San Antonio USDA Loans

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 5.52% for the week of 2022-05-13, compared to the national average (all USDA variants) of 5.294% for the same period.

    The average rate for the prior week (2022-05-06) was 5.26% and one month ago for the week of 2022-04-08, the average rate was 4.92%.

    The average rate one year ago was 2.93%.

    For refis of the same type during the week of 2022-05-13, the average rate was 4.97%.

    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 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. Total Fees
    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 $291,995 (1.0%) $389,454 (2.7%) 1.08 8,179
    2018-02-01 $292,039 (0.5%) $391,802 (2.2%) 1.05 8,251
    2018-03-01 $299,000 (0.4%) $395,188 (1.8%) 1.03 8,460
    2018-04-01 $299,999 (0.3%) $397,957 (0.3%) 1.01 8,548
    2018-05-01 $303,250 (1.4%) $400,933 (0.9%) 1.01 8,978
    2018-06-01 $309,000 (3.0%) $405,345 (1.5%) 1.03 9,525
    2018-07-01 $301,500 (0.8%) $402,290 (1.8%) 1.01 9,906
    2018-08-01 $299,945 (2.7%) $399,299 (3.0%) 1.00 10,180
    2018-09-01 $295,000 (1.7%) $394,107 (2.6%) 0.99 9,989
    2018-10-01 $291,966 (0.7%) $390,098 (1.7%) 0.98 9,886
    2018-11-01 $290,000 (0.0%) $385,495 (-0.5%) 0.97 9,788
    2018-12-01 $289,990 (-1.4%) $381,452 (-2.1%) 0.99 9,426
    2019-01-01 $289,999 (-0.7%) $379,075 (-2.7%) 1.00 8,862
    2019-02-01 $289,950 (-0.7%) $378,135 (-3.5%) 0.97 8,904
    2019-03-01 $296,223 (-0.9%) $385,872 (-2.4%) 0.97 9,102
    2019-04-01 $299,950 (0.0%) $394,244 (-0.9%) 0.94 9,609
    2019-05-01 $300,000 (-1.1%) $399,077 (-0.5%) 0.92 9,927
    2019-06-01 $299,990 (-2.9%) $399,468 (-1.5%) 0.92 10,396
    2019-07-01 $299,900 (-0.5%) $397,414 (-1.2%) 0.93 10,714
    2019-08-01 $295,100 (-1.6%) $390,027 (-2.3%) 0.93 11,434
    2019-09-01 $289,900 (-1.7%) $381,920 (-3.1%) 0.92 11,641
    2019-10-01 $289,900 (-0.7%) $383,176 (-1.8%) 0.92 10,763
    2019-11-01 $287,000 (-1.0%) $377,128 (-2.2%) 0.93 10,514
    2019-12-01 $284,800 (-1.8%) $373,934 (-2.0%) 0.95 10,286
    2020-01-01 $285,292 (-1.6%) $375,376 (-1.0%) 0.95 9,666
    2020-02-01 $289,000 (-0.3%) $383,995 (1.6%) 0.93 9,411
    2020-03-01 $299,900 (1.2%) $398,354 (3.2%) 0.94 9,179
    2020-04-01 $299,900 (0.0%) $394,700 (0.1%) 0.93 9,463
    2020-05-01 $308,990 (3.0%) $410,201 (2.8%) 0.94 9,031
    2020-06-01 $320,634 (6.9%) $429,447 (7.5%) 0.94 7,921
    2020-07-01 $318,995 (6.4%) $426,653 (7.4%) 0.91 7,417
    2020-08-01 $317,900 (7.7%) $427,912 (9.7%) 0.91 6,999
    2020-09-01 $315,000 (8.7%) $436,161 (14.2%) 0.90 6,648
    2020-10-01 $309,000 (6.6%) $431,691 (12.7%) 0.88 6,368
    2020-11-01 $301,495 (5.1%) $425,169 (12.7%) 0.86 6,159
    2020-12-01 $297,250 (4.4%) $416,410 (11.4%) 0.87 5,593
    2021-01-01 $295,000 (3.4%) $417,182 (11.1%) 0.87 4,718
    2021-02-01 $302,500 (4.7%) $433,053 (12.8%) 0.87 3,883
    2021-03-01 $309,838 (3.3%) $448,249 (12.5%) 0.87 3,186
    2021-04-01 $313,500 (4.5%) $468,100 (18.6%) 0.84 2,785
    2021-05-01 $315,000 (2.0%) $469,393 (14.4%) 0.83 2,889
    2021-06-01 $324,344 (1.2%) $472,667 (10.1%) 0.84 3,346
    2021-07-01 $335,000 (5.0%) $477,455 (11.9%) 0.87 3,930
    2021-08-01 $349,700 (10.0%) $474,127 (10.8%) 0.92 4,805
    2021-09-01 $345,500 (9.7%) $468,033 (7.3%) 0.91 4,983
    2021-10-01 $349,000 (12.9%) $471,577 (9.2%) 0.92 4,828
    2021-11-01 $347,250 (15.2%) $479,265 (12.7%) 0.92 4,493
    2021-12-01 $349,990 (17.7%) $480,703 (15.4%) 0.93 4,243
    2022-01-01 $350,000 (18.6%) $481,584 (15.4%) 0.93 3,880
    2022-02-01 $346,673 (14.6%) $482,421 (11.4%) 0.88 3,159
    2022-03-01 $357,450 (15.4%) $497,365 (11.0%) 0.88 2,885
    2022-04-01 $377,130 (20.3%) $506,441 (8.2%) 0.89 3,137
    San Antonio's median listing price for 2022-04-01 was $377,130, a difference of $63,630 (20.3%) versus the prior year and $19,680 versus the prior month.

