Williamsport VA Loan Rates, Closing Costs & Stats

WILLIAMSPORT, PA

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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.

    Williamsport's 23 lenders originated 98 VA loans during 2023. The total origination value was $21,720,000, with an average VA loan value of $221,633.

    Williamsport VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Williamsport averaged 0.38% for the week of 2024-11-15, compared to the national average (all VA variants) of 0% for the same period.

    Williamsport's average VA mortgage closing costs are $5,236.

    The average rate for the prior week (2024-11-08) was 6.79% and one month ago for the week of 2024-10-11, the average rate was 5.96%.

    The average rate one year ago was 7.65%.

    For refis of the same type during the week of 2024-11-15, the average rate was -0.01%.

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

    Williamsport 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 Williamsport level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 28 6.93% $3,731
    PRIMELENDING, A PLAINSCAPITAL COMPANY 18 6.60% $5,383
    Century Mortgage Company DBA Century Lending Company 10 7.03% $5,128
    QUICKEN LOANS, LLC 7 6.68% $9,870
    PENNYMAC LOAN SERVICES, LLC 4 5.22% $11,013
    NAVY FEDERAL CREDIT UNION 4 5.72% $965
    NBKC BANK 2 5.75% $8,810
    FREEDOM MORTGAGE CORPORATION 2 6.56% $7,042
    UNITED WHOLESALE MORTGAGE, LLC 2 6.81% $420
    Citizens Bank 2 6.50% $13,833
    NEW DAY FINANCIAL, LLC 2 7.75% $15,054
    Barrington Bank & Trust Company, N.A. 1 6.25% $3,887
    VILLAGE CAPITAL MORTGAGE 1 6.63% $2,335
    First Federal Bank of Kansas City 1 7.63% $690
    GUILD MORTGAGE COMPANY 1 6.13% $10,484
    Mid-Continent Funding, Inc. 1 7.13% $6,502
    Mortgage America, Inc. 1 6.75% $5,064
    Mr. Cooper ( Nationstar Mortgage ) 1 6.25% $11,167
    PENTAGON FEDERAL CREDIT UNION 1 5.63% $19,280
    PREMIA MORTGAGE, LLC 1 5.50% $6,314
    Prosperity Home Mortgage, LLC 1 7.13% $3,844
    Univest Bank and Trust Co. 1 7.00% $12,698
    USAA Federal Savings Bank 1 6.75% $3,989

    The top Williamsport VA lender as defined by loan originations is Mortgage Research Center, LLC, with 28 VA loans originated. Their average total fees are $3,731, which is $1,652 lower than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

    The lowest fee Williamsport VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,731), Century Mortgage Company DBA Century Lending Company ($5,128), PRIMELENDING, A PLAINSCAPITAL COMPANY ($5,383), .

