Greenville USDA Loans

GREENVILLE-ANDERSON, SC

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.

Greenville's 95 lenders originated 687 USDA loans during 2021. The total origination value was $135,805,000, with an average USDA loan value of $197,678.

Greenville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Greenville averaged 5.52% 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 5.56% and one month ago for the week of 2022-04-08, the average rate was 5.02%.

The average rate one year ago was 3.23%.

For refis of the same type during the week of 2022-05-13, the average rate was 5.21%.

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

Greenville 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 Greenville level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
MOVEMENT MORTGAGE, LLC 54 2.98% $5,610
PRIMELENDING, A PLAINSCAPITAL COMPANY 47 3.28% $5,953
NVR Mortgage Finance, Inc. 43 3.07% $5,655
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 30 3.08% $6,835
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 28 3.11% $5,969
HOMESTAR FINANCIAL CORPORATION 26 3.05% $3,446
DHI MORTGAGE COMPANY, LTD. 23 2.67% $5,551
Renasant Bank 22 2.90% $9,319
ON Q FINANCIAL, INC. 21 3.17% $5,509
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 19 3.09% $6,683
Ameris Bank 17 2.86% $5,183
Flagstar Bank, FSB 15 2.71% $4,570
LENDUS, LLC 15 3.18% $5,957
Alcova Mortgage LLC 15 3.08% $3,344
Network Funding, L.P. 13 3.02% $5,754
ACOPIA, LLC 12 2.93% $6,163
Sierra Pacific Mortgage Company, Inc. 12 2.84% $5,100
APEX HOME LOANS, INC. 11 2.74% $6,065
South State Bank 11 2.66% $5,160
Paramount Residential Mortgage Group, Inc. 10 3.05% $5,885
HOMEBRIDGE FINANCIAL SERVICES, INC. 10 2.98% $7,675
Countybank 9 2.86% $4,916
HOMESIDE FINANCIAL, LLC 9 3.31% $8,197
INTERLINC MORTGAGE SERVICES, LLC 7 2.80% $2,820
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 7 3.50% $5,777
SUCCESS MORTGAGE PARTNERS, INC. 7 2.95% $5,734
VANDERBILT MORTGAGE AND FINANCE, INC. 7 2.91% $5,926
ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 3.29% $5,028
Wells Fargo Bank 6 3.38% $3,353
GENEVA FINANCIAL, LLC 6 2.85% $6,407
GUILD MORTGAGE COMPANY 6 3.00% $6,318
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 3.67% $5,997
Equity Prime Mortgage LLC 6 3.35% $7,250
Carrington Mortgage Services, LLC 5 4.75% $6,258
