USDA Loan Mortgage Rate
6.540%Current national average · Updated 2026-05-05
What is a USDA Loan?
Rural development loan with zero down payment
Pros
- No down payment required
- Low mortgage insurance costs
- Competitive fixed rates
- 100% financing
Cons
- Geographic restrictions (rural/suburban)
- Income limits apply
- Property must be in eligible area
Quick Facts
Current Rate
6.540%
Min. Down Payment
0%
Min. Credit Score
640
Best For
Rural and suburban buyers who meet income and geographic requirements
Top Lenders for USDA Loan
| Lender | USDA Loan Rate | APR | Action |
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