Sandusky VA Loan Rates, Closing Costs & Stats

Sandusky, OH

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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.

    Sandusky's 22 lenders originated 74 VA loans during 2023. The total origination value was $17,870,000, with an average VA loan value of $241,486.

    Sandusky VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Sandusky averaged 6.94% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Sandusky's average VA mortgage closing costs are $5,535.

    The average rate for the prior week (2025-02-07) was 6.77% and one month ago for the week of 2025-01-10, the average rate was 7.01%.

    The average rate one year ago was 6.83%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.53%.

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

    Sandusky 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 Sandusky level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 22 6.92% $7,627
    NAVY FEDERAL CREDIT UNION 10 5.83% $3,674
    UNION HOME MORTGAGE CORP. 5 6.48% $11,688
    QUICKEN LOANS, LLC 4 6.21% $10,608
    FREEDOM MORTGAGE CORPORATION 4 6.88% $12,747
    Mr. Cooper ( Nationstar Mortgage ) 3 5.83% $11,859
    PENNYMAC LOAN SERVICES, LLC 3 5.88% $8,518
    VILLAGE CAPITAL MORTGAGE 2 6.38% $9,221
    LOANDEPOT.COM, LLC 2 6.38% $14,501
    PLAZA HOME MORTGAGE, INC. 2 6.00% $7,517
    UNION CAPITAL MORTGAGE CORPORATION 2 6.94% $7,611
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.50% $1,263
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $4,347
    USAA Federal Savings Bank 1 6.63% $3,909
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $2,413
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $8,032
    Sierra Pacific Mortgage Company, Inc. 1 6.50% $10,251
    BROKER SOLUTIONS, INC. 1 7.13% $6,938
    First Federal Bank 1 8.49% $3,666
    UNITED WHOLESALE MORTGAGE, LLC 1 6.63% $4,014
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $8,996
    NORTHERN MORTGAGE SERVICES, LLC 1 6.75% $10,904

    The top Sandusky VA lender as defined by loan originations is Mortgage Research Center, LLC, with 22 VA loans originated. Their average total fees are $7,627, which is $3,953 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

    The lowest fee Sandusky VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($3,674), Mortgage Research Center, LLC ($7,627), .

