Today's USDA Rates In Texas
Today's USDA Rates In Texas for
Purchase Rates
5.997%
Refinance Rates
5.990%
Rate Table Assumptions
Mortgage rates change with market conditions. They can only be guaranteed when they are locked in with an application. The rates may vary based on credit score, loan amount, and other factors.
Loan amounts greater than $475,000. FICO credit score greater than 780 or higher. Owner Occupied
30 Conventional Year Fixed - $475,000 or greater . LTV 75.0%. 1 % Point Charged First time Home Buyer.
15 Year Fixed - $475,000 or greater. LTV 75%. 1 Point Charged.
30 Year Jumbo Loan - $800,000 or greater. LTV 75.0%. 1 Point.
30 Year FHA Loan - $475,000. LTV 96.5%. 1 Point charged
30 Year VA Loan - $475,000. 100.0% 1 Point.
1,122
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Latest USDA Rate Updates in Texas
As of July 13, 2026, the average 30-year fixed USDA purchase rate is 5.975% with a 6.141% APR, while the average USDA refinance rate is 5.934% with a 6.098% APR.
Current USDA rates include:
USDA 30-Year Fixed Purchase: 5.975% APR 6.141%
USDA 30-Year Fixed Refinance: 5.934% APR 6.098%
USDA-eligible Texas buyers may have a useful window because program pricing is competitive and the statewide market is taking longer to move.
Texas homes took 68 days to sell in May 2026, and the statewide median sale price was $343,779, up 0.9% year over year. If you’re looking in a rural or suburban area, the extra time can help you confirm property eligibility and income limits before getting too far into an offer.
On a $343,779 home, principal and interest would be about $2,056 at 5.975%, compared with about $2,119 at the latest 6.262% USDA index and $2,223 at last year’s 6.72% broad 30-year benchmark.
Today’s USDA estimate is about $63 lower than the latest USDA index comparison and about $167 lower than last year’s broad benchmark.
Before choosing a home, confirm the property address through USDA eligibility first because a strong rate will not matter if the home falls outside the approved area.
Compare USDA quotes against FHA and conventional options before choosing a loan to know the best option that fits your financial situation and goals.
What You Need To Know To Qualify For A USDA Loan Rate In Texas
Check Rural Eligibility
Use the USDA’s property eligibility map (“USDA eligible areas Texas”) to confirm your address qualifies for USDA rural development financing.
Understand Income Limits
USDA guaranteed loans have household income caps based on county median income (“Texas USDA income limits”). Verify your eligibility in your county.
Compare Guaranteed vs. Direct Programs
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Guaranteed Loans: Backed by USDA, offered through approved lenders with 0% down.
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Direct Loans: USDA-managed for very low– to low-income borrowers, often with reduced interest rates.
Credit Score Requirements
While USDA doesn’t set a hard minimum, most lenders look for a credit score of 640+. Improving your score by even 20 points can help secure better rates.
Plan for the Guarantee Fee
USDA loans include an up-front guarantee fee (1%) and an annual fee (~0.3%). Factor these into your total financing cost.
Gather Essential Documents Early
Prepare pay stubs, W-2s, bank statements, and proof of assets to streamline USDA underwriting (“USDA loan documentation Texas”).
Explore Closing Cost Assistance
Some nonprofit and state programs offer grants or second-mortgage assistance to cover USDA closing costs—search “Texas homebuyer assistance USDA.”
Timeline Expectations
USDA approvals can take 45–60 days. Start early, especially if you’re coordinating a sale and purchase.
Compare to Other Programs
If you’re eyeing 0-down options, also review VA loans (for veterans) and FHA loans (3.5% down) to see which fits you best.
Talk to a USDA Specialist
Reef Merhi, owner of Texas United Mortgage and his team have closed hundreds of USDA loans. We're happy to guide you through every step—from eligibility checks to closing—so you can focus on finding your dream home.


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