Hagerstown USDA Loan Rates, Closing Costs & Stats

HAGERSTOWN-MARTINSBURG, MD-WV

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    • 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.

    Hagerstown's 43 lenders originated 166 USDA loans during 2024. The total origination value was $42,950,000, with an average USDA loan value of $258,735.

    Hagerstown USDA Loans, 30 Year Fixed Rates

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

    Hagerstown's average USDA mortgage closing costs are $6,277.

    The average rate for the prior week (2025-06-13) was 6.7% and one month ago for the week of 2025-05-16, the average rate was 6.76%.

    The average rate one year ago was 6.68%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.17%.

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

    Hagerstown 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 Hagerstown level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Integrity Home Mortgage Corp 34 6.30% $9,178
    HOMESPIRE MORTGAGE CORPORATION 25 6.08% $8,451
    NVR Mortgage Finance, Inc. 12 6.20% $9,323
    Sierra Pacific Mortgage Company, Inc. 9 6.57% $8,732
    T2 FINANCIAL LLC 7 6.27% $7,972
    PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.34% $10,038
    UNITED WHOLESALE MORTGAGE, LLC 6 6.16% $7,804
    UNION HOME MORTGAGE CORP. 6 6.15% $10,101
    GUILD MORTGAGE COMPANY 5 6.22% $9,169
    EMBRACE HOME LOANS, INC. 3 6.38% $6,268
    FIRST HOME MORTGAGE CORPORATION 3 6.42% $8,681
    TIDEWATER MORTGAGE SERVICES, INC. 3 6.33% $6,942
    C & F Mortgage Corporation 3 6.79% $7,704
    Atlantic Union Bank 2 5.57% $6,883
    BROKER SOLUTIONS, INC. 2 6.31% $9,834
    Meridian Bank Corporation 2 5.81% $6,665
    Paramount Residential Mortgage Group, Inc. 2 6.19% $9,559
    MICHIGAN MUTUAL, INC. 2 5.69% $9,367
    Atlantic Coast Mortgage, LLC 2 6.06% $9,629
    Shore United Bank 2 5.88% $12,468
    Sandy Spring Bank 1 5.75% $6,736
    TOTAL MORTGAGE SERVICES, LLC 1 7.00% $6,611
    United Bank 1 6.13% $6,161
    NEWREZ LLC 1 5.25% $10,072
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.50% $9,415
    Capital Bank 1 5.50% $18,943
    Century Mortgage Company DBA Century Lending Company 1 6.25% $6,630
    CROSSCOUNTRY MORTGAGE, LLC 1 6.63% $7,826
    DHI MORTGAGE COMPANY, LTD. 1 4.99% $7,230
    DIRECT MORTGAGE LOANS, LLC 1 6.63% $8,980
    EAGLE HOME MORTGAGE, LLC 1 5.13% $4,544
    Farmers and Merchants Trust Company of Chambersburg 1 6.13% $5,545
    First Heritage Mortgage, LLC 1 6.25% $5,911
    Flagstar Bank, FSB 1 6.00% $9,692
    GSF Mortgage Corporation 1 6.13% $9,409
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.88% $11,434
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 1 6.13% $6,987
    Mortgage Research Center, LLC 1 5.25% $9,577
    MOVEMENT MORTGAGE, LLC 1 5.63% $13,369
    NFM, INC. 1 5.63% $8,992
    PLANET HOME LENDING, LLC 1 5.50% $9,150
    Presidential Bank, FSB 1 6.13% $6,713
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.88% $9,203

    The top Hagerstown USDA lender as defined by loan originations is Integrity Home Mortgage Corp, with 34 USDA loans originated. Their average total fees are $9,178, which is $727 higher than the next largest lender, HOMESPIRE MORTGAGE CORPORATION.

    The lowest fee Hagerstown USDA lenders (with over 10 loans originated) are HOMESPIRE MORTGAGE CORPORATION ($8,451), Integrity Home Mortgage Corp ($9,178), NVR Mortgage Finance, Inc. ($9,323), .

    The lowest rate Hagerstown USDA lenders (with over 10 loans originated) are HOMESPIRE MORTGAGE CORPORATION (6.08%), NVR Mortgage Finance, Inc. (6.20%), Integrity Home Mortgage Corp (6.30%), .