Wauchula VA Loan Rates, Closing Costs & Stats

Wauchula, FL

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.

Wauchula's 6 lenders originated 10 VA loans during 2023. The total origination value was $3,320,000, with an average VA loan value of $332,000.

Wauchula VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Wauchula averaged 6.75% for the week of 2024-03-22, compared to the national average (all VA variants) of 6.539% for the same period.

Wauchula's average VA mortgage closing costs are $6,296.

The average rate for the prior week (2024-03-15) was 6.86% and one month ago for the week of 2024-02-16, the average rate was 6.78%.

The average rate one year ago was 6.61%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.64%.

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

Wauchula 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 Wauchula level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 3 6.17% $14,512
Mortgage Research Center, LLC 1 7.13% $5,932
NEW DAY FINANCIAL, LLC 1 7.38% $7,948
PLANET HOME LENDING, LLC 1 6.75% $1,991
QUICKEN LOANS, LLC 1 5.13% $40,169
STOCKTON MORTGAGE CORPORATION 1 8.13% $10,933

The top Wauchula VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 3 VA loans originated. Their average total fees are $14,512, which is $8,581 higher than the next largest lender, Mortgage Research Center, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Wauchula (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 $179,550 (11.4%) $238,242 (-6.1%) 0.00 34
2018-02-01 $187,950 (10.6%) $224,823 (-15.7%) 0.00 28
2018-03-01 $178,500 (-0.4%) $202,934 (-29.0%) 0.00 26
2018-04-01 $182,500 (4.0%) $228,826 (-16.8%) 0.00 29
2018-05-01 $237,375 (31.2%) $279,737 (1.3%) 0.00 28
2018-06-01 $225,000 (26.6%) $261,195 (1.5%) 0.00 37
2018-07-01 $214,475 (38.0%) $255,641 (17.1%) 0.00 40
2018-08-01 $235,950 (41.3%) $283,035 (27.5%) 0.00 37
2018-09-01 $209,900 (24.4%) $272,369 (21.7%) 0.00 38
2018-10-01 $194,950 (2.6%) $252,463 (0.2%) 0.00 38
2018-11-01 $192,750 (-6.2%) $242,801 (-4.2%) 0.00 46
2018-12-01 $204,950 (4.6%) $275,298 (7.7%) 0.00 47
2019-01-01 $224,975 (25.3%) $282,970 (18.8%) 0.00 45
2019-02-01 $224,925 (19.7%) $333,576 (48.4%) 0.00 47
2019-03-01 $251,707 (41.0%) $376,387 (85.5%) 0.00 42
2019-04-01 $244,207 (33.8%) $392,543 (71.6%) 0.00 40
2019-05-01 $219,900 (-7.4%) $376,318 (34.5%) 0.00 35
2019-06-01 $222,400 (-1.2%) $352,518 (35.0%) 0.00 34
2019-07-01 $203,675 (-5.0%) $316,265 (23.7%) 0.00 38
2019-08-01 $216,291 (-8.3%) $321,734 (13.7%) 0.00 39
2019-09-01 $218,377 (4.0%) $326,091 (19.7%) 0.00 42
2019-10-01 $219,518 (12.6%) $327,281 (29.6%) 0.00 43
2019-11-01 $219,900 (14.1%) $321,366 (32.4%) 0.00 43
2019-12-01 $210,925 (2.9%) $325,530 (18.3%) 0.00 38
2020-01-01 $227,700 (1.2%) $335,810 (18.7%) 0.00 35
