Oshkosh VA Loans

OSHKOSH-NEENAH, WI

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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 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 5.77% for the week of 2022-05-13, compared to the national average (all VA variants) of 5.158% for the same period.

    The average rate for the prior week (2022-05-06) was 5.4% and one month ago for the week of 2022-04-08, the average rate was 5.02%.

    The average rate one year ago was 3.34%.

    For refis of the same type during the week of 2022-05-13, the average rate was 5.26%.

    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 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. Total Fees
    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 & INVESTMENT LLC 2 2.38% $3,147
    Sierra Pacific Mortgage Company, Inc. 2 2.75% $3,642
    Manufacturers and Traders Trust Company 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 $169,900 (11.7%) $243,731 (7.1%) 0.63 557
    2018-02-01 $171,200 (10.5%) $241,457 (5.1%) 0.62 617
    2018-03-01 $184,900 (15.7%) $249,528 (6.8%) 0.64 639
    2018-04-01 $225,400 (28.9%) $309,487 (32.2%) 0.76 381
    2018-05-01 $224,700 (28.4%) $311,431 (32.3%) 0.75 394
    2018-06-01 $209,900 (22.5%) $292,488 (25.0%) 0.70 415
    2018-07-01 $197,400 (19.7%) $290,966 (26.1%) 0.66 419
    2018-08-01 $197,400 (22.5%) $285,119 (23.4%) 0.66 446
    2018-09-01 $197,400 (17.6%) $281,003 (17.5%) 0.66 444
    2018-10-01 $190,000 (16.0%) $280,010 (17.9%) 0.64 445
    2018-11-01 $199,900 (24.9%) $279,248 (20.8%) 0.67 433
    2018-12-01 $185,000 (15.7%) $280,080 (19.0%) 0.63 389
    2019-01-01 $182,400 (7.4%) $285,990 (17.3%) 0.63 362
    2019-02-01 $204,900 (19.7%) $295,172 (22.3%) 0.69 338
    2019-03-01 $219,514 (18.7%) $305,394 (22.4%) 0.72 323
    2019-04-01 $222,064 (-1.5%) $307,311 (-0.7%) 0.70 306
    2019-05-01 $224,000 (-0.3%) $304,265 (-2.3%) 0.69 312
    2019-06-01 $224,900 (7.2%) $302,056 (3.3%) 0.69 344
    2019-07-01 $219,950 (11.4%) $302,629 (4.0%) 0.68 373
    2019-08-01 $220,714 (11.8%) $309,543 (8.6%) 0.69 377
    2019-09-01 $215,000 (8.9%) $299,568 (6.6%) 0.68 393
    2019-10-01 $223,450 (17.6%) $299,904 (7.1%) 0.71 429
    2019-11-01 $219,900 (10.0%) $301,529 (8.0%) 0.71 402
    2019-12-01 $222,450 (20.2%) $287,564 (2.7%) 0.74 340
    2020-01-01 $222,500 (22.0%) $281,852 (-1.5%) 0.74 296
    2020-02-01 $239,900 (17.1%) $296,128 (0.3%) 0.77 272
    2020-03-01 $261,950 (19.3%) $327,667 (7.3%) 0.82 272
    2020-04-01 $269,900 (21.5%) $333,683 (8.6%) 0.84 268
    2020-05-01 $275,000 (22.8%) $352,506 (15.9%) 0.83 249
    2020-06-01 $275,450 (22.5%) $372,351 (23.3%) 0.80 220
    2020-07-01 $279,900 (27.3%) $384,722 (27.1%) 0.80 204
    2020-08-01 $259,900 (17.8%) $352,370 (13.8%) 0.74 214
    2020-09-01 $244,950 (13.9%) $350,983 (17.2%) 0.70 205
    2020-10-01 $249,900 (11.8%) $358,717 (19.6%) 0.71 199
    2020-11-01 $247,450 (12.5%) $353,649 (17.3%) 0.71 188
    2020-12-01 $242,400 (9.0%) $367,826 (27.9%) 0.71 163
    2021-01-01 $258,500 (16.2%) $393,104 (39.5%) 0.76 127
    2021-02-01 $266,900 (11.3%) $403,049 (36.1%) 0.77 120
    2021-03-01 $262,450 (0.2%) $395,524 (20.7%) 0.74 116
    2021-04-01 $257,500 (-4.6%) $389,083 (16.6%) 0.69 122
    2021-05-01 $280,000 (1.8%) $374,600 (6.3%) 0.74 145
    2021-06-01 $272,450 (-1.1%) $362,744 (-2.6%) 0.71 166
    2021-07-01 $259,900 (-7.2%) $351,337 (-8.7%) 0.68 166
    2021-08-01 $247,500 (-4.8%) $331,083 (-6.0%) 0.65 191
    2021-09-01 $249,900 (2.0%) $337,414 (-3.9%) 0.66 192
    2021-10-01 $260,000 (4.0%) $349,863 (-2.5%) 0.68 186
    2021-11-01 $262,450 (6.1%) $351,775 (-0.5%) 0.69 176
    2021-12-01 $254,900 (5.2%) $324,061 (-11.9%) 0.68 144
    2022-01-01 $264,900 (2.5%) $341,018 (-13.3%) 0.71 106
    2022-02-01 $247,400 (-7.3%) $343,447 (-14.8%) 0.63 99
    2022-03-01 $287,717 (9.6%) $365,361 (-7.6%) 0.71 80
    2022-04-01 $294,900 (14.5%) $347,235 (-10.8%) 0.69 95
    Oshkosh's median listing price for 2022-04-01 was $294,900, a difference of $37,400 (14.5%) versus the prior year and $7,183 versus the prior month.

