Ada VA Loan Rates, Closing Costs & Stats

Ada, OK

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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.

    Ada's 19 lenders originated 32 VA loans during 2024. The total origination value was $6,870,000, with an average VA loan value of $214,688.

    Ada VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Ada averaged 6.86% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Ada's average VA mortgage closing costs are $4,741.

    The average rate for the prior week (2025-05-16) was 6.75% and one month ago for the week of 2025-04-18, the average rate was 6.62%.

    The average rate one year ago was 6.83%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.32%.

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

    Ada 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 Ada level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 6 6.10% $5,129
    Gateway First Bank 4 6.59% $9,940
    GUILD MORTGAGE COMPANY 3 6.71% $6,670
    USAA Federal Savings Bank 2 7.06% $3,688
    FREEDOM MORTGAGE CORPORATION 1 6.88% $2,244
    LOANDEPOT.COM, LLC 1 6.63% $6,339
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $0
    Mr. Cooper ( Nationstar Mortgage ) 1 6.75% $4,131
    NEWREZ LLC 1 5.25% $9,435
    PENNYMAC LOAN SERVICES, LLC 1 5.25% $3,980
    PLAZA HOME MORTGAGE, INC. 1 6.13% $2,699
    QUICKEN LOANS, LLC 1 5.49% $7,950
    ROYAL UNITED MORTGAGE LLC 1 7.25% $11,358
    UNITED WHOLESALE MORTGAGE, LLC 1 6.75% $12,345
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.13% $18,370
    Waterstone Mortgage Corporation 1 7.25% $0
    Carrington Mortgage Services, LLC 1 5.75% $13,788
    CORNERSTONE HOME LENDING, INC. 1 6.13% $8,614
    First United Bank and Trust Company 1 6.88% $3,276

    The top Ada VA lender as defined by loan originations is Mortgage Research Center, LLC, with 6 VA loans originated. Their average total fees are $5,129, which is $4,812 lower than the next largest lender, Gateway First Bank.

    The lowest fee Ada VA lenders (with over 10 loans originated) are .

