Beckley VA Loan Rates, Closing Costs & Stats

BECKLEY, WV

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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.

    Beckley's 32 lenders originated 157 VA loans during 2024. The total origination value was $35,835,000, with an average VA loan value of $228,248.

    Beckley VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Beckley averaged 6.72% for the week of 2025-07-11, compared to the national average (all VA variants) of 6.37% for the same period.

    Beckley's average VA mortgage closing costs are $4,280.

    The average rate for the prior week (2025-07-04) was 6.83% and one month ago for the week of 2025-06-06, the average rate was 6.91%.

    The average rate one year ago was 7.03%.

    For refis of the same type during the week of 2025-07-11, the average rate was 7.15%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Beckley 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 Beckley level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 48 6.55% $4,130
    MOVEMENT MORTGAGE, LLC 12 6.48% $5,514
    QUICKEN LOANS, LLC 10 6.26% $9,171
    UNITED WHOLESALE MORTGAGE, LLC 8 6.27% $6,948
    PENNYMAC LOAN SERVICES, LLC 7 5.48% $7,106
    NAVY FEDERAL CREDIT UNION 7 5.93% $2,883
    The Huntington National Bank 6 6.75% $4,709
    Truist 5 5.70% $4,358
    USAA Federal Savings Bank 5 6.28% $3,917
    Alcova Mortgage LLC 4 6.53% $8,854
    VILLAGE CAPITAL MORTGAGE 3 5.67% $6,544
    U.S. Bank 3 6.50% $3,110
    Gateway First Bank 2 6.25% $3,402
    Barrington Bank & Trust Company, N.A. 2 7.00% $6,197
    JPMorgan Chase Bank 2 6.75% $3,973
    FREEDOM MORTGAGE CORPORATION 2 6.75% $11,003
    LAKEVIEW LOAN SERVICING, LLC 2 6.00% $4,101
    LOANDEPOT.COM, LLC 2 7.00% $4,022
    Texana Bank 1 6.25% $1,283
    CMG MORTGAGE, INC. 1 6.50% $4,128
    THE MORTGAGE FIRM, INC. 1 7.25% $4,853
    BROKER SOLUTIONS, INC. 1 6.99% $7,028
    United Bank 1 6.49% $6,107
    AMERISAVE MORTGAGE CORPORATION 1 5.25% $25,956
    Waterstone Mortgage Corporation 1 7.63% $9,171
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $0
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $5,570
    NEWREZ LLC 1 6.25% $5,666
    First Federal Bank 1 5.88% $2,898
    CONTOUR MORTGAGE CORPORATION 1 5.50% $18,182
    SUCCESS MORTGAGE PARTNERS, INC. 1 7.13% $13,485
    T2 FINANCIAL LLC 1 7.13% $2,851

    The top Beckley VA lender as defined by loan originations is Mortgage Research Center, LLC, with 48 VA loans originated. Their average total fees are $4,130, which is $1,384 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

    The lowest fee Beckley VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,130), MOVEMENT MORTGAGE, LLC ($5,514), QUICKEN LOANS, LLC ($9,171), .

