Lawrenceburg USDA Loan Rates, Closing Costs & Stats

Lawrenceburg, 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.

Lawrenceburg's 14 lenders originated 26 USDA loans during 2024. The total origination value was $5,740,000, with an average USDA loan value of $220,769.

Lawrenceburg USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Lawrenceburg averaged 0.3% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Lawrenceburg's average USDA mortgage closing costs are $5,246.

The average rate for the prior week (2025-06-13) was 6.6% and one month ago for the week of 2025-05-16, the average rate was 6.76%.

The average rate one year ago was 6.58%.

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.

Lawrenceburg 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 Lawrenceburg level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.50% $9,144
FIRST COMMUNITY MORTGAGE, INC. 2 6.56% $5,478
KELLEY MORTGAGE, LLC 2 6.13% $2,125
Paramount Residential Mortgage Group, Inc. 1 6.13% $5,670
Renasant Bank 1 5.50% $6,421
Sandy Spring Bank 1 6.63% $6,681
SeaTrust Mortgage Company 1 6.50% $6,631
STOCKTON MORTGAGE CORPORATION 1 6.25% $8,183
TENNESSEE TRUST MORTGAGE, INC 1 6.25% $5,879
United Community Bank 1 6.50% $5,909
CROSSCOUNTRY MORTGAGE, LLC 1 5.88% $7,308
UNITED WHOLESALE MORTGAGE, LLC 1 6.17% $6,988
DELMAR FINANCIAL COMPANY 1 5.88% $8,951
MORTGAGE INVESTORS GROUP, INC. 1 6.62% $5,972

The top Lawrenceburg USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 9 USDA loans originated. Their average total fees are $9,144, which is $3,667 higher than the next largest lender, FIRST COMMUNITY MORTGAGE, INC..

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

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