Seneca Falls VA Loan Rates, Closing Costs & Stats

Seneca Falls, NY

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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.

    Seneca Falls's 14 lenders originated 21 VA loans during 2024. The total origination value was $4,575,000, with an average VA loan value of $217,857.

    Seneca Falls VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Seneca Falls averaged 0.65% for the week of 2025-05-30, compared to the national average (all VA variants) of 0% for the same period.

    Seneca Falls's average VA mortgage closing costs are $5,205.

    The average rate for the prior week (2025-05-23) was 7.26% and one month ago for the week of 2025-04-25, the average rate was 7.18%.

    The average rate one year ago was 7.32%.

    For refis of the same type during the week of 2025-05-30, the average rate was -0.2%.

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

    Seneca Falls 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 Seneca Falls level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 4 5.99% $6,814
    MOVEMENT MORTGAGE, LLC 2 6.50% $5,216
    Mortgage Research Center, LLC 2 6.81% $10,594
    USAA Federal Savings Bank 2 7.38% $3,394
    FREEDOM MORTGAGE CORPORATION 1 6.75% $19,703
    1ST PRIORITY MORTGAGE, INC. 1 6.25% $4,351
    Premium Mortgage Corporation 1 6.63% $2,994
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $0
    RELIANCE FIRST CAPITAL, LLC 1 6.88% $5,198
    UNITED WHOLESALE MORTGAGE, LLC 1 5.75% $6,760
    NAVY FEDERAL CREDIT UNION 1 6.25% $9,185
    Barrington Bank & Trust Company, N.A. 1 7.75% $3,750
    Equity Prime Mortgage LLC 1 6.25% $625
    EVERETT FINANCIAL, INC. 1 7.63% $3,983

    The top Seneca Falls VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 4 VA loans originated. Their average total fees are $6,814, which is $1,598 higher than the next largest lender, MOVEMENT MORTGAGE, LLC.

    The lowest fee Seneca Falls VA lenders (with over 10 loans originated) are .

