Oak Harbor VA Loan Rates, Closing Costs & Stats

Oak Harbor, WA

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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.

    Oak Harbor's 65 lenders originated 474 VA loans during 2024. The total origination value was $223,560,000, with an average VA loan value of $471,646.

    Oak Harbor VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Oak Harbor averaged 6.47% for the week of 2025-07-11, compared to the national average (all VA variants) of 6.37% for the same period.

    Oak Harbor's average VA mortgage closing costs are $8,203.

    The average rate for the prior week (2025-07-04) was 6.38% and one month ago for the week of 2025-06-06, the average rate was 6.65%.

    The average rate one year ago was 6.87%.

    For refis of the same type during the week of 2025-07-11, the average rate was 6.2%.

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

    Oak Harbor 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 Oak Harbor level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 52 5.77% $13,898
    UNITED WHOLESALE MORTGAGE, LLC 51 5.78% $9,394
    CMG MORTGAGE, INC. 45 6.02% $13,440
    Mortgage Research Center, LLC 39 6.17% $9,872
    ENVOY MORTGAGE, LTD 38 6.23% $12,917
    NAVY FEDERAL CREDIT UNION 37 5.88% $10,204
    Alaska USA Federal Credit Union 22 5.96% $7,868
    QUICKEN LOANS, LLC 18 5.86% $15,112
    FREEDOM MORTGAGE CORPORATION 14 6.21% $13,992
    PENNYMAC LOAN SERVICES, LLC 9 5.82% $7,144
    MOVEMENT MORTGAGE, LLC 6 6.54% $13,138
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 6.30% $13,432
    First Federal Bank 5 5.75% $10,458
    VILLAGE CAPITAL MORTGAGE 5 5.55% $6,057
    The Federal Savings Bank 4 6.28% $19,646
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.28% $8,971
    CORNERSTONE HOME LENDING, INC. 3 6.00% $14,972
    NEWREZ LLC 3 6.04% $11,299
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 5.88% $10,190
    USAA Federal Savings Bank 3 5.96% $12,613
    LAKEVIEW LOAN SERVICING, LLC 3 5.92% $6,324
    Banner Bank 3 5.63% $25,746
    LOANDEPOT.COM, LLC 3 4.83% $13,359
    NBKC BANK 3 5.79% $19,657
    BROKER SOLUTIONS, INC. 2 7.06% $11,296
    Flagstar Bank, FSB 2 5.89% $23,208
    CANOPY MORTGAGE, LLC 2 6.00% $13,656
    Carrington Mortgage Services, LLC 2 6.19% $13,824
    BAY EQUITY LLC 2 6.81% $12,203
    Barrington Bank & Trust Company, N.A. 2 6.25% $10,510
    CROSSCOUNTRY MORTGAGE, LLC 2 5.25% $22,648
    MLD MORTGAGE INC. 2 6.25% $8,651
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.38% $17,445
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.13% $14,040
    Umpqua Bank 2 6.00% $10,101
    T2 FINANCIAL LLC 2 6.50% $10,882
    SUN WEST MORTGAGE COMPANY, INC. 2 5.74% $5,970
    Paramount Residential Mortgage Group, Inc. 2 5.88% $11,982
    SUMMIT FUNDING, INC. 2 6.44% $14,702
    WHATCOM EDUCATIONAL CREDIT UNION 1 6.00% $2,965
    ALLIANT CREDIT UNION 1 5.75% $1,955
    Armed Forces Bank 1 5.25% $3,077
    Boeing Employees Credit Union 1 6.88% $0
    Century Mortgage Company DBA Century Lending Company 1 4.99% $19,424
    Cornerstone First Mortgage, Inc 1 6.63% $6,052
    DIRECTORS MORTGAGE, INC. 1 4.75% $19,472
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.63% $1,467
    INTELLILOAN, INC. 1 6.25% $1,502
    Ixonia Bank 1 6.63% $13,797
    KeyBank 1 5.38% $24,752
    LEADERONE FINANCIAL CORPORATION 1 5.99% $31,191
    Mr. Cooper ( Nationstar Mortgage ) 1 5.63% $17,677
    Nations Lending Corporation 1 6.75% $23,780
    NETWORK CAPITAL FUNDING CORPORATION 1 5.75% $23,605
    NEW DAY FINANCIAL, LLC 1 7.99% $7,925
    ON Q FINANCIAL, INC. 1 7.25% $9,718
    PENTAGON FEDERAL CREDIT UNION 1 6.13% $291
    Peoples Bank 1 6.50% $6,296
    PHH Mortgage Corporation 1 5.99% $2,124
    PREMIA MORTGAGE, LLC 1 5.99% $10,979
    SAMMAMISH MORTGAGE COMPANY 1 6.25% $9,213
    SCENIC OAKS FUNDING, INC. 1 6.25% $29,917
    The Loan Store, Inc. 1 4.75% $16,738
    UNION HOME MORTGAGE CORP. 1 6.25% $12,497
    Wells Fargo Bank 1 6.25% $17,741

