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%.

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.