Point Pleasant VA Loan Rates, Closing Costs & Stats
Point Pleasant, WV-OH
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.
Point Pleasant's 15 lenders originated 36 VA loans during 2023. The total origination value was $8,090,000, with an average VA loan value of $224,722.
Point Pleasant VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Point Pleasant
averaged
6.83%
for the week of 2024-04-26, compared to the national average (all VA variants) of
6.757% for the same period.
Point Pleasant's average VA mortgage closing costs are $4,694.
The average rate for the prior week (2024-04-19) was
7.23% and
one month ago for the week of 2024-03-22, the
average rate was 6.88%.
The average rate one year ago was 6.43%.
For refis of the same type during the week of 2024-04-26, the average rate
was 6.56%.
Point Pleasant 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 Point Pleasant level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Mortgage Research Center, LLC | 14 | 7.13% | $4,631 |
| QUICKEN LOANS, LLC | 6 | 6.46% | $8,521 |
| Paramount Residential Mortgage Group, Inc. | 2 | 6.75% | $9,974 |
| LAKEVIEW LOAN SERVICING, LLC | 1 | 6.75% | $5,364 |
| LOANDEPOT.COM, LLC | 1 | 6.25% | $7,600 |
| NAVY FEDERAL CREDIT UNION | 1 | 5.88% | $2,827 |
| NBKC BANK | 1 | 5.99% | $4,740 |
| PENNYMAC LOAN SERVICES, LLC | 1 | 5.50% | $8,003 |
| The Federal Savings Bank | 1 | 6.13% | $16,150 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.13% | $8,527 |
| USAA Federal Savings Bank | 1 | 6.13% | $11,151 |
| CMG MORTGAGE, INC. | 1 | 5.75% | $34,890 |
| U.S. Bank | 1 | 5.75% | $3,946 |
| Flagstar Bank, FSB | 1 | 6.75% | $5,967 |
| FREEDOM MORTGAGE CORPORATION | 1 | 7.25% | $5,872 |
The top Point Pleasant VA lender as defined by loan originations is Mortgage Research Center, LLC, with
14 VA loans originated. Their average total fees are
$4,631, which is $3,890
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Point Pleasant VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($4,631), .
The lowest rate Point Pleasant VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (7.13%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Point Pleasant (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 | $119,625 (4.1%) | $164,910 (5.1%) | 0.00 | 186 |
| 2018-02-01 | $124,950 (8.5%) | $170,211 (7.9%) | 0.00 | 187 |
| 2018-03-01 | $124,900 (7.3%) | $161,456 (7.4%) | 0.00 | 190 |