2020-02-01 $207,000 (-8.0%) $320,053 (-4.1%) 0.00 27
2020-03-01 $181,175 (-28.0%) $289,065 (-23.2%) 0.00 24
2020-04-01 $178,650 (-26.8%) $239,948 (-38.9%) 0.00 18
2020-05-01 $199,000 (-9.5%) $245,576 (-34.7%) 0.00 21
2020-06-01 $213,700 (-3.9%) $285,120 (-19.1%) 0.00 19
2020-07-01 $219,700 (7.9%) $292,756 (-7.4%) 0.00 15
2020-08-01 $249,500 (15.4%) $332,400 (3.3%) 0.00 11
2020-09-01 $202,100 (-7.5%) $265,931 (-18.5%) 0.00 15
2020-10-01 $194,450 (-11.4%) $264,147 (-19.3%) 0.00 18
2020-11-01 $162,400 (-26.2%) $308,100 (-4.1%) 0.00 20
2020-12-01 $180,925 (-14.2%) $302,989 (-6.9%) 0.00 22
2021-01-01 $199,450 (-12.4%) $313,600 (-6.6%) 0.00 22
2021-02-01 $191,700 (-7.4%) $320,160 (0.0%) 0.00 17
2021-03-01 $253,950 (40.2%) $346,606 (19.9%) 0.00 15
2021-04-01 $264,500 (48.1%) $423,673 (76.6%) 0.00 13
2021-05-01 $292,250 (46.9%) $436,248 (77.6%) 0.00 16
2021-06-01 $394,975 (84.8%) $451,906 (58.5%) 0.00 18
2021-07-01 $412,500 (87.8%) $454,767 (55.3%) 0.00 20
2021-08-01 $410,000 (64.3%) $445,644 (34.1%) 0.00 22
2021-09-01 $442,500 (119.0%) $517,285 (94.5%) 0.00 21
2021-10-01 $419,250 (115.6%) $500,671 (89.5%) 0.00 22
2021-11-01 $412,125 (153.8%) $472,397 (53.3%) 0.00 19
2021-12-01 $393,750 (117.6%) $491,081 (62.1%) 0.00 19
2022-01-01 $395,000 (98.0%) $474,058 (51.2%) 0.00 17
2022-02-01 $416,250 (117.1%) $533,818 (66.7%) 0.00 19
2022-03-01 $435,000 (71.3%) $564,486 (62.9%) 0.00 19
2022-04-01 $420,000 (58.8%) $538,389 (27.1%) 0.00 19
2022-05-01 $401,250 (37.3%) $601,812 (38.0%) 0.00 20
2022-06-01 $399,975 (1.3%) $554,126 (22.6%) 0.00 24
2022-07-01 $280,000 (-32.1%) $418,605 (-8.0%) 0.00 42
2022-08-01 $287,000 (-30.0%) $425,196 (-4.6%) 0.00 37
2022-09-01 $298,825 (-32.5%) $434,548 (-16.0%) 0.00 33
2022-10-01 $309,000 (-26.3%) $431,683 (-13.8%) 0.00 33
2022-11-01 $294,750 (-28.5%) $461,736 (-2.3%) 0.00 30
2022-12-01 $287,950 (-26.9%) $405,488 (-17.4%) 0.00 28
2023-01-01 $302,425 (-23.4%) $424,220 (-10.5%) 0.00 32
2023-02-01 $358,750 (-13.8%) $488,346 (-8.5%) 0.00 27
2023-03-01 $308,675 (-29.0%) $494,969 (-12.3%) 0.00 25
2023-04-01 $380,000 (-9.5%) $483,119 (-10.3%) 0.00 28
2023-05-01 $344,950 (-14.0%) $451,121 (-25.0%) 0.00 27
2023-06-01 $344,750 (-13.8%) $436,642 (-21.2%) 0.00 28
2023-07-01 $352,500 (25.9%) $397,147 (-5.1%) 0.00 31
2023-08-01 $327,750 (14.2%) $383,433 (-9.8%) 0.00 30
2023-09-01 $399,900 (33.8%) $420,336 (-3.3%) 0.00 30
2023-10-01 $312,400 (1.1%) $397,108 (-8.0%) 0.00 35
2023-11-01 $326,175 (10.7%) $471,218 (2.1%) 0.00 37
2023-12-01 $349,950 (21.5%) $475,520 (17.3%) 0.00 37
2024-01-01 $398,425 (31.7%) $502,667 (18.5%) 0.00 35
2024-02-01 $404,900 (12.9%) $454,796 (-6.9%) 0.00 35
Wauchula's median listing price for 2024-02-01 was $404,900, a difference of $46,150 (12.9%) versus the prior year and $6,475 versus the prior month.

