Shreveport USDA Loan Rates, Closing Costs & Stats

SHREVEPORT-BOSSIER CITY, 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.

Shreveport's 26 lenders originated 104 USDA loans during 2024. The total origination value was $19,450,000, with an average USDA loan value of $187,019.

Shreveport USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Shreveport averaged 0.31% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

Shreveport's average USDA mortgage closing costs are $5,507.

The average rate for the prior week (2025-06-13) was 6.51% and one month ago for the week of 2025-05-16, the average rate was 6.37%.

The average rate one year ago was 6.69%.

For refis of the same type during the week of 2025-06-20, the average rate was -0.26%.

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

Shreveport 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 Shreveport level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
PLANET HOME LENDING, LLC 12 6.59% $7,946
Equity Prime Mortgage LLC 10 6.38% $6,243
DSLD MORTGAGE, LLC 9 5.53% $3,712
EUSTIS AND AMERICAN MORTGAGE COMPANY 9 6.46% $8,093
GUILD MORTGAGE COMPANY 6 6.73% $5,529
UNITED WHOLESALE MORTGAGE, LLC 5 5.86% $9,987
FIDELITY BANK 5 6.41% $6,119
Assurance Financial Group, L.L.C. 4 6.91% $6,919
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.88% $6,336
S1L, Inc. 3 6.92% $5,005
Red River Bank 3 6.12% $5,684
GUARANTEED RATE, INC. 2 6.44% $6,540
TOWNE MORTGAGE COMPANY 2 6.44% $5,281
PIERREMONT MORTGAGE, INC. 2 5.94% $2,690
PLAZA HOME MORTGAGE, INC. 2 7.25% $5,748
FIRST COMMUNITY MORTGAGE, INC. 2 6.88% $6,769
MOVEMENT MORTGAGE, LLC 2 6.94% $7,227
GENEVA FINANCIAL, LLC 1 7.13% $5,299
CARDINAL FINANCIAL 1 6.25% $5,982
Home Federal Bank 1 7.25% $3,633
LOANDEPOT.COM, LLC 1 7.25% $6,386
NEWREZ LLC 1 6.25% $5,742
Carrington Mortgage Services, LLC 1 7.00% $8,171
SECURITYNATIONAL MORTGAGE COMPANY 1 6.49% $7,629
SUCCESS MORTGAGE PARTNERS, INC. 1 7.63% $7,878
UNION HOME MORTGAGE CORP. 1 6.50% $7,379

The top Shreveport USDA lender as defined by loan originations is PLANET HOME LENDING, LLC, with 12 USDA loans originated. Their average total fees are $7,946, which is $1,704 higher than the next largest lender, Equity Prime Mortgage LLC.

The lowest fee Shreveport USDA lenders (with over 10 loans originated) are Equity Prime Mortgage LLC ($6,243), PLANET HOME LENDING, LLC ($7,946), .

The lowest rate Shreveport USDA lenders (with over 10 loans originated) are Equity Prime Mortgage LLC (6.38%), PLANET HOME LENDING, LLC (6.59%), .