Snyder USDA Loan Rates, Closing Costs & Stats

Snyder, 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.

Snyder's 4 lenders originated 6 USDA loans during 2023. The total origination value was $940,000, with an average USDA loan value of $156,667.

Snyder USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Snyder averaged 6.92% for the week of 2024-03-22, compared to the national average (all USDA variants) of 6.674% for the same period.

Snyder's average USDA mortgage closing costs are $5,308.

The average rate for the prior week (2024-03-15) was 6.55% and one month ago for the week of 2024-02-16, the average rate was 6.93%.

The average rate one year ago was 6.32%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.57%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Snyder 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 Snyder level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
INTERLINC MORTGAGE SERVICES, LLC 2 6.63% $7,426
Amarillo National Bank 1 5.63% $5,918
BROKER SOLUTIONS, INC. 1 6.75% $7,109
MANN FINANCIAL INC. 1 6.88% $8,142

The top Snyder USDA lender as defined by loan originations is INTERLINC MORTGAGE SERVICES, LLC, with 2 USDA loans originated. Their average total fees are $7,426, which is $1,508 higher than the next largest lender, Amarillo National Bank.

The lowest fee Snyder USDA lenders (with over 10 loans originated) are .

The lowest rate Snyder USDA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Snyder (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 $128,125 (-14.0%) $163,744 (-7.3%) 0.00 117
2018-02-01 $127,125 (-15.0%) $167,737 (-6.6%) 0.00 118
2018-03-01 $125,000 (-17.9%) $164,780 (-8.0%) 0.00 123
2018-04-01 $126,575 (-15.1%) $164,001 (-8.0%) 0.00 126
2018-05-01 $131,175 (-12.0%) $167,484 (-12.2%) 0.00 122
2018-06-01 $139,000 (-6.2%) $172,388 (-7.3%) 0.00 121
2018-07-01 $141,500 (6.8%) $168,574 (-4.4%) 0.00 121
2018-08-01 $131,200 (1.3%) $161,728 (-6.8%) 0.00 127
2018-09-01 $124,450 (-4.2%) $149,705 (-16.2%) 0.00 122
2018-10-01 $125,000 (0.0%) $151,116 (-10.1%) 0.00 113
2018-11-01 $124,000 (-2.7%) $335,364 (99.6%) 0.00 107
2018-12-01 $123,500 (-1.2%) $359,232 (118.5%) 0.00 103
2019-01-01 $120,625 (-5.9%) $382,329 (133.5%) 0.00 90
2019-02-01 $113,500 (-10.7%) $393,322 (134.5%) 0.00 81
2019-03-01 $106,857 (-14.5%) $379,672 (130.4%) 0.00 85
2019-04-01 $102,856 (-18.7%) $343,383 (109.4%) 0.00 99
2019-05-01 $115,500 (-12.0%) $334,229 (99.6%) 0.00 103
2019-06-01 $125,000 (-10.1%) $329,701 (91.3%) 0.00 104
2019-07-01 $125,000 (-11.7%) $318,988 (89.2%) 0.00 111
2019-08-01 $126,145 (-3.9%) $192,918 (19.3%) 0.00 104
2019-09-01 $122,689 (-1.4%) $162,952 (8.9%) 0.00 94
2019-10-01 $122,884 (-1.7%) $142,368 (-5.8%) 0.00 87
2019-11-01 $125,000 (0.8%) $135,719 (-59.5%) 0.00 81
2019-12-01 $125,000 (1.2%) $132,756 (-63.0%) 0.00 80
