Trenton VA Loan Rates, Closing Costs & Stats

TRENTON-PRINCETON, NJ

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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.

    Trenton's 44 lenders originated 126 VA loans during 2024. The total origination value was $56,460,000, with an average VA loan value of $448,095.

    Trenton VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Trenton averaged 0.6% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

    Trenton's average VA mortgage closing costs are $7,898.

    The average rate for the prior week (2025-06-27) was 6.93% and one month ago for the week of 2025-05-30, the average rate was 6.76%.

    The average rate one year ago was 6.77%.

    For refis of the same type during the week of 2025-07-04, the average rate was 0.36%.

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

    Trenton 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 Trenton level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 16 6.36% $12,664
    UNITED WHOLESALE MORTGAGE, LLC 10 5.99% $9,324
    FREEDOM MORTGAGE CORPORATION 8 6.20% $5,477
    PENNYMAC LOAN SERVICES, LLC 7 5.92% $17,416
    QUICKEN LOANS, LLC 7 6.48% $23,448
    LOANDEPOT.COM, LLC 6 6.54% $15,709
    NAVY FEDERAL CREDIT UNION 6 5.60% $11,171
    VILLAGE CAPITAL MORTGAGE 4 5.62% $8,609
    NEW DAY FINANCIAL, LLC 4 7.87% $10,936
    Prosperity Home Mortgage, LLC 3 6.37% $15,880
    MOVEMENT MORTGAGE, LLC 3 6.67% $8,231
    NFM, INC. 3 6.54% $11,949
    The Federal Savings Bank 3 6.29% $32,753
    Texana Bank 2 6.44% $14,243
    CROSSCOUNTRY MORTGAGE, LLC 2 5.88% $15,039
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.94% $10,040
    First Federal Bank 2 6.00% $22,341
    Flagstar Bank, FSB 2 6.15% $16,302
    GREENTREE MORTGAGE COMPANY, L.P. 2 6.38% $18,651
    NATION ONE MORTGAGE CORPORATION 2 6.00% $17,168
    NVR Mortgage Finance, Inc. 2 5.31% $18,968
    UNION HOME MORTGAGE CORP. 2 6.88% $10,761
    USAA Federal Savings Bank 2 5.94% $6,184
    LADERA LENDING, INC. 1 7.25% $17,950
    GUARANTEED RATE, INC. 1 6.25% $5,231
    NEWREZ LLC 1 6.75% $19,474
    GUARANTEED RATE AFFINITY, LLC 1 6.68% $14,311
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $20,978
    OceanFirst Bank 1 6.00% $3,268
    PANORAMA MORTGAGE GROUP, LLC 1 5.63% $15,675
    EMM LOANS LLC 1 6.50% $12,377
    Plains Commerce Bank 1 6.50% $18,948
    PLANET HOME LENDING, LLC 1 6.75% $12,872
    PLUS RELOCATION MORTGAGE, LLC 1 6.25% $6,351
    EMBRACE HOME LOANS, INC. 1 5.75% $8,547
    Citizens Bank 1 6.38% $4,477
    SUN WEST MORTGAGE COMPANY, INC. 1 6.25% $22,939
    T2 FINANCIAL LLC 1 6.13% $20,618
    ABSOLUTE HOME MORTGAGE CORPORATION 1 7.25% $22,447
    BAY EQUITY LLC 1 6.63% $5,889
    Magnolia Bank 1 4.88% $26,343
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $3,258
    Lakeview Community Capital, LLC 1 6.25% $13,039
    AMERICAN FINANCING CORPORATION 1 5.50% $18,423

    The top Trenton VA lender as defined by loan originations is Mortgage Research Center, LLC, with 16 VA loans originated. Their average total fees are $12,664, which is $3,340 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Trenton VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($9,324), Mortgage Research Center, LLC ($12,664), .

