Mexico USDA Loan Rates, Closing Costs & Stats

Mexico, MO

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Mexico's 11 lenders originated 33 USDA loans during 2024. The total origination value was $4,625,000, with an average USDA loan value of $140,152.

    Mexico USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Mexico averaged 6.56% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    Mexico's average USDA mortgage closing costs are $3,774.

    The average rate for the prior week (2025-03-28) was 6.72% and one month ago for the week of 2025-02-28, the average rate was 6.87%.

    The average rate one year ago was 6.73%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.32%.

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

    Mexico 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 Mexico level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FLAT BRANCH MORTGAGE, INC. 19 6.64% $4,368
    THOMPSON KANE & COMPANY, LLC 3 6.63% $4,698
    DAS Acquisition Company, LLC 2 7.63% $6,308
    Equity Prime Mortgage LLC 1 6.75% $4,272
    BROKER SOLUTIONS, INC. 1 5.88% $4,467
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.87% $3,906
    HNB National Bank 1 7.38% $2,743
    Paramount Residential Mortgage Group, Inc. 1 6.63% $3,355
    The Central Trust Bank 1 7.25% $4,370
    Community Mortgage Banc Corporation 1 6.00% $3,625
    Bell Bank 1 6.13% $4,588

    The top Mexico USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 19 USDA loans originated. Their average total fees are $4,368, which is $330 lower than the next largest lender, THOMPSON KANE & COMPANY, LLC.

    The lowest fee Mexico USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($4,368), .

