Tulsa USDA Loan Rates, Closing Costs & Stats

TULSA, OK

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%).