Sayre VA Loan Rates, Closing Costs & Stats

Sayre, 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.

Sayre's 20 lenders originated 44 VA loans during 2023. The total origination value was $9,750,000, with an average VA loan value of $221,591.

Sayre VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Sayre averaged 6.87% for the week of 2024-03-22, compared to the national average (all VA variants) of 6.539% for the same period.

Sayre's average VA mortgage closing costs are $5,107.

The average rate for the prior week (2024-03-15) was 6.48% and one month ago for the week of 2024-02-16, the average rate was 6.7%.

The average rate one year ago was 6.54%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.34%.

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

Sayre 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 Sayre level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 14 6.71% $4,649
USAA Federal Savings Bank 4 6.69% $9,228
Barrington Bank & Trust Company, N.A. 2 6.63% $10,401
FREEDOM MORTGAGE CORPORATION 2 7.00% $7,920
GUILD MORTGAGE COMPANY 2 6.00% $5,628
NEW DAY FINANCIAL, LLC 2 7.62% $10,144
UNITED WHOLESALE MORTGAGE, LLC 2 6.44% $6,976
Ixonia Bank 1 7.13% $9,661
Century Mortgage Company DBA Century Lending Company 1 5.99% $0
NAVY FEDERAL CREDIT UNION 1 5.88% $4,482
BROKER SOLUTIONS, INC. 1 6.25% $11,045
NEWREZ LLC 1 6.99% $4,030
PARAGON HOME LOANS INC. 1 6.25% $12,799
PENNYMAC LOAN SERVICES, LLC 1 5.25% $3,133
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.50% $5,036
QUICKEN LOANS, LLC 1 5.99% $8,891
Citizens Bank 1 6.99% $9,351
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.38% $4,792
Summit Mortgage Corporation 1 6.50% $4,105
VILLAGE CAPITAL MORTGAGE 1 6.75% $7,516

The top Sayre VA lender as defined by loan originations is Mortgage Research Center, LLC, with 14 VA loans originated. Their average total fees are $4,649, which is $4,580 lower than the next largest lender, USAA Federal Savings Bank.

The lowest fee Sayre VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,649), .

