Centralia USDA Loan Rates, Closing Costs & Stats

Centralia, WA

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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.

    Centralia's 19 lenders originated 50 USDA loans during 2021. The total origination value was $15,120,000, with an average USDA loan value of $302,400.

    Centralia USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Centralia averaged 6.34% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

    Centralia's average USDA mortgage closing costs are $6,751.

    The average rate for the prior week (2022-11-25) was 6.47% and one month ago for the week of 2022-10-28, the average rate was 6.95%.

    The average rate one year ago was 3.24%.

    For refis of the same type during the week of 2022-12-02, the average rate was 6.48%.

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

    Centralia 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 Centralia level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    ACADEMY MORTGAGE CORPORATION 15 3.22% $9,210
    PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.44% $8,273
    Paramount Residential Mortgage Group, Inc. 3 2.83% $6,175
    MANN FINANCIAL INC. 3 2.75% $10,642
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.29% $8,126
    Flagstar Bank, FSB 3 2.75% $6,285
    UNITED WHOLESALE MORTGAGE, LLC 2 2.75% $9,796
    BAY EQUITY LLC 2 2.81% $8,084
    GUILD MORTGAGE COMPANY 2 3.06% $9,097
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 2.75% $7,381
    LEADERONE FINANCIAL CORPORATION 1 2.88% $5,441
    Hometown Lenders, Inc. 1 3.25% $8,263
    Mortgage Research Center, LLC 1 2.50% $6,415
    GENEVA FINANCIAL, LLC 1 2.75% $6,729
    CALIBER HOME LOANS, INC. 1 2.65% $7,096
    RANLIFE, INC. 1 2.88% $8,424
    SUMMIT FUNDING, INC. 1 3.25% $6,678
    TJC Mortgage, Inc. 1 3.00% $8,539
    BROKER SOLUTIONS, INC. 1 2.88% $11,564

    The top Centralia USDA lender as defined by loan originations is ACADEMY MORTGAGE CORPORATION, with 15 USDA loans originated. Their average total fees are $9,210, which is $937 higher than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

    The lowest fee Centralia USDA lenders (with over 10 loans originated) are ACADEMY MORTGAGE CORPORATION ($9,210), .

    The lowest rate Centralia USDA lenders (with over 10 loans originated) are ACADEMY MORTGAGE CORPORATION (3.22%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Centralia (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 $251,500 (29.3%) $324,447 (17.8%) 0.00 224
    2018-02-01 $251,200 (22.6%) $327,864 (17.1%) 0.00 199
    2018-03-01 $269,500 (23.1%) $334,312 (15.7%) 0.00 184
    2018-04-01 $290,750 (18.9%) $351,578 (15.9%) 0.00 179
    2018-05-01 $292,500 (17.0%) $346,977 (13.5%) 0.00 193
    2018-06-01 $289,450 (13.5%) $336,705 (7.0%) 0.00 234
    2018-07-01 $299,500 (19.9%) $350,757 (12.0%) 0.00 247
    2018-08-01 $297,088 (18.8%) $344,754 (10.0%) 0.00 283
    2018-09-01 $299,000 (18.4%) $340,920 (9.9%) 0.00 302
    2018-10-01 $299,250 (20.0%) $343,477 (12.9%) 0.00 296
    2018-11-01 $299,000 (19.6%) $346,281 (9.9%) 0.00 289
    2018-12-01 $314,900 (26.0%) $368,393 (16.8%) 0.00 245
    2019-01-01 $321,250 (27.7%) $379,863 (17.1%) 0.00 200
    2019-02-01 $315,000 (25.4%) $371,656 (13.4%) 0.00 200
    2019-03-01 $314,171 (16.6%) $359,424 (7.5%) 0.00 203
    2019-04-01 $308,584 (6.1%) $353,951 (0.7%) 0.00 186
    2019-05-01 $308,675 (5.5%) $354,552 (2.2%) 0.00 194
    2019-06-01 $314,944 (8.8%) $354,904 (5.4%) 0.00 215
    2019-07-01 $319,000 (6.5%) $365,395 (4.2%) 0.00 234
    2019-08-01 $316,409 (6.5%) $367,715 (6.7%) 0.00 254
    2019-09-01 $312,523 (4.5%) $364,226 (6.8%) 0.00 268
    2019-10-01 $309,750 (3.5%) $361,900 (5.4%) 0.00 278
    2019-11-01 $309,450 (3.5%) $358,846 (3.6%) 0.00 270
    2019-12-01 $301,213 (-4.4%) $364,024 (-1.2%) 0.00 230
    2020-01-01 $312,400 (-2.8%) $387,031 (1.9%) 0.00 224
    2020-02-01 $317,900 (0.9%) $378,725 (1.9%) 0.00 223
    2020-03-01 $313,225 (-0.3%) $378,952 (5.4%) 0.00 232
    2020-04-01 $326,125 (5.7%) $384,492 (8.6%) 0.00 235
    2020-05-01 $329,900 (6.9%) $396,930 (12.0%) 0.00 232
    2020-06-01 $334,500 (6.2%) $401,604 (13.2%) 0.00 221
    2020-07-01 $337,000 (5.6%) $399,479 (9.3%) 0.00 230
    2020-08-01 $349,800 (10.6%) $415,097 (12.9%) 0.00 222
    2020-09-01 $330,000 (5.6%) $410,932 (12.8%) 0.00 233
    2020-10-01 $339,900 (9.7%) $422,429 (16.7%) 0.00 222
    2020-11-01 $342,225 (10.6%) $436,652 (21.7%) 0.00 136
    2020-12-01 $332,000 (10.2%) $430,070 (18.1%) 0.00 111
    2021-01-01 $342,500 (9.6%) $436,670 (12.8%) 0.00 96
    2021-02-01 $349,750 (10.0%) $457,206 (20.7%) 0.00 86
    2021-03-01 $361,250 (15.3%) $458,335 (21.0%) 0.00 79
    2021-04-01 $386,500 (18.5%) $467,885 (21.7%) 0.00 72
    2021-05-01 $399,000 (21.0%) $478,292 (20.5%) 0.00 91
    2021-06-01 $398,225 (19.1%) $512,574 (27.6%) 0.00 107
    2021-07-01 $425,000 (26.1%) $525,499 (31.6%) 0.00 119
    2021-08-01 $436,750 (24.9%) $521,995 (25.8%) 0.00 140
    2021-09-01 $449,450 (36.2%) $510,244 (24.2%) 0.00 152
    2021-10-01 $430,000 (26.5%) $509,445 (20.6%) 0.00 148
    2021-11-01 $449,600 (31.4%) $515,520 (18.1%) 0.00 117
    2021-12-01 $429,500 (29.4%) $494,326 (14.9%) 0.00 92
    2022-01-01 $420,000 (22.6%) $502,297 (15.0%) 0.00 65
    2022-02-01 $429,700 (22.9%) $527,532 (15.4%) 0.00 70
    2022-03-01 $452,000 (25.1%) $571,897 (24.8%) 0.00 74
    2022-04-01 $487,450 (26.1%) $648,477 (38.6%) 0.00 88
    2022-05-01 $539,225 (35.1%) $653,420 (36.6%) 0.00 125
    2022-06-01 $498,700 (25.2%) $618,109 (20.6%) 0.00 194
    2022-07-01 $525,000 (23.5%) $583,845 (11.1%) 0.00 245
    2022-08-01 $499,925 (14.5%) $563,131 (7.9%) 0.00 285
    2022-09-01 $487,250 (8.4%) $550,365 (7.9%) 0.00 289
    2022-10-01 $489,000 (13.7%) $545,424 (7.1%) 0.00 271
    2022-11-01 $487,475 (8.4%) $550,486 (6.8%) 0.00 252
    Centralia's median listing price for 2022-11-01 was $487,475, a difference of $37,875 (8.4%) versus the prior year and $-1,525 versus the prior month.

