Santa Rosa VA Loan Rates, Closing Costs & Stats

SANTA ROSA-PETALUMA, 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.

Santa Rosa's 63 lenders originated 213 VA loans during 2022. The total origination value was $135,345,000, with an average VA loan value of $635,423.

Santa Rosa VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Santa Rosa averaged -0.18% for the week of 2024-02-23, compared to the national average (all VA variants) of 0% for the same period.

Santa Rosa's average VA mortgage closing costs are $8,732.

The average rate for the prior week (2024-02-16) was 5.89% and one month ago for the week of 2024-01-19, the average rate was 5.65%.

The average rate one year ago was 5.56%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.78%.

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

Santa Rosa 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 Santa Rosa level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 25 4.04% $10,855
QUICKEN LOANS, LLC 21 3.58% $13,460
Mortgage Research Center, LLC 11 5.25% $15,347
PENNYMAC LOAN SERVICES, LLC 10 2.65% $14,572
LOANDEPOT.COM, LLC 9 3.49% $12,918
CROSSCOUNTRY MORTGAGE, LLC 9 4.68% $18,289
AMERICAN PACIFIC MORTGAGE CORPORATION 7 4.91% $12,536
CALIBER HOME LOANS, INC. 6 4.02% $16,270
HOME POINT FINANCIAL CORPORATION 6 3.58% $15,547
USAA Federal Savings Bank 5 3.98% $17,267
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 4.70% $5,985
NAVY FEDERAL CREDIT UNION 5 3.60% $14,486
SUMMIT FUNDING, INC. 4 4.78% $25,934
DHI MORTGAGE COMPANY, LTD. 4 4.75% $19,864
FREEDOM MORTGAGE CORPORATION 4 2.50% $4,933
GUARANTEED RATE AFFINITY, LLC 4 4.53% $7,277
ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 4.53% $17,204
GUILD MORTGAGE COMPANY 3 3.79% $15,761
HOMEAMERICAN MORTGAGE CORPORATION 3 4.96% $18,733
Wells Fargo Bank 3 3.13% $19,226
Flagstar Bank, FSB 3 4.25% $18,245
LAKEVIEW LOAN SERVICING, LLC 3 2.54% $3,751
BNC National Bank 3 2.33% $4,964
FINANCE OF AMERICA MORTGAGE LLC 3 4.21% $17,114
LOANPAL, LLC 2 3.19% $23,153
GUARANTEED RATE, INC. 2 3.88% $17,110
Mr. Cooper ( Nationstar Mortgage ) 2 3.75% $13,027
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.31% $16,366
Paramount Residential Mortgage Group, Inc. 2 4.63% $14,749
Sierra Pacific Mortgage Company, Inc. 2 3.56% $14,664
NETWORK CAPITAL FUNDING CORPORATION 2 4.06% $9,210
NEW DAY FINANCIAL, LLC 1 2.99% $22,108
NEWREZ LLC 1 2.25% $8,752
NFM, INC. 1 4.63% $39,843
North American Savings Bank, F.S.B. 1 3.25% $23,533
OCMBC, INC. 1 5.25% $25,856
Armed Forces Bank 1 4.25% $14,180
PHH Mortgage Corporation 1 3.75% $14,250
PREMIER MORTGAGE RESOURCES, L.L.C. 1 3.25% $3,740
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.25% $38,742
AMERISAVE MORTGAGE CORPORATION 1 2.75% $2,244
ACADEMY MORTGAGE CORPORATION 1 5.63% $29,051
Texana Bank 1 4.25% $42,341
The Federal Savings Bank 1 3.25% $11,844
Umpqua Bank 1 3.75% $4,928
CENTRAL COAST LENDING, INC. 1 4.75% $32,340
Century Mortgage Company DBA Century Lending Company 1 4.50% $8,357
Citizens Bank 1 2.25% $14,825
Commerce Home Mortgage, Inc. 1 3.25% $30,189
CLEARPATH LENDING 1 2.63% $1,529
BROKER SOLUTIONS, INC. 1 5.25% $39,723
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $11,807
ENVOY MORTGAGE, LTD 1 3.88% $16,794
EVERETT FINANCIAL, INC. 1 2.75% $2,612
AMERICAN FINANCIAL RESOURCES, INC. 1 5.75% $17,870
VILLAGE CAPITAL MORTGAGE 1 4.50% $21,167
BAYSHORE MORTGAGE FUNDING, LLC 1 6.25% $27,783
Barrington Bank & Trust Company, N.A. 1 3.75% $28,510
MASON MCDUFFIE MORTGAGE CORPORATION 1 5.25% $15,129
MID AMERICA MORTGAGE, INC. 1 3.13% $2,684
MORTGAGEONE, INC. 1 7.00% $14,076
Bank of America 1 4.63% $5,252
AXIA FINANCIAL, LLC 1 4.88% $29,998

