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 73 lenders originated 298 USDA loans during 2023. The total origination value was $75,880,000, with an average USDA loan value of $254,631.

    Atlanta USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Atlanta averaged 6.32% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Atlanta's average USDA mortgage closing costs are $5,280.

    The average rate for the prior week (2025-02-07) was 6.58% and one month ago for the week of 2025-01-10, the average rate was 6.62%.

    The average rate one year ago was 6.42%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.39%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 19 6.82% $8,364
    Magnolia Bank 17 6.24% $7,839
    HOMESTAR FINANCIAL CORPORATION 17 6.29% $6,352
    UNITED WHOLESALE MORTGAGE, LLC 16 5.90% $10,332
    SWBC MORTGAGE CORPORATION 11 6.43% $4,837
    BANKSOUTH MORTGAGE COMPANY, LLC 9 6.08% $10,257
    FIRST COMMUNITY MORTGAGE, INC. 9 6.61% $7,762
    CROSSCOUNTRY MORTGAGE, LLC 9 6.29% $8,479
    BROKER SOLUTIONS, INC. 8 5.73% $10,359
    NEWREZ LLC 7 6.29% $7,427
    Synovus Bank 7 5.84% $14,327
    MOVEMENT MORTGAGE, LLC 7 6.43% $7,775
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 7 6.79% $7,510
    Equity Prime Mortgage LLC 6 6.27% $10,666
    FBC MORTGAGE, LLC 6 5.32% $7,758
    VANDERBILT MORTGAGE AND FINANCE, INC. 6 6.90% $9,300
    GUARANTEED RATE, INC. 6 6.91% $8,862
    Ameris Bank 6 6.25% $8,420
    STOCKTON MORTGAGE CORPORATION 6 7.06% $7,455
    VAN DYK MORTGAGE CORPORATION 5 6.88% $5,505
    Bank of England 5 6.33% $8,869
    INSPIRE HOME LOANS INC. 5 5.93% $8,720
    HOMEOWNERS FINANCIAL GROUP USA, LLC 4 6.56% $10,501
    ACOPIA, LLC 4 6.09% $8,523
    United Community Bank 4 6.47% $6,987
    UNION HOME MORTGAGE CORP. 3 6.46% $8,431
    THRIVE MORTGAGE, LLC 3 6.67% $7,853
    DHI MORTGAGE COMPANY, LTD. 3 5.42% $6,577
    Flagstar Bank, FSB 3 6.37% $9,118
    Colony Bank 3 6.37% $6,997
    CMG MORTGAGE, INC. 3 6.88% $7,855
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.13% $5,941
    Capital City Home Loans, LLC 3 6.08% $8,794
    MORTGAGE INVESTORS GROUP, INC. 3 6.58% $7,650
    Prosperity Home Mortgage, LLC 3 6.38% $7,048
    SECURITYNATIONAL MORTGAGE COMPANY 3 6.42% $6,887
    DAS Acquisition Company, LLC 2 6.50% $6,207
    AMERICAN FINANCIAL NETWORK, INC. 2 6.63% $11,484
    CANOPY MORTGAGE, LLC 2 6.19% $13,811
    CARDINAL FINANCIAL 2 6.12% $9,922
    CHURCHILL MORTGAGE CORPORATION 2 7.06% $9,186
    ACADEMY MORTGAGE CORPORATION 2 5.94% $15,065
    GMFS LLC 2 6.00% $4,056
    GUARANTY MORTGAGE SERVICES, L.L.C. 2 7.00% $13,837
    Paramount Residential Mortgage Group, Inc. 2 6.75% $5,391
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.38% $14,178
    Renasant Bank 2 6.69% $7,661
    Truist 2 5.88% $5,807
    Keystone Funding, Inc. 1 5.38% $12,615
    NFM, INC. 1 6.38% $9,225
    NVR Mortgage Finance, Inc. 1 4.38% $9,351
    OPEN MORTGAGE, LLC 1 6.88% $5,260
    Century Mortgage Company DBA Century Lending Company 1 7.25% $8,677
    Plains Commerce Bank 1 6.75% $7,731
    PLAZA HOME MORTGAGE, INC. 1 5.50% $12,259
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $9,377
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.63% $15,303
    HOMESIDE FINANCIAL, LLC 1 6.63% $10,371
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 5.75% $10,311
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.13% $7,693
    GUILD MORTGAGE COMPANY 1 6.13% $5,905
    GENEVA FINANCIAL, LLC 1 7.13% $11,208
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.00% $7,549
    Gateway First Bank 1 6.13% $11,782
    First Option Mortgage, LLC 1 5.75% $8,597
    First Horizon Bank 1 7.00% $5,884
    Wolfe Financial, Inc 1 6.63% $9,372
    EVERETT FINANCIAL, INC. 1 7.00% $2,323
    DIRECT LENDERS, LLC 1 7.25% $4,874
    Mortgage Assurance Inc. 1 6.25% $5,608
    LOANDEPOT.COM, LLC 1 6.88% $7,153
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $6,668
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.00% $17,435

    The top Atlanta USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 19 USDA loans originated. Their average total fees are $8,364, which is $525 higher than the next largest lender, Magnolia Bank.

    The lowest fee Atlanta USDA lenders (with over 10 loans originated) are SWBC MORTGAGE CORPORATION ($4,837), HOMESTAR FINANCIAL CORPORATION ($6,352), Magnolia Bank ($7,839), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($8,364) and UNITED WHOLESALE MORTGAGE, LLC ($10,332).

    The lowest rate Atlanta USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.90%), Magnolia Bank (6.24%), HOMESTAR FINANCIAL CORPORATION (6.29%), SWBC MORTGAGE CORPORATION (6.43%) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.82%).

    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%) 1.12 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%) 1.10 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%) 1.05 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%) 1.01 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%) 1.01 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%) 0.98 13,108
    2023-07-01 $437,863 (-0.4%) $616,036 (3.2%) 0.99 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%) 0.99 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%) 0.96 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%) 0.96 24,597
    2024-11-01 $405,428 (-3.5%) $560,337 (-5.6%) 0.97 24,531
    2024-12-01 $399,950 (-3.6%) $554,637 (-6.4%) 0.99 22,742
    2025-01-01 $399,000 (-2.7%) $548,467 (-7.4%) 0.00 21,294
    Atlanta's median listing price for 2025-01-01 was $399,000, a difference of $-10,995 (-2.7%) versus the prior year and $-950 versus the prior month.

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

    Atlanta's average listing price for 2025-01-01 was $548,467, a difference of $-43,908 (-7.4%) versus the prior year and $-6,170 versus the prior month.

    For the 2025-01-01 period, Atlanta had 21,294 MLS listings, a difference of -1,448 listings (-6%) versus the prior month and 5,879 listings (38%) 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 50 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 69 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 48 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 52 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 37 days 2,182 sqft
    2024-06-01 38 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 0 days 2,100 sqft
    Atlanta's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Atlanta's median square footage for active listings during the 2025-01-01 period was 2,100 sqft. One year prior, the average listing was 2,170 sqft.