Johnstown VA Loan Rates, Closing Costs & Stats

JOHNSTOWN, PA

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.

Johnstown's 18 lenders originated 84 VA loans during 2024. The total origination value was $15,540,000, with an average VA loan value of $185,000.

Johnstown VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Johnstown averaged 0.63% for the week of 2025-07-04, compared to the national average (all VA variants) of 0% for the same period.

Johnstown's average VA mortgage closing costs are $4,608.

The average rate for the prior week (2025-06-27) was 6.86% and one month ago for the week of 2025-05-30, the average rate was 7.09%.

The average rate one year ago was 6.7%.

For refis of the same type during the week of 2025-07-04, the average rate was -0.1%.

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

Johnstown 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 Johnstown level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Mortgage Research Center, LLC 22 6.70% $3,234
NEW DAY FINANCIAL, LLC 10 7.70% $9,934
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.28% $8,291
FREEDOM MORTGAGE CORPORATION 5 6.23% $3,494
QUICKEN LOANS, LLC 5 6.20% $7,441
First National Bank of Pennsylvania 4 6.16% $9,843
NAVY FEDERAL CREDIT UNION 4 6.03% $3,210
First Commonwealth Bank 4 5.53% $7,643
UNITED WHOLESALE MORTGAGE, LLC 3 6.12% $8,728
Flagstar Bank, FSB 3 6.21% $9,536
Barrington Bank & Trust Company, N.A. 3 6.75% $5,054
USAA Federal Savings Bank 2 6.63% $6,549
PENNYMAC LOAN SERVICES, LLC 2 5.88% $4,921
U.S. Bank 1 6.63% $22,019
CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $1,324
LOANDEPOT.COM, LLC 1 5.99% $8,355
RADIUS FINANCIAL GROUP INC. 1 7.25% $9,047
AMERICAN FINANCING CORPORATION 1 7.25% $7,158

The top Johnstown VA lender as defined by loan originations is Mortgage Research Center, LLC, with 22 VA loans originated. Their average total fees are $3,234, which is $6,700 lower than the next largest lender, NEW DAY FINANCIAL, LLC.

The lowest fee Johnstown VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,234), NEW DAY FINANCIAL, LLC ($9,934), .

The lowest rate Johnstown VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.70%), NEW DAY FINANCIAL, LLC (7.70%), .

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.