Stillwater VA Loan Rates, Closing Costs & Stats

Stillwater, OK

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Stillwater's 30 lenders originated 67 VA loans during 2023. The total origination value was $18,475,000, with an average VA loan value of $275,746.

    Stillwater VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Stillwater averaged 0.38% for the week of 2024-11-15, compared to the national average (all VA variants) of 0% for the same period.

    Stillwater's average VA mortgage closing costs are $5,812.

    The average rate for the prior week (2024-11-08) was 6.39% and one month ago for the week of 2024-10-11, the average rate was 5.86%.

    The average rate one year ago was 7.15%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.2%.

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

    Stillwater 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 Stillwater level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 19 6.68% $6,572
    SENTE MORTGAGE, INC. 4 7.22% $13,034
    PENNYMAC LOAN SERVICES, LLC 4 5.56% $9,192
    QUICKEN LOANS, LLC 3 5.54% $8,330
    AMCAP MORTGAGE, LTD. 2 6.75% $7,016
    GUARANTEED RATE, INC. 2 6.50% $11,060
    NAVY FEDERAL CREDIT UNION 2 5.88% $4,932
    UNITED WHOLESALE MORTGAGE, LLC 2 5.81% $4,304
    USAA Federal Savings Bank 2 6.06% $7,389
    Great Plains National Bank 1 6.25% $16,091
    The Federal Savings Bank 1 6.75% $9,326
    LAKEVIEW LOAN SERVICING, LLC 1 5.50% $11,079
    LEADERONE FINANCIAL CORPORATION 1 5.25% $4,275
    ASSOCIATED MORTGAGE CORPORATION 1 7.50% $5,223
    Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $11,380
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $11,045
    THE MORTGAGE LINK, INC. 1 7.38% $11,838
    NEW DAY FINANCIAL, LLC 1 7.49% $2,756
    NEWREZ LLC 1 5.75% $10,872
    Arvest Bank 1 6.50% $3,615
    PLANET HOME LENDING, LLC 1 6.00% $14,626
    AMERISAVE MORTGAGE CORPORATION 1 6.25% $11,545
    RCB Bank 1 6.75% $11,183
    AMERICAN FINANCIAL NETWORK, INC. 1 7.75% $2,676
    Simmons Bank 1 6.63% $4,101
    Stride Bank 1 7.00% $7,300
    Barrington Bank & Trust Company, N.A. 1 6.75% $4,342
    Chickasaw Community Bank 1 6.63% $675
    CORNERSTONE HOME LENDING, INC. 1 6.75% $53,226
    Gateway First Bank 1 6.25% $1,806

    The top Stillwater VA lender as defined by loan originations is Mortgage Research Center, LLC, with 19 VA loans originated. Their average total fees are $6,572, which is $6,462 lower than the next largest lender, SENTE MORTGAGE, INC..

    The lowest fee Stillwater VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,572), .

