Santa Rosa USDA Loans
SANTA ROSA-PETALUMA, CA
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.
Santa Rosa's 5 lenders originated 9 USDA loans during 2021. The total origination value was $4,725,000, with an average USDA loan value of $525,000.
Santa Rosa USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Santa Rosa
averaged
5.15%
for the week of 2022-08-05, compared to the national average (all USDA variants) of
5.294% for the same period.
The average rate for the prior week (2022-07-29) was
5.27% and
one month ago for the week of 2022-07-01, the
average rate was 5.61%.
The average rate one year ago was 2.99%.
For refis of the same type during the week of 2022-08-05, the average rate
was 5.09%.
Santa Rosa 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 Santa Rosa level.
| Name | # of Loans | 2021 Avg. 30yFix Rate | 2021 Avg. Total Fees |
|---|---|---|---|
| Century Mortgage Company DBA Century Lending Company | 1 | 3.00% | $9,111 |
| First Guaranty Mortgage Corporation | 1 | 2.75% | $19,158 |
| GUILD MORTGAGE COMPANY | 1 | 3.00% | $8,981 |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | 1 | 2.75% | $8,845 |
| HOME POINT FINANCIAL CORPORATION | 1 | 2.38% | $9,914 |
The top Santa Rosa USDA lender as defined by loan originations is Century Mortgage Company DBA Century Lending Company, with
1 USDA loans originated. Their average total fees are
$9,111, which is $10,048
lower than the next largest lender,
First Guaranty Mortgage Corporation.
The lowest fee Santa Rosa USDA lenders (with over 10 loans originated) are
.
The lowest rate Santa Rosa USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Santa Rosa (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 | $784,000 (9.7%) | $1,226,237 (14.4%) | 2.89 | 409 |
| 2018-02-01 | $796,500 (9.1%) | $1,182,391 (9.9%) | 2.87 | 452 |
| 2018-03-01 | $779,000 (5.7%) | $1,190,063 (2.9%) | 2.70 | 525 |
| 2018-04-01 | $762,475 (0.5%) | $1,187,804 (-6.9%) | 2.56 | 624 |
| 2018-05-01 | $791,475 (2.9%) | $1,261,499 (-0.6%) | 2.64 | 765 |
| 2018-06-01 | $749,000 (-3.2%) | $1,217,730 (-4.1%) | 2.50 | 935 |
| 2018-07-01 | $737,000 (-1.7%) | $1,150,281 (-8.1%) | 2.46 | 1,096 |
| 2018-08-01 | $699,750 (-8.2%) | $1,107,857 (-13.6%) | 2.34 | 1,184 |
| 2018-09-01 | $714,900 (-10.1%) | $1,100,782 (-15.5%) | 2.39 | 1,214 |
| 2018-10-01 | $699,000 (-14.2%) | $1,095,822 (-17.5%) | 2.34 | 1,186 |
| 2018-11-01 | $699,000 (-14.5%) | $1,110,659 (-18.2%) | 2.34 | 1,114 |
| 2018-12-01 | $689,900 (-13.8%) | $1,116,153 (-15.1%) | 2.36 | 902 |
| 2019-01-01 | $684,000 (-12.8%) | $1,089,491 (-11.2%) | 2.36 | 739 |
| 2019-02-01 | $689,000 (-13.5%) | $1,113,118 (-5.9%) | 2.31 | 718 |
| 2019-03-01 | $720,857 (-7.5%) | $1,202,501 (1.1%) | 2.35 | 757 |
