Florida USDA Loan Rates, Closing Costs & Stats

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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.

    Florida USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Florida averaged -0.16% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

    Florida's average USDA mortgage closing costs are $6,319.

    The average rate for the prior week (2025-06-27) was 6.38% and one month ago for the week of 2025-05-30, the average rate was 6.46%.

    The average rate one year ago was 6.56%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.23%.

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

    Florida 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 Florida level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    METROPLEX MORTGAGE SERVICES, INC. 76 6.35% $8,855
    UNITED WHOLESALE MORTGAGE, LLC 46 5.97% $10,850
    DHI MORTGAGE COMPANY, LTD. 44 4.86% $5,766
    Equity Prime Mortgage LLC 25 6.35% $8,831
    AMERICAN BANCSHARES MORTGAGE 21 6.43% $9,843
    Ameris Bank 16 6.31% $8,274
    UNION HOME MORTGAGE CORP. 15 6.22% $9,893
    NEWREZ LLC 13 6.19% $9,962
    SUCCESS MORTGAGE PARTNERS, INC. 12 6.51% $9,144
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 6.31% $10,549
    MORTGAGE FINANCIAL GROUP, INC. 11 6.30% $8,905
    CROSSCOUNTRY MORTGAGE, LLC 11 6.41% $10,196
    EVERETT FINANCIAL, INC. 9 6.74% $9,995
    EAGLE HOME MORTGAGE, LLC 9 4.64% $8,393
    PLAZA HOME MORTGAGE, INC. 8 6.22% $9,513
    University Bank 8 6.17% $7,047
    CMG MORTGAGE, INC. 8 5.70% $11,633
    HOMESIDE FINANCIAL, LLC 8 6.48% $9,461
    Century Mortgage Company DBA Century Lending Company 7 6.25% $9,066
    FBC MORTGAGE, LLC 7 5.78% $9,293
    Plains Commerce Bank 7 5.91% $13,233
    LEADERONE FINANCIAL CORPORATION 7 6.44% $7,544
    Paramount Residential Mortgage Group, Inc. 7 6.39% $8,465
    THE MORTGAGE FIRM, INC. 7 6.44% $8,173
    AMERICAN FINANCIAL NETWORK, INC. 6 6.48% $8,852
    Regions Bank 6 6.31% $7,003
    INSPIRE HOME LOANS INC. 6 5.40% $7,213
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 6.30% $10,986
    AFFORDABLE MORTGAGE ADVISORS, LLC. 5 6.12% $8,983
    First Federal Bank 5 6.03% $8,037
    MOVEMENT MORTGAGE, LLC 5 6.30% $8,508
    Centennial Bank 5 6.55% $7,706
    Synovus Bank 5 6.08% $6,813
    Mortgage Lenders Investment Trading Corporation 5 6.50% $8,331
    GUILD MORTGAGE COMPANY 5 6.05% $9,209
    NVR Mortgage Finance, Inc. 4 5.94% $10,970
    GARDNER FINANCIAL SERVICES, LTD. 4 6.44% $7,939
    GUARANTEED RATE, INC. 4 5.94% $9,448
    South State Bank 4 6.22% $7,206
    LOANDEPOT.COM, LLC 3 6.08% $12,071
    Loan Simple, Inc. 3 6.42% $13,787
    Flagstar Bank, FSB 3 6.83% $8,548
    CARDINAL FINANCIAL 3 6.92% $7,614
    Trustmark National Bank 3 6.04% $6,972
    GUARANTEED RATE AFFINITY, LLC 3 5.86% $14,277
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.37% $8,314
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 6.38% $8,797
    JMAC LENDING, INC. 3 6.25% $7,335
    Keystone Funding, Inc. 3 6.08% $10,576
    Tyndall Federal Credit Union 2 5.75% $8,575
    TOWNE MORTGAGE COMPANY 2 6.50% $9,129
    FLAT BRANCH MORTGAGE, INC. 2 6.50% $11,148
    Residential Acceptance Corporation 2 7.25% $10,352
    BROKER SOLUTIONS, INC. 2 6.50% $8,733
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.75% $8,588
