Clarksburg VA Loan Rates, Closing Costs & Stats

Clarksburg, WV

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.

Clarksburg's 20 lenders originated 83 VA loans during 2023. The total origination value was $21,135,000, with an average VA loan value of $254,639.

Clarksburg VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Clarksburg averaged 6.76% for the week of 2024-03-22, compared to the national average (all VA variants) of 6.539% for the same period.

Clarksburg's average VA mortgage closing costs are $4,956.

The average rate for the prior week (2024-03-15) was 6.67% and one month ago for the week of 2024-02-16, the average rate was 6.39%.

The average rate one year ago was 5.92%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.54%.

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

Clarksburg 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 Clarksburg level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 32 7.01% $5,682
QUICKEN LOANS, LLC 9 6.34% $6,925
WesBanco 5 5.80% $6,837
The Huntington National Bank 5 7.00% $6,372
LOANDEPOT.COM, LLC 4 5.96% $13,628
NAVY FEDERAL CREDIT UNION 4 6.19% $8,534
Sierra Pacific Mortgage Company, Inc. 3 7.21% $5,127
MOVEMENT MORTGAGE, LLC 2 7.25% $3,644
FREEDOM MORTGAGE CORPORATION 2 7.00% $8,035
PENNYMAC LOAN SERVICES, LLC 2 5.31% $4,043
USAA Federal Savings Bank 2 6.44% $6,284
Wells Fargo Bank 2 5.69% $13,186
First Federal Bank of the Midwest 1 5.63% $13,689
INTERCOASTAL MORTGAGE COMPANY 1 6.88% $10,301
GUARANTEED RATE AFFINITY, LLC 1 6.25% $22,876
First National Bank of Pennsylvania 1 6.63% $3,612
Truist 1 7.60% $9,337
LAKEVIEW LOAN SERVICING, LLC 1 6.25% $7,960
Barrington Bank & Trust Company, N.A. 1 7.75% $6,377
JPMorgan Chase Bank 1 7.49% $500

The top Clarksburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 32 VA loans originated. Their average total fees are $5,682, which is $1,243 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Clarksburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,682), .