    The lowest rate Sandusky VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.83%), Mortgage Research Center, LLC (6.92%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sandusky (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 $191,675 (5.1%) $282,438 (13.9%) 0.00 645
    2018-02-01 $208,250 (9.7%) $288,595 (14.0%) 0.00 623
    2018-03-01 $215,000 (11.7%) $297,836 (14.6%) 0.00 601
    2018-04-01 $229,450 (15.9%) $306,533 (17.4%) 0.00 630
    2018-05-01 $229,000 (15.1%) $306,161 (16.4%) 0.00 661
    2018-06-01 $229,900 (15.1%) $305,318 (12.7%) 0.00 681
    2018-07-01 $227,389 (13.7%) $300,752 (9.6%) 0.00 663
    2018-08-01 $227,225 (16.5%) $306,290 (15.4%) 0.00 657
    2018-09-01 $224,500 (12.5%) $308,238 (13.7%) 0.00 651
    2018-10-01 $219,450 (9.8%) $303,655 (10.5%) 0.00 641
    2018-11-01 $210,350 (5.5%) $295,539 (2.5%) 0.00 606
    2018-12-01 $210,000 (9.4%) $296,363 (-8.9%) 0.00 561
    2019-01-01 $209,750 (9.4%) $288,933 (2.3%) 0.00 562
    2019-02-01 $206,625 (-0.8%) $283,656 (-1.7%) 0.00 571
    2019-03-01 $215,821 (0.4%) $290,984 (-2.3%) 0.00 566
    2019-04-01 $229,075 (-0.2%) $300,941 (-1.8%) 0.00 554
    2019-05-01 $235,225 (2.7%) $296,101 (-3.3%) 0.00 575
    2019-06-01 $249,000 (8.3%) $305,034 (-0.1%) 0.00 609
    2019-07-01 $248,375 (9.2%) $307,276 (2.2%) 0.00 627
    2019-08-01 $239,900 (5.6%) $305,193 (-0.4%) 0.00 605
    2019-09-01 $239,900 (6.9%) $309,783 (0.5%) 0.00 580
    2019-10-01 $239,900 (9.3%) $312,785 (3.0%) 0.00 556
    2019-11-01 $239,900 (14.1%) $306,244 (3.6%) 0.00 532
    2019-12-01 $238,175 (13.4%) $306,511 (3.4%) 0.00 496
    2020-01-01 $236,550 (12.8%) $306,505 (6.1%) 0.00 479
    2020-02-01 $239,900 (16.1%) $309,400 (9.1%) 0.00 474
    2020-03-01 $266,600 (23.5%) $319,822 (9.9%) 0.00 465
    2020-04-01 $269,900 (17.8%) $334,657 (11.2%) 0.00 448
    2020-05-01 $274,900 (16.9%) $340,449 (15.0%) 0.00 413
    2020-06-01 $269,900 (8.4%) $342,795 (12.4%) 0.00 388
    2020-07-01 $284,500 (14.5%) $354,925 (15.5%) 0.00 365
    2020-08-01 $299,000 (24.6%) $356,480 (16.8%) 0.00 330
    2020-09-01 $269,450 (12.3%) $337,290 (8.9%) 0.00 320
    2020-10-01 $254,900 (6.3%) $341,129 (9.1%) 0.00 320
    2020-11-01 $247,900 (3.3%) $339,936 (11.0%) 0.00 285
    2020-12-01 $254,950 (7.0%) $341,048 (11.3%) 0.00 262
    2021-01-01 $249,950 (5.7%) $335,446 (9.4%) 0.00 248
    2021-02-01 $252,500 (5.3%) $350,339 (13.2%) 0.00 195
    2021-03-01 $270,775 (1.6%) $380,648 (19.0%) 0.00 187
    2021-04-01 $273,700 (1.4%) $392,664 (17.3%) 0.00 198
    2021-05-01 $263,000 (-4.3%) $377,900 (11.0%) 0.00 213
    2021-06-01 $268,450 (-0.5%) $387,396 (13.0%) 0.00 219
    2021-07-01 $249,900 (-12.2%) $369,237 (4.0%) 0.00 251
    2021-08-01 $277,500 (-7.2%) $410,133 (15.1%) 0.00 239
    2021-09-01 $280,000 (3.9%) $422,285 (25.2%) 0.00 235
    2021-10-01 $260,000 (2.0%) $402,645 (18.0%) 0.00 247
    2021-11-01 $270,333 (9.1%) $415,431 (22.2%) 0.00 242
    2021-12-01 $267,400 (4.9%) $430,902 (26.4%) 0.00 206
    2022-01-01 $299,900 (20.0%) $466,718 (39.1%) 0.00 167
    2022-02-01 $318,742 (26.2%) $459,124 (31.1%) 0.00 157
    2022-03-01 $318,450 (17.6%) $501,382 (31.7%) 0.00 149
    2022-04-01 $307,400 (12.3%) $493,057 (25.6%) 0.00 173
    2022-05-01 $330,950 (25.8%) $465,629 (23.2%) 0.00 190
    2022-06-01 $349,250 (30.1%) $473,940 (22.3%) 0.00 197
    2022-07-01 $319,950 (28.0%) $446,018 (20.8%) 0.00 228
    2022-08-01 $308,675 (11.2%) $439,167 (7.1%) 0.00 221
    2022-09-01 $294,250 (5.1%) $428,788 (1.5%) 0.00 208
    2022-10-01 $265,000 (1.9%) $392,108 (-2.6%) 0.00 232
    2022-11-01 $269,900 (-0.2%) $401,277 (-3.4%) 0.00 223
    2022-12-01 $275,000 (2.8%) $441,772 (2.5%) 0.00 198
    2023-01-01 $294,000 (-2.0%) $498,734 (6.9%) 0.00 176
    2023-02-01 $351,900 (10.4%) $524,526 (14.2%) 0.00 167
    2023-03-01 $391,575 (23.0%) $539,328 (7.6%) 0.00 202
    2023-04-01 $386,950 (25.9%) $518,198 (5.1%) 0.00 209
    2023-05-01 $364,725 (10.2%) $507,077 (8.9%) 0.00 232
    2023-06-01 $399,000 (14.2%) $522,788 (10.3%) 0.00 244
    2023-07-01 $399,000 (24.7%) $531,068 (19.1%) 0.00 241
    2023-08-01 $387,998 (25.7%) $495,642 (12.9%) 0.00 268
    2023-09-01 $374,500 (27.3%) $458,685 (7.0%) 0.00 274
    2023-10-01 $372,250 (40.5%) $478,183 (22.0%) 0.00 269
    2023-11-01 $359,950 (33.4%) $490,692 (22.3%) 0.00 256
    2023-12-01 $369,500 (34.4%) $500,514 (13.3%) 0.00 237
    2024-01-01 $371,950 (26.5%) $554,883 (11.3%) 0.00 230
    2024-02-01 $392,200 (11.5%) $588,316 (12.2%) 0.00 213
    2024-03-01 $396,950 (1.4%) $587,106 (8.9%) 0.00 240
    2024-04-01 $431,733 (11.6%) $575,912 (11.1%) 0.00 259
    2024-05-01 $448,000 (22.8%) $636,605 (25.5%) 0.00 269
    2024-06-01 $429,900 (7.7%) $621,233 (18.8%) 0.00 298
    2024-07-01 $421,200 (5.6%) $598,130 (12.6%) 0.00 300
    2024-08-01 $399,900 (3.1%) $580,067 (17.0%) 0.00 291
    2024-09-01 $347,925 (-7.1%) $535,187 (16.7%) 0.00 278
    2024-10-01 $354,975 (-4.6%) $537,146 (12.3%) 0.00 309
    2024-11-01 $347,900 (-3.4%) $537,607 (9.6%) 0.00 308
    2024-12-01 $349,975 (-5.3%) $515,371 (3.0%) 0.00 272
    2025-01-01 $347,475 (-6.6%) $500,476 (-9.8%) 0.00 244
    Sandusky's median listing price for 2025-01-01 was $347,475, a difference of $-24,475 (-6.6%) versus the prior year and $-2,500 versus the prior month.

