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 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%.

    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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    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 MORTGAGE 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 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. Louis
    Date 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 for 2022-12-01 was $450,000, a difference of $8,275 (1.9%) versus the prior year and $-6,425 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 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. Louis
    Date 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 listing age (time on market) for 2022-12-01 was 72 days. This is 43% longer than the same period one year ago.

    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.

    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.