Sonora VA Loan Rates, Closing Costs & Stats
Sonora, 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.
Sonora's 21 lenders originated 59 VA loans during 2024. The total origination value was $25,075,000, with an average VA loan value of $425,000.
Sonora VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Sonora
averaged
0.58%
for the week of 2025-06-20, compared to the national average (all VA variants) of
0% for the same period.
Sonora's average VA mortgage closing costs are $6,248.
The average rate for the prior week (2025-06-13) was
7.23% and
one month ago for the week of 2025-05-16, the
average rate was 6.99%.
The average rate one year ago was 6.89%.
For refis of the same type during the week of 2025-06-20, the average rate
was 0.35%.
Sonora 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 Sonora level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | 18 | 5.91% | $4,704 |
| Mortgage Research Center, LLC | 6 | 6.25% | $2,556 |
| QUICKEN LOANS, LLC | 6 | 5.83% | $8,916 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 5 | 6.60% | $12,652 |
| SUN WEST MORTGAGE COMPANY, INC. | 3 | 6.46% | $5,844 |
| FREEDOM MORTGAGE CORPORATION | 2 | 6.00% | $5,463 |
| NEWREZ LLC | 2 | 6.50% | $18,681 |
| PREMIER MORTGAGE RESOURCES, L.L.C. | 2 | 6.50% | $16,615 |
| Equity Prime Mortgage LLC | 2 | 6.31% | $11,370 |
| The Federal Savings Bank | 1 | 6.63% | $8,949 |
| Umpqua Bank | 1 | 7.00% | $10,480 |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 1 | 6.25% | $9,310 |
| VILLAGE CAPITAL MORTGAGE | 1 | 5.75% | $4,752 |
| Century Mortgage Company DBA Century Lending Company | 1 | 5.63% | $5,229 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 6.75% | $2,212 |
| LOANDEPOT.COM, LLC | 1 | 4.99% | $22,600 |
| MORTGAGEONE, INC. | 1 | 5.75% | $13,962 |
| NAVY FEDERAL CREDIT UNION | 1 | 6.25% | $3,502 |
| NOVA FINANCIAL & INVESTMENT CORPORATION | 1 | 6.75% | $386 |
| NP, Inc. | 1 | 6.75% | $0 |
| Paramount Residential Mortgage Group, Inc. | 1 | 6.25% | $9,785 |
The top Sonora VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
18 VA loans originated. Their average total fees are
$4,704, which is $2,148
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Sonora VA lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC ($4,704), .
The lowest rate Sonora VA lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (5.91%), .