Greenville USDA Loan Rates, Closing Costs & Stats

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 73 lenders originated 293 USDA loans during 2022. The total origination value was $60,335,000, with an average USDA loan value of $205,922.

    Greenville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Greenville averaged 6.16% for the week of 2023-03-17, compared to the national average (all USDA variants) of 6.497% for the same period.

    Greenville's average USDA mortgage closing costs are $5,373.

    The average rate for the prior week (2023-03-10) was 5.98% and one month ago for the week of 2023-02-10, the average rate was 5.54%.

    The average rate one year ago was 3.73%.

    For refis of the same type during the week of 2023-03-17, the average rate was 5.27%.

    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    PRIMELENDING, A PLAINSCAPITAL COMPANY 20 4.64% $8,229
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 4.77% $6,745
    MOVEMENT MORTGAGE, LLC 14 4.96% $6,391
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 13 4.16% $8,783
    HOMESTAR FINANCIAL CORPORATION 12 4.86% $4,402
    ON Q FINANCIAL, INC. 12 4.68% $6,151
    PENNYMAC LOAN SERVICES, LLC 11 3.19% $5,596
    NVR Mortgage Finance, Inc. 10 4.10% $10,011
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 10 4.48% $5,946
    Sierra Pacific Mortgage Company, Inc. 9 4.49% $6,441
    HOME POINT FINANCIAL CORPORATION 9 3.90% $5,214
    Ameris Bank 9 4.67% $5,929
    Paramount Residential Mortgage Group, Inc. 8 4.69% $6,525
    UNITED WHOLESALE MORTGAGE, LLC 8 5.00% $7,428
    Alcova Mortgage LLC 8 4.44% $6,355
    ACOPIA, LLC 8 4.66% $7,398
    HANCOCK MORTGAGE PARTNERS, LLC 7 4.54% $6,937
    Renasant Bank 7 4.39% $10,212
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 5.04% $7,144
    Flagstar Bank, FSB 6 5.10% $7,513
    Carrington Mortgage Services, LLC 4 5.06% $11,754
    SUCCESS MORTGAGE PARTNERS, INC. 4 3.97% $6,926
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 4 4.75% $8,611
    DHI MORTGAGE COMPANY, LTD. 4 3.56% $7,679
    First Community Bank 3 4.79% $8,334
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 5.33% $8,232
    APEX HOME LOANS, INC. 3 3.54% $8,526
    FINANCE OF AMERICA MORTGAGE LLC 3 4.63% $7,195
    United Community Bank 3 3.25% $5,651
    GUILD MORTGAGE COMPANY 2 4.81% $6,111
    First Savings Bank 2 3.81% $7,502
    Hometown Lenders, Inc. 2 4.63% $8,973
    SOUTHWEST FUNDING, LP 2 5.75% $8,734
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 3.88% $7,378
    HomeTrust Bank 2 5.00% $5,512
    INSPIRE HOME LOANS INC. 2 5.00% $7,601
    LOANDEPOT.COM, LLC 2 5.13% $10,854
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.13% $10,644
    CONTOUR MORTGAGE CORPORATION 2 4.38% $5,811
    First Reliance Bank 2 3.31% $4,388
    MORTGAGE INVESTORS GROUP, INC. 1 6.13% $5,970
    Mortgage Research Center, LLC 1 5.25% $6,253
    CRESCENT MORTGAGE COMPANY 1 5.25% $6,928
    NTFN, INC. 1 6.13% $8,898
    Countybank 1 2.88% $3,761
    CERTAINTY HOME LOANS, LLC 1 3.50% $5,441
    Century Mortgage Company DBA Century Lending Company 1 6.13% $5,819
    PLAZA HOME MORTGAGE, INC. 1 5.13% $8,413
    CALIBER HOME LOANS, INC. 1 6.50% $7,674
    Princeton Mortgage Corporation 1 4.75% $6,248
    RAPID MORTGAGE COMPANY 1 6.13% $8,268
    BROKER SOLUTIONS, INC. 1 4.50% $9,798
    RESOURCE FINANCIAL SERVICES, INC. 1 5.00% $11,673
    Blue Ridge Bank 1 5.00% $8,795
    SOUTHERN TRUST MORTGAGE, LLC 1 3.50% $4,926
    South State Bank 1 6.25% $10,214
    BANKSOUTH MORTGAGE COMPANY, LLC 1 4.63% $9,830
    TD Bank 1 5.00% $4,416
    The Park National Bank 1 6.13% $5,556
    TJC Mortgage, Inc. 1 2.63% $6,396
    TOWNE MORTGAGE COMPANY 1 3.13% $7,670
    Allen Tate Mortgage Partners, LLC 1 3.63% $5,305
    First Palmetto Bank 1 5.13% $6,013
    Equity Prime Mortgage LLC 1 3.38% $5,150
    FREEDOM MORTGAGE CORPORATION 1 4.88% $7,492
    GENEVA FINANCIAL, LLC 1 5.63% $5,209
    GUARANTEED RATE, INC. 1 3.25% $4,170
    EAGLE HOME MORTGAGE, LLC 1 4.25% $8,730
    DIRECT MORTGAGE LOANS, LLC 1 4.00% $6,052
    CROSSCOUNTRY MORTGAGE, LLC 1 5.25% $5,642
    Magnolia Bank 1 3.25% $5,335
    MID AMERICA MORTGAGE, INC. 1 7.25% $3,532
    MIDLAND MORTGAGE CORPORATION 1 3.63% $2,827

