Washington USDA Loan Rates, Closing Costs & Stats

Washington-Arlington-Alexandria, DC-VA-MD-WV

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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.

    Washington's 63 lenders originated 207 USDA loans during 2023. The total origination value was $73,215,000, with an average USDA loan value of $353,696.

    Washington USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Washington averaged 6.3% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Washington's average USDA mortgage closing costs are $7,222.

    The average rate for the prior week (2025-02-07) was 6.26% and one month ago for the week of 2025-01-10, the average rate was 6.1%.

    The average rate one year ago was 6.1%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.67%.

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

    Washington 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 Washington level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Integrity Home Mortgage Corp 17 6.26% $10,909
    FIRST HOME MORTGAGE CORPORATION 16 6.05% $11,163
    Towne Bank 13 6.38% $8,333
    NVR Mortgage Finance, Inc. 11 5.84% $10,594
    BAY CAPITAL MORTGAGE CORPORATION 8 6.39% $9,549
    EMBRACE HOME LOANS, INC. 8 6.43% $8,611
    UNITED WHOLESALE MORTGAGE, LLC 8 6.14% $8,954
    Atlantic Coast Mortgage, LLC 6 6.00% $10,662
    MOVEMENT MORTGAGE, LLC 6 6.29% $10,182
    CROSSCOUNTRY MORTGAGE, LLC 6 6.32% $12,388
    Waterstone Mortgage Corporation 5 6.65% $10,632
    CBM Mortgage, Inc. 5 6.45% $9,639
    George Mason Mortgage, LLC 5 5.77% $10,333
    INTERLINC MORTGAGE SERVICES, LLC 4 5.91% $5,030
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.28% $12,571
    Alcova Mortgage LLC 3 6.62% $4,086
    Sierra Pacific Mortgage Company, Inc. 3 5.96% $9,590
    AMERICAN FINANCIAL NETWORK, INC. 3 6.46% $10,531
    DHI MORTGAGE COMPANY, LTD. 3 5.79% $7,075
    HOMESPIRE MORTGAGE CORPORATION 3 6.36% $8,314
    C & F Mortgage Corporation 3 6.33% $9,191
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.24% $9,406
    PLANET HOME LENDING, LLC 2 7.44% $11,520
    Paramount Residential Mortgage Group, Inc. 2 6.69% $12,081
    Flagstar Bank, FSB 2 6.80% $11,928
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.25% $13,141
    Shore United Bank 2 6.06% $9,340
    The Freedom Bank of Virginia 2 5.50% $10,020
    NFM, INC. 2 5.63% $9,437
    UNION HOME MORTGAGE CORP. 2 5.88% $7,945
    First Heritage Mortgage, LLC 2 5.56% $12,251
    Vellum Mortgage, Inc. 2 6.38% $8,676
    CMG MORTGAGE, INC. 2 5.56% $9,105
    Keystone Funding, Inc. 2 7.00% $12,312
    DRAPER AND KRAMER MORTGAGE CORP. 2 6.19% $13,674
    THRIVE MORTGAGE, LLC 1 6.88% $11,190
    American Mortgage & Equity Consultants, Inc. 1 5.49% $12,418
    Atlantic Union Bank 1 6.00% $6,250
    Blue Ridge Bank 1 5.63% $10,007
    CARDINAL FINANCIAL 1 5.99% $19,701
    Cedar Point Federal Credit Union 1 7.25% $5,788
    DAS Acquisition Company, LLC 1 6.63% $8,494
    Fulton Bank 1 6.13% $8,946
    GUARANTEED RATE AFFINITY, LLC 1 6.25% $9,714
    GUILD MORTGAGE COMPANY 1 5.50% $8,088
    HOMESIDE FINANCIAL, LLC 1 5.63% $9,071
    Hometown Equity Mortgage, LLC 1 6.50% $13,170
    Ixonia Bank 1 6.63% $8,155
    LEADERONE FINANCIAL CORPORATION 1 6.25% $13,954
    LIBERTY HOME MORTGAGE CORPORATION 1 6.25% $13,481
    MICHIGAN MUTUAL, INC. 1 5.63% $8,809
    MISSION MORTGAGE LLC 1 5.25% $10,206
    MLD MORTGAGE INC. 1 5.25% $13,380
    Nations Lending Corporation 1 6.75% $2,850
    NEWREZ LLC 1 7.25% $6,623
    NORWICH COMMERCIAL GROUP, INC. 1 5.75% $11,126
    PLAZA HOME MORTGAGE, INC. 1 5.75% $7,458
    Presidential Bank, FSB 1 6.00% $7,777
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.38% $8,749
    Summit Mortgage Corporation 1 6.50% $11,682
    T2 FINANCIAL LLC 1 6.50% $10,186
    Towne First Mortgage, LLC 1 6.88% $6,937
    UNIVERSAL MORTGAGE & FINANCE, INC. 1 6.00% $10,670

    The top Washington USDA lender as defined by loan originations is Integrity Home Mortgage Corp, with 17 USDA loans originated. Their average total fees are $10,909, which is $254 lower than the next largest lender, FIRST HOME MORTGAGE CORPORATION.

