Brunswick USDA Loans

BRUNSWICK, GA

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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.

    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.