Pennsylvania VA Loan Rates, Closing Costs & Stats

Pennsylvania

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 6.6% for the week of 2024-05-10, compared to the national average (all VA variants) of 6.593% for the same period.

Pennsylvania's average VA mortgage closing costs are $6,667.

The average rate for the prior week (2024-05-03) was 6.73% and one month ago for the week of 2024-04-05, the average rate was 6.53%.

The average rate one year ago was 6.4%.

For refis of the same type during the week of 2024-05-10, the average rate was 6.96%.

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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 1,588 6.79% $6,459
QUICKEN LOANS, LLC 485 6.27% $11,804
UNITED WHOLESALE MORTGAGE, LLC 398 6.36% $9,795
NAVY FEDERAL CREDIT UNION 344 5.89% $6,803
NEW DAY FINANCIAL, LLC 216 7.43% $13,039
CROSSCOUNTRY MORTGAGE, LLC 203 6.58% $10,220
USAA Federal Savings Bank 197 6.30% $8,999
FREEDOM MORTGAGE CORPORATION 175 6.57% $16,910
PENNYMAC LOAN SERVICES, LLC 133 5.61% $9,199
LOANDEPOT.COM, LLC 121 6.36% $12,727
Citizens Bank 110 6.24% $11,214
GUARANTEED RATE, INC. 107 6.14% $8,591
MOVEMENT MORTGAGE, LLC 107 6.56% $9,983
The Federal Savings Bank 88 6.36% $17,779
NVR Mortgage Finance, Inc. 85 5.59% $9,340
GUILD MORTGAGE COMPANY 81 6.54% $11,386
Mr. Cooper ( Nationstar Mortgage ) 75 6.03% $14,688
NEWREZ LLC 69 6.64% $11,675
CMG MORTGAGE, INC. 63 6.57% $11,408
VILLAGE CAPITAL MORTGAGE 62 6.32% $10,115
Barrington Bank & Trust Company, N.A. 59 6.42% $8,535
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 57 6.56% $8,362
PENTAGON FEDERAL CREDIT UNION 57 5.75% $9,912
UNION HOME MORTGAGE CORP. 56 6.57% $10,669
Prosperity Home Mortgage, LLC 55 6.40% $9,303
PRIMELENDING, A PLAINSCAPITAL COMPANY 50 6.61% $5,811
GUARANTEED RATE AFFINITY, LLC 45 6.47% $6,463
BROKER SOLUTIONS, INC. 43 6.66% $12,539
CARDINAL FINANCIAL 43 6.40% $10,316
Mortgage America, Inc. 43 6.44% $10,098
Northpointe Bank 42 6.39% $9,638
HOWARD HANNA FINANCIAL SERVICES, INC. 39 6.43% $10,264
Century Mortgage Company DBA Century Lending Company 38 6.70% $7,379
PLAZA HOME MORTGAGE, INC. 38 6.41% $10,132
Equity Prime Mortgage LLC 38 6.96% $9,221
EMM LOANS LLC 38 6.31% $11,879
Wells Fargo Bank 36 5.97% $9,454
Mid-Continent Funding, Inc. 33 6.53% $10,597
EQUITY RESOURCES, INC. 32 6.47% $7,311
AMERISAVE MORTGAGE CORPORATION 32 5.98% $16,427
AFFORDABLE MORTGAGE ADVISORS, LLC. 30 6.80% $10,316
TIDEWATER MORTGAGE SERVICES, INC. 29 6.67% $10,545
Flagstar Bank, FSB 29 6.50% $7,958
York Traditions Bank 28 6.36% $9,981
Magnolia Bank 27 6.30% $19,635
DHI MORTGAGE COMPANY, LTD. 27 5.60% $9,817
PLANET HOME LENDING, LLC 26 6.54% $11,251
RELIANCE FIRST CAPITAL, LLC 26 6.19% $15,355
NFM, INC. 25 6.12% $11,655
STOCKTON MORTGAGE CORPORATION 25 6.59% $9,807
ARK-LA-TEX FINANCIAL SERVICES, LLC. 24 6.35% $9,753
MUTUAL OF OMAHA MORTGAGE, INC. 23 6.74% $14,783
NBKC BANK 22 6.13% $7,171
Univest Bank and Trust Co. 20 6.45% $9,209
PNC Bank 20 6.68% $8,874
CALIBER HOME LOANS, INC. 20 6.03% $10,231
Integrity Home Mortgage Corp 19 6.71% $8,989
