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 37 lenders originated 154 USDA loans during 2023. The total origination value was $39,110,000, with an average USDA loan value of $253,961.

San Antonio USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in San Antonio averaged 6.13% for the week of 2024-07-05, compared to the national average (all USDA variants) of 6.738% for the same period.

San Antonio's average USDA mortgage closing costs are $6,948.

The average rate for the prior week (2024-06-28) was 5.9% and one month ago for the week of 2024-05-31, the average rate was 6.27%.

The average rate one year ago was 6.25%.

For refis of the same type during the week of 2024-07-05, the average rate was 6.65%.

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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
EAGLE HOME MORTGAGE, LLC 55 4.64% $7,612
DHI MORTGAGE COMPANY, LTD. 32 4.98% $7,992
CORNERSTONE HOME LENDING, INC. 14 5.93% $9,351
AMCAP MORTGAGE, LTD. 4 6.75% $11,392
FBC MORTGAGE, LLC 4 5.37% $9,208
LOANDEPOT.COM, LLC 3 6.29% $7,051
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.46% $9,736
THRIVE MORTGAGE, LLC 3 6.21% $9,887
UNITED WHOLESALE MORTGAGE, LLC 3 6.03% $12,536
KBHS HOME LOANS, LLC 2 5.94% $7,713
V.I.P. MORTGAGE, INC. 2 5.69% $6,671
FIRST CENTENNIAL MORTGAGE CORPORATION 2 5.56% $7,259
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.13% $9,165
MORTGAGE FINANCIAL SERVICES, LLC 1 5.38% $10,601
MOVEMENT MORTGAGE, LLC 1 6.38% $7,212
NATIONS RELIABLE LENDING, LLC 1 7.25% $9,556
NTFN, INC. 1 5.63% $8,564
Plains Commerce Bank 1 6.00% $7,397
PLAZA HOME MORTGAGE, INC. 1 5.25% $13,926
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $12,325
SECURITYNATIONAL MORTGAGE COMPANY 1 5.88% $12,914
SENTE MORTGAGE, INC. 1 5.75% $19,779
UNION HOME MORTGAGE CORP. 1 6.50% $11,687
UNIVERSITY Federal Credit Union 1 5.75% $9,508
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.50% $20,081
Assurance Financial Group, L.L.C. 1 6.13% $8,693
CROSSCOUNTRY MORTGAGE, LLC 1 6.50% $14,331
DIRECTIONS EQUITY, LLC 1 4.99% $5,216
First United Bank and Trust Company 1 5.25% $12,456
Flagstar Bank, FSB 1 6.25% $7,256
GARDNER FINANCIAL SERVICES, LTD. 1 5.63% $13,267
Gateway First Bank 1 7.25% $11,867
GENEVA FINANCIAL, LLC 1 6.13% $12,741
GUILD MORTGAGE COMPANY 1 5.13% $7,839
1ST SIGNATURE LENDING, LLC 1 6.13% $11,038
LOANPEOPLE, LLC 1 7.00% $7,277
M/I FINANCIAL, LLC 1 5.00% $21,965

The top San Antonio USDA lender as defined by loan originations is EAGLE HOME MORTGAGE, LLC, with 55 USDA loans originated. Their average total fees are $7,612, which is $380 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee San Antonio USDA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($7,612), DHI MORTGAGE COMPANY, LTD. ($7,992), CORNERSTONE HOME LENDING, INC. ($9,351), .

The lowest rate San Antonio USDA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.64%), DHI MORTGAGE COMPANY, LTD. (4.98%), CORNERSTONE HOME LENDING, INC. (5.93%), .


