Yuba City VA Loan Rates, Closing Costs & Stats

YUBA CITY, 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.

    Yuba City's 57 lenders originated 278 VA loans during 2023. The total origination value was $115,910,000, with an average VA loan value of $416,942.

    Yuba City VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Yuba City averaged 6.47% for the week of 2024-11-08, compared to the national average (all VA variants) of 6.34% for the same period.

    Yuba City's average VA mortgage closing costs are $6,996.

    The average rate for the prior week (2024-11-01) was 6.33% and one month ago for the week of 2024-10-04, the average rate was 5.76%.

    The average rate one year ago was 7.11%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.56%.

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

    Yuba City 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 Yuba City level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 53 6.39% $10,219
    Mortgage Research Center, LLC 34 6.50% $7,634
    LOANDEPOT.COM, LLC 24 5.78% $11,072
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 13 5.56% $6,968
    GUILD MORTGAGE COMPANY 12 6.18% $16,304
    FREEDOM MORTGAGE CORPORATION 7 6.11% $12,162
    QUICKEN LOANS, LLC 7 5.68% $13,072
    EAGLE HOME MORTGAGE, LLC 7 4.98% $8,919
    AMERICAN PACIFIC MORTGAGE CORPORATION 7 6.73% $12,178
    PREMIER MORTGAGE RESOURCES, L.L.C. 7 6.61% $14,546
    KBHS HOME LOANS, LLC 6 6.42% $8,292
    GUARANTEED RATE, INC. 6 5.06% $6,164
    Century Mortgage Company DBA Century Lending Company 6 6.08% $10,905
    PLANET HOME LENDING, LLC 6 6.00% $7,098
    Paramount Residential Mortgage Group, Inc. 6 6.29% $7,420
    HOMEAMERICAN MORTGAGE CORPORATION 5 5.32% $4,981
    MOVEMENT MORTGAGE, LLC 4 6.59% $5,672
    CROSSCOUNTRY MORTGAGE, LLC 4 5.69% $16,876
    PENNYMAC LOAN SERVICES, LLC 4 5.88% $7,114
    U.S. Bank 3 6.25% $17,976
    Equity Prime Mortgage LLC 2 7.50% $10,697
    CANOPY MORTGAGE, LLC 2 6.75% $18,232
    CARDINAL FINANCIAL 2 6.25% $19,541
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 5.25% $7,623
    MASON MCDUFFIE MORTGAGE CORPORATION 2 5.94% $18,453
    Mr. Cooper ( Nationstar Mortgage ) 2 6.00% $19,640
    NAVY FEDERAL CREDIT UNION 2 5.25% $14,771
    NEW DAY FINANCIAL, LLC 2 6.93% $9,416
    NEWREZ LLC 2 7.00% $4,640
    The Loan Store, Inc. 2 6.99% $7,102
    TJC Mortgage, Inc. 2 6.88% $11,661
    EVERETT FINANCIAL, INC. 1 5.25% $6,076
    ACADEMY MORTGAGE CORPORATION 1 6.88% $12,382
    AMERISAVE MORTGAGE CORPORATION 1 5.63% $11,075
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.63% $6,141
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.75% $12,982
    VERITAS FUNDING, LLC 1 5.75% $21,346
    BEST FINANCE CAPITAL, INC. 1 5.99% $14,492
    USAA Federal Savings Bank 1 6.50% $8,019
    NFM, INC. 1 5.63% $15,426
    OCMBC, INC. 1 7.38% $26,474
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 7.00% $10,288
    DHI MORTGAGE COMPANY, LTD. 1 5.50% $3,794
    CORNERSTONE HOME LENDING, INC. 1 6.25% $8,564
    Plains Commerce Bank 1 6.50% $15,452
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 5.63% $13,910
    Citizens Bank 1 6.00% $11,834
    BROKER SOLUTIONS, INC. 1 7.13% $4,309
    Sierra Pacific Mortgage Company, Inc. 1 7.13% $11,476
    SOVEREIGN LENDING GROUP INCORPORATED 1 4.75% $18,978
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.50% $4,885
    Flagstar Bank, FSB 1 5.63% $12,728
    First Bank 1 7.63% $4,214
    LAKEVIEW LOAN SERVICING, LLC 1 6.63% $9,638
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $6,551
    LOANPAL, LLC 1 5.63% $6,870
    The Federal Savings Bank 1 5.63% $12,773

    The top Yuba City VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 53 VA loans originated. Their average total fees are $10,219, which is $2,585 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Yuba City VA lenders (with over 10 loans originated) are K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. ($6,968), Mortgage Research Center, LLC ($7,634), UNITED WHOLESALE MORTGAGE, LLC ($10,219), LOANDEPOT.COM, LLC ($11,072) and GUILD MORTGAGE COMPANY ($16,304).

