Oshkosh VA Loan Rates, Closing Costs & Stats

OSHKOSH-NEENAH, WI

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.

Oshkosh's 68 lenders originated 438 VA loans during 2021. The total origination value was $91,600,000, with an average VA loan value of $209,132.

Oshkosh VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Oshkosh averaged 6.9% for the week of 2022-12-02, compared to the national average (all VA variants) of 6.292% for the same period.

Oshkosh's average VA mortgage closing costs are $3,943.

The average rate for the prior week (2022-11-25) was 6.74% and one month ago for the week of 2022-10-28, the average rate was 7.13%.

The average rate one year ago was 3.51%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.49%.

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

Oshkosh 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 Oshkosh level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Mortgage Research Center, LLC 56 2.93% $5,443
FREEDOM MORTGAGE CORPORATION 56 2.50% $1,967
QUICKEN LOANS, LLC 41 2.56% $5,467
PENNYMAC LOAN SERVICES, LLC 16 2.56% $4,959
USAA Federal Savings Bank 15 2.82% $4,432
FINANCE OF AMERICA MORTGAGE LLC 13 2.87% $3,726
UNITED WHOLESALE MORTGAGE, LLC 13 2.44% $2,869
Wells Fargo Bank 11 2.66% $2,089
NAVY FEDERAL CREDIT UNION 11 2.52% $4,577
NEW DAY FINANCIAL, LLC 10 2.95% $5,981
CALIBER HOME LOANS, INC. 8 2.55% $2,062
Associated Bank 7 2.84% $3,154
Mr. Cooper ( Nationstar Mortgage ) 7 2.79% $2,003
Waterstone Mortgage Corporation 7 3.00% $5,273
AMERISAVE MORTGAGE CORPORATION 7 2.77% $6,165
LAKEVIEW LOAN SERVICING, LLC 6 2.63% $2,702
U.S. Bank 6 2.85% $5,473
Plains Commerce Bank 6 2.56% $4,361
Low VA Rates, LLC 4 2.00% $6,822
CLEARPATH LENDING 4 2.25% $3,208
INLANTA MORTGAGE, INC. 4 2.84% $1,720
Paramount Residential Mortgage Group, Inc. 4 2.81% $2,694
The Federal Savings Bank 4 2.78% $8,634
Barrington Bank & Trust Company, N.A. 4 2.49% $1,930
Wolfe Financial, Inc 3 3.25% $2,982
BROKER SOLUTIONS, INC. 3 2.62% $2,952
Carrington Mortgage Services, LLC 3 2.58% $2,573
CHERRY CREEK MORTGAGE, LLC 3 3.38% $1,936
CORNERSTONE HOME LENDING, INC. 3 3.38% $3,913
CROSSCOUNTRY MORTGAGE, LLC 3 2.88% $7,674
GSF Mortgage Corporation 3 3.13% $2,258
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 2.50% $2,965
LOANDEPOT.COM, LLC 3 2.74% $2,567
TOWNE MORTGAGE COMPANY 3 3.08% $5,146
Prosperity Home Mortgage, LLC 2 2.87% $2,017
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 2.87% $2,665
FIRST CENTENNIAL MORTGAGE CORPORATION 2 2.63% $1,764
CRESCENT MORTGAGE COMPANY 2 2.81% $5,427
First Federal Bank 2 2.69% $2,574
Citizens Bank 2 3.19% $1,303
VILLAGE CAPITAL MORTGAGE 2 2.38% $3,147
Sierra Pacific Mortgage Company, Inc. 2 2.75% $3,642
M&T Bank 2 2.94% $3,317
Loan Simple, Inc. 2 2.56% $4,755
Old National Bank 1 3.00% $1,632
Flagstar Bank, FSB 1 2.75% $2,244
PARKSIDE LENDING, LLC 1 2.75% $2,061
PENTAGON FEDERAL CREDIT UNION 1 2.25% $0
JPMorgan Chase Bank 1 3.13% $4,172
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.25% $2,382
Fifth Third Bank 1 2.75% $5,432
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 2.75% $1,015
SOVEREIGN LENDING GROUP INCORPORATED 1 2.88% $7,559
SUCCESS MORTGAGE PARTNERS, INC. 1 3.50% $9,325
ACADEMY MORTGAGE CORPORATION 1 2.75% $3,020
CityWorth Mortgage LLC 1 3.25% $8,435
Bank Five Nine 1 3.25% $13,610
ACCELERATE MORTGAGE, LLC 1 2.75% $23,053
PLANET HOME LENDING, LLC 1 2.75% $880
Magnolia Bank 1 2.75% $6,640
MID AMERICA MORTGAGE, INC. 1 2.75% $1,630
HOME POINT FINANCIAL CORPORATION 1 2.75% $2,536
GUILD MORTGAGE COMPANY 1 2.38% $3,787
Nations Lending Corporation 1 3.00% $4,530
GUARANTEED RATE, INC. 1 2.88% $1,720
Goldwater Bank, N.A. 1 2.50% $2,546
NEWREZ LLC 1 2.63% $1,335
North American Savings Bank, F.S.B. 1 2.25% $1,054

The top Oshkosh VA lender as defined by loan originations is Mortgage Research Center, LLC, with 56 VA loans originated. Their average total fees are $5,443, which is $3,476 higher than the next largest lender, FREEDOM MORTGAGE CORPORATION.

