Berlin VA Loan Rates, Closing Costs & Stats

Berlin, NH

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.

Berlin's 25 lenders originated 67 VA loans during 2022. The total origination value was $14,695,000, with an average VA loan value of $219,328.

Berlin VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Berlin averaged 6.39% for the week of 2023-05-26, compared to the national average (all VA variants) of 6.408% for the same period.

Berlin's average VA mortgage closing costs are $3,999.

The average rate for the prior week (2023-05-19) was 5.92% and one month ago for the week of 2023-04-21, the average rate was 6.14%.

The average rate one year ago was 5.01%.

For refis of the same type during the week of 2023-05-26, the average rate was 6.21%.

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

Berlin 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 Berlin level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 23 5.28% $3,133
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 5.56% $3,334
NAVY FEDERAL CREDIT UNION 4 3.75% $9,497
QUICKEN LOANS, LLC 3 5.20% $7,650
NEW DAY FINANCIAL, LLC 3 4.67% $4,049
UNITED WHOLESALE MORTGAGE, LLC 3 5.34% $7,199
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 4.56% $7,187
PENNYMAC LOAN SERVICES, LLC 2 3.00% $2,310
USAA Federal Savings Bank 2 4.31% $4,002
MOVEMENT MORTGAGE, LLC 1 3.75% $1,540
Mr. Cooper ( Nationstar Mortgage ) 1 4.63% $2,364
North American Savings Bank, F.S.B. 1 2.75% $8,660
NORWICH COMMERCIAL GROUP, INC. 1 6.13% $9,476
PENTAGON FEDERAL CREDIT UNION 1 2.38% $2,348
Union Bank 1 4.63% $3,908
American Mortgage & Equity Consultants, Inc. 1 5.75% $9,668
Wells Fargo Bank 1 3.38% $2,908
AMERISAVE MORTGAGE CORPORATION 1 2.75% $7,690
Bank of New Hampshire 1 4.50% $2,625
Barrington Bank & Trust Company, N.A. 1 3.13% $2,257
Carrington Mortgage Services, LLC 1 5.63% $13,078
CROSSCOUNTRY MORTGAGE, LLC 1 3.63% $516
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.13% $0
Lakeview Community Capital, LLC 1 4.75% $3,879
LAKEVIEW LOAN SERVICING, LLC 1 2.75% $1,873

The top Berlin VA lender as defined by loan originations is Mortgage Research Center, LLC, with 23 VA loans originated. Their average total fees are $3,133, which is $202 lower than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

The lowest fee Berlin VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,133), .

