Ocala VA Loan Rates, Closing Costs & Stats

OCALA, FL

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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.

    Ocala's 160 lenders originated 1,437 VA loans during 2022. The total origination value was $396,945,000, with an average VA loan value of $276,232.

    Ocala VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Ocala averaged 6.23% for the week of 2023-12-08, compared to the national average (all VA variants) of 6.544% for the same period.

    Ocala's average VA mortgage closing costs are $5,655.

    The average rate for the prior week (2023-12-01) was 6.53% and one month ago for the week of 2023-11-03, the average rate was 7.36%.

    The average rate one year ago was 6.23%.

    For refis of the same type during the week of 2023-12-08, the average rate was 5.8%.

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

    Ocala 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 Ocala level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Mortgage Research Center, LLC 227 5.01% $7,433
    QUICKEN LOANS, LLC 131 4.06% $10,101
    UNITED WHOLESALE MORTGAGE, LLC 90 4.42% $9,528
    NEW DAY FINANCIAL, LLC 62 5.04% $12,058
    NAVY FEDERAL CREDIT UNION 59 3.95% $6,279
    DHI MORTGAGE COMPANY, LTD. 42 4.07% $7,923
    FREEDOM MORTGAGE CORPORATION 41 4.73% $10,565
    LOANDEPOT.COM, LLC 35 4.25% $10,259
    PENNYMAC LOAN SERVICES, LLC 35 3.72% $9,434
    USAA Federal Savings Bank 32 4.25% $8,005
    EAGLE HOME MORTGAGE, LLC 26 4.66% $6,294
    PRIMELENDING, A PLAINSCAPITAL COMPANY 26 5.36% $5,872
    CROSSCOUNTRY MORTGAGE, LLC 26 5.22% $8,873
    PULTE MORTGAGE LLC 18 4.47% $7,847
    GUARANTEED RATE, INC. 18 4.91% $7,103
    CALIBER HOME LOANS, INC. 17 4.70% $8,185
    HOMEBRIDGE FINANCIAL SERVICES, INC. 15 4.23% $6,789
    Nations Lending Corporation 13 4.65% $9,723
    Mr. Cooper ( Nationstar Mortgage ) 13 4.57% $7,030
    SUCCESS MORTGAGE PARTNERS, INC. 12 5.18% $12,243
    CARDINAL FINANCIAL 12 5.32% $10,877
    First Federal Bank 12 4.95% $8,883
    Wells Fargo Bank 11 3.53% $4,853
    Barrington Bank & Trust Company, N.A. 11 4.82% $7,375
    HOME SOLUTION LENDERS INC. 10 3.68% $3,840
    THE MORTGAGE FIRM, INC. 10 5.25% $7,051
    HOME POINT FINANCIAL CORPORATION 10 5.01% $10,609
    Equity Prime Mortgage LLC 10 5.24% $11,358
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 5.06% $6,811
    Ameris Bank 9 4.71% $8,219
    Flagstar Bank, FSB 9 4.28% $7,401
    The Federal Savings Bank 9 4.40% $14,112
    AMERICAN PACIFIC MORTGAGE CORPORATION 8 4.25% $9,133
    Mid-Continent Funding, Inc. 8 4.70% $9,269
    PENTAGON FEDERAL CREDIT UNION 8 3.77% $5,540
    MORTGAGE SOLUTIONS OF COLORADO, LLC 8 6.39% $9,679
    Shea Mortgage Inc. 8 5.03% $8,402
