Oxnard VA Loans

OXNARD-THOUSAND OAKS-VENTURA, CA

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.

Oxnard's 161 lenders originated 2,768 VA loans during 2021. The total origination value was $1,505,560,000, with an average VA loan value of $543,916.

Oxnard VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Oxnard averaged 5.49% for the week of 2022-05-20, compared to the national average (all VA variants) of 5.143% for the same period.

The average rate for the prior week (2022-05-13) was 5.5% and one month ago for the week of 2022-04-15, the average rate was 5.07%.

The average rate one year ago was 2.86%.

For refis of the same type during the week of 2022-05-20, the average rate was 5.41%.

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

Oxnard 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 Oxnard level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 247 2.34% $5,710
FREEDOM MORTGAGE CORPORATION 228 2.35% $4,358
UNITED WHOLESALE MORTGAGE, LLC 164 2.46% $8,052
PENNYMAC LOAN SERVICES, LLC 151 2.28% $8,439
NAVY FEDERAL CREDIT UNION 105 2.44% $6,766
LOANDEPOT.COM, LLC 104 2.42% $6,901
Mortgage Research Center, LLC 99 2.75% $12,135
HOME POINT FINANCIAL CORPORATION 68 2.43% $6,745
CALIBER HOME LOANS, INC. 59 2.47% $10,943
LAKEVIEW LOAN SERVICING, LLC 56 2.43% $3,182
GUILD MORTGAGE COMPANY 52 2.57% $7,605
Golden Empire Mortgage, Inc. 48 2.68% $9,517
VILLAGE CAPITAL & INVESTMENT LLC 48 2.14% $6,059
HOMEBRIDGE FINANCIAL SERVICES, INC. 43 2.48% $7,564
GUARANTEED RATE, INC. 41 2.53% $7,515
CROSSCOUNTRY MORTGAGE, LLC 41 2.55% $9,532
CLEARPATH LENDING 36 2.24% $7,227
CUSTOMER SERVICE MORTGAGE CORPORATION 34 2.56% $8,652
BROKER SOLUTIONS, INC. 33 2.48% $5,119
The Federal Savings Bank 31 2.40% $10,591
CMG MORTGAGE, INC. 29 2.46% $9,309
Mr. Cooper ( Nationstar Mortgage ) 27 2.51% $4,572
CAPSTONE DIRECT, INC. 27 2.42% $9,189
NEW DAY FINANCIAL, LLC 27 2.66% $15,590
AMERICAN PACIFIC MORTGAGE CORPORATION 26 2.69% $13,583
NEWREZ LLC 23 2.60% $5,337
FINANCE OF AMERICA MORTGAGE LLC 23 2.52% $8,292
MLD MORTGAGE INC. 23 2.60% $11,004
STEARNS LENDING, LLC 21 2.40% $5,716
USAA Federal Savings Bank 18 2.90% $6,839
Flagstar Bank, FSB 17 2.61% $11,313
AMERICAN FINANCIAL NETWORK, INC. 17 2.41% $13,540
Lakeview Community Capital, LLC 17 2.45% $2,866
SUN WEST MORTGAGE COMPANY, INC. 17 2.52% $6,269
Wells Fargo Bank 16 2.52% $8,560
First Guaranty Mortgage Corporation 16 2.55% $9,298
MOVEMENT MORTGAGE, LLC 15 2.74% $7,104
PENTAGON FEDERAL CREDIT UNION 15 2.34% $5,070
DIGNIFIED HOME LOANS, LLC 13 2.55% $4,791
