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 137 lenders originated 1,193 VA loans during 2023. The total origination value was $348,885,000, with an average VA loan value of $292,443.

    Ocala VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Ocala averaged 6.34% for the week of 2024-11-08, compared to the national average (all VA variants) of 6.34% for the same period.

    Ocala's average VA mortgage closing costs are $6,022.

    The average rate for the prior week (2024-11-01) was 6.2% and one month ago for the week of 2024-10-04, the average rate was 5.92%.

    The average rate one year ago was 7.38%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.94%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 171 6.63% $6,339
    DHI MORTGAGE COMPANY, LTD. 85 5.44% $6,433
    UNITED WHOLESALE MORTGAGE, LLC 80 6.40% $9,538
    QUICKEN LOANS, LLC 53 6.14% $11,880
    NAVY FEDERAL CREDIT UNION 50 5.79% $6,645
    UNION HOME MORTGAGE CORP. 34 6.66% $9,840
    USAA Federal Savings Bank 31 6.26% $9,118
    EAGLE HOME MORTGAGE, LLC 30 4.82% $5,198
    PULTE MORTGAGE LLC 26 6.25% $5,506
    NEW DAY FINANCIAL, LLC 25 7.36% $13,955
    Equity Prime Mortgage LLC 24 6.64% $8,003
    FREEDOM MORTGAGE CORPORATION 23 6.46% $13,681
    PRIMELENDING, A PLAINSCAPITAL COMPANY 21 6.26% $4,565
    AMERICAN FINANCIAL NETWORK, INC. 21 6.37% $8,126
    CROSSCOUNTRY MORTGAGE, LLC 18 6.61% $8,626
    LOANDEPOT.COM, LLC 16 6.27% $9,069
    HOMEBRIDGE FINANCIAL SERVICES, INC. 14 5.93% $7,366
    FBC MORTGAGE, LLC 14 5.98% $8,888
    CMG MORTGAGE, INC. 13 6.24% $8,823
    HOME SOLUTION LENDERS INC. 12 5.75% $9,941
    GUARANTEED RATE, INC. 12 6.49% $4,150
    First Federal Bank 11 6.55% $5,491
    PENNYMAC LOAN SERVICES, LLC 11 6.27% $9,120
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 6.95% $5,619
    NEWREZ LLC 10 6.44% $6,761
    SUCCESS MORTGAGE PARTNERS, INC. 10 6.49% $8,175
    VILLAGE CAPITAL MORTGAGE 10 6.19% $8,153
    Flagstar Bank, FSB 10 6.62% $8,856
    BROKER SOLUTIONS, INC. 9 6.37% $11,202
    The Federal Savings Bank 9 6.32% $25,742
    CARDINAL FINANCIAL 8 6.31% $14,837
    MOVEMENT MORTGAGE, LLC 8 6.66% $5,762
    Mr. Cooper ( Nationstar Mortgage ) 7 6.09% $13,844
    Mid-Continent Funding, Inc. 7 6.39% $9,526
    THE MORTGAGE FIRM, INC. 7 6.91% $8,749
    MORTGAGE SOLUTIONS OF COLORADO, LLC 7 7.50% $6,604
    Barrington Bank & Trust Company, N.A. 6 6.71% $11,825
    GUARANTEED RATE AFFINITY, LLC 6 6.20% $6,973
    AMERICAN BANCSHARES MORTGAGE 6 6.46% $10,384
    Regions Bank 6 6.08% $7,053
    LEADERONE FINANCIAL CORPORATION 6 6.00% $7,513
    Wells Fargo Bank 5 6.23% $4,191
    Truist 5 5.76% $6,182
    Mortgage Lenders Investment Trading Corporation 5 6.23% $12,216
    STOCKTON MORTGAGE CORPORATION 5 6.95% $8,571
    ROSS MORTGAGE CORPORATION 5 6.60% $12,424
    AMERISAVE MORTGAGE CORPORATION 5 5.63% $16,968
    EVERETT FINANCIAL, INC. 5 6.88% $8,625
    Plains Commerce Bank 5 6.33% $8,687
    MUTUAL OF OMAHA MORTGAGE, INC. 5 6.25% $12,887
    GUILD MORTGAGE COMPANY 4 6.09% $14,158
    Nations Lending Corporation 4 5.75% $12,572
    HOMESTAR FINANCIAL CORPORATION 4 6.25% $13,478
    NBKC BANK 4 6.19% $8,909
    Century Mortgage Company DBA Century Lending Company 3 6.79% $7,497
    Ixonia Bank 3 6.88% $12,934
    JPMorgan Chase Bank 3 6.67% $5,570
    PENTAGON FEDERAL CREDIT UNION 3 6.42% $4,521
    Ameris Bank 3 6.88% $5,860
    ACADEMY MORTGAGE CORPORATION 3 7.25% $8,818
    Goldwater Bank, N.A. 3 6.46% $8,621
