San Antonio USDA Loan Rates, Closing Costs & Stats

SAN ANTONIO-NEW BRAUNFELS, TX

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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.

    San Antonio's 71 lenders originated 532 USDA loans during 2021. The total origination value was $126,180,000, with an average USDA loan value of $237,180.

    San Antonio USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in San Antonio averaged -0.17% for the week of 2023-01-20, compared to the national average (all USDA variants) of 0% for the same period.

    San Antonio's average USDA mortgage closing costs are $6,584.

    The average rate for the prior week (2023-01-13) was 6.27% and one month ago for the week of 2022-12-16, the average rate was 6.15%.

    The average rate one year ago was 3.87%.

    For refis of the same type during the week of 2023-01-20, the average rate was -0.12%.

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

    San Antonio 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 San Antonio level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 121 2.65% $5,933
    PULTE MORTGAGE LLC 50 3.03% $3,683
    LOANDEPOT.COM, LLC 41 3.12% $7,337
    CORNERSTONE HOME LENDING, INC. 34 3.17% $9,582
    FBC MORTGAGE, LLC 27 2.84% $7,418
    KBHS HOME LOANS, LLC 22 3.17% $8,316
    EAGLE HOME MORTGAGE, LLC 15 2.77% $5,567
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 14 2.92% $4,946
    PILGRIM MORTGAGE LLC 11 3.03% $7,400
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 3.24% $8,073
    AMCAP MORTGAGE, LTD. 11 2.92% $8,509
    MOVEMENT MORTGAGE, LLC 10 2.94% $8,202
    Bank of England 10 3.06% $10,148
    V.I.P. MORTGAGE, INC. 8 3.05% $7,607
    GUILD MORTGAGE COMPANY 8 2.98% $9,238
    Colten Mortgage, LLC 7 2.66% $4,687
    CALCON MUTUAL MORTGAGE LLC 6 2.85% $8,389
    AMERICAN PACIFIC MORTGAGE CORPORATION 6 2.92% $6,503
    CALIBER HOME LOANS, INC. 6 2.94% $8,679
    M/I FINANCIAL, LLC 5 2.88% $7,400
    INTERLINC MORTGAGE SERVICES, LLC 5 3.15% $6,649
    Amerifirst Financial, Inc. 5 2.85% $5,963
    SOUTHWEST FUNDING, LP 5 3.18% $11,483
    FIRST CENTENNIAL MORTGAGE CORPORATION 5 2.65% $6,409
    PENNYMAC LOAN SERVICES, LLC 4 2.59% $7,124
    DIRECTIONS EQUITY, LLC 4 3.22% $7,376
    MORTGAGE FINANCIAL SERVICES, LLC 4 2.84% $6,106
    Wallick & Volk, Inc. 4 2.94% $4,504
    CMG MORTGAGE, INC. 3 2.83% $8,890
    INSPIRE HOME LOANS INC. 3 2.88% $8,611
    Austin Capital Bank SSB 3 2.96% $7,777
    CANOPY MORTGAGE, LLC 3 2.63% $6,917
    GENEVA FINANCIAL, LLC 2 2.75% $8,920
    Gateway First Bank 2 2.88% $6,336
    GUARANTEED RATE, INC. 2 2.69% $6,741
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.13% $8,215
    HOME POINT FINANCIAL CORPORATION 2 2.81% $6,257
    LAKEVIEW LOAN SERVICING, LLC 2 2.88% $3,942
    LEADERONE FINANCIAL CORPORATION 2 2.88% $7,384
    ANGEL OAK HOME LOANS LLC 2 2.94% $9,416
    S1L, Inc. 2 3.06% $9,597
    SENTE MORTGAGE, INC. 2 3.06% $7,275
    THRIVE MORTGAGE, LLC 2 2.94% $7,401
    Flagstar Bank, FSB 1 2.88% $5,368
    METROPLEX MORTGAGE SERVICES, INC. 1 2.75% $8,070
    MID AMERICA MORTGAGE, INC. 1 2.88% $4,064
    BBVA USA 1 2.75% $6,135
    Wells Fargo Bank 1 2.63% $6,688
    First Savings Bank 1 2.38% $9,675
    MUTUAL OF OMAHA MORTGAGE, INC. 1 2.50% $5,633
    NATIONS RELIABLE LENDING, LLC 1 2.63% $10,265
    Northpointe Bank 1 2.75% $6,163
    NTFN, INC. 1 2.50% $7,195
    PANORAMA MORTGAGE GROUP, LLC 1 3.50% $8,551
    1ST PREFERENCE MORTGAGE CORP. 1 3.38% $8,033
    UNIVERSITY Federal Credit Union 1 3.50% $7,405
    PLANET HOME LENDING, LLC 1 2.75% $10,097
    PLAZA HOME MORTGAGE, INC. 1 2.88% $6,649
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.75% $4,718
    AMERICAN FINANCIAL RESOURCES, INC. 1 4.50% $5,741
    ADVISA MORTGAGE SERVICES, LTD. 1 3.00% $5,201
    Equity Prime Mortgage LLC 1 3.38% $7,561
    AMERICAN FINANCIAL NETWORK, INC. 1 2.63% $8,437
    CERTAINTY HOME LOANS, LLC 1 2.75% $6,482
    SWBC MORTGAGE CORPORATION 1 3.75% $4,309
    The Federal Savings Bank 1 2.25% $5,088
    CHURCHILL MORTGAGE CORPORATION 1 3.38% $7,021
    Carrington Mortgage Services, LLC 1 2.25% $6,315
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 2.50% $11,707
    THE MORTGAGE FIRM, INC. 1 3.25% $7,738
    First Guaranty Mortgage Corporation 1 3.25% $9,401

