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 89 lenders originated 588 VA loans during 2022. The total origination value was $245,700,000, with an average VA loan value of $417,857.

    Yuba City VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Yuba City averaged 6.66% for the week of 2023-12-01, compared to the national average (all VA variants) of 6.774% for the same period.

    Yuba City's average VA mortgage closing costs are $6,810.

    The average rate for the prior week (2023-11-24) was 6.49% and one month ago for the week of 2023-10-27, the average rate was 7.03%.

    The average rate one year ago was 6.11%.

    For refis of the same type during the week of 2023-12-01, the average rate was 5.56%.

    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 85 4.14% $10,668
    Mortgage Research Center, LLC 53 4.91% $9,117
    LOANDEPOT.COM, LLC 45 4.18% $11,948
    QUICKEN LOANS, LLC 29 3.68% $8,953
    FREEDOM MORTGAGE CORPORATION 28 4.07% $11,552
    FINANCE OF AMERICA MORTGAGE LLC 20 4.45% $9,425
    HOME POINT FINANCIAL CORPORATION 18 4.69% $12,114
    AMERICAN PACIFIC MORTGAGE CORPORATION 15 4.74% $12,425
    HOMEAMERICAN MORTGAGE CORPORATION 14 4.44% $7,569
    PENNYMAC LOAN SERVICES, LLC 14 3.28% $12,772
    CROSSCOUNTRY MORTGAGE, LLC 14 4.87% $12,834
    Hometown Lenders, Inc. 12 4.33% $14,030
    NAVY FEDERAL CREDIT UNION 12 3.58% $11,983
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 11 4.73% $11,117
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 4.40% $11,478
    EAGLE HOME MORTGAGE, LLC 9 4.11% $8,777
    USAA Federal Savings Bank 9 4.75% $5,929
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 9 4.35% $10,577
    DHI MORTGAGE COMPANY, LTD. 9 3.92% $14,059
    GUILD MORTGAGE COMPANY 8 5.17% $15,209
    MOVEMENT MORTGAGE, LLC 7 4.43% $15,018
    CALIBER HOME LOANS, INC. 7 4.19% $8,189
    LAKEVIEW LOAN SERVICING, LLC 6 3.21% $6,065
    CORNERSTONE HOME LENDING, INC. 6 4.29% $8,968
    The Federal Savings Bank 5 4.80% $20,203
    NEW DAY FINANCIAL, LLC 5 5.02% $9,466
    ACADEMY MORTGAGE CORPORATION 5 5.05% $18,834
    PREMIER MORTGAGE RESOURCES, L.L.C. 5 4.60% $16,395
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 4 4.90% $10,731
    AMERISAVE MORTGAGE CORPORATION 4 4.75% $14,720
    GUARANTEED RATE, INC. 4 4.22% $9,836
    PENTAGON FEDERAL CREDIT UNION 4 3.09% $3,892
    Wells Fargo Bank 4 3.72% $10,964
    Mr. Cooper ( Nationstar Mortgage ) 3 3.38% $8,025
