Deltona USDA Loan Rates, Closing Costs & Stats

DELTONA-DAYTONA BEACH-ORMOND BEACH, 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.

Deltona's 41 lenders originated 70 USDA loans during 2021. The total origination value was $16,040,000, with an average USDA loan value of $229,143.

Deltona USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Deltona averaged 6.5% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

Deltona's average USDA mortgage closing costs are $6,017.

The average rate for the prior week (2022-11-25) was 6.74% and one month ago for the week of 2022-10-28, the average rate was 6.91%.

The average rate one year ago was 3.41%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.37%.

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

Deltona 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 Deltona level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Mortgage Lenders Investment Trading Corporation 6 3.17% $8,242
Plains Commerce Bank 4 2.72% $6,777
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.13% $7,222
Christensen Financial, Inc. 3 3.25% $8,957
METROPLEX MORTGAGE SERVICES, INC. 2 2.87% $8,162
FIDELITY FUNDING MORTGAGE CORP. 2 3.00% $5,256
AMERICAN FINANCIAL NETWORK, INC. 2 3.38% $11,704
Paramount Residential Mortgage Group, Inc. 2 2.81% $7,548
PENNYMAC LOAN SERVICES, LLC 2 2.81% $5,667
PLANET HOME LENDING, LLC 2 2.81% $5,501
CALIBER HOME LOANS, INC. 2 3.06% $6,238
SUN WEST MORTGAGE COMPANY, INC. 2 2.56% $5,728
THE MORTGAGE FIRM, INC. 2 2.81% $6,236
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.06% $5,932
Waterstone Mortgage Corporation 2 3.63% $7,560
HAMILTON HOME LOANS, INC. 2 3.00% $6,341
HOME POINT FINANCIAL CORPORATION 2 2.88% $6,098
CROSSCOUNTRY MORTGAGE, LLC 2 3.13% $4,185
LOANDEPOT.COM, LLC 1 2.88% $4,183
NATIONS RELIABLE LENDING, LLC 1 3.00% $7,036
PANORAMA MORTGAGE GROUP, LLC 1 2.88% $8,516
Regions Bank 1 2.75% $7,840
SECURITYNATIONAL MORTGAGE COMPANY 1 2.88% $7,240
FIRST COMMUNITY MORTGAGE, INC. 1 3.00% $4,535
ACOPIA, LLC 1 3.00% $8,813
Austin Capital Bank SSB 1 2.50% $5,755
Bank of England 1 2.38% $7,010
BROKER SOLUTIONS, INC. 1 3.00% $7,011
Carrington Mortgage Services, LLC 1 2.50% $4,310
Citizens Bank 1 3.63% $7,578
COUNTRYPLACE MORTGAGE, LTD. 1 3.75% $9,524
DHI MORTGAGE COMPANY, LTD. 1 2.50% $5,050
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 2.75% $6,539
EMBRACE HOME LOANS, INC. 1 2.25% $3,676
ENVOY MORTGAGE, LTD 1 3.88% $8,223
Equity Prime Mortgage LLC 1 3.50% $7,142
ABSOLUTE HOME MORTGAGE CORPORATION 1 2.75% $4,485
Florida Capital Bank 1 2.75% $7,244
FREEDOM MORTGAGE CORPORATION 1 3.50% $7,419
GENEVA FINANCIAL, LLC 1 3.25% $5,303
Hometown Equity Mortgage, LLC 1 2.50% $5,343

