New York VA Loans

New York-Newark-Jersey City, NY-NJ-PA

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 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.

New York's 216 lenders originated 10,871 VA loans during 2021. The total origination value was $4,371,695,000, with an average VA loan value of $402,143.

New York VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in New York averaged 5.36% for the week of 2022-08-05, compared to the national average (all VA variants) of 5.013% for the same period.

The average rate for the prior week (2022-07-29) was 5.21% and one month ago for the week of 2022-07-01, the average rate was 5.63%.

The average rate one year ago was 3.02%.

For refis of the same type during the week of 2022-08-05, the average rate was 5.26%.

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

New York VA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the New York level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 1,342 2.46% $7,045
Mortgage Research Center, LLC 923 2.79% $8,958
FREEDOM MORTGAGE CORPORATION 780 2.52% $5,143
NAVY FEDERAL CREDIT UNION 435 2.49% $8,878
LOANDEPOT.COM, LLC 426 2.50% $8,357
USAA Federal Savings Bank 297 2.89% $7,664
The Federal Savings Bank 288 2.63% $10,967
UNITED WHOLESALE MORTGAGE, LLC 268 2.55% $8,322
PENNYMAC LOAN SERVICES, LLC 220 2.36% $7,506
NEW DAY FINANCIAL, LLC 208 2.77% $9,751
CALIBER HOME LOANS, INC. 206 2.50% $7,434
Mr. Cooper ( Nationstar Mortgage ) 195 2.64% $4,683
CROSSCOUNTRY MORTGAGE, LLC 183 2.86% $12,684
HOME POINT FINANCIAL CORPORATION 147 2.51% $8,181
HOMEBRIDGE FINANCIAL SERVICES, INC. 133 2.68% $10,781
NEWREZ LLC 120 2.69% $7,587
Wells Fargo Bank 119 2.54% $7,188
LAKEVIEW LOAN SERVICING, LLC 118 2.47% $3,042
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 118 2.87% $13,859
NJ LENDERS CORP. 116 2.59% $9,009
GUARANTEED RATE, INC. 114 2.62% $8,792
PENTAGON FEDERAL CREDIT UNION 110 2.34% $4,514
Barrington Bank & Trust Company, N.A. 106 2.84% $9,546
CLEARPATH LENDING 106 2.28% $4,827
Advisors Mortgage Group, L.L.C. 101 2.72% $8,460
CONTOUR MORTGAGE CORPORATION 95 2.78% $11,155
FAMILY FIRST FUNDING LLC 91 2.74% $11,214
Carrington Mortgage Services, LLC 76 2.88% $5,924
AMERICAN FINANCIAL NETWORK, INC. 64 2.73% $18,424
InterContinental Capital Group, Inc 62 2.58% $7,393
NATIONWIDE MORTGAGE BANKERS, INC. 58 2.98% $16,620
Equity Prime Mortgage LLC 55 2.84% $7,073
FINANCE OF AMERICA MORTGAGE LLC 54 2.62% $8,932
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 51 2.94% $9,243
