St. George VA Loan Rates, Closing Costs & Stats

ST. GEORGE, UT

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    St. George's 69 lenders originated 324 VA loans during 2022. The total origination value was $150,210,000, with an average VA loan value of $463,611.

    St. George VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in St. George averaged 5.6% for the week of 2023-03-17, compared to the national average (all VA variants) of 6.138% for the same period.

    St. George's average VA mortgage closing costs are $6,542.

    The average rate for the prior week (2023-03-10) was 5.88% and one month ago for the week of 2023-02-10, the average rate was 5.8%.

    The average rate one year ago was 3.7%.

    For refis of the same type during the week of 2023-03-17, the average rate was 4.97%.

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

    St. George 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 St. George level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 39 4.12% $10,764
    FIRST COLONY MORTGAGE CORPORATION 25 4.23% $9,310
    QUICKEN LOANS, LLC 23 3.53% $12,016
    Mortgage Research Center, LLC 19 4.99% $12,126
    INTERCAP LENDING INC. 18 4.54% $12,115
    GUILD MORTGAGE COMPANY 17 5.11% $20,555
    SUN AMERICAN MORTGAGE COMPANY 16 4.16% $11,889
    BELEM SERVICING LLC 15 4.19% $8,766
    CHERRY CREEK MORTGAGE, LLC 12 4.22% $6,506
    PENNYMAC LOAN SERVICES, LLC 10 3.09% $11,046
    FREEDOM MORTGAGE CORPORATION 10 3.68% $13,076
    The Federal Savings Bank 8 4.73% $23,598
    BROKER SOLUTIONS, INC. 7 4.67% $10,278
    ACADEMY MORTGAGE CORPORATION 6 4.06% $10,958
    USAA Federal Savings Bank 5 3.95% $6,576
    NAVY FEDERAL CREDIT UNION 5 3.73% $9,134
    LOANDEPOT.COM, LLC 4 3.22% $13,966
    VILLAGE CAPITAL MORTGAGE 4 4.19% $31,049
    CITYWIDE HOME LOANS, LLC 4 4.96% $9,511
    CMG MORTGAGE, INC. 3 4.88% $10,382
    Barrington Bank & Trust Company, N.A. 3 4.62% $6,881
    FINANCE OF AMERICA MORTGAGE LLC 2 5.06% $10,460
    Low VA Rates, LLC 2 5.06% $7,868
    CORNERSTONE HOME LENDING, INC. 2 3.50% $12,025
    MY MOVE MORTGAGE, LLC 2 4.31% $10,808
    CALIBER HOME LOANS, INC. 2 3.10% $5,324
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.25% $8,983
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.87% $2,490
    Paramount Residential Mortgage Group, Inc. 2 4.06% $20,565
    HOME POINT FINANCIAL CORPORATION 2 3.31% $11,950
    AMERICAN FINANCING CORPORATION 2 3.31% $6,500
    Sunflower Bank 2 4.94% $3,564
    AMERISAVE MORTGAGE CORPORATION 2 3.25% $9,796
    The Central Trust Bank 2 3.50% $5,764
    VERITAS FUNDING, LLC 2 3.81% $10,981
    Watermark Capital, Inc. 1 2.50% $2,595
    AMERICA FIRST 1 6.00% $18,905
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.99% $675
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.75% $7,431
    AXIA FINANCIAL, LLC 1 6.75% $17,656
    BAY EQUITY LLC 1 3.99% $18,895
    BNC National Bank 1 2.88% $5,969
    CANOPY MORTGAGE, LLC 1 3.25% $3,441
    Carrington Mortgage Services, LLC 1 4.63% $32,845
    CASTLE & COOKE MORTGAGE, LLC 1 3.13% $8,377
    Century Mortgage Company DBA Century Lending Company 1 3.25% $4,008
    Citizens Bank 1 3.50% $3,186
    CROSSCOUNTRY MORTGAGE, LLC 1 3.88% $28,499
    EMBRACE HOME LOANS, INC. 1 5.75% $8,638
    EVERETT FINANCIAL, INC. 1 3.88% $2,551
    First Bank 1 3.25% $5,458
    Flagstar Bank, FSB 1 4.75% $15,737
    GUARANTEED RATE, INC. 1 4.63% $10,615
    GUARANTY HOME MORTGAGE CORPORATION 1 5.25% $7,653
    LOANPAL, LLC 1 3.50% $20,108
    Magnolia Bank 1 3.50% $12,250
    MORIA DEVELOPMENT, INC. 1 6.38% $17,202
    Mr. Cooper ( Nationstar Mortgage ) 1 5.75% $26,901
    NATIONS RELIABLE LENDING, LLC 1 4.13% $4,003
    NEWREZ LLC 1 2.88% $5,995
    North American Savings Bank, F.S.B. 1 3.75% $11,971
    Paramount Bank 1 5.25% $6,196
    PENTAGON FEDERAL CREDIT UNION 1 3.50% $12,438
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.25% $16,239
    RANLIFE, INC. 1 5.00% $5,830
    SECURITYNATIONAL MORTGAGE COMPANY 1 3.75% $16,644
    Strong Home Mortgage, LLC 1 4.00% $9,636
    SUN WEST MORTGAGE COMPANY, INC. 1 3.75% $14,243
    VAN DYK MORTGAGE CORPORATION 1 5.00% $1,748