    The top Oak Harbor VA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 52 VA loans originated. Their average total fees are $13,898, which is $4,504 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Oak Harbor VA lenders (with over 10 loans originated) are Alaska USA Federal Credit Union ($7,868), UNITED WHOLESALE MORTGAGE, LLC ($9,394), Mortgage Research Center, LLC ($9,872), NAVY FEDERAL CREDIT UNION ($10,204) and ENVOY MORTGAGE, LTD ($12,917).

    The lowest rate Oak Harbor VA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (5.77%), UNITED WHOLESALE MORTGAGE, LLC (5.78%), QUICKEN LOANS, LLC (5.86%), NAVY FEDERAL CREDIT UNION (5.88%) and Alaska USA Federal Credit Union (5.96%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Oak Harbor (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 $409,925 (5.2%) $598,723 (9.2%) 0.00 222
    2018-02-01 $405,738 (1.5%) $596,354 (3.9%) 0.00 212
    2018-03-01 $415,000 (3.1%) $627,566 (6.2%) 0.00 220
    2018-04-01 $428,975 (3.4%) $622,783 (1.5%) 0.00 250
    2018-05-01 $439,925 (1.8%) $644,290 (-2.6%) 0.00 248
    2018-06-01 $459,000 (7.1%) $655,047 (4.0%) 0.00 283
    2018-07-01 $459,000 (3.2%) $646,173 (5.0%) 0.00 324
    2018-08-01 $444,450 (0.4%) $626,404 (4.4%) 0.00 343
    2018-09-01 $438,500 (0.8%) $618,977 (3.5%) 0.00 360
    2018-10-01 $429,975 (2.4%) $614,022 (5.1%) 0.00 370
    2018-11-01 $432,000 (2.9%) $622,463 (9.3%) 0.00 340
    2018-12-01 $429,000 (3.4%) $591,618 (3.8%) 0.00 310
    2019-01-01 $402,450 (-1.8%) $575,513 (-3.9%) 0.00 298
    2019-02-01 $421,975 (4.0%) $576,757 (-3.3%) 0.00 273
    2019-03-01 $437,000 (5.3%) $595,588 (-5.1%) 0.00 278
    2019-04-01 $449,000 (4.7%) $610,777 (-1.9%) 0.00 294
    2019-05-01 $464,950 (5.7%) $626,809 (-2.7%) 0.00 318
    2019-06-01 $474,400 (3.4%) $621,861 (-5.1%) 0.00 337
    2019-07-01 $487,400 (6.2%) $657,760 (1.8%) 0.00 345
    2019-08-01 $484,927 (9.1%) $651,750 (4.1%) 0.00 366
    2019-09-01 $484,968 (10.6%) $640,585 (3.5%) 0.00 367
    2019-10-01 $487,250 (13.3%) $635,978 (3.6%) 0.00 364
