Keene VA Loan Rates, Closing Costs & Stats

Keene, NH

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.

Keene's 30 lenders originated 76 VA loans during 2023. The total origination value was $25,920,000, with an average VA loan value of $341,053.

Keene VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Keene averaged 6.73% for the week of 2024-06-07, compared to the national average (all VA variants) of 6.387% for the same period.

Keene's average VA mortgage closing costs are $5,733.

The average rate for the prior week (2024-05-31) was 7.04% and one month ago for the week of 2024-05-03, the average rate was 6.87%.

The average rate one year ago was 6.67%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.39%.

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

Keene 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 Keene level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 17 6.59% $8,161
CMG MORTGAGE, INC. 9 6.68% $13,086
NAVY FEDERAL CREDIT UNION 5 5.85% $5,471
GUILD MORTGAGE COMPANY 3 6.46% $5,557
QUICKEN LOANS, LLC 3 5.37% $13,071
FREEDOM MORTGAGE CORPORATION 2 6.69% $12,771
NBKC BANK 2 5.63% $425
PENNYMAC LOAN SERVICES, LLC 2 5.44% $10,656
Citizens Bank 2 5.88% $5,606
TOTAL MORTGAGE SERVICES, LLC 2 6.69% $17,212
HARBORONE MORTGAGE, LLC 2 6.56% $2,664
USAA Federal Savings Bank 2 6.81% $11,754
PENTAGON FEDERAL CREDIT UNION 2 5.69% $7,255
Ross Mortgage Company, Inc. 1 7.25% $10,501
The Federal Savings Bank 1 5.75% $16,722
UNITED WHOLESALE MORTGAGE, LLC 1 6.12% $637
AMERICAN FINANCING CORPORATION 1 6.13% $14,462
Wells Fargo Bank 1 6.13% $7,118
BAY EQUITY LLC 1 7.50% $7,911
BNC National Bank 1 5.25% $2,731
CARDINAL FINANCIAL 1 5.88% $8,898
EMM LOANS LLC 1 5.88% $3,513
GUARANTEED RATE, INC. 1 7.25% $2,257
LAKEVIEW LOAN SERVICING, LLC 1 5.75% $7,046
Leader Bank 1 6.99% $17,987
LOANDEPOT.COM, LLC 1 5.13% $9,909
NEW DAY FINANCIAL, LLC 1 6.99% $18,442
NEWREZ LLC 1 6.25% $8,348
North American Savings Bank, F.S.B. 1 6.38% $9,421
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $14,682

The top Keene VA lender as defined by loan originations is Mortgage Research Center, LLC, with 17 VA loans originated. Their average total fees are $8,161, which is $4,926 lower than the next largest lender, CMG MORTGAGE, INC..

The lowest fee Keene VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($8,161), .

