Sidney VA Loan Rates, Closing Costs & Stats

Sidney, 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.

    Sidney's 25 lenders originated 50 VA loans during 2023. The total origination value was $10,960,000, with an average VA loan value of $219,200.

    Sidney VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Sidney averaged 7.2% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Sidney's average VA mortgage closing costs are $5,410.

    The average rate for the prior week (2024-04-12) was 7.03% and one month ago for the week of 2024-03-15, the average rate was 6.49%.

    The average rate one year ago was 6.48%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Sidney 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 Sidney level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 9 6.87% $5,327
    QUICKEN LOANS, LLC 5 6.24% $12,600
    Western Ohio Mortgage Corporation 4 7.09% $7,903
    CROSSCOUNTRY MORTGAGE, LLC 3 6.75% $4,338
    NAVY FEDERAL CREDIT UNION 3 6.50% $4,078
    NVR Mortgage Finance, Inc. 3 5.12% $1,866
    THRIVE MORTGAGE, LLC 2 6.69% $3,959
    MOVEMENT MORTGAGE, LLC 2 6.06% $13,550
    LOANDEPOT.COM, LLC 2 6.25% $4,606
    NEW DAY FINANCIAL, LLC 2 7.56% $15,528
    RELIANCE FIRST CAPITAL, LLC 1 6.00% $21,923
    The Federal Savings Bank 1 6.75% $4,793
    UNION HOME MORTGAGE CORP. 1 7.00% $5,445
    UNITED WHOLESALE MORTGAGE, LLC 1 5.25% $12,629
    U.S. Bank 1 6.75% $6,698
    Mr. Cooper ( Nationstar Mortgage ) 1 5.75% $8,131
    CARDINAL FINANCIAL 1 5.75% $4,657
    CMG MORTGAGE, INC. 1 6.75% $4,097
    EQUITY RESOURCES, INC. 1 7.63% $2,918
    Fifth Third Bank 1 6.00% $3,540
    FREEDOM MORTGAGE CORPORATION 1 7.13% $15,267
    GUARANTEED RATE, INC. 1 6.25% $4,259
    GUILD MORTGAGE COMPANY 1 5.63% $12,287
    BNC National Bank 1 5.25% $13,482
    NORTHERN MORTGAGE SERVICES, LLC 1 7.25% $1,453

