Brunswick USDA Loans
BRUNSWICK, GA
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.
Brunswick's 22 lenders originated 44 USDA loans during 2021. The total origination value was $8,260,000, with an average USDA loan value of $187,727.
Brunswick USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Brunswick
averaged
5.39%
for the week of 2022-05-20, compared to the national average (all USDA variants) of
5.315% for the same period.
The average rate for the prior week (2022-05-13) was
5.27% and
one month ago for the week of 2022-04-15, the
average rate was 5.07%.
The average rate one year ago was 3.11%.
For refis of the same type during the week of 2022-05-20, the average rate
was 4.83%.
Brunswick 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 Brunswick level.
Name | # of Loans | 2021 Avg. 30yFix Rate | 2021 Avg. Total Fees |
---|---|---|---|
HOMESTAR FINANCIAL CORPORATION | 7 | 2.93% | $3,975 |
HOME POINT FINANCIAL CORPORATION | 6 | 2.56% | $6,483 |
BAY EQUITY LLC | 4 | 2.75% | $7,791 |
Austin Capital Bank SSB | 3 | 3.00% | $6,178 |
HOMEBRIDGE FINANCIAL SERVICES, INC. | 3 | 2.92% | $6,266 |
VANDERBILT MORTGAGE AND FINANCE, INC. | 2 | 2.75% | $5,512 |
Blue Ridge Bank | 2 | 2.88% | $3,874 |
STOCKTON MORTGAGE CORPORATION | 2 | 2.94% | $6,171 |
Citizens Bank | 2 | 3.25% | $6,887 |
BANKSOUTH MORTGAGE COMPANY, LLC | 1 | 2.63% | $9,029 |
INSPIRE HOME LOANS INC. | 1 | 2.75% | $6,306 |
LOANDEPOT.COM, LLC | 1 | 2.50% | $10,384 |
Regions Bank | 1 | 2.75% | $5,943 |
Renasant Bank | 1 | 2.63% | $5,239 |
STEARNS LENDING, LLC | 1 | 2.75% | $5,535 |
SWBC MORTGAGE CORPORATION | 1 | 2.75% | $2,016 |
TOWNE MORTGAGE COMPANY | 1 | 3.00% | $5,122 |
United Community Bank | 1 | 2.38% | $6,930 |
Capital City Home Loans, LLC | 1 | 3.25% | $5,625 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 3.25% | $6,414 |
First Federal Bank | 1 | 2.88% | $6,811 |
GUARANTEED RATE, INC. | 1 | 2.88% | $5,044 |
The top Brunswick USDA lender as defined by loan originations is HOMESTAR FINANCIAL CORPORATION, with
7 USDA loans originated. Their average total fees are
$3,975, which is $2,507
lower than the next largest lender,
HOME POINT FINANCIAL CORPORATION.
The lowest fee Brunswick USDA lenders (with over 10 loans originated) are
.