    The lowest fee Washington USDA lenders (with over 10 loans originated) are Towne Bank ($8,333), NVR Mortgage Finance, Inc. ($10,594), Integrity Home Mortgage Corp ($10,909), FIRST HOME MORTGAGE CORPORATION ($11,163) and .

    The lowest rate Washington USDA lenders (with over 10 loans originated) are NVR Mortgage Finance, Inc. (5.84%), FIRST HOME MORTGAGE CORPORATION (6.05%), Integrity Home Mortgage Corp (6.26%), Towne Bank (6.38%) and .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Washington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $435,225 (2.4%) $644,491 (1.2%) 1.59 11,827
    2018-02-01 $444,950 (1.7%) $658,431 (0.7%) 1.60 11,681
    2018-03-01 $469,900 (3.9%) $673,342 (0.6%) 1.63 13,052
    2018-04-01 $479,900 (2.1%) $684,476 (1.0%) 1.61 14,910
    2018-05-01 $479,450 (1.0%) $684,752 (1.4%) 1.59 16,169
    2018-06-01 $479,885 (1.1%) $682,093 (1.8%) 1.58 16,758
    2018-07-01 $467,978 (0.6%) $663,549 (0.7%) 1.55 17,168
    2018-08-01 $454,500 (1.0%) $643,979 (0.8%) 1.51 17,205
    2018-09-01 $450,000 (0.0%) $639,126 (-0.8%) 1.51 17,884
    2018-10-01 $450,000 (0.0%) $640,689 (-0.7%) 1.52 17,981
    2018-11-01 $449,450 (1.0%) $639,860 (-0.2%) 1.51 16,841
    2018-12-01 $439,000 (0.9%) $639,627 (0.0%) 1.50 13,743
    2019-01-01 $438,945 (0.9%) $645,751 (0.2%) 1.49 11,628
    2019-02-01 $449,900 (1.1%) $663,156 (0.7%) 1.51 11,337
    2019-03-01 $471,429 (0.3%) $678,933 (0.8%) 1.51 12,375
    2019-04-01 $486,495 (1.4%) $690,901 (0.9%) 1.52 13,613
    2019-05-01 $493,950 (3.0%) $697,353 (1.8%) 1.52 14,703
    2019-06-01 $490,200 (2.2%) $694,071 (1.8%) 1.52 15,316
    2019-07-01 $479,450 (2.5%) $678,869 (2.3%) 1.49 15,187
    2019-08-01 $479,245 (5.4%) $682,743 (6.0%) 1.50 14,971
    2019-09-01 $479,614 (6.6%) $691,206 (8.2%) 1.52 14,847
    2019-10-01 $479,859 (6.6%) $697,673 (8.9%) 1.53 14,702
    2019-11-01 $478,850 (6.5%) $706,293 (10.4%) 1.56 13,336
    2019-12-01 $474,950 (8.2%) $716,680 (12.1%) 1.57 10,549
    2020-01-01 $469,970 (7.1%) $725,482 (12.4%) 1.56 9,131
    2020-02-01 $489,900 (8.9%) $750,004 (13.1%) 1.57 8,914
    2020-03-01 $512,490 (8.7%) $772,672 (13.8%) 1.57 9,552
    2020-04-01 $502,447 (3.3%) $745,422 (7.9%) 1.57 10,190
    2020-05-01 $515,000 (4.3%) $765,916 (9.8%) 1.55 10,233
    2020-06-01 $532,500 (8.6%) $791,619 (14.1%) 1.55 9,639
    2020-07-01 $534,500 (11.5%) $803,118 (18.3%) 1.53 8,843
    2020-08-01 $529,000 (10.4%) $803,111 (17.6%) 1.50 8,579
    2020-09-01 $520,970 (8.6%) $795,796 (15.1%) 1.48 9,015
    2020-10-01 $502,500 (4.7%) $775,575 (11.2%) 1.43 9,420
    2020-11-01 $499,950 (4.4%) $789,457 (11.8%) 1.46 8,930
    2020-12-01 $499,450 (5.2%) $803,888 (12.2%) 1.48 7,418
    2021-01-01 $489,900 (4.2%) $824,384 (13.6%) 1.45 6,292
    2021-02-01 $492,500 (0.5%) $827,139 (10.3%) 1.42 5,748
    2021-03-01 $494,950 (-3.4%) $802,145 (3.8%) 1.40 6,377
