Greeley USDA Loans

GREELEY, CO

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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.

    Greeley's 41 lenders originated 182 USDA loans during 2021. The total origination value was $68,880,000, with an average USDA loan value of $378,462.

    Greeley USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Greeley averaged 5.95% for the week of 2022-09-23, compared to the national average (all USDA variants) of 6.08% for the same period.

    The average rate for the prior week (2022-09-16) was 5.99% and one month ago for the week of 2022-08-19, the average rate was 5.17%.

    The average rate one year ago was 2.9%.

    For refis of the same type during the week of 2022-09-23, the average rate was 5.77%.

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

    Greeley 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 Greeley level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    CROSSCOUNTRY MORTGAGE, LLC 37 3.04% $7,581
    PRIMARY RESIDENTIAL MORTGAGE, INC. 19 2.75% $9,474
    LOANDEPOT.COM, LLC 11 2.67% $10,677
    HOME POINT FINANCIAL CORPORATION 11 2.56% $9,179
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 3.13% $9,189
    Financial Funding Solutions, Inc. 8 2.70% $8,572
    UNITED WHOLESALE MORTGAGE, LLC 6 2.59% $8,205
    DHI MORTGAGE COMPANY, LTD. 5 2.97% $9,406
    CALIBER HOME LOANS, INC. 5 2.65% $6,778
    First National Bank of Omaha 4 2.91% $6,559
    Loan Simple, Inc. 3 2.50% $9,022
    GUILD MORTGAGE COMPANY 3 3.13% $7,765
    NEWREZ LLC 3 2.46% $10,686
    CHERRY CREEK MORTGAGE, LLC 3 3.00% $4,311
    CORNERSTONE HOME LENDING, INC. 2 3.00% $6,566
    Bank of England 2 2.50% $6,850
    FINANCE OF AMERICA MORTGAGE LLC 2 3.13% $8,275
    First Western Trust Bank 2 2.63% $6,281
    Flagstar Bank, FSB 2 2.56% $6,330
    Paramount Residential Mortgage Group, Inc. 2 2.75% $8,170
    SECURITYNATIONAL MORTGAGE COMPANY 2 2.25% $12,026
    UNION HOME MORTGAGE CORP. 2 2.50% $7,786
    UNIVERSAL LENDING CORPORATION 2 2.63% $6,474
    CELEBRITY HOME LOANS, LLC 1 2.50% $5,543
    BROKER SOLUTIONS, INC. 1 2.25% $4,102
    Bank of Colorado 1 2.88% $7,029
    MID AMERICA MORTGAGE, INC. 1 2.38% $3,430
    NBH Bank 1 2.88% $7,371
    AMERICAN FINANCING CORPORATION 1 2.25% $5,979
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 2.75% $5,287
    VAN DYK MORTGAGE CORPORATION 1 2.50% $4,091
    PENNYMAC LOAN SERVICES, LLC 1 2.63% $9,765
    AMCAP MORTGAGE, LTD. 1 2.88% $8,087
    S1L, Inc. 1 2.50% $8,054
    ALL WESTERN MORTGAGE, INC. 1 4.38% $7,330
    SUN WEST MORTGAGE COMPANY, INC. 1 2.63% $5,800
    TOWNE MORTGAGE COMPANY 1 2.63% $7,460
    Gateway First Bank 1 3.13% $5,914
    ACADEMY MORTGAGE CORPORATION 1 3.38% $8,185
    HOMEAMERICAN MORTGAGE CORPORATION 1 2.50% $4,163
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.75% $5,678

    The top Greeley USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 37 USDA loans originated. Their average total fees are $7,581, which is $1,892 lower than the next largest lender, PRIMARY RESIDENTIAL MORTGAGE, INC..

    The lowest fee Greeley USDA lenders (with over 10 loans originated) are CROSSCOUNTRY MORTGAGE, LLC ($7,581), HOME POINT FINANCIAL CORPORATION ($9,179), PRIMARY RESIDENTIAL MORTGAGE, INC. ($9,474), LOANDEPOT.COM, LLC ($10,677) and .

