Deltona USDA Loan Rates, Closing Costs & Stats

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL

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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.

    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.