Winchester VA Loan Rates, Closing Costs & Stats

WINCHESTER, VA-WV

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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.

    Winchester's 60 lenders originated 254 VA loans during 2023. The total origination value was $109,160,000, with an average VA loan value of $429,764.

    Winchester VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Winchester averaged 6.35% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Winchester's average VA mortgage closing costs are $7,254.

    The average rate for the prior week (2025-02-07) was 6.28% and one month ago for the week of 2025-01-10, the average rate was 6.52%.

    The average rate one year ago was 6.34%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.7%.

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

    Winchester 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 Winchester level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 19 6.53% $10,041
    NAVY FEDERAL CREDIT UNION 18 5.78% $4,456
    QUICKEN LOANS, LLC 16 6.08% $14,635
    EAGLE HOME MORTGAGE, LLC 15 5.80% $4,908
    LOANDEPOT.COM, LLC 14 5.98% $13,643
    UNITED WHOLESALE MORTGAGE, LLC 11 6.34% $12,823
    Atlantic Coast Mortgage, LLC 11 6.28% $14,042
    Integrity Home Mortgage Corp 10 6.51% $12,225
    MOVEMENT MORTGAGE, LLC 9 6.33% $11,156
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.54% $11,317
    NVR Mortgage Finance, Inc. 8 5.45% $5,863
    INTERCOASTAL MORTGAGE COMPANY 7 6.02% $12,071
    USAA Federal Savings Bank 6 5.98% $18,846
    HOMEAMERICAN MORTGAGE CORPORATION 6 5.10% $6,539
    CMG MORTGAGE, INC. 6 6.29% $12,666
    DHI MORTGAGE COMPANY, LTD. 5 5.57% $17,920
    Mr. Cooper ( Nationstar Mortgage ) 5 5.90% $15,119
    GSF Mortgage Corporation 5 6.02% $14,167
    TIDEWATER MORTGAGE SERVICES, INC. 5 6.53% $13,869
    PENTAGON FEDERAL CREDIT UNION 4 5.53% $8,572
    Shea Mortgage Inc. 4 6.31% $5,308
    FREEDOM MORTGAGE CORPORATION 4 6.88% $18,511
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $7,261
    EMBRACE HOME LOANS, INC. 2 6.50% $6,493
    CBM Mortgage, Inc. 2 6.50% $45,682
    AMERICAN FINANCIAL NETWORK, INC. 2 6.88% $11,461
    Alcova Mortgage LLC 2 6.88% $309
    Prosperity Home Mortgage, LLC 2 5.44% $16,121
    Ameris Bank 2 5.44% $16,006
    The Federal Savings Bank 2 6.69% $16,353
    Vellum Mortgage, Inc. 2 6.56% $16,552
    GUILD MORTGAGE COMPANY 2 6.63% $18,570
    VILLAGE CAPITAL MORTGAGE 1 5.75% $6,914
    Advance Financial Group, LLC 1 6.00% $8,751
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.25% $3,999
    Barrington Bank & Trust Company, N.A. 1 6.25% $13,549
    BAY EQUITY LLC 1 5.75% $25,462
    Capital Bank 1 6.50% $11,557
    CARDINAL FINANCIAL 1 5.75% $48,995
    CHURCHILL MORTGAGE CORPORATION 1 7.50% $14,209
    CROSSCOUNTRY MORTGAGE, LLC 1 7.13% $6,988
    DRAPER AND KRAMER MORTGAGE CORP. 1 6.13% $2,545
    Equity Prime Mortgage LLC 1 7.25% $1,466
    First Federal Bank 1 8.00% $17,742
    First Heritage Mortgage, LLC 1 5.88% $14,215
    Flagstar Bank, FSB 1 6.63% $14,943
    George Mason Mortgage, LLC 1 6.13% $12,984
    HOMESPIRE MORTGAGE CORPORATION 1 6.75% $6,257
    JAMS-01, INC. 1 6.50% $19,611
    MORTGAGE ACCESS CORP. 1 6.25% $14,460
    NEW DAY FINANCIAL, LLC 1 6.99% $24,046
    Northwest Federal Credit Union 1 7.75% $2,871
    Paramount Bank 1 7.00% $2,907
    PENNYMAC LOAN SERVICES, LLC 1 6.13% $21,166
    Plains Commerce Bank 1 6.13% $31,959
    POLARIS HOME FUNDING CORP. 1 7.63% $16,968
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.75% $12,348
    SUN WEST MORTGAGE COMPANY, INC. 1 6.88% $14,846
    Towne Bank 1 5.75% $4,503
    ACADEMY MORTGAGE CORPORATION 1 7.25% $3,557

    The top Winchester VA lender as defined by loan originations is Mortgage Research Center, LLC, with 19 VA loans originated. Their average total fees are $10,041, which is $5,585 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

    The lowest fee Winchester VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($4,456), EAGLE HOME MORTGAGE, LLC ($4,908), Mortgage Research Center, LLC ($10,041), Integrity Home Mortgage Corp ($12,225) and UNITED WHOLESALE MORTGAGE, LLC ($12,823).