    The lowest rate Williamsport VA lenders (with over 10 loans originated) are PRIMELENDING, A PLAINSCAPITAL COMPANY (6.60%), Mortgage Research Center, LLC (6.93%), Century Mortgage Company DBA Century Lending Company (7.03%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Williamsport (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 $163,300 (4.9%) $198,177 (-8.5%) 0.00 297
    2018-02-01 $156,950 (-2.6%) $195,961 (-12.8%) 0.00 282
    2018-03-01 $159,900 (-2.0%) $196,264 (-14.0%) 0.00 282
    2018-04-01 $167,325 (-1.5%) $211,509 (-9.4%) 0.00 290
    2018-05-01 $170,975 (-0.9%) $211,739 (-4.5%) 0.00 291
    2018-06-01 $169,900 (3.0%) $214,930 (0.7%) 0.00 319
    2018-07-01 $173,725 (2.5%) $219,093 (2.5%) 0.00 328
    2018-08-01 $174,900 (1.9%) $224,827 (4.4%) 0.00 337
    2018-09-01 $169,200 (-3.6%) $218,451 (-0.1%) 0.00 337
    2018-10-01 $164,450 (-6.0%) $214,935 (0.5%) 0.00 318
    2018-11-01 $161,950 (-4.7%) $217,029 (6.7%) 0.00 297
    2018-12-01 $160,065 (-3.0%) $245,798 (24.0%) 0.00 287
    2019-01-01 $159,948 (-2.1%) $245,037 (23.7%) 0.00 271
    2019-02-01 $158,725 (1.1%) $248,681 (26.9%) 0.00 245
    2019-03-01 $156,929 (-1.9%) $242,616 (23.6%) 0.00 254
    2019-04-01 $154,900 (-7.4%) $231,892 (9.6%) 0.00 267
    2019-05-01 $160,450 (-6.2%) $245,587 (16.0%) 0.00 285
    2019-06-01 $159,900 (-5.9%) $241,794 (12.5%) 0.00 329
    2019-07-01 $157,225 (-9.5%) $240,594 (9.8%) 0.00 343
    2019-08-01 $157,909 (-9.7%) $239,737 (6.6%) 0.00 340
    2019-09-01 $156,273 (-7.6%) $234,330 (7.3%) 0.00 340
    2019-10-01 $157,632 (-4.2%) $223,195 (3.8%) 0.00 330
    2019-11-01 $151,000 (-6.8%) $204,378 (-5.8%) 0.00 324
    2019-12-01 $149,950 (-6.3%) $205,312 (-16.5%) 0.00 287
    2020-01-01 $152,400 (-4.7%) $205,558 (-16.1%) 0.00 254
    2020-02-01 $159,000 (0.2%) $208,783 (-16.0%) 0.00 250
    2020-03-01 $158,200 (0.8%) $206,483 (-14.9%) 0.00 244
    2020-04-01 $160,000 (3.3%) $204,907 (-11.6%) 0.00 217
    2020-05-01 $154,900 (-3.5%) $211,507 (-13.9%) 0.00 199
    2020-06-01 $142,950 (-10.6%) $209,974 (-13.2%) 0.00 176
    2020-07-01 $160,700 (2.2%) $221,266 (-8.0%) 0.00 182
    2020-08-01 $171,250 (8.5%) $235,786 (-1.7%) 0.00 175
    2020-09-01 $178,825 (14.4%) $246,746 (5.3%) 0.00 171
    2020-10-01 $174,900 (11.0%) $235,834 (5.7%) 0.00 181
    2020-11-01 $173,051 (14.6%) $226,543 (10.8%) 0.00 196
    2020-12-01 $168,200 (12.2%) $228,677 (11.4%) 0.00 164
    2021-01-01 $159,900 (4.9%) $219,163 (6.6%) 0.00 145
    2021-02-01 $163,849 (3.1%) $234,068 (12.1%) 0.00 128
    2021-03-01 $162,450 (2.7%) $231,072 (11.9%) 0.00 105
