Manchester VA Loan Rates, Closing Costs & Stats

MANCHESTER-NASHUA, 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.

    Manchester's 62 lenders originated 542 VA loans during 2024. The total origination value was $254,500,000, with an average VA loan value of $469,557.

    Manchester VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Manchester averaged 6.48% for the week of 2025-04-04, compared to the national average (all VA variants) of 6.06% for the same period.

    Manchester's average VA mortgage closing costs are $6,850.

    The average rate for the prior week (2025-03-28) was 6.9% and one month ago for the week of 2025-02-28, the average rate was 6.58%.

    The average rate one year ago was 6.99%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.02%.

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

    Manchester 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 Manchester level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 83 6.21% $7,879
    UNITED WHOLESALE MORTGAGE, LLC 64 6.00% $9,033
    CMG MORTGAGE, INC. 38 6.42% $9,497
    QUICKEN LOANS, LLC 34 5.93% $13,997
    FREEDOM MORTGAGE CORPORATION 28 6.30% $11,132
    PENNYMAC LOAN SERVICES, LLC 22 5.79% $11,276
    GUARANTEED RATE, INC. 19 6.00% $5,260
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 18 6.52% $6,640
    USAA Federal Savings Bank 16 6.07% $14,788
    NAVY FEDERAL CREDIT UNION 15 5.78% $7,004
    GUILD MORTGAGE COMPANY 14 6.28% $8,524
    LOANDEPOT.COM, LLC 12 6.20% $9,843
    The Federal Savings Bank 10 5.94% $17,882
    EMM LOANS LLC 10 6.71% $9,269
    First Federal Bank 9 5.68% $8,927
    CROSSCOUNTRY MORTGAGE, LLC 9 6.48% $11,899
    NEWREZ LLC 8 6.06% $7,314
    LAKEVIEW LOAN SERVICING, LLC 7 5.80% $6,555
    NEW DAY FINANCIAL, LLC 7 7.57% $18,942
    VILLAGE CAPITAL MORTGAGE 6 5.94% $4,228
    Mr. Cooper ( Nationstar Mortgage ) 6 6.06% $20,707
    PRIMELENDING, A PLAINSCAPITAL COMPANY 6 6.33% $5,790
    MOVEMENT MORTGAGE, LLC 6 6.29% $12,843
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 5 6.35% $7,631
    Keystone Funding, Inc. 5 5.77% $5,654
    TOTAL MORTGAGE SERVICES, LLC 4 6.19% $7,236
    Leader Bank 4 6.00% $5,914
    RELIANCE FIRST CAPITAL, LLC 3 6.50% $18,467
    Barrington Bank & Trust Company, N.A. 3 6.21% $16,088
    HARBORONE MORTGAGE, LLC 3 6.21% $10,873
    MORTGAGE EQUITY PARTNERS LLC 3 6.21% $9,824
    NBKC BANK 3 6.21% $6,266
    NORTHPOINT MORTGAGE, INC. 3 6.42% $11,195
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.00% $21,822
    Flagstar Bank, FSB 2 6.17% $3,117
    Carrington Mortgage Services, LLC 2 6.00% $10,630
    BROKER SOLUTIONS, INC. 2 7.50% $11,898
    Magnolia Bank 2 5.56% $24,898
    Northpointe Bank 2 5.88% $23,016
    PLANET HOME LENDING, LLC 2 5.75% $2,686
    NEW FED MORTGAGE, CORP. 1 6.25% $4,295
    EVERETT FINANCIAL, INC. 1 6.13% $14,212
    Equity Prime Mortgage LLC 1 6.75% $17,137
    PENTAGON FEDERAL CREDIT UNION 1 6.13% $7,654
    PHH Mortgage Corporation 1 5.99% $4,250
    POLARIS HOME FUNDING CORP. 1 6.75% $28,780
    EMBRACE HOME LOANS, INC. 1 6.25% $4,218
    PROVINCE MORTGAGE ASSOCIATES, INC. 1 6.25% $13,086
    Cornerstone First Mortgage, Inc 1 5.75% $20,448
    AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $3,544
    SALEM FIVE MORTGAGE COMPANY, LLC 1 6.50% $2,809
    Service Federal Credit Union 1 5.63% $3,703
    JMAC LENDING, INC. 1 6.25% $2,977
    HOMESIDE FINANCIAL, LLC 1 7.25% $24,157
    GUARANTEED RATE AFFINITY, LLC 1 5.75% $5,906
    HANSCOM 1 6.38% $21,877
    BAY EQUITY LLC 1 6.49% $650
    FIRST MORTGAGE COMPANY, INC. 1 5.99% $20,058
    FIRST HOME MORTGAGE CORPORATION 1 7.13% $21,830
    FIRST COMMUNITY MORTGAGE, INC. 1 6.99% $11,078
    American Mortgage & Equity Consultants, Inc. 1 6.25% $0
    Evolve Bank & Trust 1 5.25% $0

    The top Manchester VA lender as defined by loan originations is Mortgage Research Center, LLC, with 83 VA loans originated. Their average total fees are $7,879, which is $1,154 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Manchester VA lenders (with over 10 loans originated) are GUARANTEED RATE, INC. ($5,260), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,640), NAVY FEDERAL CREDIT UNION ($7,004), Mortgage Research Center, LLC ($7,879) and GUILD MORTGAGE COMPANY ($8,524).

