Huntington VA Loan Rates, Closing Costs & Stats

HUNTINGTON-ASHLAND, WV-KY-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.

    Huntington's 61 lenders originated 361 VA loans during 2023. The total origination value was $80,085,000, with an average VA loan value of $221,842.

    Huntington VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Huntington averaged 6.72% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Huntington's average VA mortgage closing costs are $4,603.

    The average rate for the prior week (2024-04-12) was 6.55% and one month ago for the week of 2024-03-15, the average rate was 6.41%.

    The average rate one year ago was 6.4%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.43%.

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

    Huntington 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 Huntington level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 94 6.88% $4,505
    MOVEMENT MORTGAGE, LLC 23 6.42% $6,949
    LOANDEPOT.COM, LLC 18 6.89% $7,614
    UNITED WHOLESALE MORTGAGE, LLC 17 6.55% $5,935
    USAA Federal Savings Bank 17 6.46% $7,858
    PRIMELENDING, A PLAINSCAPITAL COMPANY 17 6.97% $4,514
    QUICKEN LOANS, LLC 16 6.32% $7,994
    PENNYMAC LOAN SERVICES, LLC 13 5.62% $5,626
    NAVY FEDERAL CREDIT UNION 12 5.75% $6,404
    AMERISAVE MORTGAGE CORPORATION 9 5.81% $9,464
    STOCKTON MORTGAGE CORPORATION 8 6.94% $6,777
    Barrington Bank & Trust Company, N.A. 6 6.50% $6,042
    The Huntington National Bank 6 6.51% $3,984
    NEW DAY FINANCIAL, LLC 5 7.72% $7,186
    Fifth Third Bank 5 6.45% $5,632
    VILLAGE CAPITAL MORTGAGE 5 6.43% $8,100
    CALIBER HOME LOANS, INC. 4 6.75% $4,149
    Wells Fargo Bank 3 5.63% $7,104
    Mr. Cooper ( Nationstar Mortgage ) 3 6.58% $7,954
    NEWREZ LLC 3 7.08% $4,166
    U.S. Bank 3 7.00% $5,602
    PNC Bank 2 6.69% $2,828
    MID AMERICA MORTGAGE, INC. 2 6.69% $3,701
    NBKC BANK 2 5.19% $3,513
    BAYSHORE MORTGAGE FUNDING, LLC 2 7.19% $11,022
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.75% $0
    FREEDOM MORTGAGE CORPORATION 2 6.06% $2,707
    CROSSCOUNTRY MORTGAGE, LLC 2 6.44% $5,294
    Equity Prime Mortgage LLC 2 6.50% $3,147
    LAKEVIEW LOAN SERVICING, LLC 2 5.69% $6,496
    United Bank 2 6.25% $3,366
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.81% $13,055
    Carrington Mortgage Services, LLC 2 5.31% $4,249
    WesBanco 1 6.63% $3,385
    ASHLAND Credit Union 1 7.13% $0
    BNC National Bank 1 5.63% $13,335
    BROKER SOLUTIONS, INC. 1 7.13% $4,258
    CARDINAL FINANCIAL 1 5.88% $9,807
    Century Mortgage Company DBA Century Lending Company 1 6.63% $8,203
    DESCO 1 7.13% $0
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.13% $3,127
    Gateway First Bank 1 6.25% $9,384
    GoPrime Mortgage, Inc. 1 6.63% $8,082
    GUARANTEED RATE AFFINITY, LLC 1 5.68% $0
    GUARANTEED RATE, INC. 1 6.75% $9,416
    GUILD MORTGAGE COMPANY 1 7.13% $4,443
    JPMorgan Chase Bank 1 7.25% $500
    Magnolia Bank 1 6.25% $12,766
    North American Savings Bank, F.S.B. 1 5.50% $600
    PENTAGON FEDERAL CREDIT UNION 1 7.00% $4,366
    PLANET HOME LENDING, LLC 1 6.38% $7,902
    POLARIS HOME FUNDING CORP. 1 7.25% $7,494
    ROYAL UNITED MORTGAGE LLC 1 8.13% $7,411
    SUMMIT FUNDING, INC. 1 5.63% $2,483
    SUN WEST MORTGAGE COMPANY, INC. 1 6.47% $2,934
    T2 FINANCIAL LLC 1 6.75% $675
    Truist 1 6.25% $3,756
    Univest Bank and Trust Co. 1 6.38% $9,762
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.13% $21,184
    Victorian Finance, LLC 1 7.25% $5,594
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.25% $7,494

