Goldsboro USDA Loans

GOLDSBORO, NC

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.

Goldsboro's 38 lenders originated 101 USDA loans during 2021. The total origination value was $17,645,000, with an average USDA loan value of $174,703.

Goldsboro USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Goldsboro averaged 5.2% 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 5.13% and one month ago for the week of 2022-04-08, the average rate was 5.09%.

The average rate one year ago was 3%.

For refis of the same type during the week of 2022-05-13, the average rate was 4.77%.

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

Goldsboro 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 Goldsboro level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
MOVEMENT MORTGAGE, LLC 21 2.74% $4,767
CORNERSTONE HOME LENDING, INC. 8 3.13% $5,490
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 3.12% $3,778
Truist Bank 5 2.85% $4,593
Wells Fargo Bank 4 3.63% $4,018
MICHIGAN MUTUAL, INC. 3 2.71% $3,985
FIRST COMMUNITY MORTGAGE, INC. 3 2.83% $3,335
CRESCENT MORTGAGE COMPANY 3 3.13% $4,503
American Security Mortgage Corp. 3 2.79% $4,322
GoPrime Mortgage, Inc. 3 3.00% $5,809
SOUTHERN TRUST MORTGAGE, LLC 3 2.92% $5,173
HAMILTON HOME LOANS, INC. 2 3.19% $5,289
CMG MORTGAGE, INC. 2 2.81% $5,783
Colten Mortgage, LLC 2 3.19% $4,589
PENNYMAC LOAN SERVICES, LLC 2 3.00% $3,726
SUN WEST MORTGAGE COMPANY, INC. 2 2.50% $3,367
CROSSCOUNTRY MORTGAGE, LLC 2 2.69% $2,563
EQUITY RESOURCES, INC. 2 2.81% $5,065
ANGEL OAK HOME LOANS LLC 2 2.69% $5,155
First-Citizens Bank & Trust Company 2 2.25% $4,124
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 3.63% $6,289
HOMESPIRE MORTGAGE CORPORATION 2 3.00% $5,611
First Heritage Mortgage, LLC 1 3.25% $5,786
Bank of England 1 2.50% $6,352
CALIBER HOME LOANS, INC. 1 2.75% $3,355
Carrington Mortgage Services, LLC 1 3.63% $4,496
CERTAINTY HOME LOANS, LLC 1 3.38% $4,047
FINANCE OF AMERICA MORTGAGE LLC 1 2.75% $6,828
First Guaranty Mortgage Corporation 1 3.13% $4,347
AMERICAN FINANCIAL NETWORK, INC. 1 3.00% $7,524
KELLER MORTGAGE, LLC 1 3.25% $3,073
Paramount Residential Mortgage Group, Inc. 1 2.88% $4,330
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.88% $8,062
The Federal Savings Bank 1 2.25% $3,931
THE MORTGAGE FIRM, INC. 1 2.75% $5,742
Towne Mortgage of the Carolinas, LLC 1 2.25% $5,338
United Community Bank 1 3.25% $6,258
UNITED WHOLESALE MORTGAGE, LLC 1 2.96% $3,306

The top Goldsboro USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 21 USDA loans originated. Their average total fees are $4,767, which is $724 lower than the next largest lender, CORNERSTONE HOME LENDING, INC..

The lowest fee Goldsboro USDA lenders (with over 10 loans originated) are MOVEMENT MORTGAGE, LLC ($4,767), .