ALAMEDA MORTGAGE CORPORATION 12 2.46% $11,794
Low VA Rates, LLC 11 2.53% $5,346
BNC National Bank 11 2.25% $8,725
DRAPER AND KRAMER MORTGAGE CORP. 11 2.36% $6,751
NETWORK CAPITAL FUNDING CORPORATION 11 2.43% $5,975
NBKC BANK 10 2.55% $6,446
Prosperity Home Mortgage, LLC 10 2.78% $9,988
EAGLE HOME MORTGAGE, LLC 9 3.14% $13,503
Century Mortgage Company DBA Century Lending Company 9 2.79% $12,707
Barrington Bank & Trust Company, N.A. 9 2.58% $8,487
PLANET HOME LENDING, LLC 9 2.35% $5,096
InterContinental Capital Group, Inc 9 2.39% $4,573
KBHS HOME LOANS, LLC 9 2.69% $13,279
Prime Choice Funding Inc. 9 2.37% $6,840
North American Savings Bank, F.S.B. 8 2.34% $4,403
Paramount Residential Mortgage Group, Inc. 8 2.72% $9,190
NATIONS DIRECT MORTGAGE, LLC 7 2.59% $10,022
AUGUSTA FINANCIAL, INC. 7 2.61% $13,963
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 7 2.75% $8,361
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 2.77% $14,148
CELEBRITY HOME LOANS, LLC 7 2.86% $9,524
OPEN MORTGAGE, LLC 7 2.52% $14,047
MUTUAL OF OMAHA MORTGAGE, INC. 6 2.38% $6,683
Strong Home Mortgage, LLC 6 2.46% $1,842
OCMBC, INC. 6 2.35% $8,890
ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 2.48% $4,763
MUFG Union Bank 6 2.77% $5,680
Carrington Mortgage Services, LLC 6 2.48% $10,484
NP, Inc. 5 2.50% $3,782
KS StateBank 4 2.25% $859
PANORAMA MORTGAGE GROUP, LLC 4 2.63% $14,200
Commerce Home Mortgage, Inc. 4 2.38% $6,500
Wyndham Capital Mortgage, Inc. 4 2.41% $5,883
Nations Lending Corporation 4 2.84% $11,970
Equity Prime Mortgage LLC 4 2.78% $12,591
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 4 2.81% $12,700
ANGEL OAK HOME LOANS LLC 4 2.75% $8,915
HOMEAMERICAN MORTGAGE CORPORATION 4 2.75% $0
U.S. Bank 4 2.93% $12,683
BRIDGELOCK CAPITAL 3 2.54% $3,497
CENTRAL COAST LENDING, INC. 3 2.63% $5,959
First Federal Bank 3 2.92% $17,117
LENDUS, LLC 3 2.79% $6,860
MOUNTAIN WEST FINANCIAL, INC. 3 2.54% $8,008
PLAZA HOME MORTGAGE, INC. 3 2.79% $11,055
Presidential Bank, FSB 3 2.58% $11,178
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 2.79% $9,401
RESIDENTIAL WHOLESALE MORTGAGE, INC. 3 2.88% $6,234
SOVEREIGN LENDING GROUP INCORPORATED 3 2.33% $2,596
ACCELERATE MORTGAGE, LLC 2 2.25% $8,698
GUARANTEED RATE AFFINITY, LLC 2 2.25% $2,931
SUMMIT FUNDING, INC. 2 2.62% $12,282
AXIA FINANCIAL, LLC 2 2.31% $4,062
HomeStreet Bank 2 2.75% $7,870
MEGA CAPITAL FUNDING, INC. 2 2.25% $6,440
LOANPAL, LLC 2 2.25% $16,685
Paramount Bank 2 2.94% $5,702
ACADEMY MORTGAGE CORPORATION 2 2.69% $3,958
First Federal Bank of Kansas City 2 2.31% $3,844
