Stockton VA Loans

STOCKTON, 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 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 156 lenders originated 2,436 VA loans during 2021. The total origination value was $993,740,000, with an average VA loan value of $407,939.

Stockton VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Stockton averaged 5.69% for the week of 2022-05-20, compared to the national average (all VA variants) of 5.143% for the same period.

The average rate for the prior week (2022-05-13) was 5.3% and one month ago for the week of 2022-04-15, the average rate was 5.16%.

The average rate one year ago was 3.16%.

For refis of the same type during the week of 2022-05-20, the average rate was 5.05%.

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 and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Stockton level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FREEDOM MORTGAGE CORPORATION 279 2.37% $4,120
QUICKEN LOANS, LLC 217 2.39% $5,901
UNITED WHOLESALE MORTGAGE, LLC 163 2.46% $6,838
LOANDEPOT.COM, LLC 128 2.47% $6,677
Mortgage Research Center, LLC 119 2.80% $9,410
PENNYMAC LOAN SERVICES, LLC 119 2.31% $7,891
HOME POINT FINANCIAL CORPORATION 72 2.47% $6,349
VILLAGE CAPITAL & INVESTMENT LLC 54 2.30% $4,690
CALIBER HOME LOANS, INC. 47 2.53% $6,820
CLEARPATH LENDING 42 2.25% $5,650
NAVY FEDERAL CREDIT UNION 40 2.46% $5,505
SUMMIT FUNDING, INC. 39 2.82% $12,441
NEW DAY FINANCIAL, LLC 38 2.87% $12,280
AMERICAN PACIFIC MORTGAGE CORPORATION 37 2.81% $11,072
LAKEVIEW LOAN SERVICING, LLC 35 2.35% $2,543
The Federal Savings Bank 34 2.44% $9,165
FINANCE OF AMERICA MORTGAGE LLC 31 2.57% $10,451
AMERICAN FINANCIAL NETWORK, INC. 27 2.61% $11,302
Mr. Cooper ( Nationstar Mortgage ) 27 2.62% $4,112
HOMEBRIDGE FINANCIAL SERVICES, INC. 25 2.37% $10,097
USAA Federal Savings Bank 23 2.78% $5,718
BROKER SOLUTIONS, INC. 22 2.49% $7,515
CROSSCOUNTRY MORTGAGE, LLC 19 2.98% $10,458
NEWREZ LLC 17 2.53% $4,871
Lakeview Community Capital, LLC 16 2.47% $2,867
CMG MORTGAGE, INC. 15 2.91% $15,352
Carrington Mortgage Services, LLC 14 2.97% $7,407
NETWORK CAPITAL FUNDING CORPORATION 13 2.52% $8,267
Wells Fargo Bank 13 2.54% $4,997
ROUNDPOINT MORTGAGE SERVICING CORPORATION 12 2.89% $9,285
LOANPAL, LLC 12 2.64% $10,034
InterContinental Capital Group, Inc 12 2.39% $6,056
SUN WEST MORTGAGE COMPANY, INC. 11 2.35% $4,829
Barrington Bank & Trust Company, N.A. 11 2.66% $5,580
GUARANTEED RATE, INC. 10 2.65% $4,536
HOMEAMERICAN MORTGAGE CORPORATION 10 2.56% $4,303