    The lowest rate Manchester VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.78%), PENNYMAC LOAN SERVICES, LLC (5.79%), QUICKEN LOANS, LLC (5.93%), The Federal Savings Bank (5.94%) and GUARANTEED RATE, INC. (6.00%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Manchester (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 $329,475 (-0.1%) $373,011 (-1.6%) 1.22 816
    2018-02-01 $339,884 (2.2%) $384,378 (0.9%) 1.23 751
    2018-03-01 $349,900 (3.1%) $396,644 (0.9%) 1.23 757
    2018-04-01 $349,450 (3.9%) $396,393 (0.7%) 1.18 834
    2018-05-01 $349,450 (2.8%) $402,869 (2.7%) 1.17 940
    2018-06-01 $339,900 (-0.4%) $400,232 (1.3%) 1.13 1,060
    2018-07-01 $339,418 (-0.1%) $398,231 (1.5%) 1.13 1,143
    2018-08-01 $334,913 (1.5%) $392,808 (3.4%) 1.12 1,162
    2018-09-01 $338,900 (2.7%) $391,182 (-0.5%) 1.14 1,207
    2018-10-01 $337,450 (2.3%) $394,024 (1.7%) 1.14 1,181
    2018-11-01 $334,900 (2.0%) $391,246 (4.7%) 1.14 1,102
    2018-12-01 $347,000 (6.8%) $393,217 (5.3%) 1.20 932
    2019-01-01 $349,450 (6.1%) $396,223 (6.2%) 1.21 775
    2019-02-01 $358,588 (5.5%) $403,509 (5.0%) 1.21 689
    2019-03-01 $363,800 (4.0%) $422,019 (6.4%) 1.19 723
    2019-04-01 $365,000 (4.5%) $429,327 (8.3%) 1.16 765
    2019-05-01 $365,000 (4.5%) $429,912 (6.7%) 1.14 866
    2019-06-01 $362,700 (6.7%) $429,792 (7.4%) 1.13 920
    2019-07-01 $364,950 (7.5%) $429,049 (7.7%) 1.14 1,002
    2019-08-01 $360,077 (7.5%) $421,935 (7.4%) 1.14 995
    2019-09-01 $352,693 (4.1%) $411,583 (5.2%) 1.13 985
    2019-10-01 $349,245 (3.5%) $408,874 (3.8%) 1.13 979
    2019-11-01 $354,900 (6.0%) $418,515 (7.0%) 1.16 888
    2019-12-01 $359,700 (3.7%) $427,163 (8.6%) 1.20 707
    2020-01-01 $367,425 (5.1%) $429,573 (8.4%) 1.23 599
    2020-02-01 $378,400 (5.5%) $442,929 (9.8%) 1.24 533
    2020-03-01 $382,450 (5.1%) $444,803 (5.4%) 1.20 581
    2020-04-01 $386,400 (5.9%) $444,723 (3.6%) 1.21 602
    2020-05-01 $397,575 (8.9%) $455,212 (5.9%) 1.21 600
    2020-06-01 $394,900 (8.9%) $468,574 (9.0%) 1.16 614
    2020-07-01 $407,700 (11.7%) $488,094 (13.8%) 1.18 517
    2020-08-01 $399,900 (11.1%) $479,443 (13.6%) 1.15 512
    2020-09-01 $374,950 (6.3%) $459,523 (11.7%) 1.07 538
    2020-10-01 $375,000 (7.4%) $459,955 (12.5%) 1.07 497
    2020-11-01 $382,400 (7.8%) $479,482 (14.6%) 1.12 396
    2020-12-01 $396,413 (10.2%) $489,812 (14.7%) 1.18 301
    2021-01-01 $399,900 (8.8%) $521,647 (21.4%) 1.19 232
    2021-02-01 $399,900 (5.7%) $513,704 (16.0%) 1.16 217
    2021-03-01 $394,950 (3.3%) $507,609 (14.1%) 1.12 257
    2021-04-01 $399,900 (3.5%) $504,434 (13.4%) 1.08 268
    2021-05-01 $409,900 (3.1%) $513,562 (12.8%) 1.09 285
    2021-06-01 $407,450 (3.2%) $493,617 (5.3%) 1.07 383
