Raymondville USDA Loan Rates, Closing Costs & Stats
Raymondville, TX
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.
Raymondville's 3 lenders originated 4 USDA loans during 2023. The total origination value was $740,000, with an average USDA loan value of $185,000.
Raymondville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Raymondville
averaged
0.2%
for the week of 2024-11-15, compared to the national average (all USDA variants) of
0% for the same period.
Raymondville's average USDA mortgage closing costs are $6,491.
The average rate for the prior week (2024-11-08) was
6.36% and
one month ago for the week of 2024-10-11, the
average rate was 6.22%.
The average rate one year ago was 7.44%.
For refis of the same type during the week of 2024-11-15, the average rate
was -0.1%.
Raymondville 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 Raymondville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| DRAPER AND KRAMER MORTGAGE CORP. | 2 | 6.88% | $7,738 |
| CORNERSTONE HOME LENDING, INC. | 1 | 5.50% | $8,506 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.75% | $10,773 |
The top Raymondville USDA lender as defined by loan originations is DRAPER AND KRAMER MORTGAGE CORP., with
2 USDA loans originated. Their average total fees are
$7,738, which is $768
lower than the next largest lender,
CORNERSTONE HOME LENDING, INC..
The lowest fee Raymondville USDA lenders (with over 10 loans originated) are
.
The lowest rate Raymondville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Raymondville (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 | $194,000 (25.2%) | $204,150 (23.4%) | 0.00 | 53 |
| 2018-02-01 | $183,225 (22.2%) | $204,180 (25.0%) | 0.00 | 51 |
| 2018-03-01 | $176,950 (31.1%) | $191,700 (18.6%) | 0.00 | 48 |
| 2018-04-01 | $182,500 (21.8%) | $194,357 (15.1%) | 0.00 | 49 |
| 2018-05-01 | $186,175 (16.9%) | $191,777 (14.3%) | 0.00 | 45 |
| 2018-06-01 | $155,000 (-2.5%) | $179,972 (6.2%) | 0.00 | 49 |
| 2018-07-01 | $173,200 (12.1%) | $192,533 (21.3%) | 0.00 | 51 |
| 2018-08-01 | $155,750 (-3.9%) | $181,250 (13.2%) | 0.00 | 52 |
| 2018-09-01 | $169,000 (-6.1%) | $183,334 (-1.4%) | 0.00 | 49 |
| 2018-10-01 | $169,500 (-15.0%) | $188,212 (-5.4%) | 0.00 | 49 |
| 2018-11-01 | $170,475 (-14.4%) | $186,857 (-9.1%) | 0.00 | 44 |
| 2018-12-01 | $189,000 (-2.6%) | $200,974 (-0.4%) | 0.00 | 40 |
| 2019-01-01 | $163,225 (-15.9%) | $185,878 (-9.0%) | 0.00 | 42 |
| 2019-02-01 | $178,500 (-2.6%) | $196,813 (-3.6%) | 0.00 | 37 |
| 2019-03-01 | $175,000 (-1.1%) | $197,883 (3.2%) | 0.00 | 36 |
| 2019-04-01 | $181,225 (-0.7%) | $203,390 (4.7%) | 0.00 | 36 |
