Ohio VA Loan Rates, Closing Costs & Stats

Ohio

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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.

    Ohio VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Ohio averaged 7.04% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Ohio's average VA mortgage closing costs are $5,872.

    The average rate for the prior week (2025-05-16) was 7.02% and one month ago for the week of 2025-04-18, the average rate was 6.99%.

    The average rate one year ago was 7.21%.

    For refis of the same type during the week of 2025-05-23, the average rate was 7.28%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Ohio 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 Ohio level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 2,920 6.40% $5,667
    UNITED WHOLESALE MORTGAGE, LLC 1,007 5.94% $7,815
    QUICKEN LOANS, LLC 936 6.07% $9,893
    FREEDOM MORTGAGE CORPORATION 717 6.19% $7,413
    CROSSCOUNTRY MORTGAGE, LLC 619 6.52% $6,996
    PENNYMAC LOAN SERVICES, LLC 465 5.67% $6,771
    NAVY FEDERAL CREDIT UNION 415 5.89% $5,008
    NEW DAY FINANCIAL, LLC 381 7.47% $10,589
    USAA Federal Savings Bank 288 6.24% $8,032
    VILLAGE CAPITAL MORTGAGE 245 5.84% $6,164
    NEWREZ LLC 236 6.28% $7,194
    UNION HOME MORTGAGE CORP. 234 6.54% $9,316
    LOANDEPOT.COM, LLC 233 6.31% $8,541
    NVR Mortgage Finance, Inc. 211 6.10% $6,881
    The Huntington National Bank 192 6.56% $6,730
    GUARANTEED RATE, INC. 189 6.21% $5,536
    NFM, INC. 165 6.63% $11,119
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 135 6.50% $6,965
    Union Savings Bank 133 6.14% $5,257
    RUOFF MORTGAGE COMPANY, INC. 131 6.51% $5,893
    DHI MORTGAGE COMPANY, LTD. 126 4.76% $8,672
    PRIMELENDING, A PLAINSCAPITAL COMPANY 121 6.45% $7,506
    The Federal Savings Bank 115 6.47% $15,018
    HOMESIDE FINANCIAL, LLC 112 6.53% $9,538
    VICTORY MORTGAGE, L.L.C. 102 5.78% $6,550
    Mr. Cooper ( Nationstar Mortgage ) 101 6.41% $8,492
    PLANET HOME LENDING, LLC 87 5.90% $4,576
    M/I FINANCIAL, LLC 86 5.74% $12,124
    DAS Acquisition Company, LLC 85 6.64% $9,659
    LAKEVIEW LOAN SERVICING, LLC 80 5.90% $6,664
    MORTGAGE SOLUTIONS OF COLORADO, LLC 79 7.19% $3,181
    Fifth Third Bank 78 6.33% $5,225
    Barrington Bank & Trust Company, N.A. 77 6.48% $6,230
    FIRST COMMUNITY MORTGAGE, INC. 72 6.61% $6,787
    MUTUAL OF OMAHA MORTGAGE, INC. 69 6.37% $11,401
    Carrington Mortgage Services, LLC 68 6.34% $9,693
    JPMorgan Chase Bank 68 6.24% $5,706
    CLEARPATH LENDING 64 5.66% $6,247
    POLARIS HOME FUNDING CORP. 64 6.63% $10,924
    HOWARD HANNA FINANCIAL SERVICES, INC. 64 6.20% $8,835
    Nations Lending Corporation 59 6.58% $9,322
    EQUITY RESOURCES, INC. 55 6.50% $6,493
    BROKER SOLUTIONS, INC. 55 6.66% $9,981
    Ixonia Bank 51 6.74% $7,661
    MOVEMENT MORTGAGE, LLC 50 6.42% $6,899
    GUARANTEED RATE AFFINITY, LLC 48 6.37% $6,362
    Equity Prime Mortgage LLC 48 6.90% $8,402
    U.S. Bank 48 6.42% $6,943
    CMG MORTGAGE, INC. 48 6.22% $8,073
    Flagstar Bank, FSB 47 6.59% $7,112
    RAPID MORTGAGE COMPANY 47 6.63% $10,671
    NBKC BANK 45 5.88% $7,326
    Magnolia Bank 45 5.99% $15,702
