Truckee VA Loan Rates, Closing Costs & Stats

Truckee-Grass Valley, 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.

    Truckee's 23 lenders originated 67 VA loans during 2023. The total origination value was $34,625,000, with an average VA loan value of $516,791.

    Truckee VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Truckee averaged 6.7% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Truckee's average VA mortgage closing costs are $6,973.

    The average rate for the prior week (2025-02-07) was 6.54% and one month ago for the week of 2025-01-10, the average rate was 6.67%.

    The average rate one year ago was 6.5%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.45%.

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

    Truckee 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 Truckee level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 13 6.03% $10,740
    Mortgage Research Center, LLC 11 6.67% $7,607
    QUICKEN LOANS, LLC 7 6.07% $13,534
    MOVEMENT MORTGAGE, LLC 6 6.35% $7,076
    LOANDEPOT.COM, LLC 3 5.92% $24,746
    Flagstar Bank, FSB 3 6.46% $10,848
    USAA Federal Savings Bank 2 6.50% $15,106
    CROSSCOUNTRY MORTGAGE, LLC 2 5.25% $4,988
    GUARANTEED RATE, INC. 2 6.49% $9,093
    GUILD MORTGAGE COMPANY 2 6.88% $12,809
    Mr. Cooper ( Nationstar Mortgage ) 2 6.25% $18,727
    NAVY FEDERAL CREDIT UNION 2 5.31% $1,555
    CALIBER HOME LOANS, INC. 1 6.25% $6,083
    BAY EQUITY LLC 1 6.13% $2,001
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.75% $8,875
    NBKC BANK 1 5.63% $2,954
    NEW DAY FINANCIAL, LLC 1 7.38% $16,918
    North American Savings Bank, F.S.B. 1 4.88% $16,242
    PENNYMAC LOAN SERVICES, LLC 1 5.13% $2,955
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $10,320
    BROKER SOLUTIONS, INC. 1 6.63% $5,562
    FREEDOM MORTGAGE CORPORATION 1 6.88% $8,716
    Franklin Loan Corporation 1 6.25% $4,409

    The top Truckee VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 13 VA loans originated. Their average total fees are $10,740, which is $3,132 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Truckee VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,607), UNITED WHOLESALE MORTGAGE, LLC ($10,740), .