    BROKER SOLUTIONS, INC. 3 3.92% $8,408
    NEWREZ LLC 3 2.92% $16,196
    Paramount Residential Mortgage Group, Inc. 3 4.87% $12,547
    S1L, Inc. 3 4.08% $5,250
    SUMMIT FUNDING, INC. 3 4.21% $15,302
    SUN WEST MORTGAGE COMPANY, INC. 2 5.19% $8,520
    Commerce Home Mortgage, Inc. 2 3.56% $12,940
    TJC Mortgage, Inc. 2 4.75% $21,496
    CARDINAL FINANCIAL 2 5.75% $18,567
    MUFG Union Bank 2 3.44% $2,997
    LOANPAL, LLC 2 2.63% $5,863
    Sierra Pacific Mortgage Company, Inc. 2 5.00% $5,684
    FBC MORTGAGE, LLC 2 3.75% $11,927
    MASON MCDUFFIE MORTGAGE CORPORATION 2 4.12% $14,491
    GUARANTEED RATE AFFINITY, LLC 2 4.31% $1,677
    Sunflower Bank 2 4.99% $9,301
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 4.63% $16,191
    MOUNTAIN WEST FINANCIAL, INC. 1 4.63% $22,156
    Equity Prime Mortgage LLC 1 4.63% $12,959
    NATIONS DIRECT MORTGAGE, LLC 1 4.63% $6,282
    DATA MORTGAGE, INC. 1 3.88% $12,939
    NETWORK CAPITAL FUNDING CORPORATION 1 4.88% $22,056
    VILLAGE CAPITAL MORTGAGE 1 5.63% $23,941
    NFM, INC. 1 4.88% $16,597
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 2.75% $4,500
    V.I.P. MORTGAGE, INC. 1 6.88% $1,664
    CMG MORTGAGE, INC. 1 3.25% $28,195
    CLEARPATH LENDING 1 4.75% $9,635
    PLANET HOME LENDING, LLC 1 2.25% $5,802
    PREMIER LENDING, INC. 1 4.88% $29,207
    Citibank 1 3.25% $14,955
    Carrington Mortgage Services, LLC 1 3.75% $22,644
    AXIA FINANCIAL, LLC 1 5.50% $6,380
    Service Federal Credit Union 1 3.88% $19,897
    SOVEREIGN LENDING GROUP INCORPORATED 1 4.50% $15,435
    ZILLOW HOME LOANS, LLC 1 3.38% $5,861
    CANOPY MORTGAGE, LLC 1 5.75% $5,661
    Umpqua Bank 1 5.00% $12,276
    BETTER MORTGAGE CORPORATION 1 5.00% $5,581
    Barrington Bank & Trust Company, N.A. 1 4.00% $9,330
    VERITAS FUNDING, LLC 1 4.63% $19,603
    GUARANTY HOME MORTGAGE CORPORATION 1 5.00% $13,992
    HighTechLending Inc 1 5.63% $25,876
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 4.13% $16,230
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.25% $3,554
    Hometown Equity Mortgage, LLC 1 5.25% $20,337
    Golden Empire Mortgage, Inc. 1 3.63% $22,967
    JMAC LENDING, INC. 1 5.00% $18,116
    Franklin Loan Corporation 1 5.25% $6,931
    Lakeview Community Capital, LLC 1 2.63% $2,733
    Flagstar Bank, FSB 1 5.00% $5,581
    First Mortgage Solutions, LLC 1 2.38% $1,735
    MORIA DEVELOPMENT, INC. 1 3.13% $12,299
    MORTGAGEONE, INC. 1 4.13% $15,816
    First Bank 1 4.88% $9,703

