Greenville USDA Loan Rates, Closing Costs & Stats

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 64 lenders originated 188 USDA loans during 2023. The total origination value was $42,780,000, with an average USDA loan value of $227,553.

Greenville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Greenville averaged 6.5% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Greenville's average USDA mortgage closing costs are $5,529.

The average rate for the prior week (2024-04-05) was 6.43% and one month ago for the week of 2024-03-08, the average rate was 6.29%.

The average rate one year ago was 6.1%.

For refis of the same type during the week of 2024-04-12, the average rate was 7%.

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/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Greenville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 22 6.61% $8,217
CARDINAL FINANCIAL 14 6.30% $6,749
DHI MORTGAGE COMPANY, LTD. 9 5.13% $6,053
PRIMELENDING, A PLAINSCAPITAL COMPANY 9 6.29% $10,389
Sierra Pacific Mortgage Company, Inc. 9 5.75% $9,600
UNITED WHOLESALE MORTGAGE, LLC 9 6.12% $10,297
NVR Mortgage Finance, Inc. 6 6.21% $9,996
ACOPIA, LLC 5 5.94% $10,738
ON Q FINANCIAL, INC. 5 6.85% $8,246
CROSSCOUNTRY MORTGAGE, LLC 5 6.28% $8,505
EAGLE HOME MORTGAGE, LLC 4 6.41% $11,403
FBC MORTGAGE, LLC 4 5.28% $8,628
Renasant Bank 4 6.38% $7,886
HOMESIDE FINANCIAL, LLC 3 6.25% $8,393
MOVEMENT MORTGAGE, LLC 3 7.00% $9,525
Paramount Residential Mortgage Group, Inc. 3 6.25% $6,527
Princeton Mortgage Corporation 3 6.62% $6,434
Century Mortgage Company DBA Century Lending Company 3 6.16% $6,654
Southern First Bank 3 6.46% $5,914
UNION HOME MORTGAGE CORP. 3 6.96% $6,933
American Mortgage & Equity Consultants, Inc. 3 6.04% $9,546
HOMESTAR FINANCIAL CORPORATION 3 7.08% $4,633
AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.50% $9,473
GUARANTEED RATE, INC. 2 6.31% $7,085
SOUTHPOINT FINANCIAL SERVICES, INC. 2 5.94% $2,833
South State Bank 2 6.25% $10,216
Countybank 2 6.69% $5,492
GUILD MORTGAGE COMPANY 2 6.31% $8,089
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.88% $9,637
HOWARD HANNA FINANCIAL SERVICES, INC. 2 6.75% $6,129
RESOURCE FINANCIAL SERVICES, INC. 2 6.81% $5,842
Ameris Bank 2 6.06% $8,941
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 7.13% $8,535
First Reliance Bank 2 6.25% $7,168
MORTGAGE INVESTORS GROUP, INC. 1 5.25% $8,921
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.50% $5,306
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.75% $8,224
Bank of England 1 6.75% $9,664
BROKER SOLUTIONS, INC. 1 5.25% $14,833
CHURCHILL MORTGAGE CORPORATION 1 8.13% $6,941
CMG MORTGAGE, INC. 1 6.63% $8,019
DELMAR FINANCIAL COMPANY 1 6.88% $6,938
Equity Prime Mortgage LLC 1 5.88% $13,162
EVERETT FINANCIAL, INC. 1 6.50% $13,237
First-Citizens Bank & Trust Company 1 5.50% $6,011
FIRST HOME MORTGAGE CORPORATION 1 6.13% $9,330
First Horizon Bank 1 6.13% $6,379
FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 7.25% $3,167
Flagstar Bank, FSB 1 6.25% $5,557
GUARANTEED RATE AFFINITY, LLC 1 6.18% $7,159
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $8,223
KELLER MORTGAGE, LLC 1 5.13% $7,116
Keystone Funding, Inc. 1 6.99% $8,155
LIBERTY HOME MORTGAGE CORPORATION 1 6.25% $2,259
Magnolia Bank 1 5.63% $6,962
1ST SIGNATURE LENDING, LLC 1 6.38% $14,825
Neighborhood Loans, Inc. 1 7.75% $7,284
Network Funding, L.P. 1 6.88% $8,200
RAPID MORTGAGE COMPANY 1 7.00% $8,284
ROYAL UNITED MORTGAGE LLC 1 7.13% $6,726
SeaTrust Mortgage Company 1 7.75% $9,159
Servion, Inc. 1 5.38% $7,910
Truist 1 5.75% $6,425
United Community Bank 1 6.13% $6,330

The top Greenville USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 22 USDA loans originated. Their average total fees are $8,217, which is $1,468 higher than the next largest lender, CARDINAL FINANCIAL.

