Pennsylvania VA Loan Rates, Closing Costs & Stats

Pennsylvania

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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.

    Pennsylvania VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Pennsylvania averaged 6.24% for the week of 2023-05-26, compared to the national average (all VA variants) of 6.408% for the same period.

    Pennsylvania's average VA mortgage closing costs are $6,397.

    The average rate for the prior week (2023-05-19) was 5.96% and one month ago for the week of 2023-04-21, the average rate was 5.88%.

    The average rate one year ago was 5.16%.

    For refis of the same type during the week of 2023-05-26, the average rate was 5.12%.

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

    Pennsylvania 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 Pennsylvania level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Mortgage Research Center, LLC 2,068 5.19% $7,049
    QUICKEN LOANS, LLC 837 4.25% $10,493
    UNITED WHOLESALE MORTGAGE, LLC 516 4.42% $9,637
    NAVY FEDERAL CREDIT UNION 477 4.13% $6,998
    NEW DAY FINANCIAL, LLC 400 5.18% $10,753
    FREEDOM MORTGAGE CORPORATION 381 4.39% $12,367
    USAA Federal Savings Bank 379 4.37% $8,502
    PENNYMAC LOAN SERVICES, LLC 327 3.43% $8,471
    CROSSCOUNTRY MORTGAGE, LLC 240 4.91% $10,991
    LOANDEPOT.COM, LLC 229 4.26% $10,432
    Citizens Bank 194 4.42% $10,247
    GUARANTEED RATE, INC. 130 4.68% $8,077
    MOVEMENT MORTGAGE, LLC 130 4.80% $7,886
    CALIBER HOME LOANS, INC. 124 4.52% $9,860
    Mr. Cooper ( Nationstar Mortgage ) 115 4.80% $10,976
    GUILD MORTGAGE COMPANY 111 4.97% $11,454
    Barrington Bank & Trust Company, N.A. 106 4.66% $7,631
    NEWREZ LLC 96 4.21% $8,933
    NVR Mortgage Finance, Inc. 95 4.14% $9,681
    The Federal Savings Bank 94 4.94% $15,844
    GUARANTEED RATE AFFINITY, LLC 91 5.06% $8,670
    HOME POINT FINANCIAL CORPORATION 89 3.88% $9,934
    UNION HOME MORTGAGE CORP. 89 4.55% $9,796
    PRIMELENDING, A PLAINSCAPITAL COMPANY 88 4.99% $6,650
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 87 5.03% $8,614
    Wells Fargo Bank 83 4.09% $5,616
    Flagstar Bank, FSB 80 4.58% $9,346
    AMERISAVE MORTGAGE CORPORATION 76 4.46% $13,247
    Prosperity Home Mortgage, LLC 68 4.55% $9,897
    LAKEVIEW LOAN SERVICING, LLC 66 3.69% $7,072
    Northpointe Bank 63 4.57% $9,502
    VILLAGE CAPITAL MORTGAGE 62 4.13% $9,927
    FINANCE OF AMERICA MORTGAGE LLC 52 4.41% $12,167
    EQUITY RESOURCES, INC. 52 4.53% $6,937
    BROKER SOLUTIONS, INC. 50 4.82% $10,022
    Mid-Continent Funding, Inc. 49 4.88% $9,264
    HOWARD HANNA FINANCIAL SERVICES, INC. 49 4.73% $8,221
    EMM LOANS LLC 49 4.82% $8,449
    CLEARPATH LENDING 48 3.94% $11,394
    Century Mortgage Company DBA Century Lending Company 48 4.81% $9,433
    Mortgage America, Inc. 44 5.01% $7,958
    Carrington Mortgage Services, LLC 43 4.48% $9,502
    NFM, INC. 41 4.92% $9,604