    2021-07-01 $409,000 (0.3%) $469,670 (-3.8%) 1.08 427
    2021-08-01 $400,000 (0.0%) $479,335 (0.0%) 1.07 432
    2021-09-01 $416,625 (11.1%) $496,926 (8.1%) 1.11 439
    2021-10-01 $419,900 (12.0%) $497,195 (8.1%) 1.12 394
    2021-11-01 $414,950 (8.5%) $488,845 (2.0%) 1.11 295
    2021-12-01 $441,975 (11.5%) $523,511 (6.9%) 1.20 193
    2022-01-01 $449,900 (12.5%) $552,742 (6.0%) 1.22 172
    2022-02-01 $449,163 (12.3%) $565,902 (10.2%) 1.17 162
    2022-03-01 $459,250 (16.3%) $569,134 (12.1%) 1.15 166
    2022-04-01 $447,450 (11.9%) $538,412 (6.7%) 1.07 240
    2022-05-01 $444,500 (8.4%) $533,170 (3.8%) 1.02 312
    2022-06-01 $479,950 (17.8%) $561,137 (13.7%) 1.07 389
    2022-07-01 $499,000 (22.0%) $592,693 (26.2%) 1.12 413
    2022-08-01 $486,600 (21.7%) $593,163 (23.8%) 1.12 416
    2022-09-01 $492,225 (18.2%) $609,673 (22.7%) 1.15 402
    2022-10-01 $499,000 (18.8%) $617,960 (24.3%) 1.17 404
    2022-11-01 $492,000 (18.6%) $611,960 (25.2%) 1.18 398
    2022-12-01 $499,000 (12.9%) $621,820 (18.8%) 1.23 304
    2023-01-01 $541,725 (20.4%) $637,461 (15.3%) 1.34 253
    2023-02-01 $562,200 (25.2%) $657,536 (16.2%) 1.36 226
    2023-03-01 $549,900 (19.7%) $648,732 (14.0%) 1.30 234
    2023-04-01 $532,500 (19.0%) $645,608 (19.9%) 1.24 248
    2023-05-01 $522,500 (17.6%) $621,878 (16.6%) 1.18 290
    2023-06-01 $534,225 (11.3%) $623,462 (11.1%) 1.20 316
    2023-07-01 $539,000 (8.0%) $647,979 (9.3%) 1.23 340
    2023-08-01 $557,200 (14.5%) $670,263 (13.0%) 1.28 319
    2023-09-01 $535,000 (8.7%) $642,667 (5.4%) 1.25 361
    2023-10-01 $523,700 (5.0%) $651,291 (5.4%) 1.23 374
    2023-11-01 $520,450 (5.8%) $663,518 (8.4%) 1.24 358
    2023-12-01 $549,900 (10.2%) $683,463 (9.9%) 1.34 274
    2024-01-01 $565,000 (4.3%) $656,276 (3.0%) 1.38 224
    2024-02-01 $572,200 (1.8%) $721,912 (9.8%) 1.38 222
    2024-03-01 $549,900 (0.0%) $726,804 (12.0%) 1.29 209
    2024-04-01 $577,450 (8.4%) $734,215 (13.7%) 1.34 251
    2024-05-01 $611,950 (17.1%) $761,150 (22.4%) 1.39 285
    2024-06-01 $564,950 (5.8%) $696,536 (11.7%) 1.28 346
    2024-07-01 $549,625 (2.0%) $696,397 (7.5%) 1.26 355
    2024-08-01 $550,000 (-1.3%) $705,199 (5.2%) 1.28 383
    2024-09-01 $563,475 (5.3%) $706,503 (9.9%) 1.33 394
    2024-10-01 $572,450 (9.3%) $712,777 (9.4%) 1.35 383
    2024-11-01 $557,000 (7.0%) $697,794 (5.2%) 1.34 350
    2024-12-01 $557,000 (1.3%) $680,035 (-0.5%) 1.38 294
    2025-01-01 $578,975 (2.5%) $692,658 (5.5%) 1.45 251
    2025-02-01 $576,225 (0.7%) $698,254 (-3.3%) 1.40 228
    2025-03-01 $564,900 (2.7%) $695,899 (-4.3%) 0.00 269
    Manchester's median listing price for 2025-03-01 was $564,900, a difference of $15,000 (2.7%) versus the prior year and $-11,325 versus the prior month.

