Georgetown USDA Loan Rates, Closing Costs & Stats
Georgetown, SC
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.
Georgetown's 4 lenders originated 5 USDA loans during 2023. The total origination value was $1,005,000, with an average USDA loan value of $201,000.
Georgetown USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Georgetown
averaged
7.02%
for the week of 2024-05-03, compared to the national average (all USDA variants) of
6.892% for the same period.
Georgetown's average USDA mortgage closing costs are $5,139.
The average rate for the prior week (2024-04-26) was
7.07% and
one month ago for the week of 2024-03-29, the
average rate was 6.52%.
The average rate one year ago was 6.45%.
For refis of the same type during the week of 2024-05-03, the average rate
was 6.79%.
Georgetown 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 Georgetown level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| MORTGAGE INVESTORS GROUP, INC. | 2 | 6.87% | $6,810 |
| GUILD MORTGAGE COMPANY | 1 | 7.13% | $9,968 |
| Servion, Inc. | 1 | 6.13% | $5,190 |
| UNION HOME MORTGAGE CORP. | 1 | 6.50% | $7,731 |
The top Georgetown USDA lender as defined by loan originations is MORTGAGE INVESTORS GROUP, INC., with
2 USDA loans originated. Their average total fees are
$6,810, which is $3,158
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Georgetown USDA lenders (with over 10 loans originated) are
.
The lowest rate Georgetown USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Georgetown (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 | $390,000 (7.5%) | $585,751 (6.2%) | 0.00 | 791 |
| 2018-02-01 | $373,450 (1.0%) | $555,033 (-0.4%) | 0.00 | 841 |
| 2018-03-01 | $379,900 (2.7%) | $552,430 (-1.2%) | 0.00 | 896 |
| 2018-04-01 | $389,500 (4.3%) | $565,069 (-0.3%) | 0.00 | 895 |
| 2018-05-01 | $382,475 (0.0%) | $561,529 (-2.1%) | 0.00 | 917 |
| 2018-06-01 | $375,500 (-2.8%) | $564,534 (-2.8%) | 0.00 | 901 |
| 2018-07-01 | $396,750 (-0.8%) | $585,550 (-1.7%) | 0.00 | 875 |
| 2018-08-01 | $399,925 (0.1%) | $602,604 (2.0%) | 0.00 | 869 |
| 2018-09-01 | $399,900 (0.0%) | $591,490 (-0.6%) | 0.00 | 878 |
| 2018-10-01 | $399,450 (-0.1%) | $588,320 (-0.6%) | 0.00 | 883 |
| 2018-11-01 | $387,625 (-2.9%) | $570,566 (-2.2%) | 0.00 | 915 |
| 2018-12-01 | $374,900 (-6.0%) | $558,248 (-5.4%) | 0.00 | 914 |
| 2019-01-01 | $371,075 (-4.9%) | $548,332 (-6.4%) | 0.00 | 876 |
| 2019-02-01 | $389,000 (4.2%) | $561,909 (1.2%) | 0.00 | 866 |
| 2019-03-01 | $393,671 (3.6%) | $655,659 (18.7%) | 0.00 | 892 |
| 2019-04-01 | $399,450 (2.6%) | $659,963 (16.8%) | 0.00 | 911 |
| 2019-05-01 | $399,450 (4.4%) | $575,516 (2.5%) | 0.00 | 896 |
| 2019-06-01 | $402,500 (7.2%) | $580,097 (2.8%) | 0.00 | 870 |
| 2019-07-01 | $422,450 (6.5%) | $579,814 (-1.0%) | 0.00 | 855 |
| 2019-08-01 | $418,182 (4.6%) | $579,338 (-3.9%) | 0.00 | 833 |
| 2019-09-01 | $407,955 (2.0%) | $573,508 (-3.0%) | 0.00 | 820 |
| 2019-10-01 | $401,136 (0.4%) | $569,637 (-3.2%) | 0.00 | 810 |
| 2019-11-01 | $400,000 (3.2%) | $577,210 (1.2%) | 0.00 | 789 |
| 2019-12-01 | $397,225 (6.0%) | $571,690 (2.4%) | 0.00 | 781 |
| 2020-01-01 | $389,473 (5.0%) | $573,311 (4.6%) | 0.00 | 752 |
| 2020-02-01 | $384,000 (-1.3%) | $557,224 (-0.8%) | 0.00 | 779 |
| 2020-03-01 | $380,975 (-3.2%) | $559,246 (-14.7%) | 0.00 | 762 |
