Yuma VA Loan Rates, Closing Costs & Stats
YUMA, AZ
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.
Yuma's 63 lenders originated 581 VA loans during 2023. The total origination value was $181,205,000, with an average VA loan value of $311,885.
Yuma VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Yuma
averaged
0.01%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Yuma's average VA mortgage closing costs are $6,194.
The average rate for the prior week (2024-11-22) was
6.68% and
one month ago for the week of 2024-10-25, the
average rate was 6.07%.
The average rate one year ago was 6.92%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.09%.
Yuma 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 Yuma level.
The top Yuma VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
70 VA loans originated. Their average total fees are
$7,497, which is $68
lower than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Yuma VA lenders (with over 10 loans originated) are
PENNYMAC LOAN SERVICES, LLC ($6,746), PRIMELENDING, A PLAINSCAPITAL COMPANY ($6,778), ACADEMY MORTGAGE CORPORATION ($7,036), NAVY FEDERAL CREDIT UNION ($7,437) and UNITED WHOLESALE MORTGAGE, LLC ($7,497).
The lowest rate Yuma VA lenders (with over 10 loans originated) are
PENNYMAC LOAN SERVICES, LLC (5.50%), NAVY FEDERAL CREDIT UNION (5.81%), QUICKEN LOANS, LLC (6.10%), ACADEMY MORTGAGE CORPORATION (6.10%) and GUARANTEED RATE, INC. (6.14%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Yuma (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 | $191,100 (0.6%) | $221,576 (0.3%) | 0.71 | 807 |
2018-02-01 | $195,000 (0.3%) | $224,779 (-0.3%) | 0.71 | 784 |
2018-03-01 | $199,000 (-0.2%) | $226,613 (-0.2%) | 0.70 | 763 |
2018-04-01 | $199,850 (1.9%) | $229,462 (0.6%) | 0.68 | 704 |
2018-05-01 | $208,788 (4.8%) | $231,748 (-0.1%) | 0.70 | 649 |
2018-06-01 | $206,187 (4.2%) | $230,336 (0.3%) | 0.69 | 628 |
2018-07-01 | $205,000 (2.6%) | $230,138 (-1.2%) | 0.68 | 595 |
2018-08-01 | $214,000 (7.1%) | $234,369 (0.6%) | 0.72 | 599 |
2018-09-01 | $217,912 (9.0%) | $235,240 (2.0%) | 0.73 | 659 |
2018-10-01 | $217,431 (4.6%) | $235,484 (2.6%) | 0.74 | 666 |
2018-11-01 | $217,500 (8.8%) | $237,812 (6.4%) | 0.74 | 690 |
2018-12-01 | $220,000 (12.9%) | $234,564 (6.4%) | 0.76 | 681 |