    2021-04-01 $506,360 (0.8%) $800,084 (7.3%) 1.36 6,989
    2021-05-01 $519,900 (1.0%) $793,117 (3.6%) 1.37 7,762
    2021-06-01 $525,000 (-1.4%) $783,345 (-1.1%) 1.38 8,897
    2021-07-01 $515,000 (-3.7%) $754,978 (-6.0%) 1.35 9,966
    2021-08-01 $507,950 (-4.0%) $738,410 (-8.1%) 1.34 10,098
    2021-09-01 $512,450 (-1.6%) $738,626 (-7.2%) 1.35 10,584
    2021-10-01 $509,900 (1.5%) $741,017 (-4.5%) 1.35 10,241
    2021-11-01 $504,295 (0.9%) $750,270 (-5.0%) 1.34 8,471
    2021-12-01 $502,500 (0.6%) $769,037 (-4.3%) 1.35 6,438
    2022-01-01 $505,000 (3.1%) $810,995 (-1.6%) 1.35 5,029
    2022-02-01 $529,995 (7.6%) $833,837 (0.8%) 1.37 4,865
    2022-03-01 $547,448 (10.6%) $833,481 (3.9%) 1.36 5,337
    2022-04-01 $569,900 (12.6%) $827,130 (3.4%) 1.35 6,050
    2022-05-01 $589,450 (13.4%) $839,605 (5.9%) 1.34 7,728
    2022-06-01 $595,000 (13.3%) $824,696 (5.3%) 1.32 9,056
    2022-07-01 $585,000 (13.6%) $806,604 (6.8%) 1.31 10,252
    2022-08-01 $574,900 (13.2%) $789,631 (6.9%) 1.32 10,170
    2022-09-01 $572,125 (11.7%) $789,502 (6.9%) 1.33 10,283
    2022-10-01 $574,999 (12.8%) $799,529 (7.9%) 1.35 10,548
    2022-11-01 $569,498 (12.9%) $805,927 (7.4%) 1.36 10,063
    2022-12-01 $564,990 (12.4%) $820,859 (6.7%) 1.38 8,015
    2023-01-01 $572,444 (13.4%) $849,318 (4.7%) 1.41 6,630
    2023-02-01 $587,500 (10.9%) $887,088 (6.4%) 1.41 5,967
    2023-03-01 $599,945 (9.6%) $913,946 (9.7%) 1.41 6,049
    2023-04-01 $625,000 (9.7%) $944,727 (14.2%) 1.44 6,349
    2023-05-01 $642,500 (9.0%) $966,947 (15.2%) 1.45 6,527
    2023-06-01 $648,250 (9.0%) $963,922 (16.9%) 1.45 6,680
    2023-07-01 $639,500 (9.3%) $938,537 (16.4%) 1.44 7,022
    2023-08-01 $619,450 (7.8%) $916,106 (16.0%) 1.41 7,000
    2023-09-01 $619,000 (8.2%) $919,504 (16.5%) 1.43 7,785
    2023-10-01 $604,500 (5.1%) $918,403 (14.9%) 1.41 8,223
    2023-11-01 $599,450 (5.3%) $920,699 (14.2%) 1.43 8,066
    2023-12-01 $589,000 (4.3%) $929,381 (13.2%) 1.43 6,816
    2024-01-01 $593,950 (3.8%) $956,513 (12.6%) 1.44 5,759
    2024-02-01 $599,900 (2.1%) $964,103 (8.7%) 1.44 5,780
    2024-03-01 $610,000 (1.7%) $976,867 (6.9%) 1.42 6,199
    2024-04-01 $626,721 (0.3%) $974,975 (3.2%) 1.45 7,048
    2024-05-01 $639,058 (-0.5%) $989,792 (2.4%) 1.45 7,692
    2024-06-01 $634,970 (-2.1%) $954,952 (-0.9%) 1.42 8,469
    2024-07-01 $617,423 (-3.5%) $947,774 (1.0%) 1.40 8,736
    2024-08-01 $599,900 (-3.2%) $910,984 (-0.6%) 1.40 8,683
    2024-09-01 $600,000 (-3.1%) $906,792 (-1.4%) 1.41 9,597
    2024-10-01 $599,900 (-0.8%) $893,940 (-2.7%) 1.41 10,388
    2024-11-01 $589,000 (-1.7%) $888,371 (-3.5%) 1.40 10,086
    2024-12-01 $577,400 (-2.0%) $898,773 (-3.3%) 1.42 8,198
    2025-01-01 $577,000 (-2.9%) $898,950 (-6.0%) 0.00 7,825
    Washington's median listing price for 2025-01-01 was $577,000, a difference of $-16,950 (-2.9%) versus the prior year and $-400 versus the prior month.