    The top Sidney VA lender as defined by loan originations is Mortgage Research Center, LLC, with 9 VA loans originated. Their average total fees are $5,327, which is $7,273 lower than the next largest lender, QUICKEN LOANS, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sidney (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 $124,400 (13.9%) $174,764 (18.0%) 0.00 144
    2018-02-01 $122,500 (16.4%) $182,281 (20.2%) 0.00 139
    2018-03-01 $127,750 (14.8%) $201,308 (28.3%) 0.00 129
    2018-04-01 $126,425 (10.0%) $196,517 (27.4%) 0.00 133
    2018-05-01 $130,000 (10.0%) $196,760 (20.5%) 0.00 138
    2018-06-01 $135,000 (12.7%) $190,153 (17.9%) 0.00 154
    2018-07-01 $137,450 (12.5%) $195,694 (21.1%) 0.00 165
    2018-08-01 $134,250 (10.9%) $189,866 (10.9%) 0.00 159
    2018-09-01 $135,000 (3.9%) $195,173 (11.5%) 0.00 158
    2018-10-01 $121,000 (-8.6%) $209,920 (21.4%) 0.00 161
    2018-11-01 $129,175 (-0.6%) $199,899 (16.5%) 0.00 167
    2018-12-01 $117,900 (-3.5%) $176,820 (2.5%) 0.00 155
    2019-01-01 $123,950 (-0.4%) $174,627 (-0.1%) 0.00 119
    2019-02-01 $140,500 (14.7%) $177,972 (-2.4%) 0.00 116
    2019-03-01 $136,986 (7.2%) $173,215 (-14.0%) 0.00 109
    2019-04-01 $133,761 (5.8%) $166,049 (-15.5%) 0.00 105
    2019-05-01 $139,450 (7.3%) $161,411 (-18.0%) 0.00 113
    2019-06-01 $124,450 (-7.8%) $154,332 (-18.8%) 0.00 123
    2019-07-01 $119,350 (-13.2%) $153,917 (-21.4%) 0.00 128
    2019-08-01 $112,791 (-16.0%) $149,399 (-21.3%) 0.00 120
    2019-09-01 $113,977 (-15.6%) $149,131 (-23.6%) 0.00 118
    2019-10-01 $117,450 (-2.9%) $148,953 (-29.0%) 0.00 116
    2019-11-01 $119,900 (-7.2%) $148,124 (-25.9%) 0.00 107
    2019-12-01 $117,425 (-0.4%) $146,334 (-17.2%) 0.00 112
    2020-01-01 $114,900 (-7.3%) $148,843 (-14.8%) 0.00 104
    2020-02-01 $114,450 (-18.5%) $157,751 (-11.4%) 0.00 87
    2020-03-01 $126,400 (-7.7%) $165,174 (-4.6%) 0.00 88
    2020-04-01 $126,925 (-5.1%) $163,930 (-1.3%) 0.00 87
    2020-05-01 $119,200 (-14.5%) $160,877 (-0.3%) 0.00 65
    2020-06-01 $134,950 (8.4%) $168,228 (9.0%) 0.00 59
    2020-07-01 $142,400 (19.3%) $175,453 (14.0%) 0.00 57
    2020-08-01 $134,000 (18.8%) $180,205 (20.6%) 0.00 55
    2020-09-01 $139,900 (22.7%) $188,278 (26.3%) 0.00 63
    2020-10-01 $136,500 (16.2%) $184,964 (24.2%) 0.00 65
    2020-11-01 $148,650 (24.0%) $192,614 (30.0%) 0.00 59
    2020-12-01 $158,700 (35.2%) $197,743 (35.1%) 0.00 49
    2021-01-01 $159,000 (38.4%) $203,627 (36.8%) 0.00 49
    2021-02-01 $179,450 (56.8%) $222,779 (41.2%) 0.00 44
    2021-03-01 $159,225 (26.0%) $195,747 (18.5%) 0.00 42
    2021-04-01 $158,000 (24.5%) $183,039 (11.7%) 0.00 46
    2021-05-01 $159,900 (34.1%) $213,377 (32.6%) 0.00 43
    2021-06-01 $198,675 (47.2%) $216,930 (29.0%) 0.00 54
    2021-07-01 $189,900 (33.4%) $213,788 (21.9%) 0.00 50
    2021-08-01 $168,000 (25.4%) $208,771 (15.9%) 0.00 55
    2021-09-01 $182,225 (30.3%) $211,112 (12.1%) 0.00 62
    2021-10-01 $169,900 (24.5%) $207,712 (12.3%) 0.00 56
    2021-11-01 $175,400 (18.0%) $216,230 (12.3%) 0.00 54
    2021-12-01 $168,725 (6.3%) $214,690 (8.6%) 0.00 41
    2022-01-01 $139,900 (-12.0%) $183,463 (-9.9%) 0.00 40
    2022-02-01 $136,725 (-23.8%) $170,217 (-23.6%) 0.00 31
    2022-03-01 $148,450 (-6.8%) $159,145 (-18.7%) 0.00 31
    2022-04-01 $169,000 (7.0%) $184,428 (0.8%) 0.00 40
    2022-05-01 $177,425 (11.0%) $211,608 (-0.8%) 0.00 38
    2022-06-01 $177,450 (-10.7%) $233,876 (7.8%) 0.00 46
    2022-07-01 $177,450 (-6.6%) $249,035 (16.5%) 0.00 57
    2022-08-01 $232,175 (38.2%) $276,647 (32.5%) 0.00 55
    2022-09-01 $221,175 (21.4%) $268,789 (27.3%) 0.00 65
    2022-10-01 $236,445 (39.2%) $274,830 (32.3%) 0.00 61
    2022-11-01 $256,248 (46.1%) $283,777 (31.2%) 0.00 64
    2022-12-01 $269,000 (59.4%) $287,339 (33.8%) 0.00 57
    2023-01-01 $249,000 (78.0%) $275,529 (50.2%) 0.00 56
    2023-02-01 $249,000 (82.1%) $270,510 (58.9%) 0.00 55
    2023-03-01 $260,325 (75.4%) $281,198 (76.7%) 0.00 38
    2023-04-01 $249,700 (47.8%) $271,920 (47.4%) 0.00 37
    2023-05-01 $249,500 (40.6%) $282,625 (33.6%) 0.00 33
    2023-06-01 $284,100 (60.1%) $295,191 (26.2%) 0.00 38
    2023-07-01 $249,000 (40.3%) $282,593 (13.5%) 0.00 39
    2023-08-01 $240,000 (3.4%) $268,065 (-3.1%) 0.00 43
    2023-09-01 $257,900 (16.6%) $291,208 (8.3%) 0.00 44
    2023-10-01 $237,000 (0.2%) $290,860 (5.8%) 0.00 54
    2023-11-01 $227,500 (-11.2%) $278,859 (-1.7%) 0.00 53
    2023-12-01 $219,900 (-18.3%) $264,989 (-7.8%) 0.00 60
    2024-01-01 $216,198 (-13.2%) $270,171 (-1.9%) 0.00 55
    2024-02-01 $226,000 (-9.2%) $282,784 (4.5%) 0.00 45
    2024-03-01 $239,900 (-7.9%) $278,282 (-1.0%) 0.00 43
    Sidney's median listing price for 2024-03-01 was $239,900, a difference of $-20,425 (-7.9%) versus the prior year and $13,900 versus the prior month.

