Guymon VA Loan Rates, Closing Costs & Stats

Guymon, 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.

    Guymon's 8 lenders originated 10 VA loans during 2023. The total origination value was $2,430,000, with an average VA loan value of $243,000.

    Guymon VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Guymon averaged 6.21% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Guymon's average VA mortgage closing costs are $5,984.

    The average rate for the prior week (2024-12-06) was 6.14% and one month ago for the week of 2024-11-08, the average rate was 6.44%.

    The average rate one year ago was 6.89%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.08%.

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

    Guymon 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 Guymon level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 2 6.38% $9,420
    Mortgage Research Center, LLC 2 6.94% $7,793
    NAVY FEDERAL CREDIT UNION 1 7.38% $4,325
    The Federal Savings Bank 1 7.13% $16,645
    THRIVENT Federal Credit Union 1 6.50% $13,146
    CMG MORTGAGE, INC. 1 5.75% $9,337
    Wells Fargo Bank 1 6.63% $334
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.88% $1,944

    The top Guymon VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 2 VA loans originated. Their average total fees are $9,420, which is $1,627 higher than the next largest lender, Mortgage Research Center, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Guymon (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 $67,350 (-11.4%) $76,813 (1.1%) 0.00 3
    2018-02-01 $64,650 (-14.9%) $64,650 (-14.9%) 0.00 2
    2018-03-01 $79,300 (78.4%) $100,067 (125.2%) 0.00 3
    2018-04-01 $77,350 (74.0%) $96,450 (117.0%) 0.00 3
    2018-05-01 $139,975 (180.0%) $139,975 (102.3%) 0.00 1
    2018-06-01 $62,500 (6.4%) $96,500 (38.1%) 0.00 2
    2018-07-01 $52,000 (4.0%) $52,000 (-16.5%) 0.00 1
    2018-08-01 $84,500 (-2.0%) $77,167 (-7.4%) 0.00 3
    2018-09-01 $63,500 (-5.9%) $63,500 (-13.9%) 0.00 2
    2018-10-01 $71,000 (3.7%) $71,000 (-7.1%) 0.00 2
    2018-11-01 $70,000 (12.9%) $70,000 (-13.3%) 0.00 2
    2018-12-01 $70,000 (12.9%) $70,000 (-15.3%) 0.00 2
    2019-01-01 $70,000 (3.9%) $70,000 (-8.9%) 0.00 2
    2019-02-01 $70,000 (8.3%) $70,000 (8.3%) 0.00 2
    2019-03-01 $84,143 (6.1%) $88,524 (-11.5%) 0.00 3
    2019-04-01 $79,643 (3.0%) $72,024 (-25.3%) 0.00 3
    2019-05-01 $72,000 (-48.6%) $67,333 (-51.9%) 0.00 2
    2019-06-01 $115,000 (84.0%) $115,000 (19.2%) 0.00 2
    2019-07-01 $167,000 (221.2%) $167,000 (221.2%) 0.00 2
    2019-08-01 $202,455 (139.6%) $202,455 (162.4%) 0.00 2
    2019-09-01 $255,636 (302.6%) $255,636 (302.6%) 0.00 2
    2019-10-01 $204,591 (188.2%) $253,674 (257.3%) 0.00 3
    2019-11-01 $99,000 (41.4%) $222,167 (217.4%) 0.00 3
    2019-12-01 $99,000 (41.4%) $218,000 (211.4%) 0.00 3
    2020-01-01 $99,000 (41.4%) $218,000 (211.4%) 0.00 3
    2020-02-01 $109,475 (56.4%) $177,990 (154.3%) 0.00 4
    2020-03-01 $99,488 (18.2%) $161,429 (82.4%) 0.00 5
    2020-04-01 $95,750 (20.2%) $152,117 (111.2%) 0.00 6
    2020-05-01 $89,500 (24.3%) $96,350 (43.1%) 0.00 4
    2020-06-01 $88,250 (-23.3%) $93,900 (-18.4%) 0.00 4
