St. Louis USDA Loan Rates, Closing Costs & Stats

ST. LOUIS, MO-IL

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 6.83% for the week of 2025-06-27, compared to the national average (all USDA variants) of 6.457% for the same period.

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

The average rate for the prior week (2025-06-20) was 6.85% and one month ago for the week of 2025-05-23, the average rate was 6.81%.

The average rate one year ago was 7.22%.

For refis of the same type during the week of 2025-06-27, the average rate was 6.65%.

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%).