    The lowest rate Beckley VA lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.26%), MOVEMENT MORTGAGE, LLC (6.48%), Mortgage Research Center, LLC (6.55%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Beckley (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 $120,000 (-7.7%) $166,254 (-5.3%) 0.00 547
    2018-02-01 $119,950 (-9.3%) $163,997 (-6.9%) 0.00 536
    2018-03-01 $120,000 (-13.7%) $168,113 (-4.9%) 0.00 520
    2018-04-01 $127,725 (-8.1%) $177,451 (-0.7%) 0.00 499
    2018-05-01 $131,200 (-5.9%) $181,349 (1.7%) 0.00 513
    2018-06-01 $129,950 (-7.1%) $183,342 (-0.2%) 0.00 569
    2018-07-01 $129,900 (-6.6%) $179,015 (0.0%) 0.00 595
    2018-08-01 $129,800 (-5.2%) $178,108 (-0.2%) 0.00 613
    2018-09-01 $129,000 (-4.4%) $177,210 (-0.1%) 0.00 618
    2018-10-01 $125,498 (-5.8%) $180,225 (1.4%) 0.00 582
    2018-11-01 $120,625 (-6.5%) $178,998 (4.0%) 0.00 530
    2018-12-01 $125,000 (0.1%) $175,752 (4.6%) 0.00 487
    2019-01-01 $122,500 (2.1%) $175,039 (5.3%) 0.00 442
    2019-02-01 $129,450 (7.9%) $182,029 (11.0%) 0.00 427
    2019-03-01 $134,100 (11.8%) $187,454 (11.5%) 0.00 426
    2019-04-01 $138,650 (8.6%) $192,610 (8.5%) 0.00 428
    2019-05-01 $139,700 (6.5%) $200,167 (10.4%) 0.00 458
    2019-06-01 $139,900 (7.7%) $202,298 (10.3%) 0.00 494
    2019-07-01 $139,900 (7.7%) $205,281 (14.7%) 0.00 488
    2019-08-01 $135,327 (4.3%) $197,329 (10.8%) 0.00 502
    2019-09-01 $128,393 (-0.5%) $185,961 (4.9%) 0.00 525
    2019-10-01 $123,125 (-1.9%) $179,706 (-0.3%) 0.00 535
    2019-11-01 $119,900 (-0.6%) $179,814 (0.5%) 0.00 516
    2019-12-01 $119,000 (-4.8%) $172,762 (-1.7%) 0.00 500
    2020-01-01 $115,000 (-6.1%) $166,463 (-4.9%) 0.00 455
    2020-02-01 $125,000 (-3.4%) $179,822 (-1.2%) 0.00 395
    2020-03-01 $124,925 (-6.8%) $180,299 (-3.8%) 0.00 369
    2020-04-01 $122,475 (-11.7%) $183,304 (-4.8%) 0.00 333
    2020-05-01 $119,900 (-14.2%) $178,431 (-10.9%) 0.00 318
    2020-06-01 $115,750 (-17.3%) $180,007 (-11.0%) 0.00 312
    2020-07-01 $119,975 (-14.2%) $192,664 (-6.2%) 0.00 316
    2020-08-01 $122,670 (-9.4%) $206,352 (4.6%) 0.00 303
    2020-09-01 $115,875 (-9.8%) $211,287 (13.6%) 0.00 289
    2020-10-01 $114,900 (-6.7%) $199,100 (10.8%) 0.00 322
    2020-11-01 $115,500 (-3.7%) $197,091 (9.6%) 0.00 320
    2020-12-01 $119,950 (0.8%) $199,437 (15.4%) 0.00 288
    2021-01-01 $122,950 (6.9%) $209,064 (25.6%) 0.00 254
    2021-02-01 $135,000 (8.0%) $220,493 (22.6%) 0.00 220
    2021-03-01 $132,750 (6.3%) $226,874 (25.8%) 0.00 200
    2021-04-01 $135,000 (10.2%) $238,834 (30.3%) 0.00 170
    2021-05-01 $155,000 (29.3%) $257,019 (44.0%) 0.00 164
    2021-06-01 $157,000 (35.6%) $249,436 (38.6%) 0.00 178
    2021-07-01 $141,000 (17.5%) $221,657 (15.1%) 0.00 190
    2021-08-01 $131,000 (6.8%) $214,411 (3.9%) 0.00 191
