Hermiston USDA Loan Rates, Closing Costs & Stats

Hermiston-Pendleton, OR

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.

Hermiston's 11 lenders originated 38 USDA loans during 2024. The total origination value was $10,350,000, with an average USDA loan value of $272,368.

Hermiston USDA Loans, 30 Year Fixed Rates

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

Hermiston's average USDA mortgage closing costs are $6,474.

The average rate for the prior week (2025-06-13) was 6.63% and one month ago for the week of 2025-05-16, the average rate was 6.69%.

The average rate one year ago was 6.71%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.18%.

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

Hermiston 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 Hermiston level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
GUILD MORTGAGE COMPANY 14 6.12% $9,596
AMERICAN PACIFIC MORTGAGE CORPORATION 11 6.42% $9,320
BAYSHORE MORTGAGE FUNDING, LLC 3 6.38% $9,801
Century Mortgage Company DBA Century Lending Company 2 6.00% $9,423
CMG MORTGAGE, INC. 2 6.19% $6,717
1st Security Bank of Washington 1 5.75% $10,162
Umpqua Bank 1 6.00% $12,622
CALCON MUTUAL MORTGAGE LLC 1 4.50% $9,889
LPMC, LLC 1 5.99% $14,360
PLANET HOME LENDING, LLC 1 5.50% $18,846
Sierra Pacific Mortgage Company, Inc. 1 5.50% $7,396

The top Hermiston USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 14 USDA loans originated. Their average total fees are $9,596, which is $276 higher than the next largest lender, AMERICAN PACIFIC MORTGAGE CORPORATION.

The lowest fee Hermiston USDA lenders (with over 10 loans originated) are AMERICAN PACIFIC MORTGAGE CORPORATION ($9,320), GUILD MORTGAGE COMPANY ($9,596), .

The lowest rate Hermiston USDA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (6.12%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.42%), .