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

    Centralia's average listing price for 2022-11-01 was $550,486, a difference of $34,966 (6.8%) versus the prior year and $5,062 versus the prior month.

    For the 2022-11-01 period, Centralia had 252 MLS listings, a difference of -19 listings (-7%) versus the prior month and 135 listings (115%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Centralia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,782 sqft
    2018-02-01 0 days 1,782 sqft
    2018-03-01 0 days 1,882 sqft
    2018-04-01 0 days 1,947 sqft
    2018-05-01 0 days 1,919 sqft
    2018-06-01 0 days 1,906 sqft
    2018-07-01 0 days 1,942 sqft
    2018-08-01 0 days 1,864 sqft
    2018-09-01 0 days 1,864 sqft
    2018-10-01 0 days 1,843 sqft
    2018-11-01 0 days 1,834 sqft
    2018-12-01 0 days 1,878 sqft
    2019-01-01 0 days 1,886 sqft
    2019-02-01 0 days 1,880 sqft
    2019-03-01 0 days 1,851 sqft
    2019-04-01 0 days 1,833 sqft
    2019-05-01 0 days 1,847 sqft
    2019-06-01 0 days 1,782 sqft
    2019-07-01 0 days 1,782 sqft
    2019-08-01 0 days 1,777 sqft
    2019-09-01 0 days 1,770 sqft
    2019-10-01 0 days 1,766 sqft
    2019-11-01 0 days 1,782 sqft
    2019-12-01 0 days 1,782 sqft
    2020-01-01 0 days 1,794 sqft
    2020-02-01 0 days 1,782 sqft
    2020-03-01 0 days 1,757 sqft
    2020-04-01 0 days 1,747 sqft
    2020-05-01 0 days 1,781 sqft
    2020-06-01 0 days 1,799 sqft
    2020-07-01 0 days 1,807 sqft
    2020-08-01 0 days 1,792 sqft
    2020-09-01 0 days 1,716 sqft
    2020-10-01 0 days 1,703 sqft
    2020-11-01 0 days 1,711 sqft
    2020-12-01 0 days 1,764 sqft
    2021-01-01 0 days 1,705 sqft
    2021-02-01 0 days 1,682 sqft
    2021-03-01 0 days 1,577 sqft
    2021-04-01 0 days 1,607 sqft
    2021-05-01 0 days 1,592 sqft
    2021-06-01 0 days 1,644 sqft
    2021-07-01 0 days 1,760 sqft
    2021-08-01 0 days 1,821 sqft
    2021-09-01 0 days 1,840 sqft
    2021-10-01 0 days 1,960 sqft
    2021-11-01 0 days 1,899 sqft
    2021-12-01 0 days 1,800 sqft
    2022-01-01 0 days 1,722 sqft
    2022-02-01 0 days 1,705 sqft
    2022-03-01 0 days 1,786 sqft
    2022-04-01 0 days 1,876 sqft
    2022-05-01 0 days 1,789 sqft
    2022-06-01 0 days 1,762 sqft
    2022-07-01 0 days 1,850 sqft
    2022-08-01 0 days 1,863 sqft
    2022-09-01 0 days 1,810 sqft
    2022-10-01 0 days 1,810 sqft
    2022-11-01 0 days 1,794 sqft
    Centralia's median listing age (time on market) for 2022-11-01 was 0 days.

    Centralia's median square footage for active listings during the 2022-11-01 period was 1,794 sqft. One year prior, the average listing was 1,899 sqft.