Beaumont USDA Loan Rates, Closing Costs & Stats

BEAUMONT-PORT ARTHUR, TX

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.

Beaumont's 20 lenders originated 32 USDA loans during 2024. The total origination value was $6,120,000, with an average USDA loan value of $191,250.

Beaumont USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Beaumont averaged -0.1% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

Beaumont's average USDA mortgage closing costs are $6,027.

The average rate for the prior week (2025-06-27) was 6.44% and one month ago for the week of 2025-05-30, the average rate was 6.82%.

The average rate one year ago was 6.62%.

For refis of the same type during the week of 2025-07-04, the average rate was 0.16%.

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

Beaumont 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 Beaumont level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
CANOPY MORTGAGE, LLC 4 6.28% $8,806
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.04% $9,513
UNITED WHOLESALE MORTGAGE, LLC 3 6.08% $9,948
American Mortgage Bank, LLC 2 6.44% $6,877
CROSSCOUNTRY MORTGAGE, LLC 2 6.44% $7,644
Flagstar Bank, FSB 2 6.69% $5,271
GUILD MORTGAGE COMPANY 2 6.38% $8,509
Equity Prime Mortgage LLC 1 6.13% $4,649
CARDINAL FINANCIAL 1 7.25% $5,612
FBC MORTGAGE, LLC 1 5.99% $5,790
ASSOCIATED MORTGAGE CORPORATION 1 6.75% $7,513
V.I.P. MORTGAGE, INC. 1 5.88% $8,127
LEADERONE FINANCIAL CORPORATION 1 6.62% $8,995
Mortgage Research Center, LLC 1 6.75% $12,889
NATIONS RELIABLE LENDING, LLC 1 7.13% $7,998
OPEN MORTGAGE, LLC 1 6.88% $7,260
Sierra Pacific Mortgage Company, Inc. 1 5.38% $8,228
SUN WEST MORTGAGE COMPANY, INC. 1 6.88% $6,567
DHI MORTGAGE COMPANY, LTD. 1 4.75% $6,402
DSLD MORTGAGE, LLC 1 4.99% $4,241

The top Beaumont USDA lender as defined by loan originations is CANOPY MORTGAGE, LLC, with 4 USDA loans originated. Their average total fees are $8,806, which is $708 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

The lowest fee Beaumont USDA lenders (with over 10 loans originated) are .

The lowest rate Beaumont USDA lenders (with over 10 loans originated) are .