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%.

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

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. Louis
Date 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 for 2022-04-01 was $399,000, a difference of $54,050 (15.7%) versus the prior year and $-17,445 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2022-04-01 was 0 days.

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.