Cullman USDA Loan Rates, Closing Costs & Stats

Cullman, AL

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Cullman's 28 lenders originated 86 USDA loans during 2024. The total origination value was $17,180,000, with an average USDA loan value of $199,767.

    Cullman USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Cullman averaged 6.43% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    Cullman's average USDA mortgage closing costs are $4,393.

    The average rate for the prior week (2025-03-28) was 6.39% and one month ago for the week of 2025-02-28, the average rate was 6.44%.

    The average rate one year ago was 6.8%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.22%.

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

    Cullman 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 Cullman level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 22 6.18% $6,495
    Renasant Bank 13 6.50% $6,119
    Flagstar Bank, FSB 8 6.41% $7,372
    STOCKTON MORTGAGE CORPORATION 5 6.35% $7,252
    First Federal Bank, A FSB 4 5.94% $6,594
    UNITED WHOLESALE MORTGAGE, LLC 3 6.50% $7,061
    UNION HOME MORTGAGE CORP. 3 6.50% $7,217
    Hamilton Mortgage Corporation 2 5.63% $8,478
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $5,582
    FirstBank 1 5.50% $7,528
    FIRST COLONY MORTGAGE CORPORATION 1 5.25% $9,446
    Consumer First Mortgage, Inc. 1 6.25% $8,952
    CARDINAL FINANCIAL 1 7.25% $4,848
    GUARANTEED RATE, INC. 1 6.38% $8,059
    CANOPY MORTGAGE, LLC 1 6.63% $6,631
    LOANDEPOT.COM, LLC 1 5.88% $6,907
    Magnolia Bank 1 6.75% $10,195
    MOVEMENT MORTGAGE, LLC 1 6.50% $8,058
    PLANET HOME LENDING, LLC 1 6.88% $6,809
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.38% $7,073
    Ameris Bank 1 6.50% $4,477
    South State Bank 1 5.88% $13,852
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.13% $5,954
    The Loan Store, Inc. 1 5.63% $3,199
    TOWNE MORTGAGE COMPANY 1 5.50% $5,729
    1ST SIGNATURE LENDING, LLC 1 6.88% $10,723
    Equity Prime Mortgage LLC 1 5.88% $8,098
    EAGLE HOME MORTGAGE, LLC 1 5.25% $5,842

    The top Cullman USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 22 USDA loans originated. Their average total fees are $6,495, which is $375 higher than the next largest lender, Renasant Bank.

    The lowest fee Cullman USDA lenders (with over 10 loans originated) are Renasant Bank ($6,119), GUILD MORTGAGE COMPANY ($6,495), .

