Oak Harbor Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Oak Harbor averaged
6.78%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
7.08% and
one month ago for the week of 2025-05-29, the
average rate was 7%.
Oak Harbor's average rate one year ago was 7.17%.
For refis of the same type during the week of 2025-07-03, the average rate
was 7.12%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Oak Harbor 30 Year Fixed Rate | 2025-07-03 | 6.78% |
| Oak Harbor 30 Year Fixed Rate Refi | 2025-07-03 | 7.12% |
| Oak Harbor 15 Year Fixed Rate | 2025-07-03 | 5.9% |
| Oak Harbor 15 Year Fixed Rate Refi | 2025-07-03 | 5.9% |
| Oak Harbor 30 Year FHA | 2025-07-03 | 0.1% |
| Oak Harbor 30 Year FHA Refi | 2025-07-03 | 0.1% |
| Oak Harbor 30 Year USDA | 2025-07-03 | 0.1% |
| Oak Harbor 30 Year USDA Refi | 2025-07-03 | -0.2% |
| Oak Harbor 30 Year VA | 2025-07-03 | -0.19% |
| Oak Harbor 30 Year VA Refi | 2025-07-03 | -0.4% |
Oak Harbor Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Oak Harbor, WA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Oak Harbor Average Closing Costs & Other Stats
Oak Harbor, WA's 109 lenders originated 2,050
loans during 2024. The total origination value was $753,970,000, with an average loan value of
$367,790.
Oak Harbor's average closing costs are $6,624.
The top Oak Harbor lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
50 loans originated. Their average total fees are
$7,295, which is $241
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Oak Harbor lenders (with over 10 loans originated) are
Peoples Bank ($5,286), Alaska USA Federal Credit Union ($5,453), Boeing Employees Credit Union ($6,013), NAVY FEDERAL CREDIT UNION ($6,531) and ENVOY MORTGAGE, LTD ($6,719).
The lowest rate Oak Harbor lenders (with over 10 loans originated) are
NAVY FEDERAL CREDIT UNION (6.12%), GUILD MORTGAGE COMPANY (6.56%), UNITED WHOLESALE MORTGAGE, LLC (6.57%), Alaska USA Federal Credit Union (6.59%) and Boeing Employees Credit Union (6.62%).
Oak Harbor, WA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $38,525,000 | $56,475,000 | 46.6% | 7.5% |
| CMG MORTGAGE, INC. | $27,035,000 | $50,220,000 | 85.8% | 6.7% |
| GUILD MORTGAGE COMPANY | $42,705,000 | $49,005,000 | 14.8% | 6.5% |
| QUICKEN LOANS, LLC | $32,825,000 | $40,190,000 | 22.4% | 5.3% |
| NAVY FEDERAL CREDIT UNION | $23,405,000 | $37,830,000 | 61.6% | 5.0% |
| Boeing Employees Credit Union | $33,010,000 | $36,725,000 | 11.3% | 4.9% |
| MOVEMENT MORTGAGE, LLC | $21,520,000 | $28,265,000 | 31.3% | 3.7% |
| Peoples Bank | $27,730,000 | $25,350,000 | -8.6% | 3.4% |
| ENVOY MORTGAGE, LTD | $24,610,000 | $22,905,000 | -6.9% | 3.0% |
| Alaska USA Federal Credit Union | $21,255,000 | $19,525,000 | -8.1% | 2.6% |
| Mortgage Research Center, LLC | $13,400,000 | $18,255,000 | 36.2% | 2.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $15,005,000 | $15,235,000 | 1.5% | 2.0% |
| Washington Federal Bank | $17,945,000 | $14,300,000 | -20.3% | 1.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $13,385,000 | $12,545,000 | -6.3% | 1.7% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $10,160,000 | $12,290,000 | 21.0% | 1.6% |
| Heritage Bank | $11,285,000 | $11,420,000 | 1.2% | 1.5% |