The lowest fee Oshkosh VA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION ($1,967), Wells Fargo Bank ($2,089), UNITED WHOLESALE MORTGAGE, LLC ($2,869), FINANCE OF AMERICA MORTGAGE LLC ($3,726) and USAA Federal Savings Bank ($4,432).

The lowest rate Oshkosh VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (2.44%), FREEDOM MORTGAGE CORPORATION (2.50%), NAVY FEDERAL CREDIT UNION (2.52%), QUICKEN LOANS, LLC (2.56%) and PENNYMAC LOAN SERVICES, LLC (2.56%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Oshkosh (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 $155,000 (9.4%) $228,964 (7.1%) 0.57 542
2018-02-01 $155,000 (6.6%) $226,551 (5.0%) 0.56 595
2018-03-01 $169,900 (14.9%) $236,701 (8.1%) 0.60 612
2018-04-01 $204,900 (29.8%) $291,577 (31.4%) 0.69 360
2018-05-01 $217,225 (34.8%) $298,084 (32.9%) 0.73 370
2018-06-01 $199,900 (28.6%) $281,512 (26.6%) 0.67 391
2018-07-01 $183,950 (18.8%) $279,203 (27.2%) 0.61 403
2018-08-01 $182,625 (21.0%) $273,092 (24.1%) 0.61 422
2018-09-01 $182,700 (18.0%) $266,634 (16.5%) 0.61 420
2018-10-01 $177,175 (14.3%) $265,491 (16.6%) 0.60 417
2018-11-01 $174,750 (12.8%) $262,660 (18.3%) 0.59 409
2018-12-01 $169,900 (13.3%) $261,361 (17.2%) 0.59 367
2019-01-01 $164,763 (6.3%) $263,973 (15.3%) 0.57 340
2019-02-01 $184,950 (19.3%) $274,531 (21.2%) 0.62 317
2019-03-01 $196,657 (15.8%) $283,611 (19.8%) 0.64 301
2019-04-01 $196,957 (-3.9%) $286,216 (-1.8%) 0.63 290
2019-05-01 $211,150 (-2.8%) $291,099 (-2.3%) 0.66 303
2019-06-01 $204,950 (2.5%) $287,528 (2.1%) 0.64 330
2019-07-01 $217,425 (18.2%) $291,129 (4.3%) 0.68 371
2019-08-01 $221,086 (21.1%) $300,636 (10.1%) 0.70 386
2019-09-01 $219,041 (19.9%) $295,105 (10.7%) 0.70 409
2019-10-01 $217,677 (22.9%) $291,417 (9.8%) 0.70 417
2019-11-01 $209,900 (20.1%) $289,622 (10.3%) 0.69 390
2019-12-01 $218,075 (28.4%) $287,925 (10.2%) 0.73 338
2020-01-01 $224,925 (36.5%) $281,482 (6.6%) 0.75 294
2020-02-01 $235,000 (27.1%) $296,370 (8.0%) 0.77 274
2020-03-01 $257,150 (30.8%) $327,247 (15.4%) 0.81 264
2020-04-01 $266,950 (35.5%) $331,967 (16.0%) 0.84 259
2020-05-01 $264,900 (25.5%) $337,440 (15.9%) 0.81 238
2020-06-01 $264,950 (29.3%) $356,175 (23.9%) 0.78 220
2020-07-01 $262,400 (20.7%) $357,421 (22.8%) 0.76 205
2020-08-01 $229,900 (4.0%) $328,393 (9.2%) 0.66 215
2020-09-01 $232,475 (6.1%) $335,611 (13.7%) 0.67 208
2020-10-01 $222,450 (2.2%) $342,676 (17.6%) 0.64 198
2020-11-01 $213,450 (1.7%) $327,421 (13.1%) 0.62 184
2020-12-01 $212,450 (-2.6%) $352,520 (22.4%) 0.63 159
2021-01-01 $227,500 (1.1%) $380,297 (35.1%) 0.68 121
2021-02-01 $232,450 (-1.1%) $381,945 (28.9%) 0.68 117
2021-03-01 $229,925 (-10.6%) $381,817 (16.7%) 0.65 111
2021-04-01 $234,500 (-12.2%) $374,191 (12.7%) 0.63 116
2021-05-01 $264,900 (0.0%) $366,505 (8.6%) 0.70 142
2021-06-01 $254,900 (-3.8%) $364,167 (2.2%) 0.67 158
2021-07-01 $230,000 (-12.4%) $346,886 (-3.0%) 0.61 162
2021-08-01 $237,400 (3.3%) $336,935 (2.6%) 0.63 183
2021-09-01 $239,325 (3.0%) $339,402 (1.1%) 0.64 186
2021-10-01 $239,500 (7.7%) $349,254 (1.9%) 0.64 181
2021-11-01 $254,450 (19.2%) $351,517 (7.4%) 0.68 174
2021-12-01 $238,700 (12.4%) $322,105 (-8.6%) 0.65 142
2022-01-01 $259,900 (14.2%) $340,953 (-10.4%) 0.70 106
2022-02-01 $242,400 (4.3%) $340,805 (-10.8%) 0.63 99
2022-03-01 $282,425 (22.8%) $364,165 (-4.6%) 0.71 78
2022-04-01 $279,900 (19.4%) $344,758 (-7.9%) 0.67 96
2022-05-01 $292,225 (10.3%) $345,438 (-5.8%) 0.67 125
2022-06-01 $287,400 (12.8%) $340,717 (-6.4%) 0.64 150
2022-07-01 $254,950 (10.9%) $333,007 (-4.0%) 0.58 167
2022-08-01 $287,975 (21.3%) $353,678 (5.0%) 0.67 172
2022-09-01 $274,925 (14.9%) $348,473 (2.7%) 0.64 148
2022-10-01 $267,450 (11.7%) $331,640 (-5.0%) 0.63 161
2022-11-01 $284,950 (12.0%) $345,967 (-1.6%) 0.69 161
Oshkosh's median listing price for 2022-11-01 was $284,950, a difference of $30,500 (12.0%) versus the prior year and $17,500 versus the prior month.

