Dalton USDA Loan Rates, Closing Costs & Stats

DALTON, GA

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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.

    Dalton's 30 lenders originated 62 USDA loans during 2022. The total origination value was $12,400,000, with an average USDA loan value of $200,000.

    Dalton USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Dalton averaged -0.39% for the week of 2023-06-02, compared to the national average (all USDA variants) of 0% for the same period.

    Dalton's average USDA mortgage closing costs are $5,352.

    The average rate for the prior week (2023-05-26) was 6.45% and one month ago for the week of 2023-04-28, the average rate was 6.23%.

    The average rate one year ago was 5%.

    For refis of the same type during the week of 2023-06-02, the average rate was -1.08%.

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

    Dalton 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 Dalton level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    BANKSOUTH MORTGAGE COMPANY, LLC 6 3.88% $7,919
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 4.52% $5,975
    STOCKTON MORTGAGE CORPORATION 5 5.55% $7,443
    HOMESTAR FINANCIAL CORPORATION 4 5.19% $5,229
    CALIBER HOME LOANS, INC. 4 4.55% $7,403
    MORTGAGE INVESTORS GROUP, INC. 3 4.83% $7,664
    Renasant Bank 3 4.71% $7,884
    MOVEMENT MORTGAGE, LLC 3 5.46% $5,810
    Synovus Bank 2 4.88% $9,850
    South State Bank 2 4.44% $5,698
    Flagstar Bank, FSB 2 4.33% $5,668
    CHURCHILL MORTGAGE CORPORATION 2 4.69% $7,624
    HOME POINT FINANCIAL CORPORATION 2 4.56% $7,575
    T2 FINANCIAL LLC 1 6.75% $9,289
    Truist 1 4.75% $5,782
    UNITED WHOLESALE MORTGAGE, LLC 1 6.00% $5,166
    ACOPIA, LLC 1 5.75% $14,362
    US MORTGAGE CORPORATION 1 5.75% $7,570
    AMERISAVE MORTGAGE CORPORATION 1 4.25% $5,168
    CROSSCOUNTRY MORTGAGE, LLC 1 5.38% $12,748
    EVERETT FINANCIAL, INC. 1 5.50% $5,118
    FirstBank 1 7.13% $9,882
    GENEVA FINANCIAL, LLC 1 3.25% $6,305
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.25% $10,684
    INSPIRE HOME LOANS INC. 1 4.13% $6,607
    LEADERONE FINANCIAL CORPORATION 1 3.75% $7,123
    ON Q FINANCIAL, INC. 1 3.25% $5,293
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.50% $5,097
    Regions Bank 1 4.25% $5,604
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.63% $7,830

    The top Dalton USDA lender as defined by loan originations is BANKSOUTH MORTGAGE COMPANY, LLC, with 6 USDA loans originated. Their average total fees are $7,919, which is $1,944 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Dalton USDA lenders (with over 10 loans originated) are .

