Muskogee VA Loan Rates, Closing Costs & Stats

Muskogee, 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.

    Muskogee's 31 lenders originated 105 VA loans during 2023. The total origination value was $23,775,000, with an average VA loan value of $226,429.

    Muskogee VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Muskogee averaged 6.58% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Muskogee's average VA mortgage closing costs are $4,554.

    The average rate for the prior week (2025-02-07) was 6.41% and one month ago for the week of 2025-01-10, the average rate was 6.85%.

    The average rate one year ago was 6.37%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.23%.

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

    Muskogee 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 Muskogee level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 23 6.99% $3,980
    American Bank of Oklahoma 15 6.26% $5,750
    AXIA FINANCIAL, LLC 9 6.55% $6,620
    QUICKEN LOANS, LLC 5 6.42% $11,580
    FREEDOM MORTGAGE CORPORATION 4 6.63% $13,173
    NAVY FEDERAL CREDIT UNION 3 5.88% $4,802
    Arvest Bank 3 6.13% $4,206
    FLAT BRANCH MORTGAGE, INC. 3 6.71% $4,189
    NEW DAY FINANCIAL, LLC 3 7.58% $7,756
    USAA Federal Savings Bank 3 6.54% $5,612
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.69% $5,739
    GUILD MORTGAGE COMPANY 2 7.13% $12,366
    BancFirst 2 6.69% $6,370
    First United Bank and Trust Company 2 5.75% $12,008
    The Federal Savings Bank 1 6.25% $11,728
    UNITED WHOLESALE MORTGAGE, LLC 1 5.63% $13,826
    AMCAP MORTGAGE, LTD. 1 6.25% $7,880
    VILLAGE CAPITAL MORTGAGE 1 5.75% $9,478
    AMERICAN FINANCIAL NETWORK, INC. 1 7.75% $2,923
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.25% $4,429
    Armstrong Bank 1 6.63% $3,658
    ASSOCIATED MORTGAGE CORPORATION 1 6.25% $6,056
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $13,432
    Firstar Bank 1 7.38% $2,545
    GUARANTEED RATE, INC. 1 6.75% $2,553
    LOANPAL, LLC 1 6.38% $12,679
    Nations Lending Corporation 1 7.75% $26,894
    OPEN MORTGAGE, LLC 1 8.25% $0
    Plains Commerce Bank 1 5.88% $4,711
    Stride Bank 1 6.75% $999
    The Central Trust Bank 1 5.13% $1,989

    The top Muskogee VA lender as defined by loan originations is Mortgage Research Center, LLC, with 23 VA loans originated. Their average total fees are $3,980, which is $1,770 lower than the next largest lender, American Bank of Oklahoma.

    The lowest fee Muskogee VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,980), American Bank of Oklahoma ($5,750), .

