Orlando USDA Loan Rates, Closing Costs & Stats

ORLANDO-KISSIMMEE-SANFORD, FL

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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.

    Orlando's 22 lenders originated 35 USDA loans during 2023. The total origination value was $9,165,000, with an average USDA loan value of $261,857.

    Orlando USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Orlando averaged 6.24% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Orlando's average USDA mortgage closing costs are $6,873.

    The average rate for the prior week (2025-02-07) was 6.6% and one month ago for the week of 2025-01-10, the average rate was 6.24%.

    The average rate one year ago was 6.24%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.63%.

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

    Orlando 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 Orlando level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    THE MORTGAGE FIRM, INC. 5 6.40% $9,482
    MORTGAGE FINANCIAL GROUP, INC. 4 6.72% $8,226
    UNITED WHOLESALE MORTGAGE, LLC 4 6.33% $9,035
    ACADEMY MORTGAGE CORPORATION 2 6.88% $10,073
    UNION HOME MORTGAGE CORP. 2 5.63% $9,957
    Waterstone Mortgage Corporation 2 6.19% $10,925
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $10,713
    First Heritage Mortgage, LLC 1 6.13% $12,009
    Flagstar Bank, FSB 1 7.00% $4,986
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.63% $16,558
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.38% $11,020
    METROPLEX MORTGAGE SERVICES, INC. 1 6.25% $9,095
    Carrington Mortgage Services, LLC 1 5.38% $8,067
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.75% $11,162
    NEWREZ LLC 1 6.75% $9,473
    OPEN MORTGAGE, LLC 1 6.13% $13,356
    Sierra Pacific Mortgage Company, Inc. 1 6.63% $9,820
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.00% $6,591
    AMERICAN FINANCIAL NETWORK, INC. 1 6.88% $13,401
    AMERICAN BANCSHARES MORTGAGE 1 6.13% $12,730
    Century Mortgage Company DBA Century Lending Company 1 6.00% $10,565
    CROSSCOUNTRY MORTGAGE, LLC 1 7.75% $13,058

