Oklahoma City VA Loan Rates, Closing Costs & Stats

OKLAHOMA CITY, OK

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.

Oklahoma City's 159 lenders originated 2,967 VA loans during 2023. The total origination value was $887,935,000, with an average VA loan value of $299,270.

Oklahoma City VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Oklahoma City averaged 6.79% for the week of 2024-07-12, compared to the national average (all VA variants) of 6.364% for the same period.

Oklahoma City's average VA mortgage closing costs are $5,849.

The average rate for the prior week (2024-07-05) was 6.6% and one month ago for the week of 2024-06-07, the average rate was 6.52%.

The average rate one year ago was 6.69%.

For refis of the same type during the week of 2024-07-12, the average rate was 6.79%.

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

Oklahoma City 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 Oklahoma City level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 459 6.75% $6,000
NAVY FEDERAL CREDIT UNION 191 5.82% $5,479
CORNERSTONE HOME LENDING, INC. 179 6.44% $6,187
UNITED WHOLESALE MORTGAGE, LLC 126 6.28% $8,673
First United Bank and Trust Company 122 6.61% $8,736
QUICKEN LOANS, LLC 116 6.27% $11,501
ASSOCIATED MORTGAGE CORPORATION 89 6.21% $9,044
Stride Bank 82 6.46% $9,004
USAA Federal Savings Bank 80 6.25% $7,609
GUARANTEED RATE, INC. 60 6.35% $5,437
PENNYMAC LOAN SERVICES, LLC 54 5.98% $8,680
MORTGAGE SOLUTIONS OF COLORADO, LLC 50 7.46% $4,703
CWM PARTNERS, L.P. 44 5.83% $3,977
FREEDOM MORTGAGE CORPORATION 42 6.61% $13,795
NEW DAY FINANCIAL, LLC 41 7.50% $11,568
Gateway First Bank 39 6.79% $6,699
DHI MORTGAGE COMPANY, LTD. 37 5.36% $6,946
LOANDEPOT.COM, LLC 35 6.21% $9,867
First National Bank and Trust Company 34 6.68% $7,950
The Federal Savings Bank 30 6.55% $17,399
CMG MORTGAGE, INC. 29 6.42% $10,304
F & M Bank 26 6.29% $6,505
VILLAGE CAPITAL MORTGAGE 25 6.44% $11,688
NEWREZ LLC 25 6.42% $8,553
The Central Trust Bank 21 6.51% $6,953
ARK-LA-TEX FINANCIAL SERVICES, LLC. 21 6.29% $7,302
FIRST AMERICAN MORTGAGE, INC. 19 6.41% $5,827
Great Plains National Bank 19 5.86% $6,246
FINANCIAL CONCEPTS MORTGAGE, LLC 19 6.63% $7,176
PENTAGON FEDERAL CREDIT UNION 19 5.70% $8,753
Mr. Cooper ( Nationstar Mortgage ) 18 6.03% $12,511
UNION HOME MORTGAGE CORP. 18 6.85% $8,078
CROSSCOUNTRY MORTGAGE, LLC 17 6.45% $7,270
SWBC MORTGAGE CORPORATION 17 7.09% $10,682
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 6.79% $6,995
