Bowling Green USDA Loan Rates, Closing Costs & Stats

BOWLING GREEN, KY

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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.

    Bowling Green's 26 lenders originated 84 USDA loans during 2024. The total origination value was $18,390,000, with an average USDA loan value of $218,929.

    Bowling Green USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Bowling Green averaged 0.27% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

    Bowling Green's average USDA mortgage closing costs are $4,999.

    The average rate for the prior week (2025-06-13) was 6.47% and one month ago for the week of 2025-05-16, the average rate was 6.63%.

    The average rate one year ago was 6.86%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.26%.

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

    Bowling Green 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 Bowling Green level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 22 6.31% $7,840
    RUOFF MORTGAGE COMPANY, INC. 7 6.86% $3,014
    Magnolia Bank 7 6.41% $5,943
    Edmonton State Bank 6 6.35% $5,915
    UNION HOME MORTGAGE CORP. 6 6.42% $6,639
    German American Bank 5 5.78% $5,033
    EVANSVILLE TEACHERS 4 6.25% $6,123
    SOUTH CENTRAL BANK, INC. 4 6.28% $5,007
    FIRST COMMUNITY MORTGAGE, INC. 3 5.83% $8,092
    U.S. Bank 2 6.62% $4,910
    STOCKTON MORTGAGE CORPORATION 2 6.31% $7,266
    UNITED WHOLESALE MORTGAGE, LLC 2 5.87% $8,643
    FREEDOM MORTGAGE CORPORATION 1 5.75% $12,932
    CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $7,556
    GoPrime Mortgage, Inc. 1 6.38% $5,433
    Century Mortgage Company DBA Century Lending Company 1 6.75% $9,953
    NEWREZ LLC 1 6.13% $4,787
    Paramount Residential Mortgage Group, Inc. 1 6.63% $5,702
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.99% $8,770
    Renasant Bank 1 6.50% $5,891
    BROKER SOLUTIONS, INC. 1 6.50% $8,878
    BAY EQUITY LLC 1 6.75% $5,595
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.63% $6,214
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $6,278
    FirstBank 1 6.75% $7,184
    EVERETT FINANCIAL, INC. 1 7.25% $7,881

    The top Bowling Green USDA lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 22 USDA loans originated. Their average total fees are $7,840, which is $4,826 higher than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

    The lowest fee Bowling Green USDA lenders (with over 10 loans originated) are ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($7,840), .

    The lowest rate Bowling Green USDA lenders (with over 10 loans originated) are ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.31%), .