The lowest fee Greenville USDA lenders (with over 10 loans originated) are CARDINAL FINANCIAL ($6,749), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($8,217), .

The lowest rate Greenville USDA lenders (with over 10 loans originated) are CARDINAL FINANCIAL (6.30%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.61%), .


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 $269,410 (3.8%) $352,368 (1.6%) 1.00 3,079
2018-02-01 $269,950 (3.9%) $366,949 (5.6%) 0.98 3,082
2018-03-01 $274,850 (3.7%) $370,402 (4.4%) 0.96 3,137
2018-04-01 $275,150 (2.5%) $375,675 (3.3%) 0.93 3,263
2018-05-01 $274,600 (1.7%) $379,079 (4.8%) 0.92 3,371
2018-06-01 $278,711 (1.5%) $383,191 (4.5%) 0.93 3,455
2018-07-01 $275,000 (0.0%) $378,803 (3.0%) 0.92 3,471
2018-08-01 $273,950 (0.1%) $380,093 (3.8%) 0.92 3,443
2018-09-01 $265,452 (-1.7%) $374,424 (3.6%) 0.89 3,561
2018-10-01 $263,910 (-2.2%) $372,107 (1.9%) 0.89 3,616
2018-11-01 $264,700 (-1.9%) $374,014 (2.4%) 0.90 3,532
2018-12-01 $260,000 (-3.4%) $366,897 (1.8%) 0.90 3,426
2019-01-01 $264,675 (-1.8%) $368,479 (4.6%) 0.91 3,228
2019-02-01 $264,790 (-1.9%) $369,569 (0.7%) 0.89 3,146
2019-03-01 $275,814 (0.4%) $379,834 (2.6%) 0.90 3,069
2019-04-01 $284,575 (3.4%) $389,534 (3.7%) 0.90 3,032
2019-05-01 $286,007 (4.2%) $395,112 (4.2%) 0.89 3,188
2019-06-01 $284,777 (2.2%) $396,193 (3.4%) 0.89 3,329
2019-07-01 $280,746 (2.1%) $400,490 (5.7%) 0.88 3,512
2019-08-01 $278,636 (1.7%) $397,866 (4.7%) 0.88 3,504
2019-09-01 $276,591 (4.2%) $393,610 (5.1%) 0.89 3,503
2019-10-01 $275,227 (4.3%) $391,577 (5.2%) 0.89 3,490
2019-11-01 $274,900 (3.9%) $393,132 (5.1%) 0.90 3,392
2019-12-01 $269,900 (3.8%) $386,736 (5.4%) 0.90 3,206
2020-01-01 $269,713 (1.9%) $386,124 (4.8%) 0.90 3,063
2020-02-01 $276,500 (4.4%) $400,282 (8.3%) 0.91 2,891
2020-03-01 $279,900 (1.5%) $408,366 (7.5%) 0.88 2,902
2020-04-01 $279,948 (-1.6%) $405,230 (4.0%) 0.88 3,000
2020-05-01 $285,945 (0.0%) $418,816 (6.0%) 0.87 2,910
2020-06-01 $298,081 (4.7%) $434,790 (9.7%) 0.88 2,572
2020-07-01 $290,000 (3.3%) $432,670 (8.0%) 0.84 2,471
2020-08-01 $290,500 (4.3%) $441,344 (10.9%) 0.83 2,310
2020-09-01 $290,278 (5.0%) $445,756 (13.3%) 0.83 2,131
2020-10-01 $284,845 (3.5%) $431,507 (10.2%) 0.82 2,102
2020-11-01 $279,900 (1.8%) $417,233 (6.1%) 0.82 2,104
2020-12-01 $276,745 (2.5%) $411,745 (6.5%) 0.82 1,948