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

Wauchula's average listing price for 2024-02-01 was $454,796, a difference of $-33,550 (-6.9%) versus the prior year and $-47,871 versus the prior month.

For the 2024-02-01 period, Wauchula had 35 MLS listings, a difference of 0 listings (0%) versus the prior month and 8 listings (30%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Wauchula (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,376 sqft
2018-02-01 0 days 2,645 sqft
2018-03-01 0 days 2,356 sqft
2018-04-01 0 days 2,445 sqft
2018-05-01 0 days 2,855 sqft
2018-06-01 0 days 2,690 sqft
2018-07-01 0 days 2,632 sqft
2018-08-01 0 days 2,896 sqft
2018-09-01 0 days 2,777 sqft
2018-10-01 0 days 2,412 sqft
2018-11-01 0 days 2,305 sqft
2018-12-01 0 days 1,842 sqft
2019-01-01 0 days 1,785 sqft
2019-02-01 0 days 1,966 sqft
2019-03-01 0 days 2,012 sqft
2019-04-01 0 days 2,050 sqft
2019-05-01 0 days 2,126 sqft
2019-06-01 0 days 2,036 sqft
2019-07-01 0 days 2,036 sqft
2019-08-01 0 days 2,060 sqft
2019-09-01 0 days 1,977 sqft
2019-10-01 0 days 1,907 sqft
2019-11-01 0 days 1,912 sqft
2019-12-01 0 days 1,886 sqft
2020-01-01 0 days 1,970 sqft
2020-02-01 0 days 1,812 sqft
2020-03-01 0 days 1,811 sqft
2020-04-01 0 days 1,936 sqft
2020-05-01 0 days 1,984 sqft
2020-06-01 0 days 1,793 sqft
2020-07-01 0 days 1,900 sqft
2020-08-01 0 days 2,105 sqft
2020-09-01 0 days 1,831 sqft
2020-10-01 0 days 1,790 sqft
2020-11-01 0 days 1,694 sqft
2020-12-01 0 days 1,772 sqft
2021-01-01 0 days 1,780 sqft
2021-02-01 0 days 1,805 sqft
2021-03-01 0 days 1,840 sqft
2021-04-01 0 days 2,017 sqft
2021-05-01 0 days 2,539 sqft
2021-06-01 0 days 1,881 sqft
2021-07-01 0 days 1,850 sqft
2021-08-01 0 days 1,850 sqft
2021-09-01 0 days 1,865 sqft
2021-10-01 0 days 1,880 sqft
2021-11-01 0 days 1,807 sqft
2021-12-01 0 days 1,801 sqft
2022-01-01 0 days 1,932 sqft
2022-02-01 0 days 2,582 sqft
2022-03-01 0 days 2,574 sqft
2022-04-01 0 days 1,560 sqft
2022-05-01 0 days 1,627 sqft
2022-06-01 0 days 1,683 sqft
2022-07-01 0 days 1,525 sqft
2022-08-01 0 days 1,658 sqft
2022-09-01 0 days 1,671 sqft
2022-10-01 0 days 1,570 sqft
2022-11-01 0 days 1,555 sqft
2022-12-01 0 days 1,550 sqft
2023-01-01 0 days 1,966 sqft
2023-02-01 0 days 1,689 sqft
2023-03-01 0 days 1,550 sqft
2023-04-01 0 days 1,753 sqft
2023-05-01 0 days 1,735 sqft
2023-06-01 0 days 1,651 sqft
2023-07-01 0 days 1,609 sqft
2023-08-01 0 days 1,670 sqft
2023-09-01 0 days 1,897 sqft
2023-10-01 0 days 1,613 sqft
2023-11-01 0 days 1,667 sqft
2023-12-01 0 days 1,651 sqft
2024-01-01 0 days 1,756 sqft
2024-02-01 0 days 2,056 sqft
Wauchula's median listing age (time on market) for 2024-02-01 was 0 days.

Wauchula's median square footage for active listings during the 2024-02-01 period was 2,056 sqft. One year prior, the average listing was 1,689 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.