Atlanta USDA Loan Rates, Closing Costs & Stats

ATLANTA-SANDY SPRINGS-ALPHARETTA, GA

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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.

    Atlanta's 84 lenders originated 337 USDA loans during 2024. The total origination value was $89,385,000, with an average USDA loan value of $265,237.

    Atlanta USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Atlanta averaged 6.32% for the week of 2025-04-11, compared to the national average (all USDA variants) of 6.449% for the same period.

    Atlanta's average USDA mortgage closing costs are $5,462.

    The average rate for the prior week (2025-04-04) was 6.38% and one month ago for the week of 2025-03-07, the average rate was 6.55%.

    The average rate one year ago was 6.5%.

    For refis of the same type during the week of 2025-04-11, the average rate was 6.3%.

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

    Atlanta 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 Atlanta level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Magnolia Bank 22 6.25% $7,448
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 6.57% $9,822
    CROSSCOUNTRY MORTGAGE, LLC 13 6.53% $10,078
    UNITED WHOLESALE MORTGAGE, LLC 13 6.11% $11,483
    GUILD MORTGAGE COMPANY 12 6.16% $9,766
    BROKER SOLUTIONS, INC. 11 6.52% $8,382
    FIRST COMMUNITY MORTGAGE, INC. 10 6.43% $7,632
    Ameris Bank 10 6.21% $7,966
    Equity Prime Mortgage LLC 10 6.58% $10,435
    BANKSOUTH MORTGAGE COMPANY, LLC 10 6.22% $9,615
    MOVEMENT MORTGAGE, LLC 9 6.03% $12,338
    GUARANTEED RATE, INC. 9 6.03% $12,409
    CANOPY MORTGAGE, LLC 8 6.31% $11,461
    Renasant Bank 7 6.30% $8,778
    VAN DYK MORTGAGE CORPORATION 7 6.36% $4,896
    ACOPIA, LLC 7 6.64% $8,350
    SWBC MORTGAGE CORPORATION 7 5.77% $5,773
    VANDERBILT MORTGAGE AND FINANCE, INC. 6 6.00% $11,716
    NEWREZ LLC 6 5.90% $10,178
    United Community Bank 5 6.25% $6,363
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 6.55% $10,259
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 5 5.93% $8,267
    Synovus Bank 5 5.88% $10,202
    HOMEOWNERS FINANCIAL GROUP USA, LLC 5 6.50% $9,834
    Residential Acceptance Corporation 4 7.94% $8,466
    Flagstar Bank, FSB 3 6.21% $7,172
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.58% $6,781
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.17% $9,019
    CARDINAL FINANCIAL 3 6.13% $11,746
    DAS Acquisition Company, LLC 3 6.50% $9,437
