Stockton VA Loan Rates, Closing Costs & Stats

STOCKTON, CA

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    • 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.

    Stockton's 107 lenders originated 799 VA loans during 2022. The total origination value was $386,935,000, with an average VA loan value of $484,274.

    Stockton VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Stockton averaged 6.5% for the week of 2023-09-22, compared to the national average (all VA variants) of 6.823% for the same period.

    Stockton's average VA mortgage closing costs are $7,388.

    The average rate for the prior week (2023-09-15) was 6.57% and one month ago for the week of 2023-08-18, the average rate was 6.66%.

    The average rate one year ago was 5.42%.

    For refis of the same type during the week of 2023-09-22, the average rate was 5.2%.

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

    Stockton 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 Stockton level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 103 4.03% $11,639
    Mortgage Research Center, LLC 66 4.75% $11,220
    QUICKEN LOANS, LLC 64 3.74% $16,077
    LOANDEPOT.COM, LLC 51 4.02% $15,262
    FREEDOM MORTGAGE CORPORATION 49 3.65% $13,240
    PENNYMAC LOAN SERVICES, LLC 34 3.18% $11,548
    HOME POINT FINANCIAL CORPORATION 25 3.54% $8,985
    AMERICAN PACIFIC MORTGAGE CORPORATION 23 4.93% $11,132
    SUMMIT FUNDING, INC. 21 5.23% $16,623
    CALIBER HOME LOANS, INC. 14 4.52% $14,338
    NAVY FEDERAL CREDIT UNION 13 3.46% $8,218
    CROSSCOUNTRY MORTGAGE, LLC 11 4.60% $15,078
    DHI MORTGAGE COMPANY, LTD. 10 4.63% $13,680
    The Federal Savings Bank 10 3.59% $18,626
    USAA Federal Savings Bank 10 3.40% $6,792
    CLEARPATH LENDING 10 3.34% $12,939
    HOMEAMERICAN MORTGAGE CORPORATION 9 3.97% $3,629
    FINANCE OF AMERICA MORTGAGE LLC 9 4.33% $8,053
    KBHS HOME LOANS, LLC 9 4.42% $22,959
    Paramount Residential Mortgage Group, Inc. 9 4.36% $6,759
    AMERISAVE MORTGAGE CORPORATION 8 3.36% $13,788
    CMG MORTGAGE, INC. 8 4.36% $16,463
    NATIONS DIRECT MORTGAGE, LLC 8 4.47% $17,743
    VILLAGE CAPITAL MORTGAGE 7 4.16% $24,504
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 4.36% $13,908
    SCENIC OAKS FUNDING, INC. 7 4.45% $11,172
    PRIMARY RESIDENTIAL MORTGAGE, INC. 7 5.38% $9,877
    Mr. Cooper ( Nationstar Mortgage ) 7 4.46% $9,208
    PENTAGON FEDERAL CREDIT UNION 6 3.13% $7,143
    GUILD MORTGAGE COMPANY 5 4.45% $11,131
    CARDINAL FINANCIAL 5 4.27% $21,547
    Flagstar Bank, FSB 5 3.63% $11,170
    HOMEBRIDGE FINANCIAL SERVICES, INC. 5 4.23% $15,851
    NEW DAY FINANCIAL, LLC 5 4.20% $19,528
    LAKEVIEW LOAN SERVICING, LLC 4 4.15% $4,335
    HOMEOWNERS FINANCIAL GROUP USA, LLC 4 4.31% $18,827
    PLANET HOME LENDING, LLC 4 4.06% $9,078
    South Pacific Financial Corporation 4 4.28% $14,303
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 4.63% $16,945
    SUN WEST MORTGAGE COMPANY, INC. 4 3.41% $19,917
    BROKER SOLUTIONS, INC. 3 4.71% $17,299