    The top San Antonio USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 121 USDA loans originated. Their average total fees are $5,933, which is $2,251 higher than the next largest lender, PULTE MORTGAGE LLC.

    The lowest fee San Antonio USDA lenders (with over 10 loans originated) are PULTE MORTGAGE LLC ($3,683), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($4,946), EAGLE HOME MORTGAGE, LLC ($5,567), DHI MORTGAGE COMPANY, LTD. ($5,933) and LOANDEPOT.COM, LLC ($7,337).

    The lowest rate San Antonio USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (2.65%), EAGLE HOME MORTGAGE, LLC (2.77%), FBC MORTGAGE, LLC (2.84%), ARK-LA-TEX FINANCIAL SERVICES, LLC. (2.92%) and AMCAP MORTGAGE, LTD. (2.92%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - San Antonio (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 $283,925 (-0.2%) $373,914 (0.4%) 1.05 7,238
    2018-02-01 $284,985 (-1.0%) $375,278 (-0.3%) 1.03 7,291
    2018-03-01 $291,000 (-0.3%) $381,195 (-0.1%) 1.02 7,397
    2018-04-01 $299,000 (1.5%) $385,291 (-1.6%) 1.01 7,438
    2018-05-01 $299,700 (1.6%) $388,679 (-0.9%) 1.00 7,778
    2018-06-01 $299,500 (1.2%) $390,288 (-0.7%) 1.00 8,254
    2018-07-01 $295,000 (0.9%) $387,039 (-0.3%) 0.98 8,612
    2018-08-01 $291,088 (1.8%) $382,619 (0.5%) 0.97 8,889
    2018-09-01 $287,000 (1.4%) $379,425 (0.7%) 0.96 8,706
    2018-10-01 $285,443 (1.9%) $378,347 (1.5%) 0.96 8,695
    2018-11-01 $285,000 (1.8%) $373,154 (0.2%) 0.97 8,639
    2018-12-01 $285,000 (1.4%) $372,951 (0.3%) 0.98 8,408
    2019-01-01 $285,000 (0.4%) $371,088 (-0.8%) 0.98 7,936
    2019-02-01 $285,700 (0.3%) $370,065 (-1.4%) 0.96 7,992
    2019-03-01 $291,619 (0.2%) $377,457 (-1.0%) 0.95 8,155
    2019-04-01 $295,500 (-1.2%) $385,313 (0.0%) 0.94 8,587
    2019-05-01 $295,450 (-1.4%) $389,487 (0.2%) 0.92 8,873
    2019-06-01 $295,000 (-1.5%) $389,844 (-0.1%) 0.92 9,199
    2019-07-01 $293,500 (-0.5%) $387,898 (0.2%) 0.92 9,426
    2019-08-01 $288,356 (-0.9%) $383,403 (0.2%) 0.91 9,471
    2019-09-01 $285,905 (-0.4%) $378,355 (-0.3%) 0.91 9,461
    2019-10-01 $283,000 (-0.9%) $372,981 (-1.4%) 0.91 9,501
    2019-11-01 $279,900 (-1.8%) $366,193 (-1.9%) 0.92 9,368
    2019-12-01 $278,900 (-2.1%) $363,031 (-2.7%) 0.93 9,159