PLAZA HOME MORTGAGE, INC. 16 6.91% $10,821
NBKC BANK 14 5.74% $5,831
BOKF 14 6.46% $9,115
MUTUAL OF OMAHA MORTGAGE, INC. 13 5.99% $8,506
MLD MORTGAGE INC. 13 6.83% $7,417
Flagstar Bank, FSB 13 6.68% $9,476
Barrington Bank & Trust Company, N.A. 13 6.37% $10,400
AMCAP MORTGAGE, LTD. 12 6.60% $12,947
PRIMELENDING, A PLAINSCAPITAL COMPANY 12 6.73% $6,685
AMERISAVE MORTGAGE CORPORATION 12 6.04% $15,060
AMERICAN PACIFIC MORTGAGE CORPORATION 12 6.60% $9,208
FLAT BRANCH MORTGAGE, INC. 11 6.55% $8,449
Arvest Bank 11 6.10% $7,993
GUILD MORTGAGE COMPANY 10 6.55% $11,279
CARDINAL FINANCIAL 10 6.26% $12,932
BancFirst 9 6.92% $7,884
Tinker Federal Credit Union 8 6.84% $6,341
Paramount Residential Mortgage Group, Inc. 8 6.92% $9,632
JPMorgan Chase Bank 8 6.64% $7,223
BROKER SOLUTIONS, INC. 8 6.59% $10,977
Farmers Bank & Trust 8 5.94% $5,565
U.S. Bank 8 6.27% $10,784
Wells Fargo Bank 7 6.25% $5,256
LOANPAL, LLC 7 6.05% $12,626
NTFN, INC. 7 6.29% $5,736
Plains Commerce Bank 6 6.13% $10,386
First Liberty Bank 6 6.29% $8,332
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 6.69% $5,572
American Mortgage Bank, LLC 6 6.40% $11,522
American Mortgage & Equity Consultants, Inc. 6 7.19% $6,096
AmeriHome Mortgage Company, LLC 6 6.29% $10,145
TOWNE MORTGAGE COMPANY 6 6.54% $9,755
Magnolia Bank 5 6.28% $18,494
Equity Prime Mortgage LLC 5 7.28% $8,437
LAKEVIEW LOAN SERVICING, LLC 5 6.13% $10,444
SUN WEST MORTGAGE COMPANY, INC. 5 6.56% $10,535
Chickasaw Community Bank 5 6.70% $9,084
Bank of England 4 6.34% $7,297
Armed Forces Bank 4 6.47% $9,290
PLANET HOME LENDING, LLC 4 6.37% $9,897
PREMIA MORTGAGE, LLC 4 6.31% $6,925
SUCCESS MORTGAGE PARTNERS, INC. 4 7.00% $8,136
BNC National Bank 4 5.16% $10,273
HOMESIDE FINANCIAL, LLC 4 7.25% $16,249
EVERETT FINANCIAL, INC. 4 7.34% $6,624
Prosperity Bank 4 6.53% $7,803
GUARANTEED RATE AFFINITY, LLC 3 6.23% $7,434
POLARIS HOME FUNDING CORP. 3 7.33% $15,768
MidFirst Bank 3 5.92% $4,139
Simmons Bank 3 5.92% $3,846
Mortgage Investment Services Corporation 3 6.42% $23,651
EAGLE HOME MORTGAGE, LLC 3 5.04% $7,224
United Fidelity Funding Corp. 3 6.54% $11,514
NexBank 3 6.17% $6,173
AMERICAN FINANCIAL NETWORK, INC. 3 6.79% $5,256
MOVEMENT MORTGAGE, LLC 2 6.75% $5,613
Servion, Inc. 2 6.00% $8,828
OPEN MORTGAGE, LLC 2 7.19% $4,166
INTERLINC MORTGAGE SERVICES, LLC 2 6.69% $13,536
SENTE MORTGAGE, INC. 2 6.94% $5,366
S1L, Inc. 2 5.63% $14,015
AMERICAN FINANCING CORPORATION 2 6.31% $4,037
