Corsicana USDA Loan Rates, Closing Costs & Stats
Corsicana, TX
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.
Corsicana's 2 lenders originated 2 USDA loans during 2023. The total origination value was $300,000, with an average USDA loan value of $150,000.
Corsicana USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Corsicana
averaged
6.91%
for the week of 2024-04-12, compared to the national average (all USDA variants) of
6.705% for the same period.
Corsicana's average USDA mortgage closing costs are $6,707.
The average rate for the prior week (2024-04-05) was
6.53% and
one month ago for the week of 2024-03-08, the
average rate was 6.59%.
The average rate one year ago was 6.6%.
For refis of the same type during the week of 2024-04-12, the average rate
was 6.61%.
Corsicana 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 Corsicana level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| GUILD MORTGAGE COMPANY | 1 | 5.63% | $9,859 |
| LOANPEOPLE, LLC | 1 | 6.88% | $7,221 |
The top Corsicana USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
1 USDA loans originated. Their average total fees are
$9,859, which is $2,638
higher than the next largest lender,
LOANPEOPLE, LLC.
The lowest fee Corsicana USDA lenders (with over 10 loans originated) are
.
The lowest rate Corsicana USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Corsicana (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 | $159,900 (9.2%) | $235,540 (-2.4%) | 0.00 | 121 |
| 2018-02-01 | $159,900 (6.7%) | $236,392 (-5.3%) | 0.00 | 119 |
| 2018-03-01 | $159,900 (8.2%) | $242,559 (4.9%) | 0.00 | 119 |
| 2018-04-01 | $195,000 (16.8%) | $269,424 (15.8%) | 0.00 | 128 |
| 2018-05-01 | $222,400 (34.3%) | $288,429 (24.6%) | 0.00 | 116 |
| 2018-06-01 | $229,900 (45.9%) | $296,404 (29.3%) | 0.00 | 114 |
| 2018-07-01 | $201,700 (20.5%) | $277,556 (12.3%) | 0.00 | 119 |
| 2018-08-01 | $183,375 (8.0%) | $261,020 (7.1%) | 0.00 | 121 |
| 2018-09-01 | $166,500 (4.2%) | $248,483 (5.5%) | 0.00 | 122 |
| 2018-10-01 | $157,000 (4.7%) | $244,122 (3.3%) | 0.00 | 132 |
| 2018-11-01 | $164,250 (3.7%) | $256,067 (7.6%) | 0.00 | 111 |
| 2018-12-01 | $177,950 (11.3%) | $233,884 (-0.8%) | 0.00 | 114 |
| 2019-01-01 | $194,663 (21.7%) | $255,310 (8.4%) | 0.00 | 106 |
| 2019-02-01 | $184,800 (15.6%) | $251,025 (6.2%) | 0.00 | 110 |
| 2019-03-01 | $178,300 (11.5%) | $244,355 (0.7%) | 0.00 | 116 |
| 2019-04-01 | $179,900 (-7.7%) | $260,025 (-3.5%) | 0.00 | 112 |
| 2019-05-01 | $197,800 (-11.1%) | $287,894 (-0.2%) | 0.00 | 109 |
| 2019-06-01 | $209,700 (-8.8%) | $295,144 (-0.4%) | 0.00 | 128 |
| 2019-07-01 | $198,500 (-1.6%) | $286,003 (3.0%) | 0.00 | 147 |
| 2019-08-01 | $203,000 (10.7%) | $295,049 (13.0%) | 0.00 | 150 |
| 2019-09-01 | $209,750 (26.0%) | $287,834 (15.8%) | 0.00 | 144 |
| 2019-10-01 | $215,000 (36.9%) | $289,200 (18.5%) | 0.00 | 131 |
| 2019-11-01 | $215,000 (30.9%) | $296,636 (15.8%) | 0.00 | 101 |
| 2019-12-01 | $201,975 (13.5%) | $279,833 (19.7%) | 0.00 | 102 |
| 2020-01-01 | $193,600 (-0.6%) | $278,441 (9.1%) | 0.00 | 96 |
| 2020-02-01 | $212,500 (15.0%) | $274,928 (9.5%) | 0.00 | 89 |
| 2020-03-01 | $198,000 (11.1%) | $273,951 (12.1%) | 0.00 | 105 |
| 2020-04-01 | $199,900 (11.1%) | $278,166 (7.0%) | 0.00 | 101 |
