Fort Worth USDA Loans

FORT WORTH-ARLINGTON-GRAPEVINE, TX

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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 Worth's 45 lenders originated 117 USDA loans during 2021. The total origination value was $28,005,000, with an average USDA loan value of $239,359.

    Fort Worth USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Fort Worth averaged 4.66% for the week of 2022-03-25, compared to the national average (all USDA variants) of 4.554% for the same period.

    The average rate for the prior week (2022-03-18) was 4.68% and one month ago for the week of 2022-02-18, the average rate was 4.39%.

    The average rate one year ago was 3.48%.

    For refis of the same type during the week of 2022-03-25, the average rate was 4.56%.

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

    Fort Worth USDA Loan Lenders by Rates & Fees

    The below table looks at the average fees and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Fort Worth level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    LOANDEPOT.COM, LLC 18 3.08% $6,965
    SFMC, LP 7 2.98% $7,982
    MORTGAGE FINANCIAL SERVICES, LLC 7 2.71% $6,911
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 6 3.29% $7,142
    Paramount Residential Mortgage Group, Inc. 5 3.33% $9,936
    CALCON MUTUAL MORTGAGE LLC 4 3.13% $7,442
    AMCAP MORTGAGE, LTD. 3 2.71% $10,182
    EUSTIS AND AMERICAN MORTGAGE COMPANY 3 3.04% $7,451
    GUILD MORTGAGE COMPANY 3 3.29% $7,607
    MID AMERICA MORTGAGE, INC. 3 3.46% $7,013
    NATIONS RELIABLE LENDING, LLC 3 2.96% $7,055
    OPEN MORTGAGE, LLC 3 2.75% $7,476
    Waterstone Mortgage Corporation 3 3.38% $8,527
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.50% $9,822
    First Bank & Trust 2 2.50% $6,882
    First United Bank and Trust Company 2 3.50% $5,951
    SECURITYNATIONAL MORTGAGE COMPANY 2 3.13% $8,445
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 3.06% $6,360
    Assurance Financial Group, L.L.C. 2 2.69% $6,476
    CALIBER HOME LOANS, INC. 2 3.31% $7,651
    Trinity Oaks Mortgage, LLC 2 3.06% $8,790
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.25% $8,488
    Colten Mortgage, LLC 2 2.38% $4,835
    DRAPER AND KRAMER MORTGAGE CORP. 2 3.00% $8,934
    Republic State Mortgage Co. 2 2.81% $7,118
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.88% $8,840
    Independent Bank 1 3.50% $6,645
    INTERLINC MORTGAGE SERVICES, LLC 1 3.25% $7,147
    LAKEVIEW LOAN SERVICING, LLC 1 3.13% $3,248
    Carrington Mortgage Services, LLC 1 2.50% $5,694
    RELIANCE FIRST CAPITAL, LLC 1 2.63% $4,130
    CHERRY CREEK MORTGAGE, LLC 1 2.38% $3,670
    MOUNTAIN WEST FINANCIAL, INC. 1 2.63% $6,259
    MOVEMENT MORTGAGE, LLC 1 3.00% $7,353
    FINANCE OF AMERICA MORTGAGE LLC 1 3.75% $7,383
    First Bank 1 2.63% $7,307
    SWBC MORTGAGE CORPORATION 1 3.25% $8,119
    FIRST CENTENNIAL MORTGAGE CORPORATION 1 2.88% $7,671
    First Financial Bank 1 2.50% $7,198
    First Guaranty Mortgage Corporation 1 3.25% $7,179
    CHURCHILL MORTGAGE CORPORATION 1 2.75% $7,063
    FLAT BRANCH MORTGAGE, INC. 1 2.63% $13,768
    GUARANTEED RATE, INC. 1 3.25% $7,196
    BBVA USA 1 2.75% $8,447
    COUNTRYPLACE MORTGAGE, LTD. 1 3.25% $17,088

    The top Fort Worth USDA lender as defined by loan originations is LOANDEPOT.COM, LLC, with 18 USDA loans originated. Their average total fees are $6,965, which is $1,017 lower than the next largest lender, SFMC, LP.

    The lowest fee Fort Worth USDA lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC ($6,965), .