| PENNYMAC LOAN SERVICES, LLC | $7,070,000 | $11,395,000 | 61.2% | 1.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $18,580,000 | $11,065,000 | -40.4% | 1.5% |
| U.S. Bank | $14,340,000 | $9,765,000 | -31.9% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $1,580,000 | $9,020,000 | 470.9% | 1.2% |
| SaviBank | $11,525,000 | $8,780,000 | -23.8% | 1.2% |
| Banner Bank | $5,675,000 | $7,955,000 | 40.2% | 1.1% |
| NEWREZ LLC | $3,240,000 | $7,840,000 | 142.0% | 1.0% |
| Bank of America | $7,555,000 | $7,830,000 | 3.6% | 1.0% |
| The Loan Store, Inc. | $1,695,000 | $6,785,000 | 300.3% | 0.9% |
| BROKER SOLUTIONS, INC. | $3,365,000 | $5,540,000 | 64.6% | 0.7% |
| GUARANTEED RATE, INC. | $2,325,000 | $5,535,000 | 138.1% | 0.7% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,120,000 | $5,395,000 | 72.9% | 0.7% |
| BAY EQUITY LLC | $4,455,000 | $5,360,000 | 20.3% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,995,000 | $5,315,000 | 166.4% | 0.7% |
| Morgan Stanley Private Bank | $5,770,000 | $5,190,000 | -10.1% | 0.7% |
| WASHINGTON STATE EMPLOYEES Credit Union | $2,725,000 | $4,885,000 | 79.3% | 0.6% |
| LOANDEPOT.COM, LLC | $5,760,000 | $4,790,000 | -16.8% | 0.6% |
| Washington Trust Bank | $255,000 | $4,355,000 | 1,607.8% | 0.6% |
| NFM, INC. | $2,580,000 | $3,695,000 | 43.2% | 0.5% |
| DAS Acquisition Company, LLC | $4,560,000 | $3,685,000 | -19.2% | 0.5% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $5,545,000 | $3,575,000 | -35.5% | 0.5% |
| LAKEVIEW LOAN SERVICING, LLC | $825,000 | $3,565,000 | 332.1% | 0.5% |
| CORNERSTONE HOME LENDING, INC. | $8,215,000 | $3,505,000 | -57.3% | 0.5% |
| Charles Schwab Bank, SSB | $1,655,000 | $3,265,000 | 97.3% | 0.4% |
| Wells Fargo Bank | $8,970,000 | $3,195,000 | -64.4% | 0.4% |
| ALLIANT CREDIT UNION | $1,055,000 | $3,050,000 | 189.1% | 0.4% |
| USAA Federal Savings Bank | $2,390,000 | $3,015,000 | 26.2% | 0.4% |
| Umpqua Bank | $4,495,000 | $2,985,000 | -33.6% | 0.4% |
| VILLAGE CAPITAL MORTGAGE | $2,895,000 | n/a | 0.4% | |
| NEXERA HOLDING LLC | $405,000 | $2,890,000 | 613.6% | 0.4% |
| JPMorgan Chase Bank | $8,675,000 | $2,885,000 | -66.7% | 0.4% |
| SAMMAMISH MORTGAGE COMPANY | $2,730,000 | $2,840,000 | 4.0% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,405,000 | $2,770,000 | -18.6% | 0.4% |
| 1st Security Bank of Washington | $1,585,000 | $2,705,000 | 70.7% | 0.4% |
| Arbor Realty Trust, Inc. | $2,525,000 | n/a | 0.3% | |
| UBS Bank USA | $3,425,000 | $2,525,000 | -26.3% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $1,695,000 | $2,475,000 | 46.0% | 0.3% |
| NBKC BANK | $1,345,000 | $2,450,000 | 82.2% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $2,310,000 | $2,380,000 | 3.0% | 0.3% |
| LONGBRIDGE FINANCIAL, LLC | $950,000 | $2,350,000 | 147.4% | 0.3% |
| Carrington Mortgage Services, LLC | $1,270,000 | $2,075,000 | 63.4% | 0.3% |
| Flagstar Bank, FSB | $2,430,000 | $2,000,000 | -17.7% | 0.3% |
| First Federal Bank | $1,985,000 | n/a | 0.3% | |
| NorthWest Plus Credit Union | $855,000 | $1,970,000 | 130.4% | 0.3% |
| GESA | $1,300,000 | $1,920,000 | 47.7% | 0.3% |
| The Federal Savings Bank | $1,690,000 | $1,860,000 | 10.1% | 0.2% |
