Ozark VA Loan Rates, Closing Costs & Stats

Ozark, AL

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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 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.

    Ozark's 54 lenders originated 224 VA loans during 2024. The total origination value was $53,880,000, with an average VA loan value of $240,536.

    Ozark VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Ozark averaged 6.95% for the week of 2025-05-23, compared to the national average (all VA variants) of 6.52% for the same period.

    Ozark's average VA mortgage closing costs are $4,733.

    The average rate for the prior week (2025-05-16) was 6.94% and one month ago for the week of 2025-04-18, the average rate was 6.91%.

    The average rate one year ago was 7.03%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.52%.

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

    Ozark 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 Ozark level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Mortgage Research Center, LLC 57 6.67% $4,568
    CMG MORTGAGE, INC. 14 6.42% $8,934
    UNITED WHOLESALE MORTGAGE, LLC 11 5.77% $5,814
    MOVEMENT MORTGAGE, LLC 9 6.53% $5,332
    NEW DAY FINANCIAL, LLC 8 7.43% $8,902
    NAVY FEDERAL CREDIT UNION 8 6.00% $6,799
    USAA Federal Savings Bank 7 6.04% $8,470
    QUICKEN LOANS, LLC 7 6.14% $9,187
    FREEDOM MORTGAGE CORPORATION 7 6.30% $3,946
    PENNYMAC LOAN SERVICES, LLC 7 5.68% $5,524
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.48% $5,732
    ENVOY MORTGAGE, LTD 5 6.58% $4,021
    CROSSCOUNTRY MORTGAGE, LLC 5 6.74% $6,364
    NEWREZ LLC 4 5.25% $5,096
    Renasant Bank 3 6.29% $9,283
    GUARANTEED RATE, INC. 2 6.56% $3,580
    SOUTHWEST FUNDING, LP 2 6.50% $12,720
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.25% $10,232
    PENTAGON FEDERAL CREDIT UNION 2 6.00% $11,234
    Mid-Continent Funding, Inc. 2 6.56% $6,588
    UNION HOME MORTGAGE CORP. 2 6.31% $3,395
    Barrington Bank & Trust Company, N.A. 2 5.87% $5,026
    VILLAGE CAPITAL MORTGAGE 2 5.49% $4,067
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.00% $6,907
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.44% $12,392
    LOANDEPOT.COM, LLC 2 5.88% $13,425
    Mr. Cooper ( Nationstar Mortgage ) 2 5.75% $10,516
    Armed Forces Bank 2 6.56% $8,123
    Wells Fargo Bank 1 6.38% $5,215
    American Mortgage & Equity Consultants, Inc. 1 7.13% $6,510
    Ameris Bank 1 6.75% $10,913
    Assurance Financial Group, L.L.C. 1 7.25% $6,232
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.25% $5,800
    BankPlus 1 6.25% $14,279
    BETTER MORTGAGE CORPORATION 1 6.13% $3,698
    CHURCHILL MORTGAGE CORPORATION 1 7.25% $6,625
    Consumer First Mortgage, Inc. 1 6.75% $5,528
    CONTOUR MORTGAGE CORPORATION 1 7.13% $2,750
    Equity Prime Mortgage LLC 1 6.50% $2,611
    First Horizon Bank 1 6.13% $7,790
    FLAT BRANCH MORTGAGE, INC. 1 5.50% $18,753
    HOMESIDE FINANCIAL, LLC 1 5.38% $7,836
    LOANPAL, LLC 1 5.99% $14,348
    MICHIGAN MUTUAL, INC. 1 6.75% $4,912
    MORTGAGE INVESTORS GROUP, INC. 1 6.25% $3,109
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.00% $5,661
    NBKC BANK 1 6.13% $13,175
    NETWORK CAPITAL FUNDING CORPORATION 1 5.75% $10,544
    PHH Mortgage Corporation 1 5.49% $4,996
    PLAZA HOME MORTGAGE, INC. 1 6.25% $2,206
    PNC Bank 1 7.75% $767
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.25% $3,443
    SUN WEST MORTGAGE COMPANY, INC. 1 7.75% $3,492
    Tyndall Federal Credit Union 1 6.50% $2,565

    The top Ozark VA lender as defined by loan originations is Mortgage Research Center, LLC, with 57 VA loans originated. Their average total fees are $4,568, which is $4,365 lower than the next largest lender, CMG MORTGAGE, INC..

    The lowest fee Ozark VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,568), UNITED WHOLESALE MORTGAGE, LLC ($5,814), CMG MORTGAGE, INC. ($8,934), .

