Yuma USDA Loan Rates, Closing Costs & Stats

YUMA, AZ

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.

Yuma's 12 lenders originated 61 USDA loans during 2023. The total origination value was $14,805,000, with an average USDA loan value of $242,705.

Yuma USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Yuma averaged 6.52% for the week of 2024-07-05, compared to the national average (all USDA variants) of 6.738% for the same period.

Yuma's average USDA mortgage closing costs are $5,401.

The average rate for the prior week (2024-06-28) was 6.6% and one month ago for the week of 2024-05-31, the average rate was 6.56%.

The average rate one year ago was 6.74%.

For refis of the same type during the week of 2024-07-05, the average rate was 7%.

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

Yuma 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 Yuma level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 17 6.08% $12,017
RESIDENTIAL WHOLESALE MORTGAGE, INC. 10 6.25% $8,607
NOVA FINANCIAL & INVESTMENT CORPORATION 9 6.53% $4,533
CROSSCOUNTRY MORTGAGE, LLC 6 6.43% $10,113
Neighborhood Loans, Inc. 4 6.16% $10,135
ACADEMY MORTGAGE CORPORATION 3 6.17% $12,253
GUILD MORTGAGE COMPANY 3 6.54% $9,686
GENEVA FINANCIAL, LLC 2 6.63% $11,215
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.25% $8,891
GUARANTEED RATE, INC. 1 6.88% $10,034
NEWREZ LLC 1 6.25% $7,043
SECURITYNATIONAL MORTGAGE COMPANY 1 6.63% $8,570

The top Yuma USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 17 USDA loans originated. Their average total fees are $12,017, which is $3,410 higher than the next largest lender, RESIDENTIAL WHOLESALE MORTGAGE, INC..

The lowest fee Yuma USDA lenders (with over 10 loans originated) are RESIDENTIAL WHOLESALE MORTGAGE, INC. ($8,607), UNITED WHOLESALE MORTGAGE, LLC ($12,017), .

