Bloomsburg VA Loan Rates, Closing Costs & Stats

BLOOMSBURG-BERWICK, PA

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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.

    Bloomsburg's 21 lenders originated 52 VA loans during 2023. The total origination value was $12,390,000, with an average VA loan value of $238,269.

    Bloomsburg VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Bloomsburg averaged 6.7% for the week of 2024-11-08, compared to the national average (all VA variants) of 6.34% for the same period.

    Bloomsburg's average VA mortgage closing costs are $6,092.

    The average rate for the prior week (2024-11-01) was 6.76% and one month ago for the week of 2024-10-04, the average rate was 5.88%.

    The average rate one year ago was 7.44%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.14%.

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

    Bloomsburg 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 Bloomsburg level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 21 6.99% $5,928
    QUICKEN LOANS, LLC 4 6.34% $10,089
    NAVY FEDERAL CREDIT UNION 2 6.13% $3,862
    FREEDOM MORTGAGE CORPORATION 2 5.63% $13,504
    Meridian Bank Corporation 2 5.44% $7,843
    USAA Federal Savings Bank 2 7.13% $10,445
    First Federal Bank of Kansas City 1 6.00% $0
    GUILD MORTGAGE COMPANY 1 6.50% $13,763
    NEW DAY FINANCIAL, LLC 1 7.75% $14,135
    NEWREZ LLC 1 6.13% $5,635
    PENNYMAC LOAN SERVICES, LLC 1 5.25% $3,142
    PENTAGON FEDERAL CREDIT UNION 1 7.13% $11,844
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.38% $9,082
    UNITED WHOLESALE MORTGAGE, LLC 1 6.57% $26,030
    Bank of England 1 5.75% $7,106
    Waterstone Mortgage Corporation 1 6.13% $0
    CHERRY CREEK MORTGAGE, LLC 1 6.25% $4,476
    EMBRACE HOME LOANS, INC. 1 6.25% $10,520
    Equity Prime Mortgage LLC 1 8.13% $18,133
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $3,584
    First Commonwealth Bank 1 6.13% $5,635

    The top Bloomsburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 21 VA loans originated. Their average total fees are $5,928, which is $4,161 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Bloomsburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,928), .

