Ardmore VA Loan Rates, Closing Costs & Stats

Ardmore, 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.

    Ardmore's 23 lenders originated 52 VA loans during 2023. The total origination value was $14,400,000, with an average VA loan value of $276,923.

    Ardmore VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Ardmore averaged 6.52% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Ardmore's average VA mortgage closing costs are $5,820.

    The average rate for the prior week (2025-02-07) was 6.86% and one month ago for the week of 2025-01-10, the average rate was 6.89%.

    The average rate one year ago was 6.42%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.33%.

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

    Ardmore 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 Ardmore level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 15 6.72% $4,985
    QUICKEN LOANS, LLC 4 6.90% $15,383
    UNITED WHOLESALE MORTGAGE, LLC 3 6.24% $8,161
    NEWREZ LLC 2 6.50% $3,139
    PENNYMAC LOAN SERVICES, LLC 2 5.13% $20,252
    PLAZA HOME MORTGAGE, INC. 2 6.50% $12,851
    Barrington Bank & Trust Company, N.A. 2 7.00% $3,998
    Equity Prime Mortgage LLC 2 8.25% $7,272
    USAA Federal Savings Bank 2 5.81% $10,964
    NATIONS DIRECT MORTGAGE, LLC 2 6.88% $7,584
    NEW DAY FINANCIAL, LLC 2 7.31% $18,063
    SFMC, LP 1 5.75% $6,901
    LOANPAL, LLC 1 5.63% $18,239
    AMERISAVE MORTGAGE CORPORATION 1 6.38% $18,248
    Armed Forces Bank 1 5.75% $2,795
    BancFirst 1 6.88% $4,210
    CROSSCOUNTRY MORTGAGE, LLC 1 5.99% $10,438
    First United Bank and Trust Company 1 7.13% $19,194
    FREEDOM MORTGAGE CORPORATION 1 7.25% $19,712
    GERSHMAN INVESTMENT CORP. 1 7.13% $4,683
    GUARANTEED RATE, INC. 1 6.75% $725
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $11,394
    Mortgage Investment Services Corporation 1 7.25% $1,106

    The top Ardmore VA lender as defined by loan originations is Mortgage Research Center, LLC, with 15 VA loans originated. Their average total fees are $4,985, which is $10,398 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Ardmore VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,985), .

