Louisiana USDA Loan Rates, Closing Costs & Stats

Louisiana

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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.

    Louisiana USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Louisiana averaged 6.53% for the week of 2025-04-11, compared to the national average (all USDA variants) of 6.449% for the same period.

    Louisiana's average USDA mortgage closing costs are $5,215.

    The average rate for the prior week (2025-04-04) was 6.39% and one month ago for the week of 2025-03-07, the average rate was 6.66%.

    The average rate one year ago was 6.81%.

    For refis of the same type during the week of 2025-04-11, the average rate was 6.11%.

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

    Louisiana 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 Louisiana level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GMFS LLC 353 6.36% $4,059
    DSLD MORTGAGE, LLC 129 5.73% $3,188
    UNITED WHOLESALE MORTGAGE, LLC 125 6.21% $8,821
    EUSTIS AND AMERICAN MORTGAGE COMPANY 124 6.37% $7,086
    Equity Prime Mortgage LLC 117 6.44% $7,046
    DHI MORTGAGE COMPANY, LTD. 115 4.69% $5,375
    Assurance Financial Group, L.L.C. 105 6.57% $7,278
    NEWREZ LLC 74 6.47% $7,114
    FIDELITY BANK 50 6.44% $6,758
    MOVEMENT MORTGAGE, LLC 50 6.60% $7,451
    GUILD MORTGAGE COMPANY 41 6.53% $5,977
    FIRST COMMUNITY MORTGAGE, INC. 41 6.33% $6,621
    Eagle Bank and Trust Company 35 6.50% $5,337
    Sabine State Bank and Trust Company 32 6.78% $6,406
    CROSSCOUNTRY MORTGAGE, LLC 31 6.55% $7,469
    TOWNE MORTGAGE COMPANY 30 6.48% $7,508
    UNION HOME MORTGAGE CORP. 29 6.33% $6,310
    Gulf Coast Bank and Trust Company 29 6.36% $6,628
    MID AMERICA MORTGAGE, INC. 28 6.64% $4,579
    PLANET HOME LENDING, LLC 28 6.50% $6,525
    AMERICAN FINANCIAL RESOURCES, INC. 27 6.67% $6,688
    Hancock Whitney Bank 25 6.15% $6,514
    Red River Bank 24 5.98% $5,601
    Paramount Residential Mortgage Group, Inc. 24 6.48% $6,608
    AMERICAN PACIFIC MORTGAGE CORPORATION 22 6.93% $7,045
    Residential Acceptance Corporation 21 7.06% $11,520
    Flagstar Bank, FSB 21 6.67% $6,556
    HOMESIDE FINANCIAL, LLC 20 6.43% $7,129
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 20 6.51% $4,912
    Origin Bank 19 6.47% $5,098
    MORTGAGE FINANCIAL SERVICES, LLC 17 6.29% $6,548
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 6.57% $6,832
    CMG MORTGAGE, INC. 16 6.80% $8,327
    HOMESPIRE MORTGAGE CORPORATION 13 6.35% $8,115
    CANOPY MORTGAGE, LLC 11 6.35% $8,326
    BROKER SOLUTIONS, INC. 10 6.60% $7,713
    First Horizon Bank 10 6.19% $6,839
    Goldwater Bank, N.A. 9 6.33% $8,103
    SOUTHWEST FUNDING, LP 9 6.85% $7,774
    CARDINAL FINANCIAL 9 6.10% $6,401
    THE MORTGAGE FIRM, INC. 9 6.58% $6,517
    Century Mortgage Company DBA Century Lending Company 8 6.56% $6,192
    Summit Mortgage Corporation 8 6.36% $8,179
    PRIMARY RESIDENTIAL MORTGAGE, INC. 8 7.16% $5,572
    GENEVA FINANCIAL, LLC 7 6.89% $6,951
    Mortgage Research Center, LLC 7 7.13% $2,216
    AMERICAN FINANCIAL NETWORK, INC. 7 6.43% $7,880
    PLAZA HOME MORTGAGE, INC. 6 6.54% $7,148
    First Option Mortgage, LLC 6 6.71% $7,038
    T2 FINANCIAL LLC 6 6.14% $8,740