UNITED MORTGAGE CORP. 48 2.84% $11,019
North American Savings Bank, F.S.B. 47 2.40% $5,676
NBKC BANK 47 2.53% $7,107
Low VA Rates, LLC 43 2.37% $4,919
Citizens Bank 42 2.53% $9,084
Paramount Residential Mortgage Group, Inc. 42 2.80% $9,364
AMERISAVE MORTGAGE CORPORATION 41 2.68% $10,761
EMBRACE HOME LOANS, INC. 39 2.46% $9,962
Flagstar Bank, FSB 39 2.74% $9,787
MORTGAGE ACCESS CORP. 37 2.90% $11,294
NP, Inc. 36 2.47% $6,598
VILLAGE CAPITAL & INVESTMENT LLC 35 2.31% $4,734
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 34 2.90% $11,170
ABSOLUTE HOME MORTGAGE CORPORATION 34 2.85% $10,267
GUARANTEED RATE AFFINITY, LLC 34 2.57% $8,555
MOVEMENT MORTGAGE, LLC 31 2.74% $10,234
BROKER SOLUTIONS, INC. 31 2.63% $8,068
ACCELERATE MORTGAGE, LLC 29 2.22% $7,746
ROUNDPOINT MORTGAGE SERVICING CORPORATION 27 2.88% $13,163
BNC National Bank 26 2.35% $6,724
SUN WEST MORTGAGE COMPANY, INC. 25 2.74% $6,299
RELIANCE FIRST CAPITAL, LLC 25 2.83% $13,633
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 24 2.82% $13,495
Plains Commerce Bank 24 2.59% $8,283
PLAZA HOME MORTGAGE, INC. 24 2.72% $9,511
BOND STREET MORTGAGE, LLC 23 2.68% $6,203
MID-ISLAND MORTGAGE CORP. 23 2.65% $10,005
First Federal Bank 23 3.01% $14,984
ENVOY MORTGAGE, LTD 22 2.82% $10,888
DHI MORTGAGE COMPANY, LTD. 22 2.64% $10,541
MUTUAL OF OMAHA MORTGAGE, INC. 22 2.62% $7,286
First Guaranty Mortgage Corporation 21 2.66% $6,224
PLANET HOME LENDING, LLC 20 2.52% $4,144
Magnolia Bank 20 2.61% $9,511
Manufacturers and Traders Trust Company 20 2.78% $7,851
PANORAMA MORTGAGE GROUP, LLC 20 2.85% $14,762
UNITED NORTHERN MORTGAGE BANKERS LIMITED 20 2.89% $11,404
PNC Bank 19 2.84% $8,914
Gateway First Bank 18 2.88% $8,000
East Coast Capital Corp. 18 2.77% $11,075
GREENTREE MORTGAGE COMPANY, L.P. 18 2.67% $10,968
First Home Bank 18 2.71% $7,289
RESIDENTIAL HOME FUNDING CORP. 16 2.77% $11,307
Nations Lending Corporation 16 2.79% $8,029
CLIFFCO, INC. 14 3.07% $14,167
SUCCESS MORTGAGE PARTNERS, INC. 14 2.99% $10,967
Northpointe Bank 14 2.61% $5,559
Atlantic Home Loans, Inc. 14 2.73% $6,408
U.S. Bank 14 2.79% $11,124
MLB RESIDENTIAL LENDING, LLC 12 3.05% $15,689
NETWORK CAPITAL FUNDING CORPORATION 12 2.50% $10,264
CMG MORTGAGE, INC. 12 2.81% $12,127
AmeriHome Mortgage Company, LLC 12 2.80% $4,010
SOVEREIGN LENDING GROUP INCORPORATED 11 2.47% $5,576
DRAPER AND KRAMER MORTGAGE CORP. 11 2.58% $5,486
ALLIED MORTGAGE GROUP, INC. 11 2.89% $8,761
First Savings Bank 11 2.63% $12,249
Mid-Continent Funding, Inc. 11 2.75% $9,716
