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 6.7% for the week of 2023-12-01, compared to the national average (all VA variants) of 6.774% for the same period.

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

The average rate for the prior week (2023-11-24) was 6.54% and one month ago for the week of 2023-10-27, the average rate was 7.27%.

The average rate one year ago was 6.36%.

For refis of the same type during the week of 2023-12-01, the average rate was 5.29%.

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 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.