    The lowest rate Bloomsburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.99%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bloomsburg (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 $166,500 (14.8%) $214,313 (3.5%) 0.00 318
    2018-02-01 $157,975 (6.0%) $219,551 (5.1%) 0.00 292
    2018-03-01 $159,900 (-1.5%) $235,371 (7.4%) 0.00 285
    2018-04-01 $168,450 (-0.9%) $253,123 (12.9%) 0.00 267
    2018-05-01 $180,000 (6.5%) $258,609 (17.5%) 0.00 264
    2018-06-01 $171,500 (4.9%) $250,757 (17.5%) 0.00 277
    2018-07-01 $167,500 (8.1%) $242,612 (15.6%) 0.00 294
    2018-08-01 $165,250 (6.7%) $238,625 (14.6%) 0.00 293
    2018-09-01 $175,000 (13.0%) $247,580 (19.3%) 0.00 293
    2018-10-01 $170,400 (10.0%) $231,606 (12.2%) 0.00 301
    2018-11-01 $169,925 (1.5%) $227,495 (6.4%) 0.00 286
    2018-12-01 $164,900 (-1.9%) $222,467 (4.4%) 0.00 276
    2019-01-01 $159,175 (-4.4%) $213,994 (-0.2%) 0.00 274
    2019-02-01 $161,500 (2.2%) $219,809 (0.1%) 0.00 251
    2019-03-01 $177,286 (10.9%) $228,470 (-2.9%) 0.00 250
    2019-04-01 $193,786 (15.0%) $242,535 (-4.2%) 0.00 249
    2019-05-01 $185,000 (2.8%) $238,651 (-7.7%) 0.00 259
    2019-06-01 $179,900 (4.9%) $228,493 (-8.9%) 0.00 263
    2019-07-01 $179,900 (7.4%) $222,210 (-8.4%) 0.00 258
    2019-08-01 $177,991 (7.7%) $217,427 (-8.9%) 0.00 259
    2019-09-01 $175,127 (0.1%) $216,585 (-12.5%) 0.00 253
    2019-10-01 $171,400 (0.6%) $216,023 (-6.7%) 0.00 254
    2019-11-01 $167,700 (-1.3%) $215,762 (-5.2%) 0.00 242
    2019-12-01 $164,900 (0.0%) $215,374 (-3.2%) 0.00 222
    2020-01-01 $166,173 (4.4%) $221,090 (3.3%) 0.00 205
    2020-02-01 $169,973 (5.3%) $222,201 (1.1%) 0.00 191
    2020-03-01 $185,250 (4.5%) $240,564 (5.3%) 0.00 186
    2020-04-01 $199,600 (3.0%) $243,887 (0.6%) 0.00 172
    2020-05-01 $184,000 (-0.5%) $246,759 (3.4%) 0.00 170
    2020-06-01 $182,938 (1.7%) $248,190 (8.6%) 0.00 155
    2020-07-01 $179,950 (0.0%) $239,643 (7.9%) 0.00 149
    2020-08-01 $179,900 (1.1%) $236,723 (8.9%) 0.00 155
    2020-09-01 $188,450 (7.6%) $239,905 (10.8%) 0.00 141
    2020-10-01 $185,000 (7.9%) $237,524 (10.0%) 0.00 137
    2020-11-01 $181,050 (8.0%) $234,234 (8.6%) 0.00 129
    2020-12-01 $174,999 (6.1%) $228,815 (6.2%) 0.00 131
    2021-01-01 $169,900 (2.2%) $225,117 (1.8%) 0.00 126
    2021-02-01 $187,950 (10.6%) $250,958 (12.9%) 0.00 108
    2021-03-01 $187,950 (1.5%) $259,387 (7.8%) 0.00 95
    2021-04-01 $191,975 (-3.8%) $280,247 (14.9%) 0.00 85
    2021-05-01 $189,000 (2.7%) $269,641 (9.3%) 0.00 90
    2021-06-01 $176,100 (-3.7%) $251,188 (1.2%) 0.00 101
    2021-07-01 $205,000 (13.9%) $268,561 (12.1%) 0.00 115
    2021-08-01 $214,950 (19.5%) $315,027 (33.1%) 0.00 92
    2021-09-01 $211,125 (12.0%) $298,357 (24.4%) 0.00 88
    2021-10-01 $217,500 (17.6%) $293,382 (23.5%) 0.00 90
    2021-11-01 $201,750 (11.4%) $267,961 (14.4%) 0.00 87
    2021-12-01 $202,500 (15.7%) $280,953 (22.8%) 0.00 79
    2022-01-01 $197,000 (16.0%) $324,257 (44.0%) 0.00 59
    2022-02-01 $185,125 (-1.5%) $300,745 (19.8%) 0.00 63
    2022-03-01 $188,750 (0.4%) $288,143 (11.1%) 0.00 64
    2022-04-01 $193,500 (0.8%) $321,885 (14.9%) 0.00 62
    2022-05-01 $225,000 (19.1%) $331,134 (22.8%) 0.00 71
    2022-06-01 $268,225 (52.3%) $342,799 (36.5%) 0.00 90
    2022-07-01 $233,000 (13.7%) $330,727 (23.2%) 0.00 103
    2022-08-01 $239,450 (11.4%) $335,255 (6.4%) 0.00 102
    2022-09-01 $238,975 (13.2%) $312,721 (4.8%) 0.00 99
    2022-10-01 $256,450 (17.9%) $320,277 (9.2%) 0.00 98
    2022-11-01 $245,725 (21.8%) $302,868 (13.0%) 0.00 96
    2022-12-01 $233,450 (15.3%) $285,107 (1.5%) 0.00 96
    2023-01-01 $217,425 (10.4%) $273,844 (-15.6%) 0.00 74
    2023-02-01 $239,700 (29.5%) $282,524 (-6.1%) 0.00 67
    2023-03-01 $248,975 (31.9%) $319,582 (10.9%) 0.00 66
    2023-04-01 $235,000 (21.5%) $324,124 (0.7%) 0.00 68
    2023-05-01 $237,000 (5.3%) $307,604 (-7.1%) 0.00 66
    2023-06-01 $238,450 (-11.1%) $301,531 (-12.0%) 0.00 71
    2023-07-01 $238,450 (2.3%) $312,235 (-5.6%) 0.00 66
    2023-08-01 $243,125 (1.5%) $302,470 (-9.8%) 0.00 72
    2023-09-01 $239,000 (0.0%) $297,091 (-5.0%) 0.00 81
    2023-10-01 $227,200 (-11.4%) $285,026 (-11.0%) 0.00 90
    2023-11-01 $219,375 (-10.7%) $283,731 (-6.3%) 0.00 92
    2023-12-01 $217,000 (-7.1%) $274,500 (-3.7%) 0.00 83
    2024-01-01 $259,750 (19.5%) $324,835 (18.6%) 0.00 64
    2024-02-01 $269,475 (12.4%) $338,166 (19.7%) 0.00 68
    2024-03-01 $269,250 (8.1%) $326,104 (2.0%) 0.00 80
    2024-04-01 $272,900 (16.1%) $327,981 (1.2%) 0.00 84
    2024-05-01 $271,200 (14.4%) $346,772 (12.7%) 0.00 90
    2024-06-01 $271,400 (13.8%) $353,389 (17.2%) 0.00 97
    2024-07-01 $256,150 (7.4%) $328,893 (5.3%) 0.00 90
    2024-08-01 $239,900 (-1.3%) $315,194 (4.2%) 0.00 97
    2024-09-01 $240,950 (0.8%) $344,630 (16.0%) 0.00 108
    2024-10-01 $257,450 (13.3%) $337,206 (18.3%) 0.00 117
    Bloomsburg's median listing price for 2024-10-01 was $257,450, a difference of $30,250 (13.3%) versus the prior year and $16,500 versus the prior month.