| Goldman Sachs Bank USA | $1,805,000 | n/a | 0.2% | |
| CANOPY MORTGAGE, LLC | $1,760,000 | n/a | 0.2% | |
| Coastal Community Bank | $2,535,000 | $1,630,000 | -35.7% | 0.2% |
| DIRECTORS MORTGAGE, INC. | $2,995,000 | $1,630,000 | -45.6% | 0.2% |
| Armed Forces Bank | $255,000 | $1,605,000 | 529.4% | 0.2% |
| ON Q FINANCIAL, INC. | $765,000 | $1,565,000 | 104.6% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $820,000 | $1,560,000 | 90.2% | 0.2% |
| SCENIC OAKS FUNDING, INC. | $1,560,000 | n/a | 0.2% | |
| Figure Lending LLC | $825,000 | $1,550,000 | 87.9% | 0.2% |
| WHATCOM EDUCATIONAL CREDIT UNION | $1,440,000 | $1,545,000 | 7.3% | 0.2% |
| Equity Prime Mortgage LLC | $465,000 | $1,500,000 | 222.6% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $2,470,000 | $1,485,000 | -39.9% | 0.2% |
| HomeStreet Bank | $3,640,000 | $1,480,000 | -59.3% | 0.2% |
| Citadel Servicing Corporation | $460,000 | $1,455,000 | 216.3% | 0.2% |
| LEADERONE FINANCIAL CORPORATION | $3,175,000 | $1,420,000 | -55.3% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,415,000 | n/a | 0.2% | |
| Cornerstone First Mortgage, Inc | $1,385,000 | n/a | 0.2% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $295,000 | $1,310,000 | 344.1% | 0.2% |
| PLANET HOME LENDING, LLC | $385,000 | $1,270,000 | 229.9% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $315,000 | $1,250,000 | 296.8% | 0.2% |
| SOUND | $395,000 | $1,210,000 | 206.3% | 0.2% |
| MLD MORTGAGE INC. | $1,140,000 | n/a | 0.2% | |
| American Mortgage & Equity Consultants, Inc. | $670,000 | $1,100,000 | 64.2% | 0.1% |
| FUNDLOANS CAPITAL | $1,075,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $995,000 | n/a | 0.1% | |
| NATIONWIDE EQUITIES CORPORATION | $815,000 | $995,000 | 22.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $505,000 | $975,000 | 93.1% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $370,000 | $970,000 | 162.2% | 0.1% |
| FIRST TECHNOLOGY | $1,815,000 | $950,000 | -47.7% | 0.1% |
| KeyBank | $4,390,000 | $935,000 | -78.7% | 0.1% |
| SUMMIT FUNDING, INC. | $2,225,000 | $930,000 | -58.2% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $895,000 | n/a | 0.1% | |
| INTELLILOAN, INC. | $890,000 | n/a | 0.1% | |
| First Federal Savings and Loan Association of Port Angeles | $245,000 | $875,000 | 257.1% | 0.1% |
| PHH Mortgage Corporation | $520,000 | $870,000 | 67.3% | 0.1% |
| T2 FINANCIAL LLC | $630,000 | $860,000 | 36.5% | 0.1% |
| Qualstar Credit Union | $655,000 | $855,000 | 30.5% | 0.1% |
| First-Citizens Bank & Trust Company | $1,010,000 | $835,000 | -17.3% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $285,000 | $830,000 | 191.2% | 0.1% |
| PNC Bank | $5,375,000 | $815,000 | -84.8% | 0.1% |
| North Coast Credit Union | $790,000 | n/a | 0.1% | |
| STAR ONE CREDIT UNION | $790,000 | n/a | 0.1% | |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $1,135,000 | $780,000 | -31.3% | 0.1% |
| First National Bank Texas | $765,000 | n/a | 0.1% | |
| Commerce Home Mortgage, Inc. | $495,000 | $740,000 | 49.5% | 0.1% |
| LENDSURE MORTGAGE CORP. | $740,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $860,000 | $740,000 | -14.0% | 0.1% |
| Stifel Bank and Trust | $1,200,000 | $660,000 | -45.0% | 0.1% |
