El Centro USDA Loan Rates, Closing Costs & Stats

EL CENTRO, CA

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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.

    El Centro's 5 lenders originated 14 USDA loans during 2024. The total origination value was $4,470,000, with an average USDA loan value of $319,286.

    El Centro USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in El Centro averaged -0.12% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

    El Centro's average USDA mortgage closing costs are $8,969.

    The average rate for the prior week (2025-06-27) was 6.62% and one month ago for the week of 2025-05-30, the average rate was 6.4%.

    The average rate one year ago was 6.6%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.52%.

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

    El Centro 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 El Centro level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 3 6.13% $15,087
    UNITED WHOLESALE MORTGAGE, LLC 2 6.00% $7,282
    Equity Prime Mortgage LLC 1 6.75% $12,386
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.13% $14,769
    ML Mortgage Corp. 1 6.25% $12,460

    The top El Centro USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 3 USDA loans originated. Their average total fees are $15,087, which is $7,804 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - El Centro (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 $238,700 (-4.3%) $249,643 (-0.2%) 0.00 237
    2018-02-01 $239,950 (-2.5%) $248,504 (0.1%) 0.00 243
    2018-03-01 $239,900 (1.5%) $244,073 (-1.7%) 0.00 242
    2018-04-01 $244,950 (0.8%) $249,089 (-0.6%) 0.00 238
    2018-05-01 $241,750 (-4.1%) $245,165 (-5.3%) 0.00 251
    2018-06-01 $240,000 (-4.8%) $244,761 (-4.0%) 0.00 241
    2018-07-01 $240,975 (-5.5%) $246,318 (-3.3%) 0.00 248
    2018-08-01 $247,475 (-3.8%) $251,557 (-1.0%) 0.00 241
    2018-09-01 $256,000 (0.4%) $252,601 (0.5%) 0.00 265
    2018-10-01 $258,160 (2.9%) $251,016 (-0.8%) 0.00 262
    2018-11-01 $249,000 (0.5%) $248,258 (-1.0%) 0.00 260
    2018-12-01 $249,000 (3.8%) $247,185 (-1.7%) 0.00 242
    2019-01-01 $248,000 (3.9%) $244,555 (-2.0%) 0.00 224
    2019-02-01 $241,250 (0.5%) $241,688 (-2.7%) 0.00 232
    2019-03-01 $241,500 (0.7%) $241,708 (-1.0%) 0.00 216
    2019-04-01 $242,000 (-1.2%) $240,689 (-3.4%) 0.00 211
    2019-05-01 $259,933 (7.5%) $255,069 (4.0%) 0.00 198
    2019-06-01 $269,995 (12.5%) $274,995 (12.4%) 0.00 191
    2019-07-01 $261,725 (8.6%) $273,732 (11.1%) 0.00 170
    2019-08-01 $254,704 (2.9%) $272,460 (8.3%) 0.00 168
    2019-09-01 $254,260 (-0.7%) $268,897 (6.5%) 0.00 166
    2019-10-01 $253,964 (-1.6%) $266,521 (6.2%) 0.00 168
    2019-11-01 $259,700 (4.3%) $278,483 (12.2%) 0.00 177
    2019-12-01 $269,700 (8.3%) $284,497 (15.1%) 0.00 178
    2020-01-01 $262,475 (5.8%) $271,866 (11.2%) 0.00 180
    2020-02-01 $254,990 (5.7%) $270,577 (12.0%) 0.00 182
    2020-03-01 $261,400 (8.2%) $274,362 (13.5%) 0.00 164
    2020-04-01 $259,900 (7.4%) $273,257 (13.5%) 0.00 164
    2020-05-01 $255,000 (-1.9%) $268,424 (5.2%) 0.00 141
    2020-06-01 $249,950 (-7.4%) $265,199 (-3.6%) 0.00 132
    2020-07-01 $250,000 (-4.5%) $266,961 (-2.5%) 0.00 115
    2020-08-01 $249,900 (-1.9%) $261,151 (-4.2%) 0.00 112
    2020-09-01 $239,925 (-5.6%) $254,723 (-5.3%) 0.00 112
    2020-10-01 $239,900 (-5.5%) $288,578 (8.3%) 0.00 108
    2020-11-01 $264,723 (1.9%) $304,545 (9.4%) 0.00 112
