Huntington VA Loans

HUNTINGTON-ASHLAND, WV-KY-OH

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 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 79 lenders originated 839 VA loans during 2021. The total origination value was $165,795,000, with an average VA loan value of $197,610.

Huntington VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Huntington averaged 5.52% for the week of 2022-05-13, compared to the national average (all VA variants) of 5.158% for the same period.

The average rate for the prior week (2022-05-06) was 5.45% and one month ago for the week of 2022-04-08, the average rate was 4.97%.

The average rate one year ago was 3.09%.

For refis of the same type during the week of 2022-05-13, the average rate was 5.61%.

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 and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Huntington level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Mortgage Research Center, LLC 121 2.95% $3,976
QUICKEN LOANS, LLC 81 2.53% $3,656
FREEDOM MORTGAGE CORPORATION 47 2.51% $2,071
MOVEMENT MORTGAGE, LLC 46 2.93% $4,663
First Option Mortgage, LLC 28 3.26% $2,813
PRIMELENDING, A PLAINSCAPITAL COMPANY 26 3.14% $4,759
LOANDEPOT.COM, LLC 25 2.95% $5,675
USAA Federal Savings Bank 23 2.82% $5,463
VILLAGE CAPITAL & INVESTMENT LLC 22 2.55% $2,779
NAVY FEDERAL CREDIT UNION 21 2.52% $4,084
NEW DAY FINANCIAL, LLC 20 2.90% $5,618
CALIBER HOME LOANS, INC. 17 2.75% $3,664
Victorian Finance, LLC 13 2.64% $6,297
LAKEVIEW LOAN SERVICING, LLC 12 2.72% $1,864
Barrington Bank & Trust Company, N.A. 11 2.90% $4,279
PENNYMAC LOAN SERVICES, LLC 11 2.82% $3,460
Low VA Rates, LLC 11 2.50% $3,642
Gateway First Bank 9 3.06% $3,592
Mr. Cooper ( Nationstar Mortgage ) 8 3.17% $4,610
MID AMERICA MORTGAGE, INC. 8 3.22% $3,772
The Federal Savings Bank 8 2.52% $5,442
Wells Fargo Bank 7 2.80% $3,170
PLANET HOME LENDING, LLC 7 2.52% $4,379
The Huntington National Bank 6 2.88% $6,850
DESCO 5 3.08% $2,231
AMERISAVE MORTGAGE CORPORATION 5 2.85% $4,064
BROKER SOLUTIONS, INC. 5 2.80% $3,055
HOME POINT FINANCIAL CORPORATION 5 2.40% $2,718
Hometown Lenders, Inc. 5 2.83% $6,932
SUN WEST MORTGAGE COMPANY, INC. 5 2.33% $2,014
Truist Bank 5 2.78% $5,229
UNION HOME MORTGAGE CORP. 5 2.93% $8,347
U.S. Bank 5 2.70% $6,016
STOCKTON MORTGAGE CORPORATION 4 3.31% $6,420
Fifth Third Bank 4 2.63% $4,051
AMERICAN MORTGAGE SERVICE COMPANY 4 2.69% $3,296
ASHLAND Credit Union 3 2.92% $9,814
NP, Inc. 3 2.29% $5,793
CLEARPATH LENDING 3 2.25% $2,278
BAYSHORE MORTGAGE FUNDING, LLC 3 3.00% $4,359
United Bank 3 2.46% $2,783
PNC Bank 3 2.92% $1,827
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.06% $12,088
AMERICAN PACIFIC MORTGAGE CORPORATION 2 2.94% $7,265
NBKC BANK 2 2.25% $1,563
First Guaranty Mortgage Corporation 2 2.56% $2,834
North American Savings Bank, F.S.B. 2 2.25% $472
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 2.50% $1,526
Carrington Mortgage Services, LLC 2 2.75% $4,918
PENTAGON FEDERAL CREDIT UNION 2 2.25% $3,942
First Federal Bank 2 4.62% $8,852
Vellum Mortgage, Inc. 1 2.88% $23,729
Strong Home Mortgage, LLC 1 2.25% $2,234
Triumph Bank 1 2.25% $2,565
AMERICAN FINANCIAL RESOURCES, INC. 1 2.63% $3,918
UNITED WHOLESALE MORTGAGE, LLC 1 2.63% $8,441
Armed Forces Bank 1 2.88% $2,492
GoPrime Mortgage, Inc. 1 2.88% $5,528
WesBanco Bank, Inc. 1 2.63% $2,571
HOMESIDE FINANCIAL, LLC 1 3.25% $5,558
HOMESPIRE MORTGAGE CORPORATION 1 2.88% $3,613
SIWELL, INC. 1 2.75% $3,112
Ixonia Bank 1 2.25% $2,611
JPMorgan Chase Bank 1 2.75% $500
KS StateBank 1 2.25% $1,659
FINANCE OF AMERICA MORTGAGE LLC 1 2.75% $6,087
Magnolia Bank 1 2.38% $3,060
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.88% $6,696
EQUITY RESOURCES, INC. 1 2.99% $3,619
AMERICAN FINANCIAL NETWORK, INC. 1 2.75% $12,154
CRESCENT MORTGAGE COMPANY 1 2.50% $2,284
CONTOUR MORTGAGE CORPORATION 1 2.63% $1,248
Colonial Savings, F.A. 1 3.38% $1,375
NEWREZ LLC 1 2.75% $3,691
Paramount Residential Mortgage Group, Inc. 1 3.50% $6,271
PHH Mortgage Corporation 1 2.88% $1,698
CHURCHILL MORTGAGE CORPORATION 1 3.25% $4,109
POLARIS HOME FUNDING CORP. 1 3.50% $6,120
RELIANCE FIRST CAPITAL, LLC 1 2.75% $5,420