    BAY EQUITY LLC 3 5.75% $21,077
    Magnolia Bank 3 4.41% $22,093
    LOANPAL, LLC 3 3.58% $18,320
    North American Savings Bank, F.S.B. 3 4.00% $5,536
    FBC MORTGAGE, LLC 3 3.50% $16,940
    S1L, Inc. 3 4.29% $6,361
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 4.83% $14,057
    NEWREZ LLC 3 3.00% $6,172
    Sierra Pacific Mortgage Company, Inc. 3 3.63% $15,874
    PLAZA HOME MORTGAGE, INC. 3 5.79% $15,195
    Wells Fargo Bank 3 4.96% $13,316
    Carrington Mortgage Services, LLC 3 4.17% $8,061
    ACADEMY MORTGAGE CORPORATION 2 4.63% $9,134
    AMERICAN FINANCING CORPORATION 2 2.94% $12,146
    Barrington Bank & Trust Company, N.A. 2 4.25% $4,722
    CANOPY MORTGAGE, LLC 2 3.69% $6,474
    Century Mortgage Company DBA Century Lending Company 2 3.75% $14,018
    Equity Prime Mortgage LLC 2 5.44% $12,355
    GUARANTEED RATE, INC. 2 3.81% $9,544
    MASON MCDUFFIE MORTGAGE CORPORATION 2 3.44% $32,397
    MOVEMENT MORTGAGE, LLC 2 4.63% $13,144
    NFM, INC. 2 5.06% $13,913
    PREMIER MORTGAGE RESOURCES, L.L.C. 2 5.50% $16,814
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.31% $10,811
    Shea Mortgage Inc. 2 3.44% $9,852
    U.S. Bank 2 6.25% $13,777
    LADERA LENDING, INC. 1 4.75% $8,317
    VERITAS FUNDING, LLC 1 4.88% $12,840
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 1 5.75% $12,262
    Northpointe Bank 1 5.38% $8,310
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 3.25% $12,786
    JPMorgan Chase Bank 1 3.13% $500
    Hometown Lenders, Inc. 1 4.63% $22,687
    Hometown Equity Mortgage, LLC 1 6.00% $19,208
    GUARANTEED RATE AFFINITY, LLC 1 4.88% $8,165
    Golden Empire Mortgage, Inc. 1 3.75% $6,997
    PREMIER LENDING, INC. 1 5.50% $8,664
    Alerus Financial 1 6.50% $33,938
    First Savings Bank 1 2.75% $14,024
    Prime Choice Funding Inc. 1 3.75% $10,077
    Watermark Capital, Inc. 1 3.75% $4,493
    PULTE MORTGAGE LLC 1 2.50% $21,656
    First Mortgage Solutions, LLC 1 2.38% $2,981
    RESIDENTIAL BANCORP 1 5.75% $3,569
    First Guaranty Mortgage Corporation 1 3.75% $19,387
    EAGLE HOME MORTGAGE, LLC 1 3.00% $6,378
    DIGNIFIED HOME LOANS, LLC 1 3.75% $3,456
    Service Federal Credit Union 1 4.75% $2,748
    ALAMEDA MORTGAGE CORPORATION 1 5.00% $6,714
    Cornerstone First Mortgage, Inc 1 2.62% $4,865
    CALCON MUTUAL MORTGAGE LLC 1 3.13% $1,668
    SOVEREIGN LENDING GROUP INCORPORATED 1 4.63% $13,589
    Bank of the West 1 5.13% $23,445
    Bank of America 1 4.88% $18,922
    Texana Bank 1 2.75% $9,018
    Armed Forces Bank 1 3.75% $14,951
    TOP FLITE FINANCIAL, INC. 1 4.75% $56,671
    UNION HOME MORTGAGE CORP. 1 2.25% $1,169
    Amerifirst Financial, Inc. 1 5.50% $18,616
    AMERICAN FINANCIAL RESOURCES, INC. 1 4.75% $27,826
    ZILLOW HOME LOANS, LLC 1 4.63% $22,383
    Mutual Federal Bank 1 3.75% $28,009
    MUTUAL OF OMAHA MORTGAGE, INC. 1 3.25% $12,198
    M&T Bank 1 2.75% $5,852
    LEADERONE FINANCIAL CORPORATION 1 3.75% $7,122
    Lakeview Community Capital, LLC 1 2.75% $3,528

