Coshocton VA Loan Rates, Closing Costs & Stats

Coshocton, OH

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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.

    Coshocton's 17 lenders originated 31 VA loans during 2023. The total origination value was $5,935,000, with an average VA loan value of $191,452.

    Coshocton VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Coshocton averaged 7.1% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Coshocton's average VA mortgage closing costs are $4,473.

    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 6.9%.

    The average rate one year ago was 6.49%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.86%.

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

    Coshocton 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 Coshocton level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 12 7.20% $2,950
    QUICKEN LOANS, LLC 2 6.49% $7,628
    CROSSCOUNTRY MORTGAGE, LLC 2 7.69% $3,968
    NAVY FEDERAL CREDIT UNION 2 5.69% $5,788
    HomePromise Corporation 1 8.13% $9,253
    JPMorgan Chase Bank 1 7.75% $1,093
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.13% $19,805
    NEW DAY FINANCIAL, LLC 1 7.75% $10,871
    PENNYMAC LOAN SERVICES, LLC 1 5.25% $2,059
    POLARIS HOME FUNDING CORP. 1 7.13% $2,999
    RUOFF MORTGAGE COMPANY, INC. 1 6.25% $0
    The Park National Bank 1 5.49% $3,900
    BROKER SOLUTIONS, INC. 1 6.25% $3,688
    UNION HOME MORTGAGE CORP. 1 5.88% $21,117
    FIRST COMMUNITY MORTGAGE, INC. 1 8.13% $3,566
    GUARANTEED RATE AFFINITY, LLC 1 6.38% $1,095
    GUILD MORTGAGE COMPANY 1 6.63% $7,271

    The top Coshocton VA lender as defined by loan originations is Mortgage Research Center, LLC, with 12 VA loans originated. Their average total fees are $2,950, which is $4,678 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Coshocton VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($2,950), .