FBC MORTGAGE, LLC 10 2.59% $11,110
MUTUAL OF OMAHA MORTGAGE, INC. 9 2.85% $8,179
STEARNS LENDING, LLC 9 2.72% $8,977
GUILD MORTGAGE COMPANY 9 2.61% $7,879
KBHS HOME LOANS, LLC 9 2.93% $6,271
PRIMARY RESIDENTIAL MORTGAGE, INC. 8 3.14% $11,713
SCENIC OAKS FUNDING, INC. 8 2.73% $6,124
MASON MCDUFFIE MORTGAGE CORPORATION 8 2.58% $18,553
AMERISAVE MORTGAGE CORPORATION 8 2.53% $12,486
Commerce Home Mortgage, Inc. 8 2.52% $5,691
ACADEMY MORTGAGE CORPORATION 8 2.81% $9,724
SOVEREIGN LENDING GROUP INCORPORATED 8 2.48% $6,773
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 2.83% $8,731
Low VA Rates, LLC 7 2.25% $4,650
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 7 2.61% $7,716
LENDUS, LLC 7 2.41% $5,877
EAGLE HOME MORTGAGE, LLC 7 3.00% $9,003
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 7 2.93% $13,099
First Guaranty Mortgage Corporation 7 2.32% $5,251
DIGNIFIED HOME LOANS, LLC 6 2.75% $8,772
GoPrime Mortgage, Inc. 6 2.81% $15,265
South Pacific Financial Corporation 6 2.71% $16,668
PLAZA HOME MORTGAGE, INC. 6 2.38% $7,260
BNC National Bank 5 2.40% $4,716
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 5 3.47% $11,933
Flagstar Bank, FSB 5 3.05% $4,885
First Federal Bank 5 2.98% $16,995
PLANET HOME LENDING, LLC 5 2.38% $2,137
BAY EQUITY LLC 5 2.65% $7,287
Golden Empire Mortgage, Inc. 4 2.75% $5,649
ALAMEDA MORTGAGE CORPORATION 4 2.72% $13,532
PULTE MORTGAGE LLC 4 2.84% $13,332
Paramount Residential Mortgage Group, Inc. 4 2.50% $17,865
PENTAGON FEDERAL CREDIT UNION 4 2.41% $2,423
NATIONS DIRECT MORTGAGE, LLC 4 3.13% $13,182
NP, Inc. 4 2.28% $4,842
ACCELERATE MORTGAGE, LLC 4 2.31% $6,397
INSPIRE HOME LOANS INC. 4 2.50% $14,254
NBKC BANK 3 2.42% $9,159
GUARANTEED RATE AFFINITY, LLC 3 2.58% $2,437
SNAPFI, INC. 3 3.00% $7,546
Equity Prime Mortgage LLC 3 3.42% $3,408
Shea Mortgage Inc. 3 2.54% $6,153
HOMESIDE FINANCIAL, LLC 3 2.25% $5,371
S1L, Inc. 3 2.96% $14,619
PANORAMA MORTGAGE GROUP, LLC 3 3.21% $11,465
KELLER MORTGAGE, LLC 3 2.46% $9,148
CANOPY MORTGAGE, LLC 3 2.58% $11,636
Prime Choice Funding Inc. 3 2.17% $3,546
CELEBRITY HOME LOANS, LLC 3 2.83% $2,790
MUFG Union Bank 3 2.79% $1,029
North American Savings Bank, F.S.B. 3 2.25% $700
First Bank 2 2.63% $1,887
LAND HOME FINANCIAL SERVICES, INC. 2 3.00% $4,385
PNC Bank 2 3.38% $1,821
LADERA LENDING, INC. 2 2.88% $8,645
UNION HOME MORTGAGE CORP. 2 2.38% $8,818
KS StateBank 2 2.25% $2,728
Hometown Lenders, Inc. 2 2.38% $6,762
CALCON MUTUAL MORTGAGE LLC 2 4.25% $2,033
Nations Lending Corporation 2 2.94% $25,648