| 2018-04-01 | $122,250 (5.0%) | $157,200 (5.9%) | 0.00 | 199 |
| 2018-05-01 | $122,400 (5.1%) | $167,921 (11.6%) | 0.00 | 205 |
| 2018-06-01 | $125,580 (3.4%) | $172,292 (14.7%) | 0.00 | 218 |
| 2018-07-01 | $129,500 (9.8%) | $180,636 (21.3%) | 0.00 | 219 |
| 2018-08-01 | $129,900 (18.1%) | $182,377 (28.3%) | 0.00 | 221 |
| 2018-09-01 | $128,000 (11.3%) | $182,358 (24.7%) | 0.00 | 220 |
| 2018-10-01 | $123,475 (4.6%) | $177,240 (19.0%) | 0.00 | 215 |
| 2018-11-01 | $122,225 (3.0%) | $178,350 (16.6%) | 0.00 | 206 |
| 2018-12-01 | $125,000 (5.0%) | $176,211 (13.3%) | 0.00 | 191 |
| 2019-01-01 | $125,000 (4.5%) | $176,456 (7.0%) | 0.00 | 171 |
| 2019-02-01 | $127,000 (1.6%) | $172,668 (1.4%) | 0.00 | 173 |
| 2019-03-01 | $127,264 (1.9%) | $177,500 (9.9%) | 0.00 | 181 |
| 2019-04-01 | $125,889 (3.0%) | $182,582 (16.2%) | 0.00 | 184 |
| 2019-05-01 | $129,650 (5.9%) | $182,212 (8.5%) | 0.00 | 180 |
| 2019-06-01 | $129,900 (3.4%) | $184,046 (6.8%) | 0.00 | 178 |
| 2019-07-01 | $129,900 (0.3%) | $185,977 (3.0%) | 0.00 | 171 |
| 2019-08-01 | $128,482 (-1.1%) | $181,779 (-0.3%) | 0.00 | 172 |
| 2019-09-01 | $126,355 (-1.3%) | $169,347 (-7.1%) | 0.00 | 166 |
| 2019-10-01 | $124,936 (1.2%) | $168,165 (-5.1%) | 0.00 | 160 |
| 2019-11-01 | $119,900 (-1.9%) | $171,308 (-4.0%) | 0.00 | 160 |
| 2019-12-01 | $119,900 (-4.1%) | $158,529 (-10.0%) | 0.00 | 156 |
| 2020-01-01 | $122,200 (-2.2%) | $167,343 (-5.2%) | 0.00 | 144 |
| 2020-02-01 | $119,900 (-5.6%) | $164,031 (-5.0%) | 0.00 | 149 |
| 2020-03-01 | $118,750 (-6.7%) | $159,456 (-10.2%) | 0.00 | 149 |
| 2020-04-01 | $119,000 (-5.5%) | $164,054 (-10.2%) | 0.00 | 147 |
| 2020-05-01 | $124,900 (-3.7%) | $172,151 (-5.5%) | 0.00 | 131 |
| 2020-06-01 | $129,900 (0.0%) | $181,893 (-1.2%) | 0.00 | 130 |
| 2020-07-01 | $126,825 (-2.4%) | $179,646 (-3.4%) | 0.00 | 140 |
| 2020-08-01 | $129,000 (0.4%) | $184,998 (1.8%) | 0.00 | 125 |
| 2020-09-01 | $124,200 (-1.7%) | $184,466 (8.9%) | 0.00 | 103 |
| 2020-10-01 | $124,950 (0.0%) | $191,731 (14.0%) | 0.00 | 100 |
| 2020-11-01 | $125,925 (5.0%) | $191,011 (11.5%) | 0.00 | 89 |
| 2020-12-01 | $124,900 (4.2%) | $194,003 (22.4%) | 0.00 | 89 |
| 2021-01-01 | $117,000 (-4.3%) | $167,306 (0.0%) | 0.00 | 80 |
| 2021-02-01 | $126,900 (5.8%) | $186,422 (13.7%) | 0.00 | 62 |
| 2021-03-01 | $127,725 (7.6%) | $188,608 (18.3%) | 0.00 | 66 |
| 2021-04-01 | $129,450 (8.8%) | $187,019 (14.0%) | 0.00 | 66 |
| 2021-05-01 | $129,450 (3.6%) | $210,341 (22.2%) | 0.00 | 61 |