    The lowest rate Seneca Falls VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Seneca Falls (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 $141,000 (-2.7%) $190,661 (-22.1%) 0.00 111
    2018-02-01 $127,400 (-20.1%) $182,792 (-26.8%) 0.00 104
    2018-03-01 $140,450 (-27.8%) $185,775 (-35.6%) 0.00 104
    2018-04-01 $166,975 (-16.3%) $220,602 (-14.0%) 0.00 105
    2018-05-01 $188,750 (-9.9%) $250,052 (-1.3%) 0.00 111
    2018-06-01 $199,900 (0.2%) $249,847 (0.1%) 0.00 109
    2018-07-01 $204,900 (8.4%) $263,647 (8.8%) 0.00 107
    2018-08-01 $190,950 (3.5%) $239,502 (0.9%) 0.00 118
    2018-09-01 $179,900 (-1.1%) $233,539 (-3.0%) 0.00 118
    2018-10-01 $183,825 (3.1%) $269,077 (16.4%) 0.00 108
    2018-11-01 $177,175 (10.8%) $265,506 (17.3%) 0.00 114
    2018-12-01 $144,993 (-3.3%) $251,255 (20.2%) 0.00 106
    2019-01-01 $139,350 (-1.2%) $252,936 (32.7%) 0.00 103
    2019-02-01 $150,475 (18.1%) $261,146 (42.9%) 0.00 92
    2019-03-01 $164,429 (17.1%) $262,359 (41.2%) 0.00 88
    2019-04-01 $177,179 (6.1%) $261,175 (18.4%) 0.00 87
    2019-05-01 $203,650 (7.9%) $272,652 (9.0%) 0.00 93
    2019-06-01 $199,900 (0.0%) $302,243 (21.0%) 0.00 91
    2019-07-01 $192,450 (-6.1%) $316,909 (20.2%) 0.00 96
    2019-08-01 $188,536 (-1.3%) $319,895 (33.6%) 0.00 93
    2019-09-01 $186,491 (3.7%) $328,719 (40.8%) 0.00 91
    2019-10-01 $185,127 (0.7%) $336,577 (25.1%) 0.00 87
    2019-11-01 $175,400 (-1.0%) $327,192 (23.2%) 0.00 79
    2019-12-01 $169,200 (16.7%) $294,311 (17.1%) 0.00 75
    2020-01-01 $159,900 (14.8%) $270,887 (7.1%) 0.00 66
    2020-02-01 $150,750 (0.2%) $261,954 (0.3%) 0.00 71
    2020-03-01 $171,200 (4.1%) $292,083 (11.3%) 0.00 77
    2020-04-01 $171,200 (-3.4%) $288,625 (10.5%) 0.00 73
    2020-05-01 $177,700 (-12.7%) $287,081 (5.3%) 0.00 72
    2020-06-01 $184,500 (-7.7%) $316,040 (4.6%) 0.00 57
    2020-07-01 $194,450 (1.0%) $331,721 (4.7%) 0.00 52
    2020-08-01 $175,000 (-7.2%) $317,628 (-0.7%) 0.00 49
    2020-09-01 $172,400 (-7.6%) $318,692 (-3.1%) 0.00 49
    2020-10-01 $137,068 (-26.0%) $256,342 (-23.8%) 0.00 51
    2020-11-01 $141,909 (-19.1%) $250,352 (-23.5%) 0.00 47
    2020-12-01 $134,900 (-20.3%) $242,870 (-17.5%) 0.00 46
    2021-01-01 $132,000 (-17.5%) $279,126 (3.0%) 0.00 39
    2021-02-01 $130,950 (-13.1%) $308,262 (17.7%) 0.00 29
    2021-03-01 $152,400 (-11.0%) $367,607 (25.9%) 0.00 28
    2021-04-01 $139,900 (-18.3%) $341,496 (18.3%) 0.00 24
    2021-05-01 $154,900 (-12.8%) $348,315 (21.3%) 0.00 24
    2021-06-01 $177,450 (-3.8%) $396,036 (25.3%) 0.00 36
    2021-07-01 $175,000 (-10.0%) $473,054 (42.6%) 0.00 45
    2021-08-01 $198,475 (13.4%) $347,538 (9.4%) 0.00 38