    The top Huntington VA lender as defined by loan originations is Mortgage Research Center, LLC, with 94 VA loans originated. Their average total fees are $4,505, which is $2,444 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

    The lowest fee Huntington VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,505), PRIMELENDING, A PLAINSCAPITAL COMPANY ($4,514), PENNYMAC LOAN SERVICES, LLC ($5,626), UNITED WHOLESALE MORTGAGE, LLC ($5,935) and NAVY FEDERAL CREDIT UNION ($6,404).

    The lowest rate Huntington VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.62%), NAVY FEDERAL CREDIT UNION (5.75%), QUICKEN LOANS, LLC (6.32%), MOVEMENT MORTGAGE, LLC (6.42%) and USAA Federal Savings Bank (6.46%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Huntington (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 $134,950 (0.7%) $187,771 (2.6%) 0.50 1,651
    2018-02-01 $135,000 (1.0%) $191,812 (5.8%) 0.49 1,636
    2018-03-01 $137,000 (1.5%) $193,560 (6.4%) 0.48 1,615
    2018-04-01 $137,850 (-0.8%) $193,088 (2.2%) 0.47 1,643
    2018-05-01 $139,450 (0.1%) $196,411 (3.0%) 0.47 1,676
    2018-06-01 $144,900 (3.6%) $197,671 (2.3%) 0.48 1,722
    2018-07-01 $146,975 (5.4%) $198,837 (3.6%) 0.49 1,799
    2018-08-01 $145,000 (6.7%) $197,934 (6.0%) 0.49 1,836
    2018-09-01 $148,000 (9.7%) $196,503 (6.3%) 0.50 1,836
    2018-10-01 $145,000 (10.1%) $193,604 (4.4%) 0.49 1,810
    2018-11-01 $141,625 (9.0%) $189,071 (1.8%) 0.48 1,811
    2018-12-01 $139,900 (7.7%) $188,113 (0.8%) 0.48 1,756
    2019-01-01 $139,900 (3.7%) $186,676 (-0.6%) 0.48 1,631
    2019-02-01 $137,450 (1.8%) $186,279 (-2.9%) 0.46 1,597
    2019-03-01 $136,693 (-0.2%) $188,955 (-2.4%) 0.45 1,596
    2019-04-01 $138,925 (0.8%) $192,107 (-0.5%) 0.44 1,585
    2019-05-01 $140,750 (0.9%) $195,238 (-0.6%) 0.44 1,562
    2019-06-01 $140,000 (-3.4%) $193,685 (-2.0%) 0.44 1,577
    2019-07-01 $139,900 (-4.8%) $190,077 (-4.4%) 0.44 1,592
    2019-08-01 $139,973 (-3.5%) $190,404 (-3.8%) 0.44 1,617
    2019-09-01 $139,932 (-5.5%) $190,238 (-3.2%) 0.45 1,624
    2019-10-01 $139,900 (-3.5%) $190,127 (-1.8%) 0.45 1,626
    2019-11-01 $139,000 (-1.9%) $192,130 (1.6%) 0.46 1,568
    2019-12-01 $134,400 (-3.9%) $191,110 (1.6%) 0.45 1,521
    2020-01-01 $129,900 (-7.2%) $190,136 (1.9%) 0.43 1,421
    2020-02-01 $129,900 (-5.5%) $192,856 (3.5%) 0.43 1,396
    2020-03-01 $129,900 (-5.0%) $190,813 (1.0%) 0.41 1,329
    2020-04-01 $129,900 (-6.5%) $192,787 (0.4%) 0.41 1,257
    2020-05-01 $130,000 (-7.6%) $192,858 (-1.2%) 0.40 1,168
    2020-06-01 $143,975 (2.8%) $205,565 (6.1%) 0.42 1,033
    2020-07-01 $149,000 (6.5%) $203,971 (7.3%) 0.43 996
    2020-08-01 $146,000 (4.3%) $206,577 (8.5%) 0.42 875
