Tuscaloosa USDA Loan Rates, Closing Costs & Stats

TUSCALOOSA, AL

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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.

    Tuscaloosa's 24 lenders originated 86 USDA loans during 2024. The total origination value was $19,710,000, with an average USDA loan value of $229,186.

    Tuscaloosa USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Tuscaloosa averaged 6.55% for the week of 2025-07-18, compared to the national average (all USDA variants) of 6.472% for the same period.

    Tuscaloosa's average USDA mortgage closing costs are $4,662.

    The average rate for the prior week (2025-07-11) was 6.63% and one month ago for the week of 2025-06-13, the average rate was 6.58%.

    The average rate one year ago was 6.53%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.33%.

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

    Tuscaloosa 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 Tuscaloosa level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 16 4.49% $4,911
    First Federal Bank, A FSB 15 5.98% $7,091
    RELIANCE FIRST CAPITAL, LLC 11 6.23% $4,281
    United Community Bank 6 6.38% $6,830
    MOVEMENT MORTGAGE, LLC 4 6.63% $8,896
    STOCKTON MORTGAGE CORPORATION 3 6.54% $8,805
    BAYSHORE MORTGAGE FUNDING, LLC 3 7.17% $7,472
    Renasant Bank 3 6.29% $6,894
    UNITED WHOLESALE MORTGAGE, LLC 2 5.63% $8,385
    AMERICAN FINANCIAL RESOURCES, INC. 2 5.38% $14,905
    FIRST COMMUNITY MORTGAGE, INC. 2 6.38% $8,631
    MORIA DEVELOPMENT, INC. 2 6.06% $6,332
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $10,281
    Hamilton Mortgage Corporation 1 6.25% $5,885
    Prosperity Home Mortgage, LLC 1 6.49% $5,493
    Regions Bank 1 6.63% $3,237
    GMFS LLC 1 7.13% $6,008
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $8,086
    South State Bank 1 5.63% $10,253
    SOUTHWEST FUNDING, LP 1 7.13% $8,586
    BROKER SOLUTIONS, INC. 1 6.75% $7,954
    Synovus Bank 1 5.75% $6,937
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $2,742
    Keystone Funding, Inc. 1 6.75% $6,415

    The top Tuscaloosa USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 16 USDA loans originated. Their average total fees are $4,911, which is $2,180 lower than the next largest lender, First Federal Bank, A FSB.

    The lowest fee Tuscaloosa USDA lenders (with over 10 loans originated) are RELIANCE FIRST CAPITAL, LLC ($4,281), DHI MORTGAGE COMPANY, LTD. ($4,911), First Federal Bank, A FSB ($7,091), .

    The lowest rate Tuscaloosa USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.49%), First Federal Bank, A FSB (5.98%), RELIANCE FIRST CAPITAL, LLC (6.23%), .