East Stroudsburg VA Loan Rates, Closing Costs & Stats

EAST STROUDSBURG, PA

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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.

    East Stroudsburg's 51 lenders originated 243 VA loans during 2024. The total origination value was $78,055,000, with an average VA loan value of $321,214.

    East Stroudsburg VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in East Stroudsburg averaged 0.57% for the week of 2025-06-20, compared to the national average (all VA variants) of 0% for the same period.

    East Stroudsburg's average VA mortgage closing costs are $7,247.

    The average rate for the prior week (2025-06-13) was 7.22% and one month ago for the week of 2025-05-16, the average rate was 6.98%.

    The average rate one year ago was 7.07%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.01%.

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

    East Stroudsburg 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 East Stroudsburg level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 50 6.34% $7,954
    UNITED WHOLESALE MORTGAGE, LLC 27 5.90% $10,800
    QUICKEN LOANS, LLC 22 6.16% $11,362
    FREEDOM MORTGAGE CORPORATION 15 6.22% $10,430
    NEW DAY FINANCIAL, LLC 13 7.35% $11,717
    USAA Federal Savings Bank 8 6.30% $4,721
    NAVY FEDERAL CREDIT UNION 7 6.27% $7,931
    VILLAGE CAPITAL MORTGAGE 7 5.39% $6,361
    NEWREZ LLC 6 6.27% $8,859
    PENNYMAC LOAN SERVICES, LLC 6 5.52% $9,698
    The Federal Savings Bank 5 6.25% $23,585
    Ixonia Bank 4 6.66% $16,519
    CROSSCOUNTRY MORTGAGE, LLC 4 6.78% $16,061
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.04% $3,996
    BROKER SOLUTIONS, INC. 3 6.50% $14,942
    MOVEMENT MORTGAGE, LLC 3 6.04% $9,734
    LOANDEPOT.COM, LLC 3 6.71% $6,002
    Barrington Bank & Trust Company, N.A. 3 6.25% $8,795
    Prosperity Home Mortgage, LLC 3 6.25% $9,927
    Century Mortgage Company DBA Century Lending Company 2 6.81% $10,264
    CARDINAL FINANCIAL 2 7.00% $18,698
    Carrington Mortgage Services, LLC 2 5.38% $17,351
    Acre Mortgage and Financial Inc 2 7.00% $11,740
    HOMESIDE FINANCIAL, LLC 2 6.50% $7,262
    Mid-Continent Funding, Inc. 2 6.69% $8,269
    Mr. Cooper ( Nationstar Mortgage ) 2 6.00% $9,834
    NBKC BANK 2 6.25% $8,360
    U.S. Bank 1 6.25% $5,043
    M&T Bank 1 6.50% $23,081
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.38% $8,393
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $1,357
    AMERICAN FINANCIAL NETWORK, INC. 1 5.75% $9,517
    LADERA LENDING, INC. 1 5.88% $13,171
    JPMorgan Chase Bank 1 7.00% $7,542
    NORWICH COMMERCIAL GROUP, INC. 1 5.25% $5,761
    Old National Bank 1 5.88% $9,235
    PANORAMA MORTGAGE GROUP, LLC 1 6.75% $6,014
    Paramount Residential Mortgage Group, Inc. 1 5.75% $13,649
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $2,286
    GUARANTEED RATE, INC. 1 5.65% $8,324
    Equity Prime Mortgage LLC 1 6.13% $6,656
    ROYAL UNITED MORTGAGE LLC 1 7.25% $14,595
    SUN WEST MORTGAGE COMPANY, INC. 1 5.25% $1,577
    SWBC MORTGAGE CORPORATION 1 5.50% $4,034
    EMM LOANS LLC 1 5.75% $20,252
    Truist 1 6.60% $5,309
    UNION HOME MORTGAGE CORP. 1 6.63% $11,128
    DELMAR FINANCIAL COMPANY 1 6.25% $7,161
    CMG MORTGAGE, INC. 1 6.13% $26,692
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $1,041
    MICHIGAN MUTUAL, INC. 1 7.00% $11,859

    The top East Stroudsburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 50 VA loans originated. Their average total fees are $7,954, which is $2,846 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee East Stroudsburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,954), FREEDOM MORTGAGE CORPORATION ($10,430), UNITED WHOLESALE MORTGAGE, LLC ($10,800), QUICKEN LOANS, LLC ($11,362) and NEW DAY FINANCIAL, LLC ($11,717).

    The lowest rate East Stroudsburg VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.90%), QUICKEN LOANS, LLC (6.16%), FREEDOM MORTGAGE CORPORATION (6.22%), Mortgage Research Center, LLC (6.34%) and NEW DAY FINANCIAL, LLC (7.35%).

    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.