| NexBank | $1,170,000 | $655,000 | -44.0% | 0.1% |
| Firefighters First Federal Credit Union | $155,000 | $640,000 | 312.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $635,000 | n/a | 0.1% | |
| First Federal Savings Bank of Twin Falls | $635,000 | n/a | 0.1% | |
| BNY Mellon | $605,000 | n/a | 0.1% | |
| SPOKANE TEACHERS | $75,000 | $605,000 | 706.7% | 0.1% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $605,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $1,165,000 | $595,000 | -48.9% | 0.1% |
| BAY-VALLEY MORTGAGE GROUP | $585,000 | n/a | 0.1% | |
| Discover Bank | $1,450,000 | $585,000 | -59.7% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $1,435,000 | $545,000 | -62.0% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $545,000 | n/a | 0.1% | |
| Plains Commerce Bank | $790,000 | $535,000 | -32.3% | 0.1% |
| TRISTAR FINANCE, INC. | $535,000 | n/a | 0.1% | |
| AMERICAN INTERNET MORTGAGE, INC. | $515,000 | n/a | 0.1% | |
| Fidelity Bank | $505,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $265,000 | $500,000 | 88.7% | 0.1% |
| PENRITH HOME LOANS LLC | $2,370,000 | $495,000 | -79.1% | 0.1% |
| Seattle Metropolitan Credit Union | $485,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $305,000 | $475,000 | 55.7% | 0.1% |
| Nations Lending Corporation | $465,000 | n/a | 0.1% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $1,255,000 | $450,000 | -64.1% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $445,000 | n/a | 0.1% | |
| ALAMEDA MORTGAGE CORPORATION | $425,000 | n/a | 0.1% | |
| Bethpage Federal Credit Union | $625,000 | $415,000 | -33.6% | 0.1% |
| Evolve Bank & Trust | $405,000 | n/a | 0.1% | |
| Timberland Bank | $645,000 | $405,000 | -37.2% | 0.1% |
| Ally Bank | $395,000 | n/a | 0.1% | |
| NMSI, INC. | $375,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $810,000 | $375,000 | -53.7% | 0.0% |
| VERITY | $25,000 | $375,000 | 1,400.0% | 0.0% |
| A&D Mortgage LLC | $370,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $490,000 | $355,000 | -27.6% | 0.0% |
| BETTER MORTGAGE CORPORATION | $580,000 | $355,000 | -38.8% | 0.0% |
| First Financial Northwest Bank | $65,000 | $355,000 | 446.2% | 0.0% |
| HARBORSTONE | $200,000 | $355,000 | 77.5% | 0.0% |
| North American Savings Bank, F.S.B. | $355,000 | n/a | 0.0% | |
| MORTGAGE EXPRESS, LLC | $335,000 | n/a | 0.0% | |
| ARC HOME LLC | $1,840,000 | $325,000 | -82.3% | 0.0% |
| Old National Bank | $325,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $315,000 | n/a | 0.0% | |
| HighTechLending Inc | $315,000 | n/a | 0.0% | |
| Ixonia Bank | $315,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $175,000 | $315,000 | 80.0% | 0.0% |
| S1L, Inc. | $315,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $315,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $310,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $300,000 | $305,000 | 1.7% | 0.0% |
| GEORGIA'S OWN | $300,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $515,000 | $285,000 | -44.7% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $595,000 | $285,000 | -52.1% | 0.0% |
| HomeTrust Bank | $180,000 | $275,000 | 52.8% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $8,620,000 | $265,000 | -96.9% | 0.0% |