The top Santa Rosa VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 25 VA loans originated. Their average total fees are $10,855, which is $2,605 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Santa Rosa VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($10,855), QUICKEN LOANS, LLC ($13,460), PENNYMAC LOAN SERVICES, LLC ($14,572), Mortgage Research Center, LLC ($15,347) and .

The lowest rate Santa Rosa VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (2.65%), QUICKEN LOANS, LLC (3.58%), UNITED WHOLESALE MORTGAGE, LLC (4.04%), Mortgage Research Center, LLC (5.25%) and .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Santa Rosa (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 $790,250 (10.2%) $1,231,307 (10.5%) 2.93 407
2018-02-01 $797,000 (9.9%) $1,200,558 (7.7%) 2.89 444
2018-03-01 $777,000 (5.1%) $1,196,027 (0.4%) 2.73 524
2018-04-01 $762,475 (0.3%) $1,189,317 (-8.9%) 2.59 617
2018-05-01 $792,000 (2.6%) $1,273,397 (0.0%) 2.64 760
2018-06-01 $749,000 (-3.9%) $1,211,005 (-4.7%) 2.50 923
2018-07-01 $736,000 (-2.5%) $1,150,500 (-6.8%) 2.46 1,086
2018-08-01 $699,463 (-7.3%) $1,107,243 (-11.2%) 2.34 1,172
2018-09-01 $709,500 (-10.6%) $1,100,755 (-13.9%) 2.38 1,208
2018-10-01 $699,000 (-14.2%) $1,101,423 (-15.8%) 2.37 1,177
2018-11-01 $699,000 (-15.5%) $1,115,671 (-17.8%) 2.37 1,105
2018-12-01 $689,990 (-16.8%) $1,113,843 (-15.4%) 2.38 896
2019-01-01 $681,500 (-13.8%) $1,078,741 (-12.4%) 2.35 725
2019-02-01 $688,800 (-13.6%) $1,114,305 (-7.2%) 2.33 700
2019-03-01 $720,857 (-7.2%) $1,201,613 (0.5%) 2.36 745
2019-04-01 $757,500 (-0.7%) $1,259,293 (5.9%) 2.41 868
2019-05-01 $791,250 (-0.1%) $1,335,282 (4.9%) 2.47 1,062
2019-06-01 $799,000 (6.7%) $1,365,346 (12.7%) 2.50 1,180
2019-07-01 $795,000 (8.0%) $1,335,856 (16.1%) 2.49 1,252
2019-08-01 $774,727 (10.8%) $1,301,705 (17.6%) 2.45 1,251
2019-09-01 $774,318 (9.1%) $1,292,898 (17.5%) 2.48 1,208
2019-10-01 $774,045 (10.7%) $1,284,433 (16.6%) 2.50 1,167
2019-11-01 $775,000 (10.9%) $1,278,268 (14.6%) 2.54 1,055
2019-12-01 $770,650 (11.7%) $1,253,128 (12.5%) 2.57 771
2020-01-01 $767,500 (12.6%) $1,194,224 (10.7%) 2.56 679
2020-02-01 $792,068 (15.0%) $1,168,486 (4.9%) 2.59 725
2020-03-01 $799,000 (10.8%) $1,205,979 (0.4%) 2.50 792
2020-04-01 $781,944 (3.2%) $1,176,971 (-6.5%) 2.45 790
2020-05-01 $769,000 (-2.8%) $1,146,057 (-14.2%) 2.34 999
2020-06-01 $763,750 (-4.4%) $1,228,384 (-10.0%) 2.25 1,024
2020-07-01 $784,248 (-1.4%) $1,299,527 (-2.7%) 2.27 899
