Dayton VA Loan Rates, Closing Costs & Stats
DAYTON-KETTERING, OH
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.
Dayton's 133 lenders originated 2,166 VA
loans during 2024. The total origination value was $637,130,000, with an average VA loan value of
$294,151.
Dayton VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Dayton
averaged
0.46%
for the week of 2025-07-04, compared to the national average (all VA variants) of
0% for the same period.
Dayton's average VA mortgage closing costs are $5,960.
The average rate for the prior week (2025-06-27) was
6.7% and
one month ago for the week of 2025-05-30, the
average rate was 6.72%.
The average rate one year ago was 6.84%.
For refis of the same type during the week of 2025-07-04, the average rate
was 0.31%.
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.
Dayton 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 Dayton level.
Name |
# of Loans |
2024 Avg. 30yFix Rate |
2024 Avg. Closing Costs |
Mortgage Research Center, LLC
|
408
|
6.39%
|
$6,250
|
UNITED WHOLESALE MORTGAGE, LLC
|
136
|
5.95%
|
$7,656
|
FREEDOM MORTGAGE CORPORATION
|
114
|
6.12%
|
$6,421
|
QUICKEN LOANS, LLC
|
98
|
6.00%
|
$9,047
|
Union Savings Bank
|
90
|
6.12%
|
$5,480
|
PRIMELENDING, A PLAINSCAPITAL COMPANY
|
75
|
6.40%
|
$7,337
|
PENNYMAC LOAN SERVICES, LLC
|
65
|
5.57%
|
$6,704
|
NAVY FEDERAL CREDIT UNION
|
62
|
5.88%
|
$5,211
|
USAA Federal Savings Bank
|
58
|
6.31%
|
$8,869
|
HOMESIDE FINANCIAL, LLC
|
55
|
6.56%
|
$9,043
|
CROSSCOUNTRY MORTGAGE, LLC
|
52
|
6.40%
|
$7,274
|
VICTORY MORTGAGE, L.L.C.
|
45
|
5.89%
|
$6,675
|
NVR Mortgage Finance, Inc.
|
43
|
6.20%
|
$8,217
|
The Huntington National Bank
|
37
|
6.44%
|
$6,333
|
NEW DAY FINANCIAL, LLC
|
37
|
7.41%
|
$11,483
|
DAS Acquisition Company, LLC
|
35
|
6.64%
|
$9,853
|
LOANDEPOT.COM, LLC
|
33
|
6.32%
|
$7,600
|
M/I FINANCIAL, LLC
|
31
|
5.67%
|
$14,379
|
VILLAGE CAPITAL MORTGAGE
|
31
|
5.87%
|
$6,556
|
FIRST COMMUNITY MORTGAGE, INC.
|
27
|
6.55%
|
$5,596
|
WRIGHT-PATT CREDIT UNION, INC.
|
23
|
6.51%
|
$6,238
|
NEWREZ LLC
|
20
|
6.08%
|
$7,744
|
VANDERBILT MORTGAGE AND FINANCE, INC.
|
18
|
5.57%
|
$6,081
|
GUARANTEED RATE, INC.
|
18
|
6.10%
|
$4,545
|
RUOFF MORTGAGE COMPANY, INC.
|
17
|
6.49%
|
$7,145
|
PLANET HOME LENDING, LLC
|
16
|
5.51%
|
$4,402
|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
|
16
|
6.73%
|
$11,440
|
DHI MORTGAGE COMPANY, LTD.
|
16
|
5.01%
|
$8,934
|
MOVEMENT MORTGAGE, LLC
|
14
|
6.09%
|
$9,260
|
CMG MORTGAGE, INC.
|
14
|
6.04%
|
$7,274
|
MORTGAGE SOLUTIONS OF COLORADO, LLC
|
12
|
6.84%
|
$3,038
|
Barrington Bank & Trust Company, N.A.
|
12
|
6.54%
|
$6,011
|
BROKER SOLUTIONS, INC.
|
12
|
6.80%
|
$10,516
|
LAKEVIEW LOAN SERVICING, LLC
|
11
|
5.86%
|
$6,407
|
Mr. Cooper ( Nationstar Mortgage )
|
11
|
6.33%
|
$7,734
|
Fifth Third Bank
|
11
|
6.49%
|
$4,906
|
The Federal Savings Bank
|
11
|
6.38%
|
$16,348
|
UNION HOME MORTGAGE CORP.
|
10
|
7.05%
|
$6,045
|
JPMorgan Chase Bank
|
10
|
6.14%
|
$6,132
|
NATIONS RELIABLE LENDING, LLC
|
10
|
6.49%
|
$8,212
|
NBKC BANK
|
9
|
5.96%
|
$6,335
|
Magnolia Bank
|
8
|
5.94%
|
$18,226
|
Paramount Residential Mortgage Group, Inc.
