Maysville VA Loan Rates, Closing Costs & Stats

Maysville, KY

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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.

    Maysville's 8 lenders originated 13 VA loans during 2023. The total origination value was $3,175,000, with an average VA loan value of $244,231.

    Maysville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Maysville averaged 6.81% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Maysville's average VA mortgage closing costs are $5,273.

    The average rate for the prior week (2024-12-06) was 6.74% and one month ago for the week of 2024-11-08, the average rate was 7.04%.

    The average rate one year ago was 7.29%.

    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.

    Maysville 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 Maysville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    PENNYMAC LOAN SERVICES, LLC 3 6.75% $9,143
    QUICKEN LOANS, LLC 2 6.88% $14,284
    Equity Prime Mortgage LLC 2 7.44% $4,657
    Mortgage Research Center, LLC 1 7.13% $1,945
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.62% $0
    U.S. Bank 1 6.75% $7,864
    DAS Acquisition Company, LLC 1 7.25% $6,347
    JPMorgan Chase Bank 1 7.25% $10,608

    The top Maysville VA lender as defined by loan originations is PENNYMAC LOAN SERVICES, LLC, with 3 VA loans originated. Their average total fees are $9,143, which is $5,141 lower than the next largest lender, QUICKEN LOANS, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Maysville (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 $135,000 (150.0%) $126,869 (113.7%) 0.00 13
    2018-02-01 $132,450 (72.6%) $131,353 (88.6%) 0.00 14
    2018-03-01 $135,000 (131.8%) $134,738 (68.8%) 0.00 13
    2018-04-01 $106,250 (23.3%) $126,324 (-17.4%) 0.00 15
    2018-05-01 $92,850 (7.7%) $168,784 (10.5%) 0.00 18
    2018-06-01 $140,000 (-28.9%) $186,330 (-20.3%) 0.00 20
    2018-07-01 $155,500 (-25.6%) $245,727 (15.6%) 0.00 22
    2018-08-01 $147,250 (-29.6%) $232,375 (7.7%) 0.00 24
    2018-09-01 $132,000 (-33.9%) $210,424 (-2.8%) 0.00 26
    2018-10-01 $130,475 (-5.4%) $209,072 (34.0%) 0.00 26
    2018-11-01 $135,475 (3.8%) $204,838 (52.8%) 0.00 26
    2018-12-01 $139,000 (0.8%) $205,026 (55.7%) 0.00 23
    2019-01-01 $127,975 (-5.2%) $189,092 (49.0%) 0.00 22
    2019-02-01 $105,750 (-20.2%) $177,853 (35.4%) 0.00 21
    2019-03-01 $88,100 (-34.7%) $163,539 (21.4%) 0.00 19
    2019-04-01 $82,350 (-22.5%) $160,413 (27.0%) 0.00 19
    2019-05-01 $92,250 (-0.7%) $157,402 (-6.7%) 0.00 17
    2019-06-01 $98,000 (-30.0%) $159,460 (-14.4%) 0.00 19
    2019-07-01 $103,200 (-33.6%) $164,297 (-33.1%) 0.00 22
    2019-08-01 $83,364 (-43.4%) $154,628 (-33.5%) 0.00 19
    2019-09-01 $78,659 (-40.4%) $148,802 (-29.3%) 0.00 18
    2019-10-01 $75,523 (-42.1%) $149,924 (-28.3%) 0.00 17
    2019-11-01 $142,000 (4.8%) $185,450 (-9.5%) 0.00 16
    2019-12-01 $175,000 (25.9%) $200,370 (-2.3%) 0.00 15
    2020-01-01 $119,475 (-6.6%) $212,710 (12.5%) 0.00 22
    2020-02-01 $129,000 (22.0%) $221,967 (24.8%) 0.00 21
    2020-03-01 $124,500 (41.3%) $196,946 (20.4%) 0.00 24
    2020-04-01 $125,625 (52.6%) $196,579 (22.6%) 0.00 24
    2020-05-01 $139,900 (51.7%) $210,062 (33.5%) 0.00 20