2019-01-01 | $219,900 (15.1%) | $235,306 (6.2%) | 0.76 | 681 |
2019-02-01 | $222,862 (14.3%) | $242,243 (7.8%) | 0.75 | 690 |
2019-03-01 | $225,393 (13.3%) | $244,395 (7.9%) | 0.74 | 662 |
2019-04-01 | $225,943 (13.1%) | $245,717 (7.1%) | 0.72 | 639 |
2019-05-01 | $220,950 (5.8%) | $248,278 (7.1%) | 0.69 | 627 |
2019-06-01 | $224,900 (9.1%) | $251,413 (9.2%) | 0.70 | 589 |
2019-07-01 | $226,500 (10.5%) | $256,125 (11.3%) | 0.71 | 533 |
2019-08-01 | $229,109 (7.1%) | $259,451 (10.7%) | 0.73 | 533 |
2019-09-01 | $227,923 (4.6%) | $258,542 (9.9%) | 0.73 | 538 |
2019-10-01 | $227,582 (4.7%) | $259,009 (10.0%) | 0.73 | 541 |
2019-11-01 | $229,900 (5.7%) | $258,637 (8.8%) | 0.75 | 560 |
2019-12-01 | $227,373 (3.4%) | $256,167 (9.2%) | 0.76 | 555 |
2020-01-01 | $219,450 (-0.2%) | $248,519 (5.6%) | 0.73 | 552 |
2020-02-01 | $224,900 (0.9%) | $255,663 (5.5%) | 0.74 | 509 |
2020-03-01 | $239,913 (6.4%) | $267,098 (9.3%) | 0.75 | 461 |
2020-04-01 | $237,950 (5.3%) | $264,014 (7.5%) | 0.75 | 454 |
2020-05-01 | $239,900 (8.6%) | $261,809 (5.5%) | 0.73 | 355 |
2020-06-01 | $232,600 (3.4%) | $264,209 (5.1%) | 0.69 | 271 |
2020-07-01 | $242,879 (7.2%) | $282,201 (10.2%) | 0.70 | 225 |
2020-08-01 | $229,900 (0.4%) | $284,749 (9.8%) | 0.66 | 190 |
2020-09-01 | $227,450 (-0.2%) | $294,144 (13.8%) | 0.65 | 194 |
2020-10-01 | $210,900 (-7.3%) | $281,133 (8.5%) | 0.60 | 207 |
2020-11-01 | $231,250 (0.6%) | $291,215 (12.6%) | 0.68 | 201 |
2020-12-01 | $229,508 (0.9%) | $290,015 (13.2%) | 0.68 | 199 |
2021-01-01 | $240,000 (9.4%) | $293,787 (18.2%) | 0.72 | 172 |
2021-02-01 | $246,850 (9.8%) | $301,900 (18.1%) | 0.72 | 165 |
2021-03-01 | $256,175 (6.8%) | $297,999 (11.6%) | 0.73 | 160 |
2021-04-01 | $260,888 (9.6%) | $317,525 (20.3%) | 0.71 | 145 |
2021-05-01 | $279,900 (16.7%) | $335,538 (28.2%) | 0.74 | 139 |
2021-06-01 | $281,975 (21.2%) | $324,819 (22.9%) | 0.74 | 147 |
2021-07-01 | $281,450 (15.9%) | $326,385 (15.7%) | 0.74 | 203 |
2021-08-01 | $270,200 (17.5%) | $314,996 (10.6%) | 0.72 | 209 |
2021-09-01 | $271,000 (19.2%) | $313,151 (6.5%) | 0.72 | 201 |
2021-10-01 | $279,250 (32.4%) | $331,984 (18.1%) | 0.74 | 184 |
2021-11-01 | $279,500 (20.9%) | $331,982 (14.0%) | 0.75 | 172 |
2021-12-01 | $280,000 (22.0%) | $332,596 (14.7%) | 0.76 | 166 |
2022-01-01 | $285,741 (19.1%) | $336,976 (14.7%) | 0.77 | 152 |