    The lowest rate Yuba City VA lenders (with over 10 loans originated) are K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. (5.56%), LOANDEPOT.COM, LLC (5.78%), GUILD MORTGAGE COMPANY (6.18%), UNITED WHOLESALE MORTGAGE, LLC (6.39%) and Mortgage Research Center, LLC (6.50%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Yuba City (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 $299,900 (9.9%) $357,671 (6.7%) 1.11 328
    2018-02-01 $305,011 (5.6%) $360,799 (6.5%) 1.11 320
    2018-03-01 $318,000 (9.1%) $371,630 (10.1%) 1.12 307
    2018-04-01 $332,500 (11.6%) $383,980 (9.4%) 1.13 325
    2018-05-01 $329,450 (11.1%) $384,696 (7.4%) 1.10 364
    2018-06-01 $328,850 (9.6%) $382,254 (6.5%) 1.10 390
    2018-07-01 $320,963 (7.0%) $367,120 (2.3%) 1.07 443
    2018-08-01 $317,475 (6.2%) $359,482 (1.0%) 1.06 490
    2018-09-01 $319,900 (7.0%) $356,294 (2.0%) 1.08 498
    2018-10-01 $312,500 (5.9%) $354,209 (2.7%) 1.06 499
    2018-11-01 $306,450 (3.9%) $346,966 (0.0%) 1.04 462
    2018-12-01 $300,000 (1.7%) $333,814 (-5.0%) 1.03 377
    2019-01-01 $299,900 (0.0%) $338,154 (-5.5%) 1.04 315
    2019-02-01 $312,450 (2.4%) $360,747 (0.0%) 1.06 316
    2019-03-01 $322,740 (1.5%) $374,282 (0.7%) 1.06 305
    2019-04-01 $328,218 (-1.3%) $376,842 (-1.9%) 1.04 316
    2019-05-01 $327,175 (-0.7%) $386,288 (0.4%) 1.02 362
    2019-06-01 $333,700 (1.5%) $379,663 (-0.7%) 1.04 386
    2019-07-01 $335,000 (4.4%) $382,724 (4.3%) 1.05 419
    2019-08-01 $330,545 (4.1%) $371,312 (3.3%) 1.05 423
    2019-09-01 $329,113 (2.9%) $366,782 (2.9%) 1.05 420
    2019-10-01 $331,634 (6.1%) $366,883 (3.6%) 1.07 397
    2019-11-01 $339,000 (10.6%) $379,836 (9.5%) 1.11 384
    2019-12-01 $329,950 (10.0%) $393,866 (18.0%) 1.10 316
    2020-01-01 $333,250 (11.1%) $381,398 (12.8%) 1.11 284
    2020-02-01 $349,999 (12.0%) $395,475 (9.6%) 1.15 287
    2020-03-01 $359,975 (11.5%) $416,798 (11.4%) 1.13 300
    2020-04-01 $360,000 (9.7%) $418,794 (11.1%) 1.13 299
    2020-05-01 $389,475 (19.0%) $445,558 (15.3%) 1.18 250
    2020-06-01 $386,900 (15.9%) $439,568 (15.8%) 1.14 219
    2020-07-01 $386,475 (15.4%) $445,305 (16.4%) 1.12 200
    2020-08-01 $375,000 (13.5%) $441,066 (18.8%) 1.07 190
    2020-09-01 $392,500 (19.3%) $453,492 (23.6%) 1.12 170
    2020-10-01 $385,000 (16.1%) $457,886 (24.8%) 1.10 189
    2020-11-01 $402,500 (18.7%) $455,454 (19.9%) 1.18 157
    2020-12-01 $404,425 (22.6%) $449,627 (14.2%) 1.20 135
    2021-01-01 $399,900 (20.0%) $483,744 (26.8%) 1.19 99
    2021-02-01 $402,475 (15.0%) $502,939 (27.2%) 1.17 115
    2021-03-01 $408,500 (13.5%) $503,411 (20.8%) 1.16 116
