Chambersburg VA Loan Rates, Closing Costs & Stats

CHAMBERSBURG-WAYNESBORO, 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.

    Chambersburg's 64 lenders originated 298 VA loans during 2024. The total origination value was $96,920,000, with an average VA loan value of $325,235.

    Chambersburg VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Chambersburg averaged 6.91% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Chambersburg's average VA mortgage closing costs are $6,990.

    The average rate for the prior week (2025-05-16) was 6.99% and one month ago for the week of 2025-04-18, the average rate was 6.77%.

    The average rate one year ago was 7.08%.

    For refis of the same type during the week of 2025-05-23, the average rate was 7.09%.

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

    Chambersburg 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 Chambersburg level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 56 6.54% $6,618
    UNITED WHOLESALE MORTGAGE, LLC 24 5.92% $7,501
    FREEDOM MORTGAGE CORPORATION 17 6.59% $11,211
    QUICKEN LOANS, LLC 15 6.15% $12,182
    Integrity Home Mortgage Corp 14 6.63% $7,475
    CROSSCOUNTRY MORTGAGE, LLC 14 6.38% $10,745
    NAVY FEDERAL CREDIT UNION 8 5.75% $6,752
    PENNYMAC LOAN SERVICES, LLC 8 5.84% $8,531
    NVR Mortgage Finance, Inc. 8 5.97% $8,617
    UNION HOME MORTGAGE CORP. 7 6.23% $13,598
    VILLAGE CAPITAL MORTGAGE 7 5.71% $9,463
    Magnolia Bank 6 5.81% $18,092
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.00% $11,175
    GUILD MORTGAGE COMPANY 6 5.92% $12,327
    NEW DAY FINANCIAL, LLC 5 7.74% $11,367
    The Federal Savings Bank 4 6.47% $18,559
    USAA Federal Savings Bank 4 6.09% $8,555
    LOANDEPOT.COM, LLC 4 6.15% $17,236
    BROKER SOLUTIONS, INC. 4 6.66% $14,340
    MOVEMENT MORTGAGE, LLC 3 5.79% $4,112
    NEWREZ LLC 3 5.88% $8,065
    GUARANTEED RATE, INC. 3 5.83% $6,112
    PLANET HOME LENDING, LLC 3 6.13% $7,299
    CMG MORTGAGE, INC. 3 5.54% $6,458
    ENVOY MORTGAGE, LTD 3 6.96% $15,107
    Sandy Spring Bank 2 6.50% $10,935
    Homesale Mortgage, LLC 2 6.25% $15,219
    HomePromise Corporation 2 6.69% $10,622
    Prosperity Home Mortgage, LLC 2 6.31% $8,167
    GUARANTEED RATE AFFINITY, LLC 2 6.38% $6,755
    CLEARPATH LENDING 2 6.44% $12,386
    TJC Mortgage, Inc. 1 6.25% $17,177
    ALLIED MORTGAGE GROUP, INC. 1 6.75% $3,395
    WesBanco 1 6.25% $12,541
    AMERICAN FINANCING CORPORATION 1 5.75% $16,741
    Ameris Bank 1 7.13% $4,651
    Atlantic Coast Mortgage, LLC 1 6.13% $14,117
    Barrington Bank & Trust Company, N.A. 1 6.75% $7,765
    CARDINAL FINANCIAL 1 6.63% $6,015
    DIRECT MORTGAGE LOANS, LLC 1 7.13% $12,360
    EMBRACE HOME LOANS, INC. 1 5.38% $18,730
    EMM LOANS LLC 1 6.25% $12,346
    FIRST HERITAGE FINANCIAL, LLC 1 6.25% $14,523
    FIRST HOME MORTGAGE CORPORATION 1 7.25% $5,882
    GSF Mortgage Corporation 1 5.63% $8,167
    HOMESPIRE MORTGAGE CORPORATION 1 6.13% $650
    Ixonia Bank 1 6.25% $24,622
    MEMBERS 1ST FEDERAL CREDIT UNION 1 7.13% $35,769
    Mid-Continent Funding, Inc. 1 5.75% $4,945
    MORTGAGEONE, INC. 1 6.25% $2,714
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $3,764
    PATRIOT 1 6.00% $9,076
    PENTAGON FEDERAL CREDIT UNION 1 6.63% $10,940
    PHH Mortgage Corporation 1 4.99% $8,523
    Presidential Bank, FSB 1 5.63% $8,665
    RADIUS FINANCIAL GROUP INC. 1 6.75% $22,311
    RELIANCE FIRST CAPITAL, LLC 1 6.13% $12,547
    Shore United Bank 1 6.25% $12,769
    Sierra Pacific Mortgage Company, Inc. 1 7.25% $6,940
    STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 5.63% $5,831
    SUN WEST MORTGAGE COMPANY, INC. 1 5.75% $22,099
    T2 FINANCIAL LLC 1 6.63% $7,956
    THE MORTGAGE FIRM, INC. 1 5.75% $6,502
    TIDEWATER MORTGAGE SERVICES, INC. 1 6.75% $9,025

    The top Chambersburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 56 VA loans originated. Their average total fees are $6,618, which is $883 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Chambersburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,618), Integrity Home Mortgage Corp ($7,475), UNITED WHOLESALE MORTGAGE, LLC ($7,501), CROSSCOUNTRY MORTGAGE, LLC ($10,745) and FREEDOM MORTGAGE CORPORATION ($11,211).

