | $992,000 (-0.8%) | $1,755,628 (-1.1%) | 2.58 | 2,479 |
2022-03-01 | $1,047,000 (3.2%) | $1,732,512 (-6.8%) | 2.62 | 3,007 |
2022-04-01 | $1,098,000 (4.6%) | $1,753,815 (-6.0%) | 2.62 | 3,394 |
2022-05-01 | $1,124,000 (4.1%) | $1,732,777 (-7.4%) | 2.57 | 4,615 |
2022-06-01 | $1,146,250 (7.4%) | $1,718,715 (-4.3%) | 2.55 | 5,679 |
2022-07-01 | $1,098,000 (9.9%) | $1,625,819 (-3.5%) | 2.47 | 6,244 |
2022-08-01 | $1,043,073 (4.8%) | $1,568,223 (-4.5%) | 2.41 | 5,968 |
2022-09-01 | $1,089,500 (9.6%) | $1,647,727 (-2.8%) | 2.55 | 5,921 |
2022-10-01 | $1,090,000 (9.3%) | $1,692,678 (-3.7%) | 2.56 | 6,026 |
2022-11-01 | $1,037,000 (5.4%) | $1,691,530 (-9.6%) | 2.49 | 5,367 |
2022-12-01 | $993,210 (4.3%) | $1,665,724 (-9.7%) | 2.45 | 3,655 |
2023-01-01 | $978,500 (3.1%) | $1,644,202 (-6.2%) | 2.42 | 2,987 |
2023-02-01 | $1,002,500 (1.1%) | $1,758,715 (0.2%) | 2.42 | 3,089 |
2023-03-01 | $1,081,250 (3.3%) | $1,802,971 (4.1%) | 2.55 | 3,163 |
2023-04-01 | $1,150,000 (4.7%) | $1,887,916 (7.7%) | 2.67 | 3,341 |
2023-05-01 | $1,179,000 (4.9%) | $1,940,457 (12.0%) | 2.67 | 3,691 |
2023-06-01 | $1,150,000 (0.3%) | $1,939,483 (12.8%) | 2.58 | 3,977 |
2023-07-01 | $1,100,000 (0.2%) | $1,837,754 (13.0%) | 2.50 | 4,036 |
2023-08-01 | $1,049,444 (0.6%) | $1,729,983 (10.3%) | 2.41 | 4,093 |
2023-09-01 | $1,095,000 (0.5%) | $1,758,073 (6.7%) | 2.55 | 4,813 |
2023-10-01 | $1,098,000 (0.7%) | $1,768,808 (4.5%) | 2.58 | 5,053 |
2023-11-01 | $1,067,000 (2.9%) | $1,755,081 (3.8%) | 2.54 | 4,671 |
2023-12-01 | $998,000 (0.5%) | $1,710,145 (2.7%) | 2.43 | 3,094 |
2024-01-01 | $944,475 (-3.5%) | $1,624,731 (-1.2%) | 2.31 | 2,702 |
2024-02-01 | $989,444 (-1.3%) | $1,692,960 (-3.7%) | 2.38 | 3,028 |
2024-03-01 | $999,000 (-7.6%) | $1,756,535 (-2.6%) | 2.35 | 3,587 |
2024-04-01 | $1,026,500 (-10.7%) | $1,789,879 (-5.2%) | 2.39 | 4,354 |
2024-05-01 | $1,041,406 (-11.7%) | $1,847,125 (-4.8%) | 2.35 | 5,048 |
2024-06-01 | $998,994 (-13.1%) | $1,753,398 (-9.6%) | 2.24 | 5,541 |
2024-07-01 | $995,000 (-9.6%) | $1,636,402 (-11.0%) | 2.27 | 5,508 |
2024-08-01 | $969,000 (-7.7%) | $1,552,777 (-10.2%) | 2.25 | 5,374 |
2024-09-01 | $997,500 (-8.9%) | $1,602,783 (-8.8%) | 2.35 | 6,139 |
2024-10-01 | $996,500 (-9.2%) | $1,606,843 (-9.2%) | 2.35 | 6,140 |
San Francisco's median listing price comes in at 235% of the national average.
San Francisco's average listing price for 2024-10-01 was $1,606,843, a difference of $-161,965 (-9.2%) versus the prior year and $4,060 versus the prior month.
