Greeley USDA Loans

GREELEY, CO

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 5.19% for the week of 2022-05-20, compared to the national average (all USDA variants) of 5.315% for the same period.

The average rate for the prior week (2022-05-13) was 5.48% and one month ago for the week of 2022-04-15, the average rate was 4.77%.

The average rate one year ago was 2.92%.

For refis of the same type during the week of 2022-05-20, the average rate was 5.2%.

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 .