2022-02-01 | $296,450 (20.1%) | $337,175 (11.7%) | 0.77 | 151 |
2022-03-01 | $299,625 (17.0%) | $339,100 (13.8%) | 0.75 | 150 |
2022-04-01 | $315,000 (20.7%) | $362,252 (14.1%) | 0.75 | 169 |
2022-05-01 | $309,724 (10.7%) | $363,769 (8.4%) | 0.71 | 212 |
2022-06-01 | $302,128 (7.2%) | $354,112 (9.0%) | 0.67 | 269 |
2022-07-01 | $310,130 (10.2%) | $353,713 (8.4%) | 0.70 | 314 |
2022-08-01 | $311,440 (15.3%) | $360,023 (14.3%) | 0.72 | 342 |
2022-09-01 | $315,000 (16.2%) | $365,030 (16.6%) | 0.74 | 362 |
2022-10-01 | $311,440 (11.5%) | $359,317 (8.2%) | 0.73 | 393 |
2022-11-01 | $309,640 (10.8%) | $349,630 (5.3%) | 0.74 | 399 |
2022-12-01 | $305,000 (8.9%) | $349,224 (5.0%) | 0.75 | 370 |
2023-01-01 | $299,800 (4.9%) | $346,910 (3.0%) | 0.74 | 337 |
2023-02-01 | $303,939 (2.5%) | $352,680 (4.6%) | 0.73 | 306 |
2023-03-01 | $299,225 (-0.1%) | $357,859 (5.5%) | 0.71 | 267 |
2023-04-01 | $305,000 (-3.2%) | $364,358 (0.6%) | 0.71 | 242 |
2023-05-01 | $326,000 (5.3%) | $371,628 (2.2%) | 0.74 | 232 |
2023-06-01 | $346,275 (14.6%) | $397,051 (12.1%) | 0.78 | 232 |
2023-07-01 | $339,500 (9.5%) | $390,631 (10.4%) | 0.77 | 260 |
2023-08-01 | $335,475 (7.7%) | $393,578 (9.3%) | 0.77 | 257 |
2023-09-01 | $347,450 (10.3%) | $392,087 (7.4%) | 0.81 | 274 |
2023-10-01 | $342,450 (10.0%) | $385,091 (7.2%) | 0.81 | 375 |
2023-11-01 | $339,450 (9.6%) | $396,775 (13.5%) | 0.81 | 417 |
2023-12-01 | $330,000 (8.2%) | $387,280 (10.9%) | 0.80 | 420 |
2024-01-01 | $328,475 (9.6%) | $379,129 (9.3%) | 0.80 | 407 |
2024-02-01 | $337,425 (11.0%) | $385,912 (9.4%) | 0.81 | 395 |
2024-03-01 | $339,000 (13.3%) | $386,307 (8.0%) | 0.80 | 403 |
2024-04-01 | $349,450 (14.6%) | $390,362 (7.1%) | 0.81 | 414 |
2024-05-01 | $355,225 (9.0%) | $387,030 (4.1%) | 0.80 | 396 |
2024-06-01 | $349,950 (1.1%) | $378,428 (-4.7%) | 0.79 | 406 |
2024-07-01 | $342,475 (0.9%) | $374,760 (-4.1%) | 0.78 | 381 |
2024-08-01 | $338,500 (0.9%) | $371,877 (-5.5%) | 0.79 | 411 |
2024-09-01 | $340,200 (-2.1%) | $1,415,496 (261.0%) | 0.80 | 420 |
2024-10-01 | $345,750 (1.0%) | $381,561 (-0.9%) | 0.81 | 442 |
Yuma's median listing price comes in at 81% of the national average.
Yuma's average listing price for 2024-10-01 was $381,561, a difference of $-3,530 (-0.9%) versus the prior year and $-1,033,935 versus the prior month.