The top Huntington VA lender as defined by loan originations is Mortgage Research Center, LLC, with 121 VA loans originated. Their average total fees are $3,976, which is $320 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Huntington VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($1,864), FREEDOM MORTGAGE CORPORATION ($2,071), VILLAGE CAPITAL & INVESTMENT LLC ($2,779), First Option Mortgage, LLC ($2,813) and PENNYMAC LOAN SERVICES, LLC ($3,460).

The lowest rate Huntington VA lenders (with over 10 loans originated) are Low VA Rates, LLC (2.50%), FREEDOM MORTGAGE CORPORATION (2.51%), NAVY FEDERAL CREDIT UNION (2.52%), QUICKEN LOANS, LLC (2.53%) and VILLAGE CAPITAL & INVESTMENT LLC (2.55%).


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 $141,950 (1.5%) $197,305 (4.2%) 0.52 1,741
2018-02-01 $144,950 (4.3%) $202,568 (7.7%) 0.52 1,722
2018-03-01 $149,000 (6.5%) $205,113 (8.3%) 0.52 1,727
2018-04-01 $149,450 (5.3%) $203,794 (4.6%) 0.50 1,743
2018-05-01 $149,900 (3.6%) $207,054 (5.0%) 0.50 1,770
2018-06-01 $154,900 (4.0%) $207,210 (3.9%) 0.52 1,853
2018-07-01 $159,350 (10.0%) $209,011 (5.1%) 0.53 1,903
2018-08-01 $154,950 (4.0%) $208,153 (5.8%) 0.52 1,931
2018-09-01 $155,000 (6.9%) $206,107 (5.8%) 0.52 1,907
2018-10-01 $153,450 (7.4%) $201,921 (3.6%) 0.51 1,863
2018-11-01 $149,975 (7.2%) $197,955 (1.4%) 0.50 1,861
2018-12-01 $149,000 (6.4%) $196,769 (0.3%) 0.51 1,806
2019-01-01 $145,000 (2.2%) $194,235 (-1.6%) 0.50 1,696
2019-02-01 $144,400 (-0.4%) $193,579 (-4.4%) 0.48 1,670
2019-03-01 $143,471 (-3.7%) $196,203 (-4.3%) 0.47 1,683
2019-04-01 $143,971 (-3.7%) $199,994 (-1.9%) 0.45 1,672
2019-05-01 $148,000 (-1.3%) $204,650 (-1.2%) 0.46 1,637
2019-06-01 $149,900 (-3.2%) $203,587 (-1.8%) 0.46 1,650
2019-07-01 $149,900 (-5.9%) $199,814 (-4.4%) 0.47 1,678
2019-08-01 $149,900 (-3.3%) $201,524 (-3.2%) 0.47 1,734
2019-09-01 $149,900 (-3.3%) $202,903 (-1.6%) 0.48 1,759
2019-10-01 $147,000 (-4.2%) $200,684 (-0.6%) 0.47 1,724
2019-11-01 $142,500 (-5.0%) $203,560 (2.8%) 0.46 1,660
2019-12-01 $139,900 (-6.1%) $200,507 (1.9%) 0.47 1,605
2020-01-01 $138,500 (-4.5%) $199,326 (2.6%) 0.46 1,502
2020-02-01 $139,900 (-3.1%) $200,925 (3.8%) 0.45 1,460
2020-03-01 $134,950 (-5.9%) $197,015 (0.4%) 0.42 1,378
2020-04-01 $135,000 (-6.2%) $199,259 (-0.4%) 0.42 1,326
2020-05-01 $135,000 (-8.8%) $199,976 (-2.3%) 0.41 1,208
2020-06-01 $152,200 (1.5%) $217,266 (6.7%) 0.44 1,063
2020-07-01 $154,950 (3.4%) $214,546 (7.4%) 0.44 1,028
2020-08-01 $149,900 (0.0%) $215,799 (7.1%) 0.43 902
2020-09-01 $150,000 (0.1%) $218,371 (7.6%) 0.43 850
2020-10-01 $149,900 (2.0%) $214,814 (7.0%) 0.43 839
2020-11-01 $143,700 (0.8%) $205,487 (1.0%) 0.41 796
2020-12-01 $139,900 (0.0%) $198,934 (-0.8%) 0.41 763
2021-01-01 $136,000 (-1.8%) $193,134 (-3.1%) 0.40 712
2021-02-01 $129,450 (-7.5%) $185,600 (-7.6%) 0.37 635
2021-03-01 $125,000 (-7.4%) $189,346 (-3.9%) 0.35 589
2021-04-01 $118,750 (-12.0%) $190,197 (-4.6%) 0.32 555
2021-05-01 $124,900 (-7.5%) $198,619 (-0.7%) 0.33 538
2021-06-01 $134,000 (-12.0%) $208,609 (-4.0%) 0.35 492
2021-07-01 $144,700 (-6.6%) $221,158 (3.1%) 0.38 527
2021-08-01 $150,000 (0.1%) $220,075 (2.0%) 0.39 585
2021-09-01 $152,450 (1.6%) $222,587 (1.9%) 0.40 582
2021-10-01 $149,900 (0.0%) $217,933 (1.5%) 0.39 634
2021-11-01 $152,200 (5.9%) $217,701 (5.9%) 0.40 644
2021-12-01 $152,450 (9.0%) $219,733 (10.5%) 0.41 606
2022-01-01 $145,000 (6.6%) $215,647 (11.7%) 0.39 529
2022-02-01 $139,950 (8.1%) $217,410 (17.1%) 0.36 455
2022-03-01 $149,900 (19.9%) $242,565 (28.1%) 0.37 416
2022-04-01 $164,900 (38.9%) $274,307 (44.2%) 0.39 395
Huntington's median listing price for 2022-04-01 was $164,900, a difference of $46,150 (38.9%) versus the prior year and $15,000 versus the prior month.