    Paramount Residential Mortgage Group, Inc. 45 6.31% $9,812
    S1L, Inc. 42 6.40% $10,020
    PULTE MORTGAGE LLC 38 5.59% $6,506
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 37 6.76% $7,145
    LOANPAL, LLC 35 5.95% $11,436
    VANDERBILT MORTGAGE AND FINANCE, INC. 35 5.67% $7,085
    WRIGHT-PATT CREDIT UNION, INC. 33 6.50% $6,539
    LIBERTY HOME MORTGAGE CORPORATION 33 6.71% $7,235
    SUN WEST MORTGAGE COMPANY, INC. 30 6.21% $7,461
    AMERICAN PACIFIC MORTGAGE CORPORATION 30 6.72% $9,470
    HOMEBRIDGE FINANCIAL SERVICES, INC. 30 6.59% $2,656
    T2 FINANCIAL LLC 28 6.54% $8,122
    THE EQUITABLE MORTGAGE CORPORATION 27 6.26% $8,469
    NATIONS RELIABLE LENDING, LLC 27 6.54% $7,192
    RELIANCE FIRST CAPITAL, LLC 25 6.49% $9,903
    AMERISAVE MORTGAGE CORPORATION 24 5.88% $17,625
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 23 6.75% $8,314
    GSF Mortgage Corporation 23 6.83% $9,789
    PNC Bank 21 6.55% $5,135
    UNION CAPITAL MORTGAGE CORPORATION 21 6.11% $7,937
    GUILD MORTGAGE COMPANY 21 6.31% $9,225
    KeyBank 21 6.02% $6,409
    PENTAGON FEDERAL CREDIT UNION 21 6.10% $8,903
    PLAZA HOME MORTGAGE, INC. 20 6.37% $12,204
    FIRST EQUITY MORTGAGE INCORPORATED 19 6.10% $10,890
    First Federal Bank 19 5.84% $7,002
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 19 6.32% $6,027
    MID AMERICA MORTGAGE, INC. 18 6.40% $5,068
    WEST PENN FINANCIAL SERVICE CENTER, INC. 18 6.67% $8,580
    CARDINAL FINANCIAL 17 6.35% $10,756
    AMERICAN FINANCIAL RESOURCES, INC. 17 6.74% $11,864
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 17 5.73% $4,682
    Credence Funding Corporation 16 5.62% $6,670
    Armed Forces Bank 16 6.00% $8,810
    STOCKTON MORTGAGE CORPORATION 15 6.07% $7,724
    LCNB National Bank 15 6.22% $7,403
    Plains Commerce Bank 14 6.38% $5,784
    The Loan Store, Inc. 14 6.27% $8,712
    TJC Mortgage, Inc. 14 5.99% $8,180
    AMERICAN FINANCIAL NETWORK, INC. 14 6.13% $12,800
    Gateway First Bank 13 6.33% $8,257
    The Union Bank Company 13 6.15% $9,855
    Citizens Bank 13 6.12% $4,418
    NORTHERN MORTGAGE SERVICES, LLC 13 6.54% $7,546
    GENEVA FINANCIAL, LLC 13 6.81% $4,300
    MICHIGAN MUTUAL, INC. 12 6.52% $6,050
    The Farmers National Bank of Canfield 12 6.34% $3,843
    BAYSHORE MORTGAGE FUNDING, LLC 12 6.46% $8,698
    VERITAS FUNDING, LLC 12 6.31% $18,253
    YOUR HOME FINANCIAL LLC 11 6.81% $7,450
    First Commonwealth Bank 11 6.09% $8,327
    SUCCESS MORTGAGE PARTNERS, INC. 11 6.28% $11,296
    SIBCY CLINE MORTGAGE SERVICES, INC. 11 6.33% $9,427
    PHH Mortgage Corporation 11 6.11% $8,151
    MORTGAGEONE, INC. 11 6.94% $5,402
    ALLIED MORTGAGE GROUP, INC. 10 5.86% $7,275
    GVC MORTGAGE, INC. 10 6.61% $6,696
    J. VIRGIL, INC. 10 6.69% $8,105
    VAN DYK MORTGAGE CORPORATION 10 6.88% $7,667
    WesBanco 10 6.24% $5,518
    Prosperity Home Mortgage, LLC 10 6.05% $8,729
    The State Bank and Trust Company 9 6.58% $5,678
    RiverHills Bank 9 6.83% $7,528
    First Financial Bank 9 6.61% $7,596
    HomePromise Corporation 9 7.36% $5,992
    PREMIER LENDING, INC. 8 6.77% $8,033
    DIRECT MORTGAGE LOANS, LLC 8 6.80% $13,011
    DEVELOPER'S MORTGAGE COMPANY 8 6.53% $9,219
    MILEND, INC. 8 6.69% $14,622
