Dayton VA Loan Rates, Closing Costs & Stats

DAYTON-KETTERING, OH

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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.

    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 6.88% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Dayton's average VA mortgage closing costs are $5,960.

    The average rate for the prior week (2025-05-16) was 7.07% and one month ago for the week of 2025-04-18, the average rate was 7.04%.

    The average rate one year ago was 6.96%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.83%.

    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%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Dayton (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 $127,900 (11.3%) $184,514 (9.6%) 0.47 2,363
    2018-02-01 $132,398 (15.2%) $190,297 (12.7%) 0.48 2,205
    2018-03-01 $139,500 (21.4%) $197,479 (14.0%) 0.48 2,099
    2018-04-01 $139,900 (16.7%) $198,972 (9.1%) 0.47 2,095
    2018-05-01 $144,950 (17.6%) $207,840 (13.2%) 0.48 2,130
    2018-06-01 $154,900 (22.5%) $213,319 (13.7%) 0.52 2,311
    2018-07-01 $159,450 (11.9%) $216,067 (9.9%) 0.53 2,435
    2018-08-01 $157,750 (12.3%) $214,234 (8.9%) 0.53 2,606
    2018-09-01 $149,900 (7.2%) $206,009 (4.8%) 0.50 2,783
    2018-10-01 $147,450 (2.2%) $202,919 (3.4%) 0.49 2,876
    2018-11-01 $148,700 (8.2%) $201,445 (3.9%) 0.50 2,823
    2018-12-01 $146,900 (13.1%) $197,932 (6.3%) 0.50 2,633
    2019-01-01 $145,500 (13.8%) $197,165 (6.9%) 0.50 2,235
    2019-02-01 $146,450 (10.6%) $204,554 (7.5%) 0.49 2,024
    2019-03-01 $151,429 (8.6%) $206,206 (4.4%) 0.49 2,230
    2019-04-01 $154,950 (10.8%) $205,434 (3.3%) 0.49 2,513
    2019-05-01 $158,925 (9.6%) $208,411 (0.3%) 0.49 2,527
    2019-06-01 $165,000 (6.5%) $220,231 (3.2%) 0.51 2,022
    2019-07-01 $175,950 (10.4%) $225,261 (4.3%) 0.55 2,169
    2019-08-01 $174,000 (10.3%) $228,771 (6.8%) 0.55 2,141
    2019-09-01 $169,950 (13.4%) $229,739 (11.5%) 0.54 2,126
    2019-10-01 $171,445 (16.3%) $228,540 (12.6%) 0.55 2,242
    2019-11-01 $169,000 (13.7%) $226,391 (12.4%) 0.55 2,174
    2019-12-01 $162,200 (10.4%) $224,889 (13.6%) 0.54 1,908
    2020-01-01 $161,450 (11.0%) $223,184 (13.2%) 0.54 1,677
    2020-02-01 $169,900 (16.0%) $228,584 (11.8%) 0.55 1,442
    2020-03-01 $187,400 (23.8%) $242,074 (17.4%) 0.59 1,496
    2020-04-01 $192,325 (24.1%) $241,444 (17.5%) 0.60 1,423
    2020-05-01 $198,000 (24.6%) $252,227 (21.0%) 0.60 1,271
    2020-06-01 $207,445 (25.7%) $254,780 (15.7%) 0.61 1,157
    2020-07-01 $200,950 (14.2%) $253,519 (12.5%) 0.58 1,137
    2020-08-01 $199,900 (14.9%) $254,779 (11.4%) 0.57 1,141
    2020-09-01 $209,900 (23.5%) $258,208 (12.4%) 0.60 1,183
    2020-10-01 $199,969 (16.6%) $257,858 (12.8%) 0.57 1,227
    2020-11-01 $189,950 (12.4%) $252,261 (11.4%) 0.54 1,205
    2020-12-01 $185,450 (14.3%) $249,327 (10.9%) 0.54 1,062
    2021-01-01 $194,900 (20.7%) $247,295 (10.8%) 0.57 831
    2021-02-01 $195,000 (14.8%) $264,451 (15.7%) 0.56 601
    2021-03-01 $182,400 (-2.7%) $272,152 (12.4%) 0.51 609
    2021-04-01 $183,900 (-4.4%) $276,076 (14.3%) 0.49 600
    2021-05-01 $195,000 (-1.5%) $285,115 (13.0%) 0.51 632
    2021-06-01 $199,500 (-3.8%) $282,182 (10.8%) 0.52 801
    2021-07-01 $212,900 (6.0%) $287,155 (13.3%) 0.55 934
    2021-08-01 $214,950 (7.5%) $288,253 (13.1%) 0.57 1,135
    2021-09-01 $207,400 (-1.2%) $287,809 (11.5%) 0.55 1,149
    2021-10-01 $199,000 (-0.5%) $268,495 (4.1%) 0.52 1,147
    2021-11-01 $189,000 (-0.5%) $269,152 (6.7%) 0.50 998
    2021-12-01 $188,700 (1.8%) $272,894 (9.5%) 0.50 905
    2022-01-01 $180,000 (-7.6%) $269,908 (9.1%) 0.48 699
    2022-02-01 $197,450 (1.3%) $286,116 (8.2%) 0.50 506
    2022-03-01 $214,900 (17.8%) $294,997 (8.4%) 0.53 532
    2022-04-01 $214,900 (16.9%) $274,174 (-0.7%) 0.51 742
    2022-05-01 $217,450 (11.5%) $290,618 (1.9%) 0.49 929
    2022-06-01 $227,450 (14.0%) $298,630 (5.8%) 0.51 1,081
    2022-07-01 $227,500 (6.9%) $292,982 (2.0%) 0.51 1,260
    2022-08-01 $227,000 (5.6%) $288,637 (0.1%) 0.52 1,310
    Dayton's median listing price for 2022-08-01 was $227,000, a difference of $12,050 (5.6%) versus the prior year and $-500 versus the prior month.

