Angola USDA Loan Rates, Closing Costs & Stats

Angola, IN

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.

Angola's 5 lenders originated 14 USDA loans during 2023. The total origination value was $2,510,000, with an average USDA loan value of $179,286.

Angola USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Angola averaged 6.86% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

Angola's average USDA mortgage closing costs are $3,491.

The average rate for the prior week (2024-05-31) was 7.14% and one month ago for the week of 2024-05-03, the average rate was 7.34%.

The average rate one year ago was 6.94%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.9%.

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

Angola 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 Angola level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 7 6.30% $3,079
GENEVA FINANCIAL, LLC 3 7.13% $7,934
GVC MORTGAGE, INC. 2 7.06% $7,914
CROSSCOUNTRY MORTGAGE, LLC 1 7.13% $7,621
HALLMARK HOME MORTGAGE, LLC 1 7.63% $5,891

The top Angola USDA lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 7 USDA loans originated. Their average total fees are $3,079, which is $4,856 lower than the next largest lender, GENEVA FINANCIAL, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Angola (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 $242,725 (7.4%) $329,679 (0.7%) 0.00 163
2018-02-01 $248,475 (9.4%) $335,727 (7.7%) 0.00 163
2018-03-01 $249,000 (8.3%) $337,683 (8.7%) 0.00 171
2018-04-01 $247,425 (7.6%) $332,776 (4.2%) 0.00 183
2018-05-01 $249,925 (3.7%) $326,300 (0.3%) 0.00 201
2018-06-01 $258,950 (9.1%) $310,275 (-2.4%) 0.00 213
2018-07-01 $260,100 (10.7%) $307,032 (0.6%) 0.00 217
2018-08-01 $251,150 (7.6%) $298,248 (-0.7%) 0.00 222
2018-09-01 $249,450 (12.3%) $307,444 (3.9%) 0.00 222
2018-10-01 $244,000 (3.5%) $307,055 (-2.3%) 0.00 211
2018-11-01 $247,175 (1.8%) $304,985 (-3.8%) 0.00 195
2018-12-01 $230,000 (-4.6%) $299,693 (-8.8%) 0.00 180
2019-01-01 $229,800 (-5.3%) $291,752 (-11.5%) 0.00 172
2019-02-01 $227,450 (-8.5%) $287,306 (-14.4%) 0.00 168
2019-03-01 $250,514 (0.6%) $306,708 (-9.2%) 0.00 161
2019-04-01 $277,500 (12.2%) $334,209 (0.4%) 0.00 151
2019-05-01 $284,975 (14.0%) $338,338 (3.7%) 0.00 152
2019-06-01 $299,900 (15.8%) $363,758 (17.2%) 0.00 158
2019-07-01 $285,350 (9.7%) $345,122 (12.4%) 0.00 166
2019-08-01 $278,645 (11.0%) $343,368 (15.1%) 0.00 169
2019-09-01 $267,314 (7.2%) $346,347 (12.7%) 0.00 164
2019-10-01 $259,759 (6.5%) $348,936 (13.6%) 0.00 159
2019-11-01 $264,900 (7.2%) $348,154 (14.2%) 0.00 139
2019-12-01 $255,450 (11.1%) $337,297 (12.6%) 0.00 128
2020-01-01 $246,850 (7.4%) $315,512 (8.1%) 0.00 116
2020-02-01 $259,700 (14.2%) $336,505 (17.1%) 0.00 106
2020-03-01 $277,450 (10.8%) $361,252 (17.8%) 0.00 115