    Washington's median listing price comes in at 0% of the national average.

    Washington's average listing price for 2025-01-01 was $898,950, a difference of $-57,563 (-6.0%) versus the prior year and $177 versus the prior month.

    For the 2025-01-01 period, Washington had 7,825 MLS listings, a difference of -373 listings (-5%) versus the prior month and 2,066 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Washington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 67 days 2,053 sqft
    2018-02-01 49 days 2,092 sqft
    2018-03-01 33 days 2,120 sqft
    2018-04-01 31 days 2,138 sqft
    2018-05-01 31 days 2,145 sqft
    2018-06-01 37 days 2,256 sqft
    2018-07-01 43 days 2,211 sqft
    2018-08-01 44 days 2,167 sqft
    2018-09-01 45 days 2,130 sqft
    2018-10-01 44 days 2,106 sqft
    2018-11-01 49 days 2,105 sqft
    2018-12-01 59 days 2,128 sqft
    2019-01-01 67 days 2,152 sqft
    2019-02-01 50 days 2,195 sqft
    2019-03-01 38 days 2,262 sqft
    2019-04-01 30 days 2,317 sqft
    2019-05-01 31 days 2,332 sqft
    2019-06-01 37 days 2,340 sqft
    2019-07-01 42 days 2,302 sqft
    2019-08-01 42 days 2,286 sqft
    2019-09-01 40 days 2,264 sqft
    2019-10-01 41 days 2,244 sqft
    2019-11-01 49 days 2,214 sqft
    2019-12-01 62 days 2,198 sqft
    2020-01-01 63 days 2,170 sqft
    2020-02-01 36 days 2,206 sqft
    2020-03-01 27 days 2,244 sqft
    2020-04-01 34 days 2,202 sqft
    2020-05-01 43 days 2,215 sqft
    2020-06-01 35 days 2,200 sqft
    2020-07-01 30 days 2,123 sqft
    2020-08-01 29 days 2,027 sqft
    2020-09-01 25 days 1,924 sqft
    2020-10-01 34 days 1,840 sqft
    2020-11-01 39 days 1,776 sqft
    2020-12-01 46 days 1,733 sqft
    2021-01-01 47 days 1,664 sqft
    2021-02-01 37 days 1,598 sqft
    2021-03-01 30 days 1,659 sqft
    2021-04-01 29 days 1,730 sqft
    2021-05-01 28 days 1,800 sqft
    2021-06-01 28 days 1,812 sqft
    2021-07-01 30 days 1,810 sqft
    2021-08-01 32 days 1,808 sqft
    2021-09-01 33 days 1,778 sqft
    2021-10-01 35 days 1,746 sqft
    2021-11-01 40 days 1,679 sqft
    2021-12-01 47 days 1,659 sqft
    2022-01-01 47 days 1,620 sqft
    2022-02-01 32 days 1,675 sqft
    2022-03-01 26 days 1,746 sqft
    2022-04-01 26 days 1,843 sqft
    2022-05-01 25 days 1,923 sqft
    2022-06-01 27 days 1,956 sqft
    2022-07-01 31 days 1,976 sqft
    2022-08-01 36 days 1,960 sqft
    2022-09-01 39 days 1,929 sqft
    2022-10-01 37 days 1,946 sqft
    2022-11-01 43 days 1,933 sqft
    2022-12-01 54 days 1,901 sqft
    2023-01-01 59 days 1,897 sqft
    2023-02-01 40 days 1,917 sqft
    2023-03-01 34 days 1,955 sqft
    2023-04-01 32 days 2,026 sqft
    2023-05-01 30 days 2,065 sqft
    2023-06-01 32 days 2,072 sqft
    2023-07-01 34 days 2,064 sqft
    2023-08-01 35 days 2,032 sqft
    2023-09-01 35 days 2,016 sqft
    2023-10-01 35 days 1,993 sqft
    2023-11-01 39 days 1,980 sqft
    2023-12-01 50 days 1,940 sqft
    2024-01-01 53 days 1,906 sqft
    2024-02-01 36 days 1,896 sqft
    2024-03-01 31 days 1,888 sqft
    2024-04-01 30 days 1,926 sqft
    2024-05-01 28 days 1,957 sqft
    2024-06-01 29 days 1,953 sqft
    2024-07-01 36 days 1,938 sqft
    2024-08-01 37 days 1,906 sqft
    2024-09-01 36 days 1,913 sqft
    2024-10-01 34 days 1,894 sqft
    2024-11-01 40 days 1,855 sqft
    2024-12-01 50 days 1,810 sqft
    2025-01-01 0 days 1,803 sqft
    Washington's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Washington's median square footage for active listings during the 2025-01-01 period was 1,803 sqft. One year prior, the average listing was 1,906 sqft.