ALTOONA Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Altoona averaged 6.82% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2025-06-12) was 6.85% and one month ago for the week of 2025-05-15, the average rate was 7.02%.

Altoona's average rate one year ago was 6.96%.

For refis of the same type during the week of 2025-06-18, the average rate was 6.81%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Altoona 30 Year Fixed Rate 2025-06-18 6.82%
Altoona 30 Year Fixed Rate Refi 2025-06-18 6.81%
Altoona 15 Year Fixed Rate 2025-06-18 5.96%
Altoona 15 Year Fixed Rate Refi 2025-06-18 6.06%
Altoona 30 Year FHA 2025-06-18 0.02%
Altoona 30 Year FHA Refi 2025-06-18 0.2%
Altoona 30 Year USDA 2025-06-18 -0.1%
Altoona 30 Year USDA Refi 2025-06-18 0%
Altoona 30 Year VA 2025-06-18 0%
Altoona 30 Year VA Refi 2025-06-18 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ALTOONA, PA.

ALTOONA Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the ALTOONA, PA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Flagstar Bank, FSB 71 6.68% $4,433
QUICKEN LOANS, LLC 43 6.81% $5,529
First Commonwealth Bank 41 6.78% $4,437
EQUITY RESOURCES, INC. 37 6.53% $3,995
Citizens Bank 21 6.45% $5,702
First National Bank of Pennsylvania 18 6.69% $4,091
Kish Bank 15 6.24% $4,035
S&T Bank 11 6.67% $3,497
CROSSCOUNTRY MORTGAGE, LLC 11 7.04% $5,885
AmeriHome Mortgage Company, LLC 10 7.00% $4,402
Jersey Shore State Bank 9 7.07% $4,919
UNITED WHOLESALE MORTGAGE, LLC 9 7.01% $7,107
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.44% $4,883
UNION HOME MORTGAGE CORP. 8 6.81% $5,567
NEWREZ LLC 8 7.19% $8,765
RADIUS FINANCIAL GROUP INC. 7 6.79% $6,239
M&T Bank 7 6.59% $4,899
1st Summit Bank 6 6.80% $3,052
PENNSYLVANIA STATE EMPLOYEES Credit Union 6 6.63% $2,345
ZILLOW HOME LOANS, LLC 5 6.73% $6,087
ROYAL UNITED MORTGAGE LLC 5 7.05% $8,299
U.S. Bank 4 6.72% $3,907
CMG MORTGAGE, INC. 4 7.31% $4,402
CNB Bank 4 6.41% $4,585
NORWICH COMMERCIAL GROUP, INC. 4 7.16% $9,965
EMM LOANS LLC 3 6.38% $5,654
BROKER SOLUTIONS, INC. 3 7.13% $5,955
LOANDEPOT.COM, LLC 3 7.08% $7,705
Mortgage Research Center, LLC 3 7.08% $3,994
PLAZA HOME MORTGAGE, INC. 3 6.87% $4,030
PNC Bank 3 6.38% $5,061
The Huntington National Bank 3 6.75% $6,204
CHURCHILL MORTGAGE CORPORATION 2 7.19% $5,676
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.88% $6,656
Mid Penn Bank 2 7.50% $4,446
NBKC BANK 2 6.56% $4,119
Paramount Residential Mortgage Group, Inc. 2 6.75% $6,453
FIRST COMMUNITY MORTGAGE, INC. 2 6.68% $7,819
Mr. Cooper ( Nationstar Mortgage ) 2 7.06% $6,093
JPMorgan Chase Bank 2 6.94% $6,164
PLANET HOME LENDING, LLC 2 6.88% $4,747
MidAtlantic Farm Credit, ACA 2 7.11% $5,100
NAVY FEDERAL CREDIT UNION 1 8.38% $7,158
Citadel Servicing Corporation 1 8.00% $16,951
NexBank 1 7.63% $7,705
NFM, INC. 1 6.38% $4,967
Northwest Bank 1 6.75% $2,199
ONY GLO, INC. 1 6.88% $5,604
OWNERSCHOICE FUNDING, INCORPORATED 1 7.63% $3,482
Century Mortgage Company DBA Century Lending Company 1 6.63% $11,393
PENNYMAC LOAN SERVICES, LLC 1 6.75% $3,654
PHH Mortgage Corporation 1 6.75% $3,885
ABSOLUTE HOME MORTGAGE CORPORATION 1 6.62% $4,497
Wells Fargo Bank 1 6.00% $4,437
BETTER MORTGAGE CORPORATION 1 7.38% $2,089
Bank of America 1 6.38% $5,955
RELIANCE FIRST CAPITAL, LLC 1 6.50% $4,814
AMERISAVE MORTGAGE CORPORATION 1 6.88% $8,827
Sierra Pacific Mortgage Company, Inc. 1 6.38% $5,041
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 5.88% $3,674
Ally Bank 1 6.50% $5,385
TD Bank 1 7.25% $2,989
ABERDEEN PROVING GROUND FEDERAL CREDIT UNION 1 5.25% $4,076
TIDEWATER MORTGAGE SERVICES, INC. 1 6.88% $5,542
Truist 1 6.49% $4,234
Alcova Mortgage LLC 1 7.13% $3,039
Union Savings Bank 1 7.25% $3,740
GSF Mortgage Corporation 1 6.99% $4,047
GUILD MORTGAGE COMPANY 1 6.63% $4,700
HOMESIDE FINANCIAL, LLC 1 7.00% $3,100
HOMESPIRE MORTGAGE CORPORATION 1 7.00% $4,131
Ixonia Bank 1 7.00% $4,346
HOWARD HANNA FINANCIAL SERVICES, INC. 1 7.13% $4,724
Dollar Bank, Federal Savings Bank 1 6.75% $3,711
Kwik Mortgage Corporation 1 6.63% $9,028
AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.88% $4,714
Luxury Mortgage Corp. 1 7.25% $19,426
MEMBER FIRST MORTGAGE, LLC 1 6.88% $4,848
MEMBERS 1ST FEDERAL CREDIT UNION 1 6.88% $4,404
USAA Federal Savings Bank 1 6.25% $3,973
Clear Mountain Bank 1 6.50% $3,392
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $7,121