    Dayton's median listing price comes in at 52% of the national average.

    Dayton's average listing price for 2022-08-01 was $288,637, a difference of $384 (0.1%) versus the prior year and $-4,345 versus the prior month.

    For the 2022-08-01 period, Dayton had 1,310 MLS listings, a difference of 50 listings (4%) versus the prior month and 175 listings (15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Dayton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 76 days 1,493 sqft
    2018-02-01 68 days 1,535 sqft
    2018-03-01 50 days 1,635 sqft
    2018-04-01 45 days 1,640 sqft
    2018-05-01 42 days 1,666 sqft
    2018-06-01 44 days 1,680 sqft
    2018-07-01 44 days 1,713 sqft
    2018-08-01 46 days 1,708 sqft
    2018-09-01 49 days 1,664 sqft
    2018-10-01 52 days 1,644 sqft
    2018-11-01 56 days 1,639 sqft
    2018-12-01 65 days 1,602 sqft
    2019-01-01 74 days 1,598 sqft
    2019-02-01 72 days 1,588 sqft
    2019-03-01 53 days 1,630 sqft
    2019-04-01 41 days 1,664 sqft
    2019-05-01 37 days 1,668 sqft
    2019-06-01 39 days 1,705 sqft
    2019-07-01 41 days 1,768 sqft
    2019-08-01 46 days 1,749 sqft
    2019-09-01 49 days 1,717 sqft
    2019-10-01 46 days 1,693 sqft
    2019-11-01 52 days 1,680 sqft
    2019-12-01 61 days 1,668 sqft
    2020-01-01 65 days 1,631 sqft
    2020-02-01 56 days 1,637 sqft
    2020-03-01 40 days 1,694 sqft
    2020-04-01 47 days 1,701 sqft
    2020-05-01 60 days 1,730 sqft
    2020-06-01 50 days 1,777 sqft
    2020-07-01 40 days 1,765 sqft
    2020-08-01 35 days 1,762 sqft
    2020-09-01 36 days 1,776 sqft
    2020-10-01 33 days 1,762 sqft
    2020-11-01 38 days 1,704 sqft
    2020-12-01 50 days 1,655 sqft
    2021-01-01 58 days 1,568 sqft
    2021-02-01 54 days 1,541 sqft
    2021-03-01 37 days 1,524 sqft
    2021-04-01 32 days 1,569 sqft
    2021-05-01 28 days 1,516 sqft
    2021-06-01 24 days 1,607 sqft
    2021-07-01 24 days 1,691 sqft
    2021-08-01 25 days 1,622 sqft
    2021-09-01 31 days 1,574 sqft
    2021-10-01 35 days 1,559 sqft
    2021-11-01 40 days 1,533 sqft
    2021-12-01 43 days 1,488 sqft
    2022-01-01 49 days 1,448 sqft
    2022-02-01 46 days 1,499 sqft
    2022-03-01 28 days 1,580 sqft
    2022-04-01 28 days 1,510 sqft
    2022-05-01 29 days 1,557 sqft
    2022-06-01 27 days 1,613 sqft
    2022-07-01 30 days 1,624 sqft
    2022-08-01 36 days 1,665 sqft
    Dayton's median listing age (time on market) for 2022-08-01 was 36 days. This is 47% longer than the same period one year ago.

    Dayton's median square footage for active listings during the 2022-08-01 period was 1,665 sqft. One year prior, the average listing was 1,622 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.