Kendallville VA Loan Rates, Closing Costs & Stats
Kendallville, 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.
Kendallville's 17 lenders originated 38 VA loans during 2023. The total origination value was $9,180,000, with an average VA loan value of $241,579.
Kendallville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Kendallville
averaged
0.42%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Kendallville's average VA mortgage closing costs are $4,458.
The average rate for the prior week (2024-11-22) was
6.99% and
one month ago for the week of 2024-10-25, the
average rate was 6.69%.
The average rate one year ago was 7.43%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.2%.
Kendallville 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 Kendallville level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
Mortgage Research Center, LLC | 9 | 6.57% | $6,274 |
RUOFF MORTGAGE COMPANY, INC. | 4 | 7.13% | $3,023 |
HALLMARK HOME MORTGAGE, LLC | 3 | 7.08% | $8,134 |
Nations Lending Corporation | 3 | 7.50% | $5,842 |
GVC MORTGAGE, INC. | 3 | 7.13% | $1,649 |
VAN DYK MORTGAGE CORPORATION | 3 | 6.63% | $4,983 |
NEWREZ LLC | 1 | 7.50% | $9,700 |
PENNYMAC LOAN SERVICES, LLC | 1 | 5.25% | $6,468 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.63% | $17,315 |
USAA Federal Savings Bank | 1 | 7.25% | $12,409 |
Capital Bank | 1 | 5.25% | $10,053 |
V.I.P. MORTGAGE, INC. | 1 | 6.63% | $8,159 |
CROSSCOUNTRY MORTGAGE, LLC | 1 | 7.25% | $13,668 |
First Merchants Bank | 1 | 7.25% | $3,359 |
LOANDEPOT.COM, LLC | 1 | 6.50% | $8,044 |
Mr. Cooper ( Nationstar Mortgage ) | 1 | 5.75% | $7,700 |
NEW DAY FINANCIAL, LLC | 1 | 7.75% | $8,765 |
The top Kendallville VA lender as defined by loan originations is Mortgage Research Center, LLC, with
9 VA loans originated. Their average total fees are
$6,274, which is $3,250
higher than the next largest lender,
RUOFF MORTGAGE COMPANY, INC..
The lowest fee Kendallville VA lenders (with over 10 loans originated) are
.
The lowest rate Kendallville VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Kendallville (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 | $135,225 (11.6%) | $187,922 (25.6%) | 0.00 | 98 |
2018-02-01 | $131,450 (7.4%) | $176,906 (16.7%) | 0.00 | 103 |
2018-03-01 | $131,250 (-4.4%) | $174,433 (7.4%) | 0.00 | 95 |
2018-04-01 | $143,400 (6.2%) | $198,548 (26.3%) | 0.00 | 103 |
2018-05-01 | $139,900 (5.8%) | $194,251 (21.1%) | 0.00 | 113 |
2018-06-01 | $148,500 (12.8%) | $206,714 (30.5%) | 0.00 | 130 |
