Stillwater VA Loan Rates, Closing Costs & Stats

Stillwater, OK

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 6.45% for the week of 2024-07-12, compared to the national average (all VA variants) of 6.364% for the same period.

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

The average rate for the prior week (2024-07-05) was 6.46% and one month ago for the week of 2024-06-07, the average rate was 6.38%.

The average rate one year ago was 6.85%.

For refis of the same type during the week of 2024-07-12, the average rate was 6.46%.

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 $255,000 (-7.3%) $387,236 (13.9%) 0.00 259
Stillwater's median listing price for 2024-06-01 was $255,000, a difference of $-19,950 (-7.3%) versus the prior year and $-1,764 versus the prior month.

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

Stillwater's average listing price for 2024-06-01 was $387,236, a difference of $47,216 (13.9%) versus the prior year and $8,598 versus the prior month.

For the 2024-06-01 period, Stillwater had 259 MLS listings, a difference of 24 listings (10%) versus the prior month and 99 listings (62%) 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
Stillwater's median listing age (time on market) for 2024-06-01 was 0 days.

Stillwater's median square footage for active listings during the 2024-06-01 period was 1,775 sqft. One year prior, the average listing was 1,768 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.