Stockton VA Loan Rates, Closing Costs & Stats

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 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 -0.53% for the week of 2024-02-23, compared to the national average (all VA variants) of 0% for the same period.

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

The average rate for the prior week (2024-02-16) was 6.25% and one month ago for the week of 2024-01-19, the average rate was 5.9%.

The average rate one year ago was 5.62%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.32%.

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%) $474,965 (5.9%) 1.30 1,217
2018-08-01 $385,472 (1.4%) $463,983 (3.7%) 1.29 1,372
2018-09-01 $385,000 (1.6%) $463,907 (4.0%) 1.29 1,476
2018-10-01 $385,000 (2.7%) $460,663 (3.2%) 1.30 1,507
2018-11-01 $386,425 (3.0%) $509,234 (12.2%) 1.31 1,505
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 $419,475 (9.5%) $497,314 (3.9%) 1.31 1,303
2019-06-01 $424,999 (9.0%) $554,533 (15.0%) 1.33 1,402
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 (122.1%) 1.35 1,441
2019-09-01 $422,121 (9.6%) $782,546 (68.7%) 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 $434,900 (3.7%) $511,381 (2.8%) 1.32 965
2020-06-01 $446,500 (5.1%) $533,384 (-3.8%) 1.32 772
2020-07-01 $445,000 (3.8%) $550,313 (-37.0%) 1.29 641
2020-08-01 $449,250 (5.3%) $550,593 (-46.6%) 1.29 567
2020-09-01 $455,975 (8.0%) $570,090 (-27.2%) 1.31 563
2020-10-01 $450,000 (7.3%) $552,407 (3.3%) 1.29 556
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%) $604,149 (22.2%) 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 (14.7%) $623,769 (22.0%) 1.33 446
2021-06-01 $524,595 (17.5%) $643,418 (20.6%) 1.38 569
2021-07-01 $540,000 (21.4%) $643,722 (17.0%) 1.42 677
2021-08-01 $537,450 (19.6%) $650,459 (18.1%) 1.43 792
2021-09-01 $542,250 (18.9%) $646,095 (13.3%) 1.45 825
2021-10-01 $539,570 (19.9%) $632,949 (14.6%) 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 (9.3%) 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
2023-09-01 $579,450 (-0.4%) $671,364 (1.8%) 1.35 672
2023-10-01 $582,500 (4.0%) $673,903 (5.1%) 1.37 716
2023-11-01 $575,000 (4.5%) $677,296 (6.4%) 1.37 783
2023-12-01 $549,000 (1.2%) $673,014 (6.6%) 1.34 702
Stockton's median listing price for 2023-12-01 was $549,000, a difference of $6,255 (1.2%) versus the prior year and $-26,000 versus the prior month.

Stockton's median listing price comes in at 134% of the national average.

Stockton's average listing price for 2023-12-01 was $673,014, a difference of $41,499 (6.6%) versus the prior year and $-4,282 versus the prior month.

For the 2023-12-01 period, Stockton had 702 MLS listings, a difference of -81 listings (-10%) versus the prior month and -253 listings (-26%) 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 1,787 sqft
2018-09-01 37 days 1,800 sqft
2018-10-01 44 days 1,808 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 1,915 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 1,900 sqft
2020-08-01 40 days 1,900 sqft
2020-09-01 35 days 1,887 sqft
2020-10-01 35 days 1,828 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 1,904 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
2023-09-01 35 days 1,837 sqft
2023-10-01 38 days 1,868 sqft
2023-11-01 39 days 1,841 sqft
2023-12-01 47 days 1,769 sqft
Stockton's median listing age (time on market) for 2023-12-01 was 47 days. This is -24% shorter than the same period one year ago.

Stockton's median square footage for active listings during the 2023-12-01 period was 1,769 sqft. One year prior, the average listing was 1,848 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.