    The lowest rate Ada VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Ada (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $158,900 (10.7%) $203,975 (9.5%) 0.00 146
    2018-02-01 $151,000 (10.5%) $201,861 (18.6%) 0.00 141
    2018-03-01 $154,500 (5.0%) $199,552 (16.0%) 0.00 150
    2018-04-01 $152,450 (-1.7%) $196,581 (10.5%) 0.00 163
    2018-05-01 $152,425 (-3.1%) $187,886 (3.6%) 0.00 169
    2018-06-01 $152,250 (-8.4%) $184,399 (-1.9%) 0.00 180
    2018-07-01 $154,750 (-0.1%) $184,858 (0.4%) 0.00 201
    2018-08-01 $149,925 (0.0%) $178,449 (-3.3%) 0.00 211
    2018-09-01 $150,000 (1.4%) $178,672 (-4.0%) 0.00 211
    2018-10-01 $149,500 (-6.5%) $173,389 (-14.9%) 0.00 208
    2018-11-01 $144,825 (-6.6%) $168,608 (-14.8%) 0.00 194
    2018-12-01 $144,900 (-6.5%) $170,361 (-16.8%) 0.00 166
    2019-01-01 $142,200 (-10.5%) $171,727 (-15.8%) 0.00 150
    2019-02-01 $136,650 (-9.5%) $175,502 (-13.1%) 0.00 133
    2019-03-01 $141,471 (-8.4%) $182,279 (-8.7%) 0.00 132
    2019-04-01 $149,450 (-2.0%) $192,885 (-1.9%) 0.00 139
    2019-05-01 $150,000 (-1.6%) $192,848 (2.6%) 0.00 148
    2019-06-01 $154,950 (1.8%) $199,214 (8.0%) 0.00 152
    2019-07-01 $169,000 (9.2%) $199,320 (7.8%) 0.00 160
    2019-08-01 $161,382 (7.6%) $192,658 (8.0%) 0.00 155
    2019-09-01 $156,105 (4.1%) $186,407 (4.3%) 0.00 147
    2019-10-01 $152,586 (2.1%) $181,873 (4.9%) 0.00 140
    2019-11-01 $157,500 (8.8%) $181,011 (7.4%) 0.00 136
    2019-12-01 $138,150 (-4.7%) $168,453 (-1.1%) 0.00 143
    2020-01-01 $133,975 (-5.8%) $168,585 (-1.8%) 0.00 140
    2020-02-01 $129,500 (-5.2%) $168,129 (-4.2%) 0.00 134
    2020-03-01 $115,475 (-18.4%) $147,165 (-19.3%) 0.00 137
    2020-04-01 $124,125 (-17.0%) $154,464 (-19.9%) 0.00 133
    2020-05-01 $120,000 (-20.0%) $155,903 (-19.2%) 0.00 98
    2020-06-01 $118,750 (-23.4%) $146,475 (-26.5%) 0.00 108
    2020-07-01 $99,675 (-41.0%) $146,421 (-26.5%) 0.00 108
    2020-08-01 $109,900 (-31.9%) $145,684 (-24.4%) 0.00 100
    2020-09-01 $113,250 (-27.5%) $151,053 (-19.0%) 0.00 92
    2020-10-01 $114,500 (-25.0%) $160,456 (-11.8%) 0.00 103
    2020-11-01 $107,000 (-32.1%) $156,799 (-13.4%) 0.00 100
    2020-12-01 $120,600 (-12.7%) $166,478 (-1.2%) 0.00 93
    2021-01-01 $109,900 (-18.0%) $163,146 (-3.2%) 0.00 79
    2021-02-01 $104,675 (-19.2%) $178,922 (6.4%) 0.00 69
    2021-03-01 $97,200 (-15.8%) $179,707 (22.1%) 0.00 55
    2021-04-01 $106,075 (-14.5%) $209,493 (35.6%) 0.00 45
    2021-05-01 $123,500 (2.9%) $200,982 (28.9%) 0.00 41
    2021-06-01 $157,175 (32.4%) $222,798 (52.1%) 0.00 51
    2021-07-01 $172,400 (73.0%) $238,274 (62.7%) 0.00 60
    2021-08-01 $189,875 (72.8%) $245,368 (68.4%) 0.00 79