The lowest rate Berlin VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (5.28%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Berlin (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 $117,225 (-9.4%) $180,181 (5.3%) 0.00 347
2018-02-01 $117,225 (-9.1%) $180,286 (7.3%) 0.00 334
2018-03-01 $119,900 (-7.4%) $183,294 (5.8%) 0.00 323
2018-04-01 $119,450 (-7.7%) $181,774 (4.0%) 0.00 317
2018-05-01 $124,950 (-3.8%) $186,173 (6.8%) 0.00 321
2018-06-01 $134,900 (1.9%) $190,044 (5.2%) 0.00 345
2018-07-01 $139,900 (4.3%) $195,383 (6.3%) 0.00 366
2018-08-01 $140,625 (8.8%) $188,087 (4.6%) 0.00 382
2018-09-01 $139,900 (3.3%) $191,476 (-0.5%) 0.00 366
2018-10-01 $139,450 (5.8%) $220,588 (17.2%) 0.00 356
2018-11-01 $139,250 (11.4%) $221,447 (22.3%) 0.00 339
2018-12-01 $143,250 (19.5%) $225,747 (26.5%) 0.00 315
2019-01-01 $144,950 (23.7%) $232,256 (28.9%) 0.00 296
2019-02-01 $149,900 (27.9%) $236,501 (31.2%) 0.00 272
2019-03-01 $149,900 (25.0%) $230,934 (26.0%) 0.00 271
2019-04-01 $149,900 (25.5%) $233,168 (28.3%) 0.00 270
2019-05-01 $152,450 (22.0%) $233,606 (25.5%) 0.00 287
2019-06-01 $150,000 (11.2%) $227,175 (19.5%) 0.00 333
2019-07-01 $149,900 (7.2%) $232,361 (18.9%) 0.00 340
2019-08-01 $149,900 (6.6%) $238,853 (27.0%) 0.00 347
2019-09-01 $149,000 (6.5%) $238,324 (24.5%) 0.00 361
2019-10-01 $149,138 (7.0%) $238,433 (8.1%) 0.00 346
2019-11-01 $149,900 (7.7%) $251,174 (13.4%) 0.00 313
2019-12-01 $145,625 (1.7%) $248,888 (10.3%) 0.00 289
2020-01-01 $147,000 (1.4%) $252,551 (8.7%) 0.00 274
2020-02-01 $152,500 (1.7%) $262,318 (10.9%) 0.00 257
2020-03-01 $159,900 (6.7%) $269,012 (16.5%) 0.00 242
2020-04-01 $154,425 (3.0%) $264,602 (13.5%) 0.00 234
2020-05-01 $159,900 (4.9%) $255,744 (9.5%) 0.00 235
2020-06-01 $149,950 (0.0%) $253,015 (11.4%) 0.00 228
2020-07-01 $152,425 (1.7%) $254,221 (9.4%) 0.00 207
2020-08-01 $159,900 (6.7%) $267,589 (12.0%) 0.00 178
2020-09-01 $159,723 (7.2%) $264,967 (11.2%) 0.00 175
2020-10-01 $159,000 (6.6%) $261,804 (9.8%) 0.00 166
2020-11-01 $152,424 (1.7%) $220,191 (-12.3%) 0.00 146
2020-12-01 $152,400 (4.7%) $231,846 (-6.9%) 0.00 123
2021-01-01 $159,950 (8.8%) $241,722 (-4.3%) 0.00 102
2021-02-01 $172,000 (12.8%) $248,529 (-5.3%) 0.00 87
2021-03-01 $199,450 (24.7%) $263,715 (-2.0%) 0.00 74
2021-04-01 $187,725 (21.6%) $257,024 (-2.9%) 0.00 80
2021-05-01 $199,000 (24.5%) $256,614 (0.3%) 0.00 92
2021-06-01 $249,450 (66.4%) $282,465 (11.6%) 0.00 121
2021-07-01 $232,000 (52.2%) $275,822 (8.5%) 0.00 124
2021-08-01 $228,450 (42.9%) $268,439 (0.3%) 0.00 129
2021-09-01 $229,950 (44.0%) $275,779 (4.1%) 0.00 116
2021-10-01 $219,800 (38.2%) $271,541 (3.7%) 0.00 87
2021-11-01 $189,500 (24.3%) $261,548 (18.8%) 0.00 79
2021-12-01 $196,725 (29.1%) $254,692 (9.9%) 0.00 68
2022-01-01 $169,000 (5.7%) $254,331 (5.2%) 0.00 60
2022-02-01 $175,500 (2.0%) $285,370 (14.8%) 0.00 57
2022-03-01 $194,450 (-2.5%) $299,053 (13.4%) 0.00 66
2022-04-01 $223,000 (18.8%) $301,709 (17.4%) 0.00 65
2022-05-01 $274,000 (37.7%) $333,303 (29.9%) 0.00 84
2022-06-01 $279,675 (12.1%) $346,186 (22.6%) 0.00 107
2022-07-01 $275,000 (18.5%) $324,785 (17.8%) 0.00 122
2022-08-01 $261,000 (14.3%) $304,685 (13.5%) 0.00 134
2022-09-01 $249,900 (8.7%) $304,388 (10.4%) 0.00 125
2022-10-01 $252,950 (15.1%) $290,492 (7.0%) 0.00 120
2022-11-01 $267,450 (41.1%) $296,777 (13.5%) 0.00 116
2022-12-01 $239,950 (22.0%) $270,259 (6.1%) 0.00 106
2023-01-01 $259,500 (53.6%) $278,575 (9.5%) 0.00 77
2023-02-01 $259,500 (47.9%) $285,378 (0.0%) 0.00 69
2023-03-01 $274,900 (41.4%) $295,935 (-1.0%) 0.00 72
2023-04-01 $249,991 (12.1%) $298,471 (-1.1%) 0.00 72
Berlin's median listing price for 2023-04-01 was $249,991, a difference of $26,991 (12.1%) versus the prior year and $-24,909 versus the prior month.

