Laconia VA Loan Rates, Closing Costs & Stats

Laconia, NH

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    • 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.

    Laconia's 29 lenders originated 73 VA loans during 2023. The total origination value was $27,975,000, with an average VA loan value of $383,219.

    Laconia VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Laconia averaged 6.41% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Laconia's average VA mortgage closing costs are $6,050.

    The average rate for the prior week (2024-12-06) was 6.44% and one month ago for the week of 2024-11-08, the average rate was 6.74%.

    The average rate one year ago was 6.98%.

    For refis of the same type during the week of 2024-12-13, the average rate was 5.88%.

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

    Laconia 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 Laconia level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 15 6.77% $7,019
    CMG MORTGAGE, INC. 8 6.81% $7,736
    QUICKEN LOANS, LLC 5 6.04% $13,601
    GUILD MORTGAGE COMPANY 4 6.25% $13,495
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.75% $8,745
    FREEDOM MORTGAGE CORPORATION 3 6.29% $17,976
    NAVY FEDERAL CREDIT UNION 3 5.42% $11,587
    UNITED WHOLESALE MORTGAGE, LLC 3 6.68% $6,295
    PENNYMAC LOAN SERVICES, LLC 2 4.87% $19,570
    NEW DAY FINANCIAL, LLC 2 7.18% $17,073
    LOANDEPOT.COM, LLC 1 6.25% $8,093
    Mr. Cooper ( Nationstar Mortgage ) 1 5.75% $10,189
    NBKC BANK 1 5.63% $792
    NORTHPOINT MORTGAGE, INC. 1 6.75% $3,814
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.88% $4,882
    RELIANCE FIRST CAPITAL, LLC 1 5.63% $13,106
    SUN WEST MORTGAGE COMPANY, INC. 1 6.62% $12,557
    The Federal Savings Bank 1 6.13% $2,266
    ACADEMY MORTGAGE CORPORATION 1 6.99% $3,100
    Waterstone Mortgage Corporation 1 5.88% $2,256
    AMCAP MORTGAGE, LTD. 1 6.75% $17,453
    Barrington Bank & Trust Company, N.A. 1 5.25% $7,958
    Citizens Bank 1 5.63% $4,989
    CROSSCOUNTRY MORTGAGE, LLC 1 5.75% $14,458
    EMBRACE HOME LOANS, INC. 1 6.13% $13,664
    ENVOY MORTGAGE, LTD 1 6.63% $12,068
    EVERETT FINANCIAL, INC. 1 6.75% $4,444
    First Savings Bank 1 5.25% $4,245
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.50% $14,108

    The top Laconia VA lender as defined by loan originations is Mortgage Research Center, LLC, with 15 VA loans originated. Their average total fees are $7,019, which is $716 lower than the next largest lender, CMG MORTGAGE, INC..

    The lowest fee Laconia VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,019), .

