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.