Angola USDA Loan Rates, Closing Costs & Stats

Angola, IN

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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.

    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 7.13% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

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

    The average rate for the prior week (2024-04-12) was 7.08% and one month ago for the week of 2024-03-15, the average rate was 6.76%.

    The average rate one year ago was 6.5%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.86%.

    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
    Angola's median listing price for 2024-03-01 was $365,000, a difference of $30,025 (9.0%) versus the prior year and $55,100 versus the prior month.

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

    Angola's average listing price for 2024-03-01 was $552,536, a difference of $59,622 (12.1%) versus the prior year and $15,170 versus the prior month.

    For the 2024-03-01 period, Angola had 85 MLS listings, a difference of 9 listings (12%) versus the prior month and 20 listings (31%) 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
    Angola's median listing age (time on market) for 2024-03-01 was 0 days.

    Angola's median square footage for active listings during the 2024-03-01 period was 2,033 sqft. One year prior, the average listing was 1,927 sqft.