ALTOONA Average Closing Costs & Other Stats

ALTOONA, PA's 82 lenders originated 1,967 loans during 2024. The total origination value was $281,575,000, with an average loan value of $143,149.

ALTOONA's average closing costs are $4,988.

The top ALTOONA lender as defined by loan originations is Flagstar Bank, FSB, with 71 loans originated. Their average total fees are $4,433, which is $1,095 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee ALTOONA lenders (with over 10 loans originated) are S&T Bank ($3,497), EQUITY RESOURCES, INC. ($3,995), Kish Bank ($4,035), First National Bank of Pennsylvania ($4,091) and AmeriHome Mortgage Company, LLC ($4,402).

The lowest rate ALTOONA lenders (with over 10 loans originated) are Kish Bank (6.24%), Citizens Bank (6.45%), EQUITY RESOURCES, INC. (6.53%), S&T Bank (6.67%) and Flagstar Bank, FSB (6.68%).

ALTOONA, PA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Reliance Savings Bank $21,150,000 $23,425,000 10.8% 8.3%
Flagstar Bank, FSB $16,725,000 $19,210,000 14.9% 6.8%
Jersey Shore State Bank $9,795,000 $15,200,000 55.2% 5.4%
QUICKEN LOANS, LLC $10,655,000 $15,195,000 42.6% 5.4%
First Commonwealth Bank $13,420,000 $15,150,000 12.9% 5.4%
First National Bank of Pennsylvania $14,890,000 $14,340,000 -3.7% 5.1%
Citizens Bank $15,095,000 $10,325,000 -31.6% 3.7%
Customers Bank $9,505,000 n/a 3.4%
EQUITY RESOURCES, INC. $12,845,000 $8,845,000 -31.1% 3.1%
WALKER & DUNLOP, LLC $8,465,000 n/a 3.0%
M&T Bank $7,845,000 $8,385,000 6.9% 3.0%
Mortgage Research Center, LLC $4,075,000 $8,350,000 104.9% 3.0%
Altoona First Savings Bank $12,010,000 $8,310,000 -30.8% 3.0%
Kish Bank $3,065,000 $7,075,000 130.8% 2.5%
UNION HOME MORTGAGE CORP. $1,965,000 $5,870,000 198.7% 2.1%
ARC Federal Credit Union $3,550,000 $5,280,000 48.7% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $3,960,000 $5,260,000 32.8% 1.9%
S&T Bank $12,500,000 $4,600,000 -63.2% 1.6%
PENNSYLVANIA STATE EMPLOYEES Credit Union $5,945,000 $4,590,000 -22.8% 1.6%
PennCrest Bank $4,820,000 $4,415,000 -8.4% 1.6%
NEWREZ LLC $1,090,000 $4,330,000 297.2% 1.5%
CROSSCOUNTRY MORTGAGE, LLC $3,795,000 $4,315,000 13.7% 1.5%
PNC Bank $1,480,000 $3,635,000 145.6% 1.3%
Hometown Bank of Pennsylvania $2,855,000 $3,345,000 17.2% 1.2%
CNB Bank $1,805,000 $3,330,000 84.5% 1.2%
INVESTMENT SAVINGS BANK $4,690,000 $3,225,000 -31.2% 1.1%
1st Summit Bank $995,000 $2,230,000 124.1% 0.8%
RADIUS FINANCIAL GROUP INC. $2,055,000 n/a 0.7%
NORWICH COMMERCIAL GROUP, INC. $5,755,000 $1,980,000 -65.6% 0.7%
AmeriHome Mortgage Company, LLC $3,830,000 $1,940,000 -49.3% 0.7%
MidAtlantic Farm Credit, ACA $685,000 $1,850,000 170.1% 0.7%
FREEDOM MORTGAGE CORPORATION $1,765,000 $1,845,000 4.5% 0.7%
PENNYMAC LOAN SERVICES, LLC $2,150,000 $1,720,000 -20.0% 0.6%
ZILLOW HOME LOANS, LLC $1,655,000 n/a 0.6%
