Altus USDA Loan Rates, Closing Costs & Stats

Altus, OK

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    • USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.

    Altus's 9 lenders originated 19 USDA loans during 2023. The total origination value was $2,525,000, with an average USDA loan value of $132,895.

    Altus USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Altus averaged 0.09% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Altus's average USDA mortgage closing costs are $3,704.

    The average rate for the prior week (2024-11-08) was 6.35% and one month ago for the week of 2024-10-11, the average rate was 6.31%.

    The average rate one year ago was 7.23%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.1%.

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

    Altus USDA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Altus level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    INTERLINC MORTGAGE SERVICES, LLC 5 7.03% $5,052
    Equity Prime Mortgage LLC 3 6.67% $4,519
    SUN WEST MORTGAGE COMPANY, INC. 2 7.00% $6,442
    Chickasaw Community Bank 2 6.75% $4,753
    United Fidelity Funding Corp. 1 6.63% $6,072
    UNITED WHOLESALE MORTGAGE, LLC 1 7.63% $5,576
    F & M Bank 1 7.75% $4,584
    MID AMERICA MORTGAGE, INC. 1 7.13% $4,630
    PLAZA HOME MORTGAGE, INC. 1 5.75% $5,604

    The top Altus USDA lender as defined by loan originations is INTERLINC MORTGAGE SERVICES, LLC, with 5 USDA loans originated. Their average total fees are $5,052, which is $533 higher than the next largest lender, Equity Prime Mortgage LLC.

    The lowest fee Altus USDA lenders (with over 10 loans originated) are .