| 2019-04-01 | $757,500 (-0.7%) | $1,266,324 (6.6%) | 2.39 | 872 |
| 2019-05-01 | $792,000 (0.1%) | $1,357,457 (7.6%) | 2.44 | 1,074 |
| 2019-06-01 | $799,000 (6.7%) | $1,391,814 (14.3%) | 2.46 | 1,196 |
| 2019-07-01 | $795,000 (7.9%) | $1,335,369 (16.1%) | 2.47 | 1,266 |
| 2019-08-01 | $763,857 (9.2%) | $1,265,143 (14.2%) | 2.40 | 1,261 |
| 2019-09-01 | $751,357 (5.1%) | $1,248,132 (13.4%) | 2.39 | 1,212 |
| 2019-10-01 | $785,000 (12.3%) | $1,290,476 (17.8%) | 2.50 | 1,181 |
| 2019-11-01 | $775,000 (10.9%) | $1,278,438 (15.1%) | 2.50 | 1,054 |
| 2019-12-01 | $780,000 (13.1%) | $1,239,828 (11.1%) | 2.60 | 778 |
| 2020-01-01 | $792,000 (15.8%) | $1,205,036 (10.6%) | 2.64 | 682 |
| 2020-02-01 | $799,000 (16.0%) | $1,179,034 (5.9%) | 2.58 | 733 |
| 2020-03-01 | $831,998 (15.4%) | $1,205,241 (0.2%) | 2.60 | 796 |
| 2020-04-01 | $792,000 (4.6%) | $1,142,891 (-9.8%) | 2.47 | 792 |
| 2020-05-01 | $775,000 (-2.2%) | $1,143,569 (-15.8%) | 2.35 | 1,004 |
| 2020-06-01 | $772,000 (-3.4%) | $1,223,650 (-12.1%) | 2.25 | 1,014 |
| 2020-07-01 | $794,950 (0.0%) | $1,334,701 (-0.1%) | 2.28 | 897 |
| 2020-08-01 | $829,000 (8.5%) | $1,395,495 (10.3%) | 2.37 | 787 |
| 2020-09-01 | $845,000 (12.5%) | $1,371,926 (9.9%) | 2.41 | 695 |
| 2020-10-01 | $849,000 (8.2%) | $1,388,532 (7.6%) | 2.43 | 786 |
| 2020-11-01 | $825,000 (6.5%) | $1,372,245 (7.3%) | 2.36 | 815 |
| 2020-12-01 | $817,475 (4.8%) | $1,352,201 (9.1%) | 2.40 | 668 |
| 2021-01-01 | $812,000 (2.5%) | $1,397,935 (16.0%) | 2.39 | 561 |
| 2021-02-01 | $827,000 (3.5%) | $1,411,667 (19.7%) | 2.38 | 520 |
| 2021-03-01 | $820,500 (-1.4%) | $1,416,860 (17.6%) | 2.30 | 553 |
| 2021-04-01 | $864,450 (9.2%) | $1,480,583 (29.6%) | 2.32 | 602 |
| 2021-05-01 | $885,000 (14.2%) | $1,549,564 (35.5%) | 2.33 | 659 |
| 2021-06-01 | $880,000 (14.0%) | $1,520,804 (24.3%) | 2.29 | 747 |
| 2021-07-01 | $872,475 (9.8%) | $1,496,709 (12.1%) | 2.27 | 767 |
| 2021-08-01 | $857,500 (3.4%) | $1,441,586 (3.3%) | 2.25 | 752 |
| 2021-09-01 | $875,000 (3.6%) | $1,492,546 (8.8%) | 2.30 | 724 |
| 2021-10-01 | $899,000 (5.9%) | $1,565,077 (12.7%) | 2.37 | 655 |
| 2021-11-01 | $899,495 (9.0%) | $1,620,262 (18.1%) | 2.37 | 487 |
| 2021-12-01 | $918,495 (12.4%) | $1,683,319 (24.5%) | 2.45 | 341 |
| 2022-01-01 | $926,900 (14.2%) | $1,719,373 (23.0%) | 2.47 | 248 |
| 2022-02-01 | $964,000 (16.6%) | $1,775,025 (25.7%) | 2.46 | 277 |
| 2022-03-01 | $987,500 (20.4%) | $1,777,857 (25.5%) | 2.44 | 359 |
| 2022-04-01 | $1,049,990 (21.5%) | $1,872,430 (26.5%) | 2.47 | 405 |
| 2022-05-01 | $980,000 (10.7%) | $1,846,491 (19.2%) | 2.19 | 533 |
| 2022-06-01 | $975,000 (10.8%) | $1,830,575 (20.4%) | 2.17 | 605 |
Santa Rosa's median listing price comes in at 217% of the national average.