SECURITYNATIONAL MORTGAGE COMPANY 2 3.00% $5,215
AMCAP MORTGAGE, LTD. 2 3.12% $12,933
Strong Home Mortgage, LLC 2 2.25% $8,586
SUNSTREET MORTGAGE, LLC 2 3.25% $9,915
PARKSIDE LENDING, LLC 2 2.50% $8,419
EVERETT FINANCIAL, INC. 2 3.00% $1,498
Northpointe Bank 2 2.63% $4,695
AMERICAN FINANCIAL RESOURCES, INC. 2 2.81% $5,348
Magnolia Bank 2 2.75% $11,502
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 2.25% $2,390
ZILLOW HOME LOANS, LLC 1 3.13% $15,920
AMERICAN HOME LENDING USA, LLC 1 2.25% $1,380
Amerifirst Financial, Inc. 1 3.25% $4,079
AmeriHome Mortgage Company, LLC 1 2.75% $5,544
BELEM SERVICING LLC 1 1.75% $10,467
CALCULATED RISK ANALYTICS LLC 1 2.38% $2,399
Capital Bank 1 2.25% $22,654
CHERRY CREEK MORTGAGE, LLC 1 2.75% $3,482
CHURCHILL MORTGAGE CORPORATION 1 2.25% $3,845
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 2.63% $23,315
COUNTRY CLUB MORTGAGE, INC. 1 2.63% $12,720
Credence Funding Corporation 1 2.25% $21,079
DHI MORTGAGE COMPANY, LTD. 1 2.63% $3,867
FIRST ALLIANCE HOME MORTGAGE, LLC 1 2.50% $10,319
FirstBank 1 2.25% $1,105
First Savings Bank 1 2.75% $14,829
FRONTWAVE 1 2.13% $6,788
GRANDE HOMES, INC. 1 2.25% $3,069
HOMESTEAD FUNDING CORP. 1 2.25% $2,703
Hometown Equity Mortgage, LLC 1 3.25% $12,243
LEADERONE FINANCIAL CORPORATION 1 2.75% $5,502
Lend Smart Mortgage, LLC 1 3.00% $12,925
Manufacturers and Traders Trust Company 1 2.63% $3,720
MEGA CAPITAL FUNDING, INC. 1 2.25% $3,432
MEGASTAR FINANCIAL CORP. 1 2.38% $3,582
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 2.25% $1,445
MOUNTAIN WEST FINANCIAL, INC. 1 2.88% $3,424
MOVEMENT MORTGAGE, LLC 1 2.75% $1,953
MYCUMORTGAGE, LLC 1 2.75% $5,906
OPEN MORTGAGE, LLC 1 2.25% $3,554
Paramount Bank 1 2.25% $916
Plains Commerce Bank 1 2.50% $4,236
Platinum Home Mortgage Corporation 1 2.75% $31,231
PREMIER MORTGAGE RESOURCES, L.L.C. 1 3.75% $11,430
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.38% $11,252
Prosperity Home Mortgage, LLC 1 2.88% $11,690
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 2.25% $26,135
ROYAL UNITED MORTGAGE LLC 1 2.38% $18,048
Sierra Pacific Mortgage Company, Inc. 1 2.38% $22,456
The Central Trust Bank 1 2.25% $8,701
TJC Mortgage, Inc. 1 2.25% $4,381
TOWNE MORTGAGE COMPANY 1 2.75% $5,207
TRAVIS CREDIT UNION 1 2.50% $2,313
UNITED SECURITY FINANCIAL CORP 1 1.75% $10,614
U.S. Bank 1 2.75% $4,905
Valley First Credit Union 1 2.38% $4,743
VERITAS FUNDING, LLC 1 2.88% $11,690
VISION ONE MORTGAGE, INC. 1 2.38% $4,510
ABSOLUTE HOME MORTGAGE CORPORATION 1 2.75% $3,170