    The lowest rate Muskogee VA lenders (with over 10 loans originated) are American Bank of Oklahoma (6.26%), Mortgage Research Center, LLC (6.99%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Muskogee (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 $113,500 (7.9%) $135,301 (-3.3%) 0.00 191
    2018-02-01 $107,000 (-1.8%) $133,716 (-4.5%) 0.00 178
    2018-03-01 $107,500 (-2.3%) $135,058 (-2.1%) 0.00 181
    2018-04-01 $116,000 (5.0%) $143,626 (5.8%) 0.00 178
    2018-05-01 $114,900 (4.3%) $138,673 (0.0%) 0.00 187
    2018-06-01 $110,000 (0.4%) $138,904 (4.6%) 0.00 188
    2018-07-01 $114,950 (2.6%) $143,567 (9.8%) 0.00 190
    2018-08-01 $113,950 (-2.2%) $142,599 (3.1%) 0.00 190
    2018-09-01 $119,000 (3.5%) $148,670 (13.2%) 0.00 202
    2018-10-01 $115,975 (2.1%) $143,614 (8.7%) 0.00 218
    2018-11-01 $114,975 (3.1%) $142,249 (6.3%) 0.00 205
    2018-12-01 $110,000 (-4.4%) $140,340 (2.4%) 0.00 184
    2019-01-01 $113,750 (0.2%) $138,986 (2.7%) 0.00 187
    2019-02-01 $115,000 (7.5%) $144,465 (8.0%) 0.00 186
    2019-03-01 $117,786 (9.6%) $148,796 (10.2%) 0.00 180
    2019-04-01 $124,550 (7.4%) $150,103 (4.5%) 0.00 174
    2019-05-01 $116,350 (1.3%) $142,529 (2.8%) 0.00 179
    2019-06-01 $119,900 (9.0%) $144,330 (3.9%) 0.00 172
    2019-07-01 $117,950 (2.6%) $146,354 (1.9%) 0.00 173
    2019-08-01 $121,123 (6.3%) $150,715 (5.7%) 0.00 183
    2019-09-01 $125,807 (5.7%) $154,132 (3.7%) 0.00 168
    2019-10-01 $128,930 (11.2%) $156,411 (8.9%) 0.00 155
    2019-11-01 $129,900 (13.0%) $163,003 (14.6%) 0.00 156
    2019-12-01 $129,882 (18.1%) $165,975 (18.3%) 0.00 146
    2020-01-01 $133,325 (17.2%) $170,363 (22.6%) 0.00 122
    2020-02-01 $134,950 (17.4%) $165,357 (14.5%) 0.00 135
    2020-03-01 $135,000 (14.6%) $174,273 (17.1%) 0.00 110
    2020-04-01 $140,625 (12.9%) $180,841 (20.5%) 0.00 109
    2020-05-01 $139,950 (20.3%) $185,735 (30.3%) 0.00 91
    2020-06-01 $141,725 (18.2%) $185,926 (28.8%) 0.00 92
    2020-07-01 $152,450 (29.3%) $202,721 (38.5%) 0.00 90
    2020-08-01 $135,000 (11.5%) $192,933 (28.0%) 0.00 78
    2020-09-01 $137,150 (9.0%) $196,491 (27.5%) 0.00 78
    2020-10-01 $135,500 (5.1%) $188,653 (20.6%) 0.00 87
    2020-11-01 $133,725 (2.9%) $184,837 (13.4%) 0.00 99
    2020-12-01 $134,900 (3.9%) $175,499 (5.7%) 0.00 90
    2021-01-01 $139,900 (4.9%) $171,865 (0.9%) 0.00 82
    2021-02-01 $124,950 (-7.4%) $165,397 (0.0%) 0.00 69
    2021-03-01 $89,950 (-33.4%) $155,217 (-10.9%) 0.00 60
    2021-04-01 $101,875 (-27.6%) $164,044 (-9.3%) 0.00 62
    2021-05-01 $82,000 (-41.4%) $156,618 (-15.7%) 0.00 57
    2021-06-01 $126,225 (-10.9%) $164,466 (-11.5%) 0.00 64