|
8
|
6.37%
|
$10,824
|
First Federal Bank
|
7
|
5.89%
|
$8,565
|
NFM, INC.
|
7
|
6.57%
|
$9,669
|
Armed Forces Bank
|
7
|
6.05%
|
$9,524
|
HOWARD HANNA FINANCIAL SERVICES, INC.
|
6
|
6.46%
|
$6,648
|
CLEARPATH LENDING
|
6
|
5.73%
|
$3,517
|
HOMEBRIDGE FINANCIAL SERVICES, INC.
|
6
|
6.42%
|
$1,972
|
PENTAGON FEDERAL CREDIT UNION
|
6
|
6.25%
|
$10,934
|
POLARIS HOME FUNDING CORP.
|
6
|
6.85%
|
$14,889
|
Gateway First Bank
|
5
|
6.63%
|
$9,375
|
The Loan Store, Inc.
|
5
|
6.55%
|
$6,400
|
TJC Mortgage, Inc.
|
5
|
5.98%
|
$7,766
|
Flagstar Bank, FSB
|
5
|
6.13%
|
$11,641
|
DIRECT MORTGAGE LOANS, LLC
|
5
|
7.00%
|
$10,545
|
GUARANTEED RATE AFFINITY, LLC
|
5
|
6.18%
|
$5,652
|
GUILD MORTGAGE COMPANY
|
5
|
6.45%
|
$7,447
|
MUTUAL OF OMAHA MORTGAGE, INC.
|
4
|
6.03%
|
$9,266
|
U.S. Bank
|
4
|
6.59%
|
$5,327
|
MORTGAGEONE, INC.
|
4
|
6.81%
|
$7,001
|
RAPID MORTGAGE COMPANY
|
3
|
6.74%
|
$10,610
|
American Mortgage & Equity Consultants, Inc.
|
3
|
6.62%
|
$4,048
|
BAY EQUITY LLC
|
3
|
6.42%
|
$9,024
|
Carrington Mortgage Services, LLC
|
3
|
5.92%
|
$8,107
|
Equity Prime Mortgage LLC
|
3
|
7.04%
|
$14,650
|
First Financial Bank
|
3
|
6.17%
|
$11,055
|
LOANPAL, LLC
|
3
|
6.50%
|
$9,837
|
North American Savings Bank, F.S.B.
|
3
|
5.83%
|
$5,945
|
NORTHERN MORTGAGE SERVICES, LLC
|
3
|
6.54%
|
$4,702
|
SUN WEST MORTGAGE COMPANY, INC.
|
3
|
5.63%
|
$6,229
|
GENEVA FINANCIAL, LLC
|
2
|
6.75%
|
$6,383
|
ON Q FINANCIAL, INC.
|
2
|
6.56%
|
$7,738
|
ZILLOW HOME LOANS, LLC
|
2
|
5.88%
|
$8,350
|
KeyBank
|
2
|
6.25%
|
$10,871
|
GoPrime Mortgage, Inc.
|
2
|
6.44%
|
$15,406
|
THE EQUITABLE MORTGAGE CORPORATION
|
2
|
6.31%
|
$14,534
|
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
|
2
|
6.31%
|
$7,256
|
1st National Bank
|
2
|
6.74%
|
$7,642
|
Credence Funding Corporation
|
2
|
5.69%
|
$8,938
|
PHH Mortgage Corporation
|
2
|
5.88%
|
$6,348
|
Nations Lending Corporation
|
2
|
6.63%
|
$15,080
|
CHURCHILL MORTGAGE CORPORATION
|
2
|
7.19%
|
$8,333
|
Century Mortgage Company DBA Century Lending Company
|
2
|
5.50%
|
$3,975
|
AMERICAN FINANCIAL RESOURCES, INC.
|
2
|
6.75%
|
$19,670
|
Bank of England
|
2
|
7.00%
|
$6,978
|
PLAZA HOME MORTGAGE, INC.
|
2
|
6.13%
|
$11,870
|
PNC Bank
|
2
|
6.56%
|
$3,257
|
VAN DYK MORTGAGE CORPORATION
|
2
|
7.38%
|
$7,158
|
SIBCY CLINE MORTGAGE SERVICES, INC.
