Goldsboro USDA Loans

GOLDSBORO, NC

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    • 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.