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 68 lenders originated 369 VA loans during 2023. The total origination value was $181,415,000, with an average VA loan value of $491,640.

    Stockton VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Stockton averaged 6.94% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Stockton's average VA mortgage closing costs are $7,653.

    The average rate for the prior week (2024-04-12) was 6.77% and one month ago for the week of 2024-03-15, the average rate was 6.23%.

    The average rate one year ago was 5.92%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.16%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 63 6.06% $11,684
    Mortgage Research Center, LLC 33 6.60% $11,719
    QUICKEN LOANS, LLC 32 6.01% $12,700
    LOANDEPOT.COM, LLC 29 5.87% $17,250
    AMERICAN PACIFIC MORTGAGE CORPORATION 17 6.42% $11,416
    The Federal Savings Bank 12 6.61% $18,296
    FREEDOM MORTGAGE CORPORATION 11 6.40% $22,055
    SUMMIT FUNDING, INC. 11 6.42% $14,446
    NAVY FEDERAL CREDIT UNION 10 5.73% $8,446
    CROSSCOUNTRY MORTGAGE, LLC 8 6.83% $13,637
    PENNYMAC LOAN SERVICES, LLC 6 6.17% $10,279
    CMG MORTGAGE, INC. 6 6.65% $24,892
    DHI MORTGAGE COMPANY, LTD. 5 5.57% $11,263
    KBHS HOME LOANS, LLC 5 5.55% $17,220
    VILLAGE CAPITAL MORTGAGE 5 6.58% $14,796
    Century Mortgage Company DBA Century Lending Company 5 5.85% $22,543
    CARDINAL FINANCIAL 5 6.43% $16,433
    AMERICAN FINANCIAL NETWORK, INC. 5 5.75% $13,005
    EAGLE HOME MORTGAGE, LLC 4 6.19% $13,287
    Mr. Cooper ( Nationstar Mortgage ) 4 6.06% $20,191
    NATIONS DIRECT MORTGAGE, LLC 3 5.79% $21,554
    SUN WEST MORTGAGE COMPANY, INC. 3 6.25% $16,149
    HOMEAMERICAN MORTGAGE CORPORATION 3 5.04% $15,246
    USAA Federal Savings Bank 3 6.25% $12,312
    Flagstar Bank, FSB 3 6.71% $8,041
    AMERISAVE MORTGAGE CORPORATION 3 6.29% $12,140
    NEW DAY FINANCIAL, LLC 3 7.66% $15,391
    U.S. Bank 3 5.92% $8,161
    The Loan Store, Inc. 2 6.81% $12,503
    BROKER SOLUTIONS, INC. 2 5.88% $23,554
    DIGNIFIED HOME LOANS, LLC 2 7.00% $18,589
    Equity Prime Mortgage LLC 2 6.69% $9,092
    GENEVA FINANCIAL, LLC 2 6.88% $22,906
    GUARANTEED RATE, INC. 2 6.44% $2,178
    Magnolia Bank 2 6.25% $16,220
    Paramount Residential Mortgage Group, Inc. 2 7.25% $22,314
    PREMIA MORTGAGE, LLC 2 5.63% $9,353
    ACADEMY MORTGAGE CORPORATION 2 5.25% $6,434
    Watermark Capital, Inc. 2 6.63% $6,973
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.25% $16,537
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.88% $18,037
    GUILD MORTGAGE COMPANY 1 6.25% $8,322
    GUARANTEED RATE AFFINITY, LLC 1 6.25% $17,963
    NEWREZ LLC 1 6.25% $23,623
    NFM, INC. 1 7.13% $24,428
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 7.50% $13,817
    American Mortgage & Equity Consultants, Inc. 1 6.75% $9,119
    Franklin Loan Corporation 1 5.25% $29,029
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $16,472
    PLANET HOME LENDING, LLC 1 5.38% $960
    ZILLOW HOME LOANS, LLC 1 6.25% $29,335
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $4,508
    RESIDENTIAL BANCORP 1 5.75% $15,461
    SeaTrust Mortgage Company 1 6.38% $22,233
    Sierra Pacific Mortgage Company, Inc. 1 5.50% $7,229
    South Pacific Financial Corporation 1 6.50% $7,155
    EVERETT FINANCIAL, INC. 1 7.13% $33,856
    CHURCHILL MORTGAGE CORPORATION 1 6.13% $7,392
    CANOPY MORTGAGE, LLC 1 5.75% $7,644
    Wells Fargo Bank 1 7.13% $3,299
    CALIBER HOME LOANS, INC. 1 6.75% $7,800
    BAY EQUITY LLC 1 7.13% $8,912
    Ameris Bank 1 6.25% $7,202
    VERITAS FUNDING, LLC 1 6.75% $21,941
    MANN FINANCIAL INC. 1 7.13% $16,817
    MORTGAGE CAPITAL PARTNERS, INC. 1 6.63% $9,952
    LADERA LENDING, INC. 1 6.75% $18,679
    INTERCAP LENDING INC. 1 6.13% $4,703

    The top Stockton VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 63 VA loans originated. Their average total fees are $11,684, which is $35 lower than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Stockton VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($8,446), AMERICAN PACIFIC MORTGAGE CORPORATION ($11,416), UNITED WHOLESALE MORTGAGE, LLC ($11,684), Mortgage Research Center, LLC ($11,719) and QUICKEN LOANS, LLC ($12,700).

    The lowest rate Stockton VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.73%), LOANDEPOT.COM, LLC (5.87%), QUICKEN LOANS, LLC (6.01%), UNITED WHOLESALE MORTGAGE, LLC (6.06%) and FREEDOM MORTGAGE CORPORATION (6.40%).

    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
    2024-01-01 $544,450 (0.9%) $678,020 (8.7%) 1.33 596
    2024-02-01 $549,500 (1.0%) $678,670 (7.1%) 1.32 613
    2024-03-01 $562,000 (2.7%) $672,079 (3.9%) 1.32 627
    Stockton's median listing price for 2024-03-01 was $562,000, a difference of $14,500 (2.7%) versus the prior year and $12,500 versus the prior month.

    Stockton's median listing price comes in at 132% of the national average.

    Stockton's average listing price for 2024-03-01 was $672,079, a difference of $25,276 (3.9%) versus the prior year and $-6,591 versus the prior month.

    For the 2024-03-01 period, Stockton had 627 MLS listings, a difference of 14 listings (2%) versus the prior month and 53 listings (9%) 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
    2024-01-01 54 days 1,783 sqft
    2024-02-01 37 days 1,766 sqft
    2024-03-01 36 days 1,824 sqft
    Stockton's median listing age (time on market) for 2024-03-01 was 36 days. This is -19% shorter than the same period one year ago.

    Stockton's median square footage for active listings during the 2024-03-01 period was 1,824 sqft. One year prior, the average listing was 1,849 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.