Bradford VA Loan Rates, Closing Costs & Stats

Bradford, PA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Bradford's 16 lenders originated 27 VA loans during 2023. The total origination value was $4,045,000, with an average VA loan value of $149,815.

    Bradford VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Bradford averaged 7.01% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Bradford's average VA mortgage closing costs are $4,461.

    The average rate for the prior week (2024-04-12) was 6.94% and one month ago for the week of 2024-03-15, the average rate was 6.6%.

    The average rate one year ago was 6.59%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.76%.

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

    Bradford 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 Bradford level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 6 7.04% $3,735
    NEW DAY FINANCIAL, LLC 2 6.74% $9,394
    QUICKEN LOANS, LLC 2 7.50% $4,602
    GUARANTEED RATE, INC. 2 7.38% $5,940
    NEWREZ LLC 1 7.75% $4,709
    Northwest Bank 1 6.38% $5,578
    PENTAGON FEDERAL CREDIT UNION 1 5.63% $2,617
    Plains Commerce Bank 1 6.13% $2,596
    PNC Bank 1 7.00% $6,138
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $693
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.50% $1,876
    CALIBER HOME LOANS, INC. 1 5.75% $6,850
    USAA Federal Savings Bank 1 6.50% $4,284
    CROSSCOUNTRY MORTGAGE, LLC 1 5.99% $8,344
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.13% $3,401
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.75% $3,658

    The top Bradford VA lender as defined by loan originations is Mortgage Research Center, LLC, with 6 VA loans originated. Their average total fees are $3,735, which is $5,659 lower than the next largest lender, NEW DAY FINANCIAL, LLC.

    The lowest fee Bradford VA lenders (with over 10 loans originated) are .

