STAUNTON Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Staunton averaged
6.7%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.73% and
one month ago for the week of 2024-10-03, the
average rate was 6.23%.
Staunton's average rate one year ago was 7.47%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.02%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Staunton 30 Year Fixed Rate | 2024-11-07 | 6.7% |
| Staunton 30 Year Fixed Rate Refi | 2024-11-07 | 7.02% |
| Staunton 15 Year Fixed Rate | 2024-11-07 | 6.2% |
| Staunton 15 Year Fixed Rate Refi | 2024-11-07 | 6.2% |
| Staunton 30 Year FHA | 2024-11-07 | 6.76% |
| Staunton 30 Year FHA Refi | 2024-11-07 | 6.43% |
| Staunton 30 Year USDA | 2024-11-07 | 6.58% |
| Staunton 30 Year USDA Refi | 2024-11-07 | 6.58% |
| Staunton 30 Year VA | 2024-11-07 | 6.03% |
| Staunton 30 Year VA Refi | 2024-11-07 | 6.24% |
STAUNTON 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 STAUNTON, 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.).
STAUNTON Average Closing Costs & Other Stats
STAUNTON, VA's 125 lenders originated 2,706
loans during 2023. The total origination value was $549,110,000, with an average loan value of
$202,923.
STAUNTON's average closing costs are $4,663.
The top STAUNTON lender as defined by loan originations is DUPONT COMMUNITY, with
189 loans originated. Their average total fees are
$2,884, which is $1,217
lower than the next largest lender,
Alcova Mortgage LLC.
The lowest fee STAUNTON lenders (with over 10 loans originated) are
City National Bank of West Virginia ($1,669), DUPONT COMMUNITY ($2,884), FIRST BANCORP ($3,886), Alcova Mortgage LLC ($4,101) and Prosperity Home Mortgage, LLC ($4,320).
The lowest rate STAUNTON lenders (with over 10 loans originated) are
DUPONT COMMUNITY (5.95%), City National Bank of West Virginia (6.18%), NVR Mortgage Finance, Inc. (6.35%), Atlantic Coast Mortgage, LLC (6.43%) and Member Options, LLC (6.53%).
STAUNTON, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| DUPONT COMMUNITY | $149,110,000 | $71,805,000 | -51.8% | 13.1% |
| Alcova Mortgage LLC | $49,395,000 | $34,335,000 | -30.5% | 6.3% |
| City National Bank of West Virginia | $27,635,000 | $24,280,000 | -12.1% | 4.4% |
| QUICKEN LOANS, LLC | $47,010,000 | $23,525,000 | -50.0% | 4.3% |
| GREYSTONE SERVICING COMPANY LLC | $21,725,000 | n/a | 4.0% | |
| C & F Mortgage Corporation | $35,120,000 | $18,835,000 | -46.4% | 3.4% |
| FIRST BANCORP | $12,960,000 | $16,850,000 | 30.0% | 3.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $20,020,000 | $16,765,000 | -16.3% | 3.1% |
| F & M BANK CORP. | $19,960,000 | $16,730,000 | -16.2% | 3.0% |
| Atlantic Union Bank | $19,010,000 | $15,560,000 | -18.1% | 2.8% |
| UNION HOME MORTGAGE CORP. | $14,990,000 | $14,160,000 | -5.5% | 2.6% |
| Truist | $18,680,000 | $12,795,000 | -31.5% | 2.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $11,335,000 | $12,425,000 | 9.6% | 2.3% |
| Waterstone Mortgage Corporation | $13,980,000 | $10,595,000 | -24.2% | 1.9% |
| NVR Mortgage Finance, Inc. | $560,000 | $10,550,000 | 1,783.9% | 1.9% |
| Integrity Home Mortgage Corp | $11,125,000 | $10,355,000 | -6.9% | 1.9% |
| MOVEMENT MORTGAGE, LLC | $15,385,000 | $9,555,000 | -37.9% | 1.7% |
| Mortgage Research Center, LLC | $9,535,000 | $8,960,000 | -6.0% | 1.6% |