    The lowest rate Trenton VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.99%), Mortgage Research Center, LLC (6.36%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Trenton (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 $227,175 (4.7%) $382,058 (-4.5%) 0.84 1,156
    2018-02-01 $228,550 (1.6%) $386,625 (-2.7%) 0.83 1,205
    2018-03-01 $255,000 (11.1%) $424,270 (0.3%) 0.89 1,192
    2018-04-01 $274,250 (5.9%) $475,863 (5.0%) 0.93 1,313
    2018-05-01 $301,200 (11.6%) $504,014 (6.6%) 1.01 1,398
    2018-06-01 $299,999 (9.1%) $495,719 (2.0%) 1.00 1,484
    2018-07-01 $304,450 (8.9%) $487,408 (0.5%) 1.02 1,515
    2018-08-01 $299,000 (10.9%) $483,118 (4.0%) 1.00 1,496
    2018-09-01 $289,950 (10.9%) $469,656 (2.4%) 0.97 1,508
    2018-10-01 $289,000 (13.4%) $467,512 (3.6%) 0.98 1,481
    2018-11-01 $284,500 (16.1%) $472,547 (11.4%) 0.96 1,411
    2018-12-01 $270,450 (17.6%) $448,552 (9.0%) 0.93 1,246
    2019-01-01 $267,000 (17.5%) $443,245 (16.0%) 0.92 1,136
    2019-02-01 $282,100 (23.4%) $467,039 (20.8%) 0.95 1,142
    2019-03-01 $306,143 (20.1%) $491,375 (15.8%) 1.00 1,224
    2019-04-01 $329,450 (20.1%) $525,647 (10.5%) 1.05 1,306
    2019-05-01 $349,900 (16.2%) $549,328 (9.0%) 1.09 1,381
    2019-06-01 $359,000 (19.7%) $556,498 (12.3%) 1.12 1,366
    2019-07-01 $352,394 (15.8%) $543,541 (11.5%) 1.10 1,376
    2019-08-01 $349,245 (16.8%) $535,612 (10.9%) 1.11 1,320
    2019-09-01 $349,614 (20.6%) $535,777 (14.1%) 1.12 1,238
    2019-10-01 $349,859 (21.1%) $535,887 (14.6%) 1.13 1,185
    2019-11-01 $330,000 (16.0%) $529,155 (12.0%) 1.08 1,129
    2019-12-01 $327,000 (20.9%) $530,701 (18.3%) 1.09 929
    2020-01-01 $320,725 (20.1%) $529,696 (19.5%) 1.07 829
    2020-02-01 $339,900 (20.5%) $548,508 (17.4%) 1.11 854
    2020-03-01 $370,550 (21.0%) $593,569 (20.8%) 1.16 902
    2020-04-01 $361,000 (9.6%) $581,581 (10.6%) 1.13 803
    2020-05-01 $385,000 (10.0%) $581,959 (5.9%) 1.17 791
    2020-06-01 $406,970 (13.4%) $597,505 (7.4%) 1.20 811
    2020-07-01 $403,723 (14.6%) $625,994 (15.2%) 1.17 765
    2020-08-01 $409,000 (17.1%) $638,713 (19.3%) 1.17 689
    2020-09-01 $422,450 (20.8%) $656,897 (22.6%) 1.21 652
    2020-10-01 $410,000 (17.2%) $649,449 (21.2%) 1.17 621
    2020-11-01 $385,725 (16.9%) $632,720 (19.6%) 1.13 581
    2020-12-01 $389,748 (19.2%) $635,056 (19.7%) 1.16 502
    2021-01-01 $371,250 (15.8%) $613,125 (15.8%) 1.11 392
    2021-02-01 $377,000 (10.9%) $718,218 (30.9%) 1.10 328
    2021-03-01 $399,450 (7.8%) $724,112 (22.0%) 1.13 370
    2021-04-01 $389,225 (7.8%) $710,502 (22.2%) 1.05 391
    2021-05-01 $399,900 (3.9%) $686,924 (18.0%) 1.06 474
    2021-06-01 $355,200 (-12.7%) $609,571 (2.0%) 0.94 610
    2021-07-01 $350,000 (-13.3%) $576,887 (-7.8%) 0.92 697
    2021-08-01 $354,900 (-13.2%) $580,077 (-9.2%) 0.95 662