| Northwest Farm Credit Services, FLCA | $265,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $360,000 | $225,000 | -37.5% | 0.0% |
| 21ST MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| NEW DAY FINANCIAL, LLC | $465,000 | $165,000 | -64.5% | 0.0% |
| Baxter Credit Union | $555,000 | $105,000 | -81.1% | 0.0% |
| IDAHO CENTRAL | $105,000 | n/a | 0.0% | |
| LADERA LENDING, INC. | $105,000 | n/a | 0.0% | |
| SALAL | $615,000 | $105,000 | -82.9% | 0.0% |
| Bank of the Pacific | $95,000 | n/a | 0.0% | |
| BMO Harris Bank | $2,265,000 | $95,000 | -95.8% | 0.0% |
| COLUMBIA COMMUNITY CREDIT UNION | $505,000 | $55,000 | -89.1% | 0.0% |
| State Department Federal Credit Union | $155,000 | $55,000 | -64.5% | 0.0% |
| BayCoast Bank | $45,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $45,000 | n/a | 0.0% | |
| Sound Community Bank | $185,000 | $25,000 | -86.5% | 0.0% |
Oak Harbor's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 7.5% market share. In second place, with 6.7%, is CMG MORTGAGE, INC., having originated $50,220,000 in loans. In third place, with 6.5%, is GUILD MORTGAGE COMPANY, having originated $49,005,000 in loans. In fourth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $40,190,000 in loans. In fifth place, with 5.0%, is NAVY FEDERAL CREDIT UNION, having originated $37,830,000 in loans.
Oak Harbor, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,049 | $508,425,000 | $484,676 |
| Home Improvement | 269 | $37,475,000 | $139,312 |
| Refi | 256 | $95,270,000 | $372,148 |
| Cash Out Refi | 249 | $79,565,000 | $319,538 |
| Other | 226 | $32,890,000 | $145,531 |
| NA | 1 | $345,000 | $345,000 |
Oak Harbor's most frequently cited loan purpose was Home Purchase, with 1,049 originations. The 2nd most popular reason was Home Improvement, with 269 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 712 | $320,790,000 | $450,548 |
| Over 8% | 566 | $90,870,000 | $160,548 |
| 5-6% | 337 | $164,445,000 | $487,967 |
| 7-8% | 336 | $144,660,000 | $430,536 |
| 4-5% | 24 | $10,800,000 | $450,000 |
| <2.5% | 22 | $2,630,000 | $119,545 |
| 2.5-3% | 14 | $5,060,000 | $361,429 |
| 3-4% | 3 | $995,000 | $331,667 |
During 2024, Oak Harbor's most frequently originated rate bucket was 6-7%, with 712 originations.
Loan Sizing (Oak Harbor, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $400k-600k | 627 | $304,885,000 | $486,260 |
| $200k-400k | 532 | $163,120,000 | $306,617 |
| $100,000 or less | 336 | $18,740,000 | $55,774 |
| $100k-200k | 273 | $36,285,000 | $132,912 |
| $600k-1000k | 236 | $171,510,000 | $726,737 |
| $Over $1MM | 46 | $59,430,000 | $1,291,957 |
Oak Harbor's loan sizing saw the bucket of loans from $400k-600k with 627 originations, totaling $304,885,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 511 | $264,435,000 | $517,485 |
| Under 20% | 478 | $40,270,000 | $84,247 |
| 60-80% | 364 | $192,560,000 | $529,011 |
| 20-40% | 267 | $65,835,000 | $246,573 |
| 40-60% | 240 | $101,850,000 | $424,375 |
| Over 100% | 118 | $57,780,000 | $489,661 |
Oak Harbor's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 511 originations, totaling $264,435,000 in origination value.