Yuba City VA Loans

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 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 110 lenders originated 1,364 VA loans during 2021. The total origination value was $461,200,000, with an average VA loan value of $338,123.

    Yuba City VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Yuba City averaged 5.52% for the week of 2022-05-20, compared to the national average (all VA variants) of 5.143% for the same period.

    The average rate for the prior week (2022-05-13) was 5.33% and one month ago for the week of 2022-04-15, the average rate was 5.19%.

    The average rate one year ago was 3.38%.

    For refis of the same type during the week of 2022-05-20, the average rate was 5.41%.

    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 and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Yuba City level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    FREEDOM MORTGAGE CORPORATION 170 2.43% $3,449
    UNITED WHOLESALE MORTGAGE, LLC 80 2.49% $6,236
    QUICKEN LOANS, LLC 77 2.43% $5,926
    Mortgage Research Center, LLC 74 2.91% $7,972
    PENNYMAC LOAN SERVICES, LLC 63 2.31% $6,176
    FINANCE OF AMERICA MORTGAGE LLC 51 2.73% $7,635
    HOME POINT FINANCIAL CORPORATION 36 2.46% $6,836
    CALIBER HOME LOANS, INC. 32 2.56% $5,734
    VILLAGE CAPITAL & INVESTMENT LLC 32 2.29% $3,925
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 31 2.74% $10,028
    Hometown Lenders, Inc. 29 2.97% $9,921
    MOVEMENT MORTGAGE, LLC 26 2.86% $8,095
    LOANDEPOT.COM, LLC 25 2.42% $6,317
    Mr. Cooper ( Nationstar Mortgage ) 25 2.79% $4,599
    AMERICAN PACIFIC MORTGAGE CORPORATION 22 2.87% $9,355
    LOANPAL, LLC 22 2.56% $9,454
    USAA Federal Savings Bank 21 2.82% $3,490
    LAKEVIEW LOAN SERVICING, LLC 21 2.41% $2,603
    CLEARPATH LENDING 20 2.24% $4,622
    The Federal Savings Bank 19 2.53% $5,521
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 17 3.21% $8,896
    CORNERSTONE HOME LENDING, INC. 14 2.62% $7,891
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 2.94% $11,174
    NEW DAY FINANCIAL, LLC 14 2.95% $10,547
    EAGLE HOME MORTGAGE, LLC 12 2.72% $7,823
    GUILD MORTGAGE COMPANY 10 2.93% $7,271
    NEWREZ LLC 10 2.56% $3,546
    NAVY FEDERAL CREDIT UNION 9 2.44% $9,093
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 8 2.77% $10,637
    CROSSCOUNTRY MORTGAGE, LLC 8 2.87% $7,546
    SUN WEST MORTGAGE COMPANY, INC. 8 2.38% $7,144
    Carrington Mortgage Services, LLC 8 2.77% $6,946
    Commerce Home Mortgage, Inc. 7 2.75% $9,164
    SUMMIT FUNDING, INC. 7 3.00% $7,170
    Low VA Rates, LLC 7 2.29% $4,690
    AMERICAN FINANCIAL NETWORK, INC. 6 2.38% $9,111
    InterContinental Capital Group, Inc 6 2.38% $9,031
    Wells Fargo Bank 6 2.42% $3,380
    PREMIER MORTGAGE RESOURCES, L.L.C. 6 2.65% $9,383
    ACADEMY MORTGAGE CORPORATION 6 3.52% $8,281
    AMERISAVE MORTGAGE CORPORATION 6 2.65% $9,745
    First Guaranty Mortgage Corporation 5 2.63% $3,915
    PENTAGON FEDERAL CREDIT UNION 5 2.30% $4,876
    SOVEREIGN LENDING GROUP INCORPORATED 5 2.35% $7,624
    HOMEBRIDGE FINANCIAL SERVICES, INC. 5 2.40% $9,914
    NBKC BANK 4 2.41% $2,699
    Lakeview Community Capital, LLC 4 2.28% $4,990
