Oshkosh VA Loans

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 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.