Beaver Dam USDA Loans

Beaver Dam, WI

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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.

    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.