Oklahoma City USDA Loan Rates, Closing Costs & Stats

OKLAHOMA CITY, OK

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.

Oklahoma City's 48 lenders originated 182 USDA loans during 2024. The total origination value was $35,640,000, with an average USDA loan value of $195,824.

Oklahoma City USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Oklahoma City averaged 6.37% for the week of 2025-04-11, compared to the national average (all USDA variants) of 6.449% for the same period.

Oklahoma City's average USDA mortgage closing costs are $4,891.

The average rate for the prior week (2025-04-04) was 6.33% and one month ago for the week of 2025-03-07, the average rate was 6.5%.

The average rate one year ago was 6.65%.

For refis of the same type during the week of 2025-04-11, the average rate was 6.46%.

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

Oklahoma 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 Oklahoma City level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
GUILD MORTGAGE COMPANY 11 6.59% $6,165
Great Plains National Bank 10 6.29% $7,088
GARDNER FINANCIAL SERVICES, LTD. 7 6.59% $6,275
ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 6.71% $5,771
ASSOCIATED MORTGAGE CORPORATION 6 6.44% $6,982
UNITED WHOLESALE MORTGAGE, LLC 5 6.03% $7,464
Century Mortgage Company DBA Century Lending Company 5 6.22% $7,075
Equity Prime Mortgage LLC 4 6.59% $7,562
Stride Bank 4 6.16% $5,548
BancFirst 4 6.84% $5,525
THE MORTGAGE LINK, INC. 4 6.78% $12,771
NEWREZ LLC 4 6.72% $6,243
First United Bank and Trust Company 4 6.78% $5,243
F & M Bank 3 6.21% $4,564
Gateway First Bank 3 6.92% $6,414
TOWNE MORTGAGE COMPANY 3 5.71% $6,349
Arvest Bank 3 6.88% $6,727
SOUTHWEST FUNDING, LP 3 6.63% $5,842
OPEN MORTGAGE, LLC 3 6.04% $7,321
CORNERSTONE HOME LENDING, INC. 3 6.33% $8,829
Mortgage Investment Services Corporation 3 6.29% $3,386
GUARANTEED RATE, INC. 3 6.75% $6,537
V.I.P. MORTGAGE, INC. 2 5.93% $8,174
American Mortgage Bank, LLC 2 6.69% $5,328
Flagstar Bank, FSB 2 6.69% $5,385
PLAZA HOME MORTGAGE, INC. 2 6.69% $7,099
The Central Trust Bank 2 6.88% $6,164
MID AMERICA MORTGAGE, INC. 1 6.38% $5,096
Midwest Mortgage Associates Corporation 1 6.49% $6,030
MLD MORTGAGE INC. 1 6.63% $5,815
CWM PARTNERS, L.P. 1 5.25% $6,865
Mortgage Research Center, LLC 1 6.99% $2,930
MOVEMENT MORTGAGE, LLC 1 6.75% $8,236
CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $8,169
CMG MORTGAGE, INC. 1 6.00% $9,382
Paramount Residential Mortgage Group, Inc. 1 6.50% $4,409
AMERICAN FINANCIAL RESOURCES, INC. 1 5.88% $7,320
SECURITYNATIONAL MORTGAGE COMPANY 1 6.63% $7,540
Servion, Inc. 1 6.13% $5,156
Simmons Bank 1 5.75% $9,690
Chickasaw Community Bank 1 6.63% $5,564
CANOPY MORTGAGE, LLC 1 5.63% $8,561
SUN WEST MORTGAGE COMPANY, INC. 1 5.75% $6,955
AMERICAN FINANCIAL NETWORK, INC. 1 5.75% $9,993
BROKER SOLUTIONS, INC. 1 7.75% $8,399
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $6,970
FIRST COLONY MORTGAGE CORPORATION 1 6.13% $6,731
DAS Acquisition Company, LLC 1 6.50% $6,252

The top Oklahoma City USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 11 USDA loans originated. Their average total fees are $6,165, which is $923 lower than the next largest lender, Great Plains National Bank.

The lowest fee Oklahoma City USDA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($6,165), Great Plains National Bank ($7,088), .

