Lagrange USDA Loan Rates, Closing Costs & Stats

LaGrange, GA-AL

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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.

    Lagrange's 25 lenders originated 44 USDA loans during 2023. The total origination value was $7,460,000, with an average USDA loan value of $169,545.

    Lagrange USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Lagrange averaged 6.62% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Lagrange's average USDA mortgage closing costs are $4,745.

    The average rate for the prior week (2024-04-12) was 6.77% and one month ago for the week of 2024-03-15, the average rate was 6.45%.

    The average rate one year ago was 6.29%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.66%.

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

    Lagrange 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 Lagrange level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CMG MORTGAGE, INC. 5 6.45% $6,518
    Ameris Bank 5 6.80% $5,698
    Keystone Funding, Inc. 4 6.19% $6,551
    Magnolia Bank 3 6.58% $6,009
    MOVEMENT MORTGAGE, LLC 2 7.25% $7,035
    GUARANTEED RATE, INC. 2 6.69% $8,216
    Barrington Bank & Trust Company, N.A. 2 7.00% $5,637
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.75% $3,980
    INTERLINC MORTGAGE SERVICES, LLC 1 6.25% $2,383
    NEWREZ LLC 1 7.13% $8,880
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 6.00% $8,844
    SouthPoint Bank 1 7.38% $2,493
    STOCKTON MORTGAGE CORPORATION 1 0.00% $10,833
    Trustmark National Bank 1 6.50% $11,472
    United Bank 1 6.13% $6,602
    UNITED WHOLESALE MORTGAGE, LLC 1 7.75% $6,928
    AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $3,894
    Wilson Bank And Trust 1 7.00% $3,032
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $4,910
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.25% $9,697
    CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $9,568
    DAS Acquisition Company, LLC 1 5.25% $9,462
    EMM LOANS LLC 1 6.13% $6,966
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.88% $6,913
    Hometown Equity Mortgage, LLC 1 6.38% $12,322