Goldwater Bank, N.A. 2 6.50% $5,804
DRAPER AND KRAMER MORTGAGE CORP. 2 6.19% $11,531
Nations Lending Corporation 2 5.88% $8,892
CONTOUR MORTGAGE CORPORATION 2 6.44% $15,930
First Federal Bank 2 7.25% $4,105
First Savings Bank 2 5.75% $11,648
Network Funding, L.P. 2 6.00% $11,478
RESIDENTIAL BANCORP 2 6.75% $10,106
RCB Bank 2 6.75% $9,382
Citizens Bank 2 6.25% $4,577
Century Mortgage Company DBA Century Lending Company 2 6.44% $2,608
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.44% $19,153
Northpointe Bank 2 6.00% $15,227
FBC MORTGAGE, LLC 2 5.62% $10,116
OKLAHOMA'S 2 6.81% $4,957
AXIA FINANCIAL, LLC 2 6.19% $10,040
Bank of America 2 6.63% $3,987
MORTGAGEONE, INC. 2 8.13% $4,150
Sierra Pacific Mortgage Company, Inc. 2 6.56% $11,987
FORT SILL 1 6.88% $2,453
GARDNER FINANCIAL SERVICES, LTD. 1 7.13% $8,373
GENEVA FINANCIAL, LLC 1 7.13% $19,135
GoPrime Mortgage, Inc. 1 6.88% $16,103
GSF Mortgage Corporation 1 5.13% $8,865
FIRST COLONY MORTGAGE CORPORATION 1 6.75% $7,299
First Bank 1 5.75% $12,989
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.00% $13,987
HOMESTEAD FUNDING CORP. 1 5.50% $4,280
HOMETRUST MORTGAGE COMPANY 1 6.25% $5,454
Ixonia Bank 1 6.25% $3,332
Fidelity Bank 1 7.25% $6,687
LEADERONE FINANCIAL CORPORATION 1 7.49% $5,954
LEGEND LENDING CORPORATION 1 6.50% $9,648
LENOX FINANCIAL MORTGAGE CORPORATION 1 5.88% $4,215
Lincoln FSB of Nebraska 1 6.25% $3,249
Waterstone Mortgage Corporation 1 7.25% $4,218
MEMBER FIRST MORTGAGE, LLC 1 7.13% $10,816
MICHIGAN MUTUAL, INC. 1 7.13% $89
EVANSVILLE TEACHERS 1 5.75% $6,947
M&T Bank 1 6.13% $6,302
COMMUNITYAMERICA 1 7.75% $10,626
COMMUNICATION 1 7.13% $3,795
NEW FED MORTGAGE, CORP. 1 7.63% $4,666
North American Savings Bank, F.S.B. 1 4.75% $977
CASTLE & COOKE MORTGAGE, LLC 1 6.50% $18,515
PHH Mortgage Corporation 1 6.99% $10,159
Carrington Mortgage Services, LLC 1 6.63% $2,927
CALIBER HOME LOANS, INC. 1 5.75% $39,408
ROYAL UNITED MORTGAGE LLC 1 7.13% $16,454
SFMC, LP 1 5.25% $11,103
BAY EQUITY LLC 1 7.63% $2,725
SUMMIT FUNDING, INC. 1 6.50% $23,682
Sunflower Bank 1 5.63% $6,429
THE MORTGAGE LINK, INC. 1 6.88% $8,086
Town Square Mortgage & Investments, Inc. 1 7.63% $2,659
Unify Home Lending Inc. 1 7.13% $4,378
UNION SQUARE 1 7.50% $3,958
US Employees O.C. Federal Credit Union 1 5.75% $11,973
US MORTGAGE CORPORATION 1 7.63% $8,028
AMERICAN FINANCIAL RESOURCES, INC. 1 6.13% $7,186
V.I.P. MORTGAGE, INC. 1 5.75% $3,306
First State Bank of St. Charles, Missouri 1 6.38% $4,608