    2021-07-01 $134,950 (-11.5%) $173,554 (-14.4%) 0.00 76
    2021-08-01 $129,175 (-4.3%) $170,755 (-11.5%) 0.00 78
    2021-09-01 $119,625 (-12.8%) $153,557 (-21.9%) 0.00 103
    2021-10-01 $119,000 (-12.2%) $157,653 (-16.4%) 0.00 109
    2021-11-01 $114,225 (-14.6%) $161,707 (-12.5%) 0.00 95
    2021-12-01 $121,575 (-9.9%) $163,839 (-6.6%) 0.00 93
    2022-01-01 $116,950 (-16.4%) $173,534 (1.0%) 0.00 78
    2022-02-01 $133,975 (7.2%) $188,931 (14.2%) 0.00 67
    2022-03-01 $135,750 (50.9%) $192,666 (24.1%) 0.00 64
    2022-04-01 $175,000 (71.8%) $206,037 (25.6%) 0.00 70
    2022-05-01 $185,000 (125.6%) $213,329 (36.2%) 0.00 89
    2022-06-01 $201,226 (59.4%) $235,901 (43.4%) 0.00 92
    2022-07-01 $206,504 (53.0%) $231,323 (33.3%) 0.00 118
    2022-08-01 $209,331 (62.1%) $243,691 (42.7%) 0.00 143
    2022-09-01 $211,000 (76.4%) $236,542 (54.0%) 0.00 144
    2022-10-01 $204,990 (72.3%) $235,517 (49.4%) 0.00 142
    2022-11-01 $194,365 (70.2%) $236,673 (46.4%) 0.00 151
    2022-12-01 $189,990 (56.3%) $238,395 (45.5%) 0.00 132
    2023-01-01 $194,990 (66.7%) $243,755 (40.5%) 0.00 127
    2023-02-01 $194,990 (45.5%) $235,120 (24.5%) 0.00 140
    2023-03-01 $194,990 (43.6%) $247,987 (28.7%) 0.00 135
    2023-04-01 $204,745 (17.0%) $259,769 (26.1%) 0.00 132
    2023-05-01 $207,276 (12.0%) $265,037 (24.2%) 0.00 137
    2023-06-01 $203,550 (1.2%) $253,436 (7.4%) 0.00 139
    2023-07-01 $209,850 (1.6%) $262,120 (13.3%) 0.00 129
    2023-08-01 $197,445 (-5.7%) $251,792 (3.3%) 0.00 128
    2023-09-01 $194,995 (-7.6%) $250,160 (5.8%) 0.00 129
    2023-10-01 $184,990 (-9.8%) $221,936 (-5.8%) 0.00 153
    2023-11-01 $186,468 (-4.1%) $227,059 (-4.1%) 0.00 166
    2023-12-01 $187,990 (-1.1%) $225,467 (-5.4%) 0.00 147
    2024-01-01 $189,198 (-3.0%) $226,105 (-7.2%) 0.00 138
    2024-02-01 $188,870 (-3.1%) $235,322 (0.1%) 0.00 122
    2024-03-01 $194,990 (0.0%) $233,831 (-5.7%) 0.00 115
    2024-04-01 $199,005 (-2.8%) $258,023 (-0.7%) 0.00 122
    2024-05-01 $201,653 (-2.7%) $269,975 (1.9%) 0.00 127
    2024-06-01 $194,363 (-4.5%) $246,616 (-2.7%) 0.00 139
    2024-07-01 $187,000 (-10.9%) $232,882 (-11.2%) 0.00 162
    2024-08-01 $188,070 (-4.8%) $226,435 (-10.1%) 0.00 168
    2024-09-01 $174,475 (-10.5%) $215,206 (-14.0%) 0.00 179
    2024-10-01 $165,000 (-10.8%) $205,206 (-7.5%) 0.00 164
    2024-11-01 $179,000 (-4.0%) $214,237 (-5.7%) 0.00 177
    2024-12-01 $178,200 (-5.2%) $224,891 (-0.3%) 0.00 177
    2025-01-01 $166,000 (-12.3%) $224,739 (-0.6%) 0.00 166
    Muskogee's median listing price for 2025-01-01 was $166,000, a difference of $-23,198 (-12.3%) versus the prior year and $-12,200 versus the prior month.