For the 2024-10-01 period, San Francisco had 6,140 MLS listings, a difference of 1 listings (0%) versus the prior month and 1,087 listings (22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - San Francisco (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 30 days | 1,719 sqft |
2018-02-01 | 19 days | 1,746 sqft |
2018-03-01 | 20 days | 1,766 sqft |
2018-04-01 | 22 days | 1,800 sqft |
2018-05-01 | 21 days | 1,814 sqft |
2018-06-01 | 24 days | 1,788 sqft |
2018-07-01 | 29 days | 1,746 sqft |
2018-08-01 | 29 days | 1,716 sqft |
2018-09-01 | 26 days | 1,698 sqft |
2018-10-01 | 31 days | 1,696 sqft |
2018-11-01 | 37 days | 1,667 sqft |
2018-12-01 | 50 days | 1,621 sqft |
2019-01-01 | 48 days | 1,606 sqft |
2019-02-01 | 26 days | 1,644 sqft |
2019-03-01 | 28 days | 1,711 sqft |
2019-04-01 | 26 days | 1,779 sqft |
2019-05-01 | 26 days | 1,822 sqft |
2019-06-01 | 31 days | 1,796 sqft |
2019-07-01 | 36 days | 1,763 sqft |
2019-08-01 | 36 days | 1,747 sqft |
2019-09-01 | 35 days | 1,724 sqft |
2019-10-01 | 36 days | 1,706 sqft |
2019-11-01 | 49 days | 1,698 sqft |
2019-12-01 | 66 days | 1,708 sqft |
2020-01-01 | 53 days | 1,684 sqft |
2020-02-01 | 23 days | 1,723 sqft |
2020-03-01 | 24 days | 1,754 sqft |
2020-04-01 | 38 days | 1,756 sqft |
2020-05-01 | 31 days | 1,760 sqft |
2020-06-01 | 31 days | 1,714 sqft |
2020-07-01 | 33 days | 1,638 sqft |
2020-08-01 | 36 days | 1,589 sqft |
2020-09-01 | 36 days | 1,549 sqft |
2020-10-01 | 34 days | 1,541 sqft |
2020-11-01 | 45 days | 1,518 sqft |
2020-12-01 | 56 days | 1,489 sqft |
2021-01-01 | 49 days | 1,464 sqft |
2021-02-01 | 27 days | 1,482 sqft |
2021-03-01 | 29 days | 1,525 sqft |
2021-04-01 | 29 days | 1,551 sqft |
2021-05-01 | 27 days | 1,576 sqft |
2021-06-01 | 27 days | 1,559 sqft |
2021-07-01 | 26 days | 1,549 sqft |
2021-08-01 | 29 days | 1,546 sqft |
2021-09-01 | 28 days | 1,536 sqft |
2021-10-01 | 30 days | 1,516 sqft |
2021-11-01 | 39 days | 1,500 sqft |
2021-12-01 | 47 days | 1,454 sqft |
2022-01-01 | 37 days | 1,419 sqft |
2022-02-01 | 18 days | 1,452 sqft |
2022-03-01 | 22 days | 1,507 sqft |
2022-04-01 | 23 days | 1,538 sqft |
2022-05-01 | 22 days | 1,573 sqft |
2022-06-01 | 24 days | 1,600 sqft |
2022-07-01 | 30 days | 1,585 sqft |
2022-08-01 | 36 days | 1,571 sqft |
2022-09-01 | 38 days | 1,593 sqft |
2022-10-01 | 37 days | 1,607 sqft |
2022-11-01 | 46 days | 1,593 sqft |
2022-12-01 | 61 days | 1,560 sqft |
2023-01-01 | 62 days | 1,552 sqft |
2023-02-01 | 33 days | 1,557 sqft |
2023-03-01 | 34 days | 1,573 sqft |
2023-04-01 | 31 days | 1,625 sqft |
2023-05-01 | 31 days | 1,637 sqft |
2023-06-01 | 32 days | 1,631 sqft |
2023-07-01 | 34 days | 1,615 sqft |
2023-08-01 | 33 days | 1,593 sqft |
2023-09-01 | 29 days | 1,588 sqft |
2023-10-01 | 35 days | 1,576 sqft |
2023-11-01 | 42 days | 1,563 sqft |
2023-12-01 | 58 days | 1,524 sqft |
2024-01-01 | 49 days | 1,470 sqft |
2024-02-01 | 29 days | 1,460 sqft |
2024-03-01 | 27 days | 1,489 sqft |
2024-04-01 | 28 days | 1,529 sqft |
2024-05-01 | 23 days | 1,562 sqft |
2024-06-01 | 29 days | 1,550 sqft |
2024-07-01 | 38 days | 1,543 sqft |
2024-08-01 | 37 days | 1,513 sqft |
2024-09-01 | 33 days | 1,537 sqft |
2024-10-01 | 38 days | 1,539 sqft |
San Francisco's median square footage for active listings during the 2024-10-01 period was 1,539 sqft. One year prior, the average listing was 1,576 sqft.