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%.
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.
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. LouisDate | 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 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. LouisDate | 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 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.