    The lowest rate Fort Worth USDA lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (3.08%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fort Worth (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 $351,878 (0.5%) $495,654 (-1.6%) 1.30 14,408
    2018-02-01 $367,586 (1.5%) $519,017 (0.1%) 1.33 14,403
    2018-03-01 $370,000 (0.1%) $526,908 (-1.7%) 1.28 15,331
    2018-04-01 $376,369 (-0.7%) $536,251 (-2.1%) 1.26 16,677
    2018-05-01 $384,950 (1.6%) $543,991 (-1.0%) 1.28 18,262
    2018-06-01 $374,900 (0.0%) $525,365 (-2.4%) 1.25 20,224
    2018-07-01 $366,250 (0.2%) $511,223 (-1.9%) 1.22 22,140
    2018-08-01 $349,950 (-1.7%) $485,936 (-2.3%) 1.17 22,475
    2018-09-01 $345,000 (-1.4%) $482,649 (-2.7%) 1.15 22,382
    2018-10-01 $342,520 (-2.1%) $481,161 (-3.4%) 1.15 22,509
    2018-11-01 $340,000 (-2.9%) $482,594 (-2.6%) 1.14 22,084
    2018-12-01 $339,000 (-3.1%) $476,066 (-3.1%) 1.16 20,347
    2019-01-01 $338,000 (-3.9%) $470,639 (-5.1%) 1.17 18,975
    2019-02-01 $344,738 (-6.2%) $483,746 (-6.8%) 1.15 19,188
    2019-03-01 $351,957 (-4.9%) $498,132 (-5.5%) 1.15 19,833
    2019-04-01 $359,700 (-4.4%) $511,026 (-4.7%) 1.13 20,734
    2019-05-01 $360,000 (-6.5%) $509,897 (-6.3%) 1.11 21,981
    2019-06-01 $358,400 (-4.4%) $504,692 (-3.9%) 1.10 23,540
    2019-07-01 $353,450 (-3.5%) $493,702 (-3.4%) 1.10 24,435
    2019-08-01 $347,757 (-0.6%) $481,341 (-1.0%) 1.09 23,890
    2019-09-01 $344,226 (-0.2%) $478,149 (-0.9%) 1.09 23,144
    2019-10-01 $341,740 (-0.2%) $477,954 (-0.7%) 1.09 23,402
    2019-11-01 $340,000 (0.0%) $475,723 (-1.4%) 1.10 21,903
    2019-12-01 $335,436 (-1.1%) $468,817 (-1.5%) 1.12 19,514
    2020-01-01 $333,388 (-1.4%) $465,385 (-1.1%) 1.11 17,767
    2020-02-01 $339,900 (-1.4%) $475,261 (-1.8%) 1.10 17,440
    2020-03-01 $342,495 (-2.7%) $481,248 (-3.4%) 1.07 18,088
    2020-04-01 $339,479 (-5.6%) $470,711 (-7.9%) 1.06 18,523
    2020-05-01 $349,900 (-2.8%) $497,619 (-2.4%) 1.06 18,581
    2020-06-01 $356,000 (-0.7%) $515,387 (2.1%) 1.04 16,756
    2020-07-01 $359,846 (1.8%) $523,384 (6.0%) 1.03 15,709
    2020-08-01 $359,990 (3.5%) $532,123 (10.6%) 1.03 14,567
    2020-09-01 $359,550 (4.5%) $543,543 (13.7%) 1.03 13,442
    2020-10-01 $356,000 (4.2%) $549,352 (14.9%) 1.02 12,456
    2020-11-01 $358,950 (5.6%) $559,768 (17.7%) 1.03 11,106
    2020-12-01 $353,995 (5.5%) $558,517 (19.1%) 1.04 9,391
    2021-01-01 $349,900 (5.0%) $550,512 (18.3%) 1.03 8,041
    2021-02-01 $358,495 (5.5%) $578,669 (21.8%) 1.03 6,218
    2021-03-01 $361,413 (5.5%) $581,201 (20.8%) 1.01 5,730
    2021-04-01 $373,495 (10.0%) $602,114 (27.9%) 1.00 5,618
    2021-05-01 $379,900 (8.6%) $587,549 (18.1%) 1.00 5,936
    2021-06-01 $387,000 (8.7%) $594,650 (15.4%) 1.01 6,873
    2021-07-01 $395,000 (9.8%) $580,237 (10.9%) 1.03 8,098
    2021-08-01 $395,300 (9.8%) $567,592 (6.7%) 1.04 9,132
    2021-09-01 $396,080 (10.2%) $562,909 (3.6%) 1.04 8,860
    2021-10-01 $397,072 (11.5%) $576,139 (4.9%) 1.04 8,246
    2021-11-01 $400,000 (11.4%) $585,654 (4.6%) 1.05 7,339
    2021-12-01 $399,950 (13.0%) $585,819 (4.9%) 1.07 6,252
    2022-01-01 $400,000 (14.3%) $598,299 (8.7%) 1.07 4,910
    Fort Worth's median listing price for 2022-01-01 was $400,000, a difference of $50,100 (14.3%) versus the prior year and $50 versus the prior month.

