Oklahoma USDA Loan Rates, Closing Costs & Stats

Oklahoma

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets

    • 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.

    Oklahoma USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Oklahoma averaged 6.48% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    Oklahoma's average USDA mortgage closing costs are $5,050.

    The average rate for the prior week (2025-03-28) was 6.75% and one month ago for the week of 2025-02-28, the average rate was 6.8%.

    The average rate one year ago was 6.95%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.94%.

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

    Oklahoma 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 Oklahoma level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FLAT BRANCH MORTGAGE, INC. 71 6.63% $5,936
    GUILD MORTGAGE COMPANY 68 6.56% $5,915
    Arvest Bank 44 6.61% $6,496
    American Mortgage Bank, LLC 43 6.23% $7,072
    Firstar Bank 42 6.13% $5,469
    First United Bank and Trust Company 38 6.35% $6,663
    OPEN MORTGAGE, LLC 34 6.39% $8,468
    BancFirst 32 6.67% $5,281
    Stride Bank 28 6.48% $6,093
    Great Plains National Bank 27 6.43% $6,037
    INTERLINC MORTGAGE SERVICES, LLC 25 6.89% $3,480
    ASSOCIATED MORTGAGE CORPORATION 25 6.36% $6,668
    Gateway First Bank 23 6.66% $5,978
    UNITED WHOLESALE MORTGAGE, LLC 22 6.20% $8,765
    NEWREZ LLC 22 6.63% $6,235
    Paramount Residential Mortgage Group, Inc. 20 6.48% $5,529
    GUARANTEED RATE, INC. 19 6.46% $6,142
    BOKF 15 6.30% $8,179
    Mortgage Investment Services Corporation 15 6.75% $2,983
    THE MORTGAGE LINK, INC. 15 6.62% $11,130
    Century Mortgage Company DBA Century Lending Company 14 6.36% $7,443
    Equity Prime Mortgage LLC 14 6.77% $7,141
    US MORTGAGE CORPORATION 13 6.63% $6,916
    SUN WEST MORTGAGE COMPANY, INC. 13 6.50% $6,073
    American Bank of Oklahoma 12 6.06% $6,660
    Chickasaw Community Bank 12 6.78% $6,012
    CORNERSTONE HOME LENDING, INC. 12 6.35% $8,485
    V.I.P. MORTGAGE, INC. 12 6.44% $6,897
    TOWNE MORTGAGE COMPANY 10 6.43% $5,911
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 10 6.69% $5,924
    UNION HOME MORTGAGE CORP. 9 6.36% $7,576
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.69% $7,115
    CMG MORTGAGE, INC. 9 5.94% $8,385
    MID AMERICA MORTGAGE, INC. 8 6.44% $4,770
    F & M Bank 7 6.45% $5,173
    Waterstone Mortgage Corporation 7 6.34% $8,923
    GARDNER FINANCIAL SERVICES, LTD. 7 6.59% $6,275
    The Central Trust Bank 6 6.35% $7,119
    BROKER SOLUTIONS, INC. 6 6.81% $8,281
    Flagstar Bank, FSB 6 6.75% $4,364
    SOUTHWEST FUNDING, LP 5 6.53% $6,847
    Mortgage Research Center, LLC 5 6.15% $4,440
    TTCU Federal Credit Union 5 6.48% $6,931
    American Mortgage & Equity Consultants, Inc. 4 6.84% $7,549
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 6.81% $9,367
    RCB Bank 4 6.19% $4,520
    CROSSCOUNTRY MORTGAGE, LLC 4 7.22% $8,123
    AMERICAN FINANCIAL RESOURCES, INC. 4 6.59% $6,324
    Simmons Bank 3 5.92% $7,405
    MLD MORTGAGE INC. 3 6.54% $6,786
    GENEVA FINANCIAL, LLC 3 6.75% $6,331
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 6.83% $7,102
    Equity Bank 2 5.99% $5,760
    DHI MORTGAGE COMPANY, LTD. 2 4.81% $7,424
    FIRST COMMUNITY MORTGAGE, INC. 2 5.43% $9,146
    DEVELOPER'S MORTGAGE COMPANY 2 7.00% $3,455
    DAS Acquisition Company, LLC 2 6.56% $7,863
    Magnolia Bank 2 7.38% $5,169
    Midwest Mortgage Associates Corporation 2 6.56% $5,634
    CARDINAL FINANCIAL 2 6.62% $5,084
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.13% $7,580
    Network Funding, L.P. 2 6.25% $5,715
    CANOPY MORTGAGE, LLC 2 5.56% $6,908
    PLAZA HOME MORTGAGE, INC. 2 6.69% $7,099
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 7.00% $7,254
    SENTE MORTGAGE, INC. 2 6.75% $5,447
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.63% $9,435
    UNITED 2 6.38% $7,396
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.13% $5,090
    First National Bank and Trust Company 1 6.75% $7,253
    MOVEMENT MORTGAGE, LLC 1 6.75% $8,236
    Regent Financial Group, Inc. 1 6.75% $5,740
    S1L, Inc. 1 6.75% $5,695
    SeaTrust Mortgage Company 1 6.63% $11,735
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.63% $7,540
    AMERICAN FINANCIAL NETWORK, INC. 1 5.75% $9,993
    Servion, Inc. 1 6.13% $5,156
    MICHIGAN MUTUAL, INC. 1 6.13% $6,957
    Mabrey Bank 1 6.63% $5,860
    Landmark National Bank 1 7.00% $7,696
    FIRST COLONY MORTGAGE CORPORATION 1 6.13% $6,731
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $6,970
    SWBC MORTGAGE CORPORATION 1 5.63% $1,894
    T2 FINANCIAL LLC 1 6.49% $7,824
    Carrington Mortgage Services, LLC 1 7.13% $5,641
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.50% $10,913
    TIB The Independent Bankersbank 1 6.75% $4,021
    Community National Bank & Trust 1 6.38% $5,617
    GMFS LLC 1 5.99% $4,409
    CWM PARTNERS, L.P. 1 5.25% $6,865
    Barrington Bank & Trust Company, N.A. 1 6.75% $5,574
    Plains Commerce Bank 1 5.38% $12,927
    PLANET HOME LENDING, LLC 1 5.50% $10,240
    First Bank 1 6.13% $6,303
    PNC Bank 1 7.13% $4,514

    The top Oklahoma USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 71 USDA loans originated. Their average total fees are $5,936, which is $20 higher than the next largest lender, GUILD MORTGAGE COMPANY.

    The lowest fee Oklahoma USDA lenders (with over 10 loans originated) are Mortgage Investment Services Corporation ($2,983), INTERLINC MORTGAGE SERVICES, LLC ($3,480), BancFirst ($5,281), Firstar Bank ($5,469) and Paramount Residential Mortgage Group, Inc. ($5,529).

    The lowest rate Oklahoma USDA lenders (with over 10 loans originated) are American Bank of Oklahoma (6.06%), Firstar Bank (6.13%), UNITED WHOLESALE MORTGAGE, LLC (6.20%), American Mortgage Bank, LLC (6.23%) and BOKF (6.30%).