Rolla USDA Loan Rates, Closing Costs & Stats

Rolla, MO

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Rolla's 9 lenders originated 39 USDA loans during 2023. The total origination value was $6,745,000, with an average USDA loan value of $172,949.

    Rolla USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Rolla averaged 7.22% for the week of 2024-05-03, compared to the national average (all USDA variants) of 6.892% for the same period.

    Rolla's average USDA mortgage closing costs are $4,381.

    The average rate for the prior week (2024-04-26) was 7.16% and one month ago for the week of 2024-03-29, the average rate was 6.72%.

    The average rate one year ago was 6.54%.

    For refis of the same type during the week of 2024-05-03, the average rate was 6.69%.

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

    Rolla 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 Rolla level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FLAT BRANCH MORTGAGE, INC. 11 6.77% $4,851
    DAS Acquisition Company, LLC 10 6.90% $5,731
    GUILD MORTGAGE COMPANY 9 6.88% $6,140
    BROKER SOLUTIONS, INC. 3 5.88% $5,884
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.00% $5,335
    UNITED WHOLESALE MORTGAGE, LLC 1 6.13% $5,987
    ENDEAVOR CAPITAL, LLC. 1 6.00% $10,126
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 1 7.25% $5,946
    PLAZA HOME MORTGAGE, INC. 1 7.25% $11,123

    The top Rolla USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 11 USDA loans originated. Their average total fees are $4,851, which is $880 lower than the next largest lender, DAS Acquisition Company, LLC.

    The lowest fee Rolla USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($4,851), DAS Acquisition Company, LLC ($5,731), .