| 2019-05-01 | $194,225 (4.3%) | $211,017 (10.0%) | 0.00 | 36 |
| 2019-06-01 | $150,000 (-3.2%) | $205,429 (14.1%) | 0.00 | 36 |
| 2019-07-01 | $149,975 (-13.4%) | $201,445 (4.6%) | 0.00 | 36 |
| 2019-08-01 | $205,964 (32.2%) | $222,103 (22.5%) | 0.00 | 37 |
| 2019-09-01 | $230,734 (36.5%) | $252,263 (37.6%) | 0.00 | 37 |
| 2019-10-01 | $246,998 (45.7%) | $271,673 (44.3%) | 0.00 | 37 |
| 2019-11-01 | $248,500 (45.8%) | $267,088 (42.9%) | 0.00 | 38 |
| 2019-12-01 | $261,363 (38.3%) | $307,761 (53.1%) | 0.00 | 34 |
| 2020-01-01 | $258,225 (58.2%) | $303,390 (63.2%) | 0.00 | 34 |
| 2020-02-01 | $244,000 (36.7%) | $279,272 (41.9%) | 0.00 | 34 |
| 2020-03-01 | $225,000 (28.6%) | $270,534 (36.7%) | 0.00 | 33 |
| 2020-04-01 | $197,288 (8.9%) | $253,470 (24.6%) | 0.00 | 30 |
| 2020-05-01 | $224,000 (15.3%) | $264,274 (25.2%) | 0.00 | 29 |
| 2020-06-01 | $224,500 (49.7%) | $270,839 (31.8%) | 0.00 | 28 |
| 2020-07-01 | $232,500 (55.0%) | $296,116 (47.0%) | 0.00 | 27 |
| 2020-08-01 | $235,500 (14.3%) | $303,913 (36.8%) | 0.00 | 23 |
| 2020-09-01 | $220,000 (-4.7%) | $313,654 (24.3%) | 0.00 | 23 |
| 2020-10-01 | $215,000 (-13.0%) | $298,483 (9.9%) | 0.00 | 26 |
| 2020-11-01 | $184,725 (-25.7%) | $279,156 (4.5%) | 0.00 | 26 |
| 2020-12-01 | $210,000 (-19.7%) | $266,139 (-13.5%) | 0.00 | 27 |
| 2021-01-01 | $175,000 (-32.2%) | $252,850 (-16.7%) | 0.00 | 23 |
| 2021-02-01 | $172,000 (-29.5%) | $232,965 (-16.6%) | 0.00 | 14 |
| 2021-03-01 | $171,225 (-23.9%) | $227,486 (-15.9%) | 0.00 | 17 |
| 2021-04-01 | $210,000 (6.4%) | $302,762 (19.5%) | 0.00 | 22 |
| 2021-05-01 | $255,000 (13.8%) | $326,158 (23.4%) | 0.00 | 17 |
| 2021-06-01 | $217,500 (-3.1%) | $295,610 (9.2%) | 0.00 | 15 |
| 2021-07-01 | $283,500 (21.9%) | $329,838 (11.4%) | 0.00 | 16 |
| 2021-08-01 | $275,625 (17.0%) | $304,808 (0.3%) | 0.00 | 19 |
| 2021-09-01 | $293,950 (33.6%) | $321,085 (2.4%) | 0.00 | 19 |
| 2021-10-01 | $214,500 (-0.2%) | $282,890 (-5.2%) | 0.00 | 19 |
| 2021-11-01 | $375,000 (103.0%) | $324,097 (16.1%) | 0.00 | 19 |
| 2021-12-01 | $188,500 (-10.2%) | $278,436 (4.6%) | 0.00 | 17 |
| 2022-01-01 | $175,000 (0.0%) | $271,830 (7.5%) | 0.00 | 17 |
| 2022-02-01 | $208,750 (21.4%) | $280,203 (20.3%) | 0.00 | 13 |
| 2022-03-01 | $257,250 (50.2%) | $337,037 (48.2%) | 0.00 | 12 |
| 2022-04-01 | $279,000 (32.9%) | $428,227 (41.4%) | 0.00 | 12 |
| 2022-05-01 | $284,000 (11.4%) | $433,534 (32.9%) | 0.00 | 10 |
| 2022-06-01 | $209,125 (-3.9%) | $395,755 (33.9%) | 0.00 | 13 |
| 2022-07-01 | $229,500 (-19.1%) | $403,825 (22.4%) | 0.00 | 15 |
| 2022-08-01 | $236,375 (-14.2%) | $396,644 (30.1%) | 0.00 | 17 |
| 2022-09-01 | $273,495 (-7.0%) | $466,464 (45.3%) | 0.00 | 20 |