2021-01-01 $277,323 (2.8%) $418,833 (8.5%) 0.83 1,699
2021-02-01 $283,745 (2.6%) $432,977 (8.2%) 0.83 1,466
2021-03-01 $296,320 (5.9%) $454,798 (11.4%) 0.84 1,246
2021-04-01 $312,425 (11.6%) $479,286 (18.3%) 0.85 1,098
2021-05-01 $304,618 (6.5%) $498,294 (19.0%) 0.81 1,007
2021-06-01 $319,000 (7.0%) $501,274 (15.3%) 0.84 1,071
2021-07-01 $318,876 (10.0%) $491,126 (13.5%) 0.84 1,254
2021-08-01 $341,775 (17.7%) $511,640 (15.9%) 0.91 1,304
2021-09-01 $347,576 (19.7%) $515,943 (15.8%) 0.93 1,308
2021-10-01 $335,783 (17.9%) $506,234 (17.3%) 0.90 1,309
2021-11-01 $330,000 (17.9%) $505,112 (21.1%) 0.88 1,241
2021-12-01 $330,358 (19.4%) $500,326 (21.5%) 0.89 1,182
2022-01-01 $329,000 (18.6%) $499,531 (19.3%) 0.89 1,035
2022-02-01 $345,000 (21.6%) $509,991 (17.8%) 0.90 862
2022-03-01 $342,425 (15.6%) $510,853 (12.3%) 0.86 821
2022-04-01 $353,655 (13.2%) $511,866 (6.8%) 0.84 860
2022-05-01 $356,787 (17.1%) $509,279 (2.2%) 0.82 1,101
2022-06-01 $355,787 (11.5%) $491,691 (-1.9%) 0.79 1,383
2022-07-01 $354,900 (11.3%) $488,240 (-0.6%) 0.80 1,787
2022-08-01 $352,541 (3.2%) $487,079 (-4.8%) 0.82 1,931
2022-09-01 $349,925 (0.7%) $479,157 (-7.1%) 0.82 2,037
2022-10-01 $345,788 (3.0%) $477,076 (-5.8%) 0.81 2,286
2022-11-01 $342,706 (3.9%) $475,314 (-5.9%) 0.82 2,425
2022-12-01 $339,900 (2.9%) $471,825 (-5.7%) 0.84 2,262
2023-01-01 $336,950 (2.4%) $462,757 (-7.4%) 0.83 2,050
2023-02-01 $335,900 (-2.6%) $465,163 (-8.8%) 0.81 1,986
2023-03-01 $336,975 (-1.6%) $474,638 (-7.1%) 0.79 1,902
2023-04-01 $348,900 (-1.3%) $511,321 (-0.1%) 0.81 1,740
2023-05-01 $349,950 (-1.9%) $523,783 (2.9%) 0.79 1,733
2023-06-01 $352,450 (-0.9%) $538,858 (9.6%) 0.79 1,793
2023-07-01 $357,500 (0.7%) $531,305 (8.8%) 0.81 1,879
2023-08-01 $351,750 (-0.2%) $519,384 (6.6%) 0.81 1,974
2023-09-01 $359,900 (2.9%) $527,281 (10.0%) 0.84 2,038
2023-10-01 $359,950 (4.1%) $524,147 (9.9%) 0.85 2,187
2023-11-01 $362,350 (5.7%) $532,633 (12.1%) 0.86 2,234
2023-12-01 $359,000 (5.6%) $527,612 (11.8%) 0.88 2,121
2024-01-01 $358,651 (6.4%) $526,132 (13.7%) 0.88 2,079
2024-02-01 $357,125 (6.3%) $512,741 (10.2%) 0.86 2,017
2024-03-01 $355,000 (5.4%) $508,729 (7.2%) 0.84 2,121
Greenville's median listing price for 2024-03-01 was $355,000, a difference of $18,025 (5.4%) versus the prior year and $-2,125 versus the prior month.

Greenville's median listing price comes in at 84% of the national average.