The lowest rate Oklahoma City USDA lenders (with over 10 loans originated) are Great Plains National Bank (6.29%), GUILD MORTGAGE COMPANY (6.59%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Oklahoma City (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 $224,700 (3.7%) $289,335 (4.4%) 0.83 5,886
2018-02-01 $224,500 (3.0%) $292,617 (5.1%) 0.82 5,735
2018-03-01 $233,261 (5.7%) $301,233 (6.5%) 0.82 5,640
2018-04-01 $237,500 (5.6%) $306,794 (6.2%) 0.81 5,738
2018-05-01 $238,088 (3.5%) $309,311 (3.4%) 0.80 5,799
2018-06-01 $235,000 (2.2%) $310,405 (3.7%) 0.78 6,076
2018-07-01 $236,246 (4.3%) $312,590 (5.3%) 0.79 6,275
2018-08-01 $233,450 (3.8%) $307,863 (4.4%) 0.78 6,343
2018-09-01 $233,950 (4.0%) $309,106 (5.2%) 0.79 6,130
2018-10-01 $233,925 (4.3%) $312,430 (6.7%) 0.79 6,040
2018-11-01 $236,000 (6.0%) $316,098 (8.6%) 0.80 6,007
2018-12-01 $234,900 (4.5%) $317,982 (9.4%) 0.81 5,658
2019-01-01 $234,345 (4.3%) $314,432 (8.7%) 0.81 5,168
2019-02-01 $235,980 (5.1%) $312,325 (6.7%) 0.80 5,064
2019-03-01 $244,360 (4.8%) $324,007 (7.6%) 0.80 4,914
2019-04-01 $252,920 (6.5%) $334,213 (8.9%) 0.80 4,867
2019-05-01 $258,700 (8.7%) $339,194 (9.7%) 0.81 4,852
2019-06-01 $256,000 (8.9%) $339,596 (9.4%) 0.80 4,903
2019-07-01 $255,382 (8.1%) $339,841 (8.7%) 0.80 5,122
2019-08-01 $252,064 (8.0%) $339,080 (10.1%) 0.80 5,105
2019-09-01 $252,309 (7.9%) $338,175 (9.4%) 0.81 5,029
2019-10-01 $252,473 (7.9%) $337,271 (8.0%) 0.81 4,978
2019-11-01 $250,000 (5.9%) $338,227 (7.0%) 0.82 4,868
2019-12-01 $250,000 (6.4%) $339,937 (6.9%) 0.83 4,521
2020-01-01 $250,451 (6.9%) $337,974 (7.5%) 0.84 4,256
2020-02-01 $255,000 (8.1%) $340,145 (8.9%) 0.83 4,101
2020-03-01 $262,985 (7.6%) $344,998 (6.5%) 0.82 4,069
2020-04-01 $263,375 (4.1%) $344,479 (3.1%) 0.83 4,250
2020-05-01 $268,350 (3.7%) $354,072 (4.4%) 0.82 4,068
2020-06-01 $290,000 (13.3%) $387,497 (14.1%) 0.85 3,663
2020-07-01 $283,372 (11.0%) $387,005 (13.9%) 0.82 3,525
2020-08-01 $269,900 (7.1%) $375,010 (10.6%) 0.77 3,315
2020-09-01 $279,990 (11.0%) $393,694 (16.4%) 0.80 3,070
2020-10-01 $280,000 (10.9%) $399,288 (18.4%) 0.80 2,968
2020-11-01 $274,585 (9.8%) $394,230 (16.6%) 0.80 2,868
2020-12-01 $267,473 (7.0%) $390,170 (14.8%) 0.80 2,599
2021-01-01 $264,900 (5.8%) $382,521 (13.2%) 0.79 2,132
2021-02-01 $289,300 (13.5%) $416,046 (22.3%) 0.84 1,776
2021-03-01 $287,500 (9.3%) $419,820 (21.7%) 0.82 1,614
2021-04-01 $295,750 (12.3%) $435,229 (26.3%) 0.80 1,416
2021-05-01 $287,900 (7.3%) $425,745 (20.2%) 0.76 1,473
2021-06-01 $284,930 (-1.8%) $427,296 (10.3%) 0.75 1,734
2021-07-01 $285,000 (0.6%) $413,908 (7.0%) 0.75 2,098