2018-07-01 | $139,200 (11.5%) | $205,549 (33.7%) | 0.00 | 135 |
2018-08-01 | $138,800 (13.2%) | $227,618 (45.0%) | 0.00 | 130 |
2018-09-01 | $149,900 (15.6%) | $233,356 (39.3%) | 0.00 | 114 |
2018-10-01 | $149,700 (7.3%) | $231,710 (27.8%) | 0.00 | 107 |
2018-11-01 | $149,900 (7.6%) | $230,988 (27.1%) | 0.00 | 104 |
2018-12-01 | $154,450 (18.9%) | $235,503 (32.5%) | 0.00 | 97 |
2019-01-01 | $139,050 (2.8%) | $228,030 (21.3%) | 0.00 | 97 |
2019-02-01 | $137,350 (4.5%) | $244,028 (37.9%) | 0.00 | 96 |
2019-03-01 | $155,100 (18.2%) | $264,282 (51.5%) | 0.00 | 92 |
2019-04-01 | $186,050 (29.7%) | $284,185 (43.1%) | 0.00 | 90 |
2019-05-01 | $199,675 (42.7%) | $292,834 (50.8%) | 0.00 | 90 |
2019-06-01 | $199,000 (34.0%) | $278,993 (35.0%) | 0.00 | 100 |
2019-07-01 | $186,450 (33.9%) | $265,079 (29.0%) | 0.00 | 105 |
2019-08-01 | $172,191 (24.1%) | $247,488 (8.7%) | 0.00 | 119 |
2019-09-01 | $165,052 (10.1%) | $237,037 (1.6%) | 0.00 | 136 |
2019-10-01 | $160,293 (7.1%) | $230,070 (-0.7%) | 0.00 | 144 |
2019-11-01 | $156,900 (4.7%) | $235,327 (1.9%) | 0.00 | 122 |
2019-12-01 | $150,650 (-2.5%) | $222,949 (-5.3%) | 0.00 | 99 |
2020-01-01 | $141,550 (1.8%) | $237,260 (4.1%) | 0.00 | 87 |
2020-02-01 | $159,900 (16.4%) | $254,624 (4.3%) | 0.00 | 93 |
2020-03-01 | $164,900 (6.3%) | $233,500 (-11.7%) | 0.00 | 77 |
2020-04-01 | $179,675 (-3.4%) | $241,317 (-15.1%) | 0.00 | 84 |
2020-05-01 | $169,900 (-14.9%) | $246,909 (-15.7%) | 0.00 | 59 |
2020-06-01 | $164,900 (-17.1%) | $259,571 (-7.0%) | 0.00 | 57 |
2020-07-01 | $175,600 (-5.8%) | $268,011 (1.1%) | 0.00 | 50 |
2020-08-01 | $181,450 (5.4%) | $277,600 (12.2%) | 0.00 | 48 |
2020-09-01 | $177,675 (7.7%) | $260,586 (9.9%) | 0.00 | 55 |
2020-10-01 | $182,400 (13.8%) | $275,557 (19.8%) | 0.00 | 54 |
2020-11-01 | $194,750 (24.1%) | $297,576 (26.5%) | 0.00 | 50 |
2020-12-01 | $195,564 (29.8%) | $303,598 (36.2%) | 0.00 | 44 |
2021-01-01 | $225,376 (59.2%) | $304,986 (28.6%) | 0.00 | 37 |
2021-02-01 | $232,924 (45.7%) | $331,579 (30.2%) | 0.00 | 27 |
2021-03-01 | $232,900 (41.2%) | $339,684 (45.5%) | 0.00 | 23 |
2021-04-01 | $253,625 (41.2%) | $421,789 (74.8%) | 0.00 | 19 |
2021-05-01 | $177,900 (4.7%) | $300,791 (21.8%) | 0.00 | 24 |
2021-06-01 | $219,700 (33.2%) | $317,937 (22.5%) | 0.00 | 26 |
2021-07-01 | $182,450 (3.9%) | $301,870 (12.6%) | 0.00 | 32 |
2021-08-01 | $214,900 (18.4%) | $311,777 (12.3%) | 0.00 | 44 |
2021-09-01 | $242,925 (36.7%) | $351,854 (35.0%) | 0.00 | 45 |
2021-10-01 | $249,900 (37.0%) | $364,022 (32.1%) | 0.00 | 48 |