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

    Sidney's average listing price for 2024-03-01 was $278,282, a difference of $-2,916 (-1.0%) versus the prior year and $-4,502 versus the prior month.

    For the 2024-03-01 period, Sidney had 43 MLS listings, a difference of -2 listings (-4%) versus the prior month and 5 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sidney (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,691 sqft
    2018-02-01 0 days 1,699 sqft
    2018-03-01 0 days 1,765 sqft
    2018-04-01 0 days 1,746 sqft
    2018-05-01 0 days 1,810 sqft
    2018-06-01 0 days 1,810 sqft
    2018-07-01 0 days 1,783 sqft
    2018-08-01 0 days 1,732 sqft
    2018-09-01 0 days 1,806 sqft
    2018-10-01 0 days 1,810 sqft
    2018-11-01 0 days 1,686 sqft
    2018-12-01 0 days 1,659 sqft
    2019-01-01 0 days 1,622 sqft
    2019-02-01 0 days 1,587 sqft
    2019-03-01 0 days 1,620 sqft
    2019-04-01 0 days 1,650 sqft
    2019-05-01 0 days 1,654 sqft
    2019-06-01 0 days 1,644 sqft
    2019-07-01 0 days 1,601 sqft
    2019-08-01 0 days 1,551 sqft
    2019-09-01 0 days 1,556 sqft
    2019-10-01 0 days 1,547 sqft
    2019-11-01 0 days 1,560 sqft
    2019-12-01 0 days 1,566 sqft
    2020-01-01 0 days 1,538 sqft
    2020-02-01 0 days 1,561 sqft
    2020-03-01 0 days 1,708 sqft
    2020-04-01 0 days 1,661 sqft
    2020-05-01 0 days 1,580 sqft
    2020-06-01 0 days 1,662 sqft
    2020-07-01 0 days 1,744 sqft
    2020-08-01 0 days 1,686 sqft
    2020-09-01 0 days 1,646 sqft
    2020-10-01 0 days 1,686 sqft
    2020-11-01 0 days 1,674 sqft
    2020-12-01 0 days 1,774 sqft
    2021-01-01 0 days 1,728 sqft
    2021-02-01 0 days 1,901 sqft
    2021-03-01 0 days 1,759 sqft
    2021-04-01 0 days 1,711 sqft
    2021-05-01 0 days 1,768 sqft
    2021-06-01 0 days 1,754 sqft
    2021-07-01 0 days 1,728 sqft
    2021-08-01 0 days 1,746 sqft
    2021-09-01 0 days 1,718 sqft
    2021-10-01 0 days 1,704 sqft
    2021-11-01 0 days 1,677 sqft
    2021-12-01 0 days 1,603 sqft
    2022-01-01 0 days 1,604 sqft
    2022-02-01 0 days 1,653 sqft
    2022-03-01 0 days 1,596 sqft
    2022-04-01 0 days 1,596 sqft
    2022-05-01 0 days 1,724 sqft
    2022-06-01 0 days 1,648 sqft
    2022-07-01 0 days 1,763 sqft
    2022-08-01 0 days 1,853 sqft
    2022-09-01 0 days 1,734 sqft
    2022-10-01 0 days 1,680 sqft
    2022-11-01 0 days 1,847 sqft
    2022-12-01 0 days 1,984 sqft
    2023-01-01 0 days 1,842 sqft
    2023-02-01 0 days 1,798 sqft
    2023-03-01 0 days 1,886 sqft
    2023-04-01 0 days 1,888 sqft
    2023-05-01 0 days 1,865 sqft
    2023-06-01 0 days 1,939 sqft
    2023-07-01 0 days 1,904 sqft
    2023-08-01 0 days 1,828 sqft
    2023-09-01 0 days 1,871 sqft
    2023-10-01 0 days 1,881 sqft
    2023-11-01 0 days 1,812 sqft
    2023-12-01 0 days 1,677 sqft
    2024-01-01 0 days 1,682 sqft
    2024-02-01 0 days 1,785 sqft
    2024-03-01 0 days 1,712 sqft
    Sidney's median listing age (time on market) for 2024-03-01 was 0 days.

    Sidney's median square footage for active listings during the 2024-03-01 period was 1,712 sqft. One year prior, the average listing was 1,886 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.