Ocala USDA Loan Rates, Closing Costs & Stats

OCALA, FL

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.

Ocala's 34 lenders originated 89 USDA loans during 2024. The total origination value was $21,525,000, with an average USDA loan value of $241,854.

Ocala USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Ocala averaged -0.05% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Ocala's average USDA mortgage closing costs are $6,297.

The average rate for the prior week (2025-06-13) was 6.55% and one month ago for the week of 2025-05-16, the average rate was 6.62%.

The average rate one year ago was 6.64%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.34%.

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

Ocala 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 Ocala level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
AMERICAN BANCSHARES MORTGAGE 19 6.39% $9,931
UNITED WHOLESALE MORTGAGE, LLC 7 5.75% $10,158
UNION HOME MORTGAGE CORP. 7 6.34% $11,097
SUCCESS MORTGAGE PARTNERS, INC. 6 6.67% $9,054
AMERICAN FINANCIAL NETWORK, INC. 5 6.43% $9,226
PLAZA HOME MORTGAGE, INC. 3 6.50% $7,985
DHI MORTGAGE COMPANY, LTD. 3 5.50% $6,956
Equity Prime Mortgage LLC 3 6.83% $6,677
METROPLEX MORTGAGE SERVICES, INC. 3 6.58% $8,889
MORTGAGE FINANCIAL GROUP, INC. 3 6.42% $8,057
FBC MORTGAGE, LLC 2 7.00% $8,572
EVERETT FINANCIAL, INC. 2 6.81% $9,480
GUILD MORTGAGE COMPANY 1 6.13% $9,489
HOMESPIRE MORTGAGE CORPORATION 1 7.13% $7,895
Ixonia Bank 1 7.63% $6,175
MORTGAGE INVESTORS GROUP, INC. 1 5.50% $12,894
Mortgage Lenders Investment Trading Corporation 1 6.75% $7,168
NEWREZ LLC 1 6.75% $13,291
NJ LENDERS CORP. 1 5.88% $11,693
Paramount Residential Mortgage Group, Inc. 1 6.63% $4,887
Plains Commerce Bank 1 6.25% $13,499
Regions Bank 1 7.25% $6,785
The Huntington National Bank 1 6.00% $10,456
THE MORTGAGE FIRM, INC. 1 6.25% $7,886
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.88% $9,768
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.38% $8,074
Ameris Bank 1 6.75% $6,820
BAYSHORE MORTGAGE FUNDING, LLC 1 6.49% $7,348
CANOPY MORTGAGE, LLC 1 5.38% $15,603
Century Mortgage Company DBA Century Lending Company 1 6.13% $0
CHURCHILL MORTGAGE CORPORATION 1 6.62% $8,741
CMG MORTGAGE, INC. 1 4.75% $7,743
CROSSCOUNTRY MORTGAGE, LLC 1 7.00% $8,209
Encompass Lending Group, LP 1 6.25% $10,895

The top Ocala USDA lender as defined by loan originations is AMERICAN BANCSHARES MORTGAGE, with 19 USDA loans originated. Their average total fees are $9,931, which is $227 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Ocala USDA lenders (with over 10 loans originated) are AMERICAN BANCSHARES MORTGAGE ($9,931), .

The lowest rate Ocala USDA lenders (with over 10 loans originated) are AMERICAN BANCSHARES MORTGAGE (6.39%), .