AMERISAVE MORTGAGE CORPORATION 2 2.81% $19,001
AmeriHome Mortgage Company, LLC 2 2.69% $2,746
CHURCHILL MORTGAGE CORPORATION 2 2.44% $9,298
MORTGAGEONE, INC. 2 2.56% $14,781
Financial Funding Solutions, Inc. 2 2.56% $9,508
Mid-Continent Funding, Inc. 2 2.50% $13,499
Watermark Capital, Inc. 2 3.13% $6,530
HighTechLending Inc 2 2.88% $15,008
LENOX FINANCIAL MORTGAGE CORPORATION 2 2.75% $14,842
CORNERSTONE HOME LENDING, INC. 1 3.25% $31,860
ONY GLO, INC. 1 2.63% $5,364
Colten Mortgage, LLC 1 3.00% $3,533
Citizens Bank 1 2.63% $21,947
CIS Financial Services, Inc. 1 2.88% $14,963
CHERRY CREEK MORTGAGE, LLC 1 2.25% $970
PHH Mortgage Corporation 1 3.00% $8,047
Capital Bank 1 2.50% $4,040
PNC Bank 1 2.50% $2,280
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.25% $7,281
CALCULATED RISK ANALYTICS LLC 1 3.13% $22,897
Willamette Valley Bank 1 3.25% $22,783
ABSOLUTE HOME MORTGAGE CORPORATION 1 2.25% $3,095
BECKAM FUNDING CORP. 1 2.25% $2,951
ROYAL UNITED MORTGAGE LLC 1 2.88% $2,020
Shea Mortgage Inc. 1 2.50% $6,054
Sierra Pacific Mortgage Company, Inc. 1 2.38% $2,916
SIRVA MORTGAGE, INC. 1 3.00% $0
ZILLOW HOME LOANS, LLC 1 2.75% $15,651
SRE MORTGAGE ALLIANCE INC. 1 2.25% $3,380
S&S Financial 1 2.25% $2,110
BAY EQUITY LLC 1 2.25% $3,179
Bank of the West 1 2.88% $5,613
Texana Bank 1 2.25% $1,735
Armed Forces Bank 1 2.25% $2,504
TJC Mortgage, Inc. 1 2.25% $4,913
TOP FLITE FINANCIAL, INC. 1 2.88% $12,754
UNITED SECURITY FINANCIAL CORP 1 1.75% $8,704
IMPAC MORTGAGE CORP. 1 2.38% $0
JPMorgan Chase Bank 1 2.50% $2,944
LADERA LENDING, INC. 1 2.63% $5,832
INTERCAP LENDING INC. 1 2.25% $25,016
INTELLILOAN, INC. 1 2.37% $7,457
LAND HOME FINANCIAL SERVICES, INC. 1 2.25% $8,559
VERITAS FUNDING, LLC 1 2.75% $7,018
AmRes Corporation 1 3.75% $600
Manufacturers and Traders Trust Company 1 2.25% $5,543
MASON MCDUFFIE MORTGAGE CORPORATION 1 2.25% $27,201
MICHIGAN MUTUAL, INC. 1 2.88% $0
HOMESTEAD FUNDING CORP. 1 2.38% $7,458
ML Mortgage Corp. 1 3.38% $6,556
MORIA DEVELOPMENT, INC. 1 2.50% $2,743
HOMESIDE FINANCIAL, LLC 1 2.25% $7,730
ALL WESTERN MORTGAGE, INC. 1 3.38% $4,329
HomePromise Corporation 1 2.75% $7,208
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 2.88% $12,779
Home Mortgage Alliance Corp 1 1.75% $10,521
HOME APPROVALS DIRECT, INC. 1 2.75% $19,076
NATIONWIDE MORTGAGE BANKERS, INC. 1 2.50% $17,428
Franklin Loan Corporation 1 3.00% $600
First Mortgage Solutions, LLC 1 2.38% $3,958
FIRST CENTENNIAL MORTGAGE CORPORATION 1 2.38% $3,682
EMM LOANS LLC 1 2.75% $28,123
DATA MORTGAGE, INC. 1 3.38% $16,734