    The top Greenville USDA lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with 20 USDA loans originated. Their average total fees are $8,229, which is $1,483 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Greenville USDA lenders (with over 10 loans originated) are HOMESTAR FINANCIAL CORPORATION ($4,402), PENNYMAC LOAN SERVICES, LLC ($5,596), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($5,946), ON Q FINANCIAL, INC. ($6,151) and MOVEMENT MORTGAGE, LLC ($6,391).

    The lowest rate Greenville USDA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.19%), NVR Mortgage Finance, Inc. (4.10%), CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP (4.16%), ARK-LA-TEX FINANCIAL SERVICES, LLC. (4.48%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (4.64%).

    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 $268,794 (3.7%) $352,118 (1.7%) 1.00 3,079
    2018-02-01 $269,950 (3.9%) $366,630 (5.6%) 0.98 3,082
    2018-03-01 $274,600 (3.6%) $370,112 (4.4%) 0.96 3,140
    2018-04-01 $274,950 (2.4%) $375,444 (3.2%) 0.93 3,266
    2018-05-01 $274,500 (1.7%) $378,904 (4.8%) 0.92 3,373
    2018-06-01 $278,711 (1.4%) $383,196 (4.5%) 0.93 3,456
    2018-07-01 $275,000 (0.0%) $378,809 (2.9%) 0.92 3,472
    2018-08-01 $273,950 (0.0%) $380,078 (3.8%) 0.92 3,443
    2018-09-01 $265,137 (-1.8%) $374,377 (3.5%) 0.89 3,563
    2018-10-01 $263,810 (-2.5%) $372,049 (1.8%) 0.89 3,617
    2018-11-01 $264,700 (-1.9%) $373,956 (2.4%) 0.90 3,532
    2018-12-01 $260,000 (-3.4%) $366,832 (1.8%) 0.90 3,426
    2019-01-01 $264,243 (-1.7%) $368,315 (4.6%) 0.91 3,229
    2019-02-01 $264,709 (-1.9%) $369,403 (0.8%) 0.89 3,148
    2019-03-01 $275,811 (0.4%) $379,541 (2.6%) 0.90 3,073
    2019-04-01 $284,700 (3.6%) $389,095 (3.6%) 0.90 3,038
    2019-05-01 $286,448 (4.4%) $395,219 (4.3%) 0.90 3,187
    2019-06-01 $284,622 (2.1%) $395,985 (3.3%) 0.89 3,332
    2019-07-01 $280,718 (2.1%) $400,479 (5.7%) 0.88 3,509
    2019-08-01 $278,636 (1.7%) $397,967 (4.7%) 0.88 3,499
    2019-09-01 $276,591 (4.3%) $393,745 (5.2%) 0.88 3,498
    2019-10-01 $275,615 (4.5%) $391,620 (5.3%) 0.89 3,485
    2019-11-01 $274,900 (3.9%) $393,042 (5.1%) 0.90 3,387
    2019-12-01 $269,900 (3.8%) $386,789 (5.4%) 0.90 3,197
    2020-01-01 $269,913 (2.2%) $386,363 (4.9%) 0.90 3,049
