Albertville USDA Loan Rates, Closing Costs & Stats

Albertville, AL

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.

Albertville's 19 lenders originated 60 USDA loans during 2024. The total origination value was $12,220,000, with an average USDA loan value of $203,667.

Albertville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Albertville averaged -0.05% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Albertville's average USDA mortgage closing costs are $4,663.

The average rate for the prior week (2025-06-13) was 6.75% and one month ago for the week of 2025-05-16, the average rate was 6.62%.

The average rate one year ago was 6.74%.

For refis of the same type during the week of 2025-06-20, the average rate was 0.18%.

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

Albertville 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 Albertville level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
GMFS LLC 11 6.31% $3,814
CANOPY MORTGAGE, LLC 6 6.15% $7,830
STOCKTON MORTGAGE CORPORATION 5 6.15% $7,099
TJC Mortgage, Inc. 5 6.48% $6,533
UNITED WHOLESALE MORTGAGE, LLC 5 5.95% $6,810
Renasant Bank 4 5.84% $7,213
FirstBank 3 5.79% $7,886
INSPIRE HOME LOANS INC. 3 6.04% $5,790
TOWNE MORTGAGE COMPANY 3 6.79% $5,285
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.81% $7,361
REDSTONE Federal Credit Union 2 6.31% $4,379
Hamilton Mortgage Corporation 2 6.25% $5,397
FIRST COMMUNITY MORTGAGE, INC. 2 6.25% $5,814
MOVEMENT MORTGAGE, LLC 1 5.50% $16,527
GUILD MORTGAGE COMPANY 1 6.25% $6,880
BROKER SOLUTIONS, INC. 1 5.75% $9,689
SUCCESS MORTGAGE PARTNERS, INC. 1 6.13% $8,475
THE MORTGAGE LINK, INC. 1 6.75% $11,280
Trustmark National Bank 1 5.75% $10,685

The top Albertville USDA lender as defined by loan originations is GMFS LLC, with 11 USDA loans originated. Their average total fees are $3,814, which is $4,016 lower than the next largest lender, CANOPY MORTGAGE, LLC.

The lowest fee Albertville USDA lenders (with over 10 loans originated) are GMFS LLC ($3,814), .

The lowest rate Albertville USDA lenders (with over 10 loans originated) are GMFS LLC (6.31%), .