Alexandria USDA Loan Rates, Closing Costs & Stats
ALEXANDRIA, LA
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.
Alexandria's 21 lenders originated 68 USDA loans during 2024. The total origination value was $11,350,000, with an average USDA loan value of $166,912.
Alexandria USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Alexandria
averaged
6.26%
for the week of 2025-07-18, compared to the national average (all USDA variants) of
6.472% for the same period.
Alexandria's average USDA mortgage closing costs are $5,376.
The average rate for the prior week (2025-07-11) was
6.64% and
one month ago for the week of 2025-06-13, the
average rate was 6.69%.
The average rate one year ago was 6.44%.
For refis of the same type during the week of 2025-07-18, the average rate
was 6.05%.
Alexandria 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 Alexandria level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| TOWNE MORTGAGE COMPANY | 11 | 6.48% | $8,238 |
| Red River Bank | 8 | 5.99% | $5,747 |
| GMFS LLC | 7 | 6.34% | $2,264 |
| Equity Prime Mortgage LLC | 6 | 6.44% | $6,082 |
| Sabine State Bank and Trust Company | 6 | 6.92% | $6,343 |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 5 | 6.98% | $5,142 |
| GUILD MORTGAGE COMPANY | 4 | 6.66% | $5,830 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 3 | 6.04% | $9,285 |
| NEWREZ LLC | 3 | 6.42% | $3,779 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.44% | $6,315 |
| TIB The Independent Bankersbank | 2 | 5.69% | $6,144 |
| BancorpSouth | 2 | 6.25% | $5,241 |
| MORTGAGE FINANCIAL SERVICES, LLC | 1 | 6.13% | $6,360 |
| AMERICAN FINANCIAL RESOURCES, INC. | 1 | 6.25% | $4,242 |
| Assurance Financial Group, L.L.C. | 1 | 6.75% | $8,069 |
| CARDINAL FINANCIAL | 1 | 6.13% | $10,818 |
| DHI MORTGAGE COMPANY, LTD. | 1 | 4.99% | $5,651 |
| AMERICAN FINANCIAL NETWORK, INC. | 1 | 6.88% | $7,033 |
| MOVEMENT MORTGAGE, LLC | 1 | 6.25% | $7,033 |
| Plains Commerce Bank | 1 | 6.00% | $10,459 |
| UNION HOME MORTGAGE CORP. | 1 | 5.63% | $10,430 |
The top Alexandria USDA lender as defined by loan originations is TOWNE MORTGAGE COMPANY, with
11 USDA loans originated. Their average total fees are
$8,238, which is $2,491
higher than the next largest lender,
Red River Bank.
The lowest fee Alexandria USDA lenders (with over 10 loans originated) are
TOWNE MORTGAGE COMPANY ($8,238), .
The lowest rate Alexandria USDA lenders (with over 10 loans originated) are
TOWNE MORTGAGE COMPANY (6.48%), .