The lowest rate Goldsboro USDA lenders (with over 10 loans originated) are MOVEMENT MORTGAGE, LLC (2.74%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Goldsboro (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 $172,900 (4.9%) $180,211 (0.7%) 0.00 482
2018-02-01 $170,900 (6.6%) $180,029 (2.9%) 0.00 462
2018-03-01 $169,900 (6.3%) $183,487 (5.0%) 0.00 415
2018-04-01 $164,950 (2.5%) $182,588 (1.7%) 0.00 436
2018-05-01 $165,950 (-0.9%) $183,335 (0.7%) 0.00 445
2018-06-01 $167,000 (1.3%) $185,775 (2.9%) 0.00 441
2018-07-01 $169,450 (2.8%) $187,641 (3.6%) 0.00 463
2018-08-01 $169,200 (5.8%) $184,449 (2.9%) 0.00 473
2018-09-01 $174,900 (8.0%) $187,271 (4.9%) 0.00 477
2018-10-01 $179,900 (10.1%) $190,958 (8.3%) 0.00 442
2018-11-01 $178,400 (6.6%) $188,326 (6.6%) 0.00 418
2018-12-01 $179,900 (4.7%) $188,510 (4.8%) 0.00 402
2019-01-01 $177,400 (2.6%) $186,490 (3.5%) 0.00 361
2019-02-01 $183,900 (7.6%) $193,684 (7.6%) 0.00 359
2019-03-01 $187,043 (10.1%) $195,838 (6.7%) 0.00 341
2019-04-01 $192,400 (16.6%) $200,841 (10.0%) 0.00 319
2019-05-01 $193,555 (16.6%) $200,988 (9.6%) 0.00 314
2019-06-01 $194,500 (16.5%) $200,154 (7.7%) 0.00 317
2019-07-01 $182,400 (7.6%) $193,741 (3.3%) 0.00 313
2019-08-01 $177,371 (4.8%) $190,171 (3.1%) 0.00 291
2019-09-01 $177,371 (1.4%) $190,413 (1.7%) 0.00 288
2019-10-01 $177,450 (-1.4%) $192,264 (0.7%) 0.00 290
2019-11-01 $185,000 (3.7%) $189,472 (0.6%) 0.00 274
2019-12-01 $189,700 (5.5%) $187,080 (-0.8%) 0.00 273
2020-01-01 $191,900 (8.2%) $188,646 (1.2%) 0.00 254
2020-02-01 $195,500 (6.3%) $192,534 (-0.6%) 0.00 237
2020-03-01 $189,700 (1.4%) $192,592 (-1.7%) 0.00 218
2020-04-01 $188,500 (-2.0%) $187,132 (-6.8%) 0.00 220
2020-05-01 $192,000 (-0.8%) $187,803 (-6.6%) 0.00 175
2020-06-01 $202,000 (3.9%) $203,069 (1.5%) 0.00 200
2020-07-01 $212,400 (16.5%) $205,043 (5.8%) 0.00 159
2020-08-01 $192,900 (8.8%) $200,651 (5.5%) 0.00 148
2020-09-01 $190,450 (7.4%) $203,841 (7.1%) 0.00 130
2020-10-01 $180,000 (1.4%) $212,798 (10.7%) 0.00 114
2020-11-01 $188,970 (2.2%) $213,930 (12.9%) 0.00 129
2020-12-01 $195,950 (3.3%) $228,065 (21.9%) 0.00 108
2021-01-01 $195,000 (1.6%) $230,852 (22.4%) 0.00 118
2021-02-01 $198,450 (1.5%) $240,128 (24.7%) 0.00 105
2021-03-01 $192,000 (1.2%) $218,138 (13.3%) 0.00 86
2021-04-01 $206,000 (9.3%) $239,455 (28.0%) 0.00 87
2021-05-01 $249,000 (29.7%) $254,657 (35.6%) 0.00 110
2021-06-01 $241,990 (19.8%) $246,101 (21.2%) 0.00 118
2021-07-01 $219,950 (3.6%) $234,981 (14.6%) 0.00 137
2021-08-01 $229,900 (19.2%) $237,747 (18.5%) 0.00 152
2021-09-01 $194,950 (2.4%) $211,728 (3.9%) 0.00 135
2021-10-01 $185,900 (3.3%) $202,628 (-4.8%) 0.00 129
2021-11-01 $187,450 (-0.8%) $228,945 (7.0%) 0.00 108
2021-12-01 $208,950 (6.6%) $232,390 (1.9%) 0.00 118
2022-01-01 $249,000 (27.7%) $255,905 (10.9%) 0.00 110
2022-02-01 $249,450 (25.7%) $254,584 (6.0%) 0.00 93
2022-03-01 $242,900 (26.5%) $255,067 (16.9%) 0.00 90
2022-04-01 $274,900 (33.5%) $271,046 (13.2%) 0.00 77
Goldsboro's median listing price for 2022-04-01 was $274,900, a difference of $68,900 (33.5%) versus the prior year and $32,000 versus the prior month.

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

Goldsboro's average listing price for 2022-04-01 was $271,046, a difference of $31,591 (13.2%) versus the prior year and $15,979 versus the prior month.

For the 2022-04-01 period, Goldsboro had 77 MLS listings, a difference of -13 listings (-14%) versus the prior month and -10 listings (-11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Goldsboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,860 sqft
2018-02-01 0 days 1,821 sqft
2018-03-01 0 days 1,865 sqft
2018-04-01 0 days 1,849 sqft
2018-05-01 0 days 1,835 sqft
2018-06-01 0 days 1,834 sqft
2018-07-01 0 days 1,859 sqft
2018-08-01 0 days 1,853 sqft
2018-09-01 0 days 1,860 sqft
2018-10-01 0 days 1,893 sqft
2018-11-01 0 days 1,884 sqft
2018-12-01 0 days 1,921 sqft
2019-01-01 0 days 1,922 sqft
2019-02-01 0 days 1,990 sqft
2019-03-01 0 days 2,011 sqft
2019-04-01 0 days 2,061 sqft
2019-05-01 0 days 2,091 sqft
2019-06-01 0 days 2,110 sqft
2019-07-01 0 days 2,094 sqft
2019-08-01 0 days 2,052 sqft
2019-09-01 0 days 2,011 sqft
2019-10-01 0 days 2,003 sqft
2019-11-01 0 days 1,916 sqft
2019-12-01 0 days 1,856 sqft
2020-01-01 0 days 1,907 sqft
2020-02-01 0 days 1,975 sqft
2020-03-01 0 days 1,999 sqft
2020-04-01 0 days 1,903 sqft
2020-05-01 0 days 1,926 sqft
2020-06-01 0 days 2,096 sqft
2020-07-01 0 days 2,189 sqft
2020-08-01 0 days 2,102 sqft
2020-09-01 0 days 2,024 sqft
2020-10-01 0 days 1,976 sqft
2020-11-01 0 days 1,865 sqft
2020-12-01 0 days 1,925 sqft
2021-01-01 0 days 1,770 sqft
2021-02-01 0 days 1,820 sqft
2021-03-01 0 days 1,726 sqft
2021-04-01 0 days 1,763 sqft
2021-05-01 0 days 1,895 sqft
2021-06-01 0 days 2,016 sqft
2021-07-01 0 days 1,915 sqft
2021-08-01 0 days 2,003 sqft
2021-09-01 0 days 1,813 sqft
2021-10-01 0 days 1,664 sqft
2021-11-01 0 days 1,772 sqft
2021-12-01 0 days 1,807 sqft
2022-01-01 0 days 1,975 sqft
2022-02-01 0 days 1,921 sqft
2022-03-01 0 days 1,759 sqft
2022-04-01 0 days 1,826 sqft
Goldsboro's median listing age (time on market) for 2022-04-01 was 0 days.

Goldsboro's median square footage for active listings during the 2022-04-01 period was 1,826 sqft. One year prior, the average listing was 1,763 sqft.