    The lowest rate Truckee VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.03%), Mortgage Research Center, LLC (6.67%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Truckee (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 $488,750 (3.6%) $626,243 (-0.8%) 0.00 457
    2018-02-01 $489,375 (-0.3%) $626,490 (-2.3%) 0.00 453
    2018-03-01 $465,375 (-6.7%) $609,273 (-6.0%) 0.00 473
    2018-04-01 $479,000 (-3.8%) $595,576 (-7.5%) 0.00 541
    2018-05-01 $489,025 (-2.1%) $598,584 (-8.2%) 0.00 646
    2018-06-01 $497,000 (-5.5%) $596,053 (-11.5%) 0.00 725
    2018-07-01 $481,500 (-8.3%) $598,956 (-11.7%) 0.00 784
    2018-08-01 $474,950 (-5.7%) $598,464 (-8.0%) 0.00 833
    2018-09-01 $475,000 (-5.0%) $595,572 (-7.2%) 0.00 838
    2018-10-01 $465,000 (-5.5%) $591,912 (-7.5%) 0.00 805
    2018-11-01 $471,950 (-3.7%) $582,394 (-8.2%) 0.00 750
    2018-12-01 $455,000 (-4.8%) $570,096 (-8.2%) 0.00 707
    2019-01-01 $434,450 (-11.1%) $540,161 (-13.8%) 0.00 617
    2019-02-01 $437,190 (-10.7%) $547,868 (-12.6%) 0.00 588
    2019-03-01 $452,786 (-2.7%) $553,598 (-9.1%) 0.00 584
    2019-04-01 $466,750 (-2.6%) $561,560 (-5.7%) 0.00 616
    2019-05-01 $497,000 (1.6%) $605,833 (1.2%) 0.00 765
    2019-06-01 $499,950 (0.6%) $615,348 (3.2%) 0.00 857
    2019-07-01 $500,000 (3.8%) $611,997 (2.2%) 0.00 945
    2019-08-01 $500,000 (5.3%) $609,858 (1.9%) 0.00 957
    2019-09-01 $500,000 (5.3%) $604,030 (1.4%) 0.00 924
    2019-10-01 $500,000 (7.5%) $600,095 (1.4%) 0.00 875
    2019-11-01 $499,000 (5.7%) $584,382 (0.3%) 0.00 746
    2019-12-01 $480,000 (5.5%) $571,831 (0.3%) 0.00 646
    2020-01-01 $480,000 (10.5%) $578,526 (7.1%) 0.00 578
    2020-02-01 $489,000 (11.9%) $592,232 (8.1%) 0.00 549
    2020-03-01 $499,500 (10.3%) $600,319 (8.4%) 0.00 594
    2020-04-01 $507,500 (8.7%) $600,587 (7.0%) 0.00 564
    2020-05-01 $535,000 (7.7%) $643,479 (6.2%) 0.00 616
    2020-06-01 $549,000 (9.8%) $659,931 (7.3%) 0.00 560
    2020-07-01 $550,750 (10.2%) $669,883 (9.5%) 0.00 481
    2020-08-01 $575,000 (15.0%) $697,478 (14.4%) 0.00 409
    2020-09-01 $575,000 (15.0%) $722,408 (19.6%) 0.00 433
    2020-10-01 $572,400 (14.5%) $743,546 (23.9%) 0.00 446
    2020-11-01 $574,950 (15.2%) $731,971 (25.3%) 0.00 389
    2020-12-01 $559,500 (16.6%) $705,909 (23.5%) 0.00 348
    2021-01-01 $565,000 (17.7%) $719,827 (24.4%) 0.00 285
    2021-02-01 $544,032 (11.3%) $669,052 (13.0%) 0.00 264
    2021-03-01 $546,225 (9.4%) $644,658 (7.4%) 0.00 250
    2021-04-01 $549,450 (8.3%) $641,581 (6.8%) 0.00 293
    2021-05-01 $559,900 (4.7%) $657,122 (2.1%) 0.00 326
    2021-06-01 $612,250 (11.5%) $705,302 (6.9%) 0.00 322
    2021-07-01 $639,000 (16.0%) $754,325 (12.6%) 0.00 347
    2021-08-01 $605,500 (5.3%) $736,053 (5.5%) 0.00 355
    2021-09-01 $592,000 (3.0%) $742,192 (2.7%) 0.00 381
    2021-10-01 $599,450 (4.7%) $751,497 (1.1%) 0.00 430
    2021-11-01 $599,225 (4.2%) $738,521 (0.9%) 0.00 384
    2021-12-01 $599,000 (7.1%) $721,660 (2.2%) 0.00 298
    2022-01-01 $599,450 (6.1%) $713,333 (-0.9%) 0.00 227
    2022-02-01 $627,000 (15.3%) $764,356 (14.2%) 0.00 245
    2022-03-01 $644,250 (18.0%) $767,834 (19.1%) 0.00 278
    2022-04-01 $675,000 (22.9%) $806,610 (25.7%) 0.00 352
    2022-05-01 $658,450 (17.6%) $818,142 (24.5%) 0.00 486
    2022-06-01 $674,500 (10.2%) $837,341 (18.7%) 0.00 566
    2022-07-01 $669,000 (4.7%) $866,878 (14.9%) 0.00 617
    2022-08-01 $699,000 (15.4%) $892,178 (21.2%) 0.00 578
    2022-09-01 $695,000 (17.4%) $882,732 (18.9%) 0.00 560
    2022-10-01 $660,000 (10.1%) $852,543 (13.5%) 0.00 529
    2022-11-01 $629,225 (5.0%) $847,132 (14.7%) 0.00 467
    2022-12-01 $619,900 (3.5%) $860,185 (19.2%) 0.00 377
    2023-01-01 $659,000 (9.9%) $911,341 (27.8%) 0.00 298
    2023-02-01 $700,000 (11.6%) $951,257 (24.5%) 0.00 266
    2023-03-01 $684,361 (6.2%) $948,487 (23.5%) 0.00 248
    2023-04-01 $725,000 (7.4%) $989,838 (22.7%) 0.00 262
    2023-05-01 $729,250 (10.8%) $971,824 (18.8%) 0.00 347
    2023-06-01 $749,225 (11.1%) $980,162 (17.1%) 0.00 439
    2023-07-01 $749,000 (12.0%) $970,076 (11.9%) 0.00 486
    2023-08-01 $748,250 (7.1%) $979,782 (9.8%) 0.00 488
    2023-09-01 $737,000 (6.0%) $961,871 (9.0%) 0.00 475
    2023-10-01 $700,000 (6.1%) $941,900 (10.5%) 0.00 456
    2023-11-01 $674,925 (7.3%) $900,998 (6.4%) 0.00 429
    2023-12-01 $667,000 (7.6%) $909,280 (5.7%) 0.00 369
    2024-01-01 $649,900 (-1.4%) $903,857 (-0.8%) 0.00 309
    2024-02-01 $662,500 (-5.4%) $911,900 (-4.1%) 0.00 290
    2024-03-01 $659,000 (-3.7%) $938,165 (-1.1%) 0.00 280
    2024-04-01 $669,900 (-7.6%) $921,881 (-6.9%) 0.00 335
    2024-05-01 $699,000 (-4.2%) $919,393 (-5.4%) 0.00 433
    2024-06-01 $699,000 (-6.7%) $940,596 (-4.0%) 0.00 518
    2024-07-01 $699,000 (-6.7%) $952,973 (-1.8%) 0.00 561
    2024-08-01 $689,000 (-7.9%) $935,843 (-4.5%) 0.00 612
    2024-09-01 $671,200 (-8.9%) $928,945 (-3.4%) 0.00 621
    2024-10-01 $672,450 (-3.9%) $929,037 (-1.4%) 0.00 592
    2024-11-01 $679,000 (0.6%) $952,189 (5.7%) 0.00 526
    2024-12-01 $661,975 (-0.8%) $945,054 (3.9%) 0.00 433
    2025-01-01 $669,900 (3.1%) $951,022 (5.2%) 0.00 375
    Truckee's median listing price for 2025-01-01 was $669,900, a difference of $20,000 (3.1%) versus the prior year and $7,925 versus the prior month.

