Hudson VA Loan Rates, Closing Costs & Stats

Hudson, NY

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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.

    Hudson's 8 lenders originated 11 VA loans during 2023. The total origination value was $3,765,000, with an average VA loan value of $342,273.

    Hudson VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Hudson averaged 6.58% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

    Hudson's average VA mortgage closing costs are $6,585.

    The average rate for the prior week (2024-04-05) was 6.33% and one month ago for the week of 2024-03-08, the average rate was 6.56%.

    The average rate one year ago was 5.86%.

    For refis of the same type during the week of 2024-04-12, the average rate was 6.77%.

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

    Hudson 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 Hudson level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    NEWREZ LLC 2 7.00% $11,535
    UNITED WHOLESALE MORTGAGE, LLC 2 6.30% $8,822
    HOMESTEAD FUNDING CORP. 1 5.75% $5,089
    Mortgage Research Center, LLC 1 7.50% $1,730
    Community First National Bank 1 6.75% $6,597
    Plains Commerce Bank 1 6.13% $25,863
    NAVY FEDERAL CREDIT UNION 1 5.38% $3,062
    GUARANTEED RATE, INC. 1 6.75% $625

    The top Hudson VA lender as defined by loan originations is NEWREZ LLC, with 2 VA loans originated. Their average total fees are $11,535, which is $2,714 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Hudson (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 $352,250 (1.6%) $605,509 (5.8%) 0.00 587
    2018-02-01 $352,000 (2.4%) $623,289 (14.2%) 0.00 583
    2018-03-01 $359,900 (4.5%) $630,169 (16.3%) 0.00 577
    2018-04-01 $362,975 (6.0%) $644,180 (15.9%) 0.00 595
    2018-05-01 $376,250 (9.0%) $670,203 (19.4%) 0.00 639
    2018-06-01 $389,000 (8.5%) $671,451 (16.6%) 0.00 718
    2018-07-01 $395,000 (12.9%) $678,360 (13.8%) 0.00 777
    2018-08-01 $395,000 (12.9%) $674,875 (12.4%) 0.00 784
    2018-09-01 $395,000 (12.9%) $665,022 (11.6%) 0.00 761
    2018-10-01 $389,900 (10.7%) $651,156 (8.0%) 0.00 756
    2018-11-01 $379,800 (6.0%) $644,686 (6.5%) 0.00 740
    2018-12-01 $379,700 (7.0%) $647,148 (5.4%) 0.00 663
    2019-01-01 $389,225 (10.5%) $651,452 (7.6%) 0.00 611
    2019-02-01 $377,450 (7.2%) $640,309 (2.7%) 0.00 604
    2019-03-01 $369,543 (2.7%) $625,810 (-0.7%) 0.00 615
    2019-04-01 $369,000 (1.7%) $613,582 (-4.8%) 0.00 635
    2019-05-01 $374,425 (-0.5%) $608,987 (-9.1%) 0.00 689
    2019-06-01 $380,000 (-2.3%) $632,222 (-5.8%) 0.00 744
    2019-07-01 $392,000 (-0.8%) $633,840 (-6.6%) 0.00 773
    2019-08-01 $395,000 (0.0%) $636,164 (-5.7%) 0.00 771
    2019-09-01 $395,000 (0.0%) $641,848 (-3.5%) 0.00 751
    2019-10-01 $395,000 (1.3%) $644,574 (-1.0%) 0.00 734
    2019-11-01 $392,400 (3.3%) $638,316 (-1.0%) 0.00 678
    2019-12-01 $394,950 (4.0%) $661,974 (2.3%) 0.00 601
    2020-01-01 $389,450 (0.1%) $675,434 (3.7%) 0.00 538
    2020-02-01 $399,000 (5.7%) $691,037 (7.9%) 0.00 523