    The lowest rate Ozark VA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.77%), CMG MORTGAGE, INC. (6.42%), Mortgage Research Center, LLC (6.67%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Ozark (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 $125,225 (3.1%) $152,875 (4.2%) 0.00 218
    2018-02-01 $119,925 (-4.2%) $156,913 (1.4%) 0.00 231
    2018-03-01 $124,750 (-11.1%) $158,691 (-0.8%) 0.00 222
    2018-04-01 $126,225 (-9.8%) $155,865 (-3.8%) 0.00 240
    2018-05-01 $132,125 (-2.1%) $160,407 (5.1%) 0.00 275
    2018-06-01 $135,000 (5.4%) $160,676 (6.1%) 0.00 235
    2018-07-01 $134,750 (4.1%) $161,837 (5.3%) 0.00 238
    2018-08-01 $128,850 (3.9%) $165,313 (11.2%) 0.00 235
    2018-09-01 $125,000 (-0.6%) $158,402 (7.0%) 0.00 235
    2018-10-01 $127,250 (6.1%) $159,051 (5.1%) 0.00 243
    2018-11-01 $119,800 (-0.2%) $150,939 (-0.9%) 0.00 238
    2018-12-01 $119,900 (-3.9%) $150,658 (-0.2%) 0.00 243
    2019-01-01 $119,225 (-4.8%) $141,062 (-7.7%) 0.00 242
    2019-02-01 $119,675 (-0.2%) $142,066 (-9.5%) 0.00 232
    2019-03-01 $125,971 (1.0%) $153,482 (-3.3%) 0.00 210
    2019-04-01 $135,850 (7.6%) $165,778 (6.4%) 0.00 192
    2019-05-01 $133,650 (1.2%) $167,374 (4.3%) 0.00 183
    2019-06-01 $132,900 (-1.6%) $167,839 (4.5%) 0.00 198
    2019-07-01 $133,675 (-0.8%) $172,783 (6.8%) 0.00 183
    2019-08-01 $131,645 (2.2%) $176,080 (6.5%) 0.00 180
    2019-09-01 $130,439 (4.4%) $173,616 (9.6%) 0.00 185
    2019-10-01 $129,634 (1.9%) $173,425 (9.0%) 0.00 186
    2019-11-01 $129,250 (7.9%) $175,925 (16.6%) 0.00 180
    2019-12-01 $130,250 (8.6%) $174,937 (16.1%) 0.00 166
    2020-01-01 $137,975 (15.7%) $180,648 (28.1%) 0.00 159
    2020-02-01 $139,700 (16.7%) $175,280 (23.4%) 0.00 163
    2020-03-01 $143,700 (14.1%) $183,332 (19.5%) 0.00 158
    2020-04-01 $147,975 (8.9%) $185,569 (11.9%) 0.00 152
    2020-05-01 $148,950 (11.5%) $180,750 (8.0%) 0.00 133
    2020-06-01 $146,175 (10.0%) $186,200 (10.9%) 0.00 125
    2020-07-01 $131,500 (-1.6%) $177,927 (3.0%) 0.00 112
    2020-08-01 $149,900 (13.9%) $187,707 (6.6%) 0.00 112
    2020-09-01 $149,225 (14.4%) $194,843 (12.2%) 0.00 100
    2020-10-01 $156,250 (20.5%) $199,265 (14.9%) 0.00 92
    2020-11-01 $147,175 (13.9%) $186,755 (6.2%) 0.00 83
    2020-12-01 $145,600 (11.8%) $180,080 (2.9%) 0.00 79
    2021-01-01 $149,900 (8.6%) $164,781 (-8.8%) 0.00 69
    2021-02-01 $154,075 (10.3%) $177,159 (1.1%) 0.00 67
    2021-03-01 $155,000 (7.9%) $192,814 (5.2%) 0.00 62
    2021-04-01 $162,750 (10.0%) $200,871 (8.3%) 0.00 66
    2021-05-01 $168,000 (12.8%) $226,343 (25.2%) 0.00 59
    2021-06-01 $164,625 (12.6%) $253,937 (36.4%) 0.00 49
    2021-07-01 $159,950 (21.6%) $265,901 (49.4%) 0.00 56