    The lowest rate Laconia VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.77%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Laconia (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 $279,900 (3.7%) $539,723 (-16.1%) 0.00 331
    2018-02-01 $299,900 (11.1%) $558,764 (-12.2%) 0.00 319
    2018-03-01 $299,900 (11.1%) $560,194 (-12.8%) 0.00 334
    2018-04-01 $309,450 (14.6%) $572,743 (-8.8%) 0.00 382
    2018-05-01 $317,950 (15.8%) $657,523 (7.4%) 0.00 465
    2018-06-01 $329,900 (14.6%) $646,106 (5.1%) 0.00 523
    2018-07-01 $332,500 (12.8%) $613,644 (1.5%) 0.00 559
    2018-08-01 $329,900 (10.3%) $617,666 (3.9%) 0.00 546
    2018-09-01 $319,000 (6.4%) $588,885 (4.2%) 0.00 567
    2018-10-01 $313,150 (4.4%) $581,115 (-0.4%) 0.00 552
    2018-11-01 $302,400 (0.9%) $579,115 (-4.6%) 0.00 494
    2018-12-01 $299,000 (0.0%) $591,576 (-2.2%) 0.00 422
    2019-01-01 $299,900 (7.2%) $608,541 (12.8%) 0.00 366
    2019-02-01 $299,900 (0.0%) $557,342 (-0.3%) 0.00 337
    2019-03-01 $304,186 (1.4%) $564,294 (0.7%) 0.00 344
    2019-04-01 $314,450 (1.6%) $590,479 (3.1%) 0.00 362
    2019-05-01 $336,950 (6.0%) $625,965 (-4.8%) 0.00 409
    2019-06-01 $334,000 (1.2%) $574,469 (-11.1%) 0.00 458
    2019-07-01 $325,750 (-2.0%) $548,224 (-10.7%) 0.00 514
    2019-08-01 $325,000 (-1.5%) $551,757 (-10.7%) 0.00 508
    2019-09-01 $325,000 (1.9%) $555,025 (-5.8%) 0.00 486
    2019-10-01 $327,000 (4.4%) $557,204 (-4.1%) 0.00 462
    2019-11-01 $324,900 (7.4%) $522,506 (-9.8%) 0.00 384
    2019-12-01 $317,400 (6.2%) $518,350 (-12.4%) 0.00 288
    2020-01-01 $307,400 (2.5%) $560,413 (-7.9%) 0.00 240
    2020-02-01 $314,450 (4.9%) $573,569 (2.9%) 0.00 213
    2020-03-01 $295,750 (-2.8%) $534,751 (-5.2%) 0.00 236
    2020-04-01 $299,974 (-4.6%) $528,327 (-10.5%) 0.00 280
    2020-05-01 $322,500 (-4.3%) $592,913 (-5.3%) 0.00 261
    2020-06-01 $359,450 (7.6%) $643,573 (12.0%) 0.00 231
    2020-07-01 $377,000 (15.7%) $774,214 (41.2%) 0.00 196
    2020-08-01 $375,000 (15.4%) $753,098 (36.5%) 0.00 193
    2020-09-01 $365,250 (12.4%) $638,756 (15.1%) 0.00 193
    2020-10-01 $364,500 (11.5%) $620,655 (11.4%) 0.00 191
    2020-11-01 $344,500 (6.0%) $579,888 (11.0%) 0.00 172
    2020-12-01 $339,000 (6.8%) $568,656 (9.7%) 0.00 129
    2021-01-01 $332,000 (8.0%) $479,605 (-14.4%) 0.00 92
    2021-02-01 $342,450 (8.9%) $520,744 (-9.2%) 0.00 77
    2021-03-01 $397,175 (34.3%) $655,693 (22.6%) 0.00 90
    2021-04-01 $399,900 (33.3%) $665,481 (26.0%) 0.00 109
    2021-05-01 $425,000 (31.8%) $683,918 (15.4%) 0.00 127
    2021-06-01 $446,175 (24.1%) $694,943 (8.0%) 0.00 145