    The lowest rate Cullman USDA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (6.18%), Renasant Bank (6.50%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Cullman (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 $202,450 (12.1%) $282,025 (9.7%) 0.00 555
    2018-02-01 $210,700 (17.1%) $283,009 (9.2%) 0.00 588
    2018-03-01 $214,900 (13.3%) $284,391 (7.9%) 0.00 577
    2018-04-01 $225,000 (13.7%) $291,264 (8.9%) 0.00 566
    2018-05-01 $225,000 (5.6%) $291,603 (4.4%) 0.00 563
    2018-06-01 $225,000 (-1.0%) $305,121 (3.5%) 0.00 569
    2018-07-01 $229,450 (4.3%) $308,220 (6.0%) 0.00 577
    2018-08-01 $233,325 (9.0%) $312,335 (9.4%) 0.00 587
    2018-09-01 $232,550 (10.8%) $308,604 (9.4%) 0.00 593
    2018-10-01 $225,000 (4.4%) $298,572 (4.9%) 0.00 586
    2018-11-01 $214,675 (-1.1%) $291,827 (2.7%) 0.00 586
    2018-12-01 $212,000 (1.0%) $286,208 (2.3%) 0.00 547
    2019-01-01 $206,950 (2.2%) $295,966 (4.9%) 0.00 527
    2019-02-01 $214,450 (1.8%) $308,191 (8.9%) 0.00 528
    2019-03-01 $220,193 (2.5%) $320,457 (12.7%) 0.00 535
    2019-04-01 $220,943 (-1.8%) $328,539 (12.8%) 0.00 550
    2019-05-01 $219,450 (-2.5%) $328,841 (12.8%) 0.00 566
    2019-06-01 $220,000 (-2.2%) $334,006 (9.5%) 0.00 556
    2019-07-01 $219,900 (-4.2%) $330,739 (7.3%) 0.00 561
    2019-08-01 $223,251 (-4.3%) $328,053 (5.0%) 0.00 555
    2019-09-01 $228,577 (-1.7%) $326,762 (5.9%) 0.00 558
    2019-10-01 $230,718 (2.5%) $325,648 (9.1%) 0.00 559
    2019-11-01 $238,228 (11.0%) $326,565 (11.9%) 0.00 554
    2019-12-01 $239,675 (13.1%) $329,702 (15.2%) 0.00 529
    2020-01-01 $229,900 (11.1%) $327,111 (10.5%) 0.00 494
    2020-02-01 $239,900 (11.9%) $331,900 (7.7%) 0.00 487
    2020-03-01 $244,183 (10.9%) $336,028 (4.9%) 0.00 492
    2020-04-01 $244,283 (10.6%) $337,160 (2.6%) 0.00 476
    2020-05-01 $246,150 (12.2%) $332,889 (1.2%) 0.00 432
    2020-06-01 $265,900 (20.9%) $340,028 (1.8%) 0.00 355
    2020-07-01 $258,950 (17.8%) $345,162 (4.4%) 0.00 317
    2020-08-01 $252,450 (13.1%) $351,704 (7.2%) 0.00 286
    2020-09-01 $284,900 (24.6%) $368,454 (12.8%) 0.00 253
    2020-10-01 $271,450 (17.7%) $366,640 (12.6%) 0.00 236
    2020-11-01 $251,175 (5.4%) $346,250 (6.0%) 0.00 236
    2020-12-01 $247,400 (3.2%) $338,885 (2.8%) 0.00 226
    2021-01-01 $245,000 (6.6%) $349,500 (6.8%) 0.00 190
    2021-02-01 $257,800 (7.5%) $373,110 (12.4%) 0.00 190
    2021-03-01 $279,450 (14.4%) $390,937 (16.3%) 0.00 184
    2021-04-01 $276,925 (13.4%) $389,702 (15.6%) 0.00 183
    2021-05-01 $279,900 (13.7%) $410,558 (23.3%) 0.00 164
    2021-06-01 $280,554 (5.5%) $399,137 (17.4%) 0.00 171
    2021-07-01 $279,900 (8.1%) $395,812 (14.7%) 0.00 209
