Fremont USDA Loan Rates, Closing Costs & Stats

Fremont, OH

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.

Fremont's 12 lenders originated 20 USDA loans during 2022. The total origination value was $2,520,000, with an average USDA loan value of $126,000.

Fremont USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Fremont averaged 0.23% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

Fremont's average USDA mortgage closing costs are $4,557.

The average rate for the prior week (2024-02-16) was 6.51% and one month ago for the week of 2024-01-19, the average rate was 6.69%.

The average rate one year ago was 6.3%.

For refis of the same type during the week of 2024-02-23, the average rate was -0.2%.

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

Fremont 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 Fremont level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNION HOME MORTGAGE CORP. 4 6.19% $5,850
LOANDEPOT.COM, LLC 3 5.08% $5,160
CROSSCOUNTRY MORTGAGE, LLC 2 5.94% $8,832
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.25% $5,188
Fifth Third Bank 1 5.25% $4,063
MID AMERICA MORTGAGE, INC. 1 5.38% $4,412
PENNYMAC LOAN SERVICES, LLC 1 3.38% $5,491
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.75% $6,143
Ameris Bank 1 5.63% $5,628
U.S. Bank 1 4.13% $3,950
BAYSHORE MORTGAGE FUNDING, LLC 1 6.13% $4,987
CALIBER HOME LOANS, INC. 1 5.25% $7,440

