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 72 lenders originated 441 VA loans during 2023. The total origination value was $92,785,000, with an average VA loan value of $210,397.

    Youngstown VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Youngstown averaged 6.7% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Youngstown's average VA mortgage closing costs are $5,006.

    The average rate for the prior week (2025-02-07) was 6.73% and one month ago for the week of 2025-01-10, the average rate was 6.67%.

    The average rate one year ago was 6.59%.

    For refis of the same type during the week of 2025-02-14, the average rate was 7.39%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 114 6.80% $4,772
    QUICKEN LOANS, LLC 34 6.52% $9,765
    Ixonia Bank 30 7.22% $6,605
    UNITED WHOLESALE MORTGAGE, LLC 25 6.47% $6,829
    CROSSCOUNTRY MORTGAGE, LLC 21 7.15% $5,221
    NAVY FEDERAL CREDIT UNION 16 5.84% $4,200
    NEW DAY FINANCIAL, LLC 14 7.81% $10,339
    WEST PENN FINANCIAL SERVICE CENTER, INC. 10 6.46% $8,237
    USAA Federal Savings Bank 9 6.39% $7,078
    PENNYMAC LOAN SERVICES, LLC 7 5.36% $5,223
    FREEDOM MORTGAGE CORPORATION 7 6.70% $9,386
    The Huntington National Bank 6 6.46% $5,112
    The Federal Savings Bank 6 6.21% $13,719
    Seven Seventeen Credit Union 6 7.17% $21,689
    HOWARD HANNA FINANCIAL SERVICES, INC. 6 6.31% $6,502
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.52% $7,245
    VILLAGE CAPITAL MORTGAGE 5 5.95% $6,257
    RUOFF MORTGAGE COMPANY, INC. 5 6.73% $1,940
    Barrington Bank & Trust Company, N.A. 4 5.94% $10,690
    UNION HOME MORTGAGE CORP. 4 6.72% $4,375
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 7.00% $7,066
    NEWREZ LLC 3 6.58% $9,387
    LIBERTY HOME MORTGAGE CORPORATION 3 7.25% $5,677
    LOANDEPOT.COM, LLC 3 6.46% $16,050
    RAPID MORTGAGE COMPANY 3 6.79% $12,451
    PNC Bank 3 6.58% $8,342
    LOANPAL, LLC 3 6.41% $6,614
    The Farmers National Bank of Canfield 2 5.69% $9,637
    AMERISAVE MORTGAGE CORPORATION 2 5.81% $11,840
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.88% $3,132
    CARDINAL FINANCIAL 2 6.13% $4,295
    Citizens Bank 2 6.13% $4,925
    CONTOUR MORTGAGE CORPORATION 2 6.25% $12,162
    EMM LOANS LLC 2 6.19% $10,646
    Equity Prime Mortgage LLC 2 6.25% $6,018
    Flagstar Bank, FSB 2 6.19% $3,007
    JPMorgan Chase Bank 2 6.69% $4,349
    MICHIGAN MUTUAL, INC. 2 7.81% $3,094
    Mr. Cooper ( Nationstar Mortgage ) 2 6.00% $8,950
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.50% $22,081
    Nations Lending Corporation 2 7.63% $10,580
    PLANET HOME LENDING, LLC 2 6.44% $12,964
    AFFORDABLE MORTGAGE ADVISORS, LLC. 2 7.00% $6,461
    MOVEMENT MORTGAGE, LLC 1 6.75% $6,868
    Ameris Bank 1 6.25% $4,487
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.75% $8,481
    U.S. Bank 1 5.75% $8,177
    GUILD MORTGAGE COMPANY 1 6.63% $16,977
    GUARANTEED RATE, INC. 1 6.75% $625
    GSF Mortgage Corporation 1 6.63% $7,493
    North American Savings Bank, F.S.B. 1 5.13% $4,891
    Paramount Residential Mortgage Group, Inc. 1 6.75% $6,230
    GARDNER FINANCIAL SERVICES, LTD. 1 7.13% $27,850
    PENTAGON FEDERAL CREDIT UNION 1 5.63% $7,549
    American Midwest Mortgage Corporation 1 7.50% $3,293
    First Federal Bank 1 7.13% $7,756
    FIRST COMMUNITY MORTGAGE, INC. 1 6.63% $8,280
    First Commonwealth Bank 1 5.63% $4,842
    EQUITY RESOURCES, INC. 1 6.50% $5,008
    Cornerstone First Mortgage, Inc 1 7.25% $7,443
    STOCKTON MORTGAGE CORPORATION 1 6.25% $6,708
    T2 FINANCIAL LLC 1 5.75% $5,852
    AMERICAN FINANCIAL NETWORK, INC. 1 5.75% $10,221
    CMG MORTGAGE, INC. 1 5.75% $10,755
    CHURCHILL MORTGAGE CORPORATION 1 7.63% $5,576
    BROKER SOLUTIONS, INC. 1 7.13% $4,702
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $6,002
    Union Savings Bank 1 6.63% $3,481
    Mid-Continent Funding, Inc. 1 6.75% $4,917
    MORIA DEVELOPMENT, INC. 1 5.25% $2,011
    HOMESIDE FINANCIAL, LLC 1 6.75% $5,815
    HomePromise Corporation 1 8.00% $791