    DHI MORTGAGE COMPANY, LTD. 3 4.96% $6,654
    EUSTIS AND AMERICAN MORTGAGE COMPANY 3 5.83% $10,219
    Goldwater Bank, N.A. 3 6.38% $7,790
    HOMESIDE FINANCIAL, LLC 3 6.17% $10,496
    NFM, INC. 3 6.71% $8,357
    NVR Mortgage Finance, Inc. 3 5.62% $11,157
    PREMIER MORTGAGE RESOURCES, L.L.C. 3 6.21% $7,357
    Presidential Bank, FSB 3 6.04% $10,164
    STOCKTON MORTGAGE CORPORATION 3 6.42% $9,410
    NJ LENDERS CORP. 2 5.56% $12,664
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.69% $9,424
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.94% $7,901
    Prosperity Home Mortgage, LLC 2 6.43% $8,492
    INSPIRE HOME LOANS INC. 2 5.94% $6,592
    UNION HOME MORTGAGE CORP. 2 6.38% $11,872
    DIRECT LENDERS, LLC 2 6.25% $3,620
    Paramount Residential Mortgage Group, Inc. 2 5.75% $11,437
    Century Mortgage Company DBA Century Lending Company 2 6.00% $8,769
    Plains Commerce Bank 2 6.38% $8,479
    PLAZA HOME MORTGAGE, INC. 2 5.81% $7,970
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.38% $7,819
    EAGLE HOME MORTGAGE, LLC 2 4.56% $7,913
    Alcova Mortgage LLC 1 6.00% $4,388
    VILLAGE CAPITAL MORTGAGE 1 6.25% $5,636
    RADIUS FINANCIAL GROUP INC. 1 6.13% $8,097
    Regions Bank 1 6.25% $5,819
    CMG MORTGAGE, INC. 1 4.75% $9,234
    Carrington Mortgage Services, LLC 1 7.63% $13,209
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.63% $3,815
    Wolfe Financial, Inc 1 5.63% $10,431
    SUMMIT FUNDING, INC. 1 6.13% $9,614
    Capital City Home Loans, LLC 1 6.63% $7,807
    CALCON MUTUAL MORTGAGE LLC 1 6.63% $8,327
    TOWNE MORTGAGE COMPANY 1 6.25% $9,832
    Truist 1 6.25% $7,888
    FIRST COLONY MORTGAGE CORPORATION 1 5.50% $9,703
    Armed Forces Bank 1 6.50% $6,107
    GMFS LLC 1 6.75% $2,743
    United Bank 1 6.38% $6,572
    FirstBank 1 6.00% $7,543
    EVERETT FINANCIAL, INC. 1 7.63% $12,296
    FREEDOM MORTGAGE CORPORATION 1 6.00% $11,724
    Ixonia Bank 1 6.63% $8,410
    JMAC LENDING, INC. 1 6.75% $9,402
    LOANDEPOT.COM, LLC 1 5.75% $16,424
    Loan Simple, Inc. 1 6.62% $13,666
    MEMBER FIRST MORTGAGE, LLC 1 6.00% $13,805
    MORTGAGE INVESTORS GROUP, INC. 1 6.00% $9,748
    Mortgage Research Center, LLC 1 6.75% $5,787
    CREDIT UNION FINANCIAL SERVICES, LLC 1 6.25% $7,495
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $10,629
    Cornerstone First Mortgage, Inc 1 6.25% $9,186
    Northpointe Bank 1 6.00% $13,247
    AMERICAN FINANCIAL NETWORK, INC. 1 6.75% $6,536

