Berlin VA Loan Rates, Closing Costs & Stats

Berlin, NH

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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.

    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.