    2021-09-01 $355,950 (-15.7%) $594,873 (-9.4%) 0.95 625
    2021-10-01 $339,000 (-17.3%) $580,945 (-10.6%) 0.90 601
    2021-11-01 $327,500 (-15.1%) $582,731 (-7.9%) 0.88 509
    2021-12-01 $294,200 (-24.5%) $554,034 (-12.8%) 0.80 413
    2022-01-01 $275,000 (-25.9%) $549,949 (-10.3%) 0.74 322
    2022-02-01 $284,975 (-24.4%) $610,949 (-14.9%) 0.74 339
    2022-03-01 $307,475 (-23.0%) $625,471 (-13.6%) 0.77 365
    2022-04-01 $329,450 (-15.4%) $680,449 (-4.2%) 0.79 396
    2022-05-01 $372,000 (-7.0%) $702,000 (2.2%) 0.85 499
    2022-06-01 $377,500 (6.3%) $686,923 (12.7%) 0.84 527
    2022-07-01 $374,950 (7.1%) $647,359 (12.2%) 0.84 574
    2022-08-01 $388,775 (9.5%) $644,129 (11.0%) 0.90 583
    2022-09-01 $375,225 (5.4%) $633,640 (6.5%) 0.88 523
    2022-10-01 $378,000 (11.5%) $657,068 (13.1%) 0.89 516
    2022-11-01 $374,950 (14.5%) $625,281 (7.3%) 0.90 517
    2022-12-01 $359,000 (22.0%) $603,448 (8.9%) 0.89 424
    2023-01-01 $369,950 (34.5%) $611,320 (11.2%) 0.92 366
    2023-02-01 $374,850 (31.5%) $659,532 (8.0%) 0.90 339
    2023-03-01 $387,000 (25.9%) $686,810 (9.8%) 0.91 332
    2023-04-01 $419,999 (27.5%) $757,033 (11.3%) 0.98 323
    2023-05-01 $460,975 (23.9%) $787,754 (12.2%) 1.05 322
    2023-06-01 $495,500 (31.3%) $822,369 (19.7%) 1.11 350
    2023-07-01 $459,900 (22.7%) $824,094 (27.3%) 1.05 353
    2023-08-01 $444,950 (14.5%) $798,416 (24.0%) 1.02 376
    2023-09-01 $420,000 (11.9%) $772,047 (21.8%) 0.98 381
    2023-10-01 $427,450 (13.1%) $737,658 (12.3%) 1.01 409
    2023-11-01 $394,672 (5.3%) $696,490 (11.4%) 0.94 380
    2023-12-01 $380,000 (5.9%) $611,222 (1.3%) 0.93 323
    2024-01-01 $392,000 (6.0%) $618,403 (1.2%) 0.96 300
    2024-02-01 $384,500 (2.6%) $606,912 (-8.0%) 0.93 298
    2024-03-01 $399,900 (3.3%) $657,574 (-4.3%) 0.94 317
    2024-04-01 $447,475 (6.5%) $708,887 (-6.4%) 1.04 359
    2024-05-01 $453,250 (-1.7%) $766,700 (-2.7%) 1.03 397
    2024-06-01 $469,450 (-5.3%) $800,456 (-2.7%) 1.07 417
    2024-07-01 $460,000 (0.0%) $781,129 (-5.2%) 1.05 438
    2024-08-01 $450,000 (1.1%) $719,684 (-9.9%) 1.05 493
    2024-09-01 $461,000 (9.8%) $718,147 (-7.0%) 1.08 542
    2024-10-01 $471,475 (10.3%) $719,461 (-2.5%) 1.11 544
    2024-11-01 $449,900 (14.0%) $710,164 (2.0%) 1.08 521
    2024-12-01 $422,000 (11.1%) $697,345 (14.1%) 1.05 442
    2025-01-01 $417,000 (6.4%) $690,891 (11.7%) 1.04 414
    2025-02-01 $432,000 (12.4%) $703,347 (15.9%) 1.05 408
    2025-03-01 $450,000 (12.5%) $723,244 (10.0%) 1.06 497
    2025-04-01 $465,000 (3.9%) $772,108 (8.9%) 1.08 536
    2025-05-01 $477,000 (5.2%) $776,367 (1.3%) 1.08 593
    Trenton's median listing price for 2025-05-01 was $477,000, a difference of $23,750 (5.2%) versus the prior year and $12,000 versus the prior month.