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%) $373,893 (0.4%) 1.05 7,238
2018-02-01 $284,990 (-0.9%) $375,261 (-0.3%) 1.03 7,293
2018-03-01 $291,000 (-0.3%) $381,155 (-0.1%) 1.02 7,398
2018-04-01 $299,000 (1.5%) $385,285 (-1.6%) 1.01 7,440
2018-05-01 $299,700 (1.6%) $388,670 (-0.9%) 1.00 7,780
2018-06-01 $299,500 (1.2%) $390,279 (-0.7%) 1.00 8,256
2018-07-01 $295,000 (0.9%) $387,041 (-0.3%) 0.99 8,613
2018-08-01 $291,175 (1.9%) $382,621 (0.5%) 0.98 8,890
2018-09-01 $287,000 (1.4%) $379,427 (0.7%) 0.96 8,707
2018-10-01 $285,450 (2.0%) $378,349 (1.5%) 0.97 8,696
2018-11-01 $285,000 (1.8%) $373,157 (0.2%) 0.97 8,640
2018-12-01 $285,000 (1.4%) $372,954 (0.3%) 0.98 8,409
2019-01-01 $285,000 (0.4%) $371,097 (-0.8%) 0.98 7,936
2019-02-01 $285,725 (0.3%) $370,081 (-1.4%) 0.97 7,991
2019-03-01 $291,667 (0.2%) $377,466 (-1.0%) 0.95 8,153
2019-04-01 $295,500 (-1.2%) $385,260 (0.0%) 0.94 8,579
2019-05-01 $295,750 (-1.3%) $389,326 (0.2%) 0.92 8,858
2019-06-01 $295,000 (-1.5%) $390,060 (-0.1%) 0.92 9,185
2019-07-01 $293,545 (-0.5%) $388,137 (0.3%) 0.92 9,414
2019-08-01 $288,356 (-1.0%) $383,644 (0.3%) 0.91 9,458
2019-09-01 $285,906 (-0.4%) $378,601 (-0.2%) 0.92 9,447
2019-10-01 $283,094 (-0.8%) $373,228 (-1.4%) 0.91 9,486
2019-11-01 $279,900 (-1.8%) $366,401 (-1.8%) 0.92 9,351
2019-12-01 $278,968 (-2.1%) $363,231 (-2.6%) 0.93 9,142
2020-01-01 $279,000 (-2.1%) $362,811 (-2.2%) 0.93 8,634
2020-02-01 $282,990 (-1.0%) $372,849 (0.8%) 0.93 8,434
2020-03-01 $289,450 (-0.8%) $379,917 (0.7%) 0.91 8,167
2020-04-01 $289,000 (-2.2%) $374,888 (-2.7%) 0.91 8,355
2020-05-01 $295,000 (-0.3%) $390,695 (0.4%) 0.90 8,017
2020-06-01 $302,500 (2.5%) $405,102 (3.9%) 0.89 7,069
2020-07-01 $309,000 (5.3%) $412,499 (6.3%) 0.90 6,644
2020-08-01 $301,240 (4.5%) $411,176 (7.2%) 0.86 6,268
2020-09-01 $299,363 (4.7%) $411,720 (8.8%) 0.86 6,034
2020-10-01 $295,750 (4.5%) $408,274 (9.4%) 0.85 5,805
2020-11-01 $293,876 (5.0%) $405,761 (10.7%) 0.86 5,518
2020-12-01 $290,000 (4.0%) $399,560 (10.0%) 0.86 5,057
2021-01-01 $289,000 (3.6%) $403,900 (11.3%) 0.86 4,326
2021-02-01 $295,809 (4.5%) $417,883 (12.1%) 0.86 3,575
2021-03-01 $298,675 (3.2%) $430,492 (13.3%) 0.85 2,962
2021-04-01 $303,447 (5.0%) $448,010 (19.5%) 0.82 2,613