| 2022-10-01 | $359,950 (67.8%) | $443,569 (56.8%) | 0.00 | 21 |
| 2022-11-01 | $338,000 (-9.9%) | $401,495 (23.9%) | 0.00 | 21 |
| 2022-12-01 | $225,250 (19.5%) | $335,851 (20.6%) | 0.00 | 20 |
| 2023-01-01 | $213,000 (21.7%) | $330,229 (21.5%) | 0.00 | 21 |
| 2023-02-01 | $200,000 (-4.2%) | $297,286 (6.1%) | 0.00 | 21 |
| 2023-03-01 | $216,000 (-16.0%) | $320,674 (-4.9%) | 0.00 | 22 |
| 2023-04-01 | $210,000 (-24.7%) | $305,033 (-28.8%) | 0.00 | 23 |
| 2023-05-01 | $212,500 (-25.2%) | $331,667 (-23.5%) | 0.00 | 21 |
| 2023-06-01 | $242,500 (16.0%) | $340,485 (-14.0%) | 0.00 | 19 |
| 2023-07-01 | $194,750 (-15.1%) | $262,257 (-35.1%) | 0.00 | 20 |
| 2023-08-01 | $196,000 (-17.1%) | $257,897 (-35.0%) | 0.00 | 17 |
| 2023-09-01 | $215,000 (-21.4%) | $232,544 (-50.2%) | 0.00 | 25 |
| 2023-10-01 | $231,000 (-35.8%) | $257,392 (-42.0%) | 0.00 | 30 |
| 2023-11-01 | $272,000 (-19.5%) | $294,444 (-26.7%) | 0.00 | 29 |
| 2023-12-01 | $279,000 (23.9%) | $304,044 (-9.5%) | 0.00 | 30 |
| 2024-01-01 | $307,500 (44.4%) | $324,708 (-1.7%) | 0.00 | 26 |
| 2024-02-01 | $273,250 (36.6%) | $322,062 (8.3%) | 0.00 | 28 |
| 2024-03-01 | $285,000 (31.9%) | $340,817 (6.3%) | 0.00 | 26 |
| 2024-04-01 | $242,500 (15.5%) | $294,956 (-3.3%) | 0.00 | 25 |
| 2024-05-01 | $216,250 (1.8%) | $295,245 (-11.0%) | 0.00 | 29 |
| 2024-06-01 | $199,999 (-17.5%) | $296,253 (-13.0%) | 0.00 | 31 |
| 2024-07-01 | $226,167 (16.1%) | $287,825 (9.8%) | 0.00 | 35 |
| 2024-08-01 | $234,895 (19.8%) | $294,918 (14.4%) | 0.00 | 42 |
| 2024-09-01 | $234,948 (9.3%) | $291,546 (25.4%) | 0.00 | 47 |
| 2024-10-01 | $264,500 (14.5%) | $307,436 (19.4%) | 0.00 | 52 |
Raymondville's median listing price comes in at 0% of the national average.
Raymondville's average listing price for 2024-10-01 was $307,436, a difference of $50,044 (19.4%) versus the prior year and $15,890 versus the prior month.
For the 2024-10-01 period, Raymondville had 52 MLS listings, a difference of 5 listings (11%) versus the prior month and 22 listings (73%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Raymondville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,973 sqft |
| 2018-02-01 | 0 days | 2,061 sqft |
| 2018-03-01 | 0 days | 1,956 sqft |
| 2018-04-01 | 0 days | 1,973 sqft |
| 2018-05-01 | 0 days | 1,898 sqft |
| 2018-06-01 | 0 days | 1,656 sqft |
| 2018-07-01 | 0 days | 1,708 sqft |
| 2018-08-01 | 0 days | 1,612 sqft |
| 2018-09-01 | 0 days | 1,617 sqft |
| 2018-10-01 | 0 days | 1,704 sqft |
| 2018-11-01 | 0 days | 1,617 sqft |
| 2018-12-01 | 0 days | 1,787 sqft |
| 2019-01-01 | 0 days | 1,616 sqft |
| 2019-02-01 | 0 days | 1,621 sqft |
| 2019-03-01 | 0 days | 1,614 sqft |
