HARRISONBURG Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Harrisonburg averaged 6.23% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 6.3% and one month ago for the week of 2024-01-11, the average rate was 6.22%.

Harrisonburg's average rate one year ago was 5.48%.

For refis of the same type during the week of 2024-02-15, the average rate was 5.92%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Harrisonburg 30 Year Fixed Rate 2024-02-15 6.23%
Harrisonburg 30 Year Fixed Rate Refi 2024-02-15 5.92%
Harrisonburg 15 Year Fixed Rate 2024-02-15 5.89%
Harrisonburg 15 Year Fixed Rate Refi 2024-02-15 6.22%
Harrisonburg 30 Year FHA 2024-02-15 6.34%
Harrisonburg 30 Year FHA Refi 2024-02-15 6.81%
Harrisonburg 30 Year USDA 2024-02-15 6.69%
Harrisonburg 30 Year USDA Refi 2024-02-15 6.79%
Harrisonburg 30 Year VA 2024-02-15 5.87%
Harrisonburg 30 Year VA Refi 2024-02-15 6.46%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within HARRISONBURG, VA.

HARRISONBURG Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the HARRISONBURG, VA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
F & M BANK CORP. 186 4.68% $3,981
Integrity Home Mortgage Corp 109 4.89% $5,710
DUPONT COMMUNITY 77 3.84% $2,853
QUICKEN LOANS, LLC 74 4.81% $6,558
NVR Mortgage Finance, Inc. 65 4.44% $7,762
MOVEMENT MORTGAGE, LLC 50 5.25% $5,197
PARK VIEW FEDERAL CREDIT UNION 32 4.87% $3,425
Truist 30 4.21% $4,733
Wells Fargo Bank 28 4.83% $4,902
George Mason Mortgage, LLC 28 4.75% $6,071
Citizens Bank 16 4.98% $5,591
C & F Mortgage Corporation 16 4.77% $4,127
PRIMARY RESIDENTIAL MORTGAGE, INC. 15 4.42% $6,807
Blue Ridge Bank 14 5.16% $6,906
Renasant Bank 14 4.35% $4,805
FIRST BANCORP 13 5.17% $3,965
GUILD MORTGAGE COMPANY 12 4.02% $4,062
UNITED WHOLESALE MORTGAGE, LLC 12 4.04% $9,033
Alcova Mortgage LLC 11 5.69% $4,101
LOANDEPOT.COM, LLC 11 4.23% $7,113
Summit Community Bank, Inc. 10 5.44% $3,528
NEWREZ LLC 9 4.57% $6,078
CROSSCOUNTRY MORTGAGE, LLC 9 4.92% $4,641
CBM Mortgage, Inc. 9 5.40% $5,132
AgFirst Farm Credit Bank 9 5.38% $3,768
NAVY FEDERAL CREDIT UNION 8 5.84% $8,402
JPMorgan Chase Bank 8 4.22% $4,834
UNION HOME MORTGAGE CORP. 8 5.42% $5,143
Mr. Cooper ( Nationstar Mortgage ) 8 4.47% $7,470
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 4.59% $3,662
TIDEWATER MORTGAGE SERVICES, INC. 8 5.30% $5,999
HOMESPIRE MORTGAGE CORPORATION 7 5.80% $6,233
Virginia Credit Union, Inc. 7 4.16% $2,997
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 7 4.63% $5,424
Atlantic Coast Mortgage, LLC 7 5.02% $7,289
CAPITAL CENTER, L.L.C. 7 4.50% $2,877
NFM, INC. 7 5.21% $6,831
First Heritage Mortgage, LLC 7 4.92% $8,242
Bank of America 6 5.00% $3,075
BETTER MORTGAGE CORPORATION 6 5.23% $6,848
PENNYMAC LOAN SERVICES, LLC 6 4.96% $5,682
FINANCE OF AMERICA MORTGAGE LLC 6 5.10% $5,630
Servion, Inc. 6 4.42% $2,931
Flagstar Bank, FSB 5 4.67% $5,639
U.S. Bank 5 5.13% $8,815
First-Citizens Bank & Trust Company 4 4.43% $3,567
Strong Home Mortgage, LLC 4 5.75% $5,788
Prosperity Home Mortgage, LLC 4 5.56% $6,985
Atlantic Union Bank 4 4.75% $4,762
EVERENCE FEDERAL CREDIT UNION 3 4.75% $2,816
BROKER SOLUTIONS, INC. 3 3.79% $4,114
INTERCOASTAL MORTGAGE COMPANY 3 5.21% $7,331
KeyBank 3 4.00% $4,720
Waterstone Mortgage Corporation 3 5.75% $4,460
HOMESIDE FINANCIAL, LLC 3 4.83% $8,332
MCLEAN MORTGAGE CORPORATION 3 5.13% $5,580
FREEDOM MORTGAGE CORPORATION 3 4.04% $5,031
Fulton Bank 3 4.13% $3,902
HOME POINT FINANCIAL CORPORATION 3 3.79% $5,226
PHH Mortgage Corporation 3 4.21% $6,250
EVERETT FINANCIAL, INC. 2 4.06% $2,035
AMERICAN FINANCING CORPORATION 2 4.38% $6,778
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 3.31% $4,412
Century Mortgage Company DBA Century Lending Company 2 5.69% $5,608
City National Bank of West Virginia 2 3.98% $2,390
Farm Credit of the Virginias, ACA 2 6.60% $908
FIRST SAVINGS MORTGAGE CORPORATION 2 3.56% $4,972
