Concord VA Loan Rates, Closing Costs & Stats

Concord, 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.

    Concord's 36 lenders originated 146 VA loans during 2023. The total origination value was $58,080,000, with an average VA loan value of $397,808.

    Concord VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Concord averaged 6.36% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Concord's average VA mortgage closing costs are $6,379.

    The average rate for the prior week (2024-12-06) was 6.3% and one month ago for the week of 2024-11-08, the average rate was 6.49%.

    The average rate one year ago was 6.64%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.77%.

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

    Concord 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 Concord level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 26 6.51% $10,399
    CMG MORTGAGE, INC. 12 6.54% $11,303
    NAVY FEDERAL CREDIT UNION 9 5.81% $8,288
    GUILD MORTGAGE COMPANY 9 6.47% $8,392
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.61% $7,089
    QUICKEN LOANS, LLC 7 6.56% $16,457
    UNITED WHOLESALE MORTGAGE, LLC 6 6.23% $14,447
    CROSSCOUNTRY MORTGAGE, LLC 6 6.46% $11,165
    FREEDOM MORTGAGE CORPORATION 5 6.40% $13,573
    MOVEMENT MORTGAGE, LLC 5 7.15% $5,819
    PENNYMAC LOAN SERVICES, LLC 4 5.78% $8,328
    USAA Federal Savings Bank 4 6.06% $9,340
    Wells Fargo Bank 3 6.13% $7,517
    NEW DAY FINANCIAL, LLC 3 7.17% $10,437
    EMM LOANS LLC 2 6.31% $14,418
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.50% $9,366
    LOANDEPOT.COM, LLC 2 5.94% $7,671
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.63% $3,628
    VILLAGE CAPITAL MORTGAGE 2 5.75% $7,718
    Mr. Cooper ( Nationstar Mortgage ) 2 6.88% $16,645
    Paramount Residential Mortgage Group, Inc. 1 6.75% $8,517
    EMBRACE HOME LOANS, INC. 1 5.75% $14,269
    PENTAGON FEDERAL CREDIT UNION 1 5.38% $4,696
    Plains Commerce Bank 1 6.63% $8,462
    BROKER SOLUTIONS, INC. 1 5.25% $12,341
    SUMMIT FUNDING, INC. 1 6.25% $14,868
    The Federal Savings Bank 1 6.75% $18,436
    BAY EQUITY LLC 1 6.63% $13,580
    Barrington Bank & Trust Company, N.A. 1 7.25% $19,822
    Flagstar Bank, FSB 1 6.75% $39,142
    GENEVA FINANCIAL, LLC 1 6.75% $8,867
    HARBORONE MORTGAGE, LLC 1 7.25% $11,176
    LAKEVIEW LOAN SERVICING, LLC 1 7.25% $6,474
    EVERETT FINANCIAL, INC. 1 7.13% $15,770
    ENVOY MORTGAGE, LTD 1 7.63% $12,359
    NEWREZ LLC 1 6.75% $5,954

    The top Concord VA lender as defined by loan originations is Mortgage Research Center, LLC, with 26 VA loans originated. Their average total fees are $10,399, which is $904 lower than the next largest lender, CMG MORTGAGE, INC..

    The lowest fee Concord VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($10,399), CMG MORTGAGE, INC. ($11,303), .