    2021-08-01 $148,875 (-0.7%) $233,153 (24.2%) 0.00 65
    2021-09-01 $142,500 (-4.5%) $216,679 (11.2%) 0.00 63
    2021-10-01 $140,500 (-10.1%) $192,488 (-3.4%) 0.00 60
    2021-11-01 $151,375 (2.9%) $207,048 (10.9%) 0.00 50
    2021-12-01 $166,000 (14.0%) $190,670 (5.9%) 0.00 45
    2022-01-01 $142,500 (-4.9%) $182,452 (10.7%) 0.00 49
    2022-02-01 $144,375 (-6.3%) $211,143 (19.2%) 0.00 51
    2022-03-01 $150,250 (-3.1%) $227,104 (17.8%) 0.00 44
    2022-04-01 $179,500 (10.3%) $234,019 (16.5%) 0.00 50
    2022-05-01 $171,750 (2.2%) $240,469 (6.2%) 0.00 57
    2022-06-01 $184,000 (11.8%) $243,818 (-4.0%) 0.00 67
    2022-07-01 $190,000 (18.8%) $265,264 (-0.2%) 0.00 68
    2022-08-01 $190,700 (28.1%) $251,024 (7.7%) 0.00 80
    2022-09-01 $167,250 (17.4%) $224,108 (3.4%) 0.00 79
    2022-10-01 $175,000 (24.6%) $227,767 (18.3%) 0.00 89
    2022-11-01 $194,450 (28.5%) $242,264 (17.0%) 0.00 78
    2022-12-01 $215,000 (29.5%) $245,805 (28.9%) 0.00 71
    2023-01-01 $219,625 (54.1%) $263,588 (44.5%) 0.00 65
    2023-02-01 $203,725 (41.1%) $258,916 (22.6%) 0.00 56
    2023-03-01 $189,500 (26.1%) $257,945 (13.6%) 0.00 51
    2023-04-01 $214,200 (19.3%) $270,921 (15.8%) 0.00 49
    2023-05-01 $229,950 (33.9%) $285,627 (18.8%) 0.00 54
    2023-06-01 $222,900 (21.1%) $293,469 (20.4%) 0.00 59
    2023-07-01 $222,450 (17.1%) $291,878 (10.0%) 0.00 58
    2023-08-01 $205,450 (7.7%) $266,725 (6.3%) 0.00 61
    2023-09-01 $185,000 (10.6%) $240,556 (7.3%) 0.00 70
    2023-10-01 $194,500 (11.1%) $241,626 (6.1%) 0.00 80
    2023-11-01 $182,475 (-6.2%) $236,286 (-2.5%) 0.00 85
    2023-12-01 $185,000 (-14.0%) $224,882 (-8.5%) 0.00 87
    2024-01-01 $172,000 (-21.7%) $216,904 (-17.7%) 0.00 85
    2024-02-01 $180,450 (-11.4%) $219,913 (-15.1%) 0.00 84
    2024-03-01 $192,400 (1.5%) $242,313 (-6.1%) 0.00 97
    2024-04-01 $191,250 (-10.7%) $243,239 (-10.2%) 0.00 91
    2024-05-01 $197,300 (-14.2%) $237,545 (-16.8%) 0.00 102
    2024-06-01 $187,000 (-16.1%) $235,869 (-19.6%) 0.00 104
    2024-07-01 $222,975 (0.2%) $254,596 (-12.8%) 0.00 112
    2024-08-01 $237,450 (15.6%) $264,335 (-0.9%) 0.00 119
    2024-09-01 $239,900 (29.7%) $266,940 (11.0%) 0.00 132
    2024-10-01 $236,175 (21.4%) $255,250 (5.6%) 0.00 138
    2024-11-01 $239,000 (31.0%) $260,497 (10.3%) 0.00 143
    2024-12-01 $238,900 (29.1%) $259,436 (15.4%) 0.00 133
    2025-01-01 $239,225 (39.1%) $257,225 (18.6%) 0.00 116
    2025-02-01 $234,500 (30.0%) $257,985 (17.3%) 0.00 112
    2025-03-01 $239,000 (24.2%) $257,595 (6.3%) 0.00 120
    2025-04-01 $239,450 (25.2%) $270,481 (11.2%) 0.00 129
    Ozark's median listing price for 2025-04-01 was $239,450, a difference of $48,200 (25.2%) versus the prior year and $450 versus the prior month.

