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 46 lenders originated 206 USDA loans during 2022. The total origination value was $55,140,000, with an average USDA loan value of $267,670.

San Antonio USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in San Antonio averaged -0.27% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

San Antonio's average USDA mortgage closing costs are $6,801.

The average rate for the prior week (2024-02-16) was 6.11% and one month ago for the week of 2024-01-19, the average rate was 5.99%.

The average rate one year ago was 6.1%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.21%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
DHI MORTGAGE COMPANY, LTD. 69 3.55% $7,556
CORNERSTONE HOME LENDING, INC. 20 4.99% $9,709
EAGLE HOME MORTGAGE, LLC 13 4.32% $8,082
FBC MORTGAGE, LLC 9 4.51% $8,380
LOANDEPOT.COM, LLC 9 3.96% $11,260
PULTE MORTGAGE LLC 8 4.00% $5,767
KBHS HOME LOANS, LLC 6 4.23% $11,608
ACADEMY MORTGAGE CORPORATION 5 5.85% $11,085
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 2.94% $4,865
AMERICAN PACIFIC MORTGAGE CORPORATION 4 4.31% $7,495
CALIBER HOME LOANS, INC. 4 3.70% $11,133
MOVEMENT MORTGAGE, LLC 3 4.46% $12,118
AMCAP MORTGAGE, LTD. 3 4.29% $10,852
UNITED WHOLESALE MORTGAGE, LLC 3 4.83% $7,624
CMG MORTGAGE, INC. 3 6.50% $8,519
V.I.P. MORTGAGE, INC. 2 5.12% $12,170
GUILD MORTGAGE COMPANY 2 5.06% $9,179
Amerifirst Financial, Inc. 2 4.75% $8,587
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.81% $12,819
Bank of England 2 3.88% $12,798
1ST PREFERENCE MORTGAGE CORP. 2 4.25% $15,691
CANOPY MORTGAGE, LLC 2 4.44% $3,952
S1L, Inc. 1 4.75% $8,686
THRIVE MORTGAGE, LLC 1 5.50% $9,655
PLAZA HOME MORTGAGE, INC. 1 6.13% $10,946
AMERICAN FINANCIAL RESOURCES, INC. 1 5.25% $6,452
BROKER SOLUTIONS, INC. 1 5.63% $10,565
CARDINAL FINANCIAL 1 3.63% $14,230
DIRECTIONS EQUITY, LLC 1 4.25% $9,542
Equity Prime Mortgage LLC 1 5.75% $10,944
EVERETT FINANCIAL, INC. 1 4.13% $5,030
FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.38% $6,571
First United Bank and Trust Company 1 3.75% $7,659
Flagstar Bank, FSB 1 2.68% $6,005
FLAT BRANCH MORTGAGE, INC. 1 4.13% $17,047
Gateway First Bank 1 3.63% $7,725
HOME POINT FINANCIAL CORPORATION 1 4.63% $5,940
HOMESIDE FINANCIAL, LLC 1 4.25% $8,358
INTERLINC MORTGAGE SERVICES, LLC 1 4.13% $4,468
MANN FINANCIAL INC. 1 5.13% $6,327
MORTGAGE FINANCIAL SERVICES, LLC 1 6.75% $14,177
NATIONS RELIABLE LENDING, LLC 1 7.25% $8,509
NTFN, INC. 1 3.25% $5,358
Paramount Residential Mortgage Group, Inc. 1 6.25% $7,370
PENNYMAC LOAN SERVICES, LLC 1 2.75% $7,299
PILGRIM MORTGAGE LLC 1 5.25% $9,501

The top San Antonio USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 69 USDA loans originated. Their average total fees are $7,556, which is $2,153 lower than the next largest lender, CORNERSTONE HOME LENDING, INC..

The lowest fee San Antonio USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($7,556), EAGLE HOME MORTGAGE, LLC ($8,082), CORNERSTONE HOME LENDING, INC. ($9,709), .

The lowest rate San Antonio USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (3.55%), EAGLE HOME MORTGAGE, LLC (4.32%), CORNERSTONE HOME LENDING, INC. (4.99%), .


