Texas 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.

    Texas USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Texas averaged 6.2% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    Texas's average USDA mortgage closing costs are $6,651.

    The average rate for the prior week (2025-03-28) was 6.36% and one month ago for the week of 2025-02-28, the average rate was 6.51%.

    The average rate one year ago was 6.27%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.96%.

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

    Texas 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 Texas level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 218 4.69% $6,799
    EAGLE HOME MORTGAGE, LLC 158 4.43% $6,838
    GUILD MORTGAGE COMPANY 105 6.40% $8,014
    VELOCIO MORTGAGE L.L.C. 65 4.51% $10,955
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 48 6.46% $9,534
    UNITED WHOLESALE MORTGAGE, LLC 47 6.13% $10,667
    Equity Prime Mortgage LLC 36 6.40% $7,777
    FLAT BRANCH MORTGAGE, INC. 33 6.55% $6,429
    CMG MORTGAGE, INC. 29 5.75% $10,007
    Paramount Residential Mortgage Group, Inc. 28 6.38% $9,024
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 28 6.34% $8,851
    PULTE MORTGAGE LLC 27 4.69% $4,791
    NEWREZ LLC 25 6.24% $8,706
    MORTGAGE FINANCIAL SERVICES, LLC 22 6.59% $7,309
    CROSSCOUNTRY MORTGAGE, LLC 16 6.75% $9,079
    PRIMELENDING, A PLAINSCAPITAL COMPANY 14 6.36% $8,376
    Wallick & Volk, Inc. 14 6.13% $4,406
    INSPIRE HOME LOANS INC. 13 4.77% $10,010
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 13 6.31% $4,578
    Flagstar Bank, FSB 12 6.26% $7,485
    INTERLINC MORTGAGE SERVICES, LLC 12 6.99% $5,479
    HOMESIDE FINANCIAL, LLC 11 6.25% $9,857
    EUSTIS AND AMERICAN MORTGAGE COMPANY 10 6.57% $6,186
    T2 FINANCIAL LLC 9 6.58% $8,206
    Alliance Credit Union 9 6.32% $7,542
    KBHS HOME LOANS, LLC 9 5.60% $7,397
    Nations Lending Corporation 9 6.46% $6,788
    CANOPY MORTGAGE, LLC 9 6.29% $9,895
    SWBC MORTGAGE CORPORATION 9 6.24% $4,877
    DAS Acquisition Company, LLC 9 6.75% $9,848
    SECURITYNATIONAL MORTGAGE COMPANY 9 6.31% $9,775
    Plains Commerce Bank 9 6.38% $8,188
    S1L, Inc. 8 6.08% $8,563
    Network Funding, L.P. 8 6.39% $8,540
    LOANDEPOT.COM, LLC 8 6.62% $6,372
    UNION HOME MORTGAGE CORP. 8 6.48% $8,593
    BROKER SOLUTIONS, INC. 8 6.38% $9,885
    SUN WEST MORTGAGE COMPANY, INC. 7 6.29% $7,731
    AMERICAN PACIFIC MORTGAGE CORPORATION 7 6.30% $10,141
    V.I.P. MORTGAGE, INC. 7 5.91% $11,558
    CARDINAL FINANCIAL 7 6.93% $8,398
    Century Mortgage Company DBA Century Lending Company 7 6.43% $6,366
    SOUTHWEST FUNDING, LP 7 6.61% $7,139
    GUARANTEED RATE, INC. 6 6.44% $7,398
    SFMC, LP 6 5.79% $11,439
    PLAZA HOME MORTGAGE, INC. 6 6.44% $8,299
    NATIONS RELIABLE LENDING, LLC 6 6.65% $9,053
    Guaranty Bank & Trust, N.A. 6 6.19% $6,693
    Independent Bank 6 6.46% $7,967
    CORNERSTONE HOME LENDING, INC. 5 6.10% $7,595
    EVERETT FINANCIAL, INC. 5 6.55% $9,147
    PLANET HOME LENDING, LLC 5 6.18% $11,830
    SeaTrust Mortgage Company 5 6.33% $7,450
    WILLOW BEND MORTGAGE COMPANY, LLC 5 6.55% $8,965
    American Mortgage Bank, LLC 5 6.15% $6,031
    HALLMARK HOME MORTGAGE, LLC 5 6.17% $7,604
    AMERICAN FINANCIAL RESOURCES, INC. 5 6.85% $7,582
    OPEN MORTGAGE, LLC 5 6.55% $8,463
    PRIMARY RESIDENTIAL MORTGAGE, INC. 5 6.68% $6,629
    MID AMERICA MORTGAGE, INC. 4 6.47% $6,056
    FIRST COMMUNITY MORTGAGE, INC. 4 6.41% $5,859
    Sierra Pacific Mortgage Company, Inc. 4 5.94% $8,183
    AMERICAN FINANCIAL NETWORK, INC. 4 6.50% $10,176
    TEXAS TECH 4 5.88% $7,025
    TOWNE MORTGAGE COMPANY 4 5.94% $7,888
    American National Bank & Trust 4 6.06% $6,419
    1ST SIGNATURE LENDING, LLC 3 5.92% $13,684
    American Mortgage & Equity Consultants, Inc. 3 6.96% $9,157
    BancorpSouth 3 5.79% $10,596
    City Bank 3 6.83% $5,425
    FBC MORTGAGE, LLC 3 6.24% $5,107
    Goldwater Bank, N.A. 3 6.54% $6,510
    Loan Simple, Inc. 3 6.88% $11,295
    Magnolia Bank 3 6.13% $10,445
    MUTUAL OF OMAHA MORTGAGE, INC. 3 6.17% $10,934