    The lowest rate Greeley USDA lenders (with over 10 loans originated) are HOME POINT FINANCIAL CORPORATION (2.56%), LOANDEPOT.COM, LLC (2.67%), PRIMARY RESIDENTIAL MORTGAGE, INC. (2.75%), CROSSCOUNTRY MORTGAGE, LLC (3.04%) and .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Greeley (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 $420,193 (7.8%) $491,573 (7.4%) 1.55 840
    2018-02-01 $424,544 (4.8%) $502,237 (5.5%) 1.53 819
    2018-03-01 $425,000 (3.8%) $501,190 (3.6%) 1.47 832
    2018-04-01 $424,400 (-0.1%) $500,661 (0.5%) 1.42 874
    2018-05-01 $436,400 (-0.3%) $515,163 (1.2%) 1.46 885
    2018-06-01 $435,000 (1.0%) $517,772 (4.4%) 1.45 971
    2018-07-01 $421,440 (0.3%) $520,150 (7.8%) 1.41 1,075
    2018-08-01 $415,000 (-1.2%) $507,899 (4.5%) 1.39 1,116
    2018-09-01 $418,094 (-1.4%) $494,765 (0.0%) 1.40 1,221
    2018-10-01 $417,294 (-2.8%) $487,545 (-2.6%) 1.40 1,353
    2018-11-01 $419,950 (-0.6%) $488,169 (-2.0%) 1.41 1,339
    2018-12-01 $420,000 (0.0%) $489,713 (-1.0%) 1.44 1,219
    2019-01-01 $419,450 (-0.2%) $495,321 (0.8%) 1.45 1,149
    2019-02-01 $415,450 (-2.1%) $495,317 (-1.4%) 1.39 1,112
    2019-03-01 $426,000 (0.2%) $507,505 (1.3%) 1.39 1,150
    2019-04-01 $431,000 (1.6%) $515,995 (3.1%) 1.36 1,250
    2019-05-01 $432,450 (-0.9%) $512,973 (-0.4%) 1.33 1,289
    2019-06-01 $425,000 (-2.3%) $506,122 (-2.3%) 1.31 1,393
    2019-07-01 $413,875 (-1.8%) $492,021 (-5.4%) 1.29 1,422
    2019-08-01 $405,714 (-2.2%) $486,719 (-4.2%) 1.28 1,443
    2019-09-01 $399,950 (-4.3%) $477,936 (-3.4%) 1.27 1,428
    2019-10-01 $408,000 (-2.2%) $483,918 (-0.7%) 1.30 1,438
    2019-11-01 $415,000 (-1.2%) $494,628 (1.3%) 1.34 1,326
    2019-12-01 $418,950 (-0.3%) $505,586 (3.2%) 1.40 1,165
    2020-01-01 $432,113 (3.0%) $524,260 (5.8%) 1.44 951
    2020-02-01 $449,900 (8.3%) $539,041 (8.8%) 1.45 823
    2020-03-01 $461,995 (8.5%) $542,728 (6.9%) 1.44 864
    2020-04-01 $437,500 (1.5%) $518,680 (0.5%) 1.36 1,052
    2020-05-01 $437,770 (1.2%) $520,042 (1.4%) 1.33 1,183
    2020-06-01 $437,300 (2.9%) $523,072 (3.4%) 1.28 1,124
    2020-07-01 $443,573 (7.2%) $534,777 (8.7%) 1.27 1,041
    2020-08-01 $439,900 (8.4%) $543,041 (11.6%) 1.26 987
    2020-09-01 $440,000 (10.0%) $554,495 (16.0%) 1.26 893
    2020-10-01 $450,000 (10.3%) $563,009 (16.3%) 1.29 788
    2020-11-01 $437,433 (5.4%) $565,152 (14.3%) 1.25 723
    2020-12-01 $434,900 (3.8%) $562,577 (11.3%) 1.28 623
    2021-01-01 $449,000 (3.9%) $586,132 (11.8%) 1.32 502
    2021-02-01 $457,950 (1.8%) $608,749 (12.9%) 1.32 422
    2021-03-01 $461,500 (-0.1%) $603,496 (11.2%) 1.29 410
    2021-04-01 $470,900 (7.6%) $599,269 (15.5%) 1.27 411
    2021-05-01 $470,115 (7.4%) $585,348 (12.6%) 1.24 382
    2021-06-01 $485,000 (10.9%) $595,019 (13.8%) 1.26 402
    2021-07-01 $486,900 (9.8%) $590,775 (10.5%) 1.26 470
    2021-08-01 $500,000 (13.7%) $592,965 (9.2%) 1.31 486
    2021-09-01 $495,125 (12.5%) $628,826 (13.4%) 1.30 487
    2021-10-01 $489,990 (8.9%) $634,910 (12.8%) 1.29 500
    2021-11-01 $484,777 (10.8%) $624,051 (10.4%) 1.28 460
    2021-12-01 $459,625 (5.7%) $557,759 (-0.9%) 1.23 810
    2022-01-01 $489,900 (9.1%) $669,045 (14.2%) 1.31 305
    2022-02-01 $499,950 (9.2%) $723,644 (18.9%) 1.27 293
    2022-03-01 $517,500 (12.1%) $698,924 (15.8%) 1.28 335
    2022-04-01 $540,000 (14.7%) $705,952 (17.8%) 1.27 359
    2022-05-01 $551,739 (17.4%) $723,189 (23.6%) 1.23 507
    2022-06-01 $562,500 (16.0%) $706,743 (18.8%) 1.25 708
    2022-07-01 $550,000 (13.0%) $693,180 (17.3%) 1.22 947
    2022-08-01 $544,500 (8.9%) $696,274 (17.4%) 1.25 1,009
    Greeley's median listing price for 2022-08-01 was $544,500, a difference of $44,500 (8.9%) versus the prior year and $-5,500 versus the prior month.