Prosperity Home Mortgage, LLC 10 2.69% $9,237
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 10 3.20% $12,327
Wyndham Capital Mortgage, Inc. 9 2.39% $2,073
Lakeview Community Capital, LLC 9 2.61% $3,521
Valley National Bank 9 2.78% $14,778
First Federal Bank of Kansas City 9 2.25% $8,651
GREENWAY MORTGAGE FUNDING CORP. 9 2.79% $8,222
GLENDENNING MORTGAGE CORPORATION 9 2.68% $6,220
KS StateBank 9 2.35% $6,024
UNION HOME MORTGAGE CORP. 9 2.61% $7,017
TD Bank 8 2.97% $7,627
JPMorgan Chase Bank 7 3.07% $9,030
GET A RATE LLC 7 2.61% $6,980
Paramount Bank 7 2.48% $7,289
First Mortgage Solutions, LLC 7 2.25% $3,373
Bank of England 7 2.98% $12,648
FIRST ALLIANCE HOME MORTGAGE, LLC 7 2.91% $14,333
AMERICAN FINANCING CORPORATION 7 2.38% $9,067
Summit Mortgage Corporation 7 2.80% $8,704
MORIA DEVELOPMENT, INC. 6 3.15% $6,710
HARTFORD FUNDING, LTD. 6 3.19% $21,762
Meridian Bank Corporation 6 2.58% $4,608
Community First National Bank 6 2.36% $7,306
ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 2.63% $5,621
Prime Choice Funding Inc. 6 2.31% $6,844
US MORTGAGE CORPORATION 6 3.23% $11,630
OCMBC, INC. 5 2.65% $5,928
Keystone Funding, Inc. 5 2.48% $6,955
Bethpage Federal Credit Union 5 2.93% $13,470
FirstBank 5 2.45% $3,416
BAYSHORE MORTGAGE FUNDING, LLC 5 2.60% $7,600
VAN DYK MORTGAGE CORPORATION 5 3.33% $10,570
EAGLE HOME MORTGAGE, LLC 5 2.85% $6,542
Strong Home Mortgage, LLC 5 2.33% $1,612
Capital Bank 5 2.33% $9,440
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 2.84% $16,137
JET DIRECT FUNDING CORP 4 2.81% $14,320
Credence Funding Corporation 4 2.25% $3,980
EQUITY NOW INC. 4 2.84% $9,293
NVR Mortgage Finance, Inc. 4 2.87% $13,255
TOTAL MORTGAGE SERVICES, LLC 4 3.06% $12,143
PHH Mortgage Corporation 4 2.91% $5,014
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.21% $12,611
ARC HOME LLC 3 2.42% $9,395
FM Home Loans, LLC 3 2.88% $8,808
EMM LOANS LLC 3 2.83% $18,986
Evesham Mortgage, LLC 3 3.17% $5,858
MID AMERICA MORTGAGE, INC. 3 2.58% $4,297
TIDEWATER MORTGAGE SERVICES, INC. 3 2.63% $10,657
AMERICAN PACIFIC MORTGAGE CORPORATION 3 3.04% $10,890
LADERA LENDING, INC. 3 2.67% $5,060
AMERICA'S CHOICE HOME LOANS LP 3 3.08% $7,564
ACADEMY MORTGAGE CORP. 3 2.54% $4,197
STEARNS LENDING, LLC 3 2.54% $6,554
HOMESIDE FINANCIAL, LLC 3 2.71% $9,832
Santander Bank, N.A. 3 2.67% $5,013
EVERETT FINANCIAL, INC. 2 3.13% $10,140
Kwik Mortgage Corporation 2 2.25% $2,480
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 2.81% $8,182