    The lowest rate Concord VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.51%), CMG MORTGAGE, INC. (6.54%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Concord (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 $307,500 (14.2%) $377,428 (17.6%) 1.14 408
    2018-02-01 $322,450 (17.0%) $384,808 (16.9%) 1.17 359
    2018-03-01 $330,000 (17.9%) $375,434 (10.9%) 1.16 353
    2018-04-01 $330,675 (18.1%) $376,936 (7.8%) 1.12 420
    2018-05-01 $322,450 (8.5%) $375,877 (3.8%) 1.08 503
    2018-06-01 $319,900 (6.7%) $380,873 (3.3%) 1.07 584
    2018-07-01 $314,925 (5.0%) $381,570 (3.7%) 1.05 607
    2018-08-01 $309,950 (3.4%) $385,340 (5.4%) 1.04 637
    2018-09-01 $305,000 (5.2%) $386,292 (7.0%) 1.03 670
    2018-10-01 $309,950 (5.4%) $389,177 (7.2%) 1.05 643
    2018-11-01 $299,950 (3.8%) $387,193 (8.7%) 1.02 563
    2018-12-01 $299,900 (1.7%) $383,715 (5.7%) 1.03 465
    2019-01-01 $299,950 (-2.5%) $391,398 (3.7%) 1.04 392
    2019-02-01 $308,325 (-4.4%) $398,523 (3.6%) 1.04 366
    2019-03-01 $323,814 (-1.9%) $398,186 (6.1%) 1.06 380
    2019-04-01 $337,889 (2.2%) $401,558 (6.5%) 1.07 399
    2019-05-01 $323,400 (0.3%) $385,081 (2.5%) 1.01 464
    2019-06-01 $324,900 (1.6%) $412,820 (8.4%) 1.02 494
    2019-07-01 $319,450 (1.4%) $412,784 (8.2%) 1.00 498
    2019-08-01 $325,691 (5.1%) $412,574 (7.1%) 1.03 490
    2019-09-01 $319,677 (4.8%) $403,535 (4.5%) 1.02 486
    2019-10-01 $315,668 (1.8%) $398,706 (2.5%) 1.02 464
    2019-11-01 $308,000 (2.7%) $391,806 (1.2%) 1.01 399
    2019-12-01 $299,800 (0.0%) $384,329 (0.2%) 1.00 327
    2020-01-01 $300,000 (0.0%) $391,670 (0.1%) 1.00 261
    2020-02-01 $329,000 (6.7%) $413,076 (3.7%) 1.08 250
    2020-03-01 $349,000 (7.8%) $416,792 (4.7%) 1.09 267
    2020-04-01 $357,400 (5.8%) $417,121 (3.9%) 1.12 275
    2020-05-01 $362,400 (12.1%) $427,036 (10.9%) 1.10 261
    2020-06-01 $377,450 (16.2%) $464,939 (12.6%) 1.11 270
    2020-07-01 $374,450 (17.2%) $470,342 (13.9%) 1.09 232
    2020-08-01 $374,950 (15.1%) $451,750 (9.5%) 1.07 235
    2020-09-01 $367,175 (14.9%) $435,077 (7.8%) 1.05 241
    2020-10-01 $337,080 (6.8%) $421,244 (5.7%) 0.97 226
    2020-11-01 $348,475 (13.1%) $444,814 (13.5%) 1.02 180
    2020-12-01 $336,725 (12.3%) $445,425 (15.9%) 1.00 146
    2021-01-01 $339,900 (13.3%) $436,575 (11.5%) 1.01 104
    2021-02-01 $356,000 (8.2%) $475,290 (15.1%) 1.04 87
    2021-03-01 $346,975 (-0.6%) $458,819 (10.1%) 0.98 100
    2021-04-01 $380,450 (6.5%) $475,947 (14.1%) 1.03 111
    2021-05-01 $375,000 (3.5%) $498,344 (16.7%) 1.00 161