    2020-06-01 $119,500 (21.9%) $229,483 (43.9%) 0.00 15
    2020-07-01 $122,000 (18.2%) $246,046 (49.8%) 0.00 13
    2020-08-01 $184,500 (121.3%) $314,591 (103.5%) 0.00 11
    2020-09-01 $191,500 (143.5%) $320,690 (115.5%) 0.00 10
    2020-10-01 $179,900 (138.2%) $336,533 (124.5%) 0.00 9
    2020-11-01 $179,950 (26.7%) $340,589 (83.7%) 0.00 8
    2020-12-01 $220,000 (25.7%) $421,343 (110.3%) 0.00 7
    2021-01-01 $180,000 (50.7%) $356,531 (67.6%) 0.00 7
    2021-02-01 $187,250 (45.2%) $368,114 (65.8%) 0.00 7
    2021-03-01 $224,950 (80.7%) $379,479 (92.7%) 0.00 6
    2021-04-01 $233,725 (86.1%) $352,419 (79.3%) 0.00 8
    2021-05-01 $227,450 (62.6%) $337,800 (60.8%) 0.00 10
    2021-06-01 $224,900 (88.2%) $335,055 (46.0%) 0.00 11
    2021-07-01 $250,000 (104.9%) $249,863 (1.6%) 0.00 10
    2021-08-01 $199,500 (8.1%) $318,610 (1.3%) 0.00 11
    2021-09-01 $159,725 (-16.6%) $263,626 (-17.8%) 0.00 13
    2021-10-01 $154,900 (-13.9%) $303,972 (-9.7%) 0.00 8
    2021-11-01 $198,425 (10.3%) $313,947 (-7.8%) 0.00 11
    2021-12-01 $229,000 (4.1%) $332,680 (-21.0%) 0.00 9
    2022-01-01 $199,900 (11.1%) $295,527 (-17.1%) 0.00 10
    2022-02-01 $194,250 (3.7%) $266,281 (-27.7%) 0.00 12
    2022-03-01 $163,200 (-27.5%) $235,933 (-37.8%) 0.00 12
    2022-04-01 $151,200 (-35.3%) $232,925 (-33.9%) 0.00 11
    2022-05-01 $124,125 (-45.4%) $218,512 (-35.3%) 0.00 14
    2022-06-01 $130,600 (-41.9%) $253,732 (-24.3%) 0.00 15
    2022-07-01 $159,000 (-36.4%) $277,939 (11.2%) 0.00 15
    2022-08-01 $176,175 (-11.7%) $222,595 (-30.1%) 0.00 16
    2022-09-01 $156,150 (-2.2%) $230,792 (-12.5%) 0.00 14
    2022-10-01 $179,000 (15.6%) $323,833 (6.5%) 0.00 18
    2022-11-01 $174,450 (-12.1%) $251,518 (-19.9%) 0.00 17
    2022-12-01 $205,000 (-10.5%) $273,613 (-17.8%) 0.00 15
    2023-01-01 $184,900 (-7.5%) $237,659 (-19.6%) 0.00 17
    2023-02-01 $172,400 (-11.3%) $224,218 (-15.8%) 0.00 17
    2023-03-01 $153,475 (-6.0%) $246,047 (4.3%) 0.00 14
    2023-04-01 $92,500 (-38.8%) $170,186 (-26.9%) 0.00 15
    2023-05-01 $105,000 (-15.4%) $223,541 (2.3%) 0.00 14
    2023-06-01 $167,500 (28.3%) $217,573 (-14.3%) 0.00 12
    2023-07-01 $167,500 (5.4%) $206,629 (-25.7%) 0.00 11
    2023-08-01 $201,925 (14.6%) $232,108 (4.3%) 0.00 12
    2023-09-01 $184,900 (18.4%) $227,873 (-1.3%) 0.00 10
    2023-10-01 $187,450 (4.7%) $234,831 (-27.5%) 0.00 8
    2023-11-01 $261,100 (49.7%) $273,037 (8.6%) 0.00 12
    2023-12-01 $242,450 (18.3%) $271,740 (-0.7%) 0.00 11
    2024-01-01 $182,450 (-1.3%) $259,143 (9.0%) 0.00 10
    2024-02-01 $157,450 (-8.7%) $213,238 (-4.9%) 0.00 10
    2024-03-01 $159,500 (3.9%) $212,098 (-13.8%) 0.00 12
    2024-04-01 $125,750 (36.0%) $129,669 (-23.8%) 0.00 12
    2024-05-01 $94,950 (-9.6%) $128,023 (-42.7%) 0.00 14
    2024-06-01 $114,900 (-31.4%) $116,390 (-46.5%) 0.00 12
    2024-07-01 $127,000 (-24.2%) $210,564 (1.9%) 0.00 13
    2024-08-01 $204,950 (1.5%) $299,781 (29.2%) 0.00 15
    2024-09-01 $215,000 (16.3%) $344,373 (51.1%) 0.00 18
    2024-10-01 $209,075 (11.5%) $299,598 (27.6%) 0.00 21
    2024-11-01 $208,900 (-20.0%) $295,679 (8.3%) 0.00 19
    Maysville's median listing price for 2024-11-01 was $208,900, a difference of $-52,200 (-20.0%) versus the prior year and $-175 versus the prior month.

