Augusta USDA Loan Rates, Closing Costs & Stats

AUGUSTA-RICHMOND COUNTY, GA-SC

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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.

    Augusta's 33 lenders originated 94 USDA loans during 2024. The total origination value was $20,640,000, with an average USDA loan value of $219,574.

    Augusta USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Augusta averaged 0.04% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

    Augusta's average USDA mortgage closing costs are $5,333.

    The average rate for the prior week (2025-06-13) was 6.44% and one month ago for the week of 2025-05-16, the average rate was 6.3%.

    The average rate one year ago was 6.52%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.36%.

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

    Augusta 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 Augusta level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 15 5.13% $4,766
    GUILD MORTGAGE COMPANY 12 6.37% $8,122
    Security Federal Bank 8 6.06% $7,489
    Assurance Financial Group, L.L.C. 6 6.25% $6,774
    Queensborough National Bank & Trust Company 4 6.09% $7,572
    UNITED WHOLESALE MORTGAGE, LLC 4 6.12% $7,456
    First Heritage Mortgage, LLC 4 6.38% $8,358
    South State Bank 3 6.04% $6,730
    FBC MORTGAGE, LLC 3 5.04% $7,243
    UNION HOME MORTGAGE CORP. 3 5.71% $11,376
    CARDINAL FINANCIAL 3 6.21% $7,178
    Paramount Residential Mortgage Group, Inc. 2 6.38% $8,153
    BancorpSouth 2 6.13% $6,009
    BROKER SOLUTIONS, INC. 2 5.87% $10,783
    TOWNE MORTGAGE COMPANY 2 5.88% $8,463
    Regions Bank 1 5.50% $9,345
    Renasant Bank 1 7.13% $3,843
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.25% $7,065
    SUN WEST MORTGAGE COMPANY, INC. 1 6.25% $10,787
    Synovus Bank 1 6.50% $8,737
    T2 FINANCIAL LLC 1 6.63% $10,723
    CALCON MUTUAL MORTGAGE LLC 1 6.49% $11,322
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.50% $5,786
    Century Mortgage Company DBA Century Lending Company 1 6.75% $4,604
    CROSSCOUNTRY MORTGAGE, LLC 1 5.99% $8,519
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $8,954
    FIRST CHOICE MORTGAGE, INC. 1 6.38% $3,079
    First Community Bank 1 6.75% $6,018
    Flagstar Bank, FSB 1 6.38% $3,079
    GUARANTEED RATE, INC. 1 7.20% $5,262
    Mortgage Research Center, LLC 1 6.75% $6,943
    MOVEMENT MORTGAGE, LLC 1 6.50% $12,549
    Plains Commerce Bank 1 7.25% $9,541

    The top Augusta USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 15 USDA loans originated. Their average total fees are $4,766, which is $3,355 lower than the next largest lender, GUILD MORTGAGE COMPANY.

    The lowest fee Augusta USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($4,766), GUILD MORTGAGE COMPANY ($8,122), .

    The lowest rate Augusta USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.13%), GUILD MORTGAGE COMPANY (6.37%), .