    The lowest rate Stillwater VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.68%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Stillwater (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 $177,525 (11.0%) $238,269 (25.0%) 0.00 269
    2018-02-01 $183,450 (11.2%) $234,967 (21.8%) 0.00 291
    2018-03-01 $179,950 (7.7%) $235,392 (17.8%) 0.00 319
    2018-04-01 $191,600 (16.1%) $249,013 (18.2%) 0.00 292
    2018-05-01 $193,500 (15.5%) $251,836 (19.4%) 0.00 294
    2018-06-01 $189,500 (12.2%) $245,050 (14.9%) 0.00 312
    2018-07-01 $194,925 (14.7%) $247,206 (16.8%) 0.00 349
    2018-08-01 $189,550 (13.2%) $245,768 (12.8%) 0.00 345
    2018-09-01 $189,900 (13.4%) $239,567 (6.5%) 0.00 329
    2018-10-01 $181,875 (7.3%) $235,453 (-0.2%) 0.00 323
    2018-11-01 $179,998 (3.2%) $236,481 (-0.3%) 0.00 330
    2018-12-01 $179,900 (3.4%) $231,636 (-2.1%) 0.00 310
    2019-01-01 $187,850 (5.8%) $234,772 (-1.5%) 0.00 294
    2019-02-01 $189,900 (3.5%) $240,648 (2.4%) 0.00 304
    2019-03-01 $194,186 (7.9%) $246,963 (4.9%) 0.00 320
    2019-04-01 $196,586 (2.6%) $256,595 (3.0%) 0.00 331
    2019-05-01 $191,000 (-1.3%) $261,167 (3.7%) 0.00 333
    2019-06-01 $189,900 (0.2%) $255,223 (4.2%) 0.00 334
    2019-07-01 $179,950 (-7.7%) $246,472 (-0.3%) 0.00 315
    2019-08-01 $182,273 (-3.8%) $248,753 (1.2%) 0.00 317
    2019-09-01 $180,432 (-5.0%) $245,424 (2.5%) 0.00 328
    2019-10-01 $179,205 (-1.5%) $243,201 (3.3%) 0.00 337
    2019-11-01 $175,000 (-2.8%) $243,934 (3.2%) 0.00 320
    2019-12-01 $173,975 (-3.3%) $244,901 (5.7%) 0.00 287
    2020-01-01 $172,375 (-8.2%) $240,626 (2.5%) 0.00 265
    2020-02-01 $174,950 (-7.9%) $248,863 (3.4%) 0.00 273
    2020-03-01 $195,450 (0.7%) $253,298 (2.6%) 0.00 293
    2020-04-01 $199,850 (1.7%) $259,909 (1.3%) 0.00 276
    2020-05-01 $210,000 (10.0%) $269,978 (3.4%) 0.00 265
    2020-06-01 $202,475 (6.6%) $268,821 (5.3%) 0.00 263
    2020-07-01 $206,750 (14.9%) $273,466 (11.0%) 0.00 230
    2020-08-01 $209,900 (15.2%) $276,811 (11.3%) 0.00 212
    2020-09-01 $203,100 (12.6%) $270,856 (10.4%) 0.00 207
    2020-10-01 $189,900 (6.0%) $260,752 (7.2%) 0.00 195
    2020-11-01 $187,875 (7.4%) $257,394 (5.5%) 0.00 168
    2020-12-01 $190,225 (9.3%) $271,415 (10.8%) 0.00 158
    2021-01-01 $199,900 (16.0%) $269,871 (12.2%) 0.00 132
    2021-02-01 $215,000 (22.9%) $262,021 (5.3%) 0.00 128
    2021-03-01 $196,750 (0.7%) $259,941 (2.6%) 0.00 104
    2021-04-01 $193,166 (-3.3%) $274,535 (5.6%) 0.00 95
    2021-05-01 $195,245 (-7.0%) $254,774 (-5.6%) 0.00 103
    2021-06-01 $202,500 (0.0%) $289,043 (7.5%) 0.00 101
    2021-07-01 $215,000 (4.0%) $282,781 (3.4%) 0.00 139
    2021-08-01 $167,500 (-20.2%) $244,507 (-11.7%) 0.00 182
    2021-09-01 $190,145 (-6.4%) $259,119 (-4.3%) 0.00 169
    2021-10-01 $185,000 (-2.6%) $285,232 (9.4%) 0.00 169
    2021-11-01 $177,225 (-5.7%) $279,678 (8.7%) 0.00 160
    2021-12-01 $174,950 (-8.0%) $276,620 (1.9%) 0.00 143
    2022-01-01 $173,700 (-13.1%) $279,390 (3.5%) 0.00 114
    2022-02-01 $178,450 (-17.0%) $337,212 (28.7%) 0.00 79
    2022-03-01 $246,850 (25.5%) $394,394 (51.7%) 0.00 81
    2022-04-01 $251,633 (30.3%) $391,928 (42.8%) 0.00 89
    2022-05-01 $236,200 (21.0%) $344,442 (35.2%) 0.00 98
    2022-06-01 $233,750 (15.4%) $341,601 (18.2%) 0.00 106
    2022-07-01 $260,500 (21.2%) $378,452 (33.8%) 0.00 140
    2022-08-01 $284,338 (69.8%) $401,725 (64.3%) 0.00 136
    2022-09-01 $251,843 (32.5%) $382,480 (47.6%) 0.00 140
    2022-10-01 $245,000 (32.4%) $343,727 (20.5%) 0.00 156
    2022-11-01 $255,069 (43.9%) $350,091 (25.2%) 0.00 153
    2022-12-01 $251,340 (43.7%) $356,110 (28.7%) 0.00 137
    2023-01-01 $252,170 (45.2%) $365,923 (31.0%) 0.00 134
    2023-02-01 $241,853 (35.5%) $360,840 (7.0%) 0.00 124
    2023-03-01 $247,486 (0.3%) $353,764 (-10.3%) 0.00 127
    2023-04-01 $250,000 (-0.7%) $347,010 (-11.5%) 0.00 147
    2023-05-01 $272,450 (15.4%) $349,371 (1.4%) 0.00 174
    2023-06-01 $274,950 (17.6%) $340,020 (-0.5%) 0.00 160
    2023-07-01 $253,042 (-2.9%) $325,448 (-14.0%) 0.00 188
    2023-08-01 $267,125 (-6.1%) $319,615 (-20.4%) 0.00 196
    2023-09-01 $240,000 (-4.7%) $314,700 (-17.7%) 0.00 212
    2023-10-01 $237,175 (-3.2%) $304,199 (-11.5%) 0.00 216
    2023-11-01 $249,350 (-2.2%) $340,735 (-2.7%) 0.00 212
    2023-12-01 $239,900 (-4.6%) $337,550 (-5.2%) 0.00 208
    2024-01-01 $231,371 (-8.3%) $334,865 (-8.5%) 0.00 207
    2024-02-01 $236,504 (-2.2%) $357,498 (-0.9%) 0.00 209
    2024-03-01 $240,000 (-3.0%) $369,940 (4.6%) 0.00 217
    2024-04-01 $264,495 (5.8%) $416,794 (20.1%) 0.00 214
    2024-05-01 $256,764 (-5.8%) $378,638 (8.4%) 0.00 235
    2024-06-01 $256,900 (-6.6%) $387,236 (13.9%) 0.00 258
    2024-07-01 $259,945 (2.7%) $393,782 (21.0%) 0.00 261
    2024-08-01 $256,574 (-4.0%) $386,653 (21.0%) 0.00 260
    2024-09-01 $254,745 (6.1%) $387,020 (23.0%) 0.00 277
    2024-10-01 $253,994 (7.1%) $389,686 (28.1%) 0.00 265
    Stillwater's median listing price for 2024-10-01 was $253,994, a difference of $16,819 (7.1%) versus the prior year and $-751 versus the prior month.