    The lowest rate Altus USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Altus (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 $120,000 (-10.9%) $129,086 (-11.3%) 0.00 141
    2018-02-01 $128,000 (-5.2%) $132,090 (-8.3%) 0.00 141
    2018-03-01 $132,500 (-5.0%) $135,664 (-6.1%) 0.00 143
    2018-04-01 $141,375 (1.0%) $141,690 (-1.0%) 0.00 168
    2018-05-01 $145,875 (6.3%) $143,454 (0.4%) 0.00 190
    2018-06-01 $139,950 (-1.8%) $141,600 (-1.9%) 0.00 199
    2018-07-01 $139,675 (-2.0%) $140,440 (-1.8%) 0.00 208
    2018-08-01 $141,200 (0.0%) $141,792 (-0.8%) 0.00 217
    2018-09-01 $145,500 (7.8%) $145,763 (5.1%) 0.00 207
    2018-10-01 $148,300 (9.9%) $152,288 (10.6%) 0.00 209
    2018-11-01 $145,500 (17.6%) $149,755 (13.5%) 0.00 204
    2018-12-01 $142,000 (15.9%) $146,279 (13.2%) 0.00 203
    2019-01-01 $139,625 (16.4%) $145,219 (12.5%) 0.00 185
    2019-02-01 $137,675 (7.6%) $144,090 (9.1%) 0.00 176
    2019-03-01 $136,714 (3.2%) $145,193 (7.0%) 0.00 166
    2019-04-01 $135,000 (-4.5%) $145,340 (2.6%) 0.00 151
    2019-05-01 $132,650 (-9.1%) $147,963 (3.1%) 0.00 156
    2019-06-01 $137,900 (-1.5%) $151,684 (7.1%) 0.00 147
    2019-07-01 $137,350 (-1.7%) $153,908 (9.6%) 0.00 128
    2019-08-01 $135,817 (-3.8%) $150,895 (6.4%) 0.00 127
    2019-09-01 $132,542 (-8.9%) $145,865 (0.1%) 0.00 132
    2019-10-01 $129,993 (-12.3%) $141,708 (-7.0%) 0.00 134
    2019-11-01 $124,900 (-14.2%) $137,841 (-8.0%) 0.00 119
    2019-12-01 $124,250 (-12.5%) $138,787 (-5.1%) 0.00 117
    2020-01-01 $113,500 (-18.7%) $135,723 (-6.5%) 0.00 115
    2020-02-01 $99,000 (-28.1%) $126,674 (-12.1%) 0.00 107
    2020-03-01 $118,225 (-13.5%) $138,711 (-4.5%) 0.00 101
    2020-04-01 $127,725 (-5.4%) $140,690 (-3.2%) 0.00 98
    2020-05-01 $134,900 (1.7%) $148,664 (0.5%) 0.00 91
    2020-06-01 $125,500 (-9.0%) $141,696 (-6.6%) 0.00 77
    2020-07-01 $127,250 (-7.4%) $143,333 (-6.9%) 0.00 67
    2020-08-01 $144,500 (6.4%) $153,329 (1.6%) 0.00 61
    2020-09-01 $144,850 (9.3%) $151,924 (4.2%) 0.00 65
    2020-10-01 $149,000 (14.6%) $148,203 (4.6%) 0.00 62
    2020-11-01 $118,750 (-4.9%) $139,641 (1.3%) 0.00 54
    2020-12-01 $129,625 (4.3%) $148,288 (6.9%) 0.00 49
    2021-01-01 $125,000 (10.1%) $146,417 (7.9%) 0.00 38
    2021-02-01 $99,750 (0.8%) $131,907 (4.1%) 0.00 43
    2021-03-01 $121,125 (2.5%) $162,585 (17.2%) 0.00 36
    2021-04-01 $119,950 (-6.1%) $165,249 (17.5%) 0.00 30
    2021-05-01 $137,900 (2.2%) $200,344 (34.8%) 0.00 32
    2021-06-01 $166,850 (33.0%) $174,453 (23.1%) 0.00 30
    2021-07-01 $139,500 (9.6%) $157,690 (10.0%) 0.00 25
    2021-08-01 $159,000 (10.0%) $173,696 (13.3%) 0.00 32
    2021-09-01 $148,000 (2.2%) $164,857 (8.5%) 0.00 32
    2021-10-01 $139,900 (-6.1%) $163,477 (10.3%) 0.00 39
    2021-11-01 $175,200 (47.5%) $172,563 (23.6%) 0.00 41
    2021-12-01 $180,975 (39.6%) $173,304 (16.9%) 0.00 36
    2022-01-01 $135,000 (8.0%) $161,226 (10.1%) 0.00 30
    2022-02-01 $144,500 (44.9%) $163,890 (24.3%) 0.00 26
    2022-03-01 $146,250 (20.7%) $162,059 (-0.3%) 0.00 21
    2022-04-01 $166,000 (38.4%) $182,761 (10.6%) 0.00 20
    2022-05-01 $160,000 (16.0%) $169,153 (-15.6%) 0.00 27
    2022-06-01 $163,125 (-2.2%) $171,125 (-1.9%) 0.00 38
    2022-07-01 $155,000 (11.1%) $174,579 (10.7%) 0.00 42
    2022-08-01 $164,950 (3.7%) $175,426 (1.0%) 0.00 42
    2022-09-01 $173,756 (17.4%) $184,392 (11.9%) 0.00 38
    2022-10-01 $177,000 (26.5%) $181,705 (11.2%) 0.00 44
    2022-11-01 $179,000 (2.2%) $182,891 (6.0%) 0.00 44
    2022-12-01 $162,000 (-10.5%) $181,385 (4.7%) 0.00 45
    2023-01-01 $149,500 (10.7%) $171,759 (6.5%) 0.00 45
    2023-02-01 $117,500 (-18.7%) $177,307 (8.2%) 0.00 48
    2023-03-01 $156,125 (6.8%) $191,608 (18.2%) 0.00 51
    2023-04-01 $175,000 (5.4%) $211,349 (15.6%) 0.00 59
    2023-05-01 $206,175 (28.9%) $220,867 (30.6%) 0.00 52
    2023-06-01 $213,225 (30.7%) $227,709 (33.1%) 0.00 67
    2023-07-01 $205,000 (32.3%) $229,706 (31.6%) 0.00 62
    2023-08-01 $172,500 (4.6%) $224,719 (28.1%) 0.00 65
    2023-09-01 $160,000 (-7.9%) $224,584 (21.8%) 0.00 68
    2023-10-01 $167,200 (-5.5%) $228,249 (25.6%) 0.00 65
    2023-11-01 $178,725 (-0.2%) $233,521 (27.7%) 0.00 64
    2023-12-01 $199,000 (22.8%) $248,823 (37.2%) 0.00 60
    2024-01-01 $210,000 (40.5%) $260,057 (51.4%) 0.00 58
    2024-02-01 $204,700 (74.2%) $254,848 (43.7%) 0.00 58
    2024-03-01 $205,000 (31.3%) $249,132 (30.0%) 0.00 58
    2024-04-01 $242,000 (38.3%) $256,685 (21.5%) 0.00 60
    2024-05-01 $259,750 (26.0%) $273,039 (23.6%) 0.00 76
    2024-06-01 $250,000 (17.3%) $258,486 (13.5%) 0.00 77
    2024-07-01 $228,700 (11.6%) $243,275 (5.9%) 0.00 86
    2024-08-01 $221,500 (28.4%) $247,010 (9.9%) 0.00 84
    2024-09-01 $221,125 (38.2%) $251,479 (12.0%) 0.00 92
    2024-10-01 $219,800 (31.5%) $239,779 (5.1%) 0.00 97
    Altus's median listing price for 2024-10-01 was $219,800, a difference of $52,600 (31.5%) versus the prior year and $-1,325 versus the prior month.