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

    Muskogee's average listing price for 2025-01-01 was $224,739, a difference of $-1,366 (-0.6%) versus the prior year and $-152 versus the prior month.

    For the 2025-01-01 period, Muskogee had 166 MLS listings, a difference of -11 listings (-6%) versus the prior month and 28 listings (20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Muskogee (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,608 sqft
    2018-02-01 0 days 1,592 sqft
    2018-03-01 0 days 1,666 sqft
    2018-04-01 0 days 1,710 sqft
    2018-05-01 0 days 1,669 sqft
    2018-06-01 0 days 1,694 sqft
    2018-07-01 0 days 1,688 sqft
    2018-08-01 0 days 1,683 sqft
    2018-09-01 0 days 1,652 sqft
    2018-10-01 0 days 1,615 sqft
    2018-11-01 0 days 1,576 sqft
    2018-12-01 0 days 1,537 sqft
    2019-01-01 0 days 1,583 sqft
    2019-02-01 0 days 1,617 sqft
    2019-03-01 0 days 1,614 sqft
    2019-04-01 0 days 1,617 sqft
    2019-05-01 0 days 1,593 sqft
    2019-06-01 0 days 1,624 sqft
    2019-07-01 0 days 1,649 sqft
    2019-08-01 0 days 1,623 sqft
    2019-09-01 0 days 1,665 sqft
    2019-10-01 0 days 1,671 sqft
    2019-11-01 0 days 1,604 sqft
    2019-12-01 0 days 1,596 sqft
    2020-01-01 0 days 1,627 sqft
    2020-02-01 0 days 1,623 sqft
    2020-03-01 0 days 1,601 sqft
    2020-04-01 0 days 1,640 sqft
    2020-05-01 0 days 1,639 sqft
    2020-06-01 0 days 1,650 sqft
    2020-07-01 0 days 1,675 sqft
    2020-08-01 0 days 1,637 sqft
    2020-09-01 0 days 1,637 sqft
    2020-10-01 0 days 1,600 sqft
    2020-11-01 0 days 1,628 sqft
    2020-12-01 0 days 1,547 sqft
    2021-01-01 0 days 1,543 sqft
    2021-02-01 0 days 1,502 sqft
    2021-03-01 0 days 1,400 sqft
    2021-04-01 0 days 1,473 sqft
    2021-05-01 0 days 1,425 sqft
    2021-06-01 0 days 1,520 sqft
    2021-07-01 0 days 1,508 sqft
    2021-08-01 0 days 1,469 sqft
    2021-09-01 0 days 1,426 sqft
    2021-10-01 0 days 1,371 sqft
    2021-11-01 0 days 1,366 sqft
    2021-12-01 0 days 1,368 sqft
    2022-01-01 0 days 1,369 sqft
    2022-02-01 0 days 1,472 sqft
    2022-03-01 0 days 1,521 sqft
    2022-04-01 0 days 1,560 sqft
    2022-05-01 0 days 1,441 sqft
    2022-06-01 0 days 1,442 sqft
    2022-07-01 0 days 1,543 sqft
    2022-08-01 0 days 1,569 sqft
    2022-09-01 0 days 1,576 sqft
    2022-10-01 0 days 1,550 sqft
    2022-11-01 0 days 1,641 sqft
    2022-12-01 0 days 1,599 sqft
    2023-01-01 0 days 1,587 sqft
    2023-02-01 0 days 1,548 sqft
    2023-03-01 0 days 1,566 sqft
    2023-04-01 0 days 1,574 sqft
    2023-05-01 0 days 1,637 sqft
    2023-06-01 0 days 1,590 sqft
    2023-07-01 0 days 1,600 sqft
    2023-08-01 0 days 1,617 sqft
    2023-09-01 0 days 1,587 sqft
    2023-10-01 0 days 1,516 sqft
    2023-11-01 0 days 1,484 sqft
    2023-12-01 0 days 1,485 sqft
    2024-01-01 0 days 1,466 sqft
    2024-02-01 0 days 1,457 sqft
    2024-03-01 0 days 1,502 sqft
    2024-04-01 0 days 1,502 sqft
    2024-05-01 0 days 1,526 sqft
    2024-06-01 0 days 1,517 sqft
    2024-07-01 0 days 1,510 sqft
    2024-08-01 0 days 1,467 sqft
    2024-09-01 0 days 1,437 sqft
    2024-10-01 0 days 1,405 sqft
    2024-11-01 0 days 1,435 sqft
    2024-12-01 0 days 1,455 sqft
    2025-01-01 0 days 1,501 sqft
    Muskogee's median listing age (time on market) for 2025-01-01 was 0 days.

    Muskogee's median square footage for active listings during the 2025-01-01 period was 1,501 sqft. One year prior, the average listing was 1,466 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.