| 2020-05-01 | $189,450 (-4.2%) | $369,337 (28.3%) | 0.00 | 94 |
| 2020-06-01 | $188,450 (-10.1%) | $362,286 (22.8%) | 0.00 | 78 |
| 2020-07-01 | $178,679 (-10.0%) | $368,766 (28.9%) | 0.00 | 66 |
| 2020-08-01 | $172,500 (-15.0%) | $252,961 (-14.3%) | 0.00 | 72 |
| 2020-09-01 | $175,000 (-16.6%) | $243,537 (-15.4%) | 0.00 | 66 |
| 2020-10-01 | $198,750 (-7.6%) | $305,645 (5.7%) | 0.00 | 68 |
| 2020-11-01 | $172,425 (-19.8%) | $265,947 (-10.4%) | 0.00 | 67 |
| 2020-12-01 | $184,950 (-8.4%) | $271,552 (-3.0%) | 0.00 | 68 |
| 2021-01-01 | $174,900 (-9.7%) | $268,788 (-3.5%) | 0.00 | 53 |
| 2021-02-01 | $195,000 (-8.2%) | $300,132 (9.2%) | 0.00 | 36 |
| 2021-03-01 | $182,000 (-8.1%) | $287,357 (4.9%) | 0.00 | 37 |
| 2021-04-01 | $233,339 (16.7%) | $407,689 (46.6%) | 0.00 | 36 |
| 2021-05-01 | $199,000 (5.0%) | $392,982 (6.4%) | 0.00 | 42 |
| 2021-06-01 | $222,500 (18.1%) | $521,428 (43.9%) | 0.00 | 46 |
| 2021-07-01 | $269,500 (50.8%) | $520,595 (41.2%) | 0.00 | 53 |
| 2021-08-01 | $270,950 (57.1%) | $548,409 (116.8%) | 0.00 | 54 |
| 2021-09-01 | $309,725 (77.0%) | $569,696 (133.9%) | 0.00 | 56 |
| 2021-10-01 | $296,998 (49.4%) | $554,428 (81.4%) | 0.00 | 54 |
| 2021-11-01 | $286,975 (66.4%) | $414,056 (55.7%) | 0.00 | 48 |
| 2021-12-01 | $271,125 (46.6%) | $425,479 (56.7%) | 0.00 | 49 |
| 2022-01-01 | $283,300 (62.0%) | $403,495 (50.1%) | 0.00 | 48 |
| 2022-02-01 | $288,350 (47.9%) | $465,630 (55.1%) | 0.00 | 46 |
| 2022-03-01 | $278,225 (52.9%) | $410,703 (42.9%) | 0.00 | 63 |
| 2022-04-01 | $289,000 (23.9%) | $409,756 (0.5%) | 0.00 | 62 |
| 2022-05-01 | $293,350 (47.4%) | $487,247 (24.0%) | 0.00 | 71 |
| 2022-06-01 | $307,500 (38.2%) | $600,212 (15.1%) | 0.00 | 94 |
| 2022-07-01 | $314,900 (16.9%) | $570,571 (9.6%) | 0.00 | 126 |
| 2022-08-01 | $316,200 (16.7%) | $567,676 (3.5%) | 0.00 | 133 |
| 2022-09-01 | $319,975 (3.3%) | $556,980 (-2.2%) | 0.00 | 139 |
| 2022-10-01 | $309,900 (4.3%) | $531,412 (-4.2%) | 0.00 | 161 |
| 2022-11-01 | $308,550 (7.5%) | $512,766 (23.8%) | 0.00 | 163 |
| 2022-12-01 | $301,900 (11.4%) | $521,452 (22.6%) | 0.00 | 142 |
| 2023-01-01 | $300,888 (6.2%) | $498,428 (23.5%) | 0.00 | 129 |
| 2023-02-01 | $311,463 (8.0%) | $474,354 (1.9%) | 0.00 | 128 |
| 2023-03-01 | $329,350 (18.4%) | $522,387 (27.2%) | 0.00 | 128 |
| 2023-04-01 | $326,925 (13.1%) | $525,696 (28.3%) | 0.00 | 140 |
| 2023-05-01 | $325,000 (10.8%) | $508,243 (4.3%) | 0.00 | 148 |
| 2023-06-01 | $301,775 (-1.9%) | $455,609 (-24.1%) | 0.00 | 156 |
| 2023-07-01 | $308,750 (-2.0%) | $448,771 (-21.4%) | 0.00 | 155 |
| 2023-08-01 | $300,000 (-5.1%) | $447,467 (-21.2%) | 0.00 | 151 |
| 2023-09-01 | $300,875 (-6.0%) | $454,516 (-18.4%) | 0.00 | 158 |
| 2023-10-01 | $292,700 (-5.6%) | $462,376 (-13.0%) | 0.00 | 170 |
| 2023-11-01 | $286,000 (-7.3%) | $468,084 (-8.7%) | 0.00 | 170 |
| 2023-12-01 | $279,000 (-7.6%) | $454,434 (-12.9%) | 0.00 | 169 |
| 2024-01-01 | $289,750 (-3.7%) | $434,860 (-12.8%) | 0.00 | 168 |
| 2024-02-01 | $287,250 (-7.8%) | $427,458 (-9.9%) | 0.00 | 163 |
| 2024-03-01 | $295,000 (-10.4%) | $441,484 (-15.5%) | 0.00 | 168 |
Corsicana's median listing price comes in at 0% of the national average.
Corsicana's average listing price for 2024-03-01 was $441,484, a difference of $-80,903 (-15.5%) versus the prior year and $14,026 versus the prior month.