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

    Truckee's average listing price for 2025-01-01 was $951,022, a difference of $47,165 (5.2%) versus the prior year and $5,968 versus the prior month.

    For the 2025-01-01 period, Truckee had 375 MLS listings, a difference of -58 listings (-13%) versus the prior month and 66 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Truckee (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,228 sqft
    2018-02-01 0 days 2,254 sqft
    2018-03-01 0 days 2,283 sqft
    2018-04-01 0 days 2,212 sqft
    2018-05-01 0 days 2,182 sqft
    2018-06-01 0 days 2,171 sqft
    2018-07-01 0 days 2,149 sqft
    2018-08-01 0 days 2,106 sqft
    2018-09-01 0 days 2,116 sqft
    2018-10-01 0 days 2,153 sqft
    2018-11-01 0 days 2,145 sqft
    2018-12-01 0 days 2,164 sqft
    2019-01-01 0 days 2,145 sqft
    2019-02-01 0 days 2,124 sqft
    2019-03-01 0 days 2,201 sqft
    2019-04-01 0 days 2,236 sqft
    2019-05-01 0 days 2,257 sqft
    2019-06-01 0 days 2,202 sqft
    2019-07-01 0 days 2,179 sqft
    2019-08-01 0 days 2,198 sqft
    2019-09-01 0 days 2,215 sqft
    2019-10-01 0 days 2,230 sqft
    2019-11-01 0 days 2,257 sqft
    2019-12-01 0 days 2,251 sqft
    2020-01-01 0 days 2,251 sqft
    2020-02-01 0 days 2,293 sqft
    2020-03-01 0 days 2,228 sqft
    2020-04-01 0 days 2,242 sqft
    2020-05-01 0 days 2,231 sqft
    2020-06-01 0 days 2,332 sqft
    2020-07-01 0 days 2,242 sqft
    2020-08-01 0 days 2,200 sqft
    2020-09-01 0 days 2,208 sqft
    2020-10-01 0 days 2,155 sqft
    2020-11-01 0 days 2,138 sqft
    2020-12-01 0 days 2,127 sqft
    2021-01-01 0 days 2,080 sqft
    2021-02-01 0 days 2,050 sqft
    2021-03-01 0 days 1,997 sqft
    2021-04-01 0 days 1,964 sqft
    2021-05-01 0 days 1,918 sqft
    2021-06-01 0 days 1,942 sqft
    2021-07-01 0 days 2,000 sqft
    2021-08-01 0 days 1,957 sqft
    2021-09-01 0 days 1,934 sqft
    2021-10-01 0 days 1,950 sqft
    2021-11-01 0 days 1,987 sqft
    2021-12-01 0 days 1,929 sqft
    2022-01-01 0 days 1,872 sqft
    2022-02-01 0 days 1,877 sqft
    2022-03-01 0 days 1,906 sqft
    2022-04-01 0 days 1,919 sqft
    2022-05-01 0 days 1,970 sqft
    2022-06-01 0 days 1,993 sqft
    2022-07-01 0 days 1,981 sqft
    2022-08-01 0 days 1,936 sqft
    2022-09-01 0 days 1,981 sqft
    2022-10-01 0 days 2,008 sqft
    2022-11-01 0 days 2,005 sqft
    2022-12-01 0 days 2,011 sqft
    2023-01-01 0 days 2,135 sqft
    2023-02-01 0 days 2,226 sqft
    2023-03-01 0 days 2,213 sqft
    2023-04-01 0 days 2,400 sqft
    2023-05-01 0 days 2,244 sqft
    2023-06-01 0 days 2,325 sqft
    2023-07-01 0 days 2,259 sqft
    2023-08-01 0 days 2,242 sqft
    2023-09-01 0 days 2,204 sqft
    2023-10-01 0 days 2,173 sqft
    2023-11-01 0 days 2,141 sqft
    2023-12-01 0 days 2,209 sqft
    2024-01-01 0 days 2,121 sqft
    2024-02-01 0 days 2,256 sqft
    2024-03-01 0 days 2,276 sqft
    2024-04-01 0 days 2,148 sqft
    2024-05-01 0 days 2,110 sqft
    2024-06-01 0 days 2,119 sqft
    2024-07-01 0 days 2,140 sqft
    2024-08-01 0 days 2,094 sqft
    2024-09-01 0 days 2,121 sqft
    2024-10-01 0 days 2,134 sqft
    2024-11-01 0 days 2,215 sqft
    2024-12-01 0 days 2,231 sqft
    2025-01-01 0 days 2,217 sqft
    Truckee's median listing age (time on market) for 2025-01-01 was 0 days.

    Truckee's median square footage for active listings during the 2025-01-01 period was 2,217 sqft. One year prior, the average listing was 2,121 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.