Atlanta USDA Loan Rates, Closing Costs & Stats

ATLANTA-SANDY SPRINGS-ALPHARETTA, GA

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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.

    Atlanta's 84 lenders originated 337 USDA loans during 2024. The total origination value was $89,385,000, with an average USDA loan value of $265,237.

    Atlanta USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Atlanta averaged 0.27% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

    Atlanta's average USDA mortgage closing costs are $5,462.

    The average rate for the prior week (2025-06-27) was 6.41% and one month ago for the week of 2025-05-30, the average rate was 6.79%.

    The average rate one year ago was 6.69%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.05%.

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

    Atlanta 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 Atlanta level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Magnolia Bank 22 6.25% $7,448
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 6.57% $9,822
    CROSSCOUNTRY MORTGAGE, LLC 13 6.53% $10,078
    UNITED WHOLESALE MORTGAGE, LLC 13 6.11% $11,483
    GUILD MORTGAGE COMPANY 12 6.16% $9,766
    BROKER SOLUTIONS, INC. 11 6.52% $8,382
    FIRST COMMUNITY MORTGAGE, INC. 10 6.43% $7,632
    Ameris Bank 10 6.21% $7,966
    Equity Prime Mortgage LLC 10 6.58% $10,435
    BANKSOUTH MORTGAGE COMPANY, LLC 10 6.22% $9,615
    MOVEMENT MORTGAGE, LLC 9 6.03% $12,338
    GUARANTEED RATE, INC. 9 6.03% $12,409
    CANOPY MORTGAGE, LLC 8 6.31% $11,461
    Renasant Bank 7 6.30% $8,778
    VAN DYK MORTGAGE CORPORATION 7 6.36% $4,896
    ACOPIA, LLC 7 6.64% $8,350
    SWBC MORTGAGE CORPORATION 7 5.77% $5,773
    VANDERBILT MORTGAGE AND FINANCE, INC. 6 6.00% $11,716
    NEWREZ LLC 6 5.90% $10,178
    United Community Bank 5 6.25% $6,363
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 6.55% $10,259
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 5 5.93% $8,267
    Synovus Bank 5 5.88% $10,202
    HOMEOWNERS FINANCIAL GROUP USA, LLC 5 6.50% $9,834
    Residential Acceptance Corporation 4 7.94% $8,466
    Flagstar Bank, FSB 3 6.21% $7,172
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.58% $6,781
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.17% $9,019
    CARDINAL FINANCIAL 3 6.13% $11,746
    DAS Acquisition Company, LLC 3 6.50% $9,437
    DHI MORTGAGE COMPANY, LTD. 3 4.96% $6,654
    EUSTIS AND AMERICAN MORTGAGE COMPANY 3 5.83% $10,219
    Goldwater Bank, N.A. 3 6.38% $7,790
    HOMESIDE FINANCIAL, LLC 3 6.17% $10,496
    NFM, INC. 3 6.71% $8,357
    NVR Mortgage Finance, Inc. 3 5.62% $11,157
    PREMIER MORTGAGE RESOURCES, L.L.C. 3 6.21% $7,357
    Presidential Bank, FSB 3 6.04% $10,164
    STOCKTON MORTGAGE CORPORATION 3 6.42% $9,410
    NJ LENDERS CORP. 2 5.56% $12,664
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.69% $9,424
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.94% $7,901
    Prosperity Home Mortgage, LLC 2 6.43% $8,492
    INSPIRE HOME LOANS INC. 2 5.94% $6,592
    UNION HOME MORTGAGE CORP. 2 6.38% $11,872
    DIRECT LENDERS, LLC 2 6.25% $3,620
    Paramount Residential Mortgage Group, Inc. 2 5.75% $11,437
    Century Mortgage Company DBA Century Lending Company 2 6.00% $8,769
    Plains Commerce Bank 2 6.38% $8,479
    PLAZA HOME MORTGAGE, INC. 2 5.81% $7,970
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.38% $7,819
    EAGLE HOME MORTGAGE, LLC 2 4.56% $7,913
    Alcova Mortgage LLC 1 6.00% $4,388
    VILLAGE CAPITAL MORTGAGE 1 6.25% $5,636
    RADIUS FINANCIAL GROUP INC. 1 6.13% $8,097
    Regions Bank 1 6.25% $5,819
    CMG MORTGAGE, INC. 1 4.75% $9,234
    Carrington Mortgage Services, LLC 1 7.63% $13,209
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.63% $3,815
    Wolfe Financial, Inc 1 5.63% $10,431
    SUMMIT FUNDING, INC. 1 6.13% $9,614
    Capital City Home Loans, LLC 1 6.63% $7,807
    CALCON MUTUAL MORTGAGE LLC 1 6.63% $8,327
    TOWNE MORTGAGE COMPANY 1 6.25% $9,832
    Truist 1 6.25% $7,888
    FIRST COLONY MORTGAGE CORPORATION 1 5.50% $9,703
    Armed Forces Bank 1 6.50% $6,107
    GMFS LLC 1 6.75% $2,743
    United Bank 1 6.38% $6,572
    FirstBank 1 6.00% $7,543
    EVERETT FINANCIAL, INC. 1 7.63% $12,296
    FREEDOM MORTGAGE CORPORATION 1 6.00% $11,724
    Ixonia Bank 1 6.63% $8,410
    JMAC LENDING, INC. 1 6.75% $9,402
    LOANDEPOT.COM, LLC 1 5.75% $16,424
    Loan Simple, Inc. 1 6.62% $13,666
    MEMBER FIRST MORTGAGE, LLC 1 6.00% $13,805
    MORTGAGE INVESTORS GROUP, INC. 1 6.00% $9,748
    Mortgage Research Center, LLC 1 6.75% $5,787
    CREDIT UNION FINANCIAL SERVICES, LLC 1 6.25% $7,495
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $10,629
    Cornerstone First Mortgage, Inc 1 6.25% $9,186
    Northpointe Bank 1 6.00% $13,247
    AMERICAN FINANCIAL NETWORK, INC. 1 6.75% $6,536

    The top Atlanta USDA lender as defined by loan originations is Magnolia Bank, with 22 USDA loans originated. Their average total fees are $7,448, which is $2,374 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Atlanta USDA lenders (with over 10 loans originated) are Magnolia Bank ($7,448), FIRST COMMUNITY MORTGAGE, INC. ($7,632), Ameris Bank ($7,966), BROKER SOLUTIONS, INC. ($8,382) and BANKSOUTH MORTGAGE COMPANY, LLC ($9,615).

    The lowest rate Atlanta USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.11%), GUILD MORTGAGE COMPANY (6.16%), Ameris Bank (6.21%), BANKSOUTH MORTGAGE COMPANY, LLC (6.22%) and Magnolia Bank (6.25%).