Clewiston USDA Loan Rates, Closing Costs & Stats

Clewiston, FL

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.

Clewiston's 19 lenders originated 65 USDA loans during 2021. The total origination value was $13,585,000, with an average USDA loan value of $209,000.

Clewiston USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Clewiston averaged 6.61% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

Clewiston's average USDA mortgage closing costs are $5,954.

The average rate for the prior week (2022-11-25) was 6.65% and one month ago for the week of 2022-10-28, the average rate was 6.72%.

The average rate one year ago was 3.61%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.12%.

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

Clewiston 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 Clewiston level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
AMERICAN PACIFIC MORTGAGE CORPORATION 10 2.81% $6,174
PRIMARY RESIDENTIAL MORTGAGE, INC. 9 3.13% $7,467
Paramount Residential Mortgage Group, Inc. 7 3.05% $5,896
CROSSCOUNTRY MORTGAGE, LLC 6 3.10% $6,463
Waterstone Mortgage Corporation 6 3.15% $7,610
MOVEMENT MORTGAGE, LLC 5 2.93% $5,534
Nations Lending Corporation 3 3.04% $4,965
NP, Inc. 3 3.04% $6,809
Loan Simple, Inc. 2 2.69% $5,694
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.81% $7,566
ENVOY MORTGAGE, LTD 2 3.13% $7,341
HOME POINT FINANCIAL CORPORATION 2 3.25% $7,468
South State Bank 2 2.63% $5,249
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.38% $6,009
PENNYMAC LOAN SERVICES, LLC 1 2.88% $6,803
FINANCE OF AMERICA MORTGAGE LLC 1 3.38% $7,752
CMG MORTGAGE, INC. 1 3.13% $6,973
UNITED WHOLESALE MORTGAGE, LLC 1 2.94% $6,071
AMERICAN FINANCIAL RESOURCES, INC. 1 2.63% $5,444

The top Clewiston USDA lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with 10 USDA loans originated. Their average total fees are $6,174, which is $1,293 lower than the next largest lender, PRIMARY RESIDENTIAL MORTGAGE, INC..

The lowest fee Clewiston USDA lenders (with over 10 loans originated) are AMERICAN PACIFIC MORTGAGE CORPORATION ($6,174), .

The lowest rate Clewiston USDA lenders (with over 10 loans originated) are AMERICAN PACIFIC MORTGAGE CORPORATION (2.81%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Clewiston (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 $227,000 (7.2%) $326,642 (-1.3%) 0.00 98
2018-02-01 $219,500 (-1.2%) $311,982 (-10.1%) 0.00 97
2018-03-01 $199,900 (0.0%) $307,298 (-8.6%) 0.00 97
2018-04-01 $222,500 (4.0%) $351,418 (4.3%) 0.00 91
2018-05-01 $219,950 (7.6%) $356,307 (0.0%) 0.00 83
2018-06-01 $219,900 (13.1%) $351,600 (7.2%) 0.00 82
2018-07-01 $199,900 (5.3%) $352,682 (16.9%) 0.00 88
2018-08-01 $197,450 (4.1%) $309,604 (2.3%) 0.00 98
2018-09-01 $210,000 (6.4%) $330,830 (4.3%) 0.00 95
2018-10-01 $217,450 (13.2%) $332,645 (10.3%) 0.00 103
2018-11-01 $210,000 (5.2%) $329,365 (6.8%) 0.00 102
2018-12-01 $217,450 (-3.4%) $328,421 (-4.8%) 0.00 110
2019-01-01 $205,675 (-9.4%) $338,138 (3.5%) 0.00 110
2019-02-01 $213,675 (-2.7%) $341,059 (9.3%) 0.00 106
2019-03-01 $226,357 (13.2%) $348,618 (13.5%) 0.00 104
2019-04-01 $226,332 (1.7%) $354,394 (0.9%) 0.00 101
2019-05-01 $218,750 (-0.6%) $332,285 (-6.7%) 0.00 106
2019-06-01 $229,650 (4.4%) $352,711 (0.3%) 0.00 100
2019-07-01 $210,000 (5.1%) $336,425 (-4.6%) 0.00 98
2019-08-01 $209,381 (6.0%) $330,165 (6.6%) 0.00 97
2019-09-01 $223,454 (6.4%) $337,167 (1.9%) 0.00 96
2019-10-01 $232,836 (7.1%) $341,835 (2.8%) 0.00 97
2019-11-01 $236,700 (12.7%) $346,323 (5.2%) 0.00 95
2019-12-01 $243,975 (12.2%) $341,989 (4.1%) 0.00 97
2020-01-01 $236,225 (14.9%) $348,707 (3.1%) 0.00 98
2020-02-01 $219,900 (2.9%) $336,327 (-1.4%) 0.00 115
2020-03-01 $222,450 (-1.7%) $340,094 (-2.4%) 0.00 117
2020-04-01 $224,950 (-0.6%) $357,473 (0.9%) 0.00 109
2020-05-01 $224,950 (2.8%) $336,936 (1.4%) 0.00 101
2020-06-01 $225,000 (-2.0%) $358,340 (1.6%) 0.00 93
2020-07-01 $255,000 (21.4%) $352,736 (4.9%) 0.00 80
2020-08-01 $236,200 (12.8%) $369,318 (11.9%) 0.00 80
2020-09-01 $244,900 (9.6%) $373,884 (10.9%) 0.00 85
2020-10-01 $255,730 (9.8%) $386,282 (13.0%) 0.00 76
2020-11-01 $249,925 (5.6%) $410,736 (18.6%) 0.00 74
2020-12-01 $250,000 (2.5%) $434,821 (27.1%) 0.00 69
2021-01-01 $249,950 (5.8%) $446,340 (28.0%) 0.00 68
2021-02-01 $247,500 (12.6%) $463,741 (37.9%) 0.00 68
2021-03-01 $252,450 (13.5%) $467,835 (37.6%) 0.00 68
2021-04-01 $266,000 (18.3%) $483,288 (35.2%) 0.00 60
2021-05-01 $279,500 (24.3%) $490,152 (45.5%) 0.00 59
2021-06-01 $281,700 (25.2%) $512,717 (43.1%) 0.00 49
2021-07-01 $290,000 (13.7%) $453,611 (28.6%) 0.00 59
2021-08-01 $314,850 (33.3%) $496,438 (34.4%) 0.00 71
2021-09-01 $327,000 (33.5%) $511,579 (36.8%) 0.00 75
2021-10-01 $306,500 (19.9%) $481,251 (24.6%) 0.00 89
2021-11-01 $316,750 (26.7%) $458,306 (11.6%) 0.00 91
2021-12-01 $311,250 (24.5%) $457,002 (5.1%) 0.00 97
2022-01-01 $297,000 (18.8%) $470,191 (5.3%) 0.00 94
2022-02-01 $314,000 (26.9%) $543,050 (17.1%) 0.00 77
2022-03-01 $300,229 (18.9%) $563,756 (20.5%) 0.00 68
2022-04-01 $349,000 (31.2%) $504,420 (4.4%) 0.00 72
2022-05-01 $356,250 (27.5%) $522,542 (6.6%) 0.00 67
2022-06-01 $344,700 (22.4%) $489,011 (-4.6%) 0.00 86
2022-07-01 $354,950 (22.4%) $520,850 (14.8%) 0.00 105
2022-08-01 $359,950 (14.3%) $518,619 (4.5%) 0.00 129
2022-09-01 $349,725 (7.0%) $467,166 (-8.7%) 0.00 150
2022-10-01 $349,900 (14.2%) $446,215 (-7.3%) 0.00 159
2022-11-01 $348,450 (10.0%) $449,368 (-2.0%) 0.00 156
Clewiston's median listing price for 2022-11-01 was $348,450, a difference of $31,700 (10.0%) versus the prior year and $-1,450 versus the prior month.