    2020-09-01 $149,000 (6.5%) $209,318 (10.0%) 0.43 825
    2020-10-01 $144,950 (3.6%) $205,766 (8.2%) 0.42 823
    2020-11-01 $139,900 (0.7%) $195,243 (1.6%) 0.41 784
    2020-12-01 $135,000 (0.5%) $187,251 (-2.0%) 0.40 748
    2021-01-01 $129,900 (0.0%) $184,002 (-3.2%) 0.39 698
    2021-02-01 $124,625 (-4.1%) $173,813 (-9.9%) 0.36 624
    2021-03-01 $119,950 (-7.7%) $177,998 (-6.7%) 0.34 579
    2021-04-01 $117,450 (-9.6%) $183,474 (-4.8%) 0.32 528
    2021-05-01 $122,900 (-5.5%) $197,789 (2.6%) 0.33 515
    2021-06-01 $130,625 (-9.3%) $208,471 (1.4%) 0.34 479
    2021-07-01 $142,000 (-4.7%) $217,099 (6.4%) 0.37 515
    2021-08-01 $150,000 (2.7%) $217,359 (5.2%) 0.40 544
    2021-09-01 $152,450 (2.3%) $221,422 (5.8%) 0.41 553
    2021-10-01 $149,900 (3.4%) $211,858 (3.0%) 0.40 621
    2021-11-01 $149,450 (6.8%) $209,939 (7.5%) 0.40 624
    2021-12-01 $149,675 (10.9%) $211,551 (13.0%) 0.41 575
    2022-01-01 $145,000 (11.6%) $209,550 (13.9%) 0.39 507
    2022-02-01 $137,450 (10.3%) $211,856 (21.9%) 0.36 442
    2022-03-01 $148,450 (23.8%) $233,471 (31.2%) 0.37 404
    2022-04-01 $164,950 (40.4%) $267,616 (45.9%) 0.39 381
    2022-05-01 $174,975 (42.4%) $249,804 (26.3%) 0.40 414
    2022-06-01 $179,950 (37.8%) $243,086 (16.6%) 0.40 515
    2022-07-01 $175,000 (23.2%) $242,595 (11.7%) 0.39 542
    2022-08-01 $172,012 (14.7%) $242,455 (11.6%) 0.40 573
    2022-09-01 $177,450 (16.4%) $246,892 (11.5%) 0.41 621
    2022-10-01 $179,900 (20.0%) $241,577 (14.0%) 0.42 614
    2022-11-01 $175,000 (17.1%) $248,509 (18.4%) 0.42 634
    2022-12-01 $160,000 (6.9%) $245,684 (16.1%) 0.40 593
    2023-01-01 $159,900 (10.3%) $242,139 (15.6%) 0.40 538
    2023-02-01 $172,350 (25.4%) $250,182 (18.1%) 0.42 477
    2023-03-01 $174,450 (17.5%) $262,563 (12.5%) 0.41 439
    2023-04-01 $178,400 (8.2%) $262,637 (-1.9%) 0.41 412
    2023-05-01 $177,450 (1.4%) $262,732 (5.2%) 0.40 414
    2023-06-01 $184,250 (2.4%) $263,390 (8.4%) 0.41 439
    2023-07-01 $185,000 (5.7%) $269,032 (10.9%) 0.42 469
    2023-08-01 $179,700 (4.5%) $263,675 (8.8%) 0.41 520
    2023-09-01 $179,900 (1.4%) $259,759 (5.2%) 0.42 549
    2023-10-01 $193,675 (7.7%) $276,717 (14.6%) 0.46 579
    2023-11-01 $183,700 (5.0%) $258,757 (4.1%) 0.44 565
    2023-12-01 $179,500 (12.2%) $245,936 (0.1%) 0.44 567
    2024-01-01 $179,200 (12.1%) $243,428 (0.5%) 0.44 532
    2024-02-01 $172,350 (0.0%) $238,459 (-4.7%) 0.41 511
    2024-03-01 $179,950 (3.2%) $250,808 (-4.5%) 0.42 471
    Huntington's median listing price for 2024-03-01 was $179,950, a difference of $5,500 (3.2%) versus the prior year and $7,600 versus the prior month.

    Huntington's median listing price comes in at 42% of the national average.

