Flint USDA Loan Rates, Closing Costs & Stats

FLINT, MI

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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.

    Flint's 25 lenders originated 69 USDA loans during 2024. The total origination value was $13,825,000, with an average USDA loan value of $200,362.

    Flint USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Flint averaged 6.54% for the week of 2025-07-11, compared to the national average (all USDA variants) of 6.449% for the same period.

    Flint's average USDA mortgage closing costs are $5,301.

    The average rate for the prior week (2025-07-04) was 6.75% and one month ago for the week of 2025-06-06, the average rate was 6.85%.

    The average rate one year ago was 6.93%.

    For refis of the same type during the week of 2025-07-11, the average rate was 6.23%.

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

    Flint 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 Flint level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    J. VIRGIL, INC. 21 6.76% $6,493
    BLG HOLDINGS, INC. 8 6.73% $7,399
    Preston Home Loans Inc 7 6.86% $7,839
    UNITED WHOLESALE MORTGAGE, LLC 5 6.05% $7,502
    DAS Acquisition Company, LLC 3 7.08% $6,889
    TOWNE MORTGAGE COMPANY 3 6.13% $4,915
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.13% $4,845
    GUARANTEED RATE, INC. 1 6.25% $5,125
    MICHIGAN FIRST CREDIT UNION 1 5.63% $6,517
    MICHIGAN MUTUAL, INC. 1 6.63% $9,683
    MORTGAGE 1 INCORPORATED 1 6.63% $7,825
    NEWREZ LLC 1 6.75% $7,880
    PFCU 1 6.88% $4,904
    PLAZA HOME MORTGAGE, INC. 1 6.13% $5,261
    ROSS MORTGAGE CORPORATION 1 6.25% $7,112
    The Dart Bank 1 6.25% $5,651
    The Huntington National Bank 1 6.00% $6,253
    TOP FLITE FINANCIAL, INC. 1 6.63% $8,290
    UNION HOME MORTGAGE CORP. 1 6.13% $7,350
    University Bank 1 5.63% $7,477
    Century Mortgage Company DBA Century Lending Company 1 6.50% $5,521
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.00% $6,871
    EMM LOANS LLC 1 6.13% $7,983
    First Merchants Bank 1 6.63% $6,317
    Flagstar Bank, FSB 1 6.72% $5,650

    The top Flint USDA lender as defined by loan originations is J. VIRGIL, INC., with 21 USDA loans originated. Their average total fees are $6,493, which is $905 lower than the next largest lender, BLG HOLDINGS, INC..

    The lowest fee Flint USDA lenders (with over 10 loans originated) are J. VIRGIL, INC. ($6,493), .