The lowest rate Clarksburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (7.01%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Clarksburg (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 $140,500 (1.0%) $185,574 (2.4%) 0.00 310
2018-02-01 $153,800 (10.3%) $195,089 (8.1%) 0.00 286
2018-03-01 $166,000 (19.4%) $209,043 (16.3%) 0.00 250
2018-04-01 $165,000 (19.1%) $202,299 (10.9%) 0.00 249
2018-05-01 $164,925 (18.9%) $200,503 (9.9%) 0.00 243
2018-06-01 $174,900 (26.9%) $216,042 (18.5%) 0.00 244
2018-07-01 $179,700 (28.5%) $217,556 (18.5%) 0.00 253
2018-08-01 $178,500 (27.6%) $211,270 (18.1%) 0.00 266
2018-09-01 $179,900 (28.8%) $211,987 (18.3%) 0.00 273
2018-10-01 $180,200 (28.8%) $206,943 (13.8%) 0.00 291
2018-11-01 $181,700 (31.4%) $207,203 (14.5%) 0.00 277
2018-12-01 $179,900 (29.9%) $206,059 (13.7%) 0.00 266
2019-01-01 $186,700 (32.9%) $209,473 (12.9%) 0.00 248
2019-02-01 $192,225 (25.0%) $219,552 (12.5%) 0.00 232
2019-03-01 $176,786 (6.5%) $208,665 (-0.2%) 0.00 235
2019-04-01 $162,061 (-1.8%) $198,281 (-2.0%) 0.00 241
2019-05-01 $168,750 (2.3%) $201,562 (0.5%) 0.00 252
2019-06-01 $174,000 (-0.5%) $210,788 (-2.4%) 0.00 244
2019-07-01 $178,250 (-0.8%) $218,472 (0.4%) 0.00 260
2019-08-01 $171,182 (-4.1%) $213,898 (1.2%) 0.00 259
2019-09-01 $163,205 (-9.3%) $209,095 (-1.4%) 0.00 256
2019-10-01 $157,886 (-12.4%) $206,141 (-0.4%) 0.00 254
2019-11-01 $159,000 (-12.5%) $213,082 (2.8%) 0.00 239
2019-12-01 $133,950 (-25.5%) $203,683 (-1.2%) 0.00 212
2020-01-01 $129,900 (-30.4%) $193,431 (-7.7%) 0.00 197
2020-02-01 $135,000 (-29.8%) $196,791 (-10.4%) 0.00 192
2020-03-01 $155,875 (-11.8%) $198,396 (-4.9%) 0.00 191
2020-04-01 $154,950 (-4.4%) $197,924 (-0.2%) 0.00 191
2020-05-01 $157,450 (-6.7%) $201,891 (0.2%) 0.00 190
2020-06-01 $130,950 (-24.7%) $197,425 (-6.3%) 0.00 179
2020-07-01 $143,750 (-19.4%) $194,629 (-10.9%) 0.00 169
2020-08-01 $156,450 (-8.6%) $198,555 (-7.2%) 0.00 168
2020-09-01 $149,900 (-8.2%) $189,855 (-9.2%) 0.00 185
2020-10-01 $143,500 (-9.1%) $188,283 (-8.7%) 0.00 188
2020-11-01 $136,625 (-14.1%) $181,722 (-14.7%) 0.00 191
2020-12-01 $138,450 (3.4%) $175,956 (-13.6%) 0.00 169
2021-01-01 $129,900 (0.0%) $171,232 (-11.5%) 0.00 140
2021-02-01 $136,200 (0.9%) $175,130 (-11.0%) 0.00 124
2021-03-01 $133,225 (-14.5%) $177,243 (-10.7%) 0.00 116
2021-04-01 $129,975 (-16.1%) $175,866 (-11.1%) 0.00 106
2021-05-01 $145,450 (-7.6%) $179,821 (-10.9%) 0.00 94
2021-06-01 $152,425 (16.4%) $201,367 (2.0%) 0.00 120
2021-07-01 $155,000 (7.8%) $211,767 (8.8%) 0.00 140
2021-08-01 $164,950 (5.4%) $219,874 (10.7%) 0.00 142
2021-09-01 $167,000 (11.4%) $220,728 (16.3%) 0.00 142
2021-10-01 $162,450 (13.2%) $218,143 (15.9%) 0.00 158
2021-11-01 $166,000 (21.5%) $222,589 (22.5%) 0.00 149
2021-12-01 $166,225 (20.1%) $226,295 (28.6%) 0.00 133
2022-01-01 $175,000 (34.7%) $226,699 (32.4%) 0.00 106
2022-02-01 $175,000 (28.5%) $233,371 (33.3%) 0.00 99
2022-03-01 $171,900 (29.0%) $216,168 (22.0%) 0.00 91
2022-04-01 $184,000 (41.6%) $223,924 (27.3%) 0.00 101
2022-05-01 $186,750 (28.4%) $239,428 (33.2%) 0.00 117
2022-06-01 $193,200 (26.8%) $239,934 (19.2%) 0.00 130
2022-07-01 $182,500 (17.7%) $230,957 (9.1%) 0.00 127
2022-08-01 $186,200 (12.9%) $234,322 (6.6%) 0.00 121
2022-09-01 $199,750 (19.6%) $236,602 (7.2%) 0.00 129
2022-10-01 $196,500 (21.0%) $232,375 (6.5%) 0.00 135
2022-11-01 $203,250 (22.4%) $226,611 (1.8%) 0.00 139
2022-12-01 $207,000 (24.5%) $252,508 (11.6%) 0.00 119
2023-01-01 $192,250 (9.9%) $242,520 (7.0%) 0.00 107
2023-02-01 $197,250 (12.7%) $248,979 (6.7%) 0.00 105
2023-03-01 $189,750 (10.4%) $246,037 (13.8%) 0.00 107
2023-04-01 $158,750 (-13.7%) $226,917 (1.3%) 0.00 123
2023-05-01 $172,225 (-7.8%) $231,289 (-3.4%) 0.00 127
2023-06-01 $209,500 (8.4%) $239,377 (-0.2%) 0.00 129
2023-07-01 $204,250 (11.9%) $251,260 (8.8%) 0.00 111
2023-08-01 $207,500 (11.4%) $307,448 (31.2%) 0.00 122
2023-09-01 $198,800 (-0.5%) $283,196 (19.7%) 0.00 144
2023-10-01 $176,425 (-10.2%) $264,748 (13.9%) 0.00 148
2023-11-01 $184,850 (-9.1%) $265,949 (17.4%) 0.00 157
2023-12-01 $172,250 (-16.8%) $247,036 (-2.2%) 0.00 161
2024-01-01 $172,225 (-10.4%) $242,243 (-0.1%) 0.00 148
2024-02-01 $185,325 (-6.1%) $243,103 (-2.4%) 0.00 132
Clarksburg's median listing price for 2024-02-01 was $185,325, a difference of $-11,925 (-6.1%) versus the prior year and $13,100 versus the prior month.

