Yuma USDA Loan Rates, Closing Costs & Stats

YUMA, AZ

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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.

    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 6.64% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.4% and one month ago for the week of 2024-03-15, the average rate was 6.48%.

    The average rate one year ago was 6.32%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.93%.

    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
    Yuma's median listing price for 2024-03-01 was $339,000, a difference of $39,775 (13.3%) versus the prior year and $1,575 versus the prior month.

    Yuma's median listing price comes in at 80% of the national average.

    Yuma's average listing price for 2024-03-01 was $386,307, a difference of $28,448 (8.0%) versus the prior year and $395 versus the prior month.

    For the 2024-03-01 period, Yuma had 403 MLS listings, a difference of 8 listings (2%) versus the prior month and 136 listings (51%) 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 1,584 sqft
    2024-02-01 52 days 1,595 sqft
    2024-03-01 45 days 1,602 sqft
    Yuma's median listing age (time on market) for 2024-03-01 was 45 days. This is 5% longer than the same period one year ago.

    Yuma's median square footage for active listings during the 2024-03-01 period was 1,602 sqft. One year prior, the average listing was 1,565 sqft.