2020-01-01 $126,875 (5.2%) $140,748 (-63.2%) 0.00 73
2020-02-01 $128,000 (12.8%) $139,533 (-64.5%) 0.00 69
2020-03-01 $129,600 (21.3%) $145,630 (-61.6%) 0.00 74
2020-04-01 $133,650 (29.9%) $153,577 (-55.3%) 0.00 81
2020-05-01 $134,950 (16.8%) $146,599 (-56.1%) 0.00 71
2020-06-01 $134,950 (8.0%) $147,282 (-55.3%) 0.00 67
2020-07-01 $137,000 (9.6%) $148,962 (-53.3%) 0.00 63
2020-08-01 $137,000 (8.6%) $157,137 (-18.6%) 0.00 51
2020-09-01 $139,000 (13.3%) $164,944 (1.2%) 0.00 50
2020-10-01 $140,000 (13.9%) $181,115 (27.2%) 0.00 50
2020-11-01 $167,975 (34.4%) $187,457 (38.1%) 0.00 53
2020-12-01 $152,475 (22.0%) $185,132 (39.5%) 0.00 54
2021-01-01 $144,500 (13.9%) $173,355 (23.2%) 0.00 53
2021-02-01 $144,475 (12.9%) $184,621 (32.3%) 0.00 39
2021-03-01 $152,200 (17.4%) $201,090 (38.1%) 0.00 34
2021-04-01 $140,500 (5.1%) $171,816 (11.9%) 0.00 33
2021-05-01 $149,450 (10.7%) $174,051 (18.7%) 0.00 36
2021-06-01 $133,500 (-1.1%) $172,217 (16.9%) 0.00 30
2021-07-01 $130,000 (-5.1%) $162,049 (8.8%) 0.00 33
2021-08-01 $151,000 (10.2%) $217,738 (38.6%) 0.00 34
2021-09-01 $142,500 (2.5%) $209,623 (27.1%) 0.00 35
2021-10-01 $168,500 (20.4%) $180,370 (-0.4%) 0.00 40
2021-11-01 $143,750 (-14.4%) $180,395 (-3.8%) 0.00 48
2021-12-01 $150,000 (-1.6%) $188,898 (2.0%) 0.00 47
2022-01-01 $170,000 (17.7%) $197,722 (14.1%) 0.00 45
2022-02-01 $149,000 (3.1%) $195,327 (5.8%) 0.00 46
2022-03-01 $149,000 (-2.1%) $183,320 (-8.8%) 0.00 42
2022-04-01 $156,000 (11.0%) $184,708 (7.5%) 0.00 45
2022-05-01 $173,500 (16.1%) $196,718 (13.0%) 0.00 47
2022-06-01 $183,500 (37.5%) $219,372 (27.4%) 0.00 49
2022-07-01 $180,000 (38.5%) $225,137 (38.9%) 0.00 49
2022-08-01 $170,000 (12.6%) $226,265 (3.9%) 0.00 49
2022-09-01 $148,500 (4.2%) $205,038 (-2.2%) 0.00 50
2022-10-01 $143,600 (-14.8%) $181,860 (0.8%) 0.00 44
2022-11-01 $173,250 (20.5%) $190,660 (5.7%) 0.00 42
2022-12-01 $165,000 (10.0%) $192,400 (1.9%) 0.00 37
2023-01-01 $172,000 (1.2%) $206,200 (4.3%) 0.00 37
2023-02-01 $160,000 (7.4%) $185,835 (-4.9%) 0.00 38
2023-03-01 $189,000 (26.9%) $239,505 (30.7%) 0.00 40
2023-04-01 $174,450 (11.8%) $239,481 (29.7%) 0.00 37
2023-05-01 $148,500 (-14.4%) $220,801 (12.2%) 0.00 37
2023-06-01 $147,110 (-19.8%) $209,505 (-4.5%) 0.00 38
2023-07-01 $149,450 (-17.0%) $179,086 (-20.5%) 0.00 35
2023-08-01 $145,325 (-14.5%) $179,284 (-20.8%) 0.00 34
2023-09-01 $150,750 (1.5%) $182,627 (-10.9%) 0.00 39
2023-10-01 $147,500 (2.7%) $175,560 (-3.5%) 0.00 44
2023-11-01 $143,125 (-17.4%) $176,275 (-7.6%) 0.00 43
2023-12-01 $142,000 (-13.9%) $179,623 (-6.6%) 0.00 35
2024-01-01 $140,000 (-18.6%) $176,853 (-14.2%) 0.00 39
2024-02-01 $141,000 (-11.9%) $175,109 (-5.8%) 0.00 44
Snyder's median listing price for 2024-02-01 was $141,000, a difference of $-19,000 (-11.9%) versus the prior year and $1,000 versus the prior month.