    The lowest rate Chambersburg VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.92%), QUICKEN LOANS, LLC (6.15%), CROSSCOUNTRY MORTGAGE, LLC (6.38%), Mortgage Research Center, LLC (6.54%) and FREEDOM MORTGAGE CORPORATION (6.59%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Chambersburg (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 $202,490 (4.0%) $225,797 (4.2%) 0.75 602
    2018-02-01 $199,945 (0.0%) $224,972 (0.9%) 0.73 580
    2018-03-01 $204,900 (2.5%) $230,153 (1.5%) 0.72 604
    2018-04-01 $199,900 (0.0%) $229,332 (0.9%) 0.68 663
    2018-05-01 $204,700 (0.7%) $236,755 (1.8%) 0.68 678
    2018-06-01 $206,990 (0.9%) $239,430 (1.9%) 0.69 690
    2018-07-01 $202,450 (-1.9%) $241,770 (3.2%) 0.68 678
    2018-08-01 $208,723 (-0.1%) $244,751 (2.9%) 0.70 684
    2018-09-01 $213,445 (3.9%) $245,385 (4.5%) 0.72 655
    2018-10-01 $209,923 (1.1%) $240,188 (1.3%) 0.71 653
    2018-11-01 $204,950 (2.5%) $238,730 (4.0%) 0.69 628
    2018-12-01 $202,990 (-0.9%) $243,382 (6.4%) 0.70 587
    2019-01-01 $200,748 (-0.9%) $240,506 (6.5%) 0.69 565
    2019-02-01 $214,900 (7.5%) $240,921 (7.1%) 0.73 552
    2019-03-01 $214,243 (4.6%) $239,964 (4.3%) 0.70 550
    2019-04-01 $219,950 (10.0%) $240,321 (4.8%) 0.70 533
    2019-05-01 $224,900 (9.9%) $242,427 (2.4%) 0.70 546
    2019-06-01 $219,900 (6.2%) $240,919 (0.6%) 0.69 551
    2019-07-01 $219,900 (8.6%) $240,232 (-0.6%) 0.69 533
    2019-08-01 $219,452 (5.1%) $239,133 (-2.3%) 0.69 523
    2019-09-01 $218,630 (2.4%) $238,055 (-3.0%) 0.70 512
    2019-10-01 $218,081 (3.9%) $237,337 (-1.2%) 0.70 509
    2019-11-01 $217,000 (5.9%) $237,647 (-0.5%) 0.71 491
    2019-12-01 $219,400 (8.1%) $241,698 (-0.7%) 0.73 440
    2020-01-01 $222,675 (10.9%) $244,711 (1.8%) 0.74 405
    2020-02-01 $225,000 (4.7%) $249,284 (3.5%) 0.74 396
    2020-03-01 $226,400 (5.7%) $253,221 (5.5%) 0.71 381
    2020-04-01 $229,950 (4.6%) $263,905 (9.8%) 0.72 344
    2020-05-01 $229,900 (2.2%) $263,602 (8.7%) 0.70 356
    2020-06-01 $230,445 (4.8%) $264,959 (10.0%) 0.68 329
    2020-07-01 $239,225 (8.8%) $276,628 (15.2%) 0.69 284
    2020-08-01 $239,900 (9.3%) $283,238 (18.4%) 0.69 234
    2020-09-01 $234,975 (7.5%) $283,788 (19.2%) 0.67 205
    2020-10-01 $224,900 (3.1%) $281,537 (18.6%) 0.64 213
    2020-11-01 $229,900 (5.9%) $274,128 (15.4%) 0.67 199
    2020-12-01 $228,200 (4.0%) $280,435 (16.0%) 0.68 158
    2021-01-01 $245,000 (10.0%) $286,641 (17.1%) 0.73 138
    2021-02-01 $244,900 (8.8%) $284,241 (14.0%) 0.71 131
    2021-03-01 $243,725 (7.7%) $288,703 (14.0%) 0.69 125
    2021-04-01 $241,850 (5.2%) $285,987 (8.4%) 0.65 148
    2021-05-01 $249,550 (8.6%) $296,171 (12.4%) 0.66 146
    2021-06-01 $243,550 (5.7%) $293,014 (10.6%) 0.64 183
    2021-07-01 $247,000 (3.3%) $294,414 (6.4%) 0.65 226