    2020-02-01 $276,150 (4.3%) $400,622 (8.5%) 0.90 2,872
    2020-03-01 $279,900 (1.5%) $408,674 (7.7%) 0.88 2,886
    2020-04-01 $279,900 (-1.7%) $405,306 (4.2%) 0.88 2,986
    2020-05-01 $285,500 (-0.3%) $419,113 (6.1%) 0.87 2,899
    2020-06-01 $298,000 (4.7%) $435,295 (9.9%) 0.88 2,558
    2020-07-01 $289,975 (3.3%) $433,102 (8.2%) 0.84 2,459
    2020-08-01 $290,000 (4.1%) $441,522 (10.9%) 0.83 2,297
    2020-09-01 $289,950 (4.8%) $445,746 (13.2%) 0.83 2,127
    2020-10-01 $283,293 (2.8%) $431,464 (10.2%) 0.81 2,103
    2020-11-01 $279,900 (1.8%) $417,267 (6.2%) 0.82 2,103
    2020-12-01 $276,695 (2.5%) $411,850 (6.5%) 0.82 1,945
    2021-01-01 $275,000 (1.9%) $420,084 (8.7%) 0.82 1,693
    2021-02-01 $283,247 (2.6%) $434,238 (8.4%) 0.82 1,463
    2021-03-01 $297,450 (6.3%) $454,912 (11.3%) 0.84 1,246
    2021-04-01 $313,048 (11.8%) $479,832 (18.4%) 0.85 1,099
    2021-05-01 $303,936 (6.5%) $497,743 (18.8%) 0.80 1,007
    2021-06-01 $318,825 (7.0%) $502,063 (15.3%) 0.84 1,071
    2021-07-01 $318,752 (9.9%) $492,093 (13.6%) 0.84 1,253
    2021-08-01 $342,000 (17.9%) $511,913 (15.9%) 0.91 1,304
    2021-09-01 $347,978 (20.0%) $516,142 (15.8%) 0.93 1,308
    2021-10-01 $337,900 (19.3%) $508,166 (17.8%) 0.90 1,304
    2021-11-01 $331,490 (18.4%) $505,660 (21.2%) 0.88 1,239
    2021-12-01 $329,950 (19.3%) $500,006 (21.4%) 0.89 1,183
    2022-01-01 $327,500 (19.1%) $498,350 (18.6%) 0.89 1,037
    2022-02-01 $345,000 (21.8%) $509,806 (17.4%) 0.90 866
    2022-03-01 $341,950 (15.0%) $510,586 (12.2%) 0.86 824
    2022-04-01 $352,495 (12.6%) $511,330 (6.6%) 0.84 863
    2022-05-01 $354,973 (16.8%) $507,766 (2.0%) 0.81 1,108
    2022-06-01 $354,500 (11.2%) $490,827 (-2.2%) 0.79 1,397
    2022-07-01 $352,610 (10.6%) $486,743 (-1.1%) 0.79 1,801
    2022-08-01 $350,496 (2.5%) $486,621 (-4.9%) 0.81 1,938
    2022-09-01 $349,800 (0.5%) $478,648 (-7.3%) 0.82 2,045
    2022-10-01 $345,245 (2.2%) $476,756 (-6.2%) 0.81 2,294
    2022-11-01 $342,505 (3.3%) $475,704 (-5.9%) 0.82 2,432
    2022-12-01 $339,900 (3.0%) $471,618 (-5.7%) 0.84 2,264
    2023-01-01 $337,000 (2.9%) $463,617 (-7.0%) 0.83 2,050
    2023-02-01 $335,900 (-2.6%) $465,727 (-8.7%) 0.81 1,986
    Greenville's median listing price for 2023-02-01 was $335,900, a difference of $-9,100 (-2.6%) versus the prior year and $-1,100 versus the prior month.