For the 2024-10-01 period, Yuma had 442 MLS listings, a difference of 22 listings (5%) versus the prior month and 67 listings (18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Yuma (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 72 days | 1,628 sqft |
2018-02-01 | 75 days | 1,631 sqft |
2018-03-01 | 66 days | 1,650 sqft |
2018-04-01 | 64 days | 1,660 sqft |
2018-05-01 | 67 days | 1,701 sqft |
2018-06-01 | 63 days | 1,701 sqft |
2018-07-01 | 70 days | 1,701 sqft |
2018-08-01 | 68 days | 1,699 sqft |
2018-09-01 | 58 days | 1,695 sqft |
2018-10-01 | 57 days | 1,691 sqft |
2018-11-01 | 60 days | 1,691 sqft |
2018-12-01 | 65 days | 1,695 sqft |
2019-01-01 | 72 days | 1,699 sqft |
2019-02-01 | 68 days | 1,699 sqft |
2019-03-01 | 64 days | 1,690 sqft |
2019-04-01 | 63 days | 1,682 sqft |
2019-05-01 | 68 days | 1,665 sqft |
2019-06-01 | 73 days | 1,679 sqft |
2019-07-01 | 75 days | 1,694 sqft |
2019-08-01 | 67 days | 1,696 sqft |
2019-09-01 | 56 days | 1,675 sqft |
2019-10-01 | 50 days | 1,665 sqft |
2019-11-01 | 54 days | 1,662 sqft |
2019-12-01 | 65 days | 1,660 sqft |
2020-01-01 | 68 days | 1,638 sqft |
2020-02-01 | 68 days | 1,660 sqft |
2020-03-01 | 58 days | 1,686 sqft |
2020-04-01 | 61 days | 1,654 sqft |
2020-05-01 | 66 days | 1,666 sqft |
2020-06-01 | 67 days | 1,609 sqft |
2020-07-01 | 54 days | 1,670 sqft |
2020-08-01 | 45 days | 1,634 sqft |
2020-09-01 | 33 days | 1,606 sqft |
2020-10-01 | 29 days | 1,548 sqft |
2020-11-01 | 42 days | 1,565 sqft |
2020-12-01 | 40 days | 1,541 sqft |
2021-01-01 | 47 days | 1,552 sqft |
2021-02-01 | 32 days | 1,578 sqft |
2021-03-01 | 26 days | 1,606 sqft |
2021-04-01 | 25 days | 1,674 sqft |
2021-05-01 | 29 days | 1,718 sqft |
2021-06-01 | 28 days | 1,667 sqft |
2021-07-01 | 24 days | 1,602 sqft |
2021-08-01 | 31 days | 1,570 sqft |
2021-09-01 | 38 days | 1,553 sqft |
2021-10-01 | 41 days | 1,553 sqft |
2021-11-01 | 34 days | 1,555 sqft |
2021-12-01 | 41 days | 1,549 sqft |
2022-01-01 | 32 days | 1,595 sqft |
2022-02-01 | 20 days | 1,570 sqft |
2022-03-01 | 22 days | 1,600 sqft |
2022-04-01 | 19 days | 1,657 sqft |
2022-05-01 | 22 days | 1,625 sqft |
2022-06-01 | 24 days | 1,614 sqft |
2022-07-01 | 30 days | 1,584 sqft |
2022-08-01 | 38 days | 1,595 sqft |
2022-09-01 | 42 days | 1,662 sqft |
2022-10-01 | 45 days | 1,609 sqft |
2022-11-01 | 51 days | 1,575 sqft |
2022-12-01 | 61 days | 1,574 sqft |
2023-01-01 | 57 days | 1,573 sqft |
2023-02-01 | 46 days | 1,579 sqft |
2023-03-01 | 43 days | 1,565 sqft |
2023-04-01 | 43 days | 1,584 sqft |
2023-05-01 | 40 days | 1,622 sqft |
2023-06-01 | 43 days | 1,681 sqft |
2023-07-01 | 35 days | 1,606 sqft |
2023-08-01 | 48 days | 1,599 sqft |
2023-09-01 | 45 days | 1,627 sqft |
2023-10-01 | 40 days | 1,666 sqft |
2023-11-01 | 46 days | 1,645 sqft |
2023-12-01 | 58 days | 1,587 sqft |
2024-01-01 | 62 days | 1,585 sqft |
2024-02-01 | 52 days | 1,596 sqft |
2024-03-01 | 45 days | 1,602 sqft |
2024-04-01 | 42 days | 1,602 sqft |
2024-05-01 | 43 days | 1,604 sqft |
2024-06-01 | 48 days | 1,599 sqft |
2024-07-01 | 53 days | 1,582 sqft |
2024-08-01 | 51 days | 1,565 sqft |
2024-09-01 | 45 days | 1,567 sqft |
2024-10-01 | 43 days | 1,566 sqft |
Yuma's median square footage for active listings during the 2024-10-01 period was 1,566 sqft. One year prior, the average listing was 1,666 sqft.