    The top Yuba City VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 85 VA loans originated. Their average total fees are $10,668, which is $1,551 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Yuba City VA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION ($7,569), QUICKEN LOANS, LLC ($8,953), Mortgage Research Center, LLC ($9,117), FINANCE OF AMERICA MORTGAGE LLC ($9,425) and UNITED WHOLESALE MORTGAGE, LLC ($10,668).

    The lowest rate Yuba City VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.28%), NAVY FEDERAL CREDIT UNION (3.58%), QUICKEN LOANS, LLC (3.68%), FREEDOM MORTGAGE CORPORATION (4.07%) and UNITED WHOLESALE MORTGAGE, LLC (4.14%).

    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 (9.0%) $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%) 1.07 496
    2018-09-01 $319,900 (7.0%) $366,687 (4.0%) 1.08 505
    2018-10-01 $312,500 (5.9%) $364,796 (5.5%) 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%) $401,269 (4.2%) 1.02 365
    2019-06-01 $334,900 (2.0%) $392,795 (2.1%) 1.05 391
    2019-07-01 $335,000 (4.4%) $394,404 (6.6%) 1.05 425
    2019-08-01 $328,636 (3.4%) $379,043 (5.2%) 1.04 429
    2019-09-01 $326,591 (2.1%) $369,435 (0.8%) 1.05 426
    2019-10-01 $329,727 (5.5%) $366,214 (0.4%) 1.06 402
    2019-11-01 $339,000 (10.5%) $378,582 (5.4%) 1.11 389
    2019-12-01 $329,925 (10.0%) $392,777 (12.8%) 1.10 319
    2020-01-01 $332,000 (10.7%) $380,500 (7.3%) 1.11 287
    2020-02-01 $349,950 (11.8%) $394,428 (4.2%) 1.15 290
    2020-03-01 $358,450 (10.8%) $415,651 (5.9%) 1.12 303
    2020-04-01 $359,975 (9.4%) $417,616 (6.2%) 1.13 302
    2020-05-01 $385,000 (17.6%) $441,351 (10.0%) 1.17 255
    2020-06-01 $385,000 (15.0%) $435,925 (11.0%) 1.13 225
    2020-07-01 $380,000 (13.4%) $442,409 (12.2%) 1.10 205
    2020-08-01 $369,999 (12.6%) $436,946 (15.3%) 1.06 194
    2020-09-01 $388,500 (19.0%) $449,354 (21.6%) 1.11 175
    2020-10-01 $378,450 (14.8%) $453,698 (23.9%) 1.08 193
    2020-11-01 $394,463 (16.4%) $451,715 (19.3%) 1.15 160
    2020-12-01 $403,725 (22.4%) $447,333 (13.9%) 1.20 137
    2021-01-01 $399,900 (20.5%) $480,195 (26.2%) 1.19 101
    2021-02-01 $399,950 (14.3%) $501,349 (27.1%) 1.16 116
    2021-03-01 $404,975 (13.0%) $500,521 (20.4%) 1.15 118
    2021-04-01 $404,900 (12.5%) $489,351 (17.2%) 1.10 142
    2021-05-01 $415,000 (7.8%) $500,682 (13.4%) 1.10 141
    2021-06-01 $427,738 (11.1%) $554,892 (27.3%) 1.13 185
    2021-07-01 $429,000 (12.9%) $546,572 (23.5%) 1.13 214
    2021-08-01 $415,000 (12.2%) $502,194 (14.9%) 1.11 206
    2021-09-01 $422,500 (8.8%) $504,436 (12.3%) 1.13 223
    2021-10-01 $429,990 (13.6%) $521,531 (15.0%) 1.15 227
    2021-11-01 $440,200 (11.6%) $533,278 (18.1%) 1.18 223
    2021-12-01 $443,250 (9.8%) $520,345 (16.3%) 1.20 166
    2022-01-01 $454,500 (13.7%) $524,805 (9.3%) 1.23 148
    2022-02-01 $474,950 (18.8%) $532,033 (6.1%) 1.24 150
    2022-03-01 $477,000 (17.8%) $537,959 (7.5%) 1.19 178
    2022-04-01 $475,000 (17.3%) $529,955 (8.3%) 1.13 212
    2022-05-01 $492,495 (18.7%) $527,363 (5.3%) 1.13 273
    2022-06-01 $480,000 (12.2%) $532,754 (-4.0%) 1.07 331
    2022-07-01 $470,000 (9.6%) $523,999 (-4.1%) 1.06 375
    2022-08-01 $459,900 (10.8%) $516,679 (2.9%) 1.06 435
    2022-09-01 $455,000 (7.7%) $508,514 (0.8%) 1.06 425
    2022-10-01 $450,000 (4.7%) $504,047 (-3.4%) 1.06 407
    2022-11-01 $457,462 (3.9%) $513,505 (-3.7%) 1.10 378
    2022-12-01 $450,450 (1.6%) $512,023 (-1.6%) 1.11 323
    2023-01-01 $459,000 (1.0%) $510,900 (-2.7%) 1.14 281
    2023-02-01 $459,500 (-3.3%) $507,703 (-4.6%) 1.11 281
    2023-03-01 $472,450 (-1.0%) $523,250 (-2.7%) 1.11 263
    2023-04-01 $475,000 (0.0%) $537,498 (1.4%) 1.10 210
    2023-05-01 $469,750 (-4.6%) $538,339 (2.1%) 1.06 210
    2023-06-01 $479,450 (-0.1%) $551,591 (3.5%) 1.08 218
    2023-07-01 $479,000 (1.9%) $535,623 (2.2%) 1.09 231
    2023-08-01 $467,995 (1.8%) $513,111 (-0.7%) 1.07 237
    2023-09-01 $468,900 (3.1%) $506,550 (-0.4%) 1.09 254
    2023-10-01 $459,000 (2.0%) $503,835 (0.0%) 1.08 264
    2023-11-01 $465,000 (1.7%) $493,716 (-3.9%) 1.11 268
    Yuba City's median listing price for 2023-11-01 was $465,000, a difference of $7,538 (1.7%) versus the prior year and $6,000 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 2023-11-01 was $493,716, a difference of $-19,789 (-3.9%) versus the prior year and $-10,119 versus the prior month.

