Susanville VA Loan Rates, Closing Costs & Stats

Susanville, 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.

    Susanville's 18 lenders originated 41 VA loans during 2024. The total origination value was $12,075,000, with an average VA loan value of $294,512.

    Susanville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Susanville averaged 6.37% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Susanville's average VA mortgage closing costs are $5,612.

    The average rate for the prior week (2025-03-28) was 6.39% and one month ago for the week of 2025-02-28, the average rate was 6.56%.

    The average rate one year ago was 6.87%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.06%.

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

    Susanville 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 Susanville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 8 6.64% $2,243
    FREEDOM MORTGAGE CORPORATION 5 5.88% $12,190
    UNITED WHOLESALE MORTGAGE, LLC 4 5.84% $5,665
    AXIA FINANCIAL, LLC 3 6.38% $3,489
    QUICKEN LOANS, LLC 3 6.20% $6,881
    GUILD MORTGAGE COMPANY 2 6.38% $10,585
    USAA Federal Savings Bank 2 6.38% $5,290
    PENNYMAC LOAN SERVICES, LLC 1 5.75% $1,984
    PLANET HOME LENDING, LLC 1 6.63% $6,800
    PLAZA HOME MORTGAGE, INC. 1 5.38% $12,615
    SUMMIT FUNDING, INC. 1 6.75% $11,235
    VILLAGE CAPITAL MORTGAGE 1 5.75% $628
    CMG MORTGAGE, INC. 1 5.50% $4,638
    GARDNER FINANCIAL SERVICES, LTD. 1 7.13% $20,037
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.99% $4,425
    INFINITY EQUITY GROUP, INC. 1 6.75% $10,626
    LOANDEPOT.COM, LLC 1 6.75% $13,856
    NAVY FEDERAL CREDIT UNION 1 5.63% $250

    The top Susanville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 8 VA loans originated. Their average total fees are $2,243, which is $9,947 lower than the next largest lender, FREEDOM MORTGAGE CORPORATION.

    The lowest fee Susanville VA lenders (with over 10 loans originated) are .