    The top Orlando USDA lender as defined by loan originations is THE MORTGAGE FIRM, INC., with 5 USDA loans originated. Their average total fees are $9,482, which is $1,257 higher than the next largest lender, MORTGAGE FINANCIAL GROUP, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Orlando (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 $299,000 (8.7%) $438,865 (7.6%) 1.11 8,937
    2018-02-01 $299,950 (7.1%) $445,088 (8.1%) 1.09 8,954
    2018-03-01 $309,000 (8.4%) $445,802 (6.0%) 1.08 8,936
    2018-04-01 $317,945 (8.8%) $459,481 (6.6%) 1.08 8,940
    2018-05-01 $319,400 (6.9%) $461,316 (7.0%) 1.07 9,087
    2018-06-01 $319,753 (6.9%) $464,530 (8.4%) 1.07 9,346
    2018-07-01 $318,200 (6.4%) $461,244 (8.9%) 1.06 9,767
    2018-08-01 $318,750 (7.0%) $459,108 (10.0%) 1.07 9,871
    2018-09-01 $310,000 (3.7%) $448,335 (6.1%) 1.04 10,170
    2018-10-01 $307,945 (3.0%) $443,184 (5.0%) 1.04 10,598
    2018-11-01 $302,840 (1.3%) $434,165 (1.7%) 1.03 10,691
    2018-12-01 $300,000 (0.7%) $435,721 (1.2%) 1.03 10,452
    2019-01-01 $299,900 (0.3%) $436,346 (-0.6%) 1.04 10,234
    2019-02-01 $301,448 (0.5%) $441,269 (-0.9%) 1.02 10,326
    2019-03-01 $307,580 (-0.5%) $447,922 (0.5%) 1.01 10,139
    2019-04-01 $313,011 (-1.6%) $451,109 (-1.8%) 0.99 9,842
    2019-05-01 $315,250 (-1.3%) $453,852 (-1.6%) 0.99 9,887
    2019-06-01 $319,900 (0.1%) $451,459 (-2.8%) 1.00 9,955
    2019-07-01 $322,301 (1.3%) $449,755 (-2.5%) 1.01 9,889
    2019-08-01 $322,636 (1.2%) $446,713 (-2.7%) 1.02 9,786
    2019-09-01 $320,591 (3.4%) $442,153 (-1.4%) 1.03 9,748
    2019-10-01 $319,677 (3.8%) $439,114 (-0.9%) 1.03 9,717
    2019-11-01 $319,000 (5.3%) $437,676 (0.8%) 1.05 9,544
    2019-12-01 $316,924 (5.6%) $442,097 (1.5%) 1.06 9,080
    2020-01-01 $314,500 (4.9%) $444,198 (1.8%) 1.05 8,692
    2020-02-01 $325,000 (7.8%) $455,346 (3.2%) 1.06 8,384
    2020-03-01 $323,950 (5.3%) $455,835 (1.8%) 1.02 8,471
    2020-04-01 $312,500 (-0.2%) $433,067 (-4.0%) 0.98 9,164
    2020-05-01 $315,000 (-0.1%) $434,728 (-4.2%) 0.96 9,165
    2020-06-01 $319,950 (0.0%) $445,048 (-1.4%) 0.94 8,666
    2020-07-01 $322,495 (0.1%) $449,874 (0.0%) 0.93 8,312
    2020-08-01 $325,000 (0.7%) $447,170 (0.1%) 0.93 8,108
    2020-09-01 $325,000 (1.4%) $453,560 (2.6%) 0.93 7,884
    2020-10-01 $325,000 (1.7%) $452,390 (3.0%) 0.93 7,743
    2020-11-01 $325,000 (1.9%) $456,943 (4.4%) 0.95 7,567
    2020-12-01 $323,410 (2.1%) $456,968 (3.4%) 0.96 6,989
    2021-01-01 $319,490 (1.6%) $461,338 (3.9%) 0.95 5,934
    2021-02-01 $319,000 (-1.9%) $466,059 (2.4%) 0.93 4,914
    2021-03-01 $324,263 (0.1%) $477,283 (4.7%) 0.92 4,080
    2021-04-01 $327,000 (4.6%) $490,984 (13.4%) 0.89 3,550
    2021-05-01 $340,000 (7.9%) $501,696 (15.4%) 0.90 3,447
