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%.

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

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%), .