    2021-09-01 $199,925 (76.5%) $256,499 (69.8%) 0.00 84
    2021-10-01 $215,000 (87.8%) $270,231 (68.4%) 0.00 75
    2021-11-01 $215,000 (100.9%) $279,046 (78.0%) 0.00 62
    2021-12-01 $232,000 (92.4%) $358,250 (115.2%) 0.00 57
    2022-01-01 $219,400 (99.6%) $371,947 (128.0%) 0.00 55
    2022-02-01 $194,823 (86.1%) $360,056 (101.2%) 0.00 50
    2022-03-01 $179,450 (84.6%) $357,106 (98.7%) 0.00 46
    2022-04-01 $240,000 (126.3%) $370,931 (77.1%) 0.00 53
    2022-05-01 $244,475 (98.0%) $395,362 (96.7%) 0.00 59
    2022-06-01 $244,500 (55.6%) $371,933 (66.9%) 0.00 64
    2022-07-01 $260,000 (50.8%) $351,431 (47.5%) 0.00 60
    2022-08-01 $247,250 (30.2%) $348,438 (42.0%) 0.00 66
    2022-09-01 $251,950 (26.0%) $330,415 (28.8%) 0.00 69
    2022-10-01 $234,950 (9.3%) $322,129 (19.2%) 0.00 74
    2022-11-01 $236,200 (9.9%) $327,475 (17.4%) 0.00 88
    2022-12-01 $246,500 (6.3%) $403,449 (12.6%) 0.00 88
    2023-01-01 $227,600 (3.7%) $362,904 (-2.4%) 0.00 87
    2023-02-01 $259,500 (33.2%) $308,875 (-14.2%) 0.00 71
    2023-03-01 $247,000 (37.6%) $283,473 (-20.6%) 0.00 68
    2023-04-01 $249,500 (4.0%) $355,674 (-4.1%) 0.00 68
    2023-05-01 $265,000 (8.4%) $373,256 (-5.6%) 0.00 80
    2023-06-01 $256,725 (5.0%) $373,569 (0.4%) 0.00 79
    2023-07-01 $269,900 (3.8%) $392,444 (11.7%) 0.00 73
    2023-08-01 $209,250 (-15.4%) $335,288 (-3.8%) 0.00 91
    2023-09-01 $203,450 (-19.3%) $325,171 (-1.6%) 0.00 100
    2023-10-01 $201,225 (-14.4%) $267,308 (-17.0%) 0.00 92
    2023-11-01 $218,000 (-7.7%) $272,517 (-16.8%) 0.00 98
    2023-12-01 $222,450 (-9.8%) $291,199 (-27.8%) 0.00 94
    2024-01-01 $213,000 (-6.4%) $301,593 (-16.9%) 0.00 83
    2024-02-01 $228,450 (-12.0%) $316,200 (2.4%) 0.00 79
    2024-03-01 $226,000 (-8.5%) $335,642 (18.4%) 0.00 81
    2024-04-01 $243,975 (-2.2%) $346,712 (-2.5%) 0.00 82
    2024-05-01 $248,750 (-6.1%) $320,241 (-14.2%) 0.00 87
    2024-06-01 $249,000 (-3.0%) $313,263 (-16.1%) 0.00 92
    2024-07-01 $217,467 (-19.4%) $302,593 (-22.9%) 0.00 99
    2024-08-01 $230,000 (9.9%) $305,780 (-8.8%) 0.00 115
    2024-09-01 $237,225 (16.6%) $310,413 (-4.5%) 0.00 113
    2024-10-01 $247,475 (23.0%) $309,073 (15.6%) 0.00 119
    2024-11-01 $248,950 (14.2%) $296,091 (8.7%) 0.00 130
    2024-12-01 $259,000 (16.4%) $306,459 (5.2%) 0.00 124
    2025-01-01 $272,500 (27.9%) $313,093 (3.8%) 0.00 127
    2025-02-01 $270,125 (18.2%) $308,535 (-2.4%) 0.00 117
    2025-03-01 $268,450 (18.8%) $292,901 (-12.7%) 0.00 116
    2025-04-01 $255,000 (4.5%) $293,777 (-15.3%) 0.00 111
    Ada's median listing price for 2025-04-01 was $255,000, a difference of $11,025 (4.5%) versus the prior year and $-13,450 versus the prior month.