The top Stockton VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 279 VA loans originated. Their average total fees are $4,120, which is $1,780 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Stockton VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,543), Lakeview Community Capital, LLC ($2,867), Mr. Cooper ( Nationstar Mortgage ) ($4,112), FREEDOM MORTGAGE CORPORATION ($4,120) and HOMEAMERICAN MORTGAGE CORPORATION ($4,303).

The lowest rate Stockton VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.25%), VILLAGE CAPITAL & INVESTMENT LLC (2.30%), PENNYMAC LOAN SERVICES, LLC (2.31%), LAKEVIEW LOAN SERVICING, LLC (2.35%) and SUN WEST MORTGAGE COMPANY, INC. (2.35%).


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 $387,450 (13.1%) $468,681 (10.7%) 1.43 896
2018-02-01 $379,900 (8.7%) $468,995 (11.4%) 1.37 892
2018-03-01 $377,000 (7.9%) $461,139 (9.8%) 1.30 894
2018-04-01 $389,500 (8.2%) $471,028 (8.3%) 1.31 996
2018-05-01 $385,000 (3.4%) $475,235 (7.5%) 1.28 1,137
2018-06-01 $394,900 (4.0%) $482,287 (9.3%) 1.32 1,277
2018-07-01 $397,000 (3.1%) $473,618 (6.2%) 1.32 1,345
2018-08-01 $395,000 (1.5%) $465,885 (3.1%) 1.32 1,512
2018-09-01 $395,000 (4.0%) $465,130 (3.4%) 1.32 1,648
2018-10-01 $394,000 (3.7%) $461,161 (1.8%) 1.32 1,690
2018-11-01 $396,750 (4.4%) $549,035 (18.9%) 1.33 1,690
2018-12-01 $399,000 (3.6%) $460,544 (-1.5%) 1.37 1,524
2019-01-01 $395,000 (2.0%) $452,087 (-3.5%) 1.36 1,334
2019-02-01 $389,750 (2.6%) $449,952 (-4.1%) 1.31 1,283
2019-03-01 $409,571 (8.6%) $471,650 (2.3%) 1.33 1,270
2019-04-01 $425,000 (9.1%) $484,404 (2.8%) 1.34 1,286
2019-05-01 $425,000 (10.4%) $494,114 (4.0%) 1.31 1,445
2019-06-01 $430,000 (8.9%) $501,482 (4.0%) 1.32 1,559
2019-07-01 $437,450 (10.2%) $745,520 (57.4%) 1.36 1,620
2019-08-01 $435,614 (10.3%) $908,247 (95.0%) 1.37 1,558
2019-09-01 $429,450 (8.7%) $495,525 (6.5%) 1.36 1,566
2019-10-01 $434,950 (10.4%) $499,086 (8.2%) 1.39 1,654
2019-11-01 $440,000 (10.9%) $499,202 (-9.1%) 1.42 1,524
2019-12-01 $443,450 (11.1%) $506,216 (9.9%) 1.48 1,230
2020-01-01 $432,750 (9.6%) $511,329 (13.1%) 1.44 1,053
2020-02-01 $449,990 (15.5%) $533,679 (18.6%) 1.45 981
2020-03-01 $442,475 (8.0%) $520,924 (10.5%) 1.38 972
2020-04-01 $439,900 (3.5%) $515,410 (6.4%) 1.37 1,056
2020-05-01 $439,995 (3.5%) $532,882 (7.9%) 1.33 1,045
2020-06-01 $459,000 (6.7%) $560,691 (11.8%) 1.34 857
2020-07-01 $459,900 (5.1%) $588,103 (-21.1%) 1.32 706
2020-08-01 $450,000 (3.3%) $565,700 (-37.7%) 1.29 621
2020-09-01 $467,425 (8.8%) $591,802 (19.4%) 1.34 611
2020-10-01 $450,000 (3.5%) $571,447 (14.5%) 1.29 597
2020-11-01 $457,500 (4.0%) $590,754 (18.3%) 1.31 531
2020-12-01 $461,750 (4.1%) $595,847 (17.7%) 1.35 421
2021-01-01 $460,000 (6.3%) $631,902 (23.6%) 1.35 341
2021-02-01 $459,000 (2.0%) $619,568 (16.1%) 1.32 322
2021-03-01 $454,950 (2.8%) $594,776 (14.2%) 1.28 378
2021-04-01 $490,244 (11.4%) $621,079 (20.5%) 1.32 398
2021-05-01 $495,000 (12.5%) $619,205 (16.2%) 1.30 431
2021-06-01 $522,000 (13.7%) $634,923 (13.2%) 1.36 550
2021-07-01 $540,000 (17.4%) $637,900 (8.5%) 1.40 653
2021-08-01 $537,500 (19.4%) $643,995 (13.8%) 1.41 774
2021-09-01 $542,000 (16.0%) $638,894 (8.0%) 1.43 814
2021-10-01 $535,990 (19.1%) $627,247 (9.8%) 1.41 799
2021-11-01 $530,000 (15.9%) $622,394 (5.4%) 1.40 634
2021-12-01 $539,950 (16.9%) $641,007 (7.6%) 1.44 478
2022-01-01 $543,835 (18.2%) $649,407 (2.8%) 1.45 370
2022-02-01 $562,500 (22.6%) $685,202 (10.6%) 1.43 375
2022-03-01 $594,444 (30.7%) $722,848 (21.5%) 1.47 425
2022-04-01 $599,000 (22.2%) $727,050 (17.1%) 1.41 542
Stockton's median listing price for 2022-04-01 was $599,000, a difference of $108,756 (22.2%) versus the prior year and $4,556 versus the prior month.