2020-08-01 $799,000 (3.1%) $1,337,303 (2.7%) 2.29 786
2020-09-01 $808,500 (4.4%) $1,348,645 (4.3%) 2.32 704
2020-10-01 $839,000 (8.4%) $1,371,691 (6.8%) 2.40 781
2020-11-01 $809,975 (4.5%) $1,356,234 (6.1%) 2.37 807
2020-12-01 $799,999 (3.8%) $1,351,133 (7.8%) 2.38 666
2021-01-01 $799,000 (4.1%) $1,375,774 (15.2%) 2.39 556
2021-02-01 $827,000 (4.4%) $1,427,661 (22.2%) 2.41 530
2021-03-01 $822,000 (2.9%) $1,407,855 (16.7%) 2.33 563
2021-04-01 $859,225 (9.9%) $1,463,127 (24.3%) 2.33 622
2021-05-01 $887,000 (15.3%) $1,522,053 (32.8%) 2.36 680
2021-06-01 $877,000 (14.8%) $1,530,392 (24.6%) 2.31 760
2021-07-01 $865,000 (10.3%) $1,506,860 (16.0%) 2.28 763
2021-08-01 $849,713 (6.4%) $1,464,681 (9.5%) 2.27 767
2021-09-01 $875,000 (8.2%) $1,526,292 (13.2%) 2.33 744
2021-10-01 $895,000 (6.7%) $1,602,360 (16.8%) 2.39 670
2021-11-01 $897,000 (10.7%) $1,658,116 (22.3%) 2.40 500
2021-12-01 $912,498 (14.1%) $1,733,710 (28.3%) 2.47 352
2022-01-01 $929,000 (16.3%) $1,782,270 (29.6%) 2.51 257
2022-02-01 $954,500 (15.4%) $1,817,970 (27.3%) 2.48 294
2022-03-01 $989,500 (20.4%) $1,855,314 (31.8%) 2.48 369
2022-04-01 $995,000 (15.8%) $1,918,519 (31.1%) 2.37 415
2022-05-01 $975,000 (9.9%) $1,838,479 (20.8%) 2.23 547
2022-06-01 $965,625 (10.1%) $1,831,919 (19.7%) 2.15 615
2022-07-01 $950,000 (9.8%) $1,720,085 (14.2%) 2.14 688
2022-08-01 $946,500 (11.4%) $1,689,838 (15.4%) 2.19 710
2022-09-01 $940,500 (7.5%) $1,693,713 (11.0%) 2.20 718
2022-10-01 $919,000 (2.7%) $1,748,368 (9.1%) 2.16 730
2022-11-01 $932,225 (3.9%) $1,796,419 (8.3%) 2.24 643
2022-12-01 $899,925 (-1.4%) $1,725,602 (-0.5%) 2.22 507
2023-01-01 $917,500 (-1.2%) $1,786,403 (0.2%) 2.27 409
2023-02-01 $951,225 (-0.3%) $1,802,208 (-0.9%) 2.30 398
2023-03-01 $987,500 (-0.2%) $1,823,193 (-1.7%) 2.33 409
2023-04-01 $1,149,000 (15.5%) $1,989,093 (3.7%) 2.67 452
2023-05-01 $1,100,000 (12.8%) $1,990,353 (8.3%) 2.49 550
2023-06-01 $1,125,000 (16.5%) $1,935,415 (5.7%) 2.53 651
2023-07-01 $1,079,000 (13.6%) $1,864,039 (8.4%) 2.45 708
2023-08-01 $1,065,000 (12.5%) $1,858,746 (10.0%) 2.45 701
2023-09-01 $1,070,990 (13.9%) $1,893,877 (11.8%) 2.49 763
2023-10-01 $1,057,000 (15.0%) $1,894,714 (8.4%) 2.49 768
2023-11-01 $1,004,800 (7.8%) $1,892,938 (5.4%) 2.39 723
2023-12-01 $969,990 (7.8%) $1,786,960 (3.6%) 2.37 537
Santa Rosa's median listing price for 2023-12-01 was $969,990, a difference of $70,065 (7.8%) versus the prior year and $-34,810 versus the prior month.

