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
6.85%
for the week of 2025-02-14, compared to the national average (all VA variants) of
6.428% for the same period.
Oklahoma City's average VA mortgage closing costs are $5,849.
The average rate for the prior week (2025-02-07) was
6.49% and
one month ago for the week of 2025-01-10, the
average rate was 6.82%.
The average rate one year ago was 6.45%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.45%.
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.
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 | $224,700 (3.7%) | $289,335 (4.4%) | 0.83 | 5,886 |
| 2018-02-01 | $224,500 (3.0%) | $292,617 (5.1%) | 0.82 | 5,735 |
| 2018-03-01 | $233,261 (5.7%) | $301,233 (6.5%) | 0.82 | 5,640 |
| 2018-04-01 | $237,500 (5.6%) | $306,794 (6.2%) | 0.81 | 5,738 |
| 2018-05-01 | $238,088 (3.5%) | $309,311 (3.4%) | 0.80 | 5,799 |
| 2018-06-01 | $235,000 (2.2%) | $310,405 (3.7%) | 0.78 | 6,076 |
| 2018-07-01 | $236,246 (4.3%) | $312,590 (5.3%) | 0.79 | 6,275 |
| 2018-08-01 | $233,450 (3.8%) | $307,863 (4.4%) | 0.78 | 6,343 |
| 2018-09-01 | $233,950 (4.0%) | $309,106 (5.2%) | 0.79 | 6,130 |
| 2018-10-01 | $233,925 (4.3%) | $312,430 (6.7%) | 0.79 | 6,040 |
| 2018-11-01 | $236,000 (6.0%) | $316,098 (8.6%) | 0.80 | 6,007 |
| 2018-12-01 | $234,900 (4.5%) | $317,982 (9.4%) | 0.81 | 5,658 |
| 2019-01-01 | $234,345 (4.3%) | $314,432 (8.7%) | 0.81 | 5,168 |
| 2019-02-01 | $235,980 (5.1%) | $312,325 (6.7%) | 0.80 | 5,064 |
| 2019-03-01 | $244,360 (4.8%) | $324,007 (7.6%) | 0.80 | 4,914 |
| 2019-04-01 | $252,920 (6.5%) | $334,213 (8.9%) | 0.80 | 4,867 |
| 2019-05-01 | $258,700 (8.7%) | $339,194 (9.7%) | 0.81 | 4,852 |
| 2019-06-01 | $256,000 (8.9%) | $339,596 (9.4%) | 0.80 | 4,903 |
| 2019-07-01 | $255,382 (8.1%) | $339,841 (8.7%) | 0.80 | 5,122 |
| 2019-08-01 | $252,064 (8.0%) | $339,080 (10.1%) | 0.80 | 5,105 |
| 2019-09-01 | $252,309 (7.9%) | $338,175 (9.4%) | 0.81 | 5,029 |
| 2019-10-01 | $252,473 (7.9%) | $337,271 (8.0%) | 0.82 | 4,978 |
| 2019-11-01 | $250,000 (5.9%) | $338,227 (7.0%) | 0.82 | 4,868 |
| 2019-12-01 | $250,000 (6.4%) | $339,937 (6.9%) | 0.83 | 4,521 |
| 2020-01-01 | $250,451 (6.9%) | $337,974 (7.5%) | 0.84 | 4,256 |
| 2020-02-01 | $255,000 (8.1%) | $340,145 (8.9%) | 0.83 | 4,101 |
| 2020-03-01 | $262,985 (7.6%) | $344,998 (6.5%) | 0.82 | 4,069 |
| 2020-04-01 | $263,375 (4.1%) | $344,479 (3.1%) | 0.83 | 4,250 |
| 2020-05-01 | $268,350 (3.7%) | $354,072 (4.4%) | 0.82 | 4,068 |
| 2020-06-01 | $290,000 (13.3%) | $387,497 (14.1%) | 0.85 | 3,663 |
| 2020-07-01 | $283,372 (11.0%) | $387,005 (13.9%) | 0.82 | 3,525 |
| 2020-08-01 | $269,900 (7.1%) | $375,010 (10.6%) | 0.77 | 3,315 |
| 2020-09-01 | $279,990 (11.0%) | $393,694 (16.4%) | 0.80 | 3,070 |
| 2020-10-01 | $280,000 (10.9%) | $399,288 (18.4%) | 0.80 | 2,968 |
| 2020-11-01 | $274,585 (9.8%) | $394,230 (16.6%) | 0.80 | 2,868 |
| 2020-12-01 | $267,473 (7.0%) | $390,170 (14.8%) | 0.80 | 2,599 |
| 2021-01-01 | $264,900 (5.8%) | $382,521 (13.2%) | 0.79 | 2,132 |
