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 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 6.43% for the week of 2024-07-19, compared to the national average (all USDA variants) of 6.628% for the same period.

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

    The average rate for the prior week (2024-07-12) was 6.25% and one month ago for the week of 2024-06-14, the average rate was 6.58%.

    The average rate one year ago was 6.74%.

    For refis of the same type during the week of 2024-07-19, the average rate was 7.13%.

    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
    2024-04-01 $360,497 (3.3%) $535,147 (4.7%) 0.84 2,206
    2024-05-01 $369,000 (5.4%) $564,487 (7.8%) 0.83 2,280
    2024-06-01 $379,900 (7.8%) $557,266 (3.4%) 0.85 2,389
    Greenville's median listing price for 2024-06-01 was $379,900, a difference of $27,450 (7.8%) versus the prior year and $10,900 versus the prior month.

    Greenville's median listing price comes in at 85% of the national average.

    Greenville's average listing price for 2024-06-01 was $557,266, a difference of $18,408 (3.4%) versus the prior year and $-7,221 versus the prior month.

    For the 2024-06-01 period, Greenville had 2,389 MLS listings, a difference of 109 listings (5%) versus the prior month and 596 listings (33%) 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 2,142 sqft
    2024-02-01 48 days 2,130 sqft
    2024-03-01 42 days 2,163 sqft
    2024-04-01 41 days 2,134 sqft
    2024-05-01 37 days 2,100 sqft
    2024-06-01 38 days 2,100 sqft
    Greenville's median listing age (time on market) for 2024-06-01 was 38 days. This is -13% shorter than the same period one year ago.

    Greenville's median square footage for active listings during the 2024-06-01 period was 2,100 sqft. One year prior, the average listing was 2,076 sqft.