    The lowest rate Susanville VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Susanville (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 $189,900 (-14.4%) $394,522 (-26.7%) 0.00 140
    2018-02-01 $198,725 (-12.5%) $401,301 (-30.8%) 0.00 142
    2018-03-01 $219,900 (-12.0%) $412,870 (-25.0%) 0.00 147
    2018-04-01 $218,700 (-4.7%) $404,444 (-15.6%) 0.00 162
    2018-05-01 $228,000 (4.2%) $428,735 (2.9%) 0.00 178
    2018-06-01 $239,900 (5.1%) $412,085 (-0.2%) 0.00 197
    2018-07-01 $244,725 (3.3%) $398,909 (-13.9%) 0.00 220
    2018-08-01 $245,000 (6.8%) $394,368 (-14.1%) 0.00 216
    2018-09-01 $235,000 (6.8%) $308,398 (-30.6%) 0.00 220
    2018-10-01 $227,000 (8.7%) $299,367 (-32.0%) 0.00 209
    2018-11-01 $216,000 (2.9%) $298,300 (-22.7%) 0.00 186
    2018-12-01 $224,500 (13.1%) $307,381 (-23.0%) 0.00 163
    2019-01-01 $232,000 (22.2%) $334,720 (-15.2%) 0.00 134
    2019-02-01 $232,450 (17.0%) $378,039 (-5.8%) 0.00 137
    2019-03-01 $224,929 (2.3%) $368,181 (-10.8%) 0.00 139
    2019-04-01 $227,428 (4.0%) $357,066 (-11.7%) 0.00 145
    2019-05-01 $239,900 (5.2%) $387,282 (-9.7%) 0.00 169
    2019-06-01 $244,900 (2.1%) $357,754 (-13.2%) 0.00 182
    2019-07-01 $241,225 (-1.4%) $385,102 (-3.5%) 0.00 195
    2019-08-01 $242,455 (-1.0%) $368,280 (-6.6%) 0.00 199
    2019-09-01 $246,136 (4.7%) $341,037 (10.6%) 0.00 207
    2019-10-01 $249,000 (9.7%) $321,368 (7.4%) 0.00 208
    2019-11-01 $249,000 (15.3%) $321,171 (7.7%) 0.00 191
    2019-12-01 $248,175 (10.6%) $331,918 (8.0%) 0.00 169
    2020-01-01 $233,000 (0.4%) $302,861 (-9.5%) 0.00 148
    2020-02-01 $219,500 (-5.6%) $284,617 (-24.7%) 0.00 137
    2020-03-01 $225,000 (0.0%) $288,549 (-21.6%) 0.00 147
    2020-04-01 $237,000 (4.2%) $291,279 (-18.4%) 0.00 154
    2020-05-01 $249,999 (4.2%) $307,818 (-20.5%) 0.00 134
    2020-06-01 $275,500 (12.5%) $347,022 (-3.0%) 0.00 126
    2020-07-01 $269,800 (11.9%) $415,025 (7.8%) 0.00 120
    2020-08-01 $249,000 (2.7%) $423,907 (15.1%) 0.00 106
    2020-09-01 $263,450 (7.0%) $448,966 (31.7%) 0.00 108
    2020-10-01 $260,000 (4.4%) $459,440 (43.0%) 0.00 99
    2020-11-01 $252,500 (1.4%) $488,489 (52.1%) 0.00 90
    2020-12-01 $241,725 (-2.6%) $473,813 (42.8%) 0.00 87
    2021-01-01 $269,000 (15.5%) $539,016 (78.0%) 0.00 69
    2021-02-01 $273,738 (24.7%) $606,306 (113.0%) 0.00 58
    2021-03-01 $237,425 (5.5%) $579,264 (100.8%) 0.00 61
    2021-04-01 $264,000 (11.4%) $531,341 (82.4%) 0.00 79
    2021-05-01 $274,000 (9.6%) $450,277 (46.3%) 0.00 126
    2021-06-01 $294,750 (7.0%) $468,901 (35.1%) 0.00 116
    2021-07-01 $310,000 (14.9%) $496,072 (19.5%) 0.00 121
    2021-08-01 $339,925 (36.5%) $527,806 (24.5%) 0.00 117