The lowest rate Yuma USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.08%), RESIDENTIAL WHOLESALE MORTGAGE, INC. (6.25%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Yuma (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 $191,100 (0.6%) $221,576 (0.3%) 0.71 807
2018-02-01 $195,000 (0.3%) $224,779 (-0.3%) 0.71 784
2018-03-01 $199,000 (-0.2%) $226,613 (-0.2%) 0.70 763
2018-04-01 $199,850 (1.9%) $229,462 (0.6%) 0.68 704
2018-05-01 $208,788 (4.8%) $231,748 (-0.1%) 0.70 649
2018-06-01 $206,187 (4.2%) $230,336 (0.3%) 0.69 628
2018-07-01 $205,000 (2.6%) $230,138 (-1.2%) 0.68 595
2018-08-01 $214,000 (7.1%) $234,369 (0.6%) 0.72 599
2018-09-01 $217,912 (9.0%) $235,240 (2.0%) 0.73 659
2018-10-01 $217,431 (4.6%) $235,484 (2.6%) 0.74 666
2018-11-01 $217,500 (8.8%) $237,812 (6.4%) 0.74 690
2018-12-01 $220,000 (12.9%) $234,564 (6.4%) 0.76 681
2019-01-01 $219,900 (15.1%) $235,306 (6.2%) 0.76 681
2019-02-01 $222,862 (14.3%) $242,243 (7.8%) 0.75 690
2019-03-01 $225,393 (13.3%) $244,395 (7.9%) 0.74 662
2019-04-01 $225,943 (13.1%) $245,717 (7.1%) 0.72 639
2019-05-01 $220,950 (5.8%) $248,278 (7.1%) 0.69 627
2019-06-01 $224,900 (9.1%) $251,413 (9.2%) 0.70 589
2019-07-01 $226,500 (10.5%) $256,125 (11.3%) 0.71 533
2019-08-01 $229,109 (7.1%) $259,451 (10.7%) 0.73 533
2019-09-01 $227,923 (4.6%) $258,542 (9.9%) 0.73 538
2019-10-01 $227,582 (4.7%) $259,009 (10.0%) 0.73 541
2019-11-01 $229,900 (5.7%) $258,637 (8.8%) 0.75 560
2019-12-01 $227,373 (3.4%) $256,167 (9.2%) 0.76 555
2020-01-01 $219,450 (-0.2%) $248,519 (5.6%) 0.73 552
2020-02-01 $224,900 (0.9%) $255,663 (5.5%) 0.74 509
2020-03-01 $239,913 (6.4%) $267,098 (9.3%) 0.75 461
2020-04-01 $237,950 (5.3%) $264,014 (7.5%) 0.75 454
2020-05-01 $239,900 (8.6%) $261,809 (5.5%) 0.73 355
2020-06-01 $232,600 (3.4%) $264,209 (5.1%) 0.69 271
2020-07-01 $242,879 (7.2%) $282,201 (10.2%) 0.70 225
2020-08-01 $229,900 (0.4%) $284,749 (9.8%) 0.66 190
2020-09-01 $227,450 (-0.2%) $294,144 (13.8%) 0.65 194
2020-10-01 $210,900 (-7.3%) $281,133 (8.5%) 0.60 207
2020-11-01 $231,250 (0.6%) $291,215 (12.6%) 0.68 201
2020-12-01 $229,508 (0.9%) $290,015 (13.2%) 0.68 199
2021-01-01 $240,000 (9.4%) $293,787 (18.2%) 0.72 172
2021-02-01 $246,850 (9.8%) $301,900 (18.1%) 0.72 165
2021-03-01 $256,175 (6.8%) $297,999 (11.6%) 0.73 160
2021-04-01 $260,888 (9.6%) $317,525 (20.3%) 0.71 145
2021-05-01 $279,900 (16.7%) $335,538 (28.2%) 0.74 139
2021-06-01 $281,975 (21.2%) $324,819 (22.9%) 0.74 147
2021-07-01 $281,450 (15.9%) $326,385 (15.7%) 0.74 203
2021-08-01 $270,200 (17.5%) $314,996 (10.6%) 0.72 209
2021-09-01 $271,000 (19.2%) $313,151 (6.5%) 0.72 201
2021-10-01 $279,250 (32.4%) $331,984 (18.1%) 0.74 184
2021-11-01 $279,500 (20.9%) $331,982 (14.0%) 0.75 172
2021-12-01 $280,000 (22.0%) $332,596 (14.7%) 0.76 166
2022-01-01 $285,741 (19.1%) $336,976 (14.7%) 0.77 152
2022-02-01 $296,450 (20.1%) $337,175 (11.7%) 0.77 151
2022-03-01 $299,625 (17.0%) $339,100 (13.8%) 0.75 150
2022-04-01 $315,000 (20.7%) $362,252 (14.1%) 0.75 169
2022-05-01 $309,724 (10.7%) $363,769 (8.4%) 0.71 212
2022-06-01 $302,128 (7.2%) $354,112 (9.0%) 0.67 269
2022-07-01 $310,130 (10.2%) $353,713 (8.4%) 0.70 314
2022-08-01 $311,440 (15.3%) $360,023 (14.3%) 0.72 342
2022-09-01 $315,000 (16.2%) $365,030 (16.6%) 0.74 362
2022-10-01 $311,440 (11.5%) $359,317 (8.2%) 0.73 393
2022-11-01 $309,640 (10.8%) $349,630 (5.3%) 0.74 399
2022-12-01 $305,000 (8.9%) $349,224 (5.0%) 0.75 370
2023-01-01 $299,800 (4.9%) $346,910 (3.0%) 0.74 337
2023-02-01 $303,939 (2.5%) $352,680 (4.6%) 0.73 306
2023-03-01 $299,225 (-0.1%) $357,859 (5.5%) 0.71 267
2023-04-01 $305,000 (-3.2%) $364,358 (0.6%) 0.71 242
2023-05-01 $326,000 (5.3%) $371,628 (2.2%) 0.74 232
2023-06-01 $346,275 (14.6%) $397,051 (12.1%) 0.78 232
2023-07-01 $339,500 (9.5%) $390,631 (10.4%) 0.77 260
2023-08-01 $335,475 (7.7%) $393,578 (9.3%) 0.77 257
2023-09-01 $347,450 (10.3%) $392,087 (7.4%) 0.81 274
2023-10-01 $342,450 (10.0%) $385,091 (7.2%) 0.81 375
2023-11-01 $339,450 (9.6%) $396,775 (13.5%) 0.81 417
2023-12-01 $330,000 (8.2%) $387,280 (10.9%) 0.80 420
2024-01-01 $328,475 (9.6%) $379,129 (9.3%) 0.80 407
2024-02-01 $337,425 (11.0%) $385,912 (9.4%) 0.81 395
2024-03-01 $339,000 (13.3%) $386,307 (8.0%) 0.80 403
2024-04-01 $349,450 (14.6%) $390,362 (7.1%) 0.81 414
2024-05-01 $355,225 (9.0%) $387,030 (4.1%) 0.80 396
2024-06-01 $350,000 (1.1%) $380,579 (-4.2%) 0.79 406
Yuma's median listing price for 2024-06-01 was $350,000, a difference of $3,725 (1.1%) versus the prior year and $-5,225 versus the prior month.