For the 2024-03-01 period, Corsicana had 168 MLS listings, a difference of 5 listings (3%) versus the prior month and 40 listings (31%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Corsicana (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,777 sqft |
| 2018-02-01 | 0 days | 1,736 sqft |
| 2018-03-01 | 0 days | 1,792 sqft |
| 2018-04-01 | 0 days | 1,873 sqft |
| 2018-05-01 | 0 days | 1,986 sqft |
| 2018-06-01 | 0 days | 2,098 sqft |
| 2018-07-01 | 0 days | 2,065 sqft |
| 2018-08-01 | 0 days | 2,008 sqft |
| 2018-09-01 | 0 days | 1,943 sqft |
| 2018-10-01 | 0 days | 1,846 sqft |
| 2018-11-01 | 0 days | 1,829 sqft |
| 2018-12-01 | 0 days | 1,801 sqft |
| 2019-01-01 | 0 days | 1,865 sqft |
| 2019-02-01 | 0 days | 1,871 sqft |
| 2019-03-01 | 0 days | 1,825 sqft |
| 2019-04-01 | 0 days | 1,826 sqft |
| 2019-05-01 | 0 days | 1,834 sqft |
| 2019-06-01 | 0 days | 1,921 sqft |
| 2019-07-01 | 0 days | 1,935 sqft |
| 2019-08-01 | 0 days | 1,995 sqft |
| 2019-09-01 | 0 days | 2,029 sqft |
| 2019-10-01 | 0 days | 2,063 sqft |
| 2019-11-01 | 0 days | 2,055 sqft |
| 2019-12-01 | 0 days | 2,021 sqft |
| 2020-01-01 | 0 days | 1,959 sqft |
| 2020-02-01 | 0 days | 1,976 sqft |
| 2020-03-01 | 0 days | 1,998 sqft |
| 2020-04-01 | 0 days | 1,956 sqft |
| 2020-05-01 | 0 days | 1,848 sqft |
| 2020-06-01 | 0 days | 1,831 sqft |
| 2020-07-01 | 0 days | 1,824 sqft |
| 2020-08-01 | 0 days | 1,870 sqft |
| 2020-09-01 | 0 days | 1,826 sqft |
| 2020-10-01 | 0 days | 1,881 sqft |
| 2020-11-01 | 0 days | 1,822 sqft |
| 2020-12-01 | 0 days | 1,839 sqft |
| 2021-01-01 | 0 days | 1,802 sqft |
| 2021-02-01 | 0 days | 1,832 sqft |
| 2021-03-01 | 0 days | 1,809 sqft |
| 2021-04-01 | 0 days | 1,962 sqft |
| 2021-05-01 | 0 days | 1,781 sqft |
| 2021-06-01 | 0 days | 1,771 sqft |
| 2021-07-01 | 0 days | 1,951 sqft |
| 2021-08-01 | 0 days | 1,880 sqft |
| 2021-09-01 | 0 days | 2,020 sqft |
| 2021-10-01 | 0 days | 1,988 sqft |
| 2021-11-01 | 0 days | 1,762 sqft |
| 2021-12-01 | 0 days | 1,780 sqft |
| 2022-01-01 | 0 days | 1,888 sqft |
| 2022-02-01 | 0 days | 1,768 sqft |
| 2022-03-01 | 0 days | 1,650 sqft |
| 2022-04-01 | 0 days | 1,670 sqft |
| 2022-05-01 | 0 days | 1,771 sqft |
| 2022-06-01 | 0 days | 1,913 sqft |
| 2022-07-01 | 0 days | 1,917 sqft |
| 2022-08-01 | 0 days | 1,962 sqft |
| 2022-09-01 | 0 days | 1,959 sqft |
| 2022-10-01 | 0 days | 1,908 sqft |
| 2022-11-01 | 0 days | 1,900 sqft |
| 2022-12-01 | 0 days | 1,900 sqft |
| 2023-01-01 | 0 days | 1,894 sqft |
| 2023-02-01 | 0 days | 1,815 sqft |
| 2023-03-01 | 0 days | 1,793 sqft |
| 2023-04-01 | 0 days | 1,798 sqft |
| 2023-05-01 | 0 days | 1,787 sqft |
| 2023-06-01 | 0 days | 1,798 sqft |
| 2023-07-01 | 0 days | 1,794 sqft |
| 2023-08-01 | 0 days | 1,788 sqft |
| 2023-09-01 | 0 days | 1,828 sqft |
| 2023-10-01 | 0 days | 1,828 sqft |
| 2023-11-01 | 0 days | 1,849 sqft |
| 2023-12-01 | 0 days | 1,823 sqft |
| 2024-01-01 | 0 days | 1,787 sqft |
| 2024-02-01 | 0 days | 1,751 sqft |
| 2024-03-01 | 0 days | 1,766 sqft |
Corsicana's median square footage for active listings during the 2024-03-01 period was 1,766 sqft. One year prior, the average listing was 1,793 sqft.