2021-08-01 $279,751 (3.7%) $396,437 (5.7%) 0.75 2,388
2021-09-01 $275,642 (-1.6%) $390,030 (-0.9%) 0.74 2,420
2021-10-01 $274,993 (-1.8%) $399,764 (0.1%) 0.73 2,314
2021-11-01 $289,552 (5.5%) $420,330 (6.6%) 0.77 2,213
2021-12-01 $290,000 (8.4%) $410,647 (5.3%) 0.79 1,990
2022-01-01 $309,700 (16.9%) $426,093 (11.4%) 0.84 1,649
2022-02-01 $329,170 (13.8%) $443,992 (6.7%) 0.86 1,385
2022-03-01 $339,428 (18.1%) $458,034 (9.1%) 0.85 1,299
2022-04-01 $314,490 (6.3%) $435,022 (-0.1%) 0.75 1,436
2022-05-01 $325,766 (13.2%) $434,288 (2.0%) 0.74 1,840
2022-06-01 $321,945 (13.0%) $425,984 (-0.3%) 0.72 2,382
2022-07-01 $315,495 (10.7%) $409,295 (-1.1%) 0.71 3,088
2022-08-01 $318,995 (14.0%) $399,132 (0.7%) 0.74 3,342
2022-09-01 $321,875 (16.8%) $401,225 (2.9%) 0.75 3,260
2022-10-01 $320,000 (16.4%) $404,928 (1.3%) 0.75 3,545
2022-11-01 $325,000 (12.2%) $408,904 (-2.7%) 0.78 3,661
2022-12-01 $324,990 (12.1%) $404,336 (-1.5%) 0.80 3,493
2023-01-01 $338,933 (9.4%) $415,016 (-2.6%) 0.84 3,297
2023-02-01 $349,180 (6.1%) $421,867 (-5.0%) 0.84 3,059
2023-03-01 $350,032 (3.1%) $427,202 (-6.7%) 0.83 2,973
2023-04-01 $353,571 (12.4%) $428,733 (-1.5%) 0.82 2,921
2023-05-01 $353,813 (8.6%) $431,288 (-0.7%) 0.80 3,032
2023-06-01 $350,000 (8.7%) $433,997 (1.9%) 0.79 3,080
2023-07-01 $347,250 (10.1%) $431,389 (5.4%) 0.79 3,432
2023-08-01 $339,900 (6.6%) $420,539 (5.4%) 0.78 3,610
2023-09-01 $329,990 (2.5%) $416,763 (3.9%) 0.77 3,747
2023-10-01 $334,940 (4.7%) $413,726 (2.2%) 0.79 3,951
2023-11-01 $329,478 (1.4%) $408,879 (0.0%) 0.78 4,078
2023-12-01 $320,450 (-1.4%) $403,501 (-0.2%) 0.78 4,017
2024-01-01 $319,950 (-5.6%) $400,035 (-3.6%) 0.78 3,833
2024-02-01 $323,475 (-7.4%) $404,513 (-4.1%) 0.78 3,662
2024-03-01 $321,827 (-8.1%) $414,817 (-2.9%) 0.76 3,650
2024-04-01 $329,900 (-6.7%) $425,996 (-0.6%) 0.77 3,908
2024-05-01 $332,475 (-6.0%) $435,351 (0.9%) 0.76 4,037
2024-06-01 $327,362 (-6.5%) $429,870 (-1.0%) 0.74 4,267
2024-07-01 $324,450 (-6.6%) $429,631 (-0.4%) 0.74 4,648
2024-08-01 $315,000 (-7.3%) $420,008 (-0.1%) 0.73 4,922
2024-09-01 $314,950 (-4.6%) $415,230 (-0.4%) 0.74 5,150
2024-10-01 $314,812 (-6.0%) $412,518 (-0.3%) 0.74 5,413
2024-11-01 $309,995 (-5.9%) $411,555 (0.7%) 0.74 5,530
2024-12-01 $309,950 (-3.3%) $408,036 (1.1%) 0.77 5,154
2025-01-01 $312,368 (-2.4%) $412,656 (3.2%) 0.78 4,897
2025-02-01 $314,992 (-2.6%) $407,564 (0.8%) 0.76 4,914
2025-03-01 $317,950 (-1.2%) $411,632 (-0.8%) 0.00 4,899
Oklahoma City's median listing price for 2025-03-01 was $317,950, a difference of $-3,877 (-1.2%) versus the prior year and $2,958 versus the prior month.

