Gettysburg USDA Loans

GETTYSBURG, PA

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.

Gettysburg's 42 lenders originated 108 USDA loans during 2021. The total origination value was $22,190,000, with an average USDA loan value of $205,463.

Gettysburg USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Gettysburg averaged 5.37% for the week of 2022-05-13, compared to the national average (all USDA variants) of 5.294% for the same period.

The average rate for the prior week (2022-05-06) was 5.3% and one month ago for the week of 2022-04-08, the average rate was 4.67%.

The average rate one year ago was 2.88%.

For refis of the same type during the week of 2022-05-13, the average rate was 5.1%.

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

Gettysburg 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 Gettysburg level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
CROSSCOUNTRY MORTGAGE, LLC 27 2.99% $6,328
RESIDENTIAL MORTGAGE SERVICES, INC. 8 2.77% $6,034
Northpointe Bank 7 2.54% $6,309
BAY CAPITAL MORTGAGE CORPORATION 6 2.83% $6,111
UNION HOME MORTGAGE CORP. 5 2.60% $5,692
Fulton Bank 4 2.72% $6,701
York Traditions Bank 4 2.78% $6,446
T2 FINANCIAL LLC 2 3.00% $6,276
TJC Mortgage, Inc. 2 2.88% $7,506
MCLEAN MORTGAGE CORPORATION 2 3.06% $6,053
Prosperity Home Mortgage, LLC 2 2.75% $9,440
Bank of England 2 2.69% $7,748
First Guaranty Mortgage Corporation 2 3.13% $7,641
Homesale Mortgage, LLC 2 3.00% $6,223
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 3.25% $7,595
George Mason Mortgage, LLC 2 2.69% $5,838
LOANDEPOT.COM, LLC 2 3.06% $6,503
1ST FINANCIAL, INC. 1 2.88% $8,191
MUTUAL OF OMAHA MORTGAGE, INC. 1 2.75% $6,227
NATIONS DIRECT MORTGAGE, LLC 1 3.25% $4,066
Paramount Residential Mortgage Group, Inc. 1 3.63% $9,773
PNC Bank 1 2.88% $5,007
SUN WEST MORTGAGE COMPANY, INC. 1 2.63% $4,307
TIDEWATER MORTGAGE SERVICES, INC. 1 2.88% $7,129
Towne Bank 1 2.88% $5,428
MOVEMENT MORTGAGE, LLC 1 2.25% $7,331
ACADEMY MORTGAGE CORPORATION 1 3.00% $6,055
AMERICAN FINANCIAL NETWORK, INC. 1 2.75% $10,868
APEX HOME LOANS, INC. 1 2.75% $8,912
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.25% $11,320
Carrington Mortgage Services, LLC 1 2.38% $5,471
Citizens Bank 1 3.25% $5,553
EMM LOANS LLC 1 3.00% $4,761
FINANCE OF AMERICA MORTGAGE LLC 1 2.75% $6,699
Flagstar Bank, FSB 1 2.75% $5,199
Florida Capital Bank 1 2.88% $10,321
GUARANTEED RATE, INC. 1 2.38% $5,674
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.25% $9,130
HomePromise Corporation 1 3.13% $5,469
KELLER MORTGAGE, LLC 1 2.25% $6,675
Manufacturers and Traders Trust Company 1 3.13% $7,672
Mortgage Network, Inc. 1 2.38% $6,765

The top Gettysburg USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 27 USDA loans originated. Their average total fees are $6,328, which is $294 higher than the next largest lender, RESIDENTIAL MORTGAGE SERVICES, INC..

The lowest fee Gettysburg USDA lenders (with over 10 loans originated) are CROSSCOUNTRY MORTGAGE, LLC ($6,328), .

The lowest rate Gettysburg USDA lenders (with over 10 loans originated) are CROSSCOUNTRY MORTGAGE, LLC (2.99%), .