    The lowest rate Mexico USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. (6.64%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Mexico (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $77,575 (-3.5%) $111,632 (-11.7%) 0.00 96
    2018-02-01 $75,125 (-8.3%) $106,215 (-8.9%) 0.00 92
    2018-03-01 $75,000 (-14.2%) $102,999 (-13.2%) 0.00 89
    2018-04-01 $82,550 (-5.1%) $111,358 (-9.0%) 0.00 81
    2018-05-01 $87,250 (9.2%) $114,626 (-3.5%) 0.00 91
    2018-06-01 $89,250 (8.5%) $112,048 (-8.1%) 0.00 96
    2018-07-01 $94,875 (19.4%) $113,847 (-6.7%) 0.00 97
    2018-08-01 $94,700 (13.2%) $126,792 (4.2%) 0.00 94
    2018-09-01 $92,750 (23.7%) $130,130 (9.1%) 0.00 93
    2018-10-01 $97,075 (31.7%) $133,985 (16.5%) 0.00 97
    2018-11-01 $89,600 (28.2%) $129,378 (14.8%) 0.00 105
    2018-12-01 $89,900 (28.6%) $126,790 (19.0%) 0.00 114
    2019-01-01 $81,250 (4.7%) $115,940 (3.9%) 0.00 112
    2019-02-01 $91,125 (21.3%) $123,749 (16.5%) 0.00 121
    2019-03-01 $101,100 (34.8%) $141,937 (37.8%) 0.00 108
    2019-04-01 $119,325 (44.6%) $159,151 (42.9%) 0.00 89
    2019-05-01 $132,975 (52.4%) $168,515 (47.0%) 0.00 89
    2019-06-01 $134,900 (51.2%) $170,668 (52.3%) 0.00 94
    2019-07-01 $123,550 (30.2%) $165,284 (45.2%) 0.00 95
    2019-08-01 $121,291 (28.1%) $159,595 (25.9%) 0.00 101
    2019-09-01 $112,127 (20.9%) $150,772 (15.9%) 0.00 101
    2019-10-01 $110,968 (14.3%) $144,779 (8.1%) 0.00 100
    2019-11-01 $105,000 (17.2%) $137,893 (6.6%) 0.00 110
    2019-12-01 $97,700 (8.7%) $132,005 (4.1%) 0.00 102
    2020-01-01 $89,400 (10.0%) $130,546 (12.6%) 0.00 92
    2020-02-01 $87,250 (-4.3%) $131,952 (6.6%) 0.00 81
    2020-03-01 $86,450 (-14.5%) $131,954 (-7.0%) 0.00 73
    2020-04-01 $77,900 (-34.7%) $135,829 (-14.7%) 0.00 64
    2020-05-01 $85,000 (-36.1%) $141,010 (-16.3%) 0.00 62
    2020-06-01 $102,050 (-24.4%) $149,510 (-12.4%) 0.00 57
    2020-07-01 $107,250 (-13.2%) $152,677 (-7.6%) 0.00 63
    2020-08-01 $125,000 (3.1%) $163,403 (2.4%) 0.00 61
    2020-09-01 $118,225 (5.4%) $167,060 (10.8%) 0.00 55
    2020-10-01 $110,000 (-0.9%) $157,405 (8.7%) 0.00 57
    2020-11-01 $135,850 (29.4%) $173,468 (25.8%) 0.00 56
    2020-12-01 $112,475 (15.1%) $153,952 (16.6%) 0.00 57
    2021-01-01 $119,900 (34.1%) $162,616 (24.6%) 0.00 42
    2021-02-01 $119,900 (37.4%) $184,666 (40.0%) 0.00 30
    2021-03-01 $128,675 (48.8%) $205,244 (55.5%) 0.00 22
    2021-04-01 $120,700 (54.9%) $165,873 (22.1%) 0.00 24
    2021-05-01 $119,900 (41.1%) $167,464 (18.8%) 0.00 29
    2021-06-01 $116,250 (13.9%) $167,420 (12.0%) 0.00 34
    2021-07-01 $95,250 (-11.2%) $145,907 (-4.4%) 0.00 42
    2021-08-01 $90,000 (-28.0%) $149,356 (-8.6%) 0.00 42
    2021-09-01 $108,000 (-8.7%) $159,420 (-4.6%) 0.00 42
    2021-10-01 $105,000 (-4.6%) $159,562 (1.4%) 0.00 47
    2021-11-01 $116,250 (-14.4%) $163,760 (-5.6%) 0.00 49
    2021-12-01 $89,600 (-20.3%) $149,955 (-2.6%) 0.00 40
    2022-01-01 $110,000 (-8.3%) $153,328 (-5.7%) 0.00 28
    2022-02-01 $127,700 (6.5%) $154,582 (-16.3%) 0.00 25
    2022-03-01 $123,675 (-3.9%) $161,782 (-21.2%) 0.00 24
    2022-04-01 $137,000 (13.5%) $186,650 (12.5%) 0.00 28
    2022-05-01 $147,450 (23.0%) $181,144 (8.2%) 0.00 33
    2022-06-01 $138,700 (19.3%) $176,805 (5.6%) 0.00 37
    2022-07-01 $150,000 (57.5%) $172,927 (18.5%) 0.00 48
    2022-08-01 $139,900 (55.4%) $154,049 (3.1%) 0.00 53
    2022-09-01 $139,900 (29.5%) $291,048 (82.6%) 0.00 51
    2022-10-01 $151,500 (44.3%) $171,020 (7.2%) 0.00 57
    2022-11-01 $150,000 (29.0%) $178,736 (9.2%) 0.00 54
    2022-12-01 $152,450 (70.2%) $176,441 (17.7%) 0.00 50
    2023-01-01 $129,700 (17.9%) $162,972 (6.3%) 0.00 49
    2023-02-01 $133,675 (4.7%) $145,933 (-5.6%) 0.00 48
    2023-03-01 $139,200 (12.6%) $163,847 (1.3%) 0.00 34
    2023-04-01 $173,700 (26.8%) $200,463 (7.4%) 0.00 32
    2023-05-01 $155,450 (5.4%) $180,624 (-0.3%) 0.00 30
    2023-06-01 $138,725 (0.0%) $175,018 (-1.0%) 0.00 33
    2023-07-01 $169,900 (13.3%) $200,459 (15.9%) 0.00 32
    2023-08-01 $173,050 (23.7%) $211,747 (37.5%) 0.00 40
    2023-09-01 $142,948 (2.2%) $213,242 (-26.7%) 0.00 34
    2023-10-01 $159,900 (5.5%) $223,314 (30.6%) 0.00 34
    2023-11-01 $161,775 (7.9%) $236,082 (32.1%) 0.00 34
    2023-12-01 $109,900 (-27.9%) $180,262 (2.2%) 0.00 56
    2024-01-01 $118,075 (-9.0%) $188,112 (15.4%) 0.00 56
    2024-02-01 $107,400 (-19.7%) $208,190 (42.7%) 0.00 75
    2024-03-01 $117,498 (-15.6%) $240,316 (46.7%) 0.00 73
    2024-04-01 $122,449 (-29.5%) $247,641 (23.5%) 0.00 67
    2024-05-01 $124,900 (-19.7%) $215,359 (19.2%) 0.00 64
    2024-06-01 $119,250 (-14.0%) $188,482 (7.7%) 0.00 63
    2024-07-01 $138,000 (-18.8%) $185,881 (-7.3%) 0.00 70
    2024-08-01 $144,000 (-16.8%) $191,765 (-9.4%) 0.00 59
    2024-09-01 $148,724 (4.0%) $197,948 (-7.2%) 0.00 55
    2024-10-01 $137,225 (-14.2%) $194,365 (-13.0%) 0.00 52
    2024-11-01 $150,000 (-7.3%) $196,407 (-16.8%) 0.00 53
    2024-12-01 $166,375 (51.4%) $193,438 (7.3%) 0.00 51
    2025-01-01 $157,875 (33.7%) $180,611 (-4.0%) 0.00 49
    2025-02-01 $136,125 (26.8%) $166,226 (-20.2%) 0.00 47
    2025-03-01 $159,000 (35.3%) $175,833 (-26.8%) 0.00 48
    Mexico's median listing price for 2025-03-01 was $159,000, a difference of $41,502 (35.3%) versus the prior year and $22,875 versus the prior month.