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

Clewiston's average listing price for 2022-11-01 was $449,368, a difference of $-8,938 (-2.0%) versus the prior year and $3,153 versus the prior month.

For the 2022-11-01 period, Clewiston had 156 MLS listings, a difference of -3 listings (-2%) versus the prior month and 65 listings (71%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Clewiston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,942 sqft
2018-02-01 0 days 1,884 sqft
2018-03-01 0 days 1,757 sqft
2018-04-01 0 days 1,914 sqft
2018-05-01 0 days 1,877 sqft
2018-06-01 0 days 1,768 sqft
2018-07-01 0 days 1,748 sqft
2018-08-01 0 days 1,679 sqft
2018-09-01 0 days 1,779 sqft
2018-10-01 0 days 1,809 sqft
2018-11-01 0 days 1,823 sqft
2018-12-01 0 days 1,828 sqft
2019-01-01 0 days 1,754 sqft
2019-02-01 0 days 1,697 sqft
2019-03-01 0 days 1,673 sqft
2019-04-01 0 days 1,611 sqft
2019-05-01 0 days 1,575 sqft
2019-06-01 0 days 1,609 sqft
2019-07-01 0 days 1,602 sqft
2019-08-01 0 days 1,570 sqft
2019-09-01 0 days 1,568 sqft
2019-10-01 0 days 1,569 sqft
2019-11-01 0 days 1,604 sqft
2019-12-01 0 days 1,697 sqft
2020-01-01 0 days 1,601 sqft
2020-02-01 0 days 1,586 sqft
2020-03-01 0 days 1,602 sqft
2020-04-01 0 days 1,714 sqft
2020-05-01 0 days 1,699 sqft
2020-06-01 0 days 1,731 sqft
2020-07-01 0 days 1,773 sqft
2020-08-01 0 days 1,739 sqft
2020-09-01 0 days 1,713 sqft
2020-10-01 0 days 1,739 sqft
2020-11-01 0 days 1,723 sqft
2020-12-01 0 days 1,726 sqft
2021-01-01 0 days 1,672 sqft
2021-02-01 0 days 1,644 sqft
2021-03-01 0 days 1,608 sqft
2021-04-01 0 days 1,588 sqft
2021-05-01 0 days 1,593 sqft
2021-06-01 0 days 1,598 sqft
2021-07-01 0 days 1,536 sqft
2021-08-01 0 days 1,594 sqft
2021-09-01 0 days 1,609 sqft
2021-10-01 0 days 1,546 sqft
2021-11-01 0 days 1,602 sqft
2021-12-01 0 days 1,546 sqft
2022-01-01 0 days 1,457 sqft
2022-02-01 0 days 1,500 sqft
2022-03-01 0 days 1,515 sqft
2022-04-01 0 days 1,535 sqft
2022-05-01 0 days 1,540 sqft
2022-06-01 0 days 1,538 sqft
2022-07-01 0 days 1,600 sqft
2022-08-01 0 days 1,608 sqft
2022-09-01 0 days 1,601 sqft
2022-10-01 0 days 1,600 sqft
2022-11-01 0 days 1,593 sqft
Clewiston's median listing age (time on market) for 2022-11-01 was 0 days.

Clewiston's median square footage for active listings during the 2022-11-01 period was 1,593 sqft. One year prior, the average listing was 1,602 sqft.