    2021-06-01 $379,000 (0.4%) $497,307 (7.0%) 1.00 207
    2021-07-01 $417,500 (11.5%) $549,994 (16.9%) 1.10 209
    2021-08-01 $390,925 (4.3%) $543,591 (20.3%) 1.04 197
    2021-09-01 $399,675 (8.9%) $518,592 (19.2%) 1.07 192
    2021-10-01 $389,900 (15.7%) $522,466 (24.0%) 1.04 172
    2021-11-01 $399,725 (14.7%) $533,915 (20.0%) 1.07 136
    2021-12-01 $444,725 (32.1%) $540,626 (21.4%) 1.20 98
    2022-01-01 $419,900 (23.5%) $531,532 (21.8%) 1.14 83
    2022-02-01 $464,900 (30.6%) $590,050 (24.2%) 1.21 67
    2022-03-01 $437,225 (26.0%) $530,412 (15.6%) 1.09 91
    2022-04-01 $429,999 (13.0%) $609,087 (28.0%) 1.03 108
    2022-05-01 $449,700 (19.9%) $568,050 (14.0%) 1.03 128
    2022-06-01 $463,475 (22.3%) $589,032 (18.4%) 1.03 176
    2022-07-01 $499,000 (19.5%) $625,736 (13.8%) 1.12 213
    2022-08-01 $484,975 (24.1%) $607,822 (11.8%) 1.12 214
    2022-09-01 $486,000 (21.6%) $598,762 (15.5%) 1.14 203
    2022-10-01 $494,450 (26.8%) $571,209 (9.3%) 1.16 200
    2022-11-01 $491,175 (22.9%) $555,803 (4.1%) 1.18 200
    2022-12-01 $499,900 (12.4%) $557,403 (3.1%) 1.23 163
    2023-01-01 $499,500 (19.0%) $549,914 (3.5%) 1.24 121
    2023-02-01 $522,475 (12.4%) $561,487 (-4.8%) 1.26 87
    2023-03-01 $509,950 (16.6%) $553,866 (4.4%) 1.20 83
    2023-04-01 $522,450 (21.5%) $590,923 (-3.0%) 1.22 97
    2023-05-01 $526,000 (17.0%) $614,541 (8.2%) 1.19 112
    2023-06-01 $565,000 (21.9%) $660,790 (12.2%) 1.27 136
    2023-07-01 $550,000 (10.2%) $638,664 (2.1%) 1.25 155
    2023-08-01 $578,454 (19.3%) $652,192 (7.3%) 1.33 147
    2023-09-01 $549,950 (13.2%) $627,388 (4.8%) 1.28 163
    2023-10-01 $550,000 (11.2%) $646,058 (13.1%) 1.29 182
    2023-11-01 $549,425 (11.9%) $612,984 (10.3%) 1.31 168
    2023-12-01 $574,950 (15.0%) $628,347 (12.7%) 1.40 149
    2024-01-01 $556,175 (11.4%) $605,464 (10.1%) 1.36 122
    2024-02-01 $549,900 (5.3%) $593,352 (5.7%) 1.32 107
    2024-03-01 $569,950 (11.8%) $609,700 (10.1%) 1.34 114
    2024-04-01 $598,675 (14.6%) $629,797 (6.6%) 1.39 124
    2024-05-01 $599,900 (14.1%) $675,701 (10.0%) 1.36 162
    2024-06-01 $590,000 (4.4%) $718,582 (8.8%) 1.33 192
    2024-07-01 $599,644 (9.0%) $720,402 (12.8%) 1.37 196
    2024-08-01 $559,500 (-3.3%) $680,122 (4.3%) 1.30 220
    2024-09-01 $552,450 (0.5%) $660,938 (5.4%) 1.30 225
    2024-10-01 $534,475 (-2.8%) $635,695 (-1.6%) 1.26 234
    2024-11-01 $539,900 (-1.7%) $667,356 (8.9%) 1.30 195
    Concord's median listing price for 2024-11-01 was $539,900, a difference of $-9,525 (-1.7%) versus the prior year and $5,425 versus the prior month.

