Pottsville VA Loan Rates, Closing Costs & Stats

Pottsville, 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 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.

Pottsville's 47 lenders originated 163 VA loans during 2022. The total origination value was $31,815,000, with an average VA loan value of $195,184.

Pottsville VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Pottsville averaged 0.21% for the week of 2023-11-24, compared to the national average (all VA variants) of 0% for the same period.

Pottsville's average VA mortgage closing costs are $5,657.

The average rate for the prior week (2023-11-17) was 6.96% and one month ago for the week of 2023-10-20, the average rate was 7.59%.

The average rate one year ago was 6.5%.

For refis of the same type during the week of 2023-11-24, the average rate was -1.1%.

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

Pottsville 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 Pottsville level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 43 5.60% $5,655
QUICKEN LOANS, LLC 13 4.55% $8,565
PENNYMAC LOAN SERVICES, LLC 10 3.70% $8,165
FREEDOM MORTGAGE CORPORATION 7 4.55% $14,216
UNITED WHOLESALE MORTGAGE, LLC 7 5.43% $13,130
NAVY FEDERAL CREDIT UNION 7 4.48% $6,667
CROSSCOUNTRY MORTGAGE, LLC 6 4.85% $12,680
NEW DAY FINANCIAL, LLC 5 4.85% $4,535
Homesale Mortgage, LLC 5 4.78% $9,277
Citizens Bank 4 4.78% $8,058
USAA Federal Savings Bank 4 5.28% $9,910
Barrington Bank & Trust Company, N.A. 3 4.96% $9,973
Wells Fargo Bank 2 4.69% $3,912
Northpointe Bank 2 4.81% $14,785
LAKEVIEW LOAN SERVICING, LLC 2 2.75% $6,321
LOANDEPOT.COM, LLC 2 5.31% $6,736
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.99% $7,159
Mr. Cooper ( Nationstar Mortgage ) 2 4.75% $14,056
NEWREZ LLC 1 3.99% $9,125
NFM, INC. 1 4.13% $0
Orrstown Bank 1 5.25% $7,753
Paramount Bank 1 3.38% $4,365
PLANET HOME LENDING, LLC 1 4.99% $5,303
RESIDENTIAL HOME FUNDING CORP. 1 4.25% $9,844
ROYAL UNITED MORTGAGE LLC 1 6.38% $11,580
SUCCESS MORTGAGE PARTNERS, INC. 1 4.50% $11,213
AMERISAVE MORTGAGE CORPORATION 1 5.75% $13,300
TIDEWATER MORTGAGE SERVICES, INC. 1 4.88% $3,556
VILLAGE CAPITAL MORTGAGE 1 2.25% $4,295
The Federal Savings Bank 1 5.25% $27,717
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 4.63% $7,389
BROKER SOLUTIONS, INC. 1 5.75% $8,354
CALIBER HOME LOANS, INC. 1 4.75% $20,311
CHERRY CREEK MORTGAGE, LLC 1 3.63% $3,427
CLEARPATH LENDING 1 3.88% $9,451
Equity Prime Mortgage LLC 1 5.63% $17,268
FIRST ALLIANCE HOME MORTGAGE, LLC 1 4.50% $13,460
First Commonwealth Bank 1 3.99% $9,125
Fulton Bank 1 3.13% $4,676
GUARANTEED RATE AFFINITY, LLC 1 5.13% $8,718
GUARANTEED RATE, INC. 1 5.50% $12,532
HOME POINT FINANCIAL CORPORATION 1 2.88% $8,340
HOWARD HANNA FINANCIAL SERVICES, INC. 1 5.75% $6,793
MICHIGAN MUTUAL, INC. 1 4.13% $13,265
Mid-Continent Funding, Inc. 1 5.00% $5,589
MORTGAGE ACCESS CORP. 1 6.25% $6,561
Mortgage America, Inc. 1 5.75% $4,359

The top Pottsville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 43 VA loans originated. Their average total fees are $5,655, which is $2,910 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Pottsville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,655), PENNYMAC LOAN SERVICES, LLC ($8,165), QUICKEN LOANS, LLC ($8,565), .