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

    Stillwater's average listing price for 2024-10-01 was $389,686, a difference of $85,487 (28.1%) versus the prior year and $2,666 versus the prior month.

    For the 2024-10-01 period, Stillwater had 265 MLS listings, a difference of -12 listings (-4%) versus the prior month and 49 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Stillwater (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,751 sqft
    2018-02-01 0 days 1,770 sqft
    2018-03-01 0 days 1,818 sqft
    2018-04-01 0 days 1,839 sqft
    2018-05-01 0 days 1,897 sqft
    2018-06-01 0 days 1,842 sqft
    2018-07-01 0 days 1,875 sqft
    2018-08-01 0 days 1,841 sqft
    2018-09-01 0 days 1,813 sqft
    2018-10-01 0 days 1,776 sqft
    2018-11-01 0 days 1,823 sqft
    2018-12-01 0 days 1,746 sqft
    2019-01-01 0 days 1,749 sqft
    2019-02-01 0 days 1,815 sqft
    2019-03-01 0 days 1,845 sqft
    2019-04-01 0 days 1,878 sqft
    2019-05-01 0 days 1,894 sqft
    2019-06-01 0 days 1,864 sqft
    2019-07-01 0 days 1,798 sqft
    2019-08-01 0 days 1,797 sqft
    2019-09-01 0 days 1,787 sqft
    2019-10-01 0 days 1,780 sqft
    2019-11-01 0 days 1,780 sqft
    2019-12-01 0 days 1,811 sqft
    2020-01-01 0 days 1,791 sqft
    2020-02-01 0 days 1,772 sqft
    2020-03-01 0 days 1,829 sqft
    2020-04-01 0 days 1,879 sqft
    2020-05-01 0 days 1,917 sqft
    2020-06-01 0 days 1,865 sqft
    2020-07-01 0 days 1,872 sqft
    2020-08-01 0 days 1,881 sqft
    2020-09-01 0 days 1,802 sqft
    2020-10-01 0 days 1,760 sqft
    2020-11-01 0 days 1,722 sqft
    2020-12-01 0 days 1,760 sqft
    2021-01-01 0 days 1,806 sqft
    2021-02-01 0 days 1,847 sqft
    2021-03-01 0 days 1,767 sqft
    2021-04-01 0 days 1,727 sqft
    2021-05-01 0 days 1,548 sqft
    2021-06-01 0 days 1,545 sqft
    2021-07-01 0 days 1,713 sqft
    2021-08-01 0 days 1,391 sqft
    2021-09-01 0 days 1,528 sqft
    2021-10-01 0 days 1,477 sqft
    2021-11-01 0 days 1,434 sqft
    2021-12-01 0 days 1,511 sqft
    2022-01-01 0 days 1,458 sqft
    2022-02-01 0 days 1,494 sqft
    2022-03-01 0 days 1,778 sqft
    2022-04-01 0 days 1,839 sqft
    2022-05-01 0 days 1,655 sqft
    2022-06-01 0 days 1,743 sqft
    2022-07-01 0 days 1,966 sqft
    2022-08-01 0 days 2,041 sqft
    2022-09-01 0 days 1,917 sqft
    2022-10-01 0 days 1,900 sqft
    2022-11-01 0 days 1,916 sqft
    2022-12-01 0 days 1,884 sqft
    2023-01-01 0 days 1,869 sqft
    2023-02-01 0 days 1,840 sqft
    2023-03-01 0 days 1,818 sqft
    2023-04-01 0 days 1,718 sqft
    2023-05-01 0 days 1,753 sqft
    2023-06-01 0 days 1,768 sqft
    2023-07-01 0 days 1,661 sqft
    2023-08-01 0 days 1,698 sqft
    2023-09-01 0 days 1,665 sqft
    2023-10-01 0 days 1,633 sqft
    2023-11-01 0 days 1,691 sqft
    2023-12-01 0 days 1,690 sqft
    2024-01-01 0 days 1,628 sqft
    2024-02-01 0 days 1,676 sqft
    2024-03-01 0 days 1,676 sqft
    2024-04-01 0 days 1,768 sqft
    2024-05-01 0 days 1,747 sqft
    2024-06-01 0 days 1,775 sqft
    2024-07-01 0 days 1,800 sqft
    2024-08-01 0 days 1,758 sqft
    2024-09-01 0 days 1,792 sqft
    2024-10-01 0 days 1,776 sqft
    Stillwater's median listing age (time on market) for 2024-10-01 was 0 days.

    Stillwater's median square footage for active listings during the 2024-10-01 period was 1,776 sqft. One year prior, the average listing was 1,633 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.