    2021-09-01 $342,450 (30.0%) $498,498 (11.0%) 0.00 117
    2021-10-01 $329,450 (26.7%) $428,173 (-6.8%) 0.00 108
    2021-11-01 $314,500 (24.6%) $454,809 (-6.9%) 0.00 106
    2021-12-01 $307,500 (27.2%) $443,056 (-6.5%) 0.00 107
    2022-01-01 $305,000 (13.4%) $404,438 (-25.0%) 0.00 86
    2022-02-01 $321,950 (17.6%) $443,806 (-26.8%) 0.00 67
    2022-03-01 $342,500 (44.3%) $527,610 (-8.9%) 0.00 76
    2022-04-01 $310,000 (17.4%) $522,354 (-1.7%) 0.00 76
    2022-05-01 $321,200 (17.2%) $482,700 (7.2%) 0.00 96
    2022-06-01 $309,725 (5.1%) $381,316 (-18.7%) 0.00 111
    2022-07-01 $322,450 (4.0%) $389,571 (-21.5%) 0.00 111
    2022-08-01 $304,000 (-10.6%) $391,654 (-25.8%) 0.00 117
    2022-09-01 $310,000 (-9.5%) $385,134 (-22.7%) 0.00 115
    2022-10-01 $299,500 (-9.1%) $370,778 (-13.4%) 0.00 125
    2022-11-01 $295,000 (-6.2%) $330,793 (-27.3%) 0.00 120
    2022-12-01 $295,000 (-4.1%) $330,904 (-25.3%) 0.00 98
    2023-01-01 $292,500 (-4.1%) $376,452 (-6.9%) 0.00 96
    2023-02-01 $299,500 (-7.0%) $384,181 (-13.4%) 0.00 90
    2023-03-01 $297,000 (-13.3%) $382,562 (-27.5%) 0.00 84
    2023-04-01 $309,900 (0.0%) $400,039 (-23.4%) 0.00 77
    2023-05-01 $315,000 (-1.9%) $399,866 (-17.2%) 0.00 99
    2023-06-01 $308,500 (-0.4%) $392,840 (3.0%) 0.00 117
    2023-07-01 $299,950 (-7.0%) $383,675 (-1.5%) 0.00 126
    2023-08-01 $307,950 (1.3%) $394,260 (0.7%) 0.00 128
    2023-09-01 $312,450 (0.8%) $486,732 (26.4%) 0.00 131
    2023-10-01 $304,925 (1.8%) $481,081 (29.8%) 0.00 135
    2023-11-01 $309,925 (5.1%) $497,227 (50.3%) 0.00 124
    2023-12-01 $299,000 (1.4%) $486,768 (47.1%) 0.00 117
    2024-01-01 $290,125 (-0.8%) $447,153 (18.8%) 0.00 113
    2024-02-01 $299,000 (-0.2%) $463,872 (20.7%) 0.00 101
    2024-03-01 $310,000 (4.4%) $471,862 (23.3%) 0.00 99
    2024-04-01 $304,950 (-1.6%) $466,153 (16.5%) 0.00 113
    2024-05-01 $315,000 (0.0%) $467,521 (16.9%) 0.00 126
    2024-06-01 $310,000 (0.5%) $6,256,168 (1,492.6%) 0.00 140
    2024-07-01 $303,750 (1.3%) $440,313 (14.8%) 0.00 144
    2024-08-01 $299,000 (-2.9%) $444,059 (12.6%) 0.00 133
    2024-09-01 $302,750 (-3.1%) $448,313 (-7.9%) 0.00 136
    2024-10-01 $299,450 (-1.8%) $459,271 (-4.5%) 0.00 132
    2024-11-01 $288,000 (-7.1%) $447,210 (-10.1%) 0.00 133
    2024-12-01 $287,625 (-3.8%) $463,992 (-4.7%) 0.00 115
    2025-01-01 $285,000 (-1.8%) $453,836 (1.5%) 0.00 97
    2025-02-01 $293,750 (-1.8%) $481,625 (3.8%) 0.00 89
    2025-03-01 $279,000 (-10.0%) $471,786 (0.0%) 0.00 100
    Susanville's median listing price for 2025-03-01 was $279,000, a difference of $-31,000 (-10.0%) versus the prior year and $-14,750 versus the prior month.