    Trenton's median listing price comes in at 108% of the national average.

    Trenton's average listing price for 2025-05-01 was $776,367, a difference of $9,667 (1.3%) versus the prior year and $4,259 versus the prior month.

    For the 2025-05-01 period, Trenton had 593 MLS listings, a difference of 57 listings (11%) versus the prior month and 196 listings (49%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Trenton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 88 days 1,556 sqft
    2018-02-01 78 days 1,564 sqft
    2018-03-01 58 days 1,620 sqft
    2018-04-01 47 days 1,673 sqft
    2018-05-01 46 days 1,738 sqft
    2018-06-01 51 days 1,745 sqft
    2018-07-01 60 days 1,746 sqft
    2018-08-01 63 days 1,750 sqft
    2018-09-01 68 days 1,708 sqft
    2018-10-01 67 days 1,719 sqft
    2018-11-01 67 days 1,719 sqft
    2018-12-01 76 days 1,656 sqft
    2019-01-01 81 days 1,660 sqft
    2019-02-01 72 days 1,705 sqft
    2019-03-01 52 days 1,761 sqft
    2019-04-01 44 days 1,822 sqft
    2019-05-01 45 days 1,893 sqft
    2019-06-01 55 days 1,903 sqft
    2019-07-01 59 days 1,886 sqft
    2019-08-01 61 days 1,885 sqft
    2019-09-01 65 days 1,886 sqft
    2019-10-01 68 days 1,879 sqft
    2019-11-01 71 days 1,844 sqft
    2019-12-01 83 days 1,811 sqft
    2020-01-01 87 days 1,817 sqft
    2020-02-01 68 days 1,895 sqft
    2020-03-01 43 days 1,958 sqft
    2020-04-01 58 days 1,942 sqft
    2020-05-01 74 days 1,978 sqft
    2020-06-01 61 days 2,027 sqft
    2020-07-01 46 days 1,990 sqft
    2020-08-01 44 days 1,942 sqft
    2020-09-01 43 days 1,987 sqft
    2020-10-01 48 days 1,960 sqft
    2020-11-01 50 days 1,894 sqft
    2020-12-01 60 days 1,902 sqft
    2021-01-01 64 days 1,864 sqft
    2021-02-01 55 days 1,815 sqft
    2021-03-01 24 days 1,821 sqft
    2021-04-01 24 days 1,807 sqft
    2021-05-01 26 days 1,820 sqft
    2021-06-01 30 days 1,656 sqft
    2021-07-01 33 days 1,643 sqft
    2021-08-01 43 days 1,641 sqft
    2021-09-01 48 days 1,634 sqft
    2021-10-01 42 days 1,621 sqft
    2021-11-01 48 days 1,583 sqft
    2021-12-01 63 days 1,518 sqft
    2022-01-01 58 days 1,499 sqft
    2022-02-01 40 days 1,495 sqft
    2022-03-01 33 days 1,525 sqft
    2022-04-01 26 days 1,578 sqft
    2022-05-01 30 days 1,654 sqft
    2022-06-01 33 days 1,702 sqft
    2022-07-01 36 days 1,663 sqft
    2022-08-01 40 days 1,661 sqft
    2022-09-01 48 days 1,680 sqft
    2022-10-01 55 days 1,651 sqft
    2022-11-01 56 days 1,685 sqft
    2022-12-01 64 days 1,657 sqft
    2023-01-01 74 days 1,700 sqft
    2023-02-01 55 days 1,682 sqft
    2023-03-01 37 days 1,691 sqft
    2023-04-01 37 days 1,678 sqft
    2023-05-01 32 days 1,697 sqft
    2023-06-01 30 days 1,818 sqft
    2023-07-01 33 days 1,789 sqft
    2023-08-01 31 days 1,705 sqft
    2023-09-01 33 days 1,666 sqft
    2023-10-01 36 days 1,720 sqft
    2023-11-01 42 days 1,604 sqft
    2023-12-01 46 days 1,574 sqft
    2024-01-01 51 days 1,585 sqft
    2024-02-01 36 days 1,573 sqft
    2024-03-01 33 days 1,687 sqft
    2024-04-01 25 days 1,722 sqft
    2024-05-01 27 days 1,700 sqft
    2024-06-01 33 days 1,764 sqft
    2024-07-01 40 days 1,741 sqft
    2024-08-01 34 days 1,721 sqft
    2024-09-01 36 days 1,704 sqft
    2024-10-01 41 days 1,725 sqft
    2024-11-01 48 days 1,641 sqft
    2024-12-01 52 days 1,550 sqft
    2025-01-01 60 days 1,542 sqft
    2025-02-01 52 days 1,564 sqft
    2025-03-01 29 days 1,650 sqft
    2025-04-01 31 days 1,686 sqft
    2025-05-01 32 days 1,707 sqft
    Trenton's median listing age (time on market) for 2025-05-01 was 32 days. This is 19% longer than the same period one year ago.

    Trenton's median square footage for active listings during the 2025-05-01 period was 1,707 sqft. One year prior, the average listing was 1,700 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.