Tampa USDA Loan Rates, Closing Costs & Stats
TAMPA-ST. PETERSBURG-CLEARWATER, FL
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.
Tampa's 17 lenders originated 38 USDA loans during 2024. The total origination value was $10,290,000, with an average USDA loan value of $270,789.
Tampa USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Tampa
averaged
0.08%
for the week of 2025-06-20, compared to the national average (all USDA variants) of
0% for the same period.
Tampa's average USDA mortgage closing costs are $6,558.
The average rate for the prior week (2025-06-13) was
6.48% and
one month ago for the week of 2025-05-16, the
average rate was 6.24%.
The average rate one year ago was 6.66%.
For refis of the same type during the week of 2025-06-20, the average rate
was 0.02%.
Tampa 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 Tampa level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | 8 | 5.92% | $7,591 |
| NEWREZ LLC | 3 | 6.08% | $11,310 |
| DHI MORTGAGE COMPANY, LTD. | 2 | 5.56% | $7,215 |
| NVR Mortgage Finance, Inc. | 2 | 5.63% | $9,274 |
| Keystone Funding, Inc. | 2 | 6.25% | $10,633 |
| EVERETT FINANCIAL, INC. | 1 | 7.00% | $7,742 |
| GUILD MORTGAGE COMPANY | 1 | 6.63% | $9,228 |
| CARDINAL FINANCIAL | 1 | 7.75% | $7,081 |
| Hometown Equity Mortgage, LLC | 1 | 6.50% | $10,832 |
| JMAC LENDING, INC. | 1 | 6.00% | $9,154 |
| MOVEMENT MORTGAGE, LLC | 1 | 6.25% | $6,362 |
| Synovus Bank | 1 | 5.75% | $7,582 |
| HOMESIDE FINANCIAL, LLC | 1 | 6.75% | $8,674 |
| Century Mortgage Company DBA Century Lending Company | 1 | 6.00% | $8,103 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 6.13% | $9,248 |
| EAGLE HOME MORTGAGE, LLC | 1 | 4.38% | $9,213 |
| Equity Prime Mortgage LLC | 1 | 5.25% | $12,653 |
The top Tampa USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
8 USDA loans originated. Their average total fees are
$7,591, which is $3,720
lower than the next largest lender,
NEWREZ LLC.
The lowest fee Tampa USDA lenders (with over 10 loans originated) are
.
The lowest rate Tampa USDA lenders (with over 10 loans originated) are
.