Columbia USDA Loan Rates, Closing Costs & Stats

COLUMBIA, SC

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 35 lenders originated 105 USDA loans during 2024. The total origination value was $24,485,000, with an average USDA loan value of $233,190.

Columbia USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Columbia averaged -0.19% 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 $5,405.

The average rate for the prior week (2025-06-13) was 6.51% and one month ago for the week of 2025-05-16, the average rate was 6.67%.

The average rate one year ago was 6.79%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.15%.

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
GUILD MORTGAGE COMPANY 15 6.58% $7,721
EAGLE HOME MORTGAGE, LLC 11 6.22% $10,312
First Palmetto Bank 8 6.09% $6,711
VANDERBILT MORTGAGE AND FINANCE, INC. 6 5.73% $7,861
UNITED WHOLESALE MORTGAGE, LLC 5 6.18% $10,743
CROSSCOUNTRY MORTGAGE, LLC 5 6.70% $6,849
Ameris Bank 4 5.84% $7,361
GUARANTEED RATE AFFINITY, LLC 4 6.97% $7,245
FBC MORTGAGE, LLC 3 5.04% $6,485
NEWREZ LLC 3 6.50% $7,933
Paramount Residential Mortgage Group, Inc. 3 6.29% $8,433
SOUTHPOINT FINANCIAL SERVICES, INC. 3 6.42% $2,798
First Heritage Mortgage, LLC 2 6.31% $8,351
TOWNE MORTGAGE COMPANY 2 6.69% $5,496
Flagstar Bank, FSB 2 7.00% $6,480
First-Citizens Bank & Trust Company 2 6.25% $7,977
RESOURCE FINANCIAL SERVICES, INC. 2 6.43% $7,136
NFM, INC. 2 6.81% $8,469
HOMESIDE FINANCIAL, LLC 2 6.50% $6,723
CALCON MUTUAL MORTGAGE LLC 2 6.31% $6,654
MOVEMENT MORTGAGE, LLC 2 7.25% $6,543
MID AMERICA MORTGAGE, INC. 2 6.63% $4,278
Victorian Finance, LLC 1 6.13% $6,283
Assurance Financial Group, L.L.C. 1 6.62% $6,633
BROKER SOLUTIONS, INC. 1 7.63% $6,303
DELMAR FINANCIAL COMPANY 1 6.63% $7,075
DHI MORTGAGE COMPANY, LTD. 1 4.88% $4,797
FIRST COMMUNITY MORTGAGE, INC. 1 6.25% $9,391
GUARANTEED RATE, INC. 1 6.18% $6,166
INTERLINC MORTGAGE SERVICES, LLC 1 5.88% $9,840
LEADERONE FINANCIAL CORPORATION 1 7.13% $4,465
LOANDEPOT.COM, LLC 1 5.63% $5,596
SOUTHWEST FUNDING, LP 1 6.13% $7,747
UNION HOME MORTGAGE CORP. 1 6.13% $6,624
1ST SIGNATURE LENDING, LLC 1 6.50% $12,049

The top Columbia USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 15 USDA loans originated. Their average total fees are $7,721, which is $2,591 lower than the next largest lender, EAGLE HOME MORTGAGE, LLC.

The lowest fee Columbia USDA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($7,721), EAGLE HOME MORTGAGE, LLC ($10,312), .

The lowest rate Columbia USDA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (6.22%), GUILD MORTGAGE COMPANY (6.58%), .