    2020-12-01 $238,175 (-11.7%) $301,338 (5.9%) 0.00 106
    2021-01-01 $239,900 (-8.6%) $314,771 (15.8%) 0.00 97
    2021-02-01 $234,900 (-7.9%) $322,005 (19.0%) 0.00 70
    2021-03-01 $237,200 (-9.3%) $336,158 (22.5%) 0.00 69
    2021-04-01 $282,500 (8.7%) $351,280 (28.6%) 0.00 75
    2021-05-01 $280,000 (9.8%) $334,692 (24.7%) 0.00 73
    2021-06-01 $292,000 (16.8%) $345,539 (30.3%) 0.00 69
    2021-07-01 $280,000 (12.0%) $336,701 (26.1%) 0.00 85
    2021-08-01 $283,750 (13.6%) $327,634 (25.5%) 0.00 99
    2021-09-01 $276,000 (15.0%) $324,671 (27.5%) 0.00 100
    2021-10-01 $265,000 (10.5%) $320,808 (11.2%) 0.00 91
    2021-11-01 $274,875 (3.8%) $325,575 (6.9%) 0.00 93
    2021-12-01 $297,225 (24.8%) $338,165 (12.2%) 0.00 81
    2022-01-01 $274,850 (14.6%) $300,571 (-4.5%) 0.00 61
    2022-02-01 $289,000 (23.0%) $311,928 (-3.1%) 0.00 67
    2022-03-01 $329,000 (38.7%) $336,029 (0.0%) 0.00 70
    2022-04-01 $329,000 (16.5%) $335,972 (-4.4%) 0.00 79
    2022-05-01 $329,000 (17.5%) $327,937 (-2.0%) 0.00 75
    2022-06-01 $329,000 (12.7%) $334,826 (-3.1%) 0.00 90
    2022-07-01 $359,900 (28.5%) $369,062 (9.6%) 0.00 112
    2022-08-01 $359,900 (26.8%) $371,451 (13.4%) 0.00 144
    2022-09-01 $359,900 (30.4%) $376,257 (15.9%) 0.00 151
    2022-10-01 $350,000 (32.1%) $371,226 (15.7%) 0.00 174
    2022-11-01 $342,975 (24.8%) $353,394 (8.5%) 0.00 192
    2022-12-01 $335,000 (12.7%) $351,511 (4.0%) 0.00 185
    2023-01-01 $344,675 (25.4%) $358,965 (19.4%) 0.00 160
    2023-02-01 $349,000 (20.8%) $361,727 (16.0%) 0.00 127
    2023-03-01 $345,975 (5.2%) $362,487 (7.9%) 0.00 117
    2023-04-01 $354,950 (7.9%) $368,541 (9.7%) 0.00 105
    2023-05-01 $359,900 (9.4%) $375,673 (14.6%) 0.00 104
    2023-06-01 $359,925 (9.4%) $382,376 (14.2%) 0.00 98
    2023-07-01 $359,900 (0.0%) $380,881 (3.2%) 0.00 98
    2023-08-01 $359,970 (0.0%) $368,001 (-0.9%) 0.00 109
    2023-09-01 $359,900 (0.0%) $368,636 (-2.0%) 0.00 108
    2023-10-01 $358,675 (2.5%) $371,120 (0.0%) 0.00 121
    2023-11-01 $348,000 (1.5%) $360,024 (1.9%) 0.00 124
    2023-12-01 $357,450 (6.7%) $368,605 (4.9%) 0.00 112
    2024-01-01 $353,750 (2.6%) $367,351 (2.3%) 0.00 103
    2024-02-01 $359,900 (3.1%) $375,088 (3.7%) 0.00 115
    2024-03-01 $359,900 (4.0%) $374,790 (3.4%) 0.00 99
    2024-04-01 $359,900 (1.4%) $380,262 (3.2%) 0.00 104
    2024-05-01 $359,900 (0.0%) $380,283 (1.2%) 0.00 112
    2024-06-01 $359,900 (0.0%) $382,613 (0.1%) 0.00 104
    2024-07-01 $371,500 (3.2%) $398,280 (4.6%) 0.00 108
    2024-08-01 $385,000 (7.0%) $414,619 (12.7%) 0.00 117
    2024-09-01 $360,975 (0.3%) $397,268 (7.8%) 0.00 127
    2024-10-01 $356,175 (-0.7%) $380,033 (2.4%) 0.00 140
    2024-11-01 $354,900 (2.0%) $382,189 (6.2%) 0.00 145
    2024-12-01 $379,117 (6.1%) $409,040 (11.0%) 0.00 155
    2025-01-01 $383,750 (8.5%) $414,966 (13.0%) 0.00 151
    2025-02-01 $389,950 (8.4%) $496,783 (32.4%) 0.00 163
    2025-03-01 $375,000 (4.2%) $494,130 (31.8%) 0.00 169
    2025-04-01 $375,000 (4.2%) $487,640 (28.2%) 0.00 170
    2025-05-01 $375,000 (4.2%) $491,344 (29.2%) 0.00 166
    El Centro's median listing price for 2025-05-01 was $375,000, a difference of $15,100 (4.2%) versus the prior year and $0 versus the prior month.

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

    El Centro's average listing price for 2025-05-01 was $491,344, a difference of $111,061 (29.2%) versus the prior year and $3,704 versus the prior month.