GUIDANCE RESIDENTIAL, LLC 2 6.19% $4,415
LOANLEADERS OF AMERICA, INC. 2 3.63% $6,005
LOANPAL, LLC 2 3.50% $7,064
Member Options, LLC 2 6.13% $3,388
MORTGAGE ACCESS CORP. 2 6.63% $3,398
MUTUAL OF OMAHA MORTGAGE, INC. 2 4.37% $7,974
NATIONS RELIABLE LENDING, LLC 2 3.31% $4,204
PNC Bank 2 4.25% $2,579
STATE EMPLOYEES' 2 4.83% $4,151
The Huntington National Bank 2 4.44% $6,285
Towne Bank 2 5.38% $5,178
UIF CORPORATION 2 5.31% $4,681
LANGLEY 1 4.25% $3,892
GENISYS 1 4.25% $11,011
Ameris Bank 1 5.38% $5,047
USAA Federal Savings Bank 1 4.63% $19,430
Loan Simple, Inc. 1 6.00% $6,040
FRANKLIN MINT 1 3.38% $9,250
MEMBER ADVANTAGE MORTGAGE, LLC 1 5.00% $4,581
AMERISAVE MORTGAGE CORPORATION 1 4.99% $6,576
Meridian Bank Corporation 1 3.88% $4,318
Morgan Stanley Private Bank 1 3.40% $3,184
Vellum Mortgage, Inc. 1 4.63% $4,509
Mortgage Research Center, LLC 1 5.50% $1,852
First State Bank of St. Charles, Missouri 1 5.88% $3,703
First Reliance Bank 1 5.50% $2,614
M&T Bank 1 4.13% $3,601
Amerifirst Financial, Inc. 1 4.00% $4,462
Washington Financial Bank 1 3.13% $2,261
First Internet Bank of Indiana 1 5.13% $4,714
NBKC BANK 1 4.63% $2,199
FIRST HOME MORTGAGE CORPORATION 1 4.75% $3,792
FIRST COMMUNITY MORTGAGE, INC. 1 6.75% $3,000
North American Savings Bank, F.S.B. 1 4.13% $0
NORTHROP GRUMMAN Federal Credit Union 1 5.88% $4,520
Northwest Federal Credit Union 1 5.13% $3,619
FirstBank 1 3.50% $2,818
ACADEMY MORTGAGE CORPORATION 1 4.50% $3,851
PARTNERS 1ST Federal Credit Union 1 3.75% $4,301
DEPARTMENT OF COMMERCE 1 4.88% $3,597
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $4,106
Pinnacle Bank 1 3.38% $3,882
American Security Mortgage Corp. 1 3.38% $5,836
CORNERSTONE HOME LENDING, INC. 1 5.50% $4,944
Princeton Federal Credit Union 1 6.63% $2,960
CONTOUR MORTGAGE CORPORATION 1 6.63% $5,581
CMG MORTGAGE, INC. 1 5.50% $3,920
RADIUS FINANCIAL GROUP INC. 1 5.37% $3,208
RBC Bank, (Georgia) 1 3.50% $2,323
RELIANCE FIRST CAPITAL, LLC 1 3.38% $7,937
CHURCHILL MORTGAGE CORPORATION 1 5.75% $3,940
RESIDENTIAL BANCORP 1 4.99% $5,033
Charles Schwab Bank, SSB 1 5.25% $2,768
SIRVA MORTGAGE, INC. 1 5.00% $2,861
SOFI LENDING CORP. 1 3.75% $3,985
AMERICAN INTERNET MORTGAGE, INC. 1 7.63% $6,313
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 3.88% $2,983
Carrington Mortgage Services, LLC 1 6.75% $5,726
SUCCESS MORTGAGE PARTNERS, INC. 1 4.88% $5,990
CARDINAL FINANCIAL 1 3.50% $3,113
SUN WEST MORTGAGE COMPANY, INC. 1 3.38% $1,785
SWBC MORTGAGE CORPORATION 1 5.50% $5,238
The Central Trust Bank 1 4.99% $2,341
The Federal Savings Bank 1 6.00% $7,047
The Freedom Bank of Virginia 1 7.63% $12,310
WesBanco 1 3.13% $5,239
THE MORTGAGE FIRM, INC. 1 5.25% $2,524
THE MORTGAGE LINK, INC. 1 7.13% $3,603
Tidewater Home Funding, LLC 1 4.88% $9,302
Baxter Credit Union 1 4.75% $4,257
TOGETHER CREDIT UNION 1 4.63% $2,159
TOWER 1 6.38% $5,975
Wyndham Capital Mortgage, Inc. 1 6.50% $2,726
TOWNE MORTGAGE COMPANY 1 3.88% $3,664
Toyota Financial Savings Bank 1 2.75% $3,301
APEX HOME LOANS, INC. 1 3.38% $2,332
ZILLOW HOME LOANS, LLC 1 3.38% $3,028
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.88% $11,889
HOMESTEAD FUNDING CORP. 1 5.00% $6,951
Hometown Lenders, Inc. 1 5.62% $12,480
IMPAC MORTGAGE CORP. 1 6.13% $2,854
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.75% $8,907
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 2.88% $6,298
Ixonia Bank 1 5.99% $9,328
JAMS-01, INC. 1 5.00% $4,932
GUARANTEED RATE, INC. 1 4.99% $5,993
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.63% $5,399
Kwik Mortgage Corporation 1 4.38% $18,421
LAKEVIEW LOAN SERVICING, LLC 1 3.63% $6,023

HARRISONBURG Average Closing Costs & Other Stats

HARRISONBURG, VA's 156 lenders originated 3,083 loans during 2022. The total origination value was $742,995,000, with an average loan value of $240,997.

HARRISONBURG's average closing costs are $4,550.

