Lebanon USDA Loan Rates, Closing Costs & Stats
Lebanon, MO
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.
Lebanon's 13 lenders originated 52 USDA loans during 2023. The total origination value was $7,600,000, with an average USDA loan value of $146,154.
Lebanon USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Lebanon
averaged
6.32%
for the week of 2024-12-13, compared to the national average (all USDA variants) of
6.303% for the same period.
Lebanon's average USDA mortgage closing costs are $3,801.
The average rate for the prior week (2024-12-06) was
6.35% and
one month ago for the week of 2024-11-08, the
average rate was 6.37%.
The average rate one year ago was 6.94%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.3%.
Lebanon 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 Lebanon level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
PRIMELENDING, A PLAINSCAPITAL COMPANY | 22 | 6.58% | $5,454 |
FLAT BRANCH MORTGAGE, INC. | 10 | 6.75% | $4,784 |
DAS Acquisition Company, LLC | 2 | 7.13% | $5,567 |
Flagstar Bank, FSB | 1 | 6.75% | $6,767 |
GUILD MORTGAGE COMPANY | 1 | 6.13% | $11,021 |
Paramount Residential Mortgage Group, Inc. | 1 | 5.75% | $8,862 |
Springfield First Community Bank | 1 | 6.63% | $6,200 |
The Central Trust Bank | 1 | 7.63% | $4,173 |
TIB The Independent Bankersbank | 1 | 6.38% | $5,145 |
Barrington Bank & Trust Company, N.A. | 1 | 5.60% | $6,917 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.98% | $4,621 |
COMMUNITY MORTGAGE, LLC | 1 | 7.13% | $4,653 |
First State Community Bank | 1 | 7.50% | $5,586 |
The top Lebanon USDA lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with
22 USDA loans originated. Their average total fees are
$5,454, which is $669
higher than the next largest lender,
FLAT BRANCH MORTGAGE, INC..
The lowest fee Lebanon USDA lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. ($4,784), PRIMELENDING, A PLAINSCAPITAL COMPANY ($5,454), .
The lowest rate Lebanon USDA lenders (with over 10 loans originated) are
PRIMELENDING, A PLAINSCAPITAL COMPANY (6.58%), FLAT BRANCH MORTGAGE, INC. (6.75%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Lebanon (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $159,450 (7.5%) | $198,587 (-0.8%) | 0.00 | 153 |
2018-02-01 | $162,450 (9.2%) | $198,309 (0.8%) | 0.00 | 157 |
2018-03-01 | $169,900 (14.7%) | $203,105 (4.6%) | 0.00 | 156 |
2018-04-01 | $172,400 (15.5%) | $207,489 (7.8%) | 0.00 | 162 |
2018-05-01 | $184,200 (18.9%) | $222,456 (14.6%) | 0.00 | 173 |
2018-06-01 | $184,400 (14.0%) | $222,923 (10.0%) | 0.00 | 176 |