PENNYMAC LOAN SERVICES, LLC 5 2.85% $5,686
UNITED WHOLESALE MORTGAGE, LLC 5 2.85% $7,777
HANCOCK MORTGAGE PARTNERS, LLC 5 3.40% $6,275
LOANDEPOT.COM, LLC 4 2.94% $7,476
Bank of England 4 2.66% $6,296
Truist Bank 4 2.78% $4,700
Colten Mortgage, LLC 4 2.59% $4,168
SOUTHWEST FUNDING, LP 4 4.06% $6,047
SOUTHPOINT FINANCIAL SERVICES, INC. 4 3.13% $5,289
HOMEOWNERS FINANCIAL GROUP USA, LLC 4 3.09% $5,367
HOME POINT FINANCIAL CORPORATION 4 2.63% $5,439
INSPIRE HOME LOANS INC. 4 3.22% $4,959
United Community Bank 3 3.75% $4,137
First Guaranty Mortgage Corporation 3 3.08% $5,768
Allen Tate Mortgage Partners, LLC 3 2.79% $4,690
RAPID MORTGAGE COMPANY 3 3.46% $6,105
Magnolia Bank 3 2.88% $5,210
CROSSCOUNTRY MORTGAGE, LLC 3 3.04% $3,766
CONTOUR MORTGAGE CORPORATION 3 3.25% $5,312
TOWNE MORTGAGE COMPANY 3 3.29% $5,703
GUARANTEED RATE, INC. 3 2.71% $5,303
First Reliance Bank 3 2.92% $4,155
BROKER SOLUTIONS, INC. 3 3.17% $5,209
STEARNS LENDING, LLC 2 2.50% $4,077
CRESCENT MORTGAGE COMPANY 2 2.63% $5,399
FINANCE OF AMERICA MORTGAGE LLC 2 3.63% $6,162
First Community Bank 2 2.69% $4,355
First Savings Bank 2 2.69% $4,343
GUARANTY HOME MORTGAGE CORPORATION 2 2.75% $4,966
LAKEVIEW LOAN SERVICING, LLC 2 3.06% $3,590
LEADERONE FINANCIAL CORPORATION 2 2.94% $5,050
NATIONS DIRECT MORTGAGE, LLC 2 3.12% $4,456
NP, Inc. 2 3.06% $4,978
Southern First Bank 2 2.38% $4,327
SWBC MORTGAGE CORPORATION 2 3.44% $4,943
MORIA DEVELOPMENT, INC. 1 3.50% $6,093
MILEND, INC. 1 3.38% $7,615
PNC Bank 1 2.75% $5,329
MID AMERICA MORTGAGE, INC. 1 3.75% $3,298
KELLER MORTGAGE, LLC 1 2.75% $5,351
HomeTrust Bank 1 2.88% $5,651
FREEDOM MORTGAGE CORPORATION 1 3.00% $5,356
RESIDENTIAL HOME FUNDING CORP. 1 3.50% $5,606
RESOURCE FINANCIAL SERVICES, INC. 1 2.75% $4,902
First Option Mortgage, LLC 1 2.88% $4,629
AMERICAN FINANCIAL NETWORK, INC. 1 2.25% $6,609
First Federal Bank of Kansas City 1 2.88% $6,553
First Bank 1 2.25% $6,563
ENVOY MORTGAGE, LTD 1 2.88% $6,910
1ST PREFERENCE MORTGAGE CORP. 1 3.00% $6,593
EAGLE HOME MORTGAGE, LLC 1 2.75% $5,770
Willamette Valley Bank 1 3.25% $6,604
TD Bank 1 3.00% $3,582
CALIBER HOME LOANS, INC. 1 2.50% $6,065
Blue Ridge Bank 1 2.75% $5,038
United Bank 1 2.75% $3,864
BANKSOUTH MORTGAGE COMPANY, LLC 1 2.38% $5,264
ANGEL OAK HOME LOANS LLC 1 3.00% $6,848
Amerifirst Financial, Inc. 1 3.25% $3,710
NEWREZ LLC 1 2.25% $3,101
Mortgage Research Center, LLC 1 2.25% $5,274