    San Antonio's median listing price comes in at 89% of the national average.

    San Antonio's average listing price for 2022-04-01 was $506,441, a difference of $38,341 (8.2%) versus the prior year and $9,076 versus the prior month.

    For the 2022-04-01 period, San Antonio had 3,137 MLS listings, a difference of 252 listings (9%) versus the prior month and 352 listings (13%) 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 2,374 sqft
    2018-02-01 70 days 2,385 sqft
    2018-03-01 55 days 2,399 sqft
    2018-04-01 52 days 2,424 sqft
    2018-05-01 52 days 2,436 sqft
    2018-06-01 52 days 2,437 sqft
    2018-07-01 52 days 2,419 sqft
    2018-08-01 55 days 2,411 sqft
    2018-09-01 59 days 2,393 sqft
    2018-10-01 66 days 2,353 sqft
    2018-11-01 68 days 2,326 sqft
    2018-12-01 73 days 2,318 sqft
    2019-01-01 76 days 2,305 sqft
    2019-02-01 71 days 2,312 sqft
    2019-03-01 55 days 2,333 sqft
    2019-04-01 52 days 2,347 sqft
    2019-05-01 52 days 2,348 sqft
    2019-06-01 55 days 2,340 sqft
    2019-07-01 55 days 2,333 sqft
    2019-08-01 57 days 2,300 sqft
    2019-09-01 65 days 2,268 sqft
    2019-10-01 62 days 2,261 sqft
    2019-11-01 62 days 2,247 sqft
    2019-12-01 69 days 2,224 sqft
    2020-01-01 75 days 2,216 sqft
    2020-02-01 71 days 2,221 sqft
    2020-03-01 58 days 2,249 sqft
    2020-04-01 57 days 2,254 sqft
    2020-05-01 63 days 2,277 sqft
    2020-06-01 63 days 2,291 sqft
    2020-07-01 58 days 2,272 sqft
    2020-08-01 50 days 2,275 sqft
    2020-09-01 49 days 2,241 sqft
    2020-10-01 50 days 2,198 sqft
    2020-11-01 48 days 2,150 sqft
    2020-12-01 55 days 2,097 sqft
    2021-01-01 64 days 2,048 sqft
    2021-02-01 51 days 2,029 sqft
    2021-03-01 48 days 2,007 sqft
    2021-04-01 41 days 2,032 sqft
    2021-05-01 36 days 2,008 sqft
    2021-06-01 34 days 2,036 sqft
    2021-07-01 35 days 2,062 sqft
    2021-08-01 34 days 2,124 sqft
    2021-09-01 40 days 2,078 sqft
    2021-10-01 44 days 2,058 sqft
    2021-11-01 45 days 2,035 sqft
    2021-12-01 50 days 2,036 sqft
    2022-01-01 56 days 2,005 sqft
    2022-02-01 47 days 1,936 sqft
    2022-03-01 39 days 1,964 sqft
    2022-04-01 35 days 2,029 sqft
    San Antonio's median listing age (time on market) for 2022-04-01 was 35 days. This is -15% shorter than the same period one year ago.

    San Antonio's median square footage for active listings during the 2022-04-01 period was 2,029 sqft. One year prior, the average listing was 2,032 sqft.