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 41 5.02% $10,297
    TIDEWATER MORTGAGE SERVICES, INC. 40 4.37% $9,510
    MCLEAN MORTGAGE CORPORATION 40 4.68% $7,697
    PENTAGON FEDERAL CREDIT UNION 40 3.83% $8,467
    ALLIED MORTGAGE GROUP, INC. 38 4.55% $9,214
    PLAZA HOME MORTGAGE, INC. 37 4.84% $8,321
    HOMEBRIDGE FINANCIAL SERVICES, INC. 35 4.86% $9,873
    CARDINAL FINANCIAL 34 4.13% $12,221
    DHI MORTGAGE COMPANY, LTD. 30 4.17% $12,977
    M&T Bank 29 4.31% $6,874
    Magnolia Bank 29 4.48% $14,814
    York Traditions Bank 29 4.95% $10,977
    WEST PENN FINANCIAL SERVICE CENTER, INC. 27 4.88% $11,345
    Equity Prime Mortgage LLC 26 5.39% $8,558
    RELIANCE FIRST CAPITAL, LLC 24 4.76% $10,838
    North American Savings Bank, F.S.B. 23 4.45% $9,564
    STOCKTON MORTGAGE CORPORATION 23 5.05% $9,400
    The Huntington National Bank 23 4.58% $6,643
    EAGLE HOME MORTGAGE, LLC 23 4.79% $10,763
    First Commonwealth Bank 23 4.52% $8,940
    U.S. Bank 23 4.81% $10,941
    MORTGAGE SOLUTIONS OF COLORADO, LLC 23 5.03% $8,453
    Paramount Residential Mortgage Group, Inc. 22 4.99% $11,991
    PLANET HOME LENDING, LLC 21 4.17% $7,708
    Meridian Bank Corporation 21 4.39% $10,280
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 20 4.96% $7,666
    Integrity Home Mortgage Corp 20 4.33% $9,677
    HOMESIDE FINANCIAL, LLC 20 4.59% $9,961
    MUTUAL OF OMAHA MORTGAGE, INC. 20 4.46% $11,012
    Summit Mortgage Corporation 19 4.93% $9,950
    NBKC BANK 19 3.45% $10,082
    SUCCESS MORTGAGE PARTNERS, INC. 19 4.64% $16,402
    Hometown Lenders, Inc. 18 4.86% $10,816
    PRIMARY RESIDENTIAL MORTGAGE, INC. 18 4.78% $9,089
    MEMBERS 1ST FEDERAL CREDIT UNION 17 4.19% $9,031
    ENVOY MORTGAGE, LTD 17 5.74% $12,407
    Homesale Mortgage, LLC 16 4.70% $10,004
    GREENTREE MORTGAGE COMPANY, L.P. 16 4.99% $9,632
    HOMESPIRE MORTGAGE CORPORATION 16 5.00% $9,571
    CONTOUR MORTGAGE CORPORATION 15 5.32% $13,414
    HomePromise Corporation 15 5.09% $13,994
    Mortgage Network, Inc. 15 4.97% $11,635
    LOANPAL, LLC 15 4.27% $13,094
    Victorian Finance, LLC 14 5.13% $7,042
    CMG MORTGAGE, INC. 14 4.79% $11,676
    First Federal Bank 14 4.66% $9,491
    AMERICAN FINANCING CORPORATION 14 4.60% $10,813
    T2 FINANCIAL LLC 13 4.98% $16,019
    Univest Bank and Trust Co. 13 4.32% $10,161
    Nations Lending Corporation 13 5.13% $12,819
    Low VA Rates, LLC 13 4.38% $12,783
    DEVELOPER'S MORTGAGE COMPANY 13 4.87% $5,478
    PNC Bank 13 4.16% $6,953
    FIRST HOME MORTGAGE CORPORATION 13 4.57% $14,062
    Acre Mortgage and Financial Inc 12 5.29% $12,519
    Lakeview Community Capital, LLC 12 3.78% $6,007
    ROYAL UNITED MORTGAGE LLC 12 5.05% $10,432
    EVERETT FINANCIAL, INC. 12 4.36% $8,883
    NETWORK CAPITAL FUNDING CORPORATION 12 4.47% $11,189
    Towne Bank 12 4.38% $10,278
    First Guaranty Mortgage Corporation 12 3.27% $8,379
    SOVEREIGN LENDING GROUP INCORPORATED 11 3.91% $11,133
    PREMIA MORTGAGE, LLC 11 3.84% $6,559