The top Greenville USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 54 USDA loans originated. Their average total fees are $5,610, which is $343 lower than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

The lowest fee Greenville USDA lenders (with over 10 loans originated) are Alcova Mortgage LLC ($3,344), HOMESTAR FINANCIAL CORPORATION ($3,446), Flagstar Bank, FSB ($4,570), Sierra Pacific Mortgage Company, Inc. ($5,100) and South State Bank ($5,160).

The lowest rate Greenville USDA lenders (with over 10 loans originated) are South State Bank (2.66%), DHI MORTGAGE COMPANY, LTD. (2.67%), Flagstar Bank, FSB (2.71%), APEX HOME LOANS, INC. (2.74%) and Sierra Pacific Mortgage Company, Inc. (2.84%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Greenville (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 $265,400 (5.6%) $344,035 (2.0%) 0.98 3,623
2018-02-01 $268,995 (5.7%) $357,626 (5.8%) 0.97 3,630
2018-03-01 $270,000 (3.9%) $361,883 (6.0%) 0.93 3,655
2018-04-01 $274,700 (3.9%) $369,997 (4.5%) 0.92 3,790
2018-05-01 $273,990 (3.4%) $373,140 (6.4%) 0.91 3,907
2018-06-01 $275,161 (2.8%) $375,800 (6.6%) 0.92 4,001
2018-07-01 $274,950 (2.2%) $370,407 (4.1%) 0.92 4,032
2018-08-01 $273,750 (2.0%) $371,372 (4.9%) 0.91 3,987
2018-09-01 $264,966 (-1.1%) $366,227 (4.3%) 0.89 4,177
2018-10-01 $261,293 (-3.1%) $363,675 (2.6%) 0.87 4,227
2018-11-01 $263,094 (-1.8%) $364,549 (3.3%) 0.88 4,137
2018-12-01 $259,965 (-1.9%) $359,904 (3.5%) 0.89 4,003
2019-01-01 $262,445 (-1.1%) $361,972 (5.2%) 0.91 3,747
2019-02-01 $264,825 (-1.6%) $363,825 (1.7%) 0.89 3,617
2019-03-01 $273,714 (1.4%) $372,553 (3.0%) 0.89 3,543
2019-04-01 $280,484 (2.1%) $381,775 (3.2%) 0.88 3,501
2019-05-01 $282,450 (3.1%) $385,929 (3.4%) 0.87 3,666
2019-06-01 $279,900 (1.7%) $386,504 (2.9%) 0.86 3,901
2019-07-01 $275,675 (0.3%) $389,895 (5.3%) 0.86 4,091
2019-08-01 $274,963 (0.4%) $385,790 (3.9%) 0.87 4,060
2019-09-01 $269,057 (1.5%) $375,657 (2.6%) 0.85 4,038
2019-10-01 $270,950 (3.7%) $381,804 (5.0%) 0.86 4,122
2019-11-01 $269,900 (2.6%) $383,155 (5.1%) 0.87 4,071
2019-12-01 $265,000 (1.9%) $374,505 (4.1%) 0.88 3,804
2020-01-01 $267,400 (1.9%) $374,125 (3.4%) 0.89 3,603
2020-02-01 $272,500 (2.9%) $386,126 (6.1%) 0.88 3,371
2020-03-01 $276,395 (1.0%) $398,427 (7.0%) 0.86 3,386
2020-04-01 $279,250 (-0.4%) $401,430 (5.2%) 0.87 3,466
2020-05-01 $284,681 (0.8%) $417,193 (8.1%) 0.86 3,327
2020-06-01 $290,495 (3.8%) $429,143 (11.0%) 0.85 2,952
2020-07-01 $287,458 (4.3%) $431,994 (10.8%) 0.82 2,827
2020-08-01 $289,900 (5.4%) $440,582 (14.2%) 0.83 2,667
2020-09-01 $289,950 (7.8%) $440,748 (17.3%) 0.83 2,482
2020-10-01 $285,000 (5.2%) $429,500 (12.5%) 0.81 2,437
2020-11-01 $281,517 (4.3%) $415,924 (8.6%) 0.81 2,426
2020-12-01 $278,532 (5.1%) $411,796 (10.0%) 0.82 2,286
2021-01-01 $274,445 (2.6%) $412,740 (10.3%) 0.81 1,998
2021-02-01 $278,845 (2.3%) $420,561 (8.9%) 0.80 1,726
2021-03-01 $294,000 (6.4%) $435,950 (9.4%) 0.82 1,433
2021-04-01 $303,495 (8.7%) $458,085 (14.1%) 0.82 1,271
2021-05-01 $299,990 (5.4%) $467,747 (12.1%) 0.79 1,151
2021-06-01 $311,956 (7.4%) $477,625 (11.3%) 0.81 1,199
2021-07-01 $313,331 (9.0%) $471,479 (9.1%) 0.81 1,406
2021-08-01 $328,850 (13.4%) $481,668 (9.3%) 0.86 1,525
2021-09-01 $325,495 (12.3%) $466,138 (5.8%) 0.86 1,558
2021-10-01 $327,000 (14.7%) $469,410 (9.3%) 0.86 1,527
2021-11-01 $325,000 (15.5%) $466,783 (12.2%) 0.86 1,470
2021-12-01 $319,547 (14.7%) $469,371 (14.0%) 0.85 1,390
2022-01-01 $317,990 (15.9%) $465,553 (12.8%) 0.85 1,171
2022-02-01 $333,580 (19.6%) $489,925 (16.5%) 0.85 975
2022-03-01 $335,480 (14.1%) $500,747 (14.9%) 0.83 913
2022-04-01 $349,500 (15.2%) $495,605 (8.2%) 0.82 966
Greenville's median listing price for 2022-04-01 was $349,500, a difference of $46,005 (15.2%) versus the prior year and $14,020 versus the prior month.