| 2021-06-01 | $149,925 (15.4%) | $236,977 (30.3%) | 0.00 | 62 |
| 2021-07-01 | $164,450 (29.7%) | $304,810 (69.7%) | 0.00 | 61 |
| 2021-08-01 | $152,963 (18.6%) | $270,125 (46.0%) | 0.00 | 59 |
| 2021-09-01 | $147,900 (19.1%) | $233,548 (26.6%) | 0.00 | 60 |
| 2021-10-01 | $156,975 (25.6%) | $235,872 (23.0%) | 0.00 | 67 |
| 2021-11-01 | $171,975 (36.6%) | $256,440 (34.3%) | 0.00 | 73 |
| 2021-12-01 | $154,200 (23.5%) | $248,582 (28.1%) | 0.00 | 70 |
| 2022-01-01 | $139,900 (19.6%) | $247,218 (47.8%) | 0.00 | 65 |
| 2022-02-01 | $154,000 (21.4%) | $265,703 (42.5%) | 0.00 | 62 |
| 2022-03-01 | $149,925 (17.4%) | $299,501 (58.8%) | 0.00 | 48 |
| 2022-04-01 | $175,950 (35.9%) | $317,172 (69.6%) | 0.00 | 43 |
| 2022-05-01 | $212,400 (64.1%) | $334,828 (59.2%) | 0.00 | 46 |
| 2022-06-01 | $197,000 (31.4%) | $310,492 (31.0%) | 0.00 | 59 |
| 2022-07-01 | $189,900 (15.5%) | $294,381 (-3.4%) | 0.00 | 77 |
| 2022-08-01 | $185,925 (21.6%) | $284,229 (5.2%) | 0.00 | 85 |
| 2022-09-01 | $168,225 (13.7%) | $267,622 (14.6%) | 0.00 | 78 |
| 2022-10-01 | $159,900 (1.9%) | $250,834 (6.3%) | 0.00 | 76 |
| 2022-11-01 | $168,475 (-2.0%) | $260,608 (1.6%) | 0.00 | 80 |
| 2022-12-01 | $182,450 (18.3%) | $275,326 (10.8%) | 0.00 | 77 |
| 2023-01-01 | $181,725 (29.9%) | $275,555 (11.5%) | 0.00 | 68 |
| 2023-02-01 | $191,725 (24.5%) | $275,859 (3.8%) | 0.00 | 63 |
| 2023-03-01 | $214,200 (42.9%) | $289,655 (-3.3%) | 0.00 | 65 |
| 2023-04-01 | $219,850 (25.0%) | $298,988 (-5.7%) | 0.00 | 51 |
| 2023-05-01 | $229,900 (8.2%) | $315,369 (-5.8%) | 0.00 | 55 |
| 2023-06-01 | $224,875 (14.2%) | $306,096 (-1.4%) | 0.00 | 61 |
| 2023-07-01 | $249,000 (31.1%) | $305,752 (3.9%) | 0.00 | 61 |
| 2023-08-01 | $229,283 (23.3%) | $283,654 (-0.2%) | 0.00 | 76 |
| 2023-09-01 | $239,450 (42.3%) | $283,886 (6.1%) | 0.00 | 70 |
| 2023-10-01 | $233,175 (45.8%) | $285,231 (13.7%) | 0.00 | 69 |
| 2023-11-01 | $219,875 (30.5%) | $324,106 (24.4%) | 0.00 | 61 |
| 2023-12-01 | $216,650 (18.7%) | $277,956 (1.0%) | 0.00 | 64 |
| 2024-01-01 | $219,900 (21.0%) | $290,041 (5.3%) | 0.00 | 51 |
| 2024-02-01 | $219,950 (14.7%) | $248,748 (-9.8%) | 0.00 | 52 |
| 2024-03-01 | $219,750 (2.6%) | $285,575 (-1.4%) | 0.00 | 54 |
Point Pleasant's median listing price comes in at 0% of the national average.
Point Pleasant's average listing price for 2024-03-01 was $285,575, a difference of $-4,080 (-1.4%) versus the prior year and $36,827 versus the prior month.
