Kansas City USDA Loan Rates, Closing Costs & Stats
KANSAS CITY, MO-KS
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.
Kansas City's 67 lenders originated 226 USDA loans during 2024. The total origination value was $46,290,000, with an average USDA loan value of $204,823.
Kansas City USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Kansas City
averaged
0.08%
for the week of 2025-06-20, compared to the national average (all USDA variants) of
0% for the same period.
Kansas City's average USDA mortgage closing costs are $4,457.
The average rate for the prior week (2025-06-13) was
6.88% and
one month ago for the week of 2025-05-16, the
average rate was 6.84%.
The average rate one year ago was 6.66%.
For refis of the same type during the week of 2025-06-20, the average rate
was -0.35%.
Kansas 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 Kansas City level.
The top Kansas City USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
38 USDA loans originated. Their average total fees are
$5,309, which is $458
lower than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
The lowest fee Kansas City USDA lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. ($5,309), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,767), COMMUNITY MORTGAGE, LLC ($5,975), GUILD MORTGAGE COMPANY ($6,108) and UNION HOME MORTGAGE CORP. ($6,257).
The lowest rate Kansas City USDA lenders (with over 10 loans originated) are
COMMUNITY MORTGAGE, LLC (6.03%), GUILD MORTGAGE COMPANY (6.33%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.46%), FLAT BRANCH MORTGAGE, INC. (6.59%) and UNION HOME MORTGAGE CORP. (6.65%).