Greenville's median listing price comes in at 82% of the national average.

Greenville's average listing price for 2022-04-01 was $495,605, a difference of $37,520 (8.2%) versus the prior year and $-5,142 versus the prior month.

For the 2022-04-01 period, Greenville had 966 MLS listings, a difference of 53 listings (6%) versus the prior month and -305 listings (-24%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Greenville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 82 days 2,447 sqft
2018-02-01 79 days 2,452 sqft
2018-03-01 63 days 2,320 sqft
2018-04-01 61 days 2,386 sqft
2018-05-01 56 days 2,383 sqft
2018-06-01 60 days 2,400 sqft
2018-07-01 66 days 2,342 sqft
2018-08-01 70 days 2,279 sqft
2018-09-01 68 days 2,231 sqft
2018-10-01 67 days 2,206 sqft
2018-11-01 71 days 2,149 sqft
2018-12-01 81 days 2,100 sqft
2019-01-01 91 days 2,100 sqft
2019-02-01 89 days 2,088 sqft
2019-03-01 69 days 2,176 sqft
2019-04-01 59 days 2,252 sqft
2019-05-01 55 days 2,239 sqft
2019-06-01 57 days 2,219 sqft
2019-07-01 57 days 2,235 sqft
2019-08-01 59 days 2,209 sqft
2019-09-01 65 days 2,191 sqft
2019-10-01 66 days 2,172 sqft
2019-11-01 67 days 2,200 sqft
2019-12-01 76 days 2,135 sqft
2020-01-01 82 days 2,130 sqft
2020-02-01 80 days 2,144 sqft
2020-03-01 64 days 2,229 sqft
2020-04-01 64 days 2,264 sqft
2020-05-01 70 days 2,272 sqft
2020-06-01 77 days 2,281 sqft
2020-07-01 64 days 2,286 sqft
2020-08-01 58 days 2,225 sqft
2020-09-01 57 days 2,099 sqft
2020-10-01 57 days 2,089 sqft
2020-11-01 56 days 2,078 sqft
2020-12-01 65 days 2,071 sqft
2021-01-01 71 days 1,957 sqft
2021-02-01 63 days 1,941 sqft
2021-03-01 55 days 1,846 sqft
2021-04-01 55 days 1,960 sqft
2021-05-01 45 days 2,060 sqft
2021-06-01 43 days 2,123 sqft
2021-07-01 37 days 2,103 sqft
2021-08-01 40 days 2,207 sqft
2021-09-01 44 days 2,150 sqft
2021-10-01 49 days 1,995 sqft
2021-11-01 49 days 1,905 sqft
2021-12-01 51 days 1,984 sqft
2022-01-01 57 days 2,000 sqft
2022-02-01 46 days 1,953 sqft
2022-03-01 39 days 1,924 sqft
2022-04-01 36 days 1,956 sqft
Greenville's median listing age (time on market) for 2022-04-01 was 36 days. This is -34% shorter than the same period one year ago.

Greenville's median square footage for active listings during the 2022-04-01 period was 1,956 sqft. One year prior, the average listing was 1,960 sqft.