Opelousas USDA Loan Rates, Closing Costs & Stats

Opelousas, LA

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.

Opelousas's 23 lenders originated 55 USDA loans during 2024. The total origination value was $9,115,000, with an average USDA loan value of $165,727.

Opelousas USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Opelousas averaged -0.23% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Opelousas's average USDA mortgage closing costs are $5,170.

The average rate for the prior week (2025-06-13) was 6.67% and one month ago for the week of 2025-05-16, the average rate was 6.63%.

The average rate one year ago was 6.75%.

For refis of the same type during the week of 2025-06-20, the average rate was 0.17%.

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

Opelousas 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 Opelousas level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
DHI MORTGAGE COMPANY, LTD. 13 4.58% $5,292
EUSTIS AND AMERICAN MORTGAGE COMPANY 6 6.73% $5,588
UNION HOME MORTGAGE CORP. 4 6.31% $5,488
Assurance Financial Group, L.L.C. 4 6.88% $6,069
Summit Mortgage Corporation 3 6.25% $9,012
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.96% $6,079
MID AMERICA MORTGAGE, INC. 3 6.54% $3,209
AMERICAN FINANCIAL RESOURCES, INC. 2 6.69% $5,884
Equity Prime Mortgage LLC 2 7.44% $4,860
UNITED WHOLESALE MORTGAGE, LLC 2 5.93% $7,895
Hancock Whitney Bank 1 7.00% $3,616
GMFS LLC 1 7.13% $6,438
Mortgage Research Center, LLC 1 7.25% $2,002
NEWREZ LLC 1 6.25% $11,305
Plains Commerce Bank 1 5.75% $7,299
PLAZA HOME MORTGAGE, INC. 1 5.88% $5,471
Residential Acceptance Corporation 1 7.00% $12,668
SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.75% $3,534
STANDARD MORTGAGE CORPORATION 1 6.13% $6,154
FIRST COMMUNITY MORTGAGE, INC. 1 7.00% $4,123
CROSSCOUNTRY MORTGAGE, LLC 1 5.63% $12,107
VILLAGE CAPITAL MORTGAGE 1 6.38% $12,462
GUILD MORTGAGE COMPANY 1 6.63% $5,323

The top Opelousas USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 13 USDA loans originated. Their average total fees are $5,292, which is $296 lower than the next largest lender, EUSTIS AND AMERICAN MORTGAGE COMPANY.

The lowest fee Opelousas USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($5,292), .

The lowest rate Opelousas USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.58%), .