The top HARRISONBURG lender as defined by loan originations is F & M BANK CORP., with 186 loans originated. Their average total fees are $3,981, which is $1,729 lower than the next largest lender, Integrity Home Mortgage Corp.

The lowest fee HARRISONBURG lenders (with over 10 loans originated) are DUPONT COMMUNITY ($2,853), PARK VIEW FEDERAL CREDIT UNION ($3,425), Summit Community Bank, Inc. ($3,528), FIRST BANCORP ($3,965) and F & M BANK CORP. ($3,981).

The lowest rate HARRISONBURG lenders (with over 10 loans originated) are DUPONT COMMUNITY (3.84%), GUILD MORTGAGE COMPANY (4.02%), UNITED WHOLESALE MORTGAGE, LLC (4.04%), Truist (4.21%) and LOANDEPOT.COM, LLC (4.23%).

HARRISONBURG, VA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
F & M BANK CORP. $101,205,000 $76,420,000 -24.5% 10.3%
PARK VIEW FEDERAL CREDIT UNION $36,435,000 $53,190,000 46.0% 7.2%
DUPONT COMMUNITY $56,890,000 $46,920,000 -17.5% 6.3%
Integrity Home Mortgage Corp $68,555,000 $43,260,000 -36.9% 5.8%
NVR Mortgage Finance, Inc. $17,980,000 $35,190,000 95.7% 4.7%
GREYSTONE FUNDING COMPANY LLC $34,245,000 n/a 4.6%
Pendleton Community Bank, Inc. $13,975,000 $32,295,000 131.1% 4.3%
QUICKEN LOANS, LLC $69,195,000 $30,295,000 -56.2% 4.1%
MOVEMENT MORTGAGE, LLC $43,660,000 $22,915,000 -47.5% 3.1%
Truist $42,170,000 $19,010,000 -54.9% 2.6%
Bank of the James $5,565,000 $15,850,000 184.8% 2.1%
George Mason Mortgage, LLC $26,130,000 $13,730,000 -47.5% 1.8%
Atlantic Union Bank $13,095,000 $11,500,000 -12.2% 1.5%
Wells Fargo Bank $26,880,000 $11,370,000 -57.7% 1.5%
UNITED WHOLESALE MORTGAGE, LLC $12,510,000 $9,250,000 -26.1% 1.2%
Citizens Bank $11,640,000 $8,420,000 -27.7% 1.1%
LOANDEPOT.COM, LLC $18,015,000 $8,180,000 -54.6% 1.1%
Summit Community Bank, Inc. $40,870,000 $8,105,000 -80.2% 1.1%
Mortgage Research Center, LLC $6,695,000 $7,970,000 19.0% 1.1%
CBM Mortgage, Inc. $5,730,000 $7,900,000 37.9% 1.1%
C & F Mortgage Corporation $20,000,000 $7,635,000 -61.8% 1.0%
Blue Ridge Bank $5,015,000 $7,055,000 40.7% 0.9%
PRIMARY RESIDENTIAL MORTGAGE, INC. $20,330,000 $6,910,000 -66.0% 0.9%
NAVY FEDERAL CREDIT UNION $6,065,000 $6,695,000 10.4% 0.9%
M&T Realty Capital Corporation $6,355,000 n/a 0.9%
Renasant Bank $7,050,000 $6,040,000 -14.3% 0.8%
Atlantic Coast Mortgage, LLC $4,865,000 $5,895,000 21.2% 0.8%
TIDEWATER MORTGAGE SERVICES, INC. $415,000 $5,685,000 1,269.9% 0.8%
Alcova Mortgage LLC $8,025,000 $5,280,000 -34.2% 0.7%
PENNYMAC LOAN SERVICES, LLC $11,415,000 $5,095,000 -55.4% 0.7%
FIRST BANCORP, INC. $7,975,000 $4,515,000 -43.4% 0.6%
First-Citizens Bank & Trust Company $5,565,000 $4,450,000 -20.0% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $12,095,000 $4,425,000 -63.4% 0.6%
First Bank $3,025,000 $4,370,000 44.5% 0.6%
U.S. Bank $4,390,000 $4,225,000 -3.8% 0.6%
JPMorgan Chase Bank $4,920,000 $4,140,000 -15.9% 0.6%
UNION HOME MORTGAGE CORP. $1,175,000 $4,110,000 249.8% 0.6%
HOMESPIRE MORTGAGE CORPORATION $1,065,000 $3,900,000 266.2% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $8,370,000 $3,635,000 -56.6% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,405,000 $3,625,000 -17.7% 0.5%
GUILD MORTGAGE COMPANY $10,410,000 $3,450,000 -66.9% 0.5%
NEWREZ LLC $9,775,000 $3,390,000 -65.3% 0.5%
MYCUMORTGAGE, LLC $5,680,000 $3,385,000 -40.4% 0.5%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $4,030,000 $3,170,000 -21.3% 0.4%
PIONEER BANK $2,995,000 n/a 0.4%
BETTER MORTGAGE CORPORATION $6,215,000 $2,955,000 -52.5% 0.4%
First Heritage Mortgage, LLC $1,410,000 $2,910,000 106.4% 0.4%
AgFirst Farm Credit Bank $1,215,000 $2,870,000 136.2% 0.4%
FINANCE OF AMERICA MORTGAGE LLC $880,000 $2,855,000 224.4% 0.4%
Bank of America $4,040,000 $2,825,000 -30.1% 0.4%
USAA Federal Savings Bank $4,010,000 $2,825,000 -29.6% 0.4%
COMMONWEALTH ONE FEDERAL CREDIT UNION $1,070,000 $2,635,000 146.3% 0.4%
NFM, INC. $4,470,000 $2,610,000 -41.6% 0.4%
Virginia Credit Union, Inc. $3,060,000 $2,220,000 -27.5% 0.3%
MCLEAN MORTGAGE CORPORATION $635,000 $2,045,000 222.0% 0.3%
CAPITAL CENTER, L.L.C. $3,560,000 $2,035,000 -42.8% 0.3%
PNC Bank $530,000 $2,030,000 283.0% 0.3%
United Nations Federal Credit Union $2,005,000 n/a 0.3%
Servion, Inc. $3,145,000 $1,965,000 -37.5% 0.3%
AMERISAVE MORTGAGE CORPORATION $9,460,000 $1,935,000 -79.5% 0.3%
EVERENCE FEDERAL CREDIT UNION $410,000 $1,890,000 361.0% 0.3%