The top Deltona USDA lender as defined by loan originations is Mortgage Lenders Investment Trading Corporation, with 6 USDA loans originated. Their average total fees are $8,242, which is $1,465 higher than the next largest lender, Plains Commerce Bank.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Deltona (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 $259,900 (0.0%) $356,674 (-1.8%) 0.96 4,545
2018-02-01 $259,900 (-1.5%) $355,907 (-3.7%) 0.94 4,613
2018-03-01 $264,500 (-0.7%) $362,162 (-2.1%) 0.93 4,674
2018-04-01 $269,450 (0.6%) $371,611 (0.3%) 0.91 4,722
2018-05-01 $274,850 (2.2%) $372,907 (0.3%) 0.92 4,790
2018-06-01 $275,000 (2.1%) $374,152 (-0.1%) 0.92 4,807
2018-07-01 $275,000 (3.8%) $375,433 (1.8%) 0.92 4,812
2018-08-01 $275,000 (3.8%) $375,025 (1.0%) 0.92 4,774
2018-09-01 $271,251 (2.4%) $368,896 (0.0%) 0.91 4,888
2018-10-01 $269,950 (3.9%) $366,539 (2.3%) 0.91 5,041
2018-11-01 $269,900 (3.1%) $369,681 (3.8%) 0.91 5,195
2018-12-01 $269,900 (3.8%) $372,361 (4.6%) 0.93 5,203
2019-01-01 $269,450 (3.7%) $371,634 (4.2%) 0.93 5,261
2019-02-01 $270,430 (4.1%) $375,012 (5.4%) 0.91 5,382
2019-03-01 $274,671 (3.9%) $375,773 (3.8%) 0.90 5,293
2019-04-01 $277,175 (2.9%) $376,593 (1.3%) 0.88 5,113
2019-05-01 $279,875 (1.8%) $379,636 (1.8%) 0.87 5,015
2019-06-01 $279,590 (1.7%) $377,380 (0.9%) 0.87 5,062
2019-07-01 $275,000 (0.0%) $373,372 (-0.6%) 0.86 4,991
2019-08-01 $274,455 (-0.2%) $369,588 (-1.5%) 0.87 5,000
2019-09-01 $273,636 (0.9%) $368,314 (-0.2%) 0.88 4,947
2019-10-01 $273,091 (1.2%) $367,465 (0.3%) 0.88 4,910
2019-11-01 $270,000 (0.0%) $365,922 (-1.0%) 0.89 4,864
2019-12-01 $273,744 (1.4%) $366,094 (-1.7%) 0.91 4,761
2020-01-01 $273,245 (1.4%) $369,468 (-0.6%) 0.91 4,758
2020-02-01 $279,900 (3.5%) $377,290 (0.6%) 0.92 4,678
2020-03-01 $279,450 (1.7%) $375,496 (-0.1%) 0.88 4,774
2020-04-01 $274,950 (-0.8%) $370,793 (-1.5%) 0.86 4,879
2020-05-01 $275,000 (-1.7%) $372,117 (-2.0%) 0.84 4,642
2020-06-01 $279,000 (-0.2%) $377,548 (0.0%) 0.82 4,002
2020-07-01 $279,900 (1.8%) $384,577 (3.0%) 0.81 3,558
2020-08-01 $279,900 (2.0%) $387,836 (4.9%) 0.80 3,165
2020-09-01 $286,450 (4.7%) $399,842 (8.6%) 0.82 2,914
2020-10-01 $289,000 (5.8%) $403,129 (9.7%) 0.83 2,874
2020-11-01 $289,000 (7.0%) $402,447 (10.0%) 0.84 2,823
2020-12-01 $287,180 (4.9%) $405,221 (10.7%) 0.85 2,625
2021-01-01 $289,900 (6.1%) $412,641 (11.7%) 0.87 2,321
2021-02-01 $299,265 (6.9%) $436,287 (15.6%) 0.87 1,939
2021-03-01 $302,450 (8.2%) $446,989 (19.0%) 0.86 1,544
2021-04-01 $315,000 (14.6%) $463,623 (25.0%) 0.85 1,397
2021-05-01 $319,900 (16.3%) $468,149 (25.8%) 0.85 1,403
2021-06-01 $334,475 (19.9%) $468,257 (24.0%) 0.88 1,544
2021-07-01 $330,000 (17.9%) $458,922 (19.3%) 0.87 1,732
2021-08-01 $339,000 (21.1%) $455,772 (17.5%) 0.90 1,882
2021-09-01 $342,500 (19.6%) $460,127 (15.1%) 0.91 2,002
2021-10-01 $349,900 (21.1%) $470,043 (16.6%) 0.93 1,986
2021-11-01 $349,900 (21.1%) $478,819 (19.0%) 0.93 1,918
2021-12-01 $349,900 (21.8%) $478,159 (18.0%) 0.95 1,744
2022-01-01 $349,600 (20.6%) $472,790 (14.6%) 0.95 1,509
2022-02-01 $375,000 (25.3%) $513,005 (17.6%) 0.98 1,326
2022-03-01 $379,000 (25.3%) $526,105 (17.7%) 0.95 1,261
2022-04-01 $399,280 (26.8%) $552,527 (19.2%) 0.95 1,310
2022-05-01 $402,300 (25.8%) $550,957 (17.7%) 0.92 1,716
2022-06-01 $415,765 (24.3%) $539,349 (15.2%) 0.93 2,099
2022-07-01 $402,235 (21.9%) $530,202 (15.5%) 0.91 2,738
2022-08-01 $399,900 (18.0%) $517,392 (13.5%) 0.92 3,113
2022-09-01 $399,383 (16.6%) $505,566 (9.9%) 0.93 3,170
2022-10-01 $399,000 (14.0%) $507,154 (7.9%) 0.94 3,119
2022-11-01 $395,000 (12.9%) $502,744 (5.0%) 0.95 3,374
Deltona's median listing price for 2022-11-01 was $395,000, a difference of $45,100 (12.9%) versus the prior year and $-4,000 versus the prior month.