    The top Youngstown VA lender as defined by loan originations is Mortgage Research Center, LLC, with 114 VA loans originated. Their average total fees are $4,772, which is $4,993 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Youngstown VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($4,200), Mortgage Research Center, LLC ($4,772), CROSSCOUNTRY MORTGAGE, LLC ($5,221), Ixonia Bank ($6,605) and UNITED WHOLESALE MORTGAGE, LLC ($6,829).

    The lowest rate Youngstown VA lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (5.84%), WEST PENN FINANCIAL SERVICE CENTER, INC. (6.46%), UNITED WHOLESALE MORTGAGE, LLC (6.47%), QUICKEN LOANS, LLC (6.52%) and Mortgage Research Center, LLC (6.80%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Youngstown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $98,925 (10.4%) $141,876 (6.8%) 0.39 1,443
    2018-02-01 $95,950 (6.7%) $141,417 (4.1%) 0.37 1,397
    2018-03-01 $99,900 (5.3%) $147,343 (8.0%) 0.39 1,348
    2018-04-01 $105,700 (14.3%) $147,521 (8.7%) 0.38 1,292
    2018-05-01 $110,000 (14.7%) $153,274 (9.2%) 0.40 1,276
    2018-06-01 $109,900 (12.8%) $151,886 (7.1%) 0.40 1,309
    2018-07-01 $109,950 (10.1%) $150,637 (7.5%) 0.39 1,432
    2018-08-01 $115,075 (17.1%) $154,342 (11.4%) 0.40 1,469
    2018-09-01 $115,000 (15.0%) $154,936 (10.0%) 0.40 1,483
    2018-10-01 $115,450 (15.6%) $154,952 (9.5%) 0.41 1,501
    2018-11-01 $114,950 (9.5%) $154,231 (7.1%) 0.41 1,464
    2018-12-01 $114,900 (15.0%) $152,418 (7.3%) 0.41 1,341
    2019-01-01 $117,975 (19.3%) $153,021 (7.9%) 0.41 1,281
    2019-02-01 $118,950 (24.0%) $153,952 (8.9%) 0.41 1,220
    2019-03-01 $120,457 (20.6%) $161,944 (9.9%) 0.40 1,202
    2019-04-01 $120,257 (13.8%) $167,338 (13.4%) 0.39 1,217
    2019-05-01 $119,900 (9.0%) $168,860 (10.2%) 0.39 1,180
    2019-06-01 $125,000 (13.7%) $173,830 (14.5%) 0.40 1,243
    2019-07-01 $127,900 (16.3%) $174,678 (16.0%) 0.41 1,295
    2019-08-01 $125,700 (9.2%) $171,753 (11.3%) 0.41 1,331
    2019-09-01 $125,250 (8.9%) $169,609 (9.5%) 0.41 1,361
    2019-10-01 $124,900 (8.2%) $168,856 (9.0%) 0.41 1,379
    2019-11-01 $119,500 (4.0%) $166,576 (8.0%) 0.40 1,336
    2019-12-01 $115,000 (0.1%) $163,448 (7.2%) 0.40 1,261
    2020-01-01 $114,975 (-2.5%) $163,256 (6.7%) 0.40 1,158
    2020-02-01 $115,000 (-3.3%) $162,012 (5.2%) 0.39 1,035
    2020-03-01 $119,225 (-1.0%) $166,236 (2.7%) 0.38 917
    2020-04-01 $118,750 (-1.3%) $168,363 (0.6%) 0.37 864
    2020-05-01 $125,000 (4.3%) $176,551 (4.6%) 0.38 763
    2020-06-01 $129,900 (3.9%) $185,475 (6.7%) 0.38 694
    2020-07-01 $129,825 (1.5%) $187,992 (7.6%) 0.38 649
    2020-08-01 $134,325 (6.9%) $188,498 (9.8%) 0.39 636
    2020-09-01 $133,013 (6.2%) $190,972 (12.6%) 0.39 584
    2020-10-01 $134,900 (8.0%) $191,671 (13.5%) 0.39 613
    2020-11-01 $132,950 (11.3%) $187,254 (12.4%) 0.40 607
    2020-12-01 $134,925 (17.3%) $191,987 (17.5%) 0.40 565
    2021-01-01 $134,900 (17.3%) $192,372 (17.8%) 0.39 465