    The lowest rate Ardmore VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.72%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Ardmore (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 $161,225 (-1.8%) $219,854 (0.4%) 0.00 283
    2018-02-01 $159,900 (-5.8%) $215,070 (-2.1%) 0.00 287
    2018-03-01 $165,000 (-5.7%) $209,169 (-5.3%) 0.00 284
    2018-04-01 $169,900 (0.0%) $217,257 (-1.3%) 0.00 275
    2018-05-01 $169,950 (-2.9%) $223,081 (-1.0%) 0.00 277
    2018-06-01 $169,900 (-4.5%) $224,770 (-3.0%) 0.00 270
    2018-07-01 $169,400 (-5.8%) $219,671 (-6.4%) 0.00 260
    2018-08-01 $169,575 (-5.1%) $218,265 (-6.0%) 0.00 248
    2018-09-01 $165,000 (-6.3%) $216,030 (-7.0%) 0.00 250
    2018-10-01 $164,950 (-2.9%) $212,328 (-7.5%) 0.00 241
    2018-11-01 $162,150 (-4.6%) $205,806 (-10.7%) 0.00 241
    2018-12-01 $159,900 (-8.6%) $202,591 (-12.0%) 0.00 243
    2019-01-01 $156,150 (-3.2%) $212,801 (-3.2%) 0.00 240
    2019-02-01 $152,450 (-4.7%) $223,325 (3.8%) 0.00 221
    2019-03-01 $154,936 (-6.1%) $225,564 (7.8%) 0.00 220
    2019-04-01 $154,861 (-8.9%) $228,877 (5.4%) 0.00 219
    2019-05-01 $155,375 (-8.6%) $222,258 (-0.4%) 0.00 232
    2019-06-01 $151,950 (-10.6%) $223,323 (-0.6%) 0.00 217
    2019-07-01 $153,750 (-9.2%) $223,957 (2.0%) 0.00 212
    2019-08-01 $163,950 (-3.3%) $239,170 (9.6%) 0.00 207
    2019-09-01 $170,025 (3.1%) $253,211 (17.2%) 0.00 198
    2019-10-01 $174,075 (5.5%) $265,325 (25.0%) 0.00 186
    2019-11-01 $164,400 (1.4%) $247,883 (20.4%) 0.00 188
    2019-12-01 $163,900 (2.5%) $242,439 (19.7%) 0.00 187
    2020-01-01 $171,075 (9.6%) $265,878 (24.9%) 0.00 161
    2020-02-01 $178,950 (17.4%) $268,005 (20.0%) 0.00 165
    2020-03-01 $172,700 (11.5%) $247,660 (9.8%) 0.00 166
    2020-04-01 $169,900 (9.7%) $254,407 (11.2%) 0.00 167
    2020-05-01 $189,000 (21.6%) $257,343 (15.8%) 0.00 159
    2020-06-01 $218,750 (44.0%) $276,694 (23.9%) 0.00 140
    2020-07-01 $222,200 (44.5%) $275,407 (23.0%) 0.00 134
    2020-08-01 $215,000 (31.1%) $264,241 (10.5%) 0.00 115
    2020-09-01 $172,475 (1.4%) $251,175 (-0.8%) 0.00 115
    2020-10-01 $154,900 (-11.0%) $265,597 (0.1%) 0.00 122
    2020-11-01 $135,725 (-17.4%) $229,403 (-7.5%) 0.00 108
    2020-12-01 $139,450 (-14.9%) $215,214 (-11.2%) 0.00 117
    2021-01-01 $132,000 (-22.8%) $211,806 (-20.3%) 0.00 109
    2021-02-01 $143,975 (-19.5%) $211,804 (-21.0%) 0.00 114
    2021-03-01 $145,000 (-16.0%) $227,191 (-8.3%) 0.00 101
    2021-04-01 $134,900 (-20.6%) $219,549 (-13.7%) 0.00 118
    2021-05-01 $165,000 (-12.7%) $245,288 (-4.7%) 0.00 117
    2021-06-01 $179,725 (-17.8%) $283,987 (2.6%) 0.00 127
    2021-07-01 $178,500 (-19.7%) $290,769 (5.6%) 0.00 116
    2021-08-01 $186,750 (-13.1%) $312,057 (18.1%) 0.00 112
    2021-09-01 $189,375 (9.8%) $368,517 (46.7%) 0.00 107
    2021-10-01 $185,000 (19.4%) $357,071 (34.4%) 0.00 117
    2021-11-01 $169,000 (24.5%) $391,103 (70.5%) 0.00 107
    2021-12-01 $185,100 (32.7%) $436,233 (102.7%) 0.00 83
    2022-01-01 $160,000 (21.2%) $411,325 (94.2%) 0.00 82
    2022-02-01 $159,500 (10.8%) $439,516 (107.5%) 0.00 80
    2022-03-01 $207,875 (43.4%) $492,365 (116.7%) 0.00 72
    2022-04-01 $168,000 (24.5%) $396,883 (80.8%) 0.00 75
    2022-05-01 $189,500 (14.9%) $347,790 (41.8%) 0.00 75
    2022-06-01 $196,625 (9.4%) $336,953 (18.7%) 0.00 92
    2022-07-01 $199,000 (11.5%) $345,555 (18.8%) 0.00 97
    2022-08-01 $189,500 (1.5%) $292,362 (-6.3%) 0.00 114
    2022-09-01 $189,000 (-0.2%) $311,447 (-15.5%) 0.00 114
    2022-10-01 $196,500 (6.2%) $287,388 (-19.5%) 0.00 124
    2022-11-01 $199,900 (18.3%) $259,714 (-33.6%) 0.00 133
    2022-12-01 $214,900 (16.1%) $272,511 (-37.5%) 0.00 130
    2023-01-01 $209,450 (30.9%) $291,371 (-29.2%) 0.00 109
    2023-02-01 $174,500 (9.4%) $313,670 (-28.6%) 0.00 106
    2023-03-01 $205,750 (-1.0%) $325,484 (-33.9%) 0.00 111
    2023-04-01 $229,450 (36.6%) $338,071 (-14.8%) 0.00 105
    2023-05-01 $222,725 (17.5%) $351,318 (1.0%) 0.00 100
    2023-06-01 $247,500 (25.9%) $368,508 (9.4%) 0.00 104
    2023-07-01 $234,000 (17.6%) $361,603 (4.6%) 0.00 99
    2023-08-01 $236,000 (24.5%) $335,959 (14.9%) 0.00 125
    2023-09-01 $230,000 (21.7%) $334,652 (7.5%) 0.00 145
    2023-10-01 $217,875 (10.9%) $332,143 (15.6%) 0.00 156
    2023-11-01 $212,375 (6.2%) $316,725 (22.0%) 0.00 154
    2023-12-01 $219,900 (2.3%) $330,925 (21.4%) 0.00 156
    2024-01-01 $218,675 (4.4%) $320,814 (10.1%) 0.00 166
    2024-02-01 $206,950 (18.6%) $312,753 (-0.3%) 0.00 167
    2024-03-01 $199,000 (-3.3%) $305,432 (-6.2%) 0.00 166
    2024-04-01 $225,000 (-1.9%) $306,525 (-9.3%) 0.00 179
    2024-05-01 $223,100 (0.2%) $302,975 (-13.8%) 0.00 207
    2024-06-01 $214,900 (-13.2%) $296,272 (-19.6%) 0.00 223
    2024-07-01 $212,950 (-9.0%) $301,387 (-16.7%) 0.00 241
    2024-08-01 $227,500 (-3.6%) $299,755 (-10.8%) 0.00 238
    2024-09-01 $229,875 (-0.1%) $292,738 (-12.5%) 0.00 255
    2024-10-01 $235,308 (8.0%) $291,874 (-12.1%) 0.00 232
    2024-11-01 $230,000 (8.3%) $276,784 (-12.6%) 0.00 228
    2024-12-01 $236,950 (7.8%) $292,625 (-11.6%) 0.00 213
    2025-01-01 $245,000 (12.0%) $302,230 (-5.8%) 0.00 196
    Ardmore's median listing price for 2025-01-01 was $245,000, a difference of $26,325 (12.0%) versus the prior year and $8,050 versus the prior month.

