Alaska USDA Loan Rates, Closing Costs & Stats

Alaska

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.

Alaska USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Alaska averaged 6.16% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

Alaska's average USDA mortgage closing costs are $6,209.

The average rate for the prior week (2025-03-28) was 6.42% and one month ago for the week of 2025-02-28, the average rate was 6.37%.

The average rate one year ago was 6.52%.

For refis of the same type during the week of 2025-04-04, the average rate was 5.65%.

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

Alaska 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 Alaska level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
CORNERSTONE HOME LENDING, INC. 12 6.07% $10,372
NEWREZ LLC 5 6.59% $8,836
RESIDENTIAL MORTGAGE, LLC 5 5.80% $7,268
Alaska USA Federal Credit Union 5 6.23% $5,914
MOVEMENT MORTGAGE, LLC 4 6.59% $10,400
CROSSCOUNTRY MORTGAGE, LLC 4 5.81% $8,076
GENEVA FINANCIAL, LLC 3 6.38% $14,254
UNITED WHOLESALE MORTGAGE, LLC 2 5.75% $13,162
GUARANTEED RATE, INC. 2 5.82% $10,532
GUILD MORTGAGE COMPANY 2 5.69% $8,908
Paramount Residential Mortgage Group, Inc. 1 6.13% $8,679
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.38% $12,664
CANOPY MORTGAGE, LLC 1 6.13% $8,738
TruHome Solutions, LLC 1 5.63% $8,503
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.50% $5,253

The top Alaska USDA lender as defined by loan originations is CORNERSTONE HOME LENDING, INC., with 12 USDA loans originated. Their average total fees are $10,372, which is $1,536 higher than the next largest lender, NEWREZ LLC.

The lowest fee Alaska USDA lenders (with over 10 loans originated) are CORNERSTONE HOME LENDING, INC. ($10,372), .

The lowest rate Alaska USDA lenders (with over 10 loans originated) are CORNERSTONE HOME LENDING, INC. (6.07%), .