Flagstar Bank, FSB $3,615,000 $1,885,000 -47.9% 0.3%
Fulton Bank $1,780,000 $1,880,000 5.6% 0.3%
NATIONS RELIABLE LENDING, LLC $13,375,000 $1,870,000 -86.0% 0.3%
HOME POINT FINANCIAL CORPORATION $7,510,000 $1,760,000 -76.6% 0.2%
Prosperity Home Mortgage, LLC $2,140,000 $1,760,000 -17.8% 0.2%
FREEDOM MORTGAGE CORPORATION $15,215,000 $1,710,000 -88.8% 0.2%
HOMESIDE FINANCIAL, LLC $3,235,000 $1,680,000 -48.1% 0.2%
United Bank $2,020,000 $1,615,000 -20.0% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,065,000 $1,480,000 39.0% 0.2%
RELIANCE FIRST CAPITAL, LLC $290,000 $1,470,000 406.9% 0.2%
Strong Home Mortgage, LLC $1,035,000 $1,420,000 37.2% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $850,000 $1,295,000 52.4% 0.2%
NBKC BANK $1,800,000 $1,285,000 -28.6% 0.2%
Member Options, LLC $380,000 $1,275,000 235.5% 0.2%
The Federal Savings Bank $1,120,000 $1,255,000 12.1% 0.2%
Farm Credit of the Virginias, ACA $3,640,000 $1,220,000 -66.5% 0.2%
Waterstone Mortgage Corporation $470,000 $1,220,000 159.6% 0.2%
UIF CORPORATION $495,000 $1,170,000 136.4% 0.2%
Morgan Stanley Private Bank $1,140,000 n/a 0.2%
Century Mortgage Company DBA Century Lending Company $1,070,000 $1,120,000 4.7% 0.2%
AMERICAN FINANCING CORPORATION $2,050,000 $1,035,000 -49.5% 0.1%
Pinnacle Bank $1,020,000 n/a 0.1%
Mid-Continent Funding, Inc. $995,000 n/a 0.1%
GUARANTEED RATE, INC. $2,800,000 $980,000 -65.0% 0.1%
INTERCOASTAL MORTGAGE COMPANY $1,105,000 $975,000 -11.8% 0.1%
LOANLEADERS OF AMERICA, INC. $850,000 $965,000 13.5% 0.1%
BROKER SOLUTIONS, INC. $5,195,000 $940,000 -81.9% 0.1%
KeyBank $935,000 n/a 0.1%
Chicago Mortgage Solutions LLC $1,040,000 $920,000 -11.5% 0.1%
SOFI LENDING CORP. $575,000 $870,000 51.3% 0.1%
Baxter Credit Union $265,000 $855,000 222.6% 0.1%
LAKEVIEW LOAN SERVICING, LLC $4,280,000 $840,000 -80.4% 0.1%
PHH Mortgage Corporation $1,005,000 $825,000 -17.9% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $125,000 $825,000 560.0% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,000,000 $785,000 -60.8% 0.1%
The Huntington National Bank $135,000 $780,000 477.8% 0.1%
NORTHROP GRUMMAN Federal Credit Union $770,000 n/a 0.1%
PARTNERS 1ST Federal Credit Union $1,765,000 $770,000 -56.4% 0.1%
WesBanco Bank, Inc. $770,000 n/a 0.1%
Carrington Mortgage Services, LLC $965,000 $725,000 -24.9% 0.1%
Dollar Bank, Federal Savings Bank $725,000 n/a 0.1%
Towne Bank $605,000 $710,000 17.4% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $4,775,000 $705,000 -85.2% 0.1%
MORTGAGE ACCESS CORP. $700,000 n/a 0.1%
MERCK EMPLOYEES FEDERAL CREDIT UNION $1,755,000 $675,000 -61.5% 0.1%
PLANET HOME LENDING, LLC $1,025,000 $655,000 -36.1% 0.1%
Toyota Financial Savings Bank $645,000 n/a 0.1%
JAMS-01, INC. $205,000 $635,000 209.8% 0.1%
Acre Mortgage and Financial Inc $630,000 n/a 0.1%
FIRST HOME MORTGAGE CORPORATION $965,000 $630,000 -34.7% 0.1%
SOUTHWEST STAGE FUNDING, LLC $430,000 $615,000 43.0% 0.1%
CMG MORTGAGE, INC. $610,000 n/a 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $785,000 $610,000 -22.3% 0.1%
GUIDANCE RESIDENTIAL, LLC $510,000 $605,000 18.6% 0.1%
Wyndham Capital Mortgage, Inc. $1,200,000 $590,000 -50.8% 0.1%
FIRST SAVINGS MORTGAGE CORPORATION $2,005,000 $580,000 -71.1% 0.1%
Virginia National Bank $580,000 n/a 0.1%
First Internet Bank of Indiana $550,000 n/a 0.1%
Vellum Mortgage, Inc. $965,000 $550,000 -43.0% 0.1%
City National Bank of West Virginia $90,000 $510,000 466.7% 0.1%
PENTAGON FEDERAL CREDIT UNION $4,555,000 $485,000 -89.4% 0.1%
NP, Inc. $195,000 $480,000 146.2% 0.1%
ZILLOW HOME LOANS, LLC $480,000 n/a 0.1%
Meridian Bank Corporation $475,000 n/a 0.1%
The Freedom Bank of Virginia $480,000 $465,000 -3.1% 0.1%
Bank of England $225,000 $450,000 100.0% 0.1%
Northpointe Bank $350,000 $440,000 25.7% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $435,000 n/a 0.1%
Kwik Mortgage Corporation $395,000 $425,000 7.6% 0.1%
Northwest Federal Credit Union $390,000 $425,000 9.0% 0.1%
TJC Mortgage, Inc. $255,000 $415,000 62.7% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $5,045,000 $410,000 -91.9% 0.1%
STATE EMPLOYEES' $410,000 n/a 0.1%
Congressional Bank $405,000 n/a 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $615,000 $405,000 -34.1% 0.1%
Equity Prime Mortgage LLC $335,000 $395,000 17.9% 0.1%
EMBRACE HOME LOANS, INC. $2,110,000 $390,000 -81.5% 0.1%