The top Fremont USDA lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 4 USDA loans originated. Their average total fees are $5,850, which is $690 higher than the next largest lender, LOANDEPOT.COM, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Fremont (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 $109,425 (28.9%) $156,475 (40.1%) 0.00 136
2018-02-01 $114,900 (27.8%) $155,633 (27.1%) 0.00 125
2018-03-01 $110,544 (25.6%) $162,824 (32.5%) 0.00 112
2018-04-01 $116,750 (24.9%) $163,625 (24.3%) 0.00 117
2018-05-01 $125,950 (29.7%) $168,388 (22.1%) 0.00 120
2018-06-01 $129,900 (23.8%) $179,830 (21.4%) 0.00 119
2018-07-01 $132,725 (14.2%) $180,843 (12.7%) 0.00 137
2018-08-01 $132,725 (11.8%) $179,957 (13.6%) 0.00 146
2018-09-01 $126,900 (6.7%) $170,952 (9.4%) 0.00 142
2018-10-01 $117,450 (-1.3%) $164,960 (4.0%) 0.00 138
2018-11-01 $107,167 (-9.0%) $157,934 (2.9%) 0.00 137
2018-12-01 $100,500 (-7.8%) $149,494 (-1.9%) 0.00 128
2019-01-01 $98,450 (-10.0%) $146,927 (-5.9%) 0.00 120
2019-02-01 $104,625 (-8.9%) $147,647 (-4.8%) 0.00 115
2019-03-01 $114,857 (3.9%) $155,165 (-4.1%) 0.00 111
2019-04-01 $125,932 (7.9%) $162,682 (-0.4%) 0.00 110
2019-05-01 $129,175 (2.6%) $167,082 (-0.8%) 0.00 119
2019-06-01 $127,000 (-2.2%) $161,094 (-10.0%) 0.00 132
2019-07-01 $125,175 (-5.7%) $159,502 (-11.4%) 0.00 125
2019-08-01 $124,927 (-5.9%) $157,093 (-12.3%) 0.00 124
2019-09-01 $124,968 (-1.5%) $153,749 (-9.5%) 0.00 133
2019-10-01 $123,720 (5.3%) $151,520 (-7.5%) 0.00 139
2019-11-01 $128,450 (19.9%) $148,089 (-5.8%) 0.00 138
2019-12-01 $129,425 (28.8%) $142,618 (-4.1%) 0.00 118
2020-01-01 $131,925 (34.0%) $141,399 (-2.9%) 0.00 102
2020-02-01 $98,000 (-6.3%) $126,823 (-14.0%) 0.00 105
2020-03-01 $103,850 (-9.6%) $131,096 (-15.5%) 0.00 98
2020-04-01 $108,700 (-13.7%) $127,369 (-21.7%) 0.00 93
2020-05-01 $109,900 (-14.9%) $130,173 (-22.1%) 0.00 92
2020-06-01 $124,975 (-1.6%) $166,462 (1.1%) 0.00 59
2020-07-01 $140,500 (12.2%) $174,382 (6.9%) 0.00 53
2020-08-01 $149,700 (19.8%) $167,757 (3.7%) 0.00 64
2020-09-01 $119,950 (-4.0%) $145,707 (-7.9%) 0.00 80
2020-10-01 $124,900 (1.0%) $148,195 (-4.5%) 0.00 79
2020-11-01 $119,000 (-7.4%) $147,545 (-2.7%) 0.00 75
2020-12-01 $124,950 (-3.5%) $145,868 (-1.0%) 0.00 67
2021-01-01 $120,000 (-9.0%) $140,944 (-4.2%) 0.00 55
2021-02-01 $129,925 (32.6%) $145,239 (9.5%) 0.00 46
2021-03-01 $120,750 (16.3%) $145,957 (8.1%) 0.00 40
2021-04-01 $134,050 (23.3%) $153,066 (16.3%) 0.00 31
2021-05-01 $149,500 (36.0%) $164,229 (22.5%) 0.00 30
2021-06-01 $172,675 (38.2%) $178,415 (7.8%) 0.00 37
2021-07-01 $175,000 (24.6%) $189,146 (6.0%) 0.00 51
2021-08-01 $199,750 (33.4%) $200,087 (19.6%) 0.00 62
2021-09-01 $172,975 (44.2%) $193,345 (32.2%) 0.00 66
2021-10-01 $172,400 (38.0%) $189,011 (25.4%) 0.00 70
2021-11-01 $162,450 (36.5%) $181,587 (20.5%) 0.00 66
2021-12-01 $136,150 (9.0%) $171,606 (14.1%) 0.00 49
2022-01-01 $155,450 (29.5%) $184,903 (31.3%) 0.00 40
2022-02-01 $167,400 (28.8%) $192,261 (32.7%) 0.00 37
2022-03-01 $147,000 (21.7%) $173,462 (17.8%) 0.00 42
2022-04-01 $145,000 (8.2%) $175,010 (13.2%) 0.00 36
2022-05-01 $164,425 (10.0%) $194,109 (20.7%) 0.00 45
2022-06-01 $156,800 (-9.2%) $183,968 (4.0%) 0.00 54
2022-07-01 $149,900 (-14.3%) $182,584 (0.4%) 0.00 66
2022-08-01 $141,650 (-29.1%) $173,322 (-11.9%) 0.00 68
2022-09-01 $157,000 (-9.2%) $201,362 (6.9%) 0.00 62
2022-10-01 $149,950 (-13.0%) $195,171 (6.8%) 0.00 66
2022-11-01 $162,850 (0.3%) $179,391 (2.2%) 0.00 50
2022-12-01 $154,950 (13.8%) $171,682 (5.1%) 0.00 52
2023-01-01 $143,225 (-7.9%) $161,180 (-9.9%) 0.00 44
2023-02-01 $154,750 (-7.6%) $192,677 (4.6%) 0.00 27
2023-03-01 $164,975 (12.2%) $188,732 (13.1%) 0.00 30
2023-04-01 $185,000 (27.6%) $220,516 (31.5%) 0.00 31
2023-05-01 $206,000 (25.3%) $240,476 (24.9%) 0.00 37
2023-06-01 $227,500 (45.1%) $239,055 (31.1%) 0.00 48
2023-07-01 $225,500 (50.4%) $243,526 (34.3%) 0.00 45
2023-08-01 $225,950 (59.5%) $247,336 (44.0%) 0.00 49
2023-09-01 $202,250 (28.8%) $230,878 (15.4%) 0.00 52
2023-10-01 $187,325 (24.9%) $224,674 (16.0%) 0.00 48
2023-11-01 $187,483 (15.1%) $212,796 (20.0%) 0.00 56
2023-12-01 $177,400 (14.5%) $209,612 (0.0%) 0.00 52
Fremont's median listing price for 2023-12-01 was $177,400, a difference of $22,450 (14.5%) versus the prior year and $-10,083 versus the prior month.