The lowest rate Brunswick USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Brunswick (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 | $342,750 (-1.8%) | $692,342 (0.6%) | 0.00 | 1,086 |
2018-02-01 | $345,450 (-1.3%) | $670,639 (-2.8%) | 0.00 | 1,236 |
2018-03-01 | $345,000 (-1.4%) | $682,472 (-2.3%) | 0.00 | 1,313 |
2018-04-01 | $344,950 (-3.9%) | $664,184 (-5.7%) | 0.00 | 1,392 |
2018-05-01 | $349,900 (-2.5%) | $665,447 (-7.3%) | 0.00 | 1,380 |
2018-06-01 | $359,000 (1.8%) | $668,684 (-9.4%) | 0.00 | 1,405 |
2018-07-01 | $373,750 (6.9%) | $683,097 (-5.1%) | 0.00 | 1,390 |
2018-08-01 | $354,345 (2.9%) | $661,570 (-6.2%) | 0.00 | 1,523 |
2018-09-01 | $379,500 (8.7%) | $687,339 (-1.9%) | 0.00 | 1,291 |
2018-10-01 | $381,200 (9.4%) | $695,468 (-1.0%) | 0.00 | 1,261 |
2018-11-01 | $377,000 (7.8%) | $676,624 (-2.1%) | 0.00 | 1,256 |
2018-12-01 | $363,161 (3.8%) | $663,738 (-4.6%) | 0.00 | 1,258 |
2019-01-01 | $355,000 (3.6%) | $666,505 (-3.7%) | 0.00 | 1,238 |
2019-02-01 | $352,400 (2.0%) | $669,680 (-0.1%) | 0.00 | 1,285 |
2019-03-01 | $360,657 (4.5%) | $689,623 (1.1%) | 0.00 | 1,307 |
2019-04-01 | $373,950 (8.4%) | $709,137 (6.8%) | 0.00 | 1,301 |
2019-05-01 | $379,000 (8.3%) | $708,908 (6.5%) | 0.00 | 1,336 |
2019-06-01 | $394,000 (9.8%) | $704,728 (5.4%) | 0.00 | 1,365 |
2019-07-01 | $396,250 (6.0%) | $718,494 (5.2%) | 0.00 | 1,296 |
2019-08-01 | $392,809 (10.9%) | $722,500 (9.2%) | 0.00 | 1,226 |
2019-09-01 | $388,700 (2.4%) | $723,027 (5.2%) | 0.00 | 1,184 |
2019-10-01 | $375,000 (-1.6%) | $707,739 (1.8%) | 0.00 | 1,196 |
2019-11-01 | $375,000 (-0.5%) | $702,481 (3.8%) | 0.00 | 1,187 |
2019-12-01 | $372,000 (2.4%) | $695,710 (4.8%) | 0.00 | 1,156 |
2020-01-01 | $370,000 (4.2%) | $685,307 (2.8%) | 0.00 | 1,103 |
2020-02-01 | $379,000 (7.6%) | $678,257 (1.3%) | 0.00 | 1,184 |
2020-03-01 | $377,500 (4.7%) | $668,587 (-3.1%) | 0.00 | 1,225 |
2020-04-01 | $379,000 (1.4%) | $668,363 (-5.8%) | 0.00 | 1,215 |
2020-05-01 | $384,900 (1.6%) | $663,943 (-6.3%) | 0.00 | 1,197 |
2020-06-01 | $389,900 (-1.0%) | $674,968 (-4.2%) | 0.00 | 1,118 |
2020-07-01 | $392,500 (-1.0%) | $685,054 (-4.7%) | 0.00 | 1,029 |
2020-08-01 | $399,000 (1.6%) | $717,988 (-0.6%) | 0.00 | 907 |
2020-09-01 | $387,000 (-0.4%) | $714,535 (-1.2%) | 0.00 | 854 |
2020-10-01 | $379,900 (1.3%) | $699,449 (-1.2%) | 0.00 | 792 |
2020-11-01 | $367,489 (-2.0%) | $698,371 (-0.6%) | 0.00 | 738 |
2020-12-01 | $362,500 (-2.6%) | $703,662 (1.1%) | 0.00 | 689 |
2021-01-01 | $359,900 (-2.7%) | $731,142 (6.7%) | 0.00 | 636 |
2021-02-01 | $349,950 (-7.7%) | $708,528 (4.5%) | 0.00 | 586 |
2021-03-01 | $343,250 (-9.1%) | $688,474 (3.0%) | 0.00 | 552 |
2021-04-01 | $344,950 (-9.0%) | $691,019 (3.4%) | 0.00 | 527 |
2021-05-01 | $340,000 (-11.7%) | $715,052 (7.7%) | 0.00 | 518 |
2021-06-01 | $342,500 (-12.2%) | $668,251 (-1.0%) | 0.00 | 502 |
2021-07-01 | $354,900 (-9.6%) | $697,796 (1.9%) | 0.00 | 461 |
2021-08-01 | $365,515 (-8.4%) | $668,831 (-6.9%) | 0.00 | 501 |
2021-09-01 | $366,450 (-5.3%) | $676,238 (-5.4%) | 0.00 | 508 |
2021-10-01 | $375,000 (-1.3%) | $691,592 (-1.1%) | 0.00 | 475 |
2021-11-01 | $387,775 (5.5%) | $706,174 (1.1%) | 0.00 | 482 |
2021-12-01 | $399,900 (10.3%) | $738,855 (5.0%) | 0.00 | 430 |
2022-01-01 | $424,000 (17.8%) | $755,494 (3.3%) | 0.00 | 395 |
2022-02-01 | $442,000 (26.3%) | $709,413 (0.1%) | 0.00 | 403 |
2022-03-01 | $416,445 (21.3%) | $719,227 (4.5%) | 0.00 | 400 |
2022-04-01 | $399,000 (15.7%) | $794,870 (15.0%) | 0.00 | 404 |
Brunswick's median listing price comes in at 0% of the national average.