    NATIONS RELIABLE LENDING, LLC 7 4.25% $13,171
    BROKER SOLUTIONS, INC. 7 3.78% $8,340
    AMERISAVE MORTGAGE CORPORATION 7 4.64% $10,695
    Truist 7 4.68% $6,882
    FBC MORTGAGE, LLC 7 4.27% $5,237
    MOVEMENT MORTGAGE, LLC 6 4.67% $7,474
    Carrington Mortgage Services, LLC 6 4.63% $8,792
    PLANET HOME LENDING, LLC 6 3.81% $6,683
    NEWREZ LLC 6 4.50% $7,995
    Goldwater Bank, N.A. 6 5.13% $8,353
    LAKEVIEW LOAN SERVICING, LLC 6 3.54% $7,059
    UNION HOME MORTGAGE CORP. 6 4.88% $13,340
    AMERIFIRST FINANCIAL CORPORATION 5 5.00% $8,685
    DAS Acquisition Company, LLC 5 3.90% $4,094
    CMG MORTGAGE, INC. 5 5.97% $11,156
    LOANPAL, LLC 5 4.05% $11,491
    NETWORK CAPITAL FUNDING CORPORATION 5 5.50% $9,912
    ACADEMY MORTGAGE CORPORATION 4 4.97% $4,602
    CONTOUR MORTGAGE CORPORATION 4 5.59% $9,870
    GUILD MORTGAGE COMPANY 4 5.06% $12,035
    HOMESTAR FINANCIAL CORPORATION 4 5.00% $13,857
    Lakeview Community Capital, LLC 4 3.25% $10,682
    MUTUAL OF OMAHA MORTGAGE, INC. 4 4.91% $8,518
    VAN DYK MORTGAGE CORPORATION 4 4.84% $7,715
    Waterstone Mortgage Corporation 4 4.78% $8,276
    CLEARPATH LENDING 3 3.92% $12,349
    HOMESIDE FINANCIAL, LLC 3 3.79% $5,522
    CRESCENT MORTGAGE COMPANY 3 4.63% $3,267
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 4.75% $9,034
    Mortgage Lenders Investment Trading Corporation 3 5.25% $16,893
    VILLAGE CAPITAL MORTGAGE 3 4.67% $16,593
    HAMILTON HOME LOANS, INC. 3 4.50% $24,369
    AmRes Corporation 3 3.83% $10,715
    RELIANCE FIRST CAPITAL, LLC 3 4.92% $11,338
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 4.63% $3,523
    Armed Forces Bank 3 3.38% $7,871
    Prosperity Home Mortgage, LLC 3 3.96% $4,524
    Citizens Bank 2 3.94% $8,712
    Hometown Lenders, Inc. 2 5.44% $13,328
    JPMorgan Chase Bank 2 3.12% $8,882
    LEADERONE FINANCIAL CORPORATION 2 4.50% $18,446
    FIRST COMMUNITY MORTGAGE, INC. 2 4.94% $8,913
    Low VA Rates, LLC 2 4.13% $13,009
    METROPLEX MORTGAGE SERVICES, INC. 2 4.00% $4,782
    North American Savings Bank, F.S.B. 2 3.81% $14,467
    Northpointe Bank 2 2.75% $6,320
    Paramount Residential Mortgage Group, Inc. 2 4.00% $12,025
    Century Mortgage Company DBA Century Lending Company 2 5.13% $12,160
    PLAZA HOME MORTGAGE, INC. 2 5.06% $14,427
    SECURITYNATIONAL MORTGAGE COMPANY 2 3.44% $11,290
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 4.69% $12,453
    TJC Mortgage, Inc. 2 4.00% $5,119
    Total Media Management, LLC 2 4.00% $7,638
    AMERICAN FINANCING CORPORATION 2 3.69% $5,530
    AMERICAN FINANCIAL RESOURCES, INC. 2 5.25% $6,458
    AMERICAN BANCSHARES MORTGAGE 2 5.69% $9,069
    FIRST EQUITY MORTGAGE BANKERS, INC. 1 6.13% $7,888
    Congressional Bank 1 4.75% $6,701
    NBKC BANK 1 2.75% $9,031
