Huntington VA Loan Rates, Closing Costs & Stats

Huntington, IN

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 15 lenders originated 38 VA loans during 2022. The total origination value was $7,660,000, with an average VA loan value of $201,579.

Huntington VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Huntington averaged 0.04% for the week of 2024-02-23, compared to the national average (all VA variants) of 0% for the same period.

Huntington's average VA mortgage closing costs are $4,107.

The average rate for the prior week (2024-02-16) was 6.82% and one month ago for the week of 2024-01-19, the average rate was 6.57%.

The average rate one year ago was 6.39%.

For refis of the same type during the week of 2024-02-23, the average rate was 0.2%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 7 5.68% $2,772
UNION HOME MORTGAGE CORP. 5 5.10% $6,164
QUICKEN LOANS, LLC 4 4.78% $5,310
RUOFF MORTGAGE COMPANY, INC. 3 5.71% $3,413
PENNYMAC LOAN SERVICES, LLC 3 3.38% $5,086
CALIBER HOME LOANS, INC. 2 4.31% $6,726
Citizens Bank 2 6.19% $7,031
HALLMARK HOME MORTGAGE, LLC 2 4.81% $13,266
LOANDEPOT.COM, LLC 2 3.50% $7,543
Mr. Cooper ( Nationstar Mortgage ) 2 5.75% $11,169
V.I.P. MORTGAGE, INC. 1 5.75% $5,251
CROSSCOUNTRY MORTGAGE, LLC 1 4.63% $2,537
Flagstar Bank, FSB 1 4.23% $9,101
NAVY FEDERAL CREDIT UNION 1 5.13% $8,529
AMERISAVE MORTGAGE CORPORATION 1 5.75% $1,945

The top Huntington VA lender as defined by loan originations is Mortgage Research Center, LLC, with 7 VA loans originated. Their average total fees are $2,772, which is $3,392 lower than the next largest lender, UNION HOME MORTGAGE CORP..