The top Oklahoma City VA lender as defined by loan originations is Mortgage Research Center, LLC, with 459 VA loans originated. Their average total fees are $6,000, which is $521 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

The lowest fee Oklahoma City VA lenders (with over 10 loans originated) are CWM PARTNERS, L.P. ($3,977), MORTGAGE SOLUTIONS OF COLORADO, LLC ($4,703), GUARANTEED RATE, INC. ($5,437), NAVY FEDERAL CREDIT UNION ($5,479) and FIRST AMERICAN MORTGAGE, INC. ($5,827).

The lowest rate Oklahoma City VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.36%), PENTAGON FEDERAL CREDIT UNION (5.70%), NBKC BANK (5.74%), NAVY FEDERAL CREDIT UNION (5.82%) and CWM PARTNERS, L.P. (5.83%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Oklahoma City (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 $224,625 (3.6%) $289,303 (4.4%) 0.83 5,885
2018-02-01 $224,500 (3.0%) $292,603 (5.1%) 0.82 5,734
2018-03-01 $233,055 (5.7%) $301,200 (6.5%) 0.82 5,639
2018-04-01 $237,500 (5.6%) $306,794 (6.2%) 0.81 5,736
2018-05-01 $238,088 (3.5%) $309,325 (3.4%) 0.80 5,797
2018-06-01 $235,000 (2.2%) $310,440 (3.7%) 0.78 6,071
2018-07-01 $236,250 (4.3%) $312,663 (5.3%) 0.79 6,270
2018-08-01 $233,450 (3.8%) $307,954 (4.5%) 0.78 6,338
2018-09-01 $234,000 (4.0%) $309,152 (5.2%) 0.79 6,125
2018-10-01 $234,055 (4.3%) $312,495 (6.7%) 0.79 6,035
2018-11-01 $236,000 (6.0%) $316,134 (8.6%) 0.80 6,002
2018-12-01 $234,900 (4.5%) $318,080 (9.5%) 0.81 5,652
2019-01-01 $234,425 (4.4%) $314,541 (8.7%) 0.81 5,164
2019-02-01 $235,993 (5.1%) $312,419 (6.8%) 0.80 5,062
2019-03-01 $244,742 (5.0%) $324,103 (7.6%) 0.80 4,910
2019-04-01 $253,388 (6.7%) $334,334 (9.0%) 0.80 4,863
2019-05-01 $258,701 (8.7%) $339,316 (9.7%) 0.81 4,845
2019-06-01 $256,000 (8.9%) $339,689 (9.4%) 0.80 4,901
2019-07-01 $255,450 (8.1%) $339,886 (8.7%) 0.80 5,121
2019-08-01 $252,209 (8.0%) $339,141 (10.1%) 0.80 5,103
2019-09-01 $252,598 (8.0%) $338,264 (9.4%) 0.81 5,026
2019-10-01 $252,857 (8.0%) $337,359 (8.0%) 0.82 4,975
2019-11-01 $250,000 (5.9%) $338,294 (7.0%) 0.82 4,866
2019-12-01 $250,000 (6.4%) $340,009 (6.9%) 0.83 4,520
2020-01-01 $250,420 (6.8%) $337,996 (7.5%) 0.84 4,255
2020-02-01 $255,000 (8.1%) $340,099 (8.9%) 0.83 4,100
2020-03-01 $263,045 (7.5%) $345,031 (6.5%) 0.82 4,068
2020-04-01 $263,500 (4.0%) $344,511 (3.0%) 0.83 4,249
2020-05-01 $268,400 (3.8%) $354,200 (4.4%) 0.82 4,065
2020-06-01 $290,000 (13.3%) $387,484 (14.1%) 0.85 3,658
2020-07-01 $283,250 (10.9%) $387,000 (13.9%) 0.82 3,520
2020-08-01 $269,900 (7.0%) $375,059 (10.6%) 0.77 3,309
2020-09-01 $279,990 (10.8%) $393,775 (16.4%) 0.80 3,064