    COMPASS MORTGAGE, INC. 1 3.75% $13,060
    First Heritage Mortgage, LLC 1 4.63% $5,099
    NEW FED MORTGAGE, CORP. 1 5.75% $10,998
    FIRST MORTGAGE COMPANY, INC. 1 5.88% $9,647
    NFM, INC. 1 5.38% $13,036
    AMERICAN ADVISORS GROUP 1 2.38% $3,273
    HALLMARK HOME MORTGAGE, LLC 1 5.13% $10,264
    NP, Inc. 1 6.75% $5,849
    OPEN MORTGAGE, LLC 1 5.38% $8,859
    UNIVERSAL LENDING CORPORATION 1 3.75% $3,047
    First Horizon Bank 1 5.25% $11,399
    BECKAM FUNDING CORP. 1 4.75% $4,434
    Peoples Bank 1 5.63% $7,594
    PHH Mortgage Corporation 1 5.00% $3,518
    Plains Commerce Bank 1 3.88% $5,524
    BAYSHORE MORTGAGE FUNDING, LLC 1 3.75% $11,380
    U.S. Bank 1 4.50% $5,378
    POLARIS HOME FUNDING CORP. 1 5.63% $16,513
    PREMIA MORTGAGE, LLC 1 5.38% $13,630
    Premium Mortgage Corporation 1 5.25% $14,482
    Bank of England 1 5.25% $7,839
    PROPER RATE, LLC 1 3.25% $9,151
    VYSTAR 1 4.13% $900
    Austin Capital Bank SSB 1 5.99% $17,191
    KEESLER 1 3.88% $4,268
    RADIUS FINANCIAL GROUP INC. 1 4.13% $3,989
    Regions Bank 1 4.00% $4,978
    Ixonia Bank 1 5.75% $2,923
    ROSS MORTGAGE CORPORATION 1 5.63% $8,454
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 5.25% $2,907
    HomePromise Corporation 1 6.75% $25,919
    GENEVA FINANCIAL, LLC 1 5.38% $8,434
    SHELTER MORTGAGE COMPANY, L.L.C. 1 5.25% $9,917
    South State Bank 1 7.63% $10,442
    SOUTHWEST STAGE FUNDING, LLC 1 4.88% $0
    SOVEREIGN LENDING GROUP INCORPORATED 1 2.63% $715
    Strong Home Mortgage, LLC 1 4.25% $4,274
    HUNT MORTGAGE CORPORATION 1 4.75% $0
    Summit Mortgage Corporation 1 6.25% $9,619
    SUN WEST MORTGAGE COMPANY, INC. 1 3.88% $2,856
    TD Bank 1 3.38% $7,271
    The Central Trust Bank 1 3.63% $2,968
    THE EQUITABLE MORTGAGE CORPORATION 1 5.75% $14,530
    AmeriHome Mortgage Company, LLC 1 5.99% $6,189
    Amerifirst Financial, Inc. 1 5.25% $1,075
    TIDEWATER MORTGAGE SERVICES, INC. 1 4.25% $7,910
    GREAT WESTERN FINANCIAL SERVICES, INC. 1 6.75% $12,631
    First United Bank and Trust Company 1 6.38% $12,325
    Towne Bank 1 4.75% $7,839
    TOWNE MORTGAGE COMPANY 1 6.25% $6,949
    Town Square Mortgage & Investments, Inc. 1 4.38% $7,634
    First Home Bank 1 3.25% $10,700
    FINANCE OF AMERICA MORTGAGE LLC 1 5.13% $11,127
    MILEND, INC. 1 5.75% $9,768
    MORTGAGE FINANCIAL GROUP, INC. 1 4.50% $420
    MORTGAGE INVESTORS GROUP, INC. 1 3.00% $10,706
    Loan Simple, Inc. 1 4.88% $3,329
    Exchange Bank 1 5.00% $4,447
    EVERETT FINANCIAL, INC. 1 5.88% $3,387
    EMBRACE HOME LOANS, INC. 1 3.88% $4,772
    DRAPER AND KRAMER MORTGAGE CORP. 1 5.25% $7,945
    WRIGHT-PATT CREDIT UNION, INC. 1 2.88% $6,503
    NATIONS DIRECT MORTGAGE, LLC 1 4.63% $6,995
    DIRECT MORTGAGE, CORP. 1 3.75% $3,002