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

    Sandusky's average listing price for 2025-01-01 was $500,476, a difference of $-54,407 (-9.8%) versus the prior year and $-14,895 versus the prior month.

    For the 2025-01-01 period, Sandusky had 244 MLS listings, a difference of -28 listings (-10%) versus the prior month and 14 listings (6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sandusky (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,622 sqft
    2018-02-01 0 days 1,630 sqft
    2018-03-01 0 days 1,640 sqft
    2018-04-01 0 days 1,669 sqft
    2018-05-01 0 days 1,634 sqft
    2018-06-01 0 days 1,650 sqft
    2018-07-01 0 days 1,718 sqft
    2018-08-01 0 days 1,721 sqft
    2018-09-01 0 days 1,712 sqft
    2018-10-01 0 days 1,717 sqft
    2018-11-01 0 days 1,705 sqft
    2018-12-01 0 days 1,681 sqft
    2019-01-01 0 days 1,690 sqft
    2019-02-01 0 days 1,658 sqft
    2019-03-01 0 days 1,690 sqft
    2019-04-01 0 days 1,718 sqft
    2019-05-01 0 days 1,655 sqft
    2019-06-01 0 days 1,694 sqft
    2019-07-01 0 days 1,700 sqft
    2019-08-01 0 days 1,720 sqft
    2019-09-01 0 days 1,755 sqft
    2019-10-01 0 days 1,779 sqft
    2019-11-01 0 days 1,769 sqft
    2019-12-01 0 days 1,785 sqft
    2020-01-01 0 days 1,766 sqft
    2020-02-01 0 days 1,656 sqft
    2020-03-01 0 days 1,705 sqft
    2020-04-01 0 days 1,714 sqft
    2020-05-01 0 days 1,741 sqft
    2020-06-01 0 days 1,718 sqft
    2020-07-01 0 days 1,705 sqft
    2020-08-01 0 days 1,773 sqft
    2020-09-01 0 days 1,752 sqft
    2020-10-01 0 days 1,740 sqft
    2020-11-01 0 days 1,737 sqft
    2020-12-01 0 days 1,770 sqft
    2021-01-01 0 days 1,608 sqft
    2021-02-01 0 days 1,594 sqft
    2021-03-01 0 days 1,653 sqft
    2021-04-01 0 days 1,686 sqft
    2021-05-01 0 days 1,651 sqft
    2021-06-01 0 days 1,655 sqft
    2021-07-01 0 days 1,682 sqft
    2021-08-01 0 days 1,750 sqft
    2021-09-01 0 days 1,766 sqft
    2021-10-01 0 days 1,724 sqft
    2021-11-01 0 days 1,750 sqft
    2021-12-01 0 days 1,742 sqft
    2022-01-01 0 days 1,786 sqft
    2022-02-01 0 days 1,833 sqft
    2022-03-01 0 days 1,775 sqft
    2022-04-01 0 days 1,768 sqft
    2022-05-01 0 days 1,725 sqft
    2022-06-01 0 days 1,815 sqft
    2022-07-01 0 days 1,763 sqft
    2022-08-01 0 days 1,800 sqft
    2022-09-01 0 days 1,867 sqft
    2022-10-01 0 days 1,720 sqft
    2022-11-01 0 days 1,649 sqft
    2022-12-01 0 days 1,632 sqft
    2023-01-01 0 days 1,653 sqft
    2023-02-01 0 days 1,598 sqft
    2023-03-01 0 days 1,622 sqft
    2023-04-01 0 days 1,554 sqft
    2023-05-01 0 days 1,546 sqft
    2023-06-01 0 days 1,627 sqft
    2023-07-01 0 days 1,640 sqft
    2023-08-01 0 days 1,627 sqft
    2023-09-01 0 days 1,668 sqft
    2023-10-01 0 days 1,659 sqft
    2023-11-01 0 days 1,629 sqft
    2023-12-01 0 days 1,688 sqft
    2024-01-01 0 days 1,751 sqft
    2024-02-01 0 days 1,759 sqft
    2024-03-01 0 days 1,748 sqft
    2024-04-01 0 days 1,724 sqft
    2024-05-01 0 days 1,717 sqft
    2024-06-01 0 days 1,718 sqft
    2024-07-01 0 days 1,732 sqft
    2024-08-01 0 days 1,765 sqft
    2024-09-01 0 days 1,645 sqft
    2024-10-01 0 days 1,683 sqft
    2024-11-01 0 days 1,647 sqft
    2024-12-01 0 days 1,718 sqft
    2025-01-01 0 days 1,685 sqft
    Sandusky's median listing age (time on market) for 2025-01-01 was 0 days.

    Sandusky's median square footage for active listings during the 2025-01-01 period was 1,685 sqft. One year prior, the average listing was 1,751 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.