    The lowest rate Winchester VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.78%), EAGLE HOME MORTGAGE, LLC (5.80%), LOANDEPOT.COM, LLC (5.98%), QUICKEN LOANS, LLC (6.08%) and Atlantic Coast Mortgage, LLC (6.28%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Winchester (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 $280,218 (4.9%) $311,159 (7.3%) 0.00 494
    2018-02-01 $289,448 (6.4%) $317,631 (8.1%) 0.00 504
    2018-03-01 $294,990 (5.0%) $320,228 (4.4%) 0.00 548
    2018-04-01 $299,900 (7.1%) $326,879 (5.3%) 0.00 596
    2018-05-01 $299,990 (2.1%) $331,302 (3.2%) 0.00 640
    2018-06-01 $299,900 (0.6%) $325,643 (0.8%) 0.00 690
    2018-07-01 $298,468 (3.5%) $321,983 (3.6%) 0.00 730
    2018-08-01 $290,000 (0.3%) $316,912 (2.5%) 0.00 741
    2018-09-01 $279,500 (-3.0%) $311,418 (-0.5%) 0.00 751
    2018-10-01 $279,700 (-4.4%) $316,157 (1.4%) 0.00 729
    2018-11-01 $287,372 (2.1%) $319,358 (1.8%) 0.00 727
    2018-12-01 $289,900 (5.4%) $319,735 (4.5%) 0.00 663
    2019-01-01 $289,900 (3.5%) $318,070 (2.2%) 0.00 566
    2019-02-01 $297,473 (2.8%) $323,036 (1.7%) 0.00 569
    2019-03-01 $299,514 (1.5%) $328,334 (2.5%) 0.00 599
    2019-04-01 $299,064 (-0.3%) $331,642 (1.5%) 0.00 641
    2019-05-01 $302,990 (1.0%) $342,919 (3.5%) 0.00 621
    2019-06-01 $299,000 (-0.3%) $342,852 (5.3%) 0.00 644
    2019-07-01 $302,250 (1.3%) $341,251 (6.0%) 0.00 643
    2019-08-01 $299,984 (3.4%) $339,809 (7.2%) 0.00 654
    2019-09-01 $299,962 (7.3%) $338,276 (8.6%) 0.00 671
    2019-10-01 $302,097 (8.0%) $337,528 (6.8%) 0.00 678
    2019-11-01 $299,000 (4.1%) $333,642 (4.5%) 0.00 628
    2019-12-01 $299,450 (3.3%) $334,620 (4.7%) 0.00 569
    2020-01-01 $294,950 (1.7%) $334,474 (5.2%) 0.00 523
    2020-02-01 $299,850 (0.8%) $339,452 (5.1%) 0.00 495
    2020-03-01 $302,500 (1.0%) $344,457 (4.9%) 0.00 501
    2020-04-01 $303,248 (1.4%) $348,295 (5.0%) 0.00 505
    2020-05-01 $317,990 (5.0%) $354,356 (3.3%) 0.00 500
    2020-06-01 $327,230 (9.4%) $369,339 (7.7%) 0.00 436
    2020-07-01 $315,498 (4.4%) $370,334 (8.5%) 0.00 375
    2020-08-01 $330,990 (10.3%) $393,074 (15.7%) 0.00 308
    2020-09-01 $328,748 (9.6%) $392,646 (16.1%) 0.00 262
    2020-10-01 $299,900 (-0.7%) $387,350 (14.8%) 0.00 252
    2020-11-01 $299,950 (0.3%) $400,040 (19.9%) 0.00 240
    2020-12-01 $309,925 (3.5%) $408,988 (22.2%) 0.00 206
    2021-01-01 $329,900 (11.9%) $408,074 (22.0%) 0.00 171
    2021-02-01 $333,450 (11.2%) $407,939 (20.2%) 0.00 142
    2021-03-01 $369,450 (22.1%) $415,517 (20.6%) 0.00 162
    2021-04-01 $373,881 (23.3%) $411,952 (18.3%) 0.00 196
    2021-05-01 $389,900 (22.6%) $415,626 (17.3%) 0.00 206