Stockton's median listing price comes in at 141% of the national average.

Stockton's average listing price for 2022-04-01 was $727,050, a difference of $105,971 (17.1%) versus the prior year and $4,202 versus the prior month.

For the 2022-04-01 period, Stockton had 542 MLS listings, a difference of 117 listings (28%) versus the prior month and 144 listings (36%) 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 1,916 sqft
2018-02-01 38 days 1,850 sqft
2018-03-01 33 days 1,795 sqft
2018-04-01 31 days 1,808 sqft
2018-05-01 29 days 1,811 sqft
2018-06-01 35 days 1,849 sqft
2018-07-01 36 days 1,835 sqft
2018-08-01 36 days 1,800 sqft
2018-09-01 36 days 1,830 sqft
2018-10-01 43 days 1,831 sqft
2018-11-01 45 days 1,819 sqft
2018-12-01 53 days 1,818 sqft
2019-01-01 61 days 1,811 sqft
2019-02-01 47 days 1,820 sqft
2019-03-01 41 days 1,867 sqft
2019-04-01 35 days 1,915 sqft
2019-05-01 35 days 1,974 sqft
2019-06-01 36 days 1,954 sqft
2019-07-01 41 days 1,962 sqft
2019-08-01 44 days 1,947 sqft
2019-09-01 43 days 1,916 sqft
2019-10-01 39 days 1,921 sqft
2019-11-01 44 days 1,948 sqft
2019-12-01 56 days 1,941 sqft
2020-01-01 60 days 1,901 sqft
2020-02-01 32 days 1,981 sqft
2020-03-01 35 days 1,937 sqft
2020-04-01 39 days 1,888 sqft
2020-05-01 47 days 1,919 sqft
2020-06-01 44 days 1,959 sqft
2020-07-01 40 days 1,947 sqft
2020-08-01 39 days 1,900 sqft
2020-09-01 35 days 1,906 sqft
2020-10-01 34 days 1,859 sqft
2020-11-01 38 days 1,838 sqft
2020-12-01 46 days 1,800 sqft
2021-01-01 44 days 1,796 sqft
2021-02-01 31 days 1,699 sqft
2021-03-01 28 days 1,662 sqft
2021-04-01 25 days 1,723 sqft
2021-05-01 25 days 1,751 sqft
2021-06-01 22 days 1,827 sqft
2021-07-01 24 days 1,815 sqft
2021-08-01 26 days 1,851 sqft
2021-09-01 29 days 1,831 sqft
2021-10-01 34 days 1,830 sqft
2021-11-01 39 days 1,821 sqft
2021-12-01 45 days 1,800 sqft
2022-01-01 39 days 1,750 sqft
2022-02-01 28 days 1,746 sqft
2022-03-01 27 days 1,822 sqft
2022-04-01 24 days 1,885 sqft
Stockton's median listing age (time on market) for 2022-04-01 was 24 days. This is -2% shorter than the same period one year ago.

Stockton's median square footage for active listings during the 2022-04-01 period was 1,885 sqft. One year prior, the average listing was 1,723 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.