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 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
0.17%
for the week of 2023-01-20, compared to the national average (all VA variants) of
0% for the same period.
Yuba City's average VA mortgage closing costs are $6,244.
The average rate for the prior week (2023-01-13) was
6.55% and
one month ago for the week of 2022-12-16, the
average rate was 6.23%.
The average rate one year ago was 3.83%.
For refis of the same type during the week of 2023-01-20, the average rate
was 0.16%.
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.
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 MORTGAGE ($3,925).
The lowest rate Yuba City VA lenders (with over 10 loans originated) are
CLEARPATH LENDING (2.24%), VILLAGE CAPITAL MORTGAGE (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. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $299,675 (9.5%) | $358,757 (3.3%) | 1.11 | 334 |
2018-02-01 | $305,011 (5.5%) | $361,905 (3.0%) | 1.11 | 326 |
2018-03-01 | $315,500 (8.2%) | $371,041 (6.2%) | 1.11 | 314 |
2018-04-01 | $329,475 (10.6%) | $383,143 (6.0%) | 1.12 | 332 |
2018-05-01 | $326,475 (10.1%) | $385,088 (4.0%) | 1.09 | 372 |
2018-06-01 | $328,200 (9.4%) | $384,694 (3.9%) | 1.09 | 396 |
2018-07-01 | $320,988 (7.0%) | $369,895 (0.0%) | 1.07 | 449 |
2018-08-01 | $317,975 (6.4%) | $360,262 (-0.1%) | 1.06 | 496 |
2018-09-01 | $319,900 (7.0%) | $366,687 (4.0%) | 1.07 | 505 |
2018-10-01 | $312,500 (5.9%) | $364,851 (5.6%) | 1.06 | 503 |
2018-11-01 | $306,725 (4.0%) | $359,207 (3.3%) | 1.04 | 467 |
2018-12-01 | $300,000 (1.7%) | $348,338 (-1.1%) | 1.03 | 383 |
2019-01-01 | $299,950 (0.1%) | $354,683 (-1.1%) | 1.04 | 319 |
2019-02-01 | $312,925 (2.6%) | $378,550 (4.6%) | 1.06 | 319 |
2019-03-01 | $323,671 (2.6%) | $392,691 (5.8%) | 1.06 | 307 |
2019-04-01 | $329,121 (-0.1%) | $393,363 (2.7%) | 1.05 | 318 |
2019-05-01 | $327,450 (0.3%) | $400,709 (4.1%) | 1.02 | 365 |
2019-06-01 | $334,950 (2.1%) | $392,788 (2.1%) | 1.05 | 392 |
2019-07-01 | $335,000 (4.4%) | $394,394 (6.6%) | 1.05 | 426 |
2019-08-01 | $329,727 (3.7%) | $379,067 (5.2%) | 1.04 | 430 |
2019-09-01 | $327,068 (2.2%) | $369,480 (0.8%) | 1.05 | 427 |
2019-10-01 | $330,020 (5.6%) | $366,268 (0.4%) | 1.06 | 403 |
2019-11-01 | $339,000 (10.5%) | $378,608 (5.4%) | 1.11 | 390 |
2019-12-01 | $329,950 (10.0%) | $392,769 (12.8%) | 1.10 | 320 |
2020-01-01 | $333,250 (11.1%) | $380,529 (7.3%) | 1.11 | 288 |
2020-02-01 | $349,999 (11.9%) | $394,415 (4.2%) | 1.14 | 291 |
2020-03-01 | $359,975 (11.2%) | $415,575 (5.8%) | 1.13 | 304 |
2020-04-01 | $360,000 (9.4%) | $417,534 (6.1%) | 1.13 | 303 |
2020-05-01 | $385,950 (17.9%) | $440,725 (10.0%) | 1.17 | 256 |
2020-06-01 | $385,225 (15.0%) | $435,731 (10.9%) | 1.13 | 226 |
2020-07-01 | $382,226 (14.1%) | $442,201 (12.1%) | 1.11 | 206 |
2020-08-01 | $370,000 (12.2%) | $436,738 (15.2%) | 1.06 | 195 |
2020-09-01 | $388,000 (18.6%) | $449,094 (21.6%) | 1.11 | 176 |
2020-10-01 | $380,000 (15.1%) | $453,431 (23.8%) | 1.09 | 194 |
2020-11-01 | $394,675 (16.4%) | $451,407 (19.2%) | 1.15 | 161 |
2020-12-01 | $402,875 (22.1%) | $447,030 (13.8%) | 1.20 | 138 |
2021-01-01 | $394,950 (18.5%) | $479,396 (26.0%) | 1.18 | 102 |
2021-02-01 | $399,488 (14.1%) | $500,577 (26.9%) | 1.16 | 117 |
2021-03-01 | $403,725 (12.2%) | $499,789 (20.3%) | 1.15 | 119 |
2021-04-01 | $403,675 (12.1%) | $488,802 (17.1%) | 1.09 | 143 |
2021-05-01 | $415,000 (7.5%) | $500,045 (13.5%) | 1.10 | 142 |
2021-06-01 | $424,225 (10.1%) | $554,103 (27.2%) | 1.12 | 186 |
2021-07-01 | $429,000 (12.2%) | $545,994 (23.5%) | 1.13 | 215 |
2021-08-01 | $415,000 (12.2%) | $501,758 (14.9%) | 1.11 | 207 |
2021-09-01 | $421,250 (8.6%) | $504,024 (12.2%) | 1.12 | 224 |
2021-10-01 | $429,990 (13.2%) | $521,078 (14.9%) | 1.15 | 228 |
2021-11-01 | $439,838 (11.4%) | $532,758 (18.0%) | 1.17 | 224 |
2021-12-01 | $441,725 (9.6%) | $519,733 (16.3%) | 1.20 | 167 |
2022-01-01 | $450,000 (13.9%) | $524,091 (9.3%) | 1.22 | 149 |
2022-02-01 | $474,950 (18.9%) | $531,243 (6.1%) | 1.24 | 151 |
2022-03-01 | $476,000 (17.9%) | $537,286 (7.5%) | 1.19 | 179 |
2022-04-01 | $472,500 (17.1%) | $529,407 (8.3%) | 1.13 | 213 |
2022-05-01 | $492,473 (18.7%) | $527,046 (5.4%) | 1.13 | 274 |
2022-06-01 | $478,750 (12.9%) | $532,461 (-3.9%) | 1.07 | 331 |
2022-07-01 | $469,990 (9.6%) | $523,835 (-4.1%) | 1.06 | 375 |
2022-08-01 | $459,675 (10.8%) | $516,679 (3.0%) | 1.06 | 436 |
2022-09-01 | $455,000 (8.0%) | $508,266 (0.8%) | 1.07 | 426 |
2022-10-01 | $450,000 (4.7%) | $503,807 (-3.3%) | 1.06 | 408 |
2022-11-01 | $456,425 (3.8%) | $512,017 (-3.9%) | 1.10 | 379 |
2022-12-01 | $450,000 (1.9%) | $511,695 (-1.6%) | 1.13 | 324 |
Yuba City's median listing price comes in at 113% of the national average.
