Orangeburg USDA Loan Rates, Closing Costs & Stats

Orangeburg, SC

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.

Orangeburg's 21 lenders originated 40 USDA loans during 2022. The total origination value was $7,260,000, with an average USDA loan value of $181,500.

Orangeburg USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Orangeburg averaged -0.31% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

Orangeburg's average USDA mortgage closing costs are $4,801.

The average rate for the prior week (2024-02-16) was 6.17% and one month ago for the week of 2024-01-19, the average rate was 5.95%.

The average rate one year ago was 6.26%.

For refis of the same type during the week of 2024-02-23, the average rate was 0.2%.

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

Orangeburg 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 Orangeburg level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
HOME POINT FINANCIAL CORPORATION 7 3.55% $6,049
Magnolia Bank 6 4.63% $5,642
First Guaranty Mortgage Corporation 4 3.69% $6,444
NTFN, INC. 3 4.92% $7,535
GUILD MORTGAGE COMPANY 3 4.04% $6,849
CALCON MUTUAL MORTGAGE LLC 2 4.75% $7,221
LAKEVIEW LOAN SERVICING, LLC 1 3.13% $2,904
LOANDEPOT.COM, LLC 1 3.50% $5,722
MIDLAND MORTGAGE CORPORATION 1 3.63% $4,266
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 4.13% $4,332
SOUTHPOINT FINANCIAL SERVICES, INC. 1 3.75% $8,319
SUCCESS MORTGAGE PARTNERS, INC. 1 3.88% $7,402
TOWNE MORTGAGE COMPANY 1 2.99% $10,039
UNITED WHOLESALE MORTGAGE, LLC 1 5.63% $4,251
BROKER SOLUTIONS, INC. 1 4.50% $5,729
VANDERBILT MORTGAGE AND FINANCE, INC. 1 4.00% $6,365
Carrington Mortgage Services, LLC 1 4.00% $13,537
First Palmetto Bank 1 5.75% $8,255
FREEDOM MORTGAGE CORPORATION 1 4.50% $8,021
GUARANTEED RATE AFFINITY, LLC 1 4.25% $8,990
Hometown Equity Mortgage, LLC 1 5.50% $3,650