The lowest rate Sayre VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.71%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Sayre (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 $144,600 (-3.6%) $184,664 (-1.0%) 0.00 260
2018-02-01 $140,000 (-7.4%) $181,725 (-2.1%) 0.00 264
2018-03-01 $136,700 (-12.6%) $176,382 (-8.7%) 0.00 261
2018-04-01 $144,000 (-9.3%) $175,983 (-10.6%) 0.00 258
2018-05-01 $143,000 (-7.2%) $175,649 (-11.2%) 0.00 269
2018-06-01 $156,500 (1.0%) $182,977 (-5.6%) 0.00 296
2018-07-01 $159,900 (4.2%) $187,635 (-2.5%) 0.00 308
2018-08-01 $157,750 (1.7%) $188,597 (-3.4%) 0.00 315
2018-09-01 $151,200 (0.8%) $186,182 (-2.6%) 0.00 323
2018-10-01 $149,900 (0.0%) $182,870 (-1.7%) 0.00 307
2018-11-01 $154,250 (2.9%) $185,063 (0.0%) 0.00 302
2018-12-01 $150,000 (3.7%) $184,071 (1.0%) 0.00 283
2019-01-01 $144,925 (0.2%) $182,403 (-1.2%) 0.00 269
2019-02-01 $151,200 (8.0%) $185,506 (2.1%) 0.00 256
2019-03-01 $161,286 (18.0%) $191,194 (8.4%) 0.00 257
2019-04-01 $164,536 (14.3%) $196,582 (11.7%) 0.00 258
2019-05-01 $165,000 (15.4%) $203,015 (15.6%) 0.00 244
2019-06-01 $162,400 (3.8%) $199,026 (8.8%) 0.00 255
2019-07-01 $156,163 (-2.3%) $195,931 (4.4%) 0.00 260
2019-08-01 $156,991 (-0.5%) $196,091 (4.0%) 0.00 259
2019-09-01 $158,627 (4.9%) $198,692 (6.7%) 0.00 257
2019-10-01 $161,150 (7.5%) $200,690 (9.7%) 0.00 256
2019-11-01 $175,000 (13.5%) $203,995 (10.2%) 0.00 246
2019-12-01 $182,000 (21.3%) $207,381 (12.7%) 0.00 223
2020-01-01 $175,000 (20.8%) $206,238 (13.1%) 0.00 221
2020-02-01 $179,500 (18.7%) $207,424 (11.8%) 0.00 229
2020-03-01 $184,925 (14.7%) $209,186 (9.4%) 0.00 212
2020-04-01 $186,500 (13.4%) $213,382 (8.6%) 0.00 204
2020-05-01 $189,000 (14.6%) $216,508 (6.7%) 0.00 203
2020-06-01 $189,250 (16.5%) $209,715 (5.4%) 0.00 202
2020-07-01 $189,125 (21.1%) $213,396 (8.9%) 0.00 200
2020-08-01 $185,000 (17.8%) $210,191 (7.2%) 0.00 211
2020-09-01 $178,000 (12.2%) $208,125 (4.8%) 0.00 189
2020-10-01 $159,900 (-0.8%) $202,007 (0.7%) 0.00 174
2020-11-01 $159,900 (-8.6%) $204,354 (0.2%) 0.00 171
2020-12-01 $174,950 (-3.9%) $217,839 (5.0%) 0.00 166
2021-01-01 $174,900 (-0.1%) $222,298 (7.8%) 0.00 143
2021-02-01 $172,050 (-4.2%) $242,661 (17.0%) 0.00 123
2021-03-01 $179,350 (-3.0%) $248,127 (18.6%) 0.00 118
2021-04-01 $185,975 (-0.3%) $252,754 (18.5%) 0.00 113
2021-05-01 $198,500 (5.0%) $255,612 (18.1%) 0.00 111
2021-06-01 $190,950 (0.9%) $249,456 (19.0%) 0.00 113
2021-07-01 $184,950 (-2.2%) $241,064 (13.0%) 0.00 121
2021-08-01 $180,700 (-2.3%) $250,097 (19.0%) 0.00 123
2021-09-01 $185,000 (3.9%) $255,444 (22.7%) 0.00 125
2021-10-01 $185,000 (15.7%) $245,688 (21.6%) 0.00 118
2021-11-01 $189,225 (18.3%) $265,906 (30.1%) 0.00 122
2021-12-01 $189,450 (8.3%) $273,899 (25.7%) 0.00 105
2022-01-01 $199,000 (13.8%) $267,834 (20.5%) 0.00 86
2022-02-01 $209,829 (22.0%) $272,829 (12.4%) 0.00 77
2022-03-01 $199,725 (11.4%) $265,864 (7.2%) 0.00 75
2022-04-01 $196,750 (5.8%) $254,640 (0.8%) 0.00 71
2022-05-01 $201,975 (1.8%) $266,256 (4.2%) 0.00 71
2022-06-01 $199,900 (4.7%) $267,642 (7.3%) 0.00 87
2022-07-01 $193,700 (4.7%) $266,798 (10.7%) 0.00 97
2022-08-01 $196,975 (9.0%) $269,957 (7.9%) 0.00 97
2022-09-01 $197,000 (6.5%) $275,494 (7.9%) 0.00 102
2022-10-01 $199,900 (8.1%) $280,242 (14.1%) 0.00 118
2022-11-01 $207,400 (9.6%) $281,774 (6.0%) 0.00 110
2022-12-01 $195,500 (3.2%) $275,885 (0.7%) 0.00 98
2023-01-01 $217,835 (9.5%) $282,367 (5.4%) 0.00 80
2023-02-01 $212,885 (1.5%) $289,591 (6.1%) 0.00 65
2023-03-01 $184,625 (-7.6%) $245,072 (-7.8%) 0.00 67
2023-04-01 $191,500 (-2.7%) $283,334 (11.3%) 0.00 55
2023-05-01 $224,250 (11.0%) $293,943 (10.4%) 0.00 59
2023-06-01 $198,625 (-0.6%) $276,934 (3.5%) 0.00 65
2023-07-01 $200,000 (3.3%) $268,375 (0.6%) 0.00 75
2023-08-01 $189,500 (-3.8%) $258,930 (-4.1%) 0.00 67
2023-09-01 $198,000 (0.5%) $257,531 (-6.5%) 0.00 71
2023-10-01 $199,750 (-0.1%) $272,697 (-2.7%) 0.00 69
2023-11-01 $235,175 (13.4%) $280,343 (-0.5%) 0.00 69
2023-12-01 $219,950 (12.5%) $267,341 (-3.1%) 0.00 64
2024-01-01 $205,950 (-5.5%) $268,373 (-5.0%) 0.00 64
2024-02-01 $196,500 (-7.7%) $271,334 (-6.3%) 0.00 55
Sayre's median listing price for 2024-02-01 was $196,500, a difference of $-16,385 (-7.7%) versus the prior year and $-9,450 versus the prior month.

