Youngstown VA Loan Rates, Closing Costs & Stats
YOUNGSTOWN-WARREN-BOARDMAN, OH-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.
Youngstown's 76 lenders originated 625 VA
loans during 2024. The total origination value was $142,625,000, with an average VA loan value of
$228,200.
Youngstown VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Youngstown
averaged
0.77%
for the week of 2025-07-04, compared to the national average (all VA variants) of
0% for the same period.
Youngstown's average VA mortgage closing costs are $5,185.
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 7.23%.
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 0.9%.
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.
Youngstown 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 Youngstown level.
Name |
# of Loans |
2024 Avg. 30yFix Rate |
2024 Avg. Closing Costs |
Mortgage Research Center, LLC
|
169
|
6.48%
|
$4,349
|
UNITED WHOLESALE MORTGAGE, LLC
|
48
|
6.03%
|
$7,573
|
Ixonia Bank
|
45
|
6.88%
|
$7,695
|
QUICKEN LOANS, LLC
|
43
|
6.32%
|
$8,964
|
CROSSCOUNTRY MORTGAGE, LLC
|
28
|
6.45%
|
$5,618
|
FREEDOM MORTGAGE CORPORATION
|
22
|
6.24%
|
$5,904
|
NEW DAY FINANCIAL, LLC
|
21
|
7.64%
|
$8,914
|
USAA Federal Savings Bank
|
19
|
6.51%
|
$5,229
|
VILLAGE CAPITAL MORTGAGE
|
18
|
5.83%
|
$5,030
|
PENNYMAC LOAN SERVICES, LLC
|
16
|
5.66%
|
$6,121
|
NAVY FEDERAL CREDIT UNION
|
12
|
6.08%
|
$6,115
|
WEST PENN FINANCIAL SERVICE CENTER, INC.
|
11
|
6.58%
|
$8,214
|
LOANDEPOT.COM, LLC
|
9
|
6.38%
|
$9,659
|
PLANET HOME LENDING, LLC
|
7
|
5.96%
|
$3,086
|
NEWREZ LLC
|
7
|
6.59%
|
$7,232
|
Barrington Bank & Trust Company, N.A.
|
7
|
6.52%
|
$6,620
|
The Huntington National Bank
|
6
|
6.73%
|
$3,662
|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
|
6
|
6.02%
|
$3,201
|
Flagstar Bank, FSB
|
5
|
6.25%
|
$7,090
|
The Federal Savings Bank
|
5
|
6.38%
|
$12,847
|
Equity Prime Mortgage LLC
|
5
|
7.03%
|
$4,712
|
LIBERTY HOME MORTGAGE CORPORATION
|
4
|
6.84%
|
$4,836
|
The Farmers National Bank of Canfield
|
4
|
6.28%
|
$4,136
|
MORTGAGE SOLUTIONS OF COLORADO, LLC
|
4
|
6.81%
|
$4,821
|
First Commonwealth Bank
|
4
|
6.06%
|
$5,231
|
RUOFF MORTGAGE COMPANY, INC.
|
3
|
6.88%
|
$1,855
|
UNION HOME MORTGAGE CORP.
|
3
|
6.67%
|
$4,984
|
LAKEVIEW LOAN SERVICING, LLC
|
3
|
5.92%
|
$7,546
|
HOWARD HANNA FINANCIAL SERVICES, INC.
|
3
|
6.13%
|
$12,298
|
RELIANCE FIRST CAPITAL, LLC
|
3
|
6.71%
|
$10,198
|
Alcova Mortgage LLC
|
3
|
6.63%
|
$4,666
|
Carrington Mortgage Services, LLC
|
3
|
6.46%
|
$7,708
|
MUTUAL OF OMAHA MORTGAGE, INC.
|
3
|
6.42%
|
$8,229
|
EMM LOANS LLC
|
2
|
6.44%
|
$8,500
|
RAPID MORTGAGE COMPANY
|
2
|
7.13%
|
$8,857
|
PLAZA HOME MORTGAGE, INC.
|
2
|
6.31%
|
$13,015
|
HOMEBRIDGE FINANCIAL SERVICES, INC.
|
2
|
6.38%
|
$3,355
|
JPMorgan Chase Bank
|
2
|
5.87%
|
$1,191
|
GUARANTEED RATE, INC.