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

    Altus's average listing price for 2024-10-01 was $239,779, a difference of $11,530 (5.1%) versus the prior year and $-11,700 versus the prior month.

    For the 2024-10-01 period, Altus had 97 MLS listings, a difference of 5 listings (5%) versus the prior month and 32 listings (49%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Altus (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,616 sqft
    2018-02-01 0 days 1,666 sqft
    2018-03-01 0 days 1,676 sqft
    2018-04-01 0 days 1,748 sqft
    2018-05-01 0 days 1,775 sqft
    2018-06-01 0 days 1,764 sqft
    2018-07-01 0 days 1,750 sqft
    2018-08-01 0 days 1,748 sqft
    2018-09-01 0 days 1,797 sqft
    2018-10-01 0 days 1,804 sqft
    2018-11-01 0 days 1,796 sqft
    2018-12-01 0 days 1,748 sqft
    2019-01-01 0 days 1,752 sqft
    2019-02-01 0 days 1,738 sqft
    2019-03-01 0 days 1,731 sqft
    2019-04-01 0 days 1,714 sqft
    2019-05-01 0 days 1,690 sqft
    2019-06-01 0 days 1,750 sqft
    2019-07-01 0 days 1,809 sqft
    2019-08-01 0 days 1,780 sqft
    2019-09-01 0 days 1,746 sqft
    2019-10-01 0 days 1,699 sqft
    2019-11-01 0 days 1,650 sqft
    2019-12-01 0 days 1,651 sqft
    2020-01-01 0 days 1,645 sqft
    2020-02-01 0 days 1,551 sqft
    2020-03-01 0 days 1,672 sqft
    2020-04-01 0 days 1,689 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,703 sqft
    2020-07-01 0 days 1,667 sqft
    2020-08-01 0 days 1,845 sqft
    2020-09-01 0 days 1,811 sqft
    2020-10-01 0 days 1,821 sqft
    2020-11-01 0 days 1,756 sqft
    2020-12-01 0 days 1,800 sqft
    2021-01-01 0 days 1,803 sqft
    2021-02-01 0 days 1,685 sqft
    2021-03-01 0 days 1,814 sqft
    2021-04-01 0 days 1,808 sqft
    2021-05-01 0 days 1,815 sqft
    2021-06-01 0 days 1,787 sqft
    2021-07-01 0 days 1,803 sqft
    2021-08-01 0 days 1,955 sqft
    2021-09-01 0 days 1,858 sqft
    2021-10-01 0 days 1,780 sqft
    2021-11-01 0 days 1,836 sqft
    2021-12-01 0 days 1,837 sqft
    2022-01-01 0 days 1,696 sqft
    2022-02-01 0 days 1,725 sqft
    2022-03-01 0 days 1,572 sqft
    2022-04-01 0 days 1,638 sqft
    2022-05-01 0 days 1,707 sqft
    2022-06-01 0 days 1,699 sqft
    2022-07-01 0 days 1,694 sqft
    2022-08-01 0 days 1,704 sqft
    2022-09-01 0 days 1,826 sqft
    2022-10-01 0 days 1,858 sqft
    2022-11-01 0 days 1,822 sqft
    2022-12-01 0 days 1,871 sqft
    2023-01-01 0 days 1,720 sqft
    2023-02-01 0 days 1,759 sqft
    2023-03-01 0 days 1,839 sqft
    2023-04-01 0 days 1,833 sqft
    2023-05-01 0 days 1,985 sqft
    2023-06-01 0 days 1,956 sqft
    2023-07-01 0 days 1,813 sqft
    2023-08-01 0 days 1,704 sqft
    2023-09-01 0 days 1,700 sqft
    2023-10-01 0 days 1,703 sqft
    2023-11-01 0 days 1,670 sqft
    2023-12-01 0 days 1,746 sqft
    2024-01-01 0 days 1,797 sqft
    2024-02-01 0 days 1,831 sqft
    2024-03-01 0 days 1,833 sqft
    2024-04-01 0 days 1,887 sqft
    2024-05-01 0 days 1,969 sqft
    2024-06-01 0 days 1,888 sqft
    2024-07-01 0 days 1,886 sqft
    2024-08-01 0 days 1,811 sqft
    2024-09-01 0 days 1,958 sqft
    2024-10-01 0 days 1,881 sqft
    Altus's median listing age (time on market) for 2024-10-01 was 0 days.

    Altus's median square footage for active listings during the 2024-10-01 period was 1,881 sqft. One year prior, the average listing was 1,703 sqft.