Lebanon USDA Loans

Lebanon, NH-VT

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 25 lenders originated 50 USDA loans during 2021. The total origination value was $9,020,000, with an average USDA loan value of $180,400.

Lebanon USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Lebanon averaged 5.44% for the week of 2022-08-05, compared to the national average (all USDA variants) of 5.294% for the same period.

The average rate for the prior week (2022-07-29) was 5.67% and one month ago for the week of 2022-07-01, the average rate was 5.4%.

The average rate one year ago was 3.29%.

For refis of the same type during the week of 2022-08-05, the average rate was 5.13%.

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

Lebanon USDA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Lebanon level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
HARBORONE MORTGAGE, LLC 7 2.95% $5,503
Northfield Savings Bank 6 2.88% $4,320
RESIDENTIAL MORTGAGE SERVICES, INC. 4 2.63% $5,201
Bank of New Hampshire 3 3.04% $4,791
EMBRACE HOME LOANS, INC. 3 3.00% $4,922
People's United Bank 3 2.92% $4,884
CMG MORTGAGE, INC. 3 2.83% $5,929
Service Federal Credit Union 2 2.81% $4,451
HOME POINT FINANCIAL CORPORATION 2 2.63% $5,311
Mortgage Network, Inc. 1 3.25% $6,694
ONE Credit Union 1 3.63% $7,773
PENNYMAC LOAN SERVICES, LLC 1 2.88% $5,744
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.99% $5,548
TD Bank 1 3.13% $3,395
Union Bank 1 2.38% $6,459
ACADEMY MORTGAGE CORPORATION 1 2.75% $6,490
Vermont Federal Credit Union 1 2.50% $4,919
AMERICAN FINANCIAL RESOURCES, INC. 1 3.75% $6,215
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.00% $6,279
Bank of England 1 2.88% $6,540
CROSSCOUNTRY MORTGAGE, LLC 1 2.63% $5,308
EMM LOANS LLC 1 2.88% $6,134
EVERETT FINANCIAL, INC. 1 3.25% $4,819
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.88% $6,264
LEADERONE FINANCIAL CORPORATION 1 2.75% $5,733

The top Lebanon USDA lender as defined by loan originations is HARBORONE MORTGAGE, LLC, with 7 USDA loans originated. Their average total fees are $5,503, which is $1,183 higher than the next largest lender, Northfield Savings Bank.

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

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