Russellville USDA Loan Rates, Closing Costs & Stats
Russellville, AR
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.
Russellville's 21 lenders originated 58 USDA loans during 2024. The total origination value was $10,020,000, with an average USDA loan value of $172,759.
Russellville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Russellville
averaged
-0.06%
for the week of 2025-07-04, compared to the national average (all USDA variants) of
0% for the same period.
Russellville's average USDA mortgage closing costs are $3,840.
The average rate for the prior week (2025-06-27) was
6.67% and
one month ago for the week of 2025-05-30, the
average rate was 6.76%.
The average rate one year ago was 6.85%.
For refis of the same type during the week of 2025-07-04, the average rate
was -0.33%.
Russellville 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 Russellville level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| GMFS LLC | 10 | 6.25% | $4,271 |
| Arvest Bank | 7 | 6.38% | $5,171 |
| Centennial Bank | 6 | 6.48% | $5,288 |
| First Security Bank | 5 | 6.10% | $3,754 |
| UNION HOME MORTGAGE CORP. | 3 | 6.67% | $6,160 |
| Chambers Bank | 3 | 6.33% | $4,868 |
| Regions Bank | 3 | 6.58% | $4,597 |
| SECURITYNATIONAL MORTGAGE COMPANY | 3 | 6.46% | $5,024 |
| STOCKTON MORTGAGE CORPORATION | 3 | 6.46% | $5,380 |
| AMERICAN FINANCIAL RESOURCES, INC. | 3 | 6.21% | $6,506 |
| FIRST COMMUNITY MORTGAGE, INC. | 2 | 6.31% | $4,353 |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | 1 | 6.25% | $8,450 |
| INTERLINC MORTGAGE SERVICES, LLC | 1 | 7.25% | $3,419 |
| MID AMERICA MORTGAGE, INC. | 1 | 6.88% | $4,692 |
| Mortgage Research Center, LLC | 1 | 7.25% | $2,223 |
| PLANET HOME LENDING, LLC | 1 | 6.13% | $4,458 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 7.25% | $6,306 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.63% | $4,314 |
| FLAT BRANCH MORTGAGE, INC. | 1 | 6.75% | $5,224 |
| Eagle Bank and Trust Company | 1 | 5.63% | $8,321 |
| GERSHMAN INVESTMENT CORP. | 1 | 6.00% | $3,544 |
The top Russellville USDA lender as defined by loan originations is GMFS LLC, with
10 USDA loans originated. Their average total fees are
$4,271, which is $900
lower than the next largest lender,
Arvest Bank.
The lowest fee Russellville USDA lenders (with over 10 loans originated) are
GMFS LLC ($4,271), .
The lowest rate Russellville USDA lenders (with over 10 loans originated) are
GMFS LLC (6.25%), .