    2020-07-01 $86,250 (-48.4%) $91,075 (-45.5%) 0.00 4
    2020-08-01 $76,250 (-62.3%) $76,250 (-62.3%) 0.00 3
    2020-09-01 $77,500 (-69.7%) $112,500 (-56.0%) 0.00 3
    2020-10-01 $77,500 (-62.1%) $77,500 (-69.5%) 0.00 1
    2020-11-01 $77,500 (-21.7%) $77,500 (-65.1%) 0.00 1
    2020-12-01 $77,500 (-21.7%) $77,500 (-64.5%) 0.00 1
    2021-01-01 $91,250 (-7.8%) $91,250 (-58.1%) 0.00 0
    2021-02-01 $350,000 (219.7%) $350,000 (96.6%) 0.00 1
    2021-03-01 $350,000 (251.8%) $350,000 (116.8%) 0.00 1
    2021-04-01 $340,000 (255.1%) $340,000 (123.5%) 0.00 1
    2021-05-01 $275,000 (207.3%) $275,000 (185.4%) 0.00 1
    2021-06-01 $169,000 (91.5%) $186,733 (98.9%) 0.00 3
    2021-07-01 $122,000 (41.5%) $148,500 (63.1%) 0.00 3
    2021-08-01 $69,000 (-9.5%) $137,667 (80.6%) 0.00 3
    2021-09-01 $275,000 (254.8%) $275,000 (144.4%) 0.00 1
    2021-10-01 $310,000 (300.0%) $352,000 (354.2%) 0.00 3
    2021-11-01 $261,250 (237.1%) $297,917 (284.4%) 0.00 6
    2021-12-01 $275,000 (254.8%) $312,000 (302.6%) 0.00 5
    2022-01-01 $325,000 (256.2%) $335,000 (267.1%) 0.00 4
    2022-02-01 $268,750 (-23.2%) $315,875 (-9.8%) 0.00 4
    2022-03-01 $270,875 (-22.6%) $325,563 (-7.0%) 0.00 4
    2022-04-01 $255,750 (-24.8%) $262,875 (-22.7%) 0.00 4
    2022-05-01 $235,000 (-14.6%) $204,225 (-25.7%) 0.00 4
    2022-06-01 $233,750 (38.3%) $230,025 (23.2%) 0.00 4
    2022-07-01 $250,000 (104.9%) $263,571 (77.5%) 0.00 3
    2022-08-01 $248,750 (260.5%) $344,841 (150.5%) 0.00 14
    2022-09-01 $270,000 (-1.8%) $371,033 (34.9%) 0.00 14
    2022-10-01 $248,000 (-20.0%) $335,281 (-4.8%) 0.00 19
    2022-11-01 $245,750 (-5.9%) $297,456 (-0.2%) 0.00 17
    2022-12-01 $225,000 (-18.2%) $279,250 (-10.5%) 0.00 17
    2023-01-01 $200,500 (-38.3%) $255,844 (-23.6%) 0.00 20
    2023-02-01 $215,000 (-20.0%) $266,648 (-15.6%) 0.00 22
    2023-03-01 $213,750 (-21.1%) $258,710 (-20.5%) 0.00 24
    2023-04-01 $215,000 (-15.9%) $256,529 (-2.4%) 0.00 30
    2023-05-01 $212,500 (-9.6%) $254,098 (24.4%) 0.00 32
    2023-06-01 $215,000 (-8.0%) $255,540 (11.1%) 0.00 29
    2023-07-01 $215,000 (-14.0%) $263,362 (-0.1%) 0.00 25
    2023-08-01 $220,000 (-11.6%) $255,577 (-25.9%) 0.00 32
    2023-09-01 $235,000 (-13.0%) $258,267 (-30.4%) 0.00 36
    2023-10-01 $235,000 (-5.2%) $244,172 (-27.2%) 0.00 45
    2023-11-01 $220,000 (-10.5%) $228,002 (-23.4%) 0.00 51
    2023-12-01 $225,000 (0.0%) $233,106 (-16.5%) 0.00 46
    2024-01-01 $225,000 (12.2%) $230,571 (-9.9%) 0.00 43
    2024-02-01 $225,000 (4.7%) $244,156 (-8.4%) 0.00 40
    2024-03-01 $235,000 (9.9%) $259,909 (0.5%) 0.00 42
    2024-04-01 $227,500 (5.8%) $272,827 (6.4%) 0.00 34
    2024-05-01 $245,000 (15.3%) $285,750 (12.5%) 0.00 37
    2024-06-01 $245,000 (14.0%) $286,743 (12.2%) 0.00 37
    2024-07-01 $246,000 (14.4%) $286,227 (8.7%) 0.00 36
    2024-08-01 $249,000 (13.2%) $286,568 (12.1%) 0.00 42
    2024-09-01 $246,000 (4.7%) $275,132 (6.5%) 0.00 57
    2024-10-01 $244,000 (3.8%) $268,534 (10.0%) 0.00 59
    2024-11-01 $244,500 (11.1%) $260,928 (14.4%) 0.00 52
    Guymon's median listing price for 2024-11-01 was $244,500, a difference of $24,500 (11.1%) versus the prior year and $500 versus the prior month.