    The lowest rate Dalton USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Dalton (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 $169,500 (2.4%) $250,905 (10.3%) 0.00 318
    2018-02-01 $169,900 (3.0%) $249,409 (13.2%) 0.00 327
    2018-03-01 $169,900 (3.0%) $250,115 (17.2%) 0.00 321
    2018-04-01 $175,250 (4.0%) $259,321 (18.3%) 0.00 327
    2018-05-01 $179,900 (5.9%) $256,616 (10.5%) 0.00 305
    2018-06-01 $179,900 (4.4%) $243,175 (2.7%) 0.00 314
    2018-07-01 $172,450 (-6.8%) $241,186 (-3.9%) 0.00 322
    2018-08-01 $170,425 (-1.5%) $241,644 (-1.0%) 0.00 317
    2018-09-01 $174,950 (3.0%) $245,357 (3.5%) 0.00 337
    2018-10-01 $179,400 (8.8%) $240,070 (3.7%) 0.00 328
    2018-11-01 $179,675 (6.6%) $242,370 (3.4%) 0.00 315
    2018-12-01 $174,900 (2.9%) $233,673 (-2.4%) 0.00 319
    2019-01-01 $176,000 (3.8%) $230,393 (-8.2%) 0.00 303
    2019-02-01 $177,000 (4.2%) $235,879 (-5.4%) 0.00 291
    2019-03-01 $182,171 (7.2%) $242,505 (-3.0%) 0.00 280
    2019-04-01 $185,871 (6.1%) $243,252 (-6.2%) 0.00 266
    2019-05-01 $188,400 (4.7%) $239,600 (-6.6%) 0.00 271
    2019-06-01 $189,900 (5.6%) $247,092 (1.6%) 0.00 297
    2019-07-01 $189,450 (9.9%) $244,239 (1.3%) 0.00 297
    2019-08-01 $189,973 (11.5%) $250,790 (3.8%) 0.00 311
    2019-09-01 $189,932 (8.6%) $247,956 (1.1%) 0.00 328
    2019-10-01 $189,875 (5.8%) $245,345 (2.2%) 0.00 337
    2019-11-01 $184,400 (2.6%) $241,137 (-0.5%) 0.00 332
    2019-12-01 $184,400 (5.4%) $237,791 (1.8%) 0.00 314
    2020-01-01 $179,900 (2.2%) $234,315 (1.7%) 0.00 289
    2020-02-01 $192,450 (8.7%) $243,199 (3.1%) 0.00 291
    2020-03-01 $199,900 (9.7%) $245,061 (1.1%) 0.00 274
    2020-04-01 $203,400 (9.4%) $249,220 (2.5%) 0.00 258
    2020-05-01 $219,900 (16.7%) $263,623 (10.0%) 0.00 227
    2020-06-01 $228,450 (20.3%) $275,568 (11.5%) 0.00 198
    2020-07-01 $235,558 (24.3%) $279,505 (14.4%) 0.00 170
    2020-08-01 $230,000 (21.1%) $292,117 (16.5%) 0.00 162
    2020-09-01 $249,400 (31.3%) $291,798 (17.7%) 0.00 165
    2020-10-01 $239,900 (26.4%) $285,896 (16.5%) 0.00 175
    2020-11-01 $246,988 (33.9%) $278,171 (15.4%) 0.00 191
    2020-12-01 $249,925 (35.5%) $291,971 (22.8%) 0.00 170
    2021-01-01 $249,900 (38.9%) $290,281 (23.9%) 0.00 154
    2021-02-01 $265,950 (38.2%) $307,920 (26.6%) 0.00 120
    2021-03-01 $239,900 (20.0%) $302,692 (23.5%) 0.00 93
    2021-04-01 $243,900 (19.9%) $319,553 (28.2%) 0.00 91
    2021-05-01 $249,900 (13.6%) $324,793 (23.2%) 0.00 96
    2021-06-01 $259,600 (13.6%) $354,912 (28.8%) 0.00 107
    2021-07-01 $249,900 (6.1%) $343,415 (22.9%) 0.00 140
    2021-08-01 $254,725 (10.8%) $341,429 (16.9%) 0.00 171
    2021-09-01 $238,700 (-4.3%) $341,163 (16.9%) 0.00 176
    2021-10-01 $250,000 (4.2%) $347,676 (21.6%) 0.00 180
    2021-11-01 $249,675 (1.1%) $354,874 (27.6%) 0.00 185
    2021-12-01 $248,225 (-0.7%) $359,861 (23.3%) 0.00 184
    2022-01-01 $240,000 (-4.0%) $368,815 (27.1%) 0.00 167
    2022-02-01 $249,950 (-6.0%) $383,591 (24.6%) 0.00 143
    2022-03-01 $269,950 (12.5%) $386,407 (27.7%) 0.00 131
    2022-04-01 $275,000 (12.8%) $402,597 (26.0%) 0.00 126
    2022-05-01 $267,450 (7.0%) $376,845 (16.0%) 0.00 205
    2022-06-01 $282,450 (8.8%) $361,750 (1.9%) 0.00 234
    2022-07-01 $279,900 (12.0%) $360,291 (4.9%) 0.00 271
    2022-08-01 $279,788 (9.8%) $362,219 (6.1%) 0.00 301
    2022-09-01 $279,950 (17.3%) $352,624 (3.4%) 0.00 309
    2022-10-01 $274,900 (10.0%) $337,738 (-2.9%) 0.00 301
    2022-11-01 $266,075 (6.6%) $334,559 (-5.7%) 0.00 288
    2022-12-01 $273,450 (10.2%) $350,302 (-2.7%) 0.00 249
    2023-01-01 $269,950 (12.5%) $345,771 (-6.3%) 0.00 199
    2023-02-01 $279,925 (12.0%) $364,843 (-4.9%) 0.00 188
    2023-03-01 $299,900 (11.1%) $368,771 (-4.6%) 0.00 157
    2023-04-01 $299,900 (9.1%) $363,475 (-9.7%) 0.00 144
    2023-05-01 $313,375 (17.2%) $388,548 (3.1%) 0.00 148
    Dalton's median listing price for 2023-05-01 was $313,375, a difference of $45,925 (17.2%) versus the prior year and $13,475 versus the prior month.