2021-11-01 | $221,475 (13.7%) | $365,632 (22.9%) | 0.00 | 44 |
2021-12-01 | $219,825 (12.4%) | $365,418 (20.4%) | 0.00 | 36 |
2022-01-01 | $194,900 (-13.5%) | $299,595 (-1.8%) | 0.00 | 34 |
2022-02-01 | $194,325 (-16.6%) | $336,335 (1.4%) | 0.00 | 26 |
2022-03-01 | $165,450 (-29.0%) | $264,907 (-22.0%) | 0.00 | 26 |
2022-04-01 | $159,900 (-37.0%) | $289,021 (-31.5%) | 0.00 | 23 |
2022-05-01 | $162,250 (-8.8%) | $259,775 (-13.6%) | 0.00 | 25 |
2022-06-01 | $208,225 (-5.2%) | $255,109 (-19.8%) | 0.00 | 36 |
2022-07-01 | $215,900 (18.3%) | $292,668 (-3.1%) | 0.00 | 50 |
2022-08-01 | $228,475 (6.3%) | $331,391 (6.3%) | 0.00 | 52 |
2022-09-01 | $258,725 (6.5%) | $376,229 (6.9%) | 0.00 | 53 |
2022-10-01 | $244,900 (-2.0%) | $383,120 (5.3%) | 0.00 | 59 |
2022-11-01 | $251,450 (13.5%) | $388,733 (6.3%) | 0.00 | 71 |
2022-12-01 | $262,400 (19.4%) | $388,925 (6.4%) | 0.00 | 65 |
2023-01-01 | $274,949 (41.1%) | $379,722 (26.8%) | 0.00 | 51 |
2023-02-01 | $273,749 (40.9%) | $367,038 (9.1%) | 0.00 | 56 |
2023-03-01 | $291,925 (76.4%) | $391,027 (47.6%) | 0.00 | 47 |
2023-04-01 | $299,900 (87.6%) | $417,593 (44.5%) | 0.00 | 53 |
2023-05-01 | $301,463 (85.8%) | $425,108 (63.6%) | 0.00 | 54 |
2023-06-01 | $318,950 (53.2%) | $422,948 (65.8%) | 0.00 | 71 |
2023-07-01 | $315,900 (46.3%) | $417,806 (42.8%) | 0.00 | 69 |
2023-08-01 | $312,450 (36.8%) | $394,942 (19.2%) | 0.00 | 62 |
2023-09-01 | $306,400 (18.4%) | $393,837 (4.7%) | 0.00 | 62 |
2023-10-01 | $290,925 (18.8%) | $361,201 (-5.7%) | 0.00 | 66 |
2023-11-01 | $271,100 (7.8%) | $338,410 (-13.0%) | 0.00 | 70 |
2023-12-01 | $269,900 (2.9%) | $338,445 (-13.0%) | 0.00 | 76 |
2024-01-01 | $271,325 (-1.3%) | $345,818 (-8.9%) | 0.00 | 69 |
2024-02-01 | $299,900 (9.6%) | $380,289 (3.6%) | 0.00 | 49 |
2024-03-01 | $315,000 (7.9%) | $397,326 (1.6%) | 0.00 | 53 |
2024-04-01 | $293,013 (-2.3%) | $363,327 (-13.0%) | 0.00 | 61 |
2024-05-01 | $302,975 (0.5%) | $352,650 (-17.0%) | 0.00 | 52 |
2024-06-01 | $293,013 (-8.1%) | $315,394 (-25.4%) | 0.00 | 44 |
2024-07-01 | $280,750 (-11.1%) | $346,169 (-17.2%) | 0.00 | 61 |
2024-08-01 | $279,400 (-10.6%) | $336,259 (-14.9%) | 0.00 | 67 |
2024-09-01 | $274,400 (-10.4%) | $322,039 (-18.2%) | 0.00 | 71 |
2024-10-01 | $282,125 (-3.0%) | $324,742 (-10.1%) | 0.00 | 79 |
Kendallville's median listing price comes in at 0% of the national average.
Kendallville's average listing price for 2024-10-01 was $324,742, a difference of $-36,459 (-10.1%) versus the prior year and $2,703 versus the prior month.
