Dothan USDA Loan Rates, Closing Costs & Stats

DOTHAN, AL

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.

Dothan's 26 lenders originated 66 USDA loans during 2024. The total origination value was $11,380,000, with an average USDA loan value of $172,424.

Dothan USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Dothan averaged 6.52% for the week of 2025-07-11, compared to the national average (all USDA variants) of 6.449% for the same period.

Dothan's average USDA mortgage closing costs are $4,391.

The average rate for the prior week (2025-07-04) was 6.73% and one month ago for the week of 2025-06-06, the average rate was 6.63%.

The average rate one year ago was 6.81%.

For refis of the same type during the week of 2025-07-11, the average rate was 6.05%.

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

Dothan 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 Dothan level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
INTERLINC MORTGAGE SERVICES, LLC 9 6.68% $3,512
CROSSCOUNTRY MORTGAGE, LLC 5 6.68% $6,745
Synovus Bank 5 6.20% $5,483
Renasant Bank 4 6.19% $4,598
Mortgage Research Center, LLC 4 6.09% $2,227
ENVOY MORTGAGE, LTD 4 6.63% $6,341
TOWNE MORTGAGE COMPANY 3 5.58% $6,860
Tyndall Federal Credit Union 3 6.21% $4,742
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.75% $5,720
UNITED WHOLESALE MORTGAGE, LLC 3 5.91% $8,292
NEWREZ LLC 2 5.75% $4,887
CMG MORTGAGE, INC. 2 7.25% $6,476
AMERICAN FINANCIAL RESOURCES, INC. 2 7.19% $4,832
SOUTHWEST FUNDING, LP 2 7.12% $5,940
STOCKTON MORTGAGE CORPORATION 2 6.75% $7,865
UNION HOME MORTGAGE CORP. 2 6.56% $5,318
FIRST COLONY MORTGAGE CORPORATION 1 6.63% $5,811
Sierra Pacific Mortgage Company, Inc. 1 6.25% $6,066
SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.75% $8,637
Assurance Financial Group, L.L.C. 1 6.49% $5,910
Ameris Bank 1 5.50% $11,875
Centennial Bank 1 6.50% $4,860
MOVEMENT MORTGAGE, LLC 1 7.75% $9,378
BROKER SOLUTIONS, INC. 1 5.75% $10,132
PLANET HOME LENDING, LLC 1 6.25% $6,952
Regions Bank 1 6.13% $16,171

The top Dothan USDA lender as defined by loan originations is INTERLINC MORTGAGE SERVICES, LLC, with 9 USDA loans originated. Their average total fees are $3,512, which is $3,234 lower than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

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

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