CMG MORTGAGE, INC. $300,000 $1,650,000 450.0% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,170,000 $1,500,000 28.2% 0.5%
U.S. Bank $615,000 $1,500,000 143.9% 0.5%
AMERISAVE MORTGAGE CORPORATION $530,000 $1,345,000 153.8% 0.5%
BROKER SOLUTIONS, INC. $600,000 $1,315,000 119.2% 0.5%
LOANDEPOT.COM, LLC $715,000 $1,205,000 68.5% 0.4%
NAVY FEDERAL CREDIT UNION $1,465,000 $1,075,000 -26.6% 0.4%
Blair County FCU $1,295,000 $1,065,000 -17.8% 0.4%
Equity Prime Mortgage LLC $465,000 $785,000 68.8% 0.3%
Wells Fargo Bank $1,100,000 $765,000 -30.5% 0.3%
VILLAGE CAPITAL MORTGAGE $115,000 $695,000 504.3% 0.2%
PLAZA HOME MORTGAGE, INC. $105,000 $690,000 557.1% 0.2%
PLANET HOME LENDING, LLC $85,000 $685,000 705.9% 0.2%
Century Mortgage Company DBA Century Lending Company $370,000 $630,000 70.3% 0.2%
GUILD MORTGAGE COMPANY $875,000 $625,000 -28.6% 0.2%
Paramount Residential Mortgage Group, Inc. $495,000 $600,000 21.2% 0.2%
ROYAL UNITED MORTGAGE LLC $310,000 $600,000 93.5% 0.2%
The Huntington National Bank $615,000 $585,000 -4.9% 0.2%
AmeriServ Financial Bank $1,310,000 $555,000 -57.6% 0.2%
FIRST COMMUNITY MORTGAGE, INC. $540,000 n/a 0.2%
Mr. Cooper ( Nationstar Mortgage ) $335,000 $540,000 61.2% 0.2%
The Loan Store, Inc. $370,000 $535,000 44.6% 0.2%
EMM LOANS LLC $1,350,000 $525,000 -61.1% 0.2%
MILEND, INC. $520,000 n/a 0.2%
ALLIED MORTGAGE GROUP, INC. $510,000 n/a 0.2%
NEW DAY FINANCIAL, LLC $1,225,000 $510,000 -58.4% 0.2%
LENDINGHOME FUNDING CORPORATION $505,000 n/a 0.2%
Luxury Mortgage Corp. $485,000 n/a 0.2%
Carrington Mortgage Services, LLC $885,000 $470,000 -46.9% 0.2%
Kwik Mortgage Corporation $465,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $460,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $245,000 $435,000 77.6% 0.2%
JPMorgan Chase Bank $65,000 $430,000 561.5% 0.2%
EASTERN SAVINGS BANK $425,000 n/a 0.2%
NBKC BANK $420,000 n/a 0.1%
MEMBER FIRST MORTGAGE, LLC $135,000 $410,000 203.7% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $725,000 $410,000 -43.4% 0.1%
TOP FLITE FINANCIAL, INC. $125,000 $405,000 224.0% 0.1%
FIRST HERITAGE FINANCIAL, LLC $95,000 $385,000 305.3% 0.1%
Citadel Servicing Corporation $375,000 n/a 0.1%
Keystone Funding, Inc. $365,000 n/a 0.1%
Slovenian Savings & Loan Association of Franklin-Conemaugh $330,000 $355,000 7.6% 0.1%
HOMESTEAD FUNDING CORP. $345,000 n/a 0.1%
Discover Bank $325,000 $340,000 4.6% 0.1%
MEMBERS 1ST FEDERAL CREDIT UNION $580,000 $330,000 -43.1% 0.1%
Dollar Bank, Federal Savings Bank $135,000 $320,000 137.0% 0.1%
Figure Lending LLC $80,000 $320,000 300.0% 0.1%
USAA Federal Savings Bank $895,000 $320,000 -64.2% 0.1%
Mid Penn Bank $325,000 $315,000 -3.1% 0.1%
Barrington Bank & Trust Company, N.A. $165,000 $305,000 84.8% 0.1%
CHURCHILL MORTGAGE CORPORATION $85,000 $300,000 252.9% 0.1%
Coastal Community Bank $245,000 $295,000 20.4% 0.1%
AFFORDABLE MORTGAGE ADVISORS, LLC. $145,000 $265,000 82.8% 0.1%