    The top St. George VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 39 VA loans originated. Their average total fees are $10,764, which is $1,454 higher than the next largest lender, FIRST COLONY MORTGAGE CORPORATION.

    The lowest fee St. George VA lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($6,506), BELEM SERVICING LLC ($8,766), FIRST COLONY MORTGAGE CORPORATION ($9,310), UNITED WHOLESALE MORTGAGE, LLC ($10,764) and PENNYMAC LOAN SERVICES, LLC ($11,046).

    The lowest rate St. George VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.09%), QUICKEN LOANS, LLC (3.53%), FREEDOM MORTGAGE CORPORATION (3.68%), UNITED WHOLESALE MORTGAGE, LLC (4.12%) and SUN AMERICAN MORTGAGE COMPANY (4.16%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - St. George (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 $364,950 (6.6%) $468,710 (0.7%) 0.00 1,049
    2018-02-01 $379,450 (8.5%) $538,718 (14.9%) 0.00 1,149
    2018-03-01 $379,900 (8.6%) $537,314 (16.3%) 0.00 1,142
    2018-04-01 $390,875 (11.7%) $561,402 (21.9%) 0.00 1,072
    2018-05-01 $396,250 (6.4%) $556,838 (6.9%) 0.00 1,053
    2018-06-01 $389,000 (4.6%) $541,935 (4.8%) 0.00 1,064
    2018-07-01 $381,942 (6.1%) $541,181 (6.3%) 0.00 1,098
    2018-08-01 $388,900 (6.7%) $478,965 (-6.5%) 0.00 1,119
    2018-09-01 $386,173 (5.8%) $495,232 (-3.6%) 0.00 1,198
    2018-10-01 $379,900 (6.9%) $484,825 (6.0%) 0.00 1,294
    2018-11-01 $377,561 (7.3%) $477,462 (4.6%) 0.00 1,326
    2018-12-01 $379,950 (4.5%) $479,560 (2.8%) 0.00 1,246
    2019-01-01 $379,950 (4.1%) $479,747 (2.4%) 0.00 1,210
    2019-02-01 $397,000 (4.6%) $493,515 (-8.4%) 0.00 1,367
    2019-03-01 $399,900 (5.3%) $499,513 (-7.0%) 0.00 1,411
    2019-04-01 $399,900 (2.3%) $495,821 (-11.7%) 0.00 1,383
    2019-05-01 $399,900 (0.9%) $501,703 (-9.9%) 0.00 1,261
    2019-06-01 $399,900 (2.8%) $502,227 (-7.3%) 0.00 1,236
    2019-07-01 $409,175 (7.1%) $2,166,063 (300.3%) 0.00 1,187
    2019-08-01 $406,664 (4.6%) $1,748,773 (265.1%) 0.00 1,217
    2019-09-01 $402,634 (4.3%) $1,049,189 (111.9%) 0.00 1,298
    2019-10-01 $400,197 (5.3%) $520,251 (7.3%) 0.00 1,338
    2019-11-01 $418,135 (10.8%) $527,888 (10.6%) 0.00 1,220
    2019-12-01 $427,500 (12.5%) $535,906 (11.8%) 0.00 1,174
    2020-01-01 $429,450 (13.0%) $538,565 (12.3%) 0.00 1,161