2018-07-01 | $196,600 (17.4%) | $226,040 (9.0%) | 0.00 | 167 |
2018-08-01 | $189,900 (22.4%) | $236,947 (25.3%) | 0.00 | 165 |
2018-09-01 | $176,950 (11.6%) | $228,669 (21.3%) | 0.00 | 162 |
2018-10-01 | $174,925 (6.5%) | $224,915 (13.1%) | 0.00 | 176 |
2018-11-01 | $176,125 (8.1%) | $223,194 (11.7%) | 0.00 | 180 |
2018-12-01 | $174,900 (6.1%) | $215,925 (7.7%) | 0.00 | 172 |
2019-01-01 | $169,900 (6.6%) | $213,688 (7.6%) | 0.00 | 145 |
2019-02-01 | $178,850 (10.1%) | $234,293 (18.2%) | 0.00 | 129 |
2019-03-01 | $185,829 (9.4%) | $239,675 (18.0%) | 0.00 | 124 |
2019-04-01 | $182,204 (5.7%) | $237,658 (14.5%) | 0.00 | 131 |
2019-05-01 | $169,900 (-7.8%) | $236,744 (6.4%) | 0.00 | 140 |
2019-06-01 | $195,900 (6.2%) | $261,249 (17.2%) | 0.00 | 147 |
2019-07-01 | $181,400 (-7.7%) | $244,142 (8.0%) | 0.00 | 151 |
2019-08-01 | $184,536 (-2.8%) | $247,789 (4.6%) | 0.00 | 160 |
2019-09-01 | $191,491 (8.2%) | $255,763 (11.9%) | 0.00 | 165 |
2019-10-01 | $192,627 (10.1%) | $258,893 (15.1%) | 0.00 | 164 |
2019-11-01 | $179,900 (2.1%) | $258,588 (15.9%) | 0.00 | 155 |
2019-12-01 | $181,150 (3.6%) | $259,316 (20.1%) | 0.00 | 156 |
2020-01-01 | $194,175 (14.3%) | $266,821 (24.9%) | 0.00 | 133 |
2020-02-01 | $199,500 (11.6%) | $259,653 (10.8%) | 0.00 | 140 |
2020-03-01 | $190,950 (2.8%) | $256,489 (7.0%) | 0.00 | 152 |
2020-04-01 | $181,175 (-0.6%) | $242,945 (2.2%) | 0.00 | 150 |
2020-05-01 | $175,000 (3.0%) | $240,985 (1.8%) | 0.00 | 144 |
2020-06-01 | $182,925 (-6.6%) | $254,547 (-2.6%) | 0.00 | 129 |
2020-07-01 | $200,550 (10.6%) | $276,775 (13.4%) | 0.00 | 108 |
2020-08-01 | $199,900 (8.3%) | $269,952 (8.9%) | 0.00 | 106 |
2020-09-01 | $221,163 (15.5%) | $278,681 (9.0%) | 0.00 | 98 |
2020-10-01 | $210,900 (9.5%) | $278,013 (7.4%) | 0.00 | 88 |
2020-11-01 | $222,475 (23.7%) | $289,767 (12.1%) | 0.00 | 72 |
2020-12-01 | $208,700 (15.2%) | $276,364 (6.6%) | 0.00 | 70 |
2021-01-01 | $229,000 (17.9%) | $337,179 (26.4%) | 0.00 | 55 |
2021-02-01 | $224,450 (12.5%) | $338,070 (30.2%) | 0.00 | 52 |
2021-03-01 | $194,675 (2.0%) | $295,904 (15.4%) | 0.00 | 48 |
2021-04-01 | $207,450 (14.5%) | $303,319 (24.9%) | 0.00 | 40 |
2021-05-01 | $189,900 (8.5%) | $249,388 (3.5%) | 0.00 | 58 |
2021-06-01 | $189,900 (3.8%) | $236,100 (-7.3%) | 0.00 | 63 |
2021-07-01 | $195,000 (-2.8%) | $235,299 (-15.0%) | 0.00 | 86 |
2021-08-01 | $199,725 (-0.1%) | $251,957 (-6.7%) | 0.00 | 81 |
2021-09-01 | $198,800 (-10.1%) | $261,275 (-6.3%) | 0.00 | 77 |
2021-10-01 | $195,250 (-7.4%) | $265,872 (-4.4%) | 0.00 | 71 |