The lowest rate Keene VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.59%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Keene (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 $239,675 (6.8%) $304,574 (1.6%) 0.00 286
2018-02-01 $242,950 (7.3%) $317,503 (3.2%) 0.00 263
2018-03-01 $249,000 (10.8%) $327,564 (4.1%) 0.00 276
2018-04-01 $248,181 (3.7%) $320,513 (1.4%) 0.00 296
2018-05-01 $243,750 (-1.9%) $323,228 (5.2%) 0.00 329
2018-06-01 $249,900 (1.4%) $323,364 (6.3%) 0.00 385
2018-07-01 $249,900 (2.0%) $320,331 (6.6%) 0.00 403
2018-08-01 $249,900 (4.4%) $324,342 (9.2%) 0.00 424
2018-09-01 $259,000 (7.2%) $323,360 (5.4%) 0.00 433
2018-10-01 $257,400 (8.4%) $320,322 (5.7%) 0.00 429
2018-11-01 $249,948 (8.9%) $319,472 (8.0%) 0.00 390
2018-12-01 $249,000 (8.3%) $313,163 (5.2%) 0.00 338
2019-01-01 $249,950 (4.3%) $322,488 (5.9%) 0.00 302
2019-02-01 $249,950 (2.9%) $319,901 (0.8%) 0.00 279
2019-03-01 $252,857 (1.6%) $317,756 (-3.0%) 0.00 264
2019-04-01 $255,857 (3.1%) $323,033 (0.8%) 0.00 263
2019-05-01 $274,950 (12.8%) $335,610 (3.8%) 0.00 279
2019-06-01 $269,450 (7.8%) $335,797 (3.8%) 0.00 307
2019-07-01 $271,853 (8.8%) $342,589 (7.0%) 0.00 341
2019-08-01 $267,895 (7.2%) $333,203 (2.7%) 0.00 345
2019-09-01 $266,239 (2.8%) $334,065 (3.3%) 0.00 344
2019-10-01 $265,909 (3.3%) $335,994 (4.9%) 0.00 338
2019-11-01 $269,000 (7.6%) $338,057 (5.8%) 0.00 309
2019-12-01 $271,475 (9.0%) $339,923 (8.6%) 0.00 231
2020-01-01 $274,850 (10.0%) $336,025 (4.2%) 0.00 192
2020-02-01 $279,250 (11.7%) $343,075 (7.2%) 0.00 177
2020-03-01 $297,225 (17.6%) $363,521 (14.4%) 0.00 176
2020-04-01 $299,900 (17.2%) $377,836 (17.0%) 0.00 170
2020-05-01 $289,900 (5.4%) $369,640 (10.1%) 0.00 177
2020-06-01 $297,875 (10.6%) $374,077 (11.4%) 0.00 157
2020-07-01 $292,450 (7.6%) $381,956 (11.5%) 0.00 159
2020-08-01 $285,000 (6.4%) $383,964 (15.2%) 0.00 159
2020-09-01 $294,900 (10.8%) $380,726 (14.0%) 0.00 156
2020-10-01 $314,950 (18.4%) $402,301 (19.7%) 0.00 130
2020-11-01 $302,100 (12.3%) $416,186 (23.1%) 0.00 97
2020-12-01 $296,125 (9.1%) $401,252 (18.0%) 0.00 91
2021-01-01 $296,750 (8.0%) $415,717 (23.7%) 0.00 59
2021-02-01 $286,125 (2.5%) $423,942 (23.6%) 0.00 56
2021-03-01 $306,968 (3.3%) $437,030 (20.2%) 0.00 57
2021-04-01 $298,000 (-0.6%) $428,869 (13.5%) 0.00 81
2021-05-01 $299,450 (3.3%) $391,402 (5.9%) 0.00 97
2021-06-01 $316,225 (6.2%) $379,283 (1.4%) 0.00 122
2021-07-01 $310,000 (6.0%) $409,311 (7.2%) 0.00 140
2021-08-01 $309,675 (8.7%) $447,812 (16.6%) 0.00 152
2021-09-01 $317,500 (7.7%) $496,727 (30.5%) 0.00 149
2021-10-01 $327,000 (3.8%) $503,693 (25.2%) 0.00 110
2021-11-01 $299,900 (-0.7%) $491,116 (18.0%) 0.00 84
2021-12-01 $299,950 (1.3%) $482,112 (20.2%) 0.00 66
2022-01-01 $299,000 (0.8%) $526,620 (26.7%) 0.00 39
2022-02-01 $284,450 (-0.6%) $495,401 (16.9%) 0.00 52
2022-03-01 $326,950 (6.5%) $532,085 (21.8%) 0.00 45
2022-04-01 $344,450 (15.6%) $474,042 (10.5%) 0.00 56
2022-05-01 $353,250 (18.0%) $478,061 (22.1%) 0.00 83
2022-06-01 $349,900 (10.7%) $465,685 (22.8%) 0.00 102
2022-07-01 $365,000 (17.7%) $468,665 (14.5%) 0.00 117
2022-08-01 $364,950 (17.9%) $465,862 (4.0%) 0.00 131
2022-09-01 $373,500 (17.6%) $485,322 (-2.3%) 0.00 122
2022-10-01 $360,000 (10.1%) $466,574 (-7.4%) 0.00 133
2022-11-01 $354,975 (18.4%) $481,699 (-1.9%) 0.00 116
2022-12-01 $389,900 (30.0%) $490,560 (1.8%) 0.00 94
2023-01-01 $394,250 (31.9%) $503,123 (-4.5%) 0.00 71
2023-02-01 $394,125 (38.6%) $494,699 (-0.1%) 0.00 65
2023-03-01 $364,950 (11.6%) $474,659 (-10.8%) 0.00 58
2023-04-01 $399,900 (16.1%) $511,921 (8.0%) 0.00 69
2023-05-01 $449,950 (27.4%) $531,921 (11.3%) 0.00 71
2023-06-01 $434,500 (24.2%) $521,625 (12.0%) 0.00 77
2023-07-01 $449,000 (23.0%) $554,525 (18.3%) 0.00 93
2023-08-01 $477,475 (30.8%) $578,589 (24.2%) 0.00 94
2023-09-01 $455,000 (21.8%) $559,733 (15.3%) 0.00 101
2023-10-01 $475,000 (31.9%) $563,981 (20.9%) 0.00 106
2023-11-01 $434,750 (22.5%) $530,213 (10.1%) 0.00 96
2023-12-01 $417,450 (7.1%) $506,010 (3.2%) 0.00 87
2024-01-01 $449,475 (14.0%) $542,032 (7.7%) 0.00 83
2024-02-01 $456,975 (16.0%) $544,299 (10.0%) 0.00 79
2024-03-01 $445,000 (21.9%) $560,016 (18.0%) 0.00 68
2024-04-01 $459,450 (14.9%) $541,041 (5.7%) 0.00 71
2024-05-01 $474,900 (5.6%) $573,480 (7.8%) 0.00 93
Keene's median listing price for 2024-05-01 was $474,900, a difference of $24,950 (5.6%) versus the prior year and $15,450 versus the prior month.