    CALCON MUTUAL MORTGAGE LLC 4 3.09% $8,642
    HOMEAMERICAN MORTGAGE CORPORATION 4 2.97% $9,180
    Paramount Residential Mortgage Group, Inc. 4 2.63% $8,631
    DHI MORTGAGE COMPANY, LTD. 4 2.50% $14,468
    PLANET HOME LENDING, LLC 3 2.29% $1,486
    Amerifirst Financial, Inc. 3 3.08% $4,935
    Barrington Bank & Trust Company, N.A. 3 2.70% $2,028
    BROKER SOLUTIONS, INC. 3 2.33% $14,048
    CANOPY MORTGAGE, LLC 3 2.58% $12,579
    DATA MORTGAGE, INC. 3 2.83% $8,259
    Equity Prime Mortgage LLC 3 2.83% $4,440
    First Internet Bank of Indiana 3 2.42% $4,565
    Flagstar Bank, FSB 3 2.54% $8,507
    NETWORK CAPITAL FUNDING CORPORATION 3 2.50% $5,175
    S1L, Inc. 3 3.50% $12,141
    Prime Choice Funding Inc. 2 2.50% $3,853
    North American Savings Bank, F.S.B. 2 2.25% $4,165
    Franklin Loan Corporation 2 2.75% $2,187
    GUARANTEED RATE, INC. 2 2.69% $5,841
    LENDUS, LLC 2 2.25% $2,454
    CHURCHILL MORTGAGE CORPORATION 2 2.50% $4,379
    FBC MORTGAGE, LLC 2 2.50% $9,258
    STEARNS LENDING, LLC 2 2.44% $7,690
    PLAZA HOME MORTGAGE, INC. 2 2.62% $3,732
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 2.38% $3,782
    BNC National Bank 2 2.63% $11,433
    Golden Empire Mortgage, Inc. 2 3.00% $10,483
    DIGNIFIED HOME LOANS, LLC 1 2.25% $3,575
    DAS Acquisition Company, LLC 1 2.75% $21,338
    Core Bank 1 3.00% $9,993
    Academy Bank 1 2.25% $15,788
    CONTOUR MORTGAGE CORPORATION 1 2.25% $3,338
    Colten Mortgage, LLC 1 4.25% $11,715
    Citizens Bank 1 2.63% $2,045
    ZILLOW HOME LOANS, LLC 1 2.25% $3,653
    Sierra Pacific Mortgage Company, Inc. 1 2.75% $20,866
    SRE MORTGAGE ALLIANCE INC. 1 2.25% $1,080
    CENTRAL COAST LENDING, INC. 1 2.25% $10,476
    TOP FLITE FINANCIAL, INC. 1 2.63% $31,525
    TOWNE MORTGAGE COMPANY 1 2.63% $3,585
    Umpqua Bank 1 2.50% $7,896
    UNION HOME MORTGAGE CORP. 1 2.25% $1,945
    UNITED SECURITY FINANCIAL CORP 1 1.75% $8,632
    BAY EQUITY LLC 1 2.88% $25,425
    ARC HOME LLC 1 2.50% $888
    U.S. Bank 1 2.25% $2,230
    VERITAS FUNDING, LLC 1 2.38% $9,271
    AmeriHome Mortgage Company, LLC 1 2.75% $2,931
    ACCELERATE MORTGAGE, LLC 1 1.99% $7,145
    LADERA LENDING, INC. 1 2.75% $11,006
    JPMorgan Chase Bank 1 2.75% $12,600
    KS StateBank 1 2.38% $11,889
    LAND HOME FINANCIAL SERVICES, INC. 1 3.38% $9,233
    HomeStreet Bank 1 2.38% $3,646
    HomePromise Corporation 1 3.75% $18,141
    Magnolia Bank 1 2.63% $6,593
    Florida Capital Bank 1 2.50% $3,358
    MUTUAL OF OMAHA MORTGAGE, INC. 1 2.25% $3,074
    NATIONS DIRECT MORTGAGE, LLC 1 3.25% $9,557
    First Federal Bank of Kansas City 1 2.25% $2,239
    First Federal Bank 1 2.88% $9,008
    Wyndham Capital Mortgage, Inc. 1 2.38% $12,797
    ENVOY MORTGAGE, LTD 1 2.63% $12,989

    The top Yuba City VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 170 VA loans originated. Their average total fees are $3,449, which is $2,787 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Yuba City VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,603), FREEDOM MORTGAGE CORPORATION ($3,449), USAA Federal Savings Bank ($3,490), NEWREZ LLC ($3,546) and VILLAGE CAPITAL & INVESTMENT LLC ($3,925).