|
2
|
6.13%
|
$780
|
EQUITY RESOURCES, INC.
|
2
|
7.19%
|
$5,303
|
NATIONWIDE MORTGAGE BANKERS, INC.
|
2
|
7.25%
|
$9,372
|
AFFORDABLE MORTGAGE ADVISORS, LLC.
|
2
|
6.38%
|
$8,548
|
GSF Mortgage Corporation
|
2
|
7.25%
|
$9,237
|
SUN WEST MORTGAGE COMPANY, INC.
|
2
|
7.06%
|
$11,415
|
NATIONS RELIABLE LENDING, LLC
|
1
|
5.75%
|
$6,066
|
AMERICAN FINANCIAL RESOURCES, INC.
|
1
|
6.25%
|
$5,975
|
AmeriHome Mortgage Company, LLC
|
1
|
6.13%
|
$6,176
|
ARK-LA-TEX FINANCIAL SERVICES, LLC.
|
1
|
7.13%
|
$6,344
|
BROKER SOLUTIONS, INC.
|
1
|
7.25%
|
$11,476
|
CLEARPATH LENDING
|
1
|
5.75%
|
$2,764
|
CMG MORTGAGE, INC.
|
1
|
5.00%
|
$2,193
|
Credence Funding Corporation
|
1
|
5.88%
|
$4,782
|
ENVOY MORTGAGE, LTD
|
1
|
6.13%
|
$9,370
|
First National Bank of Pennsylvania
|
1
|
5.63%
|
$10,053
|
First National Bank Texas
|
1
|
5.88%
|
$621
|
GUARANTEED RATE AFFINITY, LLC
|
1
|
6.25%
|
$7,333
|
HOMESTEAD FUNDING CORP.
|
1
|
6.13%
|
$250
|
Integrity Home Mortgage Corp
|
1
|
6.63%
|
$22,642
|
LOANPAL, LLC
|
1
|
5.63%
|
$8,560
|
Magnolia Bank
|
1
|
6.50%
|
$8,547
|
MICHIGAN MUTUAL, INC.
|
1
|
5.88%
|
$17,489
|
MID AMERICA MORTGAGE, INC.
|
1
|
5.50%
|
$4,664
|
Mid-Continent Funding, Inc.
|
1
|
5.50%
|
$6,249
|
MILEND, INC.
|
1
|
6.75%
|
$16,847
|
MOVEMENT MORTGAGE, LLC
|
1
|
6.75%
|
$4,831
|
Mr. Cooper ( Nationstar Mortgage )
|
1
|
5.75%
|
$27,152
|
Nations Lending Corporation
|
1
|
6.25%
|
$4,877
|
ABSOLUTE HOME MORTGAGE CORPORATION
|
1
|
6.63%
|
$3,507
|
PENTAGON FEDERAL CREDIT UNION
|
1
|
5.88%
|
$10,673
|
PHH Mortgage Corporation
|
1
|
5.49%
|
$6,720
|
Plains Commerce Bank
|
1
|
7.25%
|
$2,311
|
PRIMELENDING, A PLAINSCAPITAL COMPANY
|
1
|
6.25%
|
$7,388
|
ROYAL UNITED MORTGAGE LLC
|
1
|
7.25%
|
$13,027
|
Seven Seventeen Credit Union
|
1
|
7.25%
|
$16,611
|
TOTAL MORTGAGE SERVICES, LLC
|
1
|
6.75%
|
$2,897
|
Wells Fargo Bank
|
1
|
5.75%
|
$1,091
|
The top Youngstown VA lender as defined by loan originations is Mortgage Research Center, LLC, with
169 VA loans originated. Their average total fees are
$4,349, which is $3,224
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Youngstown VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($4,349), VILLAGE CAPITAL MORTGAGE ($5,030), USAA Federal Savings Bank ($5,229), CROSSCOUNTRY MORTGAGE, LLC ($5,618) and FREEDOM MORTGAGE CORPORATION ($5,904).
The lowest rate Youngstown VA lenders (with over 10 loans originated) are
PENNYMAC LOAN SERVICES, LLC (5.66%), VILLAGE CAPITAL MORTGAGE (5.83%), UNITED WHOLESALE MORTGAGE, LLC (6.03%), NAVY FEDERAL CREDIT UNION (6.08%) and FREEDOM MORTGAGE CORPORATION (6.24%).
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.