2021-05-01 $308,750 (4.7%) $450,113 (15.2%) 0.82 2,706
2021-06-01 $315,000 (4.1%) $457,145 (12.9%) 0.83 3,156
2021-07-01 $325,108 (5.2%) $465,195 (12.8%) 0.86 3,713
2021-08-01 $335,975 (11.5%) $454,679 (10.6%) 0.90 4,457
2021-09-01 $330,000 (10.2%) $447,809 (8.8%) 0.88 4,582
2021-10-01 $332,225 (12.3%) $454,224 (11.3%) 0.89 4,441
2021-11-01 $332,085 (13.0%) $458,562 (13.0%) 0.89 4,185
2021-12-01 $337,989 (16.6%) $463,542 (16.0%) 0.92 3,932
2022-01-01 $339,542 (17.5%) $465,737 (15.3%) 0.92 3,555
2022-02-01 $335,819 (13.5%) $464,621 (11.2%) 0.87 2,910
2022-03-01 $344,500 (15.3%) $475,034 (10.4%) 0.86 2,678
2022-04-01 $360,000 (18.6%) $489,887 (9.4%) 0.86 2,880
2022-05-01 $379,485 (22.9%) $502,817 (11.7%) 0.87 3,789
2022-06-01 $382,400 (21.4%) $508,372 (11.2%) 0.85 4,617
2022-07-01 $379,900 (16.9%) $496,466 (6.7%) 0.86 6,056
2022-08-01 $362,950 (8.0%) $480,397 (5.7%) 0.84 7,214
2022-09-01 $359,950 (9.1%) $473,079 (5.6%) 0.84 7,512
2022-10-01 $354,900 (6.8%) $468,567 (3.2%) 0.84 8,012
2022-11-01 $349,995 (5.4%) $458,801 (0.1%) 0.84 8,254
2022-12-01 $349,000 (3.3%) $457,210 (-1.4%) 0.86 7,846
2023-01-01 $347,000 (2.2%) $456,456 (-2.0%) 0.86 7,346
2023-02-01 $340,000 (1.3%) $453,131 (-2.5%) 0.82 7,288
2023-03-01 $346,495 (0.6%) $467,376 (-1.6%) 0.82 6,992
2023-04-01 $351,490 (-2.4%) $483,163 (-1.4%) 0.82 6,864
2023-05-01 $357,496 (-5.8%) $484,041 (-3.7%) 0.81 7,331
2023-06-01 $367,250 (-4.0%) $494,881 (-2.7%) 0.83 7,652
2023-07-01 $365,000 (-3.9%) $490,870 (-1.1%) 0.83 8,144
2023-08-01 $357,000 (-1.6%) $483,118 (0.6%) 0.82 8,539
2023-09-01 $349,900 (-2.8%) $471,184 (-0.4%) 0.81 9,344
2023-10-01 $347,000 (-2.2%) $464,768 (-0.8%) 0.82 9,659
2023-11-01 $339,900 (-2.9%) $453,308 (-1.2%) 0.81 9,881
2023-12-01 $335,500 (-3.9%) $449,572 (-1.7%) 0.82 9,487
2024-01-01 $335,525 (-3.3%) $450,918 (-1.2%) 0.82 9,139
2024-02-01 $334,900 (-1.5%) $448,895 (-0.9%) 0.81 9,229
2024-03-01 $339,900 (-1.9%) $451,556 (-3.4%) 0.80 9,567
2024-04-01 $344,500 (-2.0%) $459,394 (-4.9%) 0.80 9,906
2024-05-01 $348,262 (-2.6%) $469,570 (-3.0%) 0.79 10,602
2024-06-01 $349,000 (-5.0%) $471,827 (-4.7%) 0.78 11,371
San Antonio's median listing price for 2024-06-01 was $349,000, a difference of $-18,250 (-5.0%) versus the prior year and $738 versus the prior month.