    2021-06-01 $355,698 (11.2%) $522,802 (17.5%) 0.94 3,690
    2021-07-01 $364,850 (13.1%) $520,877 (15.8%) 0.96 4,023
    2021-08-01 $374,950 (15.4%) $517,394 (15.7%) 1.00 4,207
    2021-09-01 $379,950 (16.9%) $528,628 (16.6%) 1.01 4,214
    2021-10-01 $389,995 (20.0%) $533,416 (17.9%) 1.04 4,111
    2021-11-01 $385,445 (18.6%) $535,953 (17.3%) 1.03 3,807
    2021-12-01 $389,900 (20.6%) $531,542 (16.3%) 1.06 3,387
    2022-01-01 $397,500 (24.4%) $550,615 (19.4%) 1.08 2,820
    2022-02-01 $397,500 (24.6%) $568,759 (22.0%) 1.03 2,536
    2022-03-01 $412,500 (27.2%) $588,942 (23.4%) 1.03 2,513
    2022-04-01 $429,900 (31.5%) $610,081 (24.3%) 1.02 2,765
    2022-05-01 $450,000 (32.4%) $626,473 (24.9%) 1.03 3,684
    2022-06-01 $465,000 (30.7%) $625,753 (19.7%) 1.04 4,880
    2022-07-01 $464,000 (27.2%) $614,346 (17.9%) 1.05 6,807
    2022-08-01 $453,168 (20.9%) $597,190 (15.4%) 1.05 7,352
    2022-09-01 $449,411 (18.3%) $586,027 (10.9%) 1.05 7,542
    2022-10-01 $445,000 (14.1%) $588,112 (10.3%) 1.05 7,391
    2022-11-01 $439,653 (14.1%) $581,174 (8.4%) 1.06 7,839
    2022-12-01 $430,000 (10.3%) $581,820 (9.5%) 1.06 7,376
    2023-01-01 $429,450 (8.0%) $590,859 (7.3%) 1.06 6,846
    2023-02-01 $434,995 (9.4%) $601,709 (5.8%) 1.05 6,418
    2023-03-01 $440,948 (6.9%) $618,305 (5.0%) 1.04 5,942
    2023-04-01 $441,850 (2.8%) $627,225 (2.8%) 1.03 5,793
    2023-05-01 $450,000 (0.0%) $641,992 (2.5%) 1.02 5,669
    2023-06-01 $459,450 (-1.2%) $642,551 (2.7%) 1.03 5,926
    2023-07-01 $459,900 (-0.9%) $643,135 (4.7%) 1.05 6,361
    2023-08-01 $458,970 (1.3%) $630,849 (5.6%) 1.05 6,702
    2023-09-01 $455,751 (1.4%) $622,246 (6.2%) 1.06 7,280
    2023-10-01 $450,000 (1.1%) $609,826 (3.7%) 1.06 7,838
    2023-11-01 $447,137 (1.7%) $603,752 (3.9%) 1.07 8,433
    2023-12-01 $438,945 (2.1%) $589,703 (1.4%) 1.07 8,613
    2024-01-01 $435,000 (1.3%) $584,421 (-1.1%) 1.06 8,723
    2024-02-01 $435,000 (0.0%) $588,620 (-2.2%) 1.05 8,896
    2024-03-01 $439,000 (-0.4%) $594,639 (-3.8%) 1.03 9,112
    2024-04-01 $439,950 (-0.4%) $594,449 (-5.2%) 1.02 9,515
    2024-05-01 $439,950 (-2.2%) $599,079 (-6.7%) 1.00 10,085
    2024-06-01 $444,500 (-3.3%) $594,547 (-7.5%) 1.00 10,767
    2024-07-01 $439,996 (-4.3%) $591,340 (-8.1%) 1.01 11,363
    2024-08-01 $435,000 (-5.2%) $580,281 (-8.0%) 1.01 11,856
    2024-09-01 $429,950 (-5.7%) $571,986 (-8.1%) 1.01 12,264
    2024-10-01 $427,450 (-5.0%) $570,308 (-6.5%) 1.01 12,304
    2024-11-01 $425,000 (-5.0%) $561,166 (-7.1%) 1.02 12,644
    2024-12-01 $419,950 (-4.3%) $557,767 (-5.4%) 1.04 12,252
    2025-01-01 $419,900 (-3.5%) $554,785 (-5.1%) 0.00 12,158
    Orlando's median listing price for 2025-01-01 was $419,900, a difference of $-15,100 (-3.5%) versus the prior year and $-50 versus the prior month.