    The lowest rate Rolla USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. (6.77%), DAS Acquisition Company, LLC (6.90%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Rolla (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 $137,225 (-0.2%) $175,011 (12.2%) 0.00 163
    2018-02-01 $139,900 (7.7%) $182,513 (18.5%) 0.00 151
    2018-03-01 $144,000 (8.8%) $188,053 (18.3%) 0.00 163
    2018-04-01 $158,950 (15.3%) $194,556 (21.0%) 0.00 164
    2018-05-01 $159,450 (18.2%) $198,753 (23.1%) 0.00 185
    2018-06-01 $167,700 (24.4%) $198,187 (23.5%) 0.00 200
    2018-07-01 $169,900 (29.0%) $189,492 (22.1%) 0.00 204
    2018-08-01 $166,200 (28.3%) $190,261 (26.9%) 0.00 208
    2018-09-01 $162,450 (29.4%) $187,995 (24.6%) 0.00 217
    2018-10-01 $159,900 (23.1%) $182,438 (14.3%) 0.00 218
    2018-11-01 $166,850 (26.6%) $183,403 (11.0%) 0.00 216
    2018-12-01 $159,900 (20.3%) $182,171 (6.7%) 0.00 207
    2019-01-01 $159,450 (16.2%) $178,531 (2.0%) 0.00 209
    2019-02-01 $161,650 (15.6%) $182,575 (0.0%) 0.00 196
    2019-03-01 $172,600 (19.9%) $187,067 (-0.5%) 0.00 191
    2019-04-01 $171,550 (7.9%) $185,505 (-4.7%) 0.00 193
    2019-05-01 $179,900 (12.8%) $190,411 (-4.2%) 0.00 207
    2019-06-01 $174,900 (4.3%) $187,667 (-5.3%) 0.00 220
    2019-07-01 $184,600 (8.7%) $197,169 (4.1%) 0.00 214
    2019-08-01 $185,600 (11.7%) $199,168 (4.7%) 0.00 204
    2019-09-01 $186,950 (15.1%) $198,244 (5.5%) 0.00 201
    2019-10-01 $183,800 (15.0%) $197,134 (8.1%) 0.00 193
    2019-11-01 $174,500 (4.6%) $194,682 (6.2%) 0.00 174
    2019-12-01 $183,650 (14.9%) $206,105 (13.1%) 0.00 163
    2020-01-01 $184,975 (16.0%) $207,566 (16.3%) 0.00 159
    2020-02-01 $187,000 (15.7%) $210,534 (15.3%) 0.00 144
    2020-03-01 $182,225 (5.6%) $205,605 (9.9%) 0.00 167
    2020-04-01 $176,425 (2.8%) $206,057 (11.1%) 0.00 155
    2020-05-01 $185,000 (2.8%) $217,213 (14.1%) 0.00 130
    2020-06-01 $169,375 (-3.2%) $210,925 (12.4%) 0.00 117
    2020-07-01 $164,225 (-11.0%) $207,874 (5.4%) 0.00 114
    2020-08-01 $150,900 (-18.7%) $201,430 (1.1%) 0.00 105
    2020-09-01 $139,925 (-25.2%) $185,047 (-6.7%) 0.00 90
    2020-10-01 $139,900 (-23.9%) $188,896 (-4.2%) 0.00 78
    2020-11-01 $141,975 (-18.6%) $178,237 (-8.5%) 0.00 79
    2020-12-01 $148,325 (-19.2%) $181,747 (-11.8%) 0.00 85
    2021-01-01 $159,900 (-13.6%) $195,480 (-5.8%) 0.00 72
    2021-02-01 $153,050 (-18.2%) $201,179 (-4.4%) 0.00 57
    2021-03-01 $175,200 (-3.9%) $227,076 (10.4%) 0.00 49
    2021-04-01 $167,225 (-5.2%) $231,332 (12.3%) 0.00 52
    2021-05-01 $161,450 (-12.7%) $235,875 (8.6%) 0.00 56
    2021-06-01 $195,200 (15.3%) $263,336 (24.9%) 0.00 65
    2021-07-01 $189,900 (15.6%) $283,063 (36.2%) 0.00 88
    2021-08-01 $189,550 (25.6%) $292,722 (45.3%) 0.00 102
    2021-09-01 $185,475 (32.6%) $290,516 (57.0%) 0.00 94
    2021-10-01 $172,450 (23.3%) $279,136 (47.8%) 0.00 88
    2021-11-01 $167,475 (18.0%) $272,068 (52.6%) 0.00 85
    2021-12-01 $162,675 (9.7%) $280,227 (54.2%) 0.00 83
    2022-01-01 $156,500 (-2.1%) $262,925 (34.5%) 0.00 72
    2022-02-01 $194,200 (26.9%) $297,090 (47.7%) 0.00 54
    2022-03-01 $222,225 (26.8%) $313,569 (38.1%) 0.00 53
    2022-04-01 $235,000 (40.5%) $300,796 (30.0%) 0.00 70
    2022-05-01 $260,000 (61.0%) $322,347 (36.7%) 0.00 83
    2022-06-01 $256,500 (31.4%) $317,803 (20.7%) 0.00 91
    2022-07-01 $281,000 (48.0%) $340,409 (20.3%) 0.00 91
    2022-08-01 $277,450 (46.4%) $345,955 (18.2%) 0.00 86
    2022-09-01 $275,000 (48.3%) $339,342 (16.8%) 0.00 90
    2022-10-01 $258,450 (49.9%) $327,553 (17.4%) 0.00 103
    2022-11-01 $264,650 (58.0%) $330,743 (21.6%) 0.00 101
    2022-12-01 $239,500 (47.2%) $314,931 (12.4%) 0.00 92
    2023-01-01 $233,725 (49.4%) $300,121 (14.2%) 0.00 80
    2023-02-01 $241,250 (24.2%) $299,089 (0.7%) 0.00 70
    2023-03-01 $257,475 (15.9%) $311,825 (-0.6%) 0.00 71
    2023-04-01 $284,950 (21.3%) $339,286 (12.8%) 0.00 68
    2023-05-01 $281,700 (8.4%) $333,028 (3.3%) 0.00 70
    2023-06-01 $271,175 (5.7%) $332,974 (4.8%) 0.00 75
    2023-07-01 $260,000 (-7.5%) $331,335 (-2.7%) 0.00 87
    2023-08-01 $273,125 (-1.6%) $329,851 (-4.7%) 0.00 84
    2023-09-01 $249,900 (-9.1%) $299,538 (-11.7%) 0.00 76
    2023-10-01 $236,250 (-8.6%) $295,608 (-9.8%) 0.00 75
    2023-11-01 $233,750 (-11.7%) $287,741 (-13.0%) 0.00 72
    2023-12-01 $209,900 (-12.4%) $289,614 (-8.0%) 0.00 73
    2024-01-01 $239,500 (2.5%) $305,615 (1.8%) 0.00 66
    2024-02-01 $294,450 (22.1%) $363,284 (21.5%) 0.00 63
    2024-03-01 $299,000 (16.1%) $367,987 (18.0%) 0.00 64
    2024-04-01 $275,175 (-3.4%) $335,853 (-1.0%) 0.00 81
    Rolla's median listing price for 2024-04-01 was $275,175, a difference of $-9,775 (-3.4%) versus the prior year and $-23,825 versus the prior month.

