Whitewater USDA Loan Rates, Closing Costs & Stats

Whitewater, WI

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Whitewater's 8 lenders originated 13 USDA loans during 2022. The total origination value was $3,325,000, with an average USDA loan value of $255,769.

    Whitewater USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Whitewater averaged 6.26% for the week of 2023-05-26, compared to the national average (all USDA variants) of 6.63% for the same period.

    Whitewater's average USDA mortgage closing costs are $4,526.

    The average rate for the prior week (2023-05-19) was 6.1% and one month ago for the week of 2023-04-21, the average rate was 5.91%.

    The average rate one year ago was 5.03%.

    For refis of the same type during the week of 2023-05-26, the average rate was 5.05%.

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

    Whitewater 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 Whitewater level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 3 5.29% $7,321
    GUARANTEED RATE, INC. 2 5.56% $10,279
    INLANTA MORTGAGE, INC. 2 3.69% $4,854
    Flagstar Bank, FSB 1 5.06% $4,287
    CMG MORTGAGE, INC. 1 4.63% $11,165
    INLAND BANK & TRUST 1 5.75% $6,996
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.13% $7,971
    FINANCE OF AMERICA MORTGAGE LLC 1 5.38% $8,853

    The top Whitewater USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 3 USDA loans originated. Their average total fees are $7,321, which is $2,958 lower than the next largest lender, GUARANTEED RATE, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Whitewater (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 $273,945 (14.7%) $451,317 (-0.4%) 0.00 718
    2018-02-01 $277,975 (15.0%) $466,628 (3.3%) 0.00 766
    2018-03-01 $279,000 (15.7%) $459,177 (3.2%) 0.00 838
    2018-04-01 $282,450 (10.1%) $452,542 (0.8%) 0.00 875
    2018-05-01 $289,725 (6.8%) $456,645 (2.7%) 0.00 935
    2018-06-01 $285,000 (2.8%) $453,959 (2.7%) 0.00 991
    2018-07-01 $280,490 (2.2%) $451,641 (3.5%) 0.00 1,006
    2018-08-01 $285,000 (1.1%) $441,494 (-1.8%) 0.00 1,017
    2018-09-01 $288,750 (0.0%) $446,103 (-0.4%) 0.00 1,010
    2018-10-01 $284,500 (-0.4%) $455,423 (7.6%) 0.00 973
    2018-11-01 $288,950 (1.2%) $451,185 (4.2%) 0.00 880
    2018-12-01 $289,900 (4.4%) $459,839 (12.7%) 0.00 770
    2019-01-01 $289,450 (7.5%) $463,016 (14.6%) 0.00 684
    2019-02-01 $299,000 (7.9%) $478,898 (10.7%) 0.00 693
    2019-03-01 $298,495 (8.6%) $478,446 (13.6%) 0.00 735
    2019-04-01 $314,250 (8.1%) $520,084 (11.5%) 0.00 849
    2019-05-01 $325,373 (8.6%) $528,776 (13.2%) 0.00 845
    2019-06-01 $320,040 (13.7%) $517,753 (17.4%) 0.00 884
    2019-07-01 $324,945 (15.3%) $522,709 (16.7%) 0.00 909
    2019-08-01 $320,000 (14.9%) $515,768 (17.3%) 0.00 982
    2019-09-01 $310,665 (12.5%) $496,234 (13.8%) 0.00 1,023
    2019-10-01 $307,173 (12.2%) $499,208 (12.1%) 0.00 889
    2019-11-01 $299,900 (8.7%) $496,905 (10.7%) 0.00 770
    2019-12-01 $300,000 (5.7%) $517,289 (9.7%) 0.00 641
    2020-01-01 $299,950 (0.7%) $512,547 (7.5%) 0.00 577
    2020-02-01 $313,880 (0.8%) $533,318 (10.3%) 0.00 634
    2020-03-01 $319,673 (1.9%) $528,300 (9.2%) 0.00 682
    2020-04-01 $317,450 (1.4%) $528,731 (4.9%) 0.00 664
    2020-05-01 $314,945 (0.4%) $526,151 (1.1%) 0.00 694
    2020-06-01 $317,475 (-1.0%) $532,916 (4.7%) 0.00 718
    2020-07-01 $328,250 (-0.3%) $534,948 (-1.8%) 0.00 718
    2020-08-01 $316,495 (-4.6%) $532,192 (3.0%) 0.00 689
    2020-09-01 $316,073 (-2.1%) $510,223 (2.1%) 0.00 683
    2020-10-01 $305,000 (-5.1%) $527,018 (0.8%) 0.00 614
    2020-11-01 $299,975 (-5.4%) $530,150 (6.2%) 0.00 541
    2020-12-01 $299,900 (-5.4%) $530,066 (9.9%) 0.00 455
    2021-01-01 $294,900 (-5.6%) $523,724 (1.8%) 0.00 382
    2021-02-01 $309,900 (-5.3%) $552,181 (3.3%) 0.00 406
    2021-03-01 $309,600 (-3.4%) $523,510 (7.5%) 0.00 411
    2021-04-01 $322,400 (-1.0%) $512,618 (2.1%) 0.00 442
    2021-05-01 $329,900 (-1.1%) $519,821 (0.9%) 0.00 493
    2021-06-01 $326,975 (-0.5%) $528,380 (-0.2%) 0.00 534
    2021-07-01 $329,900 (0.3%) $553,774 (6.1%) 0.00 555
    2021-08-01 $349,900 (12.4%) $535,420 (-0.3%) 0.00 612
    2021-09-01 $348,350 (10.3%) $521,395 (3.7%) 0.00 608
    2021-10-01 $344,950 (14.8%) $538,264 (14.1%) 0.00 529
    2021-11-01 $342,625 (14.5%) $539,749 (7.9%) 0.00 465
    2021-12-01 $332,000 (16.0%) $529,400 (-2.2%) 0.00 380
    2022-01-01 $342,950 (21.7%) $532,947 (10.4%) 0.00 314
    2022-02-01 $352,250 (24.2%) $589,820 (16.7%) 0.00 284
    2022-03-01 $371,748 (20.2%) $621,519 (14.7%) 0.00 293
    2022-04-01 $375,500 (26.9%) $599,067 (30.4%) 0.00 357
    2022-05-01 $374,500 (28.3%) $607,458 (31.3%) 0.00 372
    2022-06-01 $379,450 (32.8%) $625,391 (21.6%) 0.00 380
    2022-07-01 $374,900 (14.3%) $604,848 (11.5%) 0.00 434
    2022-08-01 $379,000 (7.9%) $634,627 (16.5%) 0.00 458
    2022-09-01 $390,000 (16.4%) $591,098 (11.1%) 0.00 451
    2022-10-01 $389,000 (17.8%) $615,043 (6.0%) 0.00 405
    2022-11-01 $375,000 (14.2%) $597,017 (1.2%) 0.00 385
    2022-12-01 $380,000 (20.7%) $607,984 (13.2%) 0.00 313
    2023-01-01 $392,175 (29.3%) $603,749 (11.9%) 0.00 270
    2023-02-01 $421,820 (23.6%) $619,356 (-3.7%) 0.00 279
    2023-03-01 $437,318 (0.0%) $646,888 (0.0%) 0.00 329
    2023-04-01 $458,990 (0.0%) $686,169 (0.0%) 0.00 341
    Whitewater's median listing price for 2023-04-01 was $458,990, a difference of $83,490 (0.0%) versus the prior year and $21,672 versus the prior month.