Brunswick's average listing price for 2022-04-01 was $794,870, a difference of $103,851 (15.0%) versus the prior year and $75,643 versus the prior month.
For the 2022-04-01 period, Brunswick had 404 MLS listings, a difference of 4 listings (1%) versus the prior month and -123 listings (-23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Brunswick (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,171 sqft |
2018-02-01 | 0 days | 2,154 sqft |
2018-03-01 | 0 days | 2,137 sqft |
2018-04-01 | 0 days | 2,131 sqft |
2018-05-01 | 0 days | 2,171 sqft |
2018-06-01 | 0 days | 2,200 sqft |
2018-07-01 | 0 days | 2,219 sqft |
2018-08-01 | 0 days | 2,248 sqft |
2018-09-01 | 0 days | 2,221 sqft |
2018-10-01 | 0 days | 2,225 sqft |
2018-11-01 | 0 days | 2,202 sqft |
2018-12-01 | 0 days | 2,167 sqft |
2019-01-01 | 0 days | 2,147 sqft |
2019-02-01 | 0 days | 2,110 sqft |
2019-03-01 | 0 days | 2,138 sqft |
2019-04-01 | 0 days | 2,194 sqft |
2019-05-01 | 0 days | 2,195 sqft |
2019-06-01 | 0 days | 2,223 sqft |
2019-07-01 | 0 days | 2,216 sqft |
2019-08-01 | 0 days | 2,210 sqft |
2019-09-01 | 0 days | 2,202 sqft |
2019-10-01 | 0 days | 2,193 sqft |
2019-11-01 | 0 days | 2,147 sqft |
2019-12-01 | 0 days | 2,130 sqft |
2020-01-01 | 0 days | 2,104 sqft |
2020-02-01 | 0 days | 2,105 sqft |
2020-03-01 | 0 days | 2,053 sqft |
2020-04-01 | 0 days | 2,123 sqft |
2020-05-01 | 0 days | 2,130 sqft |
2020-06-01 | 0 days | 2,143 sqft |
2020-07-01 | 0 days | 2,087 sqft |
2020-08-01 | 0 days | 2,087 sqft |
2020-09-01 | 0 days | 2,063 sqft |
2020-10-01 | 0 days | 2,056 sqft |
2020-11-01 | 0 days | 2,017 sqft |
2020-12-01 | 0 days | 1,987 sqft |
2021-01-01 | 0 days | 2,009 sqft |
2021-02-01 | 0 days | 2,009 sqft |
2021-03-01 | 0 days | 2,009 sqft |
2021-04-01 | 0 days | 2,000 sqft |
2021-05-01 | 0 days | 1,952 sqft |
2021-06-01 | 0 days | 1,938 sqft |
2021-07-01 | 0 days | 1,950 sqft |
2021-08-01 | 0 days | 2,028 sqft |
2021-09-01 | 0 days | 1,995 sqft |
2021-10-01 | 0 days | 2,046 sqft |
2021-11-01 | 0 days | 2,075 sqft |
2021-12-01 | 0 days | 2,128 sqft |
2022-01-01 | 0 days | 2,159 sqft |
2022-02-01 | 0 days | 2,053 sqft |
2022-03-01 | 0 days | 1,950 sqft |
2022-04-01 | 0 days | 1,940 sqft |
Brunswick's median square footage for active listings during the 2022-04-01 period was 1,940 sqft. One year prior, the average listing was 2,000 sqft.