Oshkosh's median listing price comes in at 69% of the national average.

Oshkosh's average listing price for 2022-11-01 was $345,967, a difference of $-5,550 (-1.6%) versus the prior year and $14,327 versus the prior month.

For the 2022-11-01 period, Oshkosh had 161 MLS listings, a difference of 0 listings (0%) versus the prior month and -13 listings (-7%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Oshkosh (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 88 days 1,689 sqft
2018-02-01 81 days 1,672 sqft
2018-03-01 57 days 1,729 sqft
2018-04-01 60 days 1,811 sqft
2018-05-01 56 days 1,828 sqft
2018-06-01 52 days 1,811 sqft
2018-07-01 55 days 1,740 sqft
2018-08-01 55 days 1,742 sqft
2018-09-01 53 days 1,760 sqft
2018-10-01 59 days 1,704 sqft
2018-11-01 67 days 1,669 sqft
2018-12-01 82 days 1,660 sqft
2019-01-01 91 days 1,662 sqft
2019-02-01 90 days 1,672 sqft
2019-03-01 77 days 1,708 sqft
2019-04-01 65 days 1,741 sqft
2019-05-01 53 days 1,779 sqft
2019-06-01 50 days 1,819 sqft
2019-07-01 52 days 1,819 sqft
2019-08-01 56 days 1,840 sqft
2019-09-01 55 days 1,804 sqft
2019-10-01 56 days 1,780 sqft
2019-11-01 68 days 1,793 sqft
2019-12-01 82 days 1,770 sqft
2020-01-01 87 days 1,747 sqft
2020-02-01 75 days 1,775 sqft
2020-03-01 59 days 1,807 sqft
2020-04-01 59 days 1,887 sqft
2020-05-01 75 days 1,839 sqft
2020-06-01 62 days 1,846 sqft
2020-07-01 59 days 1,870 sqft
2020-08-01 58 days 1,776 sqft
2020-09-01 54 days 1,775 sqft
2020-10-01 62 days 1,776 sqft
2020-11-01 61 days 1,765 sqft
2020-12-01 66 days 1,753 sqft
2021-01-01 87 days 1,752 sqft
2021-02-01 78 days 1,832 sqft
2021-03-01 53 days 1,741 sqft
2021-04-01 47 days 1,737 sqft
2021-05-01 31 days 1,739 sqft
2021-06-01 34 days 1,771 sqft
2021-07-01 45 days 1,719 sqft
2021-08-01 41 days 1,719 sqft
2021-09-01 47 days 1,626 sqft
2021-10-01 47 days 1,627 sqft
2021-11-01 52 days 1,689 sqft
2021-12-01 56 days 1,680 sqft
2022-01-01 59 days 1,732 sqft
2022-02-01 43 days 1,607 sqft
2022-03-01 44 days 1,722 sqft
2022-04-01 27 days 1,610 sqft
2022-05-01 25 days 1,659 sqft
2022-06-01 24 days 1,705 sqft
2022-07-01 32 days 1,651 sqft
2022-08-01 40 days 1,654 sqft
2022-09-01 45 days 1,666 sqft
2022-10-01 44 days 1,651 sqft
2022-11-01 51 days 1,687 sqft
Oshkosh's median listing age (time on market) for 2022-11-01 was 51 days. This is -2% shorter than the same period one year ago.

Oshkosh's median square footage for active listings during the 2022-11-01 period was 1,687 sqft. One year prior, the average listing was 1,689 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.