    PACIFIC RESIDENTIAL MORTGAGE, LLC 3 6.54% $8,786
    South Pacific Financial Corporation 3 5.21% $6,505
    SUMMIT FUNDING, INC. 3 6.38% $9,989
    The Loan Store, Inc. 3 6.38% $8,969
    THE MORTGAGE LINK, INC. 3 6.04% $17,816
    LOANPEOPLE, LLC 2 6.13% $13,234
    ASSOCIATED MORTGAGE CORPORATION 2 6.44% $7,240
    MICHIGAN MUTUAL, INC. 2 6.13% $9,926
    Mortgage Research Center, LLC 2 6.44% $8,821
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.00% $7,596
    MOVEMENT MORTGAGE, LLC 2 6.63% $8,239
    GENEVA FINANCIAL, LLC 2 6.56% $8,966
    Gateway First Bank 2 7.50% $6,348
    GARDNER FINANCIAL SERVICES, LTD. 2 6.56% $6,501
    VILLAGE CAPITAL MORTGAGE 2 6.13% $9,280
    First United Bank 2 6.37% $6,094
    Prosperity Home Mortgage, LLC 2 6.56% $8,296
    Farmers Bank & Trust Company 2 6.25% $6,027
    Regions Bank 2 6.88% $6,697
    Republic State Mortgage Co. 2 5.63% $9,287
    SENTE MORTGAGE, INC. 2 6.75% $9,556
    Cornerstone First Mortgage, Inc 2 6.06% $12,610
    CITY FIRST MORTGAGE SERVICES, L.L.C. 2 6.31% $8,938
    BAY EQUITY LLC 2 6.88% $7,251
    Waterstone Mortgage Corporation 2 6.69% $9,756
    Amarillo National Bank 2 6.69% $6,609
    TIB The Independent Bankersbank 2 6.50% $6,464
    TruHome Solutions, LLC 2 6.63% $8,219
    Ixonia Bank 2 6.19% $9,363
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 2 4.62% $8,594
    LEADERONE FINANCIAL CORPORATION 2 6.37% $9,114
    HOME FINANCING UNLIMITED, INC. 2 5.31% $9,208
    First Financial Bank 1 6.38% $5,866
    FIRST CONTINENTAL MORTGAGE, LTD. 1 5.99% $3,356
    FIRST COLONY MORTGAGE CORPORATION 1 6.13% $9,309
    First Bank 1 6.25% $9,090
    Hometown Equity Mortgage, LLC 1 6.00% $7,472
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.13% $7,126
    Barrington Bank & Trust Company, N.A. 1 6.75% $4,907
    Town Square Mortgage & Investments, Inc. 1 5.88% $9,382
    ROYAL UNITED MORTGAGE LLC 1 7.63% $7,753
    Encompass Lending Group, LP 1 6.13% $8,302
    Sabine State Bank and Trust Company 1 6.88% $7,922
    DSLD MORTGAGE, LLC 1 4.99% $4,241
    DIRECTIONS EQUITY, LLC 1 5.99% $11,703
    JMAC LENDING, INC. 1 6.00% $6,800
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.63% $5,381
    US MORTGAGE CORPORATION 1 6.13% $13,584
    DEVELOPER'S MORTGAGE COMPANY 1 5.50% $8,550
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.75% $7,665
    METROPLEX MORTGAGE SERVICES, INC. 1 4.75% $8,972
    Simmons Bank 1 5.88% $8,582
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.99% $10,348
    M/I FINANCIAL, LLC 1 5.63% $16,627
    MLB RESIDENTIAL LENDING, LLC 1 6.88% $6,968
    GUARANTEED RATE AFFINITY, LLC 1 7.25% $6,494
    MORTGAGEONE, INC. 1 5.25% $15,264
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 7.00% $4,470
    AXIA FINANCIAL, LLC 1 7.00% $6,581
    AMERICAN FINANCING CORPORATION 1 6.88% $4,003
    VeraBank 1 6.50% $5,131
    Great Plains National Bank 1 6.50% $6,394
    City Lending Inc. 1 6.50% $6,309
    Assurance Financial Group, L.L.C. 1 6.13% $6,797
    NEW FED MORTGAGE, CORP. 1 5.50% $6,880
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.99% $8,576
    NFM, INC. 1 6.13% $10,115
    First United Bank and Trust Company 1 6.38% $7,291
    Origin Bank 1 5.88% $12,011
    UNIVERSITY Federal Credit Union 1 6.13% $7,273
    HOMETRUST MORTGAGE COMPANY 1 7.00% $5,743
    PILGRIM MORTGAGE LLC 1 7.25% $6,832
    First State Bank 1 6.38% $7,164

    The top Texas USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 218 USDA loans originated. Their average total fees are $6,799, which is $39 lower than the next largest lender, EAGLE HOME MORTGAGE, LLC.

    The lowest fee Texas USDA lenders (with over 10 loans originated) are Wallick & Volk, Inc. ($4,406), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($4,578), PULTE MORTGAGE LLC ($4,791), INTERLINC MORTGAGE SERVICES, LLC ($5,479) and EUSTIS AND AMERICAN MORTGAGE COMPANY ($6,186).

    The lowest rate Texas USDA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.43%), VELOCIO MORTGAGE L.L.C. (4.51%), DHI MORTGAGE COMPANY, LTD. (4.69%), PULTE MORTGAGE LLC (4.69%) and INSPIRE HOME LOANS INC. (4.77%).