USDA Loans
Zero down payment mortgage options for low-to-moderate income homebuyers looking to purchase in eligible rural and suburban areas.
What is a USDA Loan?
A USDA home loan is a zero-down-payment mortgage for eligible rural and suburban homebuyers. These loans are issued through the USDA Rural Development Guaranteed Housing Loan Program and are designed to make homeownership more affordable in less densely populated areas.
USDA loans offer some of the lowest interest rates available and do not require a traditional down payment, making them an excellent choice for those who meet the income and location requirements.
Eligibility Requirements
Location Based
The property must be located in a USDA-eligible rural or suburban area. Many areas on the outskirts of major cities often qualify.
Income Limits
Borrowers must meet certain income requirements, which vary by location and household size, to ensure the program helps those who need it most.
