St. George VA Loan Rates, Closing Costs & Stats

ST. GEORGE, UT

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 51 lenders originated 200 VA loans during 2023. The total origination value was $94,860,000, with an average VA loan value of $474,300.

St. George VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in St. George averaged 6.4% for the week of 2024-07-12, compared to the national average (all VA variants) of 6.364% for the same period.

St. George's average VA mortgage closing costs are $6,840.

The average rate for the prior week (2024-07-05) was 6.71% and one month ago for the week of 2024-06-07, the average rate was 6.43%.

The average rate one year ago was 6.6%.

For refis of the same type during the week of 2024-07-12, the average rate was 6.9%.

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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 33 6.18% $11,383
GUILD MORTGAGE COMPANY 21 6.27% $15,625
FIRST COLONY MORTGAGE CORPORATION 17 6.07% $10,933
SUN AMERICAN MORTGAGE COMPANY 14 6.04% $12,393
INTERCAP LENDING INC. 9 6.29% $8,523
Mortgage Research Center, LLC 8 6.67% $5,928
QUICKEN LOANS, LLC 7 6.34% $19,738
PENNYMAC LOAN SERVICES, LLC 5 6.18% $5,981
VILLAGE CAPITAL MORTGAGE 4 5.82% $16,836
AMERICAN FINANCIAL NETWORK, INC. 4 5.91% $7,756
Mr. Cooper ( Nationstar Mortgage ) 3 5.83% $24,699
BELEM SERVICING LLC 3 6.83% $3,493
CARDINAL FINANCIAL 3 5.75% $17,809
DHI MORTGAGE COMPANY, LTD. 3 5.95% $7,825
MOUNTAIN AMERICA 3 6.29% $5,961
MY MOVE MORTGAGE, LLC 3 6.67% $18,778
NEWREZ LLC 3 5.75% $18,184
Flagstar Bank, FSB 2 6.69% $8,917
MOVEMENT MORTGAGE, LLC 2 6.56% $13,182
ACADEMY MORTGAGE CORPORATION 2 6.94% $7,284
MUTUAL OF OMAHA MORTGAGE, INC. 2 5.94% $17,593
VERITAS FUNDING, LLC 2 6.06% $12,263
LOANDEPOT.COM, LLC 2 5.81% $11,877
BROKER SOLUTIONS, INC. 2 6.38% $4,736
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.38% $11,046
The Federal Savings Bank 2 5.75% $19,801
AMERISAVE MORTGAGE CORPORATION 2 5.75% $12,591
CHERRY CREEK MORTGAGE, LLC 2 6.06% $4,430
USAA Federal Savings Bank 2 5.69% $19,596
CITYWIDE HOME LOANS, LLC 2 6.00% $5,262
CROSSCOUNTRY MORTGAGE, LLC 2 6.62% $9,011
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.25% $19,134
Armed Forces Bank 1 7.00% $2,927
S1L, Inc. 1 6.38% $18,601
Sierra Pacific Mortgage Company, Inc. 1 5.75% $9,545
SOVEREIGN LENDING GROUP INCORPORATED 1 5.25% $15,427
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 5.50% $8,854
CMG MORTGAGE, INC. 1 5.75% $8,048
Century Mortgage Company DBA Century Lending Company 1 6.50% $11,947
FREEDOM MORTGAGE CORPORATION 1 7.25% $6,616
GOLDENWEST 1 6.63% $13,770
BAY EQUITY LLC 1 7.25% $11,085
KELLER MORTGAGE, LLC 1 5.25% $11,099
Mid-Continent Funding, Inc. 1 5.63% $29,772
Barrington Bank & Trust Company, N.A. 1 5.75% $2,113
U.S. Bank 1 6.75% $9,996
NAVY FEDERAL CREDIT UNION 1 4.88% $21,582
AMERICAN INTERNET MORTGAGE, INC. 1 5.13% $11,154
Bank of England 1 6.63% $27,818
PENTAGON FEDERAL CREDIT UNION 1 5.00% $2,766
Plains Commerce Bank 1 4.88% $12,995

The top St. George VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 33 VA loans originated. Their average total fees are $11,383, which is $4,242 lower than the next largest lender, GUILD MORTGAGE COMPANY.