    2020-02-01 $429,900 (8.3%) $552,807 (12.0%) 0.00 1,233
    2020-03-01 $439,916 (10.0%) $570,287 (14.2%) 0.00 1,249
    2020-04-01 $444,450 (11.1%) $560,640 (13.1%) 0.00 1,338
    2020-05-01 $439,900 (10.0%) $569,055 (13.4%) 0.00 1,212
    2020-06-01 $444,940 (11.3%) $586,520 (16.8%) 0.00 973
    2020-07-01 $454,000 (11.0%) $603,191 (-72.2%) 0.00 819
    2020-08-01 $456,000 (12.1%) $641,776 (-63.3%) 0.00 666
    2020-09-01 $467,500 (16.1%) $678,244 (-35.4%) 0.00 605
    2020-10-01 $500,000 (24.9%) $758,599 (45.8%) 0.00 513
    2020-11-01 $529,900 (26.7%) $831,809 (57.6%) 0.00 460
    2020-12-01 $538,425 (26.0%) $828,405 (54.6%) 0.00 413
    2021-01-01 $549,250 (27.9%) $839,009 (55.8%) 0.00 312
    2021-02-01 $584,832 (36.0%) $846,219 (53.1%) 0.00 287
    2021-03-01 $612,450 (39.2%) $835,305 (46.5%) 0.00 259
    2021-04-01 $635,086 (42.9%) $840,053 (49.8%) 0.00 254
    2021-05-01 $650,000 (47.8%) $887,800 (56.0%) 0.00 318
    2021-06-01 $649,900 (46.1%) $1,271,950 (116.9%) 0.00 412
    2021-07-01 $644,950 (42.1%) $1,164,227 (93.0%) 0.00 522
    2021-08-01 $625,000 (37.1%) $1,103,523 (72.0%) 0.00 591
    2021-09-01 $630,495 (34.9%) $1,000,160 (47.5%) 0.00 679
    2021-10-01 $620,000 (24.0%) $991,164 (30.7%) 0.00 701
    2021-11-01 $633,950 (19.6%) $1,015,881 (22.1%) 0.00 617
    2021-12-01 $659,925 (22.6%) $1,100,696 (32.9%) 0.00 505
    2022-01-01 $725,000 (32.0%) $1,203,247 (43.4%) 0.00 408
    2022-02-01 $770,000 (31.7%) $1,276,826 (50.9%) 0.00 369
    2022-03-01 $788,000 (28.7%) $1,252,213 (49.9%) 0.00 431
    2022-04-01 $779,500 (22.7%) $986,129 (17.4%) 0.00 473
    2022-05-01 $766,175 (17.9%) $952,299 (7.3%) 0.00 676
    2022-06-01 $739,950 (13.9%) $901,552 (-29.1%) 0.00 866
    2022-07-01 $699,900 (8.5%) $848,270 (-27.1%) 0.00 1,101
    2022-08-01 $667,400 (6.8%) $800,015 (-27.5%) 0.00 1,247
    2022-09-01 $656,475 (4.1%) $788,189 (-21.2%) 0.00 1,293
    2022-10-01 $649,900 (4.8%) $779,072 (-21.4%) 0.00 1,375
    2022-11-01 $649,450 (2.4%) $776,455 (-23.6%) 0.00 1,379
    2022-12-01 $649,500 (-1.6%) $779,550 (-29.2%) 0.00 1,319
    2023-01-01 $629,975 (-13.1%) $770,741 (-35.9%) 0.00 1,231
    2023-02-01 $658,613 (-14.5%) $824,017 (-35.5%) 0.00 1,269
    St. George's median listing price for 2023-02-01 was $658,613, a difference of $-111,387 (-14.5%) versus the prior year and $28,638 versus the prior month.