| Prosperity Home Mortgage, LLC | $7,370,000 | $8,040,000 | 9.1% | 1.5% |
| NFM, INC. | $14,290,000 | $7,015,000 | -50.9% | 1.3% |
| Wells Fargo Bank | $15,425,000 | $6,935,000 | -55.0% | 1.3% |
| NAVY FEDERAL CREDIT UNION | $6,140,000 | $6,315,000 | 2.9% | 1.2% |
| Atlantic Coast Mortgage, LLC | $4,820,000 | $6,260,000 | 29.9% | 1.1% |
| Frontier Community Bank | $5,325,000 | n/a | 1.0% | |
| First-Citizens Bank & Trust Company | $7,865,000 | $5,130,000 | -34.8% | 0.9% |
| CMG MORTGAGE, INC. | $5,310,000 | $5,080,000 | -4.3% | 0.9% |
| Member Options, LLC | $3,895,000 | $4,970,000 | 27.6% | 0.9% |
| First Bank | $8,005,000 | $4,655,000 | -41.8% | 0.8% |
| First Heritage Mortgage, LLC | $7,320,000 | $4,375,000 | -40.2% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,085,000 | $4,005,000 | -43.5% | 0.7% |
| Select Bank | $5,680,000 | $3,905,000 | -31.3% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $7,375,000 | $3,880,000 | -47.4% | 0.7% |
| CBM Mortgage, Inc. | $4,595,000 | $3,805,000 | -17.2% | 0.7% |
| EMBRACE HOME LOANS, INC. | $2,225,000 | $3,205,000 | 44.0% | 0.6% |
| PARK VIEW FEDERAL CREDIT UNION | $4,675,000 | $3,040,000 | -35.0% | 0.6% |
| Fulton Bank | $1,070,000 | $2,950,000 | 175.7% | 0.5% |
| George Mason Mortgage, LLC | $15,065,000 | $2,840,000 | -81.1% | 0.5% |
| DHI MORTGAGE COMPANY, LTD. | $225,000 | $2,510,000 | 1,015.6% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $7,300,000 | $2,485,000 | -66.0% | 0.5% |
| LOANDEPOT.COM, LLC | $9,200,000 | $2,240,000 | -75.7% | 0.4% |
| USAA Federal Savings Bank | $3,330,000 | $2,205,000 | -33.8% | 0.4% |
| Virginia Credit Union, Inc. | $3,040,000 | $2,140,000 | -29.6% | 0.4% |
| NEWREZ LLC | $2,485,000 | $2,125,000 | -14.5% | 0.4% |
| Ixonia Bank | $2,815,000 | $1,945,000 | -30.9% | 0.4% |
| BROKER SOLUTIONS, INC. | $4,360,000 | $1,925,000 | -55.8% | 0.4% |
| PNC Bank | $2,185,000 | $1,875,000 | -14.2% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,465,000 | $1,820,000 | 24.2% | 0.3% |
| COMMONWEALTH ONE FEDERAL CREDIT UNION | $300,000 | $1,790,000 | 496.7% | 0.3% |
| Pendleton Community Bank, Inc. | $3,405,000 | $1,775,000 | -47.9% | 0.3% |
| JPMorgan Chase Bank | $2,855,000 | $1,750,000 | -38.7% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $1,490,000 | $1,740,000 | 16.8% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $5,845,000 | $1,660,000 | -71.6% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,775,000 | $1,555,000 | -44.0% | 0.3% |
| ZILLOW HOME LOANS, LLC | $525,000 | $1,480,000 | 181.9% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $925,000 | $1,445,000 | 56.2% | 0.3% |
| INTERCOASTAL MORTGAGE COMPANY | $255,000 | $1,375,000 | 439.2% | 0.3% |
| MYCUMORTGAGE, LLC | $2,875,000 | $1,365,000 | -52.5% | 0.2% |
| Bank of America | $3,370,000 | $1,360,000 | -59.6% | 0.2% |
| First National Bank of Pennsylvania | $1,340,000 | n/a | 0.2% | |
| Community Bank of the Chesapeake | $1,335,000 | n/a | 0.2% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $1,120,000 | $1,320,000 | 17.9% | 0.2% |
| The Federal Savings Bank | $1,755,000 | $1,300,000 | -25.9% | 0.2% |
| HOMESPIRE MORTGAGE CORPORATION | $250,000 | $1,280,000 | 412.0% | 0.2% |
| CAPITAL CENTER, L.L.C. | $4,375,000 | $1,270,000 | -71.0% | 0.2% |
| Virginia Partners Bank | $1,175,000 | n/a | 0.2% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,470,000 | $1,140,000 | -67.1% | 0.2% |
| UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. | $725,000 | $1,130,000 | 55.9% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $1,105,000 | n/a | 0.2% | |
| Discover Bank | $45,000 | $1,070,000 | 2,277.8% | 0.2% |
| ROSS MORTGAGE CORPORATION | $295,000 | $1,070,000 | 262.7% | 0.2% |
| Ally Bank | $1,060,000 | n/a | 0.2% | |
| Bank of the James | $2,300,000 | $1,060,000 | -53.9% | 0.2% |
| TD Bank | $360,000 | $990,000 | 175.0% | 0.2% |
| AgFirst Farm Credit Bank | $3,020,000 | $925,000 | -69.4% | 0.2% |
| Carrington Mortgage Services, LLC | $1,040,000 | $915,000 | -12.0% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,640,000 | $910,000 | -44.5% | 0.2% |
| GUARANTEED RATE, INC. | $2,505,000 | $905,000 | -63.9% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $840,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $1,830,000 | $835,000 | -54.4% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $695,000 | $835,000 | 20.1% | 0.2% |
| AMERICAN INTERNET MORTGAGE, INC. | $195,000 | $810,000 | 315.4% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $680,000 | $810,000 | 19.1% | 0.1% |
| 21ST MORTGAGE CORPORATION | $705,000 | $800,000 | 13.5% | 0.1% |
| Farm Credit of the Virginias, ACA | $2,785,000 | $800,000 | -71.3% | 0.1% |
| Blue Ridge Bank | $7,535,000 | $795,000 | -89.4% | 0.1% |
| Nations Lending Corporation | $370,000 | $755,000 | 104.1% | 0.1% |
| Towne First Mortgage, LLC | $755,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $515,000 | $745,000 | 44.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $490,000 | $730,000 | 49.0% | 0.1% |
| Citizens Bank | $4,355,000 | $730,000 | -83.2% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $625,000 | $725,000 | 16.0% | 0.1% |
| CLEARPATH LENDING | $275,000 | $720,000 | 161.8% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $395,000 | $720,000 | 82.3% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $715,000 | n/a | 0.1% | |
| NBKC BANK | $275,000 | $710,000 | 158.2% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $705,000 | n/a | 0.1% | |
| Towne Bank | $590,000 | $655,000 | 11.0% | 0.1% |
| BETTER MORTGAGE CORPORATION | $310,000 | $650,000 | 109.7% | 0.1% |
| MILEND, INC. | $1,170,000 | $635,000 | -45.7% | 0.1% |
| LOANPAL, LLC | $2,370,000 | $630,000 | -73.4% | 0.1% |
| Northpointe Bank | $145,000 | $630,000 | 334.5% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,500,000 | $620,000 | -58.7% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $610,000 | n/a | 0.1% | |
| Renasant Bank | $2,390,000 | $610,000 | -74.5% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $370,000 | $545,000 | 47.3% | 0.1% |
| THRIVE MORTGAGE, LLC | $545,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $530,000 | n/a | 0.1% | |
| ACADEMY MORTGAGE CORPORATION | $510,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $560,000 | $500,000 | -10.7% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $500,000 | n/a | 0.1% | |
| PIONEER BANK | $1,560,000 | $490,000 | -68.6% | 0.1% |
| STATE EMPLOYEES' | $1,485,000 | $490,000 | -67.0% | 0.1% |
| Figure Lending LLC | $630,000 | $485,000 | -23.0% | 0.1% |
| GUILD MORTGAGE COMPANY | $1,430,000 | $480,000 | -66.4% | 0.1% |
| SOUTHERN TRUST MORTGAGE, LLC | $475,000 | n/a | 0.1% | |