    2019-11-01 $495,000 (14.6%) $639,667 (2.8%) 0.00 327
    2019-12-01 $481,000 (12.1%) $630,310 (6.5%) 0.00 266
    2020-01-01 $477,250 (18.6%) $630,893 (9.6%) 0.00 231
    2020-02-01 $486,950 (15.4%) $636,821 (10.4%) 0.00 207
    2020-03-01 $499,000 (14.2%) $650,301 (9.2%) 0.00 226
    2020-04-01 $499,500 (11.3%) $637,268 (4.3%) 0.00 237
    2020-05-01 $525,000 (12.9%) $672,461 (7.3%) 0.00 231
    2020-06-01 $528,249 (11.4%) $674,974 (8.5%) 0.00 219
    2020-07-01 $543,850 (11.6%) $706,818 (7.5%) 0.00 211
    2020-08-01 $582,500 (20.1%) $745,795 (14.4%) 0.00 182
    2020-09-01 $567,238 (17.0%) $779,383 (21.7%) 0.00 173
    2020-10-01 $549,000 (12.7%) $779,159 (22.5%) 0.00 169
    2020-11-01 $591,988 (19.6%) $868,586 (35.8%) 0.00 109
    2020-12-01 $587,850 (22.2%) $875,402 (38.9%) 0.00 81
    2021-01-01 $575,000 (20.5%) $849,699 (34.7%) 0.00 59
    2021-02-01 $574,500 (18.0%) $823,348 (29.3%) 0.00 60
    2021-03-01 $580,500 (16.3%) $848,874 (30.5%) 0.00 60
    2021-04-01 $599,900 (20.1%) $864,246 (35.6%) 0.00 70
    2021-05-01 $599,000 (14.1%) $846,803 (25.9%) 0.00 84
    2021-06-01 $625,000 (18.3%) $923,461 (36.8%) 0.00 100
    2021-07-01 $625,000 (14.9%) $883,824 (25.0%) 0.00 111
    2021-08-01 $601,238 (3.2%) $865,445 (16.0%) 0.00 122
    2021-09-01 $627,485 (10.6%) $871,126 (11.8%) 0.00 109
    2021-10-01 $599,950 (9.3%) $839,866 (7.8%) 0.00 103
    2021-11-01 $678,750 (14.7%) $904,871 (4.2%) 0.00 77
    2021-12-01 $602,475 (2.5%) $812,722 (-7.2%) 0.00 63
    2022-01-01 $650,000 (13.0%) $813,953 (-4.2%) 0.00 42
    2022-02-01 $660,500 (15.0%) $815,813 (-0.9%) 0.00 42
    2022-03-01 $712,350 (22.7%) $820,582 (-3.3%) 0.00 51
    2022-04-01 $665,000 (10.9%) $799,760 (-7.5%) 0.00 63
    2022-05-01 $687,500 (14.8%) $812,072 (-4.1%) 0.00 126
    2022-06-01 $713,000 (14.1%) $852,964 (-7.6%) 0.00 175
    2022-07-01 $699,000 (11.8%) $870,180 (-1.5%) 0.00 231
    2022-08-01 $756,988 (25.9%) $927,310 (7.2%) 0.00 229
    2022-09-01 $750,000 (19.5%) $940,895 (8.0%) 0.00 226
    2022-10-01 $704,500 (17.4%) $909,810 (8.3%) 0.00 229
