Kentucky USDA Loan Rates, Closing Costs & Stats

Kentucky

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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.

    Kentucky USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Kentucky 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.

    Kentucky's average USDA mortgage closing costs are $4,682.

    The average rate for the prior week (2025-03-28) was 6.68% and one month ago for the week of 2025-02-28, the average rate was 6.73%.

    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 6.47%.

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

    Kentucky 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 Kentucky level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    STOCKTON MORTGAGE CORPORATION 165 6.59% $6,589
    Equity Prime Mortgage LLC 86 6.59% $5,238
    UNITED WHOLESALE MORTGAGE, LLC 63 6.32% $6,995
    UNION HOME MORTGAGE CORP. 50 6.40% $6,477
    Magnolia Bank 48 6.37% $5,508
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 42 6.42% $7,771
    Paramount Residential Mortgage Group, Inc. 41 6.59% $6,408
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 35 6.53% $5,017
    GENEVA FINANCIAL, LLC 31 6.41% $6,961
    GoPrime Mortgage, Inc. 30 6.57% $4,931
    RUOFF MORTGAGE COMPANY, INC. 30 6.70% $2,826
    POLARIS HOME FUNDING CORP. 27 6.59% $7,543
    T2 FINANCIAL LLC 26 5.93% $7,626
    EVANSVILLE TEACHERS 21 6.18% $5,230
    SOUTH CENTRAL BANK, INC. 20 6.32% $4,990
    BROKER SOLUTIONS, INC. 19 6.51% $7,876
    EVERETT FINANCIAL, INC. 17 6.65% $5,829
    Century Mortgage Company DBA Century Lending Company 17 6.57% $7,251
    FIRST COMMUNITY MORTGAGE, INC. 17 6.39% $6,436
    Renasant Bank 17 6.26% $5,003
    HOMESIDE FINANCIAL, LLC 16 6.78% $5,887
    Edmonton State Bank 16 6.50% $5,892
    CROSSCOUNTRY MORTGAGE, LLC 13 6.57% $7,847
    GERSHMAN INVESTMENT CORP. 12 6.34% $5,022
    DAS Acquisition Company, LLC 12 6.57% $7,707
    German American Bank 11 6.20% $4,980
    MOVEMENT MORTGAGE, LLC 11 6.81% $6,933
    MID AMERICA MORTGAGE, INC. 10 6.88% $4,871
    U.S. Bank 9 6.43% $4,745
    Fifth Third Bank 9 5.93% $6,756
    BAYSHORE MORTGAGE FUNDING, LLC 9 7.19% $9,467
    Mortgage Research Center, LLC 8 6.56% $3,280
    NEWREZ LLC 8 6.17% $6,852
    Bank of England 8 6.56% $7,481
    Republic State Mortgage Co. 7 6.66% $6,929
    PLAZA HOME MORTGAGE, INC. 7 6.46% $6,789
    MORTGAGE INVESTORS GROUP, INC. 7 6.71% $4,787
    SUCCESS MORTGAGE PARTNERS, INC. 7 6.34% $9,068
    Truist 6 6.15% $5,318
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.67% $5,955
    GUARANTEED RATE, INC. 6 6.34% $7,351
    AMERICAN PACIFIC MORTGAGE CORPORATION 6 6.83% $7,427
    Sierra Pacific Mortgage Company, Inc. 5 6.28% $6,286
    PRIMARY RESIDENTIAL MORTGAGE, INC. 5 6.70% $4,720
    Peoples Exchange Bank 5 6.18% $4,242
    TOP FLITE FINANCIAL, INC. 5 6.67% $7,408
    VICTORY MORTGAGE, L.L.C. 5 5.75% $7,290
    Forcht Bank 5 6.50% $5,184
    Guardian Savings Bank, A Federal Savings Bank 5 6.08% $5,268
    INTERLINC MORTGAGE SERVICES, LLC 5 6.85% $5,251
    Ixonia Bank 5 7.00% $6,947
    Prosperity Home Mortgage, LLC 5 6.65% $5,950
    Flagstar Bank, FSB 4 6.62% $6,374
    DHI MORTGAGE COMPANY, LTD. 4 4.99% $5,103
    Plains Commerce Bank 4 5.75% $6,927
    Northpointe Bank 4 6.44% $5,908
    Traditional Bank, Inc. 4 6.31% $5,389
    PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.62% $5,929
    TOWNE MORTGAGE COMPANY 3 6.29% $4,820
    ACOPIA, LLC 3 6.42% $7,375
    FirstBank 3 6.79% $5,325
    CANOPY MORTGAGE, LLC 3 6.50% $7,666
    AMERICAN FINANCIAL RESOURCES, INC. 3 6.92% $6,915
    ROSS MORTGAGE CORPORATION 3 6.63% $7,503
    FREEDOM MORTGAGE CORPORATION 3 6.17% $7,198
    NORWICH COMMERCIAL GROUP, INC. 3 6.42% $3,550
    THE MORTGAGE WAREHOUSE,LLC 3 6.58% $5,580
    Old National Bank 2 6.19% $6,708
    CALCON MUTUAL MORTGAGE LLC 2 6.56% $6,344
    Carrington Mortgage Services, LLC 2 7.31% $7,785
    CITY FIRST MORTGAGE SERVICES, L.L.C. 2 6.00% $7,586
    DESCO 2 6.94% $3,864
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 6.25% $6,943
    First Financial Bank 2 6.44% $4,652
    GVC MORTGAGE, INC. 2 6.75% $4,395
    Heartland Bank 2 6.19% $4,838
    LOANDEPOT.COM, LLC 2 6.75% $4,778
    MORTGAGE MASTERS OF INDIANA, INC. 2 6.88% $5,300
    PNC Bank 2 6.50% $7,863
    Stock Yards Bank & Trust Company 2 6.38% $6,556
    The Loan Store, Inc. 2 5.94% $6,735
    TJC Mortgage, Inc. 2 6.00% $6,605
    VILLAGE CAPITAL MORTGAGE 2 6.88% $7,179
    Nations Lending Corporation 1 6.75% $3,412
    PREMIER LENDING, INC. 1 6.50% $10,342
    Presidential Bank, FSB 1 6.00% $6,117
    MYCUMORTGAGE, LLC 1 6.25% $3,418
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $6,819
    Legends Bank 1 6.88% $7,113
    RAPID MORTGAGE COMPANY 1 6.75% $6,551
    RELIANCE FIRST CAPITAL, LLC 1 6.25% $4,698
    LEADERONE FINANCIAL CORPORATION 1 6.63% $4,784
    JMAC LENDING, INC. 1 6.25% $6,843
    INSPIRE HOME LOANS INC. 1 6.25% $6,248
    ROYAL UNITED MORTGAGE LLC 1 7.25% $8,092
    GUILD MORTGAGE COMPANY 1 6.88% $3,401
    Flanagan State Bank 1 6.38% $6,690
    Simmons Bank 1 6.25% $5,272
    FIRST EQUITY MORTGAGE INCORPORATED 1 5.50% $14,620
    SOUTHWEST FUNDING, LP 1 7.25% $10,583
    FIRST COLONY MORTGAGE CORPORATION 1 6.25% $6,318
    AXIA FINANCIAL, LLC 1 6.25% $8,852
    FAIR WAY LENDING LLC 1 6.25% $7,833
    SUN WEST MORTGAGE COMPANY, INC. 1 7.25% $5,446
    SWBC MORTGAGE CORPORATION 1 6.75% $1,616
    EQUITY RESOURCES, INC. 1 6.63% $5,134
    WesBanco 1 6.50% $6,033
    COMPASS MORTGAGE, INC. 1 6.38% $6,515
    The State Bank and Trust Company 1 5.88% $5,619
    Waterstone Mortgage Corporation 1 6.50% $6,774
    COMMONWEALTH 1 6.25% $12,418
    CMG MORTGAGE, INC. 1 6.25% $13,621
    CIBM Bank 1 6.25% $5,565
    Central Bank 1 5.88% $4,490
    CARDINAL FINANCIAL 1 6.13% $12,463
    BAY EQUITY LLC 1 6.75% $5,595
    Peoples Bank 1 6.13% $6,044
    OCMBC, INC. 1 7.13% $5,557
    NATIONS RELIABLE LENDING, LLC 1 6.13% $6,152
    Barrington Bank & Trust Company, N.A. 1 5.75% $10,363
    POINT Mortgage 1 6.13% $7,355

    The top Kentucky USDA lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with 165 USDA loans originated. Their average total fees are $6,589, which is $1,351 higher than the next largest lender, Equity Prime Mortgage LLC.

    The lowest fee Kentucky USDA lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. ($2,826), MID AMERICA MORTGAGE, INC. ($4,871), GoPrime Mortgage, Inc. ($4,931), German American Bank ($4,980) and SOUTH CENTRAL BANK, INC. ($4,990).

    The lowest rate Kentucky USDA lenders (with over 10 loans originated) are T2 FINANCIAL LLC (5.93%), EVANSVILLE TEACHERS (6.18%), German American Bank (6.20%), Renasant Bank (6.26%) and UNITED WHOLESALE MORTGAGE, LLC (6.32%).