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

    Dalton's average listing price for 2023-05-01 was $388,548, a difference of $11,703 (3.1%) versus the prior year and $25,073 versus the prior month.

    For the 2023-05-01 period, Dalton had 148 MLS listings, a difference of 4 listings (3%) versus the prior month and -57 listings (-28%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Dalton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,984 sqft
    2018-02-01 0 days 1,975 sqft
    2018-03-01 0 days 1,982 sqft
    2018-04-01 0 days 2,103 sqft
    2018-05-01 0 days 2,106 sqft
    2018-06-01 0 days 2,130 sqft
    2018-07-01 0 days 2,077 sqft
    2018-08-01 0 days 1,913 sqft
    2018-09-01 0 days 1,913 sqft
    2018-10-01 0 days 2,032 sqft
    2018-11-01 0 days 2,022 sqft
    2018-12-01 0 days 1,924 sqft
    2019-01-01 0 days 1,969 sqft
    2019-02-01 0 days 1,948 sqft
    2019-03-01 0 days 2,024 sqft
    2019-04-01 0 days 2,051 sqft
    2019-05-01 0 days 2,054 sqft
    2019-06-01 0 days 2,012 sqft
    2019-07-01 0 days 1,914 sqft
    2019-08-01 0 days 1,953 sqft
    2019-09-01 0 days 1,944 sqft
    2019-10-01 0 days 1,930 sqft
    2019-11-01 0 days 1,936 sqft
    2019-12-01 0 days 1,940 sqft
    2020-01-01 0 days 1,905 sqft
    2020-02-01 0 days 1,896 sqft
    2020-03-01 0 days 1,889 sqft
    2020-04-01 0 days 1,880 sqft
    2020-05-01 0 days 2,085 sqft
    2020-06-01 0 days 2,214 sqft
    2020-07-01 0 days 2,306 sqft
    2020-08-01 0 days 2,344 sqft
    2020-09-01 0 days 2,397 sqft
    2020-10-01 0 days 2,263 sqft
    2020-11-01 0 days 2,212 sqft
    2020-12-01 0 days 2,170 sqft
    2021-01-01 0 days 2,069 sqft
    2021-02-01 0 days 2,200 sqft
    2021-03-01 0 days 1,895 sqft
    2021-04-01 0 days 1,929 sqft
    2021-05-01 0 days 1,900 sqft
    2021-06-01 0 days 1,909 sqft
    2021-07-01 0 days 1,900 sqft
    2021-08-01 0 days 1,864 sqft
    2021-09-01 0 days 1,764 sqft
    2021-10-01 0 days 1,792 sqft
    2021-11-01 0 days 1,793 sqft
    2021-12-01 0 days 1,743 sqft
    2022-01-01 0 days 1,700 sqft
    2022-02-01 0 days 1,769 sqft
    2022-03-01 0 days 1,789 sqft
    2022-04-01 0 days 1,814 sqft
    2022-05-01 0 days 1,579 sqft
    2022-06-01 0 days 1,583 sqft
    2022-07-01 0 days 1,744 sqft
    2022-08-01 0 days 1,703 sqft
    2022-09-01 0 days 1,680 sqft
    2022-10-01 0 days 1,679 sqft
    2022-11-01 0 days 1,652 sqft
    2022-12-01 0 days 1,731 sqft
    2023-01-01 0 days 1,686 sqft
    2023-02-01 0 days 1,700 sqft
    2023-03-01 0 days 1,861 sqft
    2023-04-01 0 days 1,900 sqft
    2023-05-01 0 days 1,911 sqft
    Dalton's median listing age (time on market) for 2023-05-01 was 0 days.

    Dalton's median square footage for active listings during the 2023-05-01 period was 1,911 sqft. One year prior, the average listing was 1,579 sqft.