Oregon USDA Loan Rates, Closing Costs & Stats

Oregon

  • 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.

    Oregon USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Oregon averaged 6.83% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

    Oregon's average USDA mortgage closing costs are $7,314.

    The average rate for the prior week (2024-04-05) was 6.76% and one month ago for the week of 2024-03-08, the average rate was 6.32%.

    The average rate one year ago was 6.12%.

    For refis of the same type during the week of 2024-04-12, the average rate was 6.94%.

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

    Oregon 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 Oregon level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 32 6.07% $11,803
    UNITED WHOLESALE MORTGAGE, LLC 16 5.58% $13,473
    AMERICAN PACIFIC MORTGAGE CORPORATION 13 6.41% $11,715
    MANN FINANCIAL INC. 11 6.85% $9,450
    Sierra Pacific Mortgage Company, Inc. 9 5.75% $9,377
    CROSSCOUNTRY MORTGAGE, LLC 9 5.88% $11,738
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.31% $9,615
    NEWREZ LLC 9 5.90% $10,058
    Century Mortgage Company DBA Century Lending Company 8 5.98% $13,843
    SUMMIT FUNDING, INC. 7 6.50% $12,548
    MASON MCDUFFIE MORTGAGE CORPORATION 6 6.64% $8,573
    LOANDEPOT.COM, LLC 6 5.85% $16,451
    CMG MORTGAGE, INC. 6 6.19% $9,278
    DIRECTORS MORTGAGE, INC. 5 6.20% $12,336
    ACADEMY MORTGAGE CORPORATION 5 6.68% $9,060
    U.S. Bank 5 6.33% $9,172
    Paramount Residential Mortgage Group, Inc. 5 6.63% $7,466
    LEADERONE FINANCIAL CORPORATION 3 5.83% $12,627
    GoPrime Mortgage, Inc. 3 6.37% $10,528
    Banner Bank 3 6.13% $7,434
    PACIFIC RESIDENTIAL MORTGAGE, LLC 3 6.42% $13,999
    LPMC, LLC 3 6.29% $10,600
    Willamette Valley Bank 2 5.81% $13,390
    AMERICAN FINANCIAL NETWORK, INC. 2 5.81% $16,359
    CHURCHILL MORTGAGE CORPORATION 2 6.31% $9,972
    CITY FIRST MORTGAGE SERVICES, L.L.C. 2 6.31% $8,721
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 7.44% $9,060
    FIRST COLONY MORTGAGE CORPORATION 2 6.44% $7,222
    Loan Simple, Inc. 2 6.19% $13,594
    MORTGAGE EXPRESS, LLC 2 6.31% $11,151
    MOVEMENT MORTGAGE, LLC 2 6.50% $12,916
    PREMIER MORTGAGE RESOURCES, L.L.C. 2 6.56% $11,587
    S1L, Inc. 2 5.75% $8,604
    Umpqua Bank 2 6.31% $9,418
    Nations Lending Corporation 1 5.75% $4,087
    Golden Empire Mortgage, Inc. 1 6.99% $9,191
    Opportunity Bank of Montana 1 5.88% $4,860
    GENEVA FINANCIAL, LLC 1 5.50% $15,978
    Flagstar Bank, FSB 1 7.17% $8,923
    Plains Commerce Bank 1 5.25% $11,103
    PLAZA HOME MORTGAGE, INC. 1 6.13% $11,340
    CARDINAL FINANCIAL 1 7.25% $14,245
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $19,303
    RELIANCE FIRST CAPITAL, LLC 1 6.13% $12,225
    CANOPY MORTGAGE, LLC 1 6.99% $11,141
    Equity Prime Mortgage LLC 1 6.75% $10,295
    DAS Acquisition Company, LLC 1 5.25% $8,421
    GUARANTEED RATE, INC. 1 6.75% $9,893
    MORIA DEVELOPMENT, INC. 1 6.38% $6,654
    SUMMIT MORTGAGE CORPORATION 1 6.13% $10,655
    BROKER SOLUTIONS, INC. 1 6.10% $5,285
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $8,661

    The top Oregon USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 32 USDA loans originated. Their average total fees are $11,803, which is $1,669 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Oregon USDA lenders (with over 10 loans originated) are MANN FINANCIAL INC. ($9,450), AMERICAN PACIFIC MORTGAGE CORPORATION ($11,715), GUILD MORTGAGE COMPANY ($11,803), UNITED WHOLESALE MORTGAGE, LLC ($13,473) and .

    The lowest rate Oregon USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.58%), GUILD MORTGAGE COMPANY (6.07%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.41%), MANN FINANCIAL INC. (6.85%) and .