Arkansas USDA Loan Rates, Closing Costs & Stats

Arkansas

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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.

    Arkansas USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Arkansas averaged 6.34% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    Arkansas's average USDA mortgage closing costs are $4,256.

    The average rate for the prior week (2025-03-28) was 6.6% and one month ago for the week of 2025-02-28, the average rate was 6.35%.

    The average rate one year ago was 6.61%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.14%.

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

    Arkansas 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 Arkansas level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 109 6.60% $6,133
    Arvest Bank 74 6.50% $5,441
    DAS Acquisition Company, LLC 71 6.90% $5,628
    FLAT BRANCH MORTGAGE, INC. 59 6.55% $5,729
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 53 6.56% $5,948
    Eagle Bank and Trust Company 45 6.21% $9,621
    GUILD MORTGAGE COMPANY 37 6.56% $6,067
    Centennial Bank 36 6.42% $5,459
    Bank of England 36 6.35% $5,292
    First Security Bank 31 5.99% $3,880
    STOCKTON MORTGAGE CORPORATION 31 6.34% $5,702
    PRIMARY RESIDENTIAL MORTGAGE, INC. 30 6.80% $6,949
    BROKER SOLUTIONS, INC. 30 6.62% $6,666
    FIRST COMMUNITY MORTGAGE, INC. 29 6.15% $5,292
    Firstar Bank 29 6.14% $4,841
    First Community Bank 28 6.05% $6,023
    Simmons Bank 26 6.32% $4,846
    MORTGAGE INVESTORS GROUP, INC. 25 6.35% $5,109
    MORTGAGE FINANCIAL SERVICES, LLC 25 6.87% $6,448
    GMFS LLC 23 6.10% $4,605
    DHI MORTGAGE COMPANY, LTD. 22 5.47% $5,607
    SWBC MORTGAGE CORPORATION 22 6.53% $2,739
    UNITED WHOLESALE MORTGAGE, LLC 20 6.34% $6,387
    Priority Bank 19 6.16% $5,917
    Regions Bank 19 6.60% $4,662
    First Financial Bank 15 6.17% $6,056
    First Horizon Bank 15 6.23% $5,264
    SENTE MORTGAGE, INC. 15 6.76% $5,776
    Paramount Residential Mortgage Group, Inc. 14 6.53% $5,057
    Nations Lending Corporation 13 6.62% $2,535
    T2 FINANCIAL LLC 13 6.50% $6,219
    AMERICAN FINANCIAL RESOURCES, INC. 12 6.56% $5,339
    Chambers Bank 12 6.29% $5,512
    MOVEMENT MORTGAGE, LLC 11 6.88% $5,446
    Equity Prime Mortgage LLC 11 6.42% $5,589
    EVERETT FINANCIAL, INC. 11 6.90% $6,912
    Century Mortgage Company DBA Century Lending Company 10 6.49% $6,647
    CORNERSTONE HOME LENDING, INC. 10 5.95% $9,386
    Flanagan State Bank 9 5.61% $5,776
    Sierra Pacific Mortgage Company, Inc. 9 6.56% $6,913
    American Mortgage & Equity Consultants, Inc. 9 6.87% $7,286
    Cornerstone First Mortgage, Inc 8 6.67% $6,945
    COMMUNITY MORTGAGE CORPORATION 8 6.28% $6,236
    Renasant Bank 8 6.25% $5,376
    UNION HOME MORTGAGE CORP. 8 6.30% $5,369
    PRIMELENDING, A PLAINSCAPITAL COMPANY 8 6.67% $5,796
    GERSHMAN INVESTMENT CORP. 8 6.33% $4,217
    Equity Bank 7 6.00% $4,824
    Gateway First Bank 7 6.43% $6,508
    EUSTIS AND AMERICAN MORTGAGE COMPANY 7 6.41% $6,897
    ENCORE BANK 6 6.60% $4,852
