California USDA Loan Rates, Closing Costs & Stats

California

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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.

    California USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in California averaged 6.51% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    California's average USDA mortgage closing costs are $7,608.

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

    The average rate one year ago was 6.78%.

    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.

    California 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 California level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 30 5.96% $11,838
    FIRST NATIONS HOME FINANCE CORPORATION 23 6.10% $8,224
    AMERICAN PACIFIC MORTGAGE CORPORATION 10 6.18% $11,236
    Paramount Residential Mortgage Group, Inc. 10 6.29% $9,255
    Sierra Pacific Mortgage Company, Inc. 9 6.05% $10,017
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.79% $11,352
    CROSSCOUNTRY MORTGAGE, LLC 7 6.59% $9,518
    Century Mortgage Company DBA Century Lending Company 7 6.37% $12,591
    GUILD MORTGAGE COMPANY 6 6.21% $14,444
    Commerce Home Mortgage, Inc. 6 6.06% $11,956
    PRIMELENDING, A PLAINSCAPITAL COMPANY 5 5.80% $11,809
    NEWREZ LLC 4 5.87% $10,940
    ML Mortgage Corp. 4 6.19% $12,002
    PREMIER MORTGAGE RESOURCES, L.L.C. 4 5.56% $14,350
    Golden Empire Mortgage, Inc. 3 6.00% $9,867
    AMERICAN FINANCIAL RESOURCES, INC. 3 6.00% $10,346
    FIRST COLONY MORTGAGE CORPORATION 3 5.67% $10,700
    MORIA DEVELOPMENT, INC. 3 6.29% $9,972
    Equity Prime Mortgage LLC 3 6.21% $9,609
    LEADERONE FINANCIAL CORPORATION 3 6.21% $10,670
    LOANDEPOT.COM, LLC 2 6.25% $12,554
    EVERETT FINANCIAL, INC. 2 6.38% $8,018
    OCMBC, INC. 2 5.94% $16,675
    Plains Commerce Bank 2 6.44% $9,605
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.00% $9,546
    GUARANTEED RATE, INC. 2 5.46% $12,193
    SUN WEST MORTGAGE COMPANY, INC. 2 6.81% $11,670
    The Loan Store, Inc. 2 5.93% $12,363
    U.S. Bank 2 6.62% $6,942
    S1L, Inc. 1 6.75% $12,713
    AMERICAN FINANCIAL NETWORK, INC. 1 5.38% $14,016
    American Mortgage Bank, LLC 1 6.63% $8,021
    American Mortgage & Equity Consultants, Inc. 1 6.75% $14,616
    AXIA FINANCIAL, LLC 1 6.00% $9,216
    BROKER SOLUTIONS, INC. 1 6.99% $8,835
    Carrington Mortgage Services, LLC 1 5.88% $20,925
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.13% $18,948
    GENEVA FINANCIAL, LLC 1 5.75% $14,556
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.13% $14,769
    INFINITY EQUITY GROUP, INC. 1 5.75% $12,422
    JMAC LENDING, INC. 1 5.88% $9,956
    Keystone Funding, Inc. 1 5.63% $10,018
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.00% $10,396
    MLD MORTGAGE INC. 1 5.99% $9,736
    Mortgage Research Center, LLC 1 5.75% $3,833
    Nations Lending Corporation 1 6.75% $5,238
    PANORAMA MORTGAGE GROUP, LLC 1 6.63% $12,425
    PLANET HOME LENDING, LLC 1 6.25% $10,717
    POINT Mortgage 1 5.75% $9,678
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.63% $0
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 6.13% $14,687
    ALAMEDA MORTGAGE CORPORATION 1 6.63% $8,492
    SUMMIT FUNDING, INC. 1 6.75% $11,246

    The top California USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 30 USDA loans originated. Their average total fees are $11,838, which is $3,614 higher than the next largest lender, FIRST NATIONS HOME FINANCE CORPORATION.

    The lowest fee California USDA lenders (with over 10 loans originated) are FIRST NATIONS HOME FINANCE CORPORATION ($8,224), Paramount Residential Mortgage Group, Inc. ($9,255), AMERICAN PACIFIC MORTGAGE CORPORATION ($11,236), UNITED WHOLESALE MORTGAGE, LLC ($11,838) and .

    The lowest rate California USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.96%), FIRST NATIONS HOME FINANCE CORPORATION (6.10%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.18%), Paramount Residential Mortgage Group, Inc. (6.29%) and .