EVERETT FINANCIAL, INC. $245,000 $390,000 59.2% 0.1%
LANGLEY $640,000 $385,000 -39.8% 0.1%
FRANKLIN MINT $375,000 n/a 0.1%
First Reliance Bank $1,385,000 $370,000 -73.3% 0.0%
M&T Bank $180,000 $370,000 105.6% 0.0%
GENISYS $365,000 n/a 0.0%
Tidewater Home Funding, LLC $195,000 $365,000 87.2% 0.0%
FINANCE OF AMERICA REVERSE LLC $360,000 n/a 0.0%
First State Bank of St. Charles, Missouri $355,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $795,000 $355,000 -55.3% 0.0%
CHURCHILL MORTGAGE CORPORATION $1,275,000 $335,000 -73.7% 0.0%
GSF Mortgage Corporation $335,000 n/a 0.0%
TOWER $435,000 $335,000 -23.0% 0.0%
FirstBank $255,000 $325,000 27.5% 0.0%
The Central Trust Bank $325,000 n/a 0.0%
The Old Point National Bank of Phoebus $325,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $265,000 $320,000 20.8% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $185,000 $315,000 70.3% 0.0%
American Security Mortgage Corp. $185,000 $315,000 70.3% 0.0%
RBC Bank, (Georgia) $315,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $305,000 n/a 0.0%
Loan Simple, Inc. $305,000 n/a 0.0%
LOANPAL, LLC $1,135,000 $300,000 -73.6% 0.0%
ARC HOME LLC $295,000 n/a 0.0%
Jefferson Security Bank $295,000 n/a 0.0%
SWBC MORTGAGE CORPORATION $1,095,000 $295,000 -73.1% 0.0%
ValleyStar Credit Union $295,000 n/a 0.0%
CALIBER HOME LOANS, INC. $5,270,000 $290,000 -94.5% 0.0%
ACADEMY MORTGAGE CORPORATION $270,000 $285,000 5.6% 0.0%
RESIDENTIAL BANCORP. $705,000 $285,000 -59.6% 0.0%
SIRVA MORTGAGE, INC. $285,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $450,000 $275,000 -38.9% 0.0%
Hometown Lenders, Inc. $835,000 $275,000 -67.1% 0.0%
North American Savings Bank, F.S.B. $2,375,000 $275,000 -88.4% 0.0%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $145,000 $275,000 89.7% 0.0%
REVERSE MORTGAGE FUNDING LLC $270,000 n/a 0.0%
CLEARPATH LENDING $845,000 $245,000 -71.0% 0.0%
Evolve Bank & Trust $245,000 n/a 0.0%
Paramount Bank $245,000 n/a 0.0%
RANLIFE, INC. $275,000 $245,000 -10.9% 0.0%
Fifth Third Bank $385,000 $235,000 -39.0% 0.0%
Ixonia Bank $235,000 n/a 0.0%
AMERICAN ADVISORS GROUP $580,000 $230,000 -60.3% 0.0%
1ST PREFERENCE MORTGAGE CORP. $225,000 n/a 0.0%
Discover Bank $155,000 $225,000 45.2% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $940,000 $225,000 -76.1% 0.0%
HOMESTEAD FUNDING CORP. $225,000 n/a 0.0%
MLD MORTGAGE INC. $215,000 n/a 0.0%
RADIUS FINANCIAL GROUP INC. $215,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $215,000 n/a 0.0%
Plains Commerce Bank $1,660,000 $210,000 -87.3% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $205,000 n/a 0.0%
THE MORTGAGE LINK, INC. $125,000 $195,000 56.0% 0.0%
VILLAGE CAPITAL MORTGAGE $115,000 $195,000 69.6% 0.0%
Washington Financial Bank $195,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $225,000 $185,000 -17.8% 0.0%
FIRST HERITAGE FINANCIAL, LLC $185,000 n/a 0.0%
THE MORTGAGE FIRM, INC. $185,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $185,000 n/a 0.0%
Ameris Bank $180,000 $175,000 -2.8% 0.0%
21ST MORTGAGE CORPORATION $155,000 n/a 0.0%
Apple Federal Credit Union $360,000 $155,000 -56.9% 0.0%
HENRICO Federal Credit Union $155,000 n/a 0.0%
OVM FINANCIAL, INC. $275,000 $155,000 -43.6% 0.0%
TOGETHER CREDIT UNION $155,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $145,000 n/a 0.0%
Bank of Clarke County $135,000 n/a 0.0%
MID-ISLAND MORTGAGE CORP. $135,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $355,000 $125,000 -64.8% 0.0%
1ST ADVANTAGE FEDERAL CREDIT UNION $120,000 n/a 0.0%
Amerifirst Financial, Inc. $115,000 n/a 0.0%
APEX HOME LOANS, INC. $115,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $115,000 n/a 0.0%
Fidelity Bank $115,000 n/a 0.0%
MEMBER ADVANTAGE MORTGAGE, LLC $1,705,000 $115,000 -93.3% 0.0%
UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. $300,000 $115,000 -61.7% 0.0%
IMPAC MORTGAGE CORP. $105,000 n/a 0.0%
Princeton Federal Credit Union $105,000 n/a 0.0%
DEPARTMENT OF COMMERCE $435,000 $95,000 -78.2% 0.0%
Figure Lending LLC $50,000 $95,000 90.0% 0.0%
TOWNE MORTGAGE COMPANY $780,000 $95,000 -87.8% 0.0%
SPRING EQ, LLC $310,000 $90,000 -71.0% 0.0%
Charles Schwab Bank, SSB $75,000 n/a 0.0%
Park Lane Finance Solutions, LLC $55,000 n/a 0.0%
Truliant Federal Credit Union $45,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $25,000 n/a 0.0%