    The lowest rate Bradford VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bradford (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 $79,900 (-11.0%) $112,702 (-13.5%) 0.00 175
    2018-02-01 $79,900 (-11.1%) $119,694 (0.4%) 0.00 177
    2018-03-01 $79,900 (-11.1%) $118,156 (-3.6%) 0.00 174
    2018-04-01 $82,225 (-13.4%) $119,630 (-5.6%) 0.00 186
    2018-05-01 $80,417 (-10.6%) $122,472 (-2.2%) 0.00 200
    2018-06-01 $88,250 (-1.6%) $130,545 (6.0%) 0.00 185
    2018-07-01 $95,325 (10.6%) $133,442 (10.9%) 0.00 193
    2018-08-01 $94,450 (11.2%) $133,663 (10.4%) 0.00 196
    2018-09-01 $88,750 (4.5%) $132,401 (6.7%) 0.00 201
    2018-10-01 $84,900 (0.0%) $129,332 (4.3%) 0.00 215
    2018-11-01 $84,100 (-0.4%) $126,947 (5.9%) 0.00 198
    2018-12-01 $80,000 (0.0%) $123,104 (5.1%) 0.00 192
    2019-01-01 $79,900 (0.0%) $120,403 (6.8%) 0.00 182
    2019-02-01 $79,825 (-0.1%) $118,598 (-0.9%) 0.00 175
    2019-03-01 $79,843 (-0.1%) $115,500 (-2.3%) 0.00 179
    2019-04-01 $79,900 (-2.8%) $111,237 (-7.0%) 0.00 179
    2019-05-01 $84,900 (5.6%) $113,346 (-7.5%) 0.00 194
    2019-06-01 $79,900 (-9.5%) $109,843 (-15.9%) 0.00 189
    2019-07-01 $82,850 (-13.1%) $113,650 (-14.8%) 0.00 194
    2019-08-01 $84,118 (-10.9%) $113,204 (-15.3%) 0.00 198
    2019-09-01 $81,745 (-7.9%) $112,523 (-15.0%) 0.00 201
    2019-10-01 $79,425 (-6.5%) $111,803 (-13.6%) 0.00 199
    2019-11-01 $77,900 (-7.4%) $107,780 (-15.1%) 0.00 194
    2019-12-01 $82,250 (2.8%) $106,977 (-13.1%) 0.00 180
    2020-01-01 $81,250 (1.7%) $104,920 (-12.9%) 0.00 171
    2020-02-01 $79,750 (-0.1%) $104,810 (-11.6%) 0.00 173
    2020-03-01 $85,925 (7.6%) $107,045 (-7.3%) 0.00 177
    2020-04-01 $84,900 (6.3%) $105,783 (-4.9%) 0.00 167
    2020-05-01 $82,450 (-2.9%) $105,032 (-7.3%) 0.00 163
    2020-06-01 $83,700 (4.8%) $106,262 (-3.3%) 0.00 157
    2020-07-01 $85,175 (2.8%) $109,735 (-3.5%) 0.00 149
    2020-08-01 $84,900 (0.9%) $115,404 (1.9%) 0.00 123
    2020-09-01 $84,225 (3.0%) $116,503 (3.5%) 0.00 113
    2020-10-01 $80,000 (0.7%) $120,357 (7.7%) 0.00 105
    2020-11-01 $81,200 (4.2%) $118,535 (10.0%) 0.00 95
    2020-12-01 $75,925 (-7.7%) $116,390 (8.8%) 0.00 82
    2021-01-01 $79,450 (-2.2%) $118,448 (12.9%) 0.00 71
    2021-02-01 $72,650 (-8.9%) $112,705 (7.5%) 0.00 59
    2021-03-01 $73,400 (-14.6%) $115,767 (8.2%) 0.00 48
    2021-04-01 $79,050 (-6.9%) $120,190 (13.6%) 0.00 46
    2021-05-01 $99,750 (21.0%) $136,801 (30.3%) 0.00 49
    2021-06-01 $97,300 (16.3%) $140,846 (32.6%) 0.00 61
    2021-07-01 $111,325 (30.7%) $152,092 (38.6%) 0.00 62
    2021-08-01 $122,463 (44.2%) $173,112 (50.0%) 0.00 63
    2021-09-01 $125,688 (49.2%) $175,463 (50.6%) 0.00 63
    2021-10-01 $122,950 (53.7%) $163,660 (36.0%) 0.00 70
    2021-11-01 $130,700 (61.0%) $175,964 (48.5%) 0.00 59
    2021-12-01 $126,950 (67.2%) $169,089 (45.3%) 0.00 61
    2022-01-01 $129,000 (62.4%) $177,114 (49.5%) 0.00 51
    2022-02-01 $139,450 (92.0%) $188,837 (67.6%) 0.00 46
    2022-03-01 $139,475 (90.0%) $176,995 (52.9%) 0.00 47
    2022-04-01 $127,400 (61.2%) $175,535 (46.1%) 0.00 47
    2022-05-01 $133,725 (34.1%) $172,846 (26.4%) 0.00 50
    2022-06-01 $131,175 (34.8%) $183,125 (30.0%) 0.00 54
    2022-07-01 $129,900 (16.7%) $193,838 (27.5%) 0.00 69
    2022-08-01 $135,650 (10.8%) $190,332 (10.0%) 0.00 73
    2022-09-01 $131,175 (4.4%) $181,452 (3.4%) 0.00 69
    2022-10-01 $132,450 (7.7%) $170,455 (4.2%) 0.00 77
    2022-11-01 $133,725 (2.3%) $165,913 (-5.7%) 0.00 71
    2022-12-01 $129,900 (2.3%) $158,892 (-6.0%) 0.00 64
    2023-01-01 $131,150 (1.7%) $151,105 (-14.7%) 0.00 62
    2023-02-01 $124,675 (-10.6%) $149,541 (-20.8%) 0.00 59
    2023-03-01 $130,000 (-6.8%) $154,148 (-12.9%) 0.00 58
    2023-04-01 $154,500 (21.3%) $185,641 (5.8%) 0.00 54
    2023-05-01 $164,750 (23.2%) $178,284 (3.2%) 0.00 63
    2023-06-01 $161,250 (22.9%) $173,817 (-5.1%) 0.00 65
    2023-07-01 $149,450 (15.1%) $190,927 (-1.5%) 0.00 56
    2023-08-01 $144,950 (6.9%) $192,441 (1.1%) 0.00 59
    2023-09-01 $142,400 (8.6%) $183,228 (1.0%) 0.00 58
    2023-10-01 $147,250 (11.2%) $187,889 (10.2%) 0.00 65
    2023-11-01 $154,250 (15.4%) $189,525 (14.2%) 0.00 65
    2023-12-01 $159,000 (22.4%) $187,586 (18.1%) 0.00 68
    2024-01-01 $175,000 (33.4%) $202,333 (33.9%) 0.00 58
    2024-02-01 $181,000 (45.2%) $196,443 (31.4%) 0.00 50
    2024-03-01 $169,000 (30.0%) $187,270 (21.5%) 0.00 48
    Bradford's median listing price for 2024-03-01 was $169,000, a difference of $39,000 (30.0%) versus the prior year and $-12,000 versus the prior month.

