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 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 6.28% for the week of 2024-03-01, compared to the national average (all VA variants) of 6.517% for the same period.

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

The average rate for the prior week (2024-02-23) was 6.4% and one month ago for the week of 2024-01-26, the average rate was 5.93%.

The average rate one year ago was 5.97%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.55%.

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 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 (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
St. George's median listing price for 2024-01-01 was $654,225, a difference of $24,275 (3.9%) versus the prior year and $4,325 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 2024-01-01 was $840,778, a difference of $70,037 (9.1%) versus the prior year and $11,790 versus the prior month.

For the 2024-01-01 period, St. George had 1,138 MLS listings, a difference of -55 listings (-5%) versus the prior month and -93 listings (-8%) 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
St. George's median listing age (time on market) for 2024-01-01 was 0 days.

St. George's median square footage for active listings during the 2024-01-01 period was 2,255 sqft. One year prior, the average listing was 2,154 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.