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

    Guymon's average listing price for 2024-11-01 was $260,928, a difference of $32,926 (14.4%) versus the prior year and $-7,606 versus the prior month.

    For the 2024-11-01 period, Guymon had 52 MLS listings, a difference of -7 listings (-12%) versus the prior month and 1 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Guymon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,557 sqft
    2018-02-01 0 days 1,461 sqft
    2018-03-01 0 days 1,553 sqft
    2018-04-01 0 days 1,553 sqft
    2018-05-01 0 days 2,242 sqft
    2018-06-01 0 days 1,324 sqft
    2018-07-01 0 days 980 sqft
    2018-08-01 0 days 1,840 sqft
    2018-09-01 0 days 1,539 sqft
    2018-10-01 0 days 1,183 sqft
    2018-11-01 0 days 1,183 sqft
    2018-12-01 0 days 1,183 sqft
    2019-01-01 0 days 1,183 sqft
    2019-02-01 0 days 1,183 sqft
    2019-03-01 0 days 1,334 sqft
    2019-04-01 0 days 1,274 sqft
    2019-05-01 0 days 1,194 sqft
    2019-06-01 0 days 1,344 sqft
    2019-07-01 0 days 2,230 sqft
    2019-08-01 0 days 2,685 sqft
    2019-09-01 0 days 3,369 sqft
    2019-10-01 0 days 3,192 sqft
    2019-11-01 0 days 2,636 sqft
    2019-12-01 0 days 2,000 sqft
    2020-01-01 0 days 2,000 sqft
    2020-02-01 0 days 1,712 sqft
    2020-03-01 0 days 1,626 sqft
    2020-04-01 0 days 1,699 sqft
    2020-05-01 0 days 1,753 sqft
    2020-06-01 0 days 1,753 sqft
    2020-07-01 0 days 1,753 sqft
    2020-08-01 0 days 1,853 sqft
    2020-09-01 0 days 1,874 sqft
    2020-10-01 0 days 1,705 sqft
    2020-11-01 0 days 1,705 sqft
    2020-12-01 0 days 1,705 sqft
    2021-01-01 0 days 1,693 sqft
    2021-02-01 0 days 3,990 sqft
    2021-03-01 0 days 3,990 sqft
    2021-04-01 0 days 3,990 sqft
    2021-05-01 0 days 2,774 sqft
    2021-06-01 0 days 2,081 sqft
    2021-07-01 0 days 1,794 sqft
    2021-08-01 0 days 1,794 sqft
    2021-09-01 0 days 2,320 sqft
    2021-10-01 0 days 2,320 sqft
    2021-11-01 0 days 2,330 sqft
    2021-12-01 0 days 2,313 sqft
    2022-01-01 0 days 2,305 sqft
    2022-02-01 0 days 3,049 sqft
    2022-03-01 0 days 3,049 sqft
    2022-04-01 0 days 2,804 sqft
    2022-05-01 0 days 2,263 sqft
    2022-06-01 0 days 2,264 sqft
    2022-07-01 0 days 2,264 sqft
    2022-08-01 0 days 2,118 sqft
    2022-09-01 0 days 2,463 sqft
    2022-10-01 0 days 2,074 sqft
    2022-11-01 0 days 2,132 sqft
    2022-12-01 0 days 1,820 sqft
    2023-01-01 0 days 1,799 sqft
    2023-02-01 0 days 1,843 sqft
    2023-03-01 0 days 1,918 sqft
    2023-04-01 0 days 1,970 sqft
    2023-05-01 0 days 1,883 sqft
    2023-06-01 0 days 1,858 sqft
    2023-07-01 0 days 1,880 sqft
    2023-08-01 0 days 1,657 sqft
    2023-09-01 0 days 1,648 sqft
    2023-10-01 0 days 1,580 sqft
    2023-11-01 0 days 1,566 sqft
    2023-12-01 0 days 1,568 sqft
    2024-01-01 0 days 1,568 sqft
    2024-02-01 0 days 1,659 sqft
    2024-03-01 0 days 1,790 sqft
    2024-04-01 0 days 1,905 sqft
    2024-05-01 0 days 1,958 sqft
    2024-06-01 0 days 1,872 sqft
    2024-07-01 0 days 1,968 sqft
    2024-08-01 0 days 1,832 sqft
    2024-09-01 0 days 1,820 sqft
    2024-10-01 0 days 1,831 sqft
    2024-11-01 0 days 1,872 sqft
    Guymon's median listing age (time on market) for 2024-11-01 was 0 days.

    Guymon's median square footage for active listings during the 2024-11-01 period was 1,872 sqft. One year prior, the average listing was 1,566 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.