2021-11-01 | $192,400 (-13.5%) | $253,209 (-12.6%) | 0.00 | 68 |
2021-12-01 | $198,475 (-4.9%) | $252,379 (-8.7%) | 0.00 | 68 |
2022-01-01 | $207,450 (-9.4%) | $259,166 (-23.1%) | 0.00 | 59 |
2022-02-01 | $194,900 (-13.2%) | $256,379 (-24.2%) | 0.00 | 56 |
2022-03-01 | $197,450 (1.4%) | $266,452 (-10.0%) | 0.00 | 47 |
2022-04-01 | $229,950 (10.9%) | $249,041 (-17.9%) | 0.00 | 38 |
2022-05-01 | $232,425 (22.4%) | $259,141 (3.9%) | 0.00 | 53 |
2022-06-01 | $202,500 (6.6%) | $256,551 (8.7%) | 0.00 | 68 |
2022-07-01 | $189,450 (-2.9%) | $257,052 (9.2%) | 0.00 | 69 |
2022-08-01 | $206,150 (3.2%) | $286,065 (13.5%) | 0.00 | 56 |
2022-09-01 | $223,500 (12.4%) | $287,643 (10.1%) | 0.00 | 61 |
2022-10-01 | $230,000 (17.8%) | $292,453 (10.0%) | 0.00 | 71 |
2022-11-01 | $222,000 (15.4%) | $275,078 (8.6%) | 0.00 | 75 |
2022-12-01 | $232,250 (17.0%) | $270,831 (7.3%) | 0.00 | 73 |
2023-01-01 | $257,425 (24.1%) | $295,393 (14.0%) | 0.00 | 56 |
2023-02-01 | $269,900 (38.5%) | $315,984 (23.3%) | 0.00 | 49 |
2023-03-01 | $254,900 (29.1%) | $324,527 (21.8%) | 0.00 | 48 |
2023-04-01 | $249,900 (8.7%) | $320,135 (28.6%) | 0.00 | 55 |
2023-05-01 | $268,675 (15.6%) | $318,412 (22.9%) | 0.00 | 59 |
2023-06-01 | $274,900 (35.8%) | $328,379 (28.0%) | 0.00 | 58 |
2023-07-01 | $264,950 (39.9%) | $326,161 (26.9%) | 0.00 | 66 |
2023-08-01 | $277,975 (34.8%) | $332,077 (16.1%) | 0.00 | 85 |
2023-09-01 | $279,450 (25.0%) | $329,431 (14.5%) | 0.00 | 99 |
2023-10-01 | $242,400 (5.4%) | $296,221 (1.3%) | 0.00 | 109 |
2023-11-01 | $239,450 (7.9%) | $277,307 (0.8%) | 0.00 | 118 |
2023-12-01 | $228,250 (-1.7%) | $272,744 (0.7%) | 0.00 | 113 |
2024-01-01 | $239,900 (-6.8%) | $263,901 (-10.7%) | 0.00 | 92 |
2024-02-01 | $239,900 (-11.1%) | $260,897 (-17.4%) | 0.00 | 95 |
2024-03-01 | $249,950 (-1.9%) | $290,004 (-10.6%) | 0.00 | 98 |
2024-04-01 | $255,725 (2.3%) | $305,860 (-4.5%) | 0.00 | 100 |
2024-05-01 | $259,900 (-3.3%) | $308,343 (-3.2%) | 0.00 | 106 |
2024-06-01 | $254,900 (-7.3%) | $300,809 (-8.4%) | 0.00 | 107 |
2024-07-01 | $254,725 (-3.9%) | $308,421 (-5.4%) | 0.00 | 114 |
2024-08-01 | $257,250 (-7.5%) | $317,972 (-4.3%) | 0.00 | 111 |
2024-09-01 | $254,500 (-8.9%) | $336,906 (2.3%) | 0.00 | 130 |
2024-10-01 | $260,900 (7.6%) | $341,786 (15.4%) | 0.00 | 130 |
2024-11-01 | $257,000 (7.3%) | $340,239 (22.7%) | 0.00 | 129 |
Lebanon's median listing price comes in at 0% of the national average.
Lebanon's average listing price for 2024-11-01 was $340,239, a difference of $62,932 (22.7%) versus the prior year and $-1,547 versus the prior month.