The lowest rate Pottsville VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.70%), QUICKEN LOANS, LLC (4.55%), Mortgage Research Center, LLC (5.60%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Pottsville (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 $74,575 (-2.5%) $134,533 (4.9%) 0.28 513
2018-02-01 $75,450 (-3.5%) $138,065 (7.2%) 0.27 528
2018-03-01 $79,950 (0.1%) $140,510 (-3.2%) 0.28 482
2018-04-01 $75,225 (-5.9%) $143,668 (-5.6%) 0.26 491
2018-05-01 $79,900 (1.7%) $144,469 (-0.4%) 0.27 491
2018-06-01 $75,000 (-3.2%) $143,664 (3.6%) 0.25 522
2018-07-01 $78,750 (-0.3%) $144,092 (7.0%) 0.26 526
2018-08-01 $75,500 (-0.3%) $142,612 (8.0%) 0.25 524
2018-09-01 $78,000 (8.4%) $143,699 (11.4%) 0.26 547
2018-10-01 $77,425 (3.9%) $145,384 (8.8%) 0.26 550
2018-11-01 $80,000 (12.8%) $147,731 (12.5%) 0.27 531
2018-12-01 $79,900 (14.2%) $147,561 (10.7%) 0.28 493
2019-01-01 $80,975 (8.6%) $148,411 (10.3%) 0.28 454
2019-02-01 $79,850 (5.8%) $146,978 (6.5%) 0.27 432
2019-03-01 $80,529 (0.7%) $155,024 (10.3%) 0.26 435
2019-04-01 $81,379 (8.2%) $163,582 (13.9%) 0.26 460
2019-05-01 $80,000 (0.1%) $163,374 (13.1%) 0.25 478
2019-06-01 $85,000 (13.3%) $161,432 (12.4%) 0.27 506
2019-07-01 $86,925 (10.4%) $165,227 (14.7%) 0.27 517
2019-08-01 $88,782 (17.6%) $170,232 (19.4%) 0.28 489
2019-09-01 $94,530 (21.2%) $179,358 (24.8%) 0.30 451
2019-10-01 $99,000 (27.9%) $188,438 (29.6%) 0.32 417
2019-11-01 $103,700 (29.6%) $191,577 (29.7%) 0.34 378
2019-12-01 $112,450 (40.7%) $185,778 (25.9%) 0.38 367
2020-01-01 $119,400 (47.5%) $185,704 (25.1%) 0.40 321
2020-02-01 $109,900 (37.6%) $183,478 (24.8%) 0.36 285
2020-03-01 $122,825 (52.5%) $188,941 (21.9%) 0.39 276
2020-04-01 $122,850 (51.0%) $197,763 (20.9%) 0.38 251
2020-05-01 $125,000 (56.3%) $198,820 (21.7%) 0.38 260
2020-06-01 $119,900 (41.1%) $202,790 (25.6%) 0.35 248
2020-07-01 $123,425 (42.0%) $208,501 (26.2%) 0.36 220
2020-08-01 $125,000 (40.8%) $215,574 (26.6%) 0.36 191
2020-09-01 $121,575 (28.6%) $234,085 (30.5%) 0.35 182
2020-10-01 $136,250 (37.6%) $247,828 (31.5%) 0.39 181
2020-11-01 $129,450 (24.8%) $250,897 (31.0%) 0.38 176
2020-12-01 $122,250 (8.7%) $254,730 (37.1%) 0.36 161
2021-01-01 $119,000 (-0.3%) $256,543 (38.2%) 0.36 145
2021-02-01 $119,000 (8.3%) $247,030 (34.6%) 0.35 105
2021-03-01 $120,725 (-1.7%) $243,171 (28.7%) 0.34 100
2021-04-01 $134,250 (9.3%) $277,622 (40.4%) 0.36 93
2021-05-01 $143,900 (15.1%) $273,350 (37.5%) 0.38 93
2021-06-01 $104,750 (-12.6%) $224,426 (10.7%) 0.28 159
2021-07-01 $118,725 (-3.8%) $218,806 (4.9%) 0.31 170
2021-08-01 $119,999 (-4.0%) $186,170 (-13.6%) 0.32 183
2021-09-01 $119,100 (-2.0%) $182,692 (-22.0%) 0.32 188
2021-10-01 $105,000 (-22.9%) $182,646 (-26.3%) 0.28 180
2021-11-01 $95,975 (-25.9%) $169,203 (-32.6%) 0.26 184
2021-12-01 $107,975 (-11.7%) $169,846 (-33.3%) 0.29 181
2022-01-01 $99,500 (-16.4%) $163,962 (-36.1%) 0.27 165
2022-02-01 $106,475 (-10.5%) $164,011 (-33.6%) 0.28 169
2022-03-01 $127,200 (5.4%) $167,921 (-31.0%) 0.32 160
2022-04-01 $129,900 (-3.2%) $170,938 (-38.4%) 0.31 155
2022-05-01 $136,000 (-5.5%) $174,718 (-36.1%) 0.31 165
2022-06-01 $137,225 (31.0%) $188,615 (-16.0%) 0.31 205
2022-07-01 $129,900 (9.4%) $185,723 (-15.1%) 0.29 243
2022-08-01 $134,925 (12.4%) $181,927 (-2.3%) 0.31 255
2022-09-01 $129,950 (9.1%) $180,435 (-1.2%) 0.30 240
2022-10-01 $129,900 (23.7%) $179,792 (-1.6%) 0.31 244
2022-11-01 $124,400 (29.6%) $180,684 (6.8%) 0.30 235
2022-12-01 $125,000 (15.8%) $191,729 (12.9%) 0.31 215
2023-01-01 $125,000 (25.6%) $192,928 (17.7%) 0.31 202
2023-02-01 $124,975 (17.4%) $195,395 (19.1%) 0.30 192
2023-03-01 $127,225 (0.0%) $197,174 (17.4%) 0.30 169
2023-04-01 $121,500 (-6.5%) $188,122 (10.1%) 0.28 156
2023-05-01 $125,000 (-8.1%) $188,309 (7.8%) 0.28 159
2023-06-01 $115,000 (-16.2%) $181,827 (-3.6%) 0.26 176
2023-07-01 $125,450 (-3.4%) $196,449 (5.8%) 0.29 182
2023-08-01 $124,925 (-7.4%) $187,202 (2.9%) 0.29 200
2023-09-01 $120,000 (-7.7%) $183,624 (1.8%) 0.28 219
2023-10-01 $119,950 (-7.7%) $181,789 (1.1%) 0.28 239
Pottsville's median listing price for 2023-10-01 was $119,950, a difference of $-9,950 (-7.7%) versus the prior year and $-50 versus the prior month.