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

    Manchester's average listing price for 2025-03-01 was $695,899, a difference of $-30,905 (-4.3%) versus the prior year and $-2,355 versus the prior month.

    For the 2025-03-01 period, Manchester had 269 MLS listings, a difference of 41 listings (18%) versus the prior month and 60 listings (29%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Manchester (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 82 days 1,925 sqft
    2018-02-01 73 days 1,972 sqft
    2018-03-01 51 days 2,050 sqft
    2018-04-01 38 days 2,074 sqft
    2018-05-01 36 days 2,106 sqft
    2018-06-01 37 days 2,096 sqft
    2018-07-01 42 days 2,092 sqft
    2018-08-01 47 days 2,064 sqft
    2018-09-01 51 days 2,070 sqft
    2018-10-01 51 days 2,107 sqft
    2018-11-01 58 days 2,080 sqft
    2018-12-01 72 days 2,075 sqft
    2019-01-01 76 days 2,013 sqft
    2019-02-01 74 days 2,047 sqft
    2019-03-01 50 days 2,098 sqft
    2019-04-01 36 days 2,124 sqft
    2019-05-01 33 days 2,136 sqft
    2019-06-01 33 days 2,133 sqft
    2019-07-01 39 days 2,191 sqft
    2019-08-01 44 days 2,151 sqft
    2019-09-01 47 days 2,088 sqft
    2019-10-01 49 days 2,040 sqft
    2019-11-01 57 days 2,016 sqft
    2019-12-01 68 days 2,043 sqft
    2020-01-01 76 days 2,015 sqft
    2020-02-01 60 days 2,016 sqft
    2020-03-01 34 days 2,036 sqft
    2020-04-01 42 days 2,027 sqft
    2020-05-01 48 days 2,060 sqft
    2020-06-01 36 days 2,081 sqft
    2020-07-01 39 days 2,132 sqft
    2020-08-01 30 days 2,076 sqft
    2020-09-01 25 days 1,930 sqft
    2020-10-01 30 days 1,954 sqft
    2020-11-01 38 days 1,931 sqft
    2020-12-01 50 days 1,921 sqft
    2021-01-01 47 days 1,884 sqft
    2021-02-01 27 days 1,865 sqft
    2021-03-01 10 days 1,905 sqft
    2021-04-01 9 days 1,952 sqft
    2021-05-01 9 days 1,998 sqft
    2021-06-01 11 days 1,949 sqft
    2021-07-01 16 days 1,956 sqft
    2021-08-01 18 days 1,890 sqft
    2021-09-01 19 days 1,935 sqft
    2021-10-01 24 days 1,921 sqft
    2021-11-01 28 days 1,854 sqft
    2021-12-01 36 days 1,908 sqft
    2022-01-01 28 days 1,816 sqft
    2022-02-01 10 days 1,898 sqft
    2022-03-01 8 days 1,955 sqft
    2022-04-01 8 days 1,956 sqft
    2022-05-01 9 days 1,976 sqft
    2022-06-01 11 days 1,988 sqft
    2022-07-01 18 days 2,100 sqft
    2022-08-01 24 days 2,043 sqft
    2022-09-01 29 days 2,081 sqft
    2022-10-01 26 days 2,106 sqft
    2022-11-01 33 days 2,076 sqft
    2022-12-01 43 days 2,044 sqft
    2023-01-01 45 days 2,088 sqft
    2023-02-01 38 days 2,020 sqft
    2023-03-01 28 days 2,023 sqft
    2023-04-01 17 days 2,013 sqft
    2023-05-01 11 days 2,008 sqft
    2023-06-01 17 days 1,991 sqft
    2023-07-01 22 days 2,082 sqft
    2023-08-01 26 days 2,053 sqft
    2023-09-01 24 days 2,055 sqft
    2023-10-01 24 days 2,025 sqft
    2023-11-01 31 days 2,050 sqft
    2023-12-01 43 days 2,100 sqft
    2024-01-01 44 days 2,096 sqft
    2024-02-01 23 days 1,962 sqft
    2024-03-01 19 days 1,968 sqft
    2024-04-01 14 days 1,957 sqft
    2024-05-01 16 days 2,075 sqft
    2024-06-01 16 days 2,039 sqft
    2024-07-01 21 days 2,095 sqft
    2024-08-01 23 days 2,052 sqft
    2024-09-01 25 days 2,016 sqft
    2024-10-01 28 days 2,024 sqft
    2024-11-01 42 days 2,035 sqft
    2024-12-01 48 days 1,977 sqft
    2025-01-01 46 days 2,044 sqft
    2025-02-01 39 days 2,057 sqft
    2025-03-01 0 days 2,019 sqft
    Manchester's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Manchester's median square footage for active listings during the 2025-03-01 period was 2,019 sqft. One year prior, the average listing was 1,968 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.