    Greeley's median listing price comes in at 125% of the national average.

    Greeley's average listing price for 2022-08-01 was $696,274, a difference of $103,309 (17.4%) versus the prior year and $3,094 versus the prior month.

    For the 2022-08-01 period, Greeley had 1,009 MLS listings, a difference of 62 listings (7%) versus the prior month and 523 listings (108%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Greeley (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 66 days 3,289 sqft
    2018-02-01 53 days 3,260 sqft
    2018-03-01 37 days 3,233 sqft
    2018-04-01 33 days 3,214 sqft
    2018-05-01 32 days 3,272 sqft
    2018-06-01 35 days 3,204 sqft
    2018-07-01 36 days 3,165 sqft
    2018-08-01 36 days 3,065 sqft
    2018-09-01 38 days 3,064 sqft
    2018-10-01 39 days 3,035 sqft
    2018-11-01 46 days 3,065 sqft
    2018-12-01 58 days 3,016 sqft
    2019-01-01 60 days 2,969 sqft
    2019-02-01 41 days 2,926 sqft
    2019-03-01 43 days 3,025 sqft
    2019-04-01 38 days 3,080 sqft
    2019-05-01 41 days 3,094 sqft
    2019-06-01 41 days 3,034 sqft
    2019-07-01 44 days 2,943 sqft
    2019-08-01 44 days 2,896 sqft
    2019-09-01 46 days 2,839 sqft
    2019-10-01 44 days 2,879 sqft
    2019-11-01 47 days 2,913 sqft
    2019-12-01 59 days 2,899 sqft
    2020-01-01 67 days 3,052 sqft
    2020-02-01 45 days 3,120 sqft
    2020-03-01 33 days 3,169 sqft
    2020-04-01 37 days 2,979 sqft
    2020-05-01 43 days 2,935 sqft
    2020-06-01 43 days 2,907 sqft
    2020-07-01 42 days 2,934 sqft
    2020-08-01 42 days 2,910 sqft
    2020-09-01 41 days 2,809 sqft
    2020-10-01 40 days 2,851 sqft
    2020-11-01 47 days 2,735 sqft
    2020-12-01 55 days 2,669 sqft
    2021-01-01 70 days 2,687 sqft
    2021-02-01 41 days 2,750 sqft
    2021-03-01 28 days 2,682 sqft
    2021-04-01 30 days 2,624 sqft
    2021-05-01 30 days 2,664 sqft
    2021-06-01 31 days 2,575 sqft
    2021-07-01 28 days 2,584 sqft
    2021-08-01 31 days 2,578 sqft
    2021-09-01 36 days 2,531 sqft
    2021-10-01 36 days 2,516 sqft
    2021-11-01 37 days 2,513 sqft
    2021-12-01 41 days 2,500 sqft
    2022-01-01 44 days 2,494 sqft
    2022-02-01 36 days 2,512 sqft
    2022-03-01 27 days 2,572 sqft
    2022-04-01 28 days 2,730 sqft
    2022-05-01 22 days 2,829 sqft
    2022-06-01 22 days 2,859 sqft
    2022-07-01 29 days 2,806 sqft
    2022-08-01 36 days 2,728 sqft
    Greeley's median listing age (time on market) for 2022-08-01 was 36 days. This is 15% longer than the same period one year ago.

    Greeley's median square footage for active listings during the 2022-08-01 period was 2,728 sqft. One year prior, the average listing was 2,578 sqft.