|
2
|
6.44%
|
$4,607
|
AMERICAN PACIFIC MORTGAGE CORPORATION
|
2
|
6.38%
|
$18,266
|
NETWORK CAPITAL FUNDING CORPORATION
|
2
|
6.25%
|
$30,062
|
STOCKTON MORTGAGE CORPORATION
|
2
|
6.25%
|
$4,807
|
LIBERTY HOME MORTGAGE CORPORATION
|
2
|
6.94%
|
$4,964
|
LAND HOME FINANCIAL SERVICES, INC.
|
2
|
6.25%
|
$4,638
|
Stride Bank
|
1
|
6.25%
|
$11,623
|
SUCCESS MORTGAGE PARTNERS, INC.
|
1
|
5.88%
|
$10,434
|
T2 FINANCIAL LLC
|
1
|
7.13%
|
$2,864
|
The Central Trust Bank
|
1
|
6.75%
|
$15,567
|
EMM LOANS LLC
|
1
|
6.25%
|
$11,308
|
DEVELOPER'S MORTGAGE COMPANY
|
1
|
6.25%
|
$27,243
|
The Union Bank Company
|
1
|
6.25%
|
$8,109
|
Citizens Bank
|
1
|
6.50%
|
$11,334
|
CARDINAL FINANCIAL
|
1
|
6.25%
|
$20,240
|
ARK-LA-TEX FINANCIAL SERVICES, LLC.
|
1
|
6.25%
|
$12,690
|
AMERISAVE MORTGAGE CORPORATION
|
1
|
5.88%
|
$9,685
|
VERITAS FUNDING, LLC
|
1
|
6.25%
|
$11,763
|
American National Bank
|
1
|
5.75%
|
$4,631
|
MICHIGAN MUTUAL, INC.
|
1
|
6.75%
|
$4,578
|
LEADERONE FINANCIAL CORPORATION
|
1
|
7.25%
|
$6,628
|
Lakeview Community Capital, LLC
|
1
|
5.75%
|
$5,828
|
NATIONWIDE MORTGAGE BANKERS, INC.
|
1
|
6.25%
|
$9,388
|
INSPIRE HOME LOANS INC.
|
1
|
5.63%
|
$6,527
|
GSF Mortgage Corporation
|
1
|
6.38%
|
$8,784
|
WesBanco
|
1
|
6.25%
|
$10,122
|
NP, Inc.
|
1
|
6.75%
|
$9,081
|
GARDNER FINANCIAL SERVICES, LTD.
|
1
|
6.25%
|
$14,824
|
FLAT BRANCH MORTGAGE, INC.
|
1
|
6.63%
|
$6,869
|
First Federal Bank of the Midwest
|
1
|
6.25%
|
$9,656
|
Plains Commerce Bank
|
1
|
5.75%
|
$10,046
|
First Federal Bank of Kansas City
|
1
|
5.88%
|
$14,518
|
FIRST COLONY MORTGAGE CORPORATION
|
1
|
5.75%
|
$18,710
|
PREMIA MORTGAGE, LLC
|
1
|
5.88%
|
$11,722
|
PRIMARY RESIDENTIAL MORTGAGE, INC.
|
1
|
7.13%
|
$11,306
|
Farmers Bank & Trust
|
1
|
5.99%
|
$13,423
|
Prosperity Home Mortgage, LLC
|
1
|
5.99%
|
$6,705
|
EUSTIS AND AMERICAN MORTGAGE COMPANY
|
1
|
6.75%
|
$10,622
|
Regions Bank
|
1
|
6.00%
|
$15,976
|
Republic Bank & Trust Company
|
1
|
5.75%
|
$2,900
|
RESIDENTIAL WHOLESALE MORTGAGE, INC.
|
1
|
7.13%
|
$8,481
|
RiverHills Bank
|
1
|
6.75%
|
$2,481
|
EQUITY RESOURCES, INC.
|
1
|
6.75%
|
$14,253
|
SOUTHWEST FUNDING, LP
|
1
|
6.75%
|
$1,683
|
The top Dayton VA lender as defined by loan originations is Mortgage Research Center, LLC, with
408 VA loans originated. Their average total fees are
$6,250, which is $1,407
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Dayton VA lenders (with over 10 loans originated) are
MORTGAGE SOLUTIONS OF COLORADO, LLC ($3,038), PLANET HOME LENDING, LLC ($4,402), GUARANTEED RATE, INC. ($4,545), Fifth Third Bank ($4,906) and NAVY FEDERAL CREDIT UNION ($5,211).
The lowest rate Dayton VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.01%), PLANET HOME LENDING, LLC (5.51%), VANDERBILT MORTGAGE AND FINANCE, INC. (5.57%), PENNYMAC LOAN SERVICES, LLC (5.57%) and M/I FINANCIAL, LLC (5.67%).
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.