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

    Ardmore's average listing price for 2025-01-01 was $302,230, a difference of $-18,584 (-5.8%) versus the prior year and $9,605 versus the prior month.

    For the 2025-01-01 period, Ardmore had 196 MLS listings, a difference of -17 listings (-8%) versus the prior month and 30 listings (18%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ardmore (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,797 sqft
    2018-02-01 0 days 1,790 sqft
    2018-03-01 0 days 1,810 sqft
    2018-04-01 0 days 1,861 sqft
    2018-05-01 0 days 1,814 sqft
    2018-06-01 0 days 1,849 sqft
    2018-07-01 0 days 1,876 sqft
    2018-08-01 0 days 1,874 sqft
    2018-09-01 0 days 1,856 sqft
    2018-10-01 0 days 1,806 sqft
    2018-11-01 0 days 1,759 sqft
    2018-12-01 0 days 1,748 sqft
    2019-01-01 0 days 1,752 sqft
    2019-02-01 0 days 1,770 sqft
    2019-03-01 0 days 1,757 sqft
    2019-04-01 0 days 1,745 sqft
    2019-05-01 0 days 1,745 sqft
    2019-06-01 0 days 1,745 sqft
    2019-07-01 0 days 1,782 sqft
    2019-08-01 0 days 1,811 sqft
    2019-09-01 0 days 1,829 sqft
    2019-10-01 0 days 1,864 sqft
    2019-11-01 0 days 1,816 sqft
    2019-12-01 0 days 1,740 sqft
    2020-01-01 0 days 1,765 sqft
    2020-02-01 0 days 1,912 sqft
    2020-03-01 0 days 1,832 sqft
    2020-04-01 0 days 1,934 sqft
    2020-05-01 0 days 2,003 sqft
    2020-06-01 0 days 2,061 sqft
    2020-07-01 0 days 2,095 sqft
    2020-08-01 0 days 2,064 sqft
    2020-09-01 0 days 1,725 sqft
    2020-10-01 0 days 1,725 sqft
    2020-11-01 0 days 1,569 sqft
    2020-12-01 0 days 1,611 sqft
    2021-01-01 0 days 1,616 sqft
    2021-02-01 0 days 1,588 sqft
    2021-03-01 0 days 1,617 sqft
    2021-04-01 0 days 1,587 sqft
    2021-05-01 0 days 1,685 sqft
    2021-06-01 0 days 1,756 sqft
    2021-07-01 0 days 1,732 sqft
    2021-08-01 0 days 1,804 sqft
    2021-09-01 0 days 1,789 sqft
    2021-10-01 0 days 1,779 sqft
    2021-11-01 0 days 1,728 sqft
    2021-12-01 0 days 1,789 sqft
    2022-01-01 0 days 1,728 sqft
    2022-02-01 0 days 1,660 sqft
    2022-03-01 0 days 1,822 sqft
    2022-04-01 0 days 1,805 sqft
    2022-05-01 0 days 1,682 sqft
    2022-06-01 0 days 1,614 sqft
    2022-07-01 0 days 1,620 sqft
    2022-08-01 0 days 1,602 sqft
    2022-09-01 0 days 1,660 sqft
    2022-10-01 0 days 1,647 sqft
    2022-11-01 0 days 1,647 sqft
    2022-12-01 0 days 1,736 sqft
    2023-01-01 0 days 1,703 sqft
    2023-02-01 0 days 1,599 sqft
    2023-03-01 0 days 1,658 sqft
    2023-04-01 0 days 1,667 sqft
    2023-05-01 0 days 1,699 sqft
    2023-06-01 0 days 1,692 sqft
    2023-07-01 0 days 1,692 sqft
    2023-08-01 0 days 1,743 sqft
    2023-09-01 0 days 1,767 sqft
    2023-10-01 0 days 1,592 sqft
    2023-11-01 0 days 1,634 sqft
    2023-12-01 0 days 1,736 sqft
    2024-01-01 0 days 1,646 sqft
    2024-02-01 0 days 1,608 sqft
    2024-03-01 0 days 1,632 sqft
    2024-04-01 0 days 1,692 sqft
    2024-05-01 0 days 1,726 sqft
    2024-06-01 0 days 1,704 sqft
    2024-07-01 0 days 1,714 sqft
    2024-08-01 0 days 1,721 sqft
    2024-09-01 0 days 1,675 sqft
    2024-10-01 0 days 1,738 sqft
    2024-11-01 0 days 1,724 sqft
    2024-12-01 0 days 1,801 sqft
    2025-01-01 0 days 1,835 sqft
    Ardmore's median listing age (time on market) for 2025-01-01 was 0 days.

    Ardmore's median square footage for active listings during the 2025-01-01 period was 1,835 sqft. One year prior, the average listing was 1,646 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.