    The lowest rate Yuba City VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.24%), VILLAGE CAPITAL & INVESTMENT LLC (2.29%), PENNYMAC LOAN SERVICES, LLC (2.31%), LAKEVIEW LOAN SERVICING, LLC (2.41%) and LOANDEPOT.COM, LLC (2.42%).

    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 $299,950 (7.4%) $365,509 (6.8%) 1.10 442
    2018-02-01 $315,000 (9.0%) $379,205 (11.6%) 1.14 431
    2018-03-01 $325,000 (11.1%) $404,468 (18.8%) 1.12 418
    2018-04-01 $339,200 (13.4%) $411,895 (16.4%) 1.14 444
    2018-05-01 $330,000 (10.6%) $407,507 (11.9%) 1.10 493
    2018-06-01 $334,900 (11.8%) $407,512 (10.8%) 1.12 523
    2018-07-01 $326,750 (5.7%) $393,250 (7.2%) 1.09 588
    2018-08-01 $319,950 (6.7%) $381,704 (4.2%) 1.07 650
    2018-09-01 $320,000 (5.0%) $376,005 (2.7%) 1.07 675
    2018-10-01 $315,000 (5.1%) $375,716 (4.2%) 1.05 682
    2018-11-01 $309,450 (3.2%) $373,998 (2.3%) 1.04 629
    2018-12-01 $305,000 (1.7%) $364,957 (-0.6%) 1.04 526
    2019-01-01 $304,900 (1.7%) $354,702 (-3.0%) 1.05 437
    2019-02-01 $318,950 (1.3%) $397,019 (4.7%) 1.07 433
    2019-03-01 $328,569 (1.1%) $409,032 (1.1%) 1.07 405
    2019-04-01 $338,567 (-0.2%) $410,053 (-0.5%) 1.07 415
    2019-05-01 $333,650 (1.1%) $418,532 (2.7%) 1.03 463
    2019-06-01 $339,000 (1.2%) $416,739 (2.3%) 1.04 499
    2019-07-01 $339,950 (4.0%) $885,883 (125.3%) 1.06 556
    2019-08-01 $339,729 (6.2%) $938,825 (146.0%) 1.07 554
    2019-09-01 $337,250 (5.4%) $383,566 (2.0%) 1.07 539
    2019-10-01 $334,950 (6.3%) $384,492 (2.3%) 1.07 528
    2019-11-01 $347,900 (12.4%) $393,928 (5.3%) 1.12 498
    2019-12-01 $343,950 (12.8%) $420,384 (15.2%) 1.15 405
    2020-01-01 $337,450 (10.7%) $424,601 (19.7%) 1.13 359
    2020-02-01 $363,000 (13.8%) $446,315 (12.4%) 1.17 368
    2020-03-01 $381,950 (16.3%) $438,985 (7.3%) 1.19 395
    2020-04-01 $381,578 (12.7%) $440,201 (7.4%) 1.19 394
    2020-05-01 $399,500 (19.7%) $458,805 (9.6%) 1.21 354
    2020-06-01 $399,000 (17.7%) $459,994 (10.4%) 1.17 308
    2020-07-01 $399,250 (17.4%) $462,603 (-47.8%) 1.14 273
    2020-08-01 $399,000 (17.5%) $462,949 (-50.7%) 1.14 245
    2020-09-01 $404,900 (20.1%) $469,668 (22.5%) 1.16 224
    2020-10-01 $405,000 (20.9%) $486,243 (26.5%) 1.16 247
    2020-11-01 $406,950 (17.0%) $500,339 (27.0%) 1.17 214
    2020-12-01 $432,500 (25.8%) $526,364 (25.2%) 1.27 175
    2021-01-01 $445,000 (31.9%) $599,764 (41.3%) 1.31 123
    2021-02-01 $445,236 (22.7%) $580,315 (30.0%) 1.28 137
    2021-03-01 $424,900 (11.2%) $577,264 (31.5%) 1.19 134
    2021-04-01 $404,500 (6.0%) $537,332 (22.1%) 1.09 160
    2021-05-01 $419,900 (5.1%) $560,210 (22.1%) 1.11 164
    2021-06-01 $427,450 (7.1%) $578,599 (25.8%) 1.11 195
    2021-07-01 $430,250 (7.8%) $560,760 (21.2%) 1.12 213
    2021-08-01 $415,000 (4.0%) $536,560 (15.9%) 1.09 203
    2021-09-01 $420,000 (3.7%) $531,942 (13.3%) 1.11 214
    2021-10-01 $429,990 (6.2%) $541,912 (11.5%) 1.13 229
    2021-11-01 $438,745 (7.8%) $533,751 (6.7%) 1.16 218
    2021-12-01 $438,995 (1.5%) $497,783 (-5.4%) 1.17 161
    2022-01-01 $446,000 (0.2%) $507,180 (-15.4%) 1.19 145
    2022-02-01 $467,450 (5.0%) $515,932 (-11.1%) 1.19 143
    2022-03-01 $475,000 (11.8%) $532,572 (-7.7%) 1.17 176
    2022-04-01 $470,000 (16.2%) $525,594 (-2.2%) 1.11 210
    Yuba City's median listing price for 2022-04-01 was $470,000, a difference of $65,500 (16.2%) versus the prior year and $-5,000 versus the prior month.

