San Antonio USDA Loans

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 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.