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

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


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 $126,500 (58.3%) $155,011 (28.8%) 0.00 99
2018-02-01 $112,436 (39.5%) $151,288 (24.4%) 0.00 98
2018-03-01 $122,900 (46.1%) $159,286 (27.6%) 0.00 89
2018-04-01 $123,150 (46.8%) $166,051 (24.3%) 0.00 89
2018-05-01 $127,400 (50.1%) $166,958 (24.6%) 0.00 100
2018-06-01 $114,900 (26.9%) $156,673 (12.2%) 0.00 110
2018-07-01 $99,925 (9.5%) $153,923 (6.6%) 0.00 100
2018-08-01 $128,425 (22.4%) $168,752 (8.8%) 0.00 98
2018-09-01 $126,650 (10.1%) $158,270 (-8.3%) 0.00 108
2018-10-01 $104,900 (-17.8%) $148,555 (-18.4%) 0.00 106
2018-11-01 $94,700 (-25.2%) $144,791 (-15.1%) 0.00 97
2018-12-01 $92,700 (-22.7%) $148,382 (-3.2%) 0.00 96
2019-01-01 $106,150 (-16.1%) $156,390 (0.9%) 0.00 99
2019-02-01 $134,695 (19.8%) $164,452 (8.7%) 0.00 93
2019-03-01 $152,149 (23.8%) $166,835 (4.7%) 0.00 91
2019-04-01 $158,593 (28.8%) $167,899 (1.1%) 0.00 96
2019-05-01 $151,970 (19.3%) $160,589 (-3.8%) 0.00 105
2019-06-01 $149,900 (30.5%) $166,946 (6.6%) 0.00 105
2019-07-01 $149,950 (50.1%) $183,355 (19.1%) 0.00 107
2019-08-01 $146,982 (14.5%) $175,055 (3.7%) 0.00 119
2019-09-01 $142,605 (12.6%) $167,126 (5.6%) 0.00 128
2019-10-01 $138,300 (31.8%) $158,603 (6.8%) 0.00 132
2019-11-01 $132,000 (39.4%) $153,874 (6.3%) 0.00 122
2019-12-01 $116,225 (25.4%) $140,328 (-5.4%) 0.00 122
2020-01-01 $122,475 (15.4%) $138,331 (-11.6%) 0.00 93
2020-02-01 $89,950 (-33.2%) $119,992 (-27.0%) 0.00 81
2020-03-01 $98,400 (-35.3%) $127,088 (-23.8%) 0.00 92
2020-04-01 $107,975 (-31.9%) $134,040 (-20.2%) 0.00 98
2020-05-01 $119,900 (-21.1%) $140,412 (-12.6%) 0.00 92
2020-06-01 $119,900 (-20.0%) $139,780 (-16.3%) 0.00 72
2020-07-01 $114,200 (-23.8%) $167,966 (-8.4%) 0.00 57
2020-08-01 $139,900 (-4.8%) $203,312 (16.1%) 0.00 47
2020-09-01 $130,450 (-8.5%) $218,793 (30.9%) 0.00 48
2020-10-01 $119,400 (-13.7%) $213,823 (34.8%) 0.00 50
2020-11-01 $93,550 (-29.1%) $184,502 (19.9%) 0.00 49
2020-12-01 $87,950 (-24.3%) $174,055 (24.0%) 0.00 39
2021-01-01 $94,900 (-22.5%) $193,066 (39.6%) 0.00 26
2021-02-01 $171,350 (90.5%) $245,161 (104.3%) 0.00 17
2021-03-01 $212,175 (115.6%) $283,115 (122.8%) 0.00 19
2021-04-01 $210,987 (95.4%) $305,752 (128.1%) 0.00 20
2021-05-01 $160,000 (33.4%) $247,493 (76.3%) 0.00 20
2021-06-01 $112,450 (-6.2%) $205,052 (46.7%) 0.00 30
2021-07-01 $113,550 (-0.6%) $206,618 (23.0%) 0.00 38
2021-08-01 $152,925 (9.3%) $201,645 (-0.8%) 0.00 45
2021-09-01 $123,950 (-5.0%) $202,472 (-7.5%) 0.00 44
2021-10-01 $113,450 (-5.0%) $191,623 (-10.4%) 0.00 47
2021-11-01 $108,875 (16.4%) $173,345 (-6.1%) 0.00 51
2021-12-01 $121,625 (38.3%) $209,204 (20.2%) 0.00 39
2022-01-01 $145,000 (52.8%) $217,672 (12.8%) 0.00 31
2022-02-01 $122,475 (-28.5%) $209,012 (-14.8%) 0.00 21
2022-03-01 $148,625 (-30.0%) $176,443 (-37.7%) 0.00 15
2022-04-01 $195,000 (-7.6%) $200,728 (-34.4%) 0.00 23
2022-05-01 $220,967 (38.1%) $328,495 (32.7%) 0.00 27
2022-06-01 $182,225 (62.1%) $282,934 (38.0%) 0.00 39
2022-07-01 $162,411 (43.0%) $296,510 (43.5%) 0.00 39
2022-08-01 $222,400 (45.4%) $368,629 (82.8%) 0.00 43
2022-09-01 $197,450 (59.3%) $357,825 (76.7%) 0.00 46
2022-10-01 $247,400 (118.1%) $399,422 (108.4%) 0.00 42
2022-11-01 $264,400 (142.9%) $409,244 (136.1%) 0.00 38
2022-12-01 $259,786 (113.6%) $323,762 (54.8%) 0.00 37
2023-01-01 $250,172 (72.5%) $272,280 (25.1%) 0.00 24
2023-02-01 $254,115 (107.5%) $254,052 (21.6%) 0.00 26
2023-03-01 $254,115 (71.0%) $282,272 (60.0%) 0.00 30
2023-04-01 $248,963 (27.7%) $353,971 (76.3%) 0.00 24
2023-05-01 $198,750 (-10.1%) $303,340 (-7.7%) 0.00 30
2023-06-01 $223,441 (22.6%) $327,416 (15.7%) 0.00 29
2023-07-01 $224,900 (38.5%) $238,130 (-19.7%) 0.00 40
2023-08-01 $208,700 (-6.2%) $247,257 (-32.9%) 0.00 43
2023-09-01 $194,500 (-1.5%) $227,673 (-36.4%) 0.00 47
2023-10-01 $183,500 (-25.8%) $220,617 (-44.8%) 0.00 56
2023-11-01 $188,425 (-28.7%) $225,991 (-44.8%) 0.00 63
2023-12-01 $230,000 (-11.5%) $268,119 (-17.2%) 0.00 54
Huntington's median listing price for 2023-12-01 was $230,000, a difference of $-29,786 (-11.5%) versus the prior year and $41,575 versus the prior month.

