Fort Collins USDA Loan Rates, Closing Costs & Stats

FORT COLLINS, CO

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.

Fort Collins's 18 lenders originated 63 USDA loans during 2021. The total origination value was $26,555,000, with an average USDA loan value of $421,508.

Fort Collins USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Fort Collins averaged 0.05% for the week of 2022-11-25, compared to the national average (all USDA variants) of 0% for the same period.

Fort Collins's average USDA mortgage closing costs are $7,266.

The average rate for the prior week (2022-11-18) was 6.4% and one month ago for the week of 2022-10-21, the average rate was 6.71%.

The average rate one year ago was 3.35%.

For refis of the same type during the week of 2022-11-25, the average rate was -0.4%.

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

Fort Collins 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 Fort Collins level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Financial Funding Solutions, Inc. 8 2.78% $8,337
CORNERSTONE HOME LENDING, INC. 4 3.06% $8,564
DHI MORTGAGE COMPANY, LTD. 4 2.56% $7,662
LOANDEPOT.COM, LLC 4 2.97% $10,603
CHERRY CREEK MORTGAGE, LLC 2 3.00% $4,771
Loan Simple, Inc. 2 2.31% $6,383
HOME POINT FINANCIAL CORPORATION 2 2.44% $6,468
PARTNERS UNITED FINANCIAL, LLC 1 2.99% $6,747
PENNYMAC LOAN SERVICES, LLC 1 3.38% $6,523
Plains Commerce Bank 1 2.38% $8,184
BOKF 1 2.75% $6,307
UNITED WHOLESALE MORTGAGE, LLC 1 2.58% $6,135
BROKER SOLUTIONS, INC. 1 2.25% $6,481
CALIBER HOME LOANS, INC. 1 2.88% $8,235
Flagstar Bank, FSB 1 2.75% $8,407
GUARANTEED RATE, INC. 1 2.88% $6,748
GUILD MORTGAGE COMPANY 1 2.50% $7,345
NBH Bank 1 2.88% $5,408

The top Fort Collins USDA lender as defined by loan originations is Financial Funding Solutions, Inc., with 8 USDA loans originated. Their average total fees are $8,337, which is $226 lower than the next largest lender, CORNERSTONE HOME LENDING, INC..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Fort Collins (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 $469,950 (6.8%) $578,888 (4.6%) 1.74 827
2018-02-01 $473,815 (5.5%) $593,376 (4.9%) 1.72 811
2018-03-01 $480,599 (6.8%) $616,341 (9.5%) 1.69 860
2018-04-01 $490,950 (9.1%) $620,647 (12.1%) 1.66 905
2018-05-01 $491,300 (8.0%) $616,956 (10.4%) 1.64 1,057
2018-06-01 $481,675 (4.8%) $610,129 (6.6%) 1.61 1,157
2018-07-01 $481,995 (5.4%) $603,782 (4.7%) 1.61 1,261
2018-08-01 $466,950 (3.8%) $588,113 (2.9%) 1.56 1,326
2018-09-01 $464,950 (3.3%) $586,529 (3.1%) 1.56 1,348
2018-10-01 $452,145 (-0.7%) $577,143 (0.7%) 1.53 1,295
2018-11-01 $449,000 (-2.1%) $569,146 (0.2%) 1.52 1,255
2018-12-01 $439,990 (-5.4%) $560,305 (-2.9%) 1.52 1,128
2019-01-01 $439,498 (-6.5%) $553,836 (-4.3%) 1.52 1,044
2019-02-01 $441,050 (-6.9%) $553,336 (-6.8%) 1.49 1,041
2019-03-01 $445,909 (-7.2%) $562,286 (-8.8%) 1.46 1,023
2019-04-01 $451,200 (-8.1%) $571,431 (-7.9%) 1.43 1,037
2019-05-01 $452,450 (-7.9%) $573,634 (-7.0%) 1.41 1,164
2019-06-01 $443,500 (-7.9%) $558,043 (-8.5%) 1.39 1,383
2019-07-01 $437,583 (-9.2%) $558,217 (-7.6%) 1.37 1,538
2019-08-01 $433,713 (-7.1%) $554,145 (-5.8%) 1.37 1,512
2019-09-01 $431,782 (-7.1%) $551,921 (-5.9%) 1.38 1,473
2019-10-01 $430,495 (-4.8%) $551,339 (-4.5%) 1.39 1,427
2019-11-01 $430,582 (-4.1%) $552,145 (-3.0%) 1.41 1,306
2019-12-01 $433,127 (-1.6%) $552,936 (-1.3%) 1.44 1,130
2020-01-01 $439,239 (-0.1%) $565,516 (2.1%) 1.47 1,011
2020-02-01 $449,900 (2.0%) $571,032 (3.2%) 1.47 967
2020-03-01 $452,000 (1.4%) $575,731 (2.4%) 1.42 976
2020-04-01 $452,000 (0.2%) $585,088 (2.4%) 1.42 1,125
2020-05-01 $460,000 (1.7%) $588,653 (2.6%) 1.40 1,289
2020-06-01 $472,326 (6.5%) $600,091 (7.5%) 1.39 1,214
2020-07-01 $469,900 (7.4%) $596,767 (6.9%) 1.36 1,147
2020-08-01 $469,900 (8.3%) $603,183 (8.9%) 1.35 1,030
2020-09-01 $465,127 (7.7%) $609,195 (10.4%) 1.33 924
2020-10-01 $474,999 (10.3%) $616,684 (11.9%) 1.36 798
2020-11-01 $473,750 (10.0%) $619,883 (12.3%) 1.38 732
2020-12-01 $475,027 (9.7%) $624,783 (13.0%) 1.41 651
2021-01-01 $476,663 (8.5%) $646,579 (14.3%) 1.42 492
2021-02-01 $494,575 (9.9%) $696,016 (21.9%) 1.44 434
2021-03-01 $516,986 (14.4%) $711,584 (23.6%) 1.47 378
2021-04-01 $499,950 (10.6%) $693,309 (18.5%) 1.35 380
2021-05-01 $545,000 (18.5%) $705,229 (19.8%) 1.44 380
2021-06-01 $532,500 (12.7%) $696,190 (16.0%) 1.40 476
2021-07-01 $549,000 (16.8%) $695,494 (16.5%) 1.45 555
2021-08-01 $544,425 (15.9%) $689,478 (14.3%) 1.45 601
2021-09-01 $544,225 (17.0%) $685,400 (12.5%) 1.45 591
2021-10-01 $552,690 (16.4%) $706,784 (14.6%) 1.47 545
2021-11-01 $562,261 (18.7%) $712,014 (14.9%) 1.50 432
2021-12-01 $511,133 (7.6%) $626,070 (0.2%) 1.39 979
2022-01-01 $600,258 (25.9%) $789,756 (22.1%) 1.62 263
2022-02-01 $597,925 (20.9%) $830,601 (19.3%) 1.56 227
2022-03-01 $608,648 (17.7%) $834,257 (17.2%) 1.52 245
2022-04-01 $600,000 (20.0%) $810,610 (16.9%) 1.43 326
2022-05-01 $624,440 (14.6%) $801,108 (13.6%) 1.43 504
2022-06-01 $627,450 (17.8%) $794,408 (14.1%) 1.40 670
2022-07-01 $636,500 (15.9%) $782,829 (12.6%) 1.44 828
2022-08-01 $636,000 (16.8%) $808,699 (17.3%) 1.47 839
2022-09-01 $620,900 (14.1%) $786,415 (14.7%) 1.45 882
2022-10-01 $610,000 (10.4%) $785,902 (11.2%) 1.44 896
Fort Collins's median listing price for 2022-10-01 was $610,000, a difference of $57,310 (10.4%) versus the prior year and $-10,900 versus the prior month.