| 2020-04-01 | $385,750 (-3.4%) | $554,893 (-15.9%) | 0.00 | 756 |
| 2020-05-01 | $384,900 (-3.6%) | $557,309 (-3.2%) | 0.00 | 741 |
| 2020-06-01 | $385,779 (-4.2%) | $545,839 (-5.9%) | 0.00 | 695 |
| 2020-07-01 | $388,000 (-8.2%) | $558,881 (-3.6%) | 0.00 | 634 |
| 2020-08-01 | $359,900 (-13.9%) | $545,997 (-5.8%) | 0.00 | 591 |
| 2020-09-01 | $334,875 (-17.9%) | $527,063 (-8.1%) | 0.00 | 566 |
| 2020-10-01 | $343,585 (-14.4%) | $528,768 (-7.2%) | 0.00 | 556 |
| 2020-11-01 | $364,850 (-8.8%) | $536,179 (-7.1%) | 0.00 | 530 |
| 2020-12-01 | $359,499 (-9.5%) | $545,397 (-4.6%) | 0.00 | 510 |
| 2021-01-01 | $359,000 (-7.8%) | $552,383 (-3.7%) | 0.00 | 461 |
| 2021-02-01 | $357,475 (-6.9%) | $581,669 (4.4%) | 0.00 | 404 |
| 2021-03-01 | $360,725 (-5.3%) | $603,615 (7.9%) | 0.00 | 331 |
| 2021-04-01 | $363,250 (-5.8%) | $647,772 (16.7%) | 0.00 | 303 |
| 2021-05-01 | $399,900 (3.9%) | $694,081 (24.5%) | 0.00 | 254 |
| 2021-06-01 | $387,450 (0.4%) | $684,664 (25.4%) | 0.00 | 238 |
| 2021-07-01 | $419,450 (8.1%) | $732,495 (31.1%) | 0.00 | 251 |
| 2021-08-01 | $419,000 (16.4%) | $694,169 (27.1%) | 0.00 | 274 |
| 2021-09-01 | $412,200 (23.1%) | $696,493 (32.2%) | 0.00 | 275 |
| 2021-10-01 | $392,000 (14.1%) | $708,145 (33.9%) | 0.00 | 266 |
| 2021-11-01 | $375,000 (2.8%) | $661,198 (23.3%) | 0.00 | 274 |
| 2021-12-01 | $347,964 (-3.2%) | $665,486 (22.0%) | 0.00 | 267 |
| 2022-01-01 | $362,450 (1.0%) | $699,604 (26.7%) | 0.00 | 222 |
| 2022-02-01 | $344,815 (-3.5%) | $726,867 (25.0%) | 0.00 | 172 |
| 2022-03-01 | $372,500 (3.3%) | $760,979 (26.1%) | 0.00 | 158 |
| 2022-04-01 | $425,000 (17.0%) | $782,747 (20.8%) | 0.00 | 160 |
| 2022-05-01 | $432,000 (8.0%) | $743,484 (7.1%) | 0.00 | 186 |
| 2022-06-01 | $457,700 (18.1%) | $765,150 (11.8%) | 0.00 | 214 |
| 2022-07-01 | $476,450 (13.6%) | $763,813 (4.3%) | 0.00 | 229 |
| 2022-08-01 | $499,450 (19.2%) | $789,522 (13.7%) | 0.00 | 251 |
| 2022-09-01 | $499,225 (21.1%) | $779,901 (12.0%) | 0.00 | 237 |
| 2022-10-01 | $509,900 (30.1%) | $773,322 (9.2%) | 0.00 | 234 |
| 2022-11-01 | $482,000 (28.5%) | $715,661 (8.2%) | 0.00 | 242 |
| 2022-12-01 | $445,000 (27.9%) | $665,965 (0.1%) | 0.00 | 240 |
| 2023-01-01 | $471,998 (30.2%) | $669,522 (-4.3%) | 0.00 | 250 |
| 2023-02-01 | $453,495 (31.5%) | $707,401 (-2.7%) | 0.00 | 252 |
| 2023-03-01 | $456,368 (22.5%) | $685,385 (-9.9%) | 0.00 | 275 |
| 2023-04-01 | $452,395 (6.5%) | $698,633 (-10.8%) | 0.00 | 286 |
| 2023-05-01 | $429,725 (-0.5%) | $679,366 (-8.6%) | 0.00 | 271 |
| 2023-06-01 | $442,225 (-3.4%) | $669,114 (-12.6%) | 0.00 | 279 |
| 2023-07-01 | $462,150 (-3.0%) | $671,313 (-12.1%) | 0.00 | 281 |
| 2023-08-01 | $488,200 (-2.3%) | $715,023 (-9.4%) | 0.00 | 284 |
| 2023-09-01 | $484,500 (-3.0%) | $742,244 (-4.8%) | 0.00 | 309 |
| 2023-10-01 | $492,348 (-3.4%) | $765,198 (-1.1%) | 0.00 | 332 |
| 2023-11-01 | $508,700 (5.5%) | $742,619 (3.8%) | 0.00 | 347 |
| 2023-12-01 | $509,900 (14.6%) | $702,203 (5.4%) | 0.00 | 337 |
| 2024-01-01 | $499,638 (5.9%) | $687,989 (2.8%) | 0.00 | 342 |
| 2024-02-01 | $508,698 (12.2%) | $699,554 (-1.1%) | 0.00 | 354 |
| 2024-03-01 | $499,825 (9.5%) | $692,788 (1.1%) | 0.00 | 359 |
| 2024-04-01 | $475,806 (5.2%) | $671,127 (-3.9%) | 0.00 | 389 |
Georgetown's median listing price comes in at 0% of the national average.