    2020-01-01 $279,000 (-2.1%) $362,564 (-2.3%) 0.93 8,653
    2020-02-01 $282,700 (-1.1%) $372,520 (0.7%) 0.92 8,453
    2020-03-01 $289,450 (-0.7%) $379,566 (0.6%) 0.91 8,186
    2020-04-01 $288,879 (-2.2%) $374,556 (-2.8%) 0.90 8,374
    2020-05-01 $295,000 (-0.2%) $390,202 (0.2%) 0.90 8,033
    2020-06-01 $302,499 (2.5%) $404,540 (3.8%) 0.89 7,085
    2020-07-01 $308,250 (5.0%) $411,861 (6.2%) 0.89 6,660
    2020-08-01 $300,289 (4.1%) $410,469 (7.1%) 0.86 6,286
    2020-09-01 $299,000 (4.6%) $411,002 (8.6%) 0.86 6,052
    2020-10-01 $295,318 (4.4%) $407,600 (9.3%) 0.85 5,823
    2020-11-01 $293,421 (4.8%) $405,003 (10.6%) 0.86 5,536
    2020-12-01 $290,000 (4.0%) $398,951 (9.9%) 0.86 5,076
    2021-01-01 $289,900 (3.9%) $403,439 (11.3%) 0.87 4,346
    2021-02-01 $296,014 (4.7%) $420,600 (12.9%) 0.86 3,595
    2021-03-01 $298,473 (3.1%) $430,299 (13.4%) 0.85 2,981
    2021-04-01 $303,245 (5.0%) $448,201 (19.7%) 0.82 2,633
    2021-05-01 $307,500 (4.2%) $449,000 (15.1%) 0.81 2,724
    2021-06-01 $315,000 (4.1%) $456,184 (12.8%) 0.83 3,174
    2021-07-01 $325,000 (5.4%) $464,593 (12.8%) 0.86 3,731
    2021-08-01 $335,500 (11.7%) $454,561 (10.7%) 0.89 4,472
    2021-09-01 $330,000 (10.4%) $447,643 (8.9%) 0.88 4,601
    2021-10-01 $333,000 (12.8%) $453,993 (11.4%) 0.89 4,460
    2021-11-01 $331,500 (13.0%) $458,102 (13.1%) 0.89 4,205
    2021-12-01 $337,279 (16.3%) $462,911 (16.0%) 0.91 3,953
    2022-01-01 $339,500 (17.1%) $465,817 (15.5%) 0.92 3,593
    2022-02-01 $335,885 (13.5%) $465,041 (10.6%) 0.87 2,930
    2022-03-01 $344,750 (15.5%) $474,524 (10.3%) 0.86 2,698
    2022-04-01 $359,900 (18.7%) $489,435 (9.2%) 0.86 2,903
    2022-05-01 $378,545 (23.1%) $502,283 (11.9%) 0.87 3,810
    2022-06-01 $381,495 (21.1%) $508,394 (11.5%) 0.85 4,637
    2022-07-01 $375,000 (15.4%) $493,121 (6.1%) 0.85 6,076
    2022-08-01 $361,896 (7.9%) $480,303 (5.7%) 0.84 7,234
    2022-09-01 $359,710 (9.0%) $472,839 (5.6%) 0.84 7,531
    2022-10-01 $355,000 (6.6%) $469,510 (3.4%) 0.84 8,032
    2022-11-01 $349,999 (5.6%) $458,923 (0.2%) 0.84 8,274
    2022-12-01 $349,000 (3.5%) $457,248 (-1.2%) 0.87 7,879
    San Antonio's median listing price for 2022-12-01 was $349,000, a difference of $11,721 (3.5%) versus the prior year and $-999 versus the prior month.