    The top Lagrange USDA lender as defined by loan originations is CMG MORTGAGE, INC., with 5 USDA loans originated. Their average total fees are $6,518, which is $820 higher than the next largest lender, Ameris Bank.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Lagrange (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 $149,100 (3.8%) $200,245 (10.3%) 0.00 357
    2018-02-01 $149,925 (7.5%) $205,859 (14.8%) 0.00 343
    2018-03-01 $159,900 (14.9%) $206,954 (11.8%) 0.00 348
    2018-04-01 $169,800 (21.4%) $207,359 (9.9%) 0.00 379
    2018-05-01 $170,950 (15.2%) $207,172 (6.4%) 0.00 377
    2018-06-01 $169,900 (14.5%) $209,173 (5.2%) 0.00 386
    2018-07-01 $170,975 (6.8%) $210,893 (3.1%) 0.00 422
    2018-08-01 $162,375 (8.3%) $211,582 (5.6%) 0.00 418
    2018-09-01 $169,900 (13.7%) $208,581 (2.4%) 0.00 427
    2018-10-01 $175,000 (18.5%) $210,497 (4.3%) 0.00 426
    2018-11-01 $183,700 (23.8%) $211,122 (5.7%) 0.00 426
    2018-12-01 $180,000 (22.9%) $214,464 (6.5%) 0.00 417
    2019-01-01 $182,725 (22.6%) $212,457 (6.1%) 0.00 386
    2019-02-01 $189,575 (26.5%) $214,500 (4.2%) 0.00 370
    2019-03-01 $183,514 (14.8%) $215,003 (3.9%) 0.00 374
    2019-04-01 $175,000 (3.1%) $208,340 (0.5%) 0.00 387
    2019-05-01 $177,075 (3.6%) $209,352 (1.1%) 0.00 396
    2019-06-01 $177,995 (4.8%) $208,156 (-0.5%) 0.00 406
    2019-07-01 $172,700 (1.0%) $204,946 (-2.8%) 0.00 412
    2019-08-01 $177,577 (9.4%) $207,349 (-2.0%) 0.00 401
    2019-09-01 $181,443 (6.8%) $209,268 (0.3%) 0.00 390
    2019-10-01 $181,745 (3.9%) $210,184 (-0.2%) 0.00 381
    2019-11-01 $174,000 (-5.3%) $204,817 (-3.0%) 0.00 367
    2019-12-01 $169,935 (-5.6%) $203,676 (-5.0%) 0.00 364
    2020-01-01 $169,900 (-7.0%) $199,922 (-5.9%) 0.00 349
    2020-02-01 $169,900 (-10.4%) $201,146 (-6.2%) 0.00 346
    2020-03-01 $176,200 (-4.0%) $203,808 (-5.2%) 0.00 323
    2020-04-01 $176,450 (0.8%) $204,751 (-1.7%) 0.00 319
    2020-05-01 $188,000 (6.2%) $222,618 (6.3%) 0.00 291
    2020-06-01 $204,926 (15.1%) $234,227 (12.5%) 0.00 263
    2020-07-01 $216,725 (25.5%) $244,367 (19.2%) 0.00 238
    2020-08-01 $219,900 (23.8%) $248,814 (20.0%) 0.00 214
    2020-09-01 $216,075 (19.1%) $255,277 (22.0%) 0.00 195
    2020-10-01 $209,900 (15.5%) $255,820 (21.7%) 0.00 185
    2020-11-01 $189,490 (8.9%) $247,460 (20.8%) 0.00 180
    2020-12-01 $185,615 (9.2%) $242,921 (19.3%) 0.00 192
    2021-01-01 $192,990 (13.6%) $249,471 (24.8%) 0.00 175
    2021-02-01 $204,700 (20.5%) $257,764 (28.2%) 0.00 142
    2021-03-01 $213,725 (21.3%) $260,314 (27.7%) 0.00 125
    2021-04-01 $227,450 (28.9%) $271,361 (32.5%) 0.00 123
    2021-05-01 $214,975 (14.4%) $287,367 (29.1%) 0.00 103
    2021-06-01 $190,373 (-7.1%) $289,249 (23.5%) 0.00 109
    2021-07-01 $179,000 (-17.4%) $316,114 (29.4%) 0.00 122
    2021-08-01 $230,950 (5.0%) $332,302 (33.6%) 0.00 151
    2021-09-01 $236,175 (9.3%) $350,377 (37.3%) 0.00 148
    2021-10-01 $239,000 (13.9%) $359,839 (40.7%) 0.00 131
    2021-11-01 $219,445 (15.8%) $345,032 (39.4%) 0.00 135
    2021-12-01 $213,970 (15.3%) $356,631 (46.8%) 0.00 122
    2022-01-01 $165,000 (-14.5%) $327,342 (31.2%) 0.00 108
    2022-02-01 $177,675 (-13.2%) $314,680 (22.1%) 0.00 105
    2022-03-01 $179,950 (-15.8%) $310,394 (19.2%) 0.00 96
    2022-04-01 $209,900 (-7.7%) $293,079 (8.0%) 0.00 98
    2022-05-01 $229,750 (6.9%) $297,196 (3.4%) 0.00 104
    2022-06-01 $254,900 (33.9%) $320,345 (10.8%) 0.00 133
    2022-07-01 $250,000 (39.7%) $328,348 (3.9%) 0.00 142
    2022-08-01 $264,625 (14.6%) $317,641 (-4.4%) 0.00 171
    2022-09-01 $290,515 (23.0%) $326,541 (-6.8%) 0.00 173
    2022-10-01 $294,990 (23.4%) $328,421 (-8.7%) 0.00 189
    2022-11-01 $291,882 (33.0%) $323,203 (-6.3%) 0.00 207
    2022-12-01 $281,427 (31.5%) $310,840 (-12.8%) 0.00 216
    2023-01-01 $284,978 (72.7%) $307,539 (-6.1%) 0.00 202
    2023-02-01 $289,973 (63.2%) $314,282 (-0.1%) 0.00 207
    2023-03-01 $278,770 (54.9%) $310,002 (-0.1%) 0.00 195
    2023-04-01 $278,625 (32.7%) $303,631 (3.6%) 0.00 193
    2023-05-01 $285,136 (24.1%) $309,081 (4.0%) 0.00 184
    2023-06-01 $289,314 (13.5%) $316,130 (-1.3%) 0.00 194
    2023-07-01 $285,624 (14.3%) $303,101 (-7.7%) 0.00 184
    2023-08-01 $285,945 (8.1%) $310,992 (-2.1%) 0.00 209
    2023-09-01 $298,850 (2.9%) $321,232 (-1.6%) 0.00 259
    2023-10-01 $297,500 (0.9%) $322,251 (-1.9%) 0.00 283
    2023-11-01 $279,230 (-4.3%) $314,788 (-2.6%) 0.00 303
    2023-12-01 $278,400 (-1.1%) $312,890 (0.7%) 0.00 287
    2024-01-01 $270,500 (-5.1%) $308,455 (0.3%) 0.00 277
    2024-02-01 $268,425 (-7.4%) $297,671 (-5.3%) 0.00 282
    2024-03-01 $259,900 (-6.8%) $285,136 (-8.0%) 0.00 275
    Lagrange's median listing price for 2024-03-01 was $259,900, a difference of $-18,870 (-6.8%) versus the prior year and $-8,525 versus the prior month.