    GENEVA FINANCIAL, LLC 3 6.67% $8,893
    SUN WEST MORTGAGE COMPANY, INC. 3 5.92% $21,594
    Shea Mortgage Inc. 3 5.88% $4,828
    CITY FIRST MORTGAGE SERVICES, L.L.C. 3 7.17% $14,933
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 6.54% $10,404
    PLAZA HOME MORTGAGE, INC. 3 6.75% $9,166
    CRESCENT MORTGAGE COMPANY 2 6.31% $4,741
    Citizens Bank 2 5.75% $5,872
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 5.75% $6,922
    GSF Mortgage Corporation 2 6.06% $7,019
    CALIBER HOME LOANS, INC. 2 5.63% $13,658
    HOMESPIRE MORTGAGE CORPORATION 2 6.88% $8,012
    Bell Bank 2 6.00% $4,618
    MORTGAGE EQUITY PARTNERS LLC 2 6.25% $7,757
    MORTGAGEONE, INC. 2 7.38% $3,073
    MY MORTGAGE, INC. 2 6.69% $11,302
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.63% $8,441
    Paramount Residential Mortgage Group, Inc. 2 6.69% $10,881
    Premium Mortgage Corporation 2 6.25% $11,916
    Prosperity Home Mortgage, LLC 2 6.00% $5,463
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.50% $7,624
    RESOURCE FINANCIAL SERVICES, INC. 2 6.06% $7,257
    South State Bank 2 5.38% $11,748
    Wyndham Capital Mortgage, Inc. 2 6.06% $4,925
    TJC Mortgage, Inc. 2 6.38% $18,438
    TOWNE MORTGAGE COMPANY 2 6.75% $16,884
    V.I.P. MORTGAGE, INC. 2 5.44% $15,572
    Waterstone Mortgage Corporation 2 6.94% $9,016
    Wolfe Financial, Inc 2 7.63% $26,405
    PLANET HOME LENDING, LLC 1 5.88% $10,520
    BNC National Bank 1 5.25% $4,481
    PNC Bank 1 6.75% $1,227
    PREMIA MORTGAGE, LLC 1 5.50% $15,491
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.63% $4,335
    ACOPIA, LLC 1 5.63% $8,885
    Presidential Bank, FSB 1 5.88% $8,189
    HomePromise Corporation 1 7.75% $12,028
    U.S. Bank 1 7.13% $4,087
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 4.88% $2,006
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.13% $10,025
    GoPrime Mortgage, Inc. 1 5.75% $9,008
    RELIANCE FIRST CAPITAL, LLC 1 7.25% $4,523
    VAN DYK MORTGAGE CORPORATION 1 5.25% $17,209
    CANOPY MORTGAGE, LLC 1 7.25% $7,648
    Service Federal Credit Union 1 5.63% $4,436
    First Western Trust Bank 1 5.25% $6,085
    SHELTER HOME MORTGAGE, LLC 1 6.75% $4,555
    SHELTER MORTGAGE COMPANY, L.L.C. 1 5.50% $13,788
    Sierra Pacific Mortgage Company, Inc. 1 6.13% $2,335
    CityWorth Mortgage LLC 1 6.75% $9,678
    SOUTHWEST STAGE FUNDING, LLC 1 6.88% $0
    First Merchants Bank 1 6.25% $5,321
    Strong Home Mortgage, LLC 1 5.75% $9,086
    American Mortgage & Equity Consultants, Inc. 1 6.63% $11,591
    First Horizon Bank 1 6.13% $4,535
    Cornerstone First Mortgage, Inc 1 6.00% $16,242
    The Huntington National Bank 1 6.00% $7,612
    FIRST COMMUNITY MORTGAGE, INC. 1 6.00% $8,631
    DAS Acquisition Company, LLC 1 5.88% $9,162
    Total Media Management, LLC 1 5.99% $13,757
    TOWN AND COUNTRY Credit Union 1 5.99% $5,045
    WATSON MORTGAGE CORP. 1 5.63% $4,879
    METROPLEX MORTGAGE SERVICES, INC. 1 6.25% $4,109
    M&T Bank 1 6.25% $14,277
    LOANPAL, LLC 1 6.50% $8,852
    CHURCHILL MORTGAGE CORPORATION 1 6.50% $4,288
    NATIONS DIRECT MORTGAGE, LLC 1 6.25% $14,167
    LAND HOME FINANCIAL SERVICES, INC. 1 6.50% $12,490
    Bank of England 1 5.75% $19,174
    LAKEVIEW LOAN SERVICING, LLC 1 6.25% $7,273
    Armed Forces Bank 1 6.13% $55,502
    AMERICAN FINANCING CORPORATION 1 5.38% $34,489
    EMBRACE HOME LOANS, INC. 1 6.50% $7,054
    Keystone Funding, Inc. 1 6.50% $4,675
    J. VIRGIL, INC. 1 7.63% $10,261
    INSPIRE HOME LOANS INC. 1 7.25% $4,310