Princeton Mortgage Corporation $450,000 $265,000 -41.1% 0.1%
Integrity Home Mortgage Corp $250,000 n/a 0.1%
SOMERSET TRUST COMPANY $1,595,000 $250,000 -84.3% 0.1%
FIRST HOME MORTGAGE CORPORATION $225,000 n/a 0.1%
TOTAL MORTGAGE SERVICES, LLC $220,000 n/a 0.1%
ABSOLUTE HOME MORTGAGE CORPORATION $175,000 $215,000 22.9% 0.1%
BETTER MORTGAGE CORPORATION $215,000 n/a 0.1%
NexBank $215,000 n/a 0.1%
Union Savings Bank $215,000 n/a 0.1%
InFirst Bank $255,000 $210,000 -17.6% 0.1%
HOWARD HANNA FINANCIAL SERVICES, INC. $205,000 n/a 0.1%
The Federal Savings Bank $205,000 n/a 0.1%
Truist $160,000 $205,000 28.1% 0.1%
Logan Finance Corporation $200,000 n/a 0.1%
DOMINION FINANCIAL SERVICES, LLC $85,000 $190,000 123.5% 0.1%
ABERDEEN PROVING GROUND FEDERAL CREDIT UNION $185,000 n/a 0.1%
MORTGAGEONE, INC. $185,000 n/a 0.1%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $165,000 n/a 0.1%
C-B-W Schools Federal Credit Union $155,000 n/a 0.1%
TD Bank $485,000 $155,000 -68.0% 0.1%
21ST MORTGAGE CORPORATION $270,000 $145,000 -46.3% 0.1%
Alcova Mortgage LLC $145,000 n/a 0.1%
Bank of America $165,000 $145,000 -12.1% 0.1%
POLARIS HOME FUNDING CORP. $145,000 n/a 0.1%
TIDEWATER MORTGAGE SERVICES, INC. $430,000 $145,000 -66.3% 0.1%
TRIAD FINANCIAL SERVICES, INC. $110,000 $145,000 31.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $420,000 $135,000 -67.9% 0.0%
TOWNE MORTGAGE COMPANY $135,000 n/a 0.0%
LOANPAL, LLC $125,000 $130,000 4.0% 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $130,000 n/a 0.0%
OMEGA Federal Credit Union $130,000 n/a 0.0%
GSF Mortgage Corporation $285,000 $125,000 -56.1% 0.0%
NEXTIER BANK, NATIONAL ASSOCIATION $125,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $125,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $420,000 $115,000 -72.6% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $105,000 $115,000 9.5% 0.0%
NFM, INC. $275,000 $115,000 -58.2% 0.0%
THRIVENT Federal Credit Union $105,000 $110,000 4.8% 0.0%
Advance Financial Group, LLC $105,000 n/a 0.0%
GUARANTEED RATE, INC. $280,000 $105,000 -62.5% 0.0%
NEXERA HOLDING LLC $105,000 n/a 0.0%
ONY GLO, INC. $105,000 n/a 0.0%
Ally Bank $75,000 $95,000 26.7% 0.0%
Clear Mountain Bank $95,000 n/a 0.0%
OWNERSCHOICE FUNDING, INCORPORATED $95,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $95,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $85,000 $75,000 -11.8% 0.0%
HOMESPIRE MORTGAGE CORPORATION $75,000 n/a 0.0%
Northwest Bank $625,000 $75,000 -88.0% 0.0%
HOMESIDE FINANCIAL, LLC $55,000 n/a 0.0%
HORIZON Federal Credit Union $55,000 n/a 0.0%
Ixonia Bank $55,000 n/a 0.0%
PHH Mortgage Corporation $55,000 n/a 0.0%
Community State Bank of Orbisonia $805,000 $45,000 -94.4% 0.0%
Deere Employees Credit Union $45,000 n/a 0.0%
Titan FCU $35,000 n/a 0.0%
USSCO Federal Credit Union $35,000 n/a 0.0%