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

    Oshkosh's average listing price for 2022-04-01 was $347,235, a difference of $-41,848 (-10.8%) versus the prior year and $-18,126 versus the prior month.

    For the 2022-04-01 period, Oshkosh had 95 MLS listings, a difference of 15 listings (19%) versus the prior month and -27 listings (-22%) 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 1,723 sqft
    2018-02-01 78 days 1,723 sqft
    2018-03-01 55 days 1,790 sqft
    2018-04-01 63 days 1,859 sqft
    2018-05-01 57 days 1,886 sqft
    2018-06-01 54 days 1,832 sqft
    2018-07-01 58 days 1,810 sqft
    2018-08-01 57 days 1,822 sqft
    2018-09-01 56 days 1,832 sqft
    2018-10-01 63 days 1,746 sqft
    2018-11-01 68 days 1,725 sqft
    2018-12-01 84 days 1,714 sqft
    2019-01-01 93 days 1,717 sqft
    2019-02-01 93 days 1,733 sqft
    2019-03-01 74 days 1,788 sqft
    2019-04-01 65 days 1,805 sqft
    2019-05-01 54 days 1,806 sqft
    2019-06-01 47 days 1,830 sqft
    2019-07-01 49 days 1,842 sqft
    2019-08-01 52 days 1,817 sqft
    2019-09-01 51 days 1,782 sqft
    2019-10-01 52 days 1,773 sqft
    2019-11-01 64 days 1,800 sqft
    2019-12-01 80 days 1,778 sqft
    2020-01-01 88 days 1,753 sqft
    2020-02-01 71 days 1,776 sqft
    2020-03-01 56 days 1,877 sqft
    2020-04-01 55 days 1,910 sqft
    2020-05-01 60 days 1,935 sqft
    2020-06-01 58 days 1,912 sqft
    2020-07-01 50 days 1,920 sqft
    2020-08-01 42 days 1,800 sqft
    2020-09-01 43 days 1,800 sqft
    2020-10-01 51 days 1,806 sqft
    2020-11-01 51 days 1,814 sqft
    2020-12-01 57 days 1,779 sqft
    2021-01-01 73 days 1,776 sqft
    2021-02-01 65 days 1,869 sqft
    2021-03-01 44 days 1,753 sqft
    2021-04-01 45 days 1,723 sqft
    2021-05-01 31 days 1,739 sqft
    2021-06-01 33 days 1,776 sqft
    2021-07-01 41 days 1,726 sqft
    2021-08-01 38 days 1,724 sqft
    2021-09-01 43 days 1,627 sqft
    2021-10-01 45 days 1,650 sqft
    2021-11-01 49 days 1,723 sqft
    2021-12-01 53 days 1,711 sqft
    2022-01-01 56 days 1,762 sqft
    2022-02-01 46 days 1,612 sqft
    2022-03-01 42 days 1,752 sqft
    2022-04-01 30 days 1,638 sqft
    Oshkosh's median listing age (time on market) for 2022-04-01 was 30 days. This is -33% shorter than the same period one year ago.

    Oshkosh's median square footage for active listings during the 2022-04-01 period was 1,638 sqft. One year prior, the average listing was 1,723 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.