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.