    2021-04-01 $405,000 (12.5%) $491,753 (17.4%) 1.10 140
    2021-05-01 $419,900 (7.8%) $506,822 (13.8%) 1.12 138
    2021-06-01 $432,500 (11.8%) $559,511 (27.3%) 1.14 182
    2021-07-01 $429,900 (11.2%) $540,832 (21.5%) 1.13 212
    2021-08-01 $417,475 (11.3%) $504,225 (14.3%) 1.11 204
    2021-09-01 $422,500 (7.6%) $505,573 (11.5%) 1.13 222
    2021-10-01 $429,995 (11.7%) $521,346 (13.9%) 1.15 226
    2021-11-01 $440,450 (9.4%) $533,278 (17.1%) 1.18 223
    2021-12-01 $443,000 (9.5%) $514,124 (14.3%) 1.20 166
    2022-01-01 $452,500 (13.2%) $524,805 (8.5%) 1.22 148
    2022-02-01 $474,950 (18.0%) $532,033 (5.8%) 1.24 150
    2022-03-01 $477,000 (16.8%) $537,959 (6.9%) 1.19 178
    2022-04-01 $475,000 (17.3%) $529,955 (7.8%) 1.13 212
    2022-05-01 $492,890 (17.4%) $528,117 (4.2%) 1.13 272
    2022-06-01 $480,117 (11.0%) $532,822 (-4.8%) 1.07 328
    2022-07-01 $470,000 (9.3%) $524,666 (-3.0%) 1.06 373
    2022-08-01 $459,900 (10.2%) $516,903 (2.5%) 1.06 432
    2022-09-01 $455,000 (7.7%) $508,772 (0.6%) 1.06 422
    2022-10-01 $451,500 (5.0%) $504,582 (-3.2%) 1.06 403
    2022-11-01 $457,750 (3.9%) $514,050 (-3.6%) 1.10 376
    2022-12-01 $452,900 (2.2%) $512,768 (-0.3%) 1.12 321
    2023-01-01 $459,900 (1.6%) $511,818 (-2.5%) 1.14 279
    2023-02-01 $459,725 (-3.2%) $508,514 (-4.4%) 1.11 279
    2023-03-01 $472,475 (-1.0%) $523,697 (-2.7%) 1.11 262
    2023-04-01 $475,000 (0.0%) $538,148 (1.6%) 1.10 209
    2023-05-01 $469,875 (-4.7%) $538,921 (2.1%) 1.07 209
    2023-06-01 $479,500 (-0.1%) $553,010 (3.8%) 1.08 216
    2023-07-01 $479,000 (1.9%) $537,840 (2.5%) 1.09 225
    2023-08-01 $469,225 (2.0%) $516,377 (-0.1%) 1.08 230
    2023-09-01 $469,000 (3.1%) $510,580 (0.4%) 1.09 245
    2023-10-01 $459,875 (1.9%) $507,553 (0.6%) 1.08 255
    2023-11-01 $471,950 (3.1%) $497,881 (-3.2%) 1.12 259
    2023-12-01 $459,999 (1.6%) $487,451 (-4.9%) 1.12 242
    2024-01-01 $462,000 (0.5%) $478,860 (-6.4%) 1.13 220
    2024-02-01 $465,444 (1.2%) $482,334 (-5.2%) 1.12 205
    2024-03-01 $467,000 (-1.2%) $481,521 (-8.1%) 1.10 229
    2024-04-01 $469,356 (-1.2%) $498,365 (-7.4%) 1.09 264
    2024-05-01 $484,172 (3.0%) $514,425 (-4.6%) 1.09 298
    2024-06-01 $480,000 (0.1%) $523,630 (-5.3%) 1.08 340
    2024-07-01 $475,082 (-0.8%) $518,390 (-3.6%) 1.09 340
    2024-08-01 $480,000 (2.3%) $525,251 (1.7%) 1.12 348
    2024-09-01 $484,950 (3.4%) $523,342 (2.5%) 1.14 355
    2024-10-01 $480,975 (4.6%) $514,031 (1.3%) 1.13 386
    Yuba City's median listing price for 2024-10-01 was $480,975, a difference of $21,100 (4.6%) versus the prior year and $-3,975 versus the prior month.