    CHURCHILL MORTGAGE CORPORATION 8 6.55% $9,913
    First National Bank of Pennsylvania 8 6.09% $6,029
    Texana Bank 7 6.48% $12,800
    Alcova Mortgage LLC 7 6.48% $8,772
    The Citizens National Bank of Bluffton 7 6.25% $6,076
    ZILLOW HOME LOANS, LLC 7 6.38% $8,189
    Bank of England 7 6.54% $5,475
    The Park National Bank 7 6.09% $6,958
    First Federal Savings and Loan Association of Lakewood 7 6.14% $7,894
    North American Savings Bank, F.S.B. 7 5.84% $4,225
    AmeriHome Mortgage Company, LLC 7 6.05% $6,357
    Lakeview Community Capital, LLC 6 5.73% $6,154
    EMM LOANS LLC 6 6.40% $8,143
    NETWORK CAPITAL FUNDING CORPORATION 6 5.77% $19,950
    Servion, Inc. 6 6.75% $6,586
    Civista Bank 6 6.29% $8,815
    ROYAL UNITED MORTGAGE LLC 6 6.58% $11,889
    LAND HOME FINANCIAL SERVICES, INC. 6 6.19% $5,474
    Republic State Mortgage Co. 6 7.13% $4,315
    American Mortgage & Equity Consultants, Inc. 6 6.56% $6,099
    CITY FIRST MORTGAGE SERVICES, L.L.C. 5 6.80% $6,743
    Wells Fargo Bank 5 6.30% $7,979
    NATIONWIDE MORTGAGE BANKERS, INC. 5 6.70% $9,509
    First Federal Bank of the Midwest 5 6.28% $5,273
    East Coast Capital Corp. 5 6.10% $12,373
    ENVOY MORTGAGE, LTD 5 6.18% $9,000
    Northpointe Bank 5 6.25% $7,819
    AmRes Corporation 5 6.75% $12,431
    GoPrime Mortgage, Inc. 5 6.28% $16,771
    AMERICAN FINANCING CORPORATION 5 6.58% $6,696
    HOMESPIRE MORTGAGE CORPORATION 5 6.55% $3,874
    FIRST COLONY MORTGAGE CORPORATION 5 6.05% $9,929
    Strong Home Mortgage, LLC 4 6.03% $12,453
    NATIONS DIRECT MORTGAGE, LLC 4 5.94% $8,331
    Presidential Bank, FSB 4 6.16% $8,552
    Warsaw Federal Savings and Loan Association 4 6.53% $9,661
    BAY EQUITY LLC 4 6.38% $11,766
    Heartland Bank 4 5.97% $8,320
    PREMIA MORTGAGE, LLC 4 5.90% $5,231
    ABSOLUTE HOME MORTGAGE CORPORATION 4 6.44% $8,724
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 7.09% $10,779
    Mid-Continent Funding, Inc. 4 6.19% $6,672
    CANOPY MORTGAGE, LLC 4 5.63% $29,285
    1st National Bank 3 6.70% $7,608
    ALLIANT CREDIT UNION 3 5.58% $7,810
    Century Mortgage Company DBA Century Lending Company 3 5.71% $3,894
    CME Federal Credit Union 3 6.58% $5,650
    DIGNIFIED HOME LOANS, LLC 3 6.33% $8,707
    Farmers Bank & Trust 3 6.25% $11,068
    Guardian Savings Bank, A Federal Savings Bank 3 5.92% $7,081
    HALLMARK HOME MORTGAGE, LLC 3 7.21% $8,521
    LEADERONE FINANCIAL CORPORATION 3 6.88% $11,326
    MORIA DEVELOPMENT, INC. 3 6.38% $12,864
    NORWICH COMMERCIAL GROUP, INC. 3 6.00% $11,039
    The Central Trust Bank 3 6.63% $9,771
    TOP FLITE FINANCIAL, INC. 3 5.92% $6,175
    UNITED MORTGAGE CORP 3 6.54% $17,446
    MORTGAGE ACCESS CORP. 2 6.31% $5,072
    FirstBank 2 5.88% $4,948
    Stride Bank 2 6.38% $7,673
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 5.94% $6,998
    ON Q FINANCIAL, INC. 2 6.56% $7,738
    1ST SIGNATURE LENDING, LLC 2 6.88% $17,605
    ENDEAVOR CAPITAL, LLC. 2 6.31% $6,636
    MEMBER FIRST MORTGAGE, LLC 2 7.38% $8,717
    The Genoa Banking Company 2 6.88% $5,806
    ROSS MORTGAGE CORPORATION 2 5.75% $6,223
    US MORTGAGE CORPORATION 2 6.44% $6,210
    Residential Mortgage Solutions, Inc. 2 5.69% $4,726