For the 2024-11-01 period, Lebanon had 129 MLS listings, a difference of -1 listings (-1%) versus the prior month and 11 listings (9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Lebanon (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,000 sqft |
2018-02-01 | 0 days | 1,909 sqft |
2018-03-01 | 0 days | 2,000 sqft |
2018-04-01 | 0 days | 2,025 sqft |
2018-05-01 | 0 days | 2,048 sqft |
2018-06-01 | 0 days | 2,040 sqft |
2018-07-01 | 0 days | 2,059 sqft |
2018-08-01 | 0 days | 2,001 sqft |
2018-09-01 | 0 days | 1,916 sqft |
2018-10-01 | 0 days | 1,885 sqft |
2018-11-01 | 0 days | 1,923 sqft |
2018-12-01 | 0 days | 1,916 sqft |
2019-01-01 | 0 days | 1,792 sqft |
2019-02-01 | 0 days | 1,825 sqft |
2019-03-01 | 0 days | 1,829 sqft |
2019-04-01 | 0 days | 1,844 sqft |
2019-05-01 | 0 days | 1,802 sqft |
2019-06-01 | 0 days | 1,920 sqft |
2019-07-01 | 0 days | 1,807 sqft |
2019-08-01 | 0 days | 1,925 sqft |
2019-09-01 | 0 days | 2,007 sqft |
2019-10-01 | 0 days | 2,037 sqft |
2019-11-01 | 0 days | 1,992 sqft |
2019-12-01 | 0 days | 1,990 sqft |
2020-01-01 | 0 days | 1,991 sqft |
2020-02-01 | 0 days | 1,940 sqft |
2020-03-01 | 0 days | 1,899 sqft |
2020-04-01 | 0 days | 1,867 sqft |
2020-05-01 | 0 days | 1,800 sqft |
2020-06-01 | 0 days | 1,830 sqft |
2020-07-01 | 0 days | 1,860 sqft |
2020-08-01 | 0 days | 1,886 sqft |
2020-09-01 | 0 days | 2,087 sqft |
2020-10-01 | 0 days | 1,987 sqft |
2020-11-01 | 0 days | 2,040 sqft |
2020-12-01 | 0 days | 1,920 sqft |
2021-01-01 | 0 days | 2,120 sqft |
2021-02-01 | 0 days | 2,007 sqft |
2021-03-01 | 0 days | 1,747 sqft |
2021-04-01 | 0 days | 1,797 sqft |
2021-05-01 | 0 days | 1,728 sqft |
2021-06-01 | 0 days | 1,556 sqft |
2021-07-01 | 0 days | 1,590 sqft |
2021-08-01 | 0 days | 1,688 sqft |
2021-09-01 | 0 days | 1,756 sqft |
2021-10-01 | 0 days | 1,778 sqft |
2021-11-01 | 0 days | 1,644 sqft |
2021-12-01 | 0 days | 1,572 sqft |
2022-01-01 | 0 days | 1,554 sqft |
2022-02-01 | 0 days | 1,533 sqft |
2022-03-01 | 0 days | 1,506 sqft |
2022-04-01 | 0 days | 1,512 sqft |
2022-05-01 | 0 days | 1,655 sqft |
2022-06-01 | 0 days | 1,445 sqft |
2022-07-01 | 0 days | 1,430 sqft |
2022-08-01 | 0 days | 1,540 sqft |
2022-09-01 | 0 days | 1,563 sqft |
2022-10-01 | 0 days | 1,632 sqft |
2022-11-01 | 0 days | 1,512 sqft |
2022-12-01 | 0 days | 1,503 sqft |
2023-01-01 | 0 days | 1,717 sqft |
2023-02-01 | 0 days | 1,823 sqft |
2023-03-01 | 0 days | 1,791 sqft |
2023-04-01 | 0 days | 1,797 sqft |
2023-05-01 | 0 days | 2,000 sqft |
2023-06-01 | 0 days | 2,017 sqft |
2023-07-01 | 0 days | 1,876 sqft |
2023-08-01 | 0 days | 1,773 sqft |
2023-09-01 | 0 days | 1,792 sqft |
2023-10-01 | 0 days | 1,691 sqft |
2023-11-01 | 0 days | 1,621 sqft |
2023-12-01 | 0 days | 1,622 sqft |
2024-01-01 | 0 days | 1,640 sqft |
2024-02-01 | 0 days | 1,556 sqft |
2024-03-01 | 0 days | 1,597 sqft |
2024-04-01 | 0 days | 1,564 sqft |
2024-05-01 | 0 days | 1,657 sqft |
2024-06-01 | 0 days | 1,587 sqft |
2024-07-01 | 0 days | 1,637 sqft |
2024-08-01 | 0 days | 1,648 sqft |
2024-09-01 | 0 days | 1,648 sqft |
2024-10-01 | 0 days | 1,692 sqft |
2024-11-01 | 0 days | 1,653 sqft |
Lebanon's median square footage for active listings during the 2024-11-01 period was 1,653 sqft. One year prior, the average listing was 1,621 sqft.