Durant USDA Loan Rates, Closing Costs & Stats

Durant, OK

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.

Durant's 9 lenders originated 28 USDA loans during 2024. The total origination value was $5,600,000, with an average USDA loan value of $200,000.

Durant USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Durant averaged 6.84% for the week of 2025-05-09, compared to the national average (all USDA variants) of 6.468% for the same period.

Durant's average USDA mortgage closing costs are $5,288.

The average rate for the prior week (2025-05-02) was 6.87% and one month ago for the week of 2025-04-04, the average rate was 6.58%.

The average rate one year ago was 7.24%.

For refis of the same type during the week of 2025-05-09, the average rate was 6.67%.

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

Durant 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 Durant level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
First United Bank and Trust Company 6 6.40% $6,732
GUILD MORTGAGE COMPANY 5 6.75% $7,634
Gateway First Bank 5 6.15% $6,593
Great Plains National Bank 1 6.50% $5,741
PNC Bank 1 7.13% $4,514
AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $5,614
Stride Bank 1 6.13% $6,384
Chickasaw Community Bank 1 7.13% $4,203
FLAT BRANCH MORTGAGE, INC. 1 6.50% $6,396

The top Durant USDA lender as defined by loan originations is First United Bank and Trust Company, with 6 USDA loans originated. Their average total fees are $6,732, which is $902 lower than the next largest lender, GUILD MORTGAGE COMPANY.

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

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