    2021-09-01 $214,900 (24.7%) $346,756 (8.8%) 0.00 34
    2021-10-01 $203,725 (48.6%) $370,401 (44.5%) 0.00 31
    2021-11-01 $205,725 (45.0%) $319,277 (27.5%) 0.00 32
    2021-12-01 $167,450 (24.1%) $260,685 (7.3%) 0.00 23
    2022-01-01 $124,900 (-5.4%) $189,996 (-31.9%) 0.00 21
    2022-02-01 $135,400 (3.4%) $209,335 (-32.1%) 0.00 19
    2022-03-01 $145,750 (-4.4%) $196,623 (-46.5%) 0.00 26
    2022-04-01 $179,400 (28.2%) $291,045 (-14.8%) 0.00 31
    2022-05-01 $219,675 (41.8%) $295,883 (-15.1%) 0.00 28
    2022-06-01 $255,950 (44.2%) $379,112 (-4.3%) 0.00 37
    2022-07-01 $219,900 (25.7%) $322,280 (-31.9%) 0.00 36
    2022-08-01 $157,475 (-20.7%) $303,882 (-12.6%) 0.00 41
    2022-09-01 $149,900 (-30.3%) $236,889 (-31.7%) 0.00 36
    2022-10-01 $155,900 (-23.5%) $282,258 (-23.8%) 0.00 35
    2022-11-01 $158,900 (-22.8%) $333,722 (4.5%) 0.00 37
    2022-12-01 $165,900 (-0.9%) $345,439 (32.5%) 0.00 32
    2023-01-01 $164,950 (32.1%) $300,018 (57.9%) 0.00 28
    2023-02-01 $171,700 (26.8%) $312,691 (49.4%) 0.00 25
    2023-03-01 $192,200 (31.9%) $356,878 (81.5%) 0.00 26
    2023-04-01 $239,900 (33.7%) $416,195 (43.0%) 0.00 31
    2023-05-01 $339,750 (54.7%) $488,846 (65.2%) 0.00 31
    2023-06-01 $385,250 (50.5%) $500,950 (32.1%) 0.00 33
    2023-07-01 $299,000 (36.0%) $471,683 (46.4%) 0.00 38
    2023-08-01 $284,950 (81.0%) $453,279 (49.2%) 0.00 44
    2023-09-01 $252,450 (68.4%) $422,675 (78.4%) 0.00 50
    2023-10-01 $244,950 (57.1%) $392,434 (39.0%) 0.00 54
    2023-11-01 $251,175 (58.1%) $410,087 (22.9%) 0.00 51
    2023-12-01 $188,700 (13.7%) $347,044 (0.5%) 0.00 37
    2024-01-01 $189,900 (15.1%) $392,155 (30.7%) 0.00 25
    2024-02-01 $204,450 (19.1%) $467,857 (49.6%) 0.00 18
    2024-03-01 $279,400 (45.4%) $472,361 (32.4%) 0.00 19
    2024-04-01 $343,725 (43.3%) $628,627 (51.0%) 0.00 23
    2024-05-01 $299,300 (-11.9%) $615,823 (26.0%) 0.00 29
    2024-06-01 $297,500 (-22.8%) $575,231 (14.8%) 0.00 37
    2024-07-01 $411,000 (37.5%) $775,386 (64.4%) 0.00 30
    2024-08-01 $299,900 (5.3%) $611,902 (35.0%) 0.00 40
    2024-09-01 $299,900 (18.8%) $564,713 (33.6%) 0.00 37
    2024-10-01 $299,900 (22.4%) $588,960 (50.1%) 0.00 33
    2024-11-01 $280,000 (11.5%) $582,231 (42.0%) 0.00 38
    2024-12-01 $309,950 (64.3%) $562,230 (62.0%) 0.00 33
    2025-01-01 $259,925 (36.9%) $484,882 (23.7%) 0.00 27
    2025-02-01 $283,675 (38.8%) $526,341 (12.5%) 0.00 30
    2025-03-01 $289,900 (3.8%) $530,632 (12.3%) 0.00 26
    2025-04-01 $268,000 (-22.0%) $508,195 (-19.2%) 0.00 32
    Seneca Falls's median listing price for 2025-04-01 was $268,000, a difference of $-75,725 (-22.0%) versus the prior year and $-21,900 versus the prior month.