    2021-08-01 $292,450 (15.8%) $401,311 (14.1%) 0.00 232
    2021-09-01 $298,225 (4.7%) $397,270 (7.8%) 0.00 246
    2021-10-01 $284,900 (5.0%) $405,798 (10.7%) 0.00 253
    2021-11-01 $296,608 (18.1%) $429,351 (24.0%) 0.00 241
    2021-12-01 $279,950 (13.2%) $423,531 (25.0%) 0.00 207
    2022-01-01 $302,043 (23.3%) $439,658 (25.8%) 0.00 175
    2022-02-01 $294,000 (14.0%) $460,861 (23.5%) 0.00 172
    2022-03-01 $306,632 (9.7%) $495,551 (26.8%) 0.00 180
    2022-04-01 $324,795 (17.3%) $494,171 (26.8%) 0.00 210
    2022-05-01 $326,515 (16.7%) $502,355 (22.4%) 0.00 240
    2022-06-01 $333,890 (19.0%) $512,884 (28.5%) 0.00 287
    2022-07-01 $339,900 (21.4%) $520,536 (31.5%) 0.00 296
    2022-08-01 $344,615 (17.8%) $521,114 (29.9%) 0.00 307
    2022-09-01 $330,031 (10.7%) $487,473 (22.7%) 0.00 324
    2022-10-01 $326,995 (14.8%) $483,394 (19.1%) 0.00 339
    2022-11-01 $320,245 (8.0%) $478,058 (11.3%) 0.00 335
    2022-12-01 $328,030 (17.2%) $494,982 (16.9%) 0.00 369
    2023-01-01 $323,185 (7.0%) $467,413 (6.3%) 0.00 329
    2023-02-01 $318,246 (8.3%) $459,839 (-0.2%) 0.00 283
    2023-03-01 $319,450 (4.2%) $484,707 (-2.2%) 0.00 287
    2023-04-01 $322,280 (-0.8%) $519,134 (5.1%) 0.00 287
    2023-05-01 $321,781 (-1.5%) $519,279 (3.4%) 0.00 291
    2023-06-01 $323,464 (-3.1%) $535,144 (4.3%) 0.00 290
    2023-07-01 $299,900 (-11.8%) $518,176 (-0.5%) 0.00 298
    2023-08-01 $299,130 (-13.2%) $506,465 (-2.8%) 0.00 322
    2023-09-01 $299,900 (-9.1%) $535,915 (9.9%) 0.00 344
    2023-10-01 $289,900 (-11.3%) $549,283 (13.6%) 0.00 327
    2023-11-01 $272,425 (-14.9%) $508,429 (6.4%) 0.00 373
    2023-12-01 $274,900 (-16.2%) $524,674 (6.0%) 0.00 352
    2024-01-01 $281,725 (-12.8%) $568,380 (21.6%) 0.00 324
    2024-02-01 $292,000 (-8.3%) $592,869 (28.9%) 0.00 304
    2024-03-01 $306,550 (-4.0%) $625,557 (29.1%) 0.00 311
    2024-04-01 $314,925 (-2.3%) $626,469 (20.7%) 0.00 333
    2024-05-01 $334,400 (3.9%) $618,671 (19.1%) 0.00 355
    2024-06-01 $329,900 (2.0%) $597,694 (11.7%) 0.00 394
    2024-07-01 $329,675 (9.9%) $580,400 (12.0%) 0.00 394
    2024-08-01 $323,500 (8.2%) $552,353 (9.1%) 0.00 405
    2024-09-01 $323,675 (7.9%) $541,077 (1.0%) 0.00 419
    2024-10-01 $320,825 (10.7%) $533,054 (-3.0%) 0.00 418
    2024-11-01 $317,708 (16.6%) $529,198 (4.1%) 0.00 413
    2024-12-01 $299,000 (8.8%) $503,094 (-4.1%) 0.00 389
    2025-01-01 $292,475 (3.8%) $497,393 (-12.5%) 0.00 370
    2025-02-01 $294,534 (0.9%) $508,267 (-14.3%) 0.00 376
    2025-03-01 $299,900 (-2.2%) $528,737 (-15.5%) 0.00 419
    Cullman's median listing price for 2025-03-01 was $299,900, a difference of $-6,650 (-2.2%) versus the prior year and $5,366 versus the prior month.