    Susanville's median listing price comes in at 0% of the national average.

    Susanville's average listing price for 2025-03-01 was $471,786, a difference of $-76 (0.0%) versus the prior year and $-9,839 versus the prior month.

    For the 2025-03-01 period, Susanville had 100 MLS listings, a difference of 11 listings (12%) versus the prior month and 1 listings (1%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Susanville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,500 sqft
    2018-02-01 0 days 1,503 sqft
    2018-03-01 0 days 1,506 sqft
    2018-04-01 0 days 1,544 sqft
    2018-05-01 0 days 1,567 sqft
    2018-06-01 0 days 1,613 sqft
    2018-07-01 0 days 1,619 sqft
    2018-08-01 0 days 1,627 sqft
    2018-09-01 0 days 1,621 sqft
    2018-10-01 0 days 1,606 sqft
    2018-11-01 0 days 1,603 sqft
    2018-12-01 0 days 1,572 sqft
    2019-01-01 0 days 1,573 sqft
    2019-02-01 0 days 1,569 sqft
    2019-03-01 0 days 1,596 sqft
    2019-04-01 0 days 1,632 sqft
    2019-05-01 0 days 1,638 sqft
    2019-06-01 0 days 1,639 sqft
    2019-07-01 0 days 1,661 sqft
    2019-08-01 0 days 1,665 sqft
    2019-09-01 0 days 1,657 sqft
    2019-10-01 0 days 1,645 sqft
    2019-11-01 0 days 1,636 sqft
    2019-12-01 0 days 1,578 sqft
    2020-01-01 0 days 1,526 sqft
    2020-02-01 0 days 1,453 sqft
    2020-03-01 0 days 1,469 sqft
    2020-04-01 0 days 1,508 sqft
    2020-05-01 0 days 1,576 sqft
    2020-06-01 0 days 1,677 sqft
    2020-07-01 0 days 1,721 sqft
    2020-08-01 0 days 1,596 sqft
    2020-09-01 0 days 1,627 sqft
    2020-10-01 0 days 1,567 sqft
    2020-11-01 0 days 1,650 sqft
    2020-12-01 0 days 1,661 sqft
    2021-01-01 0 days 1,674 sqft
    2021-02-01 0 days 1,694 sqft
    2021-03-01 0 days 1,579 sqft
    2021-04-01 0 days 1,555 sqft
    2021-05-01 0 days 1,670 sqft
    2021-06-01 0 days 1,811 sqft
    2021-07-01 0 days 1,847 sqft
    2021-08-01 0 days 1,864 sqft
    2021-09-01 0 days 1,856 sqft
    2021-10-01 0 days 1,848 sqft
    2021-11-01 0 days 1,782 sqft
    2021-12-01 0 days 1,727 sqft
    2022-01-01 0 days 1,669 sqft
    2022-02-01 0 days 1,699 sqft
    2022-03-01 0 days 1,788 sqft
    2022-04-01 0 days 1,752 sqft
    2022-05-01 0 days 1,729 sqft
    2022-06-01 0 days 1,671 sqft
    2022-07-01 0 days 1,643 sqft
    2022-08-01 0 days 1,564 sqft
    2022-09-01 0 days 1,601 sqft
    2022-10-01 0 days 1,603 sqft
    2022-11-01 0 days 1,570 sqft
    2022-12-01 0 days 1,559 sqft
    2023-01-01 0 days 1,517 sqft
    2023-02-01 0 days 1,517 sqft
    2023-03-01 0 days 1,518 sqft
    2023-04-01 0 days 1,628 sqft
    2023-05-01 0 days 1,655 sqft
    2023-06-01 0 days 1,673 sqft
    2023-07-01 0 days 1,652 sqft
    2023-08-01 0 days 1,657 sqft
    2023-09-01 0 days 1,674 sqft
    2023-10-01 0 days 1,680 sqft
    2023-11-01 0 days 1,675 sqft
    2023-12-01 0 days 1,626 sqft
    2024-01-01 0 days 1,577 sqft
    2024-02-01 0 days 1,600 sqft
    2024-03-01 0 days 1,572 sqft
    2024-04-01 0 days 1,621 sqft
    2024-05-01 0 days 1,708 sqft
    2024-06-01 0 days 1,676 sqft
    2024-07-01 0 days 1,641 sqft
    2024-08-01 0 days 1,661 sqft
    2024-09-01 0 days 1,721 sqft
    2024-10-01 0 days 1,742 sqft
    2024-11-01 0 days 1,738 sqft
    2024-12-01 0 days 1,710 sqft
    2025-01-01 0 days 1,618 sqft
    2025-02-01 0 days 1,813 sqft
    2025-03-01 0 days 1,573 sqft
    Susanville's median listing age (time on market) for 2025-03-01 was 0 days.

    Susanville's median square footage for active listings during the 2025-03-01 period was 1,573 sqft. One year prior, the average listing was 1,572 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.