Georgetown's average listing price for 2024-04-01 was $671,127, a difference of $-27,506 (-3.9%) versus the prior year and $-21,661 versus the prior month.
For the 2024-04-01 period, Georgetown had 389 MLS listings, a difference of 30 listings (8%) versus the prior month and 103 listings (36%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Georgetown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,101 sqft |
| 2018-02-01 | 0 days | 2,101 sqft |
| 2018-03-01 | 0 days | 2,101 sqft |
| 2018-04-01 | 0 days | 2,101 sqft |
| 2018-05-01 | 0 days | 2,101 sqft |
| 2018-06-01 | 0 days | 2,101 sqft |
| 2018-07-01 | 0 days | 2,201 sqft |
| 2018-08-01 | 0 days | 2,201 sqft |
| 2018-09-01 | 0 days | 2,201 sqft |
| 2018-10-01 | 0 days | 2,201 sqft |
| 2018-11-01 | 0 days | 2,176 sqft |
| 2018-12-01 | 0 days | 2,101 sqft |
| 2019-01-01 | 0 days | 2,051 sqft |
| 2019-02-01 | 0 days | 2,101 sqft |
| 2019-03-01 | 0 days | 2,079 sqft |
| 2019-04-01 | 0 days | 2,051 sqft |
| 2019-05-01 | 0 days | 2,048 sqft |
| 2019-06-01 | 0 days | 2,119 sqft |
| 2019-07-01 | 0 days | 2,150 sqft |
| 2019-08-01 | 0 days | 2,144 sqft |
| 2019-09-01 | 0 days | 2,136 sqft |
| 2019-10-01 | 0 days | 2,130 sqft |
| 2019-11-01 | 0 days | 2,129 sqft |
| 2019-12-01 | 0 days | 2,067 sqft |
| 2020-01-01 | 0 days | 2,050 sqft |
| 2020-02-01 | 0 days | 1,951 sqft |
| 2020-03-01 | 0 days | 1,950 sqft |
| 2020-04-01 | 0 days | 1,950 sqft |
| 2020-05-01 | 0 days | 1,950 sqft |
| 2020-06-01 | 0 days | 1,950 sqft |
| 2020-07-01 | 0 days | 1,950 sqft |
| 2020-08-01 | 0 days | 1,901 sqft |
| 2020-09-01 | 0 days | 1,850 sqft |
| 2020-10-01 | 0 days | 1,850 sqft |
| 2020-11-01 | 0 days | 1,890 sqft |
| 2020-12-01 | 0 days | 1,877 sqft |
| 2021-01-01 | 0 days | 1,900 sqft |
| 2021-02-01 | 0 days | 1,907 sqft |
| 2021-03-01 | 0 days | 1,900 sqft |
| 2021-04-01 | 0 days | 1,928 sqft |
| 2021-05-01 | 0 days | 2,068 sqft |
| 2021-06-01 | 0 days | 1,995 sqft |
| 2021-07-01 | 0 days | 2,006 sqft |
| 2021-08-01 | 0 days | 2,031 sqft |
| 2021-09-01 | 0 days | 2,058 sqft |
| 2021-10-01 | 0 days | 2,038 sqft |
| 2021-11-01 | 0 days | 2,017 sqft |
| 2021-12-01 | 0 days | 1,954 sqft |
| 2022-01-01 | 0 days | 1,992 sqft |
| 2022-02-01 | 0 days | 1,971 sqft |
| 2022-03-01 | 0 days | 1,940 sqft |
| 2022-04-01 | 0 days | 1,940 sqft |
| 2022-05-01 | 0 days | 2,125 sqft |
| 2022-06-01 | 0 days | 2,197 sqft |
| 2022-07-01 | 0 days | 2,158 sqft |
| 2022-08-01 | 0 days | 2,192 sqft |
| 2022-09-01 | 0 days | 2,161 sqft |
| 2022-10-01 | 0 days | 2,158 sqft |
| 2022-11-01 | 0 days | 2,093 sqft |
| 2022-12-01 | 0 days | 2,025 sqft |
| 2023-01-01 | 0 days | 2,112 sqft |
| 2023-02-01 | 0 days | 2,086 sqft |
| 2023-03-01 | 0 days | 2,094 sqft |
| 2023-04-01 | 0 days | 2,049 sqft |
| 2023-05-01 | 0 days | 1,873 sqft |
| 2023-06-01 | 0 days | 1,886 sqft |
| 2023-07-01 | 0 days | 1,850 sqft |
| 2023-08-01 | 0 days | 1,895 sqft |
| 2023-09-01 | 0 days | 1,884 sqft |
| 2023-10-01 | 0 days | 1,874 sqft |
| 2023-11-01 | 0 days | 1,931 sqft |
| 2023-12-01 | 0 days | 1,888 sqft |
| 2024-01-01 | 0 days | 1,882 sqft |
| 2024-02-01 | 0 days | 1,869 sqft |
| 2024-03-01 | 0 days | 1,847 sqft |
| 2024-04-01 | 0 days | 1,801 sqft |
Georgetown's median square footage for active listings during the 2024-04-01 period was 1,801 sqft. One year prior, the average listing was 2,049 sqft.