    For the 2025-05-01 period, El Centro had 166 MLS listings, a difference of -4 listings (-2%) versus the prior month and 54 listings (48%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - El Centro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,706 sqft
    2018-02-01 0 days 1,685 sqft
    2018-03-01 0 days 1,690 sqft
    2018-04-01 0 days 1,712 sqft
    2018-05-01 0 days 1,685 sqft
    2018-06-01 0 days 1,630 sqft
    2018-07-01 0 days 1,618 sqft
    2018-08-01 0 days 1,730 sqft
    2018-09-01 0 days 1,733 sqft
    2018-10-01 0 days 1,703 sqft
    2018-11-01 0 days 1,669 sqft
    2018-12-01 0 days 1,630 sqft
    2019-01-01 0 days 1,647 sqft
    2019-02-01 0 days 1,608 sqft
    2019-03-01 0 days 1,573 sqft
    2019-04-01 0 days 1,597 sqft
    2019-05-01 0 days 1,699 sqft
    2019-06-01 0 days 1,771 sqft
    2019-07-01 0 days 1,705 sqft
    2019-08-01 0 days 1,625 sqft
    2019-09-01 0 days 1,611 sqft
    2019-10-01 0 days 1,600 sqft
    2019-11-01 0 days 1,631 sqft
    2019-12-01 0 days 1,673 sqft
    2020-01-01 0 days 1,607 sqft
    2020-02-01 0 days 1,614 sqft
    2020-03-01 0 days 1,661 sqft
    2020-04-01 0 days 1,615 sqft
    2020-05-01 0 days 1,578 sqft
    2020-06-01 0 days 1,560 sqft
    2020-07-01 0 days 1,576 sqft
    2020-08-01 0 days 1,560 sqft
    2020-09-01 0 days 1,562 sqft
    2020-10-01 0 days 1,560 sqft
    2020-11-01 0 days 1,688 sqft
    2020-12-01 0 days 1,560 sqft
    2021-01-01 0 days 1,569 sqft
    2021-02-01 0 days 1,560 sqft
    2021-03-01 0 days 1,560 sqft
    2021-04-01 0 days 1,693 sqft
    2021-05-01 0 days 1,695 sqft
    2021-06-01 0 days 1,695 sqft
    2021-07-01 0 days 1,695 sqft
    2021-08-01 0 days 1,677 sqft
    2021-09-01 0 days 1,601 sqft
    2021-10-01 0 days 1,600 sqft
    2021-11-01 0 days 1,592 sqft
    2021-12-01 0 days 1,656 sqft
    2022-01-01 0 days 1,556 sqft
    2022-02-01 0 days 1,560 sqft
    2022-03-01 0 days 1,570 sqft
    2022-04-01 0 days 1,596 sqft
    2022-05-01 0 days 1,560 sqft
    2022-06-01 0 days 1,591 sqft
    2022-07-01 0 days 1,690 sqft
    2022-08-01 0 days 1,693 sqft
    2022-09-01 0 days 1,695 sqft
    2022-10-01 0 days 1,671 sqft
    2022-11-01 0 days 1,596 sqft
    2022-12-01 0 days 1,638 sqft
    2023-01-01 0 days 1,646 sqft
    2023-02-01 0 days 1,669 sqft
    2023-03-01 0 days 1,694 sqft
    2023-04-01 0 days 1,695 sqft
    2023-05-01 0 days 1,695 sqft
    2023-06-01 0 days 1,695 sqft
    2023-07-01 0 days 1,695 sqft
    2023-08-01 0 days 1,695 sqft
    2023-09-01 0 days 1,695 sqft
    2023-10-01 0 days 1,632 sqft
    2023-11-01 0 days 1,562 sqft
    2023-12-01 0 days 1,560 sqft
    2024-01-01 0 days 1,555 sqft
    2024-02-01 0 days 1,560 sqft
    2024-03-01 0 days 1,600 sqft
    2024-04-01 0 days 1,598 sqft
    2024-05-01 0 days 1,568 sqft
    2024-06-01 0 days 1,580 sqft
    2024-07-01 0 days 1,628 sqft
    2024-08-01 0 days 1,673 sqft
    2024-09-01 0 days 1,599 sqft
    2024-10-01 0 days 1,548 sqft
    2024-11-01 0 days 1,485 sqft
    2024-12-01 0 days 1,578 sqft
    2025-01-01 0 days 1,573 sqft
    2025-02-01 0 days 1,633 sqft
    2025-03-01 0 days 1,563 sqft
    2025-04-01 0 days 1,595 sqft
    2025-05-01 0 days 1,572 sqft
    El Centro's median listing age (time on market) for 2025-05-01 was 0 days.

    El Centro's median square footage for active listings during the 2025-05-01 period was 1,572 sqft. One year prior, the average listing was 1,568 sqft.