    The top Atlanta USDA lender as defined by loan originations is Magnolia Bank, with 22 USDA loans originated. Their average total fees are $7,448, which is $2,374 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Atlanta USDA lenders (with over 10 loans originated) are Magnolia Bank ($7,448), FIRST COMMUNITY MORTGAGE, INC. ($7,632), Ameris Bank ($7,966), BROKER SOLUTIONS, INC. ($8,382) and BANKSOUTH MORTGAGE COMPANY, LLC ($9,615).

    The lowest rate Atlanta USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.11%), GUILD MORTGAGE COMPANY (6.16%), Ameris Bank (6.21%), BANKSOUTH MORTGAGE COMPANY, LLC (6.22%) and Magnolia Bank (6.25%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Atlanta (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 $303,929 (12.6%) $421,938 (8.6%) 1.13 21,692
    2018-02-01 $312,225 (12.9%) $431,604 (7.8%) 1.13 21,085
    2018-03-01 $324,900 (14.0%) $443,448 (7.1%) 1.14 21,577
    2018-04-01 $336,950 (12.7%) $460,864 (8.8%) 1.14 22,134
    2018-05-01 $339,450 (13.2%) $461,062 (8.2%) 1.13 22,966
    2018-06-01 $339,900 (13.3%) $459,074 (8.6%) 1.13 23,957
    2018-07-01 $330,955 (10.7%) $443,861 (7.3%) 1.11 25,612
    2018-08-01 $325,000 (10.2%) $442,918 (7.7%) 1.09 26,000
    2018-09-01 $324,900 (9.4%) $432,776 (5.8%) 1.09 26,410
    2018-10-01 $316,000 (6.1%) $430,443 (4.3%) 1.07 28,500
    2018-11-01 $315,719 (5.5%) $434,471 (4.9%) 1.07 28,178
    2018-12-01 $314,481 (4.9%) $432,243 (3.9%) 1.08 27,280
    2019-01-01 $309,900 (2.0%) $429,003 (1.7%) 1.07 25,628
    2019-02-01 $319,580 (2.4%) $440,632 (2.1%) 1.08 25,343
    2019-03-01 $322,936 (-0.6%) $440,947 (-0.6%) 1.06 26,564
    2019-04-01 $325,000 (-3.6%) $437,153 (-5.1%) 1.03 28,530
    2019-05-01 $329,625 (-2.9%) $440,660 (-4.4%) 1.03 29,330
    2019-06-01 $325,000 (-4.4%) $436,569 (-4.9%) 1.02 29,892
    2019-07-01 $324,900 (-1.8%) $431,506 (-2.8%) 1.02 30,690
    2019-08-01 $318,982 (-1.9%) $421,910 (-4.7%) 1.01 30,769
    2019-09-01 $313,930 (-3.4%) $415,776 (-3.9%) 1.00 30,483
    2019-10-01 $318,011 (0.6%) $422,180 (-1.9%) 1.03 28,806
    2019-11-01 $323,000 (2.3%) $432,400 (-0.5%) 1.06 26,203
    2019-12-01 $318,500 (1.3%) $430,800 (-0.3%) 1.06 24,415
    2020-01-01 $317,500 (2.5%) $430,343 (0.3%) 1.06 22,475
    2020-02-01 $320,000 (0.1%) $438,832 (-0.4%) 1.05 21,549
    2020-03-01 $329,450 (2.0%) $447,597 (1.5%) 1.03 21,609
    2020-04-01 $325,000 (0.0%) $439,135 (0.5%) 1.02 23,527
    2020-05-01 $334,900 (1.6%) $452,346 (2.7%) 1.02 23,182
    2020-06-01 $346,026 (6.5%) $468,075 (7.2%) 1.02 21,032
    2020-07-01 $349,985 (7.7%) $482,777 (11.9%) 1.01 18,916
    2020-08-01 $350,000 (9.7%) $487,465 (15.5%) 1.00 17,584
    2020-09-01 $352,555 (12.3%) $493,064 (18.6%) 1.01 16,282
    2020-10-01 $354,900 (11.6%) $499,628 (18.3%) 1.02 15,867
    2020-11-01 $351,985 (9.0%) $504,751 (16.7%) 1.03 14,438
    2020-12-01 $349,950 (9.9%) $502,333 (16.6%) 1.04 12,863
    2021-01-01 $350,000 (10.2%) $510,608 (18.7%) 1.04 11,137
    2021-02-01 $359,950 (12.5%) $528,110 (20.3%) 1.05 9,431
    2021-03-01 $367,400 (11.5%) $536,379 (19.8%) 1.04 8,998