    The lowest rate Flint USDA lenders (with over 10 loans originated) are J. VIRGIL, INC. (6.76%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Flint (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 $139,900 (16.7%) $190,980 (15.3%) 0.52 1,038
    2018-02-01 $148,700 (19.1%) $196,393 (16.1%) 0.54 972
    2018-03-01 $154,950 (24.0%) $203,516 (15.5%) 0.54 947
    2018-04-01 $167,450 (28.9%) $214,496 (15.4%) 0.57 957
    2018-05-01 $169,400 (21.1%) $217,028 (12.7%) 0.57 1,062
    2018-06-01 $169,400 (14.7%) $213,100 (8.5%) 0.56 1,124
    2018-07-01 $169,450 (13.0%) $210,973 (7.8%) 0.57 1,191
    2018-08-01 $165,500 (10.4%) $208,614 (7.5%) 0.55 1,346
    2018-09-01 $162,500 (8.4%) $206,408 (6.7%) 0.55 1,420
    2018-10-01 $159,000 (1.7%) $201,037 (1.4%) 0.54 1,415
    2018-11-01 $151,450 (1.0%) $195,462 (0.1%) 0.51 1,395
    2018-12-01 $144,900 (3.6%) $189,331 (-0.1%) 0.50 1,327
    2019-01-01 $144,400 (3.2%) $188,563 (-1.3%) 0.50 1,211
    2019-02-01 $148,150 (-0.4%) $191,966 (-2.3%) 0.50 1,108
    2019-03-01 $156,371 (0.9%) $202,158 (-0.7%) 0.51 1,060
    2019-04-01 $165,000 (-1.5%) $216,039 (0.7%) 0.52 1,020
    2019-05-01 $179,900 (6.2%) $227,924 (5.0%) 0.56 1,046
    2019-06-01 $179,900 (6.2%) $226,126 (6.1%) 0.56 1,187
    2019-07-01 $182,400 (7.6%) $228,361 (8.2%) 0.57 1,253
    2019-08-01 $180,809 (9.3%) $222,868 (6.8%) 0.57 1,292
    2019-09-01 $174,673 (7.5%) $213,651 (3.5%) 0.56 1,357
    2019-10-01 $169,450 (6.6%) $206,148 (2.5%) 0.55 1,404
    2019-11-01 $169,695 (12.1%) $210,201 (7.5%) 0.56 1,296
    2019-12-01 $165,245 (14.0%) $211,969 (12.0%) 0.55 1,197
    2020-01-01 $165,700 (14.8%) $214,832 (13.9%) 0.55 1,085
    2020-02-01 $168,950 (14.0%) $216,158 (12.6%) 0.55 1,005
    2020-03-01 $179,900 (15.1%) $225,460 (11.5%) 0.56 945
    2020-04-01 $182,240 (10.5%) $225,979 (4.6%) 0.57 876
    2020-05-01 $189,850 (5.5%) $233,125 (2.3%) 0.58 870
    2020-06-01 $197,375 (9.7%) $250,995 (11.0%) 0.58 762
    2020-07-01 $199,900 (9.6%) $261,541 (14.5%) 0.58 689
    2020-08-01 $209,900 (16.1%) $274,751 (23.3%) 0.60 667
    2020-09-01 $204,975 (17.4%) $268,386 (25.6%) 0.59 650
    2020-10-01 $199,900 (18.0%) $260,928 (26.6%) 0.57 626
    2020-11-01 $199,900 (17.8%) $262,430 (24.9%) 0.58 570
    2020-12-01 $189,950 (15.0%) $260,205 (22.8%) 0.56 526
    2021-01-01 $179,990 (8.6%) $258,324 (20.3%) 0.54 469
    2021-02-01 $175,000 (3.6%) $271,362 (25.5%) 0.51 405
    2021-03-01 $179,900 (0.0%) $261,576 (16.0%) 0.51 426
    2021-04-01 $179,900 (-1.3%) $260,140 (15.1%) 0.49 465
    2021-05-01 $185,000 (-2.6%) $255,205 (9.5%) 0.49 506
    2021-06-01 $192,500 (-2.5%) $257,043 (2.4%) 0.51 591
    2021-07-01 $199,900 (0.0%) $269,783 (3.2%) 0.53 651
    2021-08-01 $209,925 (0.0%) $264,262 (-3.8%) 0.56 735
    2021-09-01 $189,800 (-7.4%) $248,279 (-7.5%) 0.51 765