    Greenville's median listing price comes in at 81% of the national average.

    Greenville's average listing price for 2023-02-01 was $465,727, a difference of $-44,079 (-8.7%) versus the prior year and $2,110 versus the prior month.

    For the 2023-02-01 period, Greenville had 1,986 MLS listings, a difference of -64 listings (-3%) versus the prior month and 1,120 listings (129%) 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 87 days 2,184 sqft
    2018-02-01 82 days 2,200 sqft
    2018-03-01 65 days 2,371 sqft
    2018-04-01 61 days 2,400 sqft
    2018-05-01 58 days 2,364 sqft
    2018-06-01 61 days 2,340 sqft
    2018-07-01 67 days 2,331 sqft
    2018-08-01 73 days 2,305 sqft
    2018-09-01 72 days 2,220 sqft
    2018-10-01 71 days 2,185 sqft
    2018-11-01 74 days 2,146 sqft
    2018-12-01 85 days 2,130 sqft
    2019-01-01 94 days 2,119 sqft
    2019-02-01 93 days 2,093 sqft
    2019-03-01 78 days 2,155 sqft
    2019-04-01 62 days 2,217 sqft
    2019-05-01 56 days 2,242 sqft
    2019-06-01 58 days 2,212 sqft
    2019-07-01 59 days 2,216 sqft
    2019-08-01 62 days 2,176 sqft
    2019-09-01 66 days 2,145 sqft
    2019-10-01 70 days 2,133 sqft
    2019-11-01 73 days 2,139 sqft
    2019-12-01 81 days 2,101 sqft
    2020-01-01 85 days 2,120 sqft
    2020-02-01 82 days 2,174 sqft
    2020-03-01 66 days 2,199 sqft
    2020-04-01 65 days 2,204 sqft
    2020-05-01 70 days 2,238 sqft
    2020-06-01 78 days 2,249 sqft
    2020-07-01 65 days 2,230 sqft
    2020-08-01 59 days 2,249 sqft
    2020-09-01 58 days 2,111 sqft
    2020-10-01 58 days 2,053 sqft
    2020-11-01 56 days 1,995 sqft
    2020-12-01 65 days 2,003 sqft
    2021-01-01 73 days 1,977 sqft
    2021-02-01 62 days 1,929 sqft
    2021-03-01 55 days 1,884 sqft
    2021-04-01 53 days 1,971 sqft
    2021-05-01 43 days 1,929 sqft
    2021-06-01 40 days 1,956 sqft
    2021-07-01 35 days 1,971 sqft
    2021-08-01 38 days 2,036 sqft
    2021-09-01 46 days 2,029 sqft
    2021-10-01 46 days 1,932 sqft
    2021-11-01 46 days 1,922 sqft
    2021-12-01 50 days 1,949 sqft
    2022-01-01 58 days 1,903 sqft
    2022-02-01 42 days 1,935 sqft
    2022-03-01 38 days 1,907 sqft
    2022-04-01 35 days 1,881 sqft
    2022-05-01 32 days 1,971 sqft
    2022-06-01 33 days 1,939 sqft
    2022-07-01 35 days 2,014 sqft
    2022-08-01 42 days 1,978 sqft
    2022-09-01 47 days 2,057 sqft
    2022-10-01 47 days 2,164 sqft
    2022-11-01 52 days 2,159 sqft
    2022-12-01 65 days 2,052 sqft
    2023-01-01 78 days 2,017 sqft
    2023-02-01 69 days 1,973 sqft
    Greenville's median listing age (time on market) for 2023-02-01 was 69 days. This is 65% longer than the same period one year ago.

    Greenville's median square footage for active listings during the 2023-02-01 period was 1,973 sqft. One year prior, the average listing was 1,935 sqft.