2020-10-01 $280,000 (10.7%) $399,411 (18.4%) 0.80 2,960
2020-11-01 $274,500 (9.8%) $394,403 (16.6%) 0.80 2,860
2020-12-01 $267,450 (7.0%) $390,267 (14.8%) 0.80 2,591
2021-01-01 $264,900 (5.8%) $382,725 (13.2%) 0.79 2,126
2021-02-01 $289,300 (13.5%) $416,273 (22.4%) 0.84 1,771
2021-03-01 $287,710 (9.4%) $419,976 (21.7%) 0.82 1,611
2021-04-01 $295,750 (12.2%) $435,367 (26.4%) 0.80 1,414
2021-05-01 $286,900 (6.9%) $425,803 (20.2%) 0.76 1,473
2021-06-01 $284,935 (-1.8%) $427,356 (10.3%) 0.75 1,734
2021-07-01 $285,000 (0.6%) $413,908 (7.0%) 0.75 2,098
2021-08-01 $279,751 (3.7%) $396,437 (5.7%) 0.75 2,388
2021-09-01 $275,642 (-1.6%) $390,030 (-1.0%) 0.74 2,420
2021-10-01 $274,993 (-1.8%) $399,764 (0.1%) 0.73 2,314
2021-11-01 $289,552 (5.5%) $420,330 (6.6%) 0.77 2,213
2021-12-01 $290,000 (8.4%) $410,654 (5.2%) 0.79 1,990
2022-01-01 $309,700 (16.9%) $426,093 (11.3%) 0.84 1,649
2022-02-01 $329,170 (13.8%) $443,992 (6.7%) 0.86 1,385
2022-03-01 $339,428 (18.0%) $458,237 (9.1%) 0.85 1,298
2022-04-01 $314,490 (6.3%) $435,093 (-0.1%) 0.75 1,434
2022-05-01 $325,805 (13.6%) $434,571 (2.1%) 0.74 1,838
2022-06-01 $321,990 (13.0%) $426,215 (-0.3%) 0.72 2,376
2022-07-01 $315,500 (10.7%) $409,500 (-1.1%) 0.71 3,084
2022-08-01 $319,344 (14.2%) $399,322 (0.7%) 0.74 3,336
2022-09-01 $322,245 (16.9%) $401,421 (2.9%) 0.75 3,255
2022-10-01 $320,000 (16.4%) $405,015 (1.3%) 0.75 3,541
2022-11-01 $325,000 (12.2%) $409,054 (-2.7%) 0.78 3,656
2022-12-01 $324,990 (12.1%) $404,474 (-1.5%) 0.80 3,489
2023-01-01 $338,837 (9.4%) $415,119 (-2.6%) 0.84 3,293
2023-02-01 $349,204 (6.1%) $422,130 (-4.9%) 0.84 3,052
2023-03-01 $350,000 (3.1%) $427,123 (-6.8%) 0.83 2,967
2023-04-01 $353,900 (12.5%) $429,085 (-1.4%) 0.82 2,913
2023-05-01 $354,653 (8.9%) $431,604 (-0.7%) 0.80 3,023
2023-06-01 $350,000 (8.7%) $434,286 (1.9%) 0.79 3,071
2023-07-01 $347,250 (10.1%) $431,505 (5.4%) 0.79 3,426
2023-08-01 $339,858 (6.4%) $420,632 (5.3%) 0.78 3,605
2023-09-01 $329,990 (2.4%) $416,892 (3.9%) 0.77 3,741
2023-10-01 $334,723 (4.6%) $413,774 (2.2%) 0.79 3,947
2023-11-01 $329,450 (1.4%) $408,881 (0.0%) 0.78 4,075
2023-12-01 $320,000 (-1.5%) $403,506 (-0.2%) 0.78 4,015
2024-01-01 $319,500 (-5.7%) $400,019 (-3.6%) 0.78 3,830
2024-02-01 $323,326 (-7.4%) $404,364 (-4.2%) 0.78 3,658
2024-03-01 $320,900 (-8.3%) $414,765 (-2.9%) 0.76 3,646
2024-04-01 $329,900 (-6.8%) $425,951 (-0.7%) 0.77 3,906
2024-05-01 $339,450 (-4.3%) $443,414 (2.7%) 0.77 4,039
2024-06-01 $335,000 (-4.3%) $440,992 (1.5%) 0.75 4,258
Oklahoma City's median listing price for 2024-06-01 was $335,000, a difference of $-15,000 (-4.3%) versus the prior year and $-4,450 versus the prior month.

