Jackson USDA Loan Rates, Closing Costs & Stats

JACKSON, 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.

Jackson's 13 lenders originated 22 USDA loans during 2024. The total origination value was $3,910,000, with an average USDA loan value of $177,727.

Jackson USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Jackson averaged 0.05% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Jackson's average USDA mortgage closing costs are $5,033.

The average rate for the prior week (2025-06-13) was 6.75% and one month ago for the week of 2025-05-16, the average rate was 6.71%.

The average rate one year ago was 6.73%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.19%.

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

Jackson 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 Jackson level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
CROSSCOUNTRY MORTGAGE, LLC 4 6.44% $6,302
UNITED WHOLESALE MORTGAGE, LLC 4 6.50% $6,721
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 6.50% $6,136
Flagstar Bank, FSB 1 6.69% $5,481
GVC MORTGAGE, INC. 1 6.63% $5,397
MEMBER FIRST MORTGAGE, LLC 1 6.25% $5,995
Mortgage Research Center, LLC 1 6.25% $4,183
NEWREZ LLC 1 6.75% $7,691
Paramount Residential Mortgage Group, Inc. 1 6.75% $6,425
The Huntington National Bank 1 6.75% $6,069
TOWNE MORTGAGE COMPANY 1 6.49% $4,962
Fifth Third Bank 1 6.75% $3,829
Equity Prime Mortgage LLC 1 6.75% $8,526

The top Jackson USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 4 USDA loans originated. Their average total fees are $6,302, which is $419 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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