Mortgage Unlimited, L.L.C. 2 2.88% $6,288
NATION ONE MORTGAGE CORPORATION 2 3.00% $14,688
Citibank 2 2.50% $6,552
NBH Bank 2 2.94% $9,644
CHURCHILL MORTGAGE CORPORATION 2 3.00% $4,668
OceanFirst Bank 2 3.00% $9,039
Presidential Bank, FSB 2 3.06% $7,835
Florida Capital Bank 2 2.63% $8,270
Princeton Mortgage Corporation 2 2.50% $16,980
AmRes Corporation 2 2.31% $9,053
Ameris Bank 2 2.38% $3,960
Reliant Bank 2 2.69% $12,209
RESIDENTIAL HOME MORTGAGE CORPORATION 2 2.63% $3,998
Sierra Pacific Mortgage Company, Inc. 2 2.69% $8,465
Stifel Bank and Trust 2 2.63% $3,154
HomePromise Corporation 2 3.31% $9,138
SWBC MORTGAGE CORPORATION 2 3.19% $5,196
The Central Trust Bank 2 2.31% $15,308
The Huntington National Bank 2 2.69% $3,009
TOWNE MORTGAGE COMPANY 2 3.38% $7,278
Truist Bank 2 2.83% $3,221
Goldwater Bank, N.A. 2 2.56% $9,491
American National Bank 1 2.88% $24,156
FIDELITY DIRECT MORTGAGE, LLC 1 2.88% $5,769
Hometown Lenders, Inc. 1 2.88% $2,942
UNITED SECURITY FINANCIAL CORP 1 1.88% $7,118
HOMESTEAD FUNDING CORP. 1 2.38% $4,414
Ixonia Bank 1 2.63% $8,596
GSF Mortgage Corporation 1 2.25% $4,085
SIRVA MORTGAGE, INC. 1 2.50% $30,052
CANOPY MORTGAGE, LLC 1 2.25% $3,470
NFM, INC. 1 2.88% $18,478
LIBERTY HOME MORTGAGE CORPORATION 1 2.75% $5,077
Stride Bank 1 3.00% $5,681
Century Mortgage Company DBA Century Lending Company 1 2.75% $5,149
GENEVA FINANCIAL, LLC 1 3.00% $8,024
JAMES B. NUTTER & COMPANY 1 2.38% $1,709
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 3.75% $6,582
Financial Funding Solutions, Inc. 1 2.75% $15,134
TBI MORTGAGE COMPANY 1 2.25% $1,955
MDE Home Loans, LLC 1 3.00% $4,308
DEVELOPER'S MORTGAGE COMPANY 1 2.88% $9,545
KELLER MORTGAGE, LLC 1 2.75% $5,325
LOANPAL, LLC 1 2.75% $16,414
The Union Bank Company 1 2.38% $10,888
TIAA, FSB 1 2.88% $15,238
KeyBank 1 2.75% $12,940
Mortgage World Bankers, Inc. 1 2.88% $4,363
EagleBank 1 2.88% $15,530
Bank of America 1 3.00% $15,769
INTERCAP LENDING INC. 1 2.50% $17,008
PARKSIDE LENDING, LLC 1 2.75% $19,894
ASSOCIATED MORTGAGE BANKERS, INC. 1 2.88% $15,652
INTERSTATE HOME LOAN CENTER, INC. 1 3.25% $3,700
Academy Bank 1 2.25% $4,734
INTELLILOAN, INC. 1 2.50% $5,967
PREMIA MORTGAGE, LLC 1 2.63% $5,429
Triumph Bank 1 2.38% $2,031
OCEANSIDE MORTGAGE COMPANY 1 2.25% $2,326
Financial Freedom Mortgage, LLC 1 3.13% $19,557
NORWICH COMMERCIAL GROUP, INC. 1 2.25% $19,282
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 2.50% $525
INLAND BANK & TRUST 1 2.25% $6,325
PULTE MORTGAGE LLC 1 2.63% $9,994
Union Savings Bank 1 2.75% $0