    2021-06-01 $389,900 (19.2%) $429,979 (16.4%) 0.00 240
    2021-07-01 $379,900 (20.4%) $433,701 (17.1%) 0.00 268
    2021-08-01 $393,450 (18.9%) $439,561 (11.8%) 0.00 274
    2021-09-01 $367,000 (11.6%) $418,165 (6.5%) 0.00 291
    2021-10-01 $359,900 (20.0%) $424,335 (9.6%) 0.00 272
    2021-11-01 $362,250 (20.8%) $427,633 (6.9%) 0.00 250
    2021-12-01 $377,450 (21.8%) $434,304 (6.2%) 0.00 219
    2022-01-01 $410,000 (24.3%) $457,143 (12.0%) 0.00 150
    2022-02-01 $399,200 (19.7%) $452,347 (10.9%) 0.00 138
    2022-03-01 $378,448 (2.4%) $436,417 (5.0%) 0.00 159
    2022-04-01 $389,950 (4.3%) $463,059 (12.4%) 0.00 173
    2022-05-01 $428,500 (9.9%) $483,592 (16.4%) 0.00 217
    2022-06-01 $434,200 (11.4%) $488,686 (13.7%) 0.00 262
    2022-07-01 $425,000 (11.9%) $480,230 (10.7%) 0.00 307
    2022-08-01 $407,473 (3.6%) $465,439 (5.9%) 0.00 331
    2022-09-01 $409,250 (11.5%) $467,319 (11.8%) 0.00 337
    2022-10-01 $404,495 (12.4%) $456,526 (7.6%) 0.00 340
    2022-11-01 $392,475 (8.3%) $448,246 (4.8%) 0.00 326
    2022-12-01 $407,495 (8.0%) $452,426 (4.2%) 0.00 293
    2023-01-01 $419,000 (2.2%) $457,625 (0.1%) 0.00 270
    2023-02-01 $426,225 (6.8%) $464,691 (2.7%) 0.00 245
    2023-03-01 $419,945 (11.0%) $458,119 (5.0%) 0.00 234
    2023-04-01 $419,990 (7.7%) $478,199 (3.3%) 0.00 229
    2023-05-01 $436,970 (2.0%) $486,194 (0.5%) 0.00 239
    2023-06-01 $444,675 (2.4%) $483,498 (-1.1%) 0.00 248
    2023-07-01 $429,000 (0.9%) $461,912 (-3.8%) 0.00 262
    2023-08-01 $419,498 (3.0%) $457,850 (-1.6%) 0.00 281
    2023-09-01 $420,000 (2.6%) $466,238 (-0.2%) 0.00 298
    2023-10-01 $412,029 (1.9%) $473,188 (3.7%) 0.00 321
    2023-11-01 $409,055 (4.2%) $476,766 (6.4%) 0.00 315
    2023-12-01 $420,075 (3.1%) $484,815 (7.2%) 0.00 256
    2024-01-01 $429,900 (2.6%) $489,299 (6.9%) 0.00 228
    2024-02-01 $436,950 (2.5%) $531,831 (14.5%) 0.00 185
    2024-03-01 $450,000 (7.2%) $544,019 (18.8%) 0.00 220
    2024-04-01 $455,000 (8.3%) $558,239 (16.7%) 0.00 261
    2024-05-01 $471,013 (7.8%) $552,588 (13.7%) 0.00 289
    2024-06-01 $459,900 (3.4%) $535,501 (10.8%) 0.00 315
    2024-07-01 $439,971 (2.6%) $522,957 (13.2%) 0.00 337
    2024-08-01 $440,000 (4.9%) $510,638 (11.5%) 0.00 355
    2024-09-01 $447,625 (6.6%) $518,844 (11.3%) 0.00 369
    2024-10-01 $449,950 (9.2%) $518,098 (9.5%) 0.00 372
    2024-11-01 $432,950 (5.8%) $502,900 (5.5%) 0.00 339
    2024-12-01 $442,000 (5.2%) $513,423 (5.9%) 0.00 296
    2025-01-01 $434,000 (1.0%) $513,405 (4.9%) 0.00 265
    Winchester's median listing price for 2025-01-01 was $434,000, a difference of $4,100 (1.0%) versus the prior year and $-8,000 versus the prior month.