The lowest fee St. George VA lenders (with over 10 loans originated) are FIRST COLONY MORTGAGE CORPORATION ($10,933), UNITED WHOLESALE MORTGAGE, LLC ($11,383), SUN AMERICAN MORTGAGE COMPANY ($12,393), GUILD MORTGAGE COMPANY ($15,625) and .

The lowest rate St. George VA lenders (with over 10 loans originated) are SUN AMERICAN MORTGAGE COMPANY (6.04%), FIRST COLONY MORTGAGE CORPORATION (6.07%), UNITED WHOLESALE MORTGAGE, LLC (6.18%), GUILD MORTGAGE COMPANY (6.27%) and .


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 (22.0%) 0.00 1,072
2018-05-01 $396,250 (6.4%) $556,838 (7.0%) 0.00 1,053
2018-06-01 $389,000 (4.6%) $541,935 (4.9%) 0.00 1,064
2018-07-01 $381,942 (6.1%) $541,181 (6.3%) 0.00 1,098
2018-08-01 $388,900 (6.8%) $478,965 (-6.5%) 0.00 1,119
2018-09-01 $386,173 (5.8%) $495,232 (-3.5%) 0.00 1,198
2018-10-01 $379,900 (6.9%) $484,825 (6.1%) 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%) $499,486 (-7.0%) 0.00 1,410
2019-04-01 $399,900 (2.3%) $495,762 (-11.7%) 0.00 1,380
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%) $552,590 (12.0%) 0.00 1,234
2020-03-01 $439,900 (10.0%) $569,943 (14.1%) 0.00 1,250
2020-04-01 $444,400 (11.1%) $560,220 (13.0%) 0.00 1,340
2020-05-01 $439,900 (10.0%) $568,815 (13.4%) 0.00 1,213
2020-06-01 $444,920 (11.3%) $586,208 (16.7%) 0.00 974
2020-07-01 $454,000 (11.0%) $603,191 (-72.2%) 0.00 819
2020-08-01 $456,000 (12.1%) $641,269 (-63.3%) 0.00 667
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 (46.6%) 0.00 259
2021-04-01 $635,086 (42.9%) $840,053 (50.0%) 0.00 254
2021-05-01 $650,000 (47.8%) $887,800 (56.1%) 0.00 318
2021-06-01 $649,925 (46.1%) $1,270,947 (116.8%) 0.00 413
2021-07-01 $645,000 (42.1%) $1,163,608 (92.9%) 0.00 524
2021-08-01 $625,000 (37.1%) $1,102,629 (71.9%) 0.00 593
2021-09-01 $630,875 (35.0%) $1,000,068 (47.5%) 0.00 680
2021-10-01 $620,000 (24.0%) $990,752 (30.6%) 0.00 703
2021-11-01 $634,500 (19.7%) $1,016,101 (22.2%) 0.00 618
2021-12-01 $659,950 (22.6%) $1,100,818 (32.9%) 0.00 506
2022-01-01 $725,000 (32.0%) $1,203,247 (43.4%) 0.00 409
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 $765,725 (17.8%) $951,086 (7.1%) 0.00 676
2022-06-01 $739,950 (13.9%) $901,399 (-29.1%) 0.00 866
2022-07-01 $699,900 (8.5%) $848,270 (-27.1%) 0.00 1,101
2022-08-01 $665,925 (6.6%) $799,705 (-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%) $778,238 (-21.5%) 0.00 1,375
2022-11-01 $649,450 (2.4%) $776,142 (-23.6%) 0.00 1,379
2022-12-01 $649,500 (-1.6%) $779,550 (-29.2%) 0.00 1,319
2023-01-01 $629,950 (-13.1%) $770,741 (-35.9%) 0.00 1,231
2023-02-01 $659,000 (-14.4%) $823,800 (-35.5%) 0.00 1,269
2023-03-01 $679,729 (-13.7%) $863,229 (-31.1%) 0.00 1,304
2023-04-01 $675,000 (-13.4%) $861,970 (-12.6%) 0.00 1,230
2023-05-01 $682,500 (-10.9%) $885,256 (-6.9%) 0.00 1,142
2023-06-01 $692,425 (-6.4%) $883,911 (-1.9%) 0.00 1,096
2023-07-01 $675,000 (-3.6%) $854,619 (0.8%) 0.00 1,096
2023-08-01 $664,950 (-0.2%) $833,927 (4.3%) 0.00 1,074
2023-09-01 $659,000 (0.4%) $821,883 (4.3%) 0.00 1,183
2023-10-01 $675,000 (3.9%) $843,645 (8.4%) 0.00 1,259
2023-11-01 $664,000 (2.2%) $830,294 (7.0%) 0.00 1,224
2023-12-01 $649,900 (0.1%) $828,988 (6.3%) 0.00 1,193
2024-01-01 $654,225 (3.9%) $840,778 (9.1%) 0.00 1,138
2024-02-01 $696,073 (5.6%) $919,231 (11.6%) 0.00 1,234
2024-03-01 $699,900 (3.0%) $955,037 (10.6%) 0.00 1,290
2024-04-01 $698,750 (3.5%) $954,287 (10.7%) 0.00 1,244
2024-05-01 $696,100 (2.0%) $961,114 (8.6%) 0.00 1,251
2024-06-01 $679,900 (-1.8%) $928,374 (5.0%) 0.00 1,245
St. George's median listing price for 2024-06-01 was $679,900, a difference of $-12,525 (-1.8%) versus the prior year and $-16,200 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 2024-06-01 was $928,374, a difference of $44,463 (5.0%) versus the prior year and $-32,740 versus the prior month.

