Jonesboro USDA Loan Rates, Closing Costs & Stats

JONESBORO, AR

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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.

    Jonesboro's 33 lenders originated 114 USDA loans during 2024. The total origination value was $17,760,000, with an average USDA loan value of $155,789.

    Jonesboro USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Jonesboro averaged 0.19% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

    Jonesboro's average USDA mortgage closing costs are $4,304.

    The average rate for the prior week (2025-06-13) was 6.39% and one month ago for the week of 2025-05-16, the average rate was 6.55%.

    The average rate one year ago was 6.57%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.06%.

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

    Jonesboro 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 Jonesboro level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    BROKER SOLUTIONS, INC. 15 6.68% $6,068
    DAS Acquisition Company, LLC 12 6.75% $6,034
    Nations Lending Corporation 8 6.56% $2,310
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 8 6.50% $7,637
    MORTGAGE INVESTORS GROUP, INC. 5 6.37% $5,036
    SENTE MORTGAGE, INC. 4 6.81% $6,081
    Centennial Bank 4 5.97% $6,350
    STOCKTON MORTGAGE CORPORATION 4 6.34% $5,030
    EVERETT FINANCIAL, INC. 3 6.71% $6,930
    Paramount Residential Mortgage Group, Inc. 3 6.71% $4,820
    Arvest Bank 3 6.79% $4,930
    Southern Bank 3 6.13% $4,119
    FIRST COMMUNITY MORTGAGE, INC. 3 6.08% $4,656
    First Financial Bank 3 6.38% $6,750
    UNITED WHOLESALE MORTGAGE, LLC 3 6.35% $7,024
    Cornerstone First Mortgage, Inc 3 6.71% $6,216
    AMERICAN FINANCIAL RESOURCES, INC. 2 7.19% $4,131
    Bank of England 2 6.31% $5,105
    Equity Prime Mortgage LLC 2 6.50% $4,506
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.25% $3,315
    First Community Bank 2 5.88% $5,706
    FLAT BRANCH MORTGAGE, INC. 2 6.31% $4,520
    Sierra Pacific Mortgage Company, Inc. 2 7.00% $6,320
    Simmons Bank 2 6.44% $3,590
    SUN WEST MORTGAGE COMPANY, INC. 2 6.63% $6,339
    GUILD MORTGAGE COMPANY 1 6.00% $12,116
    First Horizon Bank 1 6.50% $4,417
    T2 FINANCIAL LLC 1 6.63% $8,769
    GMFS LLC 1 6.25% $5,315
    GERSHMAN INVESTMENT CORP. 1 6.75% $4,482
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.75% $9,790
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.13% $6,394
    Regions Bank 1 6.63% $6,515

    The top Jonesboro USDA lender as defined by loan originations is BROKER SOLUTIONS, INC., with 15 USDA loans originated. Their average total fees are $6,068, which is $34 higher than the next largest lender, DAS Acquisition Company, LLC.

    The lowest fee Jonesboro USDA lenders (with over 10 loans originated) are DAS Acquisition Company, LLC ($6,034), BROKER SOLUTIONS, INC. ($6,068), .

    The lowest rate Jonesboro USDA lenders (with over 10 loans originated) are BROKER SOLUTIONS, INC. (6.68%), DAS Acquisition Company, LLC (6.75%), .