Greenville USDA Loans

GREENVILLE-ANDERSON, SC

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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.

    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.