    Mexico's median listing price comes in at 0% of the national average.

    Mexico's average listing price for 2025-03-01 was $175,833, a difference of $-64,483 (-26.8%) versus the prior year and $9,607 versus the prior month.

    For the 2025-03-01 period, Mexico had 48 MLS listings, a difference of 1 listings (2%) versus the prior month and -25 listings (-34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Mexico (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,412 sqft
    2018-02-01 0 days 1,443 sqft
    2018-03-01 0 days 1,525 sqft
    2018-04-01 0 days 1,528 sqft
    2018-05-01 0 days 1,466 sqft
    2018-06-01 0 days 1,416 sqft
    2018-07-01 0 days 1,412 sqft
    2018-08-01 0 days 1,431 sqft
    2018-09-01 0 days 1,415 sqft
    2018-10-01 0 days 1,470 sqft
    2018-11-01 0 days 1,482 sqft
    2018-12-01 0 days 1,460 sqft
    2019-01-01 0 days 1,367 sqft
    2019-02-01 0 days 1,405 sqft
    2019-03-01 0 days 1,457 sqft
    2019-04-01 0 days 1,593 sqft
    2019-05-01 0 days 1,665 sqft
    2019-06-01 0 days 1,638 sqft
    2019-07-01 0 days 1,552 sqft
    2019-08-01 0 days 1,559 sqft
    2019-09-01 0 days 1,554 sqft
    2019-10-01 0 days 1,550 sqft
    2019-11-01 0 days 1,484 sqft
    2019-12-01 0 days 1,561 sqft
    2020-01-01 0 days 1,560 sqft
    2020-02-01 0 days 1,484 sqft
    2020-03-01 0 days 1,432 sqft
    2020-04-01 0 days 1,397 sqft
    2020-05-01 0 days 1,604 sqft
    2020-06-01 0 days 1,707 sqft
    2020-07-01 0 days 1,718 sqft
    2020-08-01 0 days 1,800 sqft
    2020-09-01 0 days 1,704 sqft
    2020-10-01 0 days 1,648 sqft
    2020-11-01 0 days 1,591 sqft
    2020-12-01 0 days 1,593 sqft
    2021-01-01 0 days 1,599 sqft
    2021-02-01 0 days 1,441 sqft
    2021-03-01 0 days 1,454 sqft
    2021-04-01 0 days 1,525 sqft
    2021-05-01 0 days 1,355 sqft
    2021-06-01 0 days 1,313 sqft
    2021-07-01 0 days 1,344 sqft
    2021-08-01 0 days 1,554 sqft
    2021-09-01 0 days 1,601 sqft
    2021-10-01 0 days 1,526 sqft
    2021-11-01 0 days 1,368 sqft
    2021-12-01 0 days 1,422 sqft
    2022-01-01 0 days 1,307 sqft
    2022-02-01 0 days 1,212 sqft
    2022-03-01 0 days 1,294 sqft
    2022-04-01 0 days 1,456 sqft
    2022-05-01 0 days 1,565 sqft
    2022-06-01 0 days 1,409 sqft
    2022-07-01 0 days 1,429 sqft
    2022-08-01 0 days 1,399 sqft
    2022-09-01 0 days 1,406 sqft
    2022-10-01 0 days 1,470 sqft
    2022-11-01 0 days 1,459 sqft
    2022-12-01 0 days 1,456 sqft
    2023-01-01 0 days 1,432 sqft
    2023-02-01 0 days 1,375 sqft
    2023-03-01 0 days 1,426 sqft
    2023-04-01 0 days 1,512 sqft
    2023-05-01 0 days 1,462 sqft
    2023-06-01 0 days 1,416 sqft
    2023-07-01 0 days 1,434 sqft
    2023-08-01 0 days 1,494 sqft
    2023-09-01 0 days 1,421 sqft
    2023-10-01 0 days 1,299 sqft
    2023-11-01 0 days 1,337 sqft
    2023-12-01 0 days 1,444 sqft
    2024-01-01 0 days 1,388 sqft
    2024-02-01 0 days 1,218 sqft
    2024-03-01 0 days 1,319 sqft
    2024-04-01 0 days 1,387 sqft
    2024-05-01 0 days 1,565 sqft
    2024-06-01 0 days 1,600 sqft
    2024-07-01 0 days 1,576 sqft
    2024-08-01 0 days 1,565 sqft
    2024-09-01 0 days 1,581 sqft
    2024-10-01 0 days 1,525 sqft
    2024-11-01 0 days 1,606 sqft
    2024-12-01 0 days 1,411 sqft
    2025-01-01 0 days 1,380 sqft
    2025-02-01 0 days 1,343 sqft
    2025-03-01 0 days 1,364 sqft
    Mexico's median listing age (time on market) for 2025-03-01 was 0 days.

    Mexico's median square footage for active listings during the 2025-03-01 period was 1,364 sqft. One year prior, the average listing was 1,319 sqft.