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

Clarksburg's average listing price for 2024-02-01 was $243,103, a difference of $-5,876 (-2.4%) versus the prior year and $860 versus the prior month.

For the 2024-02-01 period, Clarksburg had 132 MLS listings, a difference of -16 listings (-11%) versus the prior month and 27 listings (26%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Clarksburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,728 sqft
2018-02-01 0 days 1,776 sqft
2018-03-01 0 days 1,800 sqft
2018-04-01 0 days 1,800 sqft
2018-05-01 0 days 1,800 sqft
2018-06-01 0 days 1,904 sqft
2018-07-01 0 days 1,896 sqft
2018-08-01 0 days 1,837 sqft
2018-09-01 0 days 1,865 sqft
2018-10-01 0 days 1,800 sqft
2018-11-01 0 days 1,800 sqft
2018-12-01 0 days 1,792 sqft
2019-01-01 0 days 1,798 sqft
2019-02-01 0 days 1,832 sqft
2019-03-01 0 days 1,778 sqft
2019-04-01 0 days 1,734 sqft
2019-05-01 0 days 1,799 sqft
2019-06-01 0 days 1,863 sqft
2019-07-01 0 days 1,910 sqft
2019-08-01 0 days 1,860 sqft
2019-09-01 0 days 1,784 sqft
2019-10-01 0 days 1,754 sqft
2019-11-01 0 days 1,781 sqft
2019-12-01 0 days 1,700 sqft
2020-01-01 0 days 1,619 sqft
2020-02-01 0 days 1,672 sqft
2020-03-01 0 days 1,680 sqft
2020-04-01 0 days 1,734 sqft
2020-05-01 0 days 1,728 sqft
2020-06-01 0 days 1,738 sqft
2020-07-01 0 days 1,680 sqft
2020-08-01 0 days 1,686 sqft
2020-09-01 0 days 1,628 sqft
2020-10-01 0 days 1,600 sqft
2020-11-01 0 days 1,559 sqft
2020-12-01 0 days 1,580 sqft
2021-01-01 0 days 1,533 sqft
2021-02-01 0 days 1,511 sqft
2021-03-01 0 days 1,474 sqft
2021-04-01 0 days 1,512 sqft
2021-05-01 0 days 1,412 sqft
2021-06-01 0 days 1,504 sqft
2021-07-01 0 days 1,579 sqft
2021-08-01 0 days 1,681 sqft
2021-09-01 0 days 1,685 sqft
2021-10-01 0 days 1,629 sqft
2021-11-01 0 days 1,629 sqft
2021-12-01 0 days 1,605 sqft
2022-01-01 0 days 1,630 sqft
2022-02-01 0 days 1,663 sqft
2022-03-01 0 days 1,756 sqft
2022-04-01 0 days 1,623 sqft
2022-05-01 0 days 1,648 sqft
2022-06-01 0 days 1,712 sqft
2022-07-01 0 days 1,697 sqft
2022-08-01 0 days 1,748 sqft
2022-09-01 0 days 1,678 sqft
2022-10-01 0 days 1,680 sqft
2022-11-01 0 days 1,673 sqft
2022-12-01 0 days 1,752 sqft
2023-01-01 0 days 1,749 sqft
2023-02-01 0 days 1,796 sqft
2023-03-01 0 days 1,774 sqft
2023-04-01 0 days 1,616 sqft
2023-05-01 0 days 1,748 sqft
2023-06-01 0 days 1,741 sqft
2023-07-01 0 days 1,686 sqft
2023-08-01 0 days 1,724 sqft
2023-09-01 0 days 1,716 sqft
2023-10-01 0 days 1,660 sqft
2023-11-01 0 days 1,646 sqft
2023-12-01 0 days 1,606 sqft
2024-01-01 0 days 1,608 sqft
2024-02-01 0 days 1,640 sqft
Clarksburg's median listing age (time on market) for 2024-02-01 was 0 days.

Clarksburg's median square footage for active listings during the 2024-02-01 period was 1,640 sqft. One year prior, the average listing was 1,796 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.