The top New York VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 1,342 VA loans originated. Their average total fees are $7,045, which is $1,913 lower than the next largest lender, Mortgage Research Center, LLC.

The lowest fee New York VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($3,042), AmeriHome Mortgage Company, LLC ($4,010), PLANET HOME LENDING, LLC ($4,144), PENTAGON FEDERAL CREDIT UNION ($4,514) and Mr. Cooper ( Nationstar Mortgage ) ($4,683).

The lowest rate New York VA lenders (with over 10 loans originated) are ACCELERATE MORTGAGE, LLC (2.22%), CLEARPATH LENDING (2.28%), VILLAGE CAPITAL & INVESTMENT LLC (2.31%), PENTAGON FEDERAL CREDIT UNION (2.34%) and BNC National Bank (2.35%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - New York (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 $479,990 (11.9%) $1,120,433 (11.2%) 1.77 57,187
2018-02-01 $499,950 (11.9%) $1,143,135 (8.6%) 1.80 60,843
2018-03-01 $520,000 (13.3%) $1,127,161 (6.0%) 1.80 64,252
2018-04-01 $534,450 (12.5%) $1,117,910 (-0.1%) 1.79 69,662
2018-05-01 $549,000 (11.1%) $1,125,466 (1.1%) 1.83 76,071
2018-06-01 $549,000 (10.9%) $1,100,381 (0.9%) 1.83 79,722
2018-07-01 $549,000 (12.3%) $1,089,758 (2.1%) 1.83 80,369
2018-08-01 $532,450 (11.0%) $1,037,144 (-2.0%) 1.78 79,480
2018-09-01 $535,000 (10.3%) $1,040,837 (-2.6%) 1.79 80,337
2018-10-01 $538,312 (10.2%) $1,047,397 (-1.4%) 1.80 80,917
2018-11-01 $535,000 (10.3%) $1,059,739 (0.1%) 1.79 78,103
2018-12-01 $525,000 (9.4%) $1,060,260 (-0.8%) 1.80 70,729
2019-01-01 $520,000 (8.3%) $1,060,952 (-5.3%) 1.79 65,203
2019-02-01 $528,500 (5.7%) $1,068,687 (-6.5%) 1.77 67,311
2019-03-01 $540,714 (4.0%) $1,081,156 (-4.1%) 1.76 71,501
2019-04-01 $556,500 (4.1%) $1,091,209 (-2.4%) 1.75 76,385
2019-05-01 $569,500 (3.7%) $1,091,152 (-3.1%) 1.76 82,849
2019-06-01 $569,000 (3.6%) $1,083,706 (-1.5%) 1.75 85,761
2019-07-01 $559,500 (1.9%) $1,066,914 (-2.1%) 1.74 84,579
2019-08-01 $553,989 (4.1%) $1,045,028 (0.8%) 1.74 82,599
2019-09-01 $550,461 (2.9%) $1,041,042 (0.0%) 1.75 80,488
2019-10-01 $558,028 (3.7%) $1,070,885 (2.2%) 1.78 80,248
2019-11-01 $550,000 (2.8%) $1,081,547 (2.1%) 1.77 75,510
2019-12-01 $553,528 (5.4%) $1,114,237 (5.1%) 1.85 65,625
2020-01-01 $549,000 (5.6%) $1,113,984 (5.0%) 1.83 59,940
2020-02-01 $559,900 (5.9%) $1,115,474 (4.4%) 1.81 61,312
2020-03-01 $569,450 (5.3%) $1,116,442 (3.3%) 1.78 63,346
2020-04-01 $580,000 (4.2%) $1,187,911 (8.9%) 1.81 61,178
2020-05-01 $579,000 (1.7%) $1,135,762 (4.1%) 1.75 58,452
2020-06-01 $589,500 (3.6%) $1,136,559 (4.9%) 1.72 61,210
2020-07-01 $599,500 (7.2%) $1,149,009 (7.7%) 1.72 64,394
2020-08-01 $635,000 (14.6%) $1,227,096 (17.4%) 1.81 66,679
2020-09-01 $644,450 (17.1%) $1,236,828 (18.8%) 1.84 67,133
2020-10-01 $655,360 (17.4%) $1,300,695 (21.5%) 1.87 68,637
2020-11-01 $649,000 (18.0%) $1,284,039 (18.7%) 1.86 65,676
2020-12-01 $649,450 (17.3%) $1,317,463 (18.2%) 1.90 57,196
2021-01-01 $649,000 (18.2%) $1,356,030 (21.7%) 1.91 49,631
2021-02-01 $649,108 (15.9%) $1,370,351 (22.9%) 1.87 46,629
2021-03-01 $648,500 (13.9%) $1,361,646 (22.0%) 1.82 46,573
2021-04-01 $649,694 (12.0%) $1,374,697 (15.7%) 1.75 48,615
2021-05-01 $649,000 (12.1%) $1,356,538 (19.4%) 1.71 51,469
2021-06-01 $640,060 (8.6%) $1,320,359 (16.2%) 1.66 54,695
2021-07-01 $622,500 (3.8%) $1,276,979 (11.1%) 1.62 55,033
2021-08-01 $627,000 (-1.3%) $1,376,032 (12.1%) 1.65 57,049
2021-09-01 $631,868 (-2.0%) $1,410,300 (14.0%) 1.66 56,921
2021-10-01 $639,000 (-2.5%) $1,439,479 (10.7%) 1.68 57,262
2021-11-01 $655,000 (0.9%) $1,557,436 (21.3%) 1.73 54,263
2021-12-01 $664,000 (2.2%) $1,631,077 (23.8%) 1.77 46,763
2022-01-01 $675,000 (4.0%) $1,713,536 (26.4%) 1.80 40,031
2022-02-01 $697,000 (7.4%) $1,699,961 (24.1%) 1.78 40,529
2022-03-01 $699,000 (7.8%) $1,700,187 (24.9%) 1.73 42,816
2022-04-01 $715,000 (10.1%) $1,684,560 (22.5%) 1.68 45,562
2022-05-01 $720,000 (10.9%) $1,667,529 (22.9%) 1.61 51,069
2022-06-01 $700,208 (9.4%) $1,599,569 (21.2%) 1.56 54,860
New York's median listing price for 2022-06-01 was $700,208, a difference of $60,148 (9.4%) versus the prior year and $-19,792 versus the prior month.