    San Antonio's median listing price comes in at 87% of the national average.

    San Antonio's average listing price for 2022-12-01 was $457,248, a difference of $-5,663 (-1.2%) versus the prior year and $-1,675 versus the prior month.

    For the 2022-12-01 period, San Antonio had 7,879 MLS listings, a difference of -395 listings (-5%) versus the prior month and 3,926 listings (99%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - San Antonio (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 78 days 2,336 sqft
    2018-02-01 72 days 2,352 sqft
    2018-03-01 57 days 2,380 sqft
    2018-04-01 53 days 2,408 sqft
    2018-05-01 53 days 2,419 sqft
    2018-06-01 52 days 2,407 sqft
    2018-07-01 55 days 2,391 sqft
    2018-08-01 59 days 2,380 sqft
    2018-09-01 63 days 2,356 sqft
    2018-10-01 65 days 2,336 sqft
    2018-11-01 67 days 2,311 sqft
    2018-12-01 72 days 2,303 sqft
    2019-01-01 76 days 2,289 sqft
    2019-02-01 71 days 2,299 sqft
    2019-03-01 60 days 2,318 sqft
    2019-04-01 52 days 2,329 sqft
    2019-05-01 52 days 2,326 sqft
    2019-06-01 54 days 2,323 sqft
    2019-07-01 55 days 2,323 sqft
    2019-08-01 57 days 2,294 sqft
    2019-09-01 59 days 2,264 sqft
    2019-10-01 61 days 2,241 sqft
    2019-11-01 61 days 2,234 sqft
    2019-12-01 69 days 2,194 sqft
    2020-01-01 75 days 2,183 sqft
    2020-02-01 72 days 2,194 sqft
    2020-03-01 65 days 2,224 sqft
    2020-04-01 65 days 2,220 sqft
    2020-05-01 67 days 2,241 sqft
    2020-06-01 72 days 2,244 sqft
    2020-07-01 59 days 2,241 sqft
    2020-08-01 56 days 2,239 sqft
    2020-09-01 58 days 2,182 sqft
    2020-10-01 58 days 2,147 sqft
    2020-11-01 57 days 2,104 sqft
    2020-12-01 61 days 2,064 sqft
    2021-01-01 63 days 2,030 sqft
    2021-02-01 51 days 1,980 sqft
    2021-03-01 48 days 1,961 sqft
    2021-04-01 40 days 1,995 sqft
    2021-05-01 36 days 1,992 sqft
    2021-06-01 33 days 2,014 sqft
    2021-07-01 34 days 2,042 sqft
    2021-08-01 33 days 2,084 sqft
    2021-09-01 39 days 2,029 sqft
    2021-10-01 44 days 2,000 sqft
    2021-11-01 45 days 1,994 sqft
    2021-12-01 50 days 1,991 sqft
    2022-01-01 55 days 1,966 sqft
    2022-02-01 44 days 1,912 sqft
    2022-03-01 38 days 1,920 sqft
    2022-04-01 34 days 1,979 sqft
    2022-05-01 30 days 2,042 sqft
    2022-06-01 31 days 2,057 sqft
    2022-07-01 31 days 2,051 sqft
    2022-08-01 40 days 2,031 sqft
    2022-09-01 48 days 2,029 sqft
    2022-10-01 54 days 2,021 sqft
    2022-11-01 58 days 2,013 sqft
    2022-12-01 68 days 2,000 sqft
    San Antonio's median listing age (time on market) for 2022-12-01 was 68 days. This is 37% longer than the same period one year ago.

    San Antonio's median square footage for active listings during the 2022-12-01 period was 2,000 sqft. One year prior, the average listing was 1,991 sqft.