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 7.16% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.89% and one month ago for the week of 2024-03-15, the average rate was 6.46%.

    The average rate one year ago was 6.35%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.12%.

    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 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.