2020-04-01 $279,850 (0.9%) $380,076 (13.7%) 0.00 110
2020-05-01 $269,500 (-5.4%) $374,902 (10.8%) 0.00 103
2020-06-01 $267,425 (-10.8%) $406,771 (11.8%) 0.00 81
2020-07-01 $262,650 (-8.0%) $396,026 (14.8%) 0.00 73
2020-08-01 $256,400 (-8.0%) $385,490 (12.3%) 0.00 71
2020-09-01 $275,000 (2.9%) $387,466 (11.9%) 0.00 68
2020-10-01 $252,450 (-2.8%) $353,986 (1.5%) 0.00 66
2020-11-01 $274,950 (3.8%) $389,176 (11.8%) 0.00 55
2020-12-01 $275,000 (7.7%) $425,711 (26.2%) 0.00 39
2021-01-01 $249,000 (0.9%) $470,252 (49.0%) 0.00 26
2021-02-01 $289,950 (11.7%) $436,193 (29.6%) 0.00 18
2021-03-01 $297,400 (7.2%) $438,198 (21.3%) 0.00 22
2021-04-01 $324,900 (16.1%) $555,061 (46.0%) 0.00 31
2021-05-01 $319,900 (18.7%) $529,212 (41.2%) 0.00 35
2021-06-01 $317,400 (18.7%) $531,886 (30.8%) 0.00 48
2021-07-01 $329,900 (25.6%) $532,337 (34.4%) 0.00 54
2021-08-01 $314,900 (22.8%) $484,601 (25.7%) 0.00 60
2021-09-01 $309,000 (12.4%) $457,812 (18.2%) 0.00 60
2021-10-01 $312,000 (23.6%) $433,839 (22.6%) 0.00 51
2021-11-01 $312,225 (13.6%) $443,113 (13.9%) 0.00 48
2021-12-01 $341,850 (24.3%) $470,979 (10.6%) 0.00 46
2022-01-01 $314,700 (26.4%) $460,568 (-2.1%) 0.00 41
2022-02-01 $373,250 (28.7%) $560,375 (28.5%) 0.00 33
2022-03-01 $378,725 (27.4%) $563,656 (28.6%) 0.00 32
2022-04-01 $399,000 (22.8%) $602,778 (8.6%) 0.00 42
2022-05-01 $417,425 (30.5%) $585,626 (10.7%) 0.00 62
2022-06-01 $359,900 (13.4%) $509,143 (-4.3%) 0.00 68
2022-07-01 $349,900 (6.1%) $494,754 (-7.1%) 0.00 68
2022-08-01 $304,275 (-3.4%) $463,129 (-4.4%) 0.00 69
2022-09-01 $310,775 (0.6%) $479,355 (4.7%) 0.00 69
2022-10-01 $320,000 (2.6%) $494,537 (14.0%) 0.00 66
2022-11-01 $324,500 (3.9%) $516,487 (16.6%) 0.00 72
2022-12-01 $329,950 (-3.5%) $522,258 (10.9%) 0.00 71
2023-01-01 $336,200 (6.8%) $524,750 (13.9%) 0.00 62
2023-02-01 $333,375 (-10.7%) $487,067 (-13.1%) 0.00 61
2023-03-01 $334,975 (-11.6%) $492,914 (-12.6%) 0.00 65
2023-04-01 $315,000 (-21.1%) $439,762 (-27.0%) 0.00 57
2023-05-01 $332,450 (-20.4%) $540,547 (-7.7%) 0.00 61
2023-06-01 $345,725 (-3.9%) $545,861 (7.2%) 0.00 73
2023-07-01 $354,950 (1.4%) $540,978 (9.3%) 0.00 83
2023-08-01 $355,450 (16.8%) $516,029 (11.4%) 0.00 90
2023-09-01 $389,450 (25.3%) $534,754 (11.6%) 0.00 102
2023-10-01 $379,925 (18.7%) $550,296 (11.3%) 0.00 98
2023-11-01 $347,900 (7.2%) $544,140 (5.4%) 0.00 92
2023-12-01 $364,900 (10.6%) $578,235 (10.7%) 0.00 80
2024-01-01 $301,475 (-10.3%) $536,154 (2.2%) 0.00 77
2024-02-01 $309,900 (-7.0%) $537,366 (10.3%) 0.00 76
2024-03-01 $365,000 (9.0%) $552,536 (12.1%) 0.00 85
2024-04-01 $376,175 (19.4%) $540,811 (23.0%) 0.00 94
2024-05-01 $412,500 (24.1%) $588,926 (9.0%) 0.00 114
Angola's median listing price for 2024-05-01 was $412,500, a difference of $80,050 (24.1%) versus the prior year and $36,325 versus the prior month.