| LOANLEADERS OF AMERICA, INC. | $225,000 | $470,000 | 108.9% | 0.1% |
| FIRST HOME MORTGAGE CORPORATION | $215,000 | $460,000 | 114.0% | 0.1% |
| JAMS-01, INC. | $460,000 | n/a | 0.1% | |
| U.S. Bank | $1,335,000 | $445,000 | -66.7% | 0.1% |
| Summit Community Bank, Inc. | $1,460,000 | $440,000 | -69.9% | 0.1% |
| Evolve Bank & Trust | $435,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $425,000 | n/a | 0.1% | |
| Presidential Bank, FSB | $820,000 | $405,000 | -50.6% | 0.1% |
| Strong Home Mortgage, LLC | $830,000 | $405,000 | -51.2% | 0.1% |
| Bank of Botetourt | $2,170,000 | $395,000 | -81.8% | 0.1% |
| DAS Acquisition Company, LLC | $385,000 | n/a | 0.1% | |
| NATIONAL BANKSHARES, INC. | $75,000 | $385,000 | 413.3% | 0.1% |
| PREMIA MORTGAGE, LLC | $385,000 | n/a | 0.1% | |
| VILLAGE CAPITAL MORTGAGE | $770,000 | $385,000 | -50.0% | 0.1% |
| LANGLEY | $385,000 | $380,000 | -1.3% | 0.1% |
| FIRST SAVINGS MORTGAGE CORPORATION | $370,000 | n/a | 0.1% | |
| Hancock Whitney Bank | $365,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $275,000 | $355,000 | 29.1% | 0.1% |
| OPEN MORTGAGE, LLC | $135,000 | $355,000 | 163.0% | 0.1% |
| SUMMIT FUNDING, INC. | $355,000 | n/a | 0.1% | |
| Acre Mortgage and Financial Inc | $345,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $650,000 | $335,000 | -48.5% | 0.1% |
| First IC Corporation | $325,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $315,000 | n/a | 0.1% | |
| TEACHERS | $305,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $415,000 | $300,000 | -27.7% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $2,465,000 | $300,000 | -87.8% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $300,000 | n/a | 0.1% | |
| Arvest Bank | $95,000 | $285,000 | 200.0% | 0.1% |
| NexBank | $285,000 | n/a | 0.1% | |
| SCIENT Federal Credit Union | $285,000 | n/a | 0.1% | |
| EASTMAN | $100,000 | $275,000 | 175.0% | 0.1% |
| Cornerstone First Mortgage, Inc | $265,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $895,000 | $265,000 | -70.4% | 0.0% |
| FIRST TECHNOLOGY | $260,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $340,000 | $255,000 | -25.0% | 0.0% |
| NASA Federal Credit Union | $255,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $255,000 | n/a | 0.0% | |
| EMM LOANS LLC | $400,000 | $245,000 | -38.8% | 0.0% |
| Equity Prime Mortgage LLC | $295,000 | $245,000 | -16.9% | 0.0% |
| TOWER | $75,000 | $235,000 | 213.3% | 0.0% |
| The Central Trust Bank | $225,000 | n/a | 0.0% | |
| Tidewater Home Funding, LLC | $155,000 | $215,000 | 38.7% | 0.0% |
| Apple Federal Credit Union | $185,000 | $205,000 | 10.8% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $275,000 | $205,000 | -25.5% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $205,000 | n/a | 0.0% | |
| Skyline National Bank | $205,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $600,000 | $205,000 | -65.8% | 0.0% |
| Vellum Mortgage, Inc. | $215,000 | $200,000 | -7.0% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $870,000 | $195,000 | -77.6% | 0.0% |
| Axos Bank | $135,000 | $185,000 | 37.0% | 0.0% |
| Coastal Community Bank | $185,000 | n/a | 0.0% | |
| DOMINION ENERGY CREDIT UNION | $245,000 | $185,000 | -24.5% | 0.0% |
| NATION ONE MORTGAGE CORPORATION | $255,000 | $185,000 | -27.5% | 0.0% |
| M&T Bank | $925,000 | $180,000 | -80.5% | 0.0% |