    TIB The Independent Bankersbank 6 6.52% $6,855
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 6 6.27% $5,387
    Southern Bank 6 6.63% $3,991
    Farmers Bank & Trust Company 5 6.58% $4,455
    American Mortgage Bank, LLC 5 6.03% $11,582
    Servion, Inc. 5 6.53% $3,433
    UNITED 5 6.48% $6,423
    NEWREZ LLC 5 6.33% $4,826
    PILGRIM MORTGAGE LLC 5 6.50% $6,363
    BancorpSouth 4 6.28% $4,697
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.94% $4,375
    MID AMERICA MORTGAGE, INC. 4 6.78% $3,308
    SUN WEST MORTGAGE COMPANY, INC. 4 6.74% $6,104
    MY MOVE MORTGAGE, LLC 4 6.25% $6,180
    LEADERONE FINANCIAL CORPORATION 4 6.31% $7,224
    HOMESIDE FINANCIAL, LLC 4 6.22% $5,450
    U.S. Bank 3 7.04% $4,603
    CMG MORTGAGE, INC. 3 6.67% $6,879
    CROSSCOUNTRY MORTGAGE, LLC 3 6.58% $7,895
    FirstTrust Home Loans, Inc. 3 6.50% $3,601
    GENEVA FINANCIAL, LLC 3 6.17% $9,882
    GUARANTEED RATE, INC. 3 6.53% $9,300
    Mortgage Research Center, LLC 3 6.83% $2,186
    NFM, INC. 3 6.71% $8,252
    PLAZA HOME MORTGAGE, INC. 3 6.66% $5,905
    SECURITYNATIONAL MORTGAGE COMPANY 3 6.46% $5,024
    ASSOCIATED MORTGAGE CORPORATION 2 5.63% $10,076
    Flagstar Bank, FSB 2 6.50% $7,662
    Magnolia Bank 2 6.94% $6,418
    Evolve Bank & Trust 2 6.19% $4,149
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.88% $4,978
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.00% $7,350
    Plains Commerce Bank 2 6.38% $3,491
    Residential Acceptance Corporation 1 7.00% $5,780
    Alliance Credit Union 1 7.13% $20,833
    INTERLINC MORTGAGE SERVICES, LLC 1 7.25% $3,419
    Great Southern Bank 1 6.50% $4,167
    FIRST WESTERN MORTGAGE, INC. 1 6.63% $4,528
    Chickasaw Community Bank 1 5.25% $5,727
    Carrington Mortgage Services, LLC 1 7.13% $6,226
    Bank OZK 1 6.25% $4,663
    Assurance Financial Group, L.L.C. 1 6.75% $5,880
    The Federal Savings Bank 1 6.75% $4,261
    TJC Mortgage, Inc. 1 6.63% $4,590
    TOTAL MORTGAGE SERVICES, LLC 1 7.00% $5,994
    Armed Forces Bank 1 6.13% $4,684
    PENNYMAC LOAN SERVICES, LLC 1 5.63% $6,566
    NATIONS RELIABLE LENDING, LLC 1 6.62% $6,659
    PLANET HOME LENDING, LLC 1 6.13% $4,458
    AMERICAN FINANCIAL NETWORK, INC. 1 5.75% $9,252
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.13% $5,897
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $7,250
    MICHIGAN MUTUAL, INC. 1 5.75% $4,398
    LOANDEPOT.COM, LLC 1 6.75% $5,454

    The top Arkansas USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 109 USDA loans originated. Their average total fees are $6,133, which is $692 higher than the next largest lender, Arvest Bank.

    The lowest fee Arkansas USDA lenders (with over 10 loans originated) are Nations Lending Corporation ($2,535), SWBC MORTGAGE CORPORATION ($2,739), First Security Bank ($3,880), GMFS LLC ($4,605) and Regions Bank ($4,662).

    The lowest rate Arkansas USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.47%), CORNERSTONE HOME LENDING, INC. (5.95%), First Security Bank (5.99%), First Community Bank (6.05%) and GMFS LLC (6.10%).