    2021-07-01 $449,900 (19.3%) $688,879 (-11.0%) 0.00 167
    2021-08-01 $442,413 (18.0%) $707,959 (-6.0%) 0.00 182
    2021-09-01 $444,675 (21.8%) $726,822 (13.8%) 0.00 167
    2021-10-01 $429,950 (18.0%) $722,510 (16.4%) 0.00 157
    2021-11-01 $429,450 (24.7%) $735,103 (26.8%) 0.00 138
    2021-12-01 $432,450 (27.6%) $838,308 (47.4%) 0.00 101
    2022-01-01 $434,900 (31.0%) $873,190 (82.1%) 0.00 77
    2022-02-01 $469,950 (37.2%) $946,247 (81.7%) 0.00 68
    2022-03-01 $480,000 (20.9%) $937,536 (43.0%) 0.00 64
    2022-04-01 $505,000 (26.3%) $892,425 (34.1%) 0.00 90
    2022-05-01 $536,200 (26.2%) $810,001 (18.4%) 0.00 131
    2022-06-01 $587,450 (31.7%) $826,843 (19.0%) 0.00 173
    2022-07-01 $550,000 (22.3%) $983,960 (42.8%) 0.00 216
    2022-08-01 $561,175 (26.8%) $976,087 (37.9%) 0.00 210
    2022-09-01 $562,000 (26.4%) $1,033,218 (42.2%) 0.00 199
    2022-10-01 $529,950 (23.3%) $1,010,160 (39.8%) 0.00 209
    2022-11-01 $527,500 (22.8%) $997,324 (35.7%) 0.00 200
    2022-12-01 $524,950 (21.4%) $1,062,579 (26.8%) 0.00 151
    2023-01-01 $591,725 (36.1%) $1,256,400 (43.9%) 0.00 110
    2023-02-01 $599,450 (27.6%) $1,350,117 (42.7%) 0.00 112
    2023-03-01 $609,900 (27.1%) $1,298,291 (38.5%) 0.00 109
    2023-04-01 $609,000 (20.6%) $1,176,281 (31.8%) 0.00 111
    2023-05-01 $654,900 (22.1%) $1,184,164 (46.2%) 0.00 141
    2023-06-01 $612,450 (4.3%) $1,088,917 (31.7%) 0.00 149
    2023-07-01 $649,000 (18.0%) $1,039,646 (5.7%) 0.00 159
    2023-08-01 $596,200 (6.2%) $1,003,609 (2.8%) 0.00 181
    2023-09-01 $629,900 (12.1%) $1,037,642 (0.4%) 0.00 201
    2023-10-01 $585,950 (10.6%) $1,039,741 (2.9%) 0.00 211
    2023-11-01 $595,000 (12.8%) $1,070,604 (7.4%) 0.00 199
    2023-12-01 $544,950 (3.8%) $899,026 (-15.4%) 0.00 185
    2024-01-01 $566,800 (-4.2%) $897,174 (-28.6%) 0.00 144
    2024-02-01 $594,825 (-0.8%) $968,710 (-28.3%) 0.00 133
    2024-03-01 $624,950 (2.5%) $1,051,687 (-19.0%) 0.00 133
    2024-04-01 $628,725 (3.2%) $978,415 (-16.8%) 0.00 140
    2024-05-01 $650,000 (-0.8%) $992,329 (-16.2%) 0.00 189
    2024-06-01 $650,000 (6.1%) $934,142 (-14.2%) 0.00 237
    2024-07-01 $597,450 (-7.9%) $812,773 (-21.8%) 0.00 270
    2024-08-01 $599,450 (0.6%) $846,233 (-15.7%) 0.00 276
    2024-09-01 $630,750 (0.1%) $880,732 (-15.1%) 0.00 275
    2024-10-01 $631,250 (7.7%) $858,297 (-17.5%) 0.00 278
    2024-11-01 $642,400 (8.0%) $868,190 (-18.9%) 0.00 221
    Laconia's median listing price for 2024-11-01 was $642,400, a difference of $47,400 (8.0%) versus the prior year and $11,150 versus the prior month.

