Allentown VA Loan Rates, Closing Costs & Stats

ALLENTOWN-BETHLEHEM-EASTON, PA-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.

    Allentown's 89 lenders originated 620 VA loans during 2024. The total origination value was $218,650,000, with an average VA loan value of $352,661.

    Allentown VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Allentown averaged 0.72% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    Allentown's average VA mortgage closing costs are $7,549.

    The average rate for the prior week (2025-06-13) was 6.77% and one month ago for the week of 2025-05-16, the average rate was 7.13%.

    The average rate one year ago was 6.83%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.26%.

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

    Allentown 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 Allentown level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 109 6.25% $8,532
    UNITED WHOLESALE MORTGAGE, LLC 76 5.87% $10,398
    QUICKEN LOANS, LLC 38 6.28% $14,783
    FREEDOM MORTGAGE CORPORATION 37 6.30% $13,062
    NAVY FEDERAL CREDIT UNION 25 5.98% $6,302
    NEWREZ LLC 19 6.28% $10,346
    CROSSCOUNTRY MORTGAGE, LLC 19 6.38% $9,834
    NEW DAY FINANCIAL, LLC 18 7.59% $13,078
    PENNYMAC LOAN SERVICES, LLC 17 5.70% $9,470
    The Federal Savings Bank 15 6.33% $19,537
    USAA Federal Savings Bank 12 6.06% $12,400
    Prosperity Home Mortgage, LLC 12 6.28% $10,075
    VILLAGE CAPITAL MORTGAGE 10 5.69% $11,518
    LOANDEPOT.COM, LLC 9 6.37% $15,190
    NVR Mortgage Finance, Inc. 8 5.62% $5,981
    DHI MORTGAGE COMPANY, LTD. 8 6.33% $11,586
    GUILD MORTGAGE COMPANY 7 6.16% $10,330
    PLANET HOME LENDING, LLC 6 6.29% $10,797
    Ixonia Bank 6 6.98% $12,063
    MOVEMENT MORTGAGE, LLC 6 6.81% $10,735
    Mortgage America, Inc. 6 6.67% $7,888
    UNION HOME MORTGAGE CORP. 6 6.44% $14,076
    CMG MORTGAGE, INC. 5 6.67% $12,353
    Equity Prime Mortgage LLC 5 6.63% $7,450
    Mid-Continent Funding, Inc. 4 6.06% $10,710
    Keystone Funding, Inc. 4 6.09% $11,291
    PENTAGON FEDERAL CREDIT UNION 4 6.06% $5,034
    ABSOLUTE HOME MORTGAGE CORPORATION 3 6.42% $10,344
    PHH Mortgage Corporation 3 6.04% $9,699
    GUARANTEED RATE, INC. 3 5.92% $7,212
    T2 FINANCIAL LLC 3 6.25% $13,973
    EAGLE HOME MORTGAGE, LLC 3 5.88% $7,947
    EMBRACE HOME LOANS, INC. 3 6.25% $6,130
    LAKEVIEW LOAN SERVICING, LLC 3 5.58% $6,771
    Century Mortgage Company DBA Century Lending Company 3 6.21% $7,218
    LOANPAL, LLC 3 6.12% $10,892
    EQUITY RESOURCES, INC. 3 6.13% $11,013
    FIRST COLONY MORTGAGE CORPORATION 3 6.21% $11,879
    Mr. Cooper ( Nationstar Mortgage ) 3 6.42% $11,522
    Nations Lending Corporation 2 6.63% $11,686
    Magnolia Bank 2 6.00% $30,484
    NJ LENDERS CORP. 2 6.75% $7,394
    NBKC BANK 2 5.75% $9,603
    RELIANCE FIRST CAPITAL, LLC 2 5.44% $25,468
    MORTGAGE ACCESS CORP. 2 6.88% $8,882
    PLAZA HOME MORTGAGE, INC. 2 5.56% $10,918
    Plains Commerce Bank 2 6.50% $8,444
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.25% $5,629
    CARDINAL FINANCIAL 2 6.50% $11,898
    V.I.P. MORTGAGE, INC. 2 6.44% $6,131
    NFM, INC. 2 7.25% $11,585
    Univest Bank and Trust Co. 2 6.63% $7,208
    Barrington Bank & Trust Company, N.A. 2 6.75% $6,360
    OceanFirst Bank 2 5.63% $13,786
    HOMESIDE FINANCIAL, LLC 2 6.25% $25,223
    SUN WEST MORTGAGE COMPANY, INC. 2 6.88% $15,259
    NETWORK CAPITAL FUNDING CORPORATION 1 6.50% $18,574
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.75% $6,621
    AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $10,119
    AMERICAN FINANCING CORPORATION 1 5.99% $17,127
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.75% $4,773
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $12,482
    Bank of England 1 6.75% $16,004
    BROKER SOLUTIONS, INC. 1 6.49% $4,605
    CLEARPATH LENDING 1 5.25% $5,830
    DAS Acquisition Company, LLC 1 6.25% $6,504
    EMM LOANS LLC 1 5.75% $11,002
    First Federal Bank 1 6.13% $12,408
    Flagstar Bank, FSB 1 5.75% $15,024
    Fulton Bank 1 6.25% $11,068
    GoPrime Mortgage, Inc. 1 6.25% $9,256
    GUARANTEED RATE AFFINITY, LLC 1 6.75% $4,116
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.50% $7,952
    JPMorgan Chase Bank 1 6.50% $4,618
    LENOX FINANCIAL MORTGAGE CORPORATION 1 5.75% $11,085
    LOANLEADERS OF AMERICA, INC. 1 5.25% $20,057
    MEMBERS 1ST FEDERAL CREDIT UNION 1 6.50% $7,973
    MICHIGAN MUTUAL, INC. 1 6.25% $6,400
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $47,910
    NATIONS DIRECT MORTGAGE, LLC 1 6.25% $11,733
    Northeast Equitable Mortgage, LLC 1 7.75% $5,284
    Paramount Residential Mortgage Group, Inc. 1 5.75% $11,328
    PINNACLE MORTGAGE, INC. 1 5.99% $14,223
    PNC Bank 1 6.88% $4,554
    ROYAL UNITED MORTGAGE LLC 1 6.75% $9,684
    SeaTrust Mortgage Company 1 6.75% $13,441
    The Loan Store, Inc. 1 6.13% $10,272
    U.S. Bank 1 6.75% $2,435
    Waterstone Mortgage Corporation 1 7.50% $8,592

    The top Allentown VA lender as defined by loan originations is Mortgage Research Center, LLC, with 109 VA loans originated. Their average total fees are $8,532, which is $1,866 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Allentown VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($6,302), Mortgage Research Center, LLC ($8,532), PENNYMAC LOAN SERVICES, LLC ($9,470), CROSSCOUNTRY MORTGAGE, LLC ($9,834) and Prosperity Home Mortgage, LLC ($10,075).

    The lowest rate Allentown VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (5.69%), PENNYMAC LOAN SERVICES, LLC (5.70%), UNITED WHOLESALE MORTGAGE, LLC (5.87%), NAVY FEDERAL CREDIT UNION (5.98%) and USAA Federal Savings Bank (6.06%).

    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.