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 $293,648 (-0.5%) $388,146 (0.3%) 0.92 9,415
2019-08-01 $288,358 (-1.0%) $383,654 (0.3%) 0.91 9,459
2019-09-01 $285,907 (-0.4%) $378,611 (-0.2%) 0.92 9,448
2019-10-01 $283,094 (-0.8%) $373,233 (-1.4%) 0.91 9,486
2019-11-01 $279,900 (-1.8%) $366,401 (-1.8%) 0.92 9,351
2019-12-01 $278,973 (-2.1%) $363,273 (-2.6%) 0.93 9,143
2020-01-01 $279,000 (-2.1%) $362,856 (-2.2%) 0.93 8,635
2020-02-01 $282,990 (-1.0%) $372,894 (0.8%) 0.93 8,435
2020-03-01 $289,450 (-0.8%) $379,961 (0.7%) 0.91 8,168
2020-04-01 $289,000 (-2.2%) $374,931 (-2.7%) 0.91 8,356
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 (5.2%) $412,541 (6.3%) 0.90 6,645
2020-08-01 $301,480 (4.6%) $411,219 (7.2%) 0.86 6,269
2020-09-01 $299,389 (4.7%) $411,765 (8.8%) 0.86 6,035
2020-10-01 $295,775 (4.5%) $408,319 (9.4%) 0.85 5,806
2020-11-01 $293,925 (5.0%) $405,804 (10.8%) 0.86 5,519
2020-12-01 $290,039 (4.0%) $399,610 (10.0%) 0.86 5,058
2021-01-01 $289,000 (3.6%) $403,957 (11.3%) 0.86 4,327
2021-02-01 $295,945 (4.6%) $417,943 (12.1%) 0.86 3,576
2021-03-01 $298,690 (3.2%) $430,558 (13.3%) 0.85 2,963
2021-04-01 $303,469 (5.0%) $448,045 (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 (11.4%) $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 (11.2%) 0.89 4,441
2021-11-01 $332,085 (13.0%) $458,562 (13.0%) 0.89 4,185
2021-12-01 $337,989 (16.5%) $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 (10.3%) 0.86 2,678
2022-04-01 $360,000 (18.6%) $489,812 (9.3%) 0.86 2,881
2022-05-01 $379,495 (22.9%) $502,894 (11.7%) 0.87 3,791
2022-06-01 $382,425 (21.4%) $508,435 (11.2%) 0.85 4,619
2022-07-01 $379,900 (16.9%) $496,539 (6.7%) 0.86 6,059
2022-08-01 $363,089 (8.1%) $480,440 (5.7%) 0.84 7,216
2022-09-01 $359,950 (9.1%) $473,129 (5.7%) 0.84 7,513
2022-10-01 $354,900 (6.8%) $468,644 (3.2%) 0.84 8,014
2022-11-01 $349,999 (5.4%) $458,838 (0.1%) 0.84 8,256
2022-12-01 $349,000 (3.3%) $457,208 (-1.4%) 0.86 7,848
2023-01-01 $347,000 (2.2%) $456,447 (-2.0%) 0.86 7,347
2023-02-01 $340,000 (1.3%) $453,139 (-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 (-3.8%) 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%) $490,863 (-1.1%) 0.83 8,145
2023-08-01 $357,000 (-1.7%) $483,111 (0.6%) 0.82 8,540
2023-09-01 $349,900 (-2.8%) $471,178 (-0.4%) 0.81 9,345
2023-10-01 $347,000 (-2.2%) $464,762 (-0.8%) 0.82 9,660
2023-11-01 $339,900 (-2.9%) $453,303 (-1.2%) 0.81 9,882
2023-12-01 $335,550 (-3.9%) $449,567 (-1.7%) 0.82 9,488
San Antonio's median listing price for 2023-12-01 was $335,550, a difference of $-13,450 (-3.9%) versus the prior year and $-4,350 versus the prior month.

San Antonio's median listing price comes in at 82% of the national average.

San Antonio's average listing price for 2023-12-01 was $449,567, a difference of $-7,641 (-1.7%) versus the prior year and $-3,736 versus the prior month.

For the 2023-12-01 period, San Antonio had 9,488 MLS listings, a difference of -394 listings (-4%) versus the prior month and 1,640 listings (21%) 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 2,380 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 2,243 sqft
2020-08-01 51 days 2,240 sqft
2020-09-01 53 days 2,187 sqft
2020-10-01 54 days 2,149 sqft
2020-11-01 53 days 2,106 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 1,961 sqft
2021-04-01 37 days 1,992 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 2,058 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 1,984 sqft
2023-06-01 47 days 2,020 sqft
2023-07-01 50 days 2,034 sqft
2023-08-01 51 days 2,015 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
San Antonio's median listing age (time on market) for 2023-12-01 was 68 days. This is 1% longer than the same period one year ago.

San Antonio's median square footage for active listings during the 2023-12-01 period was 1,937 sqft. One year prior, the average listing was 2,002 sqft.