    2021-02-01 $133,200 (15.8%) $195,472 (20.7%) 0.38 380
    2021-03-01 $137,250 (15.1%) $190,042 (14.3%) 0.37 353
    2021-04-01 $134,975 (13.7%) $193,594 (15.0%) 0.35 330
    2021-05-01 $139,900 (11.9%) $205,725 (16.5%) 0.37 377
    2021-06-01 $134,975 (3.9%) $193,111 (4.1%) 0.36 464
    2021-07-01 $138,750 (6.9%) $190,235 (1.2%) 0.37 562
    2021-08-01 $131,200 (-2.3%) $186,530 (-1.0%) 0.35 617
    2021-09-01 $129,900 (-2.3%) $182,637 (-4.4%) 0.35 624
    2021-10-01 $129,900 (-3.7%) $183,125 (-4.5%) 0.35 619
    2021-11-01 $125,600 (-5.5%) $176,834 (-5.6%) 0.35 601
    2021-12-01 $124,950 (-7.4%) $178,622 (-7.0%) 0.34 524
    2022-01-01 $119,900 (-11.1%) $172,447 (-10.4%) 0.32 449
    2022-02-01 $118,500 (-11.0%) $173,056 (-11.5%) 0.31 361
    2022-03-01 $125,000 (-8.9%) $181,875 (-4.3%) 0.32 322
    2022-04-01 $129,900 (-3.8%) $192,847 (-0.4%) 0.31 351
    2022-05-01 $133,425 (-4.6%) $191,903 (-6.7%) 0.31 426
    2022-06-01 $148,375 (9.9%) $205,633 (6.5%) 0.33 513
    2022-07-01 $149,900 (8.0%) $210,760 (10.8%) 0.33 580
    2022-08-01 $149,900 (14.3%) $209,038 (12.1%) 0.35 636
    2022-09-01 $142,450 (9.7%) $205,167 (12.3%) 0.35 669
    2022-10-01 $144,950 (11.6%) $200,487 (9.5%) 0.35 663
    2022-11-01 $150,000 (19.4%) $203,791 (15.2%) 0.36 636
    2022-12-01 $149,500 (19.7%) $201,033 (12.6%) 0.37 595
    2023-01-01 $149,900 (25.0%) $202,215 (17.3%) 0.37 500
    2023-02-01 $157,250 (32.7%) $204,280 (18.0%) 0.36 430
    2023-03-01 $164,950 (32.0%) $221,678 (21.9%) 0.38 420
    2023-04-01 $162,000 (24.7%) $228,902 (18.7%) 0.37 392
    2023-05-01 $165,200 (23.8%) $236,266 (23.1%) 0.37 390
    2023-06-01 $174,900 (17.9%) $240,443 (16.9%) 0.38 420
    2023-07-01 $175,000 (16.7%) $245,434 (16.5%) 0.39 456
    2023-08-01 $185,075 (23.5%) $246,210 (17.8%) 0.41 510
    2023-09-01 $178,500 (25.3%) $238,733 (16.4%) 0.40 618
    2023-10-01 $172,450 (19.0%) $233,773 (16.6%) 0.40 693
    2023-11-01 $169,900 (13.3%) $226,386 (11.1%) 0.39 689
    2023-12-01 $164,500 (10.0%) $224,116 (11.5%) 0.39 676
    2024-01-01 $169,900 (13.3%) $228,572 (13.0%) 0.40 617
    2024-02-01 $167,000 (6.2%) $228,991 (12.1%) 0.38 560
    2024-03-01 $179,900 (9.1%) $242,046 (9.2%) 0.41 518
    2024-04-01 $179,950 (11.1%) $250,101 (9.3%) 0.42 487
    2024-05-01 $191,950 (16.2%) $260,305 (10.2%) 0.42 507
    2024-06-01 $190,000 (8.6%) $253,217 (5.3%) 0.43 577
    2024-07-01 $197,475 (12.8%) $253,216 (3.2%) 0.43 602
    2024-08-01 $199,527 (7.8%) $250,999 (2.0%) 0.44 688
    2024-09-01 $209,125 (17.2%) $254,916 (6.8%) 0.45 752
    2024-10-01 $192,600 (11.7%) $254,030 (8.7%) 0.44 776
    2024-11-01 $192,700 (13.4%) $251,462 (11.1%) 0.44 822
    2024-12-01 $185,000 (12.5%) $242,052 (8.0%) 0.45 780
    2025-01-01 $179,450 (5.6%) $237,693 (4.0%) 0.00 724
    Youngstown's median listing price for 2025-01-01 was $179,450, a difference of $9,550 (5.6%) versus the prior year and $-5,550 versus the prior month.

    Youngstown's median listing price comes in at 0% of the national average.