    First National Bank of Pennsylvania 11 5.19% $8,487
    Princeton Mortgage Corporation 11 3.83% $10,440
    Huntingdon Valley Bank 11 4.82% $11,380
    CHERRY CREEK MORTGAGE, LLC 10 4.26% $5,526
    GUARANTY HOME MORTGAGE CORPORATION 10 4.50% $12,117
    Foote Capital Mortgage Company 10 4.21% $9,414
    CHURCHILL MORTGAGE CORPORATION 10 4.78% $9,148
    Fulton Bank 10 4.42% $7,473
    Sierra Pacific Mortgage Company, Inc. 10 4.61% $8,565
    Wyndham Capital Mortgage, Inc. 9 4.31% $10,835
    FIRST HERITAGE FINANCIAL, LLC 9 4.15% $11,165
    SUN WEST MORTGAGE COMPANY, INC. 9 4.32% $14,777
    Union Savings Bank 9 4.72% $5,092
    Dollar Bank, Federal Savings Bank 9 4.43% $8,857
    EMBRACE HOME LOANS, INC. 9 3.84% $12,896
    Armed Forces Bank 8 4.61% $12,007
    FEDERATED MORTGAGE CORP. 8 5.77% $9,906
    MORTGAGE ACCESS CORP. 8 4.86% $11,211
    SWBC MORTGAGE CORPORATION 8 5.28% $8,381
    George Mason Mortgage, LLC 7 4.48% $9,651
    PATRIOT 7 4.84% $10,079
    MID AMERICA MORTGAGE, INC. 7 4.89% $3,775
    Gateway First Bank 7 4.41% $9,883
    Strong Home Mortgage, LLC 7 3.25% $9,045
    SOUTHERN TRUST MORTGAGE, LLC 7 4.18% $11,632
    GENEVA FINANCIAL, LLC 7 5.48% $11,060
    BAY CAPITAL MORTGAGE CORPORATION 7 4.48% $9,944
    ARC HOME LLC 7 3.62% $7,915
    TJC Mortgage, Inc. 7 4.30% $9,373
    Bank of England 7 5.13% $10,085
    NP, Inc. 7 3.25% $8,630
    JPMorgan Chase Bank 7 4.21% $14,547
    The Central Trust Bank 6 3.42% $10,747
    Orrstown Bank 6 4.90% $10,687
    HORIZON Federal Credit Union 6 4.69% $6,531
    KeyBank 6 4.23% $9,569
    THE MORTGAGE LINK, INC. 6 5.00% $10,427
    Plains Commerce Bank 6 4.58% $6,968
    Sail Mortgage Corp. 6 4.13% $12,127
    TBI MORTGAGE COMPANY 5 3.08% $17,064
    NATIONS DIRECT MORTGAGE, LLC 5 5.05% $8,256
    Northwest Bank 5 4.38% $9,170
    AMERICAN FINANCIAL RESOURCES, INC. 5 5.45% $6,499
    SOUTHPOINT FINANCIAL SERVICES, INC. 5 5.45% $5,056
    FIRST ALLIANCE HOME MORTGAGE, LLC 5 5.00% $10,559
    Paramount Bank 5 4.05% $8,433
    MICHIGAN MUTUAL, INC. 5 5.03% $7,410
    Mid Penn Bank 5 5.47% $12,316
    HOMESTEAD FUNDING CORP. 5 5.60% $4,937
    TOP FLITE FINANCIAL, INC. 5 5.35% $19,611
    Texana Bank 5 4.08% $12,142
    Alcova Mortgage LLC 4 5.88% $8,692
    Presidential Bank, FSB 4 5.09% $11,576
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 4.68% $11,063
    Quaint Oak Mortgage, LLC 4 5.91% $8,181
    BNC National Bank 4 3.72% $10,271
    NORWICH COMMERCIAL GROUP, INC. 4 5.03% $11,292
    Colonial Savings, F.A. 4 4.91% $14,250
    BAY EQUITY LLC 4 5.19% $15,071
    ABSOLUTE HOME MORTGAGE CORPORATION 4 4.50% $7,263
    Advisors Mortgage Group, L.L.C. 4 4.75% $8,954
    DRAPER AND KRAMER MORTGAGE CORP. 4 4.06% $11,296
    TOWNE MORTGAGE COMPANY 4 3.97% $8,004
    RESIDENTIAL HOME FUNDING CORP. 3 4.21% $9,958
    Evolve Bank & Trust 3 4.75% $6,083
    Farmers & Stockmens Bank 3 4.83% $26,231
    American Financial Mortgage Corporation 3 4.71% $10,546
