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 -0.07% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

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

The average rate for the prior week (2025-06-13) was 6.53% and one month ago for the week of 2025-05-16, the average rate was 6.49%.

The average rate one year ago was 6.81%.

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.

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%), .