    2021-08-01 $232,450 (-3.1%) $290,887 (2.7%) 0.62 222
    2021-09-01 $234,950 (0.0%) $281,414 (-0.8%) 0.63 230
    2021-10-01 $239,950 (6.7%) $283,784 (0.8%) 0.64 216
    2021-11-01 $241,250 (4.9%) $284,316 (3.7%) 0.64 193
    2021-12-01 $258,745 (13.4%) $290,171 (3.5%) 0.70 178
    2022-01-01 $270,895 (10.6%) $300,962 (5.0%) 0.73 168
    2022-02-01 $269,900 (10.2%) $302,054 (6.3%) 0.70 155
    2022-03-01 $287,375 (17.9%) $313,578 (8.6%) 0.72 143
    2022-04-01 $314,999 (30.3%) $339,107 (18.6%) 0.75 154
    2022-05-01 $317,350 (27.2%) $337,946 (14.1%) 0.73 175
    2022-06-01 $325,000 (33.4%) $344,538 (17.6%) 0.72 187
    2022-07-01 $329,950 (33.6%) $344,415 (17.0%) 0.74 199
    2022-08-01 $303,125 (30.4%) $335,588 (15.4%) 0.70 224
    2022-09-01 $299,450 (27.5%) $332,600 (18.2%) 0.70 233
    2022-10-01 $289,900 (20.8%) $352,303 (24.1%) 0.68 239
    2022-11-01 $293,695 (21.7%) $353,058 (24.2%) 0.71 258
    2022-12-01 $289,900 (12.0%) $352,258 (21.4%) 0.72 228
    2023-01-01 $298,250 (10.1%) $376,553 (25.1%) 0.74 197
    2023-02-01 $310,245 (15.0%) $392,537 (30.0%) 0.75 169
    2023-03-01 $311,495 (8.4%) $400,828 (27.8%) 0.73 153
    2023-04-01 $324,900 (3.1%) $408,313 (20.4%) 0.76 174
    2023-05-01 $302,675 (-4.6%) $395,969 (17.2%) 0.69 176
    2023-06-01 $312,923 (-3.7%) $395,667 (14.8%) 0.70 187
    2023-07-01 $310,990 (-5.8%) $392,409 (13.9%) 0.71 196
    2023-08-01 $325,750 (7.5%) $395,769 (17.9%) 0.75 193
    2023-09-01 $325,000 (8.5%) $394,280 (18.6%) 0.76 207
    2023-10-01 $335,108 (15.6%) $373,087 (5.9%) 0.79 219
    2023-11-01 $317,675 (8.2%) $351,675 (-0.4%) 0.76 229
    2023-12-01 $300,000 (3.5%) $348,178 (-1.2%) 0.73 200
    2024-01-01 $312,500 (4.8%) $352,978 (-6.3%) 0.76 193
    2024-02-01 $318,950 (2.8%) $358,262 (-8.7%) 0.77 180
    2024-03-01 $315,000 (1.1%) $353,718 (-11.8%) 0.74 179
    2024-04-01 $314,968 (-3.1%) $358,373 (-12.2%) 0.73 180
    2024-05-01 $322,498 (6.6%) $366,071 (-7.6%) 0.73 193
    2024-06-01 $325,000 (3.9%) $370,310 (-6.4%) 0.74 220
    2024-07-01 $329,300 (5.9%) $410,239 (4.5%) 0.75 234
    2024-08-01 $339,990 (4.4%) $410,760 (3.8%) 0.79 251
    2024-09-01 $342,588 (5.4%) $395,636 (0.3%) 0.81 280
    2024-10-01 $349,675 (4.4%) $392,555 (5.2%) 0.82 283
    2024-11-01 $342,450 (7.8%) $395,916 (12.6%) 0.82 324
    2024-12-01 $346,913 (15.6%) $394,476 (13.3%) 0.86 313
    2025-01-01 $353,245 (13.0%) $394,757 (11.8%) 0.88 277
    2025-02-01 $348,473 (9.3%) $391,413 (9.3%) 0.85 261
    2025-03-01 $349,900 (11.1%) $386,321 (9.2%) 0.82 264
    2025-04-01 $360,720 (14.5%) $397,872 (11.0%) 0.84 285
    Chambersburg's median listing price for 2025-04-01 was $360,720, a difference of $45,752 (14.5%) versus the prior year and $10,820 versus the prior month.