    WesBanco Bank, Inc. 3 5.00% $7,321
    DIRECT MORTGAGE LOANS, LLC 3 5.42% $11,635
    GSF Mortgage Corporation 3 5.83% $9,727
    MEMBER FIRST MORTGAGE, LLC 3 4.29% $18,806
    MILEND, INC. 3 4.67% $10,526
    BAYSHORE MORTGAGE FUNDING, LLC 3 4.38% $16,739
    TD Bank 3 3.83% $10,699
    Mutual Federal Bank 3 5.96% $18,087
    First Federal Bank of Kansas City 3 4.58% $10,452
    ACADEMY MORTGAGE CORPORATION 3 4.21% $9,149
    1ST PREFERENCE MORTGAGE CORP. 3 5.00% $13,221
    Peoples Bank 3 4.91% $13,069
    First Home Bank 3 3.75% $12,665
    POLARIS HOME FUNDING CORP. 3 5.33% $15,316
    AmRes Corporation 2 5.06% $5,109
    NATIONWIDE MORTGAGE BANKERS, INC. 2 4.63% $7,037
    NATION ONE MORTGAGE CORPORATION 2 3.81% $3,991
    MLB RESIDENTIAL LENDING, LLC 2 5.38% $18,833
    Truist 2 4.51% $6,417
    Firstrust Savings Bank 2 4.00% $6,178
    CIS Financial Services, Inc. 2 4.38% $5,711
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 5.94% $15,489
    PANORAMA MORTGAGE GROUP, LLC 2 4.75% $8,961
    PARAGON HOME LOANS INC. 2 5.25% $10,540
    MDE Home Loans, LLC 2 5.00% $13,360
    Service Federal Credit Union 2 4.31% $6,395
    Fifth Third Bank 2 3.94% $5,117
    AmeriHome Mortgage Company, LLC 2 6.25% $12,509
    Watermark Capital, Inc. 2 4.00% $6,714
    First Federal Savings and Loan Association of Greene Co 2 3.20% $11,120
    PHH Mortgage Corporation 2 4.00% $9,212
    Philadelphia Mortgage Advisors, Inc. 2 3.50% $12,096
    PIKE CREEK MORTGAGE SERVICES, INC. 2 5.38% $10,855
    LEADERONE FINANCIAL CORPORATION 2 4.25% $17,838
    FIDELITY DIRECT MORTGAGE, LLC 2 4.06% $10,998
    RUOFF MORTGAGE COMPANY, INC. 2 4.94% $3,992
    First Option Mortgage, LLC 2 4.81% $15,830
    EVANSVILLE TEACHERS 2 6.00% $12,534
    Farmers and Merchants Trust Company of Chambersburg 2 4.25% $12,802
    Bank of America 2 4.56% $3,063
    KELLER MORTGAGE, LLC 2 4.69% $7,163
    Wilmington Savings Fund Society, FSB 2 2.94% $5,712
    CityWorth Mortgage LLC 2 4.25% $11,750
    Residential Mortgage Solutions, Inc. 2 4.75% $21,464
    STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 2 4.75% $6,380
    Florida Capital Bank 2 4.44% $14,021
    Northeast Equitable Mortgage, LLC 2 4.75% $13,030
    ZILLOW HOME LOANS, LLC 1 3.38% $15,432
    Academy Bank 1 2.50% $2,783
    AMCAP MORTGAGE, LTD. 1 4.63% $7,214
    Ameris Bank 1 4.13% $4,185
    APEX HOME LOANS, INC. 1 5.13% $5,352
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 5.25% $15,288
    Atlantic Coast Mortgage, LLC 1 5.25% $7,154
    Atlantic Union Bank 1 7.13% $1,695
    BELCO COMMUNITY CREDIT UNION 1 6.13% $3,951
    BELEM SERVICING LLC 1 3.25% $17,721
    Blue Ridge Bank 1 3.00% $3,870
    BOND STREET MORTGAGE, LLC 1 3.25% $17,427
    Capital Bank 1 2.37% $3,412
    CBM Mortgage, Inc. 1 5.75% $18,478
    CLIFFCO, INC. 1 6.25% $14,831
    Commerce Home Mortgage, Inc. 1 2.75% $4,333
    Community Bank 1 5.13% $4,154
    Community First National Bank 1 5.25% $29,747