    2021-09-01 $139,125 (20.1%) $228,585 (8.2%) 0.00 184
    2021-10-01 $145,000 (26.2%) $223,286 (12.2%) 0.00 172
    2021-11-01 $133,700 (15.8%) $217,195 (10.2%) 0.00 158
    2021-12-01 $125,975 (5.0%) $228,541 (14.6%) 0.00 145
    2022-01-01 $127,000 (3.3%) $236,744 (13.2%) 0.00 125
    2022-02-01 $124,974 (-7.4%) $222,785 (1.0%) 0.00 119
    2022-03-01 $139,975 (5.4%) $250,526 (10.4%) 0.00 110
    2022-04-01 $129,900 (-3.8%) $241,537 (1.1%) 0.00 124
    2022-05-01 $141,200 (-8.9%) $237,057 (-7.8%) 0.00 120
    2022-06-01 $143,225 (-8.8%) $243,038 (-2.6%) 0.00 136
    2022-07-01 $139,000 (-1.4%) $228,418 (3.1%) 0.00 156
    2022-08-01 $154,450 (17.9%) $239,934 (11.9%) 0.00 180
    2022-09-01 $158,750 (14.1%) $254,791 (11.5%) 0.00 175
    2022-10-01 $149,950 (3.4%) $260,760 (16.8%) 0.00 191
    2022-11-01 $161,225 (20.6%) $267,394 (23.1%) 0.00 180
    2022-12-01 $152,000 (20.7%) $247,582 (8.3%) 0.00 182
    2023-01-01 $152,500 (20.1%) $254,578 (7.5%) 0.00 169
    2023-02-01 $153,000 (22.4%) $283,874 (27.4%) 0.00 154
    2023-03-01 $153,750 (9.8%) $289,461 (15.5%) 0.00 148
    2023-04-01 $184,950 (42.4%) $308,870 (27.9%) 0.00 138
    2023-05-01 $205,000 (45.2%) $314,705 (32.8%) 0.00 145
    2023-06-01 $217,500 (51.9%) $299,213 (23.1%) 0.00 167
    2023-07-01 $219,950 (58.2%) $293,275 (28.4%) 0.00 181
    2023-08-01 $212,425 (37.5%) $289,826 (20.8%) 0.00 181
    2023-09-01 $199,900 (25.9%) $281,431 (10.5%) 0.00 181
    2023-10-01 $194,750 (29.9%) $277,050 (6.3%) 0.00 199
    2023-11-01 $189,725 (17.7%) $268,074 (0.3%) 0.00 186
    2023-12-01 $190,450 (25.3%) $249,620 (0.8%) 0.00 188
    2024-01-01 $188,425 (23.6%) $237,913 (-6.6%) 0.00 180
    2024-02-01 $160,975 (5.2%) $224,642 (-20.9%) 0.00 171
    2024-03-01 $169,000 (9.9%) $237,753 (-17.9%) 0.00 179
    2024-04-01 $178,225 (-3.6%) $271,045 (-12.3%) 0.00 164
    2024-05-01 $177,300 (-13.5%) $280,030 (-11.0%) 0.00 193
    2024-06-01 $179,900 (-17.3%) $291,035 (-2.7%) 0.00 204
    2024-07-01 $186,200 (-15.3%) $296,391 (1.1%) 0.00 216
    2024-08-01 $219,900 (3.5%) $313,315 (8.1%) 0.00 213
    2024-09-01 $212,250 (6.2%) $298,443 (6.0%) 0.00 221
    2024-10-01 $215,000 (10.4%) $303,890 (9.7%) 0.00 223
    2024-11-01 $199,000 (4.9%) $267,549 (-0.2%) 0.00 218
    2024-12-01 $192,500 (1.1%) $266,139 (6.6%) 0.00 196
    2025-01-01 $187,750 (-0.4%) $267,977 (12.6%) 0.00 185
    2025-02-01 $189,450 (17.7%) $264,228 (17.6%) 0.00 174
    2025-03-01 $185,000 (9.5%) $258,710 (8.8%) 0.00 175
    2025-04-01 $182,975 (2.7%) $242,324 (-10.6%) 0.00 195
    2025-05-01 $189,500 (6.9%) $298,201 (6.5%) 0.00 214
    2025-06-01 $195,000 (8.4%) $297,475 (2.2%) 0.00 248
    Beckley's median listing price for 2025-06-01 was $195,000, a difference of $15,100 (8.4%) versus the prior year and $5,500 versus the prior month.