    The top Ocala VA lender as defined by loan originations is Mortgage Research Center, LLC, with 227 VA loans originated. Their average total fees are $7,433, which is $2,668 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Ocala VA lenders (with over 10 loans originated) are HOME SOLUTION LENDERS INC. ($3,840), Wells Fargo Bank ($4,853), PRIMELENDING, A PLAINSCAPITAL COMPANY ($5,872), NAVY FEDERAL CREDIT UNION ($6,279) and EAGLE HOME MORTGAGE, LLC ($6,294).

    The lowest rate Ocala VA lenders (with over 10 loans originated) are Wells Fargo Bank (3.53%), HOME SOLUTION LENDERS INC. (3.68%), PENNYMAC LOAN SERVICES, LLC (3.72%), NAVY FEDERAL CREDIT UNION (3.95%) and QUICKEN LOANS, LLC (4.06%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Ocala (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 $189,900 (1.6%) $268,937 (4.2%) 0.70 2,144
    2018-02-01 $190,723 (2.4%) $271,582 (5.7%) 0.69 2,153
    2018-03-01 $194,950 (2.7%) $271,818 (5.8%) 0.68 2,168
    2018-04-01 $199,745 (4.0%) $278,302 (7.7%) 0.68 2,108
    2018-05-01 $205,872 (5.6%) $282,196 (5.5%) 0.69 2,051
    2018-06-01 $205,000 (4.7%) $281,212 (3.2%) 0.68 2,061
    2018-07-01 $205,000 (7.9%) $282,580 (7.5%) 0.68 2,104
    2018-08-01 $199,700 (5.2%) $276,762 (6.4%) 0.67 2,125
    2018-09-01 $199,900 (5.3%) $274,681 (4.3%) 0.67 2,146
    2018-10-01 $199,575 (7.5%) $275,014 (8.0%) 0.68 2,201
    2018-11-01 $199,900 (5.8%) $272,422 (1.7%) 0.68 2,273
    2018-12-01 $199,950 (5.3%) $272,107 (0.0%) 0.69 2,297
    2019-01-01 $199,900 (5.3%) $270,755 (0.7%) 0.69 2,272
    2019-02-01 $199,338 (4.5%) $269,532 (-0.8%) 0.67 2,386
    2019-03-01 $198,814 (2.0%) $273,708 (0.7%) 0.65 2,378
    2019-04-01 $199,900 (0.1%) $279,138 (0.3%) 0.63 2,357
    2019-05-01 $204,950 (-0.5%) $280,384 (-0.6%) 0.64 2,240
    2019-06-01 $205,000 (0.0%) $287,948 (2.4%) 0.64 2,199
    2019-07-01 $206,390 (0.7%) $291,221 (3.1%) 0.65 2,137
    2019-08-01 $209,270 (4.8%) $290,941 (5.1%) 0.66 2,107
    2019-09-01 $209,675 (4.9%) $289,022 (5.2%) 0.67 2,098
    2019-10-01 $209,450 (5.0%) $285,836 (3.9%) 0.68 2,104
    2019-11-01 $209,000 (4.6%) $283,399 (4.0%) 0.69 2,105
    2019-12-01 $208,241 (4.2%) $279,704 (2.8%) 0.69 2,106
    2020-01-01 $204,600 (2.4%) $279,318 (3.2%) 0.68 2,043
    2020-02-01 $207,490 (4.1%) $280,293 (4.0%) 0.68 2,042
    2020-03-01 $208,353 (4.8%) $281,718 (2.9%) 0.65 1,892
    2020-04-01 $204,948 (2.5%) $280,570 (0.5%) 0.64 1,886
    2020-05-01 $209,900 (2.4%) $283,699 (1.2%) 0.64 1,778
    2020-06-01 $214,950 (4.9%) $298,684 (3.7%) 0.63 1,559