    2020-03-01 $425,000 (15.0%) $703,043 (12.3%) 0.00 526
    2020-04-01 $427,000 (15.7%) $696,890 (13.6%) 0.00 520
    2020-05-01 $449,000 (19.9%) $712,727 (17.0%) 0.00 497
    2020-06-01 $497,000 (30.8%) $792,093 (25.3%) 0.00 500
    2020-07-01 $499,200 (27.4%) $788,641 (24.4%) 0.00 505
    2020-08-01 $525,000 (32.9%) $845,828 (33.0%) 0.00 480
    2020-09-01 $499,000 (26.3%) $854,206 (33.1%) 0.00 503
    2020-10-01 $495,000 (25.3%) $849,866 (31.9%) 0.00 525
    2020-11-01 $499,000 (27.2%) $861,601 (35.0%) 0.00 488
    2020-12-01 $500,000 (26.6%) $920,707 (39.1%) 0.00 443
    2021-01-01 $525,000 (34.8%) $965,672 (43.0%) 0.00 396
    2021-02-01 $562,500 (41.0%) $980,101 (41.8%) 0.00 360
    2021-03-01 $559,991 (31.8%) $996,701 (41.8%) 0.00 334
    2021-04-01 $575,000 (34.7%) $1,019,567 (46.3%) 0.00 319
    2021-05-01 $560,000 (24.7%) $965,598 (35.5%) 0.00 327
    2021-06-01 $544,225 (9.5%) $889,658 (12.3%) 0.00 352
    2021-07-01 $499,450 (0.1%) $818,556 (3.8%) 0.00 320
    2021-08-01 $495,000 (-5.7%) $814,920 (-3.7%) 0.00 326
    2021-09-01 $495,000 (-0.8%) $809,490 (-5.2%) 0.00 310
    2021-10-01 $499,000 (0.8%) $836,418 (-1.6%) 0.00 304
    2021-11-01 $495,000 (-0.8%) $823,331 (-4.4%) 0.00 287
    2021-12-01 $489,000 (-2.2%) $807,895 (-12.3%) 0.00 266
    2022-01-01 $495,000 (-5.7%) $860,897 (-10.9%) 0.00 224
    2022-02-01 $538,475 (-4.3%) $995,809 (1.6%) 0.00 175
    2022-03-01 $562,000 (0.4%) $985,476 (-1.1%) 0.00 175
    2022-04-01 $549,000 (-4.5%) $982,841 (-3.6%) 0.00 166
    2022-05-01 $552,200 (-1.4%) $928,247 (-3.9%) 0.00 192
    2022-06-01 $593,150 (9.0%) $965,195 (8.5%) 0.00 238
    2022-07-01 $596,850 (19.5%) $1,020,308 (24.7%) 0.00 288
    2022-08-01 $599,500 (21.1%) $1,053,116 (29.2%) 0.00 274
    2022-09-01 $586,000 (18.4%) $1,028,018 (27.0%) 0.00 287
    2022-10-01 $599,900 (20.2%) $1,034,099 (23.6%) 0.00 288
    2022-11-01 $641,250 (29.6%) $1,079,672 (31.1%) 0.00 267
    2022-12-01 $599,900 (22.7%) $1,065,128 (31.8%) 0.00 235
    2023-01-01 $587,250 (18.6%) $998,062 (15.9%) 0.00 201
    2023-02-01 $639,950 (18.8%) $1,061,088 (6.6%) 0.00 191
    2023-03-01 $599,000 (6.6%) $1,038,697 (5.4%) 0.00 193
    2023-04-01 $665,000 (21.1%) $1,144,247 (16.4%) 0.00 199
    2023-05-01 $749,000 (35.6%) $1,155,104 (24.4%) 0.00 217
    2023-06-01 $795,000 (34.0%) $1,285,446 (33.2%) 0.00 236
    2023-07-01 $739,999 (24.0%) $1,274,717 (24.9%) 0.00 264
    2023-08-01 $670,750 (11.9%) $1,200,085 (14.0%) 0.00 301
    2023-09-01 $664,500 (13.4%) $1,137,010 (10.6%) 0.00 315
    2023-10-01 $675,000 (12.5%) $1,146,488 (10.9%) 0.00 325
    2023-11-01 $638,000 (-0.5%) $1,153,554 (6.8%) 0.00 322
    2023-12-01 $595,000 (-0.8%) $1,135,399 (6.6%) 0.00 286
    2024-01-01 $595,000 (1.3%) $1,122,171 (12.4%) 0.00 233
    2024-02-01 $588,500 (-8.0%) $1,151,360 (8.5%) 0.00 220
    2024-03-01 $575,000 (-4.0%) $1,122,916 (8.1%) 0.00 225
    Hudson's median listing price for 2024-03-01 was $575,000, a difference of $-24,000 (-4.0%) versus the prior year and $-13,500 versus the prior month.

