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USDA Guarantee Fee

The current USDA Guarantee Fee (upfront mortgage insurance)  is 2% for purchases and 2% for refinance transactions plus a 0.5% yearly fee payed monthly.

View our latest blog post on the fee increase: Effective October 1, 2014 USDA Changes Fee StructureEffective on October 1, 2014, the start of Fiscal Year (FY) 2015, Rural Development will revise the Annual Fee structure as follows:

Up-Front Guarantee fee
FY 2013
Effective
10/01/2012
FY 2015
Effective
10/01/2014
Purchase Transactions (no change) 2% 2%
Refinance Transactions 2% 2%
Annual Fee
FY 2013
Effective
10/01/2012
FY 2015
Effective
10/01/2014
Purchase Transactions .40% .50%
Refinance Transactions .40% .50%