    2020-07-01 $215,000 (4.2%) $308,808 (6.0%) 0.62 1,418
    2020-08-01 $224,900 (7.5%) $319,916 (10.0%) 0.64 1,254
    2020-09-01 $226,620 (8.1%) $321,970 (11.4%) 0.65 1,220
    2020-10-01 $230,000 (9.8%) $337,929 (18.2%) 0.66 1,200
    2020-11-01 $229,924 (10.0%) $332,309 (17.3%) 0.67 1,230
    2020-12-01 $230,000 (10.5%) $331,052 (18.4%) 0.68 1,209
    2021-01-01 $237,000 (15.8%) $337,729 (20.9%) 0.71 1,049
    2021-02-01 $239,950 (15.6%) $345,463 (23.3%) 0.70 906
    2021-03-01 $243,923 (17.1%) $365,179 (29.6%) 0.69 696
    2021-04-01 $258,900 (26.3%) $393,165 (40.1%) 0.70 622
    2021-05-01 $265,450 (26.5%) $415,465 (46.5%) 0.71 601
    2021-06-01 $267,450 (24.4%) $446,806 (49.6%) 0.70 553
    2021-07-01 $274,900 (27.9%) $443,699 (43.7%) 0.73 711
    2021-08-01 $272,963 (21.4%) $415,123 (29.8%) 0.73 788
    2021-09-01 $274,475 (21.1%) $391,114 (21.5%) 0.73 783
    2021-10-01 $275,000 (19.6%) $386,738 (14.4%) 0.73 795
    2021-11-01 $283,500 (23.3%) $407,844 (22.7%) 0.76 786
    2021-12-01 $289,669 (25.9%) $407,581 (23.1%) 0.79 750
    2022-01-01 $299,900 (26.5%) $428,209 (26.8%) 0.81 684
    2022-02-01 $299,000 (24.6%) $431,853 (25.0%) 0.78 617
    2022-03-01 $299,950 (23.0%) $448,773 (22.9%) 0.75 646
    2022-04-01 $314,900 (21.6%) $450,229 (14.5%) 0.75 676
    2022-05-01 $326,450 (23.0%) $452,104 (8.8%) 0.75 807
    2022-06-01 $331,800 (24.1%) $459,691 (2.9%) 0.74 1,019
    2022-07-01 $325,000 (18.2%) $446,875 (0.7%) 0.73 1,329
    2022-08-01 $316,850 (16.1%) $424,123 (2.2%) 0.73 1,541
    2022-09-01 $314,445 (14.6%) $414,708 (6.0%) 0.74 1,716
    2022-10-01 $318,850 (16.0%) $410,161 (6.1%) 0.75 1,870
    2022-11-01 $315,100 (11.2%) $407,231 (-0.2%) 0.76 2,027
    2022-12-01 $313,363 (8.2%) $413,242 (1.4%) 0.77 2,007
    2023-01-01 $311,998 (4.0%) $409,017 (-4.5%) 0.77 2,046
    2023-02-01 $307,000 (2.7%) $406,347 (-5.9%) 0.74 2,085
    2023-03-01 $307,000 (2.4%) $410,378 (-8.6%) 0.72 2,030
    2023-04-01 $305,000 (-3.1%) $402,517 (-10.6%) 0.71 2,065
    2023-05-01 $318,450 (-2.5%) $419,848 (-7.1%) 0.72 1,894
    2023-06-01 $314,950 (-5.1%) $422,645 (-8.1%) 0.71 1,873
    2023-07-01 $314,250 (-3.3%) $419,119 (-6.2%) 0.71 1,872
    2023-08-01 $315,000 (-0.6%) $417,201 (-1.6%) 0.72 1,863
    2023-09-01 $314,900 (0.1%) $409,270 (-1.3%) 0.73 2,030
    2023-10-01 $311,375 (-2.3%) $402,173 (-2.0%) 0.73 2,228
    2023-11-01 $309,450 (-1.8%) $398,635 (-2.1%) 0.74 2,443
    Ocala's median listing price for 2023-11-01 was $309,450, a difference of $-5,650 (-1.8%) versus the prior year and $-1,925 versus the prior month.

