Beaver Dam USDA Loans

Beaver Dam, WI

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.

Beaver Dam's 29 lenders originated 53 USDA loans during 2021. The total origination value was $8,575,000, with an average USDA loan value of $161,792.

Beaver Dam USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Beaver Dam averaged 5.47% for the week of 2022-08-05, compared to the national average (all USDA variants) of 5.294% for the same period.

The average rate for the prior week (2022-07-29) was 5.69% and one month ago for the week of 2022-07-01, the average rate was 5.83%.

The average rate one year ago was 3.01%.

For refis of the same type during the week of 2022-08-05, the average rate was 5.25%.

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

Beaver Dam USDA Loan Lenders by Rates & Fees

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

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Horicon Bank 8 3.17% $3,234
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 3.27% $4,581
WISCONSIN MORTGAGE CORPORATION 4 2.72% $5,025
Paramount Residential Mortgage Group, Inc. 3 2.92% $3,517
INLANTA MORTGAGE, INC. 3 2.92% $3,914
Prosperity Home Mortgage, LLC 2 2.94% $4,101
Flagstar Bank, FSB 2 2.56% $5,147
DAS Acquisition Company, LLC 2 3.63% $5,870
First Guaranty Mortgage Corporation 2 2.94% $4,343
Barrington Bank & Trust Company, N.A. 2 2.63% $4,696
NATIONS RELIABLE LENDING, LLC 1 3.88% $6,441
PENNYMAC LOAN SERVICES, LLC 1 2.88% $4,050
Sierra Pacific Mortgage Company, Inc. 1 3.13% $3,928
THOMPSON KANE & COMPANY, LLC 1 2.50% $3,298
TOWNE MORTGAGE COMPANY 1 3.13% $2,875
UNION HOME MORTGAGE CORP. 1 3.25% $4,292
UNITED WHOLESALE MORTGAGE, LLC 1 2.77% $4,030
U.S. Bank 1 3.25% $4,413
VAN DYK MORTGAGE CORPORATION 1 3.63% $2,367
KELLER MORTGAGE, LLC 1 2.63% $3,222
Bell Bank 1 2.25% $3,815
CALIBER HOME LOANS, INC. 1 2.75% $3,295
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.13% $4,228
CMG MORTGAGE, INC. 1 2.75% $10,118
ENVOY MORTGAGE, LTD 1 2.75% $6,050
GUARANTEED RATE, INC. 1 2.88% $5,604
Bankers' Bank 1 2.63% $3,867
LIBERTY HOME MORTGAGE CORPORATION 1 3.25% $5,500
LOANDEPOT.COM, LLC 1 3.38% $4,477

The top Beaver Dam USDA lender as defined by loan originations is Horicon Bank, with 8 USDA loans originated. Their average total fees are $3,234, which is $1,347 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Beaver Dam (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 $151,900 (2.5%) $227,519 (3.7%) 0.00 230
2018-02-01 $177,450 (18.4%) $245,419 (11.3%) 0.00 213
2018-03-01 $185,000 (19.8%) $251,342 (15.8%) 0.00 208
2018-04-01 $186,250 (6.5%) $262,237 (8.0%) 0.00 197
2018-05-01 $194,450 (11.4%) $298,903 (25.1%) 0.00 192
2018-06-01 $199,000 (19.6%) $293,231 (26.2%) 0.00 206
2018-07-01 $200,000 (17.7%) $306,793 (28.8%) 0.00 240
2018-08-01 $209,450 (25.9%) $308,266 (34.0%) 0.00 274
2018-09-01 $199,900 (31.1%) $280,110 (24.0%) 0.00 311
2018-10-01 $208,800 (40.2%) $280,124 (33.8%) 0.00 324
2018-11-01 $208,500 (34.6%) $288,340 (33.4%) 0.00 302
2018-12-01 $199,900 (25.0%) $282,202 (25.5%) 0.00 279
2019-01-01 $203,450 (33.9%) $281,992 (23.9%) 0.00 259
2019-02-01 $212,450 (19.7%) $289,793 (18.1%) 0.00 210
2019-03-01 $228,471 (23.5%) $290,578 (15.6%) 0.00 220
2019-04-01 $244,900 (31.5%) $320,809 (22.3%) 0.00 251
2019-05-01 $235,450 (21.1%) $310,840 (4.0%) 0.00 220
2019-06-01 $235,000 (18.1%) $303,598 (3.5%) 0.00 211
2019-07-01 $236,000 (18.0%) $303,684 (-1.0%) 0.00 220
2019-08-01 $231,814 (10.7%) $298,313 (-3.2%) 0.00 227
2019-09-01 $222,450 (11.3%) $284,277 (1.5%) 0.00 239
2019-10-01 $211,000 (1.1%) $277,809 (-0.8%) 0.00 258
2019-11-01 $200,000 (-4.1%) $270,669 (-6.1%) 0.00 247
2019-12-01 $208,000 (4.1%) $275,419 (-2.4%) 0.00 210
2020-01-01 $199,999 (-1.7%) $284,621 (0.9%) 0.00 188
2020-02-01 $199,999 (-5.9%) $290,683 (0.3%) 0.00 168
2020-03-01 $228,450 (0.0%) $316,414 (8.9%) 0.00 143
2020-04-01 $232,250 (-5.2%) $314,472 (-2.0%) 0.00 136
2020-05-01 $249,900 (6.1%) $335,817 (8.0%) 0.00 130
2020-06-01 $244,900 (4.2%) $331,245 (9.1%) 0.00 126
2020-07-01 $254,900 (8.0%) $332,784 (9.6%) 0.00 120
2020-08-01 $264,900 (14.3%) $347,906 (16.6%) 0.00 115
2020-09-01 $251,950 (13.3%) $348,970 (22.8%) 0.00 121
2020-10-01 $249,900 (18.4%) $346,567 (24.8%) 0.00 115
2020-11-01 $222,400 (11.2%) $338,756 (25.2%) 0.00 109
2020-12-01 $219,950 (5.8%) $340,861 (23.8%) 0.00 95
2021-01-01 $235,000 (17.5%) $346,789 (21.8%) 0.00 76
2021-02-01 $222,450 (11.2%) $383,607 (32.0%) 0.00 56
2021-03-01 $239,900 (5.0%) $400,152 (26.5%) 0.00 52
2021-04-01 $254,900 (9.8%) $393,693 (25.2%) 0.00 57
2021-05-01 $259,900 (4.0%) $361,551 (7.7%) 0.00 59
2021-06-01 $242,450 (-1.0%) $343,018 (3.6%) 0.00 65
2021-07-01 $263,750 (3.5%) $350,209 (5.2%) 0.00 75
2021-08-01 $244,900 (-7.6%) $284,114 (-18.3%) 0.00 102
2021-09-01 $242,400 (-3.8%) $277,705 (-20.4%) 0.00 115
2021-10-01 $239,999 (-4.0%) $275,955 (-20.4%) 0.00 119
2021-11-01 $242,500 (9.0%) $282,062 (-16.7%) 0.00 105
2021-12-01 $249,950 (13.6%) $287,451 (-15.7%) 0.00 91
2022-01-01 $249,900 (6.3%) $294,569 (-15.1%) 0.00 62
2022-02-01 $282,500 (27.0%) $330,092 (-14.0%) 0.00 42
2022-03-01 $290,000 (20.9%) $344,945 (-13.8%) 0.00 44
2022-04-01 $285,000 (11.8%) $339,332 (-13.8%) 0.00 55
2022-05-01 $279,900 (7.7%) $324,474 (-10.3%) 0.00 61
2022-06-01 $284,700 (17.4%) $379,707 (10.7%) 0.00 74
Beaver Dam's median listing price for 2022-06-01 was $284,700, a difference of $42,250 (17.4%) versus the prior year and $4,800 versus the prior month.