| T2 FINANCIAL LLC | $175,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $165,000 | n/a | 0.0% | |
| Citizens and Farmers Bank | $295,000 | $160,000 | -45.8% | 0.0% |
| EVANSVILLE TEACHERS | $155,000 | n/a | 0.0% | |
| Park Lane Finance Solutions, LLC | $280,000 | $150,000 | -46.4% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $435,000 | $145,000 | -66.7% | 0.0% |
| PHH Mortgage Corporation | $250,000 | $145,000 | -42.0% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| 1st Summit Bank | $125,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $125,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $100,000 | $120,000 | 20.0% | 0.0% |
| Encompass Lending Group, LP | $105,000 | n/a | 0.0% | |
| HANSCOM | $155,000 | $105,000 | -32.3% | 0.0% |
| UBS Bank USA | $105,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $100,000 | n/a | 0.0% | |
| ARLINGTON COMMUNITY | $95,000 | n/a | 0.0% | |
| Connexus Credit Union | $95,000 | n/a | 0.0% | |
| ValleyStar Credit Union | $18,075,000 | $95,000 | -99.5% | 0.0% |
| ALLIANT CREDIT UNION | $105,000 | $85,000 | -19.0% | 0.0% |
| Centier Bank | $200,000 | $75,000 | -62.5% | 0.0% |
| UNIVERSITY CREDIT UNION | $75,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $65,000 | n/a | 0.0% | |
| United Bank | $585,000 | $65,000 | -88.9% | 0.0% |
| Baxter Credit Union | $55,000 | n/a | 0.0% | |
| MERCK EMPLOYEES FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| NEXTMARK | $65,000 | $55,000 | -15.4% | 0.0% |
| Northwest Federal Credit Union | $25,000 | $55,000 | 120.0% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% |
STAUNTON's top lender by overall market share is DUPONT COMMUNITY, with 13.1% market share. In second place, with 6.3%, is Alcova Mortgage LLC, having originated $34,335,000 in loans. In third place, with 4.4%, is City National Bank of West Virginia, having originated $24,280,000 in loans. In fourth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $23,525,000 in loans. In fifth place, with 4.0%, is GREYSTONE SERVICING COMPANY LLC, having originated $21,725,000 in loans.
STAUNTON, 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.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 22812 | Staunton-Waynesboro, VA MSA | $750 | $760 | $990 | $1,320 | $1,680 |
| 22841 | Staunton-Waynesboro, VA MSA | $760 | $760 | $1,000 | $1,330 | $1,700 |
| 22843 | Staunton-Waynesboro, VA MSA | $840 | $850 | $1,010 | $1,410 | $1,720 |
| 22920 | Staunton-Waynesboro, VA MSA | $1,020 | $1,030 | $1,230 | $1,530 | $1,900 |
| 22939 | Staunton-Waynesboro, VA MSA | $1,210 | $1,210 | $1,450 | $2,020 | $2,470 |
| 22952 | Staunton-Waynesboro, VA MSA | $970 | $980 | $1,170 | $1,630 | $1,990 |
| 22958 | Staunton-Waynesboro, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22967 | Staunton-Waynesboro, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22980 | Staunton-Waynesboro, VA MSA | $810 | $810 | $970 | $1,350 | $1,650 |
| 24401 | Staunton-Waynesboro, VA MSA | $830 | $840 | $1,000 | $1,390 | $1,700 |
| 24402 | Staunton-Waynesboro, VA MSA | $820 | $820 | $980 | $1,370 | $1,670 |
| 24411 | Staunton-Waynesboro, VA MSA | $660 | $670 | $830 | $1,130 | $1,380 |
| 24421 | Staunton-Waynesboro, VA MSA | $830 | $840 | $1,000 | $1,400 | $1,710 |
| 24430 | Staunton-Waynesboro, VA MSA | $660 | $670 | $830 | $1,130 | $1,380 |