    Ocala's median listing price comes in at 74% of the national average.

    Ocala's average listing price for 2023-11-01 was $398,635, a difference of $-8,596 (-2.1%) versus the prior year and $-3,538 versus the prior month.

    For the 2023-11-01 period, Ocala had 2,443 MLS listings, a difference of 215 listings (10%) versus the prior month and 416 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ocala (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 74 days 1,772 sqft
    2018-02-01 73 days 1,780 sqft
    2018-03-01 60 days 1,797 sqft
    2018-04-01 63 days 1,809 sqft
    2018-05-01 61 days 1,817 sqft
    2018-06-01 60 days 1,828 sqft
    2018-07-01 61 days 1,824 sqft
    2018-08-01 61 days 1,796 sqft
    2018-09-01 66 days 1,803 sqft
    2018-10-01 63 days 1,800 sqft
    2018-11-01 61 days 1,802 sqft
    2018-12-01 68 days 1,820 sqft
    2019-01-01 73 days 1,790 sqft
    2019-02-01 65 days 1,773 sqft
    2019-03-01 62 days 1,762 sqft
    2019-04-01 61 days 1,763 sqft
    2019-05-01 63 days 1,763 sqft
    2019-06-01 64 days 1,761 sqft
    2019-07-01 66 days 1,761 sqft
    2019-08-01 66 days 1,772 sqft
    2019-09-01 65 days 1,784 sqft
    2019-10-01 65 days 1,786 sqft
    2019-11-01 59 days 1,768 sqft
    2019-12-01 63 days 1,752 sqft
    2020-01-01 71 days 1,751 sqft
    2020-02-01 65 days 1,747 sqft
    2020-03-01 59 days 1,752 sqft
    2020-04-01 63 days 1,747 sqft
    2020-05-01 74 days 1,728 sqft
    2020-06-01 80 days 1,736 sqft
    2020-07-01 68 days 1,742 sqft
    2020-08-01 61 days 1,765 sqft
    2020-09-01 54 days 1,763 sqft
    2020-10-01 53 days 1,784 sqft
    2020-11-01 51 days 1,748 sqft
    2020-12-01 57 days 1,755 sqft
    2021-01-01 59 days 1,761 sqft
    2021-02-01 50 days 1,771 sqft
    2021-03-01 44 days 1,751 sqft
    2021-04-01 39 days 1,819 sqft
    2021-05-01 38 days 1,819 sqft
    2021-06-01 39 days 1,765 sqft
    2021-07-01 37 days 1,784 sqft
    2021-08-01 34 days 1,755 sqft
    2021-09-01 40 days 1,752 sqft
    2021-10-01 40 days 1,728 sqft
    2021-11-01 44 days 1,754 sqft
    2021-12-01 57 days 1,749 sqft
    2022-01-01 47 days 1,769 sqft
    2022-02-01 39 days 1,706 sqft
    2022-03-01 35 days 1,693 sqft
    2022-04-01 34 days 1,725 sqft
    2022-05-01 30 days 1,740 sqft
    2022-06-01 30 days 1,733 sqft
    2022-07-01 33 days 1,712 sqft
    2022-08-01 42 days 1,673 sqft
    2022-09-01 45 days 1,678 sqft
    2022-10-01 51 days 1,701 sqft
    2022-11-01 59 days 1,700 sqft
    2022-12-01 65 days 1,705 sqft
    2023-01-01 73 days 1,708 sqft
    2023-02-01 67 days 1,695 sqft
    2023-03-01 57 days 1,699 sqft
    2023-04-01 57 days 1,667 sqft
    2023-05-01 55 days 1,694 sqft
    2023-06-01 55 days 1,678 sqft
    2023-07-01 57 days 1,664 sqft
    2023-08-01 58 days 1,671 sqft
    2023-09-01 54 days 1,662 sqft
    2023-10-01 51 days 1,656 sqft
    2023-11-01 53 days 1,655 sqft
    Ocala's median listing age (time on market) for 2023-11-01 was 53 days. This is -10% shorter than the same period one year ago.

    Ocala's median square footage for active listings during the 2023-11-01 period was 1,655 sqft. One year prior, the average listing was 1,700 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.