Santa Rosa's average listing price for 2022-06-01 was $1,830,575, a difference of $309,771 (20.4%) versus the prior year and $-15,916 versus the prior month.
For the 2022-06-01 period, Santa Rosa had 605 MLS listings, a difference of 72 listings (14%) versus the prior month and -142 listings (-19%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Santa Rosa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 47 days | 1,745 sqft |
| 2018-02-01 | 30 days | 1,843 sqft |
| 2018-03-01 | 29 days | 1,814 sqft |
| 2018-04-01 | 26 days | 1,767 sqft |
| 2018-05-01 | 29 days | 1,755 sqft |
| 2018-06-01 | 32 days | 1,752 sqft |
| 2018-07-01 | 36 days | 1,732 sqft |
| 2018-08-01 | 43 days | 1,700 sqft |
| 2018-09-01 | 47 days | 1,706 sqft |
| 2018-10-01 | 52 days | 1,699 sqft |
| 2018-11-01 | 54 days | 1,698 sqft |
| 2018-12-01 | 66 days | 1,682 sqft |
| 2019-01-01 | 77 days | 1,656 sqft |
| 2019-02-01 | 72 days | 1,666 sqft |
| 2019-03-01 | 48 days | 1,690 sqft |
| 2019-04-01 | 38 days | 1,738 sqft |
| 2019-05-01 | 37 days | 1,802 sqft |
| 2019-06-01 | 44 days | 1,825 sqft |
| 2019-07-01 | 49 days | 1,816 sqft |
| 2019-08-01 | 53 days | 1,813 sqft |
| 2019-09-01 | 61 days | 1,816 sqft |
| 2019-10-01 | 63 days | 1,837 sqft |
| 2019-11-01 | 69 days | 1,815 sqft |
| 2019-12-01 | 79 days | 1,808 sqft |
| 2020-01-01 | 88 days | 1,839 sqft |
| 2020-02-01 | 62 days | 1,862 sqft |
| 2020-03-01 | 43 days | 1,935 sqft |
| 2020-04-01 | 49 days | 1,901 sqft |
| 2020-05-01 | 53 days | 1,870 sqft |
| 2020-06-01 | 39 days | 1,876 sqft |
| 2020-07-01 | 44 days | 1,889 sqft |
| 2020-08-01 | 42 days | 1,938 sqft |
| 2020-09-01 | 45 days | 1,907 sqft |
| 2020-10-01 | 42 days | 1,912 sqft |
| 2020-11-01 | 42 days | 1,858 sqft |
| 2020-12-01 | 54 days | 1,839 sqft |
| 2021-01-01 | 64 days | 1,865 sqft |
| 2021-02-01 | 38 days | 1,863 sqft |
| 2021-03-01 | 32 days | 1,877 sqft |
| 2021-04-01 | 32 days | 1,896 sqft |
| 2021-05-01 | 31 days | 1,902 sqft |
| 2021-06-01 | 31 days | 1,883 sqft |
| 2021-07-01 | 35 days | 1,876 sqft |
| 2021-08-01 | 38 days | 1,852 sqft |
| 2021-09-01 | 39 days | 1,871 sqft |
| 2021-10-01 | 43 days | 1,884 sqft |
| 2021-11-01 | 52 days | 1,921 sqft |
| 2021-12-01 | 62 days | 1,919 sqft |
| 2022-01-01 | 56 days | 1,906 sqft |
| 2022-02-01 | 25 days | 1,870 sqft |
| 2022-03-01 | 22 days | 1,867 sqft |
| 2022-04-01 | 25 days | 1,900 sqft |
| 2022-05-01 | 25 days | 1,896 sqft |
| 2022-06-01 | 30 days | 1,905 sqft |
Santa Rosa's median square footage for active listings during the 2022-06-01 period was 1,905 sqft. One year prior, the average listing was 1,883 sqft.