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

    Laconia's average listing price for 2024-11-01 was $868,190, a difference of $-202,414 (-18.9%) versus the prior year and $9,893 versus the prior month.

    For the 2024-11-01 period, Laconia had 221 MLS listings, a difference of -57 listings (-21%) versus the prior month and 22 listings (11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Laconia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,903 sqft
    2018-02-01 0 days 1,908 sqft
    2018-03-01 0 days 1,849 sqft
    2018-04-01 0 days 1,833 sqft
    2018-05-01 0 days 1,852 sqft
    2018-06-01 0 days 1,917 sqft
    2018-07-01 0 days 1,933 sqft
    2018-08-01 0 days 1,935 sqft
    2018-09-01 0 days 1,907 sqft
    2018-10-01 0 days 1,862 sqft
    2018-11-01 0 days 1,843 sqft
    2018-12-01 0 days 1,850 sqft
    2019-01-01 0 days 1,803 sqft
    2019-02-01 0 days 1,836 sqft
    2019-03-01 0 days 1,807 sqft
    2019-04-01 0 days 1,803 sqft
    2019-05-01 0 days 1,910 sqft
    2019-06-01 0 days 1,916 sqft
    2019-07-01 0 days 1,858 sqft
    2019-08-01 0 days 1,897 sqft
    2019-09-01 0 days 1,915 sqft
    2019-10-01 0 days 1,926 sqft
    2019-11-01 0 days 1,872 sqft
    2019-12-01 0 days 1,862 sqft
    2020-01-01 0 days 1,824 sqft
    2020-02-01 0 days 1,807 sqft
    2020-03-01 0 days 1,780 sqft
    2020-04-01 0 days 1,790 sqft
    2020-05-01 0 days 1,784 sqft
    2020-06-01 0 days 1,854 sqft
    2020-07-01 0 days 1,993 sqft
    2020-08-01 0 days 1,912 sqft
    2020-09-01 0 days 1,853 sqft
    2020-10-01 0 days 1,863 sqft
    2020-11-01 0 days 1,800 sqft
    2020-12-01 0 days 1,660 sqft
    2021-01-01 0 days 1,534 sqft
    2021-02-01 0 days 1,633 sqft
    2021-03-01 0 days 1,860 sqft
    2021-04-01 0 days 1,879 sqft
    2021-05-01 0 days 1,814 sqft
    2021-06-01 0 days 1,868 sqft
    2021-07-01 0 days 1,952 sqft
    2021-08-01 0 days 1,958 sqft
    2021-09-01 0 days 1,845 sqft
    2021-10-01 0 days 1,836 sqft
    2021-11-01 0 days 1,784 sqft
    2021-12-01 0 days 1,837 sqft
    2022-01-01 0 days 1,800 sqft
    2022-02-01 0 days 1,919 sqft
    2022-03-01 0 days 1,905 sqft
    2022-04-01 0 days 1,873 sqft
    2022-05-01 0 days 1,772 sqft
    2022-06-01 0 days 1,870 sqft
    2022-07-01 0 days 1,824 sqft
    2022-08-01 0 days 1,847 sqft
    2022-09-01 0 days 1,842 sqft
    2022-10-01 0 days 1,920 sqft
    2022-11-01 0 days 1,910 sqft
    2022-12-01 0 days 1,860 sqft
    2023-01-01 0 days 1,990 sqft
    2023-02-01 0 days 1,959 sqft
    2023-03-01 0 days 2,010 sqft
    2023-04-01 0 days 1,977 sqft
    2023-05-01 0 days 1,921 sqft
    2023-06-01 0 days 1,902 sqft
    2023-07-01 0 days 1,902 sqft
    2023-08-01 0 days 1,818 sqft
    2023-09-01 0 days 2,000 sqft
    2023-10-01 0 days 1,981 sqft
    2023-11-01 0 days 1,901 sqft
    2023-12-01 0 days 1,811 sqft
    2024-01-01 0 days 1,864 sqft
    2024-02-01 0 days 1,966 sqft
    2024-03-01 0 days 2,000 sqft
    2024-04-01 0 days 1,974 sqft
    2024-05-01 0 days 1,898 sqft
    2024-06-01 0 days 1,844 sqft
    2024-07-01 0 days 1,793 sqft
    2024-08-01 0 days 1,714 sqft
    2024-09-01 0 days 1,732 sqft
    2024-10-01 0 days 1,728 sqft
    2024-11-01 0 days 1,735 sqft
    Laconia's median listing age (time on market) for 2024-11-01 was 0 days.

    Laconia's median square footage for active listings during the 2024-11-01 period was 1,735 sqft. One year prior, the average listing was 1,901 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.