Branson USDA Loan Rates, Closing Costs & Stats
Branson, MO
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.
Branson's 20 lenders originated 70 USDA loans during 2022. The total origination value was $12,780,000, with an average USDA loan value of $182,571.
Branson USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Branson
averaged
-0.42%
for the week of 2023-11-24, compared to the national average (all USDA variants) of
0% for the same period.
Branson's average USDA mortgage closing costs are $4,294.
The average rate for the prior week (2023-11-17) was
7.17% and
one month ago for the week of 2023-10-20, the
average rate was 7.19%.
The average rate one year ago was 6.13%.
For refis of the same type during the week of 2023-11-24, the average rate
was -1.03%.
Branson 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 Branson level.
Name | # of Loans | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
---|---|---|---|
PRIMELENDING, A PLAINSCAPITAL COMPANY | 18 | 4.97% | $5,281 |
DAS Acquisition Company, LLC | 14 | 5.09% | $5,999 |
FLAT BRANCH MORTGAGE, INC. | 6 | 5.21% | $4,886 |
GERSHMAN INVESTMENT CORP. | 6 | 5.02% | $5,395 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 6 | 4.60% | $7,021 |
LOANDEPOT.COM, LLC | 3 | 6.08% | $6,449 |
The Central Trust Bank | 2 | 6.31% | $4,396 |
Arvest Bank | 2 | 6.19% | $5,583 |
Mortgage Research Center, LLC | 1 | 3.63% | $3,605 |
ON Q FINANCIAL, INC. | 1 | 4.38% | $5,598 |
PENNYMAC LOAN SERVICES, LLC | 1 | 3.25% | $3,662 |
Southern Bank | 1 | 4.25% | $3,357 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.89% | $5,203 |
BANK OF LITTLE ROCK MORTGAGE CORPORATION | 1 | 3.62% | $5,903 |
CANOPY MORTGAGE, LLC | 1 | 5.13% | $7,437 |
Community Mortgage Banc Corporation | 1 | 5.75% | $4,663 |
Equity Prime Mortgage LLC | 1 | 5.63% | $4,607 |
Flagstar Bank, FSB | 1 | 3.13% | $3,740 |
Great Southern Bank | 1 | 3.00% | $4,187 |
INLANTA MORTGAGE, INC. | 1 | 4.38% | $11,598 |
The top Branson USDA lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with
18 USDA loans originated. Their average total fees are
$5,281, which is $718
lower than the next largest lender,
DAS Acquisition Company, LLC.
The lowest fee Branson USDA lenders (with over 10 loans originated) are
PRIMELENDING, A PLAINSCAPITAL COMPANY ($5,281), DAS Acquisition Company, LLC ($5,999), .
The lowest rate Branson USDA lenders (with over 10 loans originated) are
PRIMELENDING, A PLAINSCAPITAL COMPANY (4.97%), DAS Acquisition Company, LLC (5.09%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Branson (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $177,000 (14.3%) | $250,936 (13.2%) | 0.00 | 692 |
2018-02-01 | $179,900 (16.4%) | $251,818 (14.4%) | 0.00 | 677 |
2018-03-01 | $179,900 (16.0%) | $249,850 (13.7%) | 0.00 | 702 |
2018-04-01 | $181,675 (15.1%) | $259,235 (15.0%) | 0.00 | 731 |
2018-05-01 | $187,350 (19.8%) | $259,395 (13.6%) | 0.00 | 737 |
2018-06-01 | $189,900 (18.8%) | $260,176 (11.8%) | 0.00 | 756 |
2018-07-01 | $190,500 (19.1%) | $261,548 (11.5%) | 0.00 | 772 |
2018-08-01 | $189,000 (17.0%) | $257,738 (8.5%) | 0.00 | 790 |
2018-09-01 | $185,000 (12.1%) | $254,424 (5.0%) | 0.00 | 758 |
2018-10-01 | $183,350 (6.4%) | $249,794 (-0.3%) | 0.00 | 757 |
2018-11-01 | $188,400 (7.8%) | $247,500 (-2.7%) | 0.00 | 783 |
2018-12-01 | $185,000 (5.7%) | $240,120 (-7.4%) | 0.00 | 770 |
2019-01-01 | $186,700 (5.5%) | $241,469 (-3.8%) | 0.00 | 722 |
2019-02-01 | $189,275 (5.2%) | $244,291 (-3.0%) | 0.00 | 719 |
2019-03-01 | $194,207 (8.0%) | $248,128 (-0.7%) | 0.00 | 709 |