| 2019-04-01 | 0 days | 1,608 sqft |
| 2019-05-01 | 0 days | 1,618 sqft |
| 2019-06-01 | 0 days | 1,564 sqft |
| 2019-07-01 | 0 days | 1,400 sqft |
| 2019-08-01 | 0 days | 1,505 sqft |
| 2019-09-01 | 0 days | 1,662 sqft |
| 2019-10-01 | 0 days | 1,784 sqft |
| 2019-11-01 | 0 days | 1,919 sqft |
| 2019-12-01 | 0 days | 1,957 sqft |
| 2020-01-01 | 0 days | 2,053 sqft |
| 2020-02-01 | 0 days | 2,007 sqft |
| 2020-03-01 | 0 days | 1,885 sqft |
| 2020-04-01 | 0 days | 1,784 sqft |
| 2020-05-01 | 0 days | 1,784 sqft |
| 2020-06-01 | 0 days | 1,738 sqft |
| 2020-07-01 | 0 days | 1,950 sqft |
| 2020-08-01 | 0 days | 1,977 sqft |
| 2020-09-01 | 0 days | 2,006 sqft |
| 2020-10-01 | 0 days | 2,037 sqft |
| 2020-11-01 | 0 days | 1,997 sqft |
| 2020-12-01 | 0 days | 2,056 sqft |
| 2021-01-01 | 0 days | 2,088 sqft |
| 2021-02-01 | 0 days | 2,056 sqft |
| 2021-03-01 | 0 days | 1,893 sqft |
| 2021-04-01 | 0 days | 2,182 sqft |
| 2021-05-01 | 0 days | 2,278 sqft |
| 2021-06-01 | 0 days | 1,559 sqft |
| 2021-07-01 | 0 days | 1,888 sqft |
| 2021-08-01 | 0 days | 1,685 sqft |
| 2021-09-01 | 0 days | 1,800 sqft |
| 2021-10-01 | 0 days | 1,500 sqft |
| 2021-11-01 | 0 days | 2,409 sqft |
| 2021-12-01 | 0 days | 2,197 sqft |
| 2022-01-01 | 0 days | 2,300 sqft |
| 2022-02-01 | 0 days | 1,784 sqft |
| 2022-03-01 | 0 days | 1,806 sqft |
| 2022-04-01 | 0 days | 2,100 sqft |
| 2022-05-01 | 0 days | 1,926 sqft |
| 2022-06-01 | 0 days | 1,913 sqft |
| 2022-07-01 | 0 days | 2,456 sqft |
| 2022-08-01 | 0 days | 2,448 sqft |
| 2022-09-01 | 0 days | 2,464 sqft |
| 2022-10-01 | 0 days | 2,482 sqft |
| 2022-11-01 | 0 days | 2,482 sqft |
| 2022-12-01 | 0 days | 1,932 sqft |
| 2023-01-01 | 0 days | 1,836 sqft |
| 2023-02-01 | 0 days | 1,670 sqft |
| 2023-03-01 | 0 days | 1,749 sqft |
| 2023-04-01 | 0 days | 1,652 sqft |
| 2023-05-01 | 0 days | 1,694 sqft |
| 2023-06-01 | 0 days | 1,652 sqft |
| 2023-07-01 | 0 days | 1,550 sqft |
| 2023-08-01 | 0 days | 1,550 sqft |
| 2023-09-01 | 0 days | 1,512 sqft |
| 2023-10-01 | 0 days | 1,541 sqft |
| 2023-11-01 | 0 days | 1,640 sqft |
| 2023-12-01 | 0 days | 1,832 sqft |
| 2024-01-01 | 0 days | 1,695 sqft |
| 2024-02-01 | 0 days | 1,695 sqft |
| 2024-03-01 | 0 days | 1,568 sqft |
| 2024-04-01 | 0 days | 1,565 sqft |
| 2024-05-01 | 0 days | 1,415 sqft |
| 2024-06-01 | 0 days | 1,204 sqft |
| 2024-07-01 | 0 days | 1,474 sqft |
| 2024-08-01 | 0 days | 1,584 sqft |
| 2024-09-01 | 0 days | 1,611 sqft |
| 2024-10-01 | 0 days | 1,628 sqft |
Raymondville's median square footage for active listings during the 2024-10-01 period was 1,628 sqft. One year prior, the average listing was 1,541 sqft.