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

Angola's average listing price for 2024-05-01 was $588,926, a difference of $48,379 (9.0%) versus the prior year and $48,115 versus the prior month.

For the 2024-05-01 period, Angola had 114 MLS listings, a difference of 20 listings (21%) versus the prior month and 53 listings (87%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Angola (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,979 sqft
2018-02-01 0 days 1,875 sqft
2018-03-01 0 days 1,840 sqft
2018-04-01 0 days 1,821 sqft
2018-05-01 0 days 1,826 sqft
2018-06-01 0 days 1,844 sqft
2018-07-01 0 days 1,854 sqft
2018-08-01 0 days 1,807 sqft
2018-09-01 0 days 1,840 sqft
2018-10-01 0 days 1,829 sqft
2018-11-01 0 days 1,832 sqft
2018-12-01 0 days 1,824 sqft
2019-01-01 0 days 1,757 sqft
2019-02-01 0 days 1,756 sqft
2019-03-01 0 days 1,800 sqft
2019-04-01 0 days 1,842 sqft
2019-05-01 0 days 1,798 sqft
2019-06-01 0 days 1,758 sqft
2019-07-01 0 days 1,774 sqft
2019-08-01 0 days 1,813 sqft
2019-09-01 0 days 1,797 sqft
2019-10-01 0 days 1,794 sqft
2019-11-01 0 days 1,952 sqft
2019-12-01 0 days 1,917 sqft
2020-01-01 0 days 1,815 sqft
2020-02-01 0 days 1,732 sqft
2020-03-01 0 days 1,813 sqft
2020-04-01 0 days 1,776 sqft
2020-05-01 0 days 1,791 sqft
2020-06-01 0 days 1,846 sqft
2020-07-01 0 days 1,846 sqft
2020-08-01 0 days 1,830 sqft
2020-09-01 0 days 1,814 sqft
2020-10-01 0 days 1,768 sqft
2020-11-01 0 days 1,794 sqft
2020-12-01 0 days 1,848 sqft
2021-01-01 0 days 1,880 sqft
2021-02-01 0 days 1,945 sqft
2021-03-01 0 days 2,117 sqft
2021-04-01 0 days 2,298 sqft
2021-05-01 0 days 1,978 sqft
2021-06-01 0 days 1,896 sqft
2021-07-01 0 days 2,220 sqft
2021-08-01 0 days 2,095 sqft
2021-09-01 0 days 2,217 sqft
2021-10-01 0 days 2,126 sqft
2021-11-01 0 days 1,972 sqft
2021-12-01 0 days 2,166 sqft
2022-01-01 0 days 1,835 sqft
2022-02-01 0 days 2,447 sqft
2022-03-01 0 days 2,256 sqft
2022-04-01 0 days 2,123 sqft
2022-05-01 0 days 1,935 sqft
2022-06-01 0 days 1,791 sqft
2022-07-01 0 days 1,852 sqft
2022-08-01 0 days 1,846 sqft
2022-09-01 0 days 1,882 sqft
2022-10-01 0 days 2,016 sqft
2022-11-01 0 days 2,033 sqft
2022-12-01 0 days 1,928 sqft
2023-01-01 0 days 1,994 sqft
2023-02-01 0 days 1,950 sqft
2023-03-01 0 days 1,927 sqft
2023-04-01 0 days 1,872 sqft
2023-05-01 0 days 1,868 sqft
2023-06-01 0 days 1,833 sqft
2023-07-01 0 days 1,875 sqft
2023-08-01 0 days 1,874 sqft
2023-09-01 0 days 1,977 sqft
2023-10-01 0 days 2,001 sqft
2023-11-01 0 days 2,004 sqft
2023-12-01 0 days 2,030 sqft
2024-01-01 0 days 2,019 sqft
2024-02-01 0 days 2,006 sqft
2024-03-01 0 days 2,033 sqft
2024-04-01 0 days 1,998 sqft
2024-05-01 0 days 2,033 sqft
Angola's median listing age (time on market) for 2024-05-01 was 0 days.

Angola's median square footage for active listings during the 2024-05-01 period was 2,033 sqft. One year prior, the average listing was 1,868 sqft.