    2021-10-01 $189,900 (-5.0%) $252,047 (-3.4%) 0.51 789
    2021-11-01 $176,450 (-11.7%) $245,392 (-6.5%) 0.47 734
    2021-12-01 $174,900 (-7.9%) $244,484 (-6.0%) 0.47 656
    2022-01-01 $172,400 (-4.2%) $241,668 (-6.5%) 0.47 598
    2022-02-01 $175,950 (0.5%) $258,750 (-4.7%) 0.46 539
    2022-03-01 $199,950 (11.2%) $262,465 (0.3%) 0.50 553
    2022-04-01 $214,950 (19.5%) $267,178 (2.7%) 0.51 575
    2022-05-01 $219,900 (18.9%) $276,155 (8.2%) 0.50 645
    2022-06-01 $234,975 (22.1%) $287,652 (11.9%) 0.52 726
    2022-07-01 $220,000 (10.1%) $275,275 (2.0%) 0.50 959
    2022-08-01 $219,900 (4.8%) $266,990 (1.0%) 0.51 1,025
    2022-09-01 $214,900 (13.2%) $266,044 (7.2%) 0.50 1,007
    2022-10-01 $209,900 (10.5%) $259,385 (2.9%) 0.49 1,046
    2022-11-01 $198,475 (12.5%) $251,224 (2.4%) 0.48 1,049
    2022-12-01 $185,000 (5.8%) $244,001 (-0.2%) 0.46 947
    2023-01-01 $181,950 (5.5%) $247,261 (2.3%) 0.45 821
    2023-02-01 $189,338 (7.6%) $257,628 (-0.4%) 0.46 746
    2023-03-01 $181,975 (-9.0%) $253,016 (-3.6%) 0.43 662
    2023-04-01 $184,250 (-14.3%) $258,197 (-3.4%) 0.43 614
    2023-05-01 $184,675 (-16.0%) $258,683 (-6.3%) 0.42 637
    2023-06-01 $179,450 (-23.6%) $261,576 (-9.1%) 0.40 649
    2023-07-01 $206,200 (-6.3%) $268,414 (-2.5%) 0.47 654
    2023-08-01 $209,925 (-4.5%) $260,099 (-2.6%) 0.48 742
    2023-09-01 $199,900 (-7.0%) $254,818 (-4.2%) 0.47 794
    2023-10-01 $192,000 (-8.5%) $252,667 (-2.6%) 0.45 829
    2023-11-01 $199,900 (0.7%) $254,377 (1.3%) 0.48 827
    2023-12-01 $198,900 (7.5%) $249,611 (2.3%) 0.49 804
    2024-01-01 $192,425 (5.8%) $251,190 (1.6%) 0.47 711
    2024-02-01 $194,900 (2.9%) $255,432 (-0.9%) 0.47 648
    2024-03-01 $189,997 (4.4%) $253,860 (0.3%) 0.45 635
    2024-04-01 $202,500 (9.9%) $258,529 (0.1%) 0.47 645
    2024-05-01 $199,950 (8.3%) $264,769 (2.4%) 0.45 716
    2024-06-01 $199,900 (11.4%) $256,941 (-1.8%) 0.45 801
    2024-07-01 $199,500 (-3.3%) $259,088 (-3.5%) 0.46 851
    2024-08-01 $200,000 (-4.7%) $254,484 (-2.2%) 0.47 897
    2024-09-01 $192,425 (-3.7%) $237,906 (-6.6%) 0.45 928
    2024-10-01 $184,950 (-3.7%) $228,770 (-9.5%) 0.44 962
    2024-11-01 $174,900 (-12.5%) $224,443 (-11.8%) 0.42 1,040
    2024-12-01 $159,900 (-19.6%) $222,615 (-10.8%) 0.40 983
    2025-01-01 $157,198 (-18.3%) $217,411 (-13.5%) 0.39 880
    2025-02-01 $149,400 (-23.4%) $210,170 (-17.7%) 0.36 815
    2025-03-01 $149,900 (-21.1%) $221,243 (-12.9%) 0.35 775
    2025-04-01 $159,475 (-21.3%) $242,588 (-6.2%) 0.37 762
    2025-05-01 $189,000 (-5.5%) $260,229 (-1.7%) 0.43 815
    2025-06-01 $193,725 (-3.1%) $262,913 (2.3%) 0.44 915
    Flint's median listing price for 2025-06-01 was $193,725, a difference of $-6,175 (-3.1%) versus the prior year and $4,725 versus the prior month.

