Youngstown USDA Loan Rates, Closing Costs & Stats

YOUNGSTOWN-WARREN-BOARDMAN, OH-PA

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.

Youngstown's 21 lenders originated 47 USDA loans during 2024. The total origination value was $7,265,000, with an average USDA loan value of $154,574.

Youngstown USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Youngstown averaged 0.52% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

Youngstown's average USDA mortgage closing costs are $5,170.

The average rate for the prior week (2025-06-27) was 6.65% and one month ago for the week of 2025-05-30, the average rate was 6.64%.

The average rate one year ago was 7.13%.

For refis of the same type during the week of 2025-07-04, the average rate was 0.45%.

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

Youngstown 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 Youngstown level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Ixonia Bank 17 6.66% $8,115
PLANET HOME LENDING, LLC 3 6.54% $7,038
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.25% $2,022
UNION HOME MORTGAGE CORP. 2 6.81% $6,892
CROSSCOUNTRY MORTGAGE, LLC 2 6.13% $5,572
HOWARD HANNA FINANCIAL SERVICES, INC. 2 5.63% $5,629
NEWREZ LLC 2 6.25% $5,922
POLARIS HOME FUNDING CORP. 2 6.13% $7,587
Plains Commerce Bank 1 6.25% $6,653
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $5,156
RUOFF MORTGAGE COMPANY, INC. 1 6.88% $8,626
UNITED WHOLESALE MORTGAGE, LLC 1 6.62% $8,595
AMERICAN FINANCIAL RESOURCES, INC. 1 6.38% $6,594
WEST PENN FINANCIAL SERVICE CENTER, INC. 1 5.63% $5,523
CARDINAL FINANCIAL 1 5.75% $5,581
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.63% $5,079
FIRST COMMUNITY MORTGAGE, INC. 1 6.00% $8,030
Flagstar Bank, FSB 1 6.63% $7,698
Hometown Equity Mortgage, LLC 1 6.50% $9,153
LIBERTY HOME MORTGAGE CORPORATION 1 7.25% $5,148
Meridian Bank Corporation 1 6.13% $6,324

The top Youngstown USDA lender as defined by loan originations is Ixonia Bank, with 17 USDA loans originated. Their average total fees are $8,115, which is $1,078 higher than the next largest lender, PLANET HOME LENDING, LLC.

The lowest fee Youngstown USDA lenders (with over 10 loans originated) are Ixonia Bank ($8,115), .

The lowest rate Youngstown USDA lenders (with over 10 loans originated) are Ixonia Bank (6.66%), .