Brunswick USDA Loan Rates, Closing Costs & Stats

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 6.21% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

Brunswick's average USDA mortgage closing costs are $5,276.

The average rate for the prior week (2022-11-25) was 6.54% and one month ago for the week of 2022-10-28, the average rate was 7.02%.

The average rate one year ago was 3.21%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.05%.

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/closing costs 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. Closing Costs
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 $344,500 (-1.0%) $702,849 (1.7%) 0.00 1,061
2018-02-01 $344,950 (-1.4%) $682,808 (-1.4%) 0.00 1,143
2018-03-01 $344,700 (-1.5%) $693,006 (-0.9%) 0.00 1,216
2018-04-01 $347,450 (-1.2%) $683,012 (-3.3%) 0.00 1,267
2018-05-01 $349,900 (-1.2%) $683,108 (-5.3%) 0.00 1,271
2018-06-01 $358,895 (2.5%) $685,152 (-6.1%) 0.00 1,286
2018-07-01 $372,495 (8.0%) $700,476 (-1.3%) 0.00 1,273
2018-08-01 $349,900 (2.3%) $673,829 (-4.2%) 0.00 1,397
2018-09-01 $379,500 (9.4%) $706,021 (0.1%) 0.00 1,174
2018-10-01 $379,800 (9.5%) $710,591 (0.5%) 0.00 1,146
2018-11-01 $374,375 (7.1%) $684,218 (-2.4%) 0.00 1,139
2018-12-01 $359,000 (2.6%) $672,198 (-4.9%) 0.00 1,132
2019-01-01 $349,948 (1.6%) $672,200 (-4.4%) 0.00 1,117
2019-02-01 $349,900 (1.4%) $677,362 (-0.8%) 0.00 1,162
2019-03-01 $360,657 (4.6%) $698,831 (0.8%) 0.00 1,175
2019-04-01 $374,900 (7.9%) $720,339 (5.5%) 0.00 1,166
2019-05-01 $377,500 (7.9%) $719,512 (5.3%) 0.00 1,199
2019-06-01 $379,900 (5.9%) $721,220 (5.3%) 0.00 1,193
2019-07-01 $385,000 (3.4%) $742,897 (6.1%) 0.00 1,137
2019-08-01 $383,364 (9.6%) $748,665 (11.1%) 0.00 1,081
2019-09-01 $380,909 (0.4%) $747,208 (5.8%) 0.00 1,055
2019-10-01 $377,225 (-0.7%) $745,773 (5.0%) 0.00 1,038
2019-11-01 $375,000 (0.2%) $736,360 (7.6%) 0.00 1,033
2019-12-01 $375,000 (4.5%) $721,473 (7.3%) 0.00 1,011
2020-01-01 $379,000 (8.3%) $704,730 (4.8%) 0.00 961
2020-02-01 $382,000 (9.2%) $699,040 (3.2%) 0.00 1,062
2020-03-01 $384,950 (6.7%) $686,119 (-1.8%) 0.00 1,106
2020-04-01 $380,475 (1.5%) $675,054 (-6.3%) 0.00 1,102
2020-05-01 $386,500 (2.4%) $668,408 (-7.1%) 0.00 1,085
2020-06-01 $397,000 (4.5%) $683,505 (-5.2%) 0.00 1,021
2020-07-01 $399,000 (3.6%) $698,127 (-6.0%) 0.00 956
2020-08-01 $390,000 (1.7%) $707,634 (-5.5%) 0.00 847
2020-09-01 $382,000 (0.3%) $704,547 (-5.7%) 0.00 788
2020-10-01 $375,000 (-0.6%) $693,280 (-7.0%) 0.00 741
2020-11-01 $362,450 (-3.4%) $684,242 (-7.1%) 0.00 698
2020-12-01 $359,400 (-4.2%) $694,278 (-3.8%) 0.00 641
2021-01-01 $357,500 (-5.7%) $723,051 (2.6%) 0.00 599
2021-02-01 $349,975 (-8.4%) $700,791 (0.3%) 0.00 554
2021-03-01 $344,000 (-10.6%) $705,359 (2.8%) 0.00 522
2021-04-01 $346,950 (-8.8%) $707,109 (4.8%) 0.00 488
2021-05-01 $329,950 (-14.6%) $728,175 (8.9%) 0.00 491
2021-06-01 $346,500 (-12.7%) $691,303 (1.1%) 0.00 471
2021-07-01 $349,900 (-12.3%) $698,969 (0.1%) 0.00 455
2021-08-01 $355,161 (-8.9%) $672,419 (-5.0%) 0.00 473
2021-09-01 $362,175 (-5.2%) $690,469 (-2.0%) 0.00 475
2021-10-01 $375,000 (0.0%) $693,083 (0.0%) 0.00 447
2021-11-01 $383,888 (5.9%) $704,691 (3.0%) 0.00 453
2021-12-01 $399,900 (11.3%) $747,714 (7.7%) 0.00 400
2022-01-01 $419,450 (17.3%) $760,651 (5.2%) 0.00 367
2022-02-01 $435,000 (24.3%) $730,091 (4.2%) 0.00 366
2022-03-01 $399,675 (16.2%) $747,548 (6.0%) 0.00 352
2022-04-01 $379,900 (9.5%) $838,593 (18.6%) 0.00 347
2022-05-01 $397,875 (20.6%) $865,884 (18.9%) 0.00 375
2022-06-01 $388,900 (12.2%) $829,824 (20.0%) 0.00 387
2022-07-01 $412,400 (17.9%) $763,894 (9.3%) 0.00 403
2022-08-01 $412,200 (16.1%) $788,656 (17.3%) 0.00 417
2022-09-01 $419,248 (15.8%) $802,177 (16.2%) 0.00 425
2022-10-01 $399,900 (6.6%) $857,190 (23.7%) 0.00 453
2022-11-01 $398,850 (3.9%) $816,273 (15.8%) 0.00 470
Brunswick's median listing price for 2022-11-01 was $398,850, a difference of $14,962 (3.9%) versus the prior year and $-1,050 versus the prior month.