    Fort Worth's median listing price comes in at 107% of the national average.

    Fort Worth's average listing price for 2022-01-01 was $598,299, a difference of $47,787 (8.7%) versus the prior year and $12,480 versus the prior month.

    For the 2022-01-01 period, Fort Worth had 4,910 MLS listings, a difference of -1,342 listings (-21%) versus the prior month and -3,131 listings (-39%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fort Worth (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 66 days 2,585 sqft
    2018-02-01 52 days 2,631 sqft
    2018-03-01 44 days 2,644 sqft
    2018-04-01 43 days 2,672 sqft
    2018-05-01 39 days 2,723 sqft
    2018-06-01 42 days 2,669 sqft
    2018-07-01 42 days 2,627 sqft
    2018-08-01 48 days 2,545 sqft
    2018-09-01 53 days 2,509 sqft
    2018-10-01 58 days 2,480 sqft
    2018-11-01 59 days 2,457 sqft
    2018-12-01 66 days 2,426 sqft
    2019-01-01 70 days 2,399 sqft
    2019-02-01 59 days 2,424 sqft
    2019-03-01 49 days 2,462 sqft
    2019-04-01 45 days 2,494 sqft
    2019-05-01 45 days 2,508 sqft
    2019-06-01 49 days 2,500 sqft
    2019-07-01 49 days 2,477 sqft
    2019-08-01 51 days 2,424 sqft
    2019-09-01 56 days 2,402 sqft
    2019-10-01 57 days 2,392 sqft
    2019-11-01 59 days 2,387 sqft
    2019-12-01 65 days 2,338 sqft
    2020-01-01 68 days 2,320 sqft
    2020-02-01 57 days 2,329 sqft
    2020-03-01 46 days 2,340 sqft
    2020-04-01 50 days 2,316 sqft
    2020-05-01 55 days 2,374 sqft
    2020-06-01 48 days 2,387 sqft
    2020-07-01 47 days 2,379 sqft
    2020-08-01 46 days 2,360 sqft
    2020-09-01 46 days 2,312 sqft
    2020-10-01 48 days 2,280 sqft
    2020-11-01 50 days 2,248 sqft
    2020-12-01 52 days 2,194 sqft
    2021-01-01 53 days 2,144 sqft
    2021-02-01 43 days 2,147 sqft
    2021-03-01 41 days 2,145 sqft
    2021-04-01 33 days 2,141 sqft
    2021-05-01 31 days 2,167 sqft
    2021-06-01 29 days 2,169 sqft
    2021-07-01 30 days 2,164 sqft
    2021-08-01 31 days 2,169 sqft
    2021-09-01 36 days 2,162 sqft
    2021-10-01 37 days 2,150 sqft
    2021-11-01 39 days 2,150 sqft
    2021-12-01 43 days 2,145 sqft
    2022-01-01 43 days 2,116 sqft
    Fort Worth's median listing age (time on market) for 2022-01-01 was 43 days. This is -19% shorter than the same period one year ago.

    Fort Worth's median square footage for active listings during the 2022-01-01 period was 2,116 sqft. One year prior, the average listing was 2,144 sqft.