Greenville's average listing price for 2024-03-01 was $508,729, a difference of $34,091 (7.2%) versus the prior year and $-4,012 versus the prior month.

For the 2024-03-01 period, Greenville had 2,121 MLS listings, a difference of 104 listings (5%) versus the prior month and 219 listings (12%) 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 81 days 2,146 sqft
2018-02-01 76 days 2,149 sqft
2018-03-01 57 days 2,301 sqft
2018-04-01 52 days 2,338 sqft
2018-05-01 51 days 2,282 sqft
2018-06-01 55 days 2,266 sqft
2018-07-01 60 days 2,243 sqft
2018-08-01 65 days 2,206 sqft
2018-09-01 64 days 2,153 sqft
2018-10-01 64 days 2,131 sqft
2018-11-01 68 days 2,125 sqft
2018-12-01 77 days 2,100 sqft
2019-01-01 86 days 2,096 sqft
2019-02-01 82 days 2,077 sqft
2019-03-01 70 days 2,132 sqft
2019-04-01 56 days 2,198 sqft
2019-05-01 51 days 2,210 sqft
2019-06-01 54 days 2,183 sqft
2019-07-01 54 days 2,193 sqft
2019-08-01 57 days 2,134 sqft
2019-09-01 61 days 2,108 sqft
2019-10-01 65 days 2,094 sqft
2019-11-01 67 days 2,099 sqft
2019-12-01 77 days 2,079 sqft
2020-01-01 79 days 2,095 sqft
2020-02-01 73 days 2,117 sqft
2020-03-01 61 days 2,175 sqft
2020-04-01 60 days 2,180 sqft
2020-05-01 64 days 2,204 sqft
2020-06-01 70 days 2,238 sqft
2020-07-01 58 days 2,239 sqft
2020-08-01 52 days 2,242 sqft
2020-09-01 51 days 2,089 sqft
2020-10-01 52 days 2,050 sqft
2020-11-01 53 days 1,998 sqft
2020-12-01 59 days 1,991 sqft
2021-01-01 68 days 1,972 sqft
2021-02-01 55 days 1,919 sqft
2021-03-01 51 days 1,888 sqft
2021-04-01 50 days 1,954 sqft
2021-05-01 40 days 1,915 sqft
2021-06-01 37 days 1,916 sqft
2021-07-01 33 days 1,957 sqft
2021-08-01 37 days 2,007 sqft
2021-09-01 44 days 2,013 sqft
2021-10-01 44 days 1,944 sqft
2021-11-01 45 days 1,901 sqft
2021-12-01 49 days 1,934 sqft
2022-01-01 54 days 1,931 sqft
2022-02-01 40 days 1,956 sqft
2022-03-01 37 days 1,957 sqft
2022-04-01 34 days 1,877 sqft
2022-05-01 32 days 2,010 sqft
2022-06-01 32 days 1,949 sqft
2022-07-01 34 days 2,000 sqft
2022-08-01 41 days 1,965 sqft
2022-09-01 45 days 2,015 sqft
2022-10-01 46 days 2,142 sqft
2022-11-01 51 days 2,151 sqft
2022-12-01 64 days 2,007 sqft
2023-01-01 75 days 1,949 sqft
2023-02-01 65 days 1,914 sqft
2023-03-01 51 days 1,926 sqft
2023-04-01 47 days 2,037 sqft
2023-05-01 43 days 2,058 sqft
2023-06-01 44 days 2,076 sqft
2023-07-01 43 days 2,100 sqft
2023-08-01 44 days 2,019 sqft
2023-09-01 44 days 2,080 sqft
2023-10-01 44 days 2,081 sqft
2023-11-01 46 days 2,112 sqft
2023-12-01 56 days 2,178 sqft
2024-01-01 63 days 2,167 sqft
2024-02-01 48 days 2,135 sqft
2024-03-01 42 days 2,175 sqft
Greenville's median listing age (time on market) for 2024-03-01 was 42 days. This is -17% shorter than the same period one year ago.

Greenville's median square footage for active listings during the 2024-03-01 period was 2,175 sqft. One year prior, the average listing was 1,926 sqft.