For the 2024-06-01 period, St. George had 1,245 MLS listings, a difference of -6 listings (0%) versus the prior month and 149 listings (14%) 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 2,255 sqft
2020-03-01 0 days 2,305 sqft
2020-04-01 0 days 2,309 sqft
2020-05-01 0 days 2,300 sqft
2020-06-01 0 days 2,304 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 2,466 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 2,525 sqft
2021-07-01 0 days 2,389 sqft
2021-08-01 0 days 2,294 sqft
2021-09-01 0 days 2,320 sqft
2021-10-01 0 days 2,323 sqft
2021-11-01 0 days 2,335 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 2,444 sqft
2022-06-01 0 days 2,353 sqft
2022-07-01 0 days 2,291 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 2,174 sqft
2023-01-01 0 days 2,154 sqft
2023-02-01 0 days 2,222 sqft
2023-03-01 0 days 2,263 sqft
2023-04-01 0 days 2,270 sqft
2023-05-01 0 days 2,340 sqft
2023-06-01 0 days 2,350 sqft
2023-07-01 0 days 2,270 sqft
2023-08-01 0 days 2,262 sqft
2023-09-01 0 days 2,271 sqft
2023-10-01 0 days 2,318 sqft
2023-11-01 0 days 2,290 sqft
2023-12-01 0 days 2,267 sqft
2024-01-01 0 days 2,255 sqft
2024-02-01 0 days 2,337 sqft
2024-03-01 0 days 2,347 sqft
2024-04-01 0 days 2,341 sqft
2024-05-01 0 days 2,334 sqft
2024-06-01 0 days 2,334 sqft
St. George's median listing age (time on market) for 2024-06-01 was 0 days.

St. George's median square footage for active listings during the 2024-06-01 period was 2,334 sqft. One year prior, the average listing was 2,350 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.