Keystone Funding, Inc. 18 6.24% $11,214
Ixonia Bank 18 7.19% $9,690
U.S. Bank 18 6.31% $10,939
Paramount Residential Mortgage Group, Inc. 18 6.38% $9,512
First National Bank of Pennsylvania 17 6.08% $9,355
WEST PENN FINANCIAL SERVICE CENTER, INC. 17 6.31% $8,074
The Huntington National Bank 17 6.51% $7,060
AMERICAN FINANCIAL NETWORK, INC. 17 6.61% $14,350
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 17 6.40% $14,114
ALLIED MORTGAGE GROUP, INC. 15 6.66% $10,107
GREENTREE MORTGAGE COMPANY, L.P. 15 6.26% $9,429
MORTGAGE SOLUTIONS OF COLORADO, LLC 14 7.64% $5,414
First Federal Bank 14 6.51% $10,205
Homesale Mortgage, LLC 13 6.75% $10,740
SUCCESS MORTGAGE PARTNERS, INC. 13 6.52% $11,580
Meridian Bank Corporation 12 6.20% $9,660
LAKEVIEW LOAN SERVICING, LLC 12 6.22% $12,441
EAGLE HOME MORTGAGE, LLC 12 5.72% $8,213
Fulton Bank 11 6.26% $8,673
MEMBERS 1ST FEDERAL CREDIT UNION 11 6.33% $7,666
Victorian Finance, LLC 11 6.33% $10,162
PRIMARY RESIDENTIAL MORTGAGE, INC. 11 6.64% $9,601
CONTOUR MORTGAGE CORPORATION 11 6.43% $16,013
MICHIGAN MUTUAL, INC. 11 6.08% $7,625
Northwest Bank 10 6.01% $7,318
Nations Lending Corporation 10 6.60% $11,978
HOMESPIRE MORTGAGE CORPORATION 10 6.90% $7,821
JPMorgan Chase Bank 10 5.97% $6,885
BAY EQUITY LLC 10 6.43% $9,519
HOMEBRIDGE FINANCIAL SERVICES, INC. 10 6.39% $10,535
First Commonwealth Bank 10 5.86% $9,747
DRAPER AND KRAMER MORTGAGE CORP. 10 6.76% $7,331
Summit Mortgage Corporation 9 6.60% $8,363
SUN WEST MORTGAGE COMPANY, INC. 9 6.57% $10,201
DEVELOPER'S MORTGAGE COMPANY 9 6.65% $9,824
TOWNE MORTGAGE COMPANY 9 5.97% $10,405
NORWICH COMMERCIAL GROUP, INC. 9 6.74% $8,560
M&T Bank 9 6.44% $3,932
SWBC MORTGAGE CORPORATION 8 6.55% $8,823
NATIONS DIRECT MORTGAGE, LLC 8 6.67% $11,097
Union Savings Bank 8 6.42% $2,763
FIRST HOME MORTGAGE CORPORATION 8 6.61% $9,023
MORTGAGE ACCESS CORP. 8 6.23% $11,145
AmeriHome Mortgage Company, LLC 8 6.17% $14,239
FIRST ALLIANCE HOME MORTGAGE, LLC 8 7.00% $12,310
ROYAL UNITED MORTGAGE LLC 8 6.84% $13,898
BNC National Bank 8 5.56% $9,091
Towne Bank 8 6.56% $11,000
Quaint Oak Mortgage, LLC 7 6.52% $12,057
GSF Mortgage Corporation 7 7.11% $7,734
SOVEREIGN LENDING GROUP INCORPORATED 7 5.45% $17,422
CHURCHILL MORTGAGE CORPORATION 7 6.43% $12,538
LOANPAL, LLC 7 6.37% $9,134
AMERICAN PACIFIC MORTGAGE CORPORATION 7 7.14% $11,547
GUARANTY HOME MORTGAGE CORPORATION 7 6.20% $8,137
MILEND, INC. 7 6.93% $13,819
Plains Commerce Bank 7 6.45% $6,764
EMBRACE HOME LOANS, INC. 7 6.28% $13,612
AMERICAN FINANCIAL RESOURCES, INC. 6 6.98% $11,328
FIRST COMMUNITY MORTGAGE, INC. 6 6.92% $12,946
PARAGON HOME LOANS INC. 6 7.27% $10,788
Princeton Mortgage Corporation 6 6.50% $8,229
George Mason Mortgage, LLC 6 6.94% $8,314
HOMEAMERICAN MORTGAGE CORPORATION 6 5.42% $5,712
Alcova Mortgage LLC 6 6.52% $7,912
Foote Capital Mortgage Company 5 6.48% $13,569
NJ LENDERS CORP. 5 6.30% $9,350
WesBanco 5 6.08% $8,051
ARC HOME LLC 5 5.93% $8,542
HomePromise Corporation 5 7.10% $16,286
FEDERATED MORTGAGE CORP. 5 7.08% $9,675
Farmers and Merchants Trust Company of Chambersburg 5 6.40% $7,744