    M&T Bank 2 5.94% $7,911
    Cornerstone First Mortgage, Inc 2 5.94% $14,430
    FLAT BRANCH MORTGAGE, INC. 2 6.75% $10,922
    Capital Bank 2 5.19% $5,394
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 6.44% $11,561
    NBH Bank 2 6.19% $2,638
    AFFORDABLE MORTGAGE ADVISORS, LLC. 2 6.94% $5,434
    SOUTHWEST STAGE FUNDING, LLC 2 5.88% $1,465
    Ameris Bank 2 5.88% $10,186
    TOWNE MORTGAGE COMPANY 2 6.56% $9,006
    Independent Bank 2 6.13% $8,498
    Regions Bank 2 6.06% $13,859
    GARDNER FINANCIAL SERVICES, LTD. 1 6.25% $14,824
    First National Bank Texas 1 5.88% $621
    First Federal Bank of Kansas City 1 5.88% $14,518
    TOTAL MORTGAGE SERVICES, LLC 1 6.75% $2,897
    TrueCore Federal Credit Union 1 6.75% $5,073
    Truist 1 5.50% $8,588
    EVANSVILLE TEACHERS 1 6.75% $23,051
    United Bank 1 6.25% $2,607
    UNIVERSAL 1 CREDIT UNION 1 5.75% $22,717
    EMBRACE HOME LOANS, INC. 1 5.75% $6,061
    DIRECT MORTGAGE, CORP. 1 6.99% $3,726
    DESCO 1 6.63% $6,351
    Day Air Credit Union, Inc 1 7.25% $5,608
    Commerce Home Mortgage, Inc. 1 5.50% $4,664
    CANTON SCHOOL EMPLOYEES 1 6.75% $3,321
    Waterstone Mortgage Corporation 1 7.13% $10,903
    Blue Ridge Bank 1 6.50% $7,769
    Atlantic Coast Mortgage, LLC 1 7.00% $12,072
    Premium Mortgage Corporation 1 6.63% $20,444
    PLUS RELOCATION MORTGAGE, LLC 1 6.25% $9,878
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.75% $4,719
    OPEN MORTGAGE, LLC 1 6.75% $8,530
    Republic Bank & Trust Company 1 5.75% $2,900
    Old National Bank 1 5.88% $7,546
    NP, Inc. 1 6.75% $9,081
    Northwest Bank 1 6.50% $3,986
    Service Federal Credit Union 1 6.38% $12,854
    MYCUMORTGAGE, LLC 1 6.25% $3,820
    Seven Seventeen Credit Union 1 7.25% $16,611
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.75% $6,082
    SOUTHWEST FUNDING, LP 1 6.75% $1,683
    MJW Financial LLC 1 7.25% $4,060
    SUMMIT FUNDING, INC. 1 5.99% $8,688
    Sunflower Bank 1 6.63% $4,196
    Key Mortgage Services, Inc. 1 6.75% $4,952
    JMAC LENDING, INC. 1 5.75% $10,088
    INSPIRE HOME LOANS INC. 1 5.63% $6,527
    American National Bank 1 5.75% $4,631
    The Dart Bank 1 6.50% $4,940
    Hometown Equity Mortgage, LLC 1 7.63% $5,441
    HOMESTEAD FUNDING CORP. 1 6.13% $250
    Home Mortgage Alliance Corp 1 6.25% $3,216
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.75% $10,408
    Granite Community Bank 1 5.75% $4,776

    The top Ohio VA lender as defined by loan originations is Mortgage Research Center, LLC, with 2,920 VA loans originated. Their average total fees are $5,667, which is $2,148 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Ohio VA lenders (with over 10 loans originated) are HOMEBRIDGE FINANCIAL SERVICES, INC. ($2,656), MORTGAGE SOLUTIONS OF COLORADO, LLC ($3,181), The Farmers National Bank of Canfield ($3,843), GENEVA FINANCIAL, LLC ($4,300) and Citizens Bank ($4,418).

    The lowest rate Ohio VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.76%), PULTE MORTGAGE LLC (5.59%), Credence Funding Corporation (5.62%), CLEARPATH LENDING (5.66%) and PENNYMAC LOAN SERVICES, LLC (5.67%).

    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.