    2022-11-01 $674,923 (-0.6%) $867,519 (-4.1%) 0.00 225
    2022-12-01 $650,000 (7.9%) $860,921 (5.9%) 0.00 176
    2023-01-01 $638,225 (-1.8%) $840,978 (3.3%) 0.00 155
    2023-02-01 $658,000 (-0.4%) $833,354 (2.2%) 0.00 133
    2023-03-01 $693,475 (-2.7%) $915,891 (11.6%) 0.00 133
    2023-04-01 $712,475 (7.1%) $998,916 (24.9%) 0.00 148
    2023-05-01 $799,250 (16.3%) $1,042,486 (28.4%) 0.00 178
    2023-06-01 $797,000 (11.8%) $1,057,236 (24.0%) 0.00 193
    2023-07-01 $750,000 (7.3%) $1,022,061 (17.5%) 0.00 202
    2023-08-01 $744,975 (-1.6%) $991,910 (7.0%) 0.00 203
    2023-09-01 $749,450 (-0.1%) $951,454 (1.1%) 0.00 209
    2023-10-01 $742,250 (5.4%) $937,959 (3.1%) 0.00 200
    2023-11-01 $693,000 (2.7%) $885,347 (2.1%) 0.00 204
    2023-12-01 $680,000 (4.6%) $874,132 (1.5%) 0.00 162
    2024-01-01 $708,500 (11.0%) $879,363 (4.6%) 0.00 136
    2024-02-01 $715,975 (8.8%) $931,637 (11.8%) 0.00 140
    2024-03-01 $765,000 (10.3%) $975,416 (6.5%) 0.00 148
    2024-04-01 $809,500 (13.6%) $958,463 (-4.1%) 0.00 222
    2024-05-01 $798,250 (-0.1%) $973,484 (-6.6%) 0.00 285
    2024-06-01 $875,000 (9.8%) $1,038,341 (-1.8%) 0.00 275
    2024-07-01 $839,500 (11.9%) $1,032,733 (1.0%) 0.00 296
    2024-08-01 $804,500 (8.0%) $1,025,790 (3.4%) 0.00 305
    2024-09-01 $819,500 (9.4%) $1,051,960 (10.6%) 0.00 301
    2024-10-01 $798,500 (7.6%) $1,085,512 (15.7%) 0.00 278
    2024-11-01 $750,000 (8.2%) $1,119,270 (26.4%) 0.00 255
    2024-12-01 $697,000 (2.5%) $1,053,336 (20.5%) 0.00 210
    2025-01-01 $697,000 (-1.6%) $1,046,309 (19.0%) 0.00 182
    2025-02-01 $712,475 (-0.5%) $1,048,153 (12.5%) 0.00 190
    2025-03-01 $715,000 (-6.5%) $1,027,337 (5.3%) 0.00 223
    2025-04-01 $746,536 (-7.8%) $1,028,094 (7.3%) 0.00 263
    2025-05-01 $799,000 (0.1%) $1,102,913 (13.3%) 0.00 345
    2025-06-01 $826,238 (-5.6%) $1,119,896 (7.9%) 0.00 388
    Oak Harbor's median listing price for 2025-06-01 was $826,238, a difference of $-48,762 (-5.6%) versus the prior year and $27,238 versus the prior month.