HARRISONBURG's top lender by overall market share is F & M BANK CORP., with 10.3% market share. In second place, with 7.2%, is PARK VIEW FEDERAL CREDIT UNION, having originated $53,190,000 in loans. In third place, with 6.3%, is DUPONT COMMUNITY, having originated $46,920,000 in loans. In fourth place, with 5.8%, is Integrity Home Mortgage Corp, having originated $43,260,000 in loans. In fifth place, with 4.7%, is NVR Mortgage Finance, Inc., having originated $35,190,000 in loans.


HARRISONBURG Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - HARRISONBURG (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 $246,300 (10.8%) $367,059 (24.4%) 0.00 318
2018-02-01 $249,650 (8.1%) $379,654 (21.1%) 0.00 313
2018-03-01 $258,786 (8.0%) $374,763 (11.7%) 0.00 332
2018-04-01 $268,528 (3.3%) $373,098 (7.2%) 0.00 358
2018-05-01 $265,000 (-1.8%) $367,611 (5.1%) 0.00 377
2018-06-01 $263,000 (-4.3%) $371,162 (4.3%) 0.00 386
2018-07-01 $257,325 (-6.4%) $348,753 (-2.0%) 0.00 376
2018-08-01 $262,750 (5.1%) $349,041 (1.2%) 0.00 386
2018-09-01 $259,900 (4.0%) $340,025 (-1.7%) 0.00 369
2018-10-01 $259,800 (5.5%) $344,604 (1.0%) 0.00 363
2018-11-01 $262,400 (6.9%) $355,133 (2.7%) 0.00 352
2018-12-01 $260,000 (8.6%) $360,531 (0.8%) 0.00 324
2019-01-01 $259,575 (5.4%) $364,788 (-0.6%) 0.00 303
2019-02-01 $251,975 (0.9%) $356,539 (-6.1%) 0.00 299
2019-03-01 $265,100 (2.4%) $364,388 (-2.8%) 0.00 292
2019-04-01 $279,900 (4.2%) $367,892 (-1.4%) 0.00 287
2019-05-01 $286,000 (7.9%) $378,317 (2.9%) 0.00 291
2019-06-01 $299,825 (14.0%) $457,646 (23.3%) 0.00 306
2019-07-01 $299,900 (16.6%) $459,508 (31.8%) 0.00 308
2019-08-01 $298,427 (13.6%) $465,376 (33.3%) 0.00 308
2019-09-01 $296,218 (14.0%) $468,885 (37.9%) 0.00 308
2019-10-01 $291,750 (12.3%) $420,041 (21.9%) 0.00 301
2019-11-01 $288,250 (9.9%) $365,847 (3.0%) 0.00 270
2019-12-01 $285,225 (9.7%) $366,814 (1.7%) 0.00 222
2020-01-01 $289,675 (11.6%) $372,556 (2.1%) 0.00 197
2020-02-01 $294,500 (16.9%) $379,569 (6.5%) 0.00 196
2020-03-01 $307,423 (16.0%) $397,633 (9.1%) 0.00 202
2020-04-01 $296,893 (6.1%) $384,622 (4.6%) 0.00 229
2020-05-01 $299,900 (4.9%) $379,075 (0.2%) 0.00 232
2020-06-01 $307,400 (2.5%) $387,353 (-15.4%) 0.00 228
2020-07-01 $316,000 (5.4%) $401,696 (-12.6%) 0.00 219
2020-08-01 $317,500 (6.4%) $413,992 (-11.0%) 0.00 197
2020-09-01 $321,200 (8.4%) $430,337 (-8.2%) 0.00 160
2020-10-01 $309,450 (6.1%) $429,734 (2.3%) 0.00 173
2020-11-01 $298,500 (3.6%) $425,869 (16.4%) 0.00 171
2020-12-01 $299,495 (5.0%) $408,716 (11.4%) 0.00 149
2021-01-01 $305,000 (5.3%) $420,021 (12.7%) 0.00 127
2021-02-01 $300,498 (2.0%) $441,419 (16.3%) 0.00 115
2021-03-01 $289,250 (-5.9%) $445,483 (12.0%) 0.00 121
2021-04-01 $299,558 (0.9%) $453,737 (18.0%) 0.00 121
2021-05-01 $299,000 (-0.3%) $458,969 (21.1%) 0.00 115
2021-06-01 $310,275 (0.9%) $472,349 (21.9%) 0.00 109
2021-07-01 $310,400 (-1.8%) $467,010 (16.3%) 0.00 146
2021-08-01 $305,175 (-3.9%) $444,066 (7.3%) 0.00 141
2021-09-01 $303,173 (-5.6%) $431,942 (0.4%) 0.00 151
2021-10-01 $314,950 (1.8%) $454,599 (5.8%) 0.00 137
2021-11-01 $331,748 (11.1%) $478,252 (12.3%) 0.00 114
2021-12-01 $328,000 (9.5%) $467,558 (14.4%) 0.00 101
2022-01-01 $345,000 (13.1%) $451,078 (7.4%) 0.00 109
2022-02-01 $346,500 (15.3%) $457,987 (3.8%) 0.00 107
2022-03-01 $346,500 (19.8%) $431,325 (-3.2%) 0.00 124
2022-04-01 $349,000 (16.5%) $434,398 (-4.3%) 0.00 140
2022-05-01 $328,743 (10.0%) $410,885 (-10.5%) 0.00 139
2022-06-01 $346,248 (11.6%) $409,271 (-13.4%) 0.00 161
2022-07-01 $339,900 (9.5%) $402,076 (-13.9%) 0.00 168
2022-08-01 $343,975 (12.7%) $421,129 (-5.2%) 0.00 173
2022-09-01 $347,750 (14.7%) $443,518 (2.7%) 0.00 148
2022-10-01 $332,000 (5.4%) $445,297 (-2.1%) 0.00 151
2022-11-01 $347,750 (4.8%) $435,887 (-8.9%) 0.00 145
2022-12-01 $336,995 (2.7%) $436,177 (-6.7%) 0.00 135
2023-01-01 $347,948 (0.9%) $438,329 (-2.8%) 0.00 129
2023-02-01 $349,900 (1.0%) $433,207 (-5.4%) 0.00 116
2023-03-01 $348,950 (0.7%) $433,019 (0.4%) 0.00 119
2023-04-01 $362,495 (3.9%) $449,558 (3.5%) 0.00 125
2023-05-01 $354,950 (8.0%) $446,274 (8.6%) 0.00 132
2023-06-01 $377,445 (9.0%) $451,962 (10.4%) 0.00 142
2023-07-01 $382,495 (12.5%) $451,473 (12.3%) 0.00 151
2023-08-01 $388,498 (12.9%) $469,120 (11.4%) 0.00 186
2023-09-01 $383,495 (10.3%) $479,384 (8.1%) 0.00 203
2023-10-01 $380,995 (14.8%) $481,296 (8.1%) 0.00 215
2023-11-01 $369,968 (6.4%) $466,798 (7.1%) 0.00 235
2023-12-01 $369,990 (9.8%) $471,382 (8.1%) 0.00 217
HARRISONBURG's median listing price for 2023-12-01 was $369,990, a difference of $32,995 (9.8%) versus the prior year and $22 versus the prior month.