Fort Collins's median listing price comes in at 144% of the national average.

Fort Collins's average listing price for 2022-10-01 was $785,902, a difference of $79,118 (11.2%) versus the prior year and $-513 versus the prior month.

For the 2022-10-01 period, Fort Collins had 896 MLS listings, a difference of 14 listings (2%) versus the prior month and 351 listings (64%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fort Collins (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 89 days 3,007 sqft
2018-02-01 68 days 2,977 sqft
2018-03-01 47 days 3,033 sqft
2018-04-01 43 days 3,004 sqft
2018-05-01 38 days 2,896 sqft
2018-06-01 37 days 2,840 sqft
2018-07-01 44 days 2,823 sqft
2018-08-01 47 days 2,793 sqft
2018-09-01 52 days 2,784 sqft
2018-10-01 57 days 2,743 sqft
2018-11-01 59 days 2,735 sqft
2018-12-01 72 days 2,698 sqft
2019-01-01 71 days 2,606 sqft
2019-02-01 59 days 2,663 sqft
2019-03-01 50 days 2,687 sqft
2019-04-01 45 days 2,756 sqft
2019-05-01 38 days 2,796 sqft
2019-06-01 38 days 2,696 sqft
2019-07-01 41 days 2,684 sqft
2019-08-01 48 days 2,606 sqft
2019-09-01 54 days 2,595 sqft
2019-10-01 58 days 2,588 sqft
2019-11-01 63 days 2,590 sqft
2019-12-01 82 days 2,660 sqft
2020-01-01 83 days 2,659 sqft
2020-02-01 74 days 2,693 sqft
2020-03-01 53 days 2,694 sqft
2020-04-01 52 days 2,690 sqft
2020-05-01 53 days 2,738 sqft
2020-06-01 51 days 2,745 sqft
2020-07-01 53 days 2,730 sqft
2020-08-01 57 days 2,720 sqft
2020-09-01 60 days 2,642 sqft
2020-10-01 61 days 2,580 sqft
2020-11-01 68 days 2,517 sqft
2020-12-01 82 days 2,518 sqft
2021-01-01 87 days 2,490 sqft
2021-02-01 56 days 2,485 sqft
2021-03-01 61 days 2,529 sqft
2021-04-01 54 days 2,417 sqft
2021-05-01 40 days 2,533 sqft
2021-06-01 31 days 2,474 sqft
2021-07-01 38 days 2,489 sqft
2021-08-01 37 days 2,472 sqft
2021-09-01 37 days 2,480 sqft
2021-10-01 39 days 2,452 sqft
2021-11-01 45 days 2,490 sqft
2021-12-01 61 days 2,396 sqft
2022-01-01 53 days 2,575 sqft
2022-02-01 32 days 2,457 sqft
2022-03-01 28 days 2,523 sqft
2022-04-01 19 days 2,526 sqft
2022-05-01 18 days 2,516 sqft
2022-06-01 23 days 2,609 sqft
2022-07-01 28 days 2,649 sqft
2022-08-01 37 days 2,648 sqft
2022-09-01 40 days 2,568 sqft
2022-10-01 44 days 2,601 sqft
Fort Collins's median listing age (time on market) for 2022-10-01 was 44 days. This is 13% longer than the same period one year ago.

Fort Collins's median square footage for active listings during the 2022-10-01 period was 2,601 sqft. One year prior, the average listing was 2,452 sqft.