    Nations Lending Corporation 5 7.08% $4,758
    GUARANTEED RATE, INC. 5 6.45% $7,690
    INSPIRE HOME LOANS INC. 5 4.90% $6,270
    OPEN MORTGAGE, LLC 5 6.37% $14,275
    STANDARD MORTGAGE CORPORATION 5 6.08% $7,375
    SUCCESS MORTGAGE PARTNERS, INC. 4 7.00% $6,869
    S1L, Inc. 4 6.84% $4,823
    TIB The Independent Bankersbank 4 5.88% $5,749
    Carrington Mortgage Services, LLC 4 6.50% $7,332
    Plains Commerce Bank 4 6.31% $8,689
    BAYSHORE MORTGAGE FUNDING, LLC 4 7.00% $12,017
    Wolfe Financial, Inc 3 6.29% $7,579
    Cornerstone First Mortgage, Inc 3 6.42% $8,713
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.04% $10,967
    Regions Bank 3 6.08% $8,025
    SUMMIT FUNDING, INC. 3 6.38% $10,049
    SUN WEST MORTGAGE COMPANY, INC. 3 6.46% $10,840
    AFFORDABLE MORTGAGE ADVISORS, LLC. 3 6.79% $5,122
    Home Federal Bank 2 6.94% $4,062
    BankPlus 2 6.19% $4,768
    LOANDEPOT.COM, LLC 2 6.75% $6,495
    The Loan Store, Inc. 2 6.19% $5,733
    Bank of England 2 6.38% $9,022
    PIERREMONT MORTGAGE, INC. 2 5.94% $2,690
    BancorpSouth 2 6.25% $5,241
    Home Bank 2 6.69% $4,860
    AmRes Corporation 2 5.69% $6,806
    Hometown Equity Mortgage, LLC 2 6.81% $5,247
    US MORTGAGE CORPORATION 2 6.06% $10,608
    NATIONS RELIABLE LENDING, LLC 2 7.25% $6,390
    Renasant Bank 2 6.00% $6,512
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.25% $9,027
    MICHIGAN MUTUAL, INC. 2 6.00% $10,222
    Merchants & Marine Bank 2 6.81% $6,010
    V.I.P. MORTGAGE, INC. 1 6.50% $4,948
    SWBC MORTGAGE CORPORATION 1 6.75% $2,583
    The Huntington National Bank 1 7.13% $5,807
    THE MORTGAGE LINK, INC. 1 6.13% $16,510
    TJC Mortgage, Inc. 1 6.50% $7,149
    Trustmark National Bank 1 6.38% $5,773
    AMERITRUST MORTGAGE CORPORATION 1 6.75% $8,740
    Network Funding, L.P. 1 6.88% $5,657
    DAS Acquisition Company, LLC 1 6.50% $6,615
    Magnolia Bank 1 6.13% $6,302
    LAND HOME FINANCIAL SERVICES, INC. 1 5.88% $9,523
    INTERLINC MORTGAGE SERVICES, LLC 1 6.63% $3,523
    America's Mortgage Resource, Inc. 1 6.50% $1,725
    ROYAL UNITED MORTGAGE LLC 1 7.25% $6,673
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $9,068
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.49% $7,629
    SFMC, LP 1 6.49% $6,271
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.75% $3,534
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.62% $10,237
    EMM LOANS LLC 1 6.25% $11,027
    STOCKTON MORTGAGE CORPORATION 1 6.88% $4,298
    Merchants Bank of Indiana 1 6.25% $5,207
    VILLAGE CAPITAL MORTGAGE 1 6.38% $12,462
    Century Next Bank 1 5.88% $5,549

    The top Louisiana USDA lender as defined by loan originations is GMFS LLC, with 353 USDA loans originated. Their average total fees are $4,059, which is $870 higher than the next largest lender, DSLD MORTGAGE, LLC.

    The lowest fee Louisiana USDA lenders (with over 10 loans originated) are DSLD MORTGAGE, LLC ($3,188), GMFS LLC ($4,059), MID AMERICA MORTGAGE, INC. ($4,579), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($4,912) and Origin Bank ($5,098).

    The lowest rate Louisiana USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.69%), DSLD MORTGAGE, LLC (5.73%), Red River Bank (5.98%), Hancock Whitney Bank (6.15%) and First Horizon Bank (6.19%).