2019-04-01 | $199,900 (10.0%) | $251,189 (-3.1%) | 0.00 | 714 |
2019-05-01 | $199,625 (6.6%) | $256,014 (-1.3%) | 0.00 | 738 |
2019-06-01 | $199,500 (5.1%) | $257,509 (-1.0%) | 0.00 | 765 |
2019-07-01 | $199,900 (4.9%) | $265,628 (1.6%) | 0.00 | 765 |
2019-08-01 | $201,945 (6.9%) | $265,770 (3.1%) | 0.00 | 750 |
2019-09-01 | $199,389 (7.8%) | $263,671 (3.6%) | 0.00 | 729 |
2019-10-01 | $196,150 (7.0%) | $262,272 (5.0%) | 0.00 | 706 |
2019-11-01 | $197,375 (4.8%) | $262,386 (6.0%) | 0.00 | 669 |
2019-12-01 | $189,900 (2.7%) | $256,759 (6.9%) | 0.00 | 672 |
2020-01-01 | $191,950 (2.8%) | $249,699 (3.4%) | 0.00 | 610 |
2020-02-01 | $198,450 (4.9%) | $263,838 (8.0%) | 0.00 | 622 |
2020-03-01 | $199,950 (3.0%) | $270,282 (8.9%) | 0.00 | 611 |
2020-04-01 | $199,438 (-0.2%) | $270,158 (7.6%) | 0.00 | 635 |
2020-05-01 | $199,000 (-0.3%) | $272,154 (6.3%) | 0.00 | 620 |
2020-06-01 | $199,450 (0.0%) | $276,559 (7.4%) | 0.00 | 551 |
2020-07-01 | $192,925 (-3.5%) | $281,849 (6.1%) | 0.00 | 510 |
2020-08-01 | $199,900 (-1.0%) | $306,566 (15.4%) | 0.00 | 424 |
2020-09-01 | $202,925 (1.8%) | $306,408 (16.2%) | 0.00 | 402 |
2020-10-01 | $204,900 (4.5%) | $321,855 (22.7%) | 0.00 | 379 |
2020-11-01 | $205,975 (4.4%) | $327,290 (24.7%) | 0.00 | 357 |
2020-12-01 | $199,950 (5.3%) | $321,751 (25.3%) | 0.00 | 327 |
2021-01-01 | $214,950 (12.0%) | $317,301 (27.1%) | 0.00 | 269 |
2021-02-01 | $214,925 (8.3%) | $307,232 (16.5%) | 0.00 | 218 |
2021-03-01 | $234,925 (17.5%) | $374,178 (38.4%) | 0.00 | 201 |
2021-04-01 | $245,000 (22.9%) | $401,147 (48.5%) | 0.00 | 185 |
2021-05-01 | $279,900 (40.7%) | $453,738 (66.7%) | 0.00 | 186 |
2021-06-01 | $287,500 (44.2%) | $455,387 (64.7%) | 0.00 | 197 |
2021-07-01 | $295,000 (52.9%) | $445,461 (58.1%) | 0.00 | 242 |
2021-08-01 | $299,350 (49.8%) | $435,867 (42.2%) | 0.00 | 245 |
2021-09-01 | $290,975 (43.4%) | $463,471 (51.3%) | 0.00 | 298 |
2021-10-01 | $289,000 (41.0%) | $483,074 (50.1%) | 0.00 | 307 |
2021-11-01 | $286,000 (38.9%) | $512,631 (56.6%) | 0.00 | 264 |
2021-12-01 | $284,999 (42.5%) | $574,372 (78.5%) | 0.00 | 239 |
2022-01-01 | $299,900 (39.5%) | $602,312 (89.8%) | 0.00 | 207 |
2022-02-01 | $299,900 (39.5%) | $564,761 (83.8%) | 0.00 | 168 |
2022-03-01 | $324,350 (38.1%) | $633,121 (69.2%) | 0.00 | 164 |
2022-04-01 | $349,000 (42.5%) | $620,533 (54.7%) | 0.00 | 241 |
2022-05-01 | $325,000 (16.1%) | $580,482 (27.9%) | 0.00 | 284 |
2022-06-01 | $309,925 (7.8%) | $505,887 (11.1%) | 0.00 | 336 |
2022-07-01 | $299,900 (1.7%) | $481,721 (8.1%) | 0.00 | 375 |
2022-08-01 | $319,900 (6.9%) | $508,200 (16.6%) | 0.00 | 411 |
2022-09-01 | $311,250 (7.0%) | $494,132 (6.6%) | 0.00 | 420 |
2022-10-01 | $319,900 (10.7%) | $482,884 (0.0%) | 0.00 | 433 |
2022-11-01 | $319,900 (11.9%) | $454,611 (-11.3%) | 0.00 | 434 |
2022-12-01 | $339,900 (19.3%) | $457,628 (-20.3%) | 0.00 | 407 |
2023-01-01 | $325,000 (8.4%) | $454,370 (-24.6%) | 0.00 | 359 |
2023-02-01 | $329,225 (9.8%) | $465,092 (-17.7%) | 0.00 | 333 |
2023-03-01 | $335,000 (3.3%) | $467,681 (-26.1%) | 0.00 | 348 |
2023-04-01 | $320,000 (-8.3%) | $438,916 (-29.3%) | 0.00 | 394 |
2023-05-01 | $320,000 (-1.5%) | $460,731 (-20.6%) | 0.00 | 393 |
2023-06-01 | $320,750 (3.5%) | $479,588 (-5.2%) | 0.00 | 406 |
2023-07-01 | $310,000 (3.4%) | $466,552 (-3.2%) | 0.00 | 407 |
2023-08-01 | $319,725 (-0.1%) | $482,613 (-5.0%) | 0.00 | 416 |
2023-09-01 | $299,950 (-3.6%) | $472,374 (-4.4%) | 0.00 | 437 |
2023-10-01 | $301,975 (-5.6%) | $464,732 (-3.8%) | 0.00 | 493 |
Branson's median listing price comes in at 0% of the national average.