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

Beaver Dam's average listing price for 2022-06-01 was $379,707, a difference of $36,689 (10.7%) versus the prior year and $55,233 versus the prior month.

For the 2022-06-01 period, Beaver Dam had 74 MLS listings, a difference of 13 listings (21%) versus the prior month and 9 listings (14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Beaver Dam (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,592 sqft
2018-02-01 0 days 1,674 sqft
2018-03-01 0 days 1,776 sqft
2018-04-01 0 days 1,690 sqft
2018-05-01 0 days 1,694 sqft
2018-06-01 0 days 1,684 sqft
2018-07-01 0 days 1,691 sqft
2018-08-01 0 days 1,745 sqft
2018-09-01 0 days 1,680 sqft
2018-10-01 0 days 1,749 sqft
2018-11-01 0 days 1,746 sqft
2018-12-01 0 days 1,700 sqft
2019-01-01 0 days 1,662 sqft
2019-02-01 0 days 1,632 sqft
2019-03-01 0 days 1,648 sqft
2019-04-01 0 days 1,779 sqft
2019-05-01 0 days 1,790 sqft
2019-06-01 0 days 1,737 sqft
2019-07-01 0 days 1,711 sqft
2019-08-01 0 days 1,733 sqft
2019-09-01 0 days 1,755 sqft
2019-10-01 0 days 1,712 sqft
2019-11-01 0 days 1,712 sqft
2019-12-01 0 days 1,691 sqft
2020-01-01 0 days 1,645 sqft
2020-02-01 0 days 1,737 sqft
2020-03-01 0 days 1,730 sqft
2020-04-01 0 days 1,667 sqft
2020-05-01 0 days 1,800 sqft
2020-06-01 0 days 1,807 sqft
2020-07-01 0 days 1,819 sqft
2020-08-01 0 days 2,080 sqft
2020-09-01 0 days 1,962 sqft
2020-10-01 0 days 1,964 sqft
2020-11-01 0 days 1,822 sqft
2020-12-01 0 days 1,730 sqft
2021-01-01 0 days 1,721 sqft
2021-02-01 0 days 1,742 sqft
2021-03-01 0 days 1,803 sqft
2021-04-01 0 days 1,770 sqft
2021-05-01 0 days 1,900 sqft
2021-06-01 0 days 1,690 sqft
2021-07-01 0 days 1,799 sqft
2021-08-01 0 days 1,672 sqft
2021-09-01 0 days 1,689 sqft
2021-10-01 0 days 1,720 sqft
2021-11-01 0 days 1,751 sqft
2021-12-01 0 days 1,791 sqft
2022-01-01 0 days 1,644 sqft
2022-02-01 0 days 1,682 sqft
2022-03-01 0 days 1,593 sqft
2022-04-01 0 days 1,683 sqft
2022-05-01 0 days 1,628 sqft
2022-06-01 0 days 1,715 sqft
Beaver Dam's median listing age (time on market) for 2022-06-01 was 0 days.

Beaver Dam's median square footage for active listings during the 2022-06-01 period was 1,715 sqft. One year prior, the average listing was 1,690 sqft.