    Huntington's average listing price for 2024-03-01 was $250,808, a difference of $-11,755 (-4.5%) versus the prior year and $12,349 versus the prior month.

    For the 2024-03-01 period, Huntington had 471 MLS listings, a difference of -40 listings (-8%) versus the prior month and 32 listings (7%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Huntington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 110 days 1,747 sqft
    2018-02-01 105 days 1,757 sqft
    2018-03-01 88 days 1,769 sqft
    2018-04-01 80 days 1,786 sqft
    2018-05-01 75 days 1,800 sqft
    2018-06-01 80 days 1,803 sqft
    2018-07-01 78 days 1,811 sqft
    2018-08-01 78 days 1,819 sqft
    2018-09-01 79 days 1,824 sqft
    2018-10-01 86 days 1,808 sqft
    2018-11-01 91 days 1,798 sqft
    2018-12-01 100 days 1,793 sqft
    2019-01-01 108 days 1,791 sqft
    2019-02-01 107 days 1,762 sqft
    2019-03-01 97 days 1,755 sqft
    2019-04-01 83 days 1,755 sqft
    2019-05-01 78 days 1,769 sqft
    2019-06-01 75 days 1,774 sqft
    2019-07-01 78 days 1,773 sqft
    2019-08-01 77 days 1,765 sqft
    2019-09-01 80 days 1,758 sqft
    2019-10-01 82 days 1,748 sqft
    2019-11-01 88 days 1,721 sqft
    2019-12-01 98 days 1,727 sqft
    2020-01-01 107 days 1,718 sqft
    2020-02-01 102 days 1,719 sqft
    2020-03-01 92 days 1,699 sqft
    2020-04-01 88 days 1,677 sqft
    2020-05-01 92 days 1,700 sqft
    2020-06-01 89 days 1,781 sqft
    2020-07-01 74 days 1,797 sqft
    2020-08-01 72 days 1,773 sqft
    2020-09-01 69 days 1,794 sqft
    2020-10-01 66 days 1,800 sqft
    2020-11-01 66 days 1,767 sqft
    2020-12-01 72 days 1,680 sqft
    2021-01-01 82 days 1,664 sqft
    2021-02-01 84 days 1,600 sqft
    2021-03-01 74 days 1,571 sqft
    2021-04-01 64 days 1,572 sqft
    2021-05-01 47 days 1,600 sqft
    2021-06-01 50 days 1,624 sqft
    2021-07-01 50 days 1,707 sqft
    2021-08-01 43 days 1,689 sqft
    2021-09-01 50 days 1,709 sqft
    2021-10-01 51 days 1,669 sqft
    2021-11-01 56 days 1,606 sqft
    2021-12-01 64 days 1,602 sqft
    2022-01-01 76 days 1,575 sqft
    2022-02-01 82 days 1,575 sqft
    2022-03-01 65 days 1,674 sqft
    2022-04-01 48 days 1,772 sqft
    2022-05-01 42 days 1,795 sqft
    2022-06-01 35 days 1,860 sqft
    2022-07-01 45 days 1,844 sqft
    2022-08-01 51 days 1,813 sqft
    2022-09-01 52 days 1,848 sqft
    2022-10-01 57 days 1,832 sqft
    2022-11-01 64 days 1,822 sqft
    2022-12-01 79 days 1,809 sqft
    2023-01-01 82 days 1,800 sqft
    2023-02-01 82 days 1,798 sqft
    2023-03-01 65 days 1,800 sqft
    2023-04-01 54 days 1,811 sqft
    2023-05-01 50 days 1,790 sqft
    2023-06-01 48 days 1,797 sqft
    2023-07-01 49 days 1,864 sqft
    2023-08-01 43 days 1,803 sqft
    2023-09-01 45 days 1,799 sqft
    2023-10-01 50 days 1,863 sqft
    2023-11-01 53 days 1,775 sqft
    2023-12-01 59 days 1,744 sqft
    2024-01-01 70 days 1,721 sqft
    2024-02-01 76 days 1,693 sqft
    2024-03-01 66 days 1,727 sqft
    Huntington's median listing age (time on market) for 2024-03-01 was 66 days. This is 2% longer than the same period one year ago.

    Huntington's median square footage for active listings during the 2024-03-01 period was 1,727 sqft. One year prior, the average listing was 1,800 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.