    The lowest rate Coshocton VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (7.20%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Coshocton (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 $98,250 (14.1%) $163,646 (2.9%) 0.00 105
    2018-02-01 $110,950 (28.6%) $179,358 (11.3%) 0.00 101
    2018-03-01 $121,500 (39.1%) $197,725 (21.3%) 0.00 90
    2018-04-01 $128,225 (35.0%) $193,926 (16.9%) 0.00 95
    2018-05-01 $132,825 (15.5%) $203,631 (9.2%) 0.00 106
    2018-06-01 $99,450 (-14.6%) $192,302 (3.7%) 0.00 112
    2018-07-01 $89,725 (-26.7%) $156,127 (-12.4%) 0.00 132
    2018-08-01 $99,000 (-16.5%) $157,937 (-12.1%) 0.00 129
    2018-09-01 $99,000 (-12.0%) $151,091 (-12.3%) 0.00 134
    2018-10-01 $109,975 (15.8%) $156,620 (-2.7%) 0.00 136
    2018-11-01 $100,125 (5.5%) $150,727 (-6.2%) 0.00 128
    2018-12-01 $89,000 (-10.9%) $140,862 (-11.7%) 0.00 118
    2019-01-01 $99,675 (1.5%) $142,135 (-13.1%) 0.00 102
    2019-02-01 $107,700 (-2.9%) $157,535 (-12.2%) 0.00 89
    2019-03-01 $98,368 (-19.0%) $157,693 (-20.3%) 0.00 84
    2019-04-01 $86,576 (-32.5%) $153,247 (-21.0%) 0.00 88
    2019-05-01 $94,900 (-28.6%) $148,352 (-27.2%) 0.00 98
    2019-06-01 $94,500 (-5.0%) $146,202 (-24.0%) 0.00 104
    2019-07-01 $102,400 (14.1%) $150,937 (-3.3%) 0.00 99
    2019-08-01 $102,818 (3.9%) $152,749 (-3.3%) 0.00 100
    2019-09-01 $115,295 (16.5%) $163,097 (8.0%) 0.00 98
    2019-10-01 $123,614 (12.4%) $170,706 (9.0%) 0.00 97
    2019-11-01 $119,950 (19.8%) $172,836 (14.7%) 0.00 103
    2019-12-01 $116,250 (30.6%) $157,467 (11.8%) 0.00 97
    2020-01-01 $116,250 (16.6%) $156,617 (10.2%) 0.00 84
    2020-02-01 $119,400 (10.9%) $166,957 (6.0%) 0.00 79
    2020-03-01 $110,000 (11.8%) $168,822 (7.1%) 0.00 67
    2020-04-01 $108,250 (25.0%) $170,985 (11.6%) 0.00 58
    2020-05-01 $110,000 (15.9%) $151,990 (2.5%) 0.00 60
    2020-06-01 $118,450 (25.3%) $168,920 (15.5%) 0.00 59
    2020-07-01 $129,750 (26.7%) $198,362 (31.4%) 0.00 61
    2020-08-01 $131,500 (27.9%) $184,064 (20.5%) 0.00 61
    2020-09-01 $139,925 (21.4%) $190,468 (16.8%) 0.00 53
    2020-10-01 $139,950 (13.2%) $189,323 (10.9%) 0.00 62
    2020-11-01 $132,450 (10.4%) $184,443 (6.7%) 0.00 58
    2020-12-01 $119,975 (3.2%) $172,165 (9.3%) 0.00 65
    2021-01-01 $120,000 (3.2%) $176,659 (12.8%) 0.00 47
    2021-02-01 $116,500 (-2.4%) $139,783 (-16.3%) 0.00 31
    2021-03-01 $109,800 (-0.2%) $140,369 (-16.9%) 0.00 27
    2021-04-01 $131,200 (21.2%) $194,162 (13.6%) 0.00 21
    2021-05-01 $142,450 (29.5%) $196,041 (29.0%) 0.00 22
    2021-06-01 $169,200 (42.9%) $232,888 (37.9%) 0.00 30
    2021-07-01 $149,000 (14.8%) $261,488 (31.8%) 0.00 43
    2021-08-01 $141,125 (7.3%) $242,317 (31.7%) 0.00 55
    2021-09-01 $148,125 (5.9%) $290,797 (52.7%) 0.00 51
    2021-10-01 $137,000 (-2.1%) $296,257 (56.5%) 0.00 48
    2021-11-01 $144,500 (9.1%) $278,634 (51.1%) 0.00 45
    2021-12-01 $149,675 (24.8%) $298,170 (73.2%) 0.00 39
    2022-01-01 $149,900 (24.9%) $277,451 (57.1%) 0.00 31
    2022-02-01 $138,075 (18.5%) $242,971 (73.8%) 0.00 28
    2022-03-01 $161,650 (47.2%) $267,540 (90.6%) 0.00 29
    2022-04-01 $180,750 (37.8%) $267,784 (37.9%) 0.00 28
    2022-05-01 $195,000 (36.9%) $295,287 (50.6%) 0.00 32
    2022-06-01 $162,450 (-4.0%) $266,057 (14.2%) 0.00 49
    2022-07-01 $152,450 (2.3%) $248,838 (-4.8%) 0.00 53
    2022-08-01 $164,475 (16.6%) $260,625 (7.6%) 0.00 47
    2022-09-01 $144,500 (-2.5%) $253,232 (-12.9%) 0.00 43
    2022-10-01 $139,900 (2.1%) $253,509 (-14.4%) 0.00 38
    2022-11-01 $141,475 (-2.1%) $200,421 (-28.1%) 0.00 32
    2022-12-01 $147,500 (-1.5%) $192,523 (-35.4%) 0.00 31
    2023-01-01 $159,975 (6.7%) $190,575 (-31.3%) 0.00 27
    2023-02-01 $158,850 (15.1%) $253,793 (4.5%) 0.00 30
    2023-03-01 $150,000 (-7.2%) $185,802 (-30.6%) 0.00 36
    2023-04-01 $150,000 (-17.0%) $208,677 (-22.1%) 0.00 35
    2023-05-01 $167,400 (-14.2%) $244,721 (-17.1%) 0.00 31
    2023-06-01 $180,425 (11.1%) $285,366 (7.3%) 0.00 36
    2023-07-01 $249,900 (63.9%) $331,331 (33.2%) 0.00 46
    2023-08-01 $248,000 (50.8%) $314,197 (20.6%) 0.00 45
    2023-09-01 $223,500 (54.7%) $297,360 (17.4%) 0.00 54
    2023-10-01 $219,250 (56.7%) $311,471 (22.9%) 0.00 56
    2023-11-01 $206,197 (45.8%) $304,332 (51.9%) 0.00 52
    2023-12-01 $184,900 (25.4%) $273,530 (42.1%) 0.00 54
    2024-01-01 $159,900 (-0.1%) $285,101 (49.6%) 0.00 48
    2024-02-01 $204,950 (29.0%) $333,031 (31.2%) 0.00 49
    2024-03-01 $215,000 (43.3%) $330,617 (77.9%) 0.00 48
    Coshocton's median listing price for 2024-03-01 was $215,000, a difference of $65,000 (43.3%) versus the prior year and $10,050 versus the prior month.