New York's median listing price comes in at 156% of the national average.

New York's average listing price for 2022-06-01 was $1,599,569, a difference of $279,210 (21.2%) versus the prior year and $-67,960 versus the prior month.

For the 2022-06-01 period, New York had 54,860 MLS listings, a difference of 3,791 listings (7%) versus the prior month and 165 listings (0%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - New York (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 90 days 1,926 sqft
2018-02-01 82 days 1,910 sqft
2018-03-01 58 days 1,900 sqft
2018-04-01 56 days 1,918 sqft
2018-05-01 52 days 1,923 sqft
2018-06-01 53 days 1,944 sqft
2018-07-01 63 days 1,959 sqft
2018-08-01 67 days 1,950 sqft
2018-09-01 71 days 1,932 sqft
2018-10-01 69 days 1,912 sqft
2018-11-01 70 days 1,888 sqft
2018-12-01 82 days 1,872 sqft
2019-01-01 88 days 1,847 sqft
2019-02-01 82 days 1,850 sqft
2019-03-01 57 days 1,887 sqft
2019-04-01 52 days 1,931 sqft
2019-05-01 52 days 1,935 sqft
2019-06-01 57 days 1,964 sqft
2019-07-01 64 days 1,960 sqft
2019-08-01 72 days 1,952 sqft
2019-09-01 71 days 1,932 sqft
2019-10-01 67 days 1,924 sqft
2019-11-01 66 days 1,872 sqft
2019-12-01 84 days 1,854 sqft
2020-01-01 92 days 1,845 sqft
2020-02-01 77 days 1,860 sqft
2020-03-01 56 days 1,881 sqft
2020-04-01 56 days 1,872 sqft
2020-05-01 74 days 1,860 sqft
2020-06-01 77 days 1,888 sqft
2020-07-01 49 days 1,812 sqft
2020-08-01 45 days 1,734 sqft
2020-09-01 50 days 1,690 sqft
2020-10-01 49 days 1,645 sqft
2020-11-01 63 days 1,635 sqft
2020-12-01 75 days 1,588 sqft
2021-01-01 85 days 1,536 sqft
2021-02-01 84 days 1,515 sqft
2021-03-01 60 days 1,510 sqft
2021-04-01 49 days 1,514 sqft
2021-05-01 44 days 1,532 sqft
2021-06-01 45 days 1,550 sqft
2021-07-01 50 days 1,568 sqft
2021-08-01 49 days 1,547 sqft
2021-09-01 49 days 1,528 sqft
2021-10-01 53 days 1,504 sqft
2021-11-01 57 days 1,494 sqft
2021-12-01 68 days 1,449 sqft
2022-01-01 79 days 1,410 sqft
2022-02-01 64 days 1,400 sqft
2022-03-01 47 days 1,402 sqft
2022-04-01 44 days 1,424 sqft
2022-05-01 43 days 1,494 sqft
2022-06-01 45 days 1,536 sqft
New York's median listing age (time on market) for 2022-06-01 was 45 days. This is 0% longer than the same period one year ago.

New York's median square footage for active listings during the 2022-06-01 period was 1,536 sqft. One year prior, the average listing was 1,550 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.