San Antonio USDA Loan Rates, Closing Costs & Stats

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 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 6.42% for the week of 2023-09-15, compared to the national average (all USDA variants) of 6.982% for the same period.

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

    The average rate for the prior week (2023-09-08) was 6.51% and one month ago for the week of 2023-08-11, the average rate was 6.63%.

    The average rate one year ago was 5.36%.

    For refis of the same type during the week of 2023-09-15, the average rate was 5.68%.

    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%) $373,914 (0.4%) 1.05 7,238
    2018-02-01 $284,985 (-1.0%) $375,278 (-0.3%) 1.04 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%) 0.99 8,612
    2018-08-01 $291,088 (1.8%) $382,619 (0.5%) 0.98 8,889
    2018-09-01 $287,000 (1.4%) $379,425 (0.7%) 0.97 8,706
    2018-10-01 $285,443 (1.9%) $378,347 (1.5%) 0.97 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%) 0.97 7,992
    2019-03-01 $291,619 (0.2%) $377,450 (-1.0%) 0.95 8,153
    2019-04-01 $295,500 (-1.2%) $385,231 (0.0%) 0.94 8,579
    2019-05-01 $295,650 (-1.4%) $389,556 (0.2%) 0.92 8,859
    2019-06-01 $295,000 (-1.5%) $389,973 (-0.1%) 0.92 9,183
    2019-07-01 $293,500 (-0.5%) $388,073 (0.3%) 0.92 9,411
    2019-08-01 $288,356 (-0.9%) $383,579 (0.3%) 0.91 9,455
    2019-09-01 $285,906 (-0.4%) $378,532 (-0.2%) 0.92 9,445
    2019-10-01 $283,045 (-0.8%) $373,156 (-1.4%) 0.91 9,484
    2019-11-01 $279,900 (-1.8%) $366,360 (-1.8%) 0.92 9,351
    2019-12-01 $278,950 (-2.1%) $363,202 (-2.6%) 0.93 9,140
    2020-01-01 $279,000 (-2.1%) $362,811 (-2.2%) 0.93 8,633
    2020-02-01 $282,990 (-1.0%) $372,755 (0.7%) 0.93 8,433
    2020-03-01 $289,450 (-0.7%) $379,804 (0.6%) 0.91 8,166
    2020-04-01 $289,000 (-2.2%) $374,778 (-2.7%) 0.91 8,354
    2020-05-01 $295,000 (-0.2%) $390,470 (0.2%) 0.90 8,014
    2020-06-01 $302,500 (2.5%) $404,860 (3.8%) 0.89 7,066
    2020-07-01 $308,969 (5.3%) $412,226 (6.2%) 0.90 6,640
    2020-08-01 $300,935 (4.4%) $410,884 (7.1%) 0.86 6,265
    2020-09-01 $299,353 (4.7%) $411,417 (8.7%) 0.86 6,032
    2020-10-01 $295,653 (4.5%) $407,998 (9.3%) 0.85 5,803
    2020-11-01 $293,715 (4.9%) $405,434 (10.7%) 0.86 5,516
    2020-12-01 $290,000 (4.0%) $399,390 (10.0%) 0.86 5,056
    2021-01-01 $289,000 (3.6%) $403,922 (11.3%) 0.86 4,325
    2021-02-01 $295,700 (4.5%) $417,913 (12.1%) 0.86 3,574
    2021-03-01 $298,690 (3.2%) $430,530 (13.4%) 0.85 2,961
    2021-04-01 $303,447 (5.0%) $448,010 (19.5%) 0.82 2,613
    2021-05-01 $308,000 (4.4%) $449,810 (15.2%) 0.82 2,705
    2021-06-01 $315,000 (4.1%) $456,883 (12.9%) 0.83 3,155
    2021-07-01 $325,108 (5.2%) $465,195 (12.9%) 0.86 3,713
    2021-08-01 $335,975 (11.6%) $454,679 (10.7%) 0.90 4,457
    2021-09-01 $330,000 (10.2%) $447,809 (8.9%) 0.88 4,582
    2021-10-01 $332,225 (12.4%) $454,224 (11.3%) 0.89 4,441
    2021-11-01 $332,085 (13.1%) $458,543 (13.1%) 0.89 4,185
    2021-12-01 $337,989 (16.6%) $463,542 (16.1%) 0.92 3,932
    2022-01-01 $339,542 (17.5%) $465,737 (15.3%) 0.92 3,554
    2022-02-01 $335,819 (13.6%) $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%) $489,818 (9.3%) 0.86 2,882
    2022-05-01 $379,463 (23.2%) $502,794 (11.8%) 0.87 3,789
    2022-06-01 $382,400 (21.4%) $508,372 (11.3%) 0.85 4,616
    2022-07-01 $379,900 (16.9%) $496,483 (6.7%) 0.86 6,054
    2022-08-01 $362,950 (8.0%) $480,383 (5.7%) 0.84 7,213
    2022-09-01 $359,950 (9.1%) $473,014 (5.6%) 0.84 7,510
    2022-10-01 $354,900 (6.8%) $468,582 (3.2%) 0.84 8,011
    2022-11-01 $349,995 (5.4%) $458,806 (0.1%) 0.84 8,253
    2022-12-01 $349,000 (3.3%) $457,211 (-1.4%) 0.86 7,845
    2023-01-01 $347,000 (2.2%) $456,485 (-2.0%) 0.86 7,346
    2023-02-01 $340,000 (1.3%) $453,132 (-2.5%) 0.82 7,286
    2023-03-01 $346,495 (0.6%) $467,430 (-1.6%) 0.82 6,988
    2023-04-01 $351,122 (-2.5%) $483,086 (-1.4%) 0.82 6,863
    2023-05-01 $357,494 (-5.8%) $484,011 (-3.7%) 0.81 7,329
    2023-06-01 $367,325 (-3.9%) $494,891 (-2.7%) 0.83 7,647
    2023-07-01 $365,000 (-3.9%) $490,703 (-1.2%) 0.83 8,141
    2023-08-01 $357,000 (-1.6%) $483,118 (0.6%) 0.82 8,539
    San Antonio's median listing price for 2023-08-01 was $357,000, a difference of $-5,950 (-1.6%) versus the prior year and $-8,000 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 2023-08-01 was $483,118, a difference of $2,735 (0.6%) versus the prior year and $-7,585 versus the prior month.