    Ada's median listing price comes in at 0% of the national average.

    Ada's average listing price for 2025-04-01 was $293,777, a difference of $-52,935 (-15.3%) versus the prior year and $876 versus the prior month.

    For the 2025-04-01 period, Ada had 111 MLS listings, a difference of -5 listings (-4%) versus the prior month and 29 listings (35%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ada (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,748 sqft
    2018-02-01 0 days 1,666 sqft
    2018-03-01 0 days 1,674 sqft
    2018-04-01 0 days 1,718 sqft
    2018-05-01 0 days 1,734 sqft
    2018-06-01 0 days 1,764 sqft
    2018-07-01 0 days 1,823 sqft
    2018-08-01 0 days 1,795 sqft
    2018-09-01 0 days 1,794 sqft
    2018-10-01 0 days 1,759 sqft
    2018-11-01 0 days 1,767 sqft
    2018-12-01 0 days 1,796 sqft
    2019-01-01 0 days 1,789 sqft
    2019-02-01 0 days 1,804 sqft
    2019-03-01 0 days 1,819 sqft
    2019-04-01 0 days 1,833 sqft
    2019-05-01 0 days 1,821 sqft
    2019-06-01 0 days 1,845 sqft
    2019-07-01 0 days 1,890 sqft
    2019-08-01 0 days 1,844 sqft
    2019-09-01 0 days 1,775 sqft
    2019-10-01 0 days 1,722 sqft
    2019-11-01 0 days 1,795 sqft
    2019-12-01 0 days 1,728 sqft
    2020-01-01 0 days 1,700 sqft
    2020-02-01 0 days 1,702 sqft
    2020-03-01 0 days 1,620 sqft
    2020-04-01 0 days 1,651 sqft
    2020-05-01 0 days 1,584 sqft
    2020-06-01 0 days 1,523 sqft
    2020-07-01 0 days 1,530 sqft
    2020-08-01 0 days 1,520 sqft
    2020-09-01 0 days 1,558 sqft
    2020-10-01 0 days 1,504 sqft
    2020-11-01 0 days 1,462 sqft
    2020-12-01 0 days 1,635 sqft
    2021-01-01 0 days 1,388 sqft
    2021-02-01 0 days 1,436 sqft
    2021-03-01 0 days 1,419 sqft
    2021-04-01 0 days 1,328 sqft
    2021-05-01 0 days 1,554 sqft
    2021-06-01 0 days 1,670 sqft
    2021-07-01 0 days 1,669 sqft
    2021-08-01 0 days 1,751 sqft
    2021-09-01 0 days 1,769 sqft
    2021-10-01 0 days 1,787 sqft
    2021-11-01 0 days 1,802 sqft
    2021-12-01 0 days 1,875 sqft
    2022-01-01 0 days 1,757 sqft
    2022-02-01 0 days 1,612 sqft
    2022-03-01 0 days 1,666 sqft
    2022-04-01 0 days 1,839 sqft
    2022-05-01 0 days 1,980 sqft
    2022-06-01 0 days 1,971 sqft
    2022-07-01 0 days 1,840 sqft
    2022-08-01 0 days 1,914 sqft
    2022-09-01 0 days 1,914 sqft
    2022-10-01 0 days 1,828 sqft
    2022-11-01 0 days 1,854 sqft
    2022-12-01 0 days 1,848 sqft
    2023-01-01 0 days 1,806 sqft
    2023-02-01 0 days 1,905 sqft
    2023-03-01 0 days 1,850 sqft
    2023-04-01 0 days 1,840 sqft
    2023-05-01 0 days 1,986 sqft
    2023-06-01 0 days 1,928 sqft
    2023-07-01 0 days 2,050 sqft
    2023-08-01 0 days 1,880 sqft
    2023-09-01 0 days 1,855 sqft
    2023-10-01 0 days 1,870 sqft
    2023-11-01 0 days 1,824 sqft
    2023-12-01 0 days 1,740 sqft
    2024-01-01 0 days 1,728 sqft
    2024-02-01 0 days 1,620 sqft
    2024-03-01 0 days 1,757 sqft
    2024-04-01 0 days 1,843 sqft
    2024-05-01 0 days 1,821 sqft
    2024-06-01 0 days 1,724 sqft
    2024-07-01 0 days 1,635 sqft
    2024-08-01 0 days 1,693 sqft
    2024-09-01 0 days 1,685 sqft
    2024-10-01 0 days 1,642 sqft
    2024-11-01 0 days 1,746 sqft
    2024-12-01 0 days 1,757 sqft
    2025-01-01 0 days 1,757 sqft
    2025-02-01 0 days 1,728 sqft
    2025-03-01 0 days 1,705 sqft
    2025-04-01 0 days 1,743 sqft
    Ada's median listing age (time on market) for 2025-04-01 was 0 days.

    Ada's median square footage for active listings during the 2025-04-01 period was 1,743 sqft. One year prior, the average listing was 1,843 sqft.

    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.