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

HARRISONBURG's average listing price for 2023-12-01 was $471,382, a difference of $35,205 (8.1%) versus the prior year and $4,584 versus the prior month.

For the 2023-12-01 period, HARRISONBURG had 217 MLS listings, a difference of -18 listings (-8%) versus the prior month and 82 listings (61%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - HARRISONBURG (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,921 sqft
2018-02-01 0 days 1,983 sqft
2018-03-01 0 days 2,000 sqft
2018-04-01 0 days 2,017 sqft
2018-05-01 0 days 1,997 sqft
2018-06-01 0 days 1,986 sqft
2018-07-01 0 days 1,979 sqft
2018-08-01 0 days 1,989 sqft
2018-09-01 0 days 2,009 sqft
2018-10-01 0 days 1,947 sqft
2018-11-01 0 days 2,029 sqft
2018-12-01 0 days 2,028 sqft
2019-01-01 0 days 2,018 sqft
2019-02-01 0 days 1,895 sqft
2019-03-01 0 days 1,982 sqft
2019-04-01 0 days 2,096 sqft
2019-05-01 0 days 2,147 sqft
2019-06-01 0 days 2,203 sqft
2019-07-01 0 days 2,191 sqft
2019-08-01 0 days 2,174 sqft
2019-09-01 0 days 2,146 sqft
2019-10-01 0 days 2,113 sqft
2019-11-01 0 days 2,100 sqft
2019-12-01 0 days 2,101 sqft
2020-01-01 0 days 2,070 sqft
2020-02-01 0 days 2,099 sqft
2020-03-01 0 days 2,154 sqft
2020-04-01 0 days 2,080 sqft
2020-05-01 0 days 2,099 sqft
2020-06-01 0 days 2,106 sqft
2020-07-01 0 days 2,080 sqft
2020-08-01 0 days 2,094 sqft
2020-09-01 0 days 2,090 sqft
2020-10-01 0 days 1,950 sqft
2020-11-01 0 days 1,866 sqft
2020-12-01 0 days 1,776 sqft
2021-01-01 0 days 1,800 sqft
2021-02-01 0 days 1,788 sqft
2021-03-01 0 days 1,781 sqft
2021-04-01 0 days 1,785 sqft
2021-05-01 0 days 1,839 sqft
2021-06-01 0 days 1,841 sqft
2021-07-01 0 days 1,845 sqft
2021-08-01 0 days 1,839 sqft
2021-09-01 0 days 1,822 sqft
2021-10-01 0 days 1,742 sqft
2021-11-01 0 days 1,837 sqft
2021-12-01 0 days 1,791 sqft
2022-01-01 0 days 1,841 sqft
2022-02-01 0 days 1,854 sqft
2022-03-01 0 days 1,854 sqft
2022-04-01 0 days 1,863 sqft
2022-05-01 0 days 1,680 sqft
2022-06-01 0 days 1,797 sqft
2022-07-01 0 days 1,797 sqft
2022-08-01 0 days 1,871 sqft
2022-09-01 0 days 1,893 sqft
2022-10-01 0 days 1,908 sqft
2022-11-01 0 days 1,900 sqft
2022-12-01 0 days 1,848 sqft
2023-01-01 0 days 1,869 sqft
2023-02-01 0 days 1,866 sqft
2023-03-01 0 days 1,796 sqft
2023-04-01 0 days 1,854 sqft
2023-05-01 0 days 1,813 sqft
2023-06-01 0 days 1,907 sqft
2023-07-01 0 days 1,933 sqft
2023-08-01 0 days 1,976 sqft
2023-09-01 0 days 1,947 sqft
2023-10-01 0 days 1,950 sqft
2023-11-01 0 days 1,921 sqft
2023-12-01 0 days 1,909 sqft
HARRISONBURG's median listing age (time on market) for 2023-12-01 was 0 days.

