Columbia USDA Loan Rates, Closing Costs & Stats

COLUMBIA, MO

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.

Columbia's 15 lenders originated 40 USDA loans during 2024. The total origination value was $8,510,000, with an average USDA loan value of $212,750.

Columbia USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Columbia averaged 0.38% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Columbia's average USDA mortgage closing costs are $4,123.

The average rate for the prior week (2025-06-13) was 6.78% and one month ago for the week of 2025-05-16, the average rate was 6.64%.

The average rate one year ago was 6.76%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.13%.

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

Columbia 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 Columbia level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
FLAT BRANCH MORTGAGE, INC. 11 6.56% $5,355
DAS Acquisition Company, LLC 4 6.97% $6,209
GERSHMAN INVESTMENT CORP. 3 6.50% $4,570
Midwest Mortgage Associates Corporation 3 6.46% $2,398
The Central Trust Bank 3 5.87% $5,416
GUILD MORTGAGE COMPANY 2 6.25% $5,414
Mortgage Research Center, LLC 2 6.69% $2,871
GUARANTEED RATE, INC. 2 6.50% $6,190
Mid-Continent Funding, Inc. 2 6.31% $6,824
U.S. Bank 1 6.25% $4,183
Community Mortgage Banc Corporation 1 6.88% $4,588
Community National Bank & Trust 1 6.75% $7,206
GENEVA FINANCIAL, LLC 1 7.00% $4,470
ON Q FINANCIAL, INC. 1 6.25% $5,110
BROKER SOLUTIONS, INC. 1 5.25% $6,879

The top Columbia USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 11 USDA loans originated. Their average total fees are $5,355, which is $855 lower than the next largest lender, DAS Acquisition Company, LLC.

The lowest fee Columbia USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($5,355), .

The lowest rate Columbia USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. (6.56%), .