    Youngstown's average listing price for 2025-01-01 was $237,693, a difference of $9,121 (4.0%) versus the prior year and $-4,359 versus the prior month.

    For the 2025-01-01 period, Youngstown had 724 MLS listings, a difference of -56 listings (-7%) versus the prior month and 107 listings (17%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Youngstown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 103 days 1,508 sqft
    2018-02-01 103 days 1,504 sqft
    2018-03-01 88 days 1,508 sqft
    2018-04-01 76 days 1,514 sqft
    2018-05-01 70 days 1,532 sqft
    2018-06-01 64 days 1,570 sqft
    2018-07-01 62 days 1,676 sqft
    2018-08-01 61 days 1,696 sqft
    2018-09-01 65 days 1,700 sqft
    2018-10-01 66 days 1,700 sqft
    2018-11-01 71 days 1,693 sqft
    2018-12-01 86 days 1,688 sqft
    2019-01-01 96 days 1,688 sqft
    2019-02-01 100 days 1,702 sqft
    2019-03-01 87 days 1,705 sqft
    2019-04-01 72 days 1,704 sqft
    2019-05-01 67 days 1,623 sqft
    2019-06-01 65 days 1,632 sqft
    2019-07-01 64 days 1,640 sqft
    2019-08-01 66 days 1,650 sqft
    2019-09-01 69 days 1,676 sqft
    2019-10-01 72 days 1,690 sqft
    2019-11-01 81 days 1,680 sqft
    2019-12-01 90 days 1,669 sqft
    2020-01-01 98 days 1,649 sqft
    2020-02-01 98 days 1,649 sqft
    2020-03-01 90 days 1,651 sqft
    2020-04-01 84 days 1,642 sqft
    2020-05-01 96 days 1,670 sqft
    2020-06-01 91 days 1,684 sqft
    2020-07-01 58 days 1,752 sqft
    2020-08-01 54 days 1,693 sqft
    2020-09-01 62 days 1,712 sqft
    2020-10-01 62 days 1,724 sqft
    2020-11-01 62 days 1,684 sqft
    2020-12-01 71 days 1,689 sqft
    2021-01-01 81 days 1,668 sqft
    2021-02-01 76 days 1,668 sqft
    2021-03-01 53 days 1,658 sqft
    2021-04-01 45 days 1,657 sqft
    2021-05-01 39 days 1,696 sqft
    2021-06-01 32 days 1,601 sqft
    2021-07-01 36 days 1,540 sqft
    2021-08-01 41 days 1,533 sqft
    2021-09-01 45 days 1,504 sqft
    2021-10-01 46 days 1,500 sqft
    2021-11-01 47 days 1,520 sqft
    2021-12-01 56 days 1,500 sqft
    2022-01-01 68 days 1,460 sqft
    2022-02-01 63 days 1,450 sqft
    2022-03-01 52 days 1,485 sqft
    2022-04-01 38 days 1,526 sqft
    2022-05-01 34 days 1,506 sqft
    2022-06-01 35 days 1,569 sqft
    2022-07-01 38 days 1,598 sqft
    2022-08-01 42 days 1,608 sqft
    2022-09-01 46 days 1,593 sqft
    2022-10-01 50 days 1,570 sqft
    2022-11-01 53 days 1,592 sqft
    2022-12-01 62 days 1,547 sqft
    2023-01-01 73 days 1,568 sqft
    2023-02-01 68 days 1,556 sqft
    2023-03-01 49 days 1,620 sqft
    2023-04-01 51 days 1,607 sqft
    2023-05-01 44 days 1,589 sqft
    2023-06-01 38 days 1,654 sqft
    2023-07-01 37 days 1,680 sqft
    2023-08-01 40 days 1,714 sqft
    2023-09-01 40 days 1,648 sqft
    2023-10-01 42 days 1,609 sqft
    2023-11-01 45 days 1,624 sqft
    2023-12-01 57 days 1,573 sqft
    2024-01-01 72 days 1,613 sqft
    2024-02-01 73 days 1,601 sqft
    2024-03-01 59 days 1,652 sqft
    2024-04-01 47 days 1,659 sqft
    2024-05-01 40 days 1,666 sqft
    2024-06-01 39 days 1,677 sqft
    2024-07-01 44 days 1,650 sqft
    2024-08-01 43 days 1,674 sqft
    2024-09-01 44 days 1,729 sqft
    2024-10-01 49 days 1,663 sqft
    2024-11-01 55 days 1,654 sqft
    2024-12-01 65 days 1,635 sqft
    2025-01-01 0 days 1,622 sqft
    Youngstown's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Youngstown's median square footage for active listings during the 2025-01-01 period was 1,622 sqft. One year prior, the average listing was 1,613 sqft.

    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.