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

    Lagrange's average listing price for 2024-03-01 was $285,136, a difference of $-24,866 (-8.0%) versus the prior year and $-12,535 versus the prior month.

    For the 2024-03-01 period, Lagrange had 275 MLS listings, a difference of -7 listings (-2%) versus the prior month and 80 listings (41%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Lagrange (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,936 sqft
    2018-02-01 0 days 1,989 sqft
    2018-03-01 0 days 2,056 sqft
    2018-04-01 0 days 2,081 sqft
    2018-05-01 0 days 2,075 sqft
    2018-06-01 0 days 2,077 sqft
    2018-07-01 0 days 2,065 sqft
    2018-08-01 0 days 2,004 sqft
    2018-09-01 0 days 2,032 sqft
    2018-10-01 0 days 2,050 sqft
    2018-11-01 0 days 2,071 sqft
    2018-12-01 0 days 2,072 sqft
    2019-01-01 0 days 2,109 sqft
    2019-02-01 0 days 2,134 sqft
    2019-03-01 0 days 2,186 sqft
    2019-04-01 0 days 2,186 sqft
    2019-05-01 0 days 2,135 sqft
    2019-06-01 0 days 2,172 sqft
    2019-07-01 0 days 2,120 sqft
    2019-08-01 0 days 2,148 sqft
    2019-09-01 0 days 2,119 sqft
    2019-10-01 0 days 2,086 sqft
    2019-11-01 0 days 2,039 sqft
    2019-12-01 0 days 2,020 sqft
    2020-01-01 0 days 1,997 sqft
    2020-02-01 0 days 1,945 sqft
    2020-03-01 0 days 2,029 sqft
    2020-04-01 0 days 2,030 sqft
    2020-05-01 0 days 2,048 sqft
    2020-06-01 0 days 2,124 sqft
    2020-07-01 0 days 2,187 sqft
    2020-08-01 0 days 2,191 sqft
    2020-09-01 0 days 2,142 sqft
    2020-10-01 0 days 2,106 sqft
    2020-11-01 0 days 2,026 sqft
    2020-12-01 0 days 1,998 sqft
    2021-01-01 0 days 2,021 sqft
    2021-02-01 0 days 2,084 sqft
    2021-03-01 0 days 2,097 sqft
    2021-04-01 0 days 2,085 sqft
    2021-05-01 0 days 2,153 sqft
    2021-06-01 0 days 1,894 sqft
    2021-07-01 0 days 1,716 sqft
    2021-08-01 0 days 2,064 sqft
    2021-09-01 0 days 2,069 sqft
    2021-10-01 0 days 1,963 sqft
    2021-11-01 0 days 1,814 sqft
    2021-12-01 0 days 1,796 sqft
    2022-01-01 0 days 1,774 sqft
    2022-02-01 0 days 1,706 sqft
    2022-03-01 0 days 1,793 sqft
    2022-04-01 0 days 1,800 sqft
    2022-05-01 0 days 1,871 sqft
    2022-06-01 0 days 1,830 sqft
    2022-07-01 0 days 1,939 sqft
    2022-08-01 0 days 1,956 sqft
    2022-09-01 0 days 2,001 sqft
    2022-10-01 0 days 2,100 sqft
    2022-11-01 0 days 2,123 sqft
    2022-12-01 0 days 2,100 sqft
    2023-01-01 0 days 2,044 sqft
    2023-02-01 0 days 2,063 sqft
    2023-03-01 0 days 1,949 sqft
    2023-04-01 0 days 1,942 sqft
    2023-05-01 0 days 1,955 sqft
    2023-06-01 0 days 1,939 sqft
    2023-07-01 0 days 1,816 sqft
    2023-08-01 0 days 1,848 sqft
    2023-09-01 0 days 2,000 sqft
    2023-10-01 0 days 1,944 sqft
    2023-11-01 0 days 1,976 sqft
    2023-12-01 0 days 1,924 sqft
    2024-01-01 0 days 1,824 sqft
    2024-02-01 0 days 1,763 sqft
    2024-03-01 0 days 1,708 sqft
    Lagrange's median listing age (time on market) for 2024-03-01 was 0 days.

    Lagrange's median square footage for active listings during the 2024-03-01 period was 1,708 sqft. One year prior, the average listing was 1,949 sqft.