Oklahoma City's median listing price comes in at 75% of the national average.

Oklahoma City's average listing price for 2024-06-01 was $440,992, a difference of $6,706 (1.5%) versus the prior year and $-2,422 versus the prior month.

For the 2024-06-01 period, Oklahoma City had 4,258 MLS listings, a difference of 219 listings (5%) versus the prior month and 1,187 listings (39%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Oklahoma City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 73 days 2,065 sqft
2018-02-01 67 days 2,059 sqft
2018-03-01 58 days 2,099 sqft
2018-04-01 50 days 2,132 sqft
2018-05-01 48 days 2,127 sqft
2018-06-01 48 days 2,117 sqft
2018-07-01 52 days 2,124 sqft
2018-08-01 58 days 2,107 sqft
2018-09-01 58 days 2,106 sqft
2018-10-01 60 days 2,100 sqft
2018-11-01 61 days 2,097 sqft
2018-12-01 72 days 2,077 sqft
2019-01-01 74 days 2,052 sqft
2019-02-01 66 days 2,052 sqft
2019-03-01 55 days 2,095 sqft
2019-04-01 44 days 2,143 sqft
2019-05-01 43 days 2,161 sqft
2019-06-01 44 days 2,150 sqft
2019-07-01 45 days 2,148 sqft
2019-08-01 47 days 2,138 sqft
2019-09-01 50 days 2,136 sqft
2019-10-01 52 days 2,132 sqft
2019-11-01 54 days 2,101 sqft
2019-12-01 62 days 2,095 sqft
2020-01-01 62 days 2,057 sqft
2020-02-01 49 days 2,066 sqft
2020-03-01 41 days 2,097 sqft
2020-04-01 44 days 2,100 sqft
2020-05-01 47 days 2,112 sqft
2020-06-01 44 days 2,239 sqft
2020-07-01 46 days 2,205 sqft
2020-08-01 50 days 2,116 sqft
2020-09-01 45 days 2,137 sqft
2020-10-01 43 days 2,142 sqft
2020-11-01 46 days 2,094 sqft
2020-12-01 51 days 2,031 sqft
2021-01-01 55 days 1,998 sqft
2021-02-01 44 days 2,077 sqft
2021-03-01 44 days 2,097 sqft
2021-04-01 40 days 2,108 sqft
2021-05-01 38 days 2,064 sqft
2021-06-01 35 days 2,007 sqft
2021-07-01 36 days 1,980 sqft
2021-08-01 35 days 1,949 sqft
2021-09-01 41 days 1,891 sqft
2021-10-01 43 days 1,873 sqft
2021-11-01 41 days 1,946 sqft
2021-12-01 47 days 1,917 sqft
2022-01-01 52 days 1,982 sqft
2022-02-01 43 days 1,999 sqft
2022-03-01 35 days 2,008 sqft
2022-04-01 33 days 1,932 sqft
2022-05-01 29 days 1,931 sqft
2022-06-01 31 days 1,916 sqft
2022-07-01 37 days 1,910 sqft
2022-08-01 40 days 1,919 sqft
2022-09-01 48 days 1,952 sqft
2022-10-01 47 days 1,970 sqft
2022-11-01 49 days 1,985 sqft
2022-12-01 60 days 1,989 sqft
2023-01-01 64 days 2,025 sqft
2023-02-01 53 days 2,029 sqft
2023-03-01 51 days 2,043 sqft
2023-04-01 46 days 2,047 sqft
2023-05-01 43 days 2,066 sqft
2023-06-01 45 days 2,062 sqft
2023-07-01 43 days 2,030 sqft
2023-08-01 43 days 2,015 sqft
2023-09-01 46 days 2,000 sqft
2023-10-01 46 days 2,000 sqft
2023-11-01 50 days 1,988 sqft
2023-12-01 58 days 1,949 sqft
2024-01-01 59 days 1,930 sqft
2024-02-01 55 days 1,947 sqft
2024-03-01 45 days 1,925 sqft
2024-04-01 41 days 1,953 sqft
2024-05-01 39 days 1,985 sqft
2024-06-01 45 days 1,968 sqft
Oklahoma City's median listing age (time on market) for 2024-06-01 was 45 days. This is 0% longer than the same period one year ago.

Oklahoma City's median square footage for active listings during the 2024-06-01 period was 1,968 sqft. One year prior, the average listing was 2,062 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.