    2021-04-01 $169,925 (6.2%) $239,559 (16.9%) 0.00 103
    2021-05-01 $183,900 (18.7%) $244,480 (15.6%) 0.00 91
    2021-06-01 $182,675 (27.8%) $238,930 (13.8%) 0.00 91
    2021-07-01 $175,900 (9.5%) $228,316 (3.2%) 0.00 127
    2021-08-01 $174,275 (1.8%) $228,915 (-2.9%) 0.00 129
    2021-09-01 $174,850 (-2.2%) $227,066 (-8.0%) 0.00 138
    2021-10-01 $169,900 (-2.9%) $233,467 (-1.0%) 0.00 117
    2021-11-01 $169,900 (-1.8%) $236,384 (4.3%) 0.00 97
    2021-12-01 $172,450 (2.5%) $248,685 (8.8%) 0.00 98
    2022-01-01 $179,900 (12.5%) $255,062 (16.4%) 0.00 80
    2022-02-01 $178,175 (8.7%) $273,179 (16.7%) 0.00 59
    2022-03-01 $179,675 (10.6%) $241,291 (4.4%) 0.00 66
    2022-04-01 $186,450 (9.7%) $249,862 (4.3%) 0.00 69
    2022-05-01 $195,500 (6.3%) $294,126 (20.3%) 0.00 83
    2022-06-01 $222,950 (22.1%) $298,859 (25.1%) 0.00 110
    2022-07-01 $249,900 (42.1%) $305,513 (33.8%) 0.00 126
    2022-08-01 $239,675 (37.5%) $303,477 (32.6%) 0.00 131
    2022-09-01 $239,900 (37.2%) $306,492 (35.0%) 0.00 121
    2022-10-01 $225,000 (32.4%) $268,709 (15.1%) 0.00 141
    2022-11-01 $210,675 (24.0%) $259,999 (10.0%) 0.00 143
    2022-12-01 $199,900 (15.9%) $257,068 (3.4%) 0.00 123
    2023-01-01 $199,900 (11.1%) $244,464 (-4.2%) 0.00 121
    2023-02-01 $199,925 (12.2%) $250,130 (-8.4%) 0.00 93
    2023-03-01 $210,450 (17.1%) $268,112 (11.1%) 0.00 87
    2023-04-01 $222,450 (19.3%) $286,738 (14.8%) 0.00 91
    2023-05-01 $246,425 (26.1%) $271,767 (-7.6%) 0.00 99
    2023-06-01 $234,900 (5.4%) $280,179 (-6.3%) 0.00 113
    2023-07-01 $225,000 (-10.0%) $304,694 (-0.3%) 0.00 120
    2023-08-01 $235,225 (-1.9%) $302,548 (-0.3%) 0.00 134
    2023-09-01 $235,000 (-2.0%) $296,647 (-3.2%) 0.00 136
    2023-10-01 $247,975 (10.2%) $302,341 (12.5%) 0.00 134
    2023-11-01 $246,725 (17.1%) $305,659 (17.6%) 0.00 130
    2023-12-01 $242,650 (21.4%) $305,900 (19.0%) 0.00 109
    2024-01-01 $255,600 (27.9%) $306,780 (25.5%) 0.00 102
    2024-02-01 $223,725 (11.9%) $283,097 (13.2%) 0.00 92
    2024-03-01 $239,900 (14.0%) $292,377 (9.1%) 0.00 87
    2024-04-01 $239,925 (7.9%) $282,697 (-1.4%) 0.00 93
    2024-05-01 $238,725 (-3.1%) $282,592 (4.0%) 0.00 102
    2024-06-01 $237,450 (1.1%) $329,396 (17.6%) 0.00 116
    2024-07-01 $236,150 (5.0%) $327,892 (7.6%) 0.00 132
    2024-08-01 $253,000 (7.6%) $335,375 (10.9%) 0.00 145
    2024-09-01 $257,200 (9.5%) $318,782 (7.5%) 0.00 169
    2024-10-01 $253,700 (2.3%) $313,910 (3.8%) 0.00 172
    Williamsport's median listing price for 2024-10-01 was $253,700, a difference of $5,725 (2.3%) versus the prior year and $-3,500 versus the prior month.