For the 2024-10-01 period, Kendallville had 79 MLS listings, a difference of 8 listings (11%) versus the prior month and 13 listings (20%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Kendallville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,585 sqft |
2018-02-01 | 0 days | 1,543 sqft |
2018-03-01 | 0 days | 1,477 sqft |
2018-04-01 | 0 days | 1,456 sqft |
2018-05-01 | 0 days | 1,523 sqft |
2018-06-01 | 0 days | 1,535 sqft |
2018-07-01 | 0 days | 1,523 sqft |
2018-08-01 | 0 days | 1,608 sqft |
2018-09-01 | 0 days | 1,733 sqft |
2018-10-01 | 0 days | 1,700 sqft |
2018-11-01 | 0 days | 1,598 sqft |
2018-12-01 | 0 days | 1,604 sqft |
2019-01-01 | 0 days | 1,574 sqft |
2019-02-01 | 0 days | 1,695 sqft |
2019-03-01 | 0 days | 1,756 sqft |
2019-04-01 | 0 days | 1,787 sqft |
2019-05-01 | 0 days | 1,881 sqft |
2019-06-01 | 0 days | 1,683 sqft |
2019-07-01 | 0 days | 1,675 sqft |
2019-08-01 | 0 days | 1,640 sqft |
2019-09-01 | 0 days | 1,617 sqft |
2019-10-01 | 0 days | 1,606 sqft |
2019-11-01 | 0 days | 1,640 sqft |
2019-12-01 | 0 days | 1,599 sqft |
2020-01-01 | 0 days | 1,588 sqft |
2020-02-01 | 0 days | 1,600 sqft |
2020-03-01 | 0 days | 1,649 sqft |
2020-04-01 | 0 days | 1,726 sqft |
2020-05-01 | 0 days | 1,558 sqft |
2020-06-01 | 0 days | 1,636 sqft |
2020-07-01 | 0 days | 1,781 sqft |
2020-08-01 | 0 days | 1,741 sqft |
2020-09-01 | 0 days | 1,681 sqft |
2020-10-01 | 0 days | 1,688 sqft |
2020-11-01 | 0 days | 1,628 sqft |
2020-12-01 | 0 days | 1,636 sqft |
2021-01-01 | 0 days | 1,697 sqft |
2021-02-01 | 0 days | 1,702 sqft |
2021-03-01 | 0 days | 1,784 sqft |
2021-04-01 | 0 days | 1,909 sqft |
2021-05-01 | 0 days | 1,616 sqft |
2021-06-01 | 0 days | 1,836 sqft |
2021-07-01 | 0 days | 1,747 sqft |
2021-08-01 | 0 days | 1,651 sqft |
2021-09-01 | 0 days | 1,752 sqft |
2021-10-01 | 0 days | 1,739 sqft |
2021-11-01 | 0 days | 1,738 sqft |
2021-12-01 | 0 days | 1,618 sqft |
2022-01-01 | 0 days | 1,660 sqft |
2022-02-01 | 0 days | 1,676 sqft |
2022-03-01 | 0 days | 1,617 sqft |
2022-04-01 | 0 days | 1,720 sqft |
2022-05-01 | 0 days | 1,602 sqft |
2022-06-01 | 0 days | 1,641 sqft |
2022-07-01 | 0 days | 1,584 sqft |
2022-08-01 | 0 days | 1,725 sqft |
2022-09-01 | 0 days | 1,835 sqft |
2022-10-01 | 0 days | 1,795 sqft |
2022-11-01 | 0 days | 1,759 sqft |
2022-12-01 | 0 days | 1,736 sqft |
2023-01-01 | 0 days | 1,691 sqft |
2023-02-01 | 0 days | 1,673 sqft |
2023-03-01 | 0 days | 1,753 sqft |
2023-04-01 | 0 days | 1,761 sqft |
2023-05-01 | 0 days | 1,772 sqft |
2023-06-01 | 0 days | 1,894 sqft |
2023-07-01 | 0 days | 2,078 sqft |
2023-08-01 | 0 days | 2,202 sqft |
2023-09-01 | 0 days | 2,020 sqft |
2023-10-01 | 0 days | 1,898 sqft |
2023-11-01 | 0 days | 1,852 sqft |
2023-12-01 | 0 days | 1,888 sqft |
2024-01-01 | 0 days | 1,844 sqft |
2024-02-01 | 0 days | 1,851 sqft |
2024-03-01 | 0 days | 1,761 sqft |
2024-04-01 | 0 days | 1,591 sqft |
2024-05-01 | 0 days | 1,739 sqft |
2024-06-01 | 0 days | 1,724 sqft |
2024-07-01 | 0 days | 1,849 sqft |
2024-08-01 | 0 days | 1,799 sqft |
2024-09-01 | 0 days | 1,799 sqft |
2024-10-01 | 0 days | 1,778 sqft |
Kendallville's median square footage for active listings during the 2024-10-01 period was 1,778 sqft. One year prior, the average listing was 1,898 sqft.