Brunswick's median listing price comes in at 0% of the national average.

Brunswick's average listing price for 2022-11-01 was $816,273, a difference of $111,582 (15.8%) versus the prior year and $-40,917 versus the prior month.

For the 2022-11-01 period, Brunswick had 470 MLS listings, a difference of 17 listings (4%) versus the prior month and 17 listings (4%) 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 2,144 sqft
2018-02-01 0 days 2,115 sqft
2018-03-01 0 days 2,100 sqft
2018-04-01 0 days 2,107 sqft
2018-05-01 0 days 2,152 sqft
2018-06-01 0 days 2,188 sqft
2018-07-01 0 days 2,200 sqft
2018-08-01 0 days 2,210 sqft
2018-09-01 0 days 2,208 sqft
2018-10-01 0 days 2,208 sqft
2018-11-01 0 days 2,188 sqft
2018-12-01 0 days 2,118 sqft
2019-01-01 0 days 2,095 sqft
2019-02-01 0 days 2,061 sqft
2019-03-01 0 days 2,105 sqft
2019-04-01 0 days 2,163 sqft
2019-05-01 0 days 2,171 sqft
2019-06-01 0 days 2,201 sqft
2019-07-01 0 days 2,200 sqft
2019-08-01 0 days 2,201 sqft
2019-09-01 0 days 2,201 sqft
2019-10-01 0 days 2,202 sqft
2019-11-01 0 days 2,154 sqft
2019-12-01 0 days 2,149 sqft
2020-01-01 0 days 2,120 sqft
2020-02-01 0 days 2,065 sqft
2020-03-01 0 days 2,055 sqft
2020-04-01 0 days 2,094 sqft
2020-05-01 0 days 2,116 sqft
2020-06-01 0 days 2,137 sqft
2020-07-01 0 days 2,101 sqft
2020-08-01 0 days 2,080 sqft
2020-09-01 0 days 2,052 sqft
2020-10-01 0 days 2,063 sqft
2020-11-01 0 days 2,014 sqft
2020-12-01 0 days 1,994 sqft
2021-01-01 0 days 2,000 sqft
2021-02-01 0 days 2,003 sqft
2021-03-01 0 days 2,009 sqft
2021-04-01 0 days 1,951 sqft
2021-05-01 0 days 1,924 sqft
2021-06-01 0 days 1,926 sqft
2021-07-01 0 days 1,937 sqft
2021-08-01 0 days 1,995 sqft
2021-09-01 0 days 1,953 sqft
2021-10-01 0 days 2,035 sqft
2021-11-01 0 days 2,037 sqft
2021-12-01 0 days 2,116 sqft
2022-01-01 0 days 2,123 sqft
2022-02-01 0 days 2,035 sqft
2022-03-01 0 days 1,937 sqft
2022-04-01 0 days 1,922 sqft
2022-05-01 0 days 2,038 sqft
2022-06-01 0 days 1,982 sqft
2022-07-01 0 days 1,990 sqft
2022-08-01 0 days 1,965 sqft
2022-09-01 0 days 2,033 sqft
2022-10-01 0 days 2,029 sqft
2022-11-01 0 days 1,994 sqft
Brunswick's median listing age (time on market) for 2022-11-01 was 0 days.

Brunswick's median square footage for active listings during the 2022-11-01 period was 1,994 sqft. One year prior, the average listing was 2,037 sqft.