Ogden USDA Loans

OGDEN-CLEARFIELD, UT

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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.

    Ogden's 28 lenders originated 115 USDA loans during 2021. The total origination value was $34,185,000, with an average USDA loan value of $297,261.

    Ogden USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Ogden averaged 5.42% for the week of 2022-05-20, compared to the national average (all USDA variants) of 5.315% for the same period.

    The average rate for the prior week (2022-05-13) was 5.41% and one month ago for the week of 2022-04-15, the average rate was 4.8%.

    The average rate one year ago was 2.85%.

    For refis of the same type during the week of 2022-05-20, the average rate was 5.06%.

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

    Ogden 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 Ogden level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    INTERCAP LENDING INC. 18 3.04% $7,440
    ACADEMY MORTGAGE CORPORATION 16 3.02% $7,838
    STEARNS LENDING, LLC 12 2.70% $5,471
    SECURITY HOME MORTGAGE, LLC. 7 2.46% $8,073
    GUILD MORTGAGE COMPANY 7 2.84% $6,920
    CALIBER HOME LOANS, INC. 7 2.72% $6,371
    CITYWIDE HOME LOANS, LLC 5 2.98% $7,584
    CANOPY MORTGAGE, LLC 4 2.28% $6,185
    HOME POINT FINANCIAL CORPORATION 4 2.50% $8,849
    BROKER SOLUTIONS, INC. 4 2.74% $7,734
    FIRST COLONY MORTGAGE CORPORATION 4 2.63% $4,590
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 2.58% $6,667
    VERITAS FUNDING, LLC 2 2.63% $5,892
    Bank of Utah 2 2.69% $3,254
    Century Mortgage Company DBA Century Lending Company 2 2.25% $7,855
    GOLDENWEST 2 2.25% $7,117
    First Guaranty Mortgage Corporation 1 2.25% $7,780
    EVERLEND MORTGAGE COMPANY 1 2.75% $13,225
    MY MOVE MORTGAGE, LLC 1 2.88% $6,159
    NEWREZ LLC 1 2.25% $6,242
    PANORAMA MORTGAGE GROUP, LLC 1 2.88% $7,027
    Paramount Residential Mortgage Group, Inc. 1 2.38% $7,503
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.63% $6,531
    RANLIFE, INC. 1 3.00% $7,459
    CRESCENT MORTGAGE COMPANY 1 2.75% $7,874
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 2.88% $7,587
    UNITED WHOLESALE MORTGAGE, LLC 1 2.51% $8,024
    Cache Valley Bank 1 2.75% $4,618

    The top Ogden USDA lender as defined by loan originations is INTERCAP LENDING INC., with 18 USDA loans originated. Their average total fees are $7,440, which is $398 lower than the next largest lender, ACADEMY MORTGAGE CORPORATION.

    The lowest fee Ogden USDA lenders (with over 10 loans originated) are STEARNS LENDING, LLC ($5,471), INTERCAP LENDING INC. ($7,440), ACADEMY MORTGAGE CORPORATION ($7,838), .

    The lowest rate Ogden USDA lenders (with over 10 loans originated) are STEARNS LENDING, LLC (2.70%), ACADEMY MORTGAGE CORPORATION (3.02%), INTERCAP LENDING INC. (3.04%), .