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

Sayre's average listing price for 2024-02-01 was $271,334, a difference of $-18,257 (-6.3%) versus the prior year and $2,961 versus the prior month.

For the 2024-02-01 period, Sayre had 55 MLS listings, a difference of -9 listings (-14%) versus the prior month and -10 listings (-15%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Sayre (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,764 sqft
2018-02-01 0 days 1,750 sqft
2018-03-01 0 days 1,761 sqft
2018-04-01 0 days 1,777 sqft
2018-05-01 0 days 1,814 sqft
2018-06-01 0 days 1,827 sqft
2018-07-01 0 days 1,821 sqft
2018-08-01 0 days 1,814 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,754 sqft
2018-11-01 0 days 1,730 sqft
2018-12-01 0 days 1,738 sqft
2019-01-01 0 days 1,721 sqft
2019-02-01 0 days 1,728 sqft
2019-03-01 0 days 1,786 sqft
2019-04-01 0 days 1,838 sqft
2019-05-01 0 days 1,825 sqft
2019-06-01 0 days 1,818 sqft
2019-07-01 0 days 1,831 sqft
2019-08-01 0 days 1,804 sqft
2019-09-01 0 days 1,811 sqft
2019-10-01 0 days 1,815 sqft
2019-11-01 0 days 1,907 sqft
2019-12-01 0 days 1,863 sqft
2020-01-01 0 days 1,874 sqft
2020-02-01 0 days 1,920 sqft
2020-03-01 0 days 1,908 sqft
2020-04-01 0 days 1,913 sqft
2020-05-01 0 days 1,930 sqft
2020-06-01 0 days 2,038 sqft
2020-07-01 0 days 2,006 sqft
2020-08-01 0 days 1,870 sqft
2020-09-01 0 days 1,879 sqft
2020-10-01 0 days 1,819 sqft
2020-11-01 0 days 1,785 sqft
2020-12-01 0 days 1,819 sqft
2021-01-01 0 days 1,790 sqft
2021-02-01 0 days 1,767 sqft
2021-03-01 0 days 1,917 sqft
2021-04-01 0 days 1,920 sqft
2021-05-01 0 days 1,927 sqft
2021-06-01 0 days 1,919 sqft
2021-07-01 0 days 1,920 sqft
2021-08-01 0 days 1,954 sqft
2021-09-01 0 days 1,948 sqft
2021-10-01 0 days 1,942 sqft
2021-11-01 0 days 1,951 sqft
2021-12-01 0 days 1,908 sqft
2022-01-01 0 days 1,872 sqft
2022-02-01 0 days 1,968 sqft
2022-03-01 0 days 1,883 sqft
2022-04-01 0 days 1,798 sqft
2022-05-01 0 days 1,851 sqft
2022-06-01 0 days 1,825 sqft
2022-07-01 0 days 1,810 sqft
2022-08-01 0 days 1,806 sqft
2022-09-01 0 days 1,773 sqft
2022-10-01 0 days 1,728 sqft
2022-11-01 0 days 1,842 sqft
2022-12-01 0 days 1,824 sqft
2023-01-01 0 days 1,841 sqft
2023-02-01 0 days 1,876 sqft
2023-03-01 0 days 1,974 sqft
2023-04-01 0 days 1,981 sqft
2023-05-01 0 days 1,879 sqft
2023-06-01 0 days 1,843 sqft
2023-07-01 0 days 1,887 sqft
2023-08-01 0 days 1,989 sqft
2023-09-01 0 days 1,950 sqft
2023-10-01 0 days 1,926 sqft
2023-11-01 0 days 1,955 sqft
2023-12-01 0 days 1,881 sqft
2024-01-01 0 days 1,769 sqft
2024-02-01 0 days 1,760 sqft
Sayre's median listing age (time on market) for 2024-02-01 was 0 days.

Sayre's median square footage for active listings during the 2024-02-01 period was 1,760 sqft. One year prior, the average listing was 1,876 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.