    Flint's median listing price comes in at 44% of the national average.

    Flint's average listing price for 2025-06-01 was $262,913, a difference of $5,972 (2.3%) versus the prior year and $2,684 versus the prior month.

    For the 2025-06-01 period, Flint had 915 MLS listings, a difference of 100 listings (12%) versus the prior month and 114 listings (14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Flint (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 74 days 1,511 sqft
    2018-02-01 67 days 1,551 sqft
    2018-03-01 60 days 1,566 sqft
    2018-04-01 48 days 1,614 sqft
    2018-05-01 39 days 1,624 sqft
    2018-06-01 38 days 1,601 sqft
    2018-07-01 43 days 1,608 sqft
    2018-08-01 40 days 1,606 sqft
    2018-09-01 47 days 1,600 sqft
    2018-10-01 51 days 1,586 sqft
    2018-11-01 55 days 1,550 sqft
    2018-12-01 63 days 1,501 sqft
    2019-01-01 73 days 1,499 sqft
    2019-02-01 69 days 1,500 sqft
    2019-03-01 56 days 1,540 sqft
    2019-04-01 46 days 1,576 sqft
    2019-05-01 43 days 1,601 sqft
    2019-06-01 38 days 1,614 sqft
    2019-07-01 43 days 1,627 sqft
    2019-08-01 46 days 1,613 sqft
    2019-09-01 49 days 1,593 sqft
    2019-10-01 51 days 1,569 sqft
    2019-11-01 59 days 1,561 sqft
    2019-12-01 67 days 1,579 sqft
    2020-01-01 79 days 1,599 sqft
    2020-02-01 72 days 1,600 sqft
    2020-03-01 53 days 1,621 sqft
    2020-04-01 67 days 1,623 sqft
    2020-05-01 72 days 1,618 sqft
    2020-06-01 40 days 1,676 sqft
    2020-07-01 39 days 1,708 sqft
    2020-08-01 33 days 1,766 sqft
    2020-09-01 32 days 1,700 sqft
    2020-10-01 31 days 1,691 sqft
    2020-11-01 39 days 1,692 sqft
    2020-12-01 45 days 1,603 sqft
    2021-01-01 41 days 1,521 sqft
    2021-02-01 34 days 1,457 sqft
    2021-03-01 30 days 1,465 sqft
    2021-04-01 25 days 1,462 sqft
    2021-05-01 26 days 1,481 sqft
    2021-06-01 26 days 1,500 sqft
    2021-07-01 25 days 1,576 sqft
    2021-08-01 29 days 1,494 sqft
    2021-09-01 33 days 1,448 sqft
    2021-10-01 36 days 1,478 sqft
    2021-11-01 45 days 1,419 sqft
    2021-12-01 51 days 1,422 sqft
    2022-01-01 52 days 1,418 sqft
    2022-02-01 41 days 1,434 sqft
    2022-03-01 29 days 1,451 sqft
    2022-04-01 32 days 1,451 sqft
    2022-05-01 31 days 1,495 sqft
    2022-06-01 31 days 1,537 sqft
    2022-07-01 29 days 1,536 sqft
    2022-08-01 39 days 1,546 sqft
    2022-09-01 46 days 1,544 sqft
    2022-10-01 45 days 1,516 sqft
    2022-11-01 48 days 1,469 sqft
    2022-12-01 59 days 1,420 sqft
    2023-01-01 68 days 1,400 sqft
    2023-02-01 65 days 1,428 sqft
    2023-03-01 50 days 1,395 sqft
    2023-04-01 40 days 1,400 sqft
    2023-05-01 31 days 1,435 sqft
    2023-06-01 33 days 1,406 sqft
    2023-07-01 37 days 1,450 sqft
    2023-08-01 35 days 1,450 sqft
    2023-09-01 44 days 1,450 sqft
    2023-10-01 43 days 1,425 sqft
    2023-11-01 45 days 1,424 sqft
    2023-12-01 53 days 1,376 sqft
    2024-01-01 61 days 1,343 sqft
    2024-02-01 59 days 1,341 sqft
    2024-03-01 53 days 1,347 sqft
    2024-04-01 46 days 1,421 sqft
    2024-05-01 38 days 1,385 sqft
    2024-06-01 40 days 1,390 sqft
    2024-07-01 41 days 1,379 sqft
    2024-08-01 43 days 1,400 sqft
    2024-09-01 45 days 1,362 sqft
    2024-10-01 48 days 1,347 sqft
    2024-11-01 52 days 1,320 sqft
    2024-12-01 58 days 1,284 sqft
    2025-01-01 66 days 1,280 sqft
    2025-02-01 73 days 1,266 sqft
    2025-03-01 58 days 1,262 sqft
    2025-04-01 52 days 1,274 sqft
    2025-05-01 45 days 1,317 sqft
    2025-06-01 43 days 1,338 sqft
    Flint's median listing age (time on market) for 2025-06-01 was 43 days. This is 7% longer than the same period one year ago.

    Flint's median square footage for active listings during the 2025-06-01 period was 1,338 sqft. One year prior, the average listing was 1,390 sqft.