    For the 2023-08-01 period, San Antonio had 8,539 MLS listings, a difference of 398 listings (5%) versus the prior month and 1,326 listings (18%) 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 2,408 sqft
    2018-05-01 50 days 2,419 sqft
    2018-06-01 50 days 2,407 sqft
    2018-07-01 52 days 2,390 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 2,299 sqft
    2019-03-01 57 days 2,318 sqft
    2019-04-01 51 days 2,328 sqft
    2019-05-01 50 days 2,327 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 2,266 sqft
    2019-10-01 59 days 2,242 sqft
    2019-11-01 59 days 2,235 sqft
    2019-12-01 67 days 2,196 sqft
    2020-01-01 73 days 2,185 sqft
    2020-02-01 68 days 2,195 sqft
    2020-03-01 61 days 2,225 sqft
    2020-04-01 60 days 2,222 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 1,959 sqft
    2021-04-01 37 days 1,990 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 1,995 sqft
    2021-12-01 48 days 1,991 sqft
    2022-01-01 53 days 1,966 sqft
    2022-02-01 41 days 1,909 sqft
    2022-03-01 36 days 1,919 sqft
    2022-04-01 32 days 1,981 sqft
    2022-05-01 30 days 2,039 sqft
    2022-06-01 30 days 2,057 sqft
    2022-07-01 31 days 2,054 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 2,014 sqft
    2022-12-01 67 days 2,001 sqft
    2023-01-01 79 days 1,996 sqft
    2023-02-01 67 days 1,943 sqft
    2023-03-01 55 days 1,936 sqft
    2023-04-01 53 days 1,978 sqft
    2023-05-01 47 days 1,983 sqft
    2023-06-01 47 days 2,020 sqft
    2023-07-01 50 days 2,034 sqft
    2023-08-01 51 days 2,016 sqft
    San Antonio's median listing age (time on market) for 2023-08-01 was 51 days. This is 31% longer than the same period one year ago.

    San Antonio's median square footage for active listings during the 2023-08-01 period was 2,016 sqft. One year prior, the average listing was 2,031 sqft.