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

    Williamsport's average listing price for 2024-10-01 was $313,910, a difference of $11,569 (3.8%) versus the prior year and $-4,872 versus the prior month.

    For the 2024-10-01 period, Williamsport had 172 MLS listings, a difference of 3 listings (2%) versus the prior month and 38 listings (28%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Williamsport (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,728 sqft
    2018-02-01 0 days 1,718 sqft
    2018-03-01 0 days 1,712 sqft
    2018-04-01 0 days 1,735 sqft
    2018-05-01 0 days 1,783 sqft
    2018-06-01 0 days 1,797 sqft
    2018-07-01 0 days 1,823 sqft
    2018-08-01 0 days 1,857 sqft
    2018-09-01 0 days 1,823 sqft
    2018-10-01 0 days 1,807 sqft
    2018-11-01 0 days 1,796 sqft
    2018-12-01 0 days 1,792 sqft
    2019-01-01 0 days 1,743 sqft
    2019-02-01 0 days 1,693 sqft
    2019-03-01 0 days 1,702 sqft
    2019-04-01 0 days 1,735 sqft
    2019-05-01 0 days 1,783 sqft
    2019-06-01 0 days 1,792 sqft
    2019-07-01 0 days 1,810 sqft
    2019-08-01 0 days 1,802 sqft
    2019-09-01 0 days 1,769 sqft
    2019-10-01 0 days 1,756 sqft
    2019-11-01 0 days 1,726 sqft
    2019-12-01 0 days 1,732 sqft
    2020-01-01 0 days 1,732 sqft
    2020-02-01 0 days 1,743 sqft
    2020-03-01 0 days 1,740 sqft
    2020-04-01 0 days 1,739 sqft
    2020-05-01 0 days 1,716 sqft
    2020-06-01 0 days 1,677 sqft
    2020-07-01 0 days 1,729 sqft
    2020-08-01 0 days 1,824 sqft
    2020-09-01 0 days 1,879 sqft
    2020-10-01 0 days 1,851 sqft
    2020-11-01 0 days 1,837 sqft
    2020-12-01 0 days 1,770 sqft
    2021-01-01 0 days 1,726 sqft
    2021-02-01 0 days 1,676 sqft
    2021-03-01 0 days 1,660 sqft
    2021-04-01 0 days 1,654 sqft
    2021-05-01 0 days 1,651 sqft
    2021-06-01 0 days 1,702 sqft
    2021-07-01 0 days 1,792 sqft
    2021-08-01 0 days 1,760 sqft
    2021-09-01 0 days 1,750 sqft
    2021-10-01 0 days 1,780 sqft
    2021-11-01 0 days 1,763 sqft
    2021-12-01 0 days 1,789 sqft
    2022-01-01 0 days 1,685 sqft
    2022-02-01 0 days 1,685 sqft
    2022-03-01 0 days 1,684 sqft
    2022-04-01 0 days 1,692 sqft
    2022-05-01 0 days 1,671 sqft
    2022-06-01 0 days 1,773 sqft
    2022-07-01 0 days 1,848 sqft
    2022-08-01 0 days 1,837 sqft
    2022-09-01 0 days 1,846 sqft
    2022-10-01 0 days 1,744 sqft
    2022-11-01 0 days 1,722 sqft
    2022-12-01 0 days 1,640 sqft
    2023-01-01 0 days 1,640 sqft
    2023-02-01 0 days 1,674 sqft
    2023-03-01 0 days 1,723 sqft
    2023-04-01 0 days 1,771 sqft
    2023-05-01 0 days 1,806 sqft
    2023-06-01 0 days 1,799 sqft
    2023-07-01 0 days 1,739 sqft
    2023-08-01 0 days 1,827 sqft
    2023-09-01 0 days 1,760 sqft
    2023-10-01 0 days 1,776 sqft
    2023-11-01 0 days 1,780 sqft
    2023-12-01 0 days 1,813 sqft
    2024-01-01 0 days 1,814 sqft
    2024-02-01 0 days 1,728 sqft
    2024-03-01 0 days 1,803 sqft
    2024-04-01 0 days 1,753 sqft
    2024-05-01 0 days 1,629 sqft
    2024-06-01 0 days 1,672 sqft
    2024-07-01 0 days 1,724 sqft
    2024-08-01 0 days 1,795 sqft
    2024-09-01 0 days 1,812 sqft
    2024-10-01 0 days 1,808 sqft
    Williamsport's median listing age (time on market) for 2024-10-01 was 0 days.

    Williamsport's median square footage for active listings during the 2024-10-01 period was 1,808 sqft. One year prior, the average listing was 1,776 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.