Johnson City USDA Loan Rates, Closing Costs & Stats

JOHNSON CITY, TN

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.

Johnson City's 17 lenders originated 38 USDA loans during 2024. The total origination value was $8,850,000, with an average USDA loan value of $232,895.

Johnson City USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Johnson City averaged 0.38% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Johnson City's average USDA mortgage closing costs are $5,236.

The average rate for the prior week (2025-06-13) was 6.58% and one month ago for the week of 2025-05-16, the average rate was 6.95%.

The average rate one year ago was 6.77%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.04%.

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

Johnson City 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 Johnson City level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
MOVEMENT MORTGAGE, LLC 12 6.75% $6,826
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.54% $2,412
HOMESIDE FINANCIAL, LLC 3 6.33% $11,324
UNITED WHOLESALE MORTGAGE, LLC 2 6.25% $7,719
Century Mortgage Company DBA Century Lending Company 2 6.88% $6,567
LEADERONE FINANCIAL CORPORATION 2 6.12% $8,993
SECURITYNATIONAL MORTGAGE COMPANY 2 6.63% $8,156
AMERICAN FINANCIAL RESOURCES, INC. 2 6.50% $8,706
CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $6,782
Sierra Pacific Mortgage Company, Inc. 1 6.75% $7,153
MORTGAGE INVESTORS GROUP, INC. 1 6.38% $7,517
Bank of Tennessee 1 6.49% $6,685
Paramount Residential Mortgage Group, Inc. 1 6.50% $4,334
UNION HOME MORTGAGE CORP. 1 6.50% $12,936
DHI MORTGAGE COMPANY, LTD. 1 5.50% $4,597
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $6,789
GVC MORTGAGE, INC. 1 5.63% $13,343

The top Johnson City USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 12 USDA loans originated. Their average total fees are $6,826, which is $4,414 higher than the next largest lender, ARK-LA-TEX FINANCIAL SERVICES, LLC..

The lowest fee Johnson City USDA lenders (with over 10 loans originated) are MOVEMENT MORTGAGE, LLC ($6,826), .

The lowest rate Johnson City USDA lenders (with over 10 loans originated) are MOVEMENT MORTGAGE, LLC (6.75%), .