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

    Coshocton's average listing price for 2024-03-01 was $330,617, a difference of $144,815 (77.9%) versus the prior year and $-2,414 versus the prior month.

    For the 2024-03-01 period, Coshocton had 48 MLS listings, a difference of -1 listings (-2%) versus the prior month and 12 listings (33%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Coshocton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,586 sqft
    2018-02-01 0 days 1,624 sqft
    2018-03-01 0 days 1,637 sqft
    2018-04-01 0 days 1,629 sqft
    2018-05-01 0 days 1,631 sqft
    2018-06-01 0 days 1,632 sqft
    2018-07-01 0 days 1,634 sqft
    2018-08-01 0 days 1,707 sqft
    2018-09-01 0 days 1,620 sqft
    2018-10-01 0 days 1,635 sqft
    2018-11-01 0 days 1,568 sqft
    2018-12-01 0 days 1,411 sqft
    2019-01-01 0 days 1,435 sqft
    2019-02-01 0 days 1,487 sqft
    2019-03-01 0 days 1,471 sqft
    2019-04-01 0 days 1,479 sqft
    2019-05-01 0 days 1,449 sqft
    2019-06-01 0 days 1,516 sqft
    2019-07-01 0 days 1,619 sqft
    2019-08-01 0 days 1,620 sqft
    2019-09-01 0 days 1,621 sqft
    2019-10-01 0 days 1,622 sqft
    2019-11-01 0 days 1,624 sqft
    2019-12-01 0 days 1,692 sqft
    2020-01-01 0 days 1,537 sqft
    2020-02-01 0 days 1,500 sqft
    2020-03-01 0 days 1,462 sqft
    2020-04-01 0 days 1,489 sqft
    2020-05-01 0 days 1,496 sqft
    2020-06-01 0 days 1,600 sqft
    2020-07-01 0 days 1,615 sqft
    2020-08-01 0 days 1,604 sqft
    2020-09-01 0 days 1,608 sqft
    2020-10-01 0 days 1,512 sqft
    2020-11-01 0 days 1,434 sqft
    2020-12-01 0 days 1,419 sqft
    2021-01-01 0 days 1,420 sqft
    2021-02-01 0 days 1,419 sqft
    2021-03-01 0 days 1,471 sqft
    2021-04-01 0 days 1,672 sqft
    2021-05-01 0 days 1,450 sqft
    2021-06-01 0 days 1,661 sqft
    2021-07-01 0 days 1,560 sqft
    2021-08-01 0 days 1,608 sqft
    2021-09-01 0 days 1,603 sqft
    2021-10-01 0 days 1,574 sqft
    2021-11-01 0 days 1,672 sqft
    2021-12-01 0 days 1,599 sqft
    2022-01-01 0 days 1,635 sqft
    2022-02-01 0 days 1,298 sqft
    2022-03-01 0 days 1,473 sqft
    2022-04-01 0 days 1,648 sqft
    2022-05-01 0 days 1,560 sqft
    2022-06-01 0 days 1,563 sqft
    2022-07-01 0 days 1,564 sqft
    2022-08-01 0 days 1,655 sqft
    2022-09-01 0 days 1,632 sqft
    2022-10-01 0 days 1,558 sqft
    2022-11-01 0 days 1,549 sqft
    2022-12-01 0 days 1,568 sqft
    2023-01-01 0 days 1,620 sqft
    2023-02-01 0 days 1,628 sqft
    2023-03-01 0 days 1,641 sqft
    2023-04-01 0 days 1,632 sqft
    2023-05-01 0 days 1,650 sqft
    2023-06-01 0 days 1,673 sqft
    2023-07-01 0 days 1,758 sqft
    2023-08-01 0 days 1,706 sqft
    2023-09-01 0 days 1,689 sqft
    2023-10-01 0 days 1,779 sqft
    2023-11-01 0 days 1,816 sqft
    2023-12-01 0 days 1,768 sqft
    2024-01-01 0 days 1,737 sqft
    2024-02-01 0 days 1,762 sqft
    2024-03-01 0 days 1,682 sqft
    Coshocton's median listing age (time on market) for 2024-03-01 was 0 days.

    Coshocton's median square footage for active listings during the 2024-03-01 period was 1,682 sqft. One year prior, the average listing was 1,641 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.