Washington USDA Loan Rates, Closing Costs & Stats

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

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets

    • 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 50 lenders originated 164 USDA loans during 2024. The total origination value was $53,010,000, with an average USDA loan value of $323,232.

    Washington USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Washington averaged 0.27% for the week of 2025-06-20, compared to the national average (all USDA variants) of 0% for the same period.

    Washington's average USDA mortgage closing costs are $7,293.

    The average rate for the prior week (2025-06-13) was 6.67% and one month ago for the week of 2025-05-16, the average rate was 6.53%.

    The average rate one year ago was 6.75%.

    For refis of the same type during the week of 2025-06-20, the average rate was -0.26%.

    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FIRST HOME MORTGAGE CORPORATION 21 6.31% $11,741
    Towne Bank 12 6.08% $10,864
    Integrity Home Mortgage Corp 10 6.24% $10,499
    UNITED WHOLESALE MORTGAGE, LLC 8 6.13% $9,059
    EMBRACE HOME LOANS, INC. 7 6.19% $8,854
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 6.37% $9,183
    CMG MORTGAGE, INC. 5 5.95% $8,057
    HOMESPIRE MORTGAGE CORPORATION 5 5.94% $8,696
    BAY CAPITAL MORTGAGE CORPORATION 5 5.88% $11,725
    EVERETT FINANCIAL, INC. 4 5.69% $9,219
    HOMESIDE FINANCIAL, LLC 4 6.47% $6,631
    First Heritage Mortgage, LLC 4 5.72% $12,276
    Century Mortgage Company DBA Century Lending Company 4 5.91% $11,159
    Equity Prime Mortgage LLC 3 6.04% $13,177
    UNION HOME MORTGAGE CORP. 3 6.38% $10,897
    MOVEMENT MORTGAGE, LLC 3 6.67% $8,004
    Atlantic Coast Mortgage, LLC 3 6.33% $9,747
    Prosperity Home Mortgage, LLC 3 6.50% $8,181
    Shore United Bank 3 6.42% $8,940
    Presidential Bank, FSB 2 6.50% $10,242
    Alcova Mortgage LLC 2 6.56% $4,835
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 6.25% $9,667
    CROSSCOUNTRY MORTGAGE, LLC 2 6.97% $12,008
    DHI MORTGAGE COMPANY, LTD. 2 5.25% $7,367
    ENVOY MORTGAGE, LTD 2 6.31% $8,367
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.50% $9,908
    Flagstar Bank, FSB 2 6.56% $7,947
    GUILD MORTGAGE COMPANY 2 6.75% $6,051
    JAMS-01, INC. 2 5.88% $9,304
    NEWREZ LLC 2 5.75% $12,509
    Waterstone Mortgage Corporation 2 5.63% $10,019
    INTERCOASTAL MORTGAGE COMPANY 1 6.13% $7,851
    MY MORTGAGE, INC. 1 6.99% $11,140
    VILLAGE CAPITAL MORTGAGE 1 6.63% $8,510
    NORTHPOINT MORTGAGE, INC. 1 6.25% $7,853
    NORWICH COMMERCIAL GROUP, INC. 1 5.50% $16,267
    NVR Mortgage Finance, Inc. 1 6.38% $3,355
    1ST FINANCIAL, INC. 1 6.00% $22,331
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.13% $9,001
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.62% $8,532
    Sandy Spring Bank 1 6.25% $10,795
    GUARANTEED RATE AFFINITY, LLC 1 5.99% $6,369
    Sierra Pacific Mortgage Company, Inc. 1 5.50% $12,162
    SOUTHERN TRUST MORTGAGE, LLC 1 6.00% $15,297
    GSF Mortgage Corporation 1 6.38% $10,492
    City Lending Inc. 1 6.38% $9,056
    CANOPY MORTGAGE, LLC 1 6.13% $14,041
    Vellum Mortgage, Inc. 1 6.13% $8,903
    MORIA DEVELOPMENT, INC. 1 6.88% $7,632
    Mortgage Research Center, LLC 1 6.75% $4,816

    The top Washington USDA lender as defined by loan originations is FIRST HOME MORTGAGE CORPORATION, with 21 USDA loans originated. Their average total fees are $11,741, which is $877 higher than the next largest lender, Towne Bank.

    The lowest fee Washington USDA lenders (with over 10 loans originated) are Integrity Home Mortgage Corp ($10,499), Towne Bank ($10,864), FIRST HOME MORTGAGE CORPORATION ($11,741), .

    The lowest rate Washington USDA lenders (with over 10 loans originated) are Towne Bank (6.08%), Integrity Home Mortgage Corp (6.24%), FIRST HOME MORTGAGE CORPORATION (6.31%), .