The top Orangeburg USDA lender as defined by loan originations is HOME POINT FINANCIAL CORPORATION, with 7 USDA loans originated. Their average total fees are $6,049, which is $407 higher than the next largest lender, Magnolia Bank.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Orangeburg (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 $131,900 (-5.7%) $174,128 (1.5%) 0.00 341
2018-02-01 $135,575 (-0.5%) $181,484 (6.6%) 0.00 345
2018-03-01 $139,250 (4.1%) $184,764 (8.8%) 0.00 349
2018-04-01 $138,625 (2.8%) $186,375 (8.4%) 0.00 366
2018-05-01 $139,575 (0.8%) $189,532 (6.7%) 0.00 360
2018-06-01 $139,900 (1.6%) $190,540 (6.4%) 0.00 362
2018-07-01 $139,900 (0.0%) $188,679 (6.2%) 0.00 379
2018-08-01 $147,718 (10.5%) $192,120 (14.2%) 0.00 387
2018-09-01 $148,995 (11.2%) $192,559 (13.2%) 0.00 393
2018-10-01 $146,450 (12.4%) $189,314 (13.9%) 0.00 389
2018-11-01 $145,225 (11.3%) $194,601 (15.4%) 0.00 387
2018-12-01 $142,500 (8.8%) $190,409 (13.3%) 0.00 374
2019-01-01 $146,173 (10.8%) $194,834 (11.9%) 0.00 346
2019-02-01 $149,700 (10.4%) $198,464 (9.4%) 0.00 344
2019-03-01 $157,000 (12.8%) $204,329 (10.6%) 0.00 358
2019-04-01 $163,750 (18.1%) $209,543 (12.4%) 0.00 370
2019-05-01 $159,800 (14.5%) $207,088 (9.3%) 0.00 375
2019-06-01 $159,900 (14.3%) $203,806 (7.0%) 0.00 365
2019-07-01 $160,950 (15.1%) $206,626 (9.5%) 0.00 358
2019-08-01 $167,632 (13.5%) $211,162 (9.9%) 0.00 339
2019-09-01 $168,655 (13.2%) $212,727 (10.5%) 0.00 319
2019-10-01 $169,675 (15.9%) $215,061 (13.6%) 0.00 303
2019-11-01 $196,500 (35.3%) $235,877 (21.2%) 0.00 228
2019-12-01 $177,475 (24.5%) $233,145 (22.4%) 0.00 230
2020-01-01 $169,800 (16.2%) $228,470 (17.3%) 0.00 213
2020-02-01 $159,900 (6.8%) $217,760 (9.7%) 0.00 205
2020-03-01 $152,000 (-3.2%) $208,753 (2.2%) 0.00 202
2020-04-01 $152,000 (-7.2%) $212,067 (1.2%) 0.00 193
2020-05-01 $177,000 (10.8%) $237,178 (14.5%) 0.00 177
2020-06-01 $167,125 (4.5%) $252,478 (23.9%) 0.00 159
2020-07-01 $199,000 (23.6%) $273,742 (32.5%) 0.00 151
2020-08-01 $199,900 (19.3%) $274,751 (30.1%) 0.00 144
2020-09-01 $199,900 (18.5%) $259,905 (22.2%) 0.00 139
2020-10-01 $194,500 (14.6%) $264,317 (22.9%) 0.00 129
2020-11-01 $161,725 (-17.7%) $232,768 (-1.3%) 0.00 154
2020-12-01 $170,425 (-4.0%) $240,201 (3.0%) 0.00 129
2021-01-01 $175,000 (3.1%) $228,913 (0.2%) 0.00 112
2021-02-01 $159,900 (0.0%) $226,961 (4.2%) 0.00 114
2021-03-01 $161,125 (6.0%) $235,545 (12.8%) 0.00 99
2021-04-01 $180,000 (18.4%) $271,915 (28.2%) 0.00 96
2021-05-01 $175,000 (-1.1%) $317,748 (34.0%) 0.00 80
2021-06-01 $175,850 (5.2%) $295,290 (17.0%) 0.00 84
2021-07-01 $222,000 (11.6%) $308,977 (12.9%) 0.00 89
2021-08-01 $172,450 (-13.7%) $299,165 (8.9%) 0.00 91
2021-09-01 $176,225 (-11.8%) $295,410 (13.7%) 0.00 100
2021-10-01 $225,000 (15.7%) $309,220 (17.0%) 0.00 112
2021-11-01 $239,900 (48.3%) $311,951 (34.0%) 0.00 107
2021-12-01 $238,825 (40.1%) $301,358 (25.5%) 0.00 108
2022-01-01 $231,250 (32.1%) $279,745 (22.2%) 0.00 102
2022-02-01 $236,798 (48.1%) $272,562 (20.1%) 0.00 93
2022-03-01 $237,125 (47.2%) $271,778 (15.4%) 0.00 77
2022-04-01 $238,500 (32.5%) $259,933 (-4.4%) 0.00 81
2022-05-01 $273,100 (56.1%) $279,842 (-11.9%) 0.00 89
2022-06-01 $310,000 (76.3%) $306,578 (3.8%) 0.00 99
2022-07-01 $326,900 (47.3%) $308,209 (-0.3%) 0.00 130
2022-08-01 $318,473 (84.7%) $308,917 (3.3%) 0.00 122
2022-09-01 $326,650 (85.4%) $325,277 (10.1%) 0.00 124
2022-10-01 $314,900 (40.0%) $330,064 (6.7%) 0.00 134
2022-11-01 $304,950 (27.1%) $337,875 (8.3%) 0.00 120
2022-12-01 $296,450 (24.1%) $321,936 (6.8%) 0.00 130
2023-01-01 $304,175 (31.5%) $324,258 (15.9%) 0.00 130
2023-02-01 $269,750 (13.9%) $297,968 (9.3%) 0.00 133
2023-03-01 $272,475 (14.9%) $290,854 (7.0%) 0.00 145
2023-04-01 $275,000 (15.3%) $271,316 (4.4%) 0.00 147
2023-05-01 $249,000 (-8.8%) $256,734 (-8.3%) 0.00 168
2023-06-01 $254,450 (-17.9%) $266,414 (-13.1%) 0.00 146
2023-07-01 $274,900 (-15.9%) $283,509 (-8.0%) 0.00 139
2023-08-01 $267,198 (-16.1%) $288,989 (-6.5%) 0.00 145
2023-09-01 $250,000 (-23.5%) $271,642 (-16.5%) 0.00 145
2023-10-01 $259,925 (-17.5%) $293,088 (-11.2%) 0.00 140
2023-11-01 $263,450 (-13.6%) $289,401 (-14.4%) 0.00 158
2023-12-01 $279,900 (-5.6%) $300,727 (-6.6%) 0.00 177
Orangeburg's median listing price for 2023-12-01 was $279,900, a difference of $-16,550 (-5.6%) versus the prior year and $16,450 versus the prior month.