Yuma's median listing price comes in at 79% of the national average.

Yuma's average listing price for 2024-06-01 was $380,579, a difference of $-16,472 (-4.2%) versus the prior year and $-6,451 versus the prior month.

For the 2024-06-01 period, Yuma had 406 MLS listings, a difference of 10 listings (3%) versus the prior month and 174 listings (75%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Yuma (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 72 days 1,628 sqft
2018-02-01 75 days 1,631 sqft
2018-03-01 66 days 1,650 sqft
2018-04-01 64 days 1,660 sqft
2018-05-01 67 days 1,701 sqft
2018-06-01 63 days 1,701 sqft
2018-07-01 70 days 1,701 sqft
2018-08-01 68 days 1,699 sqft
2018-09-01 58 days 1,695 sqft
2018-10-01 57 days 1,691 sqft
2018-11-01 60 days 1,691 sqft
2018-12-01 65 days 1,695 sqft
2019-01-01 72 days 1,699 sqft
2019-02-01 68 days 1,699 sqft
2019-03-01 64 days 1,690 sqft
2019-04-01 63 days 1,682 sqft
2019-05-01 68 days 1,665 sqft
2019-06-01 73 days 1,679 sqft
2019-07-01 75 days 1,694 sqft
2019-08-01 67 days 1,696 sqft
2019-09-01 56 days 1,675 sqft
2019-10-01 50 days 1,665 sqft
2019-11-01 54 days 1,662 sqft
2019-12-01 65 days 1,660 sqft
2020-01-01 68 days 1,638 sqft
2020-02-01 68 days 1,660 sqft
2020-03-01 58 days 1,686 sqft
2020-04-01 61 days 1,654 sqft
2020-05-01 66 days 1,666 sqft
2020-06-01 67 days 1,609 sqft
2020-07-01 54 days 1,670 sqft
2020-08-01 45 days 1,634 sqft
2020-09-01 33 days 1,606 sqft
2020-10-01 29 days 1,548 sqft
2020-11-01 42 days 1,565 sqft
2020-12-01 40 days 1,541 sqft
2021-01-01 47 days 1,552 sqft
2021-02-01 32 days 1,578 sqft
2021-03-01 26 days 1,606 sqft
2021-04-01 25 days 1,674 sqft
2021-05-01 29 days 1,718 sqft
2021-06-01 28 days 1,667 sqft
2021-07-01 24 days 1,602 sqft
2021-08-01 31 days 1,570 sqft
2021-09-01 38 days 1,553 sqft
2021-10-01 41 days 1,553 sqft
2021-11-01 34 days 1,555 sqft
2021-12-01 41 days 1,549 sqft
2022-01-01 32 days 1,595 sqft
2022-02-01 20 days 1,570 sqft
2022-03-01 22 days 1,600 sqft
2022-04-01 19 days 1,657 sqft
2022-05-01 22 days 1,625 sqft
2022-06-01 24 days 1,614 sqft
2022-07-01 30 days 1,584 sqft
2022-08-01 38 days 1,595 sqft
2022-09-01 42 days 1,662 sqft
2022-10-01 45 days 1,609 sqft
2022-11-01 51 days 1,575 sqft
2022-12-01 61 days 1,574 sqft
2023-01-01 57 days 1,573 sqft
2023-02-01 46 days 1,579 sqft
2023-03-01 43 days 1,565 sqft
2023-04-01 43 days 1,584 sqft
2023-05-01 40 days 1,622 sqft
2023-06-01 43 days 1,681 sqft
2023-07-01 35 days 1,606 sqft
2023-08-01 48 days 1,599 sqft
2023-09-01 45 days 1,627 sqft
2023-10-01 40 days 1,666 sqft
2023-11-01 46 days 1,645 sqft
2023-12-01 58 days 1,587 sqft
2024-01-01 62 days 1,585 sqft
2024-02-01 52 days 1,596 sqft
2024-03-01 45 days 1,602 sqft
2024-04-01 42 days 1,602 sqft
2024-05-01 43 days 1,604 sqft
2024-06-01 47 days 1,599 sqft
Yuma's median listing age (time on market) for 2024-06-01 was 47 days. This is 11% longer than the same period one year ago.

Yuma's median square footage for active listings during the 2024-06-01 period was 1,599 sqft. One year prior, the average listing was 1,681 sqft.