San Antonio's median listing price comes in at 78% of the national average.

San Antonio's average listing price for 2024-06-01 was $471,827, a difference of $-23,054 (-4.7%) versus the prior year and $2,257 versus the prior month.

For the 2024-06-01 period, San Antonio had 11,371 MLS listings, a difference of 769 listings (7%) versus the prior month and 3,719 listings (49%) 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 73 days 2,336 sqft
2018-02-01 67 days 2,352 sqft
2018-03-01 53 days 2,380 sqft
2018-04-01 50 days 2,409 sqft
2018-05-01 50 days 2,420 sqft
2018-06-01 50 days 2,408 sqft
2018-07-01 52 days 2,391 sqft
2018-08-01 56 days 2,379 sqft
2018-09-01 59 days 2,356 sqft
2018-10-01 62 days 2,336 sqft
2018-11-01 64 days 2,311 sqft
2018-12-01 70 days 2,303 sqft
2019-01-01 72 days 2,289 sqft
2019-02-01 66 days 2,301 sqft
2019-03-01 57 days 2,318 sqft
2019-04-01 51 days 2,329 sqft
2019-05-01 50 days 2,328 sqft
2019-06-01 52 days 2,323 sqft
2019-07-01 53 days 2,323 sqft
2019-08-01 55 days 2,296 sqft
2019-09-01 57 days 2,265 sqft
2019-10-01 59 days 2,241 sqft
2019-11-01 59 days 2,235 sqft
2019-12-01 67 days 2,196 sqft
2020-01-01 73 days 2,184 sqft
2020-02-01 68 days 2,195 sqft
2020-03-01 61 days 2,225 sqft
2020-04-01 61 days 2,221 sqft
2020-05-01 64 days 2,241 sqft
2020-06-01 66 days 2,245 sqft
2020-07-01 55 days 2,242 sqft
2020-08-01 51 days 2,240 sqft
2020-09-01 53 days 2,186 sqft
2020-10-01 54 days 2,149 sqft
2020-11-01 53 days 2,105 sqft
2020-12-01 58 days 2,065 sqft
2021-01-01 60 days 2,021 sqft
2021-02-01 46 days 1,980 sqft
2021-03-01 45 days 1,960 sqft
2021-04-01 37 days 1,991 sqft
2021-05-01 33 days 1,995 sqft
2021-06-01 31 days 2,014 sqft
2021-07-01 32 days 2,042 sqft
2021-08-01 32 days 2,085 sqft
2021-09-01 38 days 2,029 sqft
2021-10-01 43 days 1,998 sqft
2021-11-01 44 days 1,994 sqft
2021-12-01 48 days 1,991 sqft
2022-01-01 53 days 1,964 sqft
2022-02-01 41 days 1,909 sqft
2022-03-01 36 days 1,919 sqft
2022-04-01 32 days 1,980 sqft
2022-05-01 30 days 2,039 sqft
2022-06-01 30 days 2,057 sqft
2022-07-01 31 days 2,055 sqft
2022-08-01 39 days 2,031 sqft
2022-09-01 47 days 2,028 sqft
2022-10-01 52 days 2,021 sqft
2022-11-01 56 days 2,015 sqft
2022-12-01 67 days 2,002 sqft
2023-01-01 79 days 1,996 sqft
2023-02-01 67 days 1,943 sqft
2023-03-01 55 days 1,935 sqft
2023-04-01 53 days 1,978 sqft
2023-05-01 46 days 1,983 sqft
2023-06-01 47 days 2,019 sqft
2023-07-01 50 days 2,034 sqft
2023-08-01 51 days 2,016 sqft
2023-09-01 51 days 1,970 sqft
2023-10-01 56 days 1,961 sqft
2023-11-01 59 days 1,949 sqft
2023-12-01 68 days 1,937 sqft
2024-01-01 76 days 1,922 sqft
2024-02-01 68 days 1,910 sqft
2024-03-01 57 days 1,914 sqft
2024-04-01 54 days 1,923 sqft
2024-05-01 50 days 1,925 sqft
2024-06-01 50 days 1,952 sqft
San Antonio's median listing age (time on market) for 2024-06-01 was 50 days. This is 8% longer than the same period one year ago.

San Antonio's median square footage for active listings during the 2024-06-01 period was 1,952 sqft. One year prior, the average listing was 2,019 sqft.