For the 2024-03-01 period, Point Pleasant had 54 MLS listings, a difference of 2 listings (4%) versus the prior month and -11 listings (-17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Point Pleasant (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,708 sqft |
| 2018-02-01 | 0 days | 1,769 sqft |
| 2018-03-01 | 0 days | 1,703 sqft |
| 2018-04-01 | 0 days | 1,656 sqft |
| 2018-05-01 | 0 days | 1,634 sqft |
| 2018-06-01 | 0 days | 1,664 sqft |
| 2018-07-01 | 0 days | 1,679 sqft |
| 2018-08-01 | 0 days | 1,661 sqft |
| 2018-09-01 | 0 days | 1,623 sqft |
| 2018-10-01 | 0 days | 1,564 sqft |
| 2018-11-01 | 0 days | 1,567 sqft |
| 2018-12-01 | 0 days | 1,578 sqft |
| 2019-01-01 | 0 days | 1,620 sqft |
| 2019-02-01 | 0 days | 1,600 sqft |
| 2019-03-01 | 0 days | 1,594 sqft |
| 2019-04-01 | 0 days | 1,592 sqft |
| 2019-05-01 | 0 days | 1,594 sqft |
| 2019-06-01 | 0 days | 1,668 sqft |
| 2019-07-01 | 0 days | 1,680 sqft |
| 2019-08-01 | 0 days | 1,684 sqft |
| 2019-09-01 | 0 days | 1,682 sqft |
| 2019-10-01 | 0 days | 1,680 sqft |
| 2019-11-01 | 0 days | 1,630 sqft |
| 2019-12-01 | 0 days | 1,599 sqft |
| 2020-01-01 | 0 days | 1,600 sqft |
| 2020-02-01 | 0 days | 1,630 sqft |
| 2020-03-01 | 0 days | 1,557 sqft |
| 2020-04-01 | 0 days | 1,594 sqft |
| 2020-05-01 | 0 days | 1,640 sqft |
| 2020-06-01 | 0 days | 1,735 sqft |
| 2020-07-01 | 0 days | 1,663 sqft |
| 2020-08-01 | 0 days | 1,693 sqft |
| 2020-09-01 | 0 days | 1,631 sqft |
| 2020-10-01 | 0 days | 1,638 sqft |
| 2020-11-01 | 0 days | 1,606 sqft |
| 2020-12-01 | 0 days | 1,596 sqft |
| 2021-01-01 | 0 days | 1,543 sqft |
| 2021-02-01 | 0 days | 1,466 sqft |
| 2021-03-01 | 0 days | 1,480 sqft |
| 2021-04-01 | 0 days | 1,610 sqft |
| 2021-05-01 | 0 days | 1,648 sqft |
| 2021-06-01 | 0 days | 1,721 sqft |
| 2021-07-01 | 0 days | 1,705 sqft |
| 2021-08-01 | 0 days | 1,677 sqft |
| 2021-09-01 | 0 days | 1,788 sqft |
| 2021-10-01 | 0 days | 1,807 sqft |
| 2021-11-01 | 0 days | 1,826 sqft |
| 2021-12-01 | 0 days | 1,770 sqft |
| 2022-01-01 | 0 days | 1,747 sqft |
| 2022-02-01 | 0 days | 1,831 sqft |
| 2022-03-01 | 0 days | 1,672 sqft |
| 2022-04-01 | 0 days | 1,800 sqft |
| 2022-05-01 | 0 days | 1,855 sqft |
| 2022-06-01 | 0 days | 1,844 sqft |
| 2022-07-01 | 0 days | 1,888 sqft |
| 2022-08-01 | 0 days | 1,838 sqft |
| 2022-09-01 | 0 days | 1,790 sqft |
| 2022-10-01 | 0 days | 1,822 sqft |
| 2022-11-01 | 0 days | 1,772 sqft |
| 2022-12-01 | 0 days | 1,826 sqft |
| 2023-01-01 | 0 days | 1,920 sqft |
| 2023-02-01 | 0 days | 1,926 sqft |
| 2023-03-01 | 0 days | 1,821 sqft |
| 2023-04-01 | 0 days | 1,992 sqft |
| 2023-05-01 | 0 days | 1,972 sqft |
| 2023-06-01 | 0 days | 1,998 sqft |
| 2023-07-01 | 0 days | 2,022 sqft |
| 2023-08-01 | 0 days | 1,822 sqft |
| 2023-09-01 | 0 days | 1,758 sqft |
| 2023-10-01 | 0 days | 1,689 sqft |
| 2023-11-01 | 0 days | 1,712 sqft |
| 2023-12-01 | 0 days | 1,728 sqft |
| 2024-01-01 | 0 days | 1,680 sqft |
| 2024-02-01 | 0 days | 1,690 sqft |
| 2024-03-01 | 0 days | 1,663 sqft |
Point Pleasant's median square footage for active listings during the 2024-03-01 period was 1,663 sqft. One year prior, the average listing was 1,821 sqft.