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

Keene's average listing price for 2024-05-01 was $573,480, a difference of $41,559 (7.8%) versus the prior year and $32,439 versus the prior month.

For the 2024-05-01 period, Keene had 93 MLS listings, a difference of 22 listings (31%) versus the prior month and 22 listings (31%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Keene (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,858 sqft
2018-02-01 0 days 1,901 sqft
2018-03-01 0 days 1,957 sqft
2018-04-01 0 days 1,910 sqft
2018-05-01 0 days 1,877 sqft
2018-06-01 0 days 1,860 sqft
2018-07-01 0 days 1,913 sqft
2018-08-01 0 days 1,900 sqft
2018-09-01 0 days 1,857 sqft
2018-10-01 0 days 1,843 sqft
2018-11-01 0 days 1,870 sqft
2018-12-01 0 days 1,836 sqft
2019-01-01 0 days 1,845 sqft
2019-02-01 0 days 1,863 sqft
2019-03-01 0 days 1,915 sqft
2019-04-01 0 days 1,959 sqft
2019-05-01 0 days 1,977 sqft
2019-06-01 0 days 1,996 sqft
2019-07-01 0 days 2,060 sqft
2019-08-01 0 days 2,003 sqft
2019-09-01 0 days 1,973 sqft
2019-10-01 0 days 1,968 sqft
2019-11-01 0 days 1,930 sqft
2019-12-01 0 days 1,912 sqft
2020-01-01 0 days 1,916 sqft
2020-02-01 0 days 1,963 sqft
2020-03-01 0 days 2,025 sqft
2020-04-01 0 days 2,050 sqft
2020-05-01 0 days 1,949 sqft
2020-06-01 0 days 2,065 sqft
2020-07-01 0 days 2,050 sqft
2020-08-01 0 days 1,988 sqft
2020-09-01 0 days 1,903 sqft
2020-10-01 0 days 2,094 sqft
2020-11-01 0 days 2,172 sqft
2020-12-01 0 days 1,989 sqft
2021-01-01 0 days 2,072 sqft
2021-02-01 0 days 1,943 sqft
2021-03-01 0 days 2,035 sqft
2021-04-01 0 days 1,856 sqft
2021-05-01 0 days 1,623 sqft
2021-06-01 0 days 1,792 sqft
2021-07-01 0 days 1,768 sqft
2021-08-01 0 days 1,843 sqft
2021-09-01 0 days 1,915 sqft
2021-10-01 0 days 1,949 sqft
2021-11-01 0 days 1,858 sqft
2021-12-01 0 days 1,852 sqft
2022-01-01 0 days 1,779 sqft
2022-02-01 0 days 1,754 sqft
2022-03-01 0 days 1,867 sqft
2022-04-01 0 days 1,856 sqft
2022-05-01 0 days 1,850 sqft
2022-06-01 0 days 1,705 sqft
2022-07-01 0 days 1,728 sqft
2022-08-01 0 days 1,769 sqft
2022-09-01 0 days 1,671 sqft
2022-10-01 0 days 1,767 sqft
2022-11-01 0 days 1,858 sqft
2022-12-01 0 days 1,887 sqft
2023-01-01 0 days 1,970 sqft
2023-02-01 0 days 1,877 sqft
2023-03-01 0 days 1,683 sqft
2023-04-01 0 days 1,754 sqft
2023-05-01 0 days 1,846 sqft
2023-06-01 0 days 1,906 sqft
2023-07-01 0 days 1,878 sqft
2023-08-01 0 days 1,980 sqft
2023-09-01 0 days 2,018 sqft
2023-10-01 0 days 2,007 sqft
2023-11-01 0 days 1,872 sqft
2023-12-01 0 days 1,873 sqft
2024-01-01 0 days 1,935 sqft
2024-02-01 0 days 1,903 sqft
2024-03-01 0 days 1,935 sqft
2024-04-01 0 days 1,905 sqft
2024-05-01 0 days 1,887 sqft
Keene's median listing age (time on market) for 2024-05-01 was 0 days.

Keene's median square footage for active listings during the 2024-05-01 period was 1,887 sqft. One year prior, the average listing was 1,846 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.