    2021-04-01 $383,750 (18.1%) $550,973 (25.5%) 1.04 8,989
    2021-05-01 $389,900 (16.4%) $566,816 (25.3%) 1.04 9,145
    2021-06-01 $395,000 (14.2%) $559,001 (19.4%) 1.04 9,977
    2021-07-01 $399,900 (14.3%) $565,051 (17.0%) 1.06 11,283
    2021-08-01 $395,500 (13.0%) $553,162 (13.5%) 1.05 11,650
    2021-09-01 $397,950 (12.9%) $553,626 (12.3%) 1.06 11,694
    2021-10-01 $394,900 (11.3%) $550,536 (10.2%) 1.05 11,344
    2021-11-01 $395,000 (12.2%) $551,504 (9.3%) 1.06 11,089
    2021-12-01 $390,746 (11.7%) $550,227 (9.5%) 1.06 10,523
    2022-01-01 $389,900 (11.4%) $556,859 (9.1%) 1.05 8,667
    2022-02-01 $393,281 (9.3%) $577,562 (9.4%) 1.02 7,799
    2022-03-01 $399,450 (8.7%) $577,292 (7.6%) 1.00 7,842
    2022-04-01 $415,000 (8.1%) $596,156 (8.2%) 0.99 8,188
    2022-05-01 $429,950 (10.3%) $607,727 (7.2%) 0.98 10,066
    2022-06-01 $449,675 (13.8%) $618,375 (10.6%) 1.00 12,156
    2022-07-01 $439,500 (9.9%) $596,818 (5.6%) 0.99 15,558
    2022-08-01 $425,000 (7.5%) $581,656 (5.2%) 0.98 16,853
    2022-09-01 $420,000 (5.5%) $567,084 (2.4%) 0.98 17,164
    2022-10-01 $414,275 (4.9%) $554,166 (0.7%) 0.97 18,190
    2022-11-01 $403,667 (2.2%) $550,848 (-0.1%) 0.97 18,248
    2022-12-01 $399,900 (2.3%) $545,566 (-0.9%) 0.99 17,062
    2023-01-01 $399,900 (2.6%) $551,236 (-1.0%) 0.99 15,142
    2023-02-01 $399,950 (1.7%) $562,091 (-2.7%) 0.97 14,067
    2023-03-01 $410,240 (2.7%) $576,194 (-0.2%) 0.97 13,306
    2023-04-01 $420,000 (1.2%) $594,948 (-0.2%) 0.98 12,285
    2023-05-01 $431,189 (0.3%) $610,613 (0.5%) 0.98 12,286
    2023-06-01 $439,275 (-2.3%) $614,706 (-0.6%) 0.99 13,108
    2023-07-01 $437,863 (-0.4%) $616,036 (3.2%) 1.00 14,169
    2023-08-01 $431,548 (1.5%) $610,409 (4.9%) 0.99 14,552
    2023-09-01 $429,000 (2.1%) $603,428 (6.4%) 1.00 15,693
    2023-10-01 $425,000 (2.6%) $597,186 (7.8%) 1.00 16,733
    2023-11-01 $420,000 (4.1%) $593,631 (7.8%) 1.00 17,197
    2023-12-01 $415,000 (3.8%) $592,700 (8.6%) 1.01 16,455
    2024-01-01 $409,995 (2.5%) $592,375 (7.5%) 1.00 15,415
    2024-02-01 $409,900 (2.5%) $596,033 (6.0%) 0.99 15,521
    2024-03-01 $410,000 (-0.1%) $599,383 (4.0%) 0.96 16,249
    2024-04-01 $415,950 (-1.0%) $607,096 (2.0%) 0.97 17,500
    2024-05-01 $422,845 (-1.9%) $610,961 (0.1%) 0.96 18,903
    2024-06-01 $425,000 (-3.3%) $603,970 (-1.8%) 0.97 20,752
    2024-07-01 $424,950 (-3.0%) $596,091 (-3.2%) 0.97 22,208
    2024-08-01 $415,000 (-3.8%) $579,157 (-5.1%) 0.97 22,965
    2024-09-01 $415,000 (-3.3%) $574,154 (-4.9%) 0.98 23,939
    2024-10-01 $412,450 (-3.0%) $571,888 (-4.2%) 0.97 24,597
    2024-11-01 $405,428 (-3.5%) $560,337 (-5.6%) 0.97 24,531
    2024-12-01 $399,950 (-3.6%) $554,642 (-6.4%) 0.99 22,742
    2025-01-01 $399,000 (-2.7%) $548,467 (-7.4%) 1.00 21,294
    2025-02-01 $398,894 (-2.7%) $547,159 (-8.2%) 0.97 21,866
    2025-03-01 $400,000 (-2.4%) $559,244 (-6.7%) 0.00 23,449
    Atlanta's median listing price for 2025-03-01 was $400,000, a difference of $-10,000 (-2.4%) versus the prior year and $1,106 versus the prior month.