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

    Whitewater's average listing price for 2023-04-01 was $686,169, a difference of $87,102 (0.0%) versus the prior year and $39,281 versus the prior month.

    For the 2023-04-01 period, Whitewater had 341 MLS listings, a difference of 12 listings (4%) versus the prior month and -16 listings (-4%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Whitewater (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,809 sqft
    2018-02-01 0 days 1,816 sqft
    2018-03-01 0 days 1,816 sqft
    2018-04-01 0 days 1,819 sqft
    2018-05-01 0 days 1,811 sqft
    2018-06-01 0 days 1,820 sqft
    2018-07-01 0 days 1,802 sqft
    2018-08-01 0 days 1,803 sqft
    2018-09-01 0 days 1,801 sqft
    2018-10-01 0 days 1,799 sqft
    2018-11-01 0 days 1,800 sqft
    2018-12-01 0 days 1,800 sqft
    2019-01-01 0 days 1,800 sqft
    2019-02-01 0 days 1,813 sqft
    2019-03-01 0 days 1,815 sqft
    2019-04-01 0 days 1,868 sqft
    2019-05-01 0 days 1,903 sqft
    2019-06-01 0 days 1,896 sqft
    2019-07-01 0 days 1,936 sqft
    2019-08-01 0 days 1,890 sqft
    2019-09-01 0 days 1,905 sqft
    2019-10-01 0 days 1,913 sqft
    2019-11-01 0 days 1,875 sqft
    2019-12-01 0 days 1,862 sqft
    2020-01-01 0 days 1,801 sqft
    2020-02-01 0 days 1,878 sqft
    2020-03-01 0 days 1,862 sqft
    2020-04-01 0 days 1,856 sqft
    2020-05-01 0 days 1,840 sqft
    2020-06-01 0 days 1,892 sqft
    2020-07-01 0 days 1,905 sqft
    2020-08-01 0 days 1,899 sqft
    2020-09-01 0 days 1,900 sqft
    2020-10-01 0 days 1,860 sqft
    2020-11-01 0 days 1,809 sqft
    2020-12-01 0 days 1,816 sqft
    2021-01-01 0 days 1,748 sqft
    2021-02-01 0 days 1,746 sqft
    2021-03-01 0 days 1,714 sqft
    2021-04-01 0 days 1,745 sqft
    2021-05-01 0 days 1,800 sqft
    2021-06-01 0 days 1,808 sqft
    2021-07-01 0 days 1,746 sqft
    2021-08-01 0 days 1,745 sqft
    2021-09-01 0 days 1,740 sqft
    2021-10-01 0 days 1,734 sqft
    2021-11-01 0 days 1,755 sqft
    2021-12-01 0 days 1,735 sqft
    2022-01-01 0 days 1,700 sqft
    2022-02-01 0 days 1,772 sqft
    2022-03-01 0 days 1,769 sqft
    2022-04-01 0 days 1,750 sqft
    2022-05-01 0 days 1,792 sqft
    2022-06-01 0 days 1,830 sqft
    2022-07-01 0 days 1,800 sqft
    2022-08-01 0 days 1,813 sqft
    2022-09-01 0 days 1,826 sqft
    2022-10-01 0 days 1,900 sqft
    2022-11-01 0 days 1,850 sqft
    2022-12-01 0 days 1,846 sqft
    2023-01-01 0 days 1,876 sqft
    2023-02-01 0 days 1,907 sqft
    2023-03-01 0 days 1,852 sqft
    2023-04-01 0 days 1,962 sqft
    Whitewater's median listing age (time on market) for 2023-04-01 was 0 days.

    Whitewater's median square footage for active listings during the 2023-04-01 period was 1,962 sqft. One year prior, the average listing was 1,750 sqft.