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

Oklahoma City's average listing price for 2025-03-01 was $411,632, a difference of $-3,185 (-0.8%) versus the prior year and $4,068 versus the prior month.

For the 2025-03-01 period, Oklahoma City had 4,899 MLS listings, a difference of -15 listings (0%) versus the prior month and 1,249 listings (34%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Oklahoma City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 73 days 2,065 sqft
2018-02-01 67 days 2,059 sqft
2018-03-01 58 days 2,099 sqft
2018-04-01 50 days 2,132 sqft
2018-05-01 47 days 2,127 sqft
2018-06-01 48 days 2,117 sqft
2018-07-01 52 days 2,123 sqft
2018-08-01 57 days 2,106 sqft
2018-09-01 58 days 2,106 sqft
2018-10-01 60 days 2,100 sqft
2018-11-01 61 days 2,097 sqft
2018-12-01 72 days 2,076 sqft
2019-01-01 74 days 2,051 sqft
2019-02-01 66 days 2,052 sqft
2019-03-01 55 days 2,095 sqft
2019-04-01 44 days 2,142 sqft
2019-05-01 43 days 2,160 sqft
2019-06-01 44 days 2,150 sqft
2019-07-01 45 days 2,148 sqft
2019-08-01 47 days 2,137 sqft
2019-09-01 50 days 2,136 sqft
2019-10-01 52 days 2,132 sqft
2019-11-01 54 days 2,100 sqft
2019-12-01 62 days 2,094 sqft
2020-01-01 62 days 2,056 sqft
2020-02-01 49 days 2,066 sqft
2020-03-01 41 days 2,097 sqft
2020-04-01 44 days 2,100 sqft
2020-05-01 47 days 2,111 sqft
2020-06-01 44 days 2,239 sqft
2020-07-01 46 days 2,205 sqft
2020-08-01 50 days 2,118 sqft
2020-09-01 45 days 2,138 sqft
2020-10-01 43 days 2,142 sqft
2020-11-01 46 days 2,094 sqft
2020-12-01 51 days 2,033 sqft
2021-01-01 55 days 2,000 sqft
2021-02-01 44 days 2,079 sqft
2021-03-01 44 days 2,097 sqft
2021-04-01 40 days 2,110 sqft
2021-05-01 38 days 2,067 sqft
2021-06-01 35 days 2,007 sqft
2021-07-01 36 days 1,980 sqft
2021-08-01 35 days 1,949 sqft
2021-09-01 41 days 1,891 sqft
2021-10-01 43 days 1,873 sqft
2021-11-01 41 days 1,946 sqft
2021-12-01 47 days 1,917 sqft
2022-01-01 52 days 1,982 sqft
2022-02-01 43 days 1,999 sqft
2022-03-01 35 days 2,008 sqft
2022-04-01 33 days 1,935 sqft
2022-05-01 29 days 1,932 sqft
2022-06-01 31 days 1,916 sqft
2022-07-01 37 days 1,910 sqft
2022-08-01 40 days 1,918 sqft
2022-09-01 48 days 1,951 sqft
2022-10-01 47 days 1,970 sqft
2022-11-01 49 days 1,985 sqft
2022-12-01 60 days 1,989 sqft
2023-01-01 64 days 2,024 sqft
2023-02-01 53 days 2,029 sqft
2023-03-01 51 days 2,042 sqft
2023-04-01 46 days 2,045 sqft
2023-05-01 43 days 2,066 sqft
2023-06-01 45 days 2,062 sqft
2023-07-01 43 days 2,030 sqft
2023-08-01 43 days 2,014 sqft
2023-09-01 46 days 2,000 sqft
2023-10-01 46 days 2,000 sqft
2023-11-01 50 days 1,988 sqft
2023-12-01 58 days 1,950 sqft
2024-01-01 59 days 1,931 sqft
2024-02-01 55 days 1,949 sqft
2024-03-01 45 days 1,926 sqft
2024-04-01 41 days 1,954 sqft
2024-05-01 42 days 1,966 sqft
2024-06-01 49 days 1,945 sqft
2024-07-01 45 days 1,939 sqft
2024-08-01 44 days 1,914 sqft
2024-09-01 45 days 1,894 sqft
2024-10-01 48 days 1,888 sqft
2024-11-01 57 days 1,875 sqft
2024-12-01 58 days 1,875 sqft
2025-01-01 61 days 1,875 sqft
2025-02-01 52 days 1,872 sqft
2025-03-01 0 days 1,887 sqft
Oklahoma City's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Oklahoma City's median square footage for active listings during the 2025-03-01 period was 1,887 sqft. One year prior, the average listing was 1,926 sqft.