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

    Cullman's average listing price for 2025-03-01 was $528,737, a difference of $-96,820 (-15.5%) versus the prior year and $20,470 versus the prior month.

    For the 2025-03-01 period, Cullman had 419 MLS listings, a difference of 43 listings (11%) versus the prior month and 108 listings (35%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cullman (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,975 sqft
    2018-02-01 0 days 1,998 sqft
    2018-03-01 0 days 1,996 sqft
    2018-04-01 0 days 1,997 sqft
    2018-05-01 0 days 2,000 sqft
    2018-06-01 0 days 2,000 sqft
    2018-07-01 0 days 2,022 sqft
    2018-08-01 0 days 2,065 sqft
    2018-09-01 0 days 2,002 sqft
    2018-10-01 0 days 2,000 sqft
    2018-11-01 0 days 2,000 sqft
    2018-12-01 0 days 1,975 sqft
    2019-01-01 0 days 1,947 sqft
    2019-02-01 0 days 1,989 sqft
    2019-03-01 0 days 2,009 sqft
    2019-04-01 0 days 2,023 sqft
    2019-05-01 0 days 2,022 sqft
    2019-06-01 0 days 2,013 sqft
    2019-07-01 0 days 2,000 sqft
    2019-08-01 0 days 1,998 sqft
    2019-09-01 0 days 2,009 sqft
    2019-10-01 0 days 2,016 sqft
    2019-11-01 0 days 2,023 sqft
    2019-12-01 0 days 2,038 sqft
    2020-01-01 0 days 2,012 sqft
    2020-02-01 0 days 2,011 sqft
    2020-03-01 0 days 2,112 sqft
    2020-04-01 0 days 2,138 sqft
    2020-05-01 0 days 2,136 sqft
    2020-06-01 0 days 2,165 sqft
    2020-07-01 0 days 2,182 sqft
    2020-08-01 0 days 2,227 sqft
    2020-09-01 0 days 2,309 sqft
    2020-10-01 0 days 2,282 sqft
    2020-11-01 0 days 2,191 sqft
    2020-12-01 0 days 2,110 sqft
    2021-01-01 0 days 2,106 sqft
    2021-02-01 0 days 1,950 sqft
    2021-03-01 0 days 2,014 sqft
    2021-04-01 0 days 1,923 sqft
    2021-05-01 0 days 2,015 sqft
    2021-06-01 0 days 2,024 sqft
    2021-07-01 0 days 1,956 sqft
    2021-08-01 0 days 2,046 sqft
    2021-09-01 0 days 2,074 sqft
    2021-10-01 0 days 2,006 sqft
    2021-11-01 0 days 2,021 sqft
    2021-12-01 0 days 1,918 sqft
    2022-01-01 0 days 1,945 sqft
    2022-02-01 0 days 1,926 sqft
    2022-03-01 0 days 1,983 sqft
    2022-04-01 0 days 2,058 sqft
    2022-05-01 0 days 2,007 sqft
    2022-06-01 0 days 1,996 sqft
    2022-07-01 0 days 2,022 sqft
    2022-08-01 0 days 2,040 sqft
    2022-09-01 0 days 1,957 sqft
    2022-10-01 0 days 2,016 sqft
    2022-11-01 0 days 1,993 sqft
    2022-12-01 0 days 1,990 sqft
    2023-01-01 0 days 1,946 sqft
    2023-02-01 0 days 1,910 sqft
    2023-03-01 0 days 1,940 sqft
    2023-04-01 0 days 1,960 sqft
    2023-05-01 0 days 1,950 sqft
    2023-06-01 0 days 1,928 sqft
    2023-07-01 0 days 1,851 sqft
    2023-08-01 0 days 1,832 sqft
    2023-09-01 0 days 1,832 sqft
    2023-10-01 0 days 1,804 sqft
    2023-11-01 0 days 1,804 sqft
    2023-12-01 0 days 1,809 sqft
    2024-01-01 0 days 1,846 sqft
    2024-02-01 0 days 1,850 sqft
    2024-03-01 0 days 1,883 sqft
    2024-04-01 0 days 1,903 sqft
    2024-05-01 0 days 1,940 sqft
    2024-06-01 0 days 1,952 sqft
    2024-07-01 0 days 1,907 sqft
    2024-08-01 0 days 1,929 sqft
    2024-09-01 0 days 1,929 sqft
    2024-10-01 0 days 1,902 sqft
    2024-11-01 0 days 1,877 sqft
    2024-12-01 0 days 1,882 sqft
    2025-01-01 0 days 1,824 sqft
    2025-02-01 0 days 1,814 sqft
    2025-03-01 0 days 1,842 sqft
    Cullman's median listing age (time on market) for 2025-03-01 was 0 days.

    Cullman's median square footage for active listings during the 2025-03-01 period was 1,842 sqft. One year prior, the average listing was 1,883 sqft.