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

    Hudson's average listing price for 2024-03-01 was $1,122,916, a difference of $84,219 (8.1%) versus the prior year and $-28,444 versus the prior month.

    For the 2024-03-01 period, Hudson had 225 MLS listings, a difference of 5 listings (2%) versus the prior month and 32 listings (17%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Hudson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,100 sqft
    2018-02-01 0 days 2,073 sqft
    2018-03-01 0 days 2,040 sqft
    2018-04-01 0 days 2,076 sqft
    2018-05-01 0 days 2,198 sqft
    2018-06-01 0 days 2,214 sqft
    2018-07-01 0 days 2,219 sqft
    2018-08-01 0 days 2,203 sqft
    2018-09-01 0 days 2,244 sqft
    2018-10-01 0 days 2,243 sqft
    2018-11-01 0 days 2,217 sqft
    2018-12-01 0 days 2,202 sqft
    2019-01-01 0 days 2,237 sqft
    2019-02-01 0 days 2,205 sqft
    2019-03-01 0 days 2,165 sqft
    2019-04-01 0 days 2,125 sqft
    2019-05-01 0 days 2,143 sqft
    2019-06-01 0 days 2,145 sqft
    2019-07-01 0 days 2,118 sqft
    2019-08-01 0 days 2,123 sqft
    2019-09-01 0 days 2,130 sqft
    2019-10-01 0 days 2,143 sqft
    2019-11-01 0 days 2,126 sqft
    2019-12-01 0 days 2,145 sqft
    2020-01-01 0 days 2,134 sqft
    2020-02-01 0 days 2,164 sqft
    2020-03-01 0 days 2,210 sqft
    2020-04-01 0 days 2,227 sqft
    2020-05-01 0 days 2,300 sqft
    2020-06-01 0 days 2,349 sqft
    2020-07-01 0 days 2,361 sqft
    2020-08-01 0 days 2,400 sqft
    2020-09-01 0 days 2,400 sqft
    2020-10-01 0 days 2,300 sqft
    2020-11-01 0 days 2,274 sqft
    2020-12-01 0 days 2,345 sqft
    2021-01-01 0 days 2,376 sqft
    2021-02-01 0 days 2,365 sqft
    2021-03-01 0 days 2,340 sqft
    2021-04-01 0 days 2,345 sqft
    2021-05-01 0 days 2,273 sqft
    2021-06-01 0 days 2,240 sqft
    2021-07-01 0 days 2,100 sqft
    2021-08-01 0 days 2,082 sqft
    2021-09-01 0 days 2,017 sqft
    2021-10-01 0 days 2,080 sqft
    2021-11-01 0 days 2,094 sqft
    2021-12-01 0 days 2,114 sqft
    2022-01-01 0 days 2,173 sqft
    2022-02-01 0 days 2,181 sqft
    2022-03-01 0 days 2,231 sqft
    2022-04-01 0 days 2,240 sqft
    2022-05-01 0 days 2,068 sqft
    2022-06-01 0 days 2,076 sqft
    2022-07-01 0 days 2,160 sqft
    2022-08-01 0 days 2,133 sqft
    2022-09-01 0 days 2,106 sqft
    2022-10-01 0 days 2,112 sqft
    2022-11-01 0 days 2,190 sqft
    2022-12-01 0 days 2,150 sqft
    2023-01-01 0 days 2,101 sqft
    2023-02-01 0 days 2,147 sqft
    2023-03-01 0 days 2,030 sqft
    2023-04-01 0 days 2,100 sqft
    2023-05-01 0 days 2,271 sqft
    2023-06-01 0 days 2,315 sqft
    2023-07-01 0 days 2,220 sqft
    2023-08-01 0 days 2,209 sqft
    2023-09-01 0 days 2,200 sqft
    2023-10-01 0 days 2,229 sqft
    2023-11-01 0 days 2,121 sqft
    2023-12-01 0 days 2,135 sqft
    2024-01-01 0 days 2,117 sqft
    2024-02-01 0 days 2,118 sqft
    2024-03-01 0 days 1,960 sqft
    Hudson's median listing age (time on market) for 2024-03-01 was 0 days.

    Hudson's median square footage for active listings during the 2024-03-01 period was 1,960 sqft. One year prior, the average listing was 2,030 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.