| 24431 | Staunton-Waynesboro, VA MSA | $670 | $680 | $830 | $1,130 | $1,380 |
| 24432 | Staunton-Waynesboro, VA MSA | $860 | $860 | $1,030 | $1,440 | $1,750 |
| 24437 | Staunton-Waynesboro, VA MSA | $760 | $770 | $920 | $1,280 | $1,570 |
| 24439 | Staunton-Waynesboro, VA MSA | $660 | $670 | $830 | $1,130 | $1,380 |
| 24440 | Staunton-Waynesboro, VA MSA | $810 | $810 | $970 | $1,350 | $1,650 |
| 24441 | Staunton-Waynesboro, VA MSA | $780 | $780 | $990 | $1,340 | $1,690 |
| 24459 | Staunton-Waynesboro, VA MSA | $690 | $690 | $830 | $1,150 | $1,400 |
| 24463 | Staunton-Waynesboro, VA MSA | $860 | $860 | $1,030 | $1,440 | $1,750 |
| 24467 | Staunton-Waynesboro, VA MSA | $860 | $860 | $1,050 | $1,450 | $1,780 |
| 24469 | Staunton-Waynesboro, VA MSA | $860 | $860 | $1,030 | $1,440 | $1,750 |
| 24472 | Staunton-Waynesboro, VA MSA | $660 | $670 | $830 | $1,130 | $1,380 |
| 24476 | Staunton-Waynesboro, VA MSA | $860 | $860 | $1,030 | $1,440 | $1,750 |
| 24477 | Staunton-Waynesboro, VA MSA | $920 | $930 | $1,110 | $1,550 | $1,890 |
| 24479 | Staunton-Waynesboro, VA MSA | $860 | $860 | $1,030 | $1,440 | $1,750 |
| 24482 | Staunton-Waynesboro, VA MSA | $780 | $790 | $940 | $1,310 | $1,600 |
| 24485 | Staunton-Waynesboro, VA MSA | $860 | $860 | $1,030 | $1,440 | $1,750 |
| 24486 | Staunton-Waynesboro, VA MSA | $920 | $920 | $1,110 | $1,550 | $1,890 |
2022 Average & Median Rent Data Statistics
STAUNTON, VA average 1BR rent: $835, median: $840
STAUNTON, VA average 2BR rent: $1,011, median: $1,000
STAUNTON, VA average 3BR rent: $1,382, median: $1,400
STAUNTON, VA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,493 | $383,585,000 | $256,922 |
| Other | 372 | $30,470,000 | $81,909 |
| Home Improvement | 342 | $23,680,000 | $69,240 |
| Cash Out Refi | 282 | $51,920,000 | $184,113 |
| Refi | 217 | $59,455,000 | $273,986 |
Staunton's most frequently cited loan purpose was Home Purchase, with 1,493 originations. The 2nd most popular reason was Other, with 372 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 861 | $200,255,000 | $232,584 |
| 7-8% | 747 | $138,885,000 | $185,924 |
| Over 8% | 494 | $47,510,000 | $96,174 |
| 5-6% | 390 | $97,410,000 | $249,769 |
| 4-5% | 62 | $14,780,000 | $238,387 |
| 2.5-3% | 41 | $4,495,000 | $109,634 |
| <2.5% | 9 | $485,000 | $53,889 |
| 3-4% | 2 | $460,000 | $230,000 |
During 2023, Staunton's most frequently originated rate bucket was 6-7%, with 861 originations.
Loan Sizing (STAUNTON, VA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,053 | $289,565,000 | $274,991 |
| $100,000 or less | 783 | $38,745,000 | $49,483 |
| $100k-200k | 688 | $104,340,000 | $151,657 |
| $400k-600k | 145 | $66,665,000 | $459,759 |
| $600k-1000k | 26 | $18,250,000 | $701,923 |
| $Over $1MM | 11 | $31,545,000 | $2,867,727 |
STAUNTON's loan sizing saw the bucket of loans from $200k-400k with 1,053 originations, totaling $289,565,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 985 | $273,765,000 | $277,934 |
| 60-80% | 470 | $136,520,000 | $290,468 |
| Under 20% | 447 | $16,375,000 | $36,633 |
| 20-40% | 390 | $38,660,000 | $99,128 |
| 40-60% | 279 | $49,015,000 | $175,681 |
| Over 100% | 33 | $10,425,000 | $315,909 |
STAUNTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 985 originations, totaling $273,765,000 in origination value.