Jefferson USDA Loan Rates, Closing Costs & Stats

Jefferson, GA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Jefferson's 12 lenders originated 16 USDA loans during 2023. The total origination value was $4,180,000, with an average USDA loan value of $261,250.

    Jefferson USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Jefferson averaged 5.99% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Jefferson's average USDA mortgage closing costs are $5,552.

    The average rate for the prior week (2024-12-06) was 6.33% and one month ago for the week of 2024-11-08, the average rate was 6.15%.

    The average rate one year ago was 6.71%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.4%.

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

    Jefferson 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 Jefferson level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    BROKER SOLUTIONS, INC. 3 6.04% $7,701
    UNITED WHOLESALE MORTGAGE, LLC 2 6.13% $9,171
    ACOPIA, LLC 2 6.25% $9,180
    Capital City Home Loans, LLC 1 5.50% $11,601
    EVERETT FINANCIAL, INC. 1 6.00% $9,204
    Magnolia Bank 1 6.50% $6,145
    NVR Mortgage Finance, Inc. 1 5.50% $9,451
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 6.50% $11,092
    Synovus Bank 1 5.75% $6,034
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.00% $11,998
    AMERICAN FINANCIAL NETWORK, INC. 1 6.13% $9,463
    Bank of England 1 7.13% $7,018

    The top Jefferson USDA lender as defined by loan originations is BROKER SOLUTIONS, INC., with 3 USDA loans originated. Their average total fees are $7,701, which is $1,469 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Jefferson USDA lenders (with over 10 loans originated) are .

