Youngstown VA Loan Rates, Closing Costs & Stats

YOUNGSTOWN-WARREN-BOARDMAN, OH-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.

    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.