The top Oxnard VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 247 VA loans originated. Their average total fees are $5,710, which is $1,352 higher than the next largest lender, FREEDOM MORTGAGE CORPORATION.

The lowest fee Oxnard VA lenders (with over 10 loans originated) are Lakeview Community Capital, LLC ($2,866), LAKEVIEW LOAN SERVICING, LLC ($3,182), FREEDOM MORTGAGE CORPORATION ($4,358), Mr. Cooper ( Nationstar Mortgage ) ($4,572) and DIGNIFIED HOME LOANS, LLC ($4,791).

The lowest rate Oxnard VA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC (2.14%), CLEARPATH LENDING (2.24%), BNC National Bank (2.25%), PENNYMAC LOAN SERVICES, LLC (2.28%) and PENTAGON FEDERAL CREDIT UNION (2.34%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Oxnard (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 $762,000 (5.2%) $1,392,597 (12.1%) 2.81 1,186
2018-02-01 $754,500 (-1.4%) $1,346,101 (1.8%) 2.72 1,262
2018-03-01 $749,900 (-3.9%) $1,326,603 (0.2%) 2.59 1,434
2018-04-01 $773,450 (-0.7%) $1,342,456 (0.7%) 2.60 1,559
2018-05-01 $754,450 (-2.5%) $1,308,361 (1.7%) 2.52 1,764
2018-06-01 $749,950 (-3.2%) $1,274,063 (1.7%) 2.50 1,931
2018-07-01 $749,450 (-2.5%) $1,237,108 (-1.2%) 2.50 2,073
2018-08-01 $732,450 (-4.8%) $1,200,820 (-3.7%) 2.45 2,149
2018-09-01 $709,000 (-7.8%) $1,175,511 (-5.9%) 2.37 2,208
2018-10-01 $699,975 (-10.5%) $1,164,561 (-10.0%) 2.34 2,158
2018-11-01 $699,000 (-9.2%) $1,156,284 (-10.6%) 2.34 2,081
2018-12-01 $699,000 (-9.8%) $1,179,260 (-12.4%) 2.39 1,823
2019-01-01 $698,500 (-8.3%) $1,198,226 (-14.0%) 2.41 1,689
2019-02-01 $698,000 (-7.5%) $1,217,041 (-9.6%) 2.34 1,660
2019-03-01 $710,143 (-5.3%) $1,213,263 (-8.5%) 2.31 1,735
2019-04-01 $725,000 (-6.3%) $1,195,413 (-11.0%) 2.28 1,829
2019-05-01 $735,000 (-2.6%) $1,208,928 (-7.6%) 2.27 1,980
2019-06-01 $749,999 (0.0%) $1,237,010 (-2.9%) 2.31 2,041
2019-07-01 $759,475 (1.3%) $1,243,760 (0.5%) 2.36 2,039
2019-08-01 $760,714 (3.9%) $1,207,502 (0.6%) 2.39 1,905
2019-09-01 $775,000 (9.3%) $1,197,690 (1.9%) 2.46 1,738
2019-10-01 $778,450 (11.2%) $1,223,757 (5.1%) 2.48 1,706
2019-11-01 $749,000 (7.2%) $1,198,902 (3.7%) 2.42 1,667
2019-12-01 $787,000 (12.6%) $1,311,819 (11.2%) 2.62 1,328
2020-01-01 $822,450 (17.8%) $1,365,773 (14.0%) 2.74 1,240
2020-02-01 $849,990 (21.8%) $1,413,497 (16.1%) 2.74 1,236
2020-03-01 $854,000 (20.3%) $1,405,855 (15.9%) 2.67 1,254
2020-04-01 $798,950 (10.2%) $1,299,030 (8.7%) 2.49 1,351
2020-05-01 $819,000 (11.4%) $1,322,877 (9.4%) 2.48 1,446
2020-06-01 $843,495 (12.5%) $1,319,268 (6.7%) 2.46 1,284
2020-07-01 $849,925 (11.9%) $1,366,936 (9.9%) 2.44 1,150
2020-08-01 $859,000 (12.9%) $1,426,763 (18.2%) 2.45 1,013
2020-09-01 $894,000 (15.4%) $1,546,122 (29.1%) 2.55 937
2020-10-01 $874,995 (12.4%) $1,537,513 (25.6%) 2.50 972
2020-11-01 $864,500 (15.4%) $1,622,609 (35.3%) 2.48 838
2020-12-01 $872,000 (10.8%) $1,638,787 (24.9%) 2.56 646
2021-01-01 $855,000 (4.0%) $1,647,350 (20.6%) 2.52 551
2021-02-01 $873,450 (2.8%) $1,676,723 (18.6%) 2.51 681
2021-03-01 $924,500 (8.3%) $1,710,047 (21.6%) 2.59 532
2021-04-01 $945,000 (18.3%) $1,750,099 (34.7%) 2.54 542
2021-05-01 $879,000 (7.3%) $1,877,322 (41.9%) 2.31 574
2021-06-01 $887,450 (5.2%) $1,939,578 (47.0%) 2.31 660
2021-07-01 $897,500 (5.6%) $1,848,019 (35.2%) 2.33 741
2021-08-01 $871,000 (1.4%) $1,735,746 (21.7%) 2.29 762
2021-09-01 $884,000 (-1.1%) $1,791,851 (15.9%) 2.33 755
2021-10-01 $895,000 (2.3%) $1,830,554 (19.1%) 2.36 682
2021-11-01 $894,500 (3.5%) $1,883,512 (16.1%) 2.36 567
2021-12-01 $914,000 (4.8%) $1,980,476 (20.9%) 2.44 456
2022-01-01 $945,000 (10.5%) $2,136,134 (29.7%) 2.52 393
2022-02-01 $922,450 (5.6%) $2,160,154 (28.8%) 2.35 404
2022-03-01 $943,011 (2.0%) $1,960,241 (14.6%) 2.33 462
2022-04-01 $939,000 (-0.6%) $1,883,012 (7.6%) 2.21 531
Oxnard's median listing price for 2022-04-01 was $939,000, a difference of $-6,000 (-0.6%) versus the prior year and $-4,011 versus the prior month.