    The lowest rate Jefferson USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Jefferson (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 $270,785 (15.9%) $317,585 (16.3%) 0.00 527
    2018-02-01 $266,975 (11.6%) $314,082 (11.1%) 0.00 537
    2018-03-01 $274,015 (11.7%) $320,083 (11.6%) 0.00 474
    2018-04-01 $289,725 (16.4%) $334,223 (15.5%) 0.00 451
    2018-05-01 $294,804 (18.0%) $342,368 (17.4%) 0.00 426
    2018-06-01 $297,950 (16.3%) $349,470 (17.4%) 0.00 424
    2018-07-01 $285,149 (12.0%) $342,215 (16.2%) 0.00 465
    2018-08-01 $281,759 (10.5%) $336,217 (12.1%) 0.00 483
    2018-09-01 $284,923 (9.2%) $334,585 (11.7%) 0.00 492
    2018-10-01 $276,775 (5.4%) $330,681 (9.5%) 0.00 610
    2018-11-01 $276,305 (5.2%) $328,058 (7.4%) 0.00 609
    2018-12-01 $276,459 (4.6%) $329,455 (6.0%) 0.00 589
    2019-01-01 $279,900 (3.4%) $331,487 (4.4%) 0.00 544
    2019-02-01 $289,675 (8.5%) $343,644 (9.4%) 0.00 536
    2019-03-01 $282,976 (3.3%) $329,579 (3.0%) 0.00 603
    2019-04-01 $274,728 (-5.2%) $309,977 (-7.3%) 0.00 675
    2019-05-01 $274,795 (-6.8%) $307,382 (-10.2%) 0.00 628
    2019-06-01 $266,795 (-10.5%) $307,822 (-11.9%) 0.00 634
    2019-07-01 $268,751 (-5.8%) $326,523 (-4.6%) 0.00 630
    2019-08-01 $267,124 (-5.2%) $317,909 (-5.5%) 0.00 640
    2019-09-01 $265,960 (-6.7%) $306,562 (-8.4%) 0.00 620
    2019-10-01 $272,157 (-1.7%) $317,676 (-3.9%) 0.00 548
    2019-11-01 $279,925 (1.3%) $332,605 (1.4%) 0.00 459
    2019-12-01 $284,173 (2.8%) $326,742 (-0.8%) 0.00 428
    2020-01-01 $284,900 (1.8%) $324,623 (-2.1%) 0.00 405
    2020-02-01 $285,000 (-1.6%) $331,838 (-3.4%) 0.00 402
    2020-03-01 $283,743 (0.3%) $330,596 (0.3%) 0.00 379
    2020-04-01 $285,193 (3.8%) $329,166 (6.2%) 0.00 411
    2020-05-01 $289,990 (5.5%) $338,131 (10.0%) 0.00 407
    2020-06-01 $300,256 (12.5%) $350,578 (13.9%) 0.00 367
    2020-07-01 $301,327 (12.1%) $355,146 (8.8%) 0.00 357
    2020-08-01 $306,285 (14.7%) $354,956 (11.7%) 0.00 348
    2020-09-01 $315,164 (18.5%) $360,969 (17.8%) 0.00 311
    2020-10-01 $315,338 (15.9%) $358,674 (12.9%) 0.00 287
    2020-11-01 $313,204 (11.9%) $368,775 (10.9%) 0.00 264
    2020-12-01 $305,438 (7.5%) $377,255 (15.5%) 0.00 250
    2021-01-01 $303,823 (6.6%) $379,587 (16.9%) 0.00 217
    2021-02-01 $315,456 (10.7%) $402,994 (21.4%) 0.00 171
    2021-03-01 $320,725 (13.0%) $418,543 (26.6%) 0.00 141
    2021-04-01 $335,360 (17.6%) $424,934 (29.1%) 0.00 135
    2021-05-01 $352,500 (21.6%) $438,764 (29.8%) 0.00 130
    2021-06-01 $372,475 (24.1%) $453,771 (29.4%) 0.00 154
    2021-07-01 $379,950 (26.1%) $470,921 (32.6%) 0.00 169
    2021-08-01 $379,450 (23.9%) $461,446 (30.0%) 0.00 203
    2021-09-01 $404,111 (28.2%) $478,092 (32.5%) 0.00 234
    2021-10-01 $409,990 (30.0%) $480,423 (33.9%) 0.00 244
    2021-11-01 $423,366 (35.2%) $483,047 (31.0%) 0.00 237
    2021-12-01 $445,235 (45.8%) $497,587 (31.9%) 0.00 226
    2022-01-01 $471,995 (55.4%) $527,877 (39.1%) 0.00 165
    2022-02-01 $458,339 (45.3%) $532,013 (32.0%) 0.00 152
    2022-03-01 $471,185 (46.9%) $543,778 (29.9%) 0.00 152
    2022-04-01 $475,654 (41.8%) $556,629 (31.0%) 0.00 165
    2022-05-01 $487,495 (38.3%) $567,489 (29.3%) 0.00 214
    2022-06-01 $478,495 (28.5%) $559,689 (23.3%) 0.00 265
    2022-07-01 $474,829 (25.0%) $555,571 (18.0%) 0.00 352
    2022-08-01 $474,900 (25.2%) $552,361 (19.7%) 0.00 391
    2022-09-01 $472,664 (17.0%) $535,658 (12.0%) 0.00 428
    2022-10-01 $450,000 (9.8%) $517,588 (7.7%) 0.00 464
    2022-11-01 $444,613 (5.0%) $523,506 (8.4%) 0.00 457
    2022-12-01 $429,999 (-3.4%) $525,351 (5.6%) 0.00 436
    2023-01-01 $432,770 (-8.3%) $529,425 (0.3%) 0.00 389
    2023-02-01 $443,187 (-3.3%) $527,337 (-0.9%) 0.00 366
    2023-03-01 $446,848 (-5.2%) $532,029 (-2.2%) 0.00 353
    2023-04-01 $442,479 (-7.0%) $524,800 (-5.7%) 0.00 355
    2023-05-01 $446,887 (-8.3%) $532,338 (-6.2%) 0.00 345
    2023-06-01 $449,725 (-6.0%) $510,357 (-8.8%) 0.00 352
    2023-07-01 $449,973 (-5.2%) $514,114 (-7.5%) 0.00 356
    2023-08-01 $447,627 (-5.7%) $508,992 (-7.9%) 0.00 364
    2023-09-01 $448,710 (-5.1%) $496,452 (-7.3%) 0.00 374
    2023-10-01 $442,122 (-1.8%) $504,232 (-2.6%) 0.00 405
    2023-11-01 $446,302 (0.4%) $515,205 (-1.6%) 0.00 416
    2023-12-01 $444,345 (3.3%) $519,169 (-1.2%) 0.00 410
    2024-01-01 $447,327 (3.4%) $528,459 (-0.2%) 0.00 383
    2024-02-01 $444,262 (0.2%) $531,754 (0.8%) 0.00 390
    2024-03-01 $440,000 (-1.5%) $536,062 (0.8%) 0.00 407
    2024-04-01 $445,690 (0.7%) $551,975 (5.2%) 0.00 439
    2024-05-01 $466,595 (4.4%) $568,336 (6.8%) 0.00 496
    2024-06-01 $474,900 (5.6%) $565,702 (10.8%) 0.00 531
    2024-07-01 $475,000 (5.6%) $568,941 (10.7%) 0.00 562
    2024-08-01 $474,168 (5.9%) $578,655 (13.7%) 0.00 580
    2024-09-01 $468,101 (4.3%) $575,882 (16.0%) 0.00 619
    2024-10-01 $464,973 (5.2%) $575,616 (14.2%) 0.00 640
    2024-11-01 $464,999 (4.2%) $573,276 (11.3%) 0.00 631
    Jefferson's median listing price for 2024-11-01 was $464,999, a difference of $18,697 (4.2%) versus the prior year and $26 versus the prior month.