    For the 2023-11-01 period, Yuba City had 268 MLS listings, a difference of 4 listings (2%) versus the prior month and -110 listings (-29%) 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 71 days 1,829 sqft
    2018-02-01 61 days 1,841 sqft
    2018-03-01 47 days 1,872 sqft
    2018-04-01 43 days 1,871 sqft
    2018-05-01 38 days 1,877 sqft
    2018-06-01 41 days 1,843 sqft
    2018-07-01 41 days 1,797 sqft
    2018-08-01 43 days 1,781 sqft
    2018-09-01 51 days 1,824 sqft
    2018-10-01 55 days 1,778 sqft
    2018-11-01 57 days 1,716 sqft
    2018-12-01 66 days 1,703 sqft
    2019-01-01 62 days 1,634 sqft
    2019-02-01 54 days 1,673 sqft
    2019-03-01 48 days 1,684 sqft
    2019-04-01 43 days 1,692 sqft
    2019-05-01 38 days 1,681 sqft
    2019-06-01 44 days 1,725 sqft
    2019-07-01 46 days 1,727 sqft
    2019-08-01 50 days 1,734 sqft
    2019-09-01 55 days 1,745 sqft
    2019-10-01 58 days 1,764 sqft
    2019-11-01 60 days 1,856 sqft
    2019-12-01 72 days 1,818 sqft
    2020-01-01 74 days 1,845 sqft
    2020-02-01 48 days 1,853 sqft
    2020-03-01 46 days 1,889 sqft
    2020-04-01 52 days 1,857 sqft
    2020-05-01 72 days 2,000 sqft
    2020-06-01 73 days 1,984 sqft
    2020-07-01 71 days 1,884 sqft
    2020-08-01 49 days 1,866 sqft
    2020-09-01 45 days 1,965 sqft
    2020-10-01 45 days 1,850 sqft
    2020-11-01 52 days 1,845 sqft
    2020-12-01 63 days 1,828 sqft
    2021-01-01 54 days 1,801 sqft
    2021-02-01 27 days 1,818 sqft
    2021-03-01 33 days 1,786 sqft
    2021-04-01 27 days 1,857 sqft
    2021-05-01 29 days 1,841 sqft
    2021-06-01 26 days 1,773 sqft
    2021-07-01 28 days 1,731 sqft
    2021-08-01 38 days 1,651 sqft
    2021-09-01 37 days 1,652 sqft
    2021-10-01 38 days 1,716 sqft
    2021-11-01 42 days 1,753 sqft
    2021-12-01 50 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 1,837 sqft
    2022-06-01 32 days 1,830 sqft
    2022-07-01 40 days 1,785 sqft
    2022-08-01 47 days 1,778 sqft
    2022-09-01 48 days 1,788 sqft
    2022-10-01 54 days 1,810 sqft
    2022-11-01 62 days 1,800 sqft
    2022-12-01 69 days 1,756 sqft
    2023-01-01 75 days 1,797 sqft
    2023-02-01 54 days 1,787 sqft
    2023-03-01 54 days 1,849 sqft
    2023-04-01 50 days 1,864 sqft
    2023-05-01 38 days 1,868 sqft
    2023-06-01 39 days 1,944 sqft
    2023-07-01 45 days 1,909 sqft
    2023-08-01 43 days 1,874 sqft
    2023-09-01 41 days 1,865 sqft
    2023-10-01 49 days 1,857 sqft
    2023-11-01 54 days 1,849 sqft
    Yuba City's median listing age (time on market) for 2023-11-01 was 54 days. This is -14% shorter than the same period one year ago.

    Yuba City's median square footage for active listings during the 2023-11-01 period was 1,849 sqft. One year prior, the average listing was 1,800 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.