Oklahoma VA Loan
Whether you receive PCS orders to relocate to Oklahoma or are already a resident, purchasing a home can be a great financial move. Using a VA loan in Oklahoma has many benefits for seasoned and first-time homebuyers alike.
With the average listing price of a home in Oklahoma landing at $304,400, the VA loan’s signature $0-money-down benefit is a considerable advantage for Oklahoma homebuyers.
See also: VA Loan Options for Other States
How to get a VA Loan in Oklahoma
VA loans are made by private lenders and guaranteed by the Department of Veterans Affairs. Because private lenders make the loans and not the VA, you need to find a lender licensed in the state you plan to purchase or refinance.
For example, if you're purchasing a home in Tulsa, OK, you'll need to find a lender licensed in Oklahoma to do the loan.
Other Considerations for Getting a VA Loan in Oklahoma
VA borrowers in Oklahoma should also consider the cost and impact of VA loan limits and property taxes when making their home purchase.
Oklahoma VA Loan Limits
VA borrowers in Oklahoma with their full VA loan entitlement are not restricted by VA loan limits. This means you can borrow as much as a lender is willing to lend without needing a down payment.
However, veterans without their full VA loan entitlement are still bound to Oklahoma’s VA loan limits.
As of January 1, 2024, VA loan limits for all counties in Oklahoma are $766,550.
Property Taxes in Oklahoma
Another consideration for VA buyers in Oklahoma is property taxes. For certain VA buyers, there are exemptions.
You may be eligible for a property tax exemption in Oklahoma if you meet one of the following conditions:
- A disabled veteran may receive a full exemption on their residence if the veteran is 100 percent disabled as a result of service
- The Oklahoma 100 percent Veteran Disability Tax Exemption applies to sales tax, excise tax, and ad valorem tax
If you are required to pay property tax in Oklahoma, the American Community Survey by the U.S. Census Bureau estimates you may pay the following in each county:
| County | Property Tax Rate |
|---|---|
| Adair | 0.51% |
| Alfalfa | 0.52% |
| Atoka | 0.57% |
| Beaver | 0.53% |
| Beckham | 0.68% |
| Blaine | 0.59% |
| Bryan | 0.68% |
| Caddo | 0.54% |
| Canadian | 1.04% |
| Carter | 0.81% |
| Cherokee | 0.63% |
| Choctaw | 0.42% |
| Cimarron | 0.47% |
| Cleveland | 1.16% |
| Coal | 0.59% |
| Comanche | 0.95% |
| Cotton | 0.86% |
| Craig | 0.63% |
| Creek | 0.79% |
| Custer | 0.68% |
| Delaware | 0.66% |
| Dewey | 0.55% |
| Ellis | 0.59% |
| Garfield | 0.84% |
| Garvin | 0.56% |
| Grady | 0.72% |
| Grant | 0.48% |
| Greer | 0.51% |
| Harmon | 0.54% |
| Harper | 0.49% |
| Haskell | 0.55% |
| Hughes | 0.66% |
| Jackson | 0.68% |
| Jefferson | 0.60% |
| Johnston | 0.56% |
| Kay | 0.77% |
| Kingfisher | 0.67% |
| Kiowa | 0.62% |
| Latimer | 0.45% |
| Le Flore | 0.66% |
| Lincoln | 0.59% |
| Logan | 0.82% |
| Love | 0.72% |
| Major | 0.70% |
| Marshall | 0.57% |
| Mayes | 0.75% |
| McClain | 0.85% |
| McCurtain | 0.47% |
| McIntosh | 0.57% |
| Murray | 0.41% |
| Muskogee | 0.73% |
| Noble | 0.93% |
| Nowata | 0.74% |
| Okfuskee | 0.60% |
| Oklahoma | 1.06% |
| Okmulgee | 0.73% |
| Osage | 0.82% |
| Ottawa | 0.63% |
| Pawnee | 0.78% |
| Payne | 0.93% |
| Pittsburg | 0.52% |
| Pontotoc | 0.59% |
| Pottawatomie | 0.68% |
| Pushmataha | 0.47% |
| Roger Mills | 0.55% |
| Rogers | 0.86% |
| Seminole | 0.59% |
| Sequoyah | 0.59% |
| Stephens | 0.67% |
| Texas | 0.58% |
| Tillman | 0.72% |
| Tulsa | 1.13% |
| Wagoner | 0.89% |
| Washington | 0.94% |
| Washita | 0.59% |
| Woods | 0.56% |
| Woodward | 0.60% |
How VA Loans Work in Oklahoma
View the graphic below to learn more about how VA loans work in Oklahoma.