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

    Orlando's average listing price for 2025-01-01 was $554,785, a difference of $-29,636 (-5.1%) versus the prior year and $-2,982 versus the prior month.

    For the 2025-01-01 period, Orlando had 12,158 MLS listings, a difference of -94 listings (-1%) versus the prior month and 3,435 listings (39%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Orlando (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 71 days 2,113 sqft
    2018-02-01 64 days 2,129 sqft
    2018-03-01 53 days 2,161 sqft
    2018-04-01 54 days 2,185 sqft
    2018-05-01 54 days 2,166 sqft
    2018-06-01 54 days 2,173 sqft
    2018-07-01 55 days 2,162 sqft
    2018-08-01 56 days 2,146 sqft
    2018-09-01 58 days 2,099 sqft
    2018-10-01 57 days 2,088 sqft
    2018-11-01 58 days 2,054 sqft
    2018-12-01 65 days 2,043 sqft
    2019-01-01 72 days 2,036 sqft
    2019-02-01 63 days 2,041 sqft
    2019-03-01 57 days 2,064 sqft
    2019-04-01 56 days 2,082 sqft
    2019-05-01 54 days 2,100 sqft
    2019-06-01 56 days 2,106 sqft
    2019-07-01 56 days 2,114 sqft
    2019-08-01 58 days 2,105 sqft
    2019-09-01 60 days 2,092 sqft
    2019-10-01 62 days 2,085 sqft
    2019-11-01 58 days 2,082 sqft
    2019-12-01 65 days 2,080 sqft
    2020-01-01 70 days 2,063 sqft
    2020-02-01 63 days 2,070 sqft
    2020-03-01 52 days 2,069 sqft
    2020-04-01 55 days 2,009 sqft
    2020-05-01 65 days 1,993 sqft
    2020-06-01 68 days 1,989 sqft
    2020-07-01 59 days 1,987 sqft
    2020-08-01 55 days 1,975 sqft
    2020-09-01 55 days 1,950 sqft
    2020-10-01 56 days 1,920 sqft
    2020-11-01 57 days 1,914 sqft
    2020-12-01 61 days 1,903 sqft
    2021-01-01 65 days 1,866 sqft
    2021-02-01 59 days 1,828 sqft
    2021-03-01 46 days 1,829 sqft
    2021-04-01 40 days 1,805 sqft
    2021-05-01 36 days 1,800 sqft
    2021-06-01 33 days 1,847 sqft
    2021-07-01 34 days 1,852 sqft
    2021-08-01 36 days 1,864 sqft
    2021-09-01 37 days 1,867 sqft
    2021-10-01 40 days 1,888 sqft
    2021-11-01 42 days 1,849 sqft
    2021-12-01 58 days 1,853 sqft
    2022-01-01 43 days 1,848 sqft
    2022-02-01 34 days 1,821 sqft
    2022-03-01 30 days 1,826 sqft
    2022-04-01 30 days 1,847 sqft
    2022-05-01 27 days 1,911 sqft
    2022-06-01 29 days 1,950 sqft
    2022-07-01 30 days 1,959 sqft
    2022-08-01 40 days 1,937 sqft
    2022-09-01 48 days 1,914 sqft
    2022-10-01 57 days 1,914 sqft
    2022-11-01 61 days 1,914 sqft
    2022-12-01 67 days 1,902 sqft
    2023-01-01 72 days 1,896 sqft
    2023-02-01 64 days 1,907 sqft
    2023-03-01 53 days 1,914 sqft
    2023-04-01 51 days 1,914 sqft
    2023-05-01 47 days 1,935 sqft
    2023-06-01 46 days 1,956 sqft
    2023-07-01 46 days 1,951 sqft
    2023-08-01 46 days 1,936 sqft
    2023-09-01 50 days 1,914 sqft
    2023-10-01 50 days 1,902 sqft
    2023-11-01 53 days 1,885 sqft
    2023-12-01 58 days 1,850 sqft
    2024-01-01 66 days 1,846 sqft
    2024-02-01 64 days 1,839 sqft
    2024-03-01 54 days 1,850 sqft
    2024-04-01 54 days 1,863 sqft
    2024-05-01 51 days 1,859 sqft
    2024-06-01 52 days 1,861 sqft
    2024-07-01 59 days 1,855 sqft
    2024-08-01 63 days 1,846 sqft
    2024-09-01 65 days 1,843 sqft
    2024-10-01 69 days 1,831 sqft
    2024-11-01 73 days 1,828 sqft
    2024-12-01 80 days 1,824 sqft
    2025-01-01 0 days 1,823 sqft
    Orlando's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Orlando's median square footage for active listings during the 2025-01-01 period was 1,823 sqft. One year prior, the average listing was 1,846 sqft.