Clarksville USDA Loan Rates, Closing Costs & Stats

CLARKSVILLE, TN-KY

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.

Clarksville's 21 lenders originated 41 USDA loans during 2024. The total origination value was $8,755,000, with an average USDA loan value of $213,537.

Clarksville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Clarksville averaged -0.32% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Clarksville's average USDA mortgage closing costs are $4,871.

The average rate for the prior week (2025-06-13) was 6.28% and one month ago for the week of 2025-05-16, the average rate was 6.14%.

The average rate one year ago was 6.66%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.56%.

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

Clarksville 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 Clarksville level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
STOCKTON MORTGAGE CORPORATION 11 6.52% $5,623
Mortgage Research Center, LLC 3 6.04% $3,039
Flagstar Bank, FSB 2 6.75% $8,309
GERSHMAN INVESTMENT CORP. 2 6.56% $5,336
GUARANTEED RATE, INC. 2 6.37% $6,370
UNITED WHOLESALE MORTGAGE, LLC 2 5.87% $14,403
BROKER SOLUTIONS, INC. 2 6.75% $6,340
Legends Bank 2 6.25% $7,050
COMMUNITY MORTGAGE CORPORATION 2 6.38% $10,212
Nations Lending Corporation 2 7.00% $3,409
Barrington Bank & Trust Company, N.A. 1 6.63% $8,237
VAN DYK MORTGAGE CORPORATION 1 6.50% $2,871
CMG MORTGAGE, INC. 1 6.75% $11,650
Equity Prime Mortgage LLC 1 6.00% $20,669
FIRST COMMUNITY MORTGAGE, INC. 1 6.25% $7,098
LEADERONE FINANCIAL CORPORATION 1 6.62% $6,836
Legacy Home Loans, LLC 1 6.75% $9,431
Renasant Bank 1 6.13% $6,339
SOUTHWEST FUNDING, LP 1 7.75% $10,333
T2 FINANCIAL LLC 1 6.49% $8,574
U.S. Bank 1 6.50% $12,209

The top Clarksville USDA lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with 11 USDA loans originated. Their average total fees are $5,623, which is $2,584 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Clarksville USDA lenders (with over 10 loans originated) are STOCKTON MORTGAGE CORPORATION ($5,623), .

The lowest rate Clarksville USDA lenders (with over 10 loans originated) are STOCKTON MORTGAGE CORPORATION (6.52%), .