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

    Rolla's average listing price for 2024-04-01 was $335,853, a difference of $-3,433 (-1.0%) versus the prior year and $-32,134 versus the prior month.

    For the 2024-04-01 period, Rolla had 81 MLS listings, a difference of 17 listings (27%) versus the prior month and 13 listings (19%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Rolla (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,635 sqft
    2018-02-01 0 days 1,665 sqft
    2018-03-01 0 days 1,753 sqft
    2018-04-01 0 days 1,872 sqft
    2018-05-01 0 days 1,801 sqft
    2018-06-01 0 days 1,800 sqft
    2018-07-01 0 days 1,757 sqft
    2018-08-01 0 days 1,729 sqft
    2018-09-01 0 days 1,719 sqft
    2018-10-01 0 days 1,718 sqft
    2018-11-01 0 days 1,727 sqft
    2018-12-01 0 days 1,719 sqft
    2019-01-01 0 days 1,740 sqft
    2019-02-01 0 days 1,734 sqft
    2019-03-01 0 days 1,688 sqft
    2019-04-01 0 days 1,661 sqft
    2019-05-01 0 days 1,710 sqft
    2019-06-01 0 days 1,712 sqft
    2019-07-01 0 days 1,715 sqft
    2019-08-01 0 days 1,715 sqft
    2019-09-01 0 days 1,715 sqft
    2019-10-01 0 days 1,709 sqft
    2019-11-01 0 days 1,680 sqft
    2019-12-01 0 days 1,697 sqft
    2020-01-01 0 days 1,733 sqft
    2020-02-01 0 days 1,878 sqft
    2020-03-01 0 days 1,924 sqft
    2020-04-01 0 days 1,878 sqft
    2020-05-01 0 days 1,912 sqft
    2020-06-01 0 days 1,769 sqft
    2020-07-01 0 days 1,702 sqft
    2020-08-01 0 days 1,685 sqft
    2020-09-01 0 days 1,510 sqft
    2020-10-01 0 days 1,626 sqft
    2020-11-01 0 days 1,625 sqft
    2020-12-01 0 days 1,685 sqft
    2021-01-01 0 days 1,817 sqft
    2021-02-01 0 days 1,808 sqft
    2021-03-01 0 days 1,942 sqft
    2021-04-01 0 days 1,987 sqft
    2021-05-01 0 days 1,686 sqft
    2021-06-01 0 days 1,942 sqft
    2021-07-01 0 days 1,800 sqft
    2021-08-01 0 days 1,802 sqft
    2021-09-01 0 days 1,817 sqft
    2021-10-01 0 days 1,709 sqft
    2021-11-01 0 days 1,715 sqft
    2021-12-01 0 days 1,727 sqft
    2022-01-01 0 days 1,610 sqft
    2022-02-01 0 days 1,766 sqft
    2022-03-01 0 days 1,701 sqft
    2022-04-01 0 days 1,784 sqft
    2022-05-01 0 days 1,789 sqft
    2022-06-01 0 days 1,856 sqft
    2022-07-01 0 days 2,214 sqft
    2022-08-01 0 days 2,048 sqft
    2022-09-01 0 days 1,897 sqft
    2022-10-01 0 days 1,874 sqft
    2022-11-01 0 days 1,978 sqft
    2022-12-01 0 days 1,862 sqft
    2023-01-01 0 days 1,847 sqft
    2023-02-01 0 days 1,984 sqft
    2023-03-01 0 days 1,873 sqft
    2023-04-01 0 days 1,935 sqft
    2023-05-01 0 days 1,857 sqft
    2023-06-01 0 days 1,966 sqft
    2023-07-01 0 days 1,992 sqft
    2023-08-01 0 days 1,913 sqft
    2023-09-01 0 days 1,904 sqft
    2023-10-01 0 days 1,876 sqft
    2023-11-01 0 days 1,608 sqft
    2023-12-01 0 days 1,602 sqft
    2024-01-01 0 days 1,781 sqft
    2024-02-01 0 days 2,099 sqft
    2024-03-01 0 days 2,100 sqft
    2024-04-01 0 days 1,808 sqft
    Rolla's median listing age (time on market) for 2024-04-01 was 0 days.

    Rolla's median square footage for active listings during the 2024-04-01 period was 1,808 sqft. One year prior, the average listing was 1,935 sqft.