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

    Seneca Falls's average listing price for 2025-04-01 was $508,195, a difference of $-120,432 (-19.2%) versus the prior year and $-22,437 versus the prior month.

    For the 2025-04-01 period, Seneca Falls had 32 MLS listings, a difference of 6 listings (23%) versus the prior month and 9 listings (39%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Seneca Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,750 sqft
    2018-02-01 0 days 1,669 sqft
    2018-03-01 0 days 1,660 sqft
    2018-04-01 0 days 1,712 sqft
    2018-05-01 0 days 1,776 sqft
    2018-06-01 0 days 1,703 sqft
    2018-07-01 0 days 1,849 sqft
    2018-08-01 0 days 1,796 sqft
    2018-09-01 0 days 1,783 sqft
    2018-10-01 0 days 1,746 sqft
    2018-11-01 0 days 1,746 sqft
    2018-12-01 0 days 1,704 sqft
    2019-01-01 0 days 1,701 sqft
    2019-02-01 0 days 1,703 sqft
    2019-03-01 0 days 1,699 sqft
    2019-04-01 0 days 1,699 sqft
    2019-05-01 0 days 1,734 sqft
    2019-06-01 0 days 1,827 sqft
    2019-07-01 0 days 1,754 sqft
    2019-08-01 0 days 1,796 sqft
    2019-09-01 0 days 1,772 sqft
    2019-10-01 0 days 1,753 sqft
    2019-11-01 0 days 1,768 sqft
    2019-12-01 0 days 1,707 sqft
    2020-01-01 0 days 1,681 sqft
    2020-02-01 0 days 1,691 sqft
    2020-03-01 0 days 1,730 sqft
    2020-04-01 0 days 1,760 sqft
    2020-05-01 0 days 1,752 sqft
    2020-06-01 0 days 1,776 sqft
    2020-07-01 0 days 1,970 sqft
    2020-08-01 0 days 1,900 sqft
    2020-09-01 0 days 1,877 sqft
    2020-10-01 0 days 1,792 sqft
    2020-11-01 0 days 1,690 sqft
    2020-12-01 0 days 1,679 sqft
    2021-01-01 0 days 1,792 sqft
    2021-02-01 0 days 1,823 sqft
    2021-03-01 0 days 1,667 sqft
    2021-04-01 0 days 1,665 sqft
    2021-05-01 0 days 1,701 sqft
    2021-06-01 0 days 1,809 sqft
    2021-07-01 0 days 1,820 sqft
    2021-08-01 0 days 1,898 sqft
    2021-09-01 0 days 1,799 sqft
    2021-10-01 0 days 1,885 sqft
    2021-11-01 0 days 1,870 sqft
    2021-12-01 0 days 1,879 sqft
    2022-01-01 0 days 1,733 sqft
    2022-02-01 0 days 1,783 sqft
    2022-03-01 0 days 1,645 sqft
    2022-04-01 0 days 1,602 sqft
    2022-05-01 0 days 1,821 sqft
    2022-06-01 0 days 1,723 sqft
    2022-07-01 0 days 1,616 sqft
    2022-08-01 0 days 1,439 sqft
    2022-09-01 0 days 1,438 sqft
    2022-10-01 0 days 1,530 sqft
    2022-11-01 0 days 1,794 sqft
    2022-12-01 0 days 1,748 sqft
    2023-01-01 0 days 1,469 sqft
    2023-02-01 0 days 1,712 sqft
    2023-03-01 0 days 1,867 sqft
    2023-04-01 0 days 1,913 sqft
    2023-05-01 0 days 1,857 sqft
    2023-06-01 0 days 1,897 sqft
    2023-07-01 0 days 1,888 sqft
    2023-08-01 0 days 1,918 sqft
    2023-09-01 0 days 1,705 sqft
    2023-10-01 0 days 1,670 sqft
    2023-11-01 0 days 1,866 sqft
    2023-12-01 0 days 1,738 sqft
    2024-01-01 0 days 1,926 sqft
    2024-02-01 0 days 1,612 sqft
    2024-03-01 0 days 1,534 sqft
    2024-04-01 0 days 1,673 sqft
    2024-05-01 0 days 1,994 sqft
    2024-06-01 0 days 2,031 sqft
    2024-07-01 0 days 2,308 sqft
    2024-08-01 0 days 1,984 sqft
    2024-09-01 0 days 2,173 sqft
    2024-10-01 0 days 2,122 sqft
    2024-11-01 0 days 2,113 sqft
    2024-12-01 0 days 1,967 sqft
    2025-01-01 0 days 1,941 sqft
    2025-02-01 0 days 1,785 sqft
    2025-03-01 0 days 2,122 sqft
    2025-04-01 0 days 1,931 sqft
    Seneca Falls's median listing age (time on market) for 2025-04-01 was 0 days.

    Seneca Falls's median square footage for active listings during the 2025-04-01 period was 1,931 sqft. One year prior, the average listing was 1,673 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.