    The top Stockton VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 103 VA loans originated. Their average total fees are $11,639, which is $418 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Stockton VA lenders (with over 10 loans originated) are USAA Federal Savings Bank ($6,792), NAVY FEDERAL CREDIT UNION ($8,218), HOME POINT FINANCIAL CORPORATION ($8,985), AMERICAN PACIFIC MORTGAGE CORPORATION ($11,132) and Mortgage Research Center, LLC ($11,220).

    The lowest rate Stockton VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.18%), CLEARPATH LENDING (3.34%), USAA Federal Savings Bank (3.40%), NAVY FEDERAL CREDIT UNION (3.46%) and HOME POINT FINANCIAL CORPORATION (3.54%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Stockton (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 $383,500 (12.1%) $466,243 (8.2%) 1.42 825
    2018-02-01 $377,000 (8.0%) $467,496 (9.4%) 1.37 821
    2018-03-01 $375,000 (7.9%) $454,806 (6.6%) 1.32 828
    2018-04-01 $383,000 (6.4%) $470,046 (8.8%) 1.30 920
    2018-05-01 $383,000 (3.0%) $478,855 (7.4%) 1.28 1,039
    2018-06-01 $389,900 (2.8%) $482,302 (7.6%) 1.30 1,151
    2018-07-01 $389,900 (1.3%) $475,160 (6.0%) 1.30 1,216
    2018-08-01 $385,500 (1.5%) $464,159 (3.8%) 1.29 1,371
    2018-09-01 $385,000 (1.6%) $464,069 (4.0%) 1.29 1,475
    2018-10-01 $385,000 (2.7%) $460,830 (3.3%) 1.30 1,506
    2018-11-01 $386,425 (2.9%) $509,344 (12.2%) 1.31 1,504
    2018-12-01 $389,000 (2.4%) $461,578 (0.7%) 1.34 1,395
    2019-01-01 $386,250 (0.7%) $452,564 (-2.9%) 1.33 1,206
    2019-02-01 $380,000 (0.8%) $452,218 (-3.3%) 1.28 1,151
    2019-03-01 $400,082 (6.7%) $476,973 (4.9%) 1.31 1,141
    2019-04-01 $417,000 (8.9%) $488,914 (4.0%) 1.32 1,176
    2019-05-01 $419,500 (9.5%) $497,400 (3.9%) 1.31 1,304
    2019-06-01 $424,999 (9.0%) $554,533 (15.0%) 1.33 1,403
    2019-07-01 $428,598 (9.9%) $873,615 (83.9%) 1.34 1,456
    2019-08-01 $426,848 (10.7%) $1,030,356 (122.0%) 1.35 1,441
    2019-09-01 $422,121 (9.6%) $782,546 (68.6%) 1.35 1,467
    2019-10-01 $419,247 (8.9%) $534,562 (16.0%) 1.35 1,474
    2019-11-01 $425,000 (10.0%) $482,396 (-5.3%) 1.39 1,378
    2019-12-01 $432,500 (11.2%) $491,445 (6.5%) 1.44 1,131
    2020-01-01 $424,975 (10.0%) $494,574 (9.3%) 1.42 981
    2020-02-01 $434,000 (14.2%) $504,604 (11.6%) 1.42 893
    2020-03-01 $429,225 (7.3%) $500,527 (4.9%) 1.35 905
    2020-04-01 $429,450 (3.0%) $502,525 (2.8%) 1.35 975
    2020-05-01 $432,450 (3.1%) $510,224 (2.6%) 1.31 964
