Danville USDA Loan Rates, Closing Costs & Stats

Danville, 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.

Danville's 13 lenders originated 30 USDA loans during 2024. The total origination value was $5,300,000, with an average USDA loan value of $176,667.

Danville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Danville averaged 0.03% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Danville's average USDA mortgage closing costs are $4,618.

The average rate for the prior week (2025-06-13) was 6.53% and one month ago for the week of 2025-05-16, the average rate was 6.49%.

The average rate one year ago was 6.72%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.09%.

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

Danville 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 Danville level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
GoPrime Mortgage, Inc. 6 7.08% $6,600
T2 FINANCIAL LLC 4 5.66% $7,183
GENEVA FINANCIAL, LLC 3 6.54% $7,516
Renasant Bank 3 6.00% $4,585
Republic State Mortgage Co. 3 6.63% $6,524
MID AMERICA MORTGAGE, INC. 2 6.81% $5,386
STOCKTON MORTGAGE CORPORATION 2 6.88% $6,860
BROKER SOLUTIONS, INC. 2 6.94% $10,064
UNION HOME MORTGAGE CORP. 1 6.50% $8,034
AXIA FINANCIAL, LLC 1 6.25% $8,852
COMPASS MORTGAGE, INC. 1 6.38% $6,515
DAS Acquisition Company, LLC 1 7.00% $7,877
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.99% $8,283

The top Danville USDA lender as defined by loan originations is GoPrime Mortgage, Inc., with 6 USDA loans originated. Their average total fees are $6,600, which is $582 lower than the next largest lender, T2 FINANCIAL LLC.

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

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