    Ozark's median listing price comes in at 0% of the national average.

    Ozark's average listing price for 2025-04-01 was $270,481, a difference of $27,242 (11.2%) versus the prior year and $12,886 versus the prior month.

    For the 2025-04-01 period, Ozark had 129 MLS listings, a difference of 9 listings (8%) versus the prior month and 38 listings (42%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ozark (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,716 sqft
    2018-02-01 0 days 1,674 sqft
    2018-03-01 0 days 1,701 sqft
    2018-04-01 0 days 1,688 sqft
    2018-05-01 0 days 1,743 sqft
    2018-06-01 0 days 1,736 sqft
    2018-07-01 0 days 1,767 sqft
    2018-08-01 0 days 1,793 sqft
    2018-09-01 0 days 1,769 sqft
    2018-10-01 0 days 1,758 sqft
    2018-11-01 0 days 1,686 sqft
    2018-12-01 0 days 1,659 sqft
    2019-01-01 0 days 1,612 sqft
    2019-02-01 0 days 1,618 sqft
    2019-03-01 0 days 1,678 sqft
    2019-04-01 0 days 1,750 sqft
    2019-05-01 0 days 1,755 sqft
    2019-06-01 0 days 1,744 sqft
    2019-07-01 0 days 1,750 sqft
    2019-08-01 0 days 1,750 sqft
    2019-09-01 0 days 1,770 sqft
    2019-10-01 0 days 1,764 sqft
    2019-11-01 0 days 1,700 sqft
    2019-12-01 0 days 1,720 sqft
    2020-01-01 0 days 1,723 sqft
    2020-02-01 0 days 1,739 sqft
    2020-03-01 0 days 1,779 sqft
    2020-04-01 0 days 1,809 sqft
    2020-05-01 0 days 1,730 sqft
    2020-06-01 0 days 1,719 sqft
    2020-07-01 0 days 1,700 sqft
    2020-08-01 0 days 1,820 sqft
    2020-09-01 0 days 1,760 sqft
    2020-10-01 0 days 1,848 sqft
    2020-11-01 0 days 1,764 sqft
    2020-12-01 0 days 1,750 sqft
    2021-01-01 0 days 1,764 sqft
    2021-02-01 0 days 1,757 sqft
    2021-03-01 0 days 1,704 sqft
    2021-04-01 0 days 1,727 sqft
    2021-05-01 0 days 1,820 sqft
    2021-06-01 0 days 1,891 sqft
    2021-07-01 0 days 1,794 sqft
    2021-08-01 0 days 1,686 sqft
    2021-09-01 0 days 1,648 sqft
    2021-10-01 0 days 1,614 sqft
    2021-11-01 0 days 1,682 sqft
    2021-12-01 0 days 1,632 sqft
    2022-01-01 0 days 1,592 sqft
    2022-02-01 0 days 1,595 sqft
    2022-03-01 0 days 1,638 sqft
    2022-04-01 0 days 1,795 sqft
    2022-05-01 0 days 1,660 sqft
    2022-06-01 0 days 1,722 sqft
    2022-07-01 0 days 2,020 sqft
    2022-08-01 0 days 1,962 sqft
    2022-09-01 0 days 1,649 sqft
    2022-10-01 0 days 1,666 sqft
    2022-11-01 0 days 1,776 sqft
    2022-12-01 0 days 1,820 sqft
    2023-01-01 0 days 1,995 sqft
    2023-02-01 0 days 2,009 sqft
    2023-03-01 0 days 2,096 sqft
    2023-04-01 0 days 2,143 sqft
    2023-05-01 0 days 2,232 sqft
    2023-06-01 0 days 2,192 sqft
    2023-07-01 0 days 2,118 sqft
    2023-08-01 0 days 1,986 sqft
    2023-09-01 0 days 1,707 sqft
    2023-10-01 0 days 1,753 sqft
    2023-11-01 0 days 1,705 sqft
    2023-12-01 0 days 1,735 sqft
    2024-01-01 0 days 1,722 sqft
    2024-02-01 0 days 1,671 sqft
    2024-03-01 0 days 1,766 sqft
    2024-04-01 0 days 1,731 sqft
    2024-05-01 0 days 1,708 sqft
    2024-06-01 0 days 1,725 sqft
    2024-07-01 0 days 1,847 sqft
    2024-08-01 0 days 1,870 sqft
    2024-09-01 0 days 1,825 sqft
    2024-10-01 0 days 1,739 sqft
    2024-11-01 0 days 1,824 sqft
    2024-12-01 0 days 1,707 sqft
    2025-01-01 0 days 1,764 sqft
    2025-02-01 0 days 1,861 sqft
    2025-03-01 0 days 1,872 sqft
    2025-04-01 0 days 1,903 sqft
    Ozark's median listing age (time on market) for 2025-04-01 was 0 days.

    Ozark's median square footage for active listings during the 2025-04-01 period was 1,903 sqft. One year prior, the average listing was 1,731 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.