San Antonio USDA Loan Rates, Closing Costs & Stats

SAN ANTONIO-NEW BRAUNFELS, 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.

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.