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

    Atlanta's average listing price for 2025-03-01 was $559,244, a difference of $-40,139 (-6.7%) versus the prior year and $12,085 versus the prior month.

    For the 2025-03-01 period, Atlanta had 23,449 MLS listings, a difference of 1,583 listings (7%) versus the prior month and 7,200 listings (44%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Atlanta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 72 days 2,584 sqft
    2018-02-01 62 days 2,610 sqft
    2018-03-01 47 days 2,650 sqft
    2018-04-01 46 days 2,710 sqft
    2018-05-01 45 days 2,705 sqft
    2018-06-01 47 days 2,681 sqft
    2018-07-01 48 days 2,633 sqft
    2018-08-01 51 days 2,606 sqft
    2018-09-01 53 days 2,590 sqft
    2018-10-01 57 days 2,553 sqft
    2018-11-01 58 days 2,549 sqft
    2018-12-01 65 days 2,528 sqft
    2019-01-01 70 days 2,492 sqft
    2019-02-01 59 days 2,491 sqft
    2019-03-01 49 days 2,530 sqft
    2019-04-01 47 days 2,566 sqft
    2019-05-01 49 days 2,600 sqft
    2019-06-01 52 days 2,585 sqft
    2019-07-01 55 days 2,542 sqft
    2019-08-01 55 days 2,517 sqft
    2019-09-01 58 days 2,492 sqft
    2019-10-01 59 days 2,467 sqft
    2019-11-01 61 days 2,446 sqft
    2019-12-01 72 days 2,417 sqft
    2020-01-01 72 days 2,408 sqft
    2020-02-01 61 days 2,428 sqft
    2020-03-01 51 days 2,434 sqft
    2020-04-01 52 days 2,405 sqft
    2020-05-01 58 days 2,412 sqft
    2020-06-01 56 days 2,430 sqft
    2020-07-01 58 days 2,433 sqft
    2020-08-01 57 days 2,408 sqft
    2020-09-01 53 days 2,355 sqft
    2020-10-01 53 days 2,320 sqft
    2020-11-01 56 days 2,272 sqft
    2020-12-01 62 days 2,233 sqft
    2021-01-01 58 days 2,214 sqft
    2021-02-01 44 days 2,197 sqft
    2021-03-01 39 days 2,206 sqft
    2021-04-01 36 days 2,250 sqft
    2021-05-01 35 days 2,249 sqft
    2021-06-01 34 days 2,265 sqft
    2021-07-01 33 days 2,252 sqft
    2021-08-01 38 days 2,234 sqft
    2021-09-01 42 days 2,212 sqft
    2021-10-01 44 days 2,182 sqft
    2021-11-01 43 days 2,184 sqft
    2021-12-01 48 days 2,161 sqft
    2022-01-01 52 days 2,133 sqft
    2022-02-01 36 days 2,121 sqft
    2022-03-01 33 days 2,122 sqft
    2022-04-01 32 days 2,188 sqft
    2022-05-01 30 days 2,242 sqft
    2022-06-01 27 days 2,314 sqft
    2022-07-01 29 days 2,300 sqft
    2022-08-01 36 days 2,281 sqft
    2022-09-01 41 days 2,269 sqft
    2022-10-01 44 days 2,251 sqft
    2022-11-01 49 days 2,232 sqft
    2022-12-01 59 days 2,200 sqft
    2023-01-01 66 days 2,195 sqft
    2023-02-01 51 days 2,190 sqft
    2023-03-01 46 days 2,221 sqft
    2023-04-01 43 days 2,250 sqft
    2023-05-01 40 days 2,282 sqft
    2023-06-01 39 days 2,307 sqft
    2023-07-01 40 days 2,285 sqft
    2023-08-01 41 days 2,274 sqft
    2023-09-01 43 days 2,253 sqft
    2023-10-01 43 days 2,240 sqft
    2023-11-01 45 days 2,219 sqft
    2023-12-01 53 days 2,200 sqft
    2024-01-01 56 days 2,170 sqft
    2024-02-01 43 days 2,164 sqft
    2024-03-01 41 days 2,160 sqft
    2024-04-01 39 days 2,163 sqft
    2024-05-01 39 days 2,182 sqft
    2024-06-01 42 days 2,205 sqft
    2024-07-01 44 days 2,206 sqft
    2024-08-01 47 days 2,177 sqft
    2024-09-01 50 days 2,169 sqft
    2024-10-01 51 days 2,165 sqft
    2024-11-01 59 days 2,138 sqft
    2024-12-01 65 days 2,110 sqft
    2025-01-01 66 days 2,100 sqft
    2025-02-01 58 days 2,086 sqft
    2025-03-01 0 days 2,102 sqft
    Atlanta's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Atlanta's median square footage for active listings during the 2025-03-01 period was 2,102 sqft. One year prior, the average listing was 2,160 sqft.