    Credence Funding Corporation 1 3.75% $9,679
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 4.25% $5,827
    FEDERATED LENDING CORPORATION 1 6.63% $12,126
    FEDEX EMPLOYEES CREDIT ASSOCIATION 1 3.13% $9,341
    FirstBank 1 2.50% $251
    First Columbia Bank & Trust Co. 1 3.88% $12,529
    FIRST COMMUNITY MORTGAGE, INC. 1 4.75% $8,960
    First Federal Bank of the Midwest 1 5.25% $5,982
    First Financial Bank 1 6.75% $32,263
    First United Bank and Trust Company 1 5.63% $10,003
    First Western Trust Bank 1 4.50% $150
    FLAT BRANCH MORTGAGE, INC. 1 4.63% $25,590
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.13% $12,297
    Hometown Equity Mortgage, LLC 1 4.88% $6,776
    INLAND BANK & TRUST 1 5.13% $17,643
    INTERCAP LENDING INC. 1 4.38% $3,897
    Ixonia Bank 1 5.75% $7,585
    JET DIRECT FUNDING CORP 1 4.38% $7,910
    LADERA LENDING, INC. 1 5.25% $8,898
    Leader Bank 1 5.50% $5,535
    LIBERTY HOME MORTGAGE CORPORATION 1 2.25% $9,583
    MEMBER ADVANTAGE MORTGAGE, LLC 1 4.25% $5,587
    MORIA DEVELOPMENT, INC. 1 4.88% $16,398
    MY MORTGAGE, INC. 1 6.75% $12,130
    NATIONS RELIABLE LENDING, LLC 1 5.50% $8,655
    NBH Bank 1 3.99% $8,242
    NJ LENDERS CORP. 1 2.75% $5,744
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 4.13% $7,500
    OCMBC, INC. 1 4.75% $13,291
    PINNACLE MORTGAGE, INC. 1 3.25% $23,829
    Prime Choice Funding Inc. 1 3.25% $9,353
    PULTE MORTGAGE LLC 1 2.88% $14,761
    Republic Bank 1 6.25% $15,313
    RESIDENTIAL HOME MORTGAGE CORPORATION 1 2.88% $6,266
    Sandy Spring Bank 1 4.50% $6,563
    Semper Home Loans, Inc. 1 5.75% $6,411
    Shore United Bank 1 5.75% $13,835
    SOUTHWEST STAGE FUNDING, LLC 1 3.88% $3,509
    STEARNS LENDING, LLC 1 3.00% $6,157
    Stride Bank 1 3.25% $12,978
    SUMMIT FUNDING, INC. 1 5.00% $6,607
    The Farmers National Bank of Canfield 1 6.50% $3,059
    UNITED MORTGAGE CORP. 1 7.13% $11,085
    US MORTGAGE CORPORATION 1 4.63% $13,699
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 4.63% $2,125
    Waterstone Mortgage Corporation 1 5.63% $9,105
    Willamette Valley Bank 1 5.25% $17,970
    1ST FINANCIAL, INC. 1 5.13% $6,609

    The top Pennsylvania VA lender as defined by loan originations is Mortgage Research Center, LLC, with 2,068 VA loans originated. Their average total fees are $7,049, which is $3,444 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Pennsylvania VA lenders (with over 10 loans originated) are DEVELOPER'S MORTGAGE COMPANY ($5,478), CHERRY CREEK MORTGAGE, LLC ($5,526), Wells Fargo Bank ($5,616), Lakeview Community Capital, LLC ($6,007) and PREMIA MORTGAGE, LLC ($6,559).

    The lowest rate Pennsylvania VA lenders (with over 10 loans originated) are First Guaranty Mortgage Corporation (3.27%), PENNYMAC LOAN SERVICES, LLC (3.43%), NBKC BANK (3.45%), LAKEVIEW LOAN SERVICING, LLC (3.69%) and Lakeview Community Capital, LLC (3.78%).

    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.