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

Orangeburg's average listing price for 2023-12-01 was $300,727, a difference of $-21,209 (-6.6%) versus the prior year and $11,326 versus the prior month.

For the 2023-12-01 period, Orangeburg had 177 MLS listings, a difference of 19 listings (12%) versus the prior month and 47 listings (36%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Orangeburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,805 sqft
2018-02-01 0 days 1,839 sqft
2018-03-01 0 days 1,830 sqft
2018-04-01 0 days 1,852 sqft
2018-05-01 0 days 1,865 sqft
2018-06-01 0 days 1,920 sqft
2018-07-01 0 days 1,814 sqft
2018-08-01 0 days 1,808 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,783 sqft
2018-11-01 0 days 1,769 sqft
2018-12-01 0 days 1,740 sqft
2019-01-01 0 days 1,732 sqft
2019-02-01 0 days 1,805 sqft
2019-03-01 0 days 1,812 sqft
2019-04-01 0 days 1,808 sqft
2019-05-01 0 days 1,793 sqft
2019-06-01 0 days 1,781 sqft
2019-07-01 0 days 1,824 sqft
2019-08-01 0 days 1,825 sqft
2019-09-01 0 days 1,835 sqft
2019-10-01 0 days 1,847 sqft
2019-11-01 0 days 1,960 sqft
2019-12-01 0 days 1,955 sqft
2020-01-01 0 days 1,860 sqft
2020-02-01 0 days 1,853 sqft
2020-03-01 0 days 1,853 sqft
2020-04-01 0 days 1,868 sqft
2020-05-01 0 days 1,900 sqft
2020-06-01 0 days 1,912 sqft
2020-07-01 0 days 2,012 sqft
2020-08-01 0 days 2,150 sqft
2020-09-01 0 days 2,098 sqft
2020-10-01 0 days 2,095 sqft
2020-11-01 0 days 1,994 sqft
2020-12-01 0 days 1,901 sqft
2021-01-01 0 days 1,850 sqft
2021-02-01 0 days 1,810 sqft
2021-03-01 0 days 1,807 sqft
2021-04-01 0 days 1,862 sqft
2021-05-01 0 days 2,002 sqft
2021-06-01 0 days 1,941 sqft
2021-07-01 0 days 1,905 sqft
2021-08-01 0 days 1,748 sqft
2021-09-01 0 days 1,779 sqft
2021-10-01 0 days 1,905 sqft
2021-11-01 0 days 1,959 sqft
2021-12-01 0 days 1,920 sqft
2022-01-01 0 days 2,000 sqft
2022-02-01 0 days 2,005 sqft
2022-03-01 0 days 1,952 sqft
2022-04-01 0 days 1,919 sqft
2022-05-01 0 days 2,073 sqft
2022-06-01 0 days 2,179 sqft
2022-07-01 0 days 2,150 sqft
2022-08-01 0 days 2,149 sqft
2022-09-01 0 days 2,121 sqft
2022-10-01 0 days 2,109 sqft
2022-11-01 0 days 2,141 sqft
2022-12-01 0 days 2,095 sqft
2023-01-01 0 days 2,010 sqft
2023-02-01 0 days 1,934 sqft
2023-03-01 0 days 1,952 sqft
2023-04-01 0 days 1,932 sqft
2023-05-01 0 days 1,906 sqft
2023-06-01 0 days 1,929 sqft
2023-07-01 0 days 2,000 sqft
2023-08-01 0 days 1,997 sqft
2023-09-01 0 days 1,908 sqft
2023-10-01 0 days 1,924 sqft
2023-11-01 0 days 1,770 sqft
2023-12-01 0 days 1,774 sqft
Orangeburg's median listing age (time on market) for 2023-12-01 was 0 days.

Orangeburg's median square footage for active listings during the 2023-12-01 period was 1,774 sqft. One year prior, the average listing was 2,095 sqft.