    Jefferson's median listing price comes in at 0% of the national average.

    Jefferson's average listing price for 2024-11-01 was $573,276, a difference of $58,071 (11.3%) versus the prior year and $-2,340 versus the prior month.

    For the 2024-11-01 period, Jefferson had 631 MLS listings, a difference of -9 listings (-1%) versus the prior month and 215 listings (52%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Jefferson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,591 sqft
    2018-02-01 0 days 2,577 sqft
    2018-03-01 0 days 2,549 sqft
    2018-04-01 0 days 2,582 sqft
    2018-05-01 0 days 2,576 sqft
    2018-06-01 0 days 2,587 sqft
    2018-07-01 0 days 2,569 sqft
    2018-08-01 0 days 2,529 sqft
    2018-09-01 0 days 2,580 sqft
    2018-10-01 0 days 2,536 sqft
    2018-11-01 0 days 2,548 sqft
    2018-12-01 0 days 2,545 sqft
    2019-01-01 0 days 2,580 sqft
    2019-02-01 0 days 2,602 sqft
    2019-03-01 0 days 2,605 sqft
    2019-04-01 0 days 2,584 sqft
    2019-05-01 0 days 2,602 sqft
    2019-06-01 0 days 2,580 sqft
    2019-07-01 0 days 2,584 sqft
    2019-08-01 0 days 2,573 sqft
    2019-09-01 0 days 2,551 sqft
    2019-10-01 0 days 2,518 sqft
    2019-11-01 0 days 2,511 sqft
    2019-12-01 0 days 2,501 sqft
    2020-01-01 0 days 2,504 sqft
    2020-02-01 0 days 2,501 sqft
    2020-03-01 0 days 2,500 sqft
    2020-04-01 0 days 2,497 sqft
    2020-05-01 0 days 2,493 sqft
    2020-06-01 0 days 2,508 sqft
    2020-07-01 0 days 2,536 sqft
    2020-08-01 0 days 2,550 sqft
    2020-09-01 0 days 2,560 sqft
    2020-10-01 0 days 2,500 sqft
    2020-11-01 0 days 2,506 sqft
    2020-12-01 0 days 2,500 sqft
    2021-01-01 0 days 2,500 sqft
    2021-02-01 0 days 2,390 sqft
    2021-03-01 0 days 2,445 sqft
    2021-04-01 0 days 2,392 sqft
    2021-05-01 0 days 2,384 sqft
    2021-06-01 0 days 2,390 sqft
    2021-07-01 0 days 2,366 sqft
    2021-08-01 0 days 2,466 sqft
    2021-09-01 0 days 2,562 sqft
    2021-10-01 0 days 2,543 sqft
    2021-11-01 0 days 2,648 sqft
    2021-12-01 0 days 2,711 sqft
    2022-01-01 0 days 2,688 sqft
    2022-02-01 0 days 2,582 sqft
    2022-03-01 0 days 2,617 sqft
    2022-04-01 0 days 2,504 sqft
    2022-05-01 0 days 2,490 sqft
    2022-06-01 0 days 2,562 sqft
    2022-07-01 0 days 2,508 sqft
    2022-08-01 0 days 2,488 sqft
    2022-09-01 0 days 2,488 sqft
    2022-10-01 0 days 2,436 sqft
    2022-11-01 0 days 2,479 sqft
    2022-12-01 0 days 2,432 sqft
    2023-01-01 0 days 2,443 sqft
    2023-02-01 0 days 2,471 sqft
    2023-03-01 0 days 2,467 sqft
    2023-04-01 0 days 2,462 sqft
    2023-05-01 0 days 2,465 sqft
    2023-06-01 0 days 2,467 sqft
    2023-07-01 0 days 2,500 sqft
    2023-08-01 0 days 2,499 sqft
    2023-09-01 0 days 2,445 sqft
    2023-10-01 0 days 2,444 sqft
    2023-11-01 0 days 2,448 sqft
    2023-12-01 0 days 2,442 sqft
    2024-01-01 0 days 2,494 sqft
    2024-02-01 0 days 2,456 sqft
    2024-03-01 0 days 2,498 sqft
    2024-04-01 0 days 2,499 sqft
    2024-05-01 0 days 2,551 sqft
    2024-06-01 0 days 2,562 sqft
    2024-07-01 0 days 2,551 sqft
    2024-08-01 0 days 2,520 sqft
    2024-09-01 0 days 2,497 sqft
    2024-10-01 0 days 2,493 sqft
    2024-11-01 0 days 2,459 sqft
    Jefferson's median listing age (time on market) for 2024-11-01 was 0 days.

    Jefferson's median square footage for active listings during the 2024-11-01 period was 2,459 sqft. One year prior, the average listing was 2,448 sqft.