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

Fremont's average listing price for 2023-12-01 was $209,612, a difference of $37,930 (0.0%) versus the prior year and $-3,184 versus the prior month.

For the 2023-12-01 period, Fremont had 52 MLS listings, a difference of -4 listings (-7%) versus the prior month and 0 listings (0%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fremont (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,588 sqft
2018-02-01 0 days 1,645 sqft
2018-03-01 0 days 1,696 sqft
2018-04-01 0 days 1,688 sqft
2018-05-01 0 days 1,673 sqft
2018-06-01 0 days 1,676 sqft
2018-07-01 0 days 1,712 sqft
2018-08-01 0 days 1,752 sqft
2018-09-01 0 days 1,740 sqft
2018-10-01 0 days 1,704 sqft
2018-11-01 0 days 1,652 sqft
2018-12-01 0 days 1,598 sqft
2019-01-01 0 days 1,578 sqft
2019-02-01 0 days 1,577 sqft
2019-03-01 0 days 1,625 sqft
2019-04-01 0 days 1,664 sqft
2019-05-01 0 days 1,667 sqft
2019-06-01 0 days 1,598 sqft
2019-07-01 0 days 1,666 sqft
2019-08-01 0 days 1,649 sqft
2019-09-01 0 days 1,639 sqft
2019-10-01 0 days 1,633 sqft
2019-11-01 0 days 1,629 sqft
2019-12-01 0 days 1,628 sqft
2020-01-01 0 days 1,596 sqft
2020-02-01 0 days 1,550 sqft
2020-03-01 0 days 1,598 sqft
2020-04-01 0 days 1,603 sqft
2020-05-01 0 days 1,612 sqft
2020-06-01 0 days 1,756 sqft
2020-07-01 0 days 1,773 sqft
2020-08-01 0 days 1,773 sqft
2020-09-01 0 days 1,815 sqft
2020-10-01 0 days 1,717 sqft
2020-11-01 0 days 1,698 sqft
2020-12-01 0 days 1,624 sqft
2021-01-01 0 days 1,607 sqft
2021-02-01 0 days 1,693 sqft
2021-03-01 0 days 1,711 sqft
2021-04-01 0 days 1,719 sqft
2021-05-01 0 days 1,618 sqft
2021-06-01 0 days 1,721 sqft
2021-07-01 0 days 1,734 sqft
2021-08-01 0 days 1,773 sqft
2021-09-01 0 days 1,717 sqft
2021-10-01 0 days 1,658 sqft
2021-11-01 0 days 1,647 sqft
2021-12-01 0 days 1,627 sqft
2022-01-01 0 days 1,753 sqft
2022-02-01 0 days 1,773 sqft
2022-03-01 0 days 1,581 sqft
2022-04-01 0 days 1,654 sqft
2022-05-01 0 days 1,659 sqft
2022-06-01 0 days 1,579 sqft
2022-07-01 0 days 1,580 sqft
2022-08-01 0 days 1,502 sqft
2022-09-01 0 days 1,542 sqft
2022-10-01 0 days 1,540 sqft
2022-11-01 0 days 1,550 sqft
2022-12-01 0 days 1,504 sqft
2023-01-01 0 days 1,487 sqft
2023-02-01 0 days 1,600 sqft
2023-03-01 0 days 1,571 sqft
2023-04-01 0 days 1,619 sqft
2023-05-01 0 days 1,624 sqft
2023-06-01 0 days 1,711 sqft
2023-07-01 0 days 1,728 sqft
2023-08-01 0 days 1,774 sqft
2023-09-01 0 days 1,652 sqft
2023-10-01 0 days 1,564 sqft
2023-11-01 0 days 1,542 sqft
2023-12-01 0 days 1,514 sqft
Fremont's median listing age (time on market) for 2023-12-01 was 0 days.

Fremont's median square footage for active listings during the 2023-12-01 period was 1,514 sqft. One year prior, the average listing was 1,504 sqft.