Tulsa USDA Loan Rates, Closing Costs & Stats

TULSA, OK

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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.

    Tulsa's 45 lenders originated 237 USDA loans during 2024. The total origination value was $45,705,000, with an average USDA loan value of $192,848.

    Tulsa USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Tulsa averaged 0.34% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

    Tulsa's average USDA mortgage closing costs are $5,485.

    The average rate for the prior week (2025-06-13) was 6.54% and one month ago for the week of 2025-05-16, the average rate was 6.51%.

    The average rate one year ago was 6.73%.

    For refis of the same type during the week of 2025-06-20, the average rate was 0.02%.

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

    Tulsa 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 Tulsa level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FLAT BRANCH MORTGAGE, INC. 28 6.65% $6,491
    First United Bank and Trust Company 12 6.26% $7,037
    ASSOCIATED MORTGAGE CORPORATION 10 6.28% $7,148
    UNITED WHOLESALE MORTGAGE, LLC 10 6.24% $10,148
    American Mortgage Bank, LLC 10 6.51% $6,520
    THE MORTGAGE LINK, INC. 9 6.54% $10,614
    BOKF 8 6.09% $9,790
    CORNERSTONE HOME LENDING, INC. 6 6.31% $8,472
    Waterstone Mortgage Corporation 5 6.13% $9,831
    NEWREZ LLC 5 6.68% $6,706
    INTERLINC MORTGAGE SERVICES, LLC 5 6.70% $3,945
    TTCU Federal Credit Union 4 6.38% $6,955
    Arvest Bank 4 6.34% $7,047
    OPEN MORTGAGE, LLC 4 6.31% $7,862
    The Central Trust Bank 4 6.09% $7,596
    American Bank of Oklahoma 4 5.97% $7,155
    US MORTGAGE CORPORATION 4 6.69% $6,800
    MORTGAGE SOLUTIONS OF COLORADO, LLC 3 6.83% $9,365
    V.I.P. MORTGAGE, INC. 3 6.46% $7,153
    American Mortgage & Equity Consultants, Inc. 3 6.96% $8,059
    GUILD MORTGAGE COMPANY 3 6.71% $4,328
    CROSSCOUNTRY MORTGAGE, LLC 3 7.21% $8,108
    Stride Bank 3 6.67% $6,963
    RCB Bank 3 6.25% $4,465
    DEVELOPER'S MORTGAGE COMPANY 2 7.00% $3,455
    BancFirst 2 6.69% $5,416
    BROKER SOLUTIONS, INC. 2 6.75% $8,917
    UNION HOME MORTGAGE CORP. 2 5.87% $10,071
    Firstar Bank 2 6.19% $5,823
    PLANET HOME LENDING, LLC 1 5.50% $10,240
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.25% $6,522
    MID AMERICA MORTGAGE, INC. 1 6.75% $5,000
    Regent Financial Group, Inc. 1 6.75% $5,740
    SOUTHWEST FUNDING, LP 1 6.38% $10,978
    Mabrey Bank 1 6.63% $5,860
    T2 FINANCIAL LLC 1 6.49% $7,824
    GUARANTEED RATE, INC. 1 6.25% $7,378
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $7,460
    TOWNE MORTGAGE COMPANY 1 6.75% $6,746
    Gateway First Bank 1 6.75% $3,928
    DHI MORTGAGE COMPANY, LTD. 1 4.99% $4,998
    Mortgage Investment Services Corporation 1 7.00% $2,262
    Century Mortgage Company DBA Century Lending Company 1 6.75% $7,010
    Equity Prime Mortgage LLC 1 7.25% $8,565
    Paramount Residential Mortgage Group, Inc. 1 5.63% $6,153

    The top Tulsa USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 28 USDA loans originated. Their average total fees are $6,491, which is $545 lower than the next largest lender, First United Bank and Trust Company.

    The lowest fee Tulsa USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($6,491), American Mortgage Bank, LLC ($6,520), First United Bank and Trust Company ($7,037), ASSOCIATED MORTGAGE CORPORATION ($7,148) and UNITED WHOLESALE MORTGAGE, LLC ($10,148).

    The lowest rate Tulsa USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.24%), First United Bank and Trust Company (6.26%), ASSOCIATED MORTGAGE CORPORATION (6.28%), American Mortgage Bank, LLC (6.51%) and FLAT BRANCH MORTGAGE, INC. (6.65%).