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

    Oak Harbor's average listing price for 2025-06-01 was $1,119,896, a difference of $81,555 (7.9%) versus the prior year and $16,983 versus the prior month.

    For the 2025-06-01 period, Oak Harbor had 388 MLS listings, a difference of 43 listings (12%) versus the prior month and 113 listings (41%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Oak Harbor (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,942 sqft
    2018-02-01 0 days 1,995 sqft
    2018-03-01 0 days 1,993 sqft
    2018-04-01 0 days 2,026 sqft
    2018-05-01 0 days 2,015 sqft
    2018-06-01 0 days 2,039 sqft
    2018-07-01 0 days 2,062 sqft
    2018-08-01 0 days 2,016 sqft
    2018-09-01 0 days 1,965 sqft
    2018-10-01 0 days 1,943 sqft
    2018-11-01 0 days 1,953 sqft
    2018-12-01 0 days 1,865 sqft
    2019-01-01 0 days 1,798 sqft
    2019-02-01 0 days 1,808 sqft
    2019-03-01 0 days 1,822 sqft
    2019-04-01 0 days 1,864 sqft
    2019-05-01 0 days 1,935 sqft
    2019-06-01 0 days 1,972 sqft
    2019-07-01 0 days 1,988 sqft
    2019-08-01 0 days 1,969 sqft
    2019-09-01 0 days 1,961 sqft
    2019-10-01 0 days 1,956 sqft
    2019-11-01 0 days 1,955 sqft
    2019-12-01 0 days 1,862 sqft
    2020-01-01 0 days 1,879 sqft
    2020-02-01 0 days 1,897 sqft
    2020-03-01 0 days 1,895 sqft
    2020-04-01 0 days 1,937 sqft
    2020-05-01 0 days 1,963 sqft
    2020-06-01 0 days 1,874 sqft
    2020-07-01 0 days 1,935 sqft
    2020-08-01 0 days 1,970 sqft
    2020-09-01 0 days 1,960 sqft
    2020-10-01 0 days 1,964 sqft
    2020-11-01 0 days 2,068 sqft
    2020-12-01 0 days 1,976 sqft
    2021-01-01 0 days 2,051 sqft
    2021-02-01 0 days 1,980 sqft
    2021-03-01 0 days 1,984 sqft
    2021-04-01 0 days 2,019 sqft
    2021-05-01 0 days 1,891 sqft
    2021-06-01 0 days 1,927 sqft
    2021-07-01 0 days 2,040 sqft
    2021-08-01 0 days 1,962 sqft
    2021-09-01 0 days 1,998 sqft
    2021-10-01 0 days 2,007 sqft
    2021-11-01 0 days 2,057 sqft
    2021-12-01 0 days 1,941 sqft
    2022-01-01 0 days 1,987 sqft
    2022-02-01 0 days 1,973 sqft
    2022-03-01 0 days 1,933 sqft
    2022-04-01 0 days 1,843 sqft
    2022-05-01 0 days 1,734 sqft
    2022-06-01 0 days 1,894 sqft
    2022-07-01 0 days 1,916 sqft
    2022-08-01 0 days 1,963 sqft
    2022-09-01 0 days 1,991 sqft
    2022-10-01 0 days 1,928 sqft
    2022-11-01 0 days 1,890 sqft
    2022-12-01 0 days 1,904 sqft
    2023-01-01 0 days 1,850 sqft
    2023-02-01 0 days 1,930 sqft
    2023-03-01 0 days 2,043 sqft
    2023-04-01 0 days 2,096 sqft
    2023-05-01 0 days 2,024 sqft
    2023-06-01 0 days 2,033 sqft
    2023-07-01 0 days 2,021 sqft
    2023-08-01 0 days 1,980 sqft
    2023-09-01 0 days 1,987 sqft
    2023-10-01 0 days 1,981 sqft
    2023-11-01 0 days 1,915 sqft
    2023-12-01 0 days 1,950 sqft
    2024-01-01 0 days 2,010 sqft
    2024-02-01 0 days 1,992 sqft
    2024-03-01 0 days 2,011 sqft
    2024-04-01 0 days 2,025 sqft
    2024-05-01 0 days 2,087 sqft
    2024-06-01 0 days 2,094 sqft
    2024-07-01 0 days 2,139 sqft
    2024-08-01 0 days 2,090 sqft
    2024-09-01 0 days 2,107 sqft
    2024-10-01 0 days 2,116 sqft
    2024-11-01 0 days 2,009 sqft
    2024-12-01 0 days 1,943 sqft
    2025-01-01 0 days 1,965 sqft
    2025-02-01 0 days 1,891 sqft
    2025-03-01 0 days 1,847 sqft
    2025-04-01 0 days 1,886 sqft
    2025-05-01 0 days 1,972 sqft
    2025-06-01 0 days 2,085 sqft
    Oak Harbor's median listing age (time on market) for 2025-06-01 was 0 days.

    Oak Harbor's median square footage for active listings during the 2025-06-01 period was 2,085 sqft. One year prior, the average listing was 2,094 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.