    Beckley's median listing price comes in at 0% of the national average.

    Beckley's average listing price for 2025-06-01 was $297,475, a difference of $6,440 (2.2%) versus the prior year and $-726 versus the prior month.

    For the 2025-06-01 period, Beckley had 248 MLS listings, a difference of 34 listings (16%) versus the prior month and 44 listings (22%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Beckley (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,773 sqft
    2018-02-01 0 days 1,754 sqft
    2018-03-01 0 days 1,751 sqft
    2018-04-01 0 days 1,750 sqft
    2018-05-01 0 days 1,767 sqft
    2018-06-01 0 days 1,767 sqft
    2018-07-01 0 days 1,762 sqft
    2018-08-01 0 days 1,750 sqft
    2018-09-01 0 days 1,764 sqft
    2018-10-01 0 days 1,748 sqft
    2018-11-01 0 days 1,718 sqft
    2018-12-01 0 days 1,686 sqft
    2019-01-01 0 days 1,667 sqft
    2019-02-01 0 days 1,737 sqft
    2019-03-01 0 days 1,769 sqft
    2019-04-01 0 days 1,798 sqft
    2019-05-01 0 days 1,844 sqft
    2019-06-01 0 days 1,861 sqft
    2019-07-01 0 days 1,881 sqft
    2019-08-01 0 days 1,885 sqft
    2019-09-01 0 days 1,881 sqft
    2019-10-01 0 days 1,878 sqft
    2019-11-01 0 days 1,891 sqft
    2019-12-01 0 days 1,845 sqft
    2020-01-01 0 days 1,799 sqft
    2020-02-01 0 days 1,738 sqft
    2020-03-01 0 days 1,673 sqft
    2020-04-01 0 days 1,618 sqft
    2020-05-01 0 days 1,657 sqft
    2020-06-01 0 days 1,651 sqft
    2020-07-01 0 days 1,743 sqft
    2020-08-01 0 days 1,824 sqft
    2020-09-01 0 days 1,756 sqft
    2020-10-01 0 days 1,593 sqft
    2020-11-01 0 days 1,590 sqft
    2020-12-01 0 days 1,583 sqft
    2021-01-01 0 days 1,584 sqft
    2021-02-01 0 days 1,618 sqft
    2021-03-01 0 days 1,676 sqft
    2021-04-01 0 days 1,677 sqft
    2021-05-01 0 days 1,823 sqft
    2021-06-01 0 days 1,812 sqft
    2021-07-01 0 days 1,755 sqft
    2021-08-01 0 days 1,733 sqft
    2021-09-01 0 days 1,717 sqft
    2021-10-01 0 days 1,726 sqft
    2021-11-01 0 days 1,695 sqft
    2021-12-01 0 days 1,663 sqft
    2022-01-01 0 days 1,575 sqft
    2022-02-01 0 days 1,584 sqft
    2022-03-01 0 days 1,688 sqft
    2022-04-01 0 days 1,595 sqft
    2022-05-01 0 days 1,579 sqft
    2022-06-01 0 days 1,604 sqft
    2022-07-01 0 days 1,600 sqft
    2022-08-01 0 days 1,641 sqft
    2022-09-01 0 days 1,658 sqft
    2022-10-01 0 days 1,535 sqft
    2022-11-01 0 days 1,596 sqft
    2022-12-01 0 days 1,537 sqft
    2023-01-01 0 days 1,522 sqft
    2023-02-01 0 days 1,540 sqft
    2023-03-01 0 days 1,583 sqft
    2023-04-01 0 days 1,674 sqft
    2023-05-01 0 days 1,755 sqft
    2023-06-01 0 days 1,794 sqft
    2023-07-01 0 days 1,819 sqft
    2023-08-01 0 days 1,808 sqft
    2023-09-01 0 days 1,823 sqft
    2023-10-01 0 days 1,858 sqft
    2023-11-01 0 days 1,877 sqft
    2023-12-01 0 days 1,891 sqft
    2024-01-01 0 days 1,743 sqft
    2024-02-01 0 days 1,696 sqft
    2024-03-01 0 days 1,708 sqft
    2024-04-01 0 days 1,660 sqft
    2024-05-01 0 days 1,692 sqft
    2024-06-01 0 days 1,746 sqft
    2024-07-01 0 days 1,800 sqft
    2024-08-01 0 days 1,851 sqft
    2024-09-01 0 days 1,741 sqft
    2024-10-01 0 days 1,699 sqft
    2024-11-01 0 days 1,713 sqft
    2024-12-01 0 days 1,604 sqft
    2025-01-01 0 days 1,609 sqft
    2025-02-01 0 days 1,628 sqft
    2025-03-01 0 days 1,629 sqft
    2025-04-01 0 days 1,647 sqft
    2025-05-01 0 days 1,666 sqft
    2025-06-01 0 days 1,656 sqft
    Beckley's median listing age (time on market) for 2025-06-01 was 0 days.

    Beckley's median square footage for active listings during the 2025-06-01 period was 1,656 sqft. One year prior, the average listing was 1,746 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.