    The top Ocala VA lender as defined by loan originations is Mortgage Research Center, LLC, with 171 VA loans originated. Their average total fees are $6,339, which is $94 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Ocala VA lenders (with over 10 loans originated) are GUARANTEED RATE, INC. ($4,150), PRIMELENDING, A PLAINSCAPITAL COMPANY ($4,565), EAGLE HOME MORTGAGE, LLC ($5,198), First Federal Bank ($5,491) and PULTE MORTGAGE LLC ($5,506).

    The lowest rate Ocala VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.82%), DHI MORTGAGE COMPANY, LTD. (5.44%), HOME SOLUTION LENDERS INC. (5.75%), NAVY FEDERAL CREDIT UNION (5.79%) and HOMEBRIDGE FINANCIAL SERVICES, INC. (5.93%).

    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 (1.7%) $269,136 (4.2%) 0.70 2,146
    2018-02-01 $190,808 (2.5%) $271,776 (5.8%) 0.69 2,155
    2018-03-01 $195,000 (2.7%) $272,008 (5.9%) 0.68 2,170
    2018-04-01 $199,950 (4.1%) $278,492 (7.7%) 0.68 2,110
    2018-05-01 $205,950 (5.6%) $283,177 (5.9%) 0.69 2,053
    2018-06-01 $205,000 (4.7%) $283,109 (3.9%) 0.68 2,063
    2018-07-01 $205,000 (7.9%) $284,474 (8.3%) 0.68 2,106
    2018-08-01 $199,900 (5.3%) $278,609 (7.1%) 0.67 2,127
    2018-09-01 $199,900 (5.3%) $276,310 (4.9%) 0.67 2,147
    2018-10-01 $199,700 (7.5%) $276,637 (8.5%) 0.68 2,202
    2018-11-01 $199,900 (5.8%) $273,996 (2.3%) 0.68 2,274
    2018-12-01 $199,990 (5.3%) $273,861 (0.6%) 0.69 2,299
    2019-01-01 $199,900 (5.3%) $271,900 (1.0%) 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%) $273,603 (0.6%) 0.65 2,378
    2019-04-01 $199,900 (0.0%) $278,911 (0.2%) 0.63 2,356
    2019-05-01 $204,950 (-0.5%) $280,130 (-1.1%) 0.64 2,239
    2019-06-01 $205,000 (0.0%) $287,694 (1.6%) 0.64 2,198
    2019-07-01 $206,178 (0.6%) $291,001 (2.3%) 0.65 2,138
    2019-08-01 $209,270 (4.7%) $290,850 (4.4%) 0.66 2,108
    2019-09-01 $209,674 (4.9%) $288,932 (4.6%) 0.67 2,099
    2019-10-01 $209,251 (4.8%) $285,747 (3.3%) 0.68 2,105
    2019-11-01 $209,000 (4.6%) $283,365 (3.4%) 0.69 2,105
    2019-12-01 $208,241 (4.1%) $279,704 (2.1%) 0.69 2,106
    2020-01-01 $204,600 (2.4%) $279,318 (2.7%) 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 (3.0%) 0.65 1,892
    2020-04-01 $204,948 (2.5%) $280,570 (0.6%) 0.64 1,886
    2020-05-01 $209,900 (2.4%) $283,699 (1.3%) 0.64 1,778
    2020-06-01 $214,973 (4.9%) $298,684 (3.8%) 0.63 1,559
    2020-07-01 $215,675 (4.6%) $308,879 (6.1%) 0.63 1,419
    2020-08-01 $224,900 (7.5%) $320,065 (10.0%) 0.64 1,254
    2020-09-01 $226,960 (8.2%) $322,070 (11.5%) 0.65 1,221
    2020-10-01 $230,000 (9.9%) $338,020 (18.3%) 0.66 1,201
    2020-11-01 $229,938 (10.0%) $332,515 (17.3%) 0.67 1,231
    2020-12-01 $230,000 (10.5%) $331,145 (18.4%) 0.68 1,211
    2021-01-01 $237,000 (15.8%) $338,054 (21.0%) 0.71 1,050
    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%) 0.71 602
    2021-06-01 $267,450 (24.4%) $446,420 (49.5%) 0.70 554
    2021-07-01 $274,900 (27.5%) $443,385 (43.6%) 0.73 712
    2021-08-01 $272,500 (21.2%) $414,859 (29.6%) 0.73 789
    2021-09-01 $274,325 (20.9%) $391,001 (21.4%) 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%) 0.78 750
    2022-01-01 $299,900 (26.5%) $428,209 (26.7%) 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%) $452,461 (8.9%) 0.75 806
    2022-06-01 $331,800 (24.1%) $459,691 (3.0%) 0.74 1,019
    2022-07-01 $325,000 (18.2%) $446,875 (0.8%) 0.73 1,329
    2022-08-01 $316,850 (16.3%) $424,123 (2.2%) 0.73 1,541
    2022-09-01 $314,385 (14.6%) $414,759 (6.1%) 0.74 1,716
    2022-10-01 $318,800 (15.9%) $410,161 (6.1%) 0.75 1,870
    2022-11-01 $314,875 (11.1%) $407,250 (-0.2%) 0.76 2,026
    2022-12-01 $313,363 (8.2%) $413,101 (1.4%) 0.77 2,008
    2023-01-01 $311,998 (4.0%) $409,017 (-4.5%) 0.77 2,046
    2023-02-01 $307,000 (2.7%) $406,168 (-6.0%) 0.74 2,086
    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%) $419,930 (-7.2%) 0.72 1,895
    2023-06-01 $314,950 (-5.1%) $422,557 (-8.1%) 0.71 1,874
    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 (0.2%) $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 (-1.7%) $398,635 (-2.1%) 0.74 2,443
    2023-12-01 $309,000 (-1.4%) $397,324 (-3.8%) 0.75 2,486
    2024-01-01 $309,050 (-0.9%) $448,024 (9.5%) 0.75 2,615
    2024-02-01 $307,000 (0.0%) $401,903 (-1.1%) 0.74 2,772
    2024-03-01 $305,000 (-0.7%) $396,723 (-3.3%) 0.72 2,801
    2024-04-01 $304,950 (0.0%) $394,866 (-1.9%) 0.71 2,787
    2024-05-01 $306,038 (-3.9%) $396,001 (-5.7%) 0.69 2,731
    2024-06-01 $309,900 (-1.6%) $394,080 (-6.7%) 0.70 2,679
    2024-07-01 $309,000 (-1.7%) $383,727 (-8.4%) 0.71 2,733
    2024-08-01 $309,000 (-1.9%) $384,149 (-7.9%) 0.72 2,767
    2024-09-01 $305,000 (-3.1%) $377,051 (-7.9%) 0.72 2,841
    2024-10-01 $303,164 (-2.6%) $374,281 (-6.9%) 0.71 2,973
    Ocala's median listing price for 2024-10-01 was $303,164, a difference of $-8,211 (-2.6%) versus the prior year and $-1,836 versus the prior month.

