St. Louis USDA Loan Rates, Closing Costs & Stats

ST. LOUIS, MO-IL

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    • 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.

    St. Louis's 60 lenders originated 330 USDA loans during 2024. The total origination value was $59,940,000, with an average USDA loan value of $181,636.

    St. Louis USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in St. Louis averaged 6.85% for the week of 2025-07-18, compared to the national average (all USDA variants) of 6.472% for the same period.

    St. Louis's average USDA mortgage closing costs are $4,644.

    The average rate for the prior week (2025-07-11) was 6.72% and one month ago for the week of 2025-06-13, the average rate was 6.97%.

    The average rate one year ago was 6.82%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.66%.

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

    St. Louis 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 St. Louis level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 66 6.50% $6,190
    FLAT BRANCH MORTGAGE, INC. 35 6.53% $4,943
    DAS Acquisition Company, LLC 25 6.72% $6,227
    BROKER SOLUTIONS, INC. 17 6.72% $6,330
    FCB Banks 13 5.87% $4,138
    DELMAR FINANCIAL COMPANY 9 6.75% $5,390
    The Central Trust Bank 9 6.37% $5,894
    NEWREZ LLC 8 6.89% $5,267
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.91% $4,758
    GUARANTEED RATE, INC. 7 6.76% $5,512
    Equity Prime Mortgage LLC 7 6.32% $7,166
    First State Bank of St. Charles, Missouri 7 5.88% $6,752
    Carrollton Bank 6 6.06% $3,575
    First State Community Bank 5 6.08% $4,721
    GERSHMAN INVESTMENT CORP. 5 6.65% $5,328
    UNITED WHOLESALE MORTGAGE, LLC 5 6.00% $6,840
    United Community Bank 5 6.33% $3,396
    CITY FIRST MORTGAGE SERVICES, L.L.C. 4 6.38% $10,253
    PLAZA HOME MORTGAGE, INC. 4 6.75% $7,325
    First Mid Bank & Trust 3 5.92% $3,325
    Cornerstone First Mortgage, Inc 3 6.17% $5,087
    ENDEAVOR CAPITAL, LLC. 3 5.92% $5,638
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 3 6.88% $4,029
    Flagstar Bank, FSB 3 6.67% $7,617
    LEADERONE FINANCIAL CORPORATION 3 6.87% $4,550
    Sullivan Bank 3 6.42% $5,464
    FAMILY FINANCE MORTGAGE, LLC 2 7.12% $6,808
    GENEVA FINANCIAL, LLC 2 6.69% $6,358
    Heartland Bank and Trust Company 2 6.75% $4,762
    Midland States Bank 2 6.31% $4,493
    Midwest BankCentre 2 5.69% $4,737
    MOVEMENT MORTGAGE, LLC 2 7.25% $4,790
    Busey Bank 2 5.94% $3,681
    NP, Inc. 2 6.06% $5,538
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $7,825
    SUN WEST MORTGAGE COMPANY, INC. 2 6.13% $10,290
    United Bank of Union 2 7.13% $3,815
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.75% $6,404
    U S WIDE FINANCIAL LLC 1 6.50% $7,400
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 5.88% $7,068
    Mortgage Research Center, LLC 1 6.63% $1,786
    Bankers' Bank 1 6.63% $3,550
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $5,838
    THOMPSON KANE & COMPANY, LLC 1 6.63% $6,430
    TOP FLITE FINANCIAL, INC. 1 7.13% $5,776
    Paramount Bank 1 6.63% $4,781
    Paramount Residential Mortgage Group, Inc. 1 7.13% $6,582
    Petefish, Skiles & Co. 1 6.50% $3,643
    Bell Bank 1 6.50% $6,628
    EVERETT FINANCIAL, INC. 1 6.63% $6,159
    FIRST HERITAGE FINANCIAL, LLC 1 6.88% $5,122
    Community Mortgage Banc Corporation 1 6.50% $3,377
    CNB Bank And Trust, N.A. 1 7.63% $3,601
    CHURCHILL MORTGAGE CORPORATION 1 6.13% $6,217
    Stifel Bank and Trust 1 6.50% $4,187
    HNB National Bank 1 6.50% $4,754
    INB 1 6.88% $3,461
    Ixonia Bank 1 5.63% $10,877
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.88% $10,707
    MID AMERICA MORTGAGE, INC. 1 6.63% $4,560

    The top St. Louis USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 66 USDA loans originated. Their average total fees are $6,190, which is $1,247 higher than the next largest lender, FLAT BRANCH MORTGAGE, INC..

    The lowest fee St. Louis USDA lenders (with over 10 loans originated) are FCB Banks ($4,138), FLAT BRANCH MORTGAGE, INC. ($4,943), GUILD MORTGAGE COMPANY ($6,190), DAS Acquisition Company, LLC ($6,227) and BROKER SOLUTIONS, INC. ($6,330).

    The lowest rate St. Louis USDA lenders (with over 10 loans originated) are FCB Banks (5.87%), GUILD MORTGAGE COMPANY (6.50%), FLAT BRANCH MORTGAGE, INC. (6.53%), DAS Acquisition Company, LLC (6.72%) and BROKER SOLUTIONS, INC. (6.72%).