Oxnard's median listing price comes in at 221% of the national average.

Oxnard's average listing price for 2022-04-01 was $1,883,012, a difference of $132,913 (7.6%) versus the prior year and $-77,229 versus the prior month.

For the 2022-04-01 period, Oxnard had 531 MLS listings, a difference of 69 listings (15%) versus the prior month and -11 listings (-2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Oxnard (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 65 days 2,095 sqft
2018-02-01 38 days 2,041 sqft
2018-03-01 36 days 2,044 sqft
2018-04-01 38 days 2,083 sqft
2018-05-01 38 days 2,045 sqft
2018-06-01 39 days 2,022 sqft
2018-07-01 42 days 2,029 sqft
2018-08-01 43 days 2,009 sqft
2018-09-01 45 days 1,979 sqft
2018-10-01 50 days 1,959 sqft
2018-11-01 52 days 1,961 sqft
2018-12-01 64 days 1,950 sqft
2019-01-01 68 days 1,917 sqft
2019-02-01 52 days 1,921 sqft
2019-03-01 44 days 1,929 sqft
2019-04-01 40 days 1,974 sqft
2019-05-01 39 days 2,030 sqft
2019-06-01 43 days 2,062 sqft
2019-07-01 47 days 2,078 sqft
2019-08-01 50 days 2,065 sqft
2019-09-01 55 days 2,069 sqft
2019-10-01 53 days 2,071 sqft
2019-11-01 54 days 2,000 sqft
2019-12-01 59 days 2,051 sqft
2020-01-01 65 days 2,133 sqft
2020-02-01 45 days 2,159 sqft
2020-03-01 42 days 2,168 sqft
2020-04-01 47 days 2,100 sqft
2020-05-01 62 days 2,125 sqft
2020-06-01 54 days 2,179 sqft
2020-07-01 45 days 2,184 sqft
2020-08-01 40 days 2,147 sqft
2020-09-01 20 days 2,173 sqft
2020-10-01 35 days 2,159 sqft
2020-11-01 39 days 2,118 sqft
2020-12-01 45 days 2,107 sqft
2021-01-01 51 days 2,086 sqft
2021-02-01 26 days 2,095 sqft
2021-03-01 26 days 2,135 sqft
2021-04-01 29 days 2,139 sqft
2021-05-01 31 days 2,037 sqft
2021-06-01 29 days 2,033 sqft
2021-07-01 33 days 2,006 sqft
2021-08-01 32 days 1,960 sqft
2021-09-01 34 days 1,980 sqft
2021-10-01 36 days 1,986 sqft
2021-11-01 38 days 1,975 sqft
2021-12-01 42 days 1,986 sqft
2022-01-01 41 days 2,010 sqft
2022-02-01 26 days 1,912 sqft
2022-03-01 27 days 1,877 sqft
2022-04-01 25 days 1,895 sqft
Oxnard's median listing age (time on market) for 2022-04-01 was 25 days. This is -12% shorter than the same period one year ago.

Oxnard's median square footage for active listings during the 2022-04-01 period was 1,895 sqft. One year prior, the average listing was 2,139 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.