    Ocala's median listing price comes in at 71% of the national average.

    Ocala's average listing price for 2024-10-01 was $374,281, a difference of $-27,892 (-6.9%) versus the prior year and $-2,770 versus the prior month.

    For the 2024-10-01 period, Ocala had 2,973 MLS listings, a difference of 132 listings (5%) versus the prior month and 745 listings (33%) 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 1,799 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 1,797 sqft
    2018-09-01 66 days 1,804 sqft
    2018-10-01 63 days 1,800 sqft
    2018-11-01 61 days 1,803 sqft
    2018-12-01 68 days 1,820 sqft
    2019-01-01 73 days 1,790 sqft
    2019-02-01 65 days 1,772 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 1,760 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 67 days 1,743 sqft
    2020-08-01 61 days 1,765 sqft
    2020-09-01 54 days 1,763 sqft
    2020-10-01 53 days 1,782 sqft
    2020-11-01 51 days 1,747 sqft
    2020-12-01 57 days 1,754 sqft
    2021-01-01 59 days 1,760 sqft
    2021-02-01 50 days 1,769 sqft
    2021-03-01 44 days 1,749 sqft
    2021-04-01 39 days 1,818 sqft
    2021-05-01 38 days 1,817 sqft
    2021-06-01 39 days 1,762 sqft
    2021-07-01 37 days 1,779 sqft
    2021-08-01 35 days 1,754 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 1,748 sqft
    2022-01-01 47 days 1,764 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 1,679 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 1,693 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
    2023-12-01 63 days 1,646 sqft
    2024-01-01 70 days 1,643 sqft
    2024-02-01 65 days 1,642 sqft
    2024-03-01 57 days 1,641 sqft
    2024-04-01 61 days 1,639 sqft
    2024-05-01 59 days 1,645 sqft
    2024-06-01 61 days 1,652 sqft
    2024-07-01 64 days 1,649 sqft
    2024-08-01 66 days 1,655 sqft
    2024-09-01 67 days 1,656 sqft
    2024-10-01 68 days 1,660 sqft
    Ocala's median listing age (time on market) for 2024-10-01 was 68 days. This is 35% longer than the same period one year ago.

    Ocala's median square footage for active listings during the 2024-10-01 period was 1,660 sqft. One year prior, the average listing was 1,656 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.