    Chambersburg's median listing price comes in at 84% of the national average.

    Chambersburg's average listing price for 2025-04-01 was $397,872, a difference of $39,499 (11.0%) versus the prior year and $11,551 versus the prior month.

    For the 2025-04-01 period, Chambersburg had 285 MLS listings, a difference of 21 listings (8%) versus the prior month and 105 listings (58%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Chambersburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 90 days 1,902 sqft
    2018-02-01 97 days 1,869 sqft
    2018-03-01 67 days 1,850 sqft
    2018-04-01 52 days 1,800 sqft
    2018-05-01 59 days 1,858 sqft
    2018-06-01 64 days 1,958 sqft
    2018-07-01 71 days 1,989 sqft
    2018-08-01 72 days 2,004 sqft
    2018-09-01 73 days 2,064 sqft
    2018-10-01 68 days 2,002 sqft
    2018-11-01 71 days 1,963 sqft
    2018-12-01 81 days 1,928 sqft
    2019-01-01 89 days 1,917 sqft
    2019-02-01 91 days 1,916 sqft
    2019-03-01 74 days 1,920 sqft
    2019-04-01 55 days 1,929 sqft
    2019-05-01 56 days 2,000 sqft
    2019-06-01 59 days 2,000 sqft
    2019-07-01 65 days 1,983 sqft
    2019-08-01 66 days 1,985 sqft
    2019-09-01 66 days 1,985 sqft
    2019-10-01 65 days 1,986 sqft
    2019-11-01 68 days 2,000 sqft
    2019-12-01 78 days 2,032 sqft
    2020-01-01 83 days 2,040 sqft
    2020-02-01 76 days 2,070 sqft
    2020-03-01 56 days 2,026 sqft
    2020-04-01 69 days 2,067 sqft
    2020-05-01 80 days 2,046 sqft
    2020-06-01 64 days 1,979 sqft
    2020-07-01 41 days 1,985 sqft
    2020-08-01 38 days 2,000 sqft
    2020-09-01 36 days 1,972 sqft
    2020-10-01 48 days 1,950 sqft
    2020-11-01 50 days 1,927 sqft
    2020-12-01 56 days 1,865 sqft
    2021-01-01 59 days 1,903 sqft
    2021-02-01 51 days 1,911 sqft
    2021-03-01 44 days 1,969 sqft
    2021-04-01 30 days 1,920 sqft
    2021-05-01 33 days 1,949 sqft
    2021-06-01 38 days 1,841 sqft
    2021-07-01 38 days 1,871 sqft
    2021-08-01 41 days 1,840 sqft
    2021-09-01 41 days 1,759 sqft
    2021-10-01 44 days 1,750 sqft
    2021-11-01 45 days 1,743 sqft
    2021-12-01 52 days 1,759 sqft
    2022-01-01 65 days 1,768 sqft
    2022-02-01 65 days 1,728 sqft
    2022-03-01 51 days 1,776 sqft
    2022-04-01 37 days 1,840 sqft
    2022-05-01 39 days 1,949 sqft
    2022-06-01 42 days 1,912 sqft
    2022-07-01 45 days 1,961 sqft
    2022-08-01 44 days 1,930 sqft
    2022-09-01 48 days 1,969 sqft
    2022-10-01 46 days 1,915 sqft
    2022-11-01 47 days 1,864 sqft
    2022-12-01 54 days 1,824 sqft
    2023-01-01 73 days 1,895 sqft
    2023-02-01 70 days 1,887 sqft
    2023-03-01 44 days 1,903 sqft
    2023-04-01 31 days 1,950 sqft
    2023-05-01 33 days 1,918 sqft
    2023-06-01 40 days 1,925 sqft
    2023-07-01 35 days 1,971 sqft
    2023-08-01 33 days 1,951 sqft
    2023-09-01 37 days 1,942 sqft
    2023-10-01 43 days 1,919 sqft
    2023-11-01 48 days 1,902 sqft
    2023-12-01 56 days 1,900 sqft
    2024-01-01 54 days 1,902 sqft
    2024-02-01 42 days 1,900 sqft
    2024-03-01 33 days 1,900 sqft
    2024-04-01 35 days 1,872 sqft
    2024-05-01 31 days 1,925 sqft
    2024-06-01 37 days 1,953 sqft
    2024-07-01 39 days 1,973 sqft
    2024-08-01 40 days 1,953 sqft
    2024-09-01 39 days 1,974 sqft
    2024-10-01 45 days 2,014 sqft
    2024-11-01 42 days 2,044 sqft
    2024-12-01 48 days 1,994 sqft
    2025-01-01 59 days 2,029 sqft
    2025-02-01 48 days 2,000 sqft
    2025-03-01 31 days 2,005 sqft
    2025-04-01 38 days 2,023 sqft
    Chambersburg's median listing age (time on market) for 2025-04-01 was 38 days. This is 10% longer than the same period one year ago.

    Chambersburg's median square footage for active listings during the 2025-04-01 period was 2,023 sqft. One year prior, the average listing was 1,872 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.