    Presidential Bank, FSB 2 6.50% $6,953
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.38% $7,255
    Hometown Equity Mortgage, LLC 2 6.56% $14,376
    PLANET HOME LENDING, LLC 2 6.31% $13,346
    Northpointe Bank 2 6.13% $9,573
    VILLAGE CAPITAL MORTGAGE 2 5.87% $11,016
    Waterstone Mortgage Corporation 2 6.19% $10,469
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 4.99% $6,331
    Gateway First Bank 2 6.00% $18,554
    Blue Ridge Bank 2 6.06% $6,623
    MID AMERICA MORTGAGE, INC. 1 6.00% $6,666
    Acre Mortgage and Financial Inc 1 7.13% $11,364
    ALKAN MORTGAGE CORPORATION 1 5.75% $12,386
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.00% $6,454
    AMERICAN FINANCING CORPORATION 1 5.99% $10,977
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.88% $9,768
    BAY CAPITAL MORTGAGE CORPORATION 1 6.63% $7,933
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.49% $7,348
    Bell Bank 1 6.63% $6,138
    CANOPY MORTGAGE, LLC 1 5.38% $15,603
    Capital City Home Loans, LLC 1 6.63% $6,557
    Carrington Mortgage Services, LLC 1 7.13% $12,659
    CHURCHILL MORTGAGE CORPORATION 1 6.62% $8,741
    City Lending Inc. 1 6.38% $9,125
    CityWorth Mortgage LLC 1 6.63% $7,791
    Community Bank of Mississippi 1 6.50% $3,515
    COMPASS MORTGAGE, INC. 1 6.63% $8,480
    Encompass Lending Group, LP 1 6.25% $10,895
    FAIR WAY LENDING LLC 1 6.63% $6,757
    Fifth Third Bank 1 6.50% $6,554
    FREEDOM MORTGAGE CORPORATION 1 7.25% $7,589
    Goldwater Bank, N.A. 1 5.63% $7,155
    HALLMARK HOME MORTGAGE, LLC 1 6.00% $11,247
    Hancock Whitney Bank 1 6.50% $5,282
    HOMEAMERICAN MORTGAGE CORPORATION 1 5.00% $3,874
    HOME SOLUTION LENDERS INC. 1 5.38% $19,694
    HOMESPIRE MORTGAGE CORPORATION 1 7.13% $7,895
    HUNT MORTGAGE CORPORATION 1 6.25% $9,056
    Ixonia Bank 1 7.63% $6,175
    Legends Bank 1 6.75% $6,443
    1ST SIGNATURE LENDING, LLC 1 5.25% $10,818
    MORTGAGE EQUITY PARTNERS LLC 1 6.87% $6,978
    MORTGAGE INVESTORS GROUP, INC. 1 5.50% $12,894
    Mortgage Research Center, LLC 1 5.99% $3,575
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.25% $10,538
    NJ LENDERS CORP. 1 5.88% $11,693
    ON Q FINANCIAL, INC. 1 6.50% $7,318
    PREMIER LENDING, INC. 1 6.50% $11,530
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.63% $20,573
    Sierra Pacific Mortgage Company, Inc. 1 6.25% $9,778
    SmartBank 1 6.13% $7,170
    STOCKTON MORTGAGE CORPORATION 1 0.00% $10,230
    SWBC MORTGAGE CORPORATION 1 7.25% $6,266
    The Huntington National Bank 1 6.00% $10,456
    Truist 1 5.75% $7,024
    UNITED MORTGAGE CORP 1 5.75% $10,261

    The top Florida USDA lender as defined by loan originations is METROPLEX MORTGAGE SERVICES, INC., with 76 USDA loans originated. Their average total fees are $8,855, which is $1,995 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Florida USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($5,766), Ameris Bank ($8,274), Equity Prime Mortgage LLC ($8,831), METROPLEX MORTGAGE SERVICES, INC. ($8,855) and MORTGAGE FINANCIAL GROUP, INC. ($8,905).

    The lowest rate Florida USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.86%), UNITED WHOLESALE MORTGAGE, LLC (5.97%), NEWREZ LLC (6.19%), UNION HOME MORTGAGE CORP. (6.22%) and MORTGAGE FINANCIAL GROUP, INC. (6.30%).