Austin USDA Loan Rates, Closing Costs & Stats

AUSTIN-ROUND ROCK-GEORGETOWN, TX

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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.

    Austin's 29 lenders originated 227 USDA loans during 2024. The total origination value was $65,265,000, with an average USDA loan value of $287,511.

    Austin USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Austin averaged -0.07% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

    Austin's average USDA mortgage closing costs are $7,533.

    The average rate for the prior week (2025-06-13) was 6.03% and one month ago for the week of 2025-05-16, the average rate was 6.29%.

    The average rate one year ago was 6.41%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.05%.

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

    Austin 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 Austin level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 66 4.61% $7,259
    EAGLE HOME MORTGAGE, LLC 51 4.47% $6,430
    VELOCIO MORTGAGE L.L.C. 42 4.42% $11,400
    CMG MORTGAGE, INC. 12 5.09% $9,656
    PULTE MORTGAGE LLC 9 4.68% $5,046
    SFMC, LP 5 5.67% $12,059
    INSPIRE HOME LOANS INC. 5 4.65% $13,111
    KBHS HOME LOANS, LLC 4 5.38% $7,673
    UNITED WHOLESALE MORTGAGE, LLC 3 6.50% $10,116
    Paramount Residential Mortgage Group, Inc. 3 6.17% $8,472
    NEWREZ LLC 2 5.94% $12,360
    GUILD MORTGAGE COMPANY 2 5.63% $8,598
    HOME FINANCING UNLIMITED, INC. 2 5.31% $9,208
    SWBC MORTGAGE CORPORATION 2 5.94% $6,809
    AMERICAN FINANCIAL NETWORK, INC. 1 6.00% $6,710
    HOMESIDE FINANCIAL, LLC 1 6.25% $18,552
    PLAZA HOME MORTGAGE, INC. 1 6.13% $10,567
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.75% $10,061
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $10,933
    SECURITYNATIONAL MORTGAGE COMPANY 1 5.25% $8,144
    CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $11,318
    South Pacific Financial Corporation 1 4.88% $7,564
    SUMMIT FUNDING, INC. 1 6.38% $10,421
    American Mortgage & Equity Consultants, Inc. 1 7.13% $11,379
    TruHome Solutions, LLC 1 6.13% $11,680
    CANOPY MORTGAGE, LLC 1 6.75% $9,494
    UNIVERSITY Federal Credit Union 1 6.13% $7,273
    US MORTGAGE CORPORATION 1 6.13% $13,584
    LOANDEPOT.COM, LLC 1 6.63% $6,538

    The top Austin USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 66 USDA loans originated. Their average total fees are $7,259, which is $829 higher than the next largest lender, EAGLE HOME MORTGAGE, LLC.

    The lowest fee Austin USDA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($6,430), DHI MORTGAGE COMPANY, LTD. ($7,259), CMG MORTGAGE, INC. ($9,656), VELOCIO MORTGAGE L.L.C. ($11,400) and .

    The lowest rate Austin USDA lenders (with over 10 loans originated) are VELOCIO MORTGAGE L.L.C. (4.42%), EAGLE HOME MORTGAGE, LLC (4.47%), DHI MORTGAGE COMPANY, LTD. (4.61%), CMG MORTGAGE, INC. (5.09%) and .