Snyder's median listing price comes in at 0% of the national average.

Snyder's average listing price for 2024-02-01 was $175,109, a difference of $-10,726 (-5.8%) versus the prior year and $-1,744 versus the prior month.

For the 2024-02-01 period, Snyder had 44 MLS listings, a difference of 5 listings (13%) versus the prior month and 6 listings (16%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Snyder (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,750 sqft
2018-02-01 0 days 1,803 sqft
2018-03-01 0 days 1,797 sqft
2018-04-01 0 days 1,791 sqft
2018-05-01 0 days 1,784 sqft
2018-06-01 0 days 1,778 sqft
2018-07-01 0 days 1,928 sqft
2018-08-01 0 days 1,851 sqft
2018-09-01 0 days 1,735 sqft
2018-10-01 0 days 1,688 sqft
2018-11-01 0 days 1,735 sqft
2018-12-01 0 days 1,751 sqft
2019-01-01 0 days 1,759 sqft
2019-02-01 0 days 1,767 sqft
2019-03-01 0 days 1,711 sqft
2019-04-01 0 days 1,651 sqft
2019-05-01 0 days 1,650 sqft
2019-06-01 0 days 1,730 sqft
2019-07-01 0 days 1,713 sqft
2019-08-01 0 days 1,692 sqft
2019-09-01 0 days 1,661 sqft
2019-10-01 0 days 1,643 sqft
2019-11-01 0 days 1,633 sqft
2019-12-01 0 days 1,630 sqft
2020-01-01 0 days 1,639 sqft
2020-02-01 0 days 1,654 sqft
2020-03-01 0 days 1,665 sqft
2020-04-01 0 days 1,653 sqft
2020-05-01 0 days 1,654 sqft
2020-06-01 0 days 1,665 sqft
2020-07-01 0 days 1,665 sqft
2020-08-01 0 days 1,683 sqft
2020-09-01 0 days 1,754 sqft
2020-10-01 0 days 1,756 sqft
2020-11-01 0 days 1,740 sqft
2020-12-01 0 days 1,705 sqft
2021-01-01 0 days 1,694 sqft
2021-02-01 0 days 1,701 sqft
2021-03-01 0 days 1,849 sqft
2021-04-01 0 days 1,700 sqft
2021-05-01 0 days 1,611 sqft
2021-06-01 0 days 1,545 sqft
2021-07-01 0 days 1,468 sqft
2021-08-01 0 days 1,681 sqft
2021-09-01 0 days 1,733 sqft
2021-10-01 0 days 1,663 sqft
2021-11-01 0 days 1,605 sqft
2021-12-01 0 days 1,681 sqft
2022-01-01 0 days 1,727 sqft
2022-02-01 0 days 1,633 sqft
2022-03-01 0 days 1,586 sqft
2022-04-01 0 days 1,703 sqft
2022-05-01 0 days 1,711 sqft
2022-06-01 0 days 1,719 sqft
2022-07-01 0 days 1,720 sqft
2022-08-01 0 days 1,715 sqft
2022-09-01 0 days 1,693 sqft
2022-10-01 0 days 1,672 sqft
2022-11-01 0 days 1,788 sqft
2022-12-01 0 days 1,732 sqft
2023-01-01 0 days 1,766 sqft
2023-02-01 0 days 1,686 sqft
2023-03-01 0 days 1,815 sqft
2023-04-01 0 days 1,824 sqft
2023-05-01 0 days 1,747 sqft
2023-06-01 0 days 1,673 sqft
2023-07-01 0 days 1,716 sqft
2023-08-01 0 days 1,716 sqft
2023-09-01 0 days 1,684 sqft
2023-10-01 0 days 1,605 sqft
2023-11-01 0 days 1,552 sqft
2023-12-01 0 days 1,545 sqft
2024-01-01 0 days 1,540 sqft
2024-02-01 0 days 1,540 sqft
Snyder's median listing age (time on market) for 2024-02-01 was 0 days.

Snyder's median square footage for active listings during the 2024-02-01 period was 1,540 sqft. One year prior, the average listing was 1,686 sqft.