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

    Bradford's average listing price for 2024-03-01 was $187,270, a difference of $33,122 (21.5%) versus the prior year and $-9,173 versus the prior month.

    For the 2024-03-01 period, Bradford had 48 MLS listings, a difference of -2 listings (-4%) versus the prior month and -10 listings (-17%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bradford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,600 sqft
    2018-02-01 0 days 1,600 sqft
    2018-03-01 0 days 1,600 sqft
    2018-04-01 0 days 1,619 sqft
    2018-05-01 0 days 1,636 sqft
    2018-06-01 0 days 1,654 sqft
    2018-07-01 0 days 1,652 sqft
    2018-08-01 0 days 1,613 sqft
    2018-09-01 0 days 1,572 sqft
    2018-10-01 0 days 1,552 sqft
    2018-11-01 0 days 1,524 sqft
    2018-12-01 0 days 1,508 sqft
    2019-01-01 0 days 1,504 sqft
    2019-02-01 0 days 1,504 sqft
    2019-03-01 0 days 1,507 sqft
    2019-04-01 0 days 1,507 sqft
    2019-05-01 0 days 1,526 sqft
    2019-06-01 0 days 1,535 sqft
    2019-07-01 0 days 1,600 sqft
    2019-08-01 0 days 1,615 sqft
    2019-09-01 0 days 1,606 sqft
    2019-10-01 0 days 1,601 sqft
    2019-11-01 0 days 1,568 sqft
    2019-12-01 0 days 1,567 sqft
    2020-01-01 0 days 1,544 sqft
    2020-02-01 0 days 1,524 sqft
    2020-03-01 0 days 1,555 sqft
    2020-04-01 0 days 1,562 sqft
    2020-05-01 0 days 1,564 sqft
    2020-06-01 0 days 1,552 sqft
    2020-07-01 0 days 1,558 sqft
    2020-08-01 0 days 1,564 sqft
    2020-09-01 0 days 1,547 sqft
    2020-10-01 0 days 1,556 sqft
    2020-11-01 0 days 1,520 sqft
    2020-12-01 0 days 1,548 sqft
    2021-01-01 0 days 1,544 sqft
    2021-02-01 0 days 1,538 sqft
    2021-03-01 0 days 1,540 sqft
    2021-04-01 0 days 1,672 sqft
    2021-05-01 0 days 1,756 sqft
    2021-06-01 0 days 1,557 sqft
    2021-07-01 0 days 1,716 sqft
    2021-08-01 0 days 1,737 sqft
    2021-09-01 0 days 1,792 sqft
    2021-10-01 0 days 1,776 sqft
    2021-11-01 0 days 1,817 sqft
    2021-12-01 0 days 1,697 sqft
    2022-01-01 0 days 1,698 sqft
    2022-02-01 0 days 1,792 sqft
    2022-03-01 0 days 1,790 sqft
    2022-04-01 0 days 1,798 sqft
    2022-05-01 0 days 1,726 sqft
    2022-06-01 0 days 1,654 sqft
    2022-07-01 0 days 1,695 sqft
    2022-08-01 0 days 1,695 sqft
    2022-09-01 0 days 1,565 sqft
    2022-10-01 0 days 1,561 sqft
    2022-11-01 0 days 1,553 sqft
    2022-12-01 0 days 1,567 sqft
    2023-01-01 0 days 1,565 sqft
    2023-02-01 0 days 1,570 sqft
    2023-03-01 0 days 1,640 sqft
    2023-04-01 0 days 1,794 sqft
    2023-05-01 0 days 1,778 sqft
    2023-06-01 0 days 1,794 sqft
    2023-07-01 0 days 1,800 sqft
    2023-08-01 0 days 1,728 sqft
    2023-09-01 0 days 1,581 sqft
    2023-10-01 0 days 1,648 sqft
    2023-11-01 0 days 1,688 sqft
    2023-12-01 0 days 1,832 sqft
    2024-01-01 0 days 1,965 sqft
    2024-02-01 0 days 1,936 sqft
    2024-03-01 0 days 1,898 sqft
    Bradford's median listing age (time on market) for 2024-03-01 was 0 days.

    Bradford's median square footage for active listings during the 2024-03-01 period was 1,898 sqft. One year prior, the average listing was 1,640 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.