Branson's average listing price for 2023-10-01 was $464,732, a difference of $-18,152 (-3.8%) versus the prior year and $-7,642 versus the prior month.
For the 2023-10-01 period, Branson had 493 MLS listings, a difference of 56 listings (13%) versus the prior month and 60 listings (14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Branson (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,756 sqft |
2018-02-01 | 0 days | 1,764 sqft |
2018-03-01 | 0 days | 1,754 sqft |
2018-04-01 | 0 days | 1,754 sqft |
2018-05-01 | 0 days | 1,758 sqft |
2018-06-01 | 0 days | 1,793 sqft |
2018-07-01 | 0 days | 1,810 sqft |
2018-08-01 | 0 days | 1,751 sqft |
2018-09-01 | 0 days | 1,716 sqft |
2018-10-01 | 0 days | 1,686 sqft |
2018-11-01 | 0 days | 1,691 sqft |
2018-12-01 | 0 days | 1,692 sqft |
2019-01-01 | 0 days | 1,690 sqft |
2019-02-01 | 0 days | 1,692 sqft |
2019-03-01 | 0 days | 1,705 sqft |
2019-04-01 | 0 days | 1,712 sqft |
2019-05-01 | 0 days | 1,697 sqft |
2019-06-01 | 0 days | 1,692 sqft |
2019-07-01 | 0 days | 1,693 sqft |
2019-08-01 | 0 days | 1,709 sqft |
2019-09-01 | 0 days | 1,700 sqft |
2019-10-01 | 0 days | 1,692 sqft |
2019-11-01 | 0 days | 1,692 sqft |
2019-12-01 | 0 days | 1,691 sqft |
2020-01-01 | 0 days | 1,677 sqft |
2020-02-01 | 0 days | 1,680 sqft |
2020-03-01 | 0 days | 1,695 sqft |
2020-04-01 | 0 days | 1,648 sqft |
2020-05-01 | 0 days | 1,637 sqft |
2020-06-01 | 0 days | 1,626 sqft |
2020-07-01 | 0 days | 1,594 sqft |
2020-08-01 | 0 days | 1,650 sqft |
2020-09-01 | 0 days | 1,578 sqft |
2020-10-01 | 0 days | 1,560 sqft |
2020-11-01 | 0 days | 1,613 sqft |
2020-12-01 | 0 days | 1,601 sqft |
2021-01-01 | 0 days | 1,609 sqft |
2021-02-01 | 0 days | 1,595 sqft |
2021-03-01 | 0 days | 1,646 sqft |
2021-04-01 | 0 days | 1,615 sqft |
2021-05-01 | 0 days | 1,650 sqft |
2021-06-01 | 0 days | 1,741 sqft |
2021-07-01 | 0 days | 1,879 sqft |
2021-08-01 | 0 days | 1,829 sqft |
2021-09-01 | 0 days | 1,730 sqft |
2021-10-01 | 0 days | 1,715 sqft |
2021-11-01 | 0 days | 1,708 sqft |
2021-12-01 | 0 days | 1,696 sqft |
2022-01-01 | 0 days | 1,675 sqft |
2022-02-01 | 0 days | 1,672 sqft |
2022-03-01 | 0 days | 1,715 sqft |
2022-04-01 | 0 days | 1,750 sqft |
2022-05-01 | 0 days | 1,750 sqft |
2022-06-01 | 0 days | 1,625 sqft |
2022-07-01 | 0 days | 1,559 sqft |
2022-08-01 | 0 days | 1,649 sqft |
2022-09-01 | 0 days | 1,607 sqft |
2022-10-01 | 0 days | 1,605 sqft |
2022-11-01 | 0 days | 1,665 sqft |
2022-12-01 | 0 days | 1,634 sqft |
2023-01-01 | 0 days | 1,606 sqft |
2023-02-01 | 0 days | 1,614 sqft |
2023-03-01 | 0 days | 1,640 sqft |
2023-04-01 | 0 days | 1,546 sqft |
2023-05-01 | 0 days | 1,517 sqft |
2023-06-01 | 0 days | 1,560 sqft |
2023-07-01 | 0 days | 1,548 sqft |
2023-08-01 | 0 days | 1,592 sqft |
2023-09-01 | 0 days | 1,479 sqft |
2023-10-01 | 0 days | 1,515 sqft |
Branson's median square footage for active listings during the 2023-10-01 period was 1,515 sqft. One year prior, the average listing was 1,605 sqft.