Yuba City VA Loan Rates, Closing Costs & Stats

YUBA CITY, CA

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 5.69% for the week of 2024-10-11, compared to the national average (all VA variants) of 5.854% for the same period.

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

The average rate for the prior week (2024-10-04) was 5.56% and one month ago for the week of 2024-09-06, the average rate was 5.65%.

The average rate one year ago was 6.91%.

For refis of the same type during the week of 2024-10-11, the average rate was 5.98%.

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
Yuba City's median listing price for 2024-09-01 was $484,950, a difference of $15,950 (3.4%) versus the prior year and $4,950 versus the prior month.

Yuba City's median listing price comes in at 114% of the national average.

Yuba City's average listing price for 2024-09-01 was $523,342, a difference of $12,762 (2.5%) versus the prior year and $-1,909 versus the prior month.

For the 2024-09-01 period, Yuba City had 355 MLS listings, a difference of 7 listings (2%) versus the prior month and 110 listings (45%) 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
Yuba City's median listing age (time on market) for 2024-09-01 was 51 days. This is 28% longer than the same period one year ago.

Yuba City's median square footage for active listings during the 2024-09-01 period was 1,859 sqft. One year prior, the average listing was 1,900 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.