HARRISONBURG's median square footage for active listings during the 2023-12-01 period was 1,909 sqft. One year prior, the average listing was 1,848 sqft.

HARRISONBURG, VA Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
22801 Harrisonburg, VA $790 $800 $1,050 $1,380 $1,800
22802 Harrisonburg, VA $690 $700 $920 $1,210 $1,570
22803 Harrisonburg, VA $720 $730 $960 $1,260 $1,640
22807 Harrisonburg, VA $790 $800 $1,050 $1,380 $1,800
22811 Harrisonburg, VA $710 $710 $940 $1,230 $1,610
22812 Harrisonburg, VA $700 $700 $920 $1,210 $1,570
22815 Harrisonburg, VA $630 $640 $840 $1,090 $1,450
22820 Harrisonburg, VA $710 $710 $940 $1,230 $1,610
22821 Harrisonburg, VA $630 $640 $840 $1,090 $1,450
22827 Harrisonburg, VA $660 $670 $880 $1,150 $1,510
22830 Harrisonburg, VA $700 $710 $930 $1,220 $1,590
22831 Harrisonburg, VA $630 $640 $840 $1,090 $1,450
22832 Harrisonburg, VA $1,040 $1,050 $1,380 $1,810 $2,360
22833 Harrisonburg, VA $710 $710 $940 $1,230 $1,610
22834 Harrisonburg, VA $710 $710 $940 $1,230 $1,600
22840 Harrisonburg, VA $1,000 $1,010 $1,330 $1,740 $2,280
22841 Harrisonburg, VA $740 $750 $980 $1,280 $1,670
22844 Harrisonburg, VA $630 $640 $840 $1,090 $1,450
22846 Harrisonburg, VA $920 $930 $1,220 $1,600 $2,090
22848 Harrisonburg, VA $710 $710 $940 $1,230 $1,610
22849 Harrisonburg, VA $670 $680 $890 $1,170 $1,520
22850 Harrisonburg, VA $900 $900 $1,190 $1,560 $2,040
22853 Harrisonburg, VA $650 $650 $860 $1,130 $1,470
24441 Harrisonburg, VA $700 $700 $900 $1,210 $1,530
24471 Harrisonburg, VA $630 $640 $840 $1,090 $1,450
24486 Harrisonburg, VA $880 $890 $1,110 $1,520 $1,860

2022 Average & Median Rent Data Statistics
HARRISONBURG, VA average 1BR rent: $747, median: $710
HARRISONBURG, VA average 2BR rent: $980, median: $940
HARRISONBURG, VA average 3BR rent: $1,286, median: $1,230

HARRISONBURG, VA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,605 $452,255,000 $281,779
Cash Out Refi 448 $89,840,000 $200,536
Refi 415 $141,485,000 $340,928
Other 398 $42,350,000 $106,407
Home Improvement 216 $16,810,000 $77,824
NA 1 $255,000 $255,000

Harrisonburg's most frequently cited loan purpose was Home Purchase, with 1,605 originations. The 2nd most popular reason was Cash Out Refi, with 448 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 844 $217,900,000 $258,175
4-5% 774 $176,230,000 $227,687
5-6% 649 $153,535,000 $236,572
6-7% 257 $52,985,000 $206,167
2.5-3% 135 $35,615,000 $263,815
7-8% 87 $16,445,000 $189,023
<2.5% 66 $13,130,000 $198,939
Over 8% 44 $3,750,000 $85,227

During 2022, Harrisonburg's most frequently originated rate bucket was 3-4%, with 844 originations.

Loan Sizing (HARRISONBURG, VA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,307 $362,395,000 $277,272
$100k-200k 857 $129,575,000 $151,196
$100,000 or less 626 $34,940,000 $55,815
$400k-600k 211 $100,485,000 $476,232
$600k-1000k 64 $45,200,000 $706,250
$Over $1MM 18 $70,400,000 $3,911,111

HARRISONBURG's loan sizing saw the bucket of loans from $200k-400k with 1,307 originations, totaling $362,395,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,095 $319,455,000 $291,740
60-80% 745 $222,755,000 $299,000
20-40% 365 $42,455,000 $116,315
40-60% 336 $63,870,000 $190,089
Under 20% 320 $17,680,000 $55,250
Over 100% 23 $8,015,000 $348,478

HARRISONBURG's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,095 originations, totaling $319,455,000 in origination value.