ABSOLUTE HOME MORTGAGE CORPORATION 5 7.07% $10,607
RADIUS FINANCIAL GROUP INC. 5 7.17% $12,611
Carrington Mortgage Services, LLC 5 5.70% $12,610
Advisors Mortgage Group, L.L.C. 5 6.43% $10,525
BAY CAPITAL MORTGAGE CORPORATION 4 6.16% $16,974
Acre Mortgage and Financial Inc 4 7.06% $15,190
AMCAP MORTGAGE, LTD. 4 6.78% $15,153
Bank of America 4 6.50% $13,131
CHERRY CREEK MORTGAGE, LLC 4 6.50% $6,573
FIRST COLONY MORTGAGE CORPORATION 4 6.91% $4,867
FIRST HERITAGE FINANCIAL, LLC 4 6.28% $7,920
GoPrime Mortgage, Inc. 4 7.00% $8,230
HOMESTEAD FUNDING CORP. 4 6.22% $7,019
KeyBank 4 6.38% $4,896
NATIONWIDE MORTGAGE BANKERS, INC. 4 6.91% $23,109
Philadelphia Mortgage Advisors, Inc. 4 6.72% $11,133
PREMIA MORTGAGE, LLC 4 5.97% $3,779
Presidential Bank, FSB 4 6.59% $10,263
Sail Mortgage Corp. 4 6.47% $9,434
Sierra Pacific Mortgage Company, Inc. 4 6.56% $12,102
Waterstone Mortgage Corporation 4 6.28% $4,797
PULTE MORTGAGE LLC 3 6.79% $12,617
The Ephrata National Bank 3 7.00% $9,647
AMERICAN FINANCING CORPORATION 3 6.16% $9,002
Huntingdon Valley Bank 3 6.50% $11,362
Residential Mortgage Solutions, Inc. 3 7.33% $11,443
First Federal Bank of Kansas City 3 7.08% $1,794
Orrstown Bank 3 6.33% $8,544
PANORAMA MORTGAGE GROUP, LLC 3 6.83% $9,825
Bank of England 3 5.67% $10,201
Atlantic Coast Mortgage, LLC 3 5.75% $15,568
Armed Forces Bank 3 6.46% $8,665
Wilmington Savings Fund Society, FSB 3 6.46% $9,859
NETWORK CAPITAL FUNDING CORPORATION 3 5.71% $12,727
EVERETT FINANCIAL, INC. 3 7.04% $3,543
Ameris Bank 3 6.38% $10,948
ENVOY MORTGAGE, LTD 3 6.71% $13,924
MORTGAGEONE, INC. 3 8.00% $10,744
PATRIOT 3 5.67% $6,664
MCLEAN MORTGAGE CORPORATION 3 5.63% $8,067
DIRECT MORTGAGE LOANS, LLC 2 6.56% $12,217
DAS Acquisition Company, LLC 2 6.94% $3,267
First Heritage Mortgage, LLC 2 6.13% $10,175
TBI MORTGAGE COMPANY 2 5.94% $10,728
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.31% $13,627
Mid Penn Bank 2 6.19% $17,560
First Savings Bank 2 7.25% $9,947
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 7.75% $9,217
The Loan Store, Inc. 2 6.37% $9,946
American Mortgage & Equity Consultants, Inc. 2 6.81% $10,960
HOMESIDE FINANCIAL, LLC 2 6.94% $12,827
ZILLOW HOME LOANS, LLC 2 7.19% $8,185
Strong Home Mortgage, LLC 2 6.75% $6,328
PACIFIC RESIDENTIAL MORTGAGE, LLC 2 6.50% $5,220
Community First National Bank 2 5.75% $7,083
SUMMIT FUNDING, INC. 2 7.25% $16,690
Truist 2 6.11% $9,286
Northeast Equitable Mortgage, LLC 2 6.00% $17,795
Wyndham Capital Mortgage, Inc. 1 6.13% $12,388
Service Federal Credit Union 1 5.50% $4,008
ACADEMY MORTGAGE CORPORATION 1 6.25% $4,642
SOUTHERN TRUST MORTGAGE, LLC 1 7.13% $8,101
SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.50% $6,176
CNB Bank Inc. 1 5.63% $6,501
City Bank 1 6.75% $10,123
Capital Bank 1 5.75% $10,732
Sunflower Bank 1 5.13% $10,758
CANOPY MORTGAGE, LLC 1 7.25% $9,112
BOND STREET MORTGAGE, LLC 1 7.25% $6,904
T2 FINANCIAL LLC 1 6.75% $9,655
TD Bank 1 5.75% $5,257
BLACK HILLS FEDERAL CREDIT UNION 1 5.88% $7,057
BAY-VALLEY MORTGAGE GROUP 1 6.75% $8,651