    Yuba City's median listing price comes in at 111% of the national average.

    Yuba City's average listing price for 2022-04-01 was $525,594, a difference of $-11,738 (-2.2%) versus the prior year and $-6,978 versus the prior month.

    For the 2022-04-01 period, Yuba City had 210 MLS listings, a difference of 34 listings (19%) versus the prior month and 50 listings (31%) 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 74 days 1,848 sqft
    2018-02-01 66 days 1,855 sqft
    2018-03-01 49 days 1,884 sqft
    2018-04-01 46 days 1,895 sqft
    2018-05-01 42 days 1,899 sqft
    2018-06-01 44 days 1,878 sqft
    2018-07-01 44 days 1,832 sqft
    2018-08-01 45 days 1,811 sqft
    2018-09-01 52 days 1,836 sqft
    2018-10-01 54 days 1,818 sqft
    2018-11-01 57 days 1,738 sqft
    2018-12-01 66 days 1,720 sqft
    2019-01-01 67 days 1,697 sqft
    2019-02-01 57 days 1,737 sqft
    2019-03-01 55 days 1,741 sqft
    2019-04-01 48 days 1,734 sqft
    2019-05-01 37 days 1,718 sqft
    2019-06-01 43 days 1,750 sqft
    2019-07-01 43 days 1,756 sqft
    2019-08-01 49 days 1,763 sqft
    2019-09-01 51 days 1,773 sqft
    2019-10-01 51 days 1,820 sqft
    2019-11-01 51 days 1,907 sqft
    2019-12-01 63 days 1,878 sqft
    2020-01-01 71 days 1,863 sqft
    2020-02-01 45 days 1,896 sqft
    2020-03-01 38 days 1,950 sqft
    2020-04-01 44 days 1,951 sqft
    2020-05-01 59 days 2,048 sqft
    2020-06-01 51 days 2,050 sqft
    2020-07-01 57 days 2,036 sqft
    2020-08-01 49 days 2,000 sqft
    2020-09-01 37 days 2,009 sqft
    2020-10-01 36 days 2,000 sqft
    2020-11-01 48 days 1,914 sqft
    2020-12-01 51 days 1,950 sqft
    2021-01-01 53 days 1,996 sqft
    2021-02-01 24 days 1,892 sqft
    2021-03-01 30 days 1,877 sqft
    2021-04-01 30 days 1,873 sqft
    2021-05-01 31 days 1,863 sqft
    2021-06-01 24 days 1,784 sqft
    2021-07-01 27 days 1,809 sqft
    2021-08-01 36 days 1,664 sqft
    2021-09-01 37 days 1,655 sqft
    2021-10-01 38 days 1,714 sqft
    2021-11-01 42 days 1,742 sqft
    2021-12-01 49 days 1,745 sqft
    2022-01-01 48 days 1,767 sqft
    2022-02-01 35 days 1,772 sqft
    2022-03-01 27 days 1,801 sqft
    2022-04-01 26 days 1,744 sqft
    Yuba City's median listing age (time on market) for 2022-04-01 was 26 days. This is -12% shorter than the same period one year ago.

    Yuba City's median square footage for active listings during the 2022-04-01 period was 1,744 sqft. One year prior, the average listing was 1,873 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.