    2020-06-01 $445,750 (4.9%) $532,692 (-3.9%) 1.31 772
    2020-07-01 $445,000 (3.8%) $548,761 (-37.2%) 1.29 640
    2020-08-01 $449,000 (5.2%) $548,911 (-46.7%) 1.29 566
    2020-09-01 $455,450 (7.9%) $568,386 (-27.4%) 1.31 562
    2020-10-01 $450,000 (7.3%) $550,808 (3.0%) 1.29 555
    2020-11-01 $450,000 (5.9%) $574,401 (19.1%) 1.32 490
    2020-12-01 $449,950 (4.0%) $578,313 (17.7%) 1.34 400
    2021-01-01 $450,000 (5.9%) $601,515 (21.6%) 1.34 334
    2021-02-01 $459,500 (5.9%) $607,067 (20.3%) 1.34 330
    2021-03-01 $453,450 (5.6%) $590,781 (18.0%) 1.29 382
    2021-04-01 $498,250 (16.0%) $625,326 (24.4%) 1.35 410
    2021-05-01 $499,000 (15.4%) $623,769 (22.3%) 1.33 446
    2021-06-01 $524,595 (17.7%) $643,418 (20.8%) 1.38 569
    2021-07-01 $540,000 (21.4%) $643,722 (17.3%) 1.42 677
    2021-08-01 $537,450 (19.7%) $650,459 (18.5%) 1.43 792
    2021-09-01 $542,250 (19.1%) $646,095 (13.7%) 1.45 825
    2021-10-01 $539,570 (19.9%) $632,949 (14.9%) 1.44 816
    2021-11-01 $540,144 (20.0%) $632,138 (10.1%) 1.44 649
    2021-12-01 $542,475 (20.6%) $649,193 (12.3%) 1.47 491
    2022-01-01 $548,250 (21.8%) $660,166 (9.8%) 1.48 383
    2022-02-01 $565,000 (23.0%) $700,971 (15.5%) 1.47 395
    2022-03-01 $595,000 (31.2%) $740,624 (25.4%) 1.49 447
    2022-04-01 $600,000 (20.4%) $741,732 (18.6%) 1.43 559
    2022-05-01 $627,000 (25.7%) $733,646 (17.6%) 1.43 798
    2022-06-01 $631,997 (20.5%) $718,105 (11.6%) 1.41 1,031
    2022-07-01 $601,278 (11.4%) $682,566 (6.0%) 1.35 1,321
    2022-08-01 $594,795 (10.7%) $664,683 (2.2%) 1.38 1,333
    2022-09-01 $581,950 (7.3%) $659,698 (2.1%) 1.36 1,237
    2022-10-01 $560,000 (3.8%) $640,970 (1.3%) 1.32 1,239
    2022-11-01 $550,450 (1.9%) $636,525 (0.7%) 1.32 1,138
    2022-12-01 $542,745 (0.1%) $631,515 (-2.7%) 1.34 955
    2023-01-01 $539,495 (-1.6%) $623,692 (-5.5%) 1.34 798
    2023-02-01 $543,998 (-3.7%) $633,471 (-9.6%) 1.31 672
    2023-03-01 $547,500 (-8.0%) $646,803 (-12.7%) 1.29 574
    2023-04-01 $579,000 (-3.5%) $685,337 (-7.6%) 1.35 538
    2023-05-01 $575,000 (-8.3%) $681,551 (-7.1%) 1.30 546
    2023-06-01 $582,000 (-7.9%) $698,264 (-2.8%) 1.31 534
    2023-07-01 $587,800 (-2.2%) $705,176 (3.3%) 1.34 579
    2023-08-01 $585,965 (-1.5%) $681,632 (2.6%) 1.35 626
    Stockton's median listing price for 2023-08-01 was $585,965, a difference of $-8,830 (-1.5%) versus the prior year and $-1,835 versus the prior month.

    Stockton's median listing price comes in at 135% of the national average.