ALTOONA's top lender by overall market share is Reliance Savings Bank, with 8.3% market share. In second place, with 6.8%, is Flagstar Bank, FSB, having originated $19,210,000 in loans. In third place, with 5.4%, is Jersey Shore State Bank, having originated $15,200,000 in loans. In fourth place, with 5.4%, is QUICKEN LOANS, LLC, having originated $15,195,000 in loans. In fifth place, with 5.4%, is First Commonwealth Bank, having originated $15,150,000 in loans.

ALTOONA, PA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 923 $176,305,000 $191,013
Home Improvement 339 $19,985,000 $58,953
Refi 268 $36,180,000 $135,000
Other 247 $15,895,000 $64,352
Cash Out Refi 190 $33,210,000 $174,789

Altoona's most frequently cited loan purpose was Home Purchase, with 923 originations. The 2nd most popular reason was Home Improvement, with 339 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 685 $127,195,000 $185,686
7-8% 285 $37,565,000 $131,807
Over 8% 256 $18,640,000 $72,813
5-6% 252 $46,860,000 $185,952
4-5% 15 $1,365,000 $91,000
<2.5% 11 $115,000 $10,455
3-4% 8 $450,000 $56,250

During 2024, Altoona's most frequently originated rate bucket was 6-7%, with 685 originations.

Loan Sizing (ALTOONA, PA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 900 $46,200,000 $51,333
$100k-200k 685 $97,145,000 $141,818
$200k-400k 327 $86,235,000 $263,716
$400k-600k 43 $20,215,000 $470,116
$600k-1000k 7 $4,975,000 $710,714
$Over $1MM 5 $26,805,000 $5,361,000

ALTOONA's loan sizing saw the bucket of loans from $100,000 or less with 900 originations, totaling $46,200,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 610 $109,600,000 $179,672
60-80% 312 $65,710,000 $210,609
20-40% 236 $17,380,000 $73,644
Under 20% 186 $6,450,000 $34,677
40-60% 138 $26,770,000 $193,986
Over 100% 12 $2,670,000 $222,500

ALTOONA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 610 originations, totaling $109,600,000 in origination value.