    Concord's median listing price comes in at 130% of the national average.

    Concord's average listing price for 2024-11-01 was $667,356, a difference of $54,372 (8.9%) versus the prior year and $31,661 versus the prior month.

    For the 2024-11-01 period, Concord had 195 MLS listings, a difference of -39 listings (-17%) versus the prior month and 27 listings (16%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Concord (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 100 days 2,194 sqft
    2018-02-01 105 days 2,173 sqft
    2018-03-01 72 days 2,217 sqft
    2018-04-01 49 days 2,205 sqft
    2018-05-01 40 days 2,169 sqft
    2018-06-01 39 days 2,163 sqft
    2018-07-01 48 days 2,187 sqft
    2018-08-01 53 days 2,185 sqft
    2018-09-01 58 days 2,180 sqft
    2018-10-01 66 days 2,216 sqft
    2018-11-01 74 days 2,201 sqft
    2018-12-01 89 days 2,132 sqft
    2019-01-01 88 days 2,160 sqft
    2019-02-01 88 days 2,096 sqft
    2019-03-01 65 days 2,098 sqft
    2019-04-01 43 days 2,124 sqft
    2019-05-01 40 days 2,121 sqft
    2019-06-01 42 days 2,130 sqft
    2019-07-01 48 days 2,085 sqft
    2019-08-01 52 days 2,094 sqft
    2019-09-01 53 days 2,079 sqft
    2019-10-01 57 days 2,078 sqft
    2019-11-01 67 days 2,065 sqft
    2019-12-01 78 days 1,978 sqft
    2020-01-01 85 days 2,016 sqft
    2020-02-01 60 days 2,065 sqft
    2020-03-01 43 days 2,076 sqft
    2020-04-01 48 days 2,139 sqft
    2020-05-01 53 days 2,125 sqft
    2020-06-01 31 days 2,172 sqft
    2020-07-01 38 days 2,199 sqft
    2020-08-01 42 days 2,222 sqft
    2020-09-01 32 days 2,073 sqft
    2020-10-01 39 days 1,987 sqft
    2020-11-01 45 days 2,025 sqft
    2020-12-01 54 days 1,915 sqft
    2021-01-01 47 days 1,846 sqft
    2021-02-01 28 days 1,800 sqft
    2021-03-01 16 days 1,727 sqft
    2021-04-01 13 days 1,826 sqft
    2021-05-01 14 days 2,072 sqft
    2021-06-01 17 days 2,070 sqft
    2021-07-01 25 days 2,191 sqft
    2021-08-01 34 days 2,130 sqft
    2021-09-01 33 days 2,096 sqft
    2021-10-01 36 days 1,998 sqft
    2021-11-01 40 days 1,947 sqft
    2021-12-01 49 days 1,980 sqft
    2022-01-01 44 days 1,883 sqft
    2022-02-01 22 days 1,944 sqft
    2022-03-01 14 days 1,854 sqft
    2022-04-01 10 days 1,872 sqft
    2022-05-01 14 days 1,921 sqft
    2022-06-01 12 days 1,948 sqft
    2022-07-01 23 days 2,119 sqft
    2022-08-01 32 days 2,104 sqft
    2022-09-01 39 days 2,141 sqft
    2022-10-01 40 days 2,099 sqft
    2022-11-01 39 days 2,058 sqft
    2022-12-01 54 days 2,052 sqft
    2023-01-01 66 days 2,073 sqft
    2023-02-01 64 days 2,022 sqft
    2023-03-01 35 days 1,889 sqft
    2023-04-01 17 days 2,043 sqft
    2023-05-01 14 days 2,056 sqft
    2023-06-01 18 days 2,082 sqft
    2023-07-01 24 days 2,128 sqft
    2023-08-01 32 days 2,086 sqft
    2023-09-01 31 days 2,154 sqft
    2023-10-01 32 days 2,188 sqft
    2023-11-01 39 days 2,195 sqft
    2023-12-01 54 days 2,175 sqft
    2024-01-01 58 days 2,060 sqft
    2024-02-01 42 days 1,995 sqft
    2024-03-01 29 days 2,049 sqft
    2024-04-01 27 days 2,072 sqft
    2024-05-01 17 days 2,107 sqft
    2024-06-01 26 days 2,080 sqft
    2024-07-01 33 days 2,085 sqft
    2024-08-01 32 days 2,020 sqft
    2024-09-01 31 days 2,050 sqft
    2024-10-01 32 days 2,072 sqft
    2024-11-01 46 days 2,038 sqft
    Concord's median listing age (time on market) for 2024-11-01 was 46 days. This is 17% longer than the same period one year ago.

    Concord's median square footage for active listings during the 2024-11-01 period was 2,038 sqft. One year prior, the average listing was 2,195 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.