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

    Maysville's average listing price for 2024-11-01 was $295,679, a difference of $22,642 (8.3%) versus the prior year and $-3,919 versus the prior month.

    For the 2024-11-01 period, Maysville had 19 MLS listings, a difference of -2 listings (-10%) versus the prior month and 7 listings (58%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Maysville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,800 sqft
    2018-02-01 0 days 1,980 sqft
    2018-03-01 0 days 2,170 sqft
    2018-04-01 0 days 2,400 sqft
    2018-05-01 0 days 2,235 sqft
    2018-06-01 0 days 2,170 sqft
    2018-07-01 0 days 2,700 sqft
    2018-08-01 0 days 2,500 sqft
    2018-09-01 0 days 2,370 sqft
    2018-10-01 0 days 2,571 sqft
    2018-11-01 0 days 2,040 sqft
    2018-12-01 0 days 1,920 sqft
    2019-01-01 0 days 1,800 sqft
    2019-02-01 0 days 1,706 sqft
    2019-03-01 0 days 1,550 sqft
    2019-04-01 0 days 1,438 sqft
    2019-05-01 0 days 1,516 sqft
    2019-06-01 0 days 1,620 sqft
    2019-07-01 0 days 1,674 sqft
    2019-08-01 0 days 1,678 sqft
    2019-09-01 0 days 1,645 sqft
    2019-10-01 0 days 1,624 sqft
    2019-11-01 0 days 1,740 sqft
    2019-12-01 0 days 1,800 sqft
    2020-01-01 0 days 2,084 sqft
    2020-02-01 0 days 2,178 sqft
    2020-03-01 0 days 1,990 sqft
    2020-04-01 0 days 1,848 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,759 sqft
    2020-07-01 0 days 1,848 sqft
    2020-08-01 0 days 1,896 sqft
    2020-09-01 0 days 2,640 sqft
    2020-10-01 0 days 3,507 sqft
    2020-11-01 0 days 3,534 sqft
    2020-12-01 0 days 3,534 sqft
    2021-01-01 0 days 2,960 sqft
    2021-02-01 0 days 3,220 sqft
    2021-03-01 0 days 2,940 sqft
    2021-04-01 0 days 2,640 sqft
    2021-05-01 0 days 2,820 sqft
    2021-06-01 0 days 2,580 sqft
    2021-07-01 0 days 2,240 sqft
    2021-08-01 0 days 2,178 sqft
    2021-09-01 0 days 2,135 sqft
    2021-10-01 0 days 1,842 sqft
    2021-11-01 0 days 2,466 sqft
    2021-12-01 0 days 3,071 sqft
    2022-01-01 0 days 2,576 sqft
    2022-02-01 0 days 2,108 sqft
    2022-03-01 0 days 2,030 sqft
    2022-04-01 0 days 2,430 sqft
    2022-05-01 0 days 1,414 sqft
    2022-06-01 0 days 2,011 sqft
    2022-07-01 0 days 1,959 sqft
    2022-08-01 0 days 2,442 sqft
    2022-09-01 0 days 1,959 sqft
    2022-10-01 0 days 2,344 sqft
    2022-11-01 0 days 2,400 sqft
    2022-12-01 0 days 2,408 sqft
    2023-01-01 0 days 2,406 sqft
    2023-02-01 0 days 2,406 sqft
    2023-03-01 0 days 1,568 sqft
    2023-04-01 0 days 1,374 sqft
    2023-05-01 0 days 1,500 sqft
    2023-06-01 0 days 1,466 sqft
    2023-07-01 0 days 1,527 sqft
    2023-08-01 0 days 1,650 sqft
    2023-09-01 0 days 1,794 sqft
    2023-10-01 0 days 1,520 sqft
    2023-11-01 0 days 2,734 sqft
    2023-12-01 0 days 2,657 sqft
    2024-01-01 0 days 1,664 sqft
    2024-02-01 0 days 1,416 sqft
    2024-03-01 0 days 1,416 sqft
    2024-04-01 0 days 1,563 sqft
    2024-05-01 0 days 1,599 sqft
    2024-06-01 0 days 1,404 sqft
    2024-07-01 0 days 1,358 sqft
    2024-08-01 0 days 1,392 sqft
    2024-09-01 0 days 1,544 sqft
    2024-10-01 0 days 1,683 sqft
    2024-11-01 0 days 1,628 sqft
    Maysville's median listing age (time on market) for 2024-11-01 was 0 days.

    Maysville's median square footage for active listings during the 2024-11-01 period was 1,628 sqft. One year prior, the average listing was 2,734 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.