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

    Bloomsburg's average listing price for 2024-10-01 was $337,206, a difference of $52,180 (18.3%) versus the prior year and $-7,424 versus the prior month.

    For the 2024-10-01 period, Bloomsburg had 117 MLS listings, a difference of 9 listings (8%) versus the prior month and 27 listings (30%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bloomsburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,695 sqft
    2018-02-01 0 days 1,694 sqft
    2018-03-01 0 days 1,722 sqft
    2018-04-01 0 days 1,766 sqft
    2018-05-01 0 days 1,776 sqft
    2018-06-01 0 days 1,777 sqft
    2018-07-01 0 days 1,724 sqft
    2018-08-01 0 days 1,696 sqft
    2018-09-01 0 days 1,720 sqft
    2018-10-01 0 days 1,709 sqft
    2018-11-01 0 days 1,727 sqft
    2018-12-01 0 days 1,688 sqft
    2019-01-01 0 days 1,696 sqft
    2019-02-01 0 days 1,727 sqft
    2019-03-01 0 days 1,772 sqft
    2019-04-01 0 days 1,878 sqft
    2019-05-01 0 days 1,845 sqft
    2019-06-01 0 days 1,758 sqft
    2019-07-01 0 days 1,705 sqft
    2019-08-01 0 days 1,680 sqft
    2019-09-01 0 days 1,644 sqft
    2019-10-01 0 days 1,620 sqft
    2019-11-01 0 days 1,620 sqft
    2019-12-01 0 days 1,638 sqft
    2020-01-01 0 days 1,676 sqft
    2020-02-01 0 days 1,690 sqft
    2020-03-01 0 days 1,702 sqft
    2020-04-01 0 days 1,720 sqft
    2020-05-01 0 days 1,647 sqft
    2020-06-01 0 days 1,673 sqft
    2020-07-01 0 days 1,629 sqft
    2020-08-01 0 days 1,686 sqft
    2020-09-01 0 days 1,735 sqft
    2020-10-01 0 days 1,758 sqft
    2020-11-01 0 days 1,617 sqft
    2020-12-01 0 days 1,606 sqft
    2021-01-01 0 days 1,620 sqft
    2021-02-01 0 days 1,712 sqft
    2021-03-01 0 days 1,701 sqft
    2021-04-01 0 days 1,763 sqft
    2021-05-01 0 days 1,694 sqft
    2021-06-01 0 days 1,663 sqft
    2021-07-01 0 days 1,644 sqft
    2021-08-01 0 days 1,711 sqft
    2021-09-01 0 days 1,882 sqft
    2021-10-01 0 days 1,806 sqft
    2021-11-01 0 days 1,657 sqft
    2021-12-01 0 days 1,683 sqft
    2022-01-01 0 days 1,739 sqft
    2022-02-01 0 days 1,704 sqft
    2022-03-01 0 days 1,667 sqft
    2022-04-01 0 days 1,687 sqft
    2022-05-01 0 days 1,814 sqft
    2022-06-01 0 days 1,863 sqft
    2022-07-01 0 days 1,800 sqft
    2022-08-01 0 days 1,965 sqft
    2022-09-01 0 days 1,891 sqft
    2022-10-01 0 days 1,792 sqft
    2022-11-01 0 days 1,791 sqft
    2022-12-01 0 days 1,798 sqft
    2023-01-01 0 days 1,799 sqft
    2023-02-01 0 days 1,803 sqft
    2023-03-01 0 days 1,829 sqft
    2023-04-01 0 days 1,828 sqft
    2023-05-01 0 days 1,745 sqft
    2023-06-01 0 days 1,814 sqft
    2023-07-01 0 days 1,835 sqft
    2023-08-01 0 days 1,746 sqft
    2023-09-01 0 days 1,756 sqft
    2023-10-01 0 days 1,765 sqft
    2023-11-01 0 days 1,702 sqft
    2023-12-01 0 days 1,691 sqft
    2024-01-01 0 days 1,838 sqft
    2024-02-01 0 days 1,998 sqft
    2024-03-01 0 days 1,972 sqft
    2024-04-01 0 days 1,845 sqft
    2024-05-01 0 days 1,739 sqft
    2024-06-01 0 days 1,820 sqft
    2024-07-01 0 days 1,720 sqft
    2024-08-01 0 days 1,740 sqft
    2024-09-01 0 days 1,799 sqft
    2024-10-01 0 days 1,829 sqft
    Bloomsburg's median listing age (time on market) for 2024-10-01 was 0 days.

    Bloomsburg's median square footage for active listings during the 2024-10-01 period was 1,829 sqft. One year prior, the average listing was 1,765 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.