Deltona's median listing price comes in at 95% of the national average.

Deltona's average listing price for 2022-11-01 was $502,744, a difference of $23,925 (5.0%) versus the prior year and $-4,410 versus the prior month.

For the 2022-11-01 period, Deltona had 3,374 MLS listings, a difference of 255 listings (8%) versus the prior month and 1,456 listings (76%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Deltona (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 78 days 1,888 sqft
2018-02-01 73 days 1,864 sqft
2018-03-01 65 days 1,871 sqft
2018-04-01 66 days 1,866 sqft
2018-05-01 69 days 1,890 sqft
2018-06-01 72 days 1,895 sqft
2018-07-01 75 days 1,880 sqft
2018-08-01 75 days 1,872 sqft
2018-09-01 72 days 1,860 sqft
2018-10-01 71 days 1,860 sqft
2018-11-01 72 days 1,863 sqft
2018-12-01 78 days 1,859 sqft
2019-01-01 82 days 1,832 sqft
2019-02-01 80 days 1,841 sqft
2019-03-01 76 days 1,844 sqft
2019-04-01 75 days 1,845 sqft
2019-05-01 76 days 1,811 sqft
2019-06-01 76 days 1,815 sqft
2019-07-01 76 days 1,807 sqft
2019-08-01 76 days 1,806 sqft
2019-09-01 78 days 1,804 sqft
2019-10-01 80 days 1,802 sqft
2019-11-01 74 days 1,789 sqft
2019-12-01 77 days 1,785 sqft
2020-01-01 81 days 1,760 sqft
2020-02-01 73 days 1,765 sqft
2020-03-01 64 days 1,755 sqft
2020-04-01 70 days 1,728 sqft
2020-05-01 80 days 1,724 sqft
2020-06-01 92 days 1,732 sqft
2020-07-01 80 days 1,751 sqft
2020-08-01 72 days 1,731 sqft
2020-09-01 62 days 1,760 sqft
2020-10-01 56 days 1,774 sqft
2020-11-01 57 days 1,753 sqft
2020-12-01 61 days 1,718 sqft
2021-01-01 65 days 1,714 sqft
2021-02-01 48 days 1,714 sqft
2021-03-01 46 days 1,722 sqft
2021-04-01 39 days 1,727 sqft
2021-05-01 35 days 1,702 sqft
2021-06-01 32 days 1,713 sqft
2021-07-01 32 days 1,700 sqft
2021-08-01 36 days 1,696 sqft
2021-09-01 38 days 1,681 sqft
2021-10-01 42 days 1,702 sqft
2021-11-01 44 days 1,697 sqft
2021-12-01 53 days 1,689 sqft
2022-01-01 47 days 1,680 sqft
2022-02-01 34 days 1,683 sqft
2022-03-01 32 days 1,693 sqft
2022-04-01 30 days 1,724 sqft
2022-05-01 29 days 1,728 sqft
2022-06-01 30 days 1,753 sqft
2022-07-01 32 days 1,723 sqft
2022-08-01 39 days 1,709 sqft
2022-09-01 49 days 1,717 sqft
2022-10-01 60 days 1,724 sqft
2022-11-01 63 days 1,728 sqft
Deltona's median listing age (time on market) for 2022-11-01 was 63 days. This is 43% longer than the same period one year ago.

Deltona's median square footage for active listings during the 2022-11-01 period was 1,728 sqft. One year prior, the average listing was 1,697 sqft.