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

Huntington's average listing price for 2023-12-01 was $268,119, a difference of $-55,643 (-17.2%) versus the prior year and $42,128 versus the prior month.

For the 2023-12-01 period, Huntington had 54 MLS listings, a difference of -9 listings (-14%) versus the prior month and 17 listings (46%) 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 0 days 1,722 sqft
2018-02-01 0 days 1,686 sqft
2018-03-01 0 days 1,696 sqft
2018-04-01 0 days 1,737 sqft
2018-05-01 0 days 1,735 sqft
2018-06-01 0 days 1,645 sqft
2018-07-01 0 days 1,628 sqft
2018-08-01 0 days 1,742 sqft
2018-09-01 0 days 1,791 sqft
2018-10-01 0 days 1,769 sqft
2018-11-01 0 days 1,699 sqft
2018-12-01 0 days 1,699 sqft
2019-01-01 0 days 1,680 sqft
2019-02-01 0 days 1,747 sqft
2019-03-01 0 days 1,763 sqft
2019-04-01 0 days 1,763 sqft
2019-05-01 0 days 1,801 sqft
2019-06-01 0 days 1,811 sqft
2019-07-01 0 days 1,811 sqft
2019-08-01 0 days 1,811 sqft
2019-09-01 0 days 1,811 sqft
2019-10-01 0 days 1,811 sqft
2019-11-01 0 days 1,811 sqft
2019-12-01 0 days 1,737 sqft
2020-01-01 0 days 1,710 sqft
2020-02-01 0 days 1,534 sqft
2020-03-01 0 days 1,567 sqft
2020-04-01 0 days 1,541 sqft
2020-05-01 0 days 1,642 sqft
2020-06-01 0 days 1,614 sqft
2020-07-01 0 days 1,623 sqft
2020-08-01 0 days 1,717 sqft
2020-09-01 0 days 1,716 sqft
2020-10-01 0 days 1,564 sqft
2020-11-01 0 days 1,516 sqft
2020-12-01 0 days 1,406 sqft
2021-01-01 0 days 1,525 sqft
2021-02-01 0 days 1,707 sqft
2021-03-01 0 days 1,736 sqft
2021-04-01 0 days 1,732 sqft
2021-05-01 0 days 1,606 sqft
2021-06-01 0 days 1,691 sqft
2021-07-01 0 days 1,709 sqft
2021-08-01 0 days 1,744 sqft
2021-09-01 0 days 1,700 sqft
2021-10-01 0 days 1,606 sqft
2021-11-01 0 days 1,596 sqft
2021-12-01 0 days 1,745 sqft
2022-01-01 0 days 1,815 sqft
2022-02-01 0 days 1,641 sqft
2022-03-01 0 days 1,554 sqft
2022-04-01 0 days 1,655 sqft
2022-05-01 0 days 1,695 sqft
2022-06-01 0 days 1,794 sqft
2022-07-01 0 days 1,669 sqft
2022-08-01 0 days 1,882 sqft
2022-09-01 0 days 1,892 sqft
2022-10-01 0 days 1,932 sqft
2022-11-01 0 days 1,940 sqft
2022-12-01 0 days 1,772 sqft
2023-01-01 0 days 1,495 sqft
2023-02-01 0 days 1,511 sqft
2023-03-01 0 days 1,603 sqft
2023-04-01 0 days 1,539 sqft
2023-05-01 0 days 1,493 sqft
2023-06-01 0 days 1,798 sqft
2023-07-01 0 days 1,669 sqft
2023-08-01 0 days 1,627 sqft
2023-09-01 0 days 1,569 sqft
2023-10-01 0 days 1,574 sqft
2023-11-01 0 days 1,595 sqft
2023-12-01 0 days 1,641 sqft
Huntington's median listing age (time on market) for 2023-12-01 was 0 days.

Huntington's median square footage for active listings during the 2023-12-01 period was 1,641 sqft. One year prior, the average listing was 1,772 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.