Pottsville's median listing price comes in at 28% of the national average.

Pottsville's average listing price for 2023-10-01 was $181,789, a difference of $1,997 (1.1%) versus the prior year and $-1,835 versus the prior month.

For the 2023-10-01 period, Pottsville had 239 MLS listings, a difference of 20 listings (9%) versus the prior month and -5 listings (-2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Pottsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 107 days 1,556 sqft
2018-02-01 105 days 1,592 sqft
2018-03-01 99 days 1,604 sqft
2018-04-01 90 days 1,596 sqft
2018-05-01 84 days 1,598 sqft
2018-06-01 65 days 1,666 sqft
2018-07-01 64 days 1,639 sqft
2018-08-01 70 days 1,627 sqft
2018-09-01 74 days 1,627 sqft
2018-10-01 76 days 1,650 sqft
2018-11-01 80 days 1,642 sqft
2018-12-01 92 days 1,664 sqft
2019-01-01 101 days 1,666 sqft
2019-02-01 104 days 1,658 sqft
2019-03-01 90 days 1,663 sqft
2019-04-01 67 days 1,682 sqft
2019-05-01 63 days 1,674 sqft
2019-06-01 68 days 1,680 sqft
2019-07-01 73 days 1,690 sqft
2019-08-01 71 days 1,686 sqft
2019-09-01 68 days 1,690 sqft
2019-10-01 67 days 1,694 sqft
2019-11-01 69 days 1,725 sqft
2019-12-01 87 days 1,710 sqft
2020-01-01 93 days 1,701 sqft
2020-02-01 101 days 1,700 sqft
2020-03-01 74 days 1,799 sqft
2020-04-01 79 days 1,808 sqft
2020-05-01 82 days 1,824 sqft
2020-06-01 55 days 1,772 sqft
2020-07-01 43 days 1,757 sqft
2020-08-01 51 days 1,718 sqft
2020-09-01 41 days 1,703 sqft
2020-10-01 44 days 1,768 sqft
2020-11-01 47 days 1,672 sqft
2020-12-01 61 days 1,640 sqft
2021-01-01 71 days 1,632 sqft
2021-02-01 66 days 1,627 sqft
2021-03-01 52 days 1,578 sqft
2021-04-01 25 days 1,650 sqft
2021-05-01 24 days 1,610 sqft
2021-06-01 18 days 1,632 sqft
2021-07-01 25 days 1,624 sqft
2021-08-01 29 days 1,631 sqft
2021-09-01 36 days 1,610 sqft
2021-10-01 43 days 1,583 sqft
2021-11-01 39 days 1,521 sqft
2021-12-01 44 days 1,532 sqft
2022-01-01 48 days 1,544 sqft
2022-02-01 47 days 1,563 sqft
2022-03-01 47 days 1,596 sqft
2022-04-01 41 days 1,600 sqft
2022-05-01 33 days 1,696 sqft
2022-06-01 29 days 1,676 sqft
2022-07-01 30 days 1,680 sqft
2022-08-01 40 days 1,638 sqft
2022-09-01 45 days 1,676 sqft
2022-10-01 49 days 1,638 sqft
2022-11-01 55 days 1,679 sqft
2022-12-01 65 days 1,688 sqft
2023-01-01 67 days 1,673 sqft
2023-02-01 63 days 1,665 sqft
2023-03-01 55 days 1,667 sqft
2023-04-01 45 days 1,588 sqft
2023-05-01 32 days 1,607 sqft
2023-06-01 33 days 1,574 sqft
2023-07-01 41 days 1,600 sqft
2023-08-01 38 days 1,536 sqft
2023-09-01 38 days 1,552 sqft
2023-10-01 40 days 1,614 sqft
Pottsville's median listing age (time on market) for 2023-10-01 was 40 days. This is -19% shorter than the same period one year ago.

Pottsville's median square footage for active listings during the 2023-10-01 period was 1,614 sqft. One year prior, the average listing was 1,638 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.