    St. George's median listing price comes in at 0% of the national average.

    St. George's average listing price for 2023-02-01 was $824,017, a difference of $-452,809 (-35.5%) versus the prior year and $53,276 versus the prior month.

    For the 2023-02-01 period, St. George had 1,269 MLS listings, a difference of 38 listings (3%) versus the prior month and 900 listings (244%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - St. George (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,241 sqft
    2018-02-01 0 days 2,281 sqft
    2018-03-01 0 days 2,258 sqft
    2018-04-01 0 days 2,292 sqft
    2018-05-01 0 days 2,293 sqft
    2018-06-01 0 days 2,249 sqft
    2018-07-01 0 days 2,223 sqft
    2018-08-01 0 days 2,239 sqft
    2018-09-01 0 days 2,246 sqft
    2018-10-01 0 days 2,205 sqft
    2018-11-01 0 days 2,179 sqft
    2018-12-01 0 days 2,184 sqft
    2019-01-01 0 days 2,174 sqft
    2019-02-01 0 days 2,191 sqft
    2019-03-01 0 days 2,247 sqft
    2019-04-01 0 days 2,238 sqft
    2019-05-01 0 days 2,240 sqft
    2019-06-01 0 days 2,200 sqft
    2019-07-01 0 days 2,186 sqft
    2019-08-01 0 days 2,180 sqft
    2019-09-01 0 days 2,173 sqft
    2019-10-01 0 days 2,191 sqft
    2019-11-01 0 days 2,268 sqft
    2019-12-01 0 days 2,293 sqft
    2020-01-01 0 days 2,271 sqft
    2020-02-01 0 days 2,256 sqft
    2020-03-01 0 days 2,306 sqft
    2020-04-01 0 days 2,309 sqft
    2020-05-01 0 days 2,300 sqft
    2020-06-01 0 days 2,305 sqft
    2020-07-01 0 days 2,319 sqft
    2020-08-01 0 days 2,330 sqft
    2020-09-01 0 days 2,353 sqft
    2020-10-01 0 days 2,464 sqft
    2020-11-01 0 days 2,502 sqft
    2020-12-01 0 days 2,500 sqft
    2021-01-01 0 days 2,569 sqft
    2021-02-01 0 days 2,536 sqft
    2021-03-01 0 days 2,459 sqft
    2021-04-01 0 days 2,499 sqft
    2021-05-01 0 days 2,574 sqft
    2021-06-01 0 days 2,519 sqft
    2021-07-01 0 days 2,389 sqft
    2021-08-01 0 days 2,288 sqft
    2021-09-01 0 days 2,318 sqft
    2021-10-01 0 days 2,322 sqft
    2021-11-01 0 days 2,334 sqft
    2021-12-01 0 days 2,458 sqft
    2022-01-01 0 days 2,568 sqft
    2022-02-01 0 days 2,570 sqft
    2022-03-01 0 days 2,555 sqft
    2022-04-01 0 days 2,498 sqft
    2022-05-01 0 days 2,454 sqft
    2022-06-01 0 days 2,354 sqft
    2022-07-01 0 days 2,293 sqft
    2022-08-01 0 days 2,222 sqft
    2022-09-01 0 days 2,218 sqft
    2022-10-01 0 days 2,173 sqft
    2022-11-01 0 days 2,178 sqft
    2022-12-01 0 days 2,173 sqft
    2023-01-01 0 days 2,153 sqft
    2023-02-01 0 days 2,221 sqft
    St. George's median listing age (time on market) for 2023-02-01 was 0 days.

    St. George's median square footage for active listings during the 2023-02-01 period was 2,221 sqft. One year prior, the average listing was 2,570 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.