Flint USDA Loan Rates, Closing Costs & Stats

FLINT, MI

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.

Flint's 25 lenders originated 69 USDA loans during 2024. The total origination value was $13,825,000, with an average USDA loan value of $200,362.

Flint USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Flint averaged 0.49% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

Flint's average USDA mortgage closing costs are $5,301.

The average rate for the prior week (2025-06-27) was 6.63% and one month ago for the week of 2025-05-30, the average rate was 6.72%.

The average rate one year ago was 7.21%.

For refis of the same type during the week of 2025-07-04, the average rate was 0.08%.

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

Flint 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 Flint level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
J. VIRGIL, INC. 21 6.76% $6,493
BLG HOLDINGS, INC. 8 6.73% $7,399
Preston Home Loans Inc 7 6.86% $7,839
UNITED WHOLESALE MORTGAGE, LLC 5 6.05% $7,502
DAS Acquisition Company, LLC 3 7.08% $6,889
TOWNE MORTGAGE COMPANY 3 6.13% $4,915
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.13% $4,845
GUARANTEED RATE, INC. 1 6.25% $5,125
MICHIGAN FIRST CREDIT UNION 1 5.63% $6,517
MICHIGAN MUTUAL, INC. 1 6.63% $9,683
MORTGAGE 1 INCORPORATED 1 6.63% $7,825
NEWREZ LLC 1 6.75% $7,880
PFCU 1 6.88% $4,904
PLAZA HOME MORTGAGE, INC. 1 6.13% $5,261
ROSS MORTGAGE CORPORATION 1 6.25% $7,112
The Dart Bank 1 6.25% $5,651
The Huntington National Bank 1 6.00% $6,253
TOP FLITE FINANCIAL, INC. 1 6.63% $8,290
UNION HOME MORTGAGE CORP. 1 6.13% $7,350
University Bank 1 5.63% $7,477
Century Mortgage Company DBA Century Lending Company 1 6.50% $5,521
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.00% $6,871
EMM LOANS LLC 1 6.13% $7,983
First Merchants Bank 1 6.63% $6,317
Flagstar Bank, FSB 1 6.72% $5,650

The top Flint USDA lender as defined by loan originations is J. VIRGIL, INC., with 21 USDA loans originated. Their average total fees are $6,493, which is $905 lower than the next largest lender, BLG HOLDINGS, INC..

The lowest fee Flint USDA lenders (with over 10 loans originated) are J. VIRGIL, INC. ($6,493), .

The lowest rate Flint USDA lenders (with over 10 loans originated) are J. VIRGIL, INC. (6.76%), .