Santa Rosa's median listing price comes in at 237% of the national average.

Santa Rosa's average listing price for 2023-12-01 was $1,786,960, a difference of $61,358 (3.6%) versus the prior year and $-105,978 versus the prior month.

For the 2023-12-01 period, Santa Rosa had 537 MLS listings, a difference of -186 listings (-26%) versus the prior month and 30 listings (6%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Santa Rosa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 46 days 1,729 sqft
2018-02-01 29 days 1,837 sqft
2018-03-01 26 days 1,795 sqft
2018-04-01 25 days 1,762 sqft
2018-05-01 28 days 1,764 sqft
2018-06-01 31 days 1,748 sqft
2018-07-01 34 days 1,726 sqft
2018-08-01 41 days 1,699 sqft
2018-09-01 45 days 1,700 sqft
2018-10-01 52 days 1,700 sqft
2018-11-01 54 days 1,700 sqft
2018-12-01 65 days 1,683 sqft
2019-01-01 77 days 1,659 sqft
2019-02-01 71 days 1,668 sqft
2019-03-01 56 days 1,692 sqft
2019-04-01 34 days 1,736 sqft
2019-05-01 34 days 1,800 sqft
2019-06-01 43 days 1,813 sqft
2019-07-01 47 days 1,811 sqft
2019-08-01 54 days 1,812 sqft
2019-09-01 60 days 1,816 sqft
2019-10-01 66 days 1,819 sqft
2019-11-01 75 days 1,808 sqft
2019-12-01 86 days 1,798 sqft
2020-01-01 94 days 1,811 sqft
2020-02-01 68 days 1,849 sqft
2020-03-01 48 days 1,910 sqft
2020-04-01 55 days 1,861 sqft
2020-05-01 57 days 1,857 sqft
2020-06-01 45 days 1,862 sqft
2020-07-01 52 days 1,871 sqft
2020-08-01 51 days 1,903 sqft
2020-09-01 53 days 1,872 sqft
2020-10-01 45 days 1,883 sqft
2020-11-01 43 days 1,848 sqft
2020-12-01 56 days 1,815 sqft
2021-01-01 67 days 1,839 sqft
2021-02-01 54 days 1,865 sqft
2021-03-01 42 days 1,872 sqft
2021-04-01 44 days 1,898 sqft
2021-05-01 42 days 1,903 sqft
2021-06-01 42 days 1,889 sqft
2021-07-01 47 days 1,870 sqft
2021-08-01 51 days 1,846 sqft
2021-09-01 54 days 1,878 sqft
2021-10-01 57 days 1,884 sqft
2021-11-01 61 days 1,934 sqft
2021-12-01 70 days 1,938 sqft
2022-01-01 60 days 1,939 sqft
2022-02-01 35 days 1,901 sqft
2022-03-01 37 days 1,874 sqft
2022-04-01 40 days 1,915 sqft
2022-05-01 39 days 1,892 sqft
2022-06-01 44 days 1,895 sqft
2022-07-01 47 days 1,884 sqft
2022-08-01 52 days 1,849 sqft
2022-09-01 57 days 1,841 sqft
2022-10-01 61 days 1,841 sqft
2022-11-01 65 days 1,850 sqft
2022-12-01 79 days 1,826 sqft
2023-01-01 85 days 1,834 sqft
2023-02-01 69 days 1,887 sqft
2023-03-01 51 days 1,913 sqft
2023-04-01 51 days 1,997 sqft
2023-05-01 44 days 1,999 sqft
2023-06-01 46 days 2,023 sqft
2023-07-01 42 days 1,955 sqft
2023-08-01 46 days 1,982 sqft
2023-09-01 46 days 2,004 sqft
2023-10-01 48 days 1,999 sqft
2023-11-01 55 days 1,976 sqft
2023-12-01 68 days 1,937 sqft
Santa Rosa's median listing age (time on market) for 2023-12-01 was 68 days. This is -14% shorter than the same period one year ago.

Santa Rosa's median square footage for active listings during the 2023-12-01 period was 1,937 sqft. One year prior, the average listing was 1,826 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.