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

    Winchester's average listing price for 2025-01-01 was $513,405, a difference of $24,106 (4.9%) versus the prior year and $-18 versus the prior month.

    For the 2025-01-01 period, Winchester had 265 MLS listings, a difference of -31 listings (-10%) versus the prior month and 37 listings (16%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Winchester (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,968 sqft
    2018-02-01 0 days 2,001 sqft
    2018-03-01 0 days 2,059 sqft
    2018-04-01 0 days 2,048 sqft
    2018-05-01 0 days 2,073 sqft
    2018-06-01 0 days 2,132 sqft
    2018-07-01 0 days 2,112 sqft
    2018-08-01 0 days 2,113 sqft
    2018-09-01 0 days 2,100 sqft
    2018-10-01 0 days 2,111 sqft
    2018-11-01 0 days 2,143 sqft
    2018-12-01 0 days 2,103 sqft
    2019-01-01 0 days 2,095 sqft
    2019-02-01 0 days 2,105 sqft
    2019-03-01 0 days 2,133 sqft
    2019-04-01 0 days 2,111 sqft
    2019-05-01 0 days 2,135 sqft
    2019-06-01 0 days 2,100 sqft
    2019-07-01 0 days 2,128 sqft
    2019-08-01 0 days 2,143 sqft
    2019-09-01 0 days 2,132 sqft
    2019-10-01 0 days 2,125 sqft
    2019-11-01 0 days 2,100 sqft
    2019-12-01 0 days 2,090 sqft
    2020-01-01 0 days 2,057 sqft
    2020-02-01 0 days 2,096 sqft
    2020-03-01 0 days 2,103 sqft
    2020-04-01 0 days 2,089 sqft
    2020-05-01 0 days 2,148 sqft
    2020-06-01 0 days 2,126 sqft
    2020-07-01 0 days 2,091 sqft
    2020-08-01 0 days 2,081 sqft
    2020-09-01 0 days 2,008 sqft
    2020-10-01 0 days 1,932 sqft
    2020-11-01 0 days 1,903 sqft
    2020-12-01 0 days 1,883 sqft
    2021-01-01 0 days 1,884 sqft
    2021-02-01 0 days 1,850 sqft
    2021-03-01 0 days 1,937 sqft
    2021-04-01 0 days 1,968 sqft
    2021-05-01 0 days 2,032 sqft
    2021-06-01 0 days 1,998 sqft
    2021-07-01 0 days 2,000 sqft
    2021-08-01 0 days 2,020 sqft
    2021-09-01 0 days 1,987 sqft
    2021-10-01 0 days 1,922 sqft
    2021-11-01 0 days 1,926 sqft
    2021-12-01 0 days 1,927 sqft
    2022-01-01 0 days 2,052 sqft
    2022-02-01 0 days 2,043 sqft
    2022-03-01 0 days 1,965 sqft
    2022-04-01 0 days 2,052 sqft
    2022-05-01 0 days 2,166 sqft
    2022-06-01 0 days 2,212 sqft
    2022-07-01 0 days 2,180 sqft
    2022-08-01 0 days 2,172 sqft
    2022-09-01 0 days 2,156 sqft
    2022-10-01 0 days 2,052 sqft
    2022-11-01 0 days 2,025 sqft
    2022-12-01 0 days 2,045 sqft
    2023-01-01 0 days 2,052 sqft
    2023-02-01 0 days 2,019 sqft
    2023-03-01 0 days 2,044 sqft
    2023-04-01 0 days 2,042 sqft
    2023-05-01 0 days 2,174 sqft
    2023-06-01 0 days 2,208 sqft
    2023-07-01 0 days 2,100 sqft
    2023-08-01 0 days 2,053 sqft
    2023-09-01 0 days 2,052 sqft
    2023-10-01 0 days 1,991 sqft
    2023-11-01 0 days 2,006 sqft
    2023-12-01 0 days 2,023 sqft
    2024-01-01 0 days 1,998 sqft
    2024-02-01 0 days 2,007 sqft
    2024-03-01 0 days 2,064 sqft
    2024-04-01 0 days 2,125 sqft
    2024-05-01 0 days 2,159 sqft
    2024-06-01 0 days 2,200 sqft
    2024-07-01 0 days 2,099 sqft
    2024-08-01 0 days 2,101 sqft
    2024-09-01 0 days 2,078 sqft
    2024-10-01 0 days 2,063 sqft
    2024-11-01 0 days 2,052 sqft
    2024-12-01 0 days 2,052 sqft
    2025-01-01 0 days 2,008 sqft
    Winchester's median listing age (time on market) for 2025-01-01 was 0 days.

    Winchester's median square footage for active listings during the 2025-01-01 period was 2,008 sqft. One year prior, the average listing was 1,998 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.