THRIVE MORTGAGE, LLC 1 7.63% $10,164
BAYCOAST MORTGAGE COMPANY, LLC 1 6.00% $3,311
TJC Mortgage, Inc. 1 5.75% $8,315
TOP FLITE FINANCIAL, INC. 1 6.75% $20,517
TOWN AND COUNTRY Credit Union 1 5.38% $6,753
1st Colonial Community Bank 1 7.88% $21,261
AXIA FINANCIAL, LLC 1 7.13% $8,300
AmRes Corporation 1 8.00% $4,971
AmeriServ Financial Bank 1 6.49% $3,578
US MORTGAGE CORPORATION 1 5.50% $17,015
Valley National Bank 1 6.49% $11,798
VAN DYK MORTGAGE CORPORATION 1 6.13% $4,348
MORIA DEVELOPMENT, INC. 1 6.63% $16,081
MLB RESIDENTIAL LENDING, LLC 1 7.13% $8,293
MID AMERICA MORTGAGE, INC. 1 5.63% $3,729
MEMBER FIRST MORTGAGE, LLC 1 7.13% $5,123
MDE Home Loans, LLC 1 6.13% $8,290
LAND HOME FINANCIAL SERVICES, INC. 1 6.75% $6,535
Lakeview Community Capital, LLC 1 7.25% $11,982
NATION ONE MORTGAGE CORPORATION 1 6.63% $20,067
Jonah Bank of Wyoming 1 6.50% $6,821
INTERNATIONAL CITY MORTGAGE, INC. 1 5.50% $7,614
AMERICAN HERITAGE FCU 1 5.75% $8,241
INTERCOASTAL MORTGAGE COMPANY 1 6.13% $17,126
Neighborhood Loans, Inc. 1 6.99% $3,313
Hometown Equity Mortgage, LLC 1 5.63% $8,271
Goldwater Bank, N.A. 1 6.50% $4,628
North American Savings Bank, F.S.B. 1 5.63% $12,539
Gateway First Bank 1 6.75% $3,060
First Western Trust Bank 1 5.88% $3,439
First United Bank and Trust Company 1 6.88% $8,178
Old National Bank 1 6.38% $9,037
Firstrust Savings Bank 1 6.50% $6,143
Paramount Bank 1 6.13% $16,150
First National Bank of Omaha 1 6.63% $8,118
First Federal Savings and Loan Association of Greene Co 1 6.70% $4,672
PHH Mortgage Corporation 1 6.99% $18,625
PIKE CREEK MORTGAGE SERVICES, INC. 1 5.75% $21,511
First Citizens Community Bank 1 6.75% $12,214
FIDELITY DIRECT MORTGAGE, LLC 1 7.13% $9,003
Farmers Bank & Trust 1 6.25% $6,339
POLARIS HOME FUNDING CORP. 1 6.63% $14,796
American Bank and Trust Company 1 6.63% $6,574
Evolve Bank & Trust 1 6.50% $0
Dollar Bank, Federal Savings Bank 1 6.38% $3,275
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.38% $4,792
Credence Funding Corporation 1 6.00% $3,756
Renasant Bank 1 6.25% $6,308
Republic Bank 1 7.13% $11,808
RESIDENTIAL HOME MORTGAGE CORPORATION 1 7.25% $7,038
RiverHills Bank 1 7.25% $7,182
ROSS MORTGAGE CORPORATION 1 6.38% $30,948
Cornerstone First Mortgage, Inc 1 6.50% $4,521

The top Pennsylvania VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,588 VA loans originated. Their average total fees are $6,459, which is $5,345 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Pennsylvania VA lenders (with over 10 loans originated) are MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,414), PRIMELENDING, A PLAINSCAPITAL COMPANY ($5,811), Mortgage Research Center, LLC ($6,459), GUARANTEED RATE AFFINITY, LLC ($6,463) and NAVY FEDERAL CREDIT UNION ($6,803).

The lowest rate Pennsylvania VA lenders (with over 10 loans originated) are NVR Mortgage Finance, Inc. (5.59%), DHI MORTGAGE COMPANY, LTD. (5.60%), PENNYMAC LOAN SERVICES, LLC (5.61%), EAGLE HOME MORTGAGE, LLC (5.72%) and PENTAGON FEDERAL CREDIT UNION (5.75%).

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.