Huntington's median listing price comes in at 39% of the national average.

Huntington's average listing price for 2022-04-01 was $274,307, a difference of $84,110 (44.2%) versus the prior year and $31,742 versus the prior month.

For the 2022-04-01 period, Huntington had 395 MLS listings, a difference of -21 listings (-5%) versus the prior month and -160 listings (-29%) 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
2018-01-01 117 days 1,796 sqft
2018-02-01 113 days 1,800 sqft
2018-03-01 101 days 1,800 sqft
2018-04-01 86 days 1,806 sqft
2018-05-01 84 days 1,834 sqft
2018-06-01 88 days 1,868 sqft
2018-07-01 88 days 1,865 sqft
2018-08-01 86 days 1,874 sqft
2018-09-01 86 days 1,880 sqft
2018-10-01 93 days 1,878 sqft
2018-11-01 98 days 1,857 sqft
2018-12-01 103 days 1,852 sqft
2019-01-01 114 days 1,845 sqft
2019-02-01 111 days 1,800 sqft
2019-03-01 105 days 1,797 sqft
2019-04-01 87 days 1,797 sqft
2019-05-01 83 days 1,801 sqft
2019-06-01 80 days 1,812 sqft
2019-07-01 85 days 1,822 sqft
2019-08-01 84 days 1,821 sqft
2019-09-01 82 days 1,822 sqft
2019-10-01 86 days 1,804 sqft
2019-11-01 91 days 1,788 sqft
2019-12-01 103 days 1,776 sqft
2020-01-01 114 days 1,764 sqft
2020-02-01 109 days 1,768 sqft
2020-03-01 102 days 1,740 sqft
2020-04-01 95 days 1,736 sqft
2020-05-01 98 days 1,764 sqft
2020-06-01 95 days 1,902 sqft
2020-07-01 77 days 1,904 sqft
2020-08-01 80 days 1,872 sqft
2020-09-01 77 days 1,898 sqft
2020-10-01 72 days 1,900 sqft
2020-11-01 72 days 1,831 sqft
2020-12-01 80 days 1,767 sqft
2021-01-01 91 days 1,728 sqft
2021-02-01 95 days 1,616 sqft
2021-03-01 83 days 1,596 sqft
2021-04-01 72 days 1,592 sqft
2021-05-01 49 days 1,620 sqft
2021-06-01 55 days 1,711 sqft
2021-07-01 57 days 1,714 sqft
2021-08-01 45 days 1,714 sqft
2021-09-01 53 days 1,733 sqft
2021-10-01 53 days 1,673 sqft
2021-11-01 56 days 1,652 sqft
2021-12-01 65 days 1,651 sqft
2022-01-01 79 days 1,620 sqft
2022-02-01 84 days 1,608 sqft
2022-03-01 66 days 1,729 sqft
2022-04-01 52 days 1,817 sqft
Huntington's median listing age (time on market) for 2022-04-01 was 52 days. This is -28% shorter than the same period one year ago.

Huntington's median square footage for active listings during the 2022-04-01 period was 1,817 sqft. One year prior, the average listing was 1,592 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.