    Stockton's average listing price for 2023-08-01 was $681,632, a difference of $16,949 (2.6%) versus the prior year and $-23,544 versus the prior month.

    For the 2023-08-01 period, Stockton had 626 MLS listings, a difference of 47 listings (8%) versus the prior month and -707 listings (-53%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Stockton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 53 days 1,891 sqft
    2018-02-01 37 days 1,824 sqft
    2018-03-01 33 days 1,787 sqft
    2018-04-01 31 days 1,797 sqft
    2018-05-01 30 days 1,800 sqft
    2018-06-01 36 days 1,830 sqft
    2018-07-01 37 days 1,819 sqft
    2018-08-01 37 days 1,789 sqft
    2018-09-01 37 days 1,802 sqft
    2018-10-01 44 days 1,809 sqft
    2018-11-01 45 days 1,794 sqft
    2018-12-01 53 days 1,800 sqft
    2019-01-01 63 days 1,786 sqft
    2019-02-01 48 days 1,774 sqft
    2019-03-01 40 days 1,827 sqft
    2019-04-01 37 days 1,873 sqft
    2019-05-01 36 days 1,917 sqft
    2019-06-01 38 days 1,900 sqft
    2019-07-01 43 days 1,926 sqft
    2019-08-01 46 days 1,920 sqft
    2019-09-01 46 days 1,879 sqft
    2019-10-01 47 days 1,851 sqft
    2019-11-01 52 days 1,886 sqft
    2019-12-01 64 days 1,889 sqft
    2020-01-01 66 days 1,856 sqft
    2020-02-01 50 days 1,890 sqft
    2020-03-01 41 days 1,877 sqft
    2020-04-01 44 days 1,867 sqft
    2020-05-01 56 days 1,897 sqft
    2020-06-01 58 days 1,918 sqft
    2020-07-01 58 days 1,899 sqft
    2020-08-01 40 days 1,898 sqft
    2020-09-01 35 days 1,886 sqft
    2020-10-01 35 days 1,826 sqft
    2020-11-01 38 days 1,827 sqft
    2020-12-01 46 days 1,779 sqft
    2021-01-01 44 days 1,774 sqft
    2021-02-01 28 days 1,701 sqft
    2021-03-01 27 days 1,638 sqft
    2021-04-01 23 days 1,728 sqft
    2021-05-01 24 days 1,753 sqft
    2021-06-01 21 days 1,830 sqft
    2021-07-01 25 days 1,827 sqft
    2021-08-01 25 days 1,844 sqft
    2021-09-01 30 days 1,838 sqft
    2021-10-01 33 days 1,836 sqft
    2021-11-01 40 days 1,825 sqft
    2021-12-01 45 days 1,803 sqft
    2022-01-01 39 days 1,760 sqft
    2022-02-01 28 days 1,737 sqft
    2022-03-01 25 days 1,821 sqft
    2022-04-01 24 days 1,890 sqft
    2022-05-01 24 days 1,905 sqft
    2022-06-01 26 days 1,925 sqft
    2022-07-01 31 days 1,894 sqft
    2022-08-01 38 days 1,900 sqft
    2022-09-01 45 days 1,896 sqft
    2022-10-01 48 days 1,871 sqft
    2022-11-01 51 days 1,878 sqft
    2022-12-01 62 days 1,848 sqft
    2023-01-01 65 days 1,852 sqft
    2023-02-01 53 days 1,871 sqft
    2023-03-01 45 days 1,849 sqft
    2023-04-01 33 days 1,910 sqft
    2023-05-01 34 days 1,859 sqft
    2023-06-01 33 days 1,897 sqft
    2023-07-01 30 days 1,885 sqft
    2023-08-01 32 days 1,865 sqft
    Stockton's median listing age (time on market) for 2023-08-01 was 32 days. This is -15% shorter than the same period one year ago.

    Stockton's median square footage for active listings during the 2023-08-01 period was 1,865 sqft. One year prior, the average listing was 1,900 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.