Yuba City's average listing price for 2022-12-01 was $511,695, a difference of $-8,038 (-1.6%) versus the prior year and $-322 versus the prior month.
For the 2022-12-01 period, Yuba City had 324 MLS listings, a difference of -55 listings (-15%) versus the prior month and 157 listings (94%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Yuba City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 74 days | 1,829 sqft |
2018-02-01 | 67 days | 1,841 sqft |
2018-03-01 | 51 days | 1,872 sqft |
2018-04-01 | 47 days | 1,871 sqft |
2018-05-01 | 40 days | 1,877 sqft |
2018-06-01 | 44 days | 1,843 sqft |
2018-07-01 | 43 days | 1,797 sqft |
2018-08-01 | 45 days | 1,781 sqft |
2018-09-01 | 54 days | 1,824 sqft |
2018-10-01 | 57 days | 1,778 sqft |
2018-11-01 | 59 days | 1,716 sqft |
2018-12-01 | 68 days | 1,703 sqft |
2019-01-01 | 65 days | 1,634 sqft |
2019-02-01 | 57 days | 1,673 sqft |
2019-03-01 | 51 days | 1,679 sqft |
2019-04-01 | 45 days | 1,686 sqft |
2019-05-01 | 39 days | 1,680 sqft |
2019-06-01 | 46 days | 1,725 sqft |
2019-07-01 | 47 days | 1,728 sqft |
2019-08-01 | 52 days | 1,735 sqft |
2019-09-01 | 58 days | 1,746 sqft |
2019-10-01 | 61 days | 1,768 sqft |
2019-11-01 | 64 days | 1,859 sqft |
2019-12-01 | 79 days | 1,823 sqft |
2020-01-01 | 75 days | 1,848 sqft |
2020-02-01 | 54 days | 1,857 sqft |
2020-03-01 | 50 days | 1,891 sqft |
2020-04-01 | 55 days | 1,860 sqft |
2020-05-01 | 76 days | 2,000 sqft |
2020-06-01 | 78 days | 1,987 sqft |
2020-07-01 | 76 days | 1,897 sqft |
2020-08-01 | 53 days | 1,872 sqft |
2020-09-01 | 46 days | 1,968 sqft |
2020-10-01 | 45 days | 1,854 sqft |
2020-11-01 | 53 days | 1,850 sqft |
2020-12-01 | 65 days | 1,833 sqft |
2021-01-01 | 55 days | 1,812 sqft |
2021-02-01 | 29 days | 1,828 sqft |
2021-03-01 | 35 days | 1,796 sqft |
2021-04-01 | 28 days | 1,859 sqft |
2021-05-01 | 30 days | 1,845 sqft |
2021-06-01 | 26 days | 1,773 sqft |
2021-07-01 | 28 days | 1,733 sqft |
2021-08-01 | 39 days | 1,655 sqft |
2021-09-01 | 37 days | 1,658 sqft |
2021-10-01 | 39 days | 1,718 sqft |
2021-11-01 | 43 days | 1,755 sqft |
2021-12-01 | 51 days | 1,760 sqft |
2022-01-01 | 51 days | 1,798 sqft |
2022-02-01 | 32 days | 1,763 sqft |
2022-03-01 | 26 days | 1,808 sqft |
2022-04-01 | 27 days | 1,755 sqft |
2022-05-01 | 29 days | 1,836 sqft |
2022-06-01 | 32 days | 1,830 sqft |
2022-07-01 | 40 days | 1,785 sqft |
2022-08-01 | 47 days | 1,777 sqft |
2022-09-01 | 49 days | 1,790 sqft |
2022-10-01 | 56 days | 1,814 sqft |
2022-11-01 | 64 days | 1,800 sqft |
2022-12-01 | 72 days | 1,756 sqft |
Yuba City's median square footage for active listings during the 2022-12-01 period was 1,756 sqft. One year prior, the average listing was 1,760 sqft.