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

Berlin's average listing price for 2023-04-01 was $298,471, a difference of $-3,238 (-1.1%) versus the prior year and $2,536 versus the prior month.

For the 2023-04-01 period, Berlin had 72 MLS listings, a difference of 0 listings (0%) versus the prior month and 7 listings (11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Berlin (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,518 sqft
2018-02-01 0 days 1,514 sqft
2018-03-01 0 days 1,569 sqft
2018-04-01 0 days 1,570 sqft
2018-05-01 0 days 1,584 sqft
2018-06-01 0 days 1,600 sqft
2018-07-01 0 days 1,634 sqft
2018-08-01 0 days 1,609 sqft
2018-09-01 0 days 1,600 sqft
2018-10-01 0 days 1,619 sqft
2018-11-01 0 days 1,646 sqft
2018-12-01 0 days 1,621 sqft
2019-01-01 0 days 1,722 sqft
2019-02-01 0 days 1,753 sqft
2019-03-01 0 days 1,720 sqft
2019-04-01 0 days 1,725 sqft
2019-05-01 0 days 1,669 sqft
2019-06-01 0 days 1,664 sqft
2019-07-01 0 days 1,682 sqft
2019-08-01 0 days 1,690 sqft
2019-09-01 0 days 1,694 sqft
2019-10-01 0 days 1,712 sqft
2019-11-01 0 days 1,701 sqft
2019-12-01 0 days 1,740 sqft
2020-01-01 0 days 1,749 sqft
2020-02-01 0 days 1,792 sqft
2020-03-01 0 days 1,786 sqft
2020-04-01 0 days 1,755 sqft
2020-05-01 0 days 1,679 sqft
2020-06-01 0 days 1,626 sqft
2020-07-01 0 days 1,654 sqft
2020-08-01 0 days 1,678 sqft
2020-09-01 0 days 1,661 sqft
2020-10-01 0 days 1,648 sqft
2020-11-01 0 days 1,669 sqft
2020-12-01 0 days 1,698 sqft
2021-01-01 0 days 1,665 sqft
2021-02-01 0 days 1,775 sqft
2021-03-01 0 days 1,857 sqft
2021-04-01 0 days 1,746 sqft
2021-05-01 0 days 1,672 sqft
2021-06-01 0 days 1,716 sqft
2021-07-01 0 days 1,670 sqft
2021-08-01 0 days 1,582 sqft
2021-09-01 0 days 1,531 sqft
2021-10-01 0 days 1,548 sqft
2021-11-01 0 days 1,512 sqft
2021-12-01 0 days 1,545 sqft
2022-01-01 0 days 1,554 sqft
2022-02-01 0 days 1,680 sqft
2022-03-01 0 days 1,658 sqft
2022-04-01 0 days 1,536 sqft
2022-05-01 0 days 1,631 sqft
2022-06-01 0 days 1,555 sqft
2022-07-01 0 days 1,563 sqft
2022-08-01 0 days 1,569 sqft
2022-09-01 0 days 1,567 sqft
2022-10-01 0 days 1,568 sqft
2022-11-01 0 days 1,599 sqft
2022-12-01 0 days 1,506 sqft
2023-01-01 0 days 1,490 sqft
2023-02-01 0 days 1,502 sqft
2023-03-01 0 days 1,607 sqft
2023-04-01 0 days 1,606 sqft
Berlin's median listing age (time on market) for 2023-04-01 was 0 days.

Berlin's median square footage for active listings during the 2023-04-01 period was 1,606 sqft. One year prior, the average listing was 1,536 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.