    Yuba City's median listing price comes in at 113% of the national average.

    Yuba City's average listing price for 2024-10-01 was $514,031, a difference of $6,478 (1.3%) versus the prior year and $-9,311 versus the prior month.

    For the 2024-10-01 period, Yuba City had 386 MLS listings, a difference of 31 listings (9%) versus the prior month and 131 listings (51%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Yuba City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 69 days 1,841 sqft
    2018-02-01 61 days 1,847 sqft
    2018-03-01 47 days 1,876 sqft
    2018-04-01 43 days 1,885 sqft
    2018-05-01 38 days 1,888 sqft
    2018-06-01 41 days 1,853 sqft
    2018-07-01 40 days 1,807 sqft
    2018-08-01 43 days 1,786 sqft
    2018-09-01 52 days 1,827 sqft
    2018-10-01 55 days 1,784 sqft
    2018-11-01 57 days 1,718 sqft
    2018-12-01 66 days 1,712 sqft
    2019-01-01 61 days 1,638 sqft
    2019-02-01 52 days 1,676 sqft
    2019-03-01 47 days 1,681 sqft
    2019-04-01 43 days 1,688 sqft
    2019-05-01 38 days 1,681 sqft
    2019-06-01 44 days 1,728 sqft
    2019-07-01 46 days 1,734 sqft
    2019-08-01 50 days 1,743 sqft
    2019-09-01 55 days 1,759 sqft
    2019-10-01 58 days 1,791 sqft
    2019-11-01 58 days 1,867 sqft
    2019-12-01 72 days 1,826 sqft
    2020-01-01 73 days 1,853 sqft
    2020-02-01 47 days 1,865 sqft
    2020-03-01 45 days 1,895 sqft
    2020-04-01 52 days 1,865 sqft
    2020-05-01 71 days 2,033 sqft
    2020-06-01 75 days 2,006 sqft
    2020-07-01 73 days 1,933 sqft
    2020-08-01 48 days 1,906 sqft
    2020-09-01 44 days 1,990 sqft
    2020-10-01 44 days 1,865 sqft
    2020-11-01 51 days 1,862 sqft
    2020-12-01 63 days 1,840 sqft
    2021-01-01 54 days 1,812 sqft
    2021-02-01 27 days 1,828 sqft
    2021-03-01 33 days 1,805 sqft
    2021-04-01 26 days 1,861 sqft
    2021-05-01 29 days 1,850 sqft
    2021-06-01 25 days 1,788 sqft
    2021-07-01 27 days 1,750 sqft
    2021-08-01 38 days 1,656 sqft
    2021-09-01 37 days 1,661 sqft
    2021-10-01 38 days 1,716 sqft
    2021-11-01 42 days 1,754 sqft
    2021-12-01 51 days 1,759 sqft
    2022-01-01 49 days 1,791 sqft
    2022-02-01 32 days 1,760 sqft
    2022-03-01 25 days 1,806 sqft
    2022-04-01 26 days 1,754 sqft
    2022-05-01 29 days 1,846 sqft
    2022-06-01 32 days 1,834 sqft
    2022-07-01 40 days 1,790 sqft
    2022-08-01 47 days 1,784 sqft
    2022-09-01 48 days 1,794 sqft
    2022-10-01 54 days 1,818 sqft
    2022-11-01 62 days 1,802 sqft
    2022-12-01 69 days 1,756 sqft
    2023-01-01 74 days 1,801 sqft
    2023-02-01 54 days 1,789 sqft
    2023-03-01 53 days 1,853 sqft
    2023-04-01 50 days 1,866 sqft
    2023-05-01 38 days 1,870 sqft
    2023-06-01 39 days 1,947 sqft
    2023-07-01 46 days 1,924 sqft
    2023-08-01 45 days 1,905 sqft
    2023-09-01 40 days 1,900 sqft
    2023-10-01 47 days 1,878 sqft
    2023-11-01 52 days 1,867 sqft
    2023-12-01 52 days 1,810 sqft
    2024-01-01 58 days 1,784 sqft
    2024-02-01 58 days 1,787 sqft
    2024-03-01 44 days 1,780 sqft
    2024-04-01 41 days 1,818 sqft
    2024-05-01 35 days 1,840 sqft
    2024-06-01 39 days 1,832 sqft
    2024-07-01 46 days 1,818 sqft
    2024-08-01 50 days 1,837 sqft
    2024-09-01 51 days 1,859 sqft
    2024-10-01 47 days 1,865 sqft
    Yuba City's median listing age (time on market) for 2024-10-01 was 47 days. This is 1% longer than the same period one year ago.

    Yuba City's median square footage for active listings during the 2024-10-01 period was 1,865 sqft. One year prior, the average listing was 1,878 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.