| 2021-02-01 | $289,300 (13.5%) | $416,046 (22.3%) | 0.84 | 1,776 |
| 2021-03-01 | $287,500 (9.3%) | $419,820 (21.7%) | 0.82 | 1,614 |
| 2021-04-01 | $295,750 (12.3%) | $435,229 (26.3%) | 0.80 | 1,416 |
| 2021-05-01 | $287,900 (7.3%) | $425,745 (20.2%) | 0.76 | 1,473 |
| 2021-06-01 | $284,930 (-1.8%) | $427,296 (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 (-0.9%) | 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%) | $410,647 (5.3%) | 0.79 | 1,990 |
| 2022-01-01 | $309,700 (16.9%) | $426,093 (11.4%) | 0.84 | 1,649 |
| 2022-02-01 | $329,170 (13.8%) | $443,992 (6.7%) | 0.86 | 1,385 |
| 2022-03-01 | $339,428 (18.1%) | $458,034 (9.1%) | 0.85 | 1,299 |
| 2022-04-01 | $314,490 (6.3%) | $435,022 (-0.1%) | 0.75 | 1,436 |
| 2022-05-01 | $325,766 (13.2%) | $434,288 (2.0%) | 0.74 | 1,840 |
| 2022-06-01 | $321,945 (13.0%) | $425,984 (-0.3%) | 0.72 | 2,382 |
| 2022-07-01 | $315,495 (10.7%) | $409,295 (-1.1%) | 0.71 | 3,088 |
| 2022-08-01 | $318,995 (14.0%) | $399,132 (0.7%) | 0.74 | 3,342 |
| 2022-09-01 | $321,875 (16.8%) | $401,225 (2.9%) | 0.75 | 3,260 |
| 2022-10-01 | $320,000 (16.4%) | $404,928 (1.3%) | 0.75 | 3,545 |
| 2022-11-01 | $325,000 (12.2%) | $408,904 (-2.7%) | 0.78 | 3,661 |
| 2022-12-01 | $324,990 (12.1%) | $404,336 (-1.5%) | 0.80 | 3,493 |
| 2023-01-01 | $338,933 (9.4%) | $415,016 (-2.6%) | 0.84 | 3,297 |
| 2023-02-01 | $349,180 (6.1%) | $421,867 (-5.0%) | 0.84 | 3,059 |
| 2023-03-01 | $350,032 (3.1%) | $427,202 (-6.7%) | 0.83 | 2,973 |
| 2023-04-01 | $353,571 (12.4%) | $428,733 (-1.5%) | 0.82 | 2,921 |
| 2023-05-01 | $353,813 (8.6%) | $431,288 (-0.7%) | 0.80 | 3,032 |
| 2023-06-01 | $350,000 (8.7%) | $433,997 (1.9%) | 0.79 | 3,080 |
| 2023-07-01 | $347,250 (10.1%) | $431,389 (5.4%) | 0.79 | 3,432 |
| 2023-08-01 | $339,900 (6.6%) | $420,539 (5.4%) | 0.78 | 3,610 |
| 2023-09-01 | $329,990 (2.5%) | $416,763 (3.9%) | 0.77 | 3,747 |
| 2023-10-01 | $334,940 (4.7%) | $413,726 (2.2%) | 0.79 | 3,951 |
| 2023-11-01 | $329,478 (1.4%) | $408,879 (0.0%) | 0.78 | 4,078 |
| 2023-12-01 | $320,450 (-1.4%) | $403,501 (-0.2%) | 0.78 | 4,017 |
| 2024-01-01 | $319,950 (-5.6%) | $400,035 (-3.6%) | 0.78 | 3,833 |
| 2024-02-01 | $323,475 (-7.4%) | $404,513 (-4.1%) | 0.78 | 3,662 |
| 2024-03-01 | $321,827 (-8.1%) | $414,817 (-2.9%) | 0.76 | 3,650 |
| 2024-04-01 | $329,900 (-6.7%) | $425,996 (-0.6%) | 0.77 | 3,908 |
| 2024-05-01 | $332,475 (-6.0%) | $435,351 (0.9%) | 0.77 | 4,037 |
| 2024-06-01 | $327,362 (-6.5%) | $429,870 (-1.0%) | 0.75 | 4,267 |
| 2024-07-01 | $324,450 (-6.6%) | $429,631 (-0.4%) | 0.74 | 4,648 |
| 2024-08-01 | $315,000 (-7.3%) | $420,008 (-0.1%) | 0.73 | 4,922 |
| 2024-09-01 | $314,950 (-4.6%) | $415,230 (-0.4%) | 0.74 | 5,150 |
| 2024-10-01 | $314,812 (-6.0%) | $412,518 (-0.3%) | 0.74 | 5,413 |
| 2024-11-01 | $309,995 (-5.9%) | $411,555 (0.7%) | 0.74 | 5,530 |
| 2024-12-01 | $309,950 (-3.3%) | $408,036 (1.1%) | 0.77 | 5,154 |
| 2025-01-01 | $312,368 (-2.4%) | $412,683 (3.2%) | 0.00 | 4,897 |
Oklahoma City's median listing price comes in at 0% of the national average.
Oklahoma City's average listing price for 2025-01-01 was $412,683, a difference of $12,648 (3.2%) versus the prior year and $4,647 versus the prior month.
For the 2025-01-01 period, Oklahoma City had 4,897 MLS listings, a difference of -257 listings (-5%) versus the prior month and 1,064 listings (28%) 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 | 2,123 sqft |
| 2018-08-01 | 58 days | 2,106 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 | 2,076 sqft |
| 2019-01-01 | 74 days | 2,051 sqft |
| 2019-02-01 | 66 days | 2,052 sqft |
| 2019-03-01 | 55 days | 2,095 sqft |
| 2019-04-01 | 44 days | 2,142 sqft |
| 2019-05-01 | 43 days | 2,160 sqft |
| 2019-06-01 | 44 days | 2,150 sqft |
| 2019-07-01 | 45 days | 2,148 sqft |
| 2019-08-01 | 47 days | 2,137 sqft |
| 2019-09-01 | 50 days | 2,136 sqft |
| 2019-10-01 | 52 days | 2,132 sqft |
| 2019-11-01 | 54 days | 2,100 sqft |
| 2019-12-01 | 62 days | 2,094 sqft |
| 2020-01-01 | 62 days | 2,056 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 | 2,111 sqft |
| 2020-06-01 | 44 days | 2,239 sqft |
| 2020-07-01 | 46 days | 2,205 sqft |
| 2020-08-01 | 50 days | 2,118 sqft |
| 2020-09-01 | 45 days | 2,138 sqft |
| 2020-10-01 | 43 days | 2,142 sqft |
| 2020-11-01 | 46 days | 2,094 sqft |
| 2020-12-01 | 51 days | 2,033 sqft |
| 2021-01-01 | 55 days | 2,000 sqft |
| 2021-02-01 | 44 days | 2,079 sqft |
| 2021-03-01 | 44 days | 2,097 sqft |
| 2021-04-01 | 40 days | 2,110 sqft |
| 2021-05-01 | 38 days | 2,067 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 | 1,935 sqft |
| 2022-05-01 | 29 days | 1,932 sqft |
| 2022-06-01 | 31 days | 1,916 sqft |
| 2022-07-01 | 37 days | 1,910 sqft |
| 2022-08-01 | 40 days | 1,918 sqft |
| 2022-09-01 | 48 days | 1,951 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 | 2,024 sqft |
| 2023-02-01 | 53 days | 2,029 sqft |
| 2023-03-01 | 51 days | 2,042 sqft |
| 2023-04-01 | 46 days | 2,045 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 | 2,014 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 | 1,950 sqft |
| 2024-01-01 | 59 days | 1,931 sqft |
| 2024-02-01 | 55 days | 1,949 sqft |
| 2024-03-01 | 45 days | 1,926 sqft |
| 2024-04-01 | 41 days | 1,954 sqft |
| 2024-05-01 | 39 days | 1,966 sqft |
| 2024-06-01 | 45 days | 1,945 sqft |
| 2024-07-01 | 45 days | 1,939 sqft |
| 2024-08-01 | 44 days | 1,914 sqft |
| 2024-09-01 | 45 days | 1,894 sqft |
| 2024-10-01 | 48 days | 1,888 sqft |
| 